November 6, 2014
A clear management strategy is essential to the success of a nonprofit organization's mission. Many foundations and charities turn to their board of directors for guidance, but there are several other ways to develop effective approaches to operating a nonprofit group.
The Chronicle of Philanthropy recently wrote about Bridgespan Group, a nonprofit organization that Bain & Company helped establish. Bain is widely renowned as a consulting firm that helps businesses utilize tools and strategies to empower management. In fact, Bain releases reports on a biannual basis to help guide companies through the latest management trends. Bridgespan Group aims to provide a similar service to organizations in the philanthropic world.
Taking an analytical approach to management strategy
The Bridgespan Group survey will have five primary focal points that will guide nonprofit leaders through the decision-making process for tools and trends. The Chronicle indicated some of the areas will include ways to clarify goals by looking at a variety of potential circumstances that may challenge leadership. At the same time, the report will look at how nonprofits can take a theoretical approach to change. Another key function will be to learn how to effectively get feedback from various stakeholders as well as looking at program performance.
The report will be conducted by both Bridgespan Group and The Chronicle of Philanthropy, and it will look into the nonprofit community's perspective through surveys. Not only is it a chance to see what tools and strategies are working, but also an opportunity to recognize what isn't as helpful.
Change is often a necessary risk
When nonprofits reach a certain point in leadership issues, they often have no choice but to reevaluate their management styles and adopt a new approach. Nonprofit Quarterly highlighted the cases of two arts organizations and the issues they've had in management. First, the San Diego Opera nearly became a memory in the Southern California fine arts community. Many of the organization's artistic leaders left, in addition to the president of the board and several trustees.
Meanwhile, the Museum of Contemporary Art North Miami went through a tumultuous several months over the summer, during which the former board of directors decided to create a new organization called the Institute of Contemporary Art Miami. The new leadership at MOCA North Miami is working with a new board that was appointed by the city.
Embracing change in nonprofits can be a precarious act, but it often results in necessary outcomes that benefit the organization in the long run. As The Chronicle of Philanthropy and Bridgespan Group attempt to assist nonprofits in their search for better management, there will always be a period of trial and error that these groups need to face.
Content presented by First Nonprofit Group, the leading provider of state unemployment insurance solutions for 501(c)(3) nonprofit employers.
First Nonprofit has saved us so much money over the state’s program. We had one little glitch with the state recently and we contacted FNP immediately. FNP staff called us back immediately and moved to remedy the problem.
First Nonprofit has been a great partner. They have helped us saved hundreds of thousands of dollars! They have awesome resources for our nonprofit organization. Thanks for the partnership.
Life is certainly busy these days but having business partners like First Nonprofit has made some of the process hassle free. We have worked with this team for years. When we changed payroll systems, they outlined every step. I think this team is terrific and I know they get the job done! Thank you, Cruz, to all the team at FNP.
FNP has helped our agency to save thousands of dollars every year on our unemployment coverage. The service is phenomenal, and we are thankful to their team as our partner. My experience working with Marshall on the advocacy around UE for nonprofits was also a highlight as someone who teaches advocacy and lobbying for nonprofits. Really, your whole team is top shelf, so thank YOU!
Chicago Children’s Theatre has greatly benefited from our partnership with First Nonprofit, and I have always enjoyed working with the staff on our filings and any complicated questions. I would not hesitate to recommend First Nonprofit to fellow nonprofits. We’re very happy customers.
FNP is a great resource for Daniel Kids. To have a TPA that we can count on to take point on not only managing our unemployment claims, but to support and guide any protest hearing, is invaluable. All the professional support staff we have worked with have been excellent, very knowledgeable and responsive. We are grateful for the help and support, thank you.
When I first began in my position at my organization, I hadn’t had experience working with a company like FNP. The staff was so patient and helpful in helping to explain the benefits of First Nonprofit. Anytime I reach out with a question I receive a quick, clear, and thorough response. I’m so thankful that we decided to partner with FNP. Their excellence in customer service, coupled with their variety of packages frees us up to truly serve our staff and community with a peace of mind knowing that our organization is protected against unanticipated unemployment insurance expenses.
First Nonprofit gets an A+ in my book. You are so easy to work with & very knowledgeable! Whether it is my quarterly correspondence with Kim or my random interactions with Dawn about a bond … I am so pleased that I get to work with such a helpful company. Thank you!