We are seeing more and more organisations across all parts of the not-for-profit sector including ‘collaboration’ activities in their strategic plans. Over the last few months, the Good Foundations team has worked on several projects where organisations were looking to merge; from this, we have summarised our take on the 5 most critical elements for merger success for not-for-profit organisations.
For many NFP CEOs, creating and maintaining a strong relationship between management and the board can be fraught with angst. It is crucial that there is a clear and open working relationship.
Historically, NFPs have been reluctant to take risks; they don’t like to take risks with how their money is spent either from fear of negative backlash from funders and the general public or the fear of wasting money and not achieving the desired impact. The reputation of an organisation can quickly be tarnished with one or more poor decisions. So people play safe. But does this approach lead to the best outcomes for people who need the services of NFP organisations?
The importance of evaluation and impact measurement no matter your organisation’s size.
At Good Foundations, we are passionate about helping organisations be as well-run as they can be.
To help you determine if there are areas your organisation might need to improve so you can be 'better-run', we’re creating an online self-diagnostic tool for organisations to compare how well they are operating and running themselves. To kick things off, we’re inviting you to complete our initial online survey - you’ll be able to rate yourself against 20 elements of a well-run NFP. From there, we’ll take this data to create an average across the sector. When the online tool launches, you’ll be able to see how well you rank against the sector average for each element, and which areas you should improve most.
The survey takes just 5 minutes to complete.
The tool is designed to help you reflect on what you do, and gives you a starting point to determine which actions you should focus on, to improve your organisation.
If you have any feedback or questions, we’re all ears - email us on firstname.lastname@example.org
We all know it can be difficult to attract and retain talent in the for-purpose (not-for-profit) sector. Salary levels, career progression and professional development issues are all too familiar; meaning, purpose and ‘making a difference’ can only go so far. There are however, many incredibly talented people dedicating themselves to creating impact. So what works?
Mergers won’t be the answer for every organisation, but we believe that more collaboration should be encouraged in the sector and that collaboration can be across a very broad spectrum.
What makes a not-for-profit 'well-run'? We want you to have your say.