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No Small Change

4/8/2020

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Fundraising in Difficult Times, Part 3

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You have permission to change. No excuses needed. Change will soon serve as the new normal.
 
For many, that day has already arrived.

Daily death reports represent families ripped by grief; torn hearts take a long time to heal. Our collective conscience has now sensitized to one another’s health, although we paid a high price to develop such awareness. Doubt others care? Just cough or sneeze in public for the next few months. 
 
Broad societal ills will linger. Millions abruptly lost jobs, billions learned to distance from one another, and economic impact stretches into the trillions. How much will return and when? No one knows. But this we do know: First comes loss, then comes change. 
 
“When the world emerges from the pandemic, the size of the commercial market and the types of products and services our customers want and need will likely be different,” Boeing’s Chief Executive Officer David Calhoun said in a recent message to employees. “It’s important we start adjusting to our new reality now.” (Fortune.com, 04/02/2020)
 
Mr. Calhoun’s words apply to the nonprofit sector as well. While checking in with a friend who serves as a foundation executive director, he said, “We are busy rethinking how we will do philanthropy.”
 
Rethinking means new funding decisions based on new priorities and new lessons learned. For a long time, the adage “You’re either growing or dying” drove decision-making for nonprofits. Today, “Rethink or regret” seems more apropos. Wise nonprofit leaders will consider now what new approaches, programs, structures, and messages need to take place – adjustments to a new reality.  
 
Again, you have permission to change. Actually, it looks more like a mandate.
 
In the immediate term, start with three core questions every organization should answer:
 
  1. How does our constituency expect us to respond to the current pandemic and are we meeting that expectation? If not, what must change?
  2. What can we do right now to serve our constituency that exceeds expectations? (Qualifier: it must add true value to them)
  3. What “temporary clarity” is needed for the organization to keep it productive, relevant, and/or solvent?
 
While the pandemic-induced shut-down caught many organizations unprepared, make decisions now to prepare for when everything turns on again. As the president of a healthcare professionals association recently said, “Every organization has received an opportunity to press the big re-do button.”
 
What specific areas serve as mid- or long-term change candidates? Schedule a video call and brainstorm opportunities around these general topics:
 
  • Tighter alignment to our core mission for more impact, meaning we cut activities and expenses we’ve known we should eliminate but never did before.  
  • New budget decisions unveiled through discovering what’s truly a fixed cost versus a variable expense.
  • Moves toward more comprehensive financial management that includes cash reserves and contingencies.
  • New income streams that create less operational dependency on donor gifts.
  • Options to take program elements and make them digital and the organization’s overall relationship to technology.
  • Fresh fundraising approaches, especially with focus on communicating deliberate changes that make your organization both effective and more resilient.
  • What major new aspiration(s) deserve consideration, knowing that life will be different post-pandemic?
 
For many organizations, these are no small changes. True; but remember that you now have permission.
 
 
© 2020 David Staal. All rights reserved. davidstaal.net
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    David Staal writes, speaks, consults, and has filled a career with executive and leadership positions
    in the non-profit, church, and corporate sectors.

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