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Your Donors: Myths And International
Intrigue
Can the appeal go out in English? That’s just one of
the many questions that make Geoffrey W. Peters, president and
CEO of CDR Fundraising Group in Bowie, Md., scratch his head in
dismay when talking to clients considering cross-border appeals.
You have to talk the talk if you want to fundraise in another
country. If English isn’t the country’s official
language, you will have to send out appeals in the native
language.
To read the complete article click
here... |
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Your
Career ... 9 ideas for getting that next
job
Professional development can help you get to
your ultimate career destination, but there are many paths to
get there, according to James Weinberg, founder and CEO of
Boston-based Commongood Careers.
Weinberg explained that heading back to school
isn’t the only way to develop your career at NTEN’s
2009 Nonprofit Technology Conference.
-
Graduate programs. These can be costly. Make
sure you are in a high-quality program that fits what you want
to learn.
-
Workshops. This also is expensive. Some
workshops guarantee certificates, but check to see if that piece
of paper means anything for your professional career.
-
Self-education books. Some times your best
teacher could be yourself. Look for books or online courses that
can help.
-
In-house mentors. Ask a competent colleague
or supervisor for guidance.
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Outside mentors. Structure a relationship
with someone in the field that works outside of your
organization.
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Peer networks. These organize colleagues with
similar jobs.
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Management. You can learn a lot by teaching
others.
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Consulting. Side projects can help you
encounter elements of your position that may not come up at your
job.
-
Volunteering. This offers flexibility to your
schedule.
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Management ... Forcing change in an
economic mindset
Some people view the recession as a
full-blown crisis. But some organizations should take this
tumultuous economic climate as a time to change the
organizational mindset, according to Dennis R. Young, author and
expert in nonprofit management and finances.
Young explained that this recession gives
nonprofits the opportunity to self-evaluate and plot new
initiatives needed during this time and discard inefficient
practices at the recent American Institute of Certified Public
Accountants (AICPA) National Not-For-Profit Industry Conference
in Washington, D.C.
Here’s how to find the financial
silver lining during this economic storm:
- Analyze programs. Evaluate programs based
on contribution to the mission and the organization’s net
financing. Shed programs that don’t fit those
requirements, even if they are the president’s pet
projects.
- Rebalance programs. Dedicate more
resources to programs that will maximize impact within the
financial stability.
- Look at revenue strategies. Don’t
just look at your net income. Net income could increase, but if
your profit margins soar as well, there might be less to
celebrate. Tweak fundraising costs with a focus on profit
margin.
- Scrutinize cost structure. Have reliable
revenue streams offset fixed costs.
- Analyze overhead costs for any places to
trim.
- Keep debt in mind. Use dedicated funds or
unrestricted sources of revenue to cover debt.
- Take your place in the market share.
Develop partnerships that will enhance economies of scale.
Identify which markets give you financial support and try to
expand your organization’s piece of the market segment.
- Change your reward system. Try to reward
your employees through recognition or low-cost in-kind benefits
instead of bonuses or financial awards.
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