Diversifying revenue is a good idea for many organizations; however, implementing diversification is not a one size fits all solution for every organization. This tutorial looks into when, why, and how your organization can benefit from diversifying revenue sources.
COVID-19 has spotlighted the need for organizations to develop emergency succession plans. This resource provides a roadmap and Emergency ED Succession Plan Template to create a plan for your organization.
We are operating during unprecedented times and it is difficult to know what the scope and impact from COVID-19 will be. However, your organization can prepare for the unknown impact and changes now and adjust as needed when more is known and revealed. This tutorial walks you through critical steps and scenario planning to take now to prepare for the uncertainty ahead.
Nonprofit budgets must be based on realistic revenue forecasts. Here are some principles and procedures for developing them.
Positive and collaborative executive director and board relationships are always important, but in times of crisis, they are more than ever. This resource offers suggestions for board members on how to effectively support and maximize their impact with executive directors and organizations during times like COVID-19.
For Executive Directors to be successful, Boards may support but must let EDs lead in all the core functions they were hired to do, including staff management. This resource offers approaches and suggestions for Boards and EDs to work effectively through staff management and inter-staff conflict.
Formally adopting a strategic plan is one of the most fundamental responsibilities of a board of directors. This resource reviews the process between the planning committee, staff, and board from review to adoption of your new strategic plan.
Rotation is a healthy and natural way of providing change and necessary transformation for boards. Regularly bringing in new board members helps keep away stagnation and provides the board opportunities for renewal. This resource reviews the importance of Board Term Limits and discusses the advantages and concerns to take into consideration for your Board.
Accurate revenue forecasting is an essential, yet overlooked, aspect of sound organizational management. This brief report is a useful resource to help organizations think strategically about revenue generation using several different analytical tools.
Feedback isn’t about “once-and-done.” An effective organization strives to create a feedback-rich culture which takes both organizational systems and leadership behaviors that are applied consistently over time. Systems support and sustain behaviors. Behaviors bring systems to life. Use this list to see where your organizations thrive and identify where you might need to focus on improving.
TREC understands that accurate job descriptions form the basis for many aspects of an effective organization. Relevant and up to date position descriptions help every employee understand their duties, tasks, and responsibilities. TREC offers a guide to writing job descriptions, a sample job description, and a template to help your organization.
With the millions of pieces of direct mail sent out every year, your job is to have your letter rise above all the rest. This resource will help you look at some ways to make your appeals outshine the rest and bring better returns.
Turnover is inevitable, at all levels and for different reasons from retirement, job changes, and termination. Organizations and boards need to be prepared to handle any turnover, especially at the senior level.
When an employee leaves your organization, it can be useful to hold an exit interview. Information gained from this process can help you fine tune elements of your organization.
A guide on how to present financials to the nonprofit Board of Directors. Includes a draft financial narrative, how to create a budget to actual report, and more.
The fundraising planning process begins with a broad road map for the year that lays out exactly where you must end up. Key points to consider are revenues generated from each fundraising activity; and how much time will be necessary to accomplish each objective.