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Showing posts with the label nonprofit trends

Forward Guidance for Nonprofits: Where is it Taking You?

THE TERM 'FORWARD GUIDANCE' IS USED BY central banks to influence market expectations about the future levels of interest rates.  Banks do this by forecasting where markets will go and communicating their forecasts to businesses, governments, and the public.  I can see I've really grabbed your attention now.  But wait -- I'm going somewhere with this concept that has related, but not necessarily financial, applicability to the nonprofit sector. I'm intrigued by the phrase, which I admit I hadn't heard until recently.  I'm also intrigued with the idea of 'forward guidance' -- of articulating how something will turn out or could turn out based upon agreed-upon indicators, is (or should be) one critical component of planning for a sector as much as for individual organizational planning.  As the chart above from the banking industry illustrates, forward guidance is a combination of calendar-based indicators and trends and outcome-based indicators...

Nonprofit Trends: Lost in Translation?

STARTING TODAY I'M SPENDING A BIG CHUNK OF TIME shifting the furnishings around in the nonprofit office where I work part-time.  My organization will soon be sharing space with another nonprofit in order to save a bit on rent.  The last time I had to share an office with others was almost 20 years ago and that was with a co-worker.  So, as much as I want to help the bottom line of my association, I'm a little worried about the personal workstyle adjustment I'm facing. I wasn't surprised, then, when I learned from a group of rural nonprofit leaders earlier this month that workplace sharing and consolidation are trends they're seeing on the horizon.  But, interestingly, no one knew of an organization that was actually doing it.  So far, it's just talk.  Almost in the same breath the group agreed that another trend is the demise of some nonprofits -- indeed, about three cultural organizations in their area were down for the count -- an arts council, an perform...