Innovative ways nonprofits can increase their reach and social impact (more)
Since 1970, more than 200,000 nonprofits have opened in the U.S., but only 144 have reached $50 million in annual revenue. They got big by doing two things: They raised the bulk of their money from a single type of funder. And just as importantly, these nonprofits created professional organizations that were tailored to the needs of their primary funding sources.
The nonprofit world can be a surprisingly competitive place with players keenly striving to distinguish themselves and win scarce dollars. Being an effective competitor as well as a good collaborator can help drive a nonprofit's social mission and improve long-term success. In this audio lecture, consultant David La Piana shares his own experiences with a 2007 Nonprofit Boot Camp audience and gives advice on the continuous strategic planning needed for an organization to build its competitive advantage without compromising core values.
