Not Just Surviving but Thriving in a Tough Economy
Strategies for leading in an ever-changing world. Welcome to 2024! In part V, the last of this series, there is much concern about inflation and interest rates in the non-profit world, so it’s no surprise that the current financial environment made the list of top 5 challenges organizations will face in 2024. In addition to operating in a post-COVID environment, managing staffing issues, navigating board engagement, and fostering collaboration, the rise in the cost of money, goods and services is top-of-mind. If your organization is feeling the financial impact of inflation, here are a few steps you can take to help minimize its effects - not just survive, but thrive in this new year: Get an independent Financial Analysis - Consider contracting with a professional to complete an independent analysis…
