Increasing operational efficiency
|Just something else I came across cleaning up my desk - consulting giant Accenture released a report the other day on non-profit management. The study, Executive Issues in NonProfits, found that while most non-profit executives identify increasing revenue as their greatest challenge, they fail to realize the importance of increasing operational efficiency - that is, in stretching the value of their revenue.|
The studies recommends :
...improving internal efficiencies, investing in better technologies, implementing relevant metrics, and cultivating a broader and more engaged volunteeer network.Yet they found these improvements were relatively far down on the non-profit executives top-ten issues lists, when compared to simply increasing the number of donors and getting larger gifts from existing donors.
The study specifically recommends the following actions -
Tags: nptech, management