Reply To: Nonprofit Reserves: The Real Deal – Questions for Panelists

#681
Ruth McCambridge
Participant
    @ram

    On behalf of Jeanne Larson, one of the panelists at our webinar today

    In our experience, investing in the staff is always the better path. There are limits to how much the Board and ED can retool the organization. It is the staff doing the work who can make the necessary improvements to build sustainability. By investing in competitive wages, bonuses, health benefits and more—we reduce turnover, reduce stress on families and build trust among those who are implementing our mission. And, we share the data so they are well versed in the challenges and impact of their efforts. When they feel valued and have a solid team, their ability to creatively find solutions, risk trying something new and their willingness to ‘go the extra mile’ during this time of ‘quiet quitting’—pays off in more mission impact and bottom line financial gain. Our team has true ‘ownership’ that will pay off better (and longer) than any operating reserve. Just my two cents.

    Jeanne

    We Want to Hear from You!

    The current version of the Commons is in beta testing mode meaning we are constantly looking for feedback to improve the experience.  Have some thoughts?  Want to see different content?  Have a question about how this all works?  Let us know!

    Contact us!