eamsearing
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Hello fellow Elizabeth and all,
Though I actually had a tough time getting through Antifragility (it read like a social entrepreneurship book: here is an old topic, only with these shiny parts emphasized, which means it is a new topic), I think the trick is how to get the resources to fund these things, which means convincing funders (donors, foundations, government, etc.) of the inherent value of this beyond what has been shown. Otherwise, we’re going to keep spending our earned revenue on offsetting the programs not fully funded by donors and government contracts, leaving nothing for things necessary for flexibility like financial slack and professional development.
How do we move beyond the victories from combating the overhead myth and into funding professional development, or is it always going to be something we have to scrape together funding for from our unrestricted resources? (Disclaimer: Dennis Young and I have a book coming out on resilience that talks about the importance of slack, whether financial, HR, or otherwise. But it being Dennis and I, we do talk a lot about $.)
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I think this will depend on two things: the look-and-feel of your dashboard and how much action those restricted funds see. If it’s an endowment or quasi-endowment that pretty much just sits there, than you can probably find a way to display it as separate row, a kind of mini-report all it’s own at the bottom of the dashboard. But if you have multiple funds with what we used to call temporary restrictions that are in active use, a column still might be easier. And never underestimate the power of a sentence or footnote to clarify the difference for those who may be intimidated!
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I do have objections to “normal” as something that we should return to (or whether it existed in the first place), but I don’t necessarily think that means resilience isn’t useful. I personally think of “resilience” in the biological way: continued existence plus the ability to continue on with your purpose. It may not be in the exact same way, but I think it can continue to serve as a guiding principle. And yes, things are definitely dependent on the situation and location!