Should Nonprofits Operate Like For-Profits?

Should Nonprofits Operate Like For-Profits?

Before Covid, non profits stuck to the same old routine because it worked for them, But a big reason why non profits don't go anywhere is because they aren't updating their routine to match what is going on in the climate of the non profit. There is minimal communication between managers and the staff and that is why nothing is getting accomplished within them. If they operated more like a for profit business, they would have a lot more success.

Key Takeaways:

  • In the pre covid world a lot of non profits were sticking to their old plans because they always worked.
  • Non profits tend to fail when there is poor management and lack of communication.
  • Non profits would perform a lot better if they operated more like a for profit company does.

“The arrival of the coronavirus has forced nonprofits to wake up and reevaluate processes, strategies, goals and operations.”

Read more: https://www.nonprofitpro.com/post/should-nonprofits-operate-like-for-profits/

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2020-12-11T13:00:43-04:00December 11th, 2020|Summaries|

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