Not-for-profits are on a mission to make the world a better place. But how can we measure their success? It's not as straightforward as measuring profit margins, but there are still key indicators of achievement that executives should pay attention to. The following...
Not-for-profit organisations (NFPs) and for-profit organisations have fundamentally different objectives. While for-profit organisations aim to generate revenue for their shareholders, NFPs are mission-driven and focused on creating social change. However, despite...
This theme is common among all Non for Profit (NFP) organisations. They object very vividly by claiming: But our business is different! NFPs perceive their organisation to be unique and different. They often struggle with the idea of adapting to the standard...
Back home in India, after year-10, we get to choose subjects for higher studies. There were four main streams (Medical, Non-Medical, Commerce and Arts). We had a very straightforward and silly process. The bright students (who can easily memorise word by word)...
There is a massive opportunity in front of us! Software and technology solutions are standing right in front of our doorstep. They are knocking on our door and screaming that they have value to add! For one reason or another, the Non for Profit (NFP) sector has been...