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How to Evaluate a New Revenue Stream

sgEngage

The ideas come pouring in from around the organization. Finance teams can help their nonprofit organizations evaluate new revenue streams, enhancing the organizations stability and mitigating risk while intentionally experimenting with varied income sources. Again, talk with your lawyer early to verify this is a good idea to try.

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Flat, Tall, or In Between—Is It Time to Evaluate Your Organizational Structure?

.orgSource

Depending on the circumstances, these levels either promote efficiency with short, clearly defined reporting lines or create a long, perilous climb before ideas reach decision-makers. You can take baby steps and evaluate which strategies are successful and which are not. All staff members are empowered to contribute ideas.

Structure 251
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Creating Your 2025 Roadmap to Excellence 

.orgSource

Steps to Assess Current Capabilities: Evaluate Digital Readiness: Review your digital tools, infrastructure, and staff skills to identify areas for improvement. Steps to Foster Continuous Improvement: Encourage Open Communication: Create an environment where feedback and new ideas are welcomed and valued.

Create 221
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Beyond the Rainbow—Build a Diverse Board of Independent Thinkers

.orgSource

They should be visionaries who chart the direction, evaluate options, and are prepared to challenge ideas they feel are not in the association’s best interests. It’s a good idea to include people who can introduce a different point of view. A board that is a rubber stamp drains the organization’s time and resources.

Build 322
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Give Joy!

.orgSource

When I Googled “How to create joy at work” these are a few of the best ideas I found. Survey the office and evaluate the comfort quotient. Kevin Hostutler, President, CEO, and Co-Founder of ACGI Software shared an idea with me that resonates on multiple levels. Why don’t we turn some of that awesomeness back on each other?

Giving 448
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Trustworthy leaders drive organizational success in the face of rapid change

Fast Company Tech

We also found that when employees trust one another, managers get better performance evaluations. Encourage an atmosphere in which employees can openly share ideas and support one another. Consider integrating trust metrics into performance evaluations to emphasize their importance. Promote collaboration.

Change 129
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Building Blocks of Excellence: Strategy, Culture, and Technology  

.orgSource

Measure Success with Clarity: Define key performance indicators (KPIs) to evaluate progress and adjust as needed. Create an Inclusive Environment: When team members feel valued and empowered, theyre more likely to contribute innovative ideas that drive success. Agility is the backbone of a future-ready strategy.

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