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Report: 80% of AI projects fail, doubling regular IT project failure rates

TechSpot

The RAND Corporation wanted to find out what was behind this high failure rate of 80%, so it interviewed 65 data scientists and engineers with at least five years of experience. Companies are investing billions of dollars into AI and machine learning, despite the slow returns and plenty of failures. Read Entire Article

Rate 138
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How a Targeted Second Ask Surpassed Its Goal With a Nearly 50% Response Rate

NonProfit PRO

The American Battlefield Trust was $27,000 short of projected revenue for its effort to save 128 acres of Civil War Battlefield in Perryville, Kentucky, in the fall of 2019. As this particular track of land would essentially complete the preservation of the Perryville site – the last piece of the puzzle – they had to figure out a way.

Kentucky 277
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How to Improve Donor Retention: 3 Surprising Strategies from Top-performing Nonprofits

Nonprofit Tech for Good

According to the Fundraising Effectiveness Project , nonprofits lose about half of their donors each yearoften because supporters dont feel genuinely valued or heard. You can significantly boost donor reactivation rates using personalized outreach. This guessing game is costly, as donor dissatisfaction quietly leads to disengagement.

Retention 245
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Creating Your 2025 Roadmap to Excellence 

.orgSource

Steps to Develop Key Initiatives: Focus on High-Impact Areas: Prioritize initiatives that align with your vision and offer the greatest potential for growth, such as digital transformation projects or targeted training programs. Define Accountability: Assign clear ownership for each initiative to maintain momentum and accountability.

Create 221
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Housing market sees biggest home-flipping pullback since 2007

Fast Company Tech

During the pandemic housing boom, home flipping surged as soaring home prices and ultralow-interest rates attracted more flippers, especially newcomers, to the market. However, as the market shifted due to the rate shock of 2022, home-flipping activity has seen the biggest pullback since 2007, and many of those newcomers pulled back.

Marketing 132
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Three Warning Signs Your Association Isn’t Keeping Up with Technology 

.orgSource

Signs to Look For : Low Open Rates and Event Participation : Are members opening fewer emails or attending fewer events than before? Decreasing Member Renewals : If youre seeing a drop in renewal rates, it may be a sign that members arent finding sufficient value in their experience with your association.

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End-of-Year Fundraising Problems (And How To Solve Them)

Bloomerang

Open your email platform and tell me what your open rate is. Q: What is a reasonable response rate? A : Response rates differ by channel, for example, direct mail vs. email. Generally speaking, a reasonable response rate for a direct mail appeal to a warm list could be 3-6%. They aren’t! Don’t believe me? The solution?

Problem 119