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Tips > Published on 2009/12/6 11:00:00

Outrun the Recession: The 7 Healthy Habits of Nonprofits Most Likely to Survive the Economic Downturn

In the First Person section of the Winter 2010 issue of the Stanford Social Innovations Review, Alan Tuck, Don Howard, and William Foster from the Bridgespan Group start by saying that "Recessions are not sprints; they are endurance events."

Since 2008, they've been regularly surveying a group of ~100 nonprofit leaders, and this article offers a summary of the 7 healthy habits of those that are most likely to endure. These nonprofits:

  1. Act quickly, yet thoughtfully.
  2. Protect the core.
  3. Fortify the best people.
  4. Draw funders in.
  5. Shape up.
  6. Bring in the Board.
  7. Communicate openly and often.

 Read the full text of the article here.

Published on 2010/7/10 7:54:57
See other tips in Leading In Times of Crisis
 
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