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2020/09/22

Money, Sticky Topic

 Money.  We can equate it to our own money.  But in non and not for profit organizations, it's not just our money... its everyone's money.  A board of directors in an organization gets to be prudent.  An organization is in constant evolution and that progresses every year that it operates.  It grows what I'd coin as an "internal operating environment" that get passed down from one era to the next.  It's an establishment.

 At the writing of this blog, it's been about 52 years since the anti-establishment.  As good as some think that was, it's had an negative effect on non and not for profits.  Sure they're buildings are all over the United States, but that doesn't show what's actually going on.

As a student in high school and college, I was a member of several organizations.  But their skills and prowess were probably depleted by the anti-establishment long before I came around?  I think that because of our youth that they were the hardest hit?  They weren't good.  And they're a poor example to use in comparison.

In non and not for profits, their boards deal in things like risks, liabilities, insurances and sometimes investments.  Even under the most tranquil environments, money issues can become sticky?  So when somebody wants to come in and do something revolutionary that could POSSIBLY have big gains, they sometimes don't have a contingency plan for what if their idea doesn't work.

For this, I have some suggestions.  1) take the collective treasury out of the equation and self fund experimental programming.  And 2) proceed slower, or smaller? Break your idea apart, experiment and produce a track record.  With events, I can tell you that when formulating a proper plan describing the who, what, when, where, why, how, cost, attire and who's affected, there's different individual elements that emerge.  And just because an event failed does not mean that every element did.  Therefore, we can perform an "after action review" and determine these.  And perhaps we'd find that one particular element was out of adjustment, which caused the event to fail?  As for everything else, perhaps they were spot on.

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