The Nonprofit FAQ
Weathering Funding Reductions and Financial Uncertainty |
The full article is at http://www.iknow.org/pdf/Raffa_FnMgt_vol9i1.pdf The framework presented in the article includes: - Reconnecting the Team to the Vision - Open Communication and Protecting Trusted Relationships - Focusing on Your Core Mission and Strengths - Prioritizing Activities - Making Realistic Contingency Plans - Developing Resources Aggressively - Engaging Strategic Partnerships - Managing Cash Flow Key Conclusion: There are no golden answers to navigating uncertain times; only experience based strategies and tactics that are at the core of sound financial management during good times and are even more critical during these uncertain times. If you do not have Adobe Acrobat for reading PDF files, go to the Adobe site at http://www.adobe.com/products/acrobat/readstep2.html where you can download the PDF Reader for free. Created 1/24/03 M. Emery |