With funding continuing to decline for nonprofits, it’s time to rethink how to measure results.
How do we measure nonprofit organizational effectiveness?
I was delighted to have a conversation with Jeri Eckhart Queenan, Partner & Global Development Practice Head at the Bridgespan Group, about the challenges in financing development.
This was a great opportunity to discuss emerging trends in how organizations manage their programs to deliver the most effective results and maximize value for their stakeholders, especially the beneficiaries of their work.
“ There’s this idea that whoever spends the least amount of money is more effective. That’s not necessarily true. ”
In the nonprofit community, where the mantra has been “do more with less,” there’s this idea that whoever spends the least amount of money is somehow more effective.
That’s not necessarily true.
What about impact? What about innovation?
And what about investing in the organizational systems to sustain and scale activities for the long term?
Jeri and I discussed what would happen if we measured nonprofit organizations against for-profit organizations to establish benchmarks and ensure we are adding value in a cost-effective manner.
This article first appeared on Degrees and was republished with permission.
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