The Organizational Development Muse

Gum Ball Financial Management (Part 1)

Posted by Mark L. Vincent

Gum Ball Financial Management

(Part 1)

Guest Blogger: Darryl J. Brown

Many not-for-profits deal with finances like a little kid at the gum ball and candy machine wall in a large store. Their eyes get big when they see all the variety of candies, prizes and trinkets that a quarter or 50 cents will buy. But because they don’t have any money of their own, they begin to look around for someone who can fund their immediate little heart’s desires. When offered a choice of a $5 bill or two quarters they happily snatch up the coins and run away.

Sadly, the parallels of this little story plays out time and again with well intentioned organizations. The not-for-profit has a great mission statement, they are concentrating single-mindedly on why they exist and are accomplishing much. Their cause is appreciated and championed by many. And so, they are concentrating on their own specific purpose, what makes them tick. Unfortunately they don’t take the time to ask the hard questions that will help them to realize exponential growth.

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Topics: process consulting, Design Group International, financial management, nonprofit management, non-profit management, darryl brown, fiscal responsibility

Confusion #4 infecting executives of nonprofit organizations

Posted by Mark L. Vincent

Confusing reduced expense with an improved cash flow

Financial Confusion #4 of 4 confusions nonprofit leaders face

 

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Topics: organizational development, organizational design, Design Group International, process consulting, Mark L. Vincent, financial management, financial confusion, nonprofit financial management, financial confusion of nonprofit leaders, financial management confusion, cash flow statements, nonprofit financial confusion

Confusion #1 infecting executives of nonprofit organizations

Posted by Mark L. Vincent

Confusing Expense with Income

Financial Confusion #1 of 4 confusions nonprofit leaders face

 

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Topics: organizational development, organizational design, Design Group International, Mark L. Vincent, financial management, nonprofit leadership, nonprofit management, nonprofit financial management, confusions nonprofit leaders face, financial confusion of nonprofit leaders, confusing income with expense, confusing income with the budget, financial management confusion, nonprofit financial management confusion

Stewardship Based Leadership

Posted by Mark L. Vincent

Design Group International Senior Design Partners and Senior Consultants are committed to lifelong learning. To that end, I'm currently enrolled in a financial management course offered by Christian Leadership Alliance. At the end of each two week session I have to post a reflection. This past session had me thinking about the intersection of raising money and managing the money in nonprofit organizations.

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Topics: organizational development, organizational design, emell vee, steward leader, fund raising, process consulting, Design Group International, Mark L. Vincent, Whorled Viewz, steward leaders, stewardship based leadership, financial management, nonprofit organizational management, nonprofit organizational leadership, ministry financial management