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, nonprofit leadership, fiscal responsibility, financial management, Nonprofit Organization, Design Group International

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

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

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