A Couple Quick Thoughts on Risk
I have a couple quick thoughts I’d like to share with you on risk.
It seems like the “downside” is the only side these days, and as a result many have opted for staying put and not making any commitments. The conventional wisdom is to lay low in uncertain times. I beg to differ.
It is true, these are uncertain times - no one really knows what to expect from the market. The future is cloudy at best. But standing still is NOT an option. The one way to guarantee you will lose ground is to stand still and do nothing.
Let me encourage you to keep moving, keep innovating, advancing, developing and especially serving. Don’t be immobilized by the dark clouds of the economy. People in the nonprofit sector are going to be profoundly impacted by the current economy, no doubt, but that’s no reason to throw up your hands and give up. In fact, I’m saying just the opposite. Move forward!
Donor revenue is declining, so contact your current donors NOW. Let them know what you are doing and going to do, and thank them for partnering with you int he good you are doing.
Foundations are looking for quality now. They cannot afford to have grantees that are irresponsible. Contact local foundations and present your case that you are reliable and responsible - now more than ever. Be aggressive.
Hire the Thomas Scott Company. This is more than simply a shameless self-promotion. You likely cannot afford the staff you currently have, but you need to advance. How? Hire an expert. You don’t have to pay benefits or workman’s comp to a consultant, and you won’t train them and then worry they are underachieving. When you hire us you get the competitive edge you need and a clear set of expectations to which you can hold us accountable. You need extra revenue, an aggressive board, and motivated staff - we can help NOW.
We’re pressing on. Join us!