Wise Decision-making in Uncertain Times

Download or read book Wise Decision-making in Uncertain Times written by Dennis R. Young and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demands on nonprofit services have escalated within the context of economic downturns and reduced government funding. In this new environment, nonprofit managers must develop strategies to steer their organizations through profound transformations in programs, operations, fund development, and financing. Moving beyond the core principles set out in Effective Economic Decision-Making-pricing, compensation, investment, outsourcing, economic choices, strategies, and policies-this new guide helps nonprofits survive and thrive amid today's complex economic forces. A team of experts evaluates entrepreneurial approaches, market engagement and competition, managing for performance and integrity, understanding and managing risk, managing fiscal stress, investment strategies, institutional collaboration and transformation, mobilizing for public sector support, and holistic grantmaking. This book highlights the critical challenges of fiscal sustainability for nonprofits, and encourages organizations to take a more expansive approach to financing ... and to achieving their missions.