Achieving Breakthrough Performance
The Stanford Social Innovation
Review just published a study on the keys to managing breakthrough performance
for a nonprofit. It was done by several Bain consultants and the CEO of
Critttenton Women's 1)
Costs of Serving Should Always
Decline
2)
Market Position Determines Your
Options
3)
Clients and Funding Pools Don't
Stand Still
4)
Simplicity Gets
Results
These are the four principles we use
to run the Taproot Foundation, but they are almost exactly aligned with the four
new Service Grants we are launching this year in our new Strategic Management
practice. We designed these four Service Grants based on a year of
comprehensive research on nonprofit needs and the effectiveness of pro bono
service to meet those needs. The four new Service Grants
are:
1)
Financial Analysis - Helps a
nonprofit understand the true cost of their
programs
2)
Competitive/Collaborative Analysis -
Helps define the organization's role in their
marketplace
3)
Strategic Planning Prep - Helps a
nonprofit understand the changes in their community, especially changes to
clients and funding environments
4)
Strategic Scorecard - Defines the
simple core metrics for a nonprofit to use to measure
performance
You can see how well they are
aligned. SSIR's research underscores the potential for pro bono consulting
resources to make a huge impact in supporting and building breakthrough
nonprofits. Here is the full article:
http://www.ssireview.org/articles/entry/achieving_breakthrough_performance/
Leave a comment