Nonprofit organisations are in the cooperation business. Nothing we achieve is accomplished without cooperation in one form or another. From cooperation amongst members and stakeholders to form associations and charities, to cooperation in the selection of directors, to decision-making by those directors, and alignment of staff and volunteers with the vision and mission – all… Continue reading Prosocial Parallels – Cooperation and Kindness
Tag: social impact
Counting What Matters: using non-financial accounting
Einstein’s observation that “Not everything that can be counted counts, and not everything that counts can be counted” rings true for most nonprofit leaders. This is not to dismiss the importance of responsible financial management, but rather to acknowledge that there is more to governing a nonprofit than staying ‘in the black’. Key non-financial metrics… Continue reading Counting What Matters: using non-financial accounting
Measuring your social value (impact)
Traditional notions of value in the context of organisational governance have tended to focus on economic definitions and metrics. Value for money, profitability, cash flow, price/performance, and ‘value adding’ through risk reduction, automation, demand aggregation, logistic efficiency, etc. are just some of the forms of economic value used by managers and directors to assess the… Continue reading Measuring your social value (impact)