In a recent Washington Post article (February 2), the market for fast casual food has grown by 550% since 1999! Millennials, the age group of 18-34, are also making up the biggest demographic of the “fan” base of this model because they are finding themselves more strapped for time and money but want quality food with quality service.
Nonprofit organizations are only as valuable as the value they provide to their members (customers), period. The rise of technology and the shift in generations has made it difficult to sustain a traditional nonprofit model.
Why is it that year-over-year the priorities of a nonprofit organization change and major planning takes place yet sometimes committees and their composition remain relatively unchanged? It would be the same as leaving the budget unchanged year-over-year regardless of the changes in the organization.
Everyday there are many nonprofits in the world moving through the beginnings of a strategic plan. In every one of these sessions, nonprofit boards are creating the roadmap for their organizations, which is exciting.
The nonprofit world is seeing a downturn in volunteerism, a squeeze on its revenue streams and rising competition. How can you be the “up periscope” for your organization to see what is ahead and to make important course changes to maintain your organization’s relevance?