"Every dollar spent every hour devoted needs to be in pursuit of the mission," Eric Reicin, CEO of the BBB National Programs, writes on Forbes.
"If that happens, successful operations can be impossible."
That's why, when it comes to improving your nonprofit's operations, Reicin and 15 other members of the Forbes Nonprofit Council offer up their top tips: "Keep an Open Mind": "The best way to always keep pace with an ever-changing landscape is to keep an open mind," writes Christopher Dipnarine of 4MyCiTy Inc.
"Be adventurous with your thinking and ensure your team is always open to new ideas and annual strategic goals": "We often look to best practices from leading for-profits while also ensuring they are appropriate in a nonprofit context.
This is an organization-wide effort with each team member engaging in operational enhancements in furtherance of our mission."
"Regularly appoint and establish annual strategic goals": "This can help build trust and support from internal and external stakeholders."
"Get Clear On The Organization's Mission": "Every dollar spent every hour devoted needs to be in pursuit of the mission.
Make sure that all are clear on the mission, goals, and metrics of the organization."
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Social enterprise leaders throughout Europe are urging local authorities to use their powers to help the third sector grow. During a two-day European Commission event in Strasbourg, councils in member states are called upon to use a variety of methods to support the sector.