Wednesday, December 15, 2010

Seth Godin on Why It's Bad to Run Your Nonprofit Like a Business

Watch this.  It will only take 4 minutes out of your day.
  • Are you in business to feed an institution or solve a real problem?
  • Do you have opportunities to innovate and thus, sometimes fail miserably at work?
  • Are you ready and willing to go out of business once your issue is solved?
  • Do you often collaborate with other nonprofits because doing so is the best way to achieve a shared vision?
Interesting food for thought.



Mazarine said...

I loved this post. And I think that Seth Godin's point is valid, that we need to help nonprofits fail better, and fail faster, and give the employee of the month spot to someone who had the courage to fail.

I think that a LOT of industries do not value the person who takes a risk and fails. In fact, I think that emulating a LEAN company like Toyota, which PRIZES failure, would be much much better than just telling nonprofits not to act like corporations. I don't know a single nonprofit that prizes failure. Do you?


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Anonymous said...

I do not agree with Seth's point of view. I have worked in non profit finance for over 20 years and the main problem is the lack of business managment and planning amongst its leadership. You should be running your non-profit like a business as you have a greater responsibility when you have tax payers dollars and goverment funds to account for. Waste is rampid and needs to be better accounted for and managed. A company like Toyota is ran on private funds and are only accountable to the share holders, not the tax payers.

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