Leadership Matters

Surviving and Thriving Amidst Economic Turbulence

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Synopsis

The recession has created difficult economic times, and nonprofits face unprecedented challenges. Economists and experts in the field predict that as many as 20 percent of nonprofit organizations may not survive. There are countless nonprofits that have not been able to meet these challenges and remain viable. However, there are many other nonprofits that have survived and even found innovative and practical ways to strengthen and enhance the services they provide to their constituents. On today’s show, we’ll discuss some of the strategies nonprofits have employed and can employ to stay the course through these turbulent economic times. Each organization will have to examine the strategy to determine if it is viable for their needs.