The Changing Nonprofit Sector Amy Rome Founder & Principal The Rome Group The Changing Nonprofit Sector The Changing Nonprofit Sector Nonprofit Sector Leadership “640,00 new nonprofit leaders needed by 2016.” -- Bridgespan Group, 2006 Nonprofit Sector Employment • 24% of jobs filled from within nonprofit • 41% of jobs filled from within sector • 21% of jobs filled from former forprofit employees Nonprofit Leader Development Are executive and leadership professionals properly prepared for management positions? No 54% Yes 46% Are entry-level to directorlevel professionals properly prepared for management positions? Yes 30% No 70% Nonprofit Leadership Nonprofit Leadership Barriers Don’t want fundraising responsibilities Would sacrifice work-life balance Not ideal way to have impact Can’t have family life I want Skills/interests better suited to program 0% 10% 20% 30% 40% 50% Work Smarter, Not Harder • Streamline operations and look for efficiencies • Allocate more time to developing major gifts • Collaborate and work together -- Harvard Business School and McKinsey & Co., 2008 The Changing Nonprofit Sector $532 Billion Wealth Transfer in St. Louis Changes in Government Funding • 38% saw drops in government support in 2011 • 67% expect continued cuts in 20122014 • 91 percent say federal cuts will cause significant problems for them in the future The Bridgespan Group survey, January 2012 Innovative Resource Strategies • Social Entrepreneurism • Social Impact Bonds • Social Impact Businesses A New Game Plan for Nonprofits Advocating For Your Cause Collaboration is Everything Skills and Values for Success • Ethics and Values • Diversity Awareness • Board and Committee Development Skills and Values for Success • Nonprofit Accounting & Financial Management • Nonprofit Management • Community Outreach/Marketing and Public Relations • Risk Management and Legal Issues • Fundraising Principles and Practices • Program Planning • Implementation and Evaluation • Volunteer Management Ethics and Values Diversity Fundraising Public Awareness Embrace Technology Know Your Numbers Team Leadership The Changing Nonprofit Sector The Rome Group www.theromegroup.com