4 Disciplines of Execution - Book reviewBill Kohnen
Purchasing Management Guru Bill Kohnen reviews popular management book and process The 4 Disciplines of Execution by McChesney, Covey and Huling with brief comments and suggestion to read.
Money Matters - Tips for a Healthy NonProfit OrganizationStern Cohen LLP
Industry experts from Stern Cohen Accountants address key financial issues for your not-for-profit organization or charity. Learn best practices for the effective financial management of your NPO. This presentation covers: tips for a healthy balance sheet, understanding key metrics in your financial statements, managing cash flow, budgeting and forecasting.
"4DX weekly meetings" The true 4DX implementationdalarcon503
4DX is an excellent methodology but the final execution that is within the 4th Discipline (Create Accountability), is where a company and a team can fail.
In this presentation I am sharing in a simple and easy way, how you can have your teams involved and commited to have the Weekly Meetings, that at the end will represent the final execution of your strategies.
Weekly Meetings are the key to have a good 4DX success.
As managers and directors here is where we can provide our support so teams can perform and get better results.
4 Disciplines of Execution - Book reviewBill Kohnen
Purchasing Management Guru Bill Kohnen reviews popular management book and process The 4 Disciplines of Execution by McChesney, Covey and Huling with brief comments and suggestion to read.
Money Matters - Tips for a Healthy NonProfit OrganizationStern Cohen LLP
Industry experts from Stern Cohen Accountants address key financial issues for your not-for-profit organization or charity. Learn best practices for the effective financial management of your NPO. This presentation covers: tips for a healthy balance sheet, understanding key metrics in your financial statements, managing cash flow, budgeting and forecasting.
"4DX weekly meetings" The true 4DX implementationdalarcon503
4DX is an excellent methodology but the final execution that is within the 4th Discipline (Create Accountability), is where a company and a team can fail.
In this presentation I am sharing in a simple and easy way, how you can have your teams involved and commited to have the Weekly Meetings, that at the end will represent the final execution of your strategies.
Weekly Meetings are the key to have a good 4DX success.
As managers and directors here is where we can provide our support so teams can perform and get better results.
What does Zero Based Budgeting mean for agencies?Ged Carroll
So your client has introduced Zero Based Budgeting what does that mean for your agency. More thinking on http://renaissancechambara.jp/2016/02/14/what-does-zero-based-budgeting-mean-for-agencies/
In an effort to minimize waste and more strategically spend every dollar, more and more companies are exploring Zero-Based Budgeting (ZBB). As opposed to incremental budgeting, where last year’s budget serves as the primary driver for budget allocations for the coming year, ZBB allocates funds based on the merits of each department’s policies, goals and spending justifications. However, transitioning to a ZBB process within
manufacturing can be challenging and labor-intensive for organizations and their teams.
Built on three core pillars of People, Process and Performance, Myrtle’s ZBB Excellence Approach is designed to enhance the effectiveness of the ZBB work process and achieve all of the advantages and insights of ZBB while minimizing workload, confusion and frustration. Myrtle’s ZBB Excellence Approach gives companies a standard but flexible methodology to optimize and monitor the critical corporate process of capital allocation to ensure operational success.
Zero-based Budgeting for You
Zero-based Budgeting concept is applicable in all industries and personal finance. It lets every business management to develop their budget, which includes all their operations and essential expenses to run the business. It is said to replace the traditional approach of budgeting. It enables the efficient allocation of resources based on the needs and benefits of the company by the managers.
Scope or: How to Manage Projects for Organization SuccessToby Elwin
Organizations rely on projects to remain competitive. Projects are the way organizations deliver and realize their executive strategies. The ability to deliver a project is the ability to compete. Scope kills projects and projects that are not delivered kill organizations.
This slideset outlines a package of materials developed by NHS England to support commissioners to develop strong, robust and ambitious five year plans to secure the continuity of sustainable high quality care for all.
Sustaining the vision: Leader successionLinda Howard
Planning for succession can be painful, exhausting, and typically involves change. Leadership change should not derail the vision or mission of the organization. In this Webinar, we explore ways to help you prepare for new leadership and navigate the changing landscape.
Objectives:
• Learn how to engage your board in succession planning
•Prepare leadership for exit transition/emergency backup plan
•Encourage leadership development
Presenting this set of slides with name - Change Management Fundamentals Powerpoint Presentation Slides. This PPT deck displays twenty three slides with in depth research. Our topic oriented Change Management Fundamentals Powerpoint Presentation Slides presentation deck is a helpful tool to plan, prepare, document and analyse the topic with a clear approach. We provide a ready to use deck with all sorts of relevant topics subtopics templates, charts and graphs, overviews, analysis templates. Outline all the important aspects without any hassle. It showcases of all kind of editable templates infographs for an inclusive and comprehensive Change Management Fundamentals Powerpoint Presentation Slides presentation. Professionals, managers, individual and team involved in any company organization from any field can use them as per requirement.
Designed for finance managers, CFOs, and accountants, this session will examine what key performance indicators nonprofits should look at to gauge their operational efficiency, stewardship of resources, and performance compared to peer organizations. The session will also include a discussion of the tools and data that are available to enhance this process and to improve accountability to donors and other stakeholders.
The most protracted, complex and pressing problems we have in the world today need innovative solutions, sustained over time. That does not match a donor template. Most organisations tackling these problems need a better business model.
What does Zero Based Budgeting mean for agencies?Ged Carroll
So your client has introduced Zero Based Budgeting what does that mean for your agency. More thinking on http://renaissancechambara.jp/2016/02/14/what-does-zero-based-budgeting-mean-for-agencies/
In an effort to minimize waste and more strategically spend every dollar, more and more companies are exploring Zero-Based Budgeting (ZBB). As opposed to incremental budgeting, where last year’s budget serves as the primary driver for budget allocations for the coming year, ZBB allocates funds based on the merits of each department’s policies, goals and spending justifications. However, transitioning to a ZBB process within
manufacturing can be challenging and labor-intensive for organizations and their teams.
Built on three core pillars of People, Process and Performance, Myrtle’s ZBB Excellence Approach is designed to enhance the effectiveness of the ZBB work process and achieve all of the advantages and insights of ZBB while minimizing workload, confusion and frustration. Myrtle’s ZBB Excellence Approach gives companies a standard but flexible methodology to optimize and monitor the critical corporate process of capital allocation to ensure operational success.
Zero-based Budgeting for You
Zero-based Budgeting concept is applicable in all industries and personal finance. It lets every business management to develop their budget, which includes all their operations and essential expenses to run the business. It is said to replace the traditional approach of budgeting. It enables the efficient allocation of resources based on the needs and benefits of the company by the managers.
Scope or: How to Manage Projects for Organization SuccessToby Elwin
Organizations rely on projects to remain competitive. Projects are the way organizations deliver and realize their executive strategies. The ability to deliver a project is the ability to compete. Scope kills projects and projects that are not delivered kill organizations.
This slideset outlines a package of materials developed by NHS England to support commissioners to develop strong, robust and ambitious five year plans to secure the continuity of sustainable high quality care for all.
Sustaining the vision: Leader successionLinda Howard
Planning for succession can be painful, exhausting, and typically involves change. Leadership change should not derail the vision or mission of the organization. In this Webinar, we explore ways to help you prepare for new leadership and navigate the changing landscape.
Objectives:
• Learn how to engage your board in succession planning
•Prepare leadership for exit transition/emergency backup plan
•Encourage leadership development
Presenting this set of slides with name - Change Management Fundamentals Powerpoint Presentation Slides. This PPT deck displays twenty three slides with in depth research. Our topic oriented Change Management Fundamentals Powerpoint Presentation Slides presentation deck is a helpful tool to plan, prepare, document and analyse the topic with a clear approach. We provide a ready to use deck with all sorts of relevant topics subtopics templates, charts and graphs, overviews, analysis templates. Outline all the important aspects without any hassle. It showcases of all kind of editable templates infographs for an inclusive and comprehensive Change Management Fundamentals Powerpoint Presentation Slides presentation. Professionals, managers, individual and team involved in any company organization from any field can use them as per requirement.
Designed for finance managers, CFOs, and accountants, this session will examine what key performance indicators nonprofits should look at to gauge their operational efficiency, stewardship of resources, and performance compared to peer organizations. The session will also include a discussion of the tools and data that are available to enhance this process and to improve accountability to donors and other stakeholders.
The most protracted, complex and pressing problems we have in the world today need innovative solutions, sustained over time. That does not match a donor template. Most organisations tackling these problems need a better business model.
Measuring the success of your incentive or reward program isn’t always easy. That’s why so many companies fail to do so consistently or frequently, if at all. Here are some incentives program ROI measurement strategies we recommend in order to avoid becoming one of those companies.
An online rewards program’s success doesn’t just have to be measured according to revenue growth. There are many factors that, while perhaps not contributing directly to your sales numbers, can have significant and often underestimated long-term benefits for your business.
How I Learned to Stop Worrying and Love the Grant ReportEllenDavis18
Presentation on grant reporting, first presented at the MINN International NGO 2019 Conference. Includes overview of how to make grant reports most relevant to fundraising, and strategies for improving grant reporting at nonprofits.
Slides for An Introduction to Results Reporting WebinarCharityNav
Charity Navigator has developed a new rating dimension - called Results Reporting - that specifically examines how well charities report on their results. In this webinar, we explain why Charity Navigator developed Results Reporting metrics, introduce the new methodology and explain our process for implementation.
5 indicators to understanding your organization's financial healthAplos Software
To make good decisions for a nonprofit or church, leaders and board members not only need accurate, up-to-date, and clear financial information, but also the ability to interpret and use this data to inform decision making. The first step is a solid understanding of baseline financial indicators and health. This webinar explores the fundamentals of nonprofit finance so that nonprofit leaders, managers, and board members feel better equipped to interpret financial statements and assess their organizations’ financial position.
Understanding the Challenges of Street ChildrenSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
This session provides a comprehensive overview of the latest updates to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly known as the Uniform Guidance) outlined in the 2 CFR 200.
With a focus on the 2024 revisions issued by the Office of Management and Budget (OMB), participants will gain insight into the key changes affecting federal grant recipients. The session will delve into critical regulatory updates, providing attendees with the knowledge and tools necessary to navigate and comply with the evolving landscape of federal grant management.
Learning Objectives:
- Understand the rationale behind the 2024 updates to the Uniform Guidance outlined in 2 CFR 200, and their implications for federal grant recipients.
- Identify the key changes and revisions introduced by the Office of Management and Budget (OMB) in the 2024 edition of 2 CFR 200.
- Gain proficiency in applying the updated regulations to ensure compliance with federal grant requirements and avoid potential audit findings.
- Develop strategies for effectively implementing the new guidelines within the grant management processes of their respective organizations, fostering efficiency and accountability in federal grant administration.
ZGB - The Role of Generative AI in Government transformation.pdfSaeed Al Dhaheri
This keynote was presented during the the 7th edition of the UAE Hackathon 2024. It highlights the role of AI and Generative AI in addressing government transformation to achieve zero government bureaucracy
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Donate to charity during this holiday seasonSERUDS INDIA
For people who have money and are philanthropic, there are infinite opportunities to gift a needy person or child a Merry Christmas. Even if you are living on a shoestring budget, you will be surprised at how much you can do.
Donate Us
https://serudsindia.org/how-to-donate-to-charity-during-this-holiday-season/
#charityforchildren, #donateforchildren, #donateclothesforchildren, #donatebooksforchildren, #donatetoysforchildren, #sponsorforchildren, #sponsorclothesforchildren, #sponsorbooksforchildren, #sponsortoysforchildren, #seruds, #kurnool
Presentation by Jared Jageler, David Adler, Noelia Duchovny, and Evan Herrnstadt, analysts in CBO’s Microeconomic Studies and Health Analysis Divisions, at the Association of Environmental and Resource Economists Summer Conference.
Monitoring Health for the SDGs - Global Health Statistics 2024 - WHOChristina Parmionova
The 2024 World Health Statistics edition reviews more than 50 health-related indicators from the Sustainable Development Goals and WHO’s Thirteenth General Programme of Work. It also highlights the findings from the Global health estimates 2021, notably the impact of the COVID-19 pandemic on life expectancy and healthy life expectancy.
2. 1. Understand why the organizations exists
• Revisit, reexamine, refine the mission
• List as succinctly as possible the societal problem your organization is trying to solve
• List all programs that deliver on mission
• Rate (from 1 to 10) each program on mission importance. In other words, which
programs are critical to the mission and which ones are marginally essential.
• Create graph showing five year user participation for each program
3. 2. Understand the financial reports (part I)
• Create Statement of Financial Activities
report that compares FY previous to FY
current with projected year-end
variance to budget
• Create Statement of Financial Activities
report that compares month-to-month
FY previous to FY current with monthly
projected budget variances
• Create Statement of Financial Activities
for each program - including
sponsorship, grant, and donor
contributions - that compares FY
previous to FY current
4. 2. Understand the financial reports (part II)
• Create Cash Flow report projecting cash flow
for each month of the FY
• How many days can the organization
operate if no additional revenue was
received before required to borrow?
(see Cash Ratio on next slide)
• Create Line of Credit report showing month-to-
month draw and month-to month debt
repayment
• Create an Investment report showing five
year annual gains
• Create graph showing five year comparison
of total organizational revenue vs expenses
5. Some Helpful Financial Ratios
Ratio Ratio Equation Ratio Target Your
Ratio
Debt Ratio Total Debt / Total Assets 1 or less
Greater than 1 is too
high
Shows proportion of debt to assets. Higher
values means greater liquidity problems
Quick Ratio Current Assets / Current Liabilities 1 to 1.9
Under 1 is too low
Over 2 is too high
Savings Ratio Revenue – Expense / Total Expense Ratios greater than 1
show increase in
savings
Measures increase or decrease in the ability of
the nonprofit to increase net assets
Cash Ratio Step 1: Annual Expense Budget / 365 = One Day Cash Usage
Step 2: Cash + Investments / One Day Cash Usage 180 days or higher
Less than 90 days is too
low
Measures the number of days nonprofit could
operate if no additional funding was received
Program Expense Ratio Program Expense / Total Expense 65% or higher
Under 65 is too low
Measures ability to meet short-term
obligations with liquid assets
Measures relationship of funds spent on
programs with all expenses
6. 3. Understand the organization’s business
model
• Use newly created Statements of
Financial Activities to rate (from 1 to
10) each program on revenue
generation
• Use newly created Statements of
Financial Activities to rate (from 1 to
10) each program on expense usage
• Use ratings for mission importance,
revenue generation, and expense
and rate in priority order the
programs that have highest mission
and revenue values (revenue must
be at break-even or profit
generating)
7. 4. Understand your user community
• Conduct brief user benefit audit to determine which services/products are delivering
value in the minds of the users
• Is your user community growing, shrinking, stable?
• Is your organization user friendly?
• What keeps your users engaged with your organization?
8. 5. MAKE TOUGH DECISIONS
• Deliver only those programs that are
highly mission related and produce
positive revenue
• Eliminate programs that are
marginally related to the mission,
especially if they break even or lose
revenue. (If a marginal program
breaks even it still uses resources that
could be allocated to highly related to
mission programs.)
• Reducing programs will reduce
expenses and, most likely staff.
(Employee compensation is the
biggest expense for any organization.)
9. 6. Understand the organization’s talent pool & skills
• If you must reduce staff do not automatically eliminate positions from discontinued
programs. A recent Gallup Poll shows that 70% of all workers are not actively engaged
with the mission of their employer. You want to make sure you keep the 30% who are
actively engaged.
• Do not fall into the trap of keeping mediocre but loyal employees over high-maintenance
high-performing employees. You need the high performers with the proper skill sets to
turn the organization around. Without them, the organization will contain to struggle
leaving all employees at risk of unemployment.
10. Communicate (broadly to all shareholders changes in programing as result of turn around):
• Role clarity – who is accountable for each program; who participates in decision-making
• Often – reassure, welcome & answer questions, build confidence in organization
• Honestly with transparency – build trust
• In positive light – things will get better; the organization will get stronger
• In many formats – emails, social media, newsletters, phone calls, meetings
11. Adapted from Book:
How to Build a Strategic Nonprofit: A Guide to Getting the Right Things Done
by Mark Mullen
ISBN - 10: 1501066889
ISBN – 13: 978-1501066887
http://www.amazon.com/dp/B00ND5XCVI
Kindle Edition