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Archive for the ‘Fund Raising’ Category

Innovation & Transformation by Asking the Right Questions

Friday, July 30th, 2010

My newest opportunity at New England Law | Boston (more widely known as the New England School of Law or NESL to the many denizens) is re-teaching a lesson I remember from Arthur Anderson about questions.  It’s best to ask the right questions than to pretend you have any of the answers.

Right now I am asking lots and lots of questions to figure how best to develop a successful alumni and development program at a school that has dabbled in both over its 100+ years but never embraced either as central to the mission or its future.  Much of what I’ve found is honest attempts at modest programming that resulted in equally modest results.

With a new Chairman, a great Dean and loads of unforeseen opportunity in a vulnerable economy, a shaky commercial real estate market and largely untapped alumni and friends, transformation for New England Law is a legitimate possibility.  The Chairman believes, and rightly so, that transformation is most possible if alumni step up and lead through giving, encouraging applicants who were accepted to pick New England Law, and by hiring or helping fellow alums to find jobs.

It’s quickly coming down to Money, 1Ls and Jobs.

To make significant gains in Money, 1Ls and Jobs for New England Law alumni, we need to innovate new ways of raising funds, getting applicants accepted here to matriculate and connecting alumni with appropriate jobs.  That innovation has to largely arise from how we engage our potentially most powerful constituents - the 10,000-plus lawyers who earned their degree at New England Law.

So how do we know what will lead to transformation in Money, 1Ls, and Jobs?  First, ask that question of any one of the alumni willing to answer. Figuring out who will answer and who is informed enough to answer is a piece of the puzzle, but the key is to ask and keep asking.  Answers will guide direction and engage volunteers.

Second is asking why we do the things we do on a daily basis.

When asking why, I’ve discovered that the answer is often, “That is what we’ve always done,” or “That is what I was taught to do.”  The reasons why are sometimes forgotten or not articulated.  With a clearer sense of strategic priorities, the answers to why help determine what we do with greater intensity and what to stop doing.

The last question that is critical to ask repeatedly is how. How do we help our colleagues and volunteers achieve their goals? How do we make systems serve our strategic interests? How should we deploy scarce time and financial resources to get momentum going?  This is where it is most critical to ask and keep asking the right questions.

Transformation through innovation is a greater possibility with every question that we ask.  I must remember to never stop asking or the innovation will end.

Revenue Diversification

Saturday, December 19th, 2009

The economic downturn that began officially in the Fall of 2007 is slowly coming out of its two-plus year grind in the US.  Among those I’ve had the honor to serve, there are winners and losers during this time. Some clients are stronger and in a better market position and some in weakened positions or gone altogether.

The winners are invariably those with the most diversified revenue streams and a strong commitment to keeping revenues in a balanced proportion.

The best example is Community Anti-Drug Coalitions of America or CADCA .  CADCA was a creation of the George HW Bush administration with funding from the Robert Wood Johnson Foundation and the James S. & John L. Knight Foundations and operated for several years almost exclusively on foundation grants of significant size.  CADCA has grown from a $1.5 million operation in the mid-1990s when I first began working with them to a $9 million national leader in substance abuse prevention and community problem solving.

Led by a team of very capable and experienced senior managers (also a deliberate choice of its Board and Chairman/CEO), CADCA  has seen its reliance on foundation funding drop from 90% of its revenues in 1997 to around 8%. Its unrestricted support is greater than its foundation supports and 80% of its funding comes from training fees, events, state contracts, federal contracts, corporate donations and membership dues.  International programming, new to CADCA at the beginning of the recession in late 2007 is now generating more than 10% of revenues.

Any one of these could diminish and the others are positioned to pick up the slack.  As CADCA re-invests revenues in continually improving its offerings to community leaders, states, federal agencies and supporters, its revenues grow as they sponsor or purchase services.

This financial strength was due to deliberate planning, consistent and focused leadership, experienced and patient senior staff and Board members.  Major General Arthur T. Dean earned much of the credit for his leadership as CEO and Chairman of the last ten years, but it was also the commitment and dedication of several senior managers building their individual units simultaneously that made CADCA’s market leadership possible.

Other organizations can do the same if they commit to an optimal revenue mix and stay true to achieving that mix.  Over-reliance on any one source of revenue in non-profits as in business can lead to very tough times when that one source weakens.

For help in thinking through a plan to achieve optimal revenue mix, please contact Bauler Consulting at 508-405-0308.

Fund Raising in This Recession

Saturday, October 31st, 2009

In talking with a number of top-flight fund raising pros in recent weeks, I’ve heard some strategic ways to adapt to these unprecedented times.

Awareness is high of the increased need of those most vulnerable among those who give and care. Demand for services to help those who’ve lost their jobs is a reality and a solid platform on which to appeal for support. For those in the human services business, making the case is the easy part.

Rational non-profit leaders understand that confidence and giving are down. For fund raisers it means setting and insisting on reasonable goals and sharpening the brand and promise of what a donation will deliver in these times. Platitudes about excellence and high quality are not meaningful right now. What the dollar will do in plain language is what is what is needed. Donors want to know that their gift will make a difference today for a person in need.

One other comment I have heard repeatedly is how the wealthy have suffered along with the middle class and the poor. People with means have watched money vanish, participated in laying off workers, closed businesses and worry along with the rest of us about the future. That uncertainty and worry is a good thing. It decreases arrogance and helps in any discussion of helping people through hard times. For fund raisers, it is important to acknowledge the need and uncertainty of these times and appeal to the sense that we are all in this together.

One last thing I am hearing is how “gala” event fund raising may be a poor tactic right now. The haves are not all that excited about celebrating their success in public and sponsors are looking at every expense through the lens of what is core to their business and what is not. Sponsoring tables or holes at a golf tournament are extras in these times but business owners feel bad about saying no. Events should be simple, not ostentatious and fun in a modest way. Events should bring constituents together in a thoughtful, cautious way.


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