September 18th, 2024
Modernization Strategies for the Not-for-Profit Enterprise
Posted on September 27th, 2024 in Not-for-Profit
In this insightful article written by RSM Canada, the writers examine the current business environment of Not-for-Profit enterprises as it relates to talent, digital tool adoption, and operational efficiency.
Traditionally, Not-for-Profit entities have been perceived as unsophisticated offering lower wages in exchange for employees deriving value from meaningful work and societal impact. They are often not given the appropriate level of respect for the complexity of their operations. They are also subject to extensive scrutiny and regulations and do not lag in professionalism or complexity.
Fortunately, this perception is changing which now puts Not-for-Profit organizations in direct competition with For-profit organizations for top talent, modern business practices, and operational efficiency.
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