March 30, 2020

Stop Taking Tiny Steps When Large Ones Are Needed

In a book about companies that survive for hundreds of years,  The Living Company, author Aries de Geus recognized that enduring companies “reacted early rather than later, by foresight rather than catch-up.”
Here’s an example to consider:
Instead of laying staff off during the Great Recession, Steven Koch made two salary cuts at Big Brothers Big Sisters of Tampa Bay. He made one 5 percent cut at the end of the first quarter when their income fell below expectations. Less than a year later, he enacted the second cut of 9 percent. “I wish I had done it sooner and at a higher percentage.”
Despite this hindsight, Koch emerged from the recession with his staff intact. Many nonprofits did not.
Be bold. Take giant steps.
Additional resources:
Would you like to know more about taking bold steps now, please don’t hesitate to reach out to me. I’d love to help you and you’re nonprofit, take the giant steps you need to succeed now.
Karen Eber Davis

Karen Eber Davis provides customized advising and coaching around nonprofit strategy and board development. People leaders hire her to bring clarity to sticky situations, break through barriers that seem insurmountable, and align people for better futures. She is the author of 7 Nonprofit Income Streams and Let's Raise Nonprofit Millions Together.


If you appreciate these Added Value posts, please consider subscribing.

By submitting this form, you are consenting to receive marketing emails from: Karen Eber Davis Consulting. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Latest Posts