why you should approach philanthropy like a business exec

JEFF GREENSTEIN PHILANTHROPY BUSINESS EXEC WHY YOU SHOULD APPROACH LIKE A

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JEFF GREENSTEIN

PHILANTHROPY

BUSINESS EXEC

WHY YOU SHOULD APPROACH

LIKE A

http://jeff-greenstein.com/

Many successful philanthropiesoperate very much like a businessenterprise with an organizational

structure, core values and mission, andshort-term and long-term goals.

Page 3: Why You Should Approach Philanthropy Like A Business Exec

Here are

key reasons why you should approachphilanthropy like a business executive

Page 4: Why You Should Approach Philanthropy Like A Business Exec

CREATE SCALABLE SYSTEMS

Page 5: Why You Should Approach Philanthropy Like A Business Exec

Retaining the option to expandis a common practice forbusiness executives.

Page 6: Why You Should Approach Philanthropy Like A Business Exec

Retaining the option to expandis a common practice forbusiness executives.

Starting small and testing differentinitiatives is prudent in the short-term

but there should be a constant focus onhow the operations can scale to achieve

greater impact once the model is proven.

Page 7: Why You Should Approach Philanthropy Like A Business Exec

WORK WITH THE RIGHT PEOPLE

Page 8: Why You Should Approach Philanthropy Like A Business Exec

The success of a business isdirectly linked to the quality

and talent of their team and theculture they operate within.

Attracthe r

Encoumentaand emsolid f

Page 9: Why You Should Approach Philanthropy Like A Business Exec

Attracting, engaging and retainingthe right people is critical in any

organization, business orphilanthropic.

Encouraging a collaborative teammentality between board memberand employees can help to create asolid foundation for the charitable

organization to grow.

ess isualityand the

within.

Page 10: Why You Should Approach Philanthropy Like A Business Exec

DEMAND ORGANIZATIONAL EFFICIENCY

Page 11: Why You Should Approach Philanthropy Like A Business Exec

Philanthropic organizations should be treatedlike a business in that the basics of efficientoperations are critical to long term stability

and future growth.

Page 12: Why You Should Approach Philanthropy Like A Business Exec

Consider how the organization is managing itsmoney so you aren’t donating to a cause that

may not end up using the money wisely.

Examine how much of the actual capital donatedultimately makes it to the underlying beneficiaries

Page 13: Why You Should Approach Philanthropy Like A Business Exec

FOCUS ON CREATING SOLUTIONS

Page 14: Why You Should Approach Philanthropy Like A Business Exec

Throwing money at aproblem is a short-term

solution

Page 15: Why You Should Approach Philanthropy Like A Business Exec

You’ll need anentrepreneurial spirit to

identify the root causes ofthe targeted problems thephilanthropy is addressing

in order to come up witheffective long-term

solutions.

Throwing money at aproblem is a short-term

solution

Page 16: Why You Should Approach Philanthropy Like A Business Exec

BUILD AND EXECUTE A PLAN05

Page 17: Why You Should Approach Philanthropy Like A Business Exec

Every successful businessexecutive appreciates the

value in developing a strategicand tactical plan and thenrelentlessly focusing on it.

Page 18: Why You Should Approach Philanthropy Like A Business Exec

Approaching philanthropy like a businessexecutive can help you make choices that

will have the most impact in thecommunity, and possibly beyond.

Page 19: Why You Should Approach Philanthropy Like A Business Exec

GREENSTEINFAMILYFOUNDATION.ORG

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http://greensteinfamilyfoundation.org/why-you-should-approach-philanthropy-like-a-business-exec/

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