Most funders fail at this. Are you one of them? About a year ago I decided to publish another book. I went so far as to write “publish book by year’s end” on a yellow post-it and stuck it next to my computer so that I’d see it every day. And then I let a bunch of other stuff get in the way. Client deadlines, speaking engagements, scheduling camp for my kids. I hadn’t made the book a priority, so nothing happened. A year later I changed. I made the book one of my top three priorities. Then I made a list of the most important things I needed to do to publish it. I blocked out time in my … Continue reading 10 Steps to Rapid Strategy Implementation
Strategy most often fails in implementation. With all the effort that went into developing your new strategy and writing your strategic plan, the hardest part is making the darn think work! Many donors, foundations and corporate giving programs create strategic plans to clarify their philanthropic goals and guide funding decisions. Too often, however, their new strategy doesn’t even get off the ground. Here are five reasons for this: 1. You are exhausted. If you are like most foundations and philanthropists, you have spent WAY too long developing your strategy. Endless meetings, environmental scans, self-assessments, board assessments, finding and engaging a small army of content experts, writing and re-writing the perfect strategic plan document (complete with beautiful graphics and theories of change). … Continue reading Your Strategic Plan is About to Fail
Stop endless planning and catapult yourself to your desired future. The term “strategic planning” is an oxymoron. Formulating your strategy equates to determining your desired future state—for example, what change you want see in your community, what organization you want to become, what type of person you want to be. Implementing your strategy means moving from your current state to your desired future state as quickly as possible. Planning, however, is incremental. We ask ourselves what we can accomplish a year or two from now, given current resources and priorities. And then we let all kinds of things get in the way. “Well, we have that conference to organize and that will take a few months, then we need a few months to plan for … Continue reading You Need A Strategic Catapult (And I’ll Tell You Why)
Below are my 10 most read, shared, and commented upon articles from 2018 on Forbes.com and in my Confident Giving newsletter in 2018. Many of them were also re-posted in the newsletters and blogs of leading organizations in philanthropy, including Alliance Magazine, Giving Compass, Exponent Philanthropy, National Center for Family Philanthropy, PEAK Grantmaking and others. My readers often tell me they appreciate that my articles are provocative AND practical, and help them with the exact issues they are working on in their philanthropic giving. I hope they help you transform your giving and catapult your impact in 2019. The Delusional Philanthropist All too often philanthropists delude themselves about their own effectiveness because they don’t see the myriad ways they are … Continue reading Ten Most Read Articles of 2018
Here are 5 steps you can take to rekindle your love of philanthropy. Renew the spark that set you on this path. When you first entered the world of philanthropy, did you begin each new day with a sense of excitement? Were you driven by all the possibilities to effect change that you saw on the horizon? When a new project crossed your desk, did the challenge fill you with joy? Fast-forward to now. Do you wake up excited for your day’s work — or unenthusiastic? Are you driven by possibility — or compelled by deadlines and tired bureaucracy? As challenges arise, do you still feel joy — or only dread? As philanthropists, nearly all of us have experienced the … Continue reading Bringing The Joy Back To Your Philanthropy
Determine which approach to grantmaking works best for your foundation In philanthropy, there is much written about responsive and strategic approaches to philanthropy. Which approach is the most appropriate? Meaningful? Effective? Grantmakers have many roles to play in a community, and how they define those roles can vary greatly, so it’s important for foundations to understand both strategic and responsive options to determine which approach may be preferable. Responsive grantmaking is being open to receiving proposals and ideas from any nonprofit and allowing the nonprofits to drive the agenda. Requests are initiated by the nonprofit, rather than by a funder seeking them out. This doesn’t mean that a foundation doesn’t have core areas of focus, but it does mean that within … Continue reading Responsive vs. Strategic Grantmaking: Which One is Right for You?
Test your readiness with the following checklist. Incorporating a strategic approach to grantmaking isn’t something foundations can or should do overnight. Developing a strategy involves learning, planning, testing and cultivating support within the community. When, how, and how much to invest in a strategic approach are decisions that foundation leadership must weigh carefully. Moving into strategic philanthropy can be intimidating. There are many steps to take, questions to ask, and options to consider. But don’t let the challenge lead to paralysis. If you’re thinking of developing a strategic grantmaking approach, use the following checklist to test your readiness. Do any of these statements reflect your current situation? You are frustrated by a lack of understanding of your foundation’s impact. You … Continue reading Are You Ready to be Strategic?
Prepare for a year of greater philanthropic impact! As philanthropic organizations, we’re hopefully starting a new year with a renewed commitment to do good for others. It’s at the root of every philanthropic mission, after all. And, as philanthropies, we all try to make decisions that are in service to our missions, represent good stewardship, and result in the greatest impact. But sometimes, in making those very decisions, we unintentionally do more to damage our impact than to further it. I call this Delusional Altruism®, and I’ve seen it manifest itself in many ways. For example: When funders penny pinch on their own infrastructure or professional development in the name of getting more money out the door to grantees, … Continue reading Three Ways to Keep Delusional Altruism from Undermining Your Philanthropy in 2018
Philanthropy is supposed to feel great. But what if it doesn’t? As the holiday season approaches, many of us are reminded frequently that this is supposed to be a time of joy. Sometimes it’s easy to be thankful and happy about theblessings in our lives — especially if we work in philanthropy! But sometimes the joy gets squeezed right out of us with deadlines, overflowing inboxes, people we don’t like to spend time with (whether they are grantees, co-workers or foundation trustees), frantic year-end meetings that never result in action and much more. When we lose the joy that should come with giving, it shows. We have less energy and enthusiasm to share with our team. Our creativity suffers, as do our relationships with grantees and partners. I believe … Continue reading Where’s The Joy?
Unexpected events are a part of philanthropy, in much the same way surprise snows can be a part of spring. Depending on where you are and what you’re doing (and whether or not school is cancelled), that snow can be a blessing or a curse. For funders, unexpected events run the gamut from creating inconvenience to rocking entire worlds. Key staff may leave your team at a critical time. External forces (such as presidential elections, say) can make dramatic shifts in the environment in which your focus your giving. Or, as was the case with one foundation I’ve worked with, government leaders who were valuable partners for your initiative may end up in jail for corruption (completely unrelated to your … Continue reading 5 Ways to Prepare for the Unexpected