Strategic resource management for civil society organizations
Civil society organizations know the need for resources to conduct our activities. But do we know what they are and how we can use them? In this article we will talk about strategic resource management. Keep reading and find out the relevance of an institutional budget to represent the organization’s strategic priorities instead of the […]
A strategic budget is crucial to the goals of civil society organizations
When we discuss civil society organizations’ (CSOs) missions, we rarely consider the financial resources needed to achieve them. Therefore, CSOs need a strategic budget to fully accomplish their Theory of Change and cover their operating expenses. What is a strategic budget? The strategic budget clearly reflects the organization’s financial needs and provides a compass that […]
10 financial health risks for civil society organizations
Financial health for civil society organizations (CSOs) is often an easily overlooked topic because organizations usually focus on setting and meeting their goals. However, long-term success and stable growth are more associated with adequately managing economic resources. Below you will find a discussion about ten financial health risks faced by CSOs. 1. One person in […]