Today's B-school students and recent graduates are eager to connect with experienced business people and work collaboratively on the big social issues of the day, from poverty and health care to education and the environment. These collaborations can be extraordinarily powerful.
Artwork is work. Art does not come into existence in a single fell swoop of expressive resolution. Art is not a hobby to a professional artist. Art is labor. Choreographer, painter, composer: these are occupations.
Verismo 2.0 cleaves to a motto of feasibility. Opera with full orchestra is exciting for a singer and alluring for a producer. But small companies have been brought to ruin by the insistence upon this luxury.
When we think of successful business creation and development, we focus on the fundamental business model, value proposition, strategy, organization and alignment of resources, and focused and disciplined execution of that strategy.
Who is responsible to ensure that nonprofits operate most efficiently? While the great majority of people in the nonprofit world are good people, this doesn't necessarily mean that the financial system is functioning most effectively.
Our country faces existential challenges, like rising income inequality, poor educational outcomes and long-term health costs. By rethinking how governments fund the agencies doing vital work, we can finally put the welfare of our citizens first.
After two year's worth of chairing frequently combative committee hearings on for-profit higher education, Sen. Tom Harkin's four-part report should come as no surprise. But there is more bad news for the industry.
Let's unite the 10 million people who work in nonprofits and countless millions who volunteer to push for an recovery agenda that utilizes the full array of our country's economic resources. Together, we can help each other.
It's time for nonprofits to consider mergers to bolster services, consolidate costs and achieve better economies of scale. When we stand together, our votes are essential, our role in the economy unquestionable and our agenda unstoppable.
Many NFP leaders are also challenged to explain what makes their organizations different from others with similar visions and strategies. And if they don't know what makes their NFPs special, how are donors supposed to know?
In tough times, we need to find more creative ways to help. Many American businesses have agreed to partner with their employees to donate pro bono services, leveraging the extraordinary talents of their workforce to help support community needs.
Even though I haven't been a practicing artist for a long time, my pulse still quickens when I walk into an art supply store or get the Utrect catalog in the mail. Remember the excitement of getting that first box of 64 Crayola crayons?
In the U.S., over 1 million organizations qualified for 501(c)(3) status in 2009, yet charitable donations declined: $315.08 billion in 2008 vs. $303.75 billion in 2009. As competition for resources increases, it's difficult for nonprofits to grow or even exist.
There's a value shift in America right now. And it's one of the gifts of the Great Recession. We want to work with our values front and center. So what can start ups learn from the not-for-profit world?
When corporate executives become leaders of arts organizations, they must truly appreciate this difference in mission or they will come into severe conflict with their artists, staff and board members.
Governments and other major institutional funders across the globe are cutting arts funding as other social needs take precedence. This situation leads to a discussion of the responsibility large donors bear when they wish to cut their grants substantially.