Monday, December 08, 2014

Can Nonprofit Boards Afford to Underinvest in Management Leadership Development? | Eugene Fram

Can Nonprofit Boards Afford to Underinvest in Management Leadership Development? | Eugene Fram: "McKinsey & Company has just issued the results of a substantial study: To better understand the state of (nonprofit) leadership in the US social sector... The findings suggest that chronic underinvestment in (management) leadership development...(may risk) the sector's capabilities to fulfill emerging missions effectively and to adapt to fast-changing demands.
(http://www.mckinsey.com/insights/social_sector/what_social_sector_leaders_need_to_succeed)http://www.mckinsey.com/insights/social_sector/what_social_sector_leaders_need_to_succeed
Results from the study show that nonprofit managers need to improve their own and their peers' strengths in "(1) ability to innovate, (2) ability to surround selves with talented teams, (3) collaboration, (4) ability to manage outcomes." For themselves, they want ability to participate in cross-sector networks, time to experiment or take a sabbatical."



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