Archive for March 2013
SOBCon: The Argument for Non-Profits
Non-profits, by their very nature, combine the best of small and medium-sized
business thinking and entrepreneurship. Working within limited means, creatively
utilizing resources…there is much they could learn from their private sector cousins.
Which is why I’m strongly recommending anyone in the non-profit arena attend
SOBCon 2013. (Well, that and my friend and colleague Liz Strauss asked me very politely)
An excellent learning forum for small businesses, startups, and entrepreneurs, SOBCon does feature some non-profit specific content, most notably “Give Back Sunday.” However, the conference focuses on how to be a “person-centered” business. Mastermind sessions, networking opportunities with other businesses….non-profits would benefit from the opportunities to drive their mission, integrating both the hard “business” skills with softer, more mission (and person) specific skills.
But ultimately, Chicago non-profits need to immerse themselves and become more business-like. In a realm where resources are stretched, and with an increase
in social ventures in the state, it is becoming increasingly critical that non-profits begin to see themselves in not-quite-so-warm-and-fuzzy terms. (And I’ve made this point before in my review of The Mission Myth). Non-profits are like any other business despite their unique status in wanting to reach key audiences. SOBCon 2013 is a great opportunity to do so, allowing non-profit attendees to not only bring their unique person-centered approach, but also learn several critical skills that would allow them to better advocate their mission while balancing the day-to-day “business” of staying open.
For more information – and to register – please visit http://sobconchicago13.eventbrite.com/. It may seem a little out of reach for some agencies, but something to consider – is your mission worth it? And if so, wouldn’t it be good to share that mission with some potential allies?
Thanks, as always, for reading – if you have comments or questions, please feel free to leave them below. If you would like to reach out to me directly, you can do so either via my Linked In profile (please mention Chicago Now when reaching out) or directly via my web site’s contact form.
Non-Profits & The Business of Social Good
leave a comment »
It’s a question that has a major impact in Chicago – after all, we have a thriving non-profit community, as well as a growing interest in social
entrepreneurship and social ventures (and admittedly, I have an interest in both sides). It may not sound like much of a conflict, but allow me to try to outline the arguments on both sides:
structure, they can focus primarily on education and advocacy but lose some key benefits (such as the ability to lobby directly). Non-profits also have unique financial reporting requirements, and can focus less on meeting shareholder and profit requirements and more on promoting a mission. (It does not mean that non-profits can’t make money – only that any ‘profit’ goes back into its programming). Non-profits often find themselves working with minimal resources, focusing on fundraising and donor cultivation, and often believing that because they are uniquely mission-focused, they do not have to
necessarily focus on the “business” side of their agency.
These issues have been at the forefront of my mind – not just as a person with professional interests, but also as a job seeker, inspired in part by this article on “cheating” in social media. From my perspective, well….I have a slightly unique perspective, offered in the spirit of driving further consideration and conversation.
Businesses can do several things that non-profits can’t do, and non-profits can do things businesses can’t do. Both businesses and non-profits tend to believe themselves to be “terminally unique”, somehow so special that they feel slightly detached from normal rules of engagement. When it comes to driving social good and social benefit, neither entity has a monopoly on driving beneficial causes – that every organization, regardless of business type or IRS status, has a particular role to play, and that perhaps the issue isn’t “What makes businesses more beneficial than non-profits?” or “What makes non-profits more beneficial than businesses?”, but “How can non-profits and businesses collaborate and cross-pollinate each other’s best practices in driving the greatest social benefit for everyone?”.
It’s not an easy question, to be sure, nor is it one that has an easy answer (although Dan Palotta seems to be thinking along similar lines to my own)….but it’s worth further discussion. Who would have thought that Facebook might lead to deep conversation and consideration?
Any thoughts? Please feel free to leave them below, and if you wish to contact me personally, please feel free to do so either via Linked In (please
mention Chicago Now in your note) or my web page contact form. And as always – thanks for reading!
Written by gordondym
March 22, 2013 at 10:12 am
Posted in Commentary, Community, Uncategorized
Tagged with benefit corporation, business, chicago, collaboration, l3c, non-profits, social entrepreneurship, social good, social ventures