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Event Date: 06.10.2021
Part of Mass Cultural Council’s Recover, Rebuild, Renew Series
Like living organisms, organizations cycle through stages – from that of conception, growth, maturity, and decline. But unlike organic organisms those stages are not always linear or determined. As difficult as the pandemic has been on the arts and cultural sector, many organizations have found ways to reinvent themselves and find operating and financial success while bringing joy, delight, and comfort during quarantine and lockdown. While this is not something that has been attained by the majority of organizations, this isn’t surprising that it has been accomplished by some – especially in our creative community – because regeneration happens when organizations are faced with a crisis from which they can’t escape and the recognition that the methods used in the past will no longer support the organization in the current environment. This webinar encourages regeneration by using lifecycles as a diagnostic frame to begin a strategic financial planning progress. By viewing the performance, strengths and characteristics of organizations though a lens of lifecycle characteristics, leaders and board can quickly assess their own programmatic, staffing, governance, social capital, and financial profile to see if they are aligned with its current operating model and, if not, begin to plan for realignment to meet the needs of the community moving forward. Case studies will be used to provide real-life examples of organizations that adapted their operating model pivot both their programs and business model, and finally, participants will be shown how to use a diagnostic tool to assess where their own organization.
Outcomes: At the end of this session, participants will be able to identify which areas/capacities/needs have changed and implications on Programs, People, Social/Network/Operations and Finance, identify where their organization is in the post-COVID ‘life-stage’, and prioritize and focus on areas that will build financial health and strategic resilience.
Firm: SectorWind, Belmont, MA
Content Expert: Sandi McKinley
Sandi McKinley has more than 25 years of experience serving the nonprofit sector. In 2020, she founded SectorWind, a consulting firm that works with leaders and philanthropies to build financial strength and strategic resilience within nonprofit organizations. Prior to SectorWind, Sandi was Vice President, Advisory Services at Nonprofit Finance Fund where she was on staff for nearly 14 years. As a member of the Advisory Services Leadership team and serving as chief of practice, she was responsible for leading and managing the national consulting team and overseeing the services that were provided to nonprofits and funders. Throughout her tenue at NFF, she sought to ensure that NFF’s services reflected the needs of community-based organizations and counts among her many accomplishments the redesign of NFF’s consulting methodology, implementation of a data and knowledge function, integration of a regional structure to a national consulting practice and the ongoing evolution of the suite of services that NFF provides.
Auto-generated captions will be provided. If you have additional questions or to request additional accommodations to ensure your participation, please contact Michael Ibrahim.