The tech sector has already developed processes and technologies relevant to many nonprofit issue areas— by simply repurposing them the nonprofit sector could skyrocket forward.
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Move your programs online. Build digital capabilities. Acquire a start-up. Refresh your talent bench. The time is now.
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Established nonprofits struggle with innovation, technology and design, but often have scale and credibility. Nonprofit tech startups excel at innovation, technology and design, but often have limited scale and credibility. The solution therefore should be obvious: traditional nonprofits and startups should join forces to marry old and new assets and talents.
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Artificial intelligence (AI) is destined to change the definition of work and how wealth is created, leading to unprecedented economic inequality. That’s precisely why social sector leaders should put AI on their radar. AI isn’t just an economic or technological problem, but also a social one.
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The Trump Administration’s 2018 proposed budget could be an extinction event for some global health organizations. Nonprofit leaders would be well-served to think about mergers and acquisitions as one strategy to weather tougher times. For global health organizations to remain stable, they will need a broader arsenal of growth options — and vulnerable ones will need to reinvent themselves or risk disappearing.
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