Any new hire has to meet your organization’s expectations both professionally and culturally. To find the right person, you have to tweak the recruiting process. Also: nonprofit financial lessons from for-profit companies.
When it comes to recruiting new team members, it’s important to find people who fit your company culture. That said, it’s not always easy to see whether a prospective employee will make a good fit until he or she has already been hired—and you find out too late.
Instead of wasting time and money hiring the wrong type of person, your organization should create small tweaks in its recruiting process to ensure you’re attracting people who have the right professional and people skills.
“Revamping any association process can seem like a long and hard road, but it doesn’t have to be,” says Addy M. Kujawa in a post on Association Success. “Tweaking something small can make a big difference to your association culture.”
For instance, her team at the American Alliance of Orthopaedic Executives switched to outlining required interests and culture expectations alongside skills. Once a candidate made it past the initial interview, he or she had to complete an exercise that was created collectively by the whole team. The final hiring decision is also the result of a the group.
“The experience has been great,” Kujawa says. “When we bring people in, everybody feels very invested in their success and getting them onboarded and trained well. Together, we help them build their career path within our organization.”
Nonprofit Finance Lessons From For-Profit Businesses
Whether it's failing to meet conference attendance goals or advertising projections, it's not so much IF an organization will experience revenue loss, but WHEN.https://t.co/rqMmwRzP2D
— Personify (@Personifycorp) October 18, 2018
Many businesses experience profit losses, and nonprofits are no exception. It’s not so much if an organization will have a dip in revenue but when. Staying on top of its financial health before any losses could be the determinant of how well your company bounces back.
In a blog post on Personify, CFO Jim FitzGibbons explains that nonprofits can take a lesson from for-profit companies when it comes to ensuring future financial success, starting with getting a little greedy. “Driving revenue is as important for nonprofits as it is for their commercial sector peers,” he says. “There’s no shame in wanting to achieve aggressive revenue goals if it helps you attain your vision.”
FitzGibbons also says that it’s imperative for nonprofits to invest with ROI in mind, letting data drive any and all financial decisions.
Other Links of Note
Leading a nonprofit can be too much responsibility for one person, which is why many organizations lead with executive teams. Stanford Social Innovation Review explains how to build a successful executive team.
How do you engage and keep the attention of your millennial members? It starts with your onboarding process, from the MultiView blog.
Studies show people don’t trust institutions—of which your association is one. The Velvet Chainsaw blog explains how to create more credibility and authenticity in your organization.