From the Inside Flap
The Great Recession of 2007 to 2009 devastated nonprofit and philanthropic organizations, as donations and endowments cratered, tracking the precipitous fall of the markets. Unfortunately, the Recession will not be the last event to pose such an existential threat to nonprofits. Globalization, technological disruption, new capital flows, shifting corporate priorities—these are only some of the factors promising to shake up nonprofits in the near future. Businesses routinely plan for such contingencies. Nonprofits tend not to. However, they must begin such planning now, or else be caught flatfooted again.
Recession, Recovery, and Renewal gives organizations the tools to adapt and thrive in today’s new, less predictable operating landscape. This in-depth guide supplies both a road map to navigate economic hazards and uncertainties and a set of specific practices for organizations seeking to anticipate rather than react to change. It also offers numerous real-world case studies depicting these principles and practices in action. And, crucially, this work provides the hard numbers and data-driven analysis that are common elements of today’s business strategy, yet remain largely absent from the nonprofit field.
Written by renowned expert Susan Raymond, PhD, Recession, Recovery, and Renewal enables a range of stakeholders to:
- Identify, choose, and track relevant trend indicators
- Establish systems and processes to make the most of both challenges and opportunities as they arise
- Constantly innovate to adjust funding partnerships, programs, and market developments to capitalize on anticipated changes
- Understand and cultivate the new generation of corporate leaders
- Restructure their organizational business models for nimbleness
- And more
From borderless philanthropy to the new role of the Global South to the impact of the mobile Web, Recession, Recovery, and Renewal considers the key forces that will determine tomorrow’s operating environment. With a clear-eyed focus on solutions, this strategic rethink will help organizations position themselves for sustainable growth, flexible operations, and effective mission-fulfillment in a changed world.
From the Back Cover
Praise for Recession, Recovery, and Renewal
“This is a must-read for any professional working in the field of philanthropy today. Dr. Raymond cuts through the political rhetoric and breaks down what really happened in the Great Recession and the challenges and opportunities it has created for nonprofits in this shifting global economy. This insightful analysis provides nonprofits with practical advice for how to survive, and even thrive, in these turbulent times.”
—Elizabeth A. Amery, Vice President of Development, Environmental Defense Fund
“Recession, Recovery, and Renewal: Long-Term Nonprofit Strategies for Rapid Economic Change is full of more detailed descriptions of the global mega-trends likely to affect our business, including north vs. south global economic development, public vs. private resource availability, investment vs. philanthropy capital formation, changing donor needs, commercial vs. social financial and cultural orientation, and more. Susan Raymond challenges every nonprofit leader to understand that these are no longer over-the-horizon challenges—they are here and now—and offers practical suggestions for how we can incorporate these into our planning efforts.”
—John McGeehan, Executive Vice President, Chief Operating Officer, Plan International USA
“The Great Recession left many nonprofits operating in unchartered territory. Luckily, they now have a guide. Susan Raymond’s timely account helps nonprofit and philanthropic leaders make sense of the recent past and make plans for a more resilient future. By weaving together emerging trend lines across the private, public, and social sectors together with real-world case studies, Recession, Recovery, and Renewal: Long-Term Nonprofit Strategies for Rapid Economic Change separates the hype from the reality to help leaders make more informed decisions.”
—Brian Walsh, Executive Director, Liquidnet for Good
About the Author
SUSAN U. RAYMOND, PhD, is Executive Vice President for Research and Analytics at Changing Our World, a full-service nonprofit and philanthropy consulting firm. In this role, Susan is responsible for designing and conducting business operating environment research for both nonprofits and foundations, as well as developing business plans and program evaluations for new and existing institutions. Susan is a member of the advisory board of the Center for Global Prosperity in Washington, D.C., and a member of the advisory boards of The Global Index of Philanthropic Freedom and America’s Unofficial Ambassadors. In 2012, the Director of the National Science Foundation appointed her to the board of the Civilian Research and Development Foundation. Susan has worked on philanthropy and economic development projects throughout Africa, the Middle East, and Eastern Europe, as well as in Russia and Asia and has held positions with the New York Academy of Sciences, The World Bank, Center for Public Resources, and U.S. Agency for International Development. In 2011, Women United in Philanthropy honored Susan with the Women in Excellence and Achievement Award. She has written for many publications, particularly in the areas of economics, healthcare, and corporate responsibility, and is the author of three books with Wiley.
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