The Professionalization Of Charities: What Nonprofits And For-Profits Can Learn From Each Other
Forbes | January 11, 2019
As stated in an article by The Economist (subscription required), “Nonprofit organizations are learning lessons from businesses. And businesses are learning from charities” I love that people are seeing that the for-profit sector and nonprofit sector can learn from each other. Nonprofits are reassembling more and more like businesses. They might have storefronts, generate revenue, maintain contracts and create strong brands. “That shift is global,” according to Lester Salamon of Johns Hopkins Centre for Civil Society Studies.