Bridgespan Group Study: Managing in Tough Times
Managing in Tough Times, A Collection of Resources for Nonprofits and Funders Navigating Turbulence, Bridgespan Group, December 2008: “Tough times force hard choices. And these are rapidly becoming the toughest times most of us have ever seen. Even for nonprofit leaders who are accustomed to ‘making much of little,’ the repercussions of the unfolding economic downturn are likely to pose unprecedented challenges. It’s hard to imagine that many (if any) of us in the sector will escape unscathed. The results of a survey we conducted of over 100 nonprofit leaders in mid-November of 2008 are telling: 75 percent of the respondents reported that they are already feeling the effects of the downturn, and 52 percent have already experienced funding cuts. So what to do?”
Read more at http://www.bridgespan.org/LearningCenter/Default.aspx?id=2786
