Nonprofit organizations are constantly juggling their limited resources and have to ensure they have the money to fund the causes and people they are serving. Leaders are faced with championing their cause while reducing costs and operating with excellence in order to effectively advocate for their donors, their employees, and those they serve. As a result, innovative nonprofit leaders must find ways to create efficiencies to best support their mission.
“Philanthropy is often seen as society's risk capital. That means the onus is on philanthropists, nonprofit leaders and social entrepreneurs to innovate. But philanthropic innovation is not just about creating something new. It also means applying new thinking to old problems, processes and systems.”Laura Arrillaga-Andreessen, philanthropist