I’ve had the privilege of working in the nonprofit space and living in the for-profit space. I firmly believe there are lessons from each side of the table that will deeply impact the other in positive ways. I’ve been doing some extra reading/research since I’ve jumped full time into my nonprofit consulting work and below is a “learn some; share some moment”!
This piece form 1989 still rings true today in relation to retaining, motivating, and growing team members…
“Managing the knowledge worker for productivity is the challenge ahead for American management. The nonprofits are showing us how to do that. It requires a clear mission, careful placement and continuous learning and teaching, management by objectives and self-control, high demands but corresponding responsibility, and accountability for performance and results.
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There is also, however, a clear warning to American business… The students in the program for senior and middle-level executives in which I teach work in a wide diversity of businesses… But most of them also serve as volunteers in nonprofits… When I ask them why they do it, far too many give the same answer: Because in my job there isn’t much challenge, not enough achievement, not enough responsibility; and there is no mission, there is only expediency.”
–Harvard Business Review 1989; Peter F Drucker “What Business Can Learn from Nonprofits”
