IDEAS - The fuel of spin-offs; corporate formation, profits and for non-profits, revenue. To get there takes many turns, spins and for some out of control steering.
Let me share with you what I mean. Revenue is always not enough for non-profits, hence the interaction and common consensus to manage projects using a Project Manager and a Project Tool. Eye-opening? Yes! Especially for the many that have operated without using tools which business for profit have been using successfully for some time now.
I'm in both; one as a Consultant to Executive Leadership, where we form strategies for successful corporate business ventures and a Project Manager for the other. I see in both commonality, whereas being in only one of the two can blind you to facts which can be helpful, no matter which entity one decides to form.
Profits for business - is easily translated into a non-profit as revenue to send where and when on the projects which matter the most. Here we'll call revenue sources as donated and/or grant funding sources. You need to realize that to hold on to this revenue is the utmost of priorities. Spending it depletes your savings so to speak. Save for what? You may ask...Why, because these monies can be easily placed into a program which has potential of generating added revenues to the pot.
Thousands and thousands of non-profit money can be saved by you because all it takes is a new mind-set about those limited dollars which are not never-ending.
...And what about for profits? What should be done with cash? Many places to place cash - you need to concentrate on the cash flow(s) of each project because out of the many equals a larger liability and corporate risk. You focus on risk everyday you are open for business because playing catch-up or ignoring risks, including cash flow, employee treatment and ethical corporate behavior, can out-smart you when the attorney's finally find you behind the large corporate veil or several fronts you managed to strategically initialize when first forming your large organization.
That process of formulation is fine, but only one out of many steps taken for corporate anonymity - it has existed for fifteen years or more. We speak more of changing dynamics, like real-time data handling and processes to obtain your goals - not only do we offer the mechanizes explained above, we internalize you energy, your visionary expertise, changing strategies and ventures - we take it from there; whether it is infrastructure or building more avenues and processes; it will always be the ability to make a buck from here to there!
Practicing internal honesty, throughout corporate structures; up, down, left and right includes global ethics - even if none exist, can and will make YOU MY 'Shining Star!'
December 31, 2006
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