Focus on the Basics During Crisis: Organizational Survival and Sustainability

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Date: 
Tuesday, May 26, 2020 - 12:00pm to 1:00pm
Cost: 
$0.00
Organization Name: 
Independent Sector
Event Topic: 
Description

As the disrupting impact of the Covid-19 pandemic has changed the world for ever, mission-driven organizations are facing some very tough decisions ahead. While there is no doubt that emergency or disaster financial support is crucial, it is only a temporary solution and not a panacea. Numerous organizations in the sector have been in survival mode even before this crisis and managed to buy time and sugarcoat their problems. As painful as it might be, there is no better time for organizations to really evaluate the situation and finally act.

To paraphrase Rahm Emanuel, organizations never want a serious crisis to go to waste. They should grab the opportunity to do things they never thought were possible. Meaningful and relevant impact is conditioned by their capacity and willingness to take drastic measures such as restructuring, cutting costs, changing or closing programs, to name just a few, as well as thinking creatively about the future such as engaging in partnerships and sharing resources.

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