Lester Olmstead-Rose is a senior associate with La Piana Associates, whose work focuses on strategic planning. Before joining La Piana Consulting, he was Director of Government and Public Affairs for the Pacific Gas and Electric Company (PG&E), where he managed a team that served as liaison between PG&E and community leaders, awarded charitable contributions to nonprofit agencies, and functioned as a local government lobbyist.
Contact him at email@example.com
"Your business model is broken."
In hearing these words, nonprofits all across the country face what may be their greatest challenge to sustainability.
The days are gone when a mission statement and a strategic plan were enough to sustain the confidence of your supporters and guide staff in their work and progress toward best practices.
You are running a business. You need a business plan.
Olmstead-Rose: "...so many nonprofits live right on the edge and under constant threat of collapse. It means their economic logic isn't working; they haven't created a good mechanism to pay for the extent of work they have taken on."
Join CausePlanet's Denise McMahan and La Piana Associates' Lester Olmstead-Rose, co-author of The Nonprofit Business Plan: The Leader’s Guide to Creating a Successful Business Model, for an essential discussion of business planning and your nonprofit venture.
LIVE via FREE webinar!
[CLICK FOR REGISTRATION LINK]
This interview, part of the monthly webinar series from CausePlanet and the Blue Cross Blue Shield of Louisiana Foundation, builds on CausePlanet's session at LANO's October 2-3 Annual Conference, featuring The Nonprofit Business Plan co-author Heather Gowdy.
If you missed this excellent session, DON'T MISS this second chance to learn what you need to know about successful business modeling!
LANO General and Associate Members:Download a free Page to Practice book summaryof The Nonprofit Business Plan, along with dozens of other summaries of the latest in nonprofit management wisdom. A free service brought to you by LANO and the Blue Cross Blue Shield of Louisiana Foundation.