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Our income has reduced or remained the same over the last 3-years (High risk)
Revenue did not grow at all in the last few years. It might be a combination of reasons- capacity, intent/culture, and nearly 2- year period of a global public health emergency.
Reflection:
- Understand reasons for no growth.
- No response needed Identify triggers for faster growth.
- Will it help to create a core team for delivering growth strategy; or at least provide some momentum in this direction.
- Consider reducing costs until future growth path is not clear.
- Others -
Action:
- No action necessary as we are satisfied with our growth Is there any way to arrest any further future slides - what actions can we take immediately?
- What does growth mean to us?
- Create a Board managed sub-committee to figure out a growth plan.
- Identify key people from Senior Management and assign a new growth project.
- Others -
Notes for Development:
- Revenue did not grow at all in the last few years. It might be a combination of reasons - capacity, intent/culture, and nearly 2-year period of a global public health emergency.
- Lack of progress in acquiring any new donor over a considerable period might be indicative of a general absence of strong fundraising culture in the organisation as well, along with capacity.
- Conduct a detail fundraising efficacy diagnostic to identify areas for immediate and longer-term changes. The problem areas would be around- investment, people, process, and system only. It is easier to gather evidence around these; much tougher to demonstrate strong intent to change the status quo.