Longevity and effectiveness of non-for-profit organizations

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Reference no: EM132245718

One component of nonprofit management that contrasts with the for-profit model is the existence of volunteer workers. Non-profits' lack of free-flowing capital means they rarely have the resources to staff the organization sufficiently. Managers in not-for-profits often reach out to individuals passionate about the organization's mission to contribute through monetary donations or volunteer hours.

What do you think are other key managerial elements to foster the longevity and effectiveness of non-for-profit organizations?

Reference no: EM132245718

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