1. 5 Winning Strategies to Survive the Financial Crisis Profit from our experience.www.nesc.org Updated Summer/Fall 2010

2. Profit from our experience.www.nesc.org Impact of Recession Nonprofits under severe economic stress Reduced individual, corporate, foundation and government support Increased cost pressure, particularly health care More stress on cash management Mid-size nonprofits ($500M-$3.0MM) under most pressure

3. Profit from our experience.www.nesc.org Nonprofit Coping Strategies Belt tightening Increased focus on fundraising Greater reliance on volunteers Increased marketing and advocacy New revenue streams Establishment of collaborative relationships

4. Profit from our experience.www.nesc.org Successful Traits Conservative financial approach Good management and learning cultures-- positive tone, be calm, communicate clearly about decisions, priorities and goals Effective fundraising and engaged board members Greater visibility Entrepreneurial spirit

5. Profit from our experience.www.nesc.org The Keys to Survival Reduce costs Grow the top line Consistent cash flow Be nimble and quick

6. Profit from our experience.www.nesc.org Five Winning Strategies 1.Board Development 2.Fiscal Fitness 3.Social Enterprise 4.Branding 5.Shared Services

7. Profit from our experience.www.nesc.org Board Development Analyze existing talents and industries Recommend additional talents and members Increase board engagement Help board become more strategic Conduct board retreats

8. Profit from our experience.www.nesc.org Fiscal Fitness Organization assessment Productivity analysis Financial policies and procedures Set up and refine financial statements and reports Review policies and procedures Financial training and mentoring Manage accounting function

9. Profit from our experience.www.nesc.org Social Enterprise Identify existing assets (human capital, physical assets, technology, alliances, reputation) Determine market feasibility, legal issues and resource requirements Develop business plan Expand mission and enhance image Consistent cash flow

10. Profit from our experience.www.nesc.org Branding Position the organization to build a consistent, positive image Identify target audience Develop visual identity Media opportunities Enhance visibility and impact with clients, donors and volunteers

11. Profit from our experience.www.nesc.org Shared Services Redesign processes around best practices Determine core competencies Streamline workflows Cost analysis Develop measurable goals Develop critical timeline Assist in achieving buy-in

12. Profit from our experience.www.nesc.org Why Choose the NESC Only senior level consultants Speed to market Excellent value proposition Unique combination of business expertise with knowledge and sensitivity of the nonprofit sector Three decades of helping nonprofits survive

13. Profit from our experience.www.nesc.org Next Steps Needs Assessment Work-Up - interview key management - identify key areas of opportunity - report of findings