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The Rosetta Stone Foundation Executive Strategy. Vision We imagine a world where language learning strengthens cultural diversity and enables intercultural.

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Presentation on theme: "The Rosetta Stone Foundation Executive Strategy. Vision We imagine a world where language learning strengthens cultural diversity and enables intercultural."— Presentation transcript:

1 The Rosetta Stone Foundation Executive Strategy

2 Vision We imagine a world where language learning strengthens cultural diversity and enables intercultural understanding

3 Mission To enable intercultural communication and understanding To restore language fluency in endangered language communities

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5 Structure Director of Development – Responsible for field programs and strategic partnership management Grant Writer – Manages grant programs, development of proposals, and campaigns

6 Stewardship Design Principles Balance Interdependence Regeneration Diversity Succession Source: Anhony E. Smith 2010, Stewardship Design Principles

7 Balance Creating balance in communities by dismantling communication barriers and empowering people with a sharing of voices. Managing the balance between mission and financial sustainability.

8 Interdependence Those who act have a responsibility to others

9 Regeneration Cross-cultural communication Preservation of language and cultural heritage Peace building Economic stimulation

10 Diversity Adaptive Capacity Compete Collaborate Resilience

11 Succession One language lost about every two weeks. Challenge becomes stimulating cross-cultural communication while preserving community heritage.

12 Memorandum of Agreement Strategic driver Potential stake in heart

13 What will Rosetta Stone offer? Cash problematic In kind contributions

14 Other funding sources? “Newer plants” pollinated by multiple species (Meisel, 2010) Diversified funding adds stability and prevents mission from being changed by a leering sponsor

15 Handling unexpected success Overwhelming success means change. Change scares people. People discount unexpected success like they avoid discussing succession RSF should make a plan to capitalize on this source of innovation if given the opportunity

16 Surviving Growth Capital needs during periods of growth often greater than during startup period Need superb financial management MOA should clarify whether or not RSF will provide assistance with financial planning

17 Earned Income RSF Business Plan – Licenses – Non-profit Intermediary

18 Earned Income Partner Groups and Financial Support Sliding Scale System

19 Sliding Scale

20 Earned Income Collaborative Partnerships Sponsorship Opportunities

21 Innovation “Weak or missing link”* “Clear definition of objective”* Position Creation Forwarding mission to unmet needs » *Drucker 1985

22 Sources Used Dallas, J. May 2010. Rosetta Stone Foundation [Discussion Board Memo]. Message posted to http://bb.emu.edu/webapps/portal/frameset.jsp?tab=courses&url=/bin/common/course.pl?course _id=_15454_1 Drucker, P. 1985. Innovation and Entrepreneurship. Harper & Row: New York. Feldmann, D. and Sternberg, D. (January 29, 2009). Development Director or Not: When Should We Hire a DoD? Retrieved from http://foundationcenter.org/pnd/tsn/tsn.jhtml?id=242600001. Green, A. May 2010. Rosetta Stone Foundation [Discussion Board Memo]. Message posted to http://bb.emu.edu/webapps/portal/frameset.jsp?tab=courses&url=/bin/common/course.pl?course _id=_15454_1 Laszlo, C. 2008. Sustainable Value. Stanford University Press: California. May, T. May 2010. Rosetta Stone Foundation [Discussion Board Memo]. Message posted to http://bb.emu.edu/webapps/portal/frameset.jsp?tab=courses&url=/bin/common/course.pl?course _id=_15454_1 http://bb.emu.edu/webapps/portal/frameset.jsp?tab=courses&url=/bin/common/course.pl?course _id=_15454_1http://foundationcenter.org/pnd/tsn/tsn.jhtml?id=242600001 http://bb.emu.edu/webapps/portal/frameset.jsp?tab=courses&url=/bin/common/course.pl?course _id=_15454_1 http://bb.emu.edu/webapps/portal/frameset.jsp?tab=courses&url=/bin/common/course.pl?course _id=_15454_1

23 Sources Used Meisel, M. Personal Communication, Shenandoah National Park Field Trip. May 22, 2010. Oster, S. (Ed.) 2004. Generating and Sustaining Nonprofit Earned Income. Jossey- Bass: California. Palmer, G. May 2010. RSF [Discussion Board Memo]. Message posted to http://bb.emu.edu/webapps/portal/frameset.jsp?tab=courses&url=/bin/common/ course.pl?course_id=_15454_1 Reed, S. May 2010. Rosetta Stone Foundation [Discussion Board Memo]. Message posted to http://bb.emu.edu/webapps/portal/frameset.jsp?tab=courses&url=/bin/common/ course.pl?course_id=_15454_1 Rosetta Stone Foundation Business Plan. Accessed May 2010 via http://bb.emu.edu/webapps/portal/frameset.jsp?tab=courses&url=/bin/common/ course.pl?course_id=_15454_1 Smith, A. 2010. Stewardship Design Principles. http://bb.emu.edu/webapps/portal/frameset.jsp?tab=courses&url=/bin/common/ course.pl?course_id=_15454_1 http://bb.emu.edu/webapps/portal/frameset.jsp?tab=courses&url=/bin/common/ course.pl?course_id=_15454_1 http://bb.emu.edu/webapps/portal/frameset.jsp?tab=courses&url=/bin/common/ course.pl?course_id=_15454_1

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