Often as charities we take pride in how we are able to stretch limited financial resources to help the maximum amount of people. This is something that charitable organizations should be proud of, yet its a mindset that I believe should be changed.
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It is not uncommon for business leaders or entrepreneurs to suggest that charities need to behave more like business. Of course non-profit operations should be based on sound financial and management principles and practices, but I suggest blanket statements like “be more like business” ignore some fundamental differences between private and non-profit sector organizations. As well this default position of many business leaders is a tad insulting.
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