Season by Season: How Interim CFO Leadership Strengthens the Nonprofit Audit Cycle
For nonprofits with a June 30 year end, the audit cycle really does feel like moving through the seasons; summer’s heat, fall’s harvest, winter’s clarity and spring’s renewal. An interim CFO doesn’t just help the organization survive...
A BHAG, pronounced bee hag, is an acronym for Big Hairy Audacious Goal. The term was originally coined in the book Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras.
Members of our team recently completed a “talent” assessment that identified individual competencies, behaviors, and styles. Among other things, the resulting report confirmed that I am, by nature, a learner.
One of the largest pain points inside nonprofits is bandwidth. We feel it nearly every time we walk into a client. And one of the largest investments for a nonprofit is normally personnel.
Last week I attended, along with some of my Armstrong McGuire teammates, the Groundwater Training hosted by the YMCA of the Triangle and led by Monica and Jennifer from the Racial Equity Institute.
Every few years the nonprofit community collectively keys in on a few concepts or focus areas. One of the themes that seems to be emerging in 2020 is increased emphasis on succession planning.