Society & Culture
Navigating Nonprofit Resilience with Dennis Young: Insights and Strategies
In this episode of The Social Enterprise Lens podcast, host Bryce Lord from the Helen Bader Institute for Nonprofit Management discusses the critical topic of nonprofit resilience with esteemed guest Professor Dennis Young. The conversation explores how nonprofits can maintain integrity and effectiveness amidst turbulence, emphasizing the importance of proactive resilience management. Dennis shares insights from his extensive career in nonprofit studies, highlighting key strategies from his recent books on financial management, leadership, and operational sustainability. They delve into real-world examples and case studies illustrating how various organizations successfully navigated crises, particularly during the pandemic, by innovating and adapting their operations. The episode underscores the necessity for nonprofits to anticipate challenges and build a resilient foundation to ensure long-term effectiveness and mission success.
- 00:00 SEL Ep 1: Unveiling Nonprofit Resilience: Insights with Dennis Young
- 01:22 The Importance of Nonprofit Resiliency
- 02:07 Introducing Professor Dennis Young
- 07:20 Proactive Resilience Management
- 10:57 Financial Resilience and Diversification
- 16:29 Cost Structure and Flexibility
- 19:21 The Concept of Slack in Nonprofit Management
- 22:06 Understanding Slack in Nonprofit Management
- 23:50 The Importance of Stress Testing
- 26:59 Introducing the New Book on Nonprofit Resilience
- 27:37 Case Studies of Nonprofit Resilience
- 36:41 Common Characteristics of Resilient Organizations
- 38:02 Final Thoughts and Advice for Nonprofit Leaders
- 40:45 Conclusion and Next Steps