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Measuring Success uses data-driven tools like customer surveys and financial models to frame clients’ decisions and enable a shift to fact based decision making. Many non profits, unfortunately tend to make decisions with very little data, using anecdotal observation, emotion, and influencers. This often leads to inconsistent and poor results. We generate observations and recommendations by directly soliciting stakeholder feedback to the status quo, determining causations and correlations, and teaching leadership to absorb the data and its strategic implications. Clients receive a customized report that details our analysis and findings with detailed, actionable recommendations for change.
As a manager, you need to ensure your organization uses its limited time and resources to pursue the right issues. Our data shows that 80% of our anecdotal hypotheses about what are the problem or issues are not substantiated by the data, which means a lot of energy spent pursuing issues and making decisions that do not affect your organization’s success. Using proven techniques you can learn how to shift your organization from anecdotal to data-driven decision making and steer your organization to success.
In this workshop, you will improve your organization's ability to:
The 7 Steps to Data-Driven Decision Making gives professionals the tools they need to make them thoughtful evaluators and consumers of numerical thinking in their everyday work. Participants gain the skills to dig deeper through financial analysis and activity based costing, getting to the information they need to make better decisions and build strong organizations.
The Strategic Financial Modeling Tool enables organizations to get into a “flight simulator” to test the financial consequences of various inputs, strategies, and financial decisions played out over 5 years. Since finance drive changes in strategy, this tool enables organizations to dynamically generate various scenarios of their future finances under various strategies. In the simulator, organizations can perform if-then planning in real-time by simultaneously “pulling” on various levers and “pushing” various buttons. The tool allows leaders to address trade offs such as tuition fees, enrollment, financial aid awards, expenditures and fundraising. Leaders can position their organizations for stability and growth over multiple years by aligning their vision and mission with a plan for the resources the organization can raise and spend.