Work-life demands intense for CEOs at nonprofits - Cindy Krischer Goodman - MiamiHerald.com

Work-life demands intense for CEOs at nonprofits - Cindy Krischer Goodman - MiamiHerald.com: When you lead a nonprofit, where the end game is about making the community a better place to live, the workload can be immense and the emotions intense. It’s a big responsibility — and one that people in their 20s and 30s aren’t rushing to undertake.

An Executive Director’s Guide to Financial Leadership - NPQ - Nonprofit Quarterly

An Executive Director’s Guide to Financial Leadership - NPQ - Nonprofit Quarterly: There is an important distinction between financial management and financial leadership. Financial management is the collecting of financial data, production of financial reports, and solution of near-term financial issues. Financial leadership, on the other hand, is guiding a nonprofit organization to sustainability. This is the job of an executive director. He or she is responsible for developing and maintaining a business model that produces exceptional mission impact and sustained financial health. To do that successfully, the executive director has to be ever mindful of essential nonprofit business concepts and realities. The following is a guide to this way of thinking for an executive—a summary of what we see as the eight key business principles that should guide financial leadership practice.