Many nonprofit board members feel that being a good steward of money means that they shouldn’t invest in themselves as a board or organization. In this episode, Nancy and Sarah challenge board members to let go that that scarcity mindset and recognize the value of investing in their organization. They talk about how people are our most important asset, and people need to feel competent and confident to be motivated in the work. They share a tip on how you might know if an investment is a good one. Our word of the week is invest– did you know “invest” meant “to clothe” in the 16th Century? How are you going to clothe your organization to be out in the world? How steps will you take to ensure these clothes aren’t threadbare but durable? Take a listen.
Question to reflect on before you listen:
How does your organization invest in its people, both board and staff?
- What resonated with you about this conversation? What would you like to take back to your organization?
- How might you determine if an investment is reasonable?
- What is one investment you think would really help your people– board or staff– be more efficient or effective?
Word of the week: Invest
We share invest‘s roots as “to clothe”? How does this connection resonate with you? How might thinking about your organization being clothed to go out in the world change how you think about investing in your organization?