Online Learning Events
OLE Pathway: General

Financial Strategy in Response to the COVID-19 Crisis – Session 1

The current public health crisis has disrupted many non-profits’ operations and funding sources, with longer-term impacts that remain unknown. Organizations face immediate budget impacts and potential threats to sustainability. In this series of two 90-minute webinars we will help non-profit leaders visualize and chart a financial strategy to proactively address the short- and longer-term impacts of the crisis. At the conclusion of the series, participants will have a conceptual framework to pave a pathway toward financial sustainability amid uncertainty. This is session 1, Stop the Financial Bleeding and Define a Process, of the two-part webinar series.

Thank you to our presenting partner:

Details

Date:

May 5, 2020

Time:

1:00 pm - 2:30 pm

Cost:

Free

Member Cost:

Free

Visual Recording

Who should attend

Senior non-profit managers and board members.

What you will learn

By the end of this session, participants will be able to:

  • Identify short-term approaches to cutting costs, bolstering revenues and re-budgeting
  • Describe key metrics for financial health
  • Clarify underlying business model challenges and sources of financial stress
  • Define key elements of a financial strategy
  • Employ effective communication methods with stakeholders regarding finance

Presenters

Scott Schaffer, Principal of PIM Consulting Canada, is a non-profit sector thought leader on financial health and sustainability. As past CEO of organizations in the health, housing and environmental fields, he’s led financial turnarounds and built resilient organizations. As a management consultant, he’s helped over 100 non-profits chart courses toward financial health. Scott has a background in finance, economics and behavioural science, and has led a workshop called Strategic Financial Management for Non-Profit Executives in the U.S. and Canada.

Optional Add-On Services:

  • Topic-specific “Office Hours” discussion sessions
  • Strategic Financial Planning Cohort program
  • Organization-specific Financial Analysis or Business Planning.

Contact Amanda Prasow, amanda@pimgconsulting.com for more details regarding add-on services.