This commonly accepted business practice tends to compel people to believe that they need to cut costs to improve revenue and profit, making expenses the focus of the business strategy, not revenue generation. This often leads management to make decisions that actually harm the organization.
For innovation to thrive in an organization, the CEO plus Board of Directors must actively promote the right culture.
The thinking habits of an organization's Board of directors plays an important role in shaping the culture of its workforce and the effectiveness of its strategies.
One of the most powerful tools for creating strategic awareness in your nonprofit organization is your Vision statement.