Making strategic decisions

By NAS     Feb 23, 2011
   

Every decision you make about how to use your resources today impacts what you can do tomorrow. But how do you compare your options – what are the trade-offs? What factors should you include in how you define costs and benefits? These are critical questions that every leader and decision-maker has to answer – both to ensure that the decisions you make are for the best and to justify your decisions to your board members, funders and other stakeholders.

The NAS Finance seminar is designed to help your leadership team develop the skills to use finance as a management and decision-making tool. This seminar is not about bookkeeping and accounting, but about how decisions about your mission and programs are intricately related to your organization’s financial health. By the end of this two-day working session, your team will be able to:

  • Identify the critical revenue, cost, and risk factors that are driving overall financial performance
  • Predict the effects of decisions on mission achievement and financials
  • Make more clear and compelling financial arguments to donors, funders, board members, and other stakeholders

Apply now to bring your senior management team to Washington, DC May 12-13 for Finance. All teams will receive an Organization Fellowship covering the full cost of tuition for up to six participants. Additional travel support will be available for teams from outside the DC metro area to help with the cost of travel and lodging. Teams will be identified through a simple application process. The deadline to apply is March 18.

Learn more or apply now »