Data-driven decision-making is a cornerstone of effective management, and nonprofit organizations are no exception. By collecting and analyzing relevant data, nonprofit leaders can gain insights into various aspects of their organization's operations.
A majority of nonprofits have made strides to invest in customer relationship management (CRM) based databases to track donor and volunteer activity, but there are other important metrics that play a part in the ongoing success of a nonprofit organization. These metrics and their associated insights can inform decisions related to program design, resource allocation, fundraising strategies and financial transparency and compliance.
Here are some broad, but important reasons why your nonprofit should consider incorporating a data strategy to elevate your organization's effectiveness and overall success.
Please select this link to read the complete article from OSAP Mission Partner Clark Schaefer Hackett.