Financial Resilience continued ...
‘Organisational resilience is the ability to anticipate, prepare for, adapt and respond to sudden shock and incremental change in order to survive and prosper’
Cranfield School of Management
As charity leaders, we all have big dreams and an even bigger commitment to make a difference. But let’s be real—most of us want to do more than we have the capacity for. So, how do we decide how to use our limited and valuable resources so that we are around for as long as we are needed? By building financial resilience, that's how.
- By anticipating what's coming up with forecasts
- By building a rainy day with a good solid reserves policy
- By understanding and adapting our business model
- By responding with a clear and simple financial plan
Course Materials
Please note that usual caveats apply when downloading third party materials. Always check links and formulas etc. and then customise to your own organisation. None of the downloads is intended to replace proper professional advice. Please always consult an appropriately qualified professional when financial planning.
