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OpenAI’s Failed Experiment in Governance

Harvard Business

OpenAI has undoubtedly succeeded in its product innovations, with ChatGPT. Put in place to guard against the abuse of its product, the company’s unusual structure — a nonprofit that owns a for-profit — proved unpredictable and subject to the whims of its directors. But its governance innovations have failed spectacularly.

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What the Best Nonprofits Know About Strategy

Harvard Business

After years of working in tech startups, which strive to transform underdog status into competitive advantage, I dove into the nonprofit world. The contrast was striking: Too few nonprofits use the advantages of their nonprofit status. Product: Build on openness, goodwill, and the wisdom of crowds.

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Crowdfunding Roundup for Nonprofits

The Nonprofit Consultant

It seems that with the rise of Kickstarter and IndieGoGo, crowdfunding is on everybody''s minds these days, but what''s a nonprofit to do? Crowdfunding generally refers to grassroots efforts to raise money for a project or product that is in development, directly from the eventual purchasers.

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The “Piggyback” Approach to Innovation

Harvard Business

Piggybacks — tactics that capitalize on pre-existing but seemingly unrelated systems and networks — can help organizations create entirely new businesses, diversify sources of revenue, improve products’ appeal, and increase exposure.

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Nonprofits, Foundations, And Capital Formation

The Nonprofit Consultant

Stannard-Stockton's response is demonstrate how nonprofits contribute to the economy, saying, in part: "Nonprofits employ people, nonprofits buy goods and services from for-profits, nonprofits are an important economic engine of the US economy. Stand up for the nonprofit sector; the most productive sector of all.

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My First Nonprofit Job

The Nonprofit Consultant

After about seven years as an independent consultant, in January I began a regular, full-time executive director position with a local nonprofit organization, and spent the month fully immersed in learning the programs, the culture, and the needs. The truth is, at the time of my first nonprofit job, I had no idea that it would be my career.

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Succeeding As A Non-Profit Consultant with Elizabeth Woolfe: Podcast #26

Consulting Success

Description: In today’s episode, I’m joined by Elizabeth Woolfe, a passionate consultant with a focus on nonprofit organizations in the healthcare industry. There is a common misconception in the consulting world that working with nonprofit organizations means that there are no profits to be had for consultants. Working Your Network.