Proceedings of the International Association for Business and Society

Volume 28, 2017

Proceedings of the Twenty-Eighth Annual Meeting

Kimberly M. Reeve
Pages 239-251

Be More Like Business?
A Discussion of Leadership Qualities and Organizational Cultures of Financially Sustainable Nonprofits

This paper addresses the characteristics and skills that the leader of a financially viable nonprofit organization needs to have. The nonprofit sector continues to intersect with the business sector by providing services and programming that the government and private sectors are not willing to or cannot provide. However, the nonprofit sector now faces an environment that includes increased competition for funds as it attempts to meet demands for more specialized services. In this context, is there a specific type of leader that is needed to ensure a nonprofit’s financial sustainability? Should a nonprofit simply become more like a business and adhere to common for-profit leadership and staff-building principles, or do nonprofits require a unique set of skills and a different type of staff culture? This paper will present a discussion of subject matter expert’s perceptions on the characteristics of nonprofit leaders that are needed for today’s financially viable nonprofit.