MANAGING in the

NEW WORLD

While on the surface, non-profit organizations appear to be totally different, yet a number of challenges they face are similar to those of for-profit organizations. Talent management is clearly one of them as evidenced by the high turnover ratio. Business research conducted by the Bridgespan Group shows that less than a third of the C-Suite positions at such firms were filled by internal hires. Onboarding of new recruits requires on average, twice the amount of time as existing employees do. Low compensation and lack of professional development opportunities have commonly been cited as reasons for executives leaving these firms. Donors Choose is one such not-for-profit firm which has defied the odds, and ensured employee stability and this is something the industry has to ensure.  

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