Your Presenter: Marsha Bailey

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Your Presenter Marsha Bailey
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What is Sustainability?

• Dynamic programs that meet the evolving needs of
  clients along a continuum,
• A diverse funding mix,
• Powerful metrics and
• Strong organizational vision supported by
  effective operating systems.

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Mission Vision

• Mission explains your purpose it answers the
  question why you do what you do.

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Mission Vision

• Does it speak to the change you want to create?
• Is it big? Does it require a stretch?
• Does it inspire? (On a scale of 1 5, 1
  ho-hum, 5 It makes me jump out of bed every
  morning because I cant wait to get to work.)

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Mission Vision

• A visionary company continually pursues but
  never fully achieves or completes its purpose
  like chasing the earths horizon or pursuing a
  guiding star.
• - Collins and Porras, Built to Last Successful
  Habits of Visionary Companies.

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WEVs Old Mission

• Womens Economic Ventures (WEV) is dedicated to
  helping women become economically self-sufficient
  through entrepreneurship and career development.

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WEVs New Mission

• WEV is dedicated to creating an equitable and
  just society through the economic empowerment of
  women across the globe.

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WEV Vision
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Core Ideology

• Core Values
• A small set of guiding principles 3 6 not
  to be compromised for financial gain or
  short-term expedience) (Liberty, equality,
  justice)

Purpose Your reason for being
Informs what kind of organization you build.
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WEV Core Ideology

• WE BELIEVE in the power of a community of women
  where
• Inspiration is contagious
• Confidence is power
• Women define success on their own terms
• Fun breeds authenticity and productivity
• We are the change that we seek in the world

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Vision is embodied in your Strategy

• Creating a Strategic Plan
• Why is your model needed?
• What gap are you filling?
• What are your strategic advantages?
• Bold goals Big Picture
• Leadership Whos responsible?

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Key Strategic Areas

• Program
• Organization
• Finance Fundraising
• Communications Marketing
• Measures

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Program Big Bold Goal

• Develop innovative, women-made programs and
  services that ensure womens business success and
  leadership on a global scale.

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Organization Big Bold Goal
Create a business model that blends our social
mission with business best practices and is
easily replicated anywhere.
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Big Bold Goal for Communications
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Big Bold Goal for Finance
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Big Bold Goal for Measurements
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What is sustainability?

• 1. Strong organizational vision supported by
  effective operating systems.
• Walking our talk strategic plan and business
  plan
• Policies and procedures
• Leadership and Followership the right team
  whose goals and duties are connected to strategic
  and business goals

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What is Sustainability?

• 2. Dynamic programs that meet the evolving needs
  of clients along a continuum
• Start with the experience you want to create
• Talk to your clients
• Innovation is an incremental process try new
  things
• Sow, grow, harvest plow

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What is Sustainability?

• 3. A diverse funding mix
• Fees Think like a business product and client
  mix,
• Grants and contracts (public and private)
• Corporate
• Individual

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What is Sustainability?

• 4. Powerful metrics
• How do you know if you are succeeding?
• What should you be measuring?
• What is your impact?
• Microtest Provides comparison
• Do your own

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Program Discussion

• How comprehensive must your services be? Do we
  have to do everything ourselves?
• Potential partners?
• License or develop?
• How many components can you build simultaneously?
• How do we monitor program quality?
• Marketing Advertising on a small budget.

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Fundraising Discussion

• Where do we start?
• How do we get our board to fundraise?
• What information should we be sharing with our
  funders?
• What do we do when we dont meet the goals we set
  in a grant proposal?

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Operations Discussion

• Policies and Procedures what are the must-haves
  for a start-up?
• Do I have to recreate the wheel?
• Staffing hiring and firing.
• How do I retain valued employees?

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Planning Discussion

• What is the difference between a Strategic Plan
  and a Business Plan?
• How long-term must your view be?
• What barriers do you see to your organizations
  success?
• Do you have a support system? A model, mentor or
  coach?

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Leadership Discussion

• What does it mean to be a learning organization?
• How do you perceive your board?
• How do you recruit, train, cultivate and support
  your board?
• How are decisions made?
• How do you recruit and develop staff?

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Leadership Discussion (contd.)

• How do you empower your staff to develop and
  demonstrate leadership?
• How do you acknowledge staff and volunteers?
• Do you celebrate your achievements?
• How do you invest in your own personal and
  professional growth to meet the needs of a
  growing organization?

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Financial Management Discussion

• What does your budget process look like?
• Are staff members involved? Do they manage to
  the budget?
• Do you have a finance committee? What is their
  role?
• Use of credit

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Resources - Books

• Built to Last, Collins and Porras
• Good to Great, Collins
• Forces for Good, Crutchfield and Grant
• The Art of Possibility, Zander and Zander
• High Performance Non-Profit Organizations, Letts,
  Ryan and Grossman

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Resources Reports

• The Dynamic board Lessons from High-Performing
  Nonprofits, McKinseyCompany
• http//www.mckinsey.com/clientservice/socialsector
  /resources/governance.asp

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Resources - Handouts

• WEV Staff and Board Commitments
• Board Role Clarification
• WEV History and Context Maps
• Email me mbailey_at_wevonline.org

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Womens Economic Ventures
Dream. Act. Lead.