Human resource costs can represent a large portion of an organization’s budget. They also come in a variety of shapes and sizes: hourly, salary, permanent, temporary, contracted, etc. This blog provides a range of methods to estimate these costs. A key feature is that there is not a one-size fits all solution.
Volunteers and Non-Profit organization members are a rare commodity. They are hard to find, difficult to screen, expensive to replace/retain and then vanish without warning.
As a result of a private research project I am engaged in, I wonder what exactly is the definition of a volunteer, non-profit or a member of a non-profit. There are a few other blogs I wanted to write concerning these things but I kept on coming back to the question, but what exactly is a ….?
Continue readingI recall sitting in a board meeting for a non-profit I was involved with years ago and the budget process came up. Specifically the word ‘budget’ meant to different things to different board members.
In a previous blog, Co-Opetition at 20-Something, I gave myself a memory jog for the book of the same name. One of the reasons I was re-reading this book was to know what the concept has to say about Co-Opetition and Non-Profits [1].
Continue readingIn my ongoing effort to remember what I have read, some notes (aka memory jogs) on the book “Co-Opetition”, by Adam M. Brandenburger, Barry J. Nalebuff [1]. First published in the mid-1990’s, this is not a new book. But, with increasing global competition and the rise of the virtual business place due to COVID, perhaps one that should be revisited.
Continue readingAs a member in MEC, I exist in two different forms. I am a customer for a retail outlet and I am a member (shareholder) in a cooperative.
I spent my professional accounting career in the realms of strategy, governance, information technology, public sector and peripheral fields such as risk or project management. Although I have not done financial analysis in awhile, it is still fun to dust off the old neurons and see if they still work.
This weekend, September 26-27, 2020, is important for the Canadian retailer, MEC (formerly the Mountain Equipment Cooperative). A British Columbian court will decide if MEC should be sold to a private equity firm [1]. A grassroots group, SaveMEC, has raised funds and support to oppose the sale. It hopes to send 10,000 letters to the creditors to convince them to delay the sale for a fortnight while alternatives are sought. This blog is 1/10,000 of this support – and some thoughts on alternatives.
In my ongoing efforts to remember what I have read, some notes on the book, The Halifax Explosion by Ken Cuthbertson.
