Day Job Syndrome
pic from natabramble
The “Day Job Syndrome” represents the fact that the day to day operations of the nonprofit prevents most senior management and Board members from adequately developing and implementing strategic plans. It is especially in this area that outsourcing the facilitation and leadership of a 3-5 year strategic plan that consultants can best help. These business advisory services to nonprofits on an ad-hoc basis can be: business development, strategic planning, internal reviews, system design, procedural protocols business plan, capital structure, mergers & acquisitions services, and fundraising.
Another aspect to outsourcing is to access the professionals to help with regulatory services, especially in the area of government compliance. The one aspect to compliance is to standardize financial reporting and operations of nonprofits through its required reporting which complies with GAAP, federal and state requirements.
