MBA and Business Program Students - Financial sustainability for today's NGOs
Project scope
Categories
Market research Market expansion Product or service launch Community engagement FundraisingSkills
advocacy market analysis revenue stream master of business administration (mba) consulting research budgeting lobbyingFor current employees, the Great Resignation has led to a greater willingness to leave traditional jobs for careers that offer greater personal fulfillment. This, in turn, has created a more competitive job market for recent graduates and soon-to-be graduates, who are seeking careers that align with their values and offer a sense of purpose.
The nonprofit, charitable, and NGO (non-governmental organization) sector is one that has traditionally been attractive to individuals seeking purpose and fulfillment in their careers. The sector is characterized by a mission-driven culture and a focus on making a positive impact on society, which aligns well with the values and goals of many people looking for meaningful work.
Careers in the nonprofit sector can also be challenging, as many organizations operate on limited budgets and have limited resources.
This project aims to leverage student learnings, to provide greater resource stability and sustainability for mission-driven organizations.
Students may choose from one of the following business challenges, or may devise a business challenge of their own.
- Conduct a market analysis to identify new revenue opportunities for an NGO whose mandate is to advance the rights of Canadians as they age. Analyze trends and competition in the industry, and propose new service offerings such as training, consulting, or events to increase revenue.
- Investigate the potential for an NGO to generate revenue through partnerships and sponsorships. Research potential corporate partners and sponsors and develop a proposal for how the NGO can create mutually beneficial relationships.
- Examine the feasibility of expanding an NGO's services to include advocacy and lobbying for aging Canadians. Research the potential demand for these services and propose a plan for how the NGO can create a sustainable revenue stream by leveraging its expertise in aging issues and its relationships with policymakers.
We are only too happy to provide:
- A briefing document along with a facilitated overview via teleconference of the important themes and needs for the project
- A single point of contact (POC) assigned to your course and students, with a team of experts available for questions
- Provide attribution for the project to the students and the school for its involvement via LinkedIn and on our website.
- Highlight student' work on the project to organization members, subscribers and audiences
*For those running courses outside of Canada*, we'll provide guidance and direction for the students to better understand the Canadian business (and geographical) landscape, along with openly available sources of data to be used in making their assessments.
About the company
CanAge (www.canage.ca) - CanAge is Canada's National Seniors Advocacy Organization. We are a national, nonprofit, nonpartisan organization whose mission is to advance the rights and wellbeing of Canadians as we age. While CanAge lends its focus to a wide range of issues and challenges, our policy book may help you better understand some of our prioritized areas of engagement. https://www.canage.ca/advocacy/policy-book/.
We welcome students from many varied disciplines including, but not limited to:
public policy, political science, social work, law, nursing, epidemiology, immunology, occupational therapy, psychology, family studies, public health, health promotion, gerontology, insurance, business, economics, statistics, and commerce.