Tech. Nonprofits Would Benefit from Adopting For-Profit Business Pract. NEW YORK--(BUSINESS WIRE)--April 18, 2006--Nonprofit organizations would benefit from adopting some of the for-profit world's basic business practices related to operational efficiency, according to results of a study released today by Accenture (NYSE: ACN).
Accenture surveyed more than 230 senior executives involved with nonprofit organizations in the United States in an effort to help nonprofits identify and address key barriers to and accelerators for achieving high performance in the nonprofit community. This study is unique in that it is one of the few studies to poll senior-level executives on both the nonprofit and for-profit sides: executive directors of nonprofit organizations and for-profit executives serving on nonprofit boards of directors.
“With the backdrop of 2005 and the unprecedented pressure put on the sector by Hurricanes Katrina and Rita, it's particularly timely to explore the challenges and new opportunities facing nonprofits.” 1. Non Profit Fundraising Software.