Fail Early, Fail Cheaply: 4 Steps to Vetting New Opportunities for Your Organization
Taking on too many opportunities comes in the form of mission straying, donor confusion or staff burnout. With any social enterprise there is risk, but understanding what opportunities to take on and planning strategically can help prevent failure. Making opportunity assessments can determine the viability of a potential program or endeavor.
Social Impact Architects has a four-step process for assessing an opportunity:
- Select Opportunity
- Establish decision criteria
- Assess internal capabilities
- Analyze and rate criteria
For more information and to read the full article, click here.