To stay competitive, companies across various industries must continually update their technology to keep pace with advancements and avoid being obsolete. While this holds for businesses in almost every sector, nonprofit organizations (NPOs) are often constrained by tight budgets and poor access to technology. This puts them at risk of being left behind.
The resource dependency theory suggests that external resources significantly influence organizational behavior. Nonprofits are mainly dependent on outside aid to achieve their goals. This makes them highly vulnerable to minor external fluctuations. Currently, technology is at the core of most business operations, meaning nonprofits must adapt swiftly.
However, considering the sector’s frequent budget constraints and the rising shortage of personnel, how can nonprofits effectively pursue this goal? We understand the liquidity, budgetary, and skills constraints nonprofits face. Working very closely with NPOs in the last few years, we’ve discovered many common issues that nonprofit organizations face and the approach they must take to address them. We now want to share this secret with you.
Watch this webinar to understand how nonprofits can leverage technology by overcoming challenges such as tight budgets and poor access to technology.