This story is part of “Built to Last,” a look at how some recession-battered nonprofits emerged stronger and more resilient.
Nonprofit management experts suggest a few ways to prepare for the next recession — whenever it comes.
Identify core staff
Organizations should work to retain key employees they would like to keep during recession-induced layoffs, says Katie Smith Milway of Bridgespan. “In good times, you need good people; in tough times, you need fantastic people.”
Strengthen board relationships
We're sorry. Something went wrong.
We are unable to fully display the content of this page.
The most likely cause of this is a content blocker on your computer or network.
Please allow access to our site, and then refresh this page. You may then be asked to log in, create an account if you don't already have one, or subscribe.
If you continue to experience issues, please contact us at 202-466-1032 or help@chronicle.com