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Not-For-Profits: Delivering Maximum Value by Striving for Financial and Operational Excellence

 
  Howard Goldman, Partner, CFO Edge, LLC  
   
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  Article Summary  
Like leaders of for-profit companies focused on maximizing shareholder return, not-for-profit leaders should be focused on delivering maximum value to their constituents.

Needed is a rigorous approach when it comes to smart and efficient management of the organization and its resources, and it can be beneficial to bring in an experienced CFO with a career in the for-profit world to help achieve financial and operational excellence.

This article looks at the advantages of hiring a part-time CFO and reviews six specific services a resource of this nature can deliver to not-for-profits.

Realizing the need to bring in a high-level financial executive and yet often not large enough to require or budget for a full-time CFO, Los Angeles and Southern California not-for-profit leaders should consider a provider of outsourced CFO services to deliver cost-effective, focused solutions to specific challenges facing their organizations.

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