Using the Matrix Map to Reimagine Your Business Model
April 6 @ 1:00 pm - 2:00 pm$59.00
Every single decision organizational leadership makes affects a nonprofit’s ability to accomplish its mission and be financially viable. As a result of the pandemic, many organizations will need to revisit and adjust their business models. Doing so may be driven by the financial realities the organization faces, but it needs to reflect the dual bottom line of nonprofits – impact and profitability. Holding these two components together – even in times of crisis – is critical, which may require reimagining how your organization does this now, and into the future. This topic focuses on using the matrix map tool to understand and visualize the organization’s business model and determine ways to adapt moving forward.
Session Objectives• Understand the concept of the dual-bottom line and the interconnectedness between an organization’s mission impact and financial viability.• Be able to put together a matrix map to visualize their organization’s business model.• Use the matrix map to analyze and strengthen the business model.