Stealing Smart: For-Profit Best Practices for Nonprofits

Add the influx of business professionals entering the nonprofit field or partnering with nonprofit organizations, and you see more and more "business practices" getting adopted by nonprofits.

That doesn't necessarily mean nonprofits should actually run like a for-profit. That would be problematic on many fronts — namely that for-profit entities are out to increase the bottom line and appease shareholders, while nonprofits are out to achieve their missions and serve their constituents. Just ask Nonprofit Coach radio host Ted Hart, CEO of Charities Aid Foundation (CAF) of America and president of CAF Canada.