Nonprofit
A nonprofit is an organization that uses any profits it makes to achieve its goals. Nonprofits can include foundations, charities, and some universities. They are generally funded by donations and associated fundraising. Nonprofits are typically tax-exempt, but in most countries, strict bylaws govern their creation and operation. These and other regulatory oversights can present unique challenges for managers. Structurally, a nonprofit can have a board of directors that participates in decisionmaking.
Related Articles
Executive Education: a Path to the C-Suite
By Seb Murray on Sep 20, 2023
Business schools are now offering programs that help fast-track executives to the upper echelons of business
Executive Education Proves Resilient to Economic Pressures
By Seb Murray on Mar 24, 2023
Schools are cautiously optimistic that demand can be sustained now that companies are making difficult choices on costs
Business Schools Forge Ahead with Online Courses
By Seb Murray on Jan 27, 2023
Even as pandemic restrictions have been loosened, online methods of delivery have become a permanent fixture of executive education, swelling digital enrolments
Executive Education Courses in Social Entrepreneurship and Nonprofit Leadership
By Seb Murray on Oct 13, 2021
A business school course can support a social enterprise so that it can generate sufficient economic impact and ensure its survival