Forbes Columns

Business Strategy For The Social Sector: In Praise Of Economist Sharon Oster’s 6 Forces Model

To succeed, must nonprofit leaders treat their organization as rigorously as a business? Must they heed the core lessons of business strategy? Yes, definitely. Or must they recognize that a nonprofit is fundamentally different from a for-profit enterprise? Must they learn to operate in an environment unlike the one that business leaders are used to navigating? Yes, definitely.

Working through that apparent conundrum is central to the task of strategic leadership in the nonprofit sector. High-performance nonprofit organizations, we have learned over many decades of studying them, closely resemble high-performance companies—except for crucial ways in which they don’t resemble companies at all.

Read more about the value of Oster’s 6 Forces Model in our Forbes column here.

August 13, 2018, in Forbes Columns

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