Board Training: Where Funding Intersects with Strategy:
As a C-Suite Team or Board member, you may be wondering how your organization will recover from the pandemic and its economic downturn. Will your bottom line be sufficient to achieve your strategic goals? Setting your strategic direction in challenging times is never easy. Our Funding Strategists have worked with Boards of multi-billion-dollar concerns as well as with smaller organizations. We can guide you toward that sweet spot where funding and strategy intersect through a series of customized deliverables:
We listen to you. We assess your current strategic plan and vision, evaluate your funding needs, and find the gaps between your present funding position and what you will need in new or expanded funding opportunities to fulfill your strategic vision.
We share our knowledge with you. We provide training and education on how to turn your organization’s potential into the basis for a comprehensive and goal-oriented funding strategy, and
We build you a roadmap. We develop a funding roadmap that will address your strengths, prioritize your focus on specific opportunities, and direct you in meeting your funding objectives.
Process Re-engineering
Every business has unique processes that share a common goal – to deliver high-quality, repeatable results as efficiently as possible. Internal factors change, such as, policy, staffing, financial performance, non-compliance with required regulations, resources turn over, or technology is enhanced, and services are added. External factors such as new market opportunities, increasing competition can also impact existing processes which become less viable over time resulting in a misalignment of the work workflow to goal nexus and trigger the need to consider Business Process Re-engineering (BPR).
The Funding Advantage team will use BPR in three phases; (a) analysis, (b) design, and (c) implementation, to support your organization’s specific needs by examining relevant, current business processes and objectives, identifying specific areas for enhancement, and recommending changes that will improve performance by increasing the efficiency and effectiveness of existing processes. Our Funding Strategists, collaborating with your team, will rapidly reengineer core business processes, implement changes to resolve specific challenges, write and or rewrite required policies, and provide required training of existing staff. A final report of finding and recommendations will be provided. Our goal is to enhance your organization’s efficiency, maximize resources, improve customer service, cut operational costs, and ensure compliance with existing and emerging regulations.
Strategic Partnership Building
The Funding Advantage team has over two centuries of collective experience collaborating with and successfully supporting nonprofit and for-profit organizations. We have teamed with small rural hospitals, multi-state health systems, national associations, and nationally recognized non-profit organizations to secure funding to improve the quality of life for millions of Americans. This work gives our Funding Strategists the unique perspective of how to enhance your grant, co-operative agreement, and federal contracting capabilities, and to develop a strategic plan for making these connections with organizational decision makers.
Pre and Post Grant Award Compliance
Our experienced Funding Strategists are well positioned to assist both small non-profit organizations or large academic institutions to build or assess their internal control system for managing grants and contracts, provide reasonable assurance for the safeguarding of these assets, determine the reliability of financial information, and the compliance with laws and regulations. Below are specific areas our assessment of your new or existing grants office will cover. Please contact us at gwenmathews@gwenwmathewsconsulting.com for a more detailed explanation of the Pre-Award and Post-Award Assessment
Financial Reporting System
Accounting Records
Policies and Procedures
Program Design and Implementation
Other Foundational and Compliance Areas
Concierge Services
Whether you need help in hiring new staff for your grants office or developing your standard operating procedures manual, guiding board members through strategic planning process, long-term planning with your C-Suite team, or help in thinking outside the box when solving problems, the Funding Advantage team is prepared to provide the support needed for your organization to survive and thrive.