Financial impact
Do we have enough cash reserves for operational expenses for at least the next three months?
How can we ensure liquidity in our cash flow?
Should we consider getting a loan?
How can we rethink lost donor/sponsor revenue?
Is it insensitive to fundraise now or in the coming weeks?
- What should we do about our upcoming gala or fundraising event?
Should we accept our insurance coverage at face value?
What's the exit clause on our contract obligations?
How can we gain market share in a competitive ask for donations?
- Online auctions?
- Online AGM?
- Online support, learning, coaching?
How does working from home and other business processes change to reduce costs?
How does technology aid in cost savings?
How can technology encourage donor support?
Workforce strategies
Do we have the technology to support working from home? (e.g. devices, email, remote meetings, collaboration)
Who qualifies for wage subsidies, and how will access be provided? What are the rules and timing?
How will we support mental health? (e.g. wellness programs, connecting and coaching with compassion)
How will we provide information to employees about financial debt/support?
How will we manage over capacity and increasing demand for our social agency services? (e.g. food banks, shelters)
Communication strategies
Do we have a communication strategy that helps internal and external stakeholders (i.e. employees, volunteers, donors, sponsors and local regulators) feel reassured and understand what our plans are?
Crisis management
What are the best strategies to maintain our investment portfolios, especially in the Education sector?
How will we manage new projects to support Healthcare mobilization (i.e. Pop-up Hospitals)?
What business process can we use to promote social distancing and virtual appointments?
What about our audit capabilities? Can we digitize our records to keep our audit moving forward?
Risk management
What's our assessed risk and mitigation strategies for cyber fraud? Should we perform a risk inventory or consider outside facilitation?
Tax implications
Can we extend our tax filing deadlines?
What should we file first? (GST rebates will help cashflow as the government pushes to release funds quickly)
Technology enablement
Are we in front or behind the digital transformation curve in comparison to others in our industry?
With 70% of the not-for-profit workforce being women, how do we empower this demographic?
How digitally mature are we to adapt to the cloud and remote working?
Is our data secure enough to be accessed from outside our bricks and mortar office?
Beyond the crisis
What does our back to work strategy look like?
How will the way we do business change because of COVID-19?
What technology or digital transformation do we need to engage in now that will also support future operations?
Financial impact
Do we have enough cash reserves for operational expenses for at least the next three months?
How can we ensure liquidity in our cash flow?
Should we consider getting a loan?
How can we rethink lost donor/sponsor revenue?
Is it insensitive to fundraise now or in the coming weeks?
- What should we do about our upcoming gala or fundraising event?
Should we accept our insurance coverage at face value?
What's the exit clause on our contract obligations?
How can we gain market share in a competitive ask for donations?
- Online auctions?
- Online AGM?
- Online support, learning, coaching?
How does working from home and other business processes change to reduce costs?
How does technology aid in cost savings?
How can technology encourage donor support?
Workforce strategies
Do we have the technology to support working from home? (e.g. devices, email, remote meetings, collaboration)
Who qualifies for wage subsidies, and how will access be provided? What are the rules and timing?
How will we support mental health? (e.g. wellness programs, connecting and coaching with compassion)
How will we provide information to employees about financial debt/support?
How will we manage over capacity and increasing demand for our social agency services? (e.g. food banks, shelters)
Communication strategies
Do we have a communication strategy that helps internal and external stakeholders (i.e. employees, volunteers, donors, sponsors and local regulators) feel reassured and understand what our plans are?
Crisis management
What are the best strategies to maintain our investment portfolios, especially in the Education sector?
How will we manage new projects to support Healthcare mobilization (i.e. Pop-up Hospitals)?
What business process can we use to promote social distancing and virtual appointments?
What about our audit capabilities? Can we digitize our records to keep our audit moving forward?
Risk management
What's our assessed risk and mitigation strategies for cyber fraud? Should we perform a risk inventory or consider outside facilitation?
Tax implications
Can we extend our tax filing deadlines?
What should we file first? (GST rebates will help cashflow as the government pushes to release funds quickly)
Technology enablement
Are we in front or behind the digital transformation curve in comparison to others in our industry?
With 70% of the not-for-profit workforce being women, how do we empower this demographic?
How digitally mature are we to adapt to the cloud and remote working?
Is our data secure enough to be accessed from outside our bricks and mortar office?
Beyond the crisis
What does our back to work strategy look like?
How will the way we do business change because of COVID-19?
What technology or digital transformation do we need to engage in now that will also support future operations?
