All organizations are focused on growth opportunities, but estimating the financial resources required for growth can be difficult. In an industry primed for heavy consolidation over the next few years, do you have the resources to be the acquirer, or does your financial position suggest you be the one acquired? Whether you are interested in growth organically or through acquisition, being able to objectively calculate where your organization stands financially is the first step most organizations have been missing.
During this session, hear from OPEN MINDS’ Senior Associate, Ray Wolfe, as he breaks down his financial assessment tool and the key metrics every organization needs to know when reviewing their financial sustainability.
Then hear from Greg Santilli, Chief Financial Officer of Hillsides, a leading health and human services nonprofit organization, who will share real-world examples of how the organization has created its own financial sustainability and the tools they used to assess service lines, create revenue diversification and cut unnecessary expenses.
During this session, attendees will:
- Identify the metrics and formulas to calculate financial growth requirements objectively
- Learn key indicators for an organization that suggests difficulty in growth without external intervention