July 18, 2019
Capacity Building as Capital Building
Capital has been defined historically as an enduring asset that can produce more assets. While initially conceptualized in terms of money, financial instruments, and durable goods like buildings and equipment, today there is growing recognition that intangible assets such as knowledge, relationships, and reputation are equally essential to value creation and organizational success.
Can we, as independent school boards, do better at preparing our institutions for long term success and sustainability by rethinking our traditional views of capacity building? Nonprofit Quarterly offers an article that discusses 6 categories of 'capital assets' that we should be focusing on maximizing to strengthen our institutions. See the chart below for a quick reference and read the article that might influence your mindset and the conversations you are having with your Board.
Non Profit Quarterly, July 16, 2019 : "
Nonprofit Capacity Building: A Multiple-Capitals Approach