No Money, No Mission: The Importance of Strong Financial Management through Leadership Transitions
Event Details
This event is offered in partnership with the Minnesota Council of Nonprofits (MCN).
Organizational leaders of all levels need to learn how to make sure their finances can survive an expected or unexpected leadership transition. With many retirements on the horizon and continuing increased pressures on our organizations, the sector will continue to see significant leadership turnover. When finances only live in one or two people’s brains, things can fall into disarray quickly! And as we all know, good financial management – and accountability! – can make or break an organization. During this session you will learn how you can be better prepared with your finances and financial management for a transition, and how to navigate the transition once it happens.
Learning Objectives
- Understand the financial risks and vulnerabilities associated with leadership transitions
- Identify key financial information, processes, and documentation that should be institutionalized rather than held by individuals
- Learn practical strategies to strengthen financial continuity and accountability before, during, and after a leadership change
- Gain tools and practices to support a smooth financial handoff and maintain organizational stability during transitions
For More Information:
Cost + Registration
- MANP members save $20!
- MANP members $50 / Nonmembers $70
- Enter code NCN when registering to receive the member discount. Please note that a separate user account is required on MCN's website to register.
- This virtual event will take place on the Zoom platform. Your access link will be emailed to you the day before the event after 1 p.m.
- This session will be recorded. The recording will be made available to registrants after the live event.
- Captioning is provided automatically through Zoom. For information on requesting CART, ASL, or another accommodation, please visit MCN's Registration Policies page.
- To learn more about events, registration, and payment, visit MCN's Event & Registration FAQ page.
About the Presenter
Melissa Martinez-Sones started consulting in 2014 and has helped define the spirit of our brand with her passion for community and skill at moving clients and projects forward. Melissa brings a wealth of leadership, facilitation and project management experience from her work with neighborhood organizations in both Minneapolis and Saint Paul. She’s been an Executive Director for two neighborhood organizations, worked as a Councilmember’s Aide, developed internal policy for the City of Minneapolis, and worked on several complex projects involving a wide variety of elected officials, constituents, and community partners. She focuses on working with all stakeholders to achieve solutions to challenging issues.
Melissa has a Bachelor’s degree in Urban Studies and Sociology from Hamline University, and a Master’s of Public Affairs from the Humphrey School at the University of Minnesota where she received the Thomas H. Swain Fellowship in Public Leadership.