Return on (fundraising) Talent

By Vera Peerdeman
On April 15, 2013 At 2:00 pm

Category : Best posts Q2 2013, human resources, Latest posts, strategy

Responses : 7 Comments

Acquisition, retention and upgrading. Who hasn’t heard of these terms? These are top priority within the policy of each fundraiser, and as fundraisers we know: costs precede profits. Even if the size of our budget poses a challenge, the programmes for acquisition, retention and upgrading are the programmes we wish to invest in. After all, we like to focus on gaining a maximum return from our donors. But what about the executors of our programmes? Are we focussing enough on gaining a maximum return from our fundraisers?

Donor Development

We often measure our own success and that of other organizations by their fundraising income. Who raises the most? Which organization has the fasted growing income? These are also the points on which we are valued in the rankings – for example, in this crowd blog.

Nevertheless, the driving force behind a successful fundraising programme is not so much the technique applied, but the fundraiser who puts this into practice. The talent of this fundraiser is thus of immeasurable value for the return of your programme. The question is therefore: to what extent do you make the development of this talent the main focus within your organization?

We all measure the Return on Investment of our fundraising programmes, but to what extent do we measure the Return on Talent of our fundraisers?

You might wonder why this is so important. Let me use the Netherlands as an example – at present we experience a large turnover of staff within fundraising organizations. Due to the considerable government spending cuts in our country, the market for fundraising organizations has grown at a fast rate and therefore also the demand for good fundraisers. Whenever a fundraiser feels underappreciated by his present employer, or doesn’t see any possibilities for professional growth, chances are high he’ll make the transfer to another organization. The sudden growth of fundraising organizations has not only meant the start of competition for our donations, but also for our fundraising talents. Yet, in relation to the investments in our fundraising programmes, the investments in training our fundraisers are scarce.

Talent Development

Therefore it is time for a well thought-out policy, and that doesn’t have to be terribly difficult. You can translate the priorities you use for your donor development programme, one-to-one, to the development of your fundraising team.

  1. Focus on acquisition. Ask yourself: how do I strengthen my team with the best fundraisers? How do I take on the competition with other non-profit organizations? And, even more challenging: how do I take on the competition with the for profit sector, where much higher salaries and interesting traineeships are offered?
  2. Focus on retention. Enter into dialogue with your fundraisers about their ambitions and, together, search for a suitable way of achieving this. Measure the satisfaction of your fundraisers and how long they remain in service on average. And, by the way, do you hold exit interviews to find out why people are leaving your organization?
  3. Focus on upgrading. Develop a programme in order to give a considerable impulse to the talent and knowledge of your fundraisers. Offer them sufficient new challenges in their work, as well as inspiration, and think about their possibilities for developing (within your organization, of course).

The talent of your fundraisers mainly determines the success of your organization. This is why you should invest in a Talent Development programme alongside your Donor Development programme. In other words: allow your Return on Investment to increase via your Return on Talent.

ROT and ROI

I would like to thank a very talented fundraiser who collaborated in writing this blog: Hans Broodman, interim manager fundraising at KWF Kankerbestrijding (Dutch cancer foundation). Thanks for the clear explanation of your vision on Return on Talent and for sharing your drawing skills 😉

Share Button
Vera Peerdeman (13 blogs on 101fundraising)

Vera wants to bridge the gap between those who give and those who receive. When speaking with donors, she notices a gap between their perceptions and expectations and those of the organizations they support. She wants to bring donors and organizations together to realize their ideals. That’s why she wrote Handbook Friendraising (Dutch). Vera is proud that people see her as a specialist in major donor fundraising. When she speaks at (inter)national seminars and congresses, she gets inspired by interacting with the fundraisers in the audience. Please feel free to call her if you’d like to talk about whether she could make a valuable contribution to your project or conference.


Add your comment

XHTML : You may use these tags : <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>



Comments

  1. Great article Vera – interesting to hear that the fundraiser shortage is a global problem. I particularly agree with #2. If you know what your team wants (and does’t want!) you won’t be surprised by a sudden desertion. I also find that I’m not fully transparent in my exit interviews because a fundraiser is so concerned with maintaing positive relationships. : )

     — Reply
    • Thanks for your comment, Siobhan. I agree with you: managers should be in constant dialogue with their team. Even when they leave the organization. It’s never too late to learn!

       — Reply
  2. Pingback: Fundraisingwoche vom 15.04.-21.04.2013 | sozialmarketing.de - wir lieben Fundraising

  3. De vraag stellen is hem beantwoorden, gok ik. Niettemin hele goede vraag, Vera! In hoeverre is hier in Nederland aandacht voor; heb je daar al zicht op?

     — Reply
    • Hi Rob, op dit moment voert Nassau een onderzoek uit onder fondsenwervers, om te achterhalen wat belangrijke factoren voor hen zijn om te blijven werken voor hun organisatie (of juist weg te gaan). We hopen hiermee o.a. een antwoord te krijgen op de vraag of er in NL al voldoende wordt geinvesteerd in Talent Development van fondsenwervers. In de vakmedia merk ik dat er in ieder geval steeds meer aandacht voor dit onderwerp komt. Wat is jouw ervaring/idee hierbij?

       — Reply
  4. Great blog. I have a new blog and I wrote today about the importance of ROI in general and tomorrow I follow it up with the importance and privilege of working for a charity as any member of staff, not just a fundraiser. It all plays its part. charitywinehouse.wordpress.com

     — Reply
    • Thanks for your reply Michael. I’ll check your blogs!

       — Reply