Organizational survival during Hard Times
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During the current Liquidity crisis (20% cut), what strategies/approaches and how can they be utilized to keep institutions afloat?
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Hilda, do you mind shedding more light to this?
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As the world grapples global shocks, organizations’ survival hangs by a thread. Emerging from covid-19 hiccups, and entering sudden Trump executive orders, nations especially African governments and various institutions remain uncertain of their commitments to socio-economic development. what strategies/approaches can they utilize to remain relevant and or continue their operations? and how may they go about it?
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SYAHUKA Hilda, Uganda, DOA Heeeiiii! This is a tough one and a brilliant question. In a world swinging from pandemics to political volatility, like Trump’s executive orders, resilience has become the currency of relevance. One practical approach African governments and institutions can adopt is adaptive strategy rooted in real-time data and local context. The key is agility: building feedback loops into governance, investing in human capital, and forging regional value chains that don’t crumble under global shocks. It's less about having a rigid plan and more about being structurally prepared to pivot, learn, and act fast. Staying relevant isn’t about predicting the next storm, it’s about dancing in the rain with strategy, data, and people-centred solutions.
I wrote a piece on my LinkedIn page specifically for what the USAID freeze means for nonprofit organisations - you can find it here: https://www.linkedin.com/posts/omolola-ak-fasasi-nee-lipede_the-shut-down-of-usaid-has-ripples-effect-activity-7304795664163479553-ERG5?utm_source=share&utm_medium=member_desktop&rcm=ACoAACQVAUUBk8tEGZ4TqBp_prRrXJ9q7tUusv8
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Indeed, dancing in the rain with strategy. Very interesting. Thanks for sharing the LinkedIn piece, will definitely read.
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What if, we also looked at this from the funding angle, how about approaching prospective donors in a completely different way. Instead of going to a donor with our agenda, what if, we designed a fundraising strategy with an attribute of aligning our comparative advantage with the potential donor/funder. This may help us understand the donor's priorities, enable us brainstorm ideas that fit into the donor funding portfolio, and align our business case/concepts/proposals. Kindly, what are your thoughts?