Top 10 Tips for Building a Generous Business
More and more business owners are being influenced by the generosity message. There is a growing need for practical insight on how to create a generous business. If you’re considering making the move, here are “Top 10 Tips” to help to jump-start your thinking:
#1. Make Sure the Business is Strong and Respected
You can’t have a successful giving program without profits. Taking care of your customers and providing great service and products is imperative if you want your customers to support you in this endeavor.
#2. Lead by Example
Make a personal commitment of your own time, talents, and money. Don’t ask your staff to do something you aren’t willing to do yourself.
#3. Include Stewardship in Your Mission and Vision Statement
Make your goals more powerful and meaningful by going beyond just being number one in your market.
#4. Set Giving and Relationship Goals
You may want your initial goal to be ambitious and fun (e.g. percentage of profits, total dollars, involvement, alliances built, volunteer hours). You use business metrics, so why not use giving metrics? Measure results, not just dollars.
#5. Empower Your Staff and Their Families
A “generous business” starts with the owner and leadership team but cannot be accomplished without broad staff involvement. True transformation happens as your whole staff and their families become owners and shapers of the vision.
#6. Be Creative, Take Risks
Get creative, when it comes to giving programs, and add them progressively as the giving culture grows and skills are developed. Support new ventures and passionate people.
#7. Develop Guidelines for Focused Areas of Giving
Be careful about where money goes because your reputation goes with it. Draw boundaries that you and your staff can live with.
#8. Recognize That It’s Not About the Money
It’s about building relationships and changing the hearts of your staff, your change partners, and the lives of people you are reaching.
#9. Learn from Mistakes
Don’t be afraid to experiment and change. Find what works for you. Use mistakes in grants or programs as opportunities to learn.
#10. Celebrate Giving Successes
Develop programs to recognize the impact of your company and staff. Bring out the joy for everyone!
We’ve helped a few business successfully implement “generosity” into their business plan and corporate culture. We’d love to help you and your business too.
[Material for this post taken from an article by the National Christian Foundation.]
