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Human capital is the most valuable asset in the social sector. Developing an effective human capital strategy enables nonprofits to grow, scale, and achieve greater impact. In this audio lecture from the Stanford Social Innovation Review’s Nonprofit Management Institute, Omidyar Network partner Sal Giambanco discusses how nonprofits can create a recruiting framework and demonstrate organizational value to employees. He explains how to attract and engage an excellent team. By sharing examples from his years of coaching nonprofit executives from around the world, he explores questions such as: How do you attract the right talent to your organization? How do you enable them to be successful? How do you build a talent pipeline to engage future leaders? In this lecture, Gimabanco discusses techniques a nonprofit can use to execute a successful human capital strategy.
Using a social return on investment framework, organizations can estimate the future impact, cost, and scale of programs before they begin, and allocate resources for greater impact.