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Pitcher Partners has announced the release of its Not-for-profit (NFP) survey.
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Pitcher Partners survey looks to the future
18 February 2022
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The survey will seek to engage with the sector by “unveiling organisations’ strategic plans towards the changing NFP landscape, current human resourcing challenges and the prospect of adopting new technology to assist in bettering processes”.
The survey is designed to gain industry insights with the aim of ensuring that NFPs are supported in overcoming the projected challenges posed to the sector, while also capitalising on any opportunities present to them.
The survey will particularly focus on the financial, governance and capital management elements of the sector while also asking respondents to “disclose their governance priorities, predicted changes they believe will affect their financial support and the factors driving investment in environmental, social and governances (ESG)”.
Wealth advisory executive director at Pitcher Partners Perth, Christian Golding, firmly believes the survey will prove pivotal in understanding the future challenges faced by NFPs, with specific regard to post-COVID long-term sustainability.
“The survey is forward focused as it seeks to unearth the difficulties NFPs are predicting to face within the next three to five years. It particularly focusses on financial concerns and challenges, which has been a pain point for NFPs for some time now,” Mr Golding said.
His sentiment was shared by Melissa Alexander, business advisory and assurance partner at Pitcher Partners Sydney, who stated: “[I]t is important to understand the anticipated long-term challenges so that comprehensive strategic planning can be adapted, making it possible for issues to be tackled uniquely and thoroughly.
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“If a pattern is reoccurring and it is expected to only worsen in the future, then it is our responsibility to understand the issue now so that we can help them address it proactively, mitigating the potential effects in the future.”
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