Insights

Perspectives fromthe firm.

Field notes on financial leadership, governance, and strategy — written for the executives and boards we serve.

Financial Discipline in Mission-Driven Organizations

Mission and margin are not opposites. The strongest nonprofits treat financial discipline as the foundation that makes their mission durable.

Winning the next recompete is not a strategy. Building a firm that the government and the market both value — that is.

A board's job is not to approve. It is to govern. The difference is the difference between a healthy organization and a fragile one.