Introduction

Part of the Executive Education Online Leadership Series at Harvard Kennedy School, a series of unique online programs where participants work in groups, engage in live classes and office hours, and complete assignments by applying the concepts and frameworks they learn to their own organizations. Participants are able to utilize techniques and faculty feedback in their work as they progress through the programs and achieve immediate impact.

Nonprofit Financial Stewardship: Concepts and Techniques for Strategic Management is an 8-week online Executive Education program designed to help nonprofit and NGO leaders understand the tools, techniques, and concepts of good financial management.

 Nonprofit executives have to strike a balance between creating public value and managing the bottom line.  Sound financial management is critical to the long-term health of any nonprofit organization.  Senior executives leading nonprofits need the ability to read financial reports accurately, ask the right questions of their financial officers, and make strategic management decisions based on a solid understanding of the general business principles that apply to all organizations.

With this in mind, the Nonprofit Financial Stewardship curriculum focuses on four modules:

  • Mission, money, and impact
  • Understanding financial statements
  • Tools, frameworks and concepts in financial management
  • Budgeting and resource allocation

For each module, participants will be introduced to a set of frameworks in a case and/or reading. Participants will then have the opportunity to consider the framework’s relevance for their organizations by taking part in online discussions with their colleagues and using electronic workbooks designed specifically for the program. During each module, Faculty Chair James Honan will hold a live online session with program participants. 

September 19—October 23, 2016 | Application Deadline: AUGUST 8, 2016

Meet The Author

James Honan

James Honan

Senior Lecturer at the Graduate School of Education

James P. Honan is Senior Lecturer at the Graduate School of Education. Honan’s teaching and research interests include financial management of nonprofit organizations, organizational performance measurement and management, and higher-education administration. At Harvard, he is Educational Co-chair of the Institute for Educational Management (IEM) and is a faculty member in a number of Executive Education programs for educational leaders and nonprofit administrators. Honan has served as a consultant on strategic planning, resource allocation, and performance measurement and management to numerous colleges, universities, schools, and nonprofit organizations, both nationally and internationally. Previously, he served as Institutional Research Coordinator in the Office of Budgets at Harvard and as a Project Analyst in the Harvard University Financial Aid Office. He has also been a Research Assistant at the Educational Resources Information Center (ERIC) Clearinghouse on Higher Education in Washington, DC, and has served as Executive Assistant to the president of Lesley University in Cambridge, Massachusetts.

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