Subject category:
Entrepreneurship
Published by:
Ivey Publishing
Version: 2010-01-11
Length: 4 pages
Data source: Generalised experience
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Abstract
The OHNo Swim Club is a small non-profit organization whose board of directors is swayed from its mission by one of its wealthy members. In the process the club loses control of its mission, makes a decision that comes close to financially bankrupting the organization and eventually loses several members before it rebuilds itself with a stronger dedication to its mission. Through the rebuilding process, it learns the importance of choosing board members with financial sophistication, the difficulties of a start-up enterprise and the importance of maintaining a mission and communicating that mission to members.
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Abstract
The OHNo Swim Club is a small non-profit organization whose board of directors is swayed from its mission by one of its wealthy members. In the process the club loses control of its mission, makes a decision that comes close to financially bankrupting the organization and eventually loses several members before it rebuilds itself with a stronger dedication to its mission. Through the rebuilding process, it learns the importance of choosing board members with financial sophistication, the difficulties of a start-up enterprise and the importance of maintaining a mission and communicating that mission to members.