Course blog for American University PERF-570, Fall 2014
This past week’s readings about nonprofit versus for profit organizations got me thinking about one of my favorite TED Talks- Dan Pallotta’s The Way We Think About Charity is Dead Wrong. Our readings outline the direct benefits a nonprofit status has on the functionality of the organization, but don’t address the effects of a nonprofit structure on employees or overall organizational health. In his talk Dan Pallotta argues that in order to attract top tier talent to the nonprofit sector, there has to be a significant financial incentive, and that people should be rewarded financially for contributing to the wellbeing of others, just as they are rewarded financially for contributing to the wellbeing of private corporations. I’m not sure where I’ll stand with this idea by the end of the semester, and would love to hear what my classmates think!