Management and Nonprofit Business Administration workshop in Rome for PMC Fellows
From the 13th to the 16th of September 2018 our PMC – Master in Project Management fellows were at the Polo Didattico in Rome to participate in a workshop on Management & Nonprofit Business Administration.
The workshop was led by five excellent professionals and lecturers: Silva Ferretti (Independent Consultant, Humanitarian/Development professional), Alessandra Cianchettini (Innovation Coach, Co-founder and Member in Cocoon Projects), Marco Crescenzi (Social Change School’s Founder and President), Cristiano Gavarini (HQ Finance Policy Advisor at INTERSOS), and Stefano Oltolini (Head of Fundraising at Soleterre Onlus).
The first day was dedicated to an introduction to “THEORY OF CHANGE: Institutional requirements, strategic planning – building, vision and mission of Nonprofit Organizations” delivered by Silva Ferretti. Students had a first contact with Strategic Planning, Strategic Model, SWOT Analysis and Generation of Vision, Mission and Strategic Goals, learning how this Theory is used in the Nonprofit Sector. The main output of this first lecture was the understanding of the fundamental importance of the Theory of Change to generate a real Social Change.
On the second day, the morning was spent with on “STARTUP AND SOCIAL ENTREPRENEURSHIP” and to analyse Business Model Canvas as international standard with Alessandra Cianchettini. Fellows learnt the main issues and risks about startup companies and services and how they can approach entrepreneurial initiatives.
In the afternoon, Marco Crescenzi focused on “PROJECT FINANCING FOR THE SOCIAL START-UP”, exploring the financial supply plan with the students. This workshop focused on how to manage the financial parameters and understand how to design the funding mix for the start-up of a project.
On the third day, Cristiano Gavarini’s workshop about “FINANCIAL MANAGEMENT” was dedicated to exploring the main phases of building an income statement, as well as the main parameters and factors of a project’s sustainability: break-even point, cash flow, net present value. In the afternoon, the lecturer focused on the key concepts of Business Plan and Financial Management.
The fourth day was dedicated to the workshop on
“TRUST FUNDRAISING. Working with Grant-Making Foundations”. During the first part of the day Stefano Oltolini focused on going through the terminology about a Trust and Grant-Making Foundation, as well as the presentation of the current scenario of the major Foundations in the world. In the afternoon, a laboratory about how to profile a Grant-Making Foundation was launched, during which the students learnt the 5 phases of the Foundation Partnership Cycle Management in a practical case study.
At the end of the workshops, fellows were very satisfied, particularly happy about the opportunity they had to practically apply the tools and standards learnt during the lectures and the topics discussed.
The objective achieved in this series of workshops was to give students an overall understanding on how to create a project using a logical framework (through Theory of Change or Canvas), as well as which tools are needed to turn a project into reality (through Business plan).