The 95-Year Old Startup Messy mission-driven change May 7, 2019 - PowerPoint PPT Presentation

The 95-Year Old Startup Messy mission-driven change May 7, 2019

FOUNDATION HISTORY “I never made a dime talking” - S. S.S. Kresge, Har arvard dedication (c (comple lete text)

FOUNDATION TODAY ARTS & DETROIT EDUCATION AMERICAN CULTURE CITIES HUMAN SOCIAL ENVIRONMENT HEALTH SERVICES INVESTMENT PRACTICE

KRESGE TODAY

THE CAPITAL CHALLENGE 5

A VERY DIFFERENT CAPITAL CHALLENGE

SHIFT: START WITH ONE TOOL

SHIFT: STRETCH IT!

SHIFT: CONNECT IT TO STRATEGIES

SHIFT: ET VOILA!

IT JUST TAKES…

MCKINSEY CHANGE MODEL

…OR IN PLAIN LANGUAGE If you want to drive change, you’ve gotta … 1. Expla 1. lain why 2. 2. Role mod odel it it 3. Mak 3. ake it it eas asy 4. 4. Mak ake it it rewardin ing

EXAMPLE: STRATEGIC TRANSFORMATION Tempo of strategic engagement Program strategy refresh Board retreat ~5-6 years Program ~3 years ▪ Do our strategy review assumptions Year-end still hold? ▪ Where are meeting ~2-3 years ▪ Are we still on we as a the right path, foundation? Board working on the Annually ▪ Is it working? ▪ What are we books biggest issue ▪ What have we missing? in the most Board work ▪ Are we accomplished? effective way? ▪ Where are Quarterly groups (by ▪ What has comfortable ▪ If not, what we on our program) with we’re changed in the are we going strategic world? going? Cadence Semi-regular to do about it? ▪ What are we trajectory? ▪ What, if ▪ What have up to? anything, ▪ What is we learned? needs to ▪ What is Questions clearer to the change in our clearer to WG since we strategy? staff since we last met? last met?

EXAMPLE: CROSS-TEAM GRANTMAKING From 3% to 20%+ of Kresge’s grantmaking Evolution of Cross-Team Investment “Four fenc e- Launch 3 major cross- Incentive fund posts” team initiatives “Good Pitch” Dedicated Define goal… in 0.5 FTE job description

EXAMPLE: CROSS-TEAM CATEGORIES Categories of cross-team work

EXAMPLE: RACIAL EQUITY JOURNEY Phase II: Organizing – May to Sept 2017 Phase I: Normalizing – Jan 2017 to May 2017 Phase III: Operationalizing – Sept 2017 – June 2018

Heart and Head

TODAY: RESPONSIVE GRANTMAKING 1. To more directly 2. To address 3. To craft a explore Kresge’s impediments to portfolio of “opportunity” responsive opportunity that fencepost cut across investments - that hold the programs potential for more enduring change

CURRENT PRIORITIES Opportunity Fund grantmaking Strengthening Protecting Democracy Human and Civic Dignity Agency Increasing Access to Justice

Ari riel el Sim imon Vice President, Chief Program & Strategy Officer The Kresge Foundation asimon@kresge.org Kresge.org @kresgefdn | #KresgeFdn 21