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The 95-Year Old Startup
May 7, 2019
FOUNDATION HISTORY
“I never made a dime talking”
- S.
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 - - 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
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FOUNDATION TODAY
ARTS & CULTURE DETROIT EDUCATION ENVIRONMENT HEALTH HUMAN SERVICES AMERICAN CITIES SOCIAL INVESTMENT PRACTICE
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KRESGE TODAY
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5
THE CAPITAL CHALLENGE
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A VERY DIFFERENT CAPITAL CHALLENGE
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SHIFT: START WITH ONE TOOL
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SHIFT: STRETCH IT!
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SHIFT: CONNECT IT TO STRATEGIES
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SHIFT: ET VOILA!
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IT JUST TAKES…
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MCKINSEY CHANGE MODEL
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If you want to drive change, you’ve gotta… 1.
- 1. Expla
lain why 2.
- 2. Role mod
- del it
it 3.
- 3. Mak
ake it it eas asy 4.
- 4. Mak
ake it it rewardin ing
…OR IN PLAIN LANGUAGE
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EXAMPLE: STRATEGIC TRANSFORMATION
Board work groups (by program) Board books Year-end meeting Program strategy review Board retreat Program strategy refresh Cadence Questions Semi-regular ▪ What is clearer to staff since we last met? Quarterly ▪ What are we up to? ▪ What is clearer to the WG since we last met? Annually ▪ Where are we on our strategic trajectory? ▪ What have we learned? ~2-3 years ▪ Is it working? ▪ What have we accomplished? ▪ What has changed in the world? ▪ What, if anything, needs to change in our strategy? ~3 years ▪ Where are we as a foundation? ▪ What are we missing? ▪ Are we comfortable with we’re going? ~5-6 years ▪ Do our assumptions still hold? ▪ Are we still on the right path, working on the biggest issue in the most effective way? ▪ If not, what are we going to do about it?
Tempo of strategic engagement
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EXAMPLE: CROSS-TEAM GRANTMAKING
Incentive fund “Four fence- posts” “Good Pitch” Dedicated 0.5 FTE Launch 3 major cross- team initiatives Define goal… in job description Evolution of Cross-Team Investment
From 3% to 20%+ of Kresge’s grantmaking
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EXAMPLE: CROSS-TEAM CATEGORIES
Categories of cross-team work
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EXAMPLE: RACIAL EQUITY JOURNEY
Phase I: Normalizing– Jan 2017 to May 2017 Phase II: Organizing– May to Sept 2017 Phase III: Operationalizing– Sept 2017 – June 2018
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Heart and Head
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TODAY: RESPONSIVE GRANTMAKING
- 1. To more directly
explore Kresge’s “opportunity” fencepost
- 2. To address
impediments to
- pportunity that
cut across programs
- 3. To craft a
portfolio of responsive investments - that hold the potential for more enduring change
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Opportunity Fund grantmaking
Strengthening Democracy and Civic Agency Increasing Access to Justice Protecting Human Dignity
CURRENT PRIORITIES
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Ari riel el Sim imon
Vice President, Chief Program & Strategy Officer The Kresge Foundation asimon@kresge.org
@kresgefdn | #KresgeFdn Kresge.org