While public health concerns remain top of mind, we know many leaders are also thinking about the unfolding economic consequences of the COVID-19 pandemic. How can you be smart about finances to minimize impacts on your employees and the communities you serve?
Partner Lina Bankert has been at Bellwether for eight years, supporting school systems, foundations, organizations, and others on their key financial and strategic decisions. In the conversation below, she offers some guiding principles for education organizations as they navigate the public health and economic crisis facing our country.
This conversation has been edited for length and clarity.
Why are we even talking about financial planning when a crisis is still unfolding?
Part of the challenge of this scary and unsettled time is that we don’t know how long things are going to be shut down, when the economy will recover, when we can travel again, or what the new normal will look like. A plan can help you weather uncertainty. Continue reading