And so within the nonprofit space, we’ve created a system where he/she who tells the best story is the one that’s rewarded.
Rewarding those who tell great stories is hardly limited to non-profits. Hollywood of course does this as well it should. Fund raising for new ventures does this a lot, raising money for many sorts of investment at the retail level is largely an effort of telling good stories not particularly supported by statistical fact.
Which isn’t to say that this is not a problem for non-profits, but rather that non-profits might do well to see how other industries deal with this phenomenon.
Fund raising for new ventures does this a lot, raising money for many sorts of investment at the retail level is largely an effort of telling good stories not particularly supported by statistical fact.
At least in investing the people listening to the stories eventually find out whether their investment went sour.
Rewarding those who tell great stories is hardly limited to non-profits. Hollywood of course does this as well it should. Fund raising for new ventures does this a lot, raising money for many sorts of investment at the retail level is largely an effort of telling good stories not particularly supported by statistical fact.
Which isn’t to say that this is not a problem for non-profits, but rather that non-profits might do well to see how other industries deal with this phenomenon.
At least in investing the people listening to the stories eventually find out whether their investment went sour.