Organizations such as Goodwill Industries and the Camp Fire Girls of America have endured for more than 100 years. The key to their survival is change, not more of the same, their leaders told a business school audience
It's rare for an organization to be around 100 years or more. Some research says there's a 1 in 10,000 chance. A handful of the United States' well-known nonprofits have bucked the trend, however, and their CEOs shared lessons learned with an audience at the Stanford Graduate School of Business.
This piece originally appeared in Stanford Business Insights from Stanford Graduate School of Business. To receive business ideas and insights from Stanford GSB click here: (To sign up: https://www.gsb.stanford.edu/insights/about/emails)