137: What is your Fundraising Data not telling you?
This episode demystifies the topic of fundraising data. Collecting, analysing and making decisions based on data is a critical component of strategic thinking. I delve into how important it is to really understand what your data is not telling you, as well as what it is.Let me help you see what data you need to be collecting and the mindset you need in order to analyse it with strategic verve.In this episode you’ll hear of the necessary tracking of input and output data in relation to your donations. Looking to measure the effectiveness of each fundraising activity will be of great help once you have an accurate picture of a number of components. I’ll explain in depth the following:The input going into each activity:budgetstaff timevolunteer/prospect/donor goodwillThe output from each activity:knowledge objective: awareness of fundraising projectbelief objective: buy-in for transformation the project will deliverbehaviour objective: donationsListen in for the breakdown and further advice on the reflection stage in the process.Don’t be overwhelmed by the data element of all this! It’s a mindset too.References and ResourcesEpisode 116: Three Strategic Fundraising Choices Episode 027: Boost your Major Gifts with ‘Moves Management’ Episode 131: Efficiency Tools for Schools Episode 130: Take Control of Your Time Discover more about the Planning Workshop for School Support StaffThank you so much for listening to The Independent School Podcast. I would be grateful if you could spare a couple of minutes to send me some feedback here. This helps me make the podcast as helpful as possible to listeners. Thank you!