In 2007 Booz Allen Hamilton set out to help small nonprofits in the Washington, D.C. area gain access to expert advice and guidance on management and fundraising that was otherwise unattainable for them due to cost. In the four years since, the Booz Allen Hamilton Nonprofit Development Conference Series has grown exponentially and now successfully serves more than 400 unique nonprofit organizations with top tier guest speakers from around the metropolitan area who provide the sorely needed advice and guidance.
The key to this successful innovation, according to Joseph Suarez, Executive Advisor, Community Partnerships & Philanthropy, is to trade on Booz Allen’s intellectual capital and to do what they do naturally as consultants – identify problem areas and then leverage intellectual capacity to address those challenges. Suarez calls intellectual capital the “sweet spot of Booz Allen.” (more…)