7. Your organization has just unexpectedly received a $1,000,000 financial gift from a private foundation to use as you please. What do you do with it?
Create a contest among staff for the craziest idea of how to use the funds. Throw a party for the winner!
Become a platinum sponsor for the Tough Mudder military-style obstacle course and encourage our employees to participate.
Create an over-the-top marketing campaign for our latest offering – because we can. Push the boundaries a little bit. (Great for publicity!)
Invest it all directly into the business. Hire additional salespeople and staff that can expand our territory into neighboring regions.
Create and host the first annual Entrepreneurial Business Bootcamp for high school and college students.
Start a matching crowdfunding campaign to help needy families right here in the local community. After all, help starts at home.
Finally add on a daycare center in the office for employees who need affordable childcare during the day.
We value what our stakeholders and/or employees think. Plan a team-building corporate retreat at a coastal resort. In addition to having a brainstorming session, everyone can grow stronger together as a team.
Start a foundation to benefit an underserved people group.
Fund a clinical trial or usability test to demonstrate and prove how well our product / service works. This would be great for our before and after comparisons.
First things first. Get online and start researching options for updating the equipment we’ve been wanting. Read every review we can find. Keep track of pros and cons in a spreadsheet.
Give each employee an extra Christmas bonus this year as appreciation for all of their hard work.