The 95-Year Old Startup Messy mission-driven change May 7, 2019
FOUNDATION HISTORY “I never made a dime talking” - S. S.S. Kresge, Har arvard dedication (c (comple lete text)
FOUNDATION TODAY ARTS & DETROIT EDUCATION AMERICAN CULTURE CITIES HUMAN SOCIAL ENVIRONMENT HEALTH SERVICES INVESTMENT PRACTICE
KRESGE TODAY
THE CAPITAL CHALLENGE 5
A VERY DIFFERENT CAPITAL CHALLENGE
SHIFT: START WITH ONE TOOL
SHIFT: STRETCH IT!
SHIFT: CONNECT IT TO STRATEGIES
SHIFT: ET VOILA!
IT JUST TAKES…
MCKINSEY CHANGE MODEL
…OR IN PLAIN LANGUAGE If you want to drive change, you’ve gotta … 1. Expla 1. lain why 2. 2. Role mod odel it it 3. Mak 3. ake it it eas asy 4. 4. Mak ake it it rewardin ing
EXAMPLE: STRATEGIC TRANSFORMATION Tempo of strategic engagement Program strategy refresh Board retreat ~5-6 years Program ~3 years ▪ Do our strategy review assumptions Year-end still hold? ▪ Where are meeting ~2-3 years ▪ Are we still on we as a the right path, foundation? Board working on the Annually ▪ Is it working? ▪ What are we books biggest issue ▪ What have we missing? in the most Board work ▪ Are we accomplished? effective way? ▪ Where are Quarterly groups (by ▪ What has comfortable ▪ If not, what we on our program) with we’re changed in the are we going strategic world? going? Cadence Semi-regular to do about it? ▪ What are we trajectory? ▪ What, if ▪ What have up to? anything, ▪ What is we learned? needs to ▪ What is Questions clearer to the change in our clearer to WG since we strategy? staff since we last met? last met?
EXAMPLE: CROSS-TEAM GRANTMAKING From 3% to 20%+ of Kresge’s grantmaking Evolution of Cross-Team Investment “Four fenc e- Launch 3 major cross- Incentive fund posts” team initiatives “Good Pitch” Dedicated Define goal… in 0.5 FTE job description
EXAMPLE: CROSS-TEAM CATEGORIES Categories of cross-team work
EXAMPLE: RACIAL EQUITY JOURNEY Phase II: Organizing – May to Sept 2017 Phase I: Normalizing – Jan 2017 to May 2017 Phase III: Operationalizing – Sept 2017 – June 2018
Heart and Head
TODAY: RESPONSIVE GRANTMAKING 1. To more directly 2. To address 3. To craft a explore Kresge’s impediments to portfolio of “opportunity” responsive opportunity that fencepost cut across investments - that hold the programs potential for more enduring change
CURRENT PRIORITIES Opportunity Fund grantmaking Strengthening Protecting Democracy Human and Civic Dignity Agency Increasing Access to Justice
Ari riel el Sim imon Vice President, Chief Program & Strategy Officer The Kresge Foundation asimon@kresge.org Kresge.org @kresgefdn | #KresgeFdn 21
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