The Wave Report: Weekly innovation trends and ideas

🎃 Lessons from the Business of Halloween
Grace Martinson Grace Martinson

🎃 Lessons from the Business of Halloween

Today, we’re going to look at four key lessons leaders can take from the phenomenon that is Halloween. But first, do you know the most popular Halloween costume for kids?

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The Most Important Window to Convert Sustainers
Dave Raley Dave Raley

The Most Important Window to Convert Sustainers

For nonprofit fundraisers, the ideal donor is one who gives faithfully month after month, year after year. They are bought into the cause and they give on a recurring basis

However, for most charities, most donors do not start as recurring. Like so many others, they give a single gift in response to some sort of catalyst – an ask from a friend, a disaster, a moving appeal. 

It’s on nonprofit leaders then to identify the right time and method to invite these single-gift donors into recurring, sustainable giving. 

But when is the best time to invite a new donor to commit to a recurring gift?

The answer is unwaveringly clear – in the first 30 days.

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How to talk to AI
Dave Raley Dave Raley

How to talk to AI

Artificial intelligence has been a fantastic personal and professional help in my life. 

I use AI tools weekly in at least a dozen ways, big and small. They help me communicate more clearly, work more efficiently, make better decisions, and do things that would take staff time or skills I wouldn’t have access to otherwise.

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Two Years or 90%
Dave Raley Dave Raley

Two Years or 90%

“Dave, the way you’re wired, you are going to be good at stuff for about two years, or 90%, whichever comes first.”

I was stunned. Was that supposed to be a compliment??

I was 25 years old at the time, and I was having lunch with a consultant our agency had hired when he sprung this “wisdom” on me. 

At the time, I couldn’t hear anything but a backhanded compliment. 

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On This Day 500 Years Ago 📆
Dave Raley Dave Raley

On This Day 500 Years Ago 📆

Just over five centuries ago, in September 1522, one of the most important acts of innovation in history took place.
I’ve written previously about the importance of stepping outside of conventional expertise when you need breakthrough innovation

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🐄 Chick-fil-A’s Approach to Creating and Sustaining a Culture of Innovation
Dave Raley Dave Raley

🐄 Chick-fil-A’s Approach to Creating and Sustaining a Culture of Innovation

After a brief summer break, Season 5 of the Purpose & Profit Podcast premiered this week with an insight-filled interview with David Farmer, VP of Innovation at Chick-fil-A.

In this episode, Carly and I dive deep with David into how innovation, culture, and values intersect. I was grateful for the conversation, from how innovation in drive-thru capacity relates to nonprofts, to the importance of prototyping for healthy growth. It was an honor to have David helping us kick off Season 5 of the show sharing insights that are both practical and inspiring.

It’s a huge honor to be asked to speak on innovation, specifically on leveraging AI to grow innovation and impact.

But I have to be honest. Until recently, I didn’t think of “innovation” when I thought of Chick-fil-A. Wasn’t the idea to keep things the same and not innovate?

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This is the Moment
Dave Raley Dave Raley

This is the Moment

I’m writing this Wave Report with a great sense of relief. The manuscript of the book is now – finally – with the editor! 😮‍💨😁🙌

If you are new around here, I’m deeply passionate about helping leaders create profitable growth through innovation, and I’m writing a book about how the Subscription Economy is transforming recurring giving – and what nonprofits can do to benefit. There are many steps to go, but I’m celebrating this one step closer to putting this important message into the world.

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The Problem with Retention
Dave Raley Dave Raley

The Problem with Retention

I’ve got a problem with retention. 

A bone to pick. 

A beef, if you will. 

More specifically, my issue is not with retaining donors year after year, which is very important. My beef is with the focus on the measurement of retention – a metric that fundraisers and marketers all over the world rely on as a core indicator of the health of their fundraising program. 

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7 Habits of Highly Effective Fundraisers
Dave Raley Dave Raley

7 Habits of Highly Effective Fundraisers

Tomorrow, August 17, is National Nonprofit Day. It’s a day to honor nonprofits, the role that charities play in society, and the people who make that vital work possible.

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Joie de Vivre
Dave Raley Dave Raley

Joie de Vivre

Bonjour, mon ami. 👋

We are home from our summer living in France, so I thought I would share some reflections and lessons on life, leadership, and innovation from the time.

My wife Heather and our daughters deemed this our summer of Joie de Vivre. Joie de vivre is a French saying that means the “joy of life.”

Joie de vivre is about being fully present in the moment and with the people in front of you. The joy of living is not only about happiness, but about embracing whatever life offers in the moment.

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100 Waves Later: Key Lessons and Reflections
Dave Raley Dave Raley

100 Waves Later: Key Lessons and Reflections

Two years ago, I wasn’t sure what I should do. I was launching an advising practice focused on helping organizations grow through sustainable innovation. My dream was to invest half of my time in research, learning, writing, and speaking, and the other half in working directly with clients to apply that learning.

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Podcast: Overcoming a Narrow Mindset
Dave Raley Dave Raley

Podcast: Overcoming a Narrow Mindset

Today, we conclude our three-part series of ideas on innovation from the Purpose & Profit Podcast with a conversation with my co-host Carly Berna about the limitations of expertise.

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Podcast: Innovating Without Losing Your Core
Dave Raley Dave Raley

Podcast: Innovating Without Losing Your Core

Today’s Wave Report is a short one. For the next couple of weeks, our family will be taking time to travel and create memories as we conclude our Joie de Vivre – our summer living en France.

Joie de vivre is a French saying that means the “joy of life.” As in, “they are filled with joie de vivre.”

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Context and Calling: Reflections on Independence Day and Normandy’s Legacy
Dave Raley Dave Raley

Context and Calling: Reflections on Independence Day and Normandy’s Legacy

If you’re in the U.S., I hope you are gearing up for a day of rest, celebration, and reflection as we celebrate Independence Day. 

One year ago at this time, my wife Heather and our girls were walking barefoot along Omaha Beach in Normandy, France. It was humbling to reflect on the 80th anniversary of the D-Day invasion at Normandy, where young men from 12 nations came together to fight for a freedom from tyranny and oppression.

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Sustainer First Fundraising
Dave Raley Dave Raley

Sustainer First Fundraising

As many of you know, I’m working on a book.

I’m immersed in the depths of editing at the moment. There is one trend in particular that I’m struggling to articulate, and I wonder if you might be able to help.

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A Change of Scenery, French-Style 
Dave Raley Dave Raley

A Change of Scenery, French-Style 

I have big news to share. We're moving to France! 🇫🇷

...for six weeks. 😬

I have a few lessons to share in light of this grand adventure. But to understand how we got to today, we need to rewind the clock.

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