Big data and data science are hot topics everywhere these days, and the social good sector is no exception. As nonprofit organizations continue to increase their use of data to answer questions about donors and fundraising and drive performance improvements, it’s important to understand as much as possible about data science.
In today’s episode, I’ll speak to Carrie Cobb, Vice President of Data Science at Blackbaud. We’ll do a deep dive into the subject of data science. Listen to the episode to hear what Carrie has to say about the specifics of what a data scientist does, the techniques they use, and the variety of ways that data science is applicable in the social good community.
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“When you’re a data scientist you kind of dive into the unknown to find patterns and build connections and make predictions.”
“From a technical perspective, data scientists are highly educated. Almost 90% have at least a master’s degree, and almost 50% have Ph.D.’s.”
“I would say it is an art and a science put together. Depending on your paint and your canvas and what you’re trying to display, you’re going to choose different tools to get you there.”
Now more than ever, nonprofits need to ensure that they have high-quality, up-to-date data. However, a lot of nonprofit organizations struggle with the issue of data health. Why is data health so important in the nonprofit field today, and what can organizations do to bring themselves and their data up to speed?
In today’s episode, I’ll be speaking with Adriene Chisholm and Alan Dix of Blackbaud’s Target Analytics about the new report from the Blackbaud Institute for Philanthropic Impact, Untapped Potential: The Case for Data Health. Listen to the episode to hear what Adriene and Alan have to say about the biggest struggles nonprofits face with their data and how it affects fundraising, what first steps organizations can take to move in the direction of better data health, and how to avoid those dreaded “yellow stickers.”
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Download Untapped Potential: The Case for Data Health
Connect with Adriene Chisholm and Alan Dix
“We’re all trying to be C+ students by limiting our ability due to poor data health.” – Alan Dix
“Maintenance is always easier. It’s a lot easier to maintain your car than it is to get it fixed after it breaks down.” – Adrien Chisolm
“Data health is easy, it really is. It’s like getting your oil changed. You know you have to do it every 3,000 miles, just go and get it done.” – Adriene Chisholm
We often hear about the need for organizations to take about taking a donor-centric approach to engaging supporters. But is that enough, or do nonprofits need to go even deeper to attract and keep donors over the long term?
Today’s guest is Kevin Schulman, founder and managing partner of DonorVoice, a retention and donor experience company. Kevin talks about why understanding donor identity can help organizations better understand the motivations of donors. He also explains how organizations can use donor segmentation to strengthen their relationships with donors, leading to long-lasting relationships that are beneficial for both nonprofits and their donors. Listen to this episode to hear the keys to leveraging a donor identity approach that results in improved outcomes.
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“If we want to be donor-centric, you have got to get some level of understanding about who these folks are and what makes them tick.”
“In order to get the kind of data that you need, guess what? You’ve actually got to ask these people.”
“There ought to be massive perceived risk with status quo, but oftentimes there isn’t.”