This report identifies and explores three key human capital priorities for the not-for-profit sector: closing the leadership gap, finding and keeping talent, and developing human capital.
The ability of the sector to attract and retain the right talent, develop effective leadership, provide relevant training and skills development, and offer competitive benefits and compensation will be critical in determining the future vibrancy and sustainability of the nonprofit sector in Ontario.
As Canada faces a slowdown in labour force growth, the nonprofit sector will need a deliberate human capital renewal strategy to strengthen its capacity to innovate and compete with the private and public sectors for skilled workers. A human capital renewal strategy will enable the sector to prepare for impending demographic change, technological advancements, and other emerging trends including increasingly networked behavior, rising interest in civic engagement and volunteerism, and the blurring of sector boundaries (Gowdy et al., 2009). A human capital strategy should address the particular needs of the sector and contribute to the resilience of communities across the province.