Most studies define ââ?¬Å?next-generationââ?¬Â leaders as individuals under the age of 40 who can be held\naccountable to lead no-profit organizations in the decades to come. In addition to age, it is determinant\nto consider the diversity of future leaders. A successful strategy model developed for use\nwith no-profit organizations focuses the attention of managers on three key issues: social value to\nbe created, sources of legitimacy and support for the organization, as well as operational capacity\nto deliver the value. These principles can be translated into a relevant and innovative formula as\nfollows: L (leadership) = D (diversity) * SC (Social Value) where social value reflects the importance\nof working with the aim to improve the society we live in.
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