Indigenous Financial Management
Informed leadership and strong financial management practices are crucial components for effective self-governance, something we refer to as nation rebuilding. Nation rebuilding is the process of leaving behind ineffective models of Tribal governance, or the standard approach, and rebuilding culturally-relevant governance institutions through five established elements of success: sovereignty, capable governing institutions, cultural match, strategic orientation, and spirited leadership.
When it comes to financial management, the standard approach can often look like failed enterprises, an economy dependent on federal funds, lack of trust in leadership, and an undermining of sovereignty. To avoid these standard approach pitfalls, consider how your government can adopt financial management best practices that are rooted in nation rebuilding principles.
We developed this guide for elected leaders interested in adopting financial management best practices.