Creating the Business Plan for Nonprofits and Charities
Beyond initial incorporation and attainment of 501(c)(3) status, generally grassroots nonprofits possess a “live for the moment” outlook. Unfortunately, this is a primary reason why many nonprofits do not experience success after start-up.
As a nonprofit leader, if you’re a fan of getting things done, you’re going to have to plan. However, priorities exist for a reason. Together with your board, you’ll have to evaluate the context, cost, time requirements, and resources available each step of the way. To be successful in mission fulfillment, your organization will have to engage in strategic planning.
A nonprofit strategic plan steers the organization on the path to success. It is the framework that determines where an organization is going over the next year or more, how it’s going to get there, and how it will know whether it got there.
Strategic planning is a disciplined effort to produce decisions and actions that shape and guide what an organization is, what it does, and why it does it. It is a process that produces fundamental decisions that shape and guide the management of an organization.
More specifically, a strategic plan clarifies the mission, vision and/or values of an organization, identifies the most critical issues the organization is currently facing, the goals to work toward the mission, the strategies to achieve the goals, and how to plan for action. Strategic planning increases effectiveness, efficiency, productivity, and accountability within a charitable organization.
Strategic planning pushes your team to focus on the future and the commitment that it will take to make the organization a success. It shows that the organization is committed to a plan of action that will sustain and develop the organization to better serve the community, and to realize it’s vision.
Development of a clear vision of the future serves to motivate employees and to keep the organization moving toward achieving the goals identified in the strategic planning process. Additionally, strategic planning can function as a team-building strategy facilitating communication and participation within the organization.
Who can benefit from a strategic plan:
- New Nonprofit Organizations
- Organizations That Have Never Conducted a Strategic Planning Session
- Organizations That Would Like to Add a Program or Service
- Organization’s Experiencing a Change in Leadership
- Organizations That Have Become Stagnant
To learn more about our strategic planning services, please view the video and product information links. Ready to get started? Click on the live chat or contact us today.