Strategic Planning For Nfps
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Strategic planning for not-for-profit organizations differs from for-profit planning in several key ways: it must account for multiple stakeholders rather than just shareholders, balance multiple formal and informal mandates rather than just focusing on financial success, and set objectives that are often hard to quantify unlike profit. The strategic planning process for non-profits centers around developing a long-term vision, mission, and values statements to guide the organization, and bridges the gap between the current situation and the vision through formulating goals and strategies.
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- 1. STRATEGIC PLANNINGFor Not-for-profit organisations
- 2. Strategic Planning for NFPsWhats different?Multiple stakeholders, not just shareholders
- 3. Multiple formal and informal mandates, not just financial success
- 4. Objectives hard to quantify unlike profit!
- 5. Multiple, often unrelated, activities
- 6. Answerable to community who are they?Strategic Plan Process
- 8. Planning is Centered around a long term Vision
- 9. Vision, Mission and ValuesVision
- 10. A picture in words about 10 to 20 years in the future
- 11. Answers the question Are we there yet?
- 12. Mission
- 13. What the organisation does and how it does it
- 14. Answers the question What are we here to do?
- 15. Values
- 16. How the organisations members, management and employees will conduct themselves
- 17. Answers the question How do we do it here?Vision Must be QuantifiedBased on Key PerspectivesHow many ways can you look into the future?
- 18. Bridging the gapFormulate Goals & Strategies
- 19. From workshops to Plan