This document discusses the factors to consider when building a strategic plan for a non-profit organization, describes an appropriate strategic planning process and model, and explains how strategic planning can assist non-profit organizations in meeting challenges.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Running head: NON-PROFIT MANAGEMENT1 Non-Profit Management Name Institution
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
NON-PROFIT MANAGEMENT2 NON-PROFIT MANAGEMENT As the consultant hired to facilitate the strategic planning process consider the following: 1.Outline for the Board what they should consider when building a strategic plan. When constructing the strategic plan, the BCAEW’s board should consider the following factors: it should articulate the vision and the mission because they share the company’s purpose of operating and describe what the firm wants to achieve in the long-term. Second, they should identify the stakeholders because they influence the company’s business. Additionally, the board should scan the internal environment to identify the company’s strengths and weaknesses. Assessing the external environment is also important since it helps identify threats and opportunities (Albrechts & Balducci, 2013). The board should also consider combining its strengths, weaknesses, opportunities, as well as threats into a single analysis to fuel goal-setting and positioning to attain the company’s success. In addition, the board should consider defining the firm’s competitive advantage to find a unique position that can be occupied by the business. 2.Describe an appropriate strategic planning process and model. How are you going to guide the organization through this process? BCAEW has been operating for more than 30 years. The intention of developing a strategic plan is to widen the company’s scope and look for new ways of doing things and opportunities. Hence, the best strategic planning process and model that is appropriate for BCAEW is the issue-based model (Wolf & Floyd, 2017). The model entails evolving to a more involved approach by making use of a more comprehensive method of planning. This is how I would guide the organization through the model: first, I would run an internal and external analysis to outline the SWOT. Second, I would identify the main issues and goals. Next step
NON-PROFIT MANAGEMENT3 would entail designing major strategies to address the stated goals and issues. Next would be to update the vision, mission, and values, establish an action plan, record issues, goals, including action steps into pans, and develop a yearly operating plan. 3.Describe how strategic planning can assist non-profit organizations in meeting the challenges that they face Strategic planning assists the non-profit organization to develop organizational adaptability to changes in the environment, develop as well as enhance the relationship with main stakeholders, improve the company’s decision-making process, and come up with the firm’s development priorities. Besides the potential funding benefits, strategic planning can result in changes in the organization’s mission, management roles, structure, and the board. Some of the benefits associated with strategic planning among non-profit organizations comprise of thinking strategically, building teamwork as well as expertise, decision-making, enhancing performance, solving problems, including clarifying the organization’s direction (Dibrell, Craig & Neubaum, 2014). In addition, the non-profit organization can use strategic planning to utilize limited resources including examining their external opportunities and challenges, thus help build their capacity.
NON-PROFIT MANAGEMENT4 References Albrechts, L., & Balducci, A. (2013). Practicing strategic planning: in search of critical features to explain the strategic character of plans.disP-The Planning Review,49(3), 16-27. Dibrell, C., Craig, J. B., & Neubaum, D. O. (2014). Linking the formal strategic planning process, planning flexibility, and innovativeness to firm performance.Journal of Business Research,67(9), 2000-2007. Wolf, C., & Floyd, S. W. (2017). Strategic planning research: Toward a theory-driven agenda.Journal of Management,43(6), 1754-1788.