Strategic Planning for Nonprofits

A Strategic Plan is a multi-year planning document which focuses on the entire organization and not just one specific program or component. Although there are many ways to write a strategic plan, I learned how to write a strategic plan including these key components:

STEP Analysis (An analysis of all the external factors that effect the organization.)

  • Socio-cultural factors
  • Technological factors
  • Economic Forces
  • Political/Legal Forces
<p class="MsoNormal">Porters Five Forces (Also describing the external forces that effect the organization).</p> <ul><li>Industry</li><li>Suppliers</li><li>Competitors</li><li>Buyers</li><li>Substitutes</li><li>Rivalry</li></ul> <p class="MsoNormal">SWOT Analysis (An analysis of all the internal factors within an organization).</p> <ul><li>Key Strengths</li><li>Key Weaknesses</li><li>Opportunities</li><li>Threats</li></ul>Planning (1, 2, 3, or 5 years, also addressing all the internal and external factors). <p> </p> <ul><li>Overall Strategic Plan Goal</li><li>Fundraising Strategy</li><li>Results Desired in Fundraising</li><li>Management Strategy</li><li>Results Desired in Management</li><li>Human Resources Strategy</li><li>Results Desired in Human Resources</li><li>Program Strategy</li><li>Results Desired in Program<br /> <!--[endif]--></li></ul> <p class="MsoNormal">Implications and Costs <br /> <!--[if !supportLineBreakNewLine]--><br /> Evaluation Methods</p> <p class="MsoNormal">Conclusion</p>