Strategic thinking is even more crucial in these uncertain times. There are some immediate questions for an organization’s board and executive staff to be asking now, the most important of which in my view is “So What?” If you can’t answer “so what?”, leaders need to go back to the drawing board.
Mission and values, when applied properly, become key ingredients for nonprofits’ attaining financial success, whether in an emergency like Covid-19 or not. Austin-based finance and operations consultant for nonprofits Sean Hale presents the second in his 3-part series on the habits that nonprofits can use to address financial challenges now.
An effective and engaged nonprofit Board of Directors (BOD) can help take an organization to a visionary level. Ensuring it is well-managed and intentionally structured is key.
Getting Your Nonprofit Board on-board is key to an organization’s success. Is your board onboard the boat or are they riding the bus? This is a constant issue raised by nonprofit board leaders, CEOs and EDs. What’s the solution?
Which comes first – Vision or Mission? Frankly, why should I care? In our view, vision (clearly defined strategic direction) should always come before mission, because if you don’t know where you are going (desired impact) how do you know what you need to do to get there (mission)?
Why does strategic direction matter for the success of a nonprofit? A well-articulated strategic direction and continuous strategic thinking based on agreed priorities, enables focused implementation and provides a framework for dealing with change.