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Monday, October 08, 2007

Strategic Planning

As part of the Nonprofit Blog Exchange Virtual Event I’m writing about Marion Conway’s blog (she was kind enough to write about this one, thanks!)

As I was reading hers and the many great articles she has on strategic planning and board development I started thinking how a lot of what finance people do, or at least what I do, is analyze the past via the numbers and make sure we have enough money right now to pay the bills and meet our short term commitments. Much of what I have talked about in this forum doesn’t cover looking ahead or planning for the future. Sure we have budgets, but does your organization have a plan? Has your organization been through a strategic planning process yet? If your organization does have a strategic plan what financial impacts are in it for the organization?

If you have not been through a planning process, do you know where to look for information to get started? I would recommend reading Marion’s information, it is concise and well written and shows us that the process is not something to be afraid of, that any organization can, and should have a plan for itself.

1 comment:

Marion Conway said...

Hi Alan,

Thanks for your kind comments about my blog. Although we do blog about different things there is definitely a synergy between them. You did a great job in encouraging your constituency to consider strategic planning.

Marion