Although New Year’s resolutions can range from healthy eating to spending more time with family to saving money, all resolutions have ONE thing in common—change.
With 2015 right around the corner, now is the time for nonprofits to take a step back and look at the big picture: What are the core values of your mission? Are your programs currently working towards achieving your mission objectives? Do you have the resources needed to address your community’s needs?
Business planning can help your nonprofit improve upon organizational structure, program focus, and financial management strategies.
Follow these 5 simple methods to efficiently plan and execute sustainable change.
- Define your mission’s purpose—It’s important to create a detailed description of what your nonprofit’s true intentions are. Knowing the specifics of who you are helping and why can create a greater sense of understanding amongst your employees. This consensus centered around your mission will help your team focus and work towards shared goals.
- Establish step-by-step actions—Prioritize the different actions required to achieve your mission’s impact. Working on both short and long term activities can keep your organization moving forward while enabling your staff to experience wins along the way.
- Prioritize organizational and financial resources—Now that you have a detailed plan of action, you can align your staff’s individual skill sets with every activity. In addition to harnessing your employees’ pre-existing strengths, you must also allocate your budget accordingly. Put more money towards top priority initiatives, while also maintaining a reserve for potential fund shortages.
- Create measurable goals—Construct tangible target goals for both individual and program performances. For example, on a year to year basis, you could see how many people have joined each program or how much revenue each employee helped bring in. Learning how to measure your organization’s effectiveness is key to maintaining positive momentum.
- Analyze results and modify when necessary—Pinpointing which changes have been beneficial and why can help you nurture your most prosperous programs and fill in any additional gaps. Analyzing which programs your target audience responds to can help you further develop resources that address your clients’ needs and mission objectives.
Can your nonprofit use a new set of cost saving resources at the start of 2015? Upon joining UST, your participation gives you instant access to a live HR hotline, expert claims advice, downloadable HR templates and over 200 online training courses.
If you have 10+ employees, fill out a free savings evaluation and find out if your nonprofit can benefit from UST.