Wednesday, June 10, 2009

Strategic Management in Tough Times










The NY Council of Nonprofits offered a training recently at the Fenimore Art Museum to help Otsego County nonprofits address:
  • The immediate effects on nonprofits of the current economic crisis
  • Strategic planning concepts as they apply in this recessionary environment
  • Strategies & their implications for developing a Short-Term Strategic Management Plan
The participants discussed:
1.What has been the immediate impact of the economy on your nonprofit?
2.Are you in a survival mode?
3.What changes have occurred in how you do business?
4.What opportunities ahead do you see?

Are you putting your own Short-Term Strategic Management Plan together? This Strategic Management Plan is a comprehensive but quick-action plan, usually within a fiscal year, that is built on reality, scenarios, contingencies and sound risk management. The Plan incorporates retrenchment along with opportunity strategies & considers longer term implications.

Have input about your own Plan? Share your feedback here.

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