1277 - Strategy for Nonprofit Organizations
Course Description
We hear a lot about successful for-profit companies and the successful strategies they have developed. Even though nonprofit organizations are not concerned with profit maximization, they too can benefit from following a strategy. A nonprofit's strategy constitutes its decisions about what it will do and how it will do it. Nonprofit managers are critical to successfully implementing strategy since they are responsible for carrying out the actions that will support it. By understanding a nonprofit's strategy and how it helps the organization fulfill its mission, a manager can do a better job implementing the strategy.
Students have 90 days from the day they are granted access to complete this self-paced course.
Please note: Access to this course will be granted as soon as possible but may take up to 1 business day.
Credits:
- 0.5 IACET CEUs
- 5 HRCI Credits
- 5 CFRE Points
- 5 SHRM PDCs
- 5 ATD CI Credits
Learner Outcomes
After this class, you will be able to:- Define strategy
- Explain the basics of strategy in a nonprofit context
- Describe the strategic planning process and how different approaches may be taken by different organizations
- Discuss how mission statements are constructed
- Explain how budgets and capital budgets interrelate with nonprofit strategic planning
- Describe the success factors for strategic planning
- Recognize the need for contingency planning