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.
After completing this course, you'll 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
Upon completion of the course, learners may be eligible for:
- IACET CEUs: 0.5 (Contact Hours: 5 hours)
- HRCI Credits: 5 (Type: Specified - Strategic Business)
- SHRM PDCs: 5
- CFRE Points: 5
Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEUs.
This course is offered through our curriculum partner, MindEdge, Inc. MindEdge was founded in 1998 by Harvard and MIT educators with a mission to improve the way the world learns. Since then, more than three million learners have participated in MindEdge programs.
Registered students will receive individualized communication with further instructions to help you prepare for class.