2015 District Governance & Strategic Planning
2015
District Governance
The best bulwark against misconduct will always be a well informed vigilanceby members of the nonprofit community themselves, including a set of principles they could adopt, promote sector-wide, and improve over time.
2015
Governance
Nonprofit organizations have long embraced the need for
standards of ethical practice that preserve and
strengthen the public’s confidence.
2015
Governance
Strengthening ethics andaccountability is an organic process
that requires an ongoing commitmentby boards and staff of individualorganizations and by the entire
nonprofit community..
2015
District Governance
The best bulwark against misconduct will always be a well informed vigilanceby members of the nonprofit community themselves, including a set of principles they could adopt, promote sector-wide, and improve over time.
2015
1. Legal Compliance and Public Disclosure
2. Effective Governance3. Strong Financial Oversight4. Responsible Fundraising
Good Governanceand Ethical Practice
2015
Legal Compliance and Public Disclosure
A non profit organization must comply with all applicable organization laws and regulations, as well as applicable
laws and regulations of the states and the local jurisdictions in which
it is based or operates.
2015
A non profit organization must have a governing body that is responsible for
reviewing and approving its mission and strategic direction, annual budget and
key financial transactions, compensation practices and policies, and fiscal and
governance policies.
Effective Governance
2015
A non profit organization must keep complete, current, and accurate financial records. Its board should receive and review timely reports of the
organization’s financial activities and should have a qualified, independent financial expert audit or
review these statements annuallyin a manner appropriate to the organization’s
size and scale of operations..
Strong Financial Oversight
2015
1. Responsible Fundraising
Solicitation materials and other communications addressed to
donors and the public mustclearly identify the organization
and be accurate and truthful.
2015
Strategic PlanningIn today's highly competitive businessenvironment, budget-oriented planning orforecast-based planning methods areinsufficient for a large corporation to survive andprosper. The organization must engage instrategic planningthat clearly defines objectives and assesses boththe internal and external situation to formulatestrategy, implement the strategy, evaluate theprogress, and make adjustments as necessary tostay on track.
2015
The Strategic Planning Process
•Mission & Objectives• Environmental Scanning • Strategy Formulation• Strategy Implementation• Evaluation & Control
2015
Mission & ObjectivesThe mission statement describes the organization'sbusiness vision, including the unchanging values and
purpose of the firm and forward-looking visionary goals that guide the pursuit of future opportunities.Guided by the business vision, the firm's leaders can define measurable financial and strategic objectives. Financial objectives involve targets and growth. Strategic objectives are related to the firm's business position, and may include measures such as market share and reputation.
es
2015
Environmental Scanning
The environmental scan includes the following components:• Internal analysis of the firm• Analysis of the firm's industry (task environment)• External macroenvironment (PEST analysis)The internal analysis can identify the firm's strengths and weaknesses and the external analysis reveals opportunities and threats. A profile of the strengths, weaknesses, opportunities, and threats is generated by means of a SWOT analysis
2015
Strategy Formulation
Given the information from the environmental scan, the firm should match its strengths to the opportunities that it has identified, while addressing its weaknesses and external threats.To attain superior profitability, the firm seeks to develop a
competitive advantage over its rivals.
2015
Strategy Implementation
Strategy is implemented by means of programs, budgets, and procedures. Implementation involves organization of the firm's resources and motivation of the staff to achieve objectives.The way in which the strategy is implemented can have a significant impact on whether it willbe successfull , care must be taken to communicate the strategy and the reasoning behind it.Otherwise, the implementation might not succeed if the strategy is misunderstood or if lower-level resist its implementation because they do not understand why the particular strategy was selected.
2015
Evaluation & Control
The implementation of the strategy must be monitored and adjustments made as needed.
Evaluation and control consists of the following steps:• Define parameters to be measured• Define target values for those parameters• Perform measurements• Compare measured results to the pre-defined standard• Make necessary changes