What is a Nonprofit Strategy?
A nonprofit strategy is a plan that outlines a nonprofit organization's goals and objectives, and how they will be achieved. This includes defining focus areas, setting measurable targets (KPIs), and implementing related projects to achieve those targets. A nonprofit strategy serves as a guide to help the organization reach its goals in a systematic and organized way.
What's included in this Nonprofit Strategy template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Nonprofit Strategy template for?
This nonprofit strategy template is designed for organizations of all sizes. It provides a simple, yet powerful framework that allows nonprofits to create an effective strategy for managing their operations. The template helps organizations identify their key objectives, define measurable targets, and create a plan for reaching those goals.
1. Define clear examples of your focus areas
To create an effective strategy, it is important to define the focus areas that the organization wants to prioritize. A focus area is a broad area of the organization's operations that needs to be addressed. Examples of focus areas may include financial management, digital presence, customer service, or any other area that is important to the organization.
2. Think about the objectives that could fall under that focus area
Once the focus area has been identified, the next step is to identify the objectives that make up that area. An objective is a specific, measurable goal that the organization wants to achieve. These objectives should be specific and achievable, and they should be aligned with the organization's overall mission.
Examples of some objectives for the focus area of Improve Financial Management could be: Increase fundraising success, and Reduce overhead costs.
3. Set measurable targets (KPIs) to tackle the objective
A key performance indicator (KPI) is a specific, measurable metric that is used to measure progress towards an objective. Setting KPIs helps the organization track progress towards its objectives and make sure that the goals are being achieved.
An example of a KPI for the focus area of Improve Financial Management could be: Increase fundraising revenue by 10%.
4. Implement related projects to achieve the KPIs
Once the objectives and KPIs have been identified, the next step is to implement the projects that will help the organization achieve those goals. Projects are specific actions that are designed to achieve the KPIs. Examples of projects include developing a fundraising plan, developing a cost-cutting strategy, or developing a customer service training program.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade is a strategy execution platform that helps nonprofits create and implement an effective strategy. Cascade's platform makes it easy to define objectives, set measurable targets, and track progress towards those goals. With Cascade, nonprofit organizations can maximize their impact and achieve their goals faster.