Strategic planning

People sitting around a table doing strategic planning

by Molly Penn Strategic Planning is a term that gets used fairly frequently, but not always to refer to the same work.  As an example, lately we’ve gotten requests for strategic plans ranging from budgets of $15,000 to $150,000.   This describes a completely different scope of work.  Consulting is a time-driven business – we charge […]

Is it too soon to begin thinking about the “new normal?” Organizations that are not ready to consider how Covid-19 will change our work are risking their future health and sustainability. We are grounding these recommendations in human care and empathy for now, and smart planning for what’s next.

You’re riding in an elevator with someone who asks what you do – you have about 3 minutes to answer them succinctly, powerfully, compellingly so they ask you more. What do you say? The role of a mission statement is to describe what you do in clear terms so the listener immediately “gets it.”

Everyone struggles with how to articulate your strategic plan goals so they compel others to join you in your noble quest. How many organizations do you know that spend months and months and thousands of dollars only to roll out a plan with … meh goals? We’d bet the answer is too many. We’re setting out to change that.

Do you know how to map your strategic position? The word “map” here literally means to try to create some visuals to help you picture where you sit relative to other organizations with similar missions. It is a way to help you understand your unique role.

Imagine coming to work every day full of purpose and conviction. The role of a vision statement is to serve as your true north, the motivation for working in the social sector, the difference you are in business to make. Here are some key questions to ask yourself when framing or refining your vision.

What makes a plan “strategic” is that it takes into consideration what is happening in the world outside your organization and responds to that context. So what does it mean to research your market and how to do that? We break market research into several distinct pieces.

In strategic planning, one of the most important events happens right up front – framing a set of relevant, purposeful, interesting questions that will inform your actions or critical decision-making. Here are a few guidelines for making sure you’re asking the best questions.

What’s a “stakeholder” anyway?

What is a strategic question anyway?

By Molly Penn Strategy should always factor in your organization’s current business model. You need to understand your business model in order to ascertain how bold you can be in your strategy. Do you have assets and liquidity to allocate to new initiatives? Or, is your plan more about regaining financial sustainability? These two situations

Ever wonder what strategic planning is or how to do it? This post is for you!

Strategic planning can take very different forms – how do you know which is best for your organization?

Is your strategic planning boring or fun and creative? Talk to us about how to create break through strategy!

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