Ten Keys to Successful Strategic Planning for Nonprofit and Foundation Leaders Article Review

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Keys to Successful Strategic Planning

During the last several years, the issue of strategic planning has been facing continuing amounts of criticism. This is because various political and economic challenges have caused some individuals to question the effectiveness of using these tools. However, the article titled Ten Keys to Successful Planning is demonstrating how this is an operative approach for dealing with a host of challenges. To fully understand the way these ideas can help a firm requires focusing on the main points of the article. This will be accomplished by looking at: the key ideas, analyzing the strengths / weaknesses and commenting about these views. Together, these elements will show how strategic planning is an important tool that should be used by all firms.

Key Ideas

According to Mittenthal (2002) there are ten key ideas that will help to make a nonprofit successful (through utilizing traditional business strategies).

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These include: having an understanding of internal challenges, taking a realistic view when looking at the organization's strengths / weaknesses, being all inclusive of everyone, creating an empowered planning committee, involving senior management, sharing responsibility with the board of directors / staff members, learning from the best practices, prioritize / plan, patience and having a commitment to change. These ideas are important, because they will help a nonprofit to be able to streamline their operations. (Mittenthal, 2002)

As a result, Mittenthal believes that these ideas can be used as a way to reorganize the management structure of the firm. However, there are limitations when using these different tools. This means that all stakeholders must be willing to apply common sense and flexibility at all times. Once this occurs, is….....

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Latest APA Format (6th edition)

Copy Reference
"Ten Keys To Successful Strategic Planning For Nonprofit And Foundation Leaders" (2012, June 20) Retrieved April 28, 2024, from
https://www.aceyourpaper.com/essays/ten-keys-successful-strategic-planning-nonprofit-62241

Latest MLA Format (8th edition)

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"Ten Keys To Successful Strategic Planning For Nonprofit And Foundation Leaders" 20 June 2012. Web.28 April. 2024. <
https://www.aceyourpaper.com/essays/ten-keys-successful-strategic-planning-nonprofit-62241>

Latest Chicago Format (16th edition)

Copy Reference
"Ten Keys To Successful Strategic Planning For Nonprofit And Foundation Leaders", 20 June 2012, Accessed.28 April. 2024,
https://www.aceyourpaper.com/essays/ten-keys-successful-strategic-planning-nonprofit-62241
   

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