Non-Profit Organizations And Opportunities Analysis
Precisely, funding is designed to cover staff salaries and the organization function costs. Still, managers face budget difficulties, when they need to invest in office supplies or equipment, since budget is too tight. Non-profit professionals concern about their jobs, specially, when it comes to small organizations. In fact, non-profit organizations are economically vulnerable, thus, they need well designed budgeting projection. Equally, Opportunities analysis factor refers to the chances of applying for grants. Non-government organizations may apply for a grant that comes from a government or private institution or any other provider. There is always opportunity to apply for grants, it is fundraising managers’ responsibility to searching them and completing the applications. Non-profit organizations could obtain donations or pay low cost on supplies or office devices, since well-established corporations’ marketing strategies includes selling and donating. Usually, corporations donate to the charity (Greechie, 2016).
Finally, threats strategic analysis factor refers to non-profit economic vulnerability. Since, non-profit depends on donations, they are supposed to …show more content…
The board members consider strategic issues order. They estimate financial matters based on the community credibility and the assumption of success. Also, they observe the organization external’s strengths. Later, the board members list the strategic issues to allocate the resources. Even though the organization has a lot issues to solve, when dealing with strategic plan, managers decide for five or less issues at a time. They may get donors’ support, but, administrators should not over involve them. Managers must be discrete, since, donors have their own agenda to work on (Nacional Council of Nonprofits,