Blogs tagged with strategic planning

  • John Gillespie, Veris Consulting
    Posted: May 10, 2013

    This post originally appeared on the Stanford Social Innovation Review's blog. It is reposted with permission.

    Scaling is critical to any nonprofit looking to increase impact—but of course, it is easier said than done. In addition to gaining board engagement around your strategy and building a focused business plan, organizations must secure sufficient capital—funds that they can raise only if potential donors have a clear enough picture of their growth plan and financials to invest with confidence.

    According to a recent study on the state of scaling impact, conducted by the Social Impact Exchange and Veris Consulting, only 24 percent of nonprofits currently scaling have started fundraising and only 42 percent have a growth business plan. When it comes to scaling, many nonprofits are trying to “build the plane while flying,” when a more disciplined approach is required.