Benefiting from Business Planning
Posted by La Salle Nonprofit Center on May 14, 2018
How You Benefit from Business Planning
When: June 6, 2018, 9 am to 4 pm
Business planning is the way to answer questions like: Where are we going? What do we want to achieve? What resources are needed to get us there?
It’s the way you connect your mission and your programs, identifying needed resources and developing performance measures the enable everyone in your organization to understand if desired results are being achieved. While less well known than its colossus relative, the strategic plan, a business plan is just as critical for a resilient, sustainable organization.
As the pathway to organizational decision-making, no organization should ever consider additions or substantial changes to programs and activities without first creating a business plan that aligns organizational strategy with human, financial, marketing and other necessary resources.
Your business plan serves as your organization’s action plan, identifying the tasks, milestones, goals, potential for success and possible internal and external risks. Can you expand this program which was identified in our strategic plan as needing to serve additional clients? What do we need to do to make that happen? Via the business planning process, you will you address these questions specifically determining the business and financial model that will enable you to sustain a program.
Working on an actual case study, you will develop an understanding of the concept of business planning and how it relates to other types of planning. You’ll acquire practical tools for analyzing your current program mix and evaluating the financial and marketing implications for new ventures.
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