Strategic Thinking For Your Nonprofit’s Year-End
2009 is rapidly coming to a close. And once again, we find ourselves amazed at how fast the year has gone by. Funny how we have this conversation every year, but we act like it’s the first time it went by this fast.
Just as December 31 rolls around every year, so does the need to plan for your nonprofit’s year end. With only a few weeks left in the year, don’t put off until later some of the most important things you need to be doing right now. Let’s take a look at some key, year-end necessities.
Strategic planning. The economic uncertainty of the past year has forced many nonprofits to shift gears and even change course. For some, it has caused an existential crisis! What has the economic downturn meant to your organization? The end of the year is a natural time to (re)evaluate what you are doing. Focus on maximizing impact for a minimum of expense. Easier said than done, no doubt. But now more than ever, it is imperative to be intentional with everything you are doing. “Winging it” is ineffective in the good times. It could be fatal in the bad times.