| NewsStrategic Planning Culture Leads to Non-Profit SuccessAs challenging as it is to find time to create and implement strategic plans, new research reinforces that it’s one of the keys to organizational success. Consistent strategic planning and implementation monitoring practices make the difference between moderately and highly successful non-profit organizations according to a study presented in 2013 at the annual meeting of the Association for Strategic Planning. Are You Mistaking Vision for Strategy? At the heart of organizational meaning-making we find corporate vision and mission as definitions of the good or the change that we seek to create in the world. While this is absolutely essential to thriving organizations and engaging the passions of stakeholders, this is not strategy. Vision and mission are the “what.” Strategy is the “how.” Outperform your competition by 15 to 20%: What's the secret? Create stronger stakeholder relationships. It may seem counterintuitive that in order to be more profitable you should invest more money in stakeholder relationships than one's peers. Yet an increasing body of research is showing a stakeholder approach to correlate to better company performance. PublicationsResearch Report: Leadership of Sustainability“The Leadership of Sustainability: A study of characteristics and experiences of leaders bringing the ‘triple-bottom line’ to business,” was created for the Center by Pat Hughes, Senior Associate and Project Director, with contribution from Kathleen Hosfeld, Special Projects Consultant. |
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