Review Your Nonprofit’s Strategic Goals and Readiness for Developing AlliancesAlliances with businesses are part of the mix of strategies and tactics that effective nonprofit organizations employ to serve their customers, reach their goals, and achieve desired results.Taken together, a nonprofit’s strategic goals are the board-approved vision of the desired future of the organization.Within that framework, board members, volunteers, and staff can examine how alliances fit and can set objectives for alliance projects.Successful alliances between nonprofits and businesses require that nonprofits have effective leadership and management, high-quality programs, sound finances, and organizational practices open to entrepreneurial activities.Although effective alliances can help strengthen these fundamental organizational capacities, nonprofits need to have a solid foundation on which to build. In light of opportunities to develop strategic alliances with businesses, your nonprofit should revisit its mission and strategic goals, consider objectives that might involve alliances, and assess its readiness to pursue them.Your nonprofit can then decide how to increase its capability in any areas and whether to proceed to develop alliances or to wait until improvements are made. Write your nonprofit’s mission, and then address the following questions about your nonprofit’s strategic goals and organizational readiness,providing examples wherever possible.
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