When nonprofit organizations draft strategic plans, the expectation is stability. A three-to-five-year vision is meant to guide priorities, operations, and growth.
But what happens when the world changes faster than the paper it’s written on?
In a recent episode of the Nonprofit MBA Podcast, Stephen Halasnik, Managing Partner at Financing Solutions, a leading provider of loans for nonprofits, sat down with Marie Palacios, Lead Consultant at Funding for Good, to discuss a subject that’s rapidly gaining urgency: how nonprofits can adapt their strategic plans in a changing reality.
“In today’s environment, you have to hold strategy loosely,” said Marie Palacios. “Because the reality you planned for may not be the one you’re living in next quarter.”
To hear more insights from Funding for Good’s Marie Palacios, check out the podcast episode and executive summary over at the Nonprofit MBA Podcast.
