Nonprofits are navigating a volatile financial environment that’s upending long-term plans and threatening service delivery. And when revenue dries up, mission-driven organizations are often forced to make reactive decisions that can ripple for years.

Engaging various stakeholders in the strategic planning process helps ensure the plan incorporates diverse perspectives and creates a sense of ownership and commitment among those involved.

An organization’s strategic plan is meant to be a living document that should be revisited regularly to assess progress and to make adjustments as work unfolds.

Organizations and the teams within them create strategic plans to set their course for the future. These plans include the goals they want to achieve, the steps it will take to get there, and the metrics by which they define success.