Question
1. What is the NPOs mission and vision. Mission Statement: 1. Vision Statement: 2. How is the NFPO dealing with the problem(s) the NFPO is
1. What is the NPOs mission and vision. Mission Statement: 1. Vision Statement: 2. How is the NFPO dealing with the problem(s) the NFPO is faced with? 3. What is the unique role of the NFPO? 4. Explain the organization's social service or product 5. Identify all users or stakeholders of the organization 6. Identify the NFPO's aims to serve 7. Identify the organization's NFPO sector 8. Identify the key areas where the NFPO differentiates itself from other NFPOs 9. Identify the community the organization aims to serve 10. An organizations vision describes the social outcomes it hopes to achieve. Describe the organizations vision. Determine and describe the NFPOs value proposition Review your group's NFPO annual report and submit to Discussion Board Review your group's NFPO financial statements and submit to Discussion Board Answer the following questions: How well does the NFPO turn it inputs (financial resources and human resources into outputs) - [copy & paste to Discussion Board) Based on your assessment is the NFPO doing things right? Is it efficient? Explain. (copy & paste to discussion board) Based on your assessment is the NFPO doing the right thing? To what degree is the NFPO achieving its mission? Is it effective. Explain. (copy & paste to discussion board) Step 1: Identify the Mission Step 2: Identify the Value Proposition Step 3: Choose the Look of the Map Step 4: Identify the Stakeholder Strategy Who are the Stakeholders? Analyze and list all stakeholders (copy & paste and submit to Discussion board with subject line Step 4A - Stakeholders) Describe the key stakeholder strategies and how the NFPO will attract and retain funders and volunteers. (copy & paste to Discussion Board with subject Step 4B - Stakeholder Strategies. Step 5: Choose the financial strategies Describe the NFPO revenue growth and cost efficiency strategies. (copy & paste to Discussion Board with Subject Step 5 - Financial Strategies) Step 6: Identify and describe the Key Internal Process Strategies (copy & paste to Discussion Board with Subject line: Step 6 - Key Internal Process Strategies) Step 7: Identify the Key Learning and Growth Strategies. (copy & paste to Discussion Board with subject Step 7- Key Learning and Growth Strategies) Step 8: Illustrate using Strategy Map (post & copy to Discussion Board with Subject Step 8- Strategy Map) 1. Identify Measures - Identify what information will best indicate whether the objective was achieved. List four to five strategic objectives per perspective (some objectives may require two or more). Blend measuress between leading and lagging (a leading measure predicts future performance while a lag measure reports on past performance) /efficiency & effectiveness (efficiency demonstrates good use of available resources and effectiveness shows whether the use of available resources achieves desired results) & cross sectional (an appropriate mix of measures from across the entire NPO) Use SMART measures (specific, measurable, attainable, realistic, timely) 2. Assign Weights to each perspective 3. Balance the Measures Do we have the right number of objectives/measures in each perspective? The standard objective range is four to seven. In terms of measures, do we have the right balance of leading and lagging, efficiency and effectiveness, and cross-section? Do the weightings still seem appropriate? Revise the balanced scorecard measures until each question brings about a positive answer. 4. Set Specific Targets 5. Complete and Illustrate on a Balanced Scorecard (submit to Discussion Board - Balanced Scorecard) 6. Make sure you submit each perspective individually as well with objectives & individual weightings, measures, targets and stretches (submit to Discussion Board - Balanced Scorecard - Details) Identify which current initiatives support the various strategic objectives outlined in the strategy map. Compare actual results with targets that you determined in The Balanced Scorecard - Step 4. Discuss the results Submit to Discussion Board - Review & Assess This is for the company red roof retreat. This is a Not for profit organisation course.
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