Strategic Management

Every organization relies on its own unique bundle of organisational stakeholders. Each one of the relationships between the organisation and its stakeholders is influential in its ability to serve its mission and achieve above average profits in the profit sector or to create value in the not-for-profit sector. However, there are several ways that stakeholder management differs between the for-profit and notfor- profit organisations. It is easy to think of a for-profit firm that has product market stakeholders, such as customers, who can add or subtract their support by their decision of whether or not to purchase the firms products or services. But to know who is are the customer for a not-for-profit, and are the categories of product, market, organization, and capital market stakeholders might be challenging to obtain the needed information.

1. Decide on ONE not-for profit organisation either local or international based. Write a detailed information regarding the chosen not-for profit organisation as history, founders, activities, vision, mission, goals, objectives and determine three (3) key strategic initiatives of this not-forprofit organisation chosen. (50 marks)

- 1 non-profit company CLO 2 : Formulate the organisational vision, mission, goals and objectives of the organisation