Strategic Plan: Part 2In this second part of the final strategic plan development assignment, you will follow up on the introductory activities that you completed during the first portion in order to further develop your strategic plan. Please be sure to make adjustments as necessary based on some of your own desired adjustments and the professor’s comments as you work through the second part.During this portion of the process, your submission, which should be at least two pages in length not including any figures/graphics and the updated first portion, should include the following components:
- the results of a SWOT (strengths, weaknesses, opportunities, and threats) analysis or similar analysis assessing current internal and external areas of concern, strengths, and opportunities as the strategic plan progresses This cannot be the same SWOT analysis that you used for the Unit IV assignment
- identification of organizational stakeholders, internal and external, and how their needs and participation will likely influence and contribute to the plan’s development.
Be sure that you are remaining consistent with your organization. Also, please include Part 1 with updates based on feedback from your professor and Part 2 of your plan in one document. Please include only one title page and one reference page with this assignment.
I have attached previous assignment with instructor comments.
UNIT VI COURSE PROJECT-STRATEGIC PLAN 1
Course Project- Strategic Plan
Columbia Southern University
UNIT VI COURSE PROJECT-STRATEGIC PLAN 2
DuPage Foundation is a small not-for-profit organization located in DuPage County in
Chicago, Illinois. The foundation was established with intentions of making DuPage County better
through empowering locals and making sure that development projects are established and
supported till their successful completion. For this strategic plan, it shall be applied within the
DuPage area where the foundation has been targeting since its establishment. This is because in
DuPage County, there are emerging needs that falls under charity and societal needs that ought to
be taken care of. However, DuPage Foundation has a specific way of disbursing the finances
received from donors either in the individual, foundation, or corporations’ categories and for a
while, the process has remained stringent such that the process do not easily embrace emergency
cases that might be in need of help. For instance, instances where a community school supported
by the foundation got an infrastructure challenge that posed health and physical risks to the student.
The strict means of allocating finances hindered the foundation to take a fast action and ended up
taking more than three months.
This specific area requires strategic plan attention because the needs of the region are
increasing diversing. As the world and United States is growing, so do DuPage County especially
as the needs of the families are changing given new life challenges like those brought about by
COVID-19 are still emerging. It is evident that more than ever before, the needs in the society are
increasing and the new strategic plan would come as a great aid to the foundation to handle
possible community-related needs in the most amicable way possible granting priorities a chance.
The new strategic plan would also help the foundation to reach out to a higher number of donors
through whom the foundation can have ample finances to handle situations as they arise to the
satisfaction of the donors and project sponsors.Mark PantaleoWell defined introduction on key aspects for this analysis. Also, expectations are clearly outlined in your paper. Nice job developing your ideas on the topic in a creative manner
UNIT VI COURSE PROJECT-STRATEGIC PLAN 3
Strategic planning process is one that is faced with a series of challenges and these same
challenges are likely to get experienced in this case. Even though change is beckoning at DuPage
Foundation, massive caution is necessary to make sure that the strategic planning process gets to
attain the desired goals and objectives. Some of the possible challenges include; lack of alignment
between the past and current practices leading to confusion. Second major challenge is lack of
proper track progress on the new strategic plan and this can easily make the entire plan to fail. the
more reason is that each action set to be done in the process has an impact and failing to keep track
of the progress can allow the foundation to head towards the wrong direction without the
knowledge of the management team.
There is a possibility that some shareholders might be comfortable with the current
strategic plan and fail to support the new strategic plan. Lack of quality support can be disastrous
since for a strategic plan to work effectively, it requires the support of all shareholders as this helps
in reducing negative influence. There is also the possibility that some employees might not connect
with the new strategic plan calling for more investment in training and development. lastly, there
have been many instances where a new strategic plan is implemented and goals measurement fails
to take place to determine whether the company is headed towards the right direction of not.
Sluggishness is measuring the outcome of the strategic plan can affect the growth of the company.Mark PantaleoImportant aspects referenced here – very good review and results.
UNIT VI COURSE PROJECT-STRATEGIC PLAN 4
References Babafemi, I. D. (2015). Corporate strategy, planning and performance evaluation: A survey of
literature. Journal of Management Policies and Practices, 3(1), 43-49.
Butler, R., & Wilson, D. C. (2015). Managing voluntary and non-profit organizations: Strategy
and structure. Routledge.
Eggert, D., Emmel, B., Javenkoski, B., Ojiaku, P., & Palmer, M. (2015). Strategic Planning
Considerations for Expansion of Low-Income Tax Preparation Services in the Metropolitan
Chicago Area. In Workshop in Public Affairs.
Haddad, C. R., Ayala, D. H. F., Maldonado, M. U., Forcellini, F. A., & Lezana, Á. G. R. (2016).
Process improvement for professionalizing non-profit organizations: BPM approach.
Business Process Management Journal.
O’Gorman, M. (2020). Strategic corporate conservation planning: a guide to meaningful
engagement. Island Press.
Ragsdell, G., Rathi, D., Given, L. M., & Forcier, E. (2016). Knowledge needs in the non-profit
sector: an evidence-based model of organizational practices. Journal of Knowledge
Robbins, S. P., Coulter, M. K., & DeCenzo, D. A. (2017). Fundamentals of management.
Santora, J. C., & Bozer, G. (2015). How nonprofit organizations can ensure stability and
sustainability through succession planning: Make HR a strategic partner in the process.
Schatteman, A., & Bingle, B. (2015). Philanthropy supporting government: An analysis of local
library funding. Journal of Public and Nonprofit Affairs, 1(2), 74-86.Mark Pantaleodid not note where these references were used in the paper. In-text per APA style. Ensure to review APA Formatting for the 7th Edition Review link for title page, intext citations, and reference page formatting. https://apastyle.apa.org/style-grammar-guidelines/paper-format/student-annotated.pdf
- Course Project- Strategic Plan
- Bryan Reitsma
- Columbia Southern University