Strategies for Universities & Nonprofits
What is strategy for a nonprofit organization? Historically, many organizations have confused mission statements or aspirations with strategies. Their performance has suffered as a result. Using many of the same strategic frameworks used by companies, the Institute helps leading universities and nonprofits develop a strategic focus and deliver more value to the people and communities they serve.
Strategy for Non-Profits
The Museum Value Chain
Choosing how to perform and integrate these activities determines how much social value a museum can create.
More about the Value ChainThe Goals of Social Organizations
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The fundamental purpose of a social enterprise is societal value creation
Value=Societal Outcomes AchievedCost of Delivering Those Outcomes
- Social organizations must define their customer or customers
- The desired societal outcome for these customers must be quantified and measured
- Social organizations often pursue multiple societal outcomes, which requires multiple measured goals
- Understanding the full costs of delivering outcomes is essential to ensure that true value is being created, e.g. cost per recipient