After the needs assessment has been completed, the next element of the strategic plan involves developing the strategic issues. Key tasks associated with the strategic issues include conducting a gap analysis, performing an environmental scan, and developing stakeholder surveys. The actions are performed so that you can conduct a SWOT analysis. SWOT stands for STRENGTHS, WEAKNESSES, OPPORUNITIES, and THREATS. A SWOT analysis is used to help an agency, organization, or community better understand the business and environment in which it operates. The goal of developing strategic issues is to list or map out all of the strengths and weaknesses, and then to do the same for all of the opportunities and threats. This helps the organization to identify a strategy for planning. Opportunities that match the strengths are things that should be pursued. Threats that particularly align with weaknesses should be especially avoided when developing a strategic plan.
For this Assignment, you complete a SWOT analysis for your Capstone Project agency, organization, or community.
To prepare:
Identify and describe internal conditions that might impact the implementation of the strategic plan.
Address how you would minimize the impact of those conditions.
Identify and describe external conditions or competitors that might impact the implementation of the strategic plan.
Address how you would minimize the impact of those conditions.
Consider how you might plan to work with competitors to meet the needs of your targeted agency, organization, or community.
State why each item on the list is a strength.
State how you plan to utilize each strength to positively the impact the development or implementation of the strategic plan.
State what causes each item on the list to be a weakness.
State how you plan to minimize the impact of the weakness.
State what causes each item on the list to be a threat.
State how you plan to minimize the impact of the threat.
State what causes each item on the list to be an opportunity for improvement.
State how you plan to incorporate the opportunity in the implementation of the strategic plan.
Support your Application Assignment, citing all resources in APA style, including those in the Learning Resources.
Nonprofit Answer Guide. (n.d.). What’s the purpose of the environmental scan and how do we get this? Retrieved from http://nonprofitanswerguide.org/strategic-planning/
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