The nonprofit board confirms the organization’s vision, mission, core values, and philosophy of service delivery. They review the current services areas and any emerging issues that might affect services and the way they are delivered.
Once the context is established, the board identifies goals for the next three to five years. These goals should be reflective of the mission statement, and be specific, measurable and achievable within the identified timeline and resources. This is all outlined in the non-profit organization’s strategic plan.
The board might or might not go so far as to develop an implementation plan for their strategic directions. Typically, though, the Executive Director/CEO of a nonprofit organization consults with his staff to turn the strategic plan into an organizational workplan, ready to implement over the next few years.
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adjective 1. yielding profit ; remunerative: a profitable deal. 2. beneficial or useful. Origin: 1275–1325; Middle English; see profit , -able Related forms prof ...
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