How can I do a SWOT analysis for a non -profit organization?
Performing strengths and weaknesses, opportunities and threats for non -profit organization is as easy as using the principle of SWOT Business Planning strategy for non -profit organization. This can be done by discovering strengths, opportunities, weaknesses and threats for non -profit organization. The strengths of the non -profit organization include voluntary work and gifts, weaknesses include excessive relying on gifts, opportunities include government incentives and threats include too much competition.
The first step in performing a SWOT analysis for a non -profit organization is to find out where the strengths of the non -profit lie. This includes the determination of characteristics that place a specific non -profit organization in the position of strength in relation to all other non -profit organizations both in the selected niche and in other areas of specialization. They are also worried about the qualities that make non -profit organizations in itself a stronger organization, as well as these features can draw to help grow. MEZI The strengths of the non -profit organization include the fact that most of the work is done by volunteers and the fact that most of the money and materials that non -profit organizations do not use for their operating costs and charity work come from donations.
Weaknesses identifiable in SWOT analysis for non -profit organization include all the factors that put the organization into weakness. Such things could include the fact that they are dependent on contributions and gift. This is something that non -profit organizations are unable to control because they cannot force people to give them money. Therefore, the non -profit organization is forced to depend on the goodwill of contributors. Since it has no way to predict how much they receive in any business cycle, it is really difficult to create a budget.
Opportunities in SWOT Analymes for non -profit organization are factors such as government incentives. MostNon -profit organizations are eligible for all kinds of government grants that may relate to their mission. In addition to grants, they are also eligible for all types of tax deductions and exemptions, which further releases capital that can be used for their work. Other opportunities that may be capitalized include the ability to organize fundraisers to help them make money and the ability to organize other functions such as raffle drawings.
Threats in SWOT analysis for non -profit organization include all those aspects that threaten the continuing survival of the non -profit organization. The main threat to non -profit organizations is a decline in the economy that is reflected in the reduction of charity gifts. Another threat is too much competition of too many non -profit organizations working for the same purpose. As a result, it is harder for people to choose which non -profit organizations donate, and it also leads to the division of funds into Smaller pieces.