Because developing a business plan is an intense and time-consuming process, many leaders of nonprofit organizations may feel they lack the time and resources for such an undertaking – particularly if they have been operating successfully. But the process brings many benefits, according to the May issue of “Leadership Matters,” including helping leaders to achieve greater strategic clarity about their programs and identifying the resources required to provide and manage them.

Based on the experience of more than 80 nonprofits, the Bridgespan Group, a nonprofit organization bringing leading-edge strategies and tools to the challenges and opportunities facing nonprofit organizations and foundations, found that business planning enables an organization’s leaders to connect the dots between mission and programs, to identify conditions that lead to better outcomes, and develop a roadmap for expanding services, along with clear measures and milestones to stay on track.

Find out more at http://www.clickpress.com/releases/Detailed/12322005cp.shtml.