18 Nov For-profit businesses typically analyze their strengths, weaknesses, opportunities, and threats
For-profit businesses typically analyze their strengths, weaknesses, opportunities, and threats (SWOT) to determine how they can improve their competitive position. In Milestone Three, you will use a SWOT worksheet to support your analysis of the financial strength of the not-for-profit organization that you chose for your final project. This analysis is an important part of the overall strategic analysis report that you will write as your final project. In addition, you will consider the ethical implications of financial management in a not-for-profit organization.
Use the Swot Analysis Worksheet to assist you in analyzing the financial position of the not-for-profit organization that you have selected for your course project. You will not submit the SWOT worksheet for grading.
Overview: Because the money needed to operate a not-for-profit organization comes largely from private donations and public grants, spending the money
wisely is a top priority. In addition, where there is money, there is the temptation to misuse it. Strong financial management and a commitment to ethics go
hand-in-hand for a well-managed not-for-profit organization.
Complete the SWOT Analysis Worksheet to assist you in evaluating the financial management practices and ethical considerations of your chosen not-for-profit
organization. You will use this information to prepare your analysis. You will not submit the worksheet as part of the milestone assignment.
Prompt: Analyze the financial management and ethical practices of the not-for-profit organization on which you will perform your strategic analysis.
Specifically, the following critical elements must be addressed:
I. Introduction: Write an introduction to your paper that includes a hook and a controlling idea (thesis). The introduction should generate interest and let
the reader know what to expect in the paper.
II. Analysis:
a. Finances:
i. Discuss the organization’s current budgetary resources, structure, and responsibilities.
ii. Discuss the organization’s current fundraising campaigns, grant possibilities, and planned giving opportunities and their impact on the
overall budget.
iii. Determine potential challenges to the financial operation of the organization based on your analysis of its overall financial management.
b. Ethics:
i. Discuss the organization’s handling of budget and fundraising transparency, specifically in regards to its adherence to established codes,
principles, and ethics of the industry.
ii. Discuss ethical considerations the organization faces related to conflict of interest, privacy, and compensation.
iii. Evaluate how the ethical operation of this organization has impacted its public image.
III. Conclusion: Write a conclusion to your paper that summarizes the organization’s leadership strategies and communication practices. Tie the conclusion
back to your controlling idea (thesis).
Rubric
Guidelines for Submission: Submit a 3- to 4-page Microsoft Word document (not including the title page or references). It should be double spaced with 12-point
Times New Roman font, one-inch margins, and APA formatting
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