NFP Consulting Group Experience Expertise Excellence

Why Consider Strategy?

The development of a strategic plan is often mistakenly thought to be something that only large corporate groups or listed companies do. The opposite is, in fact, the truth – strategy development will aid any business – whether you have 5 employees or 5,000! All organizations, large or small – for profit or not-for-profit need to think about the future – even if you can’t predict it!

Developing a strategy for the future ensures that organizations aren’t just hoping that the status quo will continue and something will just "pop up" . Organisations that do not plan for the future ultimately contract and fail. Organisations that plan for the future are generally better managed, better resourced and have a much better chance of survival.

What is Strategy?

Strategy (or Strategic Development, or Strategic Planning) is basically a roadmap for your organisation’s future direction. Strategy, if properly implemented, should:

• Reflect and reinforce the values and ethics of your organization.
• Link the future to the present.
• Underpin the Business Planning process (See NFP’s discussion paper on “Business Planning”)
• Ensures that change and challenge are part of your organisation’s processes.
• Helps with decision making.
• Ensures everyone in your organization knows the direction the organization is headed in and their part in it.
• Increase profitability and /or organizational effectiveness.
• Clearly separate your organization from your competitors.

Is There a Standard Format ?

Whilst there are well defined processes and steps to help develop your strategic plan, there is no truly standard format. Each organization must develop a strategy which meets their needs – this may entail considerable work and significant documentation for large complex organizations, to simple, specifically targeted strategies for smaller organizations. The most important thing in developing an organization’s strategy is adaptability – seeing what "fits" and working on those areas with enthusiasm and commitment.

NFP’s Approach

NFP believes in working very closely with their clients throughout the whole strategy development process – from pre-work scoping to the final developed plan and communication process. And the commitment does not stop there – once the initial project is completed, NFP offer continued assistance and advice over the full implementation process.

NFP can also offer a continued consultancy in an annual post audit process as well as assisting in redefining priorities as market conditions change.

NFP strongly recommend the development of a comprehensive Business Plan linked to strategy so that high level targets can be translated into measured achievements.

NFP’s consultants and associates have substantial experience in strategy - both the profit and not-for- profit areas. We look forward to discussing your specific needs in a no obligation meeting, to help define and plan your next steps in the strategic development process.

What next?

NFP CONSULTING GROUP PTY LIMITED is a boutique consultancy providing practical assistance to organisations, their boards, management and staff in a cost effective manner across a broad range of issues. Call 02 8865 8800 today to speak to IAN MCHUGH, Director about how NFP can help your organisation achieve its full potential.

NFP Consulting Group Pty Limited
www.nfpconsulting.com.au