SWOT. SWOT for Fundraising. Internal. External. Strengths Weaknesses



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Transcription:

SWOT analyzes strategic fit between internal and external environments SWOT for Fundraising Internal Strengths Weaknesses External Make organization more effective and sustainable than other agencies. Can prevent organization from achieving strategic objectives. Resources - Money, time, brand. Time includes staff, board and volunteer FTE, competencies, networks, and performance level. Adaptive, leadership, management, operational, technical capacity Focus - Clarity of mission, vision, strategic direction, theory of change, articulation of logic model, culture, values, leadership, documented success Culture of philanthropy - Board and E.D. participation and financial contributions, staff involvement, development department participation in strategy Expertise - Core competencies, expertise (or gaps), areas of success (or failure) Staffing practices - Do recruitment, selection, benefits, retention, evaluation get the right people in and the wrong people out? Opportunities Favorable trends or changes, overlooked resource or need. Threats Unfavorable situation, competition, trend or changes. Natural donor constituencies - Current and prospective donors & funders who may also be stakeholders; staff, board and volunteer networks; those interested in cause and available to organization Stakeholders - Clients, other beneficiaries, volunteers, donors, partners, allies. Other External Resources - Fee for service, earned income, contracts, grants, partnerships Alignment Fundraising, mission, competencies, and strategic direction. Competition - Are other agencies better positioned to receive government funding or public donations? Do other agencies produce the same or better outcomes? Do we deliver better quality, results, cost or other unique features relative to other agencies? Collaborators - Is it a real, working partnership with clear outputs and documented client & organizational outcomes? Opportunity to segment clients or services for greater impact and higher funding options? Opportunity for partnerships for larger funding, or for subcontracting? Demand for services - Is there a demand and is that demand considered important by funders. Operating Environment - Forces, trends and characteristics including STEEP: social, technological, economic, ecological, political. Fundraising SWOT and TOWS 1 Arthur Davis Consulting, 2015

SWOT analyzes strategic fit between internal and external Environments SWOT for Fundraising The Parking Lot Put specific tactics (more direct mail, bigger event, door-to-door outreach, etc. in a parking lot). Don t confuse with external opportunities. Limits [Bensoussan, Fliesher, 2013]: 1. Can be less discriminatory about the items listed--less ranking 2. Interpretations vary--is this a strength or weakness, opportunity or threat 3. Often needs further development of weaknesses and threats due to blind spots 4. Static - does not show change over time Fundraising SWOT and TOWS 2 Arthur Davis Consulting, 2015

TOWS Identifies strategies to maximize opportunities and minimize or transform threats TOWS for Fundraising Fundraising SWOT and TOWS 3 Arthur Davis Consulting, 2014

Kaiser House of Care Example Strengths Major Donors: o 600 loyal, high giving level donors, capacity for greater giving and bequests. Individuals, corporations, family foundations, community foundations and religious (the major donors were developed through matching funds campaigns). o Growth in number major donors each year over seven years. Brand: o Great reputation with individual, corporate and religious donors. o Well-known among social service providers in Seattle s Pioneer Square area o Reputation in religious community: Founded by priest who is still available to assist; board and staff members with strong ties to faith communities. Credibility with articles in religious periodicals, support from religious organizations. o Founder retired but available to assist. Donor mix: Mix of individual, corporate, institutional and foundation support. Success with annual event and direct mail. Board participation. Cash in bank: Can be used to jumpstart fundraising, temporarily run deficits (to allow time for fundraising), or create new strategic initiatives but not all three. Weaknesses Donor Cultivation: o Major donors do not receive cultivation o Declining number of smaller donors (fewer than 1,000 and dropping). o No outreach to potential segments including medical and other students o Majority of matching funds (that built major donor list) no longer available o No bequest program Program positioning: o Many programs do not qualify for county, state of federal funding o Many clients already have case managers at other agencies. While they find success at Kaiser, funding streams are already committed for those clients. o Client demographics: High level of client need but primarily older and white which precludes funding for minorities or children. o No new programs and long-term clients means few opportunities for new projects. o Lack of revenue from hospital partnerships. o Developing clarity on strategic vision/direction, program goals, outcomes and budgeting. o Provides an array of valuable services (e.g. wheel chair, handicapped equipment and eyeglass programs, but not one focused message (such as we feed the hungry ). o Relatively small number of clients receive broad range of services. Fundraising SWOT and TOWS 4 Arthur Davis Consulting, 2014

Kaiser House of Care Example Staffing: o Small staff o Staff was never connected to donors through founder, and staff turnover over the years has resulted in further lost connections. o Development program is only eight years old in a 25 year old agency. o Most of board not yet active in fundraising. No marketing and communications plan. Merged with another human services agency ten years ago, but funders did not follow, and grant opportunities decreased with one organization instead of two. Cash in bank: Some funders will question need based on balance sheet. Opportunities Constituencies for fundraising: o Major donor pool (including bequest opportunities) o Religious communities that believe in service to the poor as a foundational religious element. o Employee participation and corporate giving from multiple hospital partnerships o Kaiser Foundation trustees who want to support legacy. o Founder s supporters who want to support his legacy. o Foundations: family foundation, other foundations with history of giving, religious foundations o Board networks including major donors, corporate contacts and religious communities. o Strong contacts for board recruitment. o Program Partners. Capacity building program funding because larger grants are available for this purpose. Threats/Challenges Broader public may not be interested due to: o Small geographic area o Mission focus on ending social isolation rather than basic services o Not known in larger community. o Assumption that Kaiser Foundation still provides funding. o Confusion with (separate and much larger) Kaiser Community Services Competitors growing and consolidating difficult to compete Declining funding from Kaiser Foundation has led to budget deficit. Early supporters aging out. Example based on multiple agencies with substantial modifications Fundraising SWOT and TOWS 5 Arthur Davis Consulting, 2014

TOWS Example Kaiser House of Care Opportunities Constituencies: major donor pool, bequests, religious donors, hospital partnerships, Kaiser Foundation trustees, Founder s supporters, Family foundations, Board networks, board recruitment, program partners. Grant funding for capacity building Threats Broader public may not be interested Competitors growing and consolidating Declining funding from Kaiser/deficit. Early supporters aging out. Weaknesses Donor Cultivation: Major donor cultivation, declining # of small donors, no outreach to other segments. Program positioning: Not government reimbursable. Few new programs/clients. Client demographics. Tough sell to broad public. No partnership revenue. Staffing: Staff turnover, young development program Plan: No mktg./communications plan. Merger: Funding lost through merger (but opportunity for new fundraising). Cash position: Funders could question need. Use Opportunities to overcome weaknesses Individual and small group cultivation and networking: phone calls, visits, small events, targeted public appearances Staffing: Create continuity through involvement of E.D., Founder, longtime board members and volunteers. Focus on charity aspect broad case for helping the poor and isolated supported by individual stories Partnerships Tailor marketing plan to likely donors Minimize Weaknesses and avoid threats Narrow targeting: Avoid broad-based, resource-intensive efforts such as a walk/run or city-wide promotional campaign Develop donor networks for new donors to replenish pool. Develop outcomes data to support case Strategic Option: Stay small and cut costs Strengths Major Donors: Number, growth Reputation: with existing funders, other agencies, religious community Founder available Diverse donor mix Cash position: available for investment Use Strengths to take advantage of opportunities Individual major donor relationship development and networking Targeted group promotions (e,g., events at agency, religious conferences, retirement centers, churches) Clear case for capacity building program to build major donor and bequest program Hire contracted, high-level, outside assistance in building major donor program. Use Strengths to avoid threats Narrow targeting: Use broader public appearances as opportunity to burnish image and for incremental growth Market to strengths through individual client stories Expand based on networks of existing supporters Possible direct mail to narrowly targeted religious donors. Option: Invest cash in new competitive programs. Example based on multiple agencies with substantial modifications Fundraising SWOT and TOWS 6 Arthur Davis Consulting, 2014