If you plan for change and manage it effectively then you will avoid problems. Here are questions to help you consider your charity’s future.
- Have you considered the future sustainability of the charity you manage – balancing what is needed now with what will be needed in the future?
- Have you identified the mix of skills, knowledge and experience which the charity needs?
- Have you reviewed whether your charity’s governing document gives you the powers you need to achieve the charity’s purposes and to manage resources effectively?
- Have you started to review and assess the risks faced by the charity in all areas of work and to plans for the management of those risks?
- Have you considered whether collaborations and partnerships with other organisations could improve efficiency, the use of funds and the better delivery of benefits and services to your charity’s users?
- Have you reviewed whether the charity’s purposes as set out in the governing document are up to date and relevant to the needs of your charity’s users?
- Do you identify emerging trends in the environment in which your charity operates and use this information as part of your planning processes?
- Have you ensured financial sustainability by managing cash flow and monitoring and reviewing financial performance during the year?
- Have you considered the sources of your charity’s income and have a strategy in place to raise the funds it needs - diversifying sources of income as far as possible?
- Are you complying with your legal obligations (and best practice), as set out in the Statement of Recommended Practice (SORP), to produce annual accounts and a report which includes an explanation of what the charity has done for the public benefit during the year?
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