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The New AI Methods For Strategic Planning [Video]

The New AI Methods For Strategic Planning

How AI can significantly enhance the efficiency and inclusivity of strategic planning processes for nonprofits. Mike Burns, CEO of StrattSimple, shares his innovative approach to strategic planning through the integration of artificial intelligence (AI).

Mike starts with the point that one of the primary challenges facing nonprofits in strategic planning is the considerable time and financial resources required. Addressing this, he introduces his AI-driven solution designed to streamline and economize the planning process, making it accessible to more nonprofit organizations. His approach utilizes AI to facilitate comprehensive stakeholder engagement by rapidly and efficiently gathering insights from a broad spectrum of participants, exemplified by one client who interactively surveys 4,000 clients. Mike describes the value. . . “Imagine if you were doing that the traditional way and you had to interview each of those people. How long would that take? I don’t even know that it would be possible.”

The lively conversation highlights the fast-changing capability of AI in capturing and synthesizing vast amounts of data to identify key themes and insights. This process not only saves time but also enhances the depth of analysis available to decision-makers. MIke shares his enthusiasm for AI’s potential, stating, “Economists out there say AI is going to have a bigger impact on the economy than electricity. The more you work with it, the more you realize that this is changing everything.”

Co-hosted by Tony Beall and Julia Patrick, the episode explores the implications of AI in the realm of nonprofit governance, where strategic planning often involves complex layers of input from various stakeholders including funders, clients, team members, and board members. During the discussion, Mike elaborates on the importance of inclusivity and diversity in the planning process, asserting that AI tools can help ensure every voice is heard, thereby fostering a more comprehensive and effective strategic plan.

You’ll learn alot of what’s changing in the planning arena by watching. The cohosts and guest not only shed light on the transformative potential of AI in nonprofit strategic planning but also underscore the importance of technology in making strategic planning more manageable, cost-effective, and inclusive.

#nonprofitboards #nonprofitplanning #nonprofitmanagement #strategicplanning

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