Strategic plans are an efficient way for organizations to establish goals related to time. Strategic plans are critical to tracking progress over time and allowing the organization to self-assess and improve through the redistribution of resources where they are most efficient.

The California Association of Bond Oversight Committees (CABOC) is a recently created nonprofit organization in need of a strategic plan that will focus the organization’s staff and resources towards more effectively executing their stated organizational objectives. Recognizing this problem and utilizing knowledge gained throughout the University of Southern California’s (USC) Master of Public Administration (MP A) program, the USC Capstone Team composed the following problem statement:

The California Association of Bond Oversight Committees requires a sustainable strategic plan to operate as an efficient nonprofit organization. The CABOC lacks organizational structure, training curriculum, fiscal sustainability, and performance metrics to assess progress towards strategic goals.

After meeting with the CABOC and researching the CABOC’s stated objectives, the team’s problem statement led to five essential research questions to guide the project:

RQ #1: How will a sustainable strategic plan help the CABOC develop organizational goals and objectives that assess progress over time?

RQ #2: How can the CABOC be best organizationally structured to support its mission?

RQ #3: How can the CABOC facilitate an effective and easy-to-access training program to meet the needs of its constituents?

RQ #4: How can the CABOC diversify its revenue stream to provide a more stable and sustainable financial structure? What tools and best practices can they employ to achieve their organizational goals?

RQ #5: How can performance metrics serve the CABOC to transform their mission, strategy, and organizational goals into key measurable performance indicators that govern organization actions? Which performance measurement model best serves to achieve their organizational goals?

Complete USF Study. Bond Oversight Done Right: A Strategic Plan Proposal for CABOC.  67 page PDF:  https://www.bondoversight.org/wp-content/uploads/2021/12/StrategicPlan_8.14.21_USC_final.pdf