I have selected a non-profit organization to respond to this discussion. Mostly, non-profit organizations are run by volunteers. Volunteers don’t expect money for their services. However, some of them change frequently with the tacit knowledge. Moreover, retaining business related records is a big challenge for the organization. In order to hold their knowledge, they have to maintain all records in documents. Knowledge transition would also help the new employee to know better and think out of the box to expand the firm. Weekly meetings would help them where are they and what they have to do for later and how are they doing. Daily creating a document about what they did so far also helps the organization. Modifying these documents weekly and
Successful management of a not-for-profit organization requires providing high-quality service, but at the same time, careful administration - to reduce expenses and automate processes are ongoing requirements. Each type of not-for-profit organization has unique management needs. For example:
The difference between for-profit and non-profit hospital has been debated for a long time. The established of the two differentiates institutions of health has also had controversial twists concerning their societal role. For-profit hospitals are said to be after money more than service delivery, while non -profit are not. Both hospitals use their market power in a similar way that it is sometimes hard to differentiate their behavioral characteristics. From research, it has shown that knowing the differences is relevant.
The NCAA is a non-profit organization that organizes and executes college sports, which includes football, basketball, etc. Key word from the previous sentence would be “non-profit organization”. What kind of “non-profit organization” makes as much money as they do? The NCAA players bring in great revenue with their outstanding efforts in bringing their team up to the top, because that is what the fans like to watch. Now does it seem fair that the NCAA does not give the players back any money at all to the players that actually bring the money in? In simple terms the NCAA makes large amounts of profits and needs to start distributing some of the money to the players (History of College Basketball, 2013). According to another article, the
For-Profit versus Non-profit entities in relation to healthcare organizations, both have similarities and differences within their healthcare concept. Therefore, one needs to analyze key components of both health care entities.
A not-for-profit organization responsible for the provision of leisure services would be Boys & Girls Club. This is an organization that truly holds up the values of being a not-for-profit organization. Their mission is "To enable all young people, especially those who need us most, to reach their full potential as productive, caring, responsible citizens" (Boys & Girls Clubs of America, 2013). With a mission such as this it is obvious that this is an organization that is about the youth and enabling them to grow as individuals.
The debate on whether all healthcare institution should be non-profit rises many issues and they have been heavily debated. The best way to examine this to analyze if non-profit hospitals are in fact better that for
This paper will discuss about organizational structure, philosophies and business practices of for-profit healthcare organizations and non-profit organizations. The most essential dissimilarity between nonprofit and for-profit organizations is the reason they exist. As for-profit organization in healthcare, they are generally found to generate income for entrepreneurs and their employees. However, nonprofits are generally found to serve a humanitarian or environmental need. Furthermore, nonprofits an organization does not pay property taxes due to a consideration of a charity and they establish a certain community in agreement with state and federal
I agree with you Kelsey. Social purpose ventures and non-profit ventures do not have to put economic profit at the top of their agenda, and I like your point that though they do not have to make profit, they must be “sustainable and scalable.” In the case, NCV also has to consider this point. That sustainable and economic circulation could be a great driving force for their future business, and they can be empowered by the reasonable economic
Grand Junction, Colorado is a town in Western Colorado that has taken steps to excel in the health care field by providing cost effective and efficient care to their community. In lecture this week, we have learned that the key system concepts are: shared vision, shared reality, people, parts, interrelationships, leverage, adaptability and iterative learning.1 The article: Grand Junction, Colorado: A Health Community That Works, is an example of a patient-centered medical home that currently exists in the United States, and should be looked at as a possible solution to our current health care overspending crisis. I believe that the health care provided in Grand Junction, Colorado has excelled in all these concepts and will discuss their
Disadvantages for non-profit hospitals is they are not owned by anyone; meaning that some non-profit hospitals may not be able to afford all of the latest technology or sometimes offering the cost-effective services when operating in lower-income areas. Non-Profit hospitals have “higher operating costs because of a high amount of uncompensated care and the charitable component of their operations” (Kovner & Knickman, 2008).
There used to be a time when zoos used to be full of animals. A time when extinction was not a problem. That was the past. Today, zoos all around the world are missing many animals such as the African elephant or the dodo bird. All of these wonderful animals became extinct because we were careless enough to let them all die. World Wildlife Fund (WWF) is an organization that is trying to prevent extinction from happening. WWF is an environmental organization dedicated to “protecting the world’s wildlife and wetlands” ("World Wildlife Fund"). It is one of the largest private supported conservation organizations in the world, with support from one million members in just the United States. WWF was formed on September 11, 1961 in Morges,
Nonprofit Organizations The purpose of this research is to define nonprofit organizations, describe opportunities that are present in nonprofits, outline advantages and disadvantages of working in the nonprofit sector, and explain how you can determine if this is an area for you to consider as a career. WHAT IS THE NONPROFIT SECTOR? "Nonprofit" is a term that the I.R.S. uses to define tax-exempt organizations whose money or "profit" must be used solely to further their charitable or educational mission, rather than distribute profits to owners or shareholders as in the for-profit sector.
In today’s world there are hundreds of thousands of non-profit organizations (NPOs) established at the local, regional, national and international level, and their influence is increasing. Non-profit organizations even considered the third sector of the economy (the first two is the public and private, or commercial). It is believed that they have a special role in development of civil society. In those countries, which have largely shaped the system of legislative regulation of the sector (USA, UK, Australia, etc); the state spends huge sums on research programs in the field of standardization of the NPO.
Most people believe that non-profit organizations do not have competitors similar to for-profit companies, but that is a wrong impression. To put this equation in a simple term, total annual contribution donated from individuals, corporation, bequests, and foundations are over $358 billion (http://nccs.urban.org/nccs/statistics/charitable-giving-in-america-some-facts-and-figures.cfm). A non-profit organization must compete with other organizations to take a piece of this pie or else can’t raise funds. If no funds is raised there will be no revenue and no student can be assisted for their college. Live on Grades have many competitors such as MDRC, QuestBridge, National College Access Network (NCAN), and others (https://www.collegeraptor.com/blog/getting-in/8-awesome-organizations-that-help-low-income-students-get-to-college/)
The ethical decision is challenging and probably blurry for decision-makers. Mostly, it creates a dilemma where fierce antagonism arises from listening to the voice of conscience and the voices of other opinions surrounding. Profoundly, the winner is determined by how willing the person to pursue the goodness and choose freely to pay attention to the inner voice or mute it. Moral philosophers are contributing in providing an instrument to enable us to heed to the verdict of conscience, by which will be the compass through the decision stages. Kant analogizes the role of the moral philosopher to reveal the ambiguous perception of what it is moral to be clearer and shimmers dazzlingly.