The Relation Between Information Sharing And The Organization

Information Management has to do with capturing information, efficient planning, organizing and evaluating the information to interpret for an organization to make well informed decisions. (Hinton, 2006) The main reason organizations depend on information is to improve its overall management in

The diversity of nonprofit organizations, services provided and the problems faced shows that nonprofits require leadership with an in-depth understanding of the multifaceted nonprofit landscape. Understanding the culture of nonprofit work is also crucial and much easier to understand once you have been through a nonprofit management program. My career interests lead me towards an avocation of a deeper knowledge of strategic management/planning, legal structure and standards, increase my skills in quantitative analysis of policy, financial governance and developing fundraising strategies. These areas allow for macro management within the nonprofit

Do you believe nonprofit managers have to pay more attention to stakeholders than business managers?

For-profit businesses are attentive to the simple fact that their stakeholders desire maximum profit for their investment, but this simple fact may only be correct for a few stakeholders. Corporations are facing more and more pressure to consider the social impacts of the business decisions they make. For instance, stakeholders are beginning to ask corporations about their environmental ethics. Stakeholders want to know if the business is operating in a way that is environmentally sustainable and socially responsible (Marshall & Woodward, 2004). Your analysis and facts were well written, but you did not provide your thoughts about which managers need to pay more attention to stakeholders. Do non-profit managers or for-profit managers need to pay more attention to stakeholders? Adding your thoughts for this section would positively add to your

According to our text, “Not-for-profit organizations lack a residual ownership claim and the organization’s purpose is something other than to provide goods and services at a profit.” “Because significant resources are provided to governments and not-for-profit organizations, financial reporting by these organizations is important.” (Page 2).

Information is the key to any organization in the world today; it is what makes an organization successful, accurate and proficient in an increasingly competitive market. Without information a company is powerless, it does not know its customer or understand them,

People often think of stakeholders as people with a monetary stake in an organization, but not necessarily true anymore. In the past, people considered stakeholders the people with a financial stake in the organization that would receive profits from the success of the business. Today stakeholders cover a much broader spectrum of people such as funders, administration, staff, volunteers, community, and the target population (Yuen/Terao, 2003). Each group of stakeholders has his or her influence on the program plan as well as the success of a human service organization and programs services (Yuen/Terao, 2003).

The nonprofit sector in America is a reflection some of the foundational values that brought our nation into existence. Fundamentals, such as the idea that people can govern themselves and the belief that people should have the opportunity to make a difference by joining a like-minded group, have made America and its nonprofit sector what it is today. The American "civil society" is one that has been produced through generations of experiments with government policy, nonprofit organizations, private partnerships, and individuals who have asserted ideas and values. The future of the nonprofit sector will continue to be experimental in many ways. However, the increase of professional studies in nonprofit management and the greater

Nonprofit organizations contribute many services within the communities they service. Their goal is to meet their mission and one of the main ways this may be accomplished is through their financial operations. Depending on the organizations size and mission some nonprofit organizations operate as charities where others operate more through philanthropy. Ostrower (1995) examined how charity is specifically directed towards the poor and focuses on meeting an immediate need. Philanthropy includes charity but also encompasses the wider range of public giving for public purposes (p. 4). In the following paper, it will briefly examine how nonprofit organizations utilize budgeting as a planning tool, management tool, and a communications tool.

Stakeholders play a critical role in the management and decision-making process of an organization. An example of a stakeholder includes employees, managers, patients, vendors, suppliers, the community, creditors, customers and the government (Daft, 2013). Also, Daft (2013) says, “Stakeholders are groups “within or outside of the organization that has a stake in the organization’s performance” (p. 23). There are a few differences surrounding stakeholder expectations between non-profit and for-profit organizations. The differences in nonprofit organizations and for-profit business organizations are the direction of activities for the end goal (Daft, 2013). Although it is very difficult to measure the impact that a nonprofit has on society, community, or a particular group as opposed to evaluating an income statement from a for-pro-profit organization. The same level of attention should be paid to stakeholder for nonprofit organizations as stakeholders of for-profit organizations.

Stakeholders determine the directions of the organization (Sackett & Weyhrauch, 2014). Nonprofit and for-profit organizations must determine the hierarchic of their stakeholders. Boutelle (2004) argued that stakeholders are aligned according to their influence and interest. Boutelle outlined four categories: high influence-high interest; low influence-high interest; high influence-low interest; low influence-low interest. Another method of ranking stakeholders is by their attributes: power, urgency, and legitimacy (Myllykangas, Kujala, & Lehtimäki, 2010). The purpose of this paper is to determine how stakeholder interests, opinions, and concerns are managed in nonprofit and for-profit organizations. Next, compare and contrast the differences in management of stakeholders between nonprofit and for-profit organizations. Last, offer research questions that review the effectiveness of management techniques.

Business executives and organizations use research data to answer questions regarding their practice, solve organizational problems, improve organizational performance, beat competition, and enhance employee productivity. The reliance on research data to improve outcomes on every area of the organization requires means that it is important to critique such studies and ensure that their assumptions, concepts, and conclusions are valid, reliable, and relevant. In the article Understanding Evaluation in Non-Profit Organizations, Carman (2011) looks at the concept of organizational evaluation from the perspective of nonprofit organizations. The aim of this

Shared information is important because top and middle level mangers spend most of their time exchanging information and make a majority of the organizations strategic decisions, therefore, based on this information. According to Daft (2013), in mechanistic organizational designs, vertical versus communication is common and involves top managers passing down information to employees about goals, strategies, job instructions, procedure and so forth. This sharing of information gives the employees the critical information that is needed to act quickly to complete specified task that are disseminated from top level managers. Next, information sharing is important to learning organization because they are trying to develop strategic plans in an effort to find their niche in the global market. Therefore, sharing information with global colleagues or competitor can result in process improvement and eliminates the possibility of making the same mistakes that have been made in the past.

Many factors can affect the sharing of knowledge in organizations, such as organizational culture,incentive and trust.

A) To begin with, Dretske Fred (1994) mentions that a role of information is “To make this work the idea information must be operational in such a way as to give semantic properties a role in information system behaviours.” This therefore suggests that businesses must use information to produce new innovative ideas which could benefit their business for example new packaging of sweets will attract customers to purchase the sweet and this could lead to an increase in sales.