Courtney, your discussion board post covered all of the questions thoroughly and accurately. The exchange of information among organizational employees is vital for an organization to succeed (Cabrera & Cabrera, 2002). In reference to your analysis of shared information, you correctly pointed out how the structure, tasks, strategy, and culture of performance and learning organizations are very different from one another. The performance organization is designed with a chain of command or hierarchy (Daft, 2013). The vertical structure makes the organization more rigid or inflexible than the loose or flexible culture found in a learning organization. According to Daft (2013), "vertical linkages are not sufficient for most organizations today" (p. 133). A performance organization with a vertical structure is typically focused on …show more content…
However, it is interesting that you believe non-profit managers do not need to pay more attention to stakeholders than business managers do. It is true that non-profit organizations are not organized for the sole purpose of making money, but non-profit organizations are still required to pay employee salaries and other business expenses. In other words, non-profits are still accountable to their respective stakeholders. Marshall and Woodward (2004) postulate that, "It would also be reasonable to speculate that the number of stakeholders that a non-profit organization must take into account is greater than for-profit organizations" (p. 101). Your statement that non-profits should be managed in a way which places ethics or the needs of others ahead of a profit is correct. However, non-profit managers must find a balance between the needs of others and the organization's need for positive cash flow. Many non-profits would not exist without the support of their stakeholders. Non-profits need to pay as much attention to their stakeholders as for-profit businesses
Non-profit organizations include, but are not limited to: Fraternal beneficiary societies, orders or Associations, cemetery corporations and corporations organized or trusts created for religious, charitable, scientific or educational purposes or for the prevention of cruelty to children or animals, home owner associations, business leagues or organizations not organized for profit but operated exclusively for the promotion of social welfare, as well as clubs organized and operated exclusively for pleasure, recreation and other non-profit purposes. The net profit of these organizations cannot benefit any private stockholder or member. An unwarranted salary, however, may cause a corporation or organization to lose its nonprofit status.
Do you believe nonprofit managers have to pay more attention to stakeholders than business managers?
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).
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
Q: Why is shared information so important in a learning organization in comparison to an efficient performance organization?
The book Charity Case, by Dan Pallotta, explores solutions to the problem many non-profits are encountering: a negative public perception in how these organizations allocate revenues. A sequel to Pallotta’s Uncharitable, a book bringing to light these problems, Charity Case furthers the discussion by offering solutions in how the non-profit sector can tackle these problems. This paper will first discuss one of the primary issues Charity Case aims to solve: legislative and public perceptions of overhead costs relative to program goals. Subsequently, this paper will then discuss the some of the solutions outlined by Pallotta and my takeaways and views of each.
With an economy driven by our relationship with capitalism and bottom lines, it seems inevitable that nonprofits also tap into these business dealings if they are to survive. The third chapter of Leslie R. Crutchfield’s and Heather McLeod Grant’s book, Forces for Good: The Six Practices of High-Impact Nonprofits, titled “Make Markets Work,” delves into the strategies used by nonprofits who harnessed business tactics in an effort to increase their social impact. Using three overall strategies- change business practices; partner with business, and run a business- Crutchfield and McLeod Grant describe how non-profits have achieved successful leverage in the business world.
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.
The goal for non-profit organizations its to set up a demographic for the certain charity and to reach these demographics in a proper way in order to receive donations. The donors do not just donate to anyone. It is important for the organization to first have a good reputation and a good standing. There are many non-profit organizations that do not stay true
Based on the NASCAR Under Cover Boss video from the YouTube, there are many themes that are related to the organization learning. One of the themes that have been identified in the video is knowledge sharing through teamwork. In the video, it is shown that his friend, known as Dion who is Rear Tire Carrier and his teammate are sharing their knowledge about tire and how to install the tire in the fastest way to their new member which is the Uncover boss. According to (Nelson, 1993), successful knowledge sharing results in firms mastering and getting into practice product designs, manufacturing processes, and organizational designs that are new to them. Sharing knowledge is common in some organization. Sharing knowledge is important for creating the fast solution and improves the response time. Organization are keep on changing nowadays either in technology, culture and structure. Through sharing knowledge, people can be up-to-date and are getting proper guidance to perform their job without any delays. Moreover, people can also improve their relationship and are comfortable dealing with their teammate when sharing knowledge is implementing into the organization and thus increasing the efficiency of the work.
The most frequent causes of litigation against non-profits and their directors and officers are cases concerning employment, such as discrimination, wrongful termination, and other civil rights. This has been true in the past, and continues to be true even as the business world changes. In fact, it is this changing environment
With them paying the CEO or high level executives it is taking away money that is to be used to support the non-profit’s cause. I do believe that employees of non-profit organizations should be paid in a similar range to employees of for Profit Company’s if they are frontline and management employees although I do not believe that the CEO should be paid “150 to 200 times the amount of an average workers wage.” (Bredeson) I do understand that they are doing more and should earn more than an average worker but it shouldn’t be so high in comparison, so I support using the egalitarian viewpoint and to “provide everyone with reasonable access to the wealth that a nation or a company has to divide.”
A non-profit organization cannot be effectively managed if it is not effectively planned. One of the challenges facing non-profit organizations has been long range, strategic planning. Long range, strategic planning in the non-profit sector is essential to the success of an organization. Long range, strategic planning encompasses broad policy and direction setting, internal and external assessments, attention to key stakeholders, the identification of key issues, development of strategies to deal with each issue, decision making, action and the continuous monitoring of results. (Herman, The Jossey-Bass Handbook of Nonprofit Leadership and Management, 154) While it is important to deal with the short term planning and activities of non-profits, managers or directors must consider the future of their organizations. Successful planning should be comprehensive, integrating all areas of responsibility of an organization.
A not for profit organization is a corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive (Legal, 2013).” There are immense community benefits as a not-for-profit generally accepts everyone regardless of ability to pay. Nonprofit organizations are granted tax-exempt status which helps them to provide services to the public and are expected to be effective managers of their finances as well as being efficient (Financial Management, 2010). In doing so, they can gain exemptions from federal and state incomes taxes and have the ability to solicit tax-deductible contributions (Financial Management, 2010). Organization must follow legal financial
The biggest thing I learned this semester is where to appropriately place commas and how parallel structure is really important. I never really noticed how much simple commas could change a whole story. Parallel structure is probably going to help me out a lot later in life especially in college because it just sounds better. It sounds more professional when you write things and the flow goes along with it. I learned that having people read over your work is probably the best thing you can do for yourself. It helps a lot when other people can help you see the mistakes you may have missed a thousand times before.