ADMS 1000 Lecture Notes - Lecture 5: Fiedler Contingency Model, Fiduciary, Crayola
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Non-profit organizations produce, process and market goods and services for consumers, while turning a profit for themselves. Registered charity a type of non-profit organization has the ability to provide their donors with tax receipts subject to more regulations. Contributed 8% of gdp (bigger than motor vehicle manufacturing, oil and gas mining) Board of directors are volunteers and hire ceo which hire employees. Make mission of the organization the central focus of activities by judging all functions and decisions against it. Guard the values of the organization through explicit deliberation and discussion. Keep the organization focused externally on the needs of its stakeholders. Assure the performance of staff and the continuous quality improvement of the organization. Focus on the future by providing strategic leadership for the organization and defining its vision. Types of governing boards: working boards, where board members do the organization"s work or work closely with the staff to carry out the operations of the organization.