Not-for-Profit Mid-Term Review

7 Pages
Unlock Document

University of Winnipeg
Business And Administration
Brendan Reimer

Not-for-Profit Management Mid-Term Exam Review: The Non-Profit Context: Harmonizing the Economy-John Restakis Reading: -Reading about the strength of the co-operative movement. -At a time when Socialism and Capitalism are imperfect systems, the Co-op movement is suggested as a system worth giving more thought. -Co-operatives are enterprises that are collectively owned and democratically controlled by their members for a mutual benefit. -Much discussion about the free market system and how it has never been an appropriate system for regulating the economy. Free market does not exist as when one of the controls set in place by the government fails, such as when the regulating bodies did not catch the banks errors in offering sub- prime loans the whole system fails. -During the most recent recessions almost all co-ops and credit unions did not need to ask for governmental intervention in their operations. Their economic model kept them afloat. -Posses the question as to why if we choose democracy in our political system what is so wrong with democracy in our economic system? -Free market means three things: a division of labour, the accumulation of wealth through economic development, and the freedom of enterprise. -Restakis believes that the use of co-operation as a model for economic and social exchange and the use of reciprocity as the basis for both economic and social reform is the way to go. Uncharitable by Dan Pallotta Reading: -More chances than ever before to have a world free of hunger, cancer,AIDS, etc. What stands in the way is the definition of morality itself. -Non-Profit means non-progress. This term apologizes for itself before it even begins. -America most charitable country in the world and people by and large want to progress charities in order to progress those in need they serve. -There is a non-profit ideology that has been forced down on these organizations that makes completing their mission a difficult task. Ex. Can't take risks because this may lead to losing money which could go to the needy. Shouldn't advertise heavily for the same reason. -Charity often denied the same benefits as for-profit companies (high paid executives) which put them at a severe disadvantage. -Charities told to act like a business but simply only in the efficiency model not in other important aspects. -Some charities are becoming flexible and venture philanthropists by investing in infrastructure and economically risky but rewarding investments. However, society as a whole still does not view this as acceptable. -Charity comes from the greek word for grace or love. Charity come a long way from individual to industrial but views have not. -Puritans and Christian views were the stems of charity as we know it today. -Puritans were obsessed with efficiency, a male dominated culture. Had a view that God chose who would be saved by his grace. Created a conversion anxiety where people did not know if they were part of this select group. -Puritan ideas laid the foundation for charity and non-profit but we need to move away from them. Self-interest should not mean you do not care or are not acting in a charitable fashion. -Ask Steven if this is the jist of it...?Setting Direction: Chapter 1: Establishing the Organizations Direction: -Mission is a blue-print for action. -Strategic Planning and Management: -Can help focus and refocus an organizations vision and priorities. -To define mission need to have leadership commitment, choose participants, and conduct research (history and profile of org.And environment). -2 to 3 day retreat often beneficial. First mission statement developed or revised. Then assessment of internal and external factors and how they will affect mission. Then goals and plans developed (strategic plan, implementation plan, operational plan, monitoring) -Strategic Plan: Tool that guides decision making by the organization's leaders on issues that are fundamental to the organization, containing mission statement, principles, goals, and strategic objectives. -Keys to success: Flexible and an ongoing continuous process. -Operational Plan: Specific actions that must be taken to accomplish each objective identified in SP. -Need not just inside leadership involvement but also outside directors. Stakeholders or visionaries outside of organization that may challenge status quo. -Outside facilitator may want to be used in strategic planning process or retreat. Benefits on Page 6. -Conduct an environmentalAnalysis: Key to understand the internal aspects of the organization and the external trends/issues (demographic, technological, economic, political, etc.) in society that may impact the organization. -Plan and organize Retreat: -ARetreat away from the office. Use of a facilitator may help (develop agenda) -Test the Outcomes of your Environmental Analysis: Do a SWOTAnalysis of the trends/issues. -Determine issues which require immediate action: identify those opportunities an
More Less

Related notes for BUS-3250

Log In


Don't have an account?

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.