...Non-Profit Sector in Canada The non-profit sector in Canada is one of the largest in the world, second only to Netherlands. Canada’s non-profit sector employs about 12.8% of its active economic population. Although the non-profit sector is not considered a specific industry, its Gross Domestic Product (GDP) can be compared to several key industries in Canada. Statistics Canada divides the Canadian non-profit sector into two: the core non-profit sector and the overall non-profit sector. The core non-profit sector excludes hospitals, universities, and colleges. Including hospitals, universities, and colleges, Canada’s non-profit sector contributes in excess of $100 billion or approximately 7% of the economy. It is estimated that core non-profit sector contributes about 4% of the national GDP, when the value of volunteer work is incorporated. Despite these impressive numbers, Canada’s non-profit sector is constantly under strain and faces various issues such as obtaining funding, recruiting volunteers and board members, and staying relevant and accountable in an ever-changing economic climate. Non-profit organizations include cultural institutions, recreational groups, social groups, environmental organizations, human rights groups, and community organizations. Non-profit organizations are viewed favourably by Canadians; 79% of Canadians think non-profit organizations understand the needs of Canadians better than the government. The non-profit sector in Canada will only continue...
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...within an organization. This includes a basic salary, any and all bonuses, shares options, and any other company benefit. Over the past three decades, executive compensation has risen dramatically beyond the rising levels of an average worker’s wage. Executive compensation is an important part of corporate governance, and is often determined by a company’s board of directors. Executive compensation is a very important thing to consider when evaluating an investment opportunity. Executives who are improperly compensated may not have the incentive to perform in the best interest of shareholders, which can be costly for those shareholders. While new laws and regulations have made executive compensation much clearer in company filings, many investors remain clueless as to how to find and read these critical reports. This article will take a look at the different types of executive compensation and how investors can find and evaluate compensation information. WHO IS AN EXECUTIVE? A person or group having administrative or managerial authority in an organisation. The chief officer of a government, state or political division. Chief executive officer (CEO), one of the highest-ranking corporate officers (executives) or administrators . A chief executive officer (CEO) or chief executive is the highest-ranking corporate officer (executive) oradministrator in charge of total management of an organization. An individual appointed a CEO of a corporation, company, organization, oragency...
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...the single proprietorship of a little outside café to the CEO of a multi-million dollar business and included for-profit and non-profit organizations. The role of business today is to provide the consumer with something they need or desire. They are the foundation on which this country thrives. Without businesses that pay taxes we would not have federal and state dollars to pave roads or feed the hungry. Capitalism or free enterprise is what allows owners to open a business of their own imagination and try to be successful. However, being successful comes with not only obligations towards the consumer that buys their product but also to society. The ethics and social responsibility of a company can make or break the company. Issues that may arise are how they treat their employees, how they treat their customers, do they outsource their jobs and how their business impacts the environment. There are two types of businesses, for-profit and non-profit. Both organizations are similar in that they can be set up and structured like a business and both can make money. However, a for-profit company has a responsibility to make a profit for its shareholders; they also want to earn profits to pay upper management and their employees. A non-profit may make money but all their proceeds need to go back in to the organization. They are usually run by volunteers and generally involve a cause. Wisegeek (2012) states “a non-profit usually has a charter, is...
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...Social Economy Within reading the articles of social enterprise versus the social economy I learned a lot about how each different organization plays a role in the market. Based on the reading and with doing some research I have found some key points that I agree and disagree upon. Based on the concept of a social enterprise and the concept of achieving a business strategy they can be structured for a non- profit or for profit organization. My only concern is that even though some are not for profit like The Red Cross still questions arise. Even though they are a non-profit organization the employers have to be getting something in order to meet the standard of living? And also the CEO of the red cross there making a profit? For example the CEO of the American Red Cross Marsha J. Evans yearly income was 651,957. So the question that comes up is how can they be considered non-profit if at the end of the day there making a great profit? Social enterprises differ in that, inversely, they do not aim to offer any benefit to their investors, except where they believe that doing so will ultimately further their capacity to realise their philanthropic goals. Many entrepreneurs, whilst running a profit focussed enterprise that they own, will make charitable gestures through the enterprise, expecting to make a loss in the process. However unless the social aim is the primary purpose of the company this is not considered to be social enterprise. The term is...
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...In the U.S. there are an ample amount of nonprofit organizations. These organization do abet society; however, each nonprofit has a different target market, resulting in a certain group to be help and others to be neglected. An epitome of a nonprofit organization would be the Make A Wish Foundation. The Make A Wish Foundation having an anguish beginning, in addition programs have foster citizens, an appropriate finance, and proper operations it is transparent in how this nonprofit has become very successful. The Make A Wish Foundation had an anguish background but strives to abet children. The non-profit focuses on supporting children with a disease by...
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...Corporate Strategy Analysis Discussion Summary Corporate strategy pinpoints the set of businesses, marketplaces, and productions in which the organization competes and the distribution of resources between those business. There are four basic alternatives when using corporate strategy in the planning function of management. They are conglomerate diversification, concentric diversification, vertical integration, and concentration. When viewing the Destination CEO videos about Southwest Airlines, VF Corporation, Coco-Cola, and Xerox, team D converse and individually summarize the corporate strategy used by each company. When other Airlines tussle to sustain profits due to the growing price of oil and gas, Mr. Gary Kelly CEO of Southwest Airlines succeeded profits to keep the company a float as one of the most money-making airlines in the country. Although he did not want to become CEO, because of the great stress, anxiety, and high pressure of the position, Mr. Kelly turned out to be a very remarkable leader and director. Mr. Kelly would travel in the rear of the airplane speaking to clients while taking notes of their objections and expectations. Team D agreed that Mr. Kelly used concentration strategy to focus on the airline industry to endure the company’s cost-effectiveness. Mr. Kelly ideal was to keep cost low, fly the same 737 aircrafts that way maintenance was easy and routine, and to treat all customers and employees with royalty. This plan helped Southwest...
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...A Need for Change Instructor Otzelberger MGT 435: Organizational Change August 29, 2012 I. Introduction Easter Seals is a nonprofit charitable organization that assists people with disabilities. Easter Seals motto is “Creating life – Changing Solutions “so that people with disabilities can live, learn,work,and play”( Easter Seals, 2012).Easter Seals provides jobs to people with disabilities, due to the fact that it is often hard for people with special needs to find employment. In fact, it is often hard for people with special needs to find jobs. Easter Seals provides training for people with disabilities. In addition, Easter Seals also provides training for people with special needs. In addition, it is often due to attitudinal barriers. Easter Seals provides numerous services. For examples, community outreach programs, and education. Easter Seals provides advocates for people with disabilities and their families. Today the organization is worldwide there are 550 service locations in the United States, Canada, Australia, and Puerto Rico.There are 83 affiliates of Easter Seals. II. Company Overview Easter Seals of Tennessee is an affiliate of Easter Seal Incorporated in Chicago. Easter Seals of Tennessee has employees in the company. The Rita Baumgartner main office is located out of Nashville, Tennessee. The CEO/Executive Director. The board chair is William F. Andrews. The of incorporation was 1923.In 2009 this affiliate filed Chapter 11 banruptcy.The projected...
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...3377: Organizations & Their Environments Dr. Campbell February 12, 2016 The ALS Association is a national non-profit organization dedicated to spreading awareness and finding a cure for Amyotrophic Lateral Sclerosis (ALS). ALS is a progressive neurodegenerative disease that affects nerve cells in the brain and spinal cord, causing patients to lose the ability to control muscle movement (ALSA.org 2016). The cause of the disease is still unknown and while medication and therapy can treat the symptoms and progression of the disease, there is still no cure. The ALS Association works through research, public education, care services, and public policy initiatives towards finding a cure and supporting the many people affected by the disease. Based in Washington D.C., the ALS Association is comprised of a headquarters, association chapters at the local level, and a national network of certified treatment facilities. In existence for more than a quarter of a century, the organization was thrust in the spotlight and subjected to increased scrutiny with the wildly successful “ALS ice bucket challenge” that swept social media in 2014. Is the ALS a disciplined Weberian bureaucracy or an organic grassroots organization challenging hierarchy and bureaucratic rules as detailed in the Neo-Weberian model articulated by Charles Perrow? Analysis of the organization, along with the wild popularity and financial gain from the ice bucket challenge, reveals that the organization is a dynamic...
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...ideas • Change the way people think about what is desirable, possible • Risk taking • Bring fresh approaches • Concern themselves with ideas • Relate to people in intuitive and empathetic ways • Feel separate from the environment • Working in, but not belonging to organizations • Ensuring the future of the organization through the development of people • Engage in multifunctional and integrative tasks • Utilize (используют) non-linear thinking • Believe in strategic choice • Choices make a difference to their organizations, through the organizations, to their environment Strategic leaders • Are a combination of managerial and visionary leaders • Oversee day-to-day and long-term responsibilities • Apply linear and non-linear thinking • Emphasize(подчеркивать) ethical behavior and value-based decisions • Strategic leadership – the ability to influence those with whom you work to voluntarily make decisions on day-to-day basis and enhance the long term viability(жизнеспособность) and short-term financial stability. Robert Goizueta as CEO of Coca-Cola In 1981 Robert Goizueta became a chairman and CEO Keough – Chief operating...
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...In 2010 the CEO of Bank of America released a statement in response of the institutions productivity in the previous years. “Our 2010 results show that, while we have made progress in strengthening the balance sheet and focusing our capital to support core capabilities for customers, the overhang of issues related to recent acquisitions and regulatory changes remained significant. Excluding two non-cash, non-tax deductible goodwill impairment charges, we earned $10.2 billion for the full year. Including these charges, we posted a net loss of $2.2 billion.” That quote shows optimism for the institution. The CEO admits the losses experienced by the organization and the primary cause is directed towards the economic slumber. Acknowledgement of the cause of profit loss resulted in the CEO stating what the plans are to ensure profit growth while building stronger rapport with the consumers, businesses and investors who use the services provided by the organization. The company plans on expanding services offered to these clients, and hypothetically if the growth of the organization is set at 20 percent more than current projections, Bank of America will need to factor ways to retain current earnings, maximize profits, and generate revenue by introducing new exciting opportunities for all individuals involved with the organizations, both consumers and employees alike. With the an unexpected growth in revenue Bank of America is faced with decisions of what to do with the surplus of revenue...
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...Standards and expectations for leaders in many organizations are different for women than men. Why does it seem so difficult for women to advance to high-level leadership positions and have the same opportunities as men? Why is it so uncommon for a woman to be CEO? Are women compensated equally for doing the same job as their male counterparts? If a woman is older than 40 does she have as many opportunities as men the same age? Is there still gender discrimination occurring in the workplace? These are all questions to ponder, even now in the year 2011. There is much information available on women leaders and the impact they are having on the top ‘Fortune’ 1000 companies. The information is varied and there are some mixed messages about whether women are treated equal to their male counterparts and making progress. It does seem that diversity in the workplace is becoming more the norm and creating a shift to allow women more opportunities to develop their leadership skills and to compete for higher-level positions. Historically male dominated industries such as Engineering and Information Technology seem to be seeing more women managers. I believe that corporations that have diversity have more innovation and are more efficient as a result, so they should be more profitable. One of the top leading non-profit organizations is Catalyst, it was established in 1962 by Felice Schwartz to promote diversity and inclusion for women in the workplace (Wikipedia). According to the...
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...he knows it or not. Then, these perspectives and ideologies start to spread and new communities start to emerge, not solely in quantity, but also in quality. This newfound phenomenon is constantly reflected in the various organizations that have came to be. Servas Open Doors was the first official organization, whose affiliation with the United Nations served as a key factor that legitimized and paved way for the ideology of hospitality exchange to emerge on both official and nonofficial scales. However, the process of attaining membership via an interview might be a deterring factor for the general public to form their own organization(s). Economies of scale and time management have led to the convergence between communities with similar, ideologies and classes that have gathered together for possible alternatives. As we grow more intelligent, more and more individuals start to relate to equifinality. In turn, it was no surprise that these were the factors that led to the emergence of Casey Fenton’s idea. Couchsurfing came about after he flew into Iceland from Boston; thereafter, he started to develop ideas that would then unfold into a new organization. One interesting aspect of this organization was that it started out to be a non-profit organization. Using social network as a tool to create high density networks, Couchsurfing managed to attract investors. A perfect example of the value of social network databases. Our purpose in selecting this company was...
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...on:Corporate Governance in Banking System:An Empirical Investigation Authors: Abhiman Das and Saibal Ghosh About the authors:Mr Abhiman Das has worked as a assistant adviser in department of statistics and information management of Reserve bank of India. He has released several research paper in the field of economics also.Mr Saibal Ghosh has also worked as a higher level official in Reserve Bank of India and has released several research papers. Abhiman Das Research Context Virtually every major industrialized economy and major international organization has made efforts in recent years to refine their views on how large industrial corporations should be organized and governed. Academics in both law and economics have also intensely focused on corporate governance [La Porta et al1998]. Despite the growing literature in the field very little attention has been focused on the issue of the corporate governance, especially in banking organizations [Shleifer and Vishny 1997]. This is particularly strange in light of the fact that a significant amount of attention has been paid to the role that banks themselves play in the governance of other sorts of firms [Macey and O’Hara 2003]. The corporate governance of banks in developing economies is important for several reasons. First, banks have an over-whelming dominant position in developing economy financial systems, and are extremely important engines of economic growth [King and Levine 1993; Levine 1997]. Second, as financial markets are...
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...Abstract After encouragement to write a brief article about "CEOs and presidents" for a management journal by a colleague, this paper will compare the leadership styles of three leaders: Andrea Jung, Indra Nooyi, and Brenda Barnes. It will include an introduction to the concept of influence processes, a summary of the various types of influence processes and the factors that can affect them, and an analysis of the processes used by the three leaders. It will also identify the processes that the leaders and top management team (TMT) are using to impact the organization. Influence Processes Influence processes are the processes a leader will use to influence their employees. There are four types of influence processes which are high-control innovator, status quo guardian, participative innovator, and process manager. There are six factors that could affect these influence processes, which are environment, structure, leadership, technology, strategy, and culture (Nahavandi, 2006). Andrea Jung, Indra Nooyi, and Brenda Barnes are three leaders with different leadership skills. A high challenge seeking leader with a desire for high control is a high-control innovator or HCI. This leader will maintain tight control of the organization while seeking a challenge. A high challenge seeking leader with a desire for low control is a participative innovator or PI. This leader will delegate control of the organization while seeking a challenge. A low challenge seeking leader with...
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...THE ROLE OF CEO IN THE STRATEGIC PLANNING SYSTEM IN NIGERIAN BANKS BY DR. (MRS.) S. L. ADEYEMI DEPARTMENT OF BUSINESS ADMINISTRATION UNIVERSITY OF ILORIN ABSTRACT The purpose of this paper is to analyze the CEO’s strategic role in the strategic planning system in the Nigerian banking industry. 69 Chief bank planners were selected for the study from banks that are generally considered to be at the leading edge of bank strategic planning in Nigeria. The paper explores the key dimensions of CEO’s participation in and relationship to bank strategic planning. First the impact of the rapidly changing internal and external environment on bank planning was examined. The survey findings indicating the current involvement of banks CEOs in specific dimension of corporate strategic planning are evaluated. However, while CEOs recognise the need, strategic planning has never really caught on as a basic bank management tool. INTRODUCTION The strategic importance of the Chief executive officer (CEO) in big organization is widely recognized. Lorange, (1986). The magnitude of the CEO’s potential impact on the success of an organization highlights the need to more fully understand the ways a firm may attempt to ensure that CEO acts in a manner that maximizes firm success. As every banker in Nigeria is well aware today the changes that have occurred in commercial banking over the years, together with emerging trends in “how business is done have added a new challenging dimension...
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