...Magnolia Case Study Amber Meenach BSHS/373 Scott Kersh Magnolia Therapeutic Solutions is a non-profit organization based in New York City that helps provide psychotherapy for those suffering from PTSD (Post Traumatic Stress Disorder). After the traumatic events of 9/11/01 when terrorists attacked out Twin Towers, Magnolia was granted extra funds from the state of New York to help treat victims who were suffering due to the attack. Due to the upsurge of clients Magnolia now was having to service, they increased staff and administrative services. Mary Stewart, the founder and executive director of Magnolia, counted on the grant from the state to be renewed for the following year, an when it was not granted Magnolia found themselves $500,000 short of their expected budget and ultimately caused the organizations downfall. In this paper I will be discussing how I would have decided things differently in the case of Magnolia Therapeutic Solutions. Board Decision The first mistake that I feel was made was that the board allowed Mary Stewart to count the state grant for another year, without any indication that it would be offered for a second year. Money that is not guaranteed should never be worked into the budget. This is why there was such a significant short fall in the outcome versus what was expected. As a board member, I would have proposed that we remove the grant from the budget, and only included the funds that are already in place for each fiscal year. If the grant...
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...Table of Contents Introduction: Introduces the study and summaries the state of area prior to the research. This section outlines the problem(s) to be investigated, the aims and objectives of the research and describes the methodologies used. Additionally, an outline of the overall dissertation structure may be included. Literature Review: This accounts the previously written, published and unpublished literature on the selected research topic. The purpose of conducting a review on the existing knowledge and ideas on the topic is to highlight the strengths and weaknesses of the research area whilst defining a guiding concept for the dissertation. To achieve this, four important steps must be followed: concentrate on the relevant theories; break down the topic and define key terms; examine recent research in the area; and conclude with the research questions that will be resolved in the study. Methodology: This section is designed to give the reader a coherent, clear and precise account of how the study was conducted. The section is composed of number of sub-sections which should include: research philosophy, research approach, research strategy, data collection and any problems encountered in the data gathering process, data reliability, validity and generalizability, and finally, ethical issues and possible limitations with the research. Results: An essential tip for this section is to only report the findings of the study in the most appropriate manner, resisting in the...
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...Magnolia Therapeutic Solution Case Study Patience A. Steward BSHS 373 February 4, 2013 Megan Burke Magnolia Therapeutic Solution Case Study The Magnolia Therapeutic Solutions Case Study defines to other organizations or businesses, especially that falling under the government expense or support how important it is to scrutinize on routine basis the cash flow of finances and effective decision making carefully. The magnolia Therapeutic Case constructed by Mary Stewart, was action put in place to assist those individual suffering from Post Traumatic Stress Disorders. Mary saw the need for initial to continuous help as a steady increase with this disorder from many of her private sessions. Many health professions prior to the Magnolia Therapeutic Solutions was no over concern in the area of Post Traumatic Stress Disorders. In such a manner, Mary Stewart created the organization under non-profit ideals and generously accepted a large government donation. Sadly is the downfall of an assumption that cost Magnolia Therapeutic Solutions to discontinue services that helped so many clients involved. The intent of this essay will explore the problems and concerns of the organization, the decisions made affecting organizational infrastructure, and risks taken within management. Problems and Concerns According to the Mayo Clinic (1998-2012), “Post-Traumatic Stress Disorder (PTSD) is a mental health condition that's triggered by a terrifying event. Symptoms may include flashbacks...
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... Leadership in Organizations 5 Transformational Leadership 6 Servant Leadership 9 Organizational Learning 10 Organizational Performance 13 Analysis 14 Theoretical Framework 16 Hypothesis 16 Methodology 17 Data Analysis and research findings 19 Conclusion and Discussion 28 Bibliography 29 Bibliography 29 Acknowledgment The process of research is a complex one and requires immense guidance at all stages. We are thankful to our respected advisor Mr. Muhammad Ali who guided us on every stage despite our shortcomings. We are also thankful to our respected advisory committee for their valuable feedback and suggestions. We would be thankful for further feedback from our Evaluation Committee. Abstract The purpose of this study is to examine the impact of two comparative leadership styles on organizational learning and performance of non-profit organizations. The leadership style undertaken is transformational leadership and servant leadership. A sample of 100 participants is taken from non-profit organizations based in Pakistan. Data was gathered through quantitative surveys on a five point likert scale. SPSS was used for analysis purpose. The results showed that the level of organization learning doesn’t affect organization performance. These results mean that organizations should focus on other factors rather than the type of leadership they are following if they want to improve their learning or performance Scope and Purpose Non Profit Organizations are working towards...
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...Bridgestone Health Center: Cost-Vume-Profit(CVP) Analysis for Planning and Control A business Case Presented to the Accountancy Department De La Salle University In partial fulfillment Of the course requirements In MODMGT1 Submitted to: Ms. Katherine Chua Submitted by: Ferrer, Jan Alyssa Dennise Madamba, Ann Tan, Baron Vergara, Maria FRancesca In the vast changing business environment, organizations have kept a single grip trying to cope up with the differing demands required from them. Stability has been the rising issue; hence business continuance is put to test. Questions such as, “will my revenue match up with my cost?” or “Do my business profit from this?” These issues do not only involve profit generating entities but non-profit organizations as well. It is a common mistake that non-profit organizations are supposedly to earn just enough to compensate for the expenses incurred. But, truth is, non-p[profit organizations, need as surplus to survive the demands of a business. This would equip these nonprofit organizations from future contingencies and problems. In the business case provided, Bridgestone Behavioral Health Center, is a non-profit rehabilitation hospital. The said entity caters patients suffering from drug or addiction. The entity has a varied services offering to both checked-in patients and Out-patients. The said services are as follow: Patient Assessment, Lab Urinalysis, Case , Group Counseling, Individual Counseling, Crisis, Intensive Medical Somatic...
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...[pic] Click www.ondix.com to visit our student-to-student file sharing network. Kanthal Case Study Solutions INTRODUCTION: Kanthal is company that specializes in the production and sales of electrical resistance heating elements. Kanthal has about 10,000 customers and they produce about 15,000 items. The company consists of three divisions and these three divisions are as follows: 1)Kanthal Heating Technology - 25% global market share 2)Kanthal Furnace Products - 40% global market share 3)Kanthal Bimetals - Manufacturer of one of the few fully integrated temperature control devices Mr. Ridderstrale, who became the President of the company in 1985, developed and implemented a plan that has involved completely changing and over-hauling their pre-existing traditional cost system. The new plan has been installed with the hopes that it will provide more accurate information about their manufacturing cost structure, as well as the costs of supplying individual customers and orders. With this new information, Kanthal plans to redirect its resources to customers with hidden profits and reduce efforts that are focused on customers with hidden losses. The ultimate purpose for this system change is to achieve higher growth and profitability. PROBLEMS, ANSWERS " SOLUTIONS: Question 1: Why have selling administrative costs not traditionally been traced to individual products and customers? Answer 1: Under the old costs system, Kanthal management felt...
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...Chapter One: Introduction Background of the Study Globalization has undeniably affected the people, the businesses and the entire world. Globalization is simply defined as the process by which the different states, markets, technologies and firms become integrated and interconnected (Baur, 2011; van Tulder, 2001). Evidently, globalization has become an important facet of the twenty-first century. One of the more specific effects of globalization is the increased levels of trade and foreign direct investments worldwide. Furthermore, globalization has also facilitated the interdependence of the different economies throughout the entire world (Baur, 2011; Betsill & Correll, 2001). In addition to what has been previously mentioned, globalization has also influenced the development of Non-Governmental Organizations (NGOs) as a response to the recent increases in private investment (Teegen, 2003). Non-Governmental Organizations (NGOs) consist of citizens’ groups that are organized on a local, national or international level (Bendell, 2000; van Tulder, 2001). There are generally, three types of NGOs, these are: (1) advocacy NGOs who are primarily tasked with the promotion of the governments or in international for the groups who do not have the capacity to do so; (2) operational NGOs, which primarily deals with the provision of goods and services to the clients who are in need; and lastly, (3) hybrid NGOs or those who perform both tasks previously mentioned (Ghauri, 2003; Vormedal...
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...Control Richard G. Sicari and Fredrik J. Söderlund Per-Magnus Andersson Hospitality Industry, Management Control Systems, Performance Measurement, Contingency Approach, Multiple Case Study The purpose of the thesis is to describe and analyze the use of management control systems in the hospitality industry. Purpose: Methodology: The study is mainly a descriptive, multiple case study based on deductive reasoning. However, explanatory elements occur. The nature of the study is to a large extent qualitative and is primarily based on interviews and analysis of current management control tools. The analytical strategy includes pattern matching, explanation building and cross-case synthesis. Theoretical Perspectives: The main text editions included are Anthony and Govindarajan (2003 & 2007), Lindvall (2001), Merchant and Van der Stede (2007) and Samuelsson (2004). Furthermore, the use of management control systems in the hospitality industry is examined using literature such as Harris (1995), as well as other articles. Empirical Foundation: There are four units of analysis included in this study: (1) BrewPub København; (2) Färs & Frosta Sparbank Arena; (3) Kulturmejeriet and; (4) Scandic Hotels. This organization is divided into three subunits; Scandic Kramer, Scandic Malmö City and Scandic Star Lund. Each organization is described in terms of background, situational factors, strategy & management philosophy, organizational...
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...Master Thesis Study: Friendship Baptist Church Friendship Baptist Church is a religious non-profit established in Merced, California. Friendship is experiencing a decline in organizational membership and effective ministry opportunities Organizational History: Friendship Baptist Church Friendship Baptist Church, founded in 1976, by a small contingency of disgruntled members of a local church. The group separated from the offending church and elected their first leader. A demographic profile of the group is African American (five women and four men), median to poverty level income and vocational classification and little or no formal education. The demographic numbers as to population of target location show a large segment of Hispanic and Asian...
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...Objectives of the Study 7 1.5 Methodology/ Design of the Study 7 1.6 Limitations of the study 8 CHAPTER 02 9 Overview of management control systems 9 2.1Management Control Systems (MCS) 10 2.2Elements of Management Control 11 2.3Boundaries of Management Control 11 2.4 Benefits of management control systems 12 2.5 Limitations of Management control systems 12 CHAPTER 03 13 Management control systems and strategy: 13 A critical analysis 13 3.1 Relationship between Management control systems and strategy 14 3.2 Levels of strategy from organization point of view 14 3.2.1Corporate-Level Strategy 14 3.2.2 Business Unit Strategies 15 3.2.2.1 Business Unit Mission 15 3.2.2.2 Business Unit Competitive Advantage 15 3.4 Responsibility Centers 16 3.4.1 Nature of Responsibility Centers. 16 3.5 types of Responsibility Centers 17 3.5.1 Revenue Centers 17 3.5.2 Expenses Centers 17 3.5.3 Profit Centers 18 3.5.4 Investment center 21 3.6 Concept of Transfer Pricing in relation to Responsibility center 22 CHAPTER 04 23 Budgeting and performance measurement 23 4.1Budgeting as a Control Mechanism 24 4.2Business performance management 25 4.3Balanced Scorecard 26 CHAPTER 05 29 FINDINGS AND CONCLUSION 29 5.1 Findings 30 5.2 Conclusion 30 5.3Bibliography 31 CHAPTER 01 About the report 1.1Introduction To introduce this topic and understanding the importance of management control system we know that in the present globalised world, organizations need to use management...
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...Non-Profit to Profit Making • Tasha Garrison HSA 505: Health Care Planning and Marketing Dr. Wendy Whitner October 30, 2011 Describe the external and internal factors that influence the executive team’s decision making and specify which might be most instrumental in making the decision to become a for-profit entity. Why do you think so? In communities around the nation, many not-for-profit hospitals are struggling to stay afloat. Rising costs, a heavy patient load and outdated equipment make some simply not economically viable. For-profit medical groups are often stepping in and buying these hospitals. While some community leaders are relieved that the hospitals are being saved, others worry that it will be at a cost to the economically disadvantaged in the community. With more hospitals on the auction block every day, the effect of this change is likely to become clear in the coming months and years. There are several factors that contribute to an executive team deciding to become a for profit organization. The most common reason is financial. Both internal and external factors can also influence an executive team’s decision to become a for profit entity. Some of the internal factors are employee turnover or employee relations issues, dated or obsolete facilities, and healthcare services that may be out of line with market demand. The external factors that contribute to...
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...Developing a non-profit organization is a challenging task. The process takes time and work whether it is starting a new organization from the bottom up, or developing a new non-profit department. Budget is a vital part of this process. Overestimations or minor mistakes in budget may cause long-term damage if the agency is not careful dealing with the financial management. Magnolia Case Study is a prime example of this. Even though the organizations reviews were strong and the organization received awards, a mistake in the budget caused the agency to go downhill unintentionally. Ultimately, I felt that the board should have reconsidered what Mary asked for. For the year Magnolia was awarded a grant that was not to extend past the year. The board should have examined the possible changes that may happen within a year. I felt like Mary asked for money that would not be needed for the following year and got a head of herself when she made her funding request. I understand that New York City needed an excess amount of help after the 9/11 terrorist attacks but requesting the money for the next year should have been considered a bit more carefully. Due to the organizational infrastructure possibly changing within the next year, a temporary grant should not be considered or budgeted as permanent funding. I felt that Magnolia was running smoothly and I would not have done anything different except the budgeting request. I would also have taken into consideration the hiring of extra...
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...Magnolia Therapeutic Solutions Case Study After reviewing over the case study of the Magnolia Therapeutic Solutions, I am not in agreement with the decision that was put forth by the board of directors. The decision of the board of directors was put into action solely on the increase services they were providing to the people who suffered from 9/11. I believe this decision not be a sufficient reason to increase the budget and ask for more grant money for the next physical year. The decision that I would have made in this case would have been to continue to run the program as before and increases the funds, budgets grants as needed. Mary's decision to expand the structure of the company was based on how much the organization had grown over a period, and the local government giving them the opportunity to treat the victims of 9/11. However, I do not believe the decision was the best at the time. The grant that they received for those who suffered from the terrorist attack on September 11 was only to meet the needs, treated and the services the victims would need at the time, not to expand the organization. Because only a few organizations specialized in treating Post Traumatic Stress Disorder (PTSD) at the time, the grant provided to them by the city allowed Magnolia Therapeutic Solutions to aid in the helping the individuals suffering from PTSD. I believe this lead Mary to believe this would be an ongoing service she would be able to provide. However, Mary did not take into...
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...CSR derives from the fact that CSR practices have considerable influence on a company’s reputation and “the reputation of a firm is arguably the most valuable asset” (Peloza, 2006: 69). The term “corporate social responsibility,” or CSR, can be defined broadly as a firm’s charitable contributions and social initiatives, such as “philanthropy, cause-related marketing, environmental responsibility, and humane employee treatment, among others” (Ellen et al., 2006: 148). Researchers have found that over the past 30 years CSR correlated positively with corporate financial performance (CFP) (Orlitzky et al., 2003). “At its simplest, some argue that this ‘trend’ is purely self-serving marketing or philanthropy to offset concern over organizations’ increasing profit or corporate scandals.” (Brock, 2005: 58). By examining the motives behind CSR as purported by a broad spectrum of scholars, this paper will argue that companies initially implement CSR initiatives in an effort to increase sales and obtain other incremental benefits. Then, this paper will examine the role CSR plays within a company’s business system over an extended period of time, arguing that CSR initiatives can ultimately provide a company with insurance in the face of potentially damaging events. Finally, this paper will attempt to determine whether the...
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...Case Study #1: Can Research Rescue the Red Cross? Business Research & Applications Summary The American Red Cross (Red Cross) had been a reputable non-profit organization and its function is to provide help to victims as well as those involved in rescue and relief efforts. There is a national chapter and there are local independent chapters as well that respond to smaller tragic events that upset people’s lives. The Red Cross operates 24 hours a day, seven days a week; their goal is to be there when crisis strikes. They do not receive financial support from the government; they rely on contributions from U.S. citizens to fund its efforts. For many years, it had a policy of fund raising through advertising during high profile period surrounding a disaster. Its wed-site states “One of the best ways to help disaster victims, people in need where you live, and people around the world right now is through a financial donations”. Donors are asked to contribute to the Disaster Relief Fund, their local Red Cross chapters, or the International Response Fund. The work that they do has prompted millions in donations each year. However, after the September 11, 2001 terrorist attracts, their practices came under fire and scrutiny by the media and their long standing reputation was in jeopardy. When disaster stuck, it was their normal practice to estimate the total monetary goal and advertise and collect donations to reach it. Moreover...
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