solution mgt 503 2nd gdb

MGT503 GDB # 2 Idea Solution

Prepared by ©Ali©

Strategy for non-profit organizations:

Alert! Do knot copy paste as it is, just take your idea and make your GDB yourself or

you will get 0 marks then do not complaint me, please

And you have to write this not more then 300 words

Applying ideas about strategy to the not-for-profit world, which were created in the for

profit world, needs to be done carefully. Clear difference in these types of organizations

exist, one signefficient difference between for-profit and non-for-profit entities is how

they each determine there effectiveness, While a wide variety of perspectives exist

on nonprofit effectiveness, and it has been well argued that effectiveness is "socially

constructed" (Herman & Renz, 1997, 1998, 1999), nonprofit effectiveness is often

thought of in terms of mission (Sheehan, 1996) while for-profit effectiveness often

focuses on "profit" and/or shareholder value (Smith, 1999 & 2004).

So, while for-profits may be mostly focused on ways to "outperform rivals" (Porter,

1996, p. 62), not-for-profits can be thought of as focused on "mission accomplishment"

(Sheehan, 1996). While there may be exceptions when a competitive mind-set is

appropriate for a nonprofit to consider in developing strategy, most do not take this

approach. In utilizing strategy concepts in nonprofit organizations, most practitioners,

consultants, and authors use various strategy tools – while purging the ideas of

"outperforming rivals," growing shareholder value, and competition – from the process.

But if, those competitive drivers are purged, what is used as a replacement?

www.vu@sk@ri.com

This paper argues that the replacement "driver" for competition in nonprofit

organizations should be a new concept called "mission gap." It is the foundational

concept of a new model of strategy, described in the next section, which truly captures

the essence of the difference between the for-profit and nonprofit sectors.

On Mon, Jan 16, 2012 at 12:38 AM, Muhammad Soban <mc090410137@gmail.com> wrote:

 

 

 

 

 

 

 

 

From: vu-and-company@googlegroups.com [mailto:vu-and-company@googlegroups.com] On Behalf Of Umair BS(VRWP01)
Sent: 16 January 2012 01:20 PM
To: vu-and-company@googlegroups.com
Subject: Re: ))))Vu & Company(((( need solution mgt 503 2nd gdb

 

 

On Mon, Jan 16, 2012 at 12:31 PM, mc100402745 Tayyba Ilyas Kheli <mc100402745@vu.edu.pk> wrote:

--
Umair Khalid
BS(business administration)
8th semester
virtual university of Pakistan