We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Knowledge and Skills for Managers - Essay Example

Comments (0)
Summary
Knowledge and Skills for Managers
Managers in a not-for-profit organization need similar management knowledge and skills like their counterparts in the private sector because of the reasons identified in the succeeding paragraphs…
Download full paper
GRAB THE BEST PAPER

Extract of sample
Knowledge and Skills for Managers

Download file to see previous pages... First, because in both situations, managers head an organization that needs to exercise problem solving, logical thinking, technical knowledge, effective communication, reasonableness and understanding. Joane Fritz explains in an article entitled “What are the key characteristics of a non-profit organization” published in About.com in 2011, that non-profit organizations and private organizations may differ in their purpose when it comes to income distribution, but in either way, managers in both organizations are directly responsible to their stakeholders. Non-profit organizations are sometimes referred to as “non-stock” corporations and most often registered as a corporation, an individual enterprise, association, partnership or foundations. WEX article, entitled “Non-profit Organizations” published in Legal Information Institute of Cornell University Law School cited churches, public charities, public schools, public clinics and hospitals labor unions, professional associations, research institutes, museums, and some governmental agencies as good examples of a non-profit organization. As compared to private organizations? the non-profit organization belongs to the public as no one person controls the organization. Its assets are assigned to the charitable, educational, literary, scientific or religious purposes of the organizations. Thus, a manager under this set up is guided by the principles of non -profit organization in pursuance of his duties. What makes the non-profit organization distinct from private organizations is their treatment of profit in the operation. Non-profit organization also derives profit from its operations but the profit does not go to the members of the board not even to its founders. In this manner, managers see to it that this policy is followed as he becomes accountable to donors of the organization. As a manner of control, managers are required to render financial accounting report to the Federal State and government as non-profit organizations are entrusted with funds in accomplishing their mission. Working for a non-profit organization takes a lot of sacrifice. Fritz, in the same article previously cited, said the law requires that board of directors should not be compensated except for expenses for travel and for attending board meetings. Salaries of the five highest paid officers of the non-profit organization are also required to be declared, and that includes salaries of the manager. The manager, too, has to do a lot of corporate reporting aside from the Federal State through its annual income tax return. He is also controlled by the State Attorney’s General Office that makes it a point that non- profit organization follows the laws (Fritz, Joane. 2010). The “Basic Business Principles of Management” as explained by Raul Thadani in an article in Buzzle.com remain the same whether one is managing a big corporation, a small one and a non-profit organization. These basic principles do not isolate usage for non-profit organization and same rules and concepts are universally applied in every situation wherein management is deemed necessary. (Thadani, 2010) The managerial task Thadani of Buzzle.com in same article of Basic Management Principles outlined five basic management principles a manager should follow which I have explained below (Thadani 2010). The first step a manager does in a non-profit organization is to set the goals of the company or the activity to be done. Most often, this is expressed in the mission and vision statements established by the company and the realistic targets set by the managers. The duty of the manager here is to convey these goals to the employees so that ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Strong vs Weak Matrix Structure
The researcher states that Weak Matrix Structure with project team members scattered in many functional departments and working under primary authority of their respective functional managers. Strong Matrix Structure indicating clear authority of Project Managers and Functional Managers but Project Managers having the upper hand
6 Pages(1500 words)Essay
Importance of Knowledge of Culture to Business Managers
This therefore means that it is necessary that one has the understanding of those from different cultures to enable the business transactions and interactions to be effective and efficient. The knowledge of cultural differences across nations is especially important to business managers especially in cases where they have to directly deal with the diverse cultures.
6 Pages(1500 words)Essay
Negotiation Skills for Managers
At the same time, it is the duty of the negotiating parties to be flexible in their approaches and demands so that the negotiation process occurs in a positive environment. According to Lewicki et al.(2006), “Negotiation occurs for one of two reasons: 1) to create something new that neither party could do on his or her own or 2) to resolve a problem or dispute between the parties” (Lewicki et al.
5 Pages(1250 words)Research Paper
Practitioner Skills for Managers
Name of the Student Management Name of the Concerned Professor 26 June 2012 Practitioner Skills for Managers- Reflective Essay There is no denying the fact that professionalism plays an important role at the individual level in the life of a manager. However, it also goes without saying that evincing professionalism at the work place could definitely yield immense positive results.
4 Pages(1000 words)Essay
Communication Skills for Managers
The management of any business should adopt the right channel of communication to ensure the fulfillment of needs of the employees and customers of the business. All employees should feel the impact of attention offered to them by the management in addressing their concerns.
4 Pages(1000 words)Essay
Nurse Managers
Nursing leadership has been the subject of numerous studies in the latter half of the twentieth century. However, there is still no single clear and consistent definition of leadership or its characteristics. Bass (1990) noted that there appear to be as many definitions as there are researchers of the topic.
10 Pages(2500 words)Assignment
Knowledge and skills expected to acquire from M.Sc in Project Management
A project manager has to possess many skills and abilities like any other business manager, but the difference between the two lies in the span of control. The project manager has control over the resources only until it is concerned with the project. He has to interact with the line and staff managers in the organization, coordinate with his team members and control the resources in order achieve success.
3 Pages(750 words)Essay
Assessment for Brochure / Pamphlet
The main adverse effects of morphine are respiratory depression, constipation, nausea and vomiting, tolerance and euphoria (Ritter et al 1999). Each one of the adverse effects is explained below; Respiratory depression occurs when a normal dose of morphine or
2 Pages(500 words)Admission/Application Essay
Knowledge of Organizational Communication Concepts and Skills
They should focus on improving the communication skills of their employees by providing trainings and manual. This paper proposes a communication structure in light of some important communication concepts. This paper has selected five
8 Pages(2000 words)Essay
Practitioner Skills for Managers

According to the research findings, it can, therefore, be said that a critical ability throughout today's business managers is the capacity to determine complex issues rapidly and efficiently. Managers face dilemma circumstance or choices with two opposing strengths, each with particular favorable conditions and disadvantages.

7 Pages(1750 words)Essay
Let us find you another Essay on topic Knowledge and Skills for Managers for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us