This paper views the compelling measuring outline for a public procurement from the perspective of a modern business and financial system. To create a sustainable and well-functioning framework it is essential to form a measuring outline that is both flexible and stable in nature…
Download file to see previous pages...
priately the current achievements of the present form of procurement systems, while taking intelligent and sustainable decisions for the future systems in the context of fluctuating political orders. The measuring framework must take into consideration the factors of effectiveness and efficiency (measured through cost effectiveness and achieving the desired procurement results), confidence of the civil society (which is reflected in the system accountability and transparency factors), and the policy acquiescence and stability factors. This framework must be accommodated within a larger measuring system within a sustainable public management, portraying a certain standard of life against only monetary wealth. In terms of designing basic notions for such measuring processes, there are three main underlying concepts. First, the structure of an organisation lies within multidimensional and complex frameworks. Secondly, there must measures for safeguarding basic transparency and integrity within the public procurement system; and thirdly, to alleviate the standards of the public procurement systems, the associated performance management must necessarily serve as a model for present and future ethical reviews. This paper serves to study the organizational development structure, and supply chain management in the context of public/private procurements sectors, the basic notions of performance measurement in public procurement, while exploring the perspective of accountability and transparency within the public procurement system. Chapter 1 Introduction and Overview "Not everything that counts can be counted, and not everything that can be counted counts." ~ Albert Einstein 1.1 Introduction (background study) A recent trend in the realms of business...
A recent trend in the realms of business management shows that the public sector has shown a gradual shift in its operational perspective, with a greater focus on privatization, and an emphasis on cost saving and increasing efficiency. Comprehending the necessity of outsourcing large-scale work to the private sector for better economic growth and developments, many State governments have started the processes of public procurement, under prescribed directives and regulations created to regulate the process, as are seen in the Council Directives 93/37/EEC, 93/38/EEC and 93/36/EEC and their subsequent modified versions. This is also evident in the 41 USC Sec. 253 in the United States, where it is clearly stated that “an executive agency in conducting a procurement for property or services - (A) shall obtain full and open competition through the use of competitive procedures in accordance with the requirements this subchapter and the Federal Acquisition Regulation.”
The current importance of public procurement is seen in the increased governmental activity in “purchasing of goods and services,” for State requirements, through fair competitive auction -bidding, which accounts for 10% - 20% of the GDP of all the countries. A productive public procurement system decides the standard, scope, and extent, of a country’s infrastructural development and proffered public services towards its citizens, thus, making public procurement a primary issue within the agenda of a State’s economic development plan.
...Download file to see next pagesRead More
Cite this document
(“Contemporary Management Practices within the Public Sector Thesis”, n.d.)
Retrieved de https://studentshare.org/finance-accounting/1390872-contemporary-management-practices-within-the-public-sector
(Contemporary Management Practices Within the Public Sector Thesis)
“Contemporary Management Practices Within the Public Sector Thesis”, n.d. https://studentshare.org/finance-accounting/1390872-contemporary-management-practices-within-the-public-sector.
The objective of this research is to examine the concept of human resource management, strategic human resource management, and human metrics (HR); to make use of the multimethodology approach in collecting primary data from companies in the electric and gas utilities industry in the US and examine their application of HR metrics and to establish appropriate conclusions and recommendations.
PPP is an arrangement wherein “public sector bodies enter into long-term contractual agreements in which private parties participate in, or provide support for, the provision of infrastructure, and a PPP project results in a contract for a private entity to deliver public infrastructure-based services.”
(Lipsey and Chrystal, 2003) There is a variety of services provided under the head of consumer bank. A commercial bank provides ATM, Locker, Loans, Home Loans, Study Loans and Credit Card services to end consumers. The reason why these are known as consumer banking services is because the amount of credit creation in this sector is limited as compared to corporate banking.
Safeguarding computer systems, preserving confidential data, and making that data available when needed are vital to modern day economy. Information security is all about this. However, the more our systems are getting dependent on technology, the more
This influx is expected to increase over the coming years. The UAE also is one of nations that are known to provide employment opportunity to people who are from all the different parts of the world. With this rapid overflow of people,
This essay discovers Russian Contemporary Art. The policy resulted to the disintegration of the Union and the revolutions in the region. This policy enabled independent action from the government agency and introduced market reforms. It ended command economy and enhanced socialism with the aim of improving the needs of consumers.
Public law, as well as private law is some of the most important classifications. The category of public law governs relationships between the state and individuals. In this case, the term “individuals” refers to companies,
transmitted through several delivery channels in the organisation, culminating in either the line management or an e-HRM system where they are implemented. It is at this juncture where employees experience the effects of these practices (Wright & Nishii, 2004).
A running theme
According to the author of the text, the dance ceased to be an epitome or reality as claimed by certain dance choreographers and this led to a state of conflict between change and stability. Notably, music took another shift in the 1950s whereby music stopped being all about the composer and the world but instead it came to be simply organizations of various sounds.
ose threats to such development that require consideration in order to inject efficiency, productivity and profitability in this multi-faceted industry. This study utilizes a mixed methodology of secondary research and primary research to uncover what are the most dominant
48 Pages(12000 words)Thesis
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Thesis on topic Contemporary Management Practices within the Public Sector for FREE!