Strategic Management and Business Policy Research Proposal

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The cons or disadvantages are the lack of accountability to the public, a risk the organization will lose touch with its customers and the needs it is meeting, becoming bureaucratic and inflexible in the process. Another disadvantage is the fact that organizations often lose control to government agencies over time as well. These are all critical factors organizations need to consider before going private and being funded by governments. When not-for-profit organizations shift to being for-profit, there are the opportunities for greater control of their strategic direction, greater flexibility in addressing the needs of the customers they serve, and greater potential to define their own financing strategies.

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Often non-for-profit organizations must abide by strict requirements of their benefactors, whether they are government agencies or large donors. Being for-profit can give a non-profit organization much more freedom to pursue their own strategic direction and plans, unencumbered with the demands of those financing their organization......

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"Strategic Management And Business Policy" (2009, May 19) Retrieved May 20, 2024, from
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