Skills Required for Effective Managerial Communication
An individual needs to possess certain skills for effective managerial communication. Let us go through various skills required for effective managerial communication: Body Language and overall personality of an individual play an essential role in effective communication. It is essential for managers to express their thoughts in a positive way. Remember shouting at team members […]
Preparing for Public Speaking
The art of connecting to a large audience refers to public speaking. In today’s fast paced world where everybody is so busy chasing targets, it is really not feasible for the employers to discuss each and every issue with their employees in private. Public speaking helps people touch base with a large number of individuals […]
Corporate Dressing for Success at Workplace
Every organization expects its employees to be well groomed and presentable. Employees need to understand that sensible dressing goes a long way in building their professional image. As an employee, you are also representing your organization. One needs to be formally dressed to make a powerful first impression at the workplace. First impressions are indeed […]
Socio-Cultural Perspective of Psychology
Socio-Cultural perspective of psychology takes into account those larger forces emanating from the societies and cultures that affect the individual’s behaviour, thoughts and feelings. Socio-cultural theory is one of the recent developments in the field of psychology which attempts to analyze the role played by society in fostering individual development and growth. This theory equally […]
Dressing and Personality Development
Personality development helps in the overall development of an individual. An individual’s style of dressing plays an important role in enhancing his/her personality. It is rightly said that “a man is known by his dress and address”. An individual’s dressing sense speaks volumes of his character and personality. You really need to know what you […]
By definition, the nonprofit sector operates in the humanitarian goals and objectives space. This means that many nonprofits are loosely structured and are often volunteer driven without formal hierarchies and patterns of management. However, this does not mean that nonprofits need not have formal boards, management structures, and financial control.
The point here is that though nonprofits are made up of committed individuals working for a cause, there is still a need for a corporate type structure and management. This is especially the case with those nonprofits that receive large amounts of money and handle multiple projects across the breadth of the country.
Further, the fact that the government monitors the performance of the nonprofits means that there needs to be accountability and financial due diligence done periodically. Hence, there is a need for proper management and structure of the nonprofits and means of control and process driven internal environment as well.
The first and foremost requirement for a nonprofit is to have a board of directors who provide the high level monitoring and control. The board members can be drawn from all walks of life and must have enough experience in the social sector.
Further, the members of the nonprofits should be on the board as executive members. Apart from this, the nonprofits must have internal financial controls through auditing and monitoring of the inflows and outflows of funds. This is needed both from an internal Processual perspective as well as to satisfy the requirements from the government regarding compliance with all regulatory requirements.
For instance, in India, the government monitors the inflow of foreign funds into the nonprofits and hence, appropriate permissions must be taken according to the laws for nonprofits to receive money from abroad.
The third aspect as far as the management of nonprofits is concerned relates to the need for them to have people who can be held accountable for the actions of the nonprofits. This means that there needs to be a chain of command in case owning up to the decisions taken up the nonprofits are concerned. This is especially the case with nonprofits that are engaged in providing relief and service to the underprivileged, as the chances of wrong decisions boomeranging on them are high and where the implications include human life and health. The government is an important part of this, as the bureaucrats need structured responses from the nonprofits and clear patterns of organizational accountability.
Finally, the nonprofits need to have management structures that can be advertised to the external world as the single point of contact between the nonprofits and society lends itself to easy access to the nonprofits and helps in recruiting more volunteers for the cause.
In conclusion, while it is certainly not the case that nonprofits must be corporatized in their means of functioning, there are good reasons as discussed in this article for the nonprofits to follow due diligence and proper management principles.
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The Corporatization of the NGOs and How It Impacts Funders, Beneficiaries, and Others
February 12, 2025
