cqu_3643+SOURCE1+SOURCE1.3.pdf (4.1 MB)
Download fileManagement development does pay off in non-profit organisations, but they don't see financial management as a priority.
In for-profit organisations, management development has been shown to be effective in improving performance, both for the individual and ultimately the organisation. In contrast, little is known of the effectiveness or otherwise of management development in the Non-profit sector. Nevertheless, organisations in this sector have many of the characteristics of small business, so organisations in the disability sector in Queensland were surveyed to see whether 'for-profit' management development had any beneficial effects on performance. As might be expected, the research found that management development enhances performance in that it is related to higher job satisfaction, higher interest in jobs, greater organisational effectiveness, and greater organisational goal attainment. Unexpectedly, financial management was not considered to be a high priority by many Non-profit organisations in the disability sector. If left unremedied, this financial blind-spot is likely to prove a serious impediment to the sound operation of such organisations.
Funding
Category 1 - Australian Competitive Grants (this includes ARC, NHMRC)
History
Parent Title
Surfing the waves : management challenges, management solutions : proceedings of the 17th ANZAM ConferenceStart Page
1End Page
10Number of Pages
10Start Date
2003-01-01Finish Date
2003-01-01ISBN-10
1863081089Location
Fremantle, W.A.Publisher
School of Management, Edith Cowan UniversityPlace of Publication
Joondalup, W.A. : School of Management, Edith Cowan University,Additional Rights
BY-CC-NC-NDPeer Reviewed
- Yes
Open Access
- Yes
External Author Affiliations
International conference;Era Eligible
- No