Response - ethical benefits and limitations

Assignment Help Business Law and Ethics
Reference no: EM13953179

Response to Discussion Question-

Ethical benefits and limitations

Nonprofits are often charged with operating at a higher standard than for profit organizations. Theoretically the goal for nonprofits is to provide better or more service to the community, rather than to obtain a greater profit. Leadership has to "make a public commitment to ethical principles and then manifest them in their own behavior" (Bryson, 2011, p.380). Strategic planning is lead by leadership and is most successful when led by committed leadership (Bryson, 2011).

Rewarding "ethical behavior" benefits an organization in that it sets a standard of excellence and builds legitimacy for the organization (Bryson, 2011). Organizations are limited not so much by ethics, but by the difficulty in assessing whether ethical behavior is being practiced. There are a lot ‘good faith' beliefs we engage in, and it is usually after the fact that unethical behavior become noticed. As leaders, we need to set the example, put in place the policies that explain acceptable behavior, and uphold that behavior in both our speech and actions.

Financial benefits and limitations

One financial benefit of strategic planning is more efficient resource alignment. If the organization as a whole goes through the ABCs of strategic planning, as outlined by Bryson (2011), they will agree or obtain consensus on what the organizations priorities and the budget can then be aligned to better support obtainment of that goal.

The most obvious financial limitation is the amount of money and time that can be spared to support strategic planning. Everything comes with a cost. If a large organization engages in an AI, they pay their employees to not do their job, but participate, and additional time or resources must be allocated to cover the gap. Many nonprofit board member are volunteers that cannot, or are unwilling to, take time off their ‘day job' to do nonpaid strategic planning.

Cultural benefits and limitations

Often we talk about a culture for good. Adopting a culture that encourages and advocates for strategic planning will help an organization better deal with potential obstacles and issues. Another definition of culture is more basic, some cultures embrace cooperation and coordination, and others do not. When talking about stakeholder collaboration and coordination, it is important to take these different acceptance levels into account (Bryson, 2011).

Organizational strategic planning, as mentioned above, can be limited by differences in culture, and engagement with all strategic planners must take into account this possibility in order to make strategic planning effective.

How changing stakeholders impact the strategic plan

Stakeholders change, because situations change. Organizations rise and fall, government departments get new leadership, merge or change mission. Bryson (2011) stresses the importance of stakeholder identification and analysis, but it is important to remember that stakeholder analysis is part of step one: "initiating and agreeing on a strategic planning process" (p. 47-48). Strategic planning often is thought about in terms of a product, but its also a process, whose steps need to be revisited often to keep up with changing internal and external environmental factors.

Bryson, J. M. (2011). Strategic planning for public and nonprofit organizations: A guide to strengthening and sustaining organizational achievement (4th ed.). San Francisco, CA: Jossey-Bass.

Reference no: EM13953179

Questions Cloud

Validate an idea with your own experience. : Respond by postings in one or more of the following ways: Ask a probing question. Share an insight from having read your colleague's posting. Offer and support an opinion. Validate an idea with your own experience
Calculate variance of return for the investment : Two assets are available for investment.
Accounts receivable analysis : The following account balances are taken from the records of the Faraway Travel Agency:
Display these rates by means of a bar chart : A long-term follow-up study of diabetes has been conducted among Pima Indian residents of the Gila River Indian Community of Arizona since 1965. Subjects of this study at least 5 years old and of at least half Pima ancestry were examined approxima..
Response - ethical benefits and limitations : Ethical benefits and limitations - Nonprofits are often charged with operating at a higher standard than for profit organizations. Theoretically the goal for nonprofits is to provide better or more service to the community, rather than to obtain a..
Compute the equilibrium income : Compute the equilibrium income, derive any government expenditure multiplier and interpret the multiplier and explain its significance in policy context
Perform a complete residual analysis. : An experiment was carried out to assess the impact of the variables x1 = force(gm), X2 = power (mW), x3 = temperature (C) and x4 = time (msec) on y = ball bond shear strength (gm). The results are given in the problem 5 Excel data file.
Response - benefits of strategic planning : Response to Discussion Question- Benefits of Strategic Planning:  Ethics is considered as the moral principles that governs a person's or groups' behavior, separating what is good from what is considered bad, or right from wrong
Mayo hospital is investigating the possibility : Mayo Hospital is investigating the possibility of investing in new dialysis equipment. Two local manufacturers of this equipment are being considered as sources of the equipment.

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Is it possible for a situation to be legal but not ethical

As you do, please refer to what you have learned about the law and ethics. Are any of these situations legal but unethical? Is it possible for a situation to be legal but not ethical

  What the ethical issues are regarding insider trading

What are some examples from society/news of insider trading ethical issue and What are some examples from society/news of insider trading economic issues?

  Provide an exposition of the stockholder view of the

1. provide an exposition of the stockholder view of the corporation as defended by milton friedman. what would

  Explain moral reasoning and action in business

Explain Moral reasoning and action in business and As the young, newly appointed Senior Manager of a chemical plant, James learns that a team of internal auditors from his firm's home office will conduct an audit on his factory in two days.

  How could the tragic death of gideon bush been avoided

Where are the stakeholders in agreements? Where are the stakeholders at odds? How could the tragic death of Gideon Bush been avoided

  Which theories appear to have the best real life adaptation

Post a two paragraph discussion summarizing the article AND explaining which theories apply to the delinquency. Which theories appear to have the best real life adaptation, in this case and in other juvenile cases

  Is nicole required to do so

Jason realizes that he will not have the sufficient money to pay Nicole, so he transfers his rights under this contract to his neighbor, Steve, who has a three-story house. Steve notifies Nicole that Jason's contract has been assigned to him, and..

  Wat is the difference between the various elements of

locate a recent criminal supreme court case you find interesting. provide a brief summary and properly cite the case.

  Compare and contrast deviance and civil order control

Compare and contrast deviance control and civil order control. What are the five types of traumatic stress disorders

  What are the elements of any ethical system

What are the elements of any ethical system? Discuss three of the five types of police misconduct, with examples of each type

  Question ellen is a graduate of the college of alternative

question ellen is a graduate of the college of alternative medicine and is looking to begin her own business. she

  In anbsp1-2 page paper discussnbspfivenbspof the ten

in anbsp1-2 page paper discussnbspfivenbspof the ten following laws. explain why they were enacted. give a short

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd