Internal and External Accountabilities for Organizational Governance Research Paper

Internal and External Accountabilities for Organizational Governance - Research Paper Example Internal accountability in the not-for-profit organizations refers to the internal stakeholders such as employees, managers, directors etc, their quality of work and the coordination between them which leads to the welfare of the public or any other organization whom they are responsible to benefit. Profit is not their motto, their main aim is to provide services to others, therefore, the needs of others and their fulfilment by the staff and the financial resources of an organization are all a part of the internal accountability of a not-for-profit organization. Internal accountability in a for-profit organization similar to the internal accountability of a not-for-profit organization refers to the internal stakeholders such as employees, directors, managers, shareholders etc and the coordination between them. But, the difference between both of them is that, the internal accountability of a for-profit organization deals with the profits and loss made by the company, Such organizatio ns don’t work for the profit of others, instead they work for their own profit, therefore, they are basically concerned how well the internal stakeholders work in order to make more and more money for the organization. External accountability of a not-for-profit organization is concerned with all the external factors that affect a not-for-profit organization. Charities, donations, sponsors etc are some of the external stakeholders of not-for-profit organizations. External accountability of a for-profit organization includes external stakeholders such as customers, clients etc which affect or make up either profit or loss for a for-profit organization.

Individual Proposal to Change or Add a Policy, or Create New Business Research Paper

Individual Proposal to Change or Add a Policy, or Create New Business - Research Paper Example The virtual system would also promise high levels of productivity for employees by digitalizing all information. There are a thousand stores and shops out there that offer lucrative brands and special offers but you need to highlight your strategy of sit back in your chair and shop for groceries concept. Background The globe is changing at a fast scale and everything is contracting into one with the advancement in science and technology. We have already seen the venture and game of mobile companies creating virtual markets for their application shoppers and brand addicts. There is a great socio and economic tornado that is sweeping the world to conform to the latest trends of technology and it. In such a scenario the business environment is becoming highly competitive and to gain competitive advantage it is necessary to go online. Now is the ear of Information and technology change and consumers has become so intelligent and market sensitive that brining innovation is essential to su rvive in the competitive landscape (Reiss, 2012 ). Problem The problem with this policy is that it requires a huge organizational change. The change of culture, operations and systems may need to be brought at massive scale. The workforce may have to be downsized and the remaining workforce needs to be prepared for the change. Special trainers need to be hired to train the existing staff. The shift from a traditional system to a virtual one may take a considerable amount of time (Reiss, 2012 ). Intro section outline Need for- Special trainers Change managers Equipment Web developers Analyst Management information system softwares Security managers High tech computer systems Benefits- Eventually lower cost of warehousing Inventory management and accountability can be easily monitored Stand as a competitive advantage in the retail industry Increase productivity Motivate young staff and potential candidates to be a part of the organization Increase sales and profits Cut down warehouses Less staff to manage and pay Less dependency on efficiency of human capital Methods First of all it is necessary to create a business plan. Hiring an MBA is very essential for that. Calculate all costs of getting into the venture and sustaining it. Set out the objectives of the change policy and start implementing the business plan. Assign the project to a project manager. Purchase a domain name for your website and also get return and overhead charges permit from the government and create a website. Establish different paying systems, get associated with renowned banks for easy payment transfers for goods. One you have developed the website, hire a set of people to maintain all systems and keep all information co ordinate. The warehouse software, recruiting, sales order, delivery softwares all should be aligned together for co-ordination of information. Monitor the content being displayed and focus heavily on advertising the new style that you are introducing. Highlight the conven ience factor and market your store like anything and hit all possible virtual markets for example social networking sites. Hire a maintenance and security team to look into the security aspect of your business. The use of digital dash boards and workforce management systems can help in monitoring and evaluating performance before and after the change (Reiss, 2012 ). Qualifications The person