Charities – The New Management Consultants…

In July 2010, the Economist observed how non-profit organisations “…are commonly advised to become more like for-profit businesses. Management experts and consultants view them as horribly inefficient due to the absence of the concentrating power of the profit motive… [however] there has been barely any reciprocal pressure on for-profit firms to learn from the non-profits.” Organisations in the third-sector (an umbrella phrase used to describe the not-for-profit sector) have a number of key characteristics which …

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