On the Fairness and Efficiency in Nonprofit Operations PDF Download
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Author: Yuanzheng Ma
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
We study a sequential resource allocation problem balancing fairness and efficiency for nonprofit operations. (Un)fairness is measured by the expected maximum demand shortfall among all communities, and (in)efficiency is measured by the expected remaining resources after allocation. We prove that the optimal allocation policy for each community is a switching policy, and characterized by a spoon-shaped function in terms of the maximum demand shortfall in previous communities. We also prove that the optimal allocation quantities are increasing in terms of the remaining resource level and realized demand in the current community with bounded sensitivities. On the basis of these results, we propose a simple heuristic policy and numerically show that it performs quite well. Numerical results show that a little weight on fairness in the objective could improve the system's fairness significantly with a small efficiency cost. We also conduct numerical experiments to provide further explanations of the trade-off between fairness and efficiency and insights into the initial resource level decision. Our analysis can be fully extended to fill-rate based fairness metric to characterize the optimal allocation policy.
Author: Yuanzheng Ma
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
We study a sequential resource allocation problem balancing fairness and efficiency for nonprofit operations. (Un)fairness is measured by the expected maximum demand shortfall among all communities, and (in)efficiency is measured by the expected remaining resources after allocation. We prove that the optimal allocation policy for each community is a switching policy, and characterized by a spoon-shaped function in terms of the maximum demand shortfall in previous communities. We also prove that the optimal allocation quantities are increasing in terms of the remaining resource level and realized demand in the current community with bounded sensitivities. On the basis of these results, we propose a simple heuristic policy and numerically show that it performs quite well. Numerical results show that a little weight on fairness in the objective could improve the system's fairness significantly with a small efficiency cost. We also conduct numerical experiments to provide further explanations of the trade-off between fairness and efficiency and insights into the initial resource level decision. Our analysis can be fully extended to fill-rate based fairness metric to characterize the optimal allocation policy.
Author: Rob Reider
Publisher: John Wiley & Sons
ISBN: 0471053562
Category : Business & Economics
Languages : en
Pages : 317
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Book Description
MISSION ACCOMPLISHED As not-for-profits must increasingly achieve greater results with less resources, they are continually seeking ways to use such scarce resources with more economy, with greater efficiency of processes and people within their organizations, and with increased effectiveness of results in order to further their missions. Whether used alone or together with other tools such as benchmarking, activity-based management, and flexible budgeting, the operational review is the tool best used to perform an evaluation of these crucial three e's-economy, efficiency, and effectiveness. This book shows not-for-profit managers why conducting an operational review can be beneficial, explains the tools and personnel needed to conduct the review, and shows in detail how to conduct a review of operations in each area. It includes case study materials for a social service agency, a museum operation, an arts organization, a community service agency, and a college business office. Here is accessible, comprehensive coverage of: * How to approach an operational review, judge its results, and make recommendations to management * How to position your not-for-profit organization more effectively in the competitive world of funding, personnel, resources, and service results * How to identify and implement best practices within funding and operational constraints in all areas of the not-for-profit's operations in an organized program of continuing improvements . . . and much more, including extensive exhibits, forms, working tools, checklists, and examples for conducting an operational review throughout all functions of a not-for-profit organization. Executive directors, outside auditors, CPAs, manage-ment consultants, boards, fund-raising executives, and all others involved in the not-for-profit's operations will learn to get the most for their mission from this indispensable book.
Author: Penina Kessler Lieber
Publisher: Civic Research Institute, Inc.
ISBN: 1887554505
Category : Nonprofit organizations
Languages : en
Pages : 43
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Book Description
Author: Richard Steinberg
Publisher:
ISBN:
Category : Nonprofit organizations
Languages : en
Pages : 32
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Book Description
Many recent proposals seek to restrict the commercial activities of nonprofit firms. I examine some neglected fairness and efficiency aspects of these proposals. Specifically, I propound a new symmetry-type standard for the fairness of the competitive process per se, and note efficiency tradeoffs in a second best world.
Author: Rob Reider
Publisher: Wiley
ISBN: 9780471395737
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
MISSION ACCOMPLISHED As not-for-profits must increasingly achieve greater results with less resources, they are continually seeking ways to use such scarce resources with more economy, with greater efficiency of processes and people within their organizations, and with increased effectiveness of results in order to further their missions. Whether used alone or together with other tools such as benchmarking, activity-based management, and flexible budgeting, the operational review is the tool best used to perform an evaluation of these crucial three e's-economy, efficiency, and effectiveness. This book shows not-for-profit managers why conducting an operational review can be beneficial, explains the tools and personnel needed to conduct the review, and shows in detail how to conduct a review of operations in each area. It includes case study materials for a social service agency, a museum operation, an arts organization, a community service agency, and a college business office. Here is accessible, comprehensive coverage of: * How to approach an operational review, judge its results, and make recommendations to management * How to position your not-for-profit organization more effectively in the competitive world of funding, personnel, resources, and service results * How to identify and implement best practices within funding and operational constraints in all areas of the not-for-profit's operations in an organized program of continuing improvements . . . and much more, including extensive exhibits, forms, working tools, checklists, and examples for conducting an operational review throughout all functions of a not-for-profit organization. Executive directors, outside auditors, CPAs, manage-ment consultants, boards, fund-raising executives, and all others involved in the not-for-profit's operations will learn to get the most for their mission from this indispensable book.
Author: Nelson Pichardo
Publisher:
ISBN:
Category :
Languages : en
Pages : 258
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Book Description
Author: Herrington J. Bryce
Publisher: Jossey-Bass
ISBN:
Category : Business & Economics
Languages : en
Pages : 824
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Book Description
This text provides an account of the key financial, legal, and managerial issues facing nonprofit executives. Organised into 20 detailed chapters, it provides a firm grounding in the five fundamental pillars of effective nonprofit management: mission, money, marketing, management, and membership.
Author: Jae Shim
Publisher: McGraw-Hill
ISBN: 9780786308507
Category : Business & Economics
Languages : en
Pages : 374
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Book Description
AS a financial manager of a nonprofit organization, are you so preoccupied with its social and welfare objectives that you lose sight of operations efficiency and operating cost controls? In a time when you risk potential government cutbacks at any moment, informed resource management is more critical than ever. Financial Management for Nonprofits is a practical guide for financial managers in a variety of nonprofit organizations including charities, educational and medical institutions and religious organizations. Distinctive in its generous use of case stuides, examples and illustrations, this book also distinguishes itself through its emphasis on software. Its free software disk will help you to perform break-even, Cost-Value-Profit (CVP), financial ratio analysis, and "what if" analysis, and an appendix reviews and rates other available sofware programs. Financial Management for Nonprofits covers: Operational differences between nonprofit and for-profit corporations. Accounting practices broken down by specific nonprofit organizations. Ways to spot and avoid financial problems. Sort and long-term financing. Improving managerial and department performance.
Author: Tracy D. Connors
Publisher: John Wiley & Sons
ISBN:
Category : Business & Economics
Languages : en
Pages : 968
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Book Description
The Nonprofit Handbook: Management, Third Edition brings together more than thirty-five leading experts in nonprofit management to provide information and guidance on standardized policies and procedures that are applicable to virtually every nonprofit organization--and effect the three most crucial areas: Effectiveness, Efficiency, and Evolutionary Environment. Updated to include the latest developments in the field, this new edition: Covers such topics as management environment, organizational identity and focus, effective operating and management strategies, marketing and communications, information management technology, process management, fund raising, values, leadership, and human resource development. Includes sample forms, management checklists, model reports, and suggested policy statements that can be adapted to the needs of any organization. Applies the latest developments in business management to the nonprofit sector. Stays current with annual updates. Also available as part of a two volume set along with Fund Raising: Evaluating and Managing the Fund Development Process, Third Edition, The Nonprofit Handbook provides a foundation from which nonprofits can best manage and administer their organizations—and make their missions flourish.
Author: Michael P. Johnson
Publisher: Springer Science & Business Media
ISBN: 1461408067
Category : Business & Economics
Languages : en
Pages : 355
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Book Description
This edited volume is an introduction to diverse methods and applications in operations research focused on local populations and community-based organizations that have the potential to improve the lives of individuals and communities in tangible ways. The book's themes include: space, place and community; disadvantaged, underrepresented or underserved populations; international and transnational applications; multimethod, cross-disciplinary and comparative approaches and appropriate technology; and analytics. The book is comprised of eleven original submissions, a re-print of a 2007 article by Johnson and Smilowitz that introduces CBOR, and an introductory chapter that provides policy motivation, antecedents to CBOR in OR/MS, a theory of CBOR and a comprehensive review of the chapters. It is hoped that this book will provide a resource to academics and practitioners who seek to develop methods and applications that bridge the divide between traditional OR/MS rooted in mathematical models and newer streams in 'soft OR' that emphasize problem structuring methods, critical approaches to OR/MS and community engagement and capacity-building.
