As one might imagine, Jim Collin’s research has attracted the interest of many industry executives, both for and not- for-profit. While, Collins measured greatness as the ability to generate cumulative stock returns that exceeded the general stock market by at least three times over 15 years – something that does not apply to not-for-profits – he was convinced that the same strategies that make for-profit companies great can be applied broadly. For Collins, every organization and individual can create is own “pocket of greatness” and organization executives have begun to apply good-to- great strategies to the unique challenges facing their organizations. Read more>>
There is a significant importance assigned to quality control. An organization strives to have the best possible information, valid and reliable possible under conditional circumstances finances.There are many facets to collecting quality data. Primarily control, possible sources of problems must first be anticipated, best methods for a particular evaluation should be selected, the data collection must be monitored through out the process. Finally, active engagement in activity to suppress, any possible problems before they occur is essential. Read more>>
