Project report on Highlights of ’Financial Management’ In Public Sector Undertakings CONTENTS 1. Introduction 2. Highlights of financial management in public sector undertakings - Budgets in Public Sector - Revised Budget - Sources of Funds in Public Sector - Role of Financial Advisor - Capital Budgeting - Working Capital Management - Financial Delegation - Financial Reporting - Profitability of Central Public Sector Undertakings 3. Role of financial management in the reforming of psu’s - Performance
Premium Net present value Generally Accepted Accounting Principles Finance
SUMMARY 6 Reference: Germov‚ J‚ ”Managerialism in the Australian public health sector: towards the hyper-rationalisation of professional bureaucracies.“ Sociology of Health and Illness 27‚ No. 6 (2005): 738-758. The article outlines the effect and impact of managerialism on the organization’s operation in Australian public health sector professionals‚ which bases on 11 qualitative case-study researches with 71 semi-structured interviews. The data was collected from government funded independent
Premium Rationality
IDENTIFY THE KEY FEATURES OF CORRUPTION. ESTABLISH WHY PUBLIC SECTOR CORRUPTION IS REGARDED AS A PROBLEM ESPECIALLY FOR DEVELOPING COUNTRIES. 1.0 INTRODUCTION Corruption is regarded as a complex problem to solve or refer solutions to. Corruption may be taken to include those modes of employing money to attain private ends by political means which are criminal or at least illegal‚ because they induce persons charged with a public duty to transgress that duty and misuse the functions assigned to
Premium Political corruption Politics Government
“Private and public sector management differ only in context‚ but this difference is significant.” George Boyne in his article “Human resource management in the Public and private sectors: An empirical comparison” explains with empirical evidence how even though private and public sector management differs in service ethos but this difference is significant which impacts the tradition‚ culture and practises of both the sectors. Over the past two decades many different interpretations and perceptions
Premium Management Public sector Public administration
Case Analysis of the Introduction of New Public Management in Small States By: Tamara McLeod ID #: 03-048181 Identify the main public sector reform issues and problems in the case Public sector reform refers to strengthening the way public sector is managed. The public sector may try and do too much with two little resources. In the case the main public sector reform issues highlighted were: • Political Issues‚ such as the political will of government representative‚ the Westminster/Whitehall
Premium Government Public administration
Management of Change in the Public Sector Joseph Mphafudi Contents 0 Introduction 2 The definition of Change management 3 Origin of Change Management 4 Factors that prompted Necessity for Change 5 The Approach to Change Management in the Public Sector 6 Managing Change in the public Sector –Methods and Tools 14 Conclusion 16 References 17 Introduction In today’s knowledge-based economy‚ the world is highly competitive and demanding. Society
Premium Change management Management
Journal of Change Management Vol. 6‚ No. 1‚ 99 –113‚ March 2006 Strategic Management and Organization Development: Planned Change in a Public Sector Organization HARRY SMINIAÃ & ANTONIE VAN NISTELROOIJÃÃ Ã The Management School‚ University of Sheffield‚ UK‚ Ã Ã Department of Administrative and Organization Science‚ Faculty of Social Sciences‚ Vrije Universiteit‚ Amsterdam ABSTRACT This paper reports on a case study on the introduction of organization development (OD) techniques in a traditionally
Premium Management Project management Change management
on Public Sector Reform PHILOSOPHY FOR PUBLIC SECTOR REFORM Government’s policy for public sector reform is driven by a philosophy that makes the interest of the people of paramount concern. The human resource is the most valuable of all national resources. People‚ whether there are the employers‚ employees or customers of the public sector‚ transcend structures‚ systems‚ procedures and technology. They are the key elements to the overall success of government’s initiative in public sector reform
Premium Management Human resource management
PUBLIC SECTOR WHAT ARE PUBLIC GOODS‚ MERIT GOODS AND IMPURE PUBLIC GOODS? WHAT KIND OF A PROBLEM IS ASSOCIATED WITH THE PROVISION OF PUBLIC GOODS? WHAT ARE THE REMEDIES? A public good is a good or service that can be consumed simultaneously by everyone and from which no one can be excluded—nonrival and nonexcludable. They are determined in terms of their economic rather than their administrative‚ physical‚ normative or financing charateristics. The market will fail to exist for public goods because
Premium Public company Public good Initial public offering
COMES TO THE PUBLIC SECTOR Richard B. Freenan Working Paper No. 1452 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge‚ MA 02138 September 1984 The research reported here is part of the NBER ’s research program in Labor Studies and project in Government Budget. Any opinions expressed are those of the author and not those of the National Bureau of Economic Research. NBER Working Paper #1452 September 1984 Unionism Comes to the Public Sector ABSTRACT This
Premium Trade union Collective bargaining Labour relations