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Value Management in Non-Profit Organizations - The First Step

Author

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  • Domański Jarosław

    (Faculty of Management, Warsaw University of Technology, 02-524 Warszawa, Poland)

Abstract

This article represents a initial observation on implementing a value management concept for non-profit organizations. Introducing strategic management in non-profit companies is becoming inevitable in order to build up their competitiveness on the non-profit services market. In the first part of this article the key stakeholders of non-profit organizations are identified. The second part is an attempt to present the principal value drivers of non-profit organizations. The groups of key stakeholders that are the most important recipients of the value created by the individual drivers have been assigned to the principal value drivers.

Suggested Citation

  • Domański Jarosław, 2009. "Value Management in Non-Profit Organizations - The First Step," Foundations of Management, Sciendo, vol. 1(1), pages 83-94, January.
    • Handle: RePEc:vrs:founma:v:1:y:2009:i:1:p:83-94:n:6
    DOI: 10.2478/v10238-012-0006-y
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    References listed on IDEAS

    as
    1. Amy J. Hillman & Gerald D. Keim, 2001. "Shareholder value, stakeholder management, and social issues: what's the bottom line?," Strategic Management Journal, Wiley Blackwell, vol. 22(2), pages 125-139, February.
    2. Michael Lubatkin & Sayan Chatterjee, 1991. "The strategy‐shareholder value relationship: Testing temporal stability across market cycles," Strategic Management Journal, Wiley Blackwell, vol. 12(4), pages 251-270, May.
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