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Analysis of United Way of America - Book Report/Review Example

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Analysis of United Way of America

Stupendous leaders are able to regard their subordinates and dynamic outsiders. They do not consist of superiority mindset but understand workers in a courteous manner. For non-profit and governmental institutes to be able to manage funds aptly and efficiently, the use of checks and balances are remarkably significant. Corporate Entities do not require the use of checks and Balances as much as the later. Lastly, trust is an exceptional virtue required in marketing a non-profit organization and principally susceptible to adverse press. For a non-profit to succeed, it majorly depends on the donations for the bulk of their revenues. Consequently, an organization should be trusted by contributors that it will use the money effectively, and beneficiaries will receive the utmost benefit of the money. Interestingly, when the trust is questioned, the non-profit organization fails to get enough donators and sponsors. Managers running non-profit organization should apprehend that the organization is not a business typified by give and take. Secondly, the significance of non-profit organizations such as UWA is identified and highlighted. ...
Such institutes grants opportunities to individuals in society, hence, have a place to lean. UWA is an effective charitable organization that worked exceptionally hard to convince corporations in considering the underprivileged in the society. Consequently, it instilled a sense of help to such organizations by being an example to tem. Thirdly, managers such as William Aramony are depicted as incomparable examples of CEOs administering organizations (Knapp, 2012). The point is that such managers are effective in their first years of managing and become disastrous when they see opportunities to enrich themselves. William increased UWA contributions from $781 million to $3 billion within a short span of 20 years. This was an outstanding achievement that requires determined and devoted managers to achieve. He did this through interacting with prominent individuals in society such as executives from America’s top corporations (Hartley, 2010). Unfortunately, after an investigation, William was accused of having a high salary, frequent travel habits, probable cronyism and uncertain associations with other spin-off companies. He also violated the organization policy of hiring family and friends in the company. United Way: A Nonprofit Tries to Cope with Image Destruction edifies CEOs on consequences of mishandling funds. William Aramony, from the charitable organizations experienced the penalties of dishonesty (Knapp, 2012). Board members should be active and be familiar with activities of the company. In this situation, many individuals questioned the roles of the board members, and the outside auditors played. The article encourages such these individuals to monitor the work and ...Show more

Summary

Analysis of United Way of America Name Instructor Task Date Introduction The United Way of America (UWA) is an organization located in USA, and majorly deals with offering charitable services to underprivileged in society (Craats, 2002). Lack of ethical merits by Chief Executive Officers (CEO) of the nonprofit organization plunders its public profile…
Author : nicklaus33
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