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Responsive strategies adopted by non-profit organisations in recessionary times to ensure their financial sustainability

Dissertation (MBA)--University of Pretoria, 2013.

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Other Authors: Adonisi, Mandla
Format: Thesis
Language:English
Published: University of Pretoria 2014
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access_status_str Open Access
author2 Adonisi, Mandla
author_browse Adonisi, Mandla
author_facet Adonisi, Mandla
collection Thesis
dc_rights_str_mv © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Dissertation (MBA)--University of Pretoria, 2013.
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institution University of Pretoria (South Africa)
language English
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provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2014
publishDateRange 2014
publishDateSort 2014
publisher University of Pretoria
publisherStr University of Pretoria
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spelling oai:repository.up.ac.za:2263/41976 Responsive strategies adopted by non-profit organisations in recessionary times to ensure their financial sustainability Adonisi, Mandla ichelp@gibs.co.za Hadebe, Patricia UCTD Non-profit organisation (NPO) recession financial sustainability Dissertation (MBA)--University of Pretoria, 2013. The impact of the global financial crisis, which has its origins in the United States, reverberated through the private sector and brought some country economies to their knees. This highlighted the interconnectedness of world economies. Big companies filed for bankruptcy whiles others were acquired in a bid to avoid total annihilation. Unemployment levels reached terrifying heights. While the world economy was unravelling and the legitimacy of governments was determined by their ability to alleviate the financial pressures their citizens were under; another group was feeling the pressure. However, the impact the financial crisis has had on group has not received nearly as much attention. Although the non-profit sector may not feature highly on the economic scales and matrices; it is part a part of the global economic fabric. It receives funds from governments, corporates, foundations, philanthropists and individual citizens. The size of the donations they receive correlates to the size of the disposable income of their donors. It therefore follows that when the world economy unravelled; non-profit organisations saw a marked decline in the funds received. This paper sets to establish not only how the South African non-profit sector responded to what became a funding crisis for them; but also to test their responsive strategies within the framework of the strategy process. An exploratory research method was used to investigate this problem, and the results showed on the one hand, a spirited sector that has taken the challenge on by adopting more commercial thinking to ensure their financial sustainability. On the other it was found that challenges with a key strategic partner prevailed as well as the challenge of accepting the incongruence of embracing commercial practices vis-à-vis holding deep social mission values. zkgibs2014 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2014-09-11T06:57:05Z 2014-09-11T06:57:05Z 2014-04-30 2013 Mini Dissertation Hadebe, P 2013, Responsive strategies adopted by non-profit organisations in recessionary times to ensure their financial sustainability, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/41976> http://hdl.handle.net/2263/41976 en © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Non-profit organisation (NPO)
recession
financial sustainability
Responsive strategies adopted by non-profit organisations in recessionary times to ensure their financial sustainability
title Responsive strategies adopted by non-profit organisations in recessionary times to ensure their financial sustainability
title_full Responsive strategies adopted by non-profit organisations in recessionary times to ensure their financial sustainability
title_fullStr Responsive strategies adopted by non-profit organisations in recessionary times to ensure their financial sustainability
title_full_unstemmed Responsive strategies adopted by non-profit organisations in recessionary times to ensure their financial sustainability
title_short Responsive strategies adopted by non-profit organisations in recessionary times to ensure their financial sustainability
title_sort responsive strategies adopted by non profit organisations in recessionary times to ensure their financial sustainability
topic UCTD
Non-profit organisation (NPO)
recession
financial sustainability
url http://hdl.handle.net/2263/41976