Leading and Managing Non-Profit Organization

Running head: LEADING AND MANAGING NON-PROFOT ORGANIZATION
LEADING AND MANAGING NON-PROFOT ORGANIZATION
Name of the Student
Name of the University
Author Note

LEADING AND MANAGING NON-PROFOT ORGANIZATION1
Introduction
The purpose of this annotated bibliography is to demonstrate the understanding of the
major elements required for quality management and leadership in non-profit organizations.
This discussion will also help to demonstrate the ability to critically analyse, providing
solutions to the issues and innovate them in the non-profit organizational context. The
stakeholder theory approach will be used in this discussion, which be used to demonstrate the
application of this theory, which might be helpful for the non-profit business entities and their
management boards. Stakeholder theory states about the view of an organization which
reflects that the only duty of a business entity is to maximize the profit earning related to the
stakeholders or shareholders of that organization. Delivering the maximum returns is the top
most priority for the firms under this theory.
Ramus, T., & Vaccaro, A. (2017). Stakeholders matter: How social enterprises address
mission drift. Journal of Business Ethics, 143(2), 307-322.
https://link.springer.com/article/10.1007/s10551-014-2353-y
The study by the authors of this research helps to explore the strategies taken to
address the mission drift by the help of the stakeholder theory and their implementation in the
system. The stakeholder theory engages the social accounting, which have the scoped or
ability to support a social undertaking to re-balance the position between the community
value creation and wealth generation. It has been found from the studies that the theory of
stakeholder theory helps the internal factors of a non-profit organization to defend or justify
the pro-social values which were previously rejected. On the other hand, it has been found
that the strategies aimed on community accounting only and without major appointment of
external stakeholders proved to be unsuccessful in neutralize or balance the mission drift

LEADING AND MANAGING NON-PROFOT ORGANIZATION2
because they are unable to start the required system of internal re-introduction and initiate
pro-social values and their objectives.
Omar, A. T., Leach, D., & March, J. (2014). Collaboration between nonprofit and business
sectors: A framework to guide strategy development for nonprofit
organizations. VOLUNTAS: International Journal of Voluntary and Nonprofit
Organizations, 25(3), 657-678.
https://link.springer.com/article/10.1007/s11266-013-9357-6
According to the authors, the collaborations between the business sectors and the non-
profit organizations, is hugely regarded as a value creation process which involves the
stakeholder theory and benefits the business operations along with the society where they are
serving. The theory of stakeholder has the power of acceptance by many business entities, but
the major aspects remain uncertain, just because the tem stakeholder or shareholder is itself a
contested concept, along with internally complex. The complexity often creates problem for
the non-profit business entities and their management boards in improvement of the theory
and its application. Various stakeholder theories are researched and studied in this context, to
produce a multi-dimensional as well as comprehensive classification and approach of the
stakeholder theory to the collaborations between non-profit organizations and business
entities globally.
Fernandez-Feijoo, B., Romero, S., & Ruiz, S. (2014). Effect of stakeholders’ pressure on
transparency of sustainability reports within the GRI framework. Journal of business
ethics, 122(1), 53-63.
https://link.springer.com/article/10.1007/s10551-013-1748-5
According to the researches of the authors, transparency plays an integral role in the
communication process between the stakeholders and other employees of an organization. It