A Detailed Literature Review on Marie Curie's Performance

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Literature Review
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This literature review provides a comprehensive analysis of Marie Curie's performance, a leading UK end-of-life charity. It presents quantitative data through ratio analysis, comparing Marie Curie's performance with MacMillan Cancer Support across various metrics like return on shareholder, profit margin, and asset turnover. The review identifies challenges faced by Marie Curie, including post-Brexit funding issues, the impact of COVID-19 on fundraising and operations, and the need for adapting to new charity ethics and technologies. Furthermore, it explores qualitative models such as Total Quality Management (TQM) and the Donabedian framework, alongside a PESTLE analysis to evaluate the political, economic, social, technological, legal, and environmental factors influencing the organization. The review concludes by highlighting areas for improvement and strategic considerations for Marie Curie to enhance its performance and impact. Desklib offers solved assignments and past papers for students.
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Literature Review
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ABSTRACT
For the analysis of the business it is necessary that company critically evaluates the position so that they can decide whether
the company is performing in better. The current report outlined the qualitative and quantitative aspect of performance of Marie Curie.
With the finding it was evaluated that performance of Marie Curie was kind of similar to the MacMillan Cancer Support. Further with
the PESTLE and SWOT it was evaluated that there were different issues like staff turnover, lack of financial training, lack of
communication of data relating to pre and post COVID.
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TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................4
Presentation of data.....................................................................................................................4
Presentation of model and theories...........................................................................................13
Discussion.................................................................................................................................15
REFERENCES..............................................................................................................................17
APPENDIX....................................................................................................................................19
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INTRODUCTION
Analysis of the performance of company is very necessary as it provides better working and decision making to the company.
In case the business is not working in better and effective manner then this will be affecting the working efficiency of the company. In
the present case, the analysis of the performance of Marie Curie will be undertaken. This company operates in charity organization
and is one of the UK leading end of life charity. The company provides the frontline nursing and hospice care to the people and
support people relating to aspect of dying, death and bereavement. The present literature review will outline the presentation of the
data relating to the performance of the company. Along with this, the use of different models and theories will also be undertaken in
order to evaluate the performance of the company. In the end the discussion relating to combination of qualitative and quantitative
aspect of the company will be analysed. The vision of company is to connect and empathising with people and taking care of need of
people and respect them. Along with this Marie Curie is also having facility of hospice and has largest number of hospice bed outside
NHS (Our values at Marie Curie, 2022). There are different hospice like Bradford, Edinburgh, London, Liverpool, West Midlands
and others.
Presentation of data
For Marie Curie to work in better and effective manner it is necessary that they continuously monitor their performance and
strategies. This is necessary because of the reason that in case the working efficiency of the company will not be good then they will
not be in position to work in better way. Hence, for this reason it is advisable to evaluate the performance of the company from time to
time (Green and et.al., 2021). In addition of this it is also necessary that company evaluate itself on the basis of qualitative aspect as
well along with quantitative performance. Hence, for this the quantitative analysis of Marie Curie is necessary. Also, the company
exist in the external environment and there are many different changes which can affect the working and strategies selected. Hence,
the continuous monitoring will help the company in analysing the current position and try to improve the working.
Ratio analysis
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This is very important tool for Marie Curie to analyse the performance of the company in comparison to past years and with
other competitors as well.
Return on shareholder
Particular 2020 2019 2018 2017 2016
Marie
Curie 7.32 3.62 1.56 -5.92 -8.99
MacMillan
Cancer
support
60.67 4.17 -72.08 -5.69 2.88
(Source: Annual report and accounts 2020/ 21, 2021)
Return on capital employed
Particular 2020 2019 2018 2017 2016
Marie 7.03 3.45 1.48 -5.6 -8.39
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Curie
MacMillan
Cancer
support
32.02 0.87 -14.26 -1.87 0.97
(Source: Annual report and accounts 2020/ 21, 2021)
Profit margin
Particular 2020 2019 2018 2017 2016
Marie
Curie 5.19 2.55 1.01 -3.75 -5.83
MacMillan
Cancer
support
24.16 0.65 -10.62 -1.48 0.75
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(Source: Annual report and accounts 2020/ 21, 2021)
Debtor turnover ratio
Particular 2020 2019 2018 2017 2016
Marie
Curie 35.75 34.79 55.09 64.76 83.9
MacMillan
Cancer
support
320.54 408.48 226.22 218.21 333.93
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(Source: Annual report and accounts 2020/ 21, 2021)
Net Asset turnover
Particular 2020 2019 2018 2017 2016
Marie
Curie 1.35 1.35 1.46 1.49 1.44
MacMillan
Cancer
support
1.33 1.34 1.34 1.27 1.30
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(Source: Annual report and accounts 2020/ 21, 2021)
Current ratio
Particular 2020 2019 2018 2017 2016
Marie
Curie
1.71 1.63 1.45 1.24 1.26
MacMillan
Cancer
support
1.54 1.40 1.58 1.31 1.35
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(Source: Annual report and accounts 2020/ 21, 2021)
Liquid ratio
Particular 2020 2019 2018 2017 2016
Marie
Curie
1.70 1.63 1.45 1.24 1.24
MacMillan
Cancer
support
1.54 1.38 1.58 1.31 1.35
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(Source: Annual report and accounts 2020/ 21, 2021)
Profit per employee
Particular 2020 2019 2018 2017 2016
Marie
Curie
2,031 944 374 -1,397 -2,112
MacMillan
Cancer
support
26,845 779 -13,900 -2,029 1,043
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(Source: Annual report and accounts 2020/ 21, 2021)
Turnover per employee
Particular 2020 2019 2018 2017 2016
Marie
Curie
39,113 37,070 36,905 37,230 36,213
MacMillan
Cancer
support
111,111 119,832 130,882 137,482 139,561
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