The Relationship between Strategic Management and Financial Performance of Non-Governmental Organizations (NGOS): Evidence from RDRS Bangladesh

α
Md. Sadrul Islam Sarker
Md. Sadrul Islam Sarker
σ
Md. Ataur Rahman
Md. Ataur Rahman
α to σ Begum Rokeya University Begum Rokeya University

Send Message

To: Author

The Relationship between Strategic Management and Financial Performance of Non-Governmental Organizations (NGOS): Evidence from RDRS Bangladesh

Article Fingerprint

ReserarchID

1D0OC

The Relationship between Strategic Management and Financial Performance of Non-Governmental Organizations (NGOS): Evidence from RDRS Bangladesh Banner

AI TAKEAWAY

Connecting with the Eternal Ground
  • English
  • Afrikaans
  • Albanian
  • Amharic
  • Arabic
  • Armenian
  • Azerbaijani
  • Basque
  • Belarusian
  • Bengali
  • Bosnian
  • Bulgarian
  • Catalan
  • Cebuano
  • Chichewa
  • Chinese (Simplified)
  • Chinese (Traditional)
  • Corsican
  • Croatian
  • Czech
  • Danish
  • Dutch
  • Esperanto
  • Estonian
  • Filipino
  • Finnish
  • French
  • Frisian
  • Galician
  • Georgian
  • German
  • Greek
  • Gujarati
  • Haitian Creole
  • Hausa
  • Hawaiian
  • Hebrew
  • Hindi
  • Hmong
  • Hungarian
  • Icelandic
  • Igbo
  • Indonesian
  • Irish
  • Italian
  • Japanese
  • Javanese
  • Kannada
  • Kazakh
  • Khmer
  • Korean
  • Kurdish (Kurmanji)
  • Kyrgyz
  • Lao
  • Latin
  • Latvian
  • Lithuanian
  • Luxembourgish
  • Macedonian
  • Malagasy
  • Malay
  • Malayalam
  • Maltese
  • Maori
  • Marathi
  • Mongolian
  • Myanmar (Burmese)
  • Nepali
  • Norwegian
  • Pashto
  • Persian
  • Polish
  • Portuguese
  • Punjabi
  • Romanian
  • Russian
  • Samoan
  • Scots Gaelic
  • Serbian
  • Sesotho
  • Shona
  • Sindhi
  • Sinhala
  • Slovak
  • Slovenian
  • Somali
  • Spanish
  • Sundanese
  • Swahili
  • Swedish
  • Tajik
  • Tamil
  • Telugu
  • Thai
  • Turkish
  • Ukrainian
  • Urdu
  • Uzbek
  • Vietnamese
  • Welsh
  • Xhosa
  • Yiddish
  • Yoruba
  • Zulu

Abstract

The prime aim of the paper is to examine the relationship between strategic management and financial performance of Non-Governmental Organizations (NGOs) with special attention on RDRS Bangladesh. The research was a case study. The study adopted a self-administered questionnaire survey for assessing strategic management practices and financial performance of RDRS Bangladesh in the perception of RDRS Staffs. Strategic management assesses both the internal and external environments to formulate strategy, implement the strategy, and evaluate the success of the strategy. The study used census survey which involved the use of the entire population of seventy (70) as a sample. Primary data was collected using a questionnaire. The study made use of descriptive, correlation and regression statistics in analyzing the data that was collected with the aid of the Statistical Package for Social Sciences. The findings of the study demonstrated that strategy evaluation and control had the strongest effect on the financial performance of RDRS Bangladesh. The paper recommended for adopting effect strategic management practices to ensure competitiveness and gain sustainable financial performance of RDRS Bangladesh.

References

65 Cites in Article
  1. R Abzug,N Webb (1999). Relationships between nonprofit and for-profit organizations: A stakeholder perspective.
  2. M Acquaah (2007). Managerial social capital, strategic orientation, and organizational performance in an emerging economy.
  3. Joshua Abor,Nicholas Biekpe (2007). Corporate governance, ownership structure and performance of SMEs in Ghana: implications for financing opportunities.
  4. Niv Ahituv,Jehiel Zif,Isaac Machlin (1998). Environmental scanning and information systems in relation to success in introducing new products.
  5. M Allison,J Kaye (2005). Strategic Planning for Nonprofit Organizations: A Practical Guide for Dynamic Times.
  6. F Analoui,A Karami (2003). Strategic management in small and medium enterprises.
  7. Farhad Analoui,Akram Samour (2012). Strategic management: the case of NGOs in Palestine.
  8. Alan Andreasen,P Kotler (2008). <i>Up and Out of Poverty: The Social Marketing Solution,</i>by P. Kotler and N. R. Lee.
  9. Sharmin Afrin (2016). RDRS Bangladesh Seasonal Loan Impact on Rice Production: A Study in Rangpur District.
  10. Deborah Balser,John Mcclusky (2005). Managing stakeholder relationships and nonprofit organization effectiveness.
  11. Ricardo Banuelas Coronado,Jiju Antony (2002). Critical success factors for the successful implementation of six sigma projects in organisations.
  12. Jean Bartunek (1984). Changing Interpretive Schemes and Organizational Restructuring: The Example of a Religious Order.
  13. Deborah Balser,John Mcclusky (2005). Managing stakeholder relationships and nonprofit organization effectiveness.
  14. J Bryson (2011). Strategic planning for public and nonprofit organizations.
  15. M Stone,B Bigelow,W Crittenden (1999). Research on strategic management in nonprofit organizations: Synthesis, analysis, and future directions.
  16. Anna Kazanskaia (2008). Setting Performance Metrics in Non-Profit Organizations: KPIs, SMART Goals, and the Balanced Scorecard.
  17. D Bailey (1992). The strategic restructuring of nonprofit associations: An exploratory study.
  18. V Blackmon (2008). Strategic planning and organizational performance: An investigation using the balanced scorecard in non-profit organizations.
  19. G Boyne,R Walker (2004). Strategy Content and Public Service Organizations.
  20. William Brown (2010). Strategic Management.
  21. John Bryson (1988). A strategic planning process for public and non-profit organizations.
  22. D Cooper,P Schindler (2003). Business Research Methods (8 thedn.
  23. R Courtney (2002). Strategic Management for Voluntary Nonprofit Organizations.
  24. F David (2009). Strategic management: Concepts and cases.
  25. Marc Epstein,Adriana Rejc Buhovac (2009). Performance measurement, evaluation, and reward systems.
  26. F Reid,M Brown,L Mcnerney,D,J Perri,D (2014). Time to raise the bar on nonprofit strategic planning and implementation.
  27. K Favaro (2015). Defining strategy, implementation, and execution.
  28. A Fowler (1997). Striking a balance: A guide to enhancing the effectiveness of non-Governmental organizations in international development.
  29. Vinay Garg,Bruce Walters,Richard Priem (2003). Chief executive scanning emphases, environmental dynamism, and manufacturing firm performance.
  30. Arthur Goldsmith (1997). Private-sector experience with strategic management: cautionary tales for public administration.
  31. M Hatten (1982). Strategic management in not-for-profit organizations.
  32. R Herman,D Renz (1997). Multiple constituencies and the social construction of nonprofit organization effectiveness.
  33. Qian Hu,Naim Kapucu,Lauren O’byrne (2014). Strategic Planning for Community-Based Small Nonprofit Organizations: Implementation, Benefits, and Challenges.
  34. Per Jenster,George Overstreet (1990). Planning for a non-profit service: A study of U.S. credit unions.
  35. Robert Kaplan,David Norton (2001). Transforming the Balanced Scorecard from Performance Measurement to Strategic Management: Part I.
  36. J Koteen (1997). Strategic management in public and nonprofit organizations: managing public concerns in an era of limits.
  37. M Kothari,C Chui (2003). Figure 1.13 US GDP and trademark applications at the US Patent and Trademark Office, 2003-13.
  38. Jesse Lecy,Hans Schmitz,Haley Swedlund (2012). Non-Governmental and Not-for-Profit Organizational Effectiveness: A Modern Synthesis.
  39. David Lewis (2003). Theorizing the organization and management of non-governmental development organizations.
  40. M Morris,D Kuratko,J Covin (2010). Corporate entrepreneurship & innovation.
  41. Saul Morris,Bruce Cogill,Ricardo Uauy (2008). Effective international action against undernutrition: why has it proven so difficult and what can be done to accelerate progress?.
  42. K Kohn (2005). Idea generation in new product development through business environmental scanning: The case of XCar.
  43. Jesse Lecy,Hans Schmitz,Haley Swedlund (2012). Non-Governmental and Not-for-Profit Organizational Effectiveness: A Modern Synthesis.
  44. C Letts,W Ryan,A Grossman (1999). High-performance nonprofit organizations: Managing upstream for greater impact.
  45. David Lewis (1997). NGOs, Donors, and the State in Bangladesh.
  46. Peter Robson (2002). The Economics of International Integration.
  47. M Reid,L Brown,D Mcnerney,D Perri (2014). Time to raise the bar on nonprofit strategic planning and implementation.
  48. P Richard,T Devinney,G Yip,G Johnson (2009). Measuring organizational performance: Towards methodological best practice.
  49. William Ritchie,Robert Kolodinsky (2003). Nonprofit organization financial performance measurement: An evaluation of new and existing financial performance measures.
  50. U Sekaran (2004). Research Methods for Business: A Skill-Building Approach.
  51. Julie Siciliano (1997). The relationship between formal planning and performance in nonprofit organizations.
  52. Ralph Stacey (2007). The challenge of human interdependence.
  53. Monzir Abdel-Latif,Amal Batniji,Taher El-Agez,Malak Younis,Hatem Ghamri,Bassam Abu Thaher,Basem Qeshta,Fakhr Abu-Awwad,Sofyan Taya (2003). Dye Sensitized Solar Cells Based on Hydrazonoyl Synthetic Dyes.
  54. L Smith (2008). The Impact of strategic planning on nonprofit organization performance: A Qualitative investigation.
  55. Hillel Schmid (1992). Strategic and Structural Change in Human Service Organizations:.
  56. Jessica Sowa,Sally Selden,Jodi Sandfort (2004). No Longer Unmeasurable? A Multidimensional Integrated Model of Nonprofit Organizational Effectiveness.
  57. Gerhard Speckbacher (2003). The economics of performance management in nonprofit organizations.
  58. Melissa Stone,Barbara Bigelow,William Crittenden (1999). Research on Strategic Management in Nonprofit Organizations.
  59. K Strandholm,K Kumar (2003). Differences in environmental scanning activities between large and small organizations: The advantage of size.
  60. J Tapera (2014). The Importance of strategic management to business organizations.
  61. A Thompson,A Strickland (2003). Strategic management concepts and cases.
  62. Lynn Vogel,Irma Patterson (1986). Strategy and Structure:.
  63. T Wheelen,J Hunger (2011). Concepts in strategic management and business policy.
  64. J Wolch (1990). The shadow state: Government and voluntary sector in transition.
  65. P Wright,M Kroll,J Parnell (1998). Strategic Management.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Md. Sadrul Islam Sarker. 2019. \u201cThe Relationship between Strategic Management and Financial Performance of Non-Governmental Organizations (NGOS): Evidence from RDRS Bangladesh\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 18 (GJMBR Volume 18 Issue B7): .

Download Citation

Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
Classification
GJMBR-B Classification: JEL Code: G00
Version of record

v1.2

Issue date

January 24, 2019

Language
en
Experiance in AR

Explore published articles in an immersive Augmented Reality environment. Our platform converts research papers into interactive 3D books, allowing readers to view and interact with content using AR and VR compatible devices.

Read in 3D

Your published article is automatically converted into a realistic 3D book. Flip through pages and read research papers in a more engaging and interactive format.

Article Matrices
Total Views: 2838
Total Downloads: 1398
2026 Trends
Related Research

Published Article

The prime aim of the paper is to examine the relationship between strategic management and financial performance of Non-Governmental Organizations (NGOs) with special attention on RDRS Bangladesh. The research was a case study. The study adopted a self-administered questionnaire survey for assessing strategic management practices and financial performance of RDRS Bangladesh in the perception of RDRS Staffs. Strategic management assesses both the internal and external environments to formulate strategy, implement the strategy, and evaluate the success of the strategy. The study used census survey which involved the use of the entire population of seventy (70) as a sample. Primary data was collected using a questionnaire. The study made use of descriptive, correlation and regression statistics in analyzing the data that was collected with the aid of the Statistical Package for Social Sciences. The findings of the study demonstrated that strategy evaluation and control had the strongest effect on the financial performance of RDRS Bangladesh. The paper recommended for adopting effect strategic management practices to ensure competitiveness and gain sustainable financial performance of RDRS Bangladesh.

Our website is actively being updated, and changes may occur frequently. Please clear your browser cache if needed. For feedback or error reporting, please email [email protected]

Request Access

Please fill out the form below to request access to this research paper. Your request will be reviewed by the editorial or author team.
X

Quote and Order Details

Contact Person

Invoice Address

Notes or Comments

This is the heading

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

High-quality academic research articles on global topics and journals.

The Relationship between Strategic Management and Financial Performance of Non-Governmental Organizations (NGOS): Evidence from RDRS Bangladesh

Md. Sadrul Islam Sarker
Md. Sadrul Islam Sarker <p>Begum Rokeya University</p>
Md. Ataur Rahman
Md. Ataur Rahman <p>Begum Rokeya University</p>

Research Journals