Week 4 Chardae Austin, writing homework help

THIS IS ONLY AN INTERPRETATION, FIVE SENTENCES AND A QUESTION IS ALL I NEED. TELL ME YOUR THOUGHTS

Hands on Birmingham

Hands on Birmingham, was formed in July 1998 and became a nonprofit corporation in 1999. HOB provides flexible hands-on volunteer opportunities for busy people. Due to the difficult economy issues during the start of the organization, the organization shifted its funding from corporations to grants and foundations. HOB is in the midst of expanding all of its services into the counties in Alabama. Hands on Birmingham mission, is to connect people with organized and meaningful volunteer opportunities to improve their community. Their vision is that volunteers can inspire change in the community. Basing beliefs on values such as: helping people, accountability, efficiency, voluntary giving, and integrity & fairness.

Internl Factors

The best thing about internal factors is that you can control many of them. One internal factor that may impede the development of a successful financial strategic plan within the government, could be the person put in charge of grant writing for the organization. As mentioned earlier, HOB receives funding through grants. A grant is a finical award given by the federal, state or local government to an eligible organization. A person in this role of grant writing could be considered the finance officials. They must possess certain skills to allow them to be successful in this role such as, understanding the entire knowledge of entity’s operations, resources, and systems (Casey, 2010). Finance officials provide the expertise to best quantify the funding and related resources that are required to accomplish strategic plan goals (Casey, 2010). Another internal factor that can have a negative impact on an organization’s financial strategic plan is high employee turnover rates. Long- time employees have a deep history with the company, and when they leave, so does their knowledge, skills, and abilities, and the company’s investment to train the workers. The organization probably went a great expense to either acquire or develops that talent (Sarmad 2016).

External Factors

External factors are all those things that are beyond your control. There are no individual or organizational incentives to deviate from existing controls toward more effective performance. In making budget proposal, agency administrators are likely to seek more than what is needed to cover the cost (Moynihan, 2006). One external factor that may impede the development of a successful financial strategic plan within the government could be meeting the criteria to receive grants. Some of the issues that can arise during the proposal of a grant include:

  • Time-consuming research on the granting agency before writing the grant.
  • Competition is fierce, and the success rate is low.
  • There are strings attached to the money you receive. You can’t do whatever you want with the funds.
  • Most grants are short term. When they run out, you have to start over.

Refernce

http://www.handsonbirmingham.org/

Casey, J. P., & Seay, K. T. (2010). The role of the finance officer in strategic planning. Government Finance Review, 26(6), 28–36.

Retrieved from the Walden Library databases.

Moynihan, D. P. (2006). Managing for results in state government: Evaluating a decade of reform. Public Administration Review, 66(1), 77–89.

Retrieved from the Walden Library databases.

Sarmad, M., Aimal. M. M., Shamim, M., Saleh, M., & Malik,A. (2016). Motivation and Compensation as Predictors pf Employees’ Retention: Evidence from Public Sector Oil and Gas Selling Organizations. Journal of Behavioral Science, 26(2), 174-188. Retrieved from Walden Library databases.