There are different kinds of funding sources that are reviewed in chapters seven and eight of my course text. I have considered the types of funding sources the development organizations discussed in this chapter’s use. There are various funding sources for both profit and also non-profit making organizations at both convectional and also non-convectional levels. Convectional sources are the one that exists mostly and the ones that are donor based while non- conventional sources are the ones that are inclusive of alternative fundraising for organizations. The two types of funding sources particularly occur in non-profit making organizations. Debt and also equity finance are used as funding sources of profit making organizations. Debt is inclusive of loans and overdrafts that are meant to be repaid. In equity financing, the investors take a stake in a certain firm that entitles them to shares in the rewards or risks of the organization. Loan financing is flexible form of funding that is quicker and also easier to secure than grant funding.
Funding is essential in implementing desired programs of an organization. Funding affects the implementation of a program either in a positive or a negative manner depending on the effectiveness or efficiency of the funding process.
Funding determines the areas that need to be upgraded, strengthened and also modified. It also facilitates distinct modes that better fulfill the requirements of the clients of the organization. Efficient funding processes assist an organization in adapting to new environments, changing technology and also shift in the external variables so as to efficiently use the funds available. Funding an organization identifies whether goals and also objectives that were originally established have been achieved together with the expected effects and also impacts.
There are mechanisms that have been put in place to evaluate the way implementation of programs progresses in an organization that aligns with the overall goals. There are several mechanisms such as economic impact, impact evaluation, analytical evaluation, operative evaluation, traditional evaluation and also personnel evaluation. Through these mechanisms too funders determine whether the programs implemented to align with the overall goals.
Missoni, E., &Alesani, D. (2013). Management of international institutions and NGOs:
Frameworks, practices and challenges. New York, NY: Routledge.eference
Skoll World Forum. (2014a). Embracing complexity—Effectively evaluating both models and
adaptive initiatives [Video file]. Retrieved on 6th April 2016
NGOs foster organization models cross-cultural leadership. It involves cross-cultural leadership in its planning and evaluation. It can be said to be inclusive through investing in leadership development regardless of the beliefs that leaders are born or made. The company also creates a culture of collaboration by rewarding individual success by developing leaders working as a team to bring other workers up and into the circle of leadership. As a result of globalization, the company develops communication skills by countering the communication skills that vary according to regions of location. The company HR also has ways of being human and also rewarding emotional intelligence.
The overall mission of NGOs needs the organization practice a cross-cultural leadership. The company in the process is trying to develop relevant skills in developing managerial effectiveness through time management, prioritization, decision making, strategic thinking and also getting up to speed with the job. The HR advocate on inspiring or motivating employees for their job satisfaction and a smart working. There are also mentoring and coaching programs for the development of employees. The company looks forward at managing internal stakeholders and also politics by providing managerial support in relationships, politics and organizational picture.
Gentry, W., Eckert, R., Stawiski, S.,& Zhao, S. (2014). The Challenges Leaders Face Around the World: More Similar Than Different [White paper]. Greensboro, NC: Center for Creative
Leadership. Retrieved 6th April 2016 from
The most critical things that I have studied from the course are inclusive of external environment impacts on the emergence of particular types of transformational leadership. I have learned of ways of developing conceptual models and the extant literature on the environment and how transformational leadership in international organizations was used. Through the course I have learned the significance of leaders working with their juniors in recognizing the required change, designing visions to guide the change through inspiration and also modes of executing changes in tandem that consists of committed members of the group. In line with the course, I have come to realize the reasons why organizations need transformational leaders.
Out of the course, there are ways that I will implement the ideas I have learned concerning transformational leadership in international organizations after I leave the course. I will be much-oriented ion the greater good on transformational leadership. It is as a result of how most scholars and also employees assume that transformational leader’s changes are always positive and that they are always good. I will emphasize on the good when teaching the young and also when leading in organizations. Though at this perception there is an exclusion of those leaders that worsened situations in the world.
My perception to solve global problems has changed after learning the challenges of international organizations. A significant way of looking at transformational leaders is by judging by changes made and whether they improved the organization on worsened its situation. Transformational change does not always mean that the organization will necessarily prosper. In some situations, the transformational efforts lead to the destruction of those taking up the call. In most situations they make things better and at times they can make things worse.
Avolio, B. J., & Yammarino, F. J. (Eds.). (2013). Transformational and charismatic leadership:
The road ahead. Emerald Group Publishing.