and assess whether strategic objectives have been met.
※ An international board of directors oversees the World Vision Partnership. Also it manages the chairperson. If necessary, it appoint the chairperson or dismiss. The full board meets twice a year to appoint senior officers, approve strategic plans andbudgets, and determine international policy.
The chairperson of the internationa
'employee group'. This is consist of policy planning division, management support division, Asia 1 tean, Asia 2 division, Africa division, middle east of Asia and central-south America division, climate change response division, private - public cooperative planning division, competency development division, humanitarian assistance division, international development cooperative team, WFK team.
of them are managed by hired managers because they have dispersed share ownership.
☞ ‘free-ride’
Because of that, individual shareholders will not have enough incentive to monitor the hired managers like state-owned enterprises.
☞ ‘soft budget constraint’
Private firms can also expect subsidies or even government bail-outs.
When we are out to make a buck and
budget system, each department could secure their own autonomy ofbudget organization and execution. Also they could organizing the budgetand attaching the purpose which is focus on program.
Furthermore, It enables effective following-up control which is basis for performance evaluation of the program by suggest each department’s strategy, direction of development, investment plans and perfo
And top management look through these ideas and select good ones and give some gifts for customer who recommend that idea. In budgeting, Company usually tries to adopt new system, but they have loss structure ofbudgeting. And they reward employee who properly perform their tasks based on Charter for customers in every months. They plan to Establish a new capital and labor culture based on coexis