Global financial crisis and colossal sovereign debt has resulted in the need for radical cuts in public expenditure in many countries. Against this background, the contributions in Third Sector Performance acknowledge that, as a result, more imaginative ways of delivering public services are being sought. In countries like the UK, the new concept of The Big Society envisages third sector, or not-for-profit, or charitable organizations and social enterprises stepping in to mitigate the loss of vital public services. This development also gives rise to the likelihood that third sector financial institutions such as credit unions and a possible 'Big Society Bank' will grow in importance. The performance of all these enterprises looks set to become a much more critical issue than it has been in the past. The editors have gathered in this volume, chapters reflecting the fact that third sector organizations are not the same as conventional businesses and are also subtly different from the public sector. There is currently a dearth of knowledge and a lack of research into issues around performance in the Third Sector or Civil Society. This book begins to fill a void in the knowledge base. The internationally sourced contributions represent a balanced offering of academic research findings and practitioner accounts from the Third Sector, together with a section devoted specifically to third sector finance institutions. This book will appeal, internationally, to policy makers within the third sector or involved in the management of n-f-p and voluntary organisations, as well as to those with responsibility for wider public policy, scholars teaching or researching in this area, and students of business and management preparing for roles in social enterprises.
’…a great collection of materials on performance measurement and management in the third sector. One of the few books that really brings new insights to this increasingly important sector of the economy.’ Andy Neely, University of Cambridge, UK ’The timely, informative and insightful series of articles is set to make a major contribution to the theory and practice of third sector and social enterprise development. Of relevance to both academics and practitioners, this volume presents significant challenges to the sector but also offers solutions to enable third sector organisations enhance performance and maximise their contribution to society.’ Paul A Jones, Liverpool John Moores University, UK
Contents: Foreword; Introduction; Part I Financing the Third Sector: Overview of part I: financing the third sector; The financial context for an expanded third sector, Graham Manville and Richard Greatbanks; Third sector funding streams: the Big Society bank, Graham Manville and Richard Greatbanks; Can credit unions create credit? An analytical evaluation of a potential obstacle to enhanced performance by credit unions, Richard A. Werner. Part II Academic Research in Third Sector Organisations: Over view of part II: academic research in the third sector; Quality management in non-profit networks in Scotland: cynical, committed or reflective?, Tila Morris and Susan Ogden; Do the strategic objectives of not-for-profit organizations define the criteria for impact evaluation?, Tuuli PÃ¤renson; Does the past matter? Exploring the effect of past changes on crisis preparedness in non-profit settings, Rita S. Mano and Zachary Sheaffer; Anecdotal performance reporting: can it provide sufficient confidence for third sector funding bodies?, Richard Greatbanks and Graham Manville; Public value and performance management in third sector organizations, Pratima Dattani. Part III Reflective Practice from the Third Sector: Overview of part III: reflective practice from the third sector; A co-operative development approach to performance measurement in a not-for-profit organization: the COPE Galway case study, Aonghus Sammin, John O’Byrne, CÃ¡thÃ¡l Wilson and Patrizia Garengo; Social enterprises and democracy: credit unions, social enterprises and engagement with a democratic political economy, John Merritt; Scorecards and strategy maps: top ten factors of performance measurement in non-profit organizations, Brett Knowles, Richard Greatbanks and Graham Manville; Measuring or managing? NGO performance in Peru, Gareth Rees and Richard Greatbanks; Nascent journeys of social enterprise measurements - a reflection of practitioners' experiences, Iain Lucas and David Newton; Conclusion;