Ethical Edge provides its clients with an independent assessment of efficiencies inherent within the organization through a review of the operations, governance, accountability and mandate.
By reviewing the process through a fresh set of eyes, Ethical Edge has been able to find sustainable savings for many not for profit organizations.
Considering that the not- for profit and charitable sector receives over $112 billion in annual revenues, which translates to 10% of Canada’s GDP, there are many opportunities for finding the savings.
It is through a process of non biased review and working with program and other staff that Ethical Edge has been able to help organizations find the sustainable savings.
Accountability and Mandate
Many organizations start off with a specific mandate and gear their business activities accordingly. However, with changing demographics that the sector services, there is a need to adapt. In our review, we find that the adapting to these demands creates certain gaps that the in-house staff find difficult to disassociate.
Ethical Edge works with organizations in ensuring that the business activities reflect the appropriate mandate, that accountability structures are in place to help mitigate risks and that operational efficiencies are ensured. We help organizations institute proper structures and measurable checks and balances to ensure prudent management of finances.
Moral values and principles are important in operating either for profit or not-for profit organizations.
In the not-for profit sector, ethical behaviour is often more pronounced, as lack of ethics leads to disenchantment.
How does one inculcate ethical values? It is a process that evolves through proper management, governance and code of operation.
We help you in enhancing credibility by:
- Providing you with an independent assessment
- Ensuring that there is no inherent bias
- And helping you find sustainable savings