scholarly journals Best Practices on Financial Management: A Collaborative Academic Interventions in Cotabato City, Southern Philippines

2018 ◽  
Vol 31 (1) ◽  
Author(s):  
Norodin D. Salam ◽  
Marwisa Sedik-Salam
Keyword(s):  
Local Government ◽  
Best Practices ◽  
Empirical Data ◽  
Financial Management ◽  
Management Practices ◽  
Local Community ◽  
Document Analysis ◽  
Academic Interventions ◽  
Good Housekeeping ◽  
Descriptive Method

Finance has been described as a great challenge for every organization and considered   the lifeblood of every institution which is used to finance its programs and services.  The study determined the best financial management practices and the implementation in the local government unit of Cotabato City, Mindanao, Southern Philippines.  It also identified the gaps in financial management in its covered local community.  Interview guides and document analysis were used in the study. Using descriptive method, it was found out that the financial management of the local community was properly managed. Hence, there was a good financial management in terms of finances of the communities in Cotabato City as a basis of receiving the award of the seal of good housekeeping.  It has been highly recommended to engage more trainings on the same field with the involvement of the second liner young officials.  This study provides empirical data to the agency administrators managing the community.  There will also be an identification of strategies to be adapted in the programs for implementation.

scholarly journals Agile and Lean approaches: possibilities of application in local self-government bodies of Ukraine

2020 ◽  
Vol 8 (6) ◽  
pp. 70-80
Author(s):  
Olena Bortnik
Keyword(s):  
Local Government ◽  
Best Practices ◽  
Public Administration ◽  
Continuous Improvement ◽  
Local Governments ◽  
Management Practices ◽  
Mutual Influence ◽  
Management Systems ◽  
Iso Standards ◽  
Private And Public

The article considers the concepts and history of Agile and Lean, the possibility of application in local self-government in Ukraine, analysis of the experience of local government in other countries. The aim of the article is to find ways to learn the best experience to improve the work of local self-government in Ukraine.Foreign publications related to the possibility of implementing the Agile methodology in the field of public administration and local self-government are analyzed. Examples of interaction and mutual influence of Agile and Lean are given. Demonstrates how references in international ISO standards to the above-mentioned methodologies, values and ways of thinking are used. ISO standards for management systems are universal and can be applied by both private and public sector organizations. One of the main ideas behind the standards is continuous improvement based on the PDCA cycle, and organizations that have implemented management systems such as ISO 9001 can use international best practices, tools and techniques to improve efficiency and effectiveness, satisfaction of customers and other interested parties and reduce unwanted losses. Such methods are those which are considered in this article. Historically, most management practices have emerged in the private sector, driven by a competitive environment. And then adapts to public administration and local government. In Ukraine, the process of decentralization of local self-government is gaining momentum. Sustainable development of local self-government is the basis for ensuring the comfort and quality of life of the local communities. In a rapidly changing environment, there is a need to find new management approaches. It is proposed to conduct short-term pilot projects to test the Agile method in local governments. It is advisable to include consideration of the methods specified in the article in training and retraining of employees. Continuous improvement requires, first of all, a change in organizational culture and awareness and involvement of staff for the most effective implementation of world best practices.

Effects of financial management practices on technical performance of building contractors in northeast Nigeria

2020 ◽  
Vol 25 (2) ◽  
pp. 201-223
Author(s):  
Abdulmalik Sa'eed ◽  
Nuru Gambo ◽  
Ibrahim Ibrahim Inuwa ◽  
Innocent Musonda
Keyword(s):  
Developing Countries ◽  
Best Practices ◽  
Construction Industry ◽  
Financial Management ◽  
Management Practices ◽  
Small Scale ◽  
Content Type ◽  
Technical Performance ◽  
Practical Implications ◽  
Northeast Nigeria

Purpose The purpose of this study is to assess the effects of financial management practices of small-scale building contractors on the technical performance of the contractors in the northern part of Nigeria with international best practices. Previous studies argued that the technical performance of small-scale building contractors in developing countries is poor because of insufficient cash to acquire strategic resources at the outset of a project. This continues to pose a challenge to the sustainable development of the construction industry, particularly in developing countries like Nigeria. There is, therefore, a need to identify, assess and compare the effects of financial practices of the contractors with technical performance best practices. Design/methodology/approach The technical performance of each contractor was evaluated using a five-point Likert scale. This is used to obtain the mean technical performance levels of the contractors. A questionnaire survey was administered to the professionals in the industry who were selected by using a proportionate stratified random sampling technique. The contractors’ performance was compared using ANOVA with post hoc, and the effects of contractors’ financial management practices were determined using multiple regression analysis. Findings The results of this study indicated that the contractors in Nigeria were average technical performers and there were large effects of financial management practices on the technical performance of contractors in building projects. Research limitations/implications This study is limited to small-scale building contractors in northeast Nigeria. One of the implications of this study is that it provides the criteria for an evaluation of small-scale building contractors’ technical performance in Nigeria and other developing countries that faced similar problems. Practical implications The practical implications of this study are that it establishes the current level of contractors' technical performance and serves as an awareness of contractors' current financial practices. Social implications This study created bases for self-evaluation of contractors’ technical performance and competition among small-scale contractors in Nigeria for the enhancement of productivity particularly in rural areas for national development. Originality/value This study emanated from the government reports and past studies in the area of performance management based on the persistence of poor technical performance of small-scale contractors in the construction industry.

Helping Gasiza have a bridge for generations to come

2018 ◽  
Author(s):  
Sean Dean
Keyword(s):  
Local Government ◽  
Best Practices ◽  
Local Community ◽  
Development Work ◽  
Knowledge And Skills ◽  
The North ◽  
To Come ◽  
The Uk ◽  
Safe Access

<p>Gasiza Bridge provides safe access for approximately 6,000 people who live in communities adjacent to the new footbridge, over the River Cyacika in the north of Rwanda. Previously, the nearest safe crossing was 3.5km away. The new footbridge is owned by the local government and will be maintained by the local community.</p><p>As with all development work, the long term success of the bridge is dependent on local community taking ownership of it. Through various methods, the UK Team of Bridges equipped the local community with the necessary knowledge and skills.</p><p>The team conveyed safety, quality and maintenance best practices from the UK experience to the local community with the intention that the community will take ownership of the bridge, thus ensuring that this safe access will be maintained for many years to come.</p>

Assessment of Financial Management Practices of Small and Medium Enterprises (SMEs) in Nasugbu, Batangas

2021 ◽  
Vol 1 (2) ◽  
pp. 24
Author(s):  
Marvin C. Hernandez ◽  
Corinna S. Balboa ◽  
Rommel C. Cuenca ◽  
Nik Ki Dale G. Quilantang
Keyword(s):  
Financial Management ◽  
Business Performance ◽  
Management Practices ◽  
Small And Medium Enterprises ◽  
Working Capital Management ◽  
Significant Difference ◽  
Main Instrument ◽  
Medium Enterprises ◽  
Descriptive Method ◽  
Gathering Data

The Small and Medium Enterprises have been identified as important contributors to economic development who are facing a range of challenges which work against their progress, one of which is financial management. This study aimed to assess the financial management practices of small and medium enterprises in Nasugbu, Batangas. The researchers used the descriptive method with a questionnaire as the main instrument in gathering data from 34 respondents. Frequency, percentage, and mean were used as statistical tools in the study, and analysis of variance was used to determine the significant differences between variables. The data gathered were tallied, analyzed and interpreted. The results of the study revealed that majority of the respondents implement financial management practices. Financial management practices such as financial planning, investment, and working capital management are highly applied by small and medium enterprises in Nasugbu, Batangas. It was also revealed that there is a significant difference in the application of financial management practices of small and medium enterprises when they are grouped according to business profile. The outcome of this study may be useful for the entrepreneurs to focus on financial management practices in order to enhance their business performance. 

Urban Community Grids Management in Metropolitan China

2013 ◽  
pp. 145-175
Author(s):  
Shuhua Monica Liu ◽  
Qianli Yuan
Keyword(s):  
Theoretical Model ◽  
Local Government ◽  
Best Practices ◽  
Service Delivery ◽  
Empirical Data ◽  
Public Services ◽  
Urban Community ◽  
Services Delivery ◽  
Social Organizational ◽  
The Impact

Based on empirical data collected from Beijing, Shanghai and Wuhan, the authors will analyze the use of UCGM in public services delivery in three different cities. Aiming to evaluate and compare the impact of UCGM on local government operations, this paper is to develop a theoretical model that help to explain the success of mobile government in cities of different scales in China. Extracting commonalities of best practices, the authors attempt to dig deeper on social, organizational, and technological challenges each local government is facing when using m-technology to facilitate public service delivery.

scholarly journals Financial resilience of English local government in the aftermath of COVID-19

2020 ◽  
Vol 32 (5) ◽  
pp. 813-823 ◽  
Author(s):  
Thomas Ahrens ◽  
Laurence Ferry
Keyword(s):  
Local Government ◽  
News Media ◽  
Financial Management ◽  
Management Practices ◽  
Central Government ◽  
Government Support ◽  
Local Authorities ◽  
Content Type ◽  
Financial Framework ◽  
The Uk

PurposeThe financial resilience of local authorities has been a serious concern over the past decade due to austerity and its effects on local government budgets despite rising service demands. More recently, the scale and suddenness of the shock from COVID-19 has exacerbated problems of financial resilience. This paper explores the financial management responses required by a sudden, nationwide pandemic of such severity.Design/methodology/approachThis paper applies the concept of financial resilience to English local government to analyse their situation in the aftermath of COVID-19. It is based on a close reading of official reports and the news media.FindingsLocal authority’s financial resilience could deal with normal levels of risk arising from austerity. However, the seriousness of COVID-19 alongside pressures still emanating from Brexit requires a significant level of central government support. This is critical as local government is expected to underpin future economic growth of the UK as well as deliver an important social response. Presently, the financial framework for funding individual local authorities through central government in terms of COVID-19 support is not on a reliable footing to answer specific demands. This can lead to gaming and perverse incentives.Originality/valueThis is the first paper to connect the financial resilience in the local government framework with the required central government funding procedures for sudden nationwide crises, such as the COVID-19 pandemic. It identifies the need to define what effect key variables, such as local government financial reserves, local deprivation indices and anticipatory financial management practices in local government should have on the determination of central government aid for individual local authorities.

Environment and atmosphere of night tourism based on the local wisdom: A case study of Berastagi

2020 ◽  
Vol 3 (1) ◽  
Author(s):  
Selly Veronica ◽  
Nurlisa Ginting ◽  
AmyMarisa
Keyword(s):  
Field Observation ◽  
Local Community ◽  
Tourism Development ◽  
Primary Data ◽  
Tourist Destination ◽  
Innovative Strategy ◽  
Depth Interview ◽  
Social Environmental ◽  
Descriptive Method

Night tourism development comes up as an innovative strategy for tourism development in this current intense competition. There are four main elements in night tourism, namely economic, social, environmental, and night atmosphere. Berastagi is the most popular tourist destination in Karo Regency, Sumatera Utara, Indonesia, which already have night tourism destination but unfortunately undeveloped yet. Night tourism development in Berastagi must be with the local wisdom approach to maximize its benefit. Karonese as the majority ethnic of the local community in this area potential to be developed on its night tourism. This paper only analyzes the environmental and night atmosphere aspects in Berastagi’s night tourism, which based on local wisdom. Qualitative primary data from field observation and depth interview results have been analyzed by using the descriptive method. The study shows that involving local wisdom in developing the environment and night atmosphere can give the typical identity for the night tourism in Berastagi.Night Tourism

Financial Management of Tires Retail and Restaurant Business in Greater Jakarta

2019 ◽  
Vol 2 (4) ◽  
pp. 267-275
Author(s):  
Sung Suk Kim ◽  
Jacob Donald Tan ◽  
Rita Juliana ◽  
John Tampil Purba
Keyword(s):  
Financial Management ◽  
Management Practices ◽  
Working Capital ◽  
Structured Interviews ◽  
Short Term ◽  
Direct Observations ◽  
Medium Enterprises ◽  
Cash Reserves ◽  
Retained Earnings ◽  
Computerized System

This study aims to explore the financial management practices ofsmall-and-medium-enterprises (SMEs) in the Greater Jakarta (Jabodetabek). We investigate into 3 SME cases by conducting the semi-structured interviews with the owner-managers and using direct observations to know the practices of financial management of SMEs. Through the research, we have found six propositions related to the practice of short-term financial management. They apply bootstraps to ensure availability of working capital. They set aside cash reserves from retained earnings and minimize loans from financial institutions. They have the computerized system to track receivables facilitating working capital needs. They keep theirinventory control efficient to manage working capital. They screen customers using transactional records and reputations to minimize the risk of bad debts.

Tinjauan Aspek Budaya pada Pembelajaran IPA: Pentingnya Pengembangan Kurikulum IPA

1970 ◽  
Vol 12 (2) ◽  
Author(s):  
Fajar Hardoyono
Keyword(s):  
Local Government ◽  
Human Resources ◽  
Learning Process ◽  
Local Community ◽  
Cultural Background ◽  
Natural Sciences ◽  
Local Authorities ◽  
Indonesian Government ◽  
Learning Attitude ◽  
Do So

: Education deals with enlightening people and developing human resources. The reasecher concluded that cultural background of students influences their learning attitude in the school. Therefore, the developing learning process of Natural Sciences insist student to elaborate principles of Natural Sciences without ignoring cultural valuesof local community. The policy of decentralization of Indonesian Government had authorized and legitimated local authorities to develop curriculum based on the local cultures. To do so, each local government through the officers of Education has to create a curiculum by involving some curriculum experts, instructures, natural sciences theachers, and the lectures of universities who adequately understand learning model of Natural Sciences.

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