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11/09/2007

Another saga?

While begging has taken a different form and scale, corporate governance for such organisations are changing at an unusually slow pace. Thanks to NKF that more is being done to clean up the management of such charitable organisations. When professionals take over the art of begging and transform it into a business concern, they somehow forgot to transform the management of the organisations and its funds by bringing in the same quality of professional management. So, while the process of introducing professional financial management to charitable organisations, we are going to uncover many unsightly things, so to speak. The public must be prepared and braced up for such an eventuality as more organisations are dissected up for the full view of the donors. We may need a campaign to psychologically prepare the people so that they are mentally able to withstand the tsunami coming their way. More psychiatric clinics and pyschiatrists need to be roped in to help the people so that charitable organisations are not disadvantaged and donations do not stop coming to them.

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