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Third Sector Awards 2010

Moracle was proud to have sponsored Financial Management Award
at the Third Sector Excellence Awards.

The event took place on Thursday 23 September 2010 at Lancaster Hotel, in West London.

The Awards aim to reward examples of outstanding campaigns, strategies, projects and performance, backed up by hard evidence of success. Winners receive their awards at an immaculately produced and staged dinner and ceremony in London each year.

 

The following is from the Third Sector Excellence Award's winners book:

"This year's winner North Devon Hospice found efficiency savings worth 9 per cent of its total budget, which it invested in hiring eight new staff, mostly providing front-line services in its community nursing team.

The hospice found cost savings in a number of areas, such as passing the management of its trading subsidiary to the finance director and cutting down a series of management processes to a single one-hour meeting.

The charity also devolved more power to individual managers, giving them greater scope to cut costs. In particular, it introduced a series of 'easy accounts', which summarise performance against target and forecast income using weather pictograms (sunshine and clouds) to indicate the financial outlook.

"The introduction and implementation of relevant and tailored systems allowed individuals to be more productive and enabled finances to be managed more effectively," the charity said in its entry.

"As well as enhanced efficiency across processes and procedures, there was also a need to focus on a shift in organisational culture."

The charity said that this shift involved delegating more power to individuals, giving them more say to ensure efficiency and allowing them to develop ideas to improve services. By instituting monthly meetings between the finance team and budget holders, it has been able to ensure money is being spent as effectively as possible.

"The knock-on effect that this has had on planning ahead is that the whole organisation has a role in the strategic process, which has had a significant impact on organisational buy-in," the charity's entry said."

 

The following charities were shortlist in this award category: City YMCA, Extra Care for Elderly People and Independent Age.

 

 

The following are a sample of photos from the event: (Click on the thumbnail to enlarge the photo)



 
      Morlai Kargbo      


 

 

To view photos and details on the Third Sector Excellence Awards from other years click on the links below

 

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