New Public Management, Stakeholder Theory 1, Stakeholder Theory 2 Essay

New Public Management, Stakeholder Theory 1, Stakeholder Theory 2 - Essay Example This is being targeted by aiming to improve the overall performance functionality of the organization at hand. The main areas of target include eradicating the negative energies and low productivity of the organization, bringing about more advancements in terms of scientific and technological domain, creating an environment of global ambiance where decisions are taken in due consideration of outside elements involved, and finally the element of treating the citizens as customers where their demand and satisfaction is the top priority beyond anything else. Striving for improved output out of overall scenario is core function and objective of new public management scheme. Transparent operations, more participation, better results were few of the concepts and aims that were based on the idea of new public management. N.P.M’s origin can be traced back to days and decade after the Second World War. Economic prosperity and awareness towards people’s services in the developing parts of the world brought about this process and made it further speedy with the kind of opportunities and benefits it promised. Decentralization of the organization, clear roles definition, tasks accomplishment, stakeholders concerns addressing, reduction in overheads and costs of various form, better customers’ communication means, all these are the areas stressed and focused under the domain of new public management. N.P.M has largely been accepted because it gave a new dimension to the concept of people’s service and better outcomes in form of organizational operations with low inventory, low overheads and higher throughputs(HOOD 1991). N.P.M is often termed as a tool and weapon which will enable better outcome in any kind of organization with customers at back end., however the main focus is that of governmental institute with focus on reforming the pillar of bureaucracy in a holistic way by making it more effective and bringing the true value out of