Since private organizations do not have the pressure to meet public standards they are not under much scrutiny on a daily basis unless a huge issue has been uncovered, the press also has a much smaller impact on their image and so they are mostly left unexposed (Allison, p.47). The seventh point is one that can be often overlooked, formal constraints. Public sectors are “bound by a separate legal regime” and especially lately “because they have recently adopted some of the characteristics and culture of private sector firms” (Drysdale, p.9). It is not uncommon for public organizations to go through as much scrutiny from the government as they do with the media because their actions need to monitored closely. Private sectors however do not have
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The ninth point is the vast different in duration of service the staff in each sector gets. While the length of service for government managers is relatively short, the private sector trains candidates overtime and have a much longer duration than the public sector. The tenth and final point is the measure of performance. “There is little if any agreement on the standards and measurement of performance” for the public sector while private business have set strict guidelines and measures of performance for their staff thoroughly (Allison, …show more content…
Firstly, public health care costs less than private health care even though it does not have to be profitable. According to CUPE’s fact sheet on public health, “We (Canadian Healthcare system) spend roughly half of what the private US system spends per person, and we get better coverage and outcomes” as well as “administration costs 16.7 per cent in Canada (1.3 per cent for Medicare), compared to 31 per cent in the United States” (CUPE, 2013). The private health care system is the U.S is causing economic downfall even though as part of the private sector it should be making a profit, there is more money being spent which is not a successful business example as discussed in the table earlier. Also, despite the U.S spending the least amount of public money on health care (chart 1), it spends the most a percentage of GDP (chart 2) and per capita basis (chart 3), as revealed in the following charts (Stewart,
The ninth point is the vast different in duration of service the staff in each sector gets. While the length of service for government managers is relatively short, the private sector trains candidates overtime and have a much longer duration than the public sector. The tenth and final point is the measure of performance. “There is little if any agreement on the standards and measurement of performance” for the public sector while private business have set strict guidelines and measures of performance for their staff thoroughly (Allison, …show more content…
Firstly, public health care costs less than private health care even though it does not have to be profitable. According to CUPE’s fact sheet on public health, “We (Canadian Healthcare system) spend roughly half of what the private US system spends per person, and we get better coverage and outcomes” as well as “administration costs 16.7 per cent in Canada (1.3 per cent for Medicare), compared to 31 per cent in the United States” (CUPE, 2013). The private health care system is the U.S is causing economic downfall even though as part of the private sector it should be making a profit, there is more money being spent which is not a successful business example as discussed in the table earlier. Also, despite the U.S spending the least amount of public money on health care (chart 1), it spends the most a percentage of GDP (chart 2) and per capita basis (chart 3), as revealed in the following charts (Stewart,