Why can the public sector adopt private sector methods and save even more since the public sector doesn need to make a profit?
Many public sector agencies operate efficiently. But public sector efficiencies are generally “spent” in growth – growth in staff, growth in procurements, and growth in bureaucracy. Despite the best efforts of governments around the world to emulate private sector methods through hiring of former business executives, agency corporatization, etc., more than marginal savings frequently seem unobtainable or unsustainable. This is, in our opinion, due to the lack of a profit-based structure.
Related Questions
- Why can the public sector adopt private sector methods and save even more since the public sector doesn need to make a profit?
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