Canadian Nuclear Safety Commission (Cnsc) Case Solution
Who Would You Consult
To know about finances and make a good decision, I will consult government financial advisories, tax collectors, and state revenue dealer, because they have valid information about the finances of the Canadian government. CNSC deals with nuclear activities public take a huge interest in it so would consult stakeholders including the employees and the general public to have good relation s with them.
Sources of Information Considered
Sources of information I consider are financial statements of financial management of the government of Canada. I also consider its CNSC financial statements which help me to know its finances and its financial position .i also consider such organization working under licensing t
Challenges Foresee
In Canada bringing change in government, organizations are not easy; it's a challenge for financial management to bring change in its policies and environment. AS CNSC is also a governmental organization if I try to bring change employees will resist this change and it will be challenging for me to handle this issue.
Need funds for Automation implementation would be difficult, the whole process will take a lot of time to bring change as it needs to take permissions from governmental officials. CNSC Canadian government has to take a long process to say yes to changes bringing in its organizations,
Recommendations
The process of bringing change in any governmental organization takes huge time, as you have to go through legal processes; taking permissions from government officials is one of those processes which take a lot of time. This process takes time to start working on it, start writes letters to concerned authorities regarding its benefits negotiate with them, and make them understand its benefits.
For employees resistance start to give them information related to automation once they get familiar with it they won't resist the change.
QUESTION 2
Rob Financial Situation
ROB financial situation as of 31, 2020
| Salary | Non Salary | Total | |
| Initial allocation | 112,000,000 | 8,000,000 | 12,000,000 |
| Transfer from corporate revenue | 2,000,000 | 2,000,000 | |
| Total available budget | 13,200,000 | 800,000 | 1,4000,000 |
| P12 Actual expense variance | 15,429,570 | 462,887 | 15,892 |
| (2229570) | 337113 | (1892457) |
If funding are not obtained the ending amount will be deficit of 1,892,457
ROB financial situation as of march 31, 2021
ROB situation as of march 31, 2021
| Salary | Non salary | Total | |
| Initial allocation | 11,200,000 | 800,000 | 12,000,000 |
| Transfer from corporate revenue | 2,000,000 | 0 | 2,000,000 |
| Total available budget | 13,200,000 | 800000 | 2,000,000 |
| P12 Actual expense (85%) | 13,115,135 | 406,546 | 491,411 |
| Variance | 84,856 | 406,546 | 491,411 |
If funding is obtained the ending balance would be 491,411 which is lower than the amount 1million investment, so, the funding should not be obtained
Recommendation
They should decrease their expenditures through automation.
Rob Financial Pressures
Automation will address the pressures of CNSC by decreasing expenditure deficit amount will decrease which further decrease the pressures of CNSC.
Steps of Analysis of Rob Pressure
I will see how much funds they have stopped, what are the major concerns of the authority of fund providers. I will consult with financial managers of CNSC,concerned authorities, financial accountant, and fund providing authorities and try to negotiate with them.
Key Stakeholders and Sources of Information
The key stock holders of CNSC is its finance management,government authorities and the public as it is related to nuclear energy that’s why everyone is concerned regarding its policies and budgeting.
Challenges or Risks Foresee
Toget funds for Automation implementation would be difficult, the whole process will take a lot of time to bring change, it will take time to get permissions from governmental officials. CNSC has to go through a long process in order to get approval from Canadian government............................
Canadian Nuclear Safety Commission (Cnsc) Case Solution
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