Essay on Federal Disaster Planning and Relief - 620 Words

This paper will discuss information on the federal disaster planning and relief program, and explain how the program raises issues of federalism, and the pros and cons from two perspectives. Disaster planning is the development and documenting of a plan that will allow an organization to recover from a catastrophic event. It should include procedures that are appropriate to the function and size of the business (Bucki, J.) As where disaster relief is the services or monies available to individuals, families, and communities who have suffered from some form of a catastrophic disaster such as: †¢ Floods †¢ Hurricanes †¢ Earthquakes †¢ Drought †¢ Tornadoes †¢ Riots (New World Encyclopedia) When these catastrophic disasters happen, an†¦show more content†¦ Tierney, K). List of Catastrophic Disasters †¢ Hurricane Katrina †¢ Hurricane Rita †¢ 9/11 †¢ California Wildfires †¢ Midwest Floods How Disaster Planning and Relief Raise Issues of Federalism The American form of Federalism has been argued as one of the main challenges to an effective response. For instance, conflicting goals may create tension between different levels of government agencies, local authorities may be reluctant to turn responsibilities over for dealing with the emergency to federal and state entities, and there may be various degrees and forms of collaboration (Schneck, D. 2009). Issues with federalism surfaced within several contexts in 2005, for instance, â€Å"The REAL ID Act, federal requirements associated with Temporary Aid to Needy Families reauthorization, the Terri Schiavo case, state and local government opposition to the No Child Left behind Act, and senate confirmation hearings for Chief Justice John Roberts and Justice Samuel Alito, and the delayed and poorly coordinated intergovernmental response to Hurricane Katrina and Rita also generated debate in Congress, and among academics an d the general public as to the appropriate federal, state, and local roles in responding to emergencies (Schneck, D. 2009).† There has also been occasions where issues of federalism have crossed paths in article form with emergency management andShow MoreRelatedThe Importance Of Planning For Disaster Response And How The Lack Of Planning1208 Words   |  5 Pageswas the importance of planning for disaster response and how the lack of planning can have a serious negative impact on the effectiveness of providing relief to those in need. All of the information is relevant to project management in that providing disaster relief is a project much like any other project. The main differences are that it is more complex, requires immediate action, and is less tolerant of mistakes (scope change). The author points out that â€Å"Effective planning helps any project, butRead MoreDisaster Management Organization1042 Words   |  4 PagesDisaster Management involves a continuous and integrated process of planning, organising, coordinating and implementing measures which are necessary or expedient for : †¢ â€Å"Prevention of danger or threat of any disaster†. †¢ â€Å"Mitigation or reduction of risk of any disaster or its severity or consequences†. †¢ â€Å"Capacity building including research and knowledge management†. †¢ â€Å"Preparedness to deal with any disaster†. †¢ â€Å"Prompt response to any threatening disaster situation or disaster†. †¢ â€Å"AssessingRead MoreFema s Mission Of Fema1234 Words   |  5 PagesIntroduction Throughout its history, FEMA has had two main missions. First, FEMA’s mission is to enhance the federal government s capacity to deal with and survive foreign attacks. The main types of foreign attacks that FEMA is tasked to respond to relate to terrorist attacks and nuclear war. The second mission of FEMA is to assist state and local authori ¬ties to respond to man-made and natural disasters that are to enormous for the local and state resources to respond to efficiently. While national securityRead MoreIndia National Committee on Disaster Management1244 Words   |  5 PagesIndia: National Committee on Disaster Management (NCDM) Since independence in 1947, India has developed a nationwide relief administration but with the primary responsibility placed on State Governments to play the lead role. It has raised a specific structure for disaster management in the recent years. The structure is as under:- Figure 3-6 NDMA - India (Source: NDMA, India) †¢ Mandate ïÆ' ¼ The Central Government plays a number of important roles in the primary relief functions relating to warningRead MoreThe Government s Support During Domestic Disasters897 Words   |  4 Pagesleadership The role of the FEMA is to coordinate federal government’s support during domestic disasters. There are some politicians such as former presidential candidate Mitt Romney who believe states and the private sector should actually have the sole responsibility of managing emergencies in response to to natural disasters in their jurisdiction (Duffy, 2012). But one has to question; do states have the resources to manage their own natural disasters? Hurricane Katrina shows us individual statesRead MoreThe Top Down Approach And The Bottom Up Approach1236 Words   |  5 Pagesguidance and assistance to their own citizens in the face of such a catastrophic event so the federal government stepped in as soon as possible and took control over virtually the entire effort as disaster relief was initiated, directed and implemented. Since the local government was ineffective they bypassed normal policies and procedures to create a top-down implementation pattern for emergency relief. Anothe r example was Puerto Rico in response to Hurricane Georges. Again, local and territorialRead MoreDisasters Caused Destruction On The Health Of The Public1290 Words   |  6 Pagescaused destruction, various injuries and death. Preparation for the disasters and effective response actions when the disaster occurs can help minimize the long-term effects of the disaster. Today, disasters are of even greater concern than in the past. The frequency of disaster events has increased, due to, in part increasing technology. Human communities are also much more condensed, increasing the potential for exposure to disasters. Furthermore, due to increasing population size and new technologiesRead MoreDisaster, Characteristics And Management Stages Essay1317 Words   |  6 PagesDisaster Characteristics and Management Stages The purpose of this paper is to examine a recent natural disaster. The number of natural disasters has risen dramatically in the past two decades. Natural disasters are increasing exponentially and creating expanding amounts of destruction each year. A recent natural disaster to examine is the flooding in Louisiana August 2016. This paper will discuss the type of disaster, characteristics of the disaster, and the application of disaster managementRead MorePlanning Organizing Leading and Controlling Essay1593 Words   |  7 Pagesmanagement functions: planning, organizing, leading, and controlling. All of these functions are what every good manager does whether he/she knows it. All of these functions have the same importance and work cohesively. The purpose of this paper is to discuss the importance of these four functions and how they can improve ones management skills and the role each function has in management. Planning is the beginning of any function, whether it is car design, catering, disaster relief, or starting a newRead MoreEmergency Planning For A Worst Case Scenario905 Words   |  4 Pagesback at the past eight weeks’, disasters have continued to occur across the United States. There have been riots in Baltimore Maryland, wildfires throughout the state of California and most of the Western United States, and more recently flooding in south-central New Orleans. As first responders, like the rest of the world, we wake up in the morning put both feet on the floor, go through some morning routine and most often fail to realize that today’s the day a disaster will occur. It may not be the

Should College Athletes Be Paid - 1827 Words

The topic of paying college athletes for their athletic performance has become a rising issue over the years. Currently, the National Collegiate Athletic Association (NCAA) does not allow college athletes to accept any money from sponsors or charge money for things such as autographs. College level athletes are also not allowed to receive payment for their participation under the NCAA rules. Therefore, it can be looked at as college athletes are working for virtually no reward. I find this to be a flaw in the NCAA system. I, myself, am a college athlete, and I understand what it is like to put in the hard work and time and get almost nothing in return. I believe that college athletes should receive some sort of payment for their hard work and dedication they put into their sports. I will be focusing this essay around the concept of why athletes deserve some form of payment. Although most athletes receive some sort of scholarship, it does not completely cover the cost of attending a u niversity. Athletes are also a good part of the reason college level sports bring in such high revenue totals. Lastly, college athletes dedicate an extensive amount of extra time to their college sport, missing out on some of the most important college services. Because of this, college athletes deserve some sort of payment for their time. First and foremost, college athletes should be paid because of the extensive amount of time they spend on their sport. Personally, while I was on the BethanyShow MoreRelatedShould College Athletes Be Paid?1578 Words   |  7 PagesAshay Mehta Nou Per 8 Should College Athletes Be Paid? One of the hottest debates in the sports industry is if college athletes should be paid. If you want to pay these athletes, how would the college determine the dollar amount that should be paid? Should the basketball team make more than the football team? Should the the soccer team be paid as well? Cheerleading? Chess team? Should everyone on the team get a salary? What if your college is good at football and your basketball team is awfulRead MoreShould College Athletes Be Paid?1398 Words   |  6 Pagesbelieve that college athletes at the highest performing schools are better treated than others. Although they do not get paid, they do receive some benefits for being athletes that other students would not get. One advantage for playing a sport is access to scholarships that some schools reserve for their athletes. Depending on the school and the athlete’s performance, money towards tuition is often given. Only some schools are willing to grant â€Å"full-ride† scholar ships for certain athletes. AccordingRead MoreShould College Athletes Be Paid?1289 Words   |  6 PagesThroughout the years college sports have been about the love of the game, filled with adrenaline moments. However, the following question still remains: Should college athletes get paid to play sports in college? Seemingly, this debate has been endless, yet the questions have gone unanswered. The National Collegiate Athletics Association (NCAA) plays a vital role in this debate. The NCAA is a billion dollar industry, but yet sees that the athlete should get paid for their hard work and dedicationRead MoreShould College Athletes Be Paid?1334 Words   |  6 Pagesrising to the surface is â€Å"Should college athletes be paid?†. This has become a burning question. The NCAA is a multibillion-dollar industry, that makes millions, if not billions, in revenue. Yet it’s still maintains the non-profit status meaning that the industry is not set on making a profit and none of the revenue that is made is distributed to its members, managers, or officers. While most players who play in college sports are under a scholarship, that pays for the college tuition, books, and housingRead MoreShould College Athletes Be Paid?1364 Words   |  6 PagesHave you paid attention to all of the news that has been surfacing about collegiate sports lately? It is a big topic now days in the world of sports on weather college athletes should be getting paid to play sports. College athletics have gained great popularity of the past few decades, and have brought schools lots of revenue. A lot of college athletes think they should be getting paid for their services they do for their school. College sports like basketball and football generate over six billionRead MoreShould College Athletes Be Paid?1130 Words   |  5 PagesWhat college athlete would not want to be paid to play the sport that he or she loves? The real question is, though, should college athletes be paid fo r their roles in a college’s athletics? They are many points to each side of this recent controversial topic, which is why this has been made into such a hot debate in the past couple of years. As of right now, these athletes are not getting paid, but many of them truly believe that they should. Others believe that they already are being paid throughRead MoreShould College Athletes Be Paid?986 Words   |  4 PagesPaying the College Athlete The college athlete has steadily grown in popularity in the United States over the span of the past decades. Monetarily speaking, this increased publicity has been extremely beneficial for National Athletic Association (NCAA) and all the colleges involved in athletics which has sparked the dispute of whether or not the athlete should be paid for their hard work and dedication on the field and to their school or if the athletic scholarship is more than enough. College athletesRead MoreShould College Athletes Be Paid?1239 Words   |  5 PagesLindsey Simmerman Speech 102 T/Th 1:00-2:15 October 25, 2016 Should college athletes be paid to play? Specific Purpose: To persuade the class to agree with my stance on paying college athletes to play sports Thesis: College football is the hours players spend practicing and performing, the number of injuries the players face, and the persona these athletes must portray every day all the while watching their schools, coaches, and the National Collegiate Athletic Association (NCAA) get all the compensationRead MoreCollege Athletes Should Be Paid1254 Words   |  6 PagesSome college athletic departments are as wealthy as professional sports teams. The NCAA has an average annual revenue of $10.6 billion dollars. College athletes should be paid because of the amount of revenue that they bring to their college. Each individual college should pay its athletes based on how much revenue they bring to the college in which they attend. The colleges that win their Division title, their Conference title, or the National championship, give bonuses to the Head coach of thatRead MoreCollege Athletes Should Not Be Paid1558 Words   |  7 Pagesstudent-athletes participate in a variety of different s ports, and currently they do not receive paychecks for their performances. College athletics have attained an extensive popularity increase among Americans over the past few decades. This has resulted into increased revenues for the National Collegiate Athletic Association [NCAA] and the participating colleges, which has fuelled the debate of whether or not college athletes should collect an income. College athletes should not be paid to play

Effective Communication And Good Leadership - 2262 Words

Effective communication is a critical skills that leader must possess in order to manage a project or programme successfully. The main focus of this text is to discuss why effective communication plays an important role for leadership and how leadership share its similarities and differences in project and programme team. Some examples will be given from the exercise to support the idea of how effective communication and good leadership can impact the work progress. Following there will be some recommendations of how the programme review meeting can be improved. 1.1 Reason for project/progrmme communication Communication is important because project management involves 70% to 80% communication and its value increases at programme level since there is often an increase in stakeholders, complexity, and delegation (Levin, 2012). This substantial amount of communication time would suggest that the importance of effective communication is needed in order to achieve objectives. Inefficient communication could result in time/cost overrun since information is not disseminate to the right person quickly or correctly and therefore is likely to create a knock on effect on time and cost. Effective communication can be also seen as a solution for some issues during management. Some typical issues would be lacking the understanding and awareness of other project’s problems and targets during a programme, and team members in a programme are fighting for same space and resourcesShow MoreRelatedEffective Communication And Good Leadership Skills1340 Words   |  6 Pagesway (Linjuan Rita Men, 2015). Managers or leaders for such task are responsible for successful communication and understanding of messages with each and every attendee involved. A person having good leadership skills but lack in skills of communication will never be preferred in any industry for conduction and delivering meetings and speeches or any other sort of public communication. Effective communication skills are necessary not only in business meetings but also in several other private and publicRead MoreCommunication Is A Part Of Everyday Life Essay1383 Words   |  6 Pages Communication and Leadership Melissa Stevens ORG 300-5 Applying Leadership Principles Dr. Barbara-Leigh Tonelli September 29, 2016 Communication is a part of everyday life. Not only is it present in our personal lives, but in the workplace as well. Communication is an essential skill that we cannot avoid, and should be perfected as a goal in improving your leadership efficiency. When in a leadership role, the leader must influence others effectively. Being anRead MoreLack Of Strong Communication Skills1533 Words   |  7 Pages Strong communication skills are necessary in order to coordinate daily operations which may require multiple people participating in the care of a patient. Evidence has shown that a lack of strong communication has led to negative patient outcomes and financial losses for the institution. Effective communication will help deliver the plan and staff members will know exactly what is expected off them versus trying to figure it out on their own. Good communication will also help to prevent errorsRead MoreLeadership Effectiveness Of A Team Based On Action Centred Leadership Model1616 Words   |  7 Pagesachieve leadership effectiveness in a team based on Action-Centred Leadership Model (Adair, 1973). The analysis will be illustrated according to his famous three circle diagram. Firstly, this essay will make an analysis based on integration of three elements (Task, Team Individual) by providing two examples (positive and negative) from Headly Park Training Weekend. 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In the health care setting nursing handover is challenge situation if not used an effective communication. The nursing handover and an individualized and systemic approach. This article studied how nursing handover affects others in their cares in negative or positive ways. This research studied how shift to shift nursing handover is designed

‘Organizational Culture Can Be One of the Most Important...

‘Organizational Culture can be one of the most important means of improving organizational performance.’ Debate and discuss. Every Organization has a culture that constitutes the expected, supported and accepted way of work and behaviour. These influence everyone s perception of the business from the chief executive to the lowest rank. Organisational culture can be described as the shared values, principles, traditions and ways of doing things that influence the way organizational members act. The definition of culture implies three things: first, culture is a perception. It cannot be physically touched or seen, but employees perceive it on the basis of what they experience within the organization. Second, Organisational culture is†¦show more content†¦In a strong organizational culture, the shared values and norms are clear, consistent and comprehensive. Values are intensely held and widely shared. Strong organisational cultures enhance individual performance by energizing employees with engaging ideals, providing identity and meaning, and shaping and coordinating employees’ behaviour. Strong cultures can also enhance corporate performance. There is a positive relationship between strength of corporate culture and companies’ long-term economic performance, but the relationship is modest, and some firms with weak cultures also have strong performance. When they are operating in relatively stable environments, firms with strong cultures exhibit superior and more reliable performance than firms with weak cultures. However, when the company’s environment becomes more volatile, this advantage is often lost. Performance of different types of organizational culture: The organisational culture and performance examines different types of cultures and compares how they perform in different circumstances. This approach looks for a cultural fit i.e. the extent to which an organisational culture suits the organisation’s circumstances, and predicts how well an organization will perform under those circumstances. If one thinks of an organisational culture as a way of controlling and governing an organization, three distinctShow MoreRelatedOrganizational Behavior Terminology and Concepts Essay4868 Words   |  20 PagesOrganizational Behavior Terminology and Concepts Organizational behavior In today’s challenges at work and an organization has become more than just a place where eight hours of a day is spent, but a place where behavior is a major contribution to the success behavior and what it means and the effects on the climate of an organization. of a company. In this paper we will discuss organizational â€Å"Organizational behavior is the study of human behavior in organizations. It is an academic disciplineRead MoreOrganizational Behaviour3984 Words   |  16 PagesOrganizational Behaviour Table of Contents: Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦3 Factors that determine successful performance †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦.4 Effect of Culture†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦4 Motivation†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..5 Teamwork†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦Ã¢â‚¬ ¦6 Capable Credible Leadership†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.8 Obstacles to effective organizational performance †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦....†¦Ã¢â‚¬ ¦..8 Conflict†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦8 Stress†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreHuman Resource Management8564 Words   |  35 Pagesanswer each question, 1 or max 1.5 pages for each question) 1. What do we mean by the terms ‘Best fit’ and ‘Best practice’ to describe SHRM (Strategic Human Resource Management). Which is better? Use any short case examples to illustrate your discussion? Answer: By Definition ‘Strategic Human resource management is an approach that refers how the aims of the organization will be acquired through people by means of human resource strategies and combined human resource practices and policiesRead MoreLeadership And Development Plan For The Top 30 Managers Across The Globe2472 Words   |  10 Pagesin competitive strategy (Becker and Huselid, 1998 citied in Mabey, 2013). It means that managers need to be developed to help achieve the goal of management in organisation. This proposal is required to develop a leadership and management development programme for the top 30 managers across the globe in Bayer HealthCare Ltd. Rosinski (2010) noted that the effective integration of the employee into the organisational culture is now a key requirement of employers both nationally and on the global stageRead Morechapter answers14408 Words   |  58 Pagesorganization improvements b. focusing narrowly on cost, quality, and schedule c. focusing on the transfer of knowledge and skills to help the system manage future change d. taking a broadly focused approach that can apply to any kind of change e. none of the above ANS: c 3. Which of the following is not one of the â€Å"stems† of OD? a. laboratory training b. environmental analysis c. action research/survey feedback d. participative management and quality of work life e. strategic change ANS: b 4. The firstRead MoreLeadership in Innovation4900 Words   |  20 Pages ability to learn and use technology is quickly becoming a skill required of all students to ensure their success in the workforce. Technology itself may not provide the solution; rather, the answer may lie in the organizational context in which the technology is deployed. Technology is the advancement and use of electronic devices and other high-tech equipment to produce and progress knowledge into the future. Advancements in technology have affectedRead MoreIn Search of Excellence - Past, Present and Future Su Mi Dahlgaard-Park Institute of Service Management Lund University9912 Words   |  40 PagesExcellence is discussed. 1 INTRODUCTION Today, many organizations are â€Å"searching† for Excellence but not many organizations have been able to achieve this goal, seemingly because management does not have a profound understanding what it really means to be excellent. Since 1982, where Peters and Waterman published their famous book In Search of Excellence - Lessons from America’s Best-Run Companies, there have been many suggestions for a definition of Excellence, and for the success criteriaRead MoreThe Perils And Pitfalls Of Leading Change Tma012865 Words   |  12 Pagesis linked with taking an organization into the future, finding opportunities that are coming at it faster and faster and successfully exploiting those opportunities. Leadership is about visualization, about people buying in, about empowerment and, most of all, about producing valuable change. Leadership is not about attributes, it’s about actions. And in an ever-faster-moving world, leadership is increasingly needed from more and more people. Clothes and Accessories a European company that launchedRead MoreOrganizational Behavior Issues9605 Words   |  39 PagesQuestions on Organizational Behavior Prepared by Dr. Stephen Hartman, School of Management, New York Institute of Technology. 1. How have American companies suffered in recent years? In an effort to reduce costs, restructuring and downsizing have affected almost every organization. However, recent research suggests that there are costs for these organizations in terms of their impaired ability to perform long term. Many companies have shown poor leadership when trying to capitalize on technologicalRead MoreTransferable Skills Development13058 Words   |  53 Pages †¢ Develop skills in managing oneself, other people, groups, and ultimately organizations. †¢ Develop rich set of softer interpersonal, influencing, team-building, conflict management, and communications skills. †¢ Understand organizational performance, and career success in modern, dynamic and complex organizations. Transferable Skills Development: Transferable Skills Development is more than getting work done through people. It is developing people through work. If you want to improve

Conceptualization of Contextual Factors For Business Management Contex

Question: Discuss about theConceptualization of Contextual Factors For Business Management Context. Answer: Introduction Over the years, business management process has emerged a major challenge for many organizations thriving in the current continuously changing environmental. As a consequence, much research has been done in this area and with regard to the majority of the researchers; businesses ought to be context-aware for them to fully comprehend the direction of the company in terms of performance. Due to the ever-changing business settings various factors, internal and external, domestic and international affect their performance since they directly influence the management process in the entire organization. A good example of such a company is Hewlett-Packard (HP), one of the leading informational technology multinational companies in the United States headquartered in Palo Alto, California. This corporation specializes mainly in the production of computers, printers, digital cameras, calculators, among other wide variety of hardware as well as software components. Organizational Structure of Hewlett-Packard The organizational structure of Hewlett-Packard is quite diverse and complex owing to its wide customer base and products dealt in. By activity, the organizational structure of Hewlett-Packard composes of various groups headed by exceptionally qualified personnel who control various operations taking place in different administration levels. These functional sets include the imaging and printing group, HP financial services scheme, enterprise and personal systems. These sub-organizations are chaired by executives ranked in a strategic manner to aid in executing chain of command where a manager at a lower level reports to another immediate administrator just above his or her rank in the management structure. Impact of Internal Environmental Forces on Hewlett-Packard Incorporation Just like any other organization operating in the contemporary business world encountering several environmental forces, Hewlett-Packard Company over the years has been impelled to analyze such influencers to ensure splendid management practices guaranteeing the corporation success in all aspects. There exist various significant issues that affect the decision-making processes in this international corporation. Such contextual aspects include past administrative experiences, cognitive partialities, and individual differences such as age and socioeconomic prominence. These factors although within the control of the company affect the decision-making process as well as the decisions made by the responsible personnel in Hewlett-Packard. Donelan, Walker and Salek (2015) in their work argue that previous experiences affect how people make future decisions. For instance, when the previous resolutions yield positive results managers in Hewlett-Packard may tend to decide in a similar manner, provided an identical situation. Besides, various cognitive partialities impact decision-making procedures. These types of preferences include hindsight prejudice, omission predisposition, and belief bias. In the process of decision making, cognitive partialities often influence managers by impelling them to over depend on previous knowledge while at the same time ignoring critical information or trends deemed uncertain. Moreover, various individual differences may impact on the decision-making procedure. Such dissimilarities may include socioeconomic positions, age, and intellectual aptitudes. For example, an old person chairing various departments in Hewlett-Packard may seem overconfident while formulating policies thus inhibiting their capability to employ relevant strategies. (Nooraie, 2008). Domestic and International Contextual Issues and their Effect on Hewlett-Packard Structure and Strategy Performance and strategies pursued by Hewlett-Packard change depending on the contextual factors when launching its products either locally or internationally. In this regard, it is, therefore, imperative for this organization to identify various domestic and international influencers which can contribute to its success or failure. Some of the national and global contextual issues which have the potential of impacting on Hewlett-Packard structure and strategy include competition, social-cultural differences, and political-legal factors among others like technological differences, and adverse economic fluctuations (Shah, 2012). Competition Currently, Hewlett-Packard has been subjected to various levels of competition originating from other businesses providing a similar or a close substitute of the products dealt in. This organization strives to acquire a substantial market share, splendid customer base, and the most outstanding corporate image. However, Hewlett-Packard cannot achieve such missions with ease due to the existence of stiff competitions which compel it to employ different competitive strategies to attain its set goals and objectives. Increased competition forces this company to aim at augmenting its responsiveness to competitive threats and in the process transform its organizational structures. An example of such a phenomenon took place when it reformed its organizational structure to attract and maintain an exceptionally qualified pool of employees who would have otherwise been absorbed by other firms in the informational technology industry (Fox, Trebilcock, 2013). Social-Cultural Differences Besides, social-cultural differences are well known for their impact on the Hewlett-Packard structure and strategies .Every nation in the world has its distinct cultural practices and understandings. Such diverse cultural dissimilarities often pose various risks to this multinational forcing it to take on strategies to manage them. In some circumstances, this corporation in an attempt to maintain its competitive advantage is obliged to alter its organizational structures to accommodate hazards resulting from sociocultural differences in a foreign country (Snir, 2014). Closely related to the major issue of cultural divergences is the challenge of the language barrier. This problem is often encountered by Hewlett-Packard during its dealings with foreigners who may have a deprived literacy skills and as such poor English speakers. Sales people, agencies among other company representatives may therefore face inconveniences communicating with such targeted customers. In such a case then t he firm is always be obliged to execute various strategies meant primarily to meet the needs of those people deemed to be only well conversant with their local language. Political and Legal Requirements Apart from competition and sociocultural factors Hewlett-Packard is also influenced by political and legal requirements. All companies functioning nationally are expected to conform to certain rules and regulations as set by the local central government. Examples of common governmental laws include taxation rates, operation hours among other internal federal expectations (Chang, 2015). Hewlett-Packard is henceforth required to implement various strategies to ensure conformity and act within the rule of the law. As such it may be compelled to modify its business configurations to ascertain conventionality and avoid excommunication by the countrys federal government. Different countries and regions usually have dissimilar political and legal practices critical for the feasibility of the organization. For instance, a governmental body may initiate rules and regulations to control the operations of a particular sector requiring the businesses in that industry to employ some strategies to make sure that they conform to the requirements (DE MEZA, 2009). Contemporary Issues Influencing Hewlett-Packard Organizations flourishing in the current multi-faceted environment are influenced by various factors which when not well controlled can hinder their success significantly. The commonest among those issues include risks, innovations, e-commerce, and knowledge management. Risk Management The engine driving any business like Hewlett-Packard to seek market success is risk taking. Perils are, however, seen only as threats, despite the fact that they can provide valuable opportunities and potentials for organizational feasibility as well as significant competitive advantage resulting in increased profitability both in the short term and in the long run (McLeay Riccaboni, 2001). In other words, perils and opportunities complement each other-they are like the two sides of a coin. However, risks in a firm if not well mitigated can result in losses. In order to manage several risks surrounding the operations in Hewlett-Packard, the responsible personnel have put in place stringent measures to abate their impact and severity. Technologically advanced tools of risks mitigation are employed in this multinational thus reducing their impact and severity the business is exposed to. Innovations Technological innovations in the contemporary business world have emerged as other trends influencing the performance of Hewlett-Packard. Over the years, advancement in technology has turned the world into a village like setting changing how this organization communicate internally and externally with its interested publics. Hewlett-Packard presently is shifting from the application of archaic and outdated methods of production to the use of current scientific approaches. Top and middle executives in this company are consistently making use of the new technology products and devices in their decision-making processes. Knowledge Management and E-commerce Moreover, Hewlett-Packard has had an obligation to handle confidential information and resources belonging to the company with efficiency (Rao, Krishna, 2003). Though not a new requirement, this company has had the responsibility to ensure that information and data deemed critical for the success of the company is keenly handled to curb it from falling into the wrong hands. In conjunction with the above factors is the introduction of electronic commerce. This refers to a broad range of business activities carried out online, and the parties involved transact electronically rather physical interactions. In this new and revolutionary business world where technology has become prevalent, Hewlett-Packard can formulate and implement decisions such as sales or marketing strategies without any physical contact with their customers (Vilcox, Mohan, 2007). The Impact of Regionalization and Globalization on Hewlett-Packard Contexts Regionalization and Globalization are two primary features developing in the contemporary world of operations. Nevertheless, the two phenomena are not completely new since their influence and intensity have in place since time immemorial though in different phases (In Capello, In Dentinho, 2012). The effects of these two features can be witnessed in the economic, sociocultural, and political compasses. Globalization, for instance, has played a critical role in the inter-national system by enabling Hewlett-Packard to transact with ease, propose and implement key business resolutions. Regionalization, on the other hand, has enhanced economic collaboration within regions as well promoting regional integration among the member states thus aiding substantially in the success of Hewlett-Packard Incorporation (Schelhase, 2008). Conclusion Summarily, it is significant for any organization whether national or a multinational to be context-aware and keep abreast with time to fully comprehend major trends in the environment which have prospective of affecting their performances. Companies thriving in the contemporary multi-faceted globalized world are faced with various internal and external forces which might substantially impact on the management as well as organizational structure if not well scrutinized. As depicted in this paper, despite the market position of such corporations like Hewlett-Packard, it is imperative for the managers to collaborate with other stakeholders to maintain and if possible improve on their current status quo, advance in productivity, widen their customer base, broaden their market coverage and develop in several other aspects. References Nooraie, M. (2008). Decision magnitude of impact and strategic decision?making process output. Management Decision, 46(4), pp.640-655. Donelan, R., Walker, S. and Salek, S. (2015). Factors influencing quality decision-making: regulatory and pharmaceutical industry perspectives. Pharmacoepidemiology and Drug Safety, 24(3), pp.319-328. Shah, F. (2012). A Critical Review of Multinational Companies, Their Structures and Strategies and Their Link with International Human Resource Management. IOSR Journal of Business and Management, 3(5), pp.28-37. Snir, G. (2014). International business negotiations: do cultural differences matter? The case of India and Israel: research report. International Journal of Indian Culture and Business Management, 8(3), p.361. De Meza, D. (2009). Multinational Corporations In Ldcs: A Comment. Oxford Bulletin of Economics and Statistics, 39(3), pp.237-241. Chang, C. (2015) Who are the winners and losers if GST is increased? Retrieved Decemeber 16, 2016, from https://www.news.com.au/finance/economy/australian-economy/who-are-the-winners-and-losers-if-gst-is-increased/news-story/051f1f26fc4dad0a7a5b5c241a79f7c4 Vilcox, M. W., Mohan, T. O. (2007). Contemporary issues in business ethics. New York: Nova Science Publishers.Top of Form McLeay, S., Riccaboni, A. (2001).Contemporary Issues in Accounting Regulation. Boston, MA: Springer US. In Capello, R., In Dentinho, T. P. (2012).Globalization Trends and Regional Development: Dynamics of FDI and Human Capital Flows. Schelhase, M. (2008). Globalization, regionalization and business: Conflict, convergence and influence. Basingstoke [England: Palgrave Macmillan. Fox, E. M., Trebilcock, M. J. (2013). The design of competition law institutions: Global norms, local choices. Oxford: Oxford University Press. Rao, V. S. P., Krishna, V. H. (2003). Strategic management: Text and cases. New Delhi, India: Excel Books.

Information that Long Term Solvency Ratios - myassignmenthelp.com

Question: Write about theInformation that Long Term Solvency Ratios. Answer: Information that long term solvency ratios provides about the firm Long term solvency ratios help in evaluating the capital structure of the company as it shows proportion of each capital that is used by the management to finance the required assets. The ratios calculated in the long term solvency analysis help to provide the information on company ability to pay the interest on the borrowed capital and how much part of capital is covered with the cash. The main ratios that are calculated in the long term solvency analysis are total debt ratio, debt equity ratio, equity multiplier, long term debt ratio, time interest earned and cash coverage ratio (Moles and Kidwekk, 2011). In this report long term solvency analysis will be performed on the Company Walt Disney and its financial performance is been compared with industry average in order to make recommendation to the management if the Walt Disney. In addition to this trend analysis will also be performed in order to know the impact of each ratio over the years. The below tables shows each of the ratios computed for long term analysis and trend analysis of each ratio: Long term Solvency Ratios Walt Disney Industry Average Formula % Increase or Decrease Years 2015 2016 2017 2015-2016 2016-2017 Total Debt ratio Total Debt /Total Assets 0.495 0.53 0.58 7.07% 9.43% 0.69 Debt Equity ratio Debt /Equity 0.98 1.13 1.32 15.31% 16.81% 2.64 Equity Multiplier Total Assets /Total Equity 1.98 2.13 2.32 7.58% 8.92% 3.64 Long Term Debt ratio Long term debts /Total Assets 0.22 0.28 0.31 27.27% 10.71% 0.56 Time Interest earned EBIT/Interest 49.7 40.12 27.4 -19.28% -31.70% 11.23 Cash Coverage ratio (Earnings Before Interest and Taxes + Non-Cash Expenses)Interest Expense 58.58 47.26 35.8 -19.32% -24.25% 13.94 Total Debt Ratio: The ratio helps in assessing the leverage position of a company by providing an estimate of the total debt in comparison to the total assets. As this ratio shows total amount of debt that company owns in relation to total assets so if it increase year by year that it means company has taken more bank loans that has increased the amount of total debt. As it can be clearly seen form the above table that total debt ratio has been increasing from year 2015 to 2016 by 7.07% and from year 2016 to 2017 by 9.43%. The greater proportion of debt as compared to total assets shows poor capital structure of the company. The industry average is no doubt more that the company total debt ratio but management must look after to reduce the debt proportion in future years (Brealey, Myers and Marcus, 2007). Debt-Equity Ratio: It is a financial ratio used for proving an estimate of the equity and debt used by a company for financing its assets. The main purpose of this ratio is to find out debt and equity capital proportion at the end of particular year. As debt reflects the leverage capital and bears the charge on company profits that it must be reduced as much as possible. It has been found that there has been more that 15% increase in debt equity ratio in year 2016 and 2017 as compared with their respective previous years. So both debt equity ratio and total debt clearly indicates that capital structure of Walt Disney is not sound and there need to take necessary steps by the management (Arnold, 2013). Equity Multiplier Ratio: This ratio indicates the amount of fixed assets that has been financed by the equity capital. If this ratio got increases on year to year basis that it reflects that there has been increase in equity capital for financing the assets of the company. Looking at the above table it can be find that equity multiplier has been increased in both 2016 and 2017 that shows minor increase in equity capital for financing the assets of the company. The equity multiplier of industry is 3.64 times which is almost one times more than the company equity multiplier in year 2017 that indicates poor utilization if equity for financing the assets of the company (Ross, Jaffe and Kakani, 2008). Long-term debt ratio: It provides a measure of the percentage of the assets of a company financed with loans or other long-term financial obligations. The above table clearly shows that Walt Disney has taken the bank loan or any long term debt in year 2016 that has raised the long term debt by 27.27% in year 2016. The industry average is just double the financial leverage ratio of Walt Disney that shows company has adequate capital structure but regular rise in debt without paying them is not for the company in future years. Time-Interest earned: It provides a measure of the ability of a company to meet its debt obligations. This ratio is constantly decreasing as seen from the above table that means the income or profits available to paid the interested fees on debt capital has been regularly decreasing due to increase in interest payment amount (Brigham and Michael, 2013). Cash-Coverage ratio: It is used for determining the amount of cash available within company to meet the interest expenses on its debt. It seems that cash availability to finance or to pay the interest fees has been constantly decreasing. It reflects that there can be shortage of cash in future years if company will raise its debt capital in rapid speed without paying them. The company ratio is greater than industry average that shows positive financial structure of the company (Bromwich and Bhimani, 2005). References Arnold, G.Corporate financial management. Pearson Higher Ed. 2013. Print. Brealey, R., Myers, S.C. and Marcus, A.J. FundamentalsofCorporate Finance. Mc Graw Hill, New York. 2007. Print. Brigham, F., and Michael C. Financial management: Theory practice. Cengage Learning. 2013. Print. Bromwich, M. and Bhimani, A. Management accounting: Pathways to progress. Cima publishing. 2005. Print. Moles, P. and Kidwekk, D. Corporate finance. John Wiley sons. 2011. Print. Ross, A., Jaffe, J. and Kakani, R.K. Corporate Finance. Pearson. 2008. Print.