Sacred Groves and Stewardship - Free Essay Example

Sample details Pages: 5 Words: 1551 Downloads: 1 Date added: 2017/09/20 Category Religion Essay Type Argumentative essay Tags: Population Essay Did you like this example? India is a land of varied cultures, religions and people. Unity in diversity is the mantra of the land. Among all these diversifications is found an impressive population of tribal people. These tribal people are believed to be the true inhabitants of India. Almost all the states in India have significant presence of tribal people who constitute impressive portion of the population of the state. The tribal people in India have their own cultures and traditions which are in true agreement with the Indian civilizations and cultures. Population of the tribes in India The population of the tribal people in India crosses 20 million. Each tribe is distinguished from another. The tribal people in India are different not only in terms of physical appearance but also in terms of their cultural identity. The large variety of tribal clans is found in the North East regions of India. States like Assam, Tripura, Meghalaya, Manipur, Mizoram, Nagaland and Arunachal Pradesh have deep conc entration of tribal people. Tribal Cultures in North East Each of the tribes found in the North East regions of the country are marked for their unique and distinguished cultures. They have their own rituals, beliefs, festivals, dances, songs and ways of living. But one thing which is common in all the tribal people is that their cultures display a lot of power, joy, vibrancy and enthusiasm. Their festivals are specifically marked for their hospitality and a strong bond of love for each other. Tribal cultures in Orissa Orissa is one of the Indian states which have impressive number of tribal clans. The tribal culture in Orissa has adapted itself to many of the Hindu traditions prevalent in the region. The true colors of the tribal cultures in Orissa can be seen on occasions like birth, death, marriage and festivals. They make the occasion vibrant with their unique performance of dance and music. Introduction: India has traditionally been the home of different cultures and peop le. Unity in diversity is one of the most prominent features in the people of India. Among the diversified population a significant portion is comprised of the tribal people, the original inhabitants of the land. The tribal culture of India and their traditions and practices pervade almost all of the aspects of Indian culture and civilization. The different tribes in India: In India one can find almost a new dialect, culture, and different people after moving 50 kms in any direction. Likewise the tribal population is also very much varied and diversified. The present tribal population of India is approximately 20 million all together. The tribes each one of them is a distinctive community either migrated from another place or the original inhabitants of the land. These different tribes still inhibits the different parts especially the seven states of the North Eastern part, and almost each and every corner of the land. The distinctiveness of the tribes lies their rituals, culture s, beliefs and above all the harmony in which they survive in unison with nature. Their living perfectly depicts a well balanced give and take procedure that in no way disrupts the ecological balance. Tribal Cultures of India: One has to love tribal culture in India to understand the uniqueness of their culture. Warm hospitality, simple ways of living and sincere judgment of the opinions are some of the traits that mark the tribal cultures of India. Their custom depicts their belief in simplicity. Most of the tribes in India have their own gods and goddesses that reflects the dependence of Tribal people on nature. Except for the few most of the tribes in India is sociable, hospitable, and fun loving along with strong community bonds. Some of the tribes shares patriarchal cultural ties and some of the tribal societies are women oriented. They have their own festivals and celebrations. The tribal people are clinging to their identity despite of the external influences that threa tened the tribal culture especially after their post independence turbulent period. ****************************************************************************** India has habitually upheld its tradition and has sufficed as a home to umpteen cultures and people. `Unity in diversity` is one of the most spectacular features amongst the population of India. Among the diversified population, a significant portion comprises the tribal people, the aboriginal inhabitants of the primeval land. Tribal culture of India, their traditions and practices interpenetrate almost all the aspects of Indian culture and civilisation. The different tribes in India if ever counted can move up to a mind boggling number, with all their ethnicities and impressions. In India almost a new dialect can be witnessed each new day; culture and diversification amongst the tribals can also be admired from any land direction. The tribal population is also pretty much varied and diversified. Quite manifestly, In dian tribal culture should assimilate and mirror a definitive section of the society. The current tribal population of India is approximately 20 million altogether. Each of the tribes is a distinctive community, either migrated from a different place or the original denizens of the land. These various tribes still inhabit the different parts, especially the seven states of the North-eastern region and almost each and every nook of the country. The speciality of the Indian tribes lies in their customs, cultures, beliefs and, in particular, the harmony in which they survive in unanimity with nature. Tribal living perfectly portrays a well-balanced environment, a procedure that in no way upsets the ecological balance. In order to entirely comprehend tribal culture in India, to understand the uniqueness of their culture, a detailed study is very much required by travelling within the society. Affectionate hospitality, undemanding ways of living and earnest judgement of the opinions a re some of the characteristic traits that earmark tribal cultures of India. Their customs mirror their confidence in simplicity. Most of the tribes in India possess their own gods and goddesses, reflecting the dependence of tribal people on nature and animism. Except for the few, most of the tribes in India are affable, hospitable and fun-loving, coupled with potent community bonding. Some of the tribes share patriarchal cultural ties and some of the tribal societies are inclined towards women-oriented issues. They thus have their own festivals and celebrations. Indigenous Cultures The indigenous and ethnic people of the world have learnt to live in most hostile environmental condition in this universe. The most interesting feature associated with these indigenous and ethnic has been found that, they live in localities which are immensely rich in biodiversity. It is estimated that about 300 million indigenous people are living in world, out of which nearly half i. e. 150 milli on are living in Asia, about 30 million of which are living in Central and South America and a significant number of them are living in Australia, Europe, New Zealand, Africa, and Soviet Union. A list of some of these prominent ethnic and indigenous people is presented in table -1. These ethnic and indigenous people have played a vital role in conservation of environmental management and development process as they posse’s traditional knowledge which has been useful in Eco-restoration. It has been noticed that these people know how to live with harmony in nature. Indigenous Tribes in India In India, 68 million people belonging to 227 ethnic group and comprising of 573 tribal communities derived from six racial stocks namely Negroid, Proto- Australoid, Mongoloid, Mediterranean, West Breachy and Nordic exists in different part of the country (Pushpgandhan 1). These ethnic people mostly the indigenous tribals live close in the vicinity of forests and have managed and conserv ed the biodiversity of their localities since long time. These tribals take shelter from forest and utilize wild edible plants both raw and cooked. The flower and fruits are generally eaten raw where as tubers, leaves and seeds are cooked. Tribals utilize forest produce, forest timber and fuelwood. These tribals are living in forest since ages and have developed a kind of affinity with forests. India is a country with large ethnic society and has immense wealth due to which it is rich in biodiversity. There are 45,000 species of wild plant out of which 9,500 species are ethnobotanically important species. Of these 7,500 species are in medicinal use for indigenous health practices. About 3,900 plant species are used by tribals as food (out of which 145 species comprise of root and tubers, 521 species of leafy vegetables, 101 species of bulbs and flowers, 647 species of fruits), 525 species are used for fiber, 400 species are used as fodder, 300 species are used in preparation a nd extraction of chemicals which are used as naturally occurring insecticides and pesticides, 300 species are used for extraction of gum, resins, dyes and perfume. Indigenous Culture and Religions In addition to these a number of plants are used as timber, building material and about 700 species are culturally important from moral, cultural, religious, aesthetic and social point of view of. Indian sub-contient is one of the twelve mega-centres of biodiversity representing two of the eighteen hotspots of biological diversity one occurring in Western Ghat and another in North- Eastern Himalaya (Zeven and Zhikovsky 3). Floristically 141 endemic genera belonging to over 47 families of higher plant occur in India In India 11. 95% of the world’s biodiversity has been conserved by ethnic people in many ways(Arora,4). Botanical survey of India has reported 46,214 plant species are found in India of global flora of these 17,500 represents flowering plants. Thirty seven of these are endemic and found in North -East of India. Don’t waste time! Our writers will create an original "Sacred Groves and Stewardship" essay for you Create order

Holding Parents Responsible for the Anti-Social and...

Holding Parents Responsible for the Anti-Social and Criminal Behaviour of their Children The case for holding parents responsible for the anti-social and criminal behaviour of their children has been long disputed. This essay will assess whether parents should in fact be held responsible or whether the child should be punished for their behaviour. Many areas will be discussed, the first of which will be the historical context of criminalizing motherhood. The first issue in this section is whether family factors, such as poor parental supervision, are an influence on behaviour as investigated by researchers such as the Committee for Investigating the Causes of the Alarming Increase of Juvenile†¦show more content†¦The final theory to be discussed will be ‘control theory’ first thought of by Hirschi et al in 1969. They sought to explain delinquency by the â€Å"failure of social bonding processes† (Maguire et al, 2002: 521). The argument for and against parent orders will be examined as single mothers and mothers in general are being drawn into the criminal justice system and whether they are truly to blame needs to be looked at. In 1816, the Committee for Investigating the Causes of the Alarming Increase of Juvenile Delinquency in the Metropolis stated that inadequate family discourse was to blame for delinquency, it was in their report that the term ‘juvenile delinquency’ was first used . This included the neglect of parental authority, permitting absence form school and disproportionate severity in punishment (University of California, 2004). I think that this is still the case today as if children are absent from school, they get bored and turn to criminal conduct to keep themselves occupied. 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Nursery schools are predominantly attached to a Surestart centre, which work with children and parents providing education for both, full day care provision, parenting advice, and health and family support, or to a primary school. Where as pre schools and playgroups are normally privately owned and operated, offering childcare, play and education activities. Since 2004 all children in the UK aged 3 and 4 years old haveRead MoreCRM 1301 Midterm uOttawa Carolyn Gordon Essay10218 Words   |  41 Pagesbattlefield between supernatural forces of good and bad Deviance = sin Cause and cure of deviant behaviour in the realm of the supernatural Deviance has cosmic consequences 1. Harmful to victims 2. God 3. The entire cosmos Two paths to Demonic Deviance Temptation Model: Individuals are tempted and persuaded by the devil Path of position (possession): Individuals lacks choice, not responsible for actions. 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A Whole New Mind Free Essays

Pink has presented sharp scientific evidence in his book A Whole New Mind that comes as common knowledge to the majority of us in our society. He also stressed the several capabilities of right-brain thinking such as creativity, artistry, empathy, inventiveness, and overall big picture viewpoints. I noticed that Pink failed to mention any historical aspects before the 1900’s. We will write a custom essay sample on A Whole New Mind or any similar topic only for you Order Now For example; during the European Renaissance numerous right-brain thinking characters sprouted with many ideas for the world. These characters include painters, sculptors, inventors, musicians, and writers all across Europe. We all know, however, that the European Renaissance came and went. What will this new Conceptual Age produce differently than the faded right-dominance of the European Renaissance years? Looking back in time between the years of 1400-1550 the geniuses of this world contributed to the life we live in now. I only say this because if they weren’t important to our society today than we wouldn’t have had to learn about them during our high school years or even our college years. A brilliant inventor, painter, musician, and mathemation Leonardo da Vinci is one man who seems to have a great grasp of life in all his talents. He along with many other philosophers of that era seemed to fit the description of what I feel Pink suggests we should obtain throughout our lives to be successful and to lead our life in a way to help not only our generation but for the generations after ours as well. As we have studied in countless texts in high school about the several factors for the downfall of the European Renaissance and the complications after that time we should feel troubled to once again attempt to shift our minds. Right-brain thinking is an aged solution. Pink’s proposal is one we have already gone through but is introduced in a business-like manner unlike the European Renaissance. How are we supposed to know that the Conceptual Age will not increase the desire to create machines that will replace the art industry, so that beauty can be drawn in an instant? I think that Pink’s transition solution from the Information Age to the Conceptual Age should be revised to explain more of what he has missed in his book that had me puzzled. How to cite A Whole New Mind, Essay examples

Human Resource Management for Blame Games- myassignmenthelp.com

Question: Discuss about theHuman Resource Management for Blame Games. Answer: The three ineffective HR practices that Beachside Hotel uses are as follows- Not providing the employees with appropriate trainings No written policies are there which can guide the employees performance There is lack of communications among the departments and thus, the employees are mainly involved in blame games. Therefore, lack of training of the employees can make them unhappy, as they will not be able to understand their job that can guide them to repetitive errors and injuries as well. It can further affect the productivity of the hotel, create an unsafe work environment, enlarge expenses and lastly, lose customers. However, without written policies the employees will not get a clear understanding that what their roles are in this organization, which behavior is acceptable within the organization, what can be the punishment for breaching o rules. Lastly, communication among all the departments is very important for a successful business because it builds trust within the company; if the communication within the departments is not proper then the customers are the one who suffers the most. Moreover, it is the lack of communication that gave rise to conflicts among the employees of Beachside hotel for which they were found blaming each other (McDermott et al., 2013). The practices at the beachside hotel that could have caused a staff member to lodge a complaint against the hotel or the staff are- Pay cheques coming late to the employees Promoting Mary who was not at all fir for a promotion Apart from job satisfaction or any specific purpose that can guide the employees motivations, salary also plays an essential role, which motivates any employee to perform. Thus, in a way the performance gets hamper because they employees are demotivated and unsatisfied with their job conditions (Al-Zoubi, 2012). However, another reason can be the wrongful promotion of Mary who was very much undesirable. This type of an act in the hotel can highly make the other more deserving candidates feel doubtful again the administration of the hotel. Brian in according to solve the grievances must at first set up a system where the employees can come and give feedbacks then he needs to categories them then lastly, acknowledge the complaints and reviewing the result. Therefore, Brian needs to be fast in fixing the main cause of the problem and then communicating appropriately those decisions to the anxious parties. Moreover, what he can do is to have a post implementation feedback that will be ve ry useful for future references in making the policies. The steps in recruitment and selection procedures that could be implemented in the beachside hotel so that the staff retention rates are increased at the hotel are as follow- Hiring known people- those candidates must be hired who will have the same sensibility like the organization. Proper training- Employees those who are recruited must be given appropriate training so that they can learn new skills, make greater contributions to the company, have a high self-esteem and make them feel that they are valued by the company Interviewing- this can very clearly state that the candidate is at all eligible to work for the company. This can however, let the interviewer know well about the relevant information that is needed for retention. Recruiting the passionate candidates- the company always must try to recruit those candidates who have the passion and interest to work with this company. People who are already interested to work with this organization will stay for long, because they have always longed to work in this organization (Armstrong Taylor, 2014). The owner promoted Mary who was unable to serve the guests in the front desk after she had many altercations with their customers in the front desk. According to the owner he took this very step so as to stop this misbehavior of Mary with any of the future guests and thus, she became the Human resource practitioner. Therefore, the processes used by beachside hotel have both advantages and disadvantages. The advantage is that they have successfully enhanced Marys self-confidence because of this promotion and has saved companys money on the hiring and compensation costs. Now the disadvantages are much more than what the advantages are. To be a HR practitioner the basic qualities that are needed are almost absent in her like problem solving, customer service or understanding the perspective of the client. These features are very much essential for a HR practitioner (Bratton Gold, 2012). However, for Mary these are somewhat missing or else she would not have ended up quarreling with the valuable customers. Moreover, she is also unable to perform her current role, which is another disadvantage. HR practitioners have to take up many charges at a time but Mary is concentrating too much on hiring processes and neglecting other crucial aspect of her new role like training the employees, providing them written policies, communicating with all the departments and keeping everyone updated and lastly, making a team work for companys goal and reduction of conflicts. Thus, lack of managing her role is another disadvantage that occurred because of the failed proc ess used by the beachside hotel. The Human resource initiatives that Sunrise Hotel can incorporate so that it can help their overall performance of the organization are as follows- Self-learning hours every week-, this will help the organization to conserve the dynamism and the craving for growth of the new recruited candidates so that it can translate substantial efficiency in their job. This can be done accurately when they are allowed to learn and gain knowledge main new things in which they always had interests but were unable to do due to lack of time as well as opportunity. This will not only make the employees feel satisfied but also making them face challenges. Regular icebreaker meetings- this will help motivating the employees to interact among the various teams and among the colleagues expressing their concerns as well as issues in an informal manner. References Al-Zoubi, M. T. (2012). The shape of the relationship between salary and job satisfaction: A field study. Far East Journal of Psychology and Business, 7(1), 1-12. Armstrong, M., Taylor, S. (2014). Armstrong's handbook of human resource management practice. Kogan Page Publishers. Beardwell, J., Thompson, A. (2014). Human resource management: a contemporary approach. Pearson Education. Bratton, J., Gold, J. (2012). Human resource management: theory and practice. Palgrave Macmillan. Jiang, K., Lepak, D. P., Hu, J., Baer, J. C. (2012). How does human resource management influence organizational outcomes? A meta-analytic investigation of mediating mechanisms. Academy of management Journal, 55(6), 1264-1294. McDermott, A. M., Conway, E., Rousseau, D. M., Flood, P. C. (2013). Promoting effective psychological contracts through leadership: The missing link between HR strategy and performance. Human Resource Management, 52(2), 289-310.

The Importance of Education to My Life Essay Example For Students

The Importance of Education to My Life Essay According to the dictionary an education is â€Å"the act or process of imparting or acquiring general knowledge, developing the powers of reasoning and judgment, and generally of preparing oneself or others intellectually for mature life.† This essay will inform the audience of my opinion on what the value of an education means to me. I will expand on the value of an education not just by what’s attained by â€Å"formal education† but also by an â€Å"informal education† as well. I will also explain how much we gain just by going through life, which in itself is an education. Based on the definition of education it’s very important that I attain the best possible method of education whether it’s formal or informal. We will write a custom essay on The Importance of Education to My Life specifically for you for only $16.38 $13.9/page Order now â€Å"During their lives most young people and adults acquire a remarkable range of skills and knowledge† (Ireson, 2008, p.30). It’s also important that I’m able to continue my education, because it’s by far the greatest investment of time and finances as well the most rewarding privileges I can provide myself to be better prepared for today’s society. I live in a society where it’s very important and often required that one attains an education whether it’s high school or college. Although a post secondary education is much more acceptable by today’s society. This is why I decided to focus on furthering my education and taking full advantage of the opportunity to earn a degree and develop my professional interest in the field of business. It’s believed by many that a formal education obtained from a high school might just not be enough for the advancement in technology and business in today’s society. This is why it’s important to continue to pursue a post secondary education. â€Å"That which education is to the individual, revelation is. . Search Premier Database. Smith, M. K. (1997). Introducing Informal Education. (Updated 2009). Retrieved October 3rd, 2009, from http://www.infed. org/i-intro.html Taffinder, P. (2006). The Leadership Crash Course: How to Create Personal Leadership Value. London, Philadelphia, PA Kogan Page. Retrieved October 3rd, 2009, from EBSOhost Academic Search Premier Database. Value Character Education Implementation Guide. (1997). Retrieved October 3rd, 2009, from http://chiron.valdosta.edu/whuitt/col/affsys/valuesga.html Williams-Boyd, P. (2002) Educational Leadership: A reference Handbook. Contemporary Education Issues. Santa Barbara, Calif. ABC-CLIO. Retrieved October 3rd, 2009, from EBSOhost Academic Search Premier Database.

Summary Azadi Essays

Summary Azadi Essays Summary Azadi Essay Summary Azadi Essay In order to reinforce the corporate governance system in Unites States, Academy Committee reviewed the financial. The idea was to inculcate openness in the system. Amongst other things, Directors remuneration was to be decided on by a group of non-executives. It recommended disclosing and bifurcating elements of the salary along with an explanation as to how is it determined. Information about stock options, stock appreciation rights, and pension contributions should also be given. Moreover, they also suggested that future service contracts should not exceed three years without prior approval of shareholders. In June 1995, the Employment Committee of the House of Commons reported on the remuneration of directors and chief executives of privatized utilities. John Monks, Secretary General of the UTC conducted the UTC Survey in 1 995 which shows that the wage gap between executives and their respective workforces is growing at a faster pace in private companies than utilities. Though this gap widened in recession, the directors of private companies have always accorded themselves high pay increments. Established in 1995, the Greenberg Committee is of the view that statuary controls are of minimal significance and progress lies in self exultation, which allows controlling and enhancing performance. Some of the basic clauses are 1 ) effective delegation of responsibility for determination of directors remuneration which would not only represent shareholders interest and guard company s finances 2) This group of people needs to *J. I. B. L. 475 submit a report to the shareholders explaining the companys approach along with all the relevant disclosures. This task shall be allocated to the Non-executives Committee. Current Regulation Of Executive pay in united Kingdom Determination of executive remuneration is a controversial affair. Common law fails to provide enough guidelines as there is a general reluctance by the court in estimating salary market value. Also, it is considered a companys private matter. Conventionally, the companys constitution has it that the board would decide on the salary and the directors wont have a say in it. This triggers mutual back scratching as both the parties dont scrutinize the process for implied benefits. Directors can even determine their own pay but it involves statutory provisions for disclosure. Provisions in Companies Act 2006 supports the idea of accountability. As per s. 28, directors remuneration must be disclosed whereas the service contacts should be available for inspection by the *J. B. L. 445 shareholders. Moreover, approval at general meeting is required to award contracts of over 5 years. S. 420 makes it mandatory to prepare remuneration report as a part of annual report, non performance of which is an offence. 0 must include details on the package and board. A resolution is required to approve the report as a whole by casting of votes. Hanging writes that this has stimulated shareholders into positively assessing directors remuneration packages ether than passively agreeing to them as a fiat accomplice, as used to be the case in the past. Role of self-regulation in controlling excessive remuneration Transformation of remuneration culture is a time consuming process but some improvements have taken place. Companies Act of 2006 has been revised by extension of principle of disclosure and transparency. Self- regulating codes of best practice have also instituted interesting changes. For instance, the Principle Del . Of UK Corporate Governance code requires performance related elements of remuneration to be linked with companys Eng term success. FSP has considered compensation structures and fixed and variable components are to be decided at company level. A shift towards fixed components of remuneration should be discouraged as explained by the COED report. Remuneration policies are subject to shareholder approval at annual meetings. 88 Thus shareholders need to be in a better position to have a say in pay determination. Say on pay policy, introduced in UK is seen to build on this idea as it re requires publicly listed companies to submit an executive remuneration report to a non-binding shareholder vote at the annual general meeting. 89 For effective implementation of this scheme, a high level of transparency is a must. Its effectiveness can be adhered from the fact that financial crisis occurred after its introduction. Allowing directors to determine their pay causes overstatement. 95 Hence companies should clearly identify and allocate the tasks. Principle D. 2. 1 of UK Corporate Governance Code requires establishment of a board comprising of at least 3 non executive directors. In contrast with existing non executive directors are not appointees of inside management and hence might do a better job of retesting companys interests. 97 Also, they will be in a better position to negotiate. 98 The role of independent directors is crucial in removing the bias of management. The pay packages that are now criticized were once approved by remuneration committee, as identified by Skye. Australia Australia, a country renowned for up gradation of laws to prevent directors from having any unfair advantage. Some recent amendments have both raised and resolved few queries in the insolvency law. A commendable development is Corporations Amendment (Repayment of Directors Bonuses) Act 2003 which has resulted in new operative section FASTS of Corporations Act 2001. The fall of One. Tell, a large mobile phone company, triggered the enactment of this act. Before the organizations demise, the directors had approved massive bonuses to two of its managing directors. The government reacted by allowing recovery of payments after a company becomes insolvent. Section FASTS permits the liquidator to redeem benefit of any unreasonable director-related transaction, but there is no exhaustive definition of what such a transaction is. A case by case analysis is required.

The analysis of EC Proposals and the Statutory Audit Essay

The analysis of EC Proposals and the Statutory Audit - Essay Example Blame was levied at rating agencies, directors of companies in the financial system and their regulatory agencies, as well as accounting and auditing professionals. This led to a number of regulatory responses that were aimed at strengthening controls over the operations of financial institutions and enhancing financial reporting. These responses have not only been limited to governments in the countries affected but to various bodies including standard setters for the accounting and auditing profession. Te European Commission (EC) which gives directives to 27 countries, made two proposals that could result in major changes in the auditing statutory audits and the audit of PIEs. They are aimed at the professionals whose opinion adds credibility to financial statements as well as supervisors of PIEs. Additionally, there was the Basle lll Accord which amended the capital requirements for financial institutions. Since then auditors have been required to provide more comfort to investors by carrying out additional procedures that would enhance financial reporting. Audit committees have also been challenged to provide the necessary support to ensure compliance. This paper provides information on the background to the financial crisis and the audited accounts of financial institutions. ... 2.0 Background to the financial crisis Several factors worked together to generate the crisis in the financial markets across the world since 2007. Jickling (2010) points out that there were multiple causes to the crisis as reflected in the policy responses taken in the US. One of these was the existing and anticipated credit losses on mortgages in the United States (Ellis 2010). These mortgages were made available to persons who would not have been able to obtain them under normal circumstances. The lowering of standards allowed them to obtain mortgages at relatively low rates so that they could own their own homes. However, one drawback was that the rates were adjustable. Therefore, persons who might have been able to repay in the initial stages soon found out that they could no longer service their mortgages. This coupled with the oversupply of houses on the market resulted in a reduction in their house values and therefore the values of the security for mortgage loans. In some ca ses the value of the houses was worth less than the loan balance and so homeowners ended up with negative equity. Therefore, there were no tangible benefits to be gained from holding on to properties that were not worth the amounts owed. A large number of homeowners defaulted on their mortgages and so it had a ripple effect which impacted the global financial system. Murphy (2008) referred to this as imprudent mortgage lending which caused a terrible shock to the financial system. Murphy (2008) also indicated that although imprudent lending paid a role, its role was not very significant. Another factor blamed for the crisis was global imbalances. Smaghi (2008) indicates that this is characterised by some countries like China and Germany having large surpluses

Critically consider the role and value of organisational performance Essay

Critically consider the role and value of organisational performance assessment - Essay Example On the other hand, Robert Anthony also stated that the success of a lot of companies may be attributed not only to â€Å"good strategies† but also to these companies’ â€Å"designed systems and processes that energize their employees to execute those strategies effectively†. Thus, to be a successful organisation, it is not only necessary to have well-thought out goals, plans, targets and strategies but there should be a well-executed system that will enable the organisation to achieve these goals and targets. In turn, an organisation knows when its systems and processes are being executed effectively and efficiently if it has a well-placed performance assessment system to evaluate the performance of the organization after these systems and processes are implemented. There are various ways to assess an organisation’s performance. According to Carter McNamara, â€Å"assessments might be planned, systematic and explicit †¦ or unplanned and implicit. Well-done assessments typically use tools, such as comprehensive questionnaires, SWOT analyses, diagnostic models †¦, etc., along with comparison of results to various "best practices" or industry standards†. The assessments may also cover financial or non-financial control systems. Tools used may also vary, depending on the objectives of the organization in conducting the assessment. These tools may include one or more of the following: the balanced scorecard, benchmarking, business process reengineering, management by objectives, program evaluation and total quality management. Alternatively, the organization may have its own in-house developed performance assessment system. It aids in the decision-making process regarding some (not all) aspects of the organisation such as the effectiveness of specific strategies, whether to merge with another organisation, whether to expand to a new market, to a new product line or to an entirely new business. It addresses

Finance Essay Example | Topics and Well Written Essays - 1250 words - 9

Finance - Essay Example Unlike security bonds that have fixed flow of cash, stock is an equity security that guarantees individual shareholders a proportionate ownership in a business. Some of the corporate values that shareholder gets including right to vote and periodic payments from the investment returns called dividends (Ferraro 2009, pg. 10). Like financial assets, the value of the invested stock will be the discounted value of prospective cash flow in the future. Stock fundamental value is reflective of any dividends and the sale price of the stock in the future (Arnold 2007 p.225). One of the cornerstone elements of stock valuation is the Price-to-Earn-Ratio (P/E) it links stock prices changes to the valuation of stock. In the financial market, P/E dictates the prices of stock and the subsequent effect on overall organization stock value. Besides, this ratio shows how long wills a particular stock take to pay back the investor capital if there is stagnation of the business. For instance, a stock trading at $20 with a return of $2 per individual share has a P/E of 10. Essentially, this means that an investor will get the capital invested back (Arnold 2007, p.225). Arnold (2007 p.225) notes that the stock pricing is a cornerstone in valuation of stock. Entrepreneurs values the stock in terms of their ability to return the money invested. Besides, an important financial ratio is Dividend Yield (DY), this identifies return from the investment. The higher the DY, the higher the value of the stock in the market. The critical determinants of DY are purchasing prices and selling prices of a particular stock. Inconsistent and lower dividends reflect low valued stock and thus, poor stock prices in the stock markets. Valuing a stock uses numerous market indexes such as Nasdaq and OTC methods. In each of them, the fundamental value of stock rests on the existing market prices and future prospects.

Leadership: A Personal Opinion

Leadership: A Personal Opinion Leadership is everywhere if we see minutely in our society. In my point of view, leadership is about personality and genuineness. It is about winning possession for changing something and improving it than you found it. And when that change functions with responsibility, it gains admiration. Leadership is practised daily in learning institutions, homes and offices. A leader is a person who helps without being asked. I have exposed leadership by helping my brother in his studies or playing with him. Good leadership actions are defined as working with patient within groups, creating roles, replying to feedback in an suitable manner, and discussing with others. During group work, students gain knowledge of personal and social responsibility, feelings of different cultures and personalities, and get an idea of how the character of leadership can influence group efforts. One day I was sitting in my home and thinking about the examples of good leaders, I saw my mom busy in homely activities, I observed her minutely and found her a great leader. I thought that my mom never loses sight of her vision she has for her children-giving a healthy and protected atmosphere where her children can nurture and prosper. Moms can be found busy in diverse household responsibilities, searching down craft supplies for a plan their children only memorized today was required tomorrow, and at the same time as examining this adjacent to managing the demands of structuring their professional life. And yet, in spite of all these different demands for their attention, moms do not forget about their vision. Similarly, in the world of business, there are numerous demands made for the consideration of leaders. Like our mothers have exposed us, however, this shouldn’t take our concentration away from what’s significant or required for the business to expand and flourish. A good leader always shows patience in the making for the desired conclusion. There’s one thing which we all identify about our mothers is that they can show a lot of tolerance with good reason. Upbringing of a child is barely a textbook affair the same as there’s always somewhat unpredicted that will come down and damage the best-laid plans. Occasionally this is a consequence of a child not performing what they’re told; sometimes it can be a child getting sick on the day you have a tight schedule at work. Whatsoever the case, mothers have learned to tackle with these kind of situations as they know that their hard work will recompense in the long run. Similarly the businesses repeatedly concentrating on making and gathering periodical forecasts, it’s effortless to demonstrate less patience or interest in hard work that require more long-term philosophy and management. However, as mothers represent so well through their activities, the best stuffs do come to those who are patient. A good leader motivates their team to be self-reliant. Mothers are also very expert in motivating their children to turn out to be more self-reliant as they grow up. One require to observe at of how mothers work from looking after of their children’s laundry to asking them to tidying their rooms to be pleased about the willingness mothers have to see their children grip the responsibilities they used to do for their kids as they grown-up from small children into young adults. Motherliness is not something one imagines about as being a valuable role to increase some insights into how to guide others agreed that the relation between a mother and her child is totally dissimilar from that among an employer and their employees. And yet, if we seem at this from the standpoint of the life course we find out as children from our moms, we can observe some useful things that can assist us better value of how to move towards the role of leadership in our organizations. Emotional Intelligence is such an important aspect. In our case Emotional Intelligence comes and play a role in our professional life. Where a team leader in a specific project or organization is expected of being productive no matter what he might face difficulties leading his team to success. I think this perception is significant because it describes one of the principal human interactions we experience in our daily life. Regardless of whom you are or what you do, sometime you will have to cooperate with people surrounding you. People have to request for help, work as a team, and guide other people. These responsibilities cant be done without having a knowledge of human emotions. I have to deal with this conception on a daily basis when I interrelate with friends, family, and colleagues. I believe the best way for me to communicate to this concept is contrasting how I connected to people when I was in basic school to today. When I was a kid I found it very tough to talk with older people because I didn’t know how to deal with them. But at present I can talk to anyone I want to and find out what tone I need to have to get their value. Moral Intelligence is such an important aspect to enhancing business/organization performance and leadership success which should be considered from a leader point of view as a critical aspect. At first Emotional intelligence, then Moral Intelligence we studied. According to Lennick and Kiel, both management consultants, define moral intelligence as the ability to differentiate right from wrong as defined by universal principles†. My friend told me about his boss, he said his boss wants to create a gullible workplace; he can get better moral intelligence by mentoring workforce to track his example of human principles. He tells workers to stop making justifications for ignoring deadlines, coming not on time or other activities influencing badly the workplace. He asks that worker should take care of each other with kindness and admiration. He reminds workers that everybody commit mistakes and to be broad-minded of each others deficiency. Flourishing teamwork is made on a basis of trust. Each associate of the team must set up trust; grow trust through his performance and verbal skill, and work to keep it. Each associate also wants to be able to belief his team members to create a promise to the team and its objectives, work expertly with those aims in mind, and talk constantly about any issues that influence the team. A combined and gullible team atmosphere permits team members to share private information and build up a stronger bond with their team members. My football team relied on the teamwork. As we play a match against another team, that opponent team made a goal. Adam started blaming and Cole blamed Adam and as a result we lost the match. We decided to play a match against this team after one month and I explained to both the players that if they cooperate with each other we will be able to win the game. They understood what I said and when the match was played they worked together and made us victorious. In my point of view, ethics has to play a main role in the personality of a leader. One of the arguments to show that situational leadership is not manipulating is to agree to the main goal of the organization. I think a professional team member should understand that being led is not being manipulated as long as it serve the company to be more successful. In other words, If we are in an organization, a professional should not think at any time that he is being manipulated and to measure that is to know how relative is it to the mission statement and vision statement of that organization, a team member has to look at the big picture and not take anything personal, here I have to mention the need of last week subject which was Emotional Intelligence and how it will help to differentiate between the situational leadership vs Manipulation. Consistent to leading to achieve the best and potential plans for the organization. The true example of situational leadership is surgeons in an oper ation theatre. Situational leadership is exercised by surgeons in the operation theatres particularly during dealing with emergency cases and crucial operations. A doctor leading the other doctors in an operation theatre is a specialist in surgeries, but when an urgent situation calls or during the operation problems arise, a surgeon has to make decision instantaneously according to the patients state. The best thing in a situational leader is his skill to bend according to the situation what is happening. In the recent time people started to realize Bullying in the Workplace has been happening for years and years. Anti-Bullying associations existed in the United States as early as the 1990’s which shows us as researchers that there are many workers has been bullied for a long time. According toConstance Dierickx, Ph.D, Workplace bullying is defined as the repeated unethical and unfavorable treatment of one person by another in the workplace. This includes behavior designed to belittle others via humiliation, sarcasm, and rudeness, overworking an employee, threats, and violence. Who is in a leadership position supposed to know and be able to differentiate between bullying, harassment and assault? Harassment and Assault are recognized and resulted from several fairly serious incidents. In many workplaces worker get bullied; in long term jobs, by managers, co-workers or subordinates or even by a client where a good leader should stand on for their workers and not grant the right f or the customer to disrespect the workers. As the research goes, we find even in short term jobs such as the performing arts or construction, where the supervisor has complete power over workers, in both long and short terms jobs workers have been found guilty of either bullying, harassment, discrimination, or assault. We can all agree that it exists in our lives before getting to the workplace, in fact in all starts when we were young and best to remember and prove it, let’s remember our high-schools where we either have been bullying or have been bullied, I actually have been bulled in secondary school and I got a punch in the face and lost a teeth, what was funny is that I still know that person’s friend where he told my friends he is embarrassed to see me after these years, but I am still happy as long as he felt bad and did not keep being argent to admit he was wrong. One of the main reasons that make a person to bully others is to cover their on weak side, in other words a bully would think being mean, disrespectful, or even discriminate with no morals nor mercy would in the workplace or e ven outside. Moreover; a leader should also realize that another important incentive for a worker to bully others is to avoid accepting responsibility for their behaviour andconsequences. Supremacy alters people. We all know the leaders who have come to consider their personal promotion departments. We have observed that leaders were always like that, deep down, or whether triumph has ruined them. Then, we may think why few persons emerge to be corrupted by authority and others remained fine , or what the corrupted women are doing whereas their male corresponding are investigative the staff, concreting their driveways on the firm’s credit card, or handing over profitable work agreements to their acquaintances. According to Professor Serena Chen and her colleagues.people who commence as selfless will carrying on to be so when they attain power, while self-centred people will persistent to be uncooperative and selfish when gained power, Successful people grasp others to a superior criterion. They are more probable to deceive and were less broad-minded to others violating the same rules. According to an Economist article about the work of Joris Lammers at Tilburg University, in the Netherlands, and Adam Galinsky at Northwestern University, in Illinois.According to Dr Jamie Ward, reader in psychology at the University of Sussex. They shatter rules and regulations not only because they can get away with it, but also because they believe at some instinctive level that they are free to get what they desire. This intellect of power is vital to understand why people behave badly in high office, It is greatly easier to mount over people and not taking care of their needs if you can’t recognize with them. At times subordinates can be somewhat responsible for their leaders’ bad conduct, said by Leadership consultant from The Leadership Circle Asia Pacific, Rebekah O’Rourke, and frequently people relinquish their own responsibilities to a higher person, expecting them to have all the replies. Furthermore she said, a few people turn out to be very inactive. The â€Å"subordinates† need to discover ways to provide their leader advice about how they are undertaking. This is, in spirit, supervision . The leader of a company – also needs to begin coaching. They also need to separate their feelings about the leader’s personality from the role. The leader may be a nice person, but if they are behaving inappropriately, someone needs to tell them. In a nut shell, I would like to say for any form or size of industry, successful leadership gives many settlements and will help the organisation to attain success and steadiness. In the deficiency of effective leadership, firms often rise gradually and may misplace their  track and competitiveness. Good quality business leadership can assist a team stay determined during a time of emergency, repeating the team members of their successes and give confidence to them to set short term, attainable goals. A broad and attractive relationship between a leader and their employees shows that they are appreciated as an essential part of the company, creating a feeling of ownership among teammates and beginning a closer position between individual and team objectives. Support of people to explicitly add and talk about new ideas in an optimistic environment, make utilization of their different experience and facts to develop a business. The promise and passion of a business leader forms the general purposes of the company and gives motivation and enthusiasm for people to do at a high level. A planned approach is able to make a plan of action that will most efficiently gather the organisational objectives. A comprehensive planning procedure also gives the chances for people to recognize, add to, appreciate and attain well defined goals. Setting a clear vision and talk to employees efficiently gives workers with an understanding of the organisational trend and permits them to noticeably appreciate their duties and responsibilities. Effective leadership is a vital obligation so as to attain organisational objectives. To do this, leaders should be able to grant inspiration, inspiration and clear route to their team. Leadership growth is very important because organizations hire the character of their leaders. Leadership tuition and expansion can take advantage of output, shape an optimistic culture and promote synchronization. To attain this, key people must direct individuals and teams using a suitable leadership style.

Summary of The Lesson Essay -- The Lesson Literature Essays

Summary of The Lesson In this story the author tells us about a girl named Sylvia, the narrator, who lives in a very low income family. A place where school is not a priority. A place where it is more important to be strong and hard, than to read a book. This was the thought anyway, before Miss. Moore moved in. She was a school teacher who took it upon herself to teach the neighborhood kids. On one summer afternoon in particular she was going to take the kids into town on a field trip. The kids are not at all happy about this because they know it is summer break and they are not supposed to be in school in the summer. They would rather be at the pool playin’, but Miss. Moore knows that if these kids want a chance at a better life, then she better show them what is out there. The story leads to the bus ride where Miss. Moore gives money to Sylvia to give the driver a tip. Sylvia can not figure the tip, so she keeps the money thinking that she really showed Miss. Moore. She did not even admit to herself that the real reason she did not leave the tip was because she did ...