Where Kittyhawk Failed The Case of Disruptive Technologies

Where Kittyhawk Failed The Case of Disruptive Technologies Disruptive technologies have always been a very dubious concept, clearly promoting further evolution of technological thought, on the one hand, and blocking the development of the current technological advances, on the other hand.Advertising We will write a custom case study sample on Where Kittyhawk Failed: The Case of Disruptive Technologies specifically for you for only $16.05 $11/page Learn More Perhaps, one of the most notorious cases of disruptive technologies affecting the current market and ruining the opportunities of promising technologies to be utilized in the corresponding field, the case of Kittyhawk deserves being analyzed. Despite the fact that the introduction of the Kittyhawk technology was bound to reinvent the then perspective of what information storage is supposed to be like, it failed because of the wrong timing, the faults in marketing and the lack of competitiveness, which Nintendo made efficient use of. However, the given failure doe s not diminish the merits of disruptive technology; instead, it shows that, to introduce a technology that will shake the entire world, one will have to think not only the technical aspects of the on-coming revolution, but also its economical and financial sides, keeping an eye on the competitors at the same time. It would be wrong to claim that the concept of Kittyhawk did not have any intrinsic value; quite on the contrary, the idea of introducing a 1.3-inch hard drive to the target market was way ahead of its time and could have resulted in a major success (Christensen 606). However, due to the faults in marketing, it became a giant flop, which the company swept under the rug as soon as the deal with Nintendo regarding its Nintendo 64 system with a slot for a 1.3† disk drive resulted in a financial discord. The very disruptive technology seemed to have had little to do with the given failure, though; instead, it can be seen as the result of the HP managers’ greed. Un less the company had demanded so much to be invested into the Kittyhawk technology, the latter might have seen the light of the day. Instead, the HP Company clearly decided to use their innovation as the means to make as much money as possible before the Kittyhawk innovation would be ousted by a more promising and efficient method of data storage.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In hindsight, the HP Company should have tried positioning the Kittyhawk technology in a less pompous way, so that it would not flop even after new and better information storage system would be introduced into the market. Thus, the company would have retained their target audience and make at least some money out of their concept, which, instead, turned into a giant disappointment. One of the most graphic cases when the attempt to introduce disruptive technologies ail, the example of the Kittyhawk data storage system developed by the HP provides a lot of food for thoughts, mainly concerning the factors that define the success of a disruptive technology. The given case shows clearly that developing a unique concept is obviously not the only step that it required to promote the given technology as a disruptive one; in addition to the careful consideration of the existing market, its demands, customers and competitors, it is highly recommended that the financial aspect of the promotion campaign should also be introduced into the mix. Despite having a number of chances to become one of the most efficient data storage systems for the time being, the Kittyhawk Project plummeted as the HP Company failed to reach compromise regarding the financial issue, therefore, making it clear that the art of creating disruptive technologies is more than being able to sell innovations. Christensen, Clayton M. Hewlett-Packard: The Flight of the Kittyhawk (A). Harvard, MA: Harvard Bu siness School. 2006. Print.

Conflict of Northern Ireland essays

Conflict of Northern Ireland essays Violence and terrorism took 3636 lives and injured 36,000 people between 1966 and 1999 as the conflict of Northern Ireland spread beyond its borders and into England and elsewhere (Sussman, CNN). The persistent troubles in this region stem from religious and political differences between Irish Catholics and immigrant Protestants. The decades of protest and bloodshed have been stalled as an uneasy ceasefire has been maintained. Insight to the conflict in Northern Ireland can be approached through the historical and geographical background, analysis and actions of each position, and a discussion of the peace process and potential solutions. Northern Ireland, a province of the United Kingdom, occupies the northeastern portion of the island of Ireland. It is bounded by the Republic of Ireland, the Irish Sea, the North Channel and the Atlantic Ocean. It is inhabited by approximately 1.6 million Irish Catholics and Protestant immigrants of England and Scotland, according to a 1998 census (Britannica). Catholic Ireland had been under English rule from the 12th century to 1920. Significant events that shaped the history of Ireland include the Plantation of 1609 in which the Gaelic province of Ulster (area now known as N. Ireland) fell to Protestant culture, and the Battle of the Boyne in 1690. This battle was fought between two kings, James II and William of Orange, both of whom laid claim to the British throne. James was an Irish Catholic who controlled much or Ireland. William of Orange was a Dutch Protestant who claimed the throne of Great Britain in 1689. William defeated James II in Ireland and took control of the Ireland and the throne. Laws were quickly enacted by the all-Protestant Parliament which cut off wealth and education to Catholics by barring them from such things as holding office positions, owning land and schooling. The Act of Union in 1801 created the United Kingdom which officially united Great Britain ...

Political Development of Western Europe Essay Example | Topics and Well Written Essays - 1750 words

Political Development of Western Europe - Essay Example From the revolution time to the period during the Franco-Prussian war, France had experienced different dictators led by the famous Napoleon and minimal political advancement was made until the emergence of a democracy in the late 19th century (Lecture 2). Germany’s democratization process was even slower in its own unique way because of issues to do with unification of the country in different aspects (Ertman 224). Germany was reunited as a nation in the 19th century coming from disintegration in the period before but even with its unification, its constitution and rule were solely an imagination of the princes and not with the involvement of the people as was the case with other advanced nations like England and the United States. By the end of 19th century, Germany could be said to have achieved a social democracy with dominion of power of the people through labor unions. Britain on the other hand has been on monarchy system of government for the longest time in the 19th ce ntury. Some aspects of democratic governance during this period may be inferred from Britain’s government institutional set up where crucial bodies such as the judiciary, local government and parliament were in place though working under the monarchy administration (Ertman 156). Additionally, an electoral system which could be termed as free and fair existed with desirable frequency of election activities though characterized by discriminative participation only allowing the rich and mighty at the expense of the poor and the common people. Even with successive legislation passed and efforts by the civil society forming social movements such as the... This paper stresses that democracy has been described variously but it basically means the form of political system that is guided by the power of the people. Although Europe was and still is one of the civilized regions of the world in the 19th century, the process of democratization in virtually all countries was complex and challenging and took different dimensions depending on country’s historical orientation politically, economically, and socially. During the period, Britain’s governance system was nearer that of a democracy compared to some other select countries like France and Germany. This report makes a conclusion that countries that encourage democratization must embrace the power of the electorate to influence political and governance decisions through majority rule and guided by the constitution and rule of the law, with eligible citizens given the opportunity to elect their representatives and run for public offices. There should be freedom of expression and worship, promotion of right for access to information, and opportunity to frequently change governments fairly and equitably through periodic elections. Even more, the rule of law as guided by the constitution must be observed and respected to avert inequalities and promote fair treatment for all. The promotion of individual freedom and dignity through human rights is fundamental in any democratic society where laws are set in line with the constitution to ensure that the rights of citizens are observed and respected. Democratic countries usually set up governance institutions to support and oversee effec tive adherence to these democratic principles.

The European Union Case Study Example | Topics and Well Written Essays - 3250 words

The European Union - Case Study Example As a market on its own, the EU becomes significant because of the large population, the availability of resources and the production opportunities which are present in the region. Of course the EU may not have the lucrative advantages that could be offered by China or other Asian countries but it does have the infrastructure in many places to support business at a level which countries such as India or even China may not be able to provide. Additionally, as a democratic force and as an international body, the European Union is unique amongst its peers since it has a very complex and highly evolved system of creating and establishing its democracy. Since the treaties of Paris and Rome, the body has been creating, expanding and explaining the democratic principles that have led to its inception. Even though the system designed by the stalwarts of the EU is held in high regard by many critics, there are those who say that the system produced by the organisation is cumbersome, a hindrance to the economy, non-transparent and does not take into account the sprit of democracy. Therefore, on issues such as the Iraq war and other points which can lead nations to be divided, the EU loses some of its bite because different countries within the union may have different opinions on how the matter should be dealt with. Additionally, the larger powers within the EU often have more weight in international matters than smaller powers. For example, political support for a war which comes from France and Germany has a lot more value than opposition with comes from Romania or Italy. Even the EU itself realises that the balance of power between countries as it had been maintained by the treaties needs to reflect in the ways it deals with the world if it has to have a significant global impact. The current distribution gives too much power to smaller members and it has been pointed out that when the EU increases its number to 25 members, the group of seven smallest countries would represent only 1.25% of the total EU GDP while they will have more voting rights than the six largest member countries that contribute more than 80% of the total GDP (Hain, 2003). Such inequalities will certainly create and increase democratic issues and may be a threat to the stability of the union as a whole. On the other hand, the economic value of a country adds to the political clout that country has within the European Union even if the application of the one country, one vote rule remains firm. With that idea, the wishes of the majority of the countries are represented and turned into laws while the majority of individual Europeans living in those countries may be against the creation of that very same law (Beetham & Lord, 1998). In a way it represents the same issues which the American presidential election system faces where a majority of votes from the general public may be defeated by a majority of votes in the Electoral College. This democratic deficit weakens the position of the EU as a law making body and a force for the unification of the continent. For example, the European draft constitution, when it was presented, was given very diverse views from the member nations. The UK opinion was to look at

The Problem of the New Century Essay Example for Free

The Problem of the New Century Essay This essay will analyze the impact that social media has on teenagers all around the world. More specifically, this essay will guide the reader through three of the most striking repercussions that result when teenagers abuse these types of media: cyber-stalking, poor interpersonal relationships, and bullying. From Facebook to MySpace to Twitter to Tumblr, these sites undoubtedly provide both positive and negative consequences to our world’s youth†¦ The question is: Do the negative outweigh the positive? â€Å"Home alone! I love this! And the ‘rents won’t be back ‘till 6!!!† You may think that a post like this on a social networking site should not be harmful at all. After all, you’re just letting your friends know what you’re up to! However, online stalkers and pedophiles may use this seemingly benign piece of information for more malicious ends. According to a 2007 Pew Internet Research Report, over half (55 percent) of teens now use online social networking sites. (Lenhart, Purcell, Smith Zickuhr)[1] The latter have diminished one-on-one interactions and have simultaneously provided an easy, impersonal way to harass people without any apparent immediate consequences. It is true that social networks such as Facebook and Twitter enable friends to keep in touch and can be used to â€Å"document school research, promote artistic talents and experiment with other forms of content creation.† (Hall)[2] However, along with these benefits come some serious risks: especially since these sites are extremely addicting. The excessive use of social networks, especially by teens, has brought upon severe effects on society that should n ot be taken lightly: cyber-stalking, poor interpersonal relationships, and bullying. When analyzing this topic, one must point out that, as a consequence of their excessive use of social networks, teens have become the main victims cyber-stalking. First off, unsuspecting, naà ¯ve teens are less conscious about conveying personal information that most adults would never give away to strangers. An actual case of cyber-stalking against young adults occurred when, in accordance with the Justice Department of the United States, â€Å"an honors graduate from the University of San Diego terrorized five female university students over the Internet for more than a year. The victims received hundreds of violent and threatening e-mails, sometimes receiving four or five messages a day. The graduate student, who has entered a guilty plea and faces up to six years in prison, told police he committed the crimes because he thought the women were laughing at him.† (Easttom)[3] Furthermore, when teens give away information in social networking sites, they are not only putting themselves in great danger but also involving their families. Last but not least, teen bloggers are an extremely easy target for these online stalkers. A study of sixty-eight random web-blogs written by teens of ages 13-17 by the Northwestern University revealed that â€Å"teen bloggers often willingly give away all their personal information putting them in high risk and making them easy target for cyber stalkers.† (Leopold) It is evident that teens and young adults are more liable to disclose more personal information online, making them easy targets for stalkers. The fact that cyber-stalking doesn’t involve direct contact might create the erroneous illusion that it is milder than actual physical stalking. Nonetheless, this could not be more wrong. As the Internet (and social networks) becomes a more fundamental part of our daily lives, cyber-stalkers are using it to access our personal information. Without the excessive use of these sites, would cyber-stalking such an eminent issue? It is our unfortunate dependence on these sites that make us so vulnerable an d more prone to be victims of such a frightening issue that grows larger every single day. It is understandable that teens depend on social networks to keep in touch with friends who they do not see regularly. However, the fact that 91 percent of teens use social networks to maintain friendships with friends who they already see frequently causes some degree of concern. (Frazier)[4] This is concerning because the dependence in social networks is detrimental to society, seeing as it creates poor interpersonal communications. When people communicate through a computer or cellphone screen, they lose one-on-one social contact skills. Comments and opinions conveyed through the Internet tend to be less tactful, too. Badoo These disadvantages can lead to a degradation of conversations and to misunderstandings, which could easily be avoided by just taking the time to talk in person. Also,†¦ less friends.. Social Net. Moreover, when teenagers spend so much of their time online, they fall into a dysfunctional lifestyle were vital activities such as sleeping, exercising, maintaining a healthy diet, keeping up with school, and spending quality time with friends and family become subordinate to using their computers or cellphones. In 2003, researchers at the City University of New York conducted a study regarding the effects of at-home computer use on young children. They found that young children who excessively used the computer (for over 8 hours a week) spent significantly less time playing sports or taking part in beneficial outdoor activities. They were also found to have substantially heavier body mass index.â €  (Frazier)4 Kids are said to be the future, but if this is happening to our world’s kids, what does that say about the world we are aspiring to build? Amongst all effects of the use of social networks, bullying may be deemed as the most troubling one. Thanks to the impersonal manner of online interactions, people tend to say (or type) things they normally would not say in person. Considering this, one may say that teenagers online have the urge to feel â€Å"cool†, accepted, or even admired. Though they may not be as cruel in person as they are online, the pressure of having to stand out drives many of them to bully fellow teens that may have a less dominant personality. For instance, bullies may publicize private instant messages, text messages or e-mails, post threatening messages or photos that will cause embarrassment and, most commonly, spread rumors. Even though some victims may ignore this harassment, this is not the common case. Most of the kids who have b een bullied online take desperate measures to put an end to their humiliation. As a consequence, most of the targets, who are usually emotionally unstable, choose a permanent solution to this temporary problem: suicide. For example, there is the case of Megan Meier. She was a 13-year-old girl who had self-esteem issues but was, overall, content with her life. It all started when a cute boy by the name of Josh Evans befriended her on MySpace. They started messaging each other, but Evans’ compliments soon turned to insults. Then, suddenly, Megan got a message from Evans saying â€Å"I dont know if I want to be friends with you any longer because I hear youre not nice to your friends†. Then, the Evans started posting public comments calling her fat and a ‘slut’. â€Å"The stress and frustration was too much for Megan, who had a history of depression. Tina Meier, her mother, discovered her daughters body in a bedroom closet on Oct. 16, 2006. Megan had hanged herself and died a day later.† (Good Morning America)[5] Afterward, it was discovered that Josh Evans never existed. This was a fake account that Megan’s ex-best friend created with the help of her mother in order to â€Å"get back† at Megan for some rumor that she had allegedly spread. They claim that they did not mean for Megan to commit suicide. But this is not enough. Megan is gone now thanks to cyber-bullying, and nothing can replace her. All in all, the conclusion is evident: social networks, like everything in life, are only beneficial to certain extent. When these enable people t o track you down, one should surely realize that it has gone too far. When these start replacing inter-personal relationships, one should realize that it has gone too far. When these take over your life, driving you to the point of wanting to leave this world, one should realize that it has gone too far. Luckily, we are not too late. We still have time to turn off those computers and cell phones, go outside, and take a deep breath of fresh, real air. After all, what W. Clement Stone once wrote is very true: â€Å"You are a product of your environment. So choose the environment that will best develop you toward your objective. Analyze your life in terms of its environment. Are the things around you helping you toward success- or are the holding you back?† Bibliography Lenhart, Amanda. Purcell, Kristen. Smith, Aaron. Zickuhr, Kathyrn. (2010, February 3). Social media and mobile Internet use among teens and young adults. Retrieved October 22nd, 2012 from http://web.pewinternet.org/~/media/Files/Reports/2010/PIP_Social_Media_and_Young_Adults_Report_Final_with_toplines.pdf Hall, Sharon Hurley. (2012). Life123.org. Retrieved November 1st, 2012 from http://www.life123.com/parenting/tweens-teens/social-networking/issues-with-teens-and-social-networking.shtml Easttom, William. (2012, February 1). Cyber stalking, fraud, and abuse. Retrieved November 1st, 2012 from http://www.pearsonitcertification.com/articles/article.aspx?p=1825167seqNum=4 Leopold, Wendy. (2006, February 19). Study finds teen bloggers at risk for cyberstalking. Retrieved October 22nd, 2012 from http://www.eurekalert.org/pub_releases/2006-02/nu-sft021706.php Frazier, Karen. (2011). Are Social Networks Harmful to Society?. Retrieved November 1st, 2012 from http://socialnetworking.lovetoknow.com/Are_Social_Networks_Harmful_to_Society Good Morning America (2007, November 19). Cyber bullying led to teen suicide. Retrieved October 23rd, 2012 from http://abcnews.go.com/GMA/story?id=3882520page=2 [1] Lenhart, A., Purcell, K., Smith, A., Zickuhr, K. (2010). Social media and mobile Internet use among teens and young adults. Retrieved October 22nd, 2012 (See Bibliography) [2] Hall, S. (2012). Life123. Retrieved November 1st, 2012 (See Bibliography) [3] Easttom, W. (2012, February 1). Cyber stalking, fraud, and abuse. Retrieved November 1st, 2012 (See Bibliography) [4] Frazier, K. (2011). Are Social Networks Harmful to Society? Retrieved November 1st, 2012 (See Bibliography) [5] Good Morning America (2007, November 19). Cyber bullying led to teen suicide. Retrieved October 23rd, 2012 (See Bibliography)

The Summerhouse by Jude Deveraux :: essays research papers

The Summerhouse The Main Characters: Leslie Headrick: A stubborn housewife and mother of one boy and one girl. Living in Columbus, Ohio. She used to be a dancer. Ellie Abbott: A famous best selling novelist. She grew tired of supporting her husband they had a divorce and he took all her money. Ellie sees a therapist Jeanne who came up with the plan for the three best friends to spend their 40th birthday with each other in a summerhouse (Jeanne’s Summerhouse) in Maine. Madison Appleby: Madison used to be a model but dropped her modeling career to help her high school boyfriend recover from an accident. Plot: Three best friends Leslie, Ellie, and Madison with the same birthday meet each other in a DMV office in New York. There they shared their past secrets and hopes for the future with each other also on that day they shared their 21st birthday with each other. After that they went their separate ways. Nineteen years later Madison and Leslie received an invitation from Ellie. The invitation was for the three of them to spend a long weekend in a summerhouse in a tiny town in Main. During their stay in Maine they bought gifts to celebrate their birthday and souvenirs. In the items they bought they each found a card from a Madame Zoya offering them the chance of a lifetime to relive any three weeks from the past. When they went to the Madame Zoya she took a picture of them and then each of them decided for themselves as they fallow their dreams that got away. Each chooses the life that will truly satisfy the longings the live deep inside their hearts. When they return they have a choice. If they did not like the life they choose they could stick with their old life and still know everything that happened or they could go with their new like and erase everything they know or still know everything that happened. Madison went back to October 9, 1981 because she wanted to pursue her modeling career. Ellie went back three years, seven months, and two weeks ago because she would have like to return earlier so she’d have more time to gather evidence. Leslie went back to April of 1980, the year before she graduated college, because she wanted to meet a boy she hadn’t see in twenty years. After they all spent their three weeks in the past they choose which life they would like and wheatear or not they wanted to remember their old or new life.

Lego Analysis Essay

Large losses in Vinalines, Vinashin, EVN, Vietnam Cement Corporation VICEM, Song Da Corporation, TKV †¦ somehow make it easier for the Vietnamese economy sinking into stagnation condition than ever before. Global economic slowdown led to foreign investment flows into Vietnam show signs of decline. Attract foreign investment from the beginning of 2012 to 04/20/2012 only 68. 5% compared to the same period last year, which is down 0. 3% compared to the same period last year. Trinh Thanh Hoan, Director of Insurance Management and Supervision Department of Finance, commented that: the financial crisis affecting the insurance industry in Vietnam, but not heavy. Vietnam’s insurance industry is one of the few lucky industries has overcome the crisis. Revenue growth rate of the insurance industry first 6 months of 2012 has reached a relative situation, though not as high as in 2011. Original insurance exploitation activities increased by 11% compared to the same period in 2011, of which 13. 5% non-life sector, life insurance increased by 8. %. In this context, the Prudential – with revenue of VND 2,182 billion, accounting for 39. 69% of the market array of life insurance market in Vietnam is facing great opportunities to promote their competitiveness The study of the financial situation in 2011 by Prudential in conjunction with specifying the challenges they are facing in 2012 through which creating a premise to promote the Vietnamese insurance m arket in general and the Prudential Vietnam in particular to develop at a stable and healthy way is the reason why this topic was chosen. Title: â€Å"How was the financial situation of Prudential Vietnam in 2011, its problems in 2011 and its challenges in 2012† Object of this project is to study the financial situation in 2011 of Prudential Viet Nam in which the writer focused on the analysis of sales along with the challenges that they are facing in 2012, which is the main factor determining the competitive position of the company The range of research topics: In term of spatial: The insurance company in Vietnam, especially Prudential In term of time: Empirical research in the period 2011-2012 Research objectives of the project are presented in three main aspects, namely: Develop practical scientific arguments about the challenges that Prudential are facing in 2012 as an important strategy in business development issues of Prudential Analysis of the financial situation of Prudential Vietnam in the 12-month period of 2011 The layout of the contents of the subject consists of three parts: Chapter 1: Historical development and organizational structure of Prudential Vietnam. Chapter 2: How Prudential Vietnam did their business in 2011. Chapter 3: Financial Situation of Prudential Vietnam in 2011 compared to 2010, its problems in 2011 and its challenges in 2012. In term of finishing this project, because of limitation in knowledge about finance and insurance field and the lack of information that we can find both on The Internet and directly from Prudential Vietnam, our report may be confined. We would like to show our gratitude to Dr. Gitte Top, who has specially enthusiasm in guiding our group during the process of doing and finalizing this project. We wish you be always happy in your life. METHODOLOGY A. The method used in general is the research â€Å"onion† * Definition : In order to answer how a research should be answered a clear methodology was sought which is referred as â€Å"research onion†. It presents a clear framework for the most suitable methods and strategies to address a research. It promotes the knowledge to answer a research question. After deciding a suitable philosophy other elements are selected from the layers which assist in answering a research. Each element in a different layer is discussed below in order to get an idea why elements were selected while conducting a research * The purpose of research onion The classification of research purpose most often used in the research method literature is threefold one of exploratory, descriptive and explanatory. However, in the same way as our research question can be both descriptive and explanatory, so our project may have more than one price. Indeed, as Robson (2002) point out: â€Å"The purpose of your enquiry may change over time† I. The research paradigms The first layer of the onion is research paradigms. It gives an idea that how we think about the research. Several views about research process dominate the literature, which include positivism, realism, interpretivism and others as well. The knowledge is always judged in different ways and these are different ways you can judge the knowledge. We chose realism because it is a mixture of both the philosophies positivism and interpretivism as it allows us to study for the social issues trying to understand the impact of wider social forces. Moreover, we would take advantage of the accuracy in evaluation of the figures provided in the financial report of Prudential in 2011 to see correctly its problems and challenges. These reasons are why the realism is selected II. The research approaches The second layer of research ‘onion’ refers to research approach. There are two approaches involved: 1. Deductive approach Deductive approach works from more general to specific. This is informally called as top-down approach. A deductive approach is consistent with developing a theory and testing it through research. Arguments based on laws, rules and accepted principles are generally used for Deductive Reasoning. 2. Inductive approach Inductive reasoning works the other way like deductive moving from specific to general to broader generalization and theories. And informally it is referred as bottom op approach. And its conclusion is likely based on premises and usually involves a degree of uncertainty. Because of the limitation about the information we can look up, we chose the deductive approach in order to have a clear orientation to carry out the project. B. The project I. Object of this project: To analyze financial situation of Prudential corporation in 2011, then reveal factors affecting the company included the cost and national economy situation and as well as the difficulties which corporation face in the this year II. The range of project * In term of space : Insurance market in Viet Nam and especially Prudential * In term of time: Practical research in the 12-month period of 2011 about the main activities of the Prudential corporation; challenges of Prudential in 2012 III. The research objective Offer the student the opportunity to train the skills falling into the categories of writing a report – to learn the logic and practice of investigating/analyzing actual problems, equivalent to current challenges in modern financial companies – and to being introduced to formulating a research question. IV. The research methodology To estimate specifically and exactly how was financial situation of Prudential Vietnam in 2010 our group thinks it is suitable to use dialectical materialist methodology (human relations results), along with the clever combination of theories in economics and management, based on the analysis of reliable material which our group collected, in which we focuses on information on the homepage of Prudential Vietnam. C. The structure of assignment The layout of the contents of the subject consists of five parts 1. The introductory part 2. Methodology 3. The main part a. Chapter 1: Historical Development and Organizational Structure of Prudential Vietnam b. Chapter 2: How Prudential Vietnam did their business in 2011 c. Chapter 3: Financial Situation of Prudential Vietnam in 2011, its problems in 2011 and challenges in 2012 4. Conclusion 5. Appendix CHAPTER 1: HISTORICAL DEVELOPMENT AND ORGANIZATIONAL STRUTURE OF PRUDENTIAL VIETNAM PART 1: HISTORICAL DEVELOPMENT Established in London 1848, Prudential is one of the world’s leading retail financial services groups providing life insurance, financial services and asset management products and it has been writing life insurance in the United Kingdom for 163 years. In 1995, Prudential arrived in Vietnam ;amp; established the Prudential Representative Office in Hanoi, the capital of Vietnam. Later on, in 1997, it established a 2nd Representative office in Ho Chi Minh City After 11 years , in 2006 , it was awarded the â€Å"No. 1 brand in Insurance – Finance – Banking Industryâ€Å". Up to now, it has keep dominating the market share in insurance market. PART 2: ORGANIZATIONAL STRUCTURE Board of Directors Mr. Alexander John Hambly Chairman (Non-Executive Director) Mr. Hambly is the Regional Head of Private Equity of Eastspring Investments (Singapore) Limited (formerly known as Prudential Asset Management (Singapore) Limited) joined Prudential in 2003 and was Chief Executive Officer and Chief Investment Officer of Eastspring Investments Fund Management Limited Liability Company (formerly known as Prudential Vietnam Fund Management Private Limited Company) from January 2006 to September 2007. Alex was also the Chief Executive Officer for Prudential Property Investment Management (Singapore) Pte. Ltd from September 2007 to February 2010 and the Chief Executive Officer of PPEM Pte. Ltd. from March 2009 to October 2010. He has more than 20 years’ direct investment experience gained in both Asia and other major markets. Prior to joining Prudential, he worked for four years for Actis (formerly known as CDC Capital Partners) based in Singapore, four years with HSBC Private Equity based in India, and seven years with Barclays Bank plc based in London, India and Singapore, the last three years of which he was on secondment to a private equity fund (Baronsmead plc) in the United Kingdom. He holds a BA in Modern History from Durham University in the UK. Mr. Hambly is also a member of the VII Audit and Remuneration Committees. He has not been a director of any other listed company in the last three years. Mr. Henry (Van Hung) Lam Managing Director (Chief Executive Officer) Mr. Lam, a resident of Vietnam, was born in Vietnam and came to Australia in 1977 and studied electrical engineering. He resides in Vietnam and is responsible for the group’s operations in Vietnam. He was awarded the â€Å"Red Star† at the end of 2000, the first overseas Vietnamese to receive this, for his contribution to the economy of Vietnam and in 2010 he was awarded the â€Å"Second Class Labour Medal†. He has not been a director of any other listed company in the last three years. Mr. Lam is a director and shareholder of Corbyns International Limited, the Company’s ultimate holding company. Mr. Alan Alexander Young Managing Director (Chief Operating Officer) Mr. Young commenced his business career in the financial sector and was employed for several years in banking and finance. For the past twenty years, he has gained wide experience in the administration of public companies, particularly in the resource sector. Mr. Young is a Board member of all the operating subsidiaries in Vietnam. He was a Fellow of the Institute of Corporate Managers, Secretaries and Administrators and past President of the Western Australia-Vietnam Business Council Inc. He has not been a director of any other listed company in the last three years. Mr. Roger (Sing-Leong) Kwok Independent Non-Executive Director Mr. Roger Kwok is the Managing Director of Arcadia Group in Perth which specialises in designing, developing and managing retirement resorts and premium properties. For the last twenty years, Mr. Kwok has managed a number of Australian businesses in the automotive and healthcare sectors. He is a past president of The Western Australian Chinese Chamber of Commerce and brings significant experience in business relations in international markets, particularly China, which sources raw materials to VII’s rolling mills. Mr. Kwok is the Chairman of the VII Audit and Remuneration Committees. He has not been a director of any other listed company in the last three years. Mr. Andrew David Walker  (appointed 3 January 2012) Independent Non-Executive Director Mr. Walker has graduate and postgraduate qualifications in Medicine and Medical Science from Newcastle University and is a Fellow of the International College of Surgeons. He also has a MBA from The University of Melbourne. Before starting his business career, Andrew was as officer in the Australian Army and a Platoon Commander in Australia’s elite parachute regiment. Mr. Walker has a wide range of Board experiences, both Public and Private companies. He was the Past-Chairman of the Melbourne Chapter of the Young Presidents Organisation. He was named the 2006 Ernst & Young’s National â€Å"Entrepreneur of the Year† (Service Category). In the past three years,  Mr. Walker is the Executive Chairman of Vallenar Iron Company and Founder-Chairman of Aspen Medical Pty Ltd. Mr. Walker is a member of the VII Audit and Remuneration Committees. CHAPTER 2: HOW PRUDENTIAL VIETNAM DID THEIR BUSINESS IN 2011 PART 1: HOW DID PRUDENTIAL GET PROFIT? The renovation and modernization of the country and international economic integration requires every industry, every business have to try harder, continuing deeply comprehensive reform in all its activities. With the function of mobilizing small amount of money from countless individuals to create a central insurance fund to invest in various sectors of the economy, insurance companies, particularly life insurance Prudential company has become an institution, a key professional investors on the capital market of many countries. And if the world over a long period, the investment activities of the non-life insurance companies are considered a complementary activities in order to increase profits in addition to profit from insurance operations, since the type of life insurance on the market, investors have become a very important activity, can’t be separated and have to say it determines the survival of life insurance companies. To be more specific, the writer will present the way Prudential get profits. Firstly, by buying insurance contracts, Prudential’s employees try to persuade other people to buy their insurance policies. They will get amount of money when the contracts accomplish and unless the buyer have some problems with their body or life, the company will use the money to invest some particular activities to make more profits. Secondly, they generate profit by mortgage. Lending is an important role for life-insurance company. With the nature as an investment tool, Prudential company must also be subject to some limitations when it carry out loan such as restrictions on the maximum amount allowed for limited borrowing and lending of money. Currently the mortgage loans of life insurance companies primarily secured by real estate . Most of loans under life-insurance company tend to increase quickly. This is also the form of attracting more customers to the insurance company. In Vietnam today lending policy is very popular and used by insurance companies as a form of competition. The next one is that Prudential company invested in securities. This is the investment tool which is used by almost life-insurance company most widely, hence the profits from investment securities giving the insurance company is very huge. Moreover, investing in securities has a high liquidity because insurance companies can quickly sell the securities to the market if demand for payment is necessary. Stocks and bond are two kinds of securities which most life insurance companies prefer to invest. In a word, investing in securities has higher margins than other forms of investment. Life-insurance companies tend to invest large value on that list. Associating with the development of securities market in recent years, the investment of life insurance companies in this market is considerably increased. Currently Most of life-insurance companies move to invest in securities and loans which have guaranteed level less but have a higher expected rate of return. Next, Investing in real estate is important element without mention on the way to generate profit . The investment in real estate plays an essential role because it maintains the stability of the value of investing in real estate which is less affected by inflation. However, investing in real estate has high market risk and low liquidity. Therefore the real estate business of life-insurance Prudential is suffered from certain limitations. In addition to these forms of investment, life insurance companies also invest in other forms of joint ventures, deposits at credit institutions, pledge and mortgage. With life insurance company investment which is usually long term should be greater long-term portfolio than that of non-life insurance companies . In previous time, loans secured by the mortgage is the primary form of investment life insurance companies. These investments often bring a higher rate of return than investments in government bonds, although liquidity is not high. Those are the fourth best ways of Prudential company to gain profit. However, it does not mean that they are the only measures. To generate profit, Prudential also take part in forms of organization and operation of investment. And Prudential with a large scale of enterprise and the nature of insurance can invest in this activity with two forms: The first one is establishing investment company belonging to Prudential company. The establishment of an independent investment organization in the form of the investment company or investment fund owned by the insurance company all the shares or hold the shares in the form of applied fairly common in the insurance company in the world. This pattern is consistent with the large-scale insurance companies and developing companies, it helps insurance Prudential company concentrate on its resources to improve the quality and efficiency of investment activities. These funds may only focus on a geographical area or specific industry groups or a wide range of activities and general investment fields. In recent years insurance companies have large-scale switch to set up the fund to focus its resources and improve the quality and efficiency of investment activities. The next one, Prudential buy shares in the non-dominant of other investment company. PART 2: PRUDENTIAL MARKET SHARE AND THEIR COMPETITORS Market share * 2011 situation 2011 was a challenging year for the global economy and Vietnam was not an exception. The slow growth in the US and EU region also softened Vietnam’s export demand. Moreover, the tightening policy by the SBV to tackle inflation lowered domestic industrial activities. For the full year of 2011, GDP growth was 5. 9% compared to 6. 8% in 2010. This is the second lowest year of GDP growth in the last decade, only higher than 2009 the year after the global financial crisis started. According to the annual report 2011, the revenue of Prudential Vietnam account for nearly 39% of the total revenue of the life insurance market, reduced 1% compared to 2010. However, Prudential Vietnam has reached new business premium of VND615 billion ($30 million), up 21. 2% year-on-year. The total premium income increased to VND2. 8 trillion ($137 million), up 12. % year-on-year. With the market share of 38%, the company reaffirmed its No. 1 position in Vietnam’s life insurance market. In additional, Prudential Vietnam has won the  Golden Dragon Award 2011  with the title â€Å"Best Financial Service† for all three business units in Vietnam: Prudential Vietnam Assurance, Eastspring Investments and Prudential Finance. This is the 10th consecutive time th at Prudential has won the Golden Dragon Award. * Prediction in 2012 2012 outlook is expected to improve due to consistent government policy, the more stable VND and improvement in the balance of payment. We become increasingly optimistic about Vietnam outlook in 2012 due to the consistency of SBV in implementing monetary policy, the more stable VND, and the improvement in the balance of payment. However, in the short term, lower GDP growth is expected in trade off for long term macro stability. During this period, the equity market might remain volatile and highly reactive to releasing news. We think that selective investment in sectors with stable consumption demand (i. e. non-cyclical consumer goods) or have a strong financial capacity will bring benefits for investors. In the long run, we increasingly become optimistic about the equity market as the VN Index valuation is currently at one of its lowest levels historically and compared to other markets in the region. Competitor In Vietnam, the insurance sector is regulated by the Insurance Supervisory Division within the Ministry of Finance. The insurance trade association is the Association of Vietnamese Insurers (AVI). The main life insurance companies are: Bao Viet (also a non-life insurance company); Prudential; Manulife; AIA; Dai-ichi Life; ACE Life; and Prevoir. Key non-life insurance companies include: Bao Viet (also a life insurance company); Bao Minh; Petrovietnam Insurance Company (PVIC); PJICO; PTI; Cong ty BH lienhiep; Bao Long; Vien Dong; and VIA. In the first quarter of 2012, the total sales of life insurance in the market are 3522 billion, up 8. 1% compared to the same period last year. The companies have large market shares of Prudential Vietnam, with 1,308 billion, accounting for 37. 14% market share, Bao Viet is 942 billion VND, accounting for 26. 73%, Manulife is 440 billion, accounting for 12. 5% . Leader in sales of new premium remains the Prudential Vietnam with 239 billion, followed by Bao Viet Life 226 billion and Manulife is 131 billion VND. The strongest opponents of the current Prudential Vietnam Bao Viet Life, with a market share of new operators are close to Prudential. Futhermore, Manulife, although total sales revenue and new operators have a big gap with the Prudential, but development strategy, with a solid foundation and changes quite flexible according to the market trend of this company many companies in the same industry appreciated. AIA is also one of considerable competitors with daring and efficient strategies which may have a spectacular breakthrough in the market share in a few years. Meanwhile, Dai-ichi Life Vietnam after a period of impressive growth, there seems to be a lull down and has not had any extensive development. In the recent economic condition, the issue is not about the number of new contracts or pushing the revenue growth. The vital tatic is maintaining the signed contracts. It dues to the fact that the level of contracts termination in Vietnamese market has always been a â€Å"nightmare† for life insurance ompanies, this ratio is always around 10 – 15% for every years, the rate cancelling contracts in the early years are often higher. Therefore, the development of effective strategies many insurance companies selected for this difficult period. Although the cancelling contracts are high, Datas from the Vietnam Insurance Association showed that the three months of this year, the number of contracts restoration of 27,797 contracts, an increase of 35% over the same period last year. The companies have the contract high recovery rate is Prudential, Bao Viet and Dai-ichi Life Vietnam. Thus, under the current intensive competition, whether Prudential can retain their leader position of the life insurance market or not, it’s still a question. CHAPTER 3: FINANCIAL SITUATION OF PRUDENTIAL VIETNAM IN 2011 COMPARED TO 2010, ITS PROBLEMS IN 2011 AND CHALLENGES IN 2012 PART 1: FINANCIAL SITUATION IN 2011 COMPARED TO 2011 AND ITS PROBLEMS IN 2011 Business activities results Unit: Million VND Content| 2010| 2011| I. Revenue| 7,601,313| 8,871,160| 1. Revenue from insurance activities| 5,365,668| 5,992,532| 2. Revenue for financial activities| 2. 235. 645| 2,871,628| II. Costs| 6,263,946| 7,878,625| 1. Insurance activities and sales cost| 5,298,593| 6,335,556| 2. Financial activities costs| 379,520| 819,496| 3. Manager costs and other costs| 585,833| 723,573| III. Profit without taxes| 1,337,367| 992,535| IV. Taxes| 329,815| 240,839| V. Net Profit| 1,007,552| 751,996| The table shows how Prudential did their business in 2011. According to the table, in 2011, Prudential’s revenue showed an upward trend in both insurance and financial fields. Specifically, its revenue increased by 626,864 million VND and 635983 million VND respectively. However, costs for business activities involved insurance, financial activities, management cost and other cost also grew in this 12-month period as a figure of 1,614,679 million VND. As a result, net profit was decline by a significant number, 255,556 million VND for particular, despite of reduction in taxes. In conclusion, this insurance and finance company still got profit in the previous year, however it was less than it had been in 2010. Important financial ratios: Content| 2010| 2011| I. Asset Structure| 1. Fixed Asset / Total Asset| 0. 3%| 0. 4%| 2. Moveable Asset / Total Asset| 28. 7%| 31. 4%| II. Capital Structure| 1. Debt / Debt and Equity| 87%| 88%| 2. Equity / Total Capital| 13%| 12%| III. Payment Capability| 1. Money and money equivalents and short-term investment / Short-term debt ( times )| 3. 77| 3. 58| 2. Total Asset / Total Debt ( times )| 1. 15| 1. 13| IV. Profit ratios| 1. Profit without taxes / Total Asset| 5%| 3%| 2. Net profit / Gross Revenue| 13%| 8%| 3. Net profit / Net Revenue| 20%| 12%| 4. Net profit / Equity| 30%| 22%| The table illustrated some relevant financial ratios included asset structure, capital structure, payment capability and profit ratios. In general, these numbers provide a negative business image of Prudential in 2011 compared to they did in 2010. For example, their payment capability was limited and profit ratios also reduced to. The figures were 0. 19 time deduction in money and money equivalents and short-term investment / short-term debt and 8% decline in net profit / net revenue. Clearly, business activities of Prudential in was not effective compared to 2010 and this fact was because of several reasons and also led to several issues of Prudential in 2011. Factors had devastating impacts on insurance market in general and Prudential for particular included The 2008 Financial Crisis, inflation rates, the increase of gold price and Resolution of the government Firstly, the 2008 Financial Crisis has been proving that it has global affects and there are no countries being exception. In 2008, White House admitted the conclusion of The National Bureau of Economic Research (NBER) which is â€Å"The United States has been being in recession since December of 2007† and tried to accelerate the economic recovery process by improve finance, credit and real estate market. According to official figures, GDP of the biggest economy in the world decreased by 0. 2% in the fourth quarter of 2007 but increased by 0. 8% in the first quarter of 2008 and 2. 8% in the following 4 months. Subsequently, it declined again in the third quarter of 2008 by 0. 5%. However NBER informed that recognizing the recession was not just based on GDP but on other economy factors such. For example, employment market and capital slowed down and showed a downward trend in a 12-month period. After that, this disease started spreading all over the over and several countries and regions were victims. Fifteen European Union countries were the first, then Russia, Japan, China, Singapore †¦ Later on, in 2009, Vietnam became a victims of the crisis, which brought the economy down without recovery up to now and every single industry was effected involved insurance field. As a consequence, business activities of Prudential fell down year after year. Secondly, the inflation rates of 18. 13% was rather high than ideal number and it also means that Consumer Price Index (CPI) was 18. 13% higher than the previous year, furthermore, some essential products increased by 50% or even 100%. Hence, it had impact on social quality and decreased the amount of saving money of residents, limited to capability of participating in insurance activities or maintaining the life insurance contract due to people who have low average income, and increased the compensation costs of non-life insurance. Therefore, the growth of about 10000 billion VND costs of insurance activities and sale costs of Prudential was an obvious consequence. Thirdly, the 24. 6% rise of gold prices also created psychological allocation of the insurers. The stock market and real estate was bleak which reduced investment opportunities and profitability of the insurance business and even generated difficulties for making provision for diminution in value of investment in a relatively large number. And finally, in 2011 The Resolution of the Government about the credit crunch, tightening expenditure and government investment has decreased demand for property insurance, construction and installation of new assets purchased. To conclude, because of several reasons involved The 2008 Financial Crisis, inflation rates, the increase of gold price and Resolution of the government led to a bleak business image of Prudential in 2011 compared to 2010. However, they did a great job in the insurance industry in this year and the evidences proved this is Prudential was the market leader of this field with insurance revenue increased by 12% with the biggest market share and being the number one company in this major. PART 2: CHALLENGES OF PRUDENTIAL VIETNAM IN 2012 Problems of Prudential in 2011 mostly referred to the costs of business activities and the degradation of the economy. However, in 2012, its main mission is to fix these problems and to take advantage of new opportunities in the market to improve its business. In 2012, the inherent difficulties in 2011 still continue, the risk of high inflation, the government undertook to restructure the economy, in which the focus of restructuring banking, securities and insurance will affect the insurance market. Property insurance market is predicted slowing down because of tightening credit, expenditure management and government investment spending forced the non-life insurance companies have turned to market development, non-property insurance products. Moreover, many businesses have to limit their production or stop working because of difficulties in accessing to bank credit which led to an increase in the number of unemployed workers and reducing income. Hence, these determinants generated bad effects on the demand of life insurance. Furthermore, the stock market and real estate do not have any signals of recovery which makes insurance companies being more cautious with investment in this area. And last but not least, The Finance Ministry urged the insurance businesses to thrift, cut costs by 5% – 10%, rearrange insurance companies, restructure the insurance market, improve the business insurance effectiveness, risk management, customer care and upgrade competitive capacity. Although 2012 is expected to continue to be a difficult year for the life insurance industry, based on the difficulties of the Vietnamese economy in general, but there are also positive signs bringing new development in insurance market and providing new opportunities for the life insurance industry, especially Prudential: * The impact of a imited credit growth in the banking system is a positive factor to promote extensive cooperation between the banking system and insurance, also a positive signal for the strong improvement of banking and insurance products * The cost of an employer to purchase insurance for employees is calculated on pre-tax costs will set the stage for the life insurance prod ucts take a forward step to businesses. Limitations of the health insurance system with lower benefits will be an opportunity to stimulate the development of life insurance products which have many benefits about high quality health care and health insurance product lines with high value. To sum up, taking good reactions to overcome these difficulties and take advantage of the opportunities above, Prudential will conduct a successful business in 2012. APPENDIX http://www. vii. net. au/Company/BoardofDirectors. spx http://www. investor. prudential. com/phoenix. zhtml? ID=1099317&c=129695&highlight=&p=irol-newsArticle http://thuvienluanvan. com http://timluanvan. com http://www. prudential. com. vn/ Principles of microeconomics (2003 ) – Mankiw Principles of microeconomics 2ed (2001) –Mankiw Economics book 7th John Sloman – Alison Wride GROUP MEMBERS Nguyen Hoang Tuan Anh Le Xuan Chanh Duong Le Hoang Gia Nguyen Kim Khanh Vo Thanh Tung Nguyen Minh Hai

Tituba, Black Witch of Salem: Oppression and Feminism

It is because of this that the most prominent themes of this novel to me are hat of oppression and feminism, which I find to be constantly tied together throughout the novel. Tuba, as well as many other female characters in this book are constantly pushed around and abused simply because they are women. It seems like anytime a women in this novel tries to defend her rights as a human being they are punished for it In the most extreme ways. Tuba's mother Bean Is the first example we see of this type of oppression.As I have previously stated Tuba is a child of rape and it is because of this that Bean has always been distant from her daughter. Bean was a beautiful woman and this tatty gets her unwanted attention from her owner who attempts to rape her. Bean defends herself and fights him off and it is because of this that she is hung and killed. This is where you truly see how being a woman during this time seemed to be a curse because of how little respect and compassion women received from men. Bean Is treated Like she has no rights at all.She is treated Like a piece of property who is supposed to do what she is ordered to do no matter what it is. Simply because Bean decided to defend her rights not only as a woman, but as a human being she is executed. This is one of the reasons why I feel feminism and oppression are constantly linked in this novel, Bean tries to defend herself from not only being raped but from being raped in front of her daughter and has to pay the ultimate price for It. The second a woman tries to stand up for herself she is shutdown Immediately and refused her right to a voice, freedom, and respect. N page 6 Tuba states, â€Å"My mother sorely regretted that I was not a boy. It seemed to her that a women's fate was even more painful than a man's. † When you read this novel it is unfortunate how true that statement proves to be to Tuba and several there women. Women of this time lived in constant fear of the men in their world. When T uba meets John Indian, the spirit of her mother and Mama Way warn her not to fall In love with him or any other man. On page 14 Mama Way tells Tuba, â€Å"Men do not love. They possess. They subjugate. † It is in that moment when you see the first hint of feminism in the book.Mama Way and Bean see that a woman does not need a man and that Tuba should have pride in her independence. To me they seem to act as Tuba's conscience, as if she knows what they are saying to be true but she cannot help but fall into temptation. If only Tuba had listened her future men around them. They give up their own independence for the companionship of a man, which is what Tuba does with John Indian. The men in this novel control the women and the women live in fear of not only the men themselves, but of the men leaving them.There is no sense of power for women without a man by their side. An example of this is Elizabeth Paris' constant fear of her abusive and terrible husband, Samuel Par's. On pa ge 38 Elizabeth shows her fear in a conversation with Tuba, are most fortunate if you believe that a husband can be a pleasing companion ND if touching his hand does not send shivers up your spine. ‘ There she stopped as if she had said too much. † It is this fear that bonds Tuba and Elizabeth giving Tuba her first real bond with a woman other than her mother or Mama Way, which in turn gives her a small sense of comfort.The most prominent character for feminism and oppression in this book is Hester Preen, Tuba's cellmate and the star of the book The Scarlet Letter. I find that Hester is a symbol for feminism and a reminder for Tuba that she does not need John Indian, nor any other man for that matter, to make her strong. Hester is a strong minder of the hardships that women have to face and the consequences of not abiding by the rules that the men have set up for them. She rejects all the ideas that are forced upon women in society, even how women are named.During Hester and Tuba's discussion it dawns on Tuba, â€Å"She was yet another case of a victim being branded guilty. Are women condemned to such a fate in this world? † (page 98). Hester Preen stands as a symbol for feminist thought, hope, and equality for women. The Salem Witch Trials are responsible for many innocent women's deaths. During these trials so many women were wrongfully accused of practicing witchcraft and hey were never even given the chance to defend themselves. All it took was one doubt and the women would be executed.The Salem witch trials took away all the rights of the women accused and stripped them of their voice. Oppression and feminism are constantly butting heads throughout this book. When feminism begins to rise there always seems to be a man or an obstacle waiting to tear it down again. A woman during this time was forbidden from fighting the restraints that were constantly against them. Women were property and had no real rights in the eyes of a man, especial ly a black woman. Tuba faces many struggles during her time. Everything seems to work against her and force her into a world of darkness, tragedy, and despair.Unfortunately Tuba was one of many women who lived in a world ruled by man's law. There was no choice other than to abide by those laws or pay the price with their lives. Unfortunately throughout this novel that is what happened to almost every woman, starting with Bean, then Hester, then the women of the witch trials, and finally Tuba herself. Feminist rights Just simply did not exist in this time but it is the fearless women like the ones shown in this novel that I believe are the reason women have the rights that they do today.

Organization of the Federal Government of Canada

Organization of the Federal Government of Canada Canadian Federal Government Organization Chart A simple way to understand how the Canadian parliamentary system of government is organized is to take a look at its Organization Chart. Canadian Federal Government Institutions For more in-depth information, the Federal Government Organization category covers the major Canadian government institutions - the monarchy, governor general, federal courts, the prime minister, parliament, government departments and agencies. A quick way to find your way around the thousands of pages of information put out by the Canadian government is to use the Canada Online Subject Index to federal government departments and agencies. Once you find the relevant department, most government sites have a search function that will guide you from there. Canadian Federal Government Employees Another valuable piece of information on the Web is the Canadian federal government telephone directory. You can search for individual federal government employees, by department if you like, and it also provides useful inquiry numbers, as well as organization information. Continue: How the Federal Government Works Canadian Federal Government Operations Eugene Forseys How Canadians Govern Themselves is an important introduction to how government works in Canada. It covers the origins of the Canadian parliamentary system and its day-to-day operations, and explains the major differences between the federal and provincial governments in Canada. It also highlights some of the differences between the Canadian and American systems of government. Canadian Federal Government Public Policy For information on public policy and how it is made, try the Policy Research Initiative (PRI). The PRI was started by the Clerk of the Privy Council to strengthen public policy development and information sharing. The Privy Council Office, the public service organization that provides support to the Prime Minister and Cabinet, is a useful source of online publications and information resources on a wide range of current Canadian public policy. The Treasury Board of Canada Secretariat is another good resource for information on the inside operations of the Canadian federal government. Its Web site posts many of the policies and regulations covering human resources, financial management and information technology of the federal government. As an example, this is where youll find information on the Government On-Line Project, the federal governments effort to put its most frequently used services on the Internet. The Speech From the Throne opening each session of Parliament outlines the legislative and policy priorities for the government for the coming session of Parliament. The Prime Ministers Office announces major public policy initiatives introduced by the federal government. Canadian Federal Government Elections To get an overview of Canadian elections, start with Elections in Canada. Youll find additional reference information in Federal Elections, including the results of the last federal election, information on who can vote, the National Register of Electors, federal ridings and Members of Parliament. Continue: Federal Government Services The Canadian federal government provides many different services to individuals and to business, both inside and outside Canada. Here is just a small sample. For more information, check the Government Services category. Citizenship and Immigration Canadian CitizenshipInformation on becoming a Canadian citizen, including applications, test and fees.Immigration to CanadaInformation for those planning to come to Canada, including requirements, how to apply and visas. Contracts and Purchasing Selling to the Canadian Federal GovernmentThe information you need to get the federal government as a client.Government PurchasingAdditional information on both federal and provincial government purchasing policies. Employment and Unemployment Federal Government Employment ServicesGovernment services to help you find work, from job banks to labour market information.Canadian Employment InsuranceIf you lose your job in Canada, youre probably eligible for Canadian Employment Insurance. Heres how to apply and how it works. Retirement Canadian Government PensionsThe Canada Pension Plan (CPP), Old Age Security (OAS) and other Canadian government retirement, survivor and disability pensions.RRSPsOne of the biggest breaks youll get from the Canadian federal government. Taxes Personal Income TaxesInformation to help you complete your Canadian personal income tax return.Business TaxesCanada Revenue Agency information for business. Corporate income tax, Business Number, payroll deductions, importing, and exporting. Travel and Tourism Canadian Travel and TourismFederal government services including border protection, travel safety regulations, tourism offices, management of national parks and government funded museums.Canadian PassportsInstructions on how to apply for a Canadian passport.Canada Customs at the BorderCanadian government customs regulations and services when you or your goods cross the Canadian border. Weather Weather in CanadaEnvironment Canada provides weather forecasts across Canada, as well as safety information on extreme weather conditions and research on climate change.

The Power of Mission and Vision … What’s Yours

The Power of Mission and Vision †¦ What’s Yours Why Have a Mission and Vision Anyway? And What Does It All Mean? Creating a mission and vision statement can be a formidable task. Large companies spend weeks and months on the process. When used to full advantage, a mission and vision truly underlie a company’s business model and become what employees and clients/customers align to. If someone is not excited about the company’s mission and vision, that person is not a good fit for the organization. ActionCOACH, my business coaching company, defines vision as strategic intent- why the entity exists; it is a statement against which all decisions can be measured. Mission, by comparison, is a practical description of how the ultimate vision will be achieved. Of course you can have a mission and vision whether you are a job seeker or a business owner. As you read the story of The Essay Expert’s mission and vision, I invite you to consider what your mission and vision would be. If you create one you like, please share it in the comments. The Essay Expert’s Mission and Vision Journey The Essay Expert did not have a mission statement for probably its first year. When I created one, it sounded right and it stuck (it also was a relatively easy process given that I was the only person who had to approve of it!). Here it is: The Essay Expert works intensively and personally with job seekers, college applicants and companies, to create powerfully written job search and marketing content. Our clients achieve unprecedented success in moving their careers, education and businesses to the next level. That mission statement does state how my company will achieve its ultimate goal. But without a vision statement, that ultimate goal was not defined. Then, last year in a business coaching meeting, Susan Thomson encouraged me to craft a vision statement to complement the mission. The vision I created was this: To empower people and companies to be confident and unstoppable in reaching their goals. This seemed like a statement with a higher purpose and goal that I believe in. And I have been using it. Each time I have considered bringing in a new writer, I have read this mission to them and ask for their thoughts on it, introducing them to the culture of my company. Inevitably, the writers I have chosen for my team have been very committed to contributing to the success of The Essay Expert’s clients. They have been truly aligned with my mission and vision, and I have never had a problem with a writer not being fully committed to The Essay Expert’s clients. Be Careful What You Vision For†¦ However, I have also encountered some issues when I have demanded more time and corrections from my writers than some other resume writing companies they have worked with. Why was this happening? Why were my writers feeling frustrated with my commitment to excellence? Two weeks ago, I discovered through a brief coaching session with Dr. Bob Wright that my company’s mission and vision were part of the problem. They were all about our company’s clients, and not about our team! This was a blind spot for me up until Bob pointed it out, and it was quite a revelation. I now realize that my company’s mission and vision must be not just about the work we do, but about who we are as a company and as human beings working together. To that end, my new vision and mission are â€Å"in progress† and will include something like this: We bring out the best in our clients and each other as a team of writers. We are committed to excellence. We strive to write more effectively, communicate more effectively, and showcase the brilliance in ourselves and in everyone we touch. Can you imagine a company where everyone is aligned with this philosophy? Where we are all working together toward excellence, becoming our best selves while supporting our clients to do the same? That’s a company I would want to work for! What is your mission and vision for yourself or your company? Please share below.

Business Report Essay Example | Topics and Well Written Essays - 2000 words - 3

Business Report - Essay Example This department coordinates the operations of the business. The aim of the firm is to maximize sales to increase revenue. Systems that are in this department include the Sales Recording System, and Business Operation System. The main functions of this department include management of transportation, inventory, warehousing, packaging, and security. Systems in this department include wholesale mode system, security management, warehousing coordination system and inventory system. This department ensures day-to-day supervision of receiving and distribution of funds within the organization. Maintenance of records if also a function here. Systems in this department include the cashier system and database recovery system. High Burry Suppliers has no computer on their premises, and all ordering takes place manually. This results to data loss. The business has no website and uses very little market except the word of mouth. HBS is on the road to becoming one of the top retailers in the country. There are various business information system that needs to be implemented to ensure this status. The first is Schedule Management System. This will help the top leadership in managing their tight schedules. Additionally, the system will be useful in the management of operations. The second is the Price Look-Up System and log-in system. This system will be useful in tracking down all the transactions within the firm. The third is the Operations Manager System. This system will be useful to the sales department since it is involved in the running of day-to-day operations. The system is crucial in making the company more productive and will work in collaboration with the Sales Supervisor System, which will be the fourth system to be implemented. The fifth system to be implemented is the Inventory System. This system will be useful in integrating information, transportation, and inventory. There are many benefits associated with this proposed information system.

Challenges of Mid-level Management Essay Example | Topics and Well Written Essays - 1500 words

Challenges of Mid-level Management - Essay Example Professionalism is required in the health care sector, as with any other field present in modern time. The code of ethics that run every business should be transferred to fields in the health care environment (Jonsen, Siegler & Winslade, 1998). This is to prevent the rise in cases of breach in contract between clients and their care givers. This paper will examine challenges that mid-level management faces when it comes to ethics in the health care environment. Management in many organizations have a daunting task of checking on what their employees do at every turn. However, they should be at the front trying to ensure that the ethical codes in the working environment are followed (Jonsen, Siegler & Winslade, 1998). In doing so, their subordinates will be keen on continuing the trend, making the working place an ethical environment. Furthermore, it will be possible to have a truthful and honest nature among professionals in the field involved (Ransom, Maulik & Nash, 2005). It is imp erative for management to balance between the organization’s needs and their clients’. Failure to do this may imply that there is lack of ethical standards in the organization, leading to a lack of faith in the system (Wheatley, 2006). All decisions made by administrators must be weighed carefully. This is to provide a lasting positive impact on the organization’s revenue, its staff, and patients. This is a tough duty, but one that must be carried to completion, without fail (Wheatley, 2006). One of the core issues that affect health care administrators is the conflict of interest. Here, administrators are brought or weighed down by the fact that; their relationship with financial institutions may force them to make decisions that do not cater to their patients’ desires and wants (Ransom, Maulik & Nash, 2005). This is often seen with the insurance policies that cover patients once they are in for severe cases that warrant medical attention (Jonsen, Siegle r & Winslade, 1998). It is also a common occurrence to see physicians and professional doctors getting into pacts with these financial institutions, which coerce them into getting capital for their institution through patients (Wheatley, 2006). This is sometimes seen through continuous tests and procedures that are unnecessary, and prove costly to the individuals involved. It is up to the health care administrators to restrain and warn physicians from entering into pacts with these financial institutions (Jonsen, Siegler & Winslade, 1998). This is with a rise in the ethical dilemmas the administration is being put through, and the challenge that faces mid-level management in the health care field, in the 21st century (Wheatley, 2006). Another frightening task that comes up is the need to provide appropriate medical care, over the cost of management. Nowadays, it has become common practice for parties in the health care sector to react to the changing economic climate (Fletcher et al . 1997). The weak economy, for example, has a number of non-profit organizations turning uninsured patients away, or even refusing to aid in organ transplant (Morrison, 2011). These financial pressures that emerge daily are restricting the provision of health care services to all, and the non-adherence to the ethical obligations that bind every physician in the field. Systematic policies need to be implemented in hospitals. This is to prevent organizations from taking advantage of individuals who are