Saturday, May 23, 2020

Essay on NIke solutions - 1702 Words

Appendix I C1: Equity = Stock Price x Number of Shares Outstanding = $42.09 X 271.5 = $11,427.435 million C2: Using Adjusted Beta formula: Adjusted Beta = 0.67* historical Beta + 0.33 = 0.67* 0.69 +0.33=0.79 C3: Using CAPM formula: KE = Krf + ß (Km-Krf) = 3.59%+0.79*6.7%=8.89% C4: Using rearranged DGM formula: KE =D1/P0 +g= 0.48(1+5.5%)/42.09 +5.5%=6.7% C5: Using redeemable bond formula: KD: 95.6= 100/ (1+KD/2)40 + 3.375(1-0.38)/(1+KD/2)n KD=4.52% C6: Using WACC formula: Rwacc =4.52*10.19% + 8.89*89.81% = 8.44% C7: average dividend growth rate: g = [0+12.5++ 20+12+8]/4 %=8% (Assumption: In this calculation, the growth rates significantly higher than 20% and negative figure have been ignored.) C8: Using CAPM:†¦show more content†¦* Using CAPM (popular) for calculate Ke KE = KRF + (KM – KRF) x Beta ï‚ · Beta: is seen as an ‘index of responsiveness’ of changes in a security’s returns relative to changes in returns on the market, in this case is sport utility industry) (In Exhibit 4 of Nike Inc., given from 1996 is Average beta = 0.80, beta in 2001 is 0.69) ï‚ · KRF: risk free rate ï‚ · (KM - KRF) : Risk market premium ï‚ · KM: Return on market. Using KRF = Profitability rate of Government bonds (U.S. Treasury), in Exhibit 4 we have U.S Treasury 20-year ïÆ' ¨ KRF= 5.74% According to Joana Cohen, she got risk premium = 5.90% (in Exhibit 4: geometric mean = 5.90%, arithmetic mean = 7.50%) Because of arithmetic mean is better for one-year period estimated expected returns, while geometric mean is better for long-term period valuation. So, for long life valuation, we can find stable valuation (Jacquier et al., 2003). That’s the answer for Joana Cohen choses geometric mean for her calculated. Joanna Cohen calculated: KE = 5.74% + 5.90% x 0.80 = 10.46% ( rounding 10.5%) Cohen uses average beta from 1996 to July 2001, 0.80 to be the measure of systematic risk, but we need to find out a beta that is most representative to future beta. As such, most recent beta is the best choice in this situation (Sharpe, 1995). So most recent beta estimate is recent beta at 06 June 2001 is 0.69. We have : KE = 5.74% +Show MoreRelatedNike Hrm Issues and Solutions5308 Words   |  22 PagesHBH225N Human Resource Management Semester 02/2012 Individual Assignment Nike – Human Resource Management Issues and Solutions Due Date: Friday, 30. November 2012 By Katharina Pilgrim, ID: 4310187 Executive Summary In 1964 a company known back then as Blue Ribbon Sports was founded by Bill Bowerman and Phil Knight. 14 years later the US American multinational corporation officially became Nike, Inc., which is up to today engaged in the development, design and international marketingRead MoreNike Case Solution Essay1264 Words   |  6 PagesTopic: Nike Inc.: Cost of Capital Course: International Finance Table of Contents 1 Background Information on the Case: 3 1.1 Nike’s Performance: 3 1.2 Nike Analysts Meeting June 28, 2001: 3 2 Kimi Ford’s Evaluation of Nike: 3 3 Joanna Cohen’s Calculation of Nike’s Cost of Capital: 3 3.1 Assumptions amp; Calculations: 3 4 Our Calculation: 4 4.1 Cost of common equity 4 4.2 Cost of debt 4 4.3 Weights of Debt and Equity 4 4.4 WACC 5 4.5 Equity Value of ShareRead MoreNike Business Case Study1380 Words   |  6 PagesEven though every company should act ethically correct, not everyone does and Nike is a great example of that. Nike is a company who grew fast and looked for a cheap way to manufacture their products, by manufacturing overseas. Nike had a strong start but when people started protesting the company and their name was being dragged, they acted fast to recover to be the huge business they are today. Background The company Nike was founded in 1962 by Stanford University business graduate, Philip KnightRead MoreSwot Analysis Of Nike s Marketing Strategy1543 Words   |  7 Pagesapplying diversification strategy and being successful in diversification is Nike, Inc. This paper discusses Nike’s diversification strategies and how the company succeeds in using it. Along with corporate level strategy, this paper also touches upon the international strategy that Nike uses. Key Tie-Ins †¢ Diversification strategy †¢ International strategy Nike Diversification Strategy Upon first glance it is not very obvious that Nike employs diversification in their overall corporate strategy. The companyRead MoreHow Does Nike Improve The Quality And Reduce Carbon Emissions?1345 Words   |  6 Pagesbecome the most significant environmental issues. It can be said that those affect community, occupational health and safety, and workforce development. Thus, Nike appreciates and follows ongoing improvement in these areas as can be seen throughout this report. Based on energy and GHG emissions, there is dramatic impact of climate change, so Nike sets a new plan with scientific program to improve the quality and to reduce carbon emissions. In the past, the company’s material stage of value chain andRead MoreNike : A Global Fashion And Sport Icon1632 Words   |  7 Pages Nike a global fashion and sport icon to the world is branded as one of if not the best athletic company in the world. Nike produces athletic gear for every sport imaginable. They are known as well for there one of a kind products but as well as the brand that the best athletics wear and advertise for. The founders of Nike Phil Knight and Bill Bowerman meet when Bill Bowerman was the training coach for Phil Knight when he ran track for Oregon. It was there at the University of Oregon where Bill BowermanRead MoreNike s Code Of Conduct934 Words   |  4 PagesIn addition, Nike, Inc.’s Code of Conduct also states that its subcontractors must provide â€Å"a safe, hygienic and healthy workplace setting and [take the] necessary steps to prevent accidents and [injuries] [†¦]† (Nike, Inc.,†Code of Conduct†). In 2013, following another company’s factory catching fire in Bangladesh, killing 112 people in the process, two of Nike’s vice-presidents f lew to Bangladesh to assess the situation in their own factories (Banjo). Seeing as their buildings were not safe, theRead MoreAn Athletic Apparel And Fashion Business Essay783 Words   |  4 Pagesproducts† (Briggs and Swiatek 2016). Finish Line sells Nike, Adidas, and Under Armour products, but â€Å"both Nike Inc. and Under Armour Inc. are growing their direct-to-consumer sales at a pace of more than 25 percent a year† (Briggs and Swiatek 2016). This is a major threat to the company because the sales of the company will decrease dramatically when Nike and Under Armour increase their direct-to-consumer sales. If Finish Line does not come up with a solution to deal with this threat, the company will eventuallyRead MoreUnder Armour Case Analysis1468 Words   |  6 Pagesclosure of Sports Authority in the last year, companies such as Nike and Under Armour, have seen a large decrease instead of once thought of as an ongoing increase to their profits lately. One attribut ing factor for this, is the vast amounts of inventory that has been accumulated from the closure of these stores, but another issue, is the ongoing trend of less brick and mortar shopping. This has been an issue for some time and Nike and others have been making decisions to sell their products by otherRead MoreNike s Competitive Forces And Value Chain Models1769 Words   |  8 PagesSession: Technology: Nike becomes a technology company (Page 105-7) answer the questions 1-3. 1. Evaluate Nike using the competitive forces and value chain models. Nike has a distinguishment then other its competitors. It provides sport products for children in more than one field in sport. Also, Nike alway tries to develop its product which gives Nike a strong reputation. For this reason it is difficult for competitors excel Nike. The combination of products and services gave Nike a competitive edge

Tuesday, May 12, 2020

A Executive Director Of Advertising Essay - 2098 Words

MediaWorld, a national media communication company recently acquired Franklin/Warner a regional advertising company. This managing change scenario relates to the business, cultural, and interpersonal integration of the two organizations. Carlos Alarcon is Vice President of Marketing and responsible for a team of 120 people. Carlos has over 20 years of managerial experience. Prior to MediaWorld, he worked 14 years at Franklin/Warner and is a key player in the organization and management of the merger between MediaWorld and Franklin/Warner [MHS, Profiles]. In his span of control are Rita Finch and Juan Rayes, both who were from Franklin/Warner and worked under Carlos Alarcon for nearly a decade. Rita Finch is an Associate Director of Advertising and has over eleven years, in the advertising industry. Currently, Rita shares her office suite with her counterpart from MediaWorld Ronny Peters, who is also an Associate Director of Advertising. This arrangement has been in place over the past six months. Juan Rayes is a Creative Director with 14 years of experience in the advertising industry. Like Rita, he too shares an office suite with his MediaWorld counterpart Creative Director, Bill Jackson [MHS, Profiles]. During this period, both Rita Finch and Juan Rayes experienced negative events that caused turmoil in their way of working and in their relationships with their new co-workers Ronny Peters and Bill Jackson. This arrangement presented an opportunity for Carlos to useShow MoreRelatedWriting Effective Communication 05002100 Essay1339 Words   |  6 PagesPart A: Interoffice memorandum Step 1 †¢ How large is the agency? How many branches does it have? Where are the branches located? Phoenix Advertising has approximately 250 employees. We have six branches in addition to our Charlotte, NC office: Salt Lake City, UT; Roanoke, VA; New York, NY; Denver, CO; Seattle, WA; San Francisco, CA. †¢ Whats the companys mission? How does each branch relate to that mission? Our Mission: To provide you with the highest quality marketing materials thatRead MorePhase 2 Individual Project - Organizational Structure1115 Words   |  5 Pagesexception; they are a more centralized structure however, their information cascades from the Board of Directors to Store level employees. Best Buy has a Board of Directors that is elected by the shareholders to oversee their business and affairs. The Board not only counsels the management but advises and oversees the company’s long term interest. Next you have 4 committees under the Board of Directors that consist of the members that focus on specific areas. Then you have the Corporate Officers thatRead MoreKraft Foods Memo Essay771 Words   |  4 PagesDavid Smith, CEO Copy: David Johnson, CEO of North America; Donna King, Investor Relations Director; Jane Houston, General Counsel; Matt Conrad, Advertising and Marketing Director; Michael Mudd, Obesity Strategy Director From: Alex Murray, Communication Director Subject: Advertising campaigns led to increase in child obesity In response to critic about targeting children under 12 in advertising unhealthy food which lead to the increase of childhood obesity, Kraft announced not to advertiseRead MoreBusiness Management1669 Words   |  7 Pages PHOENIX ADVERTISING Roanoke Branch of Virginia 111 Main Street Roanoke, VA0002-0002 Phone: 1800-201-1111 Fax: 1800-222-2100 April1, 2010 Executive Team Phoenix Advertising 111 Main Street Charlotte, NC 0001-0001 Dear Executive team: Until recently, the RoanokeRead MoreYahoo! Case Study1211 Words   |  5 PagesGross Profit $3,756.58 †¢ Net Income $751.39 B. Strategic Posture In December 2006, Chairman and CEO, Terry Semel announced the reorganization of Yahoo. The focus of this reorganization was to make major changes in Top Management / Executive Team. Semel’s reorganization strategy 1. Mission: †¢ To connect people to their passions, their communities and the world’s knowledge. (Yahoo SEC 2006 Annual Report, www.yahoo.com) †¢ Yahoo intends to bring Internet users backRead MoreEssay on Spiers Travel Agency1689 Words   |  7 Pageshierarchy within this chart is the CEO, who is the person that is in charger of all departments and employees within the company. However, under the CEO is the vice-president of the marketing department, vice-president of research and development, and director of employee development. Firstly, the vice-president of the marking department is the overseer of the sales and advertisement mangers. This department maintains the client sales and along with outstanding customer services. Secondly, the vice-presidentRead MoreDeveloping A Schedule. Where Do You Begin To Prepare Your1552 Words   |  7 PagesDeveloping a schedule Where do you begin to prepare your advertising schedule? The best point of reference is the creative or advertising brief. Here, you will be given a direction on how long the campaign should run for, when it should begin and when it should end, along with other relevant information. You may choose to run it over days, weeks, months or even years. Regardless of which option you select, the length and timing of the campaign will be determined by the targets set by the originalRead MoreOrganizational Structure716 Words   |  3 Pagesutilizes Hierarchal structure comprised of 11 executives in all. The company has a CEO, 6 Directors, a Chief Financial Officer, Chief Operating Officer, Legal amp; Secretary, and Bakery (The Official Board.Com). Steak n Shake utilizes a Hierarchal structure also comprised of 6 executives, which is the CEO, Vice Chairman of the board, 2 directors, Vice President and Control (The Official Board.Com). Burger King has 22 executives comprised of a CEO, 8 directors, a Chief Financial Officer(CFO), Human ResourcesRead MoreThe Mission Of The Accounting And Financial Functional Area1266 Words   |  6 Pagesimportant to note that from the very beginning we have a duty to ethically operate our functional area and the business. To that end we have modeled our code of ethics on that of the bank J.P. Morgan Chase: This Code of Ethics applies to the Chief Executive Officer, President, Chief Financial Officer, and Chief Accounting Officer of {our business name}. (the firm) and to all other professionals of the firm worldwide serving in a finance, accounting, corporate treasury, tax or investor relations roleRead MoreOrganizational Paper742 Words   |  3 Pagesutilizes Hierarchal structure comprised of 11 executives in all. The company has a CEO, 6 Directors, a Chief Financial Officer, Chief Operating Officer, Legal amp; Secretary, and Bakery (The Official Board.Com). Steak n Shake utilizes a Hierarchal structure also comprised of 6 executives, which is the CEO, Vice Chairman of the board, 2 directors, Vice President and Control (The Official Board.Com). Burger King has 22 executives comprised of a CEO, 8 directors, a Chief Financial Officer(CFO), Human Resources

Wednesday, May 6, 2020

Xiaojiji Free Essays

Today Im goanna talk about the difference between college applications in America and that in China. First of all, the requirement. In America we need a lot of things to apply to colleges, such as GAP SAT Recommendations essays and all sorts of things that can reflect you as a person. We will write a custom essay sample on Xiaojiji or any similar topic only for you Order Now In china all we need is to take one entrance exam, called okay, which takes place once a year. It includes four subjects, math, Chinese, English, science. Each college has a particular score you have to get on that test in order to get in. K Advantages. In china, the system Is fair because everyone will be taking the same test. No matter who you are, you score will be based only on how well you did on that test. And whether you can get in colleges or not Is based solely on that score you get. So everyone has the same chance. In America, students are valued based on overall qualities, so whether we can get In college or not Is based on our abilities as a person rather than as a student. Also since we students are valued on so many things, we eave more opportunities to make our profiles look stronger, as opposed to that In china, where we only have one chance for that test. K now lets talk about disadvantages. In china, to prepare for the entrance test Is very time-consuming. It usually takes three years to prepare for that test. Also the fact that It takes place only once a year makes It harder and more overwhelming. The disadvantage In America Is Its nontransparent, for there Is really no uniform standard of acceptance. We do not really how the decisions are made by admissions There are different causes behind each system. In china, the population Is large, so colleges do not have the split to get to know each of the students Like the way American colleges do. Also since almost all colleges are public colleges In china, we need to a uniform standard to everyone. In America, people come from diverse cultures, so It Is necessary to get to know each student. Also since most colleges are private-owned In America, the admissions have the absolute right to make decisions. K Advantages. N china, the system is fair because everyone will be taking the same test. And whether you can get in colleges or not is based solely on that score you get. Qualities, so whether we can get in college or not is based on our abilities as a person have more opportunities to make our profiles look stronger, as opposed to that in K now lets talk about disadvantages. In china, to prepare for the entrance test is fact that it tak es place only once a year makes it harder and more overwhelming. The disadvantage in America is its nontransparent, for there is really no uniform tankard of acceptance. We do not really how the decisions are made by admissions There are different causes behind each system. In china, the population is large, so colleges do not have the spirit to get to know each of the students like the way American colleges do. Also since almost all colleges are public colleges in china, we cultures, so it is necessary to get to know each student. Also since most colleges are private-owned in America, the admissions have the absolute right to make decisions. How to cite Xiaojiji, Papers

Sunday, May 3, 2020

Symbolism In The Birthmark Essay Research Paper free essay sample

Symbolism In The Birthmark Essay, Research Paper Hawthorne? s Contemporary Mind There have been many authors who have astonished the literary universe with their constellation of short narratives, but none of them have perfected the art every bit good as Nathaniel Hawthorne. Hawthorne wrote in a clip period when Fredrick Douglas was paving the route to racial freedom, Ralph Waldo Emerson wanted to universe to be seen through the transparent orb, and Henry David Thoreau was populating the unchained life. In comparing to the modern Hagiographas of his clip, Hawthorne? s manner was viewed as out-of-date ; however, Hawthorne addressed modern issues in the symbols and subjects of his narratives. Through the usage of symbols and subjects, the short narrative, ? The Birthmark? , is the best illustration of Hawthorne stand foring modern issues. Through his usage of symbolism, Hawthorne addresses the issue of the fatal defect of humanity that nature imposes upon everyone. He addresses the issue of adult male manipulating nature through the subject of the narrative. While some might hold viewed Hawthorne? s composing manner as out-of-date, he focused on issues that are modern and modern-day to his clip. The modern issue of adult male? s ability to pull strings nature, and the consequences of that use, is seen in a scientist? s compulsion with perfecting nature. Through hubby? s compulsion with honing his married woman, Hawthorne conveys the modern issue of adult male? s ability to command nature. The cardinal characters in Hawthorne? s narrative, ? The Birthmark, ? are Aylmer and Georgiana. Aylmer and Georgina are in love, yet there is a turn to the love that Aylmer possess for his married woman. Georgina is perfect in every manner, except for one bantam defect on her cheek. Nature has imposed upon her a bantam ruddy nevus, which is the obstruction in the love that Aylmer has for Georgiana. As a scientist, Aylmer is obsessed with the act of pull stringsing nature, this compulsion is blossomed with the imperfectness that Georgiana posses. Sing her otherwise so perfect, he found this one defect turn more and more unbearable with every minute of their united lives ( 2226 ) . Aylmer can non stand the idea of a animal being virtually perfect that he must happen a manner to free Georgiana of her nevus. No dearest Georgiana, you came so close perfect signifier the custodies of Nature that this slightest possible defect-which we hesitate whether to term a defect or a beauty-shocks me as being the seeable grade of crude imperfectness ( 2225 ) . Aylmer? s compulsion with Georgiana? s? earthly imperfectness? leads to the eventual ruin of both of them. Aylmer finds the remedy for his married woman? s one defect and administers the potion to her. The administering of this potion provides the power and ability to command and alter nature. The ruby manus, which at number one has been strongly seeable upon the marble lividness of Georgiana? s cheek, now grew more faintly outlined. She remained non less pale so of all time ; but the nevus, with every breath that came and went lost slightly of its former sharpness ( 2235 ) . With the inhaling and exhaling of every breath that Georgiana took, non merely did the nevus slice, but besides so did the life within her. Aylmer? s compulsion with manipulating nature was the eventual ruin of his true love. Hawthorne shows the reader the modern issue that nature will ever win in the terminal. Man may hold the ability to pull strings nature, but adult male will neer come out as the master. Hawthorne non merely conveys modern issues through the subject of his narrative, but he besides uses symbols to show modern-day issues. The most of import symbol in, ? The Birthmark? , that shows modern idea is the nevus on Georgiana? s cheek. Georgiana exceeding intimacy to flawlessness is undermined by the grade on her cheek. This grade symbolizes the fatal defect that all of nature? s creatures posses. It was the fatal defect of humanity which Nature, in one manner or another, stamps ineffaceably on all her production, either to connote that they are impermanent and finite, or that their flawlessness must be wrought by labor and hurting ( 2226 ) . Nothing and no 1 is perfect. Perfection is a dream that Aylmer tries to do world. The nevus represents Georgiana? s ability to be mortal and wickedness. Aylmer finally rids Georgiana of the ability to be immortal and hence she dies. In typifying the nevus as the fatal defect of humanity, Hawthorne is exemplifying the modern issue that non even nature is perfect, and all the animals from nature can non be faultless. The nevus has mentions to life, decease, beauty, and disgust all of which are fatal defects that nature imposes on her creative activities. Another symbol that shows modern issues in Hawthorne? s authorship is Georgiana herself. Georgiana? s pure religion symbolizes the modern issue of work forces commanding adult females. Aylmer is non merely seeking to pull strings and rule nature, but he is seeking to command Georgiana. These inquiries had such a peculiar impetus that Georgiana began to speculate that she was already subjected to certain physical influences, either breathed in with the fragrant air or taken with her nutrient ( 2231 ) . Without his married woman? s cognition, Aylmer manipulates Georgiana with outside influences, which will finally liberate them of the? ruby manus? that has plagued their lives. Hawthorne plays with the modern-day issue of adult male? s demand to rule adult females. Riding her of the nevus allows Aylmer to rule his married woman. Hawthorne besides uses this subject in the narrative, ? Rappaccini? s Daughter? . Rappaccini? s male parent and Aylmer use their adult females as experiments. The adult females in their lives are no longer a human being but a specimen to be studied and controlled. The manner of Hawthorne? s authorship has been deemed as outdated by some literary critics, but if they would look deeper they would happen a head filled with modern-day ideas. These ideas are most significantly conveyed in his short narrative, ? The Birthmark? . Through the usage of symbols, Hawthorne addresses the issues of adult male? s fatal defect from the custodies nature, while he uses the subject of his narrative to do cognizant that nature can non be manipulated. Unlike Thoreau, Hawthorne wanted people to recognize that nature is non perfect and should non be used as a channel for spiritualty. What they could hold on that nature should non be manipulated and controlled.

Thursday, March 26, 2020

Anne Frank Biography and the Short Story Line Essay Example

Anne Frank Biography and the Short Story Line Paper Annelies Marie Frank (the full name of Anne Frank) was born on June 12, 1929 in Frankfurt am Main, Germany. Her parents were Otto and Edith Frank. Anne was the second daughter; her sister Margot was three years older. Anne’s father worked at his family’s bank. Her mothers job was to take care of everything at home. Margot and Anne were carefree girls and they had many friends in their neighborhood. However, their parents were worried. Adolf Hitler and his party had made the Jews the scapegoat for all of Germanys social and economic problems. The anti-Semitism in the country was growing. At the beginning of 1933, the Nationalsozialistische Deutsche Arbeiterpartei (NSDAP or Nazi party) came to power in Germany. Adolf Hitler, the leader of this party, becom Chancellor. He was responsible for the new government. Before very long, there was discrimination against Jews. Germany changed from a democracy into a dictatorship. Anne’s parents no longer felt safe. Otto Frank’s bank was also in financial trouble because of the worldwide economic crisis. Otto and Edith Frank decided to leave Germany. The Frank family went to the Netherlands in the summer of 1933. Anne’s father had the opportunity to set up a company in Amsterdam that sold Opekta (an ingredient used for making jam). During that period, Anne and Margot stayed with their Grandmother who lived in Aachen, Germany. Their mother commuted to and from Amsterdam trying to find the family a place to live. In their now home in Amsterdam, the Frank Family felt free and safe, until the German Army invaded the Netherlands on May 10, 1940. The Occupation of the Netherlands began on May 15, 1940. We will write a custom essay sample on Anne Frank Biography and the Short Story Line specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Anne Frank Biography and the Short Story Line specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Anne Frank Biography and the Short Story Line specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The discrimination against the Jews began then as well: Jews couldnt own their own businesses, Jewish children had to go to Jewish schools, all Jews had to wear a yellow star, and countless other restrictions. There were even rumors that the Jews would be packed off to Germany. The rumors that Jews would have to go to Germany, just like thousands of other Jews living in Europe, were true, The Nazis planned to send all the Jews to work camps in Germany. In 14. 06. 1942, Annes 13 birthday, she received a lot of gifts, one of them was a diary from her parents, she on him the letters to her imagination friend- Kitty. Three month after Anne’s birth- day Margot receives a call-up to Westerbork camp, with the threat that the entire family will be arrested if Margot does not report. The Frank family was frightened from that letter and they decided to do something. So in 9. 7. 1942 Anne and her family (Otto, Edith, and Margot) went to a hiding place in Ottos work building. In the building’s Annexe Otto and some of him friends at work (Miep Gies, Elisabeth (Bep) Voskuijl, Johannes Kleimwn, and Victor Kugler) created a place for two families to stay for a while until the end of the war. After a week the van Daan Family (Hermenn, Petronella, and Peter) joined them at the Annexe. The Annexe was split, the Franks in the first floor- Otto, Edith, and Margot in one room and Anne in the second and the van Daans in the second floor Hermenn and Petronella in one room (that also was the dining room and the kitchen), and Peter was in the second room (that also was the way to go up- stairs to the attic). After a while the Nazis started to look for hiding Jews all over Amsterdam, so one of the helpers build a bookcase (that can move) to hide the doorway to the Annexe. The time passed and the seven hiding people decided that they have enough room and food to hide another person, so they asked Miep (another one of their helpers) to fined some one she knows and need a place to hide in. Miep did find a man (44 years old) named Albert Dussel. Albert joined the Annexe in 10. 11. 42 to share Annes room. Wail the eight of them were in the Annexe, downstairs people were working; only the helpers know that there were people in hiding upstairs, so the hiding people had to not move and not toke (if it is necessary, to whisper) all of the work hours. Their helpers brought the hiding people food. At the beginning they had enough food for three meals. But as the time passed they had problems getting food for all eight people. At the last six- five month they had only one glass of porridge for breakfast, a bit of lettuce and brown beans (even rotten) for lunch, and for dinner the same. In 25 on May 1944 Anne wrote to her dairy: Mother says well skip breakfast, eat porridge and bread for lunch and fried potatoes for dinner and, if possible, vegetables or lettuce once or twice a week. Thats all there is

Friday, March 6, 2020

Study of Professional development for strategic managers The WritePass Journal

Study of Professional development for strategic managers Study of Professional development for strategic managers IntroductionTASK 1: PERSONAL AND PROFESSIONAL SKILLS REVIEWActivity 1:   Personal Skills ReviewStress Management Time Management .Assertiveness Activity 2:   Professional Skills Review   Coaching SkillsLeadership SkillsMulti-tasking SkillTASK 2: PERSONAL DEVELOPMENT PLANNINGActivity 1:   Personal AuditA. Group sharing on Professional and Personal Life ExperiencesC.  Ã‚  Ã‚  Ã‚   Professional and Personal Audit  Ã‚   (1 is weakest ; 5 is strongest)Activity 2:   Progression PlanA. Personal SWOT AnalysisB. Development PlanSkills Audit:   Identifying Areas to ImproveThe Monitoring ProcessBIBLIOGRAPHYRelated Introduction TASK 1: PERSONAL AND PROFESSIONAL SKILLS REVIEW This assignment will examine my personal and professional skills through my own evaluation and assessment of my colleagues.   The purpose of the assessment is to identify my weaknesses and strengths. It also helps in identifying some techniques to improve and enhance my skills.   This will be analysed through the accomplishment of personal audit. Activity 1:   Personal Skills Review Stress Management According to Lazarus and Folkman (1984) stress is a result of the imbalance between demands and resources or when pressure exceeds one’s ability to cope.   Stress management was developed on the idea that stress is not the result of a stressor but rather on one’s capability to cope and the ability to respond to it. Also, if the person possesses or can use adequate coping skills, then stress may not actually be a result or develop because of the stressor. In my personal experience, I have learned to face damaging challenges at home and in the workplace. When I am anxious I think of some activities to help release the tension.   I exercise regularly.   Regular physical activity is very effective in fighting stress.   There are a lot of physical activities that is very effective in distressing. I just choose a particular activity that suits my personality otherwise it will just add to the heavy load of emotional burden. I find some activities like jogging, brisk walking, cycling and aerobics dancing fun and enjoyable when participated with people I am comfortable to be with.   My other ways of fighting stress and anxiety is to be in the company with happy people. According to Hargreaves, (1998) stress is expensive.   Stress related illness leads towards the increase of financial cost.   For example when I become sick due to stress related illness at work, my medication was shouldered by the management. I was also paid with my whole salary during the period that I was absent from work. These are one of the cases where stress related illness added cost for the company. . Time Management . Manktelow (2006) writes that the starting point for effective time management is to set priorities.   When I am faced with a variety of choices competing for my attention and time I prioritize things because it will help me decide which path to take.   Setting my goals help me identify and focus on my priorities that help me evaluate what needs to be done first. By doing this, I can do things easily and use time effectively. Susan Ward (2011) has pointed out five (5) time management techniques which I have practiced.   These are: Recognize you can’t do it all:   I decide what roles and activities are important.   The important thing is, I am happy and healthy the way I am spending my time. I don’t force myself into doing things I don’t like to please other people. Prioritize:   I plan things and review my list of what to do on a particular day and what things that must be done.   I give attention on the most important activity on hand. Learn to say â€Å"Yes† and â€Å"No†: When I am ask to commit on something, I would say â€Å"no† if I really can’t and â€Å"yes† if it’s equally important to me. Unplug:   There are times when it’s important or useful not to â€Å"be connected† all the time. Recognize what situation must be given attention and disregard things that appear to be nuisance. Take time off: Weekend is my personal and family day.   If I need to be with my family, I set time for them.   I also allow myself to take some refreshing time alone with my friends. Good time management helps me control my time and life.   I have maintained a balanced work and personal activities.   This gave me flexibility in dealing with challenges in life and respond to new opportunities. Assertiveness Winstanley (2005) wrote that assertiveness is expressing your needs, your wants, opinions, feelings and beliefs and get these met in direct, honest and subtle way.   It is also respecting the needs of the other party. Though I speak out my opinion at times, it will only come out as that because I don’t assert enough to get what I want. In my experience, my promotion to Human Resource Management Officer II, at the Human Resource Department of the Livelihood Corporation was delayed because I was too shy to ask my manager to send me to a one week external training program. I was not able to attend the scheduled training program and had to wait for months for it to be conducted again.  Ã‚   I eventually got promoted only after 6 months of waiting.   It could be much earlier if I had been assertive. According to Cooper (2008), there are some techniques that can provide you with the opportunity to slide up or slide down in an attempt to assert your personal views or opinion: To Slide Down:   This is being able to communicate our feelings and thoughts in an open and direct way, showing respect of the rights and feelings of others and them to respect our own. Empathy: It understands the depth of another person’s feelings.   Active listening:   It is giving importance to the other person’s point of view. Focus on facts and issues (not the person): Being objective and not subjective Good quality questions: Ask questions relative to the issue Being non-emotional: Being professional in dealing with the matter To Slide Up:   Ã‚  Is defined as showing rage, aggressive body language and forcing other people to do what you want. Body and hand language: shows aggressiveness Eye contact: insisting and compelling Facial expressions: indicates dominance Pace, tone and volume of speech: argumentative Directness of language: no respect Assertiveness is a mutual and open exchange of views and understanding.   The slide down technique must be used all the time when assertiveness is needed to be projected in dealing with other people in common circumstances. Activity 2:   Professional Skills Review   Coaching Skills It is the responsibility of the human resource manager to produce a well trained and motivated work force in the organization.   Employees’ knowledge and skills needs to be continuously improved to perform productively to achieve personal and organizational goals. . Maharlika, Complex is a subsidiary of the Livelihood Corporation, a government owned and controlled corporation.   The company is engaged in providing financial aid to farmers and help these farmers sell their agricultural goods in the market. The employees of Maharlika Complex.,are monitoring the progress of the vendors (farmers) in the market to ensure that these farmers will be able to pay the loaned amount from the company.   This is the government’s way of helping small farmers augment their living, helping them financially from planting to selling their products. Counselling and mentoring are conducted by Maharlika employees to the farmers and vendors.   More of the counselling was given to farmers whose plantations were devastated by natural disaster.   It helps to motivate them cultivate their lands to have better produce.   The employees were effective in their counselling skills and able to uplift the self-esteem of the farmers. They are good in counselling because they were trained and coached how to do it professionally by their mentors. Having worked at the Livelihood Corporation, I have observed how the project manager of Maharlika Complex effectively exercises her coaching style. She has the ability to communicate with people well with good understanding to varying traits and attitude of each individual working for the company. The manager has effectively managed to apply the coaching cycle of Cooper (2008), in her attempt to teach the staff with new skills and learning as ways of motivating them to perform at their best. The Coaching Cycle The cycle starts with telling the employees of what, how and why a particular task needs to be done.   Showing how a task should be done is optional, giving the person the leeway to perform in his own convenience and style.   In order for the employees to be competent and confident to do or start a new task, they are given the opportunity to practice what has been learned through coaching.   The manager coach then monitors and observes the performance level of each individual and assess in what areas there is a need to be improved.   After assessment a constructive feedback is facilitated where the discussion between the coach and the individual is light and a two-way process. According to Armstrong, S. and Mitchell, B. (2008) employees want mentoring in two areas: (1) the skill they need to succeed in the job and (2) the skills they need to build a satisfying career. The skills they need to succeed in the job are mentored through on going training and development where the professional experience of the manager is applied in one-on-one coaching.   Ã‚  The new employees of Maharlika Complex were closely monitored by their mentors who know the job they were doing, and willing to take them by the hand then teach and lead them to a new defined skill for future career advancement. It stimulates enthusiasm and energy so that the employees keep moving forward towards their goals (Merlevede, P.E. and Bridoux,D.C, 2004). Leadership Skills In the writings of Hersey and Blanchard (n.d.) a Participative Leader seeks to involve other people in the process, including subordinates, peers, and superior. Often, however, as it is within the managers whim to give or deny control to his or her subordinates, most participative activity is within the immediate team. The question of how much influence others are given thus may vary on the managers preferences and beliefs, and a whole spectrum of participation is possible. The department managers of Maharlika Complex exercised different styles of leadership in their assigned areas.   In the case of the Project Manager he has been very successful in being slightly autocratic because he has the full knowledge of how a task or project is to be accomplished.  Ã‚   The project manager is not over using his capacity by controlling every movement of his subordinates.   He listens to some suggestions  Ã‚   and even considered implementation of the suggestion if found to be beneficial for the project, the department and the organization as a whole.   The human resource manager in the other hand projects a participative leadership where she as the manager shared leadership with the staff members. This gives employees the feeling of satisfaction when some responsibilities are placed in their care.   Shared leadership is like a partnership between the manager and the employees for the purposes of developing a motivated and co-operative working environm ent. The management of Maharlika Complex is developing employees that have potentials to become good leaders.   Some of the company’s employees have the leadership skills.  Ã‚   The managers are encouraging these people to work hard and develop their leadership skills not only for their personal and professional growth but also for the benefit of the company. Regular counselling was conducted to boost the self-esteem of the employees. An effective counselling eliminates an undesirable behavioural aspect of an individual and creates a positive attitudinal character. Good leaders have confidence and the natural characteristic of influencing other people. These leadership skills are being taught by the managers to their staff for them to develop to become good mentors and leaders in the future. The management of Maharlika has adapted the 7 steps to ensure an effective mentoring relationship as researched by Merlevede and Bridoux (2003).   The following steps are: first step is â€Å"choosing a protà ©gà ©Ã¢â‚¬  where the leader chooses to mentor a person because the leader knows there is a lot of potential present in that person. second step is â€Å"connecting†, where the mentor and the protà ©gà © would establish relationship skills, and rapport to ensure that mentoring will run smoothly.   third step is â€Å"outlining the relationship† that once certain level of trust is achieved the mentor figures out what the mentoring will be about.   fourth step is â€Å"getting to the bottom of it† where the mentor identifies what might have caused for a protà ©gà © from achieving goals and then to take some actions for the protà ©gà © to come close to the goal.   fifth step is â€Å"concrete action† where the mentor sees the protà ©gà © taking his own destiny in his own hands and not relying or depending on his mentor. sixth step is â€Å"following up† where the mentor can ask questions to the protà ©gà © to know how the mentoring was absorbed. seventh step is â€Å"get out of the way† is the period in time for the mentor and the protà ©gà © to part ways letting the protà ©gà © to loose and ready to face new challenges on his own. Multi-tasking Skill Multi-tasking is the ability of an individual to perform multiple tasks all at the same time.   It is not only limited to the managers to do multi tasking, but it is also performed by the people from the ranks.   It is performing loads of tasks in a limited period of time.   To get better results and output from an individual performing multi task, he should be prepared and willing to do the job, well trained to perform it, and he must love to do it.   Only a motivated individual can successfully accomplish and produce good output from loads of responsibilities placed on his shoulder.   Otherwise, if the management will assign multiple tasks to an individual who is half hearted to perform it, the quality of the results will suffer. Maharlika Complex once implemented multi tasking when the management decided to stream down the workforce.   The employees were given the option if they wanted to stay or settle for early retirement.   Most of the older personnel opted to be paid off.   The jobs they left were distributed to the employees who stayed.   The personnel manager looks into the job function of each employee and distributed these jobs to employees having the same function.   In this case, the employee did not find it difficult to perform because of its similar skill needed to perform the task.   Adjustment was made and eventually the multi tasking works.   It saved time and cost and the employees were motivated to work efficiently because the managers themselves were also performing the same. There was little mentoring done on the employees that were left behind.   It is because the new tasks that were added to their responsibility were similar or hold the same function with the task they perform.  Ã‚   The counselling and mentoring were concentrated on how to manage their time effectively and deal with stress. The counselling was intensive because of the additional workload added to their responsibility.   A group counselling was conducted twice a month to ease tension and stress for the employees doing the multi-tasking.   As part of the counselling session, a time management seminar was also conducted.   It is to help employees identify goals and learn to prioritize activities to get things done effectively.   They were also counselled and mentored to keep diaries of planned activities to avoid missing important tasks. With the effective counselling technique the employees of Maharlika Complex were motivated and committed to the tasks assigned to them.   Mentorship was also emphasized to develop the leadership potential of the employees. TASK 2: PERSONAL DEVELOPMENT PLANNING This group activity will help me and my co-group members to identify our strengths and weaknesses and analyse what should be done in order to enhance and develop our personal and professional skills.   We will listen to each of our experiences told and give our insights to help each other in achieving our personal aspirations in life. Activity 1:   Personal Audit A. Group sharing on Professional and Personal Life Experiences I have discussed and shared with my group my professional and personal success and failures in life and they gave their comments and suggestions how to develop and enhance my skills based on their personal assessment on my experience. My co-group members Hina and Hanushka have their own personal suggestions on how I would be able to enhance my strengths and develop my weaknesses.   To enhance my skill in time management they have suggested that I should continue to focus on each important planned activity.   In this way I will be able to accomplish what is needed to be done and will still have time to do other important matters. We have also discussed on my lack of confidence to assert to get the things I want or to achieve.   They have suggested that: I should build my confidence; I should learn to exercise my rights; I should be firm; I should not be intimidated; and I should know the relevance and importance on what I am asserting for. Another professional skill that I have to enhance is my coaching ability. I know that in some situations I am able to get the attention of the people I am given instructions to. They learn easily what was taught of them because I was patient enough to guide them step by step on what to do.   My co-group members have suggested that I should attend some coaching trainings in order for me to get the techniques to enhance my skill. B. PERSONAL AUDIT QUESTIONNAIRE Please tick the appropriate option on the following rating scale (1-5) 1 being the weakest and 5 being the strongest. 1)  Ã‚  Ã‚  Ã‚   I lack confidence in expressing my needs. 1___  Ã‚   2___  Ã‚   3___  Ã‚   4___  Ã‚   5___ 2)  Ã‚  Ã‚  Ã‚   I manage time effectively. 1___  Ã‚   2___  Ã‚   3___  Ã‚   4___  Ã‚   5___ 3)  Ã‚  Ã‚  Ã‚   I am not confident to lead. 1___  Ã‚   2___  Ã‚   3___  Ã‚   4___  Ã‚   5___ 4)  Ã‚  Ã‚  Ã‚   I cope with stress well. 1___  Ã‚   2___  Ã‚   3___  Ã‚   4___  Ã‚   5___ 5)  Ã‚  Ã‚  Ã‚   I manage a number of tasks well. 1___  Ã‚   2___  Ã‚   3___  Ã‚   4___  Ã‚   5___ 6)  Ã‚  Ã‚  Ã‚   I do not have confidence to give presentations. 1___  Ã‚   2___  Ã‚   3___  Ã‚   4___  Ã‚   5___ 7)  Ã‚  Ã‚  Ã‚   I am patient when imparting knowledge and skills to others. 1___  Ã‚   2___  Ã‚   3___  Ã‚   4___  Ã‚   5___ 8)  Ã‚  Ã‚  Ã‚   I do not have confident to influence others. 1___  Ã‚   2___  Ã‚   3___  Ã‚   4___  Ã‚   5___ 9)  Ã‚  Ã‚  Ã‚   I motivate people to perform. 1___  Ã‚   2___  Ã‚   3___  Ã‚   4___  Ã‚   5___ 10) I do not direct people to do tasks. 1)___   2___  Ã‚   3___  Ã‚   4___  Ã‚   5___ C.  Ã‚  Ã‚  Ã‚   Professional and Personal Audit  Ã‚   (1 is weakest ; 5 is strongest) Based on the personal assessment made by two persons on my personal and professional skills it was identified that I lack assertiveness. I had to develop my confidence to express what I want and develop my skills to lead effectively.   It also shows my capability to coach and the strengths I have in time and stress management. If I develop my confidence and assertiveness, I know I will be able to overcome my weakness when it comes to leadership and assertiveness. I should take some time to reflect on what to do first to proceed with the learning process to achieve my objective.   The learning style I am adapting is the Reflectors Style.   I am comfortable with this kind of learning because it gives me the opportunity to reflect on the information I get and compare to my personal experiences.   I will get some techniques on how to assert by collecting informative reading materials. Watching video on personality development will also be considered to improve my confidence.   Getting feedback from a friend will also help me in my learning process to gain confidence. Activity 2:   Progression Plan A. Personal SWOT Analysis As a result of making this analysis I can give emphasis on my strengths and focus on remedies to overcome my weaknesses.   This will aid me in taking possible advantage of the opportunities at hand.   B. Development Plan Skills Audit:   Identifying Areas to Improve In order to attain my goals, I have to strengthen my leadership skills.   I need to improve my cognitive ability, strategic thinking, analytical ability, ability to delegate and influence, ability to learn from experiences and the ability to build technical competence.   Developing my confidence is also a way to become assertive and stand up to get what I want. To aid me in achieving this, I had to adapt the Reflector Style of Learning, one of the learning styles identified by Honey and Mumford (2008).   This type of learning suits my personality.   To develop my learning ability, I collect data, review and think carefully before making any conclusion or decision.   I learn more by observing others, listening to their views and reflecting their leadership techniques. I had to follow this learning style technique suggested by Honey and Mumford below: Observing individuals or groups at work – Observing on what good leaders do and reflecting what I need to do to improve. Reviewing what has happened and thinking about what they have learned – This is learning through experience and reflect what to do next to improve. Producing analyses and reports doing tasks without tight deadlines – Evaluate the observations I made and do the things learned through observation to improve develop skills. As part of my personal development plan I will consider the suggestions of Corttrell (2003) to make a structured process of reflection in order to develop my understanding on myself, my choices, what I want to achieve, how to plan and how to take action on improving my work. This will help me reflect on my weaknesses and think of better ways to minimize them. Trough reflection I will be able to: Make sense out of experience: this will help me learn and develop my skills in leadership and assertiveness Standing back :   being observant and not in the   midst of the activity to see the level of confidence of the people around Repetition:   practice to assert on small things first to gradually develop confidence Deeper honesty: admitting my flaws and work to rectify them Weighing up: help me evaluate the advantages of being assertive and disadvantages of being submissive. Clarity: review activities done will help me see things clearly not only on my success but on my failed plans because of being non-assertive. Understanding: I will be able learn things in a deeper level like gaining insights through reflector style of learning Making judgement: reflection aids me in deciding things whether to assert or not. This plan will be carried out by me as a guide to develop my personal and professional skills. The Monitoring Process Through monitoring my progress I should be able to know if my planned activities for the realization of my aims are achieved.   It will help me recognize if my learning style applied to achieve my goals is effective. A monitoring device to determine my progress is provided. I will solicit feedback from my colleagues, coaches and mentors. Monitoring progress on learning goals BIBLIOGRAPHY BOOKS Armstrong, S. and Mitchell, B., 2008. The Essential HR Handbook. USA:Book-mart Press Cooper,S., 2008. Brilliant Leader. Great Britain:Pearson Education Ltd Cottrell, S. 2003. Skills for Success. New York:Palgrave Macmillan Hargreaves, G., 1998. Stress Management. The Essential Guide to Thinking and Working Smarter. London:Marshal Publishing Lazarus, R. and Folkman, S. 1984. Psychological Stress and Coping Process. New York:Springer Publishing Company:ISBN:0826141919 Manktelow, J., 2006. Manage Your Time. London:DK Merlevede, P.E. and Bridoux, D.C., 2004. Mastering Mentoring and Coaching with Emotional Intelligence. Wales:Crown House Publishing Ltd. Winstanley, D., 2005. Personal Effectiveness. London:CIPD WEBSITE 1.  Ã‚  Ã‚  Ã‚  Ã‚   Wikipedia (2010). Stress Appraisal and Coping. 8 April 2011:   www.uk.ask.com/wiki/stress_management. 2.  Ã‚  Ã‚  Ã‚  Ã‚   www.spiritize.blogspot.com/2007/05/assertiveness-training.html. Notes to Self-Assertiveness 3.  Ã‚  Ã‚  Ã‚  Ã‚   Hersey and Blanchard (n.d) Chairing Meetings.03 March 2011 4.  Ã‚  Ã‚  Ã‚  Ã‚   blessingwhite.com/helping_others_succeed_gc.asp?gclid=CIjlpMyY46cCFQod4QoduBCv9A   Helping Others Succeed:successful coaching Relationships are Custom Built 5.  Ã‚  Ã‚  Ã‚  Ã‚   www.davidbonham-carter.com/assertiveness-training-book.html. Chairing Meetings 6.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   www.coachingnetwork.org.uk/resourcecentre/whatarecoachingandmentoring.html 7.  Ã‚  Ã‚  Ã‚  Ã‚   Ward, S. (2011).Time Management.8 April 2011: www.sbinfocanada.about.com/od/timemanagement/a/getmoretime.htm 8.  Ã‚  Ã‚  Ã‚  Ã‚   www.changingminds.org/discipline/leadership/styles/participative_leadership.html.

Wednesday, February 19, 2020

Torture and Ethics Paper Research Example | Topics and Well Written Essays - 1250 words

Torture and Ethics - Research Paper Example The paper further examines if torturing violates the basic human rights provided in the First Amendment and the Bill of Rights. Eventually, it determines if the act of torture is justifiable under any ethical theory. Torturing Enemy Combatants or High-value Targets and Standards of Morality in America Torturing of enemies or criminals has been contrary to the values and morals of the Americans for long time. The Bill of Rights under the American Constitution prohibited bizarre and cruel punishments (Greenberg, 2006). Furthermore, the United States’ government, besides Americans, has condemned countries across the world that practices any act of torture. This is exemplified by the country granting asylum to individuals fleeing their countries for fear of acts of torture (Wijze, 2006). In the history of criminology and jurisprudence, the act of torture always has been distinctive. Torture forms part of the ancient techniques of punishment, which are severe. Torture is regarded a s capital punishment in which the captors apply force and brutality to obtain compliance from the criminal suspect (Ginbar, 2008). A section of the society has argued always that people who torture suspects are sadists, deriving pleasure from agony and pain of other persons. Any form of physical or psychological coercion is unacceptable for use on terrorist criminals or suspects because it amounts to inhuman and undignified treatment, diminishing the mental abilities of the targets. Depriving fellow humans of their rights and liberties of which individuals should be custodians to is morally unacceptable. Acts of torture remain evil practices to be detested and avoided (Wijze, 2006). A majority of the civilized societies across the world perceive torture as an inhuman and savage act that should not be practiced on humans. Consequently, the use of torture has received massive criticism and condemnation as well as protests (Wendel, 2005). The emergence of increased terrorist attacks af ter the 9/11 attacks, which led to the American government to adopt the policy of torture, has witnessed mixed reactions from the society over torture of suspected terror attack criminals or war prisoners (Ginbar, 2008). The international community prohibits torture through the conventional legal agreements, such as the Geneva Conventions, of which America is party to. Practicing acts of torture is a violation of the morality standards set out by the international agreements, which embody universally true and indefeasible human dignity values. Treating terrorist criminals and suspects in an inhumane way is morally irrelevant. All humans are equal and entitled to some incontrovertible rights of which dignity, found within life, liberty, and pursuit of happiness, is among them (Greenberg, 2006). The United States breaches the principle of standards of morality that it advocates for and loses its moral authority when it practices acts of torture in any circumstances (Davis, 2005). The totalitarian states find a loophole in resisting the changes demanded of them by the international community. The application of coercion is morally repugnant because it exposes America to allegations of hypocrisy, undermining its efficacy. Act of Torture: Violation of Basic Human Rights and Global Implications The use of torture to obtain crucial and critical information from criminal suspects,