Friday, December 27, 2019

My Relationship With My Friend - 870 Words

Each relationship with my friends are different. My friend Morgan, consistently complains about her relationship with her boyfriend and asks for my advice. Her boyfriend Jon, is one of my good friends, so I know him just as well as I know her. My job is our relationship is listening. I use the four â€Å"Rs† of listening to the best that I can to support her. Often, Morgan falls to conversational narcissism. She rarely talks about anyone else in these situations. Sometimes she mentions breaking up with Jon. I rejected that information through selective listening because I know she really doesn’t feel that way. My interpersonal communication with Morgan consists of me listening to her relationship problems. The job of a best friend is to listen. Not only listen to hear what she has to say but to use the four â€Å"Rs† of listening; receiving, responding, recalling and rating. â€Å"Receiving is the verbal and nonverbal acknowledgement of a message† (West Turner, Interpersonal Communication, 2015, p. 113). I listen to Jon’s mistake is each time. I take in the exact story; acknowledging she is one of the biggest exaggerators I know. â€Å"Responding is providing observable feedback to a sender’s message† (West Turner, Interpersonal Communication, 2015, p. 114). To inform Morgan that I’m listening to her, I will head nod, laugh, or roll my eyes depending on her emotions of the story. As she explains the situation I try to get work done at the same time, so these responding actions areShow MoreRelatedMy Relationship With My Best Friend1299 Words   |  6 PagesFriendship Relationship Analysis In this paper I am going to analyze my relationship with my best friend, Joanna. We have known each other for over fifteen years, but our friendship started developing seven years ago. Even though we attend different colleges I believe our friendship will remain stable, because it has a strong foundation. My friendship with Joanna has followed the three main stages of friendship development, which includes the initial contact and acquaintanceship, casual friendshipRead MoreMy Relationship With Your Friend Essay2382 Words   |  10 PagesEvery relationship is unique. And every relationship requires you to tackle it in slightly a different way. Your relationship with your mother is not going to be like your relationship with your partner. And your relationship with your friend is not going to be like your relationship with your coworker. But, there are some common things to remember in every relationship that you have. Regardless of what relationship you are dealing with, they will h elp you maintain the relationship, have more funRead MoreA Relationship With My Friend And His Girlfriend970 Words   |  4 PagesThe purpose of this relationship interview was to determine if the answers given by my friend and his girlfriend, in regards to how they have felt about their relationship after moving in together, matches with information given in our textbook on the topic of cohabitation. The questions that I gave the couple centered around their happiness in the relationship now, compared with how they felt about one another before cohabitation began. The questions also helped to gain insight on the types ofRead MoreMy Relationship With An Old Family Friend2095 Words   |  9 Pagesfamily friend To fully understand my current relationship with nature, it is important to look back over my life and identify how the relationship came to be, what has hindered and what has sustained this relationship. In order to do this, I have broken my life down into stages from early years, to teenage years, to young adulthood and finally onto more recent times. This paper will examine not just my experiences, but the meanings behind these experiences and how they have come to shape my relationshipRead MoreFriend Of My Youth : Conflicting Perspectives Between Relationships1664 Words   |  7 PagesFriend of My Youth: Conflicting Perspectives between Relationships The age gap between generations can alter the perspectives in which one understands certain situations. In Alice Monro’s short fictional story Friend of My Youth the female characters have an important role in displaying the central theme of the story. It also presents different perspectives on life and its outcomes. The point of view displayed in the story is first person, specifically the daughter’s perspective. This tactic chosenRead MoreHow Personal Are Your Relationships?940 Words   |  4 PagesHow Personal Are Your Relationships? 1. Complete the â€Å"How Personal Are Your Relationships† Questions. For the purposes of this exercise, be sure to list several people who are close to you. 1. Make a list of several people who are close to you (e.g. family members, people you live with, friends, coworkers, and so on) a) My brother b) My father c) My high school friend 2. Use a scale (from 1-5) that follow to rate each relationship. My brother a) Uniqueness 5 b)Read MoreIn Emerging Adulthood, Many People Experience The Need1392 Words   |  6 Pagesadults begin feeling the need for human connection, friendships and intimate relationships deepen for this reason (Berger, 2014, p. 551). As a senior in high school my friends became an extremely important part of my life, we told each other everything and the need for human connection was evident as I always wanted to be with my friends and share my personal life with them. I had, and currently have, the same 2 friends that I would confide in about boy problems, health issues such as birth controlRead MoreImportance Of Life Lessons In My Life1150 Words   |  5 Pagesdifferent. Over my short fifteen years, I have learned a lot. The life lessons that you learn could be anything, for example learning to walk, riding a bike, and hunting. I think that the most common life lessons have to do with family, relationships, and friends. When I was very young my mom and Ryan, my dad, split up because they did not get along. During this time we lived with my grandparents. My dad would get me every other weekend at his house, in Mason City. That had always been my routine;Read MoreMy Experience With My Life871 Words   |  4 Pagesavoid this, when I describe myself I look at many aspects of my life including roles or positions I may hold, those I associate myself with, challenges I have faced, as well as aspects of my personality. Relationships are an extremely important facet of my life, they provide me with support, as well as a safe space to explore different ideas and values. The most important relationships of my life are the ones I hold with my family. Within my family I play the multiple roles including those of daughterRead MoreThe Effects Of Peer Relationships On Behavioral And Social Development Essay1559 Words   |  7 Pagesof Peer Relationships on Behavioral and Social Development In the stage of early adolescent development, emotional and behavioral development is affected by a variety of experiences. A major aspect of adolescence is the influence of peer relationships. As a child grows older the effect of peer relationships becomes much greater. Peer relationships can consist of various aspects included being involved in bullying, involvement with problematic friends, and supportive peer relationships. Many researchers

Thursday, December 19, 2019

Globalization Is Not A New Phenomenon - 917 Words

Globalisation is not a new phenomenon but continuation of development from the 15th century. It began to flourish due to a boom in global trading and introduction of direct foreign investment post World War 2. Since the 1970s globalisation has accelerated becoming a highly integrated system with the availability of technology, investment liberalisation and increased economic power of transnational corporations. So is this a clear indicator of national economies becoming interdependent or â€Å"the intensification of worldwide social relations† as described by Anthony Giddens (1990: 64). National economic inter-reliance first occurred through the trade of raw materials, goods and services from one country to another. Most of the global economic expansion in the 19th and early 20th century took this form, especially in Western Europe and the United States of America. However globalisation has become more complex due to the emergence of new economies from the periphery (Russia, Eastern Europe and China are all examples of this). China re-emerged their economy into the global market in 1979 with the implementation of a socialist market economy. This both reduced barriers and allowed private investment which lead to increased production and distribution. By 2005 China’s economy had grown so much that the â€Å"Chinese private sector accounted for 70% of GDP† . This thriving economy opened Asia to investors, with it now exploited as a cheap source of labour. After Europe, Asia is theShow MoreRelatedGlobalization Is Not A New Phenomenon2523 Words   |  11 PagesGlobalization is not a new phenomenon; there is an increasing occurrence in the adoption of methods and operations of businesses that allow a greater level of globalization. Theodore Levitt, an editor for the Harvard Business Review, popularized the term ‘Globalization’; he is widely credited with coining the term and bringing it into the mainstream business audience, mentioning it in an article entitled â€Å"Globalization of Markets† in the May-June 1983 issue of Harvard Business Review, due to thisRead MoreGlobalization : A New Phenomenon And The World We Live Today Essay1357 Words   |  6 Pagesis also linked to universalising markets and production, technological innovation, privatisation of state agencies, trans-national organisations and spread of common culture (Urzua 2000: 421). Wood (2006: 29) stated that globalisation is not a new phenomenon and that the potential effects, both positive and negative, where somewhat predicted by Marx and Engels. They expressed concepts such as rapid change and uncertainty, integrated global supply chains and spread of common cultures across all nationsRead MoreEssay on Going Global Presentation965 Words   |  4 Pagesa myth or reality? The question of whether the globalization is a myth or reality is easily answered to my mind: it is definitely a reality. But to what extend can we call it a reality? In my presentation I’ll disclose the term of globalization, cover the spheres in which globalization can be applied and dwell on the advantages and disadvantages of it. Finally I’ll come to the conclusion that globalization is an inevitable and developing phenomenon which requires citizens of all countries to findRead MoreThe Impact Of Globalization On Canada And Canada931 Words   |  4 Pages Globalization can be defined as the movement towards economic, financial, trade and communications integration, allowing for a state of global interconnectedness. Globalization affects all countries in different ways. Globalization has had a positive impact on Canada. The Canadian economy has grown, international conflicts are becoming less prevalent, Canadian tourism has increased, Canadians have seen an unpreced ented rate of cultural integration, even the life expectancy of Canadian citizens isRead MoreGlobalisation Leads to the Homogenization of Cultures Essay1122 Words   |  5 Pageseconomy (Seitz, 1995, p. 26). Under such a background, the World Trade Organization (WTO) was founded, and then accelerated the development of economic globalization. As there is an inseparable relationship between economy and culture, the more the trend of economic globalization accelerates, the faster the trend of various culture globalization blends (Seitz, 1995, p. 27). Collisions between various cultures may have different consequences. Some scholars think that the long-term results of cultureRead MoreGlobalization And Its Impact On Society Essay1550 Words   |  7 PagesGlobalization defines practically all facets of modern life. The jobs available to the public, the cultures people embody/emulate, the relationships individuals engage in, are all continuously altered by the profound forces of the glo balizing process. Capital, people, images, commodities and ideology transcend national borders, and information races around the globe at accelerating speeds (Inda 4). The theme of globalization has emerged generating considerable amounts of controversy in its wake,Read MoreCulture Globalization and Its Impact on Recreation Culture1353 Words   |  6 Pagestwenty century until that day by globalization theory, its concept and future impacts . the scientists opinions had varied about globalization repercussions at rising countries including the Arab and Islamic countries . cultural globalization is one of globalization fields which correlated by cultural side , all life fields impacted by globalization , the sport field is one of fields which impact by social phenomenon what appear on societies , but globalization appearance and its effect on anyRead MoreGlobalization And Its Impact On Modern Society1242 Words   |  5 Pages1990’s, the term globalization has become a bit of a buzzword, prevalent in the speech of policy makers, popular press, and academic journals. It is used frequently to describe the †¦. . Its consistent use has led many people to a certain understanding of it most basic meaning, but it is an immensely complex concept that can not be truly understood at the top layer of meaning which is prevalent among general society. There are multiple varying definitions for the globalization phenomenon. Many peopleRead MoreEssay Creating a Better Future Through Globalization1536 Words   |  7 PagesThe term â€Å"globalization† was known in the common vocabulary in the 1980. It is used to describe the increased movement of people, knowledge, goods, and money across national borders. It has led to increased interconnectedness among the worlds populations, economically, politically, socially and culturally (T. L. Friedman 6-14) . Even though globalization often is thought of in economic terms, this process has many social and political implications as well. The globalization of today’s world throughRead MoreNo Cringe At The Third World Thought Of Arranged Marriages1353 Words   |  6 PagesSome cringe at the third world thought of arranged marriage. However, Ji Hyun Lee’s article in The New York Times titled, â€Å"Modern Lessons From Arranged Marriages†, begins to raise questions concerning how lessons from this culturally unique phenomenon may be able to aid in non-arranged marriages in the United States with the help of experts. Michael J. Rosenfeld, associate sociology professor at Stanford University claims, â€Å"I don’t think love marriage and arranged marriage are as different as we

Tuesday, December 10, 2019

Harvard Management Company free essay sample

Portfolio to correspond to their benchmark, according to the modern portfolio theory (Markowitz, 1952), whose goal is to minimize the variance for a given return. The main advantage of the optimal portfolio allocation lies in its ability to provide weights on how to invest a given amount of money based on a few inputs. Optimal portfolio allocation is easy to implement, yet it faces some issues and limitations. As discussed in class, the model assumes normality in the returns, since the optimization only depends on the mean and the variance. HMC team should however take into account that the distribution of returns is not normal and that there might be outliers issues. HMC partly takes these into account by controlling the risk for the aforementioned outliers using stress test (Exhibit 7). Another important matter to point out is that the model uses historical data as input, and these data might very well not be constant or accurate. Correlation may indeed change both over time and between classes of assets. However HMC examined short-term and long-term historical records and talked with investment management firms specialized in this type of analysis in order to get the most accurate data. Finally, HMC is doing well using the optimizer as a proxy for the investment decision. Optimizers may lead to completely different investment strategies if the inputs (mean, variance, correlation) are to be changed by a small amount. In a first step optimization, Meyer and his team found out they had to take substantial position in non-traditional asset classes. They therefore constrained the optimization in a second step, which led to a more realistic and implementable Policy Portfolio. How does HMC develop its capital market assumptions? Why does HMC focus on real returns? What do HMC’s capital market assumptions imply about the U. S. equity premium and foreign equity premium? As mentioned above, HMC developed its capital market assumptions (returns, standard deviation of returns and correlation between class of assets) using historical data. They used both long-term and short-term historical data, alongside with experts’ opinion and thus adjusted the assumptions to the current market conditions. This approach seems to be appropriated however since the data may be inaccurate, the optimization might in this regard yield useless results. Moreover, because HMC provides the major part of the budgets of individual schools of Harvard, the management has to preserve the real value of the endowment so that each school would benefit forever from the distribution of the fund. Acknowledging this fact, HMC should focus on real returns. The fund has to grow at a rate of 2% to 3% to ensure the growth meets this objective. Meyer therefore decided to have a long-term vision on the global investment strategy in order to respect the purpose of the fund, which was to provide substantial and predictable cash inflow; but at the same time he developed a short-term view for the tactical asset allocation based essentially on arbitrage strategy and anticipation of short-term market moves. The final allocation suggests that the performance of the fund relies highly on the one of the market (in 2000, 61% was invested in equities) HMC should therefore invest more money in TIPS to ensure a real long-term growth. These assumptions imply a U. S. equity premium of 3% (6. 5%- 3. 5%) and a foreign equity premium of 3% (6. 5%-3. 5%), 3. 5% being the return of cash. However cash is not considered as risk-free (1% volatility). Hence both equity risk premiums are a little higher than 3%. Using the data from Exhibit 11, discuss how you would obtain Exhibit 12. Exhibit 11 summarizes the return, the risk and the correlation of each asset class. Exhibit 12 defines the weights invested in each class of assets in order to get the highest return for a given risk or the smallest risk for a given return. It represents the efficient border and can be made using Excel and Solver. The efficient portfolios suggest not invest in any equity. Moreover, the expected return of the portfolio is increasing in the emerging market/private equity/commodities’ weight. As we mentioned above, the optimal asset allocation includes non-traditional position and this is why HMC imposed some constraints on the asset classes. According to Exhibit 12 and given that the required return should be around 4. 5% 7. 5% per year to cover the endowment distribution need [historical endowment spending shown in Exhibit 1 (3. 5% 4. 5%) + the inflation rate (1% 3%) + real growth of the fund], HMC knows its investment optimal policy. Exhibit 13 gives more traditional weights by imposing some constraints on the optimizer, in order to make Harvard look alike its competitors (the others universities). Discuss the pros and cons of constraining portfolio weights. Adding constraints to the portfolio makes the model more realistic in one hand, because it suits better with the firm’s benchmark and the firm’s possibilities; but in the other hand, achieving the same return will imply more risk-taking as well. The efficient frontier moves to the right. Asset class may indeed have different transaction costs and, as long as the model does not take transaction costs into account, HMC has to constraint the model to minimize these costs. Another reason to constraint the model is the difference in the taxation of the money invested in different classes of assets. Finally, constraining the portfolio may lead to miss some opportunities: a first investment in private equity might require further investments in order to make the firm extend and become profitable. The absence of investment may on the contrary lead to the decline of the high-tech firm. Finally, HMC has to figure out that some asset classes might be less liquid than others. Do you agree that TIPS should be considered as an additional asset class in Harvard’s policy portfolio? Because of the long-term oriented investment strategy of HMC, inflation risk has to be taken into account. Hence TIPS will have to be considered as an asset class, since inflation may have a significant impact on the value of the fund when long-term investment is considered. The Treasury Inflation-Protected Securities provide protection against inflation risk, since TIPS value is correlated to the inflation rate. Moreover, TIPS have interesting properties in terms of diversification. They are very lowly correlated with other classes of asset (see Exhibit 11 showing zero correlation with equity market). Thus, creating a new asset class might very well be benefit to improve the portfolio diversification. TIPS return has a relatively low rate of 3. 6%, but it suffers a very small risk (3%). The Sharpe ratio ((3. 6% 3%) / 3% = 0. 2) is quite good compared to other bonds. TIPS are nevertheless relatively new asset class (introduced in 1997) and HMC should therefore be careful of the reliability of the asset class, given the low volume of historical information available. TIPS might be a good investment solution in this context, according to the HMC forecast stating that inflation will be high in the US economy. Comment: TIPS gives rotection against inflation based on the CPI. HMC should be aware that Harvard has not the same exposure to inflation as the one for which TIPS offers hedging solution. Additional comment: HMC strategy is focused on providing important and predictable cash distribution to the different schools. This fact implies a long-term view of the investment strategy and safe positions in order to yield predictable performance. However, managers seem to be paid according to short-term performance (500,000$ per 1% above the benchmark). HMC could change the remuneration system so that managers would be more involved in the long-term performance of the fund. In this regard, HMC could set a remuneration based on performance achieved over the 5 previous years. Changing the remuneration system would possibly solve the conflicts within the Harvard community as well. Nevertheless, during the course of the last nine years the performance has been above both the benchmark and the median value of large funds calculated by TUCS (Exhibit 9). We can then really wonder whether the benchmark was not underestimated. Additional comment: The retribution strategy is to allocate an endowment each year according to the portion owned by each school. HMC assumes that all schools have the same needs for their budget. Yet the case does not provide enough information about the individual budget of each school, it could be that one school happens to have an extraordinary expense. HMC could therefore manage differently the part of the endowment of that specified school in order to avoid pressure on its operating budget.

Tuesday, December 3, 2019

Managerial and Professional Development Deloitte Touché Company

Organisation’s Approach to Learning An evaluation of Deloitte Touchà © Company Learning is a gradual and systematic process that has become even more imperative in the contemporary days with professional competence in organisations being a paramount criterion in evaluating an employee’s performance and pay (Harrison 2005).Advertising We will write a custom essay sample on Managerial and Professional Development: Deloitte Touchà © Company specifically for you for only $16.05 $11/page Learn More Rating of workforce nowadays depends largely on a personal level of knowledge, educational level, expertise, and experience as well as several other leadership skills that are integral in determining organisational progress (Sadler-Smith 2006). In a bid to curb the growing challenges regarding organisational performance and employee professional competence, numerous organisations in the current days now acknowledge the significance of employee tra ining and development in organisations (Routledge Carmichael 2007). Central to the issues surrounding organisational approaches to learning and development, this segment provides a comprehensive appraisal of Deloitte Touchà © Company regarding the aforementioned subject. In so doing, this section also describes Deloitte Touchà © Company’s organisational policy and its practices and approaches to learning and development. Overview of Deloitte Touchà © Company The organisation herein discussion and evaluation is Deloitte Touchà © Company that hails from the United States and it possesses subsidiaries with approximately 57,000 professionals embedded by a single purpose, viz. â€Å"serving our clients and helping them solve their toughest problems† (Deloitte 2013, Para. 3). Deloitte Touchà © Company is a CPA accounting firm that works in four major business areas namely financial advisory, audit, tax, and consulting. Nonetheless, a combination of the four major business paradigms underscores Deloitte’s real strength and all these paradigms are equally significant to this firm. According to the Chief Executive Officer, this financial organisation has been featuring regularly in the Fortune and Business Week renowned business magazines in United States as the best organisations to work in (Deloitte 2013).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Since the organisation works with complex financial problems regarding customers, the organisational Chief Executive Officer affirms that employees form an integral part of the organisation and their proficiency is paramount. Deloitte Touchà © Company is a company that has crossed boarders within Europe and invested in a number of countries in the West. Deloitte â€Å"is the brand under which tens of thousands of dedicated professionals in independent firms throughout the world collaborate t o provide audit, consulting, financial advisory, risk management and tax services to selected clients† (Deloitte 2013, Para. 2). The firms are in turn under the membership of â€Å"Deloitte Touchà © Tohmatsu Limited (DTTL), which is a UK private company under limited guarantee†¦every firm is responsible for providing services within particular geographic area subject to professional regulations and laws articulated within its operational country† (Deloitte 2013, Para.12). Each DTTL normally act as distinct legal entity, with no obligation to one another (Deloitte 2013). Within the United States, Deloitte LLP functions under Deloitte Touchà © Tohmatsu Limited (DTTL) and just as others, it does not provide services to clients, but the subsidiaries are responsible for service provision. Deloitte Touchà © organisation’s policy It is normally important for any organisation, whether profit-based or non-profit organisation to understand that success hinges on d esigning and implementing significant operational policies that aid in productivity (Roper Pettit 2002). There are numerous policies governing Deloitte in its operations and among them, safe harbour privacy policy, health policy, spouses and spousal polices, structure policies, fiscal institutions and economic policies, as well as professionalism policies form an integral part of Deloitte and its management (Deloitte 2013). Two important policies may deem significant in understanding the current Deloitte’s approaches to learning and development within its organisation. Central to this argument, the policies of workplace flexibility and professionalism are present in Deloitte and operational to date (Deloitte 2013).Advertising We will write a custom essay sample on Managerial and Professional Development: Deloitte Touchà © Company specifically for you for only $16.05 $11/page Learn More In connection to the aspect of organisational policing, fr om their official website, Deloitte is normally in the forefront in ensuring that both employees and customers feel the necessary comfort in their commitment and engagement with the organisation. Practices and approaches to learning and development Perhaps, Deloitte ranking as the best workplace in the Fortune and Business Week is not a favourable stratagem and this element may be evident from how the organisation handles issues regarding practices and approaches to learning and development. Deloitte, in its reports, has the policy of workplace flexibility as aforementioned, where workers and clients get orientation in the on professional development through different learning stratagems (Deloitte 2013). As stated in its website, â€Å"our professionals start by assessing how flexibility aligns with and enables both the client’s business strategy, talent strategy and supporting infrastructure platform and then determine† (Deloitte 2013, Para 2). According to Whetton an d Cameron (2010), for employee functionality to remain right, flexibility in management is one of the key factors that influence workers’ professional development and productivity. Key features that depict the presence of LD in Deloitte are: Presence of consultant professionals and practitioner Another significant feature in Deloitte that depicts its dedication towards practices and approaches to learning and development is the availability of professionals who are competent in business and talent improvement and as consultants within this firm (Deloitte, 2013). As noted by Sadler-Smith (2006), an organisation only deems to appreciate the practices and approaches to learning and development only when there is evidence of a strategic approach to learning and development, with practitioners and consultants being paramount in this case.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More It is evident in the case of Deloitte since the organisation itself posits that it instils deep industrial experience, integrated subject matter of knowledge, and great instructional blueprint and advancement of expertise (Deloitte 2013). Apart from this element, Deloitte possesses a clear structure that consists of well-articulated organisational goals and values including LD policies that propel motivation towards professional development of employees (Deloitte 2013). The organisation and its senior management acknowledge that it is imperative to retain employees rather than regular recruitments and layoffs. Presence of external inputs in Deloitte For any organisation to demonstrate evidence of practices and approaches to learning and development (LD), numerous external inputs have been essential in determining its dedication to LD (Roper Pettit 2002). According to Sadler-Smith (2006), external inputs are significant organisational factors in the surrounding that may influence ac hievement of LD. Integration and development of modern technologies in organisations like the Internet may be integral factors that trigger learning morale among employees (Sadler-Smith 2006). In Deloitte, these aspect hinges in equipping the federal workforce with matters pertaining to cyber age, encouragement of consumption of newly integrated social media platforms, and well equipped with tools as modern technologies that trigger LD. According to Deloitte (2013), per rough estimate, the company spends approximately $12,000 and $15,000 for an employee’s single facility. According to Deloitte (2013), best practices in knowledge coupled with talent expansion are key features in Deloitte and workers undergo talent explosion beyond their normal desire, with resources to enable them explore their creativity and abilities readily available. Presence of LD teams In the appraisal of Deloitte, one of the key features that demonstrate practices and approaches to learning and developm ent is the presence learning governance policies that exist within the LD autonomous teams. According to Deloitte (2013), this organisation possess Learning and Development (LD) teams that bear the responsibility of bridging critical workforce skill gap that is essential in productivity. As conjectured by Sadler-Smith (2006), the senior management needs to show participation through providing human and financial resources to support workforce participation in learning. Using their recently released paper dubbed â€Å"use learning governance to improve business results†, Deloitte Consulting LLP took considerable steps to develop effective governance framework that involved the formation of Learning and Development (LD) teams (Deloitte 2013, Para. 3). This effective governance framework entailed evaluating the prevailing governance model, current-state learning governance, learning governance framework, and appraising future-state learning ascendancy framework. From the LD stra tegy, feedback is essential and in Deloitte learning progress undergoes evaluation and a feedback comes of evaluators. A Development Action Plan and Commentary Given the fact that the current corporate world is facing a number of unremitting challenges that may hamper organisational effectiveness and efficiency, it is important to take appropriate actions to curb certain loopholes that bar development (Nemeth 1997). Modern organisations have awakened to these realities knowing very well that organisational challenges are normal and finding apposite stratagems to curb certain risks of failure has been essential (Gibb 2002). In a bid to ensure that an organisation remains competent and avoid failure, developing an action plan has been a significant strategy to organisations. Every individual employee with his/her personal skills plays a significant role in ensuring that organisations succeed and any individual problem may impact organisational progress (Newton 2010). This section of t his portfolio aims at developing an action plan for addressing personal skills and a commentary on the expected challenges in developing this time-management action plan. The approach embedded herein is Specific, Measurable, Attainable, Realistic, and Time-Bound (SMART) action plan. SMART action plan SMART action management plan will form part of this portfolio where integral aspects like Specificity in the development of the action plan will be paramount in this case. Specific, Measurable, Attainable, Realistic, and Time-Bound are factors that will receive substantial consideration in this time management plan. Being specific means that all the goals and objectives intended in this plan must be specific in nature (Conzemius O’Neil 2006). Measurability or being measurable means that the intended time management plan will consider developing goals and objectives that are quantifiable in their progress (Mattiske 2012). In this time management action plan, attainability (achiev ability) will be central in developing the goals and objectives where the plan must consider the likelihood of meeting all conditions necessary to accomplish the goals stated (Mattiske 2012). Realistic nature of the objectives is paramount in this plan. Finally, under the SMART action plan, time-bound will be another significant factor to consider while undertaking this time-management action plan. Specificity in Time management plan Time management in Deloitte Company has been a factor and reported in several cases within its offices. According to Berry and Thomas (2008), â€Å"when generic, off-the-shelf objectives get the SMART treatment they emerge as targets that engage focus, action, feedback, and learning† (p.1). Firstly, developing time management plan in this case aims at developing personal skills that are significant in time management. To be specific, the main of this time-management action plan, however, is to ensure that time management in organisation is among employees’ intrinsic aspects that will be achievable by developing new time related policies. Strategic planning will be the first approach in developing the objectives. Management is crucial in time management plan (Newton 2010).This time-management plan will focus on engaging the entire Deloitte management in establishing long and short-term time management goals in the organisation on the new time management policies that the organisation’s management will confer before the implementation process. Table 1: presents purpose and intended outcomes. Purpose and intended outcomes Short term goals and objectives Progress goals (likelihood of success) Within one month, employees should be capable of understanding new time management policies. Within this one month, at least 40% of employees will manage to portray and observe these policies. Facilitation on time management will commence through time management seminars and workshops. Approximately 55% of workers will have attended time management seminars and workshops within the first month. Within two months, the action plan will have conducted a research on the progress of the plan The planning committee will be capable to conduct progress research to and attain approximately 62% progress coverage Long term, progress Within an estimated during of four months, the action plan will have ensured that employees keep time By this moment, the goal achievement should range approximately 69-75% employees who keep time in workplace Within duration of eight moments, the intended time management workshops will be completing their projects By then, an approximated percentage of 79-89% of workers will have understood time policies and keeping time properly. Within the duration of one year, the employees will be capable to manage time effectively with minimal errors. Without doubt, the percentage of employees practicing time management will approximate to 95-99% Monitoring each devel opment progress The aforementioned section on the above table that occupies progress goal has already covered the aspect of measurability as required in the SMART action plan. Monitoring each developmental objective in the action plan requires keenness and dedication so that the results expected will yield (Pedler et al. 2007). Monitoring in the â€Å"context of action planning is the ongoing assessment of how an organisation or project is performing against its action plans† (Shapiro 2001, p.44). The SMART action time approach contains the last T, which as described earlier, represents the Time-bound and according to Hanna and Picciotto (2002), it must receive considerable attention. Most integral questions that monitoring in this time management action plan will address include if outputs are achievable within time-bound, if resources are well-utilised, if the action plan is meeting its targets, if units are meeting their set objectives, and whether individuals are meeting the stated requirements within the action plan (Forsyth 2010). Monitoring of this progress will involve a continuous process that includes constant assessments.In the monitoring and evaluation case, the action plan will consider hiring or formulating a strategic assessment committee that will oversee the actions of all the principles involved in the time management action plan (Roesch 1998). The management, which will comprise the senior management and lower management, will provide necessary support to the development and achievement of the time management action plan (Sadler-Smith 2009). Technology will be essential here since the organisation’s offices are located far from one another, and the use of integrated technologies to communicate with the overseers of the project is essential (Haynes 2006). Deep research and investigations concerning the progress of the action manoeuvre will be the responsibility of the appraisal committee that will analyse the situation from the ground, inclusive of the progress of the training workshops and seminars. According to Whitmell (2005), this monitoring will enable the project initiator to evaluate progress. Where necessary, modification of the objectives will commence to enhance the probability of successfulness of the intended plan. A Reflective Account Perceived aims of MBA in general Education in the current days has grown from minute learning to complicated learning frameworks that the world deems significantly essential in preparing new generations towards the unremitting professional challenges (Dennis Smith 2006). Traditionally, there has been a great disparity between education and practice in the management field and MBA emerged primarily to settle this matter, and has managed to influence a multitude of learners (Peterson’s 2009). It is significant to understand that learning, being a continuous process, determining its successfulness and understanding the objectivity behind learning certain asp ects is quite imperative (Canals 2011). The aim of MBA degrees is normally to prepare graduates for greater managerial roles in the professional field, help them gain a deeper insight into issues surrounding industrial world, and its significant requirements. Dennis and Smith (2006) assert that a common perception within studying MBA also hinges upon the notion that MBA management education enriches graduates with appropriate and competent organisational management skills that deem continuously significant in their careers. Personal reflective account on MBA program A reflective account generally refers to personal philosophical judgments over certain events or practice (Brockbank McGill 2007). Perhaps, one with little knowledge within the MBA studying program may find it uneasy to understand the significance of possessing higher level learning degrees like the MBA degree. While trying to comprehend on the notions and perceptions entangled within the MBA program, personally I can b e in the most suitable position to justify and confer the realities behind any literature, theory, or any prior reflective account provided. Business administration â€Å"is a vague, remains shifting, rather formless subject where neither the foundations at the undergraduate level nor the superstructure at the graduate level can provide significant definition† (Dennis Smith 2006, p.16). I can barely understand the imperativeness or intention of this statement based on the arguments and experience I have managed to acquire through MBA program. Based on an argumentative and engaging learning in this MBA program, I can concur the following: I have acquired professionalism I concur with the fact that MBA program in business administration is indeed an important learning parameter that the intellectuals decided to invent. Beginning from the candidature itself, going through the MBA degree program has been a matter of considering competence required to improve management in the co ntemporary decades just as noted by Hunt and Weintraub (2010). Giving a special attention to the topic of managerial and professional development, much has protracted to how I initially perceived management as a subject and from its interactive management, I can consider myself quite competent and determined to meet the unremitting professional management challenges. As postulated by Brockbank McGill (2007), initially, managers and employers have had an immense challenge in marking traditional students work and since the advent of MBA graduate program, it has been easy for managers to provide orientation to new management employees. I have acquired significant management skills including planning and developing projects through integrated management skills that may ease my practice in management. As noted by Wedlin (2006), the need for professional managers is augmenting and I can consider the MBA learning program as the most suitable personal choice I have made in my life. Matchin g my ambitions with productivity, reality has been achievable through concepts achieved from managerial and professional development unit, which with no doubt forms the focal point of the entire MBA degree program (Sharbatoghlie et al. 2007). A continuum of professional management skills ranging from marketing, ethics, organisational behaviour, skills development, accounting and financial concepts, law governing business, management information systems, and even human resource matters have been achievable in my MBA learning progress (Swann Henderson 1998). This assertion depicts that MBA has been capable of building a broad knowledge base in me, with all these aspects expected to feature within the professional management practice and thus changing my entire personality from the social to professional paradigm, which has given me the aptitude to undertake personal self-assessment. Important terminologies achieved in my MBA A continuum of terminologies that I have been anticipating to understand has featured in this MBA degree-learning program. Essential elements of management and characteristics essential to managers in the professional manner normally exist in MBA, as demonstrated by Swann and Henderson (1998) by terming them as basic competency skills, has been achievable in my MBA progress. Of the most anticipated skills that MBA learning program has planted in me are the leadership skills, relationship skills, communication skills, personal development skills, and career management skills, and information and communication skills, goal-setting skills, quantitative skills, as well as modernised technological skills among other important skills (Sharbatoghlie et al. 2007). With these skills incorporated in my knowledge base, I have attained a sustainable approach towards self-awareness, self-reliance, and enhanced personal effectiveness in the entire management paradigm. More importantly, official communication, which was a challenge for my professional dev elopment, has greatly improved since I began undertaking my MBA program. Essential learning skills enhanced MBA learning program is not only a matter of developing and preparing graduates in engaging on matters regarding professional management, but great emphases have existed in improving learning skills that are still essential in future professional growth (Witzel 2003). As postulated by Sharbatoghlie et al. (2007), â€Å"MBA program studies increase the learning skills of its participants compared to entering student scores and a control group† (p.4). To my experience, this statement has been practically true as I have learned and mastered numerous higher learning skills that have really made me improve my learning knowledge. Most of the imperative skills normally developed through learning the MBA are researching skills that are normally posing constant challenges to learners in the undergraduate levels (Buckley Jim 2007). In researching, some essential skills concernin g referencing have developed immensely in me and understanding principles of research have been part of my MBA learning process. If asked to recommend, MBA in business administration should proceed in the management paradigm. Reference List Berry, S Thomas, R 2008, Use SMART Objectives to Focus Goals, Plans and Performance. Web. Brockbank, A McGill I 2007, Facilitating Reflective Learning in Higher Education, McGraw-Hill International, Maidenhead. Buckley, R Jim C 2007, The Theory and Practice of Training, Kogan Page Publishers, New York. Canals, J 2011, The Future of Leadership Development: Corporate Needs and the Role of Business School, Palgrave Macmillan, New York. Conzemius, A O’Neil, J 2006, The Power of SMART Goals: Using Goals to Improve Student Learning, Solution Tree Press, Bloomington. Deloitte: About Deloitte 2013. Web. Dennis, E Smith, S 2006, Finding the Best Business School for You: Looking Past the Rankings, Greenwood Publishing Group, Connecticut. Forsy th, P 2010, Successful Time Management: Volume 54 of Creating Success, Kogan Page Publishers, New York. Gibb S 2002, Learning and Development Processes, Practices and Perspectives at Work, Palgrave MacMillan, Basingstoke. Hanna, N Picciotto, R 2002, Making Development Work: Development Learning in a World of Poverty and Wealth, Transaction Publishers, New Jersey. Harrison, R 2005, Learning and Development, CIPD Publishing, London. Haynes, M 2006, Time Management, Thomson Publishing, New York. Hunt, J Weintraub J 2010, The Coaching Manager: Developing Top Talent in Business, SAGE Publishers, New York. Mattiske, C 2012, Effective Time Management, AudioInk, Issaquah, WA. Nemeth, S 1997, Measuring Organisational Learning, National Library of Canada, Ottawa. Newton, I 2010, Time Management Secrets, Ian Newton Publishers, Victoria. Pedler, M, Burgoyne, J Boydell, T 2007, A Manager’s Guide to Self Development, McGraw-Hill Professional, Maidenhead. Peterson’s 2009, MBA Prog rams: More Than 4,000 Graduate-Level International Business Programs, Peterson’s, New York. Roesch, R 1998, Time Management for Busy People, McGraw-Hill, New York. Roper, L Pettit, J 2002, ‘Development and the Learning Organisation: an introduction’, Development in Practice, vol.12 no. 3 4, pp. 258-271. Routledge C Carmichael J 2007, Personal Development and Management Skills, CIPD, London. Sadler-Smith E 2006, The Strategic and Organisational Contexts of Learning and Development, Blackwell Publishing, Oxford. Sadler-Smith, E 2009, Learning and Development for Managers: Perspectives from Research and Practice, John Wiley Sons, New Jersey. Shapiro, J 2001, Action Planning. Web. Sharbatoghlie, A, Mosleh, M Emani, S 2007, Work experience and learning: a case study of MBA students. Web. Swann, C Henderson, S 1998, Handbook for the College Admissions Profession, Greenwood Publishing Group, Connecticut. Wedlin, L 2006, Ranking Business Schools: Forming Fields, Ide ntities, and Boundaries in International Management Education, Edward Elgar Publishing, New York. Whetton, D Cameron, K 2010, Developing Management Skills, Pearson publishers, Harlow. Whitmell, V 2005, Staff Planning In a Time of Demographic Change, Scarecrow Press, Maryland. Witzel, M 2003, Fifty Key Figures in Management, Routledge, New York. This essay on Managerial and Professional Development: Deloitte Touchà © Company was written and submitted by user Princeton M. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Wednesday, November 27, 2019

A Learning Experience Essay Essays

A Learning Experience Essay Essays A Learning Experience Essay Essay A Learning Experience Essay Essay In this content. there will be a treatment on how person can larn how to non utilize drugs and what it was like for them before and after their initial usage. There will be an designation of what person would larn from utilizing to non utilizing. Besides included in the treatment there will be a description of how someone’s acquisition could hold occurred through classical conditioning. placing the innate stimulation. the innate response. the learned stimulation. and the conditioned response. An account will be given in respects to how their acquisition could hold occurred through operant conditioning. depicting the behaviour. effect. and support. There will be an reference of how the acquisition could hold occurred through cognitive-social acquisition. Identifying the Learning Experience Let us state that person has been making drugs on a societal footing. populating a wild and unworried life style. Until one twenty-four hours. a different manner of utilizing the drug becomes introduced. In that case the drug is introduced. it becomes an automatic dependence. It becomes an overpowering desire to hold more to obtain that haste repeatedly. It is the loss of all control and the beginning of losing the power of life. The individual frits at the idea of the drug and loses control when they can non acquire a clasp of it when they want it and how they want it. It becomes a portion of their life style and it becomes more hard for them to lose the desire after a long period of utilizing. It takes a power greater so themselves to discontinue and the aid of people like them who have been clean. With the aid and support of these people. the desire to utilize becomes less and less and the â€Å"disease of dependence. † becomes arrested. What is Learned through the Experience The long term larning experience is larning to populate without the usage of drugs. Populating with the usage of drugs causes many to populate a life of unmanageability. It leads to a clip in an addict’s life when they seek a topographic point where they can have aid. hence taking to a clean life. They no longer want to populate with the compulsion of utilizing and no longer with a life of insanity. Classical Conditioning. Unconditioned Stimulus and Response. Conditioned Stimulus and Response Classical conditioning is a signifier of acquisition in which a impersonal stimulation becomes a conditional stimulation capable of arousing a given response after being repeatedly presented with an innate ( important ) stimulation ( Oxford Reference. 2007 ) . For illustration. an nut may utilize a pipe. cigarillos. turn over up documents. or panpipes ( conditional stimulation ) whenever an nut set out to utilize their preferable drug of pick. Finally. the addict becomes craved at the presence of these points ( conditional response ) . even when the drug was absent ( unconditioned stimulation ) . Therefore. the absence of the drug leads to the overpowering desire to utilize ( unconditioned response ) . If the drugs and all the points are present and so something runs out. the conditional and unconditioned stimulation occurs together and are presented at the same topographic point. doing the nut powerless. Operant Conditioning. Behavior. Consequence. Reinforcement Operant conditioning ( instrumental conditioning ) is a signifier of larning where an person forms an association between a peculiar behavioural response and a peculiar support ( Oxford Reference. 2007 ) . In the instance of an nut. when an nut takes the first drug it may be pleasant. but so a 1000 is neer plenty. Therefore. the platitude becomes an addict’s worst incubus. They use to populate and populate to utilize. ensuing in the disease of dependence. Once an nut realizes the more they use the more unpleasant it gets. they do non desire to confront the effects of gaols. establishments. or decease. Therefore. they seek the aid of retrieving nuts. admit their impotence over the drug. and do a pick to come clean. As an nut efforts to come clean. they need the support of Narcotics Anonymous meetings on a day-to-day footing. It is recommended that a newcomer attend 90 meetings in 90 yearss. associate themselves with other retrieving nuts of the same sex. and to seek out a patron to work the Twelve Steps. With all these options that Narcotics Anonymous provides helps a retrieving nut get good on their manner to populating a clean productive life. The retrieving nut demands to be invariably reminded to take it a twenty-four hours at a clip. retrieve that they didn’t go an nut over dark. to maintain traveling back ( to meetings ) . and easy does it. If an addict supports coming back. they are less likely to travel out an backsliding ; but if they keep crushing themselves up. make non alter the people. topographic points. and things around them. and go on to maintain their old behaviours. they are merely penalizing themselves doing it less likely for them to return to meetings and alternatively travel out and usage. Cognitive-Social Learning Cognitive-social acquisition incorporates the general constructs of conditioning. but instead than trusting on a simple stimulation and response theoretical account. this theory emphasizes the reading or thought that occurs within the being. stimulus-organism-response ( Carpenter-Huffman. 2010 ) . In the instance of an nut. nuts have attitudes. beliefs. outlooks. motives. and emotions that affect larning ( Carpenter-Huffman. 2010 ) . In the instance of a retrieving nut. these old beliefs. attitudes. false motive and outlooks. and lost emotions. being in the suites of a Narcotics Anonymous meeting helps them to socialise with other retrieving nuts and shortly the fledgling is able to larn new behaviours through the observations. suggestions. and reading of literature given. In a traffic circle manner. the fledgling begins by copying and sharing in meetings. additions a comfort. develops a sense of security. and becomes honest with themselves. leting them to go honest with other retrieving nuts. They learn that non one individual is different from another in a Narcotics Anonymous meeting. but they are all likewise. one nut making out to assist another nut recover. Decision With the continued socialisation and fellowshipping of Narcotics Anonymous. a retrieving nut can lose the changeless desire to utilize. happen a power greater than themselves. and live a new life taking it a twenty-four hours at a clip because any twenty-four hours clean is a twenty-four hours of success. Classical conditioning is a erudite behaviour that happens with or without the drugs being present. Operant conditioning is cognizing that there are effects for this learned ehavior ( drug usage ) . that consequences in penalty ( an nut seeking to retrieve but still holding the presence of their old people. topographic points and things ensuing in backsliding ) . and lead to a desire to hold positive support ( an nut come ining into recovery after a life of licking ) . Cognitive-social acquisition is coming to the realisation that through engagement in the Narcotics Anonymous plan. it becomes easier to retrieve seeing that other nuts excessively have chosen to retrieve ( copying and practising the rules. traditions. and finishing the 12 stairss ) .

Saturday, November 23, 2019

How to Prepare Common Acid Solutions

How to Prepare Common Acid Solutions Common acid solutions can be prepared using the handy table below. The third column lists the amount of solute (acid) that is used to make 1 L of acid solution. Adjust the recipes accordingly to make larger or smaller volumes. For example, to make 500 mL of 6M HCl, use 250 mL of concentrated acid and slowly dilute to 500 mL with water. Tips for Preparing Acid Solutions Always add acid to a large volume of water. The solution may then be diluted with additional water to make one liter. Youll get an incorrect concentration if you add 1 liter of water to the acid. Its best to use a volumetric flask when preparing stock solutions, but you can use an Erlenmeyer flask if you only need an approximate concentration.  Because mixing acid with water is an exothermic reaction, be sure to use glassware capable of withstanding the temperature change (e.g., Pyrex or Kimax). Sulfuric acid is particularly reactive with water. Add the acid slowly to the water while stirring. Recipes for Acid Solutions Name / Formula / F.W. Concentration Amount/Liter Acetic Acid 6 M 345 mL CH3CO2H 3 M 173 F.W. 60.05 1 M 58 99.7%, 17.4 M 0.5 M 29 sp. gr. 1.05 0.1 M 5.8 Hydrochloric Acid 6 M 500 mL HCl 3 M 250 F.W. 36.4 1 M 83 37.2%, 12.1 M 0.5 M 41 sp. gr. 1.19 0.1 M 8.3 Nitric Acid 6 M 380 mL HNO3 3 M 190 F.W. 63.01 1 M 63 70.0%, 15.8 M 0.5 M 32 sp. gr. 1.42 0.1 M 6.3 Phosphoric Acid 6 M 405 mL H3PO4 3 M 203 F.W. 98.00 1 M 68 85.5%, 14.8 M 0.5 M 34 sp. gr. 1.70 0.1 M 6.8 Sulfuric Acid 9 M 500 mL H2SO4 6 M 333 F.W. 98.08 3 M 167 96.0%, 18.0 M 1 M 56 sp. gr. 1.84 0.5 M 28 0.1 M 5.6 Acid Safety Information You should always wear protective gear when mixing acid solutions. Be sure to wear safety goggles, gloves, and a lab coat as well. Tie back long hair and make sure your legs and feet are covered by long pants and shoes. Its a good idea to prepare acid solutions inside the ventilation hood because the fumes can be noxious, particularly if you are working with concentrated acids or if your glassware isnt absolutely clean. If you do spill acid, you can neutralize it with a weak base (safer than using a strong base) and dilute it with a large volume of water. Why Arent There Instructions for Using Pure (Concentrated) Acids? Reagent-grade acids typically range from 9.5  M (perchloric acid) to 28.9 M (hydrofluoric acid). These concentrated acids are extremely dangerous to work with, so they are usually diluted to make stock solutions (instructions included with the shipping information). The stock solutions are then further diluted as needed for working solutions.

Thursday, November 21, 2019

Analysis of Business Operations Shuzworld Inc Term Paper

Analysis of Business Operations Shuzworld Inc - Term Paper Example The three options that are available to Shuzworld are as follows: Buy new equipment for the Shanghai facility; Recondition the existing equipment at the Shanghai facility, or Outsource production to a vendor in China. The purchasing of the new equipment will definitely cost the companies a lot but that will have its own benefits in terms of its long-term usage and reliability, which is the main concern of many of the companies. The second option to use reconditioned equipment is another source through which the companies can start their business in a new location or in their headquarters. The reconditioned equipment will be available from the market at a lower cost and will give the start-up companies or the emerging companies an opportunity to start work with the lesser amount of investment. The companies will be able to follow the cost-effective measures that they have thought about and then will be able to work on the other tasks after the first task of cost management has been ef fectively done as the reconditioned equipment will be cheaper in rate. However, there will be one issue of the reliability of the machines, as they might need repairs often. This may be a major problem for an emerging company who might not have a backup plan if the main machinery gets damaged. This may cause Shuzworld to cease the production process as well. The third option in terms of using the equipment is related to outsourcing the work and operations to another contractor company. This will ease the management in a way that they will need labor that will handle operations in the work field as that responsibility will now be sole of the contractor company. The main disadvantage of using this option is that the companies might pay more for the products that they could produce themselves at their own plants at lesser costs. The decision on which option to choose will also depend on the current and forecast demand for Samba Sneakers. The buy and recondition options both have fixed cost but comparatively lower variable cost than the outsourcing option. The choice will depend on the number of Samba sneakers that Shuzworld expects to produce. Sensitivity analysis can be used to inform the decision. Sensitivity analysis is a technique that is used to determine ‘how the variation in the output of a model can be apportioned to different sources of variation’ and how a given model will be influenced by information fed into it.Â