Reflecting on Wisdom

Reflecting On Wisdom PSY 220 March 9, 2013 Colleen Moore Reflecting On Wisdom The attributes that are commonly associated with wise people are: Reasoning Ability, Sagacity, Learning from Ideas and the Environment, Judgment, Expeditious use of Information and Perspicacity. Reasoning Ability is the uncommon ability to look at a problem and solve it through good logical reasoning ability, by applying knowledge to particular problems, by integrating information and theories in new ways, and by possessing a huge store of knowledge.Sagacity is the keen understanding of human nature, thoughtfulness, fairness, good listening abilities, knowledge of self and placing value on the advice and knowledge of others. Learning from Ideas and the Environment places value on ideas, is perceptive, and learns from others’ mistakes. Judgment has good sensible judgment at all times, takes a long-term rather than a short-term view, and thinks before acting and speaking. Expeditious use of Information learns and retains information from experience (both mistakes and successes), willingness to change one’s mind based on new experience.Perspicacity Demonstrates perceptiveness, intuition, ability to see through things, read between the lines; and discern the truth and the right thing to do. (Bumgardener & Crothers, 2009) A person I believe would be wise would be Jesus Christ. Jesus Christ who is known from the Bible as the son of God. (II Samuel 7:12-14 King James Bible) Jesus had all six of the characteristics named in the above paragraph. Jesus who was the son of God was sent to the world to save the world to teach the gospels and to help save the world from sin. For God so loved the world, that He gave His only begotten Son, that whosoever believeth in Him should not perish, but have everlasting life† (John 3:16 King James Bible). Jesus went to many cities throughout his life preaching the gospels and healing the six, casting our demons and raising the dead. Any per son who believed that Jesus was the son of God and had enough faith would be healed. (John 4:43-54 King James Bible) Jesus was a very wise man because he studied the gospels, he spent many hours in prayer, and he also went to the tabernacles to learn and to preach and to heal those in need of healing. Mark 1:21-28, Luke 4:31-37) Jesus was a very compassionate man and when people who had the faith would cry out to him for healing he would heal them because their faith was very strong. An example of this would be when Jesus had left the city of Jericho he had a mass following of people traveling with him when they had come upon two blind men. The blind men heard the crowd and asked what was going on and once they were told they had cried out to Jesus to not pass them by and to please heal them of their blindness.The crowd that was following Jesus tried to rebuke them because they figured the blind men weren’t worthy enough for a healing or they just did not want the blind men t o bother Jesus, but the blind men cried out to Jesus in persistence because they believed and had the faith to know that Jesus could heal them, Jesus then called out to the blind men and asked what they wanted and they had said they wanted their eye sight back, so Jesus seeing that they had the faith told them to arise and that because of their faith they were healed and could see again. Once the Blind men were healed they followed Jesus and were glorifying God. Mark 10:46-52; Luke 18:35-43 King James Bible) Jesus was wise in the ways that he taught his parables. For example in (Luke 10:25-42 King James Bible), a man who was an expert in the law decided to test Jesus by asking him â€Å"Teacher, what must I do to inherit eternal life? † Jesus then said to the man, â€Å"What is written in the law? How do you read it? The man answered â€Å"Though shalt love the Lord thy God with all thy heart, and with all thy soul, and with all they mind; and they neighbors as thyself. Jes us then said to the man â€Å"Thou has answered right: this do and thou shalt live.Again the man wanted to justify himself so he asked Jesus â€Å"Who is my neighbor? † Jesus then replied to him with a story about a man who had come from Jerusalem to Jericho and ran into some thieves who stripped the man of his clothes and beat him half to death and then left. The man who had been beaten lay on the ground and had been passed by two people who looked at him and left without helping the man. A third man â€Å"The Good Samaritan† came by and saw the wounded man on the ground and had left but came back with supplies to clean the wounded man and bandage him up. Then the Good Samaritan took him to an inn to take care of him.The next day the good Samaritan man got up and before he left, he gave the inn keeper money and told the inn keeper and told him to take care of the wounded man and that any extra money that the inn keeper has to use he will repay him once he returns. Th en once Jesus was finished with the story he said to the man who was and expert in the law â€Å"Which now of these three, thinkest thou, was neighbor unto him that fell among thieves? â€Å" The man then said â€Å"He that shewed mercy on him. † Then Jesus said â€Å"Go and do thou Likewise. † One of the attributes I believe I have fully developed would be Judgment.I may not always use the best judgment at all times, but I feel that my judgment is usually sensible and thought out as sensible as I can make it. When something comes up that I have to use my judgment for, I try to sit and think it through as much as possible to find the best possible outcome for the solution. I feel that I would need to fully develop all of the attributes discussed in chapter 10 of the reading. These are things that every person has to learn throughout their lives and will continue to develop through the years. Reference (Bumgardener & Crothers, 2009) (King James Bible) Reflecting on Wisdom Reflecting on Wisdom Student Name PSY 220 Due Date Teacher Reflecting on Wisdom In life it seems that we always told to take advice from grandpa because he has lived a long time and is wise. Grandpa is the go to person for when we have a life issue. My grandfather is a very wise man. He has learned lessons from life instead of just thinking he was getting punished. He always tells us grandkids and great grandkids that everything happens for a reason; a reason to learn from. My grandfather’s name is Vernon and he is in his late 80’s. Grandpa always has a reason behind everything he does.He always helps us by talking through our problems with a logical and reasoning view. Grandpa has always helped me to look at both sides of possibilities and apply things that I already know to the situation before making a decision. Grandpa always has listened to what we have to say and he isn’t against taking advice from the younger generation. He always says that he values our i nput and he will store it in his knowledge bank for future reference. Grandpa is very humorous along with being logical, he always seems to be able to make light of most situations and can help us look at it from a humorous side of we end up making a bad decision. Normally, because we didn’t go to grandpa about it before hand. ) The best advice I have ever gotten from my grandfather is, when you are making a decision think about 6 months from now, or even 6 years, what is the outcome from both sides; and can you learn from your choice either way? Throughout his years grandpa has always held a positive mind frame and laced life with humor, he always asks what we learned even if we faced a consequence. I believe that my grandfather is one of the wisest men in the universe.Grandpa always learns and uses past knowledge before making a decision. Grandpa always had been there it help us with his wisdom and knowledge of life’s great lessons, he has also helped us to install s ome of the characteristics that will make us wise one day (Baumgardner and Crothers, 2009). Grandpa has installed in us the ability to use our knowledge and our past mistakes to make our decisions. I think that I have encompassed a lot of this from my grandfather. I have learned to look at the mistakes of my sisters and adjust my choices to not make the same mistakes.For example all 3 f my older sisters were teen moms. They all are in their late 20’s, early 30’s and have 4 kids each. They all struggle care for their families, they all are divorced at least twice. I have learned from their mistakes and I am the first in my family to finish high school and not have a child to take care of. I love my daughter and I am thankful that I got my career started before having her, now I know that I can give her the life she deserves without depending on government assistance for simple things such as housing and food, like my sisters.I see their struggles every day and I know th at it is hard on them to only be allowed to spend so much a month on food, or to only be able to live in a home approved by the government. I think that I still have a long way to go before I become a wise person, but I do think I am on my way. In the six attributes of a wise person; I have the ability to reason. I look at a problem and think about what the things I have learned from other problems and knowledge I have. I have an understanding of human nature, but I am still learning a lot about myself.I have learned through grandpa that no advice is bad advice, because someday you just might need it. There is always a chance to learn about various things in the environment and from people around you. Always keeping an open mind and opened ears helps with picking up knowledge that we would not get otherwise. I also believe that I have very sensible judgment and I always think about things before I make a decision. I always know the positive and negative outcome and if I can learn so mething valuable either way. I have the ability to learn from others experiences and from my past experiences.I also am never set in my decision; I am open to reconsidering my choices. The one thing I am working on is being able to read between the lines. My grandpa says you can tell a lot about how a person feels or the situation they are in if you can see through what they are saying and what they really mean. This is something that I am not quite great at yet. Maybe I never will be, but it is always worth a try (Baumgardner and Crothers, 2009). . References Baumgardner, S. R. and Crothers, M. .K. (2009). Positive psychology. Upper Saddle River, NJ: Prentice Hall. Reflecting on Wisdom Reflecting On Wisdom PSY 220 March 9, 2013 Colleen Moore Reflecting On Wisdom The attributes that are commonly associated with wise people are: Reasoning Ability, Sagacity, Learning from Ideas and the Environment, Judgment, Expeditious use of Information and Perspicacity. Reasoning Ability is the uncommon ability to look at a problem and solve it through good logical reasoning ability, by applying knowledge to particular problems, by integrating information and theories in new ways, and by possessing a huge store of knowledge.Sagacity is the keen understanding of human nature, thoughtfulness, fairness, good listening abilities, knowledge of self and placing value on the advice and knowledge of others. Learning from Ideas and the Environment places value on ideas, is perceptive, and learns from others’ mistakes. Judgment has good sensible judgment at all times, takes a long-term rather than a short-term view, and thinks before acting and speaking. Expeditious use of Information learns and retains information from experience (both mistakes and successes), willingness to change one’s mind based on new experience.Perspicacity Demonstrates perceptiveness, intuition, ability to see through things, read between the lines; and discern the truth and the right thing to do. (Bumgardener & Crothers, 2009) A person I believe would be wise would be Jesus Christ. Jesus Christ who is known from the Bible as the son of God. (II Samuel 7:12-14 King James Bible) Jesus had all six of the characteristics named in the above paragraph. Jesus who was the son of God was sent to the world to save the world to teach the gospels and to help save the world from sin. For God so loved the world, that He gave His only begotten Son, that whosoever believeth in Him should not perish, but have everlasting life† (John 3:16 King James Bible). Jesus went to many cities throughout his life preaching the gospels and healing the six, casting our demons and raising the dead. Any per son who believed that Jesus was the son of God and had enough faith would be healed. (John 4:43-54 King James Bible) Jesus was a very wise man because he studied the gospels, he spent many hours in prayer, and he also went to the tabernacles to learn and to preach and to heal those in need of healing. Mark 1:21-28, Luke 4:31-37) Jesus was a very compassionate man and when people who had the faith would cry out to him for healing he would heal them because their faith was very strong. An example of this would be when Jesus had left the city of Jericho he had a mass following of people traveling with him when they had come upon two blind men. The blind men heard the crowd and asked what was going on and once they were told they had cried out to Jesus to not pass them by and to please heal them of their blindness.The crowd that was following Jesus tried to rebuke them because they figured the blind men weren’t worthy enough for a healing or they just did not want the blind men t o bother Jesus, but the blind men cried out to Jesus in persistence because they believed and had the faith to know that Jesus could heal them, Jesus then called out to the blind men and asked what they wanted and they had said they wanted their eye sight back, so Jesus seeing that they had the faith told them to arise and that because of their faith they were healed and could see again. Once the Blind men were healed they followed Jesus and were glorifying God. Mark 10:46-52; Luke 18:35-43 King James Bible) Jesus was wise in the ways that he taught his parables. For example in (Luke 10:25-42 King James Bible), a man who was an expert in the law decided to test Jesus by asking him â€Å"Teacher, what must I do to inherit eternal life? † Jesus then said to the man, â€Å"What is written in the law? How do you read it? The man answered â€Å"Though shalt love the Lord thy God with all thy heart, and with all thy soul, and with all they mind; and they neighbors as thyself. Jes us then said to the man â€Å"Thou has answered right: this do and thou shalt live.Again the man wanted to justify himself so he asked Jesus â€Å"Who is my neighbor? † Jesus then replied to him with a story about a man who had come from Jerusalem to Jericho and ran into some thieves who stripped the man of his clothes and beat him half to death and then left. The man who had been beaten lay on the ground and had been passed by two people who looked at him and left without helping the man. A third man â€Å"The Good Samaritan† came by and saw the wounded man on the ground and had left but came back with supplies to clean the wounded man and bandage him up. Then the Good Samaritan took him to an inn to take care of him.The next day the good Samaritan man got up and before he left, he gave the inn keeper money and told the inn keeper and told him to take care of the wounded man and that any extra money that the inn keeper has to use he will repay him once he returns. Th en once Jesus was finished with the story he said to the man who was and expert in the law â€Å"Which now of these three, thinkest thou, was neighbor unto him that fell among thieves? â€Å" The man then said â€Å"He that shewed mercy on him. † Then Jesus said â€Å"Go and do thou Likewise. † One of the attributes I believe I have fully developed would be Judgment.I may not always use the best judgment at all times, but I feel that my judgment is usually sensible and thought out as sensible as I can make it. When something comes up that I have to use my judgment for, I try to sit and think it through as much as possible to find the best possible outcome for the solution. I feel that I would need to fully develop all of the attributes discussed in chapter 10 of the reading. These are things that every person has to learn throughout their lives and will continue to develop through the years. Reference (Bumgardener & Crothers, 2009) (King James Bible)

Organisational Development Strategy

Introduction Change is a constant thing and this transpires within world in many ways. As the world becomes more complicated and increasingly intertwined, changes ostensibly far away affect us. Thus, change may sometimes appear to occur frequently and arbitrarily. We are gradually becoming cognizant of how connected we are to one another and to our world. Organizations must withal be cognizant of their holistic nature and of the ways their members affect one another.The incredible amount of change has coerced individuals and organizations to visually perceive â€Å"the immensely colossal picture† and to be cognizant of how events affect them and vice versa. Organization development is a new term which means a conceptual, organization-wide effort to increment an organization's efficacy and viability. Warren Bennis has referred to OD as a replication to transmute, an intricate educational strategy intended to transmute the notions, attitudes, values, and structure of an organiza tion so that it can better habituate to new technologies, markets, challenges, and the dizzying rate of change itself.OD is neither â€Å"anything done to better an organization† nor is it â€Å"the training function of the organization†; it is a particular kind of change process designed to establish a particular kind of end result. OD can involve interventions in the organization's â€Å"processes,† utilizing behavioural science knowledge organizational reflection, system amelioration, orchestrating and self-analysis. International Business Machines Corporation (IBM), incorporated on June 16, 1911, is an information technology (IT) company.IBM operates in five segments: Global Technology Services (GTS), Global Business Services (GBS), Software, Systems and Technology and Global Financing. GTS primarily provides IT infrastructure services and business process services. GBS provides professional services and application management services. Software consists pri marily of middleware and operating systems software. Systems and Technology provides clients with business solutions requiring advanced computing power and storage capabilities. Global Financing invests in financing assets, leverages with debt and manages the associated risks.In May 2012, the Company acquired Varicent Software Incorporated. In May 2012, the Company acquired Vivisimo. In June 2012, the Company acquired Tealeaf Technology, Inc. On August 1, 2012, Toshiba Tec Corporation acquired the retail store solution business from IBM. In September 2012, it acquired Butterfly Software Ltd. In October 2012, it acquired Texas Memory Systems. In October 2012, the Company announced the opening of three new branch offices in ASEAN, which are located in the cities of Ipoh and Malacca in Malaysia and Bandung in Indonesia, and announced the opening of three new branches across Brazil.In December 2012, the Company acquired Kenexa. In February 2013, it completed the acquisition of StoredIQ. In April 2011, the Company acquired TRIRIGA, Inc. In October 2011, the Company acquired i2. In October 2011, the Company acquired Algorithmics. In October 2011, it acquired Q1 Labs Inc. In November 2011, the Company opened in Romania its European site for developing and testing IBM switch and networking hardware and software. In December 2011, the Company completed the acquisition of Curam Software Ltd. In January 9, 2012, the Company acquired Platform Computing. In January 11, 2012, the Company acquired Green Hat.In February 1, 2012, the Company acquired Emptoris Inc. In February 15, 2012, the Company acquired DemandTec Inc. In February 10, 2012, the Company completed the acquisition of Worklight. In March 2012, the Company opened a new branch office in Ludhiana, Punjab, India. (http://www. reuters. com/finance/stocks/companyProfile? symbol=IBM) In 1992-1993, IBM began to lose money and struggled to meet payroll for the over 300,000 employees because of the changing market landsca pe. Louis Gerstner, the recently appointed CEO, saved the company by changing IBM’s culture and business model.As we know now one of IBM’s core businesses is consulting, which had not been a key component of the legacy model. It seemed like IBM was facing a similar, if perhaps more dire, situation to Merrill Lynch in the mid 2000’s. (http://professorjickblog. com/post/4194417315/organizational-change-at-ibm) IBM helped pioneer information technology over the years and it stands today at the forefront of a worldwide industry that is revolutionizing the way in which enterprises, organizations and people operate and thrive. The pace of change in that industry, of course, is accelerating, and its scope and impact are widening.In these pages, you can trace that change from the earliest antecedents of IBM, to the most recent developments. You can scan the entire IBM continuum from the 19th century to the 21st or pinpoint — year-by year or decade-by-decade †” the key events that have led to the IBM of today. (http://www-03. ibm. com/ibm/history/history/history_intro. html) IBM has been in the industry for a hundred years already but this paper will focus on the organizational changes and developments with the company for the past 20 years. Brief HistoryIn 1911 IBM was first incorporated in New York as the Computing-Tabulating-Recoding Company. The company’s history, however, can be traced back to 1890, when the United States was receiving waves of immigrants. To meet the needs of measuring population the US Census Bureau sponsored a contest to find the most efficient means of tabulating census data. The contest was won by German immigrant and Census Bureau statistician, Herman Hollerith. Hollerith formed the Punch Card Tabulating Machine Co. in 1896. In 1911 Hollerith’s company merged with Computing Scale Co. f America and International Time Recording Co. to form Computing-Tabulating-Recording Co. The company manufactur ed and sold products ranging from commercial scales and industrial time recorder to meat and cheese slicers, tabulators and punch cards. In the beginning the company operated in New York City only. Within a short period of time, however, it quickly expanded its office and plants to other parts of New York State, Washington, DC, Ohio, Michigan and Toronto, Canada. In 1914 Thomas J. Watson joined the company and became the president of the company within eleven months.Under his leadership the company continued to expand its products and services. At that time the company focused on producing large scales custom built tabulating solutions for businesses. Within ten years Watson had expanded the company’s business operations to Europe, South America, Asia and Australia and in 1924 the company was renamed International Business Machines Corporation (IBM) to reflect the firm’s worldwide expansion IBM refers to the decades between 1939 and 1963 as the ‘Era of Innovation ’. During this period the company’s product line expanded ignificantly. In 1891 IBM introduced personal computers (PCs) for small businesses, schools and homes. For first time, IBM collaborated with Intel and Microsoft to produce personal computers. In 1985 IBM introduced local area networks (LAN), which permitted PC users to exchange information and share printers and files within a building or complex. IBM established a foundation for network computing and numerous applications of PCs. In 1993 Louis V. Gerstner, Jr, a former executive at American Express, Nabisco and McKinsey & Co. joined IBM as CEO. Gerstner emphasized the need to provide integrated solutions for the company’s customers. He also decided to keep company, together instead of splitting it into separate independent companies. Today IBM’s strength lies in its combined expertise in solutions, services, products and technologies. http://historyofbusiness. blogspot. com/2009/04/brief-history-o f-ibm. html How IBM does their Organizational Development IBM has launched one of its companies fixating on business strategies and development.So therefore, they will be one of the good companies that we can optically canvass and study how they remain successful over the years. IBM Global Business Services offers one of the largest strategy & transmute practices in the world, their strategy & transmute practice amalgamates business strategy with technology insight to help organizations develop, align and implement their business vision across four strategic dimensions – business strategy, operating strategy, organization change strategy and technology strategy – to drive innovation and magnification.This is withal one of the reasons why IBM is capable of transmuting quickly and successfully. Instead of going with the latest trends, they mold, develop and lead them. By combining the proven talent with the deep research, scale and scope of IBM, they have built a unique approach to industry solution development. This approach allows them to address the opportunities that matter most and deliver business outcomes with faster time-to-value.The IBM strategy and transformation practice helps expand the horizon possibilities while implementing with rigor. Its three areas of competence are aligned to drive opportunity and execute across the value chain. The insight provided by innovation and growth services allows setting an overall direction for the organization by developing sustainable business, customer and technology strategies. Their capabilities within the operations and finance area help optimize how the organization functions to drive higher performance.And finally, with organization and people expertise, they can develop and lead the talented individuals who create value and competitive advantage. With over 100 years of business and technology experience, IBM has demonstrated its ability to drive performance through continuous transformation of their business model, operations, technology and workforce. Their strategy and transformation practice draws upon these experiences as well as extensive IBM assets and best practices.With consultants in over 170 countries and deep expertise in 17 industries, IBM has proven the effectiveness and value of its approach. IBM thought leadership and research – acknowledged by analysts as among the best in the industry – are based on market-driven intelligence, in-depth interviews, and our own transformation story. IBM has a long track record of success in helping companies chart a course for business transformation.This commences with strategic orchestrating that can envision a broad range of future scenarios. Their consultants fixate on results, through the development of business models and executable strategies that foster innovation, sustainable magnification and profitability. They help companies and organizations build on key strategic drivers such as new product and accommodation offerings, dynamic market opportunities, new channels and greater customer insight to create greater competitiveness.Our team of strategists provides a clear roadmap for differentiation predicated on business model innovation, implemented through efficient processes and operations. Definitely by doing this, they have also implemented these strategies within their organization and have proven to have good results. (ftp://public. dhe. ibm. com/common/ssi/ecm/en/gbb03089usen/GBB03089USEN. PDF) The processes and strategies that they have developed and proved over the years are also the factors why their organization is very stable.According to their website, below are some of the services that they offer and most likely apply within their organization as well. IBM's Organization and Workforce Transformation offering assists clients with two transformational imperatives: firstly, it enables them to transform their workforce into the productive, innovative and high-performan ce force necessary to survive and thrive; secondly it manages the people elements in any transformation being undertaken (process optimization, business model transformation, etc. Our services include: * Learning transformation: Addresses the need to inspire and equip people in business to improve performance, skills and knowledge for the following results: aligning learning initiatives with organizational and business goals, developing learning strategies, and harnessing the power of technology to enhance learning and performance. Talent management: Design strategies and solutions to align talent management with business priorities, covering talent sourcing, performance, succession management and rewards and recognition. This solution includes process design, systems implementation, change management and talent analytics. * Social business: Drive innovation and growth by connecting people to people, people to data and information, and people to personal and institutional knowledge inside an organization and across the larger organizational ecosystem. Workforce analytics and optimization: This offering leverages analytics to design evidence-based strategies and practices for optimizing workforce performance and productivity to develop information strategies, and a workforce measurement framework, which can help identify key metrics and align with employee goals. Organization design: Organization design enables enterprises to align their organization with new or existing business models and strategies to maximize effectiveness by clarifying work responsibilities and redefining jobs and their relationships to one another (structure), governance mechanisms, and other organizational elements to drive new behavior supporting strategic change and business results. * Change management: Change management is a roactive and systematic approach to deal with change from the perspective of an organization, a group, or at the individual level. Change management helps ensure that people impacted by the changes (technology) understand, accept and commit to changes; thereby mitigating risks and achieving long term benefits faster. (http://www-935. ibm. com/services/us/gbs/strategy/talent-and-workforce-management. html) During the course of the changes that took place in their organization, there were challenges encountered.Based on the researches conducted, below are the most significant challenges that took place when implementing their change projects. 1. Changing mindsets and attitudes 2. Corporate culture 3. Complexity is underestimated 4. Shortage of resources 5. Lack of commitment of higher management 6. Lack of change know how 7. Lack of transparency because of missing or 8. wrong information 9. Lack of motivation of involved employees 10. Change of process 11. Change of IT systems 12. Technology barriersAnd based on the challenges mentioned above, they were able to come up with factors that contributed to the successful change. It is normal to ha ve resistance to different types of change especially having a big organization like IBM. Below are some factors that contributed to the effectiveness of the different changes in their organization: 1. Top management sponsorship 2. Employee involvement 3. Honest and timely communication 4. Corporate culture that motivates and promotes change 5. Change agents (pioneers of change) 6. Change supported by culture . Efficient training programs 8. Adjustment of performance measures 9. Efficient organization structure 10. Monetary and non-monetary incentives ftp://public. dhe. ibm. com/common/ssi/ecm/en/gbe03100usen/GBE03100USEN. PDF The most fruitful success strategy is to begin with leadership tools, including a vision or story of the future, put the change in place with management tools, such as role definitions, measurement and control systems, and use the pure power tools of coercion and punishments as a last resort, when all else fails.The purpose of business strategy is to exploit t he capabilities of the company to gain and sustain competitive advantage in accommodating the desiderata of customers in a chosen rialto. An effective business strategy will provide good answers to questions on business scope, customers’ needs, how the enterprise will exploit its advantages, and on how competitive advantage will be achieved. It will withal describe the main actions compulsory to implement the strategy and the reasons why the vicissitudes are compulsory.Summary All in all the reason for IBM Global Business Services’ success is because they have methods and strategies that have been tried and tested over the years that they have been in this industry. Also one of the factors for success is having open minded members of the organization who are always open and welcome to change. Somehow, the company also has its own ways to make the employees and members of the organization understand and help them to adapt through the course of these changes.Resistance t o change is normal but with proper guidance and support from the whole management team, members of the organization will feel at ease and motivated, hence, will embrace the change. Today, businesses must bring more innovative products and accommodations to market, more quickly than ever before. IBM makes utilization of best practices to help companies become more rigorous in their approach to development and lifecycle issues – not only to ameliorate speed and cost, but withal to enable the perpetual amelioration of products

In tray Item 2 Assignment Example | Topics and Well Written Essays - 500 words

In tray Item 2 - Assignment Example Based on the factors considered by banks, this report analyses the liquidity and cash flow position of Gainsborough by using Current Ratio, Quick Ratio, Debt Ratio, Interest Coverage Ratio and Cash Flow to Debt Ratio. Current Ratio: The current ratio of the company is 1.04 which shows a good liquidity position. Gainsborough is at a good liquidity position if all its current assets have the potential to be turned around easily. Quick Ratio: A quick ratio is done in order to look at the liquidity position more conservatively. The quick ratio of Gainsborough stands at 0.02 which is at an unacceptably lower level. The company has only very few high liquid assets in its current assets. Debt Ratio: Debt ratio of the company is 0.85 or 85%. This ratio indicates that the company is highly leveraged. Gainsborough has depended on a huge amount of borrowed funds in order to generate assets. At the current liquidity position of the company, it is not of advantage to the bank to grant an increase in the overdraft. The main ratio that the bank should consider in granting overdraft is quick ratio. It is evident that Gainsborough has very few cash equivalent current asset that can help to meet the current liabilities. It should be noted that the company does not maintain any cash or cash equivalent assets that can meet its current level of overdraft position itself. Gainsborough should improve its current assets level. Majority of the current assets of the company are inventories which are not as liquid as that of cash. Therefore, Gainsborough should plough back profits and always maintain a certain level of cash. This in turn will help to improve its quick ratio. Over years, the company should focus on bringing the quick ratio to a level more than 1. The debt ratio of Gainsborough does not show a good picture. In fact, the company uses more borrowed funds than

Cultural pluralism Essay Example | Topics and Well Written Essays - 1250 words

Cultural pluralism - Essay Example Wade thinks al-Qaeda forms due to rich as well as poor differences. For example, the leader Osama may be rich but fellow al-Qaeda may not be. The culture of America is much modernized, but for most uncivilized people especially from Africa, some of the things seem to mean as they view from televisions’ programs. They conclude that that’s how the American people. Another example is where the people in the Middle East believe America’s values are questionable. Carmel Abdul Nasser had a dream of a Pan-Arabic country that was westernized. Corruption, however, led to its failure (Wade, p248).A lot of people are removed from a certain type of past and usually put in the future which is unclear. In development circumstances for example, when the expectancy of life is raised then mortality of infants reduces. It is not clear, however, what happens to these children as they turn into young adults or thereafter leading to low leaving standards. In Kenya, most youths after getting some literacy end up unemployed and thus dwell in slums in Nairobi and some hate their ancestral lifestyles. Throughout the world, people forget the old and traditions but the fact is that they have to struggle to survive. According to anthropology, people and cultures that are under stress bring forth ideologies which are strange or weird and unexpected.A sociologist from Harvard Daniel Bell wrote that the state of the nation is too small compared to the world’s big problems yet too big for the world’s small problems.... They conclude that that’s how the American people. Another example is where the people in the Middle East believe America’s values are questionable. Carmel Abdul Nasser had a dream of a Pan-Arabic country that was westernized. Corruption however, led to its failure (Wade, p248). A lot of people are removed from a certain type of past and usually put in a future which is unclear. In development circumstances for example, when the expectancy of life is raised then mortality of infants reduces. It is not clear however, what happens to these children as they turn into young adults or thereafter leading to low leaving standards. In Kenya, most youths after getting some literacy end up unemployed and thus dwell in slums in Nairobi and some hate their ancestral lifestyles. Throughout the world, people forget the old and traditions but the fact is that they have to struggle to survive. According to anthropology, people and cultures that are under stress bring forth ideologies w hich are strange or weird and unexpected. For example, the case of Boxers of China who beheaded and murdered missionaries and displayed these heads as well (Wade, p249). Wade on page 250 also says al-Qaeda does not have full Muslim faith and so is partly Muslim, partly not. A sociologist from Harvard Daniel Bell wrote that the state of the nation is too small compared to the world’s big problems yet too big for the world’s small problems. Modernization has led to changing in the cultures; even languages are not taught to the children. He also thinks that the past may end up defining the future and its culture. He gives the example of Archduke Ferdinand’s assassination that took place in 1914. This incidence may turn out to define the fate of two

International Business Strategy-2 Essay Example | Topics and Well Written Essays - 1000 words

International Business Strategy-2 - Essay Example the customers there have different interests which warrantees a concerned organisation to take these interests into consideration in order to satisfy the customer needs while at the same time remaining profitable. Competition is growing across the world and there is need for any given company to gain a competitive advantage for it to remain viable (Arindam, Bhattacharya, Michael, 2008). From the argument rose above, this reflective report will seek to investigate some of the benefits that can be gained from learning international business strategy. I strongly believe that the essence of learning is to acquire new knowledge which can make us know the place we are staying in. I am happy to study International Business Strategy because it has enlightened me on different strategies that can be taken by different organisations in order for them to remain viable in the world characterised by growing competition. I have benefited a lot from studying International business strategy especially on how the multinational companies can remain viable in other areas other than their regions. I have also realised that multinational enterprises (MNEs) go through different stages as they grow from their countries of origin. There is need for them to take notice of key factors such as securing key supplies, ensuring that they use means of production which are low, protect their export rights as well as ensuring that their organisations are growing while at the same time putting measures to retain skilled employees. I am happy to say that the theories I have learnt in my studies have greatly contributed to my knowledge about international business strategy. For instance, Ghemawat (2005), has suggested that there are five different approaches to this regional strategy namely: home based strategy, portfolio strategy which seeks to build a regional portfolio, the hub strategy which is concerned with building regional bases, platform strategy which is about customisation of products as

American History Essay Example | Topics and Well Written Essays - 750 words - 14

American History - Essay Example New England and Chesapeake regions were highly settled by people of English origin prior to 1700. However, by 1700 the regions evolved into two distinct societies due to the diverse reasons that had forced the different societies to flee in the regions by 1700. Religion and economic were the two factors that had motivated the settlers in New England and Chesapeake regions. The settlers in New England had fled to the region for religious freedom from Britain due to the persecution of Protestants and Catholics after the Church of England deviated from Catholicism under Henry VIII. Thus, the reputation of the region for religion tolerance saw the region been settled by a majority of white English people fleeing from religious persecution in England. This implied that the settlers in New England were highly fleeing to the region for religious freedom. In contrast, the English settlers in Chesapeake were motivated by an economic factor due to the thriving tobacco industry, and mining indu stry. The two diverse reasons that prompted the English settlers in the two regions saw two distinct societies evolving by 1700. New England by 1700 was highly dominated by English whites Puritans, Catholics, and Quakers due to the religious freedom reputation. In contrast, the Chesapeake region was predominantly populated by the black slaves. The economic motivation of the Chesapeake settlers had seen the slavery industry growing to provide cheap labor that caused the high number of black slaves in the region.

LSP 5 Ethics - Discrimination and Affirmative Action Essay

LSP 5 Ethics - Discrimination and Affirmative Action - Essay Example The most dangerous job at the company is working at the factory. â€Å"The wood products industry may be divided into the following sub categories:  logging, pulp, paper board mills and saw mills and woodworking†. (Occupational Safety and Health Administration-OSHA). These five processes are equally risky because they involve operating machines and equipment. There are several hazards associated with working in this factory ranging from chemicals used in the processes; machines and equipment when faulty, poor design of work equipment and improper lifting are all common dangers associated with working in factories like this. Sometimes clothes worn by employees can also be trapped in the machines if not the recommended ones. Occupational noise, dust and heat could also be possible risks. I feel that employees are adequately informed of the various risks involved in working in such environments. Due to government regulations and reforms companies are under pressure to formulate safe workplace policies and make sure all employees abide by the set rules and regulations. The government enforces these laws to companies through the Federal Department of Labor, OSHA. Employers abide by the set standards and communicate hazards to their employees. They are also required to carry regular training on workplace safety. Working in the wood mills is the most dangerous occupations in the United States according to OSHA with hazards ranging from wiring, static and moving equipment, and components of products being manufactured to occupational noise and dangers of respiratory infections. These risks are acceptable and reasonable as long as proper communication about them is in place and that employees in the company take precaution as required to avoid incidences of work place infections, injury and accidents. This is because the products made by the company are necessary we