Thursday, October 31, 2019

Matrix Organisation Structure Essay Example | Topics and Well Written Essays - 1000 words

Matrix Organisation Structure - Essay Example Davis and Lawrence (1977) had defined matrix as, ‘any organisation that employs a multiple command system that includes not only a multiple command structure but also related support mechanisms and an associated organisational culture and behaviour patterns’ (qtd. by Miner, 2007; p.254). Such structure is adopted by organisations involved in complex nature of business or operations. For example, armed forces, construction industries, management consulting firms etc adopt matrix organisational structures. Matrix organisational structures are said to have evolved many decades ago; and the most quotable example is the result of President John F Kennedy demand that stated, ‘a man on the moon within ten years’ (Norton, 2007; p.82). As shown in the figure, under each function, managers responsible for various functions simultaneously report to the functional head as well as a project manager. Each project manager is responsible for similar or specific activities c arried out in each function. So, this is two-dimensional role for project managers as well as managers of specific function. It is generally opined that matrix structures are easier to be implemented in smaller organisations, but many large organisations have successfully adopted matrix organisational structures across the globe; few examples include Microsoft, Intel, BMW, Procter & Gamble (Galbraith, 2008). Galbraith asserts that matrix runs on social capital, personal networks and reasonable levels of trust (2008; p.209). Factors that impact success of matrix structure include organisational culture, leadership, communication, planning and coordination, and even HR practices. Huffmire and Holmes (2006) quote Intel as a perfect example stating, ‘Intel has a matrix organisation structure on top of a divisional on top of a functional organisation structure, yet it works, because Intel has a culture of excellent team work (p.64). Secondly, strong leadership at the top of matrix structure is extremely important because the most common issue that surfaces matrix structure include conflicting interests and approaches by equally competent and expert personnel. Leaders should be able to build trust and gain acceptance by all team members. Leaders’ knowledge and expertise are required for providing training and infrastructure to sustain the matrix. Leaders’ role is crucial in managing power distribution and goal and role clarity. Role of communication in matrix structure is at various levels such as formal and informal communication as well as cross-functional coordination. For example, BMW adopts cross-functional career development practices that facilitate movement of people upwards and lateral in order to improve their interpersonal network and informal communication (Galbraith, 2008). From planning and coordination perspective, matrix structures require alignment of goals of different functions with organisational goals. To achieve this, matrix organisations follow a joint goal setting processes and effective joint planning activities. In matrix organisations, all human resource practices foster team working culture, as seen in Goldman Sachs (Galbraith, 2008). Matrix organisation

Tuesday, October 29, 2019

Developing country Essay Example for Free

Developing country Essay Why we want to let our knowledge to someone else unknown to us. Why we want to make our nation into a question mark. Work for our nation work for us let our future generation be a developed nation. We are ranking in a forest place both in economy and in developing. So brain is our so why we want to drain to others. So get into it to work for our nation. Jai hind. Rate this: +3 -2 The concept of ‘brain drain’ is of a recent one that has ever strongly emerged since the last few decades. The phrase ‘brain drain’ refers to the increasing tendency of the young, energetic, capable and talented youth of a country to migrate to another country in search of their fortune — rather better fortune. They forsake their motherland for they seek better opportunities in other countries. This has become a characteristic more of the intelligentsia of the nation—the doctors, engineers, scientists, M.B.A’s, C.As, lawyers and other professionals. Investment in education in a developing country may not lead to faster economic growth if a large number of its highly educated people leave the country. The United Nations Development Program (UNDP) estimates that India loses $2 billion a year because of the emigration of computer experts to the U.S.[45] Indian students going abroad for their higher studies costs India a foreign exchange outflow of $10 billion annually. Our country is gradually being deprived of its intellectual capacity. Brain drain is also regarded as an economic cost, since emigrants usually take with them the fraction of value of their training sponsored by the government. Our nation, if this continues, will be rendered intellectually impoverished and impotent. This, in turn, is leading to a great loss of National wealth. But, have we ever thought of the reasons behind such a great movement of brain outside the country? Like always, we prefer to harp upon the problems rather than find a solution. Why does India, a great and domineering nation in Asia, have to face such a grave and serious problem? Why is our youth allured by the stranger meadows and horizons? Why do they prefer to work hard and be honest there, instead of here?The first answer to this problem is that we have.. no plans to return to India. The reasons aren’t hard to fathom: a handsomely paying job in a great professional environment. But, Bandyopadhya, isn’t alone who has decided to stay back in the US. In fact, he is just one among 94.8 percent of Indians who study abroad to earn doctorates in science, engineering, and health and don’t return home according to a research study released in October 2012 by Wan-Ying Chang and Lynn M. Milan of the National Science Foundation. The study, if anything, is latest evidence that ‘brain drain’ isn’t stemming, something over which our policymakers must ponder on the occasion of ‘National Science Day’. In 2010, India with an estimated stock of 11.4 million emigrants was only second to Mexico (11.9 million) as a source of immigrants, according to a research paper, ‘Indian Human Resources Mobility: Brain drain versus Brain gain’ published in 2012. India and the Philippines supply most foreign-trained doctors and nurses to the English-speaking countries within The Organisation for Economic Co-operation and Development (OECD). Citing lack of growth opportunities in the country, Dr. Sudeshna Mitra, assistant professor at IIT Kharagpur points, â€Å"It is true that a lot of improvement has been made at the infrastructure level over the past ten years but if we compare it with the developed countries of the world, it is still not up to the mark, hence it will be really difficult on our part to stop ambitious people leaving the country.† Brain-drain works both within and outside the country. Dr. Arvind Agrawal, professor at Department of Sociology, Central University of Himachal Pradesh, says, â€Å"There are two kinds of brain drain going on in the country. The first is the internal and the second is the external. As far as the internal brain drain is concerned, it is mostly confined to the states. A state like Rajasthan which has to its credit a list of many good schools but lacks good English medium colleges, hence students after completing their school education move out to big cities and ultimately get settled there.† Both internal and external brain-drain point to lack of opportunities. â€Å"External brain drain is defined as one when students move out of the country for higher education and settle there permanently,† further explains Dr. Agrawal.As per the Thomson Reuters Report 2012, India’s share in global research output is about 3.5 per cent. India’s largest global share of publications was in the field of Chemistry (6.5 percent) followed by Materials Science (6.4 percent), Agricultural Sciences (6.2 percent), Pharmacology Toxicology (6.1 percent) while the relative share in the field of Physics and Engineering was 4.6 percent and 4.2 percent respectively. One of the most affected sectors is genetic engineering and biotechnology which copes with shortages of junior staff, as approximately 90 percent of post-graduates in this field go to the US after completion of their studies in India. The quality of a nation’s higher education vests in the research and development, which in India’s case also is an area of concern and a major factor for brain drain. Concurring with the above, S. R. Ahlawat, professor at Department of Sociology, M.D University, says, â€Å"We have not been able to provide the right kind of research environment in which the students can really contribute to enhance their knowledge.† India with 68,000 students in 2009 accounted for the largest number of foreign students in the area of Science and Engineering in United States, followed by China with 54 000 students according to the ‘Indian Human Resources Mobility: Brain drain versus Brain gain’ research paper. â€Å"Developed countries provide good environment and easy accessibility to quality of life which provokes people to get settled there permanently,† warns Ahlawat at M.D University. Indian Universities have by and large failed to figure in the list of top 200 educational institutions of the world according to the QS World University Rankings for 2012. The Quacquarelli Symonds (QS) rankings — the most reputed global rankings of institutes for higher education had featured IIT-Bombay in 2010 which was ranked 187, but dropped to 227 in 2012. Highlighting the solutions to overcome the scenario, Dr. Agrawal at Central University of Himachal Pradesh, says, â€Å"Most of the state universities are run on political interference which acts as a hindrance in the growth of these institutions, hence it is a high time that there should be a semblance of order and growth and the prime focus should be to promote basic and fundamental research to save the quality.†

Saturday, October 26, 2019

Applications of Counselling Psychology

Applications of Counselling Psychology Case Study D: Psychodynamic Formulation Pete is a 34 year old male, self-referred to therapy due to his recently developed fear of dogs that is disrupting his work and social life. He also feels distressed by his recent separation from his partner Sarah, which he attributes to job promotions and extra work responsibilities. Pete appears to be consuming large amounts of alcohol on a daily basis and has become solitary in an attempt to manage his feelings of low mood, hopelessness and fear. Based on developmental theories (Freud 1905, Erikson 1950, Bowlby,1969), research suggests that’s individuals are deeply influenced by physical and emotional experiences, as well as the emotional atmosphere they are exposed to in early life (Kegerreis, 2010). Consequently, the most beneficial orientation to help explain and overcome Pete’s obstacles would be from a psychodynamic approach. This is a suitable orientation for this client as it addresses the past influences on Pete’s current fears and anxieties. Further background information, reveals Pete is the youngest of two siblings and has never suffered from phobic episodes or holds history of any previous mental instability. Importantly, Pete recalls parental tension and conflict throughout his childhood up until his parents divorced when he was aged 11 and also expresses a divide between himself and his father caused by family tension, which is still relevant today (See Kalmijn, 2013). Most significantly, Pete recalls a particular memory from his childhood in which he spent a uncomfortable weekend at his father’s home and only gained comfort through spending time with his father’s Alsatian dog. Based on the underlying influence of past events throughout Pete’s childhood, the preferred psychotherapeutic orientation for this client’s clinical formulation would be based on a psychodynamic theoretical perspective. This psychodynamic formulation acknowledges that it is through predisposing factors that Pete may be experiencing an underlying unconscious fear of relationship breakdown. A fear that is precipitated by both conscious and unconscious thoughts and feelings that stem from his childhood and are increasing levels of anxieties regarding his relationship breakdown with wife Sarah. It is reasonable to presume that the current trouble between himself and his wife, thought to be caused by extra work responsibilities, has resurfaced these childhood memories consequently triggering his new found phobia of dogs. As this is a completely new phobia it can be suggested that it is actually a displaced fear based on experiences within his past and further perpetuated by memories of his parents failed relationship. Freud (1915) believed that all human behaviour has a significant meaningful and motivated purpose in which anxieties and fears are very often connected with a combination of hidden feelings from the past. Often these feelings from childhood become repressed and proceed to manifest themselves as other negative symptoms in adulthood. Seemingly obscure behaviours, such as Pete’s recently developed fear of dogs, can attempt to be explained by unconscious motivations from which hidden meanings can be interpreted and it is reasonable to presume that the initial fear of which Pete has sort help for was triggered by feelings of anxiety and stress brought on by his increased employability responsibility and the impact this had on his current martial relationship. However, Pete’s fear of dogs is not the leading concern and there appears to be one central pervasive issue underlying the current problems in Pete’s life which can be traced back through his personal history. Re inforced through the use of Malan’s (1995) Triangle of persons as a means of relating transference matters between Client and therapist, it can be observed that Pete possesses a main underlying fear of relationship breakdown which has manifested itself as a displaced fear of dogs, subsequently based on Pete’s childhood memories, lack of relationship with his father and feeling towards him as the main antagonist in his parents failed relationship. Supported by research (Cui Fincham, 2010), it appears that Pete is predisposed to possess such fears due to influential events in his childhood, mainly the breakdown of his parents relationship and the tensions and conflicts this created as a result, further reinforced by his mother’s recalled negative view that â€Å"marriages never work.. they just end in hurt†. In an unconscious attempt to resolve these problems and alleviate symptoms of anxiety Pete has begun utilising the consumption of alcohol in an attempt to remain in control over his life. However this behaviour is in fact maintaining and reinforcing Pete’s problemsand a basic principle of the Psychodynamic model proposes that internal unresolved conflicts derived from early childhood development tend to repeat themselves in adult relationships if not resolved. These maladaptive behaviours are further perpetuating his current problems and increasing Pete’s fear and belief that this relationship b reakdown is out of his control and the past will indefinitely repeat itself. As based on the rationale that an individual’s behaviours and cognitions are influenced by unconscious thought processes and emotions from within the clients past , it is suggested that psychoanalysis would be the most beneficial treatment. The classical technique of psychoanalysis is based on conflict theory (Erikson 1950) and places emphasis on both the past and present with the aim of making the unconscious conscious. It is also widely renowned for its ability to help clients develop insight into the cause of deep-rooted problems that stem from childhood through the exploration and clarification of the clients expressed thoughts and feelings (Compton, 1990).In this way Pete is encouraged to engage in free association and express any thoughts that arise during the session. This allows the therapist to try and reveal the unconscious thoughts and memories possessed by the Pete, in order to make sense of the origins of the problem Throughout the sessions Pete will also be encou raged to engage in transference and transfer feelings he has towards important people in his life, such as his parents onto the therapist as a means of understanding the influential relationships within his life (Freud, 1914). In order to represent the interactions between these elements diagrams shown in Figure 1 an 2 (See Appendices) will be utilised (Malan, 1979,1995). It is generally proposed that Pete would attend around 4 sessions a week in order to provide a setting to explore these unconscious patterns, and try to make sense of them solely concentrated on the achievement of a cathartic experience through analysis. Appendices Figure 1. Triangle of Persons (Malan, 1995) Figure2. Triangle of Conflict (Malan, 1979) References Auld, F., Hyman, M. (1991). Resolution of inner conflict: An introduction to psychoanalytic therapy. Washington, DC: American Psychological Association. Bowlby J. (1969).Attachment. Attachment and loss: Vol. 1. Loss.New York: Basic Books. Compton, A. (1990). Psychoanalytic process. Psychoanalytic Quarterly, 59, 585-598. Cui, M., Fincham, F. D. (2010). The differential effects of parental divorce and marital conflict on young adult romantic relationships.Personal Relationships,17(3), 331-343. Erikson, E. H. (1950).Childhood and Society. New York: Norton. Freud, S. (1914), Repeating, Remembering and Working Through, Standard Edition, 12:147-56. Freud, S. (1905).Three essays on the theory of sexuality. Se, 7. Freud, S. (1984a).The unconscious. In A. Richards (Ed.),The Pelican Freud library: Vol. 11. On metapsychology: The theory of psychoanalysis (pp. 159–222). Harmondsworth: Penguin. (Original work published 1915) Kalmijn, M. (2013). Long-term effects of divorce on parent–child relationships: Within-family comparisons of fathers and mothers.European sociological review,29(5), 888-898. Kegerreis, S. (2010).Psychodynamic Counselling with Children and Young People: An Introduction. Palgrave Macmillan. Malan, D. H. (1979).Individual psychotherapy and the science of psychodynamics. London: Butterworths. Malan,D. H(1995).Individual psychotherapy and the science of psychodynamics(2nd ed). Oxford:Butterworth-Heinemann.

Friday, October 25, 2019

Pump Characteristics :: essays papers

Pump Characteristics INTRODUCTION In industry, the performance specifications for a particular pump may be known, but the tests are usually based on water as the pumping medium. For liquids of significantly higher viscosity than water, these performance curves may only be accurate at certain flow rates, or they might not be valid at all, and it might be necessary to recalibrate the specifications for higher viscosity liquids. The purpose of this experiment is to examine the performance and characteristics of a centrifugal pump, its motor, and the corresponding piping system, used to pump an ethylene glycol solution. The pump used in this experiment has a performance curve based on water, so pump performance curves, as well as motor performance curves, will be developed over a wide range of flow rates to determine the effect that the liquid viscosity and density have on the performance of this pump. Also, the pressure drop of the piping system will be examined to determine the extent of, if any, fouling in the pipes. OBJECTIVES Â · Develop pump performance curves over a wide range of flow rates. This involves relating total head, horsepower input, efficiency, and NPSH as a function of pumping capacity (in gpm), similar to Figure 3-36A (Lab Manual). Â · Develop motor performance curves over a wide range of flow rates. This involves relating the current supplied to the motor, motor shaft rotational speed, motor efficiency, and the power factor as a function of the load of the motor, similar to the figure on page 21 of the Lab Manual. Â · Develop the friction factor chart for the piping system. This chart shows the relationship between the fanning friction factor and the Reynolds number over a wide range of flow rates, from which the roughness parameter (e/D) for the piping system can be estimated. Â · Determine the optimal flow rate delivered by the pump. This value is estimated by neglecting all of the friction head losses outside the loop of the piping system. Â · Examine the effectiveness of the pump. The performance curves based on the ethylene glycol solution will be compared to those developed using water as the base to examine the effect, if any, the viscosity and density of the liquid has on the pump. EXPERIMENTAL SET-UP A process flow diagram of the pump system is shown in Figure 1. The main components of the system are a centrifugal pump with a 4Â ½-inch impeller, a 2-horsepower motor, a piping system with an effective length of about 285 feet, a rotameter for low liquid flow rates (0-2 gpm), a magnetic flow meter for high liquid flow rates (0-90 gpm), and a tank.

Wednesday, October 23, 2019

Jim Casy as a Jesus Christ Figure Essay

In John Steinbeck’s The Grapes of Wrath, Steinbeck uses several characters and situations to symbol something greater. The character, Jim Casy, is portrayed as an allegorical figure that represents Jesus Christ. Casy’s ideals and beliefs are very similar to those of Jesus Christ. Jim Casy is used to represent Jesus Christ, and to give the people going through a hard time a glimpse of hope and strength. Steinbeck portrays Jim Casy as Jesus Christ. The first notable comparison between them would be their initials. Both Jesus Christ and Jim Casy have the same initials. They also both have a strong love for humanity and saw the good in people. Jim Casy let people around him know that it shouldn’t be God that they should lean on, but on each other. In the novel, he says, â€Å"It’s love. I love people so much I’m fit to bust, sometimes. † (23) This showed that Casy wanted people to lean rely on each other. He believed that people struggling together was by far better than one person struggling alone. Both Jesus Christ and Jim Casy go to the wilderness to get their thoughts and beliefs together. Casy’s main goal was to find the meaning of â€Å"holy†. Casy tells the Joad family, â€Å"An’ I went into the wilderness like Him, without no campin’ stuff. † (81) While in the wilderness, Jim Casy realizes that holy is when mankind is united as one. He believed that every person was just one piece of a universal soul and that people could only be holy if they were united. Both Jesus Christ and Jim Casy also sacrificed themselves to protect others. Tom Joad, who already committed the crime of breaking his parole and leaving Oklahoma, knocked out a deputy. He was then instantly put in the danger of going back to prison. Jim Casy selflessly offers to take the blame and go to jail instead of Tom so that Tom would be able to lead the family. Lastly, both Jesus Christ’s and Jim Casy’s beliefs are spread after their deaths. When Jim Casy is brutally murdered, Tom Joad vows to spread Casy’s beliefs onto more people. Jesus Christ and Jim Casy share many similarities, a few being in their names, their love for humanity, their wilderness experiences, and their sacrifices. Steinbeck portrays Jim Casy as Jesus Christ in order to show that people working together will give them hope and strength. Steinbeck sends the message that people must always look towards a brighter future and stick together. He says, â€Å"But when they’re all workin’ together, not one fella for another fella, but one fella kind of harnessed to the hole shebang-that’s holy. † (81) Although the Okies were being driven off their land, Casy worked hard to get the people to work together. One of the many ways Casy reaches out to people is by taking the blame and going to jail instead of Tom. By doing so, Tom was able to carry on with his journey and guide his family as well. This gave people the incentive to start working together and relying on each other. Casy desperately wanted to give his people some hope and spirit that would allow them to look towards a brighter future. Casy says, â€Å"I gotta see them folks that’s gone out on the road. I got a feelin’ I got to see them. They gonna need help no preacher can give ‘em. † (52) Casy knew that his purpose in life was to help those people in need. Therefore, he took every opportunity he could to help. He organized a group of migrants to picket outside a peach picking camp. By working together, the migrants managed to keep reasonable wages for their work. Even though he knew the risks of going to jail if there was ever a leader, he still did not stop fighting for his people. Jim Casy fought for his people till death. His message, however, remained alive and touched the hearts of many of the Okies. Before Tom leaves his mother, he says, â€Å"But I know now a fella ain’t no good alone. † (418) This showed that Casy was successful in spreading his message. He was able to make Tom realize the importance of a community during desperate times. Though Tom was just one person, he was sure that his people would soon get his message. Steinbeck portrays Jim Casy as Jesus Christ in order to emphasize the importance of unity in a community and also to give people enough hope and strength to allow them to carry on. Jim Casy is a symbol of Jesus Christ. He is used to give his fellow people hope and strength by working together. He has several similarities with Jesus Christ in his life and even in his death. His beliefs and ideas provide hope and strength for those in need. Steinbeck used Jim Casy to give the Okies some spirit to carry on and look forward to a brighter future.

Tuesday, October 22, 2019

Bus Stop, a 1955 Broadway Play by William Inge

Bus Stop, a 1955 Broadway Play by William Inge William Inges comedy, Bus Stop, is filled with sentimental characters and a slow-but-pleasant, slice-of-life storyline. Although dated, Bus Stop manages to charm its modern audience, if only due to our inherent longing for a simpler, more innocent past. Most of William Inges plays are a mixture of comedy and drama. Bus Stop is no different. It premiered on Broadway in 1955, just on the heels of Inges first Broadway success, Picnic. In 1956, Bus Stop was brought to the silver screen, starring Marilyn Monroe in the role of Cherie. The Plot Bus Stop takes place inside a street-corner restaurant in a small Kansas town about thirty miles west of Kansas City. Due to icy conditions, an inter-state bus is forced to stop for the night. One by one, the bus passengers are introduced, each with their own quirks and conflicts. The Romantic Leads Bo Decker is a young ranch-owner from Montana. He has just fallen head-over-heels for a nightclub singer named Cherie. In fact, he has fallen so wildly in love with her (mainly because he just lost his virginity), he has whisked her onto a bus with the assumption that the young lady will marry him. Cherie, on the other hand, is not exactly going along for the ride. Once she arrives at the bus stop, she informs the local sheriff, Will Masters, that she is being held against her will. What unfolds during the course of the evening is Bos macho attempt at luring her into marriage, followed by a humbling fist-fight with the sheriff. Once he is put in his place, he begins to see things, especially Cherie, differently. Ensemble Characters Virgil Blessing, Bos best friend, and father-figure is the wisest and kindest of the bus passengers. Throughout the play, he tries to educate Bo on the ways of women and the civilized world outside of Montana. Dr. Gerald Lyman is a retired college professor. While at the bus stop cafe, he enjoys reciting poetry, flirting with the teenage waitress, and steadily increasing his blood-alcohol levels. Grace is the owner of the little restaurant. She is set in her ways, having gotten used to being alone. She is friendly, but not trusting. Grace doesnt get too attached to people, making the bus stop an ideal setting for her. In a revealing and amusing scene, Grace explains why she never serves sandwiches with cheese: GRACE: I guess Im kinda self-centered, Will. I dont care for cheese mself, so I never think torder it for someone else. The young waitress, Elma, is the antithesis of Grace. Elma represents youth and naivete. She lends a sympathetic ear to the misbegotten characters, especially the old professor. In the final act, it is revealed that Kansas City authorities have chased Dr. Lyman out of town. Why? Because he keeps making advances on high-school girls. When Grace explains that old fogies like him cant leave young girls alone, Elma is flattered instead of disgusted. This spot is one of many in which Bus Stop shows its wrinkles. Lymans desire for Elma is shaded in sentimental tones, whereas a modern playwright would probably handle the professors deviant nature in a much more serious manner. Pros and Cons Most of the characters are very willing to talk the night away as they wait for the roads to clear. The more they open their mouths, the more clichà © the characters become. In many ways, Bus Stop feels like antiquated sit-com writing which is not necessarily a bad thing; though it does make the writing feel dated. Some of the humor and the comradery taste a bit stale (especially the talent show that Elma coerces the others into). The finest characters in the play are the ones who dont blather as much as the others. Will Masters is the tough-but-fair sheriff. Think of Andy Griffiths amiable nature backed up by Chuck Norris ability to kick butt. Thats Will Masters in a nutshell. Virgil Blessing, perhaps the most admirable character in Bus Stop, is the one who tugs at our heartstrings the most. In the conclusion, when the cafe is closing up, Virgil is forced to stand outside, alone in the dark, frosty morning. Grace says, Im sorry, Mister, but youre just left out in the cold. Virgil replies, mainly to himself, Well... thats what happens to some people. Its a line that redeems the play - a moment of truth that transcends its dated style and its otherwise flat characters. Its a line that makes us wish that the Virgil Blessings and the William Inges of the world would find comfort and solace, a warm place to take off lifes chill.

Monday, October 21, 2019

Top Workplace Trends of 2016 so Far

Top Workplace Trends of 2016 so Far It’s always important to stay on top of the most current and exciting trends in the workplace, no matter what your field. Here are the top 10  biggest trends for this year, according to the Society for Industrial Organizational Psychology. 1. Big DataThis has been on top of the short list for the past few years- and was also number one last year. Companies are increasingly looking for ways to analyze the mounting piles of data they accrue and find ways to maximize what they learn from that data to improve their business. Businesses need to keep strategizing how to get the best analysis and make the best interpretations in order to make their best decisions.2. TechnologyTechnology continues to evolve faster than we can keep ahead of it. And we are relying on it more and more. Businesses need to focus on figuring out how that reliance, plus the increased prevalence of automation, might affect their hiring and staffing decisions- not to mention training emphases for current and new employees.3.  Working RemotelyMore and more people are getting the opportunity to manage their own schedules and work remotely. Businesses need to keep an open mind as to how to best manage teams who are not all working from the same physical location- and how to keep productivity as high as possible.4. More Frequent ReviewsGone are the days of performance reviews only happening once or twice a year. The evaluation process will become more like an ongoing conversation between employees, supervisors, and management. This focus on continually improving will help employees develop faster and better- and help companies help them to improve.5. Employee EngagementEngaged employees are better employees. So much research confirms this. They go the extra mile so much more often. Businesses should constantly be thinking how to raise employee engagement, which will help boost productivity and set a constructive and positive office culture.6. Wellness for EmployeesBusinesses are under mu ch more pressure these days to provide health and wellness incentives for employees. The healthier the workers, the better the work!7. FlexibilityBusinesses are required to be more and more agile and flexible in their business practices. The willingness to take risks and innovate is proving to pay off more and more often. This will need to be incorporated into organizational principles and missions, including flexibility with work schedules.8. Work/Life BalanceThere’s more and more focus these days on offering better work/life balance for employees. And more and more employees are demanding such a focus. Businesses will have to figure out which strategies work best, and which are less effective, in order to compete.9. DiversityHiring practices will hopefully adapt to include more diversity in the workforce, and also more diversity-oriented thinkers in positions of authority. This is an important one, and is required to matching the ethos of the future.10. Social MediaSocial m edia sites like Facebook and LinkedIn will be used much more for hiring and recruitment- not just for networking. There are legal issues to keep in mind on both sides, for both workers and employers.

Sunday, October 20, 2019

Acounting job analysis

Acounting job analysis Free Online Research Papers In creating a job analysis comprising a list of job requirements and working conditions of each discrete job by giving each discrete job a generic title, creating a brief description of job activities for each discrete job, creating a list of essential functions that an employee must be able to do to perform each discrete job properly, creating a list of strength requirements of each discrete job, creating a list of physical requirements of each discrete job, and creating a list of frequencies of certain motions and movements necessary to perform each discrete job. A job analysis is conducted to pin-point the critical duties, tasks, and employees must possess to successfully perform the job. A job analysis can consist of questionnaires or just simple questions to aid in determining your ability to do the job. This is entry-level accounting work in independently auditing the financial records of companies or assisting a higher level accountant in this activity. The employee independently conducts examinations of accounts, including the preparation of the complete audit reports. Work in independent examinations is assigned by a higher level accountant and is subject only to general review. As a member of the team, the employee may be assigned any phase of a complex audit and work is reviewed by the accountant in charge. Work assigned requires familiarity with examination procedures and provisions of the system sufficient to conduct an examination of normal difficulty without supervision. Work requires the analysis of facts and figures to determine the propriety of charges or credits allocated to the various accounts of a company under examination, as well as drafting preliminary or tentative fiscal reports of findings. Assessments of the extent to which a companys accounts and accounting system conform to legal requirements are tentative and subject to review by a higher level accountant. Work is evaluated on the basis of performance on actual audits, by testimony given on rate hearings, and through review of audit reports for completeness. The ideal candidate for this position is to have a bachelor’s degree in accounting or related field. The ability to obtain professional recognition through certification or licensure, a master’s degree and proficiency in accounting is needed. However, if a candidate believes he/she is qualified for the job although he/she does not have the minimum qualifications set forth below, he/she may request special consideration through substitution of related education and experience, demonstrating the ability to perform the essential functions of the position. For each candidate and individual interview will be conducted. The individual interview is an opportunity for you to share your understanding of the job(2), the ideas and values you bring to the position, your motivations for applying, your talents and weaknesses, and other aspects of your candidacy. The interview will be conducted by a team composed of the senior accountant and a human resources employee. The interview is intended to be a time of dialogue between you and the interview team and is an opportunity for you to ask questions about the job and the department. The interview technique is used to gather qualitative information and the opinions of those persons affected by a particular program or project, its context, implementation, results and impact. Several forms of interview can be distinguished, each of which fulfils a different purpose: the informal conversation interview; the semi-structured, guide-based interview; and the structured interview (the most rigid approach ). The following is based on a semi-structured interview, the technique that is used most frequently in the evaluation of the job requirements. Creating a job analysis is a vital function in considering employees to fit the best employee for the job. Job requirements aid in weeding through applicants who are more qualified for the job. After fitting the requirements it is important to evaluate the employee to see if they are capable of fulfilling the functions of the job. That is the main purpose of the KSAOs. KSAOs(1) are the knowledge, skills, abilities and other characteristics which all encompass the job requirements and qualifications. There are two categories technical and behavioral. Technical measure acquired knowledge and other technical skills such as the ability to create and manage databases. Behavioral measure attitudes and approaches taken on the employees work such as the ability to collaborate. The ratings for the KSAOs(1) are how important these skills are to perform the job to the best ability. Appendix Job matrix 1 Title Summary Duties What to expect. Experience Skills KSAOs importance rating(1-8) Accountant Apply principles of accounting to record financial information and prepare statements and reports. Assemble, compile and classify data, prepare balance sheets and document business transactions. Work may be related to AP/AR, payroll or general accounting. Research Papers on Acounting job analysisMoral and Ethical Issues in Hiring New EmployeesBionic Assembly System: A New Concept of SelfOpen Architechture a white paperIncorporating Risk and Uncertainty Factor in CapitalThe Project Managment Office SystemRiordan Manufacturing Production PlanResearch Process Part OneAnalysis of Ebay Expanding into AsiaStandardized TestingInfluences of Socio-Economic Status of Married Males

Saturday, October 19, 2019

Reflection Essay Example | Topics and Well Written Essays - 500 words - 50

Reflection - Essay Example I still remember when my boss Mr. Simbiel drafted a memo and gave me the mandate to spread to staff member offices and put them on the notice board. The memo never achieved purpose intended for because in had no date printed on it. I learnt the importance of scrutinizing a business document right from the plain paper to posting and even after. No detail should be left unattended to. In business field, establishing a professional relationship with clients through available meals like letters, emails and fax are key to consider. In additions, contracts are importantly documented in order to avoid disagreements from brewing. Throughout the session, I was an intern I have applied this key writing issues I learn from class and my mentors in the field and have sure achieved great results from it. Sending letters electronically and learning email etiquette came in handy because it is my area I was not well exposed to in class but had the chance to implement. Most companies have pitched tent on social platforms and it is essential as a business hopeful and intern to master the effective communication of the business in order to attract customers, maintain and meet social media terms and conditions. This includes blogging for the company and replying to customer requests on the internet via either emails, social platforms or the fax system. Using the right word during communication is important to relay a message intended across. Without which causes a false alarm. I became pray to this when an episode crept up because of wrong word use. I emailed a customer about the debt owed to the company without putting into mind the effect of the words I used. The client complained bitterly to our manager who explained soberly to the client about me and the purpose of the message and rested the case amicably. Internship in a learning session that students should take time to grasp concepts particularly the practical aspects so

Friday, October 18, 2019

Schools of Strategy Essay Example | Topics and Well Written Essays - 3250 words

Schools of Strategy - Essay Example Also this school makes chief executive officer as the main formulator of the strategy. The planning school of strategy identifies strategy making as a formal process. It calls for a mechanical and systematic process of strategy formulation with no or little creativity. The cognitive school sees strategy making as a mental process and takes input from different concepts of psychology. This school is largely conceptual in nature. The learning school stresses on learning from past experience and therefore sees strategy making as an emergent process. The power school of strategy argues that negotiating between different power holders within the organization is an important part of strategy formulation. The environmental school sees strategy making as a reactive process that is dependent on the external environment. The cultural school of strategy calls for group work in formulation of strategy. The configuration school of strategy sees strategy making as a process of transformation. The different schools of strategy can be grouped into three larger groups (Mintzberg, Ahlstrand, & Lampel, 2002). First group is prescriptive in nature and consist of design, planning, and positioning school. This group tells how a strategy should ideally be made. Second group tells how the strategy is made and compromises of entrepreneurial, cognitive, learning, power, cultural, and environmental schools. The last group consists of the configuration school that is both prescriptive and descriptive in nature. Design School of Strategy The design school of strategy argues in favor of consciously controlled thought when it comes to strategy making in order to establish a fit between external opportunities and internal competence (Mintzberg, 2006).... This paper stresses that the position school also puts the job of strategy formulation in the hands of expert. Both the schools do not talk about team work and sharing of information when it comes to development of strategy. Centralized approach in strategy making was the mindset for a long time in management. Knowledge sharing was not considered vital until modern modes of communication were developed. This is why both the positioning school and design school view strategy making coming from a centralized source. Design school assumes that environment is stable and predictable, and there is no uncertainty while the positioning school accepts that market place might change due to competitors and change in demand. But both the schools focus on the economic environment. This report makes a conclusion that the design school and the positioning school are two of the schools of strategy presented in the book. The design school became popular in later part of 1950s and focuses on creative strategy formulation by the leader with the aim of creating a fit between the outside environment and the competence of the firm. The positioning school was founded by Michael Porter and it focuses on strategy formulation as an analytical process. This school argues that finding the right industry for the firm is essential and offer model for choosing an industry. Then this school suggests that firm positions itself in the industry and then chooses a strategy relative to the position of the firm.

Middle Eastern Origins of International Terrorism since 1945 Essay

Middle Eastern Origins of International Terrorism since 1945 - Essay Example For as long as we have had war, terrorism has been with us as a tactic to bring about change in atmospheres of political discontent and also to maintain control. From the Irish War to Osama Bin Laden, the world has experienced political activism to the extent of vandal, murder and suicide. According to Delaware: â€Å"The history of terrorism dates back at least 1500 years when Jewish resistance groups (66 - 72 A.D.) known as Zealots killed Roman soldiers and destroyed Roman property†. By the middle of the century, the Middle East has perfected and monopolized terror as a strategy to maintain control and promote their regimes. According to Middle East Info: â€Å"The Middle East includes 7 out of 19 of the most repressive regimes in the world. Arab and Iranian dictators oppress their subjects, sponsor half of the world’s major terror groups and imperil Israel, the Middle East’s sole democracy†. Today, tearful vigils in remembrance of the September 11 bombi ng of the World Trade Center in New York is the most historical bookmark of Middle Eastern terror. Concept of Terrorism Emotion is the culprit behind many of life’s extremities. Even a terroristic movement starts with some degree of emotional conflict. The concept of terrorism initially brings to mind political manipulation, kidnappings, bombings, and surprise attacks. The saddest aspect of the term is it is often aimed toward innocent bystanders, including women, senior citizens, and children who have no connection to any perceived offense. â€Å"Terrorism has been described variously as both a tactic and strategy; a crime and a holy duty; a justified reaction to oppression and an inexcusable abomination† .... ine terrorism in terms of law are listed in the table below: Definition of Terrorism, United States Code, (United States Code, 2012) Title 22 Chapter 38 of the United States Code (regarding the Department of State)definition of terrorism: : "The term 'terrorism' means premeditated, politically motivated violence perpetrated against noncombatant targets by subnational groups or clandestine agents† Title 18 United States Code defines international terrorism as: "Activities that . . . involve violent acts or acts dangerous to human life that are a violation of the criminal laws of the United States or of any State, or that would be a criminal violation if committed within the jurisdiction of the United States†¦[and] appear to be intended . . . to intimidate or coerce a civilian population; . . . to influence the policy of a government by intimidation or coercion; or . . . to affect the conduct of a government by mass destruction, assassination, or kidnapping† The essenc e of any terrorist movement is its threat to society. It is the basis for the existence of Homeland Security agencies. Regardless of how it is defined, terrorist tactics add up to one thing: violence. The violent approach arose from several circumstances in the 20th century. Nationalism developed in many countries, which undergirded many political movements and the formation of nationalist interest groups. The World Wars and the Cold War made fighting, death, and casualties a commonality. The tactic of taking hostages was added to the list of methods of political objection. The wars delegitimized any theories of peace and non-violent protest (Terrorism Research, 2012). The wars desensitized people to the death and breaking laws (Terrorist Research, 2012). The death toll of the wars overshadowed

Stock Market Cycles Essay Example | Topics and Well Written Essays - 750 words

Stock Market Cycles - Essay Example Although the political world affects the stock market in the short term the market recovers quickly. What drives the stock market the most are interest rates, inflation, and corporate profits. Interest rates are set by the Federal Reserve. Federal policy is set through the raising or lowering of interest rates. Interest rates help dictate the demand for goods and services. This in turn affects corporate profits and inflation. Interest rates set by business and industry are set according to what people believe the Federal Reserve will set long term interest rates at. This forecasting of interest rates is driven by what the Federal Reserve is projected to do in the future. High interest rates alter borrowing costs. This has the effect of changing the availability of bank loans and household wealth. Lastly, interest rates affect foreign exchange rates (Federal Reserve San Francisco). Corporate profits drive the stock market either up or down depending upon whether corporations have a gain or a loss. Large corporate profits give corporations more to spend or reinvest in the corporation. The gains are passed on to investors through increase in value of the company's stocks and larger dividends. Most dividends are reinvested into the corporation thus increasing growth potential of the corporation. Corporate losses have the opposite affect. Losses are passed on to corporate stock holders in the form of decreased stock value and lower dividend payments. What also drives stock prices is corporate reporting. A corporation that has had a positive growth fiscal year tends to prompt a rise in the value of its stock. Likewise fiscal reporting that falls short of forecasts has the effect of lowering stock value. In addition to reporting results, a corporation's non-compliance with reporting requirements or late reporting has the affect of lowering its stock value. Mainly, t his is because non-compliance is most associated with problems within the organization or reports of an external investigation by the SEC (Securities and Exchange Commission). Corporate earnings have the trickle down affect of the raising or lowering of purchasing power of its stockholders and employees. Employees often benefit from owning company stock through a corporate stock option program that awards stock to employees as retirement compensation. A company seeing losses passes that loss of value on to its employees by lowering of the stock price. This has the affect of lowering the value of the employee's retirement plan. A win-win situation would be employees working hard to assist the corporation in making profits because both the corporation and the employees benefit from higher stock values. As long as corporations and individuals have buying power they will exercise that power by purchasing more stocks. That, in affect, gives the corporation more money to spend on operations that make money for the corporation. Thus stock market values rise (Bull market). The inverse lowers stock values and reinvestment and the stock market experiences a bear market. Lastly, a war has an interesting affect on the stock market. Initially, the announcement of a conflict serves to drive the market downward. But, once war production begins and corporations begin to make money because of the conflict the stock market is driven up. Works Cited: Federal Reserve

Thursday, October 17, 2019

ICELAND'S FINANCIAL CRISIS Case Study Example | Topics and Well Written Essays - 2000 words

ICELAND'S FINANCIAL CRISIS - Case Study Example During this time period, home values began to fall dramatically and sub-prime rates eventually readjusted so that individuals owed up to double their original mortgage value on homes that were no longer even worth their original market value. A vast variety of the sub-prime mortgages offered to individuals who actually did not maintain quality resources to sustain an adjustable home loan interest rate were suddenly forced into foreclosure, which left lending institutions with a significant inventory of now bank-owned homes worth less than their mortgage values at the time of signing. As the housing bubble burst and grew more fiscally unsound, global investors found that the many derivatives (swaps) associated with home mortgages were no longer viable and lucrative opportunities for investment (Simkovic, 2011). Many investors from the European Union and the United States began looking for better investment opportunities, leaving financial institutions offering these derivatives with c onsiderably less quarterly and annual revenues stemming from mortgage-backed swaps and securities. Because mortgage-related derivatives were, for many years, adequate and lucrative profit opportunities for financial institutions, many offering these securities backed by mortgage guarantees had not diversified their revenue-earning capacities. As such, investment trading partners in the United States witnessed capital depletion rapidly where many institutions required significant fiscal bailouts to keep the entity afloat. Further complicating this situation was what is referred to as a bank run, where nearly five billion dollars in investment resources were withdrawn domestically and internationally in a 48 hour period by concerned and speculating investment firms and independent investors (Altman, 2009). Low-valued credit default swaps, a variety of mortgage related derivatives, and banking facility capital depletion soon hit Iceland and many other European countries. Iceland, after banking privatization had been established, was very dependent on making investments in international capital markets (Olsen, 2010). However, this instability and credit downgrading that occurred during the sub-prime crisis in the U.S. had destabilized multiple investment opportunities associated with mortgage-backed securities and derivatives. Thus, a once lucrative revenue source for Icelandic banks and other financial institutions no longer provided adequate capital infusion for the now-private banking facilities in the country. Since there had not been enough portfolio diversification in Iceland to spark domestic investment opportunity to offset dependencies on international investment losses, the exchange rate of the Icelandic currency value was affected and derivatives relationships with foreign banking partners were largely nullified. As the IMF and the U.S. Central Bank began changing monetary policy and increasing regulation to correct the sub-prime crisis, it inflated the U.S. dollar which only served to further weaken the value of the Iceland currency on the international exchange markets. How could the Iceland Crisis have been Avoided? Firstly, Iceland should have recognized that the U.S. would not necessarily have explosive gains on mortgage-related securities and derivatives that would endure indefinitely. The U.S. had a long history of a volatile housing market which should have provided adequate

The influence of Gender and Alcohol Consumption Patterns on Alcohol Essay

The influence of Gender and Alcohol Consumption Patterns on Alcohol Expectancy amongst Undergraduate Students - Essay Example Its nearly impossible to study each and every single person's perceptions on the subject of alcohol prevalence rates, however, numbers and statistics are always an accurate tool for study. Many of the articles chosen to use for research include survey results, marketing opinions, college binge drinking studies, psychology related magazines and of course programs to cure alcohol related problems; such Alcoholics Anonymous (AA) and social norms programs made by colleges to reduce and stop binge drinking. Fact, one in three eighteen to twenty-four year old persons admitted into emergency rooms for serious injuries are intoxicated. Fact, a twelve-ounce bottle of beer has the same amount of alcohol as a standard shot of eighty-proof liquor mixed or straight as well as a five ounce glass of wine. Fact, rates of binge drinking are increasing alarmingly. When alcohol and undergraduate students are near, they are contributing to the need for college anti-alcohol social programs, strict laws and regulations, and of course, serious and sometimes fatal injury. But, what is the major problem and why is it a problem Increasing rates of alcoholism on college campuses are creating a large number of negative consequences including long term brain damage, long term jail sentences, and extremely long term sleep; six feet under. The main contributing factors to the increasing rates of alcoholism are directly caused by ineffective laws and regulations and the superior power of manipulation from the multi-media. This paper will be divided into five sections; the first section will cover the laws and regulations made by Canadian and American governments, the second and most focused part of the paper, the marketing power of the mass media and its effects on the individual, the third section will discuss why current marketing strategies to lessen the rates of alcohol use are failing and will continue to fail, the fourth section will bring attention to many of the skewed statistics of alcohol studies and use real articles and statistics to strengthen this allegation, and the latter sections will deal with many of the internal and psychological factors that each individual faces before consumption of alcohol; here, research from psychology journals and magazines will be criticized and analyzed to make a rational an d proper conclusion of the previous discussions and arguments. Laws And Regulations Of Alcohol In most of the United States of America, patrons must be twenty-one years of age to purchase and consume alcohol, whereas in most of Canada, the age of consumption is nineteen, however, one strange fact is that at eighteen, Canadians are considered adults; that is, they are indeed permitted to vote, but not purchase or consume

Wednesday, October 16, 2019

Stock Market Cycles Essay Example | Topics and Well Written Essays - 750 words

Stock Market Cycles - Essay Example Although the political world affects the stock market in the short term the market recovers quickly. What drives the stock market the most are interest rates, inflation, and corporate profits. Interest rates are set by the Federal Reserve. Federal policy is set through the raising or lowering of interest rates. Interest rates help dictate the demand for goods and services. This in turn affects corporate profits and inflation. Interest rates set by business and industry are set according to what people believe the Federal Reserve will set long term interest rates at. This forecasting of interest rates is driven by what the Federal Reserve is projected to do in the future. High interest rates alter borrowing costs. This has the effect of changing the availability of bank loans and household wealth. Lastly, interest rates affect foreign exchange rates (Federal Reserve San Francisco). Corporate profits drive the stock market either up or down depending upon whether corporations have a gain or a loss. Large corporate profits give corporations more to spend or reinvest in the corporation. The gains are passed on to investors through increase in value of the company's stocks and larger dividends. Most dividends are reinvested into the corporation thus increasing growth potential of the corporation. Corporate losses have the opposite affect. Losses are passed on to corporate stock holders in the form of decreased stock value and lower dividend payments. What also drives stock prices is corporate reporting. A corporation that has had a positive growth fiscal year tends to prompt a rise in the value of its stock. Likewise fiscal reporting that falls short of forecasts has the effect of lowering stock value. In addition to reporting results, a corporation's non-compliance with reporting requirements or late reporting has the affect of lowering its stock value. Mainly, t his is because non-compliance is most associated with problems within the organization or reports of an external investigation by the SEC (Securities and Exchange Commission). Corporate earnings have the trickle down affect of the raising or lowering of purchasing power of its stockholders and employees. Employees often benefit from owning company stock through a corporate stock option program that awards stock to employees as retirement compensation. A company seeing losses passes that loss of value on to its employees by lowering of the stock price. This has the affect of lowering the value of the employee's retirement plan. A win-win situation would be employees working hard to assist the corporation in making profits because both the corporation and the employees benefit from higher stock values. As long as corporations and individuals have buying power they will exercise that power by purchasing more stocks. That, in affect, gives the corporation more money to spend on operations that make money for the corporation. Thus stock market values rise (Bull market). The inverse lowers stock values and reinvestment and the stock market experiences a bear market. Lastly, a war has an interesting affect on the stock market. Initially, the announcement of a conflict serves to drive the market downward. But, once war production begins and corporations begin to make money because of the conflict the stock market is driven up. Works Cited: Federal Reserve

Tuesday, October 15, 2019

The influence of Gender and Alcohol Consumption Patterns on Alcohol Essay

The influence of Gender and Alcohol Consumption Patterns on Alcohol Expectancy amongst Undergraduate Students - Essay Example Its nearly impossible to study each and every single person's perceptions on the subject of alcohol prevalence rates, however, numbers and statistics are always an accurate tool for study. Many of the articles chosen to use for research include survey results, marketing opinions, college binge drinking studies, psychology related magazines and of course programs to cure alcohol related problems; such Alcoholics Anonymous (AA) and social norms programs made by colleges to reduce and stop binge drinking. Fact, one in three eighteen to twenty-four year old persons admitted into emergency rooms for serious injuries are intoxicated. Fact, a twelve-ounce bottle of beer has the same amount of alcohol as a standard shot of eighty-proof liquor mixed or straight as well as a five ounce glass of wine. Fact, rates of binge drinking are increasing alarmingly. When alcohol and undergraduate students are near, they are contributing to the need for college anti-alcohol social programs, strict laws and regulations, and of course, serious and sometimes fatal injury. But, what is the major problem and why is it a problem Increasing rates of alcoholism on college campuses are creating a large number of negative consequences including long term brain damage, long term jail sentences, and extremely long term sleep; six feet under. The main contributing factors to the increasing rates of alcoholism are directly caused by ineffective laws and regulations and the superior power of manipulation from the multi-media. This paper will be divided into five sections; the first section will cover the laws and regulations made by Canadian and American governments, the second and most focused part of the paper, the marketing power of the mass media and its effects on the individual, the third section will discuss why current marketing strategies to lessen the rates of alcohol use are failing and will continue to fail, the fourth section will bring attention to many of the skewed statistics of alcohol studies and use real articles and statistics to strengthen this allegation, and the latter sections will deal with many of the internal and psychological factors that each individual faces before consumption of alcohol; here, research from psychology journals and magazines will be criticized and analyzed to make a rational an d proper conclusion of the previous discussions and arguments. Laws And Regulations Of Alcohol In most of the United States of America, patrons must be twenty-one years of age to purchase and consume alcohol, whereas in most of Canada, the age of consumption is nineteen, however, one strange fact is that at eighteen, Canadians are considered adults; that is, they are indeed permitted to vote, but not purchase or consume

Strategy Positioning Paper Essay Example for Free

Strategy Positioning Paper Essay Apple is one of the most innovative companies that were ever created to surface our technology world. Founder created it Steve Jobs and two others in 1976. Apple is an â€Å"American multinational corporation headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, online services, and personal computers† (Apple Inc., 2014).Apple is most known for its hardware products such as the Mac computer, IPod, IPad, and the infamous IPhone smart phones, just to name a few. The sleek design of all these products mentioned, is one of the major components that separates this line from its competitors. Having a collection of Apple products is in very high demand across the globe, due to its popularity, speed, and overall technology performance. It has over 400 retail stores across fourteen countries. It does not surprise Apple customers when they develop something great and market it to the world seeing that Apple has estimated revenue of $170 billion. Most Apple consumers are ready for something new to be launched, just so they can get their fingers on it. Apple, Inc. is introducing a new product called the iFlash. It is a portable flash drive combined with a charger, having a flash drive on one end and a charger on the other end. The iFlash comes in varies GB of 8, 16, and 32, with its compatibility with all Apple products. It also comes with a docking station that it connects to so that it can charge itself. It gives you the luxury of being able to charge your phone on the go without worry about finding an outlet to plug it into. The iFlash lets you have the freedom to charge your phone, without being connected to a power source, which is great for this â€Å"on the go generation†. The iFlash is also Wi-Fi capable which means that whenever you have Wi-Fi capability you can upload and sync your phone with iTunes and iCloud as well as perform any  updates that are needed to any applications or to your operating system. The built in flash drive allows you to save information from your phone to the flash drive if needed or you can use it as a portable flash drive on its own. A SWOT analysis of the organization and offering Recognition of Brand Many people are around one area, could leave the Wi-Fi in slow connection Opens opportunities to downloading to a computer without the use of a cord attached to it Workers being exposed to Benzene and N-Hexane The table shows that iFlash could be an advantage or disadvantage with the company. IFlash gives this now on the go generation the opportunity to get things done and stay updated without the fear of finding an outlet to plug into. Many companies that work with electronics have to worry about workers being exposed to Benzene and N-Hexane. Both of them could be critical, however, Apple practices going green. Apple likes to use some of their older projects to help advance the company and gain additional knowledge about the iFlash. The iFlash is yet another fantastic technological creation from  Apple that will give its users the benefit of saving data, including pictures and videos without having to plug into or log onto a computer at all. At the same time, the iFlash will allow the charging of any Apple device without having to plug into an electrical outlet. Both of these functions are wonderful alone but together they make for an extremely useful device. According to Porter’ s five competitive forces, however there may be a significant amount of competition almost immediately. Because of the fact that mobile device industry is so profitable there will surely be a number of threats of new entrants as has been the case for almost all advancements in the industry. One thing that Apple does have however is an extremely loyal customer base, which will certainly help with the success of the launch of the product. Apple customers are so loyal in fact, that some actually camp out in front of stores in anticipation of the release of a new product, in particular the iPhone. The threat of substitute products or services is also very prevalent and in fact to some degree already available. There are both portable chargers and flash drives already available however not as a combination, which is where our product is different from any other. There is also the factor of bargaining powers, both of the customers as well as the suppliers. Apple has a substantial production and distribution operation however, whenever a new device is introduced there is inevitably a backlog because of the popularity of the product. This in essence would create a bargaining power for the customer however since Apple is so popular and established it does not. This might however create a bargaining power for the suppliers because they know that the demand for the product is huge and they could possibly play on that to charge more to produce the device. The competitive rivalry is alive and well in this industry perhaps more than any other industry today. Market Segmentation Base Apple should segment the market on the following basis. Accessible: The selected segments should be reachable in terms of communication or distribution channels. Identifiable: The market segments should have differentiable measures that are easy to identify while segmenting them. Durable: The segments should be stable enough to manage changes in the cost of product offerings (McDonald, 2012). Substantial: The market segments  should be large enough to justify the use of resources for targeting them. Unique Needs: The segments should be able to respond to marketing mix differences to justify separate offerings. By using all these variables, demographic segmentation strategy will be used to segment the target market. It will also cover age, occupation, income, attitude, buying pattern etc. Target Market Because our product will be used with Apple computer, iPad, iPod, and iPhone and is sold in our Apple store, our market can potentially be anyone with an Apple computer, iPod touch or an iPhone. Apple has sold an estimated 33 million total iPhones and 13 million iPod touches, and 14.1 million IPad. This means the market consists potentially of about 60 million Apple. Specifically, we are going after two target markets. The first market will be teenager/college students, ages 16 and above. This market is interested in socializing, music, gaming, recording school notes, and being able to have them at any time. What we can offer them is a device that will be convenient in use and allow quick availability of content for the student. We are providing them the flexibility to have their products and apps available at all time. The other market we are going after is the business peoples. This person is primarily male or female from the age of21-55. This market is interested in being able to transfer their apps, music, or reports from one device to the next. This device allows business people to finish work efficiently and securely on multiple devices. In addition, the businessperson can upload or download material at will. Carrying these small devices make moving data, software and material from one device to next much easier. This product provides the average consumer the resources to move, data, software music, and apps from one product to the next. The reality of the target market is going to be anyone with an apple iPhone or iPod or those who are thinking of getting an apple product. The main audience is going to be teens, young adults, college age, and adults because they are the main audience for the apple products. â€Å"Apple products are also useful to young children and kids. The reason for this is that devices such as iPods and iPads are easy to use due to their touch screen quality, which is good for children. Parents can download learning game apps on Apple devices to teach young children and kids.† This product is can be used to charge two to  four apple products at the same time so it will save ample time in charging products. Emotional and Logical Driver The popularity of our devices link to a device that allow them all to talk and interlink will be quickly becomes a great seller for Apple. We will also target the need for a device that allows business people and student to have accessibility to their data at any location and at any time. Logically, this device will make business and studying much easier. The driving force for this product will be need, available, and convenient. â€Å"Adults are also one of Apple Inc.s target markets. IPhone’s are useful to adults for their everyday needs such as phone calls, map directions, internet connection, documents, and cameras. Carrying these small devices makes adults lives much easier for communicating daily.† Apple products are used by people of all ages for just about anything you can think of from watching a moving to doing business. Many students use their iPhone to do homework (myself included) because it is much easier then carrying around a laptop all day. The tablet i s a common item among students of all ages because it is smaller than a laptop but is capable of doing the same thing a computer can. â€Å"Teenagers are considered one of Apple Inc.s target markets. Teenagers use iPods for many reasons. Some of these reasons are to socialize with friends, listen to music, and go on Facebook, MSN, twitter etc. There are also many gaming apps that appeal to them. IPods have become quite a trend with teenagers† (Apple Inc.’s Target Market). Teenagers live on their apple products, without them they would not know what to do with themselves. Apple has the appeal to the teenage population with all their products. Adults are also one of Apple’s target markets due to the convenience of using it helpful tools such as map direction, internet connection, receiving and sending documents, and the camera. Carrying these small devices makes adults lives much easier for communicating daily.† â€Å"Business People are very intrigued by Apple products. All Apple devices (iPhones, iPads, MacBooks etc.) have a business quality that is very useful. These devices are used to finish work efficiently and to communicate with clients easily. In addition, sending documents is easy and organized† (Apple Inc.’s Target Market). Apple products are used by people of all ages for just about anything you can think of from watching a moving to  doing business. Many students use their iPhone to do homework (myself included) because it is much easier then carrying around a laptop all day. The tablet is a common item among students of all ages because it is smaller than a laptop but is capable of doing the same thing a computer can. Apple has implemented the strategies of push and pull in order to reach their target market. Because of push strategy, the product was placed in front of the consumer. By means of advertising as well as making sure, the customer is mindful of their new product the iFlash, which are a charger on one side and a flash drive on other. However, this approach works extremely well for low price product and drive investment product. There are several ways Apple Inc. can implement the push strategy in order to enhance knowledge of their new product the iFlash. Operating the market to reassure the request of the retailer, promoting the iFlash face-to-face or display area, Apple Inc. can reassure other retailers to stock their product. Although, at times companies must cooperate with retailer to stock an individual product since retailers does not have much space. Nevertheless, want to stock products that will sell, well-organized supply chain allowing retailer supply, packaging design to encourage the purchase, and point of sale displays (Marketing Made Simple.Com). In the meantime push strategy also work best for wholesalers, suppliers inventors and others that by this time has already established a connection with operators. Then there is pull strategy, which Apple Inc. can use to increase demand that encourages customers to pursue an individual product aggressively the iFlash. However, it is intended mainly for the end customers. Nevertheless, a well built and able to be seen brand is required to make certain that the pull strategy is a success. Although, there are many ways a company can apply pull strategy to endorse their brand such as creating advertising strategies that involve the mass media promotion of a product. Customer relationship management that ensures current consumers is mindful of an innovative product that will fill an individual requirement, referral, and sale promotions and discounts. By exercising, those policies drive the demand for the iFlash product. However, because of the demand retailer are pushed to pursue the product as well as to stock on the shelves in their stores. Meanwhile, Apple productively implements the pull strategies to  introduce their products such as iPhone, iPads, iPods and their newest product the iFlash. However, several companies are willing to apply a mixture of push and pull strategies in order to have a productively market product. The strategies that were provided above explain the needs that drive purchase in our current company, which is Apple Inc. It also explains how to encourage retailers to promote its product within their stores. However, it also shows the drive to get customer to purchase iFlash, which is a useful product, it help if your iPhone, iPad, iPod, or Apple laptop has to be charge. For an instant, let us say that one has a meeting and the information that is require located on that hard drive, which can be helpful within that section. However, push and pull strategy help companies to push its product such as place, price, and promote to have a successful product as well as loyal customers. The industry category that Apple falls under would be that of the technological device and applications. This is one of, if not the fastest growing and most competitive industry categories today. Technology is advancing at such a staggering rate that it is often said that once one purchases a new device suc h as an iPhone or iPad it will soon be out of date because the next model will be available in the near future. That should not detour a person from purchasing the product however, just know that if you want the newest and best model you will have to continuously upgrade, which is quickly becoming the norm. This is also in fact how Apple solves the target’s needs, because the reason the advancements and next generation models are developed so rapidly is because both the developers and consumers recognize new options that could be made available or improved. Even when only minimal improvements or new options are recognized, a new model with those options included is developed and distributed virtually always with extremely successful sales. IFlash’s main competition would be Samsung being that they would try to duplicate the same technology as iFlash. Another competitor would be Energizer or any other type of battery maker. However, they would be unsuccessful in the industry because constantly buying batteries to maintain a charge on the devices can be expensive and inconvenient. IFlash would be different from other competitors because while they still struggle with wires bending, breaking  and being lost, the iFlash USB is a portable device that is conveniently stored with a person’s portable device for protection. What makes your organization different from its competition? When it comes to competition, Apple Inc. is truly in its own category. Apple does not just sell devices; it sells online services as well. You have the online Apple store to purchase the latest products, ITunes for media browsing, Safari web browser, and IOS operating system. Apple also has its own retail store that touches 14 countries. This store is not your average retail store, its high tech design and Genius bar to help customer with any technical support. This store also provides presentations and workshops to train the public on new products. Having something so beneficial for the public to utilize definitely sets them apart from its competition. Apple as a company has proven its relevancy in today’s market. Its products are in very high demand, being the largest â€Å"Apple is the largest publicly traded corporation in the world by market capitalization, with an estimated market capitalization of $446 billion by January 2014† (Apple Inc., 2014). Product, Pricing, and Channels Introduction Apple Inc. incorporated in 1977. Their business model has been design, production, and promotion of personal computers, messaging and communication devices, mobile media, laptops and other portable digital equipment. The company also produces a wide range of associated software applications, secondary merchandise, and services, the most well-known among these: iPhone, IPod, iPad, Mac Book, IOS and OSX systems. Apple recently purchased a seed company from Silicon Valley that focuses on I-Flash Charger. A detailed description of the features of your product or service including how it solves the needs of your target market Apple, Inc. has introduced a new product called the iFlash. It is a portable flash drive combined with a charger, designed for people who need to multi task on a daily basis. Having a flash drive on one end and a charger on the other end, has its simplicity and over all convenience. . The iFlash comes in varies GB of 8, 16, and 32, with its compatibility with all App le products. It also comes with a docking station that it connects to so that it can charge itself. It gives the average person on the go, the luxury of being able to charge your phone  without worrying about finding an outlet to plug it into. This iFlash lets you have the freedom to charge your phone, without being connected to a power source, which is great for this fast-paced generation. The iFlash is also Wi-Fi capable which means that whenever you have Wi-Fi capability you can upload and sync your phone with iTunes and iCloud as well as perform any updates that are needed to any applications or to your operating system. The built in flash drive allows you to save information from your phone to the flash drive if needed or you can use it as a portable flash drive on its own, and save work from a desktop computer or laptop. This new product was created with much thought to make your everyday task that much easier. A description of how marketing efforts will change with each phase in the product life cycle Since a very well established firm such as Apple is introducing the iFlash, it will have a great chance for very successful profit margins. The introduction itself is expected to be very successful as with many other Apple products introduction where in many cases people actually camp out hours, even days before the release. The lines at Apple stores when a new product or new version of a popular is being released are always extremely long but the consumers do not care, or rather, they do not let that stop them from wanting to be one of the first to own the hot new Apple product. That being the case, during the marketing introduction phase of the iFlash’s life cycle the marketing strategy will be to have ads on T.V. during popular shows, as well as in printed publications that appeal to a tech savvy and in that case maybe younger consumer group. During the market growth phase we believe the iFlash will have shown how wonderfully convenient it is and is necessary have. Therefore the product will then be market to a much wider range of a consumer group and ads will be place in other types of publications, and ads on T.V. and radio will be during different times of the day as well as during different programs and on different stations to appeal to that wider demographic. â€Å"In the market growth stage, industry sales grow fast—but industry profits rise and then start falling. The innovator begins to make big profits as more and more customers buy. Nevertheless, competitors see the opportunity and enter the market (Perreault, Cannon, McCarthy, 2014). That being the case we expect there to be copycat products as there usually are so prices will have to be  adjusted accordingly because some customers will not care if the product is of the same quality as the iFlash if it is half the price. During the life cycle phases of market maturity and especially the sales decline phase, we will begin to develop a new generation of the iFlash with new capabilities and perhaps at a better initial market price. The packaging you will use for your product or service and how it will add value When it comes to packaging, it may appear as less important to some customer electronics companies. Meanwhile, Apple impressions on their packaging design are taken very seriously. The way Apple package its iFlash and other products, everyone who has opened an Apple product of any kind know that Apple’s packaging is well designed. It reflects a consideration in which many companies do not take the time distribute. Therefore, packaging for Apple is more than how products are placed securely inside its package. Apple’s packaging always looks clean and simple, and the iFlash packaging will be true for the brand. However, the art of the cover of the box is a small size box for the produ ct, which would be inside. In other word, it would be the perfect marketing message, building expectation and making the product the center of attention. Meanwhile, the only other graphic arts on the package are the Apple logo, and the name of the product would locate in the side of the box. Therefore, with the iFlash, being a flash drive on one side, however, the space on the iFlash runs from 8GB to 32GB, which is good for storing pictures and another source of information. The packaging Apple created for the iFlash is unique and made exactly to fit the iFlash, which is stored safely in its box. The appropriate pricing strategy for your product or service and the price you will set at launch The appropriate pricing strategy that will be used upon initial launch of the iFlash would be premium pricing. â€Å"Premium pricing strategy establishes a price higher than the competitors. It’s a strategy that can be effectively used when there is something unique about the product or when the product is first to market and the business has a distinct competitive advantage† (Richards, 2014). Since the iFlash will be the first to m arket, the competitive advantage would be at 100%. Until competition and knock-offs hit the market Apple can continue to charge premium pricing on the product. The iFlash will be offered at four different price points based upon the USB flash drive memory capability. The 2GB will be launched at $19.99 and will be  available in the same colors that are available for iPhones. The 8GB will be launched at $29.99, 16GB launched at $39.99, and the 32GB iFlash will be launched at $49.99. By offering these products at the available pricing, the consumer will notice that the prices are not that much different, and in some cases cheaper than just purchasing a USB flash drive it, and the iFlash performs an additional function! Even if competition comes into play, the iFlash is reasonably priced for an Apple product, and as with all other Apple products, customers have proven willing to pay for quality over price preference. Since the iFlash will be the only product of its type available as a dual feature product, the hype will be instant and hope that the buzz will remain as people flock to purchase the product. The ability to carry around your data and charge your phone at the same time without being tied to a wall outlet allows an iPhone user to be more on the go than before and have more capability to share information, save information, and transport their information. The ability to take the iFlash anywhere and charge your phone from a portable location is a feature that has not yet been offered from any phone competitor to date. By setting, the pricing amounts at the above points Apple can decide to lower them if needed once competitors enter the market, however, based upon the features and quality of the product Apple believes this is a valid and acceptable pricing strategy, which has been set for initial launch. The channels of distribution you will use to sell your product along with a description of how each channel partner will add value â€Å"Apple’s stores are among the most successful brick-and-mortar shops around, generating more revenue per square foot than any other retailer in the United States, including Tiffany.† (Paczkowski) Apple has over three hundred and seventy two store in the United States but the retail outlets sold 40% of the merchandise from Apple. Apple deals with all the phone outlets plus Best Buy, Wal-Mart, and Amazon. The main revenue the company makes are from the channels distribution centers, Amazon is a big seller because of the Internet availability, and they deliver quickly. The phone centers such as Sprint, Verizon, T-Mobile, ATT, and Best Buy are hands on type of distribution center where you can look at the product in real time make it easy for Apple consumers to buy or look at the Apple product. â€Å"Apple is using two major distribution channels to reach the end-user. Direct distribution: Apple established the retail stores in different regional location; it displays the product and provides the information and support to the end-user directly. Indirect distribution: Apple used the intermediary organization to Fragmenting bulk supplies of inventory, provides the financial services to retailers and Increase ease of customer purchase, beside, Apple minimize the transport costs by monitoring and operating a warehouse close to the intermediaries.† The supply chain for Apple products are a vast majority because Apple knows how and what the consumers want and the suppliers are more than happy to get the product for them. Apple products are a worldwide enterprise and the consumer continues to want more so Apple produces more and supplies the chain. With the Apple Standard being adopted as the Industry standard and Apple becoming the major supplier of digital software to the Consumer Electronics industry Apple is in a unique position to leverage its design and innovation capabilities to make high quality digital products for this market. Apple can then use the differentiation strategy to command premium for its products based on the quality and features. They would then become a niche player in the upper and premium end of the digital products market. Conclusion The Apple iFlash has the potential to change the mobile device market. The method of presentation is going to determine how quickly this will happen. The competition will follow the product through its distribution channels, but this product will lead the market exclusively for a significant period. It is during this time that Apple will focus most on developing and perfect the unique functions of the product. The pricing strategy and distribution phases will extract maximum profitability. In the current world, everything has turned digital. Today, the use of iFlash has influenced considerable factors that have effectively enhanced storage and mobility. This has influenced a great challenge to the upcoming generation because of the new devices and the course outline they cover in their institutions. However, Apple Inc. created a suitable device that can meet all the need of the current generation. In general, the target market of the iFlash is the  current and the upcoming generati on. Research shows that most youths are attracted to Apple products because their brains are intelligent, and they believe that this is the right device. The device can store information and link Apps to multiple devices. In addition, the iFlash has suitable features compared to other storage devices. This iFlash will be widely used because of its speed, compatibility and efficiency compared to other storage devices. Your promotional strategy for your product or service, including how you may use the following; Advertising, Public Relations, Digital Marketing, Sales Promotion, Direct Marketing, Event Marketing, Outdoor The promotional strategy for the iFlash would be what is typical from Apple. Advertising is a key so there would be numerous clever televisions, radio and printed advertisements to inform the public of Apples new product the iFlash. Because of the fact that Apple already has very loyal following the advertisements would primarily focus on bringing new customers over to the Apple line of products but also to inform those that already own Apple products how beneficial it would be to own an iFlash. Public relations would be handled in all Apple store locations as well as all other subcontractors that have agreements to sell Apple products. Obviously, Apple stores would have great promotional deals on the iFlash as well as all other Apple service providers that sell Apple products and services and we would offer promotional discounts all around for the purchase of an iFlash. Apple plan to take full advantage of social media to advertise the great benefits of owning an iFlash and will send digital messages to current customers. That already own an iPhone or iPad so they may see firsthand what a great product the iFlash is. The iFlash will also be marketed at popular events such as sporting events and music concerts to allow the public to see how wonderful a product is and how it could help them. Both save the images and videos that they have taken on their iPhones as well as to insure that they have a full charge to take as many pictures and videos as they want without worrying about storage capacity. As we, all know our hand held devices are fantastic for capturing important or fun times in our lives but often times the capacity is limited  because we have done so many times. without saving our images or videos to an external drive and when another moment that we want to capture occurs our device is unable to because the memory is full or your device has used its charge and not only can you not capture the occasion but you may not be able to call someone in case of an emergency. With an iFlash in your pocket, this will never happen again. The effect professional selling may have on your offering

Monday, October 14, 2019

The multifaceted role of a manager

The multifaceted role of a manager The role of a manager in modern organization is a multi-faceted one-it involves many duties including planning and controlling budgets. However, it is argued that one of the most important and challenging roles of a modern manager is that of successfully managing PEOPLE. Tapping into peoples creativity, motivating them and providing support and appropriate leadership is vital to the success of the organisation Discuss this statement with a particular focus on exploring what skills are necessary to successfully mange people in todays workplace. The complex systems within which people perform their roles in called an organisation: which is also a coordinated group of people who perform tasks to produce goods and services, colloquially referred to as company (Muchinsky. P M, 2006). Organisational behaviour is thus a study of structure, functioning and performance of organisation, and the behaviour of groups and individuals within them (Pugh, 1971). Studying organisational behaviour is understanding how organisations work as a structure and assess what people accomplish, from the manager to the simple employee. In this present study, we are going to be interested in managers. What is a manager? A definition of a manager could be the one given by Bloisi W et al, who suggested that managers are people responsible for working with and through others to achieve objectives by influencing people and system in a changing environment ( 2003, 50) . This definition gives us a fair insight of what managers do but what are their roles in a modern organisation? Hence, in an attempt to analyse and understand what managers are to accomplish and how, we will subsequently analyse the multifaceted roles of a mangers through the different school of management approach, see why the greatest challenge for a modern manager is to successfully manage people and finally see other skills or competence required for a good manager. Before the issue of mangers role in an organisation is being addressed, it is highly crucial to understand how new organisations operate and what a real manager is. As depicted earlier, a manager can be portrayed as a person operating within the frame work of an organisation and driven by set objectives and through whom the process of effectively and efficiently combination of factors of production could lead to an optimization of output (profit à Ã¢â€š ¬). He/she endorses an economic rational behaviour, in relation with the objectives set by their company: which in a sense is maximising output for given inputs, [bearing in mind the constraints of cost]. Several Streams of thought and theories governing the managers role have emerged since the beginning the twentieth century from the classical perspectives, the human relation approach, the systems approach to the contingency theory. All of which highlighted the legal responsibilities of a manager which has mutated in parallel with the workforce evolution. The Classical perceptive defended by Frederick Taylor and his work on scientific management and Fayol later on with the administrative principles  [1]  of management, both focus on the idea that management can be learned and set in codes systematically. These ideas are mostly concerned with the structural perspectives of management: [focusing] on structuring and design of work and organisation (Gordon, J (1999, 14). For Taylor, a managers role has to be scientifically driven. He believed that managers have the responsibility to organise, plan and determine the best methods for performing jobs ,describing management as a science in which employees have specific and yet different responsibilities within their organisation. He is one of the first to talk about managerial and non-managerial roles and believed that scientific observation of people at work through survey and motions studies [] would be the one and only best way to do non-managerial task (Bloisi W, 2003, 6). Hence after the scientific observation made and the objective set, the manager has to behave in line with the scientific principals whilst recruiting, through the development of work, training and equal division of work between workers and management. However , despite setting a new way of viewing management in an organisation , the scientific approach of Taylor has been acutely criticised because in practice, the theory has said t o be too preoccupied with productivity (Bloisi W, 2003, 7) ,thus not really taking into account the employees welfare. Henri Fayol, a French industrialist for his part developed his own principals of management based of administrative aspect of managers role, in which he believed that businesses are divided into six subsystems and to run them successfully, managers have to exercise several duties which comprises; planning, organising, coordinating activities, commanding employees and controlling performance. For Fayol, managers plan by analysing the future and its outcomes through anticipation, goal setting, forecasting and decisive actions. They organise through the design of a framework/structure to assist the set goals. They coordinate by bringing together the activities taking place in the organisation. They command by directing the organisation on the path they want it to follow through leadership and motivation of employee Jack Duncan (1990,97 ) and finally they control by making sure that everything is undertook as planned and in occurrence keeping an eye on the budget. Fayol also added to his five management function his fourteen principles of management which calls for Specialization, unity of control unity of command and coordinating activities Gordon, J (1999, 16). Managers roles a quite diverse but yet, while the obligation of economic results is a necessity for managers nowadays effective managers are those who manage their employees. The structural perspectives of management through the classical theories of management held a quite limited view of people as employees. This is why the behavioural approaches were then suggested. In these approaches we have a shift where workers were no more viewed as passive and driven by economical self-interest (which was a rather mechanical point of view) to a more human-centred orientation where they to have their word to say in the organisational efficiency. These approaches set the structure that alimented the human relations school of thought where mainly Elton Bayo and Abraham Maslow believed that social attitude, relationship with employees and group work were the key for a successful organisation. In 1924, Elton Bayo undertook a research project to determine the relationship between physical working condition and productivity and came out with the Hawthorne effect that suggest that by simply paying attention to the experimental subjects causes their behaviour to change (Bloisi W et al , 2003, 7) and thus their productivity would increase. This approach is in reality very different from the classical approach because it inspires a variety of ideas that had no scientific justification. Hence manager should then be aware of the impact they could have if they pay more attention to their employees. Maslow for his part elaborated his theory of motivation where he defines human motivation as the study of ultimate human goals in his 1954 bo ok Motivation and personality (Bloisi W et al, 2003, 12). This suggests that if a manager motivates effectively his crew, this could lead undoubtedly to an increase of both welfare in the organisation and also output. From the human relations and classical approach came the system approach elaborated by Bernard and the contingency theory, who believed in the social and technical integration of human relations and classical for one and that other that they is no best streams of thought and they were all circumstantial. Moreover, Henry Mintzberg following his observation of the various streams of though believed that there is a disparity between managers role in the classical theories and the reality. He then came out with two contrasting view of managers: the rational heroic view and the chaotic realistic view. For him managers actually fill a series of ten roles that he point out in his book. The Managers job: Folklore and Fact. For him the rational heroic view implies that the manager know what he and his staff are doing, how and accept responsibility for the problems that can occur and evaluate his performance. The chaotic view implies the way todays managers flourish (Bloisi W et al, 2003, 53) preferring action over reflection. In his ten roles of managers Mintzberg says managers formal authority and status comprises interpersonal roles, information roles and decisional roles. For the interpersonal roles, managers have to stand as figureheads of the organisation, as the leaders and as the first liaison officers. For the information roles, they have to be the monitors, the disseminators and the spokesmen. For the decisional role, managers have to be the entrepreneurs, the disturbance handlers, the resource allocators and the negotiators. They must therefore be aware of environment in which they operate and understand how external factors could influence performance of internal subsystem (Bloisi W et al, 2003, 53) Aside from successfully managing the people in the organisation, effective managers are also those who embrace an ethical behaviour whilst working in an organisation, meaning that they have to be aware that legal requirements mandate certain ethical behaviours and have to ask themselves some questions like: What is morally just or right? And what is likely to benefit our own careers.(R.Gordon, 1999, 7). In conclusion, management is a very complex job because of the multifaceted role a manager has to encompass to successfully run a company. Being a manager means, knowing how to plan, to organize, to coordinate activities in the organization, to command the staff and finally to control performances. Aside from all these attributes given to a manager, a manager has also the responsibility to manage his employees effectively by motivating them, providing them support so they can achieve their individual needs, and give them appropriate leadership so they could identify themselves in the organization. Effective manager are also those who know about their biases and try to correct them if possible. After seeing what made a good manager,