Saturday, October 5, 2019
How the pen is Important Research Paper Example | Topics and Well Written Essays - 750 words
How the pen is Important - Research Paper Example It acts as a filter, blocking the processing of extraneous information. Writing letters with a pen or pencil on paper, we concentrate better and make the brain to pay attention to what we write. Virginia Berninger, a psychologist from the University of Washington, explains the differences between the handwriting and the keyboard, so that with handwriting a person commits more movements, because each letter has its own set of elements, and work on the computer is monotone, you need only to press a key (Berninger 72). Many famous writers preferred to write novels and plays by hand, even when their colleagues have chosen the keyboard. In 2009 psychologists of the University of Washington have found that students who wrote essays by hand, got the text which was richer and more diversified, they used more sophisticated phrases and coped with the tasks faster than their peers, who were typing on a computer (ââ¬Å"Learning Disabilities Research & Practiceâ⬠). Working at a computer overloads our sensory system. Staring of the screen, cursor movement, the temptation availability of any information in a single click ââ¬â here are the factors which dull our creativity. On the contrary, when you have just a piece of paper and a pen in front of you, the brain does not receive any additional stimulation and focuses its resources on a specific task. Many professors believe that computers serve as distractions, detracting from class discussion and student learning (Yamamoto 56). Habit to record the experiences and thoughts on paper can reduce their severity. (Pennebaker 43) Natalie Rogers, an author of expressive psychotherapy techniques, considered diaries as an important way of self-expression and the awakening of creative energy. The more often we write by hand ââ¬â the more frequently we express our individuality, is Rogers`s opinion. It is expressed in the shape and size of letters, handwriting fluency, and location of the text on the page. In the process of writing we
Friday, October 4, 2019
Legacy Business Project Essay Example | Topics and Well Written Essays - 500 words
Legacy Business Project - Essay Example Completing legacy business project on Cliffââ¬â¢s hardware instilled in me clear knowledge about systems and agency or stewardship surrounding family businesses. Completing the project made me realize the family business system is comprised of three mutually dependent and overlapping groups, which include the family, business and ownership. The overlap creates numerous groups within the family business with varying opinions, interests and objectives. Besides family owners, there are family members, family employees, family owner-employees, non-family owner employees as well as non-family employees. For example, we found out that Cliffââ¬â¢s hardware family business is managed by the family members including Martha Asten and Terry Asten Bennett, who has been Cliffââ¬â¢s Variety manager since the 1990s. There are also employees, who are not part of the Asten family. Based on the research, it was clear that the probability of a family business transitioning successfully from the first to the second generation is usually slim and grows slimmer as the business progresses to successive generations. Like in every business, family business is not immune to the issues of stewardship of agency. The interest of the family business must be protected because the overlapping groups with varying interest and opinions try to push for their own ends. A healthy family system is usually advantageous to the family business while a broken family system will negatively impact the health of the family business. Trust is often a critical ownership tool in family businesses. Holding regular meetings is crucial for the growth and survival of legacy businesses because it creates a platform for discussions beyond the confines of boardrooms. For example, in our project during our attempts to reach Martha, a second-generation member of the family business, we were told by Frank, an employee at Cliffââ¬â¢s that Martha and other family
Thursday, October 3, 2019
Andrew Jackson Campaign Speech of 1828 Essay Example for Free
Andrew Jackson Campaign Speech of 1828 Essay My fellow Americans, the upcoming national elections present a very important choice. We can forge a ââ¬Å"trueâ⬠representative democracy for the first time in history, and be led by our directly elected leaders. Or we can continue to live in an aristocratic republic run by over-educated elitists who are not beholden to the will of the people, but only to themselves. As you all know, three years ago I won the popular vote for President, but was denied the office because of a ââ¬Å"corrupt bargainâ⬠between the dishonorable Henry Clay and President Adams. The peopleââ¬â¢s choice was disregarded by the elite in power. As a result, I immediately resigned from the Senate and returned to Tennessee, where the legislature immediately nominated me for President again. I have spent the last three years preparing to right this terrible wrong and take back the peopleââ¬â¢s power to choose their own leaders. My opponent Mr. Adams dismisses me as a ââ¬Å"military chieftain. â⬠I have fought two wars for this country, and I am proud of it. I think one of the most important qualifications a President should have is a military background. We were invaded by the British only 15 years ago. That enemy is still in the Canadas agitating Indians to attack us, and waiting for another chance to invade. We have foreign enemies at our every border. Donââ¬â¢t forget the Spanish forces just to the south in Florida, and Mexico to the west, and Indians constantly raiding settlements all along the frontiers. These foreign threats are many and dire, and we need a President who has the experience to defend our nation against them. There are threats to our nation from within as well. The Second National Bank is a threat to our economic well-being. President Adams and Vice-president Clay both support the bank claiming that it provides stability. I say it does great harm to the average American. It is a financial monopoly controlled by a few wealthy easterners. It controls the credit for the entire country, prints paper money of dubious worth, and it is just plain unconstitutional. Out west thousands of ordinary shop keepers, millers, farmers and other business owners cannot get the currency and the loans they need to run their concerns. How do you develop and grow the economy of a new state without currency, or worse yet, with paper currency of dubious worth? I say let us do away with all paper money, I do not trust it. Gold and Silver coin have intrinsic and eternal value, paper does not. We should also rely on our local and state banks, run by the people who live in and understand our communities, to control the currency needed for commerce, not some faceless, monopolistic national bank. Another threat from within are the abolitionists. They care about one issue only, and would tear the nation apart to get their way. Slavery is necessary to the economy of the south. If we outlaw it, we will make criminals of thousands of slave owners overnight, and collapse all of the southern statesââ¬â¢ economies. How will southern families feed and clothe themselves without their labor force? I say let the people and their states decide this issue for themselves. Many northern states have already outlawed slavery, and one day the southern states may follow. You cannot force a cultural change like this on people; you must let them come to it in their own way and time. That is the nature of democracy. President Adams is afraid of internal threats as well. His biggest fear is YOU! The people of this nation, the ordinary citizens of the United States are the gravest threat he faces. Our President doesnââ¬â¢t trust us. To him, we are the unwashed, ignorant masses who, given the chance, would run the country into the ground. The president has stated many times that he believes his precious republic will soon ââ¬Å"degenerate into democracy; that government of the people will become government by the people. â⬠I say itââ¬â¢s about time. I say ââ¬Å"we the peopleâ⬠built this nation. We have marched across the continent, scratching out a living, and burying our children along the way to do it. I say ââ¬Å"we the peopleâ⬠understand better than anyone what it takes to make this nation grow and prosper. I trust the common people of this nation, because I am one of the common people. I am not yet another wealthy land owner from Virginia, nor am I an aristocratic lawyer from Massachusetts. I am a just an old Indian fighter from Tennessee. I believe ââ¬Å"we the peopleâ⬠who have sacrificed the most for this great nation have earned the right to govern it. But I need your help to make this happen. Already, the new states are entering the union with few restrictions on the vote. This has caused many the old states to change their ways as well. Eighteen of our states now choose their electors by popular vote, while only six still allow the legislature to choose their representatives for them. I urge you all to go to the polls on Election Day. With this election we can finally take back power from the old aristocracy. We can establish the legitimacy of majority rule based upon direct voting for candidates by the electorate, and guarantee preservation of the Union, with states rights as the fundamental basis of American liberty. This is the dawn of a new day for democracy and modern American politics. Please vote on Election Day. Thank you.
Overview Of The Firstbank Nigeria Plc
Overview Of The Firstbank Nigeria Plc FIRSTBANK Nigeria Plc is one of the oldest financial institutions and indeed the largest retail lender in Nigeria, its the 1st bank to be established in West Africa. The bank was incorporated in Liverpool as a Limited Liability company in March 1894 with the name Bank of British West Africa. The bank was listed on the Nigerian Stock exchange (NSE) in March 1971 after which it acquired its name First Bank of Nigeria in 1979. Following the CBN induced industry-wide consolidation in 2005 the bank acquired its merchant banking subsidiary, FBN Merchant Banker ltd and MBC intl Bank Plc. FirstBank maintains a subsidiary in United Kingdom which has a branch in Paris, the bank also has representative offices in South Africa, China and Dubai through which it offers offshore financial services. Presently the Banks assets are in excess of N100billion. 1.2 THE NATURE AND SIZE FIRSTBANK as a leading commercial bank has the largest network of branches in the country, over the years the bank has continually reviewed its organizational structure and corporate identity in line with changing financial environment. Known for its uniqueness for being dependably dynamic and stability, 1st Bank has made for its self a name, a brand goodwill associated with fidelity and safety of funds. Being a key player in the nations financial-banking sector, Firstbank delivers a wide range of financial services to its numerous customers; the bank is well known for innovative changes in technological device and service delivery. Being the first bank to introduce a Biometric ATM i.e. an ATM machine that uses both pin no selection and finger prints to identify transaction buttresses this point. The bank through its acquired subsidiaries also provide other financial services and they include, insurance policies, housing schemes, asset portfolio management. 1.3 PRODUCTS AND SERVICES FIRSTBANK offers a wide range of wholesale, retail and consumer banking products and services in ensuring that it keeps true to its name as the 1st bank of choice in the country,. Our products include: ̉́" CONSUMER BANKING: Generic Savings Account, Current Account, First Premium Term Deposit, First Savings Plus Account, First Hifi (Children) Account, First Current Plus Current Account(with zero COT), FIRST Current Business Account, First Dom Account, First Instant Savings Account. All accounts have the flexibility of over the counter withdrawals given the new CBN policy, ATM cards, Dividend warrants lodgment and access to E-Banking services. . ̉́" WHOLESALE BANKING: The services and products therein are further divided into ASSET PRODUCTS: They include- Term loans, Overdraft, Oil and Gas contract finance(OGCF), Bankers Acceptance, Commercial Papers, Bills Discounting, Project Finance, Equipment Leasing etc, INTERNATIONAL TRADE FINACE: Includes but not limited to- Import finance, Export Finance, Clean lineconfirmation, Letters of Credit, Bills for Collection, Forex Trading Invisible RemittancesPayment for Services. ̉́" E- BANKING: First Online which allows you to transact business online at the comfort or your home or offices. First Alert-Instant notification on your account First Mobile-Access to your account through you phone, it includes buying of airtime and payment of utility bills. First Pay and First Collect-effect payment and several collection to and from your merchants. FIRST CARDS : Debit and Credit cards which include- MasterCard, FirstBank Naira MasterCard, First Cash Card, Visa Card (Gold, Classic and Infinite), Visa Credit Card. Notice that all cards issued by the bank comes with FIRSTBANK brand name- FIRST FIGURE 1C:UsersDanielDesktopCYNTHIAFirstBank MasterCard.jpg C:UsersDanielDesktopCYNTHIAVISA_GOLD2.gif C:UsersDanielDesktopCYNTHIAFirstCash Card.jpg ̉́" MONEY TRANSFER: FIRSTBANK offers funds transfer services locally and internationally through mediums like- First Domestic Transfer, Western Union, Money Gram and RIA. ̉́" OTHER SERVICES: Other services rendered by the bank includes- Agricultural Financing, FIRST Diaspora banking services for Nigerians in Diaspora and Bills Payment for prompt settlement of utility bills(e.g. PHCN, Water and DSTV) 1.4 VISION, MISSION AND ESSENCE Vision: To be the clear leader and Nigerias bank of first choice Mission: To remain true to our name by providing the best financial services possible Essence: The DNA of the FirstBank brand lies in its strength, size and dependability, typified by its brand icon, the African Elephant. Our brand essence is therefore Dependably Dynamic which is a holistic representation of our past, present and the future of FirstBank. 1.5 CORE VALUES The core values of FirstBank are coined in an acronym for quick recall and living by the guiding principle TELL SPIC Team Work Everyday a better way, the team spirit is embedded in our culture as the best possible way to work. Ethics The good will of the bank is to be maintained as you deal with both internal and external customers, ensuring that the client leaves your office satisfied. Loyalty the essence of brand name and its very existence evolves in loyalty to our customers, Firstbank has been in existence for generations and loyalty to our customers is what makes us tick. Superior Performance To strengthen the banks brand, leverage and upscale the customers experience through delivery of excellent services. Professionalism To revolutionize the Banks operations in line with the dynamics of the operating environment while ensuring that we provide the best financial services unmatched. Integrity Adopt high ethical values to guide the conduct of all banking business and transactions in conformity with all relevant regulatory requirements. Customer Centricity The customer is the king and the reason we are in business, their demands should be met in line with banks policy 1.6 OUR BRAND PILLARS LEADERSHIP Our statusability as truly the 1st and No1 SAFETYSECURITY- Security of fundsInvestments, job security, Integrity. ENTERPRISE Resourcefulness, Tenacity SERVICE EXCELLENCE Efficiency, Performance focused, Reliability, Accessibility 2.0 PLANNING This chapter focuses on goal setting, study plan, expected difficulties to be encountered in data collection and plan to overcome these challenges. 2.1 OBJECTIVE OF THE ORGANISATIONAL ANALYSIS The objective of the organizational analysis is to specifically examine the current state of the Banks operational and structural framework, analyse the functional units and the interface relations and also recommend ways of improving the interface relations. 2.2 GOAL SETTING Goals setting involves establishing specific, measurable, achievable, realistic and time-framed (S.M.A.R.T ) target by an individual or organization. Goal focuses attention towards goal-relevant activities, revealing the objectives and strategies in which the goals can be met. Figure 1 below is the structured project plan for the organisational analysis. Activity Timeline 20-Jun-12 22-Jun-12 24-Jun-12 26-Jun-12 28-Jun-12 30-Jun-12 2-July-12 4-July-12 8-July-12 10-July-12 12-July-12 14-July-12 16-July-12 18-July-12 22-July-12 Review of BSN course material Data Gathering Data compilation Report writing Draft Report Review Sub-set meeting Review Update report Draft submission to set adviser Correction and final submission Figure 2: Project Plan 2.3 PROJECT PLAN Reviewing of the BSN course materials and EBSCO database to understand theory on organisational structures, data collection method and research report writing style. The internet (Google search and Wikipedia) comes in very handy in enhancing project plan. The objective of the data collection stage of the project is to gather relevant and accurate information, to obtain the participation and co-operation of the appropriate target population and to facilitate the collection and analysis of data. The targeted populations are staff of the functional units, staff of hub branches, heads of the functional units (department) and some strategic business units and staff of Human Capital Management- Head Office. The medium to achieve this includes- Informal Interviews, telephone survey, one-on-one chats with some members of the targeted population e.g. the heads of departments and staff of the Human Capital management because of their exigent duties. All perceived sensitive questions would be handled through interviews (which are not formal) and not written questionnaires. The FirstBank Intranet and internet website will be used extensively to gather information on functional units and organizational structure while personal visits to the Head Office and hub branches will be utilized to objectively gather information on functions of various departments, interface relations and recommendations for improvement of the interface relations. Data compilation stage will include analyzing data collected and reviewing information from subset meetings and research report writing. Report writing stage would involve applying the reviewed data gained from the various materials and extraction of relevant information from FIRSTBANK intranet and periodic publications. Data structuring and report preparation will also be done at this stage. Reviewed responses from telephone calls and outcomes of informal interviews Discussed challenges with Set Advisor at subset meeting and via phone calls. Update and revised document with necessary corrections. 2.4 DIFFICULTIES TO BE ENCOUNTERED IN DATA COLLECTION Questionnaires could not be used because of the banks policy on bulk mails or questionnaires related to work and business environment hence adequate data collection seemed impossible. Network challenges when accessing both the internet and the Banks intranet. Time constraint and the busy schedule of visited staff will also be a limitation. Insufficient time due to researchers official duties. 2.5 PLAN TO OVERCOME THESE DIFFICULTIES All perceived sensitive questions would be handled through interviews and not written questionnaires. Extra hours to be dedicated for accessing the Banks intranet while a substitute internet modem was purchased to curb congestion or delays on web hosts. Personal interviews will be conducted for staff with busy schedule, telephone calls and communication chat applications were also utilized for other staff Ensure proper time management. 3.0 ORGANISATIONAL STRUCTURE AND CULTURE This chapter focuses on the theories of organisational structure and organisational culture. 3.1 ORGANISATIONAL STRUCTURE Organisations exist to achieve goals; these goals are broken down into tasks as the basis for jobs. The term organisational structure therefore refers to the formal configuration between individuals and groups regarding the allocation of tasks, responsibilities, and authority within the organization (Galbraith, 1987; Greenberg, 2011). Said differently, The framework, typically hierarchical, within which an organization arranges its lines of authority and communications, and allocates rights and duties. Organizational structure determines the manner and extent to which roles, power, and responsibilities are delegated, controlled, and coordinated, and how information flows between levels of management. (Business Dictionary-Google). The structure of the organization can be defined simply as the sum total of ways in which its labour is divided into distinct tasks and the its coordination is achieved among these tasks /(Mintzberg 1983a) Very early organizational structures were often based either on product or function (Oliveira Takahashi, 2012). Others moved beyond these early approaches and examined the relationship between organizational strategy and structure (Brickley, Smith, Zimmerman, Willett, 2002). This approach began with the landmark work of Alfred Chandler (1962, 2003), who traced the historical development of some companies, He concluded from his study that an organizations strategy tends to influence its structure. He suggests that strategy indirectly determines such variables as the organizations tasks technology, and environments, and each of these influences the structure of the organization. More recently, social scientists have augmented Chandlers thesis by contending that an organizations strategy determines its environment, technology, and tasks. These variables, coupled with growth rates and power distribution, affect organisational structure. The Organisational structure as argued by Alfred Chandler can be seen in FIRSTBANK structure which was changed recently to suit the Banks intended strategy. The Bank in Oct 2010 had embarked on a re-structuring of its entire operational system and workforce, we can therefore deduce that Strategy determines organizational structure. A critical review of Mintzberg definition shows that it is not against the aforementioned, the design of every superstructure ends up as a compromise between the objective factors of work flow, process and scale interdependency, and the subjective factors of personality and social need. Organisations may be conceived on paper, but they must function with flesh-and-blood human beings. (Mintzberg, 1983). Hence for a critical analysis of FirstBank OA, the Mintzberg theory will be adopted. 3.1.1 ORGANISATIONAL CONFIGURATION Mintzberg claims that organisations are composed of five basic elements, or groups of individuals, any of which may predominate in an organisation. The design parameters determine individual positions (examples will be shown using FirstBank configuration) Operating Core: Staff or employees who perform the basic work related to an organisations product or service e.g.- Tellers, Customer Service Officer, Foreign Operations Staff Strategic Apex: Top-Management responsible for running an entire organisation. The Executive Directors and Executive Vice President of the bank sit at the Strategic Apex Middle Line: Managers who stand in a direct line relationship between the strategic apex and the operating core. They include the Group Heads, RegionalArea Office Managers. Techno structure: Organisational specialists responsible for standardising various aspects of an organisations activities eg- Internal Control and Audit, Compliance, Credit Risk Management(CRM) AND MANCO Support Staff: Individuals who provide support to an organisation outside its operating workflow.(I.T support, Security personnels) Mintzberg identified five organisational configurations, they however depend some contingency factors which include Age of the organization, Size Technical System, Environment and Power factors: ̉́" Simple Structure is characterized by loose division of labor, relies on direct supervision and finds its key part at the strategic apex ̉́" Machine Bureaucracy which relies on standardisation of work process, relatively centralized power for decision making; with its key part in the techno structure where the planners of the organisation reside. Professional Bureaucracy which deals with standardisation of skills and has the operating core as its key part. Divisionalised form -each division has its own structure, it centers on standardisation of outputs. Autonomous units are created to deal with entire product lines, allowing top management to focus on large-scale, strategic decision. The middle line is key part of the organisation. Adhocracy, a highly informal, strong presence of mutual adjustment, organic organisation in which specialists work in teams, coordinating with each other on various projects. FIRSTBANKS structure like most large corporations is characterized by the divisionalised form of Mintzbergs configuration as various divisions (departments) are created by their product lines or end products. The techno structure is located at Head Office to provide services to all divisions; support staffs are located within each division like we have the IT support for each area and marketing assistants who are support staff assigned to each branch. Most of the operational activities are conducted by the middle line managers, department heads or unit heads and they all operate with some form of independence and centralization within their units. They coordinate the output, acting between the strategic apex and the operating core. They also oversee the activities of the operating core and are expected to report back to strategic apex. The typical operational structure in a FIRSTBANK branch is divided into two divisions- i. The Operations Unit who are in charge of the everyday running of branch and attending to customers demand. The head of this unit is called The Branch Operations Manager. ii. The Retail or marketing unit who are in charge of increasing the market size and credit portfolio of the branch. The Business Manager heads this unit of the branch. Each of these units runs independently of each other with separate reporting lines even though they are situated in the same complex ant they form part of the whole group. Given the Banks ever evolving strategy in line with changes in market dynamics and technological advancement, the structure design is determined by the strategic planning and corporate transformation unit through the HCM department, stating unit and individual key responsibilities and the reporting lines. The final structure is then approved by the strategic apex and the statutory regulatory authority (Central Bank of Nigeria). Usually the bank makes the policies available on its local INTRANET and other periodic publications or circulars as organisational changes are initiated. 3.1.2 ORGANISATIONAL STRUCTURE EFFECTIVENESS EFFICIENCY Effectiveness of a system is about doing the right things. Its about producing the intended or expected result, In measuring organisational effectiveness, the relevant question would be: is the organisational system doing the right thing for its survival?, is it focusing its drive on opportunities to produce revenue? Is it producing the output it needs if it is to survive? Efficiency of a system, on the other hand is about the inputs the system uses in order to produce outputs that is doing things right, accomplishing your tasks with a minimum of time and resource, It centers on performance and cost reduction. To thoroughly examine organizational success, both measures should be considered because productivity is a function of inputs to outputs which is the theme of efficiency and effectiveness. Efficiency should always be the servant of effectiveness.(BSN Phase 1, module IX, p 575) Looking at the Banks history and evolutions, one can boldly say that FIRSTBANK has achieved some level of efficiency and effectiveness. The total assets of the Bank as at Dec 2011 as published equals N,2463,543, total equity was N373,572 while the total Customer Deposits was N1,783,777,(figures are in millions).however there is room and need for improvement, the Bank lacks behind in mobilization of current account deposits and booking of credit facilities. These lapses deny the bank of some benefits which include increase in customer base and collection of float income from these deposits. The FIRST Instant savings account was introduced by the Bank to bridge this gap on deposit mobilization, this product however has not recorded much success because of the strict requirements, the deployment of FINACLE 10 Banking solution which is scheduled to kick off this year July is an Efficiency measure in order to reduce turnaround time, this I believe is coming rather too late. The strategic Apex of the Bank needs to review these points afore mentioned and reach a favorable conclusion so that the Bank can edge forward. 3.1.3 DESIGN PARAMETERS Mintzberg identified nine design parameters. By using these parameters the organisational designer can influence the way individuals are positioned in the organisation and the way groups or departments are formed. The design parameters are Job specialisation; Behavior formation; Training and indoctrination; Unit grouping; size; Planning and control systems; Liaison devices; Vertical and horizontal decentralization. The design parameters predominant in FIRSTBANK are: Job Specialisation: In FIRSTBANK, all job titles are specified, the roles to be performed, the job description, key competences and reporting lines are well explained for staff to understand. Job Specification for each job title is easily accessible on the intranet, it is the banks believe that job specialization increases employee productivity. ̉́" Training and indoctrination: In order to carry out task, employees need to possess particular skills and knowledge.(BSN Phase 1 Course Notes, pg 584). In FirstBank its a trend to continuously train staff on a need to know and improvement basis, this exercise forms part of appraisal marks to be awarded during year end performance rating. The heads of branches or departments recommend staff for training if a knowledge gap or improvement need is identified. Educational and career advancement is also encouraged. The Human Capital Management Development anchors this aspect of the bank. Given the ever increasing need for the aforementioned, the Bank has rebranded its HCMD training arm to be called FIRST ACADEMY. The essence is to inculcate the banks values, ensuring that their staffs are well grounded and ever ahead of industry trends. Indoctrination are done upon recruitment of staff be it new or experienced hirees in order to imbibe the banks culture and values into them. The unit grouping is an important design parameter in FIRSTBANK because it creates a system of supervision in which there is a reporting line, departmental, unit or group head for all strategic units of the bank, this encourages standardization of outputs. Firstbank adopts functional grouping Vertical decentralisation: Mintzberg (1983a, p.99) defines vertical decentralisation as the dispersal of formal power down the chain of line authority. FISTBANK adopts limited vertical decentralization. Heads of departments/units are delegated the power to control most of the decisions concerning their line units and such decisions are cascaded down to their subordinates, however they have their reporting lines and various limits. 3.2 ORGANISATIONAL CULTURE Culture refers to the underlying values, beliefs and codes of practice that makes an organisation what It is. The customs of an organisation, the self image of its members, the things that make it different from others are its culture. Culture is symbolic; Culture is unifying and refers to the processes that bind the organization together. Culture is rooted deep in unconscious sources but is represented in superficial practices and behavior codes. Deal and Kennedy (1982) argue that culture is the single most important factor accounting for success or failure in organizations. They identified four key dimensions of culture: Values the beliefs that lie at the heart of the corporate culture. Heroes the people who embody values. Rites and rituals routines of interaction that have strong symbolic qualities. The culture network the informal communication system or hidden hierarchy of power in the organization. Peters and Waterman (1982) suggest a psychological theory of the link between organizational culture and business performance. Culture can be looked upon as a reward of work; we sacrifice much to the organization and culture is a form of return on effort. Schein (1992) says that organisational culture is developed over time as people in the organisation learn to deal successfully with problems of external adaptation and internal integration. It becomes the common language and the common background. Employee values are measured against organizational values to predict employee intentions to stay, and predict turnover. This is done through instrument like Organizational Culture Profile (OCP) to measure employee commitment (OReilly, ChatmanCaldwell 1991). However Daniel Denisons model (1990) asserts that organizational culture can be described by four general dimensions: Mission Strategic Direction and Intent, Goals and Objectives and Vision Adaptability Creating Change, Customer Focus and Organizational Learning Involvement Empowerment, Team Orientation and Capability Development Consistency Core Values, Agreement, Coordination/Integration Denisons model also allows cultures to be described broadly as externally or internally focused as well as flexible versus stable. The model has been typically used to diagnose cultural problems in organizations. 3.2.1 FACTORS THAT INFLUENCE ORGANISATIONS CULTURE (FIRSTBANK) According to Schein (1992), the two main reasons why cultures develop in organizations is due to external adaptation and internal integration. External adaptation reflects an evolutionary approach to organizational culture and suggests that cultures develop and persist because they help an organization to survive and flourish. If the culture is valuable, then it holds the potential for generating sustained competitive advantages. Additionally, internal integration is an important function since social structures are required for organizations to exist. Organizational practices are learned through socialization at the workplace. Work environments reinforce culture on a daily basis by encouraging employees to exercise cultural values. Organisational culture is shaped by multiple factors, including the following: External environment Industry Size and nature of the organizations workforce Technologies the organization uses The organizations history and ownership The external environment to FirstBank includes the ever emerging competitors, the realization of this pushes the Banks management is forge ahead and be innovative. The increasing number of banks offering same products that Firstbank had exclusivity to buttress this point, exceptional service delivery and brand value/positioning are the keys to have an edge over others. Other aspects of FirstBanks external environment include the legal or statutory regulations which the Bank must conform with, the political, socio-economic dynamics of Nigeria. The workforce of the bank is considerably large in comparism to other banks being the bank with the largest number of branch network and emerging diaspora banking through its subsidiaries. Prior to the rebranding of the Banks workforce, 1stBank had a culture of mostly old staff and few young staff, in 2008 the bank retrenched over 900 staff especially those who had spent over 25 years in service, the management immediately embarked on recruitment of new and experienced hirees who were relatively young, in addition to this, salaries were increased to suit the modern banker status. A new culture in that aspect had been achieved as 1stbankers were no longer distinguished by long suits and old staff. 3.2.2 FIRSTBANK CULTURE FIRSTBANK possesses a strong culture which is continually being improved. In the light of Daniel Denisons model of culture dimensions, FirstBanks mission strategic direction, goals and objectives, are clearly understood by members of staff. The Bank strives to make its staff live by its core values and this has so far helped the bank in terms of durability and goodwill. For the importance of the afore mentioned, FirstBank carries periodic mystery shopping exercise and branch spot checks to ensure that we live what we preach, hence staff are enjoined to move with the train. FirstBank adapts quickly to industry changes and are quick to identify a market opportunity hence they are most often the fore most bank for some products or innovations in the banking industry. Its the bank policy for staff to stick to a particular dress code, have the banks premises painted in a particular way and colour, have a products and services delivered to customers with the brand name FIRST and a unique way of service delivery. All this distinguishes the Bank and a Firstbanker from every other bank or person. The Elephant is also a historic symbol of FirstBanks culture which represents stability and strength, like Peters and Waterman (1982) suggests, the strong culture of the bank has positively enhanced its good will and market share, however things can get better. There exist an area of improvement in the Banks culture as it is normally being discussed within its members that staff are not been sufficiently motivated, the slow promotion process is a major aspect of this. A review of the Banks choice to downsize its work force recently by way of retiring (and firing) staff (although with mouth watering incentives) buttresses this point. Firing on the base of culture Usually pointed as a source of creating family like environment, the notion of corporate culture is also used for firing, with this practice started from shoe company Zappos, which granted its fired employees with huge compensations afterwards.(Google- Wikipedia .As the corporate culture may mean almost everything, firing on the base of culture means the employer does not accept and desire to be inclusive for the culture of the employee and thus the employee does not fit in corporate culture, although this may fall in the ground of discrimination, there is still not law or case law resolving or addressing the question making this practice possible and available for businesses for now. Firing on corporate culture is a recent practice, from 2008. 3.2.3 CULTURAL TYPES Handy (1985) identified four(4) types of organizational culture and they include: Power culture: Entrepreneurial in nature, central control, quick to response, built on trust flexible. Role culture: Roles are more important than persons, functional, rule and procedure driven Task Culture: Cross functional, based on jobs and projects, networked, coordinationcombination of jobs around tasks. Person Culture: People are the central focus, controls are only possible where members agree. FIRSTBANK adopts the role culture, this is because the roles are seen before the persons behind it, and the workforce is also driven by rule (policies) and procedure. 3.2.4 THE PROCESSUAL APPROACH The processual approach is a translation model in which movements of ideas or objects reside in the sense maki
Wednesday, October 2, 2019
Mesopotamia Is Great :: World History
Mesopotamia Is Great The "Land Between the Rivers" has been a source of both savage barbarism and great civilizations. Mesopotamian culture reached its peak between ca 3000-550 BCE. Yet, much of Mesopotamian culture goes unnoticed, despite its rich heritage. A vast bulk of the great early civilizations developed in the land known as Mesopotamia. It can, in fact, be proven, without question, that because of Mesopotamia's extensive trade routes, its excellent leaders, and the astronomical growth in technology that occurred, that Mesopotamia was one of the greatest civilizations to have ever existed. For its time, Mesopotamian culture had the greatest trade routes. Its trade network reached from the sands of Egypt to the deserts in India. Most certainly no civilization in the western world at that time had not heard of the great cultures that existed between the Tigris and the Euphrates. Egypt, in itself, had an excellent trade route with its access to the Mediterranean sea. Mesopotamia, however, had trade routes not only in Egypt, but in many other locations to the east as well. All previous trade routes had been confined from village to village. Through its extensive trade route, it can be seen that Mesopotamia was a great civilization. Mesopotamia did not only have trade routes as a testament to its greatness, but a flourishing government as well. As Mesopotamia was racked with barbarian invasions, the rise of some of History's most fearsome and great leaders can be seen. Sargon I, for example, managed to unify one of the largest areas of civilization at that time. Sargon I is also noted having never lost a single war in his entire life. As well, with Mesopotamia, the first system-and indeed the most extensive in that point in time-of codified law. King Hammurabi's aptly titled system of codified law, the Code of Hammurabi, while seemingly harsh in today's view, was heralded as a just and fair law back in its day. History also shows that one of the greatest Ziggurats of all time was created in the land of Mesopotamia.. Nebuchadrezzar II's Hanging Gardens of Bablyon is noted as being one of the greatest marvels of the ancient world. With such a glorious string of leaders, it is obvious to conclude that Mesopotamia w as one of the greatest civilizations ever to have existed. Aside from its string of incredible leaders, History shows that Mesopotamian culture gave birth to some of the greatest technology man has ever developed.
Tuesday, October 1, 2019
Aristotle: His Messages of Virtue and Moderation in Politics :: essays papers
Aristotle: His Messages of Virtue and Moderation in Politics Aristotle (b. 384 - d. 322 BC), was a Greek philosopher, logician, and scientist. Along with his teacher Plato, Aristotle is generally regarded as one of the most influential ancient thinkers in a number of philosophical fields, including political theory. Aristotle was born in Stagira in northern Greece, and his father was a court physician to the king of Macedon. As a young man he studied in Plato's Academy in Athens. After Plato's death he left Athens to conduct philosophical and biological research in Asia Minor and Lesbos, and he was then invited by King Philip II of Macedon to tutor his young son, Alexander the Great. Soon after Alexander succeeded his father, consolidated the conquest of the Greek city-states, and launched the invasion of the Persian Empire. It was in this environment that Aristotle's' views and ideas of politics developed. As Alexander's teacher, Aristotle had a close tie to the political powers of Athens. Because of this tie Aristotle wrote Politics as a guide to rulers as to how to govern a country. In Politics Aristotle lays out his ideal form of Government. It contains thought provoking discussions on the role of human nature in politics, the relation of the individual to the state, the place of morality in politics, the theory of political justice, the rule of law, the analysis and evaluation of constitutions, the relevance of ideals to practical politics, the causes and cures of political change and revolution, and the importance of a morally educated citizenry. He stressed that the ideal citizen and ruler must possess certain virtues, such as wisdom, temperance and courage. And the work as a whole echoes Aristotle's dominant theme of moderation. Politics is an excellent historical source because of the close tie Aristotle had to the everyday business of government in Athens. It reflects the idealized values of the people and the influence of Aristotle's teacher Plato. The importance of wisdom and justice also directly parallel the classical Greek ideology. Aristotle believed that nature formed politics and the need for city-states (government) formed out of nature. Aristotle lays the foundations for his political theory in Politics by arguing that the city-state and political rule are "natural." The argument begins with a historical account of the development of the city-state out of simpler communities. Aristotle: His Messages of Virtue and Moderation in Politics :: essays papers Aristotle: His Messages of Virtue and Moderation in Politics Aristotle (b. 384 - d. 322 BC), was a Greek philosopher, logician, and scientist. Along with his teacher Plato, Aristotle is generally regarded as one of the most influential ancient thinkers in a number of philosophical fields, including political theory. Aristotle was born in Stagira in northern Greece, and his father was a court physician to the king of Macedon. As a young man he studied in Plato's Academy in Athens. After Plato's death he left Athens to conduct philosophical and biological research in Asia Minor and Lesbos, and he was then invited by King Philip II of Macedon to tutor his young son, Alexander the Great. Soon after Alexander succeeded his father, consolidated the conquest of the Greek city-states, and launched the invasion of the Persian Empire. It was in this environment that Aristotle's' views and ideas of politics developed. As Alexander's teacher, Aristotle had a close tie to the political powers of Athens. Because of this tie Aristotle wrote Politics as a guide to rulers as to how to govern a country. In Politics Aristotle lays out his ideal form of Government. It contains thought provoking discussions on the role of human nature in politics, the relation of the individual to the state, the place of morality in politics, the theory of political justice, the rule of law, the analysis and evaluation of constitutions, the relevance of ideals to practical politics, the causes and cures of political change and revolution, and the importance of a morally educated citizenry. He stressed that the ideal citizen and ruler must possess certain virtues, such as wisdom, temperance and courage. And the work as a whole echoes Aristotle's dominant theme of moderation. Politics is an excellent historical source because of the close tie Aristotle had to the everyday business of government in Athens. It reflects the idealized values of the people and the influence of Aristotle's teacher Plato. The importance of wisdom and justice also directly parallel the classical Greek ideology. Aristotle believed that nature formed politics and the need for city-states (government) formed out of nature. Aristotle lays the foundations for his political theory in Politics by arguing that the city-state and political rule are "natural." The argument begins with a historical account of the development of the city-state out of simpler communities.
Ellen Carlson
Case of Ellen Carson 1) Discuss at least two intellectual property issues that might arise in the operation of the Web site. Two intellectual property issues that I see and fall under the copyright law are the expression of ideas and the arrangement of element. Ellen will need to be very original in the creation of her Web site, as law protects many ideas and the arrangement of element. Her Web site will need to very different to other childrenââ¬â¢s sites out there. 2) Describe the ethical issues that Ellen faces because of the ages of her intended audience members. Some of the ethical issues that Ellen will face based on the age of the intended audience, is that by law children under the certain age (12 or 13) donââ¬â¢t have the ability to read and understand privacy statements or the risk of providing personal information. 3) Outline the law withà which the site must comply when it registers site visitors under the age of 13. Include recommendations regarding how Ellen can best comply with those laws. In the US, the Children Online Privacy Protection Act of 1998 (COPPA) provides restrictions on data that can be collected on Web sites that are attracted by minors. One recommendation that Ellen could use on the Web site would be that when children under age 13 are trying to register to her site, she can collect parentsââ¬â¢ email address to notify parents that their child is registering to her Web site. Parent will need to respond to the email as an approval confirmation. Many Web sites that are for children are using the email response as a way of approval and knowledge. 4) Describe the sales tax liabilities to which the Web site will be exposed. Assume that Ellen will operate the site from herà home office in Michigan and that EPE will manufacture the merchandise in Texas. The merchandise will be warehoused at EPE distribution centers in New Jersey, Ohio, and California. Based on the assumption that Ellen conduct business from five different states: Establishing business connection with several states will create Nexus, which mean that the company could be responsible of paying taxes to the different states that the company is connected to. The company can become subject to several type of taxes: income taxes, property taxes and transaction taxes. In regards to the sales tax, companies that have establish Nexus with a state will need to collect sales tax from the customer.
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