Unit 6 Healthy Environment

Unit 6 Promoting a Healthy Environment for Children E1) Practitioners can work on promoting and maintain a healthy lifestyle and environment by: ? Allowing children to have a balanced diet, this can be done by encouraging children to eat their five-a-day. By reading books and poems that they can join into, this will help children to remember the importance of having a balanced diet. By having fruit and vegetables provided for the children in school, helps them to eat at least on piece a day. The School Fruit & Vegetable scheme is a programme that helps to increase fruit & vegetable intake.This is important as each child deserves a healthy start in life as it may influence their health in the future. The School Fruit & Vegetable Scheme states: â€Å"By providing four to six year old children with an extra portion of fruit or vegetable each school day, along with a positive and enjoyable experience of eating fruit and vegetables, the scheme encourages children to develop positive atti tudes towards fruit and vegetables. † (www. dh. gov. uk) ? If a child is allowed regular exercise it allows motivation of brain activity, aids the digestive system, develops bone density and maintains it and strengths the muscles.Physical activities such as practical training, P. E. , climbing frames and riding bikes help children to develop social skills as they are playing with each other. The British Heart Foundation proposes â€Å"That children and young people need at least one hour of moderate activity a day. † This does not have to be done at one time, but can be at different times during the day. As young children are still developing practitioners should allow them to have a stop-start approach to exercise, when children are feeling tired they should be allowed to sit down and rest for the amount of time they want before getting up and playing again.Practitioners should encourage children to do exercise outside of the setting as well as inside. They could do th is by joining Walk to School 2008, when the practitioners talk about this with the children they are able to learn about the benefits of walking, road safety, awareness and the environment around them. 50% of children do not walk to school regularly and more are being driven to and from school, by being driven children are reducing their physical activity. ?Risk assessments identify and minimise risks, they are not created to make n environment risk free. Practitioners should encourage children to take risks, as long as they are managed and strongly supervised. By doing so they are promoting a healthy environment as all settings have risks, as long as these risks don’t stop children from doing anything they could help to create an enabling environment. Danks and Schofield state: â€Å"Life if full of risk, so the best way to prepare children for life is to ensure that they [learn] how to judge risk for themselves. † (Source: Danks, F. & Schofield, J (2005) Natureâ€⠄¢s Playground) E2/B1)There are many different types of legislations which helps to maintain that a child has a right to life, development, to be healthy and also the right for children to have an education. E3/E4) Factors such as housing, poverty, breast feeding and the child’s lifestyle may affect their health and well being at differing times in their lives. ?Housing affects the health of a child as it can cause a lot of diseases if the house is poorly maintained or designed the most remarkably is asthma. If a house is overcrowded it may be dangerous to a child's health as diseases may be transmitted between each family member.Poverty is linked with poor housing as if a family was to live on a low income it would be harder for them to heat the house as it would be expensive. In addition to this home insurance would be expensive for families in poor housing as these areas would be more likely to be hit by crime. As families are living on a lower income the furniture may be unsafe as they haven’t got the money to fix or buy another one. Poor housing effects children’s social skills as the parents may feel that they don’t want the child’s friends around as they are ashamed of the way they are living.As a result to this the children may feel left out of discussions that are happening in their setting. Children may also feel they are losing out as they do not have the space at home to do any extra activities, such as homework. ?Diet and exercise is important to a child as it plays a main part in their development. Breast feeding a baby gives them the best nutritional start in life, over the months, the milk’s composition changes to meet the nutritional needs of the baby as it growing and developing.By breast feeding it lowers the risk of cardiovascular disease, is associated with better cognitive development and the milk contains antibodies which means the baby is less likely to get a disease in their earliest months of life. They are less likely to develop food allergies, respiratory and gastrointestinal illnesses and are less likely to become obese adults. When breastfeeding the mother and baby are able to build a bond between them, furthermore as there is no sterilising it is more hygienic. As breast milk needs no preparation it is always ready, always at the right temperature and free.Mothers who have a lower income are more likely to breast feed immediately after birth, then bottle feed. ?Families and their communities have an effect on children, as some families like to spend there spare time playing sports and others looking after animals. As more children are staying indoors to play with friends on game consoles, computers and watching television they are not allowing themselves to physical activity outdoors. In addition to this if children were to play indoors, they do not have enough space to run around, as children are always reminded not to run inside and to slow down.So unless activiti es are carefully organised it can be hard for a larger scale activity to happen, which is why fine motor skills activities are usually promoted indoors. If a child is living with a lone parent who has an abusive partner, this could have an effect on the child, as the child may see the abusive behaviour and feel this is the way he/she should behave towards their parent. This may affect the child’s mental health as well. E5) Mealtime routines include following the parents instructions, as some parents may want their child to eat at certain times as it follows the routine the child has at home.Sometimes the parents may want to work with the practitioners to establish a regular mealtime routine. All children have different diets, e. g. lactose intolerant, vegetarian, gluten and wheat free diet etc, and this should all be taking into consideration. Practitioners and the child’s family should talk about which foods are and are not appropriate for the child before starting th e setting. Most children would prefer to use their fingers when eating, but should be given the opportunity to develop their skills by using a spoon, fork and then a knife.These should be the child sized versions and appropriate to the child’s age, level of development and culture. Children should also be encouraged to use the cutlery safely; in addition to this children should find mealtimes a pleasurable time and not feel like it is a battle zone. If children are put with other children it becomes a social experience of the eating there meal together. In the appendix, child K was observed while eating lunch, the intended learning objective was for her to use her spoon more instead of using her fingers to eat her lunch.When eating the child K behaved in a calm manner and followed the instructions that the practitioner had given her, when asked to use her spoon instead of her fingers. Child K was able to communicate with the practitioner in an effective way as she the practit ioner to open the yogurt for her. By looking at the appendix, I can see that child K is becoming more confident when using her spoon, as she would use her fingers at certain times but then go back to using her spoon; she was also able to use a pincer grip.At certain times when she could not use the spoon to pick up food she resulted back to her fingers. So by the end of the observation I feel like the intended learning objective was successful. Naptime routines are needed as most young children need lots of sleep. When putting children to bed it can sometimes be a challenging time. This is because the child can become stressed in addition to this it could also be a time of warmth and security. As all children may not want to sleep, practitioners could create a relaxed and quite rest time for them.Some children may have outgrown the need for a daytime sleep in that case there should be a restful mood created where children can do some quite activities, such as completing a jigsaw whi ch can help the body to unwind and rest. As all children are different they may have specific requirements to help them full asleep such as having a comforter or a glass/bottle of hot milk. If a child id with someone that is recognisable to them they may find it easier to fall asleep, then with someone that they are not so familiar with.As seen in the appendix, children between the ages of one and four years need an average of 10 and 14 hours sleep. As whilst asleep this is when the cells in the body and brain can repair themselves and are less vulnerable to illnesses and accidents. When the body is deprived of sleep a child’s concentration, temper and ability to learn is also affected. E6) Activity 1: Activity 😠 To grow watercress| (brief description)| | | We want the children to learn that growing part of their 5-a-day| | can be fun. In addition to this to help them try new foods, which| | they would have a hand in preparing. | This links with the EYFS as in Knowledg e and Understanding of| What do we want| the World (Exploration and Investigation pg 80). The early| the children to| learning goals for a child aged 40-60+ months are:| learn? | ? Investigating objectives and materials by using all of their| (learning intentions)| senses as appropriate. | | ? Find out about, and identify, some features of living things,| | objects and events they observe. | | ? Look closely at similarities, differences, patterns and change. | | ? Ask questions about why things happen and how things work. Number of children| Four| in group:| | Ages of children| 4 – 5 years old| the group:| | | In the weeks before the activity we will be the teaching the| | children about the importance of having 5-a-day and also about| How will the| how plants grow. On the day of the activity, which would be in the| activity be| morning, I would sit them on the carpet and explain to them what| introduced? | we are going to do which is growing our own watercress. I would| (Wha t will the adult| explain to them that this would be done in groups of four, so if| be doing?What will| they are not chosen the first time they would be chosen| the children be| throughout the morning, so everyone will have a go. A certain are| doing? )| of the room will be cornered of for the activity and the children| | would be told that they are only allowed in this area if| | accompanied with an adult. | How will the| I and each child will have a plant pot in front of them. I will| activity be| demonstrate to the children what they have to do while| developed? | encouraging the children to follow my actions i. e. putting soil in| (What will the adult| the plant pot the pushing the seeds into the soil and after| be doing?What will| watering the plant. Lastly each child will take their plant pot to the| the children be| designated area on the window ledge, so that their plants are| doing? )| able to get light. | Resources:| Soil| | Watercress Seeds| | Water| | Plant pots| | | Key vocabulary/| Grow| questions:| How long do you think it will take for the watercress to start| | growing? | How will individual| If a child finishes early give them something else to do but| needs be met? | remind them to wash their hands. If a child has difficulty help| (Differentiation)| them along so they don’t feel left out. | Plenary? I will once again bring the children to the carpet and ask them if| (How will you bring| they enjoyed the activity. I would then explain to them that the| the activity to a| activity is no over and that everyday each child will get to water| close? How will you| their plan, so we are able to watch them grow. | focus on the purpose| After a month or two, when the plants have grown, we will use| of the activity? )| the watercress in a salad that we make. After this done each| | child will be able to take their plant home. | | | Activity 2: Activity 😠 Informing teenagers why protected sex is important| (brief description)| |What do we want| To understand why we must protect ourselves when having sex. | the children to| | learn? | | (learning intentions)| | Number of children| 28 in the class but for certain activities they will be split into groups| in group:| of four. | Ages of children the| 15 – 16 years old| group:| | | Send out a letter to parents informing them that their child would be| How will the activity| taking part in a series of activities about STIs (Sexual Transmitted| be introduced? | Infections) and if they did not want their child to take part in this,| (What will the adult| they could inform us. be doing? What will| After this letter had been sent out, I would remind the children who| the children be| are participating the day before. The morning of the activity I would| doing? )| remind the teenagers to be on their best behaviour and if they feel| | uncomfortable about anything they would be allowed to leave the| | classroom. | | Throughout the morning there will be a range of activitie s, the| | teenagers will first fill out a questionnaire of what they know about| How will the activity| STIs and how they think they are transmitted. After this they would| be developed? be presented with a PowerPoint presentation about STIs. | (What will the adult| They will then get into groups of four and discuss what they have| be doing? What will| just seen and learnt. In addition to this in their groups of four, they| the children be| will have to make a poster on a chosen STI, leaflets and handouts| doing? )| will be given to them. After given the teenagers one hour to do that| | they would be allowed to feedback to the rest of the class. This| | allows the whole class to gain more knowledge and as it is group| | work allows the shyest of teenager participate. | | Resources:| Leaflets/Handouts| | Felt tips| | A3 sugar paper| | PowerPoint presentation| | http://www. nhs. uk/LiveWell/SexualHealth/Pages/Sexualhealthhome. | | aspx| | http://www. condomessentialwear. co. uk/| | ht tp://www. ruthinking. co. uk/| | http://sexperienceuk. channel4. com/| Key vocabulary/| STIs| questions:| | How will individual| By allowing children to walk out the class if they don’t feel| needs be met? | comfortable. | (Differentiation)| | Plenary? | Get the teenagers to fill out a questionnaire about what they have| (How will you bring| learnt throughout the morning. | he activity to a| Give them leaflets about different STI’s and allow the posters they| close? How will you| have done to be put up so to inform over teenagers, this will also| focus on the purpose| allow them to feel that their work is appreciated and it wasn’t just a| of the activity? )| pointless activity. | | | D1) Routines can promote and maintain a healthy lifestyle: ? Mealtime routines support healthy eating as once babies are weaned, it is important for them to eat a variety of healthy foods. As babies are still developing their sense of taste it is important this is when it happens.As children get older they will have more of a preference of what they would like to eat, but new foods could still be introduced if the child helps to prepare them, this would also help them improve their self-confidence as they are eating something that they helped to make. If children help to lay the table at mealtimes this would help them gain independence. Mealtime routines can promote a balanced diet, by eating a variety of fruit and vegetables, bread, other cereals and potatoes, meat, fish and alternatives, milk and dairy foods, foods containing fat and sugar.Children are able to develop a strong, well formed body; they would have enough energy to keep warm and active, grow to their full potential height, maintain an appropriate weight for their height and age. Hygiene is interlinked with mealtime routines, as both adults and children should wash their hands after visiting the toilet, changing a nappy and giving a feed, by doing this they will be preventing the spread of germs. By the adults doing this they can become role models to the children, which encourages them to wash their hands. In addition to this it should be explained to children why they are washing their hands e. . they are dirty and may have germs on them. There should be soap and water for them to wash their hands and individual towels for the children to dry them, preventing the spread of germs. As children get older To allow children to have a structure, as children start to understand at certain times they will have to do activities. they should be encouraged to wash their hands and face by themselves, this allows them to gain independence. Furthermore it helps them with gaining confidence to wash when at home, as they have done it at nursery. Sleep/rest routines promote a healthy environment as when children are tired they become restless and irritable, where they find it hard to control their emotions. By having this sort of routine the children are able to unwind from the activities that they have done and allow their bodies to prepare for oncoming activities. Children need specific hours of sleep; this can be done with a sleep pattern throughout the day. This also helps the children as they know at certain times of the day it is time for them to sleep and unwind.When sleeping the body’s heart rate, bodily functions and breathing slow down meaning that when they wake they feel more refreshed and allows concentration, frame of mind and memory to function properly. If children are deprived from sleep it can cause the brain to suffer long deprivation. When children wake they may feel unsettled, so the child should be made to feel comforted. As the body loses water when it is asleep children should be offered a drink of water when woken. As well as children who are toilet trained should be familiar with the fact that when they wake they should use the toilet.Activities can promote and maintain a healthy lifestyle: ? In my first activity in E6 (cooking potat oes and vegetables) it interlinks with children having their 5-a-day, it also encourages them to help when preparing food. As potato is a vegetable it counts as one of their 5-a-day if a handful is eating. Even if a child is not keen on vegetables, when helping to prepare food the child is more likely to eat it. This is also a social event as the children are able to sit and talk together, which also develops respects for each other. In an everyday environment e. . a setting, practitioners could provide opportunities of different foods to children in a relaxed environment, which allows a unique chance to encourage healthy eating alongside the growth of educational and social skills. â€Å"Young people’s eating patterns can be shaped through a variety of routes. Schools offer most important opportunity for educating children on nutritional issues and facilitating and encouraging healthy eating patterns alongside the development of academic and social skills. † (Source: www. thesnackpack. net (2002))When using the watercress in meals it is important that the children use their sense of smell, they will also enjoy the fact that they grew it themselves this links with the EYFS. C1) The reason for planning and implementing activities which contribute to promoting and maintaining a healthy lifestyle are: ? ?Planning activities help to identify children’s needs, and provide for them. E. g. a washing clothes activity, things such as fragrances and chemicals in the washing powder could make the child’s eczema flare up, so if an activity like this was to be planned biological soap powder would be preferred.This would help the practitioner plan, to every child’s need no matter the age or size. These plans should be established on the child’s abilities and be able to support them rather then on the age norms for the child. ?When planning trips the child to staff ratio is considered, as it is important that there are enough staff m ember, so that children are kept a watchful eye on and are in a safe environment. If there is not enough staff members this will not be possible and children are at a higher risk of going missing.They would also be able to look at activities that they have done before to see if improvements can be made for the next time. ?If activities are not planned correctly there can be risks associated with they activity, where children can be put in harm and danger. When making risk assessments it is important to: 1. Recognize the hazard/s (which is anything that may cause harm to yourself or the child? ) 2. Decide who the hazard may affect and how? 3. Evaluate the risks and decide on precautions. 4. Record the findings and put them into practice. 5. Review the risk assessment.By reviewing the assessment the practitioner would be able to see if it has got better, and if the hazard is still there, if anything needs changing it is possible. They will also be able to go back to the assessment if anything was to go wrong. ? When children have special needs, it is important to incorporate this with the planning of the setting. As they may need outside help to support the needs of the child. Child psychiatrists are an example of this as they work with children who are showing emotional and depression difficulties. As these doctors have been trained in mental health they specialise in helping children.This helps support children to develop in areas which they are struggling in but because of emotional difficulties are missing out on. E2/B1) There are several different legislations that support the rights of children to a healthy lifestyle and help to safeguard and underpin the rights of children in life. The United Nations Convention on the Rights of the Child is one regulation that supports this. This regulation is an international agreement, which was drawn up in 1989; it applies to all children and young people under the age of 18 years.Article 2 (from the Little Book of Chi ldren’s Rights ; Responsibilities, given by Angela Marney on Wednesday 8th October 2008) says that â€Å"The convention applies to everyone, whatever their race, religion, abilities, whatever they think or say, whatever type of family they come from. † This article shows that practitioners and the government should be diverse when dealing with children. In addition to this it shows that children should be treated equally by adults no matter their race or colour as by doing this the children are learning by modelling the behaviour of the adult.If a child is not treated equally they may feel left out and it may emotionally distress the child, meaning that the child may feel different compared to the other children. Article 12 (from the Little Book of Children’s Rights ; Responsibilities, given by Angela Marney on Wednesday 8th October 2008) says, â€Å"Children have the right to say what they think should happen, when adults are making decisions that affect them, and to have their opinions taken into account. † This article shows that children’s opinions are important and should be taking into consideration and should be consulted hen their parents are separating, as the child should have a preference of who they stay with. As the child decision may not be final, it would be taking into consideration, when trying to make that final decision. Article 19 (from the Little Book of Children’s Rights ; Responsibilities, given by Angela Marney on Wednesday 8th October 2008) says, â€Å"Governments should ensure that children are properly cared for, and protect them from violence, abuse and neglect by their parents, or anyone else who looks after them. This article is important as children should not be subjected to cruelty. Children are being subjected to cruelty by the same people that are meant to be protecting them from the world; no adult has the right to subject any child to this. The Children Act 1989 also helps to suppo rt the rights of children. â€Å"The Children Act 1989 covers the following: ?reforms the law relating to children; ?makes provision for local authority services for children in need and others; ? amends the law with respect to children's homes, community home, voluntary homes and voluntary organisations; ? akes provision with respect to fostering, child minding and day care for young children and adoption, and for connected purposes. † (Source: http://www. dcsf. gov. uk/childrenactreport/ Accessed: 19/01/2009) It was updated in 2004 to include Every Child Matters: Change for Children, this was an approach to look for the well-being of children and young people from birth to 19 years. The aim of this is to make sure that every child, whether their background or their circumstances, to have the support they need to: ? Be healthy ?Stay safe Enjoy and achieve ?Make a positive contribution ?Achieve economic well-being. Any organisation that is involved with providing services for children, teams up to provide new ways to work together and share information to help protect children from harm and help them to achieve what they want in life. A1) My first experience was an afternoon trip to The Co-Operative. We took a group of children aged 2-3 years, after they had woken from there afternoon nap. The aim of the trip was to teach the children about the different fruit and vegetables.As there were only four children there was me and one member of staff, we both had two children, we walked as The Co- Operative wasn’t far from us. We made sure that the children had their coats so that they could stay warm. The only major barrier was that we had to cross the road, as there was a zebra crossing we used that. There was also a lollipop lady, we made sure that they looked left and right to see if any cars were coming and explained to them why we were doing this. When arriving at The Co-Operative we made sure that the children stayed close and were in eye sight a t all times.When we found the fruit and vegetables, we asked them questions, such as if they knew what they were called and if they knew the colours of them. My second experience was a trip to the park; the children had finished their morning activities. There were three members of staff and me, we took a group of eight children, and like the first activity there were two children to each adult but this time the children’s ages ranged between 2-4 years. The reason for the trip was for the children to get some fresh air and to exercise.As it was a sunny day the children did not need coats but all had jumpers on. We had to cross the road at an island as this was the safest way. When arriving at the park the children were only allowed to play in the designated area, which we made sure that we supervised very strictly. My first experience to The Co-Operative linked to the planning of the setting as at the time they were reading the book Handa’s Surprise, and they were lear ning about all the different fruits that were in that book and we were also helping them learn new vegetables.It also helps them to improve on their vocabulary and counting as we asked them how many items we had at the end of their shopping trip. It encourages them to eat health, which relates to healthy eating. My second experience to the park was linked to the planning of the setting as they would usually go outside to play in the garden, so we decided to give them more space to run around. When walking back from the park we asked them if they enjoyed their time, what they played on and if they wanted to go back soon, which helped the children to extend their vocabulary. The trip to the park helped them to have a daily ose of exercise. The cultural and social factors that were considered is that no child is discriminated against, that none of the children where there were made to feel left out and that their opinions and needs were respected, so they were treated as individuals. N o matter what their race, religion, age or ability. For the first experience we made sure that it was appropriate for the children’s age. The social factors that were considered were to make sure that they interacted with each other and us as the practitioners; we made sure that they held the practitioner hand so they were safe.We also made sure that they were interacting with other children and not just their usual circle of friends, by doing this the children got to build new relationships. It was important that children listened and followed the instructions and directions that were given to them by the practitioners; as if the instructions were not followed properly the children’s life could be put in danger. I feel that I was effective in both experiences as I asked the children questions, on the way back and asked them what they had remembered from the trip on the way back.I was able to follow the instructions given to me in a calm manner and explain to my superv isor how both experiences were when I returned. The children listened and interacted to each other and to us as practitioners without any problems. The fact that they were both small group I was able to give the children support and the attention they needed, which helps them with their concentration and listening skills. During both experiences I was able to interact with the children and staff and monitor the behaviour and what was happening with the children’s progress

Corporate Governance and Business Ethics

It is quite interesting to note that, academic research in business ethics was a totally distinct discipline from research in corporate governance, and the application of the word ‘ethics' was uncommon in available research on corporate governance. The chief responsibility of corporate governance was understood to be safeguarding the benefits of the shareholders. Because of the severance between ownership and management, and the incapability of the independent owners to supervise the performances of those managers, a possibility was available for vital strategic decisions to be taken which would advantageous for the managers to a more larger extent compared to the owners. For example, takeovers not related to the organization's core competence outcome in a bigger corporation, however, it does not result in a more profitable company all the time. Certainly, research has proved that extremely increased extent of isolated diversification normally resulted in lower profits. (Corporate Governance and Ethics) Till the greater part of 1990s, nevertheless, remuneration of executives was normally settled to a greater degree by the magnitude of the company compared to by what profits the company is earning. Therefore, unconnected takeovers will openly and instantly be advantageous for the upper-level managers, however may really be unfavorable in case of the stockholders. In the latter part of 1980s and initial stages of 1990s, when numerous mid and lower ranked employees in America were trimmed down, huge remuneration of the CEOs and the application of other methods which exclusively are advantageous to top level managers started to be talked about in greater detail and also in non-business news publications. Even in this present era, Fortune, Business Week, and The Wall Street Journal report about the yearly surveys of remuneration of CEOs and bonuses. The matters which are normally implicated as the active crusade of the shareholder which started during the 1990s, which culminated in increased appreciation on the part of the investors regarding good corporate governance. In case the citizens might lose confidence in the business due to extensive substandard corporate governance, the outcome could be that the common investor will search for scope other than the stock market. Episodes, in the bygone few years have displayed that an existence has been found about a deep bonding between business ethics and corporate governance. The activities of a company's top executives impact the lives of several people, not merely shareholders. The arena of corporate governance is appreciating that it is stakeholders, not merely shareholders, whose privileges should be safeguarded. (Corporate Governance and Ethics) The position of U. S. corporations was a vital point in time in which a growing amount of scams have impaired their standing as socially accountable entities. (Center for Corporate Governance and Ethics) The Enron debacle has impacted not just the assets of its shareholders, but also even the fate of its staff, and also the Houston community in which it was situated. The domino effects of Enron, Arthur Andersen, Tyco, and other scandals at high places are witnessed presently in the stock market, our country and the employment prospects of our fresh graduates passing out of colleges, and maybe the most enduring in its detriment – in public skepticism, disbelief, and antipathy with the business community. (Corporate Governance and Ethics) The trust among investors was at its nadir, leading in persistent confusion in the financial markets and a smothering of economic turnaround. Center for Corporate Governance and Ethics) Considerable sums of invested monies vanished because of accusations of misappropriation at the corporate level and misuse at the internal level. The accusations of scams and a broad discernment of doubt and indecision were unswervingly hindering the capability of enterprises to fight, create fresh jobs and better our economy. (Corporate Governance: Codes of Ethics to Guide Corporate Conduct) Overseas investors were taking a cautious approach prior to feeling certain that their investments are secure with the U. S. companies. (Center for Corporate Governance and Ethics) The question remains whether an encouraging result is present of these latest episodes. Efficient corporate governance is something which is based on a fundamental set of ethical principles which steer the actions of the company, regarding the decision to launch a new product or collect new capital. It sets up a scaffold for efficiently evaluating risk and finding out and preventing scam and misuse by the internal employees of the corporate. I believe that some of the encouraging results of these latest episodes are which the common American is very aware in the present era regarding corporate governance -although the word is not used by them. I consider that we will be witnessing that in the coming years, communities will expect ethical behavior from companies, be resolute that corporate governance show the commendable values of the company, and that the society reward the people who are idols of excellence and penalize those who flout their wishes. Moreover, I expect that each one of is more aware that ethics is an extremely compelling component of any business proportion. (Corporate Governance and Ethics) There is a universal consensus by the management, regulators, and investor regarding the urgency of a heightened importance on ethics and a better examination of business governance. Endeavors are currently concentrated on developing organizational structures and a legal structure of confirmation and maintaining equilibrium, which are just, ethical, although typified by economic competence. Understanding the enlarged urgency for modifiable management practices and governance systems to bring back confidence in the securities market, the U. S. Congress enacted the Sarbanes-Oxley Act of 2002. Through the provisions of the Act, it was made compulsory for setting up of separate corporate Board of Directors, establishment of independent audit and nomination committees, and solving of disagreement of interest among the management and other stakeholders in firms, denotes necessity of separate auditors, and accords more rigorous accounting information disclosure norms. Latest and proposed Securities and Exchange Commission rules are there, national stock exchange listing needs, and across the board fresh acts that passed by both sides of Congress, accented by President Bush, building new structures for the governance of the accounting industry as also enticement to manage deception in the shape of strict punishments for corporate delinquency. Even though these needs are mostly aimed at publicly traded businesses and other government controlled industries, these novel regulations must cause management and Boards of Directors, regardless of public or privately held businesses to heed to the demand for corporate reform earnestly by setting up or once again finding out their code of ethics of the company. Corporate Governance: Codes of Ethics to Guide Corporate Conduct) The indecisive efficacy of any fresh regulatory code; its possible expenses of implementation, and the restrictions of automatic remedial market mechanisms, call for building of institutions which ease the realization and execution of the law efficiently and in planned fortitude. These types of institutions must even suggest pioneering governance practices and build increasing apparent and easily supervised codes of ethics together with stringent disclosure needs. Center for Corporate Governance and Ethics) Return on equity is very crucial, but at the same time performing business without restoring to short-cuts is also important. Shareholders activism is important, but at the same time eagerness by the shareholders to allow management to perform its duty is also vital. Cautious notice to firm rules and methods is valuable, but concurrently is the capability to be resilient and keen to change long-standing regulations and processes. Permitting a company to gain from the network of acquaintances of staff is vital, however side by side is averting of circumstances wherein people believe that the company's decisions are arrived not on the merits, rather depending on the basis of contacts. (Ethics and Corporate Governance: Is There One Best Way? ) Every profitable enterprise wants to flourish and therefore require skilled senior management. But skilled management never implies that that sole decisive factor is awareness regarding the functioning of the business and the capability to augment earnings, growth and profits. Competent management must even instill a custom of truthfulness and ethical conduct. The Board of Directors and management must fix a right ethical pretext in case of every employee, across the hierarchy of the organization. An efficient code of ethics or code of conduct is something which is espoused by the Board of Directors and routinely evaluated and reinstated by the Board. A Code of Ethics must fix the values of the company like the leadership, responsibility, honesty, and dedication and it is not the end of it. (Corporate Governance: Codes of Ethics to Guide Corporate Conduct) In case of beginners, codes of conduct must deal with working conditions, personnel enrichment and training, and disagreements of interest. In order to be genuinely effectual, a code of ethics must be included into employee training across the company and used as an instrument for assisting worker feeling on expected conduct. It must be supervised at every stage to find out if the ideals are really executed across the company. A lot of companies with ethics programs have persisted to sustain hue legal cost for litigation based on unethical conduct of its employees due to gaps in supervising and implementing an ethical code of conduct. The ongoing engagement of every staff as also service by Board members must partly be resolved by every person espousing, enforcing and behaving themselves as per a suitable ethical code of conduct. (Corporate Governance: Codes of Ethics to Guide Corporate Conduct) To conclude, corporate governance guidelines and ethics are developing fast. Investors are calling for increased standards as also other stakeholders. Those companies who do not possess appropriate corporate governance and ethics processes endanger themselves to serious harm to their standing, criminal/ legal action and authoritarian punishments.

Roles of Men and Women

Shamia Thomas Dec 9, 2010 Human Sexuality Rebecca Temple Gender Roles and Stereotypes In all societies the obvious biological difference between men and women is used as a justification for forcing them into different social roles which limit and shape their attitudes and behavior. That is to say, no society is content with the natural difference of sex, but each insists on adding to it a cultural difference of gender. The simple physical facts therefore always become associated with complex psychological qualities.It is not enough for a man to be male; he also has to appear masculine. A woman, in addition to being female, must also be feminine. For instance, men and women who feel that they do not fit the masculine and feminine stereotypes, or who resent them as too restrictive, may also develop ambiguous feelings about their biological sex. A person's gender role is composed of several elements and can be expressed through clothing, behavior, choice of work, personal relationships and other factors.These elements are not concrete and have evolved through time. In my life, I always grew up respecting others regardless of their tradition, religion, relationship status or gender. Strange as it may seem, the family roles have not changed much in today's society. Growing up,I never knew the gender roles of men and women as much. Many topics such as sexuality,martial status of gender roles and stereotypes were always a major issue in highschool. Now in this time, homeosexuality is a major issue among our young generation and older peers.Homeosexuality is is defined by the term or lebsian because sex is specific. The terms heterosexual and homosexual are rarely used in everyday speech. Many often use slang words such as gay, lebsian or straight. Generally, the terms ‘gay' and ‘lesbian' are seen as being less laden with negative implications than ‘homosexual'. The term ‘gay' is used to describe both homosexual men and lesbian women but has bec ome particularly associated with homosexual men. gression – MEN more physically aggressive, WOMEN show more guilt, empathize with victim, women can be as aggressive if feel justified or victim is anonymous, also use indirect aggression†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Talking – WOMEN use tags more often, discuss personal feelings†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Nonverbal -WOMEN look more at partner when listening than talking, MEN about equal, MEN more likely to touch, WOMEN be touched, WOMEN more attune to verbal and nonverbal expressions & feelings†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   MEN – casual sex (availability), WOMEN – sex with romantic relationship (long term)†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Jealousy – MEN sexual, WOMEN emotional infidelity†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Self-esteem – MEN value more unique characteristics and abilities, prefer competitive sit, WOMEN interdependence and connections with others (cooperation)†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Viewing Abilities – WOMEN evaluate self more harshly, also less likely to judge self above average than others as compared to MENGender Differences – Cognition†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   WOMEN excel in language, MEN in math, science, spatial†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   IQ tests show both MEN and WOMEN about equal in overall learning ability†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Gender differences   – many of differences are small and declining†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   May reflect sociocultural influences (environment) – math and spatial stereotypically masculine – see no difference with math in elementary school, but do at high school level, also give WOMEN practice can get as good. Often WOMEN academically successful labeled as â€Å"hard workers†, MEN as â€Å"talented† This does not mean that, in an ideal future, all human differences will disappear.Indeed, once the old stereotypes have been discarded, the differences between individuals within ea ch sex are likely to increase. Furthermore, under conditions of social equality, these individuals may also happily continue to play different gender roles. There should be no need to point out that there is nothing wrong with gender differences as such. They can greatly enrich our lives, as long as we understand that, in human beings, â€Å"different† does not have to mean superior or inferior. In other words, those who demand equal rights for men and women are not asking for drab uniformity, but for a social climate in which variety can flourish without being exploited. | | Roles of Men and Women Shamia Thomas Dec 9, 2010 Human Sexuality Rebecca Temple Gender Roles and Stereotypes In all societies the obvious biological difference between men and women is used as a justification for forcing them into different social roles which limit and shape their attitudes and behavior. That is to say, no society is content with the natural difference of sex, but each insists on adding to it a cultural difference of gender. The simple physical facts therefore always become associated with complex psychological qualities.It is not enough for a man to be male; he also has to appear masculine. A woman, in addition to being female, must also be feminine. For instance, men and women who feel that they do not fit the masculine and feminine stereotypes, or who resent them as too restrictive, may also develop ambiguous feelings about their biological sex. A person's gender role is composed of several elements and can be expressed through clothing, behavior, choice of work, personal relationships and other factors.These elements are not concrete and have evolved through time. In my life, I always grew up respecting others regardless of their tradition, religion, relationship status or gender. Strange as it may seem, the family roles have not changed much in today's society. Growing up,I never knew the gender roles of men and women as much. Many topics such as sexuality,martial status of gender roles and stereotypes were always a major issue in highschool. Now in this time, homeosexuality is a major issue among our young generation and older peers.Homeosexuality is is defined by the term or lebsian because sex is specific. The terms heterosexual and homosexual are rarely used in everyday speech. Many often use slang words such as gay, lebsian or straight. Generally, the terms ‘gay' and ‘lesbian' are seen as being less laden with negative implications than ‘homosexual'. The term ‘gay' is used to describe both homosexual men and lesbian women but has bec ome particularly associated with homosexual men. gression – MEN more physically aggressive, WOMEN show more guilt, empathize with victim, women can be as aggressive if feel justified or victim is anonymous, also use indirect aggression†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Talking – WOMEN use tags more often, discuss personal feelings†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Nonverbal -WOMEN look more at partner when listening than talking, MEN about equal, MEN more likely to touch, WOMEN be touched, WOMEN more attune to verbal and nonverbal expressions & feelings†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   MEN – casual sex (availability), WOMEN – sex with romantic relationship (long term)†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Jealousy – MEN sexual, WOMEN emotional infidelity†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Self-esteem – MEN value more unique characteristics and abilities, prefer competitive sit, WOMEN interdependence and connections with others (cooperation)†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Viewing Abilities – WOMEN evaluate self more harshly, also less likely to judge self above average than others as compared to MENGender Differences – Cognition†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   WOMEN excel in language, MEN in math, science, spatial†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   IQ tests show both MEN and WOMEN about equal in overall learning ability†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Gender differences   – many of differences are small and declining†¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   May reflect sociocultural influences (environment) – math and spatial stereotypically masculine – see no difference with math in elementary school, but do at high school level, also give WOMEN practice can get as good. Often WOMEN academically successful labeled as â€Å"hard workers†, MEN as â€Å"talented† This does not mean that, in an ideal future, all human differences will disappear.Indeed, once the old stereotypes have been discarded, the differences between individuals within ea ch sex are likely to increase. Furthermore, under conditions of social equality, these individuals may also happily continue to play different gender roles. There should be no need to point out that there is nothing wrong with gender differences as such. They can greatly enrich our lives, as long as we understand that, in human beings, â€Å"different† does not have to mean superior or inferior. In other words, those who demand equal rights for men and women are not asking for drab uniformity, but for a social climate in which variety can flourish without being exploited. | |

Mexico economy Essay Example | Topics and Well Written Essays - 250 words

Mexico economy - Essay Example He has not only monopolised the telecom market, but also fended off competition from potential investors. Additionally, the banking industry is equally uncompetitive. The presence of two major banks that control almost half of the economy means 95% of account owners have no option, but to subscribe to their services. As a result, forcing competition in the banking sector is still not easy. However, recently the Mexican authorities implemented new competition laws to create room for entry of new investors. Though a positive move, the locals and investors still do not fancy their chances of rivalling the big players. Analysis: The monopoly markets in Mexico are the primary reason for stagnated economic growth in the country. They reduce chances of entry of investors due the stringent laws and economies of scale they enjoy. This situation is aided by cases violence in the borders facilitated by drug cartels. These situations drive away potential investors. The lasting solution is to open the economy and let both local and foreign competition force existing firms to adapt to the changes. Free economy will lead to a projected growth rate of 2.5 percent in domestic

Exercise psychology Essay Example | Topics and Well Written Essays - 2000 words

Exercise psychology - Essay Example Exercise has been reported to reduce one’s feeling of depression and anxiety, as well as upgrading one’s cognitive skill and self appreciation. Any form of conscious activity requires utilizing both the mind and the body, much more if it’s a physical activity like exercising, be it a light or rigorous one. Exercise speeds up circulation of the blood, providing the brain with oxygen that aids in its function. According to Dr. Zeischegg, inadequate supply of oxygen to the brain can lead to poor concentration, mood swings, depressive thoughts, among others. Exercise likewise keeps the mind busy, allowing the person to veer away from whatever negative feelings he or she may be having at that point. It is imperative to add, however, that just like any other activity, exercise has to be done in moderation. Inexperience and lack of valuable information regarding chosen exercise may lead to adverse side effects and/or physical damage, thus, defying its purpose of psychol ogical enhancement. It is also imperative to stress the acknowledgment that depression is not a one-day sickness that goes away after sleeping on it. An excruciating experience or event generally causes depression. This experience or event may have happened overnight but this does not follow that getting over it will happen just as fast. Realizing this fact generally helps the patient realize that overcoming depression needs to be gradual, not forced. Several activities have been considered with reference to enhancing psychological well-being of a person. Frequently considered are running, walking, cycling, and swimming. Since the only given facts in the case study I chose were gender, age, and physical health, I will assume that any of the above-mentioned exercises may be apt for him. Running. â€Å"Running actually has the ability to alter an individual’s moods because hormones called endorphins are released while running†,

The Poet Laureates of Los Angeles Essay Example | Topics and Well Written Essays - 250 words

The Poet Laureates of Los Angeles - Essay Example My Endurance finds that common ground in his nostalgic imagination, full of â€Å"booze and madness.† Being aware of working people letters, he points that he is even more â€Å"worse off† than most of them, writing to him on the paper â€Å"often torn† with an â€Å"unsharpened pencil or in ink.† Afterwards, he comes into a powerful realm of his inner world, transferring into â€Å"a young boy to write my stuff now.† So, his secret and common ground of his mental world and poetry is in his ability of thinking independently, changing things by the outstanding will for creativity of the imagination. On the other hand, Wanda Coleman’s The California Crack can be treated as a wonderful mystery, full of allegories, symbols, allusions and phantasms. Inspired by usual acid crack (â€Å"acid trails and flashes†), after imaginary days of â€Å"dripping,† her hero introduces sweet memories about his childhood (â€Å"†¦about his mother pinching him†), visualizing his everyday facts (â€Å"the lesbian he loved†¦Ã¢â‚¬ ); finally, his presentiment of something ugly comes true when bed getting split and the earth â€Å"opens the soft moist mouth of a scream.† In the expressive way, Wanda insists on the importance of â€Å"earth† feeling and â€Å"memory† pre-presence for our everyday balance and stability. To sum up, two LA poets single perspective must be examined in their considerations within these two poems, The Secret of My Endurance and The California Crack. Supposedly, their inner dimensions – imaginary and allegoric one – bring them to a harmony of existence leading to non-conflict coexistence in the everyday life of

Ambassador Theatre Group Research Paper Example | Topics and Well Written Essays - 500 words

Ambassador Theatre Group - Research Paper Example The theatre was founded by Howard Panter and Rosemary Squire in the year 1992 the couple has marvelous history of enthusiastic pursuits.   Sir Eddie Kulukundis is the life president of the group and has enormous contributions towards the revival of the art and entertainment industry in Britain. The love of the creative art was the driving force behind the concept of a fanatic couple, â€Å"Seventeen years ago a pair of theatre obsessive went into business together to build a theatre in Woking.† (Hoyle 2009). The theatre has now developed into a matchless huge corporation that operates worldwide from a mere innovation of two ambitious art lovers.The group not only successfully retain the successes achieved in the early years of the company but has shown a great caliber to build upon these early success Ashton (2009) has noted the same, â€Å"ATG, set up in 1992 by husband and wife team Howard Panter and Rosemary Squire, will dominate London’s West End, managing more t han 11,000 theatre seats.† Beyond this success story, the Ambassador Theatre Groups has an unparallel symbolic significance for art lovers to work hard and achieve the heights that Howard Panter and Rosemary Squire had never dreamed. The ATG group business is operating in several sector of the industry including the media production, theatre management and ticketing etc. The group achieved the stature of single largest theatre group from scratch as Nighingale states â€Å"That’s the challenge for Howard Panter and Rosemary Squire".

Rational Decision-Making Model Essay Example | Topics and Well Written Essays - 1250 words

Rational Decision-Making Model - Essay Example According to the research findings, rational decision creation model is a cognitive progression which requires that each step must be followed in a logical manner and in an organized manner. The cognitive process of rational decision-making model requires thinking and evaluating the alternatives for attaining the best possible result. There are various rational models available all of which have various steps involved and the steps which are inter-related also differ in different models. Some people are of the opinion that rational decision creation is comparable to trouble solving. It is evident that some resolutions are not dilemma oriented and does require telling the common delineation of a rational representation. Rational decision making is considered a multi-step procedure which requires logical and sound decisions to be made executed in an orderly manner starting from problem initiation through a solution. The entire process starts with a formulation of goal, identification o f criteria for decision making and then working on the alternatives for making analysis and making the finalized decision. The other area of rational decision-making model requires management to make some vital assumptions about a particular decision. Hence it requires that the person should have complete and precise information available about the selected preference which has been made. Moreover, the person should have cognitive ability and time for weighing every choice available to them which will allow them in making an efficient decision. However, it can be asserted that rational decision making is completely designed using scientifically collected data which allows making informed decision making. Once the data is carefully selected and analyzed it helps in reducing the chances of errors and misrepresentation. The assumptions and conjecture combined with subjectivity are all considered as the leading causes for poor and inequitable judgments. The biggest advantage is that inf ormation and knowledge are all based on performance which must be consistent, reliable and of high quality. It helps greatly in reducing risks and uncertainties associated with the concerned resolution. The rational decision-making model instills a proper strategy for making decisions which must be disciplined, consistent and logical in manner. As it is a step by step methodology which requires that problem must be defined clearly before taking any decision and action. Once the problem is precisely defined and particular decisions are identified using weights.

On Truth and Lies in a Nonmoral Sense Essay Example | Topics and Well Written Essays - 1250 words

On Truth and Lies in a Nonmoral Sense - Essay Example Here he discusses the implication of language to our acquisition of knowledge. The second part deals with the dual nature of man, i.e. the rational and the intuitive. He establishes that neither rational nor intuitive man is ever successful in their pursuit of knowledge due to our illusion of truth. Therefore, Nietzsche concludes that all we can claim to know are interpretations of truth and not truth itself. Analysis In the first part of his work, Nietzsche asserts that: â€Å"The pride connected with knowing and sensing lies like a blinding fog over the eyes and senses of men, thus deceiving them concerning the value of existence† (Nietzsche 451-452). Here, it seems that Nietzsche is trying to reject any empirical sense of gaining knowledge. For example, I know that I am sitting on a wooden chair because I can see the chair, feel the texture of the wood, touch it, and even smell the aroma of it. But Nietzsche argues that we only perceive the surface of things, and our  "senses nowhere lead to the truth" (Nietzsche 452). This is what Nietzsche meant by using the analogy of our senses being like a â€Å"blinding fog over the eyes† and thus deceiving us on our knowledge about things. But how do we know what is true from what is false? What is truth as opposed to lies? Here, Nietzsche introduces the concept of man as a social being who creates peace among society and forms a general consensus in the process of doing so. He once more establishes his point by saying that â€Å"this peace treaty brings in its wake something which appears to be the first step toward acquiring that puzzling truth drive† (Nietzsche 452). Furthermore, he argues that â€Å"a uniformly valid and binding designation is invented for things, and this legislation of language likewise establishes the first laws of truth. For the contrast between truth and lie arises here for the first time† (Nietzsche 452-453). In other words, Nietzsche establishes his foundati on of truth as opposed to lies. Since the development of language, all its representations are, according to Nietzsche, lies. Language is a form of self-deception, which humans have created to convince themselves that the unreal is real. Indeed, Nietzsche asks, â€Å"Is language the adequate expression of all realities?† (Nietzsche 453). The emphasis here is the one to one correspondence of an object to that of its spoken word. For example, when I a rainbow, the first thing that I associate with it is color. Almost anyone would understand me if associate the word â€Å"color† to the object â€Å"rainbow†. However, consider the following scenario: what if you were never exposed to color? Since you were born into this world, you were kept inside a house that had only shades of gray. In short, what if the world you consider as real is all in black and white? Now consider that this person saw a â€Å"rainbow† outside his window for the first time, would he as sociate the term â€Å"color† with it? Would he even know what â€Å"color† means? This is the point that Nietzsche wants us to understand regarding language. I quote, â€Å"It is this way with all of us concerning language: we believe that we know something about the things themselves when we speak of trees, colors, snow, and flowers; and yet we possess nothing but metaphors for things - metaphors which correspond in no way to the original entities† (Nietzsche 454). Thus, Nietzsche concludes that â€Å"the genesis of language does not proceed logically in any case, and all the material within and with

Marketing Essay Example | Topics and Well Written Essays - 1250 words - 2

Marketing - Essay Example 3). E-commerce sites such as Amazon and Play.com are also sources of competitive threat as they provide the facilities for online purchasing. In online purchasing, the consumers have many of the same advantages when it comes to music downloading. Online purchasing offers greater ease of searching and convenience and the consumers can sample the products and read reviews. Online retailers also have the ability to offer a wider selection of titles than it is possible for a high street store like HMV. HMV has a solid platform from which to launch its new drive. As mentioned before, it has a high brand equity in the market. Therefore any initiatives are likely to be welcomed by the market as the consumers have trust in the brand (Kotter & Schlesinger, 2008, p. 138). The management of the company needs to formulate strategies which address the competitive threats from three sources: downloading, online purchasing and supermarkets. The supermarkets which are competing for the same market s hare are Asda, Tesco and Sainsbury. The management of HMV needs to consider the strengths of the competitors and formulate alternative strategies accordingly (Pearlson & Saunders, 2005, p. 19, Wang & Rode, 2010, p. 9). Therefore an industry analysis should be conducted (Pascale & Sternin, 2005, p. 73). The threat of new entrants is minimal because of the high competition. The threat of substitute products comes from online. These two threats combine to create a high threat of competitive rivalry. Buyers do have high bargaining power given the wide choice from online. For the same reasons the artists who provide the content have high bargaining power. Alternative strategic options According to Michael Porter’s theoretical model for strategy formulation, an organization has three competitive strategies available: cost minimization, differentiation and quick focus (Gosling & Mintzberg, 2004, p. 55). In the present context, differentiation is a viable option for HMV. The music an d entertainment retailing company can arrange to maintain a diverse product selection, thus reducing the competitive threat from online companies which are eroding the attractiveness of HMV’s business model by offering a wide selection of titles. Diverse product categories will also help to attract a greater number of market segments, thus enhancing the company’s market exposure (Winfield & Hay, 1997, p. 55). For example, HMV could increase the range of portable digital products. As the popularity of online purchasing grows, so will the demand for portable digital technology. The range of games hardware and software can also be expanded. Nintendo technology has taken the market by storm. Therefore products in this category should be emphasized upon in implementing the differentiation strategy. The pricing structure could be changed to increase demand. HMV is facing competitive pressure from music downloading because downloading facilitates lower prices. However in modi fying the prices, HMV should not forget about maintaining its brand image. If the prices were too low, then it would begin to affect its brand image as the consumers would start to suspect the quality of the products which are priced at such a low level. In pricing its products, HMV has five strategies: skimming pricing, competition pricing, psychological pricing, premium pricing and cost-based pricing (Teece, Pisano & Shuen, 1997, p. 510, Ross & Perry, 2002, p. 121). If HMV were to implement the pricing option, then it would

In the practicalities of arranging a syndicated loan a lead bank has Essay

In the practicalities of arranging a syndicated loan a lead bank has clear functions but its legal position and responsibilities are both potentially very ambiguous Discuss - Essay Example It follows from this that the legal responsibilities of the lead bank is very important as it represents an important link between the syndicate and their individual relationships with the borrower.2 Even so, the lead bank’s legal position is ambiguous since it coordinates what can amount to conflicting obligations between the syndicate and the borrower. This paper examines the legal position and the responsibilities of the lead bank in arranging a syndicated loan and explains how both can be ambiguous. A syndicated loan is a multi-bank financing mechanism where a number of banks conjoin to advance a loan to a borrower based on a â€Å"single loan agreement.3 The legal complexity of this arrangement is explained by Mugasha as follows: â€Å"...the agreement is executed by more than one bank and there is privity of contract between the borrower and each of the banks. Legally, each of the banks has a separate contract with the borrower, even though for convenience, the separate contracts are printed in one document.†4 In a typical case, a borrower requires a loan which a single bank is either unwilling or unable to advance. It could be that the loan required is large and the bank approached is not prepared to accept the risk for the entire amount.5 In any case, the reluctance of a single bank to advance a loan often gives way to a syndicated loan or a â€Å"multi-bank loan arrangement† in which at least two banks advance loans to a single borrower â€Å"on common terms based on a single document.†6 Despite the single document, each bank has a separate agreement with the borrower.7 The result is, the obligation of the individual banks involved in the syndicate loan is several rather than joint.8 The lead bank’s legal position and responsibilities with respect to the syndicated loan arrangements is divided into two intricately connected participatory roles. First and foremost, the lead bank, which is usually the bank

Ghost Town Essay Example for Free

Ghost Town Essay A graveyard at midnight was always going to be scary. I just hadnt expected it to be quite so scary. Shadows scuttled behind crooked grave-stones. Street lights glowered like white unblinking eyes through the fog. Cold, clammy fingers stroked the back of my neck. Its just the wind, I told myself. Dont go shrieking like some silly girl, or youll give them away. I clutched my bad tighter, keeping my eyes on the circle of bobbing torches. Those Cool Club kids thought they were so cool, coming to the graveyard in the middle of the night, dressed all in black. I could hear them giggling, and making spooky sounds, as Reaper whose real name was Matt held a torch under his chin and told some stupid ghost story. Skeleton was glugging down some disgusting black drink they called bats blood, though I knew it was really blackcurrant cordial with green food colouring and a bit of flour. I knew this because Skeleton is my big brother Hamish, and hed chased me all round the house this afternoon trying to make, me drink it. Hamish and his mates thought they were so cool, but Id show them! I crouched down behind a broken stone angel, and carefully rummaged through my bag. A bag of flour, a toy microphone that made your voice echo loudly, a length of ragged white muslin curtain right, I was ready. Just then, I heard a weird shuffling sound right behind me, I whipped round and saw A rage infected dog! It was moving rapidly, in my direction and ready to pounce. Slowly and quietly it snuck up on me edging closer and closer. Without out any sudden warning the mad dog pounced. Rapidly, I moved just in time to get out of the way. The rage infected dog sensed my fear and I stood still as still can be. Furiously, I ditched my plans and I decided to make a run for it, leaving my bag and equipment behind. As soon as I started running, the dog came racing behind me, just waiting to take a bite out of my, little legs. The graveyard was a dark and mysterious place, which I would have never dared to go. My thoughts and my fear were getting the better of me and my legs. I started to slow down. In the moments of shear disbelief, the river came upon me, which ran past the graveyard. Without any conscious decision I leapt into the river with full force. The dog came to an abrupt halt. The blood was pumping frantically throughout my body. Moments later my heart rate began to normalise. The dog lost my scent and gave a frightening howl, which temporarily paralysed my hearing. The rage within the dog was building. I looked up through the shrubs, in the direction of the river bank. Slowly and quietly I swam towards the bank. The dog turned back and bailed. I was determined to get back to the club but the winds and the noises of the graveyard were again taking advantage of me, breaking me down slowly and slowly. I made the most immediate decision, and that was to follow the dog. As stupid as I was, I would always keep a safe distance away from the unpredictable creature. With no clear path and all dense shrubs, I had trouble getting out of the banks. My body was shivering; the hairs on my legs and arms were all straight and upright. The deep cuts from the bushes started to emerge on my legs and the lacerations started to sting as the dry wind grazed against them. With blood trickling out of the cuts on my legs I started walking, keeping a good distance from the dog. I soon got back to the clubs location and no one was there. And then it hit me, I had just lost track of the dog. The problem was where was the dog? After 10 minutes of walking, I soon spotted the club whimpering behind a cold hard abrasive rock. I was worried. There was no sign of Hamish, my big brother. Matt said that Hamish had gone off wandering tying to find me. One of the other club members spotted a dark red trail just ahead of the rock. Matt, his mates and I grouped together and we started following the blood trail. It seemed endless. The trail went on and on and no one knew when it would stop. After endlessly travelling in the middle of a graveyard, I became weary. Then we heard a noise. It was a deep heavy growl. Matt peeked through the bushes and gave a terrifying shriek. His face was purple. I looked through the bushes I looked up and I saw the rage infected dog right at him. It was Hamish. He was missing a great chunk from his neck and the dog was furiously tugging at the remaining leg. The shear force of the dog ripped the leg off. It was sent flying. The dog rapidly chased after the remaining leg and chewed it to pieces. All the blood and flesh went everywhere. I felt weak and dizzy. My brother was dead. Right in front of my eyes, in pieces! I had sunk to an all time low. I began weeping on Matts shoulder. My brother had gone. Just perished Matt tried calling for help but there was no answer. The group started moving on. We all walked up to Hamishs body, which was ripped up in pieces. We all thought the dog was long gone, until I turned around. Black creatures were emerging from the bushes. Slowly they grew bigger. The street lights around the graveyard began flickering. Suddenly they went out. From nowhere howling began to start. The lights started flickering again. And then everything stopped. Matt looked around and immediately clenched my hand. We were surrounded. Dogs were everywhere. Suddenly, Matt pulled out a knife. But how? Matt handed me a silver serrated knife, which was identical to his. I could barely hold on to it with one hand. With both hands I gripped it. And with my life on the line, we all charged at the dogs. Waving our knives back and forth, hurling flesh everywhere. In a flash, one of the dogs started heading in my direction. With a last and desperate attempt, the dog made a frantic move. It pounced at me I moved the knife right into the view of my face. I hacked the dogs face off with the knife. Its mangled body came flying into my face and knocked me over. Another ferocious creature came and looked over me. I was finished! Suddenly the wind started howling and a silver knife came down on the dog. Its innards flew everywhere. What looked like a stomach came flying into my mouth. Furiously I spat it out. With my mouth bathed in blood, I felt sick. The dogs had bailed. But what was ahead of us?

Personal Development in Strategic Management

Personal Development in Strategic Management Personal development is about acquiring knowledge, skills and experience for the purpose of improving individual performance and self perception. It is a systematic process, which has a purpose to develop, identifying the skills to be improved, utilising the opportunities, action plans to be formulated, recording the outcomes, reviewing and evaluating the outcomes and benefits. Strategic manager is an individual who has good leadership qualities to bring change according to an environment and to operate at a strategic level. He/she is the one who takes the necessary decisions, set goals and strategies to win over existing and potential competitors. Personal development is imperative in todays world as this is a planning process through which managers acquire leadership skills and knowledge necessary to achieve long term goals of the organization. The organisation that I have chosen is Pioneer Computer Services is a leading IT management, systems and technology consulting firm. Committed to innovation, responsive to our clients needs, and focused on delivery of value, PioneerÂÂ  draws on the knowledge and expertise of our consultants, whose skills span a wider range of capability than any other major consulting firm. The specialist disciplines ofÂÂ  pioneers consulting staff are underpinned by deep change management experience managing risk, mobilizing staff and integrating initiatives to deliver sustainable change quickly. As a strategic manager at Pioneer, I have to keep focusing on what are the skills I need to develop in order to support strategic direction as well as I need to evaluate what are the strategic skills required to achieve strategic ambitions. In this assignment first I would try to identify the personal skills required of managers to achieve strategic ambitions of Pioneer. Then I will discuss leadership development to support achievement of strategic ambitions, effectiveness of the leadership development plan, promote a healthy and safe environment that supports a culture of quality and finally I will conclude my work by summarizing the whole assignment. LO1. Be able to identify personal skills to achieve strategic ambitions Analyse the strategic direction of the organisation Strategic is a organised plan . which veirified to achieve better collition of corporate plan. A modified strategic direction of infotec company will help in identifying the own competencies of a strategic manager . this can be accompalish by knowing the affect of strategy on corporate, business and operational level and by study . what strategic ideas would required to make decisions and modifying. A fine image . what infotec purpose is ? It could be shown in the form of mission and vision statement. At corporate level i attempt the strategic analysis to findout strategic direction of infotec, putting question to myself considering the type of business infotec is in ? is there any need to expand business or new services to be provided to customer in market from organisation. How to corroborate infotec financially in acting the above activities. At a business point of view i findout the particulate sector to developed. Eg : Flexible Benefits, incentives and rewards to motivate the em ployee to give there best for the company to be a chanllenging in business world . infoted mission is to be customers first opt of service provider by implementing the quality service , capitalistic cost by delivering latest technology Eg . To be a most successful electronic company by presenting a best customer experience and satisfaction in the markets we serve, providing handsome returns to shareholder and rewards to our employee. Infotecs vision is to expand its business by providing systematically superior services. E.g. seven years from now maplin will be as judge one of the top 5 electronic company in the industry, by 2020 lebera will be one of the top 5 communicating network companies in world. infotecs destination goal of elaboration into the other trades apart from its own country and it can be come through by export and import business opportunities, uniting and acquirement, new business deals, this align with the strategic direction of the organisation. Evaluate the strategic skills required of the leader to achieve the strategic ambitions Strategic ambitions of infotec are, to be a world-wide leader in the service and technology industry, to represent among the top 10 quality sellers in the market, to elaborate our business sharply through technology and to generate handsome revenues for the organisation. This can be accompalish when a organisation has a perfect leader with good leadership qualities and ideas to implement. Leaders are known for their development and applying favour to corporate strategies, predicting the future of organisation, features the ability to take full favour of available resources, etc. still it is very important for leaders of InfoTech to keep on creating| their skills, so that infotec can exist for a long period in this aggressive market. Leadership skills are determined and measure from time to time and keep on modified to meet strategic ambitions of infotec are identifying as: vision, relationships, teamwork, coaching development and decision making. Vision: Being a leader of infotec I must have a open idea where my organization and team are going beyond this years budget.In long terms to what extend it may reach? 1. Relationships: Being a leader, I should like speek with people issues, by taking leadership advantage. Only then I creat a team and achieve amazing results for infotec. 2. Teamwork: A team, consist of people with different skill sets, is necessary. I must know how to sturcture and encourage such a team. 3. Coaching development: Developing others giving opportunities to explore there ideas is an important role for me and boost them to expand their capabilities. Instructing and development are important skills that I should set up at infotec. 4. Strong communication skills: Communication is necessary because as a leader I have to coach, arrange , counsel, judge , and supervise through this process. Competencies needed to achieve strategic ambitions: Decision making: I must be able to wade through information, perceive whats applicable, make a well-considered conclusion, and take implement based on that conclusion. Time management: It is precise for me to hold the time, when I intend every thing according to achieve certain goals, it helps me to grade my work, it helps in creating a superior work, keeps me on the right path concentrating on strategic ambitions Assess the relationship between existing, required and future skills to achieve the strategic ambitions At present in infotec the strategic managers own few skills to accomplish the strategic ambitions. These insences not sufficient to accomplish the strategic ambitions. They own communication skills,delegacy mission,developing others, motivational skills, personal skills,Technical skills, command others, and initiators. Skills needed to achieve the strategic ambitions of infotec apply, the architectural role are empowering others, creativity, quick reaction, time management, flexibility,strategic thing, possessing high personal standards,endless learning, result oriented, self judgment, problem solving etc. Analysing the gap between current position or existing skills and expectable skills is mention as gap analysis. By analysing the gap, infotec came to know where are we and what skills are missing. Then a personal development plan came into creation which turn up in the below , final result for future to succeed the strategic ambitions. Personal development plan supports infotec to judge and determine the future skills needed and also educated the value of future skills. Identified below are the few future skills: Master strategist, relationship builder, talent developer and business challenges.personal arrogance , controlling leadership style ,reluctance to tackle difficult people, Should be able to bring the alternative whenever required rely up on the position , ability to form competent teams to present the best services, a dominating level decision making, ability to addres and consider , unpredicted opportunities, ability to combine strategy with corporate culture, anticipate the vision, command the business on behalf of all the stakeholders, to develop and apply changes to corporate strategies, personal opening to go beyond specify boundaries, to supervise and manipulate operations with special cite to financial results, productivity, caliber, customer services, invention , new wares and services and staff developments, to provide guidelines and plan of action for other managers to alleviate both the management of operations and changes in capitalistic and structural strategies. LO2. Be able to manage personal leadership development to support achievement of strategic ambitions 2.1 Discuss the opportunities to support leadership development As a leader, I have to confine where do I position today in the organisation? This can be perform by self assessment; a feedback from others would be the best to certify, what do they imagine about me? What do they see in my behaviour? Its very esssential to know about me, what leadership caliber, behaviour I own? What others retrieve and dont retrieve about me? These feedbacks, helps in succeed the strategic ambitions of infotec. This can be perform by using very acquainted development tools like performance estimation, 360 degree feedback, SWOT analysis, psychometric assessment, interaction sessions, coaching etc. Performance estimate is one of the essential tools to determine the performance of an employee in an organisation. It render the organisational diagnosis and development; assist communication between employee and administration. A 360 degree feedback can be acquire from my managers, peers, grade and customers whilst perform self assessment. Another essential tool to carry out self awareness is SWOT analysis, to avaluble extent it is used for strategic planning but can also be used for personal development border. Educational chance, development chance, training chance, career planning chance, are the opportunities to approve leadership development being followed by infotec. Educational opportunities: Educating the people of infotec to give knowledge about the system, process being carried in the infotec, so that the people will have a clear understanding of products and technology being used, it leads to a qualification subsequent with a degree and career way as well. Development activities: Ample number of growing activities with acquiring potential based personally or base on work in the organize of seminars, workshops etc. with these growing activities people will come to know themselves better and experiencing new things in technology sector of infotec. Training opportunities: Training people to make awareness about specific things for a specific period and place with a result oriented objectives. Training the people to bring up their skills and perform more effectively to encounter the strategic aims of infot Career planning opportunitiesplanning a long term strategy of any individual about his/her career. He/she has to intend, make and work according for the next 2-5 years 2.2 Construct a personal development plan to direct leadership development As a leader of infotec, with the strong position and want to make this personal development plan successful using a growing log initially I determine Key development goals: Appraising the presentation of my employees, these results in staff more devote to their work (efficient performance) and to perform training session for sales team to modify their performance and sales estimate. Collecting feedback: Accumulate feedback from my fellow worker about the way I am carrying the process, about the force which help me to hike more of my contribution, about the unannounced opportunities whether, I should employ them or not. This prove in a positive response from my fellow workers, saying that I possess satisfactory leadership skills which are my capability(change ability, time management, decision making) and these capability will help me to boost more and can move up with the coming opportunities. Planning steps: I intend according to the growing goal step by step. What power get in the way to carry out this development goal Which things I have to judge or release with in the time What resources will be expect or acquirable with me What I have to do to succeed this development goal Entering progress To displace out one of the key development goal: providing teaching sessions for sales team to change their performance and sales figure, things like more time I need to pass with them, work force may get in my way; I need to give up extra time to groom, I may need to perform training meeting with the sales group; Need enough budget to complete the training sessions, special training rooms needed; acquire trained or advice on rendering training to sales team,planed meetings, conducting teaching sessions, communicate for feedbacks to present to board. Similarly intend for employee assessment as well. Monitoring progress: After the successful completion of teaching sessions for sales team I started supervise the progress of sales team. analyze their efforts to sell there move candidates of infotec to different customer and getting them placed. Continuously reviewing and refining your approach to deliver superior performance: I had face to face interactions with each and every singular of sales team, conside any queries they have, any problems being faced in accomplish their tasks, anything that I can help them out. I being carrying out this activity with sales team thrice in a week to present outstanding performance 2.3 Devise an implementation process for the development plan Personal Development Planning will support you to specify and research your goals and map out ways to make them into reality. It will change you to articulate the skills you are developing now in order to expose opportunities in the future. (Source: University of KENT website). I develop a SMART objective based plan to create leadership development of infotec which was specific, important, manageable , and pratical and time bound. Skill audit: performing a skill audit by measuring a multi-rater questionnaire with the option of customizing and alleviate the 360 degree feedback by one-on-one developmental discussion. Skill required to be improved: With this questionnaire impractical skills (modifying change, decision making, time management, considering unannounced opportunities, managing business on behalf of stake holders etc) were listed out to be improved, developed to encounter the strategic ambitions of infotec. Activities to improve the skills: Device activeness required to develop the above skills of leaders of infotec includes teaching sessions and workshops. To perform these teaching sessions and workshops there will be a requirement of a worthy seminar room or special teaching and development room with capable seating, ventilation system , white board, markers, projector, tables and chairs, pen and papers, with a minimum room temperature and the most essential budget as well. Measures to enter progress: Training is the important factor of personal development plan and it should be recorded up to date. Easy way of Performa is to maintain the copies in the seminar room or teaching development rooms where teaching is given. Once after teaching has been given on a particular day and time, it should be entered on the forms. Time limits: A verifiable based plan to be achievable it should have a time limits. And this can be make by keeping the records of trainees how well are they , executeing during the teaching sessions, within one week time, three weeks time respectively. The objective to direct the leadership development for infotec can be reach within 3 months time. LO3. Be able to evaluate the effectiveness of the leadership development plan 3.1 Assess the achievement of outcomes of the plan against original objectives After the prosperous implementation of leadership development plan, now it is the time to estimate the result of plan against original objectives of infotec. improment need: Describing the development need of infotec was an aspirational visionary style (which was to give a new ways to infotec before participate into the new markets). Targets: objective to make a new vision to infotec by consulting the stakeholders and presenting this at the upcoming comprehensive meeting in the next 3 months. Outcome: Attended the workshops and teaching sessions and designed a new vision , assertion after consulting the stakeholders and demonstrated it to board. Yes, the development demand was well acquire by the stakeholders during the consultation and was prepare to invest in the preparation activities and the board also sanction it to use as the next tool, next strategy to be implemented. Most of the things move well and were in favour of the imporved plan. Board was very awesome with the kind of work completed. Things finish well: Focus group with distinct stakeholders was truly helpful and cooperative in gathering basic data and feedback and wascreated to invest in the teaching sessions or workshops. Things did not work well: I expanded more time to inform my proposal to board as few of them requested to explain more in depth about the proposal. What would I do present new next time? I will spread handouts to each members of board so that they can form clear idea about my proposal and my thinking ; this would help me in preserveing time of board and,as well as minl. 3.2 Evaluate the impact of the achievement of objectives on strategic ambitions Development need: Identified development need of infotec was an aspirational , impractical style (which was to give a new way to infotec before entering into the new markets). Objective: objective to give a new vision to infotec by conferring the stakeholders and presenting this at the approaching general meeting in the next 3 months. Strategic ambitions of infotec: Strategic ambitions of infotec are, to state a world wide leader in the service industry, to be one of the top 5 prime vendors in the trade, to expand our business sharply through technology and to create handsome revenues. Applicable strategic ambition: A newborn marketing strategic plan to support the services of infotec in to new trade which, helps in becoming turning a world wide leader in the service industry. This marketing plan not only helps infotec in becoming a world wide leader in service industry but also adds more shareowner to the firm change the present impact being followed to be more impressive and streamlined in the future, helps employees to concentrate more and more on sales and customer focused. wedge achieved: yes, the impact was reach. A new vision statement was incorporate, more add of customers were been increase to the list, customers were effective with the vision and values of infotec, created the revenue more than 3 times analyse to last quarter, was added to the list of top 5 prime seller in the trade, 20% of magnitude in the employees performance, sales increased to 40% this was due to the addition in the 60% performance of sales group. Recruitment manage became more effective in present quality candidates to the customers of infotec. New shareowner started showing their arouse in infotec. 3.3 Review and update the leadership development plan Aspirational visionary style of development require was met within the time I hold for making the approaching strategy for infotec as it was going to appear into new trade. A new vision statement of infotec was created by consulting the stakeholders and presented in the common meeting held. Outcomes of this brand-new vision statement were comprehended when I attended the workshops and teaching sessions. Yes, the affect on strategic ambitions was appraise and many things were in spare of the development need and the verifiable behind it. It was well acquire by stakeholders and members of board, built relationships with new customer, new shareholders were been named, new business from this campaign ensued in huge income. And on the other side, present development requir public relations style and present development target behind this style of leadership stipulating, a high visible profile still require to be auctioned. This leadership style is about the holding the superior relations between the employees of infotec as well as with the customer, client , shareowner , community members, suppliers and with all those to have a good public visualise about the services rendered by infotec. New development require determine are human resource style, financial engineering style and analytical style of leadership development and with the aim in providing corroborative environment e.g.training, workshops, employee relations,profit and appraisals; rendering tight control systems, e.g. providing adequate amount to suppliers, by providing a improve rate of interest to shareholders for the specific quarter, decreaseing bonuses to employees, reducing down the training cost; providing quality analytical plans to be appied and measured, empowering the employees to communicate their thoughts in conveying a change in the present system, empowering the employees to take conclusion on their own to produce the yield in their own style severally. LO4. Be able to promote a healthy and safe environment that supports a culture of quality 4.1 Assess the impact of corporate and individual health and safety responsibilities on the organisation Health and safety is a cross-disciplinary area concerned with protecting the health, safety and welfare of people busy in employment. This is a policy of how a business will effectively guarantee and manage the health, safety and welfare of the employees. The goal of health and safety programs is to promote a safe and work free environment. It may also protect co-workers, family members, employers, customers, suppliers, nearby communities who are impact by the workplace environment. Health and safety responsibility on pioneer: Pioneer has a legal responsibility for health and safety of its employees and its customers, local communities, shareholders and those who may be affected by its business and its activities. It is about the preventing people from being harmed at work by taking the right precautions and providing satisfactory working environment. Setting HS policy: Pioneer consists of 40 people and its policy is in written format consisting of statement of intent, pioneer section and arrangement section. Health and safety policy of pioneer has influenced all the activities, including the selection of people, equipment and material. This written policy of pioneer has been upgraded from time to time, it indicated about the hazards and risks assessed and controlled in creating a safe working environment. Culture of pioneer: The role culture has a benefit of specialisation; here the employees of pioneer always focus on their particular role assigned to them by their job description which on the other hand increases productivity for pioneer. Development and implementation of health and safety plan: Being aware of risks being entertained by organisation, the board of pioneer was happy with the developed policy of health and safety. With an aim to protect people of pioneer a proper management system was introduced to ensure risks are dealt sensibly and with responsibility. Monitoring, evaluation and review of plan: A proper monitoring system was introduced to have a glance of HS policy of pioneer and reporting the problems still being faced, to the board to take up any necessary changes in the plan. This implemented plan was reviewed to check whether it is working properly and meeting the strategic ambitions of pioneer by collecting the feedback from employees, asking for their assistance in improving the system as well. Impact of health and safety responsibilities on pioneer: This developed plan lead to good health and safety performance includes: Less employee absence, reduced number of accidents and saved money, reduced costs and risks involved, better position against suppliers, shareholders and partners of pioneer, improved corporate reputation, reduced threat of legal actions, produced more results in the form of new clients, new projects 4.2 Estimate an organisational culture of quality on the achievement of strategic ambitions Promoting a health and safety quality culture: It was a hard time for pioneer in making commitment to develop health and safety issues. As safety of employees being a prime motive for pioneer, it planned to create a safety culture a safety team which involves and motivates the people in health and safety. Main objective to create a safety team of pioneer was to create awareness among employees, motivate them towards safety; as long as safety in pioneer entertains the outcomes will be entertained consistently. A safety team was introduced to focus specially on the health and safety procedures and to look after the system to be followed. The safety team was consist of two safety representatives, who deal with all the procedures, system being followed, take care about the employees present situation on floor. These representatives report to their manger of safety team. The safety team started conducting meetings with safety representatives, invited and visited other known companies to exchange the communication for better health and safety quality culture in pioneer. Communicated with employees about the safety environment in pioneer; exchange information about the facilities provided to people during the working hours etc. They included a timeout session every Tuesday with employees where, they can exchange the information about the present safety procedures, their thoughts, and ideas for the better safety procedures to be taken place. It was a big challenge for the leaders of pioneer to co nsistently focus on motivating the people to accept this new culture and to believe that pioneer is highly committed in maintaining health and safety of its employees. Impact of health and safety quality culture in pioneer: With the implementation of safety quality culture in pioneer many things were figured out which were in favour of pioneer success. They are: Employees started paying more attention to their work Get connected with new clients and new projects Lower accidents (reduced by 40%) Produced quality results within the given time. Maintained good health Absence of employees in pioneer was below 4 % Profits were up by 10 % Employees started logging in and logging out at time. Conclusion: In this assignment I have tried to identify the personal skills required of managers to achieve strategic ambitions of my organization. Though personal development as a strategic manager and constructing and implementing personal development plan at pioneer is an important activity which supported the strategic ambitions, yet in the wake of global economic, demographic, and technological changes there is a dire need to inculcate some strategic changes in some of the above discussed areas that form the basis of personal development planning for the strategic managers. Feedback: Pass. A very good assignment. Well done.