Wednesday, August 26, 2020
What Are the Characteristics of a Good Manager Essay Example
What Are the Characteristics of a Good Manager? Exposition What are the qualities of a decent supervisor? Via Carolien Toor Introduction Over the years I have worked in numerous different organizations; huge just as little, from distressing to tranquil conditions and during great occasions just as terrible occasions. What I realized, through my experience from the different firms I worked for was the job the administrator had in the working environment and how it influenced me as a representative. At the point when set this undertaking I began to reflect how my past chiefs acted and how they got me spurred. A few supervisors succeeded and remained concentrated much under troublesome conditions, while others made the working environment a troublesome and befuddling condition to work in. For what reason showed improvement over others when it came to inspiration, arranging and being a decent chief significantly under terrible occasions? What qualities had the fruitful directors, which the others ones needed? This is the thing that I found while figuring out what are the attributes of a decent administrator. Qualities creates from the company’s setting What makes a successful and great director? As indicated by Cheryl L. Harris, â€Å"understanding the setting of the association is amazingly indispensable to deciding the attributes of a fruitful manager†1 (pg 1) and that ought to relate to what sort of qualities an administrator should need to compose and create objectives and procedures for the organization. I concur that Harris have a point that before picking an administrator we should consider the presence of the organization and parts of the executives styles. We will compose a custom paper test on What Are the Characteristics of a Good Manager? explicitly for you for just $16.38 $13.9/page Request now We will compose a custom paper test on What Are the Characteristics of a Good Manager? explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom paper test on What Are the Characteristics of a Good Manager? explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer Envision if a supervisor, taking over Steve Jobs job as CEO of Apple, would present severe administration style, new dark suit clothing standard to the organization. He’s qualities would conceivable not fit to Apple’s ‘laid back’ culture. Likewise referenced by Buckingham and Coffman2 â€Å"an employee’s view of the physical condition is shaded by his relationship with his director and it is the manager’s errand to assemble the organization culture around the blueprint†(pg 4). This end was drawn when examining, in an enormous review, mployee’s fulfillment, efficiency and benefit at work in reflection to their supervisor. Supervisors, who spoke with the representatives in completely clear language and gave acknowledgment for their work, were chiefs who had capacities to hold gifted representatives and manufactured a solid working environment. Kathryn Vercillo3 records self-inspiration number one of the most fundamental qualities, as a chief needs to comprehend the essential objectives of the business and build up own methodologies to accomplish these objectives. I consider that directors who can perceive their own qualities and shortcomings and advance and build up these just as thoughts and methodologies are supervisors who are truly solid to create associates and extend the business, since they see each chance to develop and learn. Emergencies when solid attributes shows up and chiefs gets put under a magnifying glass â€Å"In an emergency it’s far simpler for the organization to rise flawless if the CEO ensures that all the workers know there is an emergency, what the administration is doing about it, and what everybody must do to help. Louis V. Gerstner previous CEO of IBM about clear and fair correspondence. (Who says elephants can’t move, 2002, pg 285) There is a colloquialism that when a man faces an emergency his actual character develops. The effect of pressure and vulnerability can make us act and think unique in relation to we typically do. Ought not then the most noteworthy highlights of what causes a decent direct or to be generally clear and have the most significance on the best way to adapt and deal with an emergency? In the book Who says elephants can’t dance4 composed by Louis V. Gerstner (2002), previous CEO of the worldwide IT administration and item organization IBM, discloses to us the story how he figure out how to spare IBM from conclusion and make one of the most exceptional pivot in business history. In 1993 IBM was a specialized item organization, selling PCs however lost their relationship with client, since the market stayed with changing and the didn't respond. So when there is an emergency, it’s the manager’s occupation to advise the representatives that there is an emergency and convey how to end it with new techniques, new organization model and culture. Gerstner portrayed having that key attributes, for example, adaptable, amazing clients administration and relations, extraordinary initiative and relational abilities and comprehension in the company’s culture are crucial characteristics to move the organization snappy and quick in contrast with contenders, to persuade representatives and make a solid connection among clients and investors. Not exclusively did Gerstner underlined that the way of life has an essential influence to investigate how things complete in the organization, however being able to perceive what wasn't right with the way of life and figure out how to adjust another administration style and culture in the organization since 1970. As a fruitful supervisor, Gerstner oversaw turn IBM around (from having misfortunes over $8. 1 billion 1993, till a benefit of $ 7. 7 billion of every 2003) a debt of gratitude is in order for remarkable administration abilities and being enthusiastic about winning and push the partners not exclusively to win however reassuring change. What's more, I can just concur with Gerstner: â€Å"we love to work for champs and be a piece of winning†(pg 238). End Looking back at the chiefs I have gone over in my past employments, the attributes that great directors had that was profoundly valued by partners was having an administrator who could manage, propel, impart, serious, self-propelled and understanding the hierarchical setting. Louis V Gerstner had a portion of the world’s most smart staff, knowledgably in every aspect of their subject however without knowing the heading and vision of the organization; the representatives had no feeling of inspiration or vision on the best way to do their occupations. I trust one of the key capacity of a decent chief is being a cooperative person and when an organization faces tough situations in the business one must fill in as a group, communicating in a similar language and being obvious to your representatives. As a finish of what qualities causes a decent chief I to accept the working environment chooses what attributes a supervisor needs to have, and clients and the commercial center ought to choose what choices a trough should take and how to build up its business. List of sources Internet sources 1Cheryl L. Harris, Characteristics Of Effective Managers-Managerial Characteristics http://www. yramidodi. com/papers/administrators. pdf 2010-10-23 2Marcus Buckingham and Curt Coffman, First, Break All The Rules. What The World’s Greatest Managers Do Differently (Simon Schuster, May 1999) http://www. itcoaches. organization/pdf/First%20Break%20All%20The%20Rules. pdf 2010-10-22 3Kathryn Vercillo, 10 Good Traits And Characteristics Of A Successful Manager http://www. hubpages. com/center/10-Traits-of-a-Successful-Manager 2010-11-03 Books 4â€Å"Who says elephants can’t dance†Louis V Gerstner, HarperCollins Publisher, 2002
Saturday, August 22, 2020
Holland Enterprises Essay
Holland Enterprises Most as of late the firm Holland Enterprises has held a hr specialist to survey break down and change the present pay and advantage structure. We have seen since 2007 a 25% lessening in the workforce because of an absence of the advantages framework that is set up. My group is resolved to examine and conceivably change the recognition that Holland’s advantage framework is uncalled for and uncompetitive in the commercial center. We will find that associations exceed expectations and stay serious when they have predictable human asset rehearses that line up with the organizations hierarchical objectives. Expanding authoritative efficiency is critical to any association. â€Å"Managers realize that just paying representatives more won't bring about expanded yield and improved quality. They much of the time find that representatives who are overpaid or generously compensated comparative with others accomplishing equivalent work are once in a while less beneficial than their lower -paid companions or counterparts†¦Organizations understand that on the off chance that they are to be increasingly serious, they should change this â€Å"I’m owed it†attitude to a â€Å"I earned it†mindset. A significant open door accessible to associations to achieve this adjustment in disposition is to lessen the fixed piece of pay bundles and increment the variable part. The variable parts comprise of all short-and long haul motivating forces and grants. The sort and measure of motivating forces and grants must be connected straightforwardly to wanted representative practices, commitments, or results accomplished. These impetuses and grants involve a compensation for-execution program â€Å"(Henderson, 2006). At the end of the day Holland needs to have a framework set up that rewards workers reasonably while energizing them to give the absolute best client care to satisfy the need of the business. â€Å" Through the utilization of a reasonable and animating remuneration framework, Holland Enterprises can inspire their representatives to finish their relegated assignments at the measures expected and consequently the worker is repaid with a pay/pay, wage/pay additional items, motivating force installments and additionally different advantages and services†(Henderson, 2006). So as to advance positive change and make the remuneration technique reasonable for all the association must, â€Å"improve cost and quality seriousness and where data over-burden is an issue confronting all associations and their representatives, data in regards to work necessities, execution guidelines, and hierarchical acknowledgment and prizes programs must be promptly accessible, complete, and acknowledged. The remuneration framework, in this way, must have the option to transmit a message that is comprehended and acknowledged by all representatives that they are esteemed supporters of authoritative achievement and that the association is happy to share the incomes from its items in an evenhanded way with all members†(Henderson, 2006). So as to make some amicability and recharge the confidence of the individuals the organization has chosen to change the remuneration and the advantage structure to turn out to be progressively serious and turn out to be more in accordance with the organizations hierarchical viability and plan. The new arrangement ought to have a progressively serious edge, one that will persuade the workers and ought to be in accordance with the associations methodology. Authoritative pioneers, including those possessing the official suites and those accountable for HR and pay rehearses, must have the option to perceive and coordinate the drawn out key destinations of the association with its transient strategic prerequisites. A comprehension of how authoritative technique and its related strategies cooperate and become coordinated is getting progressively essential to administrators at all levels performing different hierarchical assignments. Pay takes on numerous structures in any association, this may incorporate the undeniable compensation/compensation, human services/protection other incidental advantages, for example, took care of time, incapacity, rewards and other money related payments. Pay might be balanced dependent on how hard the representative decides to function or what kind of way of life the worker has. â€Å"Proper and satisfactory execution of various types of occupations requires various types and measures of worker information and abilities, which differ essentially among people. Over the span of their lives, numerous people gain different sorts and levels of information that associations esteem. Furthermore, through instruction, experience, preparing, and normal inclination, a few people can show extraordinary and more noteworthy aptitudes than others. The value to the association of the separately procured and work required information and abilities is distinguished through employment paces of pay†(Henderson, 2006). So as to build another compensation structure and advantage framework we should initially take a gander at the five significant parts that will factor into our choices. These parts are pay and advantage theory, pay grades, proportion of base compensation to motivator pay, outside value and interior value and different sorts of advantages, for example, conceded remuneration, medical coverage get-away and wiped out leave. â€Å"There are various parts that should be tended to when building up your pay frameworks to guarantee they line up with your authoritative procedure and destinations. One key to recall is that your pay technique must assist with making the work culture you need. How you structure your frameworks and deal with the interior and outer value issues, will straightforwardly educate the way of life regarding your organization†¦Ã¢â‚¬ A remuneration reasoning is created to direct the plan and intricacy of your pay programs; this is finished by recognizing your object ives and destinations, thinking about your seriousness in pulling in and holding workers, your accentuation on inside as well as outside value, and whether execution is attached to increments. Understanding what balance you need to accomplish between direct pay and circuitous advantage is basic in building up your general complete pay approach. A reliable way of thinking gives a solid establishment to both the association and the worker. Without a way of thinking, pioneers frequently get themselves uncertain of what to offer as a beginning compensation for another worker. This can prompt contribution too high an absolute remuneration bundle for another representative according to existing workers, or being not able to effectively employ on the grounds that the all out pay offer is too low to even consider being competitive†(hrcouncil.com). Utilizing the five segments will permit Holland to stay serious inside the business. Pay grades are a reasonable method to help decide the measure of pay an individual will get. The general qualities of a compensation grade framework set out by the national government incorporate that there ought to be 15 compensation grades with 10 stages inside each evaluation; there ought to be a 25 to 30 percent expansion from least to the most extreme compensation inside each evaluation (Hende rson, 2006). â€Å"When an association is building up its compensation strategy, it must keep up outside intensity. At the end of the day, compensation should be sufficiently high to draw in, propel and hold ability; yet, compensation shouldn’t be high to such an extent that they drive work costs past those of rivals in the item advertise. Pay overviews help to decide the compensation paces of different positions†(erieri.com, 2013). â€Å"Each association must build up its own compensation approach line, which is a pattern line or line of best fit that best speaks to the center compensation estimation of occupations that have been assessed or arranged to have specific worth. A line of best fit creates a pattern line by limiting the whole of the squares of the vertical deviations around the line. A line of best fit can be a straight or bended line. In either case, it is one that best speaks to the center compensation estimation all things considered or the benchmark occupations used to set up a compensation approach line†(Henderson, 2006). The proportion of base compensation is distinguish the most minimal and most noteworthy pace of pay is a fundamental advance in building up a compensation approach line. After ID, the following stage is to establish†what the executives hopes to be the normal or focal propensity esteem paid to the most reduced appraised work and the normal compensation pace of the most noteworthy evaluated work. These most elevated and least normal qualities ought to be the midpoint of the compensation for those employments allocated this rate when a scope of pay is accessible for every class. At the point when just one pace of pay is alloted to an occupation or gathering of employments, ordinarily the normal or midpoint esteem is the single rate. The midpoint esteem is regularly the market or going rate†(Henderson, 2006). Interior value thinks about various occupations inside a solitary association as far as their â€Å"relative commitments to the organization’s targets, though outer value alludes to how a business positions its compensation comparative with what contenders are paying. Value audits are finished to guarantee that pay rates for positions are inside reliable and remain remotely competitive.External value surveys are justified if noteworthy disparities exist between a position’s compensation and winning pay rates positions in different organizations or establishments inside the equivalent geographic region. Challenges in enrollment and maintenance bolster the requirement for an outer value survey. Each exertion must be made to guarantee that value exists and the idea of equivalent compensation for equivalent work is embraced†(Henderson, 2006). Holland Enterprises need to comprehend that the expense of human capital is high when you are losing staff due to compensation issues and advantage issues. Furthermore, in conclusion representative advantages are a significant segment of the employee’s residency with the association. Most pay segments included inside worker benefits are made accessible through some kind of protection plan. â €Å"An significant gathering of advantage segments, be that as it may, is regularly noninsurance based and gives pay to the worker sometime not too far off. Representative advantages can be further c
Sunday, August 16, 2020
What Are the Top ADHD Resources
What Are the Top ADHD Resources ADHD Living With ADD/ADHD Print What Are the Top ADHD Resources? By Jacqueline Sinfield facebook twitter Jacqueline Sinfield is an ADHD coach, and the author of Untapped Brilliance, How to Reach Your Full Potential As An Adult With ADHD. Learn about our editorial policy Jacqueline Sinfield Medically reviewed by Medically reviewed by Steven Gans, MD on July 13, 2017 Steven Gans, MD is board-certified in psychiatry and is an active supervisor, teacher, and mentor at Massachusetts General Hospital. Learn about our Medical Review Board Steven Gans, MD Updated on June 24, 2019 ADHD Overview Symptoms Causes Diagnosis Treatment Living With In Children istockphoto One of the most successful ways to address ADHD is through education. By learning about the condition, something that becomes a lot easier when you tap into the wealth of ADHD resources available, you gain a greater understanding of how it affects you or your child. You also become more aware of what treatment options there are and may realize that you are not alone in your challenges. There are many types of resources for ADHD. Read on and explore everything from in-person support groups and conferences to websites and booksâ€"even resources you can turn to to learn more about the benefits you or your child are entitled to. National Support Organizations CHADDâ€"Children and Adults with ADHD CHADD (chadd.org) is the largest national support organization for ADHD. It provides education, advocacy, and support for children and adults living with ADHD and their families, as well as teachers and healthcare professionals. CHADD offers programs and services locally and nationally. Every year CHADD hosts a conference where speakers talk about ADHD and the latest research findings. The CHADD website has a resource directory where you can find ADHD professionals in your state. Examples of those listed are physicians, pediatricians, nurse practitioners, learning center professionals, psychologists, coaches, education specialists, and camp professionals. ADDAâ€"Attention Deficit Disorder Association ADDA (add.org) provides information and training resources for adults with ADHD, and promotes ADHD awareness. The organization also spearheads advocacy efforts (for example, advocating for ADHD treatment in correctional facilities). They also have virtual support groups. You can connect with other people living with ADHD, even if you live in a remote location. ADDA has a resource directory of professionals who specialize in ADHD, including coaches, bookkeepers, professional organizers, doctors, and psychiatrists. ADHD Awareness Month ADHD Awareness Month is held annually each October. It brings attention to a condition that is still misunderstood by many people. Each year has a theme. For example, ‘The Many Faces of ADHD’ highlighted that ADHD affects all ages, genders, and social and economic groups. The month also celebrates the positive aspects of ADHD. Many health groups and government agencies get involved. You can learn more at adhdawarenessmonth.org . Books There are many helpful books about ADHD. Some people with ADHD struggle to read a book cover to cover. However, these books can be dipped into as a reference. Most are available in an audio version, so they can be listened to rather than read, if that is preferable to you. Taking Charge of ADHD: The Complete, Authoritative Guide for Parents by Russell A. Barkley, PhDThis book gives a detailed account of what ADHD is, its symptoms, and how it is diagnosed. It provides practical advice about working with your childs school and parenting strategies. 1000 Best Tips for ADHD: Expert Answers and Bright Advice to Help You and Your Child by Susan Ashley, PhDThis concise and easy-to-read book offers parents helpful solutions to some common challenges of raising a child with ADHD. ADHD: What Everyone Needs to Knowby Stephen P. Hinshaw and Katherine EllisonIn this question and answer style book, the authors answer the most pressing questions people have about ADHD in children and adults. Read our review. Books for Children with ADHDCheck out this list of books written specifically for children with ADHD to help them understand more about their condition and its symptoms: 20 Books for Children With ADHD Natural Relief for Adult ADHD: Complementary Strategies for Increasing Focus, Attention, and Motivation With or Without Medicationby Stephanie Sarkis, PhDPeople are usually very curious about whether ADHD can be treated naturally. In this book, the author offers a comprehensive overview of the different options, all backed by the latest research. The Queen of Distraction: How Women with ADHD Can Conquer Chaos, Find Focus, and Get More Doneby Terry Matlen, MSWThis book addresses the problems women have with ADHD, including how hormones affect ADHD symptoms and the different stages of life. ADD and Your Money: A Guide to Personal Finance for Adults with Attention-Deficit Disorder by Stephanie Sarkis, PhDADHD symptoms can make organizing personal finances very challenging. This book gives practical ideas and solutions so you can pay your bills on time and plan for the future. Read our interview with the author. Fast Minds: How to Thrive if You Have ADHD (Or Think You Might)by Craig Surman, MD and Tim Bilkey, MDA practical guide to help you and your loved ones understand ADHD symptoms and develop strategies to put a stop to being chronically overwhelmed and underachieving. The ADHD Effect on Marriage: Understand and Rebuild Your Relationship in Six Stepsby Melissa OrlovADHD symptoms can cause non-ADHD partners to feel unhappy, angry, and lonely. This book addresses these patterns and offers six steps to rebuild a relationship. Read our interview with the author. The Mindfulness Prescription for Adult ADHDby Lidia Zylowska, MDMindfulness can help adults with ADHD improve focus and attention. In this book, Dr. Zylowska explains the benefits and how to practice mindfulness in your life. Read our interview with the author. Job Accommodations If ADHD symptoms are causing problems for you at your workplace, you might be eligible to have job accommodations. In the United States, there are two laws designed to provide workplace protection for employees who have disabilities: the Americans with Disabilities Act (ADA) and the Americans with Disabilities Act Amendments Act (ADAAA) of 2008. If you need help understanding how these apply to you and your place of work, the Job Accommodation Network (JAN) can help. This organization offers incredible, free services and is very approachable. Accommodations for Students With ADHD Federal law requires schools to provide equal education opportunities to students with disabilities. ADHD students are eligible for an individual accommodation plan under section 504. However, many parents have experienced problems getting these accommodations for their children. In July 2016, the U.S. Department of Education’s Office for Civil Rights issued a report for school districts with guidance on how to create and follow section 504 plans for students with ADHD. Get a better understanding of what your child is entitled to by reading the offices Know Your Rights: Students With ADHD guide (PDF). Summer Camps for Kids With ADHD There are camps designed and run especially for kids with ADHD. They cater to the unique challenges that children with ADHD face, like building self-esteem and making/keeping friends. At the same time, they ensure the children have a positive summer experience. ADHD Summer Camps: A list of 45 ADHD day and residential summer camps. Magazines About ADHD ADDitude: Strategies and Support for ADHD and LDThis lifestyle magazine devoted to living with ADHD is published quarterly and is available in print and digital versions. It covers a broad range of topics on ADHD and learning disabilities, and is for children and adults. Topics include parenting children with ADHD, issues at school, medication, and alternative therapies. Attention! MagazineThis magazine is designed to keep parents and adults living with ADHD up-to-date about ADHD issues. It is published six times a year by CHADD and is available to the organizations members in both print and digital versions. ADHD Documentary The documentary ADD and Loving It follows comedian Patrick McKenna as he is diagnosed with ADHD as an adult. It uncovers many of the myths about ADHD and is informative, yet fun. When it aired on PBS, many viewers recognized themselves in the description of the ADHD symptoms and, as a result, were diagnosed. Podcasts Podcasts are a great resource when you have ADHD. You can listen and learn about the latest ADHD research (even while performing another task, like housework). Here are five compelling ADHD podcasts: ADDitude ADHD Experts PodcastLeading experts in the ADHD world share their knowledge. Distraction with Dr. Ned HallowellThe Distraction podcast is hosted by Dr. Edward Hallowell, ADHD expert, author and psychiatrist. See in ADHDHosted by ADHD coach Jennie Friedman. ADHD reWired with Eric TiversHosted by coach and therapist Eric Tivers. Adult ADHD ADD podcastHosted by Bahman Sarram and ADHD coach Michael Joseph Ferguson. Websites and Blogs About ADHD Blogs There are many blogs about ADHD to choose from, and they can be a great source of information. Blogs often offer accounts of the blogger’s personal ADHD challenges. Some popular ADHD blogs include An ADD Woman, Impact ADHD, and Dr. Hallowells Blog. While blogs may or may not be written by credentialed experts (there are typically more cases of the latter), they can often offer real-life perspectives you may find helpful. Websites Reputable websites can further education you on ADHD, and you can start right here with Verywell. We have an extensive library of articles on core topics, like symptoms, how ADHD is diagnosed in children and adults, how it is treated, and more. We also write on many of the lesser-known aspects of ADHD, such as how to help your ADHD child when he or she feels bored, and how to plan your meals.
Sunday, May 24, 2020
A Visit to the Museum Report - 601 Words
The exhibit I visited was at the Museum of Fine Art in Boston, the exhibit was called The Art of the Americas Wing. The exhibit itself had various painting of famous figures and art pieces about the time period dated back from the American Colonies to modern day art pieces. I felt that all of the pieces in this exhibit were meaningful and there was a sense of history and pride in the way the exhibit was set up. Each piece of art were unique on its own and just standing near the piece for a short time and watching the different people walk by and look at it, the reactions were unanimous. In Watson and the Shark, when I first set eyes on the featured painting I thought it was something to do with Herman Melville’s characters, Moby Dick and Captain Ahab. Of course that is not the case. In the text next to the painting it explained the true meaning of the piece. Drawn by John Singleton Copley, the painting depicts the story of a London Merchant Brook Watsons trauma at age fourteen of being a victim of a shark attack off Havana, Cuba, an experience that cost the former cabin boy his leg. Copley portrays the third rescue attempt by nearby sailors, glorifying it as a story of salvation and spiritual rebirth. It is unclear whether if Copley referencing both Christ’s Resurrection as well as the renewal of the British Empire in the aftermath of the American Revolution, in the visual image of Watson emerging from the watery depths. With the underlying message of the spiritualShow MoreRelatedRomanian Government1638 Words  | 7 PagesIntroduction This report targets the Romanian Government and it examines the positive and negative aspects of the free admission to museums policy which is considered to be implemented in this country. The main focus of this report is on how an increase in the demand for museum tickets will boost the economy of Romania, by allowing people to visit museums for free. Throughout the report, other examples of other countries such as the United Kingdom and Sweden will be used in order to explain how freeRead MoreHum 111 Week 10 Assignment 3 Strayer1430 Words  | 6 Pages10 ASSIGNMENT 3 STRAYER To purchase this visit following link: https://coursehomework.com/product/hum-111-week-10-assignment-3-strayer/ Contact us at: HELP@COURSEHOMEWORK.COM HUM 111 WEEK 10 ASSIGNMENT 3 STRAYER Due Week 10 (03/14/2016) and worth 100 points As a way of experiencing the Humanities beyond your classroom, computer, and textbook, you are asked to do a certain type of â€Å"cultural activity†that fits well with our course and then report on your experience. Your instructor will requireRead MoreThe Discovery Of The Indian Caribbean Museum Of Trinidad And Tobago1283 Words  | 6 PagesIntroduction On Saturday 14th January 2017, I visited the Indian Caribbean Museum. The museum is situated at #10 Swami Avenue, Don Miguel, San Juan, Trinidad and Tobago. It is located nearby the temple in the sea at Waterloo. It is also stationed directly opposite the Waterloo Hindu Temple. The museum is a small flat building which consists of ancient artifacts. The museum s large collection has been acquired through field trips by managers of the institution. The collection of artifacts comprisesRead MoreCultural Event Report Essay704 Words  | 3 PagesAssignment 3: Cultural Event Report Smithsonian National Museum of American History HUM 111 Summer 2011 September 6, 2011 Professor Dr. Darryl Claybon Strayer University, Online-Campus Introduction This assignment will detail my visit to one of my favorite museums in Washington, D.C., the Smithsonian’s American History Museum. I have attended the museum several times in my life time and it never gets old. My recent visit I found that the museum is being renovated; theyRead MoreDevelopment of a Home Messaging and Communication System991 Words  | 4 PagesCMT2326 Coursework 5 Extended Research and Design Project The submission deadlines for this coursework are: Group Progress Review Presentation - Lab class in week 20 Individual Final Report – End of week 23 This is group coursework. Groups should have between 3 to 5 people. Do only one of the assignments described below. 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Paul Getty Museum at the Getty Center in Los Angeles, California on Thursday, December 11, 2014. I had originally planned to visit the National Museum of Art and History in Washington D.C., but I found myself in Los Angeles due to the birth of my Grandson. I attended the museum by myself. The Getty Museum was originally started in 1954Read MoreArt 1011313 Words  | 6 Pagestechniques of art processes and learn to recognize the historical styles and changing tastes of the public and the art market. To evaluate the student outcomes, standards of achievement will be measured by exams, practice tests, class participation, museum reports and research papers. This will identify how successfully each student processes the visual images and the meanings that they contain. Specific areas of student development will be: 1. Communication. 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Museums, as stated by Brown and Davis-Brown (1998, p. 19), â€Å"help to preser ve a collective national memory and thence to constitute a collective national identity†. The way of displaying war photos and different exhibits may have functions of raising national identity and present multiculturalism to audience. This essay will be discussed about how nationalization and multiculturalism presents
Wednesday, May 13, 2020
Essay on Apartheid in South Africa - 1292 Words
Blacks shared the pain of Apartheid in one of the darkest periods in history. Blacks were horribly oppressed by tyrants who obliterated their happy, healthy lives for nothing more then their own interests. Many Laws were passed that restricted blacks from the freedoms that all people should rightfully obtain from birth. White South Africans took the black population by the throat, making it hard for blacks to live as happy people. Black South Africans were held in a form of imprisonment and could do little to fight back, causing Apartheid to be one of the darkest periods in black history. Apartheid was introduced as a part of the National Party’s campaign in the 1948 elections. With the National Party victory, Apartheid became a national†¦show more content†¦In the 1950’s some changes occurred. The migrant labor act was abolished because the government did not feel the need to segregate the cities as much as they did in the past. So initially blacks were stuck on rural reserves most of the time and were being treated worse and worse. This was called the Bantu authorities act, established 1951. On a good note, there were people on the Black African’s side from the beginning. Prime Minister Smuts wrote, quot;The idea that natives must all be removed and confined in their kraals is in my opinion, the greatest nonsense I have ever heard.quot; (Smuts 1) Steven Biko wrote, â€Å" The government of our nation is full of tyranny†(Biko 1) Despite all the fighting back, apartheid was a loosing battle for blacks in South Africa until the lat e 1900’s. Apartheid took off in 1948 when the national party won the election. It was all downhill from there for the blacks. In 1950 the population registration act was passed. This act classified people as either white, black, or Bantu. The apartheid fooled other countries into believing it was a lifting in a state of emergency. In 1951 many whites did not like the black people so a commission was formed to set and regulate segregation laws. In 1952, Nelson Mandela and Tambo opened the first black legal firm. This was a small step for the blacks at the time. In 1953 the public safety act and criminal law amendment were passed which allowed the government to enforceShow MoreRelatedThe Apartheid Of South Africa1174 Words  | 5 PagesSome periods in human history are simply shameful. The period of apartheid policy in South Africa was one of these times. Apartheid featured a rebirth of racist legislature in South Africa from the 1950s to the 1990s. Essentially, these laws treated people w ho were not white as completely separate from society; the term apartheid literally means â€Å"apartness.†The national legislature in South Africa wanted to suppress blacks and ensure a white supremacy in the government. Basically, politicalRead MoreSouth Africa Apartheid And Oppression1695 Words  | 7 Pages South Africa Apartheid (oppression) Oppression is at the root of many of the most serious, enduring conflicts in the world today. Racial and religious conflicts; conflicts between dictatorial governments and their citizens; the battle between the sexes; conflicts between management and labor; and conflicts between heterosexuals and homosexuals all stem, in whole or in part, to oppression. It’s similar to an article in south africa that people have with racial segregationRead MoreApartheid and The Future of South Africa in Cry, The Beloved Country1044 Words  | 5 Pagesall characters from Alan Paton’s book, Cry, The Beloved Country, are used to share Paton’s points of view on the future of South Africa and the apartheid. Paton uses these characters to represent specific views; Arthur expresses clearly that the apartheid isn’t the right way to progress as a country, Napoleon exemplifies how Paton thinks people should take the anti-apartheid effort, and Msimangu explicitly expresses Patonâ €™s ideas of an ideal leader. Arthur Jarvis was the son of James Jarvis, anRead MoreEssay on South Africa Under Apartheid: A Totalitarian State1356 Words  | 6 PagesDuring the Apartheid Era, there emerged from South Africa cases of gross human rights abuse, racism, police brutality and general mistreatment of the non-white population. Excluding the fact that South Africa was never ruled by a dictator, it can be argued that some of these features were totalitarian and that South Africa was, to a certain extent, a totalitarian state under Apartheid. This discussion will analyse the totalitarian features that were apparent during Apartheid, and will be structuredRead MoreTo What Extent Did The Collapse Of Apartheid South Africa ( 1991 ) Really Bring About Change For The Bantu Population1458 Words  | 6 PagesTo what extent did the collapse of Apartheid in South Africa (1991) really bring about change for the Bantu population? The collapse of Apartheid in South Africa (1991) brought only a small amount of change for the Bantu population. South still faces racism in society, due to the continual domination by the â€Å"white†population with race interaction limited to the false â€Å"rainbow†television campaigns and promotional Africa strategies. At the close of Apartheid, a number of false statements were usedRead MoreHow and why did the apartheid system come into existence in South Africa and how was its existence maintained and enforced for so long?1593 Words  | 7 PagesThe term apartheid was one of the most politically charged words in the second half of the 20th century, and still remains notorious today. Apartheid translated from Afrikaans means separateness or apartness. However when the National Party came to power in South Africa in 1948, it took on a much more sinister meaning and today is associated with racial and ethnic discrimination. The roots of apartheid stem deep into South African history. It started way back during European settlement, andRead MoreApartheid in South Africa1118 Words  | 5 PagesApartheid In South Africa APARTHEID Apartheid is the political policy of racial segregation. In Afrikaans, it means apartness, and it was pioneered in 1948 by the South African National Party when it came to power. Not only did apartheid separate whites from non-whites, it also segregated the Blacks (Africans) from the Coloureds (Indians, Asians). All things such as jobs, schools, railway stations, beaches, park benches, public toilets and even parliament. Apartheid alsoRead MoreThe Apartheid Of South Africa1159 Words  | 5 PagesDuring the year of 1948, the lives of south Africans changed forever. The National Party, which was an all-white government, gained power and created hell for non-white citizens, their goal was to have white people continue to dominate the country and to keep each race separated from each other; even though at the time whites were only 20% of the population. The apartheid, which literally means â€Å"apartness†lasted until 1991, and during this time many acts were passed. One being that â€Å"non-white AfricansRead MoreThe Apartheid Of South Africa Essay1742 Words  | 7 PagesNelson Mandela and protesters during South Africa s journey away from apartheid. It’s a curious ponder, in fact, that America’s and South Africa’s ascents from racial discrimination were possibly involved with each other. However, while the world may be convinced the nation is out of racist dep ths, evidence displays the rise from discrimination in South Africa is undeniably incomplete. There is a dangerous and unresolved influence of apartheid in South Africa today. After World War 2 was won byRead MoreThe Apartheid Of South Africa1333 Words  | 6 Pageshistory of South Africa all we could see is racial discrimination. Africa was all in control of Whites till 1994. South Africa got free from racial discrimination when Nelson Mandela took a step became the first black prime minister of South Africa. Contemporary South Africa is now economically strong and it is completely a racial free state. The contemporary South Africa is now in race with every state in every field. Before 1994 South Africa was completely under control of Apartheid. WHO IS APARTHEID
Wednesday, May 6, 2020
Rose for Emily Free Essays
Aleksandra Filipovski English 1102 Dr. William Belford January 23, 2012 Compare and contrast Faulkner’s characterizations of Abner Snopes in â€Å"Barn Burning†and Miss Emily in â€Å"A Rose for Emily†. How does Faulkner generate sympathy in the reader for each character even though both characters are guilty of terrible crimes? Toward which character are you more sympathetic? Explain why. We will write a custom essay sample on Rose for Emily or any similar topic only for you Order Now Two characters are worth to compare in Faulkner’s fictions Miss Emily in â€Å"A Rose for Emily†, and Abner Snopes in â€Å"Barn Burning†. Emily Grierson is an important figure in the town. She is not having any social life there, mostly quiet lady, but still a big element of the town’s life. On the contrary, Abner Snopes is a loud person that most people tend to avoid. They are completely opposite but surprisingly they have similarities in their personalities. First of all, the two characters have different backgrounds. Miss Emily is from a wealthy family, lives in a huge beautiful house, rebuilt after the Civil War. Her house is in the middle of Jefferson, at least it was when it was built. The nicest, richest area. The main character in Faulkner’s fiction is Emily Grierson. Miss Emily will always be defined by her bizarre habits. Since we can’t follow her to the house we don’t know much. Tobe is a regular town man who helps and works for Miss Emily. Different generations and different characters treat her differently. They think about her more as an idol than a freak lady. But Emily is just a human, who lost her dad and her loved husband too. Their color of hair, which is grey, defines what age are they in. They are older people, and stubborn. They don’t like changes. The color of Tobe’s skin shows us his available options in the town and in that period the black people were the servant and the slaves, and the white represented the wealthy families. His skin isolates him from the rest of the people. Tobe is just a servant who serves Miss Emily. He is going to the grocery store every day, and coming back with a full basket. We never see inside the house, so we can’t really tell how the life is in the building. Miss Emily never goes out from her home. The only time someone saw her was on the second floor out of the window for a second. Emily was a mistery for everyone in the town. There is something about Emily and her physical appearance. She is described as an angel by the narrator after her father’s death. And she is also described twice as an idol in the fiction. This confuses us because we have a picture in our heads that she is a crazy and an insane person. She killed someone how she can be named or compared with an idol. How to cite Rose for Emily, Papers
Monday, May 4, 2020
Article Review on International Trade
Question: Write about theArticle Review on International Trade. Answer: Introduction The article presents an econometric analysis of trade patterns of Korea and how various factors affect complementarily of Korea and her business partners (Sohn, 2001). The reason for choosing this article to review it is because it takes an empirical analysis of trade patterns using the gravity model. The article is also relevant because not only does it present an empirical analysis of Korea but also suggests possible ways through which the country can expand international trade. Furthermore, the article takes into account geographical factors such as adjacency, population, and distance which play a major role in gravity model analysis (Sohn, 2001). These factors have been disregarded by most economists and theorists yet they have a great impact on the eligibility of the gravity model in the analysis. Research Question The research seeks to understand the suitability of Koreas trade patterns to the regional trade agreements and how the countrys trade patterns conform to gravity model. The paper analyses Koreas trade patterns using the gravity model and determines how Korea's bilateral trade structures support trade flows of the country. The article also provides foundations upon which gravity model is founded and how several economists have provided an econometric analysis using the same model. The gravity model is theoretically supported by two competing international trade models. The two models that support gravity model are Heckscher-Ohlin Model and Differentiated Product Model (Van Brakman, 2010). The article tries to identify the relationship between the GDP of a country and bilateral trade flows. Gravity equation corresponds with differentiated products model, and therefore gravity model can, therefore, be applied to trade flows. In section three, the paper estimates the effect of distance, GDP, and GDP per capita using gravity model and how they are related to Korean trade flows. Lastly, the article analyzes two significant policy implications when compar ing predicted and actual bilateral trade flows. Critical analysis of the article reveals that the author did a thorough research and supported his arguments with data from different sources. Part 2 Economic Theory Gravity model was originally based on Newton's Physical theory. The gravity model is applied in international trade with an aim to explain trade patterns and bilateral trade flows between two economies (Van et al. 2010). Each of the economies is regarded as an organic body that can attract another economy proportionally with the economic size and inverse to the distance between the economies. Gravity model can be simplified in the following form. Tij = A ( YiYj /Dij) Tij=bilateral trade flows (imports and exports) Yi=Gross Domestic Product of country i Yj=Gross Domestic Product of country j Dij=Distance between two countries j and i A=Constant of proportionality A part from the basic variables defined above, gravity model, can also incorporate other variables such economic integration, population and adjacency as a representation of cultural and geographical factors (Kennedy, 2014). Gravity model was first used in international trade by Poynohen and Tinbergen in the 1960s where they used gravity equations to conduct an econometric analysis presenting empirical evidence but did not provide any theoretical justification. Econometric analyses carried out by various economists reveal that both Heckscher-Ohlin model and product differentiation model can both serve to explain gravity model (Chakraborty Mukherjee, 2016). Data Description The article was a cross-sectional analysis of Korea about bilateral trade flows of the country under study and its trade partners. Data on Sectoral exports and imports and the total trade flows was taken from GTAP statistics of 1995, and the samples were composed of 30 trade partners of Korea (Sohn, 2001). Statistics from other sources tend to be unreliable because the information provided is not publicly available. 1995 was chosen as the base year because data of 1995 is a reflection of general trade performance of Korea (Kennedy, 2014). Information about the population and GDP was obtained from National Accounts of Korea that had been published by International Financial Statistics branch of IMF and the Bank of Korea (Sohn, 2001). Econometric Analysis Gravity equation for regression analysis, in this case, took the form: Ln Tij= + 1Ln [YI Yj] + 2 Ln [(Y/P)i(Y/P)j]+3LnDij+ij Where; Tij=are the imports and exports between Korea (i) and other trading partners (j) YI Yj=product of GDPs of country j and that one of Korea (Y/P)i(Y/P)j=Product of per capita GDP for the two countries Dij=Distance between Koreas trading partners and Korea. The R-squared value for the model is around 0.786 which implies that gravity model was high efficient in explanation of bilateral trade flows of Korea (Sohn, 2001). The coefficient on the GDP variable is statistically significant and was estimated to be around 0.728 (Sohn, 2001). Empirical Findings Since the coefficient of GDP variable is 0.728, it means holding other factors a 1 percent point increase in GDP results to 0. 728 percent increase in Koreas bilateral trade flows (Sohn, 2001). Part 3 Conclusion Due to the importance of International trade in Korea, the article presented an empirical analysis of Korea's trade patterns using the Gravity model. The paper also sought to establish the determinant factors of bilateral trade flows in Korea and how the country can expand the same. From the results, it was deduced that bilateral trade flows in Korea is directly proportional to trading partner's GDP and inversely proportional to the distance involved. The results is an implication that Korea depends on GDP pattern rather than per capita GDP (Chakraborty et al. 2016). References Chakraborty, D., Mukherjee, J. (Eds.). (2016). Trade, Investment and Economic Development in Asia: Empirical and Policy Issues. Routledge. Kennedy, M. M. J. (2014). International economics. Place of publication not identified: Prentice-Hall Of India. Sohn, C. H. (2001). A gravity model analysis of Korea's trade patterns and the effects of a regional trading arrangement. Korea Institute for International Economic Policy Working Paper Series, 2001, 09. Van Bergeijk, P. A., Brakman, S. (Eds.). (2010). The gravity model in international trade: Advances and applications. Cambridge University Press.
Sunday, March 29, 2020
The power of imagery Essay Example For Students
The power of imagery Essay The wind, waves, and sounds heard along the beach, the physical aspects of the setting, represent the emotional battle of people losing their faith. The poets description of a land of dreams having, neither joy, nor love, nor light, nor certitude, nor peace, nor help for pain- (Arnold, 1138) reflects the emptiness after one looses his faith. In Dylan Thomas Do Not Go Gentle Into That Good Night the usage of words and metaphors give away the poems underlying theme of darkness and death. One of the images Thomas uses is that of the wise old man. We will write a custom essay on The power of imagery specifically for you for only $16.38 $13.9/page Order now Though wise men at their end know dark is right,/ Because their words forked no lighting they/ Do not go gentle into that good night (Thomas, 1156). This passage speaks of wise men that fail. The archetypal definition of the wise man is one who possesses the qualities of insight, wisdom, cleverness, a spiritual principle. But aside from the fact that these men are wise, their words still mean nothing. This passage gives the reader an unmistakable image of darkness in the lives of even those who are wise. A second image that portrays this theme is the fourth stanza of the poem. Wild men who caught and sang the sun in flight, / And learn, too late, they grieved it on its way,/ Do not go gentle into that good night (Thomas, 1156). Here the image of the sun represents the passing of life. And the men, who were too late in catching the sun and grieved it on its way, are giving us the image that the sun is setting. It could also be interpreted as the sun for that day is dying. Here again we have a passage that is giving us a clear image of darkness and also, Thomas referring to death. The strongest image of darkness and death is shown in the last stanza of the poem. The final stanza combines the last lines from the odd and even-numbered stanzas for an additional line to strengthen the speakers thoughts. This portrays the ongoing war between life and death. The old man went back and forth between life and death as the stanzas last lines switched back and forth. In the end, the two last lines join together as the old man and his son accept that death is a part of life. Do not go gentle into that good night. / Rage, rage against the dying of the light (Thomas, 1156). The death of the light here shows us blackness: the ultimate darkness. In Sylvia Plaths Mirror, the poet uses personification to have the mirror describe its relationship with the woman, her obsession with her looks, and her fear of aging. The mirror gains a personality in the two stanzas of the poem. It is portrayed as a four-cornered little god. The God sees all, so the mirror, as a little god, sees all of our flaws. Her choice of words brings a lot of different pictures into mind. Through the use of word, such as silver and exact the mirror appears to be square and harsh rather than oval and loving. The reader learns that the mirror in hanged on the wall and is pink, with speckles (Plath, 524), which brings the image of a wall in the bathroom. In the second stanza a women bends over the (Plath, 524). Here, the image of the water in the sink under the bathrooms mirror comes to mind and the liars, candles or the moon (Plath, 524) actually seems to be the soft lighting that is found in most bathrooms. .u5816e36ce2bbd194a71451301f2639ef , .u5816e36ce2bbd194a71451301f2639ef .postImageUrl , .u5816e36ce2bbd194a71451301f2639ef .centered-text-area { min-height: 80px; position: relative; } .u5816e36ce2bbd194a71451301f2639ef , .u5816e36ce2bbd194a71451301f2639ef:hover , .u5816e36ce2bbd194a71451301f2639ef:visited , .u5816e36ce2bbd194a71451301f2639ef:active { border:0!important; } .u5816e36ce2bbd194a71451301f2639ef .clearfix:after { content: ""; display: table; clear: both; } .u5816e36ce2bbd194a71451301f2639ef { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u5816e36ce2bbd194a71451301f2639ef:active , .u5816e36ce2bbd194a71451301f2639ef:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u5816e36ce2bbd194a71451301f2639ef .centered-text-area { width: 100%; position: relative ; } .u5816e36ce2bbd194a71451301f2639ef .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u5816e36ce2bbd194a71451301f2639ef .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u5816e36ce2bbd194a71451301f2639ef .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u5816e36ce2bbd194a71451301f2639ef:hover .ctaButton { background-color: #34495E!important; } .u5816e36ce2bbd194a71451301f2639ef .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u5816e36ce2bbd194a71451301f2639ef .u5816e36ce2bbd194a71451301f2639ef-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u5816e36ce2bbd194a71451301f2639ef:after { content: ""; display: block; clear: both; } READ: Examine the relationship between literary innovation EssayThrough the line Drowned a young girl, and in me an old woman (Plath, 524) the poet depicts the passing of time, a women coming into full maturity. It seems as if the young woman has been slowly swallowed up by the mirror throughout the years. It also shows that the women did not have any choice over it; she has become a slave to the mirror, as she becomes increasingly restless at the way in which it reflects her gradual aging. The last line of the second stanza compares the women to a terrible fish (Plath, 524). The terrible fish seems to be the women trying to wash away her age, by washing the face in a sink filled with water. When she brings the face back up from in the water she sees herself in the mirror. She is still old and now she is wet and water is dripping from her face. Her face looks now like a wrinkled fish out of water. The picture of a terrible fish definitely enhances the understanding of poets emotions. It becomes obvious that the poet is simply disquasted with her appearance. The usage of images in poetry is very powerful and intriguing. Poets choose the images that best suit the picture that they want to portray. However, they do not have the power of controlling the readers interpretation of their work. Everybody might have different association with a specific image and this is what makes poetry so wonderful. Arnold expresses his feeling through the usage of sight and hearing; Dylan Thomas chose various types of metaphors to present his rage against death, while Sylvia Plath expressed her emotions through the personification. Through the use of images, all three poets uttered what they desired very well. Without imagery their work would not be as effective. The pictures that the reader is presented with make the poetry very visual and sensual. All this enhances the readers understanding of the poems and definitely makes it more pleasurable as well. Works Cited Page Arnold, Matthew. Do not go Gently into that Good Night. Exploring Literature (2004) Plath, Sylvia. Mirror. Exploring Literature (2004) Thomas, Dylan. Dover Beach. Exploring Literature (2004)
Saturday, March 7, 2020
buy custom Modern Technological Inventions essay
buy custom Modern Technological Inventions essay The past few decades has seen great advancement in technology. New technology has totally changed the way people interact with each other. Modern technological inventions have allowed people to communicate with each other more efficiently and access information at almost real time. Earlier communication technologies such as the use of telegraph and posting letters among others have been slowly faced out by other emergent and innovative technologies (Coope, Mather and Bannister, 2004, p 11). New technology is now based on the concept of convergence. This refers to the interconnection of computing devices and networks as well as ability to carry different communication technologies on a single platform called internet protocol (IP) (Coope, Mather and Bannister, 2004, p 11). It has affected the world of computing, mobile communication and the internet services thereby creating high impact on the peoples social and economic lives. Before convergence came into being, all these communicati on technologies were carried out separately (Coope, Mather and Bannister, 2004, p 11). However, their integration on an IP platform has provided a synergized effort towards realizing the impact of telecommunication technologies. This paper will center on how the new technology has helped to shape peoples lifestyles in the way they communicate and access information. Internet evolution has become an inseparable assistant to people in their day to day activities. Currently, internet is a trusted source of information to people no matter their location in the world provided they have access to it. With the help of the internet, news papers, periodicals, television and radio among other methods of communication can be accessed online (Noll, 2001, p 135). This implies that a person can read an article from a newspaper at any time, as well as listen to his favorite radio program at their convenience provided they have access to internet (Billings, 2008, para. 31). Furthermore, new and converged technology has allowed people to watch their favorite television programs online even when travelling and not necessarily while at home alone. Traditional communication technologies were designed for circuit switched services where the electromagnetic spectrum was inefficiently used. Furthermore, their use involved rates that were founded on per minute billing systems. Nevertheless, the new and innovative converged technologies are founded on the IP protocol and therefore, they require new interconnection formats so that anyone who wants to use the service can interconnect irrespective of the type of network they are using (Coope, Mather and Bannister, 2004, p 171). Most of the time, pricing in this new format, is pegged on the capacity of the infrastructure that a person uses rather than the time he uses the service. Great trends have been made to integrate all communication devices ranging from hand held gadgets to computers and the internet, thereby making the world a global village. Use of electronic mail and instant messaging service has facilitated communication at almost real time by people from any part of the world. Other different types of messages are used such as short messaging service, voice mail, and multimedia message service (Noll, 2001, p 135). Use of short messagig service (SMS) has mainly helped businesses in the way they communicate to their customers and employees (Taylor, Palen and Harper, 2005, p 77). Infinite amount of information is sent across the world at any given time. Such high volumes of information require a large infrustructural capacity to carry it from the sender to the recipient. Consequently, this is facilitated by the use of fiber optic technology which has a very high bandwidth to accommodate all the information being exchanged. The importance of new and innovative techonlogies cannot be over emphasized. It has transformed the way people interact with each other and carry on their day to day activities. For instance, within the education arena, new technology has allowed students to access their learning materials online. There are thousands of libraries in the internet that are helpful to students who want to pursue their careers. In the past, a student had to be sitted in a library so as to access books, journals and other learning materials. However, with the advent of internet, books, journals and other helpful learning resources are accessed from the internet thereby simplifying the hussles experienced in the learning process (Casati and Shneyderman, 2008, p 176). Someone does not have to be in the physical location of the library but he can access the same services from any part of the world provided he has the required resources such as a computer and internet connection. Additionally, registration of students, accessing and submission of exams is done online. This helps to improve on efficiency by minimizing the time wasted while carrying out these processes manually. While focussing on the business environment, new technology has helped to cut costs tremendously. For instance, use of videoconferencing has greatly reduced the expenses incurred by organizations in facilitating travelling of managers and other mojor stakeholders from one place to another to conduct and attend business meetings (Coope, Mather and Bannister, 2004, p 169). This is a common practice among governement authorities and running of multinationals that have branches in different countries. It is also worth mentioning that currently, people have turned to online purchasing as they find it more convenient than conventional modes. It saves time since even shipment services come along the purchase. Additionally, another benefit experienced as a result of new and innovative technologies is the use of telemedicine. Health professionals can diagnose a certain disease and prescribe medicine for patients who are many miles away through telemedicine. This is facilitated by use of internet and other innovative modrn technologies. Therefore, this helps to remove physical barriers as far as provision of health services is concerned. As a matter of fact, most of the government oprations are run throughthe facilitation of technological innovations. In most countries, access to basic services from the government and other government agencies is done online. For instance, accessing police abstracts, and summons to the court in some countries is done through the internet. Students who want to access student loan services for their education get it online. This helps to reduce long queues in the government offices and long waitting hours before processing of the services is done (Casati and Shneyderman, 2008, p 176). Before the invention of wireless networks technologies, people were limited to cabled networking methods which reduced their mobility. However, development of gadgets that support wireless communication protocols as well as presence of the wireless infrastructure has been very beneficial. Most of the major towns have hot spots which serve as access points to the internet for computing devices that support wireless network services. Greater emphasis is now given to mobility in the interconnectivity of computing devices. Therefore, the improvements in mobile communications focus on provision of flawless services for all types of communication technologies irrespective of the type of device. For instance, the use of Wireless local area network (WLAN) facilitates interconnectivity among computing devices such laptops, routers and smart phones among others. Furthermore, third and fourth generation mobile technologies have allowed people to access mobile broadband for data services. Third and fourth generation mobile technologies allow global roaming services for voice and data (Coope, Mather and Bannister, 2004, p 268). These concepts are among other emergent mobile technologies that will be accomplished through employment of IP-based networks that support portability and interoperability between different networks (Casati and Shneyderman, 2008, p 2). One of these innovations includes the use of WIMAX which stands f or, Worldwide Interoperability for Microwave Access. WIMAX is viewed as the last solution to mobile broadband service. It has the potential to provide internet access to a relatively longer distance of about 30 mile radius. Most of the major cities in the world have WIMAX services and the therefore, this means that most of the people can enjoy the benefits of the technological innovation. Third and fourth generation mobile technologies incorporates wireless internet access through mobile third generation networks, satellite and global roaming services (Coope, Mather and Bannister, 2004, p 268). However, they do not offer better roaming services like its predecessor WIMAX. Conclusion Drastic advances made in mobile technology have made the demand for data services through hand-held gadgets to increase tremendously. This implies that services that could only be accessed through a workstation computer can now be accessed through mobile devices. In addition, this has been facilitated by expansion of broadband services which has increased the interconnectivity to wireless internet access. People can now upload and download large volumes of data inform of video and other formats more easily. Standardization of these technologies by the International Telecommunication Union (ITU), allows people to easily access the internet through their wireless enabled computing devices (Coope, Mather and Bannister, 2004, p 180). Currently, most of the major social venues such hotels, booking offices for buses and trains, waiting bays in airports, hotels among others, are hot spots for internet access. Therefore, introduction of better technologies will continue to shape the way peop le interact, and result to efficiency in the entire communication process. Buy custom Modern Technological Inventions essay
Wednesday, February 19, 2020
To what extent are human bodies products of culture Discuss In Essay
To what extent are human bodies products of culture Discuss In relation to Susan Benson and Anne Balsamo theories and give 2 ex - Essay Example 123); at the same time, it served as an instrument to the expression of one’s culture, beliefs and practices (e.g., tattoos, body piercings, etc.) (Shilling, 2002, p. 68). Nevertheless, cultural influences on the beliefs of the society pose questions about the abilities of the body to satisfy human craving for perfection. The physical limitations of the body, especially in the context of gender, are causes of these commotions. At the spring of technology, the frustrations that bred from these limitations made humans create cybernetic organisms or the cyborgs, concede to cosmetic surgeries, and use equipments that could help correct the issues â€Å"concerning health, beauty and ageing†(Lewis, 2002, p. 294). Because of the increasing attention gained by the human body, several individuals and groups have formulated theories on the bases of these shifts. Theories on Human Body and the Culture As culture affect people’s beliefs and practices in almost all aspects o f living, its influence on human perception about their body has also been inevitable. This is plainly evident particularly in the Western civilizations. Consequently, the collection of research studies and related literature on the account of identity and differences as determined by the body itself, and how humans have proceeded to initiate changes and created new ways to modify the limitations of the natural body which promote control especially in the aspects of health, beauty and aging, have accumulated to unexpected degrees. Subsequently, theories by Foucault, and others, attempt to explain the relationships between the society’s views of the human body, its causes and effects, and the internal and external factors that play a role in the circumstances involved (e.g., human emotions and drives, language, among others) and the current trend of human ascendancy over it (Lewis, 2002, p. 295; Shilling, 2002, p. 65; Balsamo, 1999, p. 20). The presence of social standards and the pressure that it puts on the populace, as well as the submission of the society to these norms, propose that despite the intrinsic diversities that result from â€Å"the modernist ideology of individualism†(Lewis, 2002, p. 295), culture remains to be a crucial and major determinant of how the people view the body and its value. With this, and with the assistance of technology, the human race try to develop the body into the image which suits the idealists view of how the body should be by maintaining health (e.g., exercise and proper diet) and even undergoing cosmetic surgeries; existing in the absence of or surpassing â€Å"bodily flaws, disease, obesity, ageing and (even) death†(Lewis, 2002, p. 295). This is also why bodybuilders, cyborgs and robots, and even those who have anorexia and bulimia exist -- ways in which humans try to demonstrate control over their bodies to achieve what is considered by the society as ideal or within the bounds of social standard s. As a result, experts suggest that what human body is now -- how it is treated, looked at and valued -- is a product of cultures that desire for standardized perfection. Still, the presence of the aforementioned advances towards the â€Å"improvement†of the human body does not mean the complete absence of what is unwanted. Mary Douglas even stated that â€Å"that which is negated is not thereby removed†(as cited in Benson, 2002, p. 124). Hence, people continue to struggle between the threats of the internal and
Tuesday, February 4, 2020
Plagiarism Essay Example | Topics and Well Written Essays - 1000 words
Plagiarism - Essay Example In simple terms, the use of another person’s work without giving due acknowledge to the source constitutes plagiarism. The first step towards avoiding plagiarism is to admit that adhering to the strategies for avoiding plagiarism makes a person no less of a great writer. The following paragraphs of the essay are used to lay out how students can strategized their writing to avoid cases and instances of plagiarism in a wake of an era when plagiarism is gaining more and prominence throughout universities in the world. Strategies for avoiding Plagiarism One of the first strategies to avoiding plagiarism is to identify the appropriate mechanism instituted in the selection of a group of words belonging to another person. By academic provisions, a student is expected to either paraphrase a group of words belonging to another person or bring quotation marks when the words are taken verbatim (University of Michigan’s Scholarly Publishing Office, 2006). ... An example can be cited with the same example above to read as ‘plagiarism remains a critical component of academic dishonesty’. From the structure of the paraphrased sentence, it can be seen that the central theme of the original message is maintained while keeping about the same number of words. It is in light of this that the Durkin University (2012) states that â€Å"a paraphrase is the rephrasing of a short passage from a text, in about the same number of words.†The next strategy to paraphrasing and using quotations is much related to paraphrasing and using quotation and this has to do with using in-text citation. In-text citation simply refers to a provision whereby the writer states the name of the original owner of any quotation or paraphrase made Durkin University (2012). In most jurisdictions, it is expected that the writer will also state the date of publication of the said source. The general idea behind in-text citation is therefore for the writer to state the name of original owner and the date of publication. However, depending on the referencing format or style being used by the writer, there are difference ways in which in-text citations will be made. Some of the referencing styles are APA, Harvard and Oxford. It is very important for a student who wants to avoid problems with plagiarism and other forms of academic dishonesty to have a fairer idea of how to use in-text citation for the different referencing styles. In a typical APA referencing style, a write who indicates the name of original owner and date before the quotation or paraphrase will be expected to write the surname of the owner and put the date in parenthesis. Example is Gardener (2011). If the source is an institution, it is expected that the
Monday, January 27, 2020
Models of Nursing for Safeguarding Vulnerable Adults
Models of Nursing for Safeguarding Vulnerable Adults The articles chosen to be evaluated, compared, analyse and reflected upon are Nursing models and Contemporary Nursing: their development, uses and limitations, Nursing models and contemporary nursing: can they raise standards of care and lastly Safeguarding vulnerable adults. The reasons for selecting the topics above are based on exposure to the subject matter in university and familiarity with the safeguarding vulnerable adults during the many years spent working as a Health Care support worker within the community. Most of all, the ultimate reason choosing these topics is sheer interest in finding out how effective the usage of these integral topics can improve holistic nursing practice and give the service user or patients a better experience. Supporting evidence for this report were sourced from various mediums i.e. Through the internet and from credible websites such as the Royal College of Nursing, Nursing Times and article catalogue banks such as CINHL and Medline. Murphy, F; Williams, A and Pridmore, J (2010) Nursing models and contemporary nursing 1: their development, uses and limitation. Nursing Times 15 June, 2010, vol 106, No 23pp18-20. Pridmore J et al (2010 Nursing models and contemporary nursing 2: can they raise standards of care? Nursing Times 21st June, 2010 Vol 106, Number 24. These articles are suitable for the education, training and informing Healthcare Professionals about the prominence of their field. The articles are presented in a good and coherent fashion, this makes the reading experience enjoyable. The two-part series analyses the worth of nursing models and deliberates whether the essential concepts, principles and ethics about nursing in these models are pertinent to contemporary procedures. This first article provided an outline of nursing models; how and why they were established; and some poignant criticisms. The second article examined the models in the framework of modern nursing practice, with specific attention placed on current initiatives intended to reform nursing and to improve the standards of care. The authors of these articles are experienced and seasoned professionals in their fields of expertise. Fiona Murphy, for example, is a nurse who has held clinical positions as a Sister, staff nurse and clinical teacher in acute hospitals nursing all over the United Kingdom. She has taught and lectured at the University of Swansea since 1992 and worked on a variety of undergraduate and post graduate nursing and midwifery programmes. (Dockerty, 2013) Julia Pridmore, is also a Nurse Lecturer and programme manager for BSc (Hons) Health and Social Care at the University of Swansea. Julia has been a practicing nurse since the 1980s. She specialises on quality improvement, governance and patient safety (Pridmore, 2010). Their experience in practice and teaching combined, validates their knowledge of the subject and also authenticate the issues raised in the articles. The authors, gave a very insightful historical background about the technological boom which triggered the development of nursing models in the early 1960’s in the United States, but it failed to examine the reasons why it took more than a decade for the same to be adopted in the United Kingdom. One could be identified with the difficulty in acclimatizing to an entirely different concept, but the impediment to change as described by (Kenny 1993) ‘reflecting on the approach and attitude towards change and the bureaucratic environment of the NHS, also questioned if models really stood any chance at all’. This statement speaks a lot of volumes but completely void of proofs or facts. The National Health Service have been a driver for change and modification since inception. The Nurses Act of 1949, for example was established to modernise the role of nursing by providing the catalyst for modification to nursing education and training, 1940s and 50s saw nurses uniform b egin to become more standardised, in 1955 the nursing auxiliary or nursing assistant role achieved formal recognition and Enoch Powell’s Hospital Plan recommended that teaching hospitals should act as district general hospitals and that student should be taught where patients required treatment in 1962. Prior to the adaptation of models in the United States the National Health Service was in its twentieth year of reformation, one can conclude Kenny 1993 quote on attitude to change and bureaucracy within the environment of the NHS is possibly a hypothesis. Secondly, there were numerous complications in developing the models, the smallest of which was an absence of a definition of nursing. This led to Henderson’s description being regularly quoted, and it shaped the foundation of vast majority of deliberations. There were also calls to go back to the ideas of Florence Nightingale. Henderson defines both the independent and the co-dependent features of nursing practice, and stipulates the affiliation between nursing and medicine. This difference between independent and co-dependent practice is vital to appreciating the intricacy of nursing and its specific influence inside the multi-disciplinary teams within a health care setting. Nightingale’s emphasis on the advancement of health and healing as separate from the treatment of disease, and the harmony of the individual, well-being and the atmosphere, remain essential to contemporary explanations of nursing. Both philosophies and ideas resounds clearly in the models, a good indication of the advancements and strides made since the days of Florence Nightingale. In hind sight, going back on the ideas to reflect the idle of Florence Nightingale would be a complete retrogression, but rather using models as a framework to guide and reform the delivery of care and will directly improve the experience of the patient thereby affirming the professional outlook of the nurse within the healthcare setting. Betts V; Marks-Maran, D and Morris-Thompson, T (2014) Safeguarding vulnerable adults. Nursing Standard. 28, 38 P37-41. This article is suitable for the teaching, preparation and informing Healthcare Professionals about the importance and efficacy of safeguarding the vulnerable within the confines of the hospital and beyond. The article is presented in clear and comprehensible manner, this makes the reading experience very pleasant. The article examines more or less the matters surrounding safeguarding vulnerable adults, it reviews some of the correlated legislation and literature, and outlines the responsibilities of authorities or those who care for these patient groups. The article reveals how one hospital that is specialised in caring for individuals with early-onset dementia, Huntingdon’s disease and alcohol-related brain damage who need supplementary care, has provided staff with fitting evidence-based facts about safeguarding adults. The authors of this article are knowledgeable and experienced authorities in their fields. Virginia Betts Previously a staff nurse at Forest Hospital, Nottingham and presently health visitor student at Derby University, Diane Marks-Maran is an honorary professor of nursing at Kingston University, London and St George’s, University of London, lastly, Trish Morris-Thompson director of quality and clinical governance at Barchester Healthcare, London. Their involvement in practice and education authenticates their understanding of the theme being examined i.e. Safeguarding Vulnerable Adults and also substantiate the issues raised in the article. This is an evidence based literature which draws lessons and references from current events in Winterbourne View Hospital and Mid Staffordshire NHS Foundation Trust. This article failed to explore in to details the avenues of trainings, retraining, and refresher courses to ensure staff and healthcare professional are constantly reminded of the importance of safeguarding the vulnerable. Although, Nesbit’s warning that no structure or system of safeguarding would be able to pledge with certainty that abuse would certainly not transpire (Nesbit 2013) is completely a valid argument. It also very important to raise, continuous trainings and adequate reminders are the key to keeping this all important subject current and relevant to the healthcare professional. With the view of avoiding a repeat of the happening of Winterbourne View and Mid Staffordshire NHS Foundation Trust, the issue of training, retraining and refresher courses cannot be over emphasised. Research and policy guidance advocates compulsory trainings for care home proprietors and executives in view of safeguarding responsibilities. ‘No secrets’ (DH/Home Office, 2000) also mentioned that all organisations must train all employees and volunteers at all levels of hierarchy within their agencies, organisation or companies, with respect to their responsibilities in the adult safeguarding procedures and processes. Kalaga and Kingston (2007) referred to the commendations of the enquiry into the delivery of services for individuals with learning difficulties at the Cornwall Partnership NHS Trust which specified that the Trust must: ‘as a priority, develop a programme of training, supervision and support for all staff which helps them deliver care in accordance with the principles of the Valuing People strategy’. (CSCI/Healthcare Commission, 2006, p 69) Organisations must ensure a safe environment in which all employees are trained in safeguarding, and a uthorities such as managers, supervisors and even team leaders be responsible for systematic official checks of the organisation’s safeguarding procedures, policies, processes and practices. In essence, the evidence presented for Forest Hospital in Nottingham inaugurated in 2013 to deliver expert care for individuals with early-onset dementia, Huntingdon’s disease and alcohol-related brain injury is exemplary, the institution have gone through a great deal of meticulous planning to encourage the retention of information and training pertaining to safeguarding. All employees new to the establishment obtain an information guide and commence e-learning induction sections on safeguarding vulnerable adults, followed by team deliberations on some of the subjects raised on the materials and guides given, and the sections. Throughout the segments and group studies, employees are familiarised with and well-versed on safeguarding vulnerable adults. Responses, feedbacks and questions are given in writing and verbally from employees and shown that employees who had never worked in care homes or anything similar to care found the training on safeguarding adults educational and easy to comprehend. Employees identified that they valued the chance to utilize the learning tools on safeguarding adults in group discussions. They also mentioned that it was extremely beneficial having a written document to which references could be made when needed. This method of training is entirely innovative and worthy of emulation by every institution and NHS Trusts. The only criticism about the training method in Forest Hospital is the fact the authors provided no detail concerning its frequency. It is vital to note, some of the issues in Mid Staffordshire NHS Trust according to the HealthCare Commission was not due to lack of training but rather lack of adequate training. As a firm believer in learning, unlearn and relearning, training a healthcare professional once or maybe twice in his or her career is not enough. Safeguarding just like manual handling require expiration in its certification. This will enable a continuous assessment of employee knowledge and practical skills with respect to safeguarding thereby delivering exceptional service to the patient. In retrospect, one could say the article on Safeguarding focused mainly on physical abuse by so doing leaving a lot of safeguarding issues unaddressed. Abuse may be physical, psychological, financial or material, sexual, discriminatory, or an act of neglect or an omission to act. For example the involvement of exploitation and mistreatment is likely to have a major impact on a person’s health and wellbeing. By the very nature exploitation and utter abuse of power by one person over another has an enormous impact on a person’s independence and most times depresses their individualities, which are a breach of the rudimentary ethos of the Healthcare profession. Neglect on the other hand, was not mentioned, but it can stop an individual who is reliant on others for their fundamental necessities, exercising choice and control over the basic needs of life and can cause embarrassment, humiliation and loss of self-respect. All vulnerable adults have the right to be assisted to make their own choices and to give or deny consent on whatever they please, be it activities or even services. Consent is a strong sign of a readiness to partake in an activity or to receive a service. It may be gestured, verbal agreement, or in writing. No individual can or should give, or refuse, consent on behalf of a different adult except exceptional provision for specific purposes have been made and it generally by law. The main struggle dealing with abuse of vulnerable adults is knowing that it exists, because it’s multifaceted nature. DeHart et al (2009) cross-examined nursing home employees, policy makers and health care professionals to detect training needs of employees. They discovered that those at risk of abuse were residents who are silent, confused and incapable to communicating or those who have few visitors, as well as those who are non-compliant or with challenging behaviours. They proposed that one of the employees capabilities must be the skill ‘to identify residents’ vulnerabilities that increase the risk of their being mistreated’. A key United Kingdom survey of more than 2000 individuals of age 66 and over living in private accommodations and households discovered a variety of risk factors, precise to the category of abuse: The risk factors for neglect encompassed being female from 85 years of age, in bad health or depression and the prospect of being in receipt of, or in touch with, services. The risk of financial abuse amplified for individual living alone, in receipt of services, in bad or very bad health, older men, and women who were divorced or separated, or lonely. The risk of relational abuse (physical, psychological and sexual abuse combined) was greater in women aged 66–74 (O’Keefe et al, 2007). O’Dowd (2007), in reporting on the above research, recommended the discoveries on risk factors, citing that it should be used by local authorities to observe and act on abuse by directing assistance where it is wanted most. Appointing full-time safeguarding leads or introducing training f or all staff i.e. relevant training for all new staff, from auxiliary to consultant level, as part of its induction programme, and another where training is consolidated at handover times to keep it refreshed and serve as a constant reminder at all time. On the Aspect of Nursing Models, Nurses do require a theoretical framework to serve as a guide and support. This is predominantly so now that we confronted economic, demographic and communal variation that will possibly â€Å"value the nurse out of the market. Devoid of using theory to define what nursing is and does, it would extremely stress-free to demote the role of the Nurse to nothing else but just elementary tasks, when nursing is as a matter of fact, a multifaceted, vibrant and thought-provoking role demanding the mixture of understanding , knowledge, skills, familiarity and theory. The usage of nursing theories such as models assist nurses to make the difference amongst the contributions of the medical, nursing and other healthcare professionals and establish the worth of the nurse. Nurses are acquainted with problem-solving methods such as ASPIRE (Assessment, Systematic nursing diagnosis, Planning, Implementation, Recheck and Evaluation). However, methods like this guides in care planning, they are short on detail on how to do it. For example, a problem-solving procedure is less likely to outline questions needs asking in the course of an assessment or the interventions to be made. Nursing model can drastically improve the methods of assessment and deliver better care. (Barrett et al, 2012) Models can play a variety of roles in the career of the nurse. Take for example, the newly qualified nurse, a model will be a very import framework for the care planning process. A proficient nurse will have the ability cultivate their own diverse model, grounded on the fundamentals of different theories that fits their methodology and framework of care. In conclusion, nursing continue to offer challenging roles in dynamic, evolving healthcare environments. However, the competitive workforce means that in order to first attract and then retain nurses, Authorities in Healthcare needs to ensure that practices are contemporary and innovative. It is also important to recognise that Nurses are part of a broader healthcare team and it is appropriate that to consider and assess the best way to work with other healthcare providers to provide quality patient care now and into the future. Safeguarding adults is everybody’s business. Statutory agencies and all who work with Vulnerable Adults have the responsibility to safeguard the wellbeing and safety of Vulnerable Adults in different ways. â€Å"Safeguarding†when viewed in its wider sense of promoting the safety, wellbeing and opportunities of adults forms part of core business for all statutory agencies, for example, ensuring health and patient safety is the NHS responsibility, promoting independence and wellbeing is the responsibility of Adult Social Care, and protecting people from harm is the responsibility of the Police. For all professionals, â€Å"safeguarding†in its wider sense is part and parcel of everyday working life. However, it also refers to a very specific area of work- the reactive inter-agency response to protect Vulnerable Adults who are at risk of significant harm through abuse by another person or persons. Empowerment and choice need to be at the core of safeguarding policy and practice; this means working to enable adults at risk to recognise and protect themselves from abuse. It also means taking a risk enabling approach within services and ensuring that people who use services have genuine choice both of and within services. Bibliography Dockerty, R. (2013). Swansea nurse lecturer writes ‘Major Works’ book.Swansea University, Swansea nurse lecturer writes ‘Major Works’ book. [Online]. Available at: http://www.swansea.ac.uk/humanandhealthsciences/news-and-events/latest-news/swanseanurselecturerwritesmajorworksbook.php [Accessed: 6 November 2014]. Pridmore, J. (2010). Julia Pridmore. Nursing Times, Julia Pridmore | Nursing Times. [Online]. Available at: http://www.nursingtimes.net/julia- /148596.publicprofile [Accessed: 6 November 2014]. Choi, N.G. and Mayer, J. (2000) ‘Elder abuse, neglect, and exploitation – risk factors and prevention strategies’, Journal of Gerontological Social Work, vol 33, no 2, pp 5–26. DeHart, D., Webb, J. and Cornman, C. (2009) ‘Prevention of elder mistreatment in nursing homes: competencies for direct-care staff’, Journal of Elder Abuse  Neglect, vol 21, no 4, pp 360–78. Department of Health (2010) Prioritising need in the context of Putting People First: a whole system approach to eligibility for social care – guidance on eligibility criteria for adult social care, England 2010, London: Department of Health.
Sunday, January 19, 2020
Ethics and Regulation in the Professional Asset Management Industry
Ethics and Regulation in the Professional Asset Management Industry 11 December, 2011 Whenever a person is hired to perform a service or look after the interest of another, the question of rules for interactions and transactions behavior arises. This is particularly important for the financial industry were portfolio managers may be entrusted with portfolio value of trillions of dollars , the inherent risks associated with financial investments and the fact that portfolio managers are often exposed to ethical conflicts. Hence, it is no surprise that the financial industry is highly regulated to ensure that there is a minimum level of acceptable practice. Guidelines are built on two legs – formal legally enforceable regulations and ethical standards. Both follow the overall principle that â€Å"portfolio managers will always act in the best interest of their investors†. Legal regulations are complex often with an interaction between state and federal laws. At the very basic level they establish adequate disclosure of information related to the investment process and provide anti-fraud protections. These cover aspects like documentation, reporting, fairness, timeliness and accuracy of information. At a more complex level, regulations cover specific investments types like for example retirement / pension assets that have different risk management requirements. Following are the principal Securities Laws for the Asset management industry and their primary target user: * Securities Act of 1933 for security issuers * Securities Exchange Act of 1934 for security brokers * Investment Company Act of 1940 for mutual funds Investment Adviser Act of 1940 for advisors and private managers * Employee Retirement Income Security Act (ERISA) for retirement asset managers and fiduciaries * Pension Protection Act of 2006 for pension fund sponsors and managers Several agencies / institutions are responsible to ensure these industry regulations are managed and followed: * SEC – U. S. Securities and Exchange Commission (the main federal agency) * U. S. Department of Labor (pension plans inc luding 401 (k) plans) * NASDR – National Association of Securities Dealer rules * U. S. Commodity and Futures Trading Commission * U. S Internal Revenue Services (tax policies) These financial regulations are the â€Å"1st leg†of regulating investor/agent relationships and they provide the legally binding and enforceable framework of conduct. The â€Å"2nd leg†comprises voluntary ethical behavior standards. They follow the same overall principle of â€Å"investors come first†but describe in much more detail how the clients/investors interest must always take precedence over the interests of investment professionals and their employers. Ethical guidelines are the indispensable as they fill a void space. Policies and regulations may punish illegal behavior but cannot prevent such abuses from happening in the first place. Also while some financial transactions may not have violated any laws but could still be to the disadvantage of investors because of unethical behavior. Thus, Ethical guidelines aim to establish a self-regulating, voluntary behavior to prevent abuses before happening and to provide guidance for aspects of financial transactions not covered by formal policies. Leading institute is the CFA, the Chartered Financial Analysts Institute https://www. cfainstitute. org/Pages/index. aspx, previously AIMR – (Association for Investment Management and Research), which established a code of ethics for its members. Key elements are: * act with integrity, competence, diligence, respect and in an ethical manner. * place integrity of the investment profession and interests of clients above own personal interests. * use reasonable care and exercise independent professional judgment when conducting investment analysis, recommendations and taking investment actions. This ethics code is complemented with precisely defined conduct and actions that are acceptable (or unacceptable). The Centre of Financial Markets Integrity founded by the CFA has created a comprehensive â€Å"Asset Manager Code of Professional Conduct†providing more detailed minimum standards for providing asset management services to clients. These standards extend the rules for individuals to those of entire investments firms. Of note, agents and companies strictly adhering to ethical standards may achieve higher trust and preference ratings from investors as well as employees. Therefore, it is in the own interests of financial institutes and agents to be a CFA member and follow their ethics code. However and despite these wide-ranging regulations in place investors’ interests are not always followed. Two reason fall mostly in two categories 1) Ethical dilemmas: these are situations where the â€Å"investor interest†evaluation is not straight forward, therefore posing an ethical dilemma for the agent. Examples include where an agent may occur expenses for costly company research or other expenses which may not be clearly to the benefit of the client. ) Guidelines must be put into daily practice. A policy by itself is not sufficient to achieve compliance. The responsibility is with the leadership of financial companies by creating a corporate culture that reinforces ethical behavior, by always leading with best example and by establishing a regulatory compliance framework with capability trainings, frequent internal communication, and by stric t enforcement. Closing remarks Much progress has been made in updating and raising the standards of legislation to be more comprehensive and to avoid a repetition of historical financial crisis. However, no matter how detailed regulations may be â€Å"the question really boils down to staying true both the spirit and the letter of the law. †(Carlo V. di Florio) This is the reason why ethical codes such as provided by CPA are a critical complement to legal regulations as they provide behavioral guidelines. In fact, efforts are being made to make the ethical behavior standards legally mandatory. 913 study submitted in 2011 for the Dodd-Frank act as well as FINRA and the code framework itself is in a constant process of updates and expansion (e. . the Shingle theory). This is encouraging and will provide further guidance â€Å"how to put the investors’ interests first†. The investor is playing an important role in the process as well: Being very specific about individual investment priorities, by selecting only CPA proven financial partners and, last not least, by staying in close contact with the agent to ensure the steady flow of information. After all à ¢â‚¬â€œ asset ownership also carries the owner responsibilities. References Brown,C. , & Reilly, F. K. (2009). Investment Analysis and Portfolio Management. (9 ed. ). Mason, OH, Cengage Learning. Carlo V. di Florio, director of the U. S. SEC’s Office of Compliance Inspections and Examinations (OCIE). downloaded on 08 December 2011, http://blogs. cfainstitute. org/marketintegrity/2011/11/30/fatally-flawed-compliance-without-ethics-in-the-investment-industry/ Carlo di Florio, Harvard Law School Forum on Corporate Governance and Financial Regulation, Nov 25-2011, downloaded on 08 December, http://blogs. law. harvard. du/corpgov/2011/11/25/compliance-and-ethics-in-risk-management/ â€Å"913 Study†: Study on Investment Advisers and Broker-Dealers as Required by Section 913 of the Dodd-Frank Wall Street Reform Act (January 2011), downloaded on 8 December 2011 http://www. sec. gov/news/studies/2011/913studyfinal. pdf Jon Stokes â€Å"Fatally Flawed: Compliance without Ethics in the Investment Industry†(30 November 2011)  · Enterprise Risk Management- Integrated Framework, Com mittee of Sponsoring Organizations of the Treadway Commission (September 2004)
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