Professional Responsibilities Legislation Essay

â€Å"Teachers must meet their professional responsibilities consistent with the institute’s (IFL’s) professional values.† (IFL) One of the IFL’s many codes of professional practice. Upholding the code of conduct and relevant legislation is the basis for you as a teacher. Among the legislature you need to understand is the importance of the health and safety act (1974) – it says all workers are entitled to work in a safe environment where risks are properly controlled. The HSWA act is also the umbrella under which more specific regulations such as the Manual handling act 1992 (amended 2002) are made. Another fundamental element of workplace health and safety management – and also a legal requirement – is RIDDOR; the reporting of injuries, diseases and dangerous occurrences regulations 1995. Also of great importance – the childcare act 2006, it stipulates every child should get the support they need to be healthy, safe, and enjoy and achieve economic wellbeing. As a teacher you also need to have your own professional values – views, beliefs that will underpin your profession. â€Å"A good teacher is more than a lecturer.† (AMEE 2000) You are no longer a dispenser of information or a walking tape recorder but instead you are a facilitator or manager of the students learning. You are there to ensure all learners have access to the same resources, the same support and you don’t differentiate – instead embrace and respect people’s differences and their choices. You are there to guide them, provide information and offer suggestions. But it has to be a 2 way process, by helping them you will also develop your skills because â€Å"teaching is itself a learning process for the teacher† (Joyce, Showers 2002). Everyone is different and you need to be prepared and have contingency plans for all levels of knowledge and skill – you will find bored students make bad students. They don’t just have a variety of levels but also different learning styles, be sure to have a mix of kinaesthetic, visual and audio resources. You can use handouts with the camera instructions on, a video showing how it works, and then let them try themselves. It is your responsibility to ensure all students no matter how diverse are given equal learning opportunities – that means assuming different roles. So for Learner X (names are confidential) you need to be firm, authoritative, Learner Y asks a lot of questions – be prepared to listen and summarise, Learner Z needs more encouragement.

Sales

Coming out of the first year of the merger, what new opportunities should the new â€Å"Defining Entity† pursue in order to grow business? EDS Market Strengths ? Heath care ? Insurance ? Communications ? Electronics ? Aerospace ? Defense industries A. T. Kearney Market Strengths ? Manufacturing ? Consumer products ? Transportation ? Chemical pharmaceuticals Combined Strengths ? Automotive ? Financial services ? Energy ? RetailWhen companies combine/merge the whole objective is to gain new opportunities, gain market share, grow the business, to become more innovative and to improve product offerings, utilizing/sharing the existing resources and data. From the case study the company has already been successful in proving that their merger was a win, win. Already they have leveraged off each other by gaining the Rolls-Royce account which would fall under a combined strength category, they were able to provide together more services to Rolls-Royce that individually they previously could not offer.Why these opportunities, and why did I decide this, because each company already possesses and provides services and strengths in individual fields, and has a history of established relationships within given market segments. It is obvious that by combining the two companies, both companies have deepened and widened their new customer opportunity base. They can now unite and build off these pre existing strengths and relationships with more to offer and become the one stop shopping entity that they strives to be. They now also have the opportunity to engage and play in each others sandboxes to say.Not only can they leverage off each other’s existing customers they now have the opportunity to gain new and, competitor’s customers, based on the fact that they now have more to offer then their competition in both arenas. If I was Brian Harrison, I would immediately put in place a team consisting of members from each company that would utilize and compile e xisting data to come up with a list of who are our customers are today, who are our top customers, why are they our customers, what services do they obtain from us today, what services can we provide for them tomorrow now that we are one company.What customers generate the most revenue, why are they loyal to us, does it have to do with price, commitment, quality of service or maybe our technology. Who is our competition what services do they provide that we don’t and how do they market them. This information would provide the company with a strategic target market. How would you sell into each new opportunity you identified? What sales approach or customer interface strategy would you use? Based on the above data collection the sales force could identify which customers to go after first.Our sales approach would be â€Å"one stop shopping†, not only can we consult you on better practices, we have a team to implement them. Just think of the time and money your company w ould save, purchasing would only have to cut one PO, your staff would only have to deal with one company. We could provide services for your company that would allow you to cut your overhead, bottom line savings would be enormous across the board. I would have international sales meetings, combining all sales personal from each company.I would split them up in cross functional workshops to strategize and gain an insight of what works in their marketplace with their customers and how, why, where and when. Cross the board training would have to be a must, each sales personal would have to learn as much as they could about the others business. Sales people would have to engage in workshops that promote trust between each other, â€Å"Only when salespeople trust and respect each other can they successfully work together towards a common goal. † (pg 330).Then based on that information the Marketing team would have to come up with ideal marketing strategies to sell our combined ser vices. Tools would be provided such as websites and manuals to answer each industries questions and start building relationships and merging into one company. I would then break them into territories two by two, manager to manager, bringing the other to customer meetings not only selling their original piece but the whole concept of our combined solutions. Utilizing the expertise of the other to gain the customers loyalty and commitment that we are the best company that can offer you more bang for you buck.EDS acquired â€Å"one of the world’s largest and most respected global management consulting firms† (pg 524). This is on A. T. Kearney’s website â€Å" A. T. Kearney is a global team of forward-thinking, collaborative partners that delivers immediate, meaningful results and a long-term transformational advantage to our clients and colleagues. Since 1926, we have been trusted advisors on CEO-agenda issues to the world’s leading organizations across all major industries and sectors. † http://www. atkearney. com. It would be an epic failure for both companies if EDS and A. T. Kearney could not make this merger work.What sales management implications would the new â€Å"Defining Entity† face in getting the sales job done? As with every new merger, comes the combining of what the case referrers to as ego’s or individual company cultures. EDS has more international business then A. T. Kearney trying to merge on an international level would defiantly create several roadblocks. What maybe acceptable in one company, of course may not be acceptable in another. For example what happens if one of those companies goes by a strict code of ethics, while the other does not always follow those rules, this will quickly cause a conflict, especially in the sales world.Would one company want their customers approached in an un-ethical way, what kind of reputation is this new company supposes to reflect to their customers? What ha ppens if one company is all commission based while the other company believes in a base salary with a company car, commissions and bonuses? How would management work together to overcome such obstacles, what are the education levels of one company over another, in this case your bringing a bunch of IT systems personal and mixing them with those selling solutions to management personal.After extensive training the sales people from the other company still can not fully connect on how to sell your services or concepts. Once culture has their customer service and organization set up on one set of systems and your company is on another, how do you make them talk as one, work as one? Sometimes more manual labor is incurred in trying to integrate these companies. For instance at Carestream Health I have to manually give one of our Distributors – Quantum invoice information so they can bill their customer, our systems do not work together and because of cost they probably will not f or a long time.What is the cost of training everyone and how. Management styles could be completely different; one company uses hands off approach, while the other is a complete hand on organization. How can they combine two sales forces and make them one, to have the same goals to accept the same compensation plan, that could be lower or higher then they are used to. Management would have to face so many internal and external obstacles while trying to reflect a smooth transitional merger to the customer. A consistent set of reports and data collection would have to be done to make sure the merger is benefiting the companies.Regular monitoring of how a business is performing is also important to determine if goals and objectives are being met. In conclusion if the merger produces the revenue, growth and success that the two companies were striving for, then it was well worth the many avenues it took to get there. References A. T. Kearney’s Retrieved On November 11, 2012 http: //www. atkearney. com http://www. albanyhardware. com Spiro, R. L. , Rich, G. A. , & Stanton, W. J. (2012). Management of a sales force. (12th ed. ). McGraw-Hill

Hydraulic Fracturing Essay Example | Topics and Well Written Essays - 1000 words

Hydraulic Fracturing - Essay Example Apart from that, the chemicals also prevent corrosion of tools being used, control pH and kill bacteria. Propponants, on the other hand, include frac sand and bauxite and they are usually useful in preventing opened fractures from collapsing (King). Generally, the process has been hailed as a great advancement in the energy sector since it has made it possible for oil and natural gas reserves that in the past were difficult to reach be easily tapped..While some section of people heap praises on the process, another section is quick to point out the risks and hazards that the process posses to the environment and human health (Hassett and Mathar). This paper seeks to support the opinion that the benefits of the process outweigh the risks. Benefits of Hydraulic Fracturing After participating in the class debate and carrying out further research, I am of the opinion that the economic benefits derived from the hydraulic fracturing process outweigh the risks and hazards associated with it . Firstly; the process has lead to increased production of oil and natural gas and thereby increasing employment opportunities in the energy sector. ... Apart from that, increased production of natural gas and oil has resulted to a decrease in the prices of the same enabling energy to be cheaply accessed (American Forum). In addition to that, increased production of natural gas means increased usage of clean energy. It is important to note that natural gas usage reduces the production of greenhouse gasses as it is pollutant free. As more natural gas is produced, electricity plants that previously used coal are starting to embrace natural gas since it is cheaper thus ensuring a cleaner environment because natural gas does not emit pollutants (Hassett and Mathar). Increased usage of natural gas will come as a relief to all stakeholders in the mitigation of climate change (American Forum). Concerns raised about Hydraulic Fracturing During the debate, several concerns about the environmental impact of the process were raised, it was argued that the resulting fractures after the process might rub up to the shallow rocks that hold water us ed for human consumption thereby contaminating it. In addition to that, it was stated that in case the wall’s casing failed, the fluids used in the process would come in contact with underground water and contaminate the supply of domestic water. The fluids also risked spilling over the surface thus contaminating surface water (King). This Contaminated water posses a huge threat to the health of people and animals that may consume it since most companies using the process never reveal the chemicals used in it (Hasset and Mathur). The opposition thus strongly insisted that hydraulic fracturing process should be eliminated. More negatives impacts of the process such as the

Personal statement Example | Topics and Well Written Essays - 500 words - 17

Personal Statement Example I have also realised that in order to enhance employability, these course are unparalleled. Thus, by considering such ever-lasting virtues, I have decided to apply to MSc International Business Management course for completing my master degree. I would able to enhance my knowledge of learning by a considerable certain level which would also assist me to develop various levels of understandings. I am very much passionate and thrive in performing along with succeeding in challenging scenarios. I can easily understand the concepts and ideas and am capable to develop myself by creating solutions to the problems. In order to develop my skills further, I have decided to study the management course after passing my graduate level studies. The course offered would enable me to possess ample opportunities to gain an in-depth knowledge regarding corporate culture and courses in management thus assisting to face tougher situations in larger organisations. Furthermore, I would gain invaluable leaning opportunities during the MSc International Business Management course to comprehend the varied challenges that are faced by global companies and their managers to ensure the sustainability of their organisations. Thus, I can transform myself to be a global citizen or an individual possessing pertinent knowledge about the global business arena. It can also facilitate me to realise the aspects that enable global companies to internationalise in the multination business environment. Through the learning of both theories and concepts along with practical evidences, I can develop strong abilities to perform efficiently in a global organisation in future. Through the course, I can also gain valuable knowledge regarding the fields of innovation management, international business investigation and market research. Apart from gaining certain long-term benefits from the course to develop my knowledge, skills and abilities, I can also significantly contribute to my

Report Assignment Example | Topics and Well Written Essays - 2000 words

Report - Assignment Example The four year court battle resulted into a hefty $1.5bn dollar penalty to the affected regulators in the US, UK and Switzerland. It is against this backdrop of failures by such financial institutions entrusted with this critical role that this report is compiled. The scope of this report is to try and quantify the effect of risk attitude on company performance indicators and the impact this may have on their perceived change of attitude (Shotter, 2012). To achieve this goal, Chief executive officers (CEOs) of large financial institutions in the City of London were asked to fill in a questionnaire aimed at assessing their attitude towards risks. The so called large financial institutions were those listed in The Financial Times as so, based on the size of their workforce. Data Primary data was collected from 100 CEOs where their responses on the questionnaire were scored out of 30 -one being the most conservative towards risks and 30 being the highest risk assessment. Baseline informa tion provided the secondary data for the same set of financial institutions, gathered from two articles published in 2007 and in 2009 that had measured the risks in these same institutions. Data on three additional variables was also collected in order to assess the volatility in performance of the companies. Table 1 summarizes the variables of interest for this analysis. Table 1: Variables description Variable Description RISKATT_AFTER CEOs questionnaire score RISKATT_BEFORE Baseline data from publications MAX_SHARE The maximum share price of the company in the last 30 days MIN_SHARE The minimum share price of the company in the last 30 days SD_SHARE The standard deviation of the share prices of the company in the last 30 days Objectives With this information, we sought to answer the following objectives: 1) To assess the change of CEOs attitude towards risk before and after the UBS bank scandal 2) To quantify the correlation (if any) between the companies’ risk attitudes an d their volatility. Methodology In seeking to meet the above set objectives, statistical analysis tools were applied. In particular SPSS statistical software version 20 was used for the analysis. Moreover, the nature of the data was taken into account in choosing the methodology to use. For instance, for the first objective, we wished to assess the difference in risk assessment before and after the UBS bank scandal. The data was collected from the same companies hence forming dependent pairs. For this objective therefore, an appropriate test was the paired t-test. For the second objective, an extra variable coded as the SHARE_RANGE was derived by getting the range in the company’s share price for the past 30 days. This was to be used as a predictor for a regression model. Scatter plot matrices as well as Pearson’s correlation estimates were obtained as a guide to assessing the linear relation between the variables of interest and where appropriate, linear regression mo dels were fit and the necessary diagnostics performed. Results Results of performing a paired t-test on the companies’ score on risk assessment before and after the UBS bank scandal are summarized in the following section. To begin with, a

Resume For A Job Essay Example | Topics and Well Written Essays - 1000 words

Resume For A Job - Essay Example My success earned me inclusion on the team attending IAAPA to give input based on this market research to the team responsible for negotiating and closing the purchases of hundreds of gaming machines. With this experience, I gained the know-how for creating an effective marketing strategy and also managed to find out what the next big arcade game was. During summer 2012 I obtained an AA degree in Business and CIS in addition to the Magna Cum Laude honor and Phi Theta Kappa Recognition. I continued my education for a Bachelors degree of Science in Business at John Hopkins University. Throughout my studies, I devoted my time to studying American politics, business, and culture. I took the time to broaden my marketing knowledge, learn about information technology in business, improved my communication abilities and learned how to relate electronic tools to business. I can use these skills to assist me in my next position. In the summer of 2011, I volunteered at Silicon Valley Home Owner to assist the impoverished in applying to own a house. I also interviewed many people and gave out food stamps where the situation required it. I had to talk with close to 50 people each day. Because of the constant work, I had to manage my time so that I could help out each person who needed it. During high school, I was the president of the student body government. One of my duties was to preside over the weekly meeting. I also managed yearly events such as competitions to do with sports, education, and environmental concerns. Furthermore, I was the President of UNICEF at De Anza College. I held charity competitions for basketball and soccer in and around the Bay area. I managed to raise $5,000 and then I donated it to UNICEF. I believe that these experiences, as the president of a big organization, extended my abilities. I was able to overcome the expectations that were placed on me by creating a conducive environment where it was easy to achieve goals.

Explain in the space of one page why the tradition of holistic Coursework

Explain in the space of one page why the tradition of holistic approach to culture has declined on anthropology. Make it sure to tie your answer to the study of the politics of culture (one page only) - Coursework Example The paper will give reasons as to why the traditional holistic approach to culture has continually been declining on anthropology. In the recent study of human beings, the holistic approach to cultural values has declined the popularity. Some of the reasons leading to declining in a holistic approach include; community diversification and differentiation change in educational levels and public institutions, change in peoples lifestyles, modern methods of research, and improved technology. As compared to traditional period where people were concentrated in one region mainly the extended family, people have in modern days moved to different regions making holism difficult. According to the research, many people work individually and live independently. As a result, there has been reduced collaboration among activities and routine duties in human beings in the recent days. The government has a contribution to this in their attempt to change cultural practices. To this end, government link matters of culture with respect to necessity and unity hence altering them positively. Additionally, Change in lifestyle has reduced holistic approach to cultural practices and the study of human beings. People have acquired education and awareness in different areas and pursued different careers. These careers have re-located them in different places far away from their communities. Consequently, the human being has gained a sense of independent making them socially inactive in their new areas of work hence holistic become difficult in the study of human beings. Moreover, advancement in research methods and techniques has contributed to declining holism in anthropology. This is because modern research and analytical tools such as computers are widely used in tallying and analysis resulting to changes in public learning institutions. The modern equipments have made particular study accessible as compared to traditional time when resources were not sufficient

The Impact of Economics on My Life as a Business Article

The Impact of Economics on My Life as a Business - Article Example In order for business people to become successful in today’s global business, each businessman should be knowledgeable in study of microeconomics and macroeconomics. For the purpose of this study, the importance of the basic principles of microeconomics such as the supply and demand of labor and products2 and how individuals, households, and firms make decisions with regards to allocating their limited resources in markets where the trading of goods and services occurs3; and the macroeconomics which focuses particularly on the external factors that could affect the variables such as the Gross Domestic Product (GDP), unemployment rate, inflation rate, and exchange rate4 will discussed in order to enable the businessmen to understand and apply the useful economic theories in their future business decision making. Businessmen should be aware that there is a significant correlation between the increase in demand for goods and services as well as with the demand for labor. In case the economy of a country is booming, the domestic demand for finished products increases. The increase in the demand for products contributes to the increase in demand for human resources (workforce). Basically, this allows the talented men and women to have the demand for a higher salary or have an option to take double jobs and longer working hours. (See Figure I – A Good Economy below) On the other hand, in case the country is experiencing economic downturn or recession such as the Asian crisis in 1997 or a tragic event such as the September 11 terrorist attack in the United States, the demand  for human resources decreases since a lot of local businesses were directly affected and eventually had to declare bankruptcy or impose a mass lay-offs in order for them to be able to sustain the business financially.  

Introduction to case study research Essay Example | Topics and Well Written Essays - 1750 words - 1

Introduction to case study research - Essay Example In this regard, the research may involve exploring the reasons for existence of such issues in certain places. In addition, the research may involve description of certain environmental aspects, business aspects as well as economic aspects of the environments where such a research is conducted (Green, 57). The results to those researches are well documented in the case studies. In this regard, the case studies will therefore act as the best secondary sources to use when one intends to carry out a research concerning specific aspects. This will be made easier if such a research topic had already been covered in one of the case studies that had been conducted with reference to such topic in question, or anything in close relationship to the topic that is to be researched on. In relation to the above case, the case study researches would be critical in the sense that they will act as references (Saunders, 27). In this manner, they will give additional information relevant to the research in question. In this perspective, it is of crucial significance to understand the meaning of a case study as well as a case study research. It is of critical significance to note that the term case study may have very many meanings. However, the difference in those meanings is not quite large. Every meaning tied to the term case study always has several similarities with each other. However, there are slight differences in such meanings with regards to what is being referred to (Thomas, 41). These meanings may vary with regards to the topic being researched on. Again, the difference in meanings of the term â€Å"case study† may be evident in reference to the specific environment where the case study research is conducted. On the same note, it is of critical significance to note that the difference in meanings of the term case studies may depend upon the different views of different individual personalities. This may be in relation to

Amazon.coms E-Business Model Term Paper Example | Topics and Well Written Essays - 750 words

Amazon.coms E-Business Model - Term Paper Example However they soon diversified their portfolio and ventured into selling DVDS, CDs, and MP3 downloads software’s, games, electronics, food, toys, furniture and apparel. They started spreading out from United States and established bases in Canada, the United Kingdom, Germany, France, Japan and China. Amazon’s growth and diversification of business into different genres helped it boost its sales. It made inroads into different products and excelled at it, simply by virtue of its branding. The growth and diversification strategy pursued by Amazon created more customers for Amazon and with that its revenues also shot up. On the cons end, Amazon’s growth created more expenses by expanding so rapidly in different genres. Its distribution costs also rose up in the process. I feel that Amazon could have taken a gradual evolution into expansion, starting from U.S then following up in other North American and South American countries before disembarking to Asian and European countries. This would have ensured a slowly and steady growth and expansion across the borders and kept the expenses in check. 2. Determine the impact if Amazon.com had split up and become a family of brands (for example, â€Å"Amazon† for books, â€Å"Super toys† for toys, etc.), each with a different public face but all run by the same parent company. Splitting up into a family of brands would not have worked for Amazon. This is because, Amazon the brand attracted people and it was this branding loyalty which later translated into sales and revenues for them. Splitting up into a family of brands would have also risen up its costs, something that Amazon would not want to risk given the fact that its competitive edge is built on its low costs. Under its cost leadership strategy Amazon has stood out by offering rock-bottom prices. It provides good quality products at low prices. Its prices can’t be matched by its competitors. This makes it an obvious choice

Panera Bread Company Essay Example for Free

Panera Bread Company Essay Panera Bread Company is regarded as one of the largest company in the United States that has specialized in the production of breakfast and lunch food for its consumers. Panera Bread Company which was in the years back been referred to as An Bon Pain is reported to be producing products such as baked foods, sandwiches, soups among other food products and beverages. The company is reported to have been founded in the year 1987 by Ken Rosenthan with its headquarters situated in Richmond Missouri in the USA. The company operates in divisions namely; franchise segments; who are licensed to carry out business transactions in the name of the company and retailing operations; which covers over five hundred bakery cafes that are reported to be company owned and over six hundred cafes which are franchised operated in more than thirty five states. In the year 1999 it was expanded into a national restaurant. Panera Bread Company has struggled to survive the growing competition and to effectively utilize its opportunities by utilizing the concept of company analysis which is very critical in modern business world. The aim of Panera Bread Company has always been to become a market leader in production of foods and beverages globally by diversifying and reaching to many new markets. In the year 2005, the company was ranked top forty by the Business Week in the annual list of hot growth companies. By that year its earnings was projected at $ 38 Million with an increase of over 40% in profit. In the year 2007, Zagat rated the company to top the list of Overall Food Facilities and Popularity rankings. Panera Bread Company is further recognized for its involvement in community events such as silent auctions, runs and walks by making donations. SWOT Analysis Modern businesses are faced with changing business environments and Panera Bread Company is not exceptional from facing such changes within their business context. By carrying out SWOT analysis, environment analysis is very decisive to Panera Bread Company and it is usually analyzed in two extents; the external environment and internal environment examination within the business perspective. Research reveals that the analysis of external environment illustrates opportunities and threats that exist in the market for a firm that may be either present or impending. On the other hand, internal environment examination depicts the strengths and weaknesses that the business may face in the market place (Anthony, 1998). Strengths Strength in this context can be identified as that distinctive ability posed by a firm and if the company utilizes such an opportunity it can succeed and can gain competitive advantage, over its rivals in the industry. The most common strength associated with Panera Bread Company is that of being a market leader in the food industry and particularly marketing of bread. Research indicates that Panera Bread Company is better placed than its main rivals in the market in that it has significantly acquired larger market share which is attributed to its diversification to various countries in the world, for example it has opened many subsidiaries in Toronto, Canada. It is also reported that the company has a strong brand name of its products which have significantly aided the company in terms of achieving a larger market share. The other strength that the company has is that of the best marketing channels that have aided marketing of packaging solutions products to a wider range of customers (Kotler, 1996). Weakness Weakness in this context can be referred to as any dimension of a firm that possibly will deter the accomplishment of set objectives by the firm and usually considered to comprise the company’s resources, capabilities and assets that are not fully utilized. From the company’s profile it can be noted that Panera Bread Company has weak policies, procedures and regulations that may deter the attainment of target performance of the company in some target markets. It is also reported that recently, the employees are not motivated to work and there has been complains regarding low pay and poor working conditions among others although such reports have not been proved. The management of the company should therefore look for ways in solving such problems that may affect adversely the performance of the employees and thus the overall performance of the company. Also the culture of Panera Bread Company has been under scrutiny and there has been allegation that the company is producing loaves of bread which are of poor quality, an issue that the management should look at it seriously (Anthony, 1998). Opportunities For companies to achieve the set objectives, they have to identify and devise events or features in the business external environment that will give them an added advantage or chance of performing better than their competitors. Such an event or feature can be referred to as an opportunity because it will create more chances to the company by increasing the current proceeds through acquiring a significant market share. Panera Bread Company has opportunities that if utilized will be of great benefit to the firm because it will lead to exploring and reaching to more new markets. Research indicates that there is greater demand for bread products in Africa and the management of Panera Bread Company should open subsidiaries in some of those countries after carefully analyzing the situational analysis in those potential markets. Since Panera Bread Company is among the market leaders in bakery industry; it is perceived to be having a well developed financial foundation and thus does not face any liquidity or cash flow problems. It is for this reason that the company should explore new markets and can compete across the entire market without fearing that its competitors can outdo them financially. However, before competing Panera Bread Company should carry out cost benefit analysis in order to avoid unnecessary expenditure (Brandenburger and Nalebuff, 1995). Threat In business context, a threat is regarded as an event which if not taken care of it may possibly deter the accomplishment of company’s goals e. g. customers declining income and competition among other events deemed to causing danger to the operations of the business. Panera Bread Company is basically faced with intense rivalry in bread and beverages products since many firms have opted to join the market because it is considered profitable. In fact, in some market segments particularly in Canada there has been a significant drop in terms of the company’s market share because new firms has entered the industry. Globalization concept has brought about new inventions and Panera Bread Company is faced with the task of coping with such innovations, for example the task of training and development programs to educate the employees on new technologies might be costly and difficult to acquire; such as the use of on-line marketing techniques and networking facilities (Anthony, 1998). Competitive Strategy According to research, Panera Bread Company has embarked on identification of markets that bread products and beverages can do best and it is through this that the company has sold a lot in the target areas. This strategy is normally referred to as segmentation; where the company has avoided competing entirely across the entire food industry but instead targeting certain markets i. e. bread and some beverages markets. Market segmentation will be an ideal situation for Panera Bread Company since competing across the entire market is expensive and considered to entail a lot of risks that the firm cannot sustain for example unfair competition by its rivals in the market (Bagley and Savage, 2006). This will involve Panera Bread Company marketing staff subdividing the existing market into different subsets of clientele where each division may be chosen as an intended market to be explored with a different marketing mix strategy. In essence, target marketing strategy will involve market segmentation which Panera Bread Company will have to find it on the acknowledgment that any segment comprises of potential buyers of bread products and beverages with diverse needs and dissimilar buying behavior. After carefully developing and subdividing the entire market to segments or the target markets, Panera Bread Company should then position itself on how to carry out the marketing activities in order to meet the overall objective of the corporation. Under this; positioning will imply to the formation of limits for bread products and beverages in the minds of the intended market in relation to the rivalry faced. Positioning of any firm including Panera Bread Company is very essential since it forms the foundation of all the communication of the company that comprise the following; branding, publicity, advertising and packaging among other strategies. Therefore it will be prudent for Panera Bread Company to create a single unique position which will operate as a guide for marketing communications involved thus will aid in transmission of steady image (Cullen and Parboteeah, 2005). HR and its Importance Since the mission statement of Panera Bread Company is clear, that it aims at being the market leader of producing bread products and some beverages not only locally but globally it should implement its marketing strategies particularly in the identified target markets. Implementation is putting in to action whatever plan or strategy that the management had formulated and therefore human resource is the most crucial asset in this stage. Research indicates that any company must motivate and provide clear direction to its human resource in order to attain its objectives. Therefore, Panera Bread Company should clearly identify the needs of its employees and try to meet them in order to give them an ample opportunity to serve diligently and be dedicated to the company. By offering a competitive package and offering performance contracts to the employees; ensures that they perform to the fullest because they will be highly motivated to work. Good leadership and management skills will be essential to Panera Bread Company’s management staff in order to command respect from the employees (Hilltop and Sparrow, 1994). Recommendations Panera Bread Company should note that nowadays, it is possible to use e-business through the internet for distribution purposes especially when dealing with international businesses. Digital innovations coupled with rapid growth in new technologies are changing the way distribution channels for companies and Panera Bread Company is able to use such hi-tech communication channels to monitor progresses in the market places not only in USA but globally. The company should further utilize modern entry market modes which such as Foreign direct Investments and licensing in order to build long-term markets in its target markets. It will be possible to also adopt joint ventures which will make possible for Panera Bread Company to gather enough market information quickly and familiarize itself with the laws, regulations and needs of the customers in the target market (Grant, 2005). Conclusion Panera Bread Company is among the current market leaders in the food industry and therefore stands a better chance of attaining a significant market share as a result of the brand name of its bread products and beverages that are regarded to be of high quality. Every business including Panera Bread Company is faced with challenges and it has to fully adhere to market regulations in order to avoid unfair competition. The concept of globalization cannot be written off either since many firms including Panera Bread Company has diversified to various markets and there are threats and opportunities associated with such globalization. Therefore the company should formulate strategies that are considered global in nature in order to meet the current expectations of the customers in the target customers. Such strategies like build, harvest or divest should be considered by the Panera Bread Company when assessing the performance of its products in its target markets. Management functions of planning, directing, leading and controlling should be adhered to by the management of Panera Bread Company in order to significantly improve the operations of the company by achieving the required targets (Kotler, 1996)

Irans Economy: SWOT Analysis

Irans Economy: SWOT Analysis Strengths: Location between the Middle East and Central Asia, with access to the Persian Gulf and Caspian Sea Iran is the eighteenth largest country in the world The economy of Iran is the twenty-fifth largest in the world by GDP (nominal) and the eighteenth largest economy in the world by purchasing power parity (PPP) world’s second largest proven oil reserves, after Saudi Arabia, world’s second largest proven gas reserves after Russia It is OPECs (Organization of the Petroleum Exporting Countries) 2nd largest oil exporter and is an energy superpower. Subsidy reform has cut domestic consumption of oil and gas and provides more for export Oil and gas aside, Iran is rich in other resources and has a strong agricultural sector Easy Access to markets of neighboring countries Iran has one of the highest urban growth rates in the world. From 1950 to 2002, the urban proportion of the population increased from 27% to 60% TSE (Tehran Stock Exchange) has been one of the worlds best performing stock exchanges in recent years. The Foreign Investment Promotion and Protection Act (FIPPA) gives some protection to foreign investors and relatively good terms for the repatriation of profits Although stifled in the years since the revolution, Iranians are known for their entrepreneurial skills, which is potentially a strong pull for foreign investors. excellent reverse engineering capabilities and technical innovation A large army including elite units two thirds of Irans population under the age of 25 Young, motivated and active work force Iran is a diverse country, consisting of people of many religious and ethnic backgrounds Iran is home to one of the richest artistic traditions in world history and encompasses many disciplines, including architecture, painting, weaving, pottery, calligraphy, metalworking and stonemasonry. Existing historical tourist attractions for improving regional tourism The culture of Iran is a mix of ancient pre-Islamic culture and Islamic culture Weaknesses: One product economy (economic growth only rely on oil and gas industry) Little international or multinational involvement. International sanctions make investment and financing transactions difficult. International sanctions discourage foreign oil companies from bringing much needed technical knowledge and equipment to maintain oil output levels. International Sanctions are eating into Iran’s oil revenues, increasing the chances of severe social unrest. International sanctions in banking system, means that the sector is underdeveloped and under-competitive After a concerted effort to reduce public debt in recent years there are signs that it is once again rising Iran has only a few allies in the region Foreign firms are unable to own hydrocarbon resources in Iran Unfavorable contract structures limit profitability for foreign investors. Inability of controlling exchange rates Limited financial or operational freedom Lack of infrastructures in different economical parts The beginning of the countrys subsidy reform program has lowered its growth prospects and accelerated inflation. Progress on privatization front remains slow despite some recent encouraging signs Structures of state-run firms are inefficient, which slows down the production process. Strict government control is highly restrictive to innovation Lack of funds in commerce and agriculture section Lack of transportation vehicles traditional production methods due to lack of advanced technologies Bureaucracy constricts entirely state-run industries. Poor research facilities (despite ability to reverse-engineer). Decision making ultimately rests with the Supreme Leader Iran has one of the poorest human rights records in the region Opportunities: There is a possibility of regional dominance in the short term due to the country’s size and influence The gas sector is underdeveloped and there is considerable room to maximize this source of revenue. government subsidized foundations that dominate Iran’s non-oil economy Any normalization of relations between Iran on one hand and the USA and its allies on the other could provide the impetus for a huge reform of the banking sector. The government has granted a number of licenses to new private banks in recent years; these private banks are growing far faster than their state-owned counterparts. A growing population, combined with a shortage of housing, provides opportunities for investment in residential construction. Widespread deployment of enhanced oil recovery (EOR) techniques could significantly boost output. Considerable untapped gas export potential US setbacks in Iraq and Afghanistan have given Iran an opportunity to assert greater strategic influence in the region Iran still has option to resolve nuclear crisis diplomatically Iran retains support in the international community, notably from China and Russia, which both oppose sanctions. Opportunities for export if restrictions are lifted. A growing realization that international assistance may be required to develop industry could see further involvement in the future. Being neighbor with underdeveloped countries of Afghanistan and Pakistan Good climate for agriculture and providing the base for expanding of these products Having young, motivated and active workforce Having border markets provide basis for crossà ¢Ã¢â€š ¬Ã‚ border interactions Existing special economical region and providing the base for economic growth Having major productive benefits in mine and industry sections Having good universities and colleges to improve professional work force in the region Expanding native culture of region and country to other neighboring countries Threats: Lack of privatization will continue to stifle the industry. Concentration on high-profile programs will detract from more essential ground forces research. Ongoing tension over Iran’s nuclear program raises the prospect of further US and UN Security Council sanctions Ethnic tensions are on the rise High youth unemployment. A decline in world oil prices would have a considerable impact on the economy. There is a serious risk of capital flight due to fears of conflict or sanctions. UN and EU sanctions on Iran pose a significant threat to the participation of foreign firms in the oil and gas sector. Non-performing loan ratios are dangerously high; there are serious concerns over the solvency of state-owned banks over the long term. Government-mandated lending to poorer Iranians at low interest rates means that banks have limited control over their lending policies. UN, US and EU sanctions on Iran’s banking and energy sectors are making it difficult for foreign companies to undertake financial transactions with Iranian entities, and risky to invest in the hydrocarbons sector. The risk of internal political instability Long-term fall in domestic oil production Changes in OPEC/national energy policy Strong regional competition Political issues make procurement decisions extremely slow. Slow pace of development. Inefficient workforce acts as a further drain on resources Not having enough infrastructures for expanding different economical sections Safety threats and consequently less investing Religious and tribal networks Immigration of professional workforce Having unsuitable weather like 120 day sand storm Lack of advanced technologies

Connection Of Biodiversity To International Relations Commerce Essay

Connection Of Biodiversity To International Relations Commerce Essay The connection between international relations and biodiversity can be linked to the evolution of both as globalization does too, which have brought among others, the increasing in international trade throughout last years. Its a fact that countries experience economic interdependence and that it is not equally shared; usually North developed countries demand raw materials or natural resources at low prices to produce goods, which later are going to be sell to southern or developing countries at higher prices; due to that southern countries are forced themselves to exploit their resources at the point that there is space for extinction rates and for biodiversity to decrease. The economic interdependence that countries are experiencing nowadays have caused high loss of biodiversity not only in flora, because of the high rates of deforestation, but also in fauna, as people even more are destroying habitats and exploiting at high levels the benefits that they could take from animals. All of that is part of an evidence to say that international relations and biodiversity are connected and also we can say that the first one can define the course of the last one; as international relations evolve, biodiversity may decrease. This is seem as a problem as international relations increase, globalization and international trade does too, and because of that, southern or commonly named developing countries which have around 20% of the worlds total biodiversity, have to exploit their natural resources, causing massive losses of species. Biodiversity is an important political issue because it depends on the relations among the most powerful economies in the world, which determines the levels of use or abuse on the natural resources available in the planet. Nowadays we are talking of interdependent capitalistic economies competing in the international arena, usually the most powerful developed countries influencing the decisions of not so developed ones. All of those changes in the worlds reality have generated changes in biodiversity too; the fact that specialization has increased as international trade does, developing countries have chosen to exploit their natural resources in order to supply developed countries the raw material they need for their manufactured goods. That in order to developing countries to expand their economies at any price, most of the times without having conscience of the consequences it might bring to the environment, even if they have that conscience, they doesnt have the economic resources to implement sustainable processes that let them exploit natural resources in a reasonable way, causing that way less extinctions or more losses on biodiversity. Reducing the rate of global biodiversity loss depends on the well management of the protected areas in the world, which represents only around the 10% of the worlds surface, which includes zones that were supposedly to be protected but in the daily use it result not be that way. The efforts of developing countries to conserve this zones usually seem to be compromise because of the bad manage they give to the financial aid, that they receive from some developed countries. Its common to find that those financial aids even if they represent some regulations and commitments, are often used in other issues or even fall in hands of corruption which in common in those developing countries. The problem for developed countries to create that kind of zones is that usually they dont have the space or they dont have the flora and fauna to protect. The issue from all of the above if that the protection from excessive use is not feasible as those natural resources represent an important part of th e countrys economy. So the solution is to use biodiversity but in a moderate way, creating protected areas and providing other options for local users. Some effective policies of protection for those areas dont need many economic resources, its enough to increase the surveillance and enforcing rules on those protected areas. But often that enforcement is not enough because the local users usually dont know where the limits are and the penalties they would receive for breaking the rules. One important element that can be useful is to create local conscience and also adapting local constituency and effective enforcement. Susanne Kleeman says in her article voices for biodiversity management in the 21st century that biodiversity management pays inadequate attention to the importance of governing institution, even if they are rules. Laws and policies are more likely to promote sustainable use and conservation of resources with the incorporation of institutions. Three factors are important for a successful conservation program: incorporating local values, ensuring consistency or rules and maintaining adequate enforcement. Due to the process of globalization, extinction rates are increasing worldwide because global warming and other human caused events; which is a reflection of the massive damage of the political and economic system has been causing. Many countries in the world promote free trade and globalization without taking care of the consequences or environmental effects, but without sustainable development policies; if it still going that way extensive trade and all that it brings into a country is going to end with all of the natural resources. In order to contribute to solve some of the environmental problems caused by international relations theres a need to create a new multilateral diplomacy because, as said by Hill, J in his article A new diplomacy for sustainable development; the challenge of global change, the environmental problems and the plans for their mitigations transcend political boundaries. So that way, countries can get into negotiations to integrate long-term perspectives in international policy more in a diplomatic environment that concerns about sustainability, cooperation and threats to the environment. This new way of diplomacy has already begun, first with the UN conference on the human environment in Stockholm in 1972, the with the Rio-Johannesburg process in 2002 and annual meetings and summits that have been realized to creating conscience and finding for solutions for more environmental friendly processes that can contribute with the global warming, which is a long term threat. Another important international actor additional to the multilateral diplomacy, are NGOs that have proven to be a very important actor when dealing with issues that have no frontiers such as environmental and biodiversity issues. Thats one of the most important reasons why NGOs must work together on redesigning the world order and put biodiversity and natural resources as hot topics on the international agenda and also in the political agenda of each country. Many international forums are opened for discussing biodiversity, in which the actors are competing to define priorities and choose the best tools for management of genetic resources, which nowadays have been one of the most important inputs of world economies because those are the raw materials of biotechnology companies. Two international agreements have emerged because of the lack of environmental regulations that is causing the extinction of those resources: the TRIPS and CBD convention on biological diversity. As coban said in his caught between state sovereign rights and properly rights: regulating biodiversity Both consider the problem of regulating to biological resources as an issue related to the capitalist relations but the difference is that the second one is a convention that seeks to protect the environment affirming that biological diversity is subject of national sovereignty, while the former one regulates biotechnology patents worldwide. The TRIPS states that intellectual property rights of corporations over genetic or biological resources are complementary in the process of capital accumulation, while CBD has been an effective awareness-raising tool. The CBD was adopted in 1992 during the Rio Summit and it recognizes the need to take action in the environmental issues, integrating the principles of equity and ethics in the use of biodiversity and also establishes that biological diversity is subject to national sovereignty; this convention has been ratified in 177 states and start its activities in 1993, focusing on the genetic resources and the access to them, technology transfers, financing of conservation policies and trade in genetically modifies organisms. One of the most important contributions of this convention is the fact that poor countries cant commit to preserve biodiversity unless developed ones provide them with technologies and financial aid, due to the use of processes that reduce abuses into the environment. This financial aid has been declining, and the international institutions and organizations that promote the protection of biodiversity has not proven to be an effective regulative framework. Nowadays international agreements are not the only involved, the private sector somehow seem to be more in favor of that sustainable development. International business coalitions also play a role in interactions between environmental regulations and private sector interests. Mainly there are 2 coalitions directly related to environmental issues, the international chamber of commerce and the global industry coalition. The former deals with biodiversity governance and environmental policies, and the latter have to do with biosafety negotiations; both of them have space in the international arena and the power to help biodiversity abuses to diminish at the international level. For international treaties and policies to work correctly, there has to be a support at the national level. Local governments have to share and implement the ideas that international treaties, policies, conventions, NGOs and other actors promote. As stated by Susanne Kleeman, biodiversity governance needs to be adapted to local conditions but aligned with global, regional and national frameworks and it calls for vertical linkages adapted to local conditions. The national government has to agree with the international politics in order to create some consistency and to share the same objectives. In conclusion, biodiversity and international relations have important connections because as more capitalistic becomes the world, natural resources are going to be exploited at much in order to satisfy the needs of trade of the developed countries. And in the other hand in order to survive economically and improve their status and living standards, developing countries would still abuse of the biodiversity with the objective of selling raw materials for the production of manufactured goods. If good conservation policies and treaties are not implemented, much of the diversity and natural resources we have probably will disappear, and after that theres not much to do. Finally unless environmental issues become central part in the international agenda, the world will suffer dramatic changes.

To Kill A Mockingbird, Movie Vs. Book Essay -- Compare Contrast Haper

To Kill A Mockingbird, Movie Vs. Book Neither the novel nor film version of To Kill A Mockingbird is superior to the other, just different. In the book you delve more into the separate characters while in the film you see the relationships in action. The book gives you a broader view of everything, but at the same time the movie points out everything that seems important. Lastly, the novel shows Scout as a girl caught in the middle, when the movie seems to paint Scout as a girl without a inkling of what is going on.   Ã‚  Ã‚  Ã‚  Ã‚  The book shows the separate characters. In the novel you see The whole character by what they say. Cal can be described as a teacher to the children. She shows them the way that others live when she takes them to her church in chapter twelve. She also remarks that â€Å"...Don’t matter who they are, anybody sets foot in this house’s yo’ comp’ny...†(p.24) this says that everyone is important no matter who they are. The statement â€Å"I know all that, Scout. It was the way he said it made me sick, plain sick.†(p.199) shows how much Dill really understands of what is going on. Jem is basically the same person in both the movie and the book. He seems to be the distant, yet loving, brother.   Ã‚  Ã‚  Ã‚  Ã‚  Although the book shows the individual people, the movie shows the relationships in action more than the book. The movie shows Cal and the children in action. It shows how they act around each other, the looks and the tones of voices that are being used, that can chang...

landscapes essay :: essays research papers

Take-Home Essay   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The world we live in today is always changing, whether it be technology or the land. As these changes take place, society must adapt to them. Many things begin to change as a result of this and society beings to turn into something completely different. One of the most overlooked changes that takes place is that of the environment and landscape. The landscape is one of the most important parts of our society’s culture and has a great effect on how we live. It seems that nowadays, many individuals are taking advantage of the land and nothing appreciating it for every thing that it is worth. Its true that not everyone is going to look at the environment and landscape in the same way, however that is no excuse to disrespect it. Then again, a whole new argument can start from that, as different individuals are going to have different views on what disrespecting the land. Many positive things have come from taking advantage of the land, and a lso, there have been many negative things to come as a result of this. It all depends on how you look at it. One thing is for sure though, no matter what the case is, the land and environment we live in plays a huge part in each of our everyday lives.   Ã‚  Ã‚  Ã‚  Ã‚  Our landscape is constantly changing, since the Big Bang Theory to present day. There are many different factors which can a huge impact on the shaping of the land. There are many natural disasters such as floods, typhoons, earthquakes, hurricanes, and even wildfires. They can change the face of the landscape and they can change the shape of the landscape. Then there is also the human factor. Many huge companies and businesses are always taking advantage, or as Denis Wood refers to as in â€Å"The Spell of the Land,† the raping of the land. It is a very rare sight to being driving nowadays and not see some type of building being built or a future sight of some type of business. There is nothing that can be done when looking at the natural disaster factor, but as for the human factor, there are steps that people can do to prevent the â€Å"raping† of the land. Again, like I touched upon in the introduction, not all usage of the land by companies is a negative thing. landscapes essay :: essays research papers Take-Home Essay   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The world we live in today is always changing, whether it be technology or the land. As these changes take place, society must adapt to them. Many things begin to change as a result of this and society beings to turn into something completely different. One of the most overlooked changes that takes place is that of the environment and landscape. The landscape is one of the most important parts of our society’s culture and has a great effect on how we live. It seems that nowadays, many individuals are taking advantage of the land and nothing appreciating it for every thing that it is worth. Its true that not everyone is going to look at the environment and landscape in the same way, however that is no excuse to disrespect it. Then again, a whole new argument can start from that, as different individuals are going to have different views on what disrespecting the land. Many positive things have come from taking advantage of the land, and a lso, there have been many negative things to come as a result of this. It all depends on how you look at it. One thing is for sure though, no matter what the case is, the land and environment we live in plays a huge part in each of our everyday lives.   Ã‚  Ã‚  Ã‚  Ã‚  Our landscape is constantly changing, since the Big Bang Theory to present day. There are many different factors which can a huge impact on the shaping of the land. There are many natural disasters such as floods, typhoons, earthquakes, hurricanes, and even wildfires. They can change the face of the landscape and they can change the shape of the landscape. Then there is also the human factor. Many huge companies and businesses are always taking advantage, or as Denis Wood refers to as in â€Å"The Spell of the Land,† the raping of the land. It is a very rare sight to being driving nowadays and not see some type of building being built or a future sight of some type of business. There is nothing that can be done when looking at the natural disaster factor, but as for the human factor, there are steps that people can do to prevent the â€Å"raping† of the land. Again, like I touched upon in the introduction, not all usage of the land by companies is a negative thing.

Thomas Hardy was an English man, who lived in England near Dorchester E

Thomas Hardy was an English man, who lived in England near Dorchester Thomas Hardy was an English man, who lived in England near Dorchester. He lived from 1840-1928 most of what he wrote is set in Dorset and the neighboring countries. He gave these the fictional name Wessex. He wrote 17 novels which one was unpublished. And around a thousand poems the melancholy hussar and the withered arm are both from the Wessex tails book. He lived on the edge of a tract of a wild heath land, which was very isolated this may have resulted in his stories being set out in the country or being isolated. Or even ending happy in the melancholy hussar or the withered arm. The social class issues, these would stop a lower class person marrying a higher-class person it was seen as a very big thing back then, there-for Dr.grove wants Humphrey to marry Phyllis, and in the withered arm Rhoda could marry farmer lodge but he does not want to as it is seen as a disgrace. Also the stigma of being an unmarried mother is tough for Rhoda and her son. Farmer lodge does not even acknowledge him wh...

Disadvantages of Social Network Essay

Having a social network or using social network might bring a lot of benefits for students but it is not all sunshine and roses because everything in life will have it own advantages and disadvantages. Thus, the first disadvantages for using social network are it can reduce one learning and research capabilities. When it is too easy for them to have information the students will rely on the accessibility of information on social media specifically and the web in general to provide all the answers to their task. This will effect on the students learning and research capabilities as they only take the information exactly from the social media without learning the topic by heart. Everything is easy to them so the students will become less interested to learn the topic and they just do the research for the sake of completing the task given. Next the disadvantages of using social network are the reduction in real human contact. The more time the students spend on these social media sites, the less time they will spend socializing in person with the others. This will reduce their communication skills as they will not be able to communicate well and effectively in person with the others. Employers nowadays become more and more unsatisfied with the communication skills of the fresh graduates due to this reason. What all might not know is effective communication skills are keys to success in the real world. In fact, there is a lack of body signals besides other nonverbal cues, including tone and inflection in case of social networking sites. Thus they cannot be considered as an adequate replacement for any face-to-face communication. Not only this, students who are spending a great deal of time on these social networking sites are not able to communicate in person in an effective manner. The last disadvantages of using social network are definitely will reduce command over language usage and their creative writing skills. As we all know social network is popular for it slangs words and shortened forms of words simply because it is believed that they are most likely like to use short form of words in order to fit in. For instance, a social media such as Twitter, it gives a limit of words in posting a tweet. Therefore, students will start to use short forms in order to be able to post something. This will make them create a new slang or forms of words that are shorter than the original words. So without a doubt when they do that students will start to get used of using slang and shortened forms of words in their essays and writings. In this point it  gives the students negative sites as it will reduce a student creative writing skills as they ignore the grammar of a sentence. When this happened, students will start to rely on the computer for their spelling and grammar check features. It will definitely reduce a student ways of using a language and creative writing skills. In brief a social network is a very useful media that gives major effect to students. Although it is all good and beneficial it also has it negative effects on the students. The way of using social network is actually depend on the student itself as they should know the real usage of social network and learn how to balance it and use the technology wisely. Students should know the guide lines and its limit every time they use the social network. This is where peers, teachers and parents need to play a major role by making the student aware of what might affect them if they use social network for good purposes and what they are missing out if they spend too much time on such social media.

Communication Plan Example Essay

Background/Purpose Description of project The Denver International Airport (DIA) Project was created to handle the projected increase in passenger travel, due to the Airline Deregulation Act of 1978. The DIA project would consist of improved airfield configuration, international facilities and efficiency in operation of regional airspace and terminal layout, reduction in noise impact, and new baggage handling and communications systems. This anticipated $1.2 billion conversion project turned out to be a $5 billion ordeal. Improper project management appeared to be the underlying cause of this costly project. The City of Denver appointed two companies, referred to herein as the project management team (PMT) to manage the DIA project. However, beginning with the selection of the architects, the PMT relinquished control by failing to maintain the City’s goals and objectives. Project Scope Provide the scope of the project The scope of the DIA was to replace Denver’s Stapleton Airport with a new runway and baggage handling system to serve the needs of the growing air travels through it city which would satisfy its needs for at least 50-60 years with an initial estimate of $1.2 billion agreed upon by Denver Mayor Federico Pena and Adams County officials in 1985. The project benefits included: Improved airfield configuration; Improved efficiency in the operations of its regional airspace; Improved and efficient terminal/concourse layout; Improved international facilities; Significant expansion capability; and Enhanced efficiency of airline operations. Communication Plan Purpose: what is the purpose of the communications plan The purpose of the communications plan is to guarantee that all parties involved in the project are communicating in an efficient and timely fashion. The plan states the audience involved, as well as the type of vehicle of communication vehicle and frequency, medium, source, task responsibilities, sensitivities, lessons learned, expected results, historical information, and closing statements. Prioritizing and organizing skills are essential elements to a communication plan in order to disseminate information in accordance with the project’s timeline to meet its goals and objectives. The project stakeholders are: City of Denver Greiner/MKE Engineering New Orleans Architectural Firm Continental Airlines United Airlines Communication Plan Scope: Scope: Why a communication plan and what it does for the project The communication plan is essential to the DIA project because it fosters accountability to the stakeholders for effective communication regarding the work that needs to be completed according to the approved deadline and costs to complete the project. Effective communication includes the method in which the information will be delivered, details about the timeline of events and any unforeseen circumstances with remedies for modification and approval. References Kerzner, H (2004). Advanced Project Management: Best Practices on Implementation, 2nd Edition, Retrieved June 23, 2013 from DeVry Library Database 24Ãâ€"7.

Developmental Psych Papere

The study of the psychological development in children has been an ongoing endeavor.   Renowned theorist, Sigmund Freud developed a psychoanalytic stage of psychological development focusing on the psychosexual development of individuals.   Erikson developed his own theory of development which spanned over one’s lifetime.   Psychological development has stirred arguments in theory from biological theorists and environmental theorists as well.Despite the uncompromised viewpoints from psychological, biological, and environmental theorists, children continue to be born, grow, and become adults without a definitive explanation to their development.   There exists the lingering question as to why some children grow and develop serious psychological disorders and learning dysfunctions when compared to other children who are devoid of any dysfunction.BackgroundAt first view, Adam is a rambunctious typical 8 year old boy.   It is noticeable that his attention span is comprom ised as he is unable to remain focused on one activity for any given length of time.   His parents, Jason and Alexis, explained that Adam was born via Caesarean section after forty-two prolonged hours of labor. A second child was born, a girl, later the following year.   At the age of 2, his parents noticed that he seemed too eager and full of energy.   After a trip to the pediatrician, they were assured that this was typical behavior for a 2 year old boy.Up to the age of 4, his parents became more distraught with their inability to control his behaviors.   By this point, Adam was sleeping three hours per night, had gotten outside the family home by picking a lock with a butter knife, was physically abusing his younger sister, had broken his collar bone jumping off a Little Tyke car, re-broken the collar bone in the doctor’s office jumping off the exam table despite the doctor’s efforts to catch him, and his parents werePSYCHOLOGY  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   3sleeping in shifts in order to keep up with his hyperactivity (personal communication, May 15, 2010).   The family received reassurance from the pediatrician who indicated that it was a phase that Adam would soon outgrow.   It is clear that both Jason and Alexis were debating whether or not Adam’s behavior was an individual difference or an abnormal behavior, but one could also suggest the possibility of the issues with Adam being related to a nature versus nurture conflict (Berryman, et al, 2002)AnalysisD iagnosisWhen Adam was 6, his parents contacted a Child and Adolescent Psychiatrist after exhausting every other known resource and outlet, including school counselors and the family pediatrician.   Adam was put through a series of developmental, biological, and psychological tests.   The psychiatrist met with the parents two-weeks following the testing phase.   It was determined that Adam was suffering from Attention Deficit Hyperactivity Disorder (ADHD) and Bipolar Disorder I.   While Jason and Alexis admit that they were horrified by the diagnoses, they have stated that they were equally relieved to finally have a name for what was wrong with their son (personal communication, May 15, 2010).The Diagnostics and Statistics Manual for Mental Disorders, fourth edition, (DSM-IV-TR) defines ADHD as being a condition often present in children indicated by behaviors and mannerisms inconsistent with the child’s developmental age (American Psychiatric Association, 1994).   Specific symptoms include restlessness, driven mood, excessive talking, distractible, and an inability to remain focused.   The American Psychiatric Association (APA) notes that learning disabilities are frequent with the diagnosis of ADHD (APA, 1994).   The diagnosis of BipolarPSYCHOLOGY  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  4Disorder I indicates that episodes of mania are or have existed in the patient.   Bipolar Disorder is defined as severe mood swings associated with elated happiness, or mania, in contrast to extre me depression, or periods of sadness (APA, 1994).TreatmentTreating both of these conditions in a child requires consistency and encouragement from the family.   From a pharmacological standpoint, these conditions are being treated with Clonodine and Depekote.   Family and cognitive therapies have been incorporated into the family’s routine.   Lab tests, blood work, are performed bi-weekly as the level of Depekote must be monitored so that it does not become toxic.   In reference to Adam’s learning disability, he is enrolled in special education classes in a public elementary school.   To date, Adam seems well adjusted and fully cooperative in taking his daily medications.   Alexis indicated that his individual therapy has helped him to recognize periods where he has become too active, whereby Adam will indicate that he needs some alone time to calm down (personal communication, May 15, 2010).DiscussionThe prognosis for these types of conditions in children is uncertain.   Years ago, a diagnosis of Bipolar Disorder in a child was unheard of, and it would seem to be more congruent with a Conduct Disorder.   Times are changing as is developmental psychology.   The origin of these conditions is not definite.   Alexis wonders if there was oxygen deprivation during labor which may have contributed to Adam’s disorders, but there is not a clear or concise medical opinion to assert this to fact (personal communication, May 15, 2010).   There are still questions as to whether or not either of these conditions may be hereditary, despite the fact that neitherPSYCHOLOGY  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  5Jason nor Alexis have any family members with either condition.   With regard to the abnormal behavior exhibited by Adam; there exists a name for the psychological dysfunction.   In relation to Adam as an individual, it is obvious that he does have specific differences than that of other children his own age.   It is still a battle and argument to be had with regard to developmental psychologists and theorists.ConclusionJason and Alexis continue to live and function with the knowledge that their son has been diagnosed with two disorders requiring constant monitoring and care.   In lieu of these conditions, they still manage to do things as any other family does.   They have a family in which one child has special needs.   For them, these needs have become the norm, even though society views these obstacles as an intrusion and inconveni ence.   Developmental psychology is a study of the ways in which one goes from being a dependent infant to a self-sufficient adult.   There are a variety of ways that each individual will accomplish such a task.   There does not appear to be any one definition by which each person grows and develops thoughts, mental processes, or abilities.   Each person simply grows by learning and adapting in order to survive.   The field of developmental psychology has much work and research ahead of itself, but it has already made great strides with regard to how society has gotten where it is.

International Human Recourse Management Essay

Undertake research to examine current trends and emerging issues within the field of International Human Resource Management (IHRM). What are some contrasting and recent frameworks, models and perspectives applied within the field of IHRM? The meaning of International Human Resource Management (IHRM) becomes more and more important in the last few years. The first time the term IHRM was used was in 1990, around the same time period ‘globalisation’ began. Initially the main function of IHRM was the organisation and management of expatriates (Festing, et al., 2013, p. 161). In 2012 the foreign affiliates of Multinational Enterprises (MNEs) of the United Nations had reached 69 million workers (Dowling, et al., 2013, p. viii). Due to this fact it becomes clear the tremendous challenge IHRM faces in our time. Furthermore the world is getting more uniform and standardised because of the globalisation. With the impact of technical, commercial and cultural development, companies must rise to new challenges and a different way of thinking (Durham & Kellner, 2006, p. 659). If we put all the different aspects together we can define IHRM as examining the HRM issues, problems, strategies, policies and practices which firms pursue in relation to the internationalisation of their business (Brewster, et al., 2011, p. 10). On the basis of current research, this essay will investigate trends and emerging issues in the field of IHRM. In the first wide field of global assignments and careers there have been changes in recent years due to the development of technology and worldwide integration. As organisations are increasingly affected by the forces of globalisation and the competition between the different companies, the prerequisites for employees are increasing as well. Due to these facts, the work life balance (WLB) has been subject to increasing investigation and has led to a significant emerging issue for all people – especially international business travellers (Festing, et al., 2013). As a consequence,  WLB is receiving attention in the IHRM field. WLB consists of two different concepts: achievement and enjoyment. You cannot get the full value from life if you are only concentrated on one concept (WorkLifeBalance, 2014). One’s daily focus on achievement and enjoyment is based in all four life quadrants: work, family, friends and self WLB. WLB is already a significant topic for HRM, however it is even more important for frequent travellers. Due to this fact, in the field of IHRM, work life balance has been  investigated by Iris Kollinger-Santer and Iris C. Fischlmayr (2013). They focused on the difference between female and male international travellers and their WLB, finding that the different stressors related to travelling have a variable intensity according to gender. For instance, the lack of time for social contact or leisure activities is a stronger stress factor for women than for men. The family situation in particular is an important influence on each gender, with women missing their family more than men. Coping strategies also vary according to gender (Kollinger-Santer & Fischlmayr). Beauregard and Henry (2009) bring different concepts to the issue of WLB. These authors try to make a link between work life balance practices and organisational performance. Therefore they discuss the differing importance of factors according to national context, job level, and managerial support and come to the conclusion that WLB practices are often combined with high organisational performance (Beauregards & Henry). Another emerging challenge beside WLB is the different types of global assignments. In recent years, working abroad as an expatriate to get international experience and to develop global skills was considered an important skill. Organisations openly promoted this process. They wanted to give their employees work experience and transcend national boundaries. However, employees are often unwilling to work abroad or those who are  willing to work abroad are leaving their international assignments early or quitting their organisations once they repatriate because of the positive effects, such as promotions and salary advancement. Another aspect that favours this situation is to compensate for the out-of-sight, out-ofmind problem that occurs when employees are physically away from their home country’s organisation (Shaffer, et al.). Due to this fact a new emerging issue is taking place within IHRM. Organisations are looking for global work alternatives for their employees to gain global work experience without losing the employee afterwards. Besides the well-known kinds of work experience, such as corporate expatriation or self-initiated expatriation, some new ways to achieve global work experience are now offered to employees. Shaffer et al. (2012) sums up the existing ways to achieve international work experience and subdivided them along the three dimensions; physical mobility, cognitive flexibility, and nonwork disruptions. Based on this knowledge, the authors interpret the major findings from their review and develop a taxonomy of these experiences as a theoretical framework for analysing past studies. They point out that all of the global work  experiences were associated with different personal and nonwork demands especially, stress and family issues. However, Shaffer et al. claim that the specific stress factor varied by the different types of global work experience. Finally, they conclude that the real challenge is not the different types of global work, but is the combination of physically moving to a foreign country with the family and learning to adapt to a new culture that creates unique family demands associated with expatriate assignments (Shaffer, et al.). In addition to the new methods to get global work experience, Vaiman and Haslberger (2013) focus on the importance of  self-initiated expatriations and take a closer look at foreign executives in local organisations (FELOs). A FELO is a rare international crosscultural management phenomenon. To find the differences between an expatriate assignment and a FELO, one must take a deeper look at the subsidiaries of multinational organisations (FELO Research, 2014). Vaiman and Haslberger derive four different types of FELOs and various types of localised FELOs as well as typologies and organisation forms. Finally they examine global careers outside of traditional, company-backed expatriate assignments, and highlight the fact that there is a rising number of foreign executives appointed in recent years (Vaiman & Haslberger). Global talent management (GTM) is a rapidly growing field within IHRM. GTM includes the connection between the importance of talent management and success in global business. In general the aim of talent management is the identification of well qualified employees in a global context and placing those people in key positions where they have the potential to impact the competitive advantage of the organisation (Scullion & Collings, 2011, pp. 3-4). GTM is still an emerging field with debates regarding many aspects of its relevance IHRM (Festing, et al., 2013). For instance, Schuler et al. (2012) focus on various challenges in the area of GTM like dealing with talent shortages, talent surpluses, locating and relocating talent, and compensation levels of talent. They present strategic opportunities and their implications for organisations in regards to these challenges, concluding that organisational need must be linked to the direction of organisational strategy and talent strategy in particular (Schuler, et al.). Clearly there is a wide area of unspecified topics in the field of GTM. In countries such as Germany, China or India, research on this subject is particularly limited, thus there has been much debate over the continuing significance of talent management in the recent years. There are two different views of the importance and the impact of talent  management (Festing, et al., 2013) According to Walk et al. (2013), talent is the most consistent and frequent factor in business success within a global context. For this reason, organisations compete across borders to get the most talented employees. The authors discovered that from the standpoint of an organisation, cross-cultural students are the most valuable, thus they tend to recruit their future employees from this group. Walk et al. also assess work expectations across diverse cultural backgrounds and concluded that differences in expectation are less between Chinese, Indian, and German students than one might suspect (Cf. Walk, et al.).  Ewerlin’s (2013) research on GTM focusses on the influence of talent management program’s attractiveness on an employer. Due to the fact that talented individuals are rare, organisations need to take care that they can position themselves as attractive employers in order to secure the best employees. Talented employees are able to pick and choose between several attractive job offers, therefore they are looking for an additional factors such as good talent management programs. Ewerlin could not confirm that there is a direct relationship between employer attractiveness and their GTM program, however she indicates that these programs should be designed for culturally differences and that personality also plays an important role in shaping the needs of individual employees (Ewerlin). If you compare the current trends and emerging issues of IHRM to the development of other departments within an organisation, especially due to the influence of other areas, there is constant change in IHRM. Additionally to the constant changes IHRM have made, there are a lot of increasing factors to the global market. Several aspects are crucial in the two huge fields of global assignments and careers and global work experience. In the first field there are different facts like work life balance and global work experience. The second area includes the current topics such as GTM programs and the connection to the attractiveness to an employer. Finally there are a lot of new areas of investigation that need to be explored and due to the fact of technical progress and the increasing globalisation it is important  to deal with new challenges in order to stay competitive in the international market. Reference List: Beauregards, T. A. & Henry, L. C., 2009. Making the link betwen work-life balance practices and organizational performance. Human resource management review, September, pp. 9-22. Brewster, C., Sparrow, P., Vernon, G. & Houldsworth, E., 2011. International Human Resource Management, London: CIPD House. BusinessDictionary.com, 2014. BusinessDictionary.com. [Online] Available at: http://www.businessdictionary.com/definition/expatriate.html Dowling, P. J., Festing, M. & Engle, A. D., 2013. International human resource management, 6th Edition. Hampshire: Cengage Learning. Durham, M. G. & Kellner, D. M., 2006. media and cultural studies. Carlton: Blackwell. Ewerlin, D., 2013. The influence of global talent management on employer attractiveness: An experimental study. German Journal of Research in Human Resource Management, pp. 279304. FELO Research, 2014. feloreseach. [Online] Available at: http://feloresearch.info/ Festing, M. et al., 2013. Current issues in International HRM: Alternative forms of assignments, careers and talent management in a global context. German Journal of Research in Human Resource Management, pp. 161-166. Kollinger-Santer, I. & Fischlmayr, I. C., 2013. Work life balance up in the air – Does gender make a difference between female and male internation business travelers. German Journal of Research in Human Resource Management, 09, pp. 195-223. Schuler, R. S., Jackson, S. E. & Tarique, I., 2012. Global talent management and global talent challenges: strategic opportunities for IHRM, New York: Journal of World Business. Scullion, H. & Collings, D. G., 2011. Global Talent Management. New York: Routledge. Shaffer, M. A., Kraimer, M. L., Chen, Y.-P. & Bolino, M. C., 2012. Choices, Challenges, and Career Consequences of Global Work Experiences: A Review and Future Agenda. Journal of Management, pp. 1281-1327. Vaiman, V. & Haslberger, A., 2013. Talent Manamgent of Self-Initaited Expatriates, Hampshire: PALGRAVE MACMILLAN. Walk, M., Schinnenburg, H. & Handy, F., 2013. What do talens want? Work expectations in India, China, and Germany. German Journal of Research in Human Resource Management, pp. 251-278. WorkLifeBalance, 2014. WorkLifeBalance. [Online] Available at: http://www.worklifebalance.com/

E-business As the Present and the Future of Business Models Term Paper

E-business As the Present and the Future of Business Models - Term Paper Example This report will also describe how web pages and websites work, as well as state what are qualities of a good web page. Seatwave The company which is going to be subject of this report is Seatwave. According to the Wikipedia site, Seatwave is a ticket exchange site, in which buyers and sellers can purchase tickets. The site acts as a middleman, much like E-Bay or other auction sites. This is how Wikipedia describes the organization – â€Å"Seatwave is an online ticket exchange service operating in the European market.[1] It was founded by Joe Cohen in 2006 and allows the purchase and sale of tickets to live events including music, theatre, and sport. Seatwave acts as the middleman, with buyers and sellers never having contact with one another, but the site guarantees all tickets. If a buyer pays for tickets that never arrive, the company will find replacement tickets or issue a full refund. The company also guarantees that all tickets come from legitimate sources. Sellers are not paid for their ticket sales until after the event has occurred and buyers have gained entrance† (Wikipedia.org). Understanding the Scope of E-Business The Seatwave is a fan to fan site, so the most relevant business model would be the customer to customer model. That said, there are also value chain issues with even a fan to fan site, so this implicates the business to business models, as well as the business to consumer and consumer to business models. Most of the models today would be considered to be customer to customer, customer business, or business to customer. Good examples of the customer business and business to customer models would be several of the models described by Tvrdikova & Koubek (2010), which are described below. E-procurement is the one business to the business model described Tvrdikova & Koubek (2010), and this is where businesses use the Internet to obtain or provide products and services to one another. Usually, these procurement models use an int egrated approach, such as combining procurement and value chain into one model (Niles, 2008), or combining products, services, and activities into one model (Zott, 2010). This is echoed by Jovarauskiene and Pilinkiene (2009), who see business to business as two partners dealing with one another, as opposed to dealing with discrete tasks, such as just value-chain or just procurement. Stockdale and Standing (2004) enumerate some of the benefits and barriers to e-marketplace participation. They state that one of the benefits is that the business can keep up with changing business landscapes, so that they are flexible and nimble, which are two excellent advantages. The changes that they cite include global market access facilitation, changed production costs and methods, enhanced communication, stimulated competition and reduce transaction costs.They also cite lower transaction costs, improved product differentiation, improved ability to enter supply chain for larger companies, improved customer service, a great potential for partnerships, access to more markets, and convenience as also being

Project, operations and supply chain management Essay - 1

Project, operations and supply chain management - Essay Example In this respect, projects adopting the traditional approach are designed in a way that the exact results expected from the project are defined with precision. As such, definite results are agreed upon between the project team and the client. On the other hand, projects adopting the agile approach start with the expectation that there may be changes in the features and requirements of the project over time. As opposed to the traditional approach, the only agreement that is set between the project team and the client is the time to the taken as well as the resources in order to deliver the most optimal results (Carroll, 2012, p. 8). Differences between the two approaches can also be noted in the implementation phase. That is, the traditional approach follows a route that is predictable and linear; the tools and techniques that are used in sequencing, organizing and assigning various tasks in the project are very inflexible. On the contrary, the agile methodology is more adaptive and follows a less linear route. Emphasis in this project management approach is put in on the people, collaboration, effective communication and customer solutions, while seeking to bring about dynamism in the project aimed at adapting to the external environment (Singh, 2012, p. 205). The leadership and management styles that are applied in projects while using the two approaches also differ greatly. In this respect, the traditional approach to project management adopts a bureaucratic, top-down approach to leadership. The leaders in such projects rely on control and command in passing instructions to their subordinates, while having clearly set roles for each of the project members. On the other hand, the agile methodology adopts a transformational leadership style whereby leaders seek to inspire their subordinates in carrying out their respective tasks. The assigning of duties among