Reviewing Personal Development Through Reflective Practice Social Work Essays

Reviewing Personal Development Through Reflective Practice Social Work Essays Reviewing Personal Development Through Reflective Practice Social Work Essay Reviewing Personal Development Through Reflective Practice Social Work Essay or professional development journals to return and better readings ( Clouder 2000 ) . The method is taken farther by Gillings ( 2000 ) in puting accent on a sincere committedness to self question and a preparedness to alter through honestness and openness. This statement is supported by Atkins ( 2000 ) by finding self-awareness of disposition and strong belief as indispensable to the brooding procedure. Ann is a transferee to the university where she easy became friends with pack groups. One weekend she was invited to come articulation a liquid event on June 28, 2008. After swimming these adolescents decided to imbibe and others took a dosage of marihuana. Ann managed to acquire excessively intoxicated that was left behind with two male childs who promised to take her place. Ann was raped that dark. The activity held outside campus was non led by the academia that legal power and duty is argued. L O G I thought it would be a sweeping instance for it concerned 11 bush leagues of the same campus, holding managed to entree spirits and drugs. I believed there was neglect and unkindness on the portion on all participants of the activity for go forthing a vulnerable miss to the attention of bullish male childs, and passed judgement that this was some fraternity issue. Because I knew of the forensic grounds and research lab consequences, it was hard to allow travel. As I struggled with myself, I discovered the ulterior developments in brooding pattern threshed that persons reach a bound reflecting entirely, unaided ( Boud, Keogh and Walker, 1985 ) and that there is more benefit to follow brooding pattern in a group puting or one-to-one forum through supervising ( Fisher 1996 ) . Other articles refer this as a guided contemplation or larning sequence by analyzing 1s feelings that an evolving of thoughts and grasp spills out. Mann ( 2008 ) nowadayss shared contemplation to harvest benefits of continuity, trust, peer support and an chance to reframe. Possible harmful results in spite the purpose to supply self way are besides expressed in other plants 1-busy work, 2-lack of impact, 3-rejection by clients, 4-misplaced assurance, 5-reflection without larning, 6-intellectualizing contemplation, 7-inappropriate revelation. The article points out that shared contemplation is enabled by free look of sentiment when there is a common sensed utility of the activity and prior brooding pattern experience. However the existent implements of shared contemplation could differ as to organisational clime and allotment of clip for contemplation. But with the many work restraints, shared brooding activities was non possible at the minute. I adamantly guided Ann to prosecute a condemnable instance. A ailment against the male child was filed in the tribunal under IS No 08-1777. However, with the jurisprudence protecting bush leagues below 16 in topographic point, the prosecuting officer dismissed all condemnable charges with ground that these male childs are below age of adulthood. It was non long that these childs are back in campus. Inquiries on the incident were in subsequences which the little establishment claiming deficiency of legal power had nil to make and nil more could be done. Cruelly plenty, the male childs taunt Ann in campus that she reports to her male parent who in return assaults one wrongdoer. Ann s male parent is charged for defeated slaying and kid maltreatment on the male child still non proven guilty. L O G I was wholly devastated with the fact violative sexual behavior shall go through without captivity or compunction, seeing that the Torahs that protect kids in struggle a turn. In every bit much as the male childs are exempt from condemnable liability, distinction between incorrect and right and the entree of mistake is non examined. While the province protects these male childs from penalty, the province did non protect Ann. Gillian Ruch ( 2008 ) points out that there is more literature on definitions of brooding pattern, when less idea is given to the conditions to ease its development. Insofar as this tool recognizes complexness andA uncertainness inherent in societal work pattern, there should be more accent on the demand for practicians to work within safe, clear, collaborative and communicative working patterns that are mutualist -in regard brooding pattern. Ann fell into depression ; thinks it was her mistake ( she was excessively intoxicated ) because she allowed the male childs to mistreat her. She caused all the problems ( her male parent beat up one of the male childs who files a kid maltreatment instance against him and the fraternity wanted to revenge ) She inflicts strivings on herself ( wrist slashing ) , ran off from place and seeks safety from mobsters. Smokes, drinks, had some larceny issues and turned promiscuous. L O G I felt responsible in some manner for this behavior and inadequate for non being able to make more. I though hard of ways to develop a positive ego and positive ego image for Ann. I involved excessively profoundly with the household, promoting parents to seek out chances to praise, reinforce, and acknowledge achievements. It consumed me, seeking to acquire Ann to an improved ability to swear others in a developed sense. Models of brooding pattern originate in different Fieldss of survey, typically depict an iterative procedure but are non explicit of the function of emotions. A simple theoretical account of contemplation is to return to the experience and take feelings into history by acknowledgment of emotion, go toing to the feelings and developing a new position ( Boud, Keogh and Walker 1985 ) . Behaviors Ideas Feelingss Returning to see aˆ? Using positive feelings aˆ? Removing blockading feelings Rhenium measuring experience New positions on experience Change in behavior Readiness for application Committedness to action Experience ( s ) Brooding procedures Results Looking at my instance from a critical position, I have prepared a simple log. L O G What was I seeking to accomplish? I wanted severely to assist Ann who was a blue smart, wholly lost in the age of adolescence. Why did I respond as I did? My defeat is coupled with the cognition of several surveies that have shown that every bit age additions in deprived communities, male childs have more autonomy than misss to research outside the place ( e.g. Jones et al. , 2000 ) . And because these deprived communities are less safe, the diminution in a miss s independent activities has crippled the overall growing of society. What were the effects of that for the patient, others, myself? I have given my all to this instance, but have clip and fund restraints with the volume and limited work force of our organisation. Ann was sent to the Center for the Prevention of Child Sexual Abuse, another NGO with structured methods on managing child sexual maltreatment instances. How were others experiencing? I came to run into the members of the kid s household, who struggled through the issues and trouble at manus. On the other portion, the households of these male childs manifested a displaced assurance. How did I cognize this? I kept in changeless communicating with the female parent until a twelvemonth after that I left work. Why did I experience the manner I did within this state of affairs? I knew that I could hold done more. And I believe there is a demand to measure the statute law. Did I act for the best? The changeless weight of work load force per unit area and prioritization is frequently of concern to us as kid protection workers. What cognition did or could hold informed me? Policy developments like these are of import to be placed in the bow to advance better apprehension of the existent degrees of hazard to kids in the assorted signifiers of societal interaction. Does this state of affairs connect with old experiences? Not peculiarly, although true I was drawn into this instance. How could I manage this state of affairs better? I should hold been upfront with the household of the statute laws in topographic point such that the affair would be dealt with outside legal position. What would be the effects of alternate actions for the patient/others/myself? There should hold been a co-ordinated attack, delegating each kid to a societal worker effectually join forcesing findings and remedy for child freak out. How do I now feel about this experience? Anger. I felt consumed by this experience and sore. Can I back up myself and others better as a effect? Yes. I have learned to separate the bounds of my work and the degree of fond regard I can let myself. How available am I to work with patients/families and staff to assist them run into their demands? I extend myself in certain state of affairss that compel or affected me more than the work should. Social work in deprived communities is hefted with several restraints, if non nerve-racking to a practician. A serious quandary is that kid protection and community is peculiarly influenced by poorness and other signifiers of inequality. It can be said that a harsher impact of multinational integrating would be an increased figure of dying people, so much more in poorer communities, where support systems are unsurprisingly ineffective with a shorthanded societal workers group. In these down countries, where the nucleus household unit is continually stressed, abuse easy coughs up. Adolescent sexual maltreatment is an experience relating to a wide spectrum of challenges across societal work development, with self-destruction as the most terrible result where much is lost. Other station injury behavior common are sexual risk-taking and substance abuse, depression, anxiousness, and panic aggression and delinquency. With the intensifying figures on maltreatment, my section puts up response to the WID ( Women in Development ) , WAD ( Women and Development ) and GAD ( Gender and Development ) plans of the Government. It is among five pilot undertakings focused on adult females, kids and household, providing a wide geographical coverage with authorization as Training Center. We use a entire direction attack peculiarly in terrible instances of force. We work closely with webs such as the Anti Child Abuse Network ( ACAN, a national web ) , Gender Equality and Development ( GEAD web in the metropolis of Baguio ) and the Regional Organization of Gender Focal Point ( ROGFP ) . The section six old ages in being is established through British financess. This concluded in 2006 go forthing behind a vacuity in the grip of Family Needs-and-Risk-Assessment of victim subsisters, including other signifiers of aid ( organizing impermanent shelter and place visits ) . My work as a societal worker involves come ining the lives of kids and households in hurt, struggle or problem. To make so requires theoretical competency and ego consciousness. Brooding pattern ensures that my motives and past experiences are used to heighten our pattern and to assist me recognize our impact on others. With it I am besides able to set up boundaries when working with kids that I have become less assumptive, although it does take experience, clip, and accomplishment. Perceptibly, it has reduced my negative experiences as a service supplier. I have the ability to step back and expression at the bigger image we are able to work more efficaciously with a service user. Contemplation ensures assurance that our responses arise from the client s state of affairs instead than our past or demands ( Lishman, 2002 ) . It prompts the rating of pattern and gives manner to chances to larn from experience by placing what worked good and what may necessitate to alter. Brooding pattern helps us to maintain our committedness of uninterrupted professional development and reinforces the importance of the attitude and keeps answerability at the head of our pattern ( Thompson, 2002 ) . A important facet of contemplation is being able to utilize the unfavorable judgment faced and utilize it-that is, turn the state of affairs on its caput, and larn something positive from it. Schon ( 1983 ) has explained, professional cognition is grounded in professional experience. L O G In one clip I consoled the female parent of this immature miss by stating her non to worry because this circumstance will do her stronger and wiser. And she snapped at me in letdown that it was the least of her involvement to derive strength and wisdom at the disbursal of her kid. For long I was in moral struggle over the instance. More so because it was a strong issue in the country of my work and to circles I involved in. Contradictions from involvement groups mounted, many merely for the benefit of group support among others. It was really sad because those injuries from the happening could non be helped. Deep inside me I questioned if we did protect the kid and should be protect a kid who abuses another kid. The contemplation of my interior struggle is drawn in the tree below. Child Protection RA 7610 Anti Child Abuse It was lay waste toing and I was frustrated. Do the most important and influential ethical theories deny the being of natural rights? I should hold been upfront with the household of the statute laws in topographic point such that the affair would be dealt with outside legal position. Action is incorrect because it ignores Ann s rights. In every bit much as the male childs are exempt from condemnable liability, distinction between incorrect and right and the entree of mistake is non examined. While the province protects these male childs from penalty, the province did non protect Ann. Ann fell into depression ; inflicts pain on herself ( wrist cut downing ) , ran off from place and seeks safety from mobsters. Smokes, drinks, had some larceny issues and turned promiscuous. Have I failed to protect and continue public involvement because of a selective indifference to information, apprehension, and cognition that bear on the saving of human values and the solution of jobs? Should policy developments as this of import be examined to promote better apprehension of the existent degrees of hazard to kids in the assorted signifiers of societal interaction? It consumed me, seeking to acquire Ann to an improved ability to swear others in a developed sense. On the other portion, the households of these male childs manifested a displaced assurance. Is policy effectual with the harsher impact of multinational integrating and increased figure of dying people, so much more in poorer communities, where support systems are unsurprisingly ineffective with a shorthanded societal workers group. With all confusion, it was my changeless brooding pattern that held me through. I so took upon myself to prosecute that this tool as a functional procedure to be performed at single degree by members of the squad and in instance conferences. The specific aims include: ( a ) Increased consciousness of RA 7610, Particular Protection of Children against Child Abuse, Exploitation and Discrimination Act and RA 9262, An Act Defining Violence Against Women and Their Children, supplying for Protective Measures for Victims, ordering Punishments hence, and for other intents ; through brooding pattern methods and attacks focused on the household as a basic societal unit, and widening to schools, universities, workplaces and the communities. ( B ) Reporting contemplation after carry oning immediate extended intervention and protection and preventative psycho-social services through proving and intervention, deliberation and guidance. ( degree Celsius ) Shared contemplations on peculiar instances for the containment of terrible conditions that farther endanger lives and state of affairss of victim subsisters, households and communities. ( vitamin D ) Shared contemplation that explores possible functions of victim subsisters and households in the brooding pattern enterprises for community acquisition. ( vitamin E ) To log these activities for the promotion of research methods and farther improvement of plans and services bringing. At this point I thought it utile to reframe the work procedure. Brooding pattern should be cardinal to reframing a procedure flow of intercession in my section. The revised diagram puts frontward the value of duologue after every procedure measure which could alter the troubles experienced through my single history ( Errington, Robertson 1998 ) . It is thought that brooding pattern adopted in a group puting by practicians should be inextricably linked to societal workers scenes. The interaction besides establishes basicss of supervising by the section caput as suggested in the Hagiographas of COT ( 1997 ) , carry oning group brooding pattern supports and promotes professional development and go oning instruction. REFRAMING INTERVENTION CHART Patient with guardian is received by WCPU Social worker Defender is made to finish the consent signifier Trauma intake interview if a patient is conducted, treatment with caretakers, comrades and relations Gathering, distillment and relaying of important information to the clinician before the interview and test Collaboration with hospital staff members on-call Physician and societal worker interview the Guardian/ caretaker Refers patient and household for impermanent shelter, repast, nutrient, fiscal aid from LGU Submits and follows up lab specimen consequences Brooding Practice 1 PATIENT INTAKE Rigorous certification of interviews, hazard appraisal and attention of the subsisters Worker conducts risk appraisal for the kid and household and decides on a program of action that best protects the kid and the household Refers child to a head-shrinker if needed Coordinates and refers client to other bureaus like OSCWD, CPTCSA, PNP and others SW provides advice and crisis guidance 4RISK ASSESSMENT ( Social worker ) The doctor carries out an appropriate forensic interview that is child sensitive, utilizing a developmental attack Social worker listens to interview an transcribes interviews as necessary 2 FORENSIC INTERVIEW The doctor and societal worker buttocks and refer patients who require reding to the head-shrinker Psychiatrist behaviors regular therapy Sessionss for the kid until the kid shows, important betterments in diagnosing 5 PSYCHIATRIC CARE Physician performs non-traumatizing medical scrutiny that adheres legal necessities for grounds aggregation, including colposcopic images Doctor besides examines kid for medical jobs non associated to the maltreatment Physician devises and implements a medical intervention program Helping the doctor in the conducting of the physical scrutiny and assemblage of specimen and other medico-legal groundss Social worker base on ballss and follow-up research lab petition. Refer lab consequences to doctors concerns and informs patient Contact and acquire nutrient from dietary for the patient as needed When necessary, referrals are made for medical services non provided by WCPU 3 MEDICAL EXAMINATION When summoned, WCPU physicians appear in tribunal to supply adept testimony about the findings 6 COURT Testimony Brooding Practice While the work of Gillings ( 2000 ) guides contemplation of feelings to intentionally measure the experience, it is expected that a peculiar state of affairs is adequately analysed and that the development of an action program follows. By reframing the procedure flow, there is better opportunity that a holistic action program evolves each clip shared contemplation takes topographic point and extra information integrated to the instance. This requires that professional development journals ( Clouder 2000 ) go portion of the work flow, where certification of group contemplations preserves the acquisition experience for the mention of future larning groups. Importantly, each group brooding pattern should get down with the apprehension of what the squad is seeking to accomplish. The sensitiveness articulated by Atkins in Burns and Bulman ( 2000 ) , is that there must be commitment and willingness to listen to the positions and penetrations of other practicians. By so, it allows for new p ostulates for practicians to use in the grip of new experiences. In consequence, an single member presents a challenge and has these positions and positions provoked by inquiries of fellow practicians, and portion the procedure taking to appropriate actions. It is an application of the work of Kristina Gower ( 2002 ) that through the procedure of shared contemplation, an avenue is set for the person to concentrate on themselves and what they are coping at work. It is argued in many Hagiographas that shared contemplation when practiced efficaciously and with consistence, enables practicians to be unfastened with each other and capable of trust. I think it is most needed today where globalization has caused upon a alteration in the societal constructions of communities and societal workers are faced with new kinds of challenges. By mere procedure of jotting down ideas in a descriptive mode, unloads the emotions held within. What is more is when it is read, it is an act of distancing from ego, leting one to see if our responses were appropriate to the state of affairs. Shared Reflection Session Adapted from National Primary and Care Trust Development Programme 2008 Show your challenge, penetration, issue, or inquiry Set members question you constructively to dispute positions and apprehension, perceptual experiences, and premises New penetrations, understanding or thoughts Test actions in the workplace Draw decisions and grade acquisitions. Integrate the new cognition into the pattern Bring consequences back to put. What worked? What did non? Why? Each clip group contemplation is carried out, a new interaction or signifier of contemplation occurs, or single contemplation is deepened. The chart below depicts continues growing expected of duologues amongst practicians. Proper recording of the analyses, struggle and interaction must be ensured for future growing of the section. By and big, globalisation altered the traditional functions in society that sense of community is difficult to come by. The greater impact nevertheless falls on less developed states where near household ties have touchable effects on income beginnings, every bit personal growing. While conventional theory avers household as the cardinal societal establishment, it is opposed by the altering times. The present phenomenon sees the household unit split on a monolithic graduated table taking to less safer communities for the kid. Because it is so, brooding pattern intertwines with the pattern of societal work. Interactions in delicate affairs of household, and in state of affairss of uncomfortableness, it is indispensable that societal workers maintain brooding pattern to unearth penetrations every bit much as for the involvement of self saving in pressing issues by changeless ego consciousness. While pattern is located within the ancient tradition of experiential acquisition and in the late defined position of located knowledge, both return us to the basic comprehension that non all jobs are of equal dimensions. What is more is non the range or dimensions of the job but the significance of the job to the kid we work with ( Osterman, 1993 ) . This is reinforced in the manuscript Changing Lives reappraisal of societal work by Peter Lewis, where it relates the emphasized demand for more brooding pattern. Appointed manager of kids s services at Haringey, a first response was to direct off societal work staff on brooding pattern classs at the Tavistock Clinic ( Cooper, 2010 ) . Of class, a immense obstruction to reflective pattern and clearly widespread in England comes with the fastening budgets, even when surveies have increasing shown the relevancy of brooding pattern as an indispensable portion of societal work determination devising. That is the sheer volume of the work and its impact, as a societal worker, one is stressed and overwhelmed that is likely to excessively place with a kid at work or with the parents. As a consequence it becomes hard to keep objectiveness and stand back. Kim Poupart ( 2010 ) relents that Peoples get stirred up by kid protection work. For illustration, if person is forced to look at slides of maltreatment it is painful for them to see. Unless they can reflect about how disquieted and angry they feel they will be unable to pull off their feelings in relation to the work and determinations they need to do. The survey elaborates on the of import elements of reflective pattern which allows for a deeper apprehension of: ( 1 ) The function emotion plays in decision-making, ( 2 ) Patterns happening the grounds for gut feelings, ( 3 ) Confirmation prejudices or reluctance to abandon a pre-formed sentiment, ( 4 ) Attribution mistake on imputing behavior to personality traits instead than the context, and ( 5 ) Hindsight mistake. While brooding pattern in societal work can non be disguised, acceptance on personal properties should be upheld. These personal properties lending to the flawlessness of brooding pattern are: values, perceptual experience of the universe, self-perception, emotional position and interaction with the external environment ( Maree C, 2010 ) . The ascertained accomplishments taking toward such competences are developed at early parts of the profession. Course course of studies have incorporated cognitive-structural theories, human development theories, and thorough survey of postmodern Hagiographas on brooding patterns in group and separately. Neil and Sue Thompson ( 2009 ) suggest that At the bosom of brooding pattern is the thought that our actions should be informed by a cognition base that we engage with actively. In which instance responses are non by modus operandi or by wont but instead through sincere and considerate apprehension of the state of affairs faced, therefore guarant ing the practician sees beneath the surface of things. In decision, brooding pattern contributes to professional development and in a mode rather hard to mensurate. Particularly in my instance, it was the beginning of great strength with the several hard determinations and challenges unearthed in kid protection work. I could candidly state that this instance was a moral challenge since it compelled implementing a jurisprudence that I do non believe is wholly good. Similarly, we run the hazard of reenforcing bing inequalities and potentially oppressive procedures in the absence of proper contemplation and brooding pattern. In some organisations, this is seen to come in the manner of work, particularly to traditional foremans who think that adding procedures is an consequence of non holding adequate work to make. Through brooding pattern I come to appreciate All things equal, I strongly believe that it there are good picks and better results for kids when contemplation is performed. I see things otherwise.

Absolutely!

Absolutely! Absolutely! Absolutely! By Maeve Maddox Not a month goes by that someone doesn’t write to complain about the ubiquity of the word absolutely. The following objections to this word are typical: Please answer a question without starting with the word absolutely. Its driving me mad, please please stop. What’s wrong with responding, â€Å"without a doubt,† â€Å"you bet,† â€Å"of course,† â€Å"for sure,† or simply â€Å"yes†? It [strikes] me as ironic that perfectly good English words and phrases like thats correct and yes [are] being usurped by the invasive absolutely. Complaints about absolutely have been circling the Web for at least 18 years. It was on the Lake Superior State University’s list of banished words in 1996. It continues to be the object of wrath on many blog sites, and it made another appearance on the LSSU list in 2014. Perceptions that absolutely as a synonym for â€Å"yes† is a recent tic have led people to speculate as to what or whom to blame for introducing it into popular speech. In 1996, a critic put the blame on the movie Rocky (1976). However, the citations in the OED indicate that absolutely has been used as an affirmation since 1825: Is it permitted me to ask your majesty whether the opinion of the queen is conformable to that of your majesty? Yes, absolutely; she will tell you so herself. (1825) Is such really the state of matters between you and Rivers? Absolutely, sir! (1847) Do you mean to say that if he was all right and proper otherwise youd be indifferent about the earl part of the business? Absolutely. (1892) Absolutely is not confined to use as a word for â€Å"yes.† It is also used to modify words in every type of context, from baby clothes to wartime atrocities: Fifteen Absolutely Darling Onesies Pablo Hernandez scored an absolutely outrageous no-look back-heel against Atletico Madrid this evening. The Absolutely Most Delicious Wrap and Sandwich Recipes Cookbook Killing reporters during battles in southeastern  Ukraine  is  absolutely unacceptable. In each of these examples, absolutely is being used as an empty intensifier, the way awesome is so often used. Sometimes absolutely is used functionally, as in this household tip: Get all the  clothes  that you want to store  absolutely clean and dry. Here the meaning is, â€Å"to the fullest extent.† In a 2009 article on the CNN website, Rex Bossert, an assistant dean at the University of California, Irvine School of Law, is quoted as blaming O.J. Simpson for introducing absolutely as the ultimate modifier. Bossert points out that when Simpson was arraigned in 1994 and was asked how he pled, he didn’t say simply â€Å"not guilty†; he said, â€Å"Absolutely, 100 percent not guilty.† Why does a word that ranks so high among verba non grata continue to remain so popular? The CNN article also quotes an account executive who has embraced absolutely as her word for â€Å"yes† because it sounds reassuring: Absolutely sounds confident and sure. In times of ambivalence, people could use a bit of semantic surety. When you use it, you just feel more confident. Unfortunately, many speakers perceive absolutely as the contrary of reassuring. In the view of one college student at the University of Oregon, [Absolutely] now means â€Å"a lot of bull.† It’s like â€Å"whatever,† or â€Å"sure.† It grates on me when a professor or another student says â€Å"absolutely† because saying it means they’re a phony (2010). Bottom line: Absolutely as both a synonym for â€Å"yes† and a meaningless intensifier will probably be with us for some time. Professionals need to be aware that promiscuous use of the word is annoying, and that many speakers view such use as evidence of insincerity, untrustworthiness, and mental vacuity. vacuity (noun): complete absence of ideas; vacancy of mind or thought. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Style category, check our popular posts, or choose a related post below:Yours faithfully or Yours sincerely?Ten Yiddish Expressions You Should KnowA "Diploma" is not a "Degree"

Leadership Apollo 13 movie Essay Example | Topics and Well Written Essays - 500 words

Leadership Apollo 13 movie - Essay Example One of the key characters in the film is Jim Lovell; whose real name is real life is Tom Hanks. Tom Hanks depicts the qualities of a leader as depicted by DuBrin in his book â€Å"Leadership†. Jim Lovell portrays some of the most appropriate leadership character traits which deal with interpersonal aspects of a leader. According to DuBrin, Leadership has everything to do with motivation and change among other aspects (35). Other aspects that DuBrin classifies as part of a leader’s role are the administrative and planning aspects. Apollo 13 has the appropriate example of how a leader should act when there are challenges, which are unexpected in an organization. Jim Lovell is portrayed as a charismatic leader, one who is quick in action and a fast thinker when there is a crisis. This character trait is evident in one of the scenes where Jim Lovell and other astronauts approach their long awaited destination. Before landing, the craft’s power system starts having a problem and the crew’s supply of oxygen also runs out. This is the time Jim Lovell’s leadership skills are put to the test when the crew begins to panic. The crew members were aware that there was a problem and time was running out. From this scene, viewers get to see Jim Lovell as a democratic leader, as he favors no crew member when they start panicking and each member is allowed to contribute to decision making. As DuBrin indicates in his book, for a person to be considered an effective leader, he or she has to be aware of cer tain tactics of influencing people (263). On page 263, DuBrin’s point is that when such a person has the ability to influence, he has the power as a leader. Jim Lovell is also depicted as a hands-on leader. DuBrin states that hands-on leadership is required in all areas, if the leader is to be classified as an effective leader (250). Lovell is directly involved in the lives of his crew members. This can be evidenced in the beginning of the film, where Lovell decides

Executive Diploma in Management Essay Example | Topics and Well Written Essays - 2000 words

Executive Diploma in Management - Essay Example In the following case the seven part model is applied to Southwest Airlines Strategy: Southwest Airlines has been in a business of low cost carriers operating .Their mission is to â€Å"To operate in a cost-effective and environmentally beneficial way while conserving environmental resources.†The mission of Southwest Airlines is dedication to the highest quality of Customer Service delivered with a sense of warmth, friendliness, individual pride, and Company Spirit. The competition included United Airlines and Continental Airlines. Although, railway and buses can be a substitute too. The strategy of Southwest thus revolves around this mission. It follows a low cost niche strategy with frequent flights in underutilized places and close in to a metropolitan. Southwest has simpler and cheap travel plans. The low cost strategy is followed by flying just one type of plane, the Boeing 737 series. That saves Southwest millions in maintenance costs, which includes spare-parts inventories, mechanic training and other nuts-and-bolts airline issues. SWA follows point-to-point flying. Most of the time it flies nonstop between two points. Costs are cut by less time that planes sits on the ground and also allows the average Southwest aircraft to be in the air for more than an hour longer each day. Southwests avoid-the-hubs strategy also pays dividends in the case of on-time operations. SWA has simple on-flight service. There is just one class of service on flight with no assigned seats. There are no meals just beverages and snacks SWA also follows a no frills, no fees. The airline only sells one-way fares and only in a few ranges of price. It keeps costs down and saves cost as complex fare structures are expensive to manage. Structure: The HR dept forms the bridge between all department ensuring cooperation and coordination between them. The department does an amazing job in continually feeding back information to employees

Life in the 13 Original Colonies Essay Example for Free

Life in the 13 Original Colonies Essay In the 1600’s and 1700’s, the economies of the northern and southern colonies were affected due to many different factors. Because of the different climates and geography of their land, the northern colonies and southern colonies had different resources available to them, which shaped their societies into what they are today. The resources available to the northern colonies were completely different from the resources that were available to the southern colonies. In the northern colonies, due to the climate and geography of their land, crop growth wasn’t as successful as it was in the south. The could weather and rocky land made it hard for them so as time went on, the northern colonies became more of an industrial people and relied more on manufacturing things like naval equipment and rum. A few of the northern colonies participated in what they called a triangular trade system where New England traded rum for slaves from Africa and then these slaves were given to the west indies in exchange for sugar and molasses, which was made into rum again. The northern colonies heavily relied on this system and it was this that brought New England success. In the south, the climate was mainly warm and perfect for crop growth so the southern colonies became more agricultural. The main reason the south had such great success in the area of crop growth was because they discovered a great cash crop called tobacco. Due to it’s addictive nature and great taste, the demand for it was very high. The south purchased tons of slaves because farmers relied on slavery to help the success of their farms and crops. They were different from the northern colonies in this way because the north rarely used slaves. They merely transported them. Education was strongly affected by the geography and climate also, believe it or not. The North was cold and hard to grow crops in so they were more industrial based. This meant that all of the people needed to know how to read and write in order to make deals with the other nations. In the northern colonies, there were very few public schools. Therefore, the parents of children usually just hired a tutor until they went off to a university. If the family couldn’t afford a tutor, then they either sent the child to a public school, or didn’t educate them at all. In the south, the climate and geography was perfect for growing crops. Therefore most people lived on large farms called plantations. There was less emphasis on education in the south because most of the people were  slaves or indentured servants. Also, even many of the landowners didn’t know how to read or write because not much is needed to know in order to farm and they didn’t have to worry about trading overseas. They left that to the north. Ultimately, the geography and climate of the northern and southern colonies was the main factor that shaped the societies into what they are today. For instance, the north had horrible luck in climate for crop growth, which made them more of an industrial group of settlers. The south thrived on crop growth, which made them more of an agricultural group of settlers.

degenerate characteristics of dracula :: essays research papers

Degenerate Characters of Dracula In the novel, Dracula, Bram Stoker puts together a variety of characters with several characteristics that are unique and somewhat alike in many ways. One way that some of the characters are similar is that they show signs of being a degenerate. A degenerate is a person who has sunk below a former or normal condition and lost normal or higher qualities. These people most likely have mentally and sometimes physically become deteriorated to the point where they no longer can think and function as a normal person would. Two characters in the novel that stand out as degenerates are Dracula and Renfield. Both are degenerates in their own ways and also have characteristics that are in some ways the same. They follow most of the traits that degenerates contain and portray it throughout the novel. The best way to imagine a degenerate person would be to think of people on death roe in prison. The ones that aren’t remorseful for what they did, and could care less about what others think. They do not know what is right from wrong, and even if one tried to explain it to them, they couldn’t figure it out. Degenerates have no common sense, let alone a functioning brain. They are most definitely missing a few screws in there heads. These two characters of Dracula and Renfield both have a lot of these traits that degenerates consist of. Dracula most definitely contains degenerate characteristics throughout the novel. He has a lack of compassion for people’s well being, and has signs of selfishness. Vampires fit under the degenerate theme very well. How he became a vampire we are not sure, although Van Helsing calls him King-Vampire, because of his consistency and power driven obsessions towards his cravings. His powers include a wide range of abilities in which some are beyond the powers of the other vampires or immortal people in the novel. Degenerates are predestined to crime and don’t know why it is wrong. Van Helsing wrote of Dracula by saying, "The Count is a criminal and of criminal type. Nordau and Lombroso would so classify him, and qua criminal he is of imperfectly formed mind" (Stoker chapter 28). With all his killings and bites he proceeds on people, Dracula fights the degenerate theme. Renfield as well has qualities and characteristics of degenerates throughout the novel. Renfield was taken under the care of Dr. degenerate characteristics of dracula :: essays research papers Degenerate Characters of Dracula In the novel, Dracula, Bram Stoker puts together a variety of characters with several characteristics that are unique and somewhat alike in many ways. One way that some of the characters are similar is that they show signs of being a degenerate. A degenerate is a person who has sunk below a former or normal condition and lost normal or higher qualities. These people most likely have mentally and sometimes physically become deteriorated to the point where they no longer can think and function as a normal person would. Two characters in the novel that stand out as degenerates are Dracula and Renfield. Both are degenerates in their own ways and also have characteristics that are in some ways the same. They follow most of the traits that degenerates contain and portray it throughout the novel. The best way to imagine a degenerate person would be to think of people on death roe in prison. The ones that aren’t remorseful for what they did, and could care less about what others think. They do not know what is right from wrong, and even if one tried to explain it to them, they couldn’t figure it out. Degenerates have no common sense, let alone a functioning brain. They are most definitely missing a few screws in there heads. These two characters of Dracula and Renfield both have a lot of these traits that degenerates consist of. Dracula most definitely contains degenerate characteristics throughout the novel. He has a lack of compassion for people’s well being, and has signs of selfishness. Vampires fit under the degenerate theme very well. How he became a vampire we are not sure, although Van Helsing calls him King-Vampire, because of his consistency and power driven obsessions towards his cravings. His powers include a wide range of abilities in which some are beyond the powers of the other vampires or immortal people in the novel. Degenerates are predestined to crime and don’t know why it is wrong. Van Helsing wrote of Dracula by saying, "The Count is a criminal and of criminal type. Nordau and Lombroso would so classify him, and qua criminal he is of imperfectly formed mind" (Stoker chapter 28). With all his killings and bites he proceeds on people, Dracula fights the degenerate theme. Renfield as well has qualities and characteristics of degenerates throughout the novel. Renfield was taken under the care of Dr.

Business Task 1 on individual report Essay

Business Task 1 on Individual report Introduction Part A: Analysis of the structure of industry Identification and description of the structure of the industry                   Despite its future economic prospects, the United Arab Emirates continues to suffer from corporate governance issues. The development of corporate governance in the region has largely been influenced by religion (Gellis et al., 2002). The rules governing the practice of corporate governance have been significantly influenced by Islamic Sharia. This reflects the cultural and religious characteristic of the region (Islam and Hussain, 2003). Islamic Sharia specifies a number of core values such as trust, integrity, honesty and justice which are similar to the core values of corporate governance codes in the West. However, a survey of corporate governance in a number of Gulf countries such as United Arab Emirates suggests that the region continues to suffer from corporate governance weaknesses. 2.0 Reasons for the structure including use of suitable evidence and data                   The structure of the above sectors and reasons for the structure and effects on the performance of firms has been vital subject of debate in the finance literature. Empirical evidence suggests that privately held firms tend to be more efficient and more profitable than publicly held firms. This shows that ownership structure matters. The question now is how does it affect firm performance and why this kind of structure? This question is significant since it is based on a research agenda that has been strongly promoted by La Porta et al. (1998; 1999; 2000).                   According to these studies, failure of the legislative framework to provide sufficient protection for external investors, entrepreneurs and founding investors of a company tend will maintain large positions in their firms thus resulting in a concentrated ownership structure. This finding is interesting because it implies that ownership structure can affect the performance of the firm in one way or the other. It is indisputable; the lack of regulations in corporate governance gives managers who intend to mishandle the flow of cash for their own personal interest a low control level. The empirical results from the past studies of impacts of ownership structure on performance of corporate have been inconclusive and mixed up (Turki, 2012).                   In response to corporate governance issues and their impact on corporate performance, Shleifer and Vishny (1997); and Jensen (2000) have suggested the need for improved corporate governance structures so as to enhance transparency, accountability and responsibility.                   Corporate governance reform and the introduction of innovative methods to limit abuse of power by top management have been justified by recent large scale accounting and corporate failures such as Enron, HealthSouth, Tyco International, Adelphia, Global Crossing, WorldCom, Cendant and the recent global financial crisis.                   According to Monks and Minow (1996) numerous corporate failures suggest that existing corporate governance structures are not working effectively. Corporate failures and accounting scandals initially appear to a U.S phenomenon, resulting from excessive greed by investors, overheated equity markets, and a winner-take-all mind-set of the U.S society. However, the last decade has shown that irregularities in accounting, managerial greed, abuse of power, are global phenomenon that cannot be limited to the U.S. Many non-U.S firms such as Parallax, Adecco, TV Azteca, Hollinger, Royal Dutch Shell, Vivendi, China Aviation, Barings Bank, etc. have witnessed failures in corporate governance and other forms of corporate mishaps.                   In addition to corporate governance failures, global standards have declined significantly and unethical and questionable practices have become widely accepted. The net impact has been a reduction in the amount of faith that investors and shareholders have in the efficiency of capital markets. There is no universally accepted corporate governance model that the interest of shareholders and investors are adequately protected as well as ensuring that enough shareholder wealth is being created (Donaldson and Davis, 2001; Huse, 1995; Frentrop, 2003).                   Much of the debate on corporate governance has focused on understanding whether the Board of Directors has enough power to ensure that top management is making the right decision. The traditional corporate governance framework often ignores the unique effect that the owners of the firm can have on the board and thus the firm’s top management. The traditional framework therefore ignores that fact that the owners of the firm can influence the board and thus top management to act of make particular decisions. Corporate governance studies are therefore yet to identify and deal with the complexities that are inherent in corporate governance processes (Jensen, 2000; Shleifer, 2001; Frentrop, 2003; Donaldson and Davis, 2001; Huse, 1995).                   Investment choices and owner preferences are affected among other things by the extent their degree of risk aversion. Owners who have economic relations with the firm will be interested in protecting their interests even if it is reasonably evident that such protection will result in poor performance. According to Thomsen and Pedersen (1997) banks that play a dual role as owners and lenders would discourage high risk projects with great profit potential because such projects may hinder the firm from meeting its financial obligations if the project fails to realize its expected cash flows. The government also plays a dual role in that it serves as both an owner and a regulator. Therefore owners who play a dual role in the firm often face a trade-off between promoting the creation of shareholder value and meeting their other specific objectives (Hill and Jones, 1992).                   Existing corporate governance frameworks have often ignored these issues in UAE. Rather, much of the emphasis has been on the effectiveness of the board in ensuring that top management is working towards meeting the goals of shareholders. Present corporate governance frameworks lack the ability to monitor owners and their influence on top management. The framework lacks the ability to align the role played by firm owners, board of directors and managers’ interests and actions with the creation of shareholder value and welfare motivation of stakeholders. Discussion of the possible future structure of the industry                   The United Arabs Emirates, and mainly Abu Dhabi, is enduring to increase its economy by reducing the total proportion impact of hydrocarbons to Gross Domestic Product. This is currently being done by growing investment in sector areas like: services in telecommunication, education, media, healthcare, tourism, aviation, metals, petrochemicals, pharmaceuticals, biotechnology, transportation and trade.                   Significant investments have been made by United Arab Emirates to establish itself as a regional trade hub. United Arab Emirates is also member of the World Trade Organization (WTO). In addition, there are ongoing negotiations to establish free trade agreements with other regions and countries such as the EU. These factors will contribute positively to the region’s integration into the global economy. United Arab Emirates is currently working towards diversifying their economies from the oil sector into other sectors. This diversification is expected not only to increase trade among member countries but also to increase the region’s trade with other countries and regions (Sturm et al., 2008). How the structure affects strategy decisions                   Ownership structure has an impact on firm performance in United Arab Emirates energy production owned sector. This region has witnessed significant economic growth over the last few decades. The region is also facing turbulent times with respect to corporate governance practices, resulting in poor firm performance. Corporate governance issues are not limited to the United Arabs Emirates as part of GCC Countries. From a global point of view, corporate governance has witnessed significant transformations over the last decade (Gomez and Korine, 2005). As a result, there has been an interest in the research attention accorded to corporate governance. The credibility of current corporate governance structures has come under scrutiny owing to recent corporate failures and low corporate performance across the world.                   The risk aversion of the firm can be directly affected by the ownership structure in place. Agency problems occur as a result of divergence in interests between principals (owners) and agents (managers) (Leech and Leahy, 1991). The board of directors is thereby regarded as an intermediary between managers and owners. The board of directors plays four important roles in the firm. These include monitoring, stewardship, monitoring and reporting. The board of directors monitors and controls the discretion of top management. The board of directors influences managerial discretion in two ways: internal influences which are imposed by the board and external influences which relate to the role played by the market in monitoring and sanctioning managers (Jensen and Meckling, 1976; 2000). B: Contribution of the sector to the economy of your chosen country Analysis of contribution of sector                   United Arab Emirates remain major global economic player because it has the highest oil reserves. UAE together with the other Gulf Cooperation Council accounts for over 40% of global oil reserves and remains important in supplying the global economy with oil in future. As a result, investment spending on oil exploration and development of new oil fields is on the rise (Sturm et al., 2008).                   Global oil demand is currently on the rise. This growth is driven mainly by emerging market economies, as well as the oil producing UAE as part of GCC countries. In addition, Europe and the U.S are witnessing depletions in their oil reserves. This means that these regions will become increasingly dependent on the Gulf region which includes UAE for the supply of oil (Sturm et al., 2008). The importance of the United Arabs Emirates as a global economic player is therefore expected to increase dramatically in the near future Use of appropriate data and other evidence                   By the year 2011, the GDP of United Arab Emirates totaled to 360.2 billion dollars. Subsequently in 2001, yearly growth of GNP varied from about 7.4% to 30.7%. As part of the chief crude oil suppliers, the United Arab Emirates was at first cut off from the universal recession by high prices on oil that rose to a record 147 US dollars per barrel in the month of July in 2008. Nevertheless, the nation was ultimately influenced by the excavating worldwide recession which resulted to a decline in oil demand, reducing the oil prices to a reduced amount not exceeding a third of the peak of July 2008. In the last 2008 months, the trembles rumbling through global economies were lastly experienced in this section. Oil (million barrels) Proved reserves, 2013 Total oil supply (thousand bbl/d), 2012 Total petroleum consumption, 2012 Reserves-to-production ratio 97,800 3,213 618 95 Natural Gas (billion cubic feet) Proved reserves, 2013 Dry natural gas production, 2012 Dry natural gas consumption, 2012 Reserves-to-production ratio 215,025 1,854 2,235 116 UAE summary energy statistics C: Critical appraisal of sustainability targets on business plan of your chosen organisation                   Oil firms in United Arab Emirates is still quite immature. Most businesses are controlled by a few shareholders and family ownership is prevalent. Most large and small businesses are family businesses (Saidi, 2004). The state is also significantly involved in the management of companies (Union of Arab Banks, 2003).                   This is contrary to the status quo in Western democracies where firms are owned by a diverse group of shareholders which makes ownership to be completely separated from control. The ownership structure in United Arab Emirates suggests that stewardship and monitoring aspects of non-executive directors (NEDs) is absent in firms based in United Arab Emirates. Ownership concentration has remained high in the region because of practices such as rights issues which enable existing wealthy shareholders, and influential families to subscribe to new shares in Initial Public Offerings (IPOs) (Musa, 2002).                   According to a study of the corporate governance practices of five countries by the Union of Arab Banks (2003), ownership of corporations is concentrated in the hands of families. In addition, corporate boards are dominated by controlling shareholders, their relatives and friends (Union of Arab Banks, 2003). There is a no clear separation between control and ownership. Decision making is dominated by shareholders. The number of independent directors in the board is very small and the functions of the CEO and Chairman are carried out by the same person. The high concentration in firm ownership therefore undermines the principles of good corporate governance that are prevalent in western settings (Yasin and Shehab, 2004). This evidence is consistent with findings by the World Bank (2003) in an investigation of corporate governance practices in the Middle East North Africa (MENA) region which also includes the Gulf region. 1.0 Objective of empirical evidence                   The empirical evidence on the impact of ownership structure on firm performance is mixed. Different studies have made use of different samples to arrive at different, contradictory and sometimes difficult to compare conclusions. The literature suggests that there are two main ownership structures in firm including dispersed ownership and concentrated ownership. With respect to concentrated ownership, most of the empirical evidence suggests that concentrated ownership negatively affects performance (e.g., Johnson et al., 2000; Gugler and Weigand, 2003; Grosfeld, 2006; Holmstrom and Tirole, 1993). Different studies have also focused on how specifically concentrated ownership structures affect firm performance. For example, with respect to government ownership, Jefferson (1998), Stiglitz (1996), and Sun et al. (2002) provide theoretical arguments that government ownership is likely to positively affect firm performance because government ownership can facil itate the resolution of issues regarding the ambiguous property rights.                   However, Xu and Wang (1999) and Sun and Tong (2003) provide empirical evidence that government ownership has a negative impact on firm performance. On the contrary, Sun et al. (2002) provide empirical evidence that government ownership has a positive impact on firm performance. It has also been argued that the relationship between government ownership and firm performance is non-linear. Another commonly investigated ownership type and its impact on firm performance is family ownership. Anderson and Reeb (2003), Villanonga and Amit (2006), Maury (2006), Barontini and Caprio (2006), and Pindado et al. (2008) suggest that there is a positive link between family ownership and firm performance. Despite the positive impact some studies argue that the impact of family ownership is negative.                   The impact of foreign ownership has also been investigated. Most of the evidence suggests that foreign ownership has a positive impact on firm performance (e.g., Arnold and Javorcik, 2005; Petkova, 2008; Girma, 2005; Girma and Georg, 2006; Girma et al., 2007; Chari et al., 2011; Mattes, 2008).With respect to managerial ownership, it has been argued that the relationship is likely to be positive (Jensen and Meckling, 1976; Chen et al., 2005; Drobetz et al., 2005). Despite this suggestion Demsetz and Lehn (1985) observe a negative relationship between dispersed ownership and firm performance. Institutional ownership has also been found to have a positive impact on firm performance (e.g. McConnell and Servaes, 1990; Han and Suk, 1998; Tsai and Gu, 2007). Furthermore, some studies suggest that there is no link between insider ownership and performance .                   Very limited studies have been conducted on the impact of ownership structure on firm performance in GCC countries like UAE. For example, Arouri et al. (2013) provide evidence that bank performance is affected by family ownership, foreign ownership and institutional ownership and that there is no significant impact of government ownership on bank performance. Zeitun and Al-Kawari (2012) observe a significant positive impact of government ownership on firm performance in the Gulf region.                   The pervasive endogeneity of ownership has been cited as a potential reason why it is difficult to disentangle the relationship between ownership structure and firm performance. In addition, the relation may be a function of the type of firm as well as the period of observation in the life of the firm. This study is motivated by the mixed results obtained in previous studies and the limited number of studies that have focused on UAE as part of GCC countries. The objective of the study is to explore in more details the factors that motivate particular types of ownership structure and the potential impact of ownership structure and firm performance in the Gulf region 2.0 Empirical Evidence                   The empirical evidence will focus on how different ownership structures affect firm performance. Firms are often characterized by concentrated and dispersed ownership. Concentrated ownership is expected to have a positive impact on firm performance owning to the increased monitoring that it provides (Grosfeld, 2006).                   Dispersed ownership has been found to be less frequent than expected. Empirical evidence suggests that most firms are characterized by various forms of ownership concentration (La Porta et al., 1999). Given this high level of ownership concentration, there has been an increasing concern over the protection of the rights of non-controlling shareholders (Johnson et al., 2000; Gugler and Weigand, 2003). Empirical evidence shows that ownership concentration at best results in poor performance. Concentrated ownership is costly and has the potential of promoting the exploitation of non-controlling shareholders by controlling shareholders (Grosfeld, 2006). Holmstrom and Tirole (1993) argue that concentrated ownership can contribute to poor liquidity, which can in turn negatively affect performance. In addition, high ownership concentration limits the ability of the firm to diversify. There are various forms of concentrated ownership such as government ownership , family ownership, managerial ownership, institutional ownership and foreign ownership. In the next section, the literature review will focus on how these separate ownership structures affect firm performance. 2.1.1 Government Ownership                   The impact of government ownership on firm performance has attracted the attention of many researchers because the government accounts for the largest proportion of shares of listed companies in some countries and also because government ownership can be used as an instrument of intervention by the government (Kang and Kim, 2012). Shleifer and Vishny (1997) suggest that government ownership can contribute to poor firm performance because Government Owned enterprises often face political pressure for excessive employment. In addition, it is often difficult to monitor managers of government owned enterprises and there is often a lack of interest in carrying out business process reengineering (Shleifer and Vishny, 1996; Kang and Kim, 2012). Contrary to Shleifer and Vishny (1997) some economists have argued that government ownership can improve firm performance in less developed and emerging economies in particular. This is because government ownership can f acilitate the resolution of issues with respect to ambiguous property rights.                   The empirical evidence on the impact of state ownership on firm performance is mixed. For example, Xu and Wang (1999) provide evidence of a negative relationship between state ownership and firm performance based on data for Chinese listed firms over the period 1993-1995. The study, however, fails to find any link between the market-to-book ratio and state ownership (Xu and Wang, 1999). Sun and Tong (2003) employ ownership data from 1994 to 2000 and compares legal person ownership with government ownership. The study provides evidence that government ownership negatively affects firm performance while legal person ownership positively affects firm performance. This conclusion is based on the market-to-book ratio as the measure of firm performance.                   However, using return on sales or gross earnings as the measure of firm performance, the study provides evidence that government ownership has no effect on firm performance. Sun et al. (2002) provide contrary evidence from above. Using data over the period 1994-1997, Sun et al. (2002) provide evidence that both legal person ownership and government ownership had a positive effect on firm performance. They explain their results by suggesting that legal person ownership is another form of government ownership. The above studies treat the relationship between government ownership and firm performance as linear. However it has been argued that the relationship is not linear.                   Huang and Xiao (2012) provide evidence that government ownership has a negative net effect on performance in transition economies. La Porta et al. (2002) provide evidence across 92 countries that government ownership of banks contributes negatively to bank performance. The evidence is consistent with Dinc (2005) and Brown and Dinc (2005) who investigate government ownership banks in the U.S. 2.1.2 Family Ownership                   Family ownership is very common in oil firms in UAE. There is a difference between family ownership and other types of shareholders in that family owners tend to be more interested in the long-term survival of the firm than other types of shareholders(Arosa et al., 2010).. Furthermore, family owners tend to be more concerned about the firm’s reputation of the firm than other shareholders (Arosa et al., 2010). This is because damage to the firm’s reputation can also result in damage the family’s reputation. Many studies have investigated the relationship between family ownership and firm performance. They provide evidence of a positive relationship between family ownership and firm performance (e.g. Anderson and Reeb, 2003; Villalonga and Amit, 2006; Maury, 2006; Barontini and Caprio, 2006; Pindado et al., 2008).                   The positive relationship between family ownership and firm performance can be attributed to a number of factors. For example, Arosa et al. (2010) suggests that family firms’ long-term goals indicate that this category of firms desire investing over long horizons than other shareholders. In addition, because there is a significant relationship between the wealth of the family and the value of the family firm, family owners tend to have greater incentives to monitor managers (agents) than other shareholders (Anderson and Reeb, 2003). Furthermore, family owners would be more interested in offering incentives to managers that will make them loyal to the firm.                   In addition, there is a substantial long-term presence of families in family firms with strong intentions to preserve the name of the family. These family members are therefore more likely to forego short-term financial rewards so as to enable future generations take over the business and protect the family’s reputation (Wang, 2006). In addition, family ownership has positive economic consequences on the business. There are strong control structures that can motivate family members to communicate effectively with other shareholders and creditors using higher quality financial reporting with the resulting effect being a reduction in the cost of financing the business .                   Furthermore, families are interested in the long-term survival of the firm and family, which reduces the opportunistic behavior of family members with regard to the distribution of earnings and allocation of management, positions.                   Despite the positive impact of family ownership on firm performance, it has been argued that family ownership promotes high ownership concentration, which in turn creates corporate governance problems. In addition, high ownership concentration results in other types of costs (Arosa et al., 2010). As earlier mentioned, La Porta et al. (1999) and Vollalonga and Amit (2006) argue that controlling shareholders are likely to undertake activities that will give them gain unfair advantage over non-controlling shareholders. For example, family firms may be unwilling to pay dividends .                   Another reason why family ownership can have a negative impact on firm performance is that controlling family shareholders can easily favour their own interests at the expense of non-controlling shareholders by running the company as a family employment service. Under such circumstances, management positions will be limited to family members and extraordinary dividends will be paid to family shareholders (Demsetz, 1983; Fama and Jensen, 1983; Shleifer and Vishny, 1997). Agency costs may arise because of dividend payments and management entrenchment (DeAngelo and DeAngelo, 2000; Francis et al., 2005). Families may also have their own interests and concerns that may not be in line with the concerns and interests of other investor groups (Shleifer and Vishny, 1997).                   Schulze et al. (2001) provide a discussion, which suggests that the impact of family ownership on firm performance can be a function of the generation. For example, noting that agency costs often arise as a result of the separation of ownership from control, they argue that first generation family firms tend to have limited agency problems because the management and supervision decisions are made by the same individual. As such agency costs are reduced because the separation of ownership and control has been completely eliminated. Given that there is no separation of ownership and control in the first generation family firm, the firm relationship between family ownership and performance is likely to be positive (Miller and Le-Breton-Miller, 2006). As the firm enters second and third generations, the family property becomes shared by an increasingly large number of family members with diverse interests. The moment conflict of interests sets in the relatio nship between family ownership and performance turns negative in accordance to (Chrisman et al., 2005; Sharma et al., 2007). Furthermore, agency problems arise from family relations because family members with control over the firm’s resources are more likely to be generous to their children and other relatives (Schulze et al., 2001).                   To summarize, the relationship between family ownership and firm performance may be non-linear. This means that the relationship is likely to be positive and negative at the same time. To support this contention, a number of studies have observed a non-linear relationship between family ownership and firm performance (e.g. Anderson and Reeb, 2003; Maury, 2006). This means that when ownership is less concentrated, family ownership is likely to have a positive impact on firm performance. As the family ownership concentration increases, minority shareholders tend to be exploited by family owners and thus the impact of family ownership on firm performance tends negative. Small countries have a relatively weak diamond of competitive advantages (Vlahinić-Dizdarević; 2006). D. Analysis 1.0 Potter’s Diamond Model                   The competitive forces advantages or analysis ought to be fixed on the main competition factors and its impact analysis on the business (Porter 1998, p.142). The state, and home wealth cannot be inherited -3554730607695Faktorski uvjeti 00Faktorski uvjeti -27546301293495Vezane i podrÃ… ¾avajuće industrije 00Vezane i podrÃ… ¾avajuće industrije -332041536195Ã…  ansa 00Ã…  ansa – it ought to be produced (Porter 1998, p.155). This wealth is influenced by the ability of industry to continually upgrade and innovate itself, and this is achievable exclusively by increase means in production – in all parts of fiscal action. The model of Porter concerns aspect which circuitously or openly affects advantage of competition. The aspect structure a place where given manufacturing sector like in this case, oil sector, state or region a learn and act on the way of competing in that environment. (Porter; 1998, p. 165). left0                   Each diamond (oil) and the field of diamond (oil) as the whole structure consists of main influences that makes the oil sector competition to be successive. These influences entail: every ability and resource vital for competitive advantage of the sector; data forming the opportunity and providing the response to how accessible abilities and resources ought to be ruled; each interest group aim; and the is most crucial, oil sector pressure to innovating and investing. SWOT ANALYSIS Strengths The oil sector has many years producing oil and so is well established. Comparatively lots of sub-sectors for industrialist stability and support. Weaknesses Comparatively out of date scientific foundation. Inadequate well educated professionals and residents in comparison to the new industry needs. Lesser costs of work cost in oil sector due to low salary from regular salaries in UAE. Opportunities The likelihood for resources application of EU agreement funds, as is the state resources Reasonably good quality of 11 % graduate students share that are likely to be absorbed into this oil sector. Contribution in motivational and investment projects that help in developing the economy of UAE every time. Threats Expansion of oil production capacity of economies of South-Eastern that have competed with low prices of products and little costs of production. Loan jobs and production globalisation. Reinforcement of local competition of adjacent economies, and thus reinforcing actions that attract direct overseas exploitation of the oil sector in UAE through investments. References Admati, Pfleiderer, P., Z. 1994. Large shareholder activism, risk sharing and financial market equilibrium. Journal of Political Economy, 102: 1097-1130. AL ARUSI, A., S. et al. 2009. Determinants of Financial and Environmental Disclosures through the Internet by Malaysian Companies. Asian Review of Accounting, 17(1), pp. 59-76. Anderson, M., A. et al. 2003. Founding family ownership and the agency cost of debt. Journal of Financial Economics, 68, 263–285. Anderson, C. , R. et al. 2003. Founding-family ownership and firm performance: evidence from the S&P500. The Journal of Finance, LVIII (3), 1301–1328. Arnold, J., B. et al. 2005. Gifted Kids or Pushy Parents? Foreign Acquisitions and Firm Performance in Indonesia, World Bank Policy Research Working Paper No. 3597. Arosa, B., I. et al. 2010. 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Mary kay reference sheet

The irony with the youth of today's generation is that even when they become romantically involved with a certain person or a certain project, they eave the abnormal ability to disengage from that entanglement in an instant. II. Preview Statement: The issue our society is suffering from mainline Ill. Preview Statement: In the modern society, one of the major social constrains to this particular issue has to do with liberty-I am going to discuss this ‘V.Preview Statement: [Environmental factors are also a constraint in the development of creating loving and decent adults. Body: [About 85% of speaking time. ] l. Our society is suffering from the condition of anomie, which is a situation in which society doles out very little ethical guidance to individuals, and allows a great amount of self-regulation. A. The recognition of should not go unnoticed. It is important we effectively educate our pupils to appreciate spiritual truth, spiritual fruits, beauty, and each other. 1 .Prevent ion measures should be taken against individuals from becoming underdeveloped and self-centered in their pursuits of selfish desires. 2. These slackers' concept of sex is all about lust and not love, marriage and babies. Our education must prevent individuals from becoming meaningless members who sole purpose is to consume with relentless voracity. . Proper values and education are vital, and students should also be surrounded by the right people as role models. B. Woodrow Wilson sums this up perfectly, â€Å"Friendship is the only cement that will ever hold the world. B. These days, our members of society view liberty as the privilege of not having any outside form of control to limit them. 1 . Landfills are free to go about as they please and act on their impulses. A. Len counterbalancing their behavior against our society, these individuals find a considerable amount of social permissiveness to commit whatever wrongdoing they wish to rationalize as legitimate. . With society mis leading the youth, they are at a disadvantage of understanding the true meaning liberty.Transition: To truly understand good, we must study the concept of virtue. The great philosopher, Aristotle says, â€Å"the true student of politics, too, is thought to have studied virtue above all things, for he wishes to make his fellow citizens good and obedient to the laws† (Aristotle: Ethics). II. As a result, all our choices and decisions should be made with this end result in mind. The way to go about this rule is through making virtue the sole intention in performing our actions. A.Our society has failed to educate our youth that if our decisions are based on self- interest or emotions such as attitudes such as envy, ill will, or hatred, we are indeed lacking liberty. B. This is because if we do not have the ability to practice self-control by choosing to do what's good, we are blinded to the degree that we ourselves are lacking in liberty. Transition: [Review the last point and p review the next. Be sure to use complete sentences. ] Ill. Modern parents work long hours and spend less time with their kids, giving them less room to teach them right from wrong, values, and etc,.A. The parents are more focused on making more and more money in the modern economy. B. The curriculum of education does not place a sufficient amount of importance on artistic activities. C. The system does not spend enough time teaching our children to acquire an ear for a taste in music and poetry. Conclusion: [About 5% of speaking time. ] l. Summary of Main Points: A. The culture of modern society promotes interests aside from going to work and coming back, to simply consume and consume to fill an internally felt psychological emptiness. B.The issue is multifaceted: how to socialize our children to love one another satisfactorily (which encompasses education); how to correctly assess whether an individual is worth pursuing (which is wisdom and sagacity); and lastly how to choose confi dants who will continue to appreciate and care for us even after we have proven to be of no source of personal benefit or entertainment. C. The teaching of love explains that we are not to love the gifts of this world (self- care, companionship, family) for the sake of itself.

The eNotes Blog Top Ten Tattoos Inspired by Childrens Books

Top Ten Tattoos Inspired by Childrens Books Our favorite childhood books stay with us in our minds and our hearts forever. Theyre the reason why, mid-life, you can look at the bald patch of the man at your side and think only of the velveteen rabbit, with all his fur loved off. But the only way to really show your love for them is to have them permanently inked on your skin, as the folks below can attest to. Heres a round up of ten very devoted childrens lit fans: 1. Beatrix Potters Peter Rabbit 2. Stuart Little by E. B. White 3. Eloise 4. The Very Hungry Caterpillar 5. An amazing sleeve depicting the mad hatter scene from Carrolls Alices Adventures in Wonderland 6. The opening lines of Watership Down 7. Matilda by Roald Dahl 8. Maurice Sendaks Where the Wild Things Are  had two astounding entries, so we just had to credit both. 9. The Velveteen Rabbit (definitely a rabbit theme going on here) 10. The Chronicles of Narnia by C. S. Lewis Oh and just for good measure because itll make you smile A little game of Wheres Waldo? Explore more at Flavorwires round-up, and tell us what book from your childhood youd pay tribute to in a comment below.

Founding of Connecticut Colony

Founding of Connecticut Colony The founding of the Connecticut colony began in 1636 when the Dutch established the first trading post on the Connecticut River valley in what is now the town of Hartford. The move into the valley was part of a general movement out of the Massachusetts colony. By the 1630s, the population in and around Boston had grown so dense that settlers began to spread out throughout southern New England, concentrating their settlements along navigable river valleys such as those in Connecticut. Founding Fathers The man credited as the founder of Connecticut was Thomas Hooker, an English yeoman and clergyman born in 1586, at Marfield in Leicester, England. He was educated at Cambridge, where he received a Bachelors in 1608 and a Masters in 1611. He was one of the most learned and powerful preachers of both old and New England and was the minister of Esher, Surrey, between 1620–1625. He was the lecturer at St. Marys Church at Chelmsford in Essex from 1625–1629. Hooker was also a nonconformist Puritan, who was targeted for suppression by the English government under Charles I and was forced to retire from Chelmsford in 1629. He fled to Holland, where other exiles had sought refuge. The First Governor of Massachusetts Bay Colony, John Winthrop, wrote to Hooker as early as 1628 or 1629, asking him to come to Massachusetts. In 1633, Hooker sailed for North America. By October, he was made pastor at Newtown (now Cambridge) on the Charles River in the Massachusetts colony. By May of 1634, Hooker and his congregation at Newtown petitioned to leave for Connecticut. In May 1636, they were allowed to go, and they were provided a commission by the General Court of Massachusetts. Hooker, his wife, and his congregation left Boston and drove 160 cattle southward, founding the river towns of Hartford, Windsor, and Wethersfield. By 1637, there were almost 800 people in the new colony of Connecticut. New Governance in Connecticut The new Connecticut colonists used Massachusetts civil and ecclesiastical law to set up their initial government. Most people who came to the American colonies came as indentured servants or commons. According to English law, it was only after a man had paid or worked off his contract that he could apply to become a member of the church and own lands. Freemen were men who had all the civil and political rights under a free government, including the right to vote. In Connecticut, whether a man was indentured or not, if he entered the colony as a free person, he had to wait over a one- to two-year probationary period, during which he was closely observed to make sure he was an upright Puritan. If he passed the test, he could be accepted as a freeman. If not, he could be forced to leave the colony. Such a man could be an admitted inhabitant but was only able to vote after the General Court accepted him to freemanship. Only 229 men were admitted as freemen in Connecticut between 1639 and 1662. Towns in Connecticut By 1669, there were 21 towns on the Connecticut River. The four main communities were Hartford (established 1651), Windsor, Wethersfield, and Farmington. Together they had a total population of 2,163, including 541 adult males. Only 343 were freemen. That year, the New Haven colony was brought under the Connecticut colonys governance. Other early towns included Lyme, Saybrook, Haddam, Middletown, Killingworth, New London, Stonington, Norwich, Stratford, Fairfield, and Norwalk. Significant Events From 1636 to 1637, the Pequot War was fought between the settlers in Connecticut and the Pequot Indians. By the end of the war, the Pequot Indians were decimated.The Fundamental Orders of Connecticut were created in 1639. Many believe that this written Constitution would become the basis for the later United States Constitution.The Colony Charter was accepted in 1662.King Philips (the Wampanoag leader Metacomet) War, in 1675, was the result of increasing tensions between Native Americans and Europeans in southern New England.The Connecticut colony signed the Declaration of Independence in October 1776.