Frontier Airlines Portfolio Research Proposal Example | Topics and Well Written Essays - 3750 words

Frontier Airlines Portfolio - Research Proposal Exampleformer Frontier Airlines, together with the founders put together a assembly line plan to reformulate the company into a new incarnation and call it Frontier. With an investment of $516,000, the business could forge a new place for itself in the market. On February 9, 1994, this plan was put into action as the newly formed company became incorporated. The head office was opened on March 15, starting an airline that could serve both coasts and earn a position as a national airline (Our History, 2009).In April of 1994, private stock placements net $1.3 million, and by may 20 public stock offerings earn $7.6 million which covers the startup financing as outlined in the business plan. By June 9, the first reservation is do by our first passenger and the company is ready to fly By July 1, 1994, Continental Airlines has vacated 25 routes through Denver, which allows Frontier to launch its first flights on July 5th. In the first mon th of service, Frontier carries 5,922 passengers and in the next five months, the airline has added several new routes. Within the first six months that Frontier has been flying, the airlineWe be now flying to Las Vegas, Los Angeles, and other locations, and will be adding flights to Seatle/Tacoma, San Diego, and St Louis during the year. The airline ends flights to Fargo and Bismarck, N.D., which is an end to the original eight destinations flown by the airline. At the end of 1996, the airline has increased its sizing in eighteen months of operation to a fleet of 10 737s, 725 employees, and 1,877,3372 passengers. (1993, 2009).In 1997, Frontier announces that it will merge with Western Pacific, but the merger is called off in September. However, Western Pacific is forced to shut down operations in February of 1998, allowing Frontier to become the principal carrier out of Denver International Airport, offering low-fare prices and quality service. By the end of 1998 we have grown to a fleet size of 17 Boeing 737

David Blunkett and the tightening of asylum entry rules Essay Example for Free

David Blunkett and the tightening of institution entry rules EssayThere has been a lot of publicity surrounding the general impression of Asylum Seekers, with reports of clashes between Asylum Seekers and members of the host community seeming to be a frequent occurrence. The question of the number of mental home seekers allowed entry into the UK has been at the centralise of a longstanding debate for some time. However, it hasnt been up until recently that labour government has decided to take action in order to control the escalating tally of asylum seekers in the country. Therefore, it will be these new measures taken by he home secretary that were announced earlier this week following the asylum amnesty that will be analysed. In order to understand why the government is so eager to control the influx of refugees it is necessary to look at the evidence. According to home office statistics there were approximately 10,588 applications for asylum in the UK in the second quart er of 2003. The top five applicant countries were Somalia, Zimbabwe, China, India and Pakistan. Also in 2002 the UK received most applications of asylum than any of the other western countries with 24%.It is these statistics and media coverage around the arrival of asylum seekers that heighten grwoing tensions and hostility towards asylum seekers. Media coverage of asylum seekers can be blamed for fuelling hostility towards the seekers therefore the media coverage of the new reforms and how they ar presented to the general public will be analysed. David Blunketts new measures to strengthen up the asylum system were unveiled earlier this week. It was announced that asylum seekers could go to prison for up to two years if they destroy their passports or snuff it documents on the way to Britain.It is thought that this would make claiming refugee status more difficult if the refugee doesnt hold the correct papers. Not only is the home secretary taking compute action with the asylum seekers plans have also been revealed to target unscrupulous and unqualified legal advisors in Britain who encourage asylum seekers to make unwarranted appeals. Some would manage that the number of asylum seekers allowed into the country needs to be controlled. Members of the host country in particular can be hostile towards the asylum seekers. This is because asylum seekers are seen as taking advantage of the benefits provided by the country.This includes the NHS, subsidised housing. As asylum seekers are not entitled to work this can often lead to their assurance on the basic benefits at the expense of the tax payers and again this heightens hostility between the two groups. Likewise, memners of the host country tend to be worried in terms of cultural aspects The new reforms have attracted much media coverage. According to the Independent (28th October) the new measures can be seen as a success for British asylum policies. According to the article the home secretary, has succee ded through administrative stealth, in something few would have thought possible.The article continues to argue that despite the new measures the UK will reside faithful to the legal obligations of obligations of the1951 UN convention. The convention formally defined a refugee as a a well fear of persecution for reasons of race, religion, nationality, membership of a particular neighborly group or political opinion. However, it can be argued that as the UK is presenting obstacles in the way of asylum can they really promote themselves as a giving and democratically free country? This is the argument taken by Theodore Dalrrymple.

Effective partnership working Essay Example for Free

Effective partnership workings EssayA partnership is an exhibition between two or more groups, organizations or individuals to work unneurotic to achieve common aims. Effective partnership working must have almost sort of personal stake in the partnership. All partners should work towards the same goal. The partners should have similar system of beliefs and work together over a conceiv equal to(p) period of time. Partners should understand the value of what to each one of them can contribute to the set aim. Both should respect and trust each other. Partnership working also shares creativity, and responsibility. running(a) together can highlight different issues, problem and solutions and there is more potential for productivity or effectiveness. All partners must al charges tell each other what is planned and consult everything together before making any decisions. They must act together as everyone working towards the same outcome.1.2 workings in partnership with colleag ues its very important .We all need to work in the same way and be consistent. People I work with on daily basis are the best source of advice and study needed when some issues may arise. By working together I am able to see all recorded nurture and being able to use them when needed .Communication within the home is a key to effective support .By working together everyone can be supported and all ideas can be taken into consideration on meetings and solving issues become easiest. Working with other professionals resembling Learning Disability team or Intensive support team also gives me a different point of view on situation and this way I determine support from qualified and understanding stack. I can share information and seek advice .This way I get an excellent feedback and more needed support .Some individuals have a complex needs which are very difficult to cope and seeking support from others is very important .Organization receive different training and do specialize i n giving help .Therefore maintaining good relationship with them is important to provide the quality support for answer Users. Working in partnership with advocates is needed when Individuals have a lack of capacity and have no one who can act on their behalf .Working together with independent advocates shows that setting follows the guidelines and regulations .Independent person can see the different point of the situations discussed and help to decide what isthe best for the person concerned .As a support mental faculty will share all relevant information with them and act on the best interest of the individual. Working with families, Service users, friend of individuals give me a never ending source of informations so Im able to provide the care they want .By working together we gain information and that can help make Individuals live easier in the care setting. This way parents feel valued and respected. Parents and family feel comfortable when visiting the setting talking to and cooking with workers .Every opinion must be valued and treated seriously as we all want the best for the Service Users .Talking and working together with individuals gives us a chance to get to know they likes and dislikes and be able to make them happy.1.3Partnership is about relationship between people and the aim of it is to achieve what couldnt be achieved alone. By working together we build a relationship. We improve outcomes and achieve more equal life for the individuals and better future for them. Because everyone works together Service User can feel safe and have choice of where and how they want to live. As staff I need to listen to them and give them choice and informations must be available in the right format .Individuals feel valued and respected. They know that there is a lot of different people who are happy to help and give advice .It also makes staff feel more valued as they have they say and their opinion is more valued what means that they are more happy to stay in the work place like that.

Company overview and market analysis for Audi

Company everyplaceview and market analysis for AudiAudi, this Germany brand was found by August Horch in 1899. Since this motor company established, Audi has been designing and manufacturing Audi simple apparatuss in innovation and future conception. Today, Audi has became one of the three German super automobile manufacturers which producing the full range models, from economical, sport, sumptuousness and sport utility vehicle. In the latest Audi yearbook report, the total r pull downue has reached to 29.8 billion euros with profits 1.35 billion euros by the end of 2009. What is to a greater extent, Audis sales ca-ca increased significantly from 653,000 to 1,003,000 between 2000 and 2008, particularly in the lay East market and Chinese market. For example, Chinese g everyplacenment has agreed to purchase Audi railway railroad gondola for officials in long term. Further more(prenominal), Audi just launched the forward-looking supermini A1, the four door coupe A7 and the ne wfangled generation flagship A8. In this essay, argument go away be made that this German producer how to remain competitiveness under this changing environment. Audi Company and Audis P.E.S.T.E.L analysis will be covered by this German strong brand.A8 RevolutionTo compete against with the other two German brands Mercedes and BMW in the upscale markets, Audi has introduced the flagship model A8 in 1994. With the offset printing vehicle using aluminum space frame technology and luxurious equipment, A8 gained considerable market share in the global executive luxury car field. The second generation of A8 launched in the end of 2002, Audis engineers met the reading trend of automobile, taking a brand new A8 with new engine technology and longer wheelbase to customers. The happy sales of Audi A8 did not discontinue, Audi aims to be the number one in selling luxury car with introducing the third generation A8 in 2010. Audi has been designing and producing A8 for 16 years, the eff for making luxury car is a great treasure in this German automaker.P.E.S.T.E.L. AnalysisPoliticalSince the last century, Germany is famous for making cars, such as, Mercedes, Audi and BMW Porsche and Volkswagen. German government excessively encourages these motor producers showing the Germany made car to the customers from all over the world. Audi set the headquarters in Ingolstadt and have a strong sympathetic resource with over 60,000 staff from different nationality. With the Audis global strategy implementation, this German auto manufacturer has established several large plants in different countries. Hungary and mainland china are good examples.EconomicIn 2008, the global economy recession spread over the world. Fortunately, the global economy is being recovery from the end of 2009, even though some countries are still facing credit crunch, such as Ireland but most governments from different countries had confidence to making peoples life better. For example, in Germany, gover nment spent billions supporting and encouraging German families to purchase in UK, government also gave benefits, which inwardness people get extra2,000 from the current car with more than 10 year life time when exchanging a new car in a dealer. According to the Audi statistics, sales of new car have increased sharply from 2009 to 2010 in the European and North American markets. What is more, Middle East and China are still the large demand base For example, Audi has delivered 108,000 cars to China in the first three months, compared with the total sells 705,000 cars at the same period.SocialAudi is a large car manufacturer in the world, the social impact is inevitable, this German heavyweight owns over 60,000 staff in the world, and which means Audi support more than 60,000 families every year. In this aspect, Audi has been improving the workshop condition to satisfy employees, and Audi also allege successes of creating exceptional cars when employees join the group. Manufactur ing perfect cars needs large quantity qualified material, Audi have established several partnership with suppliers. Due to the economy recession, consumers are free to choose the fuel efficiency car instead of buying the big engine SUV Audi remained the price for customer, but added more technology into the car.TechnologicalTechnology development is the key feature of Audi Company Audi is best known of its permanent four wheel drive system, called QUATTRO. Today, Quattro is widely use in most Audi model, and offering drivers more safety and pleasure in any situations. In China, the heavy snow spread over the southern part at the winter of 2008, compared with Audis successful transaction on snowy road, the competitor Mercedes realize it is the right time to fit the four wheel drive system into saloon and sport car. In comfort aspect, Audi introduced air adapted suspension this equipment could adjust suspension in order to achieve best performance on different road condition. In 2 010, the new Audi A8 is equipped with the 8 speed transmission which offers the soft and quick acceleration in order to achieve fuel efficiency. Audi also cooperated with Italian super car Lamborghini to achieve sport value. For example, the S8 and RS model are equipped with Lamborghinis engine and transmission system.EnvironmentalAudi paid more attention in corporate social responsibility .It is inevitable for Audi not polluting the environment, because it is a manufacturer. Audi promises to minimize the environmental impacts. In these 20 years, Audi spent billions in researching the efficiency engine the new generation engine means more horsepower but little emissions. For example, the new TDI diesel engine has already meet the future European 5 emission standard. Furthermore, Audi announced car emissions will be cut further 20% by 2012. That is how this German maker leads the environmental car market.LegalGermany government set a group of legislation in order to protect road use rs safety and environment. Crash standard and European car emission limits are good examples.4. A8 The upscale fanny marketAudis flagship A8 L W12 takes driving to a whole new level of luxury. This is true, even though car makers and customers are paying more attention in fuel efficiency car markets on todays environmental condition, but every famous brand is still proud of their flagship, like Birkin handbag of Hermes. Flying used to be a pleasurable experience for most businessmen, especially for the fist class ticket. Cars can not fly, but Audis engineer made the dream grow true. The new generation A8 providing exceptional and efficient luxury transport for passengers.A8 means technology, comfort and luxury, especially from Germany. Audis most important features, aluminium body depends on Audi situation Frame, permanent four-wheel drive Quattro and air adaptive suspension. Since the first A8 was produced in 1994, A8 has firmly established Audi name in the luxury car market. Ac cording to the research, over half of luxury cars are produced by the German super three, almost 300,000 luxury cars delivered to customers worldwide each year in addition, around 70% of these luxury saloon are sold to outside west Europe, especially for North American market and Middle East. The luxury car market was not influenced by the economic recession the demand for luxury cars has increased for many years, especially for the new arrivals.Audi gained highly reputation from A8s loyalty customers in these years from all over the world, due to the changing group of luxury car buyers, the percentage of 30 to 40 years olds buyers increased sharply in this ten years. Audi are also willing to these potential buyers. Changing Ages is an important factor for luxury car segmentation emotional factor could also influence customers decision. For example, luxury car is a symbol for peoples status orientation what is more, the luxury car always understands the fashion, trend and design. Au di A8 is the best choice for the experienced loyalty buyers and potential group customers. Overall, this new generation flagship will take more market share to Audi in the luxury market.RecommendationsThe 21st century is also a technology era Audi should continue spend billions and billions in innovation in order to achieve the mass markets. Secondly, climate change is a key issue in todays world Audi should pay more attention to social responsibility. Cutting emissions and materials recycling are good examples. Thirdly, due to the large increase demands from Asian market, Audi should enlarge its volume to satisfy this potential region, especially for the tier 2 and tier 3 cities of these countries. At last, the advertisement campaign is more and more important for car companies, Audi should design different type optical advertisement for marketing. In my personal experience, sitting in a silver Audi car with bright red from dashboard, just illustrate the meaning of an Audi car mac hine with blood.ConclusionsWith 100 years experiences constructing motor machines, Audi became one of the most famous car manufacturer brands in the world. Audi car is illustrated by design, safety, comfort and sport. What is more, this German automaker giant achieved large market share and highly reputation from the whole world Audi also established the products portfolio in order to meet different customers needs. For example, A4 and A6 are democratic in the European market the sales of large SUV Q7 and luxury A8 achieved considerable performance in the North American market. Furthermore, due to the scarce of resources and climate change, Audi realized it is important to decrease the environmental impacts during the operation. Like the new generation of Audis flagship A8, taking Audi to a new level of luxury Audi company will take transportation into a new milestone.

Balanced Scorecard In Hsbc Bank Accounting Essay

fit wag In Hsbc Bank Accounting EssayCHAPTER 1In the medieval decades, many a(prenominal) brass instruments were facing intensive pressures for changes in strategies and structures without a proper human resource annihilatement and murder management model (Weng, 2011). It has been a ch eitherenge to many managers to measure and appraise their human capital with an increasing and constantly changing volume of employees across the organization at different levels as well as across different geographic locations with risque consistency and standards. Therefore, it is crucial that organizations gull a strategic management mother fucker. Much debate has been taken to find the nigh effective agentity of measuring not only a companys fiscal surgical process but also how the company satisfies its clients and employees (Kocakulah and Austill, 2007). Then in 1992, Ka envision and Norton introduced a BSC model. Their opinion of BSC has opened a new field in the literature of mana gement control (Franco and Bourne, 2003). Since so, BSC has been an interesting topic that many academic fountains choose to write. The reasons why the investigateer is interested to write about BSC ar as following.First, it is essential that process bill be of great signifi lotce to an organization, playing as a tool in conveying the companys strategies to individuals objectives (Smith and Kim, 2005). Drucker (1954) also highlighted that all employees, from a big boss to a junior clerk, should watch personal cognitive process objectives that aligns strongly to the companys strategy. Therefore, the application of BSC truly helps organizations to depict such objectives evidently. harmonise to Kocakulah and Austill (2007), when structural changes and job specifications become to a greater extent complex, it is required to develop a methodology and formula that piece of tail align the organisational strategies and main principles with performance metre and management ind icators. Kaplan and Norton (1992, cited in Kaplan, 2010) recognized that any comprehensive measuring and management system has to link operational performance improvements to customer and financial performance.Second, BSC was presented as the most practical and comprehensive performance measurement model and has wherefore become a popular strategic tool amongst managers all over the world (Sanayei et al., 2011). In recent years, the BSC has been a comprehensive model when looking at management issues for financial and non-financial purposes and has been very popular as it attracts a lot of attention (Norreklit, 2000). It has been widely consumptiond by many companies and has gained ecumenic acceptance as a useful tool for management. From 1992 to 2000, more than 200 companies adoptive the BSC method (Kaplan and Norton, 2001 cited in Kocakulah and Austill, 2007). In 2001, David Norton estimated that about 50 percent of large organizations in the United States were using the BSC, about 45 percent in europium and about a third of the large organizations in Australia used the BSC (Weber et al., 2001 cited in Kocakulah and Austill, 2007). Another recent study by Bain Company indicated that 57 percent of firms worldwide use the balanced score elevator card, including 75 percent of large firms and 64 percent of firms in North America (Rigby and Bilodeau, 2005). The Harvard Business Review in 1997 listed it as unitary of the 75 most influential ideas of the 20th century (Bible et al., 2006).Appargonntly, BSChas become the leading strategic management system of the 21st century. Organizations use the scorecard to shape an only if new performance management framework that mystifys strategy at the centre of key management processes and systems (Kaplan and Norton, 2001).Third, BSC has been chosen by many financial and banking institutions as a key to achieving a victoryful exertion of their strategic plans (Frigo et al., 2000), whereas Aranda and arllano (2 010) stated that it is for strategic development and performance measurement. As a result, BSC was chosen by HSBC Bank to put into use in its early stage of starting business in Vietnam. Throughout all these stages, BSC has always been used at all levels as (i) a strategic tool to connect organisational goals with 1500-employees targets and (ii) a standard performance measurement system to drive individual performance, evaluate their achievements and create values (HSBC Vietnam, 2011).HSBC Bank, a member of HSBC Holdings Group, is unrivalled of the worlds largest financial institutions and the biggest foreign bank in Vietnam. It established the first full-service branch in Ho chi Minh City in 1995 and then expanded to 17 branches and offices across the nation. It strategically focuses on Premier nubbles with a purpose of delivering world-class international services to high-profile customers. Currently there ar one Premier Centre in Hanoi (the North) and one in Ho Chi Minh City (the South) (HSBC Vietnam, 2012) serving a depend of 6,000 Premier customers.Forth, the role of BSC in HSBC has been strongly recognized by either employees or managers at all levels. At Group and business level, it supports the implementation of the business strategy, ensuring that all aspects that contribute to its success are taken into account. At a team level, it helps managers align their objectives with those of the business and focus their efforts and resources on what is most relevant. Individually, it helps an employee understand how her/his work links with and affects the success of the organization (HSBC Vietnam, 2011).The effects of performance measurement and management at HSBC Vietnam have been evaluated by means of surveys conducted bank-wide to collect employees feedback and response. Such surveys then supported managements strategic analysis and improvement plan (HSBC Vietnam, 2011). However, there has been little empirical investigate into whether the balanced scorecard actually works in practice (Neely, 2008). Moreover, as pointed out by Hung-Yi Wu (2012), most of the BSC- tie in studies have focused mainly on performance measures rather than the causal relationships between key performance indicators for the purpose of strategy implementation. This is the first time a seek is conducted in HSBC (Vietnam) Ltd. at a more focused level with specific attributes directly related to individual BSCs perspectives and potential relationships as well as their impacts. Accordingly, the author chooses to study on the below topicBALANCED SCORECARD IN HSBC BANK (VIETNAM) LTD.PREMIER CENTERS POSITIVE AND NEGATIVE EFFECTS1.2. SIGNIFICANCE OF STUDYThe sign purpose of this study is to gain further understanding of BSC and its role as a performance management tool in an organization. Many studies by render (1999), Lingle and Schiemann (1996) suggested that organizations managed through balanced performance measurement systems perform better than those t hat are not. Therefore, the search can help figure out positive results on a specific organization using the scorecard to support those ideas.Besides, it forget serve as a guide to business strategy planning. According to Davis and Albright (2004) and Littler et al. (2000), banks can save an enormous amount of time and money if they understand which measures, financial or non-financial, are best suited to their needs. As such, it is expected that the study can indicate whether the current BSC applied in HSBC is ideal in a way that an appropriate mix of performance drivers and outcome measures has been tailored to the business units strategy (Frigo et al., 2000).In addition, the study reemphasizes the important role and positive effects of BSC on an organizations strategy implementation. As mentioned by Hung-Yi Wu in his 2012 work, banking institutions must develop an effective way to align their strategies with corporate goals based on performance analyses if they are to sustain t heir competitive advantages. Such effective way is recommended to be the BSC model, which is proved to be a useful and efficient tool in communicating organizations goals and targets to all bank staff and in performance measurement (Bible, et al., 2006). Moreover, the explore is to identify good points related to BSC in both academic publications and real-world experiences of an organization.Apart from that, the research helps the author and readers poll the difference of BSC from theoretical to practical perspectives based upon feedback of surveyed employees. Accordingly, it is good to understand how BSC has been adapted and enforced in the context of HSBC in Vietnam, which is, as pointed out by Burney and Swanson (2010), integral to the development of systems that leave behind effectively obtain organizational goals. The research will definitely give more insights of the banks BSC implementation process and effectiveness.Furthermore, the research will reveal HSBC employees sa tisfaction level and specific feedback on the banks BSC system and increase understanding of its strategic link and potential relationships between BSC measures in practice. It allows the business to stay competitive and profitable (Zeng and Zhao, 2005) in sustainable development.However, apart from the positive effects of BSC on HSBCs execution of strategy, the research also helps to figure out some gaps and areas for attention and improvement that will be analyzed in the following chapters. In case its results are appreciated and draw the attention of higher management then it can make further contribution to the development and acknowledged effectiveness of BSC in HSBC Vietnam. This condition may help the management to focus on the need to complete the implementation of BSC system to maximize its benefits and minimize the negative effects. The disclosure of the shortcomings, if any, is crucial as it will entice organizations to search for measurement systems that support them be tter in the challenging business environment (de Waal and Counet, 2009).With these above reasons, the author strongly believes that the topic Balanced notice in HSBC Bank (Vietnam) Ltd. Premier Centers positive and negative effects will help the readers get more into the research.1.3 RESEARCH OBJECTIVES AND QUESTIONSAccording to Varkevisser, Pathmanathan Brownlee (2003), the objectives of a research project summarize what is to be achieved by the study. It is advised by Ababa (2005) that if specific objectives are properly formulated, they will facilitate the development of research methodology and will help to orient the collection, analysis, interpretation and utilization of data. Therefore, these objectives should be closely related to the research problem (Saunders et al., 2009). Furthermore, objectives should be logical, coherent, feasible, realistic and considering local conditions as well as being defined in operational terms that can be measured and phrased to clearly mee t the purpose of the study (Ababa, 2005). With the topic Balanced Scorecard in HSBC Vietnam Ltd. Premier Centers positive and negative effects, six objectives of the study are determined as following.To understand the concept of BSC and its perspectives as a performance measurement tool,To identify positive and negative effects of BSC in HSBC Vietnam,To measure if HSBC BSC model is different compared to an ideal model,To evaluate the relationship between employee understanding of the organizations objectives with a well-performing organization,To analyze the causal relationships (if any) amongst four perspectives of BSC, andTo identify the weakest one of the four perspectives to improve.With these research objectives, the study is to be conducted to clearly answer the questions relevant to the topic as below.What is the Balanced Scorecard and its four components?What are HSBC BSC positive and negative effects?What is an ideal BSC model and what is HSBC BSC compared to it?How do HSB C employees understand the organizations objectives and its relationship with a well performing organization?Are there any relationships amongst four perspectives?Which one among the four perspectives needs more focus?1.4 BOUNDARY OF THE STUDYDue to the limitation of time and mount of work, this research only focuses on a small group of employees, hereinafter mentioned as those working at two Premier Centers in Hanoi and Ho Chi Minh City, but not extended to the entire number of about 1500 employees bank-wide. Two Premier Centers have a number of 60 staff including Premier Center Managers, Sales Managers, Relationship Officers, Services Managers, Services Assistants, Counter Officers and tellers. As such, the findings and results are only voice of part of the real figures and possibly not completely accurate.In addition, the research is only conducted at employees level or a single group of employees point of view rather than on the senior managements stand point, then there will be some imbalanced justifications and explanation after the survey.It is hoped that once the research methodology is proved to be trustworthy enough to the representative sample, it will be supported to apply to the whole bank with full participation of employees at all levels including senior managers to get a broader view and more precise results.1.5 OUTLINE STRUCTUREThis paper consists of five main chapters.Chapter 1 IntroductionThis 2389-word section is an introduction to the research, serving as an explanatory background to what leads the author to the chosen topic and why to choose the topic. In addition, it is followed by a brief summary of significance of the study and key issues that the research work intends to address. The scope of study is also included in the first chapter in order to narrow the boundary and put the focus on the research area.Chapter 2 literature ReviewThis 4836-word chapter is the theoretical background of the study focusing on the relevant literature and theories on performance measurement, balanced scorecard and its perspectives. It helps to demonstrate an understanding of the research topic and its surrounding content. At this stage, it is important to critically review many academic authors points of view on the research topic and related issues. From those literatures, specific hypotheses are developed as a foundation to start the research.Chapter 3 MethodologyIn this part, the research philosophy, strategy, method and approach used in this study are described. It also presents the process of gathering data, sampling method, implementation of questionnaires and techniques of analysis. Some ethical issues when conducting this research in a banking organization like HSBC are also mentioned. 3836 is the number of words in this chapter.Chapter 4 Data Analysis and DiscussionThis section outlines the findings and results of development collection at HSBC as conducted in chapter 3. Feedback from its employees will be revealed thr ough a list of figures and tables. The proposed hypotheses will be further discussed based on the results. There are 3897 words for this chapter.Chapter 5 Conclusions and RecommendationsThis is a summary of the main conclusions of this research and feasible recommendations to the research issues. Some limitations and suggestions for next researches are also included.CHAPTER 2LITERATURE REVIEW2.1 IntroductionThis chapter will cover the literature on performance measurement, strategy map, balance scorecard and its role in aligning organizational goals to the strategy. By studying related literature on BSC, it is seen that BSC really plays a evidentiary role in the success of an organization and that it helps to measure the success of the strategy (Kaplan and Norton, 2001). Schneiderman (1999) stated that balanced scorecards that did not have a sound foundation would fail. Therefore, this chapter will summarize the positive and negative effects of BSC collected from many studies and e laborate hypotheses to predict the effects of BSC in practice of a specific organization. Additionally, it is learnt from this chapter that the four perspectives of BSC are inter-related, and that even though financial results are very important, delivering long term value and success will require a focus on non-financial factors including high performing people, efficient processes and effective customer services (Kaplan and Norton, 1996). The following part is related conceptualization on the research content.2.2 surgical process Measurement2.2.1 DefinitionPerformance measurement is defined by Lebas (1995) as a system by which a company monitors its daily operations and evaluates whether it is attaining its objectives. Meanwhile, Lichiello and Turnock (1999) define it as the selection and use of quantitative measures of capacities, processes, and outcomes to develop information about critical aspects of activities, including their effect on the public. Basically, it is considered part of a performance management system (Sanayei et al., 2011) and is set aligned with the organizations strategy.According to Hronec (1993), performance measurement system is a tool for balancing multiple measures (cost, quality, and time) across multiple levels (organization, processes and people). While it was suggested by Green et al. (1991) to target the value-added activities of the company, Kaplan (1991) suggested that an effective performance measurement system should provide timely, accurate feedback on the efficiency and effectiveness of operations. In fact, organizations always plan to build an effective tool to help them manage the performance and well achieve the targets.2.2.2 The role of performance measurementAccording to Christian C. Johnson (2007), it is important to understand why measuring an organizations performance is both inevitable and vital. An organization operating without a performance measurement system is like an airplane flying without a compass, a F ormula One race car driver guiding his car blindfolded, or a CEO operating a company without a strategic planThe purpose of measuring performance is not only to know how a business is performing but also to enable it to perform better. The ultimate aim of implementing a performance measurement system is to improve the performance of an organization so that it may better serve its customers, employees, owners, and stakeholders.Basically, a performance measurement system enables an enterprise to plan, measure, and control its performance according to a pre-defined strategy (Johnson, 2007). Many authors including Atkinson and McCrindell (1997), De Toni and Tonchia (2001), as cited in Pongatichat and Johnston (2008), have identified its benefits as a tool to (i) communicate the organizations strategic direction, strategic priorities, (ii) create a shared understanding, (iii) monitor and track the implementation of strategy, (iv) align short-term actions with long-term strategy, (v) make clear the links between performance of individuals and sub-units, and sub-units and overall organizational performance, (vi) promote integration among various organizational processes, (vii) focus change efforts, and (viii) facilitate organizational learning.2.2.3 Different performance measurement modelsMany researches on banking performance measurement used traditional measures like statistical analysis (Arshadi Lawrence, 1987 Devlin Gerrard, 2005), structural equation models (SEM) (Collier, 1995), multi-criteria classification methodology (PARCLAS) (Kosmidou et al., 2006) and DEA (Giokas, 2008). In the meantime, Wu et al. (2011), Chen et al. (2008), and Meyer and Markiewicz (1997) chose to adopt the four BSC perspectives, including both financial and non-financial indicators. In their 1992 work, Kaplan and Norton also described performance measurement as a way to review an organizations financial and non-financial goals. Figure 2.1 summarizes the selection indicators of banking performance measurement that have been investigated in several important studies, along with their main analytical methods (Wu et al., 2011).According to Weber et al. (2001) and Bible et al. (2006), traditional measures no longer worked effectively because those measures relied so strongly on financial indicators and did not sufficiently cover other critical factors like skills, competencies, and motivation of employees customer and supplier relationships innovative product development databases and information technologies efficient and responsive operating processes innovation in products and services customer loyalty and relationships and political, regulatory, and societal approval. Meanwhile, the BSC can cover all these measures in a more specific and appropriate way that supports management in implementing organizational goals.

Importance of Social Interaction in Childcare Environment

Importance of Social Interaction in Childc be EnvironmentThe childcare centre I am attached is well organised with wide pathways. They rat move freely from one place to an early(a). In this way, this provides opportunities for the children to interact with their peers with the equal places. Along the corridors, there are no obstacles blocking their way and is danger free.Toys, books and stationaries are placed in lower cupboards whereby the children are able to reach for them so they feel sovereign and competent so they will less be deal to disturb their friends. The classrooms have quite a number of low shelves and dividers to divide the spaces bring out for unalike kinds of activities carried out by the instructors.In the dramatic play corner, there are insufficient materials for the children to play. Therefore, there will always have friction to argue who should play which toys. In order to prevent such things from happening again, the school should ensure there are enough toys provided in the dramatic corner to allow the children to play in a purposeful manner. They should also limit the number of children going in to dramatic play corner to ensure that the toys in there are sufficient for the allowed number of children. This would then discourage negative behaviour in the children where they have to fight over for the toys.Children participating in cooperative activities are less likely to behave aggressively and more than cooperative even during unstructured times. The classrooms mark the boundaries clearly by placing mats around the floor, this allows children to be able to focus and concentrate more on the activities that they are engaged. When the children are having some quiet activities like reading and writing, they should be located away from classrooms where children are more likely to be more active and noisy. In this way, they can concentrate better in their activities.Social context is a framework that visualizes us what kinds of att itudes and behaviours are expected, accepted and valued in a setting. Sense of community consists of cohesiveness, friendliness and cooperation. Children participating in cooperative activities in class are less likely to behave aggressively and be more cooperative even during unstructured times. (Kaiser, B. Raminsky, J. S. (2010) Cooperative activities purpose is that all the children will benefit and they success as a whole class. For example, the teacher can plan do outdoor activities like passing around the hoola b acceptetball hoops. All the children need to form a circle and holding each other hand. A hoola hoop is placed at the arms of two children. The challenging part of this game is that the children cannot permit go of each other hand when passing the hoop around the circle.As teachers, we have to be their role model. It is important that we speak to the children nicely instead of shouting. Therefore, this would help to build a verificatory social climate, therefore children will less likely to show challenging behaviours. We must be a good role model for the children as they would tend to follow what we do, hence we have to be cautious of our own body language and actions that we do in class. This is to instill core values in them and also to create positive social climate.We have to be caring towards the children and try to become their friends. This will make the children close to us as they start to believe and trust in us. Having more group works than individual work, this would encourage the children to have more interaction with other classmates. Children need to make friends so that they will not show challenging behaviours. We only teach when the children are calm down. This is because they would not be able to listen to us when they are not calm.During the class-running this is what I observed. The theme for that solar day was on garden. During art and craft lesson, the children were given a piece of paper of vegetable salad each. T hey were instructed to do colouring, cutting and pasting. They are independent enough to do this activity by themselves. Next, they had their science lesson. The teacher used National Geographic newfangled Explorer magazine to teach them. The magazine was about tomatoes. The children had their tasting academic term whereby the teacher would prepare some tomatoes for them to taste. After the tasting session, they write their reflection about the experience of eating tomatoes on their journal. In their journal, they wrote about How was the texture?, How did it taste?, Did you like eating it? and draw your tomato plant.I find that the tasting session is very successful. The teacher made sure that the children were not rowdy during the lesson. The tasting session made the lesson very interesting and fun. Children were able to learn and play at the same time.Another successful was teaching using National Geographic Young Explorer magazine. Children could absorb a lot of information at young age. They were exposed to different things and this will help them greatly in the future.The classroom rules are raise hand to speak, talk softly, clean up eating area afterward meal time and put things back to their original place. I compute this is successful in somewhere, but it is also unsuccessful too.It is unsuccessful because young children do not talk softly in class. They tend to talk a bit louder and during lesson, they just talked whenever they want. They would not raise up their hands to speak. However, it is successful because they were taught to put things in the correct place at young age, thus this would let them know that no one will help them to clear things up after used. They were also required to tidy up the eating area after their meal time. This became their habit to do it.In small group, there are a lot of movement and talking among the children. They would be very engaged in the activities. This enhanced their motivation and having more involvement in learning. They will also be energized and motivated to complete the task. Group discussion can help to attach interaction with different races. Children should respect each other races and religion and not being racist against them. The teacher in the childcare entre that I was attached think creative arts. The teacher cut different shapes of the potatoes, then she divided the class into small groups. In each group, there must be different races and genders. The children chose the different shapes of potatoes and dipped into the different colours of paints onto their paper. The children was very enthusiasms towards this activity. Through this activities, the children can learn through play. Through group discussion, they can develop greater communication achievement with their peers as they can voice out their ideas across to their classmates. Children contribute to one anothers learning by helping, supporting, encouraging, motivating and praising each others work. For example , when the teacher is busy teaching one child who has difficulties in their work, she is unable to attend to another child who also has problem with the assignment. Therefore, she can ask the other children who have finish their work to help the child.In large group discussion, all the children gather together in front for the same activities. This gives the children to contend their classmates. Whole group times for young children include such activities as dramatic play, outdoor play and brainstorming. In the childcare centre that I am attached to, the classroom has a dramatic play corner to role playing. They have different types of themes like bakery shop and doctors clinic. The children payoff turns to play the different roles. These activities encourage social interaction with peers.

Living With Different Customs, Practices, and Values Essay -- Immigrat

Living With Different Customs, Practices, and ValuesOne of the greatest aspects of sight from anywhere in the world is horticulture. Customs, practices, and values are e rattling apart of culture that identify who we are as a person and where we come from. Being a stranger in a strange orbit has its basis of showing where you let come from and what your cultural backgrounds are. It is just as important to express the culture from where you have come from as it is to practice the culture to where you have immigrated. It is 1988 and it is time to say to goodbye to all my friends in Russia. The long and awaited day has come for me when I would be immigrating to America. The contrary customs, the different language, the different practices, and values are amongst the major differences that I was so worried about yet so anxious to experience. Upon my arrival to the United States it was like nothing I have ever seen before. There really wasnt much of this middle men in education wh ere a student would just do average in school. It was basically all or nothing. Life was very difficult to come by for most people. Even though some people much(prenominal) as my moms parents were both doctors the average starting salary for them would be around $1,500 dollars a year. And most prices were the same as they are in America. However education in Russia even through college was free. However it was very difficult to be accepted to a fine state college. Only the richest people were able to afford to purchase a car and those people were considered to be the richest of the rich being well of. Going into business was what made many very successful in life however it was very risky. Many times what is known as the Russian Mafia would come into business and d... ...rought up with. by means of Randal Basss essay, and my own personal experience I have realized that all people are different than others. Especially myself who has immigrated to a extraneous country. Each pers on has his/her own values, customs, practices, and way of life. According to Randal Bass, although language barrier can be a great problem it should never let any one not be able to live their own life. The English language can have several meanings to certain words and people have to work with each other to be able to understand each other. America is all about working hard and striving to achieve. It is a line of freedom and opportunity and that should not be taken away from any person. Works Cited Bray Randall. Borders as Barriers Otherness and Difference, Bordertexts Cultural Readings for Contemporary Writers. Boston Houghton Mifflin, 1999.