My Dream Company free essay sample

HP company is known for its best quality products and great services. This prestigious organization gives me more opportunities like exploring my innovative thoughts in building this organization in perfect manner. Because of its large scale productivity services all over the world makes any person or customer comfortable. HP company is founded by two great personalities Dave Packard and Bill Hewlett by partnership on January 1, 1939 and it is a technology company established world wide. HP company gives a lots of great opportunities for the fresher’s in developing and manufacturing like designing software, networking hardware etc. , where the fresher’s come into play because of its vast production employees can bring all their innovative thoughts and increasing the growth in friendly manner. And we all know that HP Company exceeding $100 billion and became first IT company in history. I want to make a special recognition in this prestigious company like with the help of my new innovative ideas and leadership qualities I want to take these organization on the top of the world by providing best services to the customers and removing all the bugs (errors) present in this industry. And I would like to take this opportunity to develop some software’s also that matches to this modern world. My vision is to enhance the productivity of individuals and business, change agent, Leading edge research, improving the quality of life, and to provide world wide access to information and infrastructure. As HP is very famous for its laptops, desktops, servers, printers, monitors and software were I want to check each and every product whether they are meeting the needs of the modern world today and whether improve any technology or software that makes the world look different by today’s vision. I would strive hard to be an economic, intellectual and social asset, Market leadership by developing useful and innovative products, services and solutions, uncompromising integrity, innovation, growth and attain global citizenship by being an economic, intellectual and social asset to the country and community like these are some of my objectives that I am looking forward to achieve in my future. HP is one of the toughest recruitment process in the IT industry there are nearly 3, 25,000 employees working presently working in the MNC and the first company  to introduce work from home concept, constant career growth to the employees these points shows that how tough for a person to climb the top of the mountain by which every employees tries hard and uses all his innovative thoughts to achieve all the dr. If I enter into this prestigious organization the areas where I want to improve is Strong brand equity, solid market position, strong financial condition (Like for less investment getting out the profits or outputs then expected) and to take the company on the top of the mountain where it is now present at 9th place in the year 2009. Like there are some areas where the company is bit shaking like Internal control issues, Lack of in-house management consulting division and No aggressive investments in Research Development compared to historical spending these are some of the position where I would like to take up the challenge and change the situation. And now there are new markets in the Antarctica sector of the world also. Like there are some threats to this organization also Apple is a major competitor because of its better quality the HP products are going down where if we can improve the technology and services by decreasing price and providing more features than we can improve our productivity intense competition from other PC manufacturers, Increasing competition from other PC manufacturers, Increasing competition on imaging and printing, slowdown in economic conditions in US and Europe. HP is globally accepted company and its merger with Compaq it became world’s biggest computer hardware in the world, now the company is doing the business in more than 170 countries including ones that are developing and under developed. Being a large company it provides many advantages like dominating the market for printers like both laser and inkjet, which helps for both consumers and companies using the economies of scale. And these organization is taking an active role in developing the capacity of new markets all around the world by dealing with the multinational companies and other world governing bodies to reigniting the competitiveness at home. HP always being recognized the need to compete in these global markets and also the company has major advantage in enabling the company to hold its position even in the time of recession. As long as the products are good and down to earth prices there will be a special demand on each and every product. Company has been increasing its technology from the span of calculators to laser printers; from notebook computers to servers this shows how it has being developing from various stages to the top of the modern technology. The company has a long history of inventions and innovations until it came to this stage. And Research and Development is very important in managing the areas like rich digital media and mobility and management software’s and security.  This is my dream company like I stated above some key points like where I want to increase the productivity and security and some of the areas where the company is leading in this world.

2006 Hurricane Risk Case Study Essay Example For Students

2006 Hurricane Risk Case Study Essay 1. How profitable are property and casualty insurance companies? Answer: Property and casualty insurance protects property (houses, cars, boats, and so on) against losses due to accidents, fire, disasters, and other calamities. Property and casualty policies tend to be short-term contracts and, that’s why the subject to frequent renewal is, and one more characteristic feature is the absence of savings component. Property and casualty premiums are based on the probability of sustaining the loss. To estimate the key determinant of the price of an insurance policy, i. . risks, insurance companies take third-party proceedings that develop models of catastrophe loss probabilities. Based on the numbers form Exhibit 5 of the case we see that according to AIR Worldwide which provides information on the loss probability that Insured Loss if the listed Hurricanes Recurred in 2006 is 151. 2% more than the case writer estimates of Actual Reported Damage in 2006. As you see from the table below differences in monetary terms and percentage change between these two different sources are huge except those figures with minus sign. So, we can say that prices are not fixed and depend on the third-party vendors’ probability calculations which are much higher than actual estimates suggested by casewiters. Consequently, the profits of property and casualty insurance companies can be high. * Casewriter estimate ** Source: AIR Worldwide Besides, Reinsurance may reduce their risk exposure by allocating a portion of the risk to another company in exchange for a portion of the premium. Reinsurance allows writing larger policies because a portion of the policy is actually held by another firm. Also, profits of these companies strongly depend on unforeseen risks due to unpredictable nature of accidents, fire, natural disasters like hurricane, tsunami, etc. However, from the Exhibit 7 of the case we see that Investment Income is vitally important to continue operations of property-casualty insurance companies. To see the importance of the income from these companies’ investments and to see how it affects Net Income we put zero in the line on Investment Income holding other numbers constant (based on Exhibit 7: Income Statistics): We see that without property-casualty companies’ Investment Income the Net Income is negative. So, we can say that Insurance Losses is offset by Investment Income from which these companies only gain. 2. Purchasing insurance: what should Joe Martinez do? Answer: According to the statistical data in the Exhibit 1 (see the 2006, Hurricane risk case study) about the frequency of US Hurricanes by state of Landfall (1900-2004), we can say that, unfortunately the most frequent hurricanes happened on the Southeast of US, especially in Florida. But the most of them have only 1-3 categories. This means that hurricanes may cause damages trees, shrubs and average damage to the building. There was only one hurricane in the Florida, which had 1st category and seven of them had 4th category. The problem of Joe Martinez is that insurance rates are on the rise. These increases have been driven by a combination of higher than expected hurricane-related claims as well as increased costs related to reinsurance (i. e. , insurance sold to other insurers to mitigate the risk of losses). Beyond this, the recent economic turmoil has put additional strain on insurance companies, resulting in pressure to increase premiums. The bad thing is that Joe Martinez might be in need of hurricane protection. From the case, we know that his house near the beach and it was no match for direct hit from hurricane, and this is good thing. But there is a high probability that the hurricane will destroy or damage his house at the next time. In many cases, the damage caused by hurricanes will be covered by basic homeowner’s insurance policy. An increasing number of policies actually exclude hurricane-related damage, in which case he’ll need to buy additional coverage. Note that, even if he does have coverage, he’ll still need to keep a decent amount of cash on hand to protect himself. Is Counselling An Art Or Science EssayIn Diagram #1 (see the attachment 1 at the end of the document) you can see the portion of Property insurance premiums in the General insurance sector for 2007, 2008, 2009 years. Casualty insurance is included into General insurance sector. So in Diagram #2 (see the attachment 1 at the end of the document) you can see who the main players in this sector of insurance are. Kazakhstan insurance market for the first time showed growth during last two years. Kazakhstans insurance companies collected 74. 9 billion tenge in premiums in January-June 2010, or a 33. % increase compared to the same period last year, says a press release issued by the Kazakh Financial Supervision Agency (FSA). Within the overall volume of premiums, mandatory insurance amounted to 15. 8 billion tenge (up 21. 5% as compared to the same period last year), voluntary private insurance totaled 16. 4 billion tenge (up 56. 2%), and voluntary property insurance made 42. 7 billion t enge (a 31. 4% increase). According to the statement, the volume of insurance premiums collected for life insurance increased by 100% and totaled 7. 6 billion tenge as at July 1, 2010. Life insurance premiums accounted for 10. 1% of all the insurance premiums (6. 8% as at July 1, 2009). According to the State Financial Supervision Agency (FSA), with the purpose to better protect the interests of the insurance customers, to develop life insurance services, to introduce a consolidated supervision over the insurance companies, to develop the infrastructure of the insurance market on July 18, 2010 Kazakh President Nursultan Nazarbayev has signed the law On Amendments to Some Legislative Acts of the Republic of Kazakhstan Concerning Insurance†. The document bans bonds issue by insurance companies, restricts their borrowings and imposes additional requirements for the intermediary services. The new law also bans any payments in cash to the insurance agent by the client against the insurance contract starting January 1, 2012.

The U.S. Supreme Court and Politics free essay sample

A discussion of the various topics that the U.S. Supreme Court deals with. A detailed examination of the U.S. Supreme court and the type of matters it addresses. The author argues that issues of politics and political controversies should be taken into account by the supreme court as often they form constitutional issues, and supports this view by emphasizing the chief objective of the U.S. supreme court: to preserve the principles and rights guaranteed in the U.S. Constitution. The paper includes an analysis of various politicians and an explanation of the roles of the supreme court and judiciary. When political beliefs and thoughts evolve into law, often times, constitutional issues arise alongside. Although the U.S. Supreme Court has the license to decide whether or not to adjudicate matters involving hot political topics, past history has indicated that the Court has not been inclined to evade such questions, but rather, to thoroughly delve into such controversies. We will write a custom essay sample on The U.S. Supreme Court and Politics or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page As a staunch Federalist, Alexander Hamilton had strong beliefs and ideas as to how the infant U.S. government should be set up and efficiently run. As opposed to Thomas Jeffersons notions on the importance of strong state governments, Hamilton believed in the superiority of a powerful central government body. He set forth his political views in the Federalist papers, examining all aspects of government and focusing on the role of the judicial branch in numbers 78, 79 and 80.

Customer according to the GUS site the CEO is Essays

Customer according to the GUS site the CEO is Essays Customer according to the GUS site the CEO is Essay Customer according to the GUS site the CEO is Essay Customer harmonizing to the GUS site the CEO is John Peace ( non Pearce per your instance and retentions in Burberry are 66 % non 77 % ( due to gross revenues of stock in 2003 ) Question 1. Using appropriate constructs and techniques evaluate GUS’s portfolio of concerns. Provide recommendations for the hereafter development of the portfolio. In his book Competitive Strategy’ Michael Porter introduces the construct of nucleus competency and declares that it is of import that a company knows and understands what is core’ to the success of it’s concern and how to protect this from rival reproduction in order to keep leading in their market. However, in today’s fast traveling environment singularity is difficult to continue and both merchandises and engineerings are able to be replicated at a really fast gait, therefore go forthing the distinguishing factor as the quality of service it offers it’s clients over and above it’s rivals. Where multiple merchandises, services or concern units are concerned the interrelatednesss between each strategic concern unit is overriding to success ( Porter, Competitive Advantage’ ) and a true trial of corporate competence. Prahalad and Hamel take this construct farther by presenting three trials for corporate competence supplying entree to a broad assortment of markets a nucleus competency should do a important part to perceived client benefits should be hard for rivals to replicate. GUS is a retail and concern services group ( www.gusplc.com ) which has been stream-lined from a diverse pudding stone into a group with three clear divisions or strategic concern units ( SBU ) ARG, Experian and Burberry’s ( Appendix 1 ) . Each division is clearly defined and cover the mass market ( ARG ) , the quality high terminal market ( Burberry ) and client intelligence ( Experian ) . It can be seen from the SBU reappraisal ( Appendix 1 ) that separately, non of the concern units pass’ the three measure competence trial, nevertheless, taken corporately as one, the GUS imperium, together they form a alone portfolio and work together for the benefit of the overall group ( GUS ) and rather perchance alone in holding three such distinct, and yet complementary divisions, all necessary to guarantee corporate advantage and market growing. Market Growth/ Market Share ( Boston Group Matrix ) overview and recommendations. High Low High Star Experian Question Mark – Burberry’s Low Cash Cow ARG Dog’s disposed of in reorganization restructure Taking the information from the SBU overview in Appendix 1 and using each portfolio within the Boston matrix it may be surmised that the Cash Cow is the ARG group. As the UK’s largest trading group, ARG has a big market portion and a figure of loyal clients and a sustainable income watercourse. It’s scheme is to keep gross revenues and market portion and take a defensive place. Income from the hard currency cattles can be used to fund and turnaround the inquiry Markss, Burberry’s. Burberry’s is in a growing niche market of luxury merchandises for hard currency rich and image witting clients and re-establishing the trade name could guarantee a high net income return for the hereafter. The star is Experian, which has a high market portion in a turning market and generates big amounts of hard currency for GUS as an entity. As seen from the SBU analysis, costs associating to the direction of this concern unit are low in comparing to the returns, compared with ARG and Burberry. Income from this SBU can besides be used to fund and develop Burberry. By pooling the resources of both ARG and Experian, the Burberry trade name can be given the accent on merchandise design and selling that it needs to turn to rule it’s market. Operating in a luxury market, there is possible for high returns. Of class, the GUS group should non free sight of it’s original and loyal clients, those who frequent the ARG concerns and the new corporate clients who purchase intelligence from Experian. It, in bend, needs to go on to reinvest in keeping and increasing it’s place in the market. It is paramount that the demands and wants of these two SBU’s must non be compromised in order to fund Burberry growing. In add-on by utilizing information gathered from the Experian database, the group as a whole could utilize this to their advantage to profile and aim bing and possible clients, capable to data protection limitations, for both the ARG and Burberry concern units – therefore enabling growing for the GUS concern as a whol e. Question 2. Explain how design rules could be applied to develop the public presentation of Experian and Burberry. Advise Ms Bravo how the design procedure should be managed at Burberry. Harmonizing to Kotler and Rath, most companies lack a design touch but that successful design is built-in to a companies success. Design is non merely the look/ feel/ styling of a merchandise, instead it is much more than that and that companies may see an addition in profitableness by taking on board the design elements of public presentation quality, lastingness, visual aspect and cost. ( Kotler et Al ) and guaranting that clients demands are met both practically and aesthetically. Using the above constructs, pertinent inquiries, such as those suggested below, may be asked of bing and possible clients. By understanding and pass oning the design demands suitably, Experian and Burberry can help their corporate public presentation by selling merchandises and services that clients want and increase satisfaction because they are presenting what the client demands. Experian Burberry Performance What information do you necessitate and how should it be presented? What map do you necessitate from your coat, heat and or H2O opposition? Quality What format should the information be in, electronic e.g. hypertext markup language or the printed word Quality and criterion of coating is synonymous with the trade name Lastingness Is this to be a one off study or repeated at regular intervals Is this to be a seasonal/ manner point or a long term investing Appearance Does the information demand to incorporate with other that you hold, does it necessitate to be formatted in a certain manner? Do you desire high manner or authoritative expression? Cost What budget do you have†¦.ok, so these are the options available to you The scope varies in monetary value from ten to y dependent upon the point purchased. Let me cognize what you wish to pass and I will demo you what is in that scope. Having ascertained the customers’ exact demands and merchandise demands, Trueman and Jobber take the construct farther by taking the design rule to a competitory degree and presenting the four dimensions Value, Image, Process and Production ( VIPP ) . Should Experian and Burberry’s introduce such a system, so this value added procedure monitors’ the new product/ service development through construct to bringing. Value represents the customers’ perceptual experiences of value and whether outlooks have been met, whilst the image portrayed by the company in presenting the merchandise or service to the client is of paramount importance to the company. This should all be driven by a procedure from construct to fruition and the production seasonably and efficient. All elements within the VIPP procedure can be monitored by set abouting research throughout the four phases and by enforcing quality control systems for both the customers’ and companies benefit , as demonstrated in the tabular array below. Customer attitudes Company public presentation Value Design Quality Standards client outlooks Perceived and existent merchandise value net income borders merchandise retail monetary value Image Perceived individuality Promotion Perceived company image/ attitudes towards trade name Brand equity Procedure Needs/wants to company Translation of needs/ wants Idea coevals to concept/product proving Working coherently as a squad Production Handiness when required Efficiency Materials/ associated costs Time to market ( Based on article Competing through design ) Note:Ms Bravo Subject:Design Process at Burberry Further to our recent treatments, delight happen listed below an overview of how the design procedure may be managed at Burberry’s. First, it is most of import that the procedure has non merely senior direction bargain in, but has a senior member of staff with overall duty to drive the procedure and demo committedness to all staff concerned. I would urge taking the undermentioned stairss if they are non in topographic point at nowadays: Brief staff on the importance of design within the administration, the function that it plays and the impact on single sections. Continue to use taking edge manner interior decorators to maintain up to day of the month with tendencies both in the UK and abroad. Employment interior decorators to introduce luxury must hold points and involve clients in think armored combat vehicle Sessionss, offer incentives to take portion. Appoint an overall design title-holder within Burberry’s and a learning circle group formed by representatives from each of the internal sections. Create one or more focus group of mark clients to prove design thoughts and constructs and advise on the manner frontward. See offering inducements such as price reductions off merchandises to take portion in these research treatment groups. Introduce a entire quality direction procedure to guarantee quality of both systems and processes throughout the design and bringing stage. By set abouting the above activities the company will present and keep a stronger design and client focal point. ( Customer, delight see? ? ? against one of the diary articles sent – you will necessitate to add twelvemonth and name of diary. ) Bibliography Brassington, F, Pettitt, S ( 2000 ) Principles of Marketing( 2neodymiumEdition ) ( Essex, Pearson Education Limited: 2000 ) Donaldson, B ( 1995 ) Customer Service as a Competitive StrategyJournal of Strategic Marketing, Vol.3 No.2: June 1995 Doyle, P ( 1998 ) Marketing Management and Strategy( 2neodymiumEdition ) ( Hemel Hempstead, Prentice Hall: 1998 ) Drummond, G, Ensor, J, Ashford, R ( 2003 ) Strategic Selling: Planning and Control( 2neodymiumEdition ) ( Oxford, Butterworth Heinemann: 2003 ) Egan, C ( 1997 ) Creating Organisational Advantage( 3rdEdition ) ( Oxford, Butterworth Heinemann: 1997 ) Grant, R ( 1992 ) Contemporary Strategy Analysis( 2neodymiumEdition ) ( Cambridge Massachusetts, Blackwell Publishers: 1992 ) Johnson, G. Scholes, K ( 2002 ) Researching Corporate Strategy( 6Thursdayedition ) ( Harlow, Financial Times, Prentice Hall: 2002 ) Kotler, P ( 1997 ) Marketing Management – Analysis, Planning, Implementation and Control )( 9ThursdayEdition ) ( New Jersey, Prentice Hall: 1997 ) Kotler, P Rath, A ( twelvemonth of diary to be inserted by client? ? ) Design: A Powerful But Neglected Strategic Tool( ? ? ? name of diary to be inserted by client ) Lynch, R ( 2003 ) Corporate Strategy3rdedition. ( London, Financial Times Pitman: 2003 ) Porter, M ( 1985 ) Competitive Advantage: Creating and Sustaining Superior Performance( New York, Free Imperativeness: 1985 ) Prahalad, C.K. Hamel, G ( 1990 ) The Core Competence of the Corporation( Harvard Business Review May – June 1990 ) Trueman, M Jobber, D ( 1998 ) Competing Through Design( Long scope planning, Vol.31, 1998 ) Whittington, R ( 1997 ) What is Strategy and does it Matter?London, International Thompson Business Press: 1997 ) www.bbc.co.uk www.gusplc.com Appendix 1 ARG the argos retail group Incorporates the high street shops, place shopping and cyberspace concerns. Most of the trade names within the ARG are good known in their ain right, such as ARGOS, Kay’s and GUS and each are known for the comprehensiveness of merchandises and services it offers clients. Offering multi channel buying and distribution options for the mass market client. Core competency 1. Established for over 100 old ages this division represents the modern equivalent of the original trade name and screens every demand for the place. Core competency 2 It is really difficult in such a market to be alone, with rivals such as Next presently ruling the place shopping market. Does non run into standards for nucleus competency 3. ARG’s current direction squad ( www.gusplc.com ) are concentrating on a growing scheme, late purchased of 33 index shops, thereby supporting their topographic point in the market. In 2002, gross revenues from this division amounted to ?4,629m, which translated to ?255m of net income before revenue enhancement, this division was the most profitable in that twelvemonth and is presently the UK’s prima ware retail merchant ( www.gusplc.com ) . Experian Experian is a planetary leader in the information services market place ( www.gusplc.com ) . Experian emerged in the 1990’s and offered client intelligence information to corporations prepared to pay for such and has grown in strength to offer a broad pick of information services covering a assortment of industries. Core competency 1. In today’s market topographic point, cognition is power and Experian offers a broad assortment of up to day of the month services to different markets. Core competency 2. Whilst it should be hard for rivals to retroflex the exact information held by Experian. it is non the lone company offering intelligence. Core competency 3 non satisfied. It’s strength is in the trade name name and the quality of the information held on it’s database and degree of service it offers it’s customers’ . In market research fields the name experian is really good known for the databases of information it holds and many recognition card companies and the similar use their services to execute recognition card and fiscal evaluation cheques In 2002 gross revenues amounted to ?1092m of which ?229m was net income before revenue enhancement. Experian are the lifting stars of the GUS portfolio and are concentrating on a growing scheme, late denoting the purchase of the company LowerMyBills.com. ( www.gusplc.com ) . Burberry’s Burberry’s offers quality interior decorator apparels Operating in a niche market it is presently being further developed to offer luxury accoutrements and has late appointed immature Italian American interior decorator to broaden the age scope entreaty of its apparels and to concentrate on pulling younger adult females, by utilizing both immature famous person ( Kate Moss ) and immature royal ( Frederick Windsor ) indorsement. Burberry’s has a strong trade name image with it’s strength in being known as offering high quality merchandises, whilst it’s failings have been the perceptual experience of the age of adult female who wears the trade name, this is now being addressed. Harmonizing to Prahalad and Hamel’s foremost core competency trial, Burberry’s were non originally supplying entree to a broad assortment of markets as their nucleus client was middle/ older aged adult females. This has now been addressed and entree to the merchandises increased by presenting a younger profile and a scope of luxury merchandises from tickers to jackets for Canis familiariss. The Burberry cheque is synonymous with the trade name and one would assume, patented so should be hard for rivals to retroflex. Core competency 3. In 2002 gross revenues amounted to ?625m and gain before revenue enhancement of ?64. In 2003 GUS sold portions in Burberry and now holds 66 % of portions in the company ( www.gusplc.com ) Undertaking I Kaye Adamson undertake that in line with my contractual duties this work is wholly original, and has non been copied from any website or any other beginning, either in whole or in portion. By subjecting this work I understand that if my work is found to be plaigerised that I will non merely give up my fee but besides be capable to legal proceedings in order to retrieve amendss for loss of net income and harm to concern repute. Furthermore, I understand that I may be capable to legal proceedings from any 3rd parties such as the terminal clients and copyright holders of the original work who may hold had their rights infringed or suffered loss as a consequence of my actions. I besides understand that in add-on I will be apt to a ?100 disposal charge and that I may be apt for legal costs. I understand that this e-mail and the work I am subjecting may be used as grounds against me if I breach this project. Please take this to represent my electronic signature. Kaye Adamson

In tray Item 2 Assignment Example | Topics and Well Written Essays - 500 words

In tray Item 2 - Assignment Example Based on the factors considered by banks, this report analyses the liquidity and cash flow position of Gainsborough by using Current Ratio, Quick Ratio, Debt Ratio, Interest Coverage Ratio and Cash Flow to Debt Ratio. Current Ratio: The current ratio of the company is 1.04 which shows a good liquidity position. Gainsborough is at a good liquidity position if all its current assets have the potential to be turned around easily. Quick Ratio: A quick ratio is done in order to look at the liquidity position more conservatively. The quick ratio of Gainsborough stands at 0.02 which is at an unacceptably lower level. The company has only very few high liquid assets in its current assets. Debt Ratio: Debt ratio of the company is 0.85 or 85%. This ratio indicates that the company is highly leveraged. Gainsborough has depended on a huge amount of borrowed funds in order to generate assets. At the current liquidity position of the company, it is not of advantage to the bank to grant an increase in the overdraft. The main ratio that the bank should consider in granting overdraft is quick ratio. It is evident that Gainsborough has very few cash equivalent current asset that can help to meet the current liabilities. It should be noted that the company does not maintain any cash or cash equivalent assets that can meet its current level of overdraft position itself. Gainsborough should improve its current assets level. Majority of the current assets of the company are inventories which are not as liquid as that of cash. Therefore, Gainsborough should plough back profits and always maintain a certain level of cash. This in turn will help to improve its quick ratio. Over years, the company should focus on bringing the quick ratio to a level more than 1. The debt ratio of Gainsborough does not show a good picture. In fact, the company uses more borrowed funds than

Essay Example | Topics and Well Written Essays - 500 words - 134

Essay Example standards, innovation style, experimentation with drugs, alternative sexualities, interest in eastern religion, and rejection of materialism and claims of national consciousness. Kerounac, one of the ‘beat’ writers allows that it was it was street hustler Harbert Huncke who originally used the phrase ‘beat’ in an earlier discussion with him. ‘beat’ could colloquially mean ‘beaten down’ with the African-American community of the period and had developed from the image ‘beat to his socks’. One of the beat writers however altered the image and the meaning to include the connotations upbeat, beatific and a musical association of being ‘on the beat. John Clellon Holmes writes the article ‘This is the Beat Generation’ in New york Times Magazine in November 16, 1952 which gives several sentiments about the generation culture. The first concern is an eighteen-year old California girl who had been picked up for smoking marijuana and wanted to talk about it. In view of her contention, one of every five people you meet from the beat generation is a user of marijuana and people should leave them alone to do their own things. The writer is also concerned with a girl sentiment in a court courthouse for stealing a car and says that she believed small business to be dead and it intended to become a comfortable cog in the in the largest corporation it could find. The same generation is caught in the uncovering of the first non-virgin club in Illinois. The writer brings out the image of a group that drinks themselves to relaxation and as a way to solve their problems. Their sexuality morals are in question when the author points out that secretary of the beat generation are confused if to sleep with their boyfriends anytime, anywhere or to wait. They drink around and drive off to Detroit on a whim. The author sees the origin of the word ‘beat’ as obscure. To him it implies the feeling of having been used while still raw. He interprets it like some

Human Resource Management in Europe Essay Example | Topics and Well Written Essays - 3000 words

Human Resource Management in Europe - Essay Example 1998; Roderiguez and Ventura, 2003). The difference in perspective on the value of people in organizations and the validity of HRM, particularly in non-Western Countries may be best understood in terms of the concept of locus of human value (Jackson et al., 2003). Jackson et al. (2003) came up with conceptual map of international organization and human resource management in different countries. HRM as a concept emerged in the mid-1980 in the US when two models-the Harvard framework (Beer et al. 1984) and the Michigan Model (Fombrun et al., 1984) were produced. Harvard model is also known as soft model of HRM / Harvard Map of HRM / multiple stakeholders model, argues that human resource policies are to be influenced by two significant considerations: (1) Situational factors: The internal and external environmental factor of the organizations that include (i) labour market conditions (ii) societal Values (iii) business strategies (iv) technologies (v) managerial philosophies and (vi) market conditions will constrain the formation of HRM policies. (2) Stakeholders interests. The stakeholders influence the short-tern HRM policies. They include (i) management employees (ii) unions and (iii) govt. agencies. Further, the model classifies HRM policies and practices in to four themes as follows: HR flows, Recruitment, selection, placement, appraisal and assessment, promotion, termi nation and the like. The Harvard model has existed considerable influence over the theory and practice of HRM, particularly as a result of its contention that strategy is the concern of management in general rather than a personnel function in particular (Armstrong, 1999). The Michigan Model has a harder, less humanistic touch, holding that employees are resources in the same way as any other business resource. They must be obtained (i) as cheaply as possible (ii) used sparingly and (iii) developed and exploited as much as possible. John Storey (1987) termed it as utilitarian instrumentalism. The hard model of HRM focuses on the crucial importance of the close integration of HR policies, systems and activities with business strategies on HR system to achieve the strategic objectives oh the organization. This model emphasized the quantitative strategic business aspects of managing the headcount resource, in a rational way (Storey, 1987). The Michigan theorist highlighted the followin g as being the most important HR issues to achieve such a match. Selection of the most suitable people to meet business needs, Performance in the pursuit of business objectives, appraisal, monitoring performance and providing feed back to the organization and its employee, Rewards for appropriate performance development of skills and knowledge required to meet business objectives. The essential features of their model are that it is focused on individual and organizational performance is based on strategic control, organizational structure, system for managing people concentrates on managing human assets to achieve strategic goals contributes to human resource