Entry Mode Report for Sage Products Inc.

Work Stress Costly

Work Stress Costly ?Work Stress is Costly and Creates High Employee Turnover? Summer 2001 Introduction Stress at work has become a serious health and economic burden in the U.S. Today?s workers are concerned about losing their job to downsizing, layoffs, mergers, and bankruptcies that have become common in the U.S. in recent years. Workers now have to work harder and are doing unfamiliar tasks. Adding to the pressures are new bosses, changing technology, electric surveillance equipment and a changing work force. Organizational managers are interested in maintaining a lower level of job stress for good reasons: high levels of stress can result in low productivity, increased absenteeism and turnover (Carrell, Elbert, Hatfield, 2000). Balancing a heavy workload with family responsibilities often results in high stress levels, poor coping, and insufficient time and energy for interacting with the important people in our lives (Farren 1999).Job Market The unemployment rate is the lowest in 30 years, 4.5%Eng lish: John Howard, director of the National Ins...or less, since April 1998. The unemployment rate is projected to continue to be low through the next 10 years. People are changing jobs in record numbers; a fact that is refueling the highest turnover rate in 20 years. The typical American worker holds nearly 9 different jobs before the age of 32. It is estimated that women will be 47.5% of the work force by 2008, up from 1998 levels of 46.3%. Men in the work force will decrease from 53.7% in 1998 to 52.5% by the year 2008 (BLS 2001).Information about Stress The National Institute for Occupational Safety and Health (NIOSH) is the federal agency responsible for conducting research on psychological aspects of occupational safety and health, including stress at work. NIOSH defines job stress as ?Harmful physical and emotional responses that occur when the requirements of the job do not match the capabilities,

I do not have any idea Research Paper Example | Topics and Well Written Essays - 250 words

I do not have any idea - Research Paper Example It is therefore not surprising to equate â€Å"public interest† in planning to the (neo) Marxist model, which can be better understood from a theoretical rather than practical approach. This is so since the interest of the public or the greater majority of the people could be so broad to encompass issues like human rights and justice (Roche, 2003). Logically, the driving force in this kind of planning is a class struggle (Schoenwandt, 2008). To put class struggle into practice as the driving force is to ask for the enactment of laws that would favour the general public, particularly the underprivileged (Schoenwandt, 2008). This could mean that more social programs for the less fortunate people, who are presumed to greater in number than the rich. In a democratic society, planners should get the cause of legislators, who could be sympathetic with advocating the right of the poor to achieve a significant leverage on the realization of plans. Practitioners of this kind of planning should have grass roots support. Public interest planners should therefore focus on advocating the rights of the disadvantaged, translating the interest of the latter into ways that would empower them through all possible means and processes available to them under their own systems of

Human resource Assignment Example | Topics and Well Written Essays - 1000 words - 2

Human resource - Assignment Example This need is more significant than ever, as Human Resource Development is a process for budding and setting free human expertise progress with the rationale of improving performance. This performance can be improved through organizational development and personnel training and development and profession development. Arguably, in this rapidly changing business environment, organizations have increasingly implemented the organizational strategies to address these changes in the external environment by integrating functional Human resource management strategies. This paper delineates the activities involved in strategic Human Resources Development in reference to Fly Airline Dubai. Training and Developmental Activities In reference to Wilson (1999), Human Resource training and Development is concerned with undertaking identification of the training requirements, planning and designing training, implementing and evaluating training activities (p. 34). Fly Airline Dubai’s Human res ource department carries out activities designed to teach and advance company personnel, address performance challenges and assist in preparing the employees for high management positions and roles. Debatably, Fly Airline Dubai offers lithe alternatives which include coaching, job rotation experiences and mentoring. i. Needs assessment and Analysis activity Leigh et al (2000) emphasizes on the significance of assessing and analyzing needs in human resource development and training (p.89). Assessment of the needs in human resource development and training is a corner stone in identifying Human Resource Development interventions required for effective efforts. Fly Airline Dubai assess the requirements of the organization, the individual worker proficiencies, understanding and attitudes, and the functional obligations and department requirements. ii. Planning and Design Activity Just like Delahaye (2000, p. 24)) suggests, Fly Airline Dubai identifies the learning stratagems to be emplo yed, the training results and the individuals who experience the training. Alzabani (2002) asserts that after the needs analysis is complete and clear objectives set, Human Resource Development professionals consequently plan in choosing the suitable training provider in order to organize internal proficiency (p. 124-125). Fly Airline Dubai outsources for external training providers who provide training to its staff members. Developing lesson plans and choosing the effective techniques of training as described by Desimone et al (2002, p. 37) is an imperative aspect of Fly Airline Dubai’s Human resource development. In reference to Nadler and Nadler (1994), the lesson plans serve as an essential pointer for the trainer during the delivery of the training substance (p. 87). iii. Implementation Activity Fly Airline Dubai’s Human Resource Development and training considers several questions in its training. First, the department considers â€Å"when the employees will be provided with the training?† Secondly, it considers â€Å"who will receive the training?† Thirdly, it considers where the training will take place and who will conduct the training and the techniques to be used by the trainer. Arguably, these reviews by Fly Airline assist it on the implementation of the Human Resource Developments and Training program within the company. iv. Evaluation Activity Evaluation is a significant activity in training and

Lack of Motivation and Leadership Issues Essay Example | Topics and Well Written Essays - 2250 words

Lack of Motivation and Leadership Issues - Essay Example A number of solutions have been proposed such as the introduction of the motivational program, transformation in leadership, facilitating teamwork etc. However, among that introduction of incentive scheme and adoption of democratic leadership style have been recommended. Finally, the implementation process has been emphasized. The case entails the owner of Giovanni’s Pizzeria, Riccardo Lombardi. The owner was extremely worried despite the fact that his business was doing extremely well. However, his primary concern was regarding the fact that whether the success will continue or it will diminish as a number of competitors are entering the market. The franchise was purchased by Riccardo 10 years ago from the American Giovanni’s Pizzeria. Since then it has been able to establish 40 stores around the markets of Australia. It has its headquarters in Glen Waverley, Victoria. The franchise is segmented into six areas. The operations of each and every area are looked upon by a state manager. Furthermore, all the stores are administered by a store a manager along with two assistant managers. The company has different policies for hiring employees. However, they do not consider education as the only indication factor for getting a job in the stores. Most of the employees who work on the store have tertiary education and of age 24 to 27. They get selected on the basis of their abilities to perform the job. There are issues within the company for not providing any formal training. However, it is a secondary issue. The case further details that the company’s Ballarat store of Victoria was facing a number of issues such as increasing percentage of unsold and damaged goods, malpractices of the employees, high employee turnover due to stringent policies and also dissatisfaction among the employees due to autocratic leadership style. In order to reduce the impact of the problems on the day to day operations of the operations of the outlet, the  store manager Marcello imposed a set of guidelines.  

Comparing Current Economic Crisis And Great Depression Economics Essay

Comparing Current Economic Crisis And Great Depression Economics Essay Comparing current economic crisis and Great Depression. The current U.S economic crisis that begun August 2007 has plunged the country into a very dangerous phase in the U.S economic performance (Hilsenrath and Paletta, 4). The great decline in stock market which reduced spending and wealth among people resembles to the great economic depression (Katz, 10). The Great Depression was an economic recession that eroded stock market wealth and eventually spilled to other sectors of the economy (Hilsenrath and Paletta, 4). During the Great Depression, it has been recorded that Dow-gold ratio reduced substantially to a lower of 47 percent, most similar to the 42 percent experienced in the current crisis. The enraging crisis also foresaw crippling of most financial institutions due to bad loans and many banks had to freeze lending from 1929. There has been similar experience in the current crisis as the credit markets are on verge of collapsing. In 2008, sum credit in financial institutions has reduced by more than 250 percent while bad debt level has gone below 350 percent market (Waggoner, 1). The two crisis have shown similarities when comparing the trends in real estate. Like in the 1929 Great Depression, there has been a great overvaluation of the real estate. Problems in real estate have been the main factors contributing to the current crisis (Delong, 2). Under the global monetary system, dollar is converted with gold which means all the over currencies are only converted to gold or the Pound. However, this has become completely different since the dollar which is converted to gold has not been able to meet monetary conditions for conversion to gold standard which has destabilized world monetary system (Petrov, 2). Government response to the crisis is similar. In the current crisis, the United States government has signed a multibillion economic stimulus package totaling to $700 billion. This was a similar strategy which was taken in the Great Depression but in both economic crises, the economic stimulus package has not lived to its expectations (Stewart, 2). It is still acceptable to say that the current economic crisis resembles the great economic depression of 1929 because the high rates of unemployment that was witnessed during the depression has also affected the United State economy where many people have remained jobless and retrenchment rates have been at its peak. The current rate of unemployment stands at 6.1 percent which is even below the 1992 rate which was 7.8 percent. Similarly those still employed are under fear of loosing there jobs people anytime if efforts towards recovery does not succeed (Waggoner, 3). It is said that unemployment rate hit 10 % for the past two years. Research shows that the job crisis in America reached a point where both the underemployed and unemployed stopped searching for jobs and the rate of those looking for full time job but they could only get part time job reached 17.4 %. The rates of job crisis in America is said to be the highest figures in the world and continuity of such trends in Americ a will certainly change the new generation and the life course (peck, 2). The economic crisis in America forced president Franklin D. Roosevelt and the congress of the time to create FDIC with an aim of providing the federal state guarantee of deposits so the inception of FDIC in America granted people with certain amount of money guarantee of their money and those who deposited their finance with FDIC were very certain that their money was safe even if bank failure occurs (FDIC, 1). How U.S economic crisis is different from the great depression What need to be reflected first is that the 1929 occurrences were termed as a depression while the current situation in America is a recession. Scholars have said that the current economic crisis in United States is unlikely to culminate into the 1929 great economic depression. Some of the notable differences between the two include the following: During the economic depression the dollar was devalued relative to gold. Currently, there is absence of gold standard that serves as a restriction to the amount of money supply that can be expanded since the gold standard was abolished in 1971 thereby making the restriction of the dollar being tied to gold standards a nightmare in today world (Krugman, 3). During Great Depression, America economy was not ridden by bad debts as it is today. Currently, U.S economy has introduced credit cards that never existed in 1929. Similarly national debt and deficits in money available for spending was significantly lower than it is today where Americas debt is largely owned by foreigners who may easily devalue the dollar through selling dollar reserves and treasury bonds a decision that may lead to an international war. Although the economic crisis has caused pain in America economy for instance collapse in financial market, overvaluation of real estate, fall in energy prices, collapse of industrial centers and existence of recession in many sectors of the economy there are hopes that some cities will recover much better than before the occurrence of financial crisis since there are almost fifteen areas in the economy that are still expanding such as oil and natural resources (Florida, 4). Similarities between japans crisis of 1990s and the U.S Economic crisis The financial market stress that hit American economy resembles Japanese market crisis after 1997. Its recorded that various banking institutions and securities greatly affected financial markets thereby leading to increased crisis in the banking system of the two countries. Likewise asset market was greatly hit with no indications of bottoming out which is similar to American real estate market. It is also indicated that great losses were noted in the financial market where cases of bad loans were prevalent and this is said to have held the recovery of Japan economy (IMF, 1). In both economies, the economic crisis led to decline in consumers consumption habits since prices for goods were unaffordable thereby making consumers to minimize their spending potential with a view that in the near future prices will fall due to decline in demand. The period between 1980, Japanese monetary authorities flooded markets with liquidity so as to enhance the business to cope up with the rising value of Japanese yen. The excessive flow of money in the economy by 1990s led to immediate increase in the market value of equities and land since many investors directed their finances in real estate business (Posen, 6). Differences between japans crisis of 1990s and the U.S Economic crisis. Although the crisis in America and Japan were spearheaded by weak regulation and easy credit, policy makers argue that Japanese crisis looked larger than the American one because Japanese crisis stretched and affected the asset prices which were believed to be three to four times bigger than the American (Peck, 2). The banking crisis in the two economies shows that the American crisis was quite uncharacteristic since it shows household profligacy whereas the Japanese banking crisis comprised borrowing of finances by firms. In Japan for instance the sum bank losses on bad debts was almost 20% of the gross domestic product between 1993 to 2005 (Dick, 2008). Trends shows that policy response to the crisis in America were quicker and this made America move into the second of and manageable fiscal stimulus package. The U.S took quicker steps to revive the banks through the use of public funds within one year while Japan took eight years to recapitalize its banking systems (Mikitini, 2000). The lesson learnt from Japanese economic crisis is that the buying habits of consumers changes negatively when the rate of inflation is very high thus consumption rate of consumers decreases because they anticipate that prices of the products and services will fall in the near future where the will be able to buy at low prices and make some savings (Delong, 8).. It can be said that current governments came up with a number of policies to counter the effects of economic crisis for instance in America the federal reserve system kept the interest rates very low and expanded supply of money in the economy. Similarly many governments adopted the policy of reducing payments on housing loans. The strategy by federal government to inject more money into banking system in 2004 to 2006 helped increase the targeted federal money to more than the normal rate of 5% which reduced demand for houses thus fall in prices for houses hence solving the bubbles in the real estate management. Federal government also began bailing companies and banks that were collapsing such as GM, AIG and Chrysler and this helped to stimulate recovery of many banks and companies (Gene, 3). Work Cited Cavallo, Eduardo. Dealing with the crisis: Lessons from America. Retrieved Marc 6, 2010 from http://www.voxeu.org/index.php?q=node/3358, 2009. Florida, Richard. How the Crash Will Reshape America. Retrieved March 6, 20106 from http://www.theatlantic.com/magazine/archive/2009/03/how-the-crash-will-reshape-america/7293/, 2008. Hilsenrath, Jon S., and Paletta, Damian. Worst crisis since 1930s with no end yet in sight. Retrieved March 6, 20106 from http: //online.wsj.com/article/SB122169431617549947.html. 2008. Stewart, Heather. International monetary fund says U.S crisis is largest financial shock since Great Depression. Retrieved March 6, 20106 from http://www.guardian.co.uk/business/2008/apr/09/useconomy.subprimecrisis, 2008. Waggoner, John. Is todays economic crisis another Great Depression? Retrieved March 6, 20106 from http://www.usatoday.com/money/economy/2008-11-03-economy-depression-recession_N.htm, 2008. Peck, Don. How a new jobless era will transform America? Retrieved March 6, 2010 from http://www.theatlantic.com/magazine/archive/2010/03/how-a-new-jobless-era-will-transform-america/7919/, 2009. International monetary fund. Japans policy response to its financial crisis: parallel with the U.S Today. Retrieved March 6, 2010 from http://www.imf.org/external/np/speeches/2009/031909.htm, 2009. Dick, K. Nanto. U.S financial crisis: Lessons from Japan. Retrieved March 6, 2010 from http://fpc.state.gov/documents/organization/110816.pdf, 2008 Shirakawa, Masaaki. Way out of economic and financial crisis. Retrieved March 6, 2010 from http://fpc.state.gov/documents/organization/110816.pdf,2009. Mikitani, Ryoichi. Japans financial crisis and its parallel to America experience. Retrieved March 6, 2010 from http://bookstore.piie.com/book-store/319.html, 2000. Tabuchi, Hiroko. Japans stationery decade cautionery tales for U.S. Retrieved March 6, 2010 from http://www.nytimes.com/2009/02/13/business/economy/13yen.html, 2009. Katz, Richard. Todays Americas financial crisis is not like Tokyos lost decade. Retrieved March 6, 2010 from ttp://www.foreignaffairs.com/articles/64823/richard-katz/the-japan-fallacy. Bank of Japan. Way out of economic and financial crisis: Lessons and policy actions. Retrieved March 6, 2010 from http://www.boj.or.jp/en/type/press/koen07/ko0904c.htm, 2009. Posen, S. Adam and Mikitani, Ryoichi. Japans financial crisis and its parallel to U.S experience. Retrieved March 6, 2010 from http://www.amazon.com/Financial-Parallels-Experience-Institute-International/dp/088132289X, 2009. Federal deposit Insurance Corporation. Why FDIC was created in U.S. Retrieved March 6, 2010 from http://www.fdic.gov/about/learn/learning/why/index.html,2004. Krugman, Paul. Monetary policy. Retrieved March 6, 2010 from http://krugman.blogs.nytimes.com/2009/12/14/samuelson-friedman-and-monetary-policy/, 2009. Foreign policy. Top 100 global thinkers. Retrieved March 6, 2010 from http://www.foreignpolicy.com/articles/2009/11/30/the_fp_top_100_global_thinkers, 2009. Delong, J. Bradford. The great crash and the great slump. Retrieved March 6, 2010 from http://econ161.berkeley.edu/TCEH/Slouch_Crash14.htm, 1997. Beland, Daniel, and Francois vergniolle. Fighting big government. Retrieved March 6, 2010 from http://www.questia.com/googleScholar.qst;jsessionid=LSyGk7VKC9CmgGkxbNp0mSm7LpLnv8K1tJY3jtmkhvJJGYsQ22pX!-1504265975!1494505646?docId=5006720711, 2005. Smiley, Gene. Great depression and current economic crisis. Retrieved March 6, 2010 from http://www.institute.sk/article.php?3100, 2009.

Importance of Brackets in Virginia Woolfs To The Lighthouse Essay

Importance of Brackets in To The Lighthouse [Here Mr. Carmichael, who was reading Virgil, blew out his candle. It was midnight.] [Mr. Ramsay, stumbling along a passage one dark morning, stretched his arms out, but Mrs. Ramsay having died rather suddenly the night before, his arms, though stretched out, remained empty.] [Prue Ramsay died that summer in some illness connected with childbirth, which was indeed a tragedy, people said, everything, they said, had promised so well.] [A shell exploded. Twenty or thirty young men were blown up in France, among them Andrew Ramsay, whose death, mercifully, was instantaneous.] [Mr. Carmichael brought out a volume of poems that spring, which had an unexpected success. The war, people said, had revived their interest in poetry.] Â   The text from To The Lighthouse, quoted above, is the sum total of all bracketed asides that appear in the novel's second section, "Time Passes." The compelling question is, why were brackets chosen to emphasize this particular information, and how do the bracketed sections fit in with the rest of the section? Â   Obviously, one purpose of the brackets is to convey personal information about the family in the midst of a narrative dedicated to the empty summer house. Death of a family member occurs in three out of the five sets. This is an effective plot device to fast-forward time and to age the surviving characters. But Woolf's text is not heavily burdened with plot devices, generally. Her prose is whittled to its bare essence. So the brackets must mean more than self-conscious literary trickery. Â   The first and fifth bracket sets are like bookends, both about Mr. Carmichael. In the first, the information about him blo... ...e powerful when read in the midst of the rest of the text, the story of a dying family, a deteriorating house, a falling away of the light from the lighthouse. They also remind the reader that life and death exist beyond places of sentimental houses. The brackets themselves add an emphasis beyond what is possible with a parentheses. Are they as strong as a voice-over would be in a movie? I don't think so. Rather, I imagine them as dialogue, spoken in the voices of children, neighbors, and documents, background noise that add to the overall effect but are only a tiny portion of the text that surrounds them. Â   Works Cited and Consulted Latham, Jacqueline, ed. Critics on Virginia Woolf. Florida: University of Miami Press, 1970. Woolf, Virginia. To the Lighthouse. Introduction by D.M. Hoare, Ph.D. London: J.M. Dent and Sons Ltd., 1960 Â   Â