Tuesday, December 24, 2019

Essay on The Duality of Light and Matter - 1203 Words

In school you learned about the atom as though the electrons were particles. But what if you were taught wrong? What if matter is in reality a wave? This is the question raised by Lois de Broglie and is the focus of this essay. First we will cover the difference between particles and waves. Then we will cover the origin of this debate, the duality of light and the double slit experiment. Then we will look at the man behind this unorthodox idea, what his scientific background is and his reasons for suggesting this unorthodox idea. Finally we will examine the data behind this experiment and see if it stands up or not. What are the main differences behind a wave and the particle? A particle has locality, this means it can be in only one†¦show more content†¦In the photoelectric effect light was transmitted onto a metal surface, with certain conditions the light could knock off electrons, its behavior could only be explained by considering light as a particle aka a photon. In Co mpton scattering the radiation of high frequency waves off of electrons could only be explained by considering the radiation in terms of quantified particles. So is light a wave or a particle? Throughout the years the debate has gone back and forth and back and forth. In the 19th century Leon Foucault Established that light moves slower in water than in air which is in favor of wave theory in the same century Maxwell proved that light was an electromagnetic wave. But in the 20th century Max Planck discovers that light is quantified and not continuous and Albert Einstein reestablishes particle theory with his mathematical proof of the photoelectric effect. Interestingly a good example of the ongoing struggle is the fact that J. J. Thompson got the Nobel Prize in 1906 for proving that electrons were particles, but his son received the prize in 1937 for proving electrons to be waves. Of course if scientists were questioning the properties of light why not matter as well? Enter in our m ain character Prince Louis-Victor de Broglie. Prince Louis-Victor de Broglie was born in Dieppe on the fifteenth of August in the year 1892. He graduated from the Lycà ©e Janson of Sailly inShow MoreRelatedThe Theory Of Louis De Broglie865 Words   |  4 Pagesexperiments like the Photoelectric effect, light behaves like a particle. In diffraction experiments, light is shown to behave like waves. This phenomena can be explained with de Broglie’s wave-particle duality theory. An experiment that can characterize whether an object has properties like a wave or particle is called the two-slit experiment. This was utilized while testing a few of Louis de Broglie’s hypothesizes. The experiment consists of â€Å"a point source of light [that] illuminates two narrow adjacentRead MoreDuality Exists in Many Literature Books967 Words   |  4 Pages â€Å"One thing you learn when you’ve lived as long as I have - people aren’t all good, and people aren’t all bad. 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Fitzgerald critically examines the duality of dreams in The Great Gatsby, a story about a young gentleman trying to achieveRead MoreThroughout most famous Greek literature, a great hero usually saves the day. In the story of900 Words   |  4 PagesRex is the focal point for the whole play. Almost every aspect of the play builds up and foreshadows Oedipus’ fall from power, and entry into pain. Sophocles in his tragedy Oedipus Rex creates a mood of dramatic irony using the dualities of sight and blindness, and light and darkness. This dramatic irony highlights Oedipus’ hamartia and in doing so Sophocles enhances his message that arrogance and is wrong. In order to understand much of the foreshadowing in the play, should keep in mind who theRead MoreTheme Of Innocence And Dr. Jekyll And Mr. Hyde1054 Words   |  5 Pages Duality Songs of Innocence Songs of Experience, by Blake, and Dr. Jekyll and Mr. Hyde, by Stevenson, are two stories, which present a case of duality. At the beginning of each of these novels, the author presents two different extremes: Blake presents innocence and experience and Stevenson presents good and evil. In both of these novels, as the story progresses, their two extremes struggle to coexist and one ultimately dominates over the other. Both Songs of Innocence Songs of Experience andRead MoreQuantum Mechanics And Its Effect On An Extremely Small Level959 Words   |  4 PagesMegan Griffin Quantum Mechanics Quantum mechanics is an account of how things rendition on an extremely small level. â€Å"Protons, Neutrons, and electrons are not balls of matter, but more like little concentrations of energy. According to the Heisenberg Uncertainty Principle, if we look at or measure the position of an electron, then other crucial information about it is lost. Also, at the moment we observe it, it basically gives that electron a position and identity in the realm of the natural†Read MoreThe s Equations Of The Universe1401 Words   |  6 Pagesequations to describe gravity and the way nature is, he has not figured out how it really works. Einstein noticed this, and learned that space, gravity, and time work together like a Spiral Wishing Well. He says that space is flat with no matter, but when there is matter, like the earth, the fabric of space warps and curves. One must imagine the hole of the Spiral Wishing Well as the earth and the penny rotating around it is like the moon to se e how space warps and how the medium that affects gravityRead MoreExperimental Confirmation : Physics Of Quantum Mechanics1046 Words   |  5 Pages2.4.1 Experimental confirmation Matter waves were first tentatively affirmed to happen in the Davisson-Germer test for electrons, and the de Broglie theory has been affirmed for other rudimentary particles. Moreover, nonpartisan particles and even atoms have been indicated to be wave-like. (A) Electrons In 1927 at Bell Labs,Clinton Davisson and Lester Germer let go moderate moving electrons at a crystalline nickel target. The precise reliance of the reflected electron force was measured, andRead MoreThes Equations Of The Universe1749 Words   |  7 Pagesequations to describe gravity and the way nature is, he has not figured out how it really works. Einstein noticed this, and learned that space, gravity, and time work together like a Spiral Wishing Well. He says that space is flat with no matter, but when there is matter, like the earth, the fabric of space warps and curves. One must imagine the hole of the Spiral Wishing Well as the earth and the penny rotating around it is like the moon to see how space warps and how the medium that affects gravityRead MoreAnalysis Of Katherine Mansfield s The Doll s House 1645 Words   |  7 PagesMansfield’s manipulation of the relationships among certain characters such as the inferior lower class Kelveys and the superior higher class Burnells she is able to convey the hardships of class struggle and also demonstrate the human nature of duality and false appearances as well as convey the innocence and pure heart of children. The story brings to topic the issues of class consciousness which has wreaked havoc in the social setting, so much so that children are prevented from communicating

Sunday, December 15, 2019

Maple Lodge Farms Free Essays

string(173) " latest acquisition of plants in New Brunswick and Nova Scotia, in addition to Ontario, is testament to their desire to infiltrate a broader market across provincial lines\." Studying the Relevance of Larry Greiner’s Developmental Phases to the Future Stability of Maple Lodge Farms Maple Lodge Farms, a family-owned business awarded the prestige of being one of Canada’s 50 best managed companies, has attained success by employing a number of strategic organizational practices. Since the inception of Maple Lodge Farms, the founders’ commitment to providing various Canadian households with the highest quality chicken products has allowed it to become one of Canada’s leading poultry companies. Initially, the business owners’ main priority was to launch Maple Lodge Farms as a highly recognizable brand capable of sustaining a loyal customer base. We will write a custom essay sample on Maple Lodge Farms or any similar topic only for you Order Now This goal was largely achieved through a variety of measures the founders implemented throughout the organization’s existence. Recently, a few of the methods used to promote Maple Lodge Farms consist of using an integrated organizational structure, ensuring the safety of the products through technological innovations and limiting the company’s environmental imprint on society. In this research paper, I intend to analyze the current transitional stage of Maple Lodge Farms in Larry Greiner’s terms, evaluate the success of the organization’s human resources strategy – relating it to Larry Greiner’s developmental phases – and offer potential suggestions to boost its future growth. For the purpose of this analysis, a discussion of Larry Greiner’s article, Evolution and Revolution as Organizations Grow: A company’s past has clues for management, is necessary to provide insight into the growth phase Maple Lodge Farms is now in. Larry Greiner, a professor at the Harvard Business School, believes the natural progression of a company from its initial stages to a more sophisticated business model is a consequence of its organizational structure. In other words, an organization’s current managerial framework influences its upcoming management decisions – hence the title of Greiner’s paper. He states that the future health of a business is dependent upon the way it is managed – i. e. its management style – in addition to how it reacts to challenges presented to the established managerial setup. Companies fail to see that many clues to their future success lie within their own organizations and their evolving states of development. Moreover, the inability of management to understand its organization development problems can result in a company becoming â€Å"frozen† in its present stage of evolution or, ultimately, in failure, regardless of market opportunities† (Gre iner, 1998). Moreover, Greiner contends that a business undergoes five known developmental phases – each characterized by both an evolutionary and revolutionary stage. â€Å"1. The term evolution is used to describe prolonged periods of growth where no major upheaval occurs in organization practices. 2. The term revolution is used to describe those periods of substantial turmoil in organization life. As a company progresses through developmental phases, each evolutionary period creates its own revolution† (Greiner, 1998). Therefore, a specific growth period is defined by a particular management style and a management crisis which results directly from it – i. e. the evolutionary and revolutionary aspects of each transitional phase respectively. Furthermore, the age and size of the organization, in addition to the growth rate of the industry, all play roles in the construction of a progression model that accurately describes a business. Greiner’s assumptions are relevant to Maple Lodge Farms because not only do they enable an understanding of the organization’s present state of development, but they also offer implications for the future stability of the business – essentially by indicating which management style a company should adopt as it grows and changes. Before I investigate the effectiveness of Maple Lodge Farms’ business plan – specifically its human resources approach – and forecast its growth capabilities, I must first identify the organization’s present developmental state. According to Greiner’s descriptions of the various stages a company undergoes, the history of Maple Lodge Farms shows that it is currently in the third phase of growth – specifically, the evolutionary part known as the delegation stage. The next era of growth evolves from the successful application of a decentralized organization structure. It exhibits these primary characteristics: 1. Much greater responsibility is given to the managers of plants and market territories. 2. Management often concentrates on making new acquisitions which can be lined up beside other decentralized units. 3. Communication from the top is infrequent, usually by correspondence, telephone, or brief visits to field locations† (Greiner, 1998). The owners’ dedication to providing superior customer service has guided every facet of the way their business has been managed. In pursuit of this goal, the company has successfully implemented a decentralized management structure. â€Å"We are there every step of the way – we have established a unique integrated development team that includes senior representation from Sales, Marketing, Research and Development, Quality Assurance, and Supply Chain to ensure superior quality and customer-focused service† (â€Å"Maple lodge farms†, 2011). This structural framework reflects Greiner’s organizational aspect of the delegation stage, as it offers managers greater responsibility in supervising the operations of their plants – fundamentally affording them the freedom to manage these plants as they see fit, with limited corporate intervention. The other traits Greiner prescribes to the delegation stage – besides the organizational arrangement –, confirms the notion that Maple Lodge Farms is in fact in this transitional phase. The delegation stage proves useful for gaining expansion through heightened motivation at lower levels. Decentralized managers with greater authority and incentive are able to penetrate larger markets, respond faster to customers, and develop new products† (Greiner, 1998). The organization’s foray into Halal poultry – especially with the prosperous Zabiha Halal line – not only demonstrates the effectiveness of the company’s branding system, bu t also that Maple Lodge Farms wants to breach the substantial Muslim market and thus attract a more ethnically diverse consumer base. Moreover, the organization’s successful promotions of its newer items – such as the pre-cooked refrigerated foods, the chicken bacon and other innovative manufactured products –, suggests that Maple Lodge Farms is attempting to cater to different preferences; the firm does this to capture a larger market segment, beyond what they have attained so far. Furthermore, the company’s latest acquisition of plants in New Brunswick and Nova Scotia, in addition to Ontario, is testament to their desire to infiltrate a broader market across provincial lines. You read "Maple Lodge Farms" in category "Essay examples" This action implies that Maple Lodge Farms is not only expanding its product lines to suit differentiated customer tastes, but also enlarging the organization nationwide – a claim supported by its recent obtainment of plants in New Brunswick, as well as Ontario, and its intention of partnering with Nova Scotia and P. E. I. growers to build primary operations in Berwick, Nova Scotia (â€Å"Grand river foods,† 2011). Since the characteristics that Maple Lodge Farms possesses are outlined in Greiner’s delegation stage, it thereby affirms that the organization is currently in this part of its evolution. Although Maple Lodge Farms appears to be doing well in the delegation stage of Greiner’s model, I believe that the organization may be on the verge of entering the revolutionary component of the third growth phase – referred to as the control crisis. Essentially, this situation arises as a product of the management style introduced in the delegation stage – involving market expansion, decentralized organizational structure, delegative managerial style and so on. Moreover, the control crisis occurs when â€Å"top executives sense that they are losing control over a highly diversified field operation. Autonomous field managers prefer to run their own shows without coordinating plans, money, technology, and manpower with the rest of the organization† (Greiner, 1998). Though this scenario may not be representative of the company quite yet, Greiner insinuates that at the end of an evolutionary period, all companies must enter a revolutionary period; it is merely the path that all organizations must follow in their progression models. Therefore, it is more than likely that Maple Lodge Farms may soon be in a crisis control situation, as its lengthy evolutionary stage is poised to end. The firm should understand the pending reality of a control crisis and be willing to make changes regarding the managerial framework, so as to preserve the health of the company. In 2010, Maple Lodge Farms was given the honor of being named one of fifty organizations in Canada that earned the Best Managed Company award. The CEO of Maple Lodge Farms, Michael Burrows, attributes this success to the customer-oriented method the company whole-heartedly embraces. At Maple Lodge Farms, we speak with our customers on an ongoing basis to gain their insights and to identify the most significant opportunities that move us closer to realizing their success†¦Our sales team is actively engaged with our customers and in the marketplace as often as possible in order to remain abreast of new opportunities and challenges†Ã‚  (â€Å"Maple l odge farms,† 2011). Maple Lodge Farms has nurtured this customer service focus through the use of effective human resources management, which prioritizes the recruitment and training of individuals able to meet inflexible customer demands. Consider the organization’s venture into the untapped Halal foods market. The company’s interest in realizing potential gains from Muslim buyers compelled Maple Lodge Farms to first launch its Halal product line in the 1990s – which has since been perfected over the organization’s existence. In adherence with strict Islamic procedures, the company employs several Muslim individuals to handle the slaughter of its chickens. â€Å"We have a team of several Muslim Blessers and a dedicated Muslim Product Manager†¦under oath to perform the duties assigned to them with honesty and integrity. ISNA’s Halal auditor visits our plant on daily basis to ensure the Halal process is followed with consistency† (â€Å"Maple lodge farms†). Consequently, in order to meet the stringent requirements of the Muslim community, Maple Lodge Farms has recruited and/or trained personnel in a highly specified manner, so as to satisfy their particular consumer needs. Additionally, the human resources department of Maple Lodge Farms encourages management leaders to continuously undergo training programs in order to keep abreast of new managerial techniques. This increases the efficiency of how all the plants of the firm are run. Moreover, the company has regular employee performance appraisals in order to ensure the quality of services offered to consumers. Therefore, the organization’s emphasis on fostering an organizational culture premised upon customer satisfaction – achieved partly through human resources policies concerning recruitment and training – has allowed the company to achieve recognition for its entrepreneurial strides. The workplace diversity amongst employees of Maple Lodge Farms – ensuing from the diversification of the firm’s product lines to accommodate Halal consumers – necessitates a form of diversity management and the implementation of employee diversity programs by the human resources department. Diversity management’s initiative is not simply to advocate tolerance; more significantly, its purpose is to combine the different perspectives of a multicultural organization’s staff and use them to improve the firm’s performance. My research indicates that while Maple Lodge Farms may have a rudimentary diversity management system in place, its human resources team should consider taking full advantage of the company’s diverse employee population. This involves: top management commitment, diversity training programs, inclusive/representative communications, activities celebrating diversity, support groups/mentor programs, diversity audits and management accountability. I believe establishing a comprehensive diversity management system will allow Maple Lodge Farms to become not only an inclusive firm but one that is more effective from a business standpoint. My analysis of Maple Lodge Farms shows that it has tremendous potential to grow as an organization. Firstly, the managerial team should consider altering its delegative style of management to one that involves coordination techniques. Since Maple Lodge Farms seems to be on the outset of a revolutionary period in Greiner’s growth model, a change in how the company manages itself is necessary. Those companies that move ahead find a new solution in the use of special coordination techniques† (Greiner, 1998). Establishing these modifications in the organizational structure and in the general way the firm is managed, will enable Maple Lodge Farms to progress into the coordination stage – the next phase of Greiner’s growth model – and maintain the company’s ste ady evolution. â€Å"All of these new coordination systems prove useful in achieving growth through more efficient allocation of a company’s limited resources. They prompt field managers to look beyond the needs of their local units†¦they learn to justify their actions more carefully to a â€Å"watchdog† audience at headquarters† (Greiner, 1998). Furthermore, the aforementioned diversity management system is another change Maple Lodge Farms should make, as it will move the organization in a new direction – wherein the marketing strategy will be more wide-ranging and cognizant of the immense diversity in customer tastes. From a human resources perspective, Maple Lodge Farms has succeeded in aspects other companies have failed in; they have created an organizational culture that whole-heartedly advocates superior customer service policies. This is evidenced by the human resources policies emphasizing the recruitment and training of qualified individuals, who are able to meet the organization’s standards of customer service. The distinction of being one of Canada’s fifty best managed companies validates the human resources measures Maple Lodge Farms has undertaken to provide first-class products and the best customer service. If the firm were to establish a strategic plan to implement a coordination management style and a diversity management system, then Maple Lodge Farms would experience no difficulties in continuing its success as a company in the future. Works Cited 1. Grand river foods fresh poultry processing division sold to maple lodge farms. (2011, November 21). Canadian Poultry Magazine, Retrieved from http://www. canadianpoultrymag. com 2. Greiner, L. E. (1998). Evolution and revolution as organizations grow. Harvard Business Review, (Reprint 98308), 4-11. Retrieved from http://www. gertjanschop. com 3. Maple lodge farms amongst best managed companies. (2011, February 23). Brampton Guardian. Retrieved from http://www. bramptonguardian. com 4. Maple lodge farms ltd. : Zabiha halal. (n. d. ). Retrieved from http://www. zabihahalal. com How to cite Maple Lodge Farms, Essay examples

Saturday, December 7, 2019

Person Specification for the Role of HR Administrator

Question: Describe about the Job Description and Person Specification for the role of HR administrator? Answer: Introduction As a line manager, I have to look through certain approaches while recruiting the staffs for my organization. The organization mainly looks after the operation part of London Underground Project. Under this project the organization mainly looks after the running of the trains, keeping the tube secure and safe, controlling the centers and stations and collecting and keeping the fare revenues safe. So a line manager of this company I need to recruit few staffs in the organization because there are three vacancies in the organization i.e. in the project section and in the human resource section. The post which is vacant in the project section is for the post of the driver in a tube and the other two vacancies is for the admin post in the human resource section (Foss and Rodgers, 2011). For recruiting the staffs certain job description and person specification need to be done for these specified posts- For the position of the tube driver the required job description and person specification needed is The role of the tube driver will be to operate the tube and making the passengers reach to their destinations safely and also on right time. For this role there is no specification of academic qualification. The person has to follow few important responsibilities that are- He has to communicate with the passengers clearly and directly through wireless media. If any incident occurs he has assist there. Have to provide outstanding care to the customers. Need to adopt flexible work time. Have to deal with any situations. Need to carry tool kits for solving basic faults. The person needs to have great communication skills both written and verbal besides great interpersonal skills. All the time he needs to be focused on the customers and also need to be capable of working individually and also in a team. Under pressure he should not panic and loose his focus and can also change rules at any point of time whenever needed (Savaneviciene and Stankeviciute, 2012). Few important things the person need to possess a valid full ongoing driving license of UK and he possesses that from the last three years with maximum three penalty points. The person should not have any case of drink and drug addiction (Kuvaas, Dysvik and Buch, 2014). All employees should have a relation of honesty and friendliness among each other and they are easily available when there is necessary of dealing with the public or passengers. The driver needs to report daily to the driver manger (Scott-Lennon and Hannaway, 2010). Job Description and Person Specification for the role of HR administrator- Working in railway as an HR administrator is a tough job. The person has to fully ensure that smooth working is going on in all sectors of the organizations. The person has be fully responsible about providing a good HR service at every step. His duty will mainly include that he is keeping a track on the vacancy system though their system of web recruitment and also managing the recruitment and selection area till they are issuing the contract papers to the new employees. As a HR admin they also have to ensure that the employees are maintaining the standards of the organization and providing a good work to the organization (Gollan, 2012). As a HR admin the main duty will be to provide full support from the time of recruitment and selection till the employees are joining. There work includes from advertising the vacancies then selecting the potential applicants. As an administrator his role will also to go through the pay roll section. He will also have to ensure about the safety of their staff and also about the policy and guidelines of the organization (De Winne et al., 2013). When an applicant is applying for a job, then the admin has to response him/her that whether they are for the job role or not. If they are fit then at what time there will be recruitment in the organization and will also have to inform that when there will be any vacancy according to his profile then he will be informed. As an administrator he should keep an eye that all the policies and guidelines and being followed by the employees or not. If not then certain action will be taken against that person. When a recruitment and selection process i s going on than the admin has to ensure that a best candidate is going through the recruitment and selection process which will help the organization. After selection of the candidate then he is offered with the offer letter and contract papers if that person is been outsourced (Townsend and Russell, 2013). The HR admin should provide with all support and news whenever it is required and will benefit the organization. The admin should ensure that there is a smooth relation between the employee and the organization. The admin should update the social sites with the information related to the organization and also keep the social media updated with the marketing ideas of the organization. The HR need to be deal with memos, letters and routines daily. The databases are maintained and updated daily or not this information also have to be with the admin. As an HR, he/she should keep all the confidential news related to the organization. If any mishap happens then the HR team sits with th e legal team along with the higher authorities for the solution. The HR admin need to report daily to the HR manger of the organization (Gupta, n.d.) Stages of Recruitment and Selection Recruitment is done by identifying the need of employee for an organization for which applications has already started arriving. Selection is done by choosing the right candidate for that specific job. At first an advertisement will be published and it will be posted everywhere like social sites, newspaper, notice boards etc. After seeing the advertisement when people will be applying for the post with their CV. Seeing those CVs the potential applicants will be chosen with the help of Human Resource team the potential applicants will be informed by calling them up and also informing them through their email-id that those people has been chosen for the first selection and recruitment procedure (Ericsson and Augustinsson, 2015). The potential applicants for the post of tube driver will be asked to come on such and such date with their important documents. The applicants need to bring their qualification certificates, driving license details and also his medical details (Hassan et al., 2015). Job Analysis For the post of HR admin the applicants should be at least a holder of MBA degree. So the person needs to bring all the documents of his academic qualification along with other testimonials (Sparrow, 2013). The role of a line manager is to work with work group till the higher position of the management. A line manager has to supervise the work of a new employee or a team. The line manager has to directly report to the higher management about the performance and safety of the employees. Involvement as a Line Manager to the selection process As a line manager my contribution for the selection and recruitment process should be by selecting the best candidate for the organization. I have to look whether the candidate, who is applying for the posts of both driver and HR administrator, is fit for the job or not. They will be able to serve for the company or not (Gilbert, De Winne and Sels, 2011). As a line manager in the section of Human Resource in this locomotive industry, I have to look after all the details taking place in the organization starting from recruiting the employee till the operating of the tube whether they are working on time or not and making the passengers reach to their destinations safely on time or not. The main work in the HR section is the recruitment and selection, so the line manager has to look through that also. For recruiting the employees for the job then as a line manger I have sit as one of the panel members for the interview and have to select a best candidate for the required vacancy. As a line manager I have to supervise the work of the new employees and also supervise the teams who are working under me. I have to directly report the higher authority about the working process of both the new employees and also about the old employees who are working under me. I have to make sure that there is no conflict between the new employees and the ol d employees and they all are working as a team member and providing the organization with their good work and best results. As a line manager I also have to make sure that there is conflict between the new employees and the organization. As the working procedure of a HR line manager and the HR manager is almost same so it had to be kept in mind for both the parties are not conflicting with each other about whose idea is the best. As a manger we have to keep in mind that we are proving the company with best results for better output (Teague and Roche, 2011). Legal and Ethical Issues For the post of tube driver the legal, ethical and regulatory rules are accepted are- The person should have a three years daily running driving license. The person should not have any legal case against him. He should not have case of killing people while driving.. He should not have any case of drink and drive. There should not have any case of drug addiction. Should have a valid address proof. For the post of HR administrator the legal, ethical and regulatory rules are accepted are- The person should not have any case in the police station. He/she should have a valid address proof so that is case of emergency the family members of that person can be contacted. Should not have any major illness which may affect his work as well as the organization. These legal and ethical issues are applied for these posts because the organization does not want any employees who have any illegal past. For the post of the driver they are applying so many rules and regulations because the organization does not want their passengers to be any unsafe hand. As this is a locomotive industry so the main priority of this industry is the safety of the passengers. So if any driver has any criminal record of drinking and driving or any drug addiction then while driving the tube he may be drunk or his addiction an arise then during that time there will be question about the safety of the passengers. About the valid address proof if there is any emergency and the person is on holiday then he can be informed if his phone is off or there can be also the case of any emergency with the particular person then the family members of the concerned person can be informed immediately(Kuvaas, Dysvik and Buch, 2014). The rules for the HR admin because none of the company will want an employee who has a criminal record and working in a reputed organization because no one will be eager to work with a firm whose employee has a criminal background (Javaherdashti, 2003). Stages and Purpose of Performance Management Figure 1- Performance Management Cycle In the performance management lifecycle the performance of a employee is calculated that how well the employee is performing in his job whether there is a gap or not. If there is a gap in the performance then by what ways the employee can overcome those gaps? The performance gap can overcome by planning like how to increase the performance level then the review will be done that whether progress is happening or not and then evaluating is done on the performance to see that whether the gap has been overcome or not. Benchmarking HR Performance Figure-2 - Benchmarking HR Performance As the performances of the employees are measured through the performance cycle like that the performance of the HR is also measured. The HR performance is benchmarked by their high performance level and low performance level. In high performance level it is seen that what the HR has achieved and in low performance level it is seen that where they are lacking and how they can improve their performance. 360 Degree Feedback Figure 3- 360 Degree Feedback An employee can calculate his performance level by himself also. The employee can overcome their performance level by taking feedbacks from his peer group, subordinates and managers. By taking suggestions from them an employee can increase their performance level. Conclusion In a nutshell it can be said that as a line manager of an organization in the HR section has to keep our eye open so that the work is done properly and also in a smooth way without any conflict. While recruiting a new employee many things have to be kept in mind because the organization has many expectations from that new employee. As a line manager of HR, I have to look after each and every detail from recruiting to operations of the tube that they are working on time or not. Line manager has a huge duty of supervising the works of the employees and also have to keep all the details of the organization. Line manager is link between the lower level employees and the higher level management authorities (Ryu and Kim, 2013). References De Winne, S., Delmotte, J., Gilbert, C and Sels, L (2013) Comparing and explaining HR department effectiveness assessments: evidence from line managers and trade union representativesThe International Journal of Human Resource Management, 24(8), pp.1708-1735 Ericsson, U. and Augustinsson, S. (2015). The role of first line managers in healthcare organisations - a qualitative study on the work life experience of ward managersJournal of Research in Nursing Foss, K. and Rodgers, W (2011) Enhancing Information Usefulness by Line Managers' Involvement in Cross-Unit Activities.Organization Studies, 32(5), pp.683-703 Gilbert, C., De Winne, S. and Sels, L (2011) The influence of line managers and HR department on employees' affective commitmentThe International Journal of Human Resource Management, 22(8), pp.1618-1637 Gollan, P. (2012). HR on the line: human resource managers' contribution to organisational value and workplace performance.Asia Pacific Journal of Human Resources, 50(3), pp.288-307 Gupta, S (n.d.). HR Profession: A Prospect Role of Line Managers.SSRN Journal Hassan, M., Abu Mansor, N., Wan Abdul Rahman, W. and Yuskelana, B. (2015). Do line managers have linking pin in HR roles?.Intangible Capital, 11(1) Javaherdashti, R. (2003). Corrosion Management: A Guide For Industry Managers.Corrosion Reviews, 21(4). Kuvaas, B., Dysvik, A. and Buch, R. (2014) Antecedents and Employee Outcomes of Line Managers' Perceptions of Enabling HR PracticesJournal of Management Studies, 51(6), pp.845-868 Kuvaas, B., Dysvik, A. and Buch, R. (2014) Antecedents and Employee Outcomes of Line Managers' Perceptions of Enabling HR PracticesJournal of Management Studies, 51(6), pp.845-868 Ryu, S. and Kim, S. (2013). First-Line Managers' HR Involvement and HR Effectiveness: The Case of South Korea.Human Resource Management, 52(6), pp.947-966 Savaneviciene, A and Stankeviciute, Z (2012) HRM and Performance Linkage: The Role Of Line Managersecoman, 17(1) Scott-Lennon, F and Hannaway, C (2010)HR for Line Managers - Best Practice Dublin: Management Briefs Sparrow, J (2013) The five key roles of managers: how HR can build engagement that lasts.Strategic HR Review, 12(2), pp.83-88 Teague, P. and Roche, W (2011) Line managers and the management of workplace conflict: evidence from Ireland.Human Resource Management Journal, 22(3), pp.235-251 Townsend, K. and Russell, B (2013) Investigating the nuances of change in front-line managers' work.Labour Industry: a journal of the social and economic relations of work, 23(2), pp.168-181.

Saturday, November 30, 2019

Summary on Your Trusted Friedns by Eric Schlosser free essay sample

: Summary to miour Trusted Friends by Eric Schlosser. Eric Schlosser, an investigative Journalist best known for his book Fast Food Nation from where the piece miour trusted friends is taken describes few types of marketing strategies implemented by Walt Disney and Mc Donalds corporations. Throughout the text Schlosser is drawing parallels between Walt Disneys and Ray A. Krocs business practices. What they both had in common, as being friends and children of the same generation, they used in their business approach. One of the strategies adopted from his riend Walt Disney was synergy, which is the way of selling things by making licensing agreements with other companies for using their brand name. .. Another strategy was called cradle-to-grave(p. 190), where marketing campaigns targeted people of different age groups in their advertising. According to Schlosser, Krok believed that childhood memories of a brand will lead toa lifetime of purchases. He truly believed that the way the food is sold is as important as it tastes. We will write a custom essay sample on Summary on Your Trusted Friedns by Eric Schlosser or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page One of the most important comparisons the author of the book is stating between Walt Disney and Ray Kroc is that they both mastered their art of selling things to young children. The idea of borrowed from Walt Disney, resulted in creating the characters further utilized in advertising the Mac Donalds foods to children. Mac Donald used a thoughtful way to get kids to eat there by collaborating with other companies via selling their toys with happy meals and by making a mascot that would catch a childs eye. Fast-food companies went even further, creating the play lands, where smiling and funny Ronald Mac Donald was probably more appealing to the ids than the food itself at times. And it served its purpose of attracting huge numbers of children to Mac Donalds restaurants. Schlosser asserts that the idea of using characters in advertising of fast food companies is used to manipulate the children and make them like eating at their restaurants. A great deal of physiological research from marketing companies hired by businesses lies beneath every campaign. According to the author they analyze childrens artwork, hire children to run focus group, stage slumber parties and then question children into the night (p. 190). Internet became another important way of collecting valuable information about children. And if not the Childrens Online Privacy Protection Act effective 2000, internet would be still used to collect the data for further marketing approaches. advertising. Despite all efforts to protect children and ban the kids commercials, the congress made a decision to continue them. Creating videos featuring Mac Donald characters and selling them to kids, sponsoring sports and advertising their products 2417 on family channels all these steps strengthen the connections between fast-food industry and Hollywood.

Tuesday, November 26, 2019

Fuel Hedging a Strategy for Air Carriers to Combat Fuel Hike Essays

Fuel Hedging a Strategy for Air Carriers to Combat Fuel Hike Essays Fuel Hedging a Strategy for Air Carriers to Combat Fuel Hike Essay Fuel Hedging a Strategy for Air Carriers to Combat Fuel Hike Essay Fuel Hedging A Strategy for Air Carriers to Combat Fuel Hike Index Jet Fuel – The Nemesis of Airlines In the year 2008, the growth of global aviation industry received a major bolt from the fear of global economic slowdown and the rise in crude oil prices. Though the global economic uncertainties impacted the business of airlines, but the steep surge in crude prices has changed the financial equations of the airline across the world, with India being no exception. In fact over the previous ten months crude prices have increased over 80 percent, from nearly $80 per barrel in October, 2007 to $147 per barrel in June, 2008. A similar increase was seen in the case of Arabian Gulf Jet prices. As per the figures released by IATA (International Air Transport Association), fig. 1, the price of Jet Fuel, as on 1st Aug’07, has increased by 314. 5% since 2000, and almost 70% since August last year. IATA has forecast the loss in aviation sector to be nearly USD 2. 3 billion (more than 9500 crores) in 2008. |1-Aug-08 | Fig. 1 Aviation Turbine Fuel more popularly known as ATF or Jet Fuel, continues to be the single largest cost factor for airlines constituting nearly 40 per cent of the total operating costs. Hence as ATF prices start to increase, airlines typically respond by raising fuel surcharges. Only Rs. 225 of the surcharge is payable to AAI (Airports Authority of India); the balance goes to the airlines. In the past six months alone, fuel surcharge has increased from nearly Rs 950 to Rs 2,350. That’s nearly an increase of 150%. Considering a basic fare of Rs 1,000(say) and other charges being constant, cost of flying has nearly doubled. : That is deterring the low and middle income group travelers who were beginning to switch to air travel mode from traveling by railways. The rise in crude prices is hurting both high end carriers and low cost carriers as the decline in the number of passengers has affected the load factor. The load factor for Indian carriers has come down during June-July period. Further increase in ticket prices, which is inevitable if the fuel prices rise further, can devastate the future plans of airlines. Reasons for Rise in Fuel Prices Demand Outstrips Supply According to the experts, the demand for crude oil is directly related to the world GDP growth. During the last few years, the developing countries like India and China have seen tremendous growth, and hence accelerated the demand for crude oil. Though the developed countries have also seen growth, but the increase in the buying power of people is higher in developing countries. Although the demand has surged but the supply side has not seen much change. The oil reserves are more or less same and producing same amount of oil. This mismatch in demand and supply has been the most prominent factor behind the crude prices rally. OPEC Control The Organization of Petroleum Exporting Countries (OPEC) is an organization of eleven developing countries that are the major exporter of crude oil across the globe. OPEC controls almost 40% of the world’s crude oil. It accounts for almost 75% of the world proven oil reserves. OPEC yields power to disturb the supply-demand equation by squeezing the supply side, and it has even been observed in the past that OPEC countries have reduced the supply of oil to increase the prices. Speculative Buying and Selling A lot has been debated over the trading of oil futures in the commodity exchanges around the world. The OPEC countries, to shift the blame, criticize that speculation causes the prices of commodities like fuel to rise beyond expectation. Cartelization and hoarding of oil are said to be responsible for such irrational increase in the crude prices. Possible Measures The factors that control the prices of crude oil are all external to aviation industry. The airlines can’t just wait and watch their profits dwindling. They need to pull out some strategy to safeguard itself against the nemesis. Globally the strategists in aviation are evaluating two options: Alternate Fuel – With the surge in fuel prices, the demand for an alternate fuel is all time high. Airlines and aero plane manufactures like Boeing and Airbus are spending millions on the research of technologies and alternatives to jet fuel. Recently Virgin Atlantic’s Richard Branson has allocated 3 Billion dollars to Virgin Green Fund to be spent on alternative fuel and solar technologies over the next decade. In the recent past several test flights have been made using the alternatives like bio fuel. Virgin Atlantic flew an experimental flight on a Boeing 747 using a blend babassu palm oil and coconut oil. The thrust is on the research of fuel which is environmentally safe and can be produced without putting stress on arable land. The aircraft manufactures are promoting research on fuel which can be drop-in replacement which should not require change in air frame, air engine as very expensive investment would be required then. Fuel Hedging Fuel hedging is the practice, often employed by airline companies, of making advance purchases of fuel at a fixed price for future delivery to protect against the shock of anticipated rises in price. Fuel hedging is a risk mitigating strategy. It doesn’t add to the profits but protects against any future losses due to rise in fuel prices beyond the expectations. Hedging is a popular tool used by the airlines globally to insure themselves during the fuel crisis situations. Fuel hedging is done in the commodities market either directly using the ATF/Jet Fuel futures or by surrogate means using crude oil futures or heating oil futures due to a very high degree of correlation between the prices of ATF and crude/heating oil. Since fuel has become the major component of expenses of airlines, many airlines like Lufthansa have created a separate department to devise strategies on oil. It has been observed that the strategies of such airlines have been predominated by fuel hedging. Hedging- A Lone Rescuer With relentless oil price fluctuations, and uncertainty of the results of bio fuel, the only answer for Indian Airline companies is to take a leaf out of the book of their global counterparts and incorporate a sustained hedging programme to maintain fuel cost as a percentage of total expenditure. Fuel Hedging and Global Carriers Fuel hedging is best exemplified by Southwest Airlines, a low cost American carrier, whose hedging against rising fuel costs has helped the discount carrier soar high above its competitors. Southwest treasurer Scott Topping mentioned in an interview that with their hedging advantage, they have enjoyed more flexibility in managing revenues. Southwest locked in oil at $51 a barrel prior to crudes yearlong run-up in the year 2007. For the first nine months of 07, the Dallas-based carrier realized gains of $427 million. Those hedging profits, a result of a shrewd call by Southwest CEO Gary Kelly, have kept costs down. To have a better understanding of the standing of airlines in term of hedging, let’s look at the Air Fuel Expense and hedging Summary for major airlines of US for the year 2003-04. Fig. 3 summarizes the fuel expense and hedging strategies for the 13 US airlines included in this analysis. [pic] Fig. 3 It can be seen in the figure the low cost carriers like Southwest and JetBlue are the major hedging airlines. Because of its hedging strategy, Southwest Airlines is termed as a hedging firm instead of an airline. However, the financial results of these airlines show that hedging has helped them to sail across in trouble water. Further, In addition to the obvious importance of controlling such a significant operating expense for an airline, numerous academic studies have demonstrated that measurable fuel hedging can increase the value of the firm. While there are a number of factors that influence an airlines valuation, the valuations of the airlines (as measured by the firm’s price to revenue ratio) do have a positive correlation coefficient with the airlines level of fuel hedging, as shown in Fig. 4. Price/revenue ratio is presented rather than price to earnings because many of the airlines have negative earnings. [pic]LUV – Southwest, JBLU- JetBlue, AMR- American, AAI – Airtran Holdings, FRNT – Frontier, MEH – Midwest Air, NWAC – Northwest, CAL – Continental, DAL – Delta, UALAQ- United, ATAH – ATA, UAIR – US Airways Fig. 4 Fig. 4 clearly shows that Southwest Airlines, and JetBlue, the airlines which hedge most, are valued proportionately higher than other airlines. The confidence of investors is higher in these airlines because their hedging strategies cover them against any fluctuation in fuel prices. Hedging is not only common among US carriers, the European carriers like Lufthansa and Air France-KLM have also shielded themselves from fuel fluctuations by locking into fuel hedging. Lufthansa hedge almost 85% of its fuel consumption and has increased its operating profit by 63% for fiscal year 2007-08. Airlines from Asia Pacific region such as Malaysian Airlines and Singapore Airlines have also used hedging during the fuel fluctuation. Fuel Hedging and Indian Carriers While aviation firms around the world have taken to hedging to insulate themselves from the high oil prices, Indian carriers have generally shied away from it. In 2007 when the government allowed hedging, Air India was the first airline in the county to hedge but soon backed out after it saw losses. Air India did hedging of 10% of its fuel consumption on NYMEX. A senior Air India executive told that the airline initially made money through hedging. But after a round of losses when oil came below the hedged prices, it discontinued the practice as no one wanted to take the risk. Unfortunately, such past experiences are still discouraging airlines from adopting a hedging strategy. Hedging is also considered to be a specialist domain which has resulted in some airlines staying away from it. A Raghunathan, CFO, Kingfisher Airlines, in his interview to DNA Money said, Because it was not allowed in India earlier, the expertise required for it is not available. However, airlines are waking up to the profits of hedging. â€Å"Hedging has not been traditionally done in India. In hindsight, it sounds wise today to have done that,† GoAir spokesperson Neeraj Kapoor quoted in a DNA Money. The company is evaluating the process of hedging. Fuel hedging is only allowed in India in 2007 by RBI. Earlier if an airline wanted to mitigate the risk of fuel prices; it could only hedge in foreign markets. This has also discouraged carriers as trading in foreign markets expose them to the problem of currency fluctuation. It’s like evading one problem to accept other. As an effect of RBI orders, MCX (Multi-Commodity Exchange of India Limited) has introduced ATF futures and crude oil futures. Fuel Hedging – Available Hedging Options in India ATF Futures Airlines in India can do hedging in both domestic and international markets. MCX has been given nod by the Forward Market Commission, the commodity markets regulator, in April to offer ATF futures. ATF futures are now available in futures market for trading. Appendix 1 details the different ATF futures contracts available for trading on MCX. Appendix 2 shows the month wise turnover for ATF futures as compared to other commodities futures on MCX. Since the trading of ATF futures has only started in July, figures are only available for the month of July. ATF futures can also be traded on JPTC. Airlines are a little suspicious of the hedging of ATF futures because the volume available for hedging is small and lack of availability of past trends. Crude Oil Futures ATF is only traded on only two commodity exchanges around the world – MCX and JPTC. So, airlines around the world, especially American and European carriers use surrogate hedging which basically means use of alternate commodity which has a high degree of price correlation with the original commodity. In the case of ATF, Crude oil and heating oil are the alternatives for ATF. As can be seen the figure below, there is a high degree of correlation between the price of Brent crude oil and Jet fuel. In the surrogate trading the actual transfer of commodity doesn’t take place. If the prices go up then profit earned in futures market can be used to buy Jet fuel in the spot market. [pic] Same holds true for heating oil (refer figure below) which is the main commodity of hedging by the airlines. In the US primarily airlines prefer heating oil for hedging. The number of contracts purchased depends on the correlation between the prices of the commodities. pic] Preferred Option in India – Brent Crude Oil Hedging For the quarter ending June’08, ATF futures were not available for trading. First future contract on MCX has expiry of July’08. So, Brent Crude oil (BRCRUDEOIL) futures traded over MCX are preferred to construct the model. Moreover, the ATF futures contracts volume is low which is deterring investors from investing. It has also be en noticed that ATF futures are 6 months contracts while the Brent Crude oil contracts are 3 months contract, so in the scenario like present days the short duration derivatives are preferred. In addition, the movement of the prices of both commodities is similar (refer Appendix 3). Hedging for Jet Airways Jet Airways along with Jet Lite is the largest carrier in India. It has the fleet of more than 100 aircrafts used for both domestic and international operations. For the two consecutive years, it has generated significant operating profit, but for the quarter ending June’08, it suffered an operational loss of Rs. 3950 millions (refer Appendix 4). The Fuel expenses, which used to constitute 25-30% of total expenses, were Rs. 3040 millions; approximately 40% of Jet Airways’ total expenses (refer Appendix 4) because of soaring Jet fuel prices. Jet Airways had hedged once on foreign bourses when fuel hedging was not allowed in India. However, due to the impact of currency fluctuation on the returns from hedging, the experience wasn’t satisfactory. Based on this experience, it didn’t opt for hedging during the recent times. But, according to Jet Ai rways’ Saroj Dutta, Jet Airways is now contemplating to enter into hedging and is evaluating various options. It would be prudent to use Jet Airways example to understand the intricacies of Fuel hedging. The analysis of the quarterly results, for the quarter ending June’08, shows that the operating losses that Jet Airways incur were almost 30% of the total fuel expenses. If we assume that the quantity of fuel required for the entire quarter was constant, then the 30% reduction in fuel expenses can flatten the operating losses to zero. Let’s use hedging to analyze the scenario. The prices of crude oil have seen unexpected surge in the first of quarter of the year2008-09, so the importance of hedging can be best demonstrated for the data pertaining to this quarter. Since surrogate hedging is done, Jet Airways will take only position, and will not take actual delivery of the Brent Crude. The futures contracts available on MCX have a period of 3 months. To hedge for the month of April, the airline can start hedging in Jan. It is assumed Recommendations The analysis of the contemporary position of airlines with respect to surge in fuel prices suggests fuel hedging is the call of the situation and air carriers should start evaluating it as a potential strategy against the fuel spikes. Hedging can help airlines generate stable cash flows. In an uncertain environment hedging airlines are able to predict future cash flows and earnings and make investment during the high stages of the price cycle; such a strategy is valued higher by the investors. Secondly, hedging allows airlines to take advantage of investment opportunities in times of high commodity prices. It is more likely that airlines will go bankrupt when fuel prices are very high, and in such cases they are often forced to sell planes and other assets at substantially below-market prices. Airlines that are hedged against higher prices will have more resources available to invest and are therefore the only ones able to purchase these discounted assets, thus strengthening their competitive position and growing value. Hedging is not believed to be a long term solution to the fear of fuel hike. It flattens the spikes for a small duration. The airlines should really start looking for alternate fuel for sustainability in the future. A few millions spend now on technology upgradation and on research of alternatives can earn billions for the industry in the future. The aircraft manufactures should be encouraged to innovate to decrease the dependency on the nemesis. Airlines also need to evaluate other options to reduce the expenses. The complete operational model should be reviewed to take care of different scenarios. Airlines should look for lighter aircrafts as the fuel consumption is directly proportional to the weight of an aircraft. Other methods like revision of wage structure, scrutinization of non-profitable routes and optimum utilization of aircrafts should be incorporated by carriers. Hedging, however, comes with a word of precaution. Airlines in the wake of saving themselves from future crisis after seeing the sudden surge of crude in the recent past, should not indulge themselves in over-hedging, hedging more than expected to be consumed. Fuel hedging can also result in losses if the prediction goes wrong and prices come down. If, for example, an airline forecasts that it will burn 100,000 gallons of jet fuel in a given month, hedges 100% of this usage, and then uses only 80,000 gallons, it calls into question the company’s ability to hedge. Therefore, it should be a common practice for firms to hedge up to the level they are certain to use, and remain unhedged for any additional consumption. Airlines should always devise a strategy by understanding the recent trends how much short and how much long it should go. Hedging with an Example Over hedging should be avoided Other alternatives should be analyzed at regular interval Other startegies like reduction in the weight of an aircraft Wage structure should be revised Portfolio should be preapred for hedging pic] Source: www. iata. org Fig. 2 What is more disturbing to the airlines than the rise in fuel prices is the drop in Consumer Confidence Index as can be seen in, Fig. 2 which is released IATA in financial forecast statement, June’08. The figure is depiction of Confidence Index of US consumers. The 2. 5x rise in fuel prices from 2003 to 2007 was survived by the industry because during that same period consumer confidence rose, the world economy experienced exce ptionally strong growth, and airline revenues boomed.

Friday, November 22, 2019

Approaches to Adult Learning

Approaches to Adult Learning Annotated Overview The focus of this writing will be on the themes of the assigned chapter readings for Week 6. These chapter reading from Learning in Adulthood: A Comprehensive Guide was in the following chapters: 8, 9, and 10. This paper will also include additional learning resources (media video and instructor’s notes) and will outline points of interests gained from their viewing and reading. Week 5 Annotated Chapter Assignment This week’s study involved our reading of three chapters, viewing two media videos and article reading. This paper will touch on the points of interest that resonated with me in my reading as well as thoughts that I explored from the supportive learning resources (media video and instructor’s notes). The paper will conclude with a summary/discussion of what was gained through this learning experience and discuss ways this learning can be implemented. Understanding and Facilitating Adult Learning: A Comprehensive Approach Chapter 8 Theme The overall theme of this chapter highlighted an integrated approach to learning which shows the synergistic connection and combination of the mind, body, and spirit in learning called embodied learning. It also discussed the significance of learning through storytelling and heightened learning outcomes of narrative teaching. This section will address the points of interests that inspired to onto further study. Narrative Learning There are events that happen in our life which are unique. Some are uniquely dull and some can be uniquely exciting. However, the case each has a unique storyline that when told can help others to better understand and know something of the storyteller’s world that may lead to a significant discovery in their own. The writer points out that â€Å"Narrative knowing are not so much driven to find out more about the tangible outcomes of an event: its facts, logic and such, than they are about discovering meaning, and gaining under standing of the same event (Merriam, Baumgartner, the implications in the statement of one being personally involved in learning was spoken loud and clear throughout week six chapters. In reflecting on the theories and principles of transformative learning I can say that one of the enlightenments that I take away is through the means that transformative learning, one’s internal and external awareness is enhanced within that transformative learning experience. What I mean by that is, I learned that learning is more than just sitting in a room assimilating data. Cohen points out, that when one embodies the learning the learning experience, there is an opportunity created where any portion of the information being received can connect with meaning that initiates one’s conscious awareness that brings about a reflective moment which ushers in a revelation of one’s higher self. Transparently speaking, this reading brought up some thoughts that I had not previously co nsidered. Consequently, these three eye-opening chapters demand a deeper review and reflection on my part, if for nothing else than for the sake of growth through perspective changing and social enlightenment, which is the message I felt the writer was conveying within these three chapters. Incorporating Media and Instructor Notes The video, â€Å"New Approach to Learning† was an expose on the creator of Khan Academy. He is a former Hedge Fund analysis who started a free on line e-learning you tube website. This is a unique approach to sharing information with others that assister the self-directed learner supporting their ongoing learning settings. The presenter points out that his approach is simple and effective and attracts the attention of youth and adult learners around the world. The benefit of this approach to learning is that the learner can have ready access for a variety of learning event while learning at their pace. Mr. Khan points out that according to resea rch information the length of the content is at the right amount that facilities learning. The presenter also brought in a interviewee who expressed how this type of learning is a valuable asset to locations around the world that may not have access to any formal or informal means of education (Vantage Siam Co., 2011). The video, â€Å"Gen Y & New Approaches to Learning & Training† was interview centered on Generation Y and their approach to learning. The interviewee pointed out the demographic range of this new type of learner and the desires of the Gen Y group of learners to be taught in accordance to the technological society we live in. They want to be free in their ability to use the knowledge with the technology they have grown up with as compared to previous generations who did not have similar types of access. Both the interviewer and interviewee agreed that the responsibility of the teacher is to move away from former methods to incorporate this new desire for lear ning by making it easy for student involvement and encourages participation. This move will not only affect the present generation but it will prepare them for the upcoming one – Gen Z.(Award1956’s channel, 2010). The video, â€Å"Koren Alberich on New Approaches to Learning† was interview on three examples of learning using alternate reality games and virtual worlds. The interviewee explained how the games and worlds can be made to adapt to any environment and setting. Each can be structured to simulate desired learning outcomes. Two salient outcomes of these new approaches are: 1) the scalability. The environments and settings can meet any size of learning audience, 2) as for the use of virtual worlds they can be create real-time global location via internet that can bring global locations into one location (Clarey, 2011) Conclusion The overall thought of this week’s lesson has been an approach to learning that has helped me in synthesizing my lif e to what has been presented within these three chapters, as well to the previous lessons. Subjects like the principles of embodied learning with its lesson on spiritual and narrative learning are very insightful. I am a Pastor of a small congregation and I teach using the preaching method of expository preaching. After reading about narrative learning I have added storytelling as an element of preaching to help the listener gain a richer understanding of the content of my message. This is one example of how I have applied what I am learning. I believe that knowing and not applying what one knows means that knowledge remains as theoretical information. However, when that same knowledge is put into action then it takes on another essence, by becoming reality in the life of the one that has applied it. As I further reflect on what take away from the chapter dealing with Learning and knowing I now look at with I know and have learned through new lenses. Taking others perspectives, espe cially other cultures, will be hard to do. That is if one is not willing to, at the least, empathetically look at life from someone else’s perspective. I agree with the chapter writer concerning our western egotism when it comes to learning that inders us in that aspect. Our pride should not be the thing that keeps us from learning and knowing from other cultures. The truth is, in many cases other cultures have truly learned and know more than our does. Any barrier to intellectual growth must be overcome if we as a whole – world round – if we are to grow together. And as barriers, such as cultural pride and others come down that gives way to areas of growth in realms such as meaningful dialog brought about by the ethos of critical theory, as well as acceptance of ideals founded in postmodern and feminist perspectives. When approached with a mindset of open-mindedness, these theories and concepts are enlightening and the means of growth. Light makes things grow. Needless to say, I feel I have grown to have a deeper appreciation for what I have experienced thus far and look forward to what more is to come. References Award1956’s channel (Producer), & Award1956’s channel (Director). (2010, December 8,). Gen Y & new approaches to learning & training. [Video/DVD] Retrieved from https://www.youtube.com/watch?v=o-SXIdXMqeA Bohman, J., & Rehg, W. (2014). Jà ¼rgen habermas. Retrieved from https://plato.stanford.edu/entries/habermas/#HabDisThe Clarey, J. (Producer), & Clarey, J. (Director). (2011, April 22,). Koreen olbrish on new approaches to learning. [Video/DVD] Foote, L. S. (2015). Re-storying life as a means of critical reflection: The power of narrative learning. Christian Higher Education, 14 (3), 116-126. doi:10.1080/15363759.2015.1028580 Merriam, S. B., Baumgartner, L., & Caffarella, R. S. (2007). Learning in adulthood (3. ed. ed.). San Francisco, CA: Jossey-Bass. Nemec, P. B. (2012). Transformative le arning. Psychiatric Rehabilitation Journal, 35 (6), 478-479. doi:10.1037/h0094585 Paul, & Pedersen. (1980). The cultural boundaries of education and non-eastern alternatives. 1 Retrieved from http://journals.sagepub.com/doi/abs/10.1177/014303438000100507 Qiufang Fu, Zoltan Dienes, Junchen Shang, & Xiaolan Fu. (2013). Who learns more? cultural differences in implicit sequence learning. PLoS One, 8 (8) doi:10.1371/journal.pone.0071625 Vantage Siam Co., L. (Producer), & Vantage Siam Co., L. (Director). (2011, 15 July). New approaches to learning. [Video/DVD]

Wednesday, November 20, 2019

Unemployment and the economy Coursework Example | Topics and Well Written Essays - 750 words

Unemployment and the economy - Coursework Example This has been shown to be as a result of three major reasons which are, the aging population, cyclical decline as a result of historical patterns in the past recession and other factors including the consequences of the Great Recession. In the run-up to 2008, it was discovered that the participation rate decline was conditional on age. However, the decline rate for prime-age men and women was offset by the increase in the participation rate for older workers. According to discoveries, there have been disruptions in the labor market due to the impacts of the 2007-2009 recession. Population growth has slowed coupled with declines in the labor force participation rates. It has been projected that the decade, that follows, will bring forth an aging workforce that grows slowly and declining overall labor force participation. After the decline in the 2001 recession, the Labor has maintained a steady rate of 66.0 percent from 2004-2008. As a result of shifts in the labor due to the baby balloon generation, it is seen that these shifts do not have an injurious influence on the unemployment rates. Labor force participation rate is a measure of the proportion of non-institutional civilian population either employment or looking for employment. By the year 2011, 85.2 percent of college graduates participated in the labor force which exceeded the previous year by 1.9%. The participation rate of those with advanced degrees by that time was measured to be at 91.0 percent. This rate was found to be the same for both women and men, disregarding the types of degrees received (Anderson et al., 2009). Since the year 2005, US population and labor force trends have shown that out of the total population estimates, half of it has always been an active labor force. The rapid growth in the labor force in the US over the past decades has been attributed to the growth in the size of population as well as the increased rates of participation of women in the labor force

Tuesday, November 19, 2019

Characteristics of strategic decision Essay Example | Topics and Well Written Essays - 250 words

Characteristics of strategic decision - Essay Example Purchasing an automobile involves a reallocation of resources and the investment is irreversible. The decision could be controversial and may have consequences if the purchase is not made. When purchasing a vehicle, the strategic decision had to be made whether to purchase an older model or a newer model. An older model vehicle could be purchased sooner because it would require a lower down payment and the monthly payments would be lower. A newer model automobile would require a bigger initial investment and the monthly payments would be higher. The long term consequences of purchasing an older model vehicle could result in constant repair bills. A newer automobile may not need the repairs. In either case, the strategic decision would involve and irreversible decision. The vehicle purchase would require a reallocation of funds from a bank account for the initial down payment. There is opportunity costs involved when making a strategic decision to purchase the vehicle. The decision in volves using the available to capital to purchase an older model sooner or continue to save for a larger down payment for a newer model vehicle. In either scenario resources will need to be reallocated. Purchasing the vehicle caused disagreement because the funds that were reallocated could have been used for educational expenses.

Saturday, November 16, 2019

Women and Politics Essay Example for Free

Women and Politics Essay There is no doubt that over the years, men have been dominating politics of most countries in the world. But it doesn’t mean they did splendid job in what they are suppose to do? Politics has never been an easy place for any man who supposedly can’t even handle political landscape at home. Family of course. Today, most countries in the world face problems of democracy, justice, equality, social problems arising from bad governance of those in corridor of power who are mostly men. Having failed to provide good governance, when come to think of it, there is nothing wrong if women who are noted to be caring, concern, and responsible are given more chances in government for possible change in the ‘status quo. Should a woman involve in politics have always been subject of controversy over the years. But among other political posts today few women are already presidents of countries and senators, assembly members, and councilors . Cristina Fernandez de Kirchner (Argentina), Dilma Rousseff (Brazil) and Joyce Banda (Malawi)- presidents of representative countries have proven that woman can own a place on the top of political settings. Woman have been viewed weak and are less interested or less knowledgeable about politics than men. Perhaps this is why women feel removed from the current political process. If women see that politics remains a men-only club then they are far less likely to participate and to put themselves forward. If they see a women leader in the political settings, it encourages them to vote, to campaign and to engage in politics. Many women cannot participate in politics because they are held back by factors such as violence, poverty, lack of access to quality education and health care, the double burden of paid and unpaid work. And because of these obstacles, we are losing a lot of good women leaders and countries and people are suffering from their absence. This is why it is so important to actively promote women’s political participation, including through affirmative measures, as appropriatee. Women’s participation is fundamental to democracy and essential to the achievement of sustainable development and peace. To show that countries with women’s leadership in the corporate sector results in improved business performance. And we know that countries with more women in parliament tend to have more equitable laws and social programmes and budgets that benefit women and children and families. In 1911, women were allowed to vote in just two countries in the world. Today, a century later, that right is virtually universal. All over the world, the cries for democracy are being amplified through new technology. With mobile phones, thanks to companies like Nokia and others, and twitter and facebook, women are making their voices heard, and there can be no real democracy without women’s full and equal participation. In every country and in every region, women want their voices to be heard. Given the challenges that we face today, we need the best leaders we can find, and many of these leaders are women. Women bring their own insights and perspectives, and diversity improves decision-making. Women tend not to be so concerned by institutional arrangements and big numbers, and focus instead on particular issues and how they affect their families. But one thing politicians know for certain is that we can only win elections if we win the support of female voters. If we look at the policy changes in paid maternity leave and family-friendly working hours, the huge increases in spending on health care and education, and the minimum wage, we can see radical change benefiting women.

Thursday, November 14, 2019

National Science Foundation Pre-doctoral Fellowship Essay -- Medical E

National Science Foundation Pre-doctoral Fellowship Biotin is an essential vitamin for humans; it must be included in infant formulas and in fluids for intravenous nutrition. Even though it is a necessary component of our diet, we do not yet know the mechanism by which biotin, also known as vitamin H, is synthesized in the body from dethiobiotin. The enzyme that accomplishes this conversion has been termed biotin synthase. This enzyme catalyzes the insertion of sulfur at nonactivated positions of dethiobiotin, between carbons C1 and C4, to generate biotin. This mechanism is of interest because it appears to involve uncommon chemistry and because of the commercial value of the product. Biotin is sold as a pharmaceutical and as a food and cosmetic additive. This water soluble vitamin is essential for the growth and well-being of animals and humans, and it is used in the formation of fats the utilization of carbon dioxide. Prof. Richard H. Holm's bioinorganic chemistry class sparked my interest in the understanding of enzyme mechanisms as model systems for the design of more selective drugs and better synthetic catalysts that allow us to run reactions with good yield, little waste, and inexpensively. Having worked for two years with Prof. JoAnne Stubbe on the mechanism of nucleotide reduction in E. coli by ribonucleoside diphosphate reductase, I have come to appreciate the positive effects of an understanding of this mechanism in the synthesis of more efficient drugs for the treatment of cancer and viral diseases. Increased knowledge of the biotin biosynthase mechanism should allow us to produce biotin more efficiently, and the knowledge gained from this mechanism could be applied to similar enzymes. Despite recent advan... ...should aid me in designing more successful experiments. Works Cited 1. Sanyal, I., G. Cohen, and D.H. Flint. (1994) Biochemistry 33, 3625-3631. 2. Birch, O.M., M. Fuhrmann, and N.M. Shaw. (1995) J. Biol. Chem. 270, 19158-19165. 3. Sanyal, I., K.J. Gibson, and D.H. Flint. (1996) Arch. Biochem. Biophys. 326, 48-56. 4. MÃ ©jean, A., B. Tse Sum Bui, D. Florentin, O. Ploux, Y. Izumi, and A. Marquet. (1995) Eur. J. Biochem. 217, 1231-1237. 5. Frappier, F., M. Jouany, A. Marquet, A. Olesker, and J.C. Tabet. (1982) J. Org. Chem. 1982, 2257-2261. 6. Parry, R.J. (1983) Tetrahedron 39, 1215-1238. 7. Parry, R.J. and M.G. Kunitani. (1979) Methods Enzymol. 62, 353-370. 8. Trainor, D.A., R.J. Parry, and A. Gitterman. (1980) J. Am. Chem. Soc. 102, 1467-1468. 9. Baldet, P., H. Gerbling, S. Axiotis, and R. Douce. (1993) Eur. J. Biochem. 217, 479-485.

Monday, November 11, 2019

Organizing relationships traditional and emerging perspectives on workplace relationships Essay

Business ethics Introduction                   One of the issues that have raised concerns in business nowadays is the relationship between senior employees, and the junior employees of the opposite sex. For years, senior employees such as managers and directors have been accused of sexually or emotionally abusing the junior employees working under them. Some are even accused of threatening to dismiss the employees who decline their request for sexual favors from them. Though this may be seen as sexual harassment, the case might be something different from that. Simply because the relationship is between senior and a junior employee, it may not be right to rush to a conclusion that the boss is sexually or emotionally exploiting their subject. It may be a relationship that has developed naturally due to the level of intimacy of the two employees of the opposite gender.                   The controversial nature of this issue is clearly portrayed in the mail online article of November 13th, 2013. The article explains that the report of a study carried out by business week has shown that most of these relationships between employees have nothing to do with harassment. During the survey, it was found out that most of the people working in the offices would be up to a sexual relationship with someone from their office if they got the chance. Of the 2500 respondents interviewed during the survey, 85 percent said it was right for employees within the company to be allowed to have sexual relationships. Some even confessed of sexually admiring their coworkers. After all this, why does the Human Resource department discourage intimate relationships between their employees of opposite gender? The answer is that they conclude that one of the parties in the relationship is sexually harassed, especially if one of the parties is the boss of the other .                   Some people may accuse me of supporting the behavior of the bosses to engage in sexual relationships with their colleagues. But if we consider some working conditions in some organizations, we see that the relations originate absolutely from intimacy and not harassment. Consider the case of a male manager, who works with a lady as the personal secretary. It is very possible for the two to engage in an affair due to the intimacy created by the working conditions. The two attend meetings together, go for lunch together, spend time together in the office, sometimes they go together to attend meetings far from their place of work, and many other closely spent times. From all these close relation, is it not against the laws of nature for something more than boss-secretary relationship to happen? Ironically, when a relationship develops between the manager and his secretary, the manager will be accused of sexually harassing the secretary! In my opinion, the bo ss would be emotionally harassing the secretary if he chose to ignore the feelings that develop after been together almost all the time.                   It may also be arguable that boss-subject relationships may adversely affect the performance of the employees. Employees may be reluctant in their work simply because the boss, who is supposed to supervise their work, can not condemn them because of the existing bond. This may be the idea behind the fight by the human resource department against sexual relationships at the workplace. However, this may not always be the case. This relationship may boost the performance of an employee who will always be trying to be the best to impress the boss. The article workplace relationships on Wikipedia explain of a theory, Workplace Relationship Quality and information Experiences, which originated from a study conducted by Patricia Sias. The theory states the most productive employees are the ones with high access to information about their workplace. It is obvious that the employees with a relationship more than the ordinary workplace relationship have a higher a ccess to business information. I may, therefore, be right to say that the boss-subject relationships can play an important part in boosting the productivity of the employees. The article further describes relationships at the workplace as â€Å"workplace romance†. It explains that though these relationships may not make the workplace so comfortable for other employees; it plays a very important part in the working of the parties involved in the affair. It increases performance due to high motivation and overall job satisfaction.                   Even though some senior employees in some business organization sexually exploit their junior colleagues, let us not mistake every relationship for sexual exploitation or harassment. It is good to appreciate that these bosses and their subjects are just ordinary people and what makes their difference is only the working position and titles. When there is a relationship between two junior employees of opposite gender, this is taken to be an ordinary love relationship. Why then do we have to treat the seniors differently? Aren’t they the same as the juniors? What marks the difference is only job level. It is, therefore, necessary to analyze the situation before concluding that a boss is sexually harassing a junior workmate. References Sias, P. M. (2009). Organizing relationships traditional and emerging perspectives on workplace relationships. Los Angeles: SAGE. (https://www.goodreads.com/user/new?remember=true) Sias, P. M. (2008). Organizing Relationships Traditional and Emerging Perspectives on Workplace Relationships.. Thousand Oaks: SAGE Publications. (http://www.amazon.com/Organizing-Relationships-Traditional-Perspectives-Workplace/dp/1412957974) Source document

Saturday, November 9, 2019

Technology and HRM- A Better way of Managing your HR

Introductionâ€Å"Human† is the most essential and integral part of a society. The society comprises of all sorts of aspects related to life. These different aspects may include business, social work, entertainment, cultural traditions, family life and many more. These aspects are linked together in a connected system and they revolve around the main subject of all these aspects i.e. human.Business is the most important aspect of the system as the economy of the system is dependant on it. For businesses, human is the biggest asset of all and therefore it needs to be managed. Businesses at either private or public level have requirement of managing there human resources which comes under the vast field of Human Resource Management (HRM).The concept of HRM goes long way back in the 19th century. It has undergone various transitional phases since then and has improved. The birth of innovative technological methods and tools has given a spark to HRM by facilitating it and taking i t to an entirely different and better level then it was 100 years back.The implementation of the technology has improved the standards of businesses and its different sectors. It has enabled managers for better supervision of the employees, has raised performance and has inculcated elements of scrutiny, supervision, administration and better management all over.Hence, technology has become part and parcel of HRM. The maximum utilization and application of technology in HRM have yielded better results. As there is further advancement every now and then in technology, it can be assured that the future holds positive scope for HRM.This paper would highlight how HRM and technology are interlinked with each other. Apart from that it would show how technology has proved effective in various sectors specifically public sector and what upcoming there are in future.HRM As established before, humans are the greatest asset of an organization. These individuals contribute towards the accomplish ment of organizational goals and therefore they need to be planned, controlled, hired, fired, performance monitored and many other functions. All of these functions are performed for the achievement of organizational goals.The various functions that need to be covered under HRM include:Identification of staffing needs and methods i.e. whether to go for subcontracting or hiring of employees. This would give a layout as to what type and number of employees are required†¢ Recruitment, selection and training of the employees who undergo the screening process to be part of organization. The pool of skill is attracted, selected and polished to gain better performance.†¢ Compensation and benefits to employees in exchange of their services to organization†¢ Performance management which should highlight performance standards, ensure that these standards are met and if not then resolution of performance issues†¢ Ensuring that employees activities conform with organizationa l regulations and policies†¢ Maintaining employee records and policiesThese are the main activities that come under HRM department. In a nutshell, HRM department has to conduct job analysis which would further include Human Resource Planning as to what type and how many employees are required, then on this basis recruitment and selection would be conducted to get the best employees, these employees would be polished by training and would be compensated by salary and benefits, maintaining performance standards, ensuring that employees meet the various organizational regulations and health safety standards.Role of Technology in HRMThe summarized explanation of HRM and its purposes and functions reveal that there is lot of activities that needs to be performed by this department. The effective and efficient HRM has reached to complex stages. Question now arises is that how does technology helps in accomplishments of these purposes and performance of these functions?Technology has not only brought revolution but technology itself has revolutionized and improved then what it used to be at its initiation. Technology has proved an effective blessing in the managerial setup as it has come up with tools that have changed the working of employees, the roles undertaken by them and how they get their work done. Similarly, HRM is facilitated as the HR manager has found tons of utilization of technology for performance of HRM functions.Technology and HRM together combine to form processes and systems that are termed as HR Technology or Human Resource Management System. The combination deals as to merge HR activities and functions with technology tools in form of different data processing and software.The main software in this case is Enterprise Resource Planning (ERP) software which is standardized software. Through this software a database is established with integration of various kinds of information. This database has Human Resource Module which has given an edge t o HRM.HRM requires keeping of records of employees. This has been enabled by HRM system as it has provided with different databases and system through which all past record, activity of employee, his skills, performances and all other relevant information can be stored and accessed to easily.Technology has enabled high automation of the processes and data. This has been achieved by use of mainframe computers and client servers. All this technology is capital sensitive and requires high amount of investment but as the technology improved and there came client servers and Application Service Provider which have given businesses an ease.There are various applications of HRM systems in relevance to HRM functions. There is a payroll module which as an automated payroll system. It supervises the employee’s monthly record, his attendance, taxes, deductions and all other payroll activities. All this is automated and after all the rapid calculations the final amount of pay is deduced. Apart from that there is work time system which facilitates to establish standard work time, gather work time information of every employee and his efforts. There is also benefits administration module which checks the degree of employee performance has contribution and accordingly decides on compensation, insurances, allowances and other benefits.There is an HRM module which covers various activities and aspect of the human resource management cycle from its initial level of applying of an employee to his retirement. This module keeps records of applicants, capabilities and skills, then the selection, training and compensation management.Apart from that most famous application of technology for HRM is the online recruitment system. Through this organizations advertise their vacancies and requirements to attract potential candidates to apply. There is also a Learning Management Software which comes under the training module which is used to cater to the training of employees to see how they improve and develop more towards organizational goals (HR Management, 2010).The above are some of the main applications of technology in the field of HRM. There are many other applications as well which have helped organizations to standardize and improve their HRM departments. Businesses from all the different sectors have utilized the technological aids for their assistance and have yielded more effective and efficient results. Technology and HRM are therefore part and parcel and it is necessary for any organization to adopt innovative technological measures and methods to reap good fruit for its HRM as HRM is the main heart core function of the entire organization.HR Technology in different sectors HRM and Technology, or HR Technology is utilized in different sectors across the globe. Though it has different scope and dimensions which vary from country to country but nevertheless we see HR technology being used in one way or another in different components of these secto rs.The main two sectors classified are known as private and public sectors. In simple terms private sector includes business operated by an individual without the state interference and control for profit. In contrast public sector is controlled by the government state and includes services for the citizens. In both sectors we see that HR technology has its dynamics and applications. A special emphasis would be laid on public sector.Private Sector In private sectors there come many educational institutes, health centers, services industry, businesses and many others that are run for profit as well as the well being of the citizens. We see that in all these components of private sectors there is a need to supply of human resources and also important is that these human resources should be managed in form of proper training and other managerial activities. In all of these components, HR technology is witnessed.The first requirement for them is human resource. For this they advertise f or recruitment of the potential candidates through online recruitment methods. After this the CVs and resumes of the applicants are gathered online and scrutinized. HR technology helps feeding in the criteria for hiring online and then these CVs are arranged according to this criterion in chronological order. This facilitates selection stage. The mails are generated through this system automatically to the selected candidates. Then these candidates undergo training modules through different learning software which they apply. The record of their compensation and benefits is maintained in form of payroll modules. An entire HRM module is also there which covers all the activities from step 1 to last step.Public Sector As discussed earlier, public sector involves government i.e. it is services provided by the government. Public sector has varying components from nation to nation. Commonly, every state includes military, police, education, healthcare, society services, public education and public roads and transits.In all these components of the public sector there is a need of proper human resources to run these areas and these human resources need to be managed. HRM is seen in the form of government plans for proper execution and setup of HR plans. The most important of these components undoubtedly is health sector which requires highest expenditure on human resources.The human resource in health sector is in the form of administrative and managerial staff, doctors, specialists and lower medical staff. There is software available for health sector. This software performs various HR activities. The software provide various HR solutions in the form of user defined answers to the medical problems as well as it provides integration of the entire HRM system in form of HR solutions, Staff Scheduling, Payroll and covers the entire stages from hire to retire.There are many different examples that can be quoted here such as SAP Environment, Health and Safety Management. This ensures that the Environment, Health and Safety standards are followed properly by the HR and that they comply with it. There are other examples such as Quadrant HR which is also a tool with integrated HR solutions for health care.The use of this HR technology has improved the health sector and has eased the managerial problems. Through this, the chances of errors in staffing and payroll have decreased and also it has reduced operational expenditure for governments.There are other examples as well which show how HR technology has helped the Public Sector. There are public sector organizations on various levels such as provincial, national or international levels that require HRM systems. They require some regulatory standards and develop systems and processes through which these standards can be followed. Apart from that there is need of all the HR activities of managing records of employees, payroll, scheduling, benefit administration and all other related HR work.For this pur pose a company PeopleSoft has an HRMS for public sector. This HRMS has enabled the compliance with the regulatory standards and has also fulfilled all other requirements in form of Human Resources, Benefits Administration FSA System, Payroll, Payroll Interface applications and Human Resource Budgeting. Apart from that, their latest release includes a more advanced Web Client and an integrated Online Analytical Processing (The Free Library, 1997).These are few examples which show that how effective the use of technology can prove if the technology is used effectively. HRM and technology work together and together they create a positive impact that is not only flourishing the public sector but all other sectors where there is always application of HR technology.These facts show that the future holds prosperous prospects for HR technology in all the fields of a nation as there will always be a need of human resources and their effective management. The next section of the paper will sh ed some more light on the future prospects of HR technology.Future of HR TechnologyThe future of HR technology can without doubt be said is good because the conditions around the globe are changing rapidly. The companies must have flexible operating tools at hand to cope up with these changes.Technology offers the element of flexibility and change to the HRM in form of technologically capable adaptive tools and HRM systems. These systems not only offer effective results but also capability to take on these changes and challenges. But there is always a room of improvement which can be made in HR technology as well.Improvements can be brought in the form of implementation of better technology by the time. Whenever there is launch of a new technological package which can be helpful to the companies, they must explore it and try to implement it in a way that would facilitate the HR activities.There can be launch of further tools such as Talent Management tools, Strategic HR planning too ls, outsourcing components, better payroll systems, online recruitment system, HRM systems, HR modules and overall an entire HR package.The future of HR technology would have to come up with tools that entail the entire business strategy and accordingly formulate an HR strategy so that it is made sure that organizational goals and HR activities are aligned. This can be possible by developing HRM systems whose processes are not only measurable but they also take it to the entirely different and better level of sophistication.The future of HR technology focuses on bringing together business and believes in the formation of more integrated functionality. There are components like portals, business intelligence (BI) and talent. These components would solely not be very effective, but if they are integrated, their combined effect would yield good results. There must be specific attention towards talent management along with portals and business intelligence which would enhance the future scope of HR technology for the globe (Systematic HR, 2006).There are future projects on hand which incorporate the use of technology to enhance the HRM. The effective implementation of these projects would guarantee success of HR technology in future.Conclusion Human is the basic element of the universe and it is around him that the Earth revolves. Human is a part of society which is part of economy which further is part of the country. Business is the most important aspect of the system as the economy of the system is dependant on it. Hence human is the main resource through which businesses operate, societies flourish, economies prosper and countries improve.Therefore there is requirement of managing the human resources which comes under the vast field of Human Resource Management (HRM). The infusion of HRM with technology has improved the standards of businesses and its different sectors. It has enabled managers for better supervision of the employees, has raised performance and has inculcated elements of scrutiny, supervision, administration and better management all over.There are many HR activities which start from advertising online for recruitment, selection, training, compensation, benefits and many more. Technology has facilitated in the form of many different technological tools such as online recruitment, payroll module, training module, benefit administration, HRM system, HR module and many more.There are many other applications as well which have helped organizations to standardize and improve their HRM departments. Businesses from all the different sectors have utilized the technological aids for their assistance and have yielded more effective and efficient results. Technology and HRM are therefore part and parcel and it is necessary for any organization to adopt innovative technological measures and methods to reap good fruit for its HRM as HRM is the main heart core function of the entire organization. The application of these technological aids has not only facilitated HR activities but has also yielded effective and efficient results.HRM and Technology, or HR Technology is utilized in different sectors across the globe. The main two sectors are public and private. In components such as military, police, education, healthcare, society services, public education and public roads and transits there is wide range of technological application and aids that we witness for facilitation of HR activities.These facts show that the future holds prosperous prospects for HR technology in all the fields of a nation as there will always be a need of human resources and their effective management. The improved and new technological aids in future can even further widen the horizon of HR technology in the form of innovative tools such as talent management, business intelligence and many others.ReferencesHR Management. (July, 2010). Technology Aids the Human Touch.   Retrieved on July 22, 2010, from, http://www.hrmreport.com/article /Technology-aids-the-human-touch/Systematic HR. (June, 2006). The future of HR Technology. Retrieved on July 22, 2010, from, http://systematichr.com/?p=439The Free Library. (1997). PeopleSoft Delivers HRMS for Public Sector Release 7.   Retrieved on July 22, 2010, from, http://www.thefreelibrary.com/PeopleSoft+Delivers+HRMS+for+Public+Sector+Release+7-a020064725