Thursday, November 28, 2019

GR Hotels Essay Example

GR Hotels Essay Introduction. The study was prepared for GR Hotels Board of Directors reappraisal. It examines current chances to increase profitableness. Several options were examined and the most plausible solution proposed – Upgrade to upscale both hotels. This step will increase long term net incomes and better place in the nucleus concern. GR Hotels current mission and vision: Mission: Clean Comfortable suites ( what ) . good quality service ( how ) to concern and pleasance travelers ( who ) in Toronto and Montreal ( where ) at competitory monetary values ( how ) . Vision: GR Hotels are hotels of pick for travelers in Canadian metropoliss. Current Situation: GR Hotels fiscal state of affairs has been stable for the last 3 old ages. We have improved our profitableness. our liquidness remained stable and ability to pay our debt improved. ( Please refer to Appendix 1 ) . GR Hotel Montreal tenancy rate is 59 % with the gross available per room of $ 56. Midscale hotels in Montreal have 64 % tenancy rate and $ 59 gross available per room. GR Toronto public presentation prosodies are 64 % and $ 64 in comparing to airport hotels 70 % tenancy rate and $ 77 available gross per room. Please refer to Appendixs 1. 2 and 3 for elaborate current situational analysis. and GR Hotels public presentation against industry benchmarks. BUSINESS PROBLEM: How to increase per centum of concern travelers in the client mix and better tenancy rates. WHAT ARE THE MAJOR ALTERNATIVES? We will write a custom essay sample on GR Hotels specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on GR Hotels specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on GR Hotels specifically for you FOR ONLY $16.38 $13.9/page Hire Writer 1. Exert the land option: a. Construct a conference Centre B Purchase land and maintain for future degree Celsiuss Sell the land for a speedy net income 2. Upgrade one or both hotels to upscale position. 3. Attract more leisure travelers Preferences OF STAKEHOLDERS. Board: Persue new way: addition tenancy rate ; attract concern travelers. Stockholders: 15 % Tax return on any proposed investing. Bank: Operating net income of 11 % grosss per twelvemonth. CONSTRAINTS/TARGETS. Bank demands to maintain operating gross at certain degree ; funding available. KEY SUCCESS FACTORS Good Management squad Good Service – Special touches Cardinal online engagement Location Business travelers stay at upscale. luxury hotels KEY RISKS Rames moralss questionable Does non offer room service ; dry cleansing. internet entree ; internal control ( directing checks to former employee. no record of employment Mayd requested market value of the hotels on fiscal statements Worldwide events can earnestly impact demand in hotel industry. ( SARs. terrorist onslaughts. Competition from big trade names is turning STRATEGIC ALTERNATIVE 1 – BUILD A NEW CONFERENCE CENTRE ( Please refer to Appendix 4 for elaborate computations ) Under certain conditions the NPV of the undertaking can be positive. For illustration if we assume that the tenancy rate will increase to 70 % and the gross from the. conference Centre on norm remains at 7. 3 million the Net Present Value of Constructing a new conference Centre will be 3. 5 1000000s. However. if the tenancy rate remains at 65 % and the mean one-year gross from the new installation will be at 5. 5 million the NPV will be ( 2. 2 ) million. The new conference Centre can do GR complex really attractive to concern travelers since the event Centre and hotel are traveling to be in one topographic point. GR Hotels INC has cardinal online and telephone engagement system. great location. quality service and great Management squad. Our buying section will profit from economic system of graduated table and can do better trades with providers. However. GR Hotels does non offer room service dry cleansing. internet entree. It is a good value for the money hotel. yet with the completion turning from large trade names the undertaking can go hazardous. This undertaking can potentially sabotage our runing net incomes that can take to jobs with the bank and investors. B. Purchase land and maintain. GR Hotels win if it purchases land and keeps it at least for 2008. During last 2 old ages the commercial value of the land increased from $ 950. 000 to $ 1. 100. 000. Current fiscal prognosis provinces that Canadian economic system will diminish somewhat to 2. 2 % in 2008 and so bounce to 2. 9 % 2009. It is extremely improbable that the monetary value for land in the premier country – Downtown Montreal will diminish. In a twelvemonth we can revaluate this determination. c. Sell the land for a speedy net income. This option will better GR Hotels fiscal consequences. addition ROE. ROI and net income border. It will increase GR Hotels hard currency and liquidness. assisting to travel into new way. However. benefits are short term. The direction squad will profit from better wages and fillips for 2008. STRATEGIC ALTERNATIVE 2 – UPGRADE HOTELS TO UPSCALE ( Please refer to Appendix 5 ) This option has positive Net Present Value. GR Hotels Gross net income borders stands at 27 % good above required by bank 11 % to procure the support. GR Hotels has a dependable contractor Larson. His pricing is ever within the budget and all contracted undertakings were delivered on clip. It makes sense to upgrade both hotels since engagement and disposal grow 20 % irrespective the # of hotels upgraded. This option will better tenancy rate to 72 % in Montreal and 75 % in Toronto It is above industry norm for upscale hotels. In room and eating house service will convey extra incremental gross. Guests will pass extra 10 % . This option will hold a large impact on eating house forces. Recommendation: Based on qualitative and quantitative analyses it is recommended to continue with ascents of both hotels to upscale. This undertaking makes economic sense – positive NPV. it will run into the demand of concern travelers and turning figure of leisure travelers willing to pass more money for better adjustment. Execution February Manny Bluenose Prepares proposal for the bank to bespeak funding. Human Resources Manager prepares program to train/hire extra staff Mat Gleeson contacts 3 leasehold betterments contractors and obtains a elaborate estimation of the work demand to be done. Board meets and approves all the paperss. A newssheet to employees and meetings at each hotels are organized. March 1st. Start of the Hotel ascents. Start of the forces preparation. New eating house chef is hired. April 1st. Major redevelopments Complete. Internet and furniture ascents. April 15th – April 30th. Heavy price reductions and publicity of freshly renovated hotels. May 1st. Service begins at regular flow. Appendixs APPENDIX 1. CURRENT FINANCIAL SITUATION RATIO200720062005 Profitableness Gross Profit Margin % = ( $ 21. 993- $ 15. 967 ) / $ 21. 993= ( $ 21. 595- $ 15. 814 ) / $ 21. 595= $ 19. 798-15. 123 ) / $ 19. 798= Gross Margin/Net Sales27. 40 % 26. 80 % 23. 60 % Tax return on Equity= $ 971/ $ 1. 322= $ 834/ $ 1274= $ 603/ $ 1. 107= Net Income/Av. Equity73. 50 % 65. 50 % 54. 50 % Tax return on Assets= $ 971/ $ 11. 471= $ 834/ $ 11. 634= $ 603/ $ 11676= Net Income/Total Assets8. 50 % 7. 20 % 5. 20 % Operating net income ( $ 1. 618+ $ 586+ $ 430 ) / $ 21. 993= ( $ 1. 391+ $ 598+ $ 428 ) / $ 21. 595= ( $ 1. 005+ $ 610+ $ 418 ) / $ 19. 798= % of Revenues12. 00 % 11. 20 % 10. 30 % Liquid Current Ratio= $ 1553/ $ 1523= $ 1533/ $ 1463= $ 1333/ $ 1328= Curr Assets/Current Liabilities1. 021. 051. 00 Activity Asset Turnover $ 21. 993/ $ 11. 401= $ 21. 595/ $ 11634= $ 19. 798/11. 676= 1. 931. 861. 7 Coverage Timess Interest Earned ( $ 1618+ $ 586 ) / $ 586= ( $ 1391+ $ 598 ) / $ 598= ( $ 1. 005+ $ 610 ) = Income before revenue enhancements +I nterest/ Interest ( EBIT/Interest ) 3. 83. 332. 6 APPENDIX 2. GR HOTELS PERFORMANCE AGAINST INDUSTRY BENCHMARKS Average figure of RoomsAverage Occupancy RateAverage Daily Room Rate*Revenue per available Room** Mid-Scale Hotels14562 % $ 105 $ 65 GR Montreal28059 % $ 95 $ 56 Mid-Scale Hotels-Montreal15065 % $ 91 $ 59 Downtown Hotels18968 % $ 130 $ 88 GR Toronto29065 % $ 105 $ 68 Mid-Scale Hotels- Toronto15564 % $ 100 $ 64 Airport Hotels19570 % $ 110 $ 77 Upscale Hotels24073 % $ 160 $ 117 * Average day-to-day Room Rate=Accommodation Revenue per twenty-four hours divided by the entire figure of suites sold ** Revenue available per room= Average tenancy rate X Average day-to-day Room Rate APPENDIX 3. SWOT ANALYSIS INTERNAL ENVIRONMENT Strength: Good repute for Service. Skilled direction squad. Restaurants have providing experience. Good Hour policy. Excellent Location. Good relationships with a bank. Comparable tenancy rates. GR uses dependable contractors. Accurate budgeting. Option to buy land beside Montreal hotel. Central and on-line engagement. Stockholders willing to put extra million and common portions. Unqualified audits of Fiscal Statements. Recognized mid-scale trade name. Low staff turnover. Effective buying patterns. Good service- particular touches. Bank willing to refinance existing mortgages. Fiscal statement analysis shows betterment in profitableness and ability to run into duties. Failing: Net incomes have been paid out in dividends vs. reinvesting in GR hotels ; high labor cost. Gleeson/Rames do non acquire along ; Mayd bespeaking market value of the hotels recorded on the fiscal statements ; Rames moralss questionable ( free stay at the hotel ) Does non offer room service ; dry cleansing ; internet entree. Hotel public presentation studies include head office allotment ; internal control ( directing checks to former employee. no record of employment ) . Business travelers are looking for dry cleansing. room service and internet entree. EXTERNAL ENVIRONMENT Opportunities: Canadian touristry forecasted to turn 3-5 % . Points plan generate great concern ; demand for concern installations at airdrome hotels are turning ; concern travelers stays at upscale luxury hotels. Government touristry promotes stay at Canadian metropoliss. Montreal is a popular tourer and concern finish. Online engagement is turning in popularity. Leisure travellers have more dollars. Traveling to more upscale hotels. Demand turning for luxury hotels faster than mid-level. Menace: Competition from big trade names is turning. Government ordinances ( districting. nutrient. spirits. safety. revenue enhancements. Competitive industry in Canada. Numerous hotels near to Montreal GR hotel. Worldwide events can earnestly impact demand in hotel industry. ( SARs. terrorist onslaughts ) . APPENDIX 4. Net PRESENT VALUE ANALYSIS – BUILDING NEW CONFERENCE CENTRE ( 000s ) Occupancy rate Incremental hard currency Inflows from increased tenancy 65 % 70 % 65 % 70 % ( See computations below ) 583 1. 068 583 1. 068 Cash influx from the new conference Centre ( See computations below ) Revenues @ 5. 500 950 950 Grosss @ 7. 300 1. 850 1. 850 Entire Annual Cash Inflow 1. 533 2. 018 2. 433 2. 918 Income TaxTotal Annual Cash Inflow x 40 % 613 807 973 1. 167 After revenue enhancement Cash Inflows ( PMT ) 920 1. 211 1. 460 1. 751 Present Value of Annual Cash flows ( N=40 old ages. i/y=15 % ) 6. 110 8. 043 9. 697 11. 630 Capital Costss of Centre Construction ( See computations below ) ( 9. 000 ) ( 9. 000 ) ( 9. 000 ) ( 9. 000 ) CCA-tax shield Building ( See Calculations below ) 551 551 551 551 CCA-tax shield See computations below Furnishings and Equipment 321 321 321 321 Net PRESENT VALUE OF NEW CONFERENCE CENTRE ( 2. 018 ) ( 85 ) 1. 569 3. 501 INCREMENTAL REVENUE FROM INCREASED OCCUPANCY IN MONTREAL HOTEL ( 000s ) Occupancy Rate Average one-year revenue65 % 70 % Average day-to-day room rate x # of suites x ten Occupancy Rate x 365 Dayss $ 95x280x0. 65 ( 0. 70 ) x 365 Days 6. 311 6. 796 Less 2007 Room gross ( 5728 ) ( 5728 ) Incremental one-year gross 583 1. 068 INCREMENTAL REVENUE FROM THE CONFERENCE CENTRE ( 000s ) Annual gross before revenue enhancements 5. 5007. 300 Less variable costs at 50 % of gross ( 2750 ) ( 3. 650 ) for service bringing Head Office increased publicity ( 800 ) ( 800 ) Booking and disposal Fixed one-year operating costs ( 1. 000 ) ( 1. 000 ) Cash influx before taxes9501. 850 Financing NEEDED TO BUILD CONFERENCE CENTRE ( 000’ ) Cost of Land500 Constructing Construction7. 000 Furnishings and equipment1. 500 TOTAL FINANCING9000 CCA TAX SHIIELD: ( CxDxT/D+K ) ( 1+0. 5K ) / ( 1+K ) C Cost of the freshly acquired plus D Maximum CCA rate allowed T Corporate revenue enhancement rate K Discount Rate Building ( 7000x. 04X0. 4 ) Ten 1+0. 5*0. 15551 0. 04+0. 151+0. 15 Furnishings A ; ( 1500x. 2x. 4 ) Ten 1+0. 5*0. 15321 Equipment0. 2+0. 151+0. 15 APPENDIX 5 NET PRESENT VALUE — UPGRADE HOTELS MontrealToronto Entire Incremental one-year hard currency influxs 3. 984 4. 210 Income Tax ( 1. 594 ) ( 1. 684 ) After revenue enhancement hard currency influxs 2. 390 2. 526 PV of Annual Tax Flows ( 8 old ages. 15 % ) 10. 726 11. 337 One clip advertising Cost after revenue enhancement ( 150 ) ( 150 ) Lost Business during redevelopments ( 860 ) ( 1. 039 ) Capital Cost of Upgrades ( 2. 675 ) ( 2. 675 ) CCA Tax shield – Upgrades 517 517 CCA Tax shield Internet 20 20 CCA Tax shield Room Service 16 16 CCA Tax shield Business Centre 24

Monday, November 25, 2019

Different Acids and Their Reactions Essay Example

Different Acids and Their Reactions Essay Example Different Acids and Their Reactions Essay Different Acids and Their Reactions Essay This reaction is important in the erosion of carbonate rocks, forming caverns, and leads to hard water in many regions. An unusual form of calcium carbonate is ikaite with crystal water, CaC036H20. Ikaite is stable only below 6 oc. [3]The big problem when descaling with citric or acetic acids are the released flavor additives which cause an obtrusive smell during descaling. The plastic parts of your fully automated coffee maker tend to taken on these smells and influence the smell and taste of your coffee negatively. Plastic parts and sealing gaskets of your unit can be attacked by the vinegar or acetic acid. Citric acid tends to flake during descaling. This can block the valves and water pipes and lead to high repair charges. An additional problem is that the limescale is actually sealed in by an indissoluble layer which occurs repeatedly when using descalers based on citric acids. [4]Advantages: Ethanoic acid is non-toxic and is a weak acid, meaning it will not do any damage to most surfaces as it does not corrode or bind to other metals, therefore can be easily removed through washing or rinsing it. Disadvantages: Ethanoic Acid is the slowest de-scaler of the three acids, and is therefore the least ffective. It also may cause an unpleasant smell, and can have a negative effect on the taste of coffee meaning one would need to spend longer time rinsing and cleaning the machine thoroughly to ensure that the taste of the coffee is not affected. Sulphamic acid also called sulfamic acid is a white crystalline solid which is stable and non-hygroscopic. It is soluble in water and formamide and slightly soluble in methanol, ether, acetone and concentrated sulphuric acid. It is classified as a strong inorganic acid and is commercially produced from urea and fuming sulphuric acid. At room temperature, dilute aqueous sulphamic acid solution is stable for a long time but rapid hydrolysis occurs at elevated temperatures. Its solution is less corrosive toward metals than other mineral acids like hydrochloric acid. Sulfamic acid possesses a scale solubilising capacity which makes it ideal for removal of scale from boilers, cooling towers, coils, heat exchangers, condensers and a wide range of heating and cooling systems thereby increasing the efficiency of plant and equipment. Sulphamic acid is used as an acidic cleaning agent, typically for metals and ceramics. It is a replacement for hydrochloric acid for the removal of rust. In households, it is often found as a descaling agent in detergents, cleaners and toilet cleaners for the removal of limescale. [4] Citric Acid Advantages: Citric acid leaves behind zero toxic residues and has Just enough acidic concentration to descale without etching or damaging household surfaces in any way and there are no volatile compounds or products that harm the environment. Disadvantages: Because citric acid is a weak acid, it wont remove heavy build-up of scale very quickly. It is also a powder hence it must be dissolved for use. It also works best with hot water meaning there will be higher energy consumption. Even when used with Sulfamic acid is the fastest de-scaler It dissociates into hydroxonium ions more readily in aqueous solution than the others, therefore giving a greater concentration of atoms that are able to react with the calcium in lime scale. It is safe to use because it does not produce chlorine gas [5], which can be toxic. Sulfamic acid also has a low volatility. Disadvantages: Sulfamic Acid can be an irritant to eyes or skin and is the most expensive of the de- scalers.

Thursday, November 21, 2019

Stability between Islamic and Conventional Banking In Relation To Research Paper

Stability between Islamic and Conventional Banking In Relation To Customer Confidence - Research Paper Example A conventional bank is regarded as a financial intermediary, which receives money and deposits, and channels those deposits into lending activities, along with paying and collecting cheques for its customers. During business activities, conventional banks offer several other services and facilities to its customers. Thus, it can be asserted as a bank links together its customers that have capital deficits and capital surpluses. Conversely, an Islamic bank consists of the principle of developing Islamic economics through banking activities. During the last few decades, Islamic banking industry has experienced a sustainable growth rate of around 10-15% per annum. At the same time, it is also observed that this industry is steadily growing towards conventional financial systems (Sole, 2007). According to the observation, it is determined that the Islamic banking industry not only operates its functions in major Muslim populated countries, but also it has operated its banking activities in low crowded Muslim countries such as the United Kingdom, Malaysia and Japan among others. Consequently, the Islamic banking industry has granted its banking license for expanding its banking operations in several countries such as India and Syria among others. Besides, it has been acknowledged that Islamic banking industry has in excess of 300 branches among 51 countries around the world where Islamic banking system is followed (Sole, 2007). In terms of key products offered to the customers in both the banks they include mortgages (home loan), car loans, personal loans along with credit facility.

Wednesday, November 20, 2019

The Dream Job Essay Example | Topics and Well Written Essays - 500 words

The Dream Job - Essay Example Hip-hop music involves rapping and ‘MC-ing’, terms that were coined in the 1970s to describe the action of rhythmically uttering a certain set of lyrics following certain beats. Usually, rapping has stood the test of time in describing what hip-hop artists do, an attribute that makes their music outstanding (Hess 56). Evidently, rapping is distinctly different from singing, and requires a level of talent and creativity. In other cases, hip-hop artist may wrap some stanzas of a song and then sing the chorus. Rapping has certain choreographic moves that accompany the rhythmical lyrics. Evidently, hip-hop musicians must exhibit expertise in performance and demonstrate the ability to create a fan base and be able to entertain them. Music plays a critical role of entertaining although a percentage of the audience considers the theme of the lyrics. The job responsibilities of a hip-hop artist may be tasking because they include composition of the lyrics, choice of the appropriate moves, design, and pattern of the choreographic moves, audio and video production, performance at different concerts, and marketing trips (Hess 87). Composition of the lyrics is the initial stage in any music genre. This needs talent because the artist must exhibit expertise of putting together rhythmical words. An artist may also rely on the composition of another individual, while paying royalties as dictated by the legal requirements. Different instruments are used in the production of the beats with the expertise of the producer. An artist requires choreography classes in order to have moves that conform to the lyrics and the beats (Katz 67). With the help of the producer, an artist can record an audio version of the music. Videoproduction is more demanding and requires an entire crew on board. Performance at different concerts requires energy and enthusiasm as it involves direct interactions with fans. Developing a musical

Monday, November 18, 2019

Marketing 100 Research Paper Example | Topics and Well Written Essays - 2000 words

Marketing 100 - Research Paper Example Sanitarium claims that its Weet-Bix wheat biscuits are an ideal breakfast food because it fulfills calorie needs and energy requirements. Indeed, the major ingredients include fibre, fat and sugar (low), vitamins, milk, zinc, magnesium, folate and iron (Product Review, 2010). The Sanitarium Company offers its products at all retail stores, grocery shops and online stores for convenience of buyers across Australia and New Zealand. The company uses competitive pricing strategy because of highly competitive nature of food and confectionary industry. The prices range from $1 – 10 because of differences in flavours, sizing and quantity. In simple words, the prices will remain competitive because there is greater threat of substitute products from existing companies such as Kelloggs, Uncle Toys, House brands, Nestle and other small scale producers and marketers. It is worthwhile to mention that Kelloggs has been marketing Nutri-grain, Cheerios, Coco Pops and Nesquik in Australian market. In conclusion, there is stiff competition that keeps prices affordable for consumers from different social classes (Demo Design Report, 2006). The Sanitarium Company has already expanded its operations all across Australia because of an efficient distribution and supply chain network. The company supplies its product to all retail and commercial stores, grocery houses, medicine shops and online stores. In this way, Sanitarium has increased market reach of Weet-Bix product and has attracted maximum customers towards its brand. In addition, the company focuses on efficient supply because the Utility of Place and Time play a vital role in success of any food product. Sanitarium has inducted a new eCargo system to ensure flexibility in distribution channels, to reduce human error and to facilitate record keeping, freight and inventory management (Ecargo Report, 2010). The company

Friday, November 15, 2019

The concept of scientific management case study

The concept of scientific management case study The concept of scientific management can be defined as the exercise of the scientific technique to define the most appropriate or best way for a job to be done. Important Contributions in this field is made by Frederick W. Taylor, who is deemed as the father of scientific management. Taylors employment at the Bethlehem Steel companies inspired his concern in improving efficiency. Frederick W. Taylor sought to produce a mental transformation among both workers and managers by defining transparent guidelines towards improving production efficiency. Through all of these, Frederick W. Taylor was adept to define the most suitable or one best way for doing every job. Frederick W. Taylor accomplished steady improvements in productivity in the range of nearly 200 percent. He acknowledged the role of managers to plan and manage and of workers to act upon as they were instructed (Daniel, 1992)Â  [1]Â  . The expansion of management theories has been described by differing ideas regarding what managers do and how they should do it. It is believed that scientific management pored over management from the lookout of enhancing the productivity and competency of manual workers. Frederick W. Taylors Four Principles of Scientific Management includes- carefully study every part of the task scientifically and cultivate a best method to perform that particular task..He also suggested to carefully choose workers and prepare them to perform a task with the use of scientifically developed approach (Daniel, 1992)1. Time studies as described by Taylor go ahead to the idea of the assembly procession which is suitably open up for any type of organization. The term of Scientific management has been originally selected as a indication to progressives ideals of the 1910s. Scientific management, at first the inadequacy of laissez-faire and the necessary role of disinterested elites (Haber, 1964)Â  [2]Â  ! The functionalist imagery used in The Principles of Scientific Management presents the Taylorist approach as a set of prescriptions to get better a few endeavors. Similarly mental transformation planned might be an appeal for a social commitment of engineers as well as controlled persons of the organization. (Daniel, 1992)1. The recent international development of new thoughts is a result of the internal revolution of firms as well as a component of interaction between between reformist actions at the turning of the century. However without believing honestly in all of too good-natured declarations of social harmony, how would the peculiarity of this discourse of modernization would be seriously taken into account and analyzed. On the opposite side Taylor saw that -the power of the skilled workers was the lack of power on the part of management. Taylor therefore extended as his goal the refurbishment of power back into the hands of management. He did not see this in terms of a dispute between social groups. In Taylors view, there is need of scientific study of the work process in order to enhance productivity and efficiency which would be of benefit for all. However the present system not able to provide this and therefore needed fundamental reform. Taylor believed that attempts levels and incentive systems should be determined on scientific basis. It was not the result of bargaining and dispute between skilled workers and managers. Therefore he began to look at other ways where the production system could be restructured (Daniel, 1992)1. Taylors 4 Principles of Scientific Management Taylor proposed the following four principles of scientific management which he concluded after years of various experiments to determine optimal work methods:- Collaborate with the workers to make sure that the scientifically developed approaches are being followed. Distribute total work nearly equally among managers and workers, such as the managers apply scientific management ideology to planning the work and the workers essentially perform the tasks. Exchange rule of thumb work methods with techniques based on a scientific study of the tasks. Scientifically choose, coach, and develop each worker instead of passively leaving them to train themselves (Daniel, 1992)1. These all four principles were implemented in many production units as well as factories which focused on increasing productivity through a factor of either three or more principles. It is a evidence that Henry Ford applied some of Taylors principles in his organization and automobile/ vehicle factories as well as families and the result of the same all these started to perform their individual and household tasks basis on the outcome of time and motion studies (Daniel, 1992)1. Any discussion of scientific management needs to identify its particular contextual features. These feature gaggle Taylor in two directions. First direction which is implanted in all modem industrial systems concerns the requirement for planning of the production process. However, the other direction was focused towards a specific model of how the work process could be structured. It was based on a process of generalization of skills and deskilling. On the basis of specific American context, for a time being, it may be successful in that context but, as a more generic way, it was not commonly adopted because in other countries, privileged, managers as well as workers had different expectations of their particular roles. So skilled work keep hold of a greater significance in many more countries and sectors than Taylor would have expected (Daniel, 1992)1. Application of Scientific Management in case study Human Resource or Staffing costs take up the largest share of the budget in all major important hospitals. There should be effective processes that should be focused on managing recruitment, sickness and absence staff, which can offer considerable benefits. Required changes in practice are one thing but enabling sustainable developments which is generally considered as a more difficult challenge. Work with precious in accepting how to attain long term change and how to constantly improve standard practice should be major concern (Koontz, 1986)Â  [3]Â  . In the given case of Aidensfield Hospitals Trust (AHT) it is reveal that Human resource management administration is presently controlled from a central HR department, although some areas of the organizations people management practices such as employee selection, discipline, grievance and communication have been delegated to line management within loose group working arrangements. However, slack reporting structures, weak lines of communication, along with ill-defined limits of authority and accountability have resulted in role ambiguity within the line managers. In turn, this is mirrored in job insecurity, low morale and poor motivation at operational level (Tsoukas, 1994)Â  [4]Â   It also suggested that working alongside the Human Resources team at ATH must undertake a diagnostic review of current processes. To apply this initial lean implementation activity, supported with an introduction to support methodologies and waste walk, pin-pointed the main areas for improvement within the department that may include sickness and absence rates and the lead-time for recruitment to unfilled or vacant posts. It also require, the complete process flow planning of sickness and absence management identified postponements, gaps in the process and a lack of standardization (Koontz,1986)Â  [5]Â  . Additional focus also suggested on delays through root basis analysis supported by the team in recognizing solutions to the key issues, which may include: Case conferencing Mandatory training Performance indicators Project planning Simplified procedures and documentation Process mapping of recruitment activities are the major challenges which required to be highlighted through the system. The new requirement analysis should be done for Job design which is part of vacancy filling. These steps focus out of sequence, standards being followed and further delays may arise in Occupational Health and patients checking and diagnosis (Goold, 2002)Â  [6]Â  . The root cause analysis may help the team work at ATH on a number of expected solutions that may include:- Transparent performance measures Capacity matching measures Separated recruitment from job design Standard recruitment procedures Demand Building on all suggested improvement The ATH management should work with the Human Resources team to develop their internal base capability in order to sustain new improvements. All the staff should require to attain training workshop which given them skills in techniques such as general process mapping and structured problem analysis as well as solving. At ATH many role ambiguity and a degree of inconsistency regarding people management arrangements is apparent within supervisory grades in the organization should be removed. More emphasis on Delegation, communication, team-building and employee empowerment have all been problematic issues for managers, trade union representatives and employees of this health service provider. As a manager leadership is crucial to the success of ATH. A caring, competent and professional leader will earn the respect and support of all the staff. Managers who show by example that they are acting according to a sound value system and a high work ethic are well on the road to managing a suc cessful hospital. To do this, managers need personal goals. The team must have a clear strategy for themselves and communicate this clearly to others. However teamwork that involves all levels of staff, starting with the management, developing a shared vision and purpose for the hospital within its shared core values is a way to unify people from different backgrounds and professions. To improve the HR functions at ATH is suggested that the organization to perform effectively in this highly competitive environment, senior management perceive a need to streamline the management structure, formalize reporting arrangements, clarify parameters of authority and improve the present group working arrangements. It is likely that these changes will have far-reaching consequences for both management and operational workers. Because the present management-employee relations climate is not conductive to the implementation of change, it will be necessary to create a positive team-based environme nt to embrace ongoing change in the future (McMahon, 1980)Â  [7]Â  . Q4. Using specific examples drawn from the case study discuss leadership styles and the potential behavioral responses. Leadership Styles Leadership generally defined in numerous ways by different authors, however the most appropriate one in the hospital scenario is the process of influencing all the behavior of an individual or a group in such a way that they try hard keenly towards the achievement of organization goals (Clegg, 2005)Â  [8]Â  . Types of leadership Autocratic Leadership The characteristics of Autocratic leadership are:- The leader primarily seeks the conformity from his group. They have to carry out the work as preferred by the leader. The whole authority is centralized with the leader and he can determine everything. The leaders can structures entire work for his employees. Communication is generally unidirectional from above downwards. Workers compliance can obtain through threats and punishments. Those who obey orders may reward and those who do not are punished. It is a carrot and stick type of leadership. All employees have very slight responsibility. All employees assured about their security. (h) Decision making is speedy and less competent subordinates can be simply employed. (i) The highly qualified professionals do not like this type of leadership as there is short of scope for growth, development, proposal and sense of responsibility. (j) Fear, argument, dissatisfaction and frustration can increase easily (Clegg, 2005)8. Participative or Democratic Leadership The characteristics of Democratic Leadership are:- Communication can make in all directions. Decision making taking more time. Experienced and capable workers feel more happy and satisfied. In this type of leadership, leader and workers share the decision making. It is not a carotid stick type of leadership. There are no punishments but corrective actions and rewards are based on goal achievements. The leader draws the ideas and suggestions from the workers by discussions and consultations. The workers are encouraged to take part in making organizational goals and the job of leader is mainly that of control. The workers have a common sense of belonging and satisfaction. Unskilled and lower level workers do not like this style (Clegg, 2005)8. Laissez-Faire or Free Rein Leadership In this type of leadership, each worker has his own ability and the leader is relatively like an information cubicle. He exercises a minimum and assumes the role of another member of the group. This is more suitable for investigate laboratories and similar organizations (Clegg, 2005)8. Epidemiology of Leadership in different conditions In order to determine the best leadership style following three factors can be obtained. The condition in which the leading takes place. The people individual lead. The personal individuality of the leader himself. Because differences take place in all three of these factors, there can be major deviation in leadership style (Clegg, 2005)8. The other differentiation of major leadership style is listed below:- Affiliative Leadership Authoritative Leadership Charismatic Leadership Coaching Leadership Style Coercive Leaders Democratic Leaders Pacesetting Leaders Behavioral Responses A Leader has an authority that motivates others towards achieve a common goal. Respected leaders focus on what they are about their beliefs and character, what they know about job, tasks, and human nature, and what they do to implement, motivate, and provide directions. Managers may manage tasks. Leaders can lead people. Respected managers have subordinates and leaders have followers. Managers are those people who do things right. Leaders are those people who do the right thing. Leadership style is the style in which manner and approach for providing directions, implementing plans, and motivating people. Leaders may vary their styles. A Leader is not strict on one style. Mostly leaders may use multiple styles to control their followers one (Golema, 2002)Â  [9]Â  . True leadership starts when it does an impact on the followers. Every counseling leader makes the assumption that there is individuality about individuals skills, and that some may beat the leaders in convinced areas. Ideas are encourage able and shareable, and decisions that reflects the collective intelligence of the team members. The leader consults with their followers and smooths the system for them to do a superior job. Where a manager may give a sense of self-belief in the leader, the counseling leader gives all the team members a sense of self-belief in themselves. By installing this confidence in their work, the counseling leader set the point for what is known as maintenance behavior, the ability to keep things affecting on keel. In this regard, the leader may become a valuable person for the company who has ability to develop internal concord (Golema, 2002)9. The formula for a success leader is really very simple: The more leadership styles are adopted more you are able to master, so you will become the superior leader. The ability to replace between styles as situation demands wills superior the result and workplace climate. Golemans research exposed four more leadership styles that leaders were able to master the affinitive, democratic, coaching, and authoritative styles frequently provide better performance from their followers and a healthy climate in which they are working (Golema, 2002)9. Application to case study The hospital is a multipart organization, aimed to attain the patient care fulfillment. This organization is totally different from other organizations like cotton industry, toys or car production industry, all the principles of management are appropriate in the hospital atmosphere. Hospitals are labor concentrated organizations and engage a large number of professionals, who are working in a life and death activity, leadership is one of the areas which attach a lot of importance in the hospital management. In the hospital various types of people come across, like hospital employees, patients and the visitors. The scope is more or limited to the hospital employees. (McMahon, 1980)7. As already discussed hospital is a multipart organization aimed with various types of actions performed by different groups of employees ranging from unskilled to highly skilled and professional. Mainly the hospital employees can be divided into three groups. Medical (Professionals). Non-medical. Nursing and paramedical. Professional employees: This group consists of doctors, specialists and super specialists who are highly qualified and highly skilled workers. Even though money and materials may provoke some of them but on the whole they are provoked only after their psychological needs are met with. Their psychological needs can be met when they are participating in the decision making. As a result, they feel intelligence of belonging and achieve acclaim as well (Golema, 2002)9. Nursing and paramedical employees: This group consists of technical and semiskilled workers lower than the professional group. Primarily they require job structuring by oppressive way of leadership, they obtain so much proficiency that direction and willpower takes higher priority in motivating them and they become an important part of the unrestricted leadership (Golema, 2002)9. Non-Medical employees: This group consists of unskilled workers with very low education and very low financial status. Their inspiration comes by meeting their basic and security requirements. Simply by money and material benefits can satisfy this type of group. Since their requirements are very limited and need job security, the oppressive style of leadership is the improved way to control them (Golema, 2002)9. There are two types of situations in hospital industry. Normal situation Crisis situation Normal situation: Throughout normal situation professional, nursing and paramedical groups of workers are controlled with the democratic type of leadership. Even the hospital disaster plan can be discussed and customized according to the past experiences. The non-medical group of employees can be governed by the autocratic style of leadership even throughout the normal situations. Crisis situation: The comparatively sudden and wide spread trouble of the social system and the life of group of people by some agent or occurrence of large amount of admissions of patients and lead to the crisis situation in the hospital. Hospital disaster plan is activated in this situation and demands autocratic style of leadership (Golema, 2002)9. For achieving optimal leadership style the leader has to modify his working style according to the needs. In ancient days leadership was considered to be the natural feature and used to lead in the particular families. Due to availability of better management tools and development of the scientific knowledge, now leadership basically involves in motivating the staff and appliance of communication skills (Golema, 2002)9. Operative leadership is an essential need for higher utilization of insufficient hospital resources and higher superiority of medical care. It has already been discussed that democratic style is more appropriate for the normal situations for highly qualified and highly professional group, whereas crisis situations can be managed by way of autocratic style of leadership. The autocratic style of leadership can control the non- medical group effectively. The hospital administrator should have competency in all the styles of leadership and should select the one according to the situation (McMahon, 1980)7. Q6. Critically review the concept informal organization and illustrate how it may apply to the case study. Concept of informal organization The nature of organizational structure has changed over many decades. The major trend of organizational has been from mechanistic structures, hierarchies, functional specializations and management controls, to organic structures, characterized by team working, empowerment and flexibility. Organizational design reflects the systems that consider both hard and soft components, i.e. elements, association between elements, and relations as a whole to form one unit. Therefore, mechanistic and organic structures acquire different characteristics, namely: mechanistic structures emphasize the hard component of systems with minute consideration paid to the soft component; while organic structures mainly expand the soft component (that is the informal structure) relating to the interaction between the soft and hard components for the creation of organizational capability. This conceptual term paper embraces systems opinion, elaborating on the changing importance of elements within different ty pes of organizational structure. In addition to the importance of managing the informal structure for the goal of organizational success within the facts economy (Kotter 1990)Â  [10]Â  ! Informal structure is essential for organizational behavior, but, unlike formal structure, is not illustrated in the organizational chart. On the other hand, formal organizational structure can be unreliable, as many organizational activities, which symbolize the real vigor, may be undertake outside the framework of formal organizational structure; and people, who control the real future, may be well hidden beneath of the organizational chart (Roberts, 2004)Â  [11]Â  . Therefore, formal institutions have been analyzed and evaluated separately of informal institutions. The converse is also true: the informal institutions have largely distant from the importance of formal institutions, often viewing them as functional substitute. Some of the scholars feels that is not adequately look at the relations between formal and in-formal organizational / institutions. We challenge in somehow towards failure to amalgamate of all these concepts into a common theory has led to imperfect reasoning and considerable weakness in theories of economic organization. In this essay we analysis the both informal and formal institutions of economic organization into the most fundamental predictions of NIE. The formal and informal organization structure Organizations have a formal structure which is organized by the responsibility for managing the organization. They create the formal structures to enable the organization to meet its affirmed objectives (Weick, 2001)Â  [12]Â  . Frequently these formal structures will be set out in the form of organizational charts. However, an informal structure develops day-to-day interactions between the members of the organization in most organizations. This informal structure may be different from set out on paper. Informal structures develop because: Informal structures are easier to work on it. patterns of interaction are formed by friendship groups and other relationships people does not like to work on formal structures people find new ways for doing things in easier way and save the time Many times the unofficial structure might be conflict with the formal or official one. It can be noted that where these case the organization might become less efficient towards meeting its stated objectives. In spite of this, in some cases the informal or unofficial structure might ascertain to become more efficient while meeting organizational aim because the formal organizational structure might be set out very badly. It is supposed that managers require learning to work with both formal and informal structures. It may be a flexible manager who may feel fundamentals of the in-formal organizational structure that might be formalized for sake of understanding by accommodation the formal organization structure to fits in developments that may results from daily working of the in-formal structure. All of the organizations that appear in the Times 100 will have some form of formal structure which is usually set out in organization charts. As the managers foster these in-formal teams an d mould all of them in-to the formal organization which can lead to high intensity of motivation for the staff concerned. However, these organizations also benefit from informal structures based on friendship groups. By analyzing how the informal and formal organizations might be complementary, balanced and integrated, the requirements of an organization become clear and practical solutions present themselves. On the other hand a formal process makes sure that particular works that might be efficient and primary informal set up that can be organize individuals quickly as well as effectively towards put an end to issues that might not be addressed in system itself. On the other hand proper performance bonus may inspire top sales people and gives pride in better negotiation behaviors that might inspire the larger group of low or middle performers (Watson, 1986)Â  [13]Â  . Application of informal organization to case study Few hospital trusts and health authorities steadily do better than others on different paths towards performance. In this case study of ATH, there are some proof related to management matters, however the combination of individual clinicians and teams. In this case it is found that the link between the organization and management of services as well as quality of patient care can be criticized theoretically and methodologically (Miles, 1978)Â  [14]Â  . A larger and debatably more precise body of work presents on the performance of hospital in the private sector, often conducted within the disciplines of organizational behavior or human resource management. Some studies in these traditions have towards the decentralization and participation as well as innovative work rehearsal on outcome of variables which may include job satisfaction, good feeling and performance. The main objective is to identify a number of reviews and research traditions that might bring new and innovative ideas into future work towards finding out hospital performance. This may be the case where preferably furthere research might be more theoretically in-formed which may use parallel rather than horizontal designs. The use of some statistical methods and techniques which include multilevel modeling that allow for the inclusion of variables towards various levels of analysis that would enable rough estimation of separate involvement that structure, process make to hospital outcomes. (McMahon, 1980)7 For a medium sized hospital as ATH, it might not be sure why, but over the last few years it was found it more and more difficult to be effective people management in the traditional ways. It was almost as if ATH management spent all of their time trying to swim upstream. Things that used to be obvious and easy became difficult however ATH management couldnt understand why. This problem unfortunately is a fairly common problem within same companies or hospitals. ATH management failed to understand and manage the informal organization structure within these functional teams. As this can be a fatal flaw to all managers which may include senior ones! All company in generally having two organization structures, the first one is called formal structure. This is the one everyone talks about. It can be seen on official organization charts. It shows who reports to whom, who is responsible for what and how everyone is supposed to communicate with each other. But then theres another organizati on that few talk about but is at least equally important (Clarke, 1998)Â  [15]Â  . Its the informal organization within the company. Its the structure which can be following when the management/ authorities like ATH management dont have the time to do it the right way. Its based on who knows what, who gets things done, who has influence and power, who must agree before an idea can be effectively implemented. Formal structures are the way a hospital wants things to work. Informal structures describe the way they really work. (McMahon, 1980)7. Efficient and effective companies recognize this and management makes sure they are never very far apart. They understand that if they are too far apart for too long something is going to break. The problem is that it is difficult to predict what will break. In this case it is found that there is problem that ATH management failed to include and listen to other key executives, some of whom management thought had nothing to do with what he was changing, as he moved forward with an important series of initiatives (Evans, 2000)Â  [16]Â  . There are two lessons to be learned from ATH management experience. The first is rather obvious, every manager and employee should understand that informal structures exist in companies, that they are not much bad and must be understand and used as required appropriately. It is found that Ignoring all of them is done at ATH management own risk. Similarly another lesson which seems more fundamental (Mintzberg, 1993)Â  [17]Â  ! ATH management need to periodically look at how things are done, how they are organ

Wednesday, November 13, 2019

D. H. Lawrence Essay -- Biography Biographies Essays

  Ã‚  Ã‚   It is a divided issue whether D. H. Lawrence is to be considered a friend or a foe to the feminist movement. On one hand, he advocates an egalitarian man-woman relationship, on the other, his notion of equality seems rather subject to qualification. His reference to the ideal monogamous partnership as "phallic marriage" (Spilka 7) is certainly a cue that must be taken up. Why is marriage "phallic" unless the phallus is privileged in the expression of sexuality? (de Beauvoir 205) The idealisation of gender relationships leads to an essentialisation of gender, which is itself at the source of patriarchal domination. Is Lawrence really a liberator of sex, or only of patriarchal sex? Does he grant more independence to the women in his novels than his predecessors or just a little more freedom within the confines of established expectations? The answers to these will be that Lawrence is not a raving misogynist (as has been suggested), but is certainly a long way from perfectly enlightened.    Rupert Birkin, the Lawrentian leading male of Women in Love, extols a philosophy of "star-equilibrium" in which the partners of a love relationship remain separate and individual, not blurred into one another, but together in knowledge of their difference. (WIL 230)    "Why not leave the other being free, why try to melt, or absorb, or merge? One might abandon oneself utterly to the moments, but not to any other being." (WIL 269) These "moments" are where one falls out of personal concern and into the rhythm of the organic universe. "Because of his belief in the life-force, he has generally been called a 'vitalist.' But 'organicist' would come much closer to the mark, since the goal of life, for Lawrence... ...over. London: Mandrake Press, Ltd., 1996. _ _ _. Letters to Bertrand Russell. Ed. Harry T. Moore. New York: Gotham Book Mart, 1948. _ _ _. Women in Love. Ware, Hertfordshire: Wordsworth Editions, Ltd., 1996. Millett, Kate. Sexual Politics. Garden City, NY: Doubleday & Company, Inc., 1970. Ross, Charles L. Women in Love: a Novel of Mythic Realism. Boston: Twayne Publishers, 1991. Spilka, Mark. The Love Ethic of D. H. Lawrence. Bloomington: Indiana University Press, 1955. Tuma, Keith, ed. Anthology of Twentieth-Century British & Irish Poetry. New York: Oxford University Press, 2001.          1[1] "The ordinary Englishman of the educated class goes to a woman now to masterbate [sic] himself. Because he is not going for discovery or new connection or progression, but only to repeat upon himself a known reaction." (Letters 33)