Leadership Trends Project Essay Example | Topics and Well Written Essays - 1000 words

Leadership Trends Project - Essay Example With due regard to power and significance of reframe, the authors have provided a set of effective learning factors that are primary aspects leading to compel organizations to reframe their managing, controlling and leading functions. In the context of structural frame, the authors have explored the key situations and causes that drive an organization to emphasize reframing decisions. Additionally, the strategy that helps organizations to reframe the increased ability of both leaders and the organizations, have also clearly illustrated in this book. Correspondingly, the authors have also provided a major emphasis regarding the pervasive role of human resource frame while an organization intends towards reframing of its strategic and operational segments. In this context, the discussion encompasses a broad area of research by considering key human resources practices in monitoring and redesigning relationship among the individuals in the organization. Additionally, empowerment is also a major consideration of the book, which have substantially portrayed about the changing roles and responsibilities of the HR personnel in organizations with an increasing focus on reframing. From a political structure perspective, the empirical and evidence based claims of Bolman and Deal (2008) have enabled to understand the impact of power, conflict, competition as well as organizational politics while intending reframing of the processes. And from a symbolic structure perspective, both the authors have illustrated the role of various organizational and environmental metaphors that have major significance on reframing leadership roles as well as strategic performance of the organization while reframing. In this regard, fostering inspiration and creating faith on the defined goals and objectives have also found to a major symbolic aspects that often garner the

US future markets and risk management Essay Example | Topics and Well Written Essays - 2500 words

US future markets and risk management - Essay Example The aim of this paper is to examine futures as risk management techniques companies could use to manage their risks. The paper first of all examines the risks companies are prune too before analyzing how the risks can be solved with futures.Today, bankers are increasingly becoming conscious about recent developments in their respective markets and have resorted into various method of managing risk in bank. Risk management appears to have improved in most sub-regions as a result of the introduction of new approaches in conducting business as well as better measurement and pricing of the various risks (BIS Paper No 33, 2005).According to BIS paper No.33, financial markets are subject to various sources of risk: credit, market, liquidity, operational and legal risks. These risks tend to be more pronounced in the developing world than in developed countries due to a lower level of economic, financial and institutional development.Credit risk tends to be more acute as a result of a lack o f highly rated counterparties. Market and liquidity risks are higher due to thinly traded markets. Operational risks may also be exacerbated because of inadequate human resources or the failure of manual, mechanical or electronic systems to process payments. Finally, legal risk may also be part of the environment (for instance, due to the inability to foreclose on collateral). The next section discusses credit risk and some of its components and how it can be managed.The aim of this paper is to examine futures as risk management techniques companies could use to manage their risks. ... dit risk; this is typically the most important form of risk for commercial banks Shapiro, 2003; Buckley, 1996; Muller and Verschoor, 2005; Solt and Wayne, 2001).Solt & Wayne (2001) argues that, in assessing credit risk, an institution needs to consider three issues: default probabilities over the horizon of the obligation, credit exposure (ie how large the obligation is when the default occurs) and the recovery rate (ie what part of the exposure may be recovered through bankruptcy proceedings or some other form of settlement) (Solt and Wayne, 2001). Credit risk is often difficult to assess due to the lack of information on the credit history and financial position of borrowers, inadequate accounting practices and standards that make it difficult to evaluate credit exposures, macroeconomic volatility and deficiencies in the institutional environment (e.g., political instability) (BIS Paper No.33, 2005). Weak enforcement of creditor rights may also contribute to uncertainty regarding recovery rates. Although many of these factors have been improving in recent years, progress in some cases is slow (Mohanty et al., (2006). Moreno (2006) highlights two key issues related to credit risk that are relevant for emerging market economies (EMEs). First, the distinct increase in the share of credit to the household sector that has been observed in a number of countries could lower credit risk if the concentration of bank assets fell, if consumer credit diversifies risk among a larger number of borrowers. 2.0 Risk Management In management of credit risk, I will focus only on the currency risk exposure aspect of credit risk. That is in a situation where credit is offered in multiple denominations of currency. Currency risk or foreign exchange exposure or better still foreign

Sociology of Deviance Essay Example | Topics and Well Written Essays - 1750 words

Sociology of Deviance - Essay Example As such, being a victim of these petty and big crimes can be truly devastating and traumatizing as well. On the other hand, if one tries to set aside angry feelings and desires to get back at the enemy, then he may start to wonder how such a person can do harm to another. The first thing that may come to mind is that the perpetrator is simply a selfish person who will do anything to satisfy himself at the expense of the victim. For people who can go deeper than this thinking, they will start to reflect on the person and what factors could have made him do such a terrible thing. It is always possible that the person may have some form of psychological illness that he is unable to resolve and thus have resulted in a behavior void of any form of guilt or remorse. Aside from this, one may have the thinking that the perpetrator could have experienced some really painful events in his life to make him really angry at the world and does everything to destroy the same environment in order to get back at it. Whatever the reason is behind the deviance is a concept that is very interesting to explore. This time however, the focus will not be in sympathizing with the victim but in trying to get to know the aggressor more deeply and see what is behind the hostility that has driven him to become the person that he probably could not imagine to develop or become. This paper intends to present the hypothesis that deviance is a result of environmental factors that have a major influence in the formation of one’s attitude towards the society but the individual still has the power to imbibe this influence or not. Those who get involved in deviant behavior have done so because it was the society that has taught them to act in this manner in the first place. Each child is born in this world armed with his genetic structure. However, it is not only genetics that plays a major role in this phenomenon.

To what extent are there significant differences in the nature of the Essay

To what extent are there significant differences in the nature of the financial systems in France, Italy and the UK - Essay Example The parties can be brought directly or indirectly. In the first case of direct finance, the parties with excess financial resources directly finance those with financial needs. The financial system consists of institutional units and markets that interact in a complex manner for the purpose of mobilizing funds for investment and providing facilities including payment system for the financing of commercial activity. The financial system starts with people and their business endeavour so that it can examine their finance needs and their demand for financial services and it can also identify the way in which needs are satisfied and demand is met. A financial system of is a complex one. At the top of the structure is the central government. The monetary and fiscal policies and regulations of the government directly influence the working of the financial system (tax rate, exchange rate etc). This is implemented through the central bank of the country. Other players in the system include t he individuals or households, non financial organizations both public and private, the stock and currency market, and financial institutions like banks and insurance companies etc. The value of financial transactions taking place is measured by the currency of the country. â€Å"A financial system raises finds from lenders or investors, making them available to borrowers or other users.† (Neave p.12). The central bank of France is called Banque de France. The currency used in France is the Euro, which replaced the French Franc in January 2002. Along with France, Italy and ten other European countries have all replaced their own currencies with the Euro and they are collectively referred to as the Euro zone. The system in France is well managed and regulated. The number of banks present has saturated the market to a certain extent. There is