Thursday, September 26, 2019

Leadership Skills Required For A Large Multi-Department Organisation Essay - 4

Leadership Skills Required For A Large Multi-Department Organisation - Essay Example To analyze the leadership response to trends and tensions, the paper looks at transformational and transactional leadership, and the leadership qualities needed to overcome changes trends and tensions. The skills to be analyzed will emphasize on building effective LMX, and becoming a transformational leader. The conclusion provides a logical summary of the contemporary leadership skills required for a transformational leader in a large multi-department organization. According to Halinen and Tornroos, the current business world has changed significantly compared to a decade or so ago. Furthermore, the aspect of new economy and globalization introduces continuous change, and this might indicate that organizations need to regularly monitor their strategies to incorporate change. Heller highlights that the new economy requires restructuring and reorganization of a former economy of primary extraction of resource and transformation of the industry. Leading within the environmental context characterized by globalization and a new economy, Brooks, reveals that leaders are expected to be swift in identifying resulting global and local tensions to avoid accepting a traditional isolationist status quo expecting success. Additionally, leaders must learn to balance their responsibilities within a global society with national and global interests. In this case, multi-department leaders are expected to simultaneously make long-term investments while continuously achieving short-term results. According to Phelps & Wood, global interests come with the integration of global economy which involves orchestration of business processes from above by an emergent transnational class which neglects autonomous involvements by sub-national opinionated coalitions reconciling between local and global welfare.

EUROPEAN UNION LAW Coursework Example | Topics and Well Written Essays - 1250 words

EUROPEAN UNION LAW - Coursework Example If we see, there are different articles In European Law Union which states the provisions regarding the free movement of persons inside the member states. Below is the critical evaluation and advice to the plight of a polish family who moved to UK Critical Evaluation and Advise to the Family Members a) Josef’s case Jozef, you came to UK with your partner Karolina on visit and eventually planned to find a job and settle here. You demanded financial support which was not legally available to you as per UK law and also expected a fair treatment from UK as to the wage scale and employment opportunities. But the major mistake on your part is that you were not aware of the UK laws with regard to the benefits the country offers to non nationals According to European Union Treaty (2006) â€Å"The Council and the Commission shall ensure the consistency of activities undertaken on the basis of this title and the consistency of such activities with the policies of the Union and the Comm unity, and shall cooperate to that end† The thing to be noted here is that many people cross the national boundaries with less knowledge about the legal procedures of UK and end being corrupted and humiliated. Jozef , you resorted to manipulate the tax system in eagerness to make financial gains and ended up being disobedient to the legal system of the country and got imprisoned. What can be suggested here is that, while moving to a developed, wealthy and expensive nation you should have been ready to initiate hard work and thoughtfulness to follow the legal system of the country and target to achieve success in long term and not attempts short cuts and end up in trouble. Generally, the legal system of free movement of people has some reservation to the nationals as compared to the people moved from other member states.Craig & de Burca (2008,pg.743) suggests that â€Å"The meaning and the scope of the terms ‘worker’ and activity as an employed person’ shou ld be thus clarified in the light of the principles on the legal order of the community†It is important for you to know the regulation set by UK government as to the worker’s right and employment so that you do not end up in trouble due to ignorance. b)Karolina Case : Karolina you moved with Jozef to UK and planned to stay in the country with him and started looking for a job and were asked to comply with certain demands of the UK government to procure a job. You are a trained teaching professional in Poland but to attain a teaching status in UK you needed to pass the English language proficiency test. You got distressed on this demand of the government and became adamant as to not to follow the test, instead took a job of language translator. Here you are not ready to accept the reality that UK needs the proficiency in their mother tongue to qualify as the country’s teacher. This is a minimum requirement which any teacher needs to obtain to occupy a professional teaching status. You should understand that you are not in your native land but in a country where the mother tongue is English. In real sense, you have lost the opportunity to be a professional teacher just because you neglected the value of the test demanded by the country which would have helped you in building your career and life in the long run. The UK government has not created hindrance in the growth of your

Wednesday, September 25, 2019

Internship Article Example | Topics and Well Written Essays - 1250 words

Internship - Article Example Since then the concept has gained significant popularity in the operations of different organizations. Research has shown that there is no organization that can survive in the long run without learning. A learning organization is conceptualised as a place where the employees create, acquire as well as transfer knowledge in their operations (Garvin, Edmondson, and Gino, 110). Basically, a generally accepted definition of learning is â€Å"any relatively permanent change in the behaviour of a person that occurs as a result of experience (Robbins, 110). In an organization, employees can exchange ideas that in turn lead to the creation of knowledge that permanently changes their behaviour. This change in behaviour as a result of new knowledge created helps the employees in the organization to keep pace with the changes they may encounter as well as to deal with challenges they may also face in their operations. In order for learning to take place, three factors known as learning blocks should exist and they include the following: (1) a supportive learning environment comprised of factors such as psychological safety, openness as well as appreciation of differences. (2) concrete learning processes and practices comprised of measures that are designed to foster learning, and (3) leadership which mainly reinforces the process of learning. The behavior of leaders influences the learning process of their subordinates. The second article by Kolb Alice Y. & Kolb David A. titled â€Å"Learning Styles and Learning Spaces: Enhancing Experiential Learning in Higher Education† focuses on how experiential learning can be enhanced in higher education. The experiential learning theory manly draws from the work of 20th century scholars such as Dewey, Lewin as well as Pieaget among others. These scholars give experience in the learning process of humans.

Monday, September 23, 2019

Collapse of Lehman Brothers Term Paper Example | Topics and Well Written Essays - 1250 words

Collapse of Lehman Brothers - Term Paper Example The company was experiencing a mass exit by clients, dramatic fall in stock value and asset devaluation. Their bid for bankruptcy protection was the largest in the world history. Corporate Malfeasance Corporate malfeasance is a legal concept that denotes the art of falsely manipulating accounts such that the financial position of a company appears stable and progressive. Following their collapse, top executives of former corporate giants, such as WorldCom, Enron and AIG, faced civil suits and criminal charges with allegations of corporate malfeasance. Corporate malfeasance was one of the leading causes for the collapse of Lehman in light of the financial crisis of the late 2000. James Cramer calls the Lehman’s malfeasance case ‘financial engineering’ (Cramer 2). He believes that with the knowledge of top officials, CFOs and CEO Dick Fuld, the accounting department manipulated the financial records in a bid to make the company appear more venerable to attract inves tors and retain clients. Lehman’s financial engineering had gone on for a few years amid growing worries among top officials that the company was over-leveraged. The advice of chief financial officers and other top officials spearheaded the ‘financial engineering’ gimmick through counterfeit records to hide Lehman’s vulnerability to collapse (Taibbi 98). Sources retrieved from the Wall Street Journal indicate that CEO Fuld was aware of the imminent collapse. He was manipulated by a clique of shadowy bankers and top investors who wanted to be overnight billionaires by urging him to make money-losing decisions. Corporate malfeasance did not go far. The truth eventually emerged and Lehman’s estimated $619 billion debt was exposed. This was after the audit report of a court-appointed financial examiner was released. Fuld had admitted in writing that he had commissioned the financial engineering gimmick as a systematic ploy of buying the company more tim e. This was by creating â€Å"a materially misleading picture of the firm’s financial condition in late 2007 to 2008† (Cramer 2). Lehman’s accounting gimmick dubbed ‘repo 105’ allowed the sale of company securities through a signed obligation to re-purchase them after a while so that they can do so at a lower price. This would temporarily remove such asset securities from the balance sheet. Likewise, the untimely sale of securities allowed the influx of liquid cash into the bank thus effectively lowering financial coverage ratios. These subtle and corrupt financial gimmicks were done behind closed doors keeping investors and other stakeholders in the oblivion (Sorkin 8). The US Housing/ Subprime Mortgage Crisis Economic experts link Lehman’s predicament to the bursting the housing or real estate market bubble in the U.S in the summer of 2008. The untimely subprime mortgage crisis was another leading cause for the collapse of Lehman Brothers I nc. In 2007, the real estate market in the U.S had registered a remarkable progress amid the housing bubble. Housing prices soared, reached the elastic limit and Wall Street began to experience a huge increase in home foreclosure rates and equally high subprime mortgage delinquencies. Subsequently, securities backed by mortgages declined significantly. The steep decline made re-financing very difficult.

Sunday, September 22, 2019

Art and Celebrity Dissertation Example | Topics and Well Written Essays - 6250 words

Art and Celebrity - Dissertation Example In terms of art, fame is often considered a double-edged sword, mostly because of the price attached to it and its impact on the artist in terms of his work. This essay shall discuss the impact of fame on celebrity and on art and the artist. This analysis will evaluate both the negative and the positive effects of fame on art, seeking to understand how artists have gained fame throughout their career and how such fame has changed them and their art. This essay is being carried out in order to help establish a clear and thorough understanding of art and fame, and their relationship with each other. Main body Fame, in this context is interchangeably associated with celebrity. Both refer to the general attention which an individual, an object, or a place gains from the general public (Conrad, 2012). Fame is derived from the word famous which often refers to popularity; while celebrity is associated with celebration, or how one person is celebrated by the general population (Conrad, 2012 ). Art takes on various forms of expression, including the performance, visual, and musical art. In association with each other, as a piece of art gains attention for its brilliance, fame or celebrity is often attributed to the artwork and the artist. Such celebrity and fame is however also attributed to different activities, even non-artistic activities (Conrad, 2012). Under these conditions, reality shows gain their celebrity and fame. The reasons for their fame are founded on their outrageous behaviour, their clothes, their controversial lives, their controversial or unusual jobs, and the fact that they are rich (Gibson, 2012). Celebrities are famous due to their prominent profile and such prominence often makes them a significant source of fascination for the media. They also often have a high degree of popular appeal as well as prominence in certain fields making them easily recognizable by the public (Gibson, 2012). For purposes of this paper, the associations shall focus on v isual art (painters) and fame or celebrity. In the general sense, it is crucial to evaluate how fame is felt by a celebrity over time. Based on the temporality, a progressive design is apparent in terms of fame being experienced in various phases (Rockwell and Giles, 2009). First, a phase of love/hate; second, the addiction phase with behaviour being geared towards more fame; third, the acceptance phase calling for more permanent changes in daily life activities; and finally, the adaptation phase where new attitudes and activities are established to secure life changes essential to one’s fame (Rockwell and Giles, 2009). The love/hate relationship is secured with participants wanting to ensure effective ways of adjusting to fame. Initially, becoming famous requires significant stoking of the ego. The newly famous are often warmly accepted by the people (Rockwell and Giles, 2009). There is often a guilty thrill seen in being admired, with participants wanting the attention and adoration even as they also analyse the good feelings they get from their fame experience. They love some parts of it, but also hate other aspects of their fame (Adler and Adler, 1989). The love/hate period is often followed by the addiction phase. When one is adored by the public, people often find it difficult to live without such fame. Some actually find their ‘high’ on such fame and adoration (Rockwell and Gil

Saturday, September 21, 2019

Human Resource Management Essay Example for Free

Human Resource Management Essay Human resource is an extremely vital element in the success of any company. No corporation can attain prosperity if they do not take interest to develop their human capital. (Klose, 1993) This is the reason it has become significant to correctly administer the employees by evaluating their performance on a regular basis, provide them with proper training sessions, assisting them in accomplishing organizational goals and make sure the talent and expertise is retained within the organization. First off all it is essential for a company to pay competitive pay scales so it can attract loads of skillful people as a company always wants talented people to be a part of their corporation. Additionally the human resource department should evaluate the performance of employees regularly and in an accurate manner. Since a wrong appraisal of the employees is worst than having no appraisal at all. (Woods, 2005) The aim of the human resource department should be to provide incentive to employees on the basis of the quality of their work. A 360 degree method of appraising employees should be used; this includes getting feedback from coworkers, team leaders, supervisors and customers. This approach provides realistic views for the human resource department and they are able to judge the performance of the employees in an effective manner. The human resource department should give people possessing extraordinary skill a chance to prosper and develop. It is the duty of the HR department to make use of the human capital in the most appropriate way. As the employees are the assets of the organization hence they should be retained within the boundaries of the organization. The organization should not only have the mission to achieve success but it should also take their employees on the road to prosperity. (Klose, 1993) Learning is a continuous process and it should be constantly encouraged at the workplace. It has been proved that 70% of the things an employee learns is through informal ways. Hence organizations nowadays are giving more significance to informal modes of learning as compared to the formal ways. Volpe Marsick, 2000) Additionally proper training is also essential, for this purpose classes on conflict management and decision making should be provided to employees. The objective of these training is to equip the employees with a range of skills and capabilities so that they can prove to be more resourceful for the organization and have a collection of skills that adds to their value. The human resource department should help motivate the employees by providing them with monetary and non monetary rewards. They should ensure that the employees like their work and are satisfied with the organization. (Klose, 1993) The HR department formulates policies for the workplace they should develop just polices to ensure that the organization is giving appropriate rights to the employees. Moreover the policies should be free from any gender, age, color, disability discrimination. Also an employee facing any problem of that sort should be comfortable in expressing it to the HR department so it could take immediate actions to resolve such issues. Additionally their should be a proper rule book which contains the rules and regulations of the workplace so every employee is aware of the penalty they will get for breaking the rules. The rule book of the organization is very vital as it acts as authentication of why the employees was terminated or given a punishment. (Woods, 2005) To conclude, in today’s world the role of HR is increasing day by day as it has become highly important to attract capable people and retain them. Hence HR should ensure that the employees are satisfies with their work, the benefits they get and the work environment.

Friday, September 20, 2019

Material manufacturing and analysis of engine crankshaft

Material manufacturing and analysis of engine crankshaft The report outlines the detail of material and manufacturing process selection exercise carried out on a typical car engine camshaft. Camshaft being one of the most important engine components requires careful selection of material. Moreover, owing to its specialized operation, the required geometry is relatively complex and certain improvements in mechanical properties are required to be introduced during manufacturing. This calls for and rather complex manufacturing route to be followed. The report initially mentions the operation of the component and describes its required characteristics. The material and manufacturing process selection is then carried out based on the intended use. A detailed description is provided in the end about the selected manufacturing route. INTRODUCTION The crankshaft is the part of an engine which converts reciprocating motion of the pistons into a rotary motion. The rotary motion has the advantage that it can be used rotate the wheel of the car. Crankshaft is an essential component in reciprocating engines because, rotary motion is simpler to mobilize the vehicle in which reciprocating engines is installed. Crankshafts are equipped with crankpins and additional bearing surfaces. The axis of bearing surfaces is offset from the crank. During operation, crankshafts are subjected to following mechanical stresses: Bending stresses due to up and down movement of pistons. Torsion stresses due to rotation of crankshaft and transmission of force to drive train, which subsequently transmit motion to various services. Owing to reciprocating motion of the pistons, bending forces on crankshaft are always cyclic in nature. Therefore, the stress behavior is further complicated due to constant fatigue factor hence necessitating higher fatigue resistance in the component. Friction of bearing surfaces is also important during the operation. The piston arms have to slide past the crankshaft surface. Therefore roller bearings are equipped between the sliding surfaces. However, as rpm of a typical engine reaches 4000-5000 during normal operation, an efficient lubrication is extremely essential for bearing. The crankshaft therefore contains holes for lubrication system. Operating temperature inside the engine is extremely high. Therefore, the material should be such that it retains required mechanical properties at elevated temperature. In order to suppress pulsating behavior of reciprocating engines, crankshafts generally connect to flywheel. In certain cases, a vibration damper is also installed at the opposite end to reduce vibration. Figure No 1: Engine Crankshaft Along with Connected Parts The analysis presented in this report focuses on crankshaft manufacturing which is feasible for large scale manufacturing. Figure No 2: CAD Drawing of the Camshaft MATERIAL SELECTION Based on the stress imposed on the component during the operation, operating temperatures and intended operation, the material to be selected for this component should posses following characteristics: The material should be strong in bending It must have excellent fatigue resistance. The material should be light weight so that it has small value of moment of inertia and transmit motion more efficiently. It must have lesser coefficient of thermal expansion so that the component can retain its original dimension at varying temperatures. The material should be easily machineable so that it can take complex shape (as required for the geometry of crankshaft) easily and without developing unnecessary stresses. After carrying out an extensive research of materials, following materials were short listed for crankshaft: Aluminum Copper Steel Aluminum Aluminum is an excellent machineable metal. It is light weight and can take complex shapes easily. Moreover, it can absorb vibration very efficiently. However, the metal has lower modulus of elasticity and higher coefficient of thermal expansion. Therefore, it will be subjected to larger strains at higher stresses and high temperatures. Moreover, it does not possess good resistance to fatigue loads and corrosion. Copper Copper possess very good corrosion resistant properties. It is easily machineable and has high strength. Moreover, it can possess good surface finish which proves helpful in achieving reduced friction properties. However, the biggest disadvantage of copper is that it is no corrosion resistant. Corrosion rate is significantly higher at higher temperature. It is therefore, not considered suitable for the intended use. Steel Steel is another option to be used as a material for camshaft. Steel is a better choice because, it possess excellent mechanical characteristics which suits best with the operational requirements of engine camshaft. It has the highest modulus of elasticity. It is tough, strong, easily available, cheap and it has very less coefficient of thermal expansion which makes it best suited for high temperature operation. However, steel itself has a large number of variants which posses large range of properties. Therefore, selection of most appropriate type of steel is also very important. An option for crankshaft material is carbon steel. However, these steels require additional heat treatments to acquire required level of strength. Iron crankshaft is also an option. However, iron cannot take higher loads therefore, iron crankshafts are suitable for low output engines where stresses are lower. They have the advantage of being low cost. In fact, the most widely used material for crankshaft worldwide is Vanadium Microalloyed steel. It has following advantages: Vanadium Microalloyed steel can be air cooled after reaching high strengths without further heat treatment. However, surface hardening is required for the bearing surfaces. Low alloy content also makes the material cheaper than high alloy steels. MANUFACTURING ROUTE SELECTION Crankshafts can be manufactured using following methods: Machining Forging and casting These processes are discussed separately in the lines below. Machining Process Machining is yet another process which can be used to manufacture crankshafts. Crankshafts can be machined out of a billet, often using a bar of high quality vacuum re-melted steel. Machining process has following advantages: Higher quality of steels, which cannot be forged can be used through machining process. No expensive tooling is required for machining process. Extremely high quality crankshafts can be manufactured. However, machining process also has following disadvantages: It is a highly expensive process because; it generally uses high quality material. Moreover, a significant quantity of material is also wasted during machining process. Additional heat treatments are required to get required material properties. Forging and Casting Process Forging is the most widely used process for manufacturing crankshafts today. It is due to the following reasons: The component has lighter weight The forged shafts have better damping characteristics More compact dimensions can be achieved The camshaft is a complex component. Therefore, it is not feasible to manufacture the complete component using a single process. Instead, the manufacturing process comprises of multiple steps encompassing various machining, milling, forging and heat treatment operations. The details are outlined in the next section. DESCRIPTION OF SELECTED MANUFACTURING ROUTE Following is the detailed outline of manufacturing process selected for the camshaft: The raw steel are required for a diameter range from 2.125 to 2.5 and 20ft in length (Figure No 1 in Appendix A). The raw steel bars are then turned on a lathe to remove the rough surface and then cut into the proper lengths depending on the engine size (Figure No 2 in Appendix A). Subsequently, the steel begins the process of becoming a camshaft as both the journals and lobes are cut and evenly spaced out. The Camshafts are then stack up and are prepared for the copper plating (Figure No 3 in Appendix A). The copper plating is done to keep the steel from becoming brittle and helps straighten the camshaft after the heat treating process. Once the copper is applied, the journals are lathe down to the thickness that is needed (Figure No 4 in Appendix A). The surfaces are then finished. Next, a special lobe milling machine is used to create the lift for the cam. These CNC machines use computerize programs that allow the manufacture to create the desired lobe and are precise at 0.0001 of an inch (Figure No 5 in Appendix A). Once the cams are roughly cut, they are placed in a furnace for heat treating. This process hardens the steel making the cam less likely to warp or snap when put under the stress of an engine. After the heat treating, the journals go through their final grounding stage and are milled to the correct dimensions (Figure No 6 in Appendix A). Following the journals are the lobes. They are grounded and polished to provide a smooth surface which reduces friction in the engine, freeing up horsepower. The last process uses a computerized scanner that checks the tolerances on the cams. Making sure that every lobe and journal are exactly the same.