Performance Measures and Communicating Performance Expectations to Garcia Meyer Center

This paper is going to identify performance measures that can be used to evaluate a potential managing director in charge of operation. In addition, the paper will also look at ways the board of directors can communicate their performance expectations.Advertising We will write a custom report sample on Performance Measures and Communicating Performance Expectations to Garcia Meyer Center specifically for you for only $16.05 $11/page Learn More As a consultant hired by the board of directors of Gracia Meyer Center I have developed a method that can be used in identifying performance measures and communicate performance expectations for the new managing director. One of the methods that can be used in identifying performance measures and communicating them to the potential managing director is the top-down director evaluation tool. Gracia Meyer Center is non-profit organization with a board of directors from different backgrounds. Therefore, the board of d irectors will be capable of evaluating the new managing director from a perspective that favors the success of the organization. Generally, the board of directors should look for a managing director in charge of operations who has the ability to achieve the goals of the organization, strong leadership skills, and sound financial management (Davila, Epstein Shelton, 2005). In top-down director evaluation tool, the board of director will have to asses and see whether the potential managing director in charge of operations best fits his or her pre-determined roles as stipulated in Gracia Meyer Center Charter. The board should also assess the potential of the new managing director to discharge his/her duties responsibly. With regard to this, the board can assess the effectiveness of the director in coordinating and supervising staff, implementing organizational goals, and accountability. This can be determined from the way the potential managing director contributes to the discussions during the interview, his/her knowledge of business procedure, and responsibility in terms of governance. In top-down director evaluation tool, integrity and confidence is a key ingredient to effective performance of a managing director. Being a non-profit organization providing social services to individuals living with HIV/AIDS, the integrity of its managing director is crucial for the success of the organization. In addition, Gracia Meyer Center has an annual budget of seventeen million obtained from the government and other stakeholders. Therefore, the integrity of its managing director who will be in charge of operations including finance is crucial in ensuring that funds are not misused (Davila, Epstein Shelton, 2005). The board of directors of Gracia Meyer Center should know that a competent managing director possesses skills that will enable him or her to effectively administer the organization, provide accurate and up-to date financial statements when needed, and be able t o write management reports to the board of directors on a regular basis.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Top-down director evaluation tool also seeks to evaluate the availability and accessibility of the managing director to both staff and the board of directors. An effective managing director should be able to address the queries raised by employees and the board of directors in an effective, timely, and courteous manner. The board should also assess the potential of the managing director to determine whether he/she possesses the right communication skills. This is because good communication could the board in future to know whether the managing director is discharging his/her responsibilities effectively, and whether he/she is conducting follow ups. The board of directors should also know that a good managing director in charge of operations should understand the views of the stakeholders (Garratt, 2003). Gracia Meyer Center is an organization that depends on various stakeholders for funding. The stakeholders have certain expectations, on how the organization is managed, utilization of funds, and the quality of social services it provides to its clients among others. The new managing director should be in a position to meet the expectations of these stakeholders. Certain laws regulate Gracia Meyer Center, which is a non-profit organization that provides services to marginalized groups living with HIV/AIDS such as gay people. The board of director should assess the potential manager to determine whether he/she is familiar with the policies and legal measures that govern the management and operations of Gracia Meyer Center. Top-down approach of director evaluation also requires that an effective managing director should be able to inspire and develop staff within an organization (Garratt, 2003). Gracia Meyer Center is an organization that employs a wi de range of professionals including lawyers, social workers, and health care experts. An effective managing director who oversees the activities of these professionals should ensure that their skills are enhanced through regular training, workshops, and seminars. The board of directors should also assess the new managing director to see whether he/she has the potential of satisfying the needs of all the company’s employees. This is crucial because a managing director who satisfies the needs of people who work under him prevents low labor turnover or absenteeism in the work force. Being a non-profit organization, Gracia Meyer Center also largely depends on volunteers. Hence, a managing director who can satisfy the needs of those working under him is crucial in ensuring high productivity within an organization. Although Gracia Meyer Center is a non-profit organization, the board of director should still emphasize on financial skills when choosing a future managing director.Adve rtising We will write a custom report sample on Performance Measures and Communicating Performance Expectations to Garcia Meyer Center specifically for you for only $16.05 $11/page Learn More This is because prudent financial management greatly contributes to the success of an organization. Finally, the top-down approach of director evaluation also stipulates that a managing director should be innovative. The board of directors in their assessment should ensure that the new managing director is innovating (Tyagi Gupta, 2008). References Davila, T., Epstein, M. J Shelton, R. (2005). Making innovation work: How to manage it, measure it, and profit from it. Philadelphia, PA: Wharton School Publisher. Garratt, B. (2003).Thin on top: Why corporate governance matters and how to measure and improve board performance. London: Nicholas Brealey Publisher. Tyagi, R. K Gupta, P. (2008). A complete and balanced service scorecard: Creating value through sustained performance improvement. Upper Saddle River, NJ: FT Press. This report on Performance Measures and Communicating Performance Expectations to Garcia Meyer Center was written and submitted by user Hayden Villarreal to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Philosophy of Libertarianism

Philosophy of Libertarianism The word libertarianism comes from the word liberty. It is a political philosophy advocating for liberty, freedom, voluntary and peaceful association of individuals without any form of coercion. Believers in libertarianism appreciate and try as much as they can to see that all human beings maximize their various opportunities to attain their goals in life. They argue that, human beings should be left on their own to do what they desire without coercion or intimidation.Advertising We will write a custom essay sample on Philosophy of Libertarianism specifically for you for only $16.05 $11/page Learn More Those in this paradigm shift agitate or rather advocate for a society that is self-governed or to be governed by a small government. This is because every human being has his own life to live as well as property and therefore, society should respect this by leaving everybody to determine the course of his life. Everybody in the society should show respect to o ne another. They therefore believe that every individual has freedom to do what they feel but not to infringe on the rights of others. Libertarianism is therefore a combination of liberty, responsibility and tolerance. Liberty implies the freedom to live one’s life in peace as one chooses, responsibility implying not to use force against other people except when defending yourself and tolerance implying that one should honor and respect the peace of other people. The strides that the world has made today can be attributed to the liberty people have been provided. For instance, liberty has contributed to respect of civil liberty, free markets and self-ownership. Without liberty, many people would still be prisoners of others. Furthermore, without liberty, the notion of free markets could be non-existence and therefore people could not be able to sell their products across their boarders. The proponents and historian also had their thoughts about libertarianism. Libertarianism was also viewed by historians such as Woodrock as the means through which revolution and reformation was to be achieved. This implied that the society was to be reformed through democratic means, consensus and not dictatorship. Likewise, other philosophers understood libertarianism as a form of governance whereby the center of power was to be decentralized to individuals. Individuals were to take control of their lives and not the government. Therefore, in conclusion, it is imperative to note that the proponents and philosophy of libertarianism meant or advocated for liberty and freedom of the people. Society has no obligation to be governed by an authority but people are supposed to enjoy their freedom as well as respect others’ rights.

Critically evaluate, in relation to the common law duty of care, the Essay

Critically evaluate, in relation to the common law duty of care, the liability of employers for references - Essay Example The discussion in this paper shall deal with the liability of referee to the subject only. There is no law which specifically confers the right to demand for a reference thus there is no mandatory duty to issue one. It is not a matter of right but a mere privilege which may be stipulated in a contract or agreement. Without any contract, the discretion to give reference lies with the referee however there are instances when the refusal to issue reference is construed as discriminatory that compels the employer to issue one. Assuming the referee voluntarily agrees to issue a reference, it has legal obligation to the subject and the recipient to give an honest, truthful and fair account of the information it has in its possession. The award of damages which do not arise from actual physical injury or damage to property is frowned upon (Murphy v. Brentwood District Council, 1990). This is against public policy and the floodgates arguments (Spartan Steel and Alloys Ltd v. Martin & Co. Ltd ,1973) where courts will be inundated with gratuitous suits. The exception from this general rule is when misleading statements are contained in the reference which resulted in economic loss then the aggrieved party may demand compensation for such breach of duty. For duty of care to exist nonetheless the standards enunciated in the leading case of Caparo Industries v. Dickman (1990), must be complied with: the injury or damage suffered by the aggrieved party was reasonably foreseeable; sufficient proximity or special relationship between the parties; and it is fair, just and reasonable to impose liability. These elements are mandatory and concurring where the absence of one element negates the existence of duty of care. It is not sufficient that the referee made derogatory remarks that damaged the reputation of the subject it must be shown that the referee has a special relationship with the subject such as that of an employer and employee or that of university official towards the ir personnel or students. If the derogatory remarks was relied upon to reject the subject’s engagement, the imposition of liability is just, fair and equitable. The case of Spring v. Guardian Assurance (1995), is illustrative. The employer imputed dishonest conduct which became the basis for denying the employee’s employment which was later discovered to false. The court enjoined employers to exercise utmost diligence in the preparation of reference so as not compromise the economic prospects of subjects and take due care to protect the subject’s reputation. The court stated a caveat the referee should exercise due skill and care in the preparation of the reference before making it available to the third party since the recipient accord great importance on the reference issued. The referee must showcase the subjects’ skills and expertise to improve their employment prospects and not diminish it by imputing sordid personal traits. The value accorded the re ference is due to the referee’s personal observation on the subject and if the subject is not personally known to the referee, the reference should be based on recorded facts. If a mediocre reference with unproven allegations is disseminated to prospective employers contrary to the subject’s qualifications warrants the award of damages. The right of the

Stravinsky and Shoenberg's Essay Example | Topics and Well Written Essays - 1000 words

Stravinsky and Shoenberg's - Essay Example Igor Fyodorovich Stravinsky was born on June 17, 1882, in Oranienbaum, Russia and died April 6, 1971, in New York. His father, a bass singer and his mother, a gifted pianist, raised him in St. Petersburg. Also, he was a citizen of the United States and France. After fathers death in 1902, Stravinsky decided to become a composer. And he really became one of the most famous genius composers of the 20th century. Igor is a key figure of such art direction, as modernism. His work has had a revolutionary impact on musical ideas during the First World War. Stravinsky created more than 100 works, executed by the Ballets Russes. One of his the most successful ballet works was "The Rite of Spring", which brought to him the extraordinary fame in the world of music. It was premiered in Paris in 1913. This musical work was created in the first phase of Stravinskys career, the so-called Russian period. In that time the composer often visited Paris for work. Nevertheless, Russia remained his home. (A&E Television Networks, 2015) The first performance happened at the Thà ©Ãƒ ¢tre des Champs Élysà ©es on May 29, 1913. It was one of the most famous exciting actions, which led to protests and disputes among the audience. In the history of musical theater it is one of the first nights of unrest. During the performance, the dancers could not hear the music, because people have created a very loud noise. Without a doubt, we can say that this composition was the original thanks to its bold, rough rhythms and unresolved dissonance. The Rite of Spring is a new musical concept, in which vary metric imbalances and rhythms. This work is accompanied by brilliant orchestration and sharply dissonant harmonies. The composers approach was empirical. He always wanted to test his musical materials and create something new, previously unidentified. He experimented with different chords, constantly playing the piano. Despite

Critical Appraisal of Pereira Da Silva; SS Obesity Meanings Essay

Critical Appraisal of Pereira Da Silva; SS Obesity Meanings - Essay Example Therefore, the study explored the expectations and the beliefs regarding the exigencies and the impacts of bariatric surgery (Bowling, 2009:56-58). The methods included a study population comprised of 30 morbidly obese patients. The results were based on three core themes namely: eating behavior, treatment, and obesity. Critical appraisal is an integral process in the evidence-based practice. The aim of critical appraisal is aimed at identifying the methodological flaws in the literature besides, providing the consumers of research evidence with the opportunity to make informed decisions regarding the quality of the research evidence (Trinder & Reynolds, 2000:69-72). The critical appraisal for both the quantitative and qualitative research is appropriate. Developing a critical appraisal framework for healthcare services allows for the need to have competent healthcare treatment for obesity. Therefore, health professionals are required to be intelligent consumers of research, and this entails the ability to publish research something which Pereira da Silva has accomplished. According to Benton and Cormack (2000) argue that there have been tendencies to evaluate qualitative research against the appropriate criteria against the quantitative research. This has led to attempts by various individuals to analyze the qualitative research within a quantitative framework thus raising the questions of credibility, reliability, dependability, and transferability. Hamers and Colison (2005) state that â€Å"there have been various frameworks that have been reviewed and the common features that are related to quantitative and qualitative research established† Generally, the guidelines tend to reflect upon the respective approaches, whereby the guidelines for quantitative research tend to be in the form of checklists, the guidelines for qualitative research tend to be more discursive. Sajiwandani is of the view that there must be a checklist that covers all the points a ppropriate for covering the points appropriate in treating obesity. They must include the hypothesis, operational definitions, reliability, and validity of any questionnaires (Sajiwandani, 1996). According to Sackett et al. (2002) assert that evidenced-based research is the â€Å"integration of the best research-based evidence with clinical expertise and patient’s value.† The evidence-based practice as described in the work of Pereira da Silva gives an equal emphasis on the situation of the patient, the best available research evidence, the patient’s values, wishes, and goals, and the clinical expertise of the practitioner, in this case, those dealing with obesity cases. The Literature Review The researcher uses contemporary material about the topic being discussed; and the meanings of experiences associated with awaiting bariatric surgery. The research on obesity uses a lot of high-quality material of the obesity topic being researched on (Fried, Hainer, & Basd evant, 2007:267). This led to the development of the research question thus allowing the hypothesis testing and identification of the appropriate method of data collection. Data collection involved the use cognitive interviews, questionnaires, open-ended questions, and the focus groups. The interviews were audio-taped, transcribed, and the coded according to the ground analysis methodology.  

The insurance sector in india

The insurance sector in india INTRODUCTION INSURANCE SECTOR IN INDIA The Insurance sector in India governed by Insurance Act, 1938, the Life Insurance Corporation Act, 1956 and General Insurance Business (Nationalisation) Act, 1972, Insurance Regulatory and Development Authority (IRDA) Act, 1999 and other related Acts. With such a large population and the untapped market area of this population Insurance happens to be a very big opportunity in India. Today it stands as a business growing at the rate of 15-20 per cent annually. Together with banking services, it adds about 7 per cent to the countrys GDP .In spite of all this growth the statistics of the penetration of the insurance in the country is very poor. Nearly 80% of Indian populations are without Life insurance cover and the Health insurance. This is an indicator that growth potential for the insurance sector is immense in India. It was due to this immense growth that the regulations were introduced in the insurance sector and in continuation Malhotra Committee was constituted by the government in 1993 to examine the various aspects of the industry. The key element of the reform process was Participation of overseas insurance companies with 26% capital. Creating a more efficient and competitive financial system suitable for the requirements of the economy was the main idea behind this reform. Since then the insurance industry has gone through many sea changes .The competition LIC started facing from these companies were threatening to the existence of LIC .since the liberalization of the industry the insurance industry has never looked back and today stand as the one of the most competitive and exploring industry in India. The entry of the private players and the increased use of the new distribution are in the limelight today. The use of new distribution techniques and the IT tools has increased the scope of the industry in the longer run. PRESENT SCENARIO OF INSURANCE INDUSTRY India with about 200 million middle class household shows a huge untapped potential for players in the insurance industry. Saturation of markets in many developed economies has made the Indian market even more attractive for global insurance majors. The insurance sector in India has come to a position of very high potential and competitiveness in the market. Indians, have always seen life insurance as a tax saving device, are now suddenly turning to the private sector that are providing them new products and variety for their choice. Consumers remain the most important centre of the insurance sector. After the entry of the foreign players the industry is seeing a lot of competition and thus improvement of the customer service in the industry. Computerization of operations and updating of technology has become imperative in the current scenario. Foreign players are bringing in international best practices in service through use of latest technologies The insurance agents still remain the main source through which insurance products are sold. The concept is very well established in the country like India but still the increasing use of other sources is imperative. At present the distribution channels that are available in the market are listed below. Direct selling  · Corporate agents  · Group selling  · Brokers and cooperative societies  · Banc assurance  · Customers have tremendous choice from a large variety of products from pure term (risk) insurance to unit-linked investment products. Customers are offered unbundled products with a variety of benefits as riders from which they can choose. More customers are buying products and services based on their true needs and not just traditional money back policies, which is not considered very appropriate for long-term protection and savings. There is lots of saving and investment plans in the market. However, there are still some key new products yet to be introduced e.g. health products. The rural consumer is now exhibiting an increasing propensity for insurance products. A research conducted exhibited that the rural consumers are willing to dole out anything between Rs 3,500 and Rs 2,900 as premium each year. In the insurance, the awareness level for life insurance is the highest in rural India, but the consumers are also aware about motor, accidents and cattle insurance. PLAYERS OF INSURANCE COMPANIES IN INDIAN MARKET LIFE INSURANCE COORPORATION OF INDIA ICICI PRUDENTIAL BIRLA SUN LIFE BAJAJ ALLIANZ SBI LIFE INSURANCE HDFC STANDARD TATA AIG MAX NEW YORK AVIVA OM KOTAK MAHINDRA ING VYSYA MET LIFE MEANING OF QUALITY SERVICE: (Quality of Service) Consistent performance. Certain network services need to be delivered at a certain minimum performance level to be useable for example, a video or audio clip will stutter and break up if the bandwidth is inadequate. QoS refers to a network systems ability to sustain a given service at or above its required minimum performance level. Short for Quality of Service, a networking term that specifies a guaranteed throughput level. One of the biggest advantages of ATM over competing technologies such as Frame Relay and Fast Ethernet, is that it supports QoS levels. This allows ATM providers to guarantee to their customers that end-to-end latency will not exceed a specified level. REVIEW OF LITERATURE Studies on life insurance consumption dates back to Heubner (1942) who postulated that human life value has certain qualitative aspects that gives rise to its economic value. But his idea was normative in nature as it suggested how much life insurance to be purchased and not what will be purchased. There were no guidelines regarding the kind of life policies to be selected depending upon the consumers capacity and the amount of risk to be carried in the product.The ongoing discussion also reveals that individuals current income and future anticipated consumption expenditure plays a crucial role in determining the amount of insurance purchased (we are, for a while ignoring the form in which insurance is purchased). The importance of rate of interest or the impatience factor is also worth considering. Preferences over different consumption pattern vary from person to person and there are qualitative factors which affects such preferences. Using the expected utility framework in a continuous time model, Yaari (1965) studied the problem of uncertain lifetime and life insurance. Including the risk of dying in life cycle model, he showed conceptually that an individual increases expected lifetime utility by purchasing fair annuities. Simple models of insurance demand were proposed by Pratt (1964), Mossin (1969), Smith (1968) and others; considering a risk adverse decision maker with an initial wealth. The results indicate that demand for life insurance varies inversely with the wealth of the individuals. Hakansson (1969) used a discrete-time model of demand for financial assets and life insurance purchase in particular to examine bequest motive in considerable detail. Headen and Lee (1974) studied the effects of short run financial market behavior and consumer expectations on purchase of ordinary life insurance and developed structural determinants of life insurance demand. They considered three different sets of variables: first, variables stimulating demand as a result of insurer efforts (e.g. industry advertising expenditure, size of the sales force, new products and policies, etc.); second, variables affecting household saving decision (e.g. disposable, permanent and transitory income, expenditure expectation, number of births, marriages, etc.) and lastly, variables determining ability to pay and size of potential markets (e.g. net savings by households, financial assets, and consumer expectation regarding future economic condition). They concluded that life insurance demand is inelastic and positively affected by change in consumer sentiments; interest rates playing a role in the short run as well as in the long run. Pissarides (1980) further extending Yaaris work proved that life insurance was theoretically capable of absorbing all fluctuations in lifetime income. Lewis (1989) found out that the number of dependents as an influence on the demand for life insurance. To sum up, the theoretical review yields macroeconomic variables like income, rate of interest, and accumulated savings in wealth form; along with a set of demographic or social variables having potential impact on an individuals decision to opt for or not to demand insurance. Life insurance consumption increases with the breadwinners probability of death, the present level of familys consumption and the degree of risk aversion. OBJECTIVES OF RESEARCH To find that which factors people keep in their mind sat the time of getting any insurance policy. TO know the service quality of insurance companies in Jalandhar city To know the perception of customers regarding insurance service in Jalandhar city. RESEARCH METHODOLGY Research is the systematic and objective identification, collection, analysis, dissemination and use of information for the purpose of improving decision making related to the identification and solution of problems and opportunities in making. RESEARCH DESIGN- DESCRIPTIVE RESEARCH FOR my study I have choose descriptive research design because in my study I have to know the effect of motivational forces. In this I have describe the effect of motivational forces. DATA SMPLING Data extent- Jalandhar (Punjab) Sample size-60 Sampling technique-Stratified sampling DATA COLLECTION PRIMARY DATA- Questionnaire SECONDARY DATA- Journals, magazine, newspaper. For my project, I have decided on primary data collection method by filling up the questionnaire from customers residing in jalandhar city I also followed secondary data collection method using various websites, journals and magazines for collecting information under my term paper project. LIMITATIONS Research was limited to Jalandhar city only. Some of the respondents were not ready to give proper response feeling risky to feel the questionnaire. Some of them were feeling unsecured by filling up the questionnaire. Most of the people were not aware of the importance of life insurance service in their life. They are not aware how useful life insurance can be for their family members if something happens to them. They are of the view that Insurance policies do not give good results They are not aware of modern unit linked insurance plans .they are still under the perception that if they take insurance they will get only 5-6%returns which in not true now days. People are still today not aware of the earning opportunity that an insurance service provides. FINDINGS LIC is the best service provider as compared to other insurance companies. Maximum of the respondents are not aware of benefits provided by insurance policies. Most of the people give more importance to life insurance policies as compared to other insurance policies. People think public insurance companies provide more security than private ones now days. Most of the people are also of the view that services provide by public insurance companies are better than private companies that is why most of them get insured their self and their family in public insurance company now days.

true colors essay -- essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  I am a lucky person. I was raised by a very caring pair of parents with three very good siblings in an extremely affluent town. I attended the best grammar and high schools in the state, continued on to graduate from one of the best universities in the world, and had no idea what to do next. My drive to excel was both internal and external—I really do love success, but I was equally pressured by outside sources to succeed. The advantages I was given served both to help me start ahead of others and stay ahead in life, and to cripple me once I had traveled through those first two decade’s worth of rites of passage.   Ã‚  Ã‚  Ã‚  Ã‚  I have long known that having so many opportunities had simply paralyzed my ability to pick one of them. While I know that my grade school friends were raised in the same environment as I, I have always wondered why they dove quickly and headfirst into their careers while I spent a decade trying to make up my mind. This introductory psychology course is the final prerequisite course I take before I begin medical school in less than one month. While I would have liked to have made this career decision ten years ago, I am glad to have experienced and learned all that I have in my life, for those experiences serve to solidify my resolve in having chosen my future career. Fortunately (and unexpectedly), Carolyn Kalil’s book has helped me to understand myself and my decisions.   Ã‚  Ã‚  Ã‚  Ã‚  I am GREEN. Very green. Actually, my girlfriend stated that I am â€Å"anti-blue†. She is probably right. I am rational, logical, love to find, diagnose and solve problems, and I love debate. My original plan in life was to become a lawyer. I took the LSAT in my senior year of college, was accepted almost everywhere I wanted to go, but at the last minute â€Å"freaked† that I was making the wrong decision. My fear was two-fold: was I making a rash decision, and would a career as an attorney allow adequate mental stimulation? I chose not to attend, instead embarking on a very different path for the next ten years. My gold traits are very strong, though not as much as my green traits. My gold tendencies are loyalty, need for efficiency and responsibility. The description of the gold traits seemed to fit me quite well, but the green traits are very overwhelmingly Me. I suppose were I somehow to acquire ... ... knowing how I feel in a given scenario. Furthermore, she has helped me to be considerably less frustrated by â€Å"stupid† people. She has taught me to accept that other people have different motivations, opinions and abilities and that mine should be mine and their’s should be their’s. It will be very interesting over the following days and weeks and months as I try to identify the colors for those around me. This will be in part to satisfy my green needs (diagnose and problem solve) and partly to help me interact with the other people of different â€Å"colors† in my life. That is probably the most useful aspect of this book—understanding our interactions with those closest to us. I will try to no longer become frustrated with blues, instead embrace their differing abilities and how they might complement my own. I will try to compete with the oranges, not against them. And I will try not to force the golds in my life to quickly adopt and adapt to my world views. I guess all that remains now is forcing all of those colors around me to read this book so none will be offended when I call them a color. Kalil, Carolyn, Find Your True Colors to the Work You Love, Riverside, California, 1998.