Wednesday, October 23, 2019
Different styles of leadership Essay
Marianne and Betsy do have different styles of leadership. Betsy is the more authority compliance manager and as well a little middle of the road off management. Marianne is more of country club management and as well as middle of the road. From experience with those management style. I think Betsy should focus more on what her direct manager wants. If your relatively new to a company, it would be very bad to rock the boat. I donââ¬â¢t think she should continue to follow the same leadership style because quite frankly itââ¬â¢s not working. However she should totally abandon her authority leadership style. Honestly Marianne and Betsy are at a point where they desperate need to work together to get the main goal in the right perspective. Marianne should become move of an authority compliant manager by giving her friendship with Bridget and Suzanne just a little separation. Betsy also needs to learn how to be more of a middle of the road team player management. She canââ¬â¢t rely on being too bossy, especially when her own boss tells her she is bossy thatââ¬â¢s a very bad sign. Betsy and Marianne can work together if they both come to an understanding. Betsy is more in a jam then Marianne. Betsy works under Marianne and Betsy is a fairly new employee. If Betsy resist Marianne and goes to senior management it could possible jeopardize her employment. Furthermore Marianne has the majority vote amongst the staff. Betsy might have to loosen up her rings and join more of the middle of the road management or either takes some tips into the country club management.
Tuesday, October 22, 2019
Small Business Environment in Kenya
Small Business Environment in Kenya Introduction Geographically, Kenya lies to the East of Uganda, to the Northern Part of Tanzania and to the West of Somalia. The country enjoys access to the Indian Ocean which it majorly uses for its imports and exports although comprehensively it covers an area of 592,909 square kilometers (Exports Processing Zones Authority 2005, 33).Advertising We will write a custom report sample on Small Business Environment in Kenya specifically for you for only $16.05 $11/page Learn More The country has a total population of approximately 38.6 million according to recent 2010 statistics (World Bank 2010, 46). Predominantly, the country is agricultural, with its major exports being Tea and horticultural produce (like flowers) which it majorly exports to Europe. Kenya has experienced a relatively peaceful political environment since its independence in 1963 with its major democratic hallmark being the peaceful transition of power from its longtime serving president Dani el Moi to Mwai Kibaki in 2002 (Exports Processing Zones Authority 2005, 68). However, in the eve of the elections of 2007/2008, the country experienced both political and social tensions which also spilled over to the economic progress and backtracked on the countryââ¬â¢s gains in economic development which stood at nearly 7% per annum (Business Daily Africa 2008, 52). The country later adopted a political settlement that now sees the Sub Saharan nation under the leadership of a Prime minister and a President. This situation has led to a rejuvenation of economic and infrastructural changes that have especially been boosted by the countryââ¬â¢s adoption of a new constitution in August 2010 (World Bank 2010, 50). At present, prudent economic policies have been effected and the country now experiences tremendous infrastructural changes and a decrease in unemployment levels. The country also has most of its organizations and businesses centralized at the nationââ¬â¢s headquarte rs, Nairobi (Exports Processing Zones Authority 2005, 97). The countryââ¬â¢s leadership has in the past laid proper groundwork for creating an investment friendly atmosphere with economists projecting that the country could achieve economic growths at the rate of 8% per annum by the year 2025 (African Development Bank 2010, 74).Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The Central Bank of Kenya is currently undertaking stable fiscal and monetary policies that have ensured a stable monetary policy in the past few years. Kenya being strategically located in the wider East African region because of its seaport (Mombasa); it has a strategic economic importance in the region (Exports Processing Zones Authority 2005, 54). This study seeks to evaluate the small business environment in the region with a careful analysis of the pros and cons the country faces with regards to Sma ll businesses. This study will also provide recommendations on how the country can improve its cons and take advantage of its pros to boost the growth of Small businesses Infrastructure The government of Kenya is currently involved in improving the countryââ¬â¢s infrastructure to ensure current facilities in the country are working in an efficient manner. Such efforts are currently aimed at rehabilitating, improving, maintaining, and upgrading existing roads, airports, seaports and other infrastructural facilities. Airports Kenya currently has a well developed international and domestic air transport network that at least covers the entire strategic locations of the country. International airports are located in three cities while domestic airports (for small aircrafts) are located in two cities: Nairobiââ¬â¢s Wilson Airport and Kisumuââ¬â¢s airport (Exports Processing Zones Authority 2005, 52). For areas that are inaccessible by road, the country has more than 150 airstrip s scattered all over the country to provide access to remote locations (Exports Processing Zones Authority 2005). These airports and airstrips are strategically located to provide goods and services to most businesses in the country. Seaports Kenya majorly has one seaport in Mombasa which serves a major economic role for both micro and macro economic business entities. This seaport is termed as one of the most modern in Africa with its strategic importance extended to serving other landlocked countries like Uganda, Rwanda, and Burundi (Exports Processing Zones Authority 2005, 45). The seaport serves a major strategic role in small businesses because most goods and raw materials dock at the port, after which they are transported countrywide.Advertising We will write a custom report sample on Small Business Environment in Kenya specifically for you for only $16.05 $11/page Learn More Roads Kenya has a relatively good road network serving most of its major tow ns. However, the countryââ¬â¢s road networks in remote locations where many small businesses thrive are relatively poor with a huge majority of them being murram. Nonetheless, the countryââ¬â¢s major highways are known to account for more than 70% of the total freight transported in the country. The cost of transporting freight is advantageously negotiable and most often cheap (Exports Processing Zones Authority 2005). In this regard, small business owners are able to transport their goods and raw materials in virtually all corners of the country. Notably, the countryââ¬â¢s infrastructure is used to transport large freight including oil and other goods to the countryââ¬â¢s neighbors. This carriageway is known as the Northern Corridor (Exports Processing Zones Authority 2005). Railway Kenyaââ¬â¢s railway network is not as advanced as it should be because the rail infrastructure at present is the same rail network used during the colonial period. However, most of the co untryââ¬â¢s rail network covers major commercial centers. On a positive light, the countryââ¬â¢s rail network seeks to gain from reforms aimed at modernizing the countryââ¬â¢s infrastructure in the coming few years due to massive transport reforms to be undertaken by the Ministry of Transport. Telecommunication Most small businesses in Kenya thrive from a good telecommunication network. Currently, Kenya is served by four GSM service providers with a relatively strong coverage across the country. In addition, more than 80 internet service providers are currently operating in the country through cut throat competition that has tremendously reduced the costs of telecommunication (Exports Processing Zones Authority 2005).. Electricity Electricity in Kenya is majorly created through hydropower and distributed in 250 volts 50 cycles single phase (Exports Processing Zones Authority 2005). The government is currently engaged in encouraging the private sector to involve itself in th e production of more electricity because virtually all small business and large business entities rely on power for most of their operations.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Power is however generated through the countryââ¬â¢s main electric generating parastatal, Kenya Electricity Generating Company (KENGEN) but it is distributed through another State parastatal, Kenya Power and Lightning Company (KPLC) (Exports Processing Zones Authority 2005). Water And Sanitation Water is majorly supplied by authorized water agents and local authorities (such as municipals and councils). Most councils and municipalities in major commercial centers are engaged in the provision of basic sewage and sanitation services for business entities. However, due to the proliferation of small business entities and indeed the population, most of Kenyaââ¬â¢s councils and municipalities are currently seeking to increase their water supply and expand their sewage services to meet the demand. Investments Policies, Laws And Regulations For Small Businesses The Kenyan government is currently aiming at increasing the confidence of both local and foreign investors to increase their investments in the country. A great part of this effort has been through a revision of existing laws and procedures of setting up small businesses in Kenya. Currently, the private sector contributes a greater part of the countryââ¬â¢s Gross Domestic Product (GDP). One of the governmentââ¬â¢s main strategies to induce both local and foreign investors is to sell most of its stakes to them. In this manner, the government has initiated a diversification from public sector investments to private sector investments. The kinds of investments earmarked for privatization include some of the largest to the smallest state corporations (Kenya Investments Authority 2010, 232). This trend is projected to create more business opportunities for investors. In addition, laws, policies and regulations are quickly being explained and eased through the investment promotion centre (www.investmentkenya.com) which assists both local and foreign investors in setting up businesses in the country. The s ervice has of late been upgraded to meet the modern needs of businesspersons in the country (Kenya High Commission 2010, 17). Application procedures and approvals are currently being facilitated through the medium as well. Kenyan laws currently allow for the setting up of small businesses in form of partnerships, private companies, joint ventures and public companies. This provides many local and foreign investors with a wide selection of alternatives on the type of businesses the may wish to undertake. The Kenyan Foreign investment act currently governs and safeguards all types of legal investments by Foreigners and undergoes periodic reviews which keep existing laws relevant with the changing business environment. For instance, there was a previous requirement that if foreign investors wished to set up business in the country, they had to apply for a Certificate of Approval so that they may be able to repatriate capital and profits (Exports Processing Zones Authority 2005). This p rovision is no longer there; which means that investors do not have a limit to foreign participation in local businesses, in terms of equity input or otherwise. The government currently wishes to adopt more business friendly rules and policies. These new regulations are expected to further streamline licensing and other application procedures while also increasing the degree of transparency and accountability in providing the same business provisions (Claasen 2010, 2). Information is therefore expected to be easily available to investors, including the procedures and legislation governing small businesses in the country. Investment Opportunities For Small Businesses There are currently many investment opportunities for small businesses as outlined by the Kenyan government. These opportunities are outlines as follows: Information Communication Technology (ICT) ICT is a fast growing sector in the Kenyan economy and many small business owners are bound to gain from the increased ICT ad option in the country. Such opportunities present themselves in form of software development, telecommunication services, E marketing and the likes (Sudan 2010, 67). Such opportunities are complimented by the huge human resource pool of skilled, English speaking, human resource experts who graduate from Kenyan universities each year. Commercial Dairy Farming Currently, the government is undertaking preliminary studies to asses the feasibility of privatizing most of its Artificial Insemination (AI) services. The same opportunity still exists in dipping services as a major dairy subsector (which has in the past been undertaken by the government). Clinical services are also being privatized by the government and this also presents an opportunity for more private sector participation. Tourism Since the government has extensively undertaken major strides in marketing the country as a topnotch tourist destination in Africa, increased tourist figures are expected to boost small businesses that make local artifacts for sale to tourists. Other kinds of businesses expected to grow in this sector include tour agencies, tourist cafeterias, hotels, catering industries and the likes. Other Other small business opportunities exist in the agricultural sector, textile industry, food industry, education sectors, agribusiness, manufacturing sectors and transport sectors (Kinyanjui 2000, 15) Technological Environment Many countries with regard to small and medium enterprises (SMEs) have gained from technological changes that set off in the 1990s (Hill 1987, 5). However, in Kenya, technological changes have not impacted small businesses very positively. Many local investors are not well versed with new technologies and this has led to a lot of confusion regarding the incorporation of technology in day to day business operations. In fact, most businessmen and investors who are strategically positioned to gain from technological changes are interestingly unaware of it, whereas inves tors who are aware of it, lack adequate access to technology but in some cases it is too expensive (King 2002, 67). Foreign investors have therefore in the past been better placed to gain from technological changes. Kenya and most Sub-Saharan countries have often found immense difficulty in using technology to integrate the activities of small businesses with potential investors, both locally and internationally (Wanjohi 2008, 5). The situation is further worsened by the wide technological rift between business men in rural areas and those in urban centers. Technological development in rural Kenya is also hampered because there is limited access to electricity among other social amenities that make internet connectivity available. Access to information is therefore hampered in this sense and small businesses in rural Kenya are isolated from existing networks that can provide the break through most small businesses in rural Kenya need for growth and prosperity. Technological changes in Kenya therefore do not seem to help entrepreneurs in rural Kenya at all. Credit Availability Small businesses the world over, have been identified to suffer from limited access to capital. In turn the alternatives in technology are greatly limited due to a lack or insufficient credit. For example, many small businesses have been observed to use inappropriate technology because they cannot afford the cost of using the right technology (IFC 2009, 65). Sometimes, even when credit is readily available, some investors may be forced to compromise their freedom in choosing the right purchasing equipments because of stringent regulations in lending. The constraining nature of the Kenyan credit market has therefore forced many small investors to seek alternative ways of financing like self funding and seeking funds from friends and relatives. In addition, the limited access to long term financing methods has forced many businesses to contend with short term methods of financing which are often expensive (Muteti 2005, 27). Other types of financial challenges many small businesses in Kenya face include high banking costs, high interest rates and exorbitant fees in borrowing funds. The year 2008, brought this issue to fore because most of the countryââ¬â¢s small business investors were hoodwinked into joining pyramid schemes that never bore fruit. However, from the whole scam, it was evidently cleat that many people were desperate for a lending mechanism that enabled them to pay back borrowed money in small interest rates. Investment Protection Agreements The government has made specific legislations in its constitution to safeguard both local and foreign investors against unforeseen business calamities. One such guarantee is the protection against expropriation of businesses or private properties which is often undertaken by governments for public interest. In case such an eventuality occurs, the law guarantees investors compensation. Another such guarantee is the repatriation of profits and interests under the Foreign Investment Protection Act which allows foreign investors to repatriate their profits after tax (including retained moneys which have not been capitalized) (Kenya Investments Authority 2010, 112). In the same regard, they can also repatriate any interest payments associated with borrowed loans. Also, Kenya is a member of the World Bank Multilateral investments Guarantee Agency which safeguards businessmen from risks of a non commercial nature (Kenya Investments Authority 2010, 16). Investment Promotion Centre Investment promotion centre was established through an act of parliament to assist micro and macro businesses to operate in the country. This body helps small businesses facilitate their licensing requirements before they commence business and also support the promotion of local investments in both local and international stages (Kenya Investments Authority 2010). The body works closely with relevant government ministries a nd most notably the Ministry for local government in establishment of local businesses to assist investors procure licenses and required permits for business. Currently, the body assists small business investors in obtaining licenses within six months or less. Small businesses are not governed by any equity ceiling, although foreign investors are required to partner with local investors when undertaking small businesses in the country (Kenya Investments Authority 2010). With regards to business opportunities created from government privatization of its departments, the Investment promotion centre can assist small businesses acquire businesses within four weeks upon availability of the necessary documentations (Kenya Investments Authority 2010). Recommendation Kenya has a favorably good business environment for small businesses to thrive. However, since small businesses thrive majorly in remote commercial areas, it is important that the government expand the infrastructure in the rur al areas to support the growth of small businesses. Such developments can be facilitated through private-public partnerships which are expected to hasten such developments. Also, a great deal of the countryââ¬â¢s small businesses is concentrated in major commercial centers of the country, thereby disproportionately growing small businesses. The government should therefore provide more incentives for growth of small businesses in rural areas which account for a greater majority of the countryââ¬â¢s population. This can be achieved through a reduction of taxes or a reduction of land rates as a factor of production. Licensing has also notably been more bureaucratic than it should be. Considering most nations have achieved fast and more efficient ways of licensing, it is important that the country also follow the same precedent (Organization for Economic Cooperation 2010, 3). Some licensing requirements are noted to take more than six months before being processes, meaning that th e system needs to be automated to increase the speed of such processes. Some of the countryââ¬â¢s laws regarding foreign investments also backtrack on the countryââ¬â¢s quest to improve foreign investments in the country. For example, the legal requirement that foreign investors ought to partner with local investors in owning agricultural land or setting up small business is retrogressive. Such laws are therefore redundant and should be changed through increased pressures by the business community in improving the business landscape of the country. Conclusion Kenya is a major economic hub of the wider East African region. Its business environment is supported by the governmentââ¬â¢s commitment to change existing and archaic policies that have previously stunted the economic growth. When compared to other countries of its peers, Kenya is firmly on the path to growth prosperity especially boosted by small business development. The growth of small business is especially expect ed to thrive from the governmentââ¬â¢s review of existing policies, growth of the ICT and tourism sectors plus an improvement in the countryââ¬â¢s infrastructure. The country is therefore expected to substantially grow from increased investor confidence and an upsurge of business opportunities across major economic sectors. That said, Kenya provides a good business environment for the growth of small businesses. Reference List African Development Bank. 2010. African economic outlook, volume 1. New York: OECD Publishing. Business Daily Africa. 2008. Kenya loses Grip on Business reforms, March 4, www.businessdailyafrica.com/-/539552/655052/-/584plu/-/index.html . Claasen, Mario. 2010. Social Accountability in Africa. Practioners Experiences andà Lessons. Johannesburg: African Books Collective. Exports Processing Zones Authority. 2005. Doing Business in Kenya. Nairobi: International Research Network. Hill, Thomas. 1987. Small Business Production/Operations Management. Nairobi: Macmillan Education Ltd. IFC. 2009. Press Releases and Features: Doing business in Kenya, September 9, www.ifc.org/ifcext/media.nsf//DB2010_Kenya_Sep09 . Kenya High Commission. 2010. Doing Business in Kenya, June 10, www.kenyahighcommission.net//doing-business-in-kenya.html . Kenya Investments Authority. 2010. Kenya Investments Authority: Home, March 10, www.investmentkenya.com/. King, McGrath. 2002. Globalization, Enterprise and Knowledge. Oxford: Symposium. Kinyanjui, Maina. 2000. Tapping Opportunities In Enterprise Clusters In Kenya: Theà Case Of Enterprises In Ziwani And Kigandaini. Nairobi: Institute for Development Studies, University of Nairobi. Muteti, James. 2005. SMEs in Kenya. Nairobi: The Catholic University of Eastern Africa (CUEA). Organization for Economic Cooperation. 2010. Perspectives on Globalà Development 2010: Shifting Wealth. New York: OECD Publishing. Sudan, Randeep. 2010. The Global Opportunity in IT-Based Services: Assessing andà Enhancing Country Comp etitiveness. London: World Bank Publications. Wanjohi, Mugure. 2008. Factors Affecting The Growth Of Mses In Rural Areas Ofà Kenya: A Case Of ICT Firms In Kiserian Township, Kajiado District of Kenya. Nairobi: Longhorn Publishers. World Bank. 2010. Doing Business in Kenya 2010, January 20,à psdblog.worldbank.org//doing-business-in-kenya-2010.html .
Monday, October 21, 2019
Management by Objectives Essays
Management by Objectives Essays Management by Objectives Essay Management by Objectives Essay Why should organizations engage in HR Planning? Why do some organizations require relatively complex and comprehensive HR planning systems than do others? Discuss. Planning means looking ahead and chalking out the future courses of actions to be followed. The ongoing process of systematic planning to achieve optimum use of an organizations most valuable asset is human resources department. The objective of human resource (HR) planning is to ensure the best fit between employees and jobs, while avoiding manpower shortages or surpluses. The three key elements of the HR planning process are forecasting labor demand, analyzing present labor supply, and balancing projected labor demand and supply. Management by Objectives (MBO) method involves setting specific measurable goals with each employee and then periodically reviewing the progress made. Advantages: 1. It sets objectives that are quantifiable and measurable. 2. It includes the employee participation in objective-setting process. 3. It also involves employeeââ¬â¢s active participation in developing the action plan. . It provides an opportunity for manager and employee to discuss progress and modify objectives when necessary. Disadvantages: 1. It is time consuming. 2. It may result in a tug-of-war or to and fro discussions between manager and employee for setting the objectives, action plan etc. Behaviourally Anchored Rating Scales (BARS) is an appraisal method that combines the benefits of narrative critical incidents and quantitative ratings. Advantages: 1. It is a relatively more accurate method of measure. 2. It has very clear defined standards. 3. It helps in providing specific constructive feedback to employees. 4. It is independent of dimensions and a consistent method for appraisal. 5. It is developed through active participation of both managers and job incumbents. 6. It has a greater chance of acceptance as both managers and incumbents are involved in its development. Disadvantages: 1. It takes considerable time and commitment to develop. 2. There are separate forms that have to be developed for different jobs. Q3. Explain the emerging trends in Human Resource Management and discuss the importance of technology on human resource function. Illustrate your answer with examples. Q4. Why should organizations engage in HR Planning? Why do some organizations require relatively complex and comprehensive HR planning systems than do others? Discuss. Planning means looking ahead and chalking out the future courses of actions to be followed. The ongoing process of systematic planning to achieve optimum use of an organizations most valuable asset is human resources department. The objective of human resource (HR) planning is to ensure the best fit between employees and jobs, while avoiding manpower shortages or surpluses. The three key elements of the HR planning process are forecasting labor demand, analyzing present labor supply, and balancing projected labor demand and supply. Management by Objectives (MBO) method involves setting specific measurable goals with each employee and then periodically reviewing the progress made. Advantages: 1. It sets objectives that are quantifiable and measurable. 2. It includes the employee participation in objective-setting process. 3. It also involves employeeââ¬â¢s active participation in developing the action plan. 4. It provides an opportunity for manager and employee to discuss progress and modify objectives when necessary. Disadvantages: 1. It is time consuming. 2. It may result in a tug-of-war or to and fro discussions between manager and employee for setting the objectives, action plan etc. Behaviourally Anchored Rating Scales (BARS) is an appraisal method that combines the benefits of narrative critical incidents and quantitative ratings. Advantages: 1. It is a relatively more accurate method of measure. 2. It has very clear defined standards. 3. It helps in providing specific constructive feedback to employees. 4. It is independent of dimensions and a consistent method for appraisal. 5. It is developed through active participation of both managers and job incumbents. 6. It has a greater chance of acceptance as both managers and incumbents are involved in its development. Disadvantages: 1. It takes considerable time and commitment to develop. . There are separate forms that have to be developed for different jobs. Q3. Explain the emerging trends in Human Resource Management and discuss the importance of technology on human resource function. Illustrate your answer with examples. Q4. Why should organizations engage in HR Planning? Why do some organizations require relatively complex and comprehensive HR planning systems than do others? Discuss. Planning means looking ahead and chalking out the future courses of actions to be followed. The ongoing process of systematic planning to achieve optimum use of an organizations most valuable asset is human resources department. The objective of human resource (HR) planning is to ensure the best fit between employees and jobs, while avoiding manpower shortages or surpluses. The three key elements of the HR planning process are forecasting labor demand, analyzing present labor supply, and balancing projected labor demand and supply. Management by Objectives (MBO) method involves setting specific measurable goals with each employee and then periodically reviewing the progress made. Advantages: 1. It sets objectives that are quantifiable and measurable. 2. It includes the employee participation in objective-setting process. 3. It also involves employeeââ¬â¢s active participation in developing the action plan. 4. It provides an opportunity for manager and employee to discuss progress and modify objectives when necessary. Disadvantages: 1. It is time consuming. 2. It may result in a tug-of-war or to and fro discussions between manager and employee for setting the objectives, action plan etc. Behaviourally Anchored Rating Scales (BARS) is an appraisal method that combines the benefits of narrative critical incidents and quantitative ratings. Advantages: 1. It is a relatively more accurate method of measure. 2. It has very clear defined standards. 3. It helps in providing specific constructive feedback to employees. 4. It is independent of dimensions and a consistent method for appraisal. 5. It is developed through active participation of both managers and job incumbents. 6. It has a greater chance of acceptance as both managers and incumbents are involved in its development. Disadvantages: 1. It takes considerable time and commitment to develop. 2. There are separate forms that have to be developed for different jobs. Q3. Explain the emerging trends in Human Resource Management and discuss the importance of technology on human resource function. Illustrate your answer with examples. Q4. Why should organizations engage in HR Planning? Why do some organizations require relatively complex and comprehensive HR planning systems than do others? Discuss. Planning means looking ahead and chalking out the future courses of actions to be followed. The ongoing process of systematic planning to achieve optimum use of an organizations most valuable asset is human resources department. The objective of human resource (HR) planning is to ensure the best fit between employees and jobs, while avoiding manpower shortages or surpluses. The three key elements of the HR planning process are forecasting labor demand, analyzing present labor supply, and balancing projected labor demand and supply.
Sunday, October 20, 2019
10 of the fastest growing jobs right now
10 of the fastest growing jobs right now When youââ¬â¢re thinking about starting your career or switching careers to change things up, there are a number of important factors: skills and qualifications, the education youââ¬â¢ll need to get started (or move up), and- perhaps the biggest concern of all for many of us- the salary. But while youââ¬â¢re considering all of these very important elements, donââ¬â¢t forget about the future. A growth career is one that will work for you 5, 10, or 15 years down the line. If you choose a path thatââ¬â¢sâ⬠¦shall we sayâ⬠¦dwindling, then your options down the line may not be as great as if you pick a field thatââ¬â¢s continuing to grow and evolve. Letââ¬â¢s look at some of the fastest growing fields and jobs, all which are anticipated to grow faster than average over the next decade.1. Interpreter/TranslatorBusiness is increasingly global these days, and as companies embrace this small-world trend, people who can help them navigate these international waters will be in hot demand. Itââ¬â¢s also a career that has good flexibility- you may work in person directly translating what people are saying, but it could also include translating written documents.What youââ¬â¢ll need: Fluency in multiple languages, strong written and verbal communication skills, and a bachelorââ¬â¢s degree.What it pays: $46,120 per year median salary, or $22.17 per hour, per the U.S. Bureau of Labor Statistics (BLS).Growth potential: 29% by 2024, per the BLS.2. Cost EstimatorIf youââ¬â¢re really good at those Price is Right games and have a mind for the big picture, then becoming a cost estimator might be a good option for your career. Cost estimators, well, estimate costs for goods or services in the most basic sense, but also use their skills to analyze data and determine the overall investment of time, money, and resources on a project. They serve an essential role in project planning. Cost estimators typically specialize in a particular industry, li ke manufacturing or construction.What youââ¬â¢ll need: Math/financial skills, research skills, analytical skills, and a bachelorââ¬â¢s degree in a field like math, management, or engineering.What it pays: $61,790 per year median salary, or $29.71 per hour, per the BLS.Growth potential: 9% by 2024, per the BLS.3. AudiologistIf youââ¬â¢ve ever seen one of those amazing videos of people hearing sounds for the first time ever after receiving cochlear implants, you know that audiologists serve a crucial purpose in helping people with hearing issues. These allied health professionals work with patients to test hearing and develop treatment plans to overcome varying types and severities of hearing loss. That work can include diagnosing issues, fitting patients with hearing equipment, and developing communication and comprehension skills.What youââ¬â¢ll need: A doctoral degree in audiology, plus a state license (check your state for specific licensing requirements).What it pays: $75,980 per year median salary, or $36.53 per hour, per the BLS.Growth potential: 29% by 2024, per the BLS.4. Pharmacy TechnicianOf all the growth fields over the next 10 years, perhaps none are moving as fast or exploding quite as much as healthcare. There are lots of reasons for this- aging Baby Boomers, more attention to health and wellness in general, a decline in overall health- but the upshot is that if you find a healthcare career path that works for you, itââ¬â¢s a safe bet for your future. Pharmacy technicians operate on the back end of healthcare, working with pharmacists to provide medication exactly as prescribed by doctors and with patients to ensure that theyââ¬â¢re taking the medications correctly and safely.What youââ¬â¢ll need: Organizational skills, general science knowledge, extreme attention to detail, and a high school diploma or completion of a pharmacy technician program. Some states also require additional licensing or certification, so be sure to c heck your own stateââ¬â¢s requirements.What it pays: $30,920 per year median salary, or $14.86 per hour, per the BLS.Growth potential: 9% by 2024, per the BLS.5. RecruiterIf you were the person who could hype any party to get the right people in the door or have a knack for matchmaking (in general, not necessarily in love), then you might be a great recruiter. These human resources professionals are scouts for talent, working on behalf of companies looking to fill positions. They may work independently as a contractor, or as a full-time employee as part of a Human Resources department.What youââ¬â¢ll need: Organizational skills, people skills, communication skills, and a bachelorââ¬â¢s degree.What it pays: $59,180 per year median salary, or $28.45 per hour, per the BLS.Growth potential: 5% by 2024, per the BLS.6. Dental HygienistDid we mention that healthcare jobs are hot? Donââ¬â¢t forget about the dental field, which is expected to grow alongside more traditional medic al fields. Dental hygienists are allied health professionals who work alongside dentists in dental offices or other medical facilities. They are the ones who can see right through your insistence that youââ¬â¢ve been flossing regularly, and are responsible for examining patients, evaluating for signs of disease, cleaning teeth, performing other dental health procedures, assisting with oral surgery, and educating patients on good dental health/follow-up care.What youââ¬â¢ll need: A good bedside manner, and an associateââ¬â¢s degree from an accredited dental hygiene program.What it pays: $72,910 per year median salary, or $35.05 per hour, per the BLS.Growth potential: 19% by 2024, per the BLS.7. Market Research AnalystData is king. So people who can wrangle data and help turn it into sales or marketing strategies are definitely on the royal court. With companies looking to take the ever-increasing amounts of customer and market data and turn it into better products or more sa les leads, market research analysts are the professionals who can make that happen. They take information about a consumer base or sales and turn that into a snapshot of what people want, what people will buy, and how much it should cost.What youââ¬â¢ll need: Math/financial skills, strong analytical skills, and a bachelorââ¬â¢s degree (though advanced positions may require a masterââ¬â¢s degree).What it pays: $62,560 per year median salary, or $30.08 per hour, per the BLS.Growth potential: 19% by 2024, per the BLS.8. Biomedical EngineerBiomedical engineers actually combine two hot careers (tech and health) into one. These engineers design and create the tools, equipment, devices, computer systems, and software that are used in healthcare. They can work in academic research settings, the private sector, or government settings.What youââ¬â¢ll need: A strong background in both engineering and the biological sciences, tech skills, and a bachelorââ¬â¢s or masterââ¬â¢s d egree in biomedical engineering or bioengineering.What it pays: $85,620 per year median salary, or $41.16 per hour, per the BLS.Growth potential: 23% by 2024, per the BLS.9. SonographerWhen you think ââ¬Å"sonogram,â⬠you might think of parents-to-be wielding those black and white photos that make babies look like peanuts, aliens, or any number of open-to-interpretation shapes. In reality, sonographers (the person behind the ultrasound/sonogram) use that imaging equipment for a variety of medical diagnostic purposes. These medical professionals work with physicians and surgeons to diagnose and assess internal medical issues.What youââ¬â¢ll need: Medical science knowledge, plus a certification or associateââ¬â¢s degree from an accredited allied health program.What it pays: $64,280 per year median salary, or $30.90 per hour, per the BLS.Growth potential: 24% by 2024, per the BLS.10. Event PlannerDo you have a passion for making sure every detail of a project is executed on time, with everyone in place who should be in place? Do you sleep better at night if your detailed spreadsheets and binders are nearby? If so, you might want to think about becoming an event planner. These professionals work for specific companies, like a hospitality company or a convention center, organizing and executing project plans for large gatherings like big meetings, conferences, social events, etc.What youââ¬â¢ll need: Extremely good organizational skills, communication skills, and a bachelorââ¬â¢s degree.What it pays: $47,350 per year median salary, or $22.76 per hour, per the BLS.Growth potential: 10% by 2024, per the BLS.So what do you think? Is one of these fast-growing careers the right choice for you?
Saturday, October 19, 2019
Assessment item 1 - Individual assignment Essay
Assessment item 1 - Individual assignment - Essay Example Though times have changed and organizations getting less hierarchical, yet importance of understanding legal requirements in employment relationship remain intact. The only difference is while earlier, they were transactional in nature, now they have turned more relational today. However, laws still guide the managers through their way to recruitment, selection, labor and procedural justice, compensation and other human resource functions. Legislation in employment does not follow at the time of recruitment and selection alone; they pave the way for successful and hassle-free work bargain and also extend after the human resource selection in maintaining the informal relationship according to the formal regulations. These legislations span across aspects such as providing equal opportunity rights, diversity management, accounting for health and safety of employees, relations at workplace, wage and child-related laws and illegitimate discrimination (Nankervis et al. 2009:153). Gillilan d (1993:696) assert that inclusion of laws into recruitment and selection process imparts fairness and objectivity to the entire function. Serving as a means to establish tenets of equity, laws put in place provide for substantial distributive and procedural justice in the organization which helps develop the attitude of employees and also infuse motivation in them. Evidence of fulfillment of labor and compensation laws discards the feeling of inequity between inputs and outputs and establishes symbiotic relationship between employers and employees. Elaborating further on the positive perception, implementation of procedural justice gains more grounds if legal requirements are duly complied within an organization. In the presence of proper regulations, employees tend to believe that they have a voice and an equal opportunity in affecting the decision making process and use of procedures to arrive at conclusions or verdicts. In exercising the procedural justice, if laws are in place, it obligates employers to account or justify for any of the repercussions. Legal provision of creating a two-way communication channel and justification lowers down the negative effect associated with the negative consequence. As such, laws also help develop interpersonal relations between employers, employees and related parties as they tend to involve the components of procedures, decision making and communication in recruitment and selection. Realizing the importance of legal requirements in work place settings, HR managers are now making increased use of psychometric tests in selecting apt candidates from applicantsââ¬â¢ pool. Wolf & Jenkins (2006:201) opine that this exercise is guided more on a defensive note than a pre-requisite staffing practice. Use of different tests do provide equal opportunity rights to applicants of varied intellect, education and capabilities, but more importantly, these tests serve as evidence that organization had been fair and justified in its r ecruitment process when there were no clear job descriptions or specifications. External environment and
Friday, October 18, 2019
Why does the movie Blackfish address a Marketing problem Essay
Why does the movie Blackfish address a Marketing problem - Essay Example A critical look at the movie would suggest that it essentially inform its audience that SeaWorld, the organization which manages and runs this business, is not only hiding certain important aspects regarding the actual ethical impact of their business but it is also being engaged in activity which can be dangerous not only for the animals but for the humans also. It essentially outlines the need to balance the ethics with informing the target market regarding the overall impact of such activities. (CIEPLY, 2014) Considering the above situation, it is therefore clear that the movie actually highlights the important marketing problem of how the organizations actually fail to maintain effective public relations. The movie clearly outlines as to how the firms actually engage in actions which may attract the negative publicity and hurt the image of the organization. Consumers are increasingly becoming complex and more informed in nature and considering the increase in the overall emphasis on the role businesses can play in ensuring sustainability suggests that marketing requires more ethical orientation towards this. The overall impact of the organizational activities on the consumers and other stakeholders therefore necessitate that the organizations must focus on behaving and acting ethically. Considering the overall situation depicted in the movie, it is clear that the SeaWorld has failed to act ethically and highlights the important ethical issue. It highlights as to how the firm is actually marketing and selling a product which is essentially dangerous for the lives of the consumers and those who interact with them. The blackfish is based upon how the captive Tilikum Orca can actually endanger the lives of others and how the firm actually failed to reveal this and other related information to their target audience. What is critical to note however the fact is that both the firms seem not be acting in ethically and socially responsible behavior. The
Discussion Paper Strategic Management Opinion Essay
Discussion Paper Strategic Management Opinion - Essay Example The Grocer and Construction News are typical and comparatively large circulation weeklies, which the trade uses both to assess itself and to inform itself of environmental changes it may need to act upon (Lowe, 1999, p. 232). Wiretapping is definitely not appropriate because this is unethical. Wiretapping competitors is one type of economic espionage. This is the "clandestine collection of trade secrets or proprietary information about a company's competitors. This practice is illegal and unethical and carries serious criminal penalties for the offending individual or business" (Kerin, 2003). Posing as potential customers is probably not appropriate because this is one type of deception. Morally, it is wrong to deceive competitors just to obtain information. Ultimately, ethical choices are based on the personal moral philosophy of the decision maker. If your employees know you have practiced this, they might get the wrong impression and they might follow suit and deceive your own organization. As emphasized above, information is power. This might be appropriate if the aim is to know what are the advantages and disadvantages of your competitors' products. This practice will be beneficial because you will know on what to improve with regards to make your products at par with the competitors'. There is nothing wron
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