Crisis Management and Communication in Organizations Essay

1. Introduction In the modern changing world a crisis can happen anywhere. It cannot be expected. And Effective Communication is really important when managing a crisis as one mistake done by the Organization can affect the whole Organization itself, its stakeholders and the Industry. It even could threaten public safety, the financial position of the organization and the reputation. It can lead to disruption of operation creating loss of market (W.T Coombs, 2007). That’s where communication comes in handy as lack of communication between the Society and the Organization can lead to distress, this is the where verbal and non verbal communication is really important. Referring to the case of Dominos pizza (New York Times ,2009), when two employs of the Dominos franchise in Conover, N.C, played a video prank with the food and putting the video on YouTube, the Management waited hoping that it will blow away and that is what went wrong. There was no news from them in the first 24 hrs. Instead of answering the queries of the consumers and the media they waited in the hope that it will cool down which never happened (New York Times, 2009). In a situation like this it’s really important to face the society and tell them what’s going on, should communicate with them verbally and non verbally or else the society will keep the image of the organization the way they want, good or bad. When in crisis after appointing a spokes person, it’s really important for the spokesperson to be calm and pleasant when confronting the media avoiding nervous habits ensuring the limit of disfluencies such as â€Å"umhs† or â€Å"uhs†, while avoiding fidgeting and pacing (W.T Coombs,2007). There is a good crisis example in 1993 â€Å"The Pepsi product tempering in 1993† (M.Hubbard,2006).They proved that effective communication in the Organization and effective crisis public relations campaign combining various strategies can rebound the hoax(M.Hubbard,2006). When dealing with media regarding a business crisis, it’s really important for the organization to stick to what they say if the statements given by the organization keeps on changing, dealing with the public relations will be a total disaster. They have to be very clear about what they say avoiding the statements which doesn’t make sense keeping it simple with limited information for the time being. 2. The Crisis 2.1. Communication Tactics It was clear in the case of Dominos pizza (New York Times, 2009) that management wasn’t aware of the situation unless a blogger alerted the Domino’s vice president of communications Tim McIntyre. There was no reaction from the management first as they didn’t want to alert more people to the story. And according to the Adage, a trade publication, Dominos response was late as in a situation like this the firm should be responsive to the crisis in the first 24 hrs and domino’s took 48 hrs to be fully responsive (R.Flandez, 2009). Just for the sake that more people might be alerted there was no issue of formal press release to mainstream press meanwhile the internal team was busy to form a strategy. After the management came to know of the videos they started to search for the two employs of dominos that were responsible for the videos with the help of bloggers and YouTube, and little that they realized that 70% of the conversation was going on Twitter and YouTube. As the Crisis began and most of the conversations were going on within the Social Networks from dominos they opened a twitter account to be responsive to the consumers and the society, even the President of the domino’s pizza Patrick Doyle appeared on a YouTube video and explained the present situation of Domino’s and that the store where the video was shot were closed and sanitized, for the efforts of Domino’s Richard Levick, President of the Levick Communications gives an â€Å"F† for the first 24 hrs and an â€Å"A† for the rest (R.Flandez,2009). By using the social Networks domino’s managed to handle the situation well. 2.2. Goods and Bads During the crisis, It could be clearly seen that even though Dominos was in a bad situation they didn’t jump on defending just because they might attract more people and they didn’t hold anything like a press conference, which wasn’t appropriate during that situation, but they did upload a video on YouTube and opened a twitter account to defend dominos and to tell people what was going on which was a good thing they did. The YouTube and twitter response was good but what about the older generation?, the people who are not on any of these but still a fan of dominos, they will only hear what people say considering there was no press conference or statement on TV which is a direct source of information to the Public. From dominos if they had got on TV they could have told the public as whole that they are working on the crisis and what they are doing about it. Even in the YouTube video the president of Dominos pizza Patrick Doyle stated that the store where the video shot was taken by the pranksters was closed and sanitized (R.Flandez,2009),they could have invited the Media ( TV stations and reporters) to witness the process. Even though the two employs of Dominos were fired after the video they could have managed to get a live statement of what actually happened and why they did it. It could have given extra support to prove the innocence of the whole organization. In the case of Pepsi-Cola in 1993(M.Hubbard,2006) when a man in Tacoma, Washington claimed that he had found a syringe in a can of diet Pepsi, the story started spreading like wild fire in the country more claims started arising. Pepsi-Cola announced that they will pursue legal action against anyone making false claims and started work on proving the innocence of Pepsi-Cola, and the claims did turn out to be a hoax. The president of Pepsi Craig Weatherup made appearances on TV and gave statements on radio. They even brought in cameras to the Pepsi bottling plant to show the bottling process and proved that there is no way that a foreign object could be inserted in to bottle or can before its sealed(M.Hubbard,2006), which is a very good example of communication in crisis. Dominos did make mistakes but they still managed the situation at a time there was no Social media plat forms or strategy in the Organization (M.Agnes, 2012) 3. Recommendations After the incident took place on 13th April 2009.a study conducted by HCD Research found 65% of respondents who were daily customers hesitates to do so after watching the offending video(R.Flandez,2009). Recommendations are many for this kind of situations. Like they could have prepared a communication list of reporters investors and customers, business partners and advisors and give to an official statement instead of waiting without any actions like in the dominos case and also admitting that there is a problem helps to move on with the others steps of the process to overcome the crisis(M.Nowlan, 2006).Many companies give out the phrase â€Å" no comment† and that is not the best thing to do as the public will conclude the situation making the Company guilty. And also respond to the situation as quickly as possible (M.Nowlan, 2006). 4.Conclusion As Effective communication plays a major role in the business organization it’s really important for the organizations to be ready for what might come for them. As one single mistake made by them at a time of crisis can lead to a loss which would be difficult to get over. As in the case of Dominos they were nearly out of business, there was couple of things which could have been done from the company side which were neglected in communicating the public. It’s important to take action internally but considering the company to be a service provider, issues will rise in a speed that no human can expect it that way. Let this case be a lesson to all the service providers to improve their image for the future.

Management in Libraries Essay

Economic threat to the libraries by escalation of books and journals, fewer resources, constant growth changes in technology and user high expectation have shown that management is the critical factor that determines efficiency and effectiveness of all types of libraries. Thus managers are expected to play different functions in order to be effective and efficient. In this assignment different functions and roles played by managers in different libraries are discussed showing how they improve efficiency and effectiveness and different laws of library management are discussed. DEFINITION OF TERMS Management Effectiveness defined by Bateman, T is â€Å"doing things right†. This means that the manager has the responsibility for selecting the right goals and appropriate means to achieving it. Efficiency is measuring the cost of attaining a given goal, concerned about how resources such as money, time, equipment, personnel obtain given goals. Thus a manager needs to be effective and efficient in order to achieve the goals of the library. MAIN DISCUSSION Library management comprise more than just making changes, it involves managing ongoing operations in the optimal fashion for your institution in the context of its goals, other department’s activities and patrons needs. Thus we realize that different libraries may require managerial different managerial skills in order to perform their duties effectively. Managers help in giving direction to the library showing where it is going. Library management involves planning, organizing, leading and controlling. Planning is about systematical making decisions about the library goals. In planning the manager defines the objectives the objectives of the library, stating the purpose of its existence, defining the user community and their information needs. This is important as it facilitates efficiency. It helps in understanding the library stakeholders. A public library is an omnibus organization. It carters for everyone in the community thus the need for every user must be known and fulfilled. A public library serves a diverse community of adults, children and teens thus a manager has to plan on resources to be acquired. A manager can plan on different resources that can be acquired ranging from entertainment, fiction, nonfiction for general research, children story books because there are no specific users, the resources must benefit everyone in the society. A manager also organize and coordinate human, financial , physical, informational and other resources needed to achieve library goals. The manager establishes the activity authority relationship of the library. The activities necessary to achieve the objectives are then grouped into working divisions, departments and grouped together. In an academic library a manager can group together activities like accession and cataloguing The manager has to establish standards for performance; this will make sure that the library is performing in such a way as to arrive at its destination. According to Griffin â€Å"controlling helps to ensure effective and efficiency needed for successful management† As a leader the manager is responsible for staffing which is concerned with allocating prospective employees to fulfill the jobs created by organizing process. It involves the process of reviewing the credentials of the candidates of the jobs and trying to match the job demand with the application s abilities keeping each employee qualified. It also involves the development and implementation of a system for appraising performance and providing feedback for performance improvement. In a special library where the main target is a specific audience, for example ZIMRA library its serves the ZIMRA staff and mainly the manager have to recruit someone who posses research skills because mainly it deals with research for its company. The manager is responsible for choosing the right candidate, who knows how to research, even on the internet where there is information overload the candidate must be able to extract relevant information using the right search engine, mainly in a special library every one depend on the information provided by the librarian. The manager is also responsible for keeping the librarian qualified for the job by providing ongoing training since the librarianship profession is dynamic thus this will improve effectiveness and efficiency of libraries. A manager also gives s direction that will help the library in achieving its goals. Directing builds a climate, provides leadership and arranges the opportunity for motivation this is further explained by Rachel’s laws of library management, it says save time of your staff. This means that the staff must be given support they need for them to achieve goals effectively and efficiently this include providing training for them where it is needed. Each boss must plan and oversee the wok of each of his or her subordinates. In an academic library there are different services offered for example cataloguing and accession section can be directed by one manager then the E- resource section can be under another manager e- journals purchased, subscriptions etc. This will ease the load as one manager is focusing on a specific service thus he spend more time trying to improve the services and working with his subordinates and improves efficiency in the library. As a manager attempts to perform the managerial job effectively and efficiently there is a need to ‘wear different hats’ in interaction with employees. Managers interacts with others besides subordinates they work with other peer level managers in some other departments and outside contacts (suppliers and clients). Thus a manager is building contacts through which to gather information. Rachel agrees with this in the laws of management which says library resources are for use. A library manager is expected to connect resources with the user achieving the library goals. Through the liaison role a manager is able to network with other libraries. Academic libraries can practice resource sharing if there are shortages of material in specific departments the two libraries can share the available resources to both libraries and this will give the patrons a wide variety of information thus fulfilling their needs, this will improve efficiency. The manager is exposed to new ideas or methods that may improve the work unit operations. The manager initiates activities that will allow and encourage the work unit to use the idea most advantageously. Rachel’s law of management says that a library is a growing organism. A manager needs to open to change and help the library evolve to meet the needs of patrons. We can look at public library, the introduction of automation the staff may resist change having fear of losing their jobs thus a manager is responsible for encouraging and motivating the staff showing them the advantages of automating the library services and how it can reduce their workload, providing training for them thus the duties are performed effectively and efficiently satisfying the needs of different patrons. An effective manager is an active leader who creates a positive work environment in which the organization and its employees have the opportunity and incentive to achieve high performance (†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. ) In order to perform duties effectively and efficiently Rachel says that â€Å"every task its doer†. The manager encourages ownership and responsibility to each staff member. Every staff member his/ her work, the manager must know people’s skills and strength and staff can then be deployed according to their abilities then the duties can be done perfectly improving effectiveness and efficiency in a library. Even though the staff is divided according to their abilities it is the duty of a manager to create a spirit oneness and togetherness amongst the subordinates. They should work as a team to achieve the library goals; Bavakuty M (2000) agrees that libraries can become effective and efficient by â€Å"strong top management support, a system approach and strategic planning, a customer focus, an emphasis on employee team work, empowerment training, the use of measurement and analysis technique and commitment to continuous improvement†. The manager seeks and receives wide variety of special information to develop through the understanding of the library and the environment, emerges as the nerve centre about the library. The manager monitors internal and external events, ideas, trends and analysis. The manager then uses the information to detect changes, problems and opportunities and to construct decision making scenario. The manager as the disseminator transmits information from other employees to other members of the library. The manager can bring external information received into the organization and facilitate internal flow of information. Thus we realize that management is the heart of any type of library and facilitate efficiency and effectiveness. BIBLIOGRAPHY Bavakutty, M (2000). Management of libraries In the 21st Century. Ess Ess Publication. India. Griffin, R. (1987). Management 2nd editition. Maffin Co Mohant, T. C. (2008). Research Methodology in Library Science. alpha Publishers India. Plunket, R. (1983). Introduction to Management. Kent Publication. United States of Amenrica.

Labor Relations Essay Example | Topics and Well Written Essays - 1750 words

Labor Relations - Essay Example Acknowledgements I would like to thank my professors and all my seniors who have continuously assisted me with the project providing with suggestions and advices as well as sources from where I could take help from. I would also like to thank my peers who assisted me with the drafting and presentation of the report. Contents 1. Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.5 2. Abu Dhabi Media Company: An Overview†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦5 3. Human Resource Management at Abu Dhabi Media Company†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.7 3.1. Company’s Employment Contracts and Relations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.7 3.2. UAE Labor Law and Abu Dhabi Media Company†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦8 4. Trade Unio n and Abu Dhabi Media Company†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..9 4.1. Trade Unions†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..9 5. Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.11 6. ... Human resource management is the department of an organization that deals with humans or the employees of the organization. The managers of the human resources department are involved with the employment contracts and relations with the employees of the organization. They deal with the hiring of new employees depending on the labor law of the nation in which the company exists. Also, a study on the human resources activities of a company provides with the knowledge of any form of trade union that is followed by the company’s members. The current study focuses on a local company in Abu Dhabi in United Arab Emirates (UAE), Abu Dhabi Media Company, and studies the human resources management of the company focusing on the company’s background, vision and mission, its employment relations and contracts, the implications of UAE Labor Law for hiring new expatriates employees for the company, as well as the nature of the role of trade union in the company if it exists, and unde rstanding the role and benefits of a trade union. 2. Abu Dhabi Media Company: An Overview: Abu Dhabi Media is one of the media companies in the Middle East located in Abu Dhabi in the UAE. Its activities involve multiple functions performing in different platforms of the media. More than 20 brands of the media are managed by the company and these include television, radio, publishing, games, digital media, printing, as well as other broadcasting media. There are a number of subsidiaries working for the organization that include leading companies in the field of media like Imagenation Abu Dhabi, LIVE, United Printing Press (UPP) and others. The three main divisions performing the functions for the company are the Broadcast, Publishing, and the Digital Media.

Emergence of Baseball - World Civilization, History Essay

Emergence of Baseball - World Civilization, History - Essay Example 251). In this regard, the current essay aims to present the ways by which the game of baseball apparently reflected the realities of American life during its early years. The exact origin of baseball was identified to as early as the 1700s where a sport reportedly known as â€Å"base†, â€Å"base ball† or â€Å"goal ball† (Baker, 1997, p. 253) exemplified the framework for contemporary baseball. Its growth and popularity as a professional game was identified to have been fathered by Alexander Cartwright in 1845 (Baker, 1997, p. 253). During these early years, American life manifests a preponderance to activity, fast pace, a focus on industrialization and urbanization, consistent with overall economic development. The sport which was considered team sports was the perfect epitome of American life in terms of â€Å"reflecting the nationalistic, patriotic tendencies of the age†¦ (where) individuals found a sense of self-importance as parts of a larger whole† (Baker, 1997, p. 251). As America was exhibiting leads and gaining grounds for economic development and growth, the factors that likewise provided the impetus for se lecting a preferred sports that mirrored American life was reported to include the following: (1) increasing wages and a five-day work week; (2) technological advancement and development that enhanced the design, easy access, and availability of sports equipment; and (3) sports areas that conveniently housed spectators and players in various time frames (Baker, 1997, p. 252). Upon closer review, it could be deduced that American life veered away from rural and agricultural endeavors to industrialized and urbanized activities. The increasing income of households, in conjunction with more leisure time, enabled people to spend on alternative ways for entertainment and sports. Likewise, the popularity of watching a

Dress Code in High Schools in United State Are you with or against Essay

Dress Code in High Schools in United State Are you with or against - Essay Example Administrations of high schools hold the responsibility of ensuring that their schools remain safe and orderly. With the Education Commission of States, ECS (2014) citing statistics from the National School Board Association estimating the number of guns snaked into American public schools at 135,000, the implementation of dress codes would play a critical role in identifying such persons and thus promote a safe school environment. Raby (2012) documents dress codes that require students to expose their belt lines as significant in deterring the concealing of guns under clothing. Furthermore, it is easier for intruders to be identified in a school that has a dress code (Wilder & Key, 2007). This plays a critical role in identifying any persons who come to school with ill intent. Schools that have implemented dress codes have recorded a decrease in fights and violence. Dress codes improve students’ academic performance. This is because, as documented by Gentile and Imberman (2010), having a standard way of dressing helps students concentrate on their academics. It saves a lot of time spent dressing, especially for adolescent students, thus saving time for studies and sleep, both of which promote academic achievement. Thus, dress codes help schools achieve their academic objectives. Thirdly, schools with dress codes have been noted to promote positive educational environments. Such positive educational environments have been promoted by requiring students to wear uniforms. Wilder and Key (2007) support this argument by giving an account of President Clinton’s 1996 State of the Union address which endorsed the idea of uniforms in schools following findings that school uniforms instilled student discipline, decreased theft and increased resistance to peer pressure. Sharing in the same sentiments, Raby (2012) observes that dress codes in schools reduce teasing among students. This promotes harmony in the school, fostering an appropriate environment

Research Methods in Criminal Justice Assignment

Research Methods in Criminal Justice - Assignment Example igation: the kind of parenting that a child had during upbringing, whether single parenting or with both parents present or no parent being there and the outcome of the upbringing (The success of the child in adulthood). However, the journalist has written his headline in a definite manner likely to suggest to the reader that the only way one can raise a child who will be successful in future is by ensuring that both parents are present when the child is growing up. The outcome of the researcher’s work is clear and concise; the individuals who were raised by both parents exhibited higher career success scores than individuals who were raised by one parent. The journalist ought to have taken the point that the research was not as explicit as the newspaper article was. In journalism, it is recommended that the writer of the story leaves it upon the audience to form independent opinions on the matter after reading the story. In this case, however, the writer seems to suggest to the reader a certain position, which might be taken to be offensive by the people affected, especially individuals who were raised by single parents. B. The researcher opted to post an advertisement online in a local advertising website in order to look for volunteers for his study. He then pays the participants $10 each for their participation and has them answer some question about their later career successes in life. In undertaking research in this manner, the researcher cannot guarantee the authenticity of the data he came up with. This is because by posting the advertisement online, the researcher was seeking for volunteers. When he decided to pay the individuals who participated in his survey, he might have drawn the attention of other individuals who just needed to get some money, with the information they gave out being compromised. With this in regard, the researcher failed to insulate the data he would receive against people who were more inclined towards getting the ten dollars

Evaluation Analysis Essay Example | Topics and Well Written Essays - 1000 words

Evaluation Analysis - Essay Example Although the movie itself is very simple, the message hidden within the movie is quite deep and intricate (Brown). Every romantic movie needs to have two characters that are deeply in love with each other. They need to have a deep rooted passion and affection for each other. This movie ‘Two can play this game’ fulfills the criteria of being called a romantic comedy because of the chemistry, emotional connection and love that the main characters Shante and Keith hold for each other. Usually in romantic movies, the characters face some obstacles in order to get to their loved one and in this movie also, the characters do face a few difficulties which make the plot more interesting. The name of this movie ‘Two can play this game’ suggests that generally more players are needed for arousing an interest in a game. However, there is a game which only two people can play. And that game is called love. In love, there is no involvement required of other people what so ever. Infact, the involvement of more people actually destroys the game. It inhibits the two lovers from noticing the inherent chemistry between the two of them as was the case with Shante and Keith who are the hero and heroine of the movie. In this way, the movie also builds up the curiosity of the audience as to the nature of that game. The flow of the movie keeps the audience hooked up and provides bouts of humor at intervals. The movie opens with the heroine wearing yellow and a refreshing music playing in the background. She is shown driving her impeccable red convertible and people of the other gender have to hold back emotions because she is so sexy. She does not pay attention to any of them as she continues with her daily schedule. The first scene is dedicated completely to giving credits and providing context to the whole movie. She is shown driving down the city, enjoying the pleasant weather and the environment around her. There is no introduction given

B2B Exchanges and Supply Chain Assignment Example | Topics and Well Written Essays - 2500 words

B2B Exchanges and Supply Chain - Assignment Example Supply webs (or vortals) serve industry sectors by integrating the supply chain systems of various buyers and sellers creating virtual trading communities (Turban et al, 2006). An example of how B2B exchanges might operate is shown in fFigure 4. E-marketplace operators hoped to create a true value-added experience for their customers (marketplace participants) and to reach the aspired scale (Schneider, 2000). [I do not understand what the previous phrase means] Currently, B2B exchange platforms can support whole trading networks from the planningprocurement of the raw materials upthrough to to the sellingsale to the final customer, supporting new structures and relationships in the supply chain (Hayes, 2005). [You should use an example of these structures/relationships to make your meaning more clear] Thus, the value proposition of B2B exchanges can move away from price minimization towards cost optimization through improved efficiencies and tightened coordination between buyers and sellers. According to Lejmi (2005) researchdefines, supply chain management (SCM) involves as the coordination of both online and traditional delivery channels. This includes the settlement phase of each transaction on e-marketplaces, which must be taken into consideration when planning demand and supply in a given network. On the other hand, e-marketplaces can be used as supplementary channels to the efforts to get rid ofto ameliorate inefficiencies in the supply chain in order to remove excess inventory. B2B exchanges, which are centralized systems, can build the basis for SCM. Moreover they allow solving two of the major problems faced by SCM systems: discontinuities in the information flow and the lack of trust among the different partners (Knolmayer et al, 1999). Figure 5 describes different types of B2B exchanges offering different advantages for the participating companies and can support specific SCM functionalities in different ways. The private exchange1 could be the most useful type for introducing the supply chain optimization between member companies. This type of e-marketplaces enables a companyan organization with dominant position in the supply chain to strengthen the collaboration and synchronization with its trading partners. The mostA knownwell known example among of a private exchanges would beis Dell's eHub accessible from Valuechain.dell.com from Dell. Figure 5: B2B exchanges support for SCM functionality Source: Lejmi, 2005 B2B applications are offered online so they can serve as supply chain enablers that offer distinct competitive advantages. Hoffman et al (2002) argues that various B2B types have different effect on supply chain relationships. B2B prA ivateprivate B2B e-marketplace provideprovidess a companyan organization with high supply chain power and high capabilities for online interactions. This is basically how much bargaining and control power a companyan organization has. On the other hand, joining a public e-marketplace, provides a businessan organization with high buying and selling capabilities, but will result in low supply chain power. Companies that choose an intermediary to do their buying and selling

Well-Being In The UK Essay Example for Free

Well-Being In The UK Essay Racism is a socially constructed phenomenon, evident within mainstream societys individual and institutional value systems. The corrosive effects of racism seriously impinge upon the life chances and life expectancy of ethnic minorities, living within the United Kingdom. Within this essay I will attempt to highlight the social implications of racism, illustrating the relationship between racism, poverty and social exclusion. I will also consider recent government legislation and the contribution required from Social Services to combat the perpetuating effects of racism. Within todays society racial classification creates a dominant framework of superior and inferior beings, some still believe superiority of one race over another is a result of biological indifferences. According to De Gobineaue the white race possesses intelligence, morality and will power superior to those of the others [other races] (Giddens 1993:264). Alternatively, black races are considered to be, in educable, deviant and inferior to their white counterparts. These stereotypical viewpoints embody the essence of racism; Giddens (1993) defines racism as falsely attributing inherited characteristics of personality or behaviour to individuals of a particular appearance. The negative affects of racism profoundly impact upon institutions such as education, housing, employment and health to name but a few. Institutional racism is an accepted concept existing within both the public and private sectors. The Macpherson Report defines institutional racism as: . the collective failure of an organisation to provide an appropriate service to people because of their colour, culture or ethnic origin (Macpherson Report, 1999) The reality of such a damning statement confirms the disadvantage ethnic minorities encounter in their every day lives; furthermore the negative effects of racism correlate with statistics illustrating, ethnic minorities experiences with poor standards of housing and lower levels of income. Within the United Kingdom, ethnic minorities represent approximately 5. 5 per cent of the population (Commission for Racial Equality 1999); most minority ethnic groups live in socially and economically deprived areas, experiencing limited access to quality services. Poverty is a fundamental disadvantage afflicting many ethnic minority groups; amongst the diverse population contained within the label ethnic minority groups Bangladeshi and Pakistani families are by far the poorest groups, research carried out by (Foundations 2000) reveals that 60 per cent of Pakistani and Bangladeshi communities live in poor conditions. The effects of poverty significantly contribute towards lower social status, poorer life chances and a feeling of powerlessness; the consequences of poverty not only deprive individuals of material necessities but when combined with racism, exacerbate social inequalities that further compound the disadvantage that already exists. Residing within socially and economically deprived areas, places limitations on the quality and standard of education ethnic minorities receive (Giddens 1993). Many inner city schools fail to recognise, the intrinsic needs of children from different races. Furthermore, under-representation of ethnic minority teachers and a curriculum that emphasises white dominance contribute towards accusations that the educational system is institutionally racist. Maxie Hayles, chair of the Birmingham Racial Attacks Monitoring Unit quotes;- Black children are often labelled by teachers as disruptive and less intelligent than white pupils; creating a self fulfilling prophecy. Black youths need something: they feel debased; they need something to identify with. (Hinsliff and Bright 2000)

Competitive Advantage Of Airline Industry In Singapore Tourism Essay

Competitive Advantage Of Airline Industry In Singapore Tourism Essay Singapore economy is one of most prosperous in the world. Singapore airline industry accounted for 5% of GDP and the industry value-added rate is 15%. As an important role in Singapore economy, Singapore airline industry has growing fast. In this paper will use the Porters Diamond Model (Factor endowments; Demand conditions; Related and supporting industries; Firm strategy, structure and rivalry; Chance Government) to analysis the competitive advantage of Singapore airline industry and explain how the Singapore airline industry developed its competitive advantages. Introduction Singapore economy environment Singapore economy is one of most prosperous in the world. Singapore economy is a capitalist mixed economy, with minimal government intervention in the market. It has an open business environment, relatively corruption-free and transparent, stable prices and one of the highest per capita gross domestic products (GDP) in the world. Airlines industry in Singapore Air travel is a large and growing industry. It facilitates economic growth, world trade, international investment and tourism and is therefore central to the globalization taking place in many other industries. In Singapore economic environment, the Singapore airlines industry had total revenue of $5.8 billion in 2009, representing a compound annual growth rate (CAGR) of 1.7% for the period spanning 2005-2009. Industry volumes increased with a CAGR of 4.1% between 2005 and 2009, to reach a total of 18.1 million passengers in 2009. The performance of the industry is forecast to accelerate, with an anticipated CAGR of 11% for the five year period 2009-2014, which is expected to drive the industry to a value of $9.8 billion by the end of 2014 (Airlines Industry Profile: Singapore, 2010). Porters Diamond Model of Competitive Advantage The diamond model is an economical model developed by Michael Porter in his book The Competitive Advantage of Nations (Porter, 1990), where he published his theory of why particular industries become competitive in particular locations. Porters diamond model suggests that there are inherent reasons why some nations, and industries within nations, are more competitive than others on a global scale. The argument is that the national home base of an organization provides organizations with specific factors, which will potentially create competitive advantages on a global scale. The analysis is classified into six broad factors incorporated into the Porter diamond, which has become a key tool for the analysis of competitiveness: Factor endowments a nations position in factors of production such as skilled labor or the infrastructure necessary to compete in given industry. Demand conditions the nature of home demand for the industrys product or service. Related and supporting industries the presence or absence of supplier industries and related industries that are internationally competitive. Firm strategy, structure and rivalry the conditions governing how companies are created, organized, and managed and the nature of domestic rivalry. Chance events are occurrences that are outside of control of a firm. They are important because they create discontinuities in which some gain competitive positions and some lose. Government can influence each of the above four determinants of competitiveness. Clearly government can influence the supply conditions of key production factors, demand conditions in the home market, and competition between firms. Government interventions can occur at local, regional, national or supranational level. Figure 1: Porters Diamond Model www.google.com_000.jpg Source: The Competitive Advantage of Nations By using Porters diamond, business leaders may analyze the competitive factors which may reside in their home country company, and what factors may be used to achieve global competitive advantage. Business leaders can also use the Porters diamond model during a phase of internationalization, the leaders can use the model to analyze whether the factors in the domestic market to support the internationalization process, and whether in the country eligible to create a global scale competitive advantage. Analysis of Airline Industry in Singapore Factor endowments The factor endowments of airlines industry include human resources, capital, equipment and facilities, air space resources, etc. In human resources, due to the characteristics of technology-intensive in airlines industry, the organization requires a lot of professional and technical personnel. Meanwhile, the aviation industry also needs administrative, financial investment and sales staffs. The multi-cultural Singaporean workforce is highly educated, highly motivated and highly productive. It is also proficient in English the language of international business. Singapore has a large base of engineering talent, with the number of engineers in universities and polytechnics expanding steadily each year, in addition to the sizeable pool of skilled technicians. In addition, Singapore government through the open immigration policy enhances Singapores talent pool. This gives companies the opportunity to source for the best personnel from anywhere in the world (http://www.edb.gov.sg/edb/sg/en_uk/index/why_singapore/knowledge.html). For these reasons, the Singapore airlines industries have good manpower. In capital, airlines industry needs a large finance support, the aircrafts and airport cost millions of money. In Singapore, the worlds major banks have opened branches or offices. Therefore, the Singapore airline industries do not have problem in capital. For example, Commerzbank Singapore branch has 30 years experience in financing aircraft to arrange and manage the entire deal, and a complete suite of financing products (https://www.commerzbank.com.sg/en/financing/aircraft/aircraft_financing.htm). Although the Singapores skies are limited, however the airline industry not far from reaching saturation point. According to Lee Kuan Yew (former Prime Minister of Singapore), due to the aid of advanced navigation technology, Singapore can shorten the distance of the aircraft flight and to increase flights density, therefore Singapore in terms of the open skies, still have a lot of space. Demand conditions Airlines generally have a large number of buyers. Many of these are individual consumers purchasing flights directly from the airline, although there are business to business sales to charter companies, discounters, and similar buyers. With the increasing living standard, the customers are demand on convenient, comfortable and fast transportation. Travel by air is one of the best choices for Singapore customers. Firstly, Singapore has a strong international trade link, there are thousands of businessmen which from different countries doing business in Singapore. The businessmen through the air travel to make sure they can reach the right place on time. Secondly, Singapore is one of the most popular tourist cities in Asia. There are 10.8 million tourists visit Singapore in 2008. Furthermore, due to the population growth, Singapore has a great potential demand for air travel. Table 1: Singapore Population Statistics Year 2007 Total Population (000) 4588.6 Singapore Residents (000) 3583.1 Birth Rate (Per 1000 Population) 10.3 Death Rate (Per 1000 Population) 4.5 Infant Mortality Rate (Per 1000 Live Births) 2.1 (Source : www.singstat.gov.sg) (Source: Airlines Industry Profile: Singapore, 2010) According to the tables, it obviously shows that the passengers of Singapore airlines industry have increasing by year. Related and supporting industries The related and supporting industries including airports, air traffic control, navigation information, aviation fuel, air material and other support services, and aircraft manufacturing and maintenance of related industries. From the supply-side perspective, the airport provide the basic conditions for airlines industry, it contains safety and quality service. Changi Airport is the main airport in Singapore which humble beginnings in 1981. Changi Airport also is a major aviation hub in Southeast Asia. Currently managed by Changi Airport Group, Changi Airport was corporatized on 1 July 2009 to bring Changi to the next level and deliver an even better Changi Experience. (http://www.changiairport.com/our-business/about-changi-airport) Serving more than 90 international airlines flying to some 200 cities in 60 countries, Changi Airport handles about 5,000 arrivals and departures every week and over 37 million passengers a year. With over 40,000 square meters of commercial space, Changi Airport is also one of Singapores largest shopping locations. As the air traffic controller, Civil Aviation Authority of Singapore (CAAS) promotes a strong safety culture and embeds a robust safety framework, with a modern and progressive regulatory regime based on international best practices. Aircraft manufacturing and maintenance are the most important supporting industries for airlines industry. For Singapore airline industries, Boeing Company and Airbus is the main supplier for aircraft. Fortunately, Singapore also has its local brand. SIA Engineering Company is leading aircraft maintenance, repair and overhaul (MRO) company providing total maintenance solutions to an expanding client base of international airlines (http://www.siaec.com.sg/). Firm strategy, structure, and rivalry Local conditions affect firm strategy. For example, German companies tend to be hierarchical. Italian companies tend to be smaller and are run more like extended families. Such strategy and structure helps to determine in which types of industries a nations firms will excel. Singapore is a hierarchical paternalistic authoritarian illiberal state. Cause of Confucianism is strong; Singapore society is based on a hierarchical order of things. Rivalry in the Singapore airline industry is strong. Local rivalry forces firms to move beyond basic advantages that the home country may enjoy, such as low factor costs. The competitive landscape has several large companies, such as Singapore Airlines, alongside smaller competitors. Rivalry is increased by the presence of low-cost carriers in the market, as these companies can compete more intensely on price. Switching costs for buyers are low, which means that it is easy for them to change to a competitor. Cause of the globalization, there are many international competitors join in the Singapore market, such as China, Japan and India, etc. Chance The demand for air travel to the Asia Pacific is rising which is driven by increased economic activity in emerging Asian countries such as China and India. Traffic is projected to grow at 7% in China and India combined, above the world average of 5% in the fiscal year ended December 2007. Further, the share of Asia Pacific region in world passenger traffic is forecast to rise from 25% in 2003 to 31% in 2023. According to the update of the United Nations World Tourism Organization, the global tourism will rebound strongly in 2010. With the anticipated growth, business and consumer confidence has picked up. This growth in world tourism industry will enhance airline business. Singapore airlines industry can capitalize on this increase in world travel and tourism to enhance its business and generate additional revenues. Government Government is the important variable of affecting the competitiveness of the airline industry. In the past, the airline industry was at least partly government owned. The airline industry has been strongly controlled by agreements and policies. Airlines couldnt just fly to any destination or country without appropriate authorization. The deregulation of the Airline industry opens doors for more entrants to the market and increased competition. Singapore Airlines is still owned by the Singapore government and is still affected by such controls. Therefore, the government has great impact on the airline industry. In Singapore, the government is supporting the airline industry. The Singapore government has signed an agreement with the United States called Open Skies that gives both countries unrestricted flight access to each other countries. The open skies phenomenon is gathering momentum and more and more countries are signing up. Recently, the Civil Aviation Authority of Singapore (CA AS) will be setting up an S$100-million Aviation Development Fund to further develop the local aviation industry. Conclusion Airline industry in Singapore has growing fast. Its due to have a good economic environment and stable politics. According to the analysis of Porters Diamond Model of Competitive Advantage, it obviously shows what competitive advantages of the Singapore airline industry have. Firstly, Singapore airline industries have the good human resources, finance support and other factor endowments. Secondly, the strong demand of market and the related and supporting industries. Additionally, the good opportunities and the government support. My recommendation for Singapore airline industry: Keep strong emphasis on the brand name and quality of service. Stay with the competitive advantage what the industries have, using the differentiation strategy. Maintain the innovation and complimentary products.

Growth And Evolution Of Steel Industry India Economics Essay

Growth And Evolution Of Steel Industry India Economics Essay Indians were familiar with iron and steel during the Vedic age more than 4,000 years ago. It is evident from the Iron Pillar at the outskirts of Delhi. But the seeds of modern steel industry were sown by Sir Jamshedji Tata in 1907 when Tata Iron Steel Company Ltd. (TISCO) was set up. The first steel ingots were rolled in TISCO in 1911. This was followed by the establishment of the Mysore Iron and Steel Works in 1936, later renamed as Visvesvaraya Iron Steel Works. Three years later in 1939, production of steel started in another private steel company, the Indian Iron Steel Company, now a subsidiary of the Steel Authority of India Limited (SAIL). In India, a major part of steel is consumed in engineering applications, followed by automobiles and construction. The growth of steel, as is well known, is dependent upon the growth of the economy, industrial production and infrastructure sectors. Over the last few years the performance of the Indian steel industry has been adversely affected due to overcapacity, cheap imports, economic slowdown, declining global steel prices and also anti dumping duty imposed by USA on Indian exports. In the era of planned economy, iron and steel, a core and basic sector, received the full attention of the Government. It became a key sector for public investment for the first Five Year Plan itself. The year 1953 saw the first agreement being signed with the Germans to establish a 1 million tone plant at Rourkela in Orissa. Two more agreements for setting up steel plants, at Bhilai with the erstwhile USSRs assistance and another at Durgapur with the help of U.K. was signed in 1956. Successive capacity augmentations at Bhili, Durgapur and Rourkela saw their capacity increase to 2.5, 1.6 and 1.8 million tons per annum respectively by the end of the 60s. A new plant at Bokaro with a capacity of 2.5 million tones per annum went into production in 1973-74. The year 1978 witnessed a major restructuring of these steel-making public sector units giving birth to the public sector giant, SAIL, having a Navaratna status today, with an aggregate capacity of over 10 million tones. The first shore-based public sector integrated steel plant, viz. The Rashtriya Ispat Nigam Limited of 3 million tones per annum capacity went into production in August, 1992. During the first two decades of planned economic development, i.e. 1950-60 and 1960-70, the average annual growth rate of steel production exceeded 8 per cent. During 1970-80, this growth rate in steel production came down to 5.7 per cent per annum and gathered up marginally to 6.4 per cent per annum during 1980-90. Until the 1990s the iron and steel sector was by and large the exclusive preserve of only the public sector, the sole exception being TISCO. The new economic policy announced in 1991 was no doubt a significant milestone in the evolution of the Indian economy. The process of the economic reforms ushered in substantial liberalization of the policies and institutions governing trade, industry and finance. With this the complexion of Indian iron and steel industry has undergone a sea change. Iron and steel industry became one of the foremost sectors to be opened under the New Economic Policy. Substantial private investments flowed in with the consequent changes heralding a new beginning for the interplay of free market enterprise in this vital sector. Changes A glance at the pre-and post-1991 era reveals some interesting and significant structural changes. At the consumer or demand end, the market for steel has been transformed from a seller to a buyer market. Control and regulation have been replaced by competition. Administered prices have been replaced by supply-and demand-determined market prices. In the post-liberalization era, the structure of the steel industry is significantly and vastly different with the advent of major steel producers in the private sector which have come up with the world class technologies and capacities. There has been a clear shift towards the selection of the product mix. During the pre-1991 era, the private sector was mainly confined to the production of long products. The only producer of hot-rolled flat products was SAIL in the public sector. Now there are 5 additional major producers of flat products of steel in the private sector. There has been a clear focus on the state-of-the art technology. Presently, India can boast of new technologies like Corex, Thin Slab Casting and Compact Strip Mill Technology, DC Electric Arc Furnaces, Twin Shells AC EAFs etc. in the steel industry. The industry has now to focus on customer satisfaction and outstanding quality of steel products in a competitive environment. Steel producers in the public and private sector have taken upon themselves with determination and commitment to overcome the new and arduous challenges to come up to the Governments expectations as also the people of our country in the most difficult and trying period for the last couple of years. Indias Competitive Position India is a very competitive country with regards to steel production. India is next only to Brazil if I have to compare the competitiveness of the steel industry. The first and foremost is the availability of iron ore, the next being the adaptability to technology and last but not the least, the labour costs are very competitive as compared to the rest of the world. India is more competitive than countries like US, Europe, Posco of South Korea and Japan and even China. China does not have iron ore resources. China imports almost all of its iron ore requirements. Indias competitiveness in steel is a good one. But the competitiveness gets eroded a little due to various high infrastructure costs like freight rates in rail as well as through road are very high. Port charges are uncompetitive. The time it takes for loading and unloading of the ships is uncompetitive. For a comparison, export of steel in bulk to London works out to be more cost effective the sending steel to Mumbai from Kolkata. Impact The response of the private sector in particular has been quite encouraging in the post-liberalization era. Many all-India financial institutions also came forward to support these initiatives and had sanctioned financial assistance to 19 steel projects involving an investment of about Rs. 30,000 crore covering an additional capacity of 13 million tones per annum during the post -liberalization era. Today, India is the tenth largest steel producer in the world. Government Initiatives The Government has been making all-out efforts to help the domestic steel industry to overcome the problems faced by them. To boost the demand and consumption of steel, an Institution for Steel Development Growth (INSDAG) was set up involving leading steel producers in the country. The Development Commissioner for Iron Steel had launched a National Campaign for increasing the demand for steel in non-traditional sectors, particularly in the construction, rural and agro-based industrial sectors. Other areas include reduction in power and railway tariffs, reduction in input costs, strengthening of antidumping mechanism, setting up a steel exporters forum and an empowered committee for research and development. Current Scenario for Steel Industry Global steel demand is rising on the back of accelerated infrastructure activity in China, CIS and India, housing boom in USA, and white goods resurgence in Europe. During the recent recessionary phase, the industry has consolidated in terms of ownership as well as mothballing of inefficient capacities. Steel prices continue firming up. For the first time in last 20 years, there is demand growth all over the world for steel. In US, the demand is led by the booming housing industry. Additionally the auto industry is showing signs of recovery as auto sales hit their strongest levels for the year in July even as US posted a 2.4% GDP growth. In Europe, there is demand from a buoyant housing and white goods industry according to industry sources. In India, China and other Asian countries the demand is led by emphatic investment activities in infrastructure. Russia and other CIS nations are also witnessing strong internal demand. Iraq reconstruction work is expected to fuel further demand for steel over the next three years. China is consuming steel like never before for its infrastructure with investments such as Three Gorges project on Yangtze as well as part of its build up to the Beijing Olympics in 2008 and the Shanghai Expo in 2010. 2) PRODUCT PROFILE ESSAR STEEL LIMITED (ESL) Hot Briquetted Iron (HBI) Essar steel took various technical initiatives to increase the production and reduce the cost. The capacity utilization improved after the company made various modifications. The HBI plant produced 1,65,052 tons in March 2000. With this the annual production capacity of the plant is close to 2mn tons. Hot Rolled Coils (HRC) ESL is one of the largest exporters of hot rolled coils. It increased its exports by 32% from 161,000 tons to 213,000 tons in the last quarter The company has increased its hot rolled coil capacity from 2mn tons to 2.4mn tons. Essar steel expanded capacity to take advantage of the increasing demand in the domestic as well as the international markets. During the year Essar Steel shifted from base grade steel to high value grades to get better realizations. Essar steel has developed new products for segments like the automobile sector. ISPAT INDUSTRIES LIMITED (IIL) Direct Reduced Iron (DRI) The DRI plant operated at 90% capacity utilization and produced 1.07mt of sponge iron, with 95% metallisation quality.. The decline in realizations was due to the oversupply scenario caused by the fall in production levels of all induction and arc furnace units. Cold rolling mill and Coating plant The company produced 0.26mt of cold rolled coils/sheets in the last fiscal. During the year the company sold 1.22mt of DRI which was higher by 12% as compared to the previous years sales volume of 1.08mt. The full integration of the steel plant will enable the company to produce value-added products and help them change their product mix. INDAL IRON AND STEEL CORPORATION LIMITED (JISCO) Hot rolled products JISCOs hot rolling facilities are located at Vasind near Mumbai. The plant has an installed capacity to produce 2,80,000 tonnes of HR plates/coils. The company during the year produced 1,61,253 tons of hot rolled plates as compared to 1,97,178 in the previous year, showing a drop of 18.22% yoy. The dip was due to the low demand for HR plates as demand from heavy automobile, construction etc. sectors was low. Cold rolling and galvanizing JISCO has an installed capacity to produce 400,000tpa of cold rolled strips/sheets at Vasind (150,000tpa) and Tarapur (250,000tpa). It also has 550,000 tpa capacity of galvanised coils/ sheets at Vasind (175,000 tpa) and Tarapur (225,000 tpa) and has commissioned a 1,50,000 tpa capacity quality line CSD III. STEEL AUTHORITY OF INDIA LIMITED (SAIL) Product Mix SAIL produces nearly the entire range of steel products. The production strategy was altered in line with shifting demand patterns of the market. The production of crude steel through con-cast route increased by 17% yoy with proportion of BOF- CC production going up from 43% in FY02 to 50% in FY 2003. Modernization SAIL incurred a cost of Rs55bn between FY88 and FY92, on modernization. The second phase of modernization has envisaged Rs130bn investment during FY93 to FY97. The modernization has resulted in significant improvement in energy consumption, coke rate, yield etc Steel Products Semi-finished products (also called semis) are intermediate products, cast from liquid steel prior to further rolling into finished products. Finished steel products, available in a vast range, can be broadly categorized as longs and flats. Long products include bars, wire rods, angles, structural, channels. 3) DEMAND DETERMINATION OF THE STEEL INDUSTRY The global demand for steel is at an all time high nowadays. Much of the tremendous demand for steel around the world may be attributed to the numerous construction projects that are going on around the world. Much of these projects are taking place in the economically developing countries of the world like India, China and Thailand. China is the place where a lot of construction is being done nowadays and much of the construction is for the purpose of the Olympics to be held in 2008 and the Shanghai World Exposition of 2010. Along with being one of the major users of steel, China is one of the major producers of steel as well. During March, 2007 China produced a record 40.16 million tonnes of steel. The demand for steel has gone up in the United States of America as well.   This may be ascertained from the fact that in 2007 the amount of steel used was 2.2% more than what it was in 2006. Thus it may be ascertained that the supply and the demand for steel is at their respective peaks. This bodes well for the Indian steel industry as India has plenty of steel to meet up with both the domestic as well as international demand.  India has a lot of iron ores. This implies that India has a ready base for producing sufficient amount of steel and the experts are also of the opinion that the Indian steel industry would continue to grow in the coming years. In the recent times the production of steel has gone up in the country from 17 million tons in 1990 to 36 million tons in 2003.  The Indian steel industry is trying to reach the 66 million tones mark in 2011. The high levels of production would allow the Indian steel industry to establish a stronghold on a number of areas like housing, construction, and ground transportation. The special steel produced by the Indian steel industry is supposed to be used in high end engineering industries like generation of power, fertilizers and petrochemicals.   The fact that India is not a voracious consumer of steel like some of the major economies like China and the United States of America means that India would be able to use the surplus steel it produces for exporting to other countries. So that their demands are met. This would help the Indian steel industry to be regarded as one of the most prominent steel industries if not the leading one. 4) PLAYERS IN THE STEEL INDUSTRY The performance of steel industry in India has been quite satisfactory over the past decade. Company Share % (2009) Tata steel 35.7% Steel authority of india limited 23.8% Jsw 9.7% Other 30.7% Total 100% The steel industry in the whole of Asia is aided by cutting-edge technology and because of this, the companies in the industry has made great advancements in all their operational areas.The development of steel industry in India is mainly due to the substantial increase in the demand for steel products of India in the global market. The top companies in this industry mainly operate in four different forms like manufacturers of semi-finished steel, producers of finished steel products, manufacturers of stainless steel and producers of pig irons. The list of top companies in the steel sector in India is given below: Top 10 steel companies in India: à ¢Ã¢â€š ¬Ã‚ ¢ Rashtriya Ispat Nigam Limited à ¢Ã¢â€š ¬Ã‚ ¢ Steel Authority of India à ¢Ã¢â€š ¬Ã‚ ¢ Tata Steel à ¢Ã¢â€š ¬Ã‚ ¢ Visveswarayya Steels à ¢Ã¢â€š ¬Ã‚ ¢ Bokaro Steel Plant à ¢Ã¢â€š ¬Ã‚ ¢ Bhilai Steels à ¢Ã¢â€š ¬Ã‚ ¢ Essar Steels Limited à ¢Ã¢â€š ¬Ã‚ ¢ Jindal Steel Power à ¢Ã¢â€š ¬Ã‚ ¢ KVS Ispat à ¢Ã¢â€š ¬Ã‚ ¢ Jindal Steels Limited Some of the details regarding these top players in steel industry is given below: Rashtriya Ispat Nigam Limited: The foundation stone for Rashtriya Ispat Nigam Limited was laid in the year 1971 and this organization is the corporate body of Visakhapatnam Steel Plant. They have three different mines under their control being the blast furnace grade limestone mine, manganese mine and dolomite mine. They are specialized in the production of the following products: à ¢Ã¢â€š ¬Ã‚ ¢ Rounds à ¢Ã¢â€š ¬Ã‚ ¢ Beams à ¢Ã¢â€š ¬Ã‚ ¢ Wire rods à ¢Ã¢â€š ¬Ã‚ ¢ Squares à ¢Ã¢â€š ¬Ã‚ ¢ Billets à ¢Ã¢â€š ¬Ã‚ ¢ Channels à ¢Ã¢â€š ¬Ã‚ ¢ Blooms Steel Authority of India: Steel Authority of India shortly called as SAIL is one of the top public sector steel-makers in India and they produce steel products both for export and for domestic consumption as well. SAIL holds the pride of being one among the four Maharatnas in the Central Public Sector Enterprises in India. They are the major manufacturers and sellers of the following steel products: à ¢Ã¢â€š ¬Ã‚ ¢ Alloy steel à ¢Ã¢â€š ¬Ã‚ ¢ Stainless steel à ¢Ã¢â€š ¬Ã‚ ¢ Rods and bars à ¢Ã¢â€š ¬Ã‚ ¢ Railway products à ¢Ã¢â€š ¬Ã‚ ¢ Structurals à ¢Ã¢â€š ¬Ã‚ ¢ Electrical sheets à ¢Ã¢â€š ¬Ã‚ ¢ Galvanized steel à ¢Ã¢â€š ¬Ã‚ ¢ Cold and hot coils and rolled sheets Tata Steel: Tata Steel is a part of the Indias popular Tata group and they are one among the global steel service and manufacturing companies in India. They have a balance presence in over 50 developed countries in the continent of Europe and they have manufacturing units in 26 different countries all over the world. Visveswarayya Steels: Visveswarayya Steels is actually a unit of the Steel Authority of India and they are dealing in the production of pig iron and alloy steels. The company began as a separate entity in the year 1923 and it has now come under the SAIL. Bokaro Steel Plant: Bokara Steel Plant began its journey as a limited company in the year 1964 and the company is situated in the Bokaro District of the state of Jharkhand. The plant holds the pride of being the countrys first Swadeshi Steel Plant. Even though, the company began its journey as a separate entity, it is now merged with the Steel Authority of India. Bhilai Steels: Bhilai Steels are one of the leading supplier, stockiest, exporter and importer of hast alloy, aluminum, inconel, monel, brass, copper, ally steel, carbon steel and stainless steel. They are also leaders in a wide range of pipefittings like compression type of popes with Ferrules, forges, screwed, SW and BW pipes. The steel products of this company are being used in different industries like cement, power, textile, pharmaceuticals, sugar mills, petrochemicals, fertilizers and chemicals. Essar Steels Limited: Essar Steels are one of the most versatile producers of steel-based products and tailor-made products and these products are the best known for their quality. Their 24-carat steel is a product that got worldwide acceptance. They have international centers in different countries like Indonesia, Vietnam, Canada and the USA. Some of the products manufactured by them are: à ¢Ã¢â€š ¬Ã‚ ¢ Cold Rolled Products à ¢Ã¢â€š ¬Ã‚ ¢ Hot Briquetted Sponge Iron à ¢Ã¢â€š ¬Ã‚ ¢ Hot rolled products à ¢Ã¢â€š ¬Ã‚ ¢ Galvanized products à ¢Ã¢â€š ¬Ã‚ ¢ Iron ore pallets Jindal Steel Power: Jindal Steel Power is a leading player in different industries like infrastructure, gas and oil, coal to liquid, mining, power and steel. They are continuously creating new opportunities by leveraging their core capabilities to venture into new business, diversifying investments and by increasing production capacity. KVS Ispat: KVS Ispat is a flagship of KVS group of companies and the company enjoys a legacy in the industry of steel for the past 22 years. This company is known for its excellence right from its inception and they are consistently making great contribution towards the development of the society. They are dealing with different types of steel products like: à ¢Ã¢â€š ¬Ã‚ ¢ Rounds Squares à ¢Ã¢â€š ¬Ã‚ ¢ Channels à ¢Ã¢â€š ¬Ã‚ ¢ Flats à ¢Ã¢â€š ¬Ã‚ ¢ Angels à ¢Ã¢â€š ¬Ã‚ ¢ Light Structural Steel à ¢Ã¢â€š ¬Ã‚ ¢ TMT Bars Jindal Steels Limited: Jindal Steels are also making a good contribution towards the development of India and they are ranked sixth among the top business houses with respect to their asset holding. They are one among the multi billionaire corporation in India. Their main aim is to become a world player in the industry of steel production and they are committed to maintain world-class quality in their production, to offer products at a competitive price and to do excellent after sales service to their customers. Thus, like any other industry steel industry in India is also offering wide range of employment opportunities to deserving candidates thereby acquiring the required talents for their organizations and by offering the right job to the right candidate. 5. DISTRIBUTION CHANNEL OF INDIAN STEEL INDUSTRY Distribution channel in India is now more smooth after 1991. Distribution maybe the best characterize through alarming consolidation. This consolidation is usually, predictable, also understandable as competitors in industry, which are in same business or substitute, additionally set their niches or produce bigger in a hunt for economies of scale. Distribution channel having their own alteration according to their convenience . for clearing the idea about it , the distribution channel of Indian steel industry are given as below (see  Figure 1). Traditionally, sales have playing an important role in each stage of the steel industry supply chain. sales people are remunerated through sales reward typically makes around 2 % of the product MRP . In the model shown in Figure 1, 16 % of the charge in the channel is associated to sales salaries as well as commissions. As the industry have moved from a home market to a global market, competition has greater than before they face, which help them to earn more profits. To protect profits, or for competing , the channel has upgrade their production technology . several clients begin to analyze sales calls through salespeople as an interruption in their day. A fine proportion of businesses entered in annual contracts with a companies, negotiated price as well as preset, scheduled material releases salary, or through salarwithcommission, although others draw directly . distributer channel.JPG 6. KEY ISSUES AND CURRENT TRENDS 1.New Steel Policy To Facilitate Rapid Growth Of Domestic Steel Sector, Says Government [Friday, Mar 23, 2012] A new steel policy will be aimed to ease the faster growth of the domestic steel sector by ensuring faster capacity addition, as realized by the government. The Steel Ministry-constituted panel is scheduled to finalize the draft within two months and there are expectations that it will be prepared in another three-four months. The government conceived of taking countrys capacity to 145 MT by 2015-16. The new policy assumes importance as it is coming up against the backdrop of huge delays in the multi-billion dollar ventures including those of ArcelorMittal and POSCO which were delayed due to the hurdles of regulatory and land acquisition. ArcelorMittal, which has proposed projects worth Rs 1.3 lakh cr. in Jharkhand, Orissa and Chhattisgarh, is facing land acquisition problems. POSCO, which has proposed a project in Orissa worth Rs 54,000 cr., is also battling regulatory hurdles for several years. 2.Arcelormittal Eyeing Land In Jharkhand [Saturday, Feb 04, 2012] Arcelormittal, a steel company, is in the process of identifying land in the Bokaro district for recommended 12-million tonnes per annum Greenfield steel plant in Jharkhand. AP Singh, Jharkhand Industry Secretary, said, They are still in the process of searching land in two locations Chas and Kasmar in Bokaro district. Mr Singh, who has been here to take part at a trade fair organized by CII, said that the recommended project of the international steel company will be delayed although the environment department has proposed the environmental approval, since the nod from the forest department has not come yet. The steel firm needs 2,400 acres of land for the recommended project. 3.Ministry Of Steel-(2012-2013) To transform India into a global leader in the steel sector, both as a steel producer as well as a steel consuming nation and to enhance the industrys international competitiveness. Mission Promoting policies, initiatives and incentives for attaining a national steel production capacity approximately 100 million tons per annum by the year 2012-13.Streamlining the regulatory environment for enabling optimal steel production; particularly regarding mineral policy and the mine allocation regime, tariff and taxation measures, and land allocation and environmental and forest clearances .Promoting the development of infrastructure required for enhancing national steel production through coordinated efforts, particularly in sectors like Railways, Roads, Ports, Power and Water supply . Enhancing the domestic demand for steel through promotional efforts and by enlarging the retail network of steel Companies . Improving the techno-economic efficiency of operations of steel Ministrys PSUs. Objective 1. To facilitate creation of steel making capacity and growth in steel production during 2012-13. 2. To oversee the completion of the apex and modernization programs of the PSUs. 3. Ensuring adequate availability of raw material for steel industry from domestic and overseas sources, particularly iron ore and coal by PSUs under the Ministry of Steel. 4. Improving the performance of Iron Steel industry through R&D; intervention, Quality Control and Export Promotion. 5 .To facilitate and monitor mergers, acquisitions and joint ventures by the Steel Ministrys PSUs. 6. Finalization of New Policy Initiatives. 7 To update information and data base in respect of Re-rolling industry 7. PEST Analysis India is the 10th largest steel producer of the world. the huge Integrated producers like SAIL, Tisco and RINL have traditionally dominated steel production in India. Due to excessive Government controls as well as regulations, the Indian steel industry are broadly affected from the environmental aspect. A examine of the external macro-environment in which the companies operates can be articulated in terms of the following factors which detailed as below. Political Economic Social Technological Political Factor Government And Regulatory Interventions The role of the government is crucial, both as a supplier and as a customer, and also as the supra-environment for business, creating the rules for competition. It creates boundaries within which the steel industry must operate. In the case of the Indian steel industry, the government directly or indirectly controls the finance and many of the inputs both raw material and services. The government has opened the field for private power plants. This is, in the long run, expected to improve the power situation in the country, to the benefit of the steel industry. The government as a buyer is very important for the steel industry. The investment of government in infrastructure such as highways, rail, plants, power dams, ports etc are significant key movers for steel demand. In fact, government spending on infrastructure spurs the demand for long products, which is followed, with a time lag, by a demand for flat products. The demand for long products tapers off with a saturation of infrastructure development. This is expected to provide the necessary fillip to the stagnant steel demand. Government regulations also provide protection to indigenous industry, or take it away. The recent liberalization of the economy has had mixed results for the Indian steel industry. On the one hand, they are free to import machinery6 and select raw material without the earlier procedural delays and checkpoints. On the other hand, they have had to continuously fight the dumping of cheap steel from around the world. Environmental norms imposed by the government from time to time have a significant reflact, expected to be about 15% of project cost. Government regulations and concerns regarding discharges from steel plants could become one of the major forces driving development of new technologies. Economic Factor INDIAS steel exports registered impressive growth in 2002-03. Provisional figures suggest that exports stood at highest level, against last five years. The steel industry was finally showing signs of recovery. Major producers started to export to capitalize on rising international prices and to boost bottom lines that had rusted in 1998-99. However, yet again, the good times comes for steel players. Indian economy become the strongest than it is comparing since last many years, it is absolutely good time for Indian steel industry. The analysis shows that the Indian steel industry suffer the low productivity of labour but high capital, energy and transportation cost. The steps needed to enhance competitiveness of the Indian steel industry contain investment towards technology up gradation. There is also a vast scope for quality up gradation. Quality monitoring, inspection and control measure have also to be introduced at all stages of operation as well as technical discipline. computerization in process routes, improved maintenance practices, optimum capacity utilization, extensive automation in all possible areas as well as pollution control measures need to be implemented. The Indian steel industry is at crossroad. It needs to step up values-addition to ensure that the wide fluctuations in HR prices are moderated with greater share of value-added products. Further, it has to modernize itself to bring down production costs. China makes strong impact in Indian economy. Various steel majors are planning to exports in millions of tonnes to china this year. So. Overall there is a good and grooming economy for Indian steel industry. Social Factor In Social point of view, the responsibility of various steel companies towards society and for the community is required to be analyzed. Safety Steel Industry is committed to the task of ensuring the safety and safeguarding the health of all its employees under various companies. In the company like Tata Steel, Importance will be given to continuous training for promoting safety consciousness among all employees. Joint committees of executives and employees representatives will supervise the Companys safety measures. Company is accountable for: Establishing safe and healthy work environment. Ensuring compliance with mandatory safety and health requirements. Proper maintenance and orderly house keeping, to control the risk of damage to plant and equipment. Insisting on safe work procedures being followed by employees, contractors and visitors. Quality Steel Industry shall continually tried hard to improve the quality of life of the communities industry serve with excellence in all facets of its activities. They are committed to create value for all their stakeholders by continually improving their systems and processes through innovation. The policy has reviewed to

John Donnes A Valediction of my Name, In the Window Essay -- Valedict

John Donne's A Valediction of my Name, In the Window      Ã‚  Ã‚   "My name engraved herein/Doth contribute its firmness to this glass" (1-2). It is a small but exquisitely considered act - a man carefully etches his name into a window, hoping to preserve his identity for future generations. Immediately, sensory details flow into my mind at the thought of such a momentous event. The precise scratch of the tool, the small flakes of glass that chip away, the beams of sunlight backlighting my own name in blinding pinpoints of sharp white light - all ignite a visceral feeling in the depths of my consciousness. By basing "A Valediction of my Name, In the Window" around the instinct for self-preservation, John Donne forces me to immediately sympathize with the struggle for remembrance. Just as my interpretation of the poem shifts outward from a simple physical act to a battle for posterity that has consumed humanity through all generations, Donne's description of this single-man struggle quickly moves from the physical to the met aphysical- he believes that he "contribute[s] his firmness" (2) to the glass by scrawling his name, hopes that his lover's eye will see a glimmer from her beloved's name more impressive and stunning than the myriad reflections of precious stones, and suggests that in the carving "you see me, and I am you" (12). Now once again I must force myself to take a leap of faith off the precipice of poetical interpretation, by accepting that one can find deeper meaning in the carefully scratched letters of a name in a window. Or, is it the instinct for preservation that Donne holds to be a pool of deeper meaning? After two stanzas, the author's well-formed conceit has already wrestled my mind into conf... ... life in the process. In only 66 lines, Donne uses his masterful command of the English language to create a superb poetical representation of his personal beliefs about love.    WORKS CITED    "Donne." Hertford College Alumni Association. 1 Jan. 1999. 9 Dec. 2001. http://www.hertford.ox.ac.uk/alumni/donne.htm    Donne, John. "A Valediction of my Name, In the Window." Poems of John Donne - Vol I. Ed. E.K. Chambers. London: Lawrence & Bullen, 1896. 25-28. The Luminarium. 4 Dec. 2001. http://www.luminarium.org/sevenlit/donne/valname.htm    "John Donne - Biography and Works." The Literature Network. 1 Jan. 2000. 9 Dec. 2001. http://www.online-literature.com/donne/    "The Life of John Donne (1572-1631)." The Luminarium. 22 Oct. 2001. 9 Dec. 2001. http://www.luminarium.org/sevenlit/donne/donnebio.htm

Freedom and Servitude in Shakespeares The Tempest Essay -- The Tempes

Freedom and Servitude in Shakespeare's The Tempest What is slavery? Is it an institution? A mental state? A physical state? Is it human nature? Or is, â€Å"†¦slavery is†¦an inherent, natural and eternal inheritance of a large portion of the human race† (Ruskin 307). Whether or not any one of these options is true, the fact remains that each says something about humanity. Therefore, when a play like The Tempest comes along, centering on the themes of freedom and servitude, one must look for the commentary that is thereby produced, keeping in mind that Shakespeare rarely lacked commentary. Of course, in Shakespeare’s way, there are several characters introduced within this theme. Hence, I pose the question: Who is the slave? Granted, all may embody different aspects of slavery, making â€Å"each character† the answer; but individually, each character still gives its own consideration to the topic. Following are the different possibilities of characters posing as the slave, leading to a discu ssion of freedom and servitude that is implied as a result. I will be relating the climate of slavery depicted in the play with other cultures, purely to give a frame of reference based on the general knowledge we have, given society’s history of slavery. ARIEL (since the character is gender non-specific, I will refer to him/her as â€Å"it† or â€Å"the spirit†) One of the spirits that Prospero has control over, Ariel, would be an assumed representative of servitude. The spirit’s role throughout the play is centered on the obeying of the orders that Prospero puts forth to be carried out. Ariel does have an apparent loyalty and respect for Prospero, though, which makes it easy for him to manipulate the spirit. He was, of course, the... ...n.htm. Gervinus, G.G. "The Tempest." The Shakespeare Criticism Volume 8. Gale Research Inc., Detroit. 1989: 304-307. Greenblatt, Stephen. Introduction to the Tempest. The Norton Shakespeare. New York: W.W. Norton and Co. 1997: 3047-3053 James, D.G. (Excerpt from a series of lectures delivered in 1965 at University College, London.) The Shakespeare Criticism Volume 8. Gale Research Inc., Detroit. 1989: 429-434. Knight, G. Wilson. "The Crown of Life." The Shakespeare Criticism Volume 8. Gale Research Inc. Detroit. 1989: 364. Ruskin, John. The Shakespeare Criticism Volume 8. Gale Research Inc., Detroit. 1989: 307. Shakespeare, William. "The Tempest." The Norton Shakespeare. Ed. Stephen Greenblatt. New York: W.W. Norton and Co., 1997: 3055-3106. Takaki, Ronald. A Different Mirror. Little Brown and Company, Boston. 1993: 191. Freedom and Servitude in Shakespeare's The Tempest Essay -- The Tempes Freedom and Servitude in Shakespeare's The Tempest What is slavery? Is it an institution? A mental state? A physical state? Is it human nature? Or is, â€Å"†¦slavery is†¦an inherent, natural and eternal inheritance of a large portion of the human race† (Ruskin 307). Whether or not any one of these options is true, the fact remains that each says something about humanity. Therefore, when a play like The Tempest comes along, centering on the themes of freedom and servitude, one must look for the commentary that is thereby produced, keeping in mind that Shakespeare rarely lacked commentary. Of course, in Shakespeare’s way, there are several characters introduced within this theme. Hence, I pose the question: Who is the slave? Granted, all may embody different aspects of slavery, making â€Å"each character† the answer; but individually, each character still gives its own consideration to the topic. Following are the different possibilities of characters posing as the slave, leading to a discu ssion of freedom and servitude that is implied as a result. I will be relating the climate of slavery depicted in the play with other cultures, purely to give a frame of reference based on the general knowledge we have, given society’s history of slavery. ARIEL (since the character is gender non-specific, I will refer to him/her as â€Å"it† or â€Å"the spirit†) One of the spirits that Prospero has control over, Ariel, would be an assumed representative of servitude. The spirit’s role throughout the play is centered on the obeying of the orders that Prospero puts forth to be carried out. Ariel does have an apparent loyalty and respect for Prospero, though, which makes it easy for him to manipulate the spirit. He was, of course, the... ...n.htm. Gervinus, G.G. "The Tempest." The Shakespeare Criticism Volume 8. Gale Research Inc., Detroit. 1989: 304-307. Greenblatt, Stephen. Introduction to the Tempest. The Norton Shakespeare. New York: W.W. Norton and Co. 1997: 3047-3053 James, D.G. (Excerpt from a series of lectures delivered in 1965 at University College, London.) The Shakespeare Criticism Volume 8. Gale Research Inc., Detroit. 1989: 429-434. Knight, G. Wilson. "The Crown of Life." The Shakespeare Criticism Volume 8. Gale Research Inc. Detroit. 1989: 364. Ruskin, John. The Shakespeare Criticism Volume 8. Gale Research Inc., Detroit. 1989: 307. Shakespeare, William. "The Tempest." The Norton Shakespeare. Ed. Stephen Greenblatt. New York: W.W. Norton and Co., 1997: 3055-3106. Takaki, Ronald. A Different Mirror. Little Brown and Company, Boston. 1993: 191.