My Personal Mission For A Masters Of Science Degree

In my personal mission to receive a Master’s of Science degree in Human Resources Administration, I want to be a strong leader at my organization. I would like to remain in the healthcare industry, as it is constantly changing and evolving. This career path suits my interests because I enjoy challenges, influencing change in organizations and developing employees. I have gained experience and knowledge that I want to continue to share with others to help in developing themselves personally and professionally to reach their goals while meeting the bottom-line of the organization. To effectively manage the workforce of today and the future, leaders will need to build and maintain trust within their teams. In addition, my mission includes a dedication to networking and learning. This will enable me to build relationships and sharpen my skill sets. I chose this career path because I feel a career and skill set in leadership are often most challenging however, very rewarding. Moreover, leadership is a skill that is transferrable to other organizations. Vision The vision I have for myself entails being a leader who has a respectable reputation throughout the organization. Each member of my team will trust my decisions and feel comfortable contributing their thoughts and opinions. The work environment will be a place where people listen to one another and refrain from passing judgment. This will assist me in my future if I have aspirations to become an executive withinShow MoreRelatedApplication Essay For Master s Program901 Words   |  4 PagesTopic: Application essay for master’s program in Public health. A master’s degree in Public health is an educational core which allows an individual to expertise and use the art and science of preventing diseases, prolonging lives as well as promoting society health. This is mainly done through organized efforts and informed society choices, communities, organizations and individuals. I am currently interested in pursuing a master’s degree in this course because am so much concerned with health threatsRead MoreI Am On A Mission Trip From The Summer Between My Sophomore And Junior Years. High School1348 Words   |  6 Pagessummer between my sophomore and junior years in high school, I went on a mission trip to Haiti. It was a year after the earthquake, and everything was still completely destroyed. I couldn t have imagined what I saw; the extreme poverty and disparity was beyond words. And when I got back home, I couldn t imagine a life in which I forgot what I had just seen or lived no differently than before. That trip ignited a passion for fighting poverty, disparity, hunger and disease. It opened my eyes and refocusedRead MorePersonal Statement Of Purpose From My Early Childhood1263 Words   |  6 PagesSTATEMENT OF PURPOSE From my early childhood till today, my most remarkable characteristics have been my curiosity to learn new topics. 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For two decades, my mother sacrificed her oral health; overtime the lack of care took its toll and left her with diminished oralhealth. As a result my mother’s se lf-esteem suffered, greatly altering her personality. Watching my mother suffer due to a lack of proper oralRead MoreMy Career As A Career709 Words   |  3 Pageswhere I see myself in the next few years, I can’t help but look back and think about the progress I’ve already made. The changes I made in my life from the kid that came out of school unsure of what he wanted, then becoming a Psychology major in college, then changing my major to Fire Science to pursue a career as a fire fighter, later finding out that the market in my area was flooded with too many professional fire fighters. 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Admission is considered from any interested student, but priority is given to registered parishioners of local or nearby parishes (Saint Patrick’s, 2016). The Saint mission is to offer children and their family members an exceptional Catholic education built upon character formationRead MoreBackground. Culture Refers To The Shared Values And Beliefs1379 Words   |  6 Pagesthe shared values and be liefs that bind organizations together. The role of institutional culture should not be understated. There are four broad principles of culture: (1) it creates and maintains a unique identity; (2) it promotes loyalty and personal investment to the organization, such as a college; (3) it promotes cohesiveness to the group; and (4) it manages and influences individual and group action (Gage, 1978; Goodlad, 1984; and Kuh Whitt, 1988). There is not singular or concise definition

The Spill Of The Oil Spill - 876 Words

On April 20th, 2010, an enormous explosion took place on the Deepwater Horizon Rig located fifty miles off the coast of Louisiana. This explosion triggered a chain of events that resulted in the death of eleven workers and more than 184 million gallons of crude oil being spilled into the ocean water (â€Å"100 Days,† n.d.). This oil contaminated the habitats of hundreds of species to a nearly unrecoverable extent. If any members of the native wildlife were not killed, they would be found completely coated in oil and in desperate need of care to save their lives. This incident is known as the BP oil spill, and its effects on the environment can still be seen in today’s oceans, for multiple regions are still not cleansed of the substance. Since 2010, many incidents have occurred that are similar to the BP oil spill. Water pollution has contributed to the contamination of the world’s supply of useable water. This pollution can come in many different forms. So me of these forms include intentional or unintentional contamination by industries, and industrial accidents like the BP oil spill. Events like these are common, and they infect the water that individuals utilize on a daily basis. Because these events harm the environment, furious individuals are demanding to know who is responsible for treating tainted water. As one researches more on this topic, he will soon discover many arguments as to who is responsible for treating contaminated water. ManyShow MoreRelatedoil spill4253 Words   |  18 Pagesï » ¿ Oil Spill Group 3 Vera Lois A. Decano Kriceal Viz B. Saldon Mia Tagle Sam John F. Luison Kathe Unabia Chayya Margaret P. Golez Dominic M. Concillo Oil Spill Introduction In the recent years there have been occurrences of oil spills in several locations within our country. Knowing that these have adverse effects on our environment and the ecosystem as a whole, we’ve always been in search of ways to counter this major problem. The damages we receive from an oil spillRead MoreThe Spill Of The Gulf Oil Spill1020 Words   |  5 PagesThe Gulf oil spill has been considered as the worst oil spill in the history of Unites States. One of the world’s largest energy companies, British Petroleum had been held responsible for the deep-water horizon explosion, which killed 11 people in April 2010. As a result of the explosion, oil has leaked into the ocean killing the aquatic life. The impact of the explosion was so great that it was impossible for human diver to reach the ocean floor. Hence, remote control robots were used for this purposeRead MoreThe Spill Of The Bp Oil Spill1464 Words   |  6 PagesThe BP oil spill was one of the worst oil spi lls to ever happen in the US. There are many factors that caused this horrible spill to happen; to be exact there were eight failures of the oilrig that caused this disaster. The first failure was the cement at the bottom of the borehole was not sealed properly. 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The explosion also sank the Deepwater Horizon drilling rig triggering a massive oil spill that would last for 87 days and leak 4.9 billion barrels of oil into the Gulf of Mexico. After the explosion, BP and the federal government enlisted the best minds in the country and worked tirelessly to come up withRead MoreThe Spill Caused By The British Petroleum Oil Spill1121 Words   |  5 Pages On April 20th, 2010 forty miles of the coast of Louisiana in the Gulf of Mexico, the largest oil spill in the United States occurred. The explosion on the British Petroleum oil rig killed eleven people and injured seventeen others resulting in eleven counts of manslaughter, two misdemeanors, and a felony against the corporate giant. Th e spill caused 200 million gallons of crude oil to be pumped into the waters, which lasted a total of eighty-seven days. Texas, Louisiana, Alabama, Florida, and MississippiRead MoreBp Oil Spill822 Words   |  4 PagesBP OIL SPILL Under the Deepwater Horizon, an offshore drilling ring of British Petroleum (BP) caused an oil spill in the Gulf of Mexico. The incident occurred on April 20th 2010, where equipment failed and caused the explosion sinking the ring, and causing the death of 11 workers and more than 17 workers injured. The British based energy company also faced other problems at the site of the oil spill. More than 40 million gallons (estimated data) of oil spewed into the Gulf of Mexico. Oil spillRead MoreBp Oil Spill1317 Words   |  6 PagesFive Lessons from the BP Oil Spill Its very easy to pile onto BP right now. The accident, which may be due more to negligence, is bad enough. The company lost 11 employees — after losing 15 in a high-profile explosion at a refinery 5 years ago. The damage to the Gulf, its species, and the people who depend on it is almost incalculable. But surprisingly, its even easier to criticize BPs behaviour since the explosion — the company has tried hard to downplay the scale of the tragedy and it hasRead MoreEssay On Oil Spills734 Words   |  3 Pages 7 years ago, one of the largest oil spills in history occurred at the Deepwater Horizon oil rig. To this day, the damage is still being cleaned up, and will never be the same as it was before. The wellhead at the ocean floor is emptying oil contents at an incredibly high rate, causing the sea to be flooded with the harmful, unnatural substance. It is not until recently that scientists have found a way to help minimize the drastic consequences, yet they still didnâ €™t even have time to experiment theirRead MoreOil Spill1888 Words   |  8 PagesThe Role of Cash in a Business Crucial Lesson Taught to People in Taking First Aid Always check first if a victim is breathing, and if not, deal with that first. Statement of Cash Flow There have been instances where people have tended to bleeding wounds, only to find that the victim died from, say, a blocked air passage. Many things are essential to life, but in the short term, nothing is more important than breathing, in that an absence creates the most immediate life threatening crisis

Hbr †Cash Flow Stattement †Chemalite. Free Essays

Cash FLows – Part 1 – Exercises Classification of Cash Flows For each event listed below, select the appropriate category which describes the effect of the event on a statement of cash flows: a. Cash provided/used by operating activities. b. We will write a custom essay sample on Hbr – Cash Flow Stattement – Chemalite. or any similar topic only for you Order Now Cash provided/used by investing activities. c. Cash provided/used by financing activities. d. Not a cash flow. C/A 1. Payment on long-term debt (company pays INTEREST only) – think about this how this could be both – related to debt because financing and operating because it’s part of operations C 2. Issuance of bonds at a premium A3. Collection of accounts receivable D4. Cash dividends declared – it’s not a cash flow D 5. Issuance of shares to acquire land (â€Å"exchange† of shares for land) – no cash exchanges here B6. Sale of marketable securities (long-term) – A7. Payment of employees’ wages C8. Issuance of common shares for cash A/? 9. Payment of income taxes payable – could be disposition of property, etc. then this will fall under investing B10. Purchase of equipment B11. Purchase of common shares in another company B12. Sale of real estate held as a long-term investment Transactions Transaction| Journal Entry| Impact on earnings | Impact on cash flows| Cash flow classification| Adjustment? Issue 1,000 shares for $10,000| Dr. cash (BS) 10K Cr. Common shares 10K| No| INFLOW of 10k| Financing| No reconciliation required; item included in CFF| Purchase inventories for $2,000 on account (i. e. not for cash)| Dr. inventory (BS)CR. Accounts payable (BS)| No| No impact| Operating (no CASH FLOW)| Earnin gs $0CFO $0| Pay off $2,000 for inventories purchased above| Dr. AP (BS) 2kCr. Cash (BS) 2k| No| OUTFLOW of 2k| Operating| Earnings $0â€Å"Adjustment â€Å"Change in non-cash working capital $-2kCFO $-2k| Sell $1,000 worth of inventory for $4,000, on account (i. e. not for cash)| Dr. /r 4000Cr. Revenue 4000Dr. Cost of Goods Sold 1000Cr. Inventory 1000| Yes| no| Operating (no cash flow)| Earnings $3000AdjustmentChange in non-cash wc $-3000CFO $0| Collect $4,000 relating to sale above| Dr. cash 4kCr. Ar 4k| no| INFLOW of 4k| Operating | Earnings 0AdjustmentChange in non-cash wc 4kCFO 4k | Purchase truck (PPE) for $3,000 cash| Dr. PPE 3kCr. Cash 3K| No| Outflow of 3k| Investing| Included in CFI; no reconciliation needed| Record depreciation of truck for the period ($500)| Dr. Depreciation expense 500Cr. Acc. Dep. (BS) 500| Yes-500| no| Operating| Earnings -500AdjustmentDepreciation +500CFO 0| Introduction to Cash Flow construction The Controller of Schmidt Tooling Corporation has provided you with the following information: Schmidt Tooling Corporation| Income Statement| For the Year Ended December 31, 2010| | | | Net Sales| | 620,000 | Operating expenses| | 410,000 | | | 210,000 | Income from operations| | | Other revenues and expenses| | | Gain on sale of equipment| 30,000 | | Interest expense| 8,000 | 22,000 | Income before income taxes| | 232,000 | Income taxes| | 92,800 | Net income| | 139,200 | Schmidt Tooling Corporation| Comparative Account Information | Relating to Operations| For the Year Ended December 31, 2010| | | | | 2010| 2009| Accounts receivable| 56,000 | 40,000 | Prepaid insurance| 5,000 | 6,000 | Accounts payable| 59,000 | 47,000 | Interest payable| 600 | 1,500 | Income taxes payable| 4,200 | 6,000 | Unearned revenue| 20,000 | 14,000 | Instructions: Prepare a statement of cash flows (for the company’s operating activities only) for the year ended December 31, 2010 using the indirect format. How to cite Hbr – Cash Flow Stattement – Chemalite., Essay examples

MTV Arabia challenge free essay sample

Experts felt that one of the biggest challenges faced by MTV while launching MTV Arabia was the prevalent culture in the Arab world. Discuss the Arab culture. How is it expected to pose a challenge to MTV? First of all, it is impossible to talk about groups of people without generalizing. At this point it must be emphasized that there is not just â€Å"one† Arab culture or society. The Arab world is full of rich and diverse communities, groups and cultures. Each of the Arab countries has different perspectives. That’s why differences exist not only among coun- tries, but within countries as well. With 22 countries formed, the Arab region has in some parts the same religious, politics and ethical views and some are totally different Some people would say that it is known for reacting, and some think over reacting nega- tively to controversial content. For example, within the Arab’s there are three types of religions, Judaism, Islam and Christianity; so these make some things acceptable in some countries and in others not. Furthermore the Middle East offered a huge population of youth with a rich and diverse culture. And exactly these young people can be seen as the target group of MTV. But you also have to be aware in which parts of the Arabian world you are, because religion, for example, is one of the most important aspects on Arabs’ lifestyle, and has something to do in almost every decision Arabs’ take. Not only political leaders are very influenced by religion on their decisions and those are examples that society view as a model. One of the most crucial facts at MTV decision on entering the Middle East market, was the fact the 65% of the Arab population is younger than 25 years old. MTV as a big Music television channel has to think about these problems, which probably can exist: * Different language (instead of English) * No sexual content (remake some video clips which are too sexy) * Decent clothing (dancing girls with almost no cloth on would be â€Å"dangerous† and not respectful) * No alcohol (Party scenes wouldn’t be liked to see that much) * Anti-American MTV had the opportunity to get 190 million more customers in the Arab community. But, also they have to be aware that family is the center of all In the Arab world, that the father of the family has the first and last word. Also, among Arabs honor is one of the most important qualities and these were also some challenges for MTV. One of the biggest challenges for MTV was the controversial content that it is used to show on their normal channel and regarding this the main difference they had to adapt. The sexuality, use of alcohol, politic criticism and religion criticism are some of the main characteristics of MTV on other countries that are not as conservative as Arabs. With these characteristics MTV has achieved success through the Western hemisphere, be- cause the black humor they use is normal among the youngsters and instead of feeling sensible with these, they see it in a humorous way. But, in the Arab community they still conserve the traditional values supported by their culture. In an effort to adopt the strategy of â€Å"Think Globally, Act Locally† MTVN (Music Television Networks) executives made it a point to learn the cultures and make shows that relate to the cultures as op- pose to exporting the American culture. In order to achieve this goal the channel adopted a decentralized structure and gave commercial and creative autonomy to the local staff. Because of the potential audience this venture was considered to be one of the biggest launches in MTV1’s history. MTV hoped to provide a culturally unifying agent within a region that has been known for its political tensions. Also, this channel may cor- rect some misconceptions of the region and reduce tensions. The target audience for the channel would be the Middle East youth; providing them with access to music via mo- bile, broadband, and television. Some more challenges MTV expected to encounter included: like already mentioned the reputation of MTV airing sexually explicit programs and images in direct contrast of the socially conservative culture of the Middle East. Adjusting content to be suitable for each region may prove to be very challenging. For example, what is acceptable in Dubai may not be acceptable in other parts of Saudi Arabia. MTV also had to be careful not to lose the vision of their brand in its attempts to conform to localization. In addition, issues such as the US invasion of Iraq complicated relation among the Americans and Arabs. At this context it can also be mentioned that there are Anti-American sentiments prevailing among a large section of the population. And a last and very important point of view is the different business environment, which makes it very difficult for western companies to venture because it is highly regulated. So for a successful implementation of MTV 10/13/2013 Chapter 4, Application Exercises 1 and 2 2 Application Exercise #2 Arabia the managers have to think and consider among other things, such as language translation, and of course censored language and the possibility to have local TV shows as competitors. Question 2 Critically analyze MTV’s strategy in the Middle East. Comment on its entry strategy and also its strategy of providing mixed content to the market. Do you think MTV will be able to succeed in this market? Strategic planning. When MTVN launched MTV Arabia on November 17, 2007, in part- nership with Arabian Television, it was a result of a strategic planning. Before MTVN decided to enter the Arabic market, they did extensive market research in order to plan how they could enter the market and adjust to local taste and culture without diluting MTVs global brand. They did a profile of their counterparts so that they could better un- derstand what to expect, how they would have to prepare and how they should move on. An external analysis provided them with information on the competitive landscape and the different shifting macro factors they would have to take into considerations, and they got an understanding of the existing cultural differences between the American and Arabic culture. Choosing a local partner was a strategic mover in order to penetrate the market. Cultural competence. MTVN had a major advantage when entering this market. As a global company with lots of international experience, they had a certain knowledge on how cultural differences in cultural values, lifestyles, expectations, verbal and nonverbal language, approaches to formal procedures and problem solving techniques could chal- lenge negotiations. MTVI ? venturing into the Middle East was a result of a combined ef- fort from innovative and enthusiastic personalities, with different cultural backgrounds. Bhavneet Singh (Senior Vice President and Managing Director in MTVNI) and Abdullatif Al Sayegh (CEO and Chairman of ABN) is mentioned as two parties highly involved in the process. Global strategy, local touch. Providing mixed content to the audience was an adjust- ment that was needed in order to adapt to the culture. They tried their original concept but saw that it didn’t fit well with the Arabic culture, and as it didn’t work out to just take away some of their programs or add other shows this strategy seemed to be a best fit. The main challenges MTVN had at first in regard to adapting to the Arabs were solved when they merged with AMG. The relationship seemed to have a long-term orientation, which was a critical factor for MTVN who had a long-term ambition in their market en- trance. MTV were able to think global and act local they were successfully able to ad- just to the cultural needs of the Middle East audience and we do believe that MTV will have the possibility to survive in this market because of their strategic and cultural competence.

Asian Essay Research Paper After nearly thirty free essay sample

Asiatic Essay, Research Paper After about 30 old ages of great economic growing many Asiatic states are in recession due to many bad concern determinations. The Asiatic fiscal crisis caused the value of Asiatic currency fall 50-60 per centum, stock markets to worsen by 40 per centum, belongings values to drop, and Bankss to shut. The Asiatic fiscal crisis began in mid 1997 because of currency devaluation, bad banking patterns, high foreign debt, and corruptness ; has lead to a diminution in the currency and stock markets of all Asiatic states. As the fiscal crisis continued it shortly turned into an economic and societal crisis every bit good. At the base of the fiscal crisis is 1000000s of dollars in bad bank loans. Many of the Bankss suffered from limited institutional development and a deficiency of regulating Torahs. Credit tended to flux towards borrowers with authorities relationships or private bank proprietors and to prefer sectors instead that on the footing of projected hard currency flows, realistic sensitiveness analysis, and recoverable collateral values. We will write a custom essay sample on Asian Essay Research Paper After nearly thirty or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The fiscal crisis began in Thailand in May of 1997 when investors became disquieted about Thailand s political instability, decelerating economic system and inordinate debt. As they invested their money in more stable markets and pulled out of Thailand the value of the tical fell aggressively. Due to the inter-linked economic systems of Asia Indonesia, the Philippines, and Malayan economic systems were shortly crippled by the autumn of the tical value. Indonesia s economic system shortly fell after when the rupiah lost 80 per centum of its value against the U.S. dollar. The state was plagued with more than $ 70 billion worth of bad debts due to a corrupt and inefficient authorities. Indonesia and Thailand were besides enduring from being to ambitious with the enlargement of their substructures due to the immense inflow of money from optimistic foreign investors. Two major economic systems that were besides effected were China and Japan. Chinese Bankss may hold been transporting up to $ 1 trillion dollars in bad bank loans. Much of this came from authorities corruptness and lending 66 per centum of China s investing capital to state-run industries that produce merely 12 per centum of Chinas industrial end product. Japan was crippled by more than $ 300 billion in bad bank loans due relaxed banking regulations and corruptness. Besides their exportation decreased, as other states were able to bring forth high-end electronics for cheaper. Both the Nipponese hankering and stock market declined in value as a consequence doing Japan to travel into a recession. Korea was besides greatly effected since its export growing has tended to mirror alterations in the yen-dollar exchange rate. They were besides enduring from immense foreign debt that they were no longer able to pay off. As Asiatic economic systems slowed down many households felt the consequence of the crisis. The demand for labour has dropped dramatically since edifice and enlargement undertakings have come to a arrest. Because of this and drought many urban and rural households are now unemployed. Due to interchange rate devaluation monetary values for basic necessities such as nutrient and medical specialty, have risen drastically. Spending has besides slowed down since households don Ts have adequate money to buy more than that which is necessary. Due to Asia s big function in the universe economic system other states economic systems have suffered because of the crisis. As Asiatic currency devaluated and economic systems declined so has the demand for importing goods from other states. The devaluated currency besides has made Asiatic merchandises seem cheaper which has led to increased degree of exporting to other states. The International Monetary Fund has implemented a program and loaned one million millions of dollars in order to assist Asiatic states pull out of this fiscal crisis. The program calls for an increased intrest rate and to fasten money supplies in order to decelerate down enlargement. The restructuring of pudding stones and better supervising of Bankss to cut down on the type of corruptness that was really common in the past. Opening of the international market to convey back foreign investing and promote investors to purchase off failed companies. They besides want to increase revenue enhancements to make a authorities excess so Asiatic states can break command their economic systems. So far the IMF has loaned $ 18 billion to Thailand, $ 47 billion to Korea, and $ 57 billion to Korea in hopes of carry throughing its program. Right now it looks as though the IMF program is working. Many Asiatic economic systems are sing growing after the market bottomed out last twelvemonth. Many authoritiess are doing tougher banking Torahs and the increased involvement rate has curved the rapid growing that helped take to the fiscal crisis. The Asiatic states are get downing to open their doors to more foreign investing and ownership. Many people are disquieted that this is a impermanent solution and that Asia will fall into a worse economic crisis. If the Asiatic economic systems fall even further, in a desire to raise hard currency, they might sell the 100s of billion dollars in U.S. exchequers they now own. This along with an increased trade shortage, coming from more importing and less exporting will take to higher involvement rates and an American recession.

Human Resource and Cross Cultural Diversity of Holiday inn The WritePass Journal

Human Resource and Cross Cultural Diversity of Holiday inn Introduction Human Resource and Cross Cultural Diversity of Holiday inn IntroductionCompany background  History of the CompanyFeatures of Holiday InnOrganizational ChartHRM ActivitiesPLANNINGa. Long term planb. Short term planc. Benchmarkingd. Contingency Planninge. Participatory PlanningJOB ANALYSISEmployee RecruitmentInternal Recruitment:External Recruitment:SELECTIONOrientation PlacementTraining DevelopmentOn-Job Training:Off-job Training:PERFORMANCE APPRAISAL  360 DEGREE PERFORMANCE APPRAISALSEMPLOYEE RELATIONSEmployee remunerationEmployees Benefits and servicesEmployee Welfare  Industrial relation:Managerial DiversityRecommendationsConclusionREFERENCESRelated Introduction This report is a research about human resource and cross cultural diversity of Holiday inn. Almost all professional’s work with different cultural backgrounds and communication styles. Developing communication skills with different people requires honesty, trust and respect. In this report the main objective will be about how holiday inn manages its employees and the aspects of managing cultural diversity. There will be descriptions about the HR policies and how holiday inn overcomes its problems relating to HR. Company background   Holiday Inn is a subsidiary of Intercontinental Hotel Groups (IHG).IHG operates 7 brands of hotel worldwide and the headquarters are in the UK. The chain includes intercontinental hotels and resorts crown plaza hotel and resort holiday inn express stay bridge suites holiday inn hotels and resort hotel indigo candlewood suites Holiday Inn is a stylish hotel which offers refreshing simplicity. Holiday Inn is the most recognized hotel brand in the world with a global reputation for service, comfort, value and location. After the prelaunch of Holiday Inn, today it has come up with its many chains and sub branches like holiday Inn Express, Holiday Inn Club Vacations and Holiday Inn Garden Court. With over more than 3000 branches worldwide and 65 in the UK it has become the largest hotel chain. Its main aim is to full fill customer’s desire and employees need. That’s why holiday inn has come up with value offers; priority club rewards occasion’s offers for the comfort of its customers. For easy access it also provides online booking, lend rooms for meetings, conferences and many other such facilities for more comport and ease of customers. This hotel is conveniently located and you can find them through out the world or just outside the Airport. Today, Holiday Inn is proud to be an Official Olympic partner 2012 in London. This will include hosting the world’s athletes and welcoming them to Holiday inn family. They also be providing flexible employment so that they can earn while train. History of the Company    The foundation of Holiday inn was in 1952. It was opened in Memphis, Tennessee by Kemmons Wilson. He also wanted to provide less-costly accommodations for families. So he teamed-up with Wallace E. Johnson. Kemmons Wilson first came up with the idea to team-up following a road trip to Washington, D.C. He claims to have been so disappointed with the quality of the roadside motels he encountered, that he wanted to do something that would bring change. The name of the Holiday Inn franchise was originally provided as a joke by architect Eddie Bluestein. Bluestein was making reference to the Bing Crosby movie. The chain grew dramatically in 1957, following the chain’s official renaming as Holiday Inn. Within one year, there were over fifty Inns throughout America. In 1968, the 1000th Holiday Inn opened in San Antonio; Texas. In 1970’s The Holiday Inn chain led the motel market, putting a huge amount of financial pressure on more traditional hotels. It also set the standard fo r copycat competitors like Days Inn, Ramada Inn, Best Western and Howard Johnson’s. When Wilson was featured on the cover of Time Magazine in 1972, there were over 1,400 Holiday Inn hotels worldwide. The decision to include indoor pools at many of the chains, further brought customers flocking through the doors. Wilson retired from his work with Holiday Inn in 1979. Holiday Inn lost its dominance over the market in the 1980s. In 1988, the franchise was bought by Bass Brewers, which would later become the InterContinental Hotels Group. Two years later, the Holiday Inn Hotels located in the United States were also purchased after Wilson sold his remaining interest in the company. Holiday Inn is still a name that can be used by leasing the brand franchise from InterContinental who holds the rights to it. In January 2002; the company produced a new 130-room Next Generation prototype hotel to rebuild the brand. It included a bistro-like restaurant and an indoor pool. The first of these prototype hotels, the Holiday Inn Gwinnett Center, was built in Duluth, Georgia, in 2003.On 24 October 2007; IHG announced a worldwide prelaunch of the Holiday Inn brand. The prelaunch is focused on delivering consistently best in class service and physical quality levels, including a redesigned welcome experience [and] signature bedding and bathroom products The first prelaunch Holiday Inn opened in the USA in the spring of 2008. Currently there are more than 2,500 prelaunch Holiday Inn brand hotels around the world and the Holiday Inn global brand prelaunch process is on track to be completed by the end of 2010. In September 2008, IHG announced the creation of a new timeshare brand, Holiday Inn Club Vacations, a strategic alliance with The Family of Orange Lake Resorts. Holiday inn relaunch was the biggest relaunch ever in the history of hotel industry. Jane Bednall from Holiday Inn said: The Holiday Inn relaunch is all about focusing on what matters most to our guests a modern, contemporary hotel with friendly efficient service and offering a great nights sleep. Weve teamed up with Diversity to bring this to life for our guests in a fun and entertaining way and to mark our 100threlaunched hotel in Europe. The Dance Inn not only shows off what a relaunched Holiday Inn hotel looks like, but also gives people some great moves for the dance floor. Features of Holiday Inn 9 Floors 120 Guest rooms 68 Double Bedded rooms 52 Single Bedded rooms 8 Suites 1 Special rooms for disables Downtown Cocktail Longue Gym Swimming Pool Travel Desk 3 Restaurants Car Rental desk On-site business facilities Kid Suites room Organizational Chart Holiday inn organizes its management in a very authentic way. The organizational chart is a vertical one where the General Manager is the main head of the organization and if in absences of him/her the executive secretary is in charge. The chart shows a centralized power and formal control system. This essentially indicates that there is a routine task for every department and strictly emphasis on its rules and regulations. This helps to smoothen in the operation of the organization which clearly defines who is responsible for what. Also, helps to provide a consultation on what the organization core and culture is about and how to proceed the organization infrastructure to support those needs. The HR holds the responsibilities in formation of the hotel and its employees. HR has HRM Activities There are certain rules and process to be carried out by the HR department for a refined performance in the hotel by the employees and the heads themselves. PLANNING Planning is a process to accomplish goals. It should be real depending upon the activities. Holiday Inn basically follows 5 planning rules. a. Long term plan Long term plan is achieving respect from every traveler by being the number one choice and to earn revenue for the establishment of a better business. b. Short term plan It’s main focus to be friendly and caring with all its customers and to give comfort feeling of stay. Normally, Holiday Inn focuses in short term plan. The plans are made accordingly to its financial matters entirely by the management department. Furthermore, the term â€Å"Manning† is also applied by the HR manager in the hotel. In this process the HR has to maintain a proper record of employees working in a specific year and to maintain the number of employees. c. Benchmarking As Holiday Inn is a franchise of Intercontinental Hotel Group (IHG), it has to maintain a standard of benchmarking of hotels competing against ING. d. Contingency Planning Every organization has a contingency plan for every department. For Example, In Holiday Inn, The contingency plan in the HR department is, if the chief chef leaves the hotel for any reason the hotel will hire a trained chef for a certain period of time under contract basis until Holiday Inn finds its own chef. By having a contingency plan it helps the organization to avoid halt of operations during emergencies and helps to cope with unexpected situations and developments. e. Participatory Planning This plan refers to involvement of every staffs and workers in the hotel to formulate and carry out a plan. Different employees inspire different plan which helps for further decision. The HR is responsible to make sure every employee has an implemented plan, this leads for a better efficiency of work in the hotel. The main objective of planning is to focus on future demand and to get the right people with right number of employee in the organization. The Human resouces Process needs to be implemented which helps for future personnel needs , cope up with sudden and future change, create highly talented personnel and internal expansion with good reputation of the company. JOB ANALYSIS HR plays the major role in job specification, description and performance standards. The first step is to complete a formal job analysis for each position. Holiday inn evaluates the information provided by concerned department heads. The observation and interviews are the major sources taken care by the HR department. Holiday inn has a certain rules for job analysis where step by step process is implemented. Firstly, they check the job information with accuracy then write a job description based in the information proved and determine the skills, abilities and knowledge that is required. In this process all the involvement of employee is untaken for collecting job related information’s, duties and responsibilities. Mainly job analysis is considered as gathering information, processing them, giving job description and specification. Holiday Inn makes its analysis by observations, interviews and questionnaire’s where specialists are assigned in co operation with manages, supervisors and employees. To design a job, the specialists are required where HR plays the role in recruitment, Selection, training and other practices in the Hotel of employee. Lastly, the job analysis form or samples is printed with job title, job description, reporting person duties and responsibilities. Employee Recruitment Employee recruitment in simple term is recruiting qualified employees. There are certain regulations to be followed by the HR manager for recruitment process. The HR manager is responsible for designing and implementing the process that will fulfill the industry’s needs. Furthermore the HR is responsible for finding sources of applicants, writing and placing the advertisements, contracting agencies and schools. Holiday Inn divides its recruiting process in two terms: Internal Recruitment: This type of recruitment is mostly in practice in Holiday inn. Here, it focuses in present employee’s application for required position. Then if there is any reference from current or former workers is taken under consideration. External Recruitment: External recruitment is a difficult part for the HR manager. Finding a candidate from outside the organization needs a lot of thinking. The effectiveness and success of the organization depends on the external recruitment process. External recruitment done in this hotel is placing advertisements in new papers/radio/television, contacting universities/colleges/institutes or agencies, walk-in interviews, etc The HR department of Holiday in practices its recruitment process in six stages. Planning Strategic development Searching Screening Evaluation control SELECTION Different hotels have different selection process. It basically depends upon the managerial policies. Selecting a candidate is a long process from the time of interview to final contract. HR manager has all the responsibility to hire the person/candidate with the best abilities, skills and knowledge. The format of Holiday Inn in selection process is Taking application forms Screening the forms Interviews selected forms( job interview and personal interview) Testing( oral and written tests) Selection in probation ( which takes 3 months time) Background and reference check Physical examination Hiring on the basis of permanent or part-time contract. Once a candidate is hired his/her performance is evaluated every month by the supervisors. Holiday inn selection is made positively supporting the diversity and selection is made according to the requirement of the job. Orientation Placement After the selection process is over Holiday inn introduces each employee to its new job, co workers and organization. This is done for the comfort of new employees. Orientation about every department and every employee is given which normally takes 2-3 weeks. Placement is giving the right job to the new candidate. Mainly assessment classification is placed for newly hired employee. Training Development Training and development activities are carried on in order to implant specific skills, knowledge and ability in an employee. Holiday inn believes that effective training is the success of a hotel. There are two techniques which holiday Inn implies: On-Job Training: This type of training requires planning and supervision for effective development in practice and employee oriented capabilities. This training is cost effective. Assigning workers in sales, food beverage department, check in, check out positions are practically done in training. Furthermore, list of sequel steps are that should be correctly followed and required materials/tools are provided for effective training. In the end, feedback from every candidate is undertaken and evaluated. Off-job Training: The three main focus of off-job training is in-house, external and independent. Where, in In-house lectures, demonstrations and technical knowledge is provided. External focuses on discipline concerned with hospitality and finally independent focuses on training methods controlled and managed by the learner himself. Which includes, computer assisted learning and interactive visual learning. The training process of Holiday inn is categorized as:   Assessing training needs preparing the training plans specifying training objectives designing the training program selecting the structural methods completing the training plan conducting the training evaluation the training placing further training (if required) This process helps in developing the potential in every employee to make a long term successful career. PERFORMANCE APPRAISAL Performance appraisal is the actual performance of an employee, behavior on duty and potential for future. It is generally done for the promotion or termination on an employee. There are different methods of appraisal in different hotels but commonly used is rating scale method which is either done on day to day performance or questionnaire. Challenges of performance Appraisal In Holiday Inn create an Excellence in culture and environment for every employee encourage the employee to make their own decision without the fear of failing provide and implement new challenges Developments of growths for skilled employees. The main process of Appraisal is: To set objectives of Performance Appraisal Establish job expectation Design an Appraisal programmer Performance interview In use of appraisal data.   360 DEGREE PERFORMANCE APPRAISALS 360 DEGREE appraisal involves process of receiving feedback from people whose views are considered useful for future. 360 degree feedback is typically provided in a form indicating skills, behavior, and scoring judgment process. EMPLOYEE RELATIONS Taking in consideration, with the ride of misbehaviors and unethical practices taking place in age, gender, religion discrimination and harassment, there needs to be a fair treatment to every employee. The HR department acts in involvement as liaison between entities, agencies and employees who should properly address and resolve the issues. For better performance, positive relation between organization and employees should be well maintained. Holiday inn basically concerns better relation of employees in the following: Employee remuneration The HR department determines the remuneration policy. In holiday inn, the external and internal factors are taken under consideration which deals with factors like cost of living, labour laws, economy, ability to pay the employees, performance appraisal, incentive payments. The hotel provides incentives to its well being employees which is decided by the HR manager. Employees Benefits and services The benefits and services provided by the hotel is Insurance, social secutity, worker’s compensation and even pay for not working hours such as annual leaves, sick leaves, casual leave, maternity leaves. The furthermore services provided are: One time free lunch and twice tea break Discount on hotel rooms and food Appreciation letter Award for employee of the month. Employee Welfare The term refers in taking care of the worker’s. it also refers in recognizing the value of workers,   motivating them, building up local hotel reputation and minimizing social evils. The HR department has one more role to participate in and keep the record of health of every employee.   Industrial relation: Holiday inn firstly established its relation with Gulf Oil Corporation in 1963, which was a long tern contract but ended up in 1982. In the past, the hotel went through many conflicts due to its name and logos. After the relaunch of Holiday Inn and becoming a subsidiary of Intercontinental Hotel Groups, it became success in establishing its reputation again in the hospitality industry. Today Holiday inn has many contacts with many other industrial brands such as a collective agreement with national automobile, aerospace and transportation of Canada. IHG announced in August 2010, that it has signed a franchises agreement with Alianza Fiduciara for building up a new branch of Holiday Inn in Columbia. There are more than 55 holiday inn brand in German’s and some is under constructions. Holiday Inn plays a major role in participating in IHG’s guest’s loyalty programmer. Managerial Diversity Managerial diversity is simply the differences between people of different gender, ethnic group, personality, color, background, education and so on. The Hr manager needs to effectively deal with the change, adaptability and communication of the employees in the organization. Holiday Inn is ready to spend resources in the management of diversity. But there are some challenges of diversity which arises such as communication which is a major problem in an organization, the resistance to change, which majority of the employee do not accept. The implementation of diversity in workplace is important aspect to think for the HR. holiday Inn one of those hotels which allows every employee to express its views and ideas. Recommendations When strengthening competitiveness take place many industry choose internal management actions including training and education and announcing employee pay role which is a lot of burden for the HR department. In Holiday Inn, to achieve progress there should be innovation of culture within the organization, which can help to cope up with arising challenges. The HRM should participate on more advice of management at all levels about implication of various practical policies. Programs such as job enrichment, incentive system should be purposed. More female worker should be introduced without any discrimination. The communication barriers needs to overcome and should be ready participation on adapting change. Many workers refuse to accept the fact of cultural changing in workplace. There should be proper tranined, motivated and more importantly flexible workplace. There is a very lengthy process of recruitment which should be minimized. Involvement of every employee should be taken in co nsideration of executive diversity. The hotel should permit the employees to join the crew on a permanent basis. Lastly, the hotel should participate in some corporate social activities as it is a part of the social well-being. Conclusion Hotel industry has similar work policy. Holiday Inn is a well known hotel which changes according to traveler’s need. It has made ease for every customers with online reservation facilities. The good HR policy will not only be the policy which only considers HR function with care but consider them as a culture of hotel policy. In Holiday Inn, employee care is the first policy. This gives a comfortable feeling to the employee which motivates them to work with interests. The working environment is quite friendly which helps employees to discuss their problems without hesitation. There is no discrimination made regardless age, gender, color, nationality, disabilities and so on. The responsibility of HR is much higher in Holiday Inn. The problem arising in HR department is systematically resolved .The cultural diversity is sometimes the major problem which should be taken under consideration .Lastly, as economy became global the work force becomes diverse .The Hotel’s succe ss depends on how it manages the diversity in the work place. Therefore, evaluation of organization diversity policy and plans for the future is completely necessary. REFERENCES 1. streetdirectory.com/travel_guide/12514/careers_and_job_hunting/how_hr_works_to_get_the_job_done.html 2. scribd.com/doc/27129689/Holiday-Inn 3. scribd.com/doc/20896686/Holiday-Inn-HRM 4. qualobster.eu/doc/Definition%20of%20Diversity%20Management.pdf 5. scribd.com/doc/22945926/HR-Practices-in-Hotel-Industry 6. http://en.wikipedia.org/wiki/Holiday_inn 7. ihgplc.com/index.asp?pageid=409 8. http://download-reports.blogspot.com/search/label/Hotels%20and%20Recreational%20Business 9. http://encyclopedia.jrank.org/articles/pages/1168259/Holiday-Inn.html 10. answers.com/topic/cross-cultural 11. ihgplc.com/index.asp?PageID=57NewsID=2370 12. lrb.bc.ca/cas/WTI19.pdf 13. hospitalitynet.org/news/4050312.html 14. diversityworking.com/employerZone/diversityManagement/?id=9

Article Analysis Essay Example | Topics and Well Written Essays - 250 words - 2

Article Analysis - Essay Example tions are concerned about the performance of other economies because when other economies are growing America will be able to export different commodities to those economies. The growth in exports will result to reduction in the trade deficit. When the economy grows at a negative rate citizens will import less from other countries because the price of import is higher (Sparshott, 2014). Therefore, even the neighboring countries that have stable economies will suffer because the export market will shrink. This was the situation that faced U.S. due to slow growth rate in other countries such as Europe, China, and South Africa. A nation should identify sector of the economy that is performing well in terms of exports so that they can give it government support because the more exports the smaller the trade deficit and the higher the growth of the economy (Sparshott, 2014). Increase in job opportunities predicts an increase in production in the future. In conclusion, a growing economy is characterized by increasing exports over the imports. However, exports are affected by the performance of other economies hence slow growth in international economies will affect the U.S. economy