Indian Weddings And Leaderships Lessons - 982 Words

Indian Weddings and Leaderships Lessons to Engage Employees: A Confluence The bloom of a flower has always fascinated me. Just before it calling a day, I watch them as buds. The next morning as I glide past them, I am transfixed. They are flowers- bloomed in full glory glistening with the morning dew- from jasmines, roses, hibiscus silhouetted by the green leaves and the blue sky. The very act of the bloom, quick in its dexterity, seamless in its motion and blissful in my ignorance is something my mind has always pondered. In my growing years when I saw the first footage on TV that brought the fluidity of the bloom to the forefront, it brought me closer to nature. What brought those memories back? Weddings. Well, in a wedding we are so caught up in the act of celebration with the congregation of friends and family acting as the impetus that I have never observed weddings from the vantage point of a observer of human nature. A phone call from my friend changed that. â€Å"Three day bonanza of fun, dance and merriment, with an army of well wishers in the thousands- is that what it is?† my friend Colin echoed on the phone with an infectious enthusiasm. I had just mentioned to him that I was traveling to India to attend a wedding. In the same breath, he continued â€Å"Bring me stories and pictures, and get me nuggets of eastern wisdom, I am fascinated by the different cultures.† Colin’s quest for learning brought a question that was in the back of my mind to the forefront.Show MoreRelatedPursuit Of Happiness From Boomers And Millennials : Connecting The Dots Through Stories972 Words   |  4 Pagesto make a difference. Sometimes they feel misunderstood. My dad said it best, â€Å"every new generation feels that way, until they see the next one.† Words- his father had shared with him. What is so different today? I recently visited India for a wedding, an elderly women in her late 80’s or early 90’s was seated in the front row with a vantage view of the proceedings. As I was walking by, she gently clasped my hands. I bent over to hear her words, she pointed to something and asked me - â€Å"what isRead MoreA Successful Entrepreneur: Azim Hashim Premji6129 Words   |  25 Pagesfledgling vegetable oil business, Western Indian Vegetable Products Limited (now called Wipro). Premji started off with a simple vision: to build an organization on a foundation of values. He eventually received permission to take correspondence art courses to complete the requirements for his bachelor`s degree in Electrical Engineering. He has since after a gap of over thirty years completed his degree in Electrical Engineering. Under Premji’s leadership, the Amalner-based vanaspathi manufacturingRead MoreGlobal Environment,3475 Words   |  14 Pagestheir efforts into being a wife and mother once married. In countries as disparate as China and Japan, where woman are increasingly joining the business ranks, it is still difficult to hold more senior roles in companies where resistance to their leadership still persists for traditional – often religious and/or cultural – reasons. In Japan, for example, many young women leave the workforce before they achieve any sort of seniority. If and when they later return to the workforce, they generally occupyRead MoreCultural Diversity And Tolerance Through Our Television Shows Little Mosque On The Prairie 2537 Words   |  11 Pageshighlight social equality and intercultural balance. A recent show that did this was Canadian television show Little Mosque on the Prairie, created by Zarqa Nawaz through WestWind Pictures. It was filmed in Toronto Ontario and a small community named Indian Head Saskatewan. The show aired in 2007, but was then rebroadcast to other countries including parts of Africa, Israel and Gaza strip (Macdonald 2012). Zarqa Nawaz based much of the show on her personal experiences, and many of the characters areRead MoreSchool Management12126 Words   |  49 Pagesexist between each category of respondents and all respondents as a whole. While effective teaching and learning and principals’ leadership skills emerge as common characteristics between principals and heads of department, the common characteristics between principals and teachers are student self-discipline, good behaviour among students and principals’ leadership skills. In comparing with the choices of 17 heads of departments and teachers in the sample, effective teaching and one common characteristicRead MoreSustainable Development in the Hotel Industry by Cornell University9354 Words   |  38 Pagesand National AIDS Fund to fight this curse. Through the Kimpton Gay and Lesbian Employee Network, the company receives advice on personnel and community outreach concerns, going as far as offering special packages for various events including gay weddings. In 2008, Kimpton repeated its Summer of Pride promotion in 15 cities, in conjunction with pride weekends, film festivals, fundraisers and street parties. Kimpton’s foremost environmental protection initiative began with the creation of an eco-friendlyRead MoreComparative Study of Pakistan Chinese Cultures13385 Words   |  54 Pagesgrows up. One sees others around one adhering to them and imbibes silent New Jersey, from a â€Å" valley girl † cultural style to a â€Å" ghetto † style. Investment banks can have a adventuring comes to an end. A more staid, responsible culture takes over. lessons from the cultural air one breathes. Within this larger sense of culture, there can be regions and zones, institutional settings with cultures or subcultures of their own. High schools can have quite specific cultures, ranging from the San FernandoRead MoreAlexander the Great Essay13163 Words   |  53 Pagesestablishing an administrative system that would be stable and loyal to him. Then came family dissension, such as frequently displease the polygamous courts of the East. Philip repudiated Olympias for another wife, Cle opatra, and after a quarrel at a wedding feast, Alexander went with his mother to her home in Epirus. Few months afterward, father and son were reconciled and Alexander returned; but their hearts were estranged. The Philips new wife was with child; her kinsmen were in the ascendant; theRead MoreBhopal Gas Disaster84210 Words   |  337 Pagesrecognized as the world worst industrial catastrophe. Thousands of people were killed instantly and more than 25,000 people have died of gas-related illnesses, several thousands more maimed for life since. Union Carbide negotiated a settlement with the Indian Government in 1989 for $470 million - a total of only $370 to $533 per victim - a sum too small to pay for most medical bills. In 1996, t elve years after the disaster, Union Carbide became part of the Dow Chemical w Corporation, which flatly refusedRead MoreProject Mgmt296381 Words   |  1186 Pages6.5.2.3 Critical chain method Chapter 9 Chapter 10 Reducing Project Duration Leadership Chapter 2 Organization Strategy and Project Selection 1.4 Projects and programs (.2) 1.4.1 Managing the portfolio 1.4.3 Strategy and projects 2.3 Stakeholders and review boards 12.1 RFP’s and vendor selection (.3.4.5) 11.2.2.6 SWAT analysis 6.5.2.7 Schedule compression 9.4.2.5 Leadership skills G.1 Project leadership 10.1 Stakeholder management Chapter 11 Teams Chapter 3 Organization: Structure

Essay on The Awakening Self-Empowerment of Older Adults

The dictionary defines self-empowerment to mean an individual who is in control of his or her life and views the trials they face in life in a positive way. It is also about building self-esteem and confidence. With the right kind of motivation, a person can be empowered to have a happier life as they move through the transitions of aging. To be truly self-empowered means that you have the ability inside yourself to know what is really best for you. Therefore, your actions reflect the power of your own strength that you take from making your own decisions. If one is empowered, it is the same as having a clear vision of where to go and how to get there. This knowledge also implies self-belief, self-trust and self-leadership. As unique as†¦show more content†¦People need to feel empowered in their lives in order to feel satisfaction, be motivated to welcome each day as a new experience of joyfulness, and continue to have a purpose. Of prime importance in someone’s li fe is the feeling that they make a difference and that their thoughts and deeds still matter. When we are younger, we are usually the apple of our parent’s eyes. Everything we do and say is important. As we mature and have families of our own, what we do and say has direct importance to the members of our households and, as parents, we are empowered by raising our children and fostering a successful relationship with our significant others. In our careers, what we do and say also matters, and we are rewarded in our paychecks, as well as by the respect of our colleagues. A typical problem for many aging adults is in feeling a loss of power. I would like to relate a personal experience I recently had that I believe supports the importance of recognizing an individual’s worth, and acting in such a way so as to empower that person, instead of diminishing them. In my community there is a chorale group that performs for local nursing homes and assisted living facilities. They sing songs, they interact with the people attending their performances and they are very dedicated in the service work that they do. They are all seniors as well, in their late 60s, 70s and 80s. TheyShow MoreRelatedAnalysis Of The Article The Accidents Of Nature By Harriet Mcbryde Johnson Essay1738 Words   |  7 PagesThe article Redefining Normal: A Critical Analysis of (Dis)ability in Young Adult Literature by Jen Scott Curwood discusses the importance of proper disability representation in young adult literature for the benefit of school children. Curwood writes y oung adult literature should not only provide accurate portrayals of individuals with disabilities, but must offer themes that are not didactic, condescending, or pedantic (Curwood, 18) because literature about disabilities and differences canRead MoreThe Parrot And The Mockingbird1402 Words   |  6 PagesCowardice). Even though one might argue that the suicides are an act of liberation and empowerment as they free the protagonists from the tied down society they live in,they are actually finding an easy solution to the problems they have encountered. The protagonists especially Edna could have approached the situation differently. Why would Chopin give her character so much development and growth just to lead her to a tragic self death? Maybe a reason behind Edna’s death could be her depression since initiallyRead MoreI Know Why the Caged Bird Sings - Maya Angelou6502 Words   |  27 Pagesshe struggles with in her childhood and young adulthood: feeling ugly and awkward and never feeling attached to one place. First, Maya imagines that though people judge her unfairly by her awkward looks, they will be surprised one day when her true self emerges. At the time, she hopes that she will emerge as if in a fairy-tale as a beautiful, blond white girl. By the age of five or six, Maya has already begun to equate beauty with whiteness, a sign that the racism rampant in the society in which sheRead MoreLeadership and People9624 Words   |  39 Pagesequal relationships (i.e. adult to adult with underlings. As a rule, they do not allow themselves to get close to employees. They do not like to see employees get close to one another, for such cliques, as authoritarian leaders perceive them, might endanger their authority. †¢ have business-like and task-oriented attitudes. The job comes first. †¢ generally blame poor results on the inability of others to carry out instructions correctly. 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If he/she knows someone with a vision, he/she must provide that person with resources for that person to achieve the goal. Chapter 10: Initiative - You Wont Leave Home without It: A leader hasRead MoreCalculus Oaper13589 Words   |  55 Pagesall support systems and intense interactions among women, or is it a specifically erotic choice? What is gained and what is lost with the second, narrower definition? Rich s assumptions also usefully raise the more general theoretical question: Is adult sexuality so closely associated with the infant bond that genuinely satisfying sex relations are likely to be structured primarily around nurturance? I Biologically men have only one innate orientation--a sexual one that draws them to women--whileRead MorePublic Health Paper12265 Words   |  50 Pagesin reducing ill health from the increasing urbanisation and industrialisation resulting from the capitalist labour market. Public Health Acts and interventions began to emerge during this time. 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Ltcm (Long Term Capital Management) Free Essays

Workshop 2, week 3 Syndicate 1 1. The collapse of Trio Capital demonstrated the way in which hedge funds and funds of hedge funds can be overly complex, unclear and lacking in transparency, particularly for retail investors. a. We will write a custom essay sample on Ltcm (Long Term Capital Management) or any similar topic only for you Order Now Briefly summarise what has happened in the case of Trio Capital last year in 2012 in Australia The collapse of Trio Capital is the biggest superannuation fraud in Australian history. Trio Capital was the trustee of a numbers of super funds governed by the APRA (Ryan, S. , 2011). It also had a number of managed investment schemes, like ARP Growth Fund and Astarra Strategic Fund. An American lawyer, Jack Flader, controlled the hedge funds in the Caribbean in behalf of the company with the $180 million from Trio Capital’s schemes (Ryan, S. , 2011). When those funds collapsed, Australian investors funds disappeared. The company had very poor corporate governance, and at least one of the directors had fraudulent conduct and has gone to jail (Ryan, S. , 2011). Liquidators have record $300 million assets, but more than $ 200million are still missing (Ryan, S. 2011). More than 6000 investors lost money and some of them lost their entire retirement savings (Ryan, S. , 2011). And 5000 of those investors share $55 million taxpayer-funded levy to compensate the loss (Ryan, S. , 2011). However more than 600 investors will not get any compensation because the hedged funds they invested were self- managed and not governed by the APRA (Ryan, S. , 2011). 2. Discuss th e regulations that were in place with regard to hedge funds in Australia and what the changes that are in place are. Firstly, Lacking of universal definition of â€Å"hedge funds† has been a problem. Hedge funds have five unique characteristics defined by the regulations. According to Class Order [CO 12/749] Relief from the shorter PDS regime, a responsible entity using expression of â€Å"hedge funds† must exhibit two or more characteristics from the following list: (i) Use of investment strategies intended to generate returns with low correlation to equity and bond indices and/or complex investment structures (ASIC, 2012) (ii) Use of everage to increase returns (ASIC, 2012); (iii) Use of derivatives for speculative purposes (ASIC, 2012); (iv) Use of short selling (ASIC, 2012); or (v) Performance fees (in contrast to fees based on funds under management (FUM)) (ASIC, 2012). However, after the scale collapse of Trio Capital and other funds, hedge funds mangers might try to avoid labelled as hedge funds due to poor reputation. Secondly, improving disclosure promote more efficient capital market, help disclosure relevant information, reduce the possibility of omitting important information, concentrated on the information need of the investors, and be flexible to adapt investors’ information needs changes (ASIC, 2012). Under Corporations Act. 3 Pt 7. 9 requires the Product Disclosure Statement need to be prepared to the offer of interests, and ongoing disclosure obligation and requirements on advertising and publicity for the offer of interests(ASIC, 2012) . In detail, PDS must: (a) Be worded and presented in a clear, concise and effective manner (s1013C(3)) (ASIC, 2012); (b) Make specific disclosures (s1013D), including among other things about the significant risks associated with holding the product (ASIC, 2012); and (c) Include all other information that might reasonably be expected to have a material influence on the decision of a reasonable person (when investing as a retail client) about whether or not to invest in the product (s1013E) (ASIC, 2012). In addition, Ch 5C has further requirements on hedge funds, including the registration need to be label as a managed investment scheme operated by a responsible entity which holds an Australian financial services (AFS) licence, and to have a scheme constitution and compliance plan (ASIC, 2012). 3. Describe the roles of investment banks and merchant banks, with an emphasis on the nature of their off -balance-sheet business, in particular mergers and acquisitions. The merge and acquisition services income of the investment banks and merchant banks are large. In 2003 the total amount of advisory fees that charged exceeded $596 million in USA, suggesting that investment banks earned a significant amount of income for providing MA advice (Walter, Yawson Yeung, 2007). The advisory services offered by investment banks usually related to various aspects of the acquisition and sale of company and assets such as business valuation, negotiation, pricing and structuring of transactions, and procedure and implementation (Water, et al. , 2007). One of the most important analyses is called dilution analysis, which requires updated skills about M A accounting. Investment banks also provide â€Å"fairness opinions† which usually involved documents attesting to the fairness of a transaction (Water, et al. , 2007). In some cases, firms interested in M A advice will contact an investment bank directly to process a transaction in mind. However, in the majority cases, investment banks will pitch ideas to potential clients. After a general introduction of investment banks services in merger and acquisition, the specific roles will be provided below: First, investment bank plays an advisory role for both buyers and sellers. When investment bank takes the role of an advisor to potential sellers, this is named as a sell-side engagement (Water, et al. , 2007). On another hand, when investment banks act as an advisor to the acquirers, this is called a buy-side assignment (Water, et al. , 2007). Other services include advising clients on hostile takeovers, joint ventures, h, buyouts and takeover defense. Secondly, investment bank also plays a due diligence role. Due diligence means gathering, analyzing and interpreting the target company’s financial information, compared with its historical and projected financial results, assessing potential synergies and evaluating operations to identify opportunities and challenges (Water, et al. , 2007). Due diligence is used to investigate the risk and give client a true financial picture of the acquiring company. Clear the benefits and challenges of the transaction. Off balance sheet business means the business involved an asset or debt or financing activity is not record on the company’s balance sheet (Wikipedia, 2013). For example, financial institutions have business like asset management or brokage service to their clients. The assets (often securities) usually belong to the clients directly or in trust, the company has no direct claim to these assets or has no direct obligation to these liabilities (Wikipedia, 2013). The company usually has responsible for some fiduciary duties to the client. Financial institutions may report off –balance sheet items in their accounting statements or may also refer to â€Å"assets under management† on off balance sheet items. Under current accounting rules, the accounting distinction between on and off-balance sheet items are quiet detailed and depend on the degree of management (Wikipedia, 2013). In this case, investment banks help buyers and sellers to process the transaction in merge and acquisition. The assets and liabilities involved in merge and acquisition is directly controlled by the buyers and sellers rather than the investment banks. Hence these assets or liabilities should be recorded on the off-balance sheet of the investment banks. Syndicate 2 1. Describe the key factors, strategies that led to and the lessons learned from the demise of Long Term capital Management. Provide a brief summary of what happened and what were the strategies used by the fund. ( ,reference reading , reading ) Summary of what happened: Long-Term Capital Management was a hedge fund management company that involves absolute-return trading strategies accompany with high leverage nature. The firm’s key hedge fund which called Long-Term Capital Portfolio initially succussed with after fees yearly returns over 40% in its first years. However due to the influences from Russia financial crisis and its high leverage, in 1998 it lost $4. 6 billion in less than four months. There were a wide range of companies and individuals affected by LTCM’s loss. In order to prevent chain reaction, Federal Reserve’s financial intervention and other companies taken over required and the company closed down in early 2000. The strategies: Initially, the company use complex mathematical model to analyse fined income bond to demonstrate arbitrary trade (usually pick up American, Japan and European government bond) Government bond is a term contract, which means in the future, at a fixed time, they will receive a fixed amount money. When the bond firstly issued, the difference of price has been minimised. Hence, according to economic theory, any price gasp will be fulfilled by arbitrary. The price difference between 30 years government bond and 29 times 9 month bind should be very small. And both of them will be mature about 30years later. However these two bonds will have slightly difference due to liquidity difference. So through a serious of financial techniques, buy 29 year 9 month bond and sell 30 years bond before the 30 years bond just issued, the profit becomes possible (Edwards, F. R. , 1999). But using the price difference and arbitrary was not sustainable. Hence the LTCM must use high leverage to generate more returns. In 1998, the company only had 47. 2 billion by them self, but financed funds about 1245 to 1290 billion, which means the leverage ratio exceed 25 (Edwards, F. R. , 1999). And the majority of the funds are invested in derivatives which is extremely risky (Edwards, 1999). Lessons: Limited leverage should be required for companies to reduce solvency risk. Arbitrary will not sustainable for the long period. The company lack of sustainable strategy. Disclosure of information is quiet important. This will reduce the investors gambling act and let them realise the true risk. 2. Refer to the case of LTCM. Imitation is said to be the sincerest form of flattery. What problems does this create in financial markets? Does this cause financial market crises or is it only a problem when a crisis occurs? Problems: Leverage ratio exceeds to 25, which is too high. Arbitrary is not sustainable, hence the long term investment strategy is absent. The funds amount is large; hence it is difficult to recover the loss. This will increase the possibility of the financial crisis to happen. Because LTCM is extremely high risk company, even though all the company’s partners are graduated from world’s leading universities like MIT Harvard, and they have complex mathematic model, but its high leverage financing structure and business activity nature (e. g. edge, derivative) determined LTCM is an extremely high risk company. Those high-educated partners use other person’s money to take risk without nominating the true risk. If the principal knows the risk, they might not invest in this company. As one company failure will cause others loss money. If the same investment strategies apply to all the companies in this industry, then the failure will expand to the whole industry, and have various chain reactions. Hence it is not only a problem when financial crisis occur, it actually will becomes the perpetrator to cause the financial crisis. . Explain the structure, roles and operation of managed funds and identify factors that have influenced their rapid growth. Structure: the variety of assets is wider same as the management styles range. Some portfolios are conservative and some are aggressive. Different structure is aim to achieve different portfolio goals, timeframe and risk tolerance (ASX, 2013). Roles: A management fund is a tool for investors to accumulate wealth. Managed funds can invest in a portfolio rather than a single security. The portfolio assets include wide range of financial products like domestic shared, international shares, fixed income securities, unlisted private companies and specialist sectors (ASX, 2013). Thereby the diversification of the portfolio reducing the risk of single security falls. Also managed funds can provide professionally managed portfolio to meet the need of customers who do not have time or the skill to manage (ANZ, 2013). Also managed funds can be bought and sold freely on ASX like share, hence the liquidity risk is low, and if you need money you can immediate trade at current price (ASX, 2013). What is more, it could help start at small, which means investor can invest a small amount of money and reach the same diversification as the large amount money (ANZ, 2013). Operation: Managed funds invest client’s money on the behalf of clients. They generally put same appetite clients’ money together to the selected portfolio (ANZ, 2013). The portfolio assets include wide range of financial products like domestic shared, international shares, fixed income securities, unlisted private companies and specialist sectors (ANZ, 2013). Factors influence their rapid growth: There are four factors influence its rapid growth. Firstly, entry, exit and ongoing management fees reduce the return (ANZ, 2013). Secondly, diversification can limit portfolio risk but it may also dilute profits (ANZ, 2013). Thirdly, there might be more tax payment compared with funds managed by client themselves, or more adjustments made by the portfolio manager, more tax applies (ANZ, 2013). Fourthly, the owner lost control of the money (ANZ, 2013). Losing control of your money – others may be involved in making decisions regarding where your money is invested. Reference List: ANZ. (2013, March 15th). Managed Funds. Retrieved from: http://www. anz. com/personal/ways-bank/work-life-financial/personal-finance/managed-funds/ ASIC (2012, September). Hedge funds: Improving disclosure. Retrieved from:http://www. asic. gov. au/asic/pdflib. nsf/LookupByFileName/RIS-hedge-funds-published-18-September-2012. pdf/$file/RIS-hedge-funds-published-18-September-2012. pdf ASX. (2013) Managed Funds. Retrieved from http://www. asx. com. au/products/managed-funds. htm Edwards, F. R. (1999) Hedge Funds and the Collapse of Long Term Capital Management, Journal of Economics How to cite Ltcm (Long Term Capital Management), Essay examples

American vs. Italian Culture free essay sample

`Italian Culture vs. American Culture` Kimberly Nyholm Anthropology 101 Ms. Winn September 2, 2009 Cultures 2 Abstract `Being born in a multicultural family I have always been curious on my Italian side. My Mother’s family is all Italian and I have always been so interested in their or our culture. My father is German, Irish and Swedish so all together I am a melting pot. The Italians just really interest me I’m not sure if it’s because they are very verbal, or what but now I totally understand the reason why I am who I am. ` Cultures 3 Italian vs. American Culture ` Being raised in a multi-cultural family I have decidedto research Italian culture vs. American culture. There are so many similarities of the two. I have learned so much about the reasons why I am who I am. In my research I have learned that people are people no matter what culture. We will write a custom essay sample on American vs. Italian Culture or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page ` Italian culture is so exciting. Italians are in touch with their appearance more than anything. They like to look good, and by doing so are very fashionable. From gold jewelry to name brand clothing the Italians have a real sense of style. They are very self conscience people who worry about what people think of them. ` Italians are also very family oriented people. Their family is the center of their lives and they try to â€Å"make their family proud†. The women of Italy are very hard workers they are taught to work for their families and are home bodies. The men of Italy are very outspoken with their woman they compliment there women daily and show signs of affection on a regular basis. ` American culture is similar to the Italian culture in many ways. Family is very important to Americans as they too are our focal point of our lives. Fashion is not a Cultures 4 `necessity, although people do like to stereotype against the less fortunate. Americans are very hard workers and take pride in their work. We are a very multi-cultural nation with many kinds of races, religions and rights. ` Cultures 5 References Italy Language, Cultures, Customs and Etiquette http://www. kwintessential. co. uk/resources/global-etiquette/italy-country-profile. html