Social Networking Sites Bring More Benefits Than Harms.

Nowadays, social networking sites are very popular among people all around the world especially teenagers. In fact, social networking sites such as Facebook, MySpace and Twitter are names which are quite familiar to anyone of us. Furthermore, many of us make use of these social networking sites to stay in touch with our family and friends. This is because that these sites are cheap, fast and easy to access. However, the parents often feel worry for letting their teens use these social networking sites. In this case, a study I’ve founded stated that these sites have actually bring more benefits than harms to teens. Advocates of the social networking sites show that these sites have become an essential daily necessity for people who are†¦show more content†¦Some social networking sites are also acting as good places to find a job for those who are jobless. Most people knows that the best way to find a job is through social networking sites. Nowadays the big companiese have specialists on human resources that search for profiles in these kind of sites to recruit new collaborators. Therefore, those who are jobless can create a profile and describe their capabilities and publish some of their works on the profile created. This might enhance their chances to be discovered and recruited by a company although it is a matter of luck. In conclusion, I totally agree that social networking sites bring more benefits than harms if we use it correctly. It is impossible to have events involving child predators and other dangerous individuals using these sites if and only if the parents guide their c hildren to make use of these sites responsibly. Besides, if we want to build our reputation and have more friends we’ll need to participate more in social networking. An old sayings sing that going to the gym and doing a few reps will not make you a body builder. Therefore, people should have involve themselves more in social networking so that they can make fully use of these websites which benefits them aShow MoreRelatedSocial Networking Affects Our Youth939 Words   |  4 Pages Social networking has become a norm in our society. Facebook, Instagram, Twitter, Snapchat, Myspace are but a few examples of the relatively new phenomenon of online social networking that play a significant role in our daily lives. The popularity of online social networking sites is constantly growing having people of all ages signing up for this sites y the million. Social networking has without a doubt contributed to many positive things in our lives, it allows us to share and communicate withRead MoreSocial Networking Sites Provide More Benefits than Problems Essay1111 Words   |  5 PagesVarious social networking services have achieved enormous success at the first decade of the 21st century. Up to 2010, more than 500 million users globally have been regularly using Facebook (Kirkpatrick, 2010, 2). A social networking site is defined as an online platform where socially related users can communicate and share information with each other, such as Facebook, Twitter, Myspace and Renren. Howevertheir success did not come without a price. It has long been a question that whether theseRead MoreSocial Media And Its Impact On Society1563 Words   |  7 PagesSocial media has consumed our society. 47% of American adults used social networking sites in 2011 like Facebook, Myspace, and Twitter; up from 26% in 2008(quoted from procon.org) the aspects of social media both have a positive and negative impact on life. Social networking sites promote interaction with distant family and friends. Social networking sites can demonstrate opportunities to strengthen existing relationships and to develop new friendships as well. The downfall of social media sitesRead MoreEssay on Social Networking Sites: Beneficial to Society1451 Words   |  6 PagesSocial networking sites are great for society, promoting increased communication and connection between hundreds of millions of people throughout the world. While some people do argue that the dangers of online networking far outweigh the benefits, it is clear that this is not the case; rather it is the other way around. Online social networking can be broadly defined as any website or other type of online communication that allows people to interact with each other. Blogging, or keeping an onlineRead MoreSocial Media And Society Essay1520 Words   |  7 PagesGabriella Martinez Ms. Cooney English CP10 30 October 2017 Social Media and Society Nayeli constantly checks her phone throughout the day. Uploading pictures to social media is what she revolves her mood around. If she doesn’t get as many likes or comments, it really brings down her mood. She follows a large amount of celebrities, especially ones who have gotten all types of surgery. One day, she soon started to realize that she didn’t look â€Å"as beautiful† as the models she was following. She thoughtRead MoreInternet has done more harm than good600 Words   |  3 Pages Internet has done more harm than good. The Internet is undoubtedly the most crucial technology of the modern world. It increases technology advancement and improve communication and transportation. The Internet is a global computer network providing a variety of information and communication services, consisting of organized networks using standard communication rules. While people think of the Internet as a good source of getting knowledge, there are many disadvantagesRead MoreThe Threat From Abuse Of New Technologies1253 Words   |  6 PagesThe Internet today offers more extensive and more profound online interpersonal organizations, new and potentially for overall user and changing innovations from application to foundation level. Which elevate the virtualization, alongside more devious troubles to security. These difficulties are moved to a specific degree by cybercriminal endeavors to get benefit. While it is hard to cover each conceivable danger outcome that may happen in America and beyond, with law enforcement intelligence itRead MoreSocial Network Sites Are A Past Craze Or Today?1280 Words   |  6 Pagesdiscussions about whether social network sites are a past craze or here to stay. In this essay, the concept of a social network site is narrower than that of social media, a social network can be defined as â€Å" A dedicated website or other application which enables users to communicate with each other by posting information, comments, messages, images† (http://www.oxforddictionaries.com/definition/english/social-network?q=social+network, no date). This means that the type of social network is independentRead MoreSocial Networking Sites On Today s Society1245 Words   |  5 PagesSOCIAL NETWORKING SITE FACEBOOK ON TODAY S SOCIETY Introduction With the increased connection and speed of internet connection, users of social media have increased exponentially in the recent past. Social networking sites are virtual groups which permit individuals to join and interface with one another on a specific subject or to simply hang out together online (Murray Waller, 2007). A set of persons where there is individual -to -individual connectivity make up social networks. FacebookRead MoreTHE IMPLICATIONS OF INTERNET SOCIAL NETWORKS Essay835 Words   |  4 Pagespaper indicates that social networks sites are here to stay. Social network sites need to convey a sense of responsibility. Based on the increasing level of social sites engaging in ecommerce, communication and socialization, the need of privacy protection is passed on to individuals. What this research paper has demonstrated is that there are implications users need to be aware of before signing up and placing their profile on these social network sites. Social Network sites for human communication

Examining the major Banking Organizations of Sweden - Free Essay Example

Sample details Pages: 11 Words: 3428 Downloads: 6 Date added: 2017/06/26 Category Finance Essay Type Analytical essay Did you like this example? Banks are of central importance for economic growth, credit allocation, financial stability, and the competitiveness and development manufacturing and service firms. The structural features of Sweden banking systems have changed significantly over the past 20 years. The increased availability of credit has been the corollary of the dismantling of barriers of trade in Sweden financial services. Don’t waste time! Our writers will create an original "Examining the major Banking Organizations of Sweden" essay for you Create order Sweden banking and finance sector has undergone considerable change in recent years. This has created greater competition, not only among older banks but by the establishment of new Swedish and foreign financial institutes and the main features are Banking and finance has been liberalized and deregulated in Sweden, Banks have long experience in international business and International banks now highly active in Sweden. Before entering into the details of the above given reasons, we will be looking at the main structure of the Sweden banking system. In Sweden there are three different types of banks: commercial banks, i.e., limited liability banking companies, savings banks and a few cooperative banks. All these types of banks are entitled to engage in all types of banking activity. The number of banks has declined sharply as a result of mergers, a tendency that has been most marked among the savings banks. From some 450 savings banks of the 1950s, the number had decreased to 85 by th e late 1990s. Since the middle of the 1980s, however, numerous new banks have been established in Sweden. The market structure can be described as two-tiered with five large banks (Handelsbanken, Skandinaviska Enskilda Banken, Nordbanken and Fouml;renings Sparbanken as well as the Swedish subsidiary of a major Danish bank) having a combined market share of about 75-85 percent; the residual market is shared among around 100 smaller banks. The home market for Swedish banks has to a greater extent been seen to embrace not only the traditional Nordic area but the whole region surrounding the Baltic Sea. The four major Swedish banks are very broadly held. The largest owners are the Swedish government (less than 20 percent in Nordea), the Wallenberg-led investment company Investor (some 10 percent in SEB), the employees pension fund (some 10 percent in Svenska Handelsbanken), and the former savings banks foundations (some 20 percent in Swedbank, which was earlier a savings bank, which merged with a cooperative bank and became a commercial bank). Approximately one third of bank shares are held by non-Swedes. The medium and small-sized banks are generally held by one dominating owner, which in turn may have a widely spread ownership, such as Skandia. All savings banks are non-profit organizations and they are held by foundations. The Swedish Financial Supervisory Authority is a government authority responsible to the MoF. It exercises supervision over banks, credit market companies, and additionally e.g., insurance companies, insurance brokers and securities companies. The Central Bank Act assigns to the Riksbank the responsibility to ensure a stable and efficient payment system. It also assigns to the Riksbank the responsibility for monetary and exchange rate policy (including the management of the gold and currency reserves), as well as managing the issue of notes and coins, providing a clearing function for banks as well as accepting deposits from banks and granting them loans. The Central Bank also functions as lender of last resort providing financial aid to banks experiencing liquidity problems. Early 1990s, Sweden was in the middle of the most serious economic crisis. Unemployment increased fourfold in the course of a few years and the central government finances deteriorated dramatically. This crisis has been attributed to deregulatory measures taken in 1985 which contributed to overly repaid credit expansion which led to a banking crisis followed by a currency crisis in 1990. The result of deregulation was obvious. In the course of just five years, the credit to GDP ratio for private sector moved up from 85 to 135 per cent (Governor Backstrom, 1997) Deregulations, on the one hand. Credit market deregulation in 1985, necessary in itself, meant that the monetary conditions became more expansionary. This coincided, moreover, with rising activity, relatively high inflation expectations, a tax system that favoured borrowing, and remaining exchange controls that restrained investment in foreign assets. In the absence of a more restrictive economic policy to parry all this, the freer credit market led to a rapidly growing stock of debt (Fig.). In the course of only five years the GDP ratio for private sector debt moved up from 85 to 135 per cent. The credit boom coincided with rising share and real estate prices. During the second half of the 1980s, real aggregate asset prices increased by a total of over 125 per cent. A speculative bubble had been generated. Step by step the Swedish economy became increasingly vulnerable to shocks. During 1990 matters came to a head. Competitiveness had been eroded by the relatively high inflation in the late 1980s, resulting in an overvalued currency. This caused exports to weaken and meant that the fixed exchange rate policy began to be questioned, leading to periods with relatively high nominal interest rates. Moreover, the tax system was reformed in order to reduce its harmful economic effects but this also contributed to higher post-tax interest rates. Asset prices began to fall and economic activity turned downwards . Between the summers of 1990 and 1993 GDP dropped by a total of 6 per cent. Aggregate unemployment shot up from 3 to 12 per cent of the labour force and the public sector deficit worsened to as much as 12 per cent of GDP. A tidal wave of bankruptcies was a heavy blow to the banking sector, which in this period had to make provisions for loan losses totalling the equivalent of 12 per cent of annual GDP. After this crisis when Basel II came into existence than Swedens golden period starts as common international regulation and framework for the banking industry are of great importance for the reliability and development of financial systems and countries economies. One such framework is Basel ll which was presented in 2004. It is based on Basel I which consisted of a credit risk measurement guideline and minimum capital requirement. Basel II consists of three pillars in which minimum capital requirement, the supervision process, and market discipline are regulated (Finansinspektionen 2002). The intention of Basel II is to lower banks capital requirement by offering banks the ability to choose a method that reflect their when calculating risk (BCBS, 2004). BCBS , the Basel committee on banking supervision ,presented a study called the fifth quantitative impact study (QIS 5) in 2006 that was based on data from the fall of 2005 (Finansinspektionen 2006 ). The purpose of the study was to examine how Basel II can be expected to affect bank with regard to their capital requirments. The study showed that the minimum capital requirement could be reduced with Basel II in comparison to Basel l. BCBS had not presented any other study after QIS 5 indicating how Basel II had affected the banking industry. This study aims to fill part of that gap by examining how capital ratio, the net credit loss level, and the degree, and the degree of disclosure have progressed for the four largest banks in Sweden during the implementation of Basel II as this has not previously been looked at. Hypothesis regarding the impact Basel ll has had on these variables will be presented based on these observation. To be able to make better hypothesis regarding the impact of Basel ll, the impact of the economic climate on these variable was investigated by creating a market indicator which consisted of the banks average net profit. The Swedish financial market and other factors Efficient and reliable systems for saving, financing, mediating payments, and controlling risk are vital for the well-being of the Swedish economy. These systems are handled by banks and other credit institutions, insurance companies, securities companies and other types of enterprise in the financial sector. The financial industry account for just over four per cent of the countrys total output, defined as its Gross Domestic Product (GDP). More than 90,000 people, about two per cent of the countrys total working population, work in the Swedish financial industry. The financial sector has expanded rapidly during the past decade. Established companies have broadened the scope of their business, and many new companies have entered the market. One important change is that banks and insurance companies have moved into each others areas, and as a consequence, all of Swedens major banks are now involved in the life insurance business and some insurance companies own their own banks. Anothe r change is that customers are banking more and more via the internet or the phone. These new channels of distribution have enabled the development of new services and intensified competition on the banking market through the establishment of new banks. Moreover, Swedes are investing increasingly in funds and insurance policies as they turn away from traditional bank saving. More than 85 per cent of the population have some of their savings in funds or equities, which by international standards is a very high proportion. Deposits and lending The core activity of a bank is to accept deposits and provide credit. At the end of 2002, bank deposits from the public (i.e. mainly households and non-financial enterprises) amounted to 1,242 billion kronor. The bulk of these deposits approximately 42 per cent come from Swedish households. Swedish companies account for around 32 per cent of total deposits and foreign depositors for some 22 per cent. Bank lending has increased in recent years, to reach 1,360 billion kronor by the end of 2002. 47 per cent of this lending to the public goes to the Swedish business sector, while households and foreign borrowers account for 21 per cent and 27 per cent respectively. Interest rates The interest rates banks set for their deposits and credit are largely dependent on the rates prevailing on the money market. Other factors that influence interest rates include the creditworthiness of the borrower, competition among credit institutions, and competition for different types of saving. The average rate of interest paid and charged by the banks has been declining steadily since the beginning of the 1990s. The interest spread the gap between the average interest rate received on credits and that paid on deposits has also tended to narrow during the same period. Safe and efficient payment mechanism Another important function of a bank is to provide a means of payment. The Swedish payment system, which includes the bank giro service and the postal giro, is technically rather advanced, and has a reputation for efficiency. This means that payments are transacted quickly, securely and at low cost. Mortgage market In Sweden, mortgage loans are usually provided by specialist credit market companies known as mortgage credit institutions. The total volume of outstanding loans of these institutions amounted to SEK 1,200 billion at the end of 2002. For many years now, lending by mortgage credit institutions has exceeded the volume of bank lending in Sweden. The mortgage credit institutions provide credit primarily for residential property, but also for commercial and office buildings and municipalities. Mortgage loans are secured by collateral, normally in the form of a mortgage on the property. The lending consists of a first mortgage, which involves pledging the property for up to 70-80 percent of its value. Additional credit is then often provided in the form of a second mortgage by the bank that owns the mortgage institution or by another bank with which the institution co-operates. Mortgage institutions offer a wide range of credit facilities at variable or fixed interest rates. Internet banking Swedish banks are among the most advanced in internet banking services. All major banks in Sweden offer online status on accounts and other assets, online payments, and the possibility to buy and sell units in funds and shares. Corporate customers have been able to bank via the internet for many years. At the end of 2009, there were a total of around 50, 00000 internet banking users and approximately 15million internet payments. Internet surveys show that customers are very pleased with the Banks online service. This was confirmed by IBM and Interbred, which ranked FSB as number one in Europe and number two in the World (Swedbank AnnualReport, 2009). Monetary policy update The Swedish economy is performing well, and GDP grew by almost 7 per cent in the third quarter of this year, compared with the same quarter last year. The strength of the Swedish economy is also reflected in the labour market statistics. The labour market has been recovering throughout 2010 and indicators point to a continuing rapid improvement. The world economy is expected to grow by a good 4 per cent a year in the coming years. Economic activity remains good in the emerging economies in Asia and Latin America. In both the United States and the Eurozone, economic prospects look slightly better in the short run than was forecast in the October Monetary Policy Report. At the same time, the global imbalances remain and concern over public finance in several countries has increased. Despite the relatively divided international outlook, the indicators for the Swedish economy point to continued strong growth in the coming period. GDP growth is expected to amount to 5.5 per cent in 2010 a nd to over 4 per cent in 2011, and then to decline. The recovery has been relatively rapid and Sweden is also expected to experience higher growth than many other countries in 2011. Resource utilisation is currently lower than normal, but is expected to be normal or slightly above normal towards the end of the forecast period. Underlying Inflation measured as the CPIF was 1.9 per cent in November. It is expected to fall at the end of 2011 and then rise again towards 2 per cent. Higher mortgage rates will lead to the CPI rising slightly faster than the CPIF and it is expected to exceed 2.5 per cent in 2013. In the longer run, when the repo rate stabilises, the two measures of Inflation will coincide. To stabilise Inflation close to the target of 2 per cent and avoid resource utilisation becoming too high, there is a need to gradually raise the repo rate towards more normal levels. The repo rate is therefore being raised to 1.25 per cent. The forecast for the repo rate remains largely unchanged in relation to the forecast in the October Monetary Policy Report. Environmental factors in Sweden banking Sweden is a democratic monarchy. It is the largest Scandinavia country with over 9 million inhabitants. Sweden has been known for its neutrality and policy of non-alignment with either NATO or the Warsaw Pact. It is a member of most international organizations (UN, UNESCO, WHO etc).Sweden has been a member of the European Union since 1995 but decided not to join EMU. A referendum in 2003 rejected the euro by a decisive margin against the advice of the government and the wishes of business. The Prime Minister stated it was unlikely there would be a new referendum before 2010. Key economic indicators for 2008 estimates (Source: Central Intelligence Agency Country Profiles) 69.6% of the economy is in the services sector, 28.9% industrial and 1.5% agriculture. Population: 9,045,389 GDP: USD 358.4 billion Per capita GDP: USD 39,600 Real GDP growth: 0.9% Unemployment: 6.2% Public debt/GDP: 36.5% Cash Management Features Activity is highly automated with major activity inside the Bankgirot and Plusgirot systems. Rather than hold accounts in both and maintain liquidity in both, it is possible to hold accounts just at the Nordea group, into which the Plusgirot has been subsumed. The EUR has emerged as a parallel domestic currency for business, notwithstanding Swedens rejection in 2003 of EUR membership. The old E-RIX system that was connected to TARGET and used to settle domestic EUR trade has been abolished. EBA is now used to settle EUR transactions.Group account (Balance netting) is the preferred Liquidity Management technique domestically, and can be used for both single and multi-currency. Zero balancing is also available domestically and is getting more common than earlier due to multinational corporate customer Payment infrastructure in Sweden Most Swedish companies have a business account in a Swedish bank. The majority of domestic non-cash payments are affected through the two giro systems, PlusGirot and Bankgirot. PlusGirot-: The PlusGiro system is a part of Nordea. Thus, Nordea is the only bank in Sweden that can provide a connection to both PlusGirot and Bankgirot in SEK or EUR, meaning an all-in-one account for all the payments regardless if they are routed through the PlusGiro or the Bankgiro system. Bankgiro-: The Bankgiro system is operated by Bankgirocentralen AB (BGC), a bank-owned subcontractor of payment processing services. All banks in Sweden participate in the Bankgiro system. It functions as an automated clearing house (ACH). Payments can be made in SEK or EUR. Payment Instruments The vast majority of activity clears electronically: there is a high degree of automation. This is supported by very high usage of internet for payment initiation. There is still a form of paper-based credit transfer but the clear growth is in electronic initiation.This extends to electronic bill presentment, where the debtor can initiate a credit transfer in their electronic banking by clicking through form the bill itself.In terms of volume, credit transfers and debit cards are the most used, whilst in terms of value it is credit transfers.Sweden has a high density of ATMs and EFTPOS, and this is the part of the payments market that is growing most dynamically. Cheques Electronic payment ( The RTGS system in Sweden is operated by the Riksbank) Cards Internet banking These all are the factors in the Sweden banking environment which make the Sweden banking system much stronger than any other banking system. Sweden is capable of providing all the facilities to its consumers and its partners domestically and internationally and Sweden is having the biggest usage of internet banking amongst all other countries and more advance at this moment. Future Activities in 2011 The Riksbanks financial stability works in 2011 was largely characterised by the financial crisis and its aftermath. After having stabilised in the winter of 2010/11, unease again increased in the financial market in springs 2010 as consequence of the state of the public finances of several countries in the southern Europe. The unease became acute in May in connection with the downgrading of the Greek governments credit rating. The aftermath of the financial crisis is the extensive work continued of reforming national and international regulatory codes and improving supervision of the financial crisis. An important part of this work in Sweden is to clarify the Riksbanks responsibility for financial stability. New international regulatory frame work A large part of the Riksbanks stability work was focused during the year , as in 2010, on studying and influencing the framing of the future financial regulatory framework of future financial regulatory framework and supervision .since Swedish banks and financial institution are governed by law framed at EU level, which in turn to a great extent are based on guideline drawn up by other international bodies, the Riksbank participated in continued discussions both at EU level and within the bank of international settlement (BIS). During the year a new regulatory framework for financial institution called Basel III was established. Increased cross-border work The financial crisis has shown that there are great differences in the legislation at national level. Because of these differences, during the crisis it was difficult to handle problem in banks that operates in several different countries. Consequently several international projects are in progress that, address how banks with cross border operations are to be dealt with (For Example, First Deputy Governor of the Riksbank Svanteacute; Oberg). In 2010 the Riksbank also took part in the preparatory work ahead of the start-up of the new European system risk board (ESRB) in 2011. A coherent regulatory framework and cleaner division of roles between authorities in Sweden In view of the lessons learned from the financial crisis and the extensive regulatory work that is in progress in the international arena, the Riksbank believes that it is important to carry out a thorough overhaul of the financial regulatory framework in Sweden as well. The general Council of the riksbank and the executive board of the riksbank and the executive board of the Riksbank accordingly proposed in a joint submission to the Riksdag that one or several inquiries should be set up to review the regulatory framework in the financial sector. The Swedish banks resilience continued to improve in the second half of the year as a result of the economic recovery the situation of the Swedish bank continued to improve. The economic recovery had become stronger than previously expected. Consequently, the Swedish banks loans loss continue to fall and according to Riksbank forecast in the financial stability report in December they were lower than the Riksbank had expected in June.

Nursing Scope Of Practice And Medical Errors Example

Essays on Nursing Scope Of Practice And Medical Errors Article Nursing Scope of Practice and Medical Errors Establishing a clear scope of practice for nurses is very effective in avoiding medical errors. With this said, what are the activities a qualified nurse on duty may perform today? Well, some states now allow nurse practitioners and certified nurse midwives to check on patients and prescribe medications without a physician’s approval (The Future of Nursing: Focus on Scope of Practice - Institute of Medicine, n.d.).However, current laws in many states authorizes that nurses provide direct and indirect patient care such as insuring their safety, comfort, personal hygiene, protection of patients, performance of disease prevention and restorative measures. To be more specific, among the independent duties of registered nurses are to observe symptoms of illnesses, reaction to treatment general behavior which becomes the basis of an initiation of emergency or medical procedures. Aside from which, a nurse’s dependent functions wou ld include the performance of skin tests, immunization, extraction of human blood administration of medication. Lastly, among their interdependent function would be to implement appropriate standardized procedures or changes in treatment regimen of a patient after observing signs and symptoms of illnesses or a crucial reaction to treatment (Bailey, L., 2011).Indeed, having a clear scope of practice for nurses will reduce medical errors especially because they can focus on cultivating their knowledge on specific medical functions instead of performing based on general medical knowledge. Aside from that, it is helpful to have clear drug labels, being familiar with medication storage, knowledge in proper drug use and monitoring to avoid cases of medical malpractice and errors (American Nurse Today, n.d.).Bibliography:The Future of Nursing: Focus on Scope of Practice - Institute of Medicine. (n.d.). The Future of Nursing: Focus on Scope of Practice - Institute of Medicine. Retrieved M ay 20, 2014, from http://iom.edu/Reports/2010/The-Future-of-Nursing-Leading-Change-Advancing-Health/Report-Brief-Scope-of-Practice.aspx?page=2\Bailey, L. (2011). An Explanation of the Scope of RN Practice Including Standardized Procedures. California, USA: Department of Consumer Affairs.American Nurse Today. (n.d.). American Nurse Today. Retrieved May 20, 2014, from http://www.americannursetoday.com/article.aspx?id=6356fid=6276

Dashman Company free essay sample

?Dashman Company and Mr. Post. Be the Change – Barrack Obama It is wonderfully satisfying to notice that how one of the punch lines of one of the most successful presidential campaigns of recent history, can so appropriately and so succinctly describe one of the events that happened as early as in the first part of the bygone century. Mr Manson, the president of the Dashman company which was going through a temporary problem of procuring the vital raw materials for its production stage, hired an experienced professional in Mr Post, empowered him to be the change leader, in a hope that hed be able to drive the change and take the firm ahead. And Mr Post, through his actions which might have made a perfect sense in his previous company and which probably would have achieved the desired results in his old professional setup, eventually ended up in setting up a bad precedent in the Dashman company as some of Mr Posts purchasing executives, for want of time, were forced to falsely concede to the proposal made by Mr Post. Had I been in shoes of Mr Post, my first steps would have been aimed at justifying my immediate purpose of existence in the Dashman Company i. . to ensure that the problem related to the purchase of essential raw materials gets over as quickly as possible. This would also have been a fantastic opportunity to return and re-affirm the faith that Mr Manson had shown in my abilities of being an experienced purchasing executive. Following would have been the steps taken by me : Meeting the purchasing executives and knowing the nature, frequency and magnitude of the business transactions with the vendors and suppliers that they frequently do business with. I would have tried to inform the purchasing executives and other stakeholders in the division that the problem regarding the procurement of raw materials is a temporary one and being in this business for so long, I can assure you that such problems do not last very long. I would have prepared a detailed plan on how to deal with this immediate problem and would have run it through by Mr Mason and my purchasing executives. I would have also made two or three most experienced and most respected purchasing executives, the contact points for ensuring that the plans are stuck to and followed upon. I would also have communicated with them from time to time to see the progress and remove any immediate resistance that they were facing in the execution of the plan. I would have met the major vendors and the suppliers to see if they have any issues with the outstanding payments and how does the payback-period of Dashman company compare with that of its immediate local competitors. I would ask my payroll department to clear the outstanding and future payments on priority. I would also inform the vendors about higher volume of purchases if the bulk deals can get centralized. I would have asked Mr Larson for the copies of any previous communications of the same nature and the copies of their responses from the purchasing executives. The first step would ensure that I and my purchasing executives are on the same page as far as the potential issues with the vendor management are concerned. The second step is aimed at taking care of the feeling of insecurity that a change can bring to the organisation. The third step is aimed at seeing the successful execution and the compliance of this change. The fourth step would ensure that the vendors also have a stake in the successful execution and implementation of this plan. The fifth step would help me ascertain the nature and history of communications between the head office and the purchasing executives. This will also give me an idea about what style of communication works or does not work in the Dashman company. Based on the above findings, I would have then prepared a letter to be sent to the executives, which would roughly be on the following line : Dear _________, Hope this letter finds you in the best of health and spirit. This is a follow-up letter to the discussion that we last had regarding our plans to deal with the ongoing purchase and procurement issue related to the essential raw-material. As discussed earlier, we are putting into practice, the first stage of the plan that the board of directors of the Dashman company approved, in order to deal with the existing problem pertaining to the procurement of raw materials. In order to manage the purchases and procurements better, all of us would need to notify the head office if we are signing any purchase contracts in excess of $10,000. I understand that the peak buying season is just around the corner and I also understand that this can prove to be an impediment for closing out the bulk deals. Because of the same reason, I talked to the major vendors and suppliers during my last visit and have addressed all the concerns that they anticipated if this change were to put into practice. All of them appreciate the nature and benefits that this change can bring to the vendor community and the Dashman company. They have also assured us of their continued and whole-hearted support. I would like to re-iterate that the ongoing problem, based on my experience, is of a temporary nature and an organised purchasing can help us in expediting and accelerating its resolution. If you have any questions you can write in to me or for a faster response you can talk to Mr X or Mr Y, who are the local contact points to oversee and monitor the compliance and benefits associated with this change in process. I am sincerely looking forward for your support and compliance in this regard. Yours very truly, Based on the responses of the above letter, I would have decided on my future course of action. Based on my experience, the leadership of change is about the leader forecasting the effects that the change can have on the stakeholders and then exhibiting the common minimum behavioural characteristics of that change, while maintaining enough room to base your subsequent strategies on the feedbacks received. The leadership of change is about what the aforementioned punch line accentuates so eloquently with its brevity. â€Å"Be the change†.

Health Assessment and Complex Care

Question: Discuss about the Health Assessment and Complex Care. Answer: Introduction: As a healthcare provider, I have no choice over the kind of patients whom I serve. Each and every day, I encounter different kinds of patients with all sorts of illnesses. Whereas others have simple cases, others come to me with quite complex cases that require lots of keenness and professionalism (DiCenso, Cullum Ciliska 2011). One complex case I would like to discuss in this paper is that of Joseph Middleton. Middleton is a 59-year old man who lives with his wife Jane and two sons aged 29 and 16. He patient came to the hospital because he had been diagnosed with Sleep opnoea, Obesity Ventilation Syndrome, ventilation obesity, and type 2 Diabetes. Although Middleton is the breadwinner, he lost his job 9 months ago because of his employer was not pleased with his obese condition. Currently, the patient is depressed because he has failed to get other employment opportunities. He has also developed antisocial behaviors because he is ashamed of his weight. From these observations, it was ascertained that the Middleton was indeed a multimorbid patient who was suffering from different chronic illnesses. Therefore, to attend to him, a care plan was developed. However, for effective and satisfactory service delivery, it was necessary to assess the patient ascertain the degree of his needs and attend to them in order of preference. Meaning, the care provision was prioritized beginning from the most pressing to the least pressing need. Prioritization is recommended is a recommended strategy in healthcare because it can benefit the patient in many ways (Beverly 2014). First, it can assist in a proper and fair utilization of the resources. Healthcare sector has limited resources that should be sparingly utilized. Secondly, prioritization had to be applied because it enabled the healthcare providers to provide holistic and satisfactory care to the patient. The first decision made was to treat the patients obese condition. Obesity was a major issue of concern that needed to be addressed because it had troubled the patient for a very long time. As already highlighted, the patient has been experiencing significant weight gain for the past 1 year. Currently, he has a MBI of 58 m2, thanks to his Obesity Ventilation Syndrome, ventilation obesity conditions. Therefore, to address this case, the patient was given a therapy on obesity management skills entailing physical activity and diet management (Bray Popkin 2014). The second area addressed was diabetes type 2 that has been making the patient to be uncomfortable. Finally, the patient was given a treatment for High Blood Pressure. The rationale for prioritizing obesity, diabetes type 2, High Blood Pressure and depression is because they are the pressing needs that need to be addressed. Obesity, for instance, has precipitated the patients depressive conditions (Barlow 2012). The patient was laid-off because of his weight. Besides, many employers have refused to recruit him because his obese condition is undesirable for the kind of job he does (Bogner, et al. 2016). The treatment of these conditions enabled the patient to improve his conditions and lead a healthy stress-free life. References Barlow, D., 2012, The Oxford Handbook of Clinical Psychology. New York: Oxford University Press. Beverly, E. A., 2014, Stressing the Importance of Diabetes Distress: a Comment on Baek et al. Annals of Behavioral Medicine, 48(2), 137-139. Bogner, H.R., et al., 2016, Does a Depression Management Program Decrease Mortality in Older Adults with Specific Medical Conditions in Primary Care? An Exploratory Analysis. Journal of the American Geriatrics Society, 64(1), pp.126-131. Bray, G. A., Popkin, B. M., 2014, Dietary sugar and body weight: Have we reached a crisis in the epidemic of obesity and diabetes? Diabetes care, 37(4), 950-956. DiCenso, A.; Cullum, N. Ciliska, D., 2011, Implementing evidence-based nursing: some misconceptions. Evidence Based Nursing 1 (2): 3840. doi:10.1136/ebn.1.2.38.