Managing Uncertainty- How does the dollar affect the diamond industry Essay

Managing Uncertainty- How does the dollar affect the diamond industry in India - Essay Example In 2011, the amount of uncut diamonds was 120 million carats; as compared to the 150 million carats in 2007. This decline is alarming and is an issue of concern that needs to be addressed. The impact of the dollar on the diamond market in India Based on the complicated and complex forms of uncertainties, one can conduct an analysis of the impact that the fluctuation of the dollar has had on the diamond market in the United States. Before the 1990s, the Forex system used to be fixed; however, after the 90s, the Indian government changed the system to a model based on floating rate. The purpose of the fixed rate system was to ensure that rupee fared well against other major world currencies such as Euro, Dollar, as well as GBP. Under the floating rate, the market forces can be regarded as the determinants of supply, as well as demand of the currency. In this case, there is a decline in the value of the currency when demand is less than its supply. When the supply is less than the deman d of the currency, there is an increase in the value of the currency. ... When there are more payments made using dollars as compared to the amount of foreign currency received, what results is a huge supply of the dollar in foreign markets. Consequently, the value of the dollar will fluctuate compared to other world currencies. This has affected the diamond industry in India, which exports some of its diamond products to the United States (Poros 2011, p.65). The other reason why the dollar has witnessed massive fluctuation is because of the huge amounts of U.S dollars in foreign markets such as India. This high amount of the currency has led to its fluctuation, thus affecting the diamond market in India, which uses the US dollar as one of the major currencies while conducting trade. The fluctuation in the value of the dollar also emanates from the huge gap created by the balance of payments deficit. Over time, the U.S dollar has weakened, thus resulting to a huge BOP deficit. The fluctuation in the value of the dollar has also resulted to the reduction in the Foreign Direct Investment in India. This has significantly affected the diamond industry in India since few people wish to invest in the country. The decline in FDI does not attract investors; rather it keeps them away, thus resulting to low investments and little trade in precious commodities such as diamond (Eskeland et al 2003, p.73). The fluctuation of the dollar has also had an impact on traders who either supply the commodity to India, or import it from India after processing. The diamond market in India has also been affected by the diamond industry in China. Whereas India uses the dollar as a primary currency, China does not highly depend on the dollar. As a result, the Indian

Evaluaring Strategies Essay Example for Free

Evaluaring Strategies Essay The final results of any corporation can be measured in financial terms (profit, revenue growth, etc.) The authors of the HBR article on the use of a balanced scorecard recommend that the scorecard be used supplement these traditional financial metrics with performance measurement criteria relating to the perspectives of customers, internal business processes and learning and growth (Kaplan Norton, 1996). Since it is not possible to execute what you cannot measure, the balanced scorecard is a strategic management system that helps to measure and focus a companys strategy. The scorecard was devised to complement financial measures. It enables companies to track financial results while, at the same time, monitor progress of the mechanisms that are needed future growth. The problem with traditional management systems is that there are not able to link a companys long-term strategy with its short-term actions. So while financial measures are essential on the short-term, with the scorecard approach, they do not become the sole indicators of a company’s progress.   The scorecard introduces four new management processes that provide an avenue for the linkage between long-term strategic objectives and short-term actions. These are: Translating the vision Communicating and linking Business planning and Feedback and learning Translating the vision This process helps managers translate the organizations vision statements and strategy statements into an integrated set of objectives and measures that illustrate what drives long-term success. This process is necessary because some of the generalized statements of purpose (like â€Å"best in class†, â€Å"empowered organization†) defined by top management may not mean much in an operational sense to those tactical managers and operatives who need to carry out the mission in their day-to-day activities. Communicating and linking This process allows managers communicate their strategy upwards (to their superiors) and downwards (to their reports/subordinates) link this strategy to departmental and individual objectives. Since departments are typically evaluated by their financial performance, and individual incentives are tied to short-term financial goals, this process ensures that all levels of the organization understand the long-term strategy and aligns both departmental and individual objectives with it. Business planning Business planning is that process which ensures that business and financial plans of the organization are integrated. The prevalent occurrence of change programs in today’s organization makes it difficult for managers to integrate these initiatives with the strategic goal. However, when the scorecard approach is applied towards allocating resources and setting priorities for meeting the change initiatives, such programs can be coordinated in such a way that they line up with the overall strategic goal. Feedback and learning The authors postulate that this process gives companies the capacity for strategic learning. The scorecard enables companies to modify strategies to reflect real-time learning by evaluating strategy in the light of recent performance. By translating the vision, executives can come to such consensus as to what services and products will best stimulate growth or what customer segments to place emphasis on. The specifics of this translation will help the employees realize the vision. Applying the process of communicating and linking may result in managers understanding how business re-engineering initiatives may lead to fulfilling the goal of on-time delivery to clients. Business planning processes can include the integration of the results of budget sessions with those of strategic planning sessions and ensuring that the budget supports the strategy. Feedback and learning processes give the organization the ability to produce Chris Argyll’s concept of â€Å"double-loop learning†.   The concept suggests that cause-and-effect relationships can be identified when linkages are measured based on results from in the first 3 processes (Translating the vision, Communicating and linking, Business planning). Such relationships could result in findings such as that there are correlations between employees morale and customer satisfaction. In summary, it is important to control the short-term measures of financial performance of a company as well as longer-term parameters as learning and growth, internal business processes, and customer satisfaction for proper alignment between the overall strategy of the organization with its subsequent realization. Where such introspection is actively pursued by the organization and it results in projects like business re-engineering, marketing strategies and increased customer satisfaction, all in alignment with the organizational strategy, the end-result will cause a synergy that leads to improved financial results. REFERENCE Kaplan, R. S., Norton, D. P., (1996). Using the Balanced Scorecard as a Strategic Management System. Harvard Business Review, 74(1).

Disadvantaged Health Status of Indigenous People

Disadvantaged Health Status of Indigenous People Why are indigenous people in Australia still disadvantaged with regard to health and community services? The status of Indigenous health in contemporary Australia is a result of historic factors as well as contemporary socio-economic issues (Hampton Toombs, 2013, p. 1). The deficient health stature of Indigenous Australians is a contemporary consequence of their historical treatment as Australias traditional owners and as of a result of cultural issues that impact on the acceptance of health and community services. This historical treatment and cultural issues has led to Indigenous Australians experiencing social disadvantages, significantly low socio-economic status, dispossession, poverty and powerlessness within contemporary Australian society. Previous to the invasion and colonisation by the British on January 26, 1788, the indigenous people were the carers of Australia and the Torres Strait for a period of over 60,000 years. During this time, it is suggested that Indigenous Australians lived relatively prosperous lives and enjoyed generally better health than most people living in Europe (Hampton Toombs, Indigenous Australian concepts of health and well-being, 2013). Indigenous Australians mortality was greatly affected by the considerable loss of lives caused by the direct conflict with the British and by the arrival of introduced diseases, especially smallpox. The impact of this loss extended far beyond the immediate victims of disease, affecting the very fabric of Indigenous societies through depopulation and social disruption (MacRae, et al., 2012). Traditionally, Indigenous Australians had complete freedom over all parts of their lives such as, ceremonies, spiritual practices, medicine, social relationships, management of land and law and economic affairs (Saggers Gray, 1991). Along with the impacts of introduced diseases and conflict, Indigenous Australians also experienced harmful effects related to disconnection from Country due to the spread of colonists and their subsequent political policies. For an Indigenous Australian, Country is not just physical territory but the central aspect of their identity (Hampton Toombs, Racism, colonisation/colonialism and impacts on indigenous people, 2013). Occupation and colonialism impacted far beyond the physical, as Indigenous Australians had their culture devalued, traditional food sources destroyed, and were separated from their families and in some cases entire communities were expelled. This caused separation or loss of languages, beliefs and social structures which form the fund amental basis of Indigenous cultures. The current condition of Indigenous health has been impacted negatively by the stolen generations and other past government practises and for many Indigenous Australians, the ongoing effects have created other social, emotional and physical disadvantages. These disadvantages are evident through the social determinants of health, including; economic opportunity, physical infrastructure, and social conditions that influence the health of individuals, communities, and societies as a whole. Inequalities in these are especially evident in education, employment, income, housing, access to services, social networks, connection with land, racism, and incarceration rates. In all of these factors, Indigenous Australians experience considerably lower rates than non-Indigenous Australians, with the most disturbing being that Indigenous Australians have a drastically lower life expectancy rate and overall health status, than non-Indigenous Australians. For indigenous people, the rate of chronic disease is still 2.5 times higher than that of other Australians and they die 15 to 20 years younger than those in mainstream Australia (Australian Health Ministers, 2004). More than half of these figures are caused by chronic diseases such as heart disease, stroke, diabetes, chronic respiratory disease and kidney disease. The majority of these chronic diseases are preventable and while research is continuing to find ways to reduce the risk factors, issues such as smoking, alcohol and substance abuse, diabetes, chronic kidney disease, and promoting healthy eating and active lifestyles are still major challenges in Indigenous communities throughout Australia. Healthy living choices are not easy for people living in remote communities which results in a high incidence of preventable chronic disease. Good nutrition is fundamental to the maintenance of general well-being and the prevention of sickness and disease. It plays an imperative role in pregnancy and early childhood, prevents obesity and type 2 Diabetes and can lower the risk of recurrent heart disease by up to 70%. However, remote communities face many barriers to healthy eating, including isolation, the high cost of food, the variable supply of fresh food, lack of community town infrastructure and inadequate health promotion support, are just a few of these barriers that prevent community people from being able to make healthy living choices All of these inequalities, combined with the social attitudes towards Indigenous Australians and their health in contemporary Australian society, contribute to the difficulties Indigenous Australians have accessing satisfactory healthcare. The provision of adequate healthcare for Indigenous Australians can be difficult as many service providers do not understand how Indigenous Australians view or understand health and many health services are not as user-friendly or culturally appropriate for Indigenous people as they are for non-Indigenous people. This adds to higher levels of disadvantage and a greater hesitance to utilise these services. The traditional Indigenous outlook on health is holistic. It integrates everything significant in a persons life, including land, environment, physical body, community, relationships, and law. Health is the social, emotional, and cultural well being of the whole community and the concept is therefore linked to the sense of being an Indigenous Aust ralian. Specific issues such as reducing the incidence of chronic disease requires a significantly greater effort in coordinating collective strengths, creating and delivering preventative programs and primary health care for Indigenous communities and while great work is being done, more efforts are required to reduce the high incidence of chronic disease on Indigenous people and communities. When designing and developing services to meet the needs of our Indigenous people, close collaboration and consultation with the people for whom the service will be provided is vital. It is important to remember that policies and practises of the past have had major adverse impacts on the health of contemporary Indigenous Australians, and these impacts have contributed significantly to the inequalities present in Indigenous and non-Indigenous health status. However, whilst health disadvantages experienced by Indigenous Australians are considered to be historical in origin, the perpetuation of the disadvantages relies heavily on contemporary structural and social factors. As a result of our history and because of the continuing disadvantage, our people have needs that differ from those of mainstream Australians. Therefore, it is also imperative that we acknowledge and respect the impact of events and issues in Indigenous peoples history when designing and delivering these services.

Andrew Llyod Webber BIO :: essays research papers

Andrew Lloyd Webber was born on March 22, 1948 to William & Jean Lloyd Webber. Even at a young age, Andrew loved to make his own music. Andrew also had a great interest in inspecting ancient monuments around England. It and history were what many thought he would choose to do for a career. However, his Aunt Vi introduced him to the theatre, and under her advice started writing music of his own. In 1956, Andrew went to Westminster and started composing music for the school's plays. In 1962, Andrew won a Challenge Scholarship that reduced his tuition at Westminster. Andrew won another scholarship in 1964 to transfer to Oxford. Tim Rice and Andrew met in 1965 and consequently, Andrew dropped out of Oxford to pursue music with Tim. The first musical Andrew wrote (The Likes of Us) was a failure, but soon afterwards Joseph was created. The first showing was at Colette Court in 1968. Jesus Christ Superstar came next. In 1971, Andrew married Sarah Jane Hugill. Andrew and Alan Ayckbourn, in 1975, started work on a new musical, Jeeves. Jeeves was not a success and Andrew went back to Tim. Together they wrote Evita in late 1975. The next musical, was Cats. It was an incredible hit and beat A Chorus Line for longest running musical and highest grossing musical! Cats made Andrew rich and famous and ready to start a musical about trains. Starlight Express was created in 1984, the most expensive musical created up to that point. The same year, Andrew divorced Sarah Hugill and married Sarah Brightman. Andrew's next work was Requiem. It isn't a musical, but serious music for a Mass. Sarah Brightman sang the female soprano part. Andrew's next work, Phantom of the Opera also included Sarah. One of Andrew's most famous works, Phantom was created in 1986. Aspects of Love, Andrew's next venture, opened in 1989. Its intimate setting and songs were critically praised. In 1991, Andrew and Sarah decided to call it quits and on February 15, 1991, Andrew got married yet again to Madeleine Gurdon.

Listening to Music Essay

Today stress is a factor that we have to learn living with, manipulating it to benefit us thereby preventing the development of depression and stress related diseases. This can be attributed to globalization which although it has greatly improved our lives and made our activities simpler it has also introduced negative aspects that lead to the development of stress. For instance programs and advertisements aired on our televisions are filled with violence which is viewed as eye catching and therefore tolerable. However, the violence has natured aggressive attitudes in children that are emanated in form of delinquent behavior in their teen lives thus developing stress from the prejudice and seclusion they receive from the community. Their parents too suffer from stress because of worrying about the safety and attitudes of their children. The community is also stressed by the menace of these teenagers. Many of you may be asking how stress can be managed especially with the little time that we have for ourselves, because most of our time is consumed by education and work. Worry no more because I have a solution that is easy to adapt to, access, simple to use and thus demands little effort from us; listening to music. My interest for music begun from childhood, whenever I was moody or angry I would lock myself in my room, turn the volume of my radio full blast and enjoy the tune of the music. Well this did not last for long because as you have all guessed I had to turn off the radio, orders from my parents, but the short period that I listened to the music did wonders because my anger subsided leaving me in a calm state. I can also attribute my success to music since while listening to its beats my concentration increases and thus develop ideas that will be beneficial to my life or solutions to problems that were disturbing me. Therefore, I am able to manage stress and its attributes (Chekitan & Schultz, 2005). Conducted research and studies have shown that music as a product is customer oriented because it portrays many benefits into our lives and acts as solutions to some of the demises that we suffer from. For instance today medical practitioners are using music to treat cancer patients whose treatment methods are painful and thus the patients require a relaxation factor to withstand the pain. Music is also used to treat children suffering from Attention deficient diseases (ADD) because it gives them a sense of belonging and increases their concentration, pain management, promote patients movement in wards as they will be tempted to move by the beat of the music, calm down patients, lower blood pressure, boost immunity and ease muscle tension for both the patients and medical practitioners (Laermer & Simmons, 2007). Music also penetrates into the brain cells stimulating the development of a brain wave whose resonance is in accordance to the tempo of the music. Music that contains fast, sharp and strong beats increases the concentration of the listeners thereby increasing their focus and thinking capacity. On the other hand music that constitutes slow beats results to the development of a calm state which has meditative therapy on the listeners thus relaxing them. Moreover, the ability of the brain to create different types of wave resonance is long lasting thus helping to manage stress. This is because these different brain waves also produce positive impacts onto the other parts of our bodies, for instance relaxation decreases breathing rate and heartbeat rate therefore reducing the chances for development of a chronic disease such as cardiac arrest. In the process havoc stress related responses are curbed because a positive state of the mind is maintained as the listeners develop an optimistic attitude. Furthermore, depending on the tempo of the music the relaxation soothes listeners to sleep a condition that eliminates stress, depression and anxiety effects (Kotler & Keller, 2005). Music also helps to improve the performance of students in class because the prominence of its beats eliminates environmental factors which distract the attention of students causing them to occasionally fidget and increase their desire to stand up and move around. This is because the repetition of the music beat contributes to the relaxation of muscles which reduces the hyperactive nature of the students thus increasing their focus on what they are learning. Music has also proved to be beneficial while exercising. This is because music helps the exerciser to concentrate on what he is doing as all the external factors that may contribute to his distraction are eliminated. Also the relaxation effect that the music creates reduces the strain that the exerciser may feel thus increasing his exercising capacity. Music also arouses psycho motor sensations improving the exercisers motor coordination (Barlon, 2006). Furthermore, there are many types of music that can suit the desires of everybody whether old, young, professional, rich or poor. Music as a product provides a wide range of selection that can be used to achieve certain benefits. The ability of music presenting a choice to its listeners proves that it is market oriented this is because people can change the type of music they are listening to suit a particular occasion. For instance when lifting weights music that contains fast and sharp beats should be used to help the exerciser increase the tension of his muscles and thus comfortably lift his weights. Contrary to this if slow music is used the exercisers tends to get tired quickly because the weights feel heavier due to the relaxation effect of the slow music (Silk & Harvard Business School Press 2006). The price of music is cheap because the benefit it prevails outweighs its monetary value. Listening to music is therefore affordable because little money is contributed to access music and listening devices. However, this is only done once because one remains with the music and the equipment thus will not need to contribute more money if he wants to listen to the music again. Moreover, the attention and energy needed to access music is little and in fact it is perceived as one of the music benefits because it increases the concentration and focus of the music seeker. Furthermore, the time spent when purchasing music is so little because music is sold by many people therefore, it is not a rare commodity. Also music is well classified and thus one cannot waste a lot of time looking for the type of music he/she desires to listen to (Sandhusen, 2008). Music is easily accessible because it can be found everywhere and there are so many devices that have been developed to aid in the simplification of attaining and storing music. Music can now be found in stores, online, itunes, mp3 sharing, ipods, from the television and the radio among other places. Thus people can enjoy the benefits of music without waiting for long periods of time because music is not located in a distant place that one needs to travel to purchase it or needs to wait for its delivery (Barlon, 2006). Media agencies are also promoting the benefits of listening to music by educating and advising people to seek this mechanism especially when under stress. The exposure on the benefits attained from listening to music that the media has done has increased the attention of many who have resulted to the conduction of research and studies that prove my contention to be true. This has also led to the establishment of music therapy a discipline that has now gained popularity as it can be used in all industries whether administration or medical. Furthermore, information about music therapy can be easily accessed online where the process used to perform music therapy, the cost of attaining these services and the location where these institutions can be found is well expressed and is in a language that is easily understood. Furthermore, music can be perceived as a universal language because music is globally listened to therefore, each one of us acts as an advertising agent for music influencing other people to start listening to a particular type of music in an attempt of attaining the same benefits (Barlon, 2006). From the above it is quite clear that listening to music can prevent the occurrence of negative stress related attributes such as suicide attempts, heart failures, loneliness and the pessimistic attitude among others. Therefore, everybody should make listening to music their hobby or increase the time they dedicate to this precious life extender and health maintainer mechanism. However, we must remember that although the power of music is good and results to unimaginable wonders to attain this, one must intelligently choose the right type of music to listen to at a certain time or occasion and use effective measures for instance while exercising low volume of the music is required to prevent further distraction of exerciser. Therefore, I would encourage people to listen to music which is productive and whose meaning or concept can easily be understood. Word Count: 1499 Reference List Barlon, K. (2006). The Concept of the Marketing Mix. Presentation on Marketing Management, 1, 2–7. Chekitan, S. D. & Schultz, E. D. (2005). In the Mix: A Customer-Focused Approach Can Bring the Current Marketing Mix into the 21st Century. Marketing Management, 14(1). Kotler, P. & Keller, L. (2005). Marketing Management. Upper Saddle River, NJ: Prentice Hall. Laermer, R. & Simmons, M. (2007). Punk Marketing. New York: Harper Collins. Sandhusen, R. (2008). Marketing. 4th Edition. Hauppauge, NY: Barron’s Educational Series. Silk, J. A. & Harvard Business School Press (2006). What is Marketing. Watertown, MA: Harvard Business Press.

Ethical and Socially Responsive Business essay

Ethical and Socially Responsive Business essay Ethical and Socially Responsive Business essay Ethical and Socially Responsive Business essayThe Cheesecake Factory, Inc. is a restaurant company and a nationwide distributor of cheesecakes. The company operates a chain of 175 full-service restaurants, several facilities for producing bakery and offers bakery-based menus under licensing conditions to other restaurants and food service operators. The company was founded in 1978 by David Overton, and went public in 1993. In 2011, the Cheesecake Factory, Inc. started its international expansion. Currently the companys restaurants are located in Dubai, in the UAE, in Kuwait and in Saudi Arabia. However, the major part of the companys restaurants are located in the United States.Ethics, compliance and corporate social responsibility are highly important for Cheesecake Factory, Inc. The companys viability strongly depends on customer satisfaction and engagement, and therefore it is essential for the Cheesecake Factory, Inc. to have a clear code of conduct for all employees. It is essen tial that the code of conduct is shared and that employees consistently adhere to this code. Furthermore, being an international company, the Cheesecake Factory, Inc. should pay attention to being sustainable and to being socially responsible. CSR is nowadays a critically important component of a business model (Asongu, 2007) and therefore the Cheesecake Factory, Inc. should incorporate CSR into its strategy in order to remain competitive. Key areas of the code of conduct that are of significant importance to businessThe Cheesecake Factory, Inc. has two documents formulating the companys values and rules of conduct. The Code of Ethics and Code of Business Conduct is a document that applies to all company employees, affiliates, subsidiaries and members of the Board of Directors. There is one more document named the Code of Ethics for Executive Officers, Senior Financial Officers and Directors which applies to the respective positions.The former document covers areas that are of signi ficant important to Cheesecakes Factory business. First of all, there is legal compliance which is essential for the companys normal functioning, financial well-being and reputation. The code of conduct also describes the cases when conflicts of interests might emerge; the situations with potential conflicts of interest might have an impact on the companys relationships with stakeholders, financial position (e.g. in the case when business interests are conflicting) or reputation. An essential aspect is working with external parties such as contractors and suppliers in accordance with the companys ethical principles.One more important aspect is non-solicitation of non-company related services or goods by employees of the Cheesecake Factory, Inc. Any attempts of such solicitation will have an impact on the companys atmosphere, might cause dissatisfaction among customers and lead to financial losses and reputation damages. Critically important aspects of the code of conduct are   pro tection of confidential information, protection of the companys stock against insider trading and protection of corporate assets. Key reasons for including these sections are financial reasons   and protecting the companys stock.There are many sections devoted to protecting the companys image and reputation against improper actions, e.g. protection against employees making statements on behalf of the company. Reputation is very important for restaurants, so it is necessary to include measures supporting reputation and customer satisfaction in the code of conduct. Furthermore, the code openly states that employees are expected and obliged to help enforce this code, and explains what is expected from managers and supervisors. These sections help ensure that employees follow and respect the code of conduct.In the second document, the aspects of interest conflicts, non-disclosure of confidential information and compliance with company procedures specific for senior executives are cons idered. Furthermore, the procedures of reporting violations and consequences of non-compliance are considered in this document. Senior executives have more power and more responsibility, and their actions have a greater impact on the company, so there is a need to highlight special conduct aspects in a separate document. Key steps for the company to ensure that employees follow the code of conductFirstly, there should be a system for getting employees familiar with the code of conduct. The code of conduct and basic ethics training should be included in the information set for new employees. Furthermore, it will be best to offer a short ethical review with discussion of practical situations after presenting the code of conduct and learning materials.The second method for ensuring that employees follow the code of conduct is the availability of comprehensive and confidential ethics reporting. It might be helpful to organize a system for reporting the potential violations without discl osing identity and to make ethical investigations without disclosing information about the person who requested the investigation. This system would prevent retaliation attempts and would protect the well-being of responsible employees. The Corporate Ethics Officer and restaurant managers responsible for ethics and compliance should maintain this system.Thirdly, it is necessary to organize semi-annual or annual ethical training sessions for employees. In these sessions, actual compliance cases should be reviewed along with methods of reporting. The importance of ethical behaviors and compliance should be shown during the training sessions in order to increase employee motivation to adhere to the code of conduct. Ways of engaging in socially responsible activities in the communityAs a global company, the Cheesecake Factory, Inc. should contribute to the communities in which it operates and act in a socially responsible way. In general, it is possible to identify three types of corpor ate social responsibility: environmentally responsible activities (also referred to as sustainability), ethical labor practices and philanthropic activities (investing into local communities and nonprofits) (Sims, 2013). Each of these categories of CSR can be used to benefit local communities.For the Cheesecake Factory, Inc., the following types of socially responsible activities are recommended. In terms of sustainability, the company could practice organic sourcing and purchase ingredients from local farmers and communities producing organic food. In terms of ethical labor practices, the company could provide better working conditions for its employees, cover their healthcare insurance and offer additional benefits allowing them to keep work-life balance such as flexible schedule, baby care facilities, etc. Such changes will improve well-being of employees of Cheesecake Factory, Inc. and will have positive impact on the communities.In terms of philanthropic activities, the Cheesec ake Factory, Inc. might collaborate with community organizations striving for healthier life, sponsor projects and activities of such organizations. For example, the company might offer healthy menus, sponsor runs and fitness activities in the community and market healthy way of living to its customers. All above-mentioned activities will help make the company more efficient and will improve its reputation and popularity, therefore making the company more financially viable as well.

buy custom Peter Blackmore Information Technology essay

buy custom Peter Blackmore Information Technology essay Peter Blackmore, a head of high-end hardware sales was set up to fail from the very beginning because new computer systems started working immediately he was fired by Palo Alto, a computer and printing company based in California. Hewlett-Packard CEO Carly Fiorina confirmed this at a conference in banc of American scurrilities at San Francisco. In Peter Blackmores era, an unacceptable execution occurred in HP while shifting to new costumer systems that were meant to facilitate the processing of orders and management of supplies for servers and storage products. Firing Peter Blackmore as a result of the debacle in the system installation was a bad thing for him but a good thing for the company as it was a damage control tool and an assurance to its investors, customers, board of directors and its employees. The HP Companys good image was starting to get ruined because a customer among the many others was testifying about the better services Dell Computer Corporation was offering. Chris Lopinto, a CEO of Hillcrest Technologies in Patchogue New York also complained about the server he got from HP 8 months after he ordered it and it still had not been preinstalled with the operating system it was meant to have. The company would risk losing its customers if its competitors made a step of visiting HP customer sites and urged to meet the complaining customers and convinced them into striking a deal where they would offer them with high end hardware business with promises of timely and error free sales order. Its common that if we want something done, we better do them ourselves. Carly Fiorina should have gotten involved in the order-processing project in order to show his dedication towards the IT change as this would restore full confidence to Hewlett-Packard fraternity. This would make him appreciate both successes and failures emerging from that department because firing an employee for not delivering and more, so failing to give the same employee a second chance is not the way forward. Her involvement would also remove political barriers, organizational roadblocks and vendor related issues in its goal to thwart competitive threats. Buy custom Peter Blackmore Information Technology essay