Borderline Personality Disorder And Mental Health Disorder

Borderline Personality Disorder There are many disorders in our world that affect us every day. Some of these disorders can be manageable by simple changes in daily activates and others need extensive treatments and yet will never be â€Å"cured†. Borderline personality disorder is one that affects a person so radically that the person may consider suicide or even commit it. Extensive therapy and even sometimes drugs are needed to lead a healthy life. BORDERLINE PERSONALITY DISORDER (BPD) is a mental health disorder that affects how a person processes information and his or her ability to understand and cope with different social situations. (Dolecki, 2012) People who suffer from BPD don’t really understand the ways of relationships (friends, family, intimate). They see concrete ways and barely see the abstract of society. They are not very reliable or dependable and have problems keeping jobs, friends and even paying bills. â€Å"People with this disorder are usually impulsive and do not always make thoughtful decisions†. (Dolecki, 2012) Emotions can rage through the person which can confuse them to think that they possibly are Bipolar. There are many symptoms that can be expressed in a person who has borderline personality disorder. The symptoms can be general with things such as mood and emotion swings, impulsive acting, low self-esteem, and outbursts. Many of these are common signs of teens going through puberty, but if they are the signs of a person withShow MoreRelatedBorderline Personality Disorder And Mental Health Disorder1726 Words   |  7 PagesBorderline Personality Disorder â€Å"What does borderline personality mean, anyhow? It appears to be a way station between neurosis and psychosis: a fractured but not disassembled psyche. Though to quote my post-Melvin psychiatrist: It s what they call people whose lifestyles bother them,† (Kaysen, 2014). Borderline personality disorder is a very serious mental health disorder and it has been around for many years. It is, like the quote says above, people whose lifestyles bother them. They don’t haveRead MoreBorderline Personality Disorder Is A Mental Health Condition1089 Words   |  5 PagesBorderline Personality disorder is a mental health condition that affects how an individual is able to think and how they may feel about themselves or others. These thoughts are severe enough that they can become problematic is a person’s day-to-day functioning or impact personal relationships they may have. Its general onset is early adulthood and may become better with age. With this type of personali ty disorder, the affected individual has an irrational fear of abandonment and has a difficultRead MoreBorderline Personality Disorder And Mental Disorders844 Words   |  4 PagesAs stated previously, Borderline Personality Disorder is misdiagnosed for possible several reasons. One reason co-occurrence, individuals may come into the therapist office complaining about depression, and not bring up the signs that are associated with Borderline Personality Disorder. Therapists are unaware and only treats the signs of other mental disorders. The common misdiagnosis symptoms are seen in bipolar, antisocial and substance abuse. According to SAMSHA, early detections and interventionsRead MoreDiagnosis and Treatment of Borderline Personality Disorders Essay1197 Words   |  5 Pagesdiagnostic process for personality disorders currently covers a broad scope of various tests and symptoms, causing a source of frustration for psychiatrists (Aldhous). The symptoms and side effects of several personality disorders can tend to blur together, making diagnosis challenging (Aldhous). Most psychiatric patients are diagnosed with several personality disorders at once, with twenty percent of people with personality disorders simply diagnosed with a â€Å"personality disorder not otherwise specified†Read MoreBorderline Personality Disorder1206 Words   |  5 PagesMental illnesses can affect a wide range of people and they do not discriminate. This is shown in the movie, â€Å"Girl, Interrupted,† which was directed by James Mangold. The movie is based on the memoir by Susanna Kaysen. Susanna Kaysen was d iagnosed with borderline personality disorder and spent a period of eighteen months in a psychiatric facility. The movie is based in a mental hospital, in the east, during the 1960s. After the main character, Susanna, attempts suicide, she admits herself intoRead MoreAnalysis Of Silver Linings Playbook1373 Words   |  6 Pagesexperiences bipolar disorder. Pat Solitano was required to stay in a mental institution for eight months, due to almost beating his wife’s lover to death. After his court-ordered stay, Pat moves back into his parent’s home. In Pat’s quest to recouple with his wife and reconstruct his life, he meets Tiffany, who has borderline personality disorder. Throughout the film, an unexpected bond begins to form between the two individuals, as they are able to help each other cope with their disorders. Throughout theRead MoreBorderline Personality Disorder Essay example1013 Words   |  5 Pages Borderline personality disorder (BPD) first got its name because researchers thought it was in the middle of psychotic illnesses and neurotic disorders (â€Å"Treating borderline personality disorders,† 2010). Scientists think there is a direct correlation with the receptors in the brain responsible for â€Å"opioid† transmission and the behaviors demonstrated by people with the disorder (Bandelow, B; Schmahi, C; Falki, P; Wedekind, D., 2010, pp. 623-636). Symptoms of BPD include â€Å"interpersonalRead MoreBorderline Personality Disorder ( Bpd )1618 Words   |  7 PagesBorderline Personality Disorder (BPD) Borderline Personality Disorder Borderline personality disorder is defined in the DSM IV, a manual used by psychiatrists to diagnose all mental disorders, as an AXIS II disorder which has symptoms of impulsively and emotional dysregulation (Livesley 146). A person with BPD have feelings of abandonment and emptiness, and have frantic efforts to avoid abandonment, going to extremes to keep someone from leaving (Burger 300). He or she is emotionally unstableRead MoreBorderline Personality Disorder ( Bpd )1484 Words   |  6 PagesBorderline Personality Disorder is one of the many serious mental conditions that is challenge to the individual suffering as well as family, friends or co-workers. Borderline personality disorder (BPD) is known by impulsive behavior and instability, self-image and personal relationship issues. Individuals suffering from BPD may experience many of these symptoms listed in the DSM-V, â€Å"inappropriate, uncontrollable or vehement anger, chronic boredom or feelings of emptiness, extreme effo rts to avoidRead MoreEssay on Borderline Personality Disorder1604 Words   |  7 PagesBorderline personality disorder is defined in the DSM IV, a manual used by psychiatrists to diagnose all mental disorders, as an AXIS II disorder which has symptoms of impulsively and emotional dysregulation (Livesley 146). A person with BPD has feelings of abandonment and emptiness, and has frantic efforts to avoid abandonment, going to extremes to keep someone from leaving (Burger 300). He or she is emotionally unstable and forms intense but unstable interpersonal relationships. They show impulsive

Sony and Marketing Free Essays

string(107) " the conception of the tape recorder, and the first pocket-sized radio, developed for changing lifestyles\." The primary concern or objective of marketing is to identify and satisfy, or exceed the changing needs of customers. In view of this broad concern of marketing, it can be seen that the concept of marketing encapsulates many activities in a business. Marketing, in fact, refers to any activity undertaken by a firm that has been designed to plan, price, promote and distribute ideas, goods and services to target markets. We will write a custom essay sample on Sony and Marketing or any similar topic only for you Order Now These marketing activities were executed in order to create exchange, that is sales, that will result in the achievement of the proprietors’ individual goals and the firm’s goals, both in the short-term and the long-term. It is then obvious that marketing forms an integral component of any business’s operations. In particular marketing activities attempt to increase a firms’ revenue base, by placing an emphasis on enticing potential customers in target markets to purchase the firms’ products in order to satisfy their wants, rather than those of firm’s competitors. Consequently, the marketing directly contributes to the attainment of the financial goals of the firm. Hence, the success of a firm is reliant upon the extent to which it is able to identify, and satisfy or exceed the customer’s needs more effectively and efficiently relative to its competitors vying for the same markets. Marketing as an activity that entails several features, all of which are presented during the course of the marketing process. Such features include, firstly and most importantly, that marketing is a comprehensive process that begins with the creation of an idea and ends up as product that will be sold to satisfy a customer’s needs. Secondly, marketing is seen as a managerial process as it involves making managerial decisions about the particular mix of product, price, place and promotion in a firm. Furthermore, marketing involves managers planning and ensuring that particular sequenced activities are carried out, in order for the marketing plan to be successful. Finally, marketing is perceived as a way in which firms are able to satisfy the needs of customers, and in turn achieve their own business goals. Marketing provides the business with the ability to satisfy the changing wants of customers. In light of this, and the fact that businesses have become increasingly aware of the role that marketing plays in achieving success in the business, several approaches or philosophies to marketing have developed. There are five central approaches to marketing, with the use of a specific marketing approach/s depends upon particular business’s marketing strategy and the type of product being marketed. These different approaches are: Marketing Concept: this approach believes that customer’s want-satisfaction is the economic and social reason for an organisation’s existence. This approach stipulates that all of the business’s activities should be targeted towards meeting consumer wants, while at the same time meeting the organisation’s goals. In effect, this approach requires that the firm finds out what the customer wants, and subsequently develops a product to meet these requirements and then sell it at a profit. Production Concept: this approach states that the business will sell its product if it is both well made and affordable. Businesses utilising this approach require management to focus on improving production techniques and cost structures of the business. Consequently, this approach does not place emphasis on customer want-satisfaction. Product Concept: this approach has the attitude that ‘product is king’ and focuses on the quality, features, and performance of the product. This approach believes that if the product has more features or is of a better quality and performance compared to competitors, it will then gain greater sales. This approach is not customer want-satisfaction oriented. Selling Concept: this approach focuses on developing sales techniques and promotional activities in order to entice customers into buying an organisation’s product, whether they want it or not. Therefore this approach places direct emphasis on customers, but, possibly not on their want-satisfaction. Societal Marketing Concept: this is the latest marketing approach, it combines the main ideas of the marketing approach, that is, determining customer needs and satisfying the business’s goals, but also integrates social responsibility into the business. This social responsibility includes increasing environmental awareness, which may include tackling the problems of pollution and the exploitation of non-renewable resources. Modern day businesses are under pressure to adopt this marketing approach, in order to become more socially responsible. This approach not only focuses on fulfilling the customer’s want-satisfaction, but also satisfying society. The electronics firm, Sony, has expanded its operations from its establishment in 1946 in a ‘bombed out department store’, to become one of the world’s largest and most influential electronics firms. Sony, has furthermore, developed a worldwide reputation, as one of the worlds most innovative and technologically advanced firms. Its success can be attributed to several internal factors, which include, the freedom of workers to experiment, the passionate decisions of management, the established corporate culture, and also particularly to the marketing approaches that top management has integrated into the firm since its establishment. The leaders of Sony, from its founders to the present-day management, have encouraged their product designers to express and prove their individual visions about the development of new products to the firm, as with the Sony Walkman. In fact top management has been ‘willing to join the creative fray’, which has lead to the development of a cohesive firm with a corporate culture. This management style prompted the development of premium quality, unique, and futuristic products, and along with the establishment of a strong corporate culture, formed the basis of the firm’s competitive advantage. These aspects gave rise to adoption of several marketing approaches during the course of Sony’s life cycle. During Sony’s period of establishment the marketing approach was the key approach, since the initial management of Sony decided that the only way to succeed was to discover a new form of technology and develop a product from it, which would satisfy the wants of customers. This was evidenced by the conception of the tape recorder, and the first pocket-sized radio, developed for changing lifestyles. You read "Sony and Marketing" in category "Essay examples" This approach has continued and still practiced today as signified by the recent development of the following products, the Walkman, the Handycam, the Discman, all of which are regarded by millions of customers as products that represent a way of life. The marketing approach was influential in the marketing of the Walkman, such a concept originated from a want of customers for a small, portable, tape/radio player, to replace the large, inconvenient players of the era. Sony identified this customer-want, and the Walkman was introduced, and heavily marketed, and in turn, became one of! the firm’s most successful products. In addition Sony has realised that consumer-want for electronics is apparent in all age groups and as such, it has developed several products for different markets, for example, ‘My First Sony’ was introduced for a younger target market. Another essential marketing approach for Sony has been the product approach, unlike other firms in Japan; Sony prides itself in producing products which have incorporated unique plastic appearance and futuristic features with superior quality, and affordability of price. These concepts have ensured that Sony’s sales have outstripped both domestic and foreign, including Western, competitors. In fact, Sony has upheld these concepts, in regards to their products, to the extent that they cancelled the production of a new television, simply because a rival had placed a similar product on the market. Coupled with the product marketing approach has been the design of products, which is a major feature in the marketing strategy of Sony, this is evident with the Sony Playstation, which has been carefully designed and uniquely developed for the younger target market. In the future, with the dawn of the digital age, Sony must place greater emphasis on the product marketing approach, to achieve sales, if it wishes to maintain its market edge. This requires, Sony, embracing advanced technology in the manufacturing of its products. The managers of Sony have realised the dilemma, that due to the speed of technological advancements, the products Sony releases today will become obsolete rapidly. Therefore, Sony is continually, incorporating innovation achieved via extensive research and development, to improve and expand upon its products to make them superior to competitors. This approach has lead to the development of several 21st century products to be used to dominate the future electronics market; these products include a portable head-mounted video player, a DVD player, and a new-generation computer. The final approach to marketing by Sony has been the selling approach, Sony, as a multinational firm, has earned a reputation worldwide as being a superior producer market leader, in regards to electronics products. The size of the company allows it to promote its product on a larger scale than that of many of its competitors. Potential customers are enticed to purchase the firm’s product, even if they do not need it, by the array of commercials, catalogues, and other methods, which portray Sony product’s as being superior. Further, the appearance of Sony’s products is heavily marketed as being state of the art, everyone is aware of the black, sleek, elegant, and futuristic appearance of the Sony the products. Sony is a successful international business as it has grown to become one of the world’s largest and most influential electronics firms, due to its ability to meet consumer-wants worldwide. This influence over the market is evident as domestic and international competitors wait for Sony to initiate a market trend via the introduction of a product, and then duplicate this, so as to benefit from Sony’s success. Furthermore, Sony has come to possess a worldwide reputation, which rivals those of the other multinationals, like Nike and others, a reputation which has made Sony and its products synonymous with quality and superiority in electronics. Sony’s is also seen as internationally successful as it has entered many export markets in the world, including Australia, Sony also has established several headquarters in different parts of the world, including America and Europe, which is a testament to its international success. This worldwide status has enabled Sony to discover chan! ges in consumer wants, new product ideas, and the success of different marketing approaches worldwide. Sony’s international success can be attributed to several internal factors, these in the passionate decisions of management, in that they allow the product designers the freedom to experiment and develop the ideas that may lead to a breakthrough for the firm. Further, Sony’s success can be attributed to the establishment of a strong corporate culture in the firm, which allows the goals of the firm to be achieved, as managers have ensured the everyone is able to focus on the overall picture of the firm. Sony’s integration of marketing approaches is another keystone to the firm’s international success, as the simultaneous use of the strategies has allowed the firm to better satisfy customer wants, and in turn better achieve its own goals. This success can be attributed, largely, to the role of product marketing in the business, the attitude that ‘product is king’ has allowed Sony to develop a general direction in which the firm is headed. The use of product marketing has resulted in Sony being able to, use different methods, such as market research and RD, to discover the wants of customers, and in turn develop products to satisfy these wants, all of which has enabled Sony to gain sales and become successful, internationally. Product marketing has also allowed Sony to maintain its edge in the electronics market. As Sony’s designers are using the market approach to continually develop, improve, and expand upon their products to meet the changing customer needs, this coupled with large-scale promotion of the product, itself, has allowed Sony to maintain its competitive advantage. This approach has also meant that any perceived problems with the products can be easily identified and corrected. Finally, the empha! sis on product marketing has allowed Sony to develop products which are encompassing the ‘technology of tomorrow today’ allowing, Sony to maintain its success well into the future. How to cite Sony and Marketing, Essay examples

Principles of Care free essay sample

Ultimately, dignity is the idea that human beings are different from animals. Equality: Equality is the current term for ‘Equal Opportunities’. It is based on the legal obligation to comply with anti-discrimination legislation. Equality protects people from being discriminated against on the grounds of group membership i. e. sex, race disability, sexual orientation, religion, belief, or age. Respect: Respect is an important way of being kind and good to other people. Respect means not making fun of others. Respect means thinking of how somebody else feels. Respect is treating another person the same way you’d want to be treated yourself. Fairness: An example of fairness would be while playing a game. It’s fair when everyone plays by the rules of the game. It’s unfair when someone cheats. When that person breaks the rules, it gives them an advantage over the other players. If a rule-breaker wins, it’s not a fair win. We will write a custom essay sample on Principles of Care or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Everyone should have an equal chance. Privacy: Privacy may be defined as the claim of individuals, groups or institutions to determine when, how and to what extent information about them is communicated to others. Privacy is your right to control what happens with personal information about you. If a person turns to an organisation for help, they do not lose their rights unless in danger to themselves or others. People’s right should and do not change because of a disability, mental health or the fact that they are using a help service. It is a professional’s role to ensure a supportive relationship is developed, for the benefits of the service user. They should also be aware to respect their values and beliefs and protect their rights. To gain a relationship from a service user it is important that there is a connection, the professional must make sure they understand their boundaries and that the relationship stays within them. Core Principles of care: The core principles of care are dignity, equality, respect, fairness and privacy. Build effective relationships: The adult should always be at the centre of the planning. They should be listening to and their methods of communication are respected. There must be a respect for culture and believes, respect for lifestyle and choice and recognition of need. A service users preferences should be taken into account and where relevant, confidentiality must be maintained. To build a supportive relationship abiding by the core principles include using good methods of communication, for examples if an individual is deaf, consider using sign language. Respect for culture and beliefs are vital, if a service user is a Muslim, they should not be preached or treated differently in any way. Recognition of needs is also essential, if an individual is in need of something and does not receive it, the core principles have been broken. Working practices: Working practices are person centred. Person-centred practices are focused on the lack of personal history records. Using face to face communications, carers worked with people to develop ‘life story’ books to fill the gap in their lives. This shows inclusive practice, which is anti-discriminatory. It is aimed at empowering individuals. In a safe and secure environment people are encouraged to share information appropriately. This is then shared, with their permission with other who cares for them, which works towards a better service for them. Supportive practice: To achieve supportive practice you must use a humanistic approach and ensure that you empower, promote rights and give choices. You should use preferred methods of communication to include all, meeting needs, across health, social care, mental health and special needs. You must be responsive to needs. To build a supportive relationship abiding by the core principles include using good methods of communication, for examples if an individual is deaf, consider using sign language. Respect for culture and beliefs are vital, if a service user is a Muslim, they should not be preached or treated differently in any way. Recognition of needs is also essential, if an individual is in need of something and does not receive it, the core principles have been broken. A needs assessment encourages supportive relationships to reduce the risk of abuse and neglect, a demonstration of a needs assessment is as follows: Needs assessment is the key to ensuring that the required range and capacity of services is available and accessible to service users and their families in a local area. A good need assessment process will: * identify the needs of a target population in a particular area; * help to prioritise those needs to ensure better planning of local services and more effective allocation of resources; * Develop an implementation plan that outlines how identified needs will be addressed. The outcome of a needs assessment should be that service users and their families have their individual assessed needs met, or met more effectively. Where appropriate, it should also address the needs of families or carers. Another example is a care planning cycle, the object of a care planning cycle is to identify service users’ needs and to enable all staff having contact with that service user, directly or indirectly, to have the information they need to support the service user which they consider to meet their needs the best. The stages of care planning are: * Assessment * Documentation * Development * Choose * Plan * Record * And review Composing a care planning cycle is the process by which the care service gathers information about the service user with a view to identifying their abilities and needs. Establishing abilities is critical in help avoiding complications. When composing the cycle it is as important to identify and record abilities to stand alongside the possibly more obvious needs, in order to assist the service to develop a fully supportive and effective set of care plans. There must be tractable evidence of the care planning cycle, monitoring evaluation and outcomes in relation to the social, physiological, physical and health needs of the service user * Only record real evidence of planning for purposeful action taken by any people who offer care, support and service to meet the individuals preferences and needs * The information that is documented must be factual, informative, useful an d not an opinion * Is it essential that all staff involved in the care plan and support read the care plans, and know the details of the programme in order to deliver care and support which is designed by a person who is knowledgeable and competent in assessment and care planning to meet service users’ needs * Care plans must provide evidence of the use of all the information gathered during the assessment and composing the care cycle. Building effective relationships: Relationships of all kinds are often perceived as delicate things that require effort to maintain. Building an effective relationship is a necessity for some reasons. For example in an organisation the wellbeing of a person depends on how effectively that organisation works. Society is defined as a web of relationships which requires all people to work and contribute together in order to achieve a goal. Having a relationship that is good, where cooperation and respect are kept, can make society work better. Und erstanding an individual’s feelings and their position creates an effective relationship. It is crucial to listen to the party; this would make them feel importance has been given. Effective relationships require service users to express their feelings and their position on all matter pertinent on the relationship. Assuming that the individual understands our needs and give us when we need it without asking for it is not a good practice. If we are willing and capable of listening to others, we will find it much appreciated by the service user, some professionals are unaware of how much they dominate a conversation. If we value someone’s rights we will not take pleasure commenting on their failures or problems. This will weaken a relationship. Healthy effective relationships should be built on a degree of detachment. Detachment does not mean â€Å"not caring†. Often when we develop a strong relationship we expect a person to behave in a certain way. And if that behaviour rule is broken we could invade an individual’s personal space and possibly belittle them. Promoting effective communication and relationships: Communication is an important aspect in maintaining a good relationship. While some communication may be guarded, other communication is of a higher quality. It is important to have a positive self imagine, as a poor self imagine can cause miscommunication such as mistaking comments due to low confidence. If you make your own desires knows. Not only will you become more effective in communication, but you may make a hint that it is all right for the service user to communicate their desires too. It is important to listen effectively. This involves body language as well. You could be listening but if you fidget or look away it may send signals that you’re not listening. It is important to make sure you’re able to have a normal conversation with the individual too, make sure you tell them what you’ve done that day and what your plans are for the rest of the day, what’s made you happy, angry etc and vica versa. By sharing your inner self, you will be promoting opening up and the service user will feel comfortable to open up too. Support openness by not being judgemental. Being judgmental of a service users expressed through may make them feel belittled or make them not want to open up. You are able to be honest about your reaction to expressed thoughts, but focus on the positive and use a positive tone in your response to promote effective communication. Providing individualised care for their own rights and responsibilities: Individualized care is considered an important indicator of quality care. Knowing the service users has been described as the process by which we come to understand the individual’s experiences, behaviours, feelings and perceptions to individualize their care. REFERENCES: BTEC level 2 Health and Social Care, Elizabeth Rasheed, Alison Hetherington and Jo Irvine

Examining a Business Failure

Examining a Business Failure Introduction It is the wish of all business organizations, both big and small, to succeed in whatever activities they undertake. Traditionally, all for-profit organizations endeavors to realize improved financial performance, maintain solvency, consistently retain, and increase their capital and client bases.Advertising We will write a custom essay sample on Examining a Business Failure specifically for you for only $16.05 $11/page Learn More However, various factors, either internal or external, can cause business failure in a given segment of an organization or even the entire organization. This research paper explores a business failure that occurred at Chrysler Group LLC in 2009. The paper aims to describe how organizational-behavior theories could have predicted or explained the company failure. It also compares and contrasts how leadership, management, and organizational structures contributed to the failure. Organizational-behavior theories that can p redict or explain a company’s failure Chrysler Group LLC is an American multi-national automobile maker with its headquarters in the Detroit, suburb of Auburn Hills, in Michigan. It was positioned as Chrysler Corporation in 1925 under the leadership of its founder Walter Chrysler. In 2009, Chrysler LLC slipped into bankruptcy and on April 30, 2009, filed for chapter 11-bankruptcy protection from which it emerged on 30 June 2009 after collaborating with the Italian automaker, Fiat (Isidore, 2009). Typically, a well-established business organization like Chrysler Group LLC is run by a management team consisting of senior officials like CEOs and senior financial managers, board of directors, and internal and external auditors. All of these players actively take part in the decision making processes of an organization regarding all of its aspects including human resources management, production, marketing, financial management, and corporate social responsibility (CSR) among othe rs.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Even though, there is a tendency to hinge a company’s future success on the shoulders of the CEO, each of the above-mentioned key players is supposed to play his or her part in order to safeguard the future success of the organization. Concisely, a company’s success or failure can be determined by the role played by its key decision makers during a definite period. Former Chrysler Group LLC board of directors failed to play their role effectively or professionally. They over relied on the leadership of CEOs as the principal key to the company’s future success especially during the early years of the 21st century. Even though, the CEOs of an organization play a critical role in guiding an organization along the path of success, they cannot run an organization singlehandedly. The necessary input of all relevant senior stakeholders is a requisite for success of an organization. Chrysler’s board of directors was wiling to approve exorbitant salaries and bonuses for its CEOs at the expense of the corporation’s ability to pay its debts. Moreover, the board of directors did not consider the company’s ability to continue remunerating its other workers and remitting their employment benefits. The result of this trend was an abnormal accumulation of debts, which nearly pushed the 85-years old automaker out of the market. Fortunately, the company was saved from an inevitable liquidation by Obama’s administration bail out and a successful merger agreement with Fiat. Financial managers viz. internal and external auditors, bear the greatest blame for the failure of the Chrysler Group LLC because they aught to have raised a red flag for other stakeholders following the evident accumulation of debts. In any case, the inability of this category of officials to provide relevan t financial information to the board of directors and the CEOs should have pointed to a possible company failure in the future. Apart from providing key decision makers with reliable financial information on which they can base their strategies, financial officers of an organization should offer reliable insights on how a company should perform in coming days, in relation to possible business and market conditions.Advertising We will write a custom essay sample on Examining a Business Failure specifically for you for only $16.05 $11/page Learn More In short, financial performance of an organization should remain closely monitored under the guidance of the relevant stakeholders including senior financial managers, internal, and external auditors because it is one of the key indicators or pointers to the fate of an organization’s future success. The CEOs and former board of directors of the Chrysler Group LLC probably ignored this fact and hence, the e ventual failure of the company was inevitable given the unfavorable economic conditions of the year 2009. Leadership, Management, and Organizational contribution to the failure Proper and professional management of an organization’s resources, both human and non-human, is central to its success. Leadership, management, and organizational structures provide the needed framework within which control of organizational resources takes place, as well as the running of the day-to-day activities of an organization. These important features of an organization can therefore, contribute to the failure of a company. Chrysler Group LLC leadership, which was expected to emanate from its CEOs and board of directors, similarly failed to find out the cause of the consistent accumulation of debts. They also equally failed to guide the company on how to reverse the trend in order to sustain its solvency. In contrast, one leadership segment, that is, the board of directors, contributed to the f ailure of the company because of its hands-off attitude that left the company’s future success at the mercy of the CEOs who were also unable to avert the eventual failure that befell the company. Both the leadership and management were unable, and/or unwilling, to read possible pointers to possible failure due to the unpleasant debt accumulation that proceeded its eventual slippery into a detrimental bankruptcy. Chrysler LLC’s organizational structures contributed to the failure by failing to unite the CEOs and board of directors into a constant platform, which could foster teamwork needed in the making and approval of all sensitive decisions that guide a company to its future success.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Therefore, the lack of teamwork orientation between the CEOs and the board of directors prevented them from seeing the looming failure from a similar perspective. This, in turn, meant that they did not have an opportunity to put in place the necessary measures at the right time in order to prevent the failure that befell their company. Conclusion All for-profit organizations aim to realize improved financial performance and retain their ability to pay their debts and employees in order to survive in the increasingly dynamic markets. However, that is only possible through able and competent guidance of its leadership and management. The leadership and management of an organization should be able to establish organizational cultures that nurture behaviors, which are congruent to its desire to succeed such as teamwork and professionalism or risk failing to achieve its set goals. Chrysler LLC’s poor leadership, management, and ineffective organizational structures, was its undoin g that culminated into an unfavorable bankruptcy that nearly drove the 85-years old automaker out of markets; but thanks to the federal government bailout, the company remained in the market. Its leadership and overall management failed to read signs of a possible failure; the company‘s financial performance deteriorated as indicated by its adverse preceding debts accumulation but the management was too busy or ignorant to realize it. Reference Isidore, C. (2009). Chrysler files for bankruptcy. CNN Money. Retrieved from https://money.cnn.com/2009/04/30/news/companies/chrysler_bankruptcy/

Top 5 Lucrative Tech Careers You Should Consider

Top 5 Lucrative Tech Careers You Should Consider don’t let the prospect of tedious, isolated computer work dissuade you from exploring careers in it- there are more engaging and compelling options to consider! take a look at this list from aftercollege’s joy miller.   big data scientistas the name implies, this is the big-picture approach to data analysis- you’d be responsible for developing programs and systems to house and investigate data. your ingenuity and creativity will help you identify trends and insightful conclusions, solve problems, and propose areas for growth or company innovation.these positions can pay as much as $188,000 annually, so it’s worth the time and labor-intensive demands of the gig.  computer forensic investigatormake the most of your interest in law enforcement and pursue a bachelor’s degree in computer forensics, information security, or cyber security- you can even get a certification from a computer examiner board. with it, you can help law enforcement and invest igative agencies solve crimes and testify at trial. average salaries can run to $91k.  geospatial analysteven bigger than big data is an analyst that works with global geography and modern technology. where are people living and working and moving, what models can help us predict or analyze their behavior, and what technological resources can help accommodate and address their needs?certifications in geospatial intelligence analytics, cartography, or related fields can help you earn as much as $74k.  software engineerif your degree is in software engineering, computer science, or a related field, chances are you already know about the countless opportunities available to people who can design games, create apps, and write code. whether you find an in-office gig or stay flexible as a freelancing contractor, you could potentially stand to earn as much as $93k.  it consultantthe classic it gig involves finding a company where you’d like to work- based on their products, th eir mission statement, or even just the team you’d get to work with, from a start-up to a massive corporation- and getting your foot in the door. whether you take the late shift or the daily grind, you may earn as much as $94k.

Without Strategies It Is Not Possible to Provide Direction for the Research Paper

Without Strategies It Is Not Possible to Provide Direction for the Construction Companies - Research Paper Example Corporate strategies have been divided into Five Ps by Mintzberg and they are Plan, Ploy, Position, Pattern and Perspective. While each is a separate type of strategy with its attendant qualifications, yet they are usually present in all strategies to some degree. The real difference lies in the fact that one of them will be dominant and others will play a supportive role. (Mintzberg). Markets are heterogeneous and companies, irrespective of size and area of operation, need to remain competitive in order to survive and make profits for their owners. Companies need strategies following which competitive advantage can be gained. Environments have a great impact on companies. The strategy is the reaction or response to these external and internal situations. Ansoff et al (1976) state that, amongst other things, responsiveness to the problems is what strategy is all about. The aggressive response to competition, the sublime response to the customers, the firm but fair response to the managers and workers are but a few ingredients of strategy. Minzberg et al (1998) offer another concept of strategy which is that it acts as a mediation force between the organization and the environment. The strategy is the internal and inherent capacity of the organization to meet and face challenges posed by the environment. There are different responses that formulate strategies and they can be divided into three different prescriptive or narrowed down schools of thought. They are the Design, the Planning and the Positioning schools of thought.

A true story of courage Essay Example | Topics and Well Written Essays - 1000 words

A true story of courage - Essay Example He recommended his wife to undergo a complete medical checkup, to learn the root-cause of all that was happening to his wife. Just a few weeks before her health would start to deteriorate, she discovered that she was pregnant, and was soon going to become a mother. She narrated the good news to her husband. It was the happiest day in the couple’s married life. It felt like the start of a new and beautiful journey. But they were unaware that this good news was soon going to be followed by some very dreadful news that would have an everlasting effect on their lives. Upon her husband’s suggestion, she agreed to undergo the medical checkup. Her blood and urine samples were taken, and the lab reports would take two weeks to get finalized. In the following text, the husband himself narrates his story from the day of lab-report-results on: It was Tuesday. Two weeks had passed after my wife’s medical checkup. The reports were due to be received. I offered her my company to fetch the reports. But she chose to get them herself on her way back from the office. She said, â€Å"I’d prefer to be alone.† She probably said so because she was very tense. She told me to stay at home and pray for her, and so I did. It was afternoon. I had turned the lights off. The darkness felt comforting. I was sitting on the sofa in the lounge with a cup of coffee in my hand. I was too tense to enjoy the coffee. One sip of it tasted bitter, and the other sweet. It felt like punishment. The tension was mounting. It was about time for her to get back. She would be there any moment. I was anxiously waiting for her. Every passing moment felt as long as a year. Waiting had never been my job. I was not used to it. I always tried my best to get things done without waiting for them, but unfortunately that was not the case this tim e. I was too worried, yet optimistic about the results. I hoped