ShantanuT01/DACTYL-Pretraining huggingface dataset:
Introduction Strategy has been looked at by experts in a number of ways. On one hand, it can be looked at as the ‘what’ and the ‘how’ (Whittington, 2002). That is, looking at future aspirations of an organisation then coming up with ways to meet those aspirations. On the other hand, it can be looked at simply as how internal processes interact with external influences (Adcroft and Teckman, 2008). Due to the rapidly changing business and organisational environments, several strategies theories on theory have emerged. However, it is important to note that none of the strategies is applicable to all situations. In fact, more often than not, more than one theory is applicable to one situation. Different strategies work best for different organisations. This paper will discuss “Hustle as a strategy” by Amar Bhide (1986). In this article, Amar Bhide looks at strategy as vigor and hard work. The paper will place the article in its context in the strategy debate. The analysis will also look at the weaknesses and strengths of the article. Based on this analysis, a conclusion or conclusions will be drawn. Position of article in the strategy debate Bhide (1986) makes an important claim for the emergent methods of formulating strategy. In this article, the financial services industry is used to demonstrate how superior execution can lead to better profitability. According to the author, superior execution is always needed and always important. Though the article focuses mainly on the financial sector, other industries like the beverage industry and automobile industry are cited as well. Often, strategies need to vary depending on the industry and situations (Chaffee, 1985; Sterman, 2000). Prescriptive strategies involve planning now for the future. A strict application of these strategies is not possible in some industries owing to their nature. The environments in which they operate are changing rapidly (Eisenhardt and Brown, 1998). Companies must therefore continuously reinvent themselves as they go (Floyd and Wooldridge 2000). The article notes that businesses must continuously acquire new strategies. The author notes that gaining competitive advantage through barriers and innovation is no longer key strategies in the financial services sector. Bhide argues that, due to the nature of the industry, it is no longer possible to use innovation as a major selling point since competitors imitate the innovation sooner or later. However, the relevance of these strategies cannot be overlooked in any industry (Warren, 20
Introduction Amidst the rise of the digital era, physical libraries are finding themselves on a rapid decline. They are in great flux, and their transformation is largely shaped by the shift from the analog age to the digital age. The amount of information that would previously be worth hours of research at a library is now one click away on a mobile gadget. Speed, convenience, and accessibility are the reasons why people overwhelmingly prefer online search over visiting a local library. Some people are convinced that the glory days of physical libraries are over and they will soon have to reinvent themselves or perish. Others, however, are aware of the hidden gems of library experience and convinced that this cultural institution will live on. This presentation argues that despite digital alternatives, individuals should consider using libraries more as they still fulfill valuable functions that are hard to replace. Quality Time For all the advantages of digital devices, we should take their use with a grain of salt. Recent research has shown that excessive use of screen time is intrusive and corrosive to personal relationships (Dennis-Tiwary). A mobile phone that fits in your hand can be a dangerous gadget that controls your attention. It robs you of one of the most fundamental human experiences – being close to other people, looking into their eyes, catching their emotional reactions, and hearing their voices. Tomasello writes that the ability to lock eyes for non-verbal communication was instrumentation to human advancement as species (141). Technology might be evolving fast, but humans do not: face-to-face contact is still essential for cooperation, bonding, and even survival. It would hardly be a generalization to say that almost every person found themselves mindlessly scrolling through their phone when socializing at least once in their life. Perhaps, they wanted to look up useful information but went on social media instead and became captivated by a whirlwind of pictures and posts. Indeed, screen addiction is difficult to tackle because phones do have useful functions. Surprisingly, there is a way to enjoy information search and quality time with friends and family at the same time. Libraries are a perfect place to set out on a journey of exploration
The purpose of this assignment was to collect opinions on the causes of the humanitarian crisis in Syria, emphasizing potential approaches the United States might take in response to the situation. The current conflict between the Syrian government and rebel forces has been ongoing for the past eight years, and civilians are taking the brunt of the damage. Many are dying in indiscriminate attacks from both sides, while others are fleeing their homes to seek shelter in neighboring countries. As the United States, a significant player in the conflict, is currently in the process of withdrawing its armed presence, the opinions of its denizens are of interest. The first person interviewed claimed that the Syrian government was responsible for most if not all issues in the country due to oppressive and inhumane policies. This person deemed the conflict inevitable, stating that even if the state’s forces win the current struggle, the political structure will eventually be overwhelmed by popular resentment. However, the interviewee supported the withdrawal of American troops from Syria, claiming that the United States had invested too many resources in a pointless cause. The individual further expressed the opinion that the current movement had become too radicalized and would not improve the situation if it won. The second person supported the argument of the first responder, citing Assad’s continued oppression of Kurds as an example. However, this person was also aware of rebel atrocities, especially those committed by the radical Islamist segment, and stated that both sides were equally wrong. The interviewee was in favor of retaining a small U.S. military presence in Syria to establish a protected zone, also suggesting that the United States should offer humanitarian aid such as constructing schools and other infrastructure in the protected area in conjunction with more general supply distribution missions that would occur country-wide. The third person blamed the United States for its continued policy of interventionism for the sake of destabilization. This individual claimed that without continued aid by the United States and its coalition, the rebels would have been eliminated soon after the conflict began, restoring order. In addition, the interviewee did not consider Russia’s involvement a valid reason to intervene as the state was working to restore peace quickly and efficiently. This individual was in favor of a complete withdrawal from the conflict, claiming that it would eventually lose momentum and de-escalate. Further suggestions included focusing on closing the routes used to deliver weapons to the combatants as an alternative to active military aid. The fourth interviewee described the humanitarian crisis as an inevitable result of the continuing conflict and refused to discriminate between the differing sides. This person’s opinion was that anyone who would fight for years in the face of conflict that devastated the land and people does not deser
The Bank of America began its business in the mid-20 th century. Currently, the organization has more than 300 branches in the US and 8 branches abroad. As one of the largest banks in the world, the organization is said to be among the most diverse global companies. The article below focuses on the Bank of America with respect to managerial economics and strategic analysis. Through this, the article will highlight on the type of strategic control, organizational structure, and the need to stabilize rewards, culture, and boundaries in the organization. Similarly, the article will highlight on elements of effective leadership exhibited by the managers, bank’s ethic programs, and the bank’s risk management plan. The article also integrates how the economic situation of today affects the strategic decisions made by the company and the managerial economics exhibited in the company. Organization’s type of strategic control The current economic situations in the banking sector are characterized by increased competition and reduced profits. Faced with the above situations and the need to enhance managerial efficiency, the Bank of America has adopted and implemented a strong strategic control. According to managerial economists, an effective strategic control system is an important part of management and a basis for the safe and rigorous operation of financial institutions (Volberda, 2012). With its strong in-house controls, the bank has been able to meet its objectives, meet lasting profitability goals, and uphold dependable fiscal and managerial reporting. For example, the bank’s strategic control comprises of five interconnected features. The features are management oversight and the control principles, risk acknowledgment and evaluation, control activities and separation of duties, information and communication, and monitoring undertakings and amending insufficiencies. An understanding of the above features in today’s corporate structure is very vital because it is a prerequisite to achieving an organization’s operation, information, and compliance purposes The Bank of America’s organizational structure The organizational structure of the bank displays a divisional corporate order. The divisional order is predominant in the diverse service sections of the organization. The sections include retail segment, commercial segment, investing segment, and the asset management segment. For instance, the big segments of the corporate enterprise are separated into semi-autonomous bodies. The smaller segments are apportioned to a specific field of service. Every semi-autonomous segment has a group head. As such, the group head is selected as t
Sharing of information is an essential tool in the society today and of utmost benefit in a business environment. Information sharing refers to exchange of information between individuals or groups of people through various protocols. Today the process of information sharing has been standardized and taken to advanced stages through the use of internet. Here, information is able to be shared in bulk, among many people and within the shortest time. This has further been appropriated by the development of social networks through social sites. Through social networking sites, billions of people are able to form links with one another based on particular interests. When it comes to information sharing, a good social site is the one meets all four information sharing design patterns namely; one-to-one, one-to-many, many-to-many, many-to-one (DePompa, 1999). Today social networking has become an order of the day with emergence of more social networking sites. The most common sites that have received a significant appeal to the masses are Myspace, Twitter and recently Facebook. The first version of Myspace was launched in 2003 with few features. It has since developed with additional of several features to increase its appeal and in 2006; it was voted as the most famous social site in the US based on monthly visits. The new design Myspace has several features that assist the members interact and share a wide array of information. These include bulletins(equivalent of status updates, groups( feature that allows members to have a common page and a board for posting messages, MysoaceIM for instant messaging, MyspaceTV which allows sharing of videos,
In today’s complex environment, control systems have been found as requisite for a company to attain its goals and objectives. For many years, business plans have been taken into consideration while the main focus is how the control systems fit in to the organization’s strategy (Merchant & Stede 5). According to institute of internal auditors, a control system is referred to as any action taken by management to enhance the likelihood that the established objectives and goals are achieved. This paper gives a summary of various aspects that the manager needs to identify in a control system. Control systems comprises of three components which includes, the control environment, individual control procedures and the accounting system. Starting with the control environment, it includes management operating styles, personnel practices used, criteria of assigning authority and responsibilities to employees, the organizational structure among others. Managers should ensure that the control systems put in place in an organization matches the company’s specific needs. This facilitates realization of the company’s objectives since it ensures that the intended activities are done appropriately. A company with strong controls usually has a competitive edge in the market, since its plans of realizing its goals can easily be met. It is also important to note that controls are well integrated in the already laid down processes. This will ensure that, they function in conjunction with the processes, but care should be taken not to affect the already established processes (Merchant & Stede 78). Since the controls are established to facilitate realization of the organizational goals, managers should understand the level of involvement of the staff members in their development since they are meant to guide their efforts in attainment of the company’s objectives. Workers will easily adhere to controls which they have participated in formulation, and also the ones they understand better. Before putting in place controls in an organization, the management should put in to consideration costs involved in rolling out such controls. Managers should carry out a cost benefit analysis before rolling to evaluate their net economic effect. Only controls that results in to a net benefit should be considered. In addition, the management should ensure that the controls provide factual information that is reliable, valid and consistent with the organizational needs (Sandino 48). Workers are likely to resist whenever new changes are introduced in an organization, particularly if they sound ambiguous. Therefore, when formulating control systems, the manager should ensure that they are simple and easily understandable. This will ensure that management doe
The essay critically analyzes the leadership style by Ricardo Semler, Chief Executive Officer of Semco Group of Sao Paulo, Brazil. Generally leadership has been defined as the process whereby an individual has the ability to influence thoughts, ideas and actions of others in achieving a set of preset goals, tasks, duties and responsibilities. In any given organization setup, leadership has been considered to be very vital in contributing to achievement of success. Radical leadership is all about transforming human beings it involves examining and discovering what are possible within an organization. Leaders embracing this style live from a vision of possibility and strongly take a stand to see that the vision is attained. Such leaders are open up thinkers who are capable of taking possibilities for the sake of realism and reliability in the organization and operate on the basis of their own power as well as taking responsibility (Robbins & Coulter, 2009). The leadership style demonstrated by Semler is a combination of democratic, participative or consultative and Laissez-Faire. This style of leadership ensures that all members are on board in taking part when it comes to identification of goals/objectives and coming up with mechanisms or strategies for successful attainment of the set
PESTEL Analysis: Social Aspect As for the social aspect of the analysis, it focuses on demographics, various cultural trends, and so on (Harrison et al. 2016). According to statistical data, the average age of people living in the city is 39 ( Plymouth Census Demographics United Kingdom 2011). At that, the median age is under 39, which makes it possible to assume that the city is ‘quite young but mature’. The majority of inhabitants of the city are working people who have an opportunity (especially financial) to engage themselves in entertaining activities. Going to pubs and restaurant is one of the common ways to spend an evening across the country, and Plymouth is no exception. It is also important to add that such pastime is a part of the cultural heritage of the population. It has been estimated that Plymouth is an important cultural destination as the city hosts various cultural venues including festivals and sports events (Plymouth Cultural Board 2011). People of Plymouth are eager to attend various venues. The pub also hosts various events such as poem readings, DJ music playing, performances, and so on ( Bread and Roses n.d.). This shows that the pub addresses the needs of the community and is a hub for various cultural events. Furthermore, the city is one of the oldest in the country. This draws the attention of those who love history and traditions. The pub represents a mix of the traditional design and modern features ( Bread and Roses n.d.). The pub can be a spot for those who value traditions and want to feel the atmosphere of a traditional English pub. At the same time, the venues held in the pub
Introduction The nursing profession requires strong moral values and personal beliefs. The development of a worldview has had a significant impact on a nurse’s moral ways of seeing, believing, and acting. The more pluralistic the world has become, the more value systems there have been available to nurses and the more complex their ideas about what constitutes the moral life and how best to achieve it. There is increasing recognition that our moral standards are not absolute, but are “ever-changing social creations” (Sullivan & Decker 2005, p. 4). Such skills include the ability: to read the world, which means not the only question but to call into question things as they are; to anticipate moral problems and take the necessary action to prevent them from occurring in the first place, otherwise known as preventive ethics. The task of a nurse is to develop and follow moral philosophy that is concerned with establishing a standard of correctness by the prescription of certain rules and principles. Ethics inquiry is not so much concerned with how the world is, but with how it ought to be. In other words, it is not concerned with merely describing the world (although, of course, a description of the world is necessary as a starting point for an evaluative inquiry. Worldview The worldview is explained as the way a person or group understands the world about them and their perspective about life and the world (Tomey & Alligood, 2002). The worldview helps every person (and nurse) to think critically and reflectively about emergent and emerging moral issues; to discern a range of possible solutions to moral problems identified; to communicate effectively with others; to respect, listen to, understand, and be compassionate toward others; to be tolerant, flexible, creative and imaginative when dealing with and attempting to resolve moral problems; to act as a moral negotiator and mediator when confronted by competing moral viewpoints (Daniels, 2004). My worldview is based on ideas of morality, ethics, and humaneness. The agreed end of the profession and practice of nursing is the promotion of health, healing, and wellbeing, together with the alleviation of suffering, in individuals, groups, and communities for whom nurses care. This end is moral, and one that carries with it a strong moral action-guiding force for nurses insofar as it requires nurses to engage in the behaviors necessary to promote health, healing, and wellbeing in people, and, when manifest, to alleviate their suffering (Potter & Perry, 2005). The agreed ethical standards of nursing require nurses to promote the genuine welfare and wellbeing of people in need of help through nursing care and to do so in a manner that is safe, competent, therapeutically effective, culturally relevant, and just. My philosophy is to take care of the patient, to the best of my ability. Take care of the person as a whole. For me, it means taking patients and their environment as a single whole (Daniels, 2004). Metaparadigm
Introduction Low barriers to entry determine the strategies that a business must adapt to penetrate a new market. Thus, this analytical treatise explores low barriers to entry for a new comer truck driver in the asset-based supply chain and logistics industry. The audience and their concerns Entry in a market with low barriers requires strategies that may make the new entrant excel in a market characterized by stiff competition and series of similar business activity. There are several similar players in the market that the new comer truck driver wants to enter and penetrate. Besides, truck drivers in the asset-based supply chain and logistics industry are correlated to negative perception by most clients who view them as a bunch of dishonest and unreliable transport service providers. Therefore, there is need to design an entry strategy that would ensure complete control of perception of the clients. Problem statement The asset-based supply chain and logistics industry for a new comer truck driver has the challenge of remaining a float amidst presence of very many other track drivers with fleets and an expansive customer niche. Thus, there is an immediate need for the new comer truck driver to adapt a branding strategy that will make this business enter into the market and penetrate the same to win the current clients. There is also need to establish a water tight business entry plan credentials that would combine natural strengths of the truck driver and his personality. Recommendations to the entry problem In order to achieve desired margins in sales and total revenues generated, a proper marketing plan should integrate entry strategy, comparative advantage, and market segmentation since in most cases, there is always a strong competitor or competitors that passing might prove challenging due to existence of consumer perceptions and household names (Janus, 2008). To increase credibility and maintain professionalism, the market entry plan should encompass processes and features that flawlessly facilitate healthy and lifetime relationships between the truck business and its clients. Among the new development elements that can be incorporated to build trust include establishment of a strong distribution, fair retribution process, and passing accurate information to target audience to restore confidence within the new networks. Besides quality in service, delivery and customer satisfaction depend on the marketing segmentation. Therefore, customer retention is achievable through the creation of reliable and affordable marketing channel that is essential in monitoring matrix that maps out potential competitors and identifies weaknesses and strength of the clients. Moreover, the reporting criter