ShantanuT01/DACTYL-Pretraining huggingface dataset:
Different categories of stakeholders can be identified in the case study. Ideally, organizations must have both internal and external stakeholders (Coombs & Holladay, 2012). The five thousand employees in the hospital are the first important internal stakeholders. The president of the hospital must recognize their importance. Basically, the management must adequately consider their welfare. As indicated, the hospital also has two thousand admitted patients. All the patients admitted within the medical facility are external stakeholders. This is because they form part of the community of the facility. They depend on the services of the facility. Apart from this, they also reside within the facility. The various unit managers within the facility also form part of the internal stakeholders. Notably, the doctors and nurses are also internal stakeholders of the medical facility. The board of trustees has an important role in guiding the internal affairs of the facility. Therefore, they are internal stakeholders. There are other notable external stakeholder groups. These include the Regional Director, Compliance Manager and Executive Committee. These groups act as external oversight on the operations of the medical facility. Other important external stakeholders include the community organizations and corporations. As the president of the facility, the doctor has important obligations to all the stakeholders. This is regardless of whether they are external or internal. The president has to ensure that all the employee welfare issues are effectively met. He also has the obligation to provide a secure and hospitable working environment for these employees. The president must ensure all systems operate to guard the health and wellbeing of the patients. As external stakeholders, the patients and all customers have the right to access quality care. The president must endeavor to ensure effective treatment procedures are adhered to. The patients and customers are important stakeholders because they are the source of revenue for the facility. Therefore, they are legally entitled to quality service (Halbert & Ingulli, 2011). This is the role of the president. The president has the responsibility to present progress reports and attend to the demands of the board of trustees. As internal stakeholders, the board must be informed on the general welfare of the facility. It is important to present compliance reports and evaluation results to the regional compliance committee. This is another obligation that must be undertaken by Dr. DoRight. Lastly, the doctor has a crucial responsibility to be answerable to the community organizations and corporations. These external stakeholders are also important and must be attended to. As indicated, they also have reasons to indulge in business with
The documentary Just Melvin, Just Evil is an attempt by James Whitney to destroy the culture of silence about domestic maltreatment. Besides, it shows the devastating consequences of it for future generations (Kambitsis, 2002). An extreme end of the abuse continuum, which this movie represents, is relevant both currently and at all times. At the present time, people have begun to talk about their terrible experiences, even if it happened many years ago, and the perpetrators are punished for their actions. We watched this film because it presents that any kind of violence, especially against children, is unacceptable and it is wrong to hide it. The movie shows the story of a man troubled to such an extent that he sexually abused his own children, while some were only three years old. Apart from this, the most difficult part of it for me is the description of the rape of a five-year-old girl who was born with deformities of her lower body. The most informative part is Whitney’s promise to viewers to confront his grandfather about all the evil he has done. It shows an essential example of the need to fight abuse. This type of violence could have been prevented if family members had not ignored it for the sake of appearing as a decent family. They should have immediately reported to the police when the first instance of violence happened. In such cases, not only a happy childhood and the psyche of innocent victims are destroyed but also their ability to live a full adult life and enjoy it. To conclude, the coverage of the cas
Introduction Performance appraisal is a systematic and continuous process that involves the rater and the ratee, where the former evaluates the performance of the later with respect to laid down standards (Bauer & Erdogan, 2009). During the performance review cycle, the evaluator constantly interacts and observes with the employee in order to establish his or her level of performance based on the company criteria. Feedback is essential during this process to give the employee a vivid report with regard to achievement of objectives as initially set. This paper seeks to compare Coca-Cola and General Electric’s performance appraisal policies and examine their effectiveness. In 2011, GE emerged number six on fortune 500 companies according to fortune magazine. On the other hand, Coca-Cola attained the rank of 70 on this list of top 500 fortune companies based on revenues and profits (CNNMoney, 2011). Analysis of Coca-Cola’s Employee Performance Appraisal In Coca-Cola, performance management entails all programs designed for annual employee appraisal. This concerns procedures used in communicating work expectations and relaying of feedback on a continuous basis through yearly performance rating. Performance appraisal in Coca serves to promote and compensate employees among other management decisions (Bauer & Erdogan, 2009). Management/Performance by Objectives (PBO) The company has implemented a single performance appraisal system for all employees geared toward achieving fairness based on job-related metrics. The process implemented offers an opportunity for improvement in internal oversight as a means to achieve equal employment opportunity (EEO). Management by Objectives’ (MBO ) is a process by which employees and their seniors meet to identify the underlying goals and objectives. In this process, employees set their own goals, but the set company standards are used as standard measures against which their performance will be rated. Peter Drucker introduced this concept of management by objectives in the early 1950s (Taylor, 1994). The figure below shows an overview of MBO process. At the beginning of the review period, each employee meets with his or her superior to establish measurable objectives together with required set of competencies for the year necessary for execution of the said objectives. Therefore, this mutual relationship offers an opportunit
Introduction The Emirates Airline was established in 1985. The Royal Family of Dubai was instrumental in founding the airline. The continuous growth and success of the company has made it become the leading airline in Middle East and Gulf Region. It is also among the top ten airlines worldwide in terms of sales and commuters (Airliner World, 2010). It operates in more than a hundred global destinations in sixty-five countries. The company conducts business in a competitive industry. Despite the airline industry gaining steady growth in the last three decades, it faces persistent commercial and other business encounters. There has been rapid entry of competitors across the globe. This has made the industry to be more competitive. The airline faces such cutthroat competition from Etihad and other local and international airlines. The severe rise in prices of fuel disrupts operations yet the companies cannot increase ticket prices due to the entry of low-cost competitors. However, Emirates falls among the rare corporations that have been able to be profitable especially during the 2008/2009 downturn (Airliner World, 2010). The company broke-even in 2011. Emirates Air Company is globally renowned for its superior facilities. It is famous for the efficiency of its operations. This report examines the performance management system of Emirates Airline with regard to its pilots. Piloting airlines is essential for global economy albeit with immense pressure on individual pilots. Airline Pilots Overview Airline pilots have a desirable job. This includes flying large planes full of passengers around the world. To attain this level of an occupation, it takes absolute effort physically and psychologically. Getting a license to fly large aircrafts is challenging let alone getting a job with a global airline such as Emirates. Flight companies have good and bad times and so do pilot who often find themselves on the firing line. However, once a pilot has created seniority and occupational stability, the reward is awesome. These rewards come with immense responsibilities. Among these responsibilities is the necessity to make serious judgments in seconds (Flin & Martin, 2001). Job Description The core duty of pilots is to fly an aircraft carefully. However, pilots perform many more duties than flying. In the case of Emirates’ pilots, a usual day begins with the pilot utilizing his computer skills. This is important for checkin
The success of Fujifilm amid its business turmoil is an extraordinary story that leaves many people surprised. Innovation Out of Crisis was written by Shigetaka Komori, published in Berkley California by Stone Bridge Press on May 5, 2015 and has 216 pages. The book explains how the Fujifilm company thrived as its main business deteriorated. It is divided into two main sections where in the first part, “ Fighting for Fujifilm ” the author explains the challenge the corporation faced as its operations deteriorated due to the revolution in technology. In the second segment, “ Managing for Victory ”, the CEO highlights how leadership can change and shape the trajectory of a given company, thus, realizing success (Komori 2015). This paper explores the review of the aforementioned book by evaluating its success in narrating the revolution witnessed in Fujifilm. Introduction In the year 2000, Fujifilm company’s sales from photographic films constituted the main source of its revenue. After a decade, a revolution in the industry which had introduced the digital camera destroyed the industry. As a result, its main giant competitor, Kodak filed for bankruptcy in 2012 as it could not match with the turmoil in the business. On the contrary, Fujifilm corporation recorded revenues and it continued being successful, a trend it maintains currently (Komori 2015). Consequently, there are many unanswered questions by many people who wonder about what took place and as lessons that can be learned from the company by others. Therefore, Innovation Out of Crisis recounts the events that took place during the time by the CEO and chai
Traditionally, obsessive-compulsive disorder has been seen as a neurotic disorder. As such, it has often been categorized together with anxiety states and phobias. It has also been referred to by other names such as obsessive-compulsive neurosis, obsessive-compulsive illness, or simply as a compulsive disorder. Individuals suffering from this condition exhibit considerable distress and normally have a feeling of being helpless victims. As compared to psychotic illnesses, neurotic disorders are seen to be less disabling and handicapping. However, the severe obsessive-compulsive disorder may lead to major incapacitation adversely affecting the life of the victims. Generally speaking, neurotic disorders are relatively minor psychiatric illnesses. The patient is normally aware that he or she has a problem. He has a relatively intact contact with the outside world. In contrast, psychotic patients lack the insight that they are suffering from any problem and their contact with the outside world is normally impaired severely. Obsessive-compulsive disorder is classified as an anxiety disorder within the current psychiatric thinking. When an individual exhibits or complains abou
Other than food and clothing, shelter is an essential human need that is necessary for the survival of humans. Everyone needs somewhere they call home, a place of peace and tranquility. The impact of housing goes beyond the provision of the shelter alone. It has a significant effect on the health and wellbeing of people. Poor quality housing is prone to cause ailments and injuries, which, in turn, affects the development of children. Additionally, overcrowding and neighborhood environment, which are housing-related factors, have significant effects on physical and mental health. Indeed, studies have shown that living in substandard houses is akin to being uninsured. This paper intends to describe the housing industry in the United States as presented in the Census Bureau. Description of the Housing Industry in the United States The housing industry is one of the most vibrant in the United States and the rest of the world. The US housing industry is presently estimated at $36.2 trillion (Housing, n.d). The escalation of home prices over the past few years is driven by strong demand for housing and competition among buyers. According to the Census Bureau, the United States boasts of a wide range of homes, ranging from different sizes, designs, and ages. The housing industry in the United States encompasses all attributes of homeownership statistics. These statistics include house affordability, housing patterns, housing vacancies, new housing, rental housing, and residential financing. Housing affordability depends on many things, including demographic characteristics and policy change impacts (Housing, n.d). Affordability is a crucial element for consideration when it comes to housing. Families that are burdened by costs will experience difficulties when it comes to other basic needs such as food, health care, and heat. Individuals who experience difficulties in affording decent housing are more prone to chronic diseases, failure to adhere to prescriptions, and poor health. Over time, housing has continued to become more expensive. Rent costs in the United States have been rising disproportionately as compared to incomes (Housing, n.d). The housing crisis in the US mostly affects low-income earners, renters, ethnic and racial minorities, physically limited individuals, as well as children, and the elderly. Some of the major housing companies in the US include AIR Communities, Ventas, Duke Realty, Mid-American Apartments, Opendoor, Vici Properties, Sun Communities, Invitation Homes, Boston Properties, Medical Properties Trust, and Extra Space Storage. Housing vis a vis. the Inflation Rate Any product whose supply is limited is affected by inflation, and that includes housing. Interest rates are important factors that affect the prices of houses. When the interest rates are low, more people will be encouraged to buy houses, resulting in increased demand for homes. If the demand increases but the supply does not change, then the home prices will most definitely rise (Housing, n.d). Inflation is more pronounced in urban areas where there supply
The article by Sud et al. (2009) addresses the efforts of the Federal Aviation Administration (FAA) to mitigate the inefficiencies in managing traffic flows. The article introduces the overall scope of responsibilities of the FAA in terms of resolving traffic-related issues and describes the problem that the innovation team was tasked to resolve. The authors structured their article by dividing the content into the problem identification section, applying interactive simulation described as a solution and the benefits of the implemented solution to the stakeholders. The problem that the FAA faced was impacted by the increase in aviation transportation use in recent years and the consequential difficulties in regulating and controlling traffic and flow of aircraft. Two problematic issues needed urgent technology-informed resolution, namely, air traffic control and flow management. It was tested and claimed that previously applied tools, including ETMS-based Flow Constrained Area (FCA) tool and Ground Delay Program (GDP) for controlling and tracking weather- and traffic-related delays were insufficient for the increased demands. A more efficient and equitable technological tool was necessary to address the underperformance of GDPs utilization. A vivid illustration of the old system’s ineffectiveness was the frequent occurrence of underperformance that resulted in system disruptions and significant monetary losses. The GDP approach does not effectively differentiate the flights and causes delays in routes where no weather problems are identified. The new tool was expected to eliminate the management problems and ensure effective evaluation of multiple traffic management initiatives. The solution proposed by the team included a newly designed operational aviation initiative called the Airspace Flow Program (AFP). Such traffic management solutions as “network flow models and integer programming solutions” were first applied to operational aviation to integrate multiple task resolution in one tool (Sud et al., 2009, p. 39). Notably, the developers managed to utilize a minimum of new software within a short period to suffice with the requirements of a complex system of civilian aviation without disrupting its operations. The existing tools and software were uses as a basis for significant improvements in en route weather management. The solution updated user interface for faster and more efficient use by managers. AFP included automated flight planning procedure capable of incorporating multiple factors. In addition, graphical comparison of capacity to demand, algorithms for accurate delay computing, improved communication infrastructure for timely sharing of delay details between flight operators, and specific procedures for testing user-friendly utilization. Since AFP utilized currently existing infrastructure, it he
The recent market trends indicate that the compensation for executives has increased tremendously. Statistics indicate that some chief executives earn over $52 million annually. Further, studies indicate that there is a high disparity between the compensation received by executives in the emerging markets and developed economies. Also, there is a large wage difference between the executives in an organization and other workers (WorldatWork Research, 2009). The growth and intricate nature of the executive compensation has attracted a lot of public scrutiny. However, there are reasons why the executives demand for high wages. The first reason is that high executive pay contributes to high performance. A study carried out using data collected between 1973 and 2003 revealed that there is a high association between performance and pay (Graham, Roth & Dugan, 2008). The second reason is social and political factors. The third reason is the conflict of interest. The executives are paid a high salary as a cost of the agency problem. The final reason is psychological factors and an increase in the number of pay consultants. Recent market surveys indicate that the senior executives do not deserve the high compensation. This can be attributed to the fact that there is no connection between the performance of a company and pay, especially after the recent economic meltdown that affected several economies (Lorsch & Khurana, 2010). A recent survey revealed that executive pay is rising faster than performance (Mishel & Sabadish, 2012). Secondly, the high executive pay leads to the wage inequality in an economy (Bebchuk & Fried, 2004). Based on the qualifications and management expertise, the senior managers deserve a high pay. Executives in most companies are under pressure to make vital decisions in a company. Besides, the executives have gained vast experience over the years before they reach the top. Thus, they have extensive experience in their fields. From an economic point of view, there are few personnel who have a combination of both expertise managerial skill and qualifications. This creates a high demand for executives that pushes up their pay. Besides, the executives have a duty to serve the interest of the investors in the company, these are, the shareholder’s. Therefore, the executives have a responsibility to manage the conflict of interest (Jensen & Murphy, 2004). In the recent years, it has been found useful to connect the performance and achievements of the executives to the outcome of the organization because it improves accountability and it can be used to regulate remuneration they earn at the end of the year. This structure of remuneration has been cascaded down in many organizations and it has improved employee motivation and organizational culture. Recommendations Companies need to impr
Organization of a new business venture is a risky affair that should be preconditioned by the detailed analysis of the environment and the most important factors that impact the functioning and evolution of a company, bank, plant, etc. For this reason, the comprehensive investigation of all significant aspects should be considered the major task that arises when a person or organization wants to run a business. Yet, if to speak about Israel, some essentials should be taken into consideration by a regional bank when opening an office in this very state. Besides, the new environment presupposes that the bank will face a new mentality and culture that might impact its functioning and condition the appearance of the need for a special strategy that could help it to evolve. The convergence in the approaches towards the organization of business and perspectives on the banks development might be considered the first significant challenge that should be overcome. As stated above, Israel is characterized by unique cultural, social, and educational characteristics. Being a young state, it though has one of the most powerful and efficient educational systems in the world ( Running a small business in Israel , n.d.). Its financial specialists have great competence and could be hired to improve the banks functioning. Besides, the country is also characterized by the good financial status of the majority of its citizens. This fact should be considered when creating an approach to work with clients. Israels current political system is another factor that should be considered as it impacts the functioning of the financial sector greatly. It could be defined as a parliamentary democracy. The Prime Minister is the head of the government, and the executive power is exercised by this organ. The legislative one is vested in Knesset. 11 basic laws should be taken into account when operating in the state ( Running a small business in Israel , n.d.). The weak governments involvement in the private sector could be considered another important peculiarity of the country. Its state machine is focused on the creation of the conditions beneficial for the development of small and medium enterprises and the further evolution of the financial sector. The taxation policy could also be characterized as very friendly, and it helps people to run a new business simply and efficiently ( Running a small business in Israel , n.d.). These factors will impact the functioning of the new office greatly. First, the government policy will promote its opening and great pace of evolution. Moreover, the stable financial state of the majority of its citizens will contribute to the appearance of new customers and the great variety of opportunities for further evolution. Additionally, taxation policy could also help to evolve and obtain great benefits in the first several months of its functioning. Besides, Israels economic system might also provide numerous opportunities for the successful developme