Manage own performance in a business environment Essay

Outcome 1: Understand how to plan and prioritise work and be accountable to others 1.1 The purpose and benefit of planning work is that it gives you a rough estimate of how long the work will take, what equipment or resources will be needed to complete the work and what budget will be needed it also makes it easier for you to plan your day to day work. If you are then asked what work you have been doing you can show them therefore being accountable for your work. 1.2 The purpose and benefits of negotiating realistic targets for work is that you can give yourself time to complete the job without giving yourself extra stress when running out of time and also making sure there is sufficient time that the job is completed to the required standard .You can do this by discussions with colleagues on how long tasks may take and planning each stage to ensure that each stage is completed on time so you know that you are keeping to the targets for the whole project to be finished on time. 1.3 It is best to prioritise targets with the most urgent tasks being high priority then work out how long each task may take and break it down into steps a diary is a good tool so you can put each step into the diary to help you keep on target. 1.4 The types of problems that can occur during work are: A higher priority task may be given to you Staff absences Equipment failure E.g. problems with computer These problems can be dealt with by informing the manager that there may be a problem with completing on time so any necessary adjustments can be made, having other members of staff available to cover absences and reporting  equipment failure to the necessary people as soon as possible as to get repairs done quickly. 1.5 It is important to keep other people informed on the progress because it helps them to see what targets have been reached and as to whether there may be a delay in completing the task. 1.6 It is important to let other people know if work plans need to be changed so that they in turn can change their work plan to ensure that the job is still completed on time and to a high standard 1.7 The benefit of recognising mistakes is to ensure that the same mistakes are not made twice, this will benefit the company be saving them time and money as the task will not need doing again. You can learn from your mistakes be recognising what you did wrong and taking steps to ensure that the same thing doesn’t happen again. 1.8 The purpose of guidelines and procedures is that, you know what has to be done and how it has to be done. There is no chance for you to go wrong, and make mistakes. The purpose of this Code of Practice is to establish clear and mutual expectations. This helps to minimise the risks and problems of personal difficulties, problems with supervision, or bad performance. Outcome 2: Understand how to behave in a way that supports effective working. 2.1The purpose of setting high standards for my own work is to enable me to do my best and therefore produce work of a high standard. 2.2Ways of setting high standards for my work involves me talking to my line manager and agreeing ways as to how I can improve my performance then each day trying to produce work of a higher standard. 2.3The best way to deal with pressure arising from work tasks is to make sure you allow your self enough time to complete tasks when nearing a  deadline and work is not completed the best way to deal with the pressure is to keep yourself disciplined and ensure you keep to your plan of work and at the same time talking to your line manager and other colleagues to explain the pressure that you are under so that between you all you can come to an arrangement to get the work completed. 2.4When a setback occurs you need to accept that this is part of life but at the same time do what is needed to try and lesson the effect of the set back on your colleagues and the company as a whole and learn from the set back to try and prevent it from happening again. 2.5It is important to be assertive so that any points or suggestions that you make are listened to and your opinion is taken seriously it is also important to be assertive so that you feel confident to say no when being given more work than you can handle this will benefit you and the company as it will reduce the pressure on yourself therefore leaving you more able to do you work to a higher standard. 2.6It is necessary to be assertive when there is the need to say no when you have high priority work to complete but are also been given more work that may not be so urgent. It is also important to be assertive in meetings and staff reviews to ensure that you get your point across so you and your colleagues are aware of your and their own goals and responsibilities. 2.7 It is important to be able to be ready to take on new challenges and adapt to change as this challenges you as a person and improves your quality of work also being able to adapt to change is important as everything in life changes especially regarding to technology so not being able to adapt will make it difficult for you to do your work efficiently therefore having a negative effect on you and the company. 2.8The purpose of treating others with honesty, respect and consideration is that when working in a team everyone needs to feel that they are being treated fairly this will enable the team to be able to run more smoothly while also building a good working relationship within the team and work  will be produced to a higher standard. 2.9Types of behaviour that show honesty, respect and consideration are: Listening to others points of view and opinions Always speaking the truth yourself Encouragement Praising colleagues on work well done Treating people fairly Respecting others feelings Types of behaviour that do not show honesty, respect and consideration are: Telling lies yourself Running people down to other members of staff Not valuing other peoples feelings Not treating everyone the same Picking fault with others work rather than using tact and diplomacy Ignoring or not listening to others points of view and opinions 2.10The purpose and benefit of helping and supporting others at work are that you are building a healthy working relationship and being an important part of a team this will enable everyone to get on well and therefore they will produce better quality work. Supporting the people you work with builds their confidence as well as your own whilst showing that you can support the team being part of the team or as their team leader.

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What business would you engage in if you were given an inheritance of 5 million pesos today? Why? How would you minimize the risks? If I were given an inheritance of 5 million pesos , I will be engage in leasing services to render services to the students, workers and families who need to lodge. Why? Because it is a good business to be engaged with for the reason that I can produce an additional profit while I am working. I will minimize the risks by being competitive and by ensuring that the house and rooms are well-cleaned, well-ventilated, no leaks, o clog sinks, and comfortable to live at.I will also build an apartment near the school and near in the workplaces. 2. Specify five objectives you would like to attain for yourself in this class by the end of the school year. Are these objectives measurable? 1 . Learn new things, ideas, theories and many more. 2. Learn how to manage organization or a business efficiently and effectively. 3. Right decision making in various situations a nd risks it may take. 4. To make an appropriate plan on a certain business or an organization I will be engage. To know how to be competitive despite of all the risks and challenges in the field of business. These objectives are measurable through conducting tests to know whether I learn or not. 3. Describe the present business environment in the country today. Use various sources and references: newspaper articles, magazine reports, official government announcements, bank statements, etc. Is the environment conducive to business? Why? The business environment today is very appropriate for the business owners but other businesses are too competitive.They are using different kind of advertisements like different banks of today. BAD says â€Å"we find ways†. While the department of tourism said â€Å"It's more fun in the Philippines†. It is very conducive to the business because Philippines is one of the appropriate place to build a business because of the weather and th e chances and opportunities 4. Do a survey of your neighborhood. Form a team among your classmates. What are the most common businesses? What other business can be set up? Why? What are the risks involved in setting up a new business in your neighborhood?The most common businesses are trading or merchandising business and the other common business are computer shops. The other business can be set up is rental service or leasing service. Why? Because there are lot of people who need space for lodging because the place is near in school, market, and church. So it is so desirable to built the business. The risks involve are the other competitive business of the same field. The security of payments of the boarders and how can, the owner encourages the people to lodge in the house he/she offers.

Historic and Environmental Conversation Essay Example | Topics and Well Written Essays - 1500 words

Historic and Environmental Conversation - Essay Example The concept of historic preservation is mainly used by the English and the Americans but the other dialects refer to the same as â€Å"heritage conservation† or â€Å"heritage preservation†. The term is commonly used by professionals to refer to the preservation of the built environment as opposed to the preservation or the conservation of wildlife or forests (Forsyth 10). Environmental conservation is a concept that has a resemblance with historic preservation. The only difference is that environmental conservation is concerned with the preservation of the natural environment that includes plants, animals and natural resources (Mauro 4). The environment is defined as the sum of everything that surrounds a living organism, including natural forces, other living organisms that in essence provide conditions for growth and development as well as danger and damage to the living organism. Therefore, environmental conservation is a term that goes hand in hand with natural con servation that involves the protection of nature (Mauro 6). Historical Conservation The idea of historic conservation and natural conservation dates back to the 17th century in England. Members of the Royal Society of England often had antiquarian interests and, therefore, most of them were involved in conservation efforts during this time. This was done for various reasons; one of them was to conserve history for the future generations especially the buildings that had an impact on a country (Simon 335). These efforts by the Royal Society of England in the UK led to the establishment and adoption of the Ancient Monument Protection Act in 1882. Later in the 20th century, the UK’s Ancient and Monuments act was passed in 1913 to protect or preserve defined decayed and obsolete structures of great historical or associative interest. The act was because of the continued modernization that meant the destruction of the older buildings to pave way for the newer improved structures ( Simon 336). During the twentieth century, the UK government under the National Trust Organization started with the preservation of historic houses continuously increasing its scope to cover other buildings of historic significance. In 1944, the UK’s legislature passed the Town and country Planning Act and the subsequent Town and Country planning Act in 1990. This acts increased the pace toward historic preservation on a high scale. Apart from these acts, other court cases from pressure groups and movements also contributed to the first pace of historical conservation (Feilden 35). Preservation efforts in the United States began in the early 19th century with the preservation of the George Washington’s Mount Vernon in 1858. This was later followed by an association founded in 1889 called the Association for the Preservation of Virginia Antiquities, which was the United States first statewide historic conservation group (Forsyth 50). Another historical building that foll owed in the 20th century is the Washington headquarters state historic site in New York in 1961. One of the first architectural firms that was famous in its bid to preserve historic buildings was Simons & Lapham. It was influential in crafting the first historical ordinance in Charleston in 1930. This gave the city regulatory means by which it could prevent the destruction of historic buildings. Earlier on in 1925, there were massive efforts to preserve the French Quarter buildings in New Orleans and

Rising to the Challenges of Disability Essay Example | Topics and Well Written Essays - 4500 words

Rising to the Challenges of Disability - Essay Example ... Everyone is entitled to all ... rights and freedoms ... without distinction of any kind.... All are equal before the law and are entitled without any discrimination to equal protection of the law. All are entitled to equal protection against any discrimination ... and against any incitement to ... discrimination.... Everyone has the right to a standard of living adequate for ... health and well-being .. Including ... the right to security in the event of ... disability...." --Universal Declaration of Human Rights, Articles 1, 2, 7, and 25 According to the Federal Developmental Disabilities Act of 1984, developmental disabilities are conditions or disorders that significantly affect a child’s progress in his growth and development. Eventually, disabilities limit a person’s self-care, language, learning, mobility, self-direction, capacity for independent living, and/or economic sufficiency. Some people who do not have such conditions easily take for granted just how d ifficult it can be for those who have, and may swiftly judge and discriminate them for things they are unable to do. However, disability may be viewed in another light that does not directly target the person himself. One example is the social model of disability in New Zealand which does not view disability as something that individuals have but how society treats the impairments of the individual. â€Å"Disability is the process which happens when one group of people create barriers by designing a world only for their way of living, taking no account of the impairments other people have. (New Zealand Ministry of Social Development, 2002, p.1). Vygotsky (1993) shares the same view. He believes that a child with a disability is not a child less developed but rather, has developed differently. What made his development different are the intellectual and social processes that he compensates with in order to still be part of the social milieu despite their impairments. He concludes in the contention that it is the social consequences and socio-psychological realization that determines the fate of the child with disability and not the defect itself (McPhail & Freeman, 2005). Unfortunately, what seems to prevail in terms of societal views on disability is more negative than positive. McPhail & Freeman (2005) explain that the deficiencies of disabled persons as are considered burdens that hinder their productivity as individuals, which leads one to question why well-intentioned teachers (and some parents) focus on what is lacking rather than what is functioning well in their students/ children. For example, one counselor at a Disability Equality Training (DET) studied by Parkinson (2006) admitted, â€Å"I found it very hard to see the person as someone in their own right. I kept looking at their wheelchairs or their glasses. It took me a while to see them just as a person who watched the same TV programmes as me and laughed at the same jokes. I feel sad about that .† (Parkinson, 2006, p. 99). The purpose of the DET is for counsellors to unite and share their views and attitudes about disability and discuss the need to overcome disabling barriers that hinder disabled individuals from functioning to the best of their ability, promote positive self-identities and self-determination in these disabled individuals through counselling (Parkinson, 2006). This is very crucial especially in children who are in the

Social Psychology (Milgram's studies of obedience) Essay

Social Psychology (Milgram's studies of obedience) - Essay Example 205). This statement become fuel to the controversy over personal dispositions and social factors, and in more fundamental way, over nature versus nurture. In this paper, I will be presenting a summary of different opinions on the Milgram experiment as gathered from various academic writers in scholarly journals. To date, the Milgram experiment continues to be influential in the study of social psychology, and it has various implications in the conduct of research, as well as the research directions that social psychologists have taken. In conclusion, I will be discussing how Milgram’s experiment influenced the understanding of obedience in psychology. I will be drawing primarily from the articles that will be highlighted in this paper. Blass (1991) outlines five distinctive features of Milgram’s experiment which has gained its significant place in social psychology, and its lasting contributions. First, is the significance of the results which was far from the predicted outcome when Milgram ran a separate experiment to get the prediction rates of Yale seniors and a group of psychiatrists. Second, is the fact that Milgram conducted a series of experiments on the topic designing a more comprehensive picture of the phenomenon. Third stems from the controversies that the research has initiated. â€Å"More than any other research in social psychology, the obedience experiments have been embroiled from the beginning in a number of controversies in which they have played a central and enriching role†(Blass, 1991, p. 398). Fourth, is the far-reaching impact of the obedience research in other fields of discipline such as education, political science, communication research and philosophy. Fifth is how the res earch has accounted for discrepancies between the situational and dispositional determinants of behaviour. Although debate is continuing, Milgram’s research has paved the way for inquiry into which accounts for specific behaviours, and to

Effective Employee Communication (in perspective of Employee to Essay

Effective Employee Communication (in perspective of Employee to Employee) - Essay Example In organisations, communication plays a key role in the efficiency, effectiveness and ultimately the overall performance of the organisation. Communication in an organisation mainly takes two forms based on the direction of flow of information in the organisation. They include vertical and horizontal communication. Vertical communication takes two forms, which is defined by the downward flow of information from the management to the subordinates, mainly in the form of directives and instructions, and upward communication which exemplifies the flow of information in the form of feedback and requests from the subordinates to their supervisors and managers. Horizontal communication on the other hand is the conveyance of information between employees at the same level in the organisation e.g. departmental heads and same level managers or even the lowest level of employees. The main focus of this paper however, will be on the ‘employee to employee’ communication within the organisation and its effectiveness. Generally, employee communication inter se can either be formal or informal. Formal communication involves transmission of information in an official capacity, mainly written or documented within the employees of the organisation while informal or grapevine communication involves the exchange of information between the employees on an unofficial capacity and they do not need to follow proper channels in relaying information on the grapevine. Communication between employees is also a key pillar in the success of an organisation even though most organisations pay little attention to it. Research conducted over the years in many organisations has shown that peer communication and relations between employees can be of great source of employee motivation, can alleviate job-related stress and hence worth reducing the levels of job satisfacti on and employee turnover. It is hence key for the management of the

Imformation based decision making Essay Example | Topics and Well Written Essays - 2750 words

Imformation based decision making - Essay Example The importance of decision-making cannot be underestimated. Indeed, the success or failure of any business primarily depends on the quality of decisions made by the management. Most of the successful global cooperation’s are a reflection of good decision-making strategy. A lot of investment both in time and resources is directed towards the decision making process. However, it is important to note that making sound decisions primarily depends on the amount and quality of information at hand. This makes it important to consider information as one of the core requirements in sound decision making both at an individual and corporate level. This paper therefore discusses the different aspects of information-based decision-making. It seeks to discuss this topic within the realms of what has been covered in the course of management. However, extra knowledge on decision-making has also been mined from other sources. Information It is very futile to make any decision without profound background information regarding all the possible outcomes. This makes information the core requirement in making decision. There are different aspects of information that are worth discussing since they affect either directly or indirectly on the decision making process. There is a major difference between data and information. Data refers to facts or figures in their basic or raw form. For instance, 11, 32, 98, 58, 91, and 74 refers to data. Values such as ? 58.00, ?1200, ?223.50, and?558 refer to financial data. In both instances, the data does not make any meaning under any context (Black, 2009). However, the data can be processed to give it meaning. It is also important to note that processed data or information can fail to make meaning outside a given context. Information refers to data that has been organized such that it makes meaning within the context of consideration. Information can be either formal or informal. For information to be useful in decision-making, it has to be communicable to the relevant stakeholders, it must be presented in a language that users can understand without misinterpreting, it must be in a form that can be utilized, and finally it must be relevant to the subject of consideration. Information to be used in decision-making can be classified in two major categories. It can be either formal or informal. Formal information is usually presented in a familiar format, has a degree of relevance and accuracy, and uniquely structured. However, the information may be inflexible and may sometimes disregard sociological perspectives. On the other hand, informal information is quite flexible and more detailed though it may be inaccurate. Information and Law It is very imperative for any person using information-based decision making to understand that certain types of information have legal implications. This is more profound in business organizations. The law regulates many processes of handling information and as such, caution should b e exercised to ensure the entire legal infrastructure is respected. For instance, the Data Protection Act of 1998 was enacted to ensure that information is handled with caution to protect its integrity, privacy, and users. The data protection laws ensure that data handlers do not manipulate the data for personal or malicious reasons but instead use the data for the best interest of the subjects. While making business decisions, all legal parameters should be followed and information handled within the realms of the law. It is unethical to use data or information to make business decisions that are not permitted by the law. For example, a business may use information unlawfully to gain unfair advantage over other competitors. Although the decisions made from such information may seem exemplary, legal

Research Paper Essay Example | Topics and Well Written Essays - 1000 words - 3

Research Paper - Essay Example Arrest, detention and seizure are governed by stringent regulations and limitations which, according to Pilon (2000) are primarily intended to protect the citizenry against unreasonable searches, unjustifiable detentions and importantly, against the possibility of law enforcement’s abusing its powers. It is in relation to the stated that Turkey stands in direct contrast to Canada. This Eurasian nation has been cited for human rights abuses on countless occasions and both Amnesty International and the European Commission for Human Rights have repeatedly shed light on abuses vis-Ã  -vis all of search, seizure and detention (ECHR, 2003; U.S. Department of State, 2007). A comparison of the arrest, detention and seizure framework in Canada and Turkey will serve to underscore the imperatives of limiting police authority through the clear explication of the citizenry’s civic rights for the prevention of abuses which translate into nothing less than inexcusable miscarriages of justice. The rules which govern arrest, detention and seizure in Turkey are grounded in the country’s constitution. The Turkish Constitution clearly outlines the civic rights of the citizenry and outlines the limitations on police authority. As Kinzer (2002) explains, arbitrary arrests are prohibited with no statements of exception. Law enforcement must have a clear reason for arresting citizens and must establish, before a judge that the citizen in question has violated the laws of the nation and accordingly, that there are legitimate grounds for the issuance of an arrest warrant. If a warrant is granted, law enforcement has the legitimate right to take the suspect into custody where he/she may be detained for a maximum period of 7.5 days. This period can only be renewed if law enforcement uncovers evidence pertaining to the detained suspect’s highly probable culpability in a crime. Not only that but law enforcement must

Business accounting Essay Example | Topics and Well Written Essays - 1500 words

Business accounting - Essay Example This essay discusses that the company, if considered from an angle of investing is quite stable and rewarding but its position in the capital market, London Stock Exchange, in this case, is a little bit skeptical. This is because of its abnormal Price to Earnings Ratio in 2011 of more than 890 times which has decreased from a massive 1043 times in the previous year. This means that the company’s share is trading at 890 times its earnings which depict Next as a very expensive share but in contrast to the previous year, its share has gone through a discount with a reduced P/E ratio. The normal practice in the market is of buying shares with a P/E ratio of maximum 20 times but in this case, speculation seems to have happened in the market.The company, on an overall basis, is quite stable and it has formulated, planned and implemented quite efficient and effective policies to retain its competitiveness in the market domestically as well as internationally. The company’s new growth opportunities are encouraging and if this pace is consistently attained in the future, the company can perform even better and expand effectively. But the company has to prepare for even deteriorating times to come ahead with adverse situations ranging from inflation, rising interest rates, a weakening Euro and fluctuations in other currencies, increasing competition and switching customer preferences and demand. Overall, the company is a good choice to be invested in, taking into account its considerable dividend payout ratio.... Liquidity Analysis Talking about liquidity, the company is performing fine but in contrast to the previous year, it has lacked in some areas. The current and quick ratios have decreased by 0.092 and 0.127 from 2010 to 2011 showing a decrease in liquidity and this is mainly because of a larger increase in current liabilities compared to current assets. Moreover, inventories have increased from a considerable 19.19% from ?309 million to ?368.3 million in 2011, mainly due to the company’s policy of fulfilling market demand and solving out supplier constraints by buying stocks way earlier than required. Though the cash available before share and bond buybacks is a considerable ?92 million, the company has less cash liquidity available in 2011 with a decrease of more than 60% in the cash and cash equivalents balance and the cash ratio falling from 9.83% to only 3.66%. This might obstruct the company in opening and extending new stores and repurchasing more shares in the upcoming ye ar, which has been forecasted at aggressive levels. However, this cash balance can increase in the following year with the rise in the trend of cash customers relative to credit customers or account holders especially in the case of Next Directory; this will in turn definitely decrease the level of accounts receivable and bad debts (CPAClass.com 2011). The manner of collection of receivables and payments to creditors has remained almost the same from 2010 to 2011. But as the inventories have risen, the inventory conversion period has escalated from 47 days to 55 days, which has in turn helped in increasing the cash conversion cycle from 30 to 42 days.