The Current Challenging Global Economic Environment Essay

Uncertain economic times In the current challenging global economic environment, there is downward pressure on sales and margins. The overall effect is an adverse impact on the bottom line, leading to lower profits or even losses. In such times, reigning in costs and expenses are even more crucial. Let s explore some cost control strategies that could help a company adapt and survive through the current uncertain economic times, as well as to position it strongly for the upturn. Broadly, we could look at them as financial and people strategies. Financial strategies BALANCE SHEET There are 3 aspects in a company s balance sheet which we could look for cash flow and cost saving opportunities: Accounts Receivables (credit) Management Most businesses offer credit to customers. The related costs of credit to a company include the cost of financing (borrowing cost or opportunity cost for funds tied up), cost of running credit operations, cost of time to chase for debts, cost of bad debts and cost of debt recovery (legal fees). This area is particularly critical given the present tight credit situation faced by many companies. By invoicing promptly and accurately, a company can ensure that its debt collection process is timely and efficient and that crucial cash flows are received promptly from customers. Having a robust credit management process will help a company reduce the risk of slow payments. In particular, through rigorous credit screening and taking earlyShow MoreRelatedAbc Company - 1 Essays1236 Words   |  5 Pagesmaking cedar roofing and siding shingles, introducing the new project to build cedar dollhouses by shingle scrap materials for reaching $3  million annual sales within the next 3 years. 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The Theory Of Systems Engineering - 1585 Words

Systems engineering emerged as a formal discipline in the late 1990s, responding to both a rapidly increasing rate of technological product development, and a growing complexity within the products developed. Product prototypes developed in the late 19th century took over four times as long to reach a quarter of their market as similar prototypes developed in the late 20th century, with the average penetration time over the last 140 years dropping from 44 years to 17 years. Poorly-designed systems rushing to market with that speed will easily sink not only entire products, but also the organizations that own them. To help the engineering industry at large avoid such catastrophes, the International Council on Systems Engineering codified a generic but comprehensive collection of best practices and guiding principles for systems engineering in the Systems Engineering Handbook. The Handbook is a living document, originally published in 1994 and updated numerous times over the past twent y years to respond both to advances in the field of systems engineering, and to audience evolution (as system design migrated from a primarily national-defense-oriented discipline to a more broadly-applicable approach for building systems of all kinds). This paper focuses on the processes that support systems engineering, as described in Chapters Three and Seven. Chapter Three introduces the concept of â€Å"life-cycle stages† for all systems, noting that â€Å"[e]very man-made system has a life-cycle,Show MoreRelatedEssay on Introduction to Industrial Engineering643 Words   |  3 PagesIndustrial engineering is how to design, process, and install manufacturing system and industrial management in order to get a good performance. Industrial Engineering is concerned with the design, improvement and installation of integrated system of men, materials and equipment. 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An Integrative Work Place Plan

Question: Discuss about theIntegrative Work Place Plan. Answer: Introduction to the Plan The plan focuses on mostly the needs of the older clients who are in most cases have numerous complications that need to be put into considerations to ensure that their needs are taken good scare off. The plan will ensure that the quality of life and wellbeing of older people, together with their families feel free, autonomy and dignity. In the plan, both the physical and mental issues that the aged experience are well catered for which they usually experience in the environments, social and economic life. The plan grants a space to work with older individuals integrate them into the new system and ensure that are at the same levels with other young generations in the organization ready to serve all kinds of people to realize their standard of satisfaction. The skills needed in the plan for it to work entails; understanding the process of aging and its models, the health conditions in the later surroundings, aspects dealing with the end of life and legal frameworks dealing with older generations(Milne, 2010, p. 300). Aspects of the Plan The program is concerned with personalization agenda as the central point. In this regard, planning for every need of the individual especially the older people are given priority. Despite the fact that personal budgets to some extent are expensive, it will ensure that the needs of these people are well taken good care of. The plan will use higher costs in comparison to the initial plan since older clients have many needs that must never be ignored for their satisfaction to be enhanced. In the organization, working with the older people need to be understood that they are eligible for support, some have long-term needs that are so complex and experience difficulties in managing their budget. The group needs to train through workshops, seminars and even vocational studies to ensure that they also fit into the new system. It will make sure that the tension is driven away and therefore efficient service delivery will be realized. In the interpretation of crucial drives in the organizati on such as policy, such clients need to be enlightened since they usually have profound difficulties in interpreting them(Peace, et al., 2011, p. 735). Development of the Work Plan A plan meant to fit all the calibers of the employees and clients especially the older customers who tend to be slow in their way of handling issues. An inclusive plan catering for the needs of such group of people. The program is meant to ensure that the older people live a quality life so that the live more days. A plan that is individualized and comprehensive need made before launching of such plan. The plan that will ensure that such people are educated through vocational training, seminars, workshops just to know the approaches to employ so as to maintain a quality life. The goals of the organization should be the primary target by the employees, and therefore employees encouraged to deliver their best in the workplace(Preston-Shoot Wigley, 2002, p. 302). The work plan, therefore, is designed to ensure that the organization is improved regarding service delivery, employee relationship and even generally for better management purposes. With the work plan, the performance of the employees will advance. The technologies to be applied as mentioned in the work plan is standardized technology. Customers' satisfaction is main drive of the work plan. Therefore, the organizational excellence will be guided by Improving service delivery, Operation to be more efficient reinvest the savings administratively and transformation of the working environment. The clients will be well attended to since the plan aim at putting the customers' needs first before other needs of the organization. Customers will be treated well, given enough time for inquiries and clarifications to give a positive feedback of satisfaction. Working for social older people is not only essential for the health, but also for social care economy. Such that the plan will ensure that the quality of life is maintained so that people continue living(Quince, 2013, p. 14). How the Gerontological Model Supports the Older People Participation The knowledge in the gerontological study ensures that when dealing with the older people, they are treated well at a low pace to make sure that every service given to them is well understood by them. Every business organization whether small, mid-sized or large companies need to know their clients which play a crucial role that determines the success of such organizations' success(Ray Phillips, 2012, p. 9). Older people have the experience and skills since they have lived for many years and therefore know a lot, they work efficiently and ensures that everything done is perfect. Workplace flow and patterns to realize the set goals for such organization, for instance, increased sales and rates of productions. The company is a networking and educational organization targeting at improving the knowledge and professionalism of its members especially the older members and the clients. Hence, there is need to develop a good work plan that will help in guiding the way the organization is g oing to operate so that it runs efficiently. The Working Plan Benefits To highlight the key issues around aging, age-related ill health and disability, and life course influences on later life outcomes that can be addressed adequately by social workers working with older people. Those dealing with older clients too need to be cautious in every process they do; older people are not sharp in handling contemporary issues like technology. There is need to be slow when dealing with such clients. For this to be done successfully, there is need to understand the needs of the customers, their capacity of acquiring information. The knowledge is gained from a gerontological study which equips people with such essential knowledge. The plan will help to ensure that the business builds its case in gerontological social work. The board of management of the organization, need to restructure the organization to ensure that the significant fulfillments of initiatives in the strategic plan of the organization. Integrating the program will ensure that the provision of ser vices to the clients is prioritized and done efficiently hence realizing the goals of the organization. The working environment of the organization will be transformed, targeting to make the team more competitive in the society(Ray, et al., 2014, p. 196). Several Underpinnings Plan There is a constant increase in the size and diversity of the aged individuals with complex long term conditions. There is a linked challenge of promotion of policies, protection and provision of adequate and personalized services to older people. There is another crucial issue of uncertainty whether the plan is an appropriate mechanism to deliver services appropriately to such clients to ensure that their needs are fully catered for. Most of such clients are poor and therefore when making plan need to spare them treat them differently and even as an organization helps them in settling some of their needs which are basic to them. Also, such clients are inflexible changing the patterns of such employees, or customers are not that simple and need much time. One being patient when dealing with the state is the only way to realize the achievements(Richards, 2000, p. 45). Conclusion The organization of the events in the working plan will provide a fascinating insight on the proper delivery of services and efficient working for the success of the team. The plan if well adhered to will lead to proper delivery of services to ensure that clients are satisfied. Older employees being taken slowly in the implementation of the new system will give time for adjustments of the employees so that they improve regarding delivering their best in the new regime hence realizing the set goals of the organization(Rizzo Rowe, 2006, p. 70). The challenge given by the current demographic trends of the aged cannot be underestimated.Increased in life expectancy mostly creates an increased poor living kind of life and therefore such individuals need to be regarded in many occasions to ensure that some of their crucial needs are provided in the plan(Rolls, et al., 2010, p. 653). Recommendations The plan recommends that the management should consider every aspect of the project, follow the plan to the latter. Ensure that they adjust accordingly being flexible for the betterment of the organization. As the organization, it is crucial to realize that most of the older people whether they are working in the system or are clients for the system there is need to treat such individuals in stylish and style kind of approach to ensure they are fully taken good care of. There is need to have a clear perception about the old people, treat them with dignity in the society and always avoid perceiving them as only but problems. In case they do not merge with the contemporary issues, coaching them and training them are paramount activities that will ensure that the issue is put to an end(Rosenfeld Taylor, 2008, p. 24). References Milne, A., 2010. The D Word: Reflections on the Relationship between Stigma and Dementia, Journal of Mental Health, 19(3), pp. 227-233. Peace, S., Holland, C. Kelleher, L., 2011. Option recognition' in later life: variations in aging in place. Aging and Society Journal, 31(5), pp. 734-757. Preston-Shoot, M. Wigley, V., 2002. Closing the circle: Social workers' responses to multi-agency procedures on older age abuse, British Journal of Social Work, 32(3), pp. 299-320. Quince, C., 2013. Low expectations: Attitudes on choice, care, and community for people with dementia in care homes, 1ed ed. London: Alzheimers Society. Ray, M., Milne, A., Beech, C. Phillips, 2014. Gerontological Social Work: Reflections on its Role, Purpose, and Value. Journal of Social Work Advance Access, 22(2), pp. 195-200. Ray, M. Phillips, J., 2012. Social Work with Older People. 2nd ed. Basingstoke: Palgrave Macmillan. Richards, S., 2000. Richards, S. (2000) Bridging the Divide: Elders and the Assessment Process, British journal of social work, 30(1), pp. 37-49. Rizzo, V. Rowe, J., 2006. Studies of the cost-effectiveness of social work services in aging: A review of the literature. Research on Social Work Practice, 16(1), pp. 67-73. Rolls, L., Seymour, J., Froggatt, K. Hanratty, B., 2010. Older people living alone at the end of life in the UK: research and policy challenges. Palliative Medicine Journal, 25(6), pp. 650-657. Rosenfeld, P. Taylor, 2008. EArticulating the evidence base for effective social work practices: Building a database to support a geriatric social work policy. Social Work in Public Health, 23(6), pp. 23-27. Kenneth Deffeyes, 2008. Current Events -Join us as we watch the crisis unfolding. 2nd edition ed. Chicago: Princeton University. Agency for healthcare research and quality, 2005. Strategic plan. 2nd ed ed. New York: department of health care.

King David Essays - Books Of Samuel, Bathsheba, David, Absalom

King David Journal of King David I am still grieving over the loss of my son, Absalom. It has been days since his death and I still ache in my heart for him. My wives remind me of his plans to overthrow my throne, and his attack on Jerusalem. I do not need reminded of these plans, and they do not lessen my love for Absalom. I have only myself to blame for the tragedies that have plagued my family. My shameful dishonor of the Lords law brings my house these evils. My disobediance began the day that I saw Bathsheba bathing from my roof. My Lust for her and had relations with her even though I was aware she was married to Uriah, I should have known that my sins would carry on. I feel shameful even now as I am putting my ink to paper admitting that my sins did not even stop there. When I realized Bathsheba was pregnant with my child, I attempted to first trick Uriah into staying with Bathsheba for a night, so that he would believe the child was fathered by him. When this plan of betrayal did not work, I arranged for Uriahs death in battle. When Uriah was buried I took Bathsheba as my own wife. Why couldnt I see that my sins could not be covered up and swept away? My first sin only multiplied and resulted in the murder of a warrior that faithfully served my kingdom while I committed adultery with his wife. The Prophet Nathan finally showed me my sins, and even to this day I repent them. It was that day, while I wept in sorrow that The Lord spoke though Nathan and told me that my sins would bring evil to my house, and result in the death of my first son by Bathsheba. The Lord is merciful and great in forgiving me of my sins, but I regret that my sins have caused so much pain and suffering for the family that I love. I myself am responsible for my sins against Ur iah as I am also responsible for the city of Nob being destroyed during the time of King Saul. My lies to the priest, who offered me food, and the sword of Goliath in Nob left only the priests son surviving out of an entire town because of Sauls wrath against me. Who was I to believe that I could escape sin because the Lord appointed me King of Israel? My Lord has been good to forgive my sins. The Lord has always been and will be for all time the Rock of my salvation He took me from the pasture when I was young, and made me commander of his people. He destroyed my enemies before me and promised that my family will endure forever. In my life, I made mistakes and have dealt with the consequences. I only hope that the Lord is pleased with what good I have done, for I have worked to please Him, who is always ju Religion