Sunday, December 29, 2019
Using the Latin Intensive Pronoun Ipse (Self)
When learning Latin, intensive pronouns function much as they do in English, intensifying the action or the noun they modify. For example, in English, we might say, The experts themselves say so. The intensive pronoun themselvesà intensifies the noun experts, with the implication that if the emphasized experts say so, it must be correct. The intensive pronoun in the following Latin sentence,à Antoniusà ipseà me laudavit,à means Anthony himself praised me. In both Latin ipse and English himself, the pronoun intensifies or emphasizes the noun. Ipso Facto The expression ipso facto is the best-known remnant in English of the Latin intensive pronoun. In Latin,à ipsoà is masculine and in agreement with facto. Its in the ablative case (ablative indicates that a thing or person is being used as an instrument or tool by another and is translated as by or by means of). Thus ipso facto means by that very fact or act; as an inevitable result. A Few Rules There are a few generalizations we can make about Latin intensive pronouns: They intensify (thus, their name) the function or the noun they modify.Latin intensive pronounsà typically translate as the English -self pronouns: myself, yourself, herself, himself, itself in the singular and ourselves, yourselves and themselves in the plural.à But theyà can also translate in English as the very... as inà femina ipsa...à (the very woman as an alternative to the woman herself).Latin intensive pronouns double as adjectivesà and take the same form when doing so.à Intensive vs. Reflexive Intensive pronouns are often confused with Latin reflexive pronouns, but the two types of pronounsà have different functions. Latin reflexive pronounsà and adjectives (suus, sua, suum) show possession and translate as his or her own, its own, and their own. The reflexive pronoun must agree with the noun it describes in gender, number, and case, and the pronoun always refers back to the subject. Intensives emphasize other words besides the subject. This means that reflexive pronouns can never be nominative. Intensive pronouns, on the other hand, do not indicate possession. They intensify and they can be any case, including nominative. For example: Intensive pronoun:à Praefectus honores civibus ipsis dedit.à (The prefect bestowed/gave honors on/to the citizens themselves.)Reflexive pronoun:à Praefectus honores sibi dedit.à (The prefect bestowed/gave honors on/to himself.) Declension of Latin Intensive Pronounsà Singular (by case and gender: masculine, feminine, neuter) Nominative:à ipse, ipsa, ipsumGenitive:à ipsius, ipsius, ipsiusDative:à ipsi, ipsi, ipsiAccusative:à ipsum, ipsam, ipsumAblative:à ipso, ipsa, ipso Plural (by case and gender: masculine, feminine, neuter) Nominative: ipsi, ipsae, ipsaGenitive: ipsorum, ipsarum, ipsorumDative: ipsis, ipsis, ipsisAccusative: ipsos, ipsas, ipsaAblative: ipsis, ipsis, ipsis
Saturday, December 21, 2019
Psychosis and Guilt in The Tell-Tale Heart - 977 Words
In Edgar Allan Poeââ¬â¢s ââ¬ËThe Tell-Tale Heart,â⬠the narrator explains how he is not mad, how cautious he is in planning a murder. A person can argue however with the narrator of ââ¬ËThe Tell-Tale Heartââ¬â¢, which he is indeed mad. The anxiety the narrator experiences through out the story makes him mad, it is also the guilt that brought on more anxiety to the narrator at the end of the story. The narrator constantly speaks of how he is not mad; he constantly as the reader why would they think he is mad. ââ¬Å"True! ââ¬ânervous-very, very, dreadfully nervous. I had been and still am; but why will you say that I am mad?â⬠(Poe 884). The narrator does not believe that he is a mad man, much less have any mental issues. In ââ¬Å"Overview: ââ¬ËThe Tell-Tale Heartââ¬â¢Ã¢â¬ theâ⬠¦show more contentâ⬠¦Even during the time when the narrator was in the process of hiding the body, he does not find himself insane. The narrator speaks of how is was so cunning and intelligent enough to not get a spot of blood anywhere, of how he placed the boards of the floor precisely as they were before the murder. After the murder, the narrator hears a knock at the door. He proceeds to open the door to find that it is three policemen, who were there because of a disturbance call. The police tells the narrator for why they are there, which a neighbor heard a scream in the night. When the narrator hears this, he tells the police that it was his scream. Once the narrator welcomes the police to search the home, the narrator goes as far as leading police into the room where he had committed a murder and hid the body. The narrator cleverly comes up with an idea to hide the murder, ââ¬Å"The old man, I mentioned, was absent in the country. I took my visitors all over the house. I bade them search-search well. I led them, at length, to his chamberâ⬠(Poe, 887). The narrator shows the police that there was nothing abnormal in the house, he proc eeds to talk to them while feeling at ease. While in the room where the old man was is buried, the narrator is sitting on a chair, which is above where the old manââ¬â¢s body parts are. He engages in conversation with the policemen. In the narrators mind, he starts to feel guilty his anxiety rises. He believes he starts to hear the oldShow MoreRelatedThe Tell Tale Heart By Edgar Allen Poe934 Words à |à 4 Pagesarms and the legsâ⬠, said the madman (39). In Edgar Allen Poeââ¬â¢s short story, ââ¬Å"The Tell-Tale Heartâ⬠, the themes are vital for readers to identify with the madmanââ¬â¢s reasoning of every single action he executes. Such events as in the first sentence would be difficult, if not impossible, to grasp without the knowledge of any themes. While some individuals may feel that themes are merely add-on elements in similar tales, this analysis will establish quite the contrary. The themes are crucial to theRead MoreTell Tale Heart vs. the Black Cat Essay1096 Words à |à 5 PagesEdgar Allan Po e is considered to be one of the greatest American writers of all time. His writing is dark and sinister. He wrote of death, murder, psychosis, and obsession. One could only imagine what would bring a person to write such morbid stories. Perhaps, it may be attributed to Poeââ¬â¢s childhood, a past that was sad and far from average. Both of his parents died when he was only three years of age (Shelley). The death of his parents caused a separation from his siblings and he moved to liveRead MoreAnalysis Of The Tell Tale Heart By Edgar Allen Poe1320 Words à |à 6 PagesRory Spillane Mr. Bruno English IV period 8 1.29.15 Analysis of the Tell-Tale Heart Edgar Allen Poe was born on January 19th, 1809 in Boston, Massachusetts. He went on to become one of the most famous American poets and authors in history. The subjects of his poems and stories were often morbid in nature, many of them having to do with death and murder. Unfortunately, the dark tone of his work reflected the darkness of his life, which was marked with notable instances of tragedy, such as theRead MoreEssay on The Tell Tale Heart by Edgar Allen Poe1130 Words à |à 5 PagesA short story I have recentrly read which has an incident or moment of great tension is, the Tell - Tale Heart, written by Edgar Allen Poe. The short story can produce many different types of characters. Usually, these characters are faced with situations that give us an insight into their true character. The main character of the story is faced with a fear. He is afraid of an Old Mans Eye that lives with him. The actions that this charecter or man - as he is known in the story - performsRea d MoreAnalysis Of The Tell Tale Heart By Edgar Allan Poe1237 Words à |à 5 PagesEdgard Allan Poe The Tell-Tale Heart I do believe the narrator is insane, first off he starts the story by saying I heard all things in the heaven and in the earth. I heard many things in hell. How, then, am I mad?. He also goes on to say observe how healthily how calmly I can tell you the whole story . In just the first paragraph of the story the narrator says he hears all things that could mean voices or even things regular people cant hear. He then says he can tell you the story very calmlyRead MoreLolita And The Dark Tower1384 Words à |à 6 Pagesan unreliable narrator. The true story of Humbert Humbert and Lolita is convoluted because it is told from the point of view of a madman. Humbertââ¬â¢s sanity or lack thereof, comes into question from the very beginning of his tale. In the first paragraph of the book, Humbert tells of Annabel Leigh, a ââ¬Å"girl-childâ⬠he had loved ââ¬Å"In a princedom by the seaâ⬠(Nabokov 9). These callbacks bear a laughingly close resemblance to Poeââ¬â¢s poem ââ¬Å"Annabel Lee.â⬠Their names are almost identical, too, inviting theRead MoreThe Tell Tale Heart By Edgar Allan Poe1630 Words à |à 7 PagesThe Tell-Tale Heart is a short story by Edgar Allan Poe. It is told by anonymous narrator who endeavors to convince the reader of his sanity, while describing a murder he committed. The victim was an old man with a filmy vulture-eye (cataract eye), as the narrator calls it. The murder is carefully calculated, and the murderer dismembers the body and hides it under the floorboards. Ultimately the narrator s guilt manifests itself in the form of the sound ( hallucinatory) of the old man sRead MoreEssay on Creating Suspense in Edgar Allen Poes The Tell-Tale Heart2319 Words à |à 10 PagesCreating Suspense in Edgar Allen Poes The Tell-Tale Heart In the gothic genre there are numerous techniques the author can use to add interest and suspense to a story, such as the choice of words, the time of day and pathetic fallacy, to name but a few. In the Tell Tale- Heart Poe uses psychosis, detail, and appeal to the reader to keep us on the edge of our seats. These are just some examples of what makes the story so thrilling. The story is written in the first person in the styleRead MoreI Became Insane, With Long Intervals Of Horrible Sanity Essay1986 Words à |à 8 PagesEdgar Allan Poe Edgar Allan Poe is an American poet well-known for his eerie and gothic based themes. In fact, his tales of mystery and horror were the first to give rise to detective stories. In his short story, ââ¬Å"The Tell-Tale Heartâ⬠(1843), Poe invites us to experience a sinister and mystifying murder through the mind of the murderer, the narrator himself. This self-narrated tale takes place in a house that the narrator shares with an old man. The storyââ¬â¢s focal characters are the narrator and theRead MoreEssay on Criminal Thoughts in Edgar Allan Poeââ¬â¢s Tales2035 Words à |à 9 Pagesis profoundââ¬â does not spring from disease of thoughtââ¬â from moods of mind exalted at the expense of the general intellect.â⬠(Poe 1) The topic of the madness always kept Edgar Allan Poeââ¬â¢s mind occupied. A lot of his works deal with the issue of sin, guilt and the criminalââ¬â¢s mind. In my paper I will demonstrate the different kinds of mentality of the guilty in Po eââ¬â¢s stories. Edgar Allan Poe is most well known for his Gothic, detective and mysterious stories. His inclination for writing about these
Friday, December 13, 2019
Poverty in Canada or USA Free Essays
During the period between 1929 and 1953, the United States occupational pay ratios and earning inequality is declined, mainly across World War II (Ober 1948, Phelps Brown 1977, Williamson and Lindert 1980, Goldin and Margo 1922b). The evidence showed that the condition of income inequality was occurrence in that period. Moreover, the problem of income inequality is declined. We will write a custom essay sample on Poverty in Canada or USA or any similar topic only for you Order Now But, the problem of income inequality is existed. The government cannot spread the income distibution evenly. Many reasons obstructed the income distribution evenly. In my discussion, I concentrate to explain five reasons to influence the income distribution in the United States in the 20th century. Changing in social norms is related to the income distributions. Many people think that women represented a cheaper alternative for employers. Their jobs were viewed as temporary to be abandoned in favor of marriage and a home. High turnover combined with a large pool of replacements in any occupation will tend to depress wages, but it also means there is no incentive to provide career opportunities or invest much effort to train persons for more responsibility. Consequently, women tended to fill the more specialized and lower-paying work, while men moved into the new office manager roles. The fact is that clerical, service, and sales work does not yield significant financial returns to people with more formal education or longer work experience (Bibb Form, 1977). In large part, this is because most of these are low ceiling careers, lacking in meaningful promotion opportunities for higher paying positions. The jobs have been filled advantageous position by one sex or the other. The point is strongly influencing the income distributions. The point of the unionization is related to the income distributions. Unions have improved wages and benefits, increased job security, and protected workers from discriminatory managerial decisions. Male workers are more likely to be members of trade unions, thus enjoying the advantages of collective bargaining for wages and earning more than women (Flaherty Caniglia, 1992). Overall, women are about half as likely to be union members as men. Rinehart wrote, ? Ã § This accommodation to capitalist power was formalized in what is known as the post ? V World War II compromise forged in the midst of the intense class struggles of the 1940s. This settlement between labor, big capital, and the state featured the establishment of a new industrial relations system and stipulated a set of trade ? V off. Unions were legally recognized and accorded organizational security.? (P. 184) Changing in the education level of the population is related to the income distribution. In the U. S, the financial return to a university or college degree also declined during the 1970s. One explanation of this phenomenon was the substantial increase the proportion of the population going to university, particularly the entry into the labor force of the ? Baby-Boom? generation during the 1970s (Welch 1979). Freeman (1976, 1980) argued that the demand for educated workers also declined, so that not all of the change in relative earnings could be attributed to temporary developments on the supply side. Dooley (1986) concluded that the entry of the large baby? Vboom cohort during this period did lower earnings growth for this group, but that this demographic effect could not account for the observed harrowing of earnings differentials by level of education. Dooley? s results thus suggest that demand ? V side forces may also have played a role. Changing in the age structure of the population is related to the income distribution. The shapes of the earning streams reflect the main key factors which is earnings increase with age but at a decreasing rate. This concave shape reflects the fact that individuals generally continue to make human capital investments in the form of on-the-job training and work experience once they have entered the labor force. This job experience adds more to their productivity and earning s early in their careers due to diminishing returns to experience. However, to the extent that education increases productivity, individuals with the same amount of work experience but more education will earn more, perhaps substantially more. Migration is related to the income distribution. Economic theory predicts that the forces of competition would serve to reduce pure regional wage differentials so that they reflect compensating differences, short-run adjustments, or noncompetitive factors. Those forces of competition were the movement of capital from high- to low-wage areas, and the movement of labor from low- to high-wage areas. Empirical evidence tends to verify the implications of migration as a human capital decision. In a recent study, Osberg, Gordon, and Lin (1994) explore the determinants of interregional and interindustry mobility of individuals in the Maritimes. Using the 1986-87 LMAS, they find that younger individuals and those with higher expected wage gains are more likely to migrate. As well, the process of migration tends to reduce the regional disparities that induce the migration decision. In conclusion, the five reasons are influence the income distribution in the United States in the 20th century. The social norms show that the income inequality is happened between men and women. The unionization shows that the unions have a power to improve the wages and benefits for their members. In this situation, the income inequality is happened between union? s members and non-unions members. Although the demand for education workers was declined, education people still earn more than the uneducated people do because they have an expertise knowledge and experience. Migration is benefits for the young individuals. They can have a chance to prove themselves. Therefore, the movement of migration decreases the regional disparities. How to cite Poverty in Canada or USA, Papers
Thursday, December 5, 2019
Disaster Medicine And Health Preparedness -Myassignmenthelp.Com
Question: Discuss About The Disaster Medicine And Health Preparedness? Answer: Introduction GE or General Electric is the most popular multinational corporation of America that has its headquarters in Boston, Massachusetts. The incorporation of this particular conglomerate corporation is in New York (Ge.com. 2018). The operating has various segments that include Energy Connections, Power, Global Research, Aviation, Transportation, Current, Renewable Energy, Oil and Gas, Healthcare, Capital and Lighting. All the above mentioned segments of General Electric serves the requirements of Pharmaceutical, Services of finance, Software Development, Medical devices, Engineering industries, Life Sciences and Automotive industries (Ge.com. 2018). In the year 2017, the organization of General Electric was ranked thirteenth in the list of the largest firms of America in terms of gross revenue. The following report outlines a brief description on the case study of General Electric. The report discusses and also analyses on the several major capabilities and competencies of this particular organization (Gamondi, Larkin and Payne 2013). These core competencies would be extremely important for General Electric. These capabilities and competencies would be discussed on the success story of the organization until the year of 2012. Moreover, the various strategic options of General Electric in the next five years will also be mentioned here (Espinoza and Ukleja 2016). The final part of the report explains about the management approach between the previous and the current Chief Executive Officers of this organization and helps to choose the best alternative that is to followed by General Electric for the betterment of the organization. GE Core Competencies and Capabilities The core competencies of an organization can be defined as the specific concepts in management that has a unique combination of several skills and resources for distinguishing the position of a firm in market (Walsh et al. 2012). The core competencies of any organization help to obtain competitive advantages. There are three distinct criteria for the fulfilment of core competencies. They are as follows: i) The core competencies help to provide proper potential access to the broad range of markets (Calzada, Prado and Marzal 2013). ii) The core competencies always make the most important contribution to all the advantages of a product. iii) The third criterion for the core competencies is the difficulty in imitating by all the competitors. The core competencies help to deliver added values to the specific clients. These are resulted from a particular set of tools, techniques and skills of production (Davis 2014). These competencies are always developed from the procedure of constant improvisations with the time period instead of one big alteration. The utilization and the proper understanding of the entire conceptualization of the core competencies are extremely important and beneficial for the organizations (Drucker 2017). The organizations utilize these core competencies for excelling at their use of knowledge and skills for the creation of anything effective. Furthermore, the proper values of stakeholders and clients are also raised with the help of the core competencies. The examples of core competencies are specialized skills, techniques and even knowledge. The core capability of an organization is the proper ability of management for the development of the core competencies (Lgar et al. 2013). The new businesses or the basic products are also developed with the help of core capability. For the organization of General Electric, there are various core competencies and core capabilities. The core competencies of General Electric are as follows: i) Development of New Products: This is the most significant and important core competency of General Electric. They have the skills or knowledge to develop new products for their clients (World Health Organization 2012). This regular and periodical development of all the new products has made the organization of General Electric to reach their organizational goals and objectives. They have become the largest organization of conglomerate corporations in the United States of America (Karger and Stoesz 2013). There is a vast increment in their market position due to this development of the new products. ii) Excellence and Performance: The second most important core competency of General Electric is the excellence and performance (Singh 2012). Their performance is extremely good and can also be claimed as the best in comparison to other conglomerate organizations of the United States of America. iii) Management of Human Resources: The human resource department of the organization of General Electric is manages perfectly by the management team of the organization (Bucur 2013). This management is extremely important and significant for the organization as human resources is responsible for the entire growth and skills of any organization. iv) Diversification: The diversification and the requirement of new alterations or changes within the organization of General Electric is the fourth core competency of this particular organization (Calzada, Prado and Marzal 2013). The constant changes for the betterment of the products have made the organization extremely popular and recognized by all. The core capabilities of General Electric are as follows: i) Leadership: This is the most significant capability of General Electric (Drucker 2017). They have the unique quality of leadership and thus they are leading the entire market of conglomerate organizations. ii) Collaboration of Workforce: The second important capability of General Electric is the collaboration of workforce (Hitt, Ireland and Hoskisson 2012). All the employees and the staffs of the organization work together and thus the organizational goals and objectives are obtained easily and smoothly. iii) Research and Development: The third significant capability of General Electric is the research and development (Hill, Jones and Schilling 2014). They have the unique capability of researching and developing innovative and new products for their business. iv) Customer Value: The fourth core capability of General Electric is the customer value. The showing of their values to their customers had brought excellent solutions to their problems. The current and the former CEOs i.e. Jack Welch or Jeffrey Immelt have succeeded in their leadership roles and responsibilities for the organization of General Electric (Peppard and Ward 2016). All the above mentioned core capabilities and competencies for GE can be explained with the help of VRIO Framework. The VRIO framework or the Valuable, Rare, Difficulty in imitation and Support by Organization framework helps to understand the overall competencies and capabilities of an organization (Calzada, Prado and Marzal 2013). The competitive implications of this organization help in understanding the competitive advantages and disadvantages. These competitive advantages of General Electric are extremely important for the organization. Moreover, the competitive disadvantages help to understand the overall weaknesses of the organization (Peppard and Ward 2016). The major competencies of General Electric have always been the innovation and the significant quality research and development by the diversification in the products and the management of their human resources. The management of employees is generally done with the help of motivation and encouragement. Furthermore, they are provided with relevant opportunities that could be extremely helpful for the integration of customer solutions ( Eden and Ackermann 2013). As General Electric has various segments and healthcare is the most important segment of this organization, the management of this segment is highly required. This can be done by the proper utilization of expertise, skills and knowledge of all the personnel of General Electric. Apart from the VRIO framework, the value chain analysis model can also explain the competencies and capabilities of General Electric (Wheelen and Hunger 2017). This value chain analysis model is a specific strategic tool that is utilized for the analysis of all the internal activities of an organization. The main objective of this particular strategic tool is the recognition of all the valuable and important activities of that particular organization. It provides competitive advantages to the organization. GE has various activities and can be explained with the help of this value chain analysis model (Lasserre 2012). The primary activities of the General Electric mainly include research and development, product development, marketing and sales, operations, logistics and the customer services. The support or the secondary activities of General Electric are the organizational infrastructure, human resources management, procurement and technology. Thus, it can be concluded that the VRIO framework and the value chain analysis model has recognized all the competencies and capabilities of the General Electric and these competencies would be helping the organization to obtain organizational goals and objectives. GE Strategic Options over Next Five Years General Electric should implement and adapt various new strategies for their business in the next five years. These strategies would be extremely important and significant for General Electric in reaching to the leading position in market (Rothaermel 2015). The implementation of these strategies should be done with proper guidance and care. The selection of the strategies should be done perfectly. There are various strategic tools for General Electric. One of the most effective strategic options for GE is SWOT analysis. The SWOT analysis of any organization helps to understand the strengths, weaknesses, opportunities and threats involved in particular activity of business (Keupp, Palmi and Gassmann 2012). This SWOT analysis is the simplest and widely utilized technique, which starts with the definition of the objective of any particular business activity or project and gradually identifies the several external and internal factors to achieve the objective. The strengths and the weakn esses of an organization is considered as the internal factors, whereas the opportunities and the threats are considered as the external factors of that organization (Eden and Ackermann 2013). The SWOT analysis is usually carried out by all organizations, products, industries or places. i) Strengths: The features or the business characteristics, which provides competitive advantages to the business over all others, are called strengths (Goetsch and Davis 2014). The strong characteristics are known as strengths of that particular organization. ii) Weaknesses: The features or the business characteristics, which provides competitive disadvantages to the business over all others, are called weaknesses of that business (Weiss 2014). The weak characteristics are known as the weaknesses of an organization. iii) Opportunities: The elements in an environment, which an organization can easily utilize for gaining competitive advantages, are known as the opportunities of the organization. iv) Threats: The elements in an environment, which can easily create big problems in an organization, are known as the threats of that particular organization. The organization of General Electric has its own strengths, weaknesses, opportunities and threats (Egan 2013). The SWOT analysis of General Electric is as follows: The strengths of General Electric are as follows: i) Global Strength and Recognition: This is the most important strength of General Electric. This particular organization is globally recognized and popular in comparison to other conglomerate organizations. ii) Good Ranking: General Electric was ranked 5th in Fortune 500 list (Mitchell and Harris 2012). This good raking is again one of the most important strength of this organization iii) Excellent Management: General Electric has the unique feature of managing the organization perfectly and the management team takes extra for this. iv) Proven Leadership and Business Models: The fourth strength of General Electric is their excellent leadership and business models. v) Diverse Product Range: The other strength of this organization is the diversified range of products (Michalski 2013). This helps them to seek the attention of the customers and also the stakeholders. The weaknesses of General Electric are as follows i) Restriction in Company Size: There is a constant restriction or limitation is the size of the organization of General Electric. ii) Flexibility: Lack of flexibility is the second weakness of this organization and thus often suffers from several problems. iii) Energy Segment Underperforming: The third weakness of this organization is the underperforming of the energy segment (Peppard and Ward 2016). Therefore, there exists no signs of future recovery, which can be a major problem for the organization. iv) Reduction of reaction times due to large business: The fourth weakness of General Electric is the decrease or reduction of various reaction times to shifts in all the targeted markets (Rothaermel 2015). This occurs due to the excessive stretching of the business. The opportunities of General Electric are as follows: i) Research and Development: General Electric has significant opportunity in research and development (Lasserre 2012). ii) Increment in Geographical growth: The increment in the geographical growth is the second opportunity for General Electric as it will enhance more geographical areas. iii) Improvised customer services: The improved customer services is the third opportunity of General Electric as this improvisation will attract more customers towards the organization (Hill, Jones and Schilling 2014). The threats of General Electric are as follows: i) Exposure to Global Economy: The most significant threat of General Electric is the exposure to global economy. This exposure can bring major losses to the organization. ii) Slowing down of Economy: The slowing down of economy would eventually affect General Electric as 40% of the total revenue is generated from overseas (Wheelen and Hunger 2017). iii) Exposed to Currency Fluctuations: The exposure to the currency fluctuations is the third threat to General Electric. iv) More transparency and disclosure: Excessive transparency apparently loses the confidentially and privacy of an organization (Peppard and Ward 2016). General Electric should not disclose all of their business activities. v) Constant technological changes: The regular alteration in technology is the fourth threat to General Electric as the technical breakdown can bring losses to the organization (Hitt, Ireland and Hoskisson 2012). vi) Excess diversification: General Electric is excessive diversified in case of their products. This diversification may not be accepted by the customers and the organization may face losses (Rothaermel 2015). Apart from the SWOT analysis, the second strategic option that can help General Electric in the next five years is PEST analysis. This is the scanning of various external environmental factors, within which the organization is existing (Eden and Ackermann 2013). This is the most useful technique for knowing about the political, economic, socio-cultural and technological environment where an organization is operating. The PEST Analysis of General Electric is as follows: i) Political Factors: The political factors of General Electric manly involve the various rules like the tax policy, trade restrictions, employment laws, political stability and environmental regulations (Mitchell and Harris 2012). ii) Economic Factors: The economic factors of General Electric mainly include the interest rates, currency exchange rate, economic growth and inflation rate (Rothaermel 2015). These factors are extremely important for GE. iii) Social Factors: The social factors are the population growth, health attitudes and age demographics. iv) Technological Factors: The most important factors of General Electric are the technological factors in PEST analysis (Lasserre 2012). The investment incentives and the rate of alterations in technology are mostly influenced by the technological factors. Thus, SWOT analysis and PEST analysis are the two examples of strategic options for GE for the betterment in the next five years. There are various strategic options available for GE (Weiss 2014). The most suitable and recommended strategic option for GE is the diversifying in the higher growth markets with the help of advanced technologies. GE has a diverse range of products in several segments like software, medical engineering, pharmaceutical and many more. In this type of conglomerate organizations, diversification is highly recommended (Mitchell and Harris 2012). The utilization of advanced technology in their business will definitely bring huge success in the next five years. Kaplans Balanced Scorecard helps to analyse and evaluate the strategies undertaken by an organization (Keupp, Palmi and Gassmann 2012). It prioritizes the various products and services and monitors or tracks the overall progress to the strategic targets. The Kaplans Balanced Scorecard for GE is as follows: The vision and strategy of the Kaplan Balanced Scorecard comprises of four aspects, namely, customer, financial, internal business and learning and growth (Keupp, Palmi and Gassmann 2012). The recommended strategy for GE is the diversification by advanced technologies. The customer should be satisfied with the overall diversification of products. This diversification should also match with the financial criteria of the organization and should not exceed limit. The internal business processes must be checked and tracked for meeting the estimated targets and various opportunities of learning and growth must be present (Mitchell and Harris 2012). Thus, Kaplans Balanced Scorecard would be utilized for monitoring the strategies of GE. The strategies can be evaluated with the technique of SAFe, which means suitability, acceptability, feasibility and evaluation. Jack Welch or Jeffrey Immelt? A Management Approach Perspective The management approach is evaluated on the basis of several factors and parameters (Ge.com. 2018). Moreover, the management style is extremely required in this case. Jack Welch was the former CEO of General Electric from the year 1981 until 2001. He was then succeeded by the current CEO of General Electric, namely Jeffrey Immelt. Both of them are known for their exclusive management approaches (Michalski 2013). However, both of the approaches differ a lot due to the time gap. The comparison and contrast between the management approaches of Jack Welch and Jeffrey Immelt are as follows: i) Business Operations: There is a huge difference between the management approaches of the two CEOs. Jack Welch mainly focused on the improvisation of efficiency and cost effectiveness (Egan 2013). He was the first one to introduce the Six Sigma Lean Management in business. However, Jeffery Immelt mainly focuses on taking up challenges and innovation in business and opted for advance marketing. ii) Leadership: Both of them had their unique ways of leadership. Jack Welch focused on the sincerity of tasks and for him performance was everything (Michalski 2013). However, Jeffery Immelt is democratic in nature and concentrates on effectiveness and not performance. iii) Strategies in Business: Jack Welch had the habit of dynamic planning, which eventually means he took decisions at the end moment. However, Jeffery Immelt is total opposite (Mitchell and Harris 2012). He beliefs in long term advantages and makes decisions much prior to the actions. iv) Economic conditions: Jack Welch has only faced all types of domestic competition (Michalski 2013). However, Jeffery Immelt has faced every situation like slowing down of global economy to international competition. Hence, from the comparison, it is evident that Jeffery Immelt is a step forward than the former CEO of GE as he has seen various business turmoil and has a much more practical approach for his business (Ge.com. 2018). The present business world is VUCA or volatile, uncertain, complex and ambiguous. It is highly needed that the business strategies should be changed periodically with practical approaches. Jeffrey Immelt is more suitable in this situation. Conclusion Therefore, from the above discussion it can be concluded that GE is the largest multinational organization of the United States of America. It is a conglomerate corporation that has its incorporation in New York and the headquarters are in Boston. This particular company has several sub divisions mainly including the Renewable Energy, Capital, Aviation, Energy Connections, Power, Lighting, Global Research, Transportation, Current, Oil and Gas and Healthcare. Each and every segment of the organization of General Electric provides the specific needs of industries related to engineering, automotive industries, medical devices, finance services, pharmaceutical, software development and finally life sciences. The above report has described about the core competencies of General electric organization. Moreover, the several strategies are also discussed here that could be the options for this organization. There was always a comparison between the present and the previous Chief Executive Of ficers or CEOs of General Electric. The best management approach for this organization is also provided in the report with relevant details, References Bucur, I., 2013. Managerial core competencies as predictors of managerial performance, on different levels of management.Procedia-social and behavioral sciences,78, pp.365-369. Calzada Prado, J. and Marzal, M.., 2013. Incorporating data literacy into information literacy programs: Core competencies and contents.Libri,63(2), pp.123-134. Davis, A., 2014. Core Communication Competencies in. Drucker, P.F., 2017.The Theory of the Business (Harvard Business Review Classics). Harvard Business Press. Eden, C. and Ackermann, F., 2013.Making strategy: The journey of strategic management. Sage. Egan, G., 2013.The skilled helper: A problem-management and opportunity-development approach to helping. Cengage Learning. Espinoza, C. and Ukleja, M., 2016.Managing the Millennials: Discover the core competencies for managing today's workforce. John Wiley Sons. Gamondi, C., Larkin, P. and Payne, S., 2013. Core competencies in palliative care: an EAPC white paper on palliative care education: part 2.European Journal of palliative care. Ge.com. 2018.About Us. [online] Available at: https://www.ge.com/about-us/powering [Accessed 25 Jan. 2018]. Ge.com. 2018.GE | The Digital Industrial Company | Imagination at Work. [online] Available at: https://www.ge.com/ [Accessed 25 Jan. 2018]. Goetsch, D.L. and Davis, S.B., 2014.Quality management for organizational excellence. Upper Saddle River, NJ: pearson. Hill, C.W., Jones, G.R. and Schilling, M.A., 2014.Strategic management: theory: an integrated approach. Cengage Learning. Hitt, M.A., Ireland, R.D. and Hoskisson, R.E., 2012.Strategic management cases: competitiveness and globalization. Cengage Learning. Karger, H.J. and Stoesz, D., 2013.American social welfare policy: A pluralist approach (brief edition). Pearson. Keupp, M.M., Palmi, M. and Gassmann, O., 2012. The strategic psychology of innovation: A systematic review and paths for future research.International Journal of Management Reviews,14(4), pp.367-390. Lasserre, P., 2012.Global strategic management. Palgrave Macmillan. Lgar, F., Moumjid?Ferdjaoui, N., Drolet, R., Stacey, D., Hrter, M., Bastian, H., Beaulieu, M.D., Borduas, F., Charles, C., Coulter, A. and Desroches, S., 2013. Core competencies for shared decision making training programs: insights from an international, interdisciplinary working group.Journal of Continuing Education in the Health Professions,33(4), pp.267-273. Michalski, G., 2013. Portfolio management approach in trade credit decision making.arXiv preprint arXiv:1301.3823. Mitchell, T. and Harris, K., 2012. Resilience: A risk management approach.ODI Background Note. Overseas Development Institute: London. Peppard, J. and Ward, J., 2016.The strategic management of information systems: Building a digital strategy. John Wiley Sons. Rothaermel, F.T., 2015.Strategic management. McGraw-Hill Education. Singh, P.K., 2012. Management of business processes can help an organization achieve competitive advantage.International Management Review,8(2), p.19. Walsh, L., Subbarao, I., Gebbie, K., Schor, K.W., Lyznicki, J., Strauss-Riggs, K., Cooper, A., Hsu, E.B., King, R.V., Mitas, J.A. and Hick, J., 2012. Core competencies for disaster medicine and public health.Disaster medicine and public health preparedness,6(1), pp.44-52. Weiss, J.W., 2014.Business ethics: A stakeholder and issues management approach. Berrett-Koehler Publishers. Wheelen, T.L. and Hunger, J.D., 2017.Strategic management and business policy. pearson. World Health Organization, 2012. Health education: theoretical concepts, effective strategies and core competencies: a foundation document to guide capacity development of health educators.
Subscribe to:
Posts (Atom)