Sunday, January 26, 2020
Ericsson Mobile Platforms Using Value Chain Model Information Technology Essay
Ericsson Mobile Platforms Using Value Chain Model Information Technology Essay The value grid approach allows firms to identify opportunities and threats in a more explicit way than the traditional value chain. This research aims to test the Value Grid in a multinational company: Ericsson Mobile Platforms (EMP). How does the value grid model help to define the organizations Key Success Factors (KSF)? For this case study, the value grid concept proved to be an interesting heuristic tool to locate opportunities that are not evident from a traditional value chain perspective. EMP can identify indirect ways of influencing demand by playing a coordinative role with network operators. Key Success Factors for Ericsson Mobile Platforms using Porters Value Chain model The value chain model, first depicted and popularized by Michael Porter in 1985, has proved to be an effective approach to analyze and capture the value generated along a chain of activities. But, with the increasing complexity of production and service delivery, critique has arisen from both academics and professionals in terms of value chain model applicability. The value grid approach allows firms to move beyond their industry lines and to identify opportunities and threats in a more explicit way. This research aims to test the Value Grid in a multinational company: Ericsson Mobile Platforms (EMP). How does the value grid model help to find novel opportunities and define the organizations Key Success Factors (KSF)? For this case study, the value grid concept proved to be an interesting heuristic tool to locate opportunities that are not evident from a traditional value chain perspective. EMP can identify indirect ways of influencing demand by playing a coordinative role with netwo rk operators. 1. Models of Value The purpose of this part is to analyze the evolution of value models from the value chain to the value grid through the value system, the value network and the added value chain. The intent is to clarify the relevance of the value grid choice for studying the case of Ericson Mobile Platform. The Value chain The value chain includes all the activities involved in product making. It is a useful tool to measure the value created for each activity in the process of product creation. It is a part of a firms strategic planning to arrange these activities in a way that the total value, the value that buyers are willing to pay, exceeds the total cost. According to Porter (1985), a company can create value through a cost advantage or product differentiation. Porter (1985) identifies two types of activities in the value chain: Primary activities and Support activities. Primary activities are those that create customer value. The goal of the primary activities is to produce value that exceeds the cost, thereby resulting in a profit margin. Support activities concern procurement, human resource management, technological development and infrastructure such as accounting, legal, finance, planning, public affairs, government relations, quality assurance and general management. The activities in the value chain are not independent. Linkages may exist between activities. In fact, one process may affect the cost and performance of the others. Linkage can exist between primary activities, as well as, between primary and support activities. Therefore, competitive advantages can also be derived from the linkages between activities. This is a highly relevant situation for EMP. The Value System Porter (1985) extends the concept of the value chain; a firms value chain is a part of the Value System, which is a network of interconnected value chains between suppliers and buyers. The value system includes the value chains of the upstream suppliers and downstream channels and customers. The available total margin is spread across suppliers, distributors and customers (Recklies, 2001) in the value system. The amount of how much part of this margin is received by each member depends on its market position and negotiation power (Recklies, 2001). A firm who has higher degree of vertical integration has a better position in coordinating its upstream and downstream activities and therefore get a higher margin, however a company with low level of vertical integration can also get high margins if it can achieve better coordination with suppliers and partners. The Value Network Porter (1980, 1985) measures value chain and the five forces model extracted from the organizations activities, in terms of financial value (margin) but ignore the fact that intangible assets such as competencies, internal structures and relationship with the environment are the driving factors behind the financial results (Sveiby, 1997). New methods appear to take into consideration the intangible assets. Value Network Analysis (Allee, 2003) is a method that combines tools that analyze strategy with insight into complexity of interactions among people (Middendorp, 2005). According to this analysis, the intangible assets should be considered as negotiable and exchangeable. Peppar and Rylander (2006) introduce the Network Value Analysis (NVA) method as a way to analyze competitive ecosystems. Combinations of players co-create the value in the network and the method focus not only on the company or the industry, but the value creating system itself (Peppar and Rylander, 2006). Firms cultivate an ecosystem a set of firms that can co-create value by building relationships among the different players in the industry: suppliers, partners, allies and customers (Peppar and Rylander, 2006). Firms that understand the sources of value in the network and are able to exploit them will be the winners in tomorrows more complex industries (Peppar and Rylander, 2006). The Added-value Chain According to McPhee and Wheeler (2006), focusing on the firms internal core activities is not sufficient to generate value in todays firms. The authors propose an added-value chain model that includes a set of expanded business activities from different business models and a redefinition of value that incorporates brand, reputation, and relationship-based value drivers of the firm. In the added-value chain model, the definition of value incorporates profit margin and intangible assets like leadership quality, innovate capability, brand equity and competences in strategic-alliance development. This new value definition gives to the firms the ability to evaluate how their strategies affect both hard and soft assets of the firms (McPhee and Wheeler, 2006). This model is incomplete for example in finding and exploring non-linear value opportunities. The Value Grid New research conducted by Pil and Holweg (2006) argues that this approach can also put a stranglehold on innovation at a time when the greatest opportunities for value creation (and the most significant threats to long-term survival) often originate outside the traditional, linear view. Based on this critic, Pil and Holweg (2006) develop an evolved concept of Value Chain called Value Grid, which has a variety of new paths to enhanced performance, resulting in a three dimensional grid: the vertical, the horizontal and the integrative diagonal dimensions. Regarding the vertical dimension, firms are seeking for competitive advantages in the value chain by reducing cost, reducing lead time between activities and improving coordination between supplier and customers. However, how the benefits are distributed across the value chain depends on the balanced power between suppliers and manufactures. Therefore companies need to focus on three areas: Opportunities to influence customer demand both upstream and downstream, opportunities to modify information access in either direction, and finally opportunities to explore penetration points in multiple tiers that are not immediately adjacent (Pil and Holweg, 2006). The horizontal dimension provides opportunities for companies to move across value chains, in order to leverage economies of scale across multiple sources of demand (Pil and Holweg, 2006). The potential of this dimension is to enable companies to manage risk, seize existing value (special products with advanced technology), integrate sources of existing value and explore new ways to create value. The horizontal thinking allows parallel value chains to be viewed from different industries, in this way companies can integrate these parallel value chains to offer package or price combinations, which cannot be achieved by the single value chain approach. Finally, in the diagonal dimension, firms explore the grid in an integrative fashion, in order to increase the control over inputs and customers. Firms looks at the upstream and downstream of other value chains for controlling the critical components of the supply chain and uncovering new ways of boosting customer demands (Pil and Holweg, 2006). Pil and Holweg describe the two strategies that take advantages from this dimension: The first is pursuing Pinch-Point mapping when companies shall monitor key component supplies and negotiate alternative source of components. The second is defining demand enablers when companies that have a particular expertise in a given value chain, can examine other value chains in other industries that can leads to new opportunities to leverage key competitive advantages (Pil and Holweg, 2006). Industry Background The telecommunications industry is undergoing radical transformations through liberalization, lowering of technological barriers to entry and the diversity of players (Li and Whalley, 2002). Originally, the process of manufacturing a complete mobile phone was finished within one company. However, as with the PC industry, the value chain for making a mobile phone has become more fragmented according to a more stratified approach (Anderson and JÃ ¶nsson, 2006). Companies like Ericsson Mobile Platforms (EMP) and Qualcomm are examples of this change in the industry. They provide technology solutions for mobile manufactures that enable them to make a new phone model much faster without having the core knowledge like radio access. New actors and new services enlarge the mobile communications value chain in both ways, functionally and institutionally (Buellingen and Woerter , 2004; Ballon, de Munck, Poel and de Pas, 2001; Fertig, Prince and Walrod,1999). The traditional concept of value chain may not be sufficient for todays firms (Buellingen and Woerter, 2004). Barnes (2002) tries to adapt the value chain analysis for m-commerce and analyses the players, technologies and activities involved. Full-size image (36K) The basic model consists of six core processes in two main areas: First infrastructure and services, and second the area of content. Pagani and Fine (2008) consider five principal actors in the supply chain: the content providers, application providers, infrastructure providers, network providers the device providers. They assume that the end consumers create demand, set the rules of engagement and then pull the supply chain system (Pagani and Fine, 2008). In the last decade with the entry of powerful new players, rapid technological developments and increasing market turbulences (Li and Whalley, 2002), the mobile handset industry has changed from a vertical specialization to a more horizontally stratified structure. A complex and rapidly evolving value network is developing (Li and Whalley, 2002). There are more parties involved in the process of making a mobile phone. Each party focuses on areas of the value chain where they have core competences such as new technology, customer relationships management, or infrastructure management. The market is then highly complex and competitive given the fact that companies compete also with companies from other industries operating under different value propositions and economics (Li and Whalley, 2002). Methodology: Research design and data collection There are several techniques for identifying Key Success Factors, Leidecker and Bruno (1984) propose the following: environmental scanning, industry structure analysis, industrial experts opinions, competitors analysis, best practice analysis, assessment of the companys internal feeling or judgment, intuitive factors and gathered data of profit impact and market strategy. This study mixes between internal assessment of a firm and industrial experts opinions. This internal assessment technique explores the firms forces and weaknesses. The KSFs are thus concluded from the interviews with experts in the industry. - Figure 1 about here - As designed in the research model, first a value chain analysis focuses on the firms core competences from an inside perspective. In parallel, the firms value chain is positioned into the value system of the industry, to identify adjacent players and external linkages and determine firms ecosystem. An analysis of the Value Chain aims to identify competitive advantages. From the Value System and the ecosystem, the Value Grid framework identifies competitive advantages from its three dimensions. The outcomes from Value chain and Value Grid are analyzed to test the Value Grid and to extract the KSF for EMP. An ideal analysis of the KSF for EMP would be to do benchmarking with other companies from the same Industry. Then it will be possible to define EMPs real strategic advantages. However, due to availability of information this research focuses on an inside-out perspective and tests the concept of the Value Grid using one source of empirical data (a single case study). Semi-structured interviews are conducted with a specific list of topics to be covered (Bryman and Bell, 2003). The advantage of this method is that the interviewer is free to reformulate the questions or simply ask new questions that may appear as a result of the answer of the interviewee (Bryman and Bell, 2003). According to Grunert and Ellegaard (1992), this type of interview with business decision makers can measure perceived KSF. Five key persons are chosen for an interview from EMP: Robert Puskaric, head of EMP, Martin JÃ ¶nsson, from Product Portfolio Management, Fredrik Dalhgren Deputy Director of System Management, PÃ ¤r Stigmer from Sourcing and Supply and Linda Wenerman from Product Management. Empirical Findings for Ericsson Mobile Platforms Ericsson Mobile Platforms is a business unit within the Ericsson Group. It was founded in 2001 as a result of a split from the Ericsson mobile handset division, Ericsson Mobile Communications. This split ended up in Ericsson Mobile Platforms (EMP) and the joint-venture Sony Ericsson Mobile Communications. Before that time, Ericsson produced mobile platforms for in-house use only. Through EMP, Ericsson started to license open-standard 2.5G and 3G technology platforms to other mobile phone manufacturers and other mobile communication devices. EMP offers stable platform deliveries that include ASICs and development boards (hardware), platform software, reference design, development and testing tools, training, support and documentation. The EMP platforms contain integrated circuits and softwares needed to build a GPRS, EDGE and/or WCDMA phone. It provides all the system functions such as Network Signaling, Data communications and Multimedia services. The system architecture of EMP is a modular design that is built on a use case analysis (Kornby, 2005). Examples of use cases are: imagining, video telephony, voice call, multimedia streaming, call handling, audio and video. The following criteria have been taken into account to develop this system architecture (Kornby, 2005): complete platform software (not only protocols), stability, flexibility, scalability to different market segments, adaptability to customer software applications, one single architecture for different mobile systems (GPRS, EDGE, WCDMA), maximum reuse of components and customer applications; and backward compatibility in software over the time. Customers build their applications on top of EMP platform software stack. Examples of customers applications are: multimedia players, phone call applications, web browsers, etc. EMP also supplies a suite of core applications where customers can use as a starting point for building their applications. EMP provides a complete application suite to support customers who do not build their own applications. This is especially for customers who want to focus in the low-end market. The goal of the EMPs Application Suite is to reduce time-to-market for customers in launching their phones. EMPs business model The EMPs business model consists of two parts: to license its core technology and to sell engineering support services to the customers. EMP charges a one-time up-front fixed payment for a Platform license and a royalty per unit that represent the major source of revenue (Kornby, 2005). EMP has built an ecosystem in order to ensure the maximum value creation for EMP. The five players in the EMPs ecosystem are depicted in figure 2. - Figure 2 about here - The first set of players relates to Network Providers; these companies offer the telecom infrastructure such as wireless communications systems. The main partner with EMP is LM Ericssons network group. They work hand-by-hand to provide end-to-end solutions, align roadmaps and ensure that EMP platforms can support the new network functionality offered by Ericsson (Kornby, 2005). Second, EMP has a closer relationship with the customers to ensure that new customer requirements are collected promptly in order to implement new functionality as early as possible. The third set of players in EMP ecosystem relates to Network Operators. These companies provide the services to the end-users (subscribers). They also purchase phones from mobile manufactures that are sold to the operators subscribers. Very often operators request mobile manufactures to use a specific mobile platform (Kornby, 2005). Thus EMP has built an important relationship in order to understand future operators requirements to secure that new functionality is available in the EMPs platform. Fourth, EMP and LM Ericsson are active at work with the standardization bodies such as 3GPP, OMA, JCP and OMPT. This is done in order to ensure interoperability of EMPs mobile platforms worldwide. And finally EMP works actively with ASIC, peripheral, IP and software suppliers in order to get fair prices for building EMP products. 4.2 The EMPs Value Chain and Value System The direct activities of EMPs value chain are: supply chain Management, hardware design activity, Software development and integration activity, a system reference design activity, a System Test and Interoperability Test (IOT), Product Use, External Networks and finally a customization activity. EMP has also a prototype unit that builds prototype phones for testing early functionality. The EMPs value chain and value system are depicted in figure 3. - Figure 3 about here - 4.2.1 Supply Chain Management EMP basically does not have any regular material flow, but outsource software and hardware through licenses. The task of the sourcing and supply department is to act as an internal consultant at EMP for deciding whether to buy an IP or develop hardware/software in-house. The sourcing department works tightly with the product definition and the RD organization; they work proactively to ensure fair prices. The decisions are based on three aspects: comparing the prices of buying from others and developing by itself, assessing the risk of buying and finally evaluating the total value by an in-house development. For example, to get a new IP in the platform, the sourcing department evaluates the total cost composed of the getting IP cost from supplier and the using IP cost (license) per ASIC. In this case customers pay the license directly, the cost of integrating an IP into the suppliers ASIC (a supplier may have already the knowledge of adding this IP, thus it becomes cheaper) and the co st of the final integration into the platform (how difficult is to make drivers and APIs to control the IP). The sourcing and supply department acts differently depending of what wants to outsource. For IPs, the negotiations are based on case, for ARM and DSP cores it builds long term relationship with the suppliers, and for a specific component such as Image Signal Processor (ISP) it chooses the best price in the market. Since ASICs are costly, EMP co-develops the design with suppliers and builds long term relationship. 4.2.2 Hardware design (HW) Regarding the Hardware, EMP only designs and specifies requirements for the different hardware components in the platform. As is shown in the Error: Reference source not foundASIC suppliers (or fabs) test and manufacture the hardware. EMP verifies the hardware components only when it builds the reference design. The design of the HW is divided into two main parts, Front-End and Back End design. For the Radio Frequency (RF) hardware EMP designs the Front-End and Back-End. For the Digital Base Band (DBB) EMP only does the front-end design. Finally, the analog base band (ABB) ASIC, EMP only specifies the hardware requirements and leaves the rest to the ASICs suppliers 4.2.3 Software development and Integration Software development and Integration refers to developing software solutions for the different stacks in the software platform architecture. This activity also involves developing EMP (in-house) software stacks such as Network Signaling protocols for WCDMA, GSM/GPRS and EDGE; data communication protocols such as, TCP/IP, RTP, and IMS; multimedia protocols for streaming music and video; developing a set of application platform interfaces to control the software platform and hardware. DBB, ABB, RF, and peripheral are to implement low level drivers to control hardware components inside the mobile platform. This activity also involves integration of third party proprietary software components such as, music codecs (like MP3 and Windows media player), and operating systems. This activity also involves testing the software at different levels: module tests, regression tests and integration tests. 4.2.4 Reference design EMP builds reference boards and real-size reference phones. These non-commercial phones are produced in small quantities that are internally used for software development and hardware verification, interoperability test and early-stage test of hardware for customers. 4.2.5 System Test and Interoperability test The system test consists of the verification of the complete reference design. The tests are conducted in lab, with network vendors and interoperability test with major live networks operators in the world. This is a very costly task and it is done to uncover ambiguities in the basic standards and specification. It also covers informal type approval test for the phone (Kornby, 2005). Value Chain Analysis According to the theoretical framework a company can generate competitive advantages by analyzing the different activities in the value chain. EMPs value chain basically works only in the service domain. EMP licenses its platform solutions and let the customers manage the manufacturing process with EMPs suppliers, thus the EMPs core activities are design (both in hardware and software), integration and testing of the platform (of the whole system). EMPs advantage appears in the fact that the firm has designed a holistic system architecture which makes easy to develop and test the functionality independently. This saves considerable a considerable time amount at the integration phase. Moreover, the system is designed to be flexible and scalable, so it is easy to re-use and add new functionality. Therefore, EMPs main strength is that the firm successfully manages to develop, integrate and test very complex new technologies to deliver a stable cost-effective platform solution when techn ology development is not in a mature phase. The main EMPs competitive advantage is to be the leader in providing cost-effective solutions for the mass market when the new technologies are emerging. Another interesting strength found is that the brand image of Ericsson plays an important role when meeting with new suppliers. The reputation of the Ericsson corporation is transferred to EMP and it facilitates the starting of new agreements and business opportunities. Potential Risks The value chain is an analytical tool that helps to find value in each activity; this can also be used for finding weakness and improvement areas. From the value chain we can identify two main weaknesses. First, the base band ASICs are the most costly part in the platform, despite that EMP says that it has managed to get fair licenses prices for the ASICs. The power of the suppliers is relatively high, thus EMP cannot have full control of the hardware prices. It seems that high margins still go to ASIC manufactures. Second, at this moment, EMP does not have the competence and the resources to integrate vertically in the upstream value chain. According to the interviewees, the most valuable strategic resource at EMP resides in personnels competence in the area of radio access technology and in the skills for designing a flexible and low cost system. These two competences are the driving forces for providing a cost-optimized mobile platform. The main risk in the value chain comes from the suppliers side. When technology reached a mature market, there is a risk that the technology becomes a commodity product and thus, suppliers can acquire knowledge on how to implement these technologies in their own ASICs. This implies that ASIC manufactures can produce ultra low cost platforms, due to the fact that they can control the price of the hardware. Another identified potential risk relate to how much EMP should outsource (Varadarajan, 2009). As is shown in the value chain (figure 3), EMP outsources a number of software components. An indiscriminate software outsourcing policy may lead to the loss of competences inside the EMP value chain (such as signal processing knowledge) thus reduce the value of the platform offering. 5.2 Benchmark What are the EMPs keys factors that are considered important for success? EMP is constantly evaluating and comparing with competitors in terms of cost, size, performance and power consumption of the product offering. From an end-users perspective, EMP is interested in delivering high quality multimedia functions for providing good speech and audio quality. Other benchmark measures are purely financial measures. All the interviewees agree that there are areas of improvement for EMP from a value chain perspective. 5.2.1 Horizontal integration In most of the interviews, a potential improvement for EMP consists in the integration of the value chain from a horizontal perspective by adding others technologies for example to offer an integrated solution with WLAN, BT or FM radio. The platform today provides the flexibility to add these peripherals, but this is a work that the customer must do when he done the product design (and it doesnt add a real value for EMP). This extended platform function offering in EMP platforms has the following impacts: 1) As customers will have less control over the price for these peripherals, they will not be able to bargain the prices 2) the cost of the EMP platform for customers will increase, 3) the total PCB area will go down due to integration of the peripheral in the ASICs and 4) the final product from a customer perspective (i.e. phone ready to launch with everything in place) will result in a total cost reduction. Thus, EMP would add value into the platform and customers will benefit fro m cheaper phones. In order to integrate these peripherals, EMP should create alliances with these suppliers in a cost effective manner (HÃ ¥kansson and Ford, 2002). It is not enough to just integrate any peripheral; it should be a peripheral that can be used by almost all customers in the different platforms, in a way that provide a common platform offering. Otherwise it will end up in a customized platform and the total value added from a portfolio perspective may not be that clear. An example of a peripheral that may fit with this approach is BT devices. The goal of EMP will probably be the re-use of the same platform as much as possible; however this is not defined yet. EMP has managed to have more than one ASIC supplier. This has increased the possibilities of getting fair prices. EMP is still looking to increase the number of suppliers to gain bargaining power. 5.2.2 Vertical integration Almost all the interviews discuss the fact, if the vertically integration must be in the upstream or not. As was described, the most costly part in the platforms is the ASICs and in order to offer competitive price, alliances must be created with ASICs suppliers. However, what if EMP chooses a fabless model? EMP would need then to focus more on the design of the hardware devices (today, it leaves it to some suppliers to design the hardware). EMP should start to do more IP designs, to focus on the back-end design of all the hardware components (ASICs) and create cell libraries for them. This vertical integration implies that EMP would leave ASIC manufacturing to a silicon foundry (for example, companies like TSMC, UMC, Chartered, etc). The advantage is that EMP would be able to choose suppliers, to get better prices and thus to get higher margins. For instance the EMPs competitor Qualcomm has this approach and uses TSMC as ASIC manufacturing. Nevertheless, complete back-end design requires EMP to build specific competence and skills for the complete hardware design. Moreover, EMP would need to take care of production issues like yield management, quality and logistics. This could lead to an expensive learning experience. Since EMP is a rather small company in global terms which focuses mostly in software design and system integration, a solution would probably be to invest in a company who has already the skills and experience. But in the near future this option will be not considered. Test of Value Grid Value Grid offers a variety of new paths to enhance performance, resulting in a three dimensional grid: the vertical, the horizontal and the integrative diagonal dimensions (Pil and Holweg, 2006). 6.1 Vertical Dimension From the theory of Value Grid and the analysis of the value chain in the previous section, there is a match between the External Networks from the value-added chain concept and how to influence customer demand in the downstream. In this case the relationship between EMP and network operators plays an important coordinative role (Andersen and Christensen, 2005). EMP cannot influence demand directly since this activity is mainly driven by EMPs customers who manufacture, distribute and sell the phones to operators and end-users by other distribution channels. Indeed, network operators distribute a great part of the mobiles phones to the end-users due to their infrastructure. In order to increase traffic in their networks, they finance partly the cost of the phone by tying it with contracts (fixed subscriptions periods normally for one or two years) or offering a phone at lower cost with the restriction that the phone can only be used exclusively with prepaid SIM cards. Therefore, to inc rease sales and market share, EMP can build a strong relationship with operators and persuade them to buy mobiles phones from EMPs customers. 6.2 Horizontal Dimension In this dimension similarities were detected betwee
Saturday, January 18, 2020
Odie clutched the can of orange juice
Odie clutched the can of orange juice. It was very cold against his palms which were very wetââ¬âeither from the coldness or the sweat that was slowly forming in his callused hands. He had callused handsââ¬âhands which had been witnesses to the harsh realities of life and the absurdities of thingsââ¬âof fate and of faith. Odie smiled upon remembering his hands.The hands of a warrior. He was watching the battlefield in front of himââ¬âthe warriors were armed. Only a simple command from himââ¬âtheir leaderââ¬âand the thousands of warriors would be willing to sacrifice their lives for the survival of their tribe, of their nation.Odie raised his right hand, brandishing the gleaming sword in the airââ¬âthe war has begun. He opened his mouth to give the commandâ⬠¦ and a car screeched nearby and Odie was awakened from his day dreaming. He was no warrior and there was no sword.The can of orange juice had lost its coldness by then, and Odie walked up their path way into the confines of his home. No, it was a house. No, it was also not a house. It was a tiny apartmentââ¬âjust a very, very small space in this world where he can sleep, eat, take a bath, change clothes, andâ⬠¦ become someone else.Odie stepped into his room and looked at the computerââ¬âthis is itââ¬âthe moment when he stops from being the muddled and the ridiculed Odie. This is the moment when he stops from being the weird and tame Odie. In fact, this is where he stops from being Odie altogetherââ¬âhe can now be anything and anyone whom he wants to be.The only thing in the world right now is the computer screen, the people on-line who are impatiently waiting and clamoring for the attention of his other selfââ¬âBrigade719.Odie logged on and Brigade719 has entered the world of cyberspace. He was now lost to the endless possibilities which can happen. He can be the warrior who brandishes the gleaming sword, he can be the courageous general who bravely stan ds on the front, he can be the destroyer of evil empires, and he can be the prince to the many princesses who are vying for his on-line attention.Odie clutched the can of orange juice. He walked slowly and silently along the hallways of his universityââ¬âno one was paying him any attention. If a person looked at him now, in a matter of seconds, he would probably be forgotten. He was small, scrawny, and shy. In the room, he barely spoke; he barely talked even when he was addressed by his professors. Not that his professors actually talked to him.The average times of people actually addressing Odie would be the average times a Starbucks store would be closing downââ¬âwhich to say, was rarely. Yet, he was kind and gentle. In fact, he was too kind and too gentle that people rendered him to be non-existent. But thatââ¬â¢s okay with Odieââ¬âsince later on, in the confines of his tiny apartment, in that very messy roomââ¬âhe becomes someone else.Odie logged on and Brigad e719 has entered the world of cyberspace. There, in the screen, are over a hundred invitations to be his on-line friend. There, in the bright, bright screen, are over a thousand possibilities of showing his intelligence, his bravery, and his wit. Brigade719 smiled. He was readyââ¬âbringing his fingers closer to the keyboard, he took on the possibilities.
Friday, January 10, 2020
GDP â⬠A Gross Deception
Capitalism concentrates on production of wealth more than distribution of wealth to satisfy the needs, which is secondary in their view. Therefore, the capitalist economic system has one aim, which is to increase the country's wealth as a whole, and it works to arrive at the highest possible level of production. It considers that the achievement of the highest possible level of welfare for the members of society will come as a result of increasing the national income by raising the level of production in the country, and in enabling individuals to be able to take the wealth, by being left free to work in producing and possessing it. So for capitalists the economy does not exist to satisfy the needs of every individual, rather it is focused on satisfying the needs of the wider community by raising the level of production and increasing the national income of the country. It believes that through the availability of the national income, the distribution of income among the members of society occurs, by means of freedom of possession and freedom of work. So it is left to the individuals to obtain what they can of the wealth, everyone according to what he has of its productive factors, whether all the individuals or only some individuals are satisfied. This is the so called ââ¬Å"trickle-down effectâ⬠, a now-discredited theory of distribution which holds that the concentration of wealth in a few hands benefits the poor as the wealth necessarily ââ¬Å"trickles downâ⬠to them, mainly through employment and as a result of investments made by the wealthy. In most cases, this policy failed, as the benefits were pocketed by a few. GNP is used widely by the capitalist nations as a measure of total production of all goods and services produced in a nation (usually annually) and central to a governmentââ¬â¢s national income accounts. GNP was introduced during World War II as a measure of wartime production capacity, since then the Gross National Product (since changed to Gross Domestic Product ââ¬â GDP) has become a nation's foremost indicator of economic progress. Yet the GDP was never intended for this role. It is merely a gross tally of products and services bought and sold. However it is now widely used by policy makers, economists, international agencies and the media as the primary scorecard of a nation's economic health and well- being. Yet in this role it has many serious flaws. 1. The GDP ignores everything that happens outside the realm of monetized exchange, regardless of its importance to well-being and the society. Hence values (humanitarian, ethical, spiritual) other than material values go entirely ignored. 2. The GDP records every monetary transaction as positive, so the costs of social decay and natural disasters are tallied as an economic advance. For example the terrible effects of crime are recorded positively as adding billions of dollars to the GDP due to the need for locks and other security measures, increased police protection, property damage, and medical costs. Hurricane Andrew was a disaster for Southern Florida USA, but the GDP recorded it as a boon to the economy of well over $15 billion. 3. GDP ignores the drawbacks of living on foreign assets. Where governments have increased their spending by borrowing from abroad, this raises the GDP temporarily, but the need to repay this debt becomes a growing burden on the national economy. This downside of borrowing from abroad is not reflected in the GDP. 4. The GNP was turned into the GDP ââ¬â a change that was deceptive and exploited by the Capitalist nations. Under the old measure, the Gross National Product, the earnings of a capitalist multinational firm were attributed to the country where the firm was owned and where the profits would eventually return. Under the Gross Domestic Product, however, the profits are attributed to the country where the factory is located, even though the profits won't stay there. This accounting shift has deceptively turned many struggling nations into statistical boomtowns. Statistics which are used in aiding the push for globalisation and free trade. Conveniently, it hides a basic fact: that the western Capitalist nations are walking off with the resources of poorer nations and calling it a gain for the poor. 5. Above all GDP ignores the distribution of income. In effect the GDP hides the fact that a rising tide does not lift all boats. From 1973 to 1993 in the USA, while GDP rose by over 50 percent, wages suffered a decline of almost 14 percent. Meanwhile, during the 1980s alone, the top 5 percent of households increased their real income by almost 20 percent. Yet the GDP presents this enormous gain at the top as a bounty to all. Furthermore the average number of poor people averaged more than 30 million people over the last 40 years in the US, with an average of 15% of the population being poor. In the meantime, the gross national product continued to increase drastically, over the same period. The GDP grew from $400 billions to $10 trillions from 1959 to 2000. This very large increase in the national product did not contribute to the resolution of poverty. More than 30 million people continue to be poor. Hence Capitalism superbly increases the production of products and services, and hence wealth. However this completely fails to resolve the poverty of the individuals. The number of poor people continues to grow. In reality therefore GDP as a measure of a nationââ¬â¢s economic well being is really a deception. It begins to explain why people feel increasingly gloomy despite official claims of economic progress and growth. In Islam, the economic problem is focused on distributing the means of satisfaction for individuals i. e. the distribution of the funds and benefits to the members of the nation or people, not on the needs which the nation or the people require without having any regard to every individual within the nation. In other words, the problem is the poverty which occurs to the individual not the poverty which occurs to the nation. The concern of the Islamic economic system is focused predominantly on satisfying the basic needs of every individual, not the study of producing economic commodity. Islam makes the subject of study, the basic human needs of man, as a human being, and the study of distributing the wealth to the members of society to guarantee the satisfaction of all their basic needs. Unlike capitalism it is aware that the treatment of the poverty of a country, through raising the level of production, does not solve the problem of poverty for individuals. Rather, Islam advocates the treatment of the poverty problems of all the individuals, and the distribution of the wealth of the country among them by addressing their basic needs first, thus motivating all the people of the country to work in increasing the national income.
Thursday, January 2, 2020
Essay Tchaikovsky - 1429 Words
Tchaikovsky ATchaikovsky=s music is not only one of the cornerstones of Russian musical society and world music . . . It is at the same time a creative and technical encyclopedia to which every Russian composer has reference in the course of his own work,@ commented Dimitri Shostakovich.1 This was a typical view held by Tchaikovsky=s contemporaries. He was well known and well respected, especially in his later years. In addition, Tchaikovsky was recognized as the most expressive Romantic composer in Russia.2 He was often idolized and put on a pedestal, particularly during his tour of the United States in 1891 when he conducted concerts of his own works in some of the leading concert halls. Tchaikovsky brought national attention toâ⬠¦show more contentâ⬠¦Petersburg. When he was fourteen years old, a major cholera epidemic was raging through Russia, a quite common occurrence during his lifetime. His mother contracted the disease and subsequently died. Tchaikovsky was completely shattered by her death. AIt is likely that the emotional imbalance that characterized Tchaikovsky=s throughout his life dates from this tragedy.@4 He remained a clerk for three years. He hated his job but he worked feverishly at it for he worked hard at every task he was given. He continued to be drawn into the music world and he took piano and theory lessons. Finally, in 1862, he quit his job and devoted the rest of his life to music which he began by entering the St. Petersburg Conservatory. He graduated with a silver medal in 1865. After graduation he was unsure of what to do until 1866 when Nicholas Rubenstein offered him the job of professor of harmony at the newly formed Moscow Conservatory. It was here that he wrote his first serious works which included AA Festival Overture on the Danish National Hymn,@ his First Symphony in G AWinter Daydreams,@ and his first opera AThe Voyevode.@ Showing his desire for perfection he tore up the opera because he was dissatisfied with it and it wasn=t until 1949 that it was revived.5 Tchaikovsky=s first masterpiece was composed from 1869-1870. It was a symphonic fantasy based on Shakespeare=s Romeo and Juliet. ARomeo and Juliet@ was the first of Tchaikovsky=s works in which his superblyShow MoreRelatedBeethoven and Tchaikovsky2680 Words à |à 11 PagesBeethoven and Tchaikovsky While Ludwig van Beethoven and Peter Ilyich Tchaikovsky have much in common, they also have many differences. Both men are famous for their orchestral compositions and their future influence on other composers. They experienced a blend of horrible failures and great successes. Although they were from different musical time periods, they both made huge contributions to the world of music. Ludwig van Beethoven was born in Bonn, Germany 1770; the second half of the classicalRead MorePyotr Ilyich Tchaikovsky568 Words à |à 3 Pagesââ¬Å"Truly there would be reason to go mad were it not for music.â⬠(ââ¬â¢ Pyotr Ilyich Tchaikovsky) Pyotr Ilyich Tchaikovsky used music as an escape, crafting wondrous melodies to entice the heart and mind out of its worldly miseries and into the land where musical delight reigned supreme. His life lay troubled, and music became his refuge. As a result, he spent copious time dedicated to developing his musical talent and composed the worlds of fantastic delights in which, as he states, he truly lived. HisRead MorePeter Tchaikovsky Essay722 Words à |à 3 PagesPeter Illyich Tchaikovsky is one of the most famous Russian composers. Born in May 7, 1840 in Votkinsk, Tchaikovsky was the second son of a mining engineer. His musical interests were supported by his parents and he was given piano lessons at the age of five. Three years later, the family moved from Votkinsk to Moscow to St. Petersburg due to the fathers unsteady jobs. The move proved to be a significant milestone in Tchaikovskys life; it had set the course for Tchaikovskys progress into theRead MorePeter Ilyich Tchaikovsky Essay1238 Words à |à 5 PagesPeter Ilyich Tchaikovsky Peter Ilyich Tchaikovsky is the author of six symphonies and the finest and most popular operas in the Russian repertory. Tchaikovsky was also one of the founders of the school of Russian music. He was a brilliant composer with a creative imagination that helped his career throughout many years. He was completely attached to his art. His life and art were inseparably woven together. I literally cannot live without working, Tchaikovsky once wrote, for as soonRead MoreComparison Of Ilyich Tchaikovsky s Pyotr Tchaikovsky And Symphonies With A Few Concertos 1789 Words à |à 8 Pages Pyotr (Peter) Ilyich Tchaikovsky was a Russian composer from the Romantic period whose works included ballets, operas, and symphonies with a few concertos (Poznansky). Like many stars of today, not only was his work scrutinized under the public eye but so also was his private life. As he struggled to bring fame to his name through his music, he later would struggle to hide his sexual affairs, which may have played a part in his death. Pyotr Ilyich Tchaikovsky was born May 7, 1840, in Kamsko-votkinskRead MoreTchaikovsky: A Musical Giant Among Men Pyotr Ilyich Tchaikovsky is widely considered the most1400 Words à |à 6 PagesTchaikovsky: A Musical Giant Among Men Pyotr Ilyich Tchaikovsky is widely considered the most popular Russian composer in history, who has added major contributions to the world of music in his time as well as in ours. His most influential as well as prominent works include The Sleeping Beauty and The Nutcracker. His music has always had great appeal for the general public because of its beautiful, flowing melodies, harmonies, and intriguing, picturesque orchestration, all of which bring about aRead MoreEssay about Concert Review and Bio: Tchaikovsky888 Words à |à 4 Pageslearned to like and respect classical music over the last few months. The last classical concert I attended was a Christmas themed concert last week. Along with Christmas favorites and carols, they played a song called Trepak, by Tchaikovsky. I had heard of Tchaikovsky before, but had never seen any of his music performed live. nbsp;nbsp;nbsp;nbsp;nbsp;My first impression of the concert was that the players were all dressed in black slacks or skirts and white tops. Some of them were wearingRead MoreSymphony No. 4 in F Minor by Pyotr Ilyich Tchaikovsky Essay2603 Words à |à 11 PagesSymphony No. 4 in F Minor by Pyotr Ilyich Tchaikovsky CHAPTER 1 BIOGRAPHICAL INFORMATION 1 CHAPTER 2 SYMPHONY IN F MINOR: PERSONAL LISTENING 4 CHAPTER 3 SYMPHONY IN F MINOR: GENERAL INFO AND DISCUSSION 6 FIRST MOVEMENT 6 SECOND MOVEMENT 7 THIRD MOVEMENT 8 FOURTH MOVEMENT 8 OVERALL EFFECT 9 WORKS CITED 11 CHAPTER BIOGRAPHICAL INFORMATION Pyotr Ilyich Tchaikovsky was born in Votkinsk, the Viatka District in Russia on May 7, 1840 to a Russian miner and a motherRead MoreAnalysis of The Sleeping Beauty by Tchaikovsky557 Words à |à 3 Pagesof my best creations. The subject is so poetic, so grateful for music, that 1 have worked on it with enthusiasm and written it with the warmth and enthusiasm upon which the worth of a composition always depends. - Tchaikovsky, to Nadia von Meck. The Sleeping Beauty by Tchaikovsky is another ballet that is based on a fairy tale, and was first presented to the Tsar of Russia. It tells the story of Princess Aurora, King Florestans daughter. The fairies have been invited to Auroras christeningRead MoreReflection Of Tchaikovsky : The Different Emotions Of Music791 Words à |à 4 Pagesmusic is beautiful, it has different emotions. Joy, sorrow, love, and pain for example. Music gives me joy. I can sit for hours listening to different pieces. I love the classical era. Tchaikovsky is an amazing composer, im in love with his 1812 Overture and how he wrote for canons to be fired a total of 16 times. That is so cool! Ive played the viola for 4 years now, and while it wasnt my choice to start, I love playing it immensly. There are times when I cant play a piece the way I would like
Wednesday, December 25, 2019
Lord Byron, an eighteenth and nineteenth century poet was...
Lord Byron, an eighteenth and nineteenth century poet was born in in Dublin, Ireland on May 28, 1779. Just one of Byronââ¬â¢s many famous works is ââ¬Å"To Timeâ⬠published in 1806. The style and content of Byronââ¬â¢s poems reflect experiences from his life. One of three influences in Byrons life is his strange personality which is reflected through contradictions and strange variations in his writings. An unfortunate marriage helped develop a sense of bitterness in Byronââ¬â¢s word choice and arrangement. A third influence in Byronââ¬â¢s life and poems is his unstable childhood which sent him down a road of misery and isolation. Byronââ¬â¢s poem ââ¬Å"To Timeâ⬠reflects his strange personality, unfortunate marriage, and unstable childhood. Throughout hisâ⬠¦show more contentâ⬠¦To give time a sense of realness Byron uses personification throughout the entire poem. As Byron states in ââ¬Å"To Timeâ⬠, ââ¬Å"In the joy Iââ¬â¢ve sighed to think thy flight would soon subside from swift to slowâ⬠(l 29-30). In other words as life goes on death becomes more real and people want time to stop. In the end though people all die and we eventually all ââ¬Å"must fall upon-a nameless stoneâ⬠(l 40). With every poem Byron wrote came a new topic of discussion and lesson to be learned. Variety was one of Byronââ¬â¢s greatest weaknesses though, not only in poetry, but also in his personal life. Contrary to his obsession, Byron soon became infatuated with a woman named Annabella Milbanke, whom he no sooner became engaged to. This marriage was rough from the start with Byron having an affair even before their wedding. Byronââ¬â¢s marriage was not accepted at first and some even saw it as degrading. This came as an embarrassment to Byron who was quickly becoming a well known figure in society. His marriage continued ,though barely hanging on, as Byron continued to have several affairs and illegitimate children. Byron began abusing his wife, and soon ran into financial hardship which caused him to plummet into depression and periods of high anxiety. Milbanke left Byron in 1816, this caused a major scandal in England which tore him from his home and forced Byron to move to Europe. Overall, Byronââ¬â¢s rough marriage caused him to be
Monday, December 16, 2019
The Mantle Cell Lymphoma ( Mcl ) - 1697 Words
Mantle Cell Lymphoma (MCL) Non-Hodgkinââ¬â¢s lymphoma are cancers that do not originate in white blood cells but rather elsewhere in the lymphatic system such as a lymph node, bone marrow, spleen, or thymus and are categorized into which cells it effects such as B-cell, T-cell and NK-cells (MD Cancer Center, 2015). B-cell lymphoma represents the majority of non-Hodgkin Lymphoma (85%) and of these Mantle Cell Lymphoma (MCL) represents about 5% of the type of B-cell lymphoma (American Cancer Society, 2015). According to the American Cancer Society, MCL is rare, common in men in their later years (60s) and is a slow growing cancer (2015). The gentleman presented in this case study has been diagnosed with MCL; his medical findings, plan of care and treatment will be discussed and correlated with todayââ¬â¢s guidelines and practices for the MCL population in making his cancer history. Case Study Subject GB is a very pleasant individual who was admitted for chemotherapy. GB is a 41 y/o Hispanic male with an oncology diagnosis of MCL. The expected duration of this admission is 14 days for his high-dose chemotherapy for MCL, cycle #3A of R-CODOX ââ¬âM regimen, of Chemotherapy. GB has been placed on a regular diet; current weight: 66kg; height: 169 cm; BMI: 23 (normal weight range); Braden score: 22 (not a fall risk, continue to reassess/monitor); placed on chemotherapy precautions and has a central line-triple lumen. GBââ¬â¢s wife has been staying with him at night and keeps him company when sheShow MoreRelatedLymphoma, Lymphoma And Non Hodgkin Lymphoma1151 Words à |à 5 PagesLymphoma is a general term for many similar subtypes of cancers that come from a white blood cell called a ââ¬Å"lymphocyte.â⬠Lymphoma has two major categories: Hodgkin lymphoma and non-Hodgkin lymphoma. Mantle cell lymphoma is merely 1 of 70 different types of NHL. US National Library of Medicin e National Institutes of Health 2008. Lymphatic cancer, also known as Lymphoma, is a cancer of the bodyââ¬â¢s lymph nodes. Records show MCL occurs in about 20,000 to 200,000 cases annually in the United States; 20Read MoreA Short Note On Non Hodgkin s Lymphoma1916 Words à |à 8 PagesNon-Hodgkinââ¬â¢s lymphoma is one of the most common types of cancers in the United States that affect mostly older adults. The American Cancer Society estimates that 72,580 people in the Unites States will be diagnosed with the disease just in the year 2016 alone. Of that number, there are about 20,150 people expected to die from the disease. There is also a 2% chance of people in the United States developing the disease (American cancer society, n.d.). There have been many researches done about theRead MoreCase Study Of DLBCA1185 Words à |à 5 PagesDiscussion Non-Hodgkin lymphoma (NHL) is the fifth most common cancer type, worldwide. DLBCL is the most common form of NHL [104, 105]. DLBCL is a heterogeneous group of disease, in regards to pathology and clinical genetics characteristics. The heterogeneity arise, due to dysregulation in different stage of B-cell development, regulated by different transcription factors such as B-cell lymphoma 6 (BCL-6)[106-108]. Due to this clinical and biological diversity, DLBCL is categorized into two commonRead MoreSynthesis And Biological Use As Potential Anticancer Agents1841 Words à |à 8 Pagescancers in China since 1984. It was recently found to be capable of inducing apoptosis in human colon carcinoma, hepatoma and glioblastoma cells by way of an elusive mechanism.1 Norcantatharidins and their analogues are synthetic anticancer agents which have been used in various different procedures for the inducing growth arrest and apoptosis of tumour cells and also provide therapeutic and adjuvant therap eutic applications in the treatment of cancer agents.2 This report will discuss the various
Sunday, December 8, 2019
Managing Customer Services Human Resource Practices
Question: Discuss about the Managing Customer Services for Human Resource Practices. Answer: Introduction: With the time, world is also changing and many new challenges are arriving in front of people rapidly. Currently, all the organizations require leaders that have the skills and capabilities to inspire and guide the organization new achievements and heights. McDonalds is also focusing on hire such leaders so that company achieves new heights. McDonald requires leaders for each and every level to control and manage the staff and customers. The main vision of McDonalds is to provide the values to each and every customer who came at their store (McDonalds, 2016). They denote many leadership tools and effective style of leadership for taking advantage in market and industry. This company offers a very attractive career growth to its employees and provides them many other opportunities to retain the employees and remain them satisfied for performing well. It is expected to all the leaders of the company to attract, retain and manage them in best manner by providing them many development and training programs, learning, activities, career map, succession planning etc. All of these techniques and tools help the company in best way to manage its talent and human resource in best manner, a company can. While doing this study, the main focus was on the theories and many approaches of leadership which could help the McDonalds to achieve the objectives and goals of the company. Company is taking a use of recognition scheme for attracting the future leaders for the organization (McDonalds, 2016). The main goal of the company is to implement and develop many leadership qualities in every talent working with them. McDonalds believes that competitive advantage is crucial for every organization and it is the main competitive advantage of the company against its competitors like dominos, Pizza hut, KFC and many more. All the policies and strategies have been planned in such a manner in the organization that it could grab the more market share and gain the leader stage in food industry (Batt, 2002). Recognition Scheme: Recognition scheme is essential element in every organization. It helps an organization in retaining its best employees and leaders of the company. Recognition scheme is the main reason because of it company face a great % of employee turnover. A recognition scheme related to employees is quite valuable and cost effective. McDonald believes that its strategy is not that much effective in case of recognition scheme that is why the organization got fails to manage the employees and human resource perfectly. If a company does not follow the recognition scheme, there are more chances to lose the market share and talent of the company. This scheme has many benefits like work quality get improve, neglect the minor issues, attachment of employees with the company, reduction of employee turnover arte and recruitment cost, creation of productive team, enhance the customer services, hire and train the future leaders etc. Supports to McDonalds culture and attract future leaders: Future leader and culture of McDonald could be attracted and enhanced by providing many ways of opportunities and growth and train the team members so that they can be motivated to take an initiative in the organization. McDonald is introducing new strategies of diversification and respecting all the cultures. The strategies of McDonald were quite good from starting. It has been observed that the employee of the McDonald is most satisfied employees because of the salary packaging and promotional strategies (Datta, Guthrie Wright, 2005). It is believed that leaders could be created through participation, learning, respecting in the knowledge and insight sharing process. All of these activities helps an organization in enhancing the skills of future leader and provide them a stage to show these skills. McDonalds is quite dedicated for identify the employees who have the abilities of being leader and train them accordingly. Those employees are provided the best of training to be a great leader in near future. Company always tries to build and maintain the trust of employees and good relations. McDonald offers leadership thoughts, quality coaching, important workshop, seminars, and example of famous leaders and many lectures from the motivators. Employees are provided the internal trainings along with intercultural learning practices to rely the leadership values. This company is providing many online mentoring programs, business network diversity, motivators to its employees and leaders. A fact has been identified during this study that McDonald has 25% women and minority leaders as employees in their company. This depicts that McDonald provides a value to leadership. McDonald is very successful in planning and implementing the schemes and strategy to make the leaders and employees feel motivated and engaged. This restaurant has boosted its performance and productivity many times for developing the leadership qualities. Company is also providing many reward programs to motivate the employees the most. McDonald is quite smart to understand the value of employee recognition scheme. For retaining the employee for longer time, this company offers a great salary packaging and promotions. It has been identified that most of the teenagers work into the copany and they remain in the company for the longer period. This scheme helps the organization in gaining the trust and contribution of the employees. McDonalds recognition scheme takes place timely with awards at many levels to motivate and recognize the employees and leader for their outstanding contribution at many times in a year. This scheme is quite good for organization but sometimes it puts more pressure on the company as company need to analyze and evaluate its employees each and every month due to which cost and time consumption becomes more (Dent, Higgins Wharff, 2005). McDonald is performing very well in the market. The competitive advantage and core advantage are enough competent. It has been observed through the financial d ata and research on McDonald about the expansion across the borders and the emerging sales from worldwide customers and clients. The leaders of the McDonald are skilled and competent enough to handle all the operations according to the need of customers. The incorporation of recognition scheme has taken place in 2013. Many changes have been done in this scheme. McDonalds recognition scheme and motivation scheme: Restaurant of the year Restaurant of the quarter Many service awards Best employee award monthly, quarterly and yearly Bonus schemes Award to business managers Presidents award to support the staff Ray Kroc award Through these schemes, McDonald has provided many career opportunities to all of its leaders and employees so that company could retain them for a long time. Sometimes, due to this scheme company have to face many issues like more time consumption, an extra team for monitoring all the employees, issue cell etc. But at the end, company get more benefits through these schemes (Dinh et al, 2014). According to this theory, the need of an employee or even can say need of a human being can be classified into 5 sages. This theory explains that an employee could only be motivated if all of his lower level needs have been achieved (Colbert, 2004). The 5 steps of this theory are as follows: Psychological needs of McDonald employees are fulfilled by the company through daily lunch, transport facilities, overtime, salary, meals etc. It is the second stage, in which McDonald is fulfilling its employees needs through providing them security, safety, medical insurance, sick leave, protection etc. This is the third stage of this theory. At McDonald, all the staff and managers shares a great bond with each other. They maintain a familiar relation and it leads them to a great team and more productivity. Self esteem is one of the important stage to make the employee feel motivated. At this stage, the leaders make their employees feel satisfied by believing in their skills and abilities. It is also said that the brand image and reputation of McDonald is because of its employees so all the employees are appreciated by managers and leaders for their contribution (Wilkie Moore, 2003). This is the last stage. This stage is achieved by the employees when all the needs and wants of the employees have already been satisfied. Through this theory, an organization can easily satisfy its employees but it is also true that the needs and wants of a human being can never be satisfied. So it is complex for the organization to fulfill all the needs of the employee and make them feel satisfy (Day, Fleenor, Atwater, Sturm McKee, 2014). This is one of the effective theories which could help the McDonald in its recognition scheme. It suggests that McDonald should fulfill all the wants and needs of employees through a structure of incentive. The company should mange a structure and system of dynamic behavior, open management system, innovation, effective communication, hierarchy, Cooperation and motivation at all the levels of management. This theory describes that for motivating the employees; an organization must create and develop a structure of incentives (Gardner, Cogliser, Davis Dickens, 2011). McDonald is suggested to adapt this theory to match and motivate the organizational structure and employees. It has been observed through many researches that the motivational factors must be changed time to time as they can never be similar. Motivational factors could be affected through both internal and external factors. McDonald has many competitors in the market in current scenario, so it is required for the company to be more competitive. Company should manage its limited resources to produce more products and enhance the productivity of its employees (Hernez-Broome Hughes, 2004). This theory would imply a bad impact too on McDonald as employee would feel negligent in case they dont get any reward and cost consumption get also increase. But still, if we company focus on each and every element of this theory it could help the company to motivate and retain its employees for a longer period. Adairs Model: This model could also be used by McDonald for enhancing its recognition scheme. This theory is an action centered model of leadership. This theory helps an organization in constructing a model through which a leader could be inspired by their own commitment, enthusiasm, communication etc (Bass Bass, 2009). In this model, leader has asked to build a team and meet the individual needs of all the team members. This describes that a balance should be maintained in all of the three factors of models. According to this theory, a person is not leader from his childhood but he is developed through a proper training and development of skills. Such kind of leaders is able to adapt many leadership styles according to the situation and circumstances. McDonald also believes that leaders should have amazing character and personality. Due to this belief, McDonald has lost many of its superior employees. Still this theory would help the McDonald in enhancing the recognition scheme. Thus it could be said that all of the above described theories would help the McDonald in enhancing and managing the recognition scheme. It would help the McDonald in retaining its talent pool through satisfy all of their needs. No, McDonalds approach of human resource management could not be directly applicable to a non for profit organization like spastic center. The reason behind it is that McDonald is an organization with the main goal of profit making as it operates its business for revenue making and sales increment while spastic center is a NPO which works for social welfare instead of enhancing the profit or sales. This nonprofit organization has come in existence for providing shelter to spastic children. This NGO is advocacy body, care provider and disability institutions (Heneman, Tansky Camp, 2000). McDonald restaurant is a food chain organization which provides services and products to customer and takes care of them but in exchange of money. The leadership styles, policies and strategies followed by both the companies are quite different. McDonald follows the autocratic leadership (McDougall Oviatt, 2000). A huge difference has been identified in management of McDonald and Spastic center. Such as at McDonalds, the leaders focus on the quality of its product and services, issues of employees and customers, reduction in the turnover of sales or work, enhancement in employee turnover, development in productive team, improve the customer services etc whereas the Spastics leaders and mangers address the different issues and follow different policies and strategies to develop the big ideas and help the society. The human resource management in NGO is a voluntary action that could be performed by all of the members of the organization. The human resource approaches performs a crucial role in managing the nonprofit organization. Spastic center makes decision by considering the policies and strategies for social welfare (Collins Clark, 2003). Most of the activities preformed at nonprofit organizations are combination of personnel recruitment, hiring and screening of talent, personal needs, orientation of new employees and decision making related to compensations (Cardon Stevens, 2004). The task of human resource at a nonprofit organization is not so easy. HR have to face many issues like payroll and tax compliances, recruitment, monitoring the efficiency, compensations etc. companies whose aim is profit making also have to go through above mentioned issues but the policies adopted by them are different. Such as taxation policies differs from each other. Still both the company have to manage their employees, accomplish the goals and fulfill all the needs of employees (Bennis, 2007). Conclusion: After doing a research and a depth study on McDonald restaurant, it is concluded that it is most prominent organization in this industry. The core and competitive advantage of the company is not compatible. The quality of products and services of the company is amazing. With the changes in global market, company has also changed many of its policies. This is the main reason behind the success of the company. McDonald is performing very well in the market and it has earned a great amount of revenue in last financial year. The leaders and managers of the company are skilled enough to handle all the issues in the company. The success of McDonald lies on its leaders and managers. Because all of the leaders done a great job to accomplish the goal of McDonalds. Despite of all the controversies, this company came across all the issues and makes their customer feels satisfy. Company has managed all the issues which came in the path of growth and development. Thus, this organization is able to manage all kind of issues. References: Bass, B. M., Bass, R. (2009). The Bass handbook of leadership: Theory, research, and managerial applications. Simon and Schuster. Batt, R. (2002). Managing customer services: Human resource practices, quit rates, and sales growth. Academy of management Journal, 45(3), 587-597. Bennis, W. (2007). The challenges of leadership in the modern world: introduction to the special issue. American Psychologist, 62(1), 2. Cardon, M. S., Stevens, C. E. (2004). Managing human resources in small organizations: What do we know?. Human resource management review, 14(3), 295-323. Colbert, B. A. (2004). The complex resource-based view: Implications for theory and practice in strategic human resource management. Academy of Management Review, 29(3), 341-358. Collins, C. J., Clark, K. D. (2003). 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Human resource management practices in small and medium-sized enterprises: Unanswered questions and future research perspectives. Entrepreneurship: Theory and Practice, 25(1), 11-11. Hernez-Broome, G., Hughes, R. L. (2004). Leadership development: Past, present, and future. People and Strategy, 27(1), 24. McDougall, P. P., Oviatt, B. M. (2000). International entrepreneurship: the intersection of two research paths. Academy of management Journal, 43(5), 902-906. Wilkie, W. L., Moore, E. S. (2003). Scholarly research in marketing: Exploring the 4 eras of thought development. Journal of Public Policy Marketing, 22(2), 116-146.
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