Strategic analysis of Whole Food market Coursework

Strategic analysis of Whole Food market - Coursework Example The stores are located in 38,000 square foot in size which conform to the locality and community that they serve and which have observed 5% year on year growth. The company’s stock was boosted by nearly 38% which has seen 17% growth in EBITDA to $835 million and 20 year compounded annual growth rate of nearly 26% (ar, 2011). 1.1 Vision and mission Company’s vision is to become a global brand for best quality natural and organic food and best food retailer of organic food in every community that it serves. The mission statements of the company are designed to meet the food requirements of the people by providing them with healthy and nutritious food so that they can lead a healthier life and live longer. The core values of the company focus on sustainable business practice and ensure complete customer satisfaction through quality food that is organically produced. They also empower people with knowledge and information that promote their general well-being. The core valu es are aligned to their strategic vision and mission that fundamentally cater to the interests of all its stakeholders including workforce, customers and supply chain. 1.2 Current strategy The current strategy is designed to encourage people to adopt healthy lifestyle through food that is organically produced. It ensures customer satisfaction by facilitating high quality of naturally and organically produced wide variety of food products. The Whole Food stores are strategically designed to meet the needs of its customers. They have cafeteria facility which ensured that customers could also taste and test the quality food that they would be buying. The brochures and information about food products and sustainable business practice empower customers with information which they use in their buying experience. 1.2.1 Goals and objectives The organizational culture greatly helps to achieve its broader goals and objectives of meeting the changing demands of its various stakeholders includi ng customer satisfaction. The company promotes more than 2600 SKU with its 365 Everyday Value, primary in-house brand (ar, 2011). The company’s goals are focused opening around 24 to 27 new stores and improving its sales growth to around 15%. Its major objective is to promote sustainable business practices. To achieve it, WEM emphasizes diversity in workplace and creates barrier free and encouraging environment to meet the needs of diverse community. The team leaders within the stores are empowered to make independent decisions that ensures improved performance outcome. The broader goals and objectives of WFM are achieved through measures like employees’ welfare schemes, environmental concerns, health and well-being and charitable works in the area of education, training and development of entrepreneurial skills etc. Its suppliers of food products from low waged countries were supported financially to ensure quality produce which also helped them to raise their living standard. It has introduced innovative processes to promote sustainable business practices within its in-house staff and business partners (ar, 2011). It has encouraged greater interaction with various focus groups and fostered alliances for proactive participation of the public and workforce in its drive for environmental conservations and community welfare. 1.2.2 Major strength The double digit growth rate, exemplary customer service and broad range of quality product lines are its major strengths. With approximately $11.7 billion revenue in 2011, the strong cash flow and stock position greatly favor the company in achieving its goals and objectives (yahoo, 2013). The growth plans of companies are primarily through opening

Finance Week 6 Essay Example | Topics and Well Written Essays - 250 words

Finance Week 6 - Essay Example Debt financing should be monitored closely to ensure that the company’s debt obligations do not adversely affect the cash flow position of the organization. The use of financial metrics such as the current ratio can help managers monitor their debt position. The current ratio can be used to determine whether a company is in a good position to pay off its short term debt (Besley & Brigham, 2000). The sole use of equity financing affects the weighted average cost of capital composition. A lack of debt implies that 100% of the firm’s financing was achieved through the sale of common and preferred stocks. The free cash flow return on assets of a company is better whenever a company does not have to make monthly payments of principal and interest on debt. 3. The majority of business owners the Instructor has met do not use any long-term financial planning process for their company. What would you say are the pros and cons of developing and using long-term financial plans for a company? Developing and using a long-term financial plan is critical towards the success of a company. It is not wise to use equity financing as the sole instrument to raise money because issuing too many common stocks dilute its value and it lowers the power of the owners. One of the advantages of the use of debt financing is that it does not give the lender any power over the operations of the company. A con of debt financing is that it imposes a fixed obligation that adversely affects the cash flow of the

Boeing Capital Company Analysis

Boeing Capital Company Analysis Introduction The importance that is associated with air travel cannot be undermined in any manner since provides a fast means of traveling and ensuring that business is conducted in an efficient manner by availing people where they are needed to be within a very short time. Additionally, it creates diversity by taking people to different places where they can interact with individuals from various cultures which eventually helps to enhance the spread of diverse cultural practices to the entire world. Through air travel, many economies of the world have been transformed in a manner that cannot even be comprehended, and this has helped a lot in building some of the largest economies in the world. People are provided with a chance to experience new things in life. For instance, this has helped to diversify the manner in which education is being carried out since students can now travel all over the world in search of knowledge. The Aerospace space industry continues to grow each and every other day, and this is made possible by more than 8 million individuals undertake air travel daily. On top of that, defense and security have been further enhanced by air travel since it is possible to avail safety where it is required in a matter of minutes. Description of the Company or Agency (Basically what business are you in) Boeing is one of the largest aerospace companies in the world. It does not only specialize in the manufacture of commercial jetliners, but it is also involved in the production of various other products such as space security systems and defense systems such as the fighter jets. Boeing is the largest exporter company that is located in the United States. Apart from supporting most of the airlines in the country by providing commercial airplanes, it also provides its products to other customers who are mostly government organizations in over on hundred and fifty countries. Some of the products that are designed by Boeing are customized while others are only mass produced and sold to customers why dont need to specifications to be associated with the products that they intend to buy. Most of the tailored products include satellites machines, weapons, defense systems that are electronic in nature, military aircraft, commercial aircraft, launch systems, advanced communication systems, pe rformance-based handling and training systems and even simulator machines. The company has been involved in the production of aerospace equipment for many years, and it is considered to be a leading company in this field due to the experience and the reputation that is associated with the organization. With time, it continually strives to tap into sections of the market that other aerospace companies have failed to explore. It is through the provision of a variety of services and products that can help to meet the needs of the clients in the most accurate manner. Some of the capabilities associated with Boeing Company include the ability to develop more advanced and better types of commercial airplanes because it is continually undertaking research into the market so as to understand the level of customers satisfaction based on the products that it has already availed to the market. Additionally, it can integrate the available defense systems and the military platforms, develop technology solutions that are more advanced than the ones that were already avai led in the market thanks to the team of researchers in the company that is continually looking for ways of improving the available systems. Finally, it is capable of coming up with financing options for the potential customers so as to enable more clients to gain access to its products since they normally are very expensive. Operation Description The company has an extensive knowledge about its clients, and this is enabled by an in-depth research of the market. Therefore, the company is able to understand the type of equipments that are needed by its customers. Boeings Capital Corporation (BCC) also has a collection of financial professionals why have been practicing the skill for an extended period hence they understand precisely how the market operates. BCC is one of the best financial corporations that provides support to clients who have subscribed to its services. The business is closely associated with the production of commercial planes, and Security Space Defense. The Corporation helps its customers to raise the required finance that will enable them to purchase and transfer Boeings products to their promises successfully. By the end of 2015, the company had earned a value of about four billion dollars. BCC has managed to achieve its success basically by incorporating its power of finance and its extensive network, therefore, enabling it to reach customers who are not only located in the United States but all over the World. Equipment or Aircraft For very many years, Boeing has been one of the major companies involved in the manufacture of commercial airplanes that are used in most countries. Its line of products is usually preferred by many clients simply because they are of high quality. Currently, the company can manufacture many commercial airplane versions which include Boeing 747, 743, 777,767 and finally the 787. These are in the range of the biggest commercial airplanes produced by Boeing. Other products that are still in the production line include the Boeing 777X, 737 Max, and the 787-10 Dreamliner. With each version of him Boeing, various characteristics are continually changed, and one of the most important aspects is the size which is steadily increasing for each version. Since the company started production of the Boeing line of products, it has managed to avail into the market about ten thousand commercial jets in the whole world which make about half of the fleet of the total airplanes that have ever been prod uced by any company. Additionally, the company provides cargo-carrying airplanes, which make up ninety percent of the total cargo planes in the world. The company offers its client with Commercial Aviation Services. By doing this, the company can provide unmatched all year support services to its customers which enable most of the airline companies and also the leasing companies that have subscribed to the company services to achieve operational efficiency. The Commercial Aviation Services department helps to provide aftermarket parts, modification, informations logistics services, engineering, and customer care support services. Other services provided include overhauled services, repair, and maintenance labor (Wen, 2003). Maintenance Requirements The Shared Services Corporation provides Boeing business units associated with a common pool of services so as to help in supporting the worldwide operations of the company. The shared services are of a wide variety, and they range from the maintenance and protection of Boeings international sites, Sales management, and acquisition of any property that may have been leased. The corporation is also involved in the purchasing of products that are not necessarily used in the production process and other office equipment supplies. Various human resource services which also include the recruitment of new employees are some of the services that are offered by this corporation to Boeing. Finally, Shared Services Corporation Actively participates in the management of Boeings financial matters, any expenses that may be incurred by the company as a result of travels to and from various destinations, and in availing communication services that have been customized (Holsapple, 2000). The Site Se rvices Corporation also offers Boeing with the maintenance and repairs services, reals estate management, planning of the manner in which property will be acquired, and finally the process of implementing projects that involve the construction of structures (Saraph et al 1989). Managers Roles and Responsibilities All the activities that are typically undertaken in Boeings offices are finalized by the company employees, corporation officers, and managers with the help and guidance of the Board of Directors together with Chief Executive Officers. The organizations corporate governance policies and practices are typically reviewed continuously by the organization committee. The Board of directors and the corporations officers have a long-term interest in the company. Therefore, it is important to ensure that the corporation clients, public officials, employees, suppliers, surrounding communities, and shareholders gain positively out of the operations of the organization. On top of that, the Board has managed to develop its own Code of Ethics that helps in the conducting the daily activities of the corporation so that they are in line with the various legal stipulations (Zahra, 1989). Having these regulations helps the company to continually stay on the right track as they deal with the different ethical issues that arise within the business premises as a result of the operations being carried out by various employees. Through the use of the code of ethics, the company is also able to enhance the mechanisms that already exist within the organizations and can help in reporting cases of unethical behavior occurring as this plays a crucial role in ensuring that a culture of accountability and honesty is enforced within the company premises (Pronovost et al, 2009). Staff Qualifications, Certifications, and Responsibilities Within the Shared Services Corporation, Boeing constitutes has a percentage of shares since it has employed approximately forty thousand employees who are responsible for availing about forty types of unique services all day long throughout the year. The Sites services have a bee assigned a budget of about three billion dollars which is specifically meant for the operations services. By doing this, the company can leverage scale economies so as to enable the delivery of value-added services to clients and its business partners who are involved in the manufacture and provision of defense and security and additionally the commercial airplanes that need to be availed to the company (Waldron, 2006). The company has it corporate offices located in Chicago, and it has managed to employ over one hundred and fifty employees within the United States and sixty-five more countries. The companys continued existence is a reflection of its diversity and ease in adapting to the changing market conditions such that it can last for a very long time. Additionally, one important factor that supports the continuous positive progress of the company is the fact that it has a very innovative and hardworking workforce. Our business continues to outsource more of the talented youth in the world so that they can join its workforce and continue to make it rise higher. The company does not necessarily look for academic qualification so that it can employ an individual, but rather, it explores the various ways that it can use the talent of individuals to encourage innovation in the society. Regulations and Laws The various operations of the company are guided by different by-laws that regulate the manner in which meetings will be carried out by the board of directors and various stakeholders to ensure inclusive of all parties that are interested in the operations and management of the company (Berkes, 2000). According to the laws of the company, the Annual General Meeting is supposed to be held on a particular date and time that is precisely determined by the board of directors. During such meetings, the leaders will be elected, and any other significant business transactions that need to be addressed also have to be discussed during such meetings. The board of directors has the power to call a meeting with all the stakeholders at any time that it wishes to do so. Also, in case the Secretary makes a special request for a meeting, then the board of directors is supposed to summon all the stakeholders for the meeting. The secretary can only write a special request for a meeting when there is a need to undertake an election so as to dispose of about 25% of shares held by the company. For such a request, each of the stakeholders provides a signature stating the number of shares that they own. Any business that is transacted in the course of a particular meeting is only supposed to be limited to the purpose for which the meeting was called upon, and it should not deviate to any other general matters. Any meetings that are held together with the stakeholders shall be conducted within specified premises as directed by the board of directors or as it is indicated in notices. However, there is a default location in which the meetings should be held. Notice of any meeting that should be held will be availed to stakeholders through any suitable methods but most specifically mail or an electronic transmission option. All Stakeholders have the right to vote at any meeting called forth. They also have the right to express any form of dissatisfaction towards any actions that may have been taken by the board of directors without the need of having to wait until a meeting is held (Delmas Toffel, 2004). Safety Security The shared services organization provides Boeing with various specialized services. For instance, it is responsible for offering the company with international insurance services that cover the company in case of the occurrence of a risk factor. The Shared Services is responsible for ensuring that the Security maintenance at all Boeing premises is at the highest level possible. Any premise associated with Boeing should be fully protected and most importantly the information that helps to support the continuous operation of the business. Any other risk mitigation measures should be fully installed to prevent an occurrence of damage to the company property (Tipton, 2012). The Defense, Security and Space Corporation is very diverse since it avails most advanced solutions to the market which can be used in the designing, production process, customization and offering support to clients who purchase rotorcrafts, satellite systems, weapons and fixed wings military aircraft. The organization is involved in providing clients with solutions to some of the major customer requirements by availing a full range portfolio which incorporates the 702 model of satellites. Some other defense products include the AH-64 helicopter, EA-18G aircraft that is electronics and is mostly used to attack enemies, KC-46 refueling planes, P-8 anti-aircraft/ submarine atropine (derived from the 737 commercial airliners). This organization is motivated by its capability to offer clients custom-made solutions that can address customers needs adequately and promptly and at the most suitable cost. Apart from producing products that are designed to be used by clients, this unit is responsible for the general management of security within all branches associated with Boeing. This is an operation cost reduction method since the company managers decided that it would be wise to use the services its own business units in the provision of security rather than make use of a different business organization that would only end up increasing the operation costs (Kaplan Norton, 1996). Environmental Responsibilities Working with stakeholders is important since it helps to ensure that activities that enhance environmental conservation are promoted. Due to its growth, Boeing targets to be a leader in promoting a sustainable environment as it also strives to provide its employees with the best services that can be availed in the industry. The three top tenets that Boeing aims to address are; encouraging worldwide collaboration in environmental conservation, design the future in a sustainable manner and finally coming up with sustainable innovations (Selin, 1995). The company intends to avail the best and most fuel-efficient planes in the industry. Also, it plans to provide highest quality services to its customers. All this will be achieved through; ensuring that it complies with various environmental regulations as it conducts its daily operations. Boeing has also come up with its policies and procedures that can help to ensure that environmental conservation is enhanced. Preventing environmental pollution through conservation of energy resources as this will contribute to the reduction of the levels of waste that gets disposed of by researching on the various mitigation measures. The company has managed to develop a management system that will help in improving the state of the environment both for the current and future generation through the reduction of waste that is normally released into the environment (Born, 1995). Other Management Factors Considered The Company is organized into three major business units. They are; Defense, outer space security department, and the Commercial production and supply unit. The whole company is majorly supported by a corporation known as Boeing Capital which is the primary provider of financial solutions to all the company branches worldwide (Probst, 2004). This financial firm also helps to finance other businesses that may have subscribed to its services. Other Corporations involved in supporting the major units at the company include Shared Services Organization (it avails some services to all the company branches), Boeing Engineering, Operations and Technology (this organization helps to create, purchase, implement and provide protection to the various innovations that are developed at Boeings premises) (Council, 2007). The business and finance organization is responsible for offering shared services in accounting, cost management, and financial management. The agency is responsible for providin g account payroll/payable functions to all business units associated with Boeing (Jensen, 1997). References Berkes, F., Folke, C., Colding, J. (2000). Linking social and ecological systems: management practices and social mechanisms for building resilience. Cambridge University Press. Born, S. M., Sonzogni, W. C. (1995). Integrated environmental management: strengthening the conceptualization. Environmental management, 19(2), 167-181. Council, A. C. G. (2007). Corporate governance principles and recommendations. Boeing: Shared Services. Boeing.Com, 2017, http://www.boeing.com/company/key-orgs/ssg.page. Delmas, M., Toffel, M. W. (2004). Stakeholders and environmental management practices: an institutional framework. Business strategy and the Environment, 13(4), 209-222. Holsapple, C. W., Joshi, K. D. (2000). An investigation of factors that influence the management of knowledge in organizations. The Journal of Strategic Information Systems, 9(2), 235-261. Jensen, R. S. (1997). The boundaries of aviation psychology, human factors, aeronautical decision making, situation awareness, and crew resource management. The international journal of aviation psychology, 7(4), 259-267. Kaplan, R. S., Norton, D. P. (1996). Using the balanced scorecard as a strategic management system. Probst, T. M. (2004). Safety and insecurity: exploring the moderating effect of organizational safety climate. Journal of occupational health psychology, 9(1), 3. Pronovost, P. J., Goeschel, C. A., Olsen, K. L., Pham, J. C., Miller, M. R., Berenholtz, S. M., Loeb, J. M. (2009). Reducing health care hazards: lessons from the commercial aviation safety team. Health Affairs, 28(3), w479-w489. Saraph, J. V., Benson, P. G., Schroeder, R. G. (1989). An instrument for measuring the critical factors of quality management. Decision sciences, 20(4), 810-829. Selin, S., Chevez, D. (1995). Developing a collaborative model for environmental planning and management. Environmental management, 19(2), 189-195. Tipton, H. F., Nozaki, M. K. (2012). Information Security Management Handbook, Volume 6. Auerbach Publications. Waldron, J. (2006). Safety and security. Neb. L. Rev., 85, 454. Wen, T. A. N. G., Zhong, C. H. E. N. (2003). Research of subjective trust management model based on the fuzzy set theory. Journal of software, 14(8), 1401-1408. Zahra, S. A., Pearce, J. A. (1989). Boards of directors and corporate financial performance: A review and integrative model. Journal of management, 15(2), 291-334.

small stage acting :: essays research papers

Topic - Small Stage Acting General Purpose - To Inform Specific Purpose - To explain the dos and don’ts of small stage acting Central Idea - By informing the listeners about what to do and what not to do on a small stage they can learn from my mistakes and avoid them if they ever want to do some acting. I. Introduction: â€Å"There is no business like show business like no business I know. Everything about it is appealing. Everything the traffic will allow. No where can you get that special feeling, only when you are stealing that extra bow.† A. You have to endure a lot being an actor or an actress. B. Stage acting is especially hard. 1. You have to project your voice. 2. Stand where everyone in the audience can see you. 3. There are no takes so you cannot miss a line. II. If you screw up, just go on: A. Opening night I slammed the door open so hard the props fell off the wall. 1. I covered and acted like I was supposed to do it. 2. The other girl on stage bent down behind the couch and laughed. B. If someone misses a line, go on with your line or try to jog their memory. C. I dropped my liquor glass in rehearsal and got yelled at because I did not pick it up. II. Props: A. It is important to use props that will not hinder your performance. 1. You are responsible for your props. a. Never leave them in the way or another actor will trip over them. b. I did not hold the wine glass the proper way. 1.) The director said I held the glass like a beer mug 2.) I was supposed to hold it like a lady: like my character. B. Always check to make sure your props are ready before you go on stage. 1. It would be awful to not be able to find your prop when you need it. 2. It is also not fun eating week old chex-mix. 3. Someone did not check the gun on opening night, so I had to yell â€Å"bang!† III. Eating and Drinking on Stage: A. Drinking on Stage 1. Never pour more in a glass than you will be able to drink before your exit. 2. I had to stand at the door and gulp my wine down before leaving (but it was in keeping with my alcoholic character). 3. Never gesture with your glass. B. Eating on Stage 1. Try to avoid salty foods on stage. small stage acting :: essays research papers Topic - Small Stage Acting General Purpose - To Inform Specific Purpose - To explain the dos and don’ts of small stage acting Central Idea - By informing the listeners about what to do and what not to do on a small stage they can learn from my mistakes and avoid them if they ever want to do some acting. I. Introduction: â€Å"There is no business like show business like no business I know. Everything about it is appealing. Everything the traffic will allow. No where can you get that special feeling, only when you are stealing that extra bow.† A. You have to endure a lot being an actor or an actress. B. Stage acting is especially hard. 1. You have to project your voice. 2. Stand where everyone in the audience can see you. 3. There are no takes so you cannot miss a line. II. If you screw up, just go on: A. Opening night I slammed the door open so hard the props fell off the wall. 1. I covered and acted like I was supposed to do it. 2. The other girl on stage bent down behind the couch and laughed. B. If someone misses a line, go on with your line or try to jog their memory. C. I dropped my liquor glass in rehearsal and got yelled at because I did not pick it up. II. Props: A. It is important to use props that will not hinder your performance. 1. You are responsible for your props. a. Never leave them in the way or another actor will trip over them. b. I did not hold the wine glass the proper way. 1.) The director said I held the glass like a beer mug 2.) I was supposed to hold it like a lady: like my character. B. Always check to make sure your props are ready before you go on stage. 1. It would be awful to not be able to find your prop when you need it. 2. It is also not fun eating week old chex-mix. 3. Someone did not check the gun on opening night, so I had to yell â€Å"bang!† III. Eating and Drinking on Stage: A. Drinking on Stage 1. Never pour more in a glass than you will be able to drink before your exit. 2. I had to stand at the door and gulp my wine down before leaving (but it was in keeping with my alcoholic character). 3. Never gesture with your glass. B. Eating on Stage 1. Try to avoid salty foods on stage.

Chinese Ccot Essay

CAC Global trade patterns and domestic economic affairs was significant to the world. It affects how well the country is running and makes it under control. Global trade patterns and domestic economic affairs has changed and continued in China from 500 to 1750. As time progressed, trade patterns and the economy became sophisticated and prominent. Many people began to depend and on the economic issues. Currency has changed into silver which became a huge demand. Today, the global trade patterns and domestic economic affairs is the way due to history. Due to unfortunate circumstances involved changed in currency and a look of diffusion, Chinese economy shifted a bit. As China developed lost contact with foreign regions and faced different conflicts, they changed trade patterns and domestic affairs. From the time period of 500 to 1750, the change and continuity of the use of Silk Road/Indian Ocean basin, the use of currency, and exporting goods stimulated in the global trade patterns and domestic economic affairs. China has prospered from the Silk Road from a long period of time. Once the Silk Road was established, it led to establishments of other intricate network of trade routes. It was a trade route across land masses which connected East, South, and Western Asia. Trades on the Silk Road was a significant factor in the development of the great civilizations and it helped lay foundations for the modern world. Many goods such as jewelries, spices, medicines, textiles, and etc were traded. The Silk Road was a source of cultural and economic diffusion between Asian and European societies. The Silk Road was always active and it became very prominent in the later years. However, due to bubonic plague (Black Death) that traveled, many merchants died and got ill. Also, there were many bandits there who stole stuff so many people started to not use the road. Also, soon, the maritime trade got popular so many people got involved in the seafaring trade in the ocean. The Silk Road became less used and slowly lost fame. Due to the diffusion that went in and out, it’s disconnection had a significant fee on China. China lost contact with foreign people and lost relationship with the outside world of global ideas, cultures, and technology. China especially became limited in foreign affairs with the Europeans. Not many people traded and not many people came into the Silk Road so it led to the downfall of China’s economy. The continuity that occurred was that the Silk Road was still being used. Even though all these disasters were occurring, people were still using the Silk Road to trade and to traveling. China depended and used the barter system for a long period of time. The barter system was trading item for an item and relying on interpersonal relationships for business. However, under the Ming dynasty, the currency was changed into silver. Silver was being imported and exported from many regions into China, where thriving domestic economy demanded increasing quantities of silver. The demand of silver was so high that Europeans exchanged silver for Chinese gold which they got more profit from in Japan. The Ming dynasty in China only accepted silver and nothing else. All taxes were to be paid with silver and traded with silver which led to the frantic demand of silver. The monopolization of silver led many people to get silver because only silver was accepted. However, the silver became overpriced since it was used as currency which led the Ming dynasty to not release silver in public. his lack of circulation had a huge impact on the economy which led to the downfall of the Ming dynasty. The change in currency damaged the Chinese economy so the currency changed. However, they used the currency to make the economy running by changing currencies. From the time period from 500 to 1750, China always has been manufacturing and producing their own needs. They imported goods they didn’t have or things that couldn’t be grown in their region but it wasn’t common. Also, China always been exporting because of the amount of resources they had(huge). Their goods changed as time progressed and they imported/exported different goods. The Chinese people exported luxury times, slaves, jewelries, corn, and etc from different time periods. However, they were always exporting goods which circulated and stimulated the world economy today too. China supported silver during the Ming dynasty which became in very high demand. China exported large amount of goods of luxury items in order to pay for the silver. The continuity that occurred was always has using the Indian Ocean Basin for trade and exporting goods. It was their maritime trade route which has been continuous like the Silk Road. Chinese cargos constantly roamed around the Indian Ocean Basin. exporting and selling goods all over the world, stimulating the world economy. China’s global trade patterns and domestic economic affairs changed and continued from 500 to 1750. China always had resources and goods available. China didn’t have to import often because most of the products were often produced or grown in China. However, China exported tons of things under the Indian Ocean basin. Not only did they only use the Indian Ocean Basin but also the Silk Road. The Silk Road was an important factor in trading and in diffusion. However, due to diseases, maritime trade, and bandits, the Silk Road lost fame. The change of in currency into silver under the Ming dynasty also had a big impact on China’s economy. These factors had a significant impact in the circulation of global ideas, traditions, and technology. These factors also led to the change and continuity of global trade patterns and domestic economic affairs from 500 to 1750.

Philosophy of Nursing Leadership Essay

I have worked in healthcare for over thirteen years both as new scare nurse and as an informal leader and as an appointed manager. Throughout this process I have experienced many different feelings towards my managers and experienced several different types of management styles as related to our recent management concept learning. A prior class text book definition states â€Å"Philosophy looks at the nature of things and aims to provide the meaning of the nursing phenomena. Philosophies are the broadest in scope and provide a broad understanding† (Blaise & Hayes 2002 p. 98). Combining a defined leadership theory with my own personal nursing philosophy engages a higher level of understanding about personal concepts and ideas of my past experiences and the possibility for growth as a leader. Peter Drucker’s theory in regards to involving the entire organization in planning and establishing the management process has been implemented for many years at my current employmen t, to include weekly staff meetings with open discussions and an anonymous â€Å"drop box† for problems or ideas to be shared with upper management. We also give one-hundred dollar bonus to any employee who presents a new idea or plan and the hospital corporation agrees to use it. This form of staff participation in leadership by Peter Drucker was used to advise the heads of General Motors, Sears, General Electric, W.R. Grace and IBM, among many others. Often times Drucker offered his management advice to non-profits like the American Red Cross and the Salvation Army. Drucker’s theory in the health care setting encourages individual autonomy and embraces the ideal of leaders not being born but can should be taught and encouraged to use their best judgments for every unique situation. Drucker is quoted as stating â€Å"Leadership is something scientific but has artistic expression.† Artistic expression is individualized and when an organization encourages this individuality of its member’s the results can in turn provided broader solutions and opportunity for growth.  This form of collaboration of many different unique perspective and special skills are imperative in today’s health care system as specifically outlined by the American Nurses Association (ANA) â€Å"recognition of the expertise of others within and outside the profession, and referral to those other providers when appropriate† (2003, p.8) The increasing competitive nature of health care and ever changing technology and change make it imperative for a health care organization to work together as a team for the betterment of the patient outcomes and a hospital’s long term viability. Personal Growth as a Nurse Leader With review of my personal experiences in my nursing career, I can now see the obvious management transitions that took place at the facility I worked at. When I first started working, I basically felt like a â€Å"warm body† only there to perform certain tasks at certain times and felt of no real value to actual hospital’s overall revenue or outcome. Looking back at the management style from that time, I felt no real structure or individual importance toward the outcome of the hospital I worked for. The hospital was a non-profit, government owned facility and the resulting management style is easily related to the Laissez-faire leadership form. With this â€Å"hands off† (Finkleman, p6) form of management comes a great lack of feeling of security or capability to grow and learn as a nurse. Three year after working there a new company bought out our hospital and many extreme changes happened. Computer charting came in, new managers, new rules, new standards and m any people left because of these changes. Not because they were bad changes but because they simply did not want to accept change. With these changes emerged a new management technique that follow the Drucker philosophy of encouraging staff participation, goal setting and leadership learning with in the hospital. I will never forget the first time the hospital administrator came up to me, shook my hand and simply asked how everything on my nursing unit was going. If I had any problems or concerns. This form of management encouraged professional growth and self-esteem. I became more familiar with small skills such as intravenous access, medications, equipment and general patient involvement, I began to find myself more interested in the art of health care and learning. Challenges and learning became my journey and led me to a management position in the  emergency room department. I grew as a person and as a nurse. I learned so many things about health care and genuinely cared for my co-workers. Their input was invaluable and helped us create new policies and systems to give our patients better care. I learned mostly about myself and who I wanted to be as a person and a leader or example to other nurses. I became very confident after ten years in this department and enjoyed the teamwork of this area and wanted to be able to do more with this invaluable acquired knowledge. I came to an understanding of a nurse’s ability to provide their perspectives and past experiences to help other care for the patients. In conclusion, with the educational advancements and experience I hope to continue to learn how to be an effective leader. I would like to see our organization encourage some the emotional intelligence theory philosophy into our practice to encourage stronger relationships between all staff. As stated in (Finkelman, 2011 p 10), â€Å"emotional intelligent leadership is key to creating a working climate that nurtures its employees and encourages them to do their best with enthusiasm, in turn this pays off in improved business performance.† I believe that all people inherently want to be recognized for what they do and need positive reinforcement. With future leadership roles I hope to incorporate both of these leadership theories of including the employees in the organizations plans, group problem solving and building good leaders along with stronger emotional relationships built on encouragement and positive reinforcement to provide an open positive learning environment with s trong inter employee relationships. References Blais, K., & Hayes, J. (2002). Professional nursing practice. (2011 ed., Vol. 6, pp. 2, 27-29, 268). Upper Saddle River, NJ: Pearson. Retrieved from http//www.pearsonhighered.com Finkelman, A.(2006).Leadership and Management for Nurses. (2011 2nd ed., pp. 5-13).Upper Saddle River, NJ: Pearson. Retrieved from http//www.pearsonhighered.com Nursing Times. (2011) Leadership Skills for Nurses. Retrieved from http://www.nursingtimes.net/Journals/2011/j/n/i/Leadership-Skills-for-Nurses. pdf