...Americans in the Sciences John P. Parker was born in Norfolk, Virginia , the son of a white father and a slave mother. He was sold to a slave agent from Richmond, Virginia at age eight, who then sold him to a slave caravan that took him to Mobile, Alabama. In Mobile, Parker was purchased by a physician who employed him as a household servant, where Parker was taught to read and write. In 1843 the sixteen year old Parker accompanied the physician's sons north to attend college; however, Parker returned to Mobile when the owner feared the slave would escape to the north. In Mobile Parker was apprenticed to series of craftsmen in foundry and iron manufactures and learned the trade of plasterer. After attempting to escape to New Orleans following abuse by one of the plasters he was apprenticed, Parker was discovered as a riverboat stowaway and returned to the physician. In Mobile once again Parker was apprenticed to a molder at a local iron foundry where he became a competent molder. Parker's skill as a molder maker caused ill will with his fellow workers, which saw him transfer to a New Orleans foundry. His productive zeal again alienated his co-workers and Parker was dismissed from the New Orleans foundry. Fearing that he would become a field hand, Parker worked for two years at a foundry and the New Orleans docks as a stevedore and purchased his freedom from his earnings. The price of freedom for John P. Parker in 1845 was $1800....
Words: 656 - Pages: 3
...Implementing risk transformation in financial institutions Governance and culture Risk transformation can enable a financial institution to elevate risk management from a functional capability to an enterprise responsibility that permeates the entire organization. When that happens, every business, function, and individual becomes responsible for, accountable for, and capable of recognizing and addressing the risks within their purview. Moreover, risk awareness and appropriate risk-related skills can become an integral component of every individual’s responsibilities at every level. In these ways, risk transformation can enhance the organization’s ability to implement business strategies and achieve goals while addressing risks and complying with evolving regulations. This document is one in a series of four on the cornerstones of risk transformation (see Figure 1): • Strategy • Governance and culture • Business and operating models • Data, analytics, and technology As explained in Aligning risk and the pursuit of shareholder value: Risk transformation in financial institutions,1 when these cornerstone frameworks and capabilities are in place, risk management, risk governance, and regulatory compliance can be implemented in a more aligned and integrated manner. Figure 1: The cornerstones of risk transformation What vision drives the Organization? Business Model Operating Model culture What oversight ensures the strategy is executed? ...
Words: 4931 - Pages: 20
...Getting the retained organization right: The other half of the shared services battle 2 Transforming the service delivery model for back-office functions such as finance, procurement, human resources (HR), real estate, and information technology (IT) continues to be a top priority for many companies. Such efforts usually aim to achieve several interrelated goals: to increase the function’s strategic contribution to the business, to improve operational efficiency and reduce cost, and to drive global data and process consistency. One widespread strategy for pursuing these goals is to establish a shared services organization (SSO) to execute back-office functional processes on behalf of multiple operating units. However, our experience shows that such efforts often fail to yield their intended benefits. Why? One important reason, in our view, is that many companies tend to focus almost exclusively on the processes to be moved into the SSO while paying little attention to the retained organization’s design and operation. We have seen many companies underestimate both the level of effort to get the retained organization “right” and the extent to which failure to do so may diminish the value of the shared services program. On the other hand, companies that do make the necessary investment in their retained organizations have a greater chance of reaping satisfactory returns on their shared services investment. Figure 1: Characteristics of the four types of functional activities...
Words: 4075 - Pages: 17
...Audit Intern, Winter 2013-Omaha Location: Omaha, Nebraska Firm Service: Audit Reference Code: S12OMAAI13JAN-AU Type of Position: Full-time Job Description Apply Online Deloitte & Touche LLP's ("Deloitte & Touche's") Audit and Enterprise Risk Services business has a risk-based approach, experienced professionals, comprehensive methodologies, and technical resources. Deloitte & Touche's services combine competency and experience in the areas of financial reporting, risk management, and compliance. The external audit services include: • Audits of Financial Statements, including reviews of quarterly financial information • Audits of internal control over financial reporting including Sarbanes-Oxley Section 404 • Agreed Upon Procedure • Other attest related services In conducting an external audit of clients' financial statements, Deloitte & Touche holds itself to the standards of independence, professional objectivity, and technical excellence. The audit approach is designed to provide the flexibility to serve the unique circumstances and complexities of clients. The Deloitte & Touche approach is to understand a client's business, the risks it faces, its internal controls, and assess the risk of material misstatement of the financials in order to design effective audit procedures. For public companies subject to the internal control reporting requirements of the Sarbanes-Oxley Act, Deloitte & Touche integrates the audit of internal control over financial reporting with...
Words: 1351 - Pages: 6
...The concept of Knowledge Management and its evolution The concept of Knowledge Management and its evolution The concept of Knowledge Management and its evolution The business environment of the twenty-first century is dominated by a powerful influence: the knowledge and information revolution. Knowledge is thought to be the only meaningful resource in this knowledge-based economy. The traditional factors of production have become secondary. In the current economy of increased global competition companies are using knowledge as a means to gain competitive advantage. Their ability to succeed largely depends on how well they can manage knowledge. Without a doubt, Knowledge Management (KM) has become increasingly important for all organizations. Knowledge Management is a concept and a term that arose approximately two decades ago, roughly in 1990. Quite simply one might say that it means organizing an organization’s information and knowledge holistically, but it is not the whole picture. Very early on in the KM movement, Davenport (1994) offered the still widely quoted definition: “Knowledge management is the process of capturing, distributing, and effectively using knowledge.” This definition has the virtue of being simple, stark, and to the point. A few years later, the Gartner Group created another second definition of KM, which is perhaps the most frequently cited one (Duhon, 1998): “Knowledge management is a discipline that promotes an integrated approach to identifying...
Words: 917 - Pages: 4
...Third Party Risk Management: Job Description Intern-S15HEINTNG-IIMUDescriptionAbout Deloitte “Deloitte” is the brand under which tens of thousands of dedicated professionals in independent firms throughout the world collaborate to provide audit, consulting, financial advisory, risk management, and tax services to selected clients. These firms are members of Deloitte Touche Tohmatsu Limited (DTTL), a UK private company limited by guarantee. Each member firm provides services in a particular geographic area and is subject to the laws and professional regulations of the particular country or countries in which it operates. DTTL and each DTTL member firm is a separate and distinct legal entity. Each DTTL member firm is structured differently in accordance with national laws, regulations, customary practice, and other factors and may secure the provision of professional services in their territories through subsidiaries, affiliates, and/or other entities. In the United States, Deloitte LLP is the member firm of DTTL. Services are primarily provided by the subsidiaries of Deloitte LLP, including:• Deloitte & Touche LLP• Deloitte Consulting LLP• Deloitte Financial Advisory Services LLP• Deloitte Tax LLP In India, Deloitte LLP has the following indirect subsidiaries: Deloitte & Touche Assurance & Enterprise Risk Services India Private Limited, Deloitte Consulting India Private Limited, Deloitte Financial Advisory Services India Private Limited, Deloitte Tax Services India...
Words: 2464 - Pages: 10
...HUMAN RESOURCE MANAGEMENT IN BUSINESS ORGANISATIONS Group 1 | HRM-A ARUNI SINGH (H15012) NAKUL SHARMA (H15035) NISHTHA KHANNA (H15038) PRATIK JAIN (H15041) YASH JAIN (H15059) ACKNOWLEDGEMENT We would like to take this opportunity to gratefully acknowledge the valuable assistance and contributions of the few people, without whom this project could not have been completed. At the outset, we would like to thank Professor M Srimannarayana for providing us with this learning opportunity and for being a constant source of insightful guidance for us in all matters related to the field of Human Resource Management, which we have just been exposed to. We would also like to thank the HR Professionals from various companies, with whom we interacted and were kind enough to spare time from their taxing schedules to fill u our surveys. These surveys have formed the backbone of our study. Thank you all! 1|Page Table of Contents ACKNOWLEDGEMENT .................................................................................................................... 1 INTRODUCTION................................................................................................................................. 3 ORGANISATIONS PROFILE ............................................................................................................ 4 HR STRUCTURE AND SIZE ........................................................................................................
Words: 7210 - Pages: 29
...Demand Versus Supply Paper Lou Ann Carmichael HCS/552 November 28, 2011 John Pew Demand Versus Supply Paper The use of telemedicine as a health care delivery system has proven very beneficial in a rural health care setting. The patients in need of health care in rural communities provide the demand for health care services, and telemedicine is an effective way to meet the demands of the patients. “Health economists focus on trade-offs, choices that must be made, scarcity of resources and allocating resources among competing needs, not on defining one specific need” (Gretzen, 2007, p. 24). Telemedicine is the exchange of medical and health information between a health care provider and a patient who are potentially hundreds of miles apart. “Currently, the demand for health care is on the rise and increasing at an uncontrollable rate” (Provencher & Nuccio, 2011, p. 27), and telemedicine is one method of meeting the increasing demand for health care. Consumer Demand Gretzen (2007) stated “demand is the relationship between price and quantity” (p. 25). Health care economics also has to consider the law of demand, which is as the price increases assuming all other variables stay constant, the quantity of services purchased will decline. With an aging population in rural communities, the access to specialty physicians is a huge barrier for this group of patients as normally the specialty physicians are hundreds of miles away from the community they reside in...
Words: 1083 - Pages: 5
...hit rock bottom in 1933, real GDP plunged nearly 30%. Real per capita disposable income sank nearly 40%. More than 12 million people were thrown out of work; the unemployment rate soared from 3% in 1929 to 25% in 1933. Some 85,000 businesses failed. Hundreds of thousands of families lost their homes (Wheelock 2008). The money supply had fallen 35%, prices plummeted by about 33%, and more than one-third of banks in the United States were either closed or taken over by other banks (Parker 2010) . Milton Friedman and Anna Schwartz, in their 1963 book A Monetary History of the United States, 1867–1960, call this massive drop in the supply of money “The Great Contraction.” Monetarists, including Friedman, argue that the Great Depression was mainly caused by this monetary contraction, poor policy-making by the American Federal System, and continued crisis in the banking system. While there are many credited theories that provide an explanation for the Depression, this essay will focus on Monetarism and John Maynard Keynes’s argument for government stimulus in order to combat the economic downturn. Causes For The Great Depression In their book A Monetary History of the United States, 1867–1960, Friedman and Anna Schwartz stated that the Depression began with America’s weak banking system (Friedman et al. 1971). From 1930-1933, 10,000 banks closed. The majority of the U.S banks were small institutions. The Fed did not expect these small banks to have such a large effect on the money...
Words: 2297 - Pages: 10
...Washington, D.C., in 1954. •She received her Ph.D. in Cultural and Social Anthropology from the University of Washington in 1965 Referrence •Parker, M. E. (2005). Nursing Theories and Nursing Practice. Philadelphia: F.A. Madeleine M. Leininger Loading... •Madeliene Leininger recognized that the congruent of care and culture was the missing link in nursing. What lead her to recognized this phenomenon? •References •Parker, M. E. (2005). Nursing Theories and Nursing Practice. Philadelphia: F.A. Factors that shape the theorist •The main focus of cultural care frameworks is to assist nurses to avoid ethnocentric assessments, so that they can provide care that is responsive to the recipient’s cultural perspective. (Baker 1997.) Madeliene Leininger Loading... •It is the only theory explicitly focused on the close interrelationships of culture and care on well-being, health, illness, and death. •It is most holistic and multidimensional. •The theory focused on comparative culture care. •This theory include cultural diversity — “differences between and among different cultures — and cultural universality — commonalities or similarities in different cultures” Major focuses of the Transcultural Nursing/ Cultural Care Diversity and Universality Theory is….. (Leininger, JTN, July 2002 p. 189) • Article1--Homelessness as culture: How transcultural nursing...
Words: 847 - Pages: 4
...Joel Fernando 11-11-08 HIST-281 WI Research Paper Rough Draft Native Americans in the Civil War The American Civil War was fought between the Unions, from the northern region of America, and the Confederacy, from the southern region of America. A war that was started because of slavery and fought between western europeans and incidentally people who live on the land such as Native American. The battles fought were all over the land in America. So, if a territory was on the land, then the people who lived there would inevitably get involved with the war. Battles were fought on indian territory, and as a result many Native Americans got involved in with the Civil War. The reason why Native Americans got involved in the Civil War was because they were recruited by the Confederate or the Union to fight for their territory. Between 1861 to 1865 Native Americas fought truculently for themselves in each battle in the Civil War. It was their right to fight for territory, which gave them a choice to fight or another choice to move their lifestyle and their culture to another place. The territory that the Native Americans had were so important to them because of the natural resources and knowledge they had from the land. Moving to a different place would be difficult because they would have to start over from nothing. Many Native Americas thought they could try and avoid the war, but it was uneasy to ignore the Civil War. Native American tribes would try to completely avoid confutation...
Words: 1389 - Pages: 6
...Parker Earth Moving Company Consulting: Session Three John Flynn, Lakeidra Haygood, Dwann Herron, Rosy Manivong, and LaTasha Snowden ISCOM/305 June 13, 2011 Kairo Hannon Memorandum TO: Parker Earth Moving Company FROM: Team B Consulting DATE: June 13, 2011 SUBJECT: Business Process Improvements Parker Earth Moving Company’s (PMEC) foreign competition has caused the company to reduce market share. The percentage has declined from 47% to 29% and PEMC has suffered losses of 3%, 7%, and 11% in the last three years. Team B analyzes the current operations and activities of PEMC to determine the best way to achieve profitability. Business Process Recommendations Recovering losses and achieving increased profitability requires PEMC to implement several operations management principles. Beginning with redefining the organization’s vision and mission statement; internal stakeholders such as management and employees should acknowledge and work toward the organization’s objectives together. Managers can work collaboratively on creating a work breakdown structure, further clarifying primary tasks, and creating strategies for each business unit. A balanced scorecard can highlight each department’s key performance indicators, goals, and results. Implementing a work environment based on the Kaizen model for continual improvement encourages employees and managers to work on solutions rather than conflicts. Employees can help establish where and when production interruptions...
Words: 535 - Pages: 3
...Mindfulness practices like Mindfulness Based Cognitive Therapy (MBCT) are rooted in Buddhist traditions but it is delivered independently from the religious and cultural origins in mental health practices (Sipe & Eisendrath, 2012; Baer 2003). MBCT was created by cognitive therapists John Teasdale, Mark Williams and Zindel Segal as a form of therapy that combines aspects of Cognitive Behavioural Therapy(CBT) and Jon Kabat-Zinn’s Mindfulness Based Stress Reduction (MBSR) programme (Williams, Russel, & Russel, 2008; Shapiro & Carlson, 2009). The programme was originally developed to target the cognitive vulnerability in patients with depressive relapse to help them break habitual dysfunctional cognitive patterns, to reduce the recurrence or relapse of depression (Van der Velden, et al. 2015; Williams, et al. 2008). The combination of cognitive and mindfulness based therapy provides a long term form of preventing relapse (Shapiro and Carlson, 2009). Usual CBT concentrates on teaching patient’s how to cognitively approach and understand the aetiology of mood disorder and then apply certain skills to change dysfunctional and automatic thoughts (Beck, as cited in Manicavasgar, Parker, & Perich, 2011). The mindfulness component of the MBCT programme focuses on teaching patients to become aware of their bodily sensations, thoughts and feelings in a non-judgemental way. This awareness allows patients to face difficulties and discomfort from a perspective where they...
Words: 807 - Pages: 4
...Guess Who's Coming to Dinner, Now! Anthony Raphael Embry-Riddle Aeronautical University Values and Ethics HUMN 330 Amanda Schooling May 01, 2013 Guess Who's Coming to Dinner, Now! Spanish philosopher, George Santayana quoted the phrase, “Those who cannot remember the past, are condemned to repeat it” (Britannica, 2013, p. 1). Never has that phrase meant as much as it does today in the battle for marriage equality. The norm of a given society usually defines acceptable marriage. When the need arises to change that norm, it takes an opinion-changing event to effect the views of society. In early 1967, the Supreme Court ruled in a landmark decision clearing the way for interracial marriage (Loving v. Virginia, 1967). As ground breaking as that decision was, it did very little to diminish the opinions of people who were strongly against interracial marriage. In an era where the struggle for civil rights was an ongoing occurrence, not only did the law against interracial marriage need to be changed, but also the way society viewed it. In an effort to shed light on the underlying whispers of secret societal snubbing of mixed marriages, the movie Guess Who’s Coming to Dinner (Columbia Pictures Corporation, 1967) was able to give our nation an opportunity to open a dialog. Today, we find a nation that is on the verge of repeating a similar course of action in the struggle for marriage equality. For the past few years, the fear, prejudice, and hostility against marriage...
Words: 2267 - Pages: 10
...British Journal of Management, Vol. 16, 175–194 (2005) DOI: 10.1111/j.1467-8551.2005.00453.x Revisiting Fayol: Anticipating Contemporary Management Lee D. Parker* and Philip A. Ritson *Corresponding author: Lee D. Parker, School of Commerce, Security House, North Terrace, The University of Adelaide, SA 5005 Australia Email: lee.parker@adelaide.edu.au This study argues that in classifying Fayol as a founding father of the Classical Management School, we have to some extent misrepresented this still important management theorist. The received Fayol portrayed in contemporary texts invariably emerges as a caricature of a much more insightful, complex, visionary and rounded management thinker. This study re-examines Fayol’s personal and career history, as well as the arguments presented in his original work, General and Industrial Management. It finds that he was a much more complex and multidimensional figure than his conventional stereotype today, and that his management theories embraced a wider spectrum of approaches and concepts than traditionally identified with the classical management school of thought. In marked contrast to his traditional portrayal, this study uncovers traces of ideas and concepts that anticipated aspects of the human relations movement, systems-based contingency theory, the movement towards greater employee involvement in decision-making and elements of knowledge management. Henri Fayol, the French industrialist and management thinker...
Words: 13494 - Pages: 54