Mary Schapiro’s job was to fix the SEC Essay Example for Free

Mary Schapiro’s job was to fix the SEC Essay 1.Kotter’s eight steps As already noted, the SEC was starkly exposed as ill-equipped to deal with the chaos erupting across the globe. It was under strong criticism for the serious fraud of Bernard Madoff and the collapse of Wall Street stalwart Lehman Brothers. Accordingly, Mary Schapiro, a career regulator, was appointed the 29th chairman of SEC to save a languishing SEC. She changed the way they were doing things at the SEC including creating new structures, procedures, and programs to better address the modern financial markets as an urgent need to restore the credibility and public confidence in the SEC. This analysis is based on Kotter’s (1995) eight-step process for leading successful change. a.Establishing a sense of urgency The chairwoman argues that urgency is critical. Schapiro developed a change program with three priorities comprising internal assessment, investor protection focus and mistakes acknowledgement. The mission was to turn the SEC to be a high functioning, agile and intelligent, and committed to investor protection and market integrity. b.Creating a guiding coalition In order to able to manage the change process, she brought in new leadership and new senior team. The new leadership team set about retraining, skilling up and motivating the SEC’s talent staff. In addition, the investor –focused agenda was putting in place. The board and senior management and then all levels of decision making were required to pay attention to risk at all level of an enterprise. The whistle blower program was set up to detect securities violations. A final goal was to admit the mistakes that the SEC made under its watch. This is the first step in communicating the change vision. c.Developing a vision and strategy A vision was created to help direct the change effort, that was, to build a high functioning, agile and intelligent, and committed to investor protection and market integrity agency. d.Communicating the change vision In order to communicate the change vision, the chairwoman developed an open  way communication in which all staff and bankers could directly discuss with her. e.Empowering broad-based actions The SEC critically trained their staff to become certified fraud examiners. The organisation was restructured by removing the whole layer of management sending those to the frontline putting thousand staff to different focus groups such as corrupt foreign practices, insider trading, market manipulation and structured products. In addition, the SEC also set rules for over the counter and asset backed securities, hedge funds and examination program. f.Generate short- term wins Monetary reward and safe avenue were offered to whistle blower as a way to encourage people to detect securities violation as part of the change program. Fine was charged to financial institution (Goldman Sachs) due to misleading investor mortgage securities. g.Consolidating gains and producing more change h.Anchor new approaches in the future The change within the SEC was continually anchored for several years after the change commenced.

Growin Up In the Hood :: essays research papers

Growing Up In the Hood   Ã‚  Ã‚  Ã‚  Ã‚  Is it a coincidence that highly urbanized areas are full of crime and always statistically higher than small towns and rural areas? A child that is being brought up in a metropolitan area that is full of violent crimes is flooded in a sense and has nothing to do but to breath in some of the negative influences that go on around him. Therefore, I believe that the most influential scene in a child’s life is the neighborhood that he grows up in. Parents cannot constantly watch over their children, ask about whom they are hanging out with, constantly check where they are, and find out what they are getting themselves into? (Statistics p348)   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  When a child is growing up he is frequently asked what he is going to do for money when he gets older. The more this question is asked to them, the more they feel like they have to have money to be happy in life. After many tries of trying to make a stable life at a low paying job, a criminal life maybe more appealing to them at they may start living life under the gun. As stated by William Wilson in When Work Disappears, â€Å"Neighborhoods plagued by high levels of joblessness are more likely to experience low levels of social organization, they go hand in hand.† In Chicago for instance, in 1990 there was only one in three in the twelve ghetto communities that had held a job in a typical workweek of the year. When there are high rates of joblessness bigger problems surface such as violent crime, gang violence, and drug trafficking. (Wilson P356-362)   Ã‚  Ã‚  Ã‚  Ã‚  These crime-ridden communities (or ghettos) are springing up all through the country, mainly in and around major metropolitan areas. These areas are the most populated, so that means that within these areas are the most people there to be influenced by the crimes committed by fellow people. In Male's reading he shows statistics that prove the fact that once the poverty factor is taken away then teen violence disappears. He later adds, â€Å"That if America wants to rid of juvenile violence than serious consideration needs to be given to the societally inflicted violence of raising three to 10 times more youth in poverty than other Western nations.† (Males p386)   Ã‚  Ã‚  Ã‚  Ã‚  As stated by Elijah Anderson, â€Å"Just living in a low-income area gives most residents less hope for there own future.

Missile Defense Agency

The Missile Defense Agency is an organization known for it’s selectiveness in choosing candidates to work for them. Knowing this, I am submitting my resume in hopes of becoming a part of the MDA team at the Department of Defense. National security is an issue that every American must be concerned about in this era, and in my case I have prepared through my education and experience to become an employee of such an agency as this. The mission of the Missile Defense Agency is to develop, test, and prepare for deployment a missile defense system, and my experience in management and logistics has prepared me to work in a field such as this. I feel that my strength as an employee, my ability to problem solve and my abilities with strategic planning would make me a strong candidate to become a part of the Missile Defense Agency. The Missile Defense Agency plays an important role in the United States today. More than ever our country needs to be prepared for the unthinkable. Every day on the news there are many mentions of events happening around the world that renew my belief that a prepared Missile Defense Agency is essential to the national security of our country. To this end, I am dedicated to the mission of the MDA and the Department of Defense, not only because I am a citizen of this country and have a personal stock in the security of our nation, but because my own personal experience and education would lend a lot to the agency and my contributions would definitely be substantial. Furthermore, my daughter has recently enlisted in the United States Army, and I feel my personal connection with the importance of the security of this nation would make me an excellent candidate for the MDA Logistics position. My education has been the most formative experience of my life. My Bachelors of Science in Human Resource Management was obtained from Athens State University in Alabama. During my time at university I was able to learn a great deal about business, management, and how important it is to learn from every experience. Much of my education was not within the classroom, but outside of it, because I am a person that enjoys learning hands-on and obtaining new skill sets that will help me develop into a better person and employee. When I began to seek an institution to obtain my Masters degree I chose Florida Institute of Technology in Alabama because of the degree they offered in Management and Logistics Management. This degree has helped me to develop a strong aptitude for data analysis and a high attention to detail. Graduate college courses have exposed me to transportation security, transportation economics, strategic intermodel transportation, and much more to prepare me for a career in the logistics arena. Modes of instruction included correspondence courses, formal classes, developmental assignments, and independent studies. The courses I`ve taken in my major at Florida Institute of Technology have given me a broader understanding of logistics and distribution. The skill sets I’ve obtained as a student have prepared me to become a strong member of the Missile Defense Agency. The above training and experience will enable me to perform well at the Missile Defense Agency. Effective oral communication is critical to the mission of your organization, and I have this skill developed through years of education and career experience. Talent for ensuring proper staff direction at all times to maximize contribution of each individual including planning, directing, work assignments, and expediting problem resolution is one of my most valuable skills. The ability to analyze logistics support needs accurately and to establish and maintain satisfactory relationship with other employees is an important part of my prior work experiences, and I am adept at developing and maintaining detailed administrative and procedural processes that reduce redundancy, improve efficiency, and achieve organizational objectives. I performed the duties of logistics functions and principles by implementing a quarterly inventory control system, and my acute ability to transform organizational strategies into action and achievement with superior ability to lead performance-driven teams. I have also been able to demonstrate diverse skills by interacting with personnel from a variety of ethnic backgrounds. All in all, my skills and abilities have prepared me to become a successful and committed employee of the Missile Defense Agency and I look forward to joining your team. Â  

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I Too Sing America Analysis - 852 Words

Singing America Langston Hughes has cited Walt Whitman as one of his greatest influences he has had, and some believe that Hughes wrote I, Too, Sing America in response to Whitmans I Hear America Singing. Hughes builds on to Whitmans poem by writing his poem along the same lines and basics as Whitmans. Both poems talk about the way people work hard, how they sing America, and the way they are so content and never complain. All the characters work all day and they sing America, meaning they are hoping that one day, they can be treated equal like the whites in America. With Hughes adding on and building on this poem of Whitmans, it shows a bigger meaning with the characters. Shows the relation between blacks and whites. The poem, I,†¦show more content†¦Same goes for the way the black man is singing America in Hughes poem, I, Too, Sing America. The black man singing America shows how he wants to be free and treated the same as the whites he is serving. In Hughes poem, he explains, I, too, sin g America. I am the darker brother. They send me to eat in the kitchen. When company comes, He is to serve and then eat somewhere else where others wont see him. This adds on to Whitmans poem the way the characters also work and one day hoping for freedom. The last final message in Walt Whitmans poem, I Hear America Singing, and Langston Hughes, I, Too, Sing America, is the notice of how consent the workers are. They never complain and just perform like nothing is ever unsatisfactory. Of course they think about freedom and all the what ifs, but they are so handy and work like no other. In Whitmans poem, all the characters do their own jobs with nothing to worry about, and they work all day. And they sing their songs joyfully and they mind their own business, knowing that one day all will be equal. In this poem, Whitman says, Singing with open mouths their strong melodious songs. They work until night and then repeat the next day, worrying about nothing. Supporting Whitmans poem, is Langston Hughes poem, I Too, Sing America, and his character works for the whites and doesnt complain either. He is so confident and he knows that one day he will be the one getting served, this builds on toShow MoreRelatedAnalysis Of I Too Sing America733 Words   |  3 Pages â€Å"I, Too† written by Langston Hughes is a poem about America in times of prejudice and injustice. This poem conveys more than unequal treatment to those of color. Hughes utilizes imagery to create a mental picture for the reader of what it felt like to be an African American at that time. Symbolism is utilized to represent America and its people as well. He wrote the poem from the perspective of a slave in the Jim Crow South. To give some background information on Langston Hughes he lived throughRead MoreAnalysis Of `` I, Too, Sing America ``942 Words   |  4 Pageslives have been ruin by this one act. Hughes skill in representing deep emotion and impacting the reader while still depicting very real situations serves to promote his plea for change (Gohar, 151). Another poem that discusses inequality is â€Å"I, Too, Sing America†; however, this poem takes a slightly more positive perspective. This poem begins on a somber note as the narrator states that he is forced to eat in the kitchen rather than at the dining table with the white people. Still, the narrator keepsRead MorePoem Analysis On I, Too, Sing America 1611 Words   |  7 PagesDai Yueh Cheng Dr. Smedley English 1B 9 March 2015 Poem analysis on â€Å"I, Too, Sing America† In the poem â€Å"I, Too, Sing America† by Langston Hughes, he envisions a greater America, a more inclusive America where all the races can proudly represent themselves as American citizens. Hughes was a leader of Harlem Renaissance, and had tremendous pride of his race as an African American. However, during that time period, African Americans were being considered as second-class race, and they were being segregatedRead MoreAnalysis Of The Great Gatsby And I Too, Sing America979 Words   |  4 Pagesexpress their opinions through underlying themes in their stories thus allowing writers to be spokespeople of their times. From The Great Gatsby to The Crucible to â€Å"I, Too, Sing America,† each author has expressed the values, critiques of society and traits of their times through their stories and poems. During the early 1920’s, America experienced a post-war economic growth, which increased the average income of an American home. This allowed big businesses to rise and the growth of the AmericanRead MoreAnalysis and Interpretation of I, Too Sing America by Langston Hughes1148 Words   |  5 PagesPoem I, Too Sing America is considered to be very characteristic for radical poetry of Langston Hughes. The majority of literary critiques and historians refer to Hughes as one of the first American poets, who set the standards and examples how to challenge the post-World War I ethnic nationalism. His poetry contributed and shaped to some extent the politics of the Harlem Renaissance. In analysis of Black poetry Charles S. Johnson wrote that the new racial poetry of the Negro is the expressionRead MoreI, Too explication891 Words   |  4 Pagesexplication of â€Å"I, Too† by Langston Hughes An analysis of Langston Hughes’ poem â€Å"I, Too† in the book The Norton Introduction to Literature (1021), shows that the author used distinct word choice and imagery to write a timeless poem about ignorance and bigotry that can be applied to any group of oppressed people, while at the same time he conveyed a strong sense of hope that at some future time, all will be welcome at the table. The opening line of â€Å"I, Too,† â€Å"I, too sing America† (1) speaks to allRead MoreAnalysis Of Langston Hughes s Poem I, Too978 Words   |  4 Pages Langston Hughes America, the ideals of freedom, equality, and opportunity traditionally held to be available to every American. This is what everyone was told, what the Declaration of Independence states. But, Langston Hughes a black American poet in the Harlem Renaissance period saw the truth. Being an African American in the United States during the early 1900’s was difficult. Many lived a life full of hardships; segregation, prejudice and economic hardships, viewed as second-class citizensRead MoreA Comparative Analysis of Harlem Renaissance Poetry Essay596 Words   |  3 PagesComparative Analysis of Harlem Renaissance Poetry) The great philosopher Plato once orated: â€Å"Every heart sings a song, incomplete, until another heart whispers back. PBS defines the the Harlem Renaissance a â€Å"Cultural, social, and artistic explosion that took place in Harlem between the end of World War I and the middle of the 1930s. During this period Harlem was a cultural center, drawing black writers, artists, musicians, photographers, poets, and scholars.† Those who wish to sing always findRead MoreRhetorical Analysis Of Maya Angelou s I Know Why The Caged Bird Sings 1036 Words   |  5 PagesFily Thiam English 002 Mrs. Vilato 9 April 2015 Rhetorical Analysis on â€Å"Graduation† by Maya Angelou In Graduation, a chapter in her autobiography â€Å"I Know Why the Caged Bird Sings†, Maya Angelou talks vividly about her middle school graduation in the segregated South. Graduation is an important milestone in most people’s life, as they get a degree and move on to their next level, something better and more important, with the hope that they can use their new knowledge to achieve their life goals andRead MoreAnalysis Of Angie Thomass The Hate U Give786 Words   |  4 PagesAlthough this essay was written several years before the Harlem Renaissance was in full swing, the quote by Dubois is a precursor to the brilliance to come. Its also worth noting that Starrs experience in The Hate U Give solidly parallels Du Boiss analysis of Double-Consciousness. One of the major themes in The Hate U Give is the â€Å"two-ness† that the main character faces. Although she is from a poorer neighborhood, she attends a private school in an affluent area. Because the dialogue surrounding

Compare and Contrast Communism, Socialism, and Capitalism

What is communism? Communism is a term used broadly to designate a ‘theory or system of social organization based on the holding of all property in common, actual ownership being ascribed to the community as a whole or to the state.’ It refers to the doctrine which underlines the revolutionary movement which aims to abolish capitalism and ultimately to establish a society in which all goods will be socially owned, all economic activates socially planned and controlled, and in which all distributions will be in accordance with the maxim. German author Emil Ludwig described the maxim as â€Å"for each according to his capacity, to each according to his need.†(1) It is to be distinguished from socialism which aims by constitutional and democratic†¦show more content†¦As mentions before socialism is the doctrine that espouses public ownership or control of a major means of production. It aims to achieve an equitable and efficient distribution of social goods and greater economic planning then exist under capitalism. Although the central concerns of socialism appears to be economic its ramifications extend to the moral, social and political realms, in fact together with nationalism, it is the leading ideological and political movement of the 20th century. It is considered to be the transitional phase between the capitalism and communism. Thus, you would find all communists advocating for socialism because it lays the foundations for communism. It advocates an egalitarian society where everyone shares equal wealth and power. There is a considerable disagreement over how the distribution should take place. Hence, socialism can be said to be between extreme capitalism and extreme communism with it being nearer to communism. Socialism is liberal. More people have say in how the economy works. (5) The basic principles of contempary socialism have their origin in the economic, social and cultural transformations of Europe which occurred during the 18th and 19th centuries. Contributing factors were the Industrial Revolution and the rise of the bourgeois’ and proletarian classes, the enlightenment’s secular and rationalistic view of men and society, and the democratic demands of the French Revolution. Social ownership andShow MoreRelatedPolitical Ideology Essay1274 Words   |  6 Pagesdifferent forms of political ideology. With all theses different types of government you have to wonder sometimes which one of theses forms of government would be the best to run the ideal society. In this paper I will compare and contrast; liberalism, social democracy, fascism, communism, and anarchy. Also I will give my opinion on which one of these forms of government would be the most ideal to run a modern d ay county or society. Before I can begin comparing and contrasting we need to have a workingRead MoreCold War: Capatalism v. Communism873 Words   |  4 Pagesâ€Å"Capitalism v. Communism† During the Cold War, Europe was split between communist countries and non-communist countries. The strife was caused by the differences in the underlying values in capitalism and communism. During this time, the United States and the Soviet Union also had opposing ideologies. Despite the differing ideologies of capitalism and communism, both have affected the political, cultural, and economic development of Third World countries. Capitalism is â€Å"a way of organizing anRead MoreThe Communist Manifesto : Socialism And Communism1175 Words   |  5 PagesManifesto† in 1848. Marx believed that capitalism should be replaced by socialism and eventually communism and it should be done through abolishing markets, prices and private property. To understand Marx’s ideas it is important to define capitalism socialism and communism. Capitalism can be defined as ‘an economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state’. On the other hand socialism can be defined as ‘a politicalRead More The Fall of Socialism Essay3197 Words   |  13 PagesThe Fall of Socialism Ever since the Great Depression, political and economic thought in America has moved consistently to the right, enough that reforms which passed years ago in other industrialized countries cannot even be mentioned in political discussion. In fact, there is a deliberate destruction of legitimate thought by equating it with a universal evil. Specifically, any reform which helps the lower classes - reforms such as welfare, universal health care, housing, and so forth ? are vilifiedRead MoreEssay on Test Bank For Business In Action 7th Edition Bovee Thill16565 Words   |  67 Pagesto its citizens. Answer: TRUE Explanation: Economics is the study of how a society uses its scarce resources to produce and distribute goods and services to its citizens. Diff: 1 AACSB: Application of knowledge Chapter LO: 1 Course LO: Compare and contrast different economic systems Classification: Concept 2) Macroeconomics studies economic behavior among consumers, businesses, and industries that collectively determine the quantity of goods and services demanded and supplied at differentRead MoreShort Answer Questions On Gorbachev s Reforms1305 Words   |  6 PagesGorbachev’s reforms Gorbachev’s named reforms of glasnost and perestroika promised freedom of discussion and restructuring of the government, respectively. These reforms were implemented with the optimistic belief that people would still choose communism over capitalism. The 1989 elections introduced a degree of choice to the constituency, allowing expression of dissent from the Party — and proving that the citizens largely were dissenters. Decreased censorship allowed the press to try out investigativeRead MoreJohn Locke : The Father Of Classical Liberalism1790 Words   |  8 Pages– of which other forms of liberalism came from – due to his influential works in favour of ideas that reflect what is now known as liberalism. Alongside Locke, Karl Marx is commonly thought of as an iconic proponent of socialism; another quite common political ideology. Socialism advocates social ownership and total democracy for economic production alongside individual equity. Both ideologies h ave a system of unique and distinct conceptions of ideas that constitute their theory. This is especiallyRead MoreThe Concept Of Power Between Conservatism And Marxism1311 Words   |  6 Pages This essay will compare and contrast the concept of power between Conservatism and Marxism. Marxism and Conservatism are two ideologies at the opposite ends of the political spectrum, respectively being left-wing and right-wing. The two contrasting ideologies give a good insight to the main aims of the ruling individual and/or political parties and their effects on social structure in the states that adopt them. All political ideologies are about power. It is about the people who have power andRead MoreEssay on Capitalism Vs. Socialism1805 Words   |  8 PagesComparisons between countries and regions before and after the advent of capitalism in Eastern Europe, Russia and Central Europe as well as a comparison of Cuba and the ex-communist countries provide us with an adequate basis to draw some definitive conclusions. Fifteen years of transition to capitalism is more than adequate time to judge the performance and impact of capitalist politicians, privatizations, free market policies and other restoration measures on the economy, society and generalRead MoreWhat ´s an Ideology?1412 Words   |  6 Pageswikipedia.org. Many political parties base their style of governance and political programs on an ideology and this helps determine how political change should be incorporated in our country. That is why the aim of this essay is to examine, compare and contrast the political ideologies of two major political parties in post- apartheid South Africa. South Africa has a multi-party political system that incorporates thirteen parties who sit in parliament or the national assembly. The national assembly

Strategic Operation Management Free Essays

To be able produce professional managers capable of fulfilling strategic roles within business and government enterprises the need for the practice of operations management cannot be forgone. Operations management is very important in business operations since it forms the heart of the organisation by controlling the system of operation. Operations management deals with the design, operation, and improvement of the systems that create and deliver a firm’s primary products and services. We will write a custom essay sample on Strategic Operation Management or any similar topic only for you Order Now Like marketing and finance, operations management is a functional field of business with clear management responsibilities. Guinness Ghana limited is a company in which produces alcoholic and nonalcoholic beverages such as Guinness and Malta Guinness respectively. In a business entity like Guineas Ghana limited the use of operations management is very necessary in every fabric of the company’s activities. Guinness Ghana Limited uses operations management to ensure and sustain efficiency and effectiveness in the organisation. Efficiency in Guinness Ghana is concerned with how well resources such as human expertise and inputs are put in use irrespective of the purpose for which they were deployed in the company. The company through its activities ensures that the primary objective for its establishment to make profits and maximize shareholders value is realized. The company reduces its cost of production by ensuring that tangible and intangible resources are not over stretched or wasted in the organisation. This is a situation where the company carries out effectively its objectives to be the market leader using minimum resources to achieve maximum output. The measures of effectiveness and efficiency in Guinness Ghana leads to labour productivity, yield, capacity fill working capital utilization and the efficiency of production systems. Guinness Ghana Limited also makes good use of its products and services management through operations management. Product (or service) management includes a wide range of management activities, ra nging from the time that there’s a new idea for a product to eventually provide ongoing support to customers who have purchased the new product. Every organization conducts product management, whether it’s done intentionally or unintentionally. Guinness Ghana through this module provides a wide overview of considerations in developing and managing its product. How a product is eveloped or managed depends very much on the nature of the organization and its products, Guinness Ghana uses it core competences in the areas of manufacturing, branding, marketing through wholesale and retail outlets to gain competitive advantage in the market place. Quality management is also a very important aspect of operations management in every organisation. Guinness Ghana is very critical about i ts products developed for the customer in the market place. Quality management is crucial to effective operations management, particularly continuous improvement to match the consumers taste and preference at all times. More recent advancements in quality, such as benchmarking and total quality management, outsourcing and reengineering have resulted in advancements to operations management in Guinness Ghana Limited. The company through its reengineering and benchmarking activities has always earned the leadership in the market. Benchmarking serves as a first class internal auditing process which the company uses to diagnose its weaknesses and identify ways of turning them into strength to increase itscustomer base in the market place. Management Control and Coordinating Function cannot be forgone in operations management especially in a company like Guinness Ghana Limited. Management control and coordination includes a broad range of activities to ensure that the company’s goals are consistently being met in an effective and efficient fashion. Basically, organizational coordination and control is what the company uses to take a systematic approach to figuring out if it is actually doing what it wanted to be doing or not. Some of the major approaches to the company’s organizational control and coordination include product evaluation, product distribution, advertising and promotion, sales and service and product development. For instance, product distribution in Guinness Ghana is done through retailers and other small distribution outlets organized by the company to ensure that its products reaches the consumer within an arms length. The company also uses advertisements as a major instrument to reach the customer and reorient the perception of customers about its products. In this increasingly expanding and competitive marketplace, the company ensures its products and services are prominently in the minds of their customers and clients. This occurs as a result of ongoing advertising and promotion by the company. Facilities management is also a necessary function and its importance on operations management for Guinness Ghana is needed. Effective operations management in the company’s activities depends on a great deal of effective management of facilities, such as buildings, computer systems, signage, lighting and plants and machinery. Facilities management in Guinness Ghana is very important since the company may be engaged in a batch or mass production depending on the demand circumstances on the market. In a case high demand which could necessitate higher or mass production, facilities needs to be managed in producing large quantities of products which must be standardized to meet the market demand at specific period. Well managed facilities like plants and machinery in the company help in production speed, lower per unit cost, ease of manufacture and control and the efficiency in the company’s production process. Inventory control and management is one importance of operations management that Guinness Ghana limited uses in its operations. Managing and controlling the inventory of the company is very critical. Innovative methods, such as Just-in-Time inventory control, are some of the major instruments used by the company to save costs and move products and services to customers more quickly. Generally the importance of operations management on businesses is embedded in every aspect of the organisations activities and therefore has critical role to play in ensuring that organisations achieve their objectives and goals. How to cite Strategic Operation Management, Papers