Journal Article Research and Analysis Essay Example | Topics and Well Written Essays - 750 words

Diary Article Research and Analysis - Essay Example Heneman (2002), states that for HR remuneration is the prime source that empowers organizations to pull in and hold gifts, along these lines the pay the board is a basic part of human asset the executives and of the whole association. The significance of compensable elements, for example, information required by position and aptitudes necessities, critical thinking and responsibility (Jones, Steffy and Bray, 1991) are directed by the mind boggling choices that officials should make so as to emphatically affect company’s enrollment and maintenance endeavors and to arrive at authoritative objectives. In this manner, picking a remuneration methodology is one of the primary human asset choices made by any association. The improvement of such methodology is exceptionally significant in light of the fact that it advances worker enrollment, maintenance, inspiration and great execution because of the arrangement of contributions that an organization makes. Be that as it may, few out of every odd association remunerates its representatives or utilizations pay deliberately. While wages and advantages approaches are utilized without strategical expectations, remunerations rather are planned to improve assurance, decre ase employees’ turnover and help accomplish focuses inside a foundation (Das and Baruah, 2013). Be that as it may, as expressed by Hong, Hao, Kumar, Ramendran and Kadiresan (2012), remuneration isn't one of the fundamental factors that sway the employees’ turnover notwithstanding being a basic factor in decreasing administrative turnover. While deciding the compensable variables, the designers ought to consider such approach decisions as inner arrangement, outside intensity, worker commitments and the administration of the compensation framework. As interior arrangement manages the compensation connections inside the association, it directs the degree of abilities and information that are required, along these lines the remuneration and advantages programs are allowed for the extraordinary arrangement of such aptitudes. As organizations are confronting extreme seriousness, they should offer candidates such pay bundles that

Free Essays on Salem Witch Trials Uncovered

A student of history's undertaking becomes troublesome work when a watched episode comes up short on the coherent circumstances and logical results that regularly anticipates from history. The craft of dismembering an episode, for example, this can take hundreds of years, if not more, to precisely uncover the occurrence utilizing various translations. In Chapter 2 of James West Davidson and Mark Hamilton Lytle's After the Fact, the Salem Witch Trials are dependent upon various understandings, which can both remain all alone, or be interlaced with different translations. Davidson and Lytle allude to two of these understandings as the Visible Salem and Invisible Salem. The Visible Salem alludes to the social, financial, strict, and land dynamic of the town of Salem. The Invisible Salem alludes to the craziness brought about by physical and mental appearances of the impacts of an undetectable world of evil presences, witches, and a Satan who was out to degenerate all. Albeit every clari fication can be seen as a solid translation of the realities, it appears to be increasingly intelligent that fact can be found in both the Visible and Invisible Worlds of Salem. The Invisible Salem appears to serve the contention mounting inside the social, monetary, strict, and topographical Visible Salem. At the point when Salem was settled, few houses were based on a Peninsula that extends into Massachusetts Bay. This comprised Salem Town, which turned into a focal point of business and a clamoring port town that exchanged with England. As time passed it drew an ever increasing number of pilgrims, who had to settle more distant west into an agrarian town. As the town became bigger and bigger, distant territories started to want progression from the town. In After the Fact, this issue is basically come down to cash: Everybody paid duties to help a priest for the town church, to keep up the streets, and to think about poor people. On the off chance that a piece of the town split off, income would be lost (Davidson and Lytle, 38). This caused rising pressures wager... Free Essays on Salem Witch Trials Uncovered Free Essays on Salem Witch Trials Uncovered A student of history's assignment becomes troublesome work when a watched occurrence comes up short on the coherent circumstances and logical results that regularly anticipates from history. The specialty of dismembering an occurrence, for example, this can take hundreds of years, if not more, to precisely uncover the episode utilizing various understandings. In Chapter 2 of James West Davidson and Mark Hamilton Lytle's After the Fact, the Salem Witch Trials are dependent upon different translations, which can both remain all alone, or be interwoven with different understandings. Davidson and Lytle allude to two of these understandings as the Visible Salem and Invisible Salem. The Visible Salem alludes to the social, financial, strict, and geological dynamic of the town of Salem. The Invisible Salem alludes to the agitation brought about by physical and mental appearances of the impacts of an undetectable world of evil presences, witches, and a Satan who was out to degenerate all. Al beit every clarification can be seen as a solid understanding of the realities, it appears to be progressively legitimate that fact can be found in both the Visible and Invisible Worlds of Salem. The Invisible Salem appears to serve the contention mounting inside the social, monetary, strict, and geological Visible Salem. At the point when Salem was settled, few houses were based on a Peninsula that extends into Massachusetts Bay. This established Salem Town, which turned into a focal point of business and a clamoring port town that exchanged with England. As time passed it drew an ever increasing number of pilgrims, who had to settle more remote west into an agrarian town. As the town became bigger and bigger, remote regions started to want progression from the town. In After the Fact, this issue is essentially come down to cash: Everybody paid duties to help a priest for the town church, to keep up the streets, and to think about poor people. In the event that a piece of the town split off, income would be lost (Davidson and Lytle, 38). This caused rising pressures wager...

Five Steps to a Strategic Plan

Five Steps to a Strategic Plan Strategic ?l?nning â€" tw? w?rd? that need n?t strike fear in th? hearts ?f corporate ?x??utiv??.Aft?r all, if you think ?b?ut it, w?’v? ?ll b??n ?tr?t?gi? planners ?in?? childhood â€" ??tting our objectives, th?n figuring ?ut the b??t way t? m?k? th?m h????n. Like the tim? ??u figur?d out that if you w?nt?d Santa Cl?u? t? ??m?, ??u HAD b?tt?r go to b?d fir?t.And wh?n ??u w?r? older ?nd setting ??ur sites on a ????i?l ??ll?g?. You did ??ur r????r?h to und?r?t?nd what th?? w?r? l??king f?r, ??u t??k the right ?l????? ?nd participated in the b??t extra-curricular ??tiviti??; ?ll in ?n ?ff?rt t? ?r???nt yourself ?? th? type ?f ?tud?nt they w?uld ??n?id?r.An ?rg?niz?ti?n that is gr?wing ?nd hopes t? ?u?t?in th?t gr?wth n??d? a set ?f ?tr?t?gi?? t? guid? it? ?r?gr?m development, build a ??lid financial f?und?ti?n, ?nd ?r???r? f?r ?h?ll?ng?? th?t lie ahead. In ?th?r w?rd?, it needs a ?tr?t?gi? ?l?n.Simply ?ut, a ?tr?t?gi? ?l?n is a vision of ??ur ?rg?niz?ti?n? futur? and th? basic steps r??uir?d to ??hi?v? th?t futur?.A g??d ?l?n ?h?uld in?lud? goals ?nd ?bj??tiv??, desired ?ut??m??, m?tri?? f?r measuring ??ur ?r?gr???, tim?lin??, ?nd budg?t?. It used t? b? th?t ?tr?t?gi? ?l?n? would g? out f?r ten years, but ?rg?niz?ti?n? today t??i??ll? look 2-3 ???r? d?wn th? r??d ?nd ??m? indu?tri?? ju?t ?l?n ?v?r? year.D?v?l??ing a ?tr?t?gi? ?l?n i? a multi-?t?? process and ?n? step build? off ?f th? other. To b?gin the ?r????? th? ?rg?niz?ti?n needs t? have a ????i?n f?r wh?t they are d?ing and a ?l??r id?? ?f what th?? want to achieve.Alth?ugh the ultim?t? g??l ?f the strategic ?l?nning ?r????? i? to develop a ?l?n, th? value ?f the ?x?r?i?? ?ft?n li?? in th? process it??lf.Str?t?gi? ?l?nning ?ff?rd? ?t?k?h?ld?r? in an ?rg?niz?ti?n th? opportunity t? l??rn m?r? about th? ?rg?niz?ti?n, t? share their perceptions of its ?tr?ngth? and weaknesses, ?nd t? discuss critical issues affecting, ?r likely t? ?ff??t, th? ?rg?niz?ti?n in th? futur?.The ?r????? ?h?uld be designed t? g?n?r ?t? decisions ?rriv?d ?t b? ??n??n?u?.WHAT IS A STRATEGIC PLAN? A ?tr?t?gi? plan i? a document u??d t? communicate with th? organization th? organizations goals, th? ??ti?n? n??d?d t? ??hi?v? th??? g??l? and ?ll of th? ?th?r ?riti??l ?l?m?nt? d?v?l???d during th? ?l?nning ?x?r?i??.Wh?t i? ?tr?t?gi? planning? Sim?l? ?ut, strategic planning d?t?rmin?? ?x??tl? wh?r? your ?rg?niz?ti?n is g?ing ?v?r th? next f?w ???r? ?nd h?w its g?ing to get there. A ?tr?t?gi? ?l?n i? a ???rdin?t?d ?nd ???t?m?ti? w?? to d?v?l?? a course ?nd dir??ti?n f?r your company.Basically, n?t h?ving a ?tr?t?gi? ?l?n is ?kin t? n?vig?ting unkn?wn t?rrit?r? with?ut a m??. And with?ut a m??, youre l??t in a highl? ??m??titiv? business ?nvir?nm?nt th?t will in?vit?bl? thr?w challenges your way.A rul? ?f thumb i? th?t if th?r?? un??rt?int? on th? h?riz?n, th?n ??u n??d a strategic ?l?n.Wh?t does it g?n?r?ll? in?lud??Y?ur strategic ?l?n ?utlin?? wh?r? ??ur company i? g?ing, ?? that ?v?r?b?d? in your bu?in??? i? w?rking with the ??m? inf?rm?ti?n. Ultim?t?l?, strategic ?l?nning h?l?? t? g?ug? wh?t ??ur ?rg?niz?ti?n i?, ?x??tl? wh?t it d???, and why it d??? it, with a f??u? on ??timizing your futur? ??t?nti?l.Growing a bu?in??? m??n? t?king m?n? d??i?i?n? ?b?ut th? w?? you w?nt t? ?x??nd your operations. Cr??ting a ?tr?t?gi? ?l?n i? a k?? ??m??n?nt ?f planning for gr?wth.It will help ??u prepare a r??li?ti? vision f?r the future ?f ??ur bu?in??? and in d?ing so ??n maximize ??ur bu?in??? potential for gr?wth.A strategic plan ?h?uld n?t b? confused with a bu?in??? ?l?n, whi?h i? a mu?h broader d??um?nt ?nd in?lud?? a ?tr?t?gi? plan, a marketing ?l?n, a fin?n?i?l plan and ?n ???r?ti?n?l plan.In ?th?r words, a bu?in??? plan is mu?h more of ?n ???ir?ti?n?l d??um?nt, covering wh?t ??ur bu?in??? i? about ?nd wh? it h?? value in th? market. Th? strategic ?l?n, in ??ntr??t, contains an action plan with specific ?bj??tiv?? ?nd du? d?t?? ?? well ?? ??tting ?ut wh? is r????n?ibl? f?r wh?t.N?n?th?l???, ??ur ?tr? t?gi? ?l?nning ?nd ??ur bu?in??? planning should b? complementary, but effective ?tr?t?g? d?v?l??m?nt requires ??u to ?hift your f??u? from th? d??-t?-d?? concerns ?f ??ur bu?in??? ?nd t? ??n?id?r ??ur br??d?r ?nd l?ng?r-t?rm ??ti?n?.Your ?tr?t?gi? ?l?nning ?h?uld b? ??rri?d ?ut in a team ?nvir?nm?nt th?t inv?lv?? key players in ??ur bu?in???.Generally, it? h??d?d b? th? president ?f the ??m??n?, wh? g?t? in?ut fr?m employees ?r a specific team. The team id?ntifi?? k?? f??t?r? for th? ?tr?t?gi? ?n?l??i? ?nd participates in th?t diagnosis through, for example, interviews.Th? t??m i? ?l?? inv?lv?d in the f?rmul?ti?n ?f th? ?tr?t?gi? direction and action ?l?n?.Str?t?gi? ?l?n and ?x??uti?n r?l?t?d statistics50% ?f l??d?r? rated implementation ?? equal in im??rt?n?? t? strategy68% b?li?v? their organization is good ?t d?v?l??ing ?tr?t?g?, d?wn from 80% in 201298% ?f l??d?r? think ?tr?t?g? implementation t?k?? more time th?n strategy f?rmul?ti?n61% ?f r????nd?nt? ??kn?wl?dg? th?t th?ir fi rm? often ?truggl? t? bridge th? g?? b?tw??n strategy f?rmul?ti?n ?nd it? d??-t?-d?? implementation80% ?f l??d?r? feel their ??m??n? i? good at crafting ?tr?t?g? but ?nl? 44% ?t it? implementation10% of ?rg?niz?ti?n? ??hi?v? at l???t tw?-third? ?f th?ir strategy objectives, with 36% ??hi?ving b?tw??n 50%-67% ?nd 54% achieving l??? than 50%2% of leaders ?r? ??nfid?nt th?t th?? will ??hi?v? 80-100% ?f their ?tr?t?g?’? ?bj??tiv??In 2002, 90% ?f w?ll-f?rmul?t?d strategies f?il?d du? t? ???r ?x??uti?n. In 2016, thi? numb?r dr????d t? 67%30% ?it? f?ilur? t? ???rdin?t? ??r??? unit? as th? ?ingl? gr??t??t ?h?ll?ng? t? ?x??uting th?ir ??m??n?’? strategy25% ??? measuring im?l?m?nt?ti?n i? the toughest challenge88% ??? ?u?????full? ?x??uting initi?tiv??/?r?j??t? in ?rd?r t? d?liv?r ?tr?t?gi? r??ult? is v?r? im??rt?nt ?r essential for competitiveness46% believe th?ir ?rg?niz?ti?n i? g??d ?t im?l?m?nting strategy33% ?f l??d?r? r?t? their ?rg?niz?ti?n ?? poor ?r v?r? ???r ?t implementing ?tr? t?g?55% say th?ir company is g??d or excellent ?t ?ri?riti?ing ?nd funding th? appropriate initi?tiv??/?r?j??t?4.5% of ?tr?t?g? ??t?nti?l i? lost t? ???r ??ti?n planningTh? Pur???? of Str?t?gi? Pl?nning The purpose ?f strategic ?l?nning i? t? ??t your ?v?r?ll g??l? for ??ur business ?nd t? develop a ?l?n t? ??hi?v? th?m.It inv?lv?? stepping b??k fr?m ??ur d??-t?-d?? operations ?nd asking wh?r? ??ur bu?in??? i? headed ?nd wh?t it? ?ri?riti?? should b?.Wh? ?tr?t?gi? ?l?nning m?tt?r? m?r? t? growing businessesT?king th? decision actively t? grow a bu?in??? means embracing th? ri?k? th?t come with gr?wth. Spending tim? on id?ntif?ing exactly where ??u w?nt t? t?k? ??ur bu?in??? and how ??u will get th?r? ?h?uld help you reduce ?nd manage th??? risks.A? ??ur bu?in??? becomes l?rg?r ?nd m?r? ??m?l?x, so ?tr?t?g? f?rmul?ti?n will need t? b???m? m?r? ???hi?ti??t?d, b?th t? sustain growth ?nd to h?l? ??u mu?t?r th? leadership ?nd r???ur??? ??u need to keep ??ur bu?in??? developing.To do th is, you will ?l?? n??d to start ??ll??ting ?nd ?n?l?zing a wid?r r?ng? ?f inf?rm?ti?n ?b?ut ??ur bu?in??? b?th about how it ???r?t?? internally ?nd ?b?ut h?w conditions ?r? d?v?l??ing in your ?urr?nt ?nd ??t?nti?l m?rk?t?.Th? S???? ?f a Strategic Pl?nTh?r? i? n? ??t blu??rint f?r h?w to ?tru?tur? a strategic plan, but it i? a good ?r??ti?? t? think about the following ?l?m?nt?:Vi?i?n and mission ?t?t?m?nt: a ??n?i?? ?umm?r? ?f where you see ??ur business in fiv? to t?n years tim?.An?l??i? ?f int?rn?l driv?r?: corresponding, for example, to th? ?tr?ngth? ?nd w??kn????? of a SWOT (strengths, w??kn?????, opportunities ?nd thr??t?) analysis.An?l??i? of ?xt?rn?l driv?r?: thi? ?h?uld cover factors such as m?rk?t structure, d?m?nd l?v?l? ?nd ???t pressures, all ?f whi?h correspond t? th? ????rtuniti?? and threats ?l?m?nt? of a SWOT ?n?l??i?.T??-l?v?l g??l? ?nd ?bj??tiv??: th??? ?r? th? m?j?r goals th?t need t? b? achieved in ?rd?r f?r ??ur vi?i?n for th? bu?in??? to be r??li??d. Th??? mig ht in?lud? attracting a new t??? of ?u?t?m?r, d?v?l??ing new ?r?du?t? ?nd ??rvi???, ?r securing n?w sources of finance. It also involves ??tting ?ut th? k?? ??ti?n? (with d??ir?d ?ut??m?? ?nd d??dlin??) th?t will n??d t? b? completed t? ?tt?in ??ur g??l?.Implementation (roll out): ??mmuni??ting th? ?tr?t?gi?? t? ??ur t??m ?nd g?t them ????h?d t? w?rk t?w?rd? ??hi?ving the set g??l?FIVE STEPS TO A STRATEGIC PLAND?v?l??ing a ?tr?t?gi? ?l?n might ???m like ?n ?v?rwh?lming ?r?????, but if ??u break it d?wn, it’? easy t? tackle.H?r?’? a 5 steps process ?n h?w t? get it d?n?:Step 1. Writ? a Vision St?t?m?ntOne ?f th? m??t im??rt?nt ?ff?rt? a n?w business ??n und?rt?k? is d?v?l??ing a ?tr?t?gi? ?l?nning vi?i?n ?t?t?m?nt. An ?rg?niz?ti?n? vi?i?n statement i? a vivid painting ?f ?n ?rg?niz?ti?n ?? it im?l?m?nt? it? strategic plan.Its a w?rd ?i?tur? th?t ?r?vid?? th? ??r??r?t? b?d? ?nd it? l??d?r?hi? with th? im?g? ?f what bu?in??? ?u????? will b? for the ??m??n?. The vi?i?n ?t?t?m?nt off ers ?l??r dir??ti?n r?g?rding how th? ??m??n? will ?r?gr??? t?w?rd th? vi?i?n.Cr??ting th? vision ?t?t?m?nt for ??ur ?rg?niz?ti?n i? trul? th? fun ??rt ?f ?tr?t?gi? planning ?in?? m??t of th? rules ?r? thr?wn out th? window. Origin?ll?, vision ?t?t?m?nt? were written after th? strategic ?l?n h?d b??n im?l?m?nt?d t? describe the id??l ?rg?niz?ti?n ?? ?v?r??n? knew wh?t they were tr?ing t? ??hi?v?.T?d?? th? vision ?t?t?m?nt has t?k?n on m?r? ?f the r?l? as a m?tiv?ti?n?l t??l ?rg?niz?ti?n? u?? to inspire its ?m?l????? to achieve id??li?ti? g??l? th?t for the m??t part ?r? h???l???l? im????ibl? t? ??hi?v?.They ?r? ?im?l? but in??iring ??nt?n??? that ?h?uld say where th? ?rg?niz?ti?n w?nt? to b? in th? futur?, and hopefully provides m?tiv?ti?n for the employees to strive f?r that ideal. Th? ?nl? true rul? in writing th? vi?i?n statement i? to keep it clear ?nd ??n?i??.Look ?t H?bit?t f?r Hum?nit?? vi?i?n ?t?t?m?nt A world wh?r? ?v?r??n? has a decent ?l??? to liv?. It? a gr??t summariza tion ?f the ?rg?niz?ti?n? ?ur???? f?r ?xi?t?n?? and it says th?ir wi?h for th? future. Vi?i?n ?t?t?m?nt? should b? vivid, m?m?r?bl?, ?nd that i? th? r????n f?r k???ing it ?h?rt â€" its easier f?r ????l? t? r?m?mb?r. If they begin t? ramble ?nd g?t ???t eighteen t? tw?nt? w?rd? then th? ?t?t?m?nt i? tr?ing to say t?? much. Th? statement should ?umm?riz? th? ?rg?niz?ti?n? m?in g??l in an ???ir?ti?n?l way.L??k at th? Hum?n Right? C?m??ign? vi?i?n ?t?t?m?nt E?u?lit? for everyone. Th?ir ?t?t?m?nt ???? it ?ll in thr?? w?rd?. A? n?t?d in th? ?x?m?l??, it i? okay t? dr??m big in the ?t?t?m?nt and at the ??m? tim? the ?t?t?m?nt shows th? real r????n b?th of these ?rg?niz?ti?n? w?r? ?r??t?d. So h?v? a brainstorming ????i?n and ??t high ?t?nd?rd? f?r your ?rg?niz?ti?n with a f?r-r???hing vi?i?n ?t?t?m?nt. A? ?r?vi?u?l? ?t?t?d, th? vision statement t?ll? employees wh?r? the ?rg?niz?ti?n i? heading in th? futur?. F?r thi? reason, th? statement i? im??rt?nt f?r guiding employees in th?ir d??i?i? n m?king ?? th? vi?i?n ?t?t?m?nt mu?t align with th? ?rg?niz?ti?n? mi??i?n ?t?t?m?nt ?nd overall business plan.Before writing th? vi?i?n ?t?t?m?nt, it? im??rt?nt t? know wh?r? th? ??m??n? ?t?nd? at th?t m?m?nt â€" h?w it ?t??k? u? against th? competition, th? ?rg?niz?ti?n? overall health, and it? t?l?nt pool.Also kn?w th? ?rg?niz?ti?n? r??li?ti? ?nd planned g??l? f?r th? imm?di?t? future. Thi? will ?n?bl? th? ?t?t?m?nt to outline key ?bj??tiv?? for th? ?m?l????? without ?utlining a h?w t? m?ntr? ?v?r??n? must f?ll?w.Thi? fr??? u? v?ri?u? departments within th? organization t? writ? th?ir own ?l?n th?t fit? their ????ifi? r?l? t? m??t the g??l ??t forth in th? vision statement.Here ?r? a f?w ?im?l? tips t? ???l? wh?n writing your vision ?t?t?m?nt:Outline goals 5, 10 ?r ?v?n 20 ???r? in th? futureU?? w?rd? th?t ?v?k? emotion ?nd actionAv?id w?rd? ?nd phrases th?t d? n?t ?h?w definite ??ti?n â€" hope t?, might, w?uld lik? t?…Use present t?n?? â€" ?v?id ???t t?n?? or futur? tenses â€" thi? i? for the here ?nd now t? guide into the future.Step 2. Writ? a Mi??i?n StatementTh? mi??i?n ?t?t?m?nt is not a ?tr?t?gi? objective, but rather th? b??i? ?n which th? strategic objectives ?nd strategic ?l?n ?r? developed. A mi??i?n ?t?t?m?nt should serve as the foundation ?f ??ur companys ?tr?t?gi? goals. Mi??i?n statement â€" thi? part ?f your ?tr?t?gi? ?l?n is your core ?ur????, th? underlying “why” you are climbing the mountain, wh? ??u ?r? in business.A mission ?t?t?m?nt is a declaration ?f your ?rg?niz?ti?n’? purpose and spotlights th? business ??u ?r? presently in ?nd th? ?u?t?m?r/??n?titu?nt n??d? you ?r? presently endeavoring t? meet. B? itself, h?w?v?r, the ?t?t?m?nt is ju?t w?rd? ?n a sign in your companys l?bb?.T? m?k? that mission ?t?t?m?nt a reality, ??ur bu?in??? n??d? a ?tr?t?gi? ?l?n th?t’? f??u??d on developing a path toward ???ing that vision ?u????d in th? m?rk?t?l???.To build a ??lid f?und?ti?n for a successful ?rg?niz?ti?n, it i? ????nti?l to h?v? a writt?n, ?l??r, ??n?i?? ?nd ??n?i?t?nt mi??i?n statement that ?im?l? explains wh? ??u ?r? ?nd wh? ??u ?xi?t. Keep it ?h?rt â€" P?t?r Dru?k?r w?uld say your mi??i?n should fit on a t-?hirt.N?t ?v?r??n? ?gr??? with th? value ?f a mission ?t?t?m?nt. And m?n? companies d? w?ll enough with?ut one. H?w?v?r, we b?li?v? th?t ?r??ting a mission ?t?t?m?nt is im??rt?nt f?r ?t?rtu??.A w?ll-f?rmul?t?d mi??i?n ?t?t?m?nt ??n form th? nucleus of th? ?t?rtu? by id?ntif?ing what unit?? th? stakeholders (customers, shareholders and ?m?l?????). Y?ur mi??i?n ?t?t?m?nt ?h?uld serve ?? a guid? for day-to-day ???r?ti?n? ?nd as th? f?und?ti?n f?r futur? decision-making.F?r ?x?m?l?, a mi??i?n ?t?t?m?nt for a ?m?ll business that sells h?m?m?d? ?r???r?d f??d to local ?h??? might be, “Thi? business offers all-natural, handmade ??u??g??, ??l?mi? ?nd other m??t ?r?du?t? f?r customers in th? tri-state ?r??. W? ??rv? l???l ?t?r?? ?nd r??t?ur?nt? and distribute dir??tl? t? ?u?t?m?r? via food tru?k?. W? ?r? a re sponsible member ?f the ??mmunit?, giving b??k t? l???l ??u??? and never forgetting th?t ?ur success i? built on giving our neighbors gr??t f??d, w?ll-m?d? ?nd ?t affordable ?ri???.”Aft?r th? mi??i?n statement i? in ?l???, th? strategic ?l?n helps put it int? action.Saying we int?nd t? serve l???l stores and r??t?ur?nt?,” f?r ?x?m?l?, doesn’t ?x?l?in h?w that’s going t? happen, wh?t r???ur??? are g?ing t? b? ?ll???t?d or h?w ?u????? i? going t? b? m???ur?d.Th?t ???r???h b???m?? ??rt of the strategic ?l?n. Linking th? ?tr?t?gi? ?l?n back t? the mi??i?n ?t?t?m?nt can h?l? k??? a business fr?m drifting ?ff course.Keep th??? guid?lin?? in mind wh?n writing ?r ?v?lu?ting ??ur?:F??u??? ?n satisfying customer/constituent n??d?: Mi??i?n ?t?t?m?nt? explain the overarching outcomes ??ur organization i? working t? ??hi?v?. It ?h?uld put th? focus of th? ?rg?niz?ti?n ?n ??ti?f?ing ?u?t?m?r/??n?titu?nt needs rather th?n ?n a ?r?gr?m ?r ??rvi??. It t?ll? “who” your ?u?t?m?r/??n?titu?n t? are, “wh?t” n??d? your organization wi?h?? t? satisfy ?nd “h?w” these n??d? ?r? ??ti?fi?d.B???d ?n ??ur ??r? ??m??t?n?i??: Your ?rg?niz?ti?n ?h?uld base its mi??i?n ?n a ??m??titiv?l? ?u??ri?r int?rn?l strength, uni?u? ????bilit? ?r r???ur?? that the ?rg?niz?ti?n performs w?ll in ??m??ri??n to ?imil?r ?rg?niz?ti?n?.M?tiv?t?? and in??ir?? ?t?k?h?ld?r ??mmitm?nt: Y?ur mission ?t?t?m?nt should b? m?tiv?ting. Y?ur ?t?k?h?ld?r? need t? f??l th?t th?ir work i? ?ignifi??nt ?nd th?t it contributes t? people’s liv??.Inclusive: Whil? mi??i?n ?t?t?m?nt? d? m?k? ?t?t?m?nt? about your groups ?v?r?r?hing g??l?, it? very im??rt?nt th?t they d? ?? v?r? broadly. G??d mi??i?n statements ?r? n?t limiting in th? ?tr?t?gi?? ?r ???t?r? ?f th? community that m?? b???m? involved in th? project.R??li?ti?: Y?ur mi??i?n ?t?t?m?nt ?h?uld b? r??li?ti?. Y?u should avoid making th? mi??i?n t?? narrow ?r too br??d.S???ifi?, short, ?h?r?l? focused ?nd memorable: It ?h?uld be a precise statement ?f ?ur? ??? that describes th? essence ?f th? ?rg?niz?ti?n in w?rd? your constituents ?nd stakeholders ??n r?m?mb?r you b?. It ?h?uld “fit ?n a T-?hirt.” “T? ??rv? the most vulnerable.” (Int?rn?ti?n?l R?d Cr???)Clear ?nd ???il? understood: D?v?l?? ?nd writ? your mi??i?n statement ?n a “party l?v?l” (i.e. simple and clearly) ?? that you can quickly and bri?fl? t?ll ????l? ??u meet ?t a ??rt? ?r on airplanes wh? your ?rg?niz?ti?n exists. At th? same tim? it n??d? to giv? your t??m a ?r?f?undl? ?im?l? f??u? f?r ?v?r?thing it does as an ?rg?niz?ti?n.Th? following mi??i?n ?t?t?m?nt? ?r? ?x?m?l?? th?t m??t the above ?rit?ri?:To ?r?m?t? ?hild h??lth ?nd d?v?l??m?nt through a comprehensive f?mil? and community initi?tiv?.To ?r??t? a thriving Afri??n Am?ri??n ??mmunit? through d?v?l??m?nt ?f j?b?, ?du??ti?n, h?u?ing, ?nd ?ultur?l pride.T? develop a safe ?nd h??lth? n?ighb?rh??d thr?ugh collaborative ?l?nning, ??mmunit? ??ti?n, and ??li?? ?dv?????.Step 3. Id?ntif? your ?urr?nt and future market position (Perform a SWOT ?n?l??i?)A SWOT ?n?l??i? is ?n int?gr?l ??rt of a ??m??n?? ?tr?t?gi? ?l?nning process b???u?? it provides a g??d all-around vi?w ?f the ??m??n?? ?urr?nt and f?rw?rd-l??king ?itu?ti?n.In ?rd?r t? d?vi?? ?n ?ff??tiv? ?tr?t?g?, ?rg?ni??ti?n? need t? understand th?ir ?wn situation ?nd th? w?rld ?r?und th?m through an objective analysis ?r ‘r??lit? ?h??k’. This inv?lv?? ?n Internal Analysis ?f th? organisation and ?n Ext?rn?l An?l??i? of th? world in whi?h it ???r?t??.A SWOT An?l??i? i? the ??mbin?ti?n ?f th? Internal Analysis and Ext?rn?l An?l??i? whi?h identifies Strengths, W??kn?????, Opportunities and Thr??t? (i? S.W.O.T) f?r ?n? ??rti?ul?r ?rg?ni??ti?n or bu?in???.Th? ?tr?ngth? (S) and w??kn????? (W) ???ti?n? ?r?vid? a l??k ?t th? ??m??n?? ?urr?nt position. Th? opportunities (O) and thr??t? (T) ???ti?n? h?l? the ??m??n? ?r?j??t ????ibiliti?? ?nd ?h?ll?ng?? going f?rw?rd. E??h of th??? f?ur ???ti?n? h?? ????ifi? advantages t? th? ?v?r?ll analysis.S trengthsMake a li?t ?f your ??m??n?’? int?rn?l strengths. These are ?n? ??m??titiv? advantage, ?kill, ?r?fi?i?n??, experience, t?l?nt ?r ?th?r internal f??t?r th?t im?r?v?? ??ur ??m??n?’? ???iti?n in th? m?rk?t?l??? ?nd ??nt b? ???il? copied.Ex?m?l?? include ??lid fin?n?ing, a ?u??ri?r br?nd, v?lu?bl? intellectual ?r???rt?, ?u??ri?r technology, m?d?rn equipment and/or machinery, a w?ll-tr?in?d ??l?? team, l?w ?t?ff turn?v?r, m?n?g?m?nt ?x??rti??, ???r?ti?n?l efficiency, high ?u?t?m?r r?t?nti?n, good ?u??li?r r?l?ti?n?hi??, ?t?.Th? strengths section allows the ??m??n? t? ??n?id?r it? competitive advantages in th? m?rk?t?l???. Th??? ?dv?nt?g?? ?r? typically a f???l ??int ?f th? ??m??n?? operation and ?tr?t?gi? ?l?nning. Th?? also ?ft?n ??in?id? with th? w?? the company m?rk?t?.For in?t?n??, ??m??ni?? th?t h?v? strengths r?l?t?d t? manufacturing ?nd production quality often promote th?m??lv?? as high-?u?lit? br?nd?.C?m??ni?? th?t h?v? very efficient di?tributi?n systems ?nd good b? rg?ining ??w?r with ?u??li?r? ?? strengths can often l?v?r?g? th??? t? ?r?vid? l?w costs t? bu??r?.H?w t? d?fin? your ??m??n?’? strengthsBefore you start listing ??ur ?tr?ngth?, l?t’? define th? ??r?m?t?r? a bit. Str?ngth? ?r? ???itiv? internal f??t?r? th?t are within your ??ntr?l. Think ?f the experience and resources th?t are available to ??ur business. B?l?w are a few ??t?g?ri?? t? think ?b?utYou’re l??king f?r ?tr?ngth? h?r?, so if ??u ?nd u? with a n?g?tiv? r????n??, h?ng ?n to it until tomorrow wh?n ??u go ?v?r your ??m??n?’? w??kn?????. Y?u can ask th? following ?u??ti?n? f?r quicker r??ult?.You ?r? not limit?d to these questions th?ugh, as ??m? ?f them may not ???l? t? ??ur bu?in???. In that ????, ?ki? th? ?u??ti?n and move ?n, ?r modify it so it d??? ???l?.G?n?r?l Qu??ti?n?:Wh?t d? you d? w?ll?Wh?t d? ??u d? th?t ??ur competition ??n’t?Wh? d? ?u?t?m?r? ??m? t? you?Financial r???ur???: Think of r?v?nu? ?tr??m?, inv??tm?nt?, div?r?ifi?d income, ?nd grants.What kind ?f financial r???ur??? d? you have?Wh?t kind inv??tm?nt? do ??u h?v? f?r the futur??Physical it?m?: Think of building? ?nd equipment.Wh?t kind ?f assets do you h?v??What kind ?f equipment d? you own?Intellectual ?r???rt?: Think ?f ??t?nt?, ????right?, ?nd trademarks.Wh?t kind ?f int?ll??tu?l ?r???rt? do ??u have in ??ur business? Li?t trademarks, patents, ?t?.Hum?n r???ur???. Think ?f ??ur ?m?l?????, v?lunt??r?, mentors, and so on.K?? ?l???r?: Think of vit?l ??r??nn?l to your bu?in???.Employee programs: Think ?f ?n? programs th?t h?l? ??ur ?m?l????? ?x??l.Wh?t kind ?f ?r?gr?m? do you h?v? that im?r?v? ??ur bu?in??? and employees?C?m??n? w?rkfl?w: Think of ??ur w?rk ?r??ti??? ?nd how thing? g?t done.Wh?t kind ?f ?r??????? do you h?v? in place th?t makes ??ur company efficient?Company ?ultur?: Think ?f th? ?nvir?nm?nt th?t ??ur company has ?r??t?d.Wh?t kind of w?rking ?ultur? h?? your ??m??n? ?r??t?d in th? w?rk?l????C?m??n? r??ut?ti?n: Think of h?w ??ur business h?? grown its r??ut?t i?n.H?w d??? your ?li?nt?l? or ??mmunit? vi?w ??ur company?H?w did ??u ??hi?v? ??ur reputation?Market ???iti?n: Think ?f h?w ??ur bu?in??? i? ??i??d in th? m?rk?t?l???.Gr?wth potential: Think of how your business i? ???iti?n?d f?r future gr?wth.Wh?t ?l?n? d? ??u h?v? in place to im?r?v? ??ur market ???iti?n?D? you have potential t? grow in ??rt?in ???t?r? wh?r? ??ur ??m??tit?r? d?n’t?Wh?t’? th? m?in r????n ??u’r? able t? grow?Tips t? list your ??m??n?’? ?tr?ngth?B? truthful: It ?r?b?bl? g??? with?ut ???ing, but if you’re n?t truthful during this process, th? ?ntir? ?n?l??i? w?n’t b? ?ff??tiv?.All?w for f??db??k: A? ??u’r? brainstorming ?tr?ngth?, make ?ur? ??ur ?m?l????? are ??mf?rt?bl? ?ff?ring th?ir f??db??k. Y?u may n?t agree ?n ??m? ?tr?ngth?, but it’? best to talk th?m thr?ugh.Stay focused: You w?nt t? h??r m?n? vi?w??int?, but when you g?t ??v?r?l ????l? in a r??m, time ??n get away fr?m you. K??? th? gr?u? ?n t??k.K??? ??ur li?t of ?tr?ngth? h?nd?: K??? ??ur l i?t in ?n ??????ibl? spot. Y?u’ll analyze ?ll ?f the d?t? that you ??ll??t ?v?r th? n?xt few d??? at th? end ?f the w??k.W??kn?????These ?r? the factors that r?du?? your company’s ability t? ??hi?v? it? objectives. Examples in?lud? unr?li?bl? ?u??li?r?, ?utd?t?d equipment ?nd/?r m??hin?r?, in?uffi?i?nt m?rk?ting efforts, l??k of fin?n?ing, m?n?g?m?nt w??kn?????, g??? in ?x??rti??, ?t?.B? ?? h?n??t ?? you ??n wh?n id?ntif?ing th??? deficiencies. Ign?ring w??kn????? means ??u can’t m?k? d??i?i?n? th?t will ?tr?ngth?n your ??m??n?.It may seem ??unt?rintuitiv? that a ??m??n? w?uld ??? advantages in ??????ing it? w??kn?????, but understanding them m?k?? th?m ???i?r to d??l with. G?n?r?ll?, companies h?v? two ???r???h?? t? d??ling with w??kn?????.Th?? can either seek to improve them if th??? w??kn????? r??tri?t the ??m??n? fr?m im?l?m?nting its ?tr?t?gi?? t? achieve ?bj??tiv??.Or, th?? r??liz? th?t their w??kn????? ?r? simply a part of the ?v?r?ll bu?in??? ???r???h and ??m??n? l??d? r? tr? t? d?wn?l?? those w??kn????? in m?rk?ting th?ir br?nd.H?w to d?fin? ??ur company’s w??kn?????Ev?r? ?wn?r wants t? b?li?v? his ?r h?r bu?in??? is running ?m??thl?, ?? this piece of th? report might n?t be ??ur f?v?rit?. However, it’? vit?l information. Y?u need t? truthfully ?????? the w??kn????? within ??ur bu?in??? f?r thi? ?n?l??i? to be ?ff??tiv?.S?, in your br?in?t?rming ????i?n, whi?h should in?lud? a v?ri?t? ?f ?m?l?????, ??u’r? going t? think ?f w??kn????? th?t fit within th? ??t?g?ri?? b?l?w ?nd ??u ??n ask the following questions f?r quicker results. Y?u ?r? n?t limited to th??? questions th?ugh, as some ?f th?m may n?t apply t? ??ur bu?in???. In th?t case, skip th? ?u??ti?n ?nd move ?n, ?r modify it ?? it d??? apply.Th? ??t?g?ri?? wh?r? you might find weaknesses in?lud?:General Qu??ti?n?:In wh?t areas d??? ??ur ??m??n? ?truggl??Are th?r? r????n? that ?u?t?m?r? select competitors over ??u?Does something specific ?t?? you fr?m ??rf?rming ?t your best?Fin?n?i?l r ???ur???: This in?lud?? r?v?nu? streams, inv??tm?nt?, div?r?ifi?d income, ?nd grants.D??? ??ur bu?in??? g?t it? r?v?nu? fr?m ?n? main stream? If ??, i? diversification a ??n??rn?Ar? ??u ?r???ring f?r your fin?n?i?l future?Physical items: Consider building? and ??ui?m?nt th?t ??u r?nt or ?wn.Ar? ?n? ?f your ?h??i??l ????t? ?r??ting a ?r?bl?m?Wh?t condition i? ??ur ?ffi?? in?What ??nditi?n i? ??ur ??ui?m?nt in?Int?ll??tu?l property: P?t?nt?, ????right?, ?nd tr?d?m?rk? fall into this ?r??.Ar? ?n? of your patents, tr?d?m?rk?, ?r copyrights in j????rd??I? th?r? ?n? g?v?rnm?nt red t??? th?t’? keeping a ??t?nt fr?m moving f?rw?rd?Hum?n r???ur???: Think of ??ur employees, v?lunt??r?, and m?nt?r?.Are th?r? ?n? d???rtm?nt? th?t are l??king or in?ffi?i?nt?Ar? ?m?l???? ?r?gr?m? in ?l??? to im?r?v? your bu?in???? If so, ?r? they w?rking?K?? players: Think ?f vit?l ??r??nn?l t? ??ur bu?in???.Em?l???? programs: Think ?f ?n? ?r?gr?m? th?t h?l? ??ur ?m?l????? excel.C?m??n? workflow: Thi? in?lud?? b??t work practices.What ?r??? ??uld be im?r?v?d u??n wh?n it comes to w?rkfl?w?C?m??n? ?ultur?: This is th? environment that ??ur employees w?rk in.Ar? you happy with th? company ?ultur? th?t ??u’v? ?r??t?d? If not, wh??C?m??n? r??ut?ti?n: Think ?f h?w your bu?in??? h?? gr?wn it? r??ut?ti?n.H?w d??? th? public see ??ur ??m??n?? Are ??u h???? with th?t image?Market ???iti?n: You’ll ??n?id?r h?w ??ur bu?in??? fits in th? ?v?r?ll m?rk?t.Wh?t kind ?f ???iti?n does your bu?in??? h?ld in th? m?rk?t?l????Gr?wth potential: Think ?f h?w ??ur bu?in??? i? positioned for futur? growth.Ar? ??ur competitors growing in w??? th?t you ??n’t?What k???? ??ur bu?in??? fr?m gr?wing?Tips t? list ??ur ??m??n?’? w??kn?????B? ???n-mind?d: A? ??ur ?m?l????? ?ugg??t w??kn?????, r?m?in ???n-mind?d. It’? likely th?t ?n employee will bring u? a w??kn??? that ??u hadn’t thought of, ?r di??gr?? with. Wh?n it happens, d?n’t b? judgm?nt?l.B? ?riti??l ?f ??ur business: N?w isn’t the tim? for r???-??l ?r?d gl?????, n?w is th? time for ?ur? h?n??t?. B? ?r???r?d t? l??k ?t your business in?id? ?nd out ?riti??ll?.Remember, ?v?r? business has w??kn?????: When ??u’r? fini?h?d t?lking about the negative ?????t? of your business, you might f??l a bit d?fl?t?d. Remember, every bu?in??? has weaknesses. Today i? ju?t part ?f a larger process th?t will h?l? ??u b?tt?r access your business.Keep ??ur li?t ?f w??kn????? h?nd?: K??? ??ur list in an ??????ibl? ???t. Y?u’ll ?n?l?z? all ?f th? data th?t you ??ll??t over the n?xt few d??? at th? end ?f th? w??k.O???rtuniti??Opportunities are ?xt?rn?l f??t?r? th?t ?ll?w ??ur bu?in??? t? gr?w ?nd be more profitable. Ex?m?l?? w?uld in?lud? n?w ??t?nti?l markets; inn?v?ti?n?; t??hn?l?gi??l ?dv?n???; ??n?um?r tr?nd?; ?u???rt fr?m g?v?rnm?nt?, th? community ?r bu?in??? partners; etc.On? w?? to id?ntif? ??ur opportunities i? to closely ?n?l?z? your ??m??tit?r?’ w??kn?????.Th? ????rtuniti?? ???ti?n is ?riti??l t? d?v?l??m?nt of company ?tr?t?gi?? ?? it h?l?? th? ??m??n? identify w??? to improve ?nd gr?w.C?n?t?ntl? r?vi?wing m?rk?t ????rtuniti?? h?l?? companies t?k? ?dv?nt?g? ?f emerging m?rk?t? or changes in the m?rk?t?l??? th?t th? company h?? strengths t? match.These ?r? significant ?dv?nt?g?? ?v?r ??m??ni?? th?t f?il to routinely ?????? ????rtuniti?? and miss ?ut on th? ?bilit? to gain new bu?in???, market ?h?r? ?nd ?????? to capital.H?w t? d?fin? ??ur company’s ????rtuniti??O???rtuniti?? ?r? factors th?t can ??ntribut? t? ??ur growing ?u?????. These f??t?r? ?r? t??i??ll? ?ut?id? of your ??ntr?l, whi?h i? why they ?r? ??n?id?r?d ?? ?xt?rn?l factors.H?r? ?r? a f?w ??t?g?ri?? t? consider wh?n looking for business ????rtuniti?? ?nd related questions:Economic tr?nd?: Look at the economy in ??ur ?r??.Is the ???n?m? in your ?r?? l??king u??Will th? economy enable your ?udi?n?? to m?k? more ?ur?h?????Ar? ???n?mi? ?hift? h????ning th?t im???t ??ur t?rg?t ?udi?n???M?rk?t tr?nd?: Your t?rg?t market ??uld be driving new trends th?t ? ?uld ???n doors f?r ??ur bu?in???.H?w is your m?rk?t changing?What n?w tr?nd? could your company t?k? ?dv?nt?g? ?f?Funding ?h?ng??: Think of donations, grants, ?r ?th?r sifting r?v?nu? ?tr??m? th?t aren’t within your ??ntr?l.Do ??u ?x???t an increase in gr?nt funding ?r d?n?ti?n? thi? ???r?H?w will funding ?h?ng?? h?l? ??ur bu?in????P?liti??l support: Consider changes in ??liti??l ti??.G?v?rnm?nt r?gul?ti?n?: Think ?f regulations th?t ?r? ?h?nging th?t might ?ff?rd you new ????rtuniti??.Ar? ?n? r?gul?ti?n? shifting that ??uld l??d t? a ???itiv? ?h?ng??Ch?nging r?l?ti?n?hi??: Consider shifting r?l?ti?n?hi?? with v?nd?r?, ??rtn?r?, ?r suppliers.Ar? th?r? ???itiv? changes happening within ?n? of your outside business r?l?ti?n?hi???Ar? v?nd?r? ?h?nging or ?x??nding?Target audience shift: Your t?rg?t m?rk?t might b? ?x??nding, ?ging, ?r ?hifting.H?w i? ??ur d?m?gr??hi? shifting?What opportunities can ??u think ?f that ??n m?v? with th??? changing d?m?gr??hi???I? your ?udi?n?? ?x??nding ? If ??, how can ??u ???it?liz? ?n thi? in?r?????Ti?? to li?t your ????rtuniti??D? ??ur r????r?h: Finding ?n?w?r? to some ?f these ?u??ti?n? might r??uir? some digging. D?n’t b? ?fr?id t? make ??m? ??ll?, set u? m??ting?, and d? ??m? m?rk?t research t? g?ug? u???ming ?h?ng??.Be creative: T? find ?n ????rtunit? wh?r? ??ur ??m??tit?r? ??nn?t win will t?k? ?kill ?nd creativity. D?n’t be ?fr?id t? think outside th? b?x when ??u’r? li?ting ????ibl? ????rtuniti??.K??? ??ur li?t ?f opportunities handyThr??t?Threats ?r? external obstacles ??ur business mu?t overcome. Thr??t? m?? include a declining ???n?m?, a ??n?um?r ?hift t? ?th?r ?r?du?t?, technological ?h?ng?, a l?b?ur ?h?rt?g?, ??mmunit? ?????iti?n, l?g?l ?r r?gul?t?r? ?h?ng??, etc.It’s often u??ful to t?k? a close look ?t your ??m??tit?r?’ ?tr?ngth? to identify external thr??t? t? your ??m??n?. Ag?in, be ?? honest ?? possible.An?l?zing threats t? ??ur bu?in??? i? n?t a fun part ?f a SWOT analysis, but it helps th? ??m??n? in sulate itself ?? w?ll as ????ibl? fr?m ?xt?rn?l threats.The ?nvir?nm?nt, regulations, technology ?nd trends ?r? ?m?ng ????ibl? f??t?r? that ??n thr??t?n th? vi?bilit? ?nd ongoing ?u????? ?f a bu?in???.B? assessing these ri?k? ?nd ?h?ll?ng??, ??m??n? l??d?r? ??n b?tt?r ?r???r? th?m ?r d??id? h?w t? respond from a ?tr?t?gi? ?t?nd??int.H?w to d?fin? ??ur ??m??n?’? threatsYou m?? b? thinking, if thr??t? ?r? ?ut?id? of m? ??ntr?l, wh? should I ???nd time identifying them?B? kn?wing ??ur threats, ??u might b? ?bl? t? find a ?tr?t?g? t? minimiz? th?m, or ?t least, come u? with a plan t? h?ndl? them in a w?? that w?n’t ?hut d?wn ??ur business. Id?ntif?ing threats i? all about being prepared ?nd t?king ?r???tiv? ?t??? t? minimiz? th? hurt.You ??n u?? these categories to br?in?t?rm ????ibl? thr??t? t? ??ur bu?in???:E??n?mi? trends: Ex?min? th? ???n?mi? ??nditi?n? that impact ??ur bu?in???.Is th? economy in ??ur ?r?? in a recession?Will th? ???n?m? n?g?tiv?l? im???t ??ur customers’ abili ty to make ?ur?h?????M?rk?t tr?nd?: Think ?b?ut changing or shrinking m?rk?t tr?nd?.H?w is ??ur m?rk?t ?h?nging?What n?w tr?nd? ??uld hurt your ??m??n??I? there more ??m??titi?n in your m?rk?t th?t’? pushing ??u ?ut?Funding ?h?ng??: Think ?f d?n?ti?n?, gr?nt?, or ?th?r shifting revenue ?tr??m?, those are not within ??ur ??ntr?l.D? ??u expect a d??r???? in grant funding ?r d?n?ti?n? thi? year?Will funding ?h?ng?? hurt ??ur business? If ??, h?w?P?liti??l ?u???rt: If ??liti??l ?u???rt i? ?hifting, you’ll want to analyze it? im???t.Do you anticipate a ?hift in ??liti??l ?u???rt thi? year?I? th?r? r????n t? b? ??n??rn?d ?v?r ??liti??l shifts?Wh?t d??? your bu?in??? ?t?nd t? lose because of ??liti??l ?h?ng???Government r?gul?ti?n?: Think ?f r?gul?ti?n? that ?r? ?h?nging that might hurt your bu?in???.Ch?nging relationships: C?n?id?r ?hifting relationships with vendors, ??rtn?r?, ?r ?u??li?r?.I? th?r? ?n? turm?il with partners ?r v?nd?r??Target ?udi?n?? ?hift: Your target m?rk?t might b e shrinking, ?ging, or ?hifting.How i? ??ur d?m?gr??hi? shifting?Wh?t thr??t? accompany th??? changing demographics?Ti?? to find thr??t?Do m?rk?t r????r?h: A? you’re looking int? ????ibl? thr??t?, ??u’ll w?nt to ??ndu?t m?rk?t research t? see h?w ??ur t?rg?t audience i? ?hifting.Li?t ?v?r? threat ??u ??n think ?f: If ??u think ?f a thr??t, li?t it. Ev?n if that threat h?? ??n???u?n??? that won’t b? felt imm?di?t?l?, it’s still better to h?v? it ?n ??ur radar.Thr??t? exists, don’t panic: Li?ting thr??t? m?? cause ??m? ?nxi?t?, but r?m?mb?r that all bu?in????? h?v? thr??t?. It’? b?tt?r to kn?w about thr??t? than it is to turn a blind ??? to them.A li?t ?f ?tr?ngth?, w??kn?????, opportunities, ?nd thr??t? makes for a handy bu?in??? guide, but you’ll want to take this ?x?r?i?? ?n? ?t?? furth?r to create ?tr?t?gi?? ?nd ?l?n? t? im?r?v? ??ur business b? ??mbining inf?rm?ti?n fr?m different ?????t? ?f th? SWOT r??ult. H?r?’? h?wStr?ngth?â€"O???rtuniti??: Use ??ur internal ? tr?ngth? t? take ?dv?nt?g? of ????rtuniti??.Strengths-Threats: U?? ??ur strengths t? minimiz? thr??t?.W??kn?????-O???rtuniti??: Im?r?v? weaknesses b? t?king advantage ?f opportunities.W??kn?????-Thr??t?: W?rk to ?limin?t? w??kn????? t? ?v?id thr??t?.With this, ??u’ll h?v? an insightful l??k at your bu?in??? that’s ????m??ni?d b? a li?t of strategies that you ??n im?l?m?nt t? b?tt?r ??ur bu?in???.Step 4. D?fin? wh?t ??u mu?t achieve (??t SMART g??l ?nd objectives)In th? ?tr?t?gi? planning ??nt?xt a g??l i? a ?l??? wh?r? th? organisation wants t? b?, in ?th?r w?rd? a d??tin?ti?n. F?r example, a g??l f?r a ???rting ?rg?ni??ti?n might b? to h?v? 50 ?u?lifi?d and active ????h??. An ?rg?ni??ti?n m?? ??t several g??l? that will ?utlin? a path to ??hi?ving th? vi?i?n.Th? goal ?f attaining 50 ?u?lifi?d and ??tiv? ????h?? will be an im??rt?nt ?t?? in achieving th? vi?i?n of b???ming m??t dynamic, m??t respected ?nd b??t ??hi?v?d club in th? district l??gu?.Simply put, a goal i? a specific target, ?n end r??ult ?r ??m?thing t? b? d??ir?d. It is a m?j?r ?t?? in ??hi?ving the vi?i?n of th? ?rg?ni??ti?n.On the ?th?r h?nd, ?bj??tiv? is a m???ur? ?f change in ?rd?r t? bring ?b?ut th? achievement ?f th? g??l. Th? ?tt?inm?nt of each goal may r??uir? a numb?r of ?bj??tiv?? t? b? r???h?d.Th?r? is often mu?h confusion b?tw??n g??l? and ?bj??tiv??.Wh?r??? ?? a goal is a d???ri?ti?n ?f a destination, ?n ?bj??tiv? i? a measure of th? ?r?gr??? th?t is needed to get t? th? d??tin?ti?n.GoalsB?f?r? you ?v?n b?gin to writ? d?wn ??ur g??l?, you n??d to kn?w what areas ??ur bu?in??? n??d? t? im?r?v? in, or ??uld im?r?v? in which i? wh? th? SWOT ?n?l??i? is im??rt?nt in ?tr?t?gi? plans.Setting SMART (specific, measureable, ??hi?v?bl?, r?l?v?nt ?nd tim?l?) goals ??n h?l? ??u ?v?lu?t? th? g??l? ??u wish to set. Think ?b?ut whether they ?r? r??li?ti?. Y?u should writ? d?wn your goals in ??ur strategic ?l?n t? h?l? k??? you on tr??k to achieve th?m.H?r? ?r? a few thing? to consider when sett ing ??ur g??l?:Specific: be ?l??r about what ??u w?nt t? achieveMeasurable: m?k? sure th? g??l ??n b? m???ur?d, and you can recognise if ??u’v? achieved ??ur g??lAchievable: ?h??k that ??ur g??l i? something ??u have the time, money ?nd resources to m??tR?l?v?nt: ?n?ur? your goal is r?l?v?nt t? th? direction ??u w?nt your business t? h??d in, f?r ?x?m?l?, increasing ?r?fit, employing m?r? ?t?ff, in?r???ing brand ?w?r?n???Tim?l?: ??t a r??li?ti? d??dlin? f?r completing th? goal.Ex?m?l? of a SMART g??lOv?r?ll g??l: I w?nt t? gr?w m? g?rd?ning bu?in???.S???ifi?: I will g?in f?ur n?w ?li?nt? f?r m? bu?in???.Measurable: I will m???ur? m? progress b? keeping track of h?w many n?w clients I g?in whil? maintaining m? ?urr?nt ?li?nt b???.Achievable: I will gain four n?w ?li?nt? as I currently have f?ur ?v?il?bl? ?????? in my fortnightly ?li?nt ??h?duling diary.R?l?v?nt: Adding ?li?nt? t? m? customer b??? will ?ll?w me t? gr?w m? bu?in??? and in?r???? my in??m?.Timely: I will h?v? f?ur n?w ?li?nt? within three m?nth?.SMART Goal: I will g?in four new ?li?nt? f?r m? g?rd?ning bu?in??? within a thr?? m?nth period filling m? ?urr?nt available diary ?l????. This will ?ll?w me to gr?w my business ?nd increase m? r?v?nu?.Obj??tiv??Obj??tiv?? are developed in ?rd?r to ??hi?v? th? ??m??n?’? g??l?. An ?rg?niz?ti?n? objectives ?ff?r ????ifi?? ?f h?w mu?h of wh?t will b? ????m?li?h?d b? wh?n.For ?x?m?l?, ?n? of several ?bj??tiv?? for a community initi?tiv? to ?r?m?t? ??r? ?nd ??ring f?r ?ld?r ?dult? might b?: By 2020 (b? wh?n), to in?r???? by 20% (how mu?h) those ?ld?r? r???rting that th?? ?r? in d?il? ??nt??t with ??m??n? who cares ?b?ut th?m (?f wh?t).The best objectives have ??v?r?l ?h?r??t?ri?ti?? in ??mm?n. They are ?ll S.M.A.R.T. +C.:They are ????ifi?: That i?, th?? tell h?w much (?.g., 40%) ?f wh?t i? t? b? achieved (e.g., wh?t behavior of wh?m ?r wh?t outcome) by wh?n (?.g., b? 2020)?They ?r? m???ur?bl?: Inf?rm?ti?n ??n??rning th? ?bj??tiv? ??n be ??ll??t?d, d?t??t?d, ? r ?bt?in?d fr?m r???rd? (?t l???t ??t?nti?ll?).Th?? ?r? achievable: N?t ?nl? ?r? th? objectives th?m??lv?? ????ibl?, it i? lik?l? that ??ur organization will b? ?bl? to ?ull th?m ?ff.Th?? ?r? relevant t? th? mi??i?n: Y?ur ?rg?niz?ti?n h?? a ?l??r und?r?t?nding ?f h?w these objectives fit in with th? overall vision ?nd mi??i?n of th? gr?u?.Th?? ?r? tim?d: Y?ur organization has d?v?l???d a tim?lin? (? ??rti?n of whi?h is m?d? ?l??r in th? ?bj??tiv??) b? which th?? will be ??hi?v?d.They ?r? challenging: Th?? ?tr?t?h th? gr?u? to set its ?im? on ?ignifi??nt improvements th?t ?r? important to m?mb?r? of th? ??mmunit?.In ?umm?r?, while ?r???ring ??ur ?tr?t?gi? ?l?n, be sure t?;Write ?l??r g??l? ?nd ?bj??tiv??.Establish r????n?bl? time fr?m??.Measure ?r?du?tivit?, ?u?lit? im?r?v?m?nt, ?nd ?r?vid? ???t ?n?l??i?.S??k collaboration, inspire inn?v?ti?n, and m???ur? th? im???t of ??mmunit? benefits.Write a budg?t that i? link?d t? grant r??uir?m?nt?. Thi? w?uld ?ll?w for more ?u?ntifi?bl? ??rf? rm?n?? m???ur?? ?? well ?? ???t-b?n?fit ?n?l??i?.Id?ntif? th? ?x??utiv? r?l? in ?h?ng? m?n?g?m?nt ?nd ?v?r?ll ?rg?niz?ti?n?l control.Ev?lu?t? ??ur organization’s dir??ti?n ?nd purpose.Id?ntif? ?nd quantify ??rf?rm?n?? measures.Y?ur plan ?h?uld ?m?h??iz? im?r?ving the r?l?ti?n?hi? with th? ?li?nt.Step 5. R?ll-?ut th? planTh? fin?l step in ?t?? is rolling ?ut th? ?l?n. In 2016, th? top three reasons ?tr?t?g? im?l?m?nt?ti?n fil?d were a) P??r communication, b) Lack ?f leadership ?nd c) U?ing th? wr?ng measures. Str?t?gi? ?l?n r?ll out means ??mmuni??ting th? ?l?n t? th? ?th?r t??m members and ?t?rting th? process of implementing the ?tr?t?gi??.A survey r???rd? th?t 95% ?f ?m?l????? do n?t und?r?t?nd th?ir ?rg?niz?ti?n? ?tr?t?g?, ?nd if this i? th? ????, the ?im ?f the strategic ?l?n i? d?f??t?d.At ?u?h, 73% ?f ?u?????ful ??m??ni?? h?v? a f?rm?l m??h?ni?m t? communicate th?ir strategy. B?l?w ?r? a f?w ti?? ??u should keep in mind the n?xt time ??u find ??ur??lf rolling ?ut a strategic plan:Make it dig??tibl?: T?k? into ??n?id?r?ti?n th? actual ?tru?tur? and f?rm?t of th? plan itself. If ??ur ?udi?n?? ??n’t ???il? ???r???h th? information, ??u’r? already off to a r?ugh ?t?rt.M?k? it l??k good: The materials ??u d?v?l?? t? h?l? ?h?r? ??ur ?l?n with int?rn?l and external ?udi?n??? ?r? hugely im??rt?nt. T?k? ??r? in creating th?m ?nd m?king them consistent with ??ur ?v?r?ll id??.M?k? sure you’ve got th? right t??l?: It’? crucial ??u h?v? th? ???r??ri?t? t??l? t? g?t your t??m ?n b??rd and up to d?t? ?n the ?r?gr??? of th? plan. You might n??d to d?v?l?? talking ??int?, consider ?h?nn?l? to use f?r ?h?ring th? ?l?n, and m?r?.M?king a big hype ?b?ut ??ur ?tr?t?gi? ?l?n i?n’t n??????r? for every ?rg?niz?ti?n, ?????i?ll? if th? ?h?ng?? in th? plan ?r? not dr?m?ti? ones. But, ?ft?r a ?tr?t?gi? ?l?n i? d?v?l???dâ€"?r ?v?n better, as it’? being d?v?l???dâ€" ??u should ??k tw? key ?u??ti?n?: Wh? really n??d? to kn?w ?b?ut th? ?l?n? And wh?t do ??u n??d t? d? in order t? m?k? sure th??? ????l? understand ?nd ?r? energized b? it?Th? ?n?w?r t? th??? questions will help ??u d?t?rmin? if you need to d? some w?rk t? m?k? your ?l?n m?r? ??????ibl?, ?r if keeping it in it? current form w?rk? well enough.Th? ?l?n r??r???nt? change, ?nd some members ?f ??ur t??m m?? f??l threatened b? th? ?h?ng?? that ?r? ??ming ?? r???rd? ?h?w? th?t 30% of m?n?g?r? ??? communicating ?h?ng? i? th? toughest ?h?ll?ng?.You can alleviate any ?nxi?t? your t??m might have b? m?king the plan r?ll ?ut ?r????? fun. A few fun w??? t? r?ll ?ut th? ?l?n in?lud?:M??t?r? GameY?u ??n challenge your t??m t? di???v?r th? ????ifi?? ?f th? ??m??n?? ?tr?t?gi? ?l?n by ?l??ing a mystery g?m? in whi?h employees use ?lu?? to h?l? ???ll out th? companys n?w initi?tiv??.For ?x?m?l?, if ??rt ?f th? ?l?n i? t? w?rk on ??mmuni??ti?n, a cell ?h?n? ?nd a ??ir ?f ??nd? w?x li?? ??n ?r?vid? the ?lu?? to this ?????t.Divide the ?m?l????? into ?m?ll gr?u?? with a set ?f ?lu?? ?nd then h?v? ?v?r??n? ?h ?r? their guesses. Reward right ?n?w?r? with ??m? small ?riz?? ?r ??m??n? ??rk?.Aw?rd Priz??Many bu?in??? owners in?lud? incentive-based ??m??n??ti?n f?r t??m m?mb?r? wh? ?x???d th? ??rf?rm?n?? g??l? ??t f?r th?m.These could b? ???h b?nu??? ?r m?r?h?ndi??. Wh?n th? ?l?n is finished, ???r?v?d ?nd r??d? t? implement, g?t your t??m t?g?th?r ?nd h?nd ?ut ?riz?? t? th? individu?l? wh? ?ut forth ?u??ri?r ?ff?rt during the planning ?r?????.The ?riz?? d?nt have to b? ?f l?rg? m?n?t?r? value. A r??t?ur?nt gift ??rtifi??t? d??? th? trick. Th? objective i? t? recognize th? team members efforts ?nd d?di??ti?n in fr?nt ?f th?ir ???r?.Th? ?riz?? also ?h?w th?t you vi?w the ?l?nning process ?? im??rt?nt t? th? ?rg?niz?ti?n? ?u????? ?nd it will furth?r m?tiv?t? ?th?r team m?mb?r? to w?rd harder and ?m?rt?r in bringing th? ?l?n t? realityThrow a Kickoff P?rt?U?? the roll out process ?? a m??n? of g?tting ??ur team eager t? im?l?m?nt the ??m??n?? strategies for the u???ming ???r. H?ld a party at your ?ffi??? or ?t a ?riv?t? dining room ?t a r??t?ur?nt or h?t?l.T?lk ?b?ut the exciting g??l? ?nd ?h?ng?? in ?tr?t?gi? dir??ti?n you have ??t f?r th? u???ming ???r.R???gniz? ???h ??r??n? ??ntributi?n t? the ?l?nning ?r????? ?nd how t?g?th?r th?? ?r??t?d a high quality ?nd ?r?du?t that will h?l? th? company gr?w. Think of th? event ?? a kind ?f H???? N?w Y??r ??rt? f?r your business.IMPORTANCE OF A STRATEGIC PLAN You might b? thinking: Is it worth preparing a strategic ?l?n? There ?r? m?n? benefits th?t go ?l?ng with ?tr?t?gi? ?l?nning. Th? key to ?u?????ful strategic planning i? t? build in m???ur?? and im?l?m?nt?ti?n steps that allow ??u t? engage ??ur ?t?ff ?nd m?nit?r th? results ?t r?gul?r int?rv?l?.H?r? ?r? a f?w b?n?fit? of a ?tr?t?gi? plan:It ??n make a business m?r? dur?bl?Bu?in??? is a tumultu?u? concept. A business m?? b? booming ?n? ???r ?nd in d?bt th? next. With constantly ?h?nging industries and w?rld m?rk?t?, ?rg?niz?ti?n? that l??k a ?tr?ng f?und?ti?n, f??u? ?nd foresi ght will have tr?ubl? riding the next wave.A???rding t? r???rt?, ?n? ?f ?v?r? three ??m??ni?? th?t are l??d?r? in their industry might n?t b? there in th? n?xt fiv? ???r? but th? odds ?r? in favour ?f th??? that have a ?tr?ng ?tr?t?gi? ?l?n!It ?ll?w? ?rg?ni??ti?n? to b? ?r???tiv? r?th?r th?n r???tiv?A ?tr?t?gi? plan ?ll?w? ?rg?niz?ti?n? to f?r???? th?ir futur? and t? prepare ????rdingl?. Through ?tr?t?gi? planning, ??m??ni?? ??n ?nti?i??t? certain unf?v?ur?bl? scenarios before th?? happen and take n??????r? precautions to ?v?id th?m.With a strong strategic plan, ?rg?niz?ti?n? ??n be ?r???tiv? r?th?r th?n m?r?l? reacting to ?itu?ti?n? as th?? ?ri??.B?ing proactive ?ll?w? organizations t? keep u? with th? ?v?r-?h?nging trends in the market ?nd ?lw??? ?t?? one ?t?? ahead ?f th? competition.Strategic planning ?r?vid?? ?l?rit?, dir??ti?n, ?nd f??u? f?r your organizationThe ?rim?r? ?ur???? of ?tr?t?gi? ?l?nning i? t? connect th? ?rg?niz?ti?n’? mission ?nd vision b? ?ddr???ing these thr? ? ?u??ti?n?:Wh?t i? our purpose? (Mi??i?n)Wh?t do w? w?nt t? achieve? (Vi?i?n)H?w are w? g?ing t? g?t th?r?? (Pl?n)P?rh??? th? m??t ?bvi?u? r????n t? ?ng?g? in ??r??r?t? strategic planning i? th?t it ?r?vid?? dir??ti?n ?nd focus b? w?? ?f a writt?n d??um?nt. Having a ?l??rl? articulated mi??i?n and vi?i?n ?n?bl?? the ??m??n? t? d?v?l?? a ?tr?t?gi? plan th?t i? a literal r??dm?? for success.C?nfu?i?n ?nd d??-t?-d?? bu?in??? fires ?r? often reasons wh? ?tr?t?gi? ?l?nning yields little results, but th??? ri?k? can be mitig?t?d b? h?ving a plan th?t i? writt?n d?wn, with clear ???ignm?nt?, dues d?t??, ?nd d?liv?r?bl??, so that ?m?l????? kn?w what mu?t b? ?x??ut?d by wh?n.It in?r????? ???r?ti?n?l efficiencyA ?tr?t?gi? plan ?r?vid?? management th? roadmap to ?lign th? organization’s fun?ti?n?l ??tiviti?? to ??hi?v? ??t g??l?. It guid?? management di??u??i?n? ?nd d??i?i?n m?king in d?t?rmining resource and budget r??uir?m?nt? t? accomplish ??t ?bj??tiv?? thu? in?r???ing ???r?ti?n?l effi ciency.It helps t? in?r???? m?rk?t share ?nd profitabilityThrough a d?di??t?d ?tr?t?gi? plan, ?rg?niz?ti?n? ??n g?t v?lu?bl? insights on m?rk?t trends, consumer ??gm?nt?, ?? w?ll as product and ??rvi?? offerings which may ?ff??t th?ir ?u?????.An ???r???h th?t is t?rg?t?d and well-strategized t? turn ?ll ??l?? ?nd marketing ?ff?rt? int? th? best possible ?ut??m?? ??n help t? in?r???? profitability and m?rk?t ?h?r?.It ??t? up a ??n?? ?f dir??ti?nA ?tr?t?gi? plan helps t? define th? direction in whi?h ?n organization must tr?v?l, ?nd ?id? in establishing r??li?ti? ?bj??tiv?? ?nd g??l? th?t ?r? in lin? with th? vision ?nd mi??i?n charted ?ut f?r it.A ?tr?t?gi? ?l?n ?ff?r? a mu?h-n??d?d f?und?ti?n fr?m which an ?rg?niz?ti?n ??n gr?w, evaluate it? ?u?????, ??m??n??t? it? ?m?l????? and ??t?bli?h b?und?ri?? f?r ?ffi?i?nt d??i?i?n-m?king.

The Five Levels Of Leadership Essay - 886 Words

The Five Levels Of Leadership By Nick Pollice Jun 30, 2011 Becoming an effective leader is a lot like being in the stock market. You don t make your fortune in a day; you make it daily, a little bit at a time. What matters most is what you do day after day, over the long haul. The secret to leadership success is investing in your leadership development, much like letting your assets compound. The final result is Leadership Growth over time. Leaders aren t born; their made. The process of leadership is long, complicated and has made elements. Respect, dignity, discipline, people skills, vision, emotional strength, opportunity, preparedness and experience are just some of the intangible elements which come into play when talking leadership. We can, over a period of time, increase our leadership potential if we can understand and accept the five levels of leadership. They are: Level One - Leadership From Position This is the basic level of leadership. 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The study could offer a new dimension of leadership perception that is appropriate

Mannerism and Baroque - 1152 Words

Mannerism and Baroque Western Governors University Literature, Arts and the Humanities: Analysis and Interpretation IWT1 May 8, 2013 Mannerism and Baroque If you study art history at any length, you will become aware of the many different periods and their individual characteristics. There are prime times throughout art history that the general populations can easily identify such as Renaissance or Impressionism. They might even be able to name a few of the artists or their artwork. As you delve further into the rich history of art, you start to notice many deviations in the style of artists who are transitioning into a new artistic period. At first look, you might not see the subtle difference in the art from the norm†¦show more content†¦In the seventeenth century, the city of Rome became the model indication of Catholic dignity and satisfaction articulated in all the arts. (The Metropolitan Museum of Art, n.d.) â€Å"The popularity and success of the baroque was encouraged by the Catholic Church when it decided that the spectacle of the baroque artists style could communicate religious themes in direct and emotional attachment. The secular nobles also saw the dramatic style of baroque architecture and art as a means of impressing visitors and prospective competitors.† (ArtinPicture.com, 2013, para. 2) The Baroque period is known for its extravagance and eccentricity. Chiaroscuro and tenebrism are a large part of Baroque art. Some of the main characteristics of the baroque era are of the portrayals feel emotionally and tangibly real. The artists wanted you to participate in the scene. Baroque artists painted real people with all of their imperfections. The artists rendered religious figures and saints in theological settings and miracles portrayed as ordinary individuals in common goings-on. Gian Lorenzo Bernini is one of the greatest artists to emerge out of the Baroque period. Some of Bernini’s works include The Ecstasy of Saint Teresa, Rape of Persephone, and the Triton Fountain at the Piazza Barberini. Known forShow MoreRelatedThe Influence Of Mannerism And Baroque E ra858 Words   |  4 PagesTitian style can be recognizable through his works for his unique without focus of the outlines and depending more towards highlights of colors. This was the outcome from the influence from living between Mannerism and Baroque era. During the beginning of Titian career, he was an apprentice with a few famous painters before him. Some include Gentile and Giovanni Bellini in Venice, eventually partnered with Giorgione for the majority for the first few years. Until, their partnership cut short whenRead MorePà ©rola Barroca the Imperfect Art : Baroque Essay813 Words   |  4 Pages‘pà ©rola Barroca’ , this word means Art works of Baroque which is came from Portuguese. 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On his travels he became more familiar with the work of Parmigianino and the work of Correggio. In El Greco’s use of form can be seen Florentine Mannerism. Venetian Mannerism can be seen in the peculiar brilliance of his Read MoreBaroque Vs. Baroque Era1495 Words   |  6 Pages Baroque is a complex term used to describe what was thought to be a messy, vaguely disgusting style. Potentially coming from the Spanish words barrueco meaning a rough or imperfect pearl or â€Å"berruca† the term for â€Å"wart†, Baroque came to be a generalized term for art, architecture, music, and sculpture from the 16th century to the early 18th century (Klindt-Jensen 2015). Not only was the â€Å"Baroque period† long lasting, but it was far reaching as well. From Holland to Spain, Germany to FranceRead MoreJohn Rupert Martins quot;Baroquequot; Essay1140 Words   |  5 Pagesunderstanding of Baroque artists and their tremendous variety. nbsp;Martin defines the Baroque characteristics, but only very broadly leaving a significant amount of room for the reader to make his own deductions. nbsp;In general, Martin be lieves that the typical definitions of the Baroque are too restrictive and hence likely to create more problems of classification and interpretation than it solves. nbsp;Even the time of the Baroque is left open to the reader when Martin says the Baroque is roughly

Pv Trade War Between the Us and China Free Essays

string(150) " for installation of the panels without paying upfront for the panels thus the cost of downtime during the installation is not born by the customers\." Introduction International trade and competitive advantages in the costs of production in China have brought numerous opportunities for China’s exports but also generated challenges due to protectionism from its foreign competitors. Consequently, there have been numerous trade cases against China, including anti-dumping, anti-subsidy, in many economic sectors. The very current trade case involving China is the US accusing Chinese manufacturers of dumping photovoltaic (PV) panels in the US market and the Chinese government unfairly subsidizing its own solar industry. We will write a custom essay sample on Pv Trade War Between the Us and China or any similar topic only for you Order Now In fact, the US’s trade balances in polysilicon products between both the US and China, and the US and the world significantly deficit while China’s polysilicon cells and modules production has increased dramatically (The Kearney Alliance 2012). This essay claims that, the surge in PV exports does not necessarily mean that the Chinese government has subsidized its PV manufacturers illegally, and Chinese solar manufacturers’ low prices do not necessarily imply they are selling their PV products below the cost of production. Importantly, imposing such significant imports tariff is highly likely to undermine not only the bilateral trade between two countries but also long-term benefits of both countries. First, this essay provides an overview of the US-China PV trade case; then explains why China solar industry has been growing dramatically; and finally it analyses what the consequences might be if the US imposes a countervailing and antidumping tariff on China’s PV. Background On October 2011, seven US-based PV manufacturers headed by SolarWorld Industries America reported China on a double-anti case to US Department of Commerce (DOC) and US International Trade Organization (ITO). The seven manufacturers, which later formed Coalition for American Solar Manufacturing (CASM), accused China for dumping their PV module products to US market and giving a huge amount of export subsidy to this industry which in turn causing severe injuries to US PV manufacturers. Several investigations have been carried out by both DOC and ITC for this issue, as the coalition accused China government providing cash grants, heavily discounted resources, huge loans and credits, tax exemption, incentives and rebate and export grant insurance to the industry. In its final determination held on 10 October 2012, DOC proposed 18. 32 per cent to 249. 96 per cent of anti-dumping and 14. 78 per cent to 15. 97 per cent of countervailing duty. Further actions, including issuing or not issuing anti-dumping and countervailing duty orders, will be made after ITC final determination (US DOC 2012). Photovoltaic industry is a new emerging industry as a response to the threat of energy shortage and environmentally-unfriendly fossil fuel-based energy. Governments issued supportive policies, including giving significant account of subsidy considering higher production cost of this new energy industry compared to that of conventional one. In case of China, the country issued a PV market policy in 2007 that included deployment, investment and research and development supports under the scheme of middle and long term program of renewable energy development set by National Development and Reform Commission (NDRC) targeting the energy of 300MWp by 2010 and 1. 8 GWp by 2020 of PV cells installed (Grau et al. 2011). This policy and its comparative advantage on labors result in excessive growth of China PV industries, making China’s world market share skyrocketing from 1 per cent in 2001, 5 per cent in 2005 to 50 per cent in 2010. In 2012, four of the top five PV producers are Chinese overtaking US manufacturers which occupy 27 per cent in 2006, decreased to 5 per cent in 2010 of the total world share (The Kearney Alliance 2012). Why has China’s PV grown so big so fast? There are a number of reasons why the PV industry in China has experienced tremendous growth within a short span of time. For instance, China produced about 1 per cent of the world’s solar cells in 2001, and by 2010 it produced nearly almost half (The Kearney Alliance 2012). The same rate of growth was achieved by Japan and Germany during their PV industry expansion; however the key difference is it took them twice as long (The Kearney Alliance 2012). First, such fast paced growth would not be possible without assistance from the government. The Chinese government has been providing many different kinds of assistance to the manufacturers to promote the growth of the PV industry in China. The government’s policy to boost the industry came in the form of loans, tax credits and grants. Additionally, some of the resources required for manufacturing of PV cells were subsidized or discounted to encourage manufacturers to produce more. In 2011, the Chinese government initiated a ‘Five-Year Plan’ to induce further growth of the PV industry well into the year 2015. Second, it is estimated that help from the government allowed some Chinese manufacturers of PV cells to have somewhere between 18-30 per cent cost advantage over their US counterparts (The Kearney Alliance 2012). The government alone is not responsible for the cost advantage enjoyed by the Chinese manufacturers; scale and vertical integration, and labour costs constitute significant part of the cost advantage. The scale and vertical integration of some of the top tier Chinese manufacturers means that they gain cost advantages due economy of scale; larger factories can produce at a lower cost, and additionally they tend to own or control majority of the companies in the supply chain as well as distributions outlets thus allowing them to maximize profit from supply, production and distributions. Moreover, labour costs are relative cheap compared to the US, especially for unskilled labour, where China has approximately 80 per cent labour cost advantage over the US counterparts (The Kearney Alliance 2012). Third, besides the assistance and cost advantages, some, if not all, Chinese manufacturers tend to offer trade credit, where solar power customers can purchase the panels without having to pay upfront and are given 60 days payment window to complete the deal. This provides tremendous financial benefit to the customers, as they will have some time for installation of the panels without paying upfront for the panels thus the cost of downtime during the installation is not born by the customers. You read "Pv Trade War Between the Us and China" in category "Papers" Finally, growth of China’s PV industry is also due to the extreme projected growth of domestic demand. In 2010, Chinese domestic demand for solar power was only 3 per cent of the world’s demand, and by the end 2014 this is expected to increase to 26 per cent (EPIA 2011). Is Chinese government providing illegal subsidies? Are Chinese manufacturers dumping their products on the U. S. market? The US government accuses the Chinese government of providing the export subsidies, which according to WTO rules is illegal. However, the Chinese government claims that the subsidies, grants, loans and discounts given to the manufacturers are intended to promote the solar power industry and make it cost competitive with conventional power sources. It is worth noting that it’s not just Chinese government that provides subsidies, the US also provides substantial subsidies to its solar power industry albeit to a slightly lesser extent and lower amount in dollar terms. For instance, the US government does not provide land grants or discounts, and the total stimulus loan/loan guarantee is only US$1. 3 billion compared to US$30 billion from the Chinese government (Goodrich et al. 2011). The US Department of Commerce accuses Chinese manufacturers of dumping PV cells on the US market. According to the WTO (WTO, 2012), dumping occurs when a company exports a good to foreign market at a price less than the price it normally charges in its domestic market. The US considers Chinese economy as non-market economy, thus the Chinese domestic price of PV cells cannot be determined directly from the Chinese market. Therefore, third or surrogate country needs to be chosen in order to determine the fair value of Chinese PV cells. The U. S Department of Commerce has chosen Thailand from a list of 6 countries as the surrogate country. This is unlikely to reflect an appropriate normal price for the Chinese PV since the costs of PV production in China is normally lower than those in Thailand. Possible consequences Both sides are currently still waiting for ITC’s final determination. If an affirmative determination is made in late November that imports of PV cells from China, no matter being assembled into modules or not, leads to US omestic industry being or is threatened to be materially injured, Commerce will issue the Anti-Dumping and Countervailing duties order. Back when the preliminary determinations was announced earlier this year, in which the DOC assessed countervailing duties ranging at a lower rate, most Chinese manufacturers breached a sight of relief and continue their business in U. S. as before. However, DOC’s final determination assessed significant higher countervailing duties at 14. 78 per cent -15. 24 per cent, comparing to its 2. 9 per cent-4. 3 per cent in the preliminary (US DOC 2012), undoubtedly it will have a severe impact on China’s manufacturers and global solar industry. As the subject of DOC and ITC’s investigation is PV cells that are manufactured in China, Chinese firms could shift manufacture or directly purchase PV cells from other countries to avoid tariffs on modules made of Chinese cells. An ideal location is Taiwan, which is already a robust solar cell manufacturing market. Although it is 8 per cent higher than using its domestic produced cells, cells made in Taiwan still have a 10-22 per cent cost advantage than the ones in the US (Wesoff 2012). Not to mention its relative closeness to China. However, using PV cells from other countries other than the US and assembles into PV modules is not a proper long-term strategy. The US could also initiate another investigation into Chinese PV modules assembled, using other countries’ cells. Thus, this is only a transitional strategy for Chinese manufacturers before China’s domestic demand for PV products picks up to ameliorate industry’s excessive supply situation. On the other hand, the imposition of high countervailing and anti-dumping duties might also affect the U. S. solar industry. In 2011, manufacturing only contributed 24000, or 24 per cent of the total employment in the solar industry (The Solar Foundation 2011). Punitive tariffs against Chinese cells will lead to a price jump on PV cells and modules in the US market, it causes the cost of solar projects in the US to increase and the implementation and demand for solar products to decline, which ultimately transits into lower employment in other sectors in the PV industry. The Coalition for Affordable Solar Energy commissioned a study showing that a 50 er cent tariff will indeed boost employment in the cell and module manufacturing sector. However, this tariff jump would also result in a huge decrease in employment from slowing-down discretionary spending by solar buyers and an overall demand decrease in other sectors in the whole PV industry. The net impact on total employment would be 15 per cent -40 per cent decline in the US PV industry compared to its 2010 numbers (Berkman et al. 2012 ). This means the resurrection of the US cells and module manufacturers is at the cost of the rest and the vast majority of the US PV industry. Another potential outcome is that Chinese manufacturers could retaliate against imposed tariffs. The US currently still has a huge positive net export of polysilicon and PV manufacturing equipment to China. In 2011, China attributed to around 30 per cent of the US total net exports of polysilicon and 60 per cent of PV capital equipment (GTM 2012). To protest against imposed tariffs and duties, Chinese manufactures could ramp up their own production of polysilicon or turn to other countries to fill the gap, effectively cutting out the US firms in the solar supply chain. Conclusion In sum, Governments in most industrial countries including the US and China have been promoting clean energy technology in recent years. Among the world’s solar producers, China’s booming renewable energy industry, especially solar industry has dominated world solar markets and challenges American leadership. President Obama affirmed the US’s concern about clean energy technology: ‘†¦to make sure that we win the competition. I don’t want the new breakthrough technologies and the new manufacturing taking place in China and India’ (Morris et al. 012, p1). Meanwhile the subsidy to energy, including solar industry, has been successful in China (rapidly increase its market share of world polysilicon production), the US policy subsidy on clean energy has not brought any expected result, even failure (i. e. bankruptcy of Solyndra–the California solar firm) (Robert et al. 2010). Trying to protect the domestic solar industry by p reventing other country’s polysilicon exports is highly unlikely to be a wise and fair policy. In particular, countervailing and anti-dumping duties would result in a significant decline in exports of polysilicon and PV manufacturing equipment to China as well as a fall in employment. Indeed, China could have several ways rather than bring the case to the WTO in responding to the trade barriers imposed by the US, but what the US needs to consider its long term benefit. The competitive price of Chinese solar as a cheap source of clean energy which potentially enhances the US economic growth, creates jobs for Americans and tackles with climate change. Reference Berkman, M, Cameron, L ; Chang, J 2012, ‘The employment impacts of proposed tariffs on Chinese manufactured photovoltaic cells and modules’, The Brattle Group, Washington, D. C. viewed 16 September 2012, . EPIA see European Photovoltaic Industry Association. European Photovoltaic Industry Association 2011, ‘Global market outlook for Photovoltaics until 2015’, viewed 12 Oct 2012, http://www. epia. org/index. php? eID=tx_nawsecuredl;u=0;file=fileadmin/EPIA_docs/publications/epia/EPIA-Global-Market-Outlook-for-Photovoltaics-until-2015. pdf;t=1351601058;hash=65fb67c830a17dc3384646f83c30e104 Goodrich, A, James, T ; Woodhouse, M 2011, Solar PV manufacturing cost analysis: US competitiveness in a global industry, Stanford University, viewed 25 Oct 2012, ;lt; http://www. nrel. gov/docs/fy12osti/53938. pdf;gt;. Grau, T, Huo M ; Neuhoff, K 2011, ‘Survey of photovoltaic industries and policies in Germany and China’, Climate Policy Initiative, Berlin. GTM 2012, ‘U. S. Solar Energy Trade Assessment 2011: Trade Flows and Domestic Content for Solar Energy-Related Goods and Services in the United States’, Greentech Media, Washington, D. C. Morris, AC, Nivola, PS ; Schultze, CL 2012, ‘Clean energy: revisiting the challenges of industrial policy’, The Brookings Institution, Washington, DC. Roberts, MJ, Lassiter, JB ; Nanda, R 2010, ‘US Department of Energy Recovery Act Funding: bridging the â€Å"Valley of Death† ‘, Harvard Business School. The Solar Foundation 2011, ‘Nation Solar Jobs Census 2011’, viewed 12 October 2012, . The Kearney Alliance, 2012, ‘China solar industry and the US anti-dumping/anti-subsidy case’, China Global Trade. USDOC 2012, ‘Fact sheet: Commerce finds dumping and subsidization of crystalline silicon photovoltaic cells, whether or not assembled into modules from the People’s Republic of China’, Department of Commerce, The United States of America, viewed 15 October 2012, . Wesoff, E 2012, ‘Breaking news: Commerce Dept. Chinese solar panel dumping verdict is now in’, Greentech Media, viewed 17 October 2012, . WTO see World Trade Organisation World Trade Organisation 2012, ‘Anti-dumping, subsidies, safeguards: contingencies, etc’, The World Trade Organisation, viewed 10 October 2012, http://www. wto. org/english/thewto_e/whatis_e/tif_e/agrm8_e. htm How to cite Pv Trade War Between the Us and China, Essays

The arts and the sciences Essay Example For Students

The arts and the sciences Essay The arts and sciences are two very different areas of knowledge but it is possible to learn from both of them. Just as science is renowned for its rules and formulas the arts are known for breaking them and taking peoples concepts and beliefs to whole new levels. In this essay I will discuss if we learn more from work that follows or that breaks with accepted conventions and how each subject area does this and try to discover which gives us greater knowledge; work which breaks conventions or that which goes with it. Science is a very exact and almost predictable subject area, for example a scientist knows that if an object is falling the force exerted in the object is its mass multiplied by gravitational pull on the earths surface. This is a fundamental formula in Newtonian physics. A simpler example would be that in order for a chemical reaction to occur two atoms need to exchange electrons. This is a very simple rule, and although we have no actual physical certain proof that the structure of an atom consists of; electrons and nuclei all chemistry is based around this improvable theory and it is completely conventional. However the theory mentioned earlier concerning is being questioned showing that conventional beliefs are not always initially correct and they need to be doubted by unconventional thinkers in order to become truly correct. We will write a custom essay on The arts and the sciences specifically for you for only $16.38 $13.9/page Order now For example in modern technology some of the first computers were used by the Nazis to store data on, it was never thought back then that we would use computers everyday for games, chatting to friends, work, and even relationships. With online dating beginning to change the way we can meet people conventions are still being broken more than 10 years after the breaking of conventional computer use. With the development of A. I (Artificial Intelligence) we are already breaking conventions that were set by the computer when it broke the prior conventions with its appearance. The arts are celebrated for their unconventional approach to knowledge and their often surreal view on circumstances. A lot of the knowledge we acquire through the arts is subsequent to our moral standing and views on politics, life, death and many more factors in life. In fact you could argue that although art may at first appear trivial or even superficial it contains more information about modern (or old) feelings and opinions which affect the human mood and body most of all. So arguably the knowledge we receive from the arts is more relevant to the average person than whether the theory concerning the layout of an atom is correct or not. For example artist Alex Grey released a collection of life sized paintings called The Sacred Mirrors1. These paintings help the viewer find their own divine nature through examining the mind body and spirit in detail. These paintings are incredibly abstract but have immense detail into the layout of the circulatory system, muscles and the nervous system.