Mission statements in modern organizational environment Essay

Mission statements in modern organizational environment - Essay Example From this research it is clear that the continuous expansion of globalisation has led firms internationally to continuously change their strategies, aiming to develop a strategic advantage towards their rivals. The success of firms in the global market has been related to their mission statements, where the organizational values and aims are analysed. Mission statements are used for different purposes by organizations internationally; most commonly, mission statements are used as tools for presenting an organization’s values and directions. However, the role of mission statements in business success is not clear. Moreover, meeting the targets incorporated in the mission statement can be a challenging target for most organizations but not at the same level. The role of mission statements in determining organizational success is examined in this paper; reference is also made to the value of mission statements as elements of the organization. Emphasis is given on the involvement of mission statements in different organizational activities but also on the value of mission statements as tools for promoting business strategies. It is proved that mission statements can help organizations to improve their performance, mainly n the long term, but their ability to offer immediate benefits is highly doubted, taking into consideration the fact that market conditions have been significantly deteriorated increasing risks for firms operating in all industries. 2. Mission statements in modern organizational environment 2.1 The role and value of mission statements as described in the literature Mission statements are commonly used for highlighting an organization’s key values and targets (Lusthaus 2002). In other words, mission statements reveal each organization’s aims, as they are aligned with a series of ethical rules (Little and Marandi 2003). However, the form of mission statements is not standardized. In certain organizations, mission statements are s hort, not particularly descriptive, showing the general framework of organizational activities (Williams and Green 1997). In other cases, mission statements are used as tools for improving the image of the organization in the market and for enhancing the morale of stakeholders (Thompson and Martin 2010). This trend is clear in the literature published in the specific field. In order to understand the role and the significance of mission statements in modern organizations, it would be necessary to describe the context of these statements, as identified in businesses worldwide. Williams and Green (1997) support that the term ‘mission statements’ is often used instead of the term ‘vision statements’. At the next level, Williams and Green (1997) note that ‘a mission statement usually describes the broad direction of an organization’ (Williams and Green 1997, p.22). In this context, a mission statement is used for showing an organization’s ke y values and the nature of its activities (Williams and Green 1997, p.22). Moreover, Kinney and Raiborn (2008) explain that a mission statement is used in order to highlight the purpose of the organization and the ways in which the organization will respond to the needs of its customers. Kinney and Raiborn (2008) also note that organizations tend to use a mission statement along with a values statement in order to strengthen their position in the market. On the other hand, Henry (2008) claims that a mission statement is used just for explaining the reasons for the existence of the organization. Other issues could be possibly incorporated in an organization’s mission statement at the level that they are considered as necessary for improving the organization’s position in the market. According to Trevino and Nelson (2010) mission statements

Ferns Cottage Land Law Issue Essay Example | Topics and Well Written Essays - 2500 words

Ferns Cottage Land Law Issue - Essay Example The owner of the land in question is known as the dominant tenement of the land, and the person benefiting from another land, in this case, Adelaide, is known as the servient tenement (Law & Martin, 2009). The main subject of review in Adelaide’s situation has to do with easements and the ability to use these easements. An easement, according to the dictionary of law, is defined as a right of the owner to benefit from the other land (Burdick, 4). From a servant's point of view, easements are the rights that one person has over someone else’s land (Thompson, 47). The Law of Property Act of 1925 outlines the four characteristics that define what an easement is. Documents relating to this act state that there must be a dominant and servient tenement (not possessed and occupied by one person), the easement must be for the benefit of the dominant tenement, the tenements must be owned or occupied by two different persons, and the easements have to be competent in developing t he subject-matter of a grant (Legal easements, 187). These four criterions in the definition of an easement were outlined in the case of Re Ellenborough Park. The judge ruled in this case that the residents on the property could take pleasure in an easement because fulfilling all four characteristics gave them the right over the easement. In Adelaide’s situation, the easements, or the privileges that have been enjoyed by her, include the route to the highway, the shed she used to park her car, and the light that will be blocked from Adelaide’s windows (if the new owner builds a building overlooking her cottage (Burdick, 4)). Adelaide’s chances of winning the rights to these easements will be based on the evidence she has supporting the privileges that she has over the landowner’s field. Adelaide’s has the highest possibility of winning the easement over the short-cut route on the field. There are two ways that an easement can be obtained. An easeme nt can either be given by an expressed or implied grant, or by prescription (Legal easements, 187). Adelaide’s most substantial argument would be to prove that she is entitled to these easements by prescription, defined by the courts as an easement obtained by showing a continual use of land over a long period of time (Dictionary of Law). According to The Handbook of the law of real property, easements by prescription can be granted if they are used for 20 years or more, set by the English Prescription Act passed in 1832 (Burdick, 411). In Adelaide’s case, she has a good chance of winning the right to the route across her field by prescription. The continuous use of this path gives her permission for this easement. Adelaide can prove continuous use by showing the well-worn ruts on the road that has developed over time by the act of her driving on it and as a result of this occurrence being on a regular basis. Adelaide has strong evidence to win this easement because it was known to the dominant owner that she had been using the path for a reasonable manner (to get to the freeway). This complies with the rights outlined for obtaining an easement by prescription (Burdick, 414). Also, this easement is visible, also another characteristic of an easement by prescription (Burdick, 413).

Aristotles Nicomachean Ethics Essay Example | Topics and Well Written Essays - 250 words - 2

Aristotles Nicomachean Ethics - Essay Example Base and corrupt thoughts are not friendly, thus an individual does not feel that way within themselves. Since corrupt people think all others are like themselves, or seek out other corrupt people, they are not friendly with others as well as themselves. Finally, corrupt people think that harmful practices are normal. A prostitute thinks that selling sex is normal. Thieves think stealing is alright. If these practices are morally acceptable to an individual, then when these actions are done to them it is assumed to be normal. Thus a base person is no friend to themselves. A true friend will stop harmful actions, but the corrupt person does not know right and wrong. True friends help one another out. If a person is corrupt, the goal is to only help oneself. It is abnormal not to help another for healthy individuals, but normal for corrupt people. How people treat others is what becomes acceptable for them. Even morally bankrupt individuals have a compass telling them right from wrong. This compass in corrupt individuals affirms negative behavior. The negative behavior is normal to these people. If they could treat themselves better, treating other people better would not be a problem. That is what Aristotle was trying to

Insolvency Law and Capitalism Essay Example | Topics and Well Written Essays - 1000 words

Insolvency Law and Capitalism - Essay Example Capitalism is a form of economic organization, whose main goal is to make profits. In order to achieve this, and sustain the capitalist system, capitalists must carry on the entrepreneurial spirit and continuously involve themselves in investing and re-investing capital into the economy (Schumpeter, 405-6). However, with limited capital, they must resort to other ways of financing their endeavors. One such way is through borrowed money. As Joseph Schumpeter writes, " . . . [C]apitalism is that form of private property economy in which innovations are carried out by means of borrowed money . . . " (179). Consequently, most business endeavors begin with debts. However, with the existence of risks and uncertainties present in investments such as competition, accidents, or even problems caused by financial crises, business failures and bankruptcies, which are usually followed by disputes over a company or individual's financial arrangements, become commonplace. Such occurrences threaten the very fuel that drives capitalism: it threatens the value of a business' much needed capital and it threatens the smooth flow of economic activity. In order to avoid such problems, institutions were built in the form of insolvency laws. Insolvency laws facilitate the liquidation of assets or possible reorganization of a bankrupt firm. It is meant to ensure that the process is smoothly executed, avoiding and solving conflicts, salvaging the company's capital, ensuring that all involved parties are treated fairly, and avoiding as much distortions in the economy as possible (Industry Canada). Thus, insolvency laws play a crucial role in the capitalist economy - it keeps valuable capital safe and it resolves conflicts, which are detrimental to continuous economic activity. Aside from its role in the liquidation of assets, insolvency laws also provide capitalism a crucial benefit - it keeps the "entrepreneurial spirit" alive. According to Schumpeter, entrepreneurs are crucial to a capitalist society because "without entrepreneurial achievement, no capitalist returns . . . " (405-6), and consequently, no capitalism. However, the possibility of bankruptcy, or the legal and economic burdens that plague bankrupt businessmen, poses a great deterrent for entrepreneurs to engage in economic activity because of the high risks involved. Insolvency laws solve this problem by providing not only protection for entrepreneurs in the face of bankruptcy, but also the possibility of "economic rebirth" - freedom from the clutches of bankruptcy and c chance to start anew - for bankrupt proprietors. Hence, in sustaining the capitalist system, insolvency laws become a necessary institution among capitalist societies. Unfortunately, it became a necessary evil as well because while sustaining capitalism, it created further problems that complicate the economic and social conditions within a society. As Edward J. Balleisen writes in his book "Navigating Failure," the American response to bankruptcy, in the form of insolvency law, has created two opposing elements in American capitalist society - the risk taking culture of capital entrepreneurs and the reluctant attitude of wage-earning laborers towards them (21). Before the existence of insolvency laws, entrepreneurs

CinnZeo Strategic Expansion Plan Research Paper Example | Topics and Well Written Essays - 500 words

CinnZeo Strategic Expansion Plan - Research Paper Example There are already quite a number of people inside so something must be going on. You park your car and stop to investigate. Yes indeed, it was the smell of cinnamon and it’s coming from the cinnamon rolls that you see all around. Seems to be quite a hit here, as everybody has a piece! You wait your turn and are soon rewarded. One bite into it and you’re hooked! Welcome to CinnZeo, a baker’s delight. Here you will find a number of delectable offerings to tempt your tastebuds, from the ever famous Cinammon Rolls to the Miniroll and the Caramel Pecaroll. There are Twists and Minitwists, CinnaDippers and Cinnamon ShakerZ, Cinnamon Toasties and Minifests. If you want to take something home for your family and friends, there is also the Mini Snack Pack and the CinnZeo Pack. So indulge, enjoy and spread the good news. A Short History CinnZeo is a Canadian franchise that started in 1987 from its home bases in Alberta and British Columbia. After remarkable success over a 10 year period, it decided to expand internationally and has a number of bakeries in Chile and Mexico (cinnzeo.com). Due to the mix of international clientele of various nationalities that is typically found in the Gulf States, it has targeted the Arabian Peninsula as its next area of expansion.

Sixteenth century female sexuality and their impact on Shakespeare's Research Paper

Sixteenth century female sexuality and their impact on Shakespeare's tragedy - Research Paper Example Definitely, one would assume to see gender contemplations exposed in Shakespeare’s works as distresses about the female gender, forming one of the crucial social considerations of Shakespeare’s normal life. Shakespeare, a popular and political writer, can hardly refrain himself from the common societal worries. In two of Shakespeare’s tragedies, Hamlet and Macbeth, he openly suggests the danger of female participation in sovereign level politics. He dramatizes real political concerns that came out during queen Elizabeth Tudors’ reign through the marriage of Gertrude to Hamlet’s uncle because of Lady Macbeth’s ambitious political career (Waddington 42). The sixteenth century leadership was invoked mostly by tensions aptly captured by Shakespeare, where Hamlet and Macbeth who do not make open political remarks about Elizabeth Tudor’s monarchy. In their book Shakespeare’s politics Allan Bloom and Harry V. Jaffa disparage and emphas ize the drawbacks of construing Shakespeare within historical terms (Archer, Culpeper, and Rayson 7). However, they agree that Shakespeare’s works produced a precise thematic image of current social concerns. This is highly agreeable to many other different authors who also contend that historical portrayal cannot be disregarded as it is quite weighty. Leonard’s book, Tennee house; power on display; the politics of Shakespeare’s genres, projects that Shakespeare’s literary works cannot be separated from the aspect of him being a Renaissance individual and dramatist where female discrimination was on the zenith (Archer, Culpeper, and Rayson 11). Shakespeare also portrays that female role did not have steadiness and thus confined an intrinsic danger as the Tudor monarchy is regularly clouded by shakiness and problems, for example, the failed marriage of Mary and Tudor’s uncertainty sentiment to matrimony (Waddington 67). This instability caused hyped anxiety among the Englishmen who are able relate negatively to the fitness of the Elizabethan rule. To some extent, the gender or the queen herself as a female leader was illustrated as insolvent to stable rule of the state. The literary works of Shakespeare also to some extent question the queen’s ability to lead the state through war and even her authority over her male subjects. This aspect also paints how male chauvinism had clouded the sixteenth century societies (Waddington 68). Even the queen to pass over the mantle to the next heir or her husband was questioned widely. Through the plays, Hamlet and Macbeth’s political ambitions lead to political instability of the state and disruption of the natural harmony. Lady Macbeth’s lethal political ambitions eventually constrain the state’s political culture and further diffuse the role of females in the sixteenth century societies as she is rendered as someone who can go to extreme limits just for self-w ant and enrichment (Waddington 104). Her subversive attempts finally convince her husband to assassinate the current monarch, and through this plot, she assumes power as the queen and her husband, the king, and acts as she did not know of what transpired. Therefore, Lady Macbeth’s female ambitions depict a negative connection of the females within the sixteenth century. All these female characteristics can also be alluded to the biblical writing where females like Delilah were shown as symbols of treachery and slyness. Herod’

Personal and professional development Assignment

Personal and professional development - Assignment Example These skills will be achieved through attending seminars, finding a mentor and taking short online courses in Human Resource Management. The personal and professional plan will be implemented through undertaking HR management short courses offered by the University. I will register for online short courses to improve my time management skills, communication and interpersonal skills. I will identify a lecturer to mentor me to attain these skills and practice through participating in HR researches. Two of the objectives were met by the target date. I attended a lecture on effective handling of employee grievances, effective communication and skills in time management. I also managed to get a coach involved in HR researches and together we participated in these researches. According to Lussier & Hendon (2013), in order to solve work-based problems, an individual needs to have skills in effective time management, personal organization and effectively sorting out employee issues regarding on-the-job discrimination and harassment (80). Communication styles vary from individual to individual. For example, communication between the HR team and the managers differs from that with lower level employees. Communication could be verbal or electronic or a combination of these two. For personal and professional development to be successful there is need to analyze the skills to identify the individual and group needs. Objectives need to be established and used as a guide to plan individual and overall development skills (Lussier & Hendon 2013, p.