Alcoa Inc Essay Example | Topics and Well Written Essays - 2500 words

Alcoa Inc - Essay Example It has a large product base – most of them are considered as most sustainable products. Serving different markets ranging from Aerospace to consumer packaging industry, Alcoa, over the period of time has been able to generate strong growth rates. Further it is also being continuously expanding into various markets and currently most of its revenue growth is coming from China. Based on the projections of the China’s future economic performance and strong demand being generated from that region, it is largely believed that the future performance of the company would largely depend upon how the Chinese economy performs. This is also because of the fact that the growth in North American markets for the company has been negative and considering the recent credit crunch in the market, it is largely anticipated that the demand from the traditional region of business for Alcoa would decrease substantially and company has to rely on the other markets to develop. Alcoa is the leading producer of primary aluminum, fabricated aluminum as alumina facilities and is also an active player in other aspects of the industry also. It products are served in markets like Aerospace, Alumina, Aluminum Ingot, Automotive, Building and construction, commercial transportation, Industrial Products and services as well as packaging and other consumer products. â€Å"In addition to aluminum products and components including flat-rolled products, hard alloy extrusions, and forgings, Alcoa also markets Alcoa ® wheels, fastening systems, precision and investment castings, and building systems† (Alcoa, 2008). The company has a presence in almost 34 countries with 97000 employees working for the company in various positions in various countries. It has been the honor of the company that it has been labeled as most sustainable company in the world in World Economic Forum, Davos, Switzerland. The company has a record of working on creating an environment which is often considered as safer

Pmc Case Answers Essay Example for Free

Pmc Case Answers Essay 1) List the important facts in the case. SAS Pvt Ltd is a rapidly growing software firm in IT industry. Employee compensation package is one of the major factors which help SAS to maintain its employee loyalty. They facilitate activities like game, sports, yoga etc, which helps the employee to feel more relaxed in their workplace. Both mental and physical strength is necessary for deliver a better result. Activities offered by company helps the employee to balance both work life and family life together. Working hours of company is scheduled in such a way that to ensure the employee work life balance. Company following a relaxed culture which avoid stress and tension which is the major problem which is seen in majority IT companies. Enough leaves and medical facilities are providing by company without any salary cut which will help the company to make a secure feeling among employees. Job security is the major factor which all employees are looking for. Even though company is not providing stock options and higher salary, employees won’t feel any bad about it because of the loyalty they have towards the company. Layoff rate of company is maintained in a minimum level when compare to competitors and which helps them to save employee replacement-related costs and lost work time. Even though they are spending more for employee compensation they have a high rate of return from that. 2) Are progressive HR practices like those at SAS, a cause or a result of high profits? Yes. By doing progressive HR practices company can maintain a loyalty among employees which helps the organization for better performance. Work life balance helps the employee to maintain a healthy family life along with job and they feel more secure in their job. It helps the organization to reduce the rate of layoff which is the major loss for a company. Company can save employee replacement-related costs such as recruitment, interviews, moving costs for new hires and lost work time. Following are some of the major benefits: Job satisfaction: Employees would be happy with their jobs and would love to work for you if they get fair rewards in exchange of their services. Motivation: We all have different kinds of needs. Some value achievement more than money, they would associate themselves with firms. A compensation plan that hits workers’ needs is more likely to motivate them to act in the desired way. Low Absenteeism: If they enjoy the office environment and are happy with their benefits and get what they need and want. Low Turnover: Employees don’t want to work for any other company if you offer them fair rewards. Advantage to Your Employees: Peace of Mind: Offering of several types of insurances to your workers relieves them from certain fears. Your workers as a result now work with relaxed mind. Increases self-confidence: Every human being wants his/her efforts to get acknowledgment. Employees gain more and more confidence in them and in their abilities if they receive just rewards. As a result, their performance level shoots up. 3) What possible problems could the management at SAS face (from employees) due to the benefits offered? If employees are getting more benefits like employees getting in SAS there is a chance to have a tendency to give second priority to work. It is because of less strictness about the timing and more benefit without any deduction in salary. And it can lead to a mismatch in benefit and productivity. Because they have lot of benefits but there is no specific par in terms of productivity an employee should have. It may leads to mismatch. 4) If you are appointed as the HR manager at SAS, what changes would you recommend in the compensation structure? If I am appointed as an HR manager then I will modify the existing salary. Main modification should be on productivity and benefits. If an employee is working more productively then benefit given also will be high. It is better to implement some specific target to each employee to achieve and if he/she achieved the target within the specific time then rewards should be given. Rewards can be in both tangible and intangible. It will give motivation to employees to attain more and its leads to increase in productivity. I will ensure a better career growth so that employee feels more responsible and loyalty towards the firm. â€Å"Work more†¦. get more †Ã¢â‚¬â€this will be the strategy in terms of Benefits.

GCSE Business Studies - Starting a Business - Business Plan - Sporting

GCSE Business Studies - Starting a Business - Business Plan - Sporting Glory Business Plan a) Name: Sporting Glory b) Address: High Street, Sutton, Surrey. c) Limited Company/Partnership/Sole Trader: Sole Trader - Will go public (PLC) if business is successful. d) What does your business do? The business will sell quality affordable sports clothes and equipment through a retail store. e) Date you started trading: The business will start trading early 2003, depending on how quickly the business is set up. f) Aims: To sell quality sports clothes equipment that is affordable, covering a wide range of sports and customers needs. g) Products/Services offered: The business will offer sports clothing and equipment manufactured by big well known sports brands such as Nike, Adidas, Reebok, Umbro etc. h) The Market: The market will be the sports market and the business will be targeting teenagers and young adults who want to be fit and have the latest sports and trendy gear. The market is very big as many other business selling similar products are already established and running smoothly. Therefore competition will be hard to put off as it consists of well known and accepted shops such as All Sports, JJB Sports etc. i) Personnel: The entrepreneur/businessperson will be Murtuza Husain (myself) who has thought up the business idea and is also investing his personnel money into ...

Leaders in the Local Church Essay

Lay leaders can simply be defined as persons chosen from the congregation by ordained leaders to serve as helpers performing such duties as may be delegated or assigned to them in accordance to their church ordinances. More and more ministers are finding themselves weighed down by the demands of the ministry. They are thus unable to be effective in meeting the changing needs of their flock. This has created a need to have different other people taking off some of the less sensitive responsibilities from the ordained clergies’ hands. The concept of lay leadership is however not just a modern day phenomenon; it is deeply rooted in the Bible. Deuteronomy 1:9-13 gives an account in which Moses appoints leaders to take off from him some of the responsibilities that were threatening to overwhelm him. Similarly in the book of 1 kings 19:19, Elijah acquires an attendant in the person of Elisha to serve as a helper in his duties as a prophet. The Apostle Paul also surrounded himself with spiritual people like Timothy and Titus to mention a few to whom he delegated different duties in his mission to preach the good news to the gentiles. The clearest illustration of the significance of lay leadership is however to be found in the New Testament book of the Acts of the Apostles Chapter 6 form verse 1 onwards. In this account, the Apostles as well as the entire group found it wise to appoint seven Godly men to take over responsibilities that were important but did not warrant the attention of the Apostles. In this paper, different lessons will be gleaned from the above scriptures and many others to help in the understanding of the issue at hand. Church leaders are different from either organizational or political leaders and only leaders who seek God’s grace and lead by the grace of the Almighty will be able to maintain the Satan inflicted jolts that characterize today’s ministry of the word of God. 1 The church is undergoing enormous statistical growth but the same is not being experienced in discipleship. Leadership of the church requires individuals who are able to rise above their individual capacities and seek Gods guidance. Shallow leadership is the reason why the church today is struggling to meet the seemingly insurmountable challenges. 2 The church needs godly leaders who are able to fully submit to Jesus Christ and be in complete communion with the Creator. Leaders, who can be disciple makers, honor God and be able to fulfill His Will. There are times when Gods reassuring gift in leadership is obviated making the leadership journey long, arduous, bumpy and jerky akin to rides across rocky mountains. At times the leadership might seem long, dry and desolate often punctuated with seasons when we feel that our leadership is devoid of Gods assistance. It is these experiences that call for insistence on Gods reassuring grace and guidance. Developing leadership in the church is no mean treat as it not only requires leaders to develop a strong rapport with the creator for their own souls but also for the souls of the followers of Christ. God’s spirit reassures, inspires, instructs and guides leaders in the Church as they take that long arduous journey to sainthood and spiritual maturity as our creator commanded. However, it is not easy to develop leaders in the church without succinctly analyzing the philosophy of spiritual leadership. Through, spiritual instruction, God used criticism of leadership or trials to stimulate spiritual revival or to inspire fresh visionary leadership for the future ministry of the word of God. The Biblical desert trek under the leadership of Moses was such an instance when God used the desolate desert to create new frontiers in leadership. By working through the hands of servant leaders, a new vision is created to circumvent, surmount or wade through the challenges required in developing a spiritual oversight and even in building new teams in the church. 1 ii. Importance of Leadership Development Strategies for Training Leaders in the Local Church. Training leaders in the church is an ongoing process that cannot be done haphazardly. It requires a leadership development strategy that helps in identifying, recruiting and training potential lay leaders in any church. The health, the growth and the success of any church or its local branches is solely dependent on the availability of effective and efficient church leadership program that not only inspires the congregation to spiritual; maturity but also discovers and builds the innate potentials of leadership and service in others. Consistency in training of lay leaders may well determine the level of growth and spiritual well being of entire churches. Humanistic philosophies permeate from our culture and these in turn affect the strategies we use in developing leadership in churches. These humanistic philosophies spread a desire that we should be whoever we want to be. Contrarily, God disdains such attempts and instead calls upon humanity to be as his only begotten Son Christ was. This means that good leadership is not a result of a personal ambition but a Godly desire that can only be achieved when leaders are trained to act as our Creator instructed us to act. That is why good leaders can only be shepherds but not saviors; they can only be leaders but not lords and guides to the congregation but not gods of the people of God. 1 In the book of Acts of the Apostles chapter 6, the process of choosing the seven men was done prayerfully and the chosen men were dependable men filled with the spirit. It is important therefore that the process follow the biblical example. Otherwise, when leadership strategies in the church deviate from the Gods commands and instructions on good leadership and instead focus on improving on human efforts alone, spiritual leaders achieve positions of worldly power but not the grace of God. Strategies for leadership should only train leaders to carry out their spiritual obligations as a reflection of what Christ wanted. It is testament today guidelines for church leadership are being drawn from secular platforms without a succinct review of the Christian authoritative text for standard protocols for servant leadership. Because of this reason church leaders are being removed from a worldly instituted office and recycled in various capacities that are only temporary in nature while ideally spiritual leaders are lifetime learners who are obligated by the scriptures to offer lifetime guidance to the flock. It is only by the grace of the Lord that leaders can be able to learn and consequently act as leaders with a spiritual disposition that is created only by the Holy Spirit. In this stride, spiritual leaders should be confident in God but not exhibit self confidence, they should not only know men but also know God. In making decisions they should seek Gods will and not solely rely on their own human capability in making decisions. In Spiritual leadership by J. Oswald Sanders, spiritual leaders should be able to humble in leadership and not be overly ambitious, they should never seek personal rewards but they should love God and other with all their powers. One who enjoys command, treasures independent leadership and creates his own methods of leadership can only be said to be driven by fleshly ambitions. On the other hand, Godly leaders delight in their obedience to God and follow His instructions while shunning the lusts of the flesh. They do not treasure independence in leadership but tend to depend in God and follow His examples.

How the Bill of Rights Affects My Life

In 1791, the first ten amendments to the Constitution of the United States, also known as the Bill of Rights, become ratified. The Bill of Rights contained freedoms that Americans held to be their inalienable rights, and were so important that before ratifying the Constitution many states insisted on a promise of amendments guaranteeing individual rights. It was created to set limitations on the power of the United States government, protecting the natural rights of liberty and property. The Bill of Rights affects every Americans life, in many different ways: it sets standards for people to live by, it gives us the right to be citizens, and it also gives us freedom of speech. The Bill of Rights gives citizens freedom, but it also crosses the line between right and wrong. It punishes those that have done wrong, and rewards those that deserve it. It basically sets boundaries, not just for the lower or middle class, but for everyone. It reminds me of the Ten Commandments; rules are set for the people of the land, and when those rules are broken, justice is served. The Bill of Rights also gives us the right to be citizens of the United States. Not just anyone can become an actual citizens, most aliens in the U. S. are illegal. Why? Because the Bill of Rights put a stop to them becoming legal; and while that has its positives and negatives, I believe that it’s a good thing that not everyone can become a citizen of our great nation. The culture, the history, the population, all of it would be different if just anyone was allowed in. I wouldn’t be the person that I am today. Lastly, the Bill of Rights grants us the freedom of speech. The liberty to speak our minds and say what we need to say. In so many countries freedom of speech is banned, and here, sometimes even I take it for granted. Freedom of Speech is saying what you believe needs to be said, whether good or bad, without being punished for it. So, as one can see the Bill of Rights not only affects my life, but it also affects the lives of others around me. We the people are so blessed to be citizens of this nation, and to think that our ancestors (somewhere way down the line) were the great minds that created the Bill of Rights. The Bill of Rights sets standards for people to abide by, it grants select people to become citizens, and it gives us the freedom of speech; but, those are just the highlights and there’s more to that book than just its cover.