Scott Electronics plcs Essay Example for Free

Scott Electronics plcs Essay To what extent do you think that Scott Electronics plc’s current human resources strategy is effective? (18) Human resource strategy is how a business sees its employees from different business point of view and they are seen as resources to complete the business objectives. Firstly the human resource strategy for Scott electronics is very effective because the firm’s labour productivity is very high with 105 compared to the industry average which is 100. This is very effective as it shows the level of recruitment and the staff the business is recruiting is doing very well which has a positive effect in the recruitment section therefore this will make the company recruit more staff which will increase the productivity of the business. Also the bonuses which is 40% and its 20% higher than the industry average, this shows that the bonuses are keeping the firms employees motivated and it drives them to work harder which mean there will be a increase in productivity and if productivity increases it will have a positive effect on the sales revenue as the company will sell more items which will increase the sales revue and profit. Also another reason why the human resource strategy for Scott electronics is very effective because it has a very unique centralised organisational structure. A centralised structure is where the entire decision making is done from the top of the hierarchy. This is an effective strategy because the entire decision making can be done from the main person who is in charge and it can be done very quickly without going through any difficulties. This is very effective because staff can work through the business objective rather than stressing on the extra responsibility they have on their shoulders which will make them stress free and become more productive. Also they can be told what to do and the managers will have control over their workforce so that employees are less likely to make mistakes or make wrong decisions which will make a negative impact the on the businesses performance. However the human resource strategy for Scott electronics is not that effective because high numbers of employees are on temporary contract which is 75% compared to the industry average which is 25%. This is bad for the business because it will make employees feel that the job security is not there and they are not guaranteed the job which the business can tell the employees that they are not in need and the employees will go away, therefore this might result in the employees not very motivated to do well and they might not think as if they are involved with the business. Also employees on temporary contract are more likely to leave the business as the labour turnover rate is at 10% which is higher than the industry average which is 6%. This is human resource strategy is ineffective because it lead to employees leaving the business every year and the business is losing experienced and valuable staff. Also another reason the human resource strategy for Scott electronics is not that effective because the training budget is below the industry average as Scott electronics training cost is ? 500 compared to the industries average which is ? 1000. This shows that the staff are not that well trained and most of the staff don’t know what they are doing sometimes or they might not know how the company operates as high level of training was not provided. This lead to the amount of defect products increased as the staffs were not well trained and they kept making mistakes therefore the numbers of defects products increased. This is one of my strongest reasons because staffs need to be well trained before they can start the job as they will know what they are doing and how they are going to carry out each task according the company structures of dealing with things. Therefore the staff need to be well trained and the business needs to increase its amount on training the staff which will allow the business to have staff that know what they are doing and make less mistakes as this will cause the staff to make less defect products. In conclusion I think that the human resources strategy is very effect to the business because average span of control for Scott’s electronic is 5 and industry average is 8. This has a greater advantage to the specific business because it will allow the business mangers to control their staff and monitor the progress which the manager can set targets and the targets can be analysed to see if they have reached the targets this will increase the productivity of the business as targets are reached and mangers have better control over their staff and the business. However I think that the current human resource strategy is not that effective to the business because the firm’s defected products are 10% and the industry average is 5% which is doubled the amount. Therefore you can tell that the strategy is not that effective as the staffs are making a lot of mistakes which will cost the business as the raw materials cost money to buy. Also this indicates that strategy is failing as staff are not well trained or may not experienced enough to work in the field which the bale goes the firms recruitment policy as the firm could have employed experienced staff which could have reduced the level of defected products.

Intelligence and Happiness in Flowers for Algernon :: Flowers for Algernon Essays

In the story "Flowers for Algernon", the main character, Charlie Gordon is a mentally retarded 37 year-old man with an IQ of sixty-eight. Although he might not have been smart, I believe that Charlie was the definition of happiness. He worked happily as a janitor, was motivated to learn, and had a great time with his so called ?friends.? After Charlie undergoes an experiment that triples his IQ, his life changes for the worse. With intelligence does not come happiness. For Charlie, Ignorance is bliss. He realizes that his so called ?friends? were just using him to entertain their perverse humor. Also, he was also fired from the job that he loved so much because his new intelligence made those around him feel inferior and scared. This sends Charlie into a short depression. His life was better before the experiment because he had a job he looked forward to and ?friends?. "Now I'm more alone than ever before," Charlie says on April 30th. He had nobody to relate to because at this point of the story, Charlie?s intelligence has already exceeded that of his teacher and the doctors. Before Charlie became smart, even the simplest things in life were good enough for him. As a genius, none of those things mattered to him. His mind was more complex, he needed more and he wanted more. As a result, he felt alone and buried himself in his work. Charlie?s experiment was temporary, and overtime his IQ regressed. Algernon, a mouse that went through the same surgery as Charlie, died. If Charlie?s hypothesis proves correct, then he will die as well. Charlie?s life was better before the experiment because he was not exposed to the risks and consequences of the surgery. Without the experiment, Charlie would still be living his ignorant but happy life. In conclusion, I believe that Charlie?s life was better before the surgery. Although ?

Business Proposal Essay

Funding Requirements14 Confidentiality Agreement The undersigned reader acknowledges that the information provided in this business plan is confidential; therefore, the reader agrees not to disclose it without the express written permission of Mr. K Seeman Durai. It is acknowledged by the reader that information to be furnished in this business plan is in all respects confidential in nature, other than information that is in the public domain through other means, and that any disclosure or use of this confidential information by the reader may cause serious harm or damage to M/s. Newsky Fireworks Limited Upon request, this document is to be immediately returned to Mr K Seeman Durai. Signature Date : 26. 05. 2013 1. Executive Summary Promoter’s Profile 1. Name:K Seeman Durai 2. Age:45 years 3. Address:No. 4859 Nethaji Road, Sivakasi 4. Educational Qualification:M. B. A. , M. I. B. 5. Years of Experience:20 years (M/s. Murugan Fireworks) Financial projections are summarised and highlighted. (Rs. In Lakhs) |Particulars |Year 1 |Year 2 |Year 3 | |Sales |50. 0 |75. 00 |90. 00 | |Exports |35. 00 |40. 00 |50. 00 | |Net Profit before Tax |15. 00 |35. 00 |50. 00 | |Investment |80. 00 |90. 00 |95. 00 | 2. Company Description Promoters and Shareholders |Name |Age |Designation |Address |No. of Shares | |K Seeman Durai |45 |Promoter |No. 859 Nethaji Road, Sivakasi |10 lakhs | | Karthik |43 |Chief Executive |No. 728, West Car Street, Trichy |1 Lakh | | | |Officer | | | | Jeya Sivasakthi |45 |Managing Director |No. 73, South Masi Road, Coimbatore. |2 lakh | |Kandan | | | | | |P. Dhanalakshmi |35 |Director |No. 83, Sarojini Road, Salem. |3 lakh | |T. Abinaya |34 |Director |No. 34, Second Street, Theni |3 lakh | |S. Aishwarya |40 |Member |No. 4859 Nethaji Road, Sivakasi |1 lakh | |S. Geetha |39 |Member |No. 73, South Masi Road, Coimbatore. |1 lakh | Advisors |Name |Educational |Role |Address |Contact No. | |Qualification | | | | |CA G Rajesh |M. Com. , F. C. A. |First Auditor |8493 Sarojini Street, Chennai|+919835748343 | |Mrs. D Sheela |M. A. ,M. L. , |Legal Advisor |857, Gandhi Road, Madurai |+919447382342 | |Mr. K Gulandaivel |B. E. , |Technical Advisror|76, Tagore Street, Vellore |+919472834234 | Products and Services †¢ Unique Selling Points : Crackers that burst with wordings regarding to the occasion. e. g. Happy Diwali, Happy New Year, Happy Married Life etc. ) Long Term Aim of the Business â€Å"To provide Eco-Friendly Crackers† Objectives |Particulars |I |II |III |IV |V | |Sales |50. 00 |75. 00 |90. 00 |95. 00 |100. 00 | |Exports |35. 00 |40. 00 |50. 00 |55. 00 |60. 00 | |Employment |2. 00 |2. 15 |2. 25 |2. 50 |2. 60 | SWOT Analysis Strengths |Weaknesses | | | | |Investments and Professionals | | |Opportunities |Threats | | | | |Everlasting Demand |Competitions | 3. Market Analysis Target Market Market Segmentation Profile of Competitors Main Competitors would be : †¢ Arasan Groups of Fireworks Industries †¢ Kaliswari Fireworks †¢ Sony Fireworks Competitive Advantage We have the following Competitive Advantages †¢ Unique features †¢ Price †¢ New technologies or systems †¢ Better value to customers in terms of efficiency †¢ Greater compatibility with existing systems †¢ Include any independent validation or case studies Benefits to Clients Our product provides to potential customers in terms of their own business goals. It enable them to: †¢ Increase sales †¢ Increase efficiencies Save money †¢ Save time †¢ Maximise resources †¢ Reduce errors †¢ Reduce downtime †¢ Improve Customer Service, reduce churn, increase loyalty 4. Marketing/Sales Strategy Marketing Strategy †¢ The Southern Tamil Nadu zone is to be concentrated first and youngsters are to be focused †¢ Followed by youngsters, children, adults are to be concentrated †¢ Youngsters are the potential customers already targeted †¢ Test site in operation are will be conducted, and feedback will be analysed properly †¢ Agents and Representatives are expected for marketing Sales Strategy The major Sales Strategy is to sell directly and by means of distributors. Particulars |Direct Sales |Through Distributors | |Composition |25% |75% | |Cost Involved |10/unit |7/unit | |Pricing |Penetration |Penetration | Pricing †¢ Competitors Price is higher than our price †¢ There is a sufficient level of competition in the market †¢ Production costs and overheads are expected to be 60% of sales †¢ The buyer can control the price to a c onsiderable level. Marketing and Communications Strategy Advertising and Publicity will be the active source of Promotion. Advertising : Through televisions and newspapers. It is targeted to audience all over the state at the initial level Publicity : Banners have been planned to be placed at various hot locations 5. Research and Development Process [pic] Research and Development It has been planned to organize a R&D Department that would be actively engaged in the research of Eco-friendly crackers and to come up with various innovative ideas. 6. Staffing and Operation Management Organisation Chart Staffing †¢ Department Managers are to be appointed by the Board of Directors. The selection criteria for the same would be Educational Qualification, Experience, Age etc. , Department Managers are given the power to recruit employees for their concerned departments for which selection criteria is to be set by the directors. †¢ Skilled, Semi-Skilled and Unskilled Workers are to be utilised for various production processes. The same would be procured from the nearest locations at a reasonable cost. Tr aining Plans Training Programmes are to be conducted at regular intervals in order to enhance the efficiency of the skill levels of the workers. 7. Financial Projections IKey Assumptions10 IIBalance Sheets11 IIICashflow12 Requirements for Preparation of Projections 6. Opening figures included based on latest Mgmt/Audited accounts 7. Shareholders Fund analysed into Share Capital, Share Premium and Retained Profits 8. Sales Assumptions provided by unit, price segment & geography and reconciled to pipeline 9. Expenditure categorised into R&D, Admin and Overheads and Promoters / key managers salaries 10. Identification of monthly and cumulative company operational deficits 11. Sensitivity analysis may be required, detailing strategies to be implemented if sales or expenditure targets are not met. 12. Projections should identify separately Operational Cash Flow and external Cash Injections IKey Assumptions |Particulars |Year 1 |Year 2 | |No. f Employees |250 |300 | |Investments in Equipment |1,50,00,000 |1,55,00,000 | |Projected R&D costs |25,00,000 |20,00,000 | |Depreciation allowed for |12,00,000 |11,50,000 | |Expected rent and rates charges |5,00,000 |5,00,000 | |Creditor days expected |45 |60 | |Debtor days allowed |60 |60 | IIIBalance Sheets IVCashflow 9. Funding Requirements |S. No. |Sources |Amount | |1. |Equity Shares of Rs. 10 each |Rs. 60 crore | |2. |10% Preference Shares of Rs. 100 each |Rs. 25 crore | |3. |8% Debenture of Rs. 100 each |Rs. 25 crore | |4. |Term Loans |Rs. 10 crore | Required for: †¢ Equipment:10 crore †¢ R&D:15 crore †¢ Marketing:2 crores †¢ Staffing:6 crores ———————– 26. 05. 2013 Newsky Firework Limited Business Proposal K Seeman Durai & Group

Writing a Personal Journal

A journal is a written record of incidents, experiences, and ideas. Also known as a  personal journal,  notebook, diary, and log. Writers often keep journals to record observations and explore ideas that may eventually be developed into more formal essays, articles, and stories. The  personal journal is  a very private document, says  Brian Alleyne, a place where the author records and reflects on lifes events. Knowledge of the self in the  personal journal is  retrospective knowledge and therefore potentially narrative self-knowledge (Narrative Networks, 2015). Observations The writers journal is a record of and workbook for your writing life. It is your repository for bits of experience, observation and thought destined for eventual use in one writing project or another. The entries in a personal journal tend to be abstract, but the entries in a writers journal should be concrete. (Alice Orr, No More Rejections. Writers Digest Books, 2004)All of us who keep journals do so for different reasons, I suppose, but we must have in common a fascination with the surprising patterns that emerge over the years—a sort of arabesque in which certain elements appear and reappear, like the designs in a well-wrought novel. (Joyce Carol Oates, interviewed by Robert Phillips. The Paris Review, Fall-Winter 1978)Think nothing too trifling to write down, so it be in the smallest degree characteristic. You will be surprised to find on reperusing your journal what an importance and graphic power these little particulars assume. (Nathaniel Hawthorne, letter to Horatio Bridge, May 3, 1843) Poet Stephen Spender: Write Anything I feel as though I could not write again. Words seem to break in my mind like sticks when I put them down on paper. . . . I must put out my hands and grasp the handfuls of facts. How extraordinary they are! The aluminum balloons seem nailed into the sky like those bolts which hold together the irradiating struts between the wings of a biplane. The streets become more and more deserted, and the West End is full of shops to let. Sandbags are laid above the glass pavements over basements along the sidewalk. . . . The best thing is to write anything, anything that comes into my mind until there is a calm and creative day. It is essential to be patient and to remember that nothing one feels is the last word. (Stephen Spender, Journal, London, September 1939) Orwells Notebook Entry Curious effect, here in the sanatorium, on Easter Sunday, when people in this (the most expensive) block of chalets mostly have visitors, of hearing large numbers of upper-class English voices. . . . And what voices! A sort of over-fedness, a fatuous self-confidence, a constant bah-bahing of laughter abt nothing, above all a sort of heaviness and richness combined with a fundamental ill will. (George Orwell, notebook entry for April 17, 1949, Collected Essays 1945-1950) Functions of a Journal Many professional writers use journals, and the habit is a good one for anybody interested in writing, even if he or she has no literary ambitions. Journals store perceptions, ideas, emotions, actions—all future material for essays or stories. The Journals of Henry Thoreau are a famous example, as are A Writers Diary by Virginia Woolf, the Notebooks of the French novelist Albert Camus, and A War-time Diary by the English writer George Orwell. If a journal is really to help you develop as a writer, youve got to do more than compose trite commonplaces or mechanically list what happens each day. You have to look honestly and freshly at the world around you and at the self within. (Thomas S. Kane, The New Oxford Guide to Writing. Oxford University Press, 1988) Thoreaus Journals As repositories of facts, Thoreaus journals act like a writers warehouse in which he indexes his stored observations. Here is a typical list: It occurs to me that these phenomena occur simultaneously, say June 12, viz:Heat about 85 at 2P.M. True summer. Hylodes cease to peep. Purring frogs ( Rana palustris) cease. Lightning bugs first seen. Bullfrogs trump generally. Mosquitoes begin to be really troublesome. Afternoon thunder-showers almost regular. Sleep with open window (10th), and wear thin coat and ribbon neck. Turtles fairly and generally begun to lay. [15 June 1860] In addition to their function as storage, the journals constitute a complex of processing plants as well, where the notations become descriptions, meditations, ruminations, judgments, and other types of studies: From all points of the compass, from the earth beneath and the heavens above, have come these inspirations and been entered duly in the order of arrival in the journal. Thereafter, when the time arrived, they were winnowed into lectures, and again, in due time, from lectures into essays (1845-1847). In short, in the journals, Thoreau negotiates the transformation of facts into forms of written expressions that have entirely different orders of resonance . . .. (Robert E. Belknap, The List: The Uses and Pleasures of Cataloguing. Yale University  Press, 2004) A Contrarians View People ask whether I use a notebook, and the answer is no. I think a writers notebook is the best way there is to immortalize really bad ideas, whereas the Darwinian process takes place if you dont write anything down. The bad ones float away, and the good ones stay. (Stephen King, quoted in Whats on Stephen Kings Dark Side? by Brian Truitt. USA Weekend, October  29-31, 2010) Are Journal-Keepers Introspective or Self-Absorbed? Some people like to keep a journal. Some people think it’s a bad idea. People who keep a journal often see it as part of the process of self-understanding and personal growth. They don’t want insights and events to slip through their minds. They think with their fingers and have to write to process experiences and become aware of their feelings. People who oppose journal-keeping fear it contributes to self-absorption and narcissism. C.S. Lewis, who kept a journal at times, feared that it just aggravated sadness and reinforced neurosis. Gen. George Marshall did not keep a diary during World War II because he thought it would lead to self-deception or hesitation in reaching decisions. The question is: How do you succeed in being introspective without being self-absorbed? (David Brooks, Introspective or Narcissistic? The New York Times, August 7, 2014)