Friday, December 27, 2019

Abraham Maslow And Carl Rogers - 872 Words

Humanistic Key Figures: Just list the key people associated with the theory Abraham Maslow and Carl Rogers Key Concepts of Personality Formation: This should be about two paragraphs discussing the key concepts of the theory and how they relate to personality development. Do not just list! Abraham Maslow developed a holistic theory. He believed that people have a set of basic needs that are prearranged in a hierarchical order. These needs will begging with biological need and would evolved to needs of safety, love, belonging, and self-esteem. These needs exert a strong influence on people’s behavior and personality. Maslow also exposed the concept of self-actualization (need to develop one’s complete potential). He believed that the need of self-actualization exist in every person, (Davis Palladino, 2004). Carl Rogers contributed with many concepts. Congruence – refers to the nonexistence of clashes between the perceived self and experience. It is essential for the application of growth and therapy treatments. Incongruence – refers to the presence of an inconsistency between the perceived self and experience. The self or Self-concept – The perceptions and meanings related to the self or â€Å"I†; three components: self-worth, self-image, and ideal-self. Self-worth (or self-esteem) – refers to the whet we believe of ourselves. Rogers believed that this was developed during childhood and formed by the interactions of the child and his/her parents or caregivers. Self-image –Show MoreRelatedAbraham Maslow And Carl Rogers1898 Words   |  8 Pagesadvancement of positive human experience. Abraham Maslow and Carl Rogers are from a Humanistic way to deal with thought and are two of the organizers of Humanistic psychology. Rogers and Maslow occupied with an idea of self-realization and attributes and the prerequisites to accomplish it. They thought about a large number of the same inquiries sought after by constructive analysts, in what capacity can advisors manufacture moral obligation? Carl Rogers treatment created from his conviction thatRead MoreExamining Abraham Maslow and Carl Rogers Theories863 Words   |  3 PagesI hereby will be focusing on Humanistic Perspectives by examining Abraham Maslow and Carl Rogers’s theories. I will examine their theories, by starting with Carl Rogers’s theory then Abraham Maslow’s theory. I will also evaluate the human perspectives and apply Abraham Maslow’s theory to my o wn life. Roger’s Person-centred Carl Roger was one of the founders of human potential movement, he agreed with the main assumptions of Maslow but he added that for an individual to grow they need an environmentRead MoreHumanistic Theories Debate On Abraham Maslow And Carl Rogers1617 Words   |  7 Pages Humanistic Theories Debate Team B – Anthony Garcia, Becky Billison, Cher Keen, Britanie McKernan, Megan Groulx PSY/310 September 7, 2015 Dr. Sadie Fine â€Æ' Humanistic Theories Debate In the debate between Abraham Maslow and Carl Rogers, both whom are humanistic theorists that share a mutual interest in the teachings of self-actualization, will discuss the specifics of their individual theories regarding the main points, their contributions, and the criticism they have received about their theoriesRead MoreThe Theory Of Self Actualization Essay940 Words   |  4 Pagesare: Abraham Maslow, Carl Rogers and Viktor Frankl alone with many others. These three psychologist had studied and constructed the theory of self-Actualization and the meaning of life. They have agreed that self-actualization represents growth of an individual towards fulfillment of the highest need. Roger’s created the theory implicating, growth potential, by focusing on the, real self and the, ideal self, implying that this come with a full functioning person (Roger, Carl R., 2007) . Maslow, reflectsRead MoreBiological And Humanistic Concepts Of The Maslow s Hierarchy Of Needs1364 Words   |  6 PagesPersonality In this paper, I will show you how Abraham Maslow and Carl Rogers agreed on the Maslow’s hierarchy of needs and also the biological and humanistic approach. â€Å"The hierarchy of needs theory remains valid today for understanding human motivation, management training, and personal development† (Orana, 2009). Maslow’s book Personality and Motivation was published in 1954 introducing his theory of the hierarchy of needs. Abraham Maslow Abraham Maslow (1908-1970) first introduced his conceptRead Moresimilarities and differences between greece and ancient rome educational sytems2560 Words   |  11 PagesAn application of Abraham Maslow s Hierarchy of Needs to Carl Rogers 10 Principles of Learning An Application of Abraham Maslow s Hierarchy of Needs to Carl Roger’s 10 Principles of Learning Colin W Lambert Regent’s College School of Psychotherapy Counselling Psychology This paper was produced as part of the Foundation Course of RCSPCP Summer Intensive 2011 All correspondence concerning this paper should be addressed to Colin Lambert 34 South Molton Street London W1K5RG E-mail:Read MoreDescription in Detail of the Humanistic Theories by Rogers and Maslow1517 Words   |  7 Pagespersonal growth. People like Carl Rogers who have brought about person-centred theory and Abraham Maslow who has developed a hierarchy of needs, where he emphasized on self-actualization. There is an evaluation on both Rogers and Maslow theories, on how they are based on their own assumptions and views, and I apply Maslow’s theory of self-actualization into my own personal life. 2. Description in detail of the Humanistic theories by Rogers (person-centred) and Maslow (self-actualization) and theRead MoreEssay Development and Diversity1006 Words   |  5 PagesModule 2 Assignment: Development and Diversity The purpose of this assignment is to explain the main components of the humanist theory. Two American psychologists, Abraham Maslow and Carl Rogers paved the way for this new approach to understanding personality and improving the overall satisfaction of individuals. Next, I will show how the humanist theory is used in the classroom and what problems are possible. Finally, a 3rd grade learning activity that uses some aspect of the humanist theory willRead MoreA Case Study On Shazad Hussain Essay1149 Words   |  5 PagesThis paper presents a case study on Shazad Hussain. Shazad is a 41-year old who is married with two children. This case study will focus on the developmental theories of Erik Erikson, Abraham Maslow, and Carl Rogers as they are applied to Shazad. Situational evidence from Shazad’s life is provided to either support or refute the theories of these renowned psychologists. A Case Study of Shazad Hussain In the following assignment I am going to conduct a human growth and development case studyRead MorePersonality Is A Of A Coherent Picture Of An Individual948 Words   |  4 Pages1960’s, psychologists such as Abraham Maslow and Carl Rogers focused on the ways that â€Å"healthy† people behaved and reacted, as compared to Freud’s studies of â€Å"sick† people. Maslow and Rogers, who were deemed humanistic terrorists, were the first to genuinely study individuals in this way. While Maslow focused on the ways that humans progress through their needs, Rogers focused more on the environment in which individuals flourish psychologically. Abraham Maslow was an American psychologist who

Thursday, December 19, 2019

The Benefits Of Cost Segregation - 997 Words

Advantages of Cost Segregation Cost segregation is the process of grouping or classifying assets into different categories for the purpose of calculating depreciation values, in a way that can be beneficial for the business, to an extent that can be allowed. It is a legitimate tax saving strategy that is often overlooked due to the complexity and lack of proper guidelines in the past. However, in 1997, the court ruling in the case of Hospital Corporation of America (109 TC 21) has set a precedent for many tax payers to pursue cost segregation. The key benefits of cost segregation are increased cash inflow, bonus depreciation, write-off provisions, and property tax savings. Background Assets such as land, factory, and machinery used in production are some of the most significant investments for businesses. Businesses must capitalize these long term assets and can allocate the costs over the useful life of the assets as they are subject to obsolescence, wear and tear. Before 1981, both tax and financial accounting calculations for depreciation were similar; tax payers choose one of the various methods available. In 1981, tax and financial accounting depreciation methods parted ways when Congress introduced the Accelerated Cost Recovery System (ACRS) for computing depreciation expense. 1 This later paved way for the MACRS – Modified Accelerated Cost Recovery System, which is widely used even today. The method, recovery, period and convention of MACRS vary based on whetherShow MoreRelatedRacial Issues and Segregation in Schools Today724 Words   |  3 Pagescan be answered by, â€Å"I attend a Black school.† Schools are still segregated today, over a century after slavery ended, about 60 years after segregation was illegal. It takes time to adapt to such dramatic changes like being forced to integrate, but the fact of the matter is, school segregation is still an issue today. Having our children exposed to segregation from such a young age is a problem. It is important for everyone to see as human beings that this issue is not personal, but it affects usRead MoreUniversal Healthcare in the United States1615 Words   |  6 PagesAffordable Care Ac in 2010, the united States had an individual insurance market. It was the responsibility of the individual or their employer, to take care of their healthcare costs. On top of this millions of people could be denied insurance by different agencies due to pre-existing claims. Healthcare was expensive, but the costs were nothing compared to the medical bills owed by an uninsured person. Universal healthcare is a basic right not a privilege. Everyone should be given the opportunity to haveRead MorePersuasive Essay On Prison Segregation1490 Words   |  6 PagesWhen it comes to segregation in prisons, there is a great deal of controversy. There are people who argue that this type of segregation (also referred to as solitary confinement) is necessary in certain situations, while others find that it is absolutely unnecessary and should be abolished. Ashley Smith was one such individual that spent most of her sentence in segregation until she took her own life. In the case of Smith, there was a lot more that should have been done to prevent her tragic demiseRead MoreTax Research Paper1650 Wor ds   |  7 Pagesbuildings.    When AmeriSouth purchased Garden House, they undertook a $2 million renovation of the units that replaced the cabinets, countertops, dishwashers, garbage disposals, vent hoods and kitchen sinks. AmeriSouth hired MS Consultants to do a cost-segregation study. Although the AmeriSouth had originally listed Garden House as a 27.5 year property in its records, MS advised the company to depreciate some of the items replaced in the renovation (such as sinks,  electrical wiring, outlets and paint)Read MoreUniversal Healthcare: The benefits Outweigh the Costs Essay1686 Words   |  7 PagesAffordable Care Ac in 2010, the United States had an individual insurance market. It was the responsibility of the individual or their employer to take care of their healthcare costs. On top of this, millions of people could be denied insurance by different agencies due to pre-existing claims. Healthcare was expensive, but the costs were nothing compared to the medical bills owed by an uninsured person. Universal healthcare is a basic right not a privilege. Everyone should be given the opportunity toRead MoreWorldcom Capstone1137 Words   |  5 PagesWorldCom Inc. – Capitalized Costs an d Earnings Quality September 12, 2012 Concepts a. (i.) According to FASB Statement of Concepts No. 6, paragraph 25, assets are probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events. They represent probable future economic benefits controlled by the enterprise. According to FASB Statement of Concepts No 6, paragraph 80, expenses are outflows or other using up of assets or incurrencesRead MoreKoss Case Essay examples640 Words   |  3 Pagessimilar fates. Although there are situations where the cost would outweigh the benefit, I think it is still important for internal controls to be tested. There could be a provision for these smaller companies to have a smaller scale attestation of internal control effectiveness if they show that the costs outweigh the benefits. 5.) I think the big overall internal controls, especially in this Koss case, reside around lack of segregation of duties, appropriate authorization, and too much potentialRead MoreThe School Finance Reform Is Focused On The Distribution Of Funds Across Rich And Poor District Schools990 Words   |  4 Pagesdistricts would be given more funding but such aid may not trickle down to poorer students. Scholars view that equitable financial allocation would raise the status and quality of schools, both high and low-income. However, individual students would not benefit significantly from the reforms. Perhaps this was the reason the Kentucky Educational Reform Act [KERA] was passed in 1990 (The Politics of School Finance, 2016). The reform served the needs of poor students since funding was calculated on the basisRead More Segregation Essay examples824 Words   |  4 Pagesof law; nor nbsp;nbsp;nbsp;nbsp;nbsp;deny to any person within its jurisdiction the equal protection of the laws. Segregation is a violation of this amendment; therefore, making it unconstitutional. If segregation is unconstitutional then why is segregation still present in our school system? nbsp;nbsp;nbsp;nbsp;nbsp;Racial segregation is strongly linked to segregation by class: nearly 90 percent of intensely segregated schools for Blacks and Latinos are also schools in which at least halfRead MoreA Public Housing Building Program1101 Words   |  5 Pagesthe alternative, a public housing building program, would not work but by bringing in better rent regulation and controlling the greed of landlords might be solve the poverty in low income neighborhood. Also by improving wages and providing decent benefits while reducing the huge tax subsidies handed out annually to the rich. Desmond states two kind of freedoms â€Å"the freedom to profit from rents and the freedom to live in a safe and affordable home (2016: 308). Conclusion African-Americans in everywhere

Tuesday, December 10, 2019

Elephant Noises free essay sample

Sixteen months ago, the now-retired band director handed me a black case and said: â€Å"It’s an alto saxophone. You’ll play in the marching band in September.† It was June! In the three months before band camp, I had to learn everything: key fingerings, scales, quarter notes, eighth notes and dozens upon dozens of sixteenth notes. I was overwhelmed, but I had never given up on anything and wasn’t about to start. That whole summer, I locked myself in my room and practiced until my lips bled. Eventually, instead of loud, blaring noises that sounded like stampeding elephants, I started connecting phrases and making music. I had taught myself to play the saxophone! By the last week of July, I was feeling pretty confident, but as soon as I walked into the band room, my mind went blank. In addition to being wracked with nerves, I felt left out of the â€Å"band bond† that everyone else seemed to share. We will write a custom essay sample on Elephant Noises or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I became determined to prove that I could perform as well as everyone else. During camp I worked harder than ever, this time on the drill. I analyzed each step and highlighted the drill sheets. Every measure of my music was marked with the steps. For four weeks I pushed harder than I ever thought possible. My biggest problem proved to be marching and playing at the same time, which, unfortunately, is unavoidable in marching band! While part of me was sure I would never master this, the stubborn part of me was too determined to call it quits. Then one night, I amazed myself by marching and playing at the same time! I nearly danced out of formation, I was so happy! When the last Friday in August arrived, the night of the first game, I was still nervous. You would have thought that my sax had a vibrato, I was shaking so hard. I was determined, though, and focused on what I knew I could do. When the show ended, I hardly realized it. I stood at attention, every muscle in my body doing exactly what it was supposed to, except my face muscles. I was grinning from ear to ear. It was one of my proudest moments. As the football season continued, I smoothed out my performance and bonded with the other musicians. I was satisfied, and proud of myself. As we boarded the bus after the final game, I could hardly wait for next season. I continued to play in concert band, and as school let out, I found August sneaking up on me. That summer, I worked every bit as hard as I had the year before. This summer, however, the band was told to memorize our music. Before I could even say, â€Å"I can’t!† I decided to prove myself wrong, which, after much practice, I did! With hours of perseverance, I managed to get a handle on the new material. Still, on the first day of band camp, I felt almost exactly as I had 365 days before. This year, though, I felt more a part of the ensemble, and it was easy to work together as a team. Again, the last Friday in August arrived. Then it was halftime and suddenly, there I was with the marching band ready to start the show. That field show proved a turning point in my life. Since I did not have music three inches in front of my face, I was able to see not only where I was going on the field, but also in life. By the last note, I realized how much I had grown during the past year. Until 16 months ago, I had never really struggled with anything, but having to learn something from scratch, practically on my own, made me realize that not everything will be easy. It has become clear that if I want to succeed, I will need to try new things and take big risks. Working with the other instrumentalists also taught me to be part of a team and allowed me to rely on others, which I have always been reluctant to do. I have invested boundless time, sweat, tears and heart in playing the saxophone in marching band, which has pushed me to new limits, physically, mentally and emotionally. I have learned to open myself up to every aspect of a new experience. I have learned just how far determination, dedication and embracing a goal can take me. I have learned not only to help myself, but also how to rely on others. The lessons I have learned in marching band will help me in life, and I am grateful for the chance to have learned them.

Tuesday, December 3, 2019

Management Prospective

Executive Summary This report entails an analysis of HSBC Holdings, which operates in the banking industry. The firm has established a network of banks in different parts of the world. The report is organised into a number of parts. The first part outlines the company’s profile.Advertising We will write a custom report sample on Management Prospective-HSBC Holdings PLC specifically for you for only $16.05 $11/page Learn More A brief background analysis of the company is illustrated by outlining the firm’s history, vision, mission, and organisational chart. The second part entails identification of the major challenges facing the firm. The two main challenges identified related to employee turnover and exposure to risks associated with climate change. The report outlines and explains recommendations on the strategies that the firm should consider in dealing with the identified challenges. The report also outlines how the firm can enhance imp lementation of the strategies identified by incorporating effective managerial roles. Finally, the performance measurement of the strategies and ethical issues that the firm might encounter are analysed. Introduction HSBC Holdings is a public limited company that operates in the global banking and financial services industry. The firm was founded in 1865 and it operated under the name â€Å"The Hong Kong and Shanghai Banking Corporation† (Reuters 2013). Its name was changed in 1991 to its current name, HSBC Holdings PLC. The firm has established over 9,500 financial institutions in Africa, South and North America, Asia, Europe, and the Middle East. The firm has a human resource base of over 310,000 employees. HSBC has established a number of branches in the UAE. One of its branches is located at Abu Dhabi, UAE (HSBC 2013).Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Vision The f irm intends to position itself as the leading international bank in the UAE. Mission Since its inception, HSBC has been focused on connecting customers with diverse opportunities, hence aiding them to achieve their dreams and ambitions. Moreover, the firm is committed towards supporting businesses in their operations. Figure 1 Organisational chart Source: (HSBC 2013) Challenges faced by the organisation In the course of its operation, HSBC faces numerous challenges emanating from the external business environment. Employees play a critical role in organisations’ effort to develop competitive advantage. Consequently, it is imperative for organisations to develop and maintain a strong human capital base. According to Griffin (2012), organisations should implement effective measures to discourage labour turnover.Advertising We will write a custom report sample on Management Prospective-HSBC Holdings PLC specifically for you for only $16.05 $11/page L earn More A study conducted by Larissa (2012) shows that employee recruitment and retention are major challenges experienced by both private and public organisations in the UAE. Employee turnover has adverse effects on an organisations’ financial stability (Dan et al. 2013). It is estimated that employee turnover cost organisations 15, 180 Dirhams annually. Apart from monetary cost, there are other non-monetary costs associated with employee turnover. For example, employees who leave the organisation may join the competing firms. This aspect poses a major threat with regard to a firm’s competitiveness (Mollenkamp 2012). By hiring employees who leave a particular organisation, competing firm may access knowledge and skills critical to an organisation’s competitiveness. In a bid to achieve the desired level of competitiveness, HSBC should ensure that it develops sufficient competitiveness with regard to human capital, which highlights the need to formulate and a dopt effective human resource management practices in the firm. The second challenge facing the firm relates to the occurrence of climate change. HSBC operates as a credit lending institution. Consequently, the firm issues loans to both individual and institutional investors. Firms in the banking industry are associated with climate change, as they provide financial capital to investors who in some instances, invest in activities that contribute to greenhouse gas [GHGs] emissions (Saleem 2010).Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In line with its commitment towards improving the customers’ life, HSBC does not discriminate with regard to issuing loans. The bank issues loans to virtually all firms in different economic sectors. In the course of operation, organisations have an obligation to operate in a corporate social responsible manner. Lawson (2012) opines, â€Å"Management without caring needs and expectations of stakeholders in a community will not be competitive compared with those who do in the 21st century† (p.103). Internal and external business environment SWOT analysis Strengths The bank has a strong capital base, thus it can perform well in the global market compared to other banks despite the recent economic fluctuations. The firm has effectively positioned itself in emerging markets. The bank’s presence in Africa, Asia, the Americas, and the Middle East has helped the firm spread risk by achieving economies of scale. The firm has developed a strong brand that is internat ionally recognised. Weaknesses The firm emphasises on developing a global brand. Some customers may perceive the bank as one that lacks personalisation. The firm recently announced a redundancy program that is likely to affect the employees’ morale. Opportunities The bank’s strong capital base presents a perfect opportunity for the firm to position itself in the global banking industry. The banks strong capital may enable the firm develop its client base and market share. Threats Occurrence of financial losses may affect the firm’s ability to meet its objectives. Declining investors’ trust on banks due to fraud and financial losses Increase in competition in the financial sector. Multinational banks are increasingly venturing into emerging markets such as the UAE. Internal  business environment The internal business environment is comprised of different elements, which include employees, corporate culture, the management and leadership processes , and employees (Hiriyappa 2008). Below is an analysis of the firm’s internal business environment. Employees The success of any business is dependent on the quality of human capital. Consequently, employees rank amongst the most important organisational assets. Therefore, it is important for organisations to ensure that their workforce has skills, attitude, and culture that align with the company. HSBC is committed towards developing a strong human capital base. Moreover, the firm is cognisant of the importance of ensuring creating an environment conducive for working (Craig Campbell 2012). Corporate culture It is important for firms to develop effective organisational culture. The organisational culture is comprised of a number of aspects, which include understanding the organisation’s mission, vision, values, and integrating effective management style. In the course of its operation, HSBC has formulated organisational values that outline how its employees should in teract with various stakeholders such as customers and regulators. The firm’s organisational culture has played a critical role in establishing a strong relationship with its customers and the community. Moreover, the firm has formed an organisational culture that is open to different cultures and ideas. In addition to organisational culture, a number of organisational principles guide the firm, which includes risk management, efficiency, speed, quality, customer-focus, integration, and sustainability. Management and leadership The firm has adopted an effective management and leadership style. The firm’s management style has enabled it to deal with changes emanating from the external environment. On the other hand, the leadership style adopted by the firm has led to the development of an environment conducive for working. Moreover, the management and leadership styles have contributed towards improvement in the employees’ level of job satisfaction (Tripathi Red dy 2006). Capabilities In the course of their operation, it is important for organisations to focus on developing their core competencies. The firm has developed a number of core competencies, which include quality, efficiency, speed, customer focus, and performance focus. These core competencies have contributed towards the development of a firm’s competitiveness. External business environment HSBC is affected by changes that emanate from the external business environment. According to Bates (2005), the external business environment can be categorised into two, which include the task and the general business environment. The chart below illustrates the sources of external forces facing HSBC. Source: (Bates 2005) The chart above shows that forces emanating from the external business environment affect HSBC. The two main categories of task environment include customers, suppliers, competitors, intermediaries, and the labour market. On the other hand, the general environment i ncludes the political, legal, economic, social, technological, and the international environment (Ekins 2000). Customers Harrison and John (2010) posit that customers are a key component in the success of organisation in a particular industry. In their pursuit for profitability, organisations have to ensure that their strategies are focused towards satisfying customers and ensuring that they achieve a unique customer experience. Failure to meet the customers’ expectations may lead to a decline in the level of customer loyalty and hence the firm’s profitability. Suppliers HSBC is cognisant of the importance of developing a strong relationship with suppliers. The firm has formulated a comprehensive and inclusive procurement strategy. The firm procures products and services from diverse suppliers and their relationship is robust. Moreover, the firm expects its suppliers to comply with the set of ethical standards. Competitors Businesses face direct and indirect competitor s. HSBC may be affected by competition from both local and multinational companies. The firm faces intense competition from a number of banks in the UAE, which include the Abu Dhabi Islamic Bank, Mashreq Bank International, National Bank of Abu Dhabi, Emirates Bank International, and the Dubai Islamic Bank. Increase in the intensity of competition in the UAE will have adverse effects on the firm’s ability to maximise its profitability (Hashmi 2007). The chart below illustrates a summary of the external environment. In addition to the above factors, the firm may also be affected by changes in the political, legal, social, economic, and technological environments. Political forces The UAE has a stable political environment, and thus, the firm faces a relatively low political risk. Economic forces The country has undergone significant economic growth especially in the real estate sector. Thus, country’s investment demand has increased significantly. Social forces T he country is largely Islamic. Islam plays a significant role in business. Technological forces Technological changes such as the emergence of online and mobile banking may affect the firm’s competitiveness. Legal forces The UAE legal system is not adequately developed compared to other countries such as the US. For example, court proceedings take a long time to be completed. Strategic considerations and planning In a bid to address the challenges faced, the following strategies will be taken into account. Organisational identification The achievement of the set organisational goals and objectives is greatly dependent on the employees’ behaviour, which is influenced by the extent of employee and organisational identification. Organisational and employee identification plays a critical role in motivating employees to continue staying in an organisation. In a bid to develop organisational identification, the firm will focus on improving the employees’ behav iour, knowledge, and attitude towards the firm. The following strategies will be adopted in order to minimise employee turnover. Reward management The firm will formulate a comprehensive reward management policy. The policy will comprise both monetary and non-monetary benefits. Some of the non-monetary benefits that will be considered include recognising employees who depict optimal performance and job promotions by conducting a comprehensive performance appraisal, thus ensuring that employees are fairly rewarded. The firm’s management team will also ensure that it is effective in executing its organising functions. The firm will ensure that the jobs are designed in such a manner that they contribute toward enriching employees (Carpenter et al. 2011). Inclusive decision-making HSBC will also incorporate employees in the decision-making process by seeking the opinion of the employees before implementing decisions that might affect them. Consequently, transformational leadershi p style will be integrated. Employee inclusion will play a critical role in minimising resistance from the employees and to ensure that employees are integrated adequately in the decision making process, the firm will ensure effective directing by nurturing communication, leadership, and effective supervision. Employee training The firm will also focus on assisting employees to achieve their career goals by integrating comprehensive employee-training programs. Through the training program, the firm will develop the employees’ skills and knowledge. Consequently, the firm will increase the rate of employee retention and undertake comprehensive control on its training program in order to ensure that it meets the desired results. Environmental sustainability The firm is aware that climate change may affect some of its customers and hence their ability to repay loans (Hitchcock Willard 2012). In order to deal with the risks associated with climate change, the firm will integrate the concept of environmental sustainability by ensuring that its operations do not contribute to environmental pollution, either directly or indirectly. First, the firm will be committed towards ensuring that its customers do not utilise the loans issued in a manner that contributes to climate change. Before advancing credit to its customers, the firm will require customers to outline how they will ensure that the loans issued do not increase environmental pollution. Secondly, the firm will be committed towards minimising the number of greenhouse gases emitted in its operation, either directly or indirectly by setting a benchmark of reducing its greenhouse gas emissions by 30% within one year. In a bid to achieve this objective, the firm will shift to utilising renewable and clean forms of energy such as biofuels, solar power, nuclear energy, and wind energy. By integrating such forms of energy, HSBC will minimise controls from the government (Luo 2011). For example, the firm will a void carbon tax and ensure that the employees are adequately motivated in order to continue working in the organisation. Performance measurement In a bid to determine its success with regard to implementing the above strategies, the following key performance indices will be evaluated. Improving the rate of employee retention with a margin of 40% by evaluating the rate of employee attrition per annum in order to determine the effectiveness of the strategies integrated in order to improve organisational identification HSBC will conduct a survey on its employees in order to determine their attitude towards the organisation and their job and evaluate the degree to which the strategies implemented have contributed towards improvement in the level of job satisfaction amongst the employees. The firm will also evaluate whether its environmental sustainability strategies have contributed to the reduction of ‘financed emissions’ by 30% within one year of its implementation. Eval uating the company’s rating by renowned rating agencies such as Moodys and Standard Poors on environmental sustainability Ethical issues that might arise Decision-making issues: some employees might compromise the decision-making process by making unrealistic recommendations and opinions, which may increase the amount of time required to implement a particular decision, and thus the intended outcome might not be achieved. Compliance and governance issues: despite integrating requirements for customers to utilise the funds issued in a manner that does not contribute to environmental pollution, some customers might not fully comply; thus, the firm might not achieve its goal. Integrity and trust: despite integrating a training program in an effort to increase the rate of employee retention, some employees might leave the organisation. Consequently, HSBC might not achieve its intended goal in designing the program. Conclusion This paper depicts HSBC as an organisation that is committed towards satisfying its clients. However, the firm might be subject to changes in the external and internal business environment. Consequently, it is imperative for the firm to integrate strategies to deal with challenges that emanate from the external and internal business environments. By integrating the concept of organisational identification and environmental sustainability, the firm will be in a position to improve its competitive advantage. Reference List Bates, B 2005, Business management; fresh perspectives, Pearson Education, Cape Town. Carpenter, M, Bauer, T Erdogan, B 2011, Principles of management and organisational behaviour, Deone Zell, New York. Craig, T Campbell, D 2012, Organisations and the business environment, Routledge, Chicago. Dan, O, Muyia, F Holmer, T 2013, Consequences of employee turnover in the banking industry; a review of selected literature. Web. Ekins, P 2000, Economic growth and environmental sustainability: The prospects for green grow th, Routledge, New York. Griffin, R 2012, Management, Learning Customer Publishing, Mason. Harrison, J John, C 2010, Foundations in strategic management, Cengage, Mason. Hashmi, A 2007, ‘An analysis of the United Arab Emirates banking sector’, International Business and Economics Research Journal, vol. 6 no. 1, pp. 1-12. Hiriyappa, B 2008, Strategic management for chartered accountants, New Age International, New Delhi. Hitchcock, D Willard, M 2012, The business guide to sustainability: practical strategies and tools for organisations, Routledge, New York. HSBC: Supplier information 2013. Web. Larissa, Z 2012, Human capital retention in the UAE, a brief review. Web. Lawson, K 2012, New employee orientation training, Routledge, New York. Luo, Z 2011, Green finance and sustainability: environmentally aware business models and technologies, Business Science Reference, Hershey. Mollenkamp, C 2012, High turnover among HSBC top cops. Web. Reuters: HSBC Holding PLC 2013. Web . Saleem, S 2010, Business environment, Pearson, New Delhi. Tripathi, P Reddy, P 2006, Principles of management, Tata McGraw-Hill, New Delhi. This report on Management Prospective-HSBC Holdings PLC was written and submitted by user Karla H. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.