Sunday, January 26, 2020

Employee Management Procedures

Employee Management Procedures Unitary and pluralistic frames of reference one can be able to analyze employee relation approach. According to the unitary approach, members of an organization have to have objectives, goals and values for the organization to be successful. This explains why organizations have goals and mission statements as they give guidance to the employees. The unitary approach is very important as it helps to promote the team culture in an organization and ensures that there are good employee relations within an organization. The pluralistic approach supports the fact that there are different employees with different values and perspectives. The pluralistic approach is very important as it helps in conflict resolution in an organization. The unitary and pluralistic frames can be used as a point of reference to guide employees who have a wrong perception about the relation of employees in the organization. Through the frames, managers can be able to manage people whose interests coincide with the interests of the organization. For example with the unitary frame of reference, one can hardly find conflicts since with the reference frames managers can be able to identify the sources of conflicts and therefore know how to control and avoid them. Reflect and explain how changes in trade unionism have affected employee relations The trade union plays a very important role to employees. Its main aim is to protect the rights of the employees inters of pay and the working conditions. The union has come in order to help employees in an organization. It has played a role in ensuring good employee relations in an organization in several ways which may include: It helps to prevent conflicts between employees as it acts as a communication channel between the employees and management. This helps the employees to stay informed and thus helps to prevent conflicts that may arise between the managers and the employees. The union makes bargaining arrangements to the employees which may help the employee and thus may help to prevent conflicts among employs. This is due to the fact that conflicts may arise among employees who might be doing the same job and one gets more salary than the other. This has an impact on employee relations in an organization. Through unions, one can have lay representatives who help to communicate managerial shortcomings which may help to prevent irresponsible managers which may help to prevent conflicts in an organization between employees and the managerial sector. The union has taken many measures to ensure that there is a good balance between the managers and the employees and thus help to prevent conflicts since it is the main source of conflicts in organization. Using a real life example of your choice, explain within context the role of the main players in employee relations issue you have chosen There are different players in an organization who play different roles in an organization to ensure that there is good employee relations within an organization. The main players in employee relations in an organization are the managers, the employees and the organization. They are the ones that contribute to good or bad employee relation in organization. For example for the case of a disciplinary issue whereby an employee has done an action that is illegal according to the rules of the organization. This issue will lead to an employee relation problem in an organization. In this case, the employee is the main contributor of the issue since he did what he was not supposed to do since it is illegal according to the organization. The other employees will have an issue with this and it may lead to conflicts within the organization. They will therefore play a role of taking the issue to the manager. The manager will then take an action according to the rules of the organization or the contract. His main role will be to ensure that the same issue does not arise again by punishing the employee accordingly. The organization plays a very important role since it is the one that come up with rules and regulations that will govern the conduct of the employee and employee relations within an organization to ensure there is harmony within the orga nization and that people are responsible for their actions. All the players of employee role relation should therefore coordinate to make sure that there is good employee relation in an organization for the well being of the organization as a whole since it is the employees who will determine the performance of the organization. Task 2 Discuss and evaluate the procedures that should be followed by an organization when dealing with different conflict situations Conflicts arise in organizations due to the different perceptions on different matters in an organization. In dealing with conflicts in an organization, there are procedures that should be followed in dealing with the conflict. This is to ensure that managers are able to solve the conflict with fairness without favoring some employees. There are different kinds of conflicts in an organization and this is very important in solving a conflict. This is the first step that all managers need to understand in solving a conflict in an organization. There are several factors that need to be understood in solving a conflict in an organization. One firstly has to understand the situation leading to the conflict. There are different conditions that lead to the rise of conflicts and it is important for manager s to understand them in order to know how to solve them. After understanding the condition leading to the conflict one should then find out the effect of the conflict to the organization which may be either positive or negative. This will help the manager to weigh the effect of the conflict. One should then understand the stages of the conflict process. Conflicts have different stages and the stage of the conflict is very important to be known in order for the manager to know how to solve the conflict. After understanding all these, one can then find ways of dealing with the conflicts. One can assess the different ways of dealing with the conflict and choose the best way according to the situation at hand. Discuss and reflect on the key features of employee relations in recent UK conflict situation of your choice Conflicts may arise among employees in an organization due to many features. Conflicts have different features depending on the type of conflict. An example of a conflict in employee relation in an organization may be: For the case whereby in a department where there are several employees and one employee does not to do some tasks just because they think that it is not right according to their culture to do some tasks. In this case the employee may be using others such that they are the ones that do most of the task. This case will lead to conflicts among the employees in the organization due to cultural differences. The conflict may be due to the fact that other employees feel that they are doing so much while they also have their cultures that they may be having and may want to follow. In this case this conflict may lead to many effects which may include reduced performance at the workplace and lack of cooperation among the employees. IN solving this kind of conflict, there are procedures that should be followed by managers to ensure that the conflicts are solved in harmony. One should also refer to the requirements of the organization by the employees. There should be rules that should be set to govern employees when it comes to cultural differences. Evaluate the effectiveness of procedures used in the chosen conflict situation, making recommendations for areas found lacking and identifying areas of good practice. Following the right procedure in solving the conflict in the situation above is very important for effective solving of the conflict. This is due to the fact that it is very important to understand the source of the conflict in order to know how to solve the conflict. The manager should understand the reason why the conflict arise which in this case is cultural differences and the condition leading to conflict situation in an organization. The manager then needs to assess the effect of the conflict to the organization. One should then identify he stage in the conflict process. With understanding all these one can then indentify the best way of dealing with the conflict which in this case will be negotiating. What I would recommend in this case is negotiating with the employee to change his habits in order to be able to relate with other employees well. The areas that might be lacking in this case are specifying the conduct of an employee as far as cultural differences is concerned. In this case the area of good practice would be that everyone should respect everyones culture and should compromise in some cases for the sake of the work involved.

Friday, January 17, 2020

Analysis of “Eat at My Restaurant †Cash Flow” Essay

Understanding the flow of cash within an organization is critical to knowing the health of an organization. Without this understanding, a business may run into a situation where even though they are profitable, they may not have enough cash on hand to meet their obligations. This paper will look at the case study Eat at My Restaurant – Cash Flow (Gibson, 2013) and will analyze the difference between net cash provided by operating activities and net income and determine which a better indicator of long-term profitability is. It will then provide an analysis of the cash flow ratios for each of the firms contained in the case study. Finally, this paper will conclude with a determination of if one of the companies in the case study has a cash flow problem. Net Cash versus Net Income Net income is derived from the Income Statement, which is based on the accrual method of accounting. Under the accrual method, revenue is recognized when earned and expenses are recognized when incurred. Net cash provided by operating activities uses the cash method of accounting where cash and expenses are recognized when received and paid. For example, under the accrual method, which net income is based on, a company would recognize revenue for services delivered based on the delivery of services instead of when a customer actually pays the invoice for these services. This is an important distinction because from an income perspective, the company will eventually receive that money, the company will not actually have that cash in-hand to pay expenses or make investments until receipt of payment from their customer. This could create a situation where although the company looks profitable, in reality they cannot make their short-term commitments. When considering whether net cash provided by operating activities or net income is a better indicator of long-term profitability, the writer feels that the words â€Å"long-term† are critical to that decision. While net cash is  critical to determine the ability of the organization to meet its immediate requirements, the non-cash factors that are included in the net income calculation portray a more accurate view of the long-term profitability. Also because of the timing differences between when revenue and expenses are recognized, the accrual method behind the net income model will produce visibility that is more accurate. For example, a month that produces low volume of sales and a high volume of receivable could produce a positive cash flow when in reality that low sales volume will negatively affect the subsequent months. This variance wou ld be visible in the net income but would not be visible in net cash. Case Study Company Comparison Yum Brands, Inc. In the two years presented in the case study (2009-2010), Yum Brands, Inc. saw a significant decline in its operating cash flow/current maturities of long-term debt and current notes payable. This indicates that they are less able to meet their current debt obligation. However, when looking at operating cash flow/total debt, there is an increase of 7.3% showing that Yum Brands, Inc. is more able to cover its debt with operating cash. A review of the operating cash flow per share shows an increase of $1.14 showing an improvement in its ability to make capital expense decisions and pay dividends to its shareholders. Finally, Yum Brands, Inc. a .9 increase in operating cash flow/cash dividends. This shows that they are more able to pay dividends with its yearly operating cash. Panera Bread During the same two-year period (2009-2010), Panera Bread did not have any long-term debt mature or have any current notes payable. They did however have 17.27% decrease in their ability to meet their total debt burden with operating cash. Panera Bread did show an increase of $0.74 in operating cash flow per share indicating an improved ability to make capital purchase decisions and pay dividends to its shareholders. Panera Bread did not make any dividend payments in either year. Starbucks In 2009 and 2010, Starbuck also did not have any long-term debt mature or have any current notes payable. However, they did show a 7.94% increase in their operating cash flow/total debt ratio. This indicates an improved ability to cover their total debt with operating cash flow. During this same period, Starbucks had an increase of $0.37 in operating cash flow per share indicating an improved ability to make capital purchase decisions and pay dividends to its shareholders. Although they did not pay any dividends in 2009, they did show an increase of 9.97 in operating cash flow/cash dividends in 2010. This shows that they are more able to pay dividends with yearly operating cash. Cash Flow Woes While Panera Bread does show an increase of 28.5% in net income-including noncontrolling interest, they are only showing an increase of 10.6% in net cash provided by operating activities. This combined with a 17.27% decrease in their operating cash flow/total debt ratio could indicate potential challenges meeting debt. Furthermore, although Panera Bread does show an improvement of $0.74 in operating cash flow per share, they have not issued any dividends. This could indicate that Panera Bread is trying to invest in growth or potentially they are having difficulty meeting cash obligations. For these reasons, the writer believes Panera Bread may be experiencing a cash flow problem; however, a deeper look into their financial statements, balance sheets and cash flow statements over a broader timeframe would be required to assess their true position. Conclusion Net Cash and Net Income are both critical elements allowing a view to the health of an organization. While it is imperative that a business has visibility to the cash available to pay debt, make investments, make capital purchases and pay its shareholders, it is equally important to have visibility to all revenue and expenses. While each tells their own story, in the end it is when used together that they bring the most value. References Gibson, C. H. (2013). Financial Reporting & Analysis. Mason: South-Western Cengage Learning.

Thursday, January 9, 2020

The Domains At The Progression Point 2 - 1891 Words

5070 ESSAY 2ND DRAFT The aim of this essay is to reflect on the personal development in one of the four domains at the progression point 2. The four domains of nursing care are professional values; communication and interpersonal skills; nursing practice and decision making; leadership, management and team working (NMC, 2016). These are the essential areas where the student nurses have to improve their knowledge and skills prior to the nursing registration for improving the quality of nursing care that they provides afterwards (NMC, 2016). The chosen domain for this particular essay is the nursing practice and decision making, as the author had experienced an incident during the placement†¦show more content†¦When John told me about his pain, I informed my mentor, and then my mentor said he already had his oral analgesics one hour ago. As he was complaining pain all the time, I did the reassessment as my mentor said in order to generate a correct judgement. The reassessment which includes his v ital signs and pain assessment were scoring high, which is a clear indication that he was in pain. Therefore, we informed the duty doctor and the doctor reviewed and changed the dose of his medication. The second stage of the Gibbs’ cycles is about the feelings(Bulman, 2013). I have mixed feelings and thoughts in my mind during that incident. Firstly, I did not believe completely what he said about his pain, as I have heard from some other staff in that department that he complains it all the time. However, John’s facial expression gave me a feeling that he was in pain. I was concerned about his pain and I decided to do something for that. At the same time I was quite worried about the challenging nature of nursing profession which demonstrates here, as we could not bring down John’s pain under control even with the help of some analgesics. The third stage in the Gibbs’ cycle is writing about the positive and negative aspect of the incident (Bulman, 2013). The positive about the incident was when John mentioned about his pain, I informed my mentor immediately and performed the assessment. This showed my improvement in providingShow MoreRelatedThe Domains At The Progression Point 21886 Words   |  8 Pagesdevelopment in one of the four domains at the progression point 2. The four domains of nursing care are professional values; communication and interpersonal skills; nursing practice and decision making; leadership, management and team working (NMC, 2016). These are the essential areas where student nurses have to improve their knowledge and skills prior to the nursing registration for improving the quality of nursing care that they provides afterwards (NMC, 2016). 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Wednesday, January 1, 2020

Britain s Failure Of The American Revolution Essay

The British empire was a dominant global power for centuries. They were victorious in many wars, including the Seven Year’s war. This war, however, was the beginning of the end for Britain. After the Seven Year’s war, Britain was left with massive debts. In an attempt to rectify their monetary crisis and diminish their debts, the British government decided to impose taxes on the American colonists. The colonists were hostile to this taxation, their hostility due mostly to the fact that they had no representation in British Parliament. This issue of â€Å"no taxation without representation† was one of the major causes of the American Revolutionary war (1775-1783). This essay will argue that two main factors can explain Britain’s failure in the American Revolution: Britain’s geographical location, and the disadvantages that came with it, which severely affected Britain’s ability to adequately supply its army in the 13 colonies, and Britain†™s general overconfidence and self assurance that its European style line infantry forces were superior to the unseasoned American rebel army, which lead the British to underestimate their enemies. Britain was geographically disadvantaged in the American Revolutionary war. There were approximately 3,000 miles separating Britain from its American colonies. This significant distance across seas made communication and transportation very slow. 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