Sunday, December 29, 2019

The Night At The Corner Of A Street - 1686 Words

In Chicago, Illinois, an expansive hotel stands gloriously at the corner of a street. Civilians crowd around it, looking for a place to stay as they visit the incredibly popular World s Fair. They are greeted by an attractive young man, who beckons a select few inside and offers them rooms to stay for the night. These unknowing guests make their way up to their supposed rooms, and are befuddled at first by the strange structure of the hallways. Paying no mind to this abnormality, they enter their rooms and rest for the night, yet they do not wake up the next morning. Other guests find themselves locked in a brick room with nothing in it, and slowly starve to death while visions of their families and lives fade before their eyes. Some are†¦show more content†¦His victims were killed and tortured in various gruesome ways, and their corpses were used in grotesque experiments and subsequently sold to black markets and universities. Holmes, like so many other serial killers, had a troubled childhood. Dr. Holmes was born to Levi Horton Mudgett and Theodate Page Price, under the original name of Herman Webster Mudgett, in Gilmanton, New Hampshire in 1861. His family was affluent, and he was considered very privileged for his time. He was also a very bright child who quickly surpassed his classmates academically. Despite his studiousness, Holmes lived a troubled life. His father was an abusive alcoholic, despite being a strict Methodist. If home life was not bad enough, Holmes suffered severe bullying in school, due to the other students’ jealousy of his intelligence. Mudgett possessed an abnormal amount of morbid curiosities involving the human body, which led him to attend medical school at a young age. Soon after, he traveled around the United States, and settled in Chicago, Illinois. The transition to Chicago marked the start of a new life for Mudgett, who introduced himself as the now infamous â€Å"H.H. Holmes†. Holmes did not begin his li fe anew to better himself, but rather to perform acts of murder and treachery. Due to his intelligence and cunning mannerisms, Holmes was aware that he must be careful, and carry about his plans with caution. He received a job at Elizabeth S. Holton’s Drugstore, and became the store

Saturday, December 21, 2019

Emerging Issues in Human Resource Management - 2922 Words

EMERGING ISSUES IN HUMAN RESOURCE MANAGEMENT By MR. Vamsi Krishna Mumbai INDIA The management of Human Resources has now assumed strategic importance in the achievement of organizational growth and excellence. As globalization advances and we move into the information age, organizations need to adapt to the changes in technology and the changing issues in management of people. Some critical issues have clearly emerged - planning, acquisition and development of human resources, responding to the demands of the work place and, above all, evolving a strategy of dealing with industrial conflict. As a management practice, it covers all the conventional areas of personnel management†¦show more content†¦Recruiting and selection decisions are especially important for organizations that rely on knowledge workers. Employees responsibility and authority are given to make decisions regarding all aspects of product development or customer service. HR professionals can support organizational strategies for quality growth and efficiency. Organizations with international operations hire employees in foreign countries, where they operate, as they need knowledge of differences in culture and business practices. Now-a-days, information system has become a tool for more HR professionals, and often, these systems are provided through the Internet. The widespread usage of the Internet also includes HRM applications. Organizations search for talents, and screening candidates online. Employees may receive training online. The employment relationship takes the form of a psychological contract that describes what employers and employees expect from the employment relationship. The employees are looking for flexible work schedules, comfortable working conditions and greater autonomy, opportunities for training and development, and performance-related financial incentives. For HRM, the changes require planning for flexible staffing levels. Organizations seek flexibility in staffing levels through alternatives to the employment relationship. They may use outsourcing as well as temporary and contract workers. StrategicShow MoreRelated1. Abstract . We Have Little Knowledge About The Report,1693 Words   |  7 Pagesreport, we are discussing about the global talent management (GTM) and the role of the corporate human resource function in multinational corporations. International mobility its new forms, increased global talents hunting are the two perspectives of GTM. GTM discusses and considered primarily about the mechanisms and following the willingness to enter the emerging markets using organisational ability to maintain or managing the talents. These issues addressed or shows when once the new corporate rolesRead MoreChallenges Facing Human Resource Professionals1609 Words   |  7 PagesChallenges Human Resource Professionals face in meeting the needs of the contemporary Workforce â€Å"In the War for Talent† In recent times, Human Resource Professional has faced a growing number of challenges in responding to the needs of the contemporary workforce and attempting to win â€Å"The War for Talent†. These include globalisation, increasing workplace diversity, technological change and an aging workforce among others. This essay will attempt to show that the three most pressing concerns the Human ResourcesRead MorePanasonic’s Policy on Social Front Essay1361 Words   |  6 PagesPerformance of panasonic on social front as per Dow Jones Sustainability Index Panasonic’s policy on social front is composed of following key ingredients Human Rights Major constituents of Panasonics policy regarding human rights 1) The Company will respect basic human rights of all and will work to ensure equal employment opportunities. No discrimination toward employees or others will be done or tolerated in speech or conduct, based on sex, age, nationality, race, ethnicity, creedRead MoreChina s Strategic, Marketing, And Economic Reasons1143 Words   |  5 PagesSince two decades ago, many MNEs seem to be expanding into China for the strategic, marketing, and economic reasons. 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Here are five accepted trends in Human Resources management that businessRead MoreElectronic Banking in Nigeria: Problems and Prospectsks in Nigeria1330 Words   |  6 PagesManaging Challenges in Banking Industry By: Dr. Sudhindra Bhat MBA, MFM, ACS, M.Phil, PGDSamp;MM, PGDIRamp;PM, PhD** Management Faculty, Consultant and Corporate Trainer Acharya Institute of Management and Sciences 1st Cross, 1st stage, Peenya industrial Area, Bangalore-560 058 E-mail: bhatt1978@yahoo.com    Financial System is the most important institutional and functional vehicle for economic transformation of any country. Banking sector is reckoned as a hub and barometer of the financialRead MoreCourse schedule IST7100 1 1 1589 Words   |  7 Pagesinformation technologies, while experimenting with selected emerging technologies; and 5) The role of the CIO. II. RATIONALE Students develop an understanding of the strategic use of information technology from a business perspective at the enterprise level. They are expected to understand the internal management of information systems services from the point of view of the CIO and to examine alternative strategies and tactics available to management to achieve goals. Working students and students withRead MoreGlobalization and Analysis of Lenovo in an International Market1297 Words   |  6 Pagescommunications are very frequently; global warming, sea protection and other environmental issues need all countries to cooperate to solve. In the multipolar world , the BRIC (Brazil, Russia, India and China) ,G20 such emerging economics have an more impact to the world. World multiplarization and economic globalization make the emerging market developing very fast which stimulate the booming of EMMNs (Emerging Market Multinationals). Here is some data already illustrates these new changes. DevelopingRead MoreOccupational Health and Safety Issues in Contemporary Organizations1442 Words   |  6 PagesTopic 1: Explain how Occupational Health and Safety (OHS) contributes to managing the human resource environment. Use the research literature to outline and discuss at least two current OHS issues that impact human resource management in contemporary organizations. * * * Occupational health and safety are becoming more and more important in term of human resource management. On one hand, managers need to be familiar with the legal context. On the other hand, they also have to keep in mindRead MoreThe Diversity At The Workplace747 Words   |  3 Pagesancestry, ethnicity, age, gender, race, educational background, sexual orientation, marital status, religious belief, income, geographic location and work experience. The mobility in human resource trend is emerging within the competitive market that requires more strategic role on account of human resource management. 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Friday, December 13, 2019

Wealth Management Investment Free Essays

Wealth management is a crucial component in investing. It is a process that entails steps that organize the fundamental features of building a portfolio. An investor can deal with the uncertainty of financial markets; the uncertainty that markets were volatile last year, that they are volatile now, and that they will be volatile tomorrow, by regularly managing wealth. We will write a custom essay sample on Wealth Management Investment or any similar topic only for you Order Now The wealth management process provides a strategic approach to managing and building wealth and will help an investor turn his client†s goals into reality. In managing the investment process investors must determine their objectives, the resources for achieving them, and the process to go through to get there. Most importantly, it is essential for clients to be exposed to any new investment procedure or opportunity in the context of their individualized investment policy. The first step in the wealth management process is to establish objectives. This step includes analyzing the current situation, where all factors that may have a bearing on the decisions should be identified, analyzed, and integrated into the process (Brown, Underwood 248). Before making any financial recommendations an investor must build a detailed financial profile so that he can understand the client†s personal balance sheet, his current asset allocation, and help the client develop his investment parameters. The result of this process is attaining the assessment of the investor†s goals. With this, it is critical for the client to express five key factors: his total financial picture, his financial goals and objectives, his feelings and tolerance for risk, his time horizon associated with each of his goals, and if the client is building his wealth, preserving it, or passing it on to others (Brown, Underwood 247). Proper objectives will be established by these factors through the individualized analysis of the client†s current situation. The second important step in the wealth management process is to set a strategy. This is attained subsequent to the client assessing his goals. In setting a strategy an investor will compare fundamental investment principles to a client†s goals. The client may consider five key fundamental principles when developing his portfolio strategy: Asset allocation, diversification, planning, discipline, and patience (Groppelli, Nikbakht 401). This step also helps the client to select appropriate asset classes and distributions. A portfolio†s asset mix or asset allocation refers to the percentages that are invested in various asset classes, such as domestic stocks, domestic bonds, cash, real estate, international stocks, international bonds, and so on. A selection of well-diversified assets within these classes is perhaps the most effective way to manage volatility and portfolio risk in today†s markets. The investor should work with his client to identify the investor profile that fits his objectives and tolerance for risk. The second step of wealth management also includes determining the time horizon of investment objectives. One must consider the timing of the possible unexpected as well as expected requirements for use of the portfolio†s assets. Market timing can be an unreliable and hazardous practice. Missing only a fraction of time can have a profound impact on value (Groppelli, Nikbakht 392). An investor can also help a client determine a financial plan to address his goals. In order for a client to make informed decisions and ultimately reach his goals, the investor should help translate the client†s goals and objectives into a personalized financial plan. This will help the client to organize his finances, where it will provide a clear picture of his financial situation, and help the client to understand how his financial puzzle fits together. He will have the accessibility to evaluate his short and long-range goals and see how each piece of his financial puzzle can influence the other interlocking pieces. With this personalized plan, a client may also find solutions by putting his strategies into action by providing access to specialists in various financial disciplines, such as trust, credit, asset management, business planning, and insurance. Lastly, this step will help the client to uncover opportunities, where he can identify opportunities that could influence his overall financial well-being. The third step in the wealth management process is to implement solutions. An investor can help the client select and implement financial solutions according to his financial plan and asset allocation strategy. The essential ways an investor can achieve this is by helping the client identify financial strategies and solutions, allocate his funds, select investment products, and managers, and develop a rebalancing strategy (Conley, O†Barr 42-44). To meet a client†s goals the investor can explore and help a client execute appropriate investment borrowing. Depending on the client†s needs, an investor can explore various strategies. These strategies include investing from retirement, wealth transfer and estate-planning strategies, tax-minimization strategies, company stock option planning, managing concentrated stock positions, alternative investments, and other personalized solutions. An investor should also allocate the assets based upon the client†s specific goals and risk tolerance, and he should select a money manager by using specialists. This construction would result in a customized plan and solution for the client and his long-term objectives. The final step in the wealth management process is to review the progress. An investor must continue to monitor the client†s situation in order to remain current with his goals in relation to the movement in the market. This ongoing service would include monitoring portfolio performance and results to evaluate progress, reviewing objectives and strategies periodically, and altering and adjusting the client†s wealth management strategies based on changing goals, circumstances, or conditions (Conley, O†Barr 45). In addition, it consists of monitoring the resulting performance of selected money managers. An effective monitoring program should provide the investor with sufficient information to evaluate the program†s strengths and weaknesses, and to keep the program on track in achieving the portfolio†s objectives. The truly effective investor realizes that a crucial element of the decision-making process is establishing appropriate performance measurement standards. The standards for provide an ongoing monitoring service for clients includes facilitating good investor-money manager communications and confirming the mutually agreed-upon goals of the investment policy. Also, an investor must show whether the assets are being managed as directed by that policy with respect to the portfolio†s risk tolerance and expected return. Another measurement is to support the qualitative judgments about the continued confidence, or lack of it, in the money manager†s abilities. The last measurement standard is to support the periodic consideration of the continuing appropriateness of the investment policy. In the monitoring process, there are issues that should be addressed at specific times. Monthly, investors should analyze their custodian†s appraisal report containing the current market value of holdings and the previous month†s transactions and expenses. Particular attention should be paid to transactions initiated by hired money managers and compared against the manager†s stated investment strategy. Quarterly, the investor should compare the asset allocation of the portfolio and the performance of hired money managers to benchmarks, and at least annually, there should be a formal review to determine whether investment objectives have been attained or have changed. The investor should be particularly sensitive of the need to determine whether the investment strategy still holds the highest probability of meeting short-term liquidity needs and long-term objectives. The role of the investor is to maximize the benefits to be gained from the wealth management process. The degree of commitment to the necessary tasks outlined in the process will ultimately determine investment success. It will be the actions of the investor that will have the greatest impact on the value of the portfolio and mastering the wealth management process will assist the investor in creating the greatest outcome for his clients and their futures. How to cite Wealth Management Investment, Essay examples