Do Humans Have a Soul

Chapter by chapter guide Introduction The Biblical origination of Soul Universal Conception of Soul Misconceptions of Immortal Soul Conclusion Introduction Do people have a spirit? What befalls individuals when they pass on? Will we unhesitatingly affirm that the human spirit is undying? These are a portion of the crucial inquiries that have pulled in warmed discussion from days of yore. This paper will address these inquiries from both the widespread and the scriptural perspectives.Advertising We will compose a custom article test on Do Humans Have a Soul? explicitly for you for just $16.05 $11/page Learn More The Biblical origination of Soul The primary book of the Bible, Genesis, unmistakably expresses that the principal human couple (Adam and Eve) was made with an undying soul. Be that as it may, they discarded this valuable blessing when they trespassed against God. Thus, God removed them from the Garden of so they could eat from the tree of life and recover their lost eternalit y. Since Adam and Eve were not permitted to recapture their eternality from the tree of life, they in the end developed old and bite the dust. This implies people don't have a spirit that lives on after their death. Notwithstanding, God has guaranteed his dutiful workers an interminable soul on the off chance that they stay dedicated to him. For instance, the Bible contains a few records of individuals who were breathed life into back. These records show the boundless forces that God has over death. As indicated by the book of Romans, God sentenced people to death when Adam and Eve trespassed against Him. Since we are discontents of the main couple, we should bite the dust so as to pay for their wrongdoings. As indicated by the Greeks soul is a short lived life of a person. To them life is consistently temporary and never everlasting or unceasing. This is clear in the holy book where the vast majority of the references are related with the genuine life and not an undying soul. For e xample, Acts 15:26 states that â€Å"Men that have hazarded their lives for the name of our Lord Jesus Christ†. This plainly alludes to the real life and doesn't make reference to if people could jeopardize their spirits for staying strong with Jesus Christ. So also, it is cited in Revelation 12:11 that â€Å"And they defeated him by the blood of the Lamb, and by the expression of their declaration; and they cherished not their lives unto the death†. This likewise alludes to mortal carries on with that could die. Luke 12:18 affirms that human spirits can pass on and that an individual soul is equivalent to the substance. We have affirmed from the scriptural refrains that the human spirit and the tissue are the equivalent and they all bite the dust. Nonetheless, one of the inquiries that wait in the brain of many is what befalls the spirit at the hour of death. Songs 89:48 says â€Å"What man would he say he is that liveth, and will not see passing? Will he convey his spirit from the hand of the grave?† This obviously underpins the possibility that human spirits are additionally covered like the substance. â€Å"Sheol† is a Hebrew word importance grave. Employment 33:22 states â€Å"thou hast raised my spirit from the grave thou hast kept me alive, that I ought not go down to the pit†. As per the Hebrews when a human spirit goes into the pit gap, it is ruined or rots. This is an extra proof that the human spirit is equivalent to the individual. The new confirmation depicts the demise of Jesus Christ and his spirit. Promoting Looking for paper on theory? We should check whether we can support you! Get your first paper with 15% OFF Learn More However, dissimilar to different people Christs didn't remain in grave for long to rot rather he revived following three days. Acts 2:27 states, â€Å"Because thou wither not leave my spirit in heck, neither shrivel thou endure thine Holy One to see debasement or decay.† This implies the spirit of the Christ or the dead body was in the burial chamber (grave) which we are told nobody had ever been recently covered. At the point when the Christs restored his body was not found . This unmistakably demonstrates the individual and the spirit are indistinguishable. At the point when an individual is covered the individual goes to the grave (the body and the spirit). Thusly, when we bite the dust our spirit likewise kicks the bucket. Ecclesiastes 9:10 statements â€Å" You won’t do anything in the grave, whither thou goest†. This implies when an individual is covered in their body (fragile living creature and soul) have no other choice yet to rot. Songs 94:17 state â€Å"Unless the ruler had been my assistance, my spirit had nearly stayed in silence†. This stanza clarifies that were it not for God’s help, even Christ s body could have rotted. All inclusive Conception of Soul In early stage times, numerous individuals accepted that the human shadow spoke to godlike soul. Until this point, some crude individuals despite everything have confidence in the presence of an interminable soul. For instance, the occupants of Greenland accepted that the human shadow spoke to a spirit that would show up during the day and vanish around evening time. Likewise, some Native Americans asserted that the spirit experienced dreams of a resting individual. Therefore, the Natives disallowed stimulating a resting individual abruptly in light of the fact that they accepted that the spirit of a dozing individual set aside more effort to come back to the body. On a comparable note, it was taboo to put a cover on the substance of a dozing individual. The locals accepted that the cover would keep the spirit from recognizing the correct body. There are different view of the spirit. As noted over, some crude social orders accept that people have a few spirits disseminated in different pieces of the body. For example, ailment is frequently portray ed as soul-misfortune, which happens when the shrewd spirits detain it. As per the lessons of Hinduism, the human spirit (otherwise called Atman) experiences re-exemplification until it achieves purification and enters Nirvana. Then again, the Koran encourages that â€Å"God inhaled the spirit into the principal individuals, and at death, the spirits of the unwavering are brought close to God.† in actuality, Buddhism expresses that the human spirit can't live in the wake of death.Advertising We will compose a custom article test on Do Humans Have a Soul? explicitly for you for just $16.05 $11/page Learn More Misconceptions of Immortal Soul This segment examines reasons why a few people prevent the presence from securing an eternal soul. For example, William Tyndale scrutinized the presence of an undying soul by attesting that Jesus and Paul had the option to breath life into back dead individuals. As per Tyndale, it makes no sense to restore a dead individual if his/her spiri t is as of now in paradise or damnation. Martin Luther likewise contradicted the possibility of an everlasting soul. As per him, the everlasting status of the spirit isn't a piece of the scriptural instructing. Determination basically, God has boundless forces to give endless life to people. The deceptive lessons with respect to the inborn presence of an undying soul have incurred dread and disarray among numerous individuals since days of yore. The truth of the matter is, the point at which an individual kicks the bucket, the spirit bites the dust as well. This paper on Do Humans Have a Soul? was composed and put together by client Nathan N. to help you with your own examinations. You are allowed to utilize it for exploration and reference purposes so as to compose your own paper; in any case, you should refer to it likewise. You can give your paper here.

Evar From Diagnosis To Treatment Health And Social Care Essay Free Essays

string(38) was released without complication. This paper will talk a case overview about a whimsical patient with AAA. The article is isolated into three boss developments. It will preeminent see the patient ‘s history, the underlying preliminaries embraced, the creative mind strategies utilized and the aftereffect of each stage. We will compose a custom article test on Evar From Diagnosis To Treatment Health And Social Care Essay or on the other hand any comparable point just for you Request Now It will so make a trip to portray the diagnosing and procedure of EVAR and in choice I will summarize the central focuses. A 68 twelvemonth old male patient with a family history of AAA, who was a tobacco client and had a knee supplanting 15 mature ages back, was alluded by his GP to hold a X beam of the lumbar spinal segment and pelvic support. . The clinical reason for the X beam was that the patient had tumbled down the steps 2 hebdomads previously and had a stinging in the lower dorsum and right hip. Subsequent to justifying the solicitation card and look intoing his inside informations, they did an AP and Lateral of his lumbar and an AP investigation of his pelvic support. What's more, they sent him back to acquire the results from his GP after 10 yearss. The radiotherapist revealed his diagnosing on the X raies and sent it back to the GP. There was a rating of the order in the venters and a presumed stomach aortal aneurism. So the GP requested that he go to the medical procedure to talk the x-beam result, and mentioned a ultrasound of venters to hold a superior outcome and an unsmooth indicant of t he interior distance across and a precise appraisal.The GP requested that he hold up until he got an arrangement letter from clinic. After 4 hebdomads he had his task. The clinical indicant was arrangement on the lumbar X beam, and an inquiry sing a stomach aneurism. The rating of the ultrasound filter was a stomach aortic aneurism which was 4.5 centimeter. The chest was ordinary in size. There was no grounds of any significant mediastinal mass or lymph hub development. The kidneys were typical in size. The radiotherapist suggested regulating the patient. He other than sent an examination to the patient ‘s GP. A half year therefore in Dec 2007, he went to his second task for a ultrasound output of his venters. There was a little expansion in his aneurism. Along these lines, an investigation was sent again to his GP. The rating was a 4.7cm aortal aneurism. In April 2008 he had another sweep which showed a 5.2cm aneurism. The GP alluded him to the vascular sawbones, in light of the fact that the size had arrived at a list width of 5cm.After four hebdomads he met the sawbones. He investigated his clinical history and talked about the x-beam and ultrasound result with him. He other than unequivocally prompted him to suspend smoke, since tobacco clients are around multiple times each piece likely as non-smokers to suffer from AAA ( Hafez 2008 ) . In November 2008, the aneurism was 5.6cm and fix was suggested by his sawbones. hypertext move convention:/www.e-radiography.net/radrep/Vascular/Vascular_AAA_US_55mm/Vascular_AAA_US_55_long.jpg Radiological Report: US Abdominal Aorta: The maximal A.P. interior breadth of the stomach aorta is 5.6 centimeter. Wall painting blood clot diminishes the inner breadth to 2.0cms ( x-beam 2000 ) .A The Vascular sawbones talked about with the patient that he needs a medical procedure each piece in a matter of seconds as could reasonably be expected, he other than clarified the being of two potential strategies for fix and sketched out the significant dangers and advantages of each. He other than clarified the potential intricacies related with the procedure, including the danger of endovascular releases, the chance of auxiliary intervention and the interest for deep rooted follow up ( H. George Burkit 2007 ) . He offered him an EVAR medical procedure, so he was alluded to hold a CT examine with clinical indicant of EVAR 5.6cm in ultrasound check. A Week after he had a CT angiogram aorta. The Radiographer inquired as to whether he has sensitivity to any difference media or kidney work. At that point he had an IV infusion of color in his arm. The sawbones got the examination from Radiologist a couple yearss therefore. Assessment of CT filter was a 6.2cm infrarenal AAA with a palatable cervix of 2cm and great conceivable basic iliac set bringing down zones appropriate for EVAR ( Bhattacharya V 2007 ) . He was approached to go to a pre-employable examination facility to run into his sawbones and different individuals from clinical crew. Two hebdomads along these lines in pre-operation they took his clinical history and the name of all medication he utilized and completed a physical investigation. The careful crew completed a figure of preliminaries incorporate blood preliminary and chest X beam to do sure that he is solid bounty to hold a sedative and medical procedure. Furthermore, prompted him what he needs to make for induction twenty-four hours. preliminaries Ordinary Laboratory Test Values ‘ Patients result Red platelets 3.8 M/mcL to 5.6 M/mcL 4.6 M/mcL. White platelets 3.8 K/mm^ to 11.0 K/mm 6 k/mm. Hemoglobin 11 g/dL to 18 g/dL 13 g/dl Hematocrit 34 % to 54 % 38 % Blood urea N mg/dL to 0.4 mg/dL 6 mg/dL to 23 mg/dL Bilirubin, direct 0.0 15mg/dl Bilirubin whole 0.2 mg/dL to 1.4 mg/dL 0.2 milligram/dL Creatinine 0.6 mg/dL to 1.5 mg/dL 0.7 mg/dL On permission twenty-four hours which was hebdomad thusly, he was seen by the medical attendant, sawbones and anesthesiologist. At that point vascular sawbones experienced the survey which was about his past clinical history and procedure again, and clarified the risk and advantage of making the activity. He took his assent and requested that he buy in the assent signifier. He was taken to the theater and the anesthesiologist gave him a general aneaestatic. Aneurysm fix was performed and after the procedure, he was taken to the concentrated consideration unit for recuperation. He made great recuperation and was released on the fifth postoperative twenty-four hours. Complete recuperation was 3 months. After second postoperative yearss he had CT angiography In request to watch any entanglement. There was no grounds of endoleak identified during blood vessel stage examining or after a 2-min hold. The patient was released without intricacy. You read Evar From Diagnosis To Treatment Health And Social Care Essay in classification Article models Follow-up CT angiography was performed at multi month and multi month. At that point each twelvemonth from that point onward, to do sure there are non any employments. Conversation: An aneurism is a frail nation in aorta. In the event that a blood vas debilitates, it begins to swell like an inflatable and turns out to be surprisingly huge. On the off chance that an aneurism signifiers on the stomach aorta and becomes too much enormous, the aorta may crack or tear ( Upchurch and Schaub April 1, 2006, Heather 2008 ) . The most widely recognized aneurism is stomach aortal aneurisms, is beneath the start of the arterias to the kidneys.In work powers, the maximal typical aortal measurement at this degree is about 2.5 centimeter. An aorta that is 3 centimeter or more in width at this degree qualifies as being aneurysmal. The incident of AAA changes orchestrating to ethnicity, age and sex. Work power are multiple times bound to be influenced than grown-up females. At 65 years old mature ages, 3 % of work powers will hold an AAA. The ubiquity so increments with age to make around 8 % at 80 years old. AAAs speaks to around 98 % of aneurism of the entire aorta ( Hafez 2008 and Sparks et al 2002 ) . Any aneurism more extensive than 5.5 centimeter ought to be worked upon electively ( Raymond 2006 and Dillon et al 2010 ) .Abdominal aortal aneurism is typically symptomless. Smoke and high blood power per unit territory are the majority of import risk factors ( persistent leaflet 2009 and Hafez 2008 ) . Around 80 % of patients who present with a burst stomach aortal aneurisms have no old diagnosing. At the point when break happens, mortality is truly elevated ( Scot et al 2008 and Philip et al 2009 ) . On physical examination, AAAs with 3 to 3.9 centimeter degree is unmistakable 29 % of the clasp, contrasted and those with an AAA in excess of 5 centimeter. which can be touched 76 % of the clasp ( Gilbert et al 2008 ) . When the size arrives at a record distance across of 5 to 5.5cm or apparently spreads out more than 0.5cm in a twelvemonth needs to make reference to vascular sawbones ( H. George Burkit 2007 ) . Blending to Robert et Al 2008 if the stomach aortal aneurism extends by more than 0.6 to 0.8cm per twelvemonth, fix is typically suggested. The preliminaries were incorporated: Blood vessel Blood Gas ( ABG ) degrees, to manage oxygenation, airing, and acerb base position. Complete blood check to manage Red platelet, White platelet ( WBC ) , and thrombocyte tallies modified hemoglobin degrees and haematocrit mirror any blood misfortune and the O shipping capacity of the blood. A raised WBC tally mirrors an incendiary reaction. Serum electrolyte board screens liquid, electrolyte, and acerb base position Serum creatinine and blood urea N ( BUN ) degrees, to direct nephritic guide. Blood turning sour surveies to regulate coagulating. Urinalysis to direct nephritic position including secernment and fixation Blood cross fiting important for blood supplanting Electrocardiography ( ECG ) to investigate heart changes related with ischaemia Chest X beam may reveal abnormalcies of the chest, chest and lungs ( Holloway 2004 ) . MRSA Scan to fix his covering and chop down the likeliness of contamination ( trust convention ) . Patients are typically current or foremost tobacco clients and much of the time have a background marked by hypertension. Most stomach aortal aneurisms stay asymptomatic until they burst, yet some are identified by the route either on examination or when the patient experiences imaging for different grounds. On investigation a pulsatile, expandable cardinal stomach mass might be distinguished providing the patient is non terribly well padded. The femoral and popliteal throbs ought to be checked for related aneurisms ( Scott et al 2004 and Rosalyn 2006 and Louise and Anderson 2001 ) . Contrasted and loosened medical procedure, EVAR has lowe

Olestra: or WOE? :: Dieting Diet Fat Argumentative Persuasive Papers

Olestra: or WOE? Presentation Wouldn’t it be decent if there were a way the eating routine crazed society of America could get around eating fat, yet at the same time appreciate the flavorful taste that goes with it? All things considered, marvelously, it is conceivable through an item called Olestra. This apparently immaculate item made by Proctor and Gamble was as of late affirmed by the FDA for use as a substitute for fat in nibble nourishments, for example, potato and corn chips. â€Å"Olestra is a zero calorie fat substitution proposed to supplant 100% of the fat utilized in the readiness of appetizing nourishments and snacks† (http://www.olestra.com). This marvel creation is by all accounts the ideal response to the nutritionists and wellbeing professionals’ suggestion of diminished fat in the eating routine. What better approach to bring down your fat admission than by not changing your eating regimen and proceeding to eat the nourishments you love? Delegate and Gamble concentrated on America's feeble point: over-eating and their fixation on appearances to make a multimillion dollar creation: lousy nourishment that is â€Å"non-fat.† Although the perilous impacts of Olestra are still under serious examination, buyers wherever are requesting items with this counterfeit fat substitute. Fat Substitutes Fat substitutes come in different various types. There are those that are consumed into the body and those that are not ingested into the body. Olestra is one that isn't retained into the body. It goes through the stomach related framework and is discharged as waste and never utilized. These appear to be innocuous, yet in fact the damage isn't engaged with the fat admission, it is in the supplement assimilation interruption. For those fat substitutes which are ingested, the buyer needs to think about the disposal of the fat substitute, so the issue of retaining fat doesn't appear to be settled with that item. The Chemical Composition of Olestra Olestra is a sucrose polyester structure of six to eight unsaturated fats bound together by a sucrose center. It is an engineered fat made out of sucrose and consumable oils. Olestra can be utilized as a fat substitute practically anyplace due to its adaptability of chain length and immersion levels on the sucrose particle (http://www.cochrancorp.com/faq.htm). For what reason is Olestra Effective? Olestra’s adequacy is because of the way that it isn't processed or retained into the body and in this way it adds no calories or fat to the eating routine.

Philosophy of Education Essay Example | Topics and Well Written Essays - 1000 words - 1

Theory of Education - Essay Example Understanding understudies permit the instructor to know their ability and failure that will empower him address their necessities successful. The definition that best fits instruction is Plato’s point of view. Plato sees training as procedure of getting the detainee out of the cavern and engaging his with the aptitude that will empower him go for individual detainee left in the cavern. This view represents the idea in all viewpoint demonstrate what it should top off in an individual and the significance of the changed individual to the general public and the nation on the loose. Eric’s examination off training with esteem likewise draws my consideration (John, 1693). As per him, instruction like worth and faultless character can't be acknowledged by rebuffing or prize since when the prize won't be guaranteed the understudy won't perform. This paper covers my hypothesis of training, teaching method, social and political segment of instruction. In the wake of experiencing such intricate and nitty gritty involvement with Plato’s anecdote and different issues, Aristotle’s Virtue Ethics and philosopher’s discharge, I currently accept instruction is past the word reference definition I knew. I see an understudy as spring of gushing lava with the capacity of emit however deficient with regards to a trigger to instigate the ejection. In my understanding, I consider training to as a trigger that can actuate this target. Each individual has the fantasy to accomplish; be that as it may, their latent capacity may not be acknowledged whether the individual does not have the correct data and if the conferring strategies utilized in conveying this data right. I completely concur with Plato’s perspective on instruction. His depiction of instruction in his article Line and cavern catches all the entire procedure of training in exact and visual manner than could be met by any definition. His perspective on train ing as getting a detainee out of the cavern jail, and engaging him with the correct data, which will empower him return and lift other detainee viably spread

John Kellogg Essays - Christian Vegetarianism, Kellogg Company

John Kellogg Specialist, food reformer; conceived in Tyrone Township, Mich. (sibling of Will K. Kellogg). Naturally introduced to a Seventh Day Adventist family, he enrolled in a class to study a hygieotherapeutic school. He dismissed this methodology and took standard clinical preparing, completing at Bellevue Hospital Medical College (New York City) however with a postulation asserting that ailment is simply the body's method of shielding. He had become editorial manager of the Adventist month to month, Health Reformer (which he renamed Good Health in 1879), and on coming back to Battle Creek, he became administrator of the Western Health Reform Institute, which Sister Ellen Harmon White had just settled to advance thoughts regarding wellbeing much like Kellogg's. He renamed it the Battle Creek Sanitarium and started to apply his hypotheses about biologic living, or the Battle Creek thought, which focused on the job of characteristic medication, for example, a vegan diet and a Spartan spa-like routine. He was additionally much sought after as a specialist and would give his expenses to the asylum for destitute patients. During the 1890s he set up a research facility to grow increasingly nutritious nourishments; his sibling, Will, had gone along with him and they built up a dry wheat chip that before long turned out to be so famous as a morning meal oat that they started to sell it through a mail-request business; later they built up a rice piece and a corn drop and set up the Sanitas Food Company to create and sell these new items. As the food business kept on growing, the siblings became lawful foes and by 1906 Will picked up the restrictive rights to sell the items under the name of W. K. Kellogg; John set up the Battle Creek Food Company and created other wellbeing nourishments, for example, espresso substitutes and soybean-determined milk. In the mean time, John had dropped out with the Adventist chiefs who felt he and his Battle Creek undertaking had gotten too huge and had floated excessively far from the congregation; in 1907 the Adventists banned him yet he battled to hold control of the asylum and his food research facility. He composed more than 50 books advancing his thoughts and furthermore established the Race Betterment Foundation to seek after his speculations about selective breeding. In spite of the fact that he could never become as rich or notable as his sibling, Will, John Kellogg had really organized a significant insurgency in the human eating regimen.

Setting up a Balanced Scorecard (BSC) for Managing Your Firms Performance

Setting up a Balanced Scorecard (BSC) for Managing Your Firm’s Performance A Balanced Scorecard (BSC) may be defined as a management strategy that endeavors to complement drivers of previous performance (fiscal measures) with the drivers of future performance, such as development of intellectual and human capital, learning and customer satisfaction.Standard BSCs do not incorporate environmental considerations. The BSC management tool was developed by David Norton and Robert Kaplan.A recent global study on usage of management tools revealed the Balanced Scorecard to be the sixth most extensively utilized management tool across the world, and it was also associated with one of the top overall satisfaction ratings. © Shutterstock.com | Luna2631In this article, we discuss setting up a balanced scorecard for managing your firm’s performance. You’ll read about 1) steps to create a balanced scorecard, 2) common measurements, and 3) some pitfalls to avoid.STEPS TO CREATE A BALANCED SCORECARDBefore going into the steps, it is worth pointing out that the execution of a BSC should, at all times, be arranged as a separate project of management system development. It should be planned with the same detail as other organization projects, and the regular project management procedures must be followed. © Flickr | Jinho JungYou should also know that the Balanced Scorecard must be complemented with other less vertically merged tools that provide for greater stakeholder participation in fixing strategic aims, so that everyone feels like a participant and committed to the organization’s future. The capacity to respond to the dynamic business milieu, linked with the required internal alterations, is a challenge that requires particular attention, calling for a higher benefit in a performance management tool. Competitive factors connected to knowledge and innovation is another challenge in the present business climate. The frameworks that pay no heed to this reality could compromise the sustainable future of the businesses, and the Business Scorecard should take this into account.Step #1: AppraisalThe scorecard building process begins with an evaluation of the organization’s vision and mission, enablers, values and challenges. The first step also involves developing a change managem ent map for the organization, and carrying out a focused communications workshop to spot key messages, timing, messengers and media outlets.Step #2: StrategyAfter the first step, aspects of the organization’s strategy such as strategic themes, strategic results, and perspectives, are created by workshop participants to center attention on customer requirements and the organization’s value proposition.Step #3: AimsIn this step, the strategic aspects created in the first two steps are broken down into strategic aims, which are the fundamental building blocks of strategy and delineate the organization’s strategic aim. Aims are first started and categorized on the Strategic Theme Level, sorted by Perspective, connected in cause-effect linkages (or Strategy Maps) for each Strategic Theme. Following this, they are joined together to create one set of Strategic Aims for the whole organization.Step #4: Strategy MapAt this point, the cause and effect linkages between the enterprise-wid e Strategic Goals are made official in an enterprise-wide Strategy Map. The Strategy Maps constructed earlier are blended into a by-and-large enterprise-wide Strategy Map that delineates how the organization makes value for its stakeholders and customers.Step #5: Performance MeasuresIn this step, performance measures are created for each of the enterprise-wide strategic aims. Leading and lagging measures are spotted, expected targets and thresholds are decided on, and benchmarking and baseline data is created.Step #6: EndeavorsStrategic Initiatives are created that support the Strategic Aims. To develop accountability throughout the organization, ownership of Strategic Initiatives and Performance Measures is assigned to the pertinent staff and documented in data definition tables.Step #7: Performance AssessmentIn this step, the process of implementation starts by applying performance measurement software to provide the right performance data to the right people at the appropriate ti me. Automation lends form and discipline to executing the Balanced Scorecard system, assisting with changing disparate corporate data into knowledge and information, and with communicating performance information. To put it concisely, automation helps people with making better decisions owing to the fact that it lends speedy access to genuine performance data.There are more than a hundred performance management and balanced scorecard automation development companies. A number of choices are particularly meant for performance management and/or the balanced scorecard. Also included in this category are tools that are chiefly meant for data or analytics warehousing, business intelligence, but which have modules meant for performance management.Step #8: AlignmentHere, the enterprise-level scorecard is ‘cascaded’ down into support and business unit scorecards. This means that the organizational level scorecard (the first Tier) is converted into support unit or business unit scorecard s (the second Tier) and then later to individual and team scorecards (the third Tier). Cascading converts high-level tactics into lower-level aims, operational details, and measures. Cascading is the road to organizational alignment surrounding strategy. Individual and team scorecards connect day-to-day work with corporate vision and department aims. Performance measures are created for all aims at organizational levels. With the scorecard management system cascading down across the organization, aims become more tactical and organizational, as do the performance measures. Responsibility follows the measures and objectives, as ownership is delineated at each level. A stress on strategies required to produce outcomes is communicated all through the organization.Step #9: EvaluationHere, an assessment of the completed scorecard is carried out. In the course of this assessment, the organization endeavors to answer queries such as: ‘Are we measuring the right things?’ ‘Are we strat egically budgeting our money?’ ‘Are our strategies working?’ and ‘Did our environment change?’ COMMON MEASUREMENTSFinancial measurements are still essential and include things such as return on investment, sales, liquidity measures and profits. Measures that result in financial outcomes include efficiency measures (such as scrap, responsiveness and cycle time), customer satisfaction measures (such as new customers, complaints, survey results and referrals), quality measures (such as returns, accuracy, rework and warrantee costs), growth/innovation measures (such as sales from new products, RD expenditure and employee suggestions), and employee skills and satisfaction measures (such as certification, absenteeism, survey results, cross training, turnover and training hours). The balanced scorecard can be customized to suit the requirements of any organization.SOME PITFALLS TO AVOIDPoorly-defined strategyWhether a scorecard project succeeds or not depends on whether or not yo ur organization has worked through it well and properly delineated its strategy. Generally, a poorly-defined strategy creates a confusing and empty scorecard. You should either have introduced a strategy developing element at the beginning of the Balanced Scorecard project or toiled through the strategy process in the right manner. Failure to delineate and articulate a lucid strategy would result in a confused and ambiguous scorecard â€" and prominently one that is deficit in the thread of strategic constancy as the scorecard process is introduced across all functions and areas in the organization.There may be some high-level strategies that are too vague to convert well into a BSC. Experts advise translation in terms of customer value and aspirational brand positioning, markets and customer segments, and financial targets, all in the perspective of where the organization wishes to be in the next five to ten years.Ineffective data collection, reportingA key reason why companies put too much stress on fiscal metrics at the expense of other key operating variables is the plain and simple fact that systems already exist for gathering and reporting economic measures. Companies that intentionally tend to delineate the important few metrics and dedicate the resources to automate data collection and the reporting that follows are inclined to get good outcomes. Unfortunately, in the majority of organizations, if gathering metrics / data takes too much energy and time, they will not be gathered. Hence, it is essential to prioritize key performance indicators to be certain that your investment in metrics is expended on the information that would be most pertinent to enhancing organizational performance.Utilization of only lagging measuresA lot of managers are of the opinion that they would get the advantages of the Balanced Scorecard by utilizing a wide variety of non-fiscal measures. However, you should be careful to recognize not only lagging measures that delineate p ast performance, but also leading measures that may be utilized to prepare for future performance.Excluding stakeholdersAn example for this is not executing the concept solely in one or two Head Offices. To work, it is necessary to develop a hierarchy of scorecards, mirroring the structure of your organization and how it lends value to the customer. Bear in mind that more than a decade has gone before the scorecard concept was first created. Offshoring and outsourcing are now usual occurrences â€" make certain that these value generating operations are also incorporated.Utilizing only generic metricsIt typically is not adequate to only adopt the metrics utilized by other successful businesses. Each company should take the effort to recognize the measures that are suitable for its own plan and competitive position.No accountabilityAccountability and considerable visibility are required to assist with driving change. This means that each objective, measure, initiative and data source should have an owner. Without this degree of comprehensive execution, a perfectly built-up scorecard will not accomplish success, owing to the fact that nobody would be held liable for performance.Management style, centralized measures and staff not empoweredHere, you may wish to recall the Management by Objectives (MBO) process. MBO had to go to the recycle bin of unsuccessful management solutions, more than 25 years ago. The key reason for its failure was a problem of management style. Don’t forget that the Balanced Scorecard is not a means for imposing a strategy developed at the top of the organization, or an implement with which you can beat people. In reality, it is a tool to enable people to get involved in the strategy process as well as develop aims and measures that mirror their business area’s endeavors to support a wider corporate strategy. MBO was unsuccessfully owing to a very centralized top-down style.One of the key benefits of the Balanced Scorecard is that it a ssists staff with comprehending, creating and applying techniques within their business units. Hence, provide your staff with the freedom to create their aims and measures along with centrally delineated and common aims and measures, as well as ensure that all departments in your organization are incorporated.It is true that accountability could provide powerful motivation for enhancing performance. However, employees must additionally possess the responsibility, tools and authority required to affect pertinent measures. If not, they would resist ownership and involvement. Initiatives should be funded, and resources made available, to make success a reality.Difference between “strategy” and “KPI” scorecardChances are you don’t have a Balanced Scorecard but rather, a KPI scorecard, if you face problems such as the following:Appears that performance management isn’t working for your company.The Balanced Scorecard isn’t working the way different institutions are promoting it.Though the scorecard is helpful in monitoring KPIs, it helps only a bit with strategy implementation.While KPI is purely a measurement tool, the Balanced Scorecard is a management tool. A KPI scorecard can or cannot be aligned with suitable actions, and objectives. On the other hand, the Balanced Scorecard has to do with alignment among objectives, actions and measures. The solution to the problem is to move from measuring to managing. Ponder over how your organization’s strategic objectives are connected to specific aims. What do you intend to do to accomplish them (or what is your action plan?)? How do you plan to measure the process and outcomes (KPIs)?No methodology for process improvementThe worth of the Balanced Scorecard system depends on the belief that once performance issues are recognized, there is an effective and efficient technique for diagnosing and looking into root causes. After this, solutions can be created, and performance gaps closed. If the organization i s without toolkits and standard methodologies for addressing process problems, the degree of effort needed to obtain a problem fixing strategy for each fresh performance gap could ultimately spoil the performance improvement program as it would be considered to use up too many resources from regular operations. When this occurs, performance will continue to get worse and there would be no adaptation. Utilizing time-tested process enhancement methodologies, probably along with problem-solving strategies (such as Six Sigma) would greatly reduce this problem.It is true that there are some expenses associated with introducing the balanced scorecard, though these expenses differ among organizations depending on the quantity of data the business is already capturing. Businesses that capture practically no data may have an additional expense in putting together the infrastructure required to capture key data points. What’s more, owing to the nature of a BSC project, it is difficult to ma ke accurate cost and time estimates for the whole project in advance. The required effort depends to a large extent on how far the organization has progressed in its BSC thinking in addition to the complexity and quantity of scorecards executed. The usual expenses for a standard Balanced Scorecard project comprise: time utilized by customer’s own resources (35 percent), outside implementation consultancy (30 percent), outside process consultancy (20 percent), and software licenses (15 percent).In spite of the costs associated with the Balanced Scorecard, the expense outlay is usually surpassed by the benefits of the measurements and the information they provide to the organizations’ leaders.

Impacts of Tesco and CRE Joint Venture - 2475 Words

Impacts Of Tesco And CRE Joint Venture On Shareholders (Essay Sample) Content: Impacts Of Tesco And CRE Joint Venture On ShareholdersNameUniversityImpacts of Tesco and CRE Joint Venture on ShareholdersAbstract Growing globalization has prompted the growth of a number of companies due to the fact that joint ventures, mergers and acquisitions have increasingly gained acceptance. However, it is notable that the results of such ventures are in some cases terrible. Economics analysts note that mergers are a result of egotistic and overzealous desires intent on realizing company goals Whereas joint ventures are expected to strengthen the capital base of a company, improve the profitability and also leverage a company in new and emerging markets, varying market and industry dynamics exemplify the need to critically analyze the effects of such business arrangements. For instance, it is apparent that certain companies opt to pursue this line of action after forecasting poor performance and possible bankruptcy. A probable example is apparent in Tesco and China Resources Enterprises. It is worth noting that the proposed joint venture has its innate weaknesses and benefits. On the contrary, the magnitude of the impacts varies significantly. The scope of the problems associated with any merger or acquisitions are notable in the effects on the economy and most importantly on the shareholders who are apparently not aware of the financial constraints a specific company may be facing. Considering the developments in the China and Tescos financial woes in the last few years, it is apparent that the joint venture is a way out for the ailing Tesco PLC. Given the fact that the company has in the recent past filed an application to have its long term revenue protected under Chapter 11, it is imperative that Tesco Plc Seeks working arrangements with established companies in target markets especially the new and emerging economies. Chinese and Hong Kong legal requirements stipulate stricter control measures on local and international companies s eeking to operate in either mainland China or Hong Kong. The recent development especially CREs declaration of interest to work with Tesco and most importantly toward the bid to take over ParknShop complicates the scenario in a number of ways. To begin with, Tesco is currently going through tough financial times which is attributed to the closure of it various outlets. Tesco PLC management is equally intent on adopting the strategy in Turkey if it is successful. Secondly, CRE seeks to salvage the local retail market using a potentially failed chain store. Thirdly, challenges the company is likely to face are inarguably many; among these, the memorandum of understanding signed between the two companies gives CRE a higher stake with 80% of the total company ownership. This has advantages and disadvantages to not only the domestic but also to the foreign shareholders. It is a fact that the inherent risks are significantly reduced given the Chinas strict regulatory measures especially i n the event of a merger or a takeover. According to the AML, in a scenario where a company is suspected of gun jumping, the AML is empowered to reverse and ultimately cancel any transaction. Tesco and ParknShop are considerably in the process of winding up their interests in different markets. Whereas Tesco PLC indicated in its press release that the Asian market is vital in increasing its revenue base, the company admits that sales in China have been falling in the recent past Risks to Tesco PLC shareholders Tesco is a leading entity in retail stores with a host of retail outlets in various countries. These are either jointly owned with local players or fully controlled. The level of growth in the businesses has brought forth problems and challenges due to varying business rules and regulations. Considering the events leading to the planned merger, it is observable that the main Tesco is seeking to protect its interests in larger China. On the contrary, the provisions of the agr eement are questionable. To begin with, Tesco shareholders are not allowed to determine any clauses pertaining to the terms of commitment. This gives room for manipulation and relegates the shareholders to associates with minimal bargaining powers. The Chinese AML laws stipulate that a merger notification be filed if the turnover of a joint venture exceeds a certain threshold, in this provision, the turnover in a fiscal year should exceed $62 million. This is an indication that CRE will determine the process and timing of the merger. In a related scenario, the nature of the memorandum of understanding (MOU) between the two companies does not protect shareholders. The document reads in part that Shareholders of the Company and potential investors should note that the MOU only sets out the understanding for the possible establishment of the Joint Venture, and that the MOU is not legally binding save and except for the exclusivity and confidentiality arrangements afore-mentioned. It is imperative to note that the outcomes of further discussion between the two parties shall determine the nature of operations and the ultimate relationship regarding Tescos stake in the venture. China Resources Vanguard has the possibility of changing terms and conditions thereby compromising Tesco. The provisions of the MOU are further subject to Chinas local industry protection laws. Moreover, it is possible to suggest that CRE seeks to monopolize the retail market. This is seen in its interest to own ParknShop which is also a major player in the retail business. However, the company does not intend to approach this alone and would rather capitalize on Tescos financial ability and expertise in convenience store management. In the arrangement, Tesco is expected to issue all of its share capital to Gain Land as part of the procedure. Additionally, the company gains a 20% share capital in the whole arrangement. It should be noted that the 20% share ownership will influence Tesco s annual returns in the entire Asian region. In the past financial year, the companys overall earnings from Asia were worth 314million before the company signed the MOU with CRE. This is equated to a 7.4% growth. With this in mind, it is possible to suggest that the joint venture will influence the earnings of the company especially in low dividends and slowed growth. According to a recent statement, Tesco reports that it has improved recently and adopted a strategic growth plan aimed at further increasing the total worth and earnings of the company in non performing markets. The impacts of the joint venture will mean slow decision making processes. Additionally, political constraints and varying market dynamics will reduce the profitability of the company. It is notable the inherent risks the joint venture poses to Tesco PLC shareholders are mainly identifiable in the potential loss of shareholders power to determine the operations of the company because Tesco and CRE do not 50/5 0 ownership rights. This grants CRE executive authority over Tesco. Consequently, CRE can hold its earnings to offset other acquisition interests. In order to streamline the financial operations, the China Resources Enterprise and the majority holders in the joint venture can pre-empt dividends given to shareholders. Chinas growth as an emerging economic power house in the Asian continent has attracted a number of international corporations seeking to explore the large market. The shareholders in the United Kingdom and Euro zone will realize low returns on share earnings due to Yuan exchange rates. For instance, in the 2013-2014 fiscal year, the difference in Tescos earning declined to 7.4% from 12.2%. Announcing the results for the 2013-2014 financial year, the company hinted that it has achieved remarkable gains following the implementation of its strategic plan. Given the potential success in European markets which were considerably similar to the Asian market, the joint venture in China will stall overall company progress and global market presence.Benefits of the Joint Venture Companies opt for joint ventures and mergers in order to achieve a number of goals. Among these, the fundamental aim is to cut costs and consequently increase the profitability of the company. In the process, a company adopts strategic plans to enable the smooth transition of operations. Different countries have varied laws that transcend not only the protection of domestic companies but also ensuring fair competition. In free market economies, global business environments determine the benefits a company is apt to realize. The overall performance of target country economy and that of the affiliate companies are elemental and should be considered before signing a joint venture agreement. A critical survey of the market potential reveals the potential of the company gaining significantly from the merger. According to international business analysts, the profitability of a business in foreign markets is influenced by the traditions of the population especially purchasing trends, nationalist attitudes and the presence of competitors and alternative products. CRV is arguably the dominant player in Chinas hypermarket industry. Whereas other international corporations such as Wal mart are present in the industry, CRV appointees in the boards are many. It is notable that out of close to 3000 stores in China, Tesco owns 131, merging with CRV will add value to Tescos business portfolio. The efficiency of operations, increased market share and diversified economies of scale are important aspects of survival in the present competitive global market. The joint venture between the two companies will ensure this. It is noted that that the UK chain store has witnessed stiff competition from regional rivals namely Sun Art. This has slowed the company economy a fac...