Provide a critical review of the current risk management activities of Essay

Provide a critical review of the current risk management activities of any one (large, international) financial institution of y - Essay Example The organization has intensified their cost disciplines while investing in some selective growth areas that support the priorities of execution. Risk management is the process through which potential risks of the organization is identified, analysis is done and then precautionary steps are taken in order to reduce or cut down the risk. In the world of finance this practice is a very common one and is followed by almost every financial institution. Whenever an entity goes with some investment decision they are exposed to a large number of financial risks. The degree of risk involved depends on the type of financial instrument involved in the investment. These financial risks can be of various forms like recession, volatility in the capital market, high inflation and bankruptcy. Therefore, in order to control and minimize the exposure of the investment to such risks, the investors and the fund managers are seen to practice risk management. If adequate attention is not given to the risk management while making important investment decisions then disastrous situation may result during the financial turmoil in the economy (Webster, 2010; The Economic Times, 2013). Different categories of asset classes are attached to different levels of risk. Risk management is a vital function within Barclay, which is operating globally and enjoys great visibility. The risk team formed with the organization plays a significant role by aiding the senior management to incorporate informed decision taking the implications into account. The risk management team of Barclays operates across the organization protects the reputation of the organization by ensuring and securing the financial performance of the organization. The organization has dedicated team of experts who carries out valuable work in managing the issues that causes significant impact on the business (Barclays, 2013a). This study focuses on the risk management of Barclays bank, measures it risk appetite and discusses wheth er corporate governance supports these risk management activities. Figure 1 Source: (Youngberg, 2010) Risk Appetite Good risk management does not signify avoid all types of risk at any cost. It indicates the various types of informed choices that the organization makes related to the risk in pursuit of its measures and objectives that lead to mitigation of risk. Defining the risk appetite of an organization is an integral part of risk management. Best-of-class companies does not design or discuss their risk management as an isolated add-on process but it is viewed as an important part of their strategy execution and design. The new strategic initiative taken by the organization may open attractive opportunities for the organization but the rewards should be balanced properly with the risk that is generated. In order to integrate risk dimensions fully in the strategy design the company needs to be aware of how much risk it is willing to take and how it is planning to balance between opportunities and risks. Foe enterprise risk management defining the risk appetite is very essential (Barfield, R., n.d.). While deciding on the risk appetite of the organization the board of directors should categorize the different types of risk and decides on the capacity. This includes the type and amount of risk the organization is capable of supporting in pursuit to the business objectives and taking into account the access to the

Analysis of Financial Service Industry Literature review

Analysis of Financial Service Industry - Literature review Example Besides having a stronghold in the financial service industry, Citi Corp mirrors the vision and goals of Intersect Investments. Benchmarking is the process of observation and validation of procedures and practices that the most successful companies employ. It is a process of studying and following time tested practices from well-performing organizations to improve your own performance. In other words, it is the borrowing of standards for success. This involves determining where you need to improve, finding an organization that is exceptional in this area, then studying the company and applying its best practices in your firm. Benchmarking systematically studies the absolute best firms, and uses their best practices as the standard of comparison; a standard to meet or even surpass. Through a comprehensive assessment of strengths, weaknesses, threats, and opportunities of Intersect Investments, the management has realized that a lot of critical areas have to be reviewed if the firm is to achieve its goals and objectives. Issues range from redefining the organizational vision to devising a proper career incentive system for its employees. Sharing a similar organizational mandate, Citi Corp has fared a lot better in the industry particularly with regard to these critical areas. Citi Corp has long stood with its principle of customer intimacy and procedural simplifications. These principles have given it an edge over its competitors and made it one of the leaders in the industry for a long time. Given the nature of the products, services, and customer orientation involved, any business in the financial service industry cannot afford to ignore these basic values. Intersect Investments should do a proper visioning exercise and tune it properly to that of the Citi Corp. All the while, customer friendly services, and humanistic approach should be the cornerstone of the exercise. Employee turnover is increasing and the cost of employee turnover is expensive. Therefore, employee retention is critical. Numerous studies suggest that the majority of the workforce is considering leaving their current job for another as the economy improves. Based on this realization, Citi Corp strongly advocates employee retention and value system. Employee retention matters. A continual effort to replace departing workers-to keep the revolving door full, instead of stopping it altogether-is bleeding organizations dry. It is expensive to constantly replace people that turnover. The cost of attracting, recruiting, hiring, training, and getting new people up to speed is tremendously more costly as well as more wasteful than most realize. Second, productivity and profitability are directly tied to employee retention.  

Situation analysis and marketing objectives Assignment

Situation analysis and marketing objectives - Assignment Example TABLE OF CONTENTS Abstract 2 The following is situation and marketing objectives report aimed at establishing the marketing analysis for IPHONE products. It will provide an insight on the company’s external and internal environment. Additionally, it will seek to establish the SWOT analysis report for the company. The company recent developments are aimed at establishing the best marketing objectives, and it is crucial to find out which are in practice for the needed sustainability. 2 TABLE OF CONTENTS 3 1.0Introduction 4 2.0 Analysis of Current Marketing Situation 5 3.0 Situation analysis 6 3.1 The internal environment 6 3.2 The external environment 7 3.3 SWOT analysis 7 Marketing objectives 8 Conclusion 9 1.0 Introduction Marketing analysis is crucial in company valuation processes and provides a ground for new strategies implementation. The IPHONE product is a company whose dealings are propagated mainly on electronic devices. The company has a mission to become a global ent ity in terms of supplying advanced technological devices to other countries as well as quality management strategic implementation. The accomplishment of such a mission is guided by a set of reinstated objectives, which the company has always aspired to achieve. The main objective is to design modern technological tools, including personal computers and other social media devices. They also aspire to accomplish a manufacturing objective for the undersigned media tools. Marketing is also part of their desires, to develop the most modern marketing strategies that would boost their CRM (Customer Relationship Management). Conduction of marketing analysis enables an organization to identify their weak and strong areas. This acts as a guideline for future organizational trends in order to enhance sustainability. It is the desire of every top management in an organization to become the best in order to fit in the modern dynamic world. Situation analysis helps analyze the internal external status of an organization. It is also through this that strengths, weaknesses, opportunities, and threats are identified. Marketing objectives define the desired scope of organizational operation as well as organizational mission statements (Lamb et al., 263). The discussion in this paper offers a comprehensive report on marketing analysis for IPHONE product. Situational analysis will give an overview of internal and external environment in addition to SWOT analysis. Marketing objectives are also considered a vital area of discussion, since marketing plays a pivotal role in reaching target consumers. 2.0 Analysis of Current Marketing Situation The current marketing situation is characterized by dealership in a number of computer accessories as well as phone products. The recent times have seen IPHONE venture into innovating new products in the market, with the objective of enhancing its sustainability. The recent years have proved challenging to the company, owing to the rising leve l of competition from companies producing similar products. The recently innovated products include; Software programs that facilitate people purchasing and storing music in their internet provider devices. Additionally, they are major manufacturers of iMacs in addition to Mac Books and iPods. Generally, the company has been able to adopt new social communication devices that are aimed at providing their target customers with the needed information.

Anything that expresses my belief system Essay Example | Topics and Well Written Essays - 500 words

Anything that expresses my belief system - Essay Example No doubt everyone would think that is the most inhuman thing to a person. Why then do some people think abortion should be a human right when it is clear that it contravenes the moral pillars of our society? Many people thin that abortion is a fundamental human right that should be observed. I was one ardent support of abortion until my interaction with Juliet, a pro-life activist, who is now a good friend of mine. It was around 10 a.m. on a Saturday when I and my friend Rose set for an appointment with a doctor who was to perform an abortion for Rose. As we were travelling to the hospital, which was far off our residential area for fear of meeting people who knew us, I kept mulling over many things. What if this unborn child could be the future president of this country? What if the procedure goes wrong and Rose would never have another baby? What if our parents had done the same thing, would we be there today? The questions kept flooding my mind, but I would not confront my friend to stop what she had planned for an entire fortnight. As we sat patiently waiting for our turn with the doctor, a young beautiful lady approached us. She seemed to have known what service we were seeking. â€Å"My dear sister, abortion is not the best thing to do. Imagine if your mother had done the same thing to you, where would you be? It is ungodly and violates the child’s right to life†. These words keep ringing on my mind every moment I hear the word â€Å"abortion†. Despite all her attempts to woo Rose from aborting her baby, she insisted. Unfortunately, things never went well and Rose later succumbed from some complication she developed after procuring the abortion. Her inhumane behavior as Juliet put it turned against her. Kant morality emphasizes reason, duty and good will (Hill 20). Kant argues that we should pursue moral perfection. In many societies, moral values hold that murder is wrong. This universal agreement is what Kant refers

The story of my life, Helen Keller Essay Example | Topics and Well Written Essays - 250 words

The story of my life, Helen Keller - Essay Example She had a teacher named as Miss Sullivan who supported her in her learning extensively. Miss Sullivan not only taught her to spell the words, but also to understand feelings and express them. Her educational years were beautified because of Miss Sullivan’s presence. Her life was never static, but always moving because of her learning attached to her motion. She narrates many incidents of her life that give her different kinds of lessons. She also travelled to many places with Miss Sullivan who was very much interested to facilitate Helen in all kinds of learning. Her vocabulary and learning got enriched because of all the incidents and travelling. She was able to complete her graduation based on her continued learning and support from Miss Sullivan. Although, she faced many difficulties in the way, but achieved at the end. She regarded her books as her friends. She seems happy with her supporters’ efforts in leading her life as a privileged life. She had many deprivations, but was able to achieve because she was made

Finance Management Essay Example | Topics and Well Written Essays - 4500 words - 1

Finance Management - Essay Example The paper also assesses loans for the investment proposal and two suitable alternatives have been discussed. Analysis of Current Financial Performance: Ratio analysis has been used here to identify the company’s position in terms of the profitability, efficiency, liquidity and financial structure. (Drury, 2005) Here the paper analyses the financial results of the four divisions over the past three years, based on which the business improvements in terms of the aid planning, control and performance management in the future have been discussed. The results are as discussed below: Profitability: Based on the profitability ratios, it has been noted that the Quality Product Division has seen an improvement in terms of the net profit margins. The company has moved from a loss to a profit of almost 3.36% which shows growth. Also the Return on Equity has also grown from a negative result in 2007 to almost10% which is close to the company’s required rate of return. The gross pro fit margin for the company however has been stable. Quality Products Division

Reflection on the Development of a Nursing Teacher Essay

Reflection on the Development of a Nursing Teacher - Essay Example This paper describes the highlights from an individual analysis of my competence as a preceptor (Forest, 2004:77-78). Different students have varying learning styles and this gives me the impetus to assess whether I have been able to address the needs of each student (Black, 2004:68). I have to discern the abilities of the students carefully in order to determine whether they have gained the relevant skills. Using the John’s reflective model, I embarked on a reflection to identify my progress as a nurse playing the assessment role. Guided by this model, I related to experiences in the workplace, their consequences, and influencing factors and highlighted how such experiences have improved my learning process. Due to the varying learning needs of students, I have allocated different sessions for each student whom I should assess. I give attention to first year students who are new in the course and are taking their first clinical practice. Understanding their personality is ess ential as it helps me determine the best approaches to use to impart skills in each student. (Fleming, McKee, and Huntley-Moore, 2011:450-457). In addition, students need guidelines to help to help them run activities on their own. Understanding the different learning styles and designing appropriate assessment skills will help me become a better preceptor (McDonough and Osterbrink, 2005:89-90). In the future, I should be able to assess each student extensively and help him or her improve in learning the relevant nursing skills. From my own learning orientation, I can present concepts effectively and then advance to giving details of the concepts. However, I realize that this puts off analytic learners who expect a stepwise presentation of ideas so that they can construct the complete picture. I have to broaden my assessment methods and rise above the challenge. Experience has taught me how to address the different personality types in assessment. Endowed with characteristics of an introvert, it becomes demanding to design effective modules for students who are extroverts, as they need more interactive sessions (Li, Chen and Tsai, 2008:71-74). However, I have been trying to give students group work tasks on critical issues at times in order to address the needs of judging extroverts. Feelers need a more sensitive approach that will create a favorable learning environment. Understanding the varying needs prompts me to use a more integrative assessment approach. Through this understanding, it becomes easier for me to develop strategies and standards of assessment. A nurse preceptor has the responsibility of nurturing the traits of a good nurse in the learners. I realize the importance of this and I have been presenting them with tasks that build patience and compassion. Nurses should be able to nurture well and possession of this trait prompts many students to take up nursing after their personality type tests (Li, Chen and Tsai, 2008:71-74). As an assessor, I s hould complement this trait with a critical understanding of the nursing practice in the students. An efficient nurse should be able to make critical judgment on different occasions. In order to build this criticality in making judgment, i present my students with critical tasks each week in which they describe their actions and ethics and values that dictated their decisions in each task. The most important aspect I have learned as a nurse teacher is that facilitation of the learning process is more effective