Monday, January 20, 2020
The Benefits of Integrating Computers into the Early Childhood Classroom :: Teaching Education
The Advantages of Integrating Computers into the Early Childhood Classroom Each year, new technologies hold the promise to alter the way we think and learn. Computers are prevalent everywhere, and they are making their way into school systems around the country (Roberts, Carter, Friel, and Miller, 1988). It is obvious that there is a demand for technological instruction in high school and college. However, the question of if computers should be implemented into early childhood classrooms is still prudent. With computers all around us, it is inevitable that children will be exposed to them, and they will eventually be facilitated into their daily lives. The purpose of this research paper is to explore the advantages, disadvantages, and methods of integrating computers into the early childhood classroom. How Computers Effect Young Children Early childhood experiences should maximize young childrenââ¬â¢s overall growth and development. Their eyes should be opened to the wonderment of learning and the pleasures of discovery. Computers can by an important tool to optimize young childrenââ¬â¢s potential, and help aid the learning process (Scoter 2001). Before deciding to introduce children to computers, it is important to address the potential benefits and dangers the machines have on youths. Potential Dangers Some people believe that computers should not have a place in early childhood classrooms. They speculate that computers will rob children of their childhood, replace other activities, reduce creativity, and lead to social isolation. It is feared that computers will force them to learn what they are not ready to learn. The machines are often viewed as one more thing to rush young children through their vital childhood years (Scoter, 2001). Whether computers will rob children of their childhood totally depends on how they are used. If children are forced to use computers for lengthy periods of time with drill software, computers could very well rob them of their childhood. On the other hand, if computers are used in appropriate ways that meet childrenââ¬â¢s development level, they can benefit young children, and teach them what they are ready to learn (NAEYC, 2001). It is also believed that computers will replace other childhood activities, such as building with blocks, painting pictures, or playing ââ¬Å"houseâ⬠. Exposure to computers may hinder childrenââ¬â¢s developing understanding of the real world. In reality, this does not occur. Whenever something new, whether it is a paint set or a computer, is first introduced into a classroom, all the children want to use it.
Sunday, January 12, 2020
Business School Essay
Since I first entered university, I have evolved from being convinced that an MBA was a necessary part of my future, to believing that MBAs made careers of victimizing other people, to realizing that an MBA truly will help me achieve my passion, which is helping people in my native China. I am now passionate [Comment 1] about attending Wharton to challenge myself with powerful business lessons that will help me grow as a leaders [Comment 2] . My alma mater offered an orientation program that offered [Comment 3] new admits consultation on academic study, and more importantly,[Comment 4] early career plan. I was excited to learn that the tests confirmed what I already expect [Comment 5] ââ¬â that I showed a strong ability in business. Starting that day, I pinpointed [Comment 6] MBA as an ideal master degree to pursue following several years of solid work experience. With plans made, I embarked on the trek by opting to major in international finance, in addition to taking a broad spectrum of business-related electives including intermediate accounting, economics and banking. Although most of the teaching materials [Comment 7] derived from the communist time while [Comment 8] teachers still resorted to the stale methodology of indoctrination, I looked forward to every class that gave me new insights into how good business [Comment 9] function. I missed a chance to have [Comment 10] more interactive learning environment and to be able to challenge the lessons that we were taught, but the classes further solidified my plan to acquire a formal business degree. Originally my career plan was simple: to excel at [Comment 11] workplace, get an MBA, and then work as [Comment 12] top strategy consultant before settling down as an executive at a corporation. I was happy with my career progress as an Information Technology consultant, but it was not always smooth. While my project at International Media Corporation, my second employer, was in high gear, the 9. 11 tragedy reduced international travel to a standstill. (For details, please see essay No. 2. As if this were not enough, the ensuing fiber-optic scandal in which International Media Fiber Optics [Comment 13] was involved, worked perfectly as [Comment 14] the last strawââ¬âit forced our parent company to suspend its China-based operation [Comment 15] , including my project. That meant that I was unemployed. For the first time in my life I needed to assess my career plan. I had done nothing wrong, but the action of other [Comment 16] affected me and [Comment 17] put me out of job. Was th is what MBAs did? Did they ruin other peopleââ¬â¢s jobs? Comment 18] For a time,[Comment 19] I started to think that the business world was not where I would [Comment 20] be. Over the next six months I got a much clearer picture of what I wanted to do. [Comment 21] I gained experience in the UN initiative (for details, please see essay No. 3) and I reflected upon the world at large. What did I want to do, other than plan for my next promotion or consulting assignment? What did I want to be in twenty years? Consequently, this experience allowed me to contribute to society and to learn more about what I wanted. [Comment 22] My work in [Comment 23] the UN substantially changed my view of MBAs. This time, I started to perceive MBA [Comment 24] from a new angleââ¬âfirst and foremost, MBAs [Comment 25] must be socially responsible before they can aspire to reap professional achievements; otherwise they are still doomed to failure however smart they are. [Comment 26] This was again solidified by my acquaintance and mentorship, at the [Comment 27] UN conference, with an investment banker turned philanthropist,[Comment 28] also the founding chairman of the US-based Green Earth Institute. There were, and are, responsible people and organizations after all. I realized that I could be earn an MBA and make an impact just like those people! Six months on, I headed back to the corporate world, confidence recovered. National Data Systems (NDS) seemed an ideal place to start my career anewââ¬âI knew so the minute I saw the receptionist for interview [Comment 29] ââ¬â in lieu of charming girls [Comment 30] , a disabled person handled the task. Later I learned this deep-rooted culture resulted from NDSââ¬â¢s strong advocacy of handicapped-hiring. As for me, I further extend it to hiring veterans in my department. Not only do I commit [Comment 31] social obligations, but the department actually benefit [Comment 32] from their ultra reliability and diligence. In addition, I volunteered as the department representative for the office health and safety initiative. Mid 2004 will witness my departmentââ¬â¢s consummation [Comment 33] of a worldwide business transformation project, to which I have been contributing as a IT consultant and project co-leader. This is [Comment 34] perfect opportunity to see my current work to completion and then embark on my new endeavor. Upon graduation, I would like to join a top-tier IT corporation and rotate in different functions in its leadership/executive development program at mid-management level. I see this ad [Comment 35] being important for gaining the management experience that I will need for my true long-term passion, which comes from my work in the UN. I want to help the underprivileged in China. Consequently, I plan on establishing an IT-based NGO in the long run. My business experience gained from my post-MBA job will render me better positioned [Comment 36] to contribute to this scenarioââ¬âapplying cost-effective technologies (only possible through my experience with an elite technology firm) to improve the quality of life in communities that have not changed in decades, if not centuries. After all, the betterment of the entire nation cannot hinge upon the prosperity of but a number of regions or cities. Based on my experience in consulting and the UN [Comment 37] I believe that managing an NGO shares much synergy with running a for-profit business. The leadership experience developed and social connections established in the business arena should be most conducive to my long-term career aspiration. The end of my achievements in business will ultimately find their way in the social cause. Yes, financial standing is an important yardstick,[Comment 38] against which personal success is judged; however, it will be even more fulfilling if I can share this success with the needy and bring benefits to them. As the [Comment 39] leading business school, Wharton offers many lectures in addition to [Comment 40] cases that prepare students for all kinds of real business challenges and opportunities, which caters [Comment 41] well to my career aspiration [Comment 42]. Admittedly, Wharton is most famed for its strength in finance; however, it has, over the years, [Comment 43] also produced a plethora of successful general managers. Having said that, I [Comment 44] trust Wharton is where I can attack my weak link by brushing [Comment 45] up my financial skills, which I believe are indispensable to my career advancement later on. ââ¬Å"He is a sharp cookie, a natural leader just waiting to burst out of his shellâ⬠, goes the comment on my first performance review. My communication with Wharton students and alumni has fully attested to my belief that Wharton is the very school that will transform me from a candidate to a bona fide leader of the future.
Saturday, January 4, 2020
Financial Crisis Essay - 1088 Words
Marconi (2010) believes that the role played by the institutional investors propagated the financial crises. Institutional investors, which is both, individual or companies do enjoy the benefits of reduced commission preferential regulations. This is due to their large and professional investments. Institutional investors like the mutual funds, pension funds, hedge funds like Magnetar Capital, and Life insurance companies like the AIG and investments trusts contributed to the global financial crises of 2007-2008. This financial crisis also referred to as the great recession was triggered by liquidity problems in the United States economy. Many large financial institutions collapsed according to Geczy (2010). The government had to bail outâ⬠¦show more contentâ⬠¦There were breaches in accounting practices and general breach of business ethics. The bank directors and the chairman are accused of having certified false financial statements and not disclosing key financial practice s in the bank. Among the undisclosed practices was the Repo 105. The Lehman had been using it from 2001, it involved using the Repos to finance assets and treating them as sold Repos while accounting. This according to the report was abuse of ordinary repurchase agreements, it was done to lower the banks leverage as was asked of investment banks toward the end of 2007. The bank at times even involved its subsidiaries. Financial leverage should have been attained by borrowing and investing the same at higher interest rates. The auditors Ernst Young have been accused of professional negligence for failing to disclose these practices thus misled the investors on the financial status of the bank. Some critics cite the complex financial systems and financial investment products to have been the trigger of the 2007-2008 financial crises. According to Laurence (2010), other factors include: failure of effective regulations in the investment markets, inappropriate credit interests, and self interest practices among the institutional investors. According to Hughes (2011), some critics also argue that the institutional investors were behaving in irrational mannerShow MoreRelatedSpanish Financial Crisis1063 Words à |à 5 PagesSpanish financial crisis Introduction (source: Wikipedia) The 2008ââ¬â2010 Spanish financial crisis is part of the world economic crisis of 2008. In Spain, the crisis was generated by long term loans (commonly issued for 40 years), the building market crash which included the bankruptcy of major companies, and a particularly severe increase in unemployment, which rose to 13.9% in February 2009. Spain continued the path of economic growth when the ruling party changed in 2004, keeping robust GDPRead MoreFinancial Crisis And Its Effects On Financial Institutions871 Words à |à 4 PagesThe recent financial crisis has a huge impact on systemic Important Financial Institutions; itââ¬â¢s distressing effect can be felt in almost every business area and process of a bank. A fairly large literature investigates the impact of financial crisis on large, complex and interconnected banks. The great recession did affect banks in different ways, depending on the funding capability of each bank. Kapan and Minoiu (2013) find that banks that were ex ante more dependent on market funding and had lowerRead MoreFinancial Crisis And Its Effects On Economy1413 Words à |à 6 PagesIn 1997, Asia financial crisis broke out. It brought a huge and negative influence on economy of Asia, even the world economy. Financial crisis which is the value of financial assets decline, lots of financial ins titution out of business or stock market crash. Currency plays an important role in the market. It is a base that keep economic stability in the country. When currency change significantly, the countryââ¬â¢s economy in turmoil. The financial crisis started from Thailand, and then PhilippinesRead More1997 Asian Financial Crisis4291 Words à |à 18 Pages1997 Asian Financial Crisis Angelica M. Montefalcon 4FM2 I. Introduction For about twenty years, East-Asian countries were held up as economic idols. They were hailed as the ideal models for strong economic growth of developing countries because of their high savings and investment rates, autocratic political systems, export-oriented business, restricted domestic markets, government capital allocation, and controlled financial systems. 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What are the possible immediate triggers for both the current and potential new crises? What precautions should be taken for the key issues like the fragility of the financial and banking systemRead MoreFinancial Crises And The Economic Crisis2055 Words à |à 9 PagesIntroduction Financial crises are fundamentally, periods of economic turmoil. This essay is an analysis of the underlying economic scenario in three specific financial crises that have occurred, since the Wall Street crash of 1929. It goes on to explain its impact on global trade and the lessons that G20 governments can learn from them. Synopsis of the problem The focus of this essay is the Global financial recession of 2008 (also termed as the Great Crash), Mexican crises of 1994 ( famously calledRead MoreFinancial Crisis Essay1119 Words à |à 5 Pagesperiods of economic turmoil in the past several decades; the 1979 energy crisis, the Savings and Loans crisis of 1982, the ââ¬Å"Black Mondayâ⬠global stock market crashes of 1987, the Dotcom bubble of 2000-2, the recession of 2002-3, the housing bubble and subsequent crisis of 2006-2008. It is from many of these crises that we can observe a pattern; many periods of economic downturn could have been prevented had common sense financial policies been enacted prior to these red periods. A prime example ofRead MoreFinancial Crisis762 Words à |à 4 PagesSyndicate group assignment What were the origins of the Asian currency crisis? The Asian currency crisis was a period of financial crisis started in Thailand in July 1997. Many Asian countries experienced a financial crisis are a large drop in the value of its currency and a large drop in its traded equity prices. Before the crisis happened, many Asian countries produced a dramatic reduction in poverty and rapid economic growth. Behind the boom, thereRead MoreWhat Is A Financial Crisis?1671 Words à |à 7 PagesWhat is a financial crisis? According to Mishkin and Eakins (2015), ââ¬Å"a financial crisis occurs when information flows in financial markets experience a particularly large disruption, with the result that financial frictions and credit spreads increase sharply and financial markets stop functioning. Then economic activity will collapseâ⬠(p.165). Throughout history the United States of America has experienced six significant financial crises. Each crisis left the United States of Americaââ¬â¢s economy
Friday, December 27, 2019
The Social Environment Essay - 802 Words
The Social Environment Ethics and Social Responsibilities ---------------------------------- Ethics are moral principles and judgements that many people believe should be considered when a business makes any decision (for example, what is ââ¬Ërightââ¬â¢ and ââ¬Ëwrongââ¬â¢? What is ââ¬Ëgoodââ¬â¢ and ââ¬Ëbadââ¬â¢?). Social Responsibilities are the duties that a business has towards the people who are affected by its activities, for example, customers, employees, suppliers, and the local community. A ââ¬Ëgoodââ¬â¢ business is deemed to be one which acts in a socially responsible fashion, and takes ethical decisions and actions at all times. It minimises waste, it creates wealth, it treats its employees well, it respects the environment, it does not employâ⬠¦show more contentâ⬠¦Pressure Groups --------------- Pressure groups are organisations that develop in order to tackle a matter of vital interest to the members of the group (e.g. campaigning against businesses which cause pollution, or test their products on animals). They do not have any direct political power, but they often aim to influence the actions of local government and central government, as well as the actions of businesses. Pressure groups can generally be classified as: 1. Interest groups: These groups are established to further the interests of its members and to make the general public aware of its cause (e.g. trade unions). 2. Cause groups: These groups are established to further a particular cause (e.g. animal welfare) as to make the general public aware of this cause. 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Thursday, December 19, 2019
A Famous Phrase Attributed To Deng Xiaoping Is The Following
A famous phrase attributed to Deng Xiaoping is the following: ââ¬Å"If you open a window for fresh air for longer than 10 hours, you have to expect some flies to blow inâ⬠(Minzer). This saying aptly illustrates Chinaââ¬â¢s stance on openness. Both Russia and China have their roots in authoritarian regimes that did not tolerate a single opposing voice; the death count of such people says it all. They strictly limited the entry of any foreign idea. Today, liberal reforms have softened the sharpest edges of these past regimes but the governments still retain enormous power over the people. Russia and China limit popular sovereignty in a variety of ways. Both see political freedom and liberty as threats to government sovereignty. Internet regulation,â⬠¦show more contentâ⬠¦Similarly, China has employed censorship since the time of Mao Zedong. In 1966, the communists embarked on a campaign to eradicate the ââ¬Å"Four Oldsâ⬠, which included old customs, culture, habi ts, and ideas that conflicted with communist ideology. The works of many writers that criticized Maoââ¬â¢s ways were expunged. Television was censored, as Mao required media outlets to remove foreign or opposing ideas and highlight the glories of the Communist party. For example, sensitive parts of aired British telecasts were omitted and were replaced with captions extoling Mao. Millions were killed for opposing Maoââ¬â¢s plans, such as the Great Leap Forward and the Cultural Revolution. Clearly, China in the past also employed widespread censorship to snuff out opposition (Stauffacher). Admittedly, the Internet did not exist during these times, but both past regimes recognized outlets that had the greatest influence on the people and quickly moved to censor them, whether it was television, literature, movies, or art. Similarly, the Internet today has enormous influence over the countriesââ¬â¢ respective populations. Furthermore, neither Russia nor China has transitioned t o a fully functioning liberal democracy. Therefore, it is not surprising that the both governments have moved to censor, or regulate, the Internet. Following the collapse of the Soviet Union, Boris Yeltsin made dramatic strides to a liberalShow MoreRelatedManagement Course: MbaâËâ10 General Management215330 Words à |à 862 Pagesdatabase surveys of many other companies) has made it clear that all this complexity has been changing the fundamental dimensions of business strategy and the meaning of its implementation. These changes affect a broad range of decisions, including the following: ââ" ââ" ââ" ââ" ââ" ââ" ââ" How to invest in technology How to lead meaningful human resources initiatives How to maintain alliances successfully What the speed of new product or service development should be What the appropriate time horizons for investmentsRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words à |à 656 Pagesfact that average rates of return and female migration were similar for the southern Chinese. Conversely, both the United States and Manchuria started with populations of about 6 million in 1800 and received similar numbers of migrants over the following 140 years, yet this produced a population of 134 million people of European descent in the United States by 1955. Lower return rates, higher rates of female migration, greater economic growth, and better conditions of settlement all conspiredRead MoreExploring Corporate Strategy - Case164366 Words à |à 658 Pagesfully capture the richness and complexity of real-life management situations and we would also encourage readers and tutors to take every possible opportunity to explore the live strategic issues of organisations ââ¬â both their own and others. The following brief points of guidance should prove useful in selecting and using the case studies provided: ââ" The summary table that follows indicates the main focus of each of the chosen case studies ââ¬â together with important subsidiary foci (where appropriate)
Wednesday, December 11, 2019
Information Technology and Business Level Strategy
Question: Discuss about the Information Technology and Business Level Strategy. Answer: Introduction: As stated by Barber et al. (2016), with the evolving technology, businesses are becoming more and more depended on it. Technology has changed the business for better by streamlining the sales technique and sales process. In fact, as commented by Drnevich and Croson (2013), Companies those stay behind the successful utilization of technology for their sales or marketing purpose, fail to compete with the other competitors in the market. The aim of the report is to carry out a detailed analysis on the use of technology for the sales purpose. Dominos Pizza has been selected as the case study for this report. Dominos is a well known fast food brand and is popular for both dine-in and home delivery services. The report shall evaluate the sales objectives, methods of competitors evaluation, importance and benefits of data management and Web technologies. On the basis of the evaluation, certain recommendations will be made. Sales goals and objectives Technological advancement has widened the scope for E-commerce activities. It is for the same reason the sales objectives of an organization include both online and on-store objectives. For Dominos, these objectives can be mentioned here. Online sales objectives: To generate more sales: It is to be understood that Dominos is a fast food company with Pizza as the core product. These food items are usually asked for home delivery. For such instances, online ordering of food is the best possible option for the consumers. Therefore, this option generates more sales (Utvik and Jahre-Nilsen 2016). To improve sales conversion rate: One of the major goals of the Companies is to increase the capability of the particular website to generate more sales. Ordering food online can improve the sales conversion rate to a large extent. To improve sales support: For food selling either online or in store, assistance is important. Similar assistance like availability of a particular product, it ingredients and the cost can be easily available online (Ross 2016). Thus, technology helps to provide better support to the customers. Store-based sales objectives: To build sales and profit: The sales of product can be easily increased if the option of both physical and online stores is available to the consumers. Thus, the primary objective of store based sales in to increase the sales of the product. To increase customer traffic: In the view point of Rao et al. (2016), without the existence of a physical store, the identity of a particular company cannot be established. The customer traffic increases in a physical store and creates an identity for the particular brand or company. To build customer loyalty: Only a virtual store cannot create brand loyalty. However, this can be created if there is a store with a team of workers to serve the customers. Therefore, store based objectives include creating a brand loyalty (Agnes 2015). Tools used by the organization to analyse and understand the competitive environment Keeping a trace of the competitors in the market is very vital. Some of the tools used by Dominos are: Data analytics: It is the process by which, the profit margin and other data of the competitors are taken into account and a comparison is made. The complete process is based on technology and is done with the help of special software and devices. Dominos uses this metric to evaluate the market condition (Agnes 2015). Key Performance Indicators: Another means of analysing the competitors in the market is by evaluation the Key performance indicators. The software help to visualise and analyse the data and comprehend the same to understand the current position in the market. Customer analysis: Dominos also carries out survey and service feedback from the consumers and others to keep them updated about the dynamic choice of the consumers (Bhardwaj et al. 2014). This also help them to understand why consumers like other companies product and how they can make changes in their operational and business activities. Role of strategic alignment between sales goals and technology: The process of linking the organizational structure and resources with the strategies of the business is called strategic alignment. Strategic alignment enables better performance by optimizing the performance of the people in the organization. If the impact of technology is considered, it is one of the important factors that help to create an alignment between the sales goals and technology (Friedman et al. 2016). Therefore, it can be easily said that the business strategies and goal shall be set keeping the sales goals into consideration. As it has been evident that right from taking order to delivering the product, dominos is largely depended on technology and thus, it can be easily said that the Company has aligned the sales goals with technology. Discussion on the benefits of data management As commented by Hazen et al. (2014), the marketers and managers of a Company have to wrestle to keep pace with the management to keep a clean record of the data. With the rise of marketing automation and technological advancement, it has become evident that a clean, valuable and relevant data adds to the success of the sales. Some of the major benefits of data management are: Better control on the data: With better establishment of the data, the operational factors of an organization improve. Better control of the data let the users to list or leads the information irrespective of reach of the person who might be directly or indirectly related to the particular data or information (Law 2015). For instance, the data that is input during the ordering of food can be utilized by the Company to understand the demand of the particular product. Developing a data map: A data map is a onetime output that is designed as a part of arranging the data. A person who is directly involved in considering the data can easily refer to the particular data and get the information easily. For instance, the visitors and consumers of Dominos are asked to provide their personal details. These data are stored in the system and is actually beneficial at the time of contacting the consumers. Importance of adopting Web 2 and Web 3 technologies According to Hazen et al. (2014), Web 2 technologies can be powerful lure that helps to bring more employees in contact with the particular organization. This in turn, strengthens the bond between the consumers and the particular organization. Using the tools like Facebook and Twitter has enabled the Company to reach out more people in a lesser expense. In fact, the speed of communicating or reaching the consumers has also increased by using the Web 2 technology. Web 3 technologies shall allow more intense and clearer means of communication with the employees and the consumers (Bhardwaj et al. 2014). By utilizing this particular technology, a company shall be more benefitted. Threats due to complex and dynamic technological environment: Major threats and competitors of Dominos are other fast food companies like Pizza Hut, McDonalds, and Burger King. These Companies have both physical stores where consumers can visit and have their food and at the same time, these companies offer online sales and home delivery services. With the advancement of technology, the fast food companies are coming up with innovative approaches to attract consumers (Friedman et al. 2016). In addition to this, the companies also come up with discount and other offers that are available for online orders only. This creates situations where consumers are introduced with a number of choices and thus, the sale of the particular brand reduces to some extent because the consumers are opened up to certain choices. This has created serious threats for Dominos. Another important thing has to be considered, Dominos has their own apps which can also be used for ordering food. However, compared to other Companies app and online ordering service, the app o f Dominos is not effective enough (Bhardwaj et al. 2014). This is a serious drawback of the Company. Conclusion: A detailed analysis has been carried out to understand the impact of technology on the sales and other activities of Dominos. It has been found that the Organization has been utilizing the technological advancement for the purpose of its sales activities. However, due to the intense competition, Dominos has been facing certain drawbacks in the market. For instance, Pizza Hut, the major rival company has better sales services when it comes to both online and in-store sales. It has been evident apart from online ordering and calling facilities; Dominos has their app as well that is used for ordering food. It is recommended that Dominos should improve their App and make it more users friendly. In fact, there shall be options of comparing various food items with other pizza companies as well. This way the consumers would be able to compare the food products and there would be clearer chances of gaining better results in terms of selling their product. References: Agnes, M., 2015. Dominos Pizza: A Look At the Timelessness of A Social Media Crisis Plan. Barber, J., Metcalfe, S. and Porteous, M. eds., 2016.Barriers to growth in small firms. Routledge. Bhardwaj, P., Adhikari, R.S. and Ahuja, V., 2014. An Analytical Study of the Facebook Content Management Strategies of Dominos India.International Journal of Customer Relationship Marketing and Management (IJCRMM),5(1), pp.64-78. Drnevich, P.L. and Croson, D.C., 2013. Information technology and business-level strategy: Toward an integrated theoretical perspective.Mis Quarterly,37(2), pp.483-509. Friedman, J., Gellman, S., Haber, M.N., Halberstadt, B. and Amaru, R.M., International Business Machines Corporation, 2016.Data management and control using data importance levels. U.S. Patent 9,349,115. Hazen, B.T., Boone, C.A., Ezell, J.D. and Jones-Farmer, L.A., 2014. Data quality for data science, predictive analytics, and big data in supply chain management: An introduction to the problem and suggestions for research and applications.International Journal of Production Economics,154, pp.72-80. Law, P., 2015. Legal Problems in Data Management: Ethics of Big Data Analytics and the Importance of Disclosure, 31 J. Marshall J. Info. Tech. Privacy L. 641 (2015). Rao, S., Sarkar, P. and Bohra, S., 2016. A Comparative Study on the Perceptions of Service Quality of Dominos and Pizza Hut in Manipal. Ross, D.F., 2016.Introduction to e-supply chain management: engaging technology to build market-winning business partnerships. CRC Press. Utvik, T.I.R. and Jahre-Nilsen, C., 2016, April. The Importance of Early Identification of Safety and Sustainability Related Risks in Arctic Oil and Gas Operations. InSPE International Conference and Exhibition on Health, Safety, Security, Environment, and Social Responsibility. Society of Petroleum Engineers.
Tuesday, December 3, 2019
The Harnswell Sewing Machine Company free essay sample
This paper aims to support Natalie York, the operations manager at Harnswell Sewing Machine Company (HSMC), in her intent to improve product quality in the company. In addition to analyzing production process data of half-inch cam rollers and explaining the results, this paper also gives advice on which actions Natalie should take and how she should approach the CEO and founder of her company. Phase 1 Based on the given description of the HSMC, points 1, 2 and 7 of Demingââ¬â¢s 14 points for management seem to be most lacking in the company. . Create constancy of purpose for improvement of product and service. 2. Adopt new philosophy. 7. Adopt and institute leadership. There is a huge need of organizational transformation in the HSMC and its CEO and founder, Mr. Harmswell, is currently not aware of this need. According to his own words (ââ¬Å"if it ainââ¬â¢t broke, donââ¬â¢t fix itâ⬠), he is not striving for constant improvement and does not act proactively. We will write a custom essay sample on The Harnswell Sewing Machine Company or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Rather than supporting his employees in thinking about how to improve their working environments, Mr. Harmswell relies on his past experiences. He even actively discourages his employees from ââ¬Å"making wavesâ⬠and uses fear as an instrument to paralyze the people in his organization (ââ¬Å"What am I going to do with you if you keep coming up with these ridiculous ideasâ⬠). This indicates that he is rather supervising than leading his employees. Natalie York should think very carefully about her next steps and focus on the specific problem she discovered and not the whole production process when she approaches Mr. Harmswell next time. Natalie will only be able to implement changes when she comes to her boss backed with profound data analysis. Besides the data-based evidence of problems in certain parts of the production process, Natalie should show Mr. Harmswell the positive impact changes will have on the profit of HSMC. Keeping her language simple and her explanations easily understandable is another key for the success of her next steps. After Natalie successfully implemented a couple of smaller changes in parts of the production, Mr. Harmswell might rethink his attitude towards constant improvement and give her more freedom to have a positive impact on the organization. Phase 2: Using the given data about the diameter of cam rollers, we use Minitab to create a ââ¬Å"Xbar-R Chartââ¬Å", as shown in Chart 1 of the appendix. From this chart, we can draw the conclusion that Day 17 is below the LCL, out of control limit. Therefore one can say the whole process is out of control. Natalie notices that the average diameter of batch 17 is extremely low compared to the average diameters of the other batches. Our recommendation to Natalie is that she should check what happened on Day 17 to find the reasons for these out-of-control-results. As the next step, Natalie should take the required actions for solving the discovered problem. Phase 3: After Natalieââ¬â¢s further investigation, it turns out that the reason for the particularly bad results of work on Day 17 is the low temperature in the morning on which the batch was produced. By installing a thermostat in the manufacturing hall they solve this problem. Now, what Natalie should do next is to take this special batch out of the data and draw another Xbar-R chart. After excluding this special case from the data, Natalie can evaluate the rest of the data independently from this ââ¬Å"special eventâ⬠. The new Xbar-R chart shows this one special batch is not the reason why cam rollers always fall short. From the new chart, Natalie might identify what might be the other causes that result in the shortage. For further information, please refer to Chart 2 in the appendix. Natalie and Jim install the thermostat and set the heating control so that heats turns on half an hour before the machine starts to work in the morning. These actions have a positive impact on improving the product quality as the scrap defects were caused by cold temperatures, affecting the normal running of the equipment. After setting the heating control, the machine will warm up to acceptable temperatures in the cold weather. By doing this, any scraps caused by the abnormal status of the equipment in cold weather will be avoided. Phase 4: Chart 3, the histogram of diameters, and Chart 4, the stem-and-leaf display, show that the range is from 0. 5072 to 0. 5077, which means all cam rollers meet the lower specification of 0. 5072 but some exceed the upper specification 0. 5075. The mean of the 150 sample diametersââ¬â¢ is 0. 5075. The mean diameter equals the upper limit of the diameter. There are 71 cam rollers having a diameter of 0. 075, accounting for 47. 3% of all samples; 49 cam rollers have diameter of 0. 5076, accounting for 32. 7% of all samples; 7 cam rollers have diameter of 0. 5077, accounting for 4. 7% of all samples. Chart 5, the pie chart of distribution of diameters, shows that there are 56 cam rollers which have a larger diameter than 0. 5075, while there are only 23 cam rollers wi th diameters below 0. 0575. 56 of the 150 rollers, comprising 37. 3%, are above the specification value. Therefore 37. 3% of them will be reclassified into a different and less costly category, which decreases total revenues and profits of HSMC. If this percentage is applied for the total yearsââ¬â¢ production, out of 7000 cam rollers 2614 will not be available for sale at normal price. Phase 5: Dave Martin, the machinist at HSMC, is already aware of the reasons why he has been producing many oversized cam rollers. With operating room of 0. 0003 inch, he has been aiming for the upper level of diameter because he did not want to produce undersized cam rollers which have to be scrapped. Dave Martin simply did not want to have trouble with Mr. Hanswell and other senior managers of the company. Natalie first needs to persuade Dave to adjust his aim to the exact center value and try to manufacture accordingly. Of course, Natalie needs to give Dave an assurance that he would not be held liable for the results. Because Natalie already has all the data she needs to conform to her forecast, we think it is time to go to Mr. Harmswell. She should show him that there exist some real problems and tell him the importance and positive benefits of adopting changes at HSMC. But she should be very careful not to overload her boss with too many graphs and numbers.
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