Effective Governance Essay Example for Free

Effective Governance Essay Every successfully running organization that wishes to continue working with bright colors, intends to work in such an order that could help them not only to come up to the standards expected by their clients but also to meet their targeted objectives. This helps in survival and future success of the enterprise. To continue working like this, every organization would need effective governance that could help it in achieving its goals and objectives. Till now, there hasn’t been a proper definition of Effective Governance known yet, but it can be understood as the set of all the procedures, laws, processes, customs, policies, controls and systems that are used to safeguard the comp any and help to grow assets through which an organization can proceed in a successive manner. Effective governance is required for every company because it needs a strategic set of systems, controls, laws and regulations for its external capital, financial transactions, investment, growth and also to prevent relationships with stakeholders and others. In short, governance is a set of procedures, controls and systems through which a company prospers while securing accountability. On the whole, governance is entirely an internal system which helps the company in carrying out effective operations in collaboration with the external resources. External resources include the external capital and shareholders. External capital is the loan or equity used for the financing of the company to carry out their business activities, investment and growth. Shareholders and stakeholders are the external resources who make investment in the company’s business to make profit. The outcome of making investment in the business by the stakeholder/shareholder goes to the economic development of the country. It not only strengthens the confidence of the organization and investors, but also gives a boost to the social economy and helps in building up a strong relationship between both. Economic power of any nation can be measured from the annual investments made by the investors, shareholders, stakeholders in different organizations. The more sound and subtle investment made, the more a country would prosper and become stronger internally. Principles of Effective Governance: †¢ Leadership †¢ Empowerment and accountability given to stakeholders †¢ Good communication †¢ Fair service †¢ Perform to accomplish †¢ Measure †¢ Learn to grow †¢ Participation of the board †¢ Shareholders’ awareness According to an adverb, it is said that â€Å"Action speaks louder than the words†. So is with the companies with governance. A company having proper and effective governance has the ability to work more efficiently and in productive manner than any other company that does not have any sort of set of rules or governance to act upon. This governance applies on every single entity in the company. Let it be the entrepreneur, employees, management, shareholders, and other related bodies to the organization. All the people relating to the company would be satisfied that the organization would run in an ethical manner because it has a set of systems and controls that drives it to run smoothly and in a specific manner, that not only would help it to run productively but also has a certain future adjacent to it. It also helps in letting know about the responsibilities of every person related to the company that what should be their role to act upon in order to bring the maximum outcome from the business and thus, creates reputation of the company. In short, effective governance acts as a tool to run the business efficiently and produce remarkable results and profit. Good relationship with the stakeholder matters a lot for the business as well, that is why managing a good communication level with the shareholders is also very necessary and is a part of governance since governance depends on the establishment of manageable communication between both. Stakeholders can be individuals or institute who are part of the company externally. They are involved through the investment they have made in the business to promote the company and generate revenue. The involvement depends on the amount of financial investment they have made in the company. The relationship can be direct or indirect. Previously, effective governance was taken as a source to capitalize on the profits and revenue an organization can generate as much as possible. But, with the passage of time, governance processed and involved the aspects of responsibility, accountability and prevention of stakeholders, shareholders interest. Effective governance not only develops the company’ reputation but also safeguards and helps in protecting the risk of downfall of company’s reputation and status. An important factor that every organization would need is â€Å"Board of Directors†. This talented and diversified team is responsible for managing the whole infrastructure of the company and looks after the internal and external affairs including the relationship of stakeholders and carries out the maximum accountability. This is because the board of Directors is legally fully responsible for every matter that is handled and they can delegate the matter accordingly. If not practiced properly, the entire economic system of the country could go on stake because most of the public oriented companies deal on public shares, and without derived governance, the whole situation can be vulnerable. Any country’s economic platform cannot continue without effective governance, because it cannot rely on the government policies (that keep on changing due to the political conditions), nor any regulatory agency which in intact with the government policies and works for companies with stakeholders. Another factor that affects the governance of a company is decision making by the senior management. Decision making by the management ensures that the work carried out is a major responsibility that is made by following the company’s policies and procedures. It must ensure compliance with legal, regulatory and social requirements in their area of responsibility.

Shakespeares Macbeth - Lady Macbeth Far Worse than Macbeth :: GCSE English Literature Coursework

Lady Macbeth Far Worse than Macbeth      Lady Macbeth is depicted as being much worse than her husband in Shakespeare’s play, Macbeth. Although they both think of murdering King Duncan as soon as they hear the witches' prophecies, Macbeth thinks more about what he may or may not do, whereas Lady Macbeth immediately appeals to evil spirits to give her the strength to kill Duncan. When Macbeth first hears the prophecies, and when the prophecies begin to be fulfilled, he does think of killing the king, but also, towards the end of Act 1, Scene 3, he thinks that perhaps he doesn't need to do anything to become the king : "If chance will have me king, why, chance may crown me without my stir." On the other hand, Lady Macbeth, on receiving the letter telling her about the witches' prophecies, she immediately thinks that she and Macbeth will have to kill king Duncan. She also decides that Macbeth is too nice to kill the king, sayin that he "is too ful o' the milk of human kindness" and when she hears the Duncan will visit their castle that night, she immediately appeals to the evil spirits, to (ironically) give her the strength to kill the king. In Act 1, Scene 7,   Macbeth is doubtfull of Lady Macbeth's plot to kill the king. He doesn't think that he will be able to live with the guilt of killing his king while he is staying under his very roof, and then decides that he will not kill the king. This shows that Macbeth is thinking about what he is going to do, and shows that he does feel guilt and is weighing up the situation, unlike Lady Macbeth who never thinks twice about killing the king. When Lady Macbeth notices that Macbeth has left the room, she goes to speak to him. Macbeth firmly tells her that they will not kill the king : "we will proceed no further in this business".   Lady Macbeth, however, tells him that his love is worth nothing if he refuses to go through with the plan, saying that his love is as accountable as his indecisiveness. Macbeth wants his wife to love him and wants her to trust him, so he agrees to go through with their plan. The way Macbeth questions and thinks about killing the king shows that he knows that killing the king is wrong and that he will feel guilty if he does so.

Global Warming Crisis Essay

Global warming pertains to the increase in temperature of the atmosphere based on the entrapment of gases that are emitted from activities on the surface of the earth. The increase in temperature is a direct result of the greenhouse effect, which involves heat that originated from the sun, which is entrapped within the atmosphere due to several factors. Scientists have determined that the atmosphere’s temperature has increased since the industrial revolution, which has maximized the use of chemicals in manufacturing various kinds of materials in industry. There are four principal gases that have been identified to be primarily responsible for the onset of global warming. Carbon dioxide (CO2) is accountable for approximately half of the greenhouse gases in the atmosphere (Pearson and Palmer, 2000). This gas is a by-product of fossil fuel combustion, which involves burning of coal, natural gas and oil. It is also generated from deforestation activities, which have increased for expansion of industrialization areas. Trees utilize carbon dioxide in their photosynthetic reactions, but it there are fewer trees in the environment, less CO2 is removed from the atmosphere, leaving the environment with excess amounts of CO2. Another gas that has been determined to be responsible for global warming is chlorofluorocarbons (CFCs), which are the primary constituent of plastics and aerosols, as well as refrigerants in air conditioners. Chlorofluorocarbons make up approximately 25% of the greenhouse gases in the atmosphere. Thirdly, methane gas (CH4), which comprises approximately 12% of the greenhouse gases, is also accountable for global warming. Methane gas is released during the decay of organic matter, as well as in the stomachs of cattle, sheep and termites, yet, most of the gas is currently generated by industrial companies. Lastly, nitrous oxide (N2O) is responsible for approximately 6% of the greenhouse gases. It is a by-product of industries, as well as nitrogen fertilizers, volcanic eruptions and livestock manure. Global warming not only affects the weather, but it will also affect natural habitats. Higher levels of CO2 may facilitate the growth of forests, facilitating them to flourish and bloom. The warmer ocean waters will be helpful to fish and algae in the high seas. However, those organisms in higher elevations will find difficulty in surviving in warmer environments. Higher temperatures in oceans may kill corals, which are the nurseries for fishes and other aquatic organisms. For the human population, global warming may cause more incidents of infectious diseases such malaria, as well as systemic health problems such as heat stroke and respiratory diseases. Currently, the world is confused as society is ignorant of the detailed effects of global warming. Society is aware the summers are now longer and more intense and winters are envious of summer’s wrath, unleashing a fury that rivals the intensity of the heat. This is actually what global warming does. It confuses the world and now currently has also succeeded in confounding scientists. From a scientific point of view, global warming can be understood as a global environmental phenomenon which is characterized by an increase in the average temperature of the Earth’s near-surface air and oceans (Smith and Reynolds, 2005). There is certainly no doubt that global warming has a very detrimental effect on the environment as it causes rising sea levels and alters the amount and pattern of precipitation that a areas all over the world get (Gregory et al. , 2002). These environmental changes are also the projected causes of other ecological changes such as increases in the frequency and intensity of extreme weather events which in turn creates changes in agricultural yields, glacier retreat, reduced summer stream flows, species extinctions and increases in the ranges of disease vectors (Choi and Fisher, 2003). Based on the current scientific projections, the temperature of the world is expected to increase by 1. 1 to 6. 4 Â °C (2. 0 to 11. 5 Â °F) between the years 1990 and 2100. While most of the studies and projection models that have been utilized for these estimates cover the period up to the year 2100, global temperature warming and sea level rise are expected to continue for more than a millennium even if no further greenhouse gases are released after this date (Haigh, 2003). This is due to the melting of the polar ice caps which is estimated to continue due to the changes that have already occurred in the world’s temperature. One proposal to answer to the problem of global warming is a lot simpler in theory than it is in practice. Given the rate of economic growth of many of the developing countries and the shift of production to the lesser developed countries, the implementation of any global protocols is easier to imagine than to implement (Torn and Harte, 2006). Greenhouse gases, which are cited as one of the main causes of global warming, are most commonly emitted from the highly industrialized countries and the less developed countries which rely heavily on industrial machinery for production. The problem in this scenario is that by cutting back on the emission of greenhouse gases, a majority of the world’s production of most major goods will be affected. The economic costs not to mention the technological impediments that preventing the shift to more environmentally friendly methods make the reduction of these greenhouse gases extremely difficult (Rudiman, 2005). There have been steps that have been taken to reduce the levels of greenhouse gases. In order to address the situation of global warming, many countries have participated in the world’s primary international agreement on combating global warming which is the Kyoto Protocol. An amendment to the United Nations Framework Convention on Climate Change (UNFCCC), the Kyoto Protocol binds signatory countries to reduce their emissions of CO2 and five other greenhouse gases. In the alternative, it allows these countries to engage in emissions trading if they are able to maintain or increase emissions of these gases (Wigley, 2007). The problem with this protocol, however, is that it exempts developing countries from meeting emission standards in Kyoto (Choi and Fisher, 2003). Some of the countries that have been exluded from this list are China and India, who are ranked as the second and third largest emitters of CO2, behind the United States. It is clear therefore that even despite these actions much more work is needed in order to address the problem. The implementation of international protocols and requiring countries to meet certain environmental standards is certainly a big step towards addressing this issue. More intergovernmental cooperation is also another prospective answer to this problem. The more developed countries should also take the lead in encouraging the shift away from more traditional methods of production towards more environmentally friendly methods through the award of grants and exchange of technology (Torn and Harte, 2006). The creation of a body that is designed to not only specifically develop policies regarding this issue but also be given the power to enforce these policies will allow for the more efficient reduction of these greenhouse gases (Torn and Harte, 2006). References Choi O and Fisher A (2003): The impacts of socioeconomic development and climate change on severe weather catastrophe losses: Mid-Atlantic region (MAR) and the U. S. Climate Change Vol. 58, pp. 149. Gregory JM, Stouffer RJ and Raper SCG (2002): An observationally based estimate of the climate sensitivity. J. Climate 15(22):3117-21. Haigh JD (2003): The effects of solar variability on the Earth’s climate. Philos. Trans. Roy. Soc. A: Math. Phys. Eng. Sci. 361(1802):91-111. Lean JL, Wang YM and Sheeley NR (2002): The effect of increasing solar activity on the Sun’s total and open magnetic flux during multiple cycles: Implications for solar forcing of climate. Geophys. Res. Lett. 29(24):2224. Pearson PN and Palmer MR (2000): Atmospheric carbon dioxide concentrations over the past 60 million years. Nature 406(6797):695–699. Revkin AC (2005): Rise in gases unmatched by a history in ancient ice. New York Times, November 25, 2005. Rudiman W (2005): How Did Humans First Alter Global Climate? Sci. Am. , March 2005 issue. Smith TM and Reynolds RW (2005): A global merged land–air–sea surface temperature reconstruction based on historical observations (1880–1997). J. Clim. 18(12): 2021-2036. Torn M and Harte J (2006): Missing feedbacks, asymmetric uncertainties, and the underestimation of future warming. Geophys. Res. Lett. 33(10):L10703. Wigley T (2007): The Kyoto Protocol: CO2, CH4, and climate implications. Geophys. Res. Lett. 25(13):2285.

Can and Should Sociology be Value Free. this essay is...

The term value neutrality was used by Weber to indicate the necessary objectivity researchers need when investigating problems in the natural sciences. Weber even though had introduced the term and accepted a scientific in the study of sociology, he did not believed that absolute objectivity is attainable. Weber said that value neutrality should be the primary aim in sociology but it cannot be obtained since sociology is the study of human behaviors and society thus making it prone to personal views and value judgments. He recognized that values would influence the choice of topics for study. The reason for his claim was, sociologists had to choose from the vast knowledge in sociology to be studied. Inevitably, this will result value†¦show more content†¦According to Max Weber, individuals view the world from a value laden perspective. It is impossible to exclude feelings, personal views and judgments, since human beings the subject matter for sociology have feelings, emotions and consciousness. For example, Karl Marx, the founder of Marxism believed that social stratification is not functional to society, defying many Functionalists claim. One can argue that Marx had just made a value judgment based on his own ideas on how the society should be run. It can also be argued that though social stratification is said to be supporting status quo, it is functional in maintaining social solidarity by providing the most important positions in society to the most highly motivated and qualified people. Values and facts in the study of sociology cannot be separated. According to Alvin Gouldner, similar to a Minotaur, where the bull and the man cannot be separated, values enter every stage in sociology. Sociologists would inevitably use the concept of domain assumption in their research. Domain assumption refers to the assumption made or things in the process of proving the theories that are taken for granted by the researches. Sociologists act on their taken for granted assumption. For example, functionalists claim that society is and will always be in the state of balanced and stabled. How do they know that society is always in the state of balance? Clearly theirShow MoreRelatedQuestions On Group And Team Terminology And Concepts From A Theoretical Perspective1516 Words   |  7 Pages1. Questions Related to Group Dynamics Introduction This assignment asks you to respond to a number of questions that address the more. Be sure to include citations in proper APA citation format and a reference list following the conclusion of the essay. This assignment is worth 15 percent of your final course grade. Purpose The purpose of this assignment is to further develop your knowledge of group and team terminology and concepts from a theoretical perspective. 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