Essays on Board Members

Improving Board Performance

Improving Board Performance

Introduction

In a non-profit organization that has been in operation for a considerable amount of time now, it is required that the Board of Directors is compact and the primary driving force for the organization's relevance in its business. However, in our organization, the board has not performed as expected leading to stagnation and poor performance of the organization. After being appointed as the chairperson of the board, my vision is to improve the board performance during my tenure.

In my bid to improve the performance of the board, I will ensure that each board member is ...

Business continuity Planning

Having a business continuity plan is a very important requirement for businesses. A business continuity plan allows a business to be able to deal with large-scale incidences and disaster and allows the business to be able to resume normal operations as soon as possible.

Business impact analysis

The first task the business continuity manager needs to carry out is a business impact analysis. Any business will have risks. The primary role of a business impact analysis is to figure out the impact of risks on the business (Hiles, 2011). Different risks are classified differently. There are critical risks that cannot be allowed ...

Introduction

This is an individual business research report that focuses on the Philip Morris International Corporation (PMI). This paper will critically analyze the corporate elements of the company and evaluate the various strategies employed by Philip Morris (PMI). The critical analysis will culminate in the identification of gaps that would be utilized in drawing a set of recommendations for the company.

Corporate History and Background

PMI is an American company listed on the New York Stock Exchange. It is known for producing and marketing cigarettes and tobacco around the world. PMI is a conglomerate of four major cigarette and tobacco companies including Sampoerna, PMFTC ...

Assignment 2: Middleville Regional Healthcare

Assignment 2: Middleville Regional Healthcare

The Governing Board is objectified towards determining the organization’s strategic direction by means of identifying the external challenges and opportunities and utilizing the internal resources in such manner that it enhance the outcome and efficiency of the organization. The strategic initiatives are incorporated under the strategic plans that are developed by the board members which encompasses the strategies, budgets and responsibilities that are further delegated to the respective departments. In this manner, the continuous analysis of market and the forces that effect the organizational efficiency and productivity takes place and the Governing Board ...

Operational Plan for NAB Company

Key Aspects of Operations Initiating the operational activities of the company, Non-Alcoholic Beverages Company (NAB Co.) would require approximately 200 employees in single shift. The company would be regulating two shifts in a day. The organogram of 200 employees each shift would include production workers, monitoring teams, shift managers, and Melinda Cates in the morning shift. The evening shift would comprise with the similar pattern of labor utilization but Stephen Job would be regulating in order to cross check the morning activity. The company would need a 5,000 sq ft. space initially to place equipment and conduct the ...

Medical facilities, like hospitals, have a unique group of shareholders who play separate roles in the decision making process, or who are differently invested in organizational outcomes. Generally, stakeholders include board members and executive leadership, consumers, and their advocates, clinicians and practitioners, other medical institutions, policymakers, research institutions, and payers, or insurers. One of the most challenging areas of corporate responsibility, for medical providers, is finding a way to balance the need of corporate stakeholders, with the best medical interest of practitioners and patients (AHRQ, 2014). Stakeholders, as individuals or interest groups, have equal stakes in the organizational success, ...

Attribute Standard 1312 issued by the IIA indicates that Internal Audit Departments purporting to follow IIA Standards must have an external assessment “conducted at least once every five years by a qualified, independent reviewer or review team from outside the organization. Two such organizations include World Com and Fannie Mae. The two organizations were in the news owing to various reporting and internal audit practices that may have resulted in their collapse, as is the case of World Com or hefty financial losses for their shareholders and other stakeholders. Consequent to such observations, the objective of this paper is ...

Facts surrounding the case. 3

Key issue. 4 Alternative courses of action. 5 Evaluation of the courses of action. 6 Talent management. 6 Branding. 7 Information technology. 7 The best course of action. 8

References. 10

Federated Co-operative Limited Change Management. Facts surrounding the case. Before 2010, Federated Co-Operatives Limited had several out of date features that influenced its operations by creating weaknesses. One such area was the organizational structure. The organizational structure of Federated Co-Operatives Limited had been hierarchical until the absorption of Scott Banda as the chief executive officer. Other areas of weakness presented in this organization included such processes as Information Technology (IT), ...

The purpose of the paper is to answer the questions of the case study after having the analysis of the case study “Midwestern: Contemporary Art”. The case consists of two parts Part (A) and Part (B). Part (A) contains five questions and part B contains three questions. The paper answers all eight questions in sequential manners.

Part A

Conflicts are the part of the workplace and common in multiple organizations. There are two major types of conflicts include cognitive/task-related conflicts and affective/person-oriented conflicts. Cognitive/task-related conflicts deal with the differences in thoughts, ideas, and opinions. However, affective/person-oriented conflicts include the sense of ...

Corporate social responsibility has in the previous years worked its path into many corporate agendas and policy debates. Its definition has also undergone multiple modifications and is currently evolving along with the societal expectations (Crowther & Aras, 2008). Despite there being no single definition that is globally accepted, several events can be singled out as not fitting the framework of corporate social responsibility. The surprising collapse of Enron Corporation compromised the safety of over 20,000 employees’ pension funds (Silverstein, 2013). The corporation operated as if it was an isolated entity that had no links with the wider society. Due ...

The success of a fundraising exercise by any corporate body or organization may be met with a number of roadblocks that hinder successful fundraising activities. These challenges, according to Walker (2012), include conflicts of interest among board members, board burnout, lack of fiduciary and financial and lack of accountability, professionalism and ethics in fundraising responsibility The most important way of dealing with these roadblocks is to come up with a strategic operational or financial plan in the form of a grant that lists down all the goals and objectives of the organization including its vision, missions, niches, values and ...

Corporate governance refers to a system in which companies in a given region are directed and controlled. It involves a set of relationships existing between the board, management, shareholders and any other stakeholders of the company. Corporate governance as well is instrumental in the provision of a structure of setting the objectives of a company, the means of attaining the set objectives and monitoring performance of the company. Corporate governance lies on four pillars which include accountability, transparency, fairness and responsibility (Sharar, 8). A corporate governance framework is necessary to safeguard the interest of the various stakeholders in any ...

Corporate governance refers to a system in which companies in a given region are directed and controlled. It involves a set of relationships existing between the board, management, shareholders and any other stakeholders of the company. Corporate governance as well is instrumental in the provision of a structure of setting the objectives of a company, the means of attaining the set objectives and monitoring performance of the company. Corporate governance lies on four pillars which include accountability, transparency, fairness and responsibility (Sharar, 8). The Qatar Financial Market Authority (QFMA) was established in 2009 (Sharar, 8). After its establishment, QFMA ...

Introduction

This paper responds to relationship between finance and governance by evaluating how financial decisions are connected to corporate governance. In the rise of limited exceptions to corporate governance and finance seem to have natural tension, if there is no direct opposition. The polarity between finance and governance are two research areas that have been studied separately. It is essential to understand why these two areas function individually and separately. Certainly, the connection between financial decisions and governance are largely unmapped. The most relevant area relates to capital structure decision and their implications in creating a company’s value. Capital ...

Introduction:

Kansas State University is one of the strongest universities in the Mid-West. It has a beautiful campus filled with many green trees and breathtaking views. However, when it turns dark the campus’s unique features are changed into dangerously dark corners, and hard to navigate dim sidewalks. The reality is that the lighting infrastructure used on the campus has not been adequately updated to reflect the campus’s growth, the increase in on-campus activity after dark, or the changes in society that demand light in order to ensure safety. I, therefore, propose that the campus needs to double the ...

Briefing Paper I: Critical Legal Thinking:

United States v. Bhagat: Case Questions: Question 1: Insider trading is the practice in which a person who knows of insider information within a publicity traded company either sells their stock prematurely that they know is going to fall or who tips off a client that the stock is going to plummet in which case, causes the client to sell early and have an unfair advantage in the market, (Cheesemann, 2013). The practice of insider trading is higher regulated by the SEC within the United States. Tipping is the practice of providing insider trading information to another person who ...

It is evident that Walker will definitely have a difficult time trying to create a turnaround situation geared towards seeing Sofna College restore its reputation. The first approach is for Walker to assess the functionalities of every department of the organization including facilities and materials required to enhance learning and participation in extra-curricular activities, the role played by teachers and the financial limitations that could be making the Sofna survive on debt financing. Walker needs to look for ways through which a consultative meeting could be set involving teachers, parents, principles and the ministry. This implies that the first ...

Introduction

Carvajal, S.A is a family-owned holding company that provides printing-related and other products and services to both the Latin America and outside markets. The company had seven other subsidiary companies.It had grown into a leading company in sectors that included yellow pages, notebooks and textbooks, and office furniture. It also funded the family’s efforts of helping the needy in the community. Alberto Carvajal and Mary Alice Crump were worried about the financial returns and the growth of the company. Alberto, 49 years old, was chairman of Carvajal’s board. Mary, 56, was a member of the holding company ...

Introduction

Carvajal S.A is a family business which was founded on the 29th October 1904 and is located in Cali, in Columbia. The business was founded by a man by the name Emmanuel together with two of his eldest sons. The business began as a printing and publishing business. It has since expanded into the sale of notebooks, yellow pages and office furniture even outside the country. With the emergence of new consumer trends such as the internet, the business is faced with a lot of competition such as the availability of the services provided by the business over the ...

Change Management in Bettington Trading and Sons

As a family company, Bettington trading and sons has experienced a commendable growth in business over some years. Transfer of management from one family member to the other with the help a professional board of directors has seen the company remain sustainable due to commitment and relationship building. However, a move to implement change in the organization by a family member tasked with managing the company has met frustrations from the board of directors who do not seem to agree with how this should be done so fast. The management is not in agreement on whether the company should ...

Sofna College is a school that was started to educate the young men in the country primarily. It was mainly to educate the children of the diplomats and respected businesspeople in the society. The school was founded in early 1923. Samuel Stark, Dr Eleye Fearnly and Hilda Berents are among the core founders of the school. The school started in 1923 with a minuscule number of students. Sofna School had just 36 students during its commencement in1923. The school has been developing steadily and by the year 1950, the school had already registered 280 students. This growth has been ...

Problem Statement

Sofna College offers international education for children of expatriates. As such, Sofna College's vision and mission should be geared to more culturally diverse curriculum and engagement. Given current case, school's early operation phase appears to cater, effectively, for needs of children of diplomats while during mission's stint. The expansion in next decades, particularly during 1950's, 1960's and 1970's, appears to further confirm school's success as regional hub of international education as enrolments increased and campuses expanded. By 1980's up to present day, Sofna College appears to be losing strategic direction by focusing, almost exclusively, on expanding campuses. Specifically, by ...

L Brands: Corporate Governance L Brands: Corporate Governance

Overview

L Brands is a world-renowned lingerie, personal care and beauty products company ("About Us," n.d.). Offering flagship brands including, primarily, Victoria's Secret, PINK, Bath & Body Works, La Senza and Henri Bendel, L Brands has U.S., Canada and U.K. as focal operation markets and extends her global presence in around 700 locations by franchised partnerships ("About Us"). The company's central message is personal branding and sexy lifestyle. The business lines, functions and activities, based on brand offerings of L Brands, are reported by specific corporate governance structure and mechanisms detailed below.

The ...

In the United Kingdom, there are Listing Rules that require all companies with a premium listing of equity shares to abide by the Code; failure to which they must give shareholders a reasonable explanation as to why they did not comply. This principle is commonly referred to as, comply or explain. The United Kingdom Governance Code contains broad principles and provisions that are more specific and its effective for it covers issues such as risk management, remuneration, role of board of directors and relations with shareholders (Rafael 3). Duties of directors are covered in Chapter 2 of the Company's ...

History

Food for the Poor is an interdenominational, Christian charity whose core undertaking is to provide food, medicine, and shelter among other services to poor people living in the Caribbean as well as Latin America regions. Food for the Poor is among one of the largest international relief non-profit organizations in the United States. The company was started in the early months of 1982 by Ferdinand Mahfood with the purpose of strictly aiding the poor who were living in Latin America as well as the Caribbean (Dear 1). Soon after, clergy members drawn from many Christian churches and denominations joined ...

The merger between the Bank of America and Merrill Lynch

Astute Diligence provides that there is a criterion followed before any acquisitions. Benchmarking of the performance of the company on sale is critical in that it provides the buyers with a background and stability of the shares they are about to purchase. Horizontal mergers may result in economies of scale as production is concentrated on fewer sites, labor, and capital used more intensively. It happens if companies that seek to merge are in the same line of production denoting that the business that buys will incorporate what it has been doing the acquired one. Other savings may arise from ...