Business Communication For Fashion Industry - Delivering The Message! - 1375 Words

Business Communication for the Fashion Industry - Delivering the Message! (Case Study Sample) Content: BUSINESS COMMUNICATION FOR THE FASHION INDUSTRY - DELIVERING THE MESSAGE! By (Name) The Name of the Class (Course) Professor (Tutor) The Name of the School (University) The City and State where it is located The Date Business Communication for the Fashion Industry - Delivering the Message! Obsession with fashion is one of the characteristics of today’s generation, Manlow (2011, p.93) observes that fashion has â€Å"increased in importance and extended its influence to all classes of people†. This means that fashion business is fast becoming one of the popular and lucrative businesses today. However, every profitable industry attracts many players, which creates intense competition within the industry. In response to this competition, there is need for players in the fashion business to embrace new technologies, especially to enhance marketing effectiveness. According to Xie (2017, p.155), fashion companies must embrace digital media technologies as there is a close between individuals’ fashion life and new media. What this means is that communication technologies have a huge impact on sustainability and success in the fashion industry. Competition is not the only force impacting on the fashion business; the constant technological developments being made in the contemporary era also have a huge effect. With the phenomenon of globalization, new knowledge, information and ideas are being generated almost every second. In other words, business organizations are required to stay innovative in order to be capable of responding swiftly to emerging opportunities (Dillon, 2012 p.16). Inasmuch as there are various media technologies available to firms, the Internet has become the most popular technology used by companies today. In specific reference to the fashion business, Dillon (2012, p.16) notes that the Internet greatly determines the promotion and selling of garments and other collections. Accordingly, the author reports that most designers as well as retailers in the industry now use the web to conduct their business. Consequently, consumers are enabled to buy clothes and other collections online. Fashion designers and retailers of apparel are also using the internet to communicate product designs to prospective customers. Social media and blogs have become popular tools for marketing by fashion companies. This indicates that communication and media technologies have an invaluable bearing on the fashion industry, both present and future. In the words of Ozuem and Azemi (2018, p. p.x), â€Å"the future of fast fashion is now being influenced by advanced technologies [such that] the growing role of online social media and networks in marketing has important implications for how consumers, channels, and companies interface†. This is to say that new technologies, especially social media, are of great value to fashion companies today. Significance of communication to the fashion business: a case study of ThirdLove ThirdLove is one among the leading lingerie retailers in the U.S. The for-profit company is based in San Francisco, California, and was founded in the year 2013 by David Spector and Heidi Zak. The mission of this fast-growing, innovative company is â€Å"to help every woman find her perfect fit by combining the best design and technology† (Crunchbase Inc., 2018). The company is made up of marketers, mobile and web engineers, designers, and operations experts. Together, these people have helped many women to find their favorite bras. One of the outstanding things about ThirdLove, and which distinguishes the firm from other players in the lingerie business, is its half cup bra sizes. According to Crunchbase Inc. (2018), ThirdLove has revolutionized the lingerie business by developing proprietary half cup bra sizes, which helps women in different parts of the world to find better-fitting bras. Precisely, the company has reinvented every element of its bras so that consumers experience maximum fit together with comfort. The company also allows buyers to try its bras before buying, something that is not common in the lingerie business. Because of this, ThirdLove has recorded substantial growth in recent years. For example, it is documented that between 2014 and 2015, the company grew by 400% (PR Newswire Association LLC, 2018 para.3). ThirdLove’s major competitors in the lingerie business are Journelle, Aerie, Adore Me, Agent Provocateur, Victoria’s Secret, and True, among many others. Besides stocking unique products and allowing buyers to test its bras for free, ThirdLove has created a name for itself through its marketing strategy. More precisely, the company’s adoption of new media technologies has played a very big part towards the company’s success within an intensely competitive industry. With a reputation of an e-commerce firm (Gross, 2018 para. 1), the company heavily relies on latest technology to deliver exceptional products customers. According to Decker (2016, para.2-3), Heidi Zak, one of the co-founders of ThirdLove, has a lot of experience in the use of technology for marketing. Zak describes herself as having a rich background in retail together with technology, which is why she possesses enviable expertise in the use of technology for the design of better products that give customers the best shopping experience. Owing to Zak’s expertise in , and mastery of technology, ThirdLove uses the Internet and smartphone technologies to maximize customer’s shopping experiences. The company has designed its own mobile application and a FitFinder page on its website that allow women to â€Å"find their perfect bra fit in under 10 minutes from the comfort and convenience of own home† (Decker, 2016 para.7). In Zak’s opinion, women find it awkward when they go to shop for lingerie and must fit the products they buy in a dressing room. This is the reason why ThirdLove developed patented technology to help shoppers find their perfect size of bra without having to visit the seller’s premises and fit the bras. Based on an interview with Zak, Vidi (2016, para.2) states that â€Å"an app is the best way to build loyalty and engage your most valuable customers†. This statement underscores the value of digital technologies to modern organizations, not only in the fashion industry but in all lines of business as well. ThirdLove’s decision to employ technology in its business was informed by trends in the market. Specifically, the company’s strategy is perfectly in line with demographic trends and consumer behavior. It is a well-known fact that the current generation of consumers is technologically savvy; most of the purchasing decisions are influenced by the media. To be more specific, today’s consumers heavily depend on the Internet and social media to decide what or not to buy. This, according to Vidi (2016, para.8), is the driving force behind ThirdLove’s investment in mobile. The company’s founders are aware of the fact that young people today want convenience more than anything, having been brought up â€Å"in a world where everything comes to them† (Vidi, 2016 para.9). In addition to this, many people today, regardless of their age, have become obsessed with the mobile phone. In fact, a significant number of people today love mobile apps due to the c onvenience together with privacy that these apps offer. Future trends in fashion media Based on the case study of ThirdLove, it is correct to say that players in the fashion industry must remain alert to the changes taking place in the business environment. Being a very competitive industry, and given the nature of fashion business, it is imperative for companies in this particular sector to master the art and technique of projecting changes in consumer behavior, tastes and preference. They also must stay innovative as a way of remaining relevant in an industry with many players. While it is certain that changes in the market affect every type of business, the fashion industry has been identified as â€Å"one of the businesses where frequent changes occur and social media is the most convenient and cheapest means to communicate† (Ahmad, Ashiq Salman, 2015 p.1). This remark suggests that going forward, fashion companies must embrace and adopt social media technologies as the primary medium of marketing. By using social media technologies, fashion companies will create stronger and more lasting brand awareness (Ahmad et al., 2015 p.1). At the same time, these technologies wil...

Arc Of Justice A Saga Of Race, Civil Rights, And Murder

Anna Raisch Professor Hagood Michigan History 10 November 2015 Arc of Justice Analysis Bibliography: Boyle, Kevin. Arc of Justice: A Saga of Race, Civil Rights, and Murder in the Jazz Age. Henry Holt and Company, 2004. I. Thesis: a) I believe that the author’s motivation for writing the book was to shine a light on an important historical event. Arc of Justice was the first book written to document the story of the Sweet family. Not only does the story explain the trial of Ossian and Gladys Sweet regarding their home, but is also a testament to the terrors of racial prejudice. b) How does the case of Ossian and Gladys Sweet reveal the racism of the 1920s and affect other African American people? c) As shown in Arc of Justice, Ossian’s life and trial reveal racism in occupations, politics, the education system, and the housing market; however, it also was a beacon of hope for his race as the trial resulted in a victory. d) This question is important because it first reveals how American cities â€Å"simmered with hatred, deeply divided as always†¦. Time and again in the late nineteenth and early twentieth centuries, urban white proved themselves capable of savagery toward their black neighbors†¦Ã¢â‚¬  (6). Unless documented in novels such as Arc of Justice, the deep racism and brutal mistreatment of black people in the past may fade away from memory. The question is also important because it explains how â€Å"the Sweet case did help move America away from the brutal intolerance of theShow MoreRelatedAnalysis Of Kevin Boyle s Arc Of Justice1585 Words   |  7 PagesNathan Bondurant Book Review One In Kevin Boyle’s Arc of Justice: A saga of Race, Civil Rights, and Murder in the Jazz Age, the author creates a way to describe the discrimination and horrible racial treatment inflicted on the African American community following the civil war and continuing into the 1900’s by following a black doctor’s life and his controversy in equality. The author sets the scene in the booming city of Detroit, a place many blacks ventured to when trying to escape the crueltyRead MoreThe Tragedy Of The Roaring Twenties Essay979 Words   |  4 Pageshope black people had slowly began to disappear. Arc of Justice: A Saga of Race, Civil Rights, and Murder in the Jazz Age, by Kevin Boyle, illustrates the betrayal and the civil rights struggle faced by all African Americans throughout the American society post emancipation. Reconstruction was a time where African Americans were shown a path leading to opportunities and pursuit of happiness but as they followed down that path, it lead to immoral justice, gruesome violence and racial prejudice. TheRead MoreMiddle Life Analysis: Arc of Justice1902 Words   |  8 PagesMiddle Life Analysis; Arc of Justice â€Å"American cities didn’t simply sparkle in the summer of 1925. They simmered with hatred, deeply divided as always† (Boyle, 2005, p. 6). Life was extremely difficult for African Americans during the early 1920s; a period of time that was better known as the segregation era. In the book Arc of Justice, written by Kevin Boyle, the words â€Å"racism† and â€Å"segregation† play a significant role. Boyle focuses in the story of Ossian Sweet, a young AfricanRead MoreTechnological Advancements of the Victorian Period Essay1863 Words   |  8 Pagesat an unfortunate time, whereas the poor working conditions were overlooked. I. The Start of the Industrial Revolution According to law anybody who was born in the British American colony instead of any of the numerous British colonies held more rights than those deprived of them in others. The law stated that by the law of both God and nature, stood exclusive of any charter that came from the crown, and very well found entitlement to any of the acts of the British Parliament. This gave the BritishRead MoreProject Mgmt296381 Words   |  1186 PagesUniversity PROJECT MANAGEMENT: THE MANAGERIAL PROCESS Published by McGraw-Hill/Irwin, a business unit of The McGraw-Hill Companies, Inc., 1221 Avenue of the Americas, New York, NY, 10020. Copyright  © 2011 by The McGraw-Hill Companies, Inc. All rights reserved. No part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written consent of The McGraw-Hill Companies, Inc., including, but not limited to, in

The Violence Of Black Americans Essay - 1532 Words

Who are we? What defines us? In America, we are defined by our class, what we do and most importantly – how we look. Since the birth of our nation, a notion of â€Å"race† has been rooted to our core personas. In fact it can enforce stereotypes of class and careers. It is evident that Black Americans are un-proportionally living in poverty and without easy access to achievement. This harsh reality is not helped by our media-driven society. In a world so heavily integrated with mass media hysteria, we scroll past posts that can have the countering effects of degradation or empowerment through our identities. While movements of Black Power can be painted through media, it also not hard to see the difference between the ways in which Black Americans are manipulated within the lens of media. They are portrayed as fitting a certain stereotype – uneducated, violent and intriguingly exotic. For example, while women in general face the enemy of â€Å"sex sells†, b lack women have this experience intensified. These women are portrayed as exotic sexual beings. They are objectified and degraded with the intent of women of color being seen as sexually gratifying, but nothing more. The parallels to the mindset one hundred years ago is uncanny – black women, black men and black children are seen as objects to appropriate and use for the media’s benefit. We can see this through our some of our â€Å"greatest† stars. Miley Cyrus, the Kardashians and even Justin Timberlake have taken a culture and twistedShow MoreRelatedSexual Partner Violence And Black American Women Essay1056 Words   |  5 PagesFACTORS RELATED TO INTIMATE PARTNER VIOLENCE AND BLACK AMERICAN WOMEN Arshida Moore 12/11/2016 PADM 6130 Research Methods INTRODUCTION In the United States, Black American women are physically battered and often die from Intimate Partner Violence (IPV) at increasingly disparate rates in comparison to that of White American women. When compared to their White American counterparts, Black American women unswervingly conveyed higher rates of violence by their intimate partner (WestRead MoreThe Anti Black Violence Started With American Slavery1431 Words   |  6 PagesHistorically anti-black violence started with American slavery. Slavery allowed black people to be treated as less than human and was the catalyst to the struggles and oppression that they face to this day. 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Strategy of National Bank Australia

Question: Discuss about the Strategy of National Bank Australia. Answer: Introduction NAB is the national Australian bank in Australia that is ranked as forty first largest banks in the world. It is one of the four largest financial institutions in Australia in terms of market capitalization and finance. The branches of NAB are spread across not only Australia but also New Zealand, it operates 1,590 branches and service centers in the two countries. The strategies used by the company affects the working of the company. Strategies of the company play an essential role in the management of the organization. The companys success depends on its strategies. Proper formulation of strategies helps the organization achieve its goals, mission and objectives. Competitors play an essential role in determining the strategies for the company (Bratton and Gold 2012). Various external and internal factors affect the working of the business. SWOT and PESTELL analysis tool is used to conduct an analysis. The focus of the company should be on the strength and opportunities that should be used for the advantage of the company while its weakness and threats are used to improve the performance of the company. The bank is spread across two geographic regions and organized into eight divisions. The company aims at achieving competitive advantage by properly formulating the strategies. Mission, vision and competitive advantages The main aim of the bank is guide and serves people financial. It aims at becoming the leading bank for people. The values and mission covers the daily aspect of consolidated entity. The motto of the bank is not just money but also more than money. The vision of the institution is to emerge as the successful bank in the world. The companys mission is to solve the queries that the customers face regarding the utilization of money not only in present but as a future perspective as well. It also includes providing high quality service to its customers and builds a permanent relationship of trust with them. The mission of the financial institution is to make a positive contribution towards the preservation of the environment and the society. It not only aims at increasing the customer satisfaction but also employee satisfaction by proving good working environment and condition to them (Ferguson 2015). Profitability also plays essential role for the bank, as their motto is to maximize pro fit by utilizing the available resources. It is a peoples bank and aims at increasing the value of customers. National Australia Bank aims at helping the customers with guidance, help and advice so that the customers are able to get good financial outcomes. Te tagline or slogan of the bank is A little word for a big life; More give, less take(Nab.com.au 2016). The main aim of the company is to achieve competitive advantage. The financial institution provides much service such as wealth management plan, banking and investment planning services. Company also provides debt and risk management and investment products to its clients (Hoovers.com 2016). The competitors of National Bank of Australia are Westpac Banking Corporation, Australia and New Zealand Banking Group limited and Commonwealth Bank of Australia. The service provided by National Bank Australia also includes internet banking, loans, credit cards, debit cards and calculators. The other competitors of the bank are HSBC, Bank of America and Citigroup. Surviving the competition for the new firms become difficult due to rise in the number of competitors. The brand loyalty for the company and the product is strong that helps the organization achieve competitive advantage. Strategies used by National Australia Bank The strategy of National Bank of Australia has not changes over the years and the company follows the same strategies as stated by the CEO of the bank. The bank aims at delivering quality service and experience to its customers. It aims at becoming as the worlds leading bank and emerge as the most respectable bank in Australia and New Zealand. The institute provides various banking services through various channels such as nab trade, NAB broker, Ubank and NAB (Metcalfe 2013). The approach of the company towards corporate social responsibility is to affect the society and environment in a positive way. The firm believes in building a stronger relationship with its stakeholders and customers. The main expertise field of banks includes education, agriculture, health, property and government. The bank provides loans increase education and improve the health of the people in a community. Australian banking sector of National Australia Bank includes fixed income, debt markets, Currencies a nd Commodities (FICC), asset servicing and treasury and specialized finance (Prez et al. 2013). The contribution of the bank towards the corporate social responsibility is immersive. The National Bank of Australia works with four hundred communities and organizations every year. It also takes part in twenty two thousand activities voluntarily. The bank had established a village of are five hundred millimeter square in February 2014. Every year the bank holds meeting and gatherings where the customers of banks can put forward their query. The main aim is to connect with clients and customers through these meetings. The meeting areas includes, meeting room, drop-in desk as well as casual areas like the garden and the square. The company conducts an exclusive research before formulating the strategies. The research contributes to programmes that focused on leadership and critical issues (Nab.com.au 2016). The strategy of the bank is to help the people with the management of their money. The company employs 35,000 employees that services approximately 10 million customers. It not o nly deals with larges business houses also helps the small and medium business enterprise achieve their goals and objectives. Its strategy is based on innovation and is inclusive in nature. Criticism of the strategies used by NAB There have been many criticisms of the business practices that the company has pursued in the recent years. The company was accused for the unethical behavior in the past. There have been reasons for rise in the controversies and criticism faced by the company. National Bank of Australia faced the pangs of criticisms for various reasons. Tax evasion and customer overcharging: one of the most controversial issued faced by national Bank of Australia was of tax evasion and overcharging of interests from its customers. This was done by one of subsidiaries of the bank that is the National Irish Bank in 1988. The research from the Irish High court suggested that the bank was involved in a scandal of tax evasion and making money through unnecessary means. This also included unethical finding of loans (Yeates 2014). The employees of National Australia Bank has been engaged is systematic misconduct. The inspection found that an employee of the National Bank of Australia was advertising and encouraging the retirees to invest in the financial plan of the National bank of Australia that was actually not the part of the bank. The employee of the bank suggested the clients of NAB to invest in BSI Corp that was not a NAB approved financial plan. A single director of the firm transferred Six thousand two hundred million dollars from the oversea account to the personal account (Powell and DiMaggio 2012). These funds were used by the bank to improve and recover the failed business operations. The employee of the organization was found to be included in a fraud where the peoples money was utilized for unfair means. Various questions were raised on the British Market of National Bank of Australia due to the scandals and frauds that the bank is included in. Company has faced many losses due to the scandals t hat it is included in. Many employees had lost the job due to the scandal that the bank was involved. To compensate they may have to pay a lump sum amount of 3 billion and 4 billion (Dinham 2014). National Bank of Australia was also charged for involving in unethical practices. The bank was charged for giving loans to the industries that were involved in damaging the environment. In 2008, the bank was charged for providing A$11.2 billion to the fossil fuel industry that was involved in extracting green house gases that was harmful for the environment. Concerns and controversies has been raised by the Australian community for providing loans to the industry. This also includes use of ATM that harms the environment. National Australia Bank for such kinds of illegal practices has done more than 20 billion dollars of investments. Wilma one of the customers of The National Bank of Australia is found to be conducting illegal activities in Malaysia and Indonesia. The Australian bank has been found funding Wilma and indirectly involved in the illegal activities. The environmental impact for such banks has been drastic and National Australia Bank is a part of such drastic steps (Jones 2012). The above analysis shows that despite of being one of the four leading financial institutions in Australia the bank has been charged for various reasons. National bank of Australia has claimed to be non guilty of the controversies raised against the bank. However, the data and the inspections show that bank is involved in scams and scandals. It is essential for the organizations to keep a close check in its functioning and keep an eye on employees behavior and attitude. Activities should be properly checked before getting into a partnership and business venture with other organizations and businesses. SWOT analysis Analysis the strengths and weaknesses of the firms is essential to examine the exterior and internal factors that affects the commerce. SWOT analysis is a tool that is used to analyze the strength, weakness, opportunities and threats of the company. Helpful Harmful Internal factors Strengths: The bank has a good brand name and is finically strong. The revenue of the bank is high and is major player in the Australian market. It is involved in proving diverse products and services to its customers. In terms of assets it is the largest financial institution in Australia (Joshi et al. 2013). Weaknesses: Controversies and criticisms against the bank lead to a de line in the profit of the bank. Decline in revenue affects the growth and development of bank. The number of global acclaims is less despite of the bank being spread across the globe. External factors Opportunities: The bank has an opportunity to spread to in other countries. It also has an opportunity to diversify the portfolios for customers. The bank is recognized internationally that will help the company strengthen its position globally. Threats: The major threats are from the competitors. Change in government rules and regulation increases the threats for the bank. This includes recession and fall in the demand and investments of the product in the market (Gagnon and Karolyi 2012). PESTLE analysis The external factors affecting the working of the business is analyzed using Pestle analysis. Political/legal factors: The Company should ensure that the functioning of the company complies with the legal rules and standards. Changes in government rules and regulations greatly affect the working of company. For example open market operations by government greatly affects the interests rate that the bank charges. Australia is politically stable. Economic factors: The economic factors such as price, GDP, growth rate and interest rate affect the functioning of the company. Fluctuations in demand, supply, investment, money supply and other factors affect the rates charged by the bank. Since Australia is a developed country, economic conditions are favorable for the banks. Social factors: lifestyle of people, income, status, age, sex, behavior, attitude and psychology greatly affects the working of business. The bank has committed to adhere to a number of protocols that supports human rights. It is involved in corporate social responsibility programmes and aims at improving the society (Bryant 2012). Technological factors: technology plays a great role in the working of business. The company utilizes technology and devices to connect to its consumers and promote the product. This is done through channeling and distribution of products through e-commerce. The research and development technique is also efficient and is used to extract the useful information. Environmental factors: The bank aims at improving the environmental condition. National Australia Bank has funded the Environmental Upgrade Agreement (EUA) in the year 2015 for the commercial office buildings (Shamsuddin and Xiang 2012). Specific environment Consumers Citizens of Australia, The Australian traders, The bank account holders Partners NAB aimed to develop a partnership with the merchant customers, Global leaders Verifone systems Industry Banking organizations Unions Stakeholders as well as the financial sector of Australia Competitors Westpac Banking organization, commonwealth bank of Australia etc. Suppliers Investments corporations and the larger banking sectors of Australia. Internal environment Process Pareto chart process, quality activities deployment etc. System Making of loans and the acceptance of the deposits Workers Number of total workers in NAB are 35063 Management Control the operation of wealth management along with the risk management and the relationship management. Organizational culture and leadership style Organizational culture is the behavior and attitude that an employees in an organization hold. Leadership style is the style that the leaders at an organization hold to manage the works effectively. The CEO of the National bank of Australia Andrew Thoburn is one of the most inspiring leaders that the employees and the customers look upon. The personality of the CEO of the bank is good and is very confident while voicing his opinion in front of the media. The bank follows the transformational leadership style (Alvesson 2012). Transformational leadership style is a leadership style where the leaders coordinate with the subordinates to create a vision and formulate strategies to achieve the goals and objectives. This helps the bank keep the employees happy and involved in the decision making of the organization. The leadership skills and behaviors of the CEO are very inspiring and motivational. The company maintains a formal relationship with its employees and maintains the corporate cu lture. The straightforward approach of Andrew Thorburn and the leadership style has been beneficial for the bank internally as well as externally (Hargreaves and Fink 2012). It is categorized as functional organizational structure where the work is divided based on functions and specialization. The responsibility of leaders in an organization is to maintain talent, competition and train the employees in such a way to lead to a situation of win. The cultural values play an essential role in the company. This includes strong work culture and high work values of honesty and integrity. Conclusion The report concludes that the Bank goes through both the good and bad phase in its operation. The strategies formulated by the bank is to achieve the competitive advantage and become the leading world in Australia. The organizational culture is very formal where the leaders maintain a friendly relationship with its employees. References Alvesson, M., 2012.Understanding organizational culture. Sage. Bratton, J. and Gold, J., 2012.Human resource management: theory and practice. Palgrave Macmillan. Bryant, L., 2012. An assessment of development funding for new housing post GFC in Queensland, Australia.International Journal of Housing Markets and Analysis,5(2), pp.118-133. Dinham, A.2014.Banks accused of links with unethical overseas practices. [online] sbs.com.au. Available at: https://www.sbs.com.au/news/article/2014/04/28/banks-accused-links-unethical-overseas-practices [Accessed 9 Sep. 2016]. Ferguson, A. 2015.More woes for National Australia Bank as Senator Sam Dastyari enlists British help. [online] The Sydney Morning Herald. Available at: https://www.smh.com.au/business/comment-and-analysis/more-woes-for-national-australia-bank-as-senator-sam-dastyari-enlists-british-help-20150323-1m5mg0.html [Accessed 9 Sep. 2016]. Gagnon, L. and Karolyi, G.A., 2012. The economic consequences of the US Supreme Courts Morrison v. National Australia Bank decision for foreign stocks cross-listed in US markets.National Australia Bank Decision for Foreign Stocks Cross-Listed in US Markets (September 17, 2012). Johnson School Research Paper Series, (50-2011). Hargreaves, A. and Fink, D., 2012.Sustainable leadership(Vol. 6). John Wiley Sons. Hoovers.com, 2016.!company_name! Names of Competitors. [online] Hoovers.com. Available at: https://www.hoovers.com/company-information/cs/competition.national_australia_bank_limited.24f02479e08cb0ca.html [Accessed 9 Sep. 2016]. Jones, G. ed., 2012.Banks as Multinationals (RLE Banking Finance). Routledge. Joshi, M., Cahill, D., Sidhu, J. and Kansal, M., 2013. Intellectual capital and financial performance: an evaluation of the Australian financial sector.Journal of intellectual capital,14(2), pp.264-285. Metcalfe, B., 2013. The Market Potential of Australia s New Foreign Banks.European Journal of Marketing. Nab.com.au, 2016.About us. [online] Nab.com.au. Available at: https://www.nab.com.au/about-us [Accessed 9 Sep. 2016]. Nab.com.au, 2016.Executive Leadership Team. [online] Nab.com.au. Available at: https://www.nab.com.au/about-us/our-business-at-a-glance/executive-leadership-team [Accessed 9 Sep. 2016]. Nab.com.au, 2016.NAB partners with VeriFone for payments innovation. [online] Nab.com.au. Available at: https://www.nab.com.au/about-us/media/media-releases-2012/nab-partners-with-verifone-for-payments-innovation [Accessed 9 Sep. 2016]. Prez, A., Martnez, P. and Del Bosque, I.R., 2013. The development of a stakeholder-based scale for measuring corporate social responsibility in the banking industry.Service Business,7(3), pp.459-481. Powell, W.W. and DiMaggio, P.J. eds., 2012.The new institutionalism in organizational analysis. University of Chicago Press. Shamsuddin, A. and Xiang, D., 2012. Does bank efficiency matter? Market value relevance of bank efficiency in Australia.Applied Economics,44(27), pp.3563-3572. 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Partners HealthCare free essay sample

Create a table that lists the benefits to the patient and to the hospital of an enterprise system for patient medical information and for patient prescriptions and related medical therapies. Benefits for:PatientHospital Patient Medical InformationIf patient’s medical information is in the system and accessible by any PHS personnel, the patient doesn’t have to give the doctors their medical information every time the go to the hospital. The doctor can simply pull up their profile and find out all the info they need to know. We will write a custom essay sample on Partners HealthCare or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It reduces redundancy and increases ease and efficiency. Speeds things up! The fact that the hospital doesn’t have to gather patient info at each time of their visit will make the process go faster and may even result in the hospital being able to see more patients as a result. Also, doctors can get a good understanding of the patient by looking at their profile and finding out all they need to know. Patient is better taken care of and at a faster rate – reduces delays in service delivery. Allows all records to be electronic – not only reduces space from paper files but makes it easy for all employees of the hospital the ability to access the info as needed. Improved quality in patient care (reduces mistakes from doctors). Gives PHS management the ability to data mine. They can look at the data and see how to move forward. The new systems, while hard to get used to at first will benefit the entire population and give the management innovative ways to look in the future. Accurate, timely, and comprehensive information sharing among PHS personnel. Consolidates and collects all the info about a patient over time, including textual info like x-rays. Reduce delays in service delivery, mistakes in treating the patient, and overall health care costs. Patient Prescriptions and Related Medical Therapies Patient wins out too because they are better taken care of as a result of doctors learning from one another through this enterprise system. By having a firm wide system, knowledge can be spread across the network about the best practices from the observable outcomes of recommended medical therapies. Lower cost! Medical practitioners can now make the best recommendations at the lowest cost. Can constantly improve and reform existing therapies from lessons learned Decision support processes that support the medical practitioner in making the best recommendations for drugs and other therapies to patient at lowest possible cost. 2. List the challenges faced by Partners in implementing an enterprise-wide electronic medical records system. †¢Cost – could be very expensive to implement; also additional costs as part of the TCO and extensive upgrades †¢Time! Can take a lot of time to build and implement †¢Data migration – potential data loss from moving paper to electronic form †¢Need for a new backend system to support all electronic data; also, Partners might be required to keep copies of patient’s medical data for 15+ years †¢Ensuring privacy – making sure that only those that need access to the documents gets access to the documents †¢Non-integrated – this could be a problem if the systems do not work with each other or with their clients’ systems †¢Change in workflow for physician– the new EMR requires documenting a lot more information. Not only does the physician have to keep up with this increase in data, but they also have to do it on a new system. This could definitely slow down the physician at first. †¢Disruptive – can change the attitude of the workplace; new technology that will be hard to use at first. Can also affect the culture. †¢Rollout The issue of when rather than if to do it. Is Partners ready for such a system? †¢Complexity of the system – most likely very difficult to change once implemented †¢When a system is improved, there also has to be oversight that the processes are aligned to match the system †¢Training – personnel need adequate training, but this can also be expensive 3. What are the operational IT/MIS challenges and benefits posed by the systems now in place? a. For PHS management? †¢PROS: Gives PHS management the ability to data mine to look for innovative solutions; easy/constant access to patient information; all the data is now in one place; can use the large database of client information to discover trends, patterns, etc. †¢CONS: Have to learn new systems might be harder for management who have been accustomed to older systems to learn the new ones; with the ease of access to all this confidential information, management needs to make sure there are safeguards in place to ensure that privacy is always upheld; collecting quality data could be a problem b. For PHS health care practitioners? †¢PROS: Eliminates the risk that comes with inputting paper copies of records into an electronic system by inputting the information directly into the system at the time of talking with the patient, it means that the information given is correct. †¢CONS: Change in their work physicians now have to document a lot more information than they have in the past, and perhaps this is the first time they’re responsible for documenting the work themselves; all the data collection could potentially slow them down – maybe they can get the patients to fill out some information on their own c. For health care practitioners and allied agencies who must interact with PHS? †¢PROS: Easier to do everything, really. Also opportunities to improve documentation; ease of information access; can get access to some of the most advanced hospital systems in the world; can collaborate with the hospital to improve practices and try to find ways to lower costs †¢CONS: In order for the processes to work, those interacting with PHS must be able to align with their systems. So for example, if allied agencies are currently using a different system that is not compatible with PHS’s new one, then they either have to change their systems altogether or they won’t be able do business with PHS anymore. Also, they might have to sometimes operate using both paper and electronic processes when dealing with their practices and hospitals. Going off that, will also have to learn two different EMR system – one in their own practice as well as the hospitals. d. For the PHS IS organization? †¢PROS: While the IS bears most of the work, they will also ream a lot of the benefits as well. These new systems will make life more efficient at PHS and will eliminate almost all paper documents. It also increases organization, accessibility, and accuracy of the information. †¢CONS: Most of the work of implementing this new system falls into the lap of the IS department. They are the ones that have to handle all the electronic data entry, ensuring all the information is reliable, accurate, and timely, and also ensuring privacy and confidentiality with the patient’s records. It’s not an easy process. They also have to train the PHS staff on how to use the systems and act as help-desk personnel whenever a PHS staff member does not know how to use the new system. So, basically the IS team has to deal with the connection, integration, and collaboration with the new systems. 4. What are the TCO implications of the overall LMR/CPOE investment? As noted in the case, the TCO for the LMR/CPOE investment is quite extensive. It requires a high level of data quality including constant data validation and collection. While it seems like Partners had to put in a lot more money even after their original investment, it is undoubtedly necessary to ensure the success of the systems. As noted in the case, these major systems need love and care even after they’re implemented. Each few years, Partners goes through re-documentation, clean-up, and ongoing maintenance. These clean-ups allow Partners to keep up with best practices across the network. So – TCO can be a lot, but maintaining the on-going costs by upgrading/cleaning up the systems when necessary will make the LMR/CPOE investment last a lot longer (even though it could hurt their ROI).

Free Essays on Floriance Kelly

During the progressive Era, Florence Kelley was an important person because of all of the contribution’s that she has made trying to improve child labor for women. There were many reasons for Florence Kelley becoming interested in reform and socialism, one of the people who influenced her was Friendrich Engels. Kelley knew of the conditions that needed to ch changed in her time. Those conditions that needed to be changed influenced her passion for reform and pushed her to work harder. Organizing a child labor committee and setting a form of minimum wages for workers were only a couple of the many things that Kelley did to contribute to reform. Karl Max also being one of her many influences was only part of how Florence Kelley became interested in Socialism and reform. The first time Kelley was introduced to social reform she was attending Miss Longreth’s School. Kelley became frustrated by the obstacles that her own society put against women’s participation in public life. At the University of Zurich there she joined a community of people who embraced the teaching of socialism. She became aware of these ideas and they helped her to inform the people of the abuse to poor working people and of their working conditions. These were many of the among reasons she became interested in reform. Of the conditions that were right in front of her she knew things needed to be changed. She was then hired to the Illinois Bureau of Labor Statistics to investigate sweat-shops and their systems. Florence Kelley knew that the working conditions were dangerous and people were getting harmed. During this time Kelley wanted to help the children in the working industries of the time. The children were being worked for very long hours and very little pay. They also worked in harsh and dangerous conditions. One of Kelley’s main concerns was the unequal treatment in society toward women. Florence Kelley made many contributions during her time as... Free Essays on Floriance Kelly Free Essays on Floriance Kelly During the progressive Era, Florence Kelley was an important person because of all of the contribution’s that she has made trying to improve child labor for women. There were many reasons for Florence Kelley becoming interested in reform and socialism, one of the people who influenced her was Friendrich Engels. Kelley knew of the conditions that needed to ch changed in her time. Those conditions that needed to be changed influenced her passion for reform and pushed her to work harder. Organizing a child labor committee and setting a form of minimum wages for workers were only a couple of the many things that Kelley did to contribute to reform. Karl Max also being one of her many influences was only part of how Florence Kelley became interested in Socialism and reform. The first time Kelley was introduced to social reform she was attending Miss Longreth’s School. Kelley became frustrated by the obstacles that her own society put against women’s participation in public life. At the University of Zurich there she joined a community of people who embraced the teaching of socialism. She became aware of these ideas and they helped her to inform the people of the abuse to poor working people and of their working conditions. These were many of the among reasons she became interested in reform. Of the conditions that were right in front of her she knew things needed to be changed. She was then hired to the Illinois Bureau of Labor Statistics to investigate sweat-shops and their systems. Florence Kelley knew that the working conditions were dangerous and people were getting harmed. During this time Kelley wanted to help the children in the working industries of the time. The children were being worked for very long hours and very little pay. They also worked in harsh and dangerous conditions. One of Kelley’s main concerns was the unequal treatment in society toward women. Florence Kelley made many contributions during her time as...

Legal approch to bioethics Justice in end-of-life cases Essay

Legal approch to bioethics Justice in end-of-life cases - Essay Example Retributive or punitive justice can be understood as a retroactive process that justifies punishment for past injustice or violation(s) of the law (Maiese, 2003). Substantive justice is concerned with enforcing the rights and obligations. Distributive justice is concerned with the fair allocation of rights, duties, benefits and burden among community members(Bernard M Dickens, 1994; Maiese, 2003). Accordingly, this paper demonstrates the application of the justice principle in end-of-life legislations and legal cases. Further, this paper focuses on four cases: brain death concept, the Rasouli case, the Latimer case, and the Carter case. Historically, death has been defined as the cessation of respiration and blood circulation(Dickens, 1985). Yet, the development of mechanical technology to maintain vital function, such as ventilators and machines to assist blood circulation, has posed a new ethical question about the patients with irreversible or otherwise profound neurological damage. The question develops to whether or not these individuals are in fact dead or not Further, one must question whether or not it is ethical to withdraw life support from these patients. As such , the brain death concept was introduced by a Harvard ad hoc committee in 1968("Report of the Ad Hoc Committee of the Harvard Medical School," 1968). Brain death was recognised as criterion for death in Canadian provincial legislation (B. Dickens, 1985). For example, Ontario’s Trillium Gift of Life Network Act ("Trillium Gift of Life Network Act (R.S.O. 1990, CHAPTER H.20)," 1990)in s.7 (1) states that death should be determined by at lea st two physicians; in accordance with accepted medical practice. Dickens analyzes existing legal approaches in death determination and indicates that the current process embraces what is known as the brain death concept(Dickens, 1985).This approach permits the