Management In Hsbc Uk Plc Management Essay

Management In Hsbc Uk Plc Management Essay Leadership is one of the complex roles in the corporate society, it is a complete connection of power and management .Leadership and Management are the two branches of one tree, where management is more related to goal or result driven practices and whereas the leadership is to take with the employment driven work. Therefore leadership and management both are requiring to give a company is effective foundation. Leadership is more of an individual power, whereas the management is to understand the requirements of the employees and get them satisfaction in achievements. Leadership can be explained with few theories .in the following sections it will briefly described: Transformational Theory (Leadership Style) Transactional Theory (Management Style) HSBC UK PLC is been very clear toward its way its treat its customer, owners and shareholders. The leadership in HSBC is not only providing stable environment for the employees but also for the communities .HSBC key principle is key business value The way the management work is to get and deliver the best. To expect and demand the best result from the employees. The leadership in HSBC has four main pillars, which has not only made them very competitive but also highly motivated. The four pillars of HSBC are following: COMMITMENTS LOYALTY HARDWORK INTEGRITY HSBC has a clear view of the outcome from the employee .HSBC UK PLC believe in high productivity through highly committed team. The team in HSBC will always be very productive ,loyal to the company and highly professional.Therfore the steps taken by the management and the team leaders are well supported by the team members and well appreciated it not only that they feel sense of achievement in their respective work. HSBC has a transparent process for the team members to provide them support in the work by listening and then getting feedback from them. Thus through this leadership style there is an absolute increase the performance and day to day productivity. In the following parts of the report it is the purpose to provide elaborate analysis of the factors affecting the leadership and management style in HSBC UK PLC. ANALYSIS OF THE LEADERSHIP AND MANAGEMENT STYLES IN THE HSBC UK PLC The time and the decade we living in right now is very fascinating as there is so much changing, when there is everything being asked for a reason, challenging environment. Where the long history of banks culture and ideas has been brought to the table and been re-think and turned. Most of the issues are been co-related to the leadership style, there is a big relation between a company progress and the leadership style they adapt. At the moment HSBC is been facing so much challenges, where there is a huge uncertainties and great risk in everything. The current environment has so many challenges with European debt and future of euro fading. There are largely necessary action has been taken by the HSBC to resolve things and to make it less volatile. These effect the key role of the leadership and management in HSBC ,with so many challenges comes every day to them, its hard for a leader in HSBC to make decision which will not only affects its position in market but also stockholders. Currently the leadership style is to follow the mood of the public rather than taking a survey of them, they giving them what they like .The current situation is to play with the emotions with the public and hence getting the results . They are few key things which a leader and management in HSBC UK PLC have particular influences: Stockholders FSA(Financial Service Authority) Customers Staff Environment/ politics The stockholders are been equally take care of and also the regulators has been given enough details of the operations. It has helped them to create equity and security for a disaster time, the key area of management in HSBC UK is to reduce the risk equality in each case. Where they can increase liquidity and decrease the toxic assets. There are few hurdles also but with the right management and leadership going on it wont be talk of the past soon. Though they are few points mentioning which included giving out more information to each staff, so that they can become more expertise about the field and can reduce risk and not to forget the important part is to check the stress of the employee with the HSBC UK history. It has always given priority to its employee though few more points like communication and transparency between the team is equally essential. It has a become a primary goal of the leaders and management in HSBC UK to constrain the problems and deal it with more critical and suitable way. The objective has become more growth oriented and need adequate support of each employee. CRITICAL EVALUATION OF LEADERSHIP AND MANAGEMENT IN HSBC UK PLC HSBC UK PLC was first incorporated in England and wales in 1990 and its headquarter is here in London since 1993.The headquarters was in Hong Kong before till 1992 when it was forced to move out because of acquisition with in recent past it has acquired few acquisitions in china getting its few connection back. In the year 2002 it came up with a campaign which has USP with its all competitors The world local bank. HSBC PLC has around 1000 branches throughout uk and also have presence in Ireland and wales.HSBC also is the first bank in uk to provide assistance in lending with Islamic law of sharia ,which doesnt allow the bank to charge any interest which is called HSBC AMANAH . During all these operation and function leaders and management has a critical role to play. They have to go through various factors. In this we are going to talk about the two factors: Internal Elements External Elements INTERNAL ELEMENTS In HSBC UK PLC it is been affected with the internal factors, which has employees, team leaders and the culture with the office. There are other factors too but as a leaders and management there are few specific factors which affects them. These are the following elements: Corporate culture within the office Policies Ethics Structures CORPORATE CULTURE: In HSBC is move of value and beliefs that they want everyone to commit. As mentioned before the HSBC like to keep the best employee and treat them as family. The culture in HSBC is to support and understand the employee also to give them the opportunity to grow there carrier, they also have high rate modality in which performance is based on. POLICIES: The leaders and managements makes sure that the policies been driven by the company are clearly symbolization of their culture. The management in HSBC has always made sure that there policies are very transparent and each and every product should be designed in such a way that it is very easy, understandable and fair for customers. ETHICS: In HSBC the leaders take ethics way of controlling and stabilizing the bank values and beliefs. The leadership style is much more and everyone gets to say there ideas, They believe in brainstorming to get better results which will not only bring efficiency in the results but also marks the personality of the employee. STRUCTURE : The structure in HSBC UK PLC is quite higharchial .The leaders and management decides how much and what kind of information will be passed through the organisation and also determines the responsibility of each departments and there responsibility and who is responsible in making decisions .Though it has very horizontal structure. The management has always helps the employee to get better out in the competition of best or the survival of the fittest. EXTERNAL ELEMENTS : In HSBC UK PLC external elements are factors that influence the decisions of the leaders and managements in the bank. It also depends upon the success of their hard work. External elements can be break down into following: TECHNOLOGY POLITICS CURRENT ECONOMY COMPETETIONS In HSBC UK PLC technology is the main stream to connect with customers also it helps them provide better service. The leaders in HSBC UK PLC has made sure they are always up to date with the technology .Therefore the customers can access to all services, the online banking systems with also password protected keypads is a great example of the technology used by HSBC UK PLC. The HSBC UK PLC has grown so much in past years and it has so much more to do and to achieve that it also has to go through regulation, which are been govern by FSA .FSA has very very strict regulation and legal framework with which HSBC is been following through there is been news that in some of the countries there is been some illegal activities but for which HSBC has put up investigation on tithe HSBC UK PLC policies and terms has been drawn in taking government regulation in Banking. Economy is also has a huge influence in HSBC UK Plc., the inflation, adverse effect worldwide has strong impact on the organistaion.The interest rate has great effect on UK, which also brings all uncertainties in the final outcomes of HSBC UK PLC results but with all these conditions HSBC UK PLC has to take all its competition from all banks, which at the moment HSBC UK PLC leaders and management has made good deal and produce very good results. CONCLUSIONS From the finding and analysis it can be concluded that leadership and management in HSBC UK PLC is most essential and strongest bond that has hold it in banking and financial organisation world. It has moved to all over to UK and operates a full service bank, with really effective and efficient leadership and quality managements the value and beliefs has been driven tremendously brilliant .The higharchy in the bank has also given a sense of satisfaction and feeling of loyalty toward the company. The employee has work very effectively and hence producing great result. The HSBC UK PLC has done their job very well in keeping company aims, vision, goals and objectives alive. There is uniqueness in leadership and management in HSBC UK PLC that is they always think of future and they are very sustainable about their future here, starting from small to large business investments. Therefore with growing completion and challenges the HSBC leadership needs to be connected to the inside operation of the company. Eventually it will affect the outcome of the organisation. It is also important for the leaders to manage more on employees by keeping them informed but also giving them more knowledge about global industry .By doing this the management will have more knowledge about their employee and can giving exact decision of what to be done for the employee to keep them motivated and satisfied and as mentioned above the culture will play a crucial part in defining efficiency of organisation. HSBC UK plc. is a garden of different beautiful culture ,if it not been passed orderly it could result in disaster .Therefore proper action should be taken that employee from the different culture are taken seriously. Hence the HSBC UK PLC will improve its position and sustainability.

Cognitive Development Study Essay -- Piaget’s Theory of Development

Introduction The purpose of this study is to analyse, in a practical way, the theories and concepts of cognitive development, across different age-related stages. Using Piaget’s theory of development, the cognitive ability of two subjects, aged 4 and 18 years, are examined against the milestones of the respective preoperational and formal operational development stages. Cognitive ability is determined by focusing on the subject’s capability and rationale to group 20 different objects. Based on the research outcomes, comparisons will be made to Piaget’s theory and the expected learning ability at their age-related development stage. Jean Piaget was considered a pioneer in cognitive research. Piaget developed his theory of cognitive development based on the sequence of changes that occur to the cognition of a person as they mature. Piaget believed that older children not only know quantitatively more than younger ones, but actually think in qualitatively different ways. Children and adults are thought to possess an inbuilt ability to experiences organise their knowledge and into schemes (Lambert, 2007). Jean Piaget defined schemes as both internalised behavioural patterns and mental understanding (Piaget, 1963, as cited in Berk, 2009). People are thought to actively seek knowledge and information from the surrounding environment and absorb or process this information using schemes. New knowledge is built on existing knowledge and as a person becomes older these schemes become increasingly more complex. This knowledge adds to a person’s intelligence providing them with an adaptation to succeed or survive in the world (Piaget, 1963, as cited in Berk, 2009). Through this reasoning, Piaget determined that learning occurred across ... ...nstra, G., Koelen, M., Kok, F., and Graaf, C. (2007) Cognitive development and children's perceptions of fruit and vegetables; a qualitative study. International Journal of Behavioural Nutrition and Physical Activity. 2007;4: 30. Published online 2007 July 9. doi: 10.1186/1479-5868-4-30 BioMed Central. Web. 12 May 2015. http://www.ncbi.nlm.nih.gov/pmc/articles/PMC1941844/ Schaffer HR. Introducing child psychology. UK Edition. Oxford , Blackwell Publishers; 2003. p.352. Berk, L E (2009). Child Development. Pearson International Edition. 8th Edition. Boston, MA: Allyn & Bacon. Lambert, B. (2007). Cognitive Schemes and Scripts: Research Evidence from Children’s Drawings. NZ Research in Early Childhood Education Journal, Vol. 10, pp. 69 – 80. Cunningham, D. (1996). Jean Piaget’s Genetic Epistemology. Web. 12 May 2015. http://home.gwu.edu/~mcorry/corry2.htm

Data Commentary on Obesity Essay

Introduction After reading and evaluating six articles written by experts on obesity, the data seems to imply that better educating people about how their behavioral lifestyle choices effect their future and current health is the best solution. The six journal articles evaluated and analyzed include: David Freedman’s article, â€Å"How to Fix the Obesity Epidemic,† published in Scientific American in 2011. Green Gregory’s article, â€Å"Physical Activity and Childhood Obesity: Strategies and Solutions for Schools and Parents,† published in Education in 2012. Micheal Wietings article, â€Å"Cause and Effect of Childhood Obestiy: Solutions for a National Epidemic,† published in The Journal of the American Osteopathic Association in 2008. George Blackburn’s article, â€Å" Science Based Solutions to Obesity: What are the Roles of Academia, Government, Industry, and Healthcare,† published in 2005 in The American Journal of Clinical Nutrition. As well a s, â€Å"Obesity Solutions: Report of a meeting,† published in Nutrition Reviews in 1997. Kate Dailey’s article â€Å" Can Laws fix the Obesity Crisis,† published in Newsweek in 2010 Evaluation In his article, â€Å"How to Fix the Obesity Crisis† David Freedman explores topics such as how the US has blindly gone down the path of obesity, what researchers are doing currently to fix the problem, and how these solutions will pan out over future generations. Obese people cost the government millions in medical bills each year while the problem has not hindered. One problem with the research is that many findings challenge one another, which leads to contradicting solutions. Freedman focuses on weight loss programs, such as weight watchers, which have proved successful over recent years. As well as how they have been able to attain success. These programs have shed positive light on the issue, unfortunately there is no way to know if they can maintain success over time and larger populations. David Freedman is a senior editor at Forbes ASAP, and has appeared in many respected journals, such as The Harvard Business Review. The information and statistics stated in his paper are backed by research scientists from respected schools, such as John Hopkins University of School and Medicine, as well as the Kennedy Krieger Institute. Freedman also cites journals such as the Journal of Occupational and Environmental Medicine. He begins his arguments by stating facts or statistics from these credible sources, then explains how and why they are relevant, creating a non-biased argument on the issue. The article was written in 2011 and cites statistics as recent as 2010 making all information relevant to the issue as it stands presently. Some experts believe that it is partly the government’s responsibility to fix the problems associated with obesity. Kate Dailey explores this issue in her article, â€Å"Can Laws Fix the Obesity Crisis?† Movements in larger cities such as San Francisco put bans on restaurants, such as McDonalds for advertising high caloric food without also advertising the nutritional facts. These efforts are often shot down early by government officials because of the financial impact they have on corporations. Even when government funds obesity fixes their efforts are too often based on a â€Å"best guess† basis because results of an action are difficult to quantify. Kate Dailey utilizes actual actions governments have taken against obesity in American cities and explains the results that stem from these actions. Newspapers such as the LA Times and San Fransisco Chronicle are primary accounts finding first-hand how these experiments have faired upon implementation. Kate is a senior articles editor at Newsweek, and she reviews hundreds of articles on a broad variety of issues each week. In her article she states both positive and negative impacts of the government taking a stand on obesity, allowing readers to make their own conclusions on the issue. Adult obesity is often preceded by childhood obesity, Gregory Green explores this issue in his article â€Å"Physical Activity and Childhood Obesity : Strategies and Solutions for Schools and Parents.† The youth of today spend more time on passive sedentary activities than they do any others. This  leaves youth not only inactive but also exposed to the ruthless world of advertising by food conglomerates. Obesity does not merely hinder youth physically but mentally as well; once youth see themselves a certain way it is difficult to dissuade their thinking. Parents and schools can play a major role in assisting children by educating them and giving only healthy options when eating. Gregory Green is a Professor at Fort State Valley University where he teaches Health and Physical Education department on top of being the university’s Faculty Athletics Representative . Green consistently cites the Center for Disease Control and Prevention in his article, the leading center for all things disease related, as well as a plethora of articles written by his peers. Green utilizes facts to support claims throughout the paper, which allows him to leave personal opinion and bias out of context. Michael Wieting also explores causes to childhood obesity, and how it links to a lifetime of obesity. Obesity is a caused by â€Å"attacks† on multiple fronts, such as lack of education, genetic factors, and negative advertising by the food industry. Societal factors play large roles against obese children. In urban neighborhoods there is often a lack of open area for activity. Urban areas also lack supermarkets where the healthy food is located. Only in realizing the many causes of obesity is it possible to brainstorm solutions. Advocacy and regulation can play a large role in prevention of the problem while physicians consistently research medical solutions for the obese community. Michael Wieting is a professor of Physical Medicine and Rehabilitation at Lincoln Memorial University where he is also the Dean of Clinical Medicine. Like Green, Wieting cites the Center for Disease Control and Prevention often throughout his paper. Wieting acknowledges different causes and solutions in his paper, and pulls information from many different scholarly papers written by his peers. His paper avoids bias by explaining multiple viewpoints on the issue, which allows the reader to interpret and make conclusions without any sway from the author. The article was written in 2008 and cites sources from the same year, making the statistics relevant  relevant and current information. George Blackburn reminds readers about the science behind the epidemic of obesity in his article, â€Å"Science Based Solutions to Obesity: What are the Roles of Academia, Government, Industry, and Healthcare.† Scientists are constantly researching reasons behind why some people are obese as well as possible scientific solutions that go beyond the everyday â€Å"go to the gym† solution. As obesity kills more and more people each year, medical institutions are making a point to study the biochemistry behind the issue. Blackburn is an expert in the field of healthcare and nutrition, he currently works as the Associate Director of the Division of Nutrition at Harvard University. Blackburn is on the cutting edge of healthcare information concerning nutrition, which is pertinent to the matter of obesity and fixing the effects obesity has had on the country. The article was written in 2005, however, none of the information in the article has been disproved since the time of publication, which means it is all pertinent to the issue. Blackburn also leaves personal opinion out of the discussion by stating proven facts and explaining why the facts are detrimental to our well-being. In 1997 a workshop entitled â€Å"Obesity Solutions† was held at St. Lukes-Roosevelt Hospital in New York City in order to address the problem of obesity spreading across America. Scientists had begun finding reasons for obesity which went beyond merely overeating and lack of exercise. Genes in the body and proteins encoded by those genes were found to be one of the many causes for obesity. While nutritional food intake and exercise could greatly impact obesity those new discoveries can yield freedoms to obese people they had never before experienced. This report was groundbreaking and paved the way for millions of dollars in obesity research over the decade that followed. Twelve medical professionals had input in the â€Å"obesity solutions† workshop, all of which were qualified by respected institutions to be part of the research. Although the research is almost fifteen years old it has been the  starting pad for larger discoveries and remains as relevant as it was when it was first discovered. Science remains immune to personal bias because results are not interpreted, they are stated. The scientists thoughts and opinions on the topic are absent, therefore having no impact on the paper. Synthesis The scientific and nutritional community agree that obesity needs to be put to an end as soon as possible for the benefit of all. Experts do not always agree as to the best possible solutions to the problem. They argue that certain solutions can bring about better results than others. Obesity may be solved through government lobbying and intervention, through medical intervention utilizing pharmaceutical drugs or surgery, or behavior modification of obese through healthy eating and exercise.. The government plays a huge role in American citizens’ lives even if most people do not notice or realize. The government regulates what we see on television, what the food industry can and can not do, as well as the curriculum American children are taught in school every single day. The government should be taking steps to end the biggest killer in America: obesity. Blackburn argues, â€Å"the need to update and refine school curricula as a key objective in the fight against obesity.† (Blackburn) This is pertinent to success in defeating obesity because there is an unacceptable health illiteracy in America currently. Kids are not taught how to eat healthy until they take health class in tenth grade in most school districts today. Not only are they kept in the dark when it comes to nutritional information, they are not given the opportunity to combat obesity through physical activity. Wieting cites the CDC, â€Å"participation in physical education has declined 30% in the past decade.† (Wieting) This is a direct result of government interference in Wietings opinion due to â€Å"state and federal pressure to improve performance on proficiency tests by reducing-or eliminating-time for recess and physical education classes.† (Wieting) This proves that governments are more worried about bringing tax dollars home than maintaining a healthy lifestyle within the community it serves. Some argue that the government is taking measures to â€Å"combat obesity† when  in reality they have no effect on the problem. Communities are different all over the country, and â€Å"it’s difficult to evaluate the success rates or determine whether what works in one place will play well in another.† (Dailey) In other words, this means it is difficult to implement the same plans in places where climate psychographics are drastically different. In order to succeed, experimentation will have to take place around the country and implementation of different solutions must occur in order to find out what the most successful approach is. The scientific community can gives a helping hand not only in research of the obesity cause, but also scientific solutions. Scientists are able to discover which types of nutrients are able to help the body shed fat. In 1997 at the â€Å"obesity meeting† in New York it was discovered that, â€Å"high protein diets provide the best short term results, however long term effects are similar, if not the same than most diets.† (Albu) This is important for those just beginning to diet, proving that encouraging beginnings to weight loss positively correlates to successful behavior modification. Scientists have discovered differences in the genotypes of healthy people compared to those of obese people. Genes code for different types of proteins in the body, which have specific jobs to do in maintaining health. the protein Leptin is meant to control the body’s food intake, to tell the body it is full when it has had enough to eat. The New York meeting discovered that â€Å"circulating leptin is reduced in obese subjects during times of hypocaloric intake.† (Albu) Obese people do not stop eating because their brains fail to receive the message that they are full; instead they continue to eat an unhealthy amount of food. Behavior modification and lifestyle changes continue to be the front runner as a cure to the epidemic. â€Å"Programs based on behavioral principles are more likely to help people take and keep off weight than other approaches.† (Freedman) This is the conclusion of a study that was funded by weight watchers, completed by an unbiased third party. The conclusions find that changes in lifestyle by consistently tracking calorie intake, keeping an exercise journal, and recording weight values weekly. are frontrunners the  cure for obesity. Weight loss does not happen quickly, but rather at a snails pace and long term change is critical. Today children are brought up into obese lifestyles which they have no control over. Often times obese children know nothing about healthy meal choices or the positive impact of exercise. â€Å"Today’s children spend hours participating in sedentary activities, and eat more fast food and vending machine food than older generations have in the past.† (Green) Green argues that the lifestyle that Generation Y is being raised in and the social norms that they have been taught are acceptable encourage obese behavior. Commentary It is clear that obesity is caused by a multitude of problems ranging from medical conditions which people have no control over, to lifestyle choices which obese people are encouraged to act proactively about. Continued scientific research allows the community to better understand what causes obesity in certain cases. Research may also lead to an end all be all solution to obesity that could save the lives of millions. It is also clear that taking an active part in changing lifestyle can dramatically improve the future wellbeing of the country. Actively teaching people about the negative impacts their choices have on their own lives could save many misinformed, uneducated people. The data seems to imply that better educating people about how their behavioral lifestyle choices effect their future and current health is the best solution. An education system that stresses healthy living through better eating habits as well as an emphasis on physical education could help to fix the behavioral problems seen in many obese victims. Work Cited Albu, J., Allison, D., Boozer, C. N., Heymsfield, S., Kissileff, H., Kretser, A., Krumhar, K., Leibel, R., Nonas, C., Pi-Sunyer, X., Vanltallie, T. and Wedral, E. (1997), Obesity Solutions: Report of a Meeting. Nutrition Reviews, 55: 150–156. Web. 2 Mar. 2014 Blackburn, George L., and Allan Walker. â€Å"Science-based Solutions to Obesity: What Are the Roles of Academia, Government, Industry, and Health Care?† The American Journal of Clinical Nutrition 82.1 (2005): 2075-105. Web. 2 Mar. 2014. Dailey, Kate. â€Å"Can Laws Fix The Obesity Crisis?† Newsweek.com 16 Nov. 2010. Academic OneFile. Web. 2 Mar. 2014. Freedman, David H. â€Å"How To Fix The Obesity Crisis.† Scientific American 304.2 (2011): 40-47. Military and Government Collection. Web. 2 Mar. 2014 Green, Gregory, Brenda Hargrove, and Clarence Riley. â€Å"Physical activity and childhood obesity: strategies and solutions for schools and parents.† Education 132.4 (2012): 915+. Academic OneFile. Web. 2 Mar. 2014 Wieting, Micheal J. â€Å"Cause and Effect of Childhood Obesity: Solutions for a National Epidemic.† The Journal of the American Osteopathic Association 108.10 (2008): 545-52. Web. 2 Mar. 2014.

Overview of Parenting Styles and Their Effects on Children

According to Webster’s dictionary, the definition of parenting is of â€Å"the process of raising and educating a child from birth to adulthood.† Have you ever pondered on how different you would be if your parents would have raised you differently? Everyone was raised differently, therefore we all will be different types of parents. We may cherish the way our parents raised and disciplined us, so we’ll utilize those techniques when we become parents. On the other side, we may despise the way our parents raised and disciplined us, therefore we’ll create our own techniques based on what we would have preferred as a child when it comes to raising our children. As a 43 year old mother, I’m proud of the way my parents raised and disciplined me and†¦show more content†¦They may act fearful or extremely shy around others, along with having low self-esteem and have difficulties communicating in social settings. Mr. and Mrs. Harsh-Heart’s ch ildren might show more aggression when they’re not home, because their home is an overly strict environment. There will be a restriction on the child’s ability to think freely and anytime a parent doesn’t listen to the child then adds on to the child’s mental stress. In the child’s mind they are experiencing mental turmoil and this will lead to them feeling guilty, lacking self-worth and self-confidence whenever they are punished. Overall, children raised in an authoritarian household are obedient, but there’s a large possibility that they will lack self-discipline. Most psychologists agree that it is important for children to follow rules, but the authoritarian parenting style is too penal and lacks the nurture and unconditional love that children need to blossom. Contrary to Mr. and Mrs. Harsh-Heart, Mr. and Mrs. Easy-Going finds the authoritative parenting style more fitting. Unlike children raised by Mr. and Mrs. Harsh-Heart, Mr. and M rs. Easy-Going’ children are encouraged to explore and learn independently and learn to set their own limits and personal standards. Mr. and Mrs. Easy-Going hold high standards for their children and their parenting style can be described as â€Å"democratic† (Maccoby, 1992). Mr. and Mrs. Easy-Going listens to their children, encouragesShow MoreRelatedEssay How Do Parents Influence Child Development1680 Words   |  7 Pagesinfancy, whether the child had a secure or unsecured bond with their parent. The second element is the types of parenting styles used while the child was developing. There are three components: authoritarian, permissive and authoritative. These two factors affect the child’s behavior. Parents influence their child’s development by the nature of attachment given during infancy; parenting styles used thus affecting their behavior. 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