Thursday, November 21, 2019
Project Time Management Research Paper Example | Topics and Well Written Essays - 1750 words
Project Time Management - Research Paper Example or organizations are undertaking project management, they are feeling the pressure from the governments, policymakers, and public to finalize the project as soon as possible. In case of private organizations, there are both internal and external pressures, which force the project managers to meet deadlines and utilize the resource of time effectiveness (Sen, 2008). Many projects regarding new product development have to use time effectively so that the competitors do not come up with similar innovations before them. Therefore, the bottom line here is that time management has emerged as important determinant of project success in the 21st century. This explains why over the past few decades, great deal of literature has surfaced about project time management and its different processes stressing its importance and need (Lock, 2007; Lewis, 2007). Importance and Development As mentioned earlier that in todayââ¬â¢s competitive business world, efficiency is the key a large proportion o f this efficiency depends upon time management. Effective time management reduces not only the costs but it may also reduce potential conflicts as well. For example, if the workers are billing you as a project manager at an hour rate, effective management may reduce the costs (Kerzner, 2009). In the same way, if the project manager takes more time than usual and then bills you as the client for greater number of hours then that may create tension and poor word of mouth advertising. The fact is that when it comes to other resources, such as building, cash, human resource, IT, and others, corporations and companies have found a way to store them and utilize them on their terms but the same is not true in case of time. Therefore, project managers have to utilize time without any delay since it... For example, Gantt charts may suit small projects but for large projects with more than 30 activities, it may become troublesome to handle. Furthermore, Gantt chart also does not communicate anything about the magnitude of different activities. Gantt charts have also received criticism for their inability to follow the 100 percent rule which the activities divided usually fail to account for 100 percent performance of the actual project either adding more elements or leaving out the existing ones (Meredith & Mantel, 2005). à à à à à à à à à à à In simple words, critical path method is a time management technique in project management, which allows project managers to understand the shortest and longest time required for the completion of each project. The first step entails specifying all the individual activities concerned with the completion of the project. The second stage has to with determining the sequence of those activities (Sen, 2008). Third, in light of the sequence, at this stage, one would draw a network diagram showing the flow of activities. Fourth, at the same time, taking into account all the overlapping, at this stage, the manager would calculate the total time required for completing each activity. Fifth, the most important step is about identifying the critical path or the longest path (Portny, et al., 2007; Leach, 2005). The same is done by evaluating the four elements about each activity, which are earliest start time, earliest finish time, latest finish time , and latest start time.
Wednesday, November 20, 2019
Pollution of environment during, petroleum and gas synthesis Essay
Pollution of environment during, petroleum and gas synthesis - Essay Example According to Obadina (2007), oil production in Canada rose from 1.8 million barrels to 3.1 million barrels per day between 1984 and 2003. Appreciating the widespread global use of petroleum and gas products, this paper seeks to outline the environmental pollution resulting from the synthesis of petroleum and gas, giving recommendations on prevention approaches. Environmental pollution would be appreciated as the process of man introducing energy or substances into the environment that could cause hazards to the health of human beings, harm ecological systems and living resources and interfere with or damage the legitimate use of the environment (Walker et al. 2006). The petroleum industry encompasses various activities in exploration, production and transportation of about 3.5 billion tons and 2.5 giga m3 of crude oil and natural gas respectively and other derivatives around the world each year (Walker et al. 2006). After the exploration process identifies a commercially viable reser ve, the extraction of oil and gas would be carried out through drilling by use of special technologies (Vidal 2012). The extracted hydrocarbon product would then be separated into gas and liquids and dehydrated to get rid of excess water. This would then be split into various petroleum and gas products. ... The synthesis process involves exploration and production of the products of natural gas and crude oil. It encompasses the exploration and preparation of well sites, drilling, production of crude oil and gas and on-site processing. The synthesis of petroleum and natural gas products as observed by Kaiser and Pulsipher (2007) starts with the bringing to above the ground crude oil and natural gas which would in turn be processed to various products for distribution to consumers. In the process, the industry contributes to air, water and soil pollution with the components of the resources being processed and the subsequent by-products and products, the latter being the key pollutants. Natural gas would mainly contain methane with water and carbon dioxide as impurities. Crude oils vary widely in viscosity and colour but studies by Kaiser and Pulsipher (2007) indicate 79.5% to 87.3%, 10.4% to 14.8%, 0 to 8%, 0 to 2%, 0 to 0.1% and 0 to 0.005% carbon, hydrogen , sulphur, oxygen, nitrogen a nd metals composition respectively. The main constituents are hydrocarbons of varied types and molecular masses with between 1 and 60 carbon atoms. The synthesis of gas involves processing natural gas by dewatering and removing its acid components such as hydrogen sulphide followed by eventual removal of carbon dioxide. Despite taking appropriate precautions against environmental pollution, Obadina (2007) appreciates that accidents occur periodically in the course of producing petroleum and gas. Air pollution in the process of petroleum and gas synthesis occurs through combustion emissions, fugitive emissions, process emissions, secondary emissions and from handling and storage of petroleum liquids
Sunday, November 17, 2019
Fundamentals of Decision Support -linear programming (LP), integer Assignment
Fundamentals of Decision Support -linear programming (LP), integer linear programming (ILP), or transportation problem and problem - Assignment Example on, the manager is seeking an option that has the least amount of costs, as he banks on this cost efficiency of the option selected in maximizing the returns on investment. Each of the three shirts produced by the company requires a given set of material n specified quantities or amounts. For instance, an athletic shirt requires one yard of fabric comprising of sixty percent cotton, while the rest is rayon. The manger also has to consider the available number of contracts per shirt within a given period, say weekly, and then compare this with the market price of the finished product. As such, the manager should come up with the right quantities of each shirt that would bring the company the most profits without increasing its costs of production (Lussier 2010, p.382). The criteria for the manger to use in making this decision depend on the cost of raw materials, the available resources within the reach of the company, as well as, the demand and price of the finished product. Rayon goes at à £7 and only 3000 yards of it is available to the company on a weekly basis. On the other hand, cotton goes for à £5 and the company can only lay hands on 4000 yards of the material. The available market demand of each finished product, together with the number of possible contracts on a weekly basis for each product, assists the manager in drawing up the right objective to pursue in making decisions. This is because there is a budget limit that the manger has to adhere to while making such decisions. As such, a manager can only make a right decision if it is within the budgetary provisions of the company, as well as, assure the company of maximum proceeds at the closure of business (Pinheiro-Bohl 2007, p.75). The appropriate model to undertake in making such an important decision is the resource allocation model. This model enables the manager to make a decision on the right amount of resources to allocate to a given line of product or process of production. For instance, in
Friday, November 15, 2019
Environmental Management Case Study of AkzoNobel
Environmental Management Case Study of AkzoNobel Abstract In modern business, sustainability has become of great importance when determining a companys strategy.à AkzoNobel, a company that produces chemicals, paint, paper and pulp, is well aware of this evolution and has built its business model around it. This case study aimed to analyze and review AkzoNobels environmental- and sustainability performance by exploring the companys webpage as well as other critical resources. The management of the company was analyzed, along with the tools, methods and metrics that are used to reach set objectives. Furthermore, the environmental- and sustainability policy was related to the ISO14001 requirements. It was determined that, although AkzoNobel puts in significant effort to include environmental aspects in its long term goals, it is clear that their sustainability agenda is a tool for boosting their reputation to outcompete their competitors. Table of Content Abstract 2 Table of Content 3 Introduction 4 Environmental Management 4 Executive body 5 Driving forces 5 Objectives/Comparison with Sweden 5 Environmental Policy 7 Sustainable systems 7 Tools, methods metrics 8 Eco-premium products 8 Environmental Assessment Tools 9 Safety 9 Product stewardship 9 Managing scarce resources 9 ISO14001 and AkzoNobel 9 Suppliers sustainability 11 Supplier visit 11 Vendor compliance letter 12 Key supplier management program 12 Sustainability focus areas 12 Climate change AKZO Nobel 12 Position 12 Achievements 13 The Future 13 Discussion 14 Conclusion 15 References 16 Introduction AkzoNobel is the largest global paint and coating manufacturer in the world and a leading producer of specialty chemicals, pulp and paper. It is a company of about 57,000 employees that are situated in more than 80 countries. The companys slogan is Tomorrows answer today. In other words, their strategy is to produce products that are far more advanced compared to their competition. With todays concern about environmental issues, this competitive edge comes with producing products that are deemed sustainable. Therefore, the forefront of AkzoNobels agenda, it can be said that sustainability is the key word in AkzoNobels business. The aim of this report is to review the environmental and sustainability management performance of AkzoNobel. The objectives of this report are to: Give a short description of AkzoNobels activities and to investigate their executive body; Analyze the driving forces behind the environmental management performance of the company; Define the most significant environmental aspects of AkzoNobel and relate them to Swedens Environmental Objectives; Critically analyze the environmental/sustainability policy; Identify and analyze the different environmental and sustainability management tools, methods and metrics; Provide AkzoNobels position on global warming; Describe AkzoNobels supplier and vendor policy; Examine their business strategy in relation to business opportunity; Judge their actual sustainability performance; and Comment on outside criticism of the company. Environmental Management When a company sets its goals towards sustainability, it is often necessary to completely rework the way in which the company is managed. In order to successfully improve negative social and environmental impacts, it is essential for the company to integrate these factors into every day decision making (Epstein, 2008). AkzoNobels management team has claimed to have done this by the appointing a management team that has sustainability at its utmost priority. Executive body AkzoNobel has established an executive committee (ExCo) which is composed of five members of the board of management and four leaders with functional expertise. This arrangement allows business and function to be taken equally into account while managing the company. The functions that are now representing the ExCo are: HR Organizational Development, Research, Development Innovation, Legalà and Supply Chain/Sourcing. The ExCO shares powers and responsibility for managing the company under the chairmanship of the CEO, Hans Wijer. (AkzoNobel, 2011c) AkzoNobel also has a special Sustainable Development Group. This team is composed of 13 individuals with background studies ranging from chemistry to economics and from environmental sciences to policy and management. (AkzoNobel, 2011g) Driving forces In 2008, AkzoNobel put in place a strategy with a sustainable agenda. Their specific sustainability objectives were to: Remain in the top three in the Dow Jones Sustainability Indexes; Reduce the total reportable rate of injuries to 2.0 per million working hours by 2015; and Deliver a step change in people development, in part through substantially improving the diversity in the company. (AkzoNobel, 2011e) The first point connects the companys business side and its environmental objectives together. Investors are increasingly focusing on investing in companies that set industry-wide best practices with regard to sustainability. Sustainability has become attractive to investors because it aims to increase long-term shareholder value. Sustainability leaders are increasingly expected to show superior performance and favorable risk/return profile (Dow Jones Sustainability Indexes, 2011). Consequently, a company with a sustainable agenda is considered a good investment. AkzoNobel is well aware of this as can be seen in their business principles when they state: We need to make sustainable profits if our business is to thrive (AkzoNobel, Business Principles, 2011a). The companys sustainable agenda also mentioned that they aim to reduce the reportable rate of injuries. AkzoNobel is a company that works with substances and chemicals that have high environmental and health risks. Companies fear having a reputation for a high number of injured employees or for causing environmental damage. Because AkzoNobel handles these types of substances it is consequently under the microscope. In order to avoid pressure from environmental advocacy groups such as Greenpeace or to avoid bad media, it is of strong interest to account for environmental aspects as well as the safety and health of its employees. Objectives/Comparison with Sweden According to the companys website, AkzoNobel set its targets on the following objectives towards sustainability: Improving safety performance; Increasing turnover from eco-premium productsà which are both eco-efficient and attract a premium; Developing sustainable water management à at all sites; Reducing carbon emissions from cradle to gate; Adherence to and training in the companies Code of Conduct ; Strengthening the diversity of the companys workforce; and Implementing leading people development programs (AkzoNobel, 2011b). From these targets it is clear that AkzoNobel considers a well trained and ambitious workforce an important step towards sustainability. It can also be seen that there is an emphasis on the responsibility of the workforce. It is important for the company that its personnel are aware of the sustainable targets and that the employees take part in reaching them. In comparison, Swedens Environmental Objectives are the following: Reduced Climate Impact Clean Air Natural Acidification Only A Non-Toxic Environment A Protective Ozone Layer A Safe Radiation Environment Zero Eutrophication Flourishing Lakes and Streams Good-Quality Groundwater A Balanced Marine Environment, Flourishing Coastal Areas and Archipelagos Thriving Wetlands Sustainable Forests A Varied Agricultural Landscape A Magnificent Mountain Landscape A Good Built Environment A Rich Diversity of Plant and Animal Life (Government offices of Sweden, 2011) The management of AkzoNobel is in line with most of Swedens environmental objectives. They are aware of the need to reduce carbon emissions and employ sustainable water management. Furthermore, the production of eco-efficient products is a step towards a non-toxic environment. Eka Chemical is AkzoNobels daughter company that specializes in specialty chemicals, pulp and paper. Their goal is to have pulp and paper products that are made from sustainably sourced fibers (i.e. sustainable forestry), while using energy from renewable sources and discharge only of water that is cleaned after production (AkzoNobel, 2011d). Taking into concern its environmental aspects, AkzoNobel has a clear aim towards one of Swedens Environmental Objectives, which is A Good Built Environment. Environmental Policy Within a company, the principles of environmental policy are the foundation for implementing a sustainable system. Usually full support at the top management level is needed to make such a system work and to gain the attention of all employees inside the organization (ISO 14001,2010). The term Environmental Policy can be defined as: any [à ¢Ã¢â ¬Ã ¦] action deliberately taken [à ¢Ã¢â ¬Ã ¦] to manage human activities with a view to prevent, reduce, or mitigate harmful effects on nature and natural resources, and ensuring that man-made changes to the environment do not have harmful effects on humans. (Fairbridge Technologies, 2009). As mentioned previously, AkzoNobel really takes care of its reputation for being a sustainable company. This, again, is mentioned in their Vendor Policy. The slogan Tomorrows Answer today shows that this topic is omnipresent and AkzoNobel not only explains that à ¢Ã¢â ¬Ã ¦sustainability is at the heart of everything we do but also that they have integrated sustainability into every area of their business. (AkzoNobel, 2011a) Sustainable systems Sustainable systems are considered ones that take into account not only environmental aspects but also social and economic ones. The main goal of an Environmental Management System is to improve all three aspects simultaneously without losing performance in one. AkzoNobel uses a sustainability framework which is part of the managing our values ideal. Former key points such as integrity, governance and compliance are now being replaced with new topics such as value creation through process excellence, innovation and talent development. More specifically, AkzoNobels sustainability framework focuses on three concepts: Improve: continue to comply with environmental and social regulations to ensure a license to operate. This point is considered to be the core element of how AkzoNobel, as a company, operates. Manage: include sustainability in all aspects of the value chain. Invent: integrate sustainable value propositions to develop a long-term strategic value. (AkzoNobel, 2009) Tools, methods metrics The global strategy of AkzoNobel is to integrate sustainability in all aspects of the value chain, to decrease their carbon footprint and to make profits from these standardized systems. It starts in the early stage of market research across sales and ends in cooperation with stakeholders. Furthermore, AkzoNobel highlights the essential aspect of long-term opportunities for their business which should be reached by these tools, methods and metrics. In the following theres a detailed list of the sustainability actions in the company. Eco-premium products AkzoNobel analyzes all of their products by quantitative or qualitative measurements every time they bring a new product on the market. In order to be deemed an eco-premium product, the product must score significantly better than a currently available product in at least one of the following categories: Toxicity Energy Efficiency Use of Natural Resources and Raw Materials Emissions Waste Land use and risk (AkzoNobel, 2009) Environmental Assessment Tools As mentioned previously, AkzoNobel quantitatively and qualitatively measures the sustainability of all products before they are considered suitable for sales. In order to conduct these assessments, the company implements the use environmental assessment tools such as life cycle analysis, environmental impacts analysis, carbon footprint analysis, eco footprint analysis and eco efficiency assessment. Environmental tools, such as the ones mentioned, are essential for turning data into environmental business strategies. Data for each of the tools is gathered from in house personnel, measurements, authorities, etc. and the conclusions from each report are used for negotiations, reducing costs, meeting permit requirements, improving efficiency, meeting customer demand and setting sustainability targets. (AkzoNobel, 2010b) Safety The establishment of a behavior-based safety program and a new Safety Leadership Program for head management is an efficient method of improving the injury rate for employees and contractors. This figure is also influenced by the integration of standards for process safety and occupational health and the, so called, Health, Safety, Environment and Security (HSES) audit process. The aim is to share good practice all over the company with corporate HSES audits to analyze progress. (AkzoNobel, 2009) Product stewardship To guarantee that AkzoNobel fulfills all legal and ethical requirements for their products (according to REACH, GHS etc.), a Global Product Stewardship and Regulatory Affairs Council has been established. Their tasks are to integrate good practice from the company into a product stewardship framework and to ensure that supplies, training and audits are optimized step by step. (AkzoNobel, 2009) Managing scarce resources AkzoNobel puts in a significant amount of effort in reducing the carbon footprint of their products and creating more value for the customer at the same time. Sourcing managers have been installed to identify focus areas for improvement and develop a carbon management plan in a dialogue with suppliers. In the future, AkzoNobel wants to learn more about customer applications to become more efficient in their environmental management. (AkzoNobel, 2009) ISO14001 and AkzoNobel The ISO 14000 family of environmental management standards can be used to implement a successful environmental management system. Specifically, ISO 14001 can be considered the most important framework for organizations around the world to reach their environmental goals and keep an effective environmental system running. The cyclical process of plan, do, act and check are similar to the ISO 9000 family (Quality Management) but focused on environmental issues. Nevertheless, it is possible to combine the two because it is voluntary for companies to implement these systems. Therefore, every organization regardless of size or sector has the ability to implement ISO 14001. Two different companies can run two completely different environmental management systems but both according to the framework in ISO 14001. The basic principle which distinguishes ISO 14001 from all other strategies is the Concept of Continual Improvement Process (CIP). This concept ensures that products are continually being monitored and improved to adhere to environmental and safety regulations. (Envirocip, 2011; Environmental Management System, 2011; ISO, 2009) ISO 14001 consists of four basic points (figure 1). They are similar to traditional generalized strategic planning and are following: Plan Do Check Act (ISO, 2009) Figure 1: ISO 14001(Jonsson, L. 2011) An explanation of each step and its connection with AkzoNobels business policy is as follows. Plan: Environmental management system implementation In the first step of the PDCA-cycle, environmental goals are defined and strategic processes are created to reach them. Ideally those targets are measurable so it also gives a framework for a control system. AkzoNobel installed sourcing managers to take care of their carbon management plan and to find new focus areas for improvement and development together with suppliers. (AkzoNobel 2009; ISO, 2009; U.S. Environmental Protection Agency, 2008) Do: Conduct life cycle assessment and manage environmental aspects During this step, the company begins the life cycle assessment process and determines how to manage environmental aspects. This step requires that documentation be taken throughout the entire assessment, control systems are run, employees are educated and emergency plans are established. One example of how AkzoNobel deals with this step in the ISO 14001 process is the implementation of the EUs REACH-Project in 2007. This program involved changing the requirements and rules for suppliers which how AkzoNobel educated their contractors to manage environmental aspects differently. (AkzoNobel ,2007a) Check: Conduct audits and evaluate environmental performance The check step in the ISO 14001 involves screening, measuring and controlling all processes and products controlled by internal audits etc. AkzoNobel is very proud of its Eco-Premium Products. They give this label to new products after positive analyses of their carbon footprint. (AkzoNobel 2009; ISO, 2009; U.S. Environmental Protection Agency, 2008). Act: Communicate and use environmental declarations and claims During this stage, companies determine whether their goals and targets within their Environmental Management System were fulfilled. In AkzoNobel, a Product Stewardship System controls and improves all activities from cradle until gate. An effective way to follow this step of the ISO-framework is to check the current situation, and go back and find a better solution in a continuous process. (AkzoNobel 2009; ISO, 2009; U.S. Environmental Protection Agency, 2008) Suppliers sustainability As mentioned previously, AkzoNobel claims to have implemented sustainability into every area of their business. As per this initiative, part of their long-term strategic goal is to build relationships and work with partners that help the company increase its sustainability. Currently, AkzoNobel requires suppliers of raw materials to adhere to certain restrictions with regards to social and environmental standards. This is laid out by the AkzoNobel Vendor Policy- a document that formulates the conditions that suppliers are legally bound to. The conditions that vendors must comply to have been broken down into four categories: supplier visits, vendor compliance letter, key management program, and sustainability focus areas. (AkzoNobel, 2011h) Supplier visit AkzoNobel regularly conducts support visits with their vendors. The purposes of these visits are to not only ensure that AkzoNobels restrictions are being met but also to provide sustainability counseling. AkzoNobels personnel give suggestions and act as environmental consultants to their suppliers. Continual regular visits ensure that the suppliers have implemented the sustainability measures and have maintained their new strategies. This process is laid out in the Vendor Relationship Management Framework. (AkzoNobel, 2011h; AkzoNobel, 2011j) Vendor compliance letter As part of the legal obligation for vendors to adhere to AkzoNobels business principles, vendors are required to sign the Vendor Compliance Letter. This document contains AkzoNobels core values as well as a framework for labor, environmental, safety, and business relations guidelines. (AkzoNobel, 2011i) Key supplier management program This program aims to work with suppliers to increase and improve Eco-premium solutions for their customers. Regular meetings are conducted where suppliers and AkzoNobel agree upon new products that will continue success not only in economic terms, but also environmental sustainability terms. (AkzoNobel, 2011h) Sustainability focus areas AkzoNobel has developed sustainability focus areas (SFA) in order to source products and services that give the company the opportunity to significantly reduce their ecological footprint. These areas include: Logistics Travel Waste Management Packaging Carbon Management Renewable Raw Materials IT Lease Cars (AkzoNobel, 2011h) Climate change AKZO Nobel Position AkzoNobels position on climate change is laid out in the document AkzoNobels Position Statement. This document states that AkzoNobel recognizes climate change as a man-made global issue of great importance and, therefore, it is necessary to mitigate CO2 emissions. In an effort to reduce their carbon footprint, AkzoNobel monitors, measures and studies all CO2 emissions related to industrial or production activities. Yearly, this data is compiled into reports that are in accordance with the Greenhouse Gas Protocol and provide an analysis of direct, indirect, and total CO2 emissions. From these reports, reduction goals and mitigation objectives are developed that the company aims to achieve by the following year. The 2015 target is to reduce carbon emissions by 10% (based on 2009 emissions) per ton of product and the 2020 target is to reduce carbon emissions by 20-25% (based on 2009 emissions). (AkzoNobel, 2008) Achievements AkzoNobel has been recognized as the global leader in sustainability in the chemicals industry. From 2006 to 2007 AkzoNobel has managed to decrease their carbon dioxide emissions from 5.2 (Million T c) to 3.3 (Million T c). From 2007 to 2008, AkzoNobel decreased their carbon dioxide emissions 1 percent per ton of production. Because AkzoNobel aims to significantly reduce their ecological footprint, they have set up a strategy to help reduce carbon-intensive processes and improve energy efficiency. Thus far, they have achieved the following: 73% of worldwide power consumption is based on zero and low carbon sources 37% of electricity in the production process is based on hydropower Considered in the top ten percent for energy efficiency in manufacturing salt-chlorine-PVC loop- on our their most energy intensive processes Use low carbon energy sources to produce their other two most energy intensive chemicals- sodium chlorate and hydrogen peroxide Trying to replace fossil fuels with renewable resources such as wood chips Assessed the eco-efficiency/carbon footprint of key products Developed several carbon efficient solutions for our customers Include energy efficiency and carbon footprint criteria in their investment decisions (AkzoNobel, 2008) Additionally, Scandinavias pulp and paper industry and Hollands base chemical production are AkzoNobels most energy intensive production plants. These two industries combined are responsible for 82% of AkzoNobels total energy use and 73% of their CO2 emissions. Recently, the pulp and paper chemicals production plant shifted 58% of its energy to hydropower. Also, the base chemicals plants were retrofitted with highly energy efficient, gas fired cogeneration units that produce steam and power. (AkzoNobel, 2007b) The Future AkzoNobel has made plans to invest in creating a system that produces steam from waste and biofuels. AkzoNobel also supports implementing a cap and trade system that encourages plants to become sustainable while punishing the unsustainable ones. Their position states that they support the development and implementation of the most energy efficient technologies worldwide. For the future, AkzoNobel is revising their 2008 Carbon Strategy to build new sustainability goals. This strategy will include plans to reduce carbon emissions in the area of manufacturing. (AkzoNobel, 2007b) Discussion After reviewing AkzoNobels business strategy, it is clear that AkzoNobel looks at high environmental/sustainability performance as a business opportunity. The company specifically aims to produce products that are economically as well as environmentally rewarding. Currently, sustainability and climate change issues are at the forefront of the global agenda. If AkzoNobel chose to disregard these issues and continued with business as usual their reputation would lack the high integrity which has been a key element to their success. Because this company has managed to significantly reduce their ecological footprint, they have received several awards, media attention, and PR. This attention does not go unrecognized as consumers are attracted to companies that hold such a high esteem. Additionally, it is well known amongst the general population that chemical production as well as pulp and paper production are two notoriously environmentally harmful industries. As the general population b ecomes increasingly involved and aware of environmental issues, AkzoNobels business and purchasing decisions begin to reflect it. It is, thus, in AkzoNobels best interest to address the companys sustainability and remain at the forefront of the global sustainability arena. If AkzoNobel chose to disregard sustainability issues it would, in the long-term, cause AkzoNobel to not be able to compete with its competitors in the market. This is in line with AkzoNobels philosophy of environmental stewardship and their understanding of customer demand as can be seen by the following AkzoNobel quotation: [Sustainable innovation process] SIP is driven by the need for better product performance but its always connected to sustainability and environmental performance. We cant bring a product to market that is less environmentally friendly than its predecessor and expect it to succeed. Equally, a new eco-product will only do well if it also offers real competitive advantage. (AkzoNobel, 2010a) Regardless of the companys attempt to address environmental/sustainability issues, AkzoNobel is nonetheless environmentally harmful. Producing chemicals, paint, paper, and pulp products is never done without an ecological price. However, AkzoNobel has made a significant effort to increase the companys environmental sustainability as much as possible. This has been done by developing strategies, goals, and plans through rigorous sustainability planning and the success of the activities have been monitored via environmental testing. Because reductions in VOCs, CO2, SO2, and NOx emissions have been proven, the business activities of the company are in correlation to the environmental planning. As mentioned, companies in modern business are aware of the importance of being green. Unfortunately some of them fail to act green even though they present themselves as such. Greenpeace has set up a campaign to stop this so called Greenwashing and ask companies to: Clean up your act, NOT your image (Greenpeace, 2011). While surfing AkzoNobels webpage, it was clear that AkzoNobel was extremely proud of all its positive achievements but hardly mentioned when it didnt succeed or have a bad performance. However did SOMO (Centre for Research on Multinational Corporations) make a report in 2009 about AkzoNobel to provide additional information that AkzoNobel itself might not have reported, focusing on the 2008 annual report. In this report it was stated that in 2008 the Political Economy Research Institute (PERI) of the University of Massachusetts had ranked AkzoNobel in the 85th place on the Toxic 100 Index. This index indicates the top 100 air polluters in the U.S. on the basis of tota l human health hazards resulting from air toxics emissions at their facilities. (Knottnerus, 2009). It was also noted that in 2008, AkzoNobel had not fulfilled requirements about the usage and purchase of renewable energy. Knuttnerus mentioned more cases that were not environmentally friendly, though many were old, some even stationed back in the 1980s. Sustainability first became a fundamental principle in AkzoNobels business in 2004. The company had a quick success and already in 2008 it was in 2nd place on the Dow Jones Sustainability Indexes. (Knottnerus, 2009). The company has succeeded a lot in a short time and its understandable that some things cant happen over a night. From our point of view AkzoNobel could think about taking part in the Chemical Leasing program coordinated by UNIDO to mitigate their environmental pollution. The idea of ChL is to establish a service-oriented business model and to guide customers away from buying and using too much chemicals for the purpose of the environment. The producer mainly sells the functions performed by the chemical and functional units are the main basis for payment. (UNIDO, 2010) Conclusion After analysis of AkzoNobels environmental/sustainability management performance, it is clear that the company has a strong sustainable agenda that is supported by all levels of management- an essential aspect for successful implementation of business strategies. To execute this plan, AkzoNobel established an Executive Committee and a special Sustainable Development group that focuses on these matters. The main driving force for the development of this strategy is to increase long-term share holder value. The company monitors and develops both their internal production as well suppliers through the use of several sustainability tools. It was determined that AkzoNobel uses this sustainability strategy as a business opportunity as well as a means of boosting their public image. Since it was difficult to find figures or statistics that showed negative environmental performance, it is unclear whether the company adheres to Greenpeaces campaign slogan Clean up your act, NOT your image. Ei ther way, it is important that modern day companies are transparent and do not forget to report their bad performance. Transparency and honesty in business is the best way to be trusted and to avoid being classified as a Greenwashing company.
Tuesday, November 12, 2019
Huntingtons Disease Essay -- essays research papers
Huntington's Disease Huntington's disease, also known as Huntington's chorea is a genetic disorder that usually shows up in someone in their thirties and forties, destroys the mind and body and leads to insanity and death within ten to twenty years. The disease works by degenerating the ganglia (a pair of nerve clusters deep in the brain that controls movement, thought, perception, and memory) and cortex by using energy incorrectly. The brain will starve the neurons (brain cells), and sometimes make them work harder than usual, causing extreme mental stress. The result is jerky, random, uncontrollable, rapid movement such as grimacing of the face, flailing of arms and legs, and other such movement. This is known as chorea. Huntington's chorea is hereditary and is caused by a recently discovered abnormal gene, IT15. IT stands for "interesting transcript" because of the fact that researchers have no idea what the gene does in the body. Huntington's disease is an inherited mutation that produces extra copies of a gene sequence (IT15) on the short arm of chromosome 4. A genetic base that exists in triplicate, CAG for short, is effected by Huntington's disease. In normal people, the gene has eleven to thirty-four of these, but, in a victim of Huntington's disease the gene exists from anywhere between thirty-five to one-hundred or more. The gene for the disease is dominant, giving children of victims of Huntington's disease a 50% chance of obtaining the disease. Several other symptoms of the disease exist other than chorea. High levels of lactic acid have been detected in patients of Huntington's disease as a bi- product of the brain cells working too hard. Also, up to six times above the normal level of an important brain brain protein, bFGF (or basic fibroblast growth factor) in areas of the brain effected by the chorea. This occurs from the problems on chromosome 4, where the gene for control of bFGF is also located. As of yet, there is no treatment for Huntington's disease. But with the discovery of the mutated genes that cause it, there is now a way of diagnosing if you will get it. This technique was discovered only recently and reported in the Journal of American Medical Association in April, 1993. Something that many people do not want to know. Because it can go two ways. Either you are extremely relieved because the test shows up negative,... ...d to get her Ph.D. In 1976 she moved to Washington to become executive director of the Congressional Commission for the control of Huntington's disease and it's Consequences. Once there, they discovered that Huntington's disease works by distroying the Ganglia. Then they decided that the best way to research Huntington's disease was at the level of the gene. They decided to loook for a "marker" (small identifiable piece of DNA) of where the faulty gene is located. This normally would yave taken 50 to 75 years to find. But, on a freak chance, they found it. it was the 12th marker that they tested. The discovery of the marker led to the discovery of the gene which won Wexler the Albert Lasker Public Service Award. The highest honor in American medicine. She also developed a test to accurately determine whether or not someone will get Huntington's disease. Wexler will not reveal if she, herself has taken the test because she does a multitude of genetic counciling, and does not want to sway her patients' decisions on whether or not to take the test. But, whether she tests positive or negative, Huntington's disease will live on. Unless scientists like Wexler can find a cure.
Sunday, November 10, 2019
The Fraud of the Century
Bernard Madoff was a creditable man that people trusted him with their money because ââ¬Å"he created an image of power, trust and responsibility. â⬠(Ferrel, 2013, p. 416) He was able to scam and scheme his investors from the early 1990s up until December of 2008 when his Ponszi scheme was discovered. Over the course of a decade he was simultaneously running a legitimate business and earned his investorsââ¬â¢ trust because he didnââ¬â¢t make any promises of unbelievable returns. He was a financial expert, served as chair on NASDAQ, and a seat on the government advisor board on stock market regulations.These titles have added to his creditability and people didnââ¬â¢t question him when they hand over their money. He wasnââ¬â¢t able to continue with his scheme and cover it up once the economy started collapsing in the late 2008. This was when his scheme was starting to expose because he wasnââ¬â¢t able to pay back his clients when they requested for their money ba ck. March of 2009 he plead guilty to the charges and later in June 2009 he was sentenced to 150 years in prison. Itââ¬â¢s amazing how he was able to pull the fraud of for so long without anybody questioning his strategy.As early as 1992, federal regulators were investigating Madoff and the investigation was dismissed because there was no improper trading practices found. In fact from 1992-2005, his business was continuously being interviewed and investigated, but no wrongdoing was found. In 2006, his business was registered with SEC and thatââ¬â¢s when they found misleading behaviors and in 2008 there was an alert stating all his records maybe pointed to possible corruption. Even with the 2008 alert, the allegations were dismissed and no further investigations would happen.Finally in 2009, SEC received enough evidence to convict him of his fraud because two of Madoffââ¬â¢s investors filed a lawsuit against the SEC. The way he conducted business was unethical because not onl y did he mislead his clients but also he misled his friends and family. He was able to gain their trust and con his way through a long prosperous deceiving investment. People were guided and yet blind sighted by his character. Another unethical business transaction was using money from an illegal business to cover up the losses for his legal one.Not only that when he needed quick cash to try and save his scheme in 2008, he solicited and evenà threatened some of his clients for more money to invest. This is an ethical issue because the clients felt guilty for not being a better client and investing more into this ââ¬Å" privilegeâ⬠and exclusiveâ⬠investment opportunity. I think that Bernard Madoff was not operating alone. I think his family was somewhat suspicious and went along with the operation but did not know entirely what was going on. I think with their experience and knowledge, they should have questioned when Madoff chose to hire inexperienced and uneducated pe ople to work for his investment management business.I think they chose to ignore the situation because of his high and respectable reputation. Also because he was family and they felt that he wouldnââ¬â¢t harm them. I think that in order to avoid this type of Ponzi scheme, an audit should be done every year along with any transaction of high value. Some type of documents and records of investments should be easily assessable for investors to follow and understand. Clients should be able to view their portfolio at any given time.
Friday, November 8, 2019
Industrial Revolution and Architecture essays
Industrial Revolution and Architecture essays Siegfried Giedion's book about the effects of the Industrial Revolution upon humanity's personal and social space, and the discipline of architecture as a whole, is entitled Mechanization Takes Command. In his title, Giedion suggests that human beings' intimate surroundings were completely permeated and transmuted by the forces of mechanization, as generated by the mass industrialization of production and society. Ironically, the forces of humanity created the machine. The machine was supposed to make human life easier. But instead, human life and human speed has become subordinate to the pace and confining discipline of the machine-based modalities of production. In fact, Gideon believes that because mechanization sprang entirely from the mind of man, it is more dangerous and less easily controlled than natural forces since it reacts on the senses and the mind of its creator in a way that natural forces do not. The equilibrium of the human body, which requires a certain state of nature to function at its best is instead subjected to machinesfor instance, workers must put on extra clothes to keep warm in offices that are kept cool for the computer machinery present. Or, they are subjected to the heat of the assembly line, working in the dark to produce far more goods then they need in huge factories. Spaces to produce grow larger and less decorated, as machines need more room and cannot take delight in art. Spaces that human beings occupy grow smaller as they are piled into apartments, to live in small and enclosed cities, to serve machines, and human beings are denied the time and leisure to produce works of beauty that are individual, to add delight to their increasingly small surroundings. Even amenities, such as ornate dressings' to rooms and clothing are now purchased from mass-producing factories, rather than made by the individ...
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