Thursday, April 4, 2019
Study Of Organizations Behavior
Study Of Organizations BehaviorFormal and informal manikin of policies and rules , within which an organization arranges its lines of authority and communications , and allocates rights and duties. Organizational anatomical twist cooks the manner and extent to which roles , power , and responsibilities atomic lean 18 delegated, program lineled, and coordinated, and how information flows between takes of management . This structure depends entirely on the organizations objectives and the strategy chosen to come through them. In a centralized structure, the decision making power is concentrated in the top layer of the management. construction is the pattern of relationships among positions in the organisation and among members of the organisation. Structure authorizes possible the application of the process of management and creates a textile of order and command through which the activities of the organisation can be planned, organised direct and masterled..Culture in Orga nizationsThese ar the informal observes, norms and beliefs which control how individuals and conclaves in an organization interact internally and externally. This in turn shapes attitude and behavior and the quality of inter conclave relationships again to achieve organizational goals.Lateral HorizontalTop perpendicularBottom observes and NormsCulture in organization has two founding valuesTerminal Value is linked to desire goals e.g. excellence, quality, honourableity, stability, profitability.Instrumental Value is linked to desire modes of behavior for the organization e.g. hard tend, tradition, detect for authority, risk taking, honesty, standards of service, dress code.Norms detail norms emerge as a emergence of sh atomic number 18d effs all over clock time which became expectations for behavior. These result in rules for conduct e.g. courtesy, cleanliness, grooming, teamwork, information sharing, and cooperation.The Source of Values NormsEdward Scheins approach to culture claims that it can be understood at 3 levels.Basic Assumptions unconsciously learned responses based upon perception.Values and Beliefs consciously jockstrap concepts as a result of experiences.Visible Artifacts physical evidence e.g. office design, layout and dress code.Cultural kineticsA fixate of beliefs and assumptions held parking araly throughout the organization, taken for granted in that organization, but discernible to the international observer in the stories of organization history and explanation of events.Company InformationThe Hong Kong Shanghai Banking Corporation (HSBC) group is one of the worlds leading financial organizations. It was founded in 1865 in china. Since then the bank expanded rapidly with an ferocity up representation in China and also other parts of Asia, Europe and America. In the middle 1950s HSBC embarked on a strategy of pursuing profitable growth through acquisitions as tumefy as organic development. After conducting my resear ch into global business of HSBC bank, we have identified that London endures unspeakable opportunities for HSBC which make businesses want to operate in those markets.HSBC CultureOperational Strategy The Worlds Local bankHSBC differentiates itself from its competitors by its branding. The strong tag line the worlds local anaesthetic anaesthetic bank reflects the HSBC approach towards powerful branding. This brand image has been the result of many years of investment in the ships corporations corporate image and culture that attracts and maintains satisfied customers and employees. HSBCs ascertaining and experience of multiple markets and local knowledge have contributed towards its brand success. HSBC has branches in 76 countries and the strategy used is cogitate Global, Act Local. co-ordinated Social ResponsibilityHSBC like many other major companies from different industries believes in sharing its success by giving it back to the community. The application of corporate loving responsibility is mandatory for all companies doing business. This being thought as a liability could also provide a company with the tools to promote its brand image with in communities. They are aware of the social responsibilities of economy management, community and surroundings. HSBC has undertaken activities such as environmental protection jobs, successful and honest business practices, educational programs, undergraduate scholarships and funding local community vagabonds. They also undertake volunteer charity and community work.Human Re stemma guidanceHSBC employs over 284,000 mountain worldwide. They understand the benefits and competitive advantage of having a smart, loyal and head educated workforce. HSBC encourages workforce variation in order to create the finest employee network and a corporate culture that celeb place differences, empathy and integrity. They employ the lift out drug-addicted individuals, regardless of their nationality to manage top-level operations. However they employ local country staff to manage daytime to day and branch operations because they know they local business environment and this strategy also helps the foreign company be genuine by the local society.HSBC Principles ValuesThe HSBC Group is committed to five Core argumentation PrinciplesOutstanding customer serviceEffective and businesslike operationsStrong capital and liquidity standpat(prenominal) lending policyStrict expense disciplineEmployee Benefits RewardsIn return for employees dedication and hard work, HSBC widen a very attractive and competitive benefits package with rapid rewards for the right stack. While different roles bring forth with different rewards, the following is a guide to the kind of package they offerPerformance-related bonus scheme gift25 days holidayPrivate medical insuranceLife insuranceP listential rates on a range of HSBC productsSeason ticket loanSports and social schemeEmployee assistance programs collec tive discountsHSBC StructureCorporate GovernanceHSBC is committed to gritty standards of corporate governance. HSBC Holdings has complied throughout with the applicable codes provided by the combine work out on Corporate Governance issued by the Financial Reporting Council and the Code on Corporate Governance Practices in Appendix 14 to the Rules Governing the Listing of Securities on The fund Exchange of Hong Kong Limited.The come along of HSBC Holdings has adopted a code of conduct for transactions in HSBC Group securities by handlers that complies with The prototype Code in the Listing Rules of the Financial Services Authority and with The Model Code for Securities Transactions by Directors of Listed Issuers (Hong Kong Model Code) set out in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, save that The Stock Exchange of Hong Kong has granted certain waivers from strict compliance with the Hong Kong Model Code, primarily to take int o account true practices in the UK, particularly in respect of employee share plans. Following a specific enquiry, severally Director has confirmed he or she has complied with the code of conduct for transactions in HSBC Group securities throughout the period. dining table CommitteesThe wit has appointed a number of committees. The following are the principal committeesGroup forethought BoardGroup Audit CommitteeRemuneration CommitteeNomination CommitteeCorporateSustainability CommitteeHSBC structure is matrix structure, because they have teams of people from various sections of the business, these teams will be created for the mark of a specific purpose of a specific project and will be led by a project passenger car, often the team is only experiences for the duration of the project and matrix structure are usually deployed to develop novel products and services.Relationship between Culture and StructureOrganizational Culture a group of inversely interacting people with negotiated , shared values , understandings ,norms , ideals , itinerary of life and the track of faceting at the world and their place in it .The way a structure or culture is designed or evolves over time affects the way people and groups behave within the organization.Structure and culture affectBehaviour motifPerformanceTeamwork and cooperationIntergroup and interdepartmental relationshipsOrganizational culture is more of a larger picture, a more general term that refers to a large umbrella of smaller topics and issues within an organization.The structure refers to the infrastructure, and the various methods and practices within that infrastructure, that helps an organizational culture campaign with the efficiency and consistency that should be the hallmark of any healthy organizational structure, whether it is in a corporation, sports team, or any other set up that is large enough to create its proclaim organizational culture.This makes the structure an integral part of an y organizational culture, but also narrows out a very specific segment of the culture as its own responsibility. Organizational structure will deal primarily with the set up of the culture. How management works, which specific responsibilities supervisors have, how a complaint is passed through the ranks-these are all issues within the organizational culture that are directly tied to how an organizational structure works. The structure is non limited to those triplet examples, but it would certainly include all of them.TASK 2 geniuss of ManagementManagement is tasks, Management is a discipline. But management also people. Every achievement of management is the achievement of a manager. Every trial is a failure of a manager. People manage rather than forces or facts .The vision, dedication and integrity of managers determine whether there is a management or mismanagementStewart, R, Management and organizational behaviour, Sixth Edition, Laurie J Mullins. apprentice Hall (2002)Man agement takes place within a structured organizational setting with prescribed roles. It is directed towards the achievement of aims and objectives through influencing the efforts of others. This role encouraged a lot of writers to study management aspects, where they came out with theories thats baffle the sprit of management thinking.Scientific Management F. W. Taylor. Taylor formalized the principles of scientific management, 1909, he published the book for which he is best known, Principles of Scientific Management. In his own words he explainedThe old fashioned dictator does not exist under Scientific Management. The man at the head of the business under Scientific Management is governed by rules and laws which have been developed through hundreds of experiments just as often as the workman is, and the standards developed are equitable.Management leadingAccording to John P. Kotter in his book, A Force for Change How Leadership Differs From Management (The Free Press, 1990), managers must know how to lead as well as manage. Without leading as well as managing, todays organizations face the threat of extinction. Management is the process of setting and achieving the goals of the organization through the functions of management planning, organizing, say (or leading), and controlling. A manager is hired by the organization and is given formal authority to direct the use of others in fulfilling organization goals. Thus, leading is a major part of a managers job. Yet a manager must also plan, organize, and control. Generally speaking, leading deals with the interpersonal aspects of a managers job, whereas planning, organizing, and controlling deal with the administrative aspects. Leadership deals with. possibleness X (Authoritarian Management Style)The average person dislikes work and will avoid it if he or she can. Therefore or so people must be forced with the threat of punishment to work towards organizational objectives. The average person prefers to be directed to avoid responsibility is relatively less ambitious, and wants security above all else.Theory X basically holds the belief that people do not like work and that some kind of direct pressure and control must be exerted to get them to work effectively. These people require a rigidly managed environment, usually requiring threats of disciplinary action as a primary source of indigence. It is also held that employees will only respond to monetary rewards as an incentive to perform above the level of that which is expected.From a management point of entrance, overbearing (Theory X) managers like to retain most of their authority. They make decisions on their own and inform the workers, assuming that they will carry out the instructions. haughty managers are often called authoritative for this reasonableness they act as authorities. This type of manager is highly tasked oriented, placing a great deal of concern towards acquiring the job done, with little concern for t he workers attitudes towards the managers decision. This shows that autocratic managers lose ground in the work place, making way for draws who share more authority and decision making with other members of the group.Theory Y (Participative Management Style)Effort in work is as natural as work and manoeuvre. People will defy self-control and self-direction in the pursuit of organizational objectives, without external control or the threat of punishment. freight to objectives is a function of rewards associated with their achievement. People usually accept and often desire responsibility.The capacity to use a high degree of imagination, ingenuity and creativity in solving organizational problems is widely, not narrowly, distributed in the population. In industry the intellectual potential of the average person is only partly utilized.A more touristed view of the relationship found in the work place between managers and workers, is explained in the concepts of Theory Y. This ope ning assumes that people are creative and eager to work. Workers tend to desire more responsibility than Theory X workers, and have strong desires to participate in the decision making process. Theory Y workers are homy in a workings environment which allows creativity and the hazard to become personally involved in organizational planning.Some assumptions about Theory Y workers are emphasized in one of the texts, that is to say that this type of worker is far more prevalent in the work place than are Theory X workers. For instance, it is pointed out that ingenuity, creativity, and imagination are increasingly present throughout the ranks of the working population. These people not only accept responsibility, but actively seek increased authority.According to another of the authors studied for this project, in which the participative (Theory Y) leadership style is discussed, a participative leader shares decisions with the group. Also mentioned, are subtypes to this type of lea der, namely the pop leader who allows the members of the working group to vote on decisions, and the Consensual leader who encourages group discussions and decisions which reflect the consensus of the group.A Laissez-Fair StyleA laissez-fair style is where the manager observes that members of group are working well on their own. The manager consciously makes a decision to pass the focus of power to members, to allow them freedom of action to do as they think best. And not to interfere but is readily available if help is needed, There is often murkiness over this style of leadership behavior. The world genuine is emphasized because this is to be contrasted with the manager who could not care, who designedly keeps away from the trouble of sports and does not want to get involved. The manager just lets members of the group get on with the work in hand. Members are left to face decision which rightly belongs with the manager. This is more a non-style of leadership or it could perhaps be labeled as abdication.Management Styles at HSBCThe qualities required in individuals by HSBC reflect a lot about their approach towards the management style. These quality individuals areResponsive Who forever try to anticipate and act quickly to ensure we meet and exceed our customers ever-changing expectations.Respectful Individuals who look for the value in everyone.Fair Who reward our customers for the commitment they give to us.Progressive Who are driven by the belief that we can shape a better future.Perceptive Who look harder, in order to understand affaires more deeply, and this informs everything we do.The management empowers employees and builds a trust with the employees to deliver the brand promise effectively. Every department has efficient staff available to help the customers but for more specific involve and decision making, the branch managers play the role.LeadershipLeadership is a dynamic relationship based on mutual influence and common purpose between lea ders and collaborators in which both are moved to higher levels of motivation and moral development as they affect real, intended change. (Kevin Freiberg and Jackie Freiberg, NUTS Southwest Airlines Crazy Recipe for Business and individualised Success, Bard Press, 1996, p. 298)Three in-chief(postnominal) parts of this definition are the terms relationship, mutual, and collaborators. Relationship is the connection between people. Mutual means shared in common. Collaborators cooperate or work together. This definition of leadership says that the leader is influenced by the collaborators while they work together to achieve an important goal.Leadership is the ability to command betrothal by a group of people and thus, get them to do what the leader wants. The person providing this direction and dominate acceptance is called the leader. From this definition of leadership, it is obvious that the leader is the person whom others accept to show them the way. However, you probably are a ware that a leader can be imposed on a group of people against their will. For example, a military coup can bring a leader to power. This leader was not voted for or accepted by his people. But he ascended the leadership seat by virtue of military might or military intrigues.Management is doing things right, leadership is doing the right things(Warren Bennis and Peter Drucker)Leadership StylesTypes of Leadership Style Four of the most basic leadership styles areAutocraticBureaucraticLaissez-faireDemocraticAutocratic LeadershipAutocratic leadership is an extreme form of transactional leadership, where a leader exerts high levels of power over his or her employees or team members. People within the team are given few opportunities for making suggestions, even if these would be in the teams or organizations interest. Many people resent being treated like this. Because of this, autocratic leadership often leads to high levels of absenteeism and staff turnover. Also, the teams output doe s not benefit from the creativity and experience of all team members, so many of the benefits of teamwork are lost. For some routine and unskilled jobs, however, this style can remain effective, where the advantages of control outweigh the disadvantages.Bureaucratic Leadership Bureaucratic leaders work by the book, ensuring that their staff follow procedures exactly. This is a very appropriate style for work involving serious safety risks (such as working with machinery, with toxic substances or at heights) or where large sums of money are involved (such as cash-handling).In other situations, the inflexibility and high levels of control exerted can demoralize staff, and can diminish the organizations ability to react to changing external circumstances.Democratic Leadership or Participative Leadership Although a democratic leader will make the final decision, he or she invites other members of the team to contribute to the decision-making process. This not only increases job satisfac tion by involving employees or team members in whats going on, but it also helps to develop peoples skills. Employees and team members feel in control of their own destiny, and so are motivated to work hard by more than just a financial reward.As participation takes time, this style can lead to things happening more slowly than an autocratic approach, but often the end result is better. It can be most suitable where team working is essential, and where quality is more important than speed to market or productivity.Laissez-Faire LeadershipThis French vocabulary means leave it be and is used to describe a leader who leaves his or her colleagues to get on with their work. It can be effective if the leader monitors what is being achieved and communicates this back to his or her team regularly. Most often, individuation leadership works for teams in which the individuals are very experienced and skilled self-starters. Unfortunately, it can also refer to situations where managers are no t exerting sufficient control.Leadership vs. ManagementA leader can be a manager, but a manager is not necessarily a leader. The leader of the work group whitethorn emerge informally as the choice of the group. If a manager is able to influence people to achieve the goals of the organization, without using his or her formal authority to do so, then the manager is demonstrating leadership.MotivationDefinition Motivation is the processes that account for an individuals intensity, direction, and persistence of effort toward attaining a goal.Abraham Maslows hierarchy of needs is the most well-known theory of motivation. He hypothesized that within every human being there exists a hierarchy of five needs (See read 6-1).Physiological Includes hunger, thirst, tax shelter, sex, and other bodily needsSafety Includes security and protection from physical and emotional victimizeSocial Includes affection, belongingness, acceptance, and friendshipEsteem Includes internal delight in factors su ch as self-respect, autonomy, and achievement and external esteem factors such as status, recognition, and attention.Maslows Hierarchy of necessarilyIf Maslows theory is true, there are some very importantleadership implications toenhance workplace motivation. There arestaff motivation opportunitiesby motivating apiece employee through their style of management, compensation plans, role definition, and company activities.Application of Maslows TheoryIf Maslows theory is true, there are some very importantleadership implications toenhance workplace motivation. There arestaff motivation opportunitiesby motivating separately employee through their style of management, compensation plans, role definition, and company activities.Safety Needs Provide a working environment which is safe, relative job security, and freedom from threats.Social Needs contract a feeling of acceptance, belonging, and community by reinforcing team dynamics.Relationship between Theories of MotivationAll compan ies seek to motivate their employees for a very simple reason a motivated employee is a high producer. In todays workplace, many complex and sophisticated plans have been put in place towards this end some companies offer a variety of incentives to meet the different needs and expectations of the different personalities employed there. Motivation is an individual thing in other words, the same things do not motivate all people. Abraham Maslow outlines a pyramid-shaped theory that is the undercoat for most motivation theories that followed. They will then design and implement an action plan to increase the motivational factors in their own organization. Some of their action steps are discussed.The lowest level of Maslows pyramid of needs relates to every humans survival needs or by physiological needs, which include hunger, thirst and shelter are at this level (Robbins, 2001).TASK 4Team WorkA small number of people with complemen-tary skills who are committed to a common purpose, co mmon performance goals, and an approach for which they hold themselves mutually accountable.-G. Moorhead and R.W. GriffinWhen people listen carefully to each other, when they seek and take seriously each others opinions, when they make use of each others competencies and expertise, they are involved in teamwork.Situations like, a football team, a marriage, a project at work, or a math team, may come and go. It requires no special structure, only an opportunity for two or more people to engage collaboratively and cooperatively in undertaking some task.Teamwork in the workplace is something to be expected in our organizations today. Senior leadership teams, functional and intact teams, special project teams, play an important role to the success of any business. However, finding, creating, and maintaining effective a high performance team is much more difficult. No group of people is automatically entitled to teamwork just because they are smart, talented, and are working together. Te amwork in the workplace is subject to countless challenges as different personalities, talents and expertise, values, and working styles are merged together.Group WorkingA collection of individuals, the members accept a common task, become interdependent in their performance, and interact with one another to promote its accomplishmentHarold H. Kelley and J.W. ThibautVarious Types of GroupsFriendship groupsInterest GroupsFormal groups liberal GroupsSmall groupsLarge groupsPrimary groupsSecondary groupsCoalitionsMembership groupsReference groupsCommand groupsTask groupsGood group work has great potential for the following reasons Individuals are encouraged to become active rather than inactive learners by developing collaborative and co-operative skills, and lifelong learning skills. It encourages the development of critical thinking skills. It requires the establishment of an environment of support, trust and co-operative learning can be nurtured. It promotes learning and achievemen t. Students have the opportunity to learn from and to teach each other. Deep rather than surface approaches to learning are encouraged. It facilitates greater transfer of previous knowledge and learning. It enhances social skills and interactions. Learning outcomes are improved. Large numbers of individuals can be catered for and work on the task simultaneously. interaction and co-operation on a micro scale is facilitated thus decreasing a sense of isolation matt-up by some. Quiet individuals have an opportunity to speak and be heard in small groups thus overcoming the anonymity and passivity associated with large groups. Individuals get the chance to work on large projects (larger in area or complexity than individual tasks). It can save time and requires a shared workload. Alternative ideas and points of view can be generated. Individuals develop and practice skills in decision making, problem solving, values clarification, communication, critical thinking, negotiation, departu re resolution, and teamwork.Team Working at HSBCThe whole is greater than the sum of the parts. This is a phrase that very much applies to HSBC. Although, as an organization HSBC a leader in the world of financial services. It is the power and reach of each of our local teams working together, which make HSBC such a successful and fast growing business. Recognizing the importance of local knowledge is a key message of HSBC advertising but it is not merely this. It is a value the HSBC live by. The employees work as a team to perform daily operations seamlessly.
The Tourism Industry In Sri Lanka Tourism Essay
The Tourism Industry In Sri Lanka Tourism EssayThis tarradiddle contains the results of the investigating which is d wizard to influence out how the advanced natural peace of mind ordain affect the phaetonry attention of Sri Lanka later defeating the LTTE draw Brabhakaran and washing out terrorism from Sri Lanka. The main argonas used for the investigation argon,The problems occurred in Sri Lankan touristry fabrication cod to war.Under this atomic number 18a, this investigation is carried all over the major problems which Sri Lankan tourism industry faced be arouse of the war. This is mainly carried out with lower-ranking data much(prenominal)(prenominal)(prenominal) as news paper articles, early(a) articles from the websites and report published by Sri Lankan tourism gainment Authority. Some of the facts were gathered through the questionnaire given to the director of the Sri Lankan tourist Board, London.Affects of new born peace toInvestorsUnder this factor t he investigation runs towards the new opportunities which investors entrust contribute in the future after the war and what provide be the incentives and advantages of investing in those atomic number 18as. This is in like manner mainly done through the tributary data such as newspaper articles, brochures and reports published by the Sri Lankan tourism interruptment authority, websites.TouristsThe re search carried over to find out what result happen to the number of tourist arrivals in future after the war. What be the new facilities testament offer by Sri Lankan tourism industry, what leave alone be the invokeing destinations developed and how will the politics help in developing tourism industry. Mainly this is carried out by primary(a) data which is serene through the questionnaire and former(a)s were gathered from the secondary data. societal life and topical anaesthetic peopleIn this research is on the changes, that will happen on social life and the local peo ple with the new born peace and its affects on tourism. These information were gathered by using twain primary and secondary data.Areas and regionshither the investigation is on the tourist beas which will affect the new born peace. The report contains the new developments of tourist aras will be done in Sri Lanka. The research is done using secondary data such as websites.PEST analysis SWOT analysisThis research carried a PEST analysis and a overdress Analysis in order to find out how the semi politicsal, economical, social and technological environments will change or adjust according to the peace affected tourism. Also an analysis for SWOT to find out the strengths opportunities that will strengthen the growth of the tourism industry and weaknesses threats which will weaken the growth of the tourism industry. For this both primary and secondary data ask been used. Specially the report publishes by Sri Lanka tourism development authority.Sri Lankan tourism industry will g row in future with the developments and growth in enthronements, tourists, atomic number 18as and regions and local people in this nonbelligerent environment. Finally Sri Lanka will create a golden period for the tourism industry in the new born peace.INTRODUCTIONSri Lanka is a country famous for cordial reception, tourism and well being people from the by early(prenominal). erst Marco Polo has told in 1293 A.D., this for its actual size, is better circumstanced than any other island in the world. The island produces much than beautiful and valuable rubies than form in any other place in the world. In this island there is a in truth broad(prenominal) mountains where the tomb of Adam, our first parent, is supposed to be found.(Refhttp//www.traveldailynews.com/ summons/show_ paginateboy/31677-Sri-Lanka-TourismQuo-vadis- ) yet since from the near past (1980s) Sri Lankan tourism industry dropped timber by step, as LTTEs get under ones skined their terrorism mainly from the northwesterly part of Sri Lanka and spread to East and other split of the country later on.Fortunately straightaway Sri Lanka is drop off from terrorism after about 3 decades. whence the country is safe to roam from atomic number 7 to South East to West without any double thoughts. This note has affected on tourism industry in a positive manner. Now the tourism industry is blooming again slowly within the new born peace and has become a cause to change the Sri Lankan Economy, governmental view, social life on tourism and many more(prenominal)(prenominal). wherefore this report has investigated on How the new born peace will affect the tourism industry in Sri Lanka.This report contains,The problems occurred in Sri Lankan tourism industry collectible to war.The affects of new born peace toInvestors in tourism industryTouristsAreas and RegionsSocial life of local peopleThe opportunities due the new born peacea). PEST b). SWOT methodologyThis research is done by gathering information from both primary data and secondary data. radical DataI pay used an interview and a questionnaire as the primary data in finding information for the research.Secondary dataI have used mainly the latest report ( subject strategy for Sri Lanka Tourism) published by Sri Lanka Tourism Development Authority and broachers, magazines news paper articles, websites as the secondary data.THE PROBLEMS OCCURED IN SRI LANKAN TOURISM INDUSTRY DUE TO WARSri Lanka experienced a vastly fluctuating tourism during the past decades.(Ref http//www.traveldailynews.com/pages/show_page/31677-Sri-Lanka-TourismQuo-vadis- )As per the World Tourism Organisation figures, tourist arrivals has increased in Asian countries for the past decade.(Ref http//www.traveldailynews.com/pages/show_page/31677-Sri-Lanka-TourismQuo-vadis- )But Sri Lanka has dropped tourist arrivals.(Ref Central Bank of Sri Lanka)While all the other contradictory exchange earning sectors have increased their earnings, tourism has lesseningd though it is the fourth largest foreign exchange earning sector.(Ref http//www.traveldailynews.com/pages/show_page/31677-Sri-Lanka-TourismQuo-vadis- )Bombing in buses and tourist destinations caused a huge draw back in tourist arrivals. Even though Sri Lankan tourist placard offers them worth packages they didnt want to scream Sri Lanka because of the sanctuary reason.(Ref http//ipsnews.net/news.asp?idnews=47983 )Bad press releases during the war time, both internally and internationally affected vastly tourists decisions on Sri Lanka. Some were distributed only to get political gains and some were to draw a bad picture on tourists mind about Sri Lanka and get advantages.Higher amends covers had prompted tourists to see elsewhere. policy covers were high because of the high risk level of security within the country.(Ref case dodging for Sri Lankan Tourism- page no 15)Good employees of tourism industry have gone to other countries due to poor salaries and lack o f opportunities among the industry. insufficiency of government support in promoting the industry according to the changes in the market.AFFECTS OF NEW BORN PEACETO INVESTORSDuring the past 3 decades investors for tourism industry were locked within the Southern midway part of the country. But direct they have the opportunity to invest in all over the country as they wish. oddly in labor union East regions which has most famous places to predict such as most beautiful beaches, temples, etc. with the completion of war, tourist arrivals whitethorn increase. therefore the government and the insular sector has to be ready to welcome them with secure accommodation facilities, infrastructure, transportation facilities, and many more. For that investors can invest in the new environment which is more palmy to them. Some of the favourable are,Cost of doing business has reduced due to the exterminate of war. Freight rates, insurance, and other monetary issues which added a huge cost for business has now decreased. so investors can get more gelt over their investments.(Ref http//sundaytimes.lk/090628/FinancialTimes/ft335.html )Political stability is growing especially in areas of North East. This cartroads to stability in policies and rules. Therefore investors can invest in long-term projects.(Ref http//sundaytimes.lk/090628/FinancialTimes/FT335.html )The government of Sri Lanka has started providing infrastructure such as roads, power, and ports. This also again reduce investors costs in investing.(Ref http//sundaytimes.lk/090628/FinancialTimes/ft335.html)Stock market has climbed over 96% in 2009 which is the winning social class of the war. Itll be more profitable in investing stock market in future.(Ref http//www.srilankaequity.com/2009/12/sri-lanka-back-on-investment-radar.html ) disport Rates and Inflation rate are coming down.The Sri Lankan government has reduced their l send awaying rates and has asked the private sector to reduce their lendin g rates. This is a very usefull and profitable information who wishes to borrow fund in Sri Lanka.(Ref http//www.srilankaequity.com/2009/12/sri-lanka-back-on-investment-radar.html )The end of war has cleared new paths for new investment opportunities across real estate, healthcare, plantation, and infrastructure. specially in North and East regions for about 3 decades there were no opportunities for any industry to do their work allayly. What was there is only war. Therefore there are opportunities for hospitals and other healthcare facilities, plantation as this region has the most rich lands and infrastructure as all the infrastructures have been destroyed during war season. These are indirectly interconnected to tourism industry. Because tourism industry is a industry which depends on other industries other than the destinations.(Ref http//www.srilankaequity.com/2009/12/sri-lanka-back-on-investment-radar.html )Cheap labourInvestors can have cheap labour in to their businesses a ss the unemployment is more in North and East.New tourist destinations.There are new and marvellous locations and places in North and East which were not allowed to visit for about three decades. These places will be more tourist attracting destinations in future.And also the ruined buildings and places due to war will be attracting sceneries for both local and foreign tourists.As the Northern and Eastern areas were banned for visitors during the war period, both local people and foreign people are willing to visit these places. Therefore the arrivals of visitors for the North and East will be more and this will lead investors to earn more from those areas by investing in accommodation facilities, infrastructure, transportation, sports activities and vacant activities.Sri Lankan government is looking for Middle eastern investors to develop the stamping grounds as a preparation for the boost in tourism industry.(Ref http//www.arabianbusiness.com/554986-sri-lanka-tourism-eyes-mideas t-investors )MSME will have more opportunities to develop their business with growth in tourism.There will be more ports other than Colombo to use. They are the Trincomalee port and The Hambantota port. Earlier these ports were used only for military activities but now they are open for common activities.FOR TOURISTSNew born peace has given a new life for both domestic help and international tourists. Specially Northern and Eastern areas are the most attracting areas of tourists these days because of the unseen destinations such as temples, beaches, ruins, etc. Also the current favourable security level has given tourists a boom. Here are some more tips for the change in tourists behaviour.New unseen locations.Tourists, both local and foreign can experience world famous and beautiful locations which are not polluted or crowded. Especially the Eastern sea and Nilavelli beach are the most attracting areas in the Eastern region. Other attracting things are heavyweight spotting, sear ch, water sports, sea rafting. Also the locations with historical value and religious value, especially in Northern area, such as Nagadeepa, Jaffna library, ruins of war, etc.Not only in North East, tourists can visit other places such as Anuradapura, Polonnaruwa, Mohinthale, Sigiriya, Sinharaja rain forest, case Parks, hill-country which is famous as little England, etc.SafetyNow Sri Lanka is free from bombs, suicide bombers, and terrorism. Therefore people can visit anywhere in the country without fearing about safety from LTTE activities. This was the main reason which reduced more and more tourist arrivals. But now it is fully solved. So tourists have the opportunity to explore Sri Lanka without fear.Proper FacilitiesThe Sri Lankan government and the private sector is building infrastructure steadfast to provide proper facilities for tourists such as roads, power and ports.(Ref http//sundaytimes.lk/090628/FinancialTimes/ft335.html)Also proper places for accommodation and oth er facilities are building up so that the tourists may feel that they are at home.More leisure and sports activitiesSri Lankan sea is famous for sports activities. And now tourists have more opportunities in Eastern Sea. Because Eastern sea is known as a sea which is very calm and good for sports activities such as rafting, whale spotting. Also Sri Lanka has a unchanging whether throughout the year. Therefore tourists can come and enjoy whenever they have leisure time.Stable political environmentAs now Sri Lanka is bit stable in their political status due to the end of war. Therefore policies and rules in tourism especially rules in arriving will be stable. So that itll be very easy for tourists while visiting Sri Lanka especially on Visas.And there will be less political violence among the country which will create a peaceful environment for tourists.New resorts for both local and foreign tourists especially in Nothern and Eastern areas. Also in other areas as the investors are ev oke in investing tourism sector.Example Kuchchaveli resortPassikudah resortSri Lanka is not famous only for leisure tourists but also for pilgrims. Therefore Pilgrim rests are building in order to provide proper facilities especially for domestic tourists.(Ref National system For Sri Lankan Tourism- page no 61)More facilities for business tourists.Sri Lanka was famous for MICE activities in the past. But it dropped due to the poor security. Now again MICE activities are booming in Sri Lanka with the new born peace. Therefore the government is looking to provide better facilities for businessmen who come to Sri Lanka for MICE activities.Tourists will be able to derive Sri Lanka not only by air but also by cruise ships as now Sri Lanka has 2 more ports. Trincomalee port and Hambantota port are the two new ports which has started work after war.TO AREAS AND REGIONS later on the war especially the Northern and Eastern regions have started to develop fast. Also the other areas of the c ountry are developing faster as the governments military cost has reduced. This helps in developing tourism industry. For examples,The local areas are developing as the government has already started developing infrastructure in North and East regions.(Ref http//sundaytimes.lk/090628/FinancialTimes/ft335.html)Kuchchaveli indemnifyThis is a area about 500 acres in Trincomalee district which is inbetween the North Nilaweli beach and Kuchchaveli village. This resort contains hotels, other facilities regarding accommodation, land and water based sports and a theme park. This will help in attracting more tourists in future.(Ref http//www.sltda.lk/eastern_region_development )Passikudah projectSLTDA has planned to restart the Passikudah resort project which was planned to start in 1983 and stop due to war. This resort is hardened by the Passikudah bay and contains 500 rooms in about cl acres. This project will also generate high tourist arrivals.(Ref http//www.sltda.lk/passikudah_project )Trincomalee and Hambantota ports will be busy with mercenary ships and cruise ships with visitors and goods.TO SOCIAL LIFE AND LOCAL PEOPLEPeace has changed the social lives of people especially in the parts where fighting were there. Those people did not know anything about outside apart from those areas which they live. But now the situation is changed. bulk are free to open up to the world. Many have started to work with the tourism industry because of the huge number of tourists arrivals. People from other parts of the country are also free to live their lives without the fear of terrorism. They are more common in North and East as domestic tourists. because they were not allowed to visit those places for about 3 decades and the people from North and East are free to visit other South part of Sri Lanka after 3 decades. Here are some of the affect of the end of war to the social life and local people from the view point of tourism.Political stability is growing. so that peopl e are able to stay wherever they want to stay and they are free to visit wherever they want. Also the rules and policies of regarding business will remain same. Therefore local people can start thin scale businesses such as small hotels, guest houses, rent three-wheelers, batik, etc. especially in tourist areas.(Ref http//sundaytimes.lk/090628/FinancialTimes/ft335.html)Government has started to work with infrastructure especially in North and East areas. Therefore its be easy and fast to develop tourist oriented businesses as well as other businesses in those areas.(Ref http//sundaytimes.lk/090628/FinancialTimes/ft335.html)Interest rates and inflation is decreasing. So that people may borrow money and invest in their businesses and build their damaged properties. And this will create a beautiful eye-catching areas for tourists. also the prices of goods will decrease due to lower inflation and it will create wealth among people.(Ref http//www.srilankaequity.com/2009/12/sri-lanka-bac k-on-investment-radar.html )There will be more employment opportunities with the incensement in tourist arrivals and other tourism activities in all over the country.People will have more money with them so that they will be motivated to visit places and go for day outs, picnics and trips.More fishing opportunities in North and East.Tourism police will have to be expanded to stop do drugs trafficking, prostitution and abuse of children with the full support of the courts, local people and politicians as the tourism industry grows.Guides, lecturers, drivers, three-wheeler entrepreneurs, will get more opportunities especially in North East as well as the other parts of Sri Lanka due to growth in tourist arrivals.Also owners of small guesthouses with one or two rooms, small hotels, restaurants, bar, tea boutiques will have a increase in their income.Arts crafts, spice gardens, batik, woodworking centres, wellness centre also will increase their sales.PEST abridgmentPOLITICAL FACTORS Political environment has changed after the war in order to develop tourism industry.The government supports by conducting investment symposium such as BizPact invest in Sri Lanka which was held in June 2009 to attract new investments.(Ref http//sundaytimes.lk/090628/FinancialTimes/ft335.html)Political stability is growing specially in North and East regions after the war.(Ref http//sundaytimes.lk/090628/FinancialTimes/ft335.html)Government is aiming to welcome 700,000 to 750,000 visitors by 2011 through visit Sri Lanka course of study.(Ref http//www.srilankaequity.com/2009/12/sri-lanka-back-on-investment-radar.html )Government is looking for Middle Eastern investors to develop the resorts after the war.(Ref http//www.arabianbusiness.com/554986-sri-lanka-tourism-eyes-mideast-investors )reorganized the tourist board and ministry in order to deliver a good service.(Ref National schema for Sri Lankan Tourism- page no 04)Develop a 4 year strategic plan for tourism for the period of 20 09-2012.(Ref National Strategy for Sri Lankan Tourism- page no 04)The Ministry, in partnership with the provincial council are creating a series of recommended one day tours especially for domestic tourists(Ref National Strategy for Sri Lankan Tourism- page no 62)ECONOMICAL FACTORSSri Lankan economy has changed vastly with the new opportunities occurred with the new peace after the war. Following are the factors which will affect Sri Lankan tourism as a result of ending war.Doing business in Sri Lanka is more economical because the cost has reduced due to reductions in fright rates, insurance and other financial issues.(Ref http//sundaytimes.lk/090628/FinancialTimes/ft335.html )Stock market has increased over 96% in 2009 after war.(Ref http//www.srilankaequity.com/2009/12/sri-lanka-back-on-investment-radar.html )Inflation and interest rates are coming down.(Ref http//www.srilankaequity.com/2009/12/sri-lanka-back-on-investment-radar.html )The North East will contribute heavily to GD P growth in the country.(Ref http//srilankatoday.com/content/view/2586/52/ )People will have more money with them.Commercial ships can come to new ports such as Trincomalee and Hambantota other than Colombo. Trincomalee port is in the East and Hambantota is in South. Therefore the country is available with 3 main ports around the country.MICE trade will grow with the peaceful environment. Earlier MICE industry experienced cancellations a sharp fall in arrivals due to the security issues such as suicide bombing.(Ref National Strategy for Sri Lankan Tourism- page no 55)SOCIAL FACTORSThe new born peace has changed the lifestyles, consumer trends, ethics and religious factors and many more with the affects of tourism industry. summing up of North and East provinces to the tourism industry will boost employment opportunities as well as the developments in other part of the country will also introduce more employment opportunities.All the development activities are done by taking care of the community, environment, culture and heritage especially in tourism and hospitality industry.Northern Eastern people get fishing opportunities and also people from other areas can come to these areas for fishing.Tourism police has to be expanded to stop drug tracking, prostitution and child abusing with the development of the tourism industry.People who own small guesthouses, small hotels, restaurants, bar, tea boutiques will be able to earn more. Also people who do arts and crafts, spice gardens, batik shops, woodwork will be able to earn more with the increased number of tourists.Guides, lecturers, drivers, three-wheeler entrepreneurs will have a higher demand.TECHNOLOGICAL FACTORSEspecially the Northern and Eastern areas have started to develop technologically after the war. This has do a great issue for the development in tourism industry because many foreign tourists are from developed countries such as UK, Spain, Germany, Australia, etc. and they will be more satisfied if they have the contemporary technology to use while they are visiting the beauty of Sri Lanka.Mobile telecommunication industry will also boom due to the addition of North and East to the tourism industry.Travel sources such as coaches, trains, cars, taxies have to be developed to provide quality services.Working towards improving websites and online marketing(Ref National Strategy for Sri Lankan Tourism- page no 56)Developing internal flights from Colombo to Jaffna with new facilities.Vavuniya-jaffna rail track has started constructions. This will be a great source to increase the number of local visitors from South to North.(Ref http//srilankatoday.com/content/view/4416/52 )SWOT ANALYSISSTRENGTHSCost of doing business in Sri Lanka has reduced due to decreases in freight rates, insurance and other financial issues.(Ref http//sundaytimes.lk/090628/FinancialTimes/ft335.html )Political stability is growing especially in North and East regions. Therefore it will be more advantages d oing business in Sri Lanka.(Ref http//sundaytimes.lk/090628/FinancialTimes/ft335.html )Stock market has rosed over 96% in 2009 just after the war. And it will keep climbing because of the new opportunities for business. Such as tourism and hospitality industry.(Ref http//www.srilankaequity.com/2009/12/sri-lanka-back-on-investment-radar.html )The entire North and east provinces will join in to the tourism industry with their values, destinations, and beauty.Addition of Trincomalee port to Sri Lankan shipping network will boost huge business visitors and employment opportunities.Worlds finest beaches for surfing, whale spotting, water sports, coastal fishing and coral reefs are now with the Sri Lanka. Earlier half of these beaches were not in a position to offer tourists. but now Sri Lanka has a treasure which many countries does not have.(Ref National Strategy for Sri Lankan Tourism- page no 12)4 year strategic plan for tourism from 2009-20012 which has developed 10 strategies and 8 objectives to provide a better service for tourists and tourism industry.Strategic TargetsTo build a more respective(a) product range.To make Sri Lanka more accessible.To attract 1.5 million tourist arrivals per annum.To increase yield per tourist from US$ 80 to US$ 130 per day.To create an additional 7,000 rooms by 2016 with the right conditions.To further develop the East and North-West with the development of existing sites and cities. (resorts and new resorts)To help traditional markets grow and open up new markets.To exceed world-class service levels and hospitality.To increase domestic tourism.To help MSME sector grow.ObjectivesShort-term programmeTake immediate action to increase visitors, manage cost and improve services.Marketing and Communications financial aid the world to discover Sri Lanka through rebranding, communication and marketing.Services and HospitalityImprove the quality and scope of visitors experiences. provision DevelopmentKeep changing the Sri Lankan tour ism according to world tourism through professional training.MICE cast off Sri Lanka a preferred venue for MICE.Domestic TourismImprove and expand domestic tourism.Grow the MSME sector.10 year planA plan which will place Sri Lanka as a highly craved experiential quality destination.For the buddhist pilgrims both domestic and international, specially there are Anuradhapura, Polonnaruwa to worship which were not a safe area at the past due to war. Also Nagadeepa which is famous as a place where Lord Buddha was teaching.For Christian pilgrims there is the Madhu church which is very famous for miracles.Sri Lanka has 14 national park with fauna and flora which are now available to offer for tourists.Able to offer one of the worlds finest fishing grounds, in the coast of the Jaffna peninsula. This creates more domestic visitors and more employment opportunities.Business travellers can get the perfect(a) work environment with post meeting relaxation including yoga, massage and other treat ments. Most of the hotels have these facilities in their separated areas or rooms as a adjustment for the tourist expectations and a way of attract tourists to their hotels again and again.Sri Lanka has More products to offer than the past. Such as more sports activities, leisure activities, expanded destinations, etc. canvas ships are also welcome to the Sri Lankans new port Trincomalee and Hambantota port. So that tourists who wish travel by sea can visit Sri Lanka while getting experience of sea travelling (sailing)(Ref National Strategy for Sri Lankan Tourism- page no 21)Sri Lanka aims to promote old festivals with a new look such as Ramayana trail.(Ref National Strategy for Sri Lankan Tourism- page no 28)WEAKNESSES privation of Tamil speaking officers to work in Northern Eastern provinces.Lack of Inspection on child sex and prostitution.Still there are undiscovered destinations in the country. Which will attract more tourists to the country.Lack of integration between agencies . Anyone who wishes to invest in tourism in Sri Lanka has to prevail permission from a number of agencies including numerous ministries, local authorities Government agents.(Ref National Strategy for Sri Lanka Tourism- page no 15)Lack of InfrastructureWhen a traveller has undertaken an exhausting 12 hour flight, they need a future 5-6 hour. Drive along poor quality roads to reach their hotel or destination. And when they reach they may get poor quality rooms.Older Cars, Taxis, mini buses and coaches minimise the standards.OPPORTUNITIESThere are new investment opportunities in real estate, healthcare, plantations infrastructure sector as core-sectors in tourism industry.(Ref http//www.srilankaequity.com/2009/12/sri-lanka-back-on-invesment-radar.html )Kuchchaveli Resort will be a grate place to spend leisure time for both local foreign tourists which contains hotels, land water based sports and a theme park.(Ref http//www.sltda.lk/eastern_region_development )Passikudah resort is A nother new resort which is located by the Passikudah bay it contains 500 rooms in about 150 acres.(Ref http//www.sltda.lk/passikudah_project )Small Miracle , is the Sri Lankan new tourism brand. This has been tested in all the key markets and has shown good results.(Ref http//sundaytimes.lk/090628/FinancialTimes/ft328.html )Sri Lankan government is looking for Middle Eastern to develop the resorts as a preparation for boost in tourism after the war.(Refhttp//www.arabianbusiness.com/554986-sri-lanka-tourism-eyes-mideast-investors )Opportunities to expand the industry to new markets and to develop the nature, culture and adventure products through new Beaches Beyond strategy.(Ref National Strategy for Sri Lanka Tourism)Cruise ships and commercialized ships can come in greater numbers to new Trincomalee port beyond Colombo and Hambantota.(Ref National Strategy for Sri Lanka Tourism-page no21)As the war ended Sri Lanka has headed towards new markets like Israel, Japan, Middle-East and Russia other than their usual markets (Germany, France, India UK)(Ref National Strategy for Sri Lanka Tourism-page no22)There will be more opportuniti
Wednesday, April 3, 2019
Utilization Of IT In Property Management Information Technology Essay
Utilization Of IT In prop attention In holdation Technology EssayInformation Technology, or IT, has be pose an enabler in multiple areas of human life, including p caution manage of every start(predicate) kinds. The fleshly exercise of station guidance stinker non be accepted. With a case nurture of terra firma appraise firms in Lagos, this stem investigates the level of practice session of IT in the victor practice of retention concern. Data was collected victimisation questionnaires, which were administered development the cluster sampling order. The paper shows that IT is not man signifi arseholetly busy in the practice of stead precaution in Lagos. It further reveals that the sexual congress high oerall terms of its word sense is nearly probably trusty for the foregoing. In this wise, the paper recommends that the Nigerian Institution of terra firma messors and Valuers, the custodian of the profession, should tender leadership in the utilizatio n of it, while undivided and collective efforts of the firms should be geared towards this area.Key words Information Technology, lieu commission, Professional Practice, And Estate Surveying FirmsINTRODUCTIONThe initiation of today is being propelled by teaching, in pro open up proportion, via the agency of Information Technology (IT). Information, in these present times, to a greater extent frequently described as a fourth resource, is as of the essence(p) as land, labour and capital in the production process and advances in IT have tremendously facilitated the processes of gathering, storing, handling and utilizing this vital resource (Brady, 1991 and Olawore, 1999). The foregoing underlines the aptness of terming this 21st century the Information Age (Emeagwali, 2003). Signifi nookyt changes have come about due to the rapid growth of IT the outstanding change being the increasing globalisation of the world. T here is the increasing transmutation of the present-day world i nto a much homogenised geographical entity with no boundaries, hence, the famous clich the world is a global village (Owasanoye, 2001). The most(prenominal) revolutionary agent of this increase is the Internet, an offshoot of musical modern IT. The Internet has lowered the cost of doing occupation make it possible for a consumer to entry goods or helpers without passing the throttle of his home or touch and has given its intentionrs an opportunity to give out and lock across frontiers, across borders and beyond the control of national governments. IT has been, and give stay fresh to be, applied to the multifarious facets of the life of the ubiquitous modern-day man. It is common familiarity that virtually all categories of professional divine expediency providers are instanter supplement on the cutting edge afforded by modern IT so as to progressively leapfrog competitors, proactively respond to the ever-dynamic demands of their respective clientele and ultimatel y agree cherish to their bottom line. Modern IT has changed business landscapes and expanded the frontiers of service lecture (Osadolor, 2002). For example, banks and pecuniary serve providers have created their own system of electronic cash in transfers the travel industry customs electronic information services for reserveing, time tabling and set stock exchanges have evolved automated trading systems while solid ground agents now utilize the platform of the Internet to market real estate in their portfolio (Owasanoye, 2001 and Akomolede, 2002).Situated in the mount that prop managers are too include in the category of professional service providers carrying on the practice of ensuring that a clients dimension investment is kept in a state to get up its functionality, prolong its lifespan, yield an optimum return and achieve the investors general objectives, hence, IT is of utilitarian purpose to the practice. Similarly, central to proactive plaza focus practice is an effective system of take down keeping in its widety. Against this backdrop and given the countless of responsibilities of the property manager coupled with all sorts of compoundities presented by properties and their occupants, an enabling official document as IT piece of tailfulnot exactly be deployed. Furthermore, if the foregoing is critically examined in the con textual matter of the emerging milieu of increase client sentiency and requirements, it reinforces the imperative of property managers substantively leveraging on IT to drive, and step up the quality of, service delivery (Longe, 2001).However, even in the absence of an in-depth inquiry, by casual observation, it can be conjectured that in that respect is a yawning gap between the levels of mundanity that are being attained vis--vis the acceptance of information technology in the contemporary professional practice of property focus in twain the developed and the developing economies. The practice of property management (like its umbrella practice of estate surveying and valuation), in most developing economies, inclusive of Nigeria, is fall behind behind that in the developed economies (like the United Kingdom) specifically in wrong of the exertion of modern enabling tools of information technology. Though, it cannot be s advocate that there is blanket non-utilisation of IT in the practice of property management by estate surveying firms in Lagos, Nigeria, as a typical example of a city in the developing world, but to what extent is IT pick out in the practice? This is the central question that this paper intends to answer with the aid of an information-based study carried out in 2005.INFORMATION TECHNOLOGY AND PROPERTY heedThe term Information Technology has been variously described. IT, being the acronym for Information Technology, has been broadly defined as a term that encompasses all forms of technology utilize to create, store, exchange, and put on information i n its various forms (business information, persona conversations, still images, doubt pictures, multimedia system presentations, and new(prenominal) forms including those not yet conceived)1. However, in simple terms, the Oxford sophisticated Learners Dictionary of Cur rip English (6th edn) furnished a definition of IT as the use of electronic equipment, especially information processing systems, for storing, analyzing and sending out information.It is common association that IT has wide-ranging applications programmes it has been applied to virtually every aspect of human life. It has implant useful application in science, commerce, engineering, education, recreation, entertainment, research, medicine, governance, religion, agriculture, real estate market, project management, banking, skyway reservations and so on (Brady, 1991 Alile, 1997 Ojo, 2000 Ayo, 2001 and Akomolede, 2002). It is also of useful purpose to the various facets of the professional practice of property m anagement.Property management the other term under review is an integral aspect of the profession of Estate Management. Thorncroft (1965) defined estate management as the direction and supervision of an interest in set down property with the aim of securing the optimum returns. These returns need not be financial but may be in terms of social benefits, prestige, status, semipolitical power or some other goals or group of goals. In consonance with the traditional aim of general estate management, property management entails the practice of directing, supervising and controlling interest in land and get property so as to enable it yield an optimal return.Specifically, property management is that aspect of the real estate profession devoted to the leasing, management, marketing and overall sustainment of the property of others2. tally to Olajide and Bello (2003), property management can be defined as the application of skill in lovingness for the property, its surroundings and amenities, and in developing sound relationship between the landlord and dwell and among inhabits themselves, so that the property as well as individual set forth would give value some(prenominal) to the landlord and tenant. Basically, its purpose is to secure for the property proprietor the maximum continuous net return on his investment over the life of that property and to maintain the physical aspects of the property for optimum dexterity and economy (Weich, 1967 and Kyle, 2000). In essence, the primary functions of property management are dual achieve the objectives of the property owners, breed income for the owners, and preserve or increase the value of the investment property (Kyle, 2000).Towards this end, comprised in the professional services rendered by property managers are (a) rent collection and remittance (b) selection of tenants (c) property maintenance (d) marketing of vacant accommodation (e) administration of estate personnel and services (f) administration (maintenance) of estate records (g) routine management inspection and correspondence (h) enforcement of term of a contract covenants and (i) both other function as indicateably expected of a property manager or as stipulated in the management sympathy between the parties (the property manager and the client). All these services can be driven by IT.The following are some determine application areas where IT has been of beneficial use in the practice of property management.a. Filing It is assert that a property manager cannot survive without his records (Nwankwo, 2004). If he cannot maintain a good register system, he will always be in difficulty. Hence, the hallmark of an efficient management office is a good register system (Kyle, 2000). Data should be sorted and segregated into separatefiles for well-to-do collection, retention and retrieval of records. Records can be kept manually by means of simple registers, record cards, registers that are referred to often, reminders, files and so on but the trend now is computerization (Nwankwo, 2004).A computerized data system has a turn of advantages over a manual system including the ease of storage, the expertness to retrieve large amounts of data as needful, economy of space, and reduction of usable cost and time (Olawore, 1999). With a computer database, records relating to clients properties can be efficaciously maintained. Database much(prenominal)(prenominal) as computerized property management system (CPMS) e.g. EstMan is visible(prenominal) in the market to all property managers desirous of computerizing their trading operations (Adebiyi, 2003). The CPMS comprises various elements such as data relating to the properties, the landlords, the tenants and the deals in a digital form. It is designed to aid the management and administration of commercial, industrial and residential properties. The software allows the myriad of information to be retrieved quickly, eliminating the need to refer to bu lky files or having to refer physically to leased documents often by extracting vital information and making them ready(prenominal) to be looked at or pointed out whenever required.b. Financial Record belongings This is a crucial activity in property management that deserves a separate mention given that the cardinal aim of property management is securing the maximum return (Olajide and Bello, 2003). Accounting software programs allow tedious book keeping calculations to be performed automatically, including accounts receivable (e.g. rents and service charges), accounts payable (e.g. ground rents, judge and insurance premium), payroll, inventory and general ledger (Kyle, 2000). Accounting programs can generate various reports that are valuable for financial planning and evaluations, including monthly budgets, cash flow studies, profit and loss statements and reports to owners. Some even can preserve and print a cheque, while entering that directly into the bank remainder summar y, thus maintaining even more up-to-the-minute control.c. Word Processing/generation of Notices and Reports Word processing is utilize when composing and typing almost whatsoever kind of letter, report, or newsletter it is easy to insert or cut characters, words, lines, paragraphs or even pages of text and correspondence can be integrate with mailing lists to generate mass mailings. Drafting a document, letters to neglectful tenants for example, which can be time-consuming, will be made easier and faster with the aid of this software.According to Kyle (2000), at the very least, the new software programs offer a template for letters (for proper form) as well as pre-written form letters to meet all sorts of needs late notices, eviction notices, lease termination and letters on all types of problems (e.g. excessive noise). If the software does not have a letter bingle needs, after drafting it, one can save it to reuse. Specifically, in connection with review and renewal of tenanc ies and other action dates, a completely automatic key dates system is available (Stapleton, 1994). Further, graphic software programs can produce a variety of graphs and charts to use in presentations and reports, and can also be used to create advertisements, brochures and tenant newsletters.d. Property Marketing and Tenant Selection The World Wide Web, a inter snuff it of interconnecting computers, is quickly becoming a vehicle for announce, marketing and dialogue (Kyle, 2000). The Web enables users to create their own websites to break information easily affable to the public. Adebiyi (2003) determine the benefits accruable to professional firms with websites Information can be provided to the user free, or via subscription service, or for a specific payment it provides the firms with shop windows available to any client or applicant 24 hours of the day it can display an innovative brochure of the firms professional services, clients properties available for sale or let an d they market to the widest audience without any boundaries to working days. In particular, Alile (1997) identified that, with multimedia technology, a contemporary offshoot of IT, marketing renting properties has become more sophisticated in the sense that you can walk done houses without leaving your room.Apart from marketing, the Internet can serve the purpose of tenant selection. Kemp (2000) account a special Web property management solution, the Rentals.com on-line property management system. Through Rentals.com, letting property owners and managers can create a personalized website. From the site, one can show pictures/floor plans of all properties access a private, virtual office track site traffic schedule viewing appointments view rental applications and obtain rental news and advice from experts in the real estate industry. The benefits of this system are obvious a clutter-free workspace and a round-the-clock virtual, paperless office, amongst others.e. Office Automat ion Office automation deals with acquisition and distribution of information, communication (internal and external), and information processing. It has, therefore, a variety of facets including communications, publishing, and data processing. Very few, if any, offices can run without theuse of some automated equipment. The amount of automation needed depends, again, on the size of it of the operation and the type of properties involved (Kyle, 2000). Office equipment such as fax machines, typewriters, word processors, calculators and specialized accounting equipment (including computers) are heavy once the business begins to grow.For communication purposes particularly, with a local area network (LAN), computer users in the same office can share data, including text or data files, whole programs, scanned images, incoming and outgoing fax messages, blueprints and voice messages. LANs increase the efficiency of computers, software and printers, which make inter-office communication better, faster and cheaper. LANs disaccord in speed, reliability, and compatibility with various computer hardware, so a wise property manager will consult a LAN expert forwards making a purchasing decision.Further, with a modem and a phone line, computers can communicate with each other over long distances, sending computerized data (e-mail) to another computer hundreds or thousands of miles away. Since the modem transfers information directly to another computer, there is no need to print out the information on paper archetypical, which increases the speed and efficiency of the communication. The data can be viewed on the receiving computer screen or printed out on paper.f. Tracking Maintenance According to Holmes (1994), IT has enhanced the planning and organization of maintenance. Software packages have been developed for most activities. There are 3 main areas which require IT support the first for handling work recording and monitoring, the second for condition assessment analysis, and the triplet for cost predictions. Within these areas a range of linked programs can be used to supplement the process for example, an asset register will greatly help with work ordering.On a general note, Stapleton (1994) described the benefits of the application of IT to the practice of property management as follows Problems can be identified quicker and performance be analyzed in a more rigorous way. Information for regular review by policymakers is more right away available and more work can be handled by the same round. He, however, attached a caveat that the application of IT does require a substantial commitment by the existing staff and considerable care is required in the way the concept, the technology and the system are introduced.In fire of the gains of the adoption of IT in the practice of property management (and estate surveying and valuation in general), Adebiyi (2003) suggested that, by casual industry analysis of the use of IT, not a deliberate in quiry, it is indicated that there is low-level utilization and cognisance by a significant proportion of estate surveying firms in the Nigerian real estate industry. He opined that IT is often seen by those who do not use it as an unknown technological threat, both complex and expensive, requiring extensive training and bringing an additional and unnecessary complication to professional life.In the light of the foregoing, Adebiyi (2003) offered an admonition thusIt is important for (Estate) Surveyors who do not use IT to consider the changes that have taken place over the last few years, the current speed of changes and facilities available to assist Surveyors. It is also wise for them to have some understanding of the ever more rapid developments that will affect all practitioners in the foreseeable future. They need to consider how IT awareness and use can enhance not just their efficiency and business performance, but also the professional advise they give to property keep com pany and developer-clients or to tenants.THE INVESTIGATIONBearing in mind that it is an observable list for estate surveying firms to exist in pockets or congregate unitedly in geographical areas around Lagos (i.e. the population of estate surveying firms is largely distributed in clusters), hence, it is apposite to adopt the cluster sampling method as the suitable approach to generating a representative sample for study here (Asika, 1991).According to Asika (1991), generally, a sample size of 10% of the population size is adequate enough to effectualate and generalize the findings of a study to the entire population. Given that there are 477 estate surveying firms in Nigeria as offered by Nwankwo (2004) and assuming that all the firms have an operational office in Lagos, then applying 10% to this number of firms and leaving ample room for safety, the agree sample size for this study is therefore 50 and will be spread over four main identified clusters (convergence areas) in th e Lagos metropolis. reply RateAs indicated in circuit board 1 below, an evaluation of the individual solvent rates of the cluster areas reveals that all areas are fairly represented (with the minimum response rate being 80%), and the average response rate being 84%. For all practical purposes, this is acceptable and valid for statistical analysis. plug-in 1 retort Rate According to ball AreaCluster AreaTarget ResponseActual ResponseResponse Rate (%)Lagos Island201785Victoria Island/Ikoyi10880Surulere5480Ikeja/Opebi151387Total504284Source subject Survey, 2005Extent of Utilization of Information Technology in the Practice sevener specific areas of the practice are examined vis--vis the adoption of information technology, namely training of schedules of letting expression and communication of management notices and reports Preparation of clients statements of accounts Rental property marketing Mode of receiving applications from prospective tenants Mode of receiving complaints from school term tenants and Property record keeping.A schedule of lettings serves a major purpose in the practice of property management and it is frequently required. It aids rent collection. Hence, the mode done which it is drawn up is very crucial. Two modes can be identified manual and computerized or a combination of both. Fig. 1 reveals that 64% (or 27 out of 42) use the manual means, 12% (or 5 out of 42) use the computerized means while 24% (or 10 out of 42) use both the manual and computerized means. It can then be reasonably concluded that the legal age of the respondents still rely on the manual mode of extracting applicable data from rental payments register in order to draw up schedules of letting. This method is, however, adjudged to be inefficient and susceptible to errors.Table 2 Preparation of Management Notices and ReportsModeFrequency forecastPercentages of Responses (%)Percentages of Cases (%)By handwritingBy using typewriter245By using word-processors4284 co ulombBy using property management software61214Total50* carbon119Source field of honor Survey 2005* banknote Total number of responses is greater than the total number of respondents because each respondent gave multiple responses. The cumulative frequency count by the multi-response analysis was thus greater than the total number of respondents.Table 3 Communication of Management Notices and ReportsModeFrequency itemisePercentages of Responses (%)Percentages of Cases (%)By staff hand delivery372688By courier service271964By postal service151036By phone292069By e-mail service211450By short message service (SMS)161138Total145*100345Source line of products Survey, 2005*Note cop Table 2 for renderingIn preparing management notices (such as rent demands) and reports, 4 methods are identifiable as shown in Table 2. Survey reveals that word processors are of general application, and used by all the respondents (or 100%) while 6 out of 42 (or 14%) use special-purpose property managem ent software. 5% (or 2 out of 42) of the respondents still use typewriters. And to communicate the notices and reports, a combination of 6 options are open to the respondents (see Table 3). ply hand delivery features most prominently as the means through which most of the respondents communicate notices and reports (37 out of 42 or 88%). electronic mail service, a main IT option in the context of this study, ranks 4th and adopted by 50% (or 21 out of 42) of the respondents.Table 4 Preparation of Clients Statements of AccountsModeFrequency CountPercentages of Responses (%)Percentages of Cases (%)By manual calculations274364By using accounting software294769By using property management software61014Total62*100147Source theatre of operations Survey, 2005* Note See Table 2 for explanationAccounting software, a general application software, finds the widest use amongst the respondents in rendering accounts to landlord-clients (see Table 4), followed intimately by manual means of extr acting relevant data from account books and equilibrise the accounts (27 out of 42 or 64%). The use of special-purpose property management software ranks last (a distant 3rd).Table 5 Rental Property MarketingModeFrequency CountPercentages of Responses (%)Percentages of Cases (%)To-Let mature placements4231100Print media advertising4231100Property bulletin distribution362686Internet advertising161238Total136*100324Source playing field Survey, 2005* Note See Table 7 for explanationTable 5 indicates that all the respondents market available rental accommodation by board placements and print media advertising. However, only 16 out of 42 (or 38%) advertise via the Internet. Hence, it can be fairly concluded here that IT has not found popular use amongst the estate surveying firms in marketing rental property.Table 6 Mode of Receiving Applications from Prospective TenantsModeFrequency CountPercentages of Responses (%)Percentages of Cases (%)By phone394793By physical appearance at offic e4251100By applying on-line225Total83*100198Source Field survey, 2005*Note See Table 2 for explanationTable 6 shows that only 2 out of 42 (or 5%) accept on-line applications from prospective tenants that intend to let advertised rental accommodation in spite of its benefits of round-the-clock accessibility. All the respondents dwell on prospective tenants physically visiting their offices. Applications through the phone are also accepted by 39 out of 42 (or 93%).Table 7 Mode of Receiving Complaints from Sitting TenantsModeFrequency CountPercentages of Responses (%)Percentages of Cases (%)By phone392693By letters4228100By physical appearance at office372588By short message service (SMS)13931By e-mail service181243Total149*100355Source Field Survey, 2005*Note See Table 7 for explanationIt is not uncommon for sitting tenants to forward complaints about relevant matters demanding the attention of property managers. Different conduct are created through which these complaints are autho ritative. Table 7 reveals that the multitude of complaints is received through letters by all the respondents while SMS is the least used mode. E-mail service is the 4th most frequently used mode of receiving complaints from sitting tenants (18 out of 42 or 43%).Table 8 Mode of Property Record KeepingModeFrequency CountPercentages of Responses (%)Percentages of Cases (%)Cabinet filing406395Electronic database243757Total64*100132Source Field Survey, 2005*Note See Table 2 for explanationFrom table 8, 95% of the respondents (or 40 out of 42) adopt cabinet filing while 57% of the respondents (or 24 out of 42) use electronic database. Both cabinet filing and electronic database are complementary though the latter offers easier access to relevant information.Having examined seven salient areas of the practice of property management in Lagos in relation to the adoption of IT, it can be summarized thus IT is being comparatively put to use in all the examined areas of the practice of propert y management in Lagos however, the extent of adoption, on the whole, is below average.Table 9 Respondents be of the Reasons for the Current Extent of Utilization of IT in the Practice of Property ManagementReasonAbsolute FrequencyWeighted mean score potently Agree5Agree4Undecided3 protest2Strongly Disagree1 coition underdeveloped state of the property management practice in Lagos311018102.50Relative non-availability of IT tools for property management in Lagos5581952.43Relative high cost of adoption of IT in the property management practice21951603.17Relative non-sophistication of clients served by property management firms in Lagos3862232.64Relative small sizes of the operations of the property management firms in Lagos23619122.14Source Field Survey, 2005Respondents were asked to score tailfin probable reasons for the below-average utilization of IT in the practice of property management in Lagos on a 5 point Likert scale. The results as shown in Table 9 above show that the sexua l relation high cost of adoption of IT in the property management practice is the most probable reason for the current extent of utilization of IT in the practice. IT is widely viewed to attract broad costs for its application in the practice of property management. Relative non-sophistication of clients served by the property management firms ranks 2nd. However, ranking last is the relative small sizes of the operations of the property management firms. A possible interpretation of this is that the respondents see the sizes of their operations as substantial enough to warrant the deployment of IT.Further, to gauge the practice-wide perception of the adoption of IT, respondents were asked to indicate their degree of agreement or disagreement with this statement The increased adoption of IT in the practice of property management in Lagos can have a significant positive impact thereon in terms of increased profitability, broadened client base and excellent service delivery. let on o f 42, 28 (or 67%) strongly agreed, 13 (or 31%) agreed and 1 (or 2%) was undecided. On the basis of this, it can be said that, in the absence of constraints, the firms are willing to significantly increase the level of utilization of IT in the practice of property management.From the foregoing, it can be stated that the relative high cost of adoption of IT in the practice of property management, amongst others, is the most probable reason for the current extent of utilization of IT in the practice. speculation TestingResearch HypothesisTo be tested in t
Tuesday, April 2, 2019
Enterprise Rent A Car Recruitment and Selection
enterprise Rent A Car Recruitment and extractIn fork e actuallyplace business world, organization eer tries to reduce their cost and maximize their profit. In this point of view Enterprise rent A-car are not different, they perpetually try to use modern technique in their get inment, it was founded in 1957 by jack Taylor in St. Luis in the USA. At present it is the largest car renting business in the world to sidereal day with much(prenominal) than 7500 offices in the USA and more than 850 in Canada, Puerto Rico, the UK , Germany and Ireland. In 2007, organization had more than 700000 rental cars in use, employing over 60000 people with an annual turnover of over 4.6 billionHuman Resource Management at Enterprise car rentalHuman Resource Management does the hiring, training, and developing plys and where necessary to discipline or dismiss them. Enterprise you-drive gives extensive training and development schedule to its employees inwardly the club. This reduces th e sine qua non for external enlisting and makes maximum use of exist talent. This is a cost-effective way for a business to manage its people.The HRM persist not only manages existing staff, it also thinks for changes that de segmentation affect its coming(prenominal) staffing needs. This is known as surviveforce planning. For example the business may change state into new markets, such as Enterprise moving into truck rental it may use new technology which requires new skills e.g. global billet equipment staff may retire or be promoted, leaving gaps which need to be filled.There may also be external changes in the labour market, meaning that there will be fewer skills usable or too many in a particular area. HRM monitors any of these things in planning recruitment strategy. This places the HRM function in a underlying role in the business because all coach-and-fours use this expertise to gather staff.Demand and Supply forecastEvery year Enterprise Rent-A-Car requires a higher volume of employee recruitment. Over 65000 people are before long working in Enterprise. With the diversification of the company in Canada, Puerto Rico, the UK, Germany and Ireland, there is a higher demand of the work force in Enterprise all the time. So, the company continuously look for the talented people to recruit. For that reason separately year, Enterprise recruits an average of 1,000 staff into its potassium alum recruitment programme in the UK and Ireland.Recruitment Plan at Enterprise Rent-A-CarEnterprise has a policy of promoting its managers from within its existing workforce. This means the business must recruit people with the potential to grow. Each year, Enterprise recruits an average of 1,000 staff into its graduate recruitment programme in the UK and Ireland. To achieve its aims and objectives, Enterprise needs staff who are motivated and who possess initiative and drive.Promoting managers and offering career opportunities from within the company has a positive affect on Enterprise. Employees remain happy, will stay longer and give their best.However, with growth and diversification there is always a need for external recruitment to render new skills or increase the business capacity for expansion.Recruitment and pickaxe MethodIn order to attract high quality candidates, Enterprise is raising the company profile within UK universities using Campus Brand Managers. These are students or interns who work for Enterprise and act as liaisons for potential applicants. Students can also come across Enterprise and spend time learning about how it does business and what opportunities it offers.Enterprises online recruitment transition is an important part of its strategy. This improves the speed and efficiency of the application for both the company and the applicant. The website provides a registration function and lists available hypothesizes. It also provides a lot of information about the Management Trainee role and the company floriculture and values. This allows applicants to get a good idea of whether Enterprise would suit them.Enterprise advertises its vacancies and opportunities across a wide range of media. This includes media such as newspapers, magazines and online.Selection is the process of identifying the best candidate for the role in question. This is important as the candidates who apply may not always have the correct rotary of skills and competencies required by the business. Enterprise seeks competencies in its recruits both for an immediate job role and also for development over the longer term to yield the business growth. HR managers often use standard documentation in order to match job roles with personal qualities and skills. These include the job verbal description this summarises a job role within an organisation and lists the main tasks a person specification this highlights the characteristics a candidate needs for a post, as well as the desirable qualities the company is lo oking for.Enterprise combines the person specification within the job description by using a skills and competencies framework.Interview Panels and Types of InterviewsThe Enterprise rent-car always tries to create best opportunity for their employee. To blind candidates, Enterprise recruitment managers compare the online application forms (which reflect candidates CVs) to the skills and competencies the role needs. Candidates therefore have an initial face-to-face interview with an Enterprise recruitment manager. This is followed by an interview with a branch manager. From this, selected candidates are invited to an assessment day.The assessment day is a standard part of the Enterprise recruitment process. Candidates take part in practical exercises, including role-play, as well as individual and base activities.Role-play is a valuable way of testing core skills like converse and customer service.Enterprise can assess a candidates performance by different methods and in differen t work related tasks. This makes the selection process fairer. Areas tested include customer service skills, flexibility, sales aptitude, work ethic, lead and teamwork. The assessment day ends with another interview with a senior manager in order to make the final selection.ConclusionIn refinement we can conclude that, human resource recruitment plan is very effective decision for any successful organization. Organization Recruitment plan are based on the organization demand and responsibility. Enterprise recruitment plan are always different than other similar organization, they always focus on young generation because their main goal is to provide best service for their customer.
Relationship Between Stress and Parenting Quality
Relationship Between Stress and P arnting Quality make out as a Moderator Between Parents Stress and Parenting QualityElizabeth K. WilsonPrevious literature has shown that the quality of parenting is vulner open to tensityors such as daily hassles, financial hardship, and work-related foc using, to invoke a few (Leinonen et al., 2002). Longer workdays for parents have been shown to create air and minify family interaction sequence (Lerner Galambos, 1991). Fathers work stress translates into negative feelings and much(prenominal)(prenominal) corrective parenting (Galambos et al., 1995) while m a nonher(prenominal)s work stress causes them to withdraw from their children (Repetti Wood, 1997). Both parents have slight closeness and are accepting of children when affected by stress (Galambos et al., 1995). Parents who are forced to work longer hours or multiple jobs because of financial situations boldness even more added stress. When experiencing financial hardship, paren ts make adjustments to living such as behindceling family trips or postponing all important(predicate) family purchases, which makes them feel like a failure at providing for their family and creates worry (Conger Elder, 1994). This reflects on their parenting skills in the form of more hostile, punitive parenting look (Conger et al., 1992). There has been evidence of more disruptive family functioning when parents report having more daily difficulties (Repetti Wood, 1997).According to the Family Systems Perspective, matters at the individual level, such as parenting expression or the impact of stress, fully understood only by considering the large network of interdependent consanguinitys within the family (Minuchin, 1985). The spillover hypothesis posits that deportment and affect of the very(prenominal) valence transfer directly from one situation or relationship within the family to another, such that negative interactions in one situation spillover as negative interact ions in another (Nelson et al., 2009). Marital distress is related to disruptions in parenting and quality of parent-child relationship both mothers and fathers were more likely to engage in hostile quite a than authoritative parenting when under stress in the nuptials (Conger Elder, 1994 Conger et al., 1992).Stress on parents in the workplace, in their relationships, and even inconveniences passim the day allow undoubtedly spillover into other aspects of their lives, especially parenting, but how do head strategies modify this effect differentially for mothers and fathers? Coping is an set about to change our circumstances, or the way we perceive them, to make them seem more companionable so that we are able to make it through the situation with a more positive outlook (Lazarus, 1993). Coping is a resource that has been shown to devotee the negative effects of a stressful event (Gayman et al., 2014). Using supple cope strategies, which involve facing the problem head-on, is thought to be a more adaptive way of dealing with stress, while avoidance coping is less adaptive. Emotion-focused coping is a type of coping that could be sort out as wide awake coping if one is changing his or her approximation of a situation to a positive appraisal. This type of coping is seen more commonly in women than in men (Holohan Moos, 1987).Social withdrawal has been regarded as a type of coping mechanism in response to short-run stress. Social withdrawal could be something as simple as observance television and avoiding interactions with family members. Fathers have been shown to physically position themselves away from family members after(prenominal) a hard day at work. This type of coping mechanism is not recognizable as a type of coping schema by the person using it, so it may not show up in self-report measures, but has been shown in previous studies that observed family interactions (Campos et al., 2009).Two master(prenominal) types of coping are appro ach and avoidant coping, also known as active and passive coping. Approach coping strategies are an attempt to alter or decrease the stressor and engage and control the stressful situation, whereas avoidant coping strategies are an attempt to avoid the stressor by emotionally and sometimes physically disengaging from the problem. Avoidant coping strategies can be manifested in the form of actually leaving the stressful situation or emotionally denying the situation and sometimes emotionally escaping the situation by distracting the mind with a television show or abusing substances (Shin et al., 2014).We posit that parents who hold active, approach coping strategies will have less negative interactions with their children after a stressful event because of the buffer that this positive coping strategy provides. These parents will face their problems head-on and will be better able to separate these stressful events from a stressful event involving their children. On the other hand, parents who utilize passive, avoidant coping strategies will not have this buffer surrounded by stressful events and the interactions with their children. The negative coping strategy will actually carry on the spillover of stress onto parent-child interactions. Parents who use avoidant strategies, such as social withdrawal, do not deal with their stressors appropriately and instead avoid them. This negatively affects later interactions with their children because they tranquillize have stress built up that they have not dealt with. This stress spills over into their ability to parent effectively and positively.The ability to cope with stress and subsequently provide good quality parenting leads to positive outcomes for children. Parenting quality has important implications for childrens school involvement and language development. Parents who utilize avoidant coping strategies or social withdrawal coping strategies do not use the time they have to give quality parenting to their children, such as reading with them or getting involved in school activities. Instead, they psychically isolate themselves from the family, using what little time they have to be alone (Katz, 2002).As mentioned previously, when face with stressors, parents tend to use more hostile than authoritative parenting, and more arbitrary than constructive parenting (Conger Elder, 1994 Conger et al., 1992), which could have serious implications for the childs wellbeing. remote and aggressive parenting practices have been associated with attention and hyperactivity problems, conduct and aggression problems, and less prosocial behavior in children. On the other hand, constructive parenting has been associated with improved adjustment and let down level of antisocial behavior in children (Hadzic et al., 2013).The current study will examine the relationship between parents stress and parenting quality and the possible routine of coping strategies as a moderator of this relationship. We hyp othesize that coping will significantly moderate this link, with positive coping strategies buffering the negative effects of stress on parenting and negative coping strategies perpetuating these negative effects. The role of parent gender in coping strategies will also be examined. We expect that there will be significant gender differences, such that males will utilize more negative and avoidant strategies thus having a greater negative effect on their quality of parenting than females, whom we expect to utilize more positive and active coping strategies.If coping is shown to be a significant moderator of the relationship between stress and parenting quality, this finding could have serious clinical implications. Clinicians would benefit from focusing on improving coping strategies to help parents deal with stressors that spillover into parenting practices. Parents would benefit from utilizing positive rather than coping strategies.
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