Wednesday, April 10, 2019
Legislation and Regulatory Bodies Essay Example for Free
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Tuesday, April 9, 2019
Tragic Hero Macbeth Essay Example for Free
Tragic triggerman Macbeth Essay1. In the Shakespearean tragedy, The Tragedy of Macbeth, Macbeth himself did not come from noble stature, but instead he followed into the line of kingship, and had presented himself with outstanding qualities such as strong abilities out on the battlefield. 2. The hamartia presented in Macbeth resulted in Macbeths witness murder against his good king Duncan, in order to gain power, fame, and fortune for his own pleasure. Macbeth himself had a hubris or pride and passion that he allowed to take everyplace his decisions, leading to his tragic downfall. 3. Macbeths downfall itself was led by his own freewill, overridden by his own arrogant confidence. Proof he had taken done this to himself is said so by Macbeth, I am in blood stepped in so far that, should I wade no more, returning were as tedious as to go oer. (Act III, Scene 4, Line 136-138).4. As the audience, pity was expressed dearly through Macbeths possible and to that degree great human potential, I have lived long enoughand that which should accompany old age, as honor, love, obedience, array of friends, I must not look to have. (Act V, Scene 3, Line 22-26). 5. The first signs of awareness are when Macbeth puts unneurotic the real predictions granted to him by the three apparitions, Let every soldier hew him down a bough and bear it to begin with him. (Act V, Scene 4, Line 4-7). He is then lead to accepting his fate or anagnorisis, right before Macbeth is slain by Macduff, I will not yield, to kiss the ground before young Malcolms feetI throw my warlike shield. Lay on, Macduff. (Act V, Scene 8, Line 27-24). Part cardinalBy using Aristotles definition of a tragic hero, I would conclude that Macbeth is indeed a tragic hero. Macbeths tragic flaw mostly described as his passion, where he would contemplate over and over with his very own reasoning, in which passion overrules all of his humanly common senses this causes an imbalance amongst human reason and passio n thus leading to tragic consequences or rather the heros tragic death.
Sunday, April 7, 2019
Issues - politics Essay Example for Free
Issues political sympathies EssayBoeing is one of the worlds best known manu situationures of aircrafts and so is Northrop Grumman who are the manufacturers of the airbus (Online News Hour, 2008). These are two go brands who are obviously competing in other areas of business and thitherfore any decision that involve them is cargo area back to raise considerable heat. It should b historied that twain are American companies though Northrop Grumman is partly owned by a French smart set.The nature of the contract which involves the security of America as a community is a matter of landal concern as it involves the give wayment of structures that could ensure the growth of security carcasss. Boeing and Grumman being business structures, such a big contract will obviously attract the interest of stakeholders from both sides. There are a number of key issues that postulate been brought out by the air force contracts which embroilMilitary contracts are a matter of cosmo s concern since it is in personate to protect the public, the resources apply in the phalanx contracts are derived from taxpayers and therefore the failure of such projects will be a emaciate of taxpayers money (Meyer, 2007). When McCain questioned the cost effectiveness in leasing planes that would otherwise have no values when their lease point in time was over his motive as the senator of Alabama was to ensure that the taxpayers money is channeled to useful projects.Furthermore, it is quite clear that the politicians have the ability to shoot down potenti totallyy useful deals due(p) to what Northrop Grumman executives refer to as expensive lobbying. governance is not always objective for there are situations where the stakes involved are shielded from the public and though the politics and viewpoints will be developed to suit the public, the real reasons are often ad hominem (Meyer, 2007). The inclusion of politics in such cases therefore has both advantages and disadvan tages and should be weighed carefully.Military procurance mediocre like any other public procurement scheme is prone to corruption, this was the case in the overlord contract that was brought to an end by Rumsfeld in 2006. Moreover, the big money involved in soldiers procurement processes act as a natural catalysts for corruption, therefore there is need to come up with a robust self regulated brasss that will ensure that such unethical practices are not in anyway included in the procurement process, the congress thus comes into the picture (Meyer, 2007).However, the political system is not known for its objectivity. In the cases, well-nigh of the reasons brought out against Northrop Grumman are flimsy and lack in objectivity. The fact that there will be lobbying is a clear sign that there will be loss in objectivity thus the decision will tend to favor groups that are be able to realize passable political support in the congress. Furthermore, the political system is one of the most corrupt system there is and the rationale in placing such a system to guard against corruption is questionable. i.Security Military procurement is a security critical matter (Meyer, 2007).The military is in fanny to ensure that the US is protect against its external enemies (Meyer, 2007). The seriousness with which the equipment tendering process is treated and the keen eye that the media watches the unfolding of such events relay the sizeableness placed on the military by the American people. The US is traditionally a fighting nation and the effectiveness of its military and equipments is one of the factors that has cemented its place as a world power.Military activities require superior levels of secrecy (Meyer, 2007). There is need to come up with effective equipments that can be used in varied situations. It should be noted that the arguments brought forward by the executives from both sides are centered around the transcendence of their products or the weaknesses of their opposite. The need for accuracy and well developed products that have the required reputation are several(prenominal) of the considerations that led to the two big companies making it to the final stage.The two companies are multinationals that have developed their brands all over the globe. It is noteworthy that when the US defense secretary cancels Boeings leases other nations still seek their products and are continues quest the products that have been labeled cost ineffective due to the reputation associated with their brand name. The importance of the security system is seen in the number of avenues and legislative systems that have been put in place to ensure that the process is through with(predicate) in a just manner (Krishnan, 2008).When the airforce declares that Northrop Grumman had won the bid for the airforce tankers, Boeing seeks redress through a different avenue Public accountability office. The office looks at their complaints and decides to freeze the process. It should be noted that it was the same office that had early in the decades frozen a billion dollar Boeing contract due to corruption charges. Even though there are systems put in place to ensure right(a) procedures in procurement of services and services, they can be outdone easily (Krishnan, 2008).The corruption allegations do in the sign Boeing contracts are a clear case where the protocols were overridden and it only came to realization a couple of months after the contracts had been signed. Furthermore, the fact that is was later found out that a different design could meet the specifications made by the airforce with reduced costs clearly show that even though the guidelines are put in place they are rarely noteed thus the need for a system or authority that will follow up on the recommendations and processes to ensure that they conform to the laid out guidelines.Some politicians have argued that the French tie beam of the airbus manufacturer is in itself a secu rity risk and therefore a purely American company should be promise. However, such a contracting systems will obviously lock out other open companies and therefore bring about questions on the integrity of the program line process. America has prided itself as being a liberalized nation, putting up measures that will lock out other qualified members on the basis of the compositions of its endueors is verso to the spirit of liberalization.Furthermore, being involved with a company that has partnered with a success story in atomic number 63 shields the tanker project from American economic downtimes though it effectively ensures that the project is affected by the occurrence in Europe. It is unrealistic to lobby for Boeing on the basis of confidentiality a company that has already shown traces of corruption cannot be trusted and n any can a company that is yet to prove its worth in the military sector.Therefore, system should be put in place to ensure that the projects are monito red and compared to some given standards if either is to be awarded the contract. ii. Stability The US is the father of capitalism and is therefore a country that is characterized by anxious competition between industry players who will always be on the look for additional cash in hand that will ensure their development into the future (Verkuil, 2007). On the day it was reported that Northrop Grumman had won the military contracts its administer prices rose by over 20 cents and Boeings shares fell by a couple of cents (CBS News, 2008).Note, the development in the contract procurement were being watched by investors who will then make their decisions on which company to invest in. Even though the large money involved in the transactions may be enough to lure investors into channeling their resources to a particular company, the reputation involved in being a company contracted with one of the worlds best airforce to develop its aircraft tankers is enough to cause significant chang es in the companys share index. beingness a capitalistic economy where entities gain at the expense of others, Boeing is bound to feel the pinch.The situation is made worse by the consideration that Boeing has a well developed reputation and therefore failure to promote a contract from a partner that it has associated with for a long time may be interpreted by the investors and its consumers in the wrong light. It may imply that the partner does not trust its capacity to develop superiors products or has doubts on its potential to remain productive. To bring the idea of reputation into perspective, legion(predicate) are of the opinion that the corruptions charges brought against Boeing may have affected its chances of successfully bidding for the contract (Verkuil, 2007).This holds considerable weight in that the military is not all about facilities but also reputation. The American people and its enemies will always keep a keen eye on the military and any transactions conducted with a partner who is proven to be corrupt will dent on its integrity thus its reputation. Conclusion Awarding a contract to a company to deliver services that are of public interest is a coordination compound process and will always involve the media and many other systems that have been put in place to ensure the safety of the public.Individual good and interest will always be central in the arguments brought forward by most people, this is more pronounced if the contract will significantly affect many people. It is therefore upon the government and the social systems to ensure that the systems put in place to ensure effectiveness of the bidding process are functioning properly and are robust enough to deal with the dynamism associated with such processes. If need be, changes must be instituted to ensure that the system are functioning.The products delivered must measure up to some predetermined standards to ensure quality and accountability. These measures and other quality man agement measures if well integrated into the bidding and execution of contracts that are of public interest will ensure that the public benefits in the best possible way. interchange Count 3271 ,Reference List CBS News (2008). Boeing Spurned On Huge Air Force Contract. Retrieved 13 October 2008 from http//www.cbsnews. com/stories/2008/02/29/business/main3894669. shtml? source=RSSattr=Business_3894669 Krishnan, A. (2008). War as Business Technological Change and Military Service Contracting. Aldershot Ashgate Publishing, Ltd. Meyer, J. (2007). functional in a War Zone Military Contractors. New York The Rosen Publishing Group. Online News Hour (2008). Boeing, Northrop Grumman impact Over Tanker Contract.Retrieved 13 October 2008 from http//www. pbs.org/newshour/bb/military/jan-june08/tanker_05-06. html. United States Government Accountability Office (2008). Statement Regarding the take in Protest Decision Resolving the Aerial Refueling Tanker Protest by The Boeing Company. Retrie ved 13 October 2008 from http//www. governmentexecutive. com/pdfs/061808cd1. pdf Verkuil, R. (2007). Outsourcing sovereignty Why Privatization of Government Functions Threatens Democracy and what We Can Do about it. New York Cambridge University Press.
The biblical banners Essay Example for Free
The scriptural banners EssayIn this New York Times article, In Texas, a Legal Battle Over Biblical Banners, Manny Fernandez, a subway reporter, argues whether biblical banners should be allowed or banned due to the law. He develops the claim by first providing lucubrate ab break how Mr. Weldons community got enraged. Then he provides information saying Weldon banned the biblical banners out of concern that the signs were unlawful and amounted to school sanctioned religious expression. Towards the end, Fernandez points out that the case centers on whether the banners amount to undercover speech protected by state and federal law or government sponsored speech that burn down be regulated and censored. Fernandezs purpose is to answer the commentators question about biblical banners and if the should be allowed in order to educate the public and provide knowledge about the situation at hand. He establishes an informative tone for concerned citizens who may want or be against bi blical banners.Fernandez provides the reader with facts and statistics, for example in paragraph 4, the district received a letter from the Freedom From Religion Foundation, a Wisconsin based group of atheists and agnostics. The effect of such details serves to lend credibility to the authors assertions since it is impossible to argue with the facts. In addition, negative diction in paragraph 7 conveys a negative liveliness towards the banners and the marquee outside a church. Finally, the lend oneself of biblical allusions throughout the article is used to defend the use of biblical banners. This work is significant because it challenges and reminds us all to be aware of aberrant issues regarding biblical banners.
Saturday, April 6, 2019
Finance 3301 questions Essay Example for Free
Finance 3301 questions EssayBroussard Skateboards sales are expected to amplify by 15% from $8 million in 2012 to $9. 2 million in 2013. Its assets totaled $5 million at the end of 2012. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2012, current liabilities were $1. 4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit circumference is forecasted to be 6%, and the forecasted payout ratio is 40%.Use the AFN equation to forecast Brous- sards additional funds needed for the coming year. Required increase in assets maturation in spontaneous liabilities Increase in retained earnings = AFN AFN=($5/$8)*$1. 2 ($1. 4/$8)*$1. 2-$9. 2*6%*(1-40%)=0. 75 0. 21 0. 33=21% Chapter 10 Tony Companys balance sheet shows $300 million in debt, $50 million in preferred stock, and $250 million in total common equity. Tony Companys tax rate is 40%, rd = 6%,rPS =5%,andrs =10%.If Tony Company get capital anatomical structure of 30% debt, 5% preferred stock, and 65% common stock, what is its WACC? Wd=30% Wps=5% Ws=65% WACC=Wd*rd*(1-T)+Wps*rps+ws*rs=30%*6%(1-40%)+5%*5%+65%*10%=0. 0108+0. 000125+0. 065=7. 59% What kinds of the T-bonds is the best proxy for the risk-free rate is the number on? Answer A A, long-term B, short-term C, No one Chapter 11 A gild creates value when the spread between EROIC and WACC is positivethat is, when Answer B A, EROIC ? WACC = 0 B, EROIC ? WACC 0 C, EROIC ? WACC
Friday, April 5, 2019
Role Of The Nurse In Safe Administration Of Oral Medication Nursing Essay
Role Of The Nurse In near Administration Of Oral Medication Nursing EssayAdministration of medicines to adults who ar physically ill or injured is part of the adult nurses responsibility to provide holistic cargon and promote health (Veitch Christie 2007). Medicines are manufactured in several forms and can be administered by different routes. According to the form of the medicines at that place are different requirements and equipment for their garbage disposal and storage (Burton and Donaldson 2007). This essay will focus on the administration of oral exam medicines, the standards and the legal requirements for their safe administration. The essay will in both case look at areas where problems are most potential to arise and will describe the measures which nurses can take to ensure affected roles safety when administering oral medicines.The National patient role Safety Agency (NPSA) defines patient safety as a process which involves identification, analysis and way of risks and incidents, including medication errors so potential or actual harm to patients can be prevented or minimised. Medication errors extradite a significant concern on patients, their families and health professionals involved. They can compromise patients safety and result in actual harm to patients. A total of 72,482 medication errors of which 14,111 caused harm of various extents to patients and 37 resulted in dying were reported to the NPSA (2009) in one year. The same report showed that nearly half of the incidents were concerned with administration of medicines. some other report by the Department of Health (2004) estimated the cost of medication errors in NHS hospitals between 200-400 million per year. therefrom it is vital that nurses adopt safe, methodical and skilled accession to administration of medicines.LEGALThe management of all medicines in the United Kingdom is governed by several legislations, the Standards for Medicine Management (2008) and the Standard s of conduct, performance and ethics issued by the NMC (2008). The Standards define the nurses responsibilities in relation to the current UK legislations. Burton Donaldson (2007) summarise these legislations in the latest edition of the Foundations for Nursing Practice. The Medicines Act (1968) regulates the requirements by which medicines are manufactured, prescribed and administered. The Medicines Act (1968) also classifies medicines into four categories which are Prescription single medicines (POMs), Pharmacy only medicines (Ps), General sales medicines (GSLs) and Control drugs (CDs).The Misuse of Drugs Act (1971) and the Misuse of Drugs Regulations (1985) provide the legal framework for the management of the controlled drugs and differentiate medicines according to the level of harm they may cause. The psychogenic Capacity Act (2005) provides the foundations for care manner of speaking including medicine administration to people who lack the efficiency to make informed de cisions. For Scotland these foundations are contained within The Mental Health (Care and Treatment) (Scotland) Act (2003) and The Adults with Incapacity (Scotland) Act (2000). These regulations are in place to assist and guide nurses and are fundamental in protecting patient safety. Anex1 of the Standards for Medicine Management (NMC 2008) specifies the nurses responsibility to comply with these regulations.However the administration of medication is not solely a mechanistic task to be performed and requires more than just following written instructions (NMC 2004). In respect to oral medicines and their administration the nurse should take a someone centred approach and assess and assist each patient individually according to patients general condition. Kelly and Wright (2009) draw upkeep on the high number of medication administration errors in patients with swallowing difficulties, where physiological abnormalities can lead to difficulties in swallowing of liquids or tablets. Gr iffith (2005) suggests that alternative form of medicines should be considered if patients have difficulties swallowing tablets. The nurses responsibility in this respect is to perform the initial and ongoing assessment of patients condition to establish the suitability of certain type of oral medicine and the ability of the patient to take this medicine (NMC 2008).Physical or mental health conditions could also have an impact on the medication compliance by patients leading to crushing, mixing or disguising medicines in food or drink (Kelly Wright 2009). The Department of Health (2010) and The National Prescribing Centre (2010) outline the parameters and principles for safe mixing of medicines and the nurses role in this relation. Following these principles when nurses consider mixing of medicines they should always act in line with local policies, consult a pharmacist and obtain written instructions and also obtain consent from patients.Crushing and mixing of medicines without a elaborated assessment and justification could present safety risks for patients and nurses (Paparella 2010) because of their chemical formulations. Examples of these are the enteric coated tablets, delay released formulations and products containing carcinogenic substances. Crushing or splitting of these medicines may lead to undesirable effects for example unplanned rapid absorption. Griffith (2005) points out the legal consequences of crushing tablets. If crushing of oral formulation results in harm for the patient the nurse responsible will be liable for negligence. Paparella (2010) suggests simple steps such as careful consideration whether a tablet is safe to crush and consultations with pharmacist could significantly minimise the risk for patients and nurses. It is also essential that nurses have a sufficient level of knowledge of how medicines interact with the human body in order to be able to observe if they achieve the desired therapeutic effect and to avoid any adverse reactions (NMC 2008).Covert administration of medicines represents not only safety risks to patients but also has legal and honorable aspects which nurses have to consider before making a decision for such action (Griffith 2007).Although most of the nurses do not prescribe medicines it has been found that the administration of a wrong window glass of medicine causes the largest number of deaths and skillful harm to patients, followed by the administration of wrong medicine and omitted or delayed medicine (NPSA 2009). Subsequently, administering wrong dose of medicines has been linked to poor mathematical skills (Pentin Smith 2010). The nurses responsibility in connection with administering correct doses of oral medicines is defined in the Standards for medicine administration (NMC 2008) which states the nurses must be aware of the patients care plan, check prescription and back breaker before administering medicines.Administering of a wrong oral medicine is often associated wit h similar medicine or patient names, packaging, labelling or poor storage systems (NPSA 2009). This is particularly common issue in nursing and care homes where no wrist bands for identification are used (Pountney 2010).CONCLUSIONSafe administration of medicines requires a methodical approach that follows local policies (Burton,C Donaldson,J 2007).
Thursday, April 4, 2019
Organizational Development Change Management of UCS
Organizational study Change Management of UCSThe aspire of this paper is to choose an composition and prepare the first section of a detailed Organizational development Proposal. Sectin 1., consist of describing the chosen makeup in terms of capital purpose, location(s) and size, mission and vision, history as rise up as the internal and outdoor(a) conditions in which the organization operates. Addition solelyy, this paper volition conduct an internal and outer abstract of the organization in terms of dealncies and matchedness by the use of relevant comp death tools. atom 1 Organizational SettingName of the CompanyUniversal Consulting Services, Inc. (UCS)Primary PurposeAccording to Bloomberg (2017) teleph whiz line profiles, UCS, Inc. provides rail line and in general anatomyation technology (IT) consulting operate for authorities and industry. It offers consulting services, in areas much(prenominal) as federal attainment that includes contract close-out, wide a rea workflow program aid, and standard procurement system program support services. It also provides enterprise IT solutions, such as customizable solutions, requirements design and increment, testing and evaluation, implementation and training, and help desk and production assistance, as well as system integration, development, and architecture. Additional services include program management, project management consultatory services, financial analysis and services, and administrative support for government agencies. Its invitees include incision of Defense, such as tell of the Navy, Department of the Army, and other defense agencies as well as federal civilian agencies, including Department of Treasury, Department of Homeland Security, Department of Justice, Department of Veterans Affairs, and Peace Corps.Location(s) and SizeUCS is headquartered out of Fairfax, Virginia with a satellite office in Frederick, Maryland. The companionship currently has 265 employees with the ma jority of the employee working in the working capital, D.C. metro area, and multiple other States across the country, how-do-you-do and overseas in Japan and Spain (Ascentis UCS, 2017). UCS has experienced a ternary year growth of 43% with a reported 2015 revenue of $48.3 million (INC. 5000, 2017)Mission and Vision Mission. According to Universal Consulting Services, Inc.swebsite (2017) their mission is as follows Launched in 2000 by a couple with a vision, UCS has evolved into a robust health and IT service provider fortify with a solid reputation for quality and core capabilities rangeed with the Governments requirements. Since our founding, we have prided ourselves on employing smart lot who give their outperform to the customers we serve by creating smart solutions that save the Government time, money, and stress. The industry has recognized our services by awarding us with CMMI Level 3, ISO 9001, ISO 20000, and ISO 27001 certifications all of which underscore the qualit y, ingenuity, and reliability of both our services and our people. In that vein, our goal is to deliver mod solutions that enable our Government clients to transform their missions into reality.Vision. According to Universal Consulting Services, Inc.s website (2017) their vision is as followsOur vision is to be a top disgrace name for federal consulting services thats known for our people- guiden culture, innovative perspective, and results-oriented mind get along. We willBe an agent of change for our customers by combining forward-thinking technology with practical problem solving, lastly creating a distinct, lasting improvement in our customers performance.Empower our employees to develop their unique strengths, build strong teams, and con broaden a tangible have-to doe with on the take onion of both the company and our customers.Develop a brand that continues to catapult our company to the top of our industry, achieved through winning large, complex opportunities.History UCS is a woman own business that was founded in 2000 by Mrs. Charu Dhumne and her husband Abhijit Dhumne with the mission of be coming a passing professional and certain(p) provider of business and technology solutions to the government and industry. Until 2015 UCS was a registered 8(a), minority owned, small disadvantaged business. In 2015 they calibrated the minuscular Business Administrations (SBA) advantage program and now compete outside of the SBA programs. The 8(a) program offers a grand scope of assistance to firms that are owned and controlled at least 51% by socially and economically disadvantaged individuals and allows participants to receive sole-source contracts up to a ceiling of $4 million for goods and services and $6.5 million for manufacturing (U.S. short Business Administration, 2017). The majority of UCS growth was realized under this program. UCS has consistently developed their quality programs and currently suffer certifications for ISO 9001-2008, ISO 20000, ISO 27001 and CMMI Level 3 DEV.Conditions in Which the Organization OperatesExternal. UCS currently operates as a mid-sized government consulting firm with limited to no protection or advantages afforded them as an 8(a) small, disadvantaged business which allowed them to receive direct contract wards without having to compete for them. The completion of the 8(a) has placed parvenu economic challenges on the company in that they must now openly compete for work, or partner/subcontract with other small businesses under small business development programs, to gain naked work or to go for current work as a re-award. macrocosm located in the Washington D.C. metro area places even wideer challenges as it is a highly competitive market for government contractors not just for work, but recruiting endowment fund as well. This is in part due to higher wages and competitive benefits for highly sought after skill sets.Internal. UCS is grammatical constructiond as a typical functional o rganization which is one of the most common of the organizational structures (Galbraith, 2014) and are set up so that sections of the organization are grouped according to their purpose. Galbraith (2014) discusses how under this type of organizational structure companies divide out into sections and may for example, have a marketing department, a sales department and a production department. UCS is organized by functional and support areas. Under the support areas there is Operations (Administration, homo Resources, IT Management, Security, Facilities Management, and Contracts Management) Finance (Accounting and Payroll) and Business increase (Proposal Management, Graphics, and Marketing). The functional areas consists of client services grouped into Enterprise IT Services (Systems engineering science and Application Development, System Implementation, System Integration, Infrastructure and Operations, and Information Assurance and Security Compliance) and Health Services and So lutions (Strategic Development and Performance Improvement, Advisory and Assistance Services, Portfolio and Program Management, Biomedical Services, Clinical Research and Development, and Health IT and Informatics. The structure is fairly straight forward and is a structure that works very well for many small to average sized businesses (Galbraith, 2014).The senior leadership is comprised of the President, CEO, executive director Vice President, one support Vice President and three functional Vice Presidents. The culture is one of small business (family) but has recently been feeling the strain of growth and unclear guidance with the appointment of a new Executive Vice President. The workforce is one of diversity in characteristics and talents. The average age of the workforce is 32 (Ascentis UCS, 2017), of which the majority are located on client sites.Internal and External AnalysisAccording to Burk (2014), in order for leadership to pick up problems or issues impacting the or ganization they must understand the environment in which they operate and be able to analyze areas of strengths and weaknesses. superior leadership and management teams must then determine how to respond to what the environment is telling them and how to establish a more effective alignment for their organization which female genitals allow them to maintain or gain competitive advantages (Burk, 2014).External. One of the tools often used to provide such an analysis is one developed by Michael E. ostiary of Harvard Business School, called Porters Five Forces of agonistic Position Analysis. It was developed in 1979 as a simple example for assessing and evaluating the external environment by focusing on the competitive strength and position of a business organization (Grundy, 2006). Grundy (2006) states that Porters theory proposes that there are louvre forces which determine the competitiveness of an organization by lot to determine the strengths of an organization and their c urrent competitive position. Identifying strengths of an organization may then be used to align the organization to its current direction or move in new directions. Analysts often use Porters five forces to predict whether a new product or service will be profitable and to identify areas to improve weaknesses and to avoid mistakes (Porter, 1980). The justification for the use of this tool is that it provides an free to understand method of analyzing some of the biggest areas of external impact on virtually any organization. According to Porter (1980) the five forces to analyze are holy terror of new entry This is an analysis of new entrants to the market that may dilute the customer base and eat into profitability. It also looks at the organizations durable barriers to entry like patents, cost of entry, and external factors like government regulations and policies, all of which tolerate impact profitability.Supplier power an assessment of how easy it is for suppliers to drive up prices. This back be driven by the number of suppliers for each product, the number of suppliers in an area, the size of the supplier, the uniqueness of their product or service, or even the cost associated with changing from one supplier to another.Buyer power an assessment of how easy it is for buyers to drive prices down. Key factors here are the number of buyers in the market or area that tush dictate terms, the relevant importance of the buyer to the organization, the cost to the buyer associated with changing from one supplier to another. belligerent rivalry This is an analysis of the number and capability of competitors in the market to determine how many competitors are fling the same products and services and their strength which could reduce market pull outiveness to the product or service organism offered.Threat of substitute This is an analysis of products or services that exist in a market that may be close to what the organization is offering, thereby increasing th e ability of customers switching to alternative sources in reaction to a price increase. This reduces both the power of suppliers and the attractiveness of the market.Applying Porters five forces technique to UCS would yield the succeeding(a) analysisThreat of new entry Given the market and location in which UCS operates (government contracting in the Washington D.C. area) there is constant threat of new entries to the market. These new entries have relatively low barriers in the form of cost due the service nature of the business. Most new start-ups begin by offering their ad hominem knowledge and skills. Additionally, new entries to the market discharge most often take advantage of SBA assistant opportunities in helping to succeed in the market. The strongest barrier benefiting established companies is the bureaucracy (time it takes) associated with establishing/registering for certain credentials such as 8(a), Veteran Owned, Service Disabled Veteran Owned, obtaining and meetin g security clearance requirements etc. Additionally, it takes time for new entries to build a reputation and past performances in order to expand their services.Supplier power Suppliers abilities to drive up prices are relatively negligible in that the buyer drives the market more so than the supplier. However, that macrocosm said there are certain niche areas in the market such as the newest and hottest programme and development skills that the buyer is looking for and only specific competitors or individuals have, coupled with security clearance requirements, that can in fact drive up prices for talent and drive competitive recruiting/bidding wars for the individual talent to offer to the client.Buyer power the primary client for UCS is the U.S. Government and as such is subject to uttermost(a) scrutiny in pricing as well as performance. Pricing is based on what the client/buyer determines to be fair and reasonable for the services requested. This accomplished through what is k nown as autarkical Government Estimates and level of effort of services being requested. All of which are dependent upon the governments budget and funding levels that are being made available for the requirement. Additionally, the procurement strategy can also have an impact on the pricing (i.e. is the government looking for lowest price for technically acceptable bids or for best value of services based on what they receive for the amount bid).Competitive rivalry For UCS this one of the primary concerns. The number and capability of competitors in the market are vast. Given that UCS is no longer under a SBA small business advantage program they must now compete with globally recognized companies such as Deloitte, Booz Allen, Northrop Grumman, CACI and more, all of which are offering the same services and have significant resources and brand acknowledgement not just to the clients but to potential talent as well.Threat of substitution Threat of substitution for UCS is significa nt due to the buyers ability to determine the procurement strategy and the requirements to assist small businesses in receiving government contracts. As such, the buyer could choose to accept a company that is technically acceptable but not as capable or proven as UCS in order to comply with the procurement strategy and check off their requirement to provide work to small disadvantaged businesses. Basically substitute a lesser qualified competitor in order to demonstrate adherence to procurement guidelines.Internal. My preferredmethod of analysis would be targeted surveys to collect data on areas where we are strong, weak or perceived threats. Burk (2014) discusses how psychologists have long relied on questionnaires for data collection, diagnosis and assessment of various studies. He goes on to discuss how leadership and Organizational Development are also leveraging this tool for data collection and has spawned what is known as the Organizational canvass Feedback Method. He also noted that when discussed the survey results with subordinates, particularly through group discussion, positive change typically occurred. The justification for use of this method is that it is a low cost, simple to use, customizable method of collecting a great deal of information. Additionally, once a survey is sent out, it sets an expectation and a responsibility within the organization for follow-up actions.However, for the purposes of this paper, it would be virtually impossible to conduct an organizational survey in time, so instead I would recommend getting much of the same data through the use of a fancy up analysis. Bradt and Davis (2014) discuss a SWOT analysis as a tool used to analyze the Strengths, Weaknesses, Opportunities, and Threats complex in a project, product or service venture, or the organization as a whole. It analysis the internal and external factors that can impact the objective being analyzed. A SWOT analysis can be used to help understand the factors t hat drive or hinder success in an organization and helps to think through potential scenarios to complete the question of so what? and set up the actions of now what? (Bradt Davis, 2014). This in turn can help get members aligned with the organizations vision and strategy and has been often used in executive brainstorming sessions.For UCS the SWOT Analysis must first define a desired end state or objective and in this case it would be to position itself to compete in a larger pool of competitors. The following will provide the basic analysis criteria as interpreted from Bradt and Davis (2014) and then followed by the specific UCS application.Strengths These are characteristics of the business, team or individual members that give it an advantage over others in the industry. In the case of UCS the following would turn inYoung energetic and dedicated workforce demographic.Ability to attract hard to find skill-sets.More organizationally flexible and able to adapt to change quickly.Fo cus on low overhead expenses allowing for better rates.Weaknesses These are characteristics that place the firm at a disadvantage as compared to others and can include those found in business, team or individual. In the case of UCS the following would applyWeakened communications from senior leaders.Inexperienced member in top leadership position.Lack of strategic focus on NEW clients outside of current client base.The start of disharmony among other senior leaders.Too much focus on biggest client which detracts from the many other clients.Fear of dedicating resources to potential new opportunities.Hyper-focus on reducing already good overhead costs, to the possible detriment of losing talent.Opportunities These are external chances that can make greater sales or profits, improve market position or stakeholder perception. This can be applied to external from the team, business objective or members. In the case of UCS the following would apply single-valued function of senior busines s development leaders talents to open new doors outside of current client base. entrust more on experienced leaderships input to accomplish strategies and change.Be less risk aversive in going after new market segments.Threats These are external elements in the environment that could cause flap for the business. This can be applied to external from the team, business objective or members. In the case of UCS the following would applyHyper-focus of overhead cost reduction policy of making overhead personnel billable.Up and coming companies participating in the SBA small and disadvantaged business programs that can redirect contracts UCS is going after to direct (non-competitive awards to the smaller companies.Employee dis-satisfaction that can result in a damaged reputation thereby impacting recruiting and retention.Summary of Analysis. check up on of the external and internal factors impacting UCS show that the company faces its greatest challenges from external forces and should b e concerned with the new field of operations of competition it finds itself in. The loss of the SBA advantage programs significantly impacts the ability to gain new work or retain re-awards without a strong strategy to overcome the barriers it now faces. From the internal perspective UCS has some considerable strengths to leverage in its talented workforce, predominantly experienced leadership and ability to adapt to change. In its new highly competitive environment its ability to be lean and control overhead cost is an advantage and will allow them to be more competitive in pricing. However, while controlling cost is a strength, it can also be a weakness if cost reductions are at the risk of reputation, comfort and government agency of employees, and the ability to attract and retain the needed skills. Additionally, companies must grow and achieve new heights through controlled risk. By being overly risk adverse in order to conserve resources, a company may end up moving backward s instead of forwards.ReferencesAscentis UCS (2017). Human Resources Automated Information System. Retrieved from https//selfservice2.ascentis.com/UCS/STS/signin.aspx?c=UCSBloomberg.com. (2017). Universal Consulting Services, Inc. Private Company Information Bloomberg. Retrieved March 24, 2017, from http//www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=108719433Bradt, G. B., Davis, G. (2014). First-Time Leader Foundational Tools for Inspiring and modify Your New Team (1). Somerset, US John Wiley Sons, Incorporated. Retrieved from http//www.ebrary.com.libproxy.edmc.eduBurke, W. W. (2014). Organization Change Theory and Practice, 4th Edition. Argosy University. Retrieved from https//digitalbookshelf.argosy.edu//books/9781452257242/Galbraith, J. R. (2014). Designing Organizations An Executive Guide to Strategy, Structure, and Process (3). Somerset, US Jossey-Bass. Retrieved from http//www.ebrary.com.libproxy.edmc.eduGrundy, T. (2006). Rethinking and reinventing Mic hael Porters five forces model. Strategic Change, 15(5), 213-229. doi10.1002/jsc.764INC. 5000. (2017). Universal Consulting Services Fairfax, VA. Retrieved from http//www.inc.com/profile/universal-consulting-services?cid=full500016-list-1455Porter, M. E. (1980). Competitive strategy Techniques for analyzing industries and competitors. New York Free Press.U.S. Small Business Administration. (2017). About the 8(a) Business Development Program The U.S. Small Business Administration SBA.gov. Retrieved March 24, 2017, from https//www.sba.gov/contracting/government-contracting-programs/8a-business-development-program/about-8a-business-development-programUniversal Consulting Service, Inc. (2017). Homepage. Retrieved March 24, 2017, from https//ucs-inc.com/
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