British Aerospace Company

To document operational impact base on currently implemented strategies and show say-so effects if abided found on thinked data results by a financial model. Parties Parties Involves BAE Systems Board of Directors and the chore Consultant (Students Name). Methods and Processes A review of the companys background information that has led to the scheme proposal and presentation of forecasted financial data by the use of financial models. Outputs/Deliverables BAE Systems will have a clear understanding of its current financial limit and may reconsider the consultants recommended go on on strategy.Time Frame The final embrace shall be submitted to BAE Systems Board of Directors by May 9 2019. terms Estimate Still negotiable based on the approval and implementation of the proposed strategy. 2) Executive summary The pay off for this report is to study the strategies implemented by BAE Systems during the last postinging year. BAE Systems with its 106,000 employees worldwide del ivers a full snip of products and services for air, land and naval forces, as well as advanced electronics, security, Information technology solutions and node support services (BAE Systems 2010).With the application of the companys annual report for 2009 this study will break apart by comparing its strategies to a cleanly proposed one by showing financial projections using military rank models. 3) Proposition of a new strategy for BAE Systems The Aerospace and Global self-abnegation industry can be considered an exceedingly cyclical. As seen on annual reports of the companies be douring to this industry year to year tax income figures can hesitate dramatically (Brylawski 1995).And currently this industry have also its share of intense competition, challenges on meeting disposal regulations and securing large vindication contracts. Currently, BAE systems is the largest aerospace and global defence contractors in the world (West 2010). Operating as a grouping in seven hom e markets with a wide portfolio of products and capabilities serving defence customers across the air, land and sea domains (BAE Systems 20105). But based on its Annual report on the previous fiscal year, it posted a net loss of ?45 million (see concomitant 2 Group Income Statement), despite the annual taxation of ? 22. 4 billion and the underlying operating income of ? 982 million. The loss was mainly due to regulation penalties incurred during that fiscal year. This report is to provide a strategy that would ensure positivity on years to come given the irritability of the industry of BAE systems and the effects of inflation (which rose from 2. 9% to 3. 5% in 2009). Strategy taking into account methods to raise gross, cost reduction and effective corporate governance would be recommended. 3.1 General competitive position of BAE Systems On the group current strategy based on its vision in which to be the postmortem examination global defence, security and aerospace company a nd mission to remain to deliver sustainable growth in shareowner value through a commitment to Total Performance (BAE Systems 201014). The current focus of strategy is emplacement to optimise progress the argumentation in the current environment, the Group Strategic Frame unravel continues to develop to bang against the strategic objectives, and to toweringlight the Groups focus on delivery and performance (BAE Systems 201014).This strategy has worked effectively during all the acquisitions and disposals transacted from the year 200 to 2009. For the group/department of BAE systems the Electronics, Intelligence & Support, the acquisition on the year 2000 of twain former Lockheed Martin businesses, Control Systems and Aerospace Electronics Systems, have made BAE and the group the world draw in digital railway locomotive controls, flight controls and electronic warfare solutions.For the Land & Armaments group, another key strategy of acquisition that has open a global land sy stems business was implemented on years 2004, 2005 and 2007, when the company acquired Alvis, United Defense and fit out Holdings respectively. For the Programmes & Support Division, another key acquisition that has provided adit to government security business was done in 2008, when the company have finally acquired Detica and together with the acquisition of VT Groups shipbuilding business has shape up strengthened the Groups global maritime business (BAE Systems 201016).And lastly for the international sector BAE as a group has become Australias largest defence contractor primarily due to the acquisition of Tenix Defence in 2008 (Smith & Frost 2008). According to the firms most current Annual report total sales revenue is at ? 22. 4 billion (see Table 1) an increase of 21% from 2008 numbers, operating income at ? 982 million (see extension 2 Group Income Statement), total assets listed at ? 25. 4 billion and total equity at ? 4. 7 billion (2009).Table 1 show the percentage of Sales generated by each group under the BAE Systems in 2009 Source extracted from the Annual Report 2009. Using the Porters five forces analysis, we can derive a strategy outlining the major forces in Aerospace & Global Defence Industry. Bargaining Power of Suppliers BAE Systems has a wide regulate of suppliers for both large and small companies, thus if decided to switch costs is not an issue, as long it can find a better supplier that can match technological capability to customer requirements.Currently BAE systems apply SBAC 21st Century Supply Chain Programme SC21 tools and techniques for operational performance management and the tiered approach to supplier management (BAE Systems 2010). There are some areas of takings for BAE like the creation of paladin aircrafts in which its suppliers are usually concentrated and has strong labor unions, but again due to diversity of the overall business operations of BAE the assessment of this supplier supply can be considered at medi um risk.Threat of Substitutes BAE systems is aware of its competitors ability to provide other accompaniment weaponry to its customers, but not every competitor can offer in-house equipment and production quality that BAE can actually deliver. The panic of substitute can be considered medium, because there is still the existence of low priced but relatively competitive ordnance and weapons companies in the aerospace industry. Bargaining Power of BuyersThe power of buyers describes the effect that the firms customers have on the profitability of BAE overall. Even though based in the UK, BAEs main buyers are in the US. BAEs US subsidiary alone has accounted for 58. 5% of total group sales (West 2010). The US Government in defence is by large have a lot of economic power and because of this the buyers power can be considered high due to the challenge of capturing a high proportion of the value created is reduced.BAEs large buyers have significant leverage to negotiate lower prices b ecause of the threat of losing a buyer that accounts for more than a half of total sales revenue, BAE is on a weak position. Threat of New Entrants The threat of new entrants for BAE can be considered low, due to the Aerospace and defence large capital requirements, customers strike off loyalty, government regulations, economies of scale unique products and BAEs wide range access to inputs for continuous production.If a new firm decides to enter the market, in order to just compete with the wide range of products and services be currently available for BAE, the former demand to undertake a massive an expensive campaign for trade just to introduce their products, and the challenge is also the effectively of this marketing campaign since BAE systems have already established a strong brand identity in arms industry.BAE has also the advantage of an advanced production system with key access to inputs, which a new firm may be overwhelmed to know that in order to be at par with the e xisting firms it has to have an outstanding production system with access to key inputs as well. Rivalry among Existing Competitors Among the other forces of this critical framework, the rivalry among BAEs competitors is quite high. study competitors globally by BAE are EADS from France, Raytheon from the US, Lockheed Martin and Boeing also from the US, and from the UK Rolls-Royce.Majority of these companies have posted significant high sales revenue for the fiscal year period of 2009, and they also continue to consolidate to remain competitive. Becoming the market leader has been the main goal of all players in the Aerospace and Global defence industry, and with government budget cuts (Wachman 2010), especially in the US, competition on securing large contracts have never been intense. Overall cost of production is significantly high in this field, firms may tend to overproduce and reduce prices to sell more.3. 2 Strategy recommendation BAE needs to be aware of its Book value and its total earnings, especially on depreciating assets. The strategy recommended, is to continue to acquire financially stable companies to add key improvements to the group, this is just one way to reflect a high closing book value, and dispose or sell, non performing divisions of the group. The BAE group should create a invention to maximize shareholders value by buying back their market shares by allocating an allow for portion of their capital.And due to lack of future contracts, they may opt to cut a portion of their work force just to drive down costs and focus the need to drive efficiencies across the business and the continued development of four global initiatives Land, Security, Readiness & Sustainment and Unmanned Aircraft Systems. 3. 3 Financial forecast To be able to compare and contrast the current and the proposed strategy, financial projection will be employed, to summary key differences and possible improvements for the Board of Directors for BAE System, and base their decision on its results. 3. 3. 1 Financial forecast based on current strategyUsing the residual Income and Dividend Valuation Models, we can forecast the 5 year financial projections based on the current strategy, all of the necessary inputs are available in the Balance Sheet of BAE systems (see Appendix 3) except for the Ke (Cost of Equity) in which we will compute as follows. Ke = 17. 6p (projected dividends next year with 10% value projection) + 0. 10 330. 30 GBX ( source current FT Market data) Ke (Cost of Equity) = is valued at . 15 or 15%. Now we can compute for BAE Systems residual income using data we already have. On Table 3 we can see each individual outputs in millions of ?.

Mcminn 4mat

Psychology, Theology, and Spirituality in Christian Counseling Sondra Rule Liberty University Summary The author of this hash turn upion Mark McMinn explains how psychology, theology, and spiritualty jackpot all be compound into Christian room. He discusses the difference betwixt the three overlapping principles. He wrote this induce got especially for Christian guidances, pastors, as well as students so that they may clearly understand the meaning of the three principles, allowing them to apply it to anyday problems.The main question this book poses to answer is, How does a Christian counselor conflate their faith into a advise posing in a way that target be beneficial to their clients. He discusses the problems that counselors and clients face in a advocate session and ways to improve them. Some of the ways he mentioned to improve counseling sessions were prayer, scripture, the effects of vice confession, forgiveness, and redemption. This book main purpose is to assist the counselor in integrating the three categories. He feels that if a counselor laughingstock master this, then they will be able to give their clients the precise outflank services.The most important thing to realize is that this process will not be easy for the counselor or the client but, if done right it so-and-so be very rewarding for them both. The author starts the book by describing some of the challenges that Christian counselors encounter while trying to integrate psychology and spiritualism. He explains how spirituality is different from psychology and theology by breaking it down into a simple statement, We rotter live on more than or less competent in the spiritual disciplines, training ourselves to experience God more fully, but we can never be spiritually competent. (McMinn 2011, p. 11). He goes on to describe psychology, theology, and spirituality, how they be standardised and different. His explanations are put in a way that is easy to understand, he overly gives examples of how they can be applied to real life situations. He talks closely the importance of scripture and how it can be very beneficial in a counseling session. However he does stress that clients can just be truly changed by scripture if they can carry it on outside their sessions, and make it isolated of real life. Even hough it can be help oneselfful to some it is not something that can be employ with every client, it is up to the therapist to cut what is best for every client. He also talks or so the power of prayer. He discusses the different types of prayers and also the different situations in which each prayer is to be used. He also lets us know that prayer may not be for every client so it may not be the right technique to use in some those therapy sessions. McMinn (2011), goes on to discuss sin and the importance of looking at in with a theological perspective.If the counselor is able to press the client to really understand their sin, they can then get to a point of forgiveness. The therapist can help the client get in the best position possible to accomplish forgiveness, but it is up to the client to actually forgive themselves for their sins. The author also discusses the subject of redemption and how it can be complete in different therapy models such as object relations, cognitive, and Adlerian. This was a interesting and informative book.This book was wrote to help Christians integrate spirituality into a counseling session, and to let counselors know that they cant just act one way in the move outice, they have to carry their spirituality outside their sessions. It is just as important for the client to know that the counselor is behaving the same way outside the office as they do when they are around. He also discussed how some counselors would like to help clients through the use of Christ, but they dont know how. The author shows how to help clients by using examples of everyday life situations.This book is a good way to help Christians add to their friendship about Christ because their are times when we become stagnant in our growth with Christ. He includes practices for every Christian, the client, as well as the patients and the benefits for each one. McMinn 2011, lets us know that spirituality and psychology have to be used together in ball club for us to have a precise sense of self, accurate awareness of privation, and healing descents. Concrete Responses After reading this book , I mostly thought about how I first integrated my faith with my someoneal relationships.I have been Christian for a couple of long time now, but every person I get close to or friend I have are not all Christian. Therefore, I had to learn how to not let their habits influence me with what I do and say. I have friends that smoke, get drunk, curse, and many other things that I find not to be Christian behavior. These were once things that I also had taken part in, so continuing our friendship and letti ng go of bad habits was a struggle for me. Integrating my new life with my old life was changeling because I was always told that your are the company that you keep.I had to make sure I didnt get myself into situations that could hurt me in the long run. I was stria on continuing the friendship I had and remaining a Christian as well. I can remember the first time my faith was tested. It was around five months after I changed my life around. I was invited to go out to the movies and out to eat with a big multitude of friends. Being that it was only a dinner and a movie, I assumed it would be okay. The night started off really well, we went to see a really great movie and we all were having a good time.Following the movie, we went out o eat, everyone ordered alcohol to drink including myself. I do drink occasionally but it is never something heavy and never more than one small glass. After ordering our drinks and food, I began to feel pressured by them because they were getting dru nk and they wanted me to get drunk as well. I told them that I am not the same person I use to be, I will not let the devil support my life. After eating they wanted to take the party to the next level and start smoking. When I cognise what was about to happen, I decided to remove myself from the equation before something happens I will regret.That experience taught me that I can still have my friends but we cant hangout as much as we use too. It may be challenging but integrating my faith with my personal life can be done just as well as psychology, theology, and spirituality can be integrated into counseling. Reflection This was a very well written book. It answers the question How can a counselor integrate psychology, theology, and spirituality into their counseling sessions. The author discusses the importance of integrating spirituality into counseling, and locomote to take in order to ensure its success.The author also stressed the value of prayer in and out a counseling se ssion and how to introduce it as a part of the session to the client. This book brings up questions such as, How can psychology, theology, and spirituality truly be integrated into counseling sessions with non Christian counselors and Christian clients. If spirituality is what is best for the client, how does a non Christian counselor help them without recommending a more qualified counselor. there is also the question of not confronting the sin.It would always be more helpful for a sin to be confronted so that the client knows that what they are doing is wrong and they should then be counseled in moving on from this sin and taking the necessary steps to ensure that sin is excluded from their lives. Others than that, this book was a very positive book. Learning how to help others with prayer, scriptures, psychology, theology is very rewarding. Knowing the steps to take in order to ensure as successful counseling session is also something that this book discussed, which is very helpf ul for therapist. ActionAfter reading this book, and learning how to better integrate psychology, theology, and spirituality into counseling it has been easier to help those in need such as a friend, family member, or client. NO when a person is in need of guidance or assistance with a problem, their will be a set of tools set aside that ensures they are helped in the best way possible. Encouraging the client to include spirituality into their counseling session can be tough at times, especially if they are not Christian but by using the tools taught in this book, it can be achieved.Changes concerning counseling and helping those in need of guidance has become a lot better. Before this book, integrating Christianity into counseling was a challenge. However through gaining a better understanding of psychology, theology, and spirituality, it was made clearer how to integrate the three into a counseling session that could be beneficial to every client if used correctly. This book shows how important it is to have a spiritual boldness in a counseling session.How it can be so helpful in helping a client if this is what they want. And how it can totally change a persons life. Having a good relationship with God is all we need in order to make it day to day. Whatever problems we have can be brought to Jesus because he is the healer o all problems. Having a good counselor who can introduce or help grow you knowledge concerning Jesus is a good step in the right direction. Reference McMinn, M. R. (2011). Psychology, theology, and spirituality in Christian counseling. Tyndale house Publishers.

Concepts and principles of emergency management Essay

Concepts and principles of emergency management - turn up ExampleIn Australia, latest statistics on car accidents seem to indicate that road accidents ar change magnitude in frequency road deaths associated to such car accidents are besides increasing. In 2005, Australia already be 7th out of 15 developed nations for road deaths per 100 million vehicle kilometres travelled (Fallah, 2007).Emergencies -- are incidents that threaten public safety, health and welfare (Department of Environmental Management, n.d, p. 1). Emergencies may also vary in size, location, causes, and effects but regardless of differences in such elements, they all register with various environmental effects. They are also defined by the Emergency Management Institute (n.d) as unexpected incidents or events which endanger lives or property, consequently requiring urgent and routine responses through community resources and procedures. Examples include road-blocking landslides, long power outages, forest fire s, outbreaks of diseases, and stir up waves (Central Coast Center Independent Living, n.d). There were two slides in Australia from 1939 to 2007 28 were killed and about 101 individuals were abnormal (CRED, 2007). There were 28 wild fires from 1939 to 2007 and this caused the death of about 300 individuals and damages up to 1.2 million US dollars (CRED, 2007). There was one epidemic from 1939 to 2007. No deaths and no damages were reported but 6 flock were affected (CRED, 2007).Disasters are defined by Emergency Management Australia (2004, p. ix) as a condition or situation of significant destruction, disruption and/or distress to a community. The United Nations (1992) define a disaster as a serious disruption of the functioning of society, causing widespread human, material, or environmental losses which exceed the ability of affected society to cope using its own resources (UN Glossary, 1992).

Braden Scale for Predicting Pressure Ulcer Risk Research Paper

Braden Scale for Predicting Pressure Ulcer attempt - Research Paper ExampleThey include sensory perception, activity, clamber moisture, mobility, nutritional intake, friction and shear. Each subscale measures the power of the patient that cause high inten presenty and duration of tweet, or low tissue tolerance (Braden, 2009). minuscule Braden score shows that the patient has a low level of functioning hence, high level of fortune of ontogenesis a pressure ulcer. Braden Scale for Predicting Pressure Ulcer run a try The Braden Scale for Predicting Pressure Ulcer Risk was developed by Nancy Bergstrom and Barbara Braden, in 1987, and it has been in use since then (Braden, 2009). The aim of this tool is to help wellness professionals such as nurses and other health c are givers to assess a patients risk of developing pressure ulcers. Braden scale measures the functional capabilities of the patient that cause lower tissue tolerance for pressure or high intensity and duration of pre ssure (Statts and Gunningberg, 2007). It is used with patients of all ages, as well as settings, and it is considered more accurate than other scales like the Waterlow and the Norton scales or clinical judgment are. The Braden scale consists of up to sextette subscales scored from 1-4. They include sensory perception, activity, mobility, skin moisture, nutritional intake, friction and shear. ... Pressure ulcers are a significant difficulty in older gravids who are hospitalized. For instance, in Canada, America and parts of Europe, prevalence for pressure ulcers ranges from 14% to 25% and frequency from 7% to 9% (Braden, 2009). In addition, about 280,000 hospital stays were noned to have adult patients with pressure ulcers, in 1993, and this number increased to 455,000, in 2003, which is 63% increase. According to Statts and Gunningberg (2007), three processes contribute to the information of pressure ulcers. The main one is the pressure that is put on tissues by the weight of t he body, as the tissues are squeezed between bones and a hard surface. The friction created when the body slides over sheets, and upholstery among others, also irritates the skin lead to pressure ulcers due to factors such as too much moisture, poor blood circulation to the tissues, and poor skin quality. The pressure ulcers contribute when the pressure cuts off the blood supply, and blood is not supplied to tissues, which eventually die and gangrene off (Statts and Gunningberg, 2007). As stated by Braden (2009), the main risk factors for pressure ulcers are immobility i.e. not being able to move. This includes bed or chair confinement where a person must sit in a wheelchair or stay in bed all day a result of illness such as stroke, cancer, surgery, and heart failure among others. Thus, lack of movement due to confinement increases the risk of developing pressure ulcers. Inability to move such as changing positions without the help of a angel dust increases the risk too. For inst ance, a person in a coma, or a paralyzed person is at a higher risk of getting pressure

Annotated Bibliography. Generation Challenges in the future of nursing Essay

Annotated Bibliography. Generation Challenges in the future of nursing information processing - Essay ExampleMoreover, the article indicates that they ar expected to make a reasonable effort in addressing rising demand for the nursing c atomic number 18 services, which argon focused on increasing supply of nurses. In this case, the nurses can increase their efficiency in the provision of care by the use of wellness training Technology that has been considered a crucial issue through numerous discussions. The article covers issues related to the effect of the health IT and health informatics through an outlook of the nursing profession. In addition, the vendors across the health IT field are urged to facilitate understanding of the nursing profession through gearing them to meet challenges for reforming new era attributed to collaborationism in offering health care services. Ball, M.J. (1995). Nursing Informatics Where caring and technology meet. New York Spinger-Verlag The conf ine focuses on markets in health care practice and education settings, whereby it aims to address the issues relating to nursing practice and students in fact, issues discussed relates to nursing leadership, nursing faculty and nursing informatics specialists. Moreover, this book is designed meet the needs of professionals in the health care fields such are quality officers, administrators, health IT professions, who are in the health care facilities. ... /journal_of_nursing/challenges_in_nursing_informatics.htm The article discusses challenges faced by nurses due to constrains associated with innovation technology. It also seeks to explore ways through which these challenges can be overcome. The article offers nursing documentation, thereby explaining propellents and complexity of the processes. Moreover, the article focuses on bridging the gaps that are present in the nursing documentation to the electronic record. In addition, there are abilities of nursing students discussed in the article, thereby allowing them to understand challenges, which are involving the constants evolutions of technology. In this case, the article offers relevant issues related to nursing practice in relation to challenges. Kaminski, (2011). Organizational management and generation X. Nursing Informatics. Retrieved on 2 Feb 2012 from The article takes into consideration the challenges and threats that are faced by managers in organizations, whereby this manager are classified into echelon of Baby Boomer and senior unsounded Generation managers. These challenges are attributed to the emergence of the work force referred to Generation X, who are considered to be offering dynamic solutions to meet the needs of the workforce. The article covers issues related to technological knowledge, thereby facilitating the adaptability to change and diversity. There are new(prenominal) issues discussed in the article relating to sharing of time and downsizing, which have become a challenge to t he organization. In this case, the rummy brands of workers that are acquiescent to the needs are reflected in various scenes, in the workplace. Ericksen, A. (2009). Informatics the future of nursing. RN journal. Retrieved on 2

The Company Law for Accounts Essay Example | Topics and Well Written Essays - 2250 words

The Comp approximately(prenominal) judicial philosophy for Accounts - Essay ExampleIn case a friend contributes a profit secretly, the company may commence a legal action for rescission or recovery of the boodle make secretly. This promoter is assumed to have executed without utmost good faith. This souseds that disclosure of their activities is the most important take and they must work within the objectives of the promoters and must use their skills knowledge for the best of the firm (Siddharthacadey, 2010).A promoter is any person involved in the planning to incorporate or initiate a running of a company, other than persons involved in a purely professional capacity. A promoter need not necessarily be the main person behind the incorporation, but he must have some executive function. The stereotype of a company and sells his business to it is a promoter. A promoter has a fiduciary duty to the company he is forming and this requires him to betray all profits he makes duri ng the promotion of the company...The courts have launch the principle that a promoter stands in a fiduciary relationship with the company, which he is forming. This does not mean that he is barred from making a profit out of the promotion. It means that any profit made must be disclosed to the company. Breach of promoters duty If a promoter makes a profit and fails to disclose he breaches his duty of fiduciary. In the event of non- disclosure of profits the company may commence proceeding for rescission or for recovery of the undisclosed profits. The case study The case at hand is that dulcorate received a gift that he did not disclose to the other promoters. Therefore, he should be compelled to lift the property to the company. The law prohibits individuals from unjustly enriching themselves at the expense of other partners. The other party should be equilibrate adequately to act as consideration. However, it should be noted that not all instances that parties are required to make compensated. In the case of unformed company the promoter is required to disclose rather compensate. In fix law, the pre-incorporation contracts are not enforceable, but the benefit accruing from it is disclosable. Being the fiduciary person Candy had certain legal obligations to fulfil towards the beneficiary. However, the very moment the Candy has taken a wrong approach of lying company, the amaze of fiduciary relationship has been violated. This was confirmed in the case of Gluckstein v Barnes 1900. In the case promoters had made profits before incorporation but they failed to disclose this fact. In their case, they misrepresented facts in prospectus that they were to buy a property at certain amount which they were unable to raise.

Response Essay Example | Topics and Well Written Essays - 250 words - 17

Response - Essay modellingWhen establishing a character, it typically takes more than recurrence (Garver, 1994). Character matters mostly when individuals think on the people who ar in the public eye. For actor Charlie Sheen, in spite of film credits including Young Guns and Platoon, he got a hard-drinking ethos after the uncertain behavior of the character he acted on Two and a Half manpower came over to his real life catastrophically.On the other hand, even though Tim Tebow has been the Heisman Trophy winner for the NCAA football game championship twice, his ethos and fame owe more or less as much too undisputable displays of his Christianity look. This belief is seen when he performs a kneeling gesture on the field referred to as Tebowing. As it is seen, endorsements are brought by fame. Despite this, he is on Jockeys underwear and Nikes payroll that clothed him richly in his advertisements.In conclusion, ethos are seen to be creating quick and at other times desirable conne ctions in the midst of arguments and audience. We mostly see different individuals and groups defending and making claims and certainly ask ourselves if we should pay attention to these individuals or groups and if we can put our trust in them (Garver,