Merger Mellon Financial and Bank of New York Case Study

Merger Mellon Financial and Bank of New York - Case Study Example How the two companies deal with the purchase and how the purchase is being reported to the public is what differ one term from another. Acquisition is when a firm takeover another firm (the target), become the only owner and its stock would still be traded unlike the target company. On the other hand, â€Å"mergers of equal† is when two companies seek the benefit ofbecoming one single company and neither is acquiring the other. Usually both companies are about the same size and shareholders would surrender their shares to be given in return the shares of the new single entity. Prior to the integration, a proper due diligence must be conducted before negotiating and closing the deal.Mergers are governed by each state’s law.The board of directors of the companies and the shareholdersmust approve the merger of equal first before it is put into action.After the approval is given, acommunication ground should be established and an integration process should be taken to combine the two business units systems in one new system. First, a merger integration committee (MIC) should be formed. The responsibility of MIC is to arrange and organize the integration process and to prepare the proposal for shareholders’ considerations. MIC considered being the main player in executing the merger not to mention being the coordinator for a harmonic and smooth integration as well as a value added post-merger success. The MIC should have weekly meetings to solve any issues that are notgoing as scheduled. In the case of the merger of equals of Bank of NY Mellon, the largest security servicing firm, the integration committee dedicated a lot of efforts so it will not be surprised by any chance. It dealt with the business lines in two methods in which it hired representatives to help in executing and request detailed reporting in weekly basis. The vision and objectives of the merger should be served through selecting the best possible Integration plan and team.The value of the new organization can be created through th e ability of taking tough decisions, which occurred during the shift of the administration, the procedures the technologies, the system not to mention the culture to implement the new organization vision. Changes made usually include the leadership structure (executives and board members) as a redistribution of positions and authority is likely to occur. The integration plan includes integration of strategy, reporting, people, procedures and culture. The administration style is the one who design and create the culture and the behavior which is one major part of the due diligence taken prior to the merger. As change is a critical part for any organization, Integration efforts of systems and servicesfirst require evaluating the speed of change (whether it is radical or not). It is crucial to dedicate theneeded time to complete processes. Second, it is important to maintain the customer focus during the integration and not to neglect it. Moreover, a clear intensive communication must be insured from an early stage internally and externally. Internal communication can be established by maintaining optimism and positivity among each employee toward the new transformation that has been brought by the merger. 2. List the five key risks and related controls the newly merged company faced during the integrations phase. Please consider the strategy considered by management of both companies during the negotiations? Culture risk; Culture is the set of values, beliefs, behaviors, assumptions shared among employees of a certain entity.It is what effect and influences the actions of the people within the firm, explains attitudes and why people behave in a certain pattern. It is taken for granted for people from the insideas it

National Development Essay Example for Free

National Development Essay We are here to debate on our country and its developments.The citizens of India have the basic responsibility to think and do his best for the development of the country. In one sentence , te secret of development of india can be achieved on set up of Industries and thereby generation of Employment and value addition of Produce goods and for this infra stature of Good Roads and transportation mode has to be good enough . We need good governence in turn for the development of the nation. For a good Goverence , we need Good Government and a set of good Politicians form a good Government . As the post Politicians it self gives a sign of freedom to act politically / changing faces ., our politicians are have multi faces to manage money for SELF but NOT for the nation. We need good Governors and not Politicians . they shall be treated as Public Servents but not Social servents . A good pay for a lavish life style has to be given first , so that they earn and live at the highest level of life style , as the ae the Managers / Governors / care takers for a given area. To select these so said Governors ,there shall be a scale to measure the crediantial and mere being a Citizen of the nation. Even a Peon , whose work is to keep the office clean and place the work desk in order need basic educition , and why not a leader/ governor doesnt need !! If not education , he should have done good enough for the nation and Not on Mere records . So we have to concerntate on selection of these Leaders/ Governors.

AIDS :: Free AIDS Essays

Michelle Lee Pelletier & Sarah Smith December, 16, 1998 Mr. Marquis Honors Chemistry Aids A.I.D.S is an epidemic of the nineties. There are over one million people infected with the HIV in the United States, and over 250,000 cases of Aids. The World Health Organization estimates that there are between five and ten million infected with the H.I.V virus. This number is rising steadily. A.I.D.S is the end result of H.I.V, and to this day there is no cure. H.I.V was discovered in 1981, but not until 1984 was it proven to be the cause of A.I.D.S. Since then the definition of A.I.D.S. has changed many times, and will no doubt keep changing. And as people learn more about it, they seek out a cure. Scientist have been working hard on a cure for more than a decade. They have come up with many pill "cocktails" or other forms of medications, but so far the cure is still far away. People with A.I.D.S/HIV are running out of time, yet it seems that there is sadly till a lot of ignorance and misunderstanding of the disease, and without understanding a cure is pushed farther aw ay. Stealing a chance of survival from another person. The myths and truths need to be sorted out, a cure must be found, and the disease itself must be contained. The HIV virus was discovered in 1981. Compared to many other diseases that have had a relatively huge impact on mankind, it is relatively new. Cancers and so forth have been here since man. HIV was not connected to Aids, or proven to be the cause until 1984. Since The discovery it has gone through many changes, and many names. HIV was formally known as Lymphadenopathy-associated virus (lAV), Human T-Cell lymotropic virus type III (HTLV III). It is relatively new, which means that both AIDS and HIV are subjected to much change through the new few decades, we may know a significant amount about it at this time, but new information is learned everyday. The information behind the cause of Aids is inconclusive. Though it has been said the first case from a monkey in Africa, this may not be the story, but man did get the virus from monkeys. How they got it from the monkey is another thing. Perhaps the "monkey" (which is immune to the virus, which is believed to be because the mon key doesn't have co-receptors on it's white blood cells) had bleeding gums or had a higher content of HIV in its blood system.

Deontological ethics Essay

Utilitarianism ethics accentuates that the activity that should be ethically beneficial to the group. In further terms, the outcome of any moral activity ought to be valuable for all by mass offer. This is a universal fundamental theme for ethics in industrialist economies and business as well as in all governments. Virtue Theory is also known as virtue ethics focal point on the person’s character as opposed to the standards and outcomes of the particular acts. This fundamentally means that the prime focus is endured or not to the person who acting ethically is a person who upholds the high virtues and morals, in expressing the good character in people. , plan, results and conclusion are not so much immaterial; nonetheless, the significance of virtue theory is first and foremost. Dissimilar to virtue theory, deontology has a substantial accentuation on obligation in activity, in adherence to runs the show. The right activity is essential here, whereupon fruition, ought to achieve the best useful for all included. This is to some degree like utilitarianism, which does concentrate on the result of the best great. Be that as it may, deontology does not incline toward the result itself, yet all the more so the guideline behind submitting the right activity. The moral behind deontology is about rule and after tenets. Every one of the three of these ethical practices has substantial likenesses. The essential comparability is outcome of activity. Despite the fact that result is not generally the essential center of the activity, it is normal in every one of the three theories that the outcome ought to have a gainful come about as a conclusion of the activity. Whether the activity is focused around rule, qualities or ethics, the end sought to legitimize the methods. The most ideal approach to express the contrasts between virtue theory, utilitarianism and deontological ethics is to take a typical situation and examine from these three alternate points of ETHICS ESSAY 3 view. A person who polishes good virtual ethics would call attention to that by helping the individual, doing so would be a magnanimous demonstration and would express great character of the individual supporting the one in need. One who practices utilitarianism would say that by helping the individual, doing so would be useful for both the individual in need and the individual making a difference. A deontologist would say that by helping, it would be so in agreement to an ethical tenet, for example, karma, or what you do to others will return to you. As the illustration shows, virtue theory concentrates on an individual’s ethical morals, and not on any particular conclusion or guideline. Utilitarianism has a stress on more prominent else’s benefit, concentrating on an advantageous conclusion for all persons included, where the results of acting are useful to a group. At long last, deontology stresses obligation as the particular activity being carried out in fulfillment of emulating a particular good code, governor charge. In past role as a sales/inventory associate for Centennial wireless. A problem with ethical decisions came up on a daily basis on the job. On a daily basis, I had to do the daily deposits and check each associate cash drawer that always had 100. 00 dollars in them at all times. Multiple times a sales rep had over their cash drawer or short. If they were short, they had to place the cash that was short to equal 100. 00 dollars or if they were over they had to deposit the average. When I check their bags, I gave them a warning they had till business hours to replace that money or just to deposit it. I keep the record for my records, and if it happens regular basis, I get the manager involve. The reason I keep the information to myself is because a sale person can give too much change to a customer and does know till I or they count their cash drawers at the end of their shift. So I understand mistakes can happen. My decision on this issue is based on the utilitarianism theory that looks for the best outcome for everyone within a particular situation. ETHICS ESSAY 4 In conclusion, one can addition further understanding into ethical and social obligation by analyzing the similitude and contrasts between utilitarianism, virtue theory and deontological ethics. Through further understanding of these similitude and contrasts one can start to understand the criticalness social and ethics obligation plays in particular and business achievement. The previous examination portrays the contrasts in how every theory addresses morality and ethics. The dissection likewise incorporates a particular experience clarifying the relationship between temperance, qualities, and good ideas as they identify with one of the three speculations. Besides, the examination clarifies how the data on social and ethics obligation achievement or disappointment, contingent upon the execution of the learning one addition from the information and the choices one makes. References: MANIAS, N. (2013) ETHICS APPLIED 7TH EDITION. PEARSON EDUCATION INC. (2013).

Burnout Paper

Having a good job and supporting your family is one if the best things in life. Nowadays jobs are so demanding and they require a lot of time apart from your loves ones. Many of us love the fact that we can provide for our families, but there are times when the job life can become overwhelming and stressful causing the individual to burnout. The following paper will address issues and preventions methods of â€Å"burnout† and what precautions one should take. Also I will discuss the identifiable phrases that can be adapted in order to deal with burnout. Burnout has the same characteristics as depression and it can be easily misinterpreted. Burnout is actually exhaustion of work related stresses caused over time that can affect the personal goals related to their job. Although we may not necessary notice it right away it can creep up on you and you may not know. Other factors can contribute to burnout can come from the outside such as personal life, other responsibilities at home with families and even stressful events. Many of us experience bad days at work, feeling unappreciated, disconnected ourselves from co-workers and family members, and even lost focus on our goals. These are factors to burnout that should be addressed immediately. Individual factors that can cause burnout are fairly significant and naked to the eye. Burnout is not always displayed right away and it could take some time to be noticed by you or someone else. A person’s life style plays a role because the person may have little balance and lots of work. A person who works all week pulling in more work hours may not have down time for themselves. Individuals should continue with their regular hobbies and devote some time to exercising and their personal life. Burnout can affect everyone on the job, even cultural workers. It can be very hard for someone of culture because we may expect too much from them, or even it may difficult for them to keep up with work. Cultural workers may be absent more often at work to avoid stress issues from other co-workers that can factor burnout. Sometimes burnout has an organizational cause. In today’s organizations, everyone is doing more work in less time, and then the pressure starts to build up. Low value work, flawed work processes, or excessive performance expectations also contribute to negative stress, which, if unresolved, can lead to burnout. Some of the common organizational causes of burnout includes the fast pace of work in general (if your work has a global component), increased demand for information and communication, driven by technologies such as e-mail, instant messaging, and PDAs an downsizing, restructuring, or change in priorities that calls for extra demands on the employees. A work environment that changes frequently also can causes the supervisors to burn out, factors such as frequent changes in policies and procedures , changes in the organizations vision, and changes in staff are all contributions to burnout. Communication can help the individuals to cope with burnout as it is linked to social support. Social support is better because it gives you less burnout and it tends to make individual feels that they are loved and cared for. There are six categories of social support (technical support, emotional support, emotional challenge, listening, technical challenge and sharing social reality) in which they all help to identify some sort of communication and mutual obligation (Cruikshank, 2011). Burnout can come from many different factors and in order to prevent it, you must look at all the concerns associated around it. A way that individuals can cope with burnout is to ask for help and support from your supervisor. Communicating your issues and problems will make your job less stressful, which can prevent burnout. Another way is re-vamp the work flow or processes the department uses. For example, if you have more work and less people, you may have to change how the work is distributed. Maybe temporary help can be an option to handle the workload. Setting boundaries is always helpful. When approached by a difficult task or situation, don’t give in to it, review the importance of the situation then take time to make the necessary decisions. This can prevent mistakes in the long run that can potentially lead to burnout. If you are a person that fairly gets along with everyone as I am, I would prefer management-training programs that may help with specific needs. If the concerns are more related to behavior problems, then this could cause changes or pressures in the organization. Some ways that can reduce stress is to seek programs that focus on building personal effectiveness, such as time management, delegation, dealing with difficult employees, or adjusting to corporate change. Another way to reduce the effects of burnout is to seek employee assistance. Many organizations have employee assistance programs (EAP) that can provide stress-management resources (Scott, 2001). As a human service manager you must be able to handle difficult situations at any given time. To assist staff with staff burnout many tools can be put into place to help overcome this barrier. One is prevention. Help staff to prevent burnout by distributing the work evenly, in case of an absence, use a back-up worker instead of waiting on that person’s return. Another prevention method is to provide classes and educational materials on a quarterly basis. In conclusion, it is much easier on the staff and supervisors when you have support in the organization. Taking advantage of all related work programs and classes will become handy in the long run. The focus is to balance your needs against those in the organization and make the necessary changes when those issues of burnout arise. The more you manage stress in your daily life, including work and personal, the less chance you will have to burnout. The more positive you are with your goals in life, you can become more productive and motivated by what you do, not only in the workplace but in your personal life as well.