Spelling Isnt Magic

Spelling Isnt Magic Spelling Isn’t Magic Spelling Isn’t Magic By Mark Nichol Perhaps no aspect of written language engenders more consternation or trepidation than spelling. There’s even supposedly a clinical term for the fear of misspelling words: ortographobia. (Wait isn’t that spelled wrong?) Unless you were a spelling-bee champion and perhaps in spite of that distinction you might at least occasionally become flustered at the prospect of having to write a word without the confidence that you’ve spelled it correctly. And it’s probably caused you some embarrassment, or at least a pang of self-consciousness: Many poor spellers think they’re less intelligent than spelling whizzes. (That word can be spelled â€Å"wiz,† too; it’s actually a variant of the abridgement of â€Å"wizard.†) Get over it. Spelling skills aren’t highly correlated with intelligence level, and good spellers seem to be born, not made; taking all the spelling tests in the world isn’t likely to place you among those who write without fear of misspelling. And consider these two significant obstacles to orthographical optimization: First, the English language, more than any other, is replete with confusing, counterintuitive, and contradictory spelling rules. Second, spelling by example is increasingly fraught with peril, given the sad decline in care taken in editing books and newspapers (although magazines seem to remain immune to such deterioration in standards) and the preponderance of poor writing on Web sites and in email, chat and texting environments. So, if you’re a poor speller, and you’re up against a native tongue that defies logic and a world in which good writing seems to no longer be highly valued, what do you do? Relax. You have several allies: The dictionary: You could look it up. If I had a dollar for every spelling question I’ve seen in comments on Web sites about writing and editing, I could buy each of the inquirers a pocket dictionary. (Or, better yet, send them a link to www.m-w.com and pocket the cash.) Complication: Neologisms, assuming they survive faddishness to take their place in the lexicon, are years away from inclusion in the next edition. And where do you open a dictionary to if you don’t know the first letter of the word? Also, various dictionaries may differ in preferred spellings. These are minor points, though. Let the dictionary be your friend. Spell-checking programs: Your word-processing program’s built-in schoolmarm will come to your rescue, and you don’t even have to bring it an apple. Complication: Sometimes it’s wrong. Again, this is a petty quibble. Common sense: â€Å"Born,† or â€Å"borne†? (Originating from, or carried by?) â€Å"Affect,† or â€Å"effect†? (To impact or to fake, or to create an impression or influence a result?) â€Å"Ensure,† â€Å"insure, † or â€Å"assure†? (To guarantee, to take precautions, or to convince?) Complication: Common sense sometimes isn’t all that common. And variant meanings can overlap among more than one similar word (as with the â€Å"-sure† words). Finally, this class of words homophones and near homophones constitutes only a fraction of the troublesome words in our language. Ultimately, though, the best defense against the offense of misspelling is to be a stringent scribe: When you review your writing (you do review your writing, don’t you?), assume that it is a capital offense to misspell a word, and act accordingly. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Spelling category, check our popular posts, or choose a related post below:Fly, Flew, (has) FlownFlied?Confusing "Passed" with "Past"How Do You Pronounce "Mozart"?

Analysis of semco and pixar animated studio as an example of innovative organizations

Companies like Semco, Gore and Associate, 3M and Pixar have made a reputation for themselves due to their emphasis on creativity. Innovation is a product of collaborative learning, idea generation, sharing and idea realization practices of workers in an organization (Dovey, 2009, p.311). For innovation to occur an organisation must foster an environment and culture that give room for creativity which is what Semco and Pixar have achieved. To this end, this report will analyse Semco and Pixar as an exemplar of innovative companies and the relationship that exist between them using some key theories of innovation and the defining features and managerial actions that set them apart as innovative organisations. SEMCO Semco is a loose organisation that encourages innovation and self organisation leading to trust, collaboration and cooperation. Semco was a small family engineering company originally called Semler and Company established in 1952 in Sao Paulo, Brazil by Antonio Curt Semler and renamed Semco after Ricardo Semler, the 24 year old son of the owner resumed office as the new chief executive officer in 1984, firing more than half of the top managers on his first day of resuming office as chief executive officer and eliminated all secretarial positions (CNN, 2004). The company prior to Ricardo taking over was characterised with autocratic style of management with control and rules being the order of the day and operating at the edge of collapse. Ricardo Semler favours a participating style of management, profit sharing and free flow of information. The company product range includes dishwashers, pumps, mixers, cooling units for air condition, biscuits factories among others (Semler 1999, p. 1). It is one of the most innovative companies in the world and has become the subject of study for most business schools all around the world due to its peculiar management style. There is no organisation structure that feeds managers ego, subordinates choose their own bosses, employees set their salaries, production targets and achieve them at their own time, and are encouraged to participate, share ideas and also share in the profit (Semler 1999, pp.1-7, 130 131). PIXAR Pixar animated studio was established in 1986 after Steve Jobs purchased the computer graphics division of Lucas films for $10 million with Ed Catmull being named co-founder and Chief technical officer, Smith as vice president alongside Steve Jobs (Price, 2008, p.74 85-197). In 2001, Ed Catmull was named Pixar’s president. The company originally manufactures and sell hardware and software that enable computer graphics to develop animations. In 1987, the company began the making of short films with its first computer generated movie, Toy Story being released in 1995. The company which is a wholly owned subsidiary of Walt Disney acquired 2006 at $7.4 billion and located in Emeryville, California (Paik, 2007). The acquisition will help Pixar gain economies of scale and access to new technologies. Pixar has a range of films under its belt that has surpassed box office expectations from Rango, Hop, Toy Story 3, finding Nemo, the incredible and many others (Emerald Group Review, 2 011). Its target audience cuts across all ages and nationalities and include families and children and its product range include short films in DVDs, soundtrack CDs, animated films among others (Price, 2008, pp.3-7). It fosters an environment that gives room for mistakes and encourages collaborations among teams and departments and devoid of micro management by executives to ensure creativity and innovation (YouTube-imperial college, 2009). THEORIES OF INNOVATION USING EVIDENCE FROM SEMCO AND PIXAR What makes Ricardo Semler and Ed Catmull exceptional in the way they run their companiesCould it be that they were born to innovation, an act of God, divine intervention, grace, or years of experience and acquisition of knowledge and educationAnalysts and business tycoons have called these men genius. Some critics of Semler and Pixar would have called the transformation at these companies as a gift from the gods. However, it is worthy of note that Semco was a company already in operation prior to Ricardo taking over and Pixar had several failed attempts before its major breakthrough in 1995 with Toy Story. Emerald group, 2011 quoted Ed Catmull in Harvard Business Review ‘I don’t think our success is largely luck. Rather, I believe our adherence to a set of principles and practices for managing creative talent and risk is responsible.’ Was grace far from the transformation in these companiesRicardo was one of the youngest graduates at Harvard Business School who wo uld have learnt some of the traditional management theories in school but choose to manage in a uniquely different way that suite his life and believes suite those of his employees. Moreover, having had an encounter with a doctor who told him to change his work style, he decided to change his way of management, a factor that has led to the key changes at Semco today. Thus innovation at Semco may be a combination of association having graduated from Harvard, accident-a chance meeting with the doctor, personality-considering that while at high school he raised some money for the school vacation program which he reinvested to yield a return before the vacation, feature of life and a bit of cognitive considering the fact that innovation at Semco had evolved over time. It is far from being grace or act of gods. Several forms of innovation can be said to have taken placed at these organisations. They are: Organisational innovation: An organisational innovation is one that entails the implementation of a new organisational method in the firm’s business practices, workplace or external relations (Stoneman, 2010, p.17; OECD, 2006). It is often intended to increase a company’s performance through improvement in workplace satisfaction and labour productivity and access to knowledge. It entails an adoption of an organisational method such as flatter organisation structures, employees’ participation among others that have not being used before in an organisation and often results from strategic decisions taken by management (Stoneman, 2010, p.18). Semco and Pixar posses a great deal of organisational innovation. Semco had implemented theories that have never being tried before such as the satellites programs that allow ex-employees to open their own companies with financial help and resources and become partners with Semco and employees cutting their wages by 30% to Semc o at difficult times to get a higher returns when trading conditions get better. What drive such innovation are the organisational culture, structure and learning. Social innovation: This is the innovation that supports and it is beneficial to the society. Pixar is an example of such innovation whose films though animated have a lot of influence on the society both young and small. Its latest film, hop for instance gives social lessons about the role of adult and children in society. Semco has also contributed to the Brazilian society through employment and a reduction in job cuts. Traditional innovation: This is technological innovation and is measured in different ways such as through patents, expenditure and development among others. Semco and Pixar have shown a lot of innovation and creativity in technology with Pixar having a lot of patents. All these types of innovation create social capital which will be discussed later in this report. FEATURES OF INNOVATIVE ORGANISATIONS OR MANAGEMENT ACTIONS SEMCO and Pixar’s success is built on a lattice or flatter organisational structure devoid of control culture that has gone through series of transformation through the years which has enhanced their innovative ability. An organisational culture devoid of control fosters innovation as individuals are giving the freedom to self organise and make their own decisions just like Semco where employees set their salaries and take decisions on production targets and the time they meet such targets (Semler, 1999, p.1). These companies have been able to manage innovation in the following ways: Structure and culture: Organisational design is crucial to the continuous innovation of an enterprise. As the business environment becomes complex and uncertain, so is the organisational design changing to meet up with customers’ demands for value maximising products. Traditional management scientists like Max Weber emphasised formal structure which is a top-down approach characterised with command, control, rules, position power and neglect social and psychological influences on behaviours of employees and teams (Burnes 2000, p.45). Employees are likely to respond to a good leader who they trust and respect than being managed in a bureaucratic way as argued by Adair 1986:54. Semco operates a lattice structure and considers all workers as equal and has reduced bureaucracy from twelve layers of management to three (Semler 1999, p.7). Reduced hierarchies and high involvement will lead to faster decision making and idea generation and information sharing, leading to innovation. F ormal organisational structure stifles individual creativity. In the words of Semler, authoritarianism diminishes productivity and as such no privileges or rules that discourages flexibility (Semler, 1999, p. 4). At Semco, People are made to enjoy their job and feel good about themselves, not just to survive. Business strategy in the company is determined without interference from the top. Similarly, Pixar is free from the thick layers of formal management and executives are not involved in the day to day running of the organisation. All employees are equally important and all work together for the success of a story. Both companies are devoid of micro-management which ensures creativity and innovation. To have these kind of organisations require a conducive organisational culture that is devoid of control. In the words of Ed Catmull, ‘Management really doesn’t tell people what to do.’ Thus both companies give employees freedom to take risk and there is reflecti on, learning and feedback. However , not everyone can work in an environment with such a structure as some people like being told what to do, also, people wants to know what their responsibilities are and who they are report to while others do not like responsibility. It means that such environment will attract liked minded individuals. Trust and Freedom: Due to the flexible organisational structure and lack of formal reporting structures, employees can be trusted to carry out their roles. However, there is a tendency for employees to abuse the system giving the few reporting structures. Semco has absolute trust in her employees and encourages them to be self managing and governing and have made partners with them. There is so much trust that Semco made entrepreneurs out of its workers through assistance with setting up their own company through its satellite programs, buy from them and encourage them to sell to its competitors. One will assume trust will not be a possibility giving the large number of employees of over 3000. Semco has defiled business school expectations and has gone as far as allowing workers to participate in managerial decision making from deciding how much they get paid, to unlimited access to financial information and freedom to work whenever and wherever they choose and meet targets at their own set time and set their salaries which has resulted in impressive growth, long term loyalty and increase and better productivity. To Semler, his interest is in the final result not where, how and hours worked (Easen, 2004). Freedom drives performance and encourages innovation. Staff can work better if given more independence (Handy, 2004). Semco adopts a participating or democratic management style that create an atmosphere where both bosses and subordinates ( partners and associate) interact regardless of jobs and position and all are involved in decision making (Semler, 1999.pp.6 81). In the words of Semler (1999, p. 6), ‘We don’t have as many bosses as we used to. As workers began to exercise more control over their jobs and assume more voices in our policies, the need for supervisors diminished.’ Having trust in individual will give them a sense of belonging and being wanted and encourage new ideas and sharing of ideas among one another. Semco and Pixar re alised that the most powerful resources at their disposal are the people who make things happen in their organisations and have learnt to trust, believe in them and give them the freedom to express their innovative capabilities and drive production forward. Trust is seen as an outcome of social capital and shared values (Cote and Healy, 2001). However, the problem with freedom is that not everyone like being free. Some people want to be controlled and directed to get their job done. Some see control as a motivator. Moreover, some top managers may resist the need for reduced hierarchies for fear of losing control and power. Social capital and Collaboration: At Semco and Pixar, there is collaboration and teamwork as people work together for common and shared values and not get in each others’ way but are committed to the achievement of the common goal of the company. At Semco, employees participate in managerial decision not just relating to their jobs but the business as a whole. They are included in decisions that pertain to choosing who their boss becomes (Easen, 2004). Before people are hired or promoted to leadership positions, they are interviewed and approved by all who will be working for them, and every six months managers are evaluated by their subordinates. Semco has autonomous business units established by ex- employees who open their own business with help from Semco and have become partners, associate and collaborators and has made Semco a leaner and agile organisation (Semler, 1999 P.7). Also different departments and business units and teams work collectively to drive innovation f orward at Semco and Pixar. Easen, 2004 reported Semler as saying that ‘Growth and profit are a product of how people work together.’ There is a balanced collaboration at Pixar as artist and technologists are paired together. Every offer or idea is accepted and then people get the chance to plus it (Nelsen, 2008). A term Nelsen called ‘plussing’- taking an idea or a piece of work and find a way to add or improve upon it without judging it. At Pixar, collaboration means amplification whereby employees who are listening and interested in each other are joined together to work and bring separate depth to the problems and breadth that gives them interest in the solution as well as allow teams to communicate at different levels. The brain trust at Pixar is a framework or forum that gives an opportunity for some of the best brains to use their expertise and experience to share their understanding and knowledge with others and to get feedback. The Organisation for Economic Development and Cooperation, OECD defines social capital as ‘networks together with shared norms, values and understandings that facilitate cooperation within or among groups’ (ONS, 2001; Cote and Healy, 2001:41). It is the glue that holds organisations together and enables employees to join forces more effectively and pursue shared objectives. In a culture of continual change and uncertainty, sustainable communities are those who are collaborative and always growing with and towards each other in the formation, sharing and adaptation to new knowledge (Smith and Paquette, 2010). Some of the outcomes of social capital are social relations, trust, collaboration, mutually enforceable agreement, general reciprocity and innovation (ONS, 2001). In Semco there is mutually enforceable agreement resulting from profit sharing. In the past, Pixar had used stock to motivate employees and encourage them to stay. Also, the need to produce quality output at Pixar could be a form of mutually enforceable agreement (Price 2008, p. 114). Pay recognition: Motivation such as adequate pay, interpersonal relations and work and group dynamics are some factors that increase productivity and workers satisfaction (Mullins, 2007, p.53). Employees will be committed to work if they are being paid fairly and feel that their contribution is appreciated in the organisation. Semco’s employees set their salaries and share in the profits. As Semler (1999, P. 4) says, ‘Profit-sharing is democratic. We negotiate with our workers over the basic percentage to be distributed- about a quarter of our corporate profit.’ This has worked so well at Semco as there is very low labour turnover and when the need arises, those laid off are assisted to form their own company. Reward systems and benefits retain people and lead to workers’ satisfaction, commitment and loyalty (Chiu et al, 2002). There were times when workers salary proposal were rejected in instances of over- statement. Contrary to this is the argument that financial rewards are not enough to motivate people and that group pressure has more influence on employees than financial rewards (Mullins, 2007, p.301). In addition, people also have intrinsic motivation derives from within the individual which propels them towards the need for self actualisation and fulfilment. Learning and feedback/ Gives room for mistakes/Risk taking: Learning within projects teams depends heavily on the inflow and transfer of knowledgeable among them. Semco and Pixar are learning organisations. Such organisations give room for failure and learning from mistakes and encourage risk taking and have a wide tolerance for new ideas and do not punish mistakes. A learning organisation was defined by Johnson et al (2008) as, ‘One capable of continual regeneration from the variety of knowledge, experience and skills of individuals that encourage mutual questioning and challenge around a shared purpose or vision.’ Semler pointed out that mistake is welcome and a sign that the employee is taking enough risk. Without mistakes, there will not be learning and consequently, innovation will be stifled. Likewise at Pixar, continuous innovation requires that executives resist the natural tendencies to minimise risks and accept uncertainty to ensure originality and ability to r ecover from failures resulting from taking risks. It encourages creativity by allowing people to experiment with new ideas and mistakes genuinely made are treated as part of the learning process Emerald Group review, 2011). Mistake are not punished at Pixar but seen as building block for new ideas and innovation just like 3M. Pixar endorses and encourages a creative by rejecting hierarchical and controlled system, instead the taking of risks and recognizes the importance of serendipity in the creative process (Smith and Paquette, 2010) It has been argued that employees’ collective knowledge exceeds those of the organisation and its capabilities and managers should aim at encouraging processes that unlock employees’ knowledge and encourage information, knowledge and idea sharing which is the sort of environment both companies have created for their employees. As a narrator said, each movies produced by Pixar contains a combination of tens of thousands of ideas arising from risk taking, failure and learning. Ed Catmull said that ‘Innovative people are failure recovered not failure avoider.’ Both companies give room for reflection, learning and feedback. The benefits of learning cannot be over emphasis. Learning increases employees’ commitment, improve quality as mistakes are identified. Senge 1999 reiterated that organisational learning leads to organisational performance. Commitment: At Semco, everyone is committed to the achievement of the organisation’s objectives as they all feel a sense of belonging and part ownership of the company arising partly from the profit sharing. Employees are seen as being importance and valued. A worker in an interview said if an employee is idle, another worker will often ask why he or she is not working, reminding him or her that failure to work will reduce their profits and subsequently reduction in money for their pockets. So there is peer pressure. If employees feel that they are being trusted to take decision on their own and self manage, they will be committed. Semco operates an egalitarian company where there is no preferential treatment. Parking lots are for first come basis and all employees eat on the same canteen. Meetings are held based on the first two employees to be present. This makes employees feel as being a part of the team and big family and give them a sense of being wanted by the company. B y removing privileges of ranks, employees will see themselves as a wider community, thus feel comfortable voicing their opinion, leading to generation of new ideas. Dynamism: Semco is a highly flexible company with no boundaries to the type of business and products, making it difficult to say exactly what kind of business the company is in. There is no fixed business and it is open to any form of business that comes their way. It is also characterised with the absence of business plans and company strategy. In the words of Semler (2003, p.4), ‘ Once you say what business you are in, you create boundaries for you employees, you restrict their thinking and give them a reason to ignore new opportunities as they will say we are not in that business.’ Semco is so dynamic in its operations and processes that employees must not use one desk two days in a row. This is to make them difficult to track and are free to move and work anywhere that appeals to them be it home office. There is time flexibility as they are not concerned about when the employees arrive at work. However, contracts are negotiated on the basis of what to be achieved at a set period and what it stands to gain for paid value and what the employees get in return. It is a mutually enforceable agreement as both parties- employees and Semco benefit. Pixar, though in a core line of business of animated films, it is not to say it is not a dynamic company as different forms of films that benefits both adult and children have being produced over the years. There is effective communication at both companies due to the organisational culture and flatter structure devoid of control. There is information, idea and knowledge sharing. At Pixar, technologists communicate with the artists. SUMARY AND CONCLUSION Semco and Pixar are said to be innovative even though the companies are different in what they do and how they approach innovation. Nevertheless, some common factors in both companies is the delegation of a large amount of control to their employees and absolute freedom to take risk and give room for mistakes and failure, giving them freedom to generate new ideas and thus take a more active role and commitment. Both companies have decentralised the management structures to get employees more involved in decision making and give them a sense of belonging. They have created a culture that gives room for mistakes, failures, sharing of information, and ideas. There is also collaboration between employees, teams, departments, business units and partners, trust, social capital, communication, lack of micro-management and similar organisational culture and structure which encourages innovation. However, both companies differ in a number of ways such as absence of profit sharing at Pixar, la nguages, products, country of location and time scales. Having carried out a detailed analysis of Semco and Pixar, it is possible that what works at these companies can be applicable to other companies. However, some disadvantages will be accrued if these features are applied in another company characterised with hierarchical control culture and structure such as resistance from top management who are control freaks and unwilling to relinquish power. Moreover, not everyone will be able to self manage as some people like being controlled and told what to do. In addition, that trust and freedom work well in these organisations does not mean it can be implemented in other organisations as differences in culture and environment will play a role in determining its effectiveness in another company with different organisational culture and business environment. Having said this, nothing is worth not trying, so these managerial actions that have worked so well in these organisations can be applied to other organisations. The reward may not be see n immediately, but in the long run, it will pay off. REFERENCE ADAIR, J. 1986. Effective Team Building: How to make a Winning Team. London: Gower Publishing Co Ltd.BURNES, B. 2000. Managing Change: A Strategic Approach to Organisational Dynamics. 3rd edn. England: Pearson Education Ltd. CHIU, R. K, LUK, W.V AND TANG, T.L (2002) Retaining and motivating employees: Compensation preferences in Hong Kong and China. Personnel Review [Online journal], 31 (4), pp.402-431. Available from Emerald at http://www.emeraldinsight.com/search.htm?st1=Retaining+and+motivating+employees%3A+Compensation+preferences+in+Hong+Kong+and+Chinact=allec=1bf=1 . (April 19 2011). COTE, S AND HEALY, T. (2001) The Well-being of Nations. The role of human and social capital. Organisation for Economic Co-operation and Development, Paris. CNN. 2004. Ricardo Semler, Semco SA. [WWW] http://edition.cnn.com/2004/BUSINESS/06/29/semler.profile/index.html?iref=allsearch(27 April 2011). DOVEY, K. 2009. The role of trust in innovation. The Learning Organization [online journal] 16(4). Pp.311-325. Available from Emerald at http://www.emeraldinsight.com/search.htm?st1=role+of+trust+in+innovationct=allec=1bf=1 . (March23/3/2011). EASEN, N. 2004. Interview with Ricardo Semler. [WWW] http://edition.cnn.com/2004/BUSINESS/05/19/go.semlar.transcript/index.html (15 April 2011). EASEN, N. 2004. Democracy in the Workplace. [WWW] http://edition.cnn.com/2004/BUSINESS/05/19/go.democratic.workplace/index.html?iref=allsearch (15 April 2011). EMERALD GROUP, 2011. How Pixar animates its talent team: not knowing the answers can be the way ahead. Development and Learning in Organizations [Online journal], 25 (1), pp. 30-32. Available from Emerald at http://www.emeraldinsight.com/search.htm?st1=pixarct=allec=1bf=1. (April 8 2011). HANDY C, 2004. Giving your Staff More Freedom. [WWW] http://news.bbc.co.uk/1/ hi/ business /4058519.stm (1 April 2011). JOHNSON, G, SCHOLES, K AND WHITTINGTON, R. 2008. Exploring Corporate Strategy: Text and Cases. 8th edn. England: Pearson Education Limited. MULLINS, L. J, 2007. Management and Organisational Behaviour. 8th edn. Essex: Pearson Education Limited. NELSEN, R. 2008. Pixar’s Randy Nelsen on the Collaborative Age. [WWW] http://www.youtube.com/watch?v=QhXJe8ANws8 (1 April 2011). OFFICE OF NATIONAL STATISTICS. 2001. Social Capital: A review of the literature. [WWW] http://www.statistics.gov.uk/socialcapital/downloads/soccaplitreview.pdf (26 April 2011). PAIK, K. 2007. To Infinity and Beyond: The story of Pixar Animation Studio. London: Virgin Books Ltd. PIXAR GROUP 24. 2009. Innovation Management: Imperial College. [WWW] http://www.youtube.com/watch?v=dTB5S2mc3wA (20 March 2011). PRICE, D. A.2008. The Pixar Touch: The Making of a Company. USA: Alfred A. Knopf. SEMLER, R. 2003. The Seven-Day Weekend. London: Century. SEMLER, R. Semco – Ricardo Semler – MIT SF 11 – Leading organizations. [WWW] http://www.youtube.com/watch?v=k1qJ2W9cVDM (14 April 2011). SEMLER, R. (1999) Maverick! The Success Story Behind the World’s most Unusual Workplace. London: Random House Business Books. SEMLER, R. 2007. Interview with Ricardo Semler. [WWW] http://www.youtube.com/watch?v=gJkOPxJCN1wfeature=related (13 March 2011). SENGE, P.M. (1999). It’s the learning: the real lesson of quality movement. The Journal for Quality and Participation, 22 (6)Pp.34-40. STONEMAN, P. 2010. Soft Innovation: Economics, Product Aesthetics and Creative Industries. New York: Oxford University Press.SMITH, S. AND PAQUETTE, S. (2010). Creativity, chaos and knowledge management. Business Information Review, 27 (2), pp. 118-23. BIBLIOGRAPHY BESSANT, J. 2003. High Involvement innovation: Building and Sustaining Competitive Advantage Through Continuous Change. England: John Wiley Sons. CHRISTENSEN, C.M, AND ERIK, A.R. 2004. Seeing What is Next: Using the Theories of Innovation to Predict Industry Change. USA: Harvard Business school Press. BURDETH, O.J. 1994. The Magic of Alignment. Management Decision [online journal], 32 (2), pp. 59-63. Available from Emerald at http://www.emeraldinsight.com/search.htm?st1=alignmentct=allec=1bf=1go=Go. (March 3 2011). Analysis of semco and pixar animated studio as an example of innovative organizations Companies like Semco, Gore and Associate, 3M and Pixar have made a reputation for themselves due to their emphasis on creativity. Innovation is a product of collaborative learning, idea generation, sharing and idea realization practices of workers in an organization (Dovey, 2009, p.311). For innovation to occur an organisation must foster an environment and culture that give room for creativity which is what Semco and Pixar have achieved. To this end, this report will analyse Semco and Pixar as an exemplar of innovative companies and the relationship that exist between them using some key theories of innovation and the defining features and managerial actions that set them apart as innovative organisations. SEMCO Semco is a loose organisation that encourages innovation and self organisation leading to trust, collaboration and cooperation. Semco was a small family engineering company originally called Semler and Company established in 1952 in Sao Paulo, Brazil by Antonio Curt Semler and renamed Semco after Ricardo Semler, the 24 year old son of the owner resumed office as the new chief executive officer in 1984, firing more than half of the top managers on his first day of resuming office as chief executive officer and eliminated all secretarial positions (CNN, 2004). The company prior to Ricardo taking over was characterised with autocratic style of management with control and rules being the order of the day and operating at the edge of collapse. Ricardo Semler favours a participating style of management, profit sharing and free flow of information. The company product range includes dishwashers, pumps, mixers, cooling units for air condition, biscuits factories among others (Semler 1999, p. 1). It is one of the most innovative companies in the world and has become the subject of study for most business schools all around the world due to its peculiar management style. There is no organisation structure that feeds managers ego, subordinates choose their own bosses, employees set their salaries, production targets and achieve them at their own time, and are encouraged to participate, share ideas and also share in the profit (Semler 1999, pp.1-7, 130 131). PIXAR Pixar animated studio was established in 1986 after Steve Jobs purchased the computer graphics division of Lucas films for $10 million with Ed Catmull being named co-founder and Chief technical officer, Smith as vice president alongside Steve Jobs (Price, 2008, p.74 85-197). In 2001, Ed Catmull was named Pixar’s president. The company originally manufactures and sell hardware and software that enable computer graphics to develop animations. In 1987, the company began the making of short films with its first computer generated movie, Toy Story being released in 1995. The company which is a wholly owned subsidiary of Walt Disney acquired 2006 at $7.4 billion and located in Emeryville, California (Paik, 2007). The acquisition will help Pixar gain economies of scale and access to new technologies. Pixar has a range of films under its belt that has surpassed box office expectations from Rango, Hop, Toy Story 3, finding Nemo, the incredible and many others (Emerald Group Review, 2 011). Its target audience cuts across all ages and nationalities and include families and children and its product range include short films in DVDs, soundtrack CDs, animated films among others (Price, 2008, pp.3-7). It fosters an environment that gives room for mistakes and encourages collaborations among teams and departments and devoid of micro management by executives to ensure creativity and innovation (YouTube-imperial college, 2009). THEORIES OF INNOVATION USING EVIDENCE FROM SEMCO AND PIXAR What makes Ricardo Semler and Ed Catmull exceptional in the way they run their companiesCould it be that they were born to innovation, an act of God, divine intervention, grace, or years of experience and acquisition of knowledge and educationAnalysts and business tycoons have called these men genius. Some critics of Semler and Pixar would have called the transformation at these companies as a gift from the gods. However, it is worthy of note that Semco was a company already in operation prior to Ricardo taking over and Pixar had several failed attempts before its major breakthrough in 1995 with Toy Story. Emerald group, 2011 quoted Ed Catmull in Harvard Business Review ‘I don’t think our success is largely luck. Rather, I believe our adherence to a set of principles and practices for managing creative talent and risk is responsible.’ Was grace far from the transformation in these companiesRicardo was one of the youngest graduates at Harvard Business School who wo uld have learnt some of the traditional management theories in school but choose to manage in a uniquely different way that suite his life and believes suite those of his employees. Moreover, having had an encounter with a doctor who told him to change his work style, he decided to change his way of management, a factor that has led to the key changes at Semco today. Thus innovation at Semco may be a combination of association having graduated from Harvard, accident-a chance meeting with the doctor, personality-considering that while at high school he raised some money for the school vacation program which he reinvested to yield a return before the vacation, feature of life and a bit of cognitive considering the fact that innovation at Semco had evolved over time. It is far from being grace or act of gods. Several forms of innovation can be said to have taken placed at these organisations. They are: Organisational innovation: An organisational innovation is one that entails the implementation of a new organisational method in the firm’s business practices, workplace or external relations (Stoneman, 2010, p.17; OECD, 2006). It is often intended to increase a company’s performance through improvement in workplace satisfaction and labour productivity and access to knowledge. It entails an adoption of an organisational method such as flatter organisation structures, employees’ participation among others that have not being used before in an organisation and often results from strategic decisions taken by management (Stoneman, 2010, p.18). Semco and Pixar posses a great deal of organisational innovation. Semco had implemented theories that have never being tried before such as the satellites programs that allow ex-employees to open their own companies with financial help and resources and become partners with Semco and employees cutting their wages by 30% to Semc o at difficult times to get a higher returns when trading conditions get better. What drive such innovation are the organisational culture, structure and learning. Social innovation: This is the innovation that supports and it is beneficial to the society. Pixar is an example of such innovation whose films though animated have a lot of influence on the society both young and small. Its latest film, hop for instance gives social lessons about the role of adult and children in society. Semco has also contributed to the Brazilian society through employment and a reduction in job cuts. Traditional innovation: This is technological innovation and is measured in different ways such as through patents, expenditure and development among others. Semco and Pixar have shown a lot of innovation and creativity in technology with Pixar having a lot of patents. All these types of innovation create social capital which will be discussed later in this report. FEATURES OF INNOVATIVE ORGANISATIONS OR MANAGEMENT ACTIONS SEMCO and Pixar’s success is built on a lattice or flatter organisational structure devoid of control culture that has gone through series of transformation through the years which has enhanced their innovative ability. An organisational culture devoid of control fosters innovation as individuals are giving the freedom to self organise and make their own decisions just like Semco where employees set their salaries and take decisions on production targets and the time they meet such targets (Semler, 1999, p.1). These companies have been able to manage innovation in the following ways: Structure and culture: Organisational design is crucial to the continuous innovation of an enterprise. As the business environment becomes complex and uncertain, so is the organisational design changing to meet up with customers’ demands for value maximising products. Traditional management scientists like Max Weber emphasised formal structure which is a top-down approach characterised with command, control, rules, position power and neglect social and psychological influences on behaviours of employees and teams (Burnes 2000, p.45). Employees are likely to respond to a good leader who they trust and respect than being managed in a bureaucratic way as argued by Adair 1986:54. Semco operates a lattice structure and considers all workers as equal and has reduced bureaucracy from twelve layers of management to three (Semler 1999, p.7). Reduced hierarchies and high involvement will lead to faster decision making and idea generation and information sharing, leading to innovation. F ormal organisational structure stifles individual creativity. In the words of Semler, authoritarianism diminishes productivity and as such no privileges or rules that discourages flexibility (Semler, 1999, p. 4). At Semco, People are made to enjoy their job and feel good about themselves, not just to survive. Business strategy in the company is determined without interference from the top. Similarly, Pixar is free from the thick layers of formal management and executives are not involved in the day to day running of the organisation. All employees are equally important and all work together for the success of a story. Both companies are devoid of micro-management which ensures creativity and innovation. To have these kind of organisations require a conducive organisational culture that is devoid of control. In the words of Ed Catmull, ‘Management really doesn’t tell people what to do.’ Thus both companies give employees freedom to take risk and there is reflecti on, learning and feedback. However , not everyone can work in an environment with such a structure as some people like being told what to do, also, people wants to know what their responsibilities are and who they are report to while others do not like responsibility. It means that such environment will attract liked minded individuals. Trust and Freedom: Due to the flexible organisational structure and lack of formal reporting structures, employees can be trusted to carry out their roles. However, there is a tendency for employees to abuse the system giving the few reporting structures. Semco has absolute trust in her employees and encourages them to be self managing and governing and have made partners with them. There is so much trust that Semco made entrepreneurs out of its workers through assistance with setting up their own company through its satellite programs, buy from them and encourage them to sell to its competitors. One will assume trust will not be a possibility giving the large number of employees of over 3000. Semco has defiled business school expectations and has gone as far as allowing workers to participate in managerial decision making from deciding how much they get paid, to unlimited access to financial information and freedom to work whenever and wherever they choose and meet targets at their own set time and set their salaries which has resulted in impressive growth, long term loyalty and increase and better productivity. To Semler, his interest is in the final result not where, how and hours worked (Easen, 2004). Freedom drives performance and encourages innovation. Staff can work better if given more independence (Handy, 2004). Semco adopts a participating or democratic management style that create an atmosphere where both bosses and subordinates ( partners and associate) interact regardless of jobs and position and all are involved in decision making (Semler, 1999.pp.6 81). In the words of Semler (1999, p. 6), ‘We don’t have as many bosses as we used to. As workers began to exercise more control over their jobs and assume more voices in our policies, the need for supervisors diminished.’ Having trust in individual will give them a sense of belonging and being wanted and encourage new ideas and sharing of ideas among one another. Semco and Pixar re alised that the most powerful resources at their disposal are the people who make things happen in their organisations and have learnt to trust, believe in them and give them the freedom to express their innovative capabilities and drive production forward. Trust is seen as an outcome of social capital and shared values (Cote and Healy, 2001). However, the problem with freedom is that not everyone like being free. Some people want to be controlled and directed to get their job done. Some see control as a motivator. Moreover, some top managers may resist the need for reduced hierarchies for fear of losing control and power. Social capital and Collaboration: At Semco and Pixar, there is collaboration and teamwork as people work together for common and shared values and not get in each others’ way but are committed to the achievement of the common goal of the company. At Semco, employees participate in managerial decision not just relating to their jobs but the business as a whole. They are included in decisions that pertain to choosing who their boss becomes (Easen, 2004). Before people are hired or promoted to leadership positions, they are interviewed and approved by all who will be working for them, and every six months managers are evaluated by their subordinates. Semco has autonomous business units established by ex- employees who open their own business with help from Semco and have become partners, associate and collaborators and has made Semco a leaner and agile organisation (Semler, 1999 P.7). Also different departments and business units and teams work collectively to drive innovation f orward at Semco and Pixar. Easen, 2004 reported Semler as saying that ‘Growth and profit are a product of how people work together.’ There is a balanced collaboration at Pixar as artist and technologists are paired together. Every offer or idea is accepted and then people get the chance to plus it (Nelsen, 2008). A term Nelsen called ‘plussing’- taking an idea or a piece of work and find a way to add or improve upon it without judging it. At Pixar, collaboration means amplification whereby employees who are listening and interested in each other are joined together to work and bring separate depth to the problems and breadth that gives them interest in the solution as well as allow teams to communicate at different levels. The brain trust at Pixar is a framework or forum that gives an opportunity for some of the best brains to use their expertise and experience to share their understanding and knowledge with others and to get feedback. The Organisation for Economic Development and Cooperation, OECD defines social capital as ‘networks together with shared norms, values and understandings that facilitate cooperation within or among groups’ (ONS, 2001; Cote and Healy, 2001:41). It is the glue that holds organisations together and enables employees to join forces more effectively and pursue shared objectives. In a culture of continual change and uncertainty, sustainable communities are those who are collaborative and always growing with and towards each other in the formation, sharing and adaptation to new knowledge (Smith and Paquette, 2010). Some of the outcomes of social capital are social relations, trust, collaboration, mutually enforceable agreement, general reciprocity and innovation (ONS, 2001). In Semco there is mutually enforceable agreement resulting from profit sharing. In the past, Pixar had used stock to motivate employees and encourage them to stay. Also, the need to produce quality output at Pixar could be a form of mutually enforceable agreement (Price 2008, p. 114). Pay recognition: Motivation such as adequate pay, interpersonal relations and work and group dynamics are some factors that increase productivity and workers satisfaction (Mullins, 2007, p.53). Employees will be committed to work if they are being paid fairly and feel that their contribution is appreciated in the organisation. Semco’s employees set their salaries and share in the profits. As Semler (1999, P. 4) says, ‘Profit-sharing is democratic. We negotiate with our workers over the basic percentage to be distributed- about a quarter of our corporate profit.’ This has worked so well at Semco as there is very low labour turnover and when the need arises, those laid off are assisted to form their own company. Reward systems and benefits retain people and lead to workers’ satisfaction, commitment and loyalty (Chiu et al, 2002). There were times when workers salary proposal were rejected in instances of over- statement. Contrary to this is the argument that financial rewards are not enough to motivate people and that group pressure has more influence on employees than financial rewards (Mullins, 2007, p.301). In addition, people also have intrinsic motivation derives from within the individual which propels them towards the need for self actualisation and fulfilment. Learning and feedback/ Gives room for mistakes/Risk taking: Learning within projects teams depends heavily on the inflow and transfer of knowledgeable among them. Semco and Pixar are learning organisations. Such organisations give room for failure and learning from mistakes and encourage risk taking and have a wide tolerance for new ideas and do not punish mistakes. A learning organisation was defined by Johnson et al (2008) as, ‘One capable of continual regeneration from the variety of knowledge, experience and skills of individuals that encourage mutual questioning and challenge around a shared purpose or vision.’ Semler pointed out that mistake is welcome and a sign that the employee is taking enough risk. Without mistakes, there will not be learning and consequently, innovation will be stifled. Likewise at Pixar, continuous innovation requires that executives resist the natural tendencies to minimise risks and accept uncertainty to ensure originality and ability to r ecover from failures resulting from taking risks. It encourages creativity by allowing people to experiment with new ideas and mistakes genuinely made are treated as part of the learning process Emerald Group review, 2011). Mistake are not punished at Pixar but seen as building block for new ideas and innovation just like 3M. Pixar endorses and encourages a creative by rejecting hierarchical and controlled system, instead the taking of risks and recognizes the importance of serendipity in the creative process (Smith and Paquette, 2010) It has been argued that employees’ collective knowledge exceeds those of the organisation and its capabilities and managers should aim at encouraging processes that unlock employees’ knowledge and encourage information, knowledge and idea sharing which is the sort of environment both companies have created for their employees. As a narrator said, each movies produced by Pixar contains a combination of tens of thousands of ideas arising from risk taking, failure and learning. Ed Catmull said that ‘Innovative people are failure recovered not failure avoider.’ Both companies give room for reflection, learning and feedback. The benefits of learning cannot be over emphasis. Learning increases employees’ commitment, improve quality as mistakes are identified. Senge 1999 reiterated that organisational learning leads to organisational performance. Commitment: At Semco, everyone is committed to the achievement of the organisation’s objectives as they all feel a sense of belonging and part ownership of the company arising partly from the profit sharing. Employees are seen as being importance and valued. A worker in an interview said if an employee is idle, another worker will often ask why he or she is not working, reminding him or her that failure to work will reduce their profits and subsequently reduction in money for their pockets. So there is peer pressure. If employees feel that they are being trusted to take decision on their own and self manage, they will be committed. Semco operates an egalitarian company where there is no preferential treatment. Parking lots are for first come basis and all employees eat on the same canteen. Meetings are held based on the first two employees to be present. This makes employees feel as being a part of the team and big family and give them a sense of being wanted by the company. B y removing privileges of ranks, employees will see themselves as a wider community, thus feel comfortable voicing their opinion, leading to generation of new ideas. Dynamism: Semco is a highly flexible company with no boundaries to the type of business and products, making it difficult to say exactly what kind of business the company is in. There is no fixed business and it is open to any form of business that comes their way. It is also characterised with the absence of business plans and company strategy. In the words of Semler (2003, p.4), ‘ Once you say what business you are in, you create boundaries for you employees, you restrict their thinking and give them a reason to ignore new opportunities as they will say we are not in that business.’ Semco is so dynamic in its operations and processes that employees must not use one desk two days in a row. This is to make them difficult to track and are free to move and work anywhere that appeals to them be it home office. There is time flexibility as they are not concerned about when the employees arrive at work. However, contracts are negotiated on the basis of what to be achieved at a set period and what it stands to gain for paid value and what the employees get in return. It is a mutually enforceable agreement as both parties- employees and Semco benefit. Pixar, though in a core line of business of animated films, it is not to say it is not a dynamic company as different forms of films that benefits both adult and children have being produced over the years. There is effective communication at both companies due to the organisational culture and flatter structure devoid of control. There is information, idea and knowledge sharing. At Pixar, technologists communicate with the artists. SUMARY AND CONCLUSION Semco and Pixar are said to be innovative even though the companies are different in what they do and how they approach innovation. Nevertheless, some common factors in both companies is the delegation of a large amount of control to their employees and absolute freedom to take risk and give room for mistakes and failure, giving them freedom to generate new ideas and thus take a more active role and commitment. Both companies have decentralised the management structures to get employees more involved in decision making and give them a sense of belonging. They have created a culture that gives room for mistakes, failures, sharing of information, and ideas. There is also collaboration between employees, teams, departments, business units and partners, trust, social capital, communication, lack of micro-management and similar organisational culture and structure which encourages innovation. However, both companies differ in a number of ways such as absence of profit sharing at Pixar, la nguages, products, country of location and time scales. Having carried out a detailed analysis of Semco and Pixar, it is possible that what works at these companies can be applicable to other companies. However, some disadvantages will be accrued if these features are applied in another company characterised with hierarchical control culture and structure such as resistance from top management who are control freaks and unwilling to relinquish power. Moreover, not everyone will be able to self manage as some people like being controlled and told what to do. In addition, that trust and freedom work well in these organisations does not mean it can be implemented in other organisations as differences in culture and environment will play a role in determining its effectiveness in another company with different organisational culture and business environment. Having said this, nothing is worth not trying, so these managerial actions that have worked so well in these organisations can be applied to other organisations. The reward may not be see n immediately, but in the long run, it will pay off. REFERENCE ADAIR, J. 1986. Effective Team Building: How to make a Winning Team. London: Gower Publishing Co Ltd.BURNES, B. 2000. Managing Change: A Strategic Approach to Organisational Dynamics. 3rd edn. England: Pearson Education Ltd. CHIU, R. K, LUK, W.V AND TANG, T.L (2002) Retaining and motivating employees: Compensation preferences in Hong Kong and China. Personnel Review [Online journal], 31 (4), pp.402-431. Available from Emerald at http://www.emeraldinsight.com/search.htm?st1=Retaining+and+motivating+employees%3A+Compensation+preferences+in+Hong+Kong+and+Chinact=allec=1bf=1 . (April 19 2011). COTE, S AND HEALY, T. (2001) The Well-being of Nations. The role of human and social capital. Organisation for Economic Co-operation and Development, Paris. CNN. 2004. Ricardo Semler, Semco SA. [WWW] http://edition.cnn.com/2004/BUSINESS/06/29/semler.profile/index.html?iref=allsearch(27 April 2011). DOVEY, K. 2009. The role of trust in innovation. The Learning Organization [online journal] 16(4). Pp.311-325. Available from Emerald at http://www.emeraldinsight.com/search.htm?st1=role+of+trust+in+innovationct=allec=1bf=1 . (March23/3/2011). EASEN, N. 2004. Interview with Ricardo Semler. [WWW] http://edition.cnn.com/2004/BUSINESS/05/19/go.semlar.transcript/index.html (15 April 2011). EASEN, N. 2004. Democracy in the Workplace. [WWW] http://edition.cnn.com/2004/BUSINESS/05/19/go.democratic.workplace/index.html?iref=allsearch (15 April 2011). EMERALD GROUP, 2011. How Pixar animates its talent team: not knowing the answers can be the way ahead. Development and Learning in Organizations [Online journal], 25 (1), pp. 30-32. Available from Emerald at http://www.emeraldinsight.com/search.htm?st1=pixarct=allec=1bf=1. (April 8 2011). HANDY C, 2004. Giving your Staff More Freedom. [WWW] http://news.bbc.co.uk/1/ hi/ business /4058519.stm (1 April 2011). JOHNSON, G, SCHOLES, K AND WHITTINGTON, R. 2008. Exploring Corporate Strategy: Text and Cases. 8th edn. England: Pearson Education Limited. MULLINS, L. J, 2007. Management and Organisational Behaviour. 8th edn. Essex: Pearson Education Limited. NELSEN, R. 2008. Pixar’s Randy Nelsen on the Collaborative Age. [WWW] http://www.youtube.com/watch?v=QhXJe8ANws8 (1 April 2011). OFFICE OF NATIONAL STATISTICS. 2001. Social Capital: A review of the literature. [WWW] http://www.statistics.gov.uk/socialcapital/downloads/soccaplitreview.pdf (26 April 2011). PAIK, K. 2007. To Infinity and Beyond: The story of Pixar Animation Studio. London: Virgin Books Ltd. PIXAR GROUP 24. 2009. Innovation Management: Imperial College. [WWW] http://www.youtube.com/watch?v=dTB5S2mc3wA (20 March 2011). PRICE, D. A.2008. The Pixar Touch: The Making of a Company. USA: Alfred A. Knopf. SEMLER, R. 2003. The Seven-Day Weekend. London: Century. SEMLER, R. Semco – Ricardo Semler – MIT SF 11 – Leading organizations. [WWW] http://www.youtube.com/watch?v=k1qJ2W9cVDM (14 April 2011). SEMLER, R. (1999) Maverick! The Success Story Behind the World’s most Unusual Workplace. London: Random House Business Books. SEMLER, R. 2007. Interview with Ricardo Semler. [WWW] http://www.youtube.com/watch?v=gJkOPxJCN1wfeature=related (13 March 2011). SENGE, P.M. (1999). It’s the learning: the real lesson of quality movement. The Journal for Quality and Participation, 22 (6)Pp.34-40. STONEMAN, P. 2010. Soft Innovation: Economics, Product Aesthetics and Creative Industries. New York: Oxford University Press.SMITH, S. AND PAQUETTE, S. (2010). Creativity, chaos and knowledge management. Business Information Review, 27 (2), pp. 118-23. BIBLIOGRAPHY BESSANT, J. 2003. High Involvement innovation: Building and Sustaining Competitive Advantage Through Continuous Change. England: John Wiley Sons. CHRISTENSEN, C.M, AND ERIK, A.R. 2004. Seeing What is Next: Using the Theories of Innovation to Predict Industry Change. USA: Harvard Business school Press. BURDETH, O.J. 1994. The Magic of Alignment. Management Decision [online journal], 32 (2), pp. 59-63. Available from Emerald at http://www.emeraldinsight.com/search.htm?st1=alignmentct=allec=1bf=1go=Go. (March 3 2011).

The impact of the crisis Essay Example | Topics and Well Written Essays - 2000 words

The impact of the crisis - Essay Example It has been found out that the cause that resulted in such a drastic financial condition was the excessive borrowing that the countries belonging to the Euro zone had undertaken. Adding on to this problem there was lack of competitiveness in specific countries of this zone which resulted in the imbalances in the trade of these countries and also an increase in the current account deficit. This led to a weakening of the financial condition of the banks and they had problems in getting any further funding. Hence the credit and cash crisis in the country set in. While in Greece the problem surrounded every aspect of the economy in the countries like Spain and Ireland the problem was solely linked with the crisis that took place in the banking sector due to the unavailability of credit. This essay would look into the various aspects of the financial crisis that have taken place in the European Union and the effects of such liquidity crisis on the financial markets of these countries. The crisis in the Euro zone had far reaching effects on the entire world. Background of the crisis Most of the economic systems of the world are interconnected and therefore any adverse situation in one country would have its effect on the other countries as well. ... 726-741). The major problem that the countries faced was a common monetary policy but a different fiscal policies for each of the countries since the countries had different sets of government. The European Union was formed with a motive of maintaining a uniform monetary policy in all the member nations of the EU. The nations included in the list of the nations in the EU would have a common currency known as the Euro and it would be circulated over the borders of these nations. The main motive behind this process was bringing in all the countries of Europe in the same platform for international trade and to increase the intensity of competition. This in turn would increase the domestic production of the countries and would add to the GDP of the individual nations. In the previous days most of the East European countries followed the communist ways of governance. The EU would ensure that that the market economies structure along with free trade and competitive atmosphere is introduced in the country. The Euro Crisis was a combination of a debt crisis, lack of competitiveness and a banking sector credit crisis. The credit condition of the countries during this time was at a worse situation. The Monetary union of the European nations made a provision to the countries for guaranteeing loan for each other (Galil and Soffer, 2011, pp. 3101-3119). Since most of the nations lacked the creditworthiness due to the shortage of immediate cash and the financial conditions of the countries were intertwined, the entire Euro zone fell under this debt trap. Therefore along with the countries with adverse budgetary conditions, the ones which had proper condition of public

Saint Albertus Magnus ( Year 1193-1280 ) Essay Example | Topics and Well Written Essays - 750 words

Saint Albertus Magnus ( Year 1193-1280 ) - Essay Example He is also referred to as the â€Å"Doctor of the church†. This is one title that was bestowed amongst the greatest men in the Roman Catholic Church (Attwater, 2003). It should be observed that the name is bestowed on only 33 people who have led and given their life to their respective missions globally. He was a very knowledgeable man who had received his education at a very tender age. As early as he could, he mastered the teachings of the famous philosopher Aristotle. In many instances, he is quoted as a very resilient man who shunned his own family for the sake of the mission. This is especially after his family denounced him for joining the parish. He is also on record saying that if it were not for the Virgin Mary, he would not be in the mission. This is because he states that he had an encounter with her. It is during this encounter that she convinced him to give his life to the mission. This is what convinced him to give his life to the church. It is also because of hi s great mind that Saints like Aquinas graced the world. He is responsible for the moulding of Thomas Aquinas into a philosopher and theologist of great repute. This enabled the latter to be one of the greatest men in the church. His profound teachings and guidance are said to have effectively steered Aquinas to the paths that he crossed. He was a very humble and efficient leader who always wanted what was best for the people. He always put his needs last (Emsley, 2001). During his time period, Albertus contributed greatly to all walks of life. He is said to have healed the world with his profound wisdom. His wisdom enabled him to write very many information materials that gave way to many theories and analogies. These theories are still in use today. He wrote books on Biology, Religion and Psychology and many other fields. His thoughts and opinions on the many subjects projected the fact that Albertus was a genius. He had the ability to understand the universe, all that was around i t and what was required to ensure that the field of knowledge was robust with new ideas and knowledge (Magnus, 2003). His humility is something that was emulated all over the world. He was offered a horse that would enable him to move freely within the Dominican Republic. In his lifetime, Albertus never rode the horse. He was known to walk as he went on the various activities that he had to conduct. This created a chance for very many ordinary people to interact freely with him. This is because in many instances, the people walked to and from their various activities. This gave him more resilience to spread the gospel in many parts of the world that he travelled to. It also gave him a chance to share his wisdom with those that chose to walk with him (Collins, 2010). Albertus time period received a great contribution form this powerful mind. He contributed greatly to the general area of science, philosophy and psychology amongst others. He created a very wide gap as many of his count erparts in the parish acknowledged that he was indeed a man of great repute. Saint Albertus Magnus contributed significantly to history. He was so great and many people marvelled at him even in death. It is said that after his death, many of the people that came to view his body were actually healed of any diseases that they had. They were healed from many of their diseases and ailments. The healing ability from the saint came in the form of his body fragrance. Historically, it is also said

Ernest Hemingway’s Portrayal of Masculinity Essay -- Hemingway Code He

Ernest Hemingway’s Portrayal of Masculinity When thinking of masculinity in literature, one author has who has become synonymous with manliness comes to mind, Ernest Hemingway. Critics have spent countless hours studying his writing in order to gain insight into his world of manly delights, including his views on sex, war, and sport. His views can be seen through his characters, his themes and even his style of writing. The characters in Hemingway’s stories reveal much about how he feels about men and the role they should play in society. Most of Hemingway’s male characters can be split into one of two groups. The first of which is the â€Å"Code† Hero. This is the tough, macho guy who chooses to live his life by following a â€Å"code of honor, courage, chivalry, honestly, and the ability to bear pain with resistance and dignity, and does not whine when defeated† (Scott, 217). This hero is Hemingway’s ideal man, whom every man should want to become. Robert Penn Warren writes of the â€Å"code† hero: [Hemingway’s] heroes are not squealers, welchers, compromisers, or cowards, and when they confront defeat they realize that the stance they take, the stoic endurance, the stiff upper lip means a kind of victory. If they are to be defeated they are defeated upon their own terms; some of them have even courted their defeat; and certainly they have maintained, even in the practical defeat, an ideal of themselves – some definition of how a man should behave, formulated or unformulated – by which they have lived. They represent some notion of a code, some notion of honor, that makes a man a man, and that distinguishes him from people who merely follow their random impulses and who are, by consequence, â€Å"messy.† (Warren, 79) Hemingway also seems to associate acts of violence with masculinity. Nathan Scott Jr. writes of Hemingway’s manliest characters: Whatever they do, whether it be bullfighting or fishing or prizefighting or hunting lions in the African bush or blowing up bridges as a military saboteur – is done with consummate skill and with pride of craft; they are tough and competent: they can be counted on in a tight squeeze, and they do not cheat or squeal or flinch at the prospect of danger. (Scott, 217) Examples of the â€Å"code† hero in Hemingway’s work include Manuel the bullfighter, in â€Å"The Undefeated† he fights with a noble dignity even when he is je... ...lso the idea that because the hero lives by his code, he is able to â€Å"live properly in the world of violence, disorder, and misery in which he inhabits† (Baker, 15). The young waiter who hopes to one-day become a noble bullfighter in â€Å"The Capital of the World† illustrates this point. After performing gallantly, he takes his defeat with a sense of pride and chivalry allowing him to die the only real death in Hemingway’s mind, the death of a real man. Sources Baker, Carlos. Ernest Hemingway: A Life Story. New York: Scribner’s, 1969. Fiedler, Leslie A. Love and Death in the American Novel. New York: Criterion Books, 1960. 304-09. Strychancz, Thomas. â€Å"The Sort of Thing You Never Should Admit.† Boys Don’t Cry: Rethinking Narratives of Masculinity and Emotion in the US. Eds. Millette Shamir, Jennifer Travis. New York: Columbia University Press. 2002. 140-72. Wagner, Linda Welshimer, Ed. Ernest Hemingway: Five Decades of Criticism. Michigan State University Press, 1974. Holder, Alan. â€Å"The Other Hemingway.† Wagner. 103-08. Scott, Nathan, Jr. â€Å"Ernest Hemingway, A Critical Essay.† Wagner. 210-18. Warren, Robert Penn. â€Å"Ernest Hemingway.† Wagner. 77-101.

Global cities show a particularly high degree of social polarization Essay

Social polarization is a relatively new urban phenomenon that identifies the existence of a widening gap between the rich and poor within a social group or entity. This gap has developed in country’s societies as a result of ‘income equalities, real estate fluctuations and economic displacement’ (Moulaert 2003). The effects can be damaging to society and can include ‘a loss of resources, investment and young people to the core’ (Bradford and Kent 1995). I aim to discuss and explain social polarization in terms of the causes and effects on society, as well as the main catalysts of polarization. Many geographers believe that globalization is a process that ‘has enabled nation-states, TNCs, as well as individuals, to extend their reach across the globe’ (Daniels et al 2008). Globalization has meant that ‘national economies have become integrated into the international economy’ (Croucher 2004) as a result of trade, capital flows, foreign direct investment, migration and the spread of technology; leading to the growth of many sectors, especially the financial sector, where information is easily accessible via a technologically strong communications network. Some are of the belief that ‘Globalization leads directly to social polarization’ (Sassen 1991) The rapid growth in the financial sector has led to the formation of very well paid positions within financial institutes dominated by managers, executives and stockbrokers. However, it has also created large numbers of low-paying jobs, often filled by women and the minorities in unskilled positions. As a result of this, income inequality is common in global cities with salaries ranging greatly. The United Nations quoted that ‘between 1960 and 1990 country differentials between the wealthiest and poorest 20% increased from 30 to more than 60 (UNDP 1993)(Thrift et al 2002). This can lead to a number of problems, with the lower paid workers easily replaced by an abundant supply of workers moving to the area from abroad, known as the ‘urban immigrant population’ (Chao-Lin 2002). The replacement of low-income workers has become a problem in many global cities, for example in Beijing, the open door immigration policy as led to an influx of urban immigrants. Many social problems are caused as a result of this, such as stress at home and at work etc. This, in turn, widens the gap between the richer and poorer people in society; thus increasing social polarization. The ‘transnationals’ have, of course, greatly changed the economic environment. At the global scale their location of production in developing countries has contributed to what has been called a global shift’ (Bradford and Kent 1995). In the first half of the twentieth century the majority of manufacturing and production plants was concentrated in the core: Western Europe and North America. However, a ‘global shift’ (Bradford and Kent 1995) did occur and by the 1980s a third of TNCs had moved to global production in Newly Industrializing Countries (NICs) at the periphery. As these TNCs made more money and became financially stronger, there was a shift of power from the governments to the transnationals’. The TNCs have great control over some sectors of the economy, as government revenue from taxes is recycled (through wages) back into the large corporations. TNCs can cause a variety of problems by locating in developing countries, ‘the concentration of many transnationals’ activities in one area, often the core, may exacerbate inter-regional differences’ (Bradford and Kent 1995). Again, this will cause social polarization as different areas in a country, or town will show differences in amenities etc. due to a greater investment in infrastructure. However, this investment in the core regions is needed to service the large corporations. Investment will attract people, jobs and activity into the core regions, thus emphasizing the strength of the pull factors created by TNCs: more well paid jobs are created, better living conditions, more amenities etc. However, ‘this is often at the expense of peripheral regions which lose resources, investment and young people to the core – the so called backwash or polarization effects’ (Bradford and Kent 1995). Friedmann’s Core Periphery Model is relevant here as over time people are drawn from the periphery areas into the core, (See Figure 1). Transnationals’ can also cause problems if similar corporations locate in the same countries, thus leading to ‘segmentation of markets’ (classifying markets into distinct subsets with the same needs).   (Todd 1977). (Classifying markets into distinct subsets with the same needs). This can lead to social differences being accentuated, again relating back to differences in income inequality and quality of life at the core and periphery. Furthermore, particular cultures in countries have changed as a result of ‘acquisition of material goods’ (Bradford and Kent 1995). This has lead to people’s position in society being determined by possession or consumption of particular goods, causing anger and stress, which causes societies to began more polarized. To conclude; in my opinion social polarization, can only have a negative effect on societies and countries as stress and anger is caused as a result of concentrations of investment in core areas, leaving peripheral areas without amenities and jobs. As TNCs continue to increase in size the effects of polarization can only increase with the gap between different social groups increasing, as a result of income inequality and economic displacement. With increased control and power, soon TNCs will have even more control than some governments, and this can already be seen in some areas of the world with governments in India etc. being unable to stop sweatshop labour e.g. Nike in Bangladesh. Polarization shows gaps in society have begun to develop as local markets develop in global markets as a result of globalization and the growth of large corporations. References Bradford, M. and Kent, A. 1993 Understanding Human Geography: People and their   Ã‚  Ã‚   Changing Environments, Oxford University Press, Oxford. Chao-Lin, G.U. 2001 Social Polarization and Segregation in Beijing, Beijing, Science  Ã‚  Ã‚   Press, http://www.springerlink.com/content/h3w8112rj24l8468/fulltext.pdf, 29th  Ã‚  Ã‚   November Johnston, R.J., Taylor, P.J and Watts, M.J. 1995 The Reconfiguration of Late   Ã‚  Ã‚   Twentieth-Century Capitalism. In Johnston, R.J., Taylor, P.J and Watts, M.J.  Ã‚  Ã‚  Ã‚   (eds) Geographies of Global Change: Remapping the World, Blackwell   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Publishers Ltd., United Kingdom, 19-29. Moulaert, F., Swyndedouw, E. and Rodriguez, A. 2003 The Globalized City:   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Economic Restructuring and Social Polarization in European Cities, Oxford   Ã‚   University Press, Oxford. Sassen, S. 2001 The Global City, Princeton University Press, USA Todd, D. 1977 Polarization and the Regional Problem: Manufacturing in Nova Scotia,    The University of Manitoba Geography Department, Canada. Figure 1. Rodrigue, Dr. J. P. Department of Economics and Geography, 1998 Bradshaw, M., Daniels, P., Shaw, D. and Sidway, J. 2008 An Introduction to Human  Ã‚  Ã‚  Ã‚   Geography, Pearson Education Limited, England.   

My Memories Of My Memory - 903 Words

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