Theories and methods of employee motivation Essay

Theories and methods of employee motivation - Essay Example Therefore, from the preceded discussion, it is clear that success of a company partly falls on the ability of the manager to employ appropriate employee motivation strategies. There are various motivational methods available around the globe all depended on several factors such as culture, company structure, and intended goal of motivation. The first method applicable, in this case, is empowerment. It involves the technique of granting the employees more responsibility and a chance to be consulted in the decision-making process. Furthermore, involving the employees in decision making enables them to create goals and objectives which will make them feel accountable to achieve as they were part of the creation. Such sense of responsibility improves the productivity of individuals as they intend to prove their suggestions are doable. The method can be related to the control theory of employee motivation (Fernandez and Pitts 2011). Involving employees in decision-making gives them a sense of control over what is happening in the company. It is an effective method considering the company is embracing technology in various departments. The implementation of this technique is through the use of questionnaires, suggestion letters and holding branch meetings regarding the issue. The intended changes should be openly told to the people for them to have a good basis to offer viable suggestions and opinions. Such a step is cheap as the expense incurred would involve the creation of the questionnaires, and minor expenses f holding the meetings. The success of such an initiative can be evaluated through analysis of productivity and employee attitude towards the changes taking place in the company. Furthermore, such an initiative would be beneficial in reducing the supervision cost required as most of the employee would feel obligated to the suggestions and thus work towards achieving the set goals. The method can be implemented immediately considering

Final Book Report Essay Example | Topics and Well Written Essays - 1250 words

Final Book Report - Essay Example He quotes the meeting of General Ulysses S. Grant and General Robert E. Lee along with the meeting of Joshua Chamberlain and Lee. In both the days, the victors healed the wounds of vanquished by treating them cordially, which an important trait of leadership. Another important aspect regarding leadership that is useful in organizational development is to develop, sustain and deliver. The above three points help to form a cycle in any organization and effective leaders develop, deliver and sustain with the help of their regular communications and the book 'Great Communication Secrets of Great Leaders' emphasizes on the above aspect. Baldoni John (2003) states that he incorporated in his book that the failure of many CEOs was due to lack of communication but not due to lack of vision, ambition and execution. John states that lack of communication leads to evil, dysfunctional board, fearing the boss and dangerous culture. On the other hand communication skills are capable of promoting V ision, Pragmatism, consensus building, charisma and trustworthiness. Hence, the communication can act as a catalyst for the success of organizational set up and to remove the evils that lead to failure. Hence, to develop personal credibility, communication skills are important to leaders, managers as well as the subordinate employees. The company should create an atmosphere that develops rapport between employees of all cadres so that they can express their views and lead to success. Leadership and Communications In an organization the leadership communications emerge from a leadership action communicated from the view point of the leader. The communication should decide the response of the staff in hierarchy and leads the way the execution of the operations within the company. The execution of duties due to response to the communication depends on the bond between leader and followers (staff). The communication of the leader to the followers should convey the organizational vision and mission. Baldoni John quotes the successes of several political leaders who won by communicating effectively with their followers and were responsible for the success of administrations as well as organizations. The communication of leader can reinforce organizational capability by reminding the staff about the company's strengths and weaknesses. When the communication is able to create motivation, the success follows for the company through creative hard work of the people and John quotes the success of Kather ine Graham in communicating with her staff and creating a world class organization. Hence, in the above context, the communication can be used to create motivation in the staff and to make them effectively. As a result the company can be competitive. However, the above communication technique works well, when the company recruits talented people, who can understand the messages as well as motivation. In achieving above targets the important aspects Baldoni John quotes are assessing audience (followers or staff in this context)

NEW VENTURE CREATION -- business plan Essay Example | Topics and Well Written Essays - 2500 words

NEW VENTURE CREATION -- business plan - Essay Example ation of business ideas making an analysis of uniqueness of product, analyzing its sale growth, customer availability, and products and services availability is crucial; and this can be made possible by conducting situational analysis. This report aims to conduct feasibility analysis for a Marvelous Hair Salon and to analyze that either the concept is marketable and valid, does the idea proves the marketability and visibility, should the salon take a start, will the project be according to the budget, quality and schedule, and are the goals of the business will be attainable in creative and consistent manners (Kaiser, 2008). In order to achieve this objective, a report has been divided into five sections. The First section gives the general description of the business with its vision and mission; second section consists of the description of products and services and unique selling point. In the third section, detailed market analysis has been performed. Fourth section is based on the market plan that discuss the tactics to get the product and services to customers and to attract customers. The Fifth section is based on financial implications. Businesses can take place in the market through making alliances, joint ventures, and partnerships (Trost, 2013; Miller and Cross, 2013). Marvelous Hair Salon is a small start-up business that will be initiated by making partnership. Salon will provide all hair related treatments, and the focus of business would be particularly on hair related treatments from cutting and styling to hair transplantation. A good vision statement is written as a future state and mission statement is a guide to company (Shattock 2010; Castleberry 2010; Knapp, 2013) Provide memorable and unique experience for the mission to be constant provider of fresh ideas and styles through keeping up the salon’s partners (employees) with current trends and educating them best practices; all is to exceed the expectations by maintain the highest standards

The United Nations and Colombia Essay Example | Topics and Well Written Essays - 2000 words

The United Nations and Colombia - Essay Example The Republic of Colombia, which achieved independence from Spain in 1810 and became recognized in 1819, joined the UN on 5th October 1945 (Borda & Castillo 3). It is among the present member states and is located on South America’s northwestern coast. The country has Ambassador Maria Emma Mejia as its permanent representative to the UN. This paper will research on how Colombia started in the UN, how it has maintained itself over the years as a member, its relations with the organization, and the past and current projects it has had with it. Briefly describing the UN, its system is basically structured on five key organs which include the General Assembly, the International Court of Justice, the Security Council, the Secretariat and the Economic and Social Council (Fasulo 14). The General Assembly resolves non-compulsory recommendations to countries and makes decisions on the admission of new member states after the Security Council’s proposal. The Secretariat, chaired by the UN Secretary General, provides administrative support to the other bodies, while the International Court of Justice decides and settles disputes between countries that acknowledge its opinions and jurisdiction. The Security Council’s key responsibility is maintaining international security and peace, and the Economic and Social Council coordinates social and economic affairs globally (Fasulo 15). To become a member state of the UN as well as a member of the UN General Assembly, the organization’s main deliberative assembly of w hich all member states are, Colombia fulfilled the obligations stipulated by the Charter. Part of the requirements state that although membership is open to all states, such states must be sovereign, peace-loving and willing to observe all obligations as contained in the Charter. Further, in conformity with the provisions of Article 4, Chapter 2 of the UN Charter, Colombia was subjected to the General Assembly’s decision after the

A Study Of The City Of Jaipur Environmental Sciences Essay

A Study Of The City Of Jaipur Environmental Sciences Essay The city of Jaipur, nestled in the rugged hills of Aravallis, popularly known as the Pink City, was founded in 1727 AD by one of the greatest rulers of the Kachhawaha clan, the astronomer king Sawai Jai Singh. The pink colour was used at the time of making to create an impression of red sandstone buildings of Mughal cities and repainted in 1876, during the visit of the Prince of Wales. The city is remarkable among pre-modern Indian cities for the width and regularity of its streets which are laid out into sectors separated by broad streets. Jaipur which means the city of victory was built exactly 273 years back and is 262 km by road from Delhi (Capital of India). A strong wall encircles the old city and even today has a suggestion of formidable strength; its function of protecting all within is obvious.   The plains of Rajasthan of which Jaipur is the capital once thundered and echoed with clash of swords and the drums of wars, Built in 1727 by Sawai Jai Singh-II, Jaipur was the first planned city of its time (the earlier planned city in northern India having been built near Taxila sometime in the 2nd century BC). Source: www.mapsofindia.com Jaipur was planned by Vidhyadhar Bhattacharya, a Bengali architect, who gave shape to the ideas of Sawai Jai Singh in a grid system with wide straight avenues, roads, streets and lanes and uniform rows of shops on either side of the main bazaars, all arranged in nine rectangular city sectors (chokris), planned on the basis of principles of `Shilp Shastra`. The city itself is an attractive creation worthy of universal admiration. The population size of the city is 2.5 million, as per Census 2001. The Municipal body was recognised in 1926 and a Municipal Act was in place in1929. Recently, it achieved the status of a Municipal Corporation and its jurisdiction spread over 64.75 sq.kms. The old city occupies 9.8 sq.kms. The average density of population works out at 38610 persons per sq km. amongst all the mega cities of the country, Jaipur ranks 11th with a total population of 2.3 million. It is one of the fastest growing mega cities of the country with an annual average growth rate of 4.5% whereas the national urban growth rate is only 2% as per Census of India, 2001. With its current growth trend, it is likely to supercede many other cities. Jaipur is thus a vibrant city. Earlier it was Urban Improvement Trust (UIT) who deals with the planning and maintenance part of the city but now it is Jaipur Development Authority (JDA) who deals with the planning and maintenance of the city. Historical Background: This section describes the spatial growth of Jaipur city since the time it was founded. The spatial growth pattern of Jaipur city is divided into four distinct phases which will enable us to understand the growth of city phase wise about the growth trends better. Phase I: 1727-1850 AD : The city was founded by Maharaja Sawai Jai Singh II in 1727 A.D, is one of the few planned cities of its times based on the principles of ancient town planning doctrine of Shilpa Shastra. The city conformed to the traditional walled city concept with the encircling wall and 9 entry gates. Jaipur walled city evolved as a grid-iron plan with the main road running almost east west along the ridge in the centre and the palace complex at the core. The buildings were built following a strict Architectural guideline. By 1734, the main markets of the town including various bazaars had been built. Hawa Mahal, the principle street of Jaipur, c. 1875Phase II: 1850-1930: During this phase, the city grew out of the confines of the walled city. The establishment of railway line in 1868 A.D fueled the growth of the city. During the Rajasthan Famine of 1868-69, Ramniwas Garden was constructed as part of the famine relief work. Modern water Works and Gas Works for lighting the city streets was also established during this phase. Phase III: 1930-1970 : In 1930s, five development schemes, Fateh Tiba, area south of Ramniwas Bagh, Ashok Nagar, New Colony in Jalu pura and Bani Park commonly known as A, B, C, D, E respectively were conceived to provide residential plots, land for public institutions and other amenities for the increasing population. Civil Lines area was developed primarily to house the Senior Government servants. Mirza Ismail (MI) Road was constructed as a ceremonial highway from Ajmer Road to Moti Doongri Road in the early 1940s. The Rajasthan University was inaugurated in 1947 thereby opening opportunities for the southward growth of the city. A sudden increase of population after partition was seen that was mainly due to the influx of refugees during this time. Jaipur then became the capital of Rajasthan leading to further attraction of administrative and economic activities. These factors led to increased development of residential areas to cater to the growing population. For instance, Bapu Nagar and Gandhi Nagar residential areas were developed towards south of the city. Development towards the Northwest of the city took place in the early sixties with the establishment of the Jhotwara Industrial Estate. Phase IV: Post 1970s: During the last 3 decades, the major growth direction has remained largely the same i.e., towards the southwest and northwest of the city. Spatial Integration of Jaipur city: The spatial integration of Jaipur city will be determined by the city land use assessment method changes in it can be analysed and the spatial planning tools techniques, which are responsible for the development also can be analysed. The land use assessment method will analyse the development and growth patterns in past as well as future direction of it. The land use of Jaipur city in 1971 has been compared with the existing land use in 1991 to find out the spatial analysis. Figure: 4.2.1 Landuse, 1971 Landuse, 1991 Source: Census of India, 1971 and 1991 Due to the lack of latest landuse data of city, the assessment is confined uptil the year 1991. There is a very sharp change in the some land uses like residential, public and semi public, and industrial sectors etc. The area under residential increased upto 62% in year 1991 while it was 51% in year 1971, under public semi public is decreased 17 % (1971) to 8 % (1991), also under circulation decreased from 17% (1971) to 12% (1991) but the area under governmental uses remains constant. In case of recreational area, also further decreased by 1% from 1971 to 1991, the area under industrial (7% to 10%) and commercial has an increase of 1%. JDA Land use constituentsThere are also 3 different constitutes in the Jaipur city named as: Walled city, the rest of Jaipur Municipal Corporation (JMC), and rest of Jaipur Development Authority (JDA) area. The largest proportion of all the developed land uses is concentrated in the JMC area and large proportion of undeveloped land is in the rest of JDA area  [1]  . In order to achieve spatial planned development, JDA prepared two master plans for the JDA area till now as a spatial planning tool. 1st Master Plan (1971-1991): The first master plan for 1971-1991 came into effect in May, 1976. It was prepared by the Town Planning Department under the Rajasthan Urban Improvement Act (1959). The master plan defines the objectives of the comprehensive development of the city along new 125 revenue villages Jaipur was proposed to be developed as major tourist destination for the horizon of 1991 and later it was extended for next years i.e.: till 1996. The proposals were made as follows: The Walled city Area: The population density was recommended as 700 persons per ha and other proposals were like tourist facilities, five star hotel in the Jal Mahal Lake shift of some industries from walled city area. Jaipur Nagar Nigam Area (JNN): The proposals were prepared for the additional areas in the periphery along the existing urbanized area and the proposals were prepared for residential, commercial, industrial and parks open spaces. There were also detailed proposals to develop whole sale markets industrial development by size, nature of the industries. Land use Analysis Existing vs ProposedThe proposals given in 1st master plan were not attained in various sectors. The variations in the proposed land use and actual land use which came up later can be seen. The area under residential sector was proposed as 52% but it increased up to 62% and there were decrease in the area under other sectors. There were other proposals which were proposed but the actual situation was totally different from them, are as followed: Due to the development of walled city as a CBD, the attraction of people to the central area increased traffic and congestion and pressure on CBD as well. The colonies and housing societies on outer skirts of the Jaipur city developed by private developers were lacking in proper infrastructure, amenities and the quality of services as RHB and UIT could not meet the housing stock. The concept of `working-living area relationship` and `Residential Area` couldn`t maintained in the city due to this fragmented development by private housing co-operative societies. Some of the commercial schemes could not implement due to the lack of suitable land acquisition and non-acceptance of organised commercial activities in the city. The industrial development could not attain according to the proposals due to land acquisition and presence of other activities like forest, redevelopment schemes etc. The principle of hierarchical development of residential, commercial and other facilities couldn`t achieved as per the plan due to haphazard development, violation of rules and regulations etc. The other proposals for facilities like medical, educational, recreational and tourism were also under same situation due to lack of land availability and acquisition, shift in the proposed locations etc. The next actions such as preparation of various plans like zonal development plans, functional plans, zoning and building regulations etc could not finalize due to the lack of successful implementation of 1st Master Plan. The analysis shows that there are serious gaps in the proposed and actual situation during year 1991. The reason for the wide gaps between them is a total violation of the proposals. There are several main factors which were also responsible for the non-implementation of the plan, are indicated below: Non availability of land with the Local Authorities (JDA and UIT) Lack of coordination among various departments in the city especially in case of UIT. As a result, it opened the doors for private co-operative societies and developers to handle the situation. Time delays in planning process like land acquisition by JDA due to the provisions of agricultural land conversion rules, ULCAR Act, 1976 etc. After the analysis, calculation of deviations between actual and proposed plan, JDA prepared the 2nd Master plan, to cover all those wide gaps and to achieve sustainable development of the Jaipur city for the horizon of 2011. 2nd Master Plan (1991-2011): The second Master Plan was conceived for 2011 for the Jaipur region and now its under proposals for the revision for the year 2021. This Master Plan was prepared in 1995 and came into force from 1998 under JDA Act, 1982. It covers the entire Jaipur region including new 6 satellite towns along with the Jaipur city. The total area of the Jaipur region is 1464 sq.km. the proposal of inner towns between Jaipur city and satellite tows to develop to accommodate the total projected population 42.2 lakhs by 2011. The proposed Master Plan proposed Jaipur region into 3 categories as: Rural Area, Ecological Zone and Urbanizable Area. Proposed Master Plan- 2011 Spatial Strategies for walled city: The second master plan has come up with strategies for each of the constituents of the JDA region. The spatial strategies for Walled City are described as:- No permission to be given for commercial complexes, shopping areas etc inside the walled city area. New building bylaws proposed for the walled city to reduce the density. Shifting of wholesale activities, traffic generating and intensive activities to areas outside. Parking would not be allowed inside the walled city on the main roads. The other tools and techniques like Rajasthan (State) Building Bye Laws, Rajasthan Urban Housing and Habitat Policy- 2006 and Rajasthan Conservation and Heritage Byelaws, 1961 etc were used in the spatial development of the Pink city. After the migration of people to suburbs/outer skirts which can be explained as a spatial contiguity, the concept of satellite towns becomes a spatial planning tools for the local authorities to integrate the spatial development of the `Pink City`. According to Master Development Plan-2011, there were 32 urban nodes which were catering the urban functions so 12 of them which were under Jaipur Urbanizable area, identified and selected as Satellite Towns and Inner Ring Towns to accommodate future population (7 Lakhs as per MDP-2011). These towns will function as urban nodes of Jaipur region and primarily characterised by principle activity like commercial, industrial and recreational etc. The new spatial planning tools and techniques like Zoning codes by introduction of Zonal Development Plans to achieve the most appropriate development of land in the context of development policies and land use proposals given in the Master Development Plan, Land use plan -2011 for Jaipur region (Urbanizable area). After the land use assessment of Jaipur city, the following section describes the aspects like housing, traffic transportation and heritage management to explore problems/issues arise in these aspects and other spatial planning tools techniques which were used in the spatial development of the city. Housing: This section assesses the housing situation of the city specifically in the walled city (Old Area) to understand the spatial integration in terms of housing. If we look at the housing scenario of the city, the number of houseless population has increased in the past ten years thereby indicating a housing gap. The data given in table below shows the clear picture as: Table: 4.2.2 Housing Scenario Source: Census of India, 2001. JMC Housing Stock: On the total housing stock the most predominant use is residential (75%) of the total houses and others are like shops and offices (15%), rest have very minor proportion in account of total proportion. The occupancy rate in the city was 7.2 % in the past decade while it has been seen that it was more in walled city and in the other areas of municipal boundary while it was less in JDA area. But now in days, occupancy rate is high at the periphery of the city because of migration of people from the inner area to the new area, townships, new developments etc. There are various factors behind the migration are like easier availability of land at periphery with different options like big plots, location etc, too much congestion in the walled city area and municipal area, land prices are very high in the central core etc. Housing Type Condition: The city overall has a relatively flatted development but within the walled city, only G+2 structures are predominant. Now in days multi-storeyed buildings can be seen in JMC and other areas of JDA. The housing conditions vary within the city. A qualitative analysis of housing conditions has been done for the walled city is described as: Table: 4.2.3 Housing Condition Source: CDP, Jaipur Source: CDP, JaipurHousing Supply: -The housing development in the whole city can be categorised into 4 types i.e. traditional housing, Formal housing and informal housing. The housing in the walled city is a type of traditional housing. The houses are around 100 to 150 years old and are built in typical Rajasthani architecture style. Mostly, the houses are two storied with decorated doors, windows and chhajjas (projections) etc. Housing Stakeholders: The total housing supply in the Jaipur is through six sources : JDA  [2]  , Rajasthan Housing Board (RHB), Private Developers, the Co-Operative societies, the traditional houses in the walled city the slums (kacchi bastis). In case of walled city, most of the houses come under traditional housing. The proportion of housing supply provided by all of these sources is given below as: New Developments in Housing: In the light of Rajasthan Urban Housing and Habitat Policy- 2006  [3]  , there are new developments which can be categorized as: group housing schemes, redevelopment schemes, flats of RHB and new townships at the outskirts of the city. In case of walled city, redevelopment schemes are taking place, and under these schemes individuals are allotted plots of an area 40 sq.mts  [4]  while JMC and JDA are responsible for the implementation process of redevelopment schemes. Problems/Issues in Walled City: There are various problems/issues related with housing in the walled city which are major concern for the authorities. These are listed as: Most of the houses are very old like built around 100-150 years back and they are in dilapidated condition especially in the market area which are occupied by lower income groups (LIG`s). Most of the area of walled city is facing poor infrastructure facilities. Due to high population density, the houses are overcrowded with families leads to unhealthy living environment. Most of the housed occupied by Middle Income groups (MIG`s) and Lower Income groups (LIG`s) have no open spaces, houses are semi-pucca or kaccha, some of them are without toilets and electricity connections. Water supply is only through public taps or old wells only and the ventilation in the houses in not adequate. Missing of unique character (Pink Colour) in new housing developments of the `Pink City`. The housing problems/issues are also becoming prime concern in spatial integration of the Jaipur city especially in the walled city. The increase in housing demand and lack in housing supply by local authorities, use of spatial planning tools such as redevelopment/regeneration schemes in old (Walled city) areas, neighbourhood planning on the outer skirts through private developers, incoming development of slums (Kacchi Bastis) etc are creating a big threat for the spatial character of the `Pink City`. Traffic and Transportation: Traffic and transpiration is also an integral part of the spatial integration of the Jaipur city. As Jaipur is one of the metropolitan cities in the country with a population of over 2.5 million and is observed to be growing at very fast rate. Besides being the capital city of Rajasthan, the city of Jaipur is a major tourist centre in the country as well. Major portions of economic activities of the city are located in walled city area, spreading over 9.8 sq.kms. This area is, besides having heavily concentrated activities, a very important tourist centre and attracts tourists from all over the globe. The economic activities in the form of wholesale trade, commerce, household industries, administration and tourist spots generate heavy traffic to and from these areas. The limited road space of the area is congested with vehicular and pedestrian traffic. The shopkeepers and vendors also occupy the sidewalks and carriageways. Consequently the traffic in these areas is facing acute conge stion, bottlenecks and hazards. The environmental pollution as well as physical and visual intrusions are also some of the other problems increasingly faced by the residents and the visitors to the area. In case of transportation facilities, only bus service is operated throughout the city by public sector and the other modes are like private taxis, auto-rickshaws, animal driven vehicles, rickshaws, private mini buses etc are used as transport facility. The situation of parking in the walled city is also in haphazard condition. Parking demand in the walled city area is met mainly by roadside parking along all major roads and there is no major off-street parking facility. With the ever increasing parking demand the vehicles are parked in two rows on carriageways. Footpaths are also filled with parked vehicles. While there is heavy demand for parking, the limited enforcement of regulatory measures fails to control and manage the parking problems. The following pictures will describe the nature and extent of traffic, parking problems in the walled city. On street parking on the major roads of walled city Animals are very common for transportation of goods on Jaipur roads causes congestion slow traffic Street Hawkers/vendors along the roads in the walled city Mixed Traffic Problems/Issues in the Walled City: The pressure on the roads of walled city can be easily observed due to encroachments by on street parking, hawkers/vendors and excessive commercialization and mixed vehicular movement. There is a lack of proper traffic management system in the old area as well as in the whole city like no regulations on mixed traffic, no maintenance of signals junctions, animals are moving freely in the daily traffic etc. The public transport facility is also inadequate due to insufficient number of vehicles like buses etc. for transportation. Parking is also a major issue in the walled city due to lack of parking spaces and due to this, leads to other issues like on street parking, encroachments on the roads etc. The through traffic of National Highway (NH) -8 is creating problems in the city in terms of congestion, air noise pollution, The traffic and transportation system in the Jaipur city is still facing number of problems although various departments like JDA, PWD, Transport Department, RSRTC, JNN etc are in coordination with each other to solve the issues/problems related with it. The proposals in the layout of grid-iron pattern development as ring roads, bye-pass, Mass Rapid Transportation System (MRTS), terminals for buses and trucks etc are still in pipeline but Bus Rapid Transit System (BRTS) under JNNURM scheme as a spatial planning tool is a main achievement to the date to address the traffic problems in the city. Heritage Management: Heritage is a word which expresses the character of Jaipur city. The city is known as the `Pink City` which is very rich famous for its heritage culture. Due to rapid urbanisation, the new developments are coming but still the city has fascinating heritage from its earlier times. In Jaipur, all the historical buildings are described into three classes as: royal palaces forts, temples and museums. Each heritage building has different history and different characteristics. Most of the buildings are situated in the walled city area and others are in municipal area. The historical Buildings which are situated in the city are as: Walled City Area JMC Area City Palace Complex Amber Fort Hawa Mahal Amber Palace Jantar Mantar Jaigarh Nawab Sahib Ki Haveli Nahargarh Swargasuli or Isar Lat Motidoongari Maharani Ki Chhatri Jal Mahal Place Ram Niwas Garden Rambagh Place Albert Hall Gaitor Jagat Shiromani Temple Ghat Ki Guni So, there are 8 buildings which are situated in the walled city and 10 buildings are in JMC area. There are other historical components which has unique values. These includes like bazaars (Commercial area), water tanks, small temples and chabutras. These are 100-250 years old built. Besides this, JDA has identified total 300 historic buildings into the various parts in the walled city and categorized into different levels as per their area. The existing situation of the walled city is assessed on the basis of current status and condition of these historical monuments. The JMC bye laws are violated and traditional planning system has no use in the present time in the walled city. An existing situation analysis  [5]  shows it very clearly as follows: The Rajasthan Conservation and Heritage Byelaws, 1961 also guides about the conservation of historical properties and many agencies (Governmental, Private and NGO`s) are working towards conservation of those historical monuments but somehow these rules and regulations are also violated which threats to the unique historical character of the `Pink City`. Problems/Issues in the Walled City: Due to excessive commercialization, it leads to the major traffic congestion in the streets and the irregular construction of shops in streets; Chhajas (projections) in front of shops have disturbed the fabric of historical streets. The encroachments on streets also spoiled the character image of streets and led to congestion in traffic movement too. Due to lack of sufficient parking spaces, the on street parking becomes a major problem for the loss of cultural fabric of street traffic congestion. The maintenance and Lack of infrastructure facilities like water supply, sewerage, garbage collection and solid waste management in the inner streets also creates unhealthy environment which may disturb the character of inner areas. Due to the lack of rules and regulations for heritage walkways, they have lost their historical image. The maintenance of heritage buildings under private ownership is not adequate, and some of them have converted into modern buildings. The conservation rules regulations are violated in the walled city due to lack of co-ordination among different departments. Heritage buildings are treated as only commercial spots without the proper conservation and protection. As `Pink City` is famous for its rich heritage and historical background but due to lack of attention and awareness by local authorities and people, it is facing number of problems related to its heritage. Somehow planning officials included the conservation of historical monuments and developments of significant tourist spots as a planning policy and principle in the Landuse Plan-2011 but still there are other number of concerns regarding the heritage and cultural character of the city which should be addressed as well.

Technology Enhanced Classrooms Essay -- Internet Learning Papers

Technology Enhanced Classrooms The era of The Information Age is upon us as educators to access, explore, utilize, and implement the use of the Internet. as a wonderfully innovative and valuable tool to use in the classroom for the purpose of teaching our students through the exploration of a vast territory of endless information, experiences, interactions, and unlimited ideas known as the Internet. Purpose: The purpose of this paper is to present a variety of computer and Internet techniques that can be utilized into the Information Age classroom and curriculum as a tool for teaching and learning in modern educational systems. Technology Enhanced Classrooms The era of The Information Age is upon us as educators to access, explore, utilize, and implement the use of the Internet as a wonderfully innovative and valuable tool to use in the classroom for the purpose of teaching our students through the exploration of a vast territory of endless information, experiences, interactions, and unlimited ideas known as the Internet. The purpose of this paper is to present a variety of computer and Internet techniques that can be utilized into the Information Age classroom and curriculum as a tool for teaching and learning in modern educational systems. In order to effectively use the Internet, one needs to grasp basic computer techniques that will enable the transition from traditional classroom practices to that of technology enhanced methods that will be exciting for educators and students alike. As educators endeavor to follow standards, core content, lesson objectives, and the like, we often get caught up in the routine methods of presenting lessons. The Internet offers more data than could ever be obtained... ... continue to be presented concerning Internet skills. Using the Internet to enhance your classroom is a direction that will create an entirely alternate method of teaching. Utilizing the implementation of Internet skills into subject plan will increase the interest atmosphere within the classroom thus resulting in a higher-level of comprehension as a result of students actually being a part of their educational experience. References Barksdale, K. (1999). Internet concepts & activities. Cincinnati: South-Western Educational Publishing. Cashman, T. J. (1995). Learning to use microcomputer applications. Danvers: International Thomson Publishing. Maran, G. (1995). Internet and World Wide Web simplified. Foster City: IDG Books Worldwide, Inc. Weixel, S. (1997). Personal computing essentials. Indianapolis: Labreque Publishing Services.

Principles of Banking and Finance Essay

What does Sub-Prime Crisis means? Sub Prime lending which is also known as near-prime, non-prime and second chance lending, means lending to people who might have trouble repaying the loan due to income ability or credit ratings which previously would not have been available to them. Credit ratings that might be not favorable to them with the standards set up initially by Financial Institutions slowly dwindle to less strict under-writing of loans. which could also due to an influx of foreign capital making lending easier to these group of people, the investment banks that sold the repackage mortgages to the consumers which is one of the way to fund for capital, and the Housing Urban Development of America policy to ensure that its citizens has access to mortgage loans easily. The cheaper interest rate packaged by the Financial Institutions which seems more affordable for the consumer for the first 1 to 5 years and the thereafter interest rate would have jumped significantly. The loan s here generally referred to mortgage loans. The Crisis started or snowball into what it was in 2007 in my opinion was due to greed. Greed into thinking that the property boom would continue in perpetuity so that the borrowers could cash out more from their current property market valuation, with this cash out in terms of personal loan they could fund or finance their lifestyle be it buying a new property for investment purposes, to flip or for rental. For the luxury in life they choose to enjoy now, spending future money. As the economy slowed, jobs are being taken away from corporation in America to other countries which have a cheaper source of overhead expenses and manpower. People are being retrenched thus causing them to start defaulting on their loan repayments. A statistic done has shown that the American households do not have any savings but was laden with debt instead. The housing bubble burst, the market does not have that much capital as it used to have to continue to push property prices up anymore, thus causing the market to slow overall, foreclosures of their properties was happening. Consumers was also unable to obtain a refinancing which they had planned previously to lower their interest rate again when it went up, as financial institutions feel the pinched and controlled its lending. How did the Financial Institutions played a part in this? In the past banks have financed their mortgage lending activities through the deposits they receive from their customers. This has confined the amount of mortgage lending they could do. In recent years, banks have designed a new model where they repackage these mortgages to be sold to the bond markets. This has made it a lot easier to fund additional borrowing from the investors and interest rate was low. But it has also led to abuses as banks no longer have the incentive to check carefully the mortgages they issue to the lenders. The failure to check and curb lending in return for the possibility of profit was one of the causes. The first sign of the sub-prime crisis was as early as 2007 when HSBC Finance which is part of the banks north American subsidiary has to write off 880 million in sub-prime lending. The business has become unsustainable as borrowers started to default. The new model which we have come to know is known either as Mortgaged backed Assets or Collateral Debts Obl igations. The repackage mortgages are being sold to the bond markets, before they can be sold, credit rating agency will determine and give the model a rating. A credit rating for an issuer takes into consideration the issuer’s credit worthiness example its ability to pay back a loan, and affects the interest rate applied to the particular security being issued. These MBS or CDOs as it has come to know are usually marketed to countries which has a surplus in its balance sheet as it was generally known that Asians believe in savings rather than spending future money thus the products were usually marketed in Asia, It is allege that the rating agencies experienced from conflicts of interest, as they were paid by investment banks and other firms that organize and sell these structured securities to investors. If there are not to give favorable ratings to these products they risk the underwriter of these securities to another rating agency. It would be hard to sell these products if they are not being given a rating to begin with. Once they are sold the banks have in a way diverted part of the risk to the consumers. Investors should not rely too heavily on these ratings agencies opinions but instead carry out their own homework in the safeness of debt level as well as others related securities. Probably the opinions of the agencies enable them to get a conclusion, however based on past decade of event, it can only be consider as off base when it comes to the risk of credit event. Investors should try to put themselves in the shoes of the product pushers, asking themselves very important points like, why do you need to sell these products? Do you own any of these products yourself? If it is as good as you mention have the private investors bought and participated a substantial amount of their savings in it? Perhaps there need to be some form of intermediaries whereby no conflict of interest will affect their opinion and report of these products. A case study in Singapore itself which has made headlines during this crisis was the minibond saga which was being sold in Singapore by a couple of Financial Institutions. The originator of this series of structured products was the now defunct Lehman Brothers. The Minibond was being illustrated to the local consumer as a bond which is not the case it is actually a Collateral Debts Obligations. The relationship managers in banks are eager to sell the product because of the high commission and the consumer who are eager to buy because the returns are much higher than the fixed deposit being offered by the banks. An estimated of 500 million Singapore dollars was purchased for the Minibonds by consumers. It stirred a series of conflicts with the Financial Institutions that sold these products, the consumers cried fouled into being mis-sold of it, some of the consumers managed to get back part of their investment and vowed not to touch these structured products ever again. We can take a look back into the 1990s where one of the policy set up and enforce by the Housing and Urban Development of America, was one of the cause of the sub prime crisis. With the support of the government, HUD has less mortgage restriction requirements on its borrowers. The mandate was that Fannie Mae and Freddie Mac which was regulated by HUD, was to generate up to 8 million more homeowners in America. It was known as the â€Å"National Homeownership Strategy†. No down payment was required, 100% financing for the property was the norm. This was partly possible due to the influx of cheap money in the market, wit h this cheap money consumers speculated with the market, they kept buying new homes thus the good years of where the appreciation of the property keep going up. Financial Institutions dare to lend due to the market confidence that it can only keep going up, borrowers confidence that the market too can only keep going up. A check with HUD official website, apparently the US government is still supporting home ownership program without first addressing a stable income issue. Only with a stable income can a person make regular commitment to his or her housing loan commitment. Kudos to the Singapore government for taking appropriate actions during the last few years when their economy was recovering, the measures taken to prevent over speculation of the property market in Singapore. Homebuyers with the extra cash were snapping up properties, either for owner’s occupation or for investment purposes. The government either learned from the Sub-prime crisis or foreseen that if it continues the way it is going, a market crash might be imminent or the crash will be too fast and hard, no soft landing for the consumers. As they knew that property market have its up and down. Steps was taken, it used to be 90/10. Whereby the buyer have to come up with 10% cash and the remaining 90% can be financed through a financial institutions regardless of the number of property they currently owned. It was changed to 80/20 rule, 20% of which is the owner’s own cash an 80% through financing. Surprisingly it did not deter the consumers, the market still kept soaring. The next rule implemented was the 80/20 rule for first time buyers, meaning buyers without any current mortgage loan, for buyers with an existing mortgage which was not yet paid up; they are only eligible for 60/40. 60% financing for their new property and an increased in the stamp duty to be paid for to the government if it was their 3rd property for Singaporean. The hardest hit was the foreigners who are seeking to invest their money in Singapore properties as they have to pay additional 10% stamp duty which is likely to deter most of them. P rices still kept going up, the latest ruling was much more complex than the previous few. If one is looking at 80% financing one can only borrow up to the age of 65 years old and tenure of not more than 30 years. Which was not the case previously, in previous scenario it was dependent on different Banks guideline in Singapore, they could lend up to the age of 70, 75 or 80. They stepped in and put a cap at 65 as they believe that is the retirement age. If you want to extend your loan tenure your financing amount will drop to either 60% or 40%. I believe the government did this as they knew that the US is going ahead with Quantitative Easing 3, they want to prevent too much hot money from landing in Singapore shore. To sum up, we learned from our mistakes and grow not to make the same mistake twice. A healthy economy is based on real economic goods with value. Hopefully US can still continue to create innovative products like Apple and keep their manufacturing production in US soil, get employment rate up. The citizens have to maintain their expectations in terms of salary wise and spend within their means. Tighten up their way of lending and controlling Banks to a certain extent, a culture that is profit driven but with ethnics. Can heed the investment guru jim roger’s advice to focus on farming as there will be a food shortage in time to come. Induce good saving habits in everyone to save up for a rainy day. http://www.ethicalquote.com/docs/SubprimeMortgageCrisis.pdf http://news.bbc.co.uk/2/hi/business/7073131.stm http://en.wikipedia.org/wiki/Government_policies_and_the_subprime_mortgage_crisis http://www.washingtonpost.com/wp-dyn/content/article/2008/06/09/AR2008060902626.html http://www.thetruthaboutmortgage.com/mortgages-with-no-money-down/ http://www.telegraph.co.uk/finance/markets/2816291/HSBC-hit-by-sub-prime-crisis.html