Friday, May 29, 2020

Training in Aviva Life Insurance Management Sample

In the era of globalisation and industrialisation, the role of competent and efficient workforce is crucial for the success of any organisation, business, industry or society. In line with the recognised value of human resources, organisations worldwide demonstrated commitment to transforming their employees into high-performing professionals. In this vein, scholarship in organisational management emphasises the importance of setting up a learning-oriented culture and a climate of mutual support, respect and trust (Reed and Signorelli, 2011). As such, human resources managers are expected to embed the values of workplace learning and knowledge sharing among employees to facilitate their acquisition of new skills and abilities while accumulating expertise. Another important aspect of the present-day human resources management concerns sufficient staff preparation, education and training through various initiatives and programmes designated to facilitate and streamline employee profess ional development (Harrison, 2005). Aviva PLC is the leading insurance provider in the UK and one of the largest insurance companies in the world. Aviva group provides services in life insurance, financial savings, fund management, home, fire and auto insurance securities, properties, loan and mortgages. Aviva PLC operates in alignment with investment sales and gross premium incomes generated through successful activities across the globe (Plunkett, 2008). This one of the world’s largest insurance providers employs extensive staff to perform services and operations for the group of Aviva companies in the UK and abroad. The company’s UK workforce accounts for 21,000 members responsible for the productive and successful operation of insurance businesses. In this respect, Aviva life insurance recognises the need for developing and utilising an efficient human resources strategy to cover all people-related aspects. Precisely, Aviva human resources management encompasses staff inspiration and leadership, profe ssional development, recruitment, reward and incentives and talent retention (Aviva, 2017). Competent and sufficient workforce is in the core value of Aviva life insurance, which is reflected in various training solutions and reward systems practiced in order to increase employee motivation and operational productivity. Given credit to the existing empirical evidence of benefits associated with employee training and strategic management, Aviva invests in creating diversified educational and learning opportunities for its workforce as well as building effective human resources management capable to motivate, organise, govern and develop Aviva staff. Recently, Aviva has declared an appointment of a new director of UK human resources assigned to maintain and increase employee motivation and performance through various learning solutions and incentives (Aviva, 2017). Through this act, Aviva indicated its recognition of the need for strategic development and management of human resources as the primary means of facilitating business profitability and growth. Aviva’s commitment to innovation and technology is a well-known fact, which signifies the dependence of its organisational performance on individual employee’s skills and knowledge that require a regular update and upgrade. In this respect, Aviva life insurance assigns a considerable budget for human resource management to enable creation of various learning and development opportunities for the staff. Rewards play a vital role in Aviva’s strategic management of human resources to ensure high level of employee motivation to acquire new knowledge and skills for both personal benefit and organisational goals (Dewan, 2014). Complex systems of rewards and incentives serve to invoke a sense of self-value and confidence in one’s contribution to business development along with professional growth. References Aviva, 2017. UK: Aviva appoints UK human resources director. [Online] Available at: [Accessed 5 May 2017]. Dewan, A., 2014. Case study: Aviva. Human Resources, 28 July, [online] Available at: [Accessed 5 May 2017]. Harrison, R., 2005. Learning and development. London: CIPD Publishing. Plunkett, J. W., 2008. Plunkett’s investment and securities industry almanac 2008: The only comprehensive guide to the investment and securities industry. Houston, TX: Plunkett Research. Reed, L. and Signorelli, P., 2011. Workplace learning and leadership: A handbook for library and non-profit trainers. Chicago, IL: American Library Association.

Saturday, May 16, 2020

Nursing Theory Influences The Practice Of Nursing Practice

Introduction Nursing theory influences the practice of nursing in numerous ways that can have an important impact. Theory provides a framework to support and define nursing practice, support quality of patient care, and can be implemented in practice, to provide solutions to nursing practice problems. Applying theory to resolve nursing issues can be utilized in educational and research settings, direct patient care concerns, as well as in administration and management of nursing services. The benefits of applying theory to practice can be demonstrated by applying Jean Watson’s Theory of Human Caring. The theory can be described as an expanded view of self and person, caring-healing consciousness, intentionality to care and promote healing, caring consciousness, caring moments, unbroken wholeness, and advanced caring-healing modalities (Watson, 2008). The sections of this paper will be the introduction, description of the issue, application of selected nursing theory to the concern, and the conclusion. Watson’s Theory Applied to Staffing Issues The specific issue being presented is staffing issues on the inpatient clinical units. Supporting nurse staffing ensures quality nursing care for patients and can be a challenge for nurse managers and administrators. Failure to provide sufficient staffing numbers and compassionate nurse staff has been demonstrated to negatively impact patient satisfaction and patient outcomes. The nursing staffingShow MoreRelatedPhilosophy Has Influenced The Development Of Nursing1572 Words   |  7 PagesPhilosophy of Nursing Philosophy has influenced the development of nursing. Philosophy of Nursing promotes the application of nursing knowledge and helps develop nursing theory and knowledge. Nursing theories and philosophies of nursing influence each other. Nurses designed Philosophy of nursing to explain the beliefs, role, and interaction with patients. Philosophy is the application of one s knowledge to different situations that occurs when practicing as a nurse. It changes the identities, beliefRead MoreHistorical Timeline of Nursing Theories978 Words   |  4 PagesHistorical Development of Nursing Timeline Development of the nursing practice has e started as early as the 1850’s with Florence Nightingale. She was the founder of the first nursing theory. From her foundation over the years nursing has blossomed into a great career and practice to where nurses and patients both benefit from the advances in theories and practice. Theory is an essential part of the past, present and future of nursing. Timeline: (1860) Florence Nightingale: - FlorenceRead MoreHistorical Timelime1152 Words   |  5 Pagesevolution of nursing we begin to realize that the practice of today has been built upon 140 years of research that is responsible for the growth and development of evidenced based practice. This paper will explore several theories from Florence Nightingale to today’s theorist in sequence to visualize the development of our current nursing practice Each theorist has its own unique conceptual model that propels our profession to think differently when applied to our practice. Evidenced based practice is thereforeRead MoreNursing Timeline1137 Words   |  5 PagesHistorical Development of Nursing Timeline Historical Development of Nursing Timeline The 19th century marked the beginning of professional nursing. Florence Nightingale was the legend behind it as she began the struggle of nurses being recognized as professionals. It is hard to believe that nurses were once assigned to the job as a sentence for crimes committed or for the women who were too old or sick to hold conventional jobs. Nightingale’s focus included infection control, documentationRead MoreAssumptions. Nursing Theoretical Works Tend To Evolve Around990 Words   |  4 Pages Assumptions Nursing theoretical works tend to evolve around four metaparadigms notions. The metaparadigms are patient, environment, health and nursing practice. Nursing theory helps explain phenomena throughout nursing practice. Ideally, a nursing theory should be versatile, comprehensive and address the four nursing metaparadigms to successfully be implemented into nursing practice. Patient For this discussion, the definitive answer for being human is not limited to HomoRead MoreImportance Of Nursing Theory For Nursing Practice1383 Words   |  6 PagesThe Importance of Nursing Theory Alvin McDonald Chamberlain College of Nursing NR501: Theoretical Basis for Advanced Nursing Practice September, 2016 The Importance of Nursing Theory Nursing theory is the skeleton on which the profession and practice of nursing rests. It is a construct of concepts specific to nursing that shapes and guides nursing practice. Nursing theory can guide nursing practice by giving a particular focus to nursing practice (Algase, 2015). Nursing theory provides the foundationRead MoreCulture Care Theory And Application1713 Words   |  7 PagesCulture Care Theory and Application Nursing theory is foundational to nursing practice; however, there exists a reciprocal relationship between practice and theory. Through examining nursing theory, the nurse can make better-informed decisions about the patient’s care. In addition, the theory will influence the care for future patients as well. One theorist that changed the landscape of nursing is Madeleine Leininger. Her culture care theory changed the dialogue of healthcare regarding care. ThisRead MoreHistorical Development Nursing Timeline1331 Words   |  6 PagesHistorical Development of Nursing Timeline Christopher Vinson NUR/513 January 1, 2015 Historical Development of Nursing The historical development of nursing today is based upon the lives of many, their contributions, sacrifices and experiences. These things brought about renovations in patient care. Different ways of thinking led to research, theories and evidenced based practice. The importance of studying nursing history has led to overall progression of nursing as a profession. In orderRead MoreMy Personal Philosophy Of Nursing1053 Words   |  5 Pagesits rules, beliefs, theories, and principles. This aforementioned are the podium upon which the value and philosophies of the success of each profession is based. These philosophies and values do not operate in a vacuum. They influence the way which professionals carry out their day to day activities for maximum success. Consequently, Nursing and Nurses are not immune to the great influence of values and philosophies, be it at personal or corporate levels. This is because, nursing as a profession dealsRead MoreNursing Philosophy and Code of Et hics Essay872 Words   |  4 PagesThere are philosophical forces that make up and direct each nurse’s practice. Burkhardt and Nathaniel (2008) note philosophy as â€Å"the intense and critical examination of beliefs and assumptions (pp. 27). One incorporates knowledge and beliefs to make up their philosophical forces. Possessing outstanding philosophical forces allows one to be respectful, well rounded and possess good character. Some examples of ways one has been respectful towards another person’s beliefs are discussed in the next paragraph

Wednesday, May 6, 2020

Finance - 2742 Words

RSM330 Assignment 2 – Group Work Due: March 20, 2015 in class online Question 1: Fundamental Analysis (Total 20 Marks) a) i. These two companies are both in the Auto Parts and Equipment industry. ii. The auto industry sells discretionary goods, which consumers can afford to purchase more of in a booming economy. Therefore these companies stocks are cyclical since their price can be affected by ups and downs in the economy. b) |Magma |2012 |2013 |2014 | |Net Profit Margin |4.6% |4.5% |5.1% |†¦show more content†¦To obtain full marks you must answer correctly and keep your answers very brief, clear and to the point. (a) Fama and French argued that value stocks outperformed growth stocks because they were risker. The outperformance is explained by the excess risk that value stocks face as a result of their higher cost of capital and greater business risk. (b) In the early 1980’s and 1990’s, the performance of value and small cap stocks was very poor due to fact small companies were not as favored when compared to larger companies. Also the profitability of these small companies was much less in comparison to large stock companies. Although, value and small cap stocks were once again was making a comeback by the late 1990’s. Overall it is shown that value stocks consistently outperform growth, for example in 2000, when value stocks massively outperformed growth stocks. Where as, small cap stocks are not as consistent in outperforming large cap stocks. (c) DFA’s approach to trading small cap and micro cap stocks was taking on the selling demand of market participants. The reason they did this is because they faced liquidity problems. Therefore by buying large blocks of illiquid stocks they were able to remove the discount on the stock purchase and generate value for DFA and their clients. Question 3: Canadian Mutual Funds (Total of 40 Marks) a) | |RBCShow MoreRelatedFinance1352 Words   |  6 Pagesfinancial manager differ from the traditional financial manager? Does the modern financial managers role differ for the large diversified firm and the small to medium size firm? The traditional financial manager was generally involved in the regular finance activities, e.g., banking operations, record keeping, management of the cash flow on a regular basis, and informing the funds requirements to the top management, etc. But, the role of financial manager has been enhanced in the todays environment;Read MoreFinance1074 Words   |  5 PagesCORPORATE FINANCE COURSE CORPORATE FINANCE 2.1 Working Capital Management Sept. 2014 Ir Frank W. van den Berg mba Vrije Universiteit, Amsterdam ALYX Financial Consultancy bv, Aerdenhout FWvdB/2014 1 OUTLINE CORPORATE FINANCE FWvdB/2014 †¢Ã¢â‚¬ ¯ Basics Guiding principles †¢Ã¢â‚¬ ¯ Time value of money + Capital Budgeting †¢Ã¢â‚¬ ¯ Valuation of CF + Bonds †¢Ã¢â‚¬ ¯ Valuation of shares (+ co.’s) †¢Ã¢â‚¬ ¯ Financial Analysis (Ratios) †¢Ã¢â‚¬ ¯ Financial Planning (EFN) †¢Ã¢â‚¬ ¯ à  Ã¯Æ'   Working Cap. Mgt. (A/R,Read MoreThe Finance1054 Words   |  5 Pagesrequires intentional short-term and long-term planning. More importantly, in order for capital management to be deemed successful, it is required that all members of an organization are on board. â€Å"Capital budgeting is not only important to people in finance or accounting, it is essential to people throughout the business organization†lt; /spangt; (Block, Hirt, amp; Danielsen, 2011). As the duration of the investment period increases, and the size of investment increases, the residual risk also increasesRead MoreEquity Finance And Debt Finance823 Words   |  4 PagesStockholders are those entities who provide a company with the risk capital such as preference share owners and ordinary share owners (Freeman and Reed, 1983). Generally, stockholderis one of long-term finance providers with the aim to maximize their wealth.According toBrickleyet al. (1985), long-term finance provi ders are more likely to focus on the matter whether the financial structure in the company is sound or not and the durability of profitabilityrather than temporary profits that a potentiallyRead MoreFinance, Economics, And Finance Essay1245 Words   |  5 Pagesalso studied business, management, economics, and finance. These courses impressed upon me the importance of the financial sector in the economy. Finance professionals have the unique responsibility of managing assets and analyzing risks to ensure the future success of a company or organization. It is difficult to overstate the importance of this role, as the financial crisis of 2009 showed. It is due to my understanding of the importance of finance and investment, coupled with my longstanding interestRead MoreFinance : Finance A Carry Trade1144 Words   |  5 PagesIn finance a carry trade is a strategy that consists of borrowing at a low interest rate currency to fund investment in higher yielding currencies. (Moffett) Th e country in which the investors borrow from is called the funding country and the country where the investment occurs is called the target country. (4) Carry trade is also termed currency carry trade; this strategy is speculative in that the currency risk is present and not managed or hedged. (Moffett) Although there are several complicatedRead MoreFinance, Banking And Finance Industry2170 Words   |  9 Pagescomplete your transaction and move on with your day. The last thing on your mind is how that transaction is taking place. You don’t care what happens behind the scenes as long as your money is where it needs to be and is safe. As the banking and finance industry has transformed, so has the process of how your money is handled. To accompany those changes, regulators and lawmakers create laws designed to protect consumers, banks, and the economy as a whole. As you will learn, the history of the bankingRead MoreFinance : Finance A Carry Trade Essay1144 Words   |  5 Pages In finance a carry trade is a strategy that consists of borrowing at a low interest rate currency to fund investment in higher yielding currencies. (Moffett) The country in which the investors borrow from is called the funding country and the country where the investment occurs is called the target country. (4) Carry trade is also termed currency carry trade; this strategy is speculative in that the currency risk is present and not managed or hedged. (Moffett) Although there are several complicatedRead MoreFinance998 Words   |  4 PagesPlant Improvements Total Investments: total investment in plant and equipment brought forward from the Production spreadsheet. Sales of Plant and Equipment : total sales of plant and equipment brought foraad from the Production spreadsheet. Common Stock * Shares Outstanding: The number of shares of common stock in the hands of shareholders. Reflect any issue/ retire stock transaction at the beginning of this year * Price Per Share: stock price as of yesterday’s close. Stock will be issuedRead MoreInternal Sources Of Finance And Finance Essay2349 Words   |  10 PagesInternal sources of finance: Internal sources of finance are funds that arise from within the business such as profits as they can be retained to grow the finance and selling assets. Retained profit Retained profit is the money kept in the company after paying dividends. It is used to reinvest in the business or to pay debt. It comes by a business after it makes profit and is kept separate to use in other ways such as expanding the business by developing new buildings or certain areas, buying new

Tuesday, May 5, 2020

Long Distance Relationship free essay sample

Our story began in the camping Station (Greece). We have our first date on the beach at night we were like speaking about each other for 10 hours without to stop Suddenly we realized that we were born to be together. The next day I should leave and go back to my country. I said that all this which one happened was one summer adventure But actually I was wrong.After for two weeks dating on Keep, he told me l am going to mom to your place and to spend one week with you -l didnt believe. And yes. He came and we spend such a lovely time in one small town called Ride. .. We feel so good together And I was sure that I didnt feel something more beautiful from that before. The time was passing and twice a month we were seeing each other. We decided to try to be together and we said everything will be perfect if we are doing together You must to have faith!!Because distance was how we found each other and distance will never separate us emotionally, so its not going to be easy, its going o be really hard, were going to have to work at this everyday but I want to do that because I want him. We will write a custom essay sample on Long Distance Relationship or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I hate waiting, but if waiting means able to see him, Ill wait as long as forever to be with him. Like that pass and the winter we were in Bulgaria in the summer we were in Spain. Every moment spends with him was happy and full with love We were hoping that we will stay together that will come the day when all the time we will be together, we were speaking about our future. ..Then we were jack again with the everyday video calls but it became more special. We sometimes cry cozy were missing each other so bad but couldnt even hug but we both know that soon, we will be together and will never be apart from each other anymore We still together happy and if I lose him I dont know how I will live. .. Ill always be waiting till eternity with open arms. Hes the love of my life. I love him very much no one could ever replace him in my heart. I am so thankful, lucky and blessed.