Risk Assessment on Oil Rigs

The main principle in the Offshore Safety Act is that safety and health risks for people that work on an offshore installation are to be assessed, minimised, and identified as far as it reasonably practical. Working on an oil rig is the most dangerous and difficult sphere; its working conditions contain a great range of risks and unexpected consequences. Luckily, many companies and the whole offshore industry are greatly concerned about this matter and much attention is paid to the risk assessment and management. Drilling rig belongs to the large range of equipment for drilling wells. The c ...

Supply Chain Management

The competitive advantage of any company depends not on how wide the company is, but on how effective and efficient its supply chain is designed and developed. Most companies dealing on Logistics business have come to focus on modern technologies in their supply chains. Some of these technologies include the Radio Frequency Identification (RFID) that has the ability to revolutionize the whole procurement processes, thereby eliminating inefficiencies that face the supply chain management. Some companies including DHL have adopted business outsourcing services from external partners to help redu ...

Strategic Management Process

Strategic management refers to the process by which organizations analyze, make decisions and take appropriate courses of action in order to create and sustain competitive advantage over their competitors and to achieve better performance. In my opinion, strategic management is the systematic analysis of external environmental factors such as political instability, level of competition in the industry and government regulations, and internal environmental factors such as high competence of workers and accessibility to resources that are likely to affect the operations and performance of an org ...

The Financial Analysis

Analysis refers to an evaluation of the company’s viability, stability and its future consequences. Financial analysis is the best tool to predict the future. Usually companies hire experts to predict the future of the entity. Mainly the experts emphasize on the past trends, ratio analysis and future consequences. To earn profits and facilitate the shareholders of the organization is one of the main prospective of the firms. From a shareholders’ point of view predicting the future of the organization which directly relates with their dividends, is what financial analysis is all about, but ther ...

The Leadership in Quality

Every leader cannot be the same. Everybody has different character and style, but a good one should have proper characteristics. The effective leadership is a special tool which draws the ability to behave like a leader. It means that every leader has to possess special qualities. To the author’s mind, a good leader brings out the best in his or her team. Therefore, the leadership traits are divided into 3 groups: people skills, behavior and attitude. The first leadership trait is positive attitude which properly consists of goal direction, self-motivation, insight and judgment, competence and ...

Self Exploration in Career Path

Self discovery and exploration is a significant process in determining a career path. Effective utilization of career assessment programs result to confident and reliable choices that adhere to ones dreams, motivation and passion in life. Psychologists have created career assessment tools that trigger career development that are important and enlightening. The purpose of the assessment test is to measure unique individual results in order to appropriately match them to rewarding careers that others with the same personalities have found beneficial and satisfying. Significant insight is achieve ...

Teamwork

This reflection paper is based on a project management position I held that exposed me to challenges of managing teams. The position taught me invaluable lessons that I will use in my new role as a manager for a domiciliary agency. Description One of my initial tasks was to interview 24 applicants and then form four teams of six in preparation for the job training. After conducting the interviews, I had a general idea of how each team should be composed to achieve balance and the right mix of personalities. On the day of induction, I passed out a personality test that further helped in alloc ...

Role of Risk in Adventure Tourism

Adventure tourism is a subcategory of tourism that is rapidly rising in popularity. Adventure tourism can be defined as a guided tour where the main attraction is an outdoor activity in nature, which is exciting for clients and may require specialized equipment (Buckley, 2006). The rapid growth of this kind of tourism is due to the desire for unique holiday or sporting experience. The adventure tourist has an enthusiasm for the activity that does not necessarily involve the environment. The natural environment where the tourism activity takes place and the tourism experience cannot, however, b ...

Organizational Behavior and Culture

In this discussion I’d like to present the organization that is not simply provides the health care but also advocates one of expat communities. A cited in Bender and Harlan (2008), The National Alliance for Hispanic is the first health-care oriented organization whose goal is to improve the physical and psychological condition of the members of the Hispanics in the USA. Founded in 1973 as the Coalition of Spanish Speaking Mental Health Organizations - an organization, that provided mental health support; it developed into the Alliance that involves a group of authoritative organizations. This ...

Culture is the most Important Issue

Business culture is not only a symbolic, traditions and a clothes style. The business culture is multilayered. It represents “a set of the most important offers accepted by the members of the organization, who receive the expression in the values, declared by this organization, set to people’s reference points of their behavior and actions transferred through symbolical means of a spiritual and material environment”. The main points of this culture are those ideas, views, values, which are divided by the corporators. They can be absolutely different and “they depend on what interests are th ...