Mergers Don't Always Lead to Culture Clashes Essay

Mergers Don't Always Lead to Culture Clashes - Essay Example The culture in MBNA shows a more laid-back, business-like and highlights a secretive organization. Employees at MBNA are accustomed to lavish lifestyles and the company offers high salaries and generous benefits. Among the perks available include private golf courses, corporate jets and yachts. Bank of America, however, operates on financial efficiency and values low cost approaches. Moreover, Bank of America expanded because of thrift and has managed to focus on size and smarts rather than speed. Bank of America is expected to encounter challenges as the bank attempts to integrate a culture that is totally opposite from the ideals being promoted by the company. The high salaries and benefits received by MBNA employees is one major issue. Although the salaries received by Bank of America employees are relatively competitive, the bank’s management has to decide what approach needs to be done to reconcile the gap. Lowering the salaries of MBNA staff will cause widespread demoralization. Maintaining the high salaries will also affect current Bank of America employees. This is a dilemma that needs to be taken into consideration before addressing the salary issue. Another aspect that requires focus is the perks received by MBNA employees. Bank of America will certainly reduce most of the privileges and to integrate the bank’s vision when it comes to spending.... Bank of America recognizes the culture of MBNA and how it has developed the organization. MBNA has been successful and Bank of America intends to ensure that the success will be sustained. Respect also drives Bank of American to be more sensitive and do consultations as to what needs to be changed and retained. The integration of MBNA in Bank of American required rigorous planning. Bank of America managers view MBNA managers as arrogant while the latter sees the former as bureaucratic. But these observations are part of the growing pains that Bank of American attempts to hurdle. Bank of America decided to adopt some of the practices in MBNA. The management also created new policies to satisfy both Bank of America and MBNA employees. The executive uniforms in MBNA underwent a hybrid phase change to suit the needs of both parties. Since most Bank of America processes are flexible, modifications are implemented seamlessly. The goal is to prevent clashes and satisfy the different culture s. Despite the adjustments, Bank of America remained firm on cutting costs and the high MBNA salaries were significantly reduced. Although some employees decided to leave, majority of the employees remained. Bank of American sold all but one of the corporate jets and donated the golf course to the State of Delaware. The bank maintains that there are other ways to compensate for the removed perks. The most important part is to ensure that Bank of America’s financial principles are followed but employees still enjoy the best rewards for their hard work. 3. Do you think culture is important to the success of a merger/acquisition? Why or why not? Most observers highlight financial impact, synergies and pipeline

Lack of Trust in the Media during the Swine Flu Pandemic of 2009 Research Paper

Lack of Trust in the Media during the Swine Flu Pandemic of 2009 - Research Paper Example If one doesn’t hear of any news in the media today, then it probably didn’t happen anywhere since the media are today as close to the society as every person is close to one another. While the media has acted as a great eye opener in various regions concerning various issues happening in the society, in some cases, it has acted as a center for deceptions leading people away from what the real fact is. This is when the process of information gathering and communications coupled with a lot of biases based on the real content of the matter. Gelders, Bouckaert, & van Ruler, (2007) define communication simply as the passage of information from one person to another and from place to place usually through a medium. The main content of the whole process is the message borne and the way it is delivered to the persons targeted. The entire process is a closed cycle comprising of basically four components; the sender, the recipient, the message itself and the channel used in trans ferring the message from one person or region to another. The content, urgency and the privacy of the information being passed across is highly dependent on the type of information/ message being transmitted. Mostly, information passed to the public has no privacy issues and is relevant to the time and the event of the time The media personnel have the freedom to reach and access information on any issue in any region of the earth making them the closest neighbor to any person everywhere on the earth’s surface. There has been a rising trend in the number of media houses in the world today as the number of consumes of their information increases over time and space. This has led to rapid competition of the various media houses represented everywhere on earth in terms of the greatest and most interesting news aired by them based on different topics. While some media houses have the capability to reach the international community with their news on a daily basis, some have conce ntrated on local news which they disseminate to the society around them. International news houses have a larger area of coverage and the information they pass has a wide array of audience and sources. Due to this, it is therefore very important that the most accurate information on various issues of life is passed to the right people at the right time. Hathi, (2009) asserts that his level of trust that the people nest on the media today is far much greater than it was before as public awareness and the rise in demand for knowledge increases over time and space. The rise in the level of public awareness on various matters of the society has increased due to the advances in technological development in various societies. Technology has as well played a very integral role in determining who gets what information at what time and in which region. Without technology, the work of passing information on a wide array of events and issues would not be easy as the information may be slow on transit or reach the intended persons when too late to generate any necessary immediate response. According to Congressional Management Foundation, (2008), the accuracy of the media is judged based on the content of the information, the timeliness and its regional access measured by the number of people listening to and receiving the news being passed across. H1N1, commonly referred to as ‘swine flu’ is a viral disease which spreads very fast over time and spac

Mergers Don't Always Lead to Culture Clashes Essay

Mergers Don't Always Lead to Culture Clashes - Essay Example The culture in MBNA shows a more laid-back, business-like and highlights a secretive organization. Employees at MBNA are accustomed to lavish lifestyles and the company offers high salaries and generous benefits. Among the perks available include private golf courses, corporate jets and yachts. Bank of America, however, operates on financial efficiency and values low cost approaches. Moreover, Bank of America expanded because of thrift and has managed to focus on size and smarts rather than speed. Bank of America is expected to encounter challenges as the bank attempts to integrate a culture that is totally opposite from the ideals being promoted by the company. The high salaries and benefits received by MBNA employees is one major issue. Although the salaries received by Bank of America employees are relatively competitive, the bank’s management has to decide what approach needs to be done to reconcile the gap. Lowering the salaries of MBNA staff will cause widespread demoralization. Maintaining the high salaries will also affect current Bank of America employees. This is a dilemma that needs to be taken into consideration before addressing the salary issue. Another aspect that requires focus is the perks received by MBNA employees. Bank of America will certainly reduce most of the privileges and to integrate the bank’s vision when it comes to spending.... Bank of America recognizes the culture of MBNA and how it has developed the organization. MBNA has been successful and Bank of America intends to ensure that the success will be sustained. Respect also drives Bank of American to be more sensitive and do consultations as to what needs to be changed and retained. The integration of MBNA in Bank of American required rigorous planning. Bank of America managers view MBNA managers as arrogant while the latter sees the former as bureaucratic. But these observations are part of the growing pains that Bank of American attempts to hurdle. Bank of America decided to adopt some of the practices in MBNA. The management also created new policies to satisfy both Bank of America and MBNA employees. The executive uniforms in MBNA underwent a hybrid phase change to suit the needs of both parties. Since most Bank of America processes are flexible, modifications are implemented seamlessly. The goal is to prevent clashes and satisfy the different culture s. Despite the adjustments, Bank of America remained firm on cutting costs and the high MBNA salaries were significantly reduced. Although some employees decided to leave, majority of the employees remained. Bank of American sold all but one of the corporate jets and donated the golf course to the State of Delaware. The bank maintains that there are other ways to compensate for the removed perks. The most important part is to ensure that Bank of America’s financial principles are followed but employees still enjoy the best rewards for their hard work. 3. Do you think culture is important to the success of a merger/acquisition? Why or why not? Most observers highlight financial impact, synergies and pipeline

Resume Essay Example for Free

Resume Essay If it has been more than three months since you attended an educational institution, please describe what you have been doing in the interval? As described in my resume, after receiving my Masters Degree at Columbia University, I have been working on various research projects. Immediately after graduation, I had great pleasure to work with Pr.  Doran Warren as Research assistant, researching urban conflicts around Wal-mart. This opportunity has given me an excellent chance to apply my analytical and quantitative skills in professional setting. Further, this research opportunity has become a solid ground for my own research efforts and interests that has resulted in developing and working on my first professional academic essay. During my time off since graduation I have also been provided with opportunity to work as a legal aid assistant for common ground in New Orleans helping families who have lost their homes and can’t afford to handle paper work and to pay lawyers who are needed to navigate the bureaucracy of property rights issues. Also I have been involved in my own community of Bronx New York, where I have worked as a Volunteer and Organizer educating my community about the upcoming presidential elections (the details of my duties are described in my resume).

Bull Riding injury Risks

Bull Riding injury Risks Toughest Sport on Dirt Bull riding is an extreme sport with serious life threatening risks but have little restriction in the safety equipment that is needed to protect these athletes. Hockey, football, and even baseball all have been mandated to wear safety helmet to protect them from injury. For newer extreme sports, like snowboarding and skateboarding, the use of a helmet is rarely debated anymore. Every time out of the chute, bull riders face danger as real as the horns, hoofs and hard heads of bulls that can weigh a ton or more.(usatoday) Professional bull riders should meet the same safety gear requirements as any other contact sport. Trying to hold on to the rope and not be tossed like a rag doll on a back of a bull for eight seconds is more dangerous than playing hockey or football, in which these sports require helmets. When it comes to helmets, this little piece of foam and plastic can save a bull riders life. Just training for this sport can be disastrous The nature of this sport is brutal and is not biased. Any rider can be hurt. Although helmets are fairly new and maybe uncomfortable head and spinal injuries can be prevented with their use. No athlete in any sport can stand repeated concussions. In bull riding there are three major times when head injuries can occur. A bull rider can be jerked tossed forward and slam his head on a bulls horns. If the rider reaches eight second dismounting can be hazardous. They could get their hand tied up in the rope that is around the bull and be stomped while trying to get the rider loose. A rider can be violently thrown in the air and dropped to the hard dirt. It is unpredictable how their head is going to land and absorb the shock of the impact.   It is common sense that we use our brain for thinking and day to day body functions, without it we would just be in a vegetative state Since we do all our thinking with our brains and our brains are housed in our heads, we should do everything we can to protect this valuable asset. Wearing a helmet should become mandatory soon. It only makes sense to protect something as delicate and vulnerable as ones head. Rodeo, a sport in which the cowboy hat is as much an icon as a bucking bronco, has been reluctant to require its riders to wear helmets.(Brown) Lee Akin experienced the consequences fist hand of not wearing a helmet. When a bull weighing nearly a ton stepped on Lee Akins head one year ago at an Alabama rodeo, doctors didnt think the four-time PBR finalist would live. (Godfrey)  Another professional bull rider, Jerome Davis, met his fate in the fall of 1997. He crashed into the bull. Davis was jerked back and hit his head against the animal. He  was knocked unconscious and fell to the ground head first. The impact caused a  fracture/dislocation of the seventh vertebrae at the base of his neck. The sixth vertebrae  exploded and shattered. He was paralyzed from the neck down.( Hollen) When it comes to injuries A study of nearly 2,000 professional rodeo events between 1981 and 2005 found that half  of all injuries occurred during bull riding. Knee and shoulder injuries are most common,  according to Downey, but most alarming are the head injuries. Concussions account for  nearly 9 percent of all bull riding injuries, he notes.( Rueters) Bull riders cannot miss an event even if their injuries are minor but need time to heal. When a bull rider gets injured and cannot compete, he falls down in his rankings, risking his title and income. So knowing that, they continue to compete with concussions and other broken or dislocated body parts. As for the cowboys who do wear a helmet longevity seems to be a common theme ( Geupel) We know the cowboy hat holds great traditions of bull riders. No doubt this symbol is very meaningful to all those who live this life. Before the event ride, after the ride and at all other times, is when the cowboy hat can be worn. Lets not lose our heads and start our children on the right foot with using a helmet from day one.

Macbeth Character Analysis Assignment: Macbeth Is Evil :: William Shakespeare

Macbeth Character Analysis Assignment: Macbeth Is Evil In Shakespeare?s play Macbeth, Macbeth is motivated to commit his evil acts by three forces. For example, the witches in the play give him the first idea that he will be king. In addition, his own ambition starts to take over later in the play. Lastly, Lady Macbeth pushed and forced him constantly to commit these evil acts. By listening to these evil forces, Macbeth commits evil acts which make him evil. The three witches in the play are a pretty big influence on Macbeth. For example, the witches tell him that he will be the Thane of Cawdor. ?All hail, Macbeth! Hail to thee, Thane of Cawdor.? (I.iii.47). This quote shows that Macbeth is confident that he will eventually be king. Also, the witches tell him none of woman born can kill him, therefore, making him feel invincible. ?The power of man, for none of woman born shall harm Macbeth.? (IV.i.79-80). This quote proves that Macbeth is becoming even more confident because he knows from the witches prophecies none of a woman born can kill him. In the end, the witch?s basically started out Macbeth?s ambitions to become king who makes him commit evil acts. Secondly, it?s Macbeth?s own ambition to become king. One way he proves this is by killing his best friend Banquo because he wants to keep the throne and the witches said Banquo?s sons shall be kings. ?It is concluded. Banquo, thy soul?s flight (III.i.144-145). This quote shows how Macbeth evil is taking over him. He kills his best friend and he starts to murder innocent children. ?He has kill?d me, mother (IV.ii.83). Although he regrets murdering Duncan, murder to Macbeth was not a big deal anymore. Lastly, Lady Macbeth is a huge factor in Macbeth?s evil acts. For instance, she is the one who really starts him off to kill. Lady Macbeth pushes Macbeth for her satisfaction of being queen .In addition to this, she constantly questions his manliness making him feel like a sissy/wimp if he doesn?t commit this act. ?What beast was 't then, That made you break this enterprise to me? When you durst do it, then you were a man.? (I.vii.48-50) This quote shows that Lady Macbeth is questioning Macbeth?s manliness by comparing him to an animal. Moreover, she tried to make Macbeth feel guiltless after he murdered Duncan. ?A foolish thought, to say a sorry sight.

Can women compete against men in Sports :: essays research papers fc

Can women compete against men in Sports The correct question is, "Can the very best women athletes compete in men's professional sports?" To answer that question we must look at the strength and size of men and women. When you match up men and women with the same lean body mass and size, the differences are small. However, absolute strength and size are not key factor i sports such as soccer and baseball. Baseball and soccer are games involving skills that are combination of timing, coordination, strength, knowledge of the game, strategies,control, competitiveness and desire. There are plenty of examples in major league baseball of the smaller but veryhighly skilled player who overcome disadvantages of footspeed, size, or strength to be an exceptional player. Most soccer player tend to be smaller then atletes in other sports, which is why in some many communitys men and women play on co-ed teams. The biggest disadvantage that women players will have to overcome will be the fact that they will be less experienced in playing baseball. Even though baseball and softball are similar games, the smaller size and weight ofthe ball, the longer pitching distances, base paths and field size and the subtle differences of the game will pose more disadvantages than physical size or ability differences. Women players need time to adjust to this new game with they want to compete with men. The only women playing men’s professional baseball isIla Borders. Border’s has pitched for three independent Class A Northern League teams in four professional seasons.She became the first woman to pitch in a men's professional baseball game on May 31, 1997 as a member of the St. Paul Saints. The southpaw made her trailblazing debut by facing three Sioux Falls Canaries batters at Sioux Falls Stadium in Sioux Falls, SD. At first people thought she was simply a promotional gimmick but over time she has proven herself as a good relief pitcher with a 1.53 ERA. When speck of whether women should plat men sports such as baseball, we most forget there was a time when females ruled the dimond. During world war two team owners started a league for women, to provent losing season profits. Women who played just as good as or better the men were brought in from all over the country and givin a chance tobe paid for playing the game they love. Although the league was adventully ended in 1954 due to the end of the war and growing lack of intrestest in the luegue .