Executive

In: Business and Management

Submitted By kratos786
Words 571
Pages 3
|Objectives | |
|Reduce energy |Reducing electricity use by 2%p.a |
| |Reducing gas use by 4%p.a |
|Embedding environmental sustainability in everything we do. |Focus on ways of carrying out recycling, reducing, renewal |
|Engage and inspire |This deals with an in depth analysis and coming up with ways to|
| |ensure that the employees, shareholder, suppliers and the opera|
| |house customers understand the environmental sustainability. |
|Keep accurate records |Recording resource use on a monthly basis. |

Assessment 2:- Part A

|ACTION ACHIEVED |ASSOCIATED TARGET |RESOURCE |TIMELINE |ACCOUNTABILITY. |
|Systematically review |A 2% reduction in |Finances |Year 1-3 |Regular monitoring of |
|energy efficient |electricity use from |Time | |the system. |
|opportunities in the base |baseline consumption | | | |
|building services, theatres|of 06/07. | | | |
|and offices. |A 4% p.a reduction in| | | |
|Seek funding in |gas using the…...

Similar Documents

Executive Compensation

...ARE TOP EXECUTVES WORTH WHAT THEY ARE PAID? Introduction “Republic Bank Executives getting million$- Workers Getting Crumbs!!”- This is at a time when Bank Directors fees are increased by 85 percent to nearly 1 million dollars in one year alone (Trinidad Guardian, February 25,2011). “While Republic Bank Biggies could look forward to a bigger parting gift than $10 Million and FATTER PENSION(BIGGER BANK/BIGGEST PROFITS=BIGGER GIFT/FATTEST PENSION) , a republic bank worker after 30 years service gets an average MONTHLY PENSION OF $2,400.00 and a pat on the back.” It is headlines like the one stated above that continues to bombard the media in recent times. Executive remuneration is one of the most hotly debated topics in the Human Resource (HR) world. Bergmann and Scapello (2002) argue that during the reign of Julius Caesar, centurions received attractive incentives. However, they stressed that longevity of an idea does not mean a lack of controversy surrounding it. In the aftermath of the financial crash and recession 2007-2009, the debate of the executive compensation again has surfaced to the forefront by the media and became the hot issue for academicians, researchers, regulators, policy makers and public. The purpose of this paper is to clearly discuss the issue of executive compensation by presenting arguments for and against it. While there has been an undisputed escalation in Chief Executive Officers (CEOs) pay and in comparison to the earnings of “average”......

Words: 1438 - Pages: 6

Executive Summary

...Case #19 Target Corporation Synopsis and Objectives . Scovanner, Target Corporation’s CFO, is preparing his thoughts prior to the November 2006 meeting of the Capital Expenditure Committee (CEC) as he considers the pros and cons of a variety of capital-investment proposals. During that meeting he will join other Target senior executives, including the CEO, to consider the merits of 10 capital-project requests (CPR), five of which are expected to require extra attention from the committee members. Each CPR is presented to the committee with a “dashboard” that summarizes the critical inputs used to compute the net present value (NPV) and internal rate of return (IRR). The dashboards also contain data about the type of investment (new store or remodel), market size, location, customer-demographic information, as well as the sensitivity of NPV and IRR to changes in various inputs. In addition to the factors influencing the economics of the CPRs, Scovanner cites such issues as brand awareness and the corporate goal of 100 new stores per year as considerations for accepting or rejecting the projects. Thus, the CEC is tasked with balancing corporate strategy with investment opportunities and profitability. The objectives of the case are the following: • To understand the capital-budgeting-decision process for a large corporation. Each decision process should support the corporation’s business and financial objectives. The capital-investment decision is important......

Words: 571 - Pages: 3

Executive Compensation

...Executive Pay Strategic Issues and Problems: As a result of the current economic crises, many companies are experiencing massive financial losses. These companies are reducing salaries and cutting peoples’ jobs while executives are maintaining high compensations. Using tax payer’s money, the US Government is assisting these financially struggling companies through the Troubled Asset Relief Program (TARP). TARP was created to assist these companies to ultimately allow them to survive and prevent massive job loss. Tax payers are concerned about executives receiving a high and unjust compensation in comparison to other non-executives whom are suffering from layoffs and compensation cuts. Executive compensation is controlled by the companies’ boards that in turn work under the Chief Executives. The US Government is intervening by proposing plans to regulate the compensation of executives in these financially stressed companies. Evaluation and Analysis: Compensation of executives is not regulated or monitored effectively. Executives have the ability to use deceptive and manipulative practices to achieve higher unjust compensations. Boards justify the high compensations as rewarding performance, which is contradicting considering the financial status of these companies. People are becoming outraged as many are losing their jobs and are receiving salary reductions while executives are still making millions. The US government is imposing executive compensation regulations to...

Words: 666 - Pages: 3

Executive Compensation

...The objective of a properly designed executive compensation package is to attract, retain, and motivate CEOs and senior management. Despite substantial heterogeneity in pay practices across firms, most CEO compensation packages contain five basic components: salary, annual bonus, payouts from long‐term incentive plans, restricted option grants, and restricted stock grants. In addition, CEOs often receive contributions to defined‐benefit pension plans, various perquisites, and, in case of their departure, severance payments It has been seen that the increase in executive compensation has far outweighed the rise of regular employee compensation the objective of this paper is to investigate the pay-for-performance link in executive compensation. In the context of executive compensation, an analysis needs to be undertaken both from an economic as well as a regulatory policy perspective. To provide a holistic understanding both global as well as Indian Organisations are considered for the analysis. From the economic perspective we look into the following • Executive Compensation and Agency Problem • Executive Compensation and Risk Management • The sensitivity of CEO wealth to firm performance • The relation between CEO incentives and firm value • Explaining CEO compensation: Rent extraction or competitive pay? From the regulatory and legal perspective • Regulatory controls as under o SEC o SEBI • Tax Code Changes o Tax Law 162(m) signed in 1993 of the Federal...

Words: 1768 - Pages: 8

Executive Protection

...Executive Protective Program Jon Orman Submitted to: Professor Timothy Bradley SEC594 Global and Domestic Security Keller Graduate School of Management Submitted: June 2013 Principle and Program Evaluation After an initial interview, concerning the principle and the company,, we can make a few recommendations as to the extent of the Executive Protection detail that will include the main client as well as his wife and two children. The principle, a CEO worth in excess of $100million, leads a company that has holdings in multiple countries. The company has mining operations in Africa, Asia, and Latin America. Typically, these countries have a rather poor track record of economic growth, and they can be treacherous for anyone that is viewed as “rich”. The indigenous people live in “below-poverty” conditions and therefore have been known to use violence and kidnapping, given the proper opportunities. It will be our job to make sure no one gets a proper opportunity. The CEO is quiet, reserved and does not spend much time in the public eye. He rarely gives interviews and is not readily recognizable by the general public. His reclusiveness can be used to our advantage, as he is not a mark that can be easily identified to others outside the inner circle. Not much is known about the wife’s rituals and habits. We shall assume that she will have the same personality traits and habits as her husband, quiet and reserved. The only information......

Words: 1068 - Pages: 5

Executive Compensation

...EXECUTIVE COMPENSATION 1. HOW IS IT DETERMINED? Executive compensation generally consists of a mix of four components: - Annual Base Salary - Annual Incentive or bonus plans tied to short-term performance measures. - Long Term Incentives consisting in a mix of restricted stocks, stocks options and other long-term performance plans tied to shareholder return or financial performance. - Benefits plans. As a rule of thumb, the base salary constitutes 30% of total compensation, the annual incentive another 20%, the benefits about 10% and long-term incentives or the wealth creation portion of the compensation about 40%. Indeed, before the financial crisis, there was a lot of board attention to improving the relationship between pay and performance. As boards sought to achieve pay for performance, one outcome of the trend was to place more emphasis on performance vested restricted stock for the top executives. Thus, an increased portion of executive compensation was primarily tied to what, in the long term, most institutional investors tend to focus on: long-term performance as measured by total shareholder return or performance metrics that drive shareholder return. 2. SHOULD EXECUTIVES RECIVE STOCKS OPTIONS? Supporters of stock options say they align the interests of CEOs to those of shareholders, since options are valuable only if the stock price remains above the option's strike price. Stock options are now counted as a corporate expense (non-cash), which impacts......

Words: 977 - Pages: 4

Executive

...that found no dumping of steel tube for the oil and gas industry from South Korea, although preliminary duties were set on imports from countries including Turkey and Vietnam. 2. Philippines sets dumping duty against Turkish flour Source: www.tribune.net.ph Thursday, 24 April 2014 00:00 The Department of Agriculture (DA) has imposed dumping duty on Turkish wheat flour exports to the Philippines. The dumping duty, which will be in addition to the seven percent regular import duty on flour, is as high as 21.79 percent on hard flour for bread, 39.26 percent on biscuit flour and 35.21 percent on soft flour which is used for pastries and cookies.  DA issued the order on April 21. Lauding the DA action, Ric Pinca, executive director of the Philippine Association of Flour Millers (PAFMIL) said, “the decision made by the DA to impose dumping duty on Turkish flour is pro-Filipino, pro-fair trade and pro-Philippine labor which is in danger of losing their livelihood to Turkish laborers producing flour products  dumped in the Philippines.” Pinca said the Philippine wheat flour milling industry has been in the receiving end of unfair trade from Turkey with its cheap subsidized flour being dumped at much lower prices here.  With the government seeing the truth of dumping behind the veneer of very strong Turkish lobby, the Philippine industry can at last breath a little, to say the least. According to PAFMIL, the local flour milling industry still has to......

Words: 2576 - Pages: 11

Executive Summary

...The executive summary is often considered the most important section of a business plan. This section briefly tells your reader where your company is, where you want to take it, and why your business idea will be successful. If you are seeking financing, the executive summary is also your first opportunity to grab a potential investor’s interest. The executive summary should highlight the strengths of your overall plan and therefore be the last section you write. However, it usually appears first in your business plan document. What to Include in Your Executive Summary Below are several key points that your executive summary should include based on the stage of your business. If You Are an Established Business If you are an established business, be sure to include the following information: • The Mission Statement – This explains what your business is all about. It should be between several sentences and a paragraph. • Company Information – Include a short statement that covers when your business was formed, the names of the founders and their roles, your number of employees, and your business location(s). • Growth Highlights – Include examples of company growth, such as financial or market highlights (for example, “XYZ Firm increased profit margins and market share year-over-year since its foundation). Graphs and charts can be helpful in this section. • Your Products/Services -- Briefly describe the products or services you provide. • Financial......

Words: 422 - Pages: 2

Executive Summary

...EXECUTIVE SUMMARY Executive Summary stated the problem analyzed in the feasibility study and the company objectives supported by the study. This also includes the expected cost and benefits, anticipated risk that the company may encounter and the scope and limitations of the study. Statement of the Problem Each aspect would have several problems to determine the feasibility of the study. For Marketing aspect, the problem would be the form of strategies to be used to execute the feasibility study. The problem for technical aspect, would be the steps in production, operation and purchasing process. For management aspect, is how the company personnel deal with their task. The cost and projected sales of the product would be the problem for financial aspect, and the environmental implications of the study for socio-economic aspect. Objectives of the Study The main objective of the study is to solve the several problem of each aspect: To identify the strategies applicable in execution of the feasibility study. To determine the steps in production, operation and purchasing process. To determine how the company personnel deal with their task effectively. To know the cost and projected sales of the product and to site environmental implications of the study. Expected Cost and Benefits The business capital is Php 10,000.00, where the proponents assumed that this capital will be easily return in just a short period of time through good cash management. Through this proposed......

Words: 500 - Pages: 2

Executive Summary

...Executive Summary Nancy Rodriguez Grand Canyon University NRS-451V September 28,2014 Executive Summary Patient education is crucial to improve quality of patient care, increase healthy behaviors and improve health status. Nursing and patient interaction plays a very important role, and part of a nurses’ job is to educate the patient (Ferguson et al., 2013). Educational programs such as nursing groups would be of great benefit to implement at Aurora Behavioral Health facility. The following content will provide the purpose, target audience, benefits and more details on why implementing this programming will benefit this facility and improve quality of care. Purpose of Programming The main purpose of this programming is to improve patient health and slow down disease deterioration. This also gives the patients a chance to express some of their worries or concerns regarding the treatment or medication they are getting. This type of population already has a challenging time understanding their own condition and or state of mind, not all of them but most of them since they are mentally challenges due to their psychotic disorder. This programming also serves the purpose of nurses developing a therapeutic relationship with their patients, often times nurses will be able to pick up if there is a change in behavior, which can become a very important hint when related to a patient that is severely depressed. Overall increased customer satisfaction is the end goal. Target...

Words: 921 - Pages: 4

Executive Summary

...Memorandum To: Professor H. From: V Feliciano Date: 11/27/2014 Subject: Executive Summary- “Teaching Smart People How to Learn” by Chris Argyris, Harvard Review The purpose of this summary is to explore the importance of learning in the corporate world. Much of the business success largely depends on learning; however, this resource tool has shown to be problematic for some. High commitment workers need to consider their behavior critically, identify possible ways they unintentionally contribute to the organization problems, and learn how they can solve these issues. Looping: A Defense Mechanism? In order to understand the learning process, such terms as “single loop” and “double loop” were created to understand the differences between the two. Most highly–skilled professionals are very experienced in “single loop” learning. The reason stems from the fact they have spent most of their lives obtaining academic success, mastering one or a few knowledgeable disciplines, and applying those disciplines to answer real life problems. Whereas “double loop” learning explores other opportunities to resolve a problem with a shared perspective all while leaving bias thoughts and opinions out of the equation. These facts alone help explain why workers are horrible at double-loop learning. Because many workers are almost always successful, they rarely experience disappointment. Therefore they act defensive, disregard criticism, and place the blame on others but......

Words: 757 - Pages: 4

Executive

...MAN3503-Strategic Management IKEA Case Study Sharleen Suwaris-SUSND11 Sharleen Suwaris Executive Summary The following is an analysis of the IKEA case study found in the Strategic Management Text book. This analyses the strategies used by IKEA to gain competitive advantage in markets outside its original area. The report begins by providing a background into IKEA. It studies International Business Level Strategy and the three international corporate level strategies. The case study goes into informing its target market and pricing strategy, which is already discussed. This case study further says how different people in different parts of the world thinks about IKEA, how elegant their designs are and how affordable for them to purchase IKEA products. Some of IKEA’s main markets are in three of the fastest growing markets such as Russia, US and China. IKEA store bring out products such as furniture to small product like a scented candle. IKEA has over 1300 suppliers in about 53 countries. They further have 12 full time in- house designers with 80 free lancers and other production workers to identify the correct raw materials and produce products efficiently and cost effectively. Primarily, IKEA produced standardized products however; this international strategy did not work for one of its vital markets that is, US. Therefore, they had to emphasize on taking corrective actions. The report also analyses the entry methods used by IKEA and its sustainability. IKEA......

Words: 1073 - Pages: 5

Executive

...prevent “burnout” within amongst the team. Overworked teams make mistakes and produce low quality. Quality can be very relative and subjective. In order to take out the subjectivity from quality measurement, the team can be asked to work together and come up with tangible metrics to measure the quality of all the technical deliverables that are worked on. This will serve in obtaining an unbiased and tangible view of the progress made on any of the technical deliverables and measure readiness of the solution that is being worked on. In general this same process can be applied to the processes used for setting up the new computers, document servers, shared drives, FTP sites as well as the web-based meeting software environment. Task C Executive Summary Xemba Translations has decided to allow 173 telecommuters. This report gave insight to several risks and suggestions made how to manage them. These risks must be watched closely throughout the project, then controlled once the project is completed. The company needs to carefully watch the employees and client information and makes sure there are proper safety measures in place at all times. The reputation of the company can be seriously compromised if there are not suitable IT security measure in place at all times. The three problems facing the project are over budget, overtime and threat of quality being compromised in order to complete the project. These are being managed by using earned valued and actual cost analysis.......

Words: 4238 - Pages: 17

Executive

...suppliers and EPCGlobal to generate advance ship notices for supplier shipments based on RFID reads. January 2006: Supposed deadline for the “next 200 suppliers” to begin sending some tagged product to some DCs, though relatively few do in any meaningful way. March 2006: Wal-Mart says it is working on two “proof of concept” pilots for using sensors along with RFID tags to track produce and environmental temperatures as the products move along the supply chain. April 2006: Wal-Mart says it will phase out the use of Gen 1 tags by in favor of Gen 2 by mid-year, saying it will no longer accept the use of Gen 1 tags on the cases and pallets it receives from its suppliers after June 30. April 2006: Linda Dillman leaves as CIO to take an executive role in Human Resources. Rollin Ford, previously head of supply chain and logistics, becomes CIO. Ford subsequently takes a much lower profile approach to RFID. September, 2006: Wal-Mart announces that by January 31, 2007, another 500 of Wal-Mart's 3,900 stores will have RFID readers installed. If it happened, that would bring the total of RFID-enabled Wal-Mart stores up to 1,000. February 2007: The Wall Street Journal runs an article entitled "Wal-Mart's Radio-Tracked Inventory Hits Static." The article says, "Wal-Mart Stores Inc.'s next leap forward in ultra-efficient distribution is showing signs of fizzling," given a lack of internal progress in rolling out the technology and a lack of value for suppliers. Rollin Ford writes......

Words: 8087 - Pages: 33

Executive Compensation

...Regulation of Executive Compensation and its impact on the stability of the financial system | | Introduction In corporate circles, the financial crisis and its effect on companies is sometimes illustrated as a systematic phenomenon in which there is no individual responsibility. Public discussion, on the contrary often assigns the blame of the crisis to bankers or managers, and suggests conclusions of salary reductions or individual liability in terms of losses. In this paper the implications of executive compensation surrounding the financial crisis will be debated. Firstly, the types of executive compensation will be discussed and the implications of them. Secondly, how executive compensation contributed to the financial crisis will be conferred and thirdly the legal improvements and current process will be analysed. To aid understanding, articles and examples will be used to emphasise the various views of economists regarding executive compensation. Non-Regulation of Executive Compensation Executive Compensation can be described as the monetary bonus, or the non-monetary benefits which an executive receives for their work in an organisation. Executive Compensation can be a highly motivating incentive to work more efficiently, thus benefiting the organisation and keeping the executive content with his contribution and performance. However, this compensation can have adverse effects where the executive does not have the organisations best interest in mind,......

Words: 2530 - Pages: 11