Areas For Improvement And Make Recommendation Finance Essay - Free Essay Example

Sample details Pages: 4 Words: 1133 Downloads: 1 Date added: 2017/06/26 Category Finance Essay Type Argumentative essay Did you like this example? First, Return on Equity used to measure for a company and is very important because it compares it against its industry peers. In addition, return on equity measures companies performances and the higher the better. Thus, the higher the ROE, the more easily, the company will be able to raise money for growth. Don’t waste time! Our writers will create an original "Areas For Improvement And Make Recommendation Finance Essay" essay for you Create order There are some analysis of Net assets profit margins that the net assets profit margin indicated the profitability of investment by the owners, the higher the ratio, the higher investment gains. Net assets profit margin is to examine the level of corporate earnings, the total return on assets are not from the owners and creditors both sides to jointly examine the level of profitability of the entire enterprise. Besides that, we found that UMW Holdings Bhd is getting lower ratio in ROE. Therefore, its having the adjusted reasons that the listed companies have the motivation and behavior of profit manipulation. There are some ways to improve UMW Holdings Bhd, to raise the issue price, the issue of price-earnings ratio is restricted profit manipulation and manipulate the profits qualified for rationing. Earnings per share, Net assets per share and ROE truly reflect the profitability of listed companies, the key lies in whether the listed companies profit manipulation. Secondly, UM V Holdings may have to improve their current ratio by paying some debts, increasing their current assets from loans or other borrowings with a maturity of more than one year. Converting non-current assets into current assets and increasing their current assets from new equity contributions. Besides that, UMW Holdings Bhd also can putting profits back into their businesses. In addition, we found that Tan Chong Motor Holdings Bhd is getting lower ratio value in the measurement of Cash flow margin and acid test ratio. There are some ways to improve it by organize their billing schedule, stretch out their payables, take advantage of early payment incentives, balance their client base, check their pricing, dont buy all in one place, form a buying cooperative, renegotiate their insurance and supplier policies, tighten their inventory and consider leasing instead of buying. To improve the company function liquidity, Sweep accounts:ÂÂ  Use sweep accounts through financial inst itution. This will allow companies to earn interest on any excess cash balances by sweeping or transferring the funds into an interest-bearing account when the funds arent needed and sweeping them back to your operating account when the companies need them. Based on the analysis, UMW Holdings Bhd and Tan Chong Motor Holdings Bhd can implement this sweep accounts in their financial institution to increase their money liquidity. Overhead:ÂÂ  Overhead costs in a companys financial statement, thus lowering down overhead costs is crucial. Lowering overhead has a direct and huge impact on profitability. Indirect expenses such as Overhead expenses, including rent, advertising, indirect labor and professional fees, incur to operate the business outside of direct material and direct labor. Both companies UMW holdings Bhd and Tan chong Motor Holdings Bhd have to cutting out the overhead costs in order for them to increase the function liquidity. Unproductive assets:ÂÂ  Its tim e for UMW holdings Bhd and Tan chong Motor Holdings Bhd to get rid of unproductive assets thar the business is just storing. The only reason is money should spend on assets such as buildings, equipment and vehicles is to generate revenues. Accounts receivable:UMW holdings Bhd and Tan chong Motor Holdings Bhd have toÂÂ  monitor accounts receivables effectively to ensure clients were properly billed and receive prompt payments. Accounts payable:Tan chong Motor Holdings Bhd has the lower cash flow margin, thus they have toÂÂ  negotiate longer payment terms with their vendors whenever possible to keep money longer. Revenue Enhancement: Time to Market for Higher Value Product Expense Reduction: Enhanced Continuous Improvement Expense Reduction: Better Inventory Management Increase company income As a businessman, there is plenty of way to increase our income. Meanwhile, some ways take time while others are fast. One of the quickest ways to increase the profits is by branding your business. Creating a brand for a business can result in amazing growth. Consumers have more confident in buying products when the brand is known. Here are three techniques to help Tan Chong Motor Holdings Bhd and UMW Holdings Bhd. Make It Personal A company personality helps customers connect with you. But if a company do not have the personality on them, they will fail in conducting a business even they have the best product in the world. Consumers will give their trust much faster on a company when they can resonate with on a personal level. Plan Ahead In any aspect of business, have a long-term planning is very important whereby a company able to target their goals to achieve. Tan Chong Motor Holdings Bhd and UMW Holdings Bhd have their own goals setting throughout the three years. Watch the Competition Throughout the analysis, both financial statement of Tan Chong Motor Holdings Bhd and UMW Holdings Bhd are closely compare to each other. They have ti watch what their competitors are doing in order to surpass one another. The most important is keep an eye on how their opponents is approaching things because it is a big key towards success. Keep Your Focus When you make any decision in your business, keep your branding efforts in mind. If something you do does not fit well with the image you hope to portray it can do more harm than good. Staying focused will help to eliminate problems like these. These are just a few of the many simple steps you can take to increase your business income through the use of a brand. Branding a business really is easier than most realize and the profits from this one activity alone can mean the difference between a business that makes decent money and a business that generates profit even you never thought possible. Reduce the company debt/liabilities Business debt can be a good thing. It helps companies to establish their businesses, fund growth or invest for the future. However, if the level of borrowing becomes excessive it can lead to many problems, such as Insufficient of cash, Not having contingency to deal with unexpected costs, reducing the value of the business, reducing the value of the business, losing the confidence of stakeholders, inability to invest, reduced service/product quality. Furthermore, there are four basic strategies that can help companies out of excessive debt. First, reducing costs playing a crucial role in reducing dept. Secondly, companies have to increase their income in order to lighten up their financial dept. Besides, through the balance sheets it clearly prove that UMW Holdings have more debts compare to Tan Chong Motor Holdings Bhd, whereby there is a way to reduce the debt is by restructure liabilities. Lastly, raise more capitals in company financial.

Freedom of Speech and Expression and Responsibility Essay

Freedom of Speech and Responsibility No matter how fervently someone believes in the justice of his cause, suppression of the free exchange of ideas is failure at best or downright wrong. The power or might behind an idea does not make the idea right. Many powerful people throughout history have been wrong. Few people, if any, would judge Mr. Smith Goes to Washington to be subversive or wrong. In 1939 Ambassador Kennedy was so caught up in the fears of the times that he was willing to use the power of his money to protect the world against a film. When people are caught up in the movements of their time, all people must be extra zealous to guard and encourage freedom of expression. Otherwise, a mob mentality reigns, and people†¦show more content†¦Prisoners of war have described the mind control techniques of their captors, and the techniques center around allowing the prisoners to express only acceptable things. In fact, mind control is essentially controlling what a person says. George Orwell wrote a classic book, 1984, in which the plot revolves around the mind or expression control techniques of Big Brother. People who are not free to express fully what they are thinking are not free in their thoughts or lives. After all, dont we often form and solidify our thoughts as we express them? What is the counseling process except people finding personal freedom by expressing thoughts and feelings that have been repressed? How do people hide their repressive actions? They confuse such things as patriotism, loyalty, or duty with repression. Would a patriotic person ever knock his commander or the commander-in-chief, the President? They use legitimate exceptions such as national security to squelch the proper spread of information. Any time someones God given right to express himself is abridged, the people abridging that right better have clear and universally accepted reasons. Even God Himself does not abridge a persons right to express himself. 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How could social media, such as Facebook, allow a live airing of a murder and hold it as acceptable, or part of a first amendment right to freedom of speech and expression? With such issues in mind, Facebook should better censor or monitor their live newsfeeds to avoid further escalations of violence. One of the dangers of Facebook is the public can now view life as it happens, while allowing the authorRead MorePay Structure In The Entertainment Industry. Primarily,751 Words   |  4 Pages This makes it very clear, that there is barely any discrimination in the pay structure of a man and a woman. The media allots roles to the individuals as per the scripts made and the character required. Also, it pays an individual as per the responsibility and the role assigned. Article 14 of the Indian Constitution states that attaining equality in its literal sense is not possible, only proportionate equality can be attained. In the present case media makes use of â€Å"intelligible differentia† and

Explain to the Board of Director Free Essays

Explain to the board of director how he or she could use the talent management approach to improve his or her company’s performance? A talented work force is an employer’s most valuable asset. The talent, skills and contributions your employees bring to the workplace can make or break your organization. Company productivity and profitability depend almost solely on your work force. We will write a custom essay sample on Explain to the Board of Director or any similar topic only for you Order Now Therefore, retaining talent is extremely important to executive leadership and human resources departments. Activities related to talent retention are sometimes referred to as part of the talent management process. Some employers combine recruitment, selection and talent retention to achieve talent management goals:- 1 Identify your organization’s most talented workers. Employees with exceptional work skills, aptitude, interpersonal skills and desire for success are generally referred to as the most talented; however, employees who lack one of these attributes or need improvement in another area should not be ruled out. Talented employees also demonstrate traits such as high motivation, initiative and discipline. They are the ones who seek additional responsibility and have performance appraisals to prove they are dedicated to helping your company achieve success. 2 Review the performance evaluations of your most talented employees. Determine their strengths and areas for improvement; use this information to draft the outline for a discussion about the employee’s career aspirations. Don’t be discouraged if your meeting with the employee reveals career aspirations in another field. Taking the time to discuss this topic sends the message that the employee is a valued contributor. One of the reasons employees often cite for leaving a company is that they feel the company overlooks their contributions or doesn’t acknowledge their opinions. 3 Conduct a needs assessment to determine the training and development necessary to retain employees with the most promise. Include an assessment to determine training for employees who demonstrate aptitude as well. Consider conducting focus groups with supervisors, managers and executive leadership to determine the best way to keep talented employees satisfied and challenged. Review the job descriptions, duties and responsibilities of employees whom you’ve identified as the most talented. Re-read performance evaluations for professional goals of these employees and compare them to their current duties. If they don’t match very well, consider revising job duties or assigning more challenging work to keep them motivated. Talented employees who are dissatisfied with their current responsibilities look for o pportunities elsewhere. You can prevent their departure by offering opportunities that further develop their skills and prepare them for future roles within the company through human resources strategy and succession planning. 5 Recognize your talented employees with letters of commendation, tokens of appreciation or coveted roles within the organization. Employers can retain talent through very simple actions that demonstrate their appreciation for hard workers. Human resources best practices suggest recognition and, in some cases, employee rewards increase motivation and improve retention of talented employees. How to cite Explain to the Board of Director, Essay examples

Leadership and Communication Development Plan

Question: Discuss about theLeadership and Communicationfor Development Plan. Answer: Focused Drive Capability to focus on a goal that will help in the achievement of that goal. Component: Focus and Drive Experience Can be developed with prior training. It can be enhanced through more assigned tasks that will help in achieving the goal. Skills/Knowledge Time management Multitasking Setting the goals Task prioritization How/When Prioritizing the assigned tasks Developing the SMART goal Directing the time and energy Achieving the goal within a target period. Development Plan Focused Drive Capability to focus on a goal that will help in the achievement of that goal. Component: Focus and Drive Experience Can be developed with prior training. It can be enhanced through more assigned tasks that will help in achieving the goal. Skills/Knowledge Time management Multitasking Setting the goals Task prioritization How/When Prioritizing the assigned tasks Developing the SMART goal Directing the time and energy Achieving the goal within a target period. Conceptual Thinking It has the capability of conceiving and selecting the new ideas. Components: Innovation and big picture thinking Experience Capability of identifying the underlying issues Gained by going through the framework of an assigned task. It can be increased by facing the issues of more and more tasks. Skills/ Knowledge Experiment the ways of ideas Asking provocative questions Pushing the envelope Long-term thought Trust development How/When Dealing with the issues and experimenting the ideas Taking the situation into account asking the possible related question regarding creativity Focusing on the forces and the events acting upon the organization. Development Plan The quality of leadership is the essential element to have the control upon the organisation. The assessment of the leadership includes the five major areas of competencies. These competencies collectively make the leadership effective in an organisation. Also, an effective leadership has the inclusion of strategic thinking that refers to a cognitive activity that helps in producing a thought in the organisation (Hackman Johnson, 2013). The strategic management of the organisation involves the leadership along with the strategic thinking that acts positively for the future of the organisation. The development of the leadership quality in an organisation can get proved as highly competitive that can change the business landscapes. The competencies required for the development of the leadership qualities are the focused drive, emotional intelligence, conceptual thinking, building trust and system thinking. Each of the competencies of the leadership associated with particular type of b ehaviour or skills within the organisation (Johansson, Miller Hamrin, 2014). These competencies make the findings for an effective leadership along with that helps in developing strategic foresight for the capacity of the organisation. For that reason, an assessment of the leadership qualities prepared that includes the questionnaires. Those questionnaires do have a direct relation with the competencies of leadership. The thorough study of the questionnaire will provide an insight upon the areas of the strengths of the leadership along with those areas that need to develop. The study of the questionnaire will help in assessing the effectiveness of leadership in the organisation (Kahai, Huang Jestice, 2012). These questions in one way or other must be related to one of the competencies mentioned above. Therefore the questionnaire provided the questions with their respective scores as per the competency of the individual. That is the reason each of the competencies possessing their respective scores. These score a calculated from the given fifty questionnaires. Out of which the building trust or enabling others scored the highest point, i.e. 28 out of 50. The emotional intelligence and systems thinking scored the same amount of marks, i.e. 25 out of 50. The least scored by the focused drive and the conceptual thinking is 24 and 23 out of 50 respectively (Moore, 2016). In that situation, the observation from the scores of the questionnaires that the organisation needs much development in focused drive and conceptual thinking. With the development of which, there will be the enhancement of the effectiveness of leadership. As the two competencies, focused drive and the conceptual thinking scored less in the questionnaire. Therefore it needs to be developed. The focused drive is such a competency that focuses on the certain goals of the organisation and considers the steps required to achieve the goals (Kahai, Huang Jestice, 2012). There are some key components of the competency, namely, drive, focus and motivation. In this competency, the collaborative results of the three components help in enhancing the focused drive with enhancing the leadership. The term focus is the key component that has the ability regarding the determination of a particular target. On the contrary, the drive is the component that contains the ability to try hard to achieve the target. In both the processes motivation is the factor that plays a major role (Johansson, Miller Hamrin, 2014). The motivational activities along with the key components result in a high rate of enhancement in the focused drive. As the questionnaire sa ys there is the low score in the competency of the focused drive, therefore, it needs to be developed to achieve the enhancement in leadership. The focused drive competency majorly can be developed through development in the time management, goal-setting and the multi-tasking. In the initial phases, this competency is developed through the setting of SMART goals which will help in prioritising the tasks. This will enable the organisation to have the direction of its time and energy towards the specific target or goal of the organisation. Like for example, if any individual has aimed towards the increase in his or her reputation in the organisation then he or she must need to give some extraordinary efforts in the completion of the task before given period (Hackman Johnson, 2013). Due to which he or she needs to direct his or her time along with the energy that will help in prioritising the assigned task. The prioritisation will help the individual in meeting the given deadlines tha t will help in the increase in reputation in the organisation. The management of time is also an essential part which will help in achieving the tasks and meeting the deadlines. Apart from experience also counts its effects on the competency, as the experiences mostly gained from the skills and knowledge (Kahai, Huang Jestice, 2012). Similarly, the second competency that needs to develop is the conceptual thinking. It includes two of its competencies. The concept of conceptual thinking is the competency that acts through conceiving and selecting the ideas and thoughts of innovative strategies for the organization. The presence of conceptual thinking in the organisation brings up the new working procedures in the organisation. It comprises of its two key components namely the innovation and big-picture thinking. These two components make the conceptual thinking very active in the organisation (Moore, 2016). The innovation is the part that has the ability that would help in enhancing the ideas in the organisation. The enhancement of the ideas regarding the products and the services of the organization leads towards the bottom line success of the organisation. Similarly the second component, big-picture thinking can look at all the factors that are affected by the current situation of the organization. The conceptua l thinking in an organization enables the calculation of the people or events or the forces that are being affected by the scenario of the organisation. The increase in the conceptual thinking in any individual of the organisation will help the individual in detecting the issues that are hampering the growth of the organisation (Hackman Johnson, 2013). This will lead to the adoption of innovative ideas that will lead to the bottom line success of the organisation. The unwanted forces or the events that are hampering the growth will get eradicated with the broadening of the ideas on the situation. In an organisation, the conceptual thinking can be developed with the experimenting the new ways of ideating, by asking the provocative questions. Along with that, there will have the pushing of the envelope. In that process the individual in the organisation need to think long- term through which there will be the development of trust and the stand back in the organisation. These two comp etencies are to be developed to enable a strong and superior leadership in the organisation. It will also complete the strength that required for the future development of the organization. References: Hackman, M. Z., Johnson, C. E. (2013).Leadership: A communication perspective. Waveland Press. Johansson, C., D. Miller, V., Hamrin, S. (2014). Conceptualizing communicative leadership: A framework for analysing and developing leaders communication competence.Corporate Communications: An International Journal,19(2), 147-165. Kahai, S. S., Huang, R., Jestice, R. J. (2012). Interaction effect of leadership and communication media on feedback positivity in virtual teams.Group Organization Management, 1059601112462061. Moore, A. M. (2016).Communication and Leadership Styles Utilized by Mill Managers Compared to Front Line Leaders(Doctoral dissertation, GONZAGA UNIVERSITY).