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Why Smoking Should Be Regulated - 1293 Words

Smoking is one of the main causes of cancer and death in the United States. Any type of tobacco is harmful to the human body. When people smoke, they are suffocating their lungs thus changing the color of their lungs from a reddish pink to a greyish black in the long run. This color change indicates that the lungs are slowly dying; common knowledge amongst people, yet they still ignore these facts. These dangers to human health are the reasons why smoking should be more regulated. Smoking became popular in the late 1800s. People smoked dry tobacco leaves in cigars and pipes. Ojeda states in his article, Even before science established definitively that tobacco can kill you, people knew it was trouble (Opposing Viewpoints). They did†¦show more content†¦National Cancer Institutes Opposing Viewpoints). Along with cancer and death, smoking also leads to cataracts and heart and lung diseases. Some of the chemicals in these cigarettes are in things we use everyday, such as â⠂¬Å"hydrogen cyanide used in chemical weapons, carbon monoxide found in car exhaust, ammonia which is used in household cleaning products, and toluene which is a substance in paint thinners† (Espejo, Ed. Opposing Viewpoints). Today, adolescents and young adults are one of the highest class of smokers in the world, and out of all smokers, 4 out of 5 smokers in the world are males. Some young people think that smoking causes you to lose weight although there is no evidence to prove this idea. Some people do not bother trying to quit smoking because it makes them feel better when they â€Å"feel depressed, anxious, irritable, and restless†; it is a way of relaxation and escapism (Espejo, Ed. National Cancer Institutes Opposing Viewpoints). There is this new instrument used for smoking called an e-cig which most youths and adolescents are switching to because they think it is safer than normal cigarettes. However, they do not know that e-cigs have the potential to be just as harmful since there is not much research on them and their consequences. They are also bad because youths’ lungs are still developing, and the smoke is just hindering this process. Some

Strategic Development within NAB

Question: Discuss about theStrategic Development within NAB. Answer: Introduction National Australia Bank (NAB) has been serving the customers in Australia as well as New Zealand for over 150 years and have been providing assistance to their customers in managing their money. Currently, they have over 35,000 people who serve 10 million customers at over 800 locations in not only these two nations but also in other places across the world. The business has been built on the understanding their customers and in providing support to them. Being the largest banking business in Australia, they work with the large, medium as well as small businesses for helping them in starting, running and growing. They provide funding to some of the most vital of the community infrastructures which consist of roads, hospitals and schools in a manner that is innovative, inclusive and responsible. This report will discuss the strategic development of the bank, the past and present strategies applied by it, the business practices that have been criticised, conduct an environmental analys is and describe the organisational culture as well as the leadership style in the National Australia Bank. Strategies Applied by NAB The strategy of NAB was refreshed as a result of the changes occurring in the business environment. The current vision of NAB is to be the most respected bank in both Australia as well as New Zealand. It objective is delivering its shareholders with superior returns. In order to meet such objectives, the refreshed strategy has outlined three goals and the performance is measured against these goals. The goals of NAB consist of turning its customers into advocates, engaging its people as well as generation of returns on equity that are attractive. The strategy consists of focusing on the priority segments, delivering customer experiences that are nothing short of great and execute relentlessly as well as flawlessly. The people of NAB are the main enablers of the companys strategy and its ability in achieving its goals. While the strategies of NAB were developed, the risks as well as the rewards that were associated with the opportunities available were taken into consideration. This consisted of the markets as well as the customer segments in which the bank operates along with the source and also the extent of differentiation in comparison to the competitors. The external and internal environment which NAB faced was also taken into account. For the bank to realise its vision, it has to deliver on its strategy. The strategic priority customer segment thus partly focuses over the medium, small and micro business customers in the sector of Agribusiness and health industries. Constant innovations are being undertaken in order to simplify things for our 29,000 customers of the agribusiness. The focus is on the more attractive segments of customers and wherein the bank is in the best position of competing by considering factors like the size of the segment, return on equity as well as growth rates and the market share along with capabilities as well as performance. Active reweighing of resources has also been undertaken by NAB towards those business parts which provide support to the priority segments for not only strengthening their capabilities but also deepening the relationships that the bank shares with its customers. The Bank also has an understanding that delivering customer experiences that are great is critical in order to attain success in the priority segments and in face of the challenges as well as the opportunities that the external environment and the digital transformation has brought about. The focus is on making life simple for the customers, adopting innovations for them and developing deep relationships with them. The focus will be on execution with the aim of improving the way business is carried out and for managing change. It is progressing towards an organisation that is performance driven. It has been executing changes well, bringing about transformations in processes for speed as well as reliability and maintaining its foundations (NAB, 2015). Criticisms of the Business Practices Two of the business practices of NAB were at the receiving end of criticism in the past. In the first instance in 2002, the bank was accused of breaking an agreement which although unwritten was aimed towards restoring the tattered reputation of the banking industry. As per this, the plan of NAB for closing 56 branches in the rural areas ignored an understanding that was present between the top bankers club of avoiding taking such measures that would result in causing further damage to the public image of the banking industry. This has resulted in a community outrage against NAB which even prompted another bank ANZ offering NAB to purchase its branches. This happened at a time when the image of the banking industry was already quite weak. For the sake of earning profits in the short term, the banks risked its image. The outcome was that NAB said that it would be offering services in the towns that were affected by means of post offices (Sydney Morning Herald, 2002). The second business practice of NAB that came under criticism in the recent years were the revelations that the financial advice arm of the bank was involved in forging the signature of the clients as well as in file reconstructions. It was also involved in giving poor advice which resulted in compensation payouts for few of the clients. This is a way underscored the problem which was existing in the industry of financial advice of Australia (Ferguson Williams, 2015). The report also explained that in the previous five years, there were instances where the planners of NAB had not only forged the signatures of the clients but also manipulated the files of the clients in order to cover up their poor compliance. Certain major incidents were ongoing. The bad behaviour on the part of the banks financial wing was detected as a result of the complaints that the clients lodged and also the queries that were out forward by the regulators. This business practice enraged the staff and they came to belief that the bank was still fostering profit over everything else.The outcome of this business practice was the suspension, termination and resignations of 31 financial planners of NAB as well as the aligned advisers in the last two years as a result of inappropriate advice, conflicting interests, practices that were inappropriate and serious repetition of breaches in compliance. 6 more people were sacked from an advice network owned by NAB Meritum which had 11 0 planners. It also led to calls for broader reforms in order to protect the consumers from the advisers who are unscrupulous (Ferguson Williams, 2015). Environmental Analysis for the Involvement of the Organisation in the Context of the Industry that it Operates In A massive overhaul in the financial system of Australia has been introduced with the aim of acting as a bulwark for securing the system in case there is shocks in future like a financial crisis on a global scale. The aim is ironing out the several competitive inequities which exist in the system that result in disadvantages to the regional banks that are smaller and at the same time also acknowledge the fact that the financial landscape is being changed by the digital revolution and is bringing in new entrants which have to be accommodated inside the regulatory framework (Knight, 2014). The banking sector has over 60 commercial banks. The central bank is the Reserve Bank of Australia which is at the apex. For safeguarding and improving this sector a number of reforms have been implemented by the Government. This has resulted in increased number of banks. At present the banking system in Australia is among the most developed worldwide. The country has a substantial bank-based development of the financial sector through the years by means of reforms which have increased the strength of the institutional framework. However, challenges exist in the form of exposure and concentration (Nyasha Odhiambo, 2013). Swot Analysis of NAB Strengths Brand name is strong It is among the leading financial players with products as well as services which are diverse. The bank has a good revenue as well as interest income It offers financial services in personal as well as business categories Weaknesses The decline that has occurred in revenue is having an affect on growth Absence of global acclaim Opportunities It can expand into other nations Diversification of portfolios Centre for asset management JVs and acquisitions Threats Stiff competition faced from other market players Changes in the rules and regulations of the Government and financial crisis Organisational Structure and Leadership Style at NAB The NAB recently made announcements regarding changes in its organisational structure and also in its Executive Leadership Team in order to drive constant emphasis on its businesses in Australia as well as New Zealand. According to the CEO of the NAB Group, Andrew Thorburn, the successful demerger along with IPO of Clydesdale Bank which took place in the early part of 2016, and also the 80% sale of the Life Insurance Business almost in the completion phase, the time was right was driving into the following stage of changes in the organisation. Such changes are expected to usher higher degree of momentum as well as energy to the goal of the organisation to be customer focused and more simple. It would also assist the organisation in delivering both the shareholders and the customers with better outcomes (NAB, 2016). The organisational structure consists of an executive leadership team which is headed by the NAB Group CEO Andrew Thorburn (NAB, 2016). The organisation is highly passionate about its values as they help in capturing the essence related to their aspirational culture and are a reflection of their deep care for the way of doing things. They provide guidance to the behaviours, actions and decisions while interacting with each other, the communities and the customers. The values that act as guiding principles in inspiring them for meeting the customer needs and achieving the strategy are as passion for their customers, a willingness to win, being bold, respecting people and doing the correct thing (NAB, 2016). The leadership style of NABs Chief Executive Andrew Thorburn is participative. He is seen many times to use blunt language that is mostly avoided deliberately by the other business leaders. However, his focus has been on the people all through his career and has the experience of leading a large organisation on markets that were mature (Yeates, 2014). He has the capacity of quietly motivating his staff although he himself maintains a low profile. He believes in developing a strong culture of leadership (Eyers et al., 2014). The leadership style which is participative places value on the inputs that the team members provide. However, the responsibility of taking the final decision is that of the participative or democratic leader. Such a leader boosts the morale of the employees as employees contribute to the process of decision making. In case there are changes that are required to be made in the organisation, such a style of leadership assists the employees in accepting the changes easily as they have been a part of that change process. Such a style is able to face challenges when decisions have to be made by the organisations in short time periods (Bell Mjoli, 2014). Conclusion The paper analysed the development of strategic leadership at NAB. It was observed that the organisation has undergone changes in its strategy to become more focused on the segments that are the priority ones, on enhancing the experiences of the customers and also on carrying out execution in a manner that is relentless and flawless. The organisation faced criticism in the past regarding its business practices but was able to come out of it. Recently, there were changes in the organisational structure and the currently there is a Group CEO for NAB with an Executive Leadership Team. The core values of NAB comprise making investments in people and also their development so that the strategies can be executed in a successful manner. The style of leadership of the Group CEO is participative which facilities changes to take place in the organisation. Bibliography Bell, C. Mjoli, T., 2014. The Effects of Prticipative Leadership on Organisational Committment. African Journal of Business Management, 8(12), pp.451-59. Eyers, J., Moullakis, J. Wilkins, G., 2014. NAB surprises market by naming Andrew Thorburn as next CEO. James Eyers, Joyce Moullakis and Georgia Wilkins, 3 April. Ferguson, A. Williams, R., 2015. Whistleblower's NAB leak reveals persistent bad behaviour in financial planning, fuels royal commission calls. Sydney Morning Herald, 21 February. Knight, E., 2014. The banking sector reform will affect every Australian. The Sydney Morning Herald, 8 December. NAB, 2015. 2015 - Annual Review NAB. [Online] Available at: https://www.nab.com.au/content/dam/nabrwd/About-Us/shareholder%20centre/documents/annual-review-interactive.pdf [Accessed 3 September 2016]. NAB, 2016. Executive Leadership Team. [Online] Available at: https://www.nab.com.au/about-us/our-business-at-a-glance/executive-leadership-team [Accessed 3 September 2016]. NAB, 2016. Nab Announces Oraganisational Structure and Executive Leadership Changes.[Online] Available at: https://news.nab.com.au/nab-announces-organisational-structure-and-executive-leadership-changes/ [Accessed 3 September 2016]. NAB, 2016. Our Values. [Online] Available at: https://www.nab.com.au/about-us/corporate-responsibility/responsibility-management-of-our-business/high-performing-diverse-and-inclusive-workforce/our-values [Accessed 3 September 2016]. Nyasha, S. Odhiambo, N.M., 2013. The Australian Banking Sector Reforms: Progress and Challenges. Corporate Ownership and Control, 10(4). Sydney Morning Herald, 2002. NAB breaks code of behaviour. Sydney Morning Herald, 15 April. Available at: https://www.smh.com.au/articles/2002/04/14/1018333454094.html [Accessed 3 September 2016]. Yeates, C., 2014. Andrew Thorburn, NAB's new straight shooter with a messianic touch. The Sydney Morning Herald, 11 July.

To Kill A Mockingbird Respect Essay Example For Students

To Kill A Mockingbird Respect Essay Respect is an admiration of a person, a personal quality or ability. Respect, being one of the most substantial messages, plays significant role in the novel, To Kill A Mockingbird. In this response, three different topics will be disputed. The topics are as follows; respect throughout the novel, respect of an individual character and necessity of respect for different human races. Throughout the novel, there are a few events that demonstrate respect. For instance, Atticus is taking the Tom Robinsons case because he respects all people in same way no matter what their classes are or skin colours are different. Another example would be when Jem and Scout stop pestering Boo Radley after he gave Scout the blanket. The kids respect Boo for giving them the gifts especially the blanket and decide not to bother him anymore. As I pointed out some events, these events are the evidence that the theme, respect can be easily noticeable. We will write a custom essay on To Kill A Mockingbird Respect specifically for you for only $16.38 $13.9/page Order now Out of all of the characters on To Kill A Mockingbird, Atticus Finch is recognized as the most respected character. The reasons why he is so admired are because first of all, the way he treats and talks to people in same manner and with honesty. He never talks behind anyones back and moreover he tries to understand and see from their point of view. Secondly, Atticus has the nerve that others dont. For example, he took the Tom Robinsons case. Even though his neighbors criticized him for taking the case, he was willing to do it because he knew that his belief was right and Tom Robinson was innocent. As a result, all of his morality, honesty, and fairness had earned him the respect. The setting of novel, Great Depression is the era when the severity of racism hit the highest peak. Racisms had a major impact of the Tom Robinson trial. Tom Robinson was declared guilty in spite of Atticus proved evidences which verify Toms innocence. In addition, Mr. Dolphus Raymond, known as the town drunk carries his drink in a paper bag. However, the drink in the bag turns out to be Coca-Cola, not an alcohol beverage. He pretended being drunk because this made people understand easier why he was being friendly and nice towards black people. These two examples explain why we respects different races and make us look back what we have done. By reading the book To Kill A Mockingbird all the viewers can learn respecting people around us, believing in yourself and always being fair is the lesson that is taught from the author and the characters inside the book. I hope more people would have a chance to read this book and change their moral belief and realize that our skin colours do not define who we are.