The Chain Finance Model Personal Statement Example | Topics and Well Written Essays - 1000 words

The Chain Finance Model - Personal Statement Example My research provided me a deep insight into the two different attitudes in Banking. Commercial Banks tend to be more conservative and consider current financial position of the borrower while making lending decisions whereas Investment banks tend to bet on the future of the firm as they view future cash flow trends as the true means of the financial strength of a firm. It is because of this reason that the firms in China tend to bank with investment banks because they want to take benefit of their future growth now. The above facts provided me very different and alternative views about the theory working behind the banking as a field as I soon realized that by being conservative, as the theory may suggest, banks may not achieve their full potential and thus I embark upon to radically change my approach and methodology by shifting my analysis from the current cash flows to the future projection and growth of the cash flows. I did that, however, by taking into considering, all the risk aspects involved in making lending decisions. While analyzing one of the clients, I found that the practice adapted by him was that he used to buy a large variety of products from small Chinese firms and supply them to the Wal-Mart. This prompted me to think deep as funding to such client was lot more easy for us since Wal-Mart tend to benefit its customers therefore the cash flows of our firm seemed to be reliable and stable and secondly the suppliers of our client were small and mostly devoid of the traditional financing methods as banks traditionally avoid to lend to such clients. However, my analysis provided me an opportunity to go beyond theory and find a very unique blend of theory and practice where lending was to be done based on the basis of the supply chain. This model, which is wholly developed by me, provided our bank a necessary chance to be as aggressive as an investment bank while remaining as traditional commercial bank catering the needs of different clients and providing services which matched with that of an investment bank as its supply chain finance model was not only unique but aggressive too.

Ethics and Leadership Research Paper Example | Topics and Well Written Essays - 1500 words

Ethics and Leadership - Research Paper Example The ethical issue concerning the employees of global fashion plant was that the owners and management of the company were observed to render insignificant consideration to think about the volatile effects due to their actions. The leaders of that plant were observed to lack in terms of awareness regarding ethical managerial conduct that states the minimum behavior required from them towards the employees. The code of conduct can be classified as Deontology which can be defined as actions that are in accordance with moral principles or certain rules. It further states that rules or principles are derived from rationality that is justified to each and every employee. In Kathie Lee’s fashion plant there were various rules which directly created a negative impact on the working environment of the organization inhibiting the moral conscience of the leaders. For instance, the women workers were asked to raise their hands for taking permission to use the bathrooms that were kept locked. They were allowed to use the washrooms two times a day only, once in the morning and again in the evening. Furthermore, the women were searched physically as the company prohibited from bringing any snacks that could stain the garments. The employees were also tortured mentally to work faster and produce as many apparels as possible within a limited working hour. It was observed that in eight man-hours, a group of sixty-five women stitched nearly eight hundred pairs of Kathie Lee pants (Institute for Global Labour and Human Rights).... In Kathie Lee’s fashion plant there were various rules which directly created a negative impact over the working environment of the organisation inhibiting the moral conscience of the leaders. For instance, the women workers were asked to raise their hands for taking permission to use the bathrooms that were kept locked. They were allowed to use the washrooms two times a day only, once in the morning and again in the evening. Furthermore, the women were searched physically as the company prohibited from bringing any snacks that could stain the garments. The employees were also tortured mentally to work faster and produce as much apparels as possible within a limited working hour. It was observed that in eight man-hours, a group of sixty five women stitched nearly eight hundred pairs of Kathie Lee pants (Institute for Global Labour and Human Rights, 1996). Thus, it can be observed that the process performed by the management at Kathie Lee’s plant violated the standards o f human and labour rights in its Honduras plant where they made the workers work more than the standard time specified by the labour organisations, only to meet the orders demanded by Wal-Mart. The ethics imbibed in the behaviour of the superiors play an imperative role while motivating or maintaining a happier working environment. It can specifically be described as a character trait of a human-being that is required to flourish and lead a healthier life which can also be quite beneficial to facilitate a productive working environment encouraging employees to participate in the overall growth of the company (Hindman & Smith, 1999). Thus, a leader of an organisation should possess virtuous skills in their behaviour towards the subordinates. In the case of Kathie Lee’s