Police misconduct Essay Example | Topics and Well Written Essays - 1000 words

Police misconduct - Essay Example Another officer then appeared, and started feeling and searching the person in question. He also said to him: "I could be a real jerk..some officers would arrest you for not liking the way you look"(ibid). Another incident happened recently in San Diego and raised a storm in the media. This was the case where several women were arrested by El Cajon police officer named William Robert Taylor who allegedly made them perform sexual acts in return for their freedom. One case was thus described: "In one instance detailed in a Feb. 3 arrest warrant, a woman Taylor detained for petty theft in September 2005 at an El Cajon department store told police that Taylor forced her to disrobe and perform a sex act in the back seat of his patrol car while he stood outside and watched" (http://www.signonsandiego.com/news/metro/20060329-9999-2m29taylor.html ). The victim thought she had no options but to comply. Later Taylor claimed that the woman was not prompted to perform sexual act but that she willingly did it. There was yet another incident of the similar nature involving this same officer. This was when he arrested a woman for possession of marijuana plant and petty theft and told her that if she had sex with him he would not arrest her. These last two cases involve a questionable unethical behavior on the part of the police officer. The last case is somewhat more complex. It happened in Vancouver, BC, at the drug-ridden Downtown East Side. Apparently, the number of HIV infected drug users in this area has been alarming since the 1990's, and at the time when the said incident happened, in 2002, 40% of the residents of that area were HIV infected. This is higher than anywhere in Canada. This alarming fact prompted the health officials to start a safe injection needle exchange clinic, which was to be held outside, at the corner of Main and Hastings Street, which is where the greatest number of drug users can be found usually. The police had no right or warrant to close down the clinic. However, this is precisely what they did, as they alleged that there was illegal activity happening close by. This was a blow in the face of the drug addicts using heroin as well as the health officials who were concerned about more and more people getting infected with HIV virus due to the unsafe use of contaminated needles, which is apparently the quickest way for the HIV virus to enter one's bloodstream, quicker than sex for example. As in 2003 there was a new city major elected, he started a so-called 4-pillar approach to drug use in the city, which involved harm reduction, safe needle exchange sites and methadone program, as well as counseling. The police department asked the City council for permission to place more officers in the Downtown East Side, which was refused by the City council. However, the police still went ahead and, in addition to the 20 officers that were already there, they positioned another 40 officers from other areas of the city in the Downtown East Side. This made it almost impossible for the drug users to access the safe needle exchange clinic, as they had to bypass the police to get there. As the police were arresting people for drug possession,

Stragetic Management Essay -- Business and Management Studies

Stragetic Management 1. Introductiom --------------- USQ MGT8039 Strategic Leadership S2, 2005 Study Book (p 1.11), sighted that Hoskisson, Hitt and Ireland (2004, p.37) defined strategic leadership as â€Å"the ability to anticipate, envision, maintain flexibility and empower others to create strategic change as necessary†¦ managing through others, managing an entire enterprise rather that a functional subunit†. 2. Critical Analysis -------------------- Strategic management can be described as a process undertaken by top-level management. Thomson el all (2002, pp. 3-15)) elaborate that strategic management is process about defining the purpose of existent of an organization, formulating a long term strategy to fit the organization’s external and internal situation, build sustainable advantage and improve organization performance. In contrast, strategic leadership is a function that drives the strategic management process in the organization. In view of this, the author would like to adopt a stand that strategic leadership is different from strategic management but both intertwined and co-exist to compliment each other. Strategic management will not exist without strategic leadership. The scope of top level management in this respect shall encompasses the Board of Directors, CEO and top management and the strategic leadership which, they exercise would be in-conjunction or individually. Emergence of globalization whilst giving new opportunities for organization to new markets, also exposes organization to new challenges for competitions and rapid changes of competitive environment. The strategic management undertaken by organization to address these challenges required strategic leadership to drive the task of crafting and executing the organization strategy. According to Richardson (1994), modern strategic management needs to be met by a multi-skilled strategic leadership response and not adopt a stand of â€Å"this by and large, is the only way to do strategic leadership†. Nicholls (1994) proposed that in order to counter the fast-changing business environment, organization through the role strategic leadership must adopt the fundamental changes in the way they think and behave with respect to both people and customers. In the process of strategic management, decisions making would have to take place to determine ... ...e, Trends Source: http://www.autoblog.com/entry/6449113922489878/ Despite raking in $10 billion in earnings last year and looking like it will surpass that mark this year, Toyota is not happy. Chairman Fujio Cho lambasted his own company last week, saying â€Å"The sense of crisis we feel, despite increasing sales and profits, stems from our fear that we have no kept up. Particularly fears that we have not kept up with environmental issues†¦Ã¢â‚¬  Ok, Fujio, I know it’s noble to be hard on yourself, as that’s how Toyota got to this point in the first place, but what about the unbridled success of the Prius and the manifold hybrid concepts like the Volta and Lexus’ pending RX hybrid SUV? It’s still not even close to enough, apparently, as Chairman Cho revealed plans to get 300,000 hybrids on tarmac by the end of next year. But, wait, this isn’t really about environmentally-responsible transport, is it? No, I didn’t think so: Toyota has long been forced to compete only with itself as far as quality and reliability were concerned; this year, however, the untarnishable reputation pitted slightly around the edges as Hyundai passed Toyota in J.D. Power’s Initial Quality Study. Stragetic Management Essay -- Business and Management Studies Stragetic Management 1. Introductiom --------------- USQ MGT8039 Strategic Leadership S2, 2005 Study Book (p 1.11), sighted that Hoskisson, Hitt and Ireland (2004, p.37) defined strategic leadership as â€Å"the ability to anticipate, envision, maintain flexibility and empower others to create strategic change as necessary†¦ managing through others, managing an entire enterprise rather that a functional subunit†. 2. Critical Analysis -------------------- Strategic management can be described as a process undertaken by top-level management. Thomson el all (2002, pp. 3-15)) elaborate that strategic management is process about defining the purpose of existent of an organization, formulating a long term strategy to fit the organization’s external and internal situation, build sustainable advantage and improve organization performance. In contrast, strategic leadership is a function that drives the strategic management process in the organization. In view of this, the author would like to adopt a stand that strategic leadership is different from strategic management but both intertwined and co-exist to compliment each other. Strategic management will not exist without strategic leadership. The scope of top level management in this respect shall encompasses the Board of Directors, CEO and top management and the strategic leadership which, they exercise would be in-conjunction or individually. Emergence of globalization whilst giving new opportunities for organization to new markets, also exposes organization to new challenges for competitions and rapid changes of competitive environment. The strategic management undertaken by organization to address these challenges required strategic leadership to drive the task of crafting and executing the organization strategy. According to Richardson (1994), modern strategic management needs to be met by a multi-skilled strategic leadership response and not adopt a stand of â€Å"this by and large, is the only way to do strategic leadership†. Nicholls (1994) proposed that in order to counter the fast-changing business environment, organization through the role strategic leadership must adopt the fundamental changes in the way they think and behave with respect to both people and customers. In the process of strategic management, decisions making would have to take place to determine ... ...e, Trends Source: http://www.autoblog.com/entry/6449113922489878/ Despite raking in $10 billion in earnings last year and looking like it will surpass that mark this year, Toyota is not happy. Chairman Fujio Cho lambasted his own company last week, saying â€Å"The sense of crisis we feel, despite increasing sales and profits, stems from our fear that we have no kept up. Particularly fears that we have not kept up with environmental issues†¦Ã¢â‚¬  Ok, Fujio, I know it’s noble to be hard on yourself, as that’s how Toyota got to this point in the first place, but what about the unbridled success of the Prius and the manifold hybrid concepts like the Volta and Lexus’ pending RX hybrid SUV? It’s still not even close to enough, apparently, as Chairman Cho revealed plans to get 300,000 hybrids on tarmac by the end of next year. But, wait, this isn’t really about environmentally-responsible transport, is it? No, I didn’t think so: Toyota has long been forced to compete only with itself as far as quality and reliability were concerned; this year, however, the untarnishable reputation pitted slightly around the edges as Hyundai passed Toyota in J.D. Power’s Initial Quality Study.

Stock Market and Stock Option Plan

Should the company implement the proposed employee stock option plan? In a typical stock option plan, the employee is offered a specific number of shares which he/she can exercise (buy) at some specified time in the future. The price at which the employee can buy the stock is equal to the market price at the time the stock option was granted (grant price). The employee's gain is equal to the market value of the stock at the time it is exercised, less the grant price. If the market price of the stock remains the same or decreases relative to the grant price, then the stock option is worthless. Stock options are typically offered to managers, most technical individual contributors and about half of the other professionals. Smaller organizations offer stock options more widely, in some cases to all employees In THTF case, stock options are offered to the former category. There are various factors that Tsinghua Tongfang should consider before implementing the proposed employee stock option plan. Future growth Stock options are appropriate for small companies where future growth is expected. Being a young company, THTF looks to be well posed for future growth. Cultural differences In China, there is high importance attached to feeling valued and having a sense of belonging. This results in Chinese companies having to maintain a good reputation for treating their employees well or risk unwanted attention. In the current economic climate, competitions for key employees are extremely fierce. Options, to a certain extent, do inspire loyalty and commitment and provide employees with a sense of ownership which is a unique and potentially powerful compensation tool. However, research (Economist’s article â€Å"False Options†) has shown that unlike the US counterparts, the Chinese rarely exercise vested stock options during their tenures at the firm. This may be due to the perceived notion in China where cashing out stock option may suggest disloyalty to the firm since once the options are cashed, the alignment of ownership and management no longer exists. Thus, options become an ineffective measure. Hence, there may a need for the company to consider the level of understanding among its Chinese employees with regard to options. An option may become an ineffective measure as seen from above. Educating employees is one resolution but the cost and logistical burden of such undertaking may outweigh the potential benefits for company and its employee. In THTF’s case, as the key management are pushing for the implementation of the stock option, it can be inferred that they do understand the usefulness of stock options. Retention Retention of employees is of great interest especially in the high-tech industry THTF was based in. Key management were highly sought after. Stock options can serve as a retention mechanism as stocks options will motivate employees to remain with the firm as they can see their investment grow. Stocks options will also encourage less risk-averse and optimistic employees or have employees that can increase value to work at the firm. This may be aligned with THTF interests. Therefore, stock options can help to retained and attract suitable people to work at the firm. However stock options can fall underwater due to bearish stock market conditions rather than poor firm performance and cause major morale and retention problems. This may lead to stock options not having their intended effects. Still, in this THTF’s case, they are currently in a robust and high-growth economy, thus stock prices are unlikely to fall. From an incentive point of view, employees benefit when stock price goes up, so stock options motivate employees to increase their company’s price. This si aligned with the shareholders interest as when stock price goes up, presumably value has been created. The stock options may get the employees to think like shareholders. Nonetheless, this may not be the case. An option holder does not share the downside in holding the stock. If the stock loses value, the option holder will simply just fail to exercise the option and thus avoid the loss. Risk that would scare off a shareholder is a matter of indifference to an option holder. This may lead management taking too much risk as the upside to taking the risk gives high paybacks whereas there is virtually no downside. In THTF, other measures need to be put into place to make sure of the interests’ alignment before implement stock options compensation. Employees From the employee’s point of view, receiving stock options is a huge benefit as the employee can reap financial success from the firm. But is it really so? The executives may suffer from the more volatility then the market as they are too under diversified with their stake too over concentrated in a irm. Employees should not put their eggs – instruments and salary – into one basket. Thus, this will lead to the undervaluing of options by the employees. This shows that options are wasted on employees. Market Paranoia Stock options compensation may also lead to the market being deeply suspicious of the corporation. When top executives are paid in stock options compensation, they get huge compensation packages which are hidden away from public scrutiny. Furthermore, stock options also dilute shareholders. Management may also manipulate the market before the stock options grant date to get a better deal for themselves which would lead to excess volatility. Thus, having stock options compensation may lead to distrust from the market, having long term adverse effects on the stock prices. Conclusion Given the current restrictions and ambiguities of the Chinese laws and regulations applicable to options, THTF should take a conservative approach to such practice. If THTF determined that the use of options is immediately necessary for the recruitment and retention of employees, the options should be granted.

Solving The Foreclosure Crisis - 1291 Words

On its surface, the current foreclosure crisis appears to have erupted from a volatile mix of debt, deregulation, risk, and over-leveraging within the economy. This; however, is a merely symptomatic approach to the recession, and does not address its underlying causes. In order to truly solve the crisis of foreclosures, one must address the systemic deficiencies which allowed the crisis to originally form. In the housing sector, the foreclosure crisis can be viewed as the bursting of the housing bubble. Indeed, the economy as a whole around the turn of the millennium can be characterized by its bubbles, and any solution to the housing bubble must necessarily take into account the complex web of interconnections between each and every†¦show more content†¦In this way, an incentive is provided for cleaner, sustainable development, which has been hindered to the current day by its economic infeasibility. When taking a long term approach, however, one can see that any further entrenchment of the current fossil fuel status quo is ultimately infeasible due to its unsustainability. With true economic incentives in place for the development of green energy, new development in the future will take on a different character. A host of new industries will manifest themselves, moving the economy away from the old modes of production into an engine ready to take the United States through the 21st century. With the development of new jobs and reliable long term sources of income for the population will come the true economic growth and security needed to save peoples homes. The United States stature on the world stage has long been derived from its avant-garde status as a technological innovator --all GDP growth is born of technology; GDP is simply the adaptation of technology to marketplace. The fiscal mirages of the past decade are a product of the lack of incentives in place for fostering real, production based growth. Adopting a Graduated Energy Standard for the dollar not only provides an incentive for increasing economic output, but also pushes that new output in a forward-thinking direction. Because the foreclosures in the housing market are a direct symptomShow MoreRelatedSolving the Foreclosure Crisis 1107 Words   |  5 PagesSolving the foreclosure crisis is not an easy quest. In order to solve the crisis, it will take everyone getting involved. The banks and other lenders need to be willing to work with people who have been in their homes and need to have their loans restructured or refinanced. There should not be any more QUICK FIXES. Too many of the lending institutions are trying to put a bandage on an open wound. Instead of working with the homeowners, they are willing to put the residents out of the homes and thinkRead MoreSolving the Foreclosure Crisis 972 Words   |  4 PagesIn order to solve the foreclosure crisis, first we must identify and examine the reasons why people are going into foreclosure. The unstable economy which has led to the loss of thousands of jobs is the most obvious reason that people are foreclosing their homes. Without a stable and sufficient source of income, it is virtually impossible to pay back mortgage lenders. The first step we should take to solve the foreclosure crises is to create more jobs so that people can pay their mortgages on timeRead MoreSolving The Foreclosure Crisis Essay985 Words   |  4 PagesHome foreclosures have been a hot topic in recent months as the economy has been in a serious downfall with a very slow recovery process. There are many different philosophies and many people truly feel that we can recover from this. We can alter the foreclosure status by giving serious considera tion to the economic times and the types of mortgages that are available. Buyers must become more educated on the additional costs when getting a mortgage such as taxes, insurance, etc. The governmentRead MoreSolving the Foreclosure Crisis 1156 Words   |  5 Pagesâ€Å"Foreclosure filings were reported on 336,173 U.S. properties in June, the fourth straight monthly total exceeding 300,000†¦Ã¢â‚¬  Brooklyn, NY – December 30, 2009 Foreclosures continue to rise drastically across the United States due to the recession, and have effected, and continue to affect thousands of families and individuals every day. One aspect we must take into consideration is that most people are not informed of what foreclosure means, or the process, even those who are homeowners.Read MoreSolving The Foreclosure Crisis1012 Words   |  5 PagesThe current foreclosure crisis is affecting everyone in this nation. If people are not experiencing the crisis firsthand, they hear about it through family, friends, and their other social networks. Nonetheless, it is impossible to escape because the media is constantly showing coverage about it. People are becoming more aware and seeing how expansive the impact is through television, internet, print, and radio. Americans are quickly realizing the impact the foreclosure crisis is having on theRead MoreSolving the Foreclosure Crisis 979 Words    |  4 PagesOne way to solve the foreclosure crisis is to actually foreclose on every homeowner’s home loan, including the homeowners in bankruptcy, pre-foreclosure and post-foreclosure. The credit report of these homeowners should read as a recession in 2009 and it should not lower their credit scores. The banks should then match the previous interest rates to the interest rates of today and appraise each home and property at the value that it was assigned by its local tax assessor. By doing this it willRead MoreSolving the Foreclosure Crisis 1578 Words   |  7 Pagespotential loss breaks down as follows: Loss from sales price: $200,000.00 5% Commission: $10,000.00 3% closing cost credit: $6,000.00 Repair credits: $1,000.00 Foreclosure fees: $50,000.00 Total loss $267,000.00 Case number one: For those whose income has not had any major variations from the time they initiated their mortgage, but are finding themselves unable to continue their payments because of anRead MoreSolving the Foreclosure Crisis Essay1092 Words   |  5 PagesThe foreclosure crisis was one of the harbingers of the coming economic recession. This was the issue that shifted the focus of the 2008 presidential election from the Iraq War to the economy. As one can imagine, many individuals and families are currently hurting as a result of this foreclosure crisis. High unemployment rates and lack of job creation leave very few options for already struggling homeowners. Because the housing industry composes such a large part of the American economy and affectsRead MoreEssay on Solving the Foreclosure Crisis 969 Words   |  4 PagesThe current foreclosure crisis that our nation is experiencing has become a great hardship on many people in America. People that have lost their jobs due to cut backs, people with families for whom they need to provide shelter, people who are otherwise very responsible but have been put in a position from which they cannot escape, these are the people that are suffering. Normally if one could not afford to make payments on their mortgage, there would be ways for them to refinance their mortgageRead MoreThe Solving The Foreclosure Crisis933 Words   |  4 Pages The foreclosure crisis, which tragically happened several years ago, stole away the homes from countless Americans and left them high and dry. These Americans were not even neglecting to pay for their mortgage on purpose; the economy took a drastic downfall and took all of those unshielded Americans with it. Now, these Americans are left with many questions that are unanswered – until now. They still have the chance to improve their credit, test out their dream home, and thrive in the current reasonable