Education System in the Philiphines Essay -- Education

The Philippines has a recent overflowing issue on its education system, which is the implementation of K+12 education system as the basic education curriculum (BEC). This issue is one of the most controversial things that Aquino Administration proposes. First of all, K+12 is an education system that includes Kindergarten with twelve years of elementary and secondary education (Department of Education, 2010). The Kindergarten is basically started at the age of 5 and the elementary education (primary education) holds for 6 or 7 years of education while secondary education, which holds for 5 or 6 years of education, is defined as high school (Department of Education, 2010). In comparison to the current 10-year education system, the K+12 system adds two extra years of education. According to the Department of Education of the Philippines (DepEd), their main purpose is not just adding two extra years of education rather to enhance the BEC in the Philippines (Department of Education, 2010). Discussions over the K+12 program have already been on since the Commonwealth era. The Americans has suggested this system to be implemented but President Manuel L. Quezon has set aside the issue to deal with more important problems in the country at that time (Vargas, 2012). Throughout the years after the Commonwealth era, suggestions have been made by foreign organizations (Department of Education, 2010). Then, a survey made by Presidential Commission to Survey Philippine Education in 1970 has recommended the government to give a high importance in implementing the 11-year program with 6 years of elementary education and 5 years of secondary education; but it never pushes through (Department of Education, 2010). The current 10-year program has n... ...s literacy rate and its quality of education system but also it would lessen the number of unemployment and underemployment in the country. Works Cited Cruz, I. R. (2012, January 19). Preparing, Developing and Equipping K to 12 School Leaders. Makati, NCR, Philippines. Department of Education. (2010, October 5). Discussion Paper on the Enhanced K+12 Basic Education Program. Manila, NCR, Philippines. Dizon, D. (2011). PH Education System Not Ready for K+12. Retrieved February 27, 2012, from ABS-CBN News: abs-cbnnews.com Manila Bulletin. (2010, October 6). Senators Divided on DepEd's 'K+12' Years Education System. Retrieved February 27, 2012, from Manila Bulletin News: mb.com.ph Valenzuela, E. (2012). K to 12 Trends in Southeast Asia. Manila, NCR, Philippines. Vargas, Y. (2012, February 11). K+12 as Basic Education Curriculum. (I. Stamboel, Interviewer)

Career Transition

Career Transition In this paper, I will research career transition and how it has impacted the workforce and management. I will present from three research articles that I feel are important in understanding how career transition affects adults who are transitioning from one career to another. As an HRM, one of the biggest parts of our job will be to recruit new talent. Traditional careers are falling to the wayside and emerging is a type of employee who has been around the block once or twice. I am going to focus on first the way careers are changing, then I am going to look at the military and how they prepare their retirees, many of whom are still in their 30’s, for retirement, and finally, I will look at career transition and what role HR plays. Gone are the days of staying with one company until you are eligible for the pension and a gold watch. The average person born in the later years of the baby boom held 10. 8 jobs from age 18 to age 42, according to the Bureau of Labor Statistics of the U. S. Department of Labor (Number of Jobs Held, Labor Market Activity, and Earnings Growth Among the Youngest Baby Boomers: Results From a Longitudinal Survey Summary , 2008). Career transition is no longer looked at as something to avoid putting on your resume. It seems like everyone it doing. So how can a person make the transition smooth and successful? Career transition often requires employing new tools, skills and/or a switch in perception. In her article, Beyond the Career Mystique: â€Å"Time in,† â€Å"Time out,† and â€Å"Second Acts†, Phyllis Moen. states that Americans confront a major mismatch between outdated career and retirement regimes and the exigencies of (1) family responsibilities, and (2) the risks and uncertainties associated with a competitive, global, and information-based economy. Unlike privileged workers in the 1950s, members of America's 21st-century workforce find it increasingly rare to have either a full-time homemaker or a secure, â€Å"lifetime† job. This mismatch challenges both scholars and policy makers to revisit, research, and rewrite the disparate scripts constituting the rules of the career game. The mid-20th-century bargain of trading a lifetime of paid work for a lifetime of income security-never a reality except for a group of middle-class office workers and unionized production workers in the post war economic boom of the 1950s-is probably gone forever. (Moen) Her points regarding the changing career climate are spot on. Many of he lifetime jobs are ones that have no real advancement potential. A GS (Government Service) job will allow for increases in pay due to step promotion and COLA increases, but in order to advance into a higher GS position a person would have to make significant gains in their education and/or work experience. Both of these might require leaving the current job for a time period. In some cases, the GS jobs have no advancement potential even with additional education, a person would have to quit t heir current job and reapply for a new position. Even more evidence that points to employers changing the career game is an article published by the Bureau of Labor Statistics that states that employ ¬ers are replacing defined-benefit retirement plans with defined-contribution retirement plans, allowing employers to shift more responsibility for retire ¬ment income to the employee. (U. S. Bureau of Labor Statistics, 2010) So what are the consequences of this alteration of the career landscape? The median age of workers are increasing. The prime age group, composed of 25- to 54-year-olds, is projected to increase by 1. million and make up 63. 5 percent of the total labor force in the target year. The youth labor force, composed of 16- to 24-year-olds, is expected to decline from the 2008 level, but will remain over 21 million in 2018. The military is one area that has a great deal of experience with career change. Not only do the military members change jobs frequently, most retire after only 20 years of service. This puts someo ne who may only be 38 in the position finding new employment at a relatively young age. A study examined the concerns of retiring Marine Corps noncommissioned officers (NCOs) as they experience the adult career transition of retirement from military service and transition to the civilian workplace. Analysis of focus group transcripts reveal a range of concerns related to the transition factors cited in Schlossberg’s Transition Theory as the 4 S’s: situation, self, support, strategy. The study provided insight on the issues and challenges Marine Corps noncommissioned officers (NCOs), and all Military Personnel face upon retirement based on the following articulated themes: cultural, community, social and psychological concerns. The paper suggested that programming be offered to facilitate transition and should also address psychological and social concerns which may improve the quality and outcomes of transition to a new role in civilian life. (Johnston, Fletcher, Ginn, & Stein) Many of these jobs are in the skilled labor fields which are light on EAP's to assist once the transition has occurred. Next to the military, education is another area that see its fair share of transition. A quick Google search on career transition will bring up a plethora of sites offering advice on starting a second career in teaching. The main areas that see an influx are secondary high school education teachers and entry-level college instructors. Why are these areas so appealing? One paper seeks to reviews the current theory in areas relevant to industry-to-academia career transitions, and to outline a theory that targets this category of employee directly. They sought to outline the first step toward a limited theory explaining the special needs and motivations of industry-to-academia career transitions. Throughout this paper, the hybrid academic institution, consisting of a traditional core and a nontraditional periphery, received special emphasis. While the research did not conclusively define the reasons behind the transition, consider the following concepts: (1) proteanism, or the protean approach to career transitions; (2) transition types; and (3) human values. (Bandow, Minsky, & Steven) All of which are indicative not only in instances of industry-to-academia career transitions, but in most all other areas as well. Even for the most experienced and well-educated person, transition does require some finesse. Here are a few tips that can help make the change less traumatic. It is important to take a serious look at the many possibilities and outcomes before you jump into a new career or field. Consider these 10 tips as you make a transition from your present career to your next: 1. Have a clear plan. The smartest move that you can make is to carefully map out an effective career-change strategy. This should include a detailed action plan that takes into consideration finances, research, education, and training. Keep in mind that a successful career change can take several months or longer to accomplish, so patience is key. . Wait for the right time. The best time to consider a new career is when you are safely ensconced in your existing position. It is understood that a steady paycheck can relieve a lot of pressure. There are many ways to take steps toward your new career path; you can volunteer or offer yourself as a freelancer or consultant. This can help you to â€Å"test the waters† in your desired new field. 3. Be sure of your reasons. Just because you’re unhappy in your current job isn’t a strong enough reason to make a total career break. Carefully analyze whether it is your actual career you dislike or whether your employer, supervisor, or office situation is the problem. 4. Do your research. Be sure to examine all possibilities before attempting a career jump. Talk to people in your network; read career and job profiles; meet with a career management professional. The more information with which you arm yourself beforehand, the more successful you will be. 5. Decide what is important. This is the best time for thoughtful self-reflection. Ask yourself what it is you really want to do with the rest of your life. Take an honest inventory of your likes and dislikes, and evaluate your skills, values, and personal interests. Many people who are looking to change careers do so to find a balance between their personal and professional lives, to accomplish the right mix of meaning and money. You may want to consider consulting a career coach and/or taking a career assessment test. 6. Examine your qualifications. Do you have the necessary experience and education to be considered a qualified candidate in your desired career field? If not, you need to find a way to bridge the credentials gap. This might mean making your goal more long-term while you go back to school or receive additional training. 7. Learn about the industry. Get a feel for the field that interests you. Read industry journals, attend conferences, and talk to people in the profession about what they do. Learn whether your target industry has growth potential. Trade magazines, organizations, and entrepreneurs have created a slew of Web sites that offer searchable databases where job openings in many specific industries are listed. Start looking at these sites on a regular basis. 8. Develop your network. Begin nurturing professional friendships early and tend them regularly. Professional organizations and job industry trade associations are a good place to start. Many of them hold networking events and job fairs. 9. Update your job search skills. It is especially important to polish up your job-hunting skills and techniques before you get out there and start networking. Make sure you are using your time and resources as effectively as possible. 10. Pay your dues. Do not expect to begin at the same level of seniority in your new career that you held in your old one. It will take time to move up the ranks, but if you find a new career that you absolutely love, it will be worth it. (Ten Tips on Making a Successful Career Change) In conclusion, with the continued changing landscape of today's business world, career change is here to stay. People are having to work further into what used to be the retirement years and some are deciding to live to work instead of work to live. Whatever the reason the challenges of a career transition can be frustrating and rewarding at the same time. The most important thing is to be true to you and to not be afraid of new horizons. Works Cited Bandow, D. , Minsky, B. D. , & Steven, R. (n. d. ). Reinventing The Future: Investigating Career Transitions From Industry To Academia. Cote, M. B. (2004). Service quality and attrition: an examination of a pediatric obesity program. International Journal for Quality in Health Care , 16 (2), 165-173. Johnston, S. , Fletcher, E. , Ginn, G. , & Stein, D. (n. d. ). Adult Career T ransition: Exploring the Concerns of Military Retirees. Moen, P. (n. d. ). Beyond the Career Mystique: â€Å"Time in,† â€Å"Time out,† and â€Å"Second Acts†. Number of Jobs Held, Labor Market Activity, and Earnings Growth Among the Youngest Baby Boomers: Results From a Longitudinal Survey Summary . (2008, June ). Retrieved 07 2010, from U. S. Bureau of Labor Statistics : http://www. bls. gov/news. release/nlsoy. nr0. htm Ten Tips on Making a Successful Career Change. (n. d. ). Retrieved July 2010, from All Business: http://www. allbusiness. com/human-resources/careers-changing-jobs/1618-1. html U. S. Bureau of Labor Statistics. (2010, March). Record unemployment among older workers. Issues In Labor Statistics , pp. 1-3.

Essay about functions assignment

Functions Assignment Question 1. A function assigns a unique output value to every input value. This definition implies that a vertical line cannot intersect a function in more than one place (Stewart). The set of input values is known as the domain of a function. The set of output values is known as the range of a function. An example of a linear function is, f left (x right ) = 4x+3 where 4 and 3 are the slope and vertical intercept of the straight line f(x). The domain of this linear function is all values x can take on, namely, all real numbers. The range is also all real numbers. A parabola is a good example of a quadratic function, f left (x right ) = {x} ^ {2} The vertex of the parabola coincides with the origin of a Cartesian coordinate system. The domain of this function is all real numbers and its range is all positive real numbers, f(x)≠¥0. An example of a third degree polynomial is, f left (x right ) = {x} ^ {3} +3 {x} ^ {2} +2x+1 The domain and range of this polynomial are all positive real numbers. The exponential function is defined as, f left (x right ) = {e} ^ {x} The domain of the exponential function is all real numbers and its range corresponds to all positive real numbers. The natural logarithm is a good example of a logarithmic function and is defined as, f left (x right ) = ln {x} The domain of the natural logarithm is all positive real numbers, x0. The range is all real numbers. The trigonometric functions are good examples of periodic functions. For instance, the sine function, f left (x right ) = sin {x} It repeats every 2Ï€ radians. The domain of the sine function is all real numbers. The range is -1 ≠¤ f(x) ≠¤ 1. Question 2. The electrical activity of the human heart can be monitored by means of an Electrocardiogram (ECG). An example of ECG signal is shown in Figure 1. The signal was retrieved from National Instruments website (â€Å"National Instruments: Test, Measurement, and Embedded Systems†). The electrical heartbeats are represented by the voltage amplitude (dependent variable) over time (independent variable). The figure shows that heartbeats exhibit nearly periodic behavior. Strong beats repeat approximately every 1.6 seconds. Figure 1. Example of hearts electrical activity. Question 3. The displacement of a piston in an internal combustion engine is represented by a periodic function, f left (t right ) = A sin {ωt} where ω is referred to as the angular frequency and has units of radians per second (rad/s). The independent variable is time t (s). A stands for the amplitude and describes the magnitude of the maximum displacement of the piston. The amplitude is a constant value. One cycle takes place when the crack (a linkage connecting the engine shaft and piston) turns through 2Ï€ radians. In other words, the sine function repeats itself when ωT=2Ï€, where T is the period, so this time is defined as, T= {2Ï€} over {ω} The frequency is the inverse of the period and it is measured in s-1 or hertz (hz) f= {1} over {T} For example, a period of 10s means a frequency of 1 every 10 seconds. The average value of function f(x) over an interval [a,b,] is defined as, F = {1} over {b-a} int from {a} to {b} {f(x)dx} The above expression can be used to calculate the average displacement over one cycle of the piston [0,T], F = {1} over {T} int from {0} to {T} {A sin {{2Ï€t} over {T}} dt=} {1} over {T} {left [- {T} over {2Ï€} cos {{2Ï€t} over {T}} right ]} rsub {0} rsup {T} =- {1} over {2Ï€} left [cos {2Ï€} cos {0} right ] =0 Question 4. The inverse of a function ( f -1) takes on a value from the range of f and assigns a single value from its domain. The inverse of a function exist only if a horizontal line does not intersect the function f in more than one place. This is not satisfied for the case of periodic functions like the sinusoidal displacement of a piston, y=f left (t right ) = A sin {ωt} The domain of sin ωt has to be restricted in order to define the inverse function. It can be worked out as follows, {sin} ^ {-1} {left ({y} over {A} right ) =ωt} {{f} ^ {-1} (y) = t = {1} over {ω} sin} ^ {-1} {left ({y} over {A} right )} The inverse function holds as long as, {Ï€} over {2} ≠¤ {y} over {A} ≠¤ {Ï€} over {2} In a given cycle of the piston, the inverse function provides the time for which the piston is displaced y length units. Question 5. Part 1. The Richter scale is a scientific tool to measure the intensity of an earthquake (â€Å"Khan Academy | Khan Academy†). The following facts summarize the main features of the Richter scale: The Richter scale measures the earthquake magnitude. The intensity or amplitude of the ground motion is collected at the measuring stations. The maximum ground motion detected at a measuring station can be plotted against the distance to the epicenter. The Moment Magnitude Scale (MMS) was calibrated to the Richter scale. MMS is related to the energy released by earthquakes. Unfortunately, strong and weak earthquakes do not fit on the same plot if a linear scale is used. The Richter scale employs a logarithmic scale in order to present the data on the same chart. The Richter scale can be used to compare the magnitude of two earthquakes. For instance, the 5.8 earthquake that took place on the east coast of US in 2011and the 9.0 earthquake off the coast of Japan in the same year. Both magnitudes are reported on a logarithmic scale so the difference between these two earthquakes is not 3.2 but 103.2 (3.2 powers of 10). It means the earthquake in Japan was about 1600 times stronger than the east coast earthquake. Part 2. Table 1 summarizes the facts about the earthquakes chosen to draw a comparison. Date Location of epicenter Richter magnitude scale (M) 25 September 2013 Southwestern Pakistan 7.7 27 February 2010 Central Chile (near city of Concepcià ³n) 8.8 Table 1. Earthquake information. Part 3. Quantitative comparison of the two earthquakes. The equation for Richter magnitude can be written as, M = {log} rsub {10} {A} where A is the amplitude in millimeters directly measured from a seismograph. The equation may also include a distance correction factor originally used by Richter. It is omitted for the sake of clarity. The Richter magnitude of Pakistans 2013 earthquake can be related to its amplitude by, 7.7 = {log} rsub {10} {{A} rsub {Pakistan}} The equation above can be written as an exponential equation, that is, the amplitude read in the seismograph, {A} rsub {Pakista n} = {10} ^ {7.7} Similarly, the magnitude of Chiles 2010 earthquake can be mathematically written as, 8.8 = {log} rsub {10} {{A} rsub {Chile}} It can also be recast as an exponential equation, {A} rsub {Chile} = {10} ^ {8.8} The ratio of exponential expressions can be used to compare the intensities of earthquakes, {{A} rsub {Chile}} over {{A} rsub {Pakistan}} = {{10} ^ {8.8}} over {{10} ^ {7.7}} =12.6 It can be concluded that Chiles earthquake was 12.6 times as intense as the recently ground motion in Pakistan. Task 1. The exponential function ex can be written as an infinite Taylor series about x=0. The Taylor series is, {e} ^ {x} =1+x+ {{x} ^ {2}} over {2!} + {{x} ^ {3}} over {3!} + {{x} ^ {4}} over {4!} +†¦ {{x} ^ {n}} over {n!} +†¦ It can be used to approximate the value of e1 up to n= 10. The results are shown in Table 2. The approximation value for e1 up to 10 decimal places is obtained when n = 15, e = 2.7182818285 n Approximation for e 1 1 2 2 3 2.5 4 2.666666667 5 2.708333333 6 2.7166666667 7 2.7180555556 8 2.7182539683 9 2.7182787698 10 2.7182815256 Table 2. Approximation value for e. Works Cited â€Å"Khan Academy | Khan Academy.† N. p., n.d. Web. 4 Dec. 2013. â€Å"National Instruments: Test, Measurement, and Embedded Systems.† N. p., n.d. Web. 3 Dec. 2013. Stewart, J. Calculus. Brooks/Cole, 2009.

6 Bad Excuses for Committing Plagiarism

Plagiarism is a serious offense that can cause permanent damage to a student’s academic career. Few students realize the seriousness of this crime – and crime is exactly what plagiarism amounts to. It is an act of theft. Because many students fail to understand the potential consequences of committing plagiarism, they don’t necessarily take the time to understand what types of behavior constitute plagiarism. This gets too many students into trouble – and that trouble can be anything from embarrassment to heartbreak. In college, plagiarism is taken very seriously. Many colleges will expel students on the very first event. While students are given the opportunity to have their case or situation reviewed by a panel or a student court, they should understand that excuses just do not work. The most common excuse that school officials hear appears as number one on the list: 1. I didn’t know it was wrong.   Your first job as a student is to know what behavior is considered plagiarism. You should stay far away from these common types of plagiarism: Submitting the work of another. If you ever turn in a paper that was written by someone else, especially if you pay money for it, then you are guilty of plagiarism and you are risking your future. It is plagiarism to claim the work of another or even the ideas of another.  While most students in middle and high school don’t have to worry about stealing ideas when it comes to a paper or a science project, students in college do run the risk of plagiarism charges when they write a paper based on another person’s thesis. Submitting a paper you’ve written for another class. Yes, you can get into trouble if you use your own original work for two different assignments. There is a difference between submitting the same paper twice and building upon your own research and adding to an old paper. Check with your instructor or advisor if you have any questions or doubts about this. Copying too much text and using it as a block quote. Let’s face it. Sometimes stude nts try to pull the wool over their instructors’ eyes. Instructors are not dummies, and they see this one all the time. They don’t fall for it.  There is a limit to the amount of text you should put into a block quote. Rewording a source or several sources. Sometimes student will submit a research paper with correct citations, but the paper is really a reworded version of one source or several sources pieced together.   The paper you write should contain your own original ideas, theories, and conclusions.   You must draw conclusions from the evidence you find in other work. While â€Å"I didn’t know it was wrong† is the most common excuse, there are others that instructors hear often. Be warned that excuses don’t get you off the hook! 2. I didn’t mean to. Everyone knows that it is tedious work, putting in all those precise citations. One common problem that instructors see is the omission of a citation. If you use a quote from a source and you don’t indicate that it’s a quote and cite your source, you have committed a theft! Be very careful to proofread and make sure you’ve indicated every quote with quotation marks and cited the source. 3. I didn’t know how to do the assignment. Sometimes students receive unique assignments that are so different from previous tasks that they just don’t know how the completed task should look. It’s perfectly fine to look up examples when you are expected to do something new like write an annotated bibliography or create a poster presentation. But sometimes, students who procrastinate can wait too long to look up these examples, and they realize that they have waited too long to complete the work. When that happens, they may be tempted to borrow from those examples. The solution? Don’t procrastinate! That also leads to trouble. 4. I was just helping a friend. You know perfectly well that you’re guilty of plagiarism if you use work that wasn’t written by you. But did you realize that you are also guilty if you write a piece for another student to use? You are both guilty! It’s still plagiarism, on both sides of this coin. 5. It was my first time. Really? That might have worked when you were five, but it won’t work on instructors when it comes to stealing.   Many students are expelled after the first time committing plagiarism. 6. I was in a rush. Politicians and journalists who have quick deadlines for speeches and reports have tried this one, and it is unfortunate that such high-profile personalities have to be such awful role models. Again, this excuse for stealing the work of another is not going to get you anywhere. You are not likely to gain sympathy because you didn’t give yourself enough time to finish an assignment! Learn to use a color-coded calendar to you have plenty of warning time when an assignment is due.

Social Class From The Perspectives Of People Of Color,...

Social Class in America America is divided into groups based on many different characteristics. Some of those characteristics may include race and ethnicity, cultures, religions, age, sexual orientations and genders. No matter which group someone defines with based on those characteristics, an individual will be labeled one step further to fit into a social class. In America, the most basic structure of social classes is broken down into upper, middle, and lower class. However, the perspectives of what each of those social structures looks like differs based on an individual’s characteristics. This analysis will examine the structures of the American social class from the perspectives of people of color, women, and gender orientation. Individuals who represent the upper social class are privileged to more opportunities than those individuals who are categorized in the middle or lower social classes. The upper social class consists of a surplus of money which in turn leads to many positive repercussio ns. Being categorized as wealthy contributes to having better health care, having greater education opportunities, and never having to worry about where one will sleep at night or eat throughout the day. Historically, the upper social class in American society has always consisted of mainly White individuals. According to Brannon and Markus (2013) â€Å"race has been a device, a system of ideas and practices, used to establish rank among groups of people; to associate differentShow MoreRelatedPrivilege And Oppression : Concepts That Provides Clarification On People s Experience1739 Words   |  7 PagesPrivilege and oppression are concepts that provides clarification on people’s experience. They both contribute to intersectionality which explain notion that people’s perspectives and experiences differ in term of the categories of identity. 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Business Strategy And Economics Free Essays

string(160) " contact with its customers through optimisation of the internet use, commitment to quality, and safety maintenance and adequately focused criteria for growth\." Abstract This paper is focused on the importance of disruptive innovation as described in the teaching of Professor Clayton Christensen.The first part of the paper introduces a business report of Christensen’s theory on disruptive innovation. The focus is on major assumptions of this theory, as they are applied to the performance of one of the leading European airline companies, Ryanair. We will write a custom essay sample on Business Strategy And Economics or any similar topic only for you Order Now Moreover, the second part of the paper outlines a plan that clarifies how the professor’s teaching enhances the potential of individuals to move forward to a sustainable and successful future based on the model of disruptive innovation. Introduction The theory on disruptive innovation has gained adequate importance in the global business environment. Introduced by Professor Clayton Christensen, this theory emphasises that companies should refocus their capacities and resources on technology in order to achieve a sustainable competitive advantage and growth in particular market segments (Christensen et al., 2008). Disruptive innovation is a powerful tool to drive the expansion of companies that are concerned with the attainment of long-term success (Christensen, 1997). The objective of this paper is to provide a business report on the theory of disruptive innovation as applied in the case of Ryanair, as well as to outline a plan of how the professor’s teaching can lead to developing of a sustainable and successful future, as human beings. Business Report In The Innovator’s Dilemma, Clayton Christensen (1997) introduced his distinct concept on disruptive innovation. Disruptive innovations are usually initiated as versions of products and services that already exist in the market, but they are identified as less desirable due to the aspect of lower quality. However, such products and services tend to improve with time and thus gain recognition among major customer population (Christensen et al., 2008). The conceptual framework of disruptive innovation is based on opportunity recognition, which is associated with the generation of useful ideas through implementing a past, present and future approach. The importance of considering past events have been acknowledged as a way to understand the specificity of how certain innovations have occurred (Cortez, 2014). Awareness of current trends in a particular business sector should be maintained in order to demonstrate disruptive innovation. Moreover, presenting possible scenarios is ano ther essential step of this approach that could help companies gain a strong competitive advantage (Christensen, 1997). Disruptive innovations can be perceived as ‘factor changers’ in the sense that they shape the markets into which specific products and services are introduced (Govindarajan et al., 2011). Therefore, disruptive innovations can refer to any product or service that has successfully altered dimensions of behaviour or technology in a particular market. It can be indicated that disruptive innovation usually characterises as low-end innovation and new market innovation (Christensen et al., 2008). Low-end innovation takes place when leaders tend to implement a strategy of over-supplying the needs of their customers with substantial technological capability or services that they may not actually need. As a result, a vacuum is created within such low-end market, which in turn reflects in a situation where customers with low demands are more likely to achieve their goals at lower cost (Jang, 2013). This aspect illustrates the validity of the theory on disruptive innovation consider ing the numerous examples of successful companies that have relied on this strategy, including Apple, Ryanair, and Rolls Royce. The second type of disruptive innovation, new market innovation, is focused on the formation of a new niche of customers by the introduction of new products or services. Individuals can be facilitated to complete certain procedures or processes that have been previously identified as challenging or quite demanding in terms of requiring a wide range of skills and knowledge (Christensen, 1997). However, established organisations usually demonstrate a trend to ignore the growth of new markets because of the prevailing conception that such markets are low margin. Similarly to low-end disruptive innovation, new market innovation indicates the importance of enhancing product offerings and expanding product niches (Habtay, 2012). Emphasis is put on attracting customers away from recognised or established products and services. Substantial disruption takes place as a direct result of this process, as the newly introduced products and services have the power to change the existing market on a permanent basis (Maldonado, 2014). The theory of disruptive innovation is valid because of the focus it maintains on the capacity of companies to refocus on technology advancements to optimise their performance. An example of the theory on disruptive innovation in practice can be found in the business operations of Ryanair. In the 1990s, leading airline European companies in the industry decided that the opportunities arising from the implementation of a low-cost strategy do not present a substantial threat to their market (Paton, 2013). Yet, newcomers in the European airline industry, such as EasyJet, applied the example of Ryanair’s point-to-point strategy. A direct outcome of this initiative was the creation of a low-cost niche market, which led to significant shifts in market behaviour as well as technology utilisation (Maldonado, 2014). It can be suggested that such niche of customers have realised the importance of Ryanair’s strategy even though they have not been identified as regular flyers. In addition, the low-cost and no frills strategy soon started to attract a considerable number of business travellers, who demonstrated a rapid switch from high-cost airline compani es to low-cost airlines (Christensen et al., 2008). This has been done with the assumption that low-cost airlines have significantly improved their service as a result of the implementation of disruptive innovation principles (Habtay, 2012). Such aspect demonstrates the validity of the theory considering its successful application to expanding companies’ growth in new markets. Ryanair has succeeded in the creation of a new market of budget travellers, which represents an example of the theory on disruptive innovation. The basic of such success was to offer routes to customers that no other airline did at rather competitive, affordable prices. The main aspect of disruptive innovation is to refocus technology use (Paton, 2013). This has helped the airline to maintain a close contact with its customers through optimisation of the internet use, commitment to quality, and safety maintenance and adequately focused criteria for growth. You read "Business Strategy And Economics" in category "Essay examples" Ryanair has achieved its objective to reduce its operation cost through maximising its use of technical advances, as it introduced the options of booking of tickets and issuing of boarding cards online (Schmidt and Druehl, 2008). This airline company has provided a relevant example of how its operational teams and processes are brought together to deliver innov ation in specific target niches. It has been assumed that the innovation introduced by Ryanair is desired by the target niche market (Habtay, 2012). Therefore, it can be argued that innovation levels should be maintained in balance in order to achieve the company’s initially presented goals for growth and expansion. As illustrated in Professor Clayton’s theory on disruptive innovation, an emergent strategy that organisations should adopt should be based on essential principles. Initially, companies that consider the option of disruptive innovation should incorporate elements of learning into their strategy plan (Paton, 2013). Furthermore, organisations should be focused on finding relevant information that can guarantee that they move in the right direction, similarly to what Ryanair did in the European airline industry through its adherence to the disruptive innovation model (Schmidt and Druehl, 2008). As a result, this type of innovation can produce long-term catalytic change, as illustrated in the example of Ryanair. The way in which a new technology addresses the demands presented in an existing customer segment is an important condition for success. Existing customers have been found powerful to affect an organisation’s resource allocation process (Christensen et al., 2008). The basic idea behind the application of disruptive innovation in practice is to introduce new functions or attributes, as Ryanair introduced a low-cost strategy and flexible fares to its customers (Petrick and Martinelli, 2012). A significant assumption can be provided in relation to new market disruptive innovation in the sense that it is more likely to prosper among customers that companies have not been addressed previously. As implied in The Innovator’s Dilemma, Professor Clayton’s theory of disruptive innovation illustrates both the strengths and weaknesses of using financial ratios to measure business performance in both the short-term and long-term (Christensen, 1997). The strengths associated with using these ratios refer to the capacity of companies to use specific financial information to advance their business operations. Weaknesses of these ratios include improperly maintained focus or irrelevant or inaccurate financial details. The most important ratios with regards to Professor Clayton’s theory are the following profitability ratios: Return on Capital Employed (ROCE); Current Ratio and Acid Test Ratio (Christensen et al., 2008). The ratio of RONA presents a comparison of net income with the specific net assets. The ratio of ROCE provides significant information about the returns that an organisation achieves from the capital it employed. In the case of Ryanair, the company’s ROCE ratio indicated a significant increase from 6.86% in 2011 to more than 10% in 2013 before tax (Paton, 2013). The formula for calculating the current ratio is to divide current assets and current liabilities. Therefore, Ryanair’s current ratio in 2013 is 1.97:1. Acid test ratio is obtained through subtracting current assets and inventory and the result is divided with current liabilities (Habtay, 2012). The acid test ratio in 2013 is 1.97:1. These ratios indicate that the company performs well in its niche target market as a result of the introduction of disruptive innovation. Plan Professor Clayton’s teaching provides fundamental business ideas that can help individuals move forward to a sustainable and successful future, as human beings. His concepts reinforce the potential of professionals in the business world to bring about a substantial change that can alter positively their lives (Christensen et al., 2008). When human beings are confronted with new technological innovations, they tend to explore the numerous opportunities associated with such technology advancements that can help them become more successful in their operations. Sustainability emerges as an essential dimension in Clayton’s teaching on disruptive innovation (Petrick and Martinelli, 2012). By finding new markets for new technologies, individuals can help companies move in the right direction through adhering to the model of disruptive innovation (Christensen et al., 2008). Technology is the key to a sustainable and successful future for human beings considering the emphasis on improvement in product performance. There has been always a drive to seek improvement of products and services in any market segment. Clayton’s teaching motivates individuals to restructure their thinking and present distinct inferences regarding the application of disruptive innovation models in practice (Chandra and Yang, 2011). In fact, the model suggested by the professor indicates a proven path to achieving a sustainable and successful future based on the concept of disruptive innovation. The ability of human beings to innovate is leading in the contemporary business world, which is oriented towards long-term success. Clayton’s ideas are focused on presenting a realistic framework according to which sustainable is achievable as well as new innovations address current needs and expectations identified in different markets (Christensen et al., 2008). As Clayton a rgued, market leaders are responsible for embracing such innovations and exploit the numerous advantages of technologies. As a result, this would contribute to the emergence of a high level of sustainability in the dynamic business environment (Maldonado, 2014). The model introduced by Professor Clayton provides managers with an opportunity to offer relevant insights into the most appropriate way of utilising disruptive technologies. The professor presents his arguments in a clear, consistent manner, which helps individuals understand the specificity and applicability of his theory (Christensen, 1997). The emergence of particular value networks is in line with the basic idea to refocus on technology through the distinct model of disruptive innovation (Petrick and Martinelli, 2012). Moreover, Professor Clayton emphasises the necessity to discuss different managerial decisions, which contribute to enhanced sustainability in the business world. Moving to a sustainable and successful future may be challenging for human beings, but they can make a sense of all activities pertaining to disruptive innovation and apply them in practice. This can help individuals realise the potential and practicalities of the ideas shared by Professor Clayton (Habtay, 2012). Emphasis on the learning cycle shows that both individuals and companies can embrace the concept of change, which may contribute to expanding sustainability not only in the organisational context but also in society (Christensen et al., 2008). The professor’s teaching is intended to clarify any misunderstanding related to business performance in the contemporary world. His ideas suggest that sustainability and business success are attainable through the simple realisation of companies’ potential (Christensen, 1997). In addition, the development of new capabilities as related to specific organisational boundaries may be a relevant solution to overcome problems i n a company’s performance. Conclusion This paper discussed Professor Clayton Christensen’s theory on disruptive innovation, which has been recognised as a significant tool in driving the growth of many organisations (Christensen et al., 2008). The paper also provided arguments pertaining to the successful implementation of the theory in practice. Ryanair was referred to as an example of company, which adheres to the model of disruptive innovation (Paton, 2013). It has been concluded that Ryanair’s low-cost strategy has brought substantial success to the company. Moreover, the paper discussed details on how the professor’s teaching is inspiring for human beings in the process of moving forward to a sustainable and successful future. References Chandra, Y. and Yang, S. (2011). ‘Managing Disruptive Innovation’. Journal of General Management, vol. 37(2), pp.23-50. Christensen, C., Johnson, C. W. and Horn, M. B. (2008). Disrupting Class: How Disruptive Innovation Will Change the Way the World Learns. New York: McGraw-Hill. Christensen, C. (1997). The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail. Boston: Harvard Business Review Press. Cortez, N. (2014). ‘Regulating Disruptive Innovation’. Berkeley Technology Law Journal, vol. 29(1), pp.175-228. Govindarajan, V., Kopalle, P. K. and Danneels, E. (2011). ‘The Effects of Mainstream and Emerging Customer Orientations on Radical and Disruptive Innovations’. Journal of Product Innovation Management, (1), pp.121-132. Habtay, S. R. (2012). ‘A Firm-Level Analysis on the Relative Difference between Technology-Driven and Market-Driven Disruptive Business Model Innovations’. Creativity Innovation Management, vol. 21(3), pp.290-303. Jang, S. W. (2013). ‘Seven Disruptive Innovations for Future Industries’. SERI Quarterly, vol. 6(3), pp.94-98. Maldonado, E. R. (2014). ‘How to Identify Disruptive New Businesses’. Global Conference on Business Finance Proceedings, vol. 9(1), pp.510-520. Paton, M. (2013). Ryanair Profits Soar 21% [online]. The Motley Fool. Available at: http://www.fool.com/investing/general/2013/01/28/ryanair-profits-soars.aspx [Accessed: 14 August 2014]. Petrick, I. J. and Martinelli, R. (2012). ‘Driving Disruptive Innovation’. Research Technology Management, vol. 55(6), pp.49-57. Schmidt, G. M. and Druehl, C. T. (2008). ‘When Is a Disruptive Innovation Disruptive?’ Journal of Product Innovation Management, vol. 25(4), pp.347-369. How to cite Business Strategy And Economics, Essay examples

My ACL OWW!! free essay sample

Summer is supposed to be a happy time. But—for me—it was heartbreak and agony. Summer league basketball game changed my summer. And my life. Forever. POP. My ACL was torn and I knew it. Right away. As I looked into the crowd, limping off the court, I saw my parents’ faces. They had heartbreak on their faces. As soon as the doctor gave us the verdict about the tear—â€Å"Your ACL is torn and you will be out of sports for nine months†Ã¢â‚¬â€I knew my summer was over and the heartbreak set in. Surgery was scheduled a month later†¦I had never had surgery before and didn’t know what to expect. As I sat in the hospital waiting I thought, What if my muscles don’t except the surgery? What if my heart stops? How much will my mom be worrying while I’m in surgery? After surgery, I had physical therapy for weeks and a nine month recovery ahead of me. We will write a custom essay sample on My ACL OWW!! or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Physical therapy showed my true character because I was willing to fight through pain and disappointment. It was a struggle every day and I knew the more I worked at it, the faster recovery I would have. My doctor didn’t allow me to participate in any physical activity for nine months, which for me felt like an eternity. In that nine month span I had decided to quit playing competitive basketball for good and that I would focus on my favorite sport†¦golf. Golf was my true passion in life and I knew that if I worked hard enough I could succeed. When I quit basketball and focused on golf, I found reward in a collegiate scholarship. This was a huge deal for my family and I. Everyone was excited and happy that I had reached my final goal of a collegiate scholarship.