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Wednesday, August 26, 2020
Sylvan Island Essays - Moline, Illinois, Rock Island, Illinois
Foresty Island Kevin Danforth/David Zemke Teacher Tweet School Writing 101-15 16 Nov. 2000 The Sylvan Island Dream Bouncing into the water from a dam, going around through the trees, and angling from the shore were a portion of the many energizing exercises experienced by a youthful young man on Sylvan Island during the 1930's. In spite of the fact that these occasions were ample, they would before long reduce throughout the years. Republic take which gave numerous employments to individuals from the network left business and left nobody to keep up legitimate consideration for this present kid's play area. This island that once upheld trails for individuals to walk and ride bicycles, open land for family picnics, and a serene climate for one to unwind was presently loaded with contamination and brush that made it unimaginable for one to appreciate. Nothing was truly made of the island until the 1960's when Professor Norm Moline from the geology office at Augustana College chose to take a class over for hands on work. At the time the main goal was to give labs and experimentation to the understudi es. As the class proceeded, the understudy's center began to include the island's history and potential changes that could be made to the island later on. What initially began as a class venture currently ended up being a beginning stage in returning beloved recollections to numerous who invested energy making this island their home. Numerous understudies and workforce had long and transient thoughts of what should be possible to reestablish the island once more into what it used to be. In the long run many chipped in long periods of difficult work would be spent reestablishing the island. The undertaking would not anyway be finished by teacher Moline and his understudies. It would turn into a beginning stage in which a once little fellow named Jesse Perez who experienced and grew up with the magnificence of the island, would dominate and proceed with the mission in making Sylvan Island a home for some to encounter the islands delights for quite a long time to come. History of the Island Woody Island was made in 1865 in light of the fact that the U.S. government required more force so as to make a weapon store for the stockpile in Rock Island. The administration and Moline Water Power Co. chosen to make a dam that would give capacity to the armory just as the water organization. The administration would gracefully for all the costs yet the water organization would flexibly the land required. Plans for the dam were finished up in 1869 and expressed that the dam would be associated with the terrain at sixth Street. The dam would proceed with the island until it crossed the channel into Rock Island. By 1871, all manifestations of the dam were finished and both Moline Water and the munititions stockpile got the force required. Somewhere in the range of 1941 and 1942 Mid American Energy moved the dam toward the eastern piece of the island. From that point forward, no progressions have been made. In 1894 Sylvan Island was rented to Sylvan Steel Company which would assume control over the island. The factory would on normal produce 25,000 tons of steel each year. This sum was so high on the grounds that in 1898 a 5-ton heater was bought, and could deliver refined iron, hard and delicate steel, horticultural iron, trader bar steel, and steel shapes. There were likewise coal and gas-terminated heaters alongside four factories extending from eight to sixteen inches. That equivalent year Sylvan Steel and Republic Iron and Steel Company of Chicago would combine and become Republic Steel. There would be a sum of 150 representatives. At the point when the two organizations joined, the assembling of steel would now be from utilized rail steel. A wide range of farming devices and supplies were presently delivered because of the merger. The most prosperous year came in 1931 when 38,605 tons of steel was delivered. Republic Steel would be good to go until 1956. A wide range of ends have been made with regards to why the plant shut down. In the event that you were one of the workers, you would most likely say the explanation was on the grounds that the steel being created was excessively thick and incapable to be cut effectively, so huge organizations, for example, John Deer would no longer buy from the plant. Proprietors of Republic Steel said the explanation behind the organization's exhaustion is on the grounds that
Saturday, August 22, 2020
Management Theorists Summaries
Chandler: The Enduring Logic of Industrial Success Main case: Successful organizations misuse economies of scale and degree in capital-serious enterprises by putting resources into: â⬠¢ Production limit: innovation, look into and improvement â⬠¢ Strong administration chains of command â⬠¢ National and global promoting and dispersion systems Secondary cases: â⬠¢ The ? st organizations to cause these speculations to rule their market and are First Movers; they have the high ground on the Experience Curve and in this way an upper hand, and they keep up their situation through steady advancement and methodology. â⬠¢ Growth through irrelevant diversi? cation is a poor business procedure; the correct thought is moving into related item advertises or to extend topographically â⬠¢ Companies in an oligopoly gotten more grounded through extreme rivalry. Organizations develop on a level plane by joining with contenders, and vertically by going in reverse to control mater ials and forward to control outlets. Greiner: Evolution and Revolution as Organizations Grow Main case: Organizational development is described by ? ve progressive formative stages, each with an administration center and style, and each followed by an anticipated emergency; the executives rehearses that work in one stage are unsatisfactory for the following and accelerate the crisis.Secondary claims: â⬠¢ Organizations ought not skip stages; some go rapidly through them, some relapse â⬠¢ Top chiefs whose style is not, at this point proper should evacuate themselves â⬠¢ Growth is avoidable â⬠¢ The fate of an association is resolved dominatingly by its history (conduct is resolved more by past occasions/encounters than by what lies ahead) Phases of development (CDDCC): â⬠¢ Creativity: casual, extended periods, advertise criticism â⬠¢ Direction: order, specialization, formal correspondence, directors, administrators â⬠¢ Delegation: decentralized authoritative structure, engaging of lower-level supervisors â⬠¢ Coordination: formal arranging, top officials start and administrate new frameworks â⬠¢ Collaboration: cooperation, critical thinking, open-entryway lattice structure Phases of insurgency (LACRPs): â⬠¢ Leadership: vital aptitudes to present new methods â⬠¢ Autonomy: ? eld managersââ¬â¢ experience information is confined by the order â⬠¢ Control: top chiefs look to recover control of the organization â⬠¢ Red tape: overabundance limitations and guidelines, administration, ineffectualness in critical thinking â⬠¢ Psychological immersion Barney Main case: Internal and External Analysis gives a fair perspective on a ? rmââ¬â¢s upper hand, which is a moving objective. Outside condition investigation (openings and dangers) can't clarify a ? rmââ¬â¢s accomplishment without anyone else; specialists must examine its interior qualities and shortcomings. VRIO Framework: â⬠¢ Value: does a ? mââ¬â¢s as sets and capacities empower it to misuse a chance or kill dangers? (high status and quality, minimal effort and down to earth) â⬠¢ Rarity: is an asset or ability constrained by few ? rms? â⬠¢ Imitability: is there dif? culty and cost impediment in mirroring what a ? rm is doing? (history, various little choices, socially complex assets, implanted societies) â⬠¢ Organization: are a ? rmââ¬â¢s approaches and systems sorted out to abuse its important, uncommon and expensive to-mimic assets? (revealing structure, the board framework, pay strategies) SWOT Framework: Composed by Internal and External Environment examination; intends to recognize the key issues confronting an organization. Qualities: inside assets and abilities â⬠¢ Opportunities: outside patterns, industry conditions and serious condition â⬠¢ Weaknesses and Threats: gives that must be routed to improve a companyââ¬â¢s circumstance Tangible Resources: â⬠¢ Financial: money or money counterparts, acquiring limit â⬠¢ Physical: plants, offices, fabricating areas, hardware and gear â⬠¢ Technological: exchange privileged insights, licenses, copyrights, trademarks, creative creation forms â⬠¢ Organizational: vital arranging, assessment and control frameworks Intangible Resources: â⬠¢ Human: experience, capacity, trust, administrative aptitudes, speci? c practices and strategies â⬠¢ Innovation/Creativity: specialized and scienti? c abilities, advancement limit â⬠¢ Reputation: brand name, quality, unwavering quality, reasonableness Organizational Capabilities: â⬠¢ Competencies or aptitudes ? ms use to transform contributions to yields â⬠¢ Capacity to join substantial and impalpable assets to accomplish an ideal objective Collins and Porras Main Claim: Successful organizations have an unmistakable vision made up from a center philosophy and an imagined future that propel workers and guide dynamic. Center Ideology: directs, rouses and makes work impor tant for representatives. â⬠¢ Purpose: soul of and motivation behind why an association exists; hopeful inspirations â⬠¢ Values: solid convictions about what is most significant Envisioned Future: â⬠¢ BHAGs: clear, convincing objectives to connect with and stimulate; they should contain a quantifiable goal, be dif? religion however not feasible, and attainable in a drawn out period (10-30 years) â⬠¢ Vivid depiction: paints an energizing image of things to come (whatââ¬â¢s it going to resemble? BHAG types: â⬠¢ Qualitative and quantitative for feasible targets â⬠¢ David versus Goliath for a shared adversary objective â⬠¢ Emulation of good examples for cutting-edge associations â⬠¢ Internal changes for huge, built up associations Other Stuff Underlying Assumptions: they structure the premise of our convictions and thinking; they are the connection between the case and the proof (they clarify the pertinence of proof to the case). â⬠¢ Reality: convi ctions about how things and occasions work â⬠¢ Value: goals, norms of good and bad and how things should be PACCEs: consistently put an article through these ? ve ideas. â⬠¢ Persuasive language â⬠¢ Assumptions and qualities (convictions that influence how the creator sees the world) â⬠¢ Claim (the more extensive issue, the postulation the creator needs you to acknowledge) â⬠¢ Causal rationale (claims in regards to circumstances and logical results) â⬠¢ Evidence (SCRAAP: is it suf? cient, clear, definitive, exact, exact, delegate? )
Monday, August 17, 2020
Like Burger King Only Not (Guest Entry)
Like Burger King Only Not (Guest Entry) By Shannon Elizabeth Moran 12 You know that feeling when you wake up right before your alarm goes off, or you put on that favorite sweatshirt youve had since forever, or you get home after a long trip and just put down your bags and sigh because it feels so good to be home? Yeah. Thats kind of what going back to MIT feels like. So I visited back in February, had probably the second best time of my life (getting accepted and learning Calculus are tied for first Im quite serious), and knew absolutely for sure hands down no doubts that this was the place for me. If you want to get technical about it, CPW served no other purpose for me other than meeting new people and eating free food. Both of which I was fine with. About 15.3 other people have already told you all the events that made CPW amazing, though, which sort of makes me repetitive. Of course, theres the among other things. But those alone doesnt do this place justice, though citrus tastes oh-so-delicious. The best parts of my CPW were a mix of And you know what? I ended up at half of them by accident, or they werent even on the schedule, or I just happened to be walking along and think, Hey, that looks like fun. So Class of 2013, even though youre probably all reading this and are thinking, Ohmygods I cant wait to watch bouncy balls fall out of the sky and play in a ball pit and eat liquid nitrogen ice cream, what you get out of CPW will not be defined by what you read on the schedule though that part will be awesome, too. You only get one genuinely pre-froshy CPW, so take advantage of it if youre walking around in Baker and run into a bunch of current students who want to talk to you, stop and talk. You might just be there for an hour. Or if you dont think youre the Greek type, go to a frat party anyway. You might just have an awesome night. Your CPW is going to be as completely unique as you, so make the most of it. I mean, this was just my CPW. Have it your way.
Sunday, May 24, 2020
Walt Whitman and Drumtaps Essays - 870 Words
Walt Whitman and Drumtaps War is hell; there is no other way to put it. No matter how many times bards romanticize war and battle, there is that ultimate, inherent ugliness involved in the business of killing. There is no honor or heroism in dying for your country, you just die, it is a great tragedy and there is nothing you can do about it. Mortality is always present on both sides fighting the battle; there will continuously be casualties. Suffering, misery and destitution are constant whether on the march, sitting in the trench or charging across no mans land. The pain is felt on both warring sides, everyone suffers, war brings nothing but anguish, joy and happiness are non-existent. No one rejoices war, unless they are zealousâ⬠¦show more contentâ⬠¦Even though the southerners are technically his enemy, he still loves them tenderly as he would his own kin. His family has been killed at the hands of his family. There were many pale-faced men as this who were unfortunate victims of civil warfare. Thi s is a terrible tragedy, and Whitman challenges this by asking what happens after these hard-fought engagements or sieges tremendous? What deepest remains (The Wound-Dresser, l 12)? The answer, only those who survive to tell the tale remain. Is it really something to celebrate after massacring your fellow countrymen? One might point out the heroics and bravery exhibited in the war, men have been made stronger and is just a growing experience for the country, but was one side so brave? The other was equally brave (The Wound-Dresser, l 8). The heroics and bravery are without direction in this war. If you commit a great act of sacrifice, then the results only hurt those whom you share land with, your countrymen, your brethren. Whitman grieves for these people, for my enemy is dead. A man as divine as myself is dead (Reconciliation, l 4). There is no purpose to this feud; it has extinguished a man, who is an equal, from this world. By speaking of his enemies as his equals and as divine as himself, he captures their humanity and in effect how inhumane it is to destroy them utterly. Through this portrayal of parity in the humanness of those who endure torture, Whitman thrusts out that the war ultimately
Wednesday, May 13, 2020
Why Bombs Should Have Been Used On Japan - Free Essay Example
Sample details Pages: 2 Words: 452 Downloads: 8 Date added: 2019/10/30 Category History Essay Level High school Tags: Atomic Bomb Essay Did you like this example? Should the United States have used the Atomic Bomb on Japan? Well there are many ways to argue the case for and against the USAs deployment of atomic bomb in Hiroshima and Nagasaki. In my opinion Yes the United States should have dropped the Atomic Bomb but for one thing Hiroshima was chosen because it had not been targeted during the US Air Forces conventional bombing raids on Japan, and was, therefore, regarded as a suitable place to test the effects of an atomic bomb. It was also an important military base. Donââ¬â¢t waste time! Our writers will create an original "Why Bombs Should Have Been Used On Japan?" essay for you Create order There are many reasons why America would have chosen to drop the bomb and the majority can be seen as fair. At the point Japan was in a terrified position and at the same timeà America had completed creating the Atomic Bomb; however, Japan refused to accept the offer. Yes we should haveà dropped it because they had plenty of opportunities to surrender, and they didnt. We told them if they didnt surrender, there would be up against mass destruction put upon them. They chose to ignore it and brush it off. If we had invaded, then probably one fourth of Japans population would have been killed. à Yes, it was terrible that so many people died, but in the endà it was what the U.S. thought was necessary. One thing I dont accept that the atomic bomb did is a kill a lot of children who did not deserve to die. The simple reason for using the nuclear weapon was to keep American Soldiers lives from invading Japan on earth. Japan had a very strong force and some were terrified there could be some U.S. caulsilities.à But there were some people who thought that this nuclear weapons should not have been applied. Another reason why I believe that the atomic bomb should have been dropped was because America thought that Japan wanted world domination to save American lives. On August 6, 1945 the U.S. dropped the first bomb over Hiroshima, over 80,000 died instantly, 35,000 injured and 90,000 building were destroyed to pieces. The US claimed that they did it to save lives, a claim which found out that as well as this there also was money, technology, politics, science, communism, power, experimentation, military reasons and most importantly in my opinion, their burning desire for revenge. Yes the atomic should have been used on Japan. Truman wanted to prevent any spreading of communism from Stalin and stop him from expanding into Asia. However, I think that the main reason was to save the lives of Americans. If I had the say so of the atomic bomb I would have made sure it didnt kill people that were innocent.
Wednesday, May 6, 2020
Helping Children with Manners Free Essays
Manners are constantly changing from one century or one generation to the next. For example, a handshake originally was meant to show that men were not carrying a sword or dagger in their hands. Men still tip their hats because once knights in armor lifted the visors of their helmets to show their faces. We will write a custom essay sample on Helping Children with Manners or any similar topic only for you Order Now And it wasnââ¬â¢t too many years ago that a man almost always got up in a crowded bus and gave his seat to a woman. Nevertheless, certain manners do survive from one decade to the next, and this is because manners make life easier for everybody. There are three important ideas behind the good manners we use today: custom, consideration, and common sense. Custom is the habit of doing certain things like shaking hands and tipping hats mentioned above. Consideration is the most important idea behind all good manners. Almost always, being considerate is being well-mannered. Consideration is simply thinking about the way the other person feels. Being rude to someone are bad manners, not because a book says so, but because it causes hurt feelings. Nearly all good manners have in element of common sense. If you are standing in the rear of a crowded elevator, itââ¬â¢s neither reasonable-nor good manners-to try pushing your way to the front so you can get out first. These are the basic ideas we want to teach our children when we are trying to instill good manners-simple kindness, consideration, and common sense.à The following suggestions written for and directed to children may give some added authority in the matter of what is common courtesy and what is not. Manners at Home Home is where you learn to get along with people. ââ¬ËMe closer you live with other people, the more important good manners are. Everybody in a household should respect the rights and feelings of everybody else. Try to listen when others in the family have something to say. Even a little brother or sister who canââ¬â¢t yet read or a grandmother who seems quite old has a right to an opinion. It is important for members of a family to consider each otherââ¬â¢s privacy. No matter how crowded a home is, everyone in it has a right to some place that is his own. Here are some privacy donââ¬â¢ts: Donââ¬â¢t open a closed door until you have knocked and waited for permission to enter. Donââ¬â¢t go into anyone elseââ¬â¢s bureau, desk, box, or papers at home or anywhere else without his permission. Donââ¬â¢t read anyoneââ¬â¢s mail or anything he has written (for example, a diary) unless he asks you to. Donââ¬â¢t discuss the private affairs of your family with outsiders or tell about a family problem. Another important part of family good manners is sharing. You share the TV set and the telephone and the bathroom and maybe a bedroom or a closet or a desk. You share the work. This means cleaning up after you and sharing the responsibility for the safety of everyone in the house. Telephone Manners Always give the person you are calling plenty of time to get to the phone before you hang up. If the person who answers is not the one you want, give your name and ask if you may speak to the person youââ¬â¢ve called. Ask, ââ¬Å"May I speak to Tommy?â⬠not ââ¬Å"Is Tommy home!â⬠If he isnââ¬â¢t in, you may leave a message. If someone dials your number accidentally, accept his apology. Everyone sometimes dials a wrong number. No one intends to. If you accidentally dial a wrong number, excuse yourself. It is considerate to make phone calls at a time when they will not disturb people. Try not to call too early in the morning (before about 9:00) or too late at night (after about 9:30). Try not to call at mealtime. Itââ¬â¢s handy to keep a pencil and paper near the phone. If someone calls a member of the family who is not at home, ask the caller if he would Ilk to leave a message. If he does, be sure to get his name and number. 7 if you take a message are sure to remember to deliver it! Table Manners Most families have established their own table manners that are important to them. Here are a few that should be remembered when you are at home and when you are a guest Never reach for any food that is not right in front of you. Ask someone to pass it. And if you are passing something, donââ¬â¢t help yourself along the way. If your food is too hot, wait for it to cool. Donââ¬â¢t blow on it. If you put something in your mouth thatââ¬â¢s too hot, donââ¬â¢t spit it out. Reach for your water and take a quick swallow. Donââ¬â¢t talk with your mouth full. Bring your food up to your mouth rather than bending over to reach it. There are a few additional rules for eating in a restaurant: Donââ¬â¢t be upset if you spill something. It happens all the time. The waiter will clean it up. Donââ¬â¢t pick up your silverware if you drop it on the floor. Ask the waiter to replace it for you. Donââ¬â¢t put packages or handbags on the table. Donââ¬â¢t comb your hair at the table. Donââ¬â¢t use a toothpick in public. Being a Guest We all know that we have certain responsibilities when we are the host or hostess. But there are responsibilities when one is guests that are equally important. Here are a few of them: Donââ¬â¢t go visiting unless youââ¬â¢re expected. Donââ¬â¢t overstay your invitation. Donââ¬â¢t expect to be waited on. Offer to help. Donââ¬â¢t plan to stay overnight without consulting the hostess and your parents. Donââ¬â¢t upset the familyââ¬â¢s routine. Try to fit in and (your part. Donââ¬â¢t make extra work. Make your bed, straighten up after yourself. Be sure to say thank you for a meal or an overnight visit at a friendââ¬â¢s house. Manners on the Street Unless you are at home or at a friendââ¬â¢s house, you are on public property. Bemuse this property is used by many people, it is especially important that everyone use common sense and good manners. Here are some street donââ¬â¢ts: Donââ¬â¢t walk in bunches so that you block others. Donââ¬â¢t stop to chat in the middle of the sidewalk. Step to the side so that people wonââ¬â¢t have to move around you. Donââ¬â¢t stare at or make fun of anyone, no matter how strange he may look. Donââ¬â¢t be a litterbug. Donââ¬â¢t mark on buildings or other public property. If you bump into someone or step on his toe, say youââ¬â¢re sorry. A Final Note to Parents You have most likely already dealt with most of the above suggestions with your child. However, when it comes to manners, children need frequent reminders. One of the best ways to teach manners is to role-play; the parent takes the role of host or hostess, guest, salesperson, someone at the other end of the telephone, etc. This reduces the childââ¬â¢s conception that the parent is nagging, and it is a technique that works. Website: www.childdevelopmentinfo.com How to cite Helping Children with Manners, Essay examples
Monday, May 4, 2020
Context Of Executive Remuneration Samples â⬠MyAssignmenthelp.com
Question: Discuss about the Context Of Executive Remuneration. Answer: Introduction: From last few years, executive remuneration was considered as highly controversial subject which not only attract the attention of the public, but also attract the attention of the regulators, media, etc. (Clarke Branson, 2012). Curiosity related to pay packages of the executives is developing across the globe (Clark and Schor, 2008). Interest of the public in context of corporate governance increases because of the high profile failures of organization, and some of these failures have devastating impact on the general public. Even though remunerations paid to the executives as a mechanism of corporate governance has been used for the purpose of solving agency problems, it itself becomes an issue related to the corporate governance. This paper provides a brief description related to the executive remunerations components and theoretical perspectives. This paper discusses relationship between the compensation of executives and performance of the company. Further it discusses the causes because of which organization fails to align the remuneration of executives with the objectives of the company. Lastly, paper is concluded with brief conclusion which states key facts of the report. Executive Remuneration: Productivity commission of Australian government (2009) study stated that from the period of 1990s to 2007, there was strong growth in context of compensation paid to executives and also occurrence of large payments to the executives of the organization, even though performance of the company was poor, and this increases the concern of the community that remunerations paid to executives was not in control. Public shareholders were also keen because of the questionable practices in financial institutions abroad. Organizations pay compensation to the executives through different ways such as hourly workers or salaried professionals. Generally, payments made to executives were based on the profit earned by the organization. Generally, when company underperforms, executives of the organization receive fewer amounts related to their potential pays. On other side, if organization successfully meets its objectives and achieve higher profits then executives of the organization receive higher amount of profit (Rampling, 2015). Corporate Governance and executive remuneration: As stated above, executive compensation package is considered as hot topic of the debate, and number of researchers conducts research on the same. Connection between these two terms is very important and both ensure trust of the employees and good reputation of company. This section of the report defines the relationship between agency theory and executive remuneration, and it also states the relationship between corporate performance and executive remuneration. Agency theory executive remuneration: In large organization, problems related to agency generally exists, in which separation of ownership and control take place between three essential parties of the organization that are shareholders, the board of directors, and executives of the company. Shareholders of the organization are considered as owners of the company, board of directors of the organization are responsible to control the decision making process on shareholders behalf, and executives of the organization bear the responsibility to check day to day operations of the business. Chances are present that managers of the organization use the assets of the company to enhance their own lifestyle. In other words, executives grab the advantages of control power for the purpose of satisfying their personal needs such as using expensive cars and personal trips at the cost of organization (Neokleous, n.d.). Therefore, principal-agent theory is considered as the keystone of the compensation paid to executive and corporate governance. Compensation paid to executive is paid in different forms such as basic salary, bonus, stock options, restricted share plans, etc. Additionally, executive also get remunerations through loans and compensation schemes even after their retirement from the organization. At the time of retirement of CEO from the organization then he/she receives the performance shares owned. CEO also has option to sell and restricted stock accumulated, and this sis considered golden parachute. All these issues are considered as serious ethical concerns, and it directly affects the performance of the company and profits of the shareholders. It is necessary for board of directors of the company to regulate the executive compensation as per the regulations and provisions prescribed by the government (Balasubarmaniam, 2013). Executive Remuneration and Company Performance: Generally, compensation packages of executives include some necessary requirements related to the company performance, and relationship between executive pay and performance of the company is regulated by the executives of the company. Numbers of researches are conducted for the purpose of determining whether there is actually a relationship between the company performance and executive pay. Studies further stated whether these researches are positive and negative and how these affects the economic aspects of the company, and its reliability in the current market. Usually, three types of performance measures are there and these measures are market-based, accounting-based and individual based measures (Modau, 2013). Performance of the company is measured by using different sources such as return on assets (ROA), market-to-book ratio, earnings per share (EPS) and return on capital employed (ROCE), shareholder return and individual director performance. However, any negative relationship between the performance of the company and executive pay are result of the agency issues, which means executives of the company take undue advantage of their positions and act in fraudulent manner for the purpose of achieving high executive compensations. It must be noted that, unexpected failures of the company and financial scandals such as high compensation package to the executives of poorly performed companies, destroy the confidence of the shareholders and other investors in the organization. Shareholders of the organization trust the board of directors of the company and believe that board takes informed and ethical decision while managing the company. Irrelevant compensation to the executives of the organization shakes the trust of the investors in the board and this harmful for the reputation of the organization. Therefore, it is necessary for the board of directors of the organization to frame proper mechanism for executives pay packages. Causes for organizations failure to align the executive remuneration: System which regulates the pay of executives must not be isolated from rest operations of the organization, but it must be an integral part of the business model of the organization. Compensation paid to executives must attempt to provide motivation to the executives of the organization, as well as to the other staff members also. In other words, main purpose of executive pay system is to provide long term benefits to both executives and business. Additionally, these systems must be fair in nature and related to the actual effort and success of the organization. There is no universal method which provides the way through which remuneration package of he executives can be mapped with the value and efforts of the organization. Various researches stated that human resources and their judgments play most important role, and there efforts can be considered as quantitative measurements for the purpose of designing proper risk adjusted pay systems. The first and most important step for establishing the reliability is to seek proper balance between the fixed and variable elements of any plan. Following are causes because of which organizations fails to align the executive remuneration with the objectives of the company: Organization does not provide recorded salaries and bonuses to their employees: as stated above, from the period of 1990s to 2007, there was strong growth in context of compensation paid to executives and also occurrence of large payments to the executives of the organization, even though performance of the company was poor. Executives of the organization do not receive the amount which is actually recorded in the books, but they are receiving much higher amount than this. Executive of the organization fails to fulfill their responsibility towards the organization, shareholders, and other stakeholders. This is considered as biggest reason (SAPP, 2006). An annual change in the compensation packages does not show any changes in the performance of the company: generally, executives charge their remuneration as per the performance of the company, which means if company performs good then executives charge high amount as compensation, and if company performs bad then executive charge les amount. In other words, performance of the company decided the remuneration of the executives. However, in some situations executives of the organization get more pay even though company does not perform well, and this is considered as another big reason because of which company fails to align the objectives with the executive pay system. Failure to disclose executive remunerations in annual reports: there are number of annual reports of different organizations in which information related to the executives pay are hidden in plain view (CIMA, 2010). Generally,management hides the actual figures and policies related to compensation plan behind the thick layer of legal jargon. For dealing with all these issues, it is necessary that government and organization ensure effective reporting, especially at this time when issue related to the executive pay package is the center topic of debate. Through effective reporting, stakeholders of the organization shareholders get accurate information for the purpose of making resource allocation decisions. Regulators make strict provisions in this regard and demand more disclosures. Therefore, it can be said that remuneration package of the executives is considered as most important element of the success of any organization. It not only shapes the behavior of top executives of the organization but also determine the types of executives and their role required by the organization. Because of the pressure of public and regulatory bodies, directors of the organization reward the CEO with high financial gain for good performance, and similarly they impose penalty on the CEO for bad performance. Conclusion: After considering the above facts, it can be said that proper governance in the executive packages play important role and it is necessary for themanagement to frame proper regulations and guidance for this purpose. There is no universal method which provides the way through which remuneration package of he executives can relate with the value and efforts of the organization. Organizations pay compensation to the executives through different ways such as hourly workers or salaried professionals. Generally, payments made to executives were based on the profit earned by the organization. Executives use these methods in negative manner for the purpose of getting undue advantage of these methods. It must be noted that, when company underperforms, executives of the organization receive fewer amounts related to their potential pays, but in some cases executive charge high salaries even though performance of the company is bad. Various researches stated that human resources and their judgments play most important role in this context. In other words, Board of directors of the company play most important role in monitoring the packages paid to executives. References: Balasubarmaniam, N. (2013). Corporate Governance Issues in Executive Compensation: The Indian experience (20082012). Available at: https://iimb.ac.in/research/sites/default/files/WP%20No.%20426_0.pdf. Accessed on 13th March 2018. CIMA, (2010). Executive remuneration schemes and their alignment with business sustainability. Available at: https://www.cimaglobal.com/Documents/Thought_leadership_docs/CIMA%20Executive%20remuneration%20schemes%20and%20sustainability.pdf. Accessed on 13th March 2018. Clark, A. and Schor, E. (2008) Your Company is bankrupt, you keep $480m. Is that fair?,Available at: https://www.guardian.co.uk/business/2008/oct/07/lehmanbrothers.banking. Accessed on 13th March 2018. Clarke, T. and Branson, D. (2012) The SAGE Handbook of Corporate Governance, London: SAGE. Modau, M. (2013). Relationship between CEO remuneration and financial performance of an organization. Available at: https://repository.up.ac.za/bitstream/handle/2263/40578/Modau_Relationship_2013.pdf;sequence=1. Accessed on 13th March 2018. Neokleous, C. Executive Remuneration as a Corporate Governance Problem. Available at: https://www.federalists.eu/fileadmin/files_uef/Congress_2013/PC_Reading_Material/PC1_Contribution_UEF_Cyprus_Reflection_Paper.pdf. Accessed on 13th March 2018. Rampling, P. (2015). CEO and executive director remuneration practice and corporate financial performance: a comparison of practices in the USA, UK and Australia. Available at: https://epubs.scu.edu.au/cgi/viewcontent.cgi?article=1475context=theses. Accessed on 13th March 2018. Sapp, S. (2006). The Impact of Corporate Governance on Executive Compensation. Available at: https://www.efmaefm.org/0EFMSYMPOSIUM/2007/papers/sapp.pdf. Accessed on 13th March 2018.
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