Benefits Of Coaching As Best Described By Sir John Whitmore

Coaching as best described by Sir John Whitmore is unlocking a person’s potential to maximize their own performance. It is helping them learn rather than teaching them. Coaching is a relationship, usually found in the workplace, focused more on task and performance. A coach would likely set goals for the learner and evaluate performance upon completion of a task or at the end of a period. Coaches are usually assigned. John C. Crosby says, â€Å"Mentoring is a brain to pick, an ear to listen, and a push in the right direction.† A mentor is a more experienced person that is willing to share knowledge with a mentee in a trusted relationship. Mentorship influences personal development as a whole and his or her career. This relationship does not have to be a formal one; mentors can be beneficial from a distance. Mentors are usually self-chosen. As human nature dictates, we all have to be motivated or see the potential benefits of the things we do. Will taking this course of action make us happier, place us in a better financial position, or get you that promotion? Both mentoring and coaching can benefit individuals in progressing successfully in their careers. Using coaching can increase productivity, build self-confidence, improve skills, and ensure satisfaction of clients. There is a saying in the Bahamas, â€Å"fisherman don’t call his fish stink.† Essentially, it means that we often are not aware of or willing to acknowledge our downfalls and deficiencies. In a coaching relationship,

The Current Policies And Procedures - 1416 Words

In reference to David and Anne case study, Anne ought to be advised by the healthcare providers about the aforementioned policies and procedures in order to ensure that they are adequately informed about the care, and are supported throughout the care process. Anne should be guided that it is alright to grieve for her husband, and that recovery is not a rapid process and is a long journey, but with appropriate interventions, procedures and policies, all will be alright (NICE, 2013). 2.2 Explain how others in social networks provide support to Anne and David People who are closely affected by addiction are close relatives, family members, staff, and volunteers of the healthcare organizations. According to National Institute for Health and†¦show more content†¦2.3 The suitability of external sources of support to people affected by significant life events David and Anne may also need professional support in some cases. The support provided could be from cultural support, spiritual organizations, psychologist, psychiatrist and occupational therapist. The main aim for these referrals is to ensure that the individuals obtain holistic assessment and are assisted accordingly. The holistic assessment includes physical assessment, spiritual assessment, and psychological, social and cultural support. This is important so that the external support can relate to preferences and needs associated to treatment, care and support. The holistic assessment is often done by multidisciplinary group including the healthcare professionals. The treatment made should be tailored to match the individual needs (Shear, Marion and Kenworthy, 2013). The psychological support includes emotional empowerment and support which is achieved from support groups such as the anonymous group. The services include cognitive behavioral theory and training of social skills. This will help the providers to work on David and Anne confidence and phobias issues. It will also help improve medication adherence in order to ease the psychological distress such as depression and anxietyShow MoreRelatedHow Current Health and Safety Legislation, Policies and Procedures Are Implemented in Setting21540 Words   |  87 Pagesdevelopment. †¢ Listening to, encouraging, enabling, stimulating and ensuring the safe keeping of the children †¢ Provision of refreshments, encouraging healthy eating and promoting a healthy lifestyle †¢ To implement and update policies and procedures in line with Ofsted and NCMA guidance. †¢ To work towards assessment against a nationally recognised quality assurance scheme. Health and Safety To ensure a safe environment for children including †¢ Risk assessments should beRead MoreDescribe How Current Health and Safety Legislation, Policies and Procedures Are Implemented in the Setting.739 Words   |  3 Pages1) Describe how current health and safety legislation, policies and procedures are implemented in the setting. There are several key pieces of legislation that impact on how schools manage the health and safety of both their employees, and others who come into contact with the school e.g pupils, support workers and parents. These pieces of legislation are: The Health and Safety at Work, etc Act 1974 This act places the responsibility of ensuring the health and safety and welfare of employeesRead MoreIdentify the Current Legislation, Guidelines, Policies and Procedures for Safeguarding the Welfare of Children and Young People.1051 Words   |  5 PagesIdentify the current legislation, guidelines, policies and procedures for safeguarding the welfare of children and young people. These are as follows: †¢ Children’s act 1098/2004 †¢ Education act 2002 †¢ E-safety 2008 †¢ Safeguarding †¢ Human rights act. And many more. The following is an outline of current legislation, guidelines, policies and procedures within the UK Home Nation for Safeguarding Children. 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Some of these are; The Children Act 1989 This is an act to amend previous laws relating to children: To provide for local authority services for children in need and others: To make provision for those who foster, childmindRead MoreIdentify the Current Legislations, Guidelines, Policies and Procedures for Safeguarding the Welfare of Children and Young People Including E-Safety.758 Words   |  4 PagesIdentify the current legislations, guidelines, policies and procedures for safeguarding the welfare of children and young people including e-safety. Many accounts of child abuse and neglect can be avoided in many cases if all the agencies involved with children worked well together and were able to identify the signs that a child was at risk. 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Apple vs Samsung Patent Battle a Threat to Innovation Free Essays

APPLE VS SAMSUNG PATENT BATTLE A THREAT TO INNOVATION Rather than innovate and develop its own technology and a unique Samsung style for its Smartphone product and computer tablets, Samsung choose to copy Apple’s technology user interface and innovation style in these infringing products. Apple had accused Samsung of copying its intellectual property, including its very broad design patents for rectangular â€Å"electronic devices. And Apple wants to use those patents to stop its competitor from selling items like the new (rectangular) Galaxy tablet and (rectangular) Android-based Smartphone’s. We will write a custom essay sample on Apple vs Samsung Patent Battle a Threat to Innovation or any similar topic only for you Order Now On Aug. 24, a San Jose jury awarded Apple Inc. a whopping $1. 05 billion in damages. Apple-Samsung jury: Verdict †¢The nine-person jury in the trial between the two tech-giants faces a wildly complex form to determine the winner. †¢SAN JOSE, Calif. — There is little doubt that the trial between Apple and Samsung taking place here is complex, and perhaps nowhere is that clearer than in the form that jurors will have to fill out on their way to reaching a verdict later this week. The document, which both sides have yet to agree on, is still in its draft stage. In Samsung’s case, it’s 33 questions long, and stretched across 17 pages. For Apple, it’s 23 questions spread over nine pages. †¢Both forms ask jurors to check off which products infringe on specific patent claims, an exercise that includes going through charts that sometimes span several pages. On Apple’s form there are some 225 checkboxes regarding patent infringement. The other parts of the verdict form ask slightly more nebulous questions, like whether claims within the patents from both sides are valid, and the all-important dollar amount that one side or the other is owed as a result of any infringements. †¢On the bright side, certain patent features are greyed out since not all products carry the identical feature set. That could be a welcome sight for the nine-person jury, who must reach a unanimous decision. Result †¢The jury award shows the growing importance of design for electronic makers. California jury awarded Apple $1. 05 billion in a patent dispute with Samsung. †¢The share price of Samsung electronics dropped nearly 7. 5 %in trading THREAT TO INNOVATION †¢Industry has used copyright as a means of preventing innovation. Copyright was a deliberate weapon to stop innovation, and thus maintain the status quo. The patent system is being used similarly †¢Whether the patent system prevents people like them from entering th e market with their inventions is unknown. They are more than likely to continue working because they are optimists chasing a dream of seeing their invention realised; of being rich, or just creating something that serves a purpose. †¢The barriers to them achieving their goals for themselves and how they are shared to all must be removed. That means renovating the current system to enhance the opportunities for innovation. †¢It will require legislators with the will to change the rules and protocols in the face of opposition from vested interests. It is possible, but the motive may not originate from a wish to assist the corporation – like patents which were conceived to underwrite investments in innovation – but to serve the wider interests of society †¢Ã¢â‚¬ It will lead to fewer choices, less innovation, and potentially higher prices,† Samsung said in a written statement. †¢ â€Å"It is unfortunate that patent law can be manipulated to gi ve one company a monopoly over rectangles with rounded corners, or technology that is being improved every day by Samsung and other companies. †¢Apple, meanwhile, praised the court for â€Å"sending a loud and clear message that stealing isn’t right. † This highlights a central issue in today’s innovation-based economy. †¢Intellectual property law is based on the notion that copying is bad for creativity. It is usually cheaper to copy something than create something wholly new. If innovators are not protected against imitation, they will not invest in more innovation. †¢The real world, however, tells a different story. Imitation is at the centre of an enormous amount of innovation. Rules against copying are sometimes necessary. But in many cases, they serve to slow down innovation. Copying, in short, is often central to creativity. †¢How can copying be beneficial? Because it can enable as well as inhibit innovation. When we think of innovation, we usually picture a lonely genius toiling away until he or she finally has an â€Å"aha! † moment. †¢In fact, innovation is often an incremental, collective and competitive process. And the ability to build on existing creative work — to tweak and refine it — is critical to the creation of new and better things. Copying can also drive the process of invention, as competitors strive to stay ahead. AFFECTS ON CONSUMER †¢Consumers are the real loser in this verdict. †¢Consumers do not get Samsung accused products in U. S market. †¢Consumer confusion between products and functions. †¢Now consumer may not get better existing products for lower prices. BUSINESS LESSONS FROM A PPLE VS SAMSUNG †¢INSPIRATION NOT IMITATION. †¢DELIGHT LEADS TO DESIGN AND NOT THE OTHER WAY ROUND. †¢DON’T MIMIC BUSINESS DNA. †¢WE ALL DO WRONG STUFF BUT IF YOU GET NOTICED AND WARNED BE SMART. How to cite Apple vs Samsung Patent Battle a Threat to Innovation, Papers

Australian Conceptual Framework in Accounting Standard

Question: Discuss acout the Australian Conceptual Framework in Accounting Standard. Answer: Introduction: This unit will provide an understanding of Australian Conceptual Framework in accounting standard setting and its practical applicability in a commercial environment. The major purpose of this units is to make learners well versed with accounting concepts and principals applicable in Australia and its compliance by business entities. By the topics covered under this unit, I will be able to learn and understand Australian Conceptual Framework inclusive of accounting policies and standards along with its objectives and use in businesses. This study will assist me in my future as I will be able to form better business policies for my business or for the company for whom I will prevent penalties that can be imposed due to non-compliance. Further, I will also be able to develop better internal control to ensure ethics and legal framework in the accounting of operational activities. Conceptual framework refers to analytical tool with several contexts and variations. In this unit, we get to know that International Accounting Standards Board (IASB) has developed their own conceptual framework for the description of basic concepts. These standards are applicable to the preparation of financial statements in order to ensure uniformity and reliability in the information presented (Banerjee, Horridge and Vargas, 2016). In Australia, financial reporting standards are developed by Australian Accounting Standards Board (AASB). This body had also contributed to the development of global financial reporting standards. I will be able to learn Australian Conceptual Framework by studying its core principles and policies. The initial focus in this unit is focused on basic concepts as for advanced learning it is important to have a firm academic base. Thus, initially, I had cleared my basic concepts like accounting equation, double entry accounting, accounting cycle and preparation of financial statements and accounting records. I had gained this knowledge from learning of previous units, and I had practised these concepts thoroughly for a better understanding of further concepts. Now by learning accounting policies and procedures, I am shaping my accounting knowledge properly. I am applying this learning by studying financial framework of well-known Australian companies. In addition to this, I am also considering online articles on the concerned subject matter. Australian Accounting Standards are inclusive of necessities that are definite to entities operating in Australia. In accordance with the Australian accounting standards, business entities are required to prepare financial statements as per norms of Corporations Act 2001. These standards are applicable under two tiers which are as follows: Table 1: Applicability of Australian accounting standards as per tiers Tier 1 Australian Accounting Standards Tier 2 Australian Accounting Standards Reduced Disclosure Requirements This tier concept is governed by provisions of AASB 1053 and interpretations of these standards is provided under AASB 1048. In this unit, my priority was to understand the applicability of Australian Conceptual Framework on corporate entities as my aim is to become reputed financial advisor is future. For this post, I must have in-depth knowledge of financial concepts and its applicability in business situations. By considering this fact, I had focused on practical aspects of applicability, company examples instead of subjective theory. However, later I realise theoretical knowledge is the base for practical applicability. The major challenge in this unit I faced is simultaneous applicability of accounting standards for preparation of financial statements in order to show financial facts accurately. In starting classes, I was not attentive due to which now I am not able to understand some concepts. In order to resolve this issue, I will re-read the notes and study material provided to us in the unit. With this approach, I will be able to strengthen my concepts and can understand the subject matter in an efficient manner. For this, I will take help from my class fellows and mentor to resolve my doubts and for better clarifications. In addition to this, I will use secondary research to understand the concept. This will work as my strength as I will be aware of topics to make the lecture more interesting to be attentive. Furthermore, I can participate activities in academic activities to apply learnings in a proper manner. By this approach, I will be able to get good grades as well as overcome my academic weaknesses. As per my experience, various skills are required for an individual for learning in accounting. Primarily, a person must be well versed with accounting entries and double entry accounting as it is the core of the subject. If one has issues or doubts with this concept, then they can never understand further accounting concepts correctly. It is because; entire concepts are based on double entry system. Further, individual must have sound knowledge of preparation of financial statements manually as well as on software. By this, they will be able to maintain accounting records in an appropriate manner. Apart from subject knowledge, an individual must have analytical skills, communication and presentation skills and management skills (Barth, 2015). It is because they have to deal with inventory valuation, managing receivables and doubtful debts, budgeting, using of proper costing methods and managing periodic and perpetual inventory system. Feedback from the assessment is the most crucial aspect of the unit as this will let me know my weaknesses through which I will be able to identify areas on which I have to work. With the feedback, our mentor will provide us guidance to improve performance in the near future. Further, by abiding with provided recommendations I can work on my weaknesses to improve my performance and skills. In accordance with the study of Macve (2015), accounting is not about individual learnings as in real world one have to apply various concepts simultaneously in order to get desired results. This fact shows that different parts of accounting learning are strongly connected. In order to run business smoothly, entrepreneur and management is required to develop an efficient internal control. For this aspect, they are required to be aware of business concepts, ethics in accounting and regulatory framework. It is because, they are required to apply this knowledge simultaneously to develop viable business policies to achieved desired objectives. Further, this fact I also had experienced in my previous units. Previously, I was not able to make accurate depreciation entries accurately, and I ignored this fact but later in difficult problems of depreciation I completely struck. Then, my class fellow makes me understand basic concepts then he clarified my doubts. By this incident I get to know all concepts in accounting are connected in direct or indirect manner, and one should be focused while learning for better knowledge. Topics covered under this unit are directly connected to previous topics as for applicability of accounting standards it is important to understand how to record business transactions. On the basis of this knowledge, financial statements can be prepared to summarise accounting information (Henderson, Herbohn and Howieson, 2015). Further, the applicability of accounting standards is next step of learning as it assists in the disclosure of information in a proper manner. My previous concepts are clear through which I am able to understand concepts covered under this unit. However, the disclosure of depreciation is still an issue, but I am working on this by learning relevant standards like AASB 116 AASB 138 (Loyeung, Weber and Wells, 2016). My aim is to becoming a financial advisor in a reputed company and for this post, I am required to be well versed with the accounting concepts. In order to achieve my aim by learning accounting conceptual framework properly. Further, I am learning accounting software like Saasu, ERP, etc. In order to make improvement in my learning process, I will do part time job for small companies to apply my theoretical knowledge and to enhance my practical exposure in the field of accounting. Further, I will attend a seminar to know the viewpoint of experts to enhance my knowledge and to get a better vision. In addition to this, I will read online articles to get updated regarding amendments in accounting standards and its applicability on business entities. By this learning, my attitude towards accounting and commerce has been changed drastically. Previously, I think that accounting is all about figures like mathematics, but I was completely wrong. By this accounting course, I was able to understand accounting is about several policies and procedures to assist businesses in recording transactions in an appropriate manner. Further, this information assists stakeholders in making rational decisions to enhance profits and to achieve their desired objectives (Henderson, Herbohn and Howieson, 2015). For future, I am planning to apply for masters in accounting in a renowned university for enhancement of my skills and knowledge. I will also do a part time job to gain practical experience in accounting field. By this, I will be able to get proper growth in my career to achieve my dream. In addition to this, I will also learn accounting software to enhance my efficiency in accounting work. I will participate in academic activities to develop my interpersonal skills in order to become a good manager as well as a leader. By this approach, I will be able to overcome my identified weaknesses and to get prosperous future. References Banerjee, O., Horridge, M. and Vargas, R., 2016. A Conceptual Framework for Integrated EconomicEnvironmental Modeling. Journal of Environment Development, 25(3). Pp.276-305. Henderson, S., Herbohn, K. and Howieson, B., 2015. Issues in financial accounting. Pearson Higher Education AU. Macve, R., 2015. A Conceptual Framework for Financial Accounting and Reporting: Vision, Tool, Or Threat?. Routledge. Loyeung, A., Weber, J. and Wells, P.A., 2016. The cost of implementing new accounting standards: The case of IFRS adoption in Australia. Barth, M.E., 2015. Financial Accounting Research, Practice, and Financial Accountability. Abacus. 51(4). Pp.499-510.