Understand the nature of the national environment in which businesses Essay

Understand the nature of the national environment in which businesses operate - Essay Example Understand the nature of the national environment in which businesses operate Moreover, these organisations are able to meet the market demand effectively. P&G complies with all the state and federal laws including the Honest Leadership Act, Lobbying Disclosure Act and Open Government Act. Effective environment funding helps the organisation to avoid political challenges. Economical The recent financial crisis and global economic recession have affected the economic environment of the country. The organisation tries to implement a competitive pricing strategy to support the low purchasing power of people. On the other hand, infrastructure development supports the FMCG industry. The infrastructure followed by the company supports the industry. The target of the company includes growing the organic sales from 1% to 2% at a faster rate than that of the market and delivering the highest earnings per share. It also targets to generate free cash productivity of free cash flow of 90% or greater. Social The organisation tries to introduce healthy goods to target healt h-conscious people. For example, UNICEF and Pampers are working together to maintain good health of babies. The company follows good governance and contributes for the benefit for the society. They have offered healthier products for the health conscious society and the targets set by the company for the future are always in line with the objectives of societal benefits. Technological Leading global business organisations try to implement advanced technology in business process to enhance their business performance. P&G uses latest and developed technology to attract customers. Moreover, random technological innovation has provided P&G with a significant competitive advantage. The company uses latest technology in order to attract the customers. The company offers tremendous competition to other competitors in the market. The degree of competition is backed by use of advanced technologies. Environmental The organisation has developed several business operation objectives in order to reduce the level of carbon emission. They try to reduce the level of GHG emission in order to bring sustainability into their business operations. The goal of the company includes building at least 550 billion in cumulative sales in the product category of sustainable innovation. This category of products follows an improved environmental profile. Legal The organisation maintains health, safety and environmental standards to avoid legal chaos. The customers are becoming more and more aware of the health and safety requirements and hence try to opt for the products that are healthier and safer. The company maintains the regulations existing in the countries of operation. P2. 1 The United Kingdom is one of the largest global economies. The UK economy is a mixed one. Over the last two decades, the strength of public ownership has been significantly reducing. The United Kingdom is known for the Industrial Revolution in the 18th century. Slowly and gradually, the economy of UK has shift ed towards the service sectors (Lipsey and Chrystal, 2011, p.16). Tourism, banking, insurance and other business services are considered as the major growth driver of the UK economy. A mixed economy presupposes a unity of public and private control. It reflects the characteristics of both command economy

Life Coaching Article Example | Topics and Well Written Essays - 750 words

Life Coaching - Article Example Furthermore, it is never too late to take a breather, evaluate one's circumstances, and change course if this becomes the apparent ideal solution to a problem or a difficult situation. Life coaching is an effective tool which one can rely on achieving the needed clarity, set up a process by which specific, measurable, and achievable goals are set, and a clear strategy to achieve these goals is outlined. There are different types of coaching, such as sports or performance coaching, leadershipcoaching, strategy coaching, skills coaching, career coaching, personal or life coaching, business coaching, executive coaching, etc. Life Coaching, to define it, "is the practice of assisting clients to determine and achieve personal goals." (Permut) Life coaching is an alliance between a client and a coach who is a professional and provides guidance and accountability. The coach helps by first empowering one in defining exactly what one's true dreams, passions, strengths, weaknesses, fears are, and then in guiding in achieving specific goals based on exactly that individual's profile. The coach however does not take responsibility for any of the client's action. The client is in full control of his destiny at every step. The environment is that of support, trust, motivation and encouragement. Complete confidentiality, as allowed by the law is always assured. In the end this process will enabl... He/she is confident that all weaknesses and fear can be either overcome or leveraged for success. The International Coach Federation also acknowledges the great value of coaching in producing important benefits in the clients' personal and professional lives. "Through the process of coaching, clients deepen their learning, improve their performance, and enhance their quality of life." (Rothwell and Sullivan, 389) It is, however, fundamental to realize that life coaching is not psychotherapy or consulting. "Coaching is not psychotherapy... Unlike therapy, the coaching relationship is a partnership and is much more egalitarian than the traditional therapy relationship [and] the coaching orientation is outcome and action driven in the external environment." (Gooding, 36) Significantly, coaching focuses on empowerment, values, wants, desires, and visions of the future and the action to make those visions happen. Similarly, coaching is not consulting: the latter deals with problem solving tactics, action plans, achieving precise targets etc, whereas the former concentrates chiefly on action based learning. Modern life as well as business is all about stress, problems, tensions etc. The value of life coaching is becoming increasingly apparent. Most essentially, the return on investment in life coaching has increased tremendously and it will continue to fetch great profit to the investors. The case of MetrixGlobal is a convincing example. "Program costs were tabulated for all 43 leadership development participants in determining the return on investment. A 529% return on investment was produced by the coaching process (excluding the benefits from employee retention)."