Monday, March 23, 2020
Learning Through Work Experience
The article ââ¬ËLearning through work experienceââ¬â¢ focus on how learners can maximize learning and work contexts to gain relevant knowledge and skills necessary in the world of labor. The article suggests that learning experiences must be observed from all forms of work in the job market and as the development source for historic, scientific, technical, intellectual, communicative, practical, and identity in individuals.Advertising We will write a custom essay sample on Learning Through Work Experience specifically for you for only $16.05 $11/page Learn More Such learning processes may be incorporated within vocational education and training forums and in other personnel development programmes. It also discusses about the work experiences and activities those teenage students in countries with well planned schooling systems must obtain. The article argues that occupational identity and competency needs to be introduced to young people through tr ainings and the education system in order to facilitate a smooth transition into the job market and also to reinforce their independence as adults (Griffiths Guile 2000, p. 2-4). The article further argues that with the heightened impact of globalization in todayââ¬â¢s world, there is need for a new learning experience between education and work that will eventually foster lifelong learning to learners (Griffiths Guile 2000, p. 5). Therefore understanding the everyday changes in the labor world means linking formal programmes to the work sector. The article emphasizes that North American and EU literature have in the past assumed that students would develop their skills and knowledge while at work place (Griffiths Guile 2000, p. 8-9). However, the challenge comes with the increased global economic pressures, advanced information and technology. This further provides the need for any organization that aims at obtaining a competitive edge to link the two contexts in the learning process. More so, the article says that the work context must provide for learning and development of human beings, this is because, practices foster relevant skills and knowledge necessary for production in an organization. It sums up by saying that analysis of work experience revolves around education and work context, the different strategies applied within these contexts, as well as the kind of influence the context provides to the learners. It states that students need to be supported to link formal and informal learning and be given relevant knowledge for work places.Advertising Looking for essay on education? Let's see if we can help you! Get your first paper with 15% OFF Learn More In relation to this, the study generates five work place models: the experimental model, work process model, the traditional model, and the connectivity model. These models cover the different responses to learners, policies, skills, pedagogy and economic factors (Griffiths Guile 2 000, p.8). Pedagogical learning approach believes that if a student fails to perform, then the transmitter of the knowledge has also failed. Learning in pedagogical approach focuses on instructional materials, specific outside motivation and the experiences of the teachers. It does not recount that at times children fail because of lack of participation or interest. Therefore the student is totally dependent on the teachers in the learning process. The students do not have personal initiative in acquiring knowledge and often believe that they have already received ideas, practices and subjects based on what they are taught (Hill, L. 2001, para. 1). On the other hand, the andragogical approach is oriented towards adult learners. This is because the learning process in adults is often from that of children (Hill, L.2001 para. 2).The article, ââ¬ËLearning through work experienceââ¬â¢ fits in an andragogical approach of learning because it is advocating for incorporation of educat ion and work contexts while teaching individuals, who will in the end, enter the world of work as adults. It puts more emphasis on lifelong learning processes. Additionally, it argues that the outcomes of such an approach will lead to independent and self driven individuals (Griffiths Guile 2000, p. 2-5). In this approach, adults strive to overcome the dependency that was reinforced at their early education. As described in the article, it recommends incorporation of practical work experiences into the education programmes. The article considers learning through work experience most effective by stating that work and education forms the first context for personnel development (Griffiths Guile 2000, p. 2-5). It says that in utilizing this new idea of work experience, students can ââ¬Ënegotiateââ¬â¢ their learning through the work experience. Additionally, the discussion focuses on an andragogical learning approach when it argues that connectivity model of labor experience pro vides a continual development of skills and knowledge through the learning and work experience. The students therefore do not end up wholly relying on the educators for their effective performance rather their participation enhances their skills and knowledge (Hill 2001, para. 1).Advertising We will write a custom essay sample on Learning Through Work Experience specifically for you for only $16.05 $11/page Learn More The work process model is one of the models of training and development that can be applied and used to familiarize students with various contexts of education and work. In this case, learning and development is done through work experience. There is a very big influence of the context of work to learning outcomes and experience. Therefore, there is need to develop a good curriculum that will give students an opportunity to relate between informal and formal learning. This is because there are cases where formal knowledge is taught to stud ents but it ends up being irrelevant to work experiences (Griffiths Guile 2000, p.9). The labor process can only be understood through an effective work and knowledge framework. This means that it will situate work practices to their actual contexts that are supposed to be understood. In the long run, this model prepares apprentices to switch work places and environments more easily. They will also be in a better position to engage in new organizational changes. In order to design an effective learning and development program, it is important that the system prevents any learning breakdown. The program must also not exclude any learner from the process. This in turn fosters equal opportunities for all the learners. One barrier that has not been addressed in the above stated model of learning is the nature of human labor enhancement in both the personnel and educators and the context in which it takes place. The trainers must not feel unconfident or uncertain about meeting the vario us needs of the learners. More so, the content must be within the different learning contexts. This eventually results into a successful training upon the human labor. To overcome the barrier, the management must provide enabling processes and mechanism that support the diverse needs of learners. The mechanism must be aligned to the different learning needs and in a way that minimizes any kind of barrier in the learning process. The other barrier is language and communication problems in learners and trainers. This barrier may come from the medium of development and learning. In most formal teaching, the learning processes use a different language from the learnerââ¬â¢s first language. If unattended to, the probability of linguistic hurdles is high, meanings that there will be miscommunication in the learning process.Advertising Looking for essay on education? Let's see if we can help you! Get your first paper with 15% OFF Learn More Following linguistic challenges, the learners who use their second languages face segregation and minimal expectations from their peers. In most occasions, educators find it challenging to develop appropriate support programs to deal with the difficulty. To overcome this barrier, trainers should design programs that incorporate both formal and informal learning experiences. This ensures that learners with language and communication problems also gain knowledge and skills in the learning process. They should also encourage positive work relations hence giving the individuals the opportunity to choose who to share their learning process with. More so is the difficulties that learners with physical impairments face hence a barrier to evenly provide a learning process to the different individuals. The barrier may be overcome by provision of alternative and augmentative communication in the organization. This ensures that individuals with such challenges are not entirely excluded from th e learning process (Noe 2009, p. 29). Customer model is one of the learning and development models that can be used in an organization to foster skills and knowledge in employees. After aligning the program with the companyââ¬â¢s functions, the trainers must ensure that the personnel completely understand what the business aims at providing to its customers. This is because the employees are in constant contact with the customers who are the main assets of the business. This therefore means that failure to deliver products and services that are in line with customersââ¬â¢ can result in lose of customers. This can be an adverse effect on the performance of the company. It is therefore important for the employees to understand that customers have a right to choose which business to deal with hence winning their goodwill is essential for continuous functionality of the company. The structure and content of the program in this training model are aligned to the business group and t hen the personnelââ¬â¢s attention to the customers. With the customer model, productivity increases because the employees know that their success and the businessââ¬â¢ highly depend on the business target market. Implementation of the model can therefore be resourceful for personnel development (Noe 2009, p.29). Reference List Griffiths, T. Guile, D., 2000. Learning through work experience. Web. Hill, L., 2001. Pedagogical and andragogical learning. Web. Noe, A.R., 2009. Employee training and development, [E-book], New York: McGraw-Hill. Web. This essay on Learning Through Work Experience was written and submitted by user Jaidyn Nolan to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Friday, March 6, 2020
History of Art essays
History of Art essays Gods, heroes and patriots did not interest the realist painters. Compare and contrast works which represented realist ideas. The term realism was used with various meanings in the criticism of art but here we concentrate on its broadest sense; naturalism. Artists whose paintings were of the naturalist kind tried to depict things accurately and objectively in their paintings, they were against idealised beauty and mostly portrayed working class people in their typical everyday situation. Realism was a movement that occurred in the nineteenth century and mostly around French painters. These (mostly French) artists went against historical, mythological and religious subject for paintings and were in favour of un-idealised scenes of the modern life. Courbet, who became the leader of the realist movement, said painting is essentially a concrete art and must be applied to real and existing things. Courbet had not cast off all romantic ideas along with the trappings of romanticism. But, his paintings show better than his writings how his forceful personality and the circumstances of his life led him to create an art far removed from that of Delecroix, not to mention Delaroche. He was the son of a fairly well to do farmer at Ornans, near the swiss border and went in 1839 to Paris where he taught himself to paint by studying in the Louvre and in the Atelliers Libres (open studios), which for a small fee provided a model but had no formal curriculum. His circle of friends included Baudelaire and Pierre-Joseph Proudhon, originator of the phrase; Property is theft, whose socialist views were shared. Courbet was born in Ornans and he was a member of a peasant family. Thus his understanding of peasants individuals was profound, particularly their appearance. Courbet said Painting should consist of nothing but the representation of objects which the artist can see and touch...an abst ract object not e...
Tuesday, February 18, 2020
Surrealism in Fashion Elsa Schiaparelli and Yang Du Essay
Surrealism in Fashion Elsa Schiaparelli and Yang Du - Essay Example The essay "Surrealism in Fashion Elsa Schiaparelli and Yang Du" analyzes fashion and surrealism. The paper looks at the shift from the manifestation of the ââ¬Ëfutureââ¬â¢ in the historical past to near subsequent dream world of Surrealist response, whereby the future as depicted in Salvador Dalà ââ¬â¢s distorted timepieces in Persistence of Memory, removes the logic of ââ¬Ëprogressââ¬â¢ prior Modernist movements toward an organic incorporation of technology, rather than mere orchestration of the future. Influenced by both conventions of Italian Futurism and French Surrealist aesthetics, Elsa Schiaparelliââ¬â¢s designs in speak to this moment of transition in Inter-War History. The second half of the essay is an examination of current theoretical debates on the cumulative, and necessarily disjunctive quality of cultural productions, or the so-called ââ¬Å"crisis of representation.â⬠Following Walter Benjaminââ¬â¢s notions of ââ¬ËUrââ¬â¢ history, whe re things of the past leave their traces for further reproduction in the future, I will draw on the visual technologies of advertising imagery of Europeââ¬â¢s inter-war regime(s) to access fundamental links between capital, political ideology, technology and the bodies of fashionistas. Thierry Muglerââ¬â¢s work is a candid and cheeky derivative of this history; making fun of fascism whilst promoting its aesthetic as impenetrable, yet sexy. In both of these fashion designersââ¬â¢ work, inscription of power on ââ¬Ëthe bodyââ¬â¢ through haute fashion culture, serves as a historical trace. ... The emergence of Surrealism within fashion, for instance, was marked by the birth of parallel aesthetic cultures in commercial advertising, and especially the incorporation of art photography. The first coherent movement dedicated to aesthetic pastiche, Surrealism set the tone for later movements like Deconstruction. The first half of the paper looks at the shift from the manifestation of the 'future' in the historical past to near subsequent dream world of Surrealist response, whereby the future as depicted in Salvador Dal's distorted timepieces in Persistence of Memory, removes the logic of 'progress' prior Modernist movements toward an organic incorporation of technology, rather than mere orchestration of the future. Influenced by both conventions of Italian Futurism and French Surrealist aesthetics, Elsa Schiaparelli's designs in speak to this moment of transition in Inter-War History. The second half of the essay is an examination of current theoretical debates on the cumulative, and necessarily disjunctive quality of cultural productions, or the so-called "crisis of representation." Following Walter Benjamin's notions of 'Ur' history, where things of the past leave their traces for further reproduction in the future, I will draw on the visual technologies of advertising imagery of Europe's inter-war regime(s) to access fundamental links between capital, political ideology, technology and the bodies of fashionistas. Thierry Mugler's work is a candid and cheeky derivative of this history; making fun of fascism whilst promoting its aesthetic as impenetrable, yet sexy. In both of these fashion designers' work, inscription of power on 'the body' through haute fashion culture, serves as a historical trace intended to transcribe the collection of next season's
Monday, February 3, 2020
Knowledge Management Foundations of IT Systems HW Research Paper
Knowledge Management Foundations of IT Systems HW - Research Paper Example In this scenario, the basic purpose of a knowledge management system should be the assurance that the approved clients will be able to access information. Moreover, just using a straightforward information management, recovery system and document cataloging is the beginning. Since gathering business knowledge does not only engage software and technology but it also necessitates a powerful document management software and intellectual change of how data and information are produced, managed, dispersed, stored and developed into modernization (infoRouter, 1998), (TechTarget, 1998) and (Bellinger, 2004). This paper discusses some novel aspects of knowledge management (KM) discipline for organizational innovation. In this paper I will analyze some of the prime areas of KM system for our organization. I will discuss some advantages along with significant factors regarding this new technology application at different levels of our corporation. CURRENT PROBLEMS WITH ORGANIZATION With curren t business practice at the corporation we are facing some critical problems regarding corporate operational arrangement. In this scenario the major issue is due to the traditional and inflexible working structure of the business. Seeing that, currently corporation is running its operations using traditional business practices (without knowledge management system) thus, below are some possible issues: (Laudon & Laudon, 1999) and (Turban, Leidner, McLean, & Wetherbe, 2005) Long time required for processing information Difficulties in managing records using paper based approach Difficult to manage business processes A lot of time required to search for the business information Absolutely no or least data sharing More workers required to handle business information Information gathered can include dirty data Business reports are complex and not offering better contribution for the effective decision making about business KNOWLEDGE MANAGEMENT SIGNIFICANCE Knowledge management outlines th e major concerns of organizational efforts, change and ability beside fundamental and irregular environmental changes. Additionally, it represents organizational procedures that look for synergistic grouping of information and data processing capability of information technologies, and the modern and inspired competence of various individuals. Moreover, the knowledge management is related to the practical and thoughtful implementation for the reason that it does not exist in the hypothetical description however in the actual world implementation where the maximum confronts and prospects recline (Global Risk Management Network LLC,, 2011) and (Laudon & Laudon, 1999). IMPORTANCE KNOWLEDGE MANAGEMENT SYSTEM Knowledge management system is an innovative concept that is used to illustrate the creation of knowledge warehouses, knowledge availability and distribution, communication through teamwork, improving the knowledge framework and organizing knowledge as a plus point for an enterprise . Normally, knowledge management system encompasses a variety of applications and techniques those
Sunday, January 26, 2020
Artists Expressing Their Feelings Through Objects English Literature Essay
Artists Expressing Their Feelings Through Objects English Literature Essay Artists express their feelings and what is in their minds through objects. Further, objects may also be used to express artists spirit or religion or orientation they have on various issues existing in their environment. Basic idea behind objects is maintained by strong symbolism incident on objects. Most of the times when a piece of art is displayed, people focus on the meaning the object is projecting rather than the description and the accuracy of the object. It is symbolism that makes work produced by artists to be interpreted in many ways. Even if everybody looks at the same piece of work, they will have varying ideas in their minds. It is only the creator of the piece of art who has the ultimate meaning of it. It is the inventor who understands his or her invention better than any other person. This implies that a mere observer of a piece of art will always have a different idea about that piece of art. Often the understanding is shallow and devoid of depth in meaning. Sometime s it requires one to study the background of the artist in order to get insight and deeper understanding of his work. Some artist may tell orally or in writing the meaning behind their work. By doing so, they allow people to have a better view of their world of thought and what their work stands for or represents. However many symbolists do not do so. They leave their work of art open giving room to varying interpretations. Such open interpretation technique also applies in dreams. No one person can understand another persons dream. Just like a piece of art, building blocks of dreams are experiences, feelings and emotions that human go through when they are awake replayed in their state of sleep. Such experiences are not universal. They are unique and experienced at different times under different circumstances. It is the wearer of the shoe who knows where it pinches. Likewise it is the owner of the dream who knows its origin and probable implications in his or her life. Symbolists may also use a piece of art or a painting to express their emotions or feelings at a particular time. Art an expression of what one has seen, experienced, tasted and felt. It is important to note that artist do not exist in a vacuum. They live in spaces in the world where lives are shaped by what people go through. These experiences allocate deep meanings on a piece a carving, a sculpture or a painting. Over time, mood, maturity and circumstances of the artist May change. These changes will have an effect on interpretation of the piece of creation in general. It is not easy to comprehend what dreams are and why people dream. Existence of dreams and their meaning has been and continues to be a curious subject within the scientific community. Sigmund Freud work attempts to classify sub conscious mind into three parts. Id, ego and the superego. He asserts that these sections are the inner desires that constitutes and complete the dreaming process. In his work, he defines ego as that part of the brain that is responsible for self awareness. He explains that this sections aids functionality of individuals. This is because it is aware of senses and perceptions of the world and how the world works. On the other hand, he considers the Id as the section inhabited by desires that are more often primal and primitive. Such cravings according to Freud include uncontrolled pursuit of pleasure and sexual desires. Finally, the superego functions as a censor of the Id.It suppresses evil desires and acts that are considered immoral by the wider society. It also turns desires of the Id into symbolic images or figures inside dreams(Sigmund,pg 67). Incontestable fact is; materials that constitute a dream can be traced back to experience the dreamer has gone through. These materials are then remembered or reproduced in the dream. However, in making assumption that connection between reality and dream content is obvious deliberate and careful effort should be applied before lying claim that connection between the two exists. Certain peculiarities within the memory faculty have so far defied explanation. Being fully aware of such peculiarities will make it easy for dreams to be understood. In a dream context, certain materials exist and cannot be traced as part of experience and knowledge in a wake state. Most of the times, an individual is able to remember having dreamt of the things but cannot recall actual experience or moment of its happenings in the dream. The source of such experience and knowledge in the dream remains elusive and one is tempted to believe in a separate independent activity. The truth is dreams can be mysterious as well as baffling. The same way people wonder what a piece of art means or represents, so is with the process of interpreting dreams. It is quite intriguing what a specific dream means to an individual. Largely, dreams still remain mysterious not only to the dreamer but also to scholars who have dedicated time and resources to study them. In spite of tremendous progress made in the field of science, a lot of ground is yet to be covered. Sigmund Freud has referred to a dream as royal roadà ¢Ã¢â ¬Ã ¦.to the unconscious. This is a timeless statement that will remain relevant in psychology for a long time. He says that each and every dream is a fulfillment of hidden wishes. This is a theory he held on until he died. The idea that secret wishes are hidden in a dream is a central and very classical Freudian psychoanalysis. Other ideas on dreams exist besides Freudian theory. There are people who believe that dreams contain static or fixed meanings. If you dream about onions, it means hard work.. Others believe that. If you dream about death, death will occur in your family. Some modern scientists claim that dreams are images originating from uneven electrical activities in the human brain as it housecleans itself during sleep. Others who include Freud believe in unconscious relevance of dreams and view them as fulfillment of human wishes. The truth of the matter is, dreams are a valuable hint on how to better human lives. In psychotherapy-dream itself cannot be used. When narrating a dream to another person, dream is put into words. This is an unrealistic representation of images and symbols observed in the dream. Words can only paint a picture on somebody else mind through description. But they cannot completely be an alternative to the object or image seen during the dream. Talking about dream only gives the text of perception about it. Significance of imagery and symbolism in dreams. Since the beginning of time, dreams have been objects of mystery and fascination. A clear and vivid image during sleep seems to originate from sources outside our conscious mind. Every dream seems to be a clear message from the unconscious part of human beings that points to the conscious part and then expressed in a language that needs to be understood. Dreams have been referred to as the loyal path or road to human souls. They are composed of varying elements of human identity .According to Dreyer, On the most superficial level we can look at the dream as a commentary on some or ordinary everyday experience or situation that the dreamer is dealing with. On a deeper level we can explore the dream taking place in the dream with each image and symbol in the dream representing some psychological aspect of the dreamer. The conscious mind is always slow in allowing us to have full recollection of dreams. Since dreams deliver messages to humans in images and symbols, human conscious preconceptions are frequently disturbed and make one to wonder who people are and who they are about. Like a play with sub-plots and plots so is a dream. Numerous actions take place in a dream. Though dreams often exaggerate feelings and images in bizarre and grotesque way, these images and symbols are not to be taken lightly. Comprehending dreams is like exploring a piece of poem or a prose. They open up to a whole world of fantasy and imaginations which reveals to human the various aspects of self that are long kept secret like a hidden treasure awaiting discovery(Nicky,pg 32). Every dream is unique. Possessions and personal experiences of the dreamer are many and are different from one dream to another. Images that are also similar in a dream might possess different meaning for different people. This is because context in which dreams occur, individual experiences and lives are completely different. Rightness or correctness of a particular symbol or image is only known to the dreamer when it comes to interpretation of the dreams. However, there are some universal symbols and images that occur in a dream. Exploring possibilities the images represent can help to deepen and enrich the significance of a dream and open it up to deeper layers of meaning. Things that are dreamed about possess emotions as well as deeper psychological significance. This is more than what might appear apparent if one can consider a dream about a home or a house. You cannot escape from the fact that it may be a setting of a specific house one is aware about. A place one has dwelt in, seen or visited. A strong connection exists between the context of the dream and the reality of the house. What is happens in the mind or in the body in a waking state is invoked in the dream about the house or the home. One might be reminded about his or her experiences when young and living in the house. Feelings of alienation and belonging, harmony and conflict, insecurity and security during our stay there might appear in the dream. The house psychologically becomes an extension of the physical being and identity in the world. Some unfamiliar rooms or places in the house may stand for unexplained sections of potential resident in ones personality. Trying to explore unfamiliar house may indeed turn out to be a representation of somebodys effort or journey to dwell or interrogate further his or her own personality. This may as well have an extended meaning of effort made in exploring the psychological issues that resides in a persons emotional space. When one dreams of going back to a room in a house he or she knew when young, it may stand for a known or familiar situation but possessing different possibilities (Zygmunt, pg 38). Reactions and feelings to inhabitants and the house or its context is important in comprehending the importance or significance of the rooms or the entire house in the dream. This may as well stand for a wish to go back to a time of innocence during childhood or a desire to go on and leave the house by getting on with some unconcluded business in life. A unique view of ourselves as presented to us by dreams is always a factor that cannot be ignored. This more often than not originates from wiser and deeper sections of our psyche. It behaves in a way to moderate and counterbalance our perceptions. Sometimes, dreams comment on a wider worldwide and cultural issues. However it must be constellated within the confines of the entire community and our psyche. Conclusion. In psychology, wish fulfillment means realization of desires through thought process that includes neurotic symptoms, daydreams and dreams. Freudian psychoanalysis observes wish fulfillment as something which happens when superego and ego rejects cravings of the unconscious. This often happen due to guilt and fear as a result of constraints imposed on people by the society and the culture. He observes that origin of dreams is an attempt by the unconscious to deal with inner and outer conflicts that emanate from present or past occurrences. He suggests that bad dream let the brain learn to gain control over emotions resulting from distressing experiences (Sigmund, pg 117). Another scientist by the name Ferenczi observes in his work that dream, when told, may communicate something that is not being said outright. Hartmann on the subject of the dream says dreams may function like psychotherapy, by making connections in a safe place and allowing the dreamer to integrate thoughts that may be dissociated during waking life.. This observations made from Scholars of the authority on the subject do not point to specific danger caused by dreams. It is quite clear human will have to contend with dreams and study around the subject will continue to attract attention.
Saturday, January 18, 2020
Advantages of a Press Club in schools Essay
A press club is an organization for journalists and others professionally engaged in the production and dissemination of news. The press generally has to do with gathering, evaluating and distributing facts of current interest. It makes use of reporters, learners in this case, who research and write stories to be presented during school assemblies or to be posted on boards often with the guidance teachers as editors. Such news, in most cases consists of events that have happened in the school, the current ones, and those still on the pipeline. A school press club is important to the learners involved, school at large and even the community. There are a number of benefits that can be aligned with a press club. Some are; The press club will furnish the students and school populace with the information of things happening around them in the school, within the country and the world at large. It also brings the community closer to the school and makes people feel as though they are active participants in the education process as they asked to comment on aspects of either the school or education system every now and then. The club would help build interpersonal skills in members as they will interact with a number of people in search for information. The club can create in learners both in the club and outside the interest in a journalism career. It would also instill and build confidence and self-esteem in learners. ïÆ'ËIt also gives training on journalism to those involved. A press club also does establish a culture of excellence. The learners will strive to produce the best they can. It isnââ¬â¢t anything that is ever verbalized or stressed in the program; it is inherent in the culture of the program. They think they are supposed to be ââ¬Å"the best,â⬠and they make it reality. It would also impart into learners the skill of researching which they will also use in other areas of learning. The press club will also impart and improve the writing and speech skills in learners as they will be exposed to it, be it daily or weekly. As the Chinese put it ââ¬Å"tell me and I will forget, show me and I will remember, involve me and I will understandâ⬠, a press club is one such forumà where our pupils can be involved in their learning and surely they will not only remember but also understand. With press clubs in our schools, we will have learners who will understand that composition writing is not always letter writing but it involves much more. Let us ensure that we have these clubs in our schools and maybe and just maybe we may always be updated on the number of districts the nation has!
Friday, January 10, 2020
A Study Survey on Home Building Industry
This paper will briefly explore how recent economic indicators such as record low interest rates for mortgages and housing starts should motivate house builders to strategize for continued economic growth. At this time while the housing bubble has not burst, it is important for such companies to focus on strategy in order to remain competitive when the bubble does burst. This type of boom in originations has spawned tremendous economic growth with regards to employment rates, re-urbanization, new home building, consumer spending and confidence and made hundreds of billions of dollars for the players involved. The housing boom kept this country afloat during the darkest moments after September 11, 2001 when other industries like travel, hospitality, entertainment, energy and telecommunications seemed uncertain. One can argue that such a relationship is cyclical; what comes around goes around in the manner of economic trends such as recession and depression but this is not the case with this correlation. People will always need housing. Below are strategies housing providers can implement to continue stimulating growth. Bennett Hecht writes that economic strategies for housing begins on the local level. He writes, ââ¬Å"Housing development is a site-specific, self-sufficiency strategy designed to help developers create jobs and other income-generating opportunities for residents of their propertiesâ⬠(p. 1). This economic development strategy is founded on four objectives: (1)Decrease Cash Outflows from Housing Developments. Whenever possible, developers should purchase goods and services from sources within their housing developments, instead of ââ¬Å"importingâ⬠them from other communities. This promotes local growth and activity. (2)Better Use of Space. Housing developers should use available space to sponsor the delivery of much needed services or facilities, such as child care, GED classes, or a convenience store. (3)Increase Cash Inflows. Nonprofit developers should also use available space to increase income to the property and residents by leasing space to paying commercial tenants, by entering into profit-sharing ventures with commercial tenants, or by providing services and products to outsiders. (4)Build Contracting Capacity. The ability to increase cash inflows is directly related to the ability of businesses to compete for work outside of the housing developments. By controlling the awarding of contracts, the developer can ââ¬Å"incubate businessesâ⬠by awarding work to residents over a period of time until they can develop the work and contract management experience to, among other things, secure bonding necessary to compete for larger contracts. The beauty of these objectives is that they can be implemented at both the urban and suburban levels. In this respect all parties benefit from the strategy during a time when many housing companies are not planning for the future but riding out the wave of present economic growth.
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