Risk Management The Changing Landscape - 1112 Words

Risk Management: The Changing Landscape The landscape of risk management has changed considerably over the recent years. Once where its role was limited to pure loss exposure and it was viewed as a means of crisis management, it has now gained priority and become the key to competitive advantage. Companies are investing in and trying to advance their risk management capabilities. Four years ago when the industry had started to recover from the global crisis, risk management appeared to it more like crisis management. But now it has assumed the role of a forward looking approach towards managing a large spectrum of business risks which can enable sustainable long term growth. It is why risk management has assumed a higher priority as well†¦show more content†¦(Complianceweek, 2008) The process of risk management has been greatly influenced by the evolution of financial markets and institutions. Over the last decade the financial market has undergone rapid and profound changes. As the market has evolved, with it the means of risks management have also broadened dramatically. The changes in our financial environment include new computing as well as telecommunication technologies and along with reduction in legal and regulatory barriers to entry. The global financial crisis also revealed weaknesses in the risk management tools and practices industry wide. In the light of the recent changes a few things have become absolutely essential for companies. The first is linking risk to business performance. Companies need to create processes and mechanisms which link risk to business performance. Risk management under the current scenario also includes measures like highly sophisticated measurement, modeling and analytics for anticipating risks as well as integrating risk management capabilities with the organizational structure and across business units. Similarly, developing relationships with regulatory agencies as well as managing regulation and compliance has also become essential. (Butcher, 2011) Apart from all, detailed training on risk management and infusing risk awareness across the organization is also essential. In short,

Begin with God Free Essays

The purpose of your life is far greater than your own personal fulfillment, your peace of mind, your dreams, ambition, and even your happiness. To know why you are on this planet, you need to start with God, because you were born by HIS purpose and for HIS purpose. For instance, ‘you bought equipment, without the manual you may never know how to operate but guess. We will write a custom essay sample on Begin with God or any similar topic only for you Order Now It’s only the creator or the owner of the equipment that could reveal its purpose and how it works (may be through a manual) In the same way, you cannot arrive at your life’s purpose by starting with a focus on yourself; you must begin with God, your creator. It is only in God that you discover your origin, your identity, your meaning, your purpose, your significance and your destiny. Proverbs 11:28 Colossians 1 : 16 ‘for everything, absolutely everything, above and below, visible and invisible, everything got started in him and finds its purpose in him’ Have you ever ask yourself the following: What do I want to be? What should I do with my life? What are my goals, my ambitions, and my dreams for my future? The above questions are focused self centered, rather the question should be. ‘What is the purpose of God for my life?’ Romans 8:6 ‘obsession with self in these matters is a dead end, attention to God leads us out into the open, into a spacious free life’ Job 12: 10 ‘It is God who directs the lives of his creatures; everyone’s life is in his power’ You could reach your personal goals, become a raving success by the world’s standard and still miss the purpose for which God created you. Discovering Purpose is about becoming what God created you to be. How to Discover Purpose a.By Speculation: (guess, theorize, conjecture etc) some people made up a purpose for life; others were honest enough to say they were clueless b.By Revelation: the easiest and the only way to discover purpose is to ask the creator of it (Ask God) because God has not left us in the dark to wonder and guess. HE has revealed five purposes for our lives through the bible (i.e. Owner’s manual) 1 Corinthians 2 : 7 ‘God’s wisdom goes deep into the interior of his purposes, it’s not the latest message, but more like the oldest, what God determined as the way to bring out his best in us’ God is not just the starting point but the source of it, so to discover purpose we must turn to God’s word and build our lives on eternal truth. Ephesians 1:11 ‘It is in Christ that we find out who we are and what we are living for. Long before we first heard of Christ and got our hopes up, he had his eye on us, had designs on us for glorious living, part of the overall purpose he is working out in everything and everyone’ 1.Through relationship with God 2.Turn to God’s word to find out who you are and what you are living for 3.God knew us even before you were born and had designed/shaped purpose for your life, HE planned your existence, which predates your existence, without your input 4.Live a glorious life that will glorify HIS name 5.The purpose of your life fits into a much larger purpose that God has designed for eternity Jeremiah 17: 7 – 8 How to cite Begin with God, Papers

Trend To Over Protecting Children Implications on their Development

Question: Discuss about the Trend to Over Protecting Childrenfor Implications on their Development. Answer: Introduction Childhood is the period that symbolizes fun, entertainment and living life to the fullest. Children are regarded as the form of God who is unaware of the complexities and worldly stuff. They are like the raw clay that can be transformed into a figure of choice. Their minds are open vessels that can be filled with various thought process. Their curiosity level is also high, that provide scope for leaning and development (Lereya, Samara, and Wolke, 2013, pp.1091-1108). Many scholars have put their efforts extensively to understand how a childs development can be made effective and if there is any particular way to define it, in the best possible way. It involves a wide range of activities that includes outdoor games, sports, etc. to involve children and this will help in their self-development and will also add to their learning process (Raboteg-Saric, and Sakic, 2014, pp.749-765). In the past few years, a lot of researchers have shown their interest in exploring this area to a great e xtent and also tried to build a connection or relationship over-protection of children and their overall development (Collins, Duncanson, and Burrows, 2014, pp.557-568). Conventionally, such relationships were not able to establish, and thus no appropriate ideas were available for the child development and over-protection. However, recently a well-structured model was formulated by the researchers to observe the impact of parental protection that is impacting the learning and development process of childhood (Donath, Graessel, Baier, Bleich, and Hillemacher, 2014, p.113). This model has shifted the traditional relationships of child care and took an effort to reform it into steps to make a better way of development of children. The emphasis of the modern philosophy was changed and tried to establish new concepts and principles. Traditionally, child development was carried out with a lot of emotional care and family involvement. However, with technological development, most of the at tentions of children are getting attracted towards digital games and indoor plays (Brown, and Iyengar, 2008, pp.14-38). According to my understanding, over-protection is affecting the overall growth and development of children. The current discussion will focus on some of the major reason that just justifies my viewpoint and would project some areas of development for parents as well. Over-Protecting Children/ Over-Protective Parenting Parents of the current generation are truly heading towards being more protective for their children. They deny them to go out and play; rather they insist them to be safe at home. This makes them confine to their own boundaries and limits their exposure. This might be the reason that many children are growing as an introvert who prefers to be comfortable within their peripheries (Donath, Graessel, Baier, Bleich, and Hillemacher, 2014, p.113). According to the parents point of view, the world today has become more selfish and each individual tries to get interested and profit of another. Children are the most innocent elements to be abused and mislead. For many, they can become a good source of income and for others can become a good means of entertainment. The increasing rate of crime associated with children has created havoc among the parents (Odenweller, Booth-Butterfield, and Weber, 2014, pp.407-425). They try to put their full attention towards their safety and protection. The term Overprotective Parenting or Overprotecting Children is of great confusion and challenging too because it represents various combinations and forms of styles and practices of parenting. According to Baumrinds parenting concepts, over-protectiveness of parents for their children could be related to permissiveness and authoritarianism. The same will be discussed in the subsequent sections. Overprotective parents can really affect the overall personality development of their children by limiting them to many exposures and incorporating a sense of fear and consciousness for everything (Lereya, Samara, and Wolke, 2013, pp.1094-1108). Basically, in such cases, the self-esteem of children gets highly affected. This results in limiting the children to take-up any kind of charge or risks in life, assuming that they are not yet prepared for it or not capable of handling it. Cases of those kinds will create fear in their minds, and that would lead to serious consequences in the future (Ode nweller, Booth-Butterfield, and Weber, 2014, pp.407-425). In many situations, the upbringings would define if the child will have a pleasant personality or will grow-up as stubborn adults. Baumrinds Parenting Styles Diana Blumberg Baumrind is a psychologist who is much interested in analyzing children development. Her research was primarily based on various ways and types of parents and their impact on the society. Baumrinds parenting concepts focus on the fact that over-protectiveness of parents for their children could be related to permissiveness and authoritarianism. Parenting style is fully dependable on the psychological level of parents and their capability of constructing various strategies and principles to grow up the children (Collins, Duncanson, and Burrows, 2014, pp.557-568). As, children go through different stages of life, the consciousness of parents also gets changed along with their perceptions of taking the things and the environment surrounding them. In the year 1960, Pillar theory was formulated by Baumrind that highlight the type of relationship that needs to be developed between parents and children. After conducting a lot of research and depth, she finalized three types o f parenting styles, Permissive These types of parents are liberal and are too soft for their children. They work for the wish and desires of the children and try to fulfill all the demands of their children (Lereya, Samara, and Wolke, 2013, pp.1093-1108). Authoritative This is the right type of parenting. They make attempts to control, shape and evaluate the attitudes and behavior of their children and accordingly, create standards of conduct for them. Children of this type of parenting grow you as responsible and values individuals (Mcmahon, and Ward, 2014, pp.407-425). They try to maintain a balance between the emotional, personal and social aspects. Authoritarian Such parents are too rigid for their children. Most of them try to follow traditional methods of parenting and impose their ideologies and perceptions on the children (Brown, and Iyengar, 2008, pp.14-38). Related Issues As discussed in the previous sections that over-protective parenting would lead to some of the major issues associated with the growth and development of children. Parenting practices include cultural values, inspirations and goals that need to be addressed together. Over-protection could impact the psychology of children as they might wonder what is going to happen. If something is happening, what is the logical justification behind it etc. (Collins, Duncanson, and Burrows, 2014, pp.557-568) Effective parenting would help in providing avenues for socialization, it adds to the physical health along with for psychological benefits. It helps in lowering the stress levels and avoids depression. It supports the improvement of the overall quality of life. A proper balance mental and physical activity was maintained by childhood; at the same time, it also allows an individual to focus better on his work or daily activities. Specifically, parental involvement had been seen as ways to rechar ge the mind and body, to remain effective and efficient at work (Donath, Graessel, Baier, Bleich, and Hillemacher, 2014, p.113). Overprotective parents can really affect the overall personality development of their children by limiting them to many exposures and incorporating a sense of fear and consciousness for everything. Basically, in such cases, self-esteem of children gets highly affected (Brown, and Iyengar, 2008, pp.14-38). This results in limiting the children to take-up any kind of charge or risks in life, assuming that they are not yet prepared for it or not capable of handling it. Cases of those kinds will create fear in their minds and that would lead to serious consequences in the future. In many situations, the upbringings would define if the child will have a pleasant personality or will grow-up as stubborn adults (Lereya, Samara, and Wolke, 2013, pp.1097-1108). All these have become a major concern for many parents across the globe. Areas of Improvement It is high time for people to get aware of the fact that restriction would not help in adding value to the type of upbringings they want to give to their children. Rather, there is a need of critical thinking and effective decision making. Parents who are over-conscious of their kids should encourage them to take up risk in life. This is because; it will help them to face the realities of the world. It would also help in making them capable of facing challenges independently. A second area of improvement for the overprotective parents is that they should allow their child to do their homework or any kind of activities of their own (Thornton, 2014, pp.90-100). This will help in developing their self-dependent nature and they will learn not to depend on others. It will also help in earning respect and fame in the society or even within the family. A third area of improvement includes taking steps to make them understand the value and significance of self-esteem and how it will help in leading a better life in the future. They should also train them about their safety and self-protection. Conventionally, such relationships were not able to establish and thus no appropriate ideas were available for the child development and over-protection (Lereya, Samara, and Wolke, 2013, pp.1099-1108). However, recently a well-structured model was formulated by the researchers to observe the impact of parental protection that is impacting the learning and development process of childhood. This model has shifted the traditional relationships of child care and took an effort to reform it into steps to make a better way of development of children. Conclusion From the above discussion, it was clear that over-protective parents will definitely affect the overall self-development of the children (Brown, and Iyengar, 2008, pp.14-38). Many articles and research also supports this argument. However, this debate is still difficult to clear as different people hold different types of perceptions. Some parents argue that they are over-protective because they do not want their children should face the issues and challenges they have gone through once. Others give the reason that their children do not have the age now to struggle. For that lot of time is there and gradually they will learn how to face things. The current discussion tried to focus on some of the major reason that just justify my viewpoint and would project some areas of development for parents as well. It also projected the theories and assumptions of parenting. Baumrinds parenting concepts focus on the fact that over-protectiveness of parents for their children could be related to permissiveness and authoritarianism. Parenting style is fully dependable on the psychological level of parents and their capability of constructing various strategies and principles to grow up the children (Collins, Duncanson, and Burrows, 2014, pp.557-568). Children go through different stages of life, consciousness of parents also gets changed along with their perceptions of taking the things and the environment surrounding them. Hope this was enough to justifies the current statement "The trend to over-protecting children is having serious implications on their development" and I strongly believe on the same. References Brown, L. and Iyengar, S., 2008. Parenting styles: The impact on student achievement.Marriage Family Review,43(1-2), pp.14-38. Collins, C., Duncanson, K. and Burrows, T., 2014. A systematic review investigating associations between parenting style and child feeding behaviours.Journal of Human Nutrition and Dietetics,27(6), pp.557-568. Donath, C., Graessel, E., Baier, D., Bleich, S. and Hillemacher, T., 2014. Is parenting style a predictor of suicide attempts in a representative sample of adolescents?.BMC pediatrics,14(1), p.113. Lereya, S.T., Samara, M. and Wolke, D., 2013. Parenting behavior and the risk of becoming a victim and a bully/victim: A meta-analysis study. Child abuse neglect, 37(12), pp.1091-1108. Mcmahon, L. and Ward, A., 2014.Intuition is not enough: Matching learning with practice in therapeutic child care. Routledge. Odenweller, K.G., Booth-Butterfield, M. and Weber, K., 2014. Investigating helicopter parenting, family environments, and relational outcomes for millennials.Communication Studies,65(4), pp.407-425. Raboteg-Saric, Z. and Sakic, M., 2014. Relations of parenting styles and friendship quality to self-esteem, life satisfaction and happiness in adolescents.Applied Research in Quality of Life,9(3), pp.749-765. Thornton, V., 2014. Understanding the emotional impact of domestic violence on young children.Educational Child Psychology,31(1), pp.90-100.