Saturday, December 28, 2019
Friday, December 20, 2019
Technology And Its Impact On Society - 1987 Words
With the industrialized and modernized further development, science and technology have always played an important role in human history. With the rapid development of information and communication technology, the Internet has been penetrating into all aspects of social life and its influence on journalism is also inevitable. Journalism was both defined as a kind of literary style and also the method of gathering, processing and disseminating of news and information. Moreover, the Internet, which has been considered as the one of the preferred sources of news and information for many audiences and readers nowadays, has deeply affected and greatly contributed to journalism. However, the benefits what advanced information technology has brought us began to be under suspicion from some negative viewpoints. With the all-pervasive movement and presence of the Internet in todayââ¬â¢s society and our daily lives, the relevant practitionersââ¬â¢ deep worries about declined traditional journalism in previous years have been replaced by increasing concerns about how journalism has been altered since the inception of the Internet and the subsequent development of online new media. Journalism has been transformed since the inception of the Internet through exploring the information sources, accelerating the news processing, diversifying the transmission mode, increasing audiencesââ¬â¢ participation, broadening user-generated contexts, and reducing publishing costs. Wider range of informationShow MoreRelatedTechnology And Society : Impact Of Technology On Society1511 Words à |à 7 PagesIntroduction Technology has impacted people, businesses and society as a whole. The roles that technology has played on communication, business and education have been more than impactful. As the power of computers continue to increase with help from databases, social networking and businesses, it adds an increase to office productivity compared to using typewriters, and filing cabinets. Although there are plenty of good things about technology, the way we use it determines if it impacts are positiveRead MoreImpact Of Technology On Society : Technology1281 Words à |à 6 PagesImpact Of Technology On Society Technology, without a doubt has an impact on society. As a matter of fact, we experience this impact in our daily lives. The evolution of technology has dramatically changed the way we think, with the rapid new advancements being made with each passing day, to the tremendous opportunities it provides us with. It has an effect on the growth of our culture, living standards and our economy. At the end of the day technology plays a significant role in almost all fieldsRead MoreTechnology And Its Impact On Society1302 Words à |à 6 Pages Technology Dominates Society How has technology affected the everyday life of society today? Is society as social as it use to be before everyone had access to an abundance of technology? Many people believe that the answer to those questions are that society is less social and technology has had a negative impact on humans today. As technology progresses bounteously society begins to rapidly decline. The ways society is negatively impacted socially mentally and emotionally will be analyzed. Read MoreThe Impact Of Technology On Society1291 Words à |à 6 PagesSociety has always been impacted by technology. Each invention has affected how people relate to one another and how cultures have expanded or ended. Technology impacts how cities grow, where people live, and who owns what. Technologies are the reason a few people are very rich, that people are more social, and that teaching, and learning is changing. We are at a crucial time in history where educators can make a difference in how our students interact with one another and make a place for themselvesRead MoreTechnology And Its Impact On Society1198 Words à |à 5 PagesTechnology is used on a daily basis to accomplish specific tasks or interests. Modern technology increases human capabilities and this technology has evolved with years. Technology simplifies life in so many ways and everyone defines technology in their own way. Theyââ¬â¢re new types of technology on the market, this technology simplifies our da ily lives. Theyââ¬â¢re endless demands as consumers of technology, people use technology to accomplish simple tasks every day. Technologyââ¬â¢s used in business, educationRead MoreTechnology And Its Impact On Society1087 Words à |à 5 PagesTechnology is one of the biggest advancement in the history of our universe, and the powers of it are good and bad. People mainly gain from the use of technology and its many uses. Without technology today, the world would be a much, much different place because of the major setback in communication and other activities and resources. The things that technology impacts are family, education, and health. Family is one area technology impacts life in general. ââ¬Å"88% of Americans adults haveRead MoreTechnology And Its Impact On Society1343 Words à |à 6 PagesFrom over ten thousand years ago to what is now the Information Age, technology has grown significantly and affected not just one individual, but the whole world. The creations of technology have rapidly evolved to where humans depend on technology. They use it for their daily needs and this evidence shows these creations are a stepping-stone for future endeavours. The innovations that several people have created revolutionised the world in a major way from a light bulb and crossbows to an airplaneRead MoreTechnology And Its Impact On Society1525 Words à |à 7 PagesThe technology is creating a generation capable of communication and understanding different cultures and belief. The technology is the application of scientific knowledge for practical purpose. It machinery and equipment developed from such as scient ific knowledge. Humans have lived for thousands of years without any technology in small hunter gatherer communities, but now we have all of this technology and the population on Earth has exploded and will not stop anytime soon. ââ¬Å"Society seems enthralledRead MoreTechnology And Its Impact On Society1596 Words à |à 7 PagesSociety has become dependent on technology and it now plays an important role in many peopleââ¬â¢s lives. Try imagining your life without technology. If the internet, mobile devices, and games were taken away from us, how would we feel? Many people would feel like a part of their lives are missing due to technology now being a necessity in their everyday life. It would be very different from what we are comfortable with today. The truth is, many people rely on technology to get them through the dayRead MoreTechnology and Its Impact on Society1082 Words à |à 5 PagesTechnology and its impact on society In this paper I will talk about the topic that technology will eventually destroy the entire civilization, since people are greedy and the revenge of nature. Technology s advantages and disadvantages are a subject of constant discussion. Those who are against technology have the opinion that technology harms people and will ultimately ruin human civilization. Threats to the environment are pollution, resource depletion, greenhouse gas, and nuclear power abuse
Thursday, December 12, 2019
Key Factors In Selection of Defined Benefitââ¬Myassignmenthelp.Com
Question: What Is the Key Factors in Selection of Defined Benefit? Answer: Introduction Superannuation plan is the pension fund plan which is used at the time of retirement of the employees of tertiary sector (Dixon, 2012). The superannuation plan encourages savings for the old age life and also promotes the investment in the market as a strategy of financial economics. It is related to welfare schemes for employees which enables them to live their life peacefully and resourcefully after their completion of service years. With the efforts of government superannuation contribution in the tertiary sector organisation is mandatory with a fixed amount of grant in the part of employer (ASIC, 2017). It assists the employees in attaining the social security and independent source of living after their retirement. Thus, this research is focusing on the concept of superannuation and factors that influence the choice of scheme an employee should invest for the higher return of benefit. Along with this, this paper is exploring the perception on the time value of money relation wit h its impact on superannuation schemes. Factors that impacts the decision making of superannuation scheme plan Superannuation is a tax free deposit wile employee works in an organisation. The amount of superannuation is the contributed by the employee and employer both according to the basic salary structure of the employee. In Australia, tertiary sector employees are entitled to this contribution of minimum of 9.5% to 12% of super guarantee by the sponsored organisations employer (ASIC, 2017). The contribution is the fund of both employees and employers equal contribution, in which employees contribution is being deducted form the salary of worker. In some cases, to improve the pension schemes system government also encourage by contribution some amount in superannuation fund. This amount is not subject to tax until it is withdrawal or till the time of employees retirement (Iverson, 2013). It gives the advantage of tax from a long period of time and even in the end the tax imposed on the deposit is least. Therefore, it has various benefits such as saving of money without tax levied deposit t hat helps in improving the quality of life of an employee and provides long term social security. Moreover, it helps in boosting the investments in the market and ensuring cash flow of pension fund schemes effectively for the welfare of the old age employees of tertiary sector. The superannuation funds are divided into two categories that is defined benefit plan and investment choices plan (Gitman, et al. 2015). These plans are aimed to provide the choice to the employee about their money in the long run. The deposited amount is very valuable and has various options to make it a higher return. The financial planner is an external source of service provider that plays an important role in finding strategies according to the requirement of the employees to make it maximum return on benefit (ASIC, 2017). Along with this, it can be analysed in the past years that government of Australia is emphasising on the superannuation schemes to promote the saving of employees and aware them about the future investment to live a quality of life. In fact, government is making contributions in the pension fund schemes complying with special eligibilities. The eligibility to guarantee contribution entitled by the employer has conditions like employee should be older than 18ye ras of age and the salary of one month should be more than $450 before tax (ASIC, 2017). It also includes temporary resident of the Australia too. Furthermore, choice of superannuation scheme is very essential and there are certain factors that influence the decision making of employee like risk involved, rate of return from the investment. All of these influencing factors to decide the best pension fund option has been mentioned in the below discussion: Defined Benefit Plan The defined benefit plan is the fixed amount plan in which total lump sum deposit is given to the employee. The contribution of this amount is done by both employee and employer in a fixed rate of contribution (Australian Government, 2017). The definite percentage of salary is being deducted from the employees account which is not subjected to tax. The defined benefit plan can be determined with the help of certain formula that includes the age of the employee, tenure of employment and average salary amount of the employee throughout his employment. This amount is fixed and cannot be changed at the time of withdrawal. There is no risk involved in this defined benefit plan and employees already acknowledged about the amount of deposit they will receive after the completion of their job (Gitman, et al. 2015). Thus, the main feature of this plan is no risk and stable amount at the end of the service. Whereas, this plan is also drawbacks in providing higher market return to the employees . It can also be calculated in other different methods that is funded defined benefit fund, unfunded defined benefit fund and hybrid super fund (Australian Government, 2017). These funds have different rules and their calculation methods ruled by the government of Australia. Investment Choice Plans Investment choice plan is another scheme of superannuation contribution that aims to encourage investment in the market and produce higher rate of return to the employees (Maginn, et al. 2007). The investment choice plan is featured with two main characteristics that is risk involved in the asset of investment and another is return on investment involved in it. When a person chooses investment choice plan, the asset portfolios have been analysed to make the decision on which asset the investment should be made. Greater risk involves greater rate of return in the asset portfolios (ASIC, 2017). Thus, it depends on employee in which asset they want to invest their money. Along with this, knowledge of the employee in the field of investment and market trading also differs the decision making. The individual that has fair knowledge about the functioning of investment area is capable to handle it more effectively, thus recommended to carry out the investment (Power, 2012). On the other han d, employee that has no awareness about the financial economics and investment can face the hard time in this investment choice plan. As an option, external profession and expert opinion can be taken with the help of financial planners that are responsible to analyse and advice on the investment assets that yield maximum return (ASIC, 2017). Moreover, the types of investment options plan provide by the Super Fund that manages the investment of retirement contribution are as follows: Growth: In this case 85% of the amount is invested on the properties and shares. Rest is in cash or fixed interest. It has the higher return in the long term with higher risk involved. Balanced: 70% of the amount is invested in shares and property which provides good rate of return on investment but not as growth plan and has medium volatility risk in it. Conservative: conservative approach has 30% in the property and shares and rest in fixed deposit and cash. Along with this, this option has lower return than balanced plan with less risk covered (ASIC, 2017). Cash: the company fully 100% deposit with the Australian deposit taking institutions that generates some amount of return which is more than defined benefit plan but less than conservative investment plan. Furthermore, there is very low volatility risk associated with this plan. These according to the employees requirement and will to risk in the market and want to gain return, these plans can be selected for the superannuation scheme. But before choosing these employee should consider some points like fees, comfort of the investment options, extra benefits included, performance of assets and insurance and services given by the Super Fund with each option (ASIC, 2017). The concept of Time Value of Money Time value of money is the cash flow generated from the present value of money in the future period of time. This value is very necessary to insight the future consideration and return out of investment is made (Smith and Koken, 2011). The time value of money is the most prominent concept of financial accounting and determines the future value in aspect of present value. The calculation of the amount can be done in the two manners, first is discounted the future money to present time and second is compounding the present value of money for future value (Hirt, 2010). This provides essential information about the investment decision and asset performance. This calculation is also necessary in case of deciding the superannuation plan. Defined benefit plan has fixed amount that can be calculated in the time value of money and in case of investment choice plan, asset price can be taken as base to calculate the time value of money. Therefore, the higher the future values of investment, hig her the gain to the employee (Hirt, 2010). Time value of money will also help the financial planner and employee to accumulate the profits of superannuation amount. Therefore, in the above discussion, it has been interpreted that the selection of investment choice plan as well as defined benefit plan has its own advantages and disadvantages and time value of money also entails significant aspect in considering while decision making of pension scheme of tertiary sector employees superannuation plan. If the efficient-market hypothesis is true, pension fund manager might as well as select a portfolio with a pin Description and why this is not the case This part of the assignment focuses on the decision of pension fund manger affecting from the efficient-market hypothesis. Efficient- market hypothesis is the asset management in the capital market in which the entire information of the asset is provided to the investors (Smith and Koken, 2011). The information related to assets is declared without any restriction to facilitate effective decision making process regarding investment. It ensures the efficiency in the market as well as determined to facilitate entire information associated with the asset to make the decision making of investor easy. This hypothesis is being criticised by many researchers and scholars as it ignore the market concept of higher risk and higher return. At the same time, it facilitates equal opportunities by offering same return on investment with same risk associated with the asset and amount included in it. Pension fund managers are responsible for the investment in the market and provide the maximum retur n on investment to the employees. Pension fund manger analyse the market risk and ensure the greater returns to the employees superannuation plan (Rattiner, 2010). In case the hypothesis of efficient-market is true, the pension fund managers role of market analysis will become very easy and he can select the asset that gives maximum returns. The process of selection in the efficient-market hypothesis will depend on the information of the assets and it will become easy for the pension fund manager to determine the good performing assets among all (Power, 2012). Moreover, it will facilitate the collection of information about the risk and return which will give a brief on the investment that should be invested for the targeted amount of return. Thus, it will become easy for the manager to estimate return and choose the suitable asset for higher profits. . On the other hand, if this efficient-market hypothesis is not true, then the pension fund manager will go for diversified investment plan. In the diversified investment plan, the pension fund manager select option of different types of assets and invest in each of these assets. The assets will be selected from different nature and characteristics without any correlation among them. The combination of different types of assets will increase the opportunity to gain high returns with less chance of losses. In addition to this, the diversification method will help the pension fund manager to manage the funds quite efficiently as the return from some of the sources will be certain and definite. Furthermore, assets where the returns are not certain will be watched closely and recovered by other asset investment in case of losses (Power, 2012). It will reduce the risk of market fluctuation and if one asset does not perform well, other asset will recover the amount of superannuation fund in that case. Therefore, the pension fund manager is efficient to manage both the situations wisely in case the efficient-market hypothesis is true or true (Rattiner, 2010). Thus, to grab the best opportunities in the market, it is advisable to use diversified asset investment scheme in the absence of efficient-market hypothesis. It will reduce the market risk and give the better rate of return. Conclusion From the above discussion, it can be concluded that there are many factors that influence the selection of superannuation plan for the tertiary employees. In case of defined benefit plan, fixed amount is involved and hence lower risk is there but at the same time no extra profit is being earned by the employee. In case of investment plan there are four types of plan that is growth, balanced, conservative and last cash which is categorised by the risk, return and investment of different assets in the plan. The employee can choose the plan with the understanding of market fluctuation and investment concept. Apart from this financial planner can also help employee in choosing the apt scheme that gives the maximum returns. Furthermore, the time value of money should also be considered to determine the future value of the present money. Efficient-market hypothesis has also been briefly described in the paper with the role of pension fund manger influenced with its functioning. References ASIC. 2017. ASICs Money Smart Financial Guidance you can trust. [Online] Available at:https://www.moneysmart.gov.au/media/555121/super-decisions.pdf [Accessed on: 17 May 2017]. ASIC. 2017. Choosing a super fund. [Online] Available at: https://www.moneysmart.gov.au/superannuation-and-retirement/how-super-works/choosing-a-super-fund[Accessed on: 17 May 2017]. ASIC. 2017. Super investment options. [Online] Available at: https://www.moneysmart.gov.au/superannuation-and-retirement/how-super-works/super-investment-options[Accessed on: 17 May 2017]. Australian Government. 2017. Defined benefit funds. [Online] Available at: https://www.ato.gov.au/Individuals/Super/In-detail/Growing/Super-contributions---for-defined-benefit-funds-and-untaxed-funds/?page=2#Defined_benefit_funds [Accessed on: 17 May 2017]. Dixon, D. 2012. Securing Your Superannuation Future: How to Start and Run a Self Managed Super Fund. John Wiley Sons. Gitman, L. J. et al. 2015. Principles of Managerial Finance. Pearson Higher Education AU. Hirt, G.2010. Investment Planning. McGraw Hill Professional. Iverson, D. 2013. Strategic Risk Management: A Practical Guide to Portfolio Risk Management. John Wiley Sons. Maginn, J. L. et al. 2007. Managing Investment Portfolios: A Dynamic Process. John Wiley Sons. Power, T. 2012. Superannuation for Dummies. 2nd ed. John Wiley Sons. Rattiner, J. H. 2010. Getting Started as a Financial Planner. 2nd ed. John Wiley and Sons. Smith, B., and Koken, Ed. 2011. The Superannuation Handbook 2008-09. John Wiley Sons.
Wednesday, December 4, 2019
Leadership Borsch and Accenture
Question: Discuss about theLeadership for Borsch and Accenture. Answer: Case Study 1: Ruslan Kogan Ruslan Kogan is a founder and CEO of Kogan.com an ecommerce platform for electronic goods. Kogan has also been in the list of one of the founders of Milan Direct, and Australian and UK based furniture retailer. Also he has been surveyed as Australias one of the richest people under the age of 30. Kogan.com was the first online platform where the privately labeled TVs were sold (AnnahAvolio, 2010). From being an employee of companies like Borsch and Accenture, Ruslan Kogan emerged into the most influential and strongest people in technology and business. Effective leadership and innovation are the two aspects which has been the most powerful elements of Ruslan Kogan. The Ways Ruslan has Constructed as a Leader by Accounts Ruslan Kogan started his career by working in the IT department of Borsch, shifted to Generic Electric and the transformed as a management consultant in Accenture. The leader soon realized that working under the companies and organizations was not going to work for him and thus he quit his job and planned to start his own firm (Dalton et al, 2015). Soon he started his television retailing business online, named Kogan.com. Under the leadership of Ruslan, Kogan.com developed into the first online TV retailer store online which sold privately owned and branded televisions. The company ordered amazing consumer goods and items like electronic items, lifestyle, home, healthcare etc at very affordable prices. Kogan did revolutionize the way the Australians shopped. Since past few years, the list and range of products the company offered did increase from hundreds to thousands. Ruslan has been dignified and awarded with the youngest entrepreneur of the year in 2012, one of the top 50 influen tial people in tech, in the list of BRW young rich list people, fast starters, fast 100, top young CEO etc (Defazioet al, 2009). This has proved that Ruslan has emerged and developed as a significant and powerful leader who changed the direction of success for the company. This person has grown as a leader and has set an example for effective leadership. Ruslan proved that all the qualities and features which a leader must have are filled within him. The steps taken by Ruslan to run the company and gradually increase the products and offerings were quite successful and soon the company developed into a firm providing numerous and wide range of products (delSordoet al, 2012). Ruslan had the qualities like a positive approach towards situations, effective management of the teams, support towards the employees and teams, management of the entire process etc. These qualities have made Ruslan an effective and impactful leader having the power of leading an organization effectively and have set an example for the emerging leaders. How Ruslan Conceptualizes his Leadership Ruslan kogan enhances the features of his leadership by justifying several key points which are focus on the positive aspects of the business, develop a win-win situation for both the company and the customers and a constant support for the employees and the customers (Ferdig, 2007). As per Ruslan, leadership is not focused to provide power to any single person or entity; it is a huge responsibility which needs to be taken very seriously. It may be very tough to achieve the goals and objectives of the organization but a constant try and efforts would surely provide successful outcomes and results. Leadership for Ruslan is the identification of the points which are unseen and not considered by others. The leaders stand out due to the unique and different qualities and that is what makes a leader powerful and strong (Forbes, 2014). Also Ruslan believes that rather than running in the crowd with people, it is worthy to find the right direction and move ahead in that direction. The most important aspect is belief in oneself and the team members. If the leader s not confident enough, the team members too would be unsure and would lack confidence. Thus it is very important to believe in the people and trust them. Also building a trustworthy and reliable image is a most important quality of a leader. The team must have confidence in its leader and must develop a reliable and communicational relationship. This would make the communication and tasks easy for both. Thus as per the conceptualization of Ruslan, his leadership is trust and belief in the team members, standing out from the crowd and thinking out of the box while developing innovative strategies and methodologies (Foundation for Deep Ecology, 2012). How Ruslan Conceptualizes Success Through Leadership Ruslan believes that if the leadership is followed in a proper manner, then the results and outcomes are guaranteed. Success is no bar if the leader follows his/ her duty in a significant and impactful manner. Success and effective leadership goes hand in hand. If the company gets in the hands of wrong leader who does not know how to lead an organization or a team, the results would be completely adverse and negative (Garman et al, 2010). The organizational success is completely dependent on the leadership followed by the company. Ruslan believes that the organization led by the effective leaders which are significant and innovative would surely achieve success. Ruslan believes himself as an impactful leader and thus he has been able to drive the companys success. An effective leader knows where the company needs to improve and what the weak areas of the organization are and thus by focusing on these aspects, the leader can change the situation and performance of the company (Forbes, 2014). Recommendations: Ruslan has developed a large online market and has developed successful online market place for the electronic items and goods. Ruslan is a technological appraiser and loves to use technology in each and every part of his business. He can to consider the fact of using the virtual reality for enhancing the online shopping experience. Online shopping has been too common and is adopted by numerous companies and if Ruslan wants to stand out from the common applications, he must use the innovation and out of the box thinking as his leadership quality and must try something different for enhancing the shopping experience. Case Study 2 : Brian Hartzer The Ways Brian has Constructed as a Leader by Accounts Brian Hartzer is the CEO of an Australian based company called Westpac. This amazing person has emerged as the CEO of the company due to the immense skills and talent which he possesses. Brian has proven his significance and talent as a leader while serving as the impactful and effective CEO of the company. The CEO of the Westpac banking services also was the Managing director of Westpac and the Chief Executive of the Retail wealth at UK. The list of the designations and positions of his career is quite long and impressive (Mintzberg, 2009). From banking services to the consultancy firms, Brian has an experience of all kind of firms and has achieved high significance in terms of a leader and a chief executive. This list defines the efficiency and impact of Brian as a leader and his emerge from a basic employee to the CEO. It has been witnessed that after the entry of Brian, the companys profit ratios and management processes became more stable and sequenced. This was due to the effec tive management and leadership skills of Brian. Brian was included in the list of most influential people which has proved that Brian was born enriched with the leadership and management qualities with the bunch of experience he had in all the companies (Moscelliet al, 2015). How Brian Conceptualizes his Leadership Brian is a business executive who works as a CEO in Westpac Australia has a leadership qualities that conceptualize the leaders role and the role model of many people. With the Westpac CEO he has vowed to seemingly lift the efficiency of the company and then sharpen the focus of the bank towards the customers that unveil the management in the largest divisions. The leadership concepts that are adopted by the leader are focusing on the largest divisions of the company and the most attractive performance (Martin et al, 2016). Brian with his move made a considerable notice with the countrys largest lender as a stamp on the country, this was to fulfill the demand of the customers and the new bank that has a consumer division was a key job that was focused equivalently by Brian. The retail banking was much welcomed at this end which was the main brand of Westpac retailing. By having a social responsibility as the duty of a leader, Brian made some changes that led to the consumer banking division which conveniently led to the account for the group to the profit of the bank and even included the consumer that faced the arms of the retail banking which is Westpac, Bank of Melbourne and RAMS (Kouzes Posner, 2007). Brian has even promoted David as a product officer who has a responsibility to lead to the new division that was focused with the commercial and the other business banking sector which was utmost a priority growth market. Whereas, there are restructures that are led with the banks executives who are se nior in the bank. The leadership quality that allowed the team support led to the growth in the market and the team support created a success towards the consumer banking which was highly been appreciated by the company itself (Hamel, 2009). How Brian Conceptualizes Success Through Leadership With the success of the leadership approach that has been constructed by Brian, there are leadership qualities that matter in the restructure of the banking system and thinking about the focus that needs to be carried out with the ability to prove with accountability and the responsibility that encouraged the system and the organization. The banks ability was been increased by Brian which is the matter of concern when it comes to responding quickly to the needs of customers and the lift the executives who are accountable and need to deliver according to the pledge of the company which is again the main objective of Westpac (Goffee Jones, 2009). Brian has made an effort in the internalization and the banking sector, this has made an attempt to face the calls that the market reins while it should be designed to improve the standardization while remove the duplication of the rules and regulations that are fraudulent (Maxwell, 2007). The success of the leadership traits that has been observed is the accountability and the responsibility towards the society and the stakeholders at large. Leaders focus on the productivity and this aims at increasing the revenues by providing the input to the work culture. There are common goals that are brought by the leader which helps to accelerate the common process and allows the strengths of the brands which are efficient and gives a result to the organization. business banking has now been importance and Brian has identified the priority that makes a the most of the retail banking as a key priority. There are more opportunities, Brian thinks as such he states that with greater opportunity that can be applied to business side as well as consumer side (Montesinoset al, 2008). Case Study 3 :Cindy Hook The Ways Cindy has Constructed as a Leader by Accounts Cindy Hook is the first female Australian CEO from a big accounting firm and is now a forefront for change. She is a personality who started his top job in the year 2015, with the crucial and the top headlines in Australian news, her gender has become the most fascinating headline for others to learn from his qualities (Garman et al, 2010). She has leadership qualities that is been used effectively and for the next generation for leaders with females, she has given a lot of attention with her lead conversations that are momentum and are seamlessly a way too far bringing together the business credentials with the innovative approach and a fresh approach that matters in the business and finance. With the qualities of leadership she possess in her, she has been a great leader and a Boss in an Emerging event of leaders. With the career in the accounts, there has been an interest to know about and to hear about the journey of Cindy in the make dominant society. With the way Cindy Hook has been a leader in accounts is appreciated while this is relevant and convenient career which best suited her in the career path. As such the leaders describe their leadership traits with the conceptualization of leadership and their roles as a leader in the account field (Rao, 2006). How Cindy Conceptualizes his Leadership Accordingly the six tips that the leader has given to the world as an experience is been shared here to know and describe about the conceptualization of leadership. Know yourself is the main element that cannot be ignored while understanding the real importance that is been given (Parkin, 2010). It is equally important that knowing yourself and acting in the same way is an authentic leadership which is very critical to handle and it seems that no matter what, always it is necessary to act according to what seems to be right from mind. Cindy believes that people take time to while writing the values of the life and might even seem obvious when they actually act upon what has to be done. What is more important in life is to be reflected upon when its time to take some crucial decisions. This is the time when a person knows about self and accepts the career he wants to chose upon. This is the leadership quality that is adopted by Cindy and it mainly revolves with the vitality and the co mmitment of life long wellbeing. At this end, Cindy observes that the ability to lead a life is tied with our mental and physical well being which we build in ourself (Kouzes Posner, 2012). At the next level, the other quality states about working hard and delivering the results that prove to be positive and impact the whole system or the company (Schley, 2006). It is not merely the hours that are proven in the system or an organization, but it is the hard work that matters after a long working hour and the productivity that matters in most of the cases. Cindy has made her decisions when it comes to proving herself with the hard work she has done for self and for the society itself (Shriberg MacDonald, 2013). Consistent and the continous results that are proven are most amazing because in the accounts career what states is the main and the financial scope which is useful in every progression and even Cindy has made proven results with her career when it somes to acknowledging the years of work she performed to get the most top rated job as a CEO in Delloite. While delivering new roles, it is easy to be successful in the society because people notice the actions that are taken and the results that make a difference in the attitude and the career path. How Cindy Conceptualizes Success through Leadership The leadership quality of being loyal to the organization is an encouragement to the employees who find Cindy as a role model (Stacey, 2007). These days people do not work continuously in one organization, rather they keep on changing, so Cindy advices and says that career is an important step where a person should be faithful to the company and towards the job duties. When working as an auditor, Cindy has made a move in the year 2009 in San Francisco. Tenure was the most important leadership trait that has been observed by Cindy and the leadership qualities that refer from a research study was conducted by Harvard Busines Review. With this impact was to carry on the career path with loyalty and Cindy has an interestin career that states over the Deloitte company. With no progress in the company, a person may move on which means it is completely fine because no person would like to stick to the same place where he is not promoted. Change may lead to a different approach and this is seemingly an interesting way that can change the future of a person. Building a great team would be a leadership conceptualization that need to be observed and the support of team makes a relevancy that recommends the people about the leadership lessons that are valuable. The qualities of leadership proved that there are born leaders (Tourish, 2008). Recommendation The more effective the leaders are, the more successful the company can get. The leadership has many aspects and factors like effective team management, communication, strategy development etc which must be followed in the companies. It is highly recommended to follow these aspects for every team leader and strenghthen the leadership skills. Conclusion After analysing the perspective of leadership from the three biggest and sjgnificant leaders of Australia, it can be stated that leadership is a quality which can bring new heights of success to any organization. These people are leaders due to their unique and different qualities and the organizations can get a successful and stable base if they have impactful, trustworthy and highly influential leaders. References: Annah, S.T., Avolio, B.J. (2010). Ready or not: How do we accelerate the developmental readiness of leaders? Journal of Organizational Behaviour, 31, 1181-1187. 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