Neo Liberalism Essay Example | Topics and Well Written Essays - 2000 words

Neo Liberalism - Essay Example There are many problems that it has introduced, but has been unable to provide answers. There had been mixed reactions as some of the happenings had been good and some of them were unpleasant. Dictatorships had been giving way to liberalism and this is definitely a positive step in the right direction. How long it might last, one cannot answer today. There exists another fear that Neo liberalism could widen the gap between the poor and rich. It is felt that World Bank, Inter American Development Bank and International Monetary Fund like powerful monetary institutions have imposed a situation of reducing profit rates felicitating the corporate few who are in bad business ventures, to revive their economic position. "Neo-liberalism is a response to a dual crisis that emerged in the mid-1970s for the ruling class. On the one hand capitalists faced a 'crisis of accumulation' - the capitalist system was stagnating and profits had fallen from the rates achieved immediately after the Second World War. Secondly, a rising tide of workers' struggle in the 1960s and 1970s posed a threat to the political power of the ruling elite" http://www.socialistreview.org.uk/article.phparticlenumber=9655 It is difficult to guess if Neo liberalism would bring the same future to all cities, or the result would be diverse in accordance with the city. But we can make very clear assumptions that it would definitely make the cities look and feel alike. There is a suggestion that the growth of cities is connected with the growth rate of national economy and most of the economic activities are focussed in the cities. "Indeed by the end of the 1980s the World Bank claimed that over half of all GDP in the greater majority of developing countries could be traced to urban areas", (Allen, 1999, p.248). The link between cities, particularly the cities in the developing countries, is a new one. As there had never been anything sweeping the earth the way globalisation did, it is understandable. No doubt, at one time, Imperialism ruled the world, but compared to the all-pervasive nature of neo-liberalism, effects of Imperialism were remote, and were limited to the particular colonies, even though there was a great impact on world trade and business. It lacked the power and all-grabbing tendencies of today's financial and marketing institutions. "The ideological persuasion exerted increasingly by these and other institutions mirrors the types of influence at work at the level of the global economy" (Allen, p.248). It has made the Governments to take a different view of their cities and attend to all needs of the cities mainly with the intention of fitting them into the global network, so that they could be showcased as their trophies and achievements of Neo liberalism. Some thinkers, economists and sociologists are of the opinion that cities should be limited and their unbridled growth should be curbed. They say this without taking into consideration the importance of cities in history or their current position as significant players economically, socially and politically. Another assumption is that the role of markets and economic institutions and their reforms are compatible with the city life of the inhabitants. Persisting doubt is if macroeconomic policies and regulations would be sufficient for the growth of the cities.

Teachnology and Business Management Research Paper

Teachnology and Business Management - Research Paper Example In the first part is presented the definition of BPM and its road-map. After is presented the definition of information technology . By introducing the main characteristics of the IT is shown how IT can enable the BPM. Finally will be presented a real case-study of a BPM solution implementation. Technology and Business Management Today’s organizations are confronted with the need of improving the business management. Under these conditions, the traditional management approaches that focus on financial figures are being substituted for new and more developed practices. The performance is related to the efficiency of an organization to meet their goals. With the evolution it?s expected to develop practices that reduce the errors by improving standardization and automation of the activities. The Business Performance Management appears as a very developed approach. It’s important to understand how the technology can enable this practice. The choice of the proper tool and te chnology in a BPM solution is critical to the success of the operation. The improvements related to the information technologies seems to serve and meet the BPM goals. The main purpose of this article is to prove how IT enables the BPM. How the report will achieve the purpose? The report will provide a summary of BPM definition and goals; After will be presented the BPM road-map in order to prove how closely the BPM process is within the automation process; After proving this, is presented the IT definition; After is shown how the IT and BPM converges into similar lines; Finally is presented a case-study. Business Performance Management ( BPM) A business process is a set of activities which are defined in order to reach a specific organizational goal. The Business performance management (BPM) is a systematic approach of the Business management. The main goals of BPM are: reduce human error and miscommunication, focus stakeholders on the requirements of their roles and on making an o rganization's workflow more effective, more efficient and more capable of adapting to an ever-changing environment. In general BPM is developed within three types of frameworks: Vertical, Horizontal and Full-service BPM. Horizontal BPM is related to the the development of business process and the technology application. On the other hand the Vertical BPM is focused on coordinating of a specific set of activities. The Full-service BPM deals with five basic tasks: process discovering, process modeling, business procedures, workflow and finally testing. BPM is several times linked within the information technology(IT) and it has increased the demand for IT services. The concern with the business process optimization is not recent. It has been developed since the industrial revolution. In the last decade the notion of business process optimization is intrinsically related to the BPM. The BPM provides flexible business process therefore the business process became dynamic and adaptable w hen confronted with changes. The BPM is a powerful tool for an organization. It promotes the continuous operational improvement and the cost reduction cost through continued process improvement and automation. The main difference between BPM and traditional process management approaches is the focus on customer value. The main goals of a BPM solution are related to the optimization and automation of the process outcomes, the rapid response to a business event, delivery ( in real-time) new