Organizational alignment definition for Countrywide Home Loans

Running head: Organizational alignment DefinitionOrganizational alignment DefinitionESSAY 2ContentsSubject PageIntroduction????..????????????????????????.??..3Information on nationwide .??????????????????????...?..3 upcountry Environment???????????????????????????..3 outside Environment.............................................................................................................4SWOT Analysis????????????? ????????????????..5Strengths???????????????????????????...5Weaknesses??????????????????????????...6Opport social unities?????????????????????????....6Threats????????????????????????????..6 a trend/Internal Alignment-Enhancements????????????????????????......7Conclusion ??????????????????????????????......7References???????????????????????????????...8Introduction comprehensive monetary has quite an panoptic pecuniary portfolio. comprehensive Financial has interests in mortgage banking, heavy(p) grocery store places, global operations and financial banking. The biggest financial mart that countrywide is involved in is the trick up market portion. ?Mortgage savings banking, which originates purchases, securitizes, and constitute mortgages. In 2006 nationwide financed 20% of each mortgages in the join States, at a value of about 3.5% of United States GDP, a proportion greater than any other undivided mortgage lender?(Countrywide family unit Loans, 2008). The following paper every last(predicate)ow go over this segment of the wholly in alliance as it is the largest and the oneness I am al near familiar with. Internal EnvironmentThe impart judicial system department does non provoke one single resource or military deputation. Instead of a mission statement at that place is ?Loan governance Principles?. A culture in the smart wad that is regarded as the just way a person should deal and act at work. a good deal clocks the culture is relied upon when on that point is an issue at work. The prin ciples consist of 7 concepts. The first one ! is ?Demonst ordinate ace?; This characteristic is what an employee brings to Countrywide. This shows an initial alignment with the company. The randomness one include as a characteristic is ?Be a positive Influence?. Employees atomic number 18 to remain absolute at all times. The third, fourth and fifth principles argon considered politeness based that mountain be trained. ?Be an agent of incline?, ?Measure everything?, and ?K forthwith the Details?. These skills be all closely seen to be a joke at the company. These troika principles everlastingly take the place when choices that atomic number 18 being do by management are non logical. Often, details of how to do a job are not conveyed to the people that train to kat once the specific information and then later contemn for not k straightawaying. The last two principles are ?Maintain customer emphasis? and ?Envision Growth?. I believe these are the most important principles. Without good customer relationsh ips a company could not be successful. Every company must whole tone for juvenile ideas and st scoregies to maintain at its contemporary localize and resembling grow. The primary election culture statement is ?We toilette run the the Statesn vision?. The Ameri stooge dream is considered ownership of a house, land, property. This aligns and links the 7 Loan Administrations principles one specific goal. This is not a mission statement exactly both(prenominal)thing that good deal melt employees in their values. External Environment on that point can be four different levels at which we insure the extraneous environs. The first one is the general environs. The general trapping market right now is in a slump. Houses are no longer being appraised as racy as they hire to be. sign of the zodiacowners are now finding that they paid all most double then what the house was worth. The industrial environment is suffering significantly because of the loan products of fered and often pushed on brace buyers. Adjustable ! loans were pushed on low income families that did not know the expel affects of the loan. More often then not, mortgage companies were offering loans without disgrace checking a person?s proof of income. Disposable income has subside significantly and the rate of disregard among these high risk loans is now increasing; leading to a mortgage meltdown. ?A strategical group consists of a cluster of firms within an industry that flow to adoptcommon strategies of technological leadership, quality standards, prices, distributionchannels, and customer service? (Kerin, Berkowitz, Harley, Rudelus pg.163). Countrywide crustal plate Loans fix themselves apart from other companies by having standardized fire and customer service techniques. Customer service is one sniff out of the company that was surmountled at and trained on, in great detail. The emphasis for each employee is customer service and satisf challenge. Benchmarking strategic group is mischievous to competito r epitome. Countrywide Home Loans (CHL) consistently compared themselves to other companies. In fact, CHL serviced mortgages from other companies. Other companies were confident that CHL was well known for its aptitude in servicing mortgage loans. Technological advances prepare set CHL ahead of the rest. They have created computer programs that specifically are use for CHL. An employee can log on to any computer at any CHL location and have all their documents ready for use. ramble of America recently purchased Countrywide Financial and all of its subsidiaries. articulate of America is converting some(prenominal) of its file to this system that CHL has, as it is have and hardly used by CHL. there has been legal action against CHL as well. Lawsuits have been brought against CHL stating they discriminated against ethnic groups. They were accused of convincing some members of ethnics groups into high interest rate loans. SWOT AnalysisA SWOT analysis is ?A strategic management tool to evaluate the firm, which is gross! (a) by identifying its strengths and weaknesses and identifying its opportunities and threats? (Kerin, Berkowitz, Harley, Rudelus 2006). We excel in the customer service area. We excessively excel in servicing loans, this includes collecting late hires and fortune mortgagors if they are unable(p) to make a payment with payment arrangements. CHL does extensive punctuate checks on each employee. The culture of CHL provides a positive work environment. avow of America just acquired CHL and olibanum improving CHL in its entirety. at that place are many weaknesses in CHL. CHL most vulnerable part is the default rate on the subprime loans. This default rate has led to the steady decline rate we have seen for purchasing of basiss. The foreclosure rate is in addition at an all time high. The actions from CHL in the past are now dictating its rate of flow position. Countrywide has been purchased by deposit of America and hopefully this pull up stakes bring some take aimed va ry to the company. on that point are many opportunities that CHL can capitalize on. One of these opportunities is the current market. The housing economy has been in a downward slope.

The market will not start to improve until the entire portfolio of adjustable rate mortgage loans are out of the system. We have to arrive at all of the foreclosures out of the market before there can be a significant improvement or at least show that there is a marked descend in foreclosure rates. Right now the lifestyle trends have similarly created a negative impact on the housing market. Households are no longer expending as much. There is also a bi g market for apartment housing. This is something t! hat CHL can go out into. diversification is important to any company that impoverishments to function in a tough market. There are a hardly a(prenominal) threats to Countrywide Home Loans. There are the political effects. There is more scrutiny on the loan practices that CHL occupied in. There have been lawsuits filed because of unfair lending practices. There are market demands for housing but not at the rate the market is sitting at now. Because of the acquisition of CHL by Bank of America, many people have faced layoffs. Bank of America stepped in at the right time allowing for a sustainable financial sanction. The economy posses the greatest risk. People are not spending and purchase like they used to. This does create an prospect for apartment complexes as many Americans are not buying houses. External/Internal Alignment-Enhancing AlignmentThe internal alignment is not line up with external environment. CHL is not working in ways that would expediency the comp any, employees, stockholders or the customers. The acquisition was important for Bank of America to embellish their portfolio. This also helped the mortgage industry in such a difficult time. Mortgage and banking companies continue to declare bankruptcy or have some sort of bailout by the United States Government. CHL can change the way they do business and the mortgage products they have. They need to dilute new mortgages for home buyers. Existing mortgage loans need to be modified in accordance with state and federal official laws. This is the only way CHL will decrease default rates. ConclusionIn conclusion, Countrywide Home Loans has many opportunities in this difficult market. With the financial backing of Bank of America there are endless opportunities. Employees can be a good source of ideas. CHL has many happy employees. Bank of America is a diverse company that now includes CHL. There is an opportunity for CHL to become the biggest mortgage company there is in Ame rica. Not only the biggest mortgage company but the b! est. ReferencesAaker, D. A., Kumar, V., & George, S. D. (2004). selling Research (8th ed.). Hoboken, NJ: John Wiley & Sons, Inc. Countrywide home loans. (2008). Retrieved family line 18, 2008. Retrieved from www.countrywide.com. Gomez-Mejia, L.R., & Balkin, D.B. (2002). Management. unsanded York: McGraw-Hill Companies. Gray, C.F., & Larson, E.W. (2006). Project Management: The Managerial move (3th ed.). New York: McGraw-Hill Companies. Ivancevich, J.M. (2004). Human Resources Management. New York: The McGraw-Hill Companies. Kerin, R. A., Berkowitz, E. N., Hartley, S. W., & Rudelius, W. (2006). Marketing. New York: McGraw Hill Companies. Lunenburg, F.C., & Ornstein, A.C. (2004). educational Administration Concepts and Practices (4th ed.). New York: Thomson Learning. Rue, L.W., & Byars, L.L. (2003). Management Sills and Applications (10th ed.). New York: McGraw-Hill Companies. If you want to take up a full essay, order it on our website: BestEssayCheap.com

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One says, "To make profits." Another says, "To create customers." The third says, "To fight world hunger." Analyze and discuss these mission statements.

In a series of interviews, you ask three recruiters to evidence apart the bursting charges of their companies. whizz says, To cook up profits. A nonher says, To have guests. The three says, To entreat foundation hunger. Analyze and discuss what these mission statements tell you about for each one of the companies. Rewrite these mission statements (based on your reading of what a effectual mission statement should be composed of) but be sure that they reflect the said(prenominal) mission as the ones listed above. familiarity 1- To make money kindred most companies, caller-out 1s primary objective is profit-driven. It whitethorn depend that its t morselics and long-term strategies is the generation of wealth for its shareholders. The company whitethorn opt to maximise immediate goals of generating profits, foregoing customer fidelity. indeed it may adopt an aggressive marketing approach to act upon potential customers by all means that they have the top harvest-feast on the market. However we cannot discount those long-term objectives does not matter as long-term corporate vision may prove to be a better way to maximize profits. A rewritten mission statement: Wealth creation for our shareholders Company 2- To create customers The recruiter allow be looking for team players who range customers. In fact this company is experienceing to improve sales figures by creating a consider for a product.

Nowadays most commodities we materialize in a shopping mall are scarcely wants, not home necessities. The company is trying to market its product by act this wants into a n eeds for the customer. Usually the products! and services of such company will be user-friendly packed and presented, age the marketing must be carried out tact neary to create a need for the product. A rewritten mission statement: We aim to enhance the quality of life of our customers Company 3- To fight innovation hunger... If you want to get a full essay, edict it on our website: BestEssayCheap.com

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Academic Integrity

Every day, millions of students face ethical and moral dilemmas and unfortunately, studies have turn up that approximately students choose to plagiarize. Academic dishonesty is a master(prenominal) busy for all students and facility members of any institution because of classes that nuclear number 18 offered online, which may lead to students to plagiarize and trickster on assignments. With the new study of technology, the honesty of academic piece of writing has be scrape more of a confrontation. Teachers and students do not act physically because of doing online classes, a personal interaction is not necessary. piracy for some students is hard to deal the thought of what plagiarism but is. In today?s newer technology, many colleges have come up with a political platform for all arrive at that has been turned in by students to arrive at legitimate the work is not copied, (Grijalva, Nowell & Kerkvliet, 2006). One schedule that institutions are using is called Turnitin, which can be accessed through the institutions website. This is a qualified program that records a diverse number of pages from an diversity of sources, which take periodicals, web pages, and papers that have been put frontwards by other students, (Lee, 2009). When papers are submitted through the program, they are routinely saved and are used to spot plagiarism, (Lee, 2009).

professor Donald McCabe, a leading expert in academic integrity, conducted a survey, which showed that amidst 25-30 share of college undergraduates confessed to some type of deliberate plagiarism, (Cheating Statistics). In 2001, professor Donald McCabe interviewed 1800 students at nine different ! universities and 84 percent declare that they had cheated, (Cheating Statistics). With plagiarizing being a common problem, instructors have a detailed guideline for the students; and the students are expectant to create their give give up checklist to avoid them from partaking in this dishonest practice, (Cheating Statistics). Plagiarizing, why do students... If you want to get a full essay, order it on our website: BestEssayCheap.com

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The body Shop strategic analysis

The clay cuckold International CASE ISSUES: Market impregnation/Loss of Sales (CI#1) - harvest-feast Strategy is no bimestrial running(a) for The Body Shop. Their computer storage gain has diminished since the mid-1990s, and by 2002 the companys profit was shrinking, and gross changes were non growing proportionally to the rapid enlargement of stores. Having entered a suppression phase, they need to snap on profitability without rapid expansion. Is Anita foregone? (CI#2) - Though Anita Roddick stepped down as chief executive officer in 1998, and resigned as Executive Chairman in 2002, it is unreadable how much form she has on day-to-day operations and strategy. outcome Values (CI#3) - By changing top management and governance, The Body Shop runs the risk of losing their individuation and their core apprise. Losing touch with these values could cause a red ink of reputation, however, clinging to them above shareholders value is also detrimental. Loss of Ima ge (CI#4) - The Body Shops realise seems to be undergoing another makeover. With Anita Roddick being at least a less(prenominal) visible member of the organization, The Body shop no longer practices eccentricity for eccentricitys sake. However, changing their image has also meant they have garbled their uniqueness among their competitors. I.         CURRENT SITUATION A.         CURRENT PERFORMANCE The Body Shop achieved an overall solid performance for the year 2004 especially with unafraid sales in the USA (+ 4%), the Middle due east (+4%), the Nordic countries (+4%) and most part of Asia peaceful (+2%).

H owever, these encouraging numbers were offse! t by listless sale in the United Kingdom (-13%), Canada (-10%) and parts of atomic number 63 (-7%). This growth occurred while the growth of stores slowed. This may signal a reposition away from the extreme growth model to a focus on quality. B.         STRATEGIC POSTURE Missions Ø         To dedicate their care to the pursuit of social and environmental... I like the structure youve used, alone I believe this is a degree-like level in similarity to what Im working on of course. If you deprivation to get a expert essay, order it on our website: BestEssayCheap.com

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The Music of Generation X

The Music of Generation X         Since the beginning of term the gentleman beings cook adored the soothing sounds of music. Music has affected the path passel own be cave ind and dressed through start variant periods of time. divergent groups have been formed based upon their preference in music. begin for an mannikin in the music of my generation, Generation X, there argon some(prenominal) different groups oriented by music. In Generation X punks, gangs, alternative population, ravers, hippies, and pop rockers have all been luff into groups by their preference of music. Music has also affected people mentally, ca utilize problems in hostelry like suicide, depression, loathe/racism, violence, and medicate addiction. I am about to examine fin different tenor lyrics of my generation to demonstrate the different tones and concerns they transport onto society and my generation.         The first verse I would like to try out is Jane Says by Janes Addiction. The main theme in Jane Says is escaping drug exercise and addiction. This song is basically set in a wiped out(p) grade area. Jane is a girl who has had a heroine addiction. Her personal boundaries have been invaded and she wants out of the habit, Im gonna kick tomorrow.... She goes through depression and withdrawal, She gets mad/And she starts to cry.

then(prenominal) the songs continues by talking about loneliness. Drug addiction is oft the earth for much of the music in todays society. People extend to venerate famous people and when they see or reveal of their idols using drugs or drinking they follow the actions of the famous people! . other song in which I am going to contend is compose by The Smashing Pumpkins. Tonight, tonight is a song about maturement up. The song stresses the importance of time and how precious it is, time is never time at all/you can... If you want to get a sufficient essay, order it on our website: BestEssayCheap.com

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Scarface: The American Dream Gone Bad

What goes up must unceasingly come down. When it comes down in Scarface, the crash is as terrifying as it is vivid and arresting. ofttimes(prenominal) ar the feelings of New York Times Vincent Camby that I too share approximately the true tear, which is not easily forgotten. Scarface, written and produced by Brian DePalma and Oliver Stone, has always been dubbed as being controversial and non-traditional, since its release in 1983. The film shows the American Dream gone bad where a Cuban immigrant (Al Pacino) rises to wealthiness and power through the cocaine industry, and his eventual surpass from grace. With much violence involved in the movie, many state operate to shy away from it and over facet the underlying themes and performances it contains. Scarface does a tremendous job of providing captivating characters, new perspectives for movies, and emphasizing the onus of greed and wealth.         Al Pacino did not just play the bulge of Tony Mont ana, but he was Tony Montana. Pacino proves to be so convincing in his part as the American Gangster, that one begins to almost guide with the bad guy. Being the veteran actor that he is, he is able to take control of his part and go over the top, giving all of the viewers a confront into the world of a madman.

The film consists of numerous scenes in which Pacinos character, Tony Montana, shows forceful changes in emotion, varying from calm, cool, and collected into fits of rage and anger. He also has a soft side, in which he is extremely protecting(prenominal) of his sister. In one instance of his fits of emotion, he killed his be st peer because he announced that he was ma! rrying his sister. His emotions get the best of him and tercet to his cutthroat and tragic downfall.         Steven... If you want to get a effective essay, disposition it on our website: BestEssayCheap.com

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Nigeria - why is it under-developed and what can be done to improve its situation?

Nigeria - why is it under-developed and what can be done to improve its dresser? Introduction Nigeria is a country in West Africa, side by side(p) to Niger, Chad, Benin, Cameroon and the Atlantic Ocean. Nigeria has a size that is about four multiplication as big as the size of the United Kingdom, and has a creation of more than 100 million people. The environment in Nigeria differs a great deal in the different part of the country. The coastline consists of smoothen dunes and, around the delta of the River Niger, swamplands. It rains quite much in the coastal battleground and it used to be totally covered with rainforests, though nowadays much of it has been cleared up. The inland has a higher(prenominal) landscape with many hills and in the east, along the boarder, there is a upsurge range. Then there is the dry savanna in the normality, which is apparently very different from the rainforests in the south. Even come along north there is the Sahara desert that continues into Niger and Chad. The capital city is laid in the middle of the country and is called Abuja. Nigeria is an under-developed country and it has three master(prenominal) issues that haul it from developing: poverty, overpopulation and insufficient health care. Poverty A big problem in Nigeria is poverty.

The GNP per capita is about $280, which is very little compared to the $20,000 that most countries in Western Europe have. This stop Nigeria from developing; without money they cannot ware fully advantage of their inwrought resources because the technology they need to do that is too expensive. To get absolve of the poverty Niger ia has to become self-sufficient. They shoul! d substance as little products as possible, but export as many as possible. That would institutionalize them a surplus. About 80 percent... If you want to get a full essay, order it on our website: BestEssayCheap.com

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