Recent orders
Facebook Privacy Settings
Facebook Privacy Settings
Facebook is a social networking site for the present time society it has many impacts both negative and positive that affects the users and the society in general. The site was created by three students who had a noble idea. By creating a central communication place where they could meet with other students to share ideas, network and exchange other schools programs. From the interception of facebook site in 2004, millions of people world wide are using the site as a communication arena. Once a member a person can meet new friends and add them to their friend’s list, join groups, comment on other people updates and build new relationships. Communicate online is made easy, it is fast and efficiently passed from one friend to the other.
Through facebook an individual is capable of meeting people from different parts of the world whom they have never met. It enables friendships and relationships to be formed in the comfort of a person’s office, home and anywhere that internet is accessible. The fact that facebook looks like a very fascinating site to join, the big question that is asked by many is if the privacy of an individual becomes a thing of the past once a person has signed up for membership. To sign up a person has to give up some personal information by answering questions that relate to your private life. The information is not private and can be exposed to anyone viewing the profile that can either be your friend or someone not affiliated to.
From my recent research in my locality and from facebook critics, it is approximated that majority and a big percentage of people spent seventy percent of the twenty four hour’s time on the internet and most commonly on facebook. This is where people give up their privacy by posting their feelings, ideas and interest on the site. All these is enhanced by the all present question on the facebook opening page on the site that asks you what is on your mind. Most commonly people end up posting very important information that can be intimate and very private, done consciously or unconsciously. Once the information is sent it cannot be retrieved immediately as the next friend online has a better chance of reading and getting the information.
Originally, facebook was created and meant for a worthy cause but as millions of people continue to flock on the site, it has become evident that privacy of an individual has been at risk. Both the young, old, married, and single people of all gender are on the site. Through my own research it is evident that many relationships are broken by the information posted in facebook. Recently a couple who had been married for fifteen years with two children ended up divorcing due to the information that the man’s mistress had posted on the facebook blog space commonly known as the wall in facebook.
Through the introduction of a new feature termed as the news feeds, an individual is able to see every action taken by their friends. This may include every new friend they added, comments posted to other friends, changes in relationship status, the groups formed and joined, videos and pictures shared and posted. From this a person can easily make a follow up on every event that their friends make on the site and these denies a person rights to their private life. It becomes catalyst that breaks up marriages like this one. The woman in this case had all the facts to accuse the husband of his infidelity. Many relationships have been broken through the invasion of facebook. In some severe cases, it is not only the break ups that are the threat it is clear now that a person life can also be at risk due to the information freely given by members on facebook.
The management on the other hand has tried to ensure that information is not let out to every person. This is by giving the user the privacy settings tools. As a sharing site the user is given some options to decide whom to share with and what to share with members in the friend list. One of the key elements is the sharing setting on facebook where an individual is given the option of who can read their posted updates, view their pictures albums and watch videos, birthday dates and contact information can also be made private but evident to a group of friends.
Another privacy setting is the block list where the user is let to restrict certain friends from interacting or seeing the information of a person on the site. The use of the inbox to send messages is also a private place where information sent is private and cannot be visible to the other members. On the case of the marriage that was broken the man, if only he could had been keen and used the inbox to communicate he could had a better chance to save his marriage. Instead they both chose to ignore and this led to the breaking up of their relationship.
Despite all this efforts, facebook cannot guarantee a person’s privacy as the basic directory information is open to everyone. The name of a person, profile picture, and gender are public. This is argued that it enables friends who has lost contact with other people can easily point them out through the search engine. Networks are also visible to everyone to see in order for the other friends to find out who belong to which network. Hometown and a person’s interest are among the mandatory information that is left visible to any members whom have not even been added to a person’s group of friends. These are also for the easy access with other people an individual has things in common with to get connected.
Another aspect that is fundamental fact that poses a threat to the privacy of an individual is the fact that in facebook a person can pose to be someone they are not. This is by giving false information and going a head to post fiction information. Some goes to extend of putting fake pictures on their profile. An individual can get into a relationship with such a person by adding the disguised member as a friend who turns out to be a person interested in acquiring private information. This can go a head to pose other dangers to the individual in cases where a malicious person can stalk and threaten the life of another member who happened to have met on facebook site.
Facebook can also be anonymous, in most cases the user never gets to meet, see, and touch the other friends they communicate with. This gives a person who is posting intimate information on the site the benefit of their privacy. From my survey I have come to realize that facebook to others is like a fantasy world where people are free to be what they want to be without being accountable with the actions and information they share. People create false updates and other information without a second thought as no one is responsible to the other.
In conclusion, facebook is a very interesting and socially accepted networking site. It is the fasted channel of communication where through search engines a person is guaranteed to meet old friends and make new friends. Relationships are easily natured even with strangers and people in long distance relationship. Groups with a worthy cause are formed to share experiences and ideas. The privacy of the members is what the management is agued to look into through the establishment of proper privacy settings. A lot should be done to give the members the comfort that whatever action they take is left private to other members. The fact that a person may want to join a certain group, comment or even write on other people’s wall and all this remains private should be made possible.
Human Resource Analytics
Human Resource Analytics
Aunesha Williams
FA2018 – MHRM 544 OA: Contemporary HRM Issues (Online)
Week 5 Review Paper
22/11/2017
Human resource analytics is where analytics processes are applied to an organization by the human resource department with the aim of improving both the employee and organization performance. The use of analytics data helps to solve problems in the organization by understanding the employees better. In this paper, I will talk about some of the valuable analytics and how they relate to optimizing organization and individual performance. According to me, I find the following as the best HR analytics, leadership analytics, employee performance analytics, corporate culture analytics, and employee churn analytics.
Starting with leadership analytics, it is always a challenging task to maintain good leadership by organizations. Through leadership analytics, one can identify various ways of having the best leadership performance where data from the field helps to identify good and bad practices. Through interviews with employees, survey and data from focus groups the top management and the human resource department can gather information about leadership performance.
Leadership analytics identifies the good and bad leadership practices in an organization from data obtained. Through the data, the human resource department is then able to correct where possible to ensure the best leadership practices. Leadership analytics plays a role in optimizing both employee and organization’s performance. Having a good leadership that motivates employees to perform better impacts positive performance thus the organization will grow (Kurtessis, J. N., Eisenberger, R., Ford, M. T., Buffardi, L. C., Stewart, K. A., & Adis, C. S. 2017). Poor leadership, on the other hand, is costly where employees can emulate bad practices which in turn they will not be productive to the organization. It is advisable for leaders always to take surveys to help obtain data the will help a business to fulfill its aims.
Employee performance analytics seeks to explain the output of human resource. Therefore, individual strengths and weaknesses can be identified and hence the strengths are rightfully rewarded while the weaknesses are offered training order to up their game. The measurement of employee performance through non-conventional methods ensures employee morale is boosted and thus motivating them to achieve even higher targets that lead to optimal performance as well as the optimal performance by the employee (Sharma, A., & Sharma, T. 2017. Use of employee performance analytics improves the quality of employees absorbed into the organization. Analytics helps it to give priority to the most qualified candidates and ensuring the HR obtain most competent talents in the market. Employees that are high performing are appraised while those that may be underperforming are offered training instead of being fired. This, in turn, leads to higher employee retention ratios rather than turnover. The performance of both the human resource and the entity is optimized.
Corporate culture analytics involves an assessment of the different types of ways of life that exist within the organization. Organization culture should be a set of shared beliefs and practices within an entity. The corporate culture should be consistent with that of all stakeholders especially the employees. Data can be obtained by analyzing customer service conversations. Corporate culture has several effects on employees’ organizational performance. It helps employees understand the past, present, and future of the organization and thus know what is expected of them concerning behavior. When corporate culture is shared that is acceptable to employees, they work towards achieving the objectives of the organization. Corporate culture also forms a framework for control in that it regulates employees such that even in the recruitment process only candidates with similar culture are hired plus it curbs bad behavior (Kumar, A., & Möller, K. 2018). Finally, certain organizational cultures may be deemed to yield better performance than others. From the above, it is evident that corporate culture has an effect on both employees and the organization thus need to be maintained.
The last on is Recruitment channel analytics which involves of doing a background check of where your employees were previously employed and which are the best effective recruitment ways to use. Also assessing the qualifications and skills is part of talent management. This will involve checking the historical value of employees and the output capability of each employee. Given that human resource is the most useful asset in an organization there’s need for improved recruitment process and retention in addition to employee engagement (Jøranli, I. 2018). This, in turn, leads to operational and financial optimization in an organization. Talent management, therefore, requires that there is top level commitment; congruence between the strategic goals of an entity and the talent management.
From the above four analytics, we can say analytics play a major role in human resource and boosting the company’s productivity by optimizing the employees. Relating to the above work where we can say that obtaining data is the key factor in analytics and without data from the field or inside the organization then it is difficult to determine best practices. Generally, HR analytics, make the management to understand business operations and through this, they can plan on how to optimize the talents to improve the organizations’ performance in return. Also, the data improves business processes and functions where from the reviews the HR can be able to correct bad practices and have good practices implemented. In the trending world, many organizations use HR analytics to hire, recruit and retain their employees by giving them the right requirements.
Generally, the analytics data plays a key role when it comes to decision making by the human resource department and the top management, and their decisions are shaped by the data. In conclusion, HR analytics is very important, and all company should carry out this exercise since most of the analytics benefit both the organization and the employee. There is a widespread adaptation of HR analytics, and about 77% of companies in the U.S carry out analytics. The innovative changes in analytics and technological advancement where the survey can be done online makes it interesting to be part of the human resource management.
References
Jøranli, I. (2018). Managing organisational knowledge through recruitment: Searching and selecting embodied competencies. Journal of knowledge management, 22(1), 183-200.
Kumar, A., & Möller, K. (2018). Extending the Boundaries of Corporate Branding: An Exploratory Study of the Influence of Brand Familiarity in Recruitment Practices Through Social Media by B2B Firms. Corporate Reputation Review, 21(3), 101-114.
Kurtessis, J. N., Eisenberger, R., Ford, M. T., Buffardi, L. C., Stewart, K. A., & Adis, C. S. (2017). Perceived organizational support: A meta-analytic evaluation of organizational support theory. Journal of Management, 43(6), 1854-1884.
Ramdhani, A., Ramdhani, M. A., & Ainissyifa, H. (2017). Conceptual Framework of Corporate Culture Influenced on Employees Commitment to Organization. International Business Management, 11(3), 826-830.
Sharma, A., & Sharma, T. (2017). HR analytics and performance appraisal system: A conceptual framework for employee performance improvement. Management Research Review, 40(6), 684-697.
Facebook IPO
Facebook IPO
Reasons for Facebook IPO
Facebook engaged the public in an IPO in order to raise funds to continue its business presence amid competition from other technology intensive products in the market today. Borrowing from the success of other businesses in the market today, an organization will find it economically wise to diversify its source of capital, with invitation of the public to own the organization making vital contribution in that respect. In a technology driven sector, competence and competitiveness of the organization continue to rely on investment in innovation (Investopedia para.2). Facebook is awake to the fact that the magnitude of competitiveness and continued market exploitation requires astronomical funding. Spreading the cost and associated risks among many owners in an IPO makes it easy to raise capital for development and expansion as well as lower risk levels.
Regarding the exact capital needs that Facebook might have on its implementation list may prove a speculative matter for now. However, based on the operations environment at the disposal of the corporation, it is possible to identify possible investment needs that Facebook would find immediately necessary to remain competitive. Among the most specific capital needs, on why Facebook needed to upgrade its capital sources from private to more public sources includes an upscale of its computer equipment to enable hosting of an increasing numbers of customers. Using the trend of users’ growth over the past few years backed by a growing market niche tremendously tapping from corporate marketing revenues and customer driven demand makes Facebook among the most powerful social media tools. Market studies and research on Facebook experiences a dramatic link with social media and Facebook gains a huge proportion of its revenues from such marketing charges, which justifies expansion of the opportunity (Investopedia para.4).
Alternatively, such expansion demands will require an upgrade from its current labor force to sustain its functionalities and further provide innovative products to keep with the pace of the rest of technology products to remain competitive. Operations growth at the company must translate into significant staffing needs and indications from CNET believe that a workforce of about 9600 will be needed in the next several months. In addition to the mentioned expansion needs, diversification of revenue generating functionalities of the social site will also require significant funding, to keep up with other internet service trends popular among users such as video, music, applications and product sales. Perhaps in the future, Facebook will consider making acquisitions in order to expand through relevant ventures, to enable diversification and constant growth.
Financial Status
Before the IPO, Facebook’s overall ownership structure comprised of 1.96 billion shares worth of US$66.6 billion. Among the main owners before the IPO included Mark Zuckerbeg owning 27.3 per cent of the shares valued at US$18.2 billion, Accel Partners with 10.3 per cent valued at US$6.9 billion and Dustin Moskovitz owing US$4.5 billion worth of shares equal to 6.8 per cent. DST Global owned 6.7 per cent worth US$4.5 and other Investors having 48.9 per cent valued at US$32.6 billion. The arrangement to have the IPO implied that each of these classes of owners would part with a certain proportion of their ownership for the public to buy. The existing shareholders sold shares worth US$5.4 billion and an additional pool of shares worth US$6.1 billion was created to amount to US$11.5 billion sought from the public in an IPO. The valuation of each share at US$38 IPO price explains the capital generation targets and capacity of the IPO. Apparently, the disposal of the shares by the existing investors must have generated a shift in ownership to pave way for public ownership. However, ownership patterns did not change significantly after the IPO, with considerable ownership remaining among the initial owners. The main ownership remained at Other Investors (41.6 per cent), Zuckerberg (23.6 per cent), Accel Partners (7.6 per cent), Moskovitz (6.3 per cent) and DST Global (4.9 per cent). IPO quoted price shot up immediately to $42 on the initial stages but later dropped significantly below the IPO, raising speculation on the actual valuation of the company’s shares (Kissmetrics 1).
Timing and Success of IPO
The most appropriate timing for an IPO should ordinarily be at a time when the company is likely to achieve in attracting public interest. In view of the appropriateness of the timing of the Facebook IPO, it was perhaps the best timing to achieve the targets set forward before the IPO. In terms of the immediate financial achievements at Facebook, taking advantage of the public confidence existing at that time would only enable such outcomes for the company. Apart from the share valuation hitches as the market tries to adjust and stabilize in the market, the actual capital targets expected justified the timing as appropriate due to a full subscription recorded (Hutchinson para.1). In terms of revenues, Facebook managed to make a dramatic rise from US$777 million in 2009 to over US$3.7 billion in three years. In the same period, profits rose from US$229 million to US$1 billion, with the last trading period alone recording a 65 per cent growth. Comparing the need to target opportunities in market diversification and innovativeness, an IPO at that stage seemed the most promising alternative to raise revenue for further development.
The success measure for the IPO extends far beyond the immediate reaction of the market in share valuation, to include future projections and the prior targets set for the IPO. In terms of Facebook’s IPO, the value of the activity fell back to the company as opposed to many failed IPOs where bankers and brokers make money at the expense of the seller. According to Roth (para.2), reports indicate that bankers participated in the purchase of the stock, sending signals of their faith in the US$38 valuation. Full subscription also enabled the company to realize its targets, whether set higher or not did not appear to trouble the market. The actual fluctuation from real value is minimal indicating that Facebook was correct to value its IPO and avoid sending money in the wrong direction other than its kitty (Worstall para.3).
Works Cited
Roth, Allan. “Why Facebook’s IPO was a Success.” Web. 21 May, 2012. (www.cbsnews.com/m/8301-505123_162-57437964/why-facebook-ipo -was-a-success/)
Investopedia. “Why Facebook Needs More Cash.” Web. 22 May, 2012. ( HYPERLINK “http://www.forbes.com/sites/investopedia/2012/05/22/why-facebook-needs-more-cash/” www.forbes.com/sites/investopedia/2012/05/22/why-facebook-needs-more-cash/)
Hutchinson, Dave. “The Facebook IPO.” Web. n.d. ( HYPERLINK “http://www.davecfp.com/Invest/FACEBOOK%20IPO.pdf” http://www.davecfp.com/Invest/FACEBOOK%20IPO.pdf)
Kissmetrics. “Facebook: Dissecting the Numbers.” Web. May 2012. ( HYPERLINK “http://blog.kissmetrics.com/wp-content/uploads/2012/05/facebook-ipo.pdf” http://blog.kissmetrics.com/wp-content/uploads/2012/05/facebook-ipo.pdf)
Worstall, Tim. “The Incredible Success of the Facebook IPO,” Web. 30 May, 2012. ( HYPERLINK “http://www.forbes.com/sites/timworstall/2012/05/30/the-incredible-success-of-the-facebook-ipo/” http://www.forbes.com/sites/timworstall/2012/05/30/the-incredible-success-of-the-facebook-ipo/)