This culminated to extremely high debt ratios for this nation. Nonetheless, the government needs reforms in the public sector to curb the current problems it is facing. Reforms have been adopted in the various sectors and progress being followed by major bodies like the World Bank and UN Human Development. The allocation and use of resources in this nation shows a huge gap as compared to large nations. Russian being one of them has had adoption of better allocation of resources and aiding institutions develop performance indicators and institutionalize these in budget formulation (Diamond & IMF, 2005, 22). This exacerbates the dire need for evaluating value for money in government spending and finding insights in to areas that the VFM code is lacking and should be integrated. Analysis of the interview 1. VFM processes that are in use and how can they be enhanced through the adoption of a more integrated VFM based approach 67% of the respondents have outlined VFM practices in Education sector. However, there is need to have monitoring unit and review process. 33% of the respondent stated that VFM and performance budgeting will be introduced in 2015. 33% of the interviewee have expressed that VFM is in use in the Auditor’s general office in Seychelles. The reduced number of staff however, is hindering the optimal function of this department. 2. VFM be integration into decision making and resource allocation cycles A SMART analysis is recommended by 33% of the respondent to be used in introducing performance budgets in the budget process. 100% of the respondents state that there is need to have a public monitoring unit or a reviewing body to review budget spending. 33% state that a specific department should be set aside for this purpose only. 3. Feasibility and desirability of the VFM model adaptation in Seychelles 100% response indicate that the integration of this model is a costly agenda but with time it will be fully inducted i.e. 2015. The need for a VFM code is highly vital as expressed by 100% of the respondents. 4. Challenges likely to be encountered and the scope for changes in this direction Ineffective monitoring and implementation unit Lack of good administration in analysis projects Cultural impact – acceptance and gradual change Funding for Research and implementation of the Model in full Bulk budget allocation 100% indicate that there is need to do thorough research in countries that have integrated VFM successfully. There will be gradual implementation of the model by 2015. 5. Form of an integrated VFM code for Seychelles The modest methods recommended are Cost benefit analysis; the 3e’s analysis and the trend analysis deferred form the confidence levels. However, the respondents do not have a clear method to be used. However, there are insights into doing research work in countries that have implemented VFM models successfully. Enhancing levels of engagement with performance data policy Definition of Value for Money Code Value for money’ is a term that is used to show an explicit commitment to enabling the best results possible are achieved from the money spent. In the UK Government, VFM has been used to depict a concern for more transparency and accountability in spending
Enhancing levels of engagement with performance data in the allocation and use of resources in Seychelles-Would an integrated VFM code be a useful initiative in moving down this path? Name: Institution: Instructor: Subject: Date: Integrated Value for Money Processes Introduction Seychelles is categorized as a small country with its population lower than two million…
The study is descriptive in nature and would be based on case studies. Data would be collected partly from legit documentations and partly from observations. The study is expected to take a total of about four months, following proposal’s approval.
The research aims at understanding and analysing the allocation issues in health care in the context of the United Kingdom health care industry and environment. For decades, problem pertaining to the equal distribution of health care resources have been the source of discussion in various health care industries.
oup in relation to Africa, Middle East and Europe 3 Figure 1.2: Map of Seychelles 4 Figure 1.4.1: Profits, Liquidity and Capital Adequacy of Banks in Seychelles vis-a-vis Other Economies 21 List of Tables Table 1.5.1: A Full List of Stakeholders for the Research 24 Acknowledgements Declaration of Originality DOCTORAL DISSERTATION SUBMISSION FORM Student’s family name: First names: Student ID No: Course: Supervisor: Dissertation Title: Exploring the Opportunities and Challenges of Developing Islamic Financial Services in Seychelles Declaration I certify that this dissertation is my own work.
Part 1 – Project objectives and overall research approach 3
1.1 Reasons for Topic Area and Choosing Particular Organization 4
1.2 Project Objectives and Research Questions 5
1.3 Overall Research Approach 5
Table of Contents
Part 1 – Project objectives and overall research approach 3
This has proven to be a challenge, since employee engagement is by nature subjective and intangible, making it at first impression impervious to outright quantification. Yet articles from professional and academic journals have presented narratives about organizations which have successfully made use of employee engagement indices to aid managers in their decisions making that ultimately improved their companies’ performance.
2. Why the particular problem/issue or topic was chosen The above topic was chosen because of the following reasons: a) the specific problem is rather common in firms operating in various industries; in fact, in many cases, employees seem unwilling to participate in such initiatives, a trend which should be appropriately evaluated in order to prevent potential turbulences within the organizations involved, b) in Lloyds TSB significant efforts are made for the update of the firm’s existing strategies – aiming to stabilize the organizational performance; the avoidance of employees to participate in the particular survey indicates low job satisfaction or lack of effective communication acro
However, the same has also led to a simultaneous rise in data crimes, and identity thefts have increased manifold. The ‘playing field’ for criminals has also widened, opening up newer avenues for committing virtual crimes; thus replacing unpleasant physical encounters with cyber crimes (Yusuf 2003).
Accessing bank data crime through the use of various information technology in Saudi law Introduction & Purpose: The past several decades have witnessed a series of technological innovations, which are now used widely across all sectors. Gadgets and electronic equipments such as cell phones and computers, have now acquired greater power especially with the advent of internet, thus broadening the alternatives available at the disposal of the consumers.
Other factors such as the debt of the country and the general economic growth of the country measured by way of the gross domestic product are all instrumental in the measurement. The literature reviewed and the responses that were fetched from the research instrument, which was an interview point to one clear conclusion on the present monetary and economic management of Seychelles.
Without their kindness and love I would not have been in the position where I am today. Moreover, I would also like to acknowledge the efforts and help of my professor and friends who were always there to guide me while conducting this research. Abstract Whether employees’ engagement has something to do with the performance level of employees?
44 pages (11000 words)Dissertation
Get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Apply my DISCOUNT
Got a tricky question? Receive an answer from students like you!Try us!
Didn't find an essay?
Contact us via Live Chat, call us at +16312120006or send an email to email@example.com