The Continuum from Legitimacy to Fraud Research Paper

The Continuum from Legitimacy to Fraud - Research Paper Example Thus, the framework will only be used to the extent of four components of earnings management namely paper earnings management (PEM), real earnings management (REM), paper earnings fraud (PEF), and real earnings fraud (REF). PEM and REM relate to earnings management practices that comply with accounting standards and corporate laws in place while REF and PEF are earnings management practices that violate the standards and laws in place. Earnings Management Measurement The type of data used in this study shall be secondary data collected from the DataStream database. Such data is usually found from the financial statements of listed companies and therefore deemed reliable. Therefore, the issues of data reliability and validity for the present study shall not arise as no tools shall be developed for the collection of primary data. A number of approaches have been used by researchers to measure earnings management (Prior, Surroca and Tribo, 2007). According to McNicols (2000), three app roaches have been commonly used. These are: specific accruals, distribution of earnings, and total accruals. The present study will employ the total accruals approach which consists of both discretionary accruals and non-discretionary accruals (Dechow et al. 1995). Prior studies presented two approaches for measuring totals accruals. For instance, Kothari (2005) uses the balance sheet method while Jaggi et al. (2009) use the cash flow approach. Following Jones (1991) and Dechow et al. (1995), the current or total accruals can be defined using the balance sheet method as: TACt = ?CAt - ?Cash-?CLT + ?DCL – DEPt Where:?CAt = This denotes change in current assets in year t ? Cash = This is a change in cash and cash equivalents in year t?CLT = This is a change in current liabilities in year t?DCL = This means a change in debt included in current liabilities in year t. DEPt = This is depreciation and amortization expense in year t Collins and Hriber (2002) noted that the cash flow approach was a superior method than the balance sheet approach especially for companies experiencing mergers and acquisitions. Sun and Rath (2009) argued that the discretionary accrual approach is potentially ill-specified. This study therefore uses the cash flow estimation approach. Under the cash flow method, total accruals are estimated as follows: TAC t = Income t – Cash Flow t Where: Income = Earnings before extraordinary and abnormal items in year t Cash Flow t = Operating cash flow in year t Prior et al., (2007) noted that earnings management is estimated through discretionary accruals (DA) which are computed by â€Å"detracting the expected or non-discretionary accruals (NDA) from the total accruals (TA)† (p. 34). The DA and NDA can be estimated using the Kothari et al (2005) model. The model is different from the modified Jones model proposed by Dechow et al. (1995), and includes a non-deflated term that captures performance (ROA). Consistent with most empiric al studies in earnings management, the present study will adopt the modified Jones model. The argument for the adoption of this model is best described by Alghamdi (2012) as follows: â€Å"The argument of this study is that management may engage in earnings management via discretionary revenues by timing the recording of these revenues, such as recording them at the year-end when the cash has not yet been collected.  

Steps to Writing a Grant Proposal Essay Example for Free

Steps to Writing a Grant Proposal Essay For all organizations funding can be an issue. Depending if the organization is for profit, they depend on loans and revenue to support them, building inventory, and expanding. While non-profits depend on grants and donations to keep their organizations running. The most important with non-profits is writing grant proposals to keep the financial aspects of the organization intact. Human services need to take great care in who is responsible of writing grant proposals for their organization. The important steps that must be followed in writing the grant proposal after finding the appropriate request for proposal or application is to write an abstract for the proposal, which would include a summary of the proposal with the agency name, type, purpose and objectives, interventions, target population, location, and relevance of the proposed program to the funding intentions (Terao Yuen, 2003). The next phase of the proposal would be the table of contents, which is a guide of the contents covered and their location within the proposal. Other important parts of the written proposal should be included within this proposal are the plans, background and significance, and needs and problem statement. Not only are these important they define the needs of the targeted population, demographics, the current state of affairs, and what will be needed to ease the problem. Discussing the barriers to service helps the funders decide if the goals meet their stated goals; these include accessibility, availability, awareness, appropriateness, and acculturation (Terao Yuen, 2003). While it may seem that not all programs have all of these issues, most do in one way or another. Literature review helps to support the proposal request by identifying previous program results, data about the target population, and studies which are related to the issues. Stating who the target population is for a program is very important for consideration by donors; they need to know who will be served, why they are currently underserved, and why they need to be served. Age, race, at-risk status, economic status, gender status, or other urgent needs are all aspects of target populations which should be addressed; as well as others, as appropriate. The approaches and  methods section of the proposal tells the donor how you intend to address the problem as identified in other sections. Showing what your plan is, how you intend to intervene in the existing problem or situation, and how your program is unique to the current solutions which others are using. In effect, it is a summary of how your plan will work to â€Å"fix† the problem which presents itself in the target population. The vision of a program is the ideal of what the situation will become if the mission, goals, and objectives come to be reality. Vision may seem to be a rosy view of what could be; mission, goals, and objectives lay out the plan that the organization will use to get as close to the vision as possible. The activities of intervention or service and the definition of the desired outcome help the reader to understand what your agency intends to do and how they plan on doing it. The next step is closely related to vision, mission, goals, and objectives; the evaluation plan shows the continuous ways that an organization can judge whether it is meeting the needs of the target population. The agency evaluation step is probably one of the most important aspects of a grant proposal; donors want to know how you will measure if your program is successful or failing in its mission. The agency capacity and project management section of the proposal show the previous record of an organization; how well it has measured up on past programs, how well it managed past grants, and recommendations from other donors or people who sit in the public eye. The project management aspects address staffing, their responsibilities, the organizational structure, and how this program is related to past projects. The budget and budget justifications stage of proposal writing shows how the money requested will be spent and why it should be spent the way the detailed budget has projected. Items like the percentage to be spent on general expenses, salaries, staffing, and travel are all important to funders; if the largest percent of administrative salaries exist, the funder may require money be spent on other purposes. The other sources and amounts of funding which have been committed should be disclosed in this section of the proposal. An ending summary which pulls together the plan, the desired outcomes related to mission, goals and objectives, the budgetary definitions, and how all interventions will best serve the clients involved in a situation where urgent or unique need has made the program important. Grant writing is a skill that will be developed  with greater expertise through practice and experiences with funders. Great care should be taken to properly apply for grants related to specific programs and projects; otherwise, future submittals may be discounted because an agency has previously ignored the requirements of Requests for Proposals. Wasting the time of reviewers does not bode well for future applications. Being aware, attentive, and addressing accurately the requirements of those grants which relate to their programs will save the time and energy of grant writers which would be better served by applying for other appropriate grants. Section Two: Santa Rosa Philharmonic Youth Symphony Needs and Problem Statement Students in the Santa Rosa area who attend elementary and middle schools have recently lost opportunities to learn, appreciate, and gain practical knowledge of music due to budget cuts. They must wait to participate in music programs until high school or college; by then many have lost interest unless they have been taught privately. Few families can afford to sponsor private lessons for their children in this area. If there are not extracurricular activities available for students, they will find other avenues to fill their spare time; law enforcement, parents, educators, and social service professionals are concerned that gang activity, drug abuse, loitering, and other negative influences on a young person’s life may increase since there are less planned, positive, growth-related activities. When a survey was taken of community members and leaders, they were concerned that the lack of essential music programs would set students behind others who attend school in districts which still support music and fine arts and another concern is without access to formal music programs, the youth of Santa Rosa will lose their appreciation, enjoyment, and participation in music programs. Since the costs associated with private lessons are beyond the reach of most families, they recommend development of a project which educates students and supports music education, appreciation, and leadership training. There is a program in existence, The Santa Rosa Philharmonic Youth Symphony (SRPYS), which addresses all of these issues. Their mission, goals, and objectives will help to absorb students which have been excluded from musical experiences, but additional funding  will be required to continue and expand the program. While not all students will be talented enough to perform in the major Philharmonic events, some will gain entry to the Symphony proper through auditions which are held each June. Those who are not chosen will still be able to participate in education and appreciation programs; thus, keeping them interested and exposed to different types of music while also aspiring to be accepted to the Symphony through practice and individual learning opportunities. References Terao, K., Terao, K.L. Yuen (2003). Practical Grant Writing and Program Evaluation. Brooks and Cole/Cengage Learning, Florence, KY.

The British Empire East India Company Trade History Essay

The British Empire East India Company Trade History Essay This is a story of trade and exploration of ambition and foresight, silk and spice, tea and cricket, timber and gunpowder, cities and ports. It is the story of how a band of traders created a company that far exceeded the sum of their ambitions, uniting distant markets, bringing people together, building and sustaining an empire. It all starts in 1600. The concept of corporations was first established under ancient Roman law (source:  University of Virginia). It all began on 31st December 1600, when Queen Elizabeth I  granted a charter to the British East India Corporation, naming the corporation The Governor and Company of Merchants of  London, trading with the East Indies. Ships belonging to The Company dock at Surat and in the next two years establishes its first factory as trading posts were called, in the town of Machilipatnam of the Coromandel Coast f The Bay of Bengal. Landing in India gave the company access to spices not controlled by Dutch traders. Sir Thomas Roe was instructed by James 1 to arrange a commercial treaty with Emperor Nurudin Salim Jahangir. This gave The Company exclusive right to reside and build factories around Surat in exchange for rare commodities from Europe. This provided a secure base for operations to wage trade wars with Portuguese and Dutch governments and merchants. The major factories became the walled forts of Fort William in Calcutta (now Kolkata). Fort St George in Madras (now Chennai) and Bombay (now Mumbai) castle, which developed into the great Indian Cities of today. In 1667 London weavers attack on East India House, weavers, dyers and linen drapers in England protest that imports of Indian cloth are threatening their own industries. Initially, The Company responds by re-exporting Asian textiles to other countries in Europe. But market forces soon overshadow the cries of protesters, and Asian textiles continue to be hugely popular in England throughout the 18th century. The French and British East India Companies and their respective Indian allies were at war with each other. The East India Company led by Robert Clive defeat the Feench ally, Siraj Ud Daulah, at the battle of Plassey ending the rule of the last independent Nawab of Bengal. This is judged to be one of the pivotal events leading to the formation of the British Empire in South Asia. The resulting central administration and governance starts a process that leads eventually to the formation of unfiled India. In 1784 The East India Company had grown into a powerful political and trading organisation, rivalling that of the British Government, in effect ruling many of The British Empires territories. In political matters The East India Company was subordinated to the British government directly. The process was slow and required subsequent parliamentary acts to allow The British Government to fully separate the Companys political control from its commercial activities. In 1813 The Charter Act asserted the sovereignty of the British Crown over the Indian territories held by The Company. It renewed the Charter of The Company for a future twenty years but ended its Indian trade monopoly except for trade in tea. At this point The East India Company was forced to open India to missionaries, who had previously been banned. In 1848 Robert Fortune, a botanist was hired by The Company to obtain the finest tea plants from China to establish plantations in India. He disguised himself as Chinese from a distant province, hired an interpreter, a precaution as the Chinese were extremely protective of their virtual monopoly on tea production. His efforts resulted in the shipment of 20,000 plants to the Himalayas, establishing Darjeeling as one of the finest tea producing regions in the world, and India as the dominant world tea producer it is today. By the time of The Acts passing, The Company had been effectively dissolved anyway, as The Crown assumed all governmental responsibilities held by The Company by The Act for the Better Government of India. The Companys military force was incorporated into the British Army, leaving it with only a shadow of the power it had wielded years earlier. Queen Victoria was the ruling monarch at the time, and thanks to her new authority over India, became the first monarch to use the title Empress of India. It accomplished a work such as in the whole history of the human race no other company ever attempted and such is likely to attempt in the years to come.

Applying the Nursing Code of Ethics to Patient Care Essay -- Nursing P

Nurses have the greatest potential for improving a patient’s well-being. As a profession, nurses need to promote the core values and code of Ethics amongst them. Nurse practitioners are required to understand and practice the specific knowledge and skills of core values such as nurse caring, advocacy, holism and professionalism to assist the patients in their critical condition (Volp 2007a). This essay will discuss the core values of responsible nursing practice and code of ethics in relation to the young patient who is suffering from paraplegia. Paternalism A policy or practice of treating people patients in a fatherly manner, especially by providing for their needs without giving them responsibilities. Paternalistic practices, wherein providers confer a treatment or service upon a person or persons without their consent, ostensibly by reason of their limited autonomy or diminished capacity, are widespread in healthcare and in societies around the world. Numerous issues surround paternalistic practices (Cody WK). So doctors and nurses make decision about the treatment of patients or their clients, but it is against the patient’s choices or thoughts, according to doctors and nurses, it is beneficial for the patient (Jones). On the other hand, when patient take autonomous decision then they will get some self-harm, so, conflict arises between the nurses those are on duty of the patient care and the patient’s right to autonomy. Frequently, nurses and other medical staff used the paternalistic action to resolve the problem (Jo nes). According to the Jones (p.379) suggested that, paternalism and autonomy as two inversely varying parameters along a spectrum of independence’. Moreover, nurses and doctors created an imbalance between... ...ier, item: AN 11355240. Johnstone, M 2005, ‘Ethics and Professional practice’, in J Crisp & Taylor (eds.), Potter and Perry’s Fundamentals of Nursing, Melbourne, Australia. Lane, P, O’Brien, U, Gooney, MA & Reid, T 2005, ‘The progression of holism into postgraduate curricula in critical care nursing’, Dimensions of critical care nursing, vol. 24, no. 3, pp. 131-138, viewed 6 May 2011, EBSCOhost database Academic Search Premier, item: AN 17099480. Moore C 2008, ‘A caring nurse’, Bella Online: The Voice of Women, viewed 1 March 2011, http://www.bellaonline.com/articles/art43027.asp Rowe, J 2005, ‘Nursing: the art of caring’, in J Crisp & Taylor (eds.), Potter and Perry’s Fundamentals of Nursing, Brisbane, Australia. Taylor, C 2005, ‘Managing Client Care’ in J Crisp & C Taylor (eds.), Potter and Perry’s Fundamentals of Nursing, Melbourne, Australia.

John Locke ideas Essay

How did ideas of Locke’s Social Contract influence the Declaration of Independence? John Locke’s ideas influenced the writing of the Declaration of Independence by the discussion of equal rights, purpose of the government, and what the people should do to an abusive government. Both in the Declaration of Independence and in the Social Contract John Locke, they list that men should have equal rights. Also they both state the purpose of having a government. Lastly, they say what the people should do if the government does not protect these rights. In the Social Contract by John Locke and in the Declaration of Independence they state that men have rights. In the Social Contract it says â€Å"Men have rights by their nature†¦ We give up our right to ourselves exact [revenge] for crimes in return for [nonjudgmental] justice backed by overwhelming force. We retain the right to life and liberty, and gain the right to just, impartial protection of our property. † Just as in the Declaration of Independence it says â€Å"We hold these truths to be [obvious], that all men are created equal, that they are [entitled] by their Creator with certain [mandatory] Rights, that among these Life, Liberty, and the pursuit of Happiness. † Therefore the Declaration of Independence got the idea Life, Liberty, and pursuit happiness from the Social Contract. Another idea both the Social Contract and Declaration of Independence have in common is the purpose of the government. John Locke’s Social Contracts States â€Å". Society creates order and grants the state its [purpose]†¦ The only role of the state is to ensure that justice is seen to be done† Corresponding to what the Declaration of Independence states â€Å"That to [protect] these rights, Government are [created] [by] Men, [coming] [from] their [own] powers from the [permission] of the [people]. † These writings both mean that the government has a duty to protect the rights of the people. The last thing John Locke did to influence the Declaration of Independence is he created the idea of what the citizens should do to abusive governments. â€Å"If a ruler seeks absolute power, if the acts both as judge and participant in disputes, he puts himself in a state of ear with his subjects and we have the right and the duty to kill such rulers and their servants. † this was the idea in John Locke’s Social Contract. This is very similar to what the Declaration of Independence, which says â€Å"That whenever any Form of government becomes destructive of these [rights], it is the Right of the People to [change] or to [get] [rid] [of] [it], and to [create] [a] new Government†. Both of these mean that if the government does not protect the rights of the people, the people can overthrow the government. How did ideas of Locke’s Social Contract influence the Declaration of Independence? John Locke’s ideas influenced the writing of the Declaration of Independence by the discussion of equal rights, purpose of the government, and what the people should do to an abusive government Men have equal rights is both stated in John Locke’s Social Contract and in the Declaration of Independence. Also they share the purpose of what the government should do. Lastly, they share the responsibilities of what the people should do in a abusive government.

Self-Driving Trucks Who’s in the Driver’s Seat

Self-Driving Trucks Who’s in the Driver’s Seat It’s a trucker’s worst nightmare- trucks that drive themselves! Getting nervous? Step on the brakes- although there may be a future where all trucks drive themselves and truckers aren’t needed, that future is not quite here yet. TruckersReport.com cuts through the noise and media hype, and sheds some light on the nation’s first self-driving truck, which has just hit the highway. Inspiration, the futuristic new truck imagined by Daimler Trucks North America, is a technological marvel, but it’s not quite ready to face the open road without a capable, qualified trucker in the cab. It has earned a Level 3 (Limited Self-Driving Automation) rating by the National Highway Traffic Safety Administration, which means that a certified driver must be behind the wheel at all times, even on stretches where it’s legally allowed to assume control of all safety-critical functions. In the event of an emergency, a human driver must be ready to assume control. T herefore, he or she must be road-ready at all times the vehicle is in operation!18What does this mean? Inspiration can only take control during clear, daytime driving on highways. In fact, it has built-in sensors that prevent it from going into auto-pilot mode during sub-optimal conditions- a neat built-in safety feature!So, should you be afraid that the era of the truck driver is rapidly coming to an end? Not anytime soon! Drivers will play an essential role in the shipping and hauling industry for the foreseeable future. Even if truckers were needed less behind the wheel, there are a wealth of other tasks they will be needed to perform, from loading and unloading freight to key administrative tasks, maintenance work, and more. Bottom line: spend less time worrying and more time being the best truck driver you can be!The Nation’s First Self-Driving Truck: Everything You Need To KnowRead More at www.thetruckersreport.com

Six Sigma ought to be a learning process. The WritePass Journal

Six Sigma ought to be a learning process. Introduction Six Sigma ought to be a learning process. ).   The Six Sigma approach links the (Gutià ©rrez, Bustinza and Molina 2012). This is an indication of the ability of the firm to take in new information and make it work within the existing infrastructure (Ibid). With a clear benefit related to the capacity to identify and adapt this element is a learning cornerstone (Ibid).   In order to balance this area of improvement Six Sigma identifies five fields that must be addressed including the define, or identification stage followed by the measurement phase to gauge the extent of the issue, then an analysis of the issue must be performed based on these initial components(Gygl et al 2005). This analysis will then be subject to improvement, alleviating the root cause, followed by the creation of new controls in order to better maintain integrity (Ibid).   Again, personal experience has demonstrated the value of progress built on the capacity to learn and adapt. The design or redesign phase is often more than a simply tweak to an existing system, commonly requiring a complete reconceptualization of the model (Harmon 2007).   Several fundamental business causes are credited with needing this step.   An organisation may simply choose to upgrade or completely reinstall a process in order to make progress (Gygl et al 2005).   Or, during an on-going improvement process, a discovery making a new process essential is made. Further, a company may see a long term advantage by offering an entirely new product or line, making this step essential (Ibid). There is a five step process to achieving this goal of design or process redesign. This process includes the Define, or identification of goals for the new process, Match, or the development of performance requirements, to Analyse or the analysis using the performance requirements created, Design and implement, refers the creation and subsequent implementation of the developed process followed by the Verify, or testing to make sure that the new process lives up to the specifications of the required research (Gygl et al 2005). This design stage of the Six Sigma process incorporates the lessons gained from each step by the company to create and then implement a complex goal (Macadam, Antony, Kumar and Hazlet 2012).   Yet, the lessons learned from the experience may differ with each team member, making future application difficult (Lifvergren et al 2012). With each application personal experience will impact application and can only be improved through additional experience.   With the creation of learning process for the team membership, the capacity for the team to achieve a successful resolution to the process is enhanced (Sony and Naik 2012).   Conversely, the overly complex nature of the Six Sigma method can lead to unnecessary delays in development and production (Macadam et al 2012). Personal experience during the implementation of Six Sigma illustrates the very complex methods required to generate the expected results. This overly complex approach has delayed project production by adding in sev eral elements to be considered that were time consuming to attend to.   The effort to add organisational learning to this aspect is difficult as the need to incorporate all of the diverse elements is hard to do. The Process Management section is required in the presence of the need for a fundamental change in the manner in which a business operates (Gygl et al 2005). Often credited with being the most challenging potion of the Six Sigma process, this entails a similar approach as did the first two sections. This process includes the defining stage, or the identifications of key requirements, the measuring of performance phase, the comparison of requirements and current production levels, the analysis stage is need in order to determine the best methods for process refinement and the controlling process performance stage in order to maintain the progress gained through the experience (Ibid). This step of the Six Sigma process allows for the company to identify their fundamental challenges, learn from the determined shortcomings and achieve success through implementation (Parast 2011). The step by step organisation of goals enables streamlined learning process that allows for a companywide learning component. Arumugam, Antony and Kumar (2013) illustrate their argument that Six Sigma enhances the learning process in order to produce better results. Incorporating the two organizational elements of Six Sigma resources, technical and the social or team safety factor, their research supports the argument that he Six Sigma project teams are a deliberate extension of the process and promote organizational learning (Ibid).   This study demonstrated that the project resources clearly impact the knowing-what and knowing how.   Additionally, the team psychological safety factor impacts the knowing how learning mechanism (Ibid).     The knowing how balances the influences of the knowing what on overall project success, a clear indication of learning. Lifvergren et al (2010) credits the Six Sigma learning process as creating a seventy five per cent success rate over the course of twenty two Six Sigma projects. In this case success is defined as the business increasing revenue and enhancing operations (Lifvergren et al 2010). Further, the lessons learned during this period, were then utilized to contribute to other developing projects adding to the fundamental value of the technique (Ibid).   Personal experience has taught that The Six Sigma method enables an atmosphere of targeted learning for the team members, which in turn allows for enhanced benefits. Organisational Theory and Six sigma’s contribution to the learning organisation Organisational theory describes the interaction between the activities of the business and the world (Jones 2010).   Organisations are formed around a group of people working together towards the same goal. Organisational learning is defined as the change in the organisations knowledge base as the entity accrues experience (Argote 2012). This involves both the area of declarative knowledge, or facts, and the procedural knowledge which encompasses the related skills and routines, the concept touches on every level of business. This suggests that as an organisation grows and operates it also learns (Ibid). Others argue that the process of gathering experience is not strictly confined to operational production, but can in fact be made of theoretical and secondary experience (Easterby-Smith and Lyles 2013). Organisational learning directly impacts the quality and performance of the company (Argote 2012).   This element has been argued to be a measureable indication of a companyâ€⠄¢s wellbeing (Ibid). The capacity to read the signs of the world around them enable these forms of company to ‘learn’ from the environment, and by doing so, is able to create a sustainable model.   Modern researches have determined that organisational learning within an organization may be measured either by assessing cognitions of the membership (Easterby-Smith and Lyles 2013).   Others argue that the behavioural approach is the better method of evaluation with research focus on the practice and routines of the membership and take note of how performance characteristics change (Pepper 2010). In both approaches, it is the membership that is evaluated as well as their response to the environment around them. Six Sigma contributes to the organisational learning process by laying out a clear set of guidelines, which can lead to a successful resolution (Aboelmaged 2010). With a wide array of both statistical tools and methods, the opportunity to become overly dependent on a single approach can diminish the results (Snee 2010). The wide range of available mechanisms adds depth and adaptability to the Six Sigma process (Pepper 2010). However, the converse argument describes this as an overly convoluted process that will only lead to a dearth of data which will in turn become a detriment to the application (Snee 2010).   Six Sigma contributes to the learning process by laying out the process clearly, this allows for a companywide approach that serves to utilize the wide range of experience innately available. How can six sigma be implemented into the organizational learning mechanism The Six Sigma process can be implemented through the management phase that provides support for the company (Nair, Malhotra and Ahire 2011).   The roles of executive leadership, or the CEO, the Champions or stewards of the Six Sigma implementation, Master Black Belts or in-house coaches and Black Belts as experts on specific elements provide a clear tool for Six Sigma to be implemented into the organisational learning mechanism (Ibid). Others cite these very same elements as being contrary to the organisational learning effort by making it overly complex (Nair et al 2011).   Further, the organisational learning effort can be hampered by a lack of qualified leaders, crippling the time frame (Livfergren et al 2010). This system offers advanced training and certification in Six Sigma components in order to alleviate this same issues as well as enhance the opportunities for positive organisational learning experiences (Basu and Wright 2012). Yet, personal experience has illustrated t he fact that many of these trained advisors are ill equipped for each unique Six Sigma application experience. The concept of organisational learning incorporates many of the same mechanisms that the Six Sigma uses (Basu et al 2012). For example the initial step within each of the Six Sigma basic processes consists of the identification and subsequent definition of the issue at hand in order to understand the limits (Ibid).   The organisational learning approach utilizes the concepts of experience and inquiry in order to bridge the conceptual gaps found in the business world (Easterby-Smith and Lyles, 2012). The compatibility of goals allows for a Six Sigma approach that closely correlates to the companies need to be progressive (Basu et al 2012). Further, the Measure and Analyse elements of the Six Sigma approach enable a clear benefit to the organisational learning efforts, as the company or issue at hand is scrutinized, measured and considered in detail (Glyn et al 2012).   However, personal experience has illustrated that this over attention to detail can create the opportunity for or ganisational learning that is hampered by the over exposure to diverse theories. The process of organisational learning is further supported by the Six Sigma’s elements of improve and control (Argote 2012). The recognition and resolution of the issue being researched leads to a more informed membership that will in turn provide improved performance.   Others argue that the increased scrutiny only adds to the member’s opportunity to fall prey to delay (Basu et al 2012).   In each case the Six Sigma supports the organisational learning process as well as adds to the quality of analysis and provision for resolution. How can six sigma influence organisational learning? Six Sigma has several opportunities to enhance organisational learning at every level of operation (Yun and Chua 2002).   Others argue that the implementation of the Six Sigma process is a waste of resources (Eng 2011).   Innovation and consumer satisfaction by the Six Sigma concept enables a better outreach capacity for the entire organisation, directly enhancing the entities ability to learn (Yun et al 2002).   Others cite the elements of the system as being less than innovative or original; in fact, arguing the system is redundant (Argote 2012). However, the complex nature of the Six Sigma mechanism allows for a comprehensive examination of the even the most detailed business, adding to the opportunity to accurate organisational learning. Over exposure and reliance on the statistical tools related to the Six Sigma system are a common criticism of the system (Corbett 2011). Others cite the availability of wide range of tools an asset during the often exhaustive examination process (Eng 2011).   Further, the Six Sigma method has been argued to an extension of the Total Quality Management, or TQI, system, and in no substantial way new or innovative (Corbett 2011). However, others find the nature of method, both reassuring and inclusive (Eng 2011). Conclusion The Six Sigma process has become a matter of substantial debate as business turn to emerging theory in order to streamline operations.   The evidence produced in this study has illustrated the divide over the systems complexity, yet exposed the industries need for the tool. With the capacity to assess and identify and subsequently improve, the Six Sigma system adds depth to any organisational learning experience. Further, the knowledge gained during this exposure will be available for later use.   Utilizing the Six Sigma elements including Black Belts and Master Black Belts, the incorporation into any existing organisational learning model is made possible.   Yet, this same issue of complexity has the potential to derail and diminish the return of the Six Sigma experience if the process lacks consideration or balance during implementation. Eventually, as with any highly refined tool, the Six Sigma has the capacity to become a valuable element of the organisational learning experience.   Yet, the success or failure of application will rely on the methods chosen as well as the professionals responsible for the analysis. References Aboelmaged, M. G. (2010). Six Sigma quality: a structured review and implications for future research. International Journal of Quality Reliability Management, 27(3), 268-317. Anand, G., Ward, P. T., Tatikonda, M. V. (2010). 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