The purpose of the first draft is to begin communicating your topic and to establish its relevance to a reader. The first draft will present an introduction (two to three paragraphs) and one section (two to three paragraphs) of the body of the paper. The first draft should include at least three of the sources you presented in your Annotated Bibliography. If you have made changes to your list of references, cite each new reference carefully both in the text and on the reference page. The length of the first draft is three to four pages of text, not including the title and References pages. The assignment includes a prewriting activity to plan the sections of the project, which is included on the “Week 5 First Draft Directions and Document Format” file, located in the Supplemental Materials folder in Doc Sharing. When you are finished, save the document as and submit it to the Dropbox by the end of the week. The Project First Draft is worth 75 points. See Doc Sharing for the following support documents Week 5 First Draft Direction and Document Format A sample assignment The assignment grading rubric

400–600 words; Secondary Task: 2 100-word replies

Additional Information: Today, you and Shawn Williams, the new Director of Global Human Capital Management at Atlantis Global Corporation (AGC), met with John Dawson, the company’s Chief Executive Officer (CEO), Chief Operations Officer (COO), and Chairman of the Board of Directors. This meeting provided both of you with some background about the company and touched on some of the major problems that are currently confronting it.

The meeting with John was cordial. He is obviously very concerned about the financial losses that AGC continues to experience. You note that John’s main concerns seem to center around global competition and the very real threat of losing AGC’s market lead as the top manufacturer of electronic circuit boards for high-definition television screens.

Both you and Shawn are surprised, however, that John never mentions any issues relating to the employees who work at AGC. Earlier in the month, the president of one of the global subsidiaries told Shawn that it is difficult to recruit talent for AGC. He also told Shawn that employees are not happy and continue to leave the organization to work for other organizations in their various industrial park locations. Competition for talent is high.

When Shawn speaks about human capital concerns at AGC, John is not very interested; seemingly, John knows little about this area of business. In addition, John thinks these employee-related issues do not have much to do with the organization’s problems. Shawn is surprised by his dismissive attitude about the employees of this multinational organization, and he is worried about the alignment of joint objectives. After the meeting, you and Shawn get together in his office to share observations.

“I’m worried about John’s lack of knowledge about how to manage his employees at AGC,” you say.

“Yes, it looks like John’s disregard for the people issues at the company may be a major problem in itself,” says Shawn. “People management must be treated as a high-level strategic matter.”

“Right,” you say. “He doesn’t seem to understand that human capital has economic value and that other organizational changes will not occur if the people aren’t managed properly.”

“Ultimately, the bottom line is affected,” says Shawn. “I have another meeting to go to now. Let’s wait until tomorrow to talk about next steps. Does that work for you?”

“That sounds good to me,” you say. During your drive home, you think about the meeting and think about the difficult job that lies ahead. You know that it will be challenging to work with John to implement the organizational changes that are necessary to build greater global strength without changes in the management of global human capital. Later that evening, you sit down at your computer to make notes about the following questions:

• How would you describe the leadership styles of John and Shawn?
• Why would you think that conflict may occur because of these style differences?
• What are the pros and cons associated with these styles?

Suppliers of funds (Savers and/or Investors) have the option of purchasing financial assets such as stocks and bonds directly in the market place – or they can use the services of a financial intermediary such as a Commercial Bank. Describe how the financial intermediary is an "asset transformer." Discuss the important benefits provided to these suppliers of funds when using a financial intermediary such as a Commercial Bank. Discuss the major disadvantages for suppliers of funds in using a financial intermediary? We distinguish commercial banks by total asset size. At one extreme, there are the very largest commercial banks with over $500 Billion in total assets and which include the Too Big to Fail banks. At the other extreme, there are the smaller commercial banks known as community banks with under $100 Million in total assets. Discuss the major differences found in the very largest commercial banks that are not found in the smaller ones. Core Deposits are different from Purchased Funds. Itemize these differences and summarize the advantages and disadvantages of these different sources of funds to the Commercial Bank a) Explain why most banks maintain a high percentage of their total assets as loans and leases? b) Explain the purpose of the Allowance for Loan Losses account. Why is this account is often the focus or auditors and regulators? Among the many laws enacted that affect commercial bank, two important ones are the Financial Services Modernization Act (FSMA or Gramm-Leach-Bliley) and the The Wall Street Reform and Consumer Protection Act (Dodd-Frank Act, DFA). What were the circumstances that led to these laws being passed? Summarize the arguments both for and against making changes to these two Acts What are the major differences and similarities in these laws from major banking Acts passed from the 1980 through 1991? a) Describe the major advantages credit unions have as compared to commercial banks. b) Describe the major disadvantages credit unions have as compared to commercial banks.