Business Information Management Strategy for the RBS...

INTRODUCTION This assignment was given by Madam Manaf as the subject of his assignment of Business Information Management Strategy to all degree students with international business information technology business (CU202). Based on this assignment students were required to make a case study on computer RBS failure Caused by inexperienced operative in India ‘. Based on the case study is also required to give an idea of comparative advantage of IS / IT outsourcing in the company. Then, based on the case study of this question me are required to describe the main Threats to take outsourcing IS / It to the company. Next, I need to make recommendations on measures to prevent the occurrence of a failure in the computer system. In addition,†¦show more content†¦Next, help me find this case study trip. In addition, the summary made to help me learn the important issues of this case study consented. 1. Critically evaluate the competitive advantage that can be gained by companies through IS/IT outsourcing. Provide suitable example to support your answer. The competitive advantage is the favorable position an organization seeks in order to be more profitable than its competitors. Competitive advantage involves communicating a greater perceived value to a target market than its competitors can provide. This can be achieved through many avenues including offering a better-quality product or service, lowering prices and increasing marketing efforts. Sustainable competitive advantage refers to maintaining a favorable position over the long term, which can help boost a companys image in the marketplace, its valuation and its future earning potential. (Margaret Rouse, November 2012). The outsourcing is when businesses need expertise or skills that they dont have within their organization, they often turn to outsourcing to solve their problems. Comparative advantage of external resources by each companys IS / IT was good to help the company work involving IS / IT as their company system. Reference case study given, The Royal Bank of Scotland has hired young techniciansShow MoreRelatedMeasures Companies Need to Take in Order to Prevent Computer Systems Failure819 Words   |  4 Pagestype on computer this includes private email messages, bank account password, and credit card number. Most computer users dont give security a second thought but the reality is that failure to take some simple steps could result in identity theft or worse. If connected to the Internet via a high-speed connection (DSL or cable), hackers can turn computer into a zombie to launch attacks against thousands of other users and computers. There are several ways that can be taken to avoid failure in a computerRead MoreEssay on Royal Bank of Scotland3331 Words   |  14 PagesToday, The Royal Bank of Scotland (RBS) is one of the biggest banking institutions with its capabilities to provide world-class services whilst maintaining its reputation as a top financial services provider in the banking industry. Its leadership in this market is remarkable, and so are the ways the bank’s governing body has been able to manage the complexities, challenges and changes that come with the industry. Understanding that the Royal Bank of Scotland (RBS) has recently undertaken a seriesRead MoreRisk Breakdown Structure Sample2663 Words   |  11 PagesBreakdown Structure ID RBS Element Definition 1.0 1.1 1.1.1 1.1.2 Internal Business Partner Business Sponsorship Business Department Staffing Business Processes Corporate department with the business problem to be solved or business function to be supported. Business case, support from business department, executive involvement, degree of active involvement by business sponsor. Business analysts reporting within business department, how dedicated or fragmented business department reps are, availabilityRead MoreDell Business Strategy Change2013 Words   |  9 PagesDell Computer have recently announced changes to their business strategy and supporting supply chain. They will no longer focus on a made to order direct sales model for their personal computers. Nor will they continue to refine their renowned supply chain model that supported their sales model. Instead, they will be looking to produce personal computers with fixed configurations at lower prices. This essay looks at why Dell have changed their strategy, and then considers the customer value propo sitionRead MoreDell Business Strategy Change Essay1928 Words   |  8 PagesDell Computer have recently announced changes to their business strategy and supporting supply chain. They will no longer focus on a made to order direct sales model for their personal computers. Nor will they continue to refine their renowned supply chain model that supported their sales model. Instead, they will be looking to produce personal computers with fixed configurations at lower prices. This essay looks at why Dell have changed their strategy, and then considers the customer value propositionRead MoreFactors Affecting The Operations Of The Banking Industry2688 Words   |  11 Pagesof the banking industry or NatWest as a business. The environmental analysis is essentially important for every business as it helps in the understanding of the business environment and trends, it also aids in decision making when planning in an organization (Johnson et al., 2011). External Analysis The external analysis is essentially useful as it highlights the opportunities that can be explored by an organization and the threats that can hinder a business operation (Johnson, Whittington, ScholesRead More00002525 Develop A Media Plan4575 Words   |  19 PagesEverybody is watching TV and You tube these days and we can advertise in between the programs and that will be variety of effective. Distributing flyers is also good option because postman will be deliver with mails and then local people can get information regards our new offers and deals. Budget / Cost for advertisement: Advertisement is cost a bit higher than before because we are going to use all new modes of advertisement. Internet is our preferable medium and we are going to put ads on faceRead MoreRisk Management Task 1a4779 Words   |  20 PagesJIT Task 1 Risk Management Risk Management From the last decade risk management is the most researched and exciting area in the financial industry as it elaborates how to minimize and avert the hazard of risk from the portfolios of different assets and from the operations of financial institutions. Regulators and depositors mainly emphasize the risk management and according to them risk management is an essential ingredient to enhance the value of shareholders and increase their level of confidenceRead MoreRisk Management Models for Use by the Project Manager2406 Words   |  10 Pages RISK MANAGEMENT MODELS FOR USE BY THE PROJECT MANAGER A research paper submitted in partial fulfilment of the requirements for the subject PJB4088 – Project Management at the UNIVERSITY OF JOHANNESBURG Student Name: Lusanda Njenge Student Number: 201109115 Date: 15th October 2012 Table of Contents ABSTRACT 2 1. INTRODUCTION 2 2. LITERATURE REVIEW 2 2.1 What is a Risk 2 2.2 Risk Management 3 3. RISK MANAGEMENT MODELS 4 Read MoreBarclays Strategic Analysis6105 Words   |  25 PagesBCG Matrix 13 Competitive Advantages 17 Present and Future Strategies 17 Conclusion 19 References 20 Barclays Strategic Analysis In this report – Barclays Strategic Analysis, we shall investigate the strategy of Barclays plc over the past few years within a financial services sector generally and banking sector particularly. We will provide information about its nature of business, size, and structure. Using some analytical tools such as SWOT, PESTEL and

Conflict Resolution Strategies Essay - 1444 Words

Conflict Resolution Strategies Conflict has long been viewed as negative, and is usually associated with things as trivial as an argument to something as extreme as war, and is seldom seen as beneficial. In the team environment however, conflict can be very beneficial if recognized early and managed properly and can enhance team performance as well as relationships between team members. Conflict is inevitable as humans interact, because not everyone shares the same beliefs, values, opinions, level of education, expertise on a given subject, and social or economical background, just to name a few. Most of us try to avoid conflict whenever possible because it makes us uncomfortable. To become comfortable with it, or at the very least be†¦show more content†¦Most companies today are team based at least to some extent. Whether a management team or some type of project team, there are teams almost everywhere one goes. Typically, they provide some type of training for conflict resolution so that team members can handle those situations where conflict comes up and allows them to deal with it within the team if possible. Ignoring conflict in any situation does not make the issue go away; in fact, in most cases it makes things worse and can ultimately destroy a team or a relationship and keep them from reaching the goal. Ignoring conflict is not managing it an d should only be done there is no way to resolve the issue without some outside help. Remember that when creating a team charter, the guidelines for conflict resolution should be included and agreed on by all team members. (McNamara, 2003) Some types of conflict can be positive leading to outstanding results toward reaching the team’s goal. Managing conflict correctly can increase involvement from other team members who may have been reluctant to share thoughts or ideas due to a lack of knowledge or because they felt inferior to other members of the team. Increased cohesion can also be realized when each member of the team feels that other team members value their view or opinion. Conflict within a team can also bring about increased innovation and creativity. If team members are not afraid to think outside the proverbialShow MoreRelatedTeam Dynamics and Conflict Resolution Strategies1089 Words   |  5 PagesTeam Dynamics and Conflict Resolution Strategies University of Phoenix â€Æ' Success in many areas of our lives, be it family, education, business, or leisure, is dependent on successful teamwork. Teams are â€Å"a number of persons associated together in work or activity†¦a group on one side†(Merriam-Webster, 2008). There are many types of teams, work teams, school teams, sports teams, families etc. â€Å"The fact remains that teams, because they are made up of imperfect human beings, are inherently dysfunctional†(Read MoreConflict Resolution Strategies1530 Words   |  7 PagesRunning header: CONFLICT RESOLUTION STRATEGIES Conflict Resolution Strategies Wendy L. Decker University of Phoenix Conflict Resolution Strategies In this writing, we will explore and explain strategies of conflict resolution and, encourage teams, individuals and society as a whole to use some of these ideas for their own resolution purposes. â€Å"In many cases, effective conflict resolution skills can make the difference between positive and negativeRead MoreConflict Resolution Strategies687 Words   |  3 PagesIn trying to resolve the conflict between Reece and Patel, Edwards used an avoidance strategy. Instead of speaking directly about the root causes, or sources, of the conflict, Edwards focused on the behaviors and treated Reece and Patel like children. Edwards scolded them, and sent them off without bothering to find out what was bothering the two. Of course, this type of conflict resolution is ineffective because it fails to address the underlying issues. As Anderson (n.d.) points out, addressingRead MoreUnderstanding The Conflict Resolution Strategy Essay1269 Words   |  6 PagesHealthy Conflict Reso lution Strategy Conflicts are an inevitable part of human life. Whether they happen in personal lives or within organizations, it is human nature to be involved in conflicts. Workplace conflicts, such as the one in the current situation with Dr. Jones and Susan, can result in negative consequences if they are not handled adequately. Some of these consequences may include irreparable damage to the relationships and disrupt teamwork, becoming an overall detriment to the organizationRead MoreLeadership And Conflict Resolution Strategies1377 Words   |  6 PagesLeadership strategies are key to how an organization’s employees’ perceive their job, their management and their organization. Leadership and conflict resolution strategies are important to creating job satisfaction and reducing employee turnover, which is an added expense to the organization. Kinicki et al, reviews several strategies and theories about leadership and conflict management. Many of the proposed suppositions, are una ble to stand alone to explicate this complex concept. However, inspirationalRead MoreCommunal Conflict in Tiv Land: Strategy for Resolution4118 Words   |  17 PagesNigeria has experienced violent conflicts and antagonism rooted in religion, ethnicity, and economics. communal conflicts in Tiv land area of the Middle Belt region of Nigeria are not an exception. This paper (1) examines the causes of communal conflict in Tivland (2),challenges,as well as the(3) strategies of resolving and managing conflicts in Tivland and society in general. Introduction The African continent has been, and continues to be engulfed in one conflict after another. Over the lastRead More Team Dynamics - Conflict Resolution Strategies Essay example1195 Words   |  5 PagesTeam Dynamics - Conflict Resolution Strategies People work in groups or teams everyday whether in their career, education, political organization, church, or any other social setting. Conflict while working in teams or groups is inevitable. When taking people of different backgrounds, personalities, moral, and ethical beliefs and putting them together in a group, conflict will arise. The key to achieving your team goals is to construct and conquer your goals with keeping the greater goodRead MoreEffect Of Power On Understanding And Adoption A Conflict Resolution Strategy4054 Words   |  17 Pages Daniels, Spiker, 2008). Conflicts arise when a person feels he or she has more power than the other person so they start discriminating, harassing, and alienating the disadvantaged person. Power perspective emphasizes on the ability to compel someone to do something thus suggests power to be coercive and competitive (Papa, et al., 2008). In addition, the power theory views the conflicts as a win-lose competition thus limiting the c hances of a satisfactory resolution (Deutsch, Coleman, 2011)Read MoreInterpersonal Communication And Conflict Resolution1439 Words   |  6 Pagesresearch resources that helped me understand my interpersonal communication topic, Conflict Management, and how theories, relevant skills and strategies can play a big role throughout the resolution and frequency of conflict among my peers. Personality Types and Development of Adolescents’ Conflict with Friends This study aimed to examine the developmental pattern of adolescents’ conflict frequency and conflict resolution with their best friends, and differences in these developmental changes betweenRead More Essay on Conflict Resolution and Mediation to End School Violence949 Words   |  4 PagesUse of Conflict Resolution and Mediation to End School Violence       Conflict and differences of opinion exist in every healthy organization. Americans need to try to take control of todays youth and the violence that is and has been developing in this country for many years.   Although violence will never be extinct, there are many different ways to reduce violence.   Each school and student population has different ways of dealing with and helping to curb the need for violence in schools.

Gawain free essay sample

The article Medieval Misogyny and Gawains Outburst against Women in Sir Gawain and the Green Knight by Gerald Morgan argues that there is proof that woman are blatantly accused of causing the knight to almost fail his quest and that men are placed higher above women. As a reader of both the article and the story, I find that this article does express a correct dea. The lady in question turns out to be the wife of the Green Knight, who actually goes by the name of Bertilak de Hautdesert. In the story, Sir Gawain is seeking refuge in the castle belonging to a mysterious nobleman. The man strikes up a deal with Gawain stating that they will trade every night for whatever the other gains throughout the day. While the husband goes out for the hunt, Gawain is confronted by the noble lady. He notices her white and red mingling in her lovely face and her slender laughing lips. We will write a custom essay sample on Gawain or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page At this moment, Sir Gawain appears to be subject to her every command. This is indicating that it is her fault that he stayed in bed, instead of rising like he intended on doing. Instead of performing the tasks he intended on, he felt the need to stay to entertain the woman who was so insistent on seeing him at his bedside. In Morgans article, he goes into detail about how knights and noblewomen have futures that are intertwined. The knight must fght for the lady, thus showing that woman cannot fend for themselves and are treated like objects. In the story, there re some slight indications that this is in fact the authors view on the topic. Every day, Sir Gawain gives the objects that he received throughout the day to the Lord of the house. In this situation, that happens to be the womans kisses. Since he is turning her kisses into a tangible object that you would give someone, I can understand the thinking that this story has misogynistic traits. The kisses being represented as objects can hint that woman in general are being treated as such. Throughout the story, Sir Gawain rationalizes the womans thoughts and actions. When she first enters upon his room, he is confused as to why she is there, but decides that she is innocent and eager, as described in the story and in the article. I believe that this thought indicates that the author believes that men are above woman. For him to assume she is innocent, he must be looking down upon her, thinking that she is Just lost or confused. He does not believe she has intentions because he believes that she would not be able to think of such a thing. It is similar to modern day, how men assume all blondes are ditzy. This type of thinking is isogynistic and gives a false sense of empowerment in men. l have wanted to learn from you, sir, the noble lady said. This line, spoken by the woman of the household, leads me to believe that both Sir Gawain and this womans behavior was misogynistic. The woman purposefully acted lowly, and Sir Gawain accepted her for how she was. He did not question her curiosity and she did not put any efforts forward to prove her intelligence or position as a noble woman. Since at the end ot the story it all turns out to be a scheme, I am lead to believe that sne is cting like this to support Sir Gawains ideas about woman. I do not believe that she is truly such an innocent woman, but more fueling the misogynistic fire so that she could get what she wants. The story Sir Gawain and The Green Knight by Barron is a medieval tale with many interesting elements and ideas. The hints of Misogynistic thought are found in various places throughout the story. I have found further evidence, that accompanies well with Morgans article about the short story, that concludes the antifeminist qualities in the tale.

Three Wholesome Wishes free essay sample

If I were to be lucky enough to be granted three wishes before I die I would ask for: Everlasting peace between countries, cities , states, and tribes of the world. I would also ask for the world to remember me as me. Not of who I became. My last wish would be to have just one day with all my family, all my cousins, all my distant family, even ones who have died. Just one day with everyone I am related to. I would like everlasting peace because right now the world is full of people full of anger and hatred to one another and for once I would like it to stop. Stop and just have everyone tell each other they love their neighbors. But who am I kidding? I know the world won’t go around without likes and dislikes to one another. So why should I be complaining? I would like the world to remember me as me, because throughout the years of my life I have regretted so many things. We will write a custom essay sample on Three Wholesome Wishes or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page But who hasn’t? I know/known so many people I just want them to remember the best in me, to see my true colors. To see behind that Titanic loving girl, I am known to be. I just want them to see me, not just the outside shell of me most people see. My last wish is my favorite because I have always wanted to be just with my family. Just together, even those who have passed before I was born. I just want to see everyone and I want them to see me. I just want to hug everyone who has made me, me. I was thinking one night and I realized that my family has made me the person I am today. On the inside and the out. Who hasn’t wanted to see everyone who is behind them? I know for a fact I do. Even if I died the next day I would still want one day 24 hours with everyone I love, even if I know them or not. I just want to hug everyone. Some family members who have passed long before I was born, I would like to just see them and hug them. But most importantly I just want to tell them I love them. These without a doubt are what I want my three wishes to be. If I were granted three wishes I would ask for these three. Only because I know my heart and soul are in these wishes. Some may say these are impossible but they are only wishes. Arent they?

Army of None Essay Example

Army of None Essay Example Army of None Essay Army of None Essay al BCOM/275 Army of None June 4, 2012 Recruiters lie. According the New York Times, nearly one of five United States Army recruiters was under investigation in 2004 for offenses varying from threats and coercion to false promises that applicants would not be sent to Iraq. One veteran recruiter told a reporter for the Albany Times Union, Iâ„ ¢ve been recruiting for years, and I donâ„ ¢t know one recruiter who wasnâ„ ¢t dishonest about it. I did it myself. (counterrecruiter.wordpress.com) The military contract guarantees nothing. The Department of Defenseâ„ ¢s own enlistment/re-enlistment document states, Laws and regulations that govern military personnel may change without notice to me. Such changes may affect my status, pay allowances, benefits and responsibilities as a member of the Armed Forces REGARDLESS of the provisions of this enlistment/re-enlistment document (DD Form4/1, 1998, Sec.9.5b). Advertised signing bonuses are bogus. Bonuses are often thought of as gifts, but theyâ„ ¢re not. Theyâ„ ¢re like loans: If an enlistee leaves the military before his or her agreed term of service, he or she will be forced to repay the bonus. Besides, Army data shows that the top bonus of $20,000 was given to only 6 percent of the 47, 7272 enlistees who signed up for active duty. (counterrecruiter.wordpress.com) What money is for college $71,424 is it in the bank If you expect the military to pay for college, better read the fine print. Among recruits who sign up for the Montgomery GI Bill, 65 percent receive no money for college, and only 15 percent ever receive a college degree. The maximum Montgomery GI Bill benefit is $37,224, and even this 37K is hard to get: To join, you must first put in a nonrefundable $1,200 deposit that has to be paid to the military during the first year of service. To receive the $37K, you must also be an active-duty member who has completed at least a three-year service agreement and is attending a four-year college full time. Benefits are significantly lower if you are going to school part-time or attending a two-year college. If you receive a less than honorable discharge (as one in four do), leave the military early (as one in three do), or later decide not to go to college, the military will keep your deposit and give you nothing. Note: The $71,424 advertise d by the Army and $86,000 by the Navy includes benefits from the Amy or Navy College Fund, respectively. Fewer than 10 percent of all recruits earn money from the Army College Fund, which is specifically designed to lure recruits into hard-to-fill positions. (counterrecruiter.wordpress.com) Never been a recruiter but I have served in the Army for 21 years. I used my GI Bill benefits to pay towards my degree and so have other countless other soldiers. Most benefits are guaranteed to you and the terms of how the money is paid are immediately. For anyone to sit here and say the majority of people never receive their benefits is false. The only way you donâ„ ¢t receive the benefits is choosing to not use them or have a discharged under less than honorable conditions. The job you choose when you enlist is the job you train for. Never met anyone in the Army who didnâ„ ¢t receive the training for the job they choose itâ„ ¢s in writing on a contract thatâ„ ¢s binding. It sounds like this website has its own issues with omitting facts and stretching the truth. Not sure when 47, 7272 enlistees signed up, but someone needs to check their data. We are talking about serious life issues. The Army has not had 47,000 people joining for many years. All services (reserve included) have not had 47,000 join in a single year ever. One in four enlistees getting out with less than honorable is not true. One in three getting out early included people getting out going to college or attending West Point as well as switching to another service, but this is still completely false. Lastly, this is the simply the most poorly prepared webpage I have ever visited. Thank you for your time, and Iâ„ ¢m proud to serve my country to continue giving you the right to whine about it. Referenceâ„ ¢s 1. (Internet from 11/22/11) http://counterrecruiter.wordpress.com

History and Geography of Guantanamo Bay

History and Geography of Guantanamo Bay Located four hundred miles from the mainland United States, Guantanamo Bay in the Guantanamo Province of Cuba is the oldest overseas American naval base. It is also the only naval base in a communist country and the only one that has no political affiliation with the United States. With 45 miles of naval infrastructure, Guantanamo Bay is often called the Pearl Harbor of the Atlantic. Due to its remote location and jurisdiction, Guantanamo Bay has been deemed by one United States government official as the â€Å"legal equivalent of outer space†. History of Guantanamo Bay At the wake of the 20th century, the U.S. formally leased this 45 square mile parcel from newly independent Cuba to use as a fueling station. The lease was renewed in 1934 under Fulgencio Batista and President Franklin D. Roosevelts administration. The agreement required consent of both parties should either want to withdraw; that is, reconsider U.S. occupation of the base. Diplomatic relations between the U.S. and Cuba were severed in January of 1961. In hopes the U.S. will forfeit the base, Cuba no longer accepts the $5,000 annual American rent. In 2002, Cuba officially requested that Guantanamo Bay be returned. Interpretation of the 1934 mutual consent agreement differs, causing frequent squabbles between the two countries. In 1964, Fidel Castro cut off the base’s water supply in response to the U.S. government fining Cubans for fishing near Florida. As a result, Guantanamo Bay is self-sufficient and produces its own water and electricity. The naval base itself is divided into two functioning areas on either side of the bay. The east side of the bay is the main base, and the airfield occupies the west side. Today, both sides of the base’s 17-mile fence line are patrolled by U.S. Marines and Cuban militiamen. During the 1990s, social upheaval in Haiti brought over 30,000 Haitian refugees to Guantanamo Bay. In 1994, the base provided humanitarian services to thousands of migrants during Operation Sea Signal. That year, civilian employees and their families were evacuated from the base to accommodate for the influx of migrants. The migrant population climbed upwards of 40,000. By 1996, the Haitian and Cuban refugees had filtered out, and family members of the military were allowed to return. Ever since, Guantanamo Bay sees a small, steady migrant population of about 40 people each year. Geography and Land Use of Guantanamo Bay The bay itself is a 12-mile long north-south indentation and is six miles across. Islands, peninsulas, and coves can be found on the east side of the bay. The Guantanamo Valley lies west of the bay along the Sierra Maestra. The lowlands on the west side are adorned in mangroves. Its flat nature makes it ideal for Guantanamo’s airfield. Similar to many American towns, Guantanamo Bay is furnished with subdivisions, baseball fields, and chain restaurants. Roughly 10,000 people reside there, 4,000 of which are in the U.S. military. The remaining residents are family members of the military, local Cuban support staff, and laborers from neighboring countries. There is a hospital, dental clinic, and a meteorologic and oceanographic command station. In 2005, four 262-foot tall wind turbines were constructed on John Paul Jones Hill, the highest point on the base. During the windiest months, they provide the base with about a quarter of the power it consumes. Since the sharp population rise in 2002 of military and support personnel, Guantanamo Bay boasts a golf course and an outdoor theater. There is also a school, but with so few kids that sports teams play against groups of local firefighters and hospital workers. Separated from the base by cacti and elevated landforms, residential Guantanamo Bay bears much similarity to suburban America. Guantanamo Bay as Detention Center Its true nature and inner workings are somewhat elusive to the American public and are under constant scrutiny. One can only speculate on the future of Guantanamo Bay and as history suggests, its utility and habitation are ever changing.

Should society be more active in developing alternative strategies for Research Paper

Should society be more active in developing alternative strategies for caring for the elderly - Research Paper Example Therefore, there is an additional momentum to make societies more active in developing alternative strategies for caring for the elderly population. Elderly population involves both, individuals who remain fit by adopting healthy lifestyles and others witnessing an intense health care requirements. However, demographic and epidemiological surveys state that over 85% individuals belonging to the age group above 80 years witness one or more health related chronic condition while 62% of this population reports more than one health related predicament (Anderson & Horvath, 2004; MacKellar, 2000). It becomes even more challenging for the societies to devise appropriate strategies for elderly care as UNPD stated that â€Å"the number of older persons has tripled over the last 50 years; it will more than triple again over the next 50 years† (UNPD, 2002). The trend in population is attributed to decreasing fertility and increasing life expectancies, life expectance increased by two decades since 1950 (from 48 years in 1950-55 to 68 years in 2005-10) while the fertility rate dropped from 5 children per women (1950) to 2.5 in present situation and is likely to reduce to 2.2 by 2050 (Population Aging: Facts, Challenges, and Responses). The fact brings to attention that over the yea rs there will be higher elderly individuals and less population of working-age which could directly influence economy and business of the societies. Thus, population ageing lift alarming and primary challenges. In order to deal with the coming events it is essential that strategies be designed to deal with such overwhelming situation. Strategies should encompass novel opportunities, in the form of extensive working years depending upon individuals capability and requirements. The present article deals with the formulation of strategies involving elderly individuals, organizations and the societies. These involve- World elderly population estimated by UN Population