Harshad Mehta Scam

Harshad Mehta scam: Harshad Mehta  was an Indian stockbroker and is alleged to have engineered the rise in the BSE stock exchange in the year 1992. Exploiting several loopholes in the banking system, Harshad and his associates siphoned off funds from inter-bank transactions and bought shares heavily at a premium across many segments, triggering a rise in the Sensex. When the scheme was exposed, the banks started demanding the money back, causing the collapse. He was later charged with 72 criminal offenses and more than 600 civil action suits were filed against him.He died in 2002 with many litigations still pending against him. 3. 1 Ready Forward Deal (RF): †¢ The crucial mechanism through which the scam was effected was the Ready Forward deal. †¢ The Ready Forward Deal (RF) is in essence a secured short term (typically 15 day) loan from one bank to another bank. The lending is done against Government Securities exactly the way a pawnbroker lends against jewelry. †¢ In fact one can say that the borrowing bank actually sells the securities to the lending bank and buys them back at the end of the period of the loan at (typically) a slightly higher price. It was this RF deal that Harshad Mehta and his associates used with great success to channel money from banking system. 3. 2 The Mechanics of the Scam: As explained above, a ready forward deal is, in substance, a secured loan from one bank to another.To make the scam possible , the RF had to undergo a complete change. In other words it practically had to become an unsecured loan to broker. This was wonderfully engineered by the brokers. To give a better understanding of the mechanism, the whole process has been segregated into 3 different parts. . The settlement process 2. Payment cheques 3. Dispensing the security 1. The settlement Process: ? The normal settlement process in government securities is that the transacting banks make payments and deliver the securities directly to each other. ? Dur ing the scam, however, the banks or at least some banks adopted an alternative settlement process which was similar to the process used for settling transactions in the stock market. ? In this settlement process, deliveries of securities and payments are made through the broker.That is, the seller hands over the securities to the broker who passes them on to the buyer, while the buyer gives the cheque to the broker who then makes the payment to the seller. ? In this settlement process, the buyer and the seller may not even know whom they have traded with, both being known only to the broker. ? There were two important reasons why the broker intermediated settlement began to be used in the government securities markets. ? The brokers instead of merely bringing buyers and sellers together started taking positions in the market.In other words, they started trading on their own account, and in a sense became market makers in some securities thereby imparting greater liquidity to the mar kets. ? When a bank wanted to conceal the fact that it was doing an RF deal, the broker came in handy. The broker provided contract notes for this purpose with fictitious counter parties, but arranged for the actual settlement to take place with the correct counter party. 2. Payment Cheques: ? A broker intermediated settlement allowed the broker to lay his hands on the cheque as it went from one bank to another through him.The hurdle now was to find a way of crediting the cheque to his account though it was drawn in favor of a bank and was crossed account payee. ? As it happens, it is purely a matter of banking custom that an account payee cheque is paid only to the payee mentioned on the cheque. In fact, exceptions were being made to this norm, well before the scam came to light. ? Privileged (corporate) customers were routinely allowed to credit account payee cheques in favour of a bank into their own accounts to avoid clearing delays, thereby reducing the interest lost on the amo unt. Normally, if a customer obtains a cheque in his own favour and deposits it into his own account, it may take a day or two for the cheque to be cleared and for the funds to become available to the customer. At 15% interest, the interest loss on a clearing delay of two days for a Rs. 100 crores cheque is about Rs. 8 lakhs. ? On the other hand, when banks make payments to each other by writing cheques on their account with the RBI, these cheques are cleared on the same day. ? The practice which thus emerged was that a customer would obtain a cheque drawn on the RBI favoring not himself but his bank.The bank would get the money and credit his account the same day. ? This was the practice which the brokers in the money market exploited to their benefit. 3. Dispensing the security: ? The brokers thus found a way of getting hold of the cheques as they went from one bank to another and crediting the amounts to their accounts. This effectively transformed an RF into a loan to a broker r ather than to a bank. ? But this, by itself, would not have led to the scam because the RF after all is a secured loan, and a secured loan to a broker is still secured. What was necessary now was to find a way of eliminating the security itself! There are three routes adopted for this purpose: 1. Some banks (or rather their officials) were persuaded to part with cheques without actually receiving securities in return. A simple explanation of this is that the officials concerned were bribed and/or negligent. A more intriguing possibility is that the banks' senior/top management were aware of this and turned a Nelson's eye to it to benefit from higher returns the brokers could offer by diverting the funds to the stock market. One must recognize that as long as the scam lasted, the banks benefited from such an arrangement.The management of banks might have been sorely tempted to adopt this route to higher profitability. 2. The second route was to replace the actual securities by a wort hless piece of paper – a fake Bank Receipt (BR). This is discussed in greater detail in the next section. 3. The third method was simply to forge the securities themselves. In many cases, PSU bonds were represented only by allotment letters rather than certificates on security paper. And it is easier to forge an allotment letter for Rs. 100 crores worth of securities than it is to forge a 100 rupee note!Outright forgery of this kind however accounted for only a very small part of the total funds misappropriated 3. Bank Receipt: ? In an RF deal, as we have discussed it so far, the borrowing bank delivers the actual securities to the lender and takes them back on repayment of the loan. In practice, however, this is not usually done. Instead, the borrower gives a Bank Receipt (BR) which serves three functions: ? The BR confirms the sale of securities. ? It acts as a receipt for the money received by the selling bank. Hence the name – bank receipt. ? It promises to deliver the securities to the buyer.It also states that in the meantime the seller holds the securities in trust for the buyer. ? In short, a BR is something like an IOU (I owe you securities! ), and the use of the BR de facto converts an RF deal into an unsecured loan. The lending bank no longer has the securities; it has only the borrower's assurance that the borrower has the securities which can/will be delivered if/when the need arises. BRs issued without Backing of Securities: ? As stated earlier, a BR is supposed to imply that the issuer actually has the securities and holds them in trust for the buyer.But in reality the issuer may not have the securities at all. ? There are two reasons why a bank may issue a BR, which is not backed by actual securities: 1. A bank may short sell securities, that is, it sells securities it does not have. This would be done if the bank thinks that the prices of these securities would decrease. Since this would be an outright sale (not an RF! ), the ban k issues a BR. When the securities do fall in value, the bank buys them at lower prices and discharges the BR by delivering the securities sold. Short selling in some form is an integral part of most bond markets in the world.It can be argued that some amount of shortselling subject to some degree of regulation is a desirable feature of a bond market. In our opinion, an outright sale using a BR, which is not backed by securities, is not harmful per se though it violates the RBI guidelines. 2. The second reason is that the bank may simply want an unsecured loan. It may then do an RF deal issuing a â€Å"fake† BR which is a BR without any securities to back them. The lending bank would be under a mistaken impression that it is making a secured loan when it is actually advancing an unsecured loan.Obviously, lenders should have taken measures to protect themselves from such a possibility During the scam, the brokers perfected the art of using fake BRs to obtain unsecured loans fr om the banking system. They persuaded some small and little known banks – the Bank of Karad (BOK) and the Metropolitan Cooperative Bank (MCB) – to issue BRs as and when required. These BRs could then be used to do RF deals with other banks. The cheques in favour of BOK were, of course, credited into the brokers' accounts. In effect, several arge banks made huge unsecured loans to the BOK/MCB which in turn made the money available to the brokers. 4. Breakdown of the Control system in scam: ? The scam was made possible by a complete breakdown of the control system both within the commercial banks as well as the control system of the RBI itself. ? We shall examine these control systems to understand how these failed to function effectively and what lessons can be learnt to prevent failure of control systems in the future. ? The internal control system of the commercial banks involves the following features: 1. Separation of Functions:The different aspects of securities tr ansactions of a bank, namely dealing, custody and accounting are carried out by different persons. 2. Counterparty Limits: The moment an RF deal is done on the basis of a BR rather than actual securities, the lending bank has to contend with the possibility that the BR received may not be backed by any/adequate securities. In effect, therefore, it may be making an unsecured loan, and it must do the RF only if it is prepared to make an unsecured loan. This requires assessing the creditworthiness of the borrower and assigning him a â€Å"credit limit† up to which the bank is prepared to lend.Technically, this is known as a counterparty limit. 5. Other Aspects of the scam: ? There are several aspects of the scam which are closely related to the securities markets, but which are different from the operational aspect of the markets. ? These pertain to information that can cause significant changes in the prices of securities as well as the information supplied by the commercial ba nks on their financial performance. ? On each occasion the coupon rate was increased by 1/2%, thereby raising the coupon rate from 11. 5% to 13% during this ten month period.The major implication of raising interest rate on new borrowings is that it would trigger a fall in the market prices of the old loans which are pegged at the old (lower) interest rates. The price of the 11. 5% Government Loan 2010 dropped by 3% to 5% with each coupon rate hike. If anyone has advance information about these changes in the coupon rates, he could make enormous amounts of riskless profit by short selling the old securities just before the announcement of rate hike and buying back (covering his position) after the prices have fallen. ? Somebody who took a short position of Rs. 00 crores before the coupon hike of September 1991 could have made a profit of Rs. 15 crores, practically overnight! Since several persons in the Finance Ministry and the RBI are likely to be aware of the impending hike in the coupon rate, the chance of leakage of this all important information is always there. ? There have been several allegations in this regard. However, it will probably be very difficult to prove with any degree of certainty that there was insider trading based on information about coupon rate changes, because of the size of the market. With a daily trading volume of Rs. 3000 – 4000 crores, it would have been very easy for anyone to take a position (based on inside information) of Rs. 500 or even Rs. 1000 crores without anyone suspecting anything untoward. 6. Impact of the scam: ? The immediate impact of the scam was a sharp fall in the share prices. The index fell from 4500 to 2500 representing a loss of Rs. 100,000 crores in market capitalization. [pic] ? Since the accused were active brokers in the stock markets, the number of shares which had passed through their hands in the last one year was colossal.All these shares became â€Å"tainted† shares, and overnight they became worthless pieces of paper as they could not be delivered in the market. Genuine investors who had bought these shares well before the scam came to light and even got them registered in their names found themselves being robbed by the government. This resulted in a chaotic situation in the market since no one was certain as to which shares were tainted and which were not. ? The government's liberalization policies came under severe criticism after the scam, with Harshad Mehta and others being described as the products of these policies. Bowing to the political pressures and the bad press it received during the scam, the liberalization policies were put on hold for a while by the government. The Securities Exchange Board of India (SEBI) postponed sanctioning of private sector mutual funds. ? The much talked about entry of foreign pension funds and mutual funds became more remote than ever. The Euro-issues planned by several Indian companies were delayed since the ability of In dian companies to raise equity capital in world markets was severely compromised. Harshad Mehta Scam Harshad Mehta scam: Harshad Mehta  was an Indian stockbroker and is alleged to have engineered the rise in the BSE stock exchange in the year 1992. Exploiting several loopholes in the banking system, Harshad and his associates siphoned off funds from inter-bank transactions and bought shares heavily at a premium across many segments, triggering a rise in the Sensex. When the scheme was exposed, the banks started demanding the money back, causing the collapse. He was later charged with 72 criminal offenses and more than 600 civil action suits were filed against him.He died in 2002 with many litigations still pending against him. 3. 1 Ready Forward Deal (RF): †¢ The crucial mechanism through which the scam was effected was the Ready Forward deal. †¢ The Ready Forward Deal (RF) is in essence a secured short term (typically 15 day) loan from one bank to another bank. The lending is done against Government Securities exactly the way a pawnbroker lends against jewelry. †¢ In fact one can say that the borrowing bank actually sells the securities to the lending bank and buys them back at the end of the period of the loan at (typically) a slightly higher price. It was this RF deal that Harshad Mehta and his associates used with great success to channel money from banking system. 3. 2 The Mechanics of the Scam: As explained above, a ready forward deal is, in substance, a secured loan from one bank to another.To make the scam possible , the RF had to undergo a complete change. In other words it practically had to become an unsecured loan to broker. This was wonderfully engineered by the brokers. To give a better understanding of the mechanism, the whole process has been segregated into 3 different parts. . The settlement process 2. Payment cheques 3. Dispensing the security 1. The settlement Process: ? The normal settlement process in government securities is that the transacting banks make payments and deliver the securities directly to each other. ? Dur ing the scam, however, the banks or at least some banks adopted an alternative settlement process which was similar to the process used for settling transactions in the stock market. ? In this settlement process, deliveries of securities and payments are made through the broker.That is, the seller hands over the securities to the broker who passes them on to the buyer, while the buyer gives the cheque to the broker who then makes the payment to the seller. ? In this settlement process, the buyer and the seller may not even know whom they have traded with, both being known only to the broker. ? There were two important reasons why the broker intermediated settlement began to be used in the government securities markets. ? The brokers instead of merely bringing buyers and sellers together started taking positions in the market.In other words, they started trading on their own account, and in a sense became market makers in some securities thereby imparting greater liquidity to the mar kets. ? When a bank wanted to conceal the fact that it was doing an RF deal, the broker came in handy. The broker provided contract notes for this purpose with fictitious counter parties, but arranged for the actual settlement to take place with the correct counter party. 2. Payment Cheques: ? A broker intermediated settlement allowed the broker to lay his hands on the cheque as it went from one bank to another through him.The hurdle now was to find a way of crediting the cheque to his account though it was drawn in favor of a bank and was crossed account payee. ? As it happens, it is purely a matter of banking custom that an account payee cheque is paid only to the payee mentioned on the cheque. In fact, exceptions were being made to this norm, well before the scam came to light. ? Privileged (corporate) customers were routinely allowed to credit account payee cheques in favour of a bank into their own accounts to avoid clearing delays, thereby reducing the interest lost on the amo unt. Normally, if a customer obtains a cheque in his own favour and deposits it into his own account, it may take a day or two for the cheque to be cleared and for the funds to become available to the customer. At 15% interest, the interest loss on a clearing delay of two days for a Rs. 100 crores cheque is about Rs. 8 lakhs. ? On the other hand, when banks make payments to each other by writing cheques on their account with the RBI, these cheques are cleared on the same day. ? The practice which thus emerged was that a customer would obtain a cheque drawn on the RBI favoring not himself but his bank.The bank would get the money and credit his account the same day. ? This was the practice which the brokers in the money market exploited to their benefit. 3. Dispensing the security: ? The brokers thus found a way of getting hold of the cheques as they went from one bank to another and crediting the amounts to their accounts. This effectively transformed an RF into a loan to a broker r ather than to a bank. ? But this, by itself, would not have led to the scam because the RF after all is a secured loan, and a secured loan to a broker is still secured. What was necessary now was to find a way of eliminating the security itself! There are three routes adopted for this purpose: 1. Some banks (or rather their officials) were persuaded to part with cheques without actually receiving securities in return. A simple explanation of this is that the officials concerned were bribed and/or negligent. A more intriguing possibility is that the banks' senior/top management were aware of this and turned a Nelson's eye to it to benefit from higher returns the brokers could offer by diverting the funds to the stock market. One must recognize that as long as the scam lasted, the banks benefited from such an arrangement.The management of banks might have been sorely tempted to adopt this route to higher profitability. 2. The second route was to replace the actual securities by a wort hless piece of paper – a fake Bank Receipt (BR). This is discussed in greater detail in the next section. 3. The third method was simply to forge the securities themselves. In many cases, PSU bonds were represented only by allotment letters rather than certificates on security paper. And it is easier to forge an allotment letter for Rs. 100 crores worth of securities than it is to forge a 100 rupee note!Outright forgery of this kind however accounted for only a very small part of the total funds misappropriated 3. Bank Receipt: ? In an RF deal, as we have discussed it so far, the borrowing bank delivers the actual securities to the lender and takes them back on repayment of the loan. In practice, however, this is not usually done. Instead, the borrower gives a Bank Receipt (BR) which serves three functions: ? The BR confirms the sale of securities. ? It acts as a receipt for the money received by the selling bank. Hence the name – bank receipt. ? It promises to deliver the securities to the buyer.It also states that in the meantime the seller holds the securities in trust for the buyer. ? In short, a BR is something like an IOU (I owe you securities! ), and the use of the BR de facto converts an RF deal into an unsecured loan. The lending bank no longer has the securities; it has only the borrower's assurance that the borrower has the securities which can/will be delivered if/when the need arises. BRs issued without Backing of Securities: ? As stated earlier, a BR is supposed to imply that the issuer actually has the securities and holds them in trust for the buyer.But in reality the issuer may not have the securities at all. ? There are two reasons why a bank may issue a BR, which is not backed by actual securities: 1. A bank may short sell securities, that is, it sells securities it does not have. This would be done if the bank thinks that the prices of these securities would decrease. Since this would be an outright sale (not an RF! ), the ban k issues a BR. When the securities do fall in value, the bank buys them at lower prices and discharges the BR by delivering the securities sold. Short selling in some form is an integral part of most bond markets in the world.It can be argued that some amount of shortselling subject to some degree of regulation is a desirable feature of a bond market. In our opinion, an outright sale using a BR, which is not backed by securities, is not harmful per se though it violates the RBI guidelines. 2. The second reason is that the bank may simply want an unsecured loan. It may then do an RF deal issuing a â€Å"fake† BR which is a BR without any securities to back them. The lending bank would be under a mistaken impression that it is making a secured loan when it is actually advancing an unsecured loan.Obviously, lenders should have taken measures to protect themselves from such a possibility During the scam, the brokers perfected the art of using fake BRs to obtain unsecured loans fr om the banking system. They persuaded some small and little known banks – the Bank of Karad (BOK) and the Metropolitan Cooperative Bank (MCB) – to issue BRs as and when required. These BRs could then be used to do RF deals with other banks. The cheques in favour of BOK were, of course, credited into the brokers' accounts. In effect, several arge banks made huge unsecured loans to the BOK/MCB which in turn made the money available to the brokers. 4. Breakdown of the Control system in scam: ? The scam was made possible by a complete breakdown of the control system both within the commercial banks as well as the control system of the RBI itself. ? We shall examine these control systems to understand how these failed to function effectively and what lessons can be learnt to prevent failure of control systems in the future. ? The internal control system of the commercial banks involves the following features: 1. Separation of Functions:The different aspects of securities tr ansactions of a bank, namely dealing, custody and accounting are carried out by different persons. 2. Counterparty Limits: The moment an RF deal is done on the basis of a BR rather than actual securities, the lending bank has to contend with the possibility that the BR received may not be backed by any/adequate securities. In effect, therefore, it may be making an unsecured loan, and it must do the RF only if it is prepared to make an unsecured loan. This requires assessing the creditworthiness of the borrower and assigning him a â€Å"credit limit† up to which the bank is prepared to lend.Technically, this is known as a counterparty limit. 5. Other Aspects of the scam: ? There are several aspects of the scam which are closely related to the securities markets, but which are different from the operational aspect of the markets. ? These pertain to information that can cause significant changes in the prices of securities as well as the information supplied by the commercial ba nks on their financial performance. ? On each occasion the coupon rate was increased by 1/2%, thereby raising the coupon rate from 11. 5% to 13% during this ten month period.The major implication of raising interest rate on new borrowings is that it would trigger a fall in the market prices of the old loans which are pegged at the old (lower) interest rates. The price of the 11. 5% Government Loan 2010 dropped by 3% to 5% with each coupon rate hike. If anyone has advance information about these changes in the coupon rates, he could make enormous amounts of riskless profit by short selling the old securities just before the announcement of rate hike and buying back (covering his position) after the prices have fallen. ? Somebody who took a short position of Rs. 00 crores before the coupon hike of September 1991 could have made a profit of Rs. 15 crores, practically overnight! Since several persons in the Finance Ministry and the RBI are likely to be aware of the impending hike in the coupon rate, the chance of leakage of this all important information is always there. ? There have been several allegations in this regard. However, it will probably be very difficult to prove with any degree of certainty that there was insider trading based on information about coupon rate changes, because of the size of the market. With a daily trading volume of Rs. 3000 – 4000 crores, it would have been very easy for anyone to take a position (based on inside information) of Rs. 500 or even Rs. 1000 crores without anyone suspecting anything untoward. 6. Impact of the scam: ? The immediate impact of the scam was a sharp fall in the share prices. The index fell from 4500 to 2500 representing a loss of Rs. 100,000 crores in market capitalization. [pic] ? Since the accused were active brokers in the stock markets, the number of shares which had passed through their hands in the last one year was colossal.All these shares became â€Å"tainted† shares, and overnight they became worthless pieces of paper as they could not be delivered in the market. Genuine investors who had bought these shares well before the scam came to light and even got them registered in their names found themselves being robbed by the government. This resulted in a chaotic situation in the market since no one was certain as to which shares were tainted and which were not. ? The government's liberalization policies came under severe criticism after the scam, with Harshad Mehta and others being described as the products of these policies. Bowing to the political pressures and the bad press it received during the scam, the liberalization policies were put on hold for a while by the government. The Securities Exchange Board of India (SEBI) postponed sanctioning of private sector mutual funds. ? The much talked about entry of foreign pension funds and mutual funds became more remote than ever. The Euro-issues planned by several Indian companies were delayed since the ability of In dian companies to raise equity capital in world markets was severely compromised.

Essential Skills for Higher Education and Healthcare: A Reflection

Abstract This reflective essay aimed to present the key learning and gaps in knowledge and practice of a student nurse. The Gibbs model of reflection was used to evaluate and analyse the learning needs of the author. An action plan is presented at the end of the essay to demonstrate the learning aims and activities needed to achieve these aims. These are needed to prepare the author in her future work as a registered nurse. Introduction Reflection allows student nurses and healthcare practitioners improve current and future nursing practice by learning from one’s experiences (Bulman and Schutz, 2013). This essay aims to present a reflective account on my role as a student in health education and as a future healthcare practitioner. Gibbs (1988) model of reflection will be used to reflect on my experiences as a student nurse. Description My work as a Health Care Assistant in the past six years helped me decide to pursue a nursing education. I was able to work in a busy environment and experience working with patients with different ethnic background and a multicultural healthcare team. Seeing patients improve as a result of the care they receive from healthcare professionals was one of the significant events that helped me decide to become a nurse. My life as a student nurse is challenging since I have to balance family life with work and my studies. I have to demonstrate key nursing skills, become a self-directed and independent learner, take responsibilities, manage my time and follow rules and regulations of the university. I also have to prepare myself to become a future healthcare practitioner. For instance, I have to acquire skills to meet the physical, psychological, spiritual and social needs of my patients. I also have to ensure that care received by my patients is evidence-based. In addition, I have to achi eve the competencies required by the Nursing and Midwifery Council’s (NMC, 2008) code of conduct. Feelings I am excited in my new role as a student nurse. My training in the past has been in accounting and business and my career shift brings some challenges. However, I am happy pursuing what I love to do. While I am passionate with my new role, I am also aware that becoming a nurse requires extensive training and study. Hence, I want to develop skills such as becoming an independent and self-directed learner in order to succeed as a student nurse. I also need to demonstrate key skills in order to prepare myself to become a registered nurse. At times, I am worried if I would be able to acquire all the skills needed to become an effective nurse. For instance, I feel that communicating with patients with different ethnic backgrounds could be a challenge. While I was able to witness how nurses communicate with patients of different ethnic backgrounds, I am aware that this would not be easy in actual practice. I also feel that I need to develop skills on how to deliver patient-centred care thi s is holistic. Analysis and Evaluation Developing the self-directed and independent learning style is crucial during the undergraduate nursing years. Kaufman and Mann (2010) suggest that problem based learning is common in medical education and helps students to become independent learners. Learning styles differ amongst adult learners. Biggs and Tang (2007) emphasise that an individual’s learning style is a result of affective, physical and cognitive factors. An individual’s learning preference is influenced by motivation, cognitive style, attitude, personality and a student’s stage of development (Cassidy, 2004; Biggs and Tang, 2007). On reflection, I have to consider my own motivation and cognitive style in order to become a successful independent learner. I also have to determine my own stage of development as a student. Learners are identified into at least four types of learners. These are the visual, aural, read, write and kinaesthetic learners (Cassidy, 2004). During independent learning, students should be able to identify their learning style in order to optimise the learning process. On reflection, I learn best through observation (visual), reading and writing (R) and practicing what I learned (K). I can use all forms during self-directed learning. For instance, I can participate in simulation training to visualise the skills that I need to learn. Next, I can read on the topic and write a reflection or notes on what I learned. Finally, I can report my learning to my supervisors or mentors through presenting clinical skills. While self-directed learning is only one method employed in my nursing curriculum as a means to acquire knowledge and skills, this learning method is very important in my future role as a nurse. It should be noted that the Nursing and Midwifery Council’s (NMC, 2008) code of conduct stresses the importance of providing quality evidence-based care to my patients. To meet the competencies contained in the NMC’s code of conduct, it is necessary that I inform my current nursing practice with current evidence from published literature. This is also emphasised in the NMC (2010) standards for nursing students in the UK. Evidence-based care (Greenhalgh, 2010) is described as the type of care supported by findings from published literature, personal experiences, expert opinion and patient experiences. Becoming an independent learner will help me in future role as a nurse since this will help me search for literature and evidence on the current and best form of intervention for specific healthcare conditions. Apart from becoming an independent learner, I also realised the importance of developing my communication skills. The NMC’s code of conduct states the importance of developing empathy to patients and providing them with quality care. This is only possible with effective communication (Purden, 2005). Barclay et al. (2007) suggest that effective communication is possible if patients have learned to trust their healthcare practitioners and are allowed to participate in healthcare decision-making. Communication involves listening to both verbal and non-verbal messages of the patients and identifying their healthcare needs (Barclay et al., 2007). It is noteworthy that language barriers may become a deterrent to effective communication (Leonard et al., 2004). This is especially evident when patients and nurses have different ethnic background (Leonard et al., 2004). These differences may contribute to misunderstanding especially if patient education is not culturally sensitive or nu rses fail to consider the patient’s preferences, cultural background, tradition and beliefs before introducing an intervention. As a student nurse, I am aware of the importance of communication and why it is necessary for me to develop communication skills that are sensitive to my patients’ culture, traditions and beliefs. Developing these skills during my student years will help me become more sensitive to the needs of my patients. It has been shown (Barclay et al., 2007) that effective communication is a prerequisite to quality care. Many patients (Majumdar et al., 2004) express that the time nurses spent with them allowed them to communicate their feelings and needs better since they were able to communicate in an unhurried environment. On reflection, it is essential that as a student nurse, I will learn how to listen to my patients and determine their needs. It is also essential that I receive training on how to develop cultural sensitivity when dealing with patients with different ethnicity. Majumdar et al. (2004) stress the importance of assigning patients with different ethnicity to healthcare w orkers who share similar ethnic background. However, this might not be achieved in all instances in actual healthcare settings. Hence, it is essential that nurses should be trained on how to develop cultural sensitivity. On reflection, I also learned the importance of developing skills on how to promote psychological, social, emotional, physical and spiritual care of patients. As a student nurse, I am still beginning to develop these skills and understand that it will take time to develop all these skills. I realised that these skills are best learned when working with other healthcare professionals. Hence, it is crucial that I learn how to collaborate effectively with other healthcare workers. Apart from developing effective communication skills, I also need to learn how to work with others and manage conflicts during meetings. It is suggested that conflicts (Leonard et al., 2004) do not lead to poor team working but provides an opportunity for team members to choose the best form of intervention for a specific healthcare condition. Conflicts also allow team members to view an issue from different perspectives. Conclusion In conclusion, there are many skills that I still need to develop as a nursing student preparing to become a registered nurse in the future. To date, I need to hone my skills in independent or self-directed learning. I also need to develop communication skills, cultural sensitivity and learn how to collaborate effectively with other team members. All these skills are necessary to help me observe the NMC’s code of conduct and gain competencies for registered nurses in the UK. Action Plan The following are the objectives of my action plan: Improve skills on how to carry out independent or self-directed learning. Develop communication skills. Develop cultural sensitivity. Learn how to collaborate effectively with team members Table 1. Action Plan AimActivitiesWeek(s)Mentor/Supervisor Comment(s) Improve skills on how to carry out independent or self-directed learningEngage in self-directed learning on specific topics in nursing.1-4 Develop communication skillsAttend simulations on how to communicate effectively with patients suffering from chronic or acute conditions; Observe/shadow senior nurses on how they communicate with patients suffering from different conditions5-8 Develop cultural sensitivityAttend simulations on how to develop cultural sensitivity; watch videos showing nurses demonstrate cultural sensitivity when caring for patients with different ethnic background; shadow senior nurses and observe how they show cultural sensitivity to patients with different ethnicity9-12 Learn how to collaborate effectively with team membersBecome part of healthcare teams/ shadow healthcare teams and observe how they collaborate with each other13-16 References Barclay, J., Blackhall, L. & Tulsky, J. (2007) Communication strategies and cultural issues in the delivery of bad news. Journal of Palliative Medicine. 10(4). p. 958-977. Biggs, J. & Tang, C. (2007) Teaching for quality learning at university. 3rd ed. England and New York: Society for Research into Higher Education & Open University Press. Bulman, C. & Schutz, S. (2013) Reflective Practice in Nursing. 5th ed. London: John Wiley & Sons. Cassidy, S. (2004) Learning styles: An overview of theories, models and measures. Educational Psychology. 24(4). p. 419-444. Gibbs, G. (1988) Learning by doing: A guide to teaching and learning methods. Oxford: Further Educational Unit, Oxford Polytechnic. Greenhalgh, T. (2010) How to read a paper: the basics of evidence-based medicine. 4th ed. Chichester: Wiley-Blackwell. Jarvis, P. (2010) Adult education and lifelong learning: Theory and Practice. London: Routledge. Kaufman, D. & Mann, K. (2010) Teaching and learning in medical education. In: Swanwich, T. (ed.). Understanding medical education. ASME: Blackwell Publishing. Leonard, M., Graham, S. & Bonacum, D. (2004) The human factor: the critical importance of effective teamwork and communication in providing safe care. BMJ Quality & Safety. 13. p. i85-i90. Majumdar, B., Browne, G., Roberts, J. & Carpio, B. (2004) Effects of cultural sensitivity training on health care provider attitudes and patient outcomes. Journal of Nursing Scholarship. 6(2). p. 161-166. Nursing and Midwifery Council (NMC) (2010) Standards for pre-registration nursing education. London: Department of Health. Nursing and Midwifery Council (NMC) (2008) The Code: Standards of conduct, performance and ethics for nurses and midwives. London: Nursing and Midwifery Council. Purden, M. (2005) Cultural considerations in interprofessional education and practice. Journal of Interprofessional Care. 19(1). p. 224-234.

Basic Hydraulic Systems

Basic Hydraulic Systems Every hydraulic system has a minimum number of basic components regardless of its design and function. The fundamental components of the hydraulic system include pump, reservoir, directional valve, check valve, pressure relieve valve, selector valve, actuator, and filter. An open center system has fluid flowing, with any pressure in the system when the actuating mechanisms are idle. The pump disperses the fluid from the reservoir through the selector valves and return to the reservoir. The open center system may engage a several subsystems, with a selector valve for every subsystem. The selector valve of the open center system is connected in series with each other. In this arrangement, the system pressure line will go through each selector valve. The fluid is allowed free passage through the selector valve and return to the reservoir until one of the selector valves is ready to operate a mechanism. When one of the selector valves is set to operate an actuating device, fluid is flowing from the pump through one of the working line to the actuator. When the selector valve is set in this position, the fluid flow to the reservoir is blocked. The system overcome the resistance by using the pressure build up in it and move the piston of the actuation cylinder, fluid from the opposite end of the actuator will returns to the selector valve and return to the reservoir. The operation of the system after actuation of the component will depends on the type of the selector valve that has been used. Many types of selector are used together with the open center system. One of the types is both manually engaged and manually disengaged. The valve is manually moved to an operating position. Then, the actuating mechanism reaches the end of the operating cycle, and the output of the pump continue until the pressure is relieves by the system relief valve. The relief valve dismount and allows the fl uid to return to the reservoir. The system pressure remains at the relief valve set pressure until the selector valve is returned manually to the neutral position. It reopens the open center flow and let the system pressure to drop to line resistance pressure.

The Rock and Roll Music Era Essay Example | Topics and Well Written Essays - 1750 words

The Rock and Roll Music Era - Essay Example This "The Rock and Roll Music Era" essay outlines the origin of this genre and how it became popular. Early rock and roll was a fusion of three leading music genres of the time, and these are pop music, western-country music and Rn’Bs; rock and roll grew to phenomenal heights as songs by rock and roll artists such as Little Richard Chuck Berry and Elvis Presley became instant chart hits throughout the world (Welch, n.d). Socially, the rock and roll era was characterized by widespread racial segregation and high racial intolerance between the blacks and the whites in the American society; race mixing was a huge problem due to the racial hostilities that characterized the American society at the time. Economically, America was still recovering from the pangs of both the civil war and the world wars that had caused massive havoc to its economy; even though the situation was slowly getting better and trade was picking up, the American society was still wary over the potential of a n economic relapse. Politically, the rock and roll era was a period in the American history when there were high political anxieties and fears over the possibility and threat of foreign conspirators even though the world wars had just been concluded and calm had returned in the global society. Culturally, rock and roll was an era defined by a fusion of music cultures i.e. rock and roll is regarded as one of the most influential and phenomenal eras of music especially because it was a fusion of the three most popular forms of music. Rock and roll was also popular all over the world because it emerged along with the rise of television and the highly expressive popular youth culture. Until then, people had listened to music through the radio i.e. WLS 890, a radio station that played the most popular songs of the time, about young love and cars in particular; this station was common among the youth of the time. The youth of this era were very expressive and experimental and their teenage angst coupled with their free spiritedness lifestyle was a perennial source of worry to their parents who were wary of the potential ramifications of teenage rebellion in the hostile American society. These teenagers were fast at picking up the rock and roll mannerisms and influences especiall y fashion by watching TV and imitating the rock and roll superstars in their manner of dressing and their tastes in things

An analysis of Animal Experimentation articles Essay

An analysis of Animal Experimentation articles - Essay Example The presented arguments by the doctors and research scientists (two experts in their field) indicate that this is a subject that divides opinion between informed, intelligent people. The clear issue in the debate revolves around morality and whether animal experimentation is necessary to safeguard human beings against potentially harmful new drugs and practices in medicine, and is vehemently supported by both sides. 2. Were the problems or issues expressed effectively? Describe how the problems or issues were or were not best expressed. The two articles vary on their ability to express the issues effectively. Lankford uses the article to defend the position of support towards animal experimentation. In this manner, the article does not address the issue but just seems to provide a list of statistics to prove his point. The work highlights a number of animal research achievements and how it has led to the prevention of disease but does not suggest any form of resolution of the issue. The Carlson article does attempt to resolve the issues. The work discusses that â€Å"we can learn to improve public health by looking first at what threatens it† (Carlson), indicating a willingness to seek a resolution. This viewpoint also acknowledges that it is vital to keep questioning forms of medicine and that it can be beneficial to look at the argument from different perspectives. 3. How would you determine the credibility of the sources of information used by the authors in the articles when investigating the problems or issues presented by your topic? The two articles appear to be fairly reliable and credible sources of information regarding the animal experimentation debate. The first, written by Lankford, was written for the Foundation for Biomedical Research. The group is in favor of animal experimentation and use medical facts and statistics to back up their claims. The author is clearly knowledgeable, although the article does not highlight his position in the organization. The second article is an expert opinion in the field of research science. Her work contrasts with the first, emphasizing that the results of animal experimentation have been grossly misjudged. Carlson relies on findings from University studies and medical journals to persuade her audience. In terms of credibility, both articles appear to be so, though Carlson does provide sources for the statistics used whereas Lankford states facts such using language such as â€Å"between 1950 and 2004† (Lankford) but fails to ascertain where they come from. 4. Compare two steps that would be most effective in refining solutions to the problem and resolutions to the issues presented by your topic. The animal experimentation debate is saddled with a number of issues concerning morality and ethics. For animal experimentation to be proven necessary and useful to society, it appears that more clear research and positive results are needed that link the success of medical improveme nts to the need to test them on animals. The main difficulties to overcome are the beliefs surrounding animal cruelty which animal extremist groups chiefly use as their main argument against animal experimentation. These groups will perhaps never be persuaded as to the benefits of animal experimentation but scholars such as Carlson indicates that there is no proof that animal testing is necessary to

The Development of the Scientific Management Theory Research Paper - 1

The Development of the Scientific Management Theory - Research Paper Example The researcher states that the most of individuals think that the basic motives of employers and employees are essentially opposed. In contrast, scientific management has for its core groundwork the strong belief that the genuine objects of the two are inseparable - that wealth for the employer cannot be sustained in the long run unless it is attended with the wealth for the employee and that it is doable to grant the employee what s/he most desires and the employer what s/he desires for his/her production. Thus, it is unquestionable that the influential and most contentious contribution to the development of management theory was the theory and practice of scientific management by Frederick Winslow Taylor, that was a main focus of the analysis and was presented in the essay. The principles of scientific management remain in vogue in large numbers of companies in the US. However, this is not similar to the scientific management pioneered by Frederick Taylor. Over the years, these man agement principles have been modified and the outdated components have been eliminated. This capacity to adjust has been helpful in the continued existence of the fundamental premises of scientific management, where remain numerous deliberations about its fundamental rules in contemporary management theory. This is due to the fact that these fundamental principles remain vital, present-day managers still applying them. Hence, the issues have numerous spectators. Scientific management survives and will stay alive for a hundred years or so.

Communication and patient safety( Literature Review) Research Paper

Communication and patient safety( Literature Review) - Research Paper Example It has also been found that there is a decrease in the number of medical errors made concerning patients. Furthermore, adequate communication also has an impact on nurses because they become more motivated in their work, which increases their efficiency. This efficiency helps the patient as it improves the care that they are given, and this leads to the patient’s swift recovery. In addition, various factors influence communication between nurses and patients, one of the factors is the complexity of the hospital and nursing systems; thus, the larger and more complex they are, the higher the risk that the potential for patient errors will be increased. Therefore, it is necessary to ensure that adequate communication between the various hospital systems is instituted so that the number of such errors can be reduced or done away with. Moreover, the value of care depends completely on the accuracy and completeness of information being available to the nurses who care for the patien ts. While this is important, it should be noted that the accuracy of the information becomes outdated over time and this is the reason why more, up to date information has to be collected to ensure that the caregivers provide the best service possible to the patient (Manojlovich, Antonakos and Ronis, 2009). On the other hand, Turkoski (2009) states that errors tend to occur when during the communication of a patient’s medication. This usually happens when there is a misinterpretation of the various abbreviations or acronyms to the drugs, which have been prescribed to the patient. This creates a situation where there is the potential of a patient taking the wrong drugs, taking the drugs at the wrong time of the day, or even worse, taking an overdose of the prescribed drugs. It is therefore necessary to ensure that errors in the writing down of instructions for the patient or caregiver are avoided and that the person writing the said instructions is alert at all times to the po tential of making mistakes. Among the recommendations made in Turkoski’s article is that there must be a standardization of all the abbreviations and acronyms for the drugs used in the medical field so that there can be no confusion over the type of drugs that have been prescribed. It has been found that many drugs have similar names that may lead to the nurse giving the patient the wrong medicine. To prevent such incidences, it has been recommended that capital and small letters be used to differentiate the drugs with similar names to avoid confusion. This will work to ensure that there is uniformity in the communication of medication and this will ultimately promote the safety of the patients to whom the medication is prescribed. With uniformity in communication, the work of the nurses will become less cumbersome because they will be able to be accurate in their administration of medication. Frankel (2008) states that in many hospital systems, there is always a breakdown in communication, this isbecause the nursing staff is usually afraid to report errors because of the potential of being punished. This fear has made it difficult for errors to be corrected and has ensured that the outcome for patients is greatly diminished. The lack of adequate communication has created a scenario where nurses are not able to conduct their activities efficiently and this has come to have a devastating impact on the safety of the

Benchmarking and policy and regulations Essay Example | Topics and Well Written Essays - 1000 words

Benchmarking and policy and regulations - Essay Example This percentage is increasing day by day with the increase in health care costs. The American nation is acutely aware of the fact that the health care system of their country is not working out for everyone. The increasing costs and an increasing percentage of uninsured people contribute to the rising problem in the health care system. The attention of policy makers is often directed towards these issues which they try to solve by addressing specific problems rather than looking at the whole health care system. These short-term solutions help in solving these problems for a limited period of time. Nonetheless, the problem as a whole still remains (Bureau of labor education, 2001). There are many causes of health insurance problems in United States. Due to the high cost of insurance, many people (mostly unemployed and poor) tend to remain without insurance. Businesses do not offer all their employees health insurance, hence more than half of the employees remain uninsured. Moreover, there are some people who want to get insurance, but the insurance companies consider them unfit for health insurance. Lastly, there are people who consider themselves healthy and do not want to seek insurance and pay high amounts of money to these health insurance companies (Bureau of labor education, 2001). As per the statistics 46.3 million people are currently uninsured in United States, however according to Families USA (2009), the number is even higher if we add the number of people who remain uninsured at least during for a little time. In 2007-2008 almost 86.7 million people were uninsured at some time. Almost 5 million people have the finances to get health insurance, however are not able to due to pre existing conditions. Texas has the highest number of uninsured people as compared to all other states of America. During 2004-2006 almost 24.1% of Texas population was uninsured (US Census Bureau, 2009). The percentage of under-insured

Classical Music Essay Example | Topics and Well Written Essays - 750 words

Classical Music - Essay Example The Enlightenment Period is characteristic of its close association to the major changes that took place in the arts. It was this period during which balance, order and structure was infused into the arts. Composers were highly impressed and gradually aspired to maintain a perfect order and balance in their music. The Classical Period (1750 - 1820) (Music History) saw artists and musicians slowly wean away from the richly bottom and styles of the Baroque period and adapted a new style that was uncluttered which catered to the realm of elegant music that was made up of a simple but systematic form and structure with good melody and perfect harmony. The music in the Classical period was filled with a lot of emotion and feelings in addition to being lighter and more personal instead of intellectual. This style was a great attraction to the composers of that time who imbibed the Classical music style which possessed greater clarity, depth in addition to simpler structures and formal mode ls. A good example of such a composition was Mozart's creation of the 'Comic Opera' which became very popular during the Classical period. During the period of the Renaissance music took a lot of liberty in making use of the musical form. During the 1300s French and secular music was quite popular. In 1330 An Italian school of music was developed in areas such as Verona, Padua and Florence etc. with composers improvised lyrics to the accompaniment of instruments such as the viola and lute. In course of time such experimentation led to a new development of contrapuntal music. (The Columbia Encyclopedia, Sixth Edition) As humanism spread far and wide, gradually sacred music broke away from the confines of the Papacy which gave birth to a new school of composers who mastered the art of polyphony after having been trained in the Netherlands. Mozart's Contribution to Classical Music It was during the Classical Period that the great composer Wolfgang Amadeus Mozart (Harold C. Schonberg. W. W. Norton, 1997) lived. His father Leopold Mozart (1719 - 1787) who was a great violinist at the court of the Archbishop of Salzburg greatly encouraged his son by enhancing his musical skills. Mozart visit child prodigy who achieved much from a very young age. He was a genius par excel lance who dazzled his audiences. In 1782 Mozart composed the 'Singspiel Die Entfhrung aus dem Serail (The Abduction from the Seraglio), (Jan Swafford, 1992) and thereafter was no turning back as Mozart composed one masterpiece after another in different forms and genres. In fact he is on the composer to have created undisputed masterpieces that belonged to every musical genre of his times. Mozart's 'serenades, divertimenti and dance' written for the nobility became synonymous with the "Classical "age of elegance," His Serenade in G major, which the composer called Eine kleine Nachtmusik (Jan Swafford, 1992) which means 'A little night music', was the highlighted as his best. Mozart's contribution to music during the Enlightenment Period cannot be explained when considering its depth and vastness. He was a regular at the court of Emperor Joseph II (1741-1790) in Vienna where much of his greatest music was the victim. Some of His greatest works include

Romanticism Movement Essay Example for Free

Romanticism Movement Essay Romanticism branched out of the age of humanism, and was an intellectual, literary, and mostly artistic movement that originated in Europe towards the end of the 18th century and at the beginning of the 19th century and was a revolt against the Neoclassicism which was popular in the previous centuries due to the Age of Enlightenment. The artistic movement rebelled against theoretical tradition. Many artists that participated in this movement drew inspiration from deep, emotional matters which they used as a foundation or starting point for many of their subjects and distinguished artistic styles. In shorter terms, the points that were emphasized in Romanticism were freedom, imagination, and of course emotion. Romanticism is therefore very much related to Realism in certain aspects. A German poet by the name of Friedrich Schlegel was credited for coining the term â€Å"romantic† which was used to describe literature in an â€Å"emotional matter in an imaginative form.† At the beginning of the 19th century, countries were experiencing, and going through many difficulties. Napoleon had ravaged many nations and had soaked their fields with much bloodshed. Europe however, was getting it the worst. The people living in Europe were dealing with crisis after crisis. Many were feeling lost, helpless, and generally miserable. There was absolutely no peace, and no order. It was most definitely a time for mourning and anguish. So at this point the Romanticism movement undoubtedly grew, as more people and artists focused on individualism, as opposed to life in society. Because many were individualists, they would obviously spend much time in the wilderness admiring nature then living in urban areas, thus nature was loved and worshipped by many romanticists. One can only imagine the various types of artwork that was produced because of this particular movement. There were more prominent figures or individuals that particularly stood out in the romantically artistic movement. One of these figures was a German Romantic landscape painter by the name of Caspar David Friedrich. He was born on September 5th 1774, and was known for his symbolic landscapes, and an overwhelming sense of loneliness in his paintings. His landscapes barely or rarely depicted sunlight, and rather they portrayed dense fog, mist or dawn. As he lost more friends and family to death, he would suffer depressive episodes. These episodes noticeably shifted the themes in his artwork, as he began to use graveyards, ruins, vultures and owls in many of his paintings, which symbolized and hinted at a looming, impending death. Friedrich is considered by many to be the â€Å"Edgar-Allen Poe† of art. Another pioneer of the Romantic movement was a influential French artist, painter, and lithographer know as Jean-Louis Andre Theodore Gericault. Initially, Gericault studied Neoclassicism at the Musee du Louvre but eventually found that his capacity to learn, or grow on this subject was lacking, so he left. Many of his paintings feature horses in them because he spent much time in the stables in Versailles studying the action and anatomy of horses. In is paintings he displayed graceful defeat, savagery, heroism, and of course animal magnificence. One of his most notable paintings is titled, â€Å"The Raft of the Medusa.† The painting reflected a French shipwreck which was called â€Å"Meduse,† of which its passengers were left to die by the ship’s captain. These however are just some of the distinguished artists that held a prominent role in the Romanticism movement. Though the American Revolution had taken place, and had their own Romanticism movement, France had been the hot zone when it came to this movement. France had been going through a revolution through out the time the movement was being advertised. As a matter of fact, the revolution seemed to be fueling the movement. This is evident in many pieces of Romantic literature, in which there are signs of effects caused by revolution. It is actually hinted that Romanticism in France was in fact the product of the effects of the revolution. The revolution inspired many Romantic writers, many of which were British, such as Percy Shelley, Lord Byron,William Wordsworth, Samuel Taylor Coleridge and many others, as they approved of the revolution and shared the same views regarding it. And though they all praised the revolution, they each had their own unique ideas regarding it, which can be studied or examined through their work. Furthermore, the movement had its own ideas in general about the overall revolution. When the revolt turned the entire nation in a new direction, many people used the freedom they had acquired to implement just laws to live and abide by, and they also had the freedom to think for themselves without having to be influenced by the society. Before the revolution, the work of artists, poets and writers chiefly dwelled on those who were high in social classes and religious leaderships. However that would soon change. Strengthened and encouraged by the revolution many writers and artists that had been holding in the will to express themselves were finally given the chance to under the new laws implemented by the population. Romanticism was a crucial movement during the French Revolution, as it helped many cope with the harsh lives they were living, and strike inspiration into the hearts of fellow Romantic pioneers. This movement also paved the way for Realism and as both discussed the depressive realities of life. â€Å"Some people call me sick and twisted. I feel that I’m neither; I am instead a Romantic.† -Kenzie Western Citations: http://www.goodreads.com/quotes/tag/romanticism http://www.uh.edu/engines/romanticism/introduction.html http://www.artchive.com/artchive/G/gericault.html http://www2.roguecc.edu/art/wpeterson/art206/romantic.html

Critically review the practice of post-development monitoring in eia

Critically review the practice of post-development monitoring in eia Introduction Since the 1960s, there has been a growing concern in the environment and the unfavorable impact that society has on the global environment (United Nations, 1990). Over the years, there has been a steady introduction of environmental legislation, in an attempt to regulate impacts on the environment. However, other environmental management means have also been developed. These include environmental auditing, environmental accounting, environmental reporting, life-cycle assessment, environmental management systems, risk assessment and environmental impact assessment. Environmental Impact Assessment (EIA) has become a widely used means for making out the possible impacts of new developments (Glasson et al, 1999). It is proposed to provide decision-makers with an understanding of the possible environmental consequences of a proposed project and thereby facilitate the making of more environmentally sound decisions (Bailey and Hobbs 1990). EIA is now being used in many countries worldwide ( Glasson et al 1999). In the 1990s, a worldwide study on the usefulness of environmental assessment was carried out, which highlighted several areas were improvements needed to be made; areas such as scoping, evaluating significance, review of environmental statements and post-decision monitoring and auditing mostly termed as follow-up (Sadler 1996). Lack of follow-up is undeniably the weakest point in many systems and this is resulting to questions over whether EIA is being used effectively. Effective EIA should lessen the environmental impacts of developments; however, without follow-up being completed it is only the envisaged impacts on the environment and not the existent impacts that are regarded. Furthermore, the EIA process can be divided into two stages based around the approval for a development proposal: pre-decision and post-decision (Marshall, 2004). Follow-up, which includes post-decision monitoring and auditing, refers to actions that occurs all through the post-decision stages of the EIA p rocess to monitor, evaluate, manage and communicate the environmental results that in reality happen (Arts et al 2001). Current practice has focused on the pre-decision stages of the process, which means that little or no attention is paid to whether the actual impacts of the development match up to those that were predicted. There is much debate as to the effectiveness of EIA practice without follow-up; it has not been thoroughly required or properly implemented within current practice (United Nations, 1990). This review will first discuss the definition of follow-up, and then highlights the various types of follow-up. Following this, the role and value of follow-up in EIA is discussed; the basic principles are stated; legislative requirement for follow-up with reference to different countries is examined; an overview of required bodies for follow-up practice is also looked into and then an overview of the global perspective of follow-up practice is discussed. EIA Follow-up In its role as an environmental management means, EIA must put into practice processes for verifying the existence of predicted effects and controlling the damaging effects of those that in reality happen (United Nations, 1990). Thus, impact studies should take into consideration the need for and requirements of follow-up (Wood, 2003). EIA follow-up is important to the entire assessment process because it provides information about the outcomes of an activity and ensures that development and management requirements have been met (Arts et al., 2001). Guidance for good practice EIA follow-up, however, has not been efficient and has been addressed on very few occasions (Marshall, 2004). Follow-up has been used as a general term for various EIA activities including: monitoring; auditing; ex postevaluation; post-decision analysis; and post-decision management. While there is no single definition for follow-up, it is generally related to activities in the post-decision phase of a project (Arts et al, 2001). Follow-up includes the gathering of data, the arrangement and investigation of this data and the review of the acquired information about the impacts of a project that has been subject to EIA. It also involves decision-making on remedial procedures and communication of the results of this process (Wood, 2003). Thus, follow-up is comprised of four key activities; see figure 1 below for further illustration. Role and Value of EIA follow-up EIA is intended to provide decision makers with information concerning the environmental impacts of development on the environment. For this information to be reliable, it must be verified (Arts et al, 2001). Moreover, the responsible parties, that is the proponent or the competent bodies have a starting point for employing mitigation procedures and precautionary procedures for the negative impacts. The response acquired from follow-up programs is important for the improvement of EIA which currently can best be described as weak and not realized to its full potential (United Nations, 1990). Follow-up is an essential part of any EIA system in that follow-up ensures that EIA actually works to protect the environment and achieve its intended objectives (Marshall, 2004). The United Nations (1990), for example, observed that follow-up examinations are useful in making certain or assisting the execution of development activity in accordance with the terms put in place by the environmental assessment process. It involves monitoring project outcomes, evaluating results and integrating mitigation procedures from the initial process of the project. EIA should be applied as early as possible and follow-up, as a system of checks and balances, should commence as the assessment unfolds to generate data and ensure the results of assessment are integrated into the project design and management (Marshall, 2004). Furthermore, examination of environmental impacts serves as an indicator to practitioners on which impacts need mitigation. Hence, follow-up creates opportunity for practitioners to look back at the impacts foreseen and the mitigation procedures recommended to determine accuracy and effectiveness so that suitable action can be taken (Arts et al 2001). Follow-up, identified as environmental auditing and monitoring programs in some literature, is important to verify that the environmental predictions and assumptions are valid and to monitor the actual environmental performance of projects (Abaza, 2000). Follow-up ensures impacts are mitigated before breaching established criteria, to capture growing environmental impacts, and to guarantee that mitigation procedures are properly and timely implemented (United Nations, 1990). Hence, the follow-up process should naturally be integrated in every EIA and at all stages of the project life cycle; that is follow-up should analyze the entire cycle of a proposed project. In this way, EIA is a cyclical activity, with feedback and interaction between various steps being critical for improving EIA practice (Wood, 2003). Principles of EIA Follow-up EIA follow-up principles have been stated by various authors; however this review provides a summary of these various views. Follow-up principles are divided into Guiding Principles and Operating Principles as put forward by Morrison-Saunders et al (2007); see figure 2 below. Legislative Framework for Follow-up Monitoring The regulatory and institutional arrangements include the legal requirements and administrative framework for conducting EIA follow-up. In different countries around the world, there are different legislative requirements for follow-up practice; see figure 3 below. Practices vary from voluntary commitments for monitoring and reporting on EIA outcomes through to specific command and control approaches, some of which provide for specialist independent follow-up review bodies. Generally systems with a long history of EIA tend to be more advanced in their requirements for follow-up (Morrison-Saunders et al 2007). Country Status Legislative Requirement United Kingdom Developed Discretionary Australia Developed Discretionary Canada Developed Mandatory Netherlands Developed Mandatory New Zealand Developed Mandatory California Developed Mandatory Egypt Developing Non Existent Turkey Developing Non Existent Tunisia Developing Non Existent Required Bodies for Follow-up Monitoring EIA follow-up can take many forms, ranging from proponent-driven self-regulation to requirements put in place by EIA regulators or initiatives motivated by community involvement (Arts et al, 2001). Monitoring and evaluation may be conducted by proponents and regulators alike depending on the level of application. Continuing management decisions may be made by both proponents e.g., responding to unforeseen impacts and EIA regulators e.g., reviewing consent conditions and management requirements. Also, both proponents and EIA regulators may engage in communication programs. Some follow-up programs go far beyond mere communication to specifically include stakeholder participation in the monitoring, evaluation and management proceedings (Marshall, 2004). According to Morrison-Saunders et al (2007), there are three major groups of stakeholders involved in EIA follow-up whether as initiator, conductor or participant. Follow-up programs driven by proponents i.e. the first party follow-up, may also include voluntary, self-regulatory or industry-led initiatives such as environmental management systems. Follow-up carried out by regulators, the second party follow-up, typically focuses on making sure that proponents conform to EIA approval conditions as well as learning from experience to improve EIA processes in the future. Follow-up activities carried out or initiated by the community i.e. third party follow-up may range from formal committees or agencies (NGOs) established to manage or conduct follow-up activities through to independent action by community members concerned about environmental impacts. Global Perspective of EIA Follow-up Practice EIA is far from perfect; based on various reviews; it is widely believed that follow-up practice is the weakest area in the EIA process globally. As Sadler (1996) found out in his review of the effectiveness of various EIA systems globally, that there was a poor performance of follow-up activities. Also, Wood (2003) carried out a review on EIA systems in developed countries like UK, New Zealand, Canada, Australia, USA, Netherlands and South Africa and found out that follow-up practices are not widespread. As in the developed world, follow-up monitoring has been a missing step in EIA in developing countries. For example, George (2000b) identified the lack of attention and commitment to follow up as a serious shortcoming in Egypt, Turkey and Tunisia. Despite the widely recognized importance of EIA, follow-up has not been satisfactorily implemented in EIA practice (Austin, 2000) and has yet to be recognized as an essential part of the EIA process (Marshall, 2004). The extent to which follow-up monitoring is required by the EIA processvaries greatly between countries, although mandatory requirements appear to be the exception rather than the rule. The EU Directive 97/11/EC as amended, does not specifically require follow-up monitoring (Wood, 2003), and this is reflected by a similar lack of legislative provision in most Member States. In Canada, EIA is enforced by the Canadian Environmental Assessment Agency; although there has been some measure of progress achieved in EIA, there are also several shortcomings. Follow-up processes have been hampered by weaknesses in laws (CEAA, 2004). Also, developers may be legally required to carry out follow-up monitoring under other legislation if specified in, for example, planning consent con ditions, emission consents or legal agreements as in the case of UK. But these methods are limited and do not represent a systematic approach to monitoring (Glasson, 1994). Follow-up monitoring has been poorly implemented also in Sri Lanka with the problem of inadequate staff, space allocation, funds, and equipment (Morrison-Saunders et al, 2007). In the United States, NEPA does not provide detailed information on the subject of follow-up monitoring; it states that monitoring and enforcement program shall be implemented where applicable for any mitigation. The emphasis in EIA has all too frequently been on the pre-decision stages and on preparation of the EIS, using EIA purely to achieve development consent rather than as a tool for sound environmental management and protection. As Sadler (1996) states, the inconsistency of EIA is that very little attention is paid to the environmental effects which actually result from the development. There is very little emphasis on follow-up, on comparing what was predicted with what really happened, and on feeding the results of such exercises back into the EIA process. Without follow-up and feedback, EIA remains as a none-moving, infrequent routine rather than becoming an active and recurring process (Glasson, 1994). This lack of mandatory follow-up requirement, combined with a lack of enforcement, means that, from the developers point of view, it really does not matter if predictions are inaccurate. Conclusion If the performance of EIA in accurately predicting impacts and enabling sound environmental protection and management is to improve, lessons must be learnt from past experience and applied to future developments. Follow-up provides a means of achieving this and delivering numerous benefits. Despite this, follow-up monitoring is rarely carried out in practice. Having assessed follow-up practices in both developed and developing countries, it is evident that the existence of a legislative framework is not sufficient to make the system effective. Although some countries legislative requirements are mandatory yet problems arise due to the limited scope of legal measures and administrative support (Mitchell, 1997). Other weaknesses reside in the procedures for the design and implementation of follow-up and control mechanisms; also, the attention has largely focused on the pre-decision stages of impact assessment with follow-up monitoring receiving less attention (Arts et al., 2001). Wloda rczyk (2000) notes that understanding among practitioners of what EIA follow-up is and what it entails has not been made clear. Some have interpreted follow-up strictly as the application of mitigation measures suggested in the EIA report. The result is that prediction accuracy is not being confirmed nor is the effectiveness of improvement measures being determined. Finally, there is a need to overcome the various setbacks associated with follow-up practices; as (Marshall, 2004) states that EIA follow-up is a feedback mechanism to reflect the pitfall or success of projects. Countries around the world need to improve on the image of follow-up monitoring to highlight its benefits; the possibility of developing mandatory requirements or a central guidance for EIA follow-up needs further exploration; continuous follow-up monitoring needs to be undertaken, and the results publicized and circulated to EIA practitioners. An opportunity to improve EIA practice and procedures is being missed with every development for which an EIS is submitted with no follow-up analysis carried out (Glasson, 1994). 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