Mentoring Programs for At-Risk Youth Free Essays

The word mentor derives its origin from a character in Homer’s epic poem The Odyssey. When Odysseus, King of Ithaca, went to fight in the Trojan War, he entrusted the care of his Kingdom to Mentor. Mentor served as the teacher and overseer of Odysseuss’ son, Telemachus. We will write a custom essay sample on Mentoring Programs for At-Risk Youth or any similar topic only for you Order Now 1 In our society today, mentors generally are volunteers who are committed to helping students or youth identified as â€Å"at-risk† and/or as a potential dropout get back on track—academically, socially, mentally and physically. The specific roles of mentors are multifaceted and varied. Mentors are big brothers/sisters, role models, friends and confidantes. Their goal is to make a connection and then, using that connection, convey a positive message to their mentee. Mentors build self-esteem, motivate and help young persons set goals and work toward accomplishing those goals. There is little doubt of the importance of mentoring programs and the benefits they yield. Studies of existing programs indicate that youth who participate in mentoring relationships have better attendance and attitude toward school; less drug and alcohol use; improved social attitudes and relationships; more trusting relationships and better communication with their parents; and a better chance of going on to higher education.2 Unfortunately, all those who could be benefiting from having a mentor are not. According to Mentoring in America 2005: A Snapshot of the Current State of Mentoring, â€Å"Of the 17.6 million young people who could especially benefit from having a mentor, only 2.5 million were in formal, one-on-one mentoring relationships.† 3 In the state of Connecticut, over 160,000 children—or 25 % of Connecticut’s youth—are in life situations that place them at risk for personal and academic failure.4  These situations include poverty, inadequate early childhood experiences and preparation for school, family drug use, violence, involvement in the criminal justice system and lack of access to needed social and mental health services. Government, community and civic groups and individuals are trying to change that; trying to make a difference. Since 1989, The Governor’s Prevention Partnership has worked with the State of Connecticut, Connecticut’s corporate and business communities and other public, private and community organizations to provide the leadership and resources to assist 387 schools, 249 community organizations and 93 businesses in efforts to keep the children of the state safe, successful and drug-free.5 This is being accomplished, in part, through the following programs. The Connecticut Mentoring Partnership Created in 1977, The Connecticut Mentoring Partnership (CMP) challenges business leaders to help create a statewide mentoring initiative as a prevention strategy to protect youth from drug use, school failure and other related problems. The program provides leadership, resources and training to schools, businesses, community and faith-based organizations throughout the state in an effort to increase mentoring partnerships and promote safe, quality mentoring programs. The Partnership also works to: Raise public awareness: CMP has partnerships with NBC30, CBS Radio, Buckley Radio and others, a statewide media campaign recruits mentors during National Mentoring Month in January. Raising awareness of the importance of mentoring is also done year-round. A toll-free number, 1-877-CT-MENTOR, provides information on mentoring and ties into a statewide database of mentoring programs. Recruit and refer mentors: Business and community groups are assisted in recruiting their workforce or members to serve as mentors. Develop new mentoring resources, including public and private funding; advocate and promote public policies and legislation that strengthen mentoring; and collect and track data. Activities and services of the CMP include: The Mentoring Training Institute; technical assistance and support on Connecticut Quality Standards for mentoring programs and assistance on program design; resources and mentor recruitment, screening, training and program design; Regional Mentoring Networks for program providers; mentor recruitment and a toll-free Mentor Referral Line; annual mentoring showcase conference and workshops; The Mentoring Corporate Honor Roll and Corporate Mentoring Round Table that promotes, supports and recognizes corporate involvement; and program evaluation tools and resources. Since 1997, CMP has created over 200 new programs and more than 3,000 new mentoring relationships. Since 2001, 70 schools and businesses have joined the Partnership’s School Business Mentoring Alliance and 90 companies have been recognized through the 2005 Mentoring Corporate Honor Roll.6 The Urban Mentoring Initiative The Urban Mentoring Imitative (UMI) was created in 2005 in partnership with the state of Connecticut. Over the next two years—2006-2007—the CMP will initiate a mentoring expansion effort in Hartford, Waterbury, Norwich, Bridgeport, New Haven, New Britain and Windham. During that time, The UMI will be responsible for attempting to significantly increase the number of mentors for at-risk children in those communities. This will be done by increasing the capacity of existing mentoring programs to reach more children; developing new mentoring programs and models to address existing gaps; and identifying and accessing additional resources. The two-year funding appropriated by the State legislature will be matched by corporate and private sector monies secured by The Governor’s Prevention Partnership. Project Choice Mentoring Program Project Choice Mentoring Program (PCMP) is dedicated to helping the youth of the City of Hartford. Its mission is to empower committed delinquent youth to make positive life choices that will enable them to maximize their personal potential and be successful in their community. â€Å"The program provides caring mentors who are fully trained and supported by the professional staff of Project Choice and Nutmeg Big Brothers Big Sisters,† according to Eddie Perez, Mayor of Hartford, CT. â€Å"Project Choice mentors strive to be a positive support system to the youth as well as to the family by forming a relationship based on trust and respect. This allows Project Choice mentors to advocate for the youth in academic, community and family settings while opening doors of opportunity that otherwise would not be available to them.†7 Project Choice started as an idea of David Norman in August 2001 at the Connecticut Juvenile Training School (CJTS). Norman took on the challenge of becoming a positive role model for one â€Å"in need† youth. Over time, the youngster responded to Norman’s efforts with improved behavior, causing others to notice the change. As a result, the idea of role model became more widely accepted and the term was gradually changed to mentor. This acceptance allowed Norman and others to work with more youth at the CJTS facility and Project Choice was born. Project Choice works with Connecticut’s Juvenile Justice and â€Å"at-risk† youth between the ages of 11 and 21. The program operates on a â€Å"buy-in† premise. It is completely youth-driven, ensuring that the youth have the option to â€Å"buy-in† (or participate). No participant is forced, mandated or court ordered to be part of the mentoring process. In 2003, Project Choice partnered with Nutmeg Big Brothers Big Sisters (NBBBS). Today, PCMP also is partnered with Boys ; Girls Clubs of America and together with NBBBS, work under the umbrella of Connecticut’s Department of Children and Families, Bureau of Adolescent and Transitional Services. Project Choice also is networked with the One-on-One Mentoring Program. Project Choice again expanded its resources by establishing a formal collaboration with Project Connect. Project Connect specializes in presenting alternative choices to youth and reinforcing the belief that positive behavior yields positive rewards. Youth Fair Chance, Inc. This national project is funded by the Department of Labor. Established on a case-management basis, this Connecticut program targets individuals between the ages of 14 and 25. Focus is on computer, job and life skills training; tutoring, which is conducted four times a week; and informal mentoring. There are no specific project guidelines for the mentoring program, which currently operates on an as-needed basis. Set up within a peer-to-peer mentor atmosphere, Yale University students occasionally provide assistance. Other services offered by Youth Fair Chance include day care, summer employment assistance, support groups, high school diploma equivalency classes and recreational activities. Four youth program areas are presently being developed that will focus on gender-specific prevention programs for female youth. During the 2005-2006 academic school year a follow-up evaluation of the school-based mentoring program was conducted by the Connecticut Mentoring Partnership. One hundred and ninety mentored youth from seven school systems were evaluated.8 The evaluation was viewed as a pilot or exploratory study that would serve as a stepping stone for future evaluations and mentoring research. Overall, the results were positive. The state’s mentoring programs seem to be reaching those individuals who are somewhat academically at-risk and are subsequently able to sustain or improve their academic performance during the course of a mentoring relationship. Footnotes 1Reh, F. John. Mentors and Mentoring: What Is a Mentor? Retrieved December 1, 2006, from http://management.about.com/cs/people/a/mentoring.htm. 2Mentoring in America 2005: A Snapshot of the Current State of Mentoring. Results of a poll on mentoring commissioned by MENTOR. Retrieved December 1, 2006, from http://www.mentoring.org/leaders/partnerships/index.php?s=CT. 3http://www.mentoring.org/leaders/partnerships/index.php?s=CT. 4The Governor’s Partnership Program; Connecticut Mentoring Program. Retrieved on December 1, 2006, from http://www.preventionworksct.org/mentor.html. 5http://www.preventionworksct.org/mentor.html. 6http://www.preventionworksct.org/mentor.html. 7Project Choice Mentoring Program. Received from http://www.projectchoicementor.org/index.htm. 8Connecticut Mentoring Partnership 2005-2006 Evaluation Results Executive Summary. Received December 1, 2006, from http://www.preventionworksct.org. How to cite Mentoring Programs for At-Risk Youth, Essay examples

Bob marley1 Essay Example For Students

Bob marley1 Essay Bicameral legislature- A congress made up of two houses. In the U. S. it is the senate and the House of Representatives. Constitutional convention agreed to a bicameral legislation. Congressional Sessions- Each term of congress starts on January 3 of odd numbered years and lasts for two years. Sessions- a meeting that takes place twice in congress and usually lasts for most of the year. Congress remains in session until its members vote to adjourn. After adjournment the president may call congress back into meeting as a special session. Membership of the House- a total of 435 members make up the house of representatives. Seats are allotted to each state and the number of seats that state is allowed to have is based on its population. Every state is entitled to at least one seat no matter how small the population is. To qualify to be a member of the house you must be at least 25 years of age, a resident of the US for 7 years and a legal resident of the state you represent.(Usually live in the district they represent. ) Terms of the house are for two years. Representation and reapportionment- the census bureau takes a national census, or population count, every 10 years to assign representation according to population. The population of each state determines the new number of representatives, which is called reapportionment. Congressional Redistricting- The process of setting up new district lines after reapportionment has been completed. Gerrymandering- means that the political party controlling the state government draws a districts boundaries to gain an advantage in elections. The term gerrymandering can be traced to Elbridge Gerry, a governor of Massachusetts. Membership of the Senate- The senate is composed of two senators from each state, thus each state is represented equally. Todays senators includes 100 members2 from each of the 50 states. To qualify as a senator you must at least 30 years old, a citizen of the US for 9 years, and a legal resident of the State they represent. All voters of each state elect senators at-large, or statewide. Unlike a representative of the house a senator serves his or her term for six years, inducting a new senator every two years. A congressmans pay must follow the 27 amendment, which says that the salary voted on by congress will not be in effect till the next session. Exclusion- the right of congress not to seat a member inducted by a majority vote. Censure- a formal disapproval of a members actions. Characteristics- most of the members of congress are lawyers. The others usually in business, banking, and education. Incumbents- Those already in office that win reelection. Political action committees- Provide substantial campaign funds, usually supporting incumbents. Incumbents are successful in reelection because it is easier to raise funds, can represent districts that have been gerrymandered in their partys favor, incumbents are better known to voters, and they use their position and office staff to help solve problems for voters. Constituents- the people in a district represented. Caucus- a closed meeting. Majority Leaders- The speakers top assistant. Their job is to help plan the partys legislative program, steer important bills through the house, and make sure the chairpersons of the many committees finish work on bills important to the party. Whips are assistant floor leaders. The whips job is to watch how majority-party-members intend to vote on bills, to persuade them to vote as their party wishes, and to see that party members are present to vote. Bills- A proposed law. Not actually a law until congress votes and passes it, then the president must sign it. To introduce a bill members drop their idea into a box called a Hopper. .ube9f125e5146ca0a87f0af8d57dd34bf , .ube9f125e5146ca0a87f0af8d57dd34bf .postImageUrl , .ube9f125e5146ca0a87f0af8d57dd34bf .centered-text-area { min-height: 80px; position: relative; } .ube9f125e5146ca0a87f0af8d57dd34bf , .ube9f125e5146ca0a87f0af8d57dd34bf:hover , .ube9f125e5146ca0a87f0af8d57dd34bf:visited , .ube9f125e5146ca0a87f0af8d57dd34bf:active { border:0!important; } .ube9f125e5146ca0a87f0af8d57dd34bf .clearfix:after { content: ""; display: table; clear: both; } .ube9f125e5146ca0a87f0af8d57dd34bf { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ube9f125e5146ca0a87f0af8d57dd34bf:active , .ube9f125e5146ca0a87f0af8d57dd34bf:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ube9f125e5146ca0a87f0af8d57dd34bf .centered-text-area { width: 100%; position: relative ; } .ube9f125e5146ca0a87f0af8d57dd34bf .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ube9f125e5146ca0a87f0af8d57dd34bf .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ube9f125e5146ca0a87f0af8d57dd34bf .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ube9f125e5146ca0a87f0af8d57dd34bf:hover .ctaButton { background-color: #34495E!important; } .ube9f125e5146ca0a87f0af8d57dd34bf .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ube9f125e5146ca0a87f0af8d57dd34bf .ube9f125e5146ca0a87f0af8d57dd34bf-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ube9f125e5146ca0a87f0af8d57dd34bf:after { content: ""; display: block; clear: both; } READ: Rap Lyrics Essay After the bill is introduced the speaker of the house sends it to the appropriate committee for study, discussion, and review. Bills are then put onto the house calendars. Calendars- list bills that are up for consideration. 5 different calendars. Union calendar (bills for consideration, house calendar(public bills), private calendar(bills that deal with individual people or places, consent calendar(bills with a unanimous consent to debate out of regular order) , and discharge calendar(Petitions to discharge a bill from committee).Rules committee serves as the traffic

Case Study Analysis Samsung and Tablet Business Model

Question: Discuss about theCase Study Analysisfor Samsung and Tablet Business Model. Answer: Introduction The national business systems are distinct based on the political economy, belief system, and cultural roots of a country. Competition in the technology industry is pushing the South Korean Conglomerate, Samsung to respond by countering its rivals in the market. Samsung operates in different business portfolios including electronics, chemicals, finance and insurance, machinery, and other subsidiaries (Barkema, Chen, George, Luo, and Tsui 2015). The issue has been the conflicting business model that companies in this industry have used. Interestingly, the subsidized tablet business models remain a niche as it is dominated by the Google Nexus 7 and Amazon Kindle Fire seem to be a limiting factor for other entrants (Barrett 2013). In fact, most companies can only sell the tablets where the contents of these firms are available and to consumers who are ready to pay for the content or relevant advertising. Based on the Asian business system that focus on quality to services, the subsidized business model requires a distinct measurement and judgment (Barkema et al. 2015). Currently, many people seem to judge the technology industry depending on the units sold and overall market share. It is essential for the companies to use profits in assessing the performance of the company. To this effect, it would be prudent to judge the Google Nexus 7 and Amazon Kindle Fire should be judged by the profits generated from the content sales and advertising. The business platform has exposed the strength of every player in this mobile tablet strategy. Apple seems to be the strongest company in the tablet platform as evident in its profits and sales (Somaya, Teece, and Wakeman 2012). Similarly, Amazon appears to understand the platform as the subsidized business approaches focuses on the content than applications. To this effect, Amazon needs more time to develop its platform because the Kindle Fire is a new kid on the bloc (Kirk 2012). Besides, Google does never understand the tablet platform because its platform is weak and has failed to hurt its phone sales thus crippling the tablet efforts. In fact, by introducing the Google Nexus 7, the company has confirmed its focus on content than applications. For Samsung, its understanding of tablet platform is moderate. Conversely, the Korean giant has no control over its android operating system. Samsung no longer controls the Android apps and content thus exposing the company to the competiti ve pressure (Bajarin 2014). The Samsungs tablet model appears to be a two-fold. For instance the hardware of the current tablet forms the basis of its value chain. The company has no control over the software, apps, content, and overall ecosystem. Unfortunately, the hardware where it can add value is moving towards commoditization and good enough rapidly (Zeman 2014). The future of the platform between the operating and hardware systems of the competitors remains alive. However, the businesses will succeed based on their business models. For instance, the companies can change the models, because Apps will retain its platform as the tablets take the lead (Kirk 2012). Samsung tablets has nowhere to go and the company must readjust based on the Asian business model to allow it generate substantial profits. The future of the platform will depend on the business model. Unfortunately, the current models are never responsive towards the future. Bibliography Bajarin, Tim. How Apples Business Model Burned Samsung. The Daily Techpinion, September 26, 2014. https://techpinions.com/how-apples-business-model-burned-samsung/35093. Barkema, Harry G., Xiao-Ping Chen, Gerard George, Yadong Luo, and Anne S. Tsui. West Meets East: New Concepts and Theories. Academy of Management Journal 58, no. 2(2015): 460-479. https://dx.doi.org/10.5465/amj.2015.4021. Barrett, Paul M. Apple v. Samsung: Three Lessons from the Smartphone Patent Fight. Bloomberg June 5, 2013. https://www.bloomberg.com/news/articles/2013-06-05/apple-v-dot-samsung-three-lessons-from-the-smartphone-patent-fight. Kirk, John. Battle of the Tablet Business Models: Lessons Learned and a Look Ahead. Featured Tech.pnions Samsung, October 5, 2012. https://techpinions.com/battle-of-the-tablet-business-models-lessons-learned-and-a-look-ahead/10987. Somaya, Deepak, David J. Teece, and Simon Wakeman. Business Models and Patent Strategies in Multi-Invention Context. IVEY Business Journal September/October 2012. https://iveybusinessjournal.com/publication/business-models-and-patent-strategies-in-multi-invention-contexts/. Zeman, Eric. Samsungs next Frontier: Apps. InformationWeek April 21, 2014. https://www.informationweek.com/mobile/mobile-applications/samsungs-next-frontier-apps/d/d-id/1204595?itc=edit_in_body_cross.

Consequences of the industrial Revolution Essays -

Consequences of the industrial Revolution The industrial revolution was a new beginning of the new world from the 1800s all the way to the modern world that we know today. Although the dramatic change might have benefited humanity, there were some consequences that revolutionized industry came with. A lot of sacrifices were made, people had to adjust and get use to major changes, like the introduction of technology which eventually brought many life opportunities, changed the way human function and overall created a definite relieve. While there were many great things that the industrial revolution brought with it, I believed it left a huge mark on the old-fashioned way of life. For instance, many hardships had to be overcome, triggering shier discomfort to most of the population. The were many effects of the industrial revolution. One was urbanization, people had to move to cities and town to be closer to the factories; with overcrowded cities life began to change, condition was extremely poor so that created pollution, there wasn't any sanitary services provided for the dense population. Another consequence of the industrial revolution was the loss of cottage industries, many small businesses and home workers depended on the cottage industry at the time. The industrial revolution was a huge turning point on the environment and the human connection with it. Almost everyone in Europe were forced to start new career within the factories. Between those people were children, they would start as young as 7 years old. The temptation of money attracted most of Europe population inot the city which created chaos, people felt out of place and the factories would some time make promise and not deliver. The over populated city turned into. And pollution became their worse enemy.

Significants of the Married Woman s Property Act Essays

Significants of the Married Woman s Property Act Essays Significants of the Married Woman s Property Act Essay Significants of the Married Woman s Property Act Essay What In your view was the short term significance of the Married Womens Property Acts In bringing about change in the domestic role of women? The Married Womens Property acts had many short term effects that changed characteristics of the domestic role of women. Previous to the first act in 1870, women had no legal identity separate from their husband. A womans role was seen as being in the home as the angel of the house, with middle class women having an almost ornamental role with little to no independence or control over their own finances. Women were seen as property and had no presence outside of their domestic sphere. In the short term, the MAP made marriages more companionable, and although this did not equate to equal division of domestic labor, it was a further move away from the angel in the house role where wives were seen to be sweet, selfless creatures that lived purely to serve their husbands. The win also provided a profound psychological effect on women, leading them to believe that they were more than this traditional, domesticated stereotype. This confidence lead to the demand for even more reforms and equality. One significant Impact In changing the domestic role of women was their ability after the act to have control ever their own finances. The 1 870 MAP allowed women to possession of their property and inheritance to the sum of IEEE, as opposed to it going straight to their husband. This control gave women the option of taking up hobbies which in turn introduced a more social aspect into the womans role outside of the home and domestic chores. An example includes cricket, which became a popular womens sport between 1880-90, especially in the middle classes where women would have needed to buy appropriate dress and equipment. Furthering this, it also allowed women to be able to shop by their own accord. This, In the most practical sense, meant that women were out of the house more and not focusing solely on household duties. The passing of the act showed female rights movements that It was possible to have their pollen heard In parliament and further showed the support within society for more equal treatment. This success moved women into more male dominated areas of the public sphere where previously they would have had no representation, even if it was still limited. The first MAP had little impact on liberating the lower class as being given property and inheritance of worth was a luxury. Furthermore the working classes were not seen as educated and there would have been no representative in parliament making sure the 1 us MAP was effecting their situation. A working class woman would still have been expected to perform all domestic duties plus working therefore It would not have greatly impacted the domestic role. The reform of the MAP In 1882 had a larger significance as It named women the sole owner of all their property and money. This meant any business or trade that a woman did before marriage could be continued with and all profits would remain with her. As the 1882 legislation detailed, So as to tenors Ana empower near to receive or transfer teen same, Ana to receive teen dividends, interest, and profits thereof, without the concurrence of her husband. Although upper class women very rarely worked, this was an incentive for middle class women to work, and was a great benefit for the lower class who often had their own businesses and trades, for example brewing beer and dressmaking. This continuation of work after marriage had an effect on the domestic role of women as it became more attractive and advantageous to have an occupation as well as being a housewife. Despite some changes, the short term domestic role of women was still intact in the sense that the home and children were still fully expected to be looked after or overseen by the woman of the house. Furthermore, the domestic role of women remained prevalent, despite it being mainly womens rights groups pushing for the act. The fact that the decision to pass the act was made by the all male parliament and voters proved that the idea still remained that domestic woman belonged in the home and the decision making was left to men. However this did somewhat mark a change in attitude towards womens roles as the cause had many influential male supporters such as John Stuart Mill, who believed the previous qualities were unfair. This, however, was undercut by the ulterior motives of many of the politicians, who didnt believe in the changing roles and Just wanted to compromise with women wanting the vote. This punch cartoon of John Stuart Mill pushing some men aside attempting to franchise votes for women shows many men thought was wrong (appendix 1). Alternatively, another reason for the opposition to Mills was so that men could protect their wealth from the men their daughters married, by ensuring it was still legally theirs and therefore kept in the family. In conclusion the Married Womens Property acts provided many positive short term effects integrating middle and upper class women into male dominated society and providing the means for the growth of interests and hobbies outside of the home.

Implications of Cars Running on Oil Essay Example | Topics and Well Written Essays - 1250 words

Implications of Cars Running on Oil - Essay Example To save time, people head to their office on a personal car. This has, however, put much burden on economy and environment. While all the cars and transportation vehicles depend on oil, it is more likely that over the next decade the world will not have enough oil to fulfill the needs of cars. Â  Scientists have been looking for alternative fuel and combination of fuel which can reduce the burden on oil. There are many combinations of liquids that can be used along with oil to reduce the oil usage but the materials that can work well with oil in a mixture are all derived from food crops. This will lead to a burden on food crops and will affect the prices of the food items badly. Depending on food crops for food and as well as for transportation will put heavy burden and prices will soar so much that both will end up being not affordable. High prices will also increase the current food deficit all over the world. Many countries will not be able to provide the first basic necessity to their people which are food. This means adding a mixture of fuel to the equation and keeping the same ICE will not solve the problem over the next decades, it will only worsen it. This means that the initiative taken to completely eliminate the oil from the equation can solve the problem. Â  Many companies are working to invent batteries that can support EV (Electronic Vehicles), an idea which was dropped in the 19th century due to the dependence of EV on batteries which can only last 50 miles and needed replacement of battery very soon. There are also manufacturers who are reducing the car weight by replacing steel which helps in increasing efficiency of the cars running on any other fuel or material other than oil.

Company Data Research Paper Example | Topics and Well Written Essays - 1000 words

Company Data - Research Paper Example 79). Take Pfizer, one of the top ten largest drug suppliers in the world that belongs to big pharma. It is considered to be the most profitable as it ranked number one in the worldwide sales on drugs designated as prescription (Clinton & Mozeson, 2010, p. 70). The company is also the highest spender in terms of research and development (R&D), and in merger and acquisition activities. However, some surprising facts have been discovered during the Pharm Exec’s industry audit and Stealth pharma audit. The main focus of this paper is to review pharmaceutical company data between the audit of stealth pharma and big pharma such as Pfizer. After the gathering of data, surprising facts will be gathered and developed analyses. Company Data Pharmaceutical companies decided to venture in other parts of the world because of higher opportunity and promised benefits that would surely outweigh the difficulty of globalization. Japan, Western Europe, and North America are among the countries i n the world that are high in pharmaceutical sales (Campbell, 2008, p. 16). The current trend of pharmaceutical companies nowadays is merger and acquisition which is not only practiced by big pharma but also to stealth pharma in order for them to expand their sales, market capitalization, and market share. Pfizer is one of the big pharmas that acquired several companies for the past ten years. For the year 2001, it acquired its direct competitor Warner-Lambert for $90 billion, and by 2003 the company decided to merge with Pharmacia for $60 billion in order to reduce its R&D cost (Lawson, Hatch, & Desroches, 2008, p. 157). Recently, the company has acquired Wyeth for $68 billion; this is to back up the company’s dropping of revenue caused by patent expiration and portfolio diversification (â€Å"Pfizer,† 2009). More companies believed that through pharmerging, their market share would increase as competition has been reduced for companies that merged and acquired are dir ect competitors in the market. On the other hand, it has been manifested that big pharma’s expenses on R&D (approximately $304 billion) are much higher compared to the disbursement of stealth pharma which is only $157 million (Trombetta, 2007). From this point of view, it is expected that big pharma would gain higher revenues in comparison to the anticipation of stealth pharma. Usually, large pharmaceutical companies in America are required to spend more on R&D as part of government regulations in exchange with the granting of patent and trademarks that give the company an exclusive right to manufacture and sell the drugs. For instance, â€Å"Pfizer spent almost $7.6 billion on R&D for drugs and slightly over $2 billion on plants and equipments† and in exchange, the company’s drugs are under the U.S. patent protection (Siegel, 2008, p. 109). Three Surprising Facts A professor from Harvard Business School, Gary Pisano said that, â€Å"The record of big mergers a nd acquisitions in big pharma has not just been good. There’s just been an enormous amount of shareholder wealth destroyed† (as cited in Karnitschnig & Rockoff, 2009). It had been a surprised fact that merging among stealth pharma had been successful considering that biotechnology companies have increased in numbers and they have managed to be at the top twenty firms. It had been interesting to discover that