Trust Vs. Mistrust. Erickson s First Stage - 2349 Words

Trust vs. mistrust Erickson’s first stage occurs during the first year of life, and during this stage the infant is unsure about the world they live in. The infant will look for there their primary care giver for stability and consistency of care. If the care the infant is receiving consistent, predictable, and reliable then the child will develop a sense of trust, and will feel secure when they are the child is threatened. Also, success in the first stage will lead to the virtue of hope. By developing this sense children will have hope that someone is there when crises arises. However, if the care has been inconstant or harsh the child will develop a sense of mistrust and won’t have confidence in the world around them or their ability to influence events. If this happens the child will carry a basic sense of mistrust and could develop anxiety and heightened insecurities (McLeod). During this stage in my life I don’t remember what it was like because I was only o ne year old, but I asked my parents what I was like during this stage. During the first stage I was living with my dad, mom, older sister, older bother, and my twin sister. From what I was told I was an easy baby and I liked to be near my twin. Also, when I would cry or get upset my mom or dad would be there to comfort and see what I needed. My parents would play with my siblings and I and stimulated us to help us learn and grow. Although I don’t remember anything about this stage in my lifeShow MoreRelatedEric Erickson Has Eight Stages Of Psychosocial Development1131 Words   |  5 PagesEric Erickson has eight stages of psychosocial development that are very significant and highly regarded. Erickson’s theory helps us understand life s lessons and challenges, that also help us grow. The first stage is caller, Trust vs. Mistrust, it starts at birth all the way until the age of one. During this stage infants develop a sense of trust when interacting with the people tha t provide them reliability, care, and affection. If they don t get this trust it will lead to mistrust. The consistentRead MoreDevelopmental Theories and How They Relate to Real Life Scenarios1468 Words   |  4 Pagescontroversy is which person s developmental pattern of development is correct? Erik Erickson, Sigmund Freud and Jean Piaget s developmental theories are similar. Each of the theories goes through a human s development chronologically, giving a guideline of when certain developments happen. For example when a child is supposed to walk or when a child is going to speak. It is only a guideline and these theories are not supposed to be held too strictly. Sigmund Freud s developmental theory was hisRead MoreSigmund Freud s Theory Of Human Development1712 Words   |  7 PagesCompared to Sigmund Freud s theory of human development, where he believed our personality is shaped around the age of five, Erik Erickson s (1902-1994) theory focuses on psychosocial development. That being said, psychosocial development is a theory made more specifically for children as they grow to adulthood based on what they ve seen and think from their parents, peers, and their upcoming experiences. He believed that a person s childhood is the important aspect in developing personalityRead MoreThe Stages Of Ericksons Theory Of Erik Erikson837 Words   |  4 Pagesdevelops in a predetermined order, and builds upon each previous stage. â€Å"However he did not focus on sexual maturation but rather on the social relationships between children and the childs sense of self Bee, H. L. (1992)†. Erickson can be considered to be one of the great psychologi sts of the 20th century and his popularity can be â€Å"derived from his proposal of a psychoanalytic theory of psychosocial development comprising of eight stages from infancy to adulthood Erikson, E. (1958).†. This theory basicallyRead MoreErik Erikson s Theory Of Psychosocial Development Essay1177 Words   |  5 Pagesseries of eight stages over there entire life cycle. I will look at the first 3 stages that cover the childhood years. There are set of conflict at each stage, which allows individual to develop each stage successfully. Each conflict can be handled in a proper means or inproper means that can prevent progression for the indivdual to the next stage of there development. Erik Erikson (1950, 1963) proposed a psychoanalytic theory of psychosocial development comprising eight stages from infancyRead MoreDifference Between Freud vs. Erikson Essay1023 Words   |  5 PagesDifference between Freud vs. Erikson ENG 121 Difference between Freud vs. Erikson In this essay, I am going to compare and contrast two famous theorists Erik Erikson and Sigmund Freud. I will be talking about each of these theorists and their famous theories of psychosocial and psychosexual, since they both are well known development theories. I will provide enough information about both and explain the differences of each, as well. First off, Freud had inspired Erickson who had theories that wereRead MoreErik Erickson s Theory Of Development1015 Words   |  5 PagesErik Erickson’s Theory of Development Erickson does not discuss psychosexual stages like Freud, but rather, psychosocial stages. There are eight different stages in this development theory, which may seem like a lot, but it delves deep into multiple stages and ages of life. Similar to Freud, he believes that a crisis happens at each stage of development, â€Å"these crises are of a psychosocial nature because they involve psychological needs of the individual (i.e. psycho) conflicting with the needsRead MoreThe Theory Of Human Development Theory1642 Words   |  7 PagesCognitive Theory, Abraham Maslow’s Humanism and Erik Erikson’s Psychosocial Development Theory. 1. The first Human development theory is that of Jean Piaget’s, who believed that all human development and behavior was the product of consistent and reliable patterns of interactions with the environment called schemas. Piaget divided his Theory of Cognitive development into four stages. Each stage is characterized by overall structures and sequences of development, which consist of â€Å"schemas.† SchemasRead MoreThe Eight Stages of Man by Erik Erikson Essay886 Words   |  4 Pagesof our life stages. There is no such thing as a typical person or a typical life, but we can all relate to some of Erikson’s life stages theory. We have all gone through our own developmental milestones. Events such as a graduation, marriage, having children, the death of a parent have, or will be a part of our lives. Whether these events are positive or negative, and how we deal with these events will determine our future (Diessner, 2008). Erikson’s theory covers the 8 stages of man, whichRead MoreErik Erikson s Stages Of Development1608 Words   |  7 Pages The Psychosocial Development The View on Erik H. Erikson s Stages of Development Frank Phan Cosumnes River College Psychology 300 Abstract This paper will touch over the aspects of Erik H Erickson s eight stages and how they affect everyday lives from infancy to adulthood. The paper will go over the approximate ages and the psychosocial crisis that they will eventually come to. Neglecting a child can lead to a cause of mental negligence in the form of Arrested Development. Within different

Strategic Management for Portfolio Analysis- myassignmenthelp.com

Question: Discuss about theStrategic Management for Portfolio Analysis. Answer: Introduction Strategic management can be defined as the process in which different plans are developed and implemented with an objective to carry out the smooth flow of business operations and accomplish different goals(Bettis, Ethiraj, Gambardella, Helfat, Mitchell, 2016). The present reports explain the key advantages and disadvantages linked to portfolio analysis. The role of corporate parenting in enhancing a firms overall corporate strategy is also reflected in this report. Main Body Describe the Advantages and Disadvantages of Portfolio Analysis Portfolio analysis can be termed as an efficient process which allows businesses to carry out the systematic analysis of their services and products offered. Furthermore, portfolio analysis is conducted by companies with an objective to identify the performance of their investment portfolio with regards to areas such as risks and rate of return. The key advantage of carrying out portfolio analysis is that it supports businesses in managing risk and return efficiently. In addition to this, it assists corporations to conduct an adequate evaluation of their different business unit and helps in accurately allocating resources. On the other side of this, it can be critically argued that the process encourages companies to carry out the separation of their products, services, and business units and this is very time consuming and complicated process(Hill, Jones, Schilling, 2014). Another disadvantage of portfolio analysis is that the analysis depends entirely on forecasting and it is not necessary that prediction provides accurate and correct information every time. Companies can make use of portfolio analysis to identify the current position of their products in BCG matrix. For example, it can render organizations with information that some products lie in the category of dogs which indicates low market share and low growth rate of products. Based on the information collected, companies can take corrective measures through portfolio analysis. Explain how Corporate Parenting can Contribute to an Effective Corporate Strategy Corporate parenting can be termed as the process in which the corporate headquarter of a company takes care of different business sub units. It can be expressed that corporate parenting directly contributes to development and implementation of the effective corporate strategy. For example, SWOT analysis of different business units can be carried out by corporate headquarters of the company. The analysis is considered as a crucial and integral part of corporate parenting and helps companies to identify the key strengths and weakness of every unit. Furthermore, the analysis also discloses the opportunities and threats present in front of units(Bettis, Gambardella, Helfat, Mitchell, 2014). Based on the information collected, Corporate headquarter can develop an effective corporate strategy which can contribute to long term growth and success of every unit. Strategies can be drawn up by corporate headquarter to overcome weakness and deal with critical threats. Describe the Two Types of Diversification Strategies Related and unrelated are the two different types of diversification strategy which can be taken into consideration by the strategic audit firm. According to the related diversification strategy, the company will be required to introduce the new line of existing products and services within existing markets. It can be evaluated that the core benefit of related diversification strategy is that here the risk associated with products failure is quite small. The company offers new range of existing products in the market which it is already aware of. Unrelated diversification is the strategy in which company add on the new product line and enter a market which is entirely new(Menz, Kunisch, Collis, 2015). It can be evaluated that the use of unrelated diversification strategy will support the company to enhance its market share by acquiring new customers. However, it can be critically argued that effective management of all resources and proper planning is essential for the business to achieve success through unrelated diversification strategy. The Roles each of the four Vertical Growth Integration Strategies Forward integration strategy According to this vertical growth strategy, companies rely heavily on different intermediaries to sell its products and services. The intermediaries are generally in the form of retailers and distributors. In the overall corporate strategy of the firm, Forward integration strategy plays a vital role in situations where companys existing system of distribution is expensive and not reliable. Backward integration strategy It can play a significant role in enhancing the overall corporate strategy of a business enterprise in situations where existing suppliers of the company are not sufficient enough. Furthermore, the approach is also beneficial in conditions where the total number of vendors is very less(Hollensen, 2015). Taper integration It can be termed as the strategy in which half of the production is carried out by the company, and the remaining is being bought from suppliers. Taper integration can enhance the corporate strategy by providing the opportunity to lower down the operational cost. The rationale behind this is that where companies make use of suppliers resources for production. Quasi-integration - As per this strategy, organizations purchase outlets of its goods to carry out the smooth flow of all operations(Morschett, Schramm-Klein, Zentes, 2015). Quasi-integration can enhance the corporate strategy of the company by allowing it better access to the existing markets. Conclusion It can be concluded that portfolio analysis has different advantages and disadvantages which need to be taken care by companies. Furthermore, corporate parenting and vertical growth strategy can directly contribute to the enhancement of the corporate strategy. References Bettis, R. A., Ethiraj, S., Gambardella, A., Helfat, C., Mitchell, W. (2016). Creating repeatable cumulative knowledge in strategic management. Strategic Management Journal , 257-261. Bettis, R., Gambardella, A., Helfat, C., Mitchell, W. (2014). Quantitative empirical analysis in strategic management. . Strategic Management Journal , 949-953. Hill, C. W., Jones, G. R., Schilling, M. A. (2014). Strategic management: theory: an integrated approach. Boston: Cengage Learning. Hollensen, S. (2015). Marketing management: A relationship approach. New York City: Pearson Education. Menz, M., Kunisch, S., Collis, D. J. (2015). The corporate headquarters in the contemporary corporation: Advancing a multimarket firm perspective. . The Academy of Management Annals , 633-714. Morschett, D., Schramm-Klein, H., Zentes, J. (2015). Strategic international management. New York City: Springer.