This website uses cookies to ensure you have the best experience. Learn more

Aes Value Essay

1125 words - 5 pages

AES Corporation operates from a strong foundation of shared values in providing clean and reliable energy. AES was accustomed to fulfilling one of four shared values, being socially responsible, by adhering to an environmental view of providing clean energy through the implementation of high technology and off-set programs. During the project in Orissa, India, AES may have missed an opportunity in creating synergies between all four values – act with integrity, be fair, have fun and be socially responsible, by addressing collective needs of the local community.

AES’s Values
AES Corporation should be commended for its strong commitment to its shared values and principles of ...view middle of the document...

The State of Orissa had already approved the PC boiler design meeting a lesser environmental standard as required by the World Bank and India’s Central Electricity Authority.
By incorporating a more expensive and higher environmental standard CFB boiler design, AES would adhere to their values of being socially responsible but the issue is not to feel good but to do the greatest possible good.
The action of being socially responsible is noble but sometimes the consequences of our actions can be conflicting and wasteful. AES should not apply western values by incorporating solutions such as implementing USA standard technology in developing countries, or planting trees miles away from the host community. This approach misses the ultimate goal of social betterment; instead, it could be perceived by the people of developing countries as a misunderstanding of their needs, and lack of consideration to their priorities, since they cannot directly benefit from the action. The State of Orissa, India was an underdeveloped state with a literacy rate of 48%, and 45% of the population was malnourished and with the majority of the population lacking access to clean water, such as precarious conditions demand different solutions.
One of my recommendations is that AES should clearly state social responsibility policies for underdeveloped countries like Afghanistan, developing countries like China and over developed country like USA. A second recommendation is to take a holistic approach understanding the social needs of the local community and prioritize its needs against cost and results. And about the Orissa case I think that AES should not default by applying western technology standards for clean air. They may feel good about implementing high technology, cleaner emission boilers, but the local community is not primarily concerned with air quality as their laws and regulations may indicate.
AES would serve the people and community of Orissa by surveying and assessing the demographics of the community and taking a deeper view of the issues that people face every day in order to survive. After surveying the community it would be very clear to the team that the most critical need is clean water, a proper working sewage system, and good jobs that provide basic needs. Building a water treatment plant and improving sewage system will remarkably increase living conditions -- improve people’s health, life expectancy and productivity, and will provide more jobs. Moreover, these are more...

Other Papers Like Aes Value

Testing the Waters Essay

586 words - 3 pages appliances in Asia Walmart’s globalization; experiences in Latin America, Asia, Europe Carrefour: successes and failures in globalization Mittal’s growth in steel industry; industry consolidation AES growing in electricity generation industry; globalization; industry restructuring Consolidation in the electric utility industry in the US Consolidation in the aluminum industry Consolidation in the automotive industry: Fiat+Chrysler, Daimler

Desai Finance Function in a Global

2253 words - 10 pages institutional and managerial forces in three critical functions: financing, risk management, and capital budgeting. Financing in the Internal Capital Market Institutional differences across a company’s operations allow plenty of scope for creating value through wise financing decisions. Because interest is typically deductible, a CFO can significantly reduce a group’s overall tax bill by borrowing disproportionately in countries with high tax rates and

Rar - What's New In The Latest Version

2482 words - 10 pages -create the archive if original files are still available, but not as a reason to avoid "Repair" command. 6. Changes in RAR 5.0 encryption algorithm: a) encryption algorithm is changed from AES-128 to AES-256 in CBC mode. Key derivation function is based on PBKDF2 using HMAC-SHA256; b) special password verification value allows to detect most of wrong passwords without necessity to unpack the

Valuation Portfolio Management

6144 words - 25 pages lambda and its p-value, we get the statistic chart. (see chart below, also in the “regression_lambda” sheet “K66:X70”) factor parameter Up sigs down Sigs no sigs BETA ajusted sec10 adjusted sec15 ajusted sec20 adjusted sec25 ajusted sec30 adjusted sec35 ajusted sec40 adjusted sec45 ajusted sec50 adjusted sec55 ajusted b/p ajusted lncap ajusted 0.006689456 0.007141129 0.009039646 0.010761238 0.014481857 0.009554735 0.009341183

Visionary Design Systems

1461 words - 6 pages  Applications Engineers: nearly identical to sales reps  Specialists and Admin: 50 share options for individual improvement or ideas that benefit company o Quarterly – only Sales Reps and AEs – used to encourage sales in strategic areas o Annual - more customized and awarded in cash  Sales reps: company wide bonus for exceeding goals; individual bonus for exceeding individual quota  Applications Engineers: similar to sales reps  Specialists and

It255 Final Exam Study Guide

1487 words - 6 pages wrapping back to A? a. Transposition b. Vigenere c. Caesar d. Vernam Reference: p235 32. Identify a security objective that adds value to a business. a. Revocation b. Authorization c. Anonymity d. Message authentication Reference: p286 33. Which of the following is an asymmetric encryption algorithm? a. AES b. 3DES c. RSA d. RC4 Reference: p305 34. Identify a security principle that can be satisfied with an

Energy Crises In Pakistan

3117 words - 13 pages , Guddu 1655 MW Thermal Power Station, Jamshoro 850 MW Thermal Power Station, Larkana 150 MW Thermal Power Station, Quetta 35 MW Thermal Power Station, Pasni 17 MW Thermal Power Station, Korangi 316 MW Thermal Power Station, Bin Qasim 1260 MW Hub Power Project 1292 MW AES Lalpir Ltd, Mahmood Kot 362 MW Muzaffargar AES Pak Gen, Mahmood Kot 365 MW Muzaffargar Altern Energy Ltd, Attock 29 MW Fauji Kabirwala Power Company

Operating Systems

3380 words - 14 pages on classification. FCI helps customers save money and reduce risk by managing files based on their business value and business impact. Windows Server 2008 R2 includes many enhancements that enable you to more easily deploy and manage web applications. It offers an updated Web server role, Internet Information Services (IIS) 7.5, and greater support for .NET on Server Core. Additionally, IIS 7.5 provides a security-enhanced, easy-to-manage

Wireless Network

2018 words - 9 pages Wireless network Introduction Wireless mobile computing solutions adoption has been of benefit to government institutions and learning institutions among others. This is as a result of higher customer satisfaction and higher productivity. Wireless network is a computer network which is not connected by any cable. This assists business enterprises and organizations to avoid cabling value in a building. The network is implemented by use of

Case Of The Unpopular Pay

7368 words - 30 pages -reinforcing are these ideas tbat you almost bave to avoid mainstream business to get away from them. Perhaps that's why several companies known to be strongly committed to managing through trust, mutual respect, and true decentralization-such as AES Corporation, Lincoln Electric, tbe Men's Wearbouse, the SAS Institute, ServiceMaster, Southwest Airlines, and Whole HARVARD BUSINESS REVIEW May-June 1998 Foods Market-tend to avoid recruiting at

Coporate Finance

4626 words - 19 pages market phases based on portfolio betas. They concluded that most of the portfolios are affected by movement of share prices and trends in the market. So, beta is not stationary, they asserted. They are also of the opinion that predictability improves if the period of forecast is increased. Estrada (2000) analyzed 14 European stock exchanges whose findings revealed an increase in beta value when the data frequency was reduced. He further noticed

Related Essays

Case Study Aes

908 words - 4 pages methodology to calculate the different costs of capital for its different global projects. This case study examines how a global firm can account for different risks in evaluating its international operations and in investing overseas and determine how the adjusted cost of capital derived from the new methodology affects the value of a particular project. When starting the company, AES failed to develop proper strategy to take into account

Reaction Paper On Powertrip

1338 words - 6 pages website, the documentary film “Power Trip” by Paul Devlin depicts the challenges faced by the AES Corporation, an American energy company, during its attempt to operate an electric company in Tbilisi the capital of the former Soviet Republic of Georgia, a country that offered substantial economic potential. I strongly believe throughout this particularly interesting film there are several management lessons that relate these issues to the legal

Automated Election System Essay

2705 words - 11 pages Automated Election System Does automation = clean elections? Possible Problems: Preliminary Results Technical Briefing What is the AES? l “A system using appropriate technology which has been demonstrated in the voting, counting, consolidating, canvassing, and transmission of election result, and other electoral process” process” Public perception of the AES It would lead to clean elections l Cheating would be impossible in an

Nationalization &; Expropriation Essay

1277 words - 6 pages , pledging to create a socialist state in a bold move with echoes of Fidel Castro’s Cuban revolution. The nationalization appeared likely to affect Electricidad de Caracas, owned by Arlington, Virginia-based AES Corp., and C.A. Nacional Telefonos de Venezuela, known as CANTV, the country’s largest publicly traded company. According to James of the Associate Press, “Investors with sizable holdings in CANTV’s ADRs include some well-known names on Wall