Leadership styles of three leaders Term Paper Example | Topics and Well Written Essays - 750 words

Authority styles of three pioneers - Term Paper Example Official A was unassuming and he never assumed the praise of the achievement, yet additionally thought about his partners for the accomplishment of his organization. He had the propensity for taking the faults on his own shoulders. This nature of Executive A makes him a Level 5 pioneer. Level 5 pioneers don't have the propensity for looking for progress for the wonder. They modest away when they are applauded, however they take significant and dangerous choices valiantly. A level 5 pioneer is viewed as an incredible pioneer that has all the administration characteristics with a mix of lowliness. Initiative of Leader BLeader B additionally thinks about that when a subordinate submits botch, it is exclusively his obligation and he ought to be rebuffed for such deed. Pioneer B is an assignment situated pioneer. He determines the errands and objectives that must be accomplished. In this type of authority style, close management and control can be seen. He additionally has value-based aut hority characteristics since he uses his capacity to compensate or rebuff representatives for their exhibition or errand. An exchange chief leads his group and has the ability to assess, prepare and amend his subordinates. He compensates viably for good exhibitions yet additionally doesn't endure awful performance.Leadership of Leader CLeader C follows the objectives and targets of Executive A. He invites worker criticism and rouses them to make incredible progress. He defines significant standards for the subordinates with the goal that they try to accomplish them. He needs to be a coach for his workers rather their boss.... He had the propensity for taking the faults on his own shoulders. This nature of Executive A makes him a Level 5 pioneer. Level 5 pioneers don't have the propensity for looking for progress for the magnificence. They bashful away when they are applauded, however they take significant and dangerous choices courageously. A level 5 pioneer is viewed as an extraordinary pioneer that has all the initiative characteristics with a mix of lowliness. Authority of Leader B Leader B additionally thinks about that when a subordinate submits botch, it is exclusively his obligation and he ought to be rebuffed for such deed. Pioneer B is an errand situated pioneer. He indicates the undertakings and objectives that must be accomplished. In this type of initiative style, close oversight and control can be seen. He likewise has value-based administration characteristics since he uses his capacity to compensate or rebuff workers for their exhibition or errand. An exchange chief leads his group and has the ability to assess, prepare and amend his subordinates. He remunerates viably for good exhibitions yet in addition doesn't endure awful execution. Administration of Leader C Leader C follows the objectives and destinations of Executive A. He invites representative criticism and rouses them to make extraordinary progress. He defines significant standards for the subordinates with the goal that they seek to accomplish them. He needs to be a guide for his representatives rather their chief. He tunes in to his colleagues and takes their input to realize positive changes in the association. So Leader C has transformational administration characteristics. He can rouse workers and drive them towards the accomplishment of the organization and furthermore their individual accomplishment. He has the characteristics to realize

Novartis Environmental Analysis Case Study Example | Topics and Well Written Essays - 1000 words

Novartis Environmental Analysis - Case Study Example With the end goal for Novartis to accomplish greatness in its universal markets, it has utilized innovation to encourage development in tranquilize assembling and advancement. Therefore, the organization has had the option to adjust adequately to the innovative condition for greatness and viability in accomplishing its objectives and targets in the market. Universal Factors Since Novartis’ pharmaceutical business is internationalized, worldwide or global elements significantly affect its tasks (Pharmawatch 15). This incorporates the powers of globalization which has made worldwide organizations to follow the adjustments in universal markets. In such manner, it is intelligent that the turns of events and changes in the pharmaceutical organizations over the world have an impact on the activities of the organization. Because of the universal variables, Novartis has had the option to frame mergers with worldwide organizations (Novartis AG 154). Also, the global powers in the work showcase affect the enrollment and worker maintenance practices of the organization. Political Factor Political hazard is identified with all types of global business. This is because of the political powers which are probably going to affect the activities of an organization in its universal market. For instance, changes in governments would have a negative or positive effect on the business exercises and accomplishment in a particular market and economy. On account of the unavoidable political powers, Novartis has occupied with political hazard evaluation in the universal markets and economies in which it means to wander into (Global Pharmaceuticals 129). The evaluation of political hazard is planned for permitting the organization to have the option to decide the potential changes in the world of politics which are probably going to prompt negative ramifications on its business exercises (Andreas 1). Through this appraisal, precise and educated key choices are made in the company ’s internationalization program for its pharmaceutical business (PR Newswire 1). Social Factors The social situations which include the way of life, religion, convictions and practices of a general public fundamentally influence the accomplishment of a universal organization inside a particular market (Fair Disclosure Wire 1). The pharmaceutical business in described by unavoidable ramifications from the social condition which remembers the convictions of a general public for the utilization of regular medications rather than the strict conventional ways to deal with recuperating (Novartis AG SWOT Analysis 7). It is in this feeling it is apparent that the achievement of Novartis in different medication advertises over the world relies upon the social elements. It is subsequently intelligent that Novartis utilizes socially, socially and strictly adequate structures and procedures of promoting correspondence for its medications so it would comply with the qualities and convicti ons of the general public inside which it works its business (Datamonitor 5). Biological Factors There are environmental dangers which internationalized pharmaceutical organizations face in their tasks. These incorporate conceivable eco-poisonousness and corruption of woodlands in the extraction of crude materials for the creation of the earth (Franchini 6). Novartis has thusly utilized concoction investigation procedures to guarantee that its items are not hurtful to the earth in which it operat

Fig. 4 Study with me!

Fig. 4 Study with me! Grüezi mitenand! Thought Id give you all a quick update on how life is  6014 km away from the Tvte. Time flies (seriously), and Im already returning back to the US end of next week. This week is also the last week of lectures here at ETH Zürich. But, the semester technically doesnt wrap up until the 31st of August. Youre probably thinking, what? Ich auch. There are two main exam periods at ETH: the End-of-Semester and the Session Examination block. Most courses have exams during the Session Examination block that falls throughout the month of August, offering students the luxury of having the entire summer to revise and giving the school enough flexibility to schedule everyones exams so that none will conflict. That is a far cry from the reading period of one day we get at MIT. However, that means that students at ETH dont necessarily get a summer break or have the opportunity to do internships, MISTI, or UROPs. For the 6 courses Im taking this semester, I have 1 End-of-Semester exam Im taking the day before I fly home, and 2 session exams in mid-August. 2 of my courses are project-based. For those 2 classes, my project groups just finished our presentations this week. We still need to write final papers due in mid-June to count for the majority of our marks. For my German course, we had our final exam last week. As an exchange student, I was able to request to take my 2 session exams as distance examinations. Throughout the summer, Ill be interning in the US, and wont be able to fly back to take the exams. Other MIT exchanges have arranged preponements, a fancy term for moving the exams to an earlier date. Preponements usually only work for oral exams, but I (fortunately or unfortunately?) didnt have any of those. That means, though, with 2 papers still to write and 2 exams still in August, Ill have to spend my summer continuing to work and study. The term hasnt quite ended yet! To give you guys a quick look at what a day in my life looks like here in Switzerland, I thought itd be fun to put together a study vlog captured during a recent weekend, here: Enjoy! (I also have over 130GB worth of photos from this year alone, so look out for many more picture-heavy posts to come!)

My Journey Within The Clinical Mental Health Program At...

Final Self-Evaluation Although my journey within the Clinical Mental Health program at the University of Scranton has come to an end, however, my journey to become a licensed professional counselor is still underway. As I tie up loose ends by handing in time sheets and remaining assignments, I find myself in a reflective peaceful space. As I look back over the years that I have spent within the program perfecting my craft, I can’t help but think that I am truly blessed. It is one thing to choose a career, but it is another to answer a calling. I say with great conviction, that I am blessed to be called to such a meaningful purpose. It is only by the grace of God that I can look back and see the person that I have matured into, not only personally but professionally. I remain humble and grateful for the opportunity, not only to reflect but, to have made it through this part of my journey. I started this program excited, yet, full of self-doubt and now in my last semester, I can gladly report that I am lesser of the two. Over the years, I have embraced challenges and endured self-doubt and it is through my internship that I have felt growth in solidifying my self-confidence. With this developed confidence I prepare to embrace the next chapter of my career with greater excitement and enthusiasm. This semester of internship has provided me with the opportunity to hone my skills, and similar to a potter s touch, smooth out and shape my growing edges. My goals for this semester

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Discrimination at workplace based on gender and ethnicity Free Essays

Imagine being stuck in the same job without proper compensations, or being thrown out of the job one fine day and being replaced by someone, you know hardly measures up to the fine standards you maintain, just because you do not look good, or you have physical ailments, or the other person is a pretty looking female, and you are a male, or simply because you are being replaced by a younger, ‘energetic’ person, whose age replaces your experience and competence. This is a thought that scares millions of workers and professionals as they set out for to earn their daily bread and feed their dependants. The thought that this day may be their last day at work and not due to their own fault can be a thought very scaring indeed. We will write a custom essay sample on Discrimination at workplace based on gender and ethnicity or any similar topic only for you Order Now The ‘big boss’ literally rules your life and these are things that must change for the better. Is it fair to judge a person and his professionalism solely on the basis of his colour, age, sex, ethnicity, and sexual tendencies? How does it matter whether I was born in Africa, India or New York; why should it matter if my skin is black, brown or white; is being 45 years old a crime; why should one be prejudiced against if he/she has feelings for the same sex. In the end it should be the professional competence and the attitude to success that should replace these trivial feelings. Work place discrimination encompasses a spectrum of situations. It may range from sexual discrimination to sexual harassment, even work place bullying. It is pertinent here to define three commonly misinterpreted terms, ‘unlawful discrimination’, ‘unlawful harassment’ and ‘workplace bullying’. As detailed on the Human Rights and Equal Rights Commission (HREOC) website, unlawful discriminations implies a deliberate attempt to sideline a person in favour of others solely because of his age, sex, religion, ethnicity or pregnancy status, and other factors outlined above. Similarly ‘unlawful harassment’ has been defined in the same website as â€Å"Under federal and state legislation unlawful harassment occurs when someone is made to feel intimidated, insulted or humiliated because of their race, colour, national or ethnic origin; sex; disability; sexual preference; or some other characteristic specified under anti-discrimination or human rights legislation†. Work place bullying relates to â€Å"the repeated less favourable treatment of a person by another or others in the workplace, which may be considered unreasonable and inappropriate workplace practice. It includes behaviour that intimidates, offends, degrades or humiliates a worker†. In the text a more detailed analysis with suitable situations will be mentioned. There should not a ‘wrongful termination’, which is the dismissal of an employee, when he did not deserve it. Workplace discrimination on the basis of gender When a deliberate attempt is made to downgrade a person solely on the basis of gender, and this goes against the contractual agreement, it constitutes a ground for appeal (Allison Taylor, Inc). It may be intended directly or indirectly as unintended rules. It may be ‘Disparate Treatment Gender Discrimination’, where a person is treated differently simply because of his gender. An example of this could be a situation where a male employee gets a better pay package than his female counterpart on the unfounded premise that he works more than her. It may be the other way round, that a female secretary gets more leaves from the boss, while her male counterpart is denied any leave. A slightly more complex situation is that of ‘Disparate Impact Gender Discrimination’, where there is has been an unintentional process involved. This can be understood in the context of employment in the armed forces, where though the rules of entry may be the same for both the sexes, yet, for some particular situations, like war, special rules may have been set, such that it becomes difficult for female soldiers to qualify. There may be a frank situation of sexual harassment, where promotions are linked to gaining special favors, usually sexual in nature, from the person of opposite sex. As shown in the cine-film,† Disclosure†, where the female boss deliberately denies opportunity to the male professional, because he refused sexual favors. There may be harassment from the same sex, where in the female boss, feeling threatened sexually by the entry of a petite secretary or a colleague, deliberately insults her in front of others, in effect creating a ‘hostile environment’. There is an interesting entity known as ‘Quid Pro Quo Harassment (district attorney . com). This refers quiet simply to trade in terms of sexual favors. In this situation the availability of sex is the prime requisite to continue work. It may also mean, that the job is denied to a suitable candidate, if sexual favors are denied. A hostile environment is one where the employee is challenged mentally and emotionally due to repeated exposure to offensive materials such as crude jokes, pornographic material (HREOC website). This does not allow the employee to settle down to the best of his/ her abilities. Of course, just because offensive language is used, or sexual advances are made, does not qualify simply as workplace discrimination. If such activities are carried out in concert with the said employee, there is no ground for case against the office. A female employee may readily consent to go out on a date with her colleague, but later if she alleges sexual harassment, this does not constitute ground for appeal. These are some situation of unlawful discrimination. There are other situations like prejudice in selecting a particular employee for promotion, or training, or dismissal. A female employee, doing the same work, may be receiving lesser pay. Under the Equal Pay for Equal Act (Safety. com) every person doing similar work should be paid paid equally. An interesting aspect is that strictly speaking sex and gender are considered different by pure semantics (workplacefairness. org). Sex is anatomical identity of the person, while gender refers to how the person perceived himself/ herself. Other spectra of workplace discrimination. Discrimination on the basis of age – in the AARP website, a reference to the Age Discrimination in Employee’s Act (ADEA) is mentioned. According to the law, if discrimination has been done to a person above 40 years of age on the basis of his age, it is illegal. It may be in the form of not being selected for the job inspite of being qualified in favor of a younger person, or it may be denial of promotions on the basis of age. Such a situation may also arise if the older employee is dismissed by the company in favor of a younger person, so that the new employee is paid less. A larger number of Racial discrimination – The colour of the skin of the person, or the company a person keeps, should never constitute grounds for prejudice. Action against someone for dating a person of different culture, constitutes grounds for appeal (www.districtattorney. com). Pregnancy and marriage discrimination- pregnancy is a temporary disability and is considered so (workplacefairness. org). Any discrimination on the above is wrong and punishable by law. If a female employee is treated differently because of her marriage than one who is married, the affected employee is right in taking action against the employer. Discrimination on basis of nation of origin. In the United Stated, only federal reserved jobs can be advertised as â€Å"for US Nationals Only†. Any other job is open for any individual who has gone through the mandatory requirements of the US Government (districtattorney. com) The opposing view Till now we have considered numerous points against the policy if discrimination, but to better understand the complex situation, a point in favour may also be taken, and indeed valid arguments may be put up. For example, any firm, be it government or private, has the right to employ the best professionals in order to further its interests. Thus if the company feels, that a person is getting old, and does not enthuse the same enthusiasm as he used to, it may be argued that it is within its rights to employ someone it feels is young and dynamic and ready to face challenges. It thus breeds a feeling of intense competition that brings out the best in the professional, forcing him to work better. This ‘on the edge’ feeling will foster a will to perform better. Hazardous jobs like army, fire fighting service and the police, need tough physical labour and often there is a real threat to the personnel. It is a fact that men are physically better equipped to face these situations. Thus these institutions may feel that by getting only the best for the job, will help important services like the army and police perform the tasks of fighting and security better. Again the company may feel, that a lady who is pregnant, or who has delivered recently, will not be able to give the commitment that is required. Long hours that a company demands, may not be possible fort the lady. Thus this situation can be argued both ways Summary. It is inhuman to deny a human being the opportunity to succeed in life, and prove himself. Thus why it should make a difference that he is black, or white, or he is above forty, especially when the person is qualified for his position, is incomprehensible. No argument is possible to defend someone who denies a job to a woman, just because she is married, or has delivered. Pregnancy is a universal truth, how can society be so cruel. All said and done, work place discrimination is a blot on the very existence of society, and all measures, be it legal, or legislative must be taken to ensure that this does not take place. How to cite Discrimination at workplace based on gender and ethnicity, Papers

Business Innovation Through Open Data †Myassignmenthelp.Com

Question: Discuss About The Business Innovation Through Open Data? Answer: Introduction This research program has been conducted on the topic Business Innovation through Open Data. Open data is widely used by businesses for enhancing the performance of the business. Increasing use of open data in the business environment has changed the manner in which business uses data. The efficiency of business gets improved with the use of open data. This research will discuss the concept of open data for developing knowledge regarding this concept. It will also discuss the use of open data by business for enhancing its performance. Project objective Project objective has been decided for guiding the efforts of the research program in the right direction. This research program has been executed with a motive to analyze the role of open data, develop an understanding of open data and its contribution to enhancing the performance of the business. Business is using open data for making changes and adopting the changes taking place in the business environment Project scope The scope defines the aspects which will be covered in this research project for developing a better understanding of these aspects. This project will cover the discussion regarding the concept of open data and increasing use of open data by business. The discussion will be made reading the open data forming a base for business innovation. Businesses are using open data as it has contributed towards the growth of the business. Literature review According to McKinsey Company (2013), Open data can be explained as the data which is freely available to everyone and can be used for enhancing the performance. There is no restriction on the use or use of the open data available for the use of the public. Open data is being promoted in this dynamic business environment for the purpose of promoting transparency. Open data has provided support to the business operations by providing valuable information to the business. The impact of open data can be seen in the growth of the business as well as enhancement in the efficiency level of the business. Open data has created an impact on the economy, society, and performance of the business. Open data has provided an open source, open content and open access to the business which has helped in gaining better and deeper knowledge and making decisions in a decentralized manner. The impact of open data can be seen on participation, innovation, self-empowerment, transparency and democratic co ntrol, improved products or development of new products and better decision making (Lakomaa Kallberg, 2013). Open data has been made available free and without any restrictions for promoting transparency, efficiency, and innovation. Sharing of the data has reduced the wastage of resources by avoiding duplication of efforts and resources. Use of open data by the business has resulted in providing new opportunities to the business. Value of the information has increased due to open data and it can be utilized by the business for implementing innovations. Different companies are using open data with a motive to develop innovative products for the fulfillment of the gaps identified in the market, generating better results and increase the profits (Zuiderwijk Janssen, 2014). Open data is being used by the companies with a motive to gain the advantage of the gaps identified in the market. These gaps help in identification of the opportunities available in the market and result in innovative products or services produced by the business. Most important aspects of open data are its free availabili ty for all (Shadbolt, et. al., 2012). For example, OpenCorporates is the biggest open database of company information of the world. It has incorporated the data of more than 98 million companies in numerous jurisdictions. Detail of every corporate entity can be retrieved from the open data of OpenCorporates (Jee, 2016). In the words of Juell-Skielse, et. al. (2014), different sectors of the business environment are using open data for bringing innovations in the products or services or in the manner business is operating. These different sectors include education sector, business and legal services, food and agriculture, healthcare, governance, energy, finance and investment, transportation and housing and real estate. With the improvement in the open data available has helped in providing better opportunities to the business. Open data has formed a base for the growth, development, and innovation in the different economies of the world. Business needs information related to the customers, competitors, business environment, different elements present in the external environment of the business, suppliers, and society. Open data has enabled the business to gain information related to all these aspects for enhancing the performance by adopting an innovation. Open data has enhanced the usability of the data for the business (Jetzek, et. al., 2014). For example, FoodTrade which is an online platform used for bringing more than 1600 local food producers for the purpose of the map down the supply chain and enhance transparency with the customers in the food sector. Food Standards Agency data has been used by FoodTrade for ensuring that the menus are complying with the rules. This has acted as an innovation in the sector (Jee, 2016). According to The World Bank (2014), use of open data has enhanced the growth rate of different industries and bringing innovation in the companies operating in the different industries. Use of open data has contributed towards the potential economic value, providing benefit to the customers of the business, enhances the opportunities available to the business, enhances the accuracy of the information and brings innovation. Businesses are using government open data and use of this government open data helps in identification of the opportunities and threats. Open data has increased the efficiency level and reduction in the cost which has acted as an innovation process bringing innovation in the business. For example, UPS has used open data for deciding routes for the drivers of the company. Open data has acted as a driven force for the innovation and creation in the business. Other advantages of using open data to business include enhancing the reputation of the business, reaching cus tomers in an effective manner, customising the products or services as per the needs or expectations of the customers and better decision making (Gayler, 2012). Different views have been presented by different authors on the use of open data. The government of different countries is providing open data to the companies to encourage innovations in the business. Data is an important element for business which shapes their performance and chances of growth and success. Innovations take place from the gaps present in the market. Information needs to be gathered related to the market for analyzing the reasons behind the gap (Omidyar, 2014). These reasons enhance the chances of innovations in the business. New ideas are created for meeting the expectations of the customers which gives birth to innovation. Different types of innovations take place due to the free availability of information. On the other hand, open data has created an adverse impact on the confidentiality of the business. It has also affected the reputation of the business in a negative manner. Several risks can be faced by the business as their confidential data can be seen by oth ers and use by others for their interest (Castro Korte, 2015). As per the report of Deloitte (2012), a new start is offered by open data in the form of economic reform and enhanced productivity. The availability of wide data free without any restriction results in use and reuse of the information for implementing changes in the business. Quality of the products or services can be increased with the use of information available. Open data has created different elements of the economy in a positive manner. It has promoted trade, enhanced employment level, reduction in corruption activities, promoting the growth of private sector, enhancement in the investment, financial regulations and economic growth. On the contrary, there are few complexities available to the open data innovations which can adversely affect the business (Asia News Monitor, 2014). These complexities include changing aspects such as legal environment, technology, and trend. Business must be capable of using the open data available in an effective manner for innovations. The conce pt of open data can create harm to the confidentiality of the business which can result in financial loss or affect the reputation of the business. Use of the open data cannot be predicted by anyone as the use depends on the manner in which individual or business uses the information (ENPNewswire, 2014). Research programs are conducted by the businesses for collecting data related to the market or the needs and requirements of the customers. This need of business is met by open data which is available to business and enhances the performance of the business. Open data has reduced the efforts of business for conducting research for the analysis of the trend of the market and collection of information related to the competitors. Innovation is an important aspect of business which enhances the manner business is operating as well as enhances the customer base of the business. Innovations and improvement in the existing strategies are the objectives of the business which can be easily attained with the help of open data (Janssen Zuiderwijk, 2014). Companies operating at international level require data related to the international market they are operating in. This need of the business is fulfilled with the help of open data. It has strengthened the capabilities of the business. For exa mple, Spend Network is providing services of data analysis for the forecasting of pricing and timelines of the business. It has helped in making the business understand the trends of the market and identify the opportunities for gaining the advantage of these opportunities (Jee, 2016). Open data can be used by the businesses for analyzing their own performance and satisfaction level among the customers of the company. Business can innovate the products on the basis of the information collected. Open data can be used by the businesses for the purpose of identification of the potential market for the business. Business requires information for making decisions regarding the operations of the business. Access to open data has provided new opportunities to the business. Open data has helped in the analysis of the need for new products which can be produced by the business for bringing innovation (Lakomaa Kallberg, 2013). It has removed barriers for small businesses as it is difficult for small business to conduct research activities for the collection of data related to the changing aspects of the business environment. Entry procedure for the small business entering the market has become easy due to the open data. For example, an application Cropp was developed with a motive to alert the farmers regarding the status of the crops grown on their fields (Jee, 2016). Information is the most important asset for an organization as this information helps in the implementation of changes and innovations in the product. Open data is a store of information related to different aspects of the business environment. Open data has provided support to the innovative services and applications. For example, transportation related data is openly available which has been used by developers for the purpose of developing innovative services. Google, Openstreetmaps, and Uber have used open data for providing innovative services to the customers (Jee, 2016). Government is providing support by encouraging the use of open data for developing innovative products or services. Open data has created an impact on the innovation process in numerous ways. Different opportunities are provided by open data to business and these opportunities include delivering better services at a low cost, stimulation of the growth of business as well as for economy, providing business insig hts for comparative analysis, engaging the industry and customers and providing new and innovative services (Smith, et. al., 2014). Business innovations are the result of problems or issues faced by the customers. Business analyses the problems of the customers with the help of open data for implementing the decision of innovation. Ideas for the new products are based on information gathered with the help of open data. Initiatives have been taken by the government for providing benefit to the business and people. Open data is acting as a catalyst for innovations. Businesses are capable of gathering data related to the potential markets. Open data has promoted transparency which has helped in a reduction in the corruption (Katzner, 2015). Customers are more aware of the information related to business. Improvement in the services offered to the customers is another advantage of using open data as it has provided information of the business. Innovation and economic value are the main targets of open data. Data can be collected for the identification of the issues which are present in the business environment. It is a less expensive way of collecting data related to the business and different aspects of the business. Market research activities incur a huge cost for business as well as consume time and efforts (Janssen Zuiderwijk, 2014). The contribution of open data can be seen in the form of increased productivity and capability of the business. More feasible decisions are taken by the business by using the information available on the open data network. A check is kept on the quality, authenticity, and reliability of the information which enhances the performance of the business. There are key five principles of open data which has promoted innovation and transparency. These five principles include providing high-quality data and in huge quantity, ensuring the usability of data by everyone, releasing data for innovations, offering open data and ensuring reusability of the data (Shadbolt, et. al., 2012) Conclusion Thus, from the above discussion, it can be summarised that open data has played a vital role for the businesses as it has enhanced the chances of growth as well as helped in identification of the gaps in the market. Open data has made a wide range of information available to the businesses which have provided an opportunity for the businesses to attain benefit from the opportunity. Innovations are taking place in the business environment due to the identification of the gaps in the market. References Asia News Monitor, 2014, New Open Data Project to Support Business Innovation and Transparency in the Caribbean,Asia News Monitor. Castro, D. Korte, T., 2015, Open Data in the G8: A review of progress on the open data charter, Center for Data Innovation. Deloitte, 2012, 19 innovative UK companies using open data | UK open data financial accounting , Deloitte. ENPNewswire, 2014, WB- New Open Data Project to Support Business Innovation and Transparency in the Caribbean,ENP Newswire. Gayler, M., 2012, Open Data, Open Innovation and the Cloud, Open Government Data Initiative. Janssen, M. Zuiderwijk, A., 2014, Infomediary Business Models for Connecting Open Data Providers and Users,Social Science Computer Review, 32(5), pp.694711. Jee, C., 2016, 19 innovative UK companies using open data | UK open data businesses, Techworld. Jetzek, T., Avital, M. Andersen, N. B., 2014, Data-Driven Innovation through Open Government Data, Journal of theoretical and applied electronic commerce research, Vol. 9, No. 2. Juell-Skielse, G., Hjalmarsson, A., Juell-Skielse, E., Johannesson, P., Rudmark, D., 2014, Contests as innovation intermediaries in open data markets, Information Polity, 19(3, 4), 247262 Katzner, T., 2015, Do Open Access Data Policies Inhibit Innovation?,BioScience, 65(11), pp.10371038. Lakomaa, E. Kallberg, J., 2013, Open Data as a Foundation for Innovation: The Enabling Effect of Free Public Sector Information for Entrepreneurs, IEEE. Lakomaa, E. Kallberg, J., 2013, Open Data as a Foundation for Innovation: The Enabling Effect of Free Public Sector Information for Entrepreneurs, IEEE, 1, pp.558563. McKinsey Company, 2013, Open data: Unlocking innovation and performance with liquid information, McKinsey Company. Omidyar, 2014, Open for Business: How Open Data Can Help Achieve the G20 Growth Target, Omidyar Network. Shadbolt, N., OHara, K., Berners-Lee, T., Gibbins, N., Glaser, H., Hall, W. Schraefel, M., 2012, Linked open government data.IEEE Intelligent Systems27(3), 1624. Smith, M.L., Reilly, K.M.A. Benkler, Y., 2014,Open Management Development Networked Innovations in International Development, Cambridge: The MIT Press. The World Bank, 2014, New Open Data Project to Support Business Innovation and Transparency in the Caribbean, The World Bank. Zuiderwijk, A. Janssen, M., 2014, The negative effects of open government data Investiating the dark side of open data,Proceedings of the 15th Annual International Conference on Digital Government Research.