The Role and Responsibilities of a Supervisor

Introduction

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Supervising is like parenting. These are two of the most important jobs any one can do, but few people are adequately prepared or trained to do them. Most people learn by trial and error with varying degrees of success. But both jobs are far too important to be left to chance and the good news is that you can learn with some help and guidance how to be successful in them. This article will help you to be a more effective and efficient supervisor.

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Supervisor's Role

In one sentence, write down what you think your main role as a supervisor is.
A role is a main activity or two that you are charged with undertaking

The answers could be:
· Provide leadership and collaborative direction to my staff;

· To be a team leader

· To ensure my staff have the human and physical resources to undertake their work in an efficient manner
Supervisor's Responsibilities

Learning Activity

What are your main supervisory responsibilities in your present job?
List them on a separate piece of paper (you should have 8 to 12). It is sometimes easier to think of these under two main headings: (a) job related and (b) people related.
Once you have a list, then rank them in order of importance.
When you have completed this activity, look at the examples other examples of supervisory responsibilities provided by the author.

Job Related

· Cost Control

· Equipment

· Goals

· Materials

· Plans

· Procedures

· Productivity

· Quality

· Standards

· Training

People Related

· Coaching

· Communicating

· Delegating

· Disciplining

· Leadership

· Managing yourself

· Motivating

· Supervising others

Learning Activity:

Current Obstacles & Challenges
What obstacles do you personally face now that makes it difficult for you to fulfil some of these responsibilities? They may stem (1) from you, (2) from your unit or (3) the organization as a whole. List then and then rank them in order of importance:

New Ways of Supervising

Over the years, the role of a supervisor has changed significantly from being a top down, autocratic order-giver to a team leader, coach and motivator.

· from ordering to asking; and consulting.

· from telling to listening and asking questions.

· from policing to coaching.

· from each person for himself to teamwork.

· from fear to mutual respect.

This change has come about, not because people are becoming "soft-hearted," but because it is now very clear that people are more productive if they are happy, motivated and upbeat. This takes place in an employee-friendly environment. The change is one of enlightened self-interest on the part of managers who decide what training is appropriate for their supervisors. They know that happy employees are productive employees.
Review and discuss about briefly the following chart "Leadership Styles"

Guidelines for Supervisory Behaviour

Without having a clear idea of what is acceptable behaviour for a supervisory, you are likely to model your behaviour after some role model in your life: a parent, a teacher, a boss. This could be good; but it could be disastrous if any of these people is dictatorial and demanding, or weak and indecisive.

A major benefit of this supervisory training program is that it provides you with guidelines about what is acceptable supervisory behaviour, and what is not. It also provides you with the skills to bring about this behavioural change. Once you know this, you will be more confident in what you do, as you won't be wondering whether you are taking the right action. Also, if you train with other people, you will all learn the same skill set and you will be able to help each other in the future when challenges arise.

Supervisor's Self-Assessment Survey

The Self-Assessment of Supervisory Knowledge, Skills and Attitudes survey below may look formidable but it effectively outlines the areas that you need to eventually master in order to become an outstanding supervisor. Don't be dismayed, you don't have to master all these areas in a month or two. It will take time and you will need to systematically work away at one or two areas at a time.

Most supervisors get promoted because they are "good on the job." They are hard working, productive. Hopefully, they are also loyal to the company and a good team player. While this is a good start to being a good supervisor, there are other skills they need to develop in terms of leadership: how to inspire, motivate, coach, delegate, discipline, plan, team-build etc. This is what this program is about.

Self-Assessment Survey Directions

Read through the list below without marking it up, then the second time around, Put a YES, NO or MAYBE to record what you think your skill or knowledge level is. This will give you a good idea where your strengths and weaknesses are

Supervisor's Self-Assessment Survey

Leadership

I have a clear understanding of the Company's goals and objectives

I understand how my role fits into the goals of the Company

I have a clear vision of the objectives of my area

I communicate the Company and area goals to the people under my supervision (my team) on a regular basis

I give frequent feedback to the people in my team to encourage their development and the achievement of their goals and objectives

I recognize and celebrate the successes of those in my team

I feel that the people in the Company are our most important assets

I believe that I treat others as I would like to be treated myself

I consciously work at setting an example of effective leadership

I am actively working on developing a positive self-image

My own enthusiasm is increasing the desire of my team to do better

Goal-setting

I have a written annual plan and personal performance goals which have been agreed upon by me and the person to whom I report

I work with my team regularly to help them set SMART goals that support their workplace development

I break down my annual goals into shorter-term goals

I review the progress of my goals regularly

I have a method for measuring and keeping track of my goal achievement

I ensure that the members of my team know on a regular basis the status of the Company's goal achievement

My goals for myself as a Foreman and for my team tie into the Company's goals

I set goals that stretch and challenge me

I achieve a high proportion of the goals I set

I enjoy challenges, and see them as opportunities for growth

Personal Productivity

I clearly understand my priorities

I spend only a small portion of my time in crisis management

I delegate work to others in an effective manner

My area of responsibility runs smoothly when I am not there

I accept personal responsibility when I make a mistake

I ensure that meetings I run have a clear agenda and start and finish on time

I plan my work in advance and work the plan

I rarely procrastinate or leave things to the last minute

I keep others informed, in advance, when I cannot meet their deadlines

Motivating Others

I give feedback on a timely basis

I know the people on my team well enough to understand what is important to them

I believe in the abilities of people on my team and communicate my confidence in them

I provide (or am instrumental in obtaining) training for the people on my team that they need to develop the skills necessary to do their job well

I ensure clear goals and expectations are set with those people who report to me

Morale in my department (team) is high

I always share credit for success

I ensure that people on my team are clear about what their responsibilities are

I ask questions and encourage people to find out answers to their concerns

I listen to the ideas of others

I am flexible in how things get done, providing the results are satisfactory

When things go wrong, I question what I could have done differently. I share responsibility.

Coaching for Success

I coach my people to help them achieve success in what they do

I provide one-on-one sessions with each person who reports to me

I ensure that during coaching sessions the other person(s) talk more than I do

I really listen to understand the concerns of others

I help others to be self-aware of the areas in which they deed to improve or develop

I support the goals set by individuals on my team

I help members of my team to be accountable for their goals and performance

I deal openly, constructively and promptly with any negative performance issues

I encourage and ask for feedback on my own performance from my team

Communications and Building Relationships

I listen to understand the other person's perspective before I give mine

I always wait until others have finished talking before I speak; I don't interrupt

I spend time planning important communications, written or oral

I develop strong business relationships with the people on my team as well as with suppliers and customers

When people bring to my attention my own negative performance issues, I respond in a non-defensive manner

I speak calmly to people, not raising my voice, regardless of the issue at hand

If I have an issue with someone, I always deal directly with them, I do not talk behind their back

I observe others' non-verbal communication to assess how they are really feeling

I maintain an open mind in most discussions

I seek and consider other people's opinions

Dealing with Performance Issues

I deal with performance issues on a timely basis

I allow others to explain their viewpoint before coming to a conclusion

I see dealing with negative issues as an opportunity to train and develop people

I make sure that clear expectations are set and agreed upon with the individual after a performance issue discussion

I am willing to accept that my perception of an issue may not always be right

I avoid argument, accusation and sarcasm

I encourage others on my team to be open about their mistakes so that we can make corrections and learn

Team Building and Synergy

I see my position as Foreman as being a team leader and that those I supervise are all members of my team

I ensure that my team and it's members have clear goals and expectations

I am willing to delegate responsibility to team members

I give regular feedback to the members of my team; not just about negative issues but I also regularly tell members of my team when them have performed well

Others see me as a team player

I follow through on commitments I make to team members

The results of team efforts are shared with members of the team (e.g. I do not take all the credit for my team's successes)

I actively promote team spirit and positive interpersonal relationships amongst the members of my team

As team leader, I move promptly to discourage behaviour by individual(s) in my team when such behaviour has a negative impact on team-building (e.g. "turf wars," "inner circles," "behind-back gossip" etc.

Managing Stress

I am aware of what causes me stress on the job and I manage those situations

I notice when team members are under stress and help them to deal with the situation

I discuss my concerns and problems with the person to whom I report

I do not take my work problems home, nor do I bring my home problems to work

I use small amounts of stress as a motivator

I enjoy most of the work I do

I strive to maintain a good balance between my workplace life and my home life

I eat a balanced diet

I exercise regularly

Enhancing Future Results

I am continually upgrading my skills

I am aware of areas I need to improve

I ask advice from people with more experience

I admit when I do not know something

I invest time in training or coaching others

I spend time weekly to study or read

I ask others regularly how they think I could improve

That is the conclusion of this article which I hope you have found helpful and informative.

Do check out my website too although it is not directly related to this subject, you may also find it interesting
http://www.ehomebiz.org

The Role and Responsibilities of a Supervisor
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Christmas Sales Bare-Tool DEWALT DC820B 1/2-Inch 18-Volt Cordless Impact Wrench (Tool Only, No Battery) 201

Dec 18, 2011 07:58:58

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Christmas Sales Bare-Tool DEWALT DC820B 1/2-Inch 18-Volt Cordless Impact Wrench (Tool Only, No Battery) Overview

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Presentations With Impact - 5 Effective Ways to Start Your Speech

When you begin your presentation you are at your most anxious. And that's entirely natural. No amount of planning, preparation or research will prepare you for your audience's response. Hence the anxiety. Natural anxiety. The flip side, of course, is that your audience is also anxious. They have read the program notes and heard the introduction but, they really don't know what impact you will have on them. And that is natural for any audience.

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The situation is perfect for you, the presenter, to make an instant impression. But note that you only have a few minutes in which to make that impression. Your first comments are very important to both you and your audience. Your comments provide the opportunity to set out your goals, your purpose and structure -- essential pointers for your audience to hook on to. Your opening words will establish your expertise and suggest to your audience what you can offer -- why your presentation will be either valuable or important to them. And don't forget that your opening should seize their attention from the beginning. To help you there are 5 effective ways to open your speech. You can use them on their own or combine them for even greater effect.

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A question. Asking a question at the start of your presentation is an effective opener. When you answer it you lay out the purpose of your speech, your subject, main points or thesis. A reference. You can make a reference to a time or event in history, politics or sport. When you do so, you establish context and relevance for your presentation. You set your points into a wider framework of experience and build their credibility. A quotation. Using a quotation that is relevant, interesting and erudite is also a useful opener. Be wary of anything that is over-used. Remember to cite your source and take advantage of something that is totally targeted to your subject. Choose something that maps your theme. Something that supports your main points. Drama. You can achieve a dramatic opening to your presentation with your own voice, amplified sound, music, images or film. Using action, activity and movement will stimulate your audience. They can't ignore it and they won't ignore it. Humor. Using humor to open your speech is an effective way to set the tone for your presentation and establish affinity with your audience. You can often combine this opener with a witty quotation or dictionary definition that establishes both relevance and authority. If you use humor in your beginning then you should aim to use it later -- with anecdotes or stories perhaps.

How you choose to begin your presentation depends on your subject, your audience and the tone you want to establish. A good beginning will set you up well for all that follows. It's true that a good opening is no guarantee of a good presentation. But it's equally true that a weak opening comes close to guaranteeing a weak presentation.

Presentations With Impact - 5 Effective Ways to Start Your Speech
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Child Abuse and Rejection - The Impact on Communities and Families

Children entering foster care and child protection are continually on the increase around the world. The most significant by-product that comes from family breakdown in respect to any child is rejection. Understanding why abuse and rejection takes place is imperative in the process of mending family relationships and providing the love and care our children so desperately seek and deserve.

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In 2010 there are around 35,000 children in Foster Care or Child Protection in Australia. In the United States of America there are over 500,000 children in Foster Care or Child Protection. The only thing that appears likely to slow this trend is the availability of families willing or capable of taking into their homes any more children other than those they may already care for. Or the facilities to place children where they will be looked after properly and receive as close as possible the love and attention they would normally receive in a functioning family home. Sadly, these resources are lacking.

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So what happens to kids who don't have this support, and why then is this epidemic of unwanted or abandoned kids so sharply on the increase around the world?

Maybe we can touch on a couple of things that may be contributing to this unraveling of family structures. Some statistics suggest that 1 in 3 girls experience sexual abuse as young children and somewhere between 1 in 4 to 1 in 6 boys. The reason to why the statistics surrounding males is not so accurately defined is likely due to the reluctance of men to come forward to disclose their experiences in this area.

These figures represent more than 25% of a population. Given Australia's population being around 22 million, there are likely to be in excess of 5 million people who are displaying harmful behavior patterns as a result of their past childhood experiences. America's population being around 308 million would then suggest over 70 million may be in need of healing from childhood sexual abuse. The United Kingdom with around 61 million would suggest that there is at least 15 million who may also require some help to find freedom from these hurtful past events.

As a victim of sexual abuse myself from around 12 years of age, now at the age of 59 and having been through an intensive healing process these past 6 years, I recognize many behavior patterns that I adopted throughout my life. These behavior patterns have been proven to be consistent in men and women of all ages throughout the world who have experienced similar types of abuse.

One of the behavior patterns that are quite common is the inability to handle the responsibility of raising children properly, or showing them the love they need to grow up confident that they are truly valued. In many cases the children, of abuse victims who are not healed, can become victims of their parent's out of control anger and are exposed to horrendous acts of violence. As a result we regularly hear of young children being physically abused which sometimes lead to the death of a child.

Being a victim of significant rejection as a child can also have similar results. Things such as parents divorcing or separating, which in itself seems to be a common ritual by many more people these days compared to years gone by. You have to wonder how much the divorces or breakups of high-profile people such as movie stars, highlighted so much throughout the media, influences people in making these decisions. You would think many people would be influenced by this thinking that if it's Ok for them to do it then it must be Ok for me. Strange how people can be so strongly drawn to similar attitudes of people who earn their living pretending to be somebody else for much of their lives.

Child Abuse and Rejection - The Impact on Communities and Families
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Magazine Article Writing - 3 High Impact Tips to Get Published

A lot of people are now trying to make money by writing and selling articles to magazines and other publications. Although this can be a very lucrative job, making it big in this field is a bit difficult due to stiff competition. However, you'll be steps closer to success if you apply these tips each time you write your articles:

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1. Know your audience. It's important that you have specific audience in mind when writing your articles so you can easily make them focused and targeted. Before you start writing, get to know the people who'll read your articles. Know their specific needs and demands. Know how they want your articles to be written. The more you give in to their demands, the more likely that you'll be able to impress them.

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2. Be different. Copying other's work and using other's writing style will not help you get recognized in this field. If you want publishers or editors to pay attention to your articles, you've got to offer something different; something that they've never seen before. Use a little creativity when writing your copies and always think out of the box. I can guarantee you that these will take you farther in this field.

3. Be an expert. It's crucial that you know your chosen topics inside out. Remember, your readers will rely on you and they'll expect to get nothing but solid data from your articles. Don't write unless you fully understand the subject matter. Read as many relevant resources as possible, do experiments if needed, and interview experts. Offering your readers with in-depth, solid, and detailed information can surely make your articles stand out from the crowd.

Magazine Article Writing - 3 High Impact Tips to Get Published
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Christmas Sales Neiko 3-Piece 1/2-Inch Drive Air Impact CrV Extension Bar - 3, 5, 10 Inch 201

Dec 15, 2011 03:09:21

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Christmas Sales Neiko 3-Piece 1/2-Inch Drive Air Impact CrV Extension Bar - 3, 5, 10 Inch Overview

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The Social Impact on Drug and Alcohol Abuse

Everyday in the U.S. 136 people die from drug and alcohol abuse, and data from both government and private sources indicate that these numbers are almost 35% greater than reported 2 years ago. What this data doesn't disclose is the true impact that these deaths have on the family and loved ones of those who have died from the ugly insidious disease of drug addiction and alcoholism. While there has been a overwhelming attempt by the government and private agencies to step in with financial aid and policy in the form of treatment, support, and awareness programs for those affected by drug and alcohol abuse there is still much to be done.

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The lives of everyone who comes in contact with an alcoholic or drug addict are impacted: family, friends, and co-workers are directly affected while a spillover effect further touches those outside direct contact of the addicted. Many never seek the help of support groups out of shame, fear, denial, and other reasons while the disease of alcoholism and drug addiction continue to slowly eat away the lives of all they touch.

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Treatment from both 12 step groups and qualified professionals have shown significant success once the drug addicted and alcoholic become honest and accept their disease and seek out help, but until there is acceptance and a cry for help from the alcoholic or drug addict there little hope for recovery.

Accessibility to treatment and services for those affected by the addiction of drugs and alcohol has become easier in recent years and many who could not afford or find help now can. Insurance providers have become equally sensitive to the impact of drugs and alcohol and now have implemented coverage and resource for those covered under their insurance plans.

In the Southern California area, many treatment providers have made a shift in their approach to treatment by expanding upon the more traditional methods to include one on one, family based, and long term after care in a combination of 12 step meetings with group and private counseling. But before treatment can begin in most cases, intervention is required to reach the drug addict or alcoholic in a non-threatening environment.

What Is An Intervention?

An intervention is a planned attempt by family members and friends to help a chemically dependent person get help. Interventions have a high success rate when done under the guidance and supervision of a trained counselor and with the help of family and friends closest to the addicted person. Even when drugs or alcohol appear to have taken over one's life, it is still very powerful (and necessary) to be confronted with one's own behavior and the effects it has had on those people closest to one.

The role of family and friends in intervention is vital. There is strength in numbers when family and friends confront the abuser as a group. Yet even though they are sick and tired of trying to control their loved one's behavior, those closest to the addict tend to protect him or her from the consequences of drinking or using. Stopping such "rescue missions" is an essential part of intervention. The addict needs to fully experience the harmful effects of addiction. Getting into treatment, getting sober, and receiving appropriate psychiatric care and medication can greatly reduce symptom severity, thus helping the dually-diagnosed addict feel better and think more clearly. With such progress, he stands a much better chance of maintaining his substance abuse recovery and coping with psychological disorders.

The Good News

When the alcoholic and drug addict finally hit bottom and enter into a program of treatment, the viscous cycle of abuse has been stopped. With support from family and friends, the healing process of the addict/alcoholic can be applied in the form of 12 step meetings, and therapy. Many who were once hopeless find that through guidance and counseling they now have a life of meaning and usefulness. If you are concerned about a loved one who is abusing alcohol or drugs, call the Step-Up Recovery Team now 714-771-4522. Or visit their website at http://www.stepuprecovery.com

The Social Impact on Drug and Alcohol Abuse
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Christmas Sales Ingersoll-Rand 2130 1/2-Inch Heavy-Duty Air Impact Wrench 201

Dec 14, 2011 03:43:31

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Christmas Sales Ingersoll-Rand 2130 1/2-Inch Heavy-Duty Air Impact Wrench Feature

  • Offers 550 feet-per-pound of maximum Torque
  • Full stroke tease throttle
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  • Lightweight reinforced aluminum hammer case


Christmas Sales Ingersoll-Rand 2130 1/2-Inch Heavy-Duty Air Impact Wrench Overview

This Ingersoll Rand impact wrench has all the performance features you expect from the Ingersoll Rand family of impact tools. This lightweight ergonomic package houses a powerful twin-hammer mechanism. Drive (in.): 1/2 (square), Speed - No Load (RPM): 9,500, Average Air Consumption (CFM): 4.4, CFM at Load: 22, Working Torque (ft.-lb.): 50 - 500, Max. Torque (ft.-lbs.): 550, Hammer Mechanism: Twin, Variable Speed: Yes, Inlet Size (in.): 1/4, Min. Hose Size (in.): 3/8, Noise Level (dB): 96.6, Tool Weight (lbs.): 4.2, Tool Length (in.): 7 1/4

Christmas Sales Ingersoll-Rand 2130 1/2-Inch Heavy-Duty Air Impact Wrench Specifications

The Ingersoll Rand 2130 1/2-Inch Heavy-Duty Air Impact Wrench offers the powerful performance and advanced features you need to get the job done right the first time. Its robust twin-hammer mechanism and composite housing provide superior ergonomics, and its durable design pays off in years of quality performance.

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1/2-Inch Heavy-Duty Air Impact Wrench
At a Glance:
  • Provides 550 ft./lbs. max torque for heavy-duty professional jobs

  • Multi-position power management for optimum control

  • Fewer working parts minimize maintenance

  • Lightweight reinforced aluminum hammer case for less bulk

  • 1-year warranty

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Ingersoll Rand 2130 1/2-Inch Heavy-Duty Air Impact Wrench
Featuring multi-position power management and easy-glide forward/reverse switches. View larger.
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Get Professional Performance
Like all of Ingersoll Rand's air impact tools, the 2130 Impact Wrench is an ideal choice for the discerning professional. With fewer working parts, simplified maintenance, and less wasted energy, this heavy-duty tool makes quick work of all your professional mechanic jobs. Use it for tire rotation, removing and tightening lugs, brake work, and much more.

550 Ft-Lbs Maximum Torque
The 2130 provides an impressive 550 ft./lbs. of maximum torque (50 - 500 ft./lbs. working torque) to tackle the tough jobs. At the same time, multi-position power management and an easy-glide forward/reverse switch give you reliable control for improved precision. And for smooth operation, the wrench features a full-stroke tease throttle.

Compact, Lightweight Design
Weighing just 4.2 pounds and measuring 7.25 inches in length, the 2130 can fit into tight spaces and won't put excessive strain on your wrists and hands. Its lightweight, reinforced aluminum hammer case also helps cut down on the bulk.

The 2130 is backed by a one-year warranty.

Ingersoll Rand Air Tools: Reliability and Power
Whether you're working in the shop, at the garage, or on a heavy-duty jobsite, you can depend on Ingersoll Rand air tools for quality and performance. Ingersoll Rand tools are powerful, durable, and easy to use, reducing downtown and improving productivity.

For more than 100 years, the company's advanced engineering, manufacturing, and service models have set a standard of excellence. Trust Ingersoll Rand to help you complete your work faster and easier than ever before.

What's in the Box
Ingersoll-Rand 2130 1/2-Inch Heavy-Duty Air Impact Wrench and manual.


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Music Videos' Impact on People's Lives

The change from the old style of sound track to music video brought new reality and strong impact to the lives and behavioral procedures of people worldwide. As powerful marketing device to promote the sale of music recordings, a music video is a short clip of image that serves to ad an illustration to a piece of music or song.

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Because of its power to easily attract people, many web based companies host a large number of videos of music files that can be watched for free by users, as an active and important tool of their marketing strategies. Such is the case of YouTube, the largest video provider, Yahoo!, AOL and Musivideos and Metacafe Sites where you can enjoy well animated lyrics of the popular and latest music releases covering the famous artists, their hits and popular album reviews.

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Most of music and videos entertainment from YouTube are presented in a full version. in some case they are illustrated with dance music videos. A YouTube music video can be watched on the screen of your computer only because the server does not yet offer any music videos download option. Even so, you will find on YouTube music and watch music and videos of all type online, including hip-hop, pop, R&B, Latin, reggae ton rap, Hindi songs, country music, Christian, soul, MTV, rock, punk, gospel and concert music videos.

MTV is considered as the pioneer of music with video and this designation become popular since 1980s after MTV launched a VH1. In China for example, music accompanied with images were just known as MTVs because that network that brought this style to popularity in all Chinese territories.

Animation, filming, documentaries and even live action, such as sensual dance, are just some of film making styles used by experts to produce exciting singing videos, but some music videos are just made of different styles i.e. do not interpret images from the song's lyrics, making it less literal than expected. So, more than the simple sound, the music and song enriched with images have a strong power over the mood of thinking and acting of the new generations.

Music Videos' Impact on People's Lives
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Neiko Heavy-Duty 3/8" Conversion Chuck for Impact Drivers - Quick Change Shank - 1/2" Adapter for Impact Wrench

Christmas Sales Neiko Heavy-Duty 3/8" Conversion Chuck for Impact Drivers - Quick Change Shank - 1/2" Adapter for Impact Wrench 201

Dec 12, 2011 03:40:28

Christmas Neiko Heavy-Duty 3/8
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Neiko Heavy-Duty 3/8

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Christmas Sales Neiko Heavy-Duty 3/8" Conversion Chuck for Impact Drivers - Quick Change Shank - 1/2" Adapter for Impact Wrench Feature

  • Multiply utility of cordless impact drivers and wrenches to do work of regular power drill
  • 3-jaw chuck holds round-shank drill bits and other accessories tight for left- & right-hand rotation
  • Includes special adapter to use chuck with 1/2" impact wrenches (holds 1/4" hex-shank bits, too)
  • Chuck capacity 1/16" to 3/8", includes chuck key; excellent quality - made in Taiwan
  • Heavy-duty carbon steel for durability, precision machined for smooth operation, CrV adapter


Christmas Sales Neiko Heavy-Duty 3/8" Conversion Chuck for Impact Drivers - Quick Change Shank - 1/2" Adapter for Impact Wrench Overview



Cordless impact drivers are one of the most popular power tools on the market today with small form-factor, excellent battery life and amazing power. Their main drawback is the quick-change receiver accepts only hex-shank accessories - unless you've got this conversion chuck. The quick-change hex shank locks securely into the driver's receiver and works like a regular drill, so you can use round-shaft drill, carving, grinding and polishing bits. And - unlike some conversion chucks - the chuck body is locked to the shaft so you'll able turn bits both right- and left-handed without causing jaws to loosen. As an added bonus, the unique adapter includes lets you attach the chuck to impact wrenches, ratchet handles or breaker bars with 1/2" square anvil. And used by itself, the adapter holds any 1/4" hex-shank bit; made of Chrome-Vanadium steel alloy for superior strength. Lastly, the quick-change shank can be removed from the chuck and the chuck attached directly to most 3/8" power cordless drill spindles with left-hand threaded screw. Dimensions: chuck diameter 1-5/16", length with quick-change shank 3-1/4" (1-15/16" without) total weight 6.2 oz. NOT FOR USE WITH PNEUMATIC TOOLS. Made in Taiwan.




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Sunex 4301 3/4-Inch Female 1/2-Inch Male Impact Socket Adapter

Christmas Sales Sunex 4301 3/4-Inch Female 1/2-Inch Male Impact Socket Adapter 201

Dec 11, 2011 04:22:12

Christmas Sunex 4301 3/4-Inch Female 1/2-Inch Male Impact Socket Adapter Deals
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Sunex 4301 3/4-Inch Female 1/2-Inch Male Impact Socket Adapter

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Christmas Sales Sunex 4301 3/4-Inch Female 1/2-Inch Male Impact Socket Adapter Feature

  • CR-MO alloy steel for long life
  • Lifetime warranty
  • Made of super durable chrome molybdenum
  • Will meet a variety of needs
  • Top quality at best values


Christmas Sales Sunex 4301 3/4-Inch Female 1/2-Inch Male Impact Socket Adapter Overview

4301

  • Get just one, at get a whole set. Sunex Tools impact sockets can be purchased individually or in a set (as shown).
  • Forged from the toughest steel all Sunex Tools impact sockets are forged from the finest chrome molybdenum alloy stool- the best choice for strength and durability.
  • Warranty lifetime, full replacement (except for socket adapters and extra thin wall sockets
  • Designed to extend the life of fasteners. All Sunex Tools impact sockets feature a radius corner design. This design causes the socket to grab the sturdy wall, or flat, of the fastener instead of grabbing the corners, resulting in less corner wear on the fastener.
  • Heavy molded storage tray. All Sunex Tools impact socket sets come in strong molded storage trays, except where otherwise noted.




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Ryobi P260 Lithium Ion 18 Volt 1/2" Impact Wrench (Tool Only. Battery and Charger Not Included)

Christmas Sales Ryobi P260 Lithium Ion 18 Volt 1/2" Impact Wrench (Tool Only. Battery and Charger Not Included) 201

Dec 10, 2011 04:50:53

Christmas Ryobi P260 Lithium Ion 18 Volt 1/2
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Ryobi P260 Lithium Ion 18 Volt 1/2

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Christmas Sales Ryobi P260 Lithium Ion 18 Volt 1/2" Impact Wrench (Tool Only. Battery and Charger Not Included) Feature

  • Wrench has 1/2 in. anvil with pin retention for easy and secure socket connection
  • Bright LED light illuminates as the trigger is pulled.
  • Batteries and charger sold separately
  • Includes 1/4 inch quick connect coupler for driving screws in a variety of materials


Christmas Sales Ryobi P260 Lithium Ion 18 Volt 1/2" Impact Wrench (Tool Only. Battery and Charger Not Included) Overview

The 18 volt Ryobi cordless Impact Wrench is great for a variety of projects from automotive and mechanics to building a deck and other heavy-duty applications. The powerful 18 volt motor allows for 0-3000 RPM for tightening or loosening of various nuts/bolts. The impacting mechanism produces 200 ft. lbs. (2400 in. lbs) of torque and 0-3000 impacts per minute to easily drive long screws or lag bolts. The ergonomically designed handle with over-mold ensures user comfort. Part of the ONE+ System and is compatible with any RYOBI ONE+ 18V NiCd or Lithium-ion battery. Battery and charger sold separately



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DEWALT DC821KA 18-Volt 1/2-Inch Compact Impact Wrench

Christmas Sales DEWALT DC821KA 18-Volt 1/2-Inch Compact Impact Wrench 201

Dec 09, 2011 05:23:00

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DEWALT DC821KA  18-Volt 1/2-Inch Compact Impact Wrench

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Christmas Sales DEWALT DC821KA 18-Volt 1/2-Inch Compact Impact Wrench Feature

  • Heavy-duty DEWALT-built motor provides long life under continuous heavy use conditions
  • 0-2,100 rpm/0-3,000 ipm for fast application speed
  • Durable all-metal gear case and transmission provide jobsite-ready durability
  • 160 ft-lbs of max torque provides power to perform a wide range of fastening applications
  • variable speed trigger and electric brake provide control for tightening and loosening fasteners; Textured ant-slip comfort grip provides maximum comfort and control


Christmas Sales DEWALT DC821KA 18-Volt 1/2-Inch Compact Impact Wrench Overview

Whether you're setting bolts at the end of a big deck building project or working with plumbing fixtures, the heavy-duty DeWalt DC821KA 1/2-Inch Impact Wrench makes your job easier. Powerful and easy to handle, this impact wrench is capable of delivering 0 to 2,100 RPM and maximum torque of 1,920-in./lbs for fast, reliable performance. Also offering a convenient, variable-speed reversing switch and an electric brake, this wrench allows you to maintain control in a wide variety of situations for better end products. An all-metal transmission, a DeWalt-built motor, and replaceable brushes that make maintenance easy all help ensure a long tool life, while XRP extended-run battery technology helps ensure that a dead battery never brings your work to a standstill. Included in this kit are two XRP 18-volt batteries, a one-hour charger, and a heavy-duty kit box for easy transport and storage.



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Valentine Gift Baskets - Send Baskets to Her Work for Maximum Impact

Women love to be appreciated. And nothing works better on Valentines Day than sending a big giant surprise Valentine gift basket to her work to show her and her friends what a great guy you are.

1 2 Impact

Gift baskets for women come in all shapes and sizes with all matter of goodies. Here's the top three picks this season for maximum impact at work.

1 2 Impact

1. Gourmet Chocolate Gift Baskets - Look for brands like Ghirardelli, Godiva, Lindt, and from other quality chocolatiers.

2. Gourmet Coffee and Tea Gift Baskets - These are really a big hit at the office, where caffeine is king! Starbucks and Godiva flavored coffees or Wolfgang Puck are good. Chai latte is wonderful, and the Stash is also a good gourmet tea choice.

3. Gourmet Snack Gift Baskets - gourmet cookies, crackers, pretzels, popcorn, even rum cake are sure office pick me ups.

The main theme here, you might have noticed, is gourmet. Gourmet gift baskets really make a statement, and they don't have to cost much more than the plain vanilla varieties. Also, stay clear of stuffed animals in your gift baskets if she is over 30, unless you really know that she likes teddy bears or penguins.

Sending baskets to her work will make you a hero twice over. She will love it that you sent a Valentine gift basket to her work because she can brag about you some more and her friends will all be jealous. Her friends will love it when you send baskets to her work because they know she will share some of that gourmet love with them - so, they won't really be all that jealous.

p.s. don't forget to have some beautiful flowers waiting for her when she gets home!

Valentine Gift Baskets - Send Baskets to Her Work for Maximum Impact
1 2 Impact

Christmas Sales Neiko Heavy-Duty 3/8" Conversion Chuck for Impact Drivers - Quick Change Shank - 1/2" Adapter for Impact Wrench 201

Dec 08, 2011 05:10:16

Christmas Neiko Heavy-Duty 3/8
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Neiko Heavy-Duty 3/8

>> Click here to update Christmas prices for Neiko Heavy-Duty 3/8" Conversion Chuck for Impact Drivers - Quick Change Shank - 1/2" Adapter for Impact Wrench <<

Christmas Sales Neiko Heavy-Duty 3/8" Conversion Chuck for Impact Drivers - Quick Change Shank - 1/2" Adapter for Impact Wrench Feature

  • Multiply utility of cordless impact drivers and wrenches to do work of regular power drill
  • 3-jaw chuck holds round-shank drill bits and other accessories tight for left- & right-hand rotation
  • Includes special adapter to use chuck with 1/2" impact wrenches (holds 1/4" hex-shank bits, too)
  • Chuck capacity 1/16" to 3/8", includes chuck key; excellent quality - made in Taiwan
  • Heavy-duty carbon steel for durability, precision machined for smooth operation, CrV adapter


Christmas Sales Neiko Heavy-Duty 3/8" Conversion Chuck for Impact Drivers - Quick Change Shank - 1/2" Adapter for Impact Wrench Overview



Cordless impact drivers are one of the most popular power tools on the market today with small form-factor, excellent battery life and amazing power. Their main drawback is the quick-change receiver accepts only hex-shank accessories - unless you've got this conversion chuck. The quick-change hex shank locks securely into the driver's receiver and works like a regular drill, so you can use round-shaft drill, carving, grinding and polishing bits. And - unlike some conversion chucks - the chuck body is locked to the shaft so you'll able turn bits both right- and left-handed without causing jaws to loosen. As an added bonus, the unique adapter includes lets you attach the chuck to impact wrenches, ratchet handles or breaker bars with 1/2" square anvil. And used by itself, the adapter holds any 1/4" hex-shank bit; made of Chrome-Vanadium steel alloy for superior strength. Lastly, the quick-change shank can be removed from the chuck and the chuck attached directly to most 3/8" power cordless drill spindles with left-hand threaded screw. Dimensions: chuck diameter 1-5/16", length with quick-change shank 3-1/4" (1-15/16" without) total weight 6.2 oz. NOT FOR USE WITH PNEUMATIC TOOLS. Made in Taiwan.




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This Christmas Neiko Heavy-Duty 3/8" Conversion Chuck for Impact Drivers - Quick Change Shank - 1/2" Adapter for Impact Wrench ships for FREE with Super Saver Shipping.

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Neiko Heavy-Duty 3/8

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Globlization And Its Impact Of Insurance Industry In India

INTRODUCTION

1 2 Impact

The word "Fear" has only four alphabets like love but both of them have very different e meaning. Whatever man (malor female) does for the love of their families always starts with the background of fear. Generally so many times we have been asking our selves that, what will happen if we were not there, but we keep on asking rather then doing something for it. Time is precious, it never stops for any one and we are living in the world of uncertainty; the uncertainty of job, the uncertainty of money, the uncertainty of property and like this the story goes continuous for the whole life of a man.

1 2 Impact

A thriving insurance sector is of vital importance to every modern economy. Firstly because it encourages the habit of saving, secondly because it provides a safety net to rural and urban enterprises and productive individuals. And perhaps most importantly it generates long- term invisible funds for infrastructure building. The nature of the insurance business is such that the cash inflow of insurance companies is constant while the payout is deferred and contingency related.

This characteristic feature of their business makes insurance companies the biggest investors in long-gestation infrastructure development projects in all developed and aspiring nations. This is the most compelling reason why private sector (and foreign) companies, which will spread the insurance habit in the societal and consumer interest are urgently required in this vital sector of the economy. Opening up of insurance to private sector including foreign participation has resulted into various opportunities and challenges in India.

LIFE INSURANCE MARKET

The Life Insurance market in India is an underdeveloped market that was only tapped by the state owned LIC till the entry of private insurers. The penetration of life insurance products was 19 percent of the total 400 million of the insurable population. The state owned LIC sold insurance as a tax instrument, not as a product giving protection. Most customers were under- insured with no flexibility or transparency in the products. With the entry of the private insurers the rules of the game have changed.

The 12 private insurers in the life insurance market have already grabbed nearly 9 percent of the market in terms of premium income. The new business premium of the 12 private players has tripled to Rs 1000 crore in 2002- 03 over last year. Meanwhile, with regard to state owned LIC's new premium business has fallen.

Innovative products, smart marketing and aggressive distribution. That's the triple whammy combination that has enabled fledgling private insurance companies to sign up Indian customers faster than anyone ever expected. Indians, who have always seen life insurance as a tax saving device, are now suddenly turning to the private sector and snapping up the new innovative products on offer.

The growing popularity of the private insurers is evidenced in other ways. They are coining money in new niches that they have introduced. The state owned companies still dominate segments like endowments and money back policies. But in the annuity or pension products business, the private insurers have already wrested over 33 percent of the market. And in the popular unit-linked insurance schemes they have a virtual monopoly, with over 90 percent of the customers.
The private insurers also seem to be scoring big in other ways- they are persuading people to take out bigger policies. For instance, the average size of a life insurance policy before privatization was around Rs 50,000. That has risen to about Rs 80,000. But the private insurers are ahead in this game and the average size of their policies is around Rs 1.1 lakh to Rs 1.2 lakh- way bigger than the industry average.

Buoyed by their quicker than expected success, nearly all private insurers are fast- forwarding the second phase of their expansion plans. No doubt the aggressive stance of private insurers is already paying rich dividends. But a rejuvenated LIC is also trying to fight back to woo new customers.

INSURANCE TODAY

In 1993, Malhotra Committee, headed by former Finance Secretary and RBI Governor R. N. Malhotra, was formed to evaluate the Indian insurance industry and recommend its future direction. The Malhotra committee was set up with the objective of complementing the reforms initiated in the financial sector.

With the setup of Insurance Regulatory Development Authority (IRDA) the reforms started in the Insurance sector. It has became necessary as if we compare our Insurance penetration and per capita premium we are much behind then the rest of the world. The table above gives the statistics for the year 2000.

With the expected increase in per capita income to 6% for the next 10 year and with the improvement in the awareness levels the demand for insurance is expected to grow.
As per an independent consultancy company, Monitor Group has estimated a growth form Rs. 218 Billion to Rs. 1003 Billion by 2008. The estimations seems achievable as the performance of 13 life Insurance players in India for the year 2002-2003 (up to October, based on the first year premium) is Rs. 66.683 million being LIC the biggest contributor with Rs. 59,187 million. As of now LIC has 2050 branches in 7 zones with strong team of 5,60,000 agents.

IMPACT OF GLOBALISATION

While nationalized insurance companies have done a commendable job in extending the volume of the business, opening up insurance sector to private players was a necessity in the context of globalization of financial sector. If traditional infrastructural and semipublic goods industries such as banking, airlines, telecom, power etc., have significant private sector presence, continuing a state of monopoly in provision of insurance was indefensible and therefore, the globalization of insurance has been done as discussed earlier. Its impact has to be seen in the form of creating various opportunities and challenges.

The introduction of private players in the industry has added colours to the dull industry. The initiatives taken by the private players are very competitive and have given immense competition to the on time monopoly of the market LIC. Since the advent of the private players in the market the industry has seen new and innovative steps taken by the players in the sector. The new players have improved the service quality of the insurance. As a result LIC down the years have seen the declining in its career. The market share was distributed among the private players. Though LIC still holds 75% of the insurance sector the upcoming nature of these private players are enough to give more competition to LIC in the near future. LIC market share has decreased from 95%(2002-03) to 81% (2004-05). The following company holds the rest of the market share of the insurance industry.

TABLE - 1

IMPACT OF GLOBALISATION

NAME OF THE PLAYER MARKET SHARE (%)

LIC 82.3

ICICI PRUDENTIAL 5.63

BIRLA SUN LIFE 2.56

BAJA ALLIANZ 2.03

SBI LIFE 1.80

HDFC STANDARD 1.36

TATA AIG 1.29

MAX NEW YORK 0.90

AVIVA 0.79

OM KOTAK MAHINDRA 0.51

ING VYASA 0.37

AMP SANMAR 0.26

METLIFE 0.21

PRESENT SCENARIO OF GLOBALISATION

In a tough battle to expand market shares the private sector life insurance industry consisting of 14 life insurance companies at 26% have lost 3% of market share to the state owned Life Insurance Corporation(LIC) in the domestic life insurance industry in 2006-07. According to the figures released by Insurance Regulatory & Development Authority, the total premium of these 14 companies have shot up by 90% to Rs 19,471.83 crore in 2006-07 from Rs 10, 252 crore.

LIC with a total premium mobilisation of Rs 55,934 crore has been able to retain a market share of 74.26 % during the reporting period. In total the life insurance industry in first year premium has grown by 110% to Rs 75, 406 crore during 2006-07. The 2006-07 performance has thrown a few surprises in the ranking among the private sector life insurance companies. New entrants like Reliance Life and SBI Life had shown a huge growth of over 381% and 210% respectively during the year. Reliance Life which has become one of the top five companies ended the year with a premium of Rs 930 crore during the year.

Though ICICI Prudential Life Insurance remained as the No 1 private sector life insurance company during the year. Bajaj Allianz overtook ICICI Prudential in terms of monthly market share in March, for the first time ever. Bajaj's market share among private players in non-single premium for March stood at 29.1% vs. ICICI Prudential's 23.8%. Bajaj gained 4.6 percentage point market share among private sector players for FY07.

Among other private players, SBI Life and Reliance Life continued to do well, each gaining 4% market share in FY07. SBI Life's growth was driven by increasing contribution from ULIP premiums. Another notable developments of the 2006-07 performance has been the expansion of retail markets by the life insurance comapnies. Bajaj Alliannz Life insurance has added 20 lakh policies while ICICI Prudential has expanded over 19 lakh policies during the year.

With the largest number of life insurance policies in force in the world, Insurance happens to be a mega opportunity in India. It's a business growing at the rate of 15-20 per cent annually and presently is of the order of Rs 450 billion. Together with banking services, it adds about 7 per cent to the country's GDP. Gross premium collection is nearly 2 per cent of GDP and funds available with LIC for investments are 8 per cent of GDP.

Yet, nearly 80 per cent of Indian population is without life insurance cover while health insurance and non-life insurance continues to be below international standards. And this part of the population is also subject to weak social security and pension systems with hardly any old age income security. This itself is an indicator that growth potential for the insurance sector is immense.

A well-developed and evolved insurance sector is needed for economic development as it provides long term funds for infrastructure development and at the same time strengthens the risk taking ability. It is estimated that over the next ten years India would require investments of the order of one trillion US dollar. The Insurance sector, to some extent, can enable investments in infrastructure development to sustain economic growth of the country.

Insurance is a federal subject in India. There are two legislations that govern the sector- The Insurance Act- 1938 and the IRDA Act- 1999. The insurance sector in India has become a full circle from being an open competitive market to nationalisation and back to a liberalised market again. Tracing the developments in the Indian insurance sector reveals the 360 degree turn witnessed over a period of almost two centuries.

Important milestones in the life insurance business in India

1912: The Indian Life Assurance Companies Act enacted as the first statute to regulate the life insurance business.

1928: The Indian Insurance Companies Act enacted to enable the government to collect statistical information about both life and non-life insurance businesses.

1938: Earlier legislation consolidated and amended to by the Insurance Act with the objective of protecting the interests of the insuring public.

1956: 245 Indian and foreign insurers and provident societies taken over by the central government and nationalised. LIC formed by an Act of Parliament- LIC Act 1956- with a capital contribution of Rs. 5 crore from the Government of India.

In a tough battle to expand market shares the private sector life insurance industry consisting 14 life insurance companies at 26% have lost 3% of market share to the state owned Life Insurance Corporation(LIC) in the domestic life insurance industry in 2006-07. According to the figures released by Insurance Regulatory & Development Authority the total premium these 14 companies have shot up by 90% to Rs 19,471.83 crore in 2006-07 from Rs 10, 252 crore.

LIC with a total premium mobilisation of Rs 55,934 crore has been able retain a market share of 74.26 % during the reporting period. In total the life insurance industry in first year premium has grown by 110% to Rs 75, 406 crore during 2006-07. The 2006-07 performance has thrown a few surprises in the ranking among the private sector life insurance companies. New entrants like Reliance Life and SBI Life had shown a huge growth of over 381% and 210% respectively during the year. Reliance Life which has become one of the top five companies ended the year with a premium of Rs 930 crore during the year.

Though ICICI Prudential Life Insurance remained as the No 1 private sector life insurance company during the year Bajaj Allianz overtook ICICI Prudential in terms of monthly market share in March, for the first time ever. Bajaj's market share among private players in non-single premium for March stood at 29.1% vs. ICICI Prudential's 23.8%. Bajaj gained 4.6 percentage point market share among private sector players for FY07.

Among other private players, SBI Life and Reliance Life continued to do well, each gaining 4% market share in FY07. SBI Life's growth was driven by increasing contribution from ULIP premiums. Another notable development of the 2006-07 performance has been the expansion of retail markets by the life insurance companies. Bajaj Alliannz Life insurance has added 20 lakh policies while ICICI Prudential has expanded over 19 lakh policies during the year.

OPPORTUNITES

- A state monopoly has little incentive to innovative or offers a wide range of products. It can be seen by a lack of certain products from LIC's portfolio and lack of extensive risk categorization in several GIC products such as health insurance. More competition in this business will spur firms to offer several new products and more complex and extensive risk categorization.

- It would also result in better customer services and help improve the variety and price of insurance products.

- The entry of new players would speed up the spread of both life and general insurance. Spread of insurance will be measured in terms of insurance penetration and measure of density.

- With the entry of private players, it is expected that insurance business roughly 400 billion rupees per year now, more than 20 per cent per year even leaving aside the relatively under developed sectors of health insurance, pen More importantly, it will also ensure a great mobalisation of funds that can be utilized for purpose of infrastructure development that was a factor considered for globalisation of insurance.

- More importantly, it will also ensure a great moblisation of funds that can be utilized for purpose of infrastructure development that was a factor considered for globalisation of insurance.

- With allowing of holding of equity shares by foreign company either itself or through its subsidiary company or nominee not exceeding 26% of paid up capital of Indian partners will be operated resulting into supplementing domestic savings and increasing economic progress of nation. Agreements of various ventures have already been made to be discussed later on in this paper.

- It has been estimated that insurance sector growth more than 3 times the growth of economy in India. So business or domestic firms will attempt to invest in insurance sector. Moreover, growth of insurance business in India is 13 times the growth insurance in developed countries. So it is natural, that foreign companies would be fostering a very strong desire to invest something in Indian insurance business.

- Most important not the least tremendous employment opportunities will be created in the field of insurance which is burning problem of the present day today issues.

CHALLENGES BEFORE THE INDUSTRY

New age companies have started their business as discussed earlier. Some of these companies have been able to float 3 or 4 products only and some have targeted to achieve the level of 8 or 10 products. At present, these companies are not in a position to pose any challenge to LIC and all other four companies operating in general insurance sector, but if we see the quality and standards of the products which they issued, they can certainly be a challenge in future. Because the challenge in the entire environment caused by globalisation and liberalization the industry is facing the following challenges.

- The existing insurer, LIC and GIC, have created a large group of dissatisfied customers due to the poor quality of service. Hence there will be shift of large number of customers from LIC and GIC to the private insurers.

- LIC may face problem of surrender of a large number of policies, as new insurers will woo them by offer of innovative products at lower prices.

- The corporate clients under group schemes and salary savings schemes may shift their loyalty from LIC to the private insurers.

- There is a likelihood of exit of young dynamic managers from LIC to the private insurer, as they will get higher package of remuneration.

- LIC has overstaffing and with the introduction of full computerization, a large number of the employees will be surplus. However they cannot be retrenched. Hence the operating costs of LIC will not be reduced. This will be a disadvantage in the competitive market, as the new insurers will operate with lean office and high technology to reduce the operating costs.

- GIC and its four subsidiary companies are going to face more challenges, because their management expenses are very high due to surplus staff. They can't reduce their number due to service rules.

- Management of claims will put strain on the financial resources, GIC and its subsidiaries since it is not up the mark.

- LIC has more than to 60 products and GLC has more than 180 products in their kitty, which are outdated in the present context as they are not suitable to the changing needs of the customers. Not only that they are not competent enough to complete with the new products offered by foreign companies in the market.

- Reaching the consumer expectations on par with foreign companies such as better yield and much improved quality of service particularly in the area of settlement of claims, issue of new policies, transfer of the policies and revival of policies in the liberalized market is very difficult to LIC and GIC.

- Intense competition from new insurers in winning the consumers by multi-distribution channels, which will include agents, brokers, corporate intermediaries, bank branches, affinity groups and direct marketing through telesales and interest.

- The market very soon will be flooded by a large number of products by fairly large number of insurers operating in the Indian market. Even with limited range of products offered by LIC and GIC, the consumers are confused in the market. Their confusion will further increase in the face for large number of products in the market. The existing level of awareness of the consumers for insurance products is very low. It is so because only 62% of the Indian population is literate and less than 10% educated. Even the educated consumers are ignorant about the various products of the insurance.

- The insurers will have to face an acute problem of the redressal of the consumers, grievances for deficiency in products and services.

- Increasing awareness will bring number of legal cases filled by the consumers against insurers is likely to increase substantially in future.

- Major challenges in canalizing the growth of insurance sector are product innovation, distribution network, investment management, customer service and education.

ESSENTIALS TO MEET THE CHALLENGES

- Indian insurance industry needs the following to meet the global challenges

- Understanding the customer better will enable insurance companies to design appropriate products, determine price correctly and increase profitability.

- Selection of right type of distribution channel mix along with prudent and efficient FOS [Fleet On Street] management.

- An efficient CRM system, which would eventually create sustainable competitive advantages and build a long-lasting relationship

- Insurers must follow best investment practices and must have a strong asset management company to maximize returns.

- Insurers should increase the customer base in semi urban and rural areas, which offer a huge potential.

- Promoting health insurance and using e-broking to increase the business.

CONCLUSION

Thus, in the last on basis of above the discussion we can conclude that need for private sector entry is justifiable on the basis of enhancing the efficiency of operation, achieving greater density and insurance coverage in the country and for greater mobilization of long-term savings for long gestation infrastructure projects. In the wake of such competition it is essential for the government monopolies (LIC and GIC) that they quickly up grade their technology, restructure themselves on more efficient lines and operate as broad run enterprise. New players should not be treated as rivalries to government companies, but they can supplement in achieving the objective of growth of insurance business in India.

* Lecturer, Department of Commerce, Bharathiar University, Coimbatore-46
Email - buarticlecommerce@yahoo.com

** Ph.D Scholar, Department of Commerce, Bharathiar University, Coimbatore. Email - parentbala@sify.com

Globlization And Its Impact Of Insurance Industry In India
1 2 Impact

Cyber Monday Bosch 36618-02 18-Volt 1/2-Inch Compact-Tough Litheon Drill/Driver with 2 Slim Batteries 2011 Deals

Dec 06, 2011 04:14:16

Cyber Monday Bosch 36618-02 18-Volt 1/2-Inch Compact-Tough Litheon Drill/Driver with 2 Slim Batteries Deals
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Bosch 36618-02 18-Volt 1/2-Inch Compact-Tough Litheon Drill/Driver with 2 Slim Batteries

>> Click here to update Cyber Monday prices for Bosch 36618-02 18-Volt 1/2-Inch Compact-Tough Litheon Drill/Driver with 2 Slim Batteries <<

Cyber Monday Bosch 36618-02 18-Volt 1/2-Inch Compact-Tough Litheon Drill/Driver with 2 Slim Batteries Feature

  • New compact, tough design for increased maneuverability and less user fatigue
  • Features 0-500/0-1,600 RPM and 500 inch-pounds of torque
  • 20-position clutch settings for precise driving applications
  • State-of-the-art lithium-ion battery technology coupled with ECP system guarantees the optimal performance of tool and batteries
  • LED light is great for dark or enclosed areas


Cyber Monday Bosch 36618-02 18-Volt 1/2-Inch Compact-Tough Litheon Drill/Driver with 2 Slim Batteries Overview

Built tough, the Bosch 36618-02 18-Volt 1/2-Inch Compact-Tough Litheon Drill/Driver with Two Slim Pack Batteries is a durable, powerful, and compact tool for high-quality results. Featuring Durashield housing to guard against wear and tear, the 36618-02 utilizes an 18-volt Litheon battery, which provides 35% more runtime and two times the recharge cycles of its competitors.

The 36618-02 Litheon Drill/Driver offers:
  • 18-volt Litheon batteries for long-lasting performance.
  • Up to 1,600 RPM and 500 in./lbs. of torque.
  • 20 clutch settings and a variable-speed trigger for versatility.
  • One-handed bit changes.


Pictured with a Fat Pack battery.
Even though this tool comes with 2 Slim Packs, you can purchase a Fat Pack separately and get more run time--2.6 Ah vs. 1.3 Ah with the Slim Pack. No other company provides this option.
View larger.
18-Volt Litheon Batteries for Maximum Runtime and Manageability
The 36618-02 utilizes state-of-art lithium-ion battery technology and Bosch's proprietary ECP (Electronic Cell Protection) system to provide maximum cycle life, minimum self-discharge, and no memory-effect. Best of all, Litheon batteries will fully charge in 30 minutes and will be at 85% capacity in just 15 minutes.



Handle grip with finger support provides maximum control. View larger.
Up to one pound lighter than comparable 18-volt NiCad drills/drivers, the 36618-02 won't weigh you down. It's ideal for a wide range of drilling and fastening jobs, from hanging curtains to building a deck; from making automotive repairs to installing cabinetry.

Unique, Flexible Power System
Like all tools in Bosch's 18-Volt line, this drill/driver can be used with either a 1.3-Ah BAT609 Slim Pack battery (two included) or a 2.6-Ah BAT318 Fat Pack. If you're looking for a lighter-weight option, the Slim Pack is the perfect choice. If longer runtime is what you need, the Fat Pack will do the job. Bosch is the only power tool manufacturer that provides this option.

Fast Speeds, High Torque, and Durable Construction for Reliable Results
The 36618-02 works at speeds up to 1,600 RPM and provides 500 in./lbs. of torque. Durashield housing, unibody construction, and a steel-reinforced collar help you withstand real-world conditions, like temperature extremes, rain, dirt, debris, and drops.

The 36618-02's Durashield Housing is constructed with ABS/Nylon composite, which makes the housing flexible and impenetrable. Unlike competitive tools, which use a conventional plastic housing, Durashield will not crack and can easily withstand 10-foot drops.

This tool also features unique unibody construction with three steel straps that keep the motor, gears, and clutch together. This ensures that the gears never separate from the motor, and it keeps the drill functioning even after drops.

Additionally, the 36618-02 boasts an exclusive steel-reinforced collar that protects the nose of the drill. It provides extra reinforcement in the event of drops on the chuck and prevents the chuck from bending or breaking off.

Easy Bit Changes and Balanced Design for Utmost Control
The 36618-02 comes complete with a single-sleeve 1/2-inch chuck for one-handed bit changes, as well as increased drill-bit capacity for versatility. And for maximum control, comfort, and balance, the tool boasts a newly designed handle-grip with finger support.

Smart Features for Easy Use
20 clutch settings and a variable-speed trigger help you match the best speed to the job, so you can achieve precise results. At the same time, the 36618-02's ergonomic design provides optimum comfort and control. And for even greater convenience, LEDs provide illumination when you are working in dark or enclosed areas.

ProVantage Guarantee
The 36618-02 comes with the ProVantage three-year protection plan, which guarantees two years of battery protection and one year of tool protection. Under this plan, you can receive two years of free battery replacements, tool replacement for one year, and a free tool repair package for the second and third years.

What's in the Box
Drill/driver; two Litheon Slim Packs; 30-minute charger; double-ended bit; and carrying case.


18V Lithium Ion Family of Tools
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Bosch 36618-02 18-Volt 1/2-Inch Compact-Tough Litheon Drill/Driver with 2 Slim Batteries

Limited Offer Today!! Bosch 36618-02 18-Volt 1/2-Inch Compact-Tough Litheon Drill/Driver with 2 Slim Batteries Cyber Monday and Black Friday 2011 Deals

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