Transformational leadership Essay Example | Topics and Well Written Essays - 2000 words

Transformational leadership - Essay Example The group exists to achieve a common purpose or task, and the leader's actions in one area affect both the others; thus successful achievement of the task is essential if the group is to be held together and its members motivated to give their best effort to the job. So, the four key elements of performance should be taken into account. These are: measurement - assessing results against agreed targets and standards; feedback - giving people information on how they are doing; positive reinforcement - emphasizing what has been done well so that it will be done even better in the future; only making constructive criticisms, i.e. those that point the way to improvement; exchange of views - ensuring that the discussion involves a full, free and frank exchange of views about what has been achieved, what needs to be done to achieve more and what individuals think about their work, the way they are guided and managed and their aspirations. Performance and development reviews provide those in volved with the opportunity to reflect on past performance as a basis for making development and improvement plans. Obtaining historical perspective through analysis is a necessary part of the review but reaching agreement about what should be done in the future is what it is all about. The performance review should take the form of a dialogue, not a top-down interview or 'appraisal' (Boehnke, Bontis, 2003). The old routines of central planning and negotiating inputs from might have gone, but there remained the assumption that some other agency would solve the problems: an assumption the CEO himself appeared to share. All of this was taking place within a structure which remained hierarchical, with little involvement of junior management or the workforce, who believed that their product could only sell locally and clung to the assumption that they could sell everything they could produce (Whipp, 1991). This systems view therefore suggests that organisations can and do change by mutually reinforcing and amplifying stimuli within their systems. It is change on the basis of the current ways of doing things: in this sense, it is an explanation of incremental change. The change agent seeking to manage change incrementally would, therefore, search for ways in which changes could be made within current systems, which would have the effect of amplifying change. Education and communication might be appropriate if there is a problem in managing change which is based on misinformation or lack of information. It requires an atmosphere of mutual trust and respect between managers and employees, and might well be time consuming if large numbers are involved in the change since it is unlikely that mass briefings of people will be sufficient to communicate effectively. Many organisations realise that such situations are likely to require small group briefings and debate if the communication is to be effective. However, often the direction or process of strategic change lacks clarity, so relying on processes of communication alone is problematic. The ability to motivate and inspire employees is now a core competence for the best managers. In order to achieve optimal goals three basics would be taken into account: motivation, reward and commitment. Motivating other people is about getting them to move in the direction you want them to go in

Marketing strategies Coursework Example | Topics and Well Written Essays - 4000 words

Marketing strategies - Coursework Example In order to find the strategies and evaluate the factors which will help Murgitroyd to grab the market share at China and expand their business in the next 24 months the company’s strength, weakness, opportunities and threats are evaluated which will help the company to implement their strategies successfully. The global market opportunities are assessed by finding the sales potential in the market. The foreign market sustainability of the products is also needed to be done to find whether the product is suitable for the target market or not. Screening the potential market is the next step the company should follow investment. Then the key business partners and the distributors’ availability are researched who are the main drivers of the business. Understanding the customer behaviour is also an important factor which will help the company to estimate the sales forecast of Murgitroyd. ... Companies are essentially spending huge amounts of resources towards research and development to create unique products. Firms are also trying to protect their intellectual property rights so as to prevent their competitors from infringing and illegally using their research. This has also augured numerous opportunities for organizations that provide patent and copyright protection to the firms. The present study would analyse the business strategies of a Murgitroyd and Company with regards to its business strategies in China so as to improve its market share in the nation in the coming 24 months (Miele, 2000, p.1). Murgitroyd and Company is a UK based patent and copyright consultancy firm that provides legal and consultancy services to business organizations for protecting their intellectual property rights. The company provides services to its clients based across UK, Finland, France, Germany, Spain, Ireland, Italy, Japan and the United States of America. The company has over the ye ars grown as a mature organization with a dedicated workforce and is presently considered to be one of the leading consultancy firm of its kind in the European market (Murgitroyd & Company-a, 2011). The Chinese market provides opportunities to the organization considering the large number of manufacturing organizations present in the nation. The technological advancement at China with growing demand for the enterprise IP services gives a great potential for the company to explore their business in this part of the world. However there are certain challenges in the nation that mainly arise due to certain legal aspects. (The Economist, 2005, p.1-9). Moreover with the government largely favouring domestic players

Globalization and Its Enemies Article Example | Topics and Well Written Essays - 1500 words

Globalization and Its Enemies - Article Example There are various debates regarding the origin, driving forces, and transformative powers of transformation (Guttal 523). Supporters and critics of globalization have agreed that advancement in technology and communication have made globalization possible. For instance, banking institutions in Britain are able to reach and communicate with their counterparts in Asia, America and other parts of the world. Further, internet allows currencies to be traded worldwide. There is disagreement on the powers, natures, and origins of globalization (Guttal 523). Is it civilizing or destructive? Is it politically neutral or ideologically driven? Some people argue that globalization is driven by greed and interest to accumulate and control material wealth, for which capitalism provides a rational operational framework and ideology. They argue that globalization is a concept invented to favor the elite. In their views, factors such as global migration from one country to another have led to increas ed security lapses (Guttal 524). They have attributed globalization to environmental degradation, which has resulted to the sprouting of slums in developing countries. Critics of globalization insist that globalization has resulted to uneven distribution of the wealth, which has resulted to selective economic booms in the world. They view globalization as capitalist process that has its origins far back as the industrial revolution era in Europe and has grown since the disintegration of the soviet union as a suitable form of economic organization. Globalization is a force of capitalist expansion and modernization, incorporating the integration of all economic activities into the world market in order to create wealth for the nations. Guttal (524) has argued that to counter one another’s assertions about the merits and demerits of globalization, both the critics and the proponents have fronted several arguments in relation to the economic, political, and social aspects of glob alization. Aspects of the economy that are majorly associated with globalization include investment, trade, and migration. This enables traders to easily access goods and even services in a more broad way than it used to be in the past years. Further, new and expanded global opportunities boosts the global economy as different kinds of exchanges taking place between states encourages positive global competition thus resulting in simultaneous global economic growth (Guttal 524). As Guttal states in the article, critics have held that free trade posses danger to domestic industries. In addition, the concept of globalization has led to the defragmentation of the environment and job loss. They assert that by countries accepting to get into foreign and regional financial schemes, they automatically lose their financial sovereignty and in turn, embrace foreign policies that may be contrary to the unique needs of its citizens. The other view is that multinational corporations may acquire e xcessive power in a particular country, which may in return compromise the needs of the citizens in general. Proponents perceive that, globalization has played a key role especially in the political sphere an argument that has received major backing from globalization nationalists.

On Line Recruiting Essay -- Business Hiring Job Jobs Employer Essays

On-Line Recruiting On-line recruiting is the process of attracting and hiring applicants for positions within an organization through use of the internet. In this paper I will assess an on-line recruitment service, identify the advantages and disadvantages of this vehicle as a recruiting technique for an organization, evaluate the pros and cons of dealing with virtual resumes, and develop criteria an organization can use for selecting an on-line recruiting service. CareerBuilder.com is an on-line recruitment service based out of Reston, Virginia. Their resume database contains of over 1.5 million resumes, utilizes over 250 search agents, and has over 48,000 jobs posted on the main site, as well as 243,000 on their network, which consists of over fifty participating sites and network job boards. CareerBuilder.com was rated by the February 2000 Forester Report as the most efficient on-line service, and claims to provide employers with the best access and exposure to top websites such as MSN and USA Today, along with various industry sites and localized new sites. CareerBuilder.com also provides interactive banner advertising on its home site, as well as all participating job sites and career centers on the internet, providing additional advertising exposure to their cclients (Career Builder, Inc.,1996-2000). Although the Job Search Agent only hunts through jobs posted on the Career Builder network, which limits the amount of informa tion available to their clients, CareerBuilder.com was rated by The Standard.com as ?by far the best job megasite for employers... practically perfect in every way? (Slayton,2000,popup chart). There are several advantages and disadvantages to using this particular vehicle to recruit potential employees. Using an internet recruitment service is more cost effective; a newspaper advertisement costs between $50 to $100, and is good for approximately ten days. An internet listing costs as little as $10, and lasts up to thirty days. Internet services also provide immediate results, where as newspaper ads can take as long as one week for the company to receive any responses. Lastly, utilizing the internet provides an employer access to a greater number and range of applicants . Disadvantages include a greater amount of responses to review, which can be very time consuming, many of which may not be ... ... In summary, the introduction of the internet has completely altered the way employers hire, how individuals seek out work, how employees feel about their current employer, and how companies manage human resources. The utilization of an on-line recruitment service has become a necessary, as well as very effective way, to organize and manipulate the information available to both employers and employees adequately in today?s job market. References Career Builder, Inc. (1996-2000). About Us. CareerBuilder.com. [On-Line]. Available: http://corporate/ourcompany.html. Career Builder, Inc. (1996-2000). What We Do. CareerBuilder.com. [On-Line]. Available: http://corporate/employers.html.. Slayton, Joyce (2000). Recruiter Beware. The Industry Standard Magazine. [On-line]. Available: http://www.thestandard.com/article/table/0,213,18304-1,00.html?popupw=511 Dessler, Gary (2000) . Human Resource Management. New Jersey: Prentice Hall, Inc. Human Resources at Wharton (2001). How On-Line Recruiting Changes the Hiring Game. Knowlege at wharton.Com. [On-Line]. Available: http://knowlege.wharton.eupenn.edu/articles.cfm?articleid=314&catid=10.

Amazon.com Site

Recently, Amazon. com has enjoyed amazing sales and market share growth. However, Amazon. com is still running under an operating loss. This report will examine the historical strengths and weaknesses of Amazon. com, as well as the current opportunities and threats. The current strategic plan includes expanding into either online auctions or B2B exchanges. It is believed that Amazon. com’s many partnerships, as well as its technical expertise with online web platforms, would make it an instant leader in online auctions and B2B exchanges. After examining these metrics, I have come to the conclusion that Amazon.com should focus on: 1. Increasing its international market share, possibly into the Middle East and China. 2. Increasing market share in current markets in North America and Europe. 3. Delay entrance into online auctions and B2B exchanges until Amazon. com shows a consistent profit and those profits can sustain the large expense of setting up a new business model. Evalua tion of Current Objectives and Current Strategy Amazon. com has always had an objective to sacrifice short-term profits for building long-term growth, market share, and increased shareholder value.Now, Amazon. com is concerned with developing an effective differentiating enterprise-wide strategy, all the while maintaining the desire for expansion. This includes the possibility of moving into online auctions, competing with eBay, and B2B exchanges, optimizing the partnerships Amazon. com already has. Current Strengths and Weaknesses Strengths: †¢ Amazon. com has shown record sales and has reduced its operating loss dramatically and consistently increased market share and expanded product offerings. †¢ Amazon.com has a reputation for being one of the first businesses online and embracing the idea of taking orders through a website – first-mover advantage. †¢ Amazon. com has no physical stores. This creates low overhead which means a bigger profit margin on increa sed sales. †¢ Amazon. com collects payments immediately and floats vendor payments 30-40 days, which generates a large working capital. †¢ Amazon. com has contracts and alliances with many suppliers. †¢ Amazon. com has a large and loyal customer base. †¢ Amazon. com has an online shopping platform that is the envy of the retail shopping world. †¢ Amazon.com has partnerships with other retail companies to cross-sell products. Weaknesses: †¢ Investment in other online companies resulted in a loss of close to $135 million. With the current economy, similar losses could be felt again. †¢ Amazon. com is still maintaining an operating loss. †¢ Shareholder pressure to show a profit is great. Analysis of Current Environmental Threats and Opportunities Threats: †¢ Increased competition. †¢ Overall poor economic environment. †¢ Possible repeal of the sales tax exemption. Opportunities: †¢ Leverage the large customer base in expansion into new market segments.†¢ Use experience of expansion into foreign markets to further expansion into the Middle East and China, with large computer-savvy populations. †¢ Use well-known and easy-to-use platform to expand base of suppliers that use Amazon. com’s website offerings for their own online presence. Stakeholder Analysis †¢ Government agencies are interested in Amazon. com because of its wide reach. Being an international organization and crossing state lines within the United States, Amazon. com’s increase in sales could yield high profits to the countries and states in the form of taxes and permits.International government would also be concerned with an American presence and the affect that has on the people. †¢ Labor unions do not have much of a stake in what happens to Amazon. com because it has very few employees and all of the positions are traditionally not union jobs. †¢ Competing organizations are definitely interested in A mazon. com’s performance. Amazon. com has developed so many partnerships that it is difficult to increase market share and almost impossible to enter the market. If they were to expand into online auctions or B2B exchanges, Amazon.com’s reach may drastically cut into the market share of its competitors. †¢ Employees would be affected by Amazon. com’s performance because of stock options and the viability of the company. †¢ Suppliers would be concerned with Amazon. com offering competitive products at a lower price, similar to Amazon. com’s concern when they set up zStores. They would also be concerned with Amazon. com offering products that are competitive on the same site. †¢ Customers would benefit from an increase in availability of the products they desire on a platform that is well-known, safe, easy, and custom-tailored to meet their needs.†¢ Civic groups may be more interested in the Amazon. com as more products will be more avai lable to the population. †¢ Public interest groups may take a greater interest in Amazon. com in a similar manner to the civic groups. They would also be interested in the working conditions of Amazon. com’s partners. †¢ Stockholders will most definitely be affected by any change in Amazon. com. Being so close to showing a profit rather than an operating loss, shareholders are interested in increasing sales, decreasing cost, and increasing market share. Identifying Current Problems†¢ The first alternative (online auction) encourages email marketing (spam) and television marketing (which has proven not to be cost effective in the past). †¢ Setting up a separate online auction takes the risk of diluting the image of the overall organization. Amazon. com is known for quality, and auctions are known for deep discount shopping. It also goes against the mission of creating one giant organization all under one brand. †¢ Competing with eBay on pricing structu res sets up a price war, which minimizes the draw of Amazon. com’s quality and customer service. †¢ Setting up a B2B exchange could cause a conflict of interest for Amazon.com between existing partners and potential ones, stifling the availability of suppliers available in the exchange. †¢ Creating a B2B exchange that is not specialized waters down some of the impact. Coupled with competition from other exchanges, it could compromise Amazon. com’s existing partnerships. Alternative Strategies †¢ Focusing on maintaining market share in existing markets. †¢ Not expanding into other markets until Amazon. com is showing a healthy profit and is able to finance the expansion with profits. †¢ Expand into other countries, developing even more of a presence, perhaps in the Middle East and China. RecommendationsMy recommendation would be for Amazon. com to focus its finances and energy on increasing its existing market share. Expansion has worked for Ama zon. com all along, but I am concerned that it is becoming too large of a giant, potentially spreading too thin. If Amazon. com focused its efforts on expanding into other markets, like the Middle East and China, doing what it does best, and increasing market share in existing markets, it could show a profit for a while. Then, after the auction industry has settled down, Amazon. com could present itself as a fresh new alternative to the tired, worn-out ways of the likes of eBay and Covisint.

Social, Political And Economic Implications Of Money

Throughout the course of this semester, we have examined the role of money in our society and have been introduced to scholars and economists that have offered rationale for the social, political and economic implications of money. One overwhelming theme that has lingered throughout most of the readings and lectures is the idea of inequality, particularly within the scope of the American economy. While other economies such as China or India are labor-based economies, I have found that America’s Capitalist economy is fueled by multiple facets racial inequality. The moral argument against racial inequality under an economic lens is simple yet, expected; when we deny opportunities for people of color in the same way we have them established†¦show more content†¦Black men are being denied the chance of a full life with all of the rights; privileges and opportunities of white men and similarly, the families/communities from which they come from are also at a significant di sadvantage. A National Bureau of Research study found that Black families between 2004-2008 were 54% more likely to be charged higher on their mortgage rates than white families. This fact alone drives two main issues I will explore in this paper: the implications of socioeconomics and how inequality drives the American economy through the lens of mortgage lending. One theorist I will use to explore these ideas of inequality is John Maynard Keynes. Keynes argued that capitalism is â€Å"a mere congery of possessors and pursuers† (Keynes 60) and he also asserted that â€Å"economic output is only based on the aggregate demand†. Between 2004-2008, when Black families were getting charged higher interest rates on their homes than white families with similar incomes, large banks were pocketing millions of extra dollars from these families as many of the rates today would have been considered â€Å"sub-prime rates†. This predatory act placed against people of color encouraged classism and as a result led to negative socioeconomic outcomes moreover, the notion of â€Å"white

Graduation Speech Elementary School - 872 Words

From my kindergarten beginnings up to my recent experiences, I have always wondered about the world around me and always tried to put others needs before myself. My father also thought of me as a caring philosophy due to things like questioning about â€Å"What is death?†at a young age. My elementary school, Foothill Oak, has shaped some prejudices and arrogance that I did my best to hide and fix through my middle school through high school. In Foothill Oak Elementary School I was one of the few that liked math and did my best in school. In that time I developed a prejudice against Hispanics due to being bullied by a few and not having the academic drive I did. Yet I had a few Hispanic and Latino friends that wanted to learn in school as I did but many of them didn’t. In elementary school, I felt like I wasn’t challenged in math at all but the real challenge was reading and writing. I didn’t know why, but I skipped sentences, mixed up b’s with dâ₠¬â„¢s and I was slow at reading but, everything I did read I understood it completely. My parents thought I needed help so they sent me to a reading and writing class during a summer to help. It didn’t help much, but then we concluded that I might be dyslexic because my Father was dyslexic, but his love for reading was some much, due to a harsh childhood, that he was able to compensate for it. Later, they found a place called â€Å"Brain Highways,† and it was meant for children with underdeveloped brains. So we did it with a recommendation fromShow MoreRelatedGraduation Speech : Elementary School1019 Words   |  5 PagesI volunteered at W.B Sweeney Elementary School in Willimantic, Connecticut. I was with children in grades kindergarten through fifth for two hours after school every Monday this past semester. I thoroughly enjoyed helping them with homework, doing activities, and just getting to know them individually. 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While in elementary school I was often found daydreaming and was often bored. After taking a series of standardized tests I was recommended for the gifted programs that were offered at the time. Although I did not want to beRead MoreGraduation Speech : Elementary And Middle School1669 Words   |  7 Pageswhere I was headed. My elementary and middle school years were just like any other Catholic school student. My schedule consisted of going to school, attending chur ch, a sports practice, and then completing homework like everyone else. It wasn’t until eighth grade, where I was uprooted from that cookie cutter lifestyle, that I was actually challenged and pushed harder to be the best person possible, and to overcome the diversity and influences that I faced in the public school setting. Eighth gradeRead MoreGraduation Speech : Elementary Summer School Program1100 Words   |  5 PagesEvery year, I have the opportunity to teach an elementary summer school program. Although this program only last for a month and a half, parents want to see some type of learning progress with their child; rather big or small. I believe given informal assessments throughout this program will help show the parents and students how they are making progress or what extra help can be provided for them to make the progress that they need to make. My classroom is consisted of 8 kindergarten students. TheirRead MoreSpecial Speech On Special Transition891 Words   |  4 Pagesthis special event. You are all are going to witness a special milestone that will forever be in our hearts. Remember that your presence alone supports us in every way possible as we are going through a special transition today. Now, I will start my speech. ----- A milestone. What is a milestone? Today, we are going to experience a milestone. A life milestone that all of us, in the future, will look back to and talk about how things were back then to the current lives we live in, the things weRead MoreA Curriculum For All K 12 Grades1129 Words   |  5 Pagesin each particular grade level. This administrative code allows districts to require more to the curriculum while restricting the removal of any of the foundation and enrichment curriculum requirements. Section 74.2 lays out the requirements of elementary curriculum by requiring districts with kindergarten through fifth grade to provide the TEKS in section 74.1, to support teachers by providing enough time for them to teach the TEKS and for the student to receive or learn the TEKS provided in English