Premium Essay

Management Essay

In:

Submitted By poloesquire
Words 3414
Pages 14
Course Project Paper #4
John Richardson
Keller Graduate School of Management

Abstract
Marvel Entertainment, LLC (Marvel) has been producing toys, comics and stories filled with characters that have played a substantial role in the childhoods of millions. In this paper I will examine the leadership that allowed Marvel to emerge out of bankruptcy into a largely profitable company in less than a decade. The type of change that Marvel experienced is not the norm for companies that were in their position, making their story intriguing and valuable to anyone who learns from the success of others. In this paper I will analyze the strategic rationale for change that took place at Marvel, propose a suitable change process for their situation and examine possible obstacles they will face when restructuring their organization.

Course Project Paper #2
Developing a Communication Plan
Marvel finds itself in a very precarious position emerging from bankruptcy. After a company goes through the bankruptcy process, its customers, employees, partners and investors find themselves consumed with uncertainty when it comes to future prospects. As a result, I believe Marvel must take on reestablishing its image as a boundless and profitable company. Marvel has to put forth communications that clearly separate its future from its past while providing achievable goals for the future. Since Marvel now has a recent track record of failure, it will be fresh on the minds of those who can help them grow in the future. Marvel’s stakeholders have taken a big hit financially and are well within their right to be critical of every step that Marvel will take going forward. Marvel’s communication strategy should find a way to address the ocean of criticism it will face by defining how they should be judged. Information

Similar Documents

Free Essay

Essay Management

...BEMM059 – International HRM (Term 1, 2015/2016) QUESTIONS: INDIVIDUAL ESSAY Submission deadline: Friday 11 December, 12noon (via Turnitin only – see link on ELE). Please see the Module Handbook (on ELE) for details. Case study is entitled: “The Wuhan Erie Polymers joint venture”. The maximum length of the essay is 3,000 words (+/- 10%) – excluding any cover page, appendices (should be kept to a minimum), and the reference list. I recommend you to engage with minimum 25 appropriate academic sources in your essay. It is also imperative that you draw extensively upon research findings, theories, and concepts from appropriate subject-areas in the academic literature in order to support your answers, arguments and analysis. Making comparisons with other firms/industries, using practical examples, in addition to assessing the case study beyond the year it was published would also attract more marks. The minimum mark for passing the essay is 50% (School policy for PG modules). See the list uploaded on ELE regarding the criteria that you will be assessed on. The essay counts for 75% of the mark towards your overall Module mark. You must answer all 3 questions below, and the weighting of each question has been indicated (which serves as a recommendation for allocation of words). Some questions have sub-questions. You also need to include a brief introduction and conclusion. (10/75 marks) 1. If you were advising the organisation on who should be chosen to succeed Wong – what would your...

Words: 402 - Pages: 2

Premium Essay

Professional Carrers in Management Essay

...com/id216529169 Professional careers in management Essay Kiev 2013 Introduction The word career consist all types of employment starting from semi-skilled through skilled, and semi professional to professional. The term careers has often been restricted to suggest an employment commitment to a single trade skill profession or business firm for the entire working life of a person. In recent years, however, career now refers to changes or modifications in employment during the future. Career Management Career Management is the combination of structured planning and the active management choice of your own professional career. The outcome of successful career management should include personal fulfilment, work/life balance, goal achievement and financial success. There are many definitions by management scholars of the stages in the managerial process. The following classification system with minor variations is widely used: 1. Development of overall goals and objectives, 2. Development of a strategy (a general means to accomplish the selected goals/objectives), 3. Development of the specific means (policies, rules, procedures and activities) to implement the strategy, and 4. Systematic evaluation of the progress toward the achievement of the selected goals/objectives to modify the strategy, if necessary. Goals or objectives development The career management process begins with setting goals/objectives. A relatively...

Words: 794 - Pages: 4

Free Essay

Management Essay

...Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the account Upload one essay to the...

Words: 300 - Pages: 2

Premium Essay

Management Essay

...Management Style Essay Lacreshia Hampton HCS/325 November 24, 2014 Sandra Marken Management Style Essay The definition of management can be defined as achieving goals in a way that makes the best use of all resources. When dealing with management managers have resources that at their disposal to invest. They have to deal with the people, material, and a budget, in addition to their own time and energy. Management can also mean the process of reaching organizational goals by working with and through people from other organizational resources. When dealing with management it is best if they use the four basic functions planning, organizing, influencing, and controlling. When it comes to being a good manager superior communication skills is very important. It is very important because it strengthens your ties with your employees to encourage true stand limit conflicts. Listening is also important because when employees are sharing ideas, in a team gathering or when emotions are high. Leading with transparency and honesty is another good quality because it is best if we update our employees on small successes and concerns so that they are aware of what is going on at all times. Another good quality of a manager would be motivating positive feedback and recognition because it is important when an employee is doing a good job we let them know that we appreciate the good work that their doing. The poor qualities...

Words: 378 - Pages: 2

Premium Essay

Management Essay

...Management essay [...] Following my explanation in Fig. 1, I believe, whilst technical skills applies to the lower-level managers, it paved the way for the managers be more effective in their task in understanding their own function and prepares them to move up the hierarchy, building confidence and self esteem. With better confidence and knowledge, the managers tend to excel in their interpersonal skill. Interpersonal skills will assist the manager better in walking his job. The constraint for a manager at this point is his own attitude, assumption and beliefs, which may well influence the way he interact with his subordinates and peers to meet the organization’s goal. [...] [...] One of the major issues that need to be considered in the management of knowledge is the identification of organisational knowledge, which can be, and needs to be captured. That is an important issue in knowledge management: what knowledge can be captured and information that cannot be captured. An example of knowledge that cannot be captured is some parts of a telephone conversation. A telephone conversation is full of current and up to date knowledge, and the conversation can be recorded to reuse the knowledge that has been created or mention on the telephone. However, if none of the conversation is recorded, and therefore, the knowledge that is created can be quite easily lost and is not captured. [...] [...] One concern with social capital arises from organisations’...

Words: 374 - Pages: 2

Premium Essay

Management Essay

...In s short essay, discuss job analysis, job description, and job specification. Job analysis is more fundamental. Its typically a lengthy process, one in which workflows are analyzed and skills and behaviors that are necessary to perform jobs are identified. Job description is a written statement that describes the job. It typically portrays job content, environment, and conditions of employment. However job specification states the minimum qualifications that a person must posses to perform a given job successfully. It focuses on the person and identifies the knowledge, skills, and attitudes needed to do the job effectively. Discuss 3 of the traditional training methods that managers use to improve employee skill sets? Typical training methods are divided in two categories: On the job training and off the job training. There are several types of training and I am going to identify three of them: Job rotation, belongs to the on the job training categorie, lateral allowing employees to work at different jobs is one of its characteristics, another characteristic of job rotation is that it provides good exposure to a variety of tasks. Another method “on the job training” is understudy assignment: It refers to working with a veteran, coach or mentor. It provides knowledge from an experienced worker. Another method but that belongs to the “off the job training” is classroom lectures. They are lectures designed to convey specific, general, interpersonal and problem – solving skills...

Words: 910 - Pages: 4

Premium Essay

Management Essay

...MANAGEMENT STYLE ESSAY Sarah Smith HCS/325 FEBRUARY 29, 2016 SUSAN COX MANAGEMENT STYLE ESSAY Management to me means that it is someone who is in charge of either a store or office. It is their job to make sure the employees are doing what they are told to do. Also making sure the company is running in correct order. Some managers have to deal with customer issues because the employee is not qualified to do so. There are ten different qualities to a manager to make a successful team leader. According to "Project smart" (2009). “1. Creativity is what separates competence from excellence. Creativity is the spark that propels projects forward and that captures peoples' attention. Creativity is the ingredient that pulls the different pieces together into a cohesive whole, adding zest and appeal in the process. 2. Structure: The context and structure we work within always have a set of parameters, limitations and guidelines. A stellar manager knows how to work within the structure and not let the structure impinge upon the process or the project. Know the structure intimately, so as to guide others to effectively work within the given parameters. Do this to expand beyond the boundaries. 3. Intuition is the capacity of knowing without the use of rational processes; it's the cornerstone of emotional intelligence. People with keen insight are often able to sense what others are feeling and thinking; consequently, they're able to respond perfectly to another through...

Words: 906 - Pages: 4

Premium Essay

Management Essay

...MANAGEMENT BY RESULTS Bachir Mazouz, Professor École nationale d’administration publique bachir.mazouz@enap.ca Management by results (MBR), or results-based management (RBM), is a government performance management framework with three logically linked focuses: the quality of public services, the optimization of available means and resources, and the accountability of public sector managers. Figure 1: The three focuses of management by results Source: Mazouz and Leclerc, 2008 MBR is based on the principle of performance commitments. Indeed, managers cannot simply set objectives, as in management by objectives, but must also undertake to achieve those objectives. Managerial action is thus subject to an obligation of results (or a performance commitment) and should ensure, or at least facilitate, the achievement of results targets. The three constraints that have to be managed within the context of this approach are the scarcity of the resources and means placed at the disposal of managers, compliance with legal and administrative rules, standards and practices, and the satisfaction of citizens, viewed as clients, users and recipients of public services (Mazouz and Leclerc, 2008). Generally speaking, MBR makes results central to managerial and organizational action. For Mazouz and Leclerc (2008), the concept of results refers to four specific and measurable categories of outputs that the managers of public service supply systems must consider in their quest for performance:...

Words: 2774 - Pages: 12

Free Essay

Management Essay

...Ayesha Malik 212507224 Midterm ADMS 3930 W15 Harbor General Hospital initially began as two separate hospital under two different managements, however after a merger the two are under one management with very different climates. This merger has not united two organizations as it should have and instead has caused dysfunction, demoralizing behaviors, and lack of leadership to take place in the organization. To prevent the problems that have occurred at General Harbor Hospital, at the time of the merger, management could have implemented policies and taken action. These policies and actions, which fall under organizational culture, Organizing, and Decision Making, could have prevented the problem presented in the case if implemented at the time of the merger. The root cause of the problem is the lack of communication between employees at the harbor site, the disengagement along with lack of synergy in the organization, and poor decision-making on the management’s part. The merger seemed as a hostile takeover to both employees at the harbor, and general hospital. The employees at general hospital believe they are superior, because of the hospital’s size and employee count, in comparison to the harbor site. This type of immoral behavior is affecting the synergy of the entire organization. Employees are more likely to have conflicts, if they believe one site is more superior to the other. By using an accommodative strategy and a proactive strategy, during the merger, the...

Words: 1291 - Pages: 6

Premium Essay

Management Essay

...One of the hardest things in running a smooth and efficient business and team, is having a good management style. In my opinion, I would even say that good management is the key to having a successful business or not. Producing good results is a direct result of good or bad management. If a manger has bad management style it will show in the negative results produced by his or her team. However, if a manager has good management techniques then it will produce positive results from the team. Having a good management style is not an easy thing to obtain and can be difficult for many managers. In an article called “Creating an Environment for Your Team to Strive” by Esteban Quiros, the reader is introduced to a new and innovative way of thinking and managing. In this article, Quiros the most important component of management is communication. There are many things surrounding communication, however, the main focus of any manager should be communication. As the author points out, every manager should be able and willing to communicate with every single person on their team. Managers need to be aware of the needs and capabilities of their team. “Success as a leader depends on your ability to enable your team to reach objectives and to motivate them to win”. In this quote from the text, Quiros is telling us that managers must be able to motivate the people they are managing. They must be able to want to do well at their job. In order to do so the author explains several different...

Words: 908 - Pages: 4

Premium Essay

Management Style Essay

...Management Style Essay 04AUG14 Ebony Jackson Management Style Essay My definition of management correlates with the definition given by BusinesDictionary.com, which states, “management is the organization and coordination of the activities of a business in order to achieve defined objectives. Management consists of the interlocking functions of creating corporate policy and organizing, planning, controlling, and directing an organization's resources in order to achieve the objectives of that policy”(Management, 2014). Basically management collaborates the efforts and thoughts of individuals and unites them under the same goal and premise of the greater organization which all are apart. Good qualities of manager consist of effective time management, providing sound training and mentoring of staff, hiring well, providing regular feedback, and addressing performance issues directly and constructively. Good managers usually perform well under pressure and when unexpected problems arise they quickly rise to the occasion. Effective managers have expertise with interpersonal relationships, facilitating and understanding the needs of his/ her staff. Poor qualities of a manager include inadequate training, yelling and shouting to make a point, high turnover rate of staff, and dictatorship style of management which offers no input from others. Managers that require additional training to become successful usually have poor performance statistics and unhappy employees that do not...

Words: 375 - Pages: 2

Premium Essay

Management Style Essays

...Management Style Essay Joyce Davis HCS/325 3/23/2015 Management Style Essay Introduction Today’s paper is about management styles. I will discuss things; such as what management is and what are the good and poor qualities of managers. In addition; do these conditions change based on the social environment, work environment or home environment? Last, I will discuss the results of my management quiz. This part of the discussion will focus on whether or not I agree or disagree with those results. What do you define as management? Management equals having the ability to lead, plan, organize, control, make decisions, and direct others in achieving an organization’s goals and their mission. Managers perform many duties on the job. They are required to build an active staff. It is their responsibility to ensure that production is met at all times. In doing so, frequently it is up to them to dismiss employees. Sometimes it is not an easy task to fire someone. In addition, it takes skills to work with a team of people and ensure that those individuals are performing at their ultimate best. What are good qualities of a manager? In order to be a good manager, one must possess the ability to lead and govern others as well as themselves. If this person is unable to control his or herself, they cannot be expected to manage others. It is also important that the individual can effectively communicate. They are the ones that work with people inside and outside...

Words: 676 - Pages: 3

Premium Essay

Management Essay

...Cover Page Management Report of: Written By: Student Number: Total number of words: Table of Contents 1. Introduction 2 2. SWOT Analysis 2 3. 4 Functions of Management 2 3.1 Planning 2 3.2 Organising 2 3.3 Leading 2 3.4 Controlling 2 4. Analysis & Conclusion 2 5. Recommendations 3 6. References (at least 5 references) 3 1. Introduction Nike is the world’s leading athletic footwear, equipment, apparel and accessories company. Nike dedicates to inspire every athlete to reach his or her best potential. Nike’s co-founder, Bill Bowerman saw many possibilities that human could achieve through sports. Nike believes in “bringing inspiration and innovation to every athlete in the world”. Nike also believes that as long as as you have a body, you are an athlete. Bill Bowerman and Phil Knight founded the company in January 1964 as Blue Ribbon Sports, and it became Nike, Inc officially in May 1971. “Nike markets its own products under its own brands, as well as Nike Golf, Nike Pro, Nike+, Air Jordan, Air Force 1, Nike Dunk, Foamposite, Nike Skateboarding, and subsidiaries including Brand Jordan, Hurley International and Converse.” (Nike, Inc) As of today, Nike has employed more than 44,000 people worldwide. And in year 2010, the brand alone was worth $10.7 billion, which makes it the most valuable brand among the industry. (Schwartz, 2010) The aim of this management report is to focus and analyze solely on Nike regarding its current attractiveness...

Words: 2032 - Pages: 9

Premium Essay

Leadership and Management Essay

...CHARTERED MANAGEMENT INSTITUTE DIPLOMA IN MANAGEMENT Leadership Practice Unit 5013 Tony **** 9800******** The commercial world of today moves with an ever increasing pace, leaving businesses to adapt or react quickly to avoid being overtaken or leading to possible failure. For any business to survive and flourish long term they ultimately need a sense of purpose – a raison d’etre, a direction to follow and to know what exactly they stand for. Whilst it is true that often the values, beliefs and vision of a business is generally set in place by the business owners, CEO, MD, board members and alike, it is only when those very same values, beliefs and vision become shared by the workforce, and a culture is born, do they come to life. In this essay we will be establishing views on leadership, management and corporate culture as well as focusing on the men and women that both lead, manage, shape and direct our various global organisations. When asked what managers do, most people would likely say that managers ‘manage things’ like processes and systems, resources and standards. Managers are generally not known for being inspirational, risk taking or having people want to follow them. For a manager to be viewed as a leader, and one that is effective he or she must start to lead more by example, to willingly surrender some of their managerial power by empowering others, and to begin...

Words: 3088 - Pages: 13

Premium Essay

Essay - Scientific Management

...“In the past the man has been first; in the future the system must be first.” (1. Taylor 1911: IV) This essay will explore why Taylor called his theory of management ‘scientific’. It will at first look at some fundamentals in Taylors work: measuring, standardizing and curing soldiering, then look at what happened with the perfect man, and further on conclude why this describes management as ‘scientific’. Firstly the essay will look at how Taylor measured manufacturing. Taylor discovered by dividing every movement done by a man into small pieces and time each piece, you can calculate the fastest possible way to do the work. For example Gilbreth (2. 1910-1924) measured how workers stamped dating requisitions, the results are shown in the following table: 1. One handed method | 1900 cards per hour | | 2. Two handed method | 2300 cards per hour | 21% more output | 3. Two hands and one foot method | 3050 cards per hour | 61% more output | (2. Developed from http://archive.org/details/OriginalFilm) As shown in the table provided, Gilbreth measured how much time was spent on stamping dates on cards. Based on these measurements he invented improvements to the stamping motions. That gave extraordinary results. In the last test with two-handed movement and stamping with a pedal he got 61% more output than in the first test with one handed stamping. By making all the workers do the same movement, the manager could get 1150 more cards stamped per worker per hour. Gilbreth basically...

Words: 726 - Pages: 3