...AFFIRMATION OF OWN WORK Both, Jacqueline Joseph and David Kadzirange affirm that:- The submission of this assignment on Managing and Leading Strategically module is the result of our own work. Primary and secondary sources of information and any contributions to this work by third parties other than the tutor’s have been fully and properly attributed. Should this declaration prove to be untrue, We recognise the right and the duty of the Board of Examiners to take appropriate action in line with the University of Gloucestershire regulations upon assessment. Signed....................................................... On the ..................day of........................... 2012 Executive Summary The following report is an analysis of the contribution that Jim Collins has made to the literature and field of leadership. It has been written by the two authors in response to assignment requirements for the Managing and Leading Strategically module which is a partial fulfilment for a Masters in Business Administration degree with the University of Gloucestershire. Olivine Industries is a wholly owned Zimbabwean company, that is a key player in the manufacturing of cooking oil margarine and soaps The business is headed by the managing director Jonas and his supporting executive team. The business is currently implementing a turnaround strategy in an effort to recover from the effects of the 9 years of economic meltdown the country experienced between 2000 and 2009...
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...Principle” [3]. The second position is the archetypal view. Those who hold this view, such as John Walton, an influential scholar who has written several books on the topic, believe that Adam was a real man, but was used biblically as an archetype, or a representation of humanity as a whole. According to this view, Adam may or may not have been the father of mankind, and that the Bible should not be used as an argument against scientific evidence about human origins [4]. The third position, old-earth creationism, suggests that Adam was the real “[headwater] of humankind” but argues that the Bible does not limit the timeline of history to a young-earth perspective. This view has been vocally promoted by a seminary professor named C. John Collins, who has also written a famous book on the subject entitled Did Adam and Eve Really Exist?: Who They Were and Why You Should Care [5,6]. The fourth view, young-earth creationism, proposes a very literal interpretation of Genesis 1. According to this view, Adam was supernaturally created by God and was the father of the entire human race. Supporters of this view, such as William Barrick, a professor at the Master’s Seminary, insist on the critical nature of the historicity...
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...Name Professor Course Date Book report- Good to Great Good to Great is a book written by Jim Collins. It is a management book which describes how companies change from being the normal average companies to being greater than they anticipated while others do not go through that transition. It is one of the most successful books published for businesses. The title itself gives the reader the summary of what to expect; how to change a good company into a great company. It is clear to see how the author has mastered the art of writing a captivating management book. He uses various methods to do this ensuring the reader keeps turning the pages. The book has a lot of charts and visuals to further bring out the message he is explaining. He uses metaphors in many parts of the book to explain simple concepts like ‘get the right people in the bus, they have to be in the right seats then the bus connotes movement (Collins)’ instead of that he could have just said ‘hire good people.’ This is what separates this business book from the rest. He also focused more on the lists which one should stop doing rather than the common to do lists. Collins also gives researched information with proof to his readers giving examples of companies thus making it believable to the readers. Before the writing of the book, a research team of over 25 people headed by Jim Collins was done in five years. They aimed on getting data of revenues and stock values of companies which had great results and...
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...Challenge”; I told myself to maximize this opportunity to learn something significant. Broadening one’s knowledge and learning from the best leadership books ever published is like a gift that landed on my lap. 1st day of my 30 day reading journey, I made a strategy with 1 end goal - to enter the minds of all the authors and get the best learnings and most importantly practice it. It wasn’t an easy task - the first few attempts on reading the summaries, I started to doze off at page 2. But I needed to finish not because of the challenge, but because it is an opportunity that should not pass me by. I decided to do it in a way which I will enjoy and love doing it. Since I liked formulas so much and doing it in excel I decided to come up with a “leadership matrix” based on the different books and from there have a formula for being a great leader. I made my summary of the summaries and counted how many times a particular quality or trait will be written by different authors. By this time I started to look forward to reading each summary. Before book # 1, I sat and looked back at the 17 years of my work life and started to ask myself what kind of a leader I am, to accept the brutal facts of how far am I from being a great leader. On the 26th book, finally came up with an equation which I felt and believed is the formula for being a great leader. [pic] What Does It Take to be a Great Leader: The Formula What does it take to be a great leader...
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...Dilemma Scenario | 1/27/15 | Srujana Lingampally | Gather data systematically | 1/28/15 | Chuks Erinne | Analyze data Systematically | 1/29/15 | Surya Yelamanchili | Negotiate social contract | 1/30/15 | Munyaradzi Mujeyi | Judge each of the alternatives | 1/30/15 | Group Members | Conclusion | Table of Contents 1. Ethical Dilemma 2. Paramedic Method for Solving Ethical Dilemma 1. Gathering the data systematically: 2. Analyzing the data systematically: 3. Negotiating a social contract agreement: 4. Judging each Alternative according to ethical theories 3. Conclusion 4. References 1. Ethical Dilemma GS Bank is the nation’s leading financial institution for all the personal financial needs in America. Jim and Cathy are the two database administrators working at GS bank and also best employees of the bank for almost 10 years. They are also good friends, help each other at work and live in the same community as well. One day, Cathy was running certain database monitoring job on banks customer database which had personal information such as credit card details, account balances, billing addresses of customers etc. Generally GS bank use to encrypt credit card numbers in the tables. When Cathy was running her monitoring job, she figured out that someone was decrypting these credit card numbers and saving onto their computer. When she further analyzed by...
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...Dilemma 1. Gathering the data systematically: 2. Analyzing the data systematically: 3. Negotiating a social contract agreement: 4. Judging each Alternative according to ethical theories 3. Conclusion 4. References 1. Ethical Dilemma GS Bank is the nation’s leading financial institution for all the personal financial needs in America. Jim and Cathy are the two database administrators working at GS bank and also best employees of the bank for almost 10 years. They are also good friends, help each other at work and live in the same community as well. One day, Cathy was running certain database monitoring job on banks customer database which had personal information such as credit card details, account balances, billing addresses of customers etc. Generally GS bank use to encrypt credit card numbers in the tables. When Cathy was running her monitoring job, she figured out that someone was decrypting these credit card numbers and saving onto their computer. When she further analyzed by computers IP addresses, she figured out that IP address belongs to her close friend Jim. She didn’t understand why Jim would decrypt customer’s credit card numbers and save it with him. Recently GS bank was receiving many complaints from customers that their credit cards were used online by someone. Though the bank was issuing new credit cards for such customers, they could never identify the culprit who got into their system and stealing customers credit card numbers. Cathy...
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...Leadership Think Tank 2005 1 Built to Last Jim Collins/Jerry Porras Harper Business Essentials (Paperback Edition) 368 Pages ISBN: 0060516402 Chapter ONE On the basis of substantial research, Jim Collins and Jerry Porras observe the distinctive habits of companies of enduring greatness. In the words of the authors, “Visionary companies are premier institutions – the crown jewels – in their industries, widely admired by their peers, and having a long track record of making a significant impact on the world around them.” Visionary leaders and breakthrough ideas come and go, but visionary companies survive the transitions. The “successful habits” of the visionary companies were observed in comparison to “silver medalist” companies in the same industry. Both the visionary and comparison companies outperformed the market, but the visionary companies demonstrated extraordinary long-term results. The tandems most frequently referenced in the book are GE/Westinghouse, HP/Texas Instruments, Motorola/Zenith, P&G/Colgate, Merck/Pfizer, and Wal-Mart/Ames. These comparisons dispelled commonly held myths regarding the nature of exceptional companies. Myth Reality 1 It takes a great idea to start a great company Visionary companies did not demonstrate early success 2 Visionary companies require great and charismatic visionary leaders Leaders of visionary companies were focused on building great institutions as opposed to building their individual reputations ...
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...Executive Summary Jim Collins, already established as one of the most influential management consultants, further established his credibility with the wildly popular Good to Great: Why Some Companies Make the Leap...and Others Don’t, originally published in 2001. The book went on to be one of the bestsellers in the genre, and it is now widely regarded as a modern classic of management theory. Collins takes up a daunting challenge in the book: identifying and evaluating the factors and variables that allow a small fraction of companies to make the transition from merely good to truly great. ‘Great,’ an admittedly subjective term, is operationally defined according to a number of metrics, including, specifically, financial performance that exceeded the market average by several orders of magnitude over a sustained period of time. Using these criteria, Collins and his research team exhaustively catalogued the business literature, identifying a handful of companies that fulfilled their predetermined criteria for greatness. Then, the defining characteristics that differentiated these ‘great’ firms from their competitors were quantified and analyzed. The resulting data are presented in Good to Great in compelling detail. Over the course of 9 chapters, Collins addresses a number of management, personnel, and operational practices, behaviors, and attitudes that are both conducive and antithetical to the good-to-great transition. One overarching theme that links together virtually all...
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...4.12 4.13 ETHICS IN MARKETING RESEARCH: MINI-CASE STUDIES – courtesy of Mr. Hicks PART 1: Read the 4 mini-cases below. For TWO of the following 4 cases,answer the following questionson a separate sheet of paper: 1. What are the relevant Facts? 2. What are the ethical Issues? 3. Offer your opinion on what actions should be taken (at least 2-3 paragraphs) Case Study 1 Incredible Shrinking Potato Chip Package Topic: Cost vs. price vs. value issues Characters: Julie, Brand Manager for potato chips at a regional salty snacks manufacturer Dave, Marketing Director for the regional salty snacks manufacturer Julie has been concerned about the profitability of the various items in her line of potato chips. According to her potato suppliers, the recent drought caused a 35 percent reduction in the potato crop compared to one year ago, resulting in a 25 percent hike in potato prices to large buyers like Julie’s company. Potatoes accounted for almost all of the content of her chips (which also consisted of vegetable oil, one of three different flavoring spices, and salt), plus there were packaging costs. To hold the line on margins, which of late had been slim at only about 5 percent due to fierce competition from several other local and regional brands, Julie would need to raise potato chip prices about 15 percent. On her most popular 7.5 oz. size, which had a price spot of $1.59 on the package, this would require a price hike of $.24, bringing the price up to...
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...| | |IBM’s Decade of Transformation: Turnaround to Growth | |Team 5 Case Analysis | | | | | | | |“More importantly, the passion that had come from surviving its ‘near-death experience’ and then riding the wave of what many in the company | |were beginning to call the ‘next big thing’ captured the imagination and focused the energy of a demoralized workforce looking for a reason to| |reengage in building for the future.”—Lou Gerstner | | | | ...
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...* How and where they got the idea of writing this book? * One night Jim Collins along with xyz n his colleagues was at a dinner when .... blaaah blaah * Summary- Good is the enemy of Great. * Great companies become great by staying focused: focused on their products, their customers and their businesses. * Strategy did not separate good companies from great cos, they all had great strategies * M & A had no role in making a good co great * Good to great cos werent necessarily in great industries. Greatness isnt a function of circumstance but a matter of conscious choice. Themes- level 5 leadership U do as per book n gve one example tht u have in ur notes n explain tht in short First who then what- explain wd example FOR REFERENCE There are 6 key principles derived from carefully studying companies who have consistently outperformed the market for 15+ years: 1. Level 5 leadership - It’s above principled leadership, not charisma. Great leaders mix personal humility with intense professional will – where the company comes first. Ego-driven leaders can lose sight of the real goal (cf. Iacocca). - Great organizations have leaders that take responsibility and have the courage to do what MUST be done. - They do not budge from high standards. 2. First who…then what - Great organizations get the wrong people off the bus, the right people on the bus – then get the right people sitting in the right seats – and only then decide where you want to go...
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...Title: Who is the more effective leader? Executive Summary “Leadership is a complex phenomenon involving the leader, the followers and the situation” (Hughes, Ginnett and Curphy, 2012, p3). This paper will look at two leaders, one from the corporate sector and the other from the not-for-profit sector, Gail Kelly and Ian Cox. Both have developed styles of leadership to ensure they interact with their followers within particular environments and situation. Interactional framework needs to be taking into account, rather than looking at leaders, followers or situation in isolation, as this provides a complete view of the leadership process. The interactive nature of leader-followers-situation helps understand the changing nature of the leader-follower relationship and the increasingly greater complexity of situations leaders and followers face. An analysis of Gail Kelly’s and Ian Cox’s leadership styles exposes some similarities, within vastly different situations and followers. Daniel Goleman (2000) identified six different leadership styles, authoritative, affiliative, pace-setting, democratic, coaching and coercive. Both Kelly and Cox employ different styles in their attempt to gear the followers towards attainment of a goal, objectives and the fulfillment of a vision. The organisations that Ms Kelly and Mr Cox are employed have defined their leadership. Kelly heads and organisation who main goal is to make profits for its shareholders, whereas Cox’ role is...
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...discussions, interactive exercises and written assignments, this course provides a general management perspective of growth companies: strategy, execution, team, and capital. You first learn different growth strategies, including market disruption, “white space” discovery, and business model innovation. You then connect strategy with execution through market selection and positioning, “lean” development of new offers, and pipeline management. Because execution depends on team effectiveness, you explore team alignment and meeting rhythms, and the role of leadership in creating a growth culture. Finally, you learn about raising growth capital, managing boards and planning for a successful exit. Readings draw from Clay Christensen, Jim Collins, Verne Harnish, Patrick...
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...Notes by Frumi Rachel Barr, MBA, PhD. Authors: Jim Collins and Morten T. Hansen Publisher: Harper Business Copyright year: 2011 ISBN: 978-0-06-212099-1 Authors’ Bios: Jim Collins studies and teaches how great companies endure, specifically – how they grow, how they attain superior performance, and how good companies can become great companies. Having invested nearly a quarter of a century of research into the topic, Jim has authored and co-authored six books that have sold more than ten million copies worldwide. The books include: the classic Built to Last, a fixture on the Business Week bestseller list for more than six years; the international bestseller Good to Great, translated into 35 languages; and How the Mighty Fall, a New York Times bestseller that examines how some great companies destroyed themselves. Morton T. Hansen is a management professor at the University of California, Berkeley (School of Information), and at INSEAD. Formerly a professor at Harvard Business School, Morten holds a PhD. from Stanford Graduate School of Business where he was a Fulbright scholar. He is the author of Collaboration and the winner of the Administrative Science Quarterly Award for exceptional contributions to the field of organization studies. Previously a manager with the Boston Consulting Group, Morten consults and gives talks for companies worldwide. Authors’ Big Thought: Ten years after the worldwide bestseller Good to Great, Jim Collins returns with another groundbreaking work, this...
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...Featured Chapter Creating a Strategic Direction Visions and Values Paul Olk, Peter Rainsford, and Tsungting Chung ncreased globalization and the incorporation of many new information technology (IT) tools have enhanced the need for top management to set a clear strategic vision for a company. As market demands and the ability to communicate globally encourage companies to continue to expand into new geographical and product markets—and as they also enter into long-term buyer-supplier relationships or contract out activities previously conducted internally—companies are spread more thinly. This creates a challenge of how to coordinate all of the activities conducted around the globe and by partner organizations. While sophisticated software programs (e.g., enterprise resource planning [ERP]) or intranet capabilities enhance internal communication, these are not adequate. Establishing and maintaining a consistent strategic direction for the company begins with setting a clear vision for the company. A strategic vision provides multiple benefits to a company. First, it presents a broadly shared sense of organizational direction and purpose. Direction is needed because few organizations have achieved greatness by being all things to all consumers. To instill a purpose, most successful companies achieved their leadership position by adopting a vision far greater than their resource base and competencies would allow (de Kluyver & Pearce, 2002; Hamel & Prahalad, 1989). A vision...
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