...Direct supervisors who set their teams up for success, observe them in action, ask for feedback, identify the root causes of employee concerns, and then follow through with meaningful improvements have happier, more engaged employees. Why, then, do senior executives who tout the value of employee engagement so often delegate it to the HR department? HR serves an important function, but not even the best HR staff is in a position to take the actions required to affect the attitudes of individual employees or teams. And employee engagement remains a challenge for companies worldwide. Recently, Bain & Company, in conjunction with Netsurvey, analyzed responses from 200,000 employees across 40 companies in 60 countries and found several troubling trends: Engagement scores decline with employee tenure, meaning that employees with the deepest knowledge of the company typically are the least engaged. Engagement scores decline as you go down the org chart, so highly engaged senior executives are likely to underestimate the discontent on the front lines. Engagement levels are lowest among sales and service employees, who have the most interactions with customers. Yet some companies manage to buck these trends. IT-hosting company Rackspace, for instance, has a mantra of “fanatical” customer support. Energized, motivated “Rackers” put in the discretionary effort that creates a superior experience for customers. In turn, customers reward Rackspace with intense loyalty...
Words: 802 - Pages: 4
...environment, pros and cons of the statement are illustrated as following. In pro terms, this theory is a simple international trade model with only two nations, two products and two factors of production based on the similar technology. Because of its simplified assumption, the Heckscher-Ohlin theory can be easily applied to analyse theoretical patterns. However, some assumptions proposed in this theory such as the similar technology, constant return to scale, the same demand condition limit its range only to some particular regions, therefore, it seems very hard to apply this theory in many practical terms. In summary, today’s international trading environment is various and complicated, thus this over-simplified theory cannot be sufficient as a good predictor. The purpose of this paper is to examine the Heckscher-Ohlin theory to analyse whether it is a good predictor for international trade in today’s environment. In order to do this, I will describe the content of this theory and then ilustrate the arguments both for and against the main topic by using the historical data and examples as well as giving my own opinion. Finally, I will summarise the main arguments and make a conclusion. Heckscher-Ohlin: A Theoretical Overview The Heckscher-Ohlin theory differs from the theories of comparative advantage and absolute advantage that focus on the productivity of the production...
Words: 2090 - Pages: 9
...assuming control of the company, the new owners discovered a massive overstatement of inventory that wiped out the cumulative profits reported by the company since it went public in 1984. Subsequent investigations by various regulatory authorities, including the SEC, resulted in numerous civil lawsuits and criminal indictments being filed against Antar and his former associates. Following the collapse of Crazy Eddie, Inc., in the late 1980s, regulatory authorities and the business press criticized the company's auditors for failing to discover that the company's financial statements had been grossly misstated. This case focuses on the accounting frauds perpetrated by Antar and his associates and the related auditing issues. Among the topics addressed by this case are the need for auditors to have a thorough understanding of their client's industry and the importance of auditors maintaining a high level of skepticism when dealing with a client whose management has an aggressive, growth-oriented philosophy. This case also clearly...
Words: 2922 - Pages: 12
...application of agency theory (Jensen and Meckling, 1976) to the structure of executive pay in modern corporations. After prominent suggestions that the inherent conflict of interest that exists between stockholders and corporate managers – or ‘agency problem’ – could be mitigated through the structure of managerial incentives (e.g., Jensen and Murphy, 1990a), the prevalence and size of stock option grants to senior executives have expanded increasingly and substantially (Hall and Murphy, Jared D. Harris, Assistant Professor teaches both Ethics and Strategy courses in Darden’s MBA program, and a doctoral seminar on corporate governance and ethics. His research centers on the interplay between ethics and strategy, with a particular focus on the topics of corporate governance, business ethics, and interorganizational trust. His work on corporate financial misrepresentation won the 2007 Best Dissertation award in one division of the Academy of Management (Social Issues in Management) and qualified him as one of six finalists in another division (Business Policy and Strategy). His work has been published in several top academic...
Words: 6653 - Pages: 27
...behavioural. Physiological anger is natural anger. In certain threatening situations, for instance when we are attacked physically, our bodies respond by making us physically angry. Cognitive sources of anger are based on how we perceive things. These perceptions may be accurate...a situation may, indeed, be threatening, or they may not be. Sometimes we will perceive a threat, even though the external situation is not actually as dangerous as we think it is. In other words, there may be no real reason for anger, but our personal biases and emotions take over, leading to aggression. Finally, behavioural sources of anger come from the environment we create for ourselves. Chronically angry people create an atmosphere in which others are aggressive in return, creating a cycle of anger. Expressing Anger Anger is a natural response to certain threats. As a result, aggression is sometimes the appropriate response to anger, as it allows us to defend ourselves. Therefore, a certain amount of anger is necessary. In...
Words: 7399 - Pages: 30
...The Federal Reserve System & Financial Crisis Alejandro Cuervo Wilmington University Abstract As we go into our research on the financial crisis of 2007, we will try to answer some questions about what actually cause of the failure of our financial system, which almost collapse the dollar. While there are plenty of faults to go around on what cause this crisis, there was never a clear path on how to reverse the demand that was cause by repealing the Glass-Steagall Act of 1933. Although there has been other regulations and acts pass since the repeal of the Act of 1933, the ability to restore and strength our dollar has been an uphill battle to take control of it. What was known within our economic system to readjust and rebuilt had not worked to establish balance playing field on the world stage or our domestic economy. As we look forward toward corrective action though the Dodd-Frank Act, Sarbanes-Oxley Act or the Global Legal Settlement of 2002 which reduced the conflict of interest as did the Sarbanes-Oakley Act. These conflicts encompass “underwriting and research in investment banks, auditing and consulting in accounting firms and credit assessment and consulting in credit rating agencies.” (Sanati, 2009) So while we have had a slow and diosmose recovery from this crisis, I will try to answer some of the questions presented to us today on our ability to fully recover and instill some preventative measures to ensure a worst and more devastating financial crisis...
Words: 5914 - Pages: 24
...International spotlights turned toward him sometime around 2005, resting on him awhile before his disappearance in 2017. Babu gained repute as a dashing environmentalist, and as an advocate of sustainable development practices in poverty stricken economies. While he is now overlooked by mainstream and gulfstream eyes, collegiate programs, left-leaning organizations, and ecological societies scattered over every continent note his initiatives. Vigilant followers might catch a glimpse of Babu’s likeness flash across the massive LED screens at U2 concerts. Thich Nhat Hanh, Arundhati Roy, and Cornel West have publicly quoted him. It is even believed that when Hillary Clinton visited Bangladesh in late 2017, she voiced strong concerns over the troubling details of Babu’s vanishing act. Female rock-star, Gwen Stefani is said to sport a tattoo on her left buttock that closely resembles Babu, but due to the artist’s weight gain between 2019 and 2022, it is difficult to confirm the likeness. In Bangladesh, Babu is remembered as a writer, politician, and as somewhat of a mystic. Depending on the nature of their interactions with Babu, some consider him an idol, while others are less generous in their reckoning of him. Post 2017, after Babu had departed for unknown skies, much of this ceased to officially matter. Although there are still a few institutes titled after him, along with the odd bridge, museum, and scholarships that bear his moniker, Babu’s bureaucratic legacy in Bangladesh...
Words: 6264 - Pages: 26
...SCaring for Kids After Trauma, Disaster and Death: A GUIDE FOR PARENTS AND PROFESSIONALS SECOND EDITION The New York University Child Study Center is dedicated to the understanding, prevention and treatment of child and adolescent mental health problems. The Center offers expert psychiatric services for and intervention. The Center’s mission is to bridge training supported by the resources of the worldclass New York University School of Medicine. children and families with emphasis on early diagnosis the gap between science and practice, integrating the finest research with patient care and state-of-the-art For more information, visit www.AboutOurKids.org. Changing the Face of Child Mental Health Caring for Kids After Trauma, Disaster and Death: A GUIDE FOR PARENTS AND PROFESSIONALS SECOND EDITION DEVELOPED BY: The faculty and staff of the New York University Child Study Center Harold S. Koplewicz, M.D., Director & Founder Marylene Cloitre, Ph.D., Director of the Institute for Trauma and Stress REVISED SEPTEMBER 2006 under the direction of Joel McClough, Ph.D., Director of the Families Forward Program, Institute for Trauma and Stress by Anita Gurian, Ph.D. Dimitra Kamboukos, Ph.D. Eva Levine, Ph.D. Michelle Pearlman, Ph.D. Ronny Wasser, B.A. Permission is granted for reproduction of this document by parents and professionals © 2006 1 C A R I N G F O R K I D S A F T E R T R A U M A , D I S A S T E R A N D D E A T H ...
Words: 33045 - Pages: 133
...[pic] Financial Statement Analysis For Small Businesses A Resource Guide Provided By Virginia Small Business Development Center Network (Revised for the VSBDC by Henry Reeves 3/22/2011) Contents |Topic |Page | |Introduction |3 | |Importance of Financial Statements |4 | |Collecting and Managing Data |5 | |The Income Statement |7 | |The Balance Sheet |9 | |Reconciliation of Equity or Statement of Changes in Stockholder Equity |12 | |Statement of Cash Flows |12 | |Notes to Financial Statements |13 ...
Words: 17955 - Pages: 72
...Interlink Consulting Services, Inc., www.interlinkconsulting.com, Dr. Culture, www.drculture.com Dr. Culture Country & Cultural Sketch: KUWAIT Kuwait is slightly smaller than New Jersey covering nearly 7,000 sq. miles. It is the worlds 157th largest country. The capital, Kuwait city, lies on the southern shore of Kuwait Bay. Oil, no surprise, is Kuwait’s only major natural resource and dominates the economy. Water, on the other hand, is so scarce, the majority of water must be imported or processed at one of their several desalinization facilities. Kuwait “Snapshot” (CIA World Fact Book 2010 & Others As Indicated) Population .......2,692,526 (NOTE: This includes 1,291,354 non-nationals) Population Growth rate:........................................................3.5% Annually Percentage Living in Urban Areas:.......................................................98% DEVELOPMENT DATA Human Dev. Index* rank ..............................................31 of 177 countries (UN Human Development Report 2008-09) Per Capita GDP ............................................................................$54,100 (#7 World Ranking) Adult literacy rate ..............................................94% (male); 91% (female) Infant mortality rate ................................................ 18.97 per 1,000 births Life expectancy ..................................................77.7 (male); 78.9 (female) Meteorologically speaking, it surprises many that there are four...
Words: 14772 - Pages: 60
...Prioritize how you spend your time as a college student. | This is a good discussion starter on managerial activities and what is important. First, make the connection for students between activities that managers spend their time on and similar activities that college students spend their time on. Next, display results from the class and compare with the Luthans results. For example: * Traditional management = making decisions, planning, and controlling school work and job * Communication = exchange of information * HRM = motivating self and others, conflict management on project teams and with roommate, etc. * Networking = interacting at career fairs, meeting other students at events, etc. | OB disciplines | Indicate the three topics in OB that you are most interested in learning about. You may place all...
Words: 18189 - Pages: 73
...individual store merchandisers didn’t know how various lines were performing. He mocked J.C. Penney’s ways of doing things. He abandoned the discounting customers had come to expect from retailers. And he, and most of the team he recruited, were commuter leaders, jetting back to California after cramming in marathon work sessions at headquarters. These factors certainly couldn’t have helped. I think, however, there’s one major reason behind J.C. Penney’s sudden swoon that not enough commentators are picking up on. There’s one big reason JCP would never be “Bloomingdale’s for the mass market,” as Johnson wanted it to be, and that’s because the mass market is gone. Because the middle class is gone, or at least rapidly going. This reflects a troubling development in our economy, what some have termed the “hourglass economy.” This means that companies can reach both high-end and low-end consumers, but there’s no longer a broad middle to appeal to. For years, a fundamental problem that Penney’s has grappled with is that their historical base of middle-income households is shrinking. If you compare charts showing how various slices of our economy...
Words: 8818 - Pages: 36
...Vol. 105-1 Earnestly contend for the faith which was once delivered unto the saints. — Jude 3 The Ultimate Search and Rescue VIEWPOINT DURING A RECENT STAY in Harare, Zimbabwe, it was a blessing to become acquainted with Lancelot Muzondo, who was the first Zimbabwean to correspond with our organization’s headquarters back in 1953, when Zimbabwe was known as Rhodesia. He was the one who introduced Morgan Sengwayo (see testimony on page 21) to the Apostolic Faith. Sengwayo had been evicted from his home by his parents and Muzondo took him in. He told Sengwayo about the Apostolic Faith organization and the teachings of the Latter Rain Gospel. Before long, those teachings were reinforced by Timothy Oshokoya, who visited from Nigeria at Portland’s request. Sengwayo prayed through to his deeper experiences and in time was appointed to lead our Southern Africa work. While Brother Sengwayo’s legacy is well-known, the same is not true of the quiet man who initially taught him this way. Brother Muzondo has already outlived Brother Sengwayo by thirty years and is the surviving pioneer of the Zimbabwe Apostolic Faith work. He has been a stabilizing force in a work that thrives despite a history of national economic and political upheaval. Brother Muzondo was not only present at every activity during our visit, he was often at my side showing unwavering support for Portland headquarters and current Southern Africa District Superintendent Onias Gumbo. As in South Africa, our church...
Words: 16983 - Pages: 68
...( Ryka, INC.: Lightweight Athletic Shoes for Women Business and Industry Analysis) Ryka is doing business of athletic shoes for women, which are made on the shape of a woman’s foot, and are designed and developed considering women’s unique fit needs. It is the only athletic footwear company, which is exclusively for women, by women, and now supporting women. Because a woman’s needs in a comfortable, attractive, high performance athletic shoes that are attractive, comfortable, and well suited for exercise and physical fitness programs are different from a man’s. Therefore, it places Ryka shoes among the highest rated in the industry. The athletic footwear industry was divided into various submarkets by end-use specialization. Ryka competed in only three segments: aerobic, walking, and cross-training shoes. Ryka had focused on performance rather than fashion because Poe believed that fashion-athletic footwear was susceptible to faddish trends and to ups and downs in the economy, whereas the demand for performance shoes was based on the ongoing need of women to protect their physical well-being. Ryka cut back on its product line and began to focus primarily on aerobic shoes and secondarily on walking shoes. Poe did not believe that Ryka had to become an industry giant to succeed. SWOT Analysis Strength: Poe’s image and profile were the most critical components in Ryka’s marketing strategy. Poe had successfully worked the female angle: she appealed to contemporary working women...
Words: 13612 - Pages: 55
...Accountable Care Organizations: Key to Transforming Healthcare? The Talia Goldsmith, MHA Candidate 2011 Suffolk University Sawyer Business School HLTH 890AE: Healthcare Strategic Management Professor Richard H. Gregg, M.A., M.B.A. April 28, 2011 Table of Contents Objective .....................................................................................................................................3 Introduction ..............................................................................................................................3 Overview of ACOs as a Mandate and an Opportunity for Healthcare Organizations............................................................................................................................4 Examples of Missions, Visions, Values and Goals for ACOs........................................6 Mission ................................................................................................................................................. 6 Vision ....................
Words: 8849 - Pages: 36
