...them as much as full priced products from a company with only a 5:1 CEO to worker pay ratio. CEOs get paid by their base salary followed by bonuses, stock option packages and pensions. More recently, pay for performance among CEOs is becoming popular in the idea that CEO performance provides value to the organization. In Canada CEO pay is already aligned with how well their companies succeed. Another important topic to note is the idea of professional athletes getting paid for bring their team success and excelling in their concentration… so why are CEOs getting scrutinized for running large companies when they produce value in the form of shareholder equity? One example of a CEO that has been paid for performance is Yahoo CEO Marissa Mayer. Marissa...
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...Marissa Mayer became the CEO of Yahoo due to the fact that she took charge of the company and dramatically increase the company’s worth. She did this by focusing on four key areas which are mobile, social media, native advertisements, and videos. The first step in Marissa Mayer’s plan was to look that the company as a whole, hence she had to evolve the companies entire focus. The focus was evolved by changing the vision and mission statement of Yahoo. At the time the company had 12,000 employees and Mayer change the company policy so that all the employees came into the office located in Sunnyvale, California because she believed that it would be more efficient for overall company improvement. Since all of the employees working in the office...
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...1.) Yahoo Mission: Yahoo’s mission statement, according to its website, is to “create deeply personal digital experiences” and to connect users to what matters most to them. The Internet does that very well all by itself, thank you, and social media such as Facebook and Twitter have also encroached on that vague territory. 2.) As of September 30, 2013, Yahoo had approximately 12,300 employees. 3.) Yahoo is headquartered in Sunnyvale, Calif., and has offices located throughout the Americas, Asia Pacific (APAC) and the Europe, Middle East and Africa (EMEA) regions. 701 First Avenue Sunnyvale, CA 94089 UNITED STATES 4.) Yahoo Inc. wants to be hip. The company is targeting 18- to 34-year-olds by advertising at sporting events, on outdoor billboards and in other places, Yahoo CFO Ken Goldman told the audience at the J.P. Morgan Global Technology, Media and Telecom conference in Boston. "Part of it is going to be just visibility again in making ourselves cool, which we got away from for a couple of years," Goldman said, according to Reuters. Goldman did not disclose the cost of the marketing plan, according to the report. 5.) 6.)Yahoo! Company Culture Yahoo employees are expected to work long hours, and in return, the company offers a lot of on site perks (see below). There is a work hard, play hard mentality. The company fosters an environment of teamwork, offering video games and Foosball, and celebrating achievements and milestones with company parties. Company events...
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...Can Marissa Mayer Save Yahoo? By Brad Stone on August 01, 2013 http://origin-www.businessweek.com/articles/2013-08-01/can-marissa-mayer-save-yahoo Marissa Mayer is sitting in URLs, the Yahoo! (YHOO) cafeteria, making the case for the future of a company that almost everyone in Silicon Valley views as doomed. Employees swarm around her, assembling rows of chairs for the afternoon’s FYI, a new weekly ritual where employees get to lob questions at Mayer and her executive team. It’s been a long July, in which Mayer’s one-year anniversary as chief executive officer was marked with an uninspiring second-quarter earnings report. Mayer prefers to focus on the company’s increase in Web traffic. She won’t give numbers but says it’s enough to erase the entire decline from the previous year. “Name another Internet giant that went through three years of decline and then started to grow again,” she says. “It’s a very good sign.” When Mayer left her executive role at Google (GOOG), she knew she was taking on what might be the hardest job in the Valley. Yahoo has had a lost decade, laboring under a series of failed product strategies and CEOs. It was a Web directory under founders Jerry Yang and David Filo, then a Web portal under Tim Koogle. Terry Semel made it a tech company with Hollywood pretensions, and, most recently, it languished under Carol Bartz and Scott Thompson as a dot-com relic known mostly for losing its top talent to competitors. Now Mayer wants to transform it into...
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...Date: 2/15/16 Subject: Opinion Paper Marissa Mayer, the CEO of Yahoo! since July 2012, scribbled a new memo which homed in on Yahoo! working at the home staffer in February 2013. As the director of a significant personnel policy alteration, she obliged all 500 teleworkers to fulfill their tasks in-office in a bid to lift the spirits of the company. In my opinion, it is true that Marissa wants to materialize an aim, but the end does not prove the means. After the disclosure of this controversial memo, many bloggers such as Larry Hawes, Micheline Maynard, and Kara Swisher had immediate reactions. Responding to this memo, Larry Hawes shares the view that gathering the team together benefits Yahoo! to form a congenial atmosphere at the office. However, she believes that the Marissa could have articulated the new policy in another way to sweeten the pill. Larry suggests that Marissa should send a second email to Yahoos with a more measured tone and remark this policy as a temporary decision to defuse the situation. I do not consider Larry’s suggestion as the best action Marissa can take since the second email would make the scene chaotic by creating new expectations about the new policy. In the same way, Micheline Maynard roundly criticizes Marissa’s memo. She expresses her sympathy for Yahoo! working at home (WAH) staff and 30 million WAHs whose validity was called into question by Marissa’s memo. On one hand, Swisher highlights Marissa’s rights to mark her boundaries...
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...On July 16, 2012, Marissa Mayer was appointed President and CEO of Yahoo!, effective the following day. Mayer changed the overall business strategy which had been changing over the years because Yahoo! was quite often changing its CEO. The constant changes in leadership made Yahoo! appear to be an unstable company, and Mayer hoped to fix that. She has not said exactly what the company’s strategy is, but we can of course make assumptions based on what strategies she’s been implementing and what she’s been changing. As we can take form her Q&A session during the Goldman Sachs (GS) Technology and Internet conference on February 12th, 2013 (CNN.com), she is focusing the company on the “big four” (search, display ads, mobile, and video). Right now Yahoo! offers about 60 mobile apps and they want to bring it down to 12-14. They will also be revamping and updating the apps that do stay, all in an effort to, as she put it, “services are No. 1”. On February 20th, 2013, Yahoo! began rolling out their new and improved homepage. The webpage has a design intended to “deliver a consistent experience across the desktop, tablets, and phones that gives users a bottomless, personalized well of news and information, while at the same time delivering targeted ads across devices” (Wired.com). There were major changes to Yahoo Mail, and their new Flickr app. With many new features such as an infinite news scroll, with the ability to set preferences to determine what pops up in the infinite scroll...
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...| Work Life Balance Brief | Organization Behavior and Change Management | | | | | Introduction Work-life balance does not mean that both your work and personal life will be equally balanced. Work-life balance does not mean that what might be the right balance today is going to be the right balance tomorrow. For many employees throughout the world, balancing their work and personal lives is a significant concern (Mathis & Jackson 2012). The current dynamic global economy ranks work-life balance as one of the most important workplace attributes, second only to compensation (Bloomberg Businessweek, 2009). In the US the workforce is culturally diverse and encompasses numerous generations (Baby boomers, Gen X, Gen Y aka Millennials), each one with a set of his or her own priorities. For the Millennials, work-life balance is of the utmost importance (Gilbert, 2011). Alluding to the fact that while there aren’t standardized concepts of work-life balance; there should be a set of variables to define “what is balance”, as more and more Millennials enter the workforce. In this brief I hope to show how work-life balance is about creating and maintaining supportive and healthy work environments, which will enable employees to have balance between work and personal responsibilities, thus strengthen employee loyalty and productivity. Defining Work-Life Balance Work-Life balance has been referred to as a balancing act between organizations and individuals...
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...guest speaker (11/15) due at 5pm to TA via email. How charismatic am I? Guest speaker Si Shen 沈思, CEO, Papayamobile Inc. Nanjing Deliver meaning. Beijing To persuade with style. Simulation exercise. New York City Be organic (& lean). Paris Watch out the ice-berg! San Francisco Re-create the equilibrium. Huangshan Ch. 11 Communication Ch. 13 Power and politics Ch. 14 Conflict and negotiation Ch. 15 Foundations of organization structure Ch. 16 Organizational culture Article: Suicide as protest for the new generation of Chinese migrant workers: Foxconn, global capital, and the state. Ch. 18 – Organizational change Final team paper due at 5pm to TA. Open-book Quiz 2 Coverage: ALL lecture contents delivered (Week 9 – 14). Ch. 12 Leadership Case: Marissa Mayer at Google Reading & Assignment Due Ch. 1 What is Organizational Behavior? Ch. 3 Attitudes & job satisfaction Ch. 9 Foundations of group behavior Ch. 10 Understanding work teams Ch. 2 Diversity in...
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...young and idle, sitting on street corners until the wee hours of the morning is a norm. The Village is made up of ten streets running east to west and three running north to South. On many of these street corners, venders can be found selling from fruits, snacks, bread or cigarette. Whenever mum needed groceries we rarely went to the supermarket, we would climb onto our bicycles, and off we went, destined for the Kitty market. The market was located on the main road, it’s name Alexander Street. Alexander street ran from north to south, from the seawall to the Police Station and is about 0.75 of a mile long. All the action happens on Alexander Street, not in any of the access roads or the ally ways, but on Alexander Street. In the afternoon, after schools are out school children would line the pavements, although they were no schools on Alexander Street, kids from the neighboring school districts like Thomas lands or Campbellville would walk over to kitty, which wasn’t too far. They would stand on Alexander Street and wait on the more entertaining mini busses, to take them to their destinations. After four (4pm) the streets would be almost life less, the kids were either home or at after school classes. At about five (5pm) the streets were alive again, with the kid’s from after school lessons were out on the corner waiting for buses and the kids that lived in kitty had...
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...Alexander A center for its subtle subject, stone is captivated by two parts of Alexander: his dish patriotism and his skillet sexualism. He demonstrates to him attempting to unite numerous people groups under one throne while remaining just as comprehensive with his decisions of beaus. Be that as it may, it stays hazy if Alexander has united those people groups or just vanquished them, and his sexuality is made dim by the film's modesty about gay sex and its vagueness about Alexander's associations with his "brute" lady and his tigress mother. We respect the scenes of fight, ceremony and situation on the grounds that at any rate for a period we are free of sociopolitical ideas and the interminable portrayal of Ptolemy the student of history,...
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...In American discourse separation of powers is more a name than a description. None of the three branches (legislative, executive, or judicial) of the national government are clearly separate from one another. Congress, for example, has an impeachment club to check the others; the president's veto power is plainly legislative in nature. No wonder James Madison in The Federalist, no. 47, undertook to answer the Anti‐Federalist charge that “The several departments of power are [not separated but] blended in such a manner as at once to destroy all symmetry and beauty of form, and to expose some of the essential parts of the edifice to the danger of being crushed by the disproportionate weight of other parts.” Madison's answer was that Montesquieu—the “oracle” of separation—did not mean that “departments ought to have no partial agency in, or control over, the acts of each other.” He meant rather that “the whole power of one department [should not be] exercised by the same hands which possess the whole power of another department.” The merit of “blending,” according to Madison, was that, along with bicameralism and federalism, it produced a safety net of “checks and balances.” A crucial problem is that split power inevitably entails split accountability. No wonder then that so many difficulties in American government spring ultimately from its divided power system. In contrast, the parliamentary system seeks safety in clear, direct lines of electoral accountability—and less in a...
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...Open Interpretation to the Constitution Leads to First National Bank A National Bank is an essential part of this nation's economy. We know that it can further strengthen the ties between Americans and the federal government. The National Bank has allowed America to grow its economy, unit as country, and improve trade between the colonies. But when the first National Bank plan entered into Congress there was much controversy over it. Two men, Alexander Hamilton and Thomas Jefferson, held two very different and opposing views on the Bank plan. This led to much controversy over the plan and how they believed it would impact the nation. At the root of the controversy was wether or not the plan was constitutional. Both men interpreted the clauses in the Constitution differently, so both Hamilton and Jefferson submitted plans to President Washington in hopes their view would prevail. The conflict between Hamilton and Jefferson’s opposing views came to a head in 1791. Hamilton, Secretary of the Treasury at the time, submitted a report to Congress on a plan for a National Bank. There was great controversy over the creation of a National Bank for many reasons. The main reason being that Hamilton stated that its creation was completely justified by the Constitutions elastic clause. The elastic clause grants Congress the power “to make all laws which shall be necessary and proper” (Elastic Clause Law & Legal Definition) and to carry out its duties. In his plan Hamilton wrote...
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...11 Lessons on Change Management: Azim Premji It’s not the strongest nor most intelligent of the species that survive; it is the one most adaptable to CHANGE” – Charles Darwin 11 Lessons on Change Management: Azim Premji download :www.gowrikumar.com/insp/pdfs/Azim_Premji_on_Change1.pdf “While change and uncertainty have always been a part of life, what has been shocking over the last year has been both the quantum and suddenness of change. For many people who were cruising along on placid waters, the wind was knocked out of their sails. The entire logic of doing business was turned on its head. Not only business, but also every aspect of human life has been impacted by the change. What lies ahead is even more dynamic and uncertain. I would like to use this opportunity to share with you some of our own guiding principles of staying afloat in a changing world. This is based on our experience in Wipro. Hope you find them useful. First, be alert for the first signs of change. Change descends on every one equally; it is just that some realize it faster. Some changes are sudden but many others are gradual. While sudden changes get attention because they are dramatic, it is the gradual changes that are ignored till it is too late. You must have all heard of story of the frog in boiling water. If the Temperature of the water is suddenly increased, the frog realizes it and jumps out of the water. But if the temperature is very slowly increased, one degree at a time, the frog...
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...Compare and contrast the Haymarket Riot, the Homestead Strike, and the Pullman Strike. On balance, what was their effect on the organized labor movement? The Haymaker Square riot was an outbreak of violence in Chicago on May 4, 1886. The American workers were demanded for 8-hour workdays in that time. 1,500 or so people gathered at Haymarket Square and when police attempted to break up the meeting, a bomb exploded and police then opened fire on the crowd. Seven policemen were killed and more than 100 persons were wounded. They are still unsure who created the bomb and there was no evidence pointing the police in the correct direction. The Homestead Strike was another labor dispute. On June 29, 1892 workers belonging to the Amalgamated Association of Iron and steel workers were protesting a proposed wage cut. The Company’s general manager then hired 300 detectives to protect the plant from the strikers. On July 6th, several men were killed or wounded due to an armed battle between the workers and detectives, the governor had to call out the state militia. The plant reopened and the non-union workers stayed on the job and kept it around. It led to a weakening of unionism in the steel industry thereafter. The most famous and far-reaching labor conflict in a period of severe economic depression, the Pullman strike began roughly on May 11, 1894. The negotiations over declining wages failed. The workers then appealed for support to the American Railway Union. The boycott, centered...
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...7/18/2013 7/18/2013 Libel in the News Libel in the News Daniel Cakanic ENGL219_ Prof. Stefan Donev Daniel Cakanic ENGL219_ Prof. Stefan Donev Libel a : a written or oral defamatory statement or representation that conveys an unjustly unfavorable impression b (1) : a statement or representation published without just cause and tending to expose another to public contempt (2) : defamation of a person by written or representational means (3) : the publication of blasphemous, treasonable, seditious, or obscene writings or pictures (4) : the act, tort, or crime of publishing such a libel (Merriam-Webster). Sometimes, journalists and others try to be acute with words, implying things, thinking they are guarded because they can prove the plain truth of the words. They are wrong in believing this assumption. What they are required to prove, is the meaning that ordinary readers take from their story. Libel is committed when you call someone a liar, corrupt, incompetent, unfaithful, or any other inference to one’s character, in print. It also includes what ordinary readers or viewers read “between the lines”. The courts look at the remarks made in the article. Proving the literal truth of the statement won’t help if the negative comment is conjecture. Here’s an example: You’re Rob Scott, an electrician with a great reputation, doing no wrong. A guy with a similar first and last name – Bob Scott -- is arrested and accused of rape. The newspaper is reckless and prints...
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