...Comparison and Contrast of Two Innovative Business Professionals and Their Models: Customer Epicenter versus Paranoia Survival Jules Prendergast North Central University BTM7101-8 Activity 3 Author Note This developmental paper is being submitted on May 26, 2013 for Professor Cozine’s BTM7101-8 class. The contents of this paper reflect the author’s perspective on relevant information provided through articles Abstract The main emphasis of this paper is two fold. First, the content is used to express the author’s perception through use of the compare and contrast writing methodology between two key businesses professional and their impact on the business practices. This is accomplished by preparing a summary of their professional contributions, discussion of their encounter and subsequent success from specific challenges, as well as a discussion of their similarities. The final portion of this paper emphasizes distinct differences between each and concludes with the key factors, which impacted their individual successes. The second key part of this paper is to address the learning and follow on use of appropriate APA (American Psychology Association) formatting and correct usage of paraphrasing. Keywords: customer, leadership, and APA format Comparison and Contrast of Two Innovative Business Professionals and Their Models The world is built around sociological implementation of economic...
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...practices, and Lawrence and Weber’s, five “Principles of Good Governance”, are similar yet very different, and which both can be used to create stronger, more efficient boards, such as can be seen by the potential use of Nadler’s seven principles to deal with the problem of skyrocketing executive compensation and the restructuring of Citigroup’s board based upon the lists of David Nadler and Lawrence and Weber. 1. There are many ideas of what features characterize an effective corporate board, however there are two main lists used. The first of these lists is that of the five “Principles of Good Governance” presented by Lawrence and Weber in the textbook, and the second list being that of David Nadler’s seven practices. The only similarity between these lists is that both call for the evaluation of a board’s performance on a regular basis, which both lists suggest be done through the conducting of self-assessments (Lawrence and Weber, 2011, p. 323). There are many differences between the lists, for while the “Principles of Good Governance” calls for the selection of outside...
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...Halliburton Regardless of the industry, companies invest heavily to create a picture perfect image that shows ideals, goals, and the best intentions for their target audience. Public relations (PR) have become a powerful tool that helps organizations distribute their message to the masses. Halliburton, a company dedicated to providing services to the energy industry, is one of the many companies that use PR to connect with their target audience. Although a great deal of creativity, effort, and other resources go into a website, the synergy it creates with other events, and its intent, the outcome of the message is not always the desired one. When disasters strike and the media magnify them, it takes a great deal of PR to restore a company’s image. This document will review Halliburton’s existing public relations strategies. It will also review alternative campaigns that will help them maneuver corporate citizenship and crisis management. Current PR Issues After carefully analyzing Halliburton’s website, its services, achievements, and plans, there is no doubt the company fiercely strives for high standards and settles for nothing but success. The company’s target audience is any organization in the services industry that requires drilling on the ground or underwater, and such. Recent press releases also show the company’s effort in creating jobs and thus promote their goodwill intentions. An interesting segment of Halliburton’s website segments ambitious plans...
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...Business Ethics Gabe Galbraith BUS 610 Organizational Behavior Dr. Leo Smith 04/15/2013 Business Ethics There are many different perspectives on what leadership is. Everyone who writes or talks about leadership tends to have his or her own personal definition of leadership. In an organizational context, leadership involves influencing the behaviors of individuals and groups to work toward predetermined goals (Baack, 2012). Some of the primary qualities associated with leadership are vision, enthusiasm, trust, courage, passion, coaching, developing others, and intensity. Many people discuss the similarities and differences of leadership and management. . John Kotter (1990) argues that management focuses on coping with complexity using the basic managerial functions of planning, organizing, and control. Robert House and R. J. Aditya (1997) link the concept of management with the use of formal authority that arises from a person's organizational rank. In a perfect world, all companies would most likely prefer to employ effective leaders. Leaders can establish direction by communicating a vision and inspiring their employees. These leaders influence behaviors in positive ways. With the great things positive leaders do there, unfortunately, some outcomes have had a negative rather than positive way. One potential example includes the failure of leadership Home Depot Chief Executive Officer (CEO) Robert Nardelli, whose termination...
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...Regulation of Executive Compensation and its impact on the stability of the financial system | | Introduction In corporate circles, the financial crisis and its effect on companies is sometimes illustrated as a systematic phenomenon in which there is no individual responsibility. Public discussion, on the contrary often assigns the blame of the crisis to bankers or managers, and suggests conclusions of salary reductions or individual liability in terms of losses. In this paper the implications of executive compensation surrounding the financial crisis will be debated. Firstly, the types of executive compensation will be discussed and the implications of them. Secondly, how executive compensation contributed to the financial crisis will be conferred and thirdly the legal improvements and current process will be analysed. To aid understanding, articles and examples will be used to emphasise the various views of economists regarding executive compensation. Non-Regulation of Executive Compensation Executive Compensation can be described as the monetary bonus, or the non-monetary benefits which an executive receives for their work in an organisation. Executive Compensation can be a highly motivating incentive to work more efficiently, thus benefiting the organisation and keeping the executive content with his contribution and performance. However, this compensation can have adverse effects where the executive does not have the organisations best interest in mind, but...
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...In today’s day and age there are many rules and guidelines in which business must follow. When looking back on American’s history and compare a robber baron to a present day CEO there are many seminaries and differences. A robber baron is someone who became very wealthy during the industrial age doing unethical work. Even though many robber barons created thousands of jobs, and jumpstarted important industries to the American economy. Just like our present day CEO’s of major companies. John D. Rockefeller a robber baron during the industrial age became the founder of the Standard Oil Company and Larry Page who became the CEO of Google. John Rockefeller was an American industrialist, who became a high school dropout in 1855; John Rockefeller went from being a book keeper to having near control of the north east oil companies. John Rockefeller started one of the greatest monopolies of the progressive era. The Standard Oil Company grew to dominate the oil industry and became one of the first big trusts in the United States. John Rockefeller started his career in business when he was six-teen years old at Hewitt & Tuttle, a small commission firm for producing ships. His employers where impressed with his abilities for business as well his compassion donating a percent of his earning to charity and soon gave him more responsibilities within the business. John Rockefeller went into his own business by the age of twenty as a commission merchant. He soon realized that growth and industrial...
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...Kodak and Fujifilm David Ingle BUS 302 November 3, 2014 Troy Hudgins Kodak and Fujifilm There have been two major players in the photographic film industry since the early twentieth century, Kodak and Fujifilm. This writing will look at the history of each company and what their respective core business is. This writing will also compare and contrast the management style of each company to embrace innovation. Management’s approach to ethics and social responsibility is important to look at when comparing companies because of the potential affect on profitability. Finally, this writing will discuss the extent to which management of both companies has been able to adapt to market changes, as well as recommend three ways any company should build flexibility into its decision-making process to make adaptation to market changes smoother. History of Kodak Kodak began its journey in 1878 when, a man by the name of George Eastman, demonstrated the convenience of dry plates for photography. One year later, in 1879, Eastman was the first person to invent a machine allowing for the mass-production of dry plates. Ten years after George Eastman demonstrates the convenience of dry plates over the wet plates used during his time, the name Kodak is born and the company placed the Kodak camera on the market. Fast-forward forty years, to 1929, when Kodak introduced the then new motion picture film designed specifically for sound motion pictures. From here, the company has released a...
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...Research series The role of the board in innovation PREPARED BY Dr Robert Kay and Dr Chris Goldspink GOVERNANCE LEADERSHIP CENTRE companydirectors.com.au/glc Contents Introduction 3 Innovation and directorship: a role at the core of good governance? 4 Reading the context and steering the approach 5 CEOs and innovation 7 Differences between the public and private sectors 12 Conclusion13 References14 2 GOVERNANCE LEADERSHIP CENTRE companydirectors.com.au/glc Introduction What is the role of the board in innovation? There are mixed views on this question within the governance literature. Part of the problem relates to the ill-defined nature of innovation itself, how it relates to the strategy of the organisation and the division of responsibilities between the board and the executive. This paper will draw on research conducted for the AICD during 2014 (Kay and Goldspink 2015), involving interviews with over 100 Chairs of listed, private, public and not for profit boards, as well as two other studies conducted by the authors. These additional studies involved interviews with 25 CEOs drawn from both listed and private organisations, as well as 25 Departmental Secretaries and Directors-General drawn from both the federal and state public sectors. These latter studies canvassed executive views on what innovation means to them and what it takes to innovate effectively within their respective sectors (Kay and Goldspink 2012a, 2012b). In combination, these three...
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...Ethical movie review Title: Blood Diamond Year: 2006 Studio: Virtual Studios Producer: Warner Bros. Director: Edward Zwick Country: United States of America 0.1 Introduction The following essay will examine ethical issues addressed through the movie “Blood Diamond”. The two main issues identified and discussed are; child soldiers and conflict diamonds. My main lens of ethical theories will consist of the four western theories, this includes, egoism, utilitarianism, ethics of duties and ethics of rights. Even though these theories are based on ethical absolutism, I will still try to apply a pluralistic view. Additionally, some of these theories will be expanded and other theories that do not tend so much towards ethical absolutism will be added. The following section will concentrate more on how these issues occurred and try to give some potential answer to the problems. In order to do so descriptive ethical theories will be tools in the examination. Finally the conclusion will be presented by a combination of a film review and a short summary of the findings in the text. 1.1 Children with guns The first of the two ethical issues that will be examined is the use of kids as soldiers. In order to do so I believe I have to take a subjective role on the subject, looking from a rebel soldier. The reasons for this is because I believe objective or western views on this topic will in the end state that this is neither moral or ethical. In order to get a more interesting...
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...should be B. as she was a staunch advocate for liberalized divorce laws, scandalized many of her most ardent supporters by her suggestion of drunkenness being C. in being a staunch advocate for liberalized divorce laws, had scandalized many of her most ardent supporters with the suggestion of drunkenness being D. a staunch advocate of liberalized divorce laws, scandalized many of her most ardent supporters by suggesting that drunkenness be E. a staunch advocate of liberalized divorce laws, she scandalized many of her most ardent supporters in suggesting that drunkenness should be ------------------------------------------------------------------------------------------------------------ GWD1-Q2:B By merging its two publishing divisions, the company will increase their share of the country’s $21 billion book market from 6 percent to 10 percent, a market ranging from obscure textbooks to mass-market paperbacks. A. their share of the country’s $21 billion book market from 6 percent to 10 percent, a market ranging B. from 6 percent to 10 percent its share of the $21 billion book market in the country, which ranges C. to 10 percent from 6 percent in their share of the $21 billion book market in the country, a market ranging D. in its share,...
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...FORDHAM UNIVERSITY SCHOOLS OF BUSINESS CEO-Director Connections and Corporate Fraud N.K. Chidambaran Simi Kedia Nagpurnanand R. Prabhala Working Paper 2010-009 Copyright © 2010 by N.K. Chidambaran, Simi Kedia, and Nagpurnanand R. Prabhala Working papers are in draft form. This working paper is distributed for purposes of comment and discussion only. It may not be reproduced without permission of the copyright holders. Copies of working papers are available from the authors. Electronic copy available at: http://ssrn.com/abstract=1681472 CEO-Director Connections and Corporate Fraud∗ N. K. Chidambaran Simi Kedia Nagpurnanand R. Prabhala This Version: September 2010 JEL Classification: G30, G32, G34, G38 Chidambaran is at Fordham University (chidambaran@fordham.edu), Kedia is at Rutgers University (kedia@busness.rutgers.edu), and Prabhala is at the University of Maryland (prabhala@umd.edu). We thank Jonathan Karpoff and Jerry Martin for graciously sharing their data on frauds with us. We thank Benjamin Cole, Eli Fich, Shane Johnson, Lalitha Naveen, Howard Tuckman, Antoinette Schoar, Vijaya Venkatramani, Adam Yore, and seminar participants at Fordham University, London Business School, and 2010 Summer Research Conference at ISB for their comments. All errors remain ours. Chidambaran acknowledges support from a Fordham University Faculty Research Grant, Kedia acknowledges support from the Whitcomb Center, and Prabhala acknowledges support from the Center...
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...Essay1:- Imagine your new CEO wants to reorganize the AAA Management Company so it is more efficient and effective. Look at the model below and analyze the CEO’s reorganization plan. Explain the advantages and disadvantages of the structure he proposed, and then reorganize the structure so it provides optimal benefits to operations of the company. AAA Management's New Organizational Structure | CIO | CEO | CTO | CPO | Vice Presidents | CSO CKO | Managers | Analysts | Essay Answer1:- Let’s look at the different roles and responsibility of title listed above before going into discussion for effective reorganization. CEO: The job title, CEO (Chief executive officer), refers to the head of an organization as in the person who presides over or is in charge of an organization. The Chief Executive Officer (CEO) is the highest ranking executive manager in a corporation or organization. The CEO has specific responsibilities depending on the needs of his or her organization. The job description of a CEO varies by organization. Creating, communicating, and implementing the organization’s vision, mission, and overall direction. Leading the development and implementation of the overall organization strategy. http://humanresources.about.com/od/job-titles/f/Chief-Executive-Officer-Ceo-Do.htm CIO: The CIO position emerged in the early 1980s in response to the pervasive use of IT in firms and the emergence of the information...
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...Helsinki University of Technology Department of Industrial Engineering and Management Doctoral Dissertation Series 2010/8 Espoo 2010 LEADERSHIP IN A SMALL ENTERPRISE Helena Palmgren Dissertation for the degree of Doctor of Science in Technology to be presented with due permission of the Faculty of Information and Natural Sciences, Helsinki University of Technology, for public examination and debate on May 7, 2010 at 12 o'clock in Auditorium AS1 at the Aalto University School of Science and Technology, Espoo, Finland Aalto University School of Science and Technology Department of Industrial Engineering and Management P.O. Box 15500 FIN-00076 AALTO FINLAND Tel. + 358-9-4702 2846 Fax + 358-9-4702 3665 Internet http://tuta.tkk.fi Copyright © Helena Palmgren helena.palmgren@ttl.fi ISBN 978-952-60-3100-2 (print) ISBN 978-952-60-3101-9 (electronic) ISSN 1797-2507 (print) ISSN 1797-2515 (electronic) URL:http://lib.tkk.fi/Diss/2010/isbn9789526031019/ The cover artwork © Eila Haydn, 2010 All rights reserved. No part of this publication may be reproduced, stored in retrieval systems, or transmitted, in any form or by any means, electronic, mechanical, photocopying, microfilming, recording, or otherwise, without permission in writing from the publisher. Edita Espoo 2010 ii ABSTRACT OF DOCTORAL DISSERTATION AALTO UNIVERSITY SCHOOL OF SCIENCE AND TECHNOLOGY P.O. BOX 11000, FI-00076 AALTO http://www.aalto.fi Author Helena Palmgren ...
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...Leadership styles CONTENT Abstract 2 Introduction 2 1 The differences in leadership styles 1.1 Steve Ballmer 3 1.2 Satya Nadella 5 2 Different leadership styles motivate employees 6 3 The importance of charisma 7 4 Examples of leadership style 8 5 Change management 9 6 Corporate communication 11 7 Change management affects team 12 8 Needs assessments 13 Conclusion 15 Bibliography 16 Abstract The purpose of the following paper is to illustrate different leadership styles have different effects on a company, as an example of Microsoft and an analysis on how managers change management. The overall approach takes the collection of primary data (specifically from a corporate website) as a fundamental step in the research process. Introduction Microsoft is a multinational computer technology corporation. The history of Microsoft...
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...JÖNKÖPING INTERNATIONAL BUSINESS SCHOOL JÖNKÖPING UNIVERSITY St r at egi c Under standi ng A Qualitative Study on Similarities and Differences in Perceptions of Strategy Bachelor Thesis within Business Administration Author: Florance Batamuriza Tobias Berg Tony Hatami Tutor: Jönköping Jens Hultman & Anna Jenkins June 2006 Strategic Understanding - A Qualitative Study On Similarities and Differences in Perceptions of Strategy A Bachelor Thesis in Business Administration by Batamuriza, Berg & Hatami - JIBS 2006 Acknowledgements Since the begging of the year of 2006 we have worked hard to complete this paper. It has been both fun and challenging. We would not have reached this far without the help of our tutors, Jens Hultman and Anna Jenkins, therefore we want to give them a special thanks for helping and guiding us through this struggle. At the same time we would also like to thank the other groups for their constructive criticism and ideas for improvements. In connection to this, another thanks to our anonymous proofreaders without whom this thesis would not look anything like it does. We also want to give big thanks to the company that offered their time, effort and their thoughts during the interviews; without it this paper would have been impossible to complete and for this we will be ever grateful. Last but certainly not least, we would like to thank our families and friends that put up with our never ending discussions about the paper, and for your ever lasting...
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