...success of any team is developing a well-written and planned charter. The charter must include essential information such as their goals, timeline, recognizing the roles of the team, clear directions, an established leader and the process of communication all components of succeeding. The leadership in teams vital as the leader sets the tone for informing each team member of their tasks that relevant to them (Jenewein & Morhart, 2008). Also, the leader must frequently communicate to advise the team of deadlines, newly developed updates, and incomplete information that needed to execute the project. Nevertheless, other members of the team contribute essential attributes in areas with strengths where others may lack in those skills. Collaboration and constructive communication, however, play a role in the team outcome as it provides an opportunity to create and share their views openly and honestly....
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...|[pic] |SYLLABUS | | |School of Business | | |MKT/571 | | |Marketing | | |Murrieta Learning Center | Copyright © 2011, 2010, 2009, 2008 by University of Phoenix. All rights reserved. Course Description This course prepares students to apply marketing concepts to create and sustain customer value. Students learn to solve marketing problems in a collaborative environment. Topics include market research, customer relationships, branding, market segmentation, product development, pricing, channels, communications, and public relations. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is...
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...9 Lung Wah Street Kennedy Town Hong Kong Dear Dr. Liao, I am Pan Yi, a Year Two undergraduate Economics and Finance major student living in New College for 2 years. I am writing this letter to appeal my unsuccessful readmission result. This appeal letter aims to provide justifications to why I believe I am a strong applicant who deserves readmission for the coming year and why I sincerely hope the management team will reconsider my case. This is to let you know that HKU has selected me for a summer exchange programme in the US, which means I have to leave on 25 May, and come back around 23 August. If my application is dismissed without strong justified reasons, I will be homeless when I come back. At that time, it would be rather hard and difficult, even impossible for me to rent a flat before the new semester starts within a week, and I have no place to stay during that period as well. Because most of the rents and contracts start from June, and I will not be in Hong Kong, it is impossible for me to find a flat now and I am not financially capable to rent a house on my own. If you ask me why haven’t I started looking for a house earlier, that’s because I was really confident that due to my devotion to New College I will be given an opportunity to stay back and keep on contributing to a place ...
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...CEBEX, one of the largest defense companies, and has been assigned as the Project Manager for a project coded Ajax. The project is a high-tech security system being funded by the U.S. Department of Defense. His core team consists of 30 full time individuals, half hardware engineers and the other half electrical engineers. In the past, Tran has been able to achieve quite an impressive reputation on managing projects with half of them being completed ahead of schedule. At the start, Tran immediately identified some concerns with the project but was confident in his skill set to coach the team to completion. As the project progressed, certain problems arose that tested Tran as a project manager and his abilities to overcome these issues. As an effective project manager, Tran was able to identify a potential issue dealing with the generation gap between his software and electrical engineers. In an effort to develop a collaborative work environment Tran needed to get each member to work as one cohesive unit. Prior to the start of a project, Tran pulled together everyone involved to identify the project scope, goals and objectives, and have the entire team participate in team-building exercises. By the end of the workshop, Tran felt a sense of camaraderie within his team that translated into the beginning weeks of the project. Hardware and electrical engineers working side by side to solve problems in an effort to complete the project on time in order to receive their bonuses. At the...
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...Outline why and how sports can contribute to your life? As cliché as it sounds, playing sports helps you in life because it develops skill sets like, leadership, teamwork and time management. Describe some of the pitfalls experienced, as well as some of the benefits which sports can contribute to the daily life of young adult? Those who play well display behavior showing high moral standards such as magnanimity, fairness, respect for rules, and cooperation. Some pitfalls young adults maybe experience in sports may be high stress from coaches implementing hard practices as a form of punishment or being benched because they may not play as well as some other players. How can a person leverage a skill in sports to land a dream job and becoming...
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...|[pic] |Course Syllabus | | | | | |School of Business | | |MKT/571 Version 6 | | |Marketing | Copyright © 2011, 2010, 2009, 2008 by University of Phoenix. All rights reserved. Course Description This course prepares students to apply marketing concepts to create and sustain customer value. Students learn to solve marketing problems in a collaborative environment. Topics include market research, customer relationships, branding, market segmentation, product development, pricing, channels, communications, and public relations. Students may find it beneficial to refer to concepts learned in Economics. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student...
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...British Journal of Management, Vol. 9, 91-114 (1998) Attributes of Successful and Unsuccessful Acquisitions of US Firms^ Michael Hitt,* Jeffrey Harrison,^ R. Duane Ireland* arid Aleta Best§ *Lowry Mays College of Business Administration, Texas A&M University, College Station, TX 77843-4221, •College of Business Administration, University of Central Florida, Orlando, FL 32816, 'Hankamer School of Business, Baylor University, Waco, TX 76798-8004, and ^College of Business and Industry, University of Massachusetts Dartmouth, North Dartmouth, MA 02747, USA Acquisitive growth strategies continue to be popular, in spite of increasing evidence that they often do not enhance the financial performance of acquiring firms and may adversely affect innovation. However, some acquisitions are associated with both increases in financial performance and a strengthened commitment to R&D while others experience decreases in both. Multiple theories have been offered to explain acquisitions and their outcomes, but few have received strong empirical support. This paper describes a multiple rater, multiple-case study of acquisitions that had highly favourable outcomes and others that experienced highly unfavourable outcomes. All twelve of the high performing acquisitions studied were found to exhibit the dual characteristics offiriendlinessduring acquisition negotiations and resource complementarities between the two firms. Additionally, debt played an important role in the success (low...
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...two different surgical teams, with a related organization, that was affected in a different way after implementing an original knowledge for cardiac surgery. Traditionally, in the OR settings, there is a quantity of protocols and routines with the purpose of providing steadiness of practice across unusual hospitals. In this situation, generally everyone knows what their responsibility is, and the team members do carry out in performance without needing to communicate a lot in the company of each other, or at least they think so. Innumerous studies demonstrate that unsuccessful team communication repeatedly has been established to be present at the starting place of medical errors (Apker, Propp, Ford, & Hofmeister, 2006). A team is an assembly of individuals with harmonizing skills with the intention of achieving universal goals (Collins & Parker 2010). To be successful, teams ought to be appropriately managed and considered (Johnson 2009). A solution of a team achievement is inter-professional interaction. The case study without a doubt sets the two nurses experiences apart. Nurse A was a component of a team that embraced the alteration, took the accurate steps to put into action the modification and understood the advantages of adopting the original equipment. Effective coordination and communication surrounded by team members may have been the explanation why they felt safe and empowered to verbalize when something was incorrect. While members of a team may feel empowered and...
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...Phil Race’s Theory (2005) A powerful and more up to date theory of learning is that postulated. Phil Race, (2002-2005). Race is rather demission of Kolb and sees learning not as a cycle but as a series of concentric rings, rather like ripples on a pond. There are four processes and rather than progressing through a cycle, they interact with one another like ripples in a pond. If there is a starting point it is "wanting" to learn. (Race, 2005) Diagram 1: Ripples on a pond Race sees the process as beginning with the Need to learn and the associates desire (Want) of the individual student or practitioner to learn; followed by active engagement of the individual in real practice- Doing. Race is a firm believer in 'Knowledge is experience and everything else is just information” and postulates that, having engaged in practice, the student needs to make sense of the experience and get their head around it. (Albert Einstein’s quotes, 1879 – 1955). Race refers to this as Digestion and suggests that this is closely followed by the need for Feedback to be given by a third party to be learning situation. 'Ripples on a pond' model of the main factors underpinning successful learning was developed by asking countless people (students, colleagues, professionals, trainers, all sorts of people) straightforward questions about how they learned things - all sorts of things. Probably the most universal of the factors in their responses was that feedback was essential. Most often, this feedback...
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...Leading Culturally Diverse Teams Diversity has a major impact on business and in the workplace and it cannot be ignored. A leader should make diversity a resource instead of viewing it as another type of liability. Diversity means differences and is a characteristic of everyone not just people of different races, nationalities, or genders. It also means the human differences that exist in a wide variety of categories such as race, gender, ethnicity, age, physical appearance, physical abilities, education, and religion. Although they are all equally important, more attention is placed on religion and race due to the laws that were enacted to give special protection to these. (DuBrin, 2010) Why is diversity significant? There are changing demographics, changing workplace expectations, and changing structure. (Moore, 2005) With changing demographics, most companies would agree that changing demographics have motivated them to examine diversity issues not only with their employees in the workforce but with their customer base as well. Changing workplace expectations means that newer workers don’t always feel loyal to their employer and if their demands aren’t met they are willing to go elsewhere. In the future those that would have been hired for their brains will not be easily replaceable. Lastly, there is changing structure. This simply means that because companies are moving to flatter, leaner, and organizational structures there is a lot of teamwork taking place...
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...International Joint Venture (IJV) is a formal agreement in which two or more of business partners in order to accomplish a particular mutually beneficial project (Park 2010, 55). The aim of this report is to discuss two or more companies successful and unsuccessful to forming an international joint venture (IJV). Transaction cost approach is one of the circumstances to joint venture formation in order to minimize cost of production and also reduce risks of business. Besides, organizational learning is another circumstances that enter and into a joint venture to learn foreign knowledge about the business and skill from another partners. This report has considered several reasons why one succeeded and other one failed of the companies. Daimler Chrysler faced the impact of cultural differences that causes Daimler failure on IJV performance. Language barrier always be the problem of communicating. Moreover, lack of management is one of the failure reasons for Daimler due to the ineffective leadership of the president. Poor management with human resource management can be the main reason of failure. Chery Jaguar Land Rover, the human resource management is providing high standard of service and also attracting talented people to stay is the key success of the organization. The management skill of Chery Jaguar Land Rover is a high top quality management. It is recommended that managers and the partners of Daimler Chrysler must improve the communication skills to understand each other...
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...Success as a Manager Kimberly Parrish November 05, 2011 Abstract: This essay will present information on how to identify difficulties you as a manager may have when establishing teams. It will also provide information on successful characteristics of establishing teams. Stressed throughout are four recommendations for success, a guide on how to improve and resolve conflict. Understanding and being able identify the successful and unsuccessful things of managing a team is very important. This is not only important to the success of the team or when establishing teams but can help make a manager that more effective. Getting recommendations from those who are succeeding is also a very important aspect of being a manager. Success as a Manager In today’s meeting, we discussed the difficulties and success our mangers have had with our transition to self-directed and high-performing teams. We also discussed some ways to improve and become more effective in our managing. I will include the minute notes from this meeting along with some recommendations for success and a designed plan on how to improve intercession and conflict resolution abilities. The difficulties we have faced: Self-directed teams have to make several mechanical and operating decisions, which were priory made by supervisors. This may include things such as bonuses and rewards, schedules for the staff, inventory, and so forth. However, the biggest encounter, which will be faced, is implementing and managing...
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...Below are the 16 differences between successful people and unsuccessful people that Andy Bailey and the postcard claim, followed by a picture of the postcard itself: 1. Embrace change vs. Fear change Embracing change is one of the hardest things a person can do. With the world moving so fast and constantly changing, and technology accelerating faster than ever, we need to embrace what’s coming and adapt, rather than fear it, deny it or hide from it. 2. Want others to succeed vs. Secretly hope others fail When you’re in an organization with a group of people, in order to be successful, you all have to be successful. We need to want to see our co-workers succeed and grow. If you wish for their demise, why even work with them at all? 3. Exude joy vs. Exude anger In business and in life, it’s always better to be happy and exude that joy to others. It becomes contagious and encourages other to exude their joy as well. When people are happier they tend to be more focused and successful. If a person exudes anger, it puts everyone around them in a horrible, unmotivated mood and little success comes from it. 4. Accept responsibly for your failures vs. Blame others for your failures Where there are ups, there are most always downs. Being a leader and successful businessperson means always having to accept responsibility for your failures. Blaming others solves nothing; it just puts other people down and absolutely no good comes from it. 5. Talk about ideas vs...
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...1. Q. What are some of the social, political, and economic forces that are influencing SIA’s decision to become a learning organization? * The situation in this case study demonstrates the need to consolidate employee knowledge into one system in an effort to improve overall company performance. SIA had acquired 30 separate businesses but they were still functioning like 30 separate companies. They each still had their own set of management and well-defined procedures and policies. As a result, most of the employees had developed their own areas of expertise. In the highly competitive insurance market, SIA needed to change this business philosophy if they were going to succeed. * In the early years of the new century, many companies use behavioral approach that means they use information and techniques from the social sciences to improve organizations health and improving internal relationships, and increasing problem for solving capabilities. In that time, social and political environment is changing. If SIA Corporation keep their own political policy, and keep its own hierarchy, characterized by strong top-down administration, SIA could not able to see or compete to other organizations as competition for achieving its goal. 2. Q. If you were a specialist from SIA, how and why would you respond to the proposed changes? What steps would you suggest Jerry take to increase employee utilization of the knowledge- sharing system In particular? How can he encourage...
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...project prioritization that included focusing on the vision and impact of projects and narrowing down projects by selecting the ones of high importance and assigning them to senior management teams. I will attempt to critique that process, recommend an improvement for the process, provide a scenario of why the process could possibly not be successful, and project if the process will still be successful in five years. Critiquing D.D. Williamson Project Prioritization The prioritization process at D. D. Williamson is a great improvement opposed to the previous prioritization process that was implemented. I believe that D.D. Williamson was able to finally overcome challenges after years of not having a successful process in place. Cutting down the amount of projects from 60 to 16 was a smart plan that in return helped D.D. Williamson not to go over budget, increase the success rate to over 60 percent of projects finishing close to the expected completion date, and earn better results. This process also helped to move forward the most critical projects of high importance. Simplifying the criteria ratings also helped to narrow down projects and prioritize them. By selecting a new criteria rating and focusing on the Vision Impact Projects (VIPs), it made it easier for the management team to focus on projects that would have a impact on corporate objectives and monitor them better in weekly meetings to overcome barriers before they occurred. Improving the Prioritization...
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