Wednesday, January 1, 2020

Rhetorical Analysis Of Steve Jobs Speech - 848 Words

Throughout time, many inspirational speeches have been remembered, because of how they connect with the audience. Steve Job’s speech during the Stanford’s graduation was inspiring to many of the college graduates. Many people think in order to be successful a college degree is mandatory. Even if they do not like what they are doing. People should love what they do, and should not follow dogma. With his speech, Steve Job’s convinced the multicultural population at Stanford University to be prominent and to pursue their passion by relying on three personal stories in a balanced structure that enables pathos to be clearly developed. Steve Job’s presents his personal stories and a little bit of history as evidence. Even though, this was all†¦show more content†¦His inclusion of such an emotional background as a child born to a women out- of-wedlock, shows that even underprivileged students can achieve success. Jobs tells his audience in his speech how he got into the lows of life and how life was not all peaches and creme for him when he dropped out. His personal experiences helped him create and develop his individuality. He uses pathos to get his audience to understand that he barely had food or money, had no place to sleep and how he got only one good meal a week. It might have seemed strange to his audience, that he was sharing this stage of life with them. That is how he pulled his audience that even the most successful peoples could come from slums and become something just by living out their dream. Steve Jobs then develops an ethos with his audience explaining that he faced adversity in the form of sickness as well as other things. He comes out as a strong man who has overcome his challenges in life. â€Å" your time is limited so don’t waste it living someone else’s life.† Steve Jobs uses his death experience to tell his audience that life is too short. He uses pathos also as he is telling his audience to follow their hearts. He is stating the consequences of these graduate students that not living the best of their abilities after graduation, are much greater, than if they did it when following their real passion. BeingShow MoreRelatedRhetorical Analysis Of Steve Jobs Commencement Speech929 Words   |  4 PagesHarmon 1 A Rhetorical Analysis of Steve Jobs Commencement Speech for Stanford Universitys Graduating Class of 2005: Jobs titled his speech Youve got to find what you love. Steve Jobs is best known as an American entrepreneur, inventor and industrial designer. He was the cofounder, chairman and CEO of Apple Inc. and founder, CEO and chairman of Pixar Animation Studios. Jobs and cofounder of Apple Inc. Steve Wozniak are wildly recognized as pioneers of the microcomputer revolution of the 1970sRead MoreRhetorical Analysis Of Steve Jobs Speech1208 Words   |  5 Pagesperspective on whether to listen or not? Yes. This man, Steve Jobs, a college dropout, someone who didn’t even have enough for food stood before the students of Stanford College; graduating class of 2005. Words are just words if not spoken in a correct manner. What a person speaks with passion is what moves an audience. Throughout time, speeches have been remembered because of how they connected with their audiences:  "If the freedom of speech is taken away then dumb and silent we may be led, likeRead MoreRhetorical Analysis Of Steve Jobs Speech735 Words   |  3 Pages Steve Jobs, a businessman in Silicon Valley, gave the Stanford Commencement Address in 2005. Rhetorical tools are used to persuade the audience. Ethos deals with the speakers credibility, Pathos appeals to emotion and Logos appeals to logic. Steve Jobs’ successfully used the rhetorical tools Ethos, Pathos, and Logos throughout his speech. Within Steve Jobs’ Commencement Address, the rhetorical tool Ethos is used. Jobs began by saying, â€Å"I never graduated from college. Truth be told, this is theRead MoreSteve Jobs Stanford Commencement Speech Analysis1394 Words   |  6 PagesSteve Jobs’ Stanford Commencement Speech: Speak from the Heart A- Speaker and Subject Identification. When technology, innovative and new products subjects is brought up, a few names come to mind. Between these names is that of Steve Jobs, the founder of Pixar Animation, NeXT, and Apple, Steve Jobs, was widely known for changing the world of personal computers and electronic fields. His determination led to significant developments that have affected the lives of everyone of us. There is no denyingRead MoreSteve Jobs Commencement Speech Analysis1462 Words   |  6 PagesOn his commencement speech to Stanford students on June 12, 2005, Steve Jobs, the CEO of Apple computers and PIXAR animations, used carefully crafted inspirational anecdotes and rhetorical devices like ethos and pathos to move his audience to explore, follow their dream and do what they love no matter the odds. Jobs’ gave his commencement address at Stanford students graduation ceremony in 2005, which had an audience size of about 23000. The audience is composed of immensely diverse groups of peopleRead MoreArt of Public Speaking5805 Words   |  24 Pagesall major aspects of speech preparation and presentation. Throughout The Art of Public Speaking I have followed David Hume’s advice that one â€Å"who would teach eloquence must do it chiefly by examples.† Whenever possible, I have tried to show the principles of public speaking in action in addition to describing them. Thus you will find in the book a large number of narratives and extracts from speeches--set off from the text in a contrasting typeface. There are also many speech outlines and sampleRead MoreDeveloping Management Skills404131 Words   |  1617 PagesLine 58 Understanding and Appreciating Individual Differences Important Areas of Self-Awareness 61 Emotional Intelligence 62 Values 65 Ethical Decision Making and Values 72 Cognitive Style 74 Attitudes Toward Change 76 Core Self-Evaluation 79 SKILL ANALYSIS 84 Cases Involving Self-Awareness 84 Communist Prison Camp 84 Computerized Exam 85 Decision Dilemmas 86 SKILL PRACTICE 89 Exercises for Improving Self-Awareness Through Self-Disclosure 89 Through the Looking Glass 89 Diagnosing Managerial CharacteristicsRead MoreOrganisational Theory230255 Words   |  922 Pagestheory focuses attention on the human issues in organization ‘There is nothing so practical as a good theory’ How Roethlisberger developed a ‘practical’ organization theory Column 1: The core contributing social sciences Column 2: The techniques for analysis Column 3: The neo-modernist perspective Column 4: Contributions to business and management Four combinations of science, scientific technique and the neo-modernist approach reach different parts of the organization Level 1: Developing the organizationRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pageslamentable. Taken together, the key themes and processes that have been selected as the focus for each of the eight essays provide a way to conceptualize the twentieth century as a coherent unit for teaching, as well as for written narrative and analysis. Though they do not exhaust the crucial strands of historical development that tie the century together—one could add, for example, nationalism and decolonization—they cover in depth the defining phenomena of that epoch, which, as the essays demonstrateRead MoreLogical Reasoning189930 Words   |  760 PagesComments on the earlier 1993 edition, published by Wadsworth Publishing Company, which is owned by Cengage Learning: There is a great deal of coherence. The chapters build on one another. The organization is sound and the author does a superior job of presenting the structure of arguments. David M. Adams, California State Polytechnic University These examples work quite well. Their diversity, literacy, ethnic sensitivity, and relevancy should attract readers. Stanley Baronett. Jr., University

Monday, December 23, 2019

Systems theory Essay - 1142 Words

A. Three main concepts about systems theory. „ «nbsp;nbsp;nbsp;nbsp;nbsp;The ripple effect 1.nbsp;nbsp;nbsp;nbsp;nbsp;A chain reaction that spreads across a system affecting almost all or all parts. 2.nbsp;nbsp;nbsp;nbsp;nbsp;The ripple effect can start as a small blip that alone has little importance. However, when this small incident starts to affect other parts of a large system, it spreads causing magnified problems for the group and its individual members. Cal State University, Chico had poor budget planning and too many extra expenses over the last few years, such as a brand new student union building and a new building for physical education and recreation majors. Due to the extra expenses, tuition has been steadily†¦show more content†¦A good quarterback and a great receiver along with a talented offense and strong defense should have let them to at least the playoffs. However, personal issues weakened the team and led to a poor season. B. How each concept has affected a group in which I have been a member. „ «nbsp;nbsp;nbsp;nbsp;nbsp;The ripple effect When my dad got sick about 3 years ago, my family experienced a harsh ripple effect. Our family business, a medium sized property management company, is owned by both of my parents. My dad is the broker, my mom coordinates maintenance and bookkeeping, and either my older brother or I manage office administration, depending on if I ¡Ã‚ ¦m in school or not. When my dad got sick, it put enormous pressure on my mom and I to cover the aspects of the business that we had never dealt with. With us putting in extra time and effort (which we gladly did) my younger brother and sister were handed down a lot of responsibility. My brother had to start doing grocery shopping, driving for my sister who is only 14, and extra general chores around the house. My sister started getting dinner ready after she got out of her after school sports, while juggling homework and basketball games. Change spread to all of my immediate family, and we adapted and overcame. The ripple moved beyond my immediate fa mily as well to a few close relatives. My aunt and grandma in particular put in aShow MoreRelatedSystems Theory And System Theory1865 Words   |  8 PagesSystems theory sees the system as a set of related components that work together in a particular environment to perform specific functions that are required of them to achieve the system’s objective (Walker, 2012). Most people are part of a variety of systems and subsystems. For example, a family is seen as a system in itself but each member of the family may have different subsystems, such as their peers, education, job, recreational activities, etc. and all of these subsystems play a role in theRead MoreImplementing A Systems Theory : A System Theory1096 Words   |  5 PagesImplementing a Systems Theory In order for any organization to be successful, they must find effective ways to change systems and policies that are ineffective in creating a successful environment. A system consists of four things, elements, attributes, internal relationships, and the system environment. The systems theory is transdisciplinary study of the abstract organization of phenomena, independent of their substance, type, or spatial or temporal scale of existence (Heylighen Joslyn, 1992)Read MoreSystems Theory Application And System Theory1554 Words   |  7 PagesSystems Theory Application Organizations can be thought of as a system. Systems are defined as a collection of independent components which are interrelated and work together to accomplish goals. A system can be an organization as a whole, departments within the organization, and groups within the organization or processes (Hayajneh, 2007). Systems can be either an open system or a closed system. An open system has characteristics of interacting with the environment (Encyclopedia of ManagementRead MoreSystems Theory1067 Words   |  5 PagesSYSTEMS THEORY Summary RSP 1 SYSTEMS THEORY Three Distinct but Closely Interrelated Theoretical Legacies ïÆ'Ëœ Information theory: focuses on the reduction of uncertainty which is achieved by the acquisition of information . ïÆ'Ëœ Cybernetics: a science of communication concerned with the transmission and control of information; it examines the communication and manipulation of information in various systems . ïÆ'Ëœ General Systems Theory (GST): interested in systems in general; family systems theory isRead MoreGeneral Systems Theory : General System Theory1529 Words   |  7 PagesREDUCTIONISM GENERAL SYSTEMS THEORY 1 Definition When, in a system, multiple activities interact cohesively with each other in multiple ways, complexity takes shape. Reductionism refers to breaking down complex systems into simple components and understanding complex theories by simple principles. General system theory focuses on the interaction or the relationships between components that contribute to the system as a whole. 2 Context Complexity deals with multiple systems, various elementsRead MoreSystem Theory1769 Words   |  8 PagesSystems theory: a scientific/philosophical approach and set of concepts, rather than a theory, for the transdisciplinary study of complex phenomena. It was first proposed by the biologist Ludwig von Bertalanffy in the 1940s (anthology: General Systems Theory, 1968), as a reaction against scientific reductionism*. Rather than reducing a phenomenon (say, the human body) to a collectionRead MoreSystem Theory And System Model942 Words   |  4 Pages Systems Theory in Nursing Ashkan Bastani Walden University NURS – 6053N-12: Interprofessional Organizational and Systems Leadership 01, 30, 2015 System Theory in Nursing System theory and system models provide extensive holistic and system-based approach to nursing that consists of an element of flexibility and interdisciplinary study of the system Nursing-theory.org., 2015). The theory’s primary concern is on patient’s response to potential or actual environmental pressuresRead MoreWorld Systems Theory And The World System Theory2381 Words   |  10 Pages World System Theory unrelated former is logical theories which granted customary photographs of collective change with appropriate focal point at the collect level world system theory. World System Theory that there is a universe industrial arrangement in which some homelands gain during the time remains are over worked. World System Theory is like colony philosophy recommends that having it made that each community help from other community’s and maneuver those community’sRead MoreSystem Theory And Key Fundamentals Of Systems Theory1941 Word s   |  8 PagesIntroduction The systems idea could be a helpful method for pondering the occupation of managing. It gives a skeleton to envisioning internal and external environment components as a coordinated entirety. This report has three sections to exhibit a brief overview of system theory and how to apply it for project and project management. The First part is the literature review of system theory and key fundamentals of system theory. The second part depicts how system theory helps the project. The thirdRead MoreSystems Theory Paper833 Words   |  4 PagesSystems Theory Paper Communication is essential in our society today. There are many different types and methods of communication that people use. Throughout life, people learn to use communication in order to interact in the everyday world. People form groups to place themselves where they think they belong in society. Whether people know they are doing it or not, they consciously or subconsciously place themselves into certain groups. There are many different reasons for people to join different

Sunday, December 15, 2019

Identity and Belonging Witness Free Essays

‘Where we come from and our attitude to it are powerful forces in our lives. ’ â€Å"This gun of the hand is for the taking of human life. We believe it is wrong to take a life. We will write a custom essay sample on Identity and Belonging: Witness or any similar topic only for you Order Now That is only for God. † The conflicting notions and difference between cultures is thoroughly represented throughout Peter Weir’s stunning and thematically moving film ‘Witness’ in which two different worlds with two different value systems are profoundly presented to its viewers. Having a sense of belonging is essential to identity; it is a basic human instinct to belong and to have faith in certain beliefs, the preoccupations meaningfully explored within Weir’s creations. Moreover, through the use of film techniques and representation, Weir has managed to captivate and compel his audience to indulge into the hardships and strategic traditions in which the Amish community follow and also allows the audience to gain a further understanding to the extreme disciplinary law of the ‘Ordnung. The protagonist, John Book, faces a tedious journey to bring justice to contemptible crime and must undergo an ultimate sacrifice of ‘changing his ways,’ which would cause a crucial disregard to all his life lessons that have shaped and guided him, in order to gain the acceptance he subsequently strives for from his ‘former carers’ and unique counterparts of the Amish community. Book also faces the riveting dilemma to assert or deny his d isreputable love with Rachel as well as apprehend where he truly belongs. Weir’s film is positioned between two worlds; the good and the evil, decency and corruption, head and heart, the Amish and the ‘English’. Throughout the film, the complexities of parallel worlds are explored where the different worlds begin to sporadically intertwine. ‘We want nothing to do with your laws,’ at the beginning of the film when Rachel first becomes subject to Detective John Book’s questioning and police procedures, she is taken out of her comfort zone and is presented with a world she knows not of. Rachel is more so driven by the forceful nature of her own predecessors and ‘elders’ which intuitively leads to her attitude of not wanting to abide by the laws of a different world from her own. The passiveness of the Amish is explored as they are depicted as being self-cast as outsiders, basing their lives solely on natural things due to their own stringent belief that it will bring them closer to God. Furthermore, the audience is able to gain an insight to the cultural restrictions in which the Amish live by; living in a rural society where there are no radios, telephones, or televisions, where the only means of transportation is a horse and buggy, and where one dresses to look â€Å"plain. † The depiction of the Amish community in the film is extraordinarily contrasted with the modern contemporary society of the Americans, otherwise known as ‘the English’ by the Amish people. Book’s world is portrayed as being the human function of corruption where ‘somewhere along the way [cops] lose their meaning. ’ Book is inevitably accustomed to deceit, brutality and violence that it consumes him and is the very essence in which drives him forward and acts accountable for his actions. He is inescapably surrounded by it, so much so that he is not completely oblivious to the corruption occurring within the very organisation that is meant to oppose it, his own police department. Book’s duty to investigate corruption within his police department leaves him shot. This violence from Book’s own world and place of belonging is what ironically leads to him going into hiding amongst the Amish people in order for him to protect Rachel and Samuel. He is significantly driven by his job of policing that it acts as a powerful force in his life in which he is suited to, ‘[Elaine] thinks you like policing because you think you are right about everything and you’re the only one who can do anything†¦Ã¢â‚¬â„¢ Evidently, Book is quite complacent living his own life in his contemporary society as it composes of his identity and sense of belonging. At a further contrast, the contemporary society of the Americans deem to be utterly dependant on technology, not just as helpful tools but also for ones own sense of luxury. In the film, when Book is in town with Eli accompanied by other Amish they are ambushed by tourists who simply treat them as though they are placed there for their own amusement, the Amish are not acknowledged as being actual human beings. The tourists bombard them with taking photos and Book does not follow the placid way of the Amish, ‘Lady, you take my picture with that thing and I’m gonna rip your brassiere off†¦ nd strangle you with it! You got that? ’ Though Book attempts to conform to the ways of the Amish he is still so accustomed to his old ways that where he comes from is his own sense of belonging. Furthermore, Book’s trial of ‘fitting in’ with the Amish is ultimately tested when he cannot rid himself of his urban assertiveness and simply turns to violence w hen a group of ‘townies’ harass Daniel Hochleitner, of the Amish, to which Book violently punches one of them in the face though ‘it’s not our way [of the Amish]. Book is fundamentally fixed in his ways, ‘it’s my way,’ and initially disregards his attempts to fit in with the Amish and gain their acceptance. Consequently, Book’s violent actions lead to Schaeffer and his despicable partners being able to locate and track down where Book is staying in hiding. Though Book has sufficiently failed in his attempts to conform to the ways of the Amish, it is evident that he finally makes a connection with the Amish community during the traditional barn-raising scene in the film where Book helps out and realises that for the Amish, community is more important than any other modern necessity. Despite Book’s connection with the Amish he is still mildly branded as an outsider to their community and is only truly accepted through the eyes of Rachel. During the course of the film, Book and Rachel begin to grow affectionate for one another. The attraction between the two only grows stronger as the film progresses and Weir uses intended camera angles and film techniques to represent a change in the status quo. When Book and Rachel are together, they are always filmed through doorways. Book is depicted as always being in the doorway, symbolising that he cannot get past it whereas Rachel is always in through it. However, as the attraction grows stronger, specifically after they kiss, Book talks to Rachel through the door of chicken wire, the holes in the wire imply that Book can now get through to the Amish community yet some of his own identity and predispositions will always remain behind the chicken wire. More so the attraction is shown within the scene in the barn in which Book is fixing his car with his radio on, an ultimate defiance of the ways of the Amish, to which Rachel responds positively. They begin to dance and although Book appreciates the moment, he does not fully understand that he is breaching the wishes of the elders in the community and ominously causes Rachel to act in such a manner which is stupendously frowned upon by her peers. Despite Eli’s warning that she will be â€Å"shunned† if she becomes too close to John, Rachel defiantly gives in to her feelings for the outsider. Though they come from two different worlds, hold different values, nd live different lives, their emotions and feelings towards one another prove to be the same. Eventually Book comes to terms with his limitations and realises that he does not belong in Lancaster County with Rachel despite his utmost attempts to try and change himself in order to belong. Book remains too dependant on things from his world and his reliance on technology bounds him. The life lessons and fixed ways in which Book continuously holds onto prove to a big part of his identity that to completely disr egard them would be a vital sacrifice. His attempts to try and belong with the Amish are boldly thwarted by his own understanding of his significant influence on young Samuel, ‘I would only kill the bad man. ’ His very presence brings danger and the aspect of life in which the Amish try to avoid, that is, murder. The place in which one comes from, one’s home and upbringing, proves to be a powerful force in one’s life. Having a place to belong is essential to identity and life lessons taught prove to be guidance throughout life. It is essential to belong and people will try and change themselves in order to feel as though they fit in. However, to merge two completely different worlds together would be controversial and ultimately unprincipled. The love shared between Book and Rachel would never work because they were two different, they were bestowed with different values, different upbringings and essentially different morals. Book could never stay with the Amish, â€Å"He’s going back to his world, where he belongs. He knows it, and you know it, too. † How to cite Identity and Belonging: Witness, Essay examples

Saturday, December 7, 2019

Practical Management Report The Organizational World

Question: Describe about the Practical Management Report for The Organizational World. Answer: Introduction Innovation is very important in the organizational world. It is beyond creative thinking. As creative thinking refers to as the ability of imagining novel possibilities or developing new uses to the existing technologies or ideas, Innovation is totally different. This is because it is a long process involving development and implementation. Innovation will help the company in many ways. This report was approved after Tony Smith and his team of senior management were convinced that innovation within the organization is a practical thing that should be considered. This research found out a few things about innovation. First, Innovation is important as opens up new possibilities for the business and it could help to improve on current operations. Researchers found that innovation is essential to the long-term sustain-ability of an organization. Furthermore one cannot believe that this would put any strain on the Management team as it would be advantageous if co-workers could make innova tive practices a habit, which we can aid by creating a nurturing space. The world is constantly evolving and companies need to evolve with it to stay relevant. If we want to have a competitive advantage over competitors the need for innovation is vital. Innovations are a powerful source of competitive advantage and the management must focus on innovation. Management Challenge Presented By Innovation In most companies, the topic of innovation is challenging to the managers. The issue of managing innovation is not all about stacking cards together and the results are seen, most particularly in the kinds of disruptive innovations or the new ideas which are expected to lead to major changes in the business and within the marketplace. Some of the innovation management challenges that arise include indifferences, hostility, and isolation. The challenge of indifference occurs since most CEOs and senior management talks of innovation but do very little about it. To most of them, they are just words. Their failure to act is not merely as a result of them not being smart or good enough, its just that innovation lacks in their DNA (Lenz et al., 2016). Most senior managers make it to the top management positions because they were good operational managers who could improve services and products, meet sales objectives or even keep up with the competitors. According to Song et al. (2015), senior managers are sometimes challenged by innovation management because they are the type that typically execute tactics and incremental strategies well but lack on some skills that are required for innovation. Lack of hostility within the top managers leads to challenges in innovation management. Such senior managers do not encourage new ideas and innovations. They are the kind that listen attentively to innovative ideas, they provide good advice and some encouragement. However, if they are honest enough, they would also say that they dont have energy, time or a budget that may help beyond a pat on ones back. Corporate bully show their hostility by going beyond such senior managers. Even though they may be poor in their interpersonal skills, they create an innovative environment that is healthy for the business. Innovation is a technologically complex and a multidisciplinary subject because it arises from various spheres or fields of activity. This is the reason why innovation often results from groups of individuals that are not only exceedingly talented but who, together bring points and skills that are diverse. Sometimes organizations have senior managers who have isolation skills and who make their businesses to be isolated (Vlceanu, 2013). Such isolation hinders the workers from bringing new ideas and innovations to the workplace. Lack of a corroborative approach leads to a challenge in management of innovations. Bouncing of ideas from one place to the other helps to improve it and instill value to it. The best tool that can be used to innovation is the experimentation culture. It is not always correct that great business are built on great ideas. According to Aramonte (2012), great businesses result from continuous tinkering until the emergence of the big idea. Experimentation is one organizational skill which triggers every other organizational issue. Innovation challenge can be overcome by encouraging an experimentation culture within the business. Big enterprises sometimes find it challenging to keep up the innovative culture because they fail in the experimentation approach. This is where small businesses and start-ups do better than them- they are willing to experiment and to try any new idea. How to Develop Innovation Capability Development of innovation is not a task for particular people in the organization, not even the managers. The main role that managers need to play is to nurture a space that encourages the subordinates to engage in innovative practices as a habit. Being creative provides a good start to innovation. Creative thinking is part of creativity. Individuals who engage in creative thinking regard themselves as being creative. However, for individuals that regard themselves as non-creative, managers have the opportunity of motivating them to be creative through recognition of the creative individuals by rewarding them. Managers can also recognize those who have the potential to think creatively. One of the best and simplest ways of making people to be innovative is ensuring that those who have the potential and those who show it are innovative. This creates an innovative culture within the company. Some of the rewards that can be used include the non-monetary and the monetary rewards (Mc Carthy, 2011). However, some researches indicate that monetary rewards alone cannot improve the quantity or the quality required. Incorporation of non-monetary rewards is more effective on showing what is required and its also interesting to use. Innovation management can be regarded to as organizational capability. Companies that excel nurture and invest on such capabilities. This enables them to execute innovation processes that are effective, leading to new product, process and service innovations. The end result is a superior business process. Developing a conceptual model within the organization creates an innovation engine. Quinn et al. (2015) suggests that if an organization invests on innovation capability rather than the physical assets, there would be higher chances of wealth creation. According to Lawson and Samson (2011), innovation capability is would be developed if organizations would dwell on seven elements which includes: strategy and vision, competence base harness, intelligence of the organization, idea management and creativity, systems and structures of the organization, climate and culture as well as managing technology. The seven elements have been designed from management of innovation literature. Linking innovation, strategy and vision provides one of the best and effective management of innovation. Strategy is a determinant of the manner in which resources, processes, systems and products are configured in order to deal with uncertainties that exist in the environment (De Oliveira et al, 2012). This manner of developing innovation would require firms to decide on which businesses they should perform and in which markets. For innovation to succeed, it is important for the organization to effectively and correctly direct resources to the specific sections that they are required. External Environmental Factors to Watch The external environment presents factors that needs consideration as the organization endeavors to become innovative. In contrast to the internal environment, the external environment is diverse (Bala Subrahmanya, 2013). The management has to measure, discuss and analyze models that exist in the external environment. Such models include PESTEL framework, Porter's Five Force and the SWOT Analysis. Some of the external factors that organizations should be watch out for includes the market, competition, technology, supplier markets, labor markets, the economy, regulatory environment, globalization and sustainability among others. There are different external environmental factors that affect the manner in which a business can become innovative. Globalization has been an external factor to watch over the last few years (Sheen, Trck and Wang, 2015). Apart from affecting businesses, this factor affects the society, environment as well as the economy. These alterations are majorly related to the rapid technological changes, information transfer and the increased technology. Competition as a result of globalization results from cost of product and service, adaptation to technology, quick company production, quick responses as well as target markets. Innovation enables businesses to produce items and services at less costs and later sell them cheaply, thereby leading to increased market share. It is important that this organization becomes innovative since customers are always provided with large choices that exist within the market. When globalization presents these choices, the behavior of customers change and th ey turn to the need of acquiring services and goods in a more efficient manner and in a quick way than before. As the business seeks to become innovative, it is important that it watches the sustainability factor. While considering a certain innovation or new idea, the market should focus on sustaining its market or any additional customers that would be attracted. Sometimes sustainability refers to the management of social, financial and environmental risks, opportunities and obligations. In order to foster sustainability, the organization can practice stakeholder engagement, management of systems within the environment, reporting and disclosures and life cycle analysis. Employees, customers and the community are some of the stakeholders that businesses should engage. Environmental management systems provide processes and structures which help in embedding efficiency of the environment that would help in mitigation of risks (Wang and Kimble, 2016). While practicing innovation, it is important that the organization keeps analyzing the life cycle. The social and environmental impacts should be systematically analyzed through life cycle analysis. The contingency theory explains how managers act in external environments in relation to certain variables. For instance, when the size of the organization increases, coordination problems arise. The procedures that the managers use in coordination large organizations would not appropriately work in small organizations. Also, the technology that is used in production of outputs differs and hence influences appropriateness of leadership styles, organizational structures as well as the control systems. Environments hold organizations and as such, the environments may be turbulent and uncertain or unchanging and predictable (Quinn et al., 2015). This affects leadership styles, and organizational structures. The contingency theory also makes it clear that the way individuals differ, they have different needs in which managers should try and adjust to. Summary In conclusion, despite the rate of innovation that companies across the globe are transforming, the main thing that matters is how innovative an individual firm is. The string of struggling used by organizations such as Nokia, Blackberry, Kodak and Blockbuster attests to the fact that the firms attempted intrinsic innovation in which they were unsuccessful or they resisted the innovation altogether. My proposal to the senior management to make our firm more innovative will prevent it from failing like these other companies in the near future. Indifferences, hostility and isolation are subjects that managers should always understand and work on their part to avoid failure of the organization. If managers play their part and avoid the management challenges that face innovation, organization members are at a better chance of making their new ideas and innovations work. The organizational management has the ability to make members of the organization more innovative through motivations, training and initiating organizational cultures like experimentation. In its endeavors, the firm should watch external environmental factors including market, competition, technology, supplier markets, labor markets, the economy, regulatory environment, globalization and sustainability among others. It is also important that challenges that hinder innovativeness be considered within the next few years to propagate innovativeness. Recommendations for the Coming Five Years It is important that the organization ensures that its priorities and organizational processes are flexible and adaptable. In order to do so, first I would recommend that the company avoids isolation. The firm should interact with its competitors by organizing events that create interaction. This way, members of the organization will come up with new ideas. Secondly, I would recommend that the firm makes experimentation its culture. If members are allowed to be free during certain periods where they conduct their own experiments, there is a probability that innovations would come up. Finally, individuals showing potential should be motivated and rewarded when they perform. References Aramonte, S. (2012). Innovation, Investor Sentiment, and Firm-Level Experimentation. SSRN Electronic Journal. https://dx.doi.org/10.2139/ssrn.2653820 Bala Subrahmanya, M. H. (2013). External Support, Innovation and Economic Performance: What Firm Level Factors Matter For High-Tech Mses.? How? International Journal of Innovation Management, 17(5), -1. Doi: 10.1142/S1363919613500242 Sheen, J., Trck, S., Wang, B. Z. (2015). Daily Business and External Condition Indices for the Australian Economy. Economic Record, 9138-53. doi:10.1111/1475-4932.12181 De Oliveira, P., Gonalves, C., De Paula, E., Santos, K. (2012). Knowledge Management Strategy Focused To Innovation Technology Products: The Case Of Invent Vision. RAI, 9(4). https://dx.doi.org/10.5773/rai.v9i4.842 Lawson, B. Samson, D. (2011). Developing Innovation Capability in Organisations: A Dynamic Capabilities Approach. International Journal of Innovation Management, 05(03), 377-400. https://dx.doi.org/10.1142/s1363919601000427 Lenz, S., Pinhanez, M., De Csaris, L. U., Jacobs, C. (2016). Open Innovation and the Challenges of Human Resource Management. International Journal of Innovation Management, 20(7), -1. doi:10.1142/S1363919616500638 Mc Carthy, N. (2011). Non-monetary rewards are greater than jobs challenges. Nursing Standard, 25(32), 32-32. https://dx.doi.org/10.7748/ns.25.32.32.s41 Quinn, R., Clair, L., Faerman, S., Tho. (2015). Becoming a Master Manager: A Competing Values Approach, 6th Edition. John Wiley Sons. Song, W., Ming, X., Han, Y., Xu, Z., Wu, Z. (2015). An integrative framework for innovation management of productservice system. International Journal of Production Research, 53(8), 2252-2268. doi:10.1080/00207543.2014.932929 Vlceanu, C. (2013). Innovation Management - Solution in the Context of the Contemporary Society Challenges. Review of International Comparative Management / Revista De Management Comparat International, 14(5), 774-782. Wang, H., Kimble, C. (2016). How External Factors Influence Business Model Innovation: A Study of the Bosch Group and the Chinese Automotive Aftermarket. Global Business Organizational Excellence, 35(6), 53-64. doi:10.1002/joe.21712

Saturday, November 30, 2019

Management and Leadership Style Essay Example

Management and Leadership Style Essay Is a measure of an organizations ability to meet its current debt obligations. Profitability Liquidity Leverage Activity 12. This team leader role requires leaders to try to get the best out of their team. Troubleshooter Liaison Coach Conflict manager 13. The path goal theory sees the Job of an effective leader as Proving clear instructions for the followers Defining goals for followers Helping followers understand their goals 14. Value is any aspect of a product that customers Notice Will pay for 15. The transformation process transforms Inputs into goods and services Inputs into service only Goods and services into products Materials into goods only 16. Visionary leaders are leaders who guide by The force of their personality Inspiring followers Articulating a vision of the future Offering rewards to followers 17. An example of nonverbal communication is A voice mail An email A smile a whisper A whisper in the product. 18. When an auto executive fails to notice an important demographics report in her overstuffed inbox before going to a meeting. She 19. Motivation NOT A process that leads to a goal Something that requires a direction Something that varies from situation to situation We will write a custom essay sample on Management and Leadership Style specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Management and Leadership Style specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Management and Leadership Style specifically for you FOR ONLY $16.38 $13.9/page Hire Writer A permanent personal trait Avoid work unless rewards were high Just want to collect a paycheck Love their Jobs more than the money they make Avoid responsibility for their actions 21 . Jargon can be very useful for communication Within a specialized close-knit group Between males and females Outside of a specialized close-knit group Between people who speak different languages 22. Which of the following in NOT a key component of emotional intelligence (E)? Social skills Active imagination Empathy Self-awareness Assumes that employees have little ambition, dislike work, and avoid responsibility Theory X Belongingness needs theory Self-actualization needs theory Theory Y 24. Service organization Produce physical outputs only Produce nonphysical outputs only Require nonphysical inputs only Produce physical and nonphysical outputs 25. Which communication sequence is correct? Sender-encoding-channel-decoding-receiver Sender-channel-medium-recoding-receiver Sender-decoding-channel-encoding-receiver Source-sender-encoding-encoding-receiver 26. Ammonias boss allows her any decision she thins is important on the spot without Laissez-fairer style Democratic style Hands on style Automatic style 27. Ross can create web pages that are accessible only to remember of his organization on An interchange An ethanol A videoconferencing An electronic data interchange 28. If a trait theory of leadership were true, then all leaders would possess Charisma The same traits Different traits Seven traits 29. Setting goals definitely seems so Increases performance and motivation Decreases motivation and performance Increases motivation but not performance Decreases performance but increase motivation 30. The is the series of work actions that value to a product as it is being transformed from inputs to finished product. Supply chain Input chain Output chain Value chain 31 . Which three needs are recognized in Miscellanys three-needs theory? Achievement-power-affiliation Achievement-power-security Security-self-interest- affiliation Power-comfort-stimulation Developing empathy with the speaker Focusing on the speaker Understanding the full meaning of the speakers message Avoiding premature Judgment or interpretations of the speakers message 33. Mallows theory is a hierarchy because All needs are equal Needs are satisfied sequentially All needs are important Needs are never truly satisfied 34. The human reactions view of conflict states that conflict Is necessary for successful group performance Must be avoided Is natural and inevitable Should be ignored 35. What was your favorite thing we discussed this semester relating to current events? Why? 36. Transformation leaders are leaders who guide by Articling a vision for followers 37. According to Herbert. What controls satisfaction and motivation? Intrinsic factors Both intrinsic and extrinsic factors Extrinsic factors Extrinsic and security factors 38. Two horizontal bars that identify the _ represent each work activity in a Gaunt chart. Goal and actual progress Actual progress and managers name The date and the managers name 39. A major part of the controlling function of management is to Formulate strategies Set standards Correct performance problems 40. The first step in the control process s to Measures actual performance Compare a standard against an ideal Take action Compare performance against a standard 41. Is the deliberate manipulation of information by the sender to make it appear more favorable to the receiver. Selective perception Filtering Information overload Jargon 42. What are the benefits and drawbacks of both written and verbal communication? How do nonverbal cues affect communication? 43. The key to the fierier contingency model of leadership is to match Leader and leadership style Leader and follower Leadership style and follower Leadership style and situation 44. MBA stands for management by Walking round Written action Work area 45. Early leadership trait research looked to find characteristics that might Different leaders from mainlanders Define charisma Distinguish ordinary leaders from great leaders Identify the physical traits or leaders 46. The second step in the control process is to Compare a standard against an idea Measure actual performance

Monday, November 25, 2019

APUSH DBQ essays

APUSH DBQ essays The early development of the Chesapeake and New England regions were made up like a jigsaw puzzle. Though they both had the same number of pieces they were made up of pieces of different shapes. Regardless of their separate pieces they both came together to make up a whole. Something that wasnt similar was the overall make up of the two regions. When you add strong components to a region, you get a strong region. The difference of these colonies was the fact that one was settled by families and the other by single men. During the year of 1635, the list of immigrants was put out. This told about the people that were going to be arriving in the colonies by ship. The ship for New England was to set sail in March. An obvious key of the list was that most if not all people were all families. If they werent family they were servants of a family. This showed that there should be more unity among the region. The number of families helped ensure that this region would have more of a family feel than just a lot of people thrown into an unfamiliar place. Leadership was going to be a key factor for the New England region. Although there were young kids aboard, they had many adults to learn from. It is always a good thing to be able to look up to someone older for guidance. Chesapeake on the other hand was going to be settled by many single men. Most of them were around a young age of 20 or so. The number of single men was already looking to be a problem for the future colony. Most of the men werent to m ature and would have trouble stepping up and acting like real men. They were sort of like a wild fraternity at a college. They wanted to act wild and immature as frat boys do. Chesapeake didnt seem that it would have as much leadership as New England. There was probably that one older man that would try to put his foot down and set an example but he probably would have a little trouble in doing so. (D ...

Friday, November 22, 2019

Brief about Investment Management

Finance Brief about Investment Management Introduction Every individual saves some part of his or her income for any unforeseen situation. In addition to this, saving is also important for every person as adequate amount of money in the account after retirement will ensure a better and tension free life. But putting money just in locker is considered as dead investment as the saved amount will not grew. Further, it is also a well known fact that human being is a greedy animal (Pihlman, et. al., 2011). He wants to see his money growing in leaps and bounds and for this purpose only, instead of putting money just in the lockers, now day people are more interested in investing their capital in certain areas which gives good returns (Pihlman, et. al., 2011). In order to make quick bucks, people are investing their savings in different schemes which delivers good returns. In this regards, stock market has come up as one of the most popular areas in which people are readily investing their money on different-different stocks for getting higher returns. Putting money in savings accounts does not reap higher returns, so now day people are more interested in share market as it has generated better returns in recent past (Focardi and Fabozzi, 2004). But before investing money in the stocks of different companies, it is essential for every investor to have adequate knowledge regarding the investment management. Investment management can be defined as purchase and sale of investments within a portfolio. The area of investment management is quite wide which includes banking, budgeting activities and taxes; but in general perspective investment management refers to trading of securities and portfolio management to attain some desired goals (Pihlman, et. al., 2011). Major activities involved in investment management are: Analyzing financial statements of the companies Selection of stocks Selection of assets Implementing desired plan, and Continuous monitoring of investment activities (Fabozzi, 2008). Investment Objectives and Philosophy Objectives Below mentioned are main objectives of all the investors depending on their risk taking capabilities and stage of life: Income: The main motive behind making investment of all the investors is generating income. They consider share market as alternative source of income and invest in securities which deliver higher returns (Focardi and Fabozzi, 2004). Growth and income: Another investment object of an investor is both; capital gain and income. Most of the people dont only want extra income; rather they also want appreciation of their capital. Capital appreciation is associated with the risk taking capability of an investor. Safety: Investments are never considered to be safe as some kinds of risks are always associated with them. Still there are some investment products such as government bonds, fixed deposits which deliver low but continuous returns. People who invest in such instrument have main objective of security of their invested capital (Fabozzi, 2008). Growth: Unlike growth and income, an objective of some of the investors is only growth, that is, they do not want any income from their investment, rather just want to see their capital growing. Such investors invest in commodities, property market, gold, mutual funds, etc. Active trading / speculation: Another objective of investors is active trading or speculation of the market activities (Focardi and Fabozzi, 2004). Apart from above stated objectives, some of the other objectives of investment are tax exemption and liquidity. Philosophy Different people have different motive behind making investment in any form of instrument. Thus, investment philosophy defines certain principles on the basis of which an individual makes decision of investment (Swensen, 2009). These philosophies may vary from people to people such as: Fundamental Investing: With this philosophy, an individual or group evaluate the earnings prospects of the firm and on the basis of that makes their investment decision. Value Investing: In such kind of philosophy, investor analyzes all the stocks and identifies the companies whose stocks are undervalued. Further, such individuals believe that there are higher chances of these stocks to deliver better returns (Brentani, 2003). Growth Investing: Investors with such philosophy believe that it is beneficial to invest in those stocks which are form the emerging sectors. Products and services which are from emerging sectors have higher growth prospects and are expected to deliver returns at higher rates (Smithson, 2003). Technical Investing: These are the individuals who invest on the basis of past performance of the stock and neglect its current standing. Such investors evaluate the past data of the companies and on the basis if analysis of the data makes sell or buy decision (Kendall and Rollins, 2003). Socially Responsible Investing: Investors with such kind of philosophy looks for those stocks which actively participate in corporate social activities. They feel those companies which follows ethical business standards and stick to moral standards will produce better results in comparison to other companies (Focardi and Fabozzi, 2004). Contrarian Investing: Investors with this kind of philosophy are handful in the market. They perform just opposite kind of activity in relation to the rest of the market. There trading decisions are contradict to the majority of the market. For example, if the other investors will go for buying of certain stocks, they will go for its selling and vice versa (Pihlman, et. al., 2011). Portfolio Strategy and Asset Allocation Portfolio Strategy Investors invest in more than one stock on the basis of performance of particular stocks. Thus, combination of all the stocks is known as portfolio of stock. Portfolio strategies are not but general guidelines that help investors in strategically investing in stocks of different companies so as to meet their financial goals. It deals with designing of optimal portfolio and asset pricing. In this regards, risk return trade off is the best tool which is widely used by the investors in selection of optimal portfolio (Kendall and Rollins, 2003). Further, the Capital Asset Pricing Model (CAPM) shows that measure of sensitivity () is in proportion to the assets risk premium. Asset Allocation While putting money in any investment instrument, it is essential to properly allocate the funds in different assets. Thus asset allocation can be termed as investment strategy that helps in adequately investing money into different stocks or instruments so that the portfolio can achieve a balance between risk and reward. In other words it can be said that this strategy deals in adjusting the percentage of different assets in the portfolio as per the investment time frame, goals and risk tolerance capacity of an investor (Kendall and Rollins, 2003). Basically this strategy is adopted by the investor for diversifying its investment portfolio so that overall risk from the investment can be reduced. Return of an investment is majorly dependent on the allocation of the assets in the portfolio. Characteristics of different assets are different from each other and they perform differently in different economic scenario and market conditions. Further, different investment instruments delive r different returns and these different returns are not perfectly correlated (Kendall and Rollins, 2003). Thus, an optimal portfolio is one which is quite diversified, that is which consists of different-different investment instrument with varied characteristics so that overall risk from the investment can be reduced and still the investment reaps higher returns. Here are some of the strategies that can be used for achieving optimum assets allocation: Strategic Asset Allocation: this is the most common method of asset allocation and focuses on the concept of basic policy mix. That it, it includes stocks form each asset class based on their expected rate of returns. For example, the portfolio may consist of fifty per cent bonds with annual return of five per cent and fifty per cent stock with annual return of ten per cent so as to achieve a return of about seven and half per cent (Focardi and Fabozzi, 2004). Constant Weighting Asset Allocation: The above focus on buy and hold concept. Thus, even if the scenario changes, the portfolio remains the same. To overcome from this, one may adopt a constant weighting asset allocation approach. In this approach, the investor keeps on rebalancing the portfolio as per the changes in the economic and market conditions. For example, if some stock is not performing well and its prices are going down, investor can invest on it and other the other hand, if price of any particular stock is going up, the investor can sell that stock (Focardi and Fabozzi, 2004). As such there is not thumb rule for time of rebalancing the portfolio in strategic and constant weighting assets allocation, but generally it is advice to rebalance the portfolio when the actual value of the portfolio changes five per cent from its original value. Tactical Asset Allocation: If an investor invests for longer time duration, in such cases the above stated allocation strategies proves to be rigid (Pihlman, et. al., 2011). Therefore, sometimes it is beneficial to invest in some securities for shorter time period to practice tactical deviation and to benefit from exceptional investment opportunities. Further, this strategy brings flexibility. This is regarded as moderately active strategy but in this the investor must have knowledge of short term investment opportunity, so that later on he can again rebalance the portfolio (Pihlman, et. al., 2011). Dynamic Asset Allocation: Next strategy adopted by some of the investors is dynamic asset allocation strategy. It is also an active asset allocation strategy in which investor keeps on adjusting the proportion of different investment instruments with the rise and fall of market. Further changes in the economic conditions also force an investor to change this asset mix (Pihlman, et. al., 2011). Dynamic asset allocation strategy is just opposite of constant weighing strategy as in this strategy investors buys or hold those assets which are rising and sell those assets which are declining. For example, due to certain reasons if stock market starts declining, an investor starts selling his assets assuming that the market will fall further and similarly if stock market starts performing well, investor buys stocks with a hope that the market will continue to perform well (Focardi and Fabozzi, 2004). Insured Asset Allocation: Another asset allocation strategy which is practiced by many investors is insured asset allocation strategy. Under this strategy an investor set the base value of the stock and tries that the portfolio value does not go below the base level. As long as the value of portfolio is above the base value or is increasing, investor practices active management and tries to keep on increasing the value of the portfolio (Focardi and Fabozzi, 2004). On the other hand, if the value of the portfolio, due to some reason starts declining, investor starts investing in risk free assets such as government bonds, fixed deposit, etc. so as to limit the base level. This type of strategy is practiced by investors who want secured returns and are involved in limited active portfolio management (Pihlman, et. al., 2011). Integrated Asset Allocation: Last in this series is the integrated asset allocation strategy. Under this strategy, while deciding the elements of the portfolio, investor considers both the parameter; his economic expectation and his risk taking capabilities (Kendall and Rollins, 2003). All the above stated asset allocation strategy only considers future economic expectations of an investor and does not focus on his risk taking capacity or his investment risk tolerance. But in case of integrated asset allocation strategy, it considers various aspects of all the above stated strategies. In addition to economic expectation, it also accounts for rise and fall in stock market and risk tolerance capabilities (Focardi and Fabozzi, 2004). Among all the strategies, integrated asset allocation strategy is the broadest asset allocation strategy, but it allows investor to practice only one asset allocation strategy at a time, either dynamic asset allocation strategy or constant weighting asset a llocation strategy (Kendall and Rollins, 2003). References Fabozzi, J. F. 2008. Handbook of Finance, Financial Markets and Instruments. John Wiley Sons. Focardi, M. S. and Fabozzi, J. F. 2004. The Mathematics of Financial Modeling and Investment Management. John Wiley Sons. Pihlman, J. et. al. 2011. Investment Objectives of Sovereign Wealth Funds - a Shifting Paradigm. International Monetary Fund. Swensen, F. D. 2009. Pioneering Portfolio Management: An Unconventional Approach to Institutional Investment. Simon and Schuster. Brentani, C. 2003. Portfolio Management in Practice. Butterworth-Heinemann. Smithson, C. 2003. Credit Portfolio Management. John Wiley Sons. Kendall, I. G. and Rollins, C. S. 2003. Advanced Project Portfolio Management and the PMO. J. Ross Publishing.