...1. What are the key elements of Morgan Stanley’s 360ο performance evaluation process? The first key element, which is also the name giver for the new evaluation process, is the 360 degree feedback. The new system is based on the idea that a professional should be evaluated by colleagues from all levels of hierarchy, be it superiors, peers or subordinates. This is an innovation, compared to the previous system, according to which the evaluation of a professional was performed by a group of professionals, superior to him/her in the hierarchy. The 360 degree title refers to the periphery of a circle that encompasses the individual, which is exactly the sum of professionals, of all ranks, who can provide constructive feedback to the professional, as opposed to just their supervisors’ opinions which only makes up for a portion of their surrounding professionals, which can thus be described as “part of a circle, but not all”. The aim of 360 degree feedback is that the one-sided perspective of the supervisors is eliminated. This perspective is usually formed by the special nature of the relationship of a given professional to their supervisors. That relationship is usually similar to that of a parent to a child or an authority to the people. The relationship between a parent and a child is characterized by the child’s tendency to execute to its parent’s orders, either out of respect or out of love. It is also characterized by a child’s tendency to ask perks from its parent, and...
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...Morgan’s, “Bad Rules Never Seem to Die: the Five Worst Rules of Public Speaking” dispels the typical remedies and advice for uneasiness. Through rhetorical strategies such as the use of common ground, credible support, and structure Martinuzzi approaches the topic with the intention to aid the fear-stricken while Morgan utilizes bias and tone to tell his audience why all other information on the subject is invalid. In the article ’11 Easy Ways to Finally Overcome Your Fear of Public Speaking” the author says the best way in attempting to manage your fear is to first understand what is causing it. Martinuzzi goes deep into talking saying “understanding that our brain can not tell the difference between a real threat (a pack of wolves about to attack you) and an imagined threat (a group of your peers watching you present) is the first step to overcoming the fear. She uses Berkun as a as a reference to back up her explanation of the root of fear. This helps you know that she has references to helping you understand your fear of public speaking. Martinuzzi also uses “flight or fight” fear response to relate to the fear of public speaking. This refers to a psychological response, which provides you with information that she knows something about how the brain functions while responding to fear. But me personally from my experience of public speaking, I believe the information that Martinuzzi...
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...Morgan Stanley: Becoming a “One-Firm Firm” Time: Summer 1993 Scenario: John Mack has recently been appointed president of Morgan Stanley (MS). His primary goal is to recapture the “value of the franchise.” History of Morgan Stanley • Firm founded in 1935 when, in the wake of the Banking Act of 1933 (Glass-Steagall) requiring banks to separate commercial and investment-banking activities, six partners of J.P. Morgan left to form Morgan Stanley & Co. • In 1971, MS launched a sales and trading operation, a dramatic change from its exclusive focus on corporate finance to that point. The firm was very successful in this effort, dominating the sales and trading rankings for a decade. • In mid-1970s, MS began expanding internationally, before most other firms were acting on the potential of the global market. • By 1977, MS had over 1,000 employees, more than 4 times as many as in 1970. • While the firm had been one of the most prestigious banks on Wall Street and had developed exclusive relationships with many Fortune 500 companies, by the early 1980s the firm had started to rest on its laurels as many of its competitors were on the rise. • In the 1980s, corporations began to move from single long-term banking relationships to long-term transaction-based relationships predicated on receiving a variety of services. MS stumbled during this time, falling to sixth in global underwriting in 1983. • During this time, MS established merchant banking and asset management...
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...PHI-105 December 2, 2011 Morgan Denny Technology has devolved massively since the 1980s’s, computers access was very limited until the 1990’s , to gain access then, one would have to pay a visit to the public library to have access to a computer. The use of the public library computers was not as accessible as in today’s household computers; using public the computers meant you had a librarian constantly monitoring your time and work as you used the computer. However, today’s computer access and usage has advanced exponentially. A computer or similar processing unit can be found in almost every home, school, coffee shop and library around the world. Cyber bullying is the most undermined however, it is on the raise. The increased use of computers in our society has not been all good news and productive, which leads to cyber bullying. Cyber bullying is the most undermined however, it is on the raise. The development of computers and other technical device created issues in our society that we were not equipped to manage. The invention of social networking sites such as Face-book, Twitter and communication software like instant messaging, blogs, texting, emails, and chat-rooms have introduced ways in which the increase use of computers are being used in a counterproductive way. Through these avenues has lead to a new way of bullying known as cyber bullying. “Cyber bullying takes different forms, some of which are harder to identify are less forms obvious associated...
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...MLA: Super Size Me. Dir. Morgan Spurlock. Perf. Morgan S.. Disney, 2004. DVD. Type: Documentary Précis: Super Size Me is a 2004 American documentary film directed by and starring Morgan Spurlock. The film documents this lifestyle's drastic effect on Spurlock's physical and psychological well-being, and explores the fast food industry's corporate influence, including how it encourages poor nutrition for its own profit. Morgan was to eat at McDonald’s three times a day, and consume each item on the menu at least once for 30 days. As a result Morgan gained 24½ lbs. (11.1 kg), a 13% body mass increase, a cholesterol level of 230, and experienced mood swings, sexual dysfunction, and fat accumulation in his liver. Morgan risked his life to expose the secrets of fast food companies, and in particular McDonald’s to help educate the public. Examination of Bias: In the documentary, multiple forms of bias were exhibited, clearly establishing an anti-fast food campaign. Had the documentary not be biased, Morgan would’ve made some kind of an effort to get a hold of information that presented both sides of the story. However, without exception every person interviewed in the documentary had said something along the lines of fast food is bad for you, that it is harmful to your health, and that it will eventually make you fat and/or obese. Maybe what he did find was actually is the truth, but it was presented in bias. The audience can tell that Morgan started from the assumption...
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...Mid-Term Case Study Analysis Introduction According to Ann Cunliffe, Organization Theory “wasn’t recognized as a discipline until the 1960s” (Cunliffe, 2008, pp. 8). Currently however, Organization Theory is a common concept and has to be practiced every day by managers. For that reason, managers and administrators must be aware of the competitive advantage that derives from the thorough knowledge of organizational theories. Organizational literature offers a broad amount of tools that can help managers in their decision making processes. Even though theories are not rules, they are based on observation and data collection over the years, and are accepted among scholars (Vibert and Hurst, 2003). Consequently, learning the theories that scholars have written in the past (and in the present) help managers to create a portfolio of frameworks to solve the problems they might face in their organizations. Moreover, managers who excel the practice of organizational theories become more critical individuals; improve effectiveness within their organizations and develop the ability to predict organizational behavior. Based on the above, this paper pretends to put into practice the theories and concepts learned so far in the academic course Organization Theory. Accordingly, this script summarizes the practical analysis of the case presented in Jermier’s work “When the Sleeper Wakes”: A Short Story Extending Themes in Radical Organization Theory (Jermier, 1985). This critical analysis...
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...Abstract This paper explores Garner’s theory of learning and its impact on effectively managing the modern day classroom environment. Major approaches to human behavior and development are discussed relevant to biological, social-cultural, cognitive, and psychological development. Social learning is discussed relevant to its connection to an individual’s ability to perceive and comprehend the world and ultimately understand instruction. Category learning theory is discussed and will argue that individuals will understand information that they have been exposed to and can relate to. The theory of bodily-kinesthetic functioning is discussed and will attempt to define the abilities to control one’s body movements and to handle objects skillfully. A brief discussion on how technology has impacted learning will also be explored, in an effort to define how the instructional classroom and management techniques have evolved over the years. This paper also researches traits that encompass direct instruction designed to increase classroom management efficiency and enhance overall learning potential. I will take a look at the various theories, explore their benefits for individual growth and learning, classroom management, and customize my own theory of learning. Theory of Human Learning and Development Introduction There are numerous theories of learning that have been created, researched, and tested. It is imperative that teachers run their classrooms...
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...Week 3 Discussion Question Response Reflect on this week’s Learning Resources and on your own experience as a leader (preferably in a work context but possibly in a volunteer or personal context), and describe an instance in which your leadership was not successful because you simply ‘told’ rather than ‘shared’. Now, using and referencing this week’s Learning Resources, describe how and why you might have handled this situation differently. Ayopeju Njideaka/H0032748 (University of Liverpool , Online MBA) Introduction Many approaches have been adopted in the attempt to define leadership – philosophical, scientific, non-scientific. Leadership is so complex that experimentation has not yielded much , holding all but one variable constant is impossible. Grint (2000) states that survey and review of successful leader approaches are mostly used for leadership research. Both produce results that are informative rather than definitive. According to Maxwell (2011), Leadership is influence. A business leader seeks to influence his team to maximise their effort at achieving the predetermined goals. Getting people to perform at their best takes a lot more than wielding authority over them. In my experience, employees give their all to the organisation when they feel valued. Organisational leaders and managers are instrumental to this feeling. To the employee, they are the face of the organisation. The complexity of Leadership can be attributed to many variables. Some of the variables...
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...answers that members of MyATMonitor have asked and industry experts answered. Our primary goal is to bring knowledge that will be useful to traders on the buy side. In fact, this philosophy is well reflected in the very heart of MyATMonitor, a reliable, independent and trusted peer-group network of and for buy-side only institutional traders. This publication has been compiled from ongoing Q&A activity on the MyATMonitor Expert Panels. At the time of publication, the Expert Panels on MyATMonitor are Dark Pools, Commission Sharing Arrangements, EMS/OMS Relationships, Fragmentation of Liquidity, MiFID II and Transaction Cost Analysis and Best Execution. The ATMonitor team would like to thank all members and experts that have generously contributed to the success of MyATMonitor. ATMonitor Team. www.atmonitor.co.uk 2 Fragmentation of Liquidity ATMonitor Commentary Experts Panellists (in the order of appearance): Steve Grob Director of Group Strategy, Fidessa Steve is responsible for Fidessa’s strategic development.This includes the development of new geographic markets and strategic partnerships and driving new industry initiatives. As part of this Steve heads up the firm’s strategy in response to the fragmentation of the equities trading landscape, managing the firm’s initiatives in conjunction with both the established exchanges and the new and emerging alternative liquidity venues and dark pools. Steve has also played a significant part in bringing the Fidessa Fragmentation...
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...Case 1 ENRON: WHAT CAUSED THE ETHICAL COLLAPSE? case summary | Kenneth Lay, former chairman and chief executive officer (CEO) of Enron Corp., claimed to be a moral and ethical leader and exhorted Enron’s officers and employees to be highly ethical in their decisions and actions. In addition, the Enron Code of Ethics specified that “An employee shall not conduct himself or herself in a manner which directly or indirectly would be detrimental to the best interests of the Company or in a manner which would bring to the employee financial gain separately derived as a direct consequence of his or her employment with the Company.” Enron’s ethics code was based on the values of respect, integrity, communication, and excellence. Given this code of conduct and Ken Lay’s professed commitment to business ethics, one wonders how Enron could have collapsed so dramatically? The answer to this question seems to be rooted in a combination of the failure of top leadership, a corporate culture that supported unethical behavior, and the complicity of the investment banking community. The failure of Enron’s top leadership was evident in the activities of Andrew Fastow, Jeff Skilling, and Ken Lay, all of whom faced multiple counts of criminal activity with respect to their decisions and actions at Enron. Included among these criminal charges were money laundering, wire fraud, securities fraud, conspiracy, making false statements on financial reports, and insider trading. Some of the activities...
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...Barclays Acquisition of Lehman Brothers Background Barclays PLC, one of the main saving banks in the United Kingdom, agreed Sept. 16, 2008, to purchase the volume of Lehman Brothers Inc. for $1.75 billion. It has acquired parts of Lehman's equities commerce in Europe and took on some Lehman workers in Asia. Lehman, the fourth major asset bank in the United States, was one of the victims of the subprime advance disaster that led to the administration stand security of Bear Stearns in March 2008 and the conquest of advance giants Fannie Mae and Freddie Mac by the U.S. Treasury in advance in September of 2007. Worth as much as $45 billion in early 2007, Lehman incurred almost $4 billion in losses in the third quarter has seen its stock worth fall down and was faced with disciplinary downgrades in its credit rating, which would have made it tremendously hard to raise much-needed capital. (Clark, 2008) Fuld who was the Head of Lehman sought Chapter 11 bankruptcy defense for Lehman on Sept. 15 2007 after U.S. Treasury Secretary Henry Paulson made it obvious that the administration would not spend any of taxpayers money to fund any of Lehman’s faulty asset. Under Chapter 11, which shields a corporation from creditors' lawsuits while it reorders its finances, Lehman became more attractive to Barclays; the British bank then bought Lehman's choicest bits devoid of assuming its more than US$600 billion in liabilities. Under the terms of the contract, which got approval from the insolvency...
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...Case 1 ENRON: WHAT CAUSED THE ETHICAL COLLAPSE? case summary | Kenneth Lay, former chairman and chief executive officer (CEO) of Enron Corp., claimed to be a moral and ethical leader and exhorted Enron’s officers and employees to be highly ethical in their decisions and actions. In addition, the Enron Code of Ethics specified that “An employee shall not conduct himself or herself in a manner which directly or indirectly would be detrimental to the best interests of the Company or in a manner which would bring to the employee financial gain separately derived as a direct consequence of his or her employment with the Company.” Enron’s ethics code was based on the values of respect, integrity, communication, and excellence. Given this code of conduct and Ken Lay’s professed commitment to business ethics, one wonders how Enron could have collapsed so dramatically? The answer to this question seems to be rooted in a combination of the failure of top leadership, a corporate culture that supported unethical behavior, and the complicity of the investment banking community. The failure of Enron’s top leadership was evident in the activities of Andrew Fastow, Jeff Skilling, and Ken Lay, all of whom faced multiple counts of criminal activity with respect to their decisions and actions at Enron. Included among these criminal charges were money laundering, wire fraud, securities fraud, conspiracy, making false statements on financial reports, and insider trading. Some of the activities...
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...Press All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior permission of Oxford University Press. Library of Congress Cataloging-in-Publication Data is available ISBN-13: 978-0-19-530792-4 ISBN-10: 0-19-530792-5 1 3 5 7 9 8 6 4 2 Printed in the United States of America on acid-free paper For Chaille Bianca and Vivienne Lael and William Grant who says he wants to be an investment banker ACKNOWLEDGEMENTS As a f i r s t - t i m e au t h o r , I have many people to thank. Luckily for the reader, most of them are current and former employees of Goldman Sachs and Morgan Stanley who would prefer not to be cited. Their support and insight were invaluable to this enterprise. For early encouragement and guidance I must also thank Clare Reihill at Harper Collins, Brian Kempner and Peter Kaplan at the New York Observer, L. Gordon Crovitz...
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...University Venture Fund Needle.com Jaren Rogers Basic Company Description Needle.com was founded by Morgan Lynch on November 1st, 2009. It is an online company that licenses its chat software to ecommerce companies. The company then hires experts of a certain product that work as independent contractors with the flexibly of working from anywhere with flexible work hours. These experts chat to customers online when the customer has visited a website that uses Needle’s chat software. Gamification is used as a tool to give the experts who chat to customer’s incentive to do well and be compensated. Business Model Needle licenses its proprietary chat software to online retail companies. This licensing agreement drives the revenue for the company. The company hires independent contractors to assist in giving knowledge about the products that Needle licenses to. The large expenses that Needle demands are for research and development, salaries for independent contractors, overhead and sales force. Product A customer visits a company that is partnered with Needle and starts browsing for a product. On the site there is button that says something along the lines of “Talk to an Expert Now”. Once the customer clicks the button, a screen pop comes up, the customer is asked to type in their name, and a friendly “Hello, How are you today?” comes up from a Needle product aficionado 1099 employee. The company is constantly innovating and is currently experimenting with...
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...& Costa and Carl Rogers compliment the idea that chronic illness will impact the individual’s ability to keep a positive self-esteem and develop socially and autonomously through adolescents. We will look into the specific factors that are impacted by chronic illness’, how exactly they relate to the responses of adolescent individual, how it affects their relationships with families and medical staff, and identify ways in which we can promote positive development despite the burden of a wide range of chronic illness’. For Adolescents and young adults, gaining autonomy is essential which is imposed while enduring management of a chronic illness. Obviously with illness’ such as cancer, Sickle cell disease, Cystic Fibrosis and asthma; the vulnerability involved with daily activities directly affect ones confidence in behaving in line with social norms. As S.Morgan states these chronic illnesses ‘require constant monitoring and strict adherence to a medical regimen, with little room for the risky behaviors and experimentation that is often a part of peer relationships at this stage’ (Morgan, Davies, Palmer, & Plaster, 2010; Sawyer, Drew, & Duncan, 2007). This peer relationship stage is crucial in...
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