...trouble of learning new things. But people are not drones and they want to be included in decision making. It is easiest to stick with what is known because that is what is comfortable; it is fear of the unknown. In order to overcome the resistance to change, the workforce must be convinced that the change is needed, the problem is real, and the change will solve the problem. There has to be constant support, so that workers can overcome the fear associated with the change. Change Initiative The change initiative that I am going to discuss is still on-going and will most likely not be completed for at least another 12 – 18 months. My company was recently acquired by Lockheed Martin. We are now a wholly-owned subsidiary of Lockheed Martin, and we will be known as Systems Made Simple, A Lockheed Martin Company. Here is a little history on the company I work for...
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...Experiential Exercise: For this exercise, I chose to compare the websites of Boeing and Lockheed Martin. Two prominent companies in the aerospace and aviation industry, which is, and will most likely always be, the primary industry I'm employed in. Both companies' websites successfully convey information in a simplified and descriptive manner. With Lockheed Martin, there are navigational links for different levels of employment and experience levels, such as ex-military personnel transitioning into the civilian careers, new college graduates, interns, and experienced professionals. This simplifies the job search into a 'one-click' method in which interested applicants can view the opportunities that are available to their respective experience levels, as well as any further instructions for applying. Boeing, while also having links to different employment levels, seems more focused on communicating information about the company's ethics, history, and products. This field is based on staying on top of new technology and producing goods of exceptional quality, which means there is a . However, at some levels of both companies, there is a cost-leadership strategy in producing goods for the lowest cost and having employees more efficient than the other. Therefore, it appears that both companies are using a combination strategy, and doing so successfully. There seems to be an encouraged strong desire for entry level applicants with both companies, however, there...
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...Lockheed Martin: The Employer of choice mission Summary The saying of Robert vice president of strategically planning that usually companies talks about strategic vision but without the right expertise it will not more than the illusion. The whole depends on the quality of its employees that differentiate them from competitor. Ken was the vice president of HR in Lockheed and he was given a report contacting that what will be the best practices that could be initiated in organization to become an employer of choice for the employees and to attract the talent from across the borders. And as Lockheed martin had leading in its technology in 20th century they much contribute like they were there when the first man landed on moon and they also help to explore this universe so if they don’t do their jobs then that will lead to the bad thing were start happening in this world. As Lockheed Martin was the merger of two best leading technology companies both had rich history in their technological field and as Lockheed and martin started innovation by developing boats clipper lighting fighter and missiles and then in 1990 Lockheed’s produce world best and innovative aircrafts F16 fighter. The company also contributed toward defense related products and ranked 32nd among 500 largest industries and the give jobs to 170000 people in their state and about 5500 from international market. And also operated their business in several states. Their business was divided into six categories SPACE...
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...1. Introduction 1.1 Organization and product Aston Martin goes back to the year 1913 where leadership is not considered as an inheritance but a continuous challenge of which flexible thinking in production is pre-requisite. The company was incorporated by the passion started by Lionel Martin and Robert Bamford which raced the exquisite cars. It is the ‘harmony of apparent contradictions’ that makes Aston Martin so unique. The concept assures exclusive luxury and comfort combined with racing performance - a truly outstanding experience. Aston Martin transformed from a small-scale manufacturer of sport cars to one of the world’s best known luxury brands of which consists of a niche market. It has currently expanded into the mobile market by creating a mobile phone that is transparent. It consists of transparent glass that has full touchscreen compatibility and implements a SIM card slot, a chipset and a battery, further it also connect to the car and its display, with the latter showing a map of local venues and friends from the Vodacom SA network. The camera in your car can snap a photo by using hologram technology and post it on Facebook letting everyone know you own an Aston Martin 1.2 History A rich and prestigious heritage defines Aston Martin as something truly unique within automotive history. Aston Martin was founded in 1913 by Robert Bamford and Lionel Martin as 'Bamford & Martin Ltd', the company developed into an iconic brand portraying luxury and elegance...
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...[pic] Aston Martin Graduate Scheme Application Form |In order to consider you for our graduate opportunities it is necessary for you to complete this application form in full. | | | |Prior to submitting this application form: | | | |Make sure you have answered all of the questions | |Complete the declaration form and criminal history pages | |Save your form in the following format: Surname_Forname_1st Choice | |E-mail the form once complete to graduates@astonmartin.com in either Word or PDF format. | | ...
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...John Bowman 1017 Pearl St. Unit B Santa Monica, CA 90405 Dear Mr. Bowman, I am sorry to inform you of our company’s decision to discontinue Martin, the show in which created and produced. Our decision to cancel the show came in the mist of the lawsuit between two of the cast member, Martin Lawrence and Tisha Campbell, although all the details have not been released. With that being said we, Fox Broadcasting Company, have came to the conclusion that nothing beneficial would come out of continuing the show especially with the main characters of the show going through a number of personal issues with each other. Also as the show continues for a number of years just like any other show the numbers begin to decline and the numbers for Martin have declined in every statistical category since the show began in 1992. The show’s ratings have almost been cut in half since the first season , in which there was 11.40 million viewers, compared to our most reason season, which is the 4th season that has a less than desirable 6.70 million viewers. With all that being said the show will not be just taken off the air. If it is possible to get both parties to put their issues to the side to conclude the show in a respectable way is what we would like to do for the sake of the loyal fans of Martin. I would like to thank you on behalf of everyone at Fox Broadcasting Network and we definitely look forward to working with you again if you any other ideas. Hope to hear back from you about...
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...FINANCIAL COMPARISON BETWEEN THE BOEING COMPANY AND LOCKHEED MARTIN Keith L. Hohl EMGT 452 Semester Project 14 December 1999 Table of Contents 1. Introduction/Study Objective 2. Boeing Financial Statement and Analysis 2.1. Background and Product Lines 2.2. Consolidated Balance and Income Statements 2.3. Divisional Financial Statements 2.4. Ratio and Trend Analysis 3. Lockheed Martin Financial Statement and Analysis 3.1. Background and Product Lines 3.2. Consolidated Balance and Income Statements 3.3. Divisional Financial Statements 3.4. Ratio and Trend Analysis 4. Financial Comparison between the Two Companies 4.1. Consolidated Comparisons 4.2. Military Aircraft and Space Divisions Comparisons 5. Summary/Conclusions 6. Bibliography 7. List of Tables 8. List of Figures List of Tables T-1: Consolidated Financial Balance Sheet-The Boeing Company T-2: Consolidated Income Statement-The Boeing Company T-3: Divisional Financial Summary-The Boeing Company T-4: Consolidated Financial Ratio Analysis-The Boeing Company T-5: Consolidated Financial Balance Sheet-Lockheed Martin T-6: Consolidated Income Statement- Lockheed Martin T-7: Divisional Financial Summary- Lockheed Martin T-8: Consolidated Financial Ratio Analysis- Lockheed Martin List of Figures F-1: Total Assets Divisional Trend Analysis-The Boeing Company F-2: Sales Divisional Trend Analysis-The Boeing Company F-3: Net Earnings...
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...Lockheed Martin, Fiscal Year 2012 Donna K Falkenburg Professor Susan Lightweis Accounting 206 – Accounting II 6/02/2013 Lockheed Martin is a publicly traded, global security and aerospace company formed in 1995. They are principally engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems and products. They are also known to provide a broad range of management, engineering, technical, scientific, logistic, and information systems. They serve both domestic and international customers with products and services that have defense, civil, and commercial applications. Their principal customers are the agencies of the U.S. Government. In 2012, 82% of their $47.2 billion in net sales were from the U.S. Government, in which they were a prime contractor or as a subcontractor. This includes 61% from the Department of Defense (DOD), 17% were from international customers, which includes foreign military sales (FMS) that were contracted through the U.S. Government), and 1% were from the U.S. commercial and other customers. Lockheed Martin’s main areas of focus includes defense, space, intelligence, homeland security, and information technology which includes cyber security. The organizational governance and structure of Lockheed Martin include a Board of Directors which is made up of ten (10) Executive officers. The positions range from Chairman which is held by Robert J. Stevens, to executive vice presidents...
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...Some people have their own dreams since they were young. And they are sure that they want those dreams to be their future. However, some people find their dreams after they have grown up. Most of the teenagers are still having numerous dream jobs in their mind. Most of them not sure of what they want to be but they knew where they want to be. They want to live without worries , and live happily in the future. For me, as a 17-years-old student, my only aim for now is to pass my O'level with good grades so that i can get into the course that i want. Even though my mind has been wavering with a lot of thoughts and people's 'suggestion'. It is really hard for me to stick on one dream as i am easily influenced by other people. I wanted to be a business woman when i was young because i saw a movie about a successful business woman and i thought she was cool. After a while, i wanted to be an engineer like my father, a hotel owner after i visited to a grand hotel as i thought it would be awesome and a ballet dancer when i saw a Hong Kong movie about a beautiful ballet dancer. As i grew up i had more and more dreams. I wanted to be spy, detective, singer, and lastly architecture. And now i had realized, no matter how many dreams i had, there are some common factors about the dreams that i want. I wanted those career because i thought it would be cool, famous and mostly money. The fact that i like money does not change. My last dream was to be an architecture because i thought it...
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...The Fortune 500 Company chosen for this paper is the Lockheed Martin Corporation. Lockheed Martin is a global securities and information technology company headquartered in Bethesda, MD. Lockheed Martin employs roughly 126,000 people in several facilities throughout the world. The company's main business is in research, design, development, manufacturing, integration and sustainment of advanced technology systems, products and services. Lockheed consists of four operating units, or business areas, which consist of Aeronautics, Electronic Systems, Information Systems and Global Solutions, and Space Systems (LMC, 2011). Lockheed Martin Corporation was created in 1995 from a merger of two major global technology companies, Lockheed Corporation and Martin Marietta Corporation (LMC, 2011). Lockheed Corporation first began in 1912 when two brothers, Allan and Malcolm Loughead, created the Alco Hydro-Aeroplane Company to manufacture a floatplane. In 1916, the brothers used their own profits to buy out the other investors and organized the Loughead Aircraft Manufacturing Company. In 1921, the company was liquidated because of poor sales. Allan Loughead returned in 1926 to create the Lockheed Aircraft Company, which began to be much more successful. Lockheed is the matching pronunciation of Loughead and used instead (Weiss & Amir, 2009). The Martin Marietta Corporation also had its beginnings in 1912 when Glenn L. Martin, an aviation pioneer, created the company to manufacture and sell...
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...I. COMMITMENT TO PUBLIC INTEREST * How can you show your commitment to public interest? Public Office is a public trust , therefore I am bound to commit myself as a public servant to obey due diligence of a good mother of the family in the exercise of my duty as Election Officer in the Commission on Elections. My decision should be guided well on how to use the resources and powers which should be used for the betterment of the community and for the welfare of the people in general. Firstly, dedication to work is very important and this will help me decide on how to work efficiently by organizing the agenda and work plans for the day so that there would be a smooth flow of output in the accomplishment to whatever reports needed. Secondly, by using conscientiously the knowledge and experiences in the assigned work in the office, sometimes it counts when there is a devotion and dedication in the assigned task . Thirdly, honesty is the best policy ,especially with the disposition of office supplies and funds in the Office, my duty is to dispose it properly and all accounted for and recycle some office supplies . Lastly, by exercising the cost-effective way to use the resources in the office simply by not wasting money for nothing or unnecessary expenses in this case it will help the government to augment important projects for the people. II. PROFESSIONALISM How can you become more professional? How can you improve the work you do in the office to improve...
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...Environmental Scan MGT/498 Environmental Advantage One of the fundamental requirements for a company to succeed is to understand both the internal and external environments. The companies must understand these environments and apply the knowledge to a strategy that will give the company a competitive advantage. The competitive advantage must be measured to fully understand how the strategy is being implemented and to what extent the strategy is creating a competitive advantage. Northrop Grumman (NG) uses environmental scanning to understand the market environment. This helps establish a strategy that will hopefully create a competitive advantage. Internal and external environmental scan Northrop Grumman’s internal environment is very strong. The company has positioned itself well to capitalize on the emerging trends in the national defense market place. Northrop has developed new technologies and internal infrastructure to sustain new business in the new technologies departments. NG is also strong in personnel, although there is a troubling trend emerging. NG has a long history of dedicated workers but has failed to retain or attract new talent. There is a growing gap between the experienced knowhow and the new employees. NG has a large gap in the middle of the workforce. The majority of the work force is either five years from retirement or has less than five years with the company. Therefore the “local knowledge” that is essential for continuing seamless operations...
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...fundamental functions of management ? Answer : Managers in all organizations engage in four basic functions. These functions are generally referred to as planning, organizing, leading and controlling. Planning: Planning is the first managerial function, is the process of determining the organization’s desired future position and deciding how to best to get there. In this case Lockheed martin decided its goal and outlining strategies for achieving those goals . Example: The goal of Lockheed martin is to design and make 6000 aircraft within 40 years the total value of these is 200 billion dollar . The main strategy of the managers of Lockheed martin was naming Burbage to head the program because he credits his time as a Navy test pilot. Improving relation with BAE and Northrup Grumman as a partner was another important strategy. Organizing: The second managerial function is organizing--the process of designing job, grouping jobs into manageable units, and establishing patterns of authority among jobs and groups of job. organizational function of The managers and Burbage of Lockheed martin was made the unheard of decision to grant Northrup and BAE a 30 parcent financial and strategic share in the program and by this decision they divide the job as well as establish a patter of authority among themselves. LLeading: Leading , the third managerial function, is the process of motivation members of the organization to work together toward achieving the organization’s goal...
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...Xavian Arnold Dr. Patterson English 112 28 March 2012 A & P: An Analysis of the Character “Sammy” As people age, maturity and wisdom is gained through every experience. From the time a child turns eighteen and becomes an adult, they are required to deal with the realities of the real world and learn how to handle its responsibilities. In John Updike’s short story “A&P” the protagonist Sammy is a young man in 1961 New England who works in the town’s local grocery store. In a matter of a day, Updike goes from an immature boy with unrealistic ideas and fantasies, to a man who is about to realize how life altering the choices he makes can be. Sammy realizes that life isn’t always fair and that sometimes it involves the consequences that life can deal to anyone who has not had time to test a rash decision. Updike’s story illustrates that a part of growing up is a willingness to accept consequences of one’s choices, and that life's hardest lessons are sometimes learned a little too late. This story represents a coming-of-age for Sammy, as seen through his evaluations of the costumers as the story develops. Though it takes place over the period of a few minutes, it represents a much larger process of Sammy’s growth. From the time the girls enter the grocery store, to the moment they leave, you can see changes in Sammy. At first, he only notices the physical appearance of the girls: how they look and what they are wearing, seem to be his only thoughts. As the story...
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...The Introduction of the book (Art Theory) of Robert Williams is generally refers to the existence of art history and art theory at the same time. As far as the importance is concerned, there is no significant difference between art history and art theory. These two always correlated in every way in one aspect, learning art theory; obviously it will provide you the importance of art history at the same time, in studying, and engagement with art. When understanding art, philosophy attempts to come up with theories about art. This theory is maybe a set of principles that define and explains the full meaning of art. However, sometimes, just because a theory is wrong doesn't mean it has no value, we can describe the importance of every art theory even if it is wrong or right. For that reason, an art theory may satisfy necessary or enough conditions, and it will always find exceptions. As we go to the purpose of studying art theory, history should always be part of it. According to Robert Williams, Studying theory should be approached historically, that it is within a comprehensive history of art that the study of theory has most to offer. For example the contemporary art, that involves multifaceted of artists, artwork, audience, institutions. All of these aspects demonstrate with each other, and changes through history. This complex ideas change through history and produce tension between common and uncommon creativity. Works Cited The Introduction of the book (Art...
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