...Hult is the best business school where to pursue an MIB degree A college or university is an institution of learning. It is a place which moulds the life of an individual. One of the biggest decisions of life includes the decision to decide the university to join. In education industry there are many top ranked business schools and universities but according to me Hult is the best place to pursue MIB degree. In Hult you get the chance to study in 3 campuses out of 6 across the world, it is highly ranked in financial times and The Economist, it gives you an opportunity to be the part of Hult prize, diversity in class, you get an Ipad for the studies, etc. Out of all these reasons I would like to explain first three reasons which are the main reasons. Global rotation up to 3 campuses Very few universities gives opportunities to study at more than one location where as Hult provide an opportunity to study at 3 different locations across the globe out of 6 campuses. It provides an opportunity to work with different people and different economies. And being a Business student it is necessary to have international exposure and international networking and Hult’s global rotation program gives an opportunity to have international exposure. As said by the Hult President, Dr. Stephen Hodges “Practical experience is crucial for anyone who wants to understand the subtle differences between doing business in the world’s most powerful economies.” And with Hult we can study and explore the...
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...“Not too long after I started a career in technical engineering, I realized that staying in the technical path will not help me achieve my ambitions, as there are not many milestones to aim for, that is why I took my decision in changing my career path and perusing a job in sales, where opportunities and challenges were wider and the chances for me to show the best I have were better” “I worked hard to get the opportunity to shift to the sales division; then I could move on faster than others in handling techno-sales meetings and negotiations and got my first appreciation letter in less than one year; As an engineer I utilized my analysis skills in creating strategies for each step of the sales process, it was also my strength when I was managing a team of sales engineers. I had been a sales manager in my previous job for four and half years, at the same time I was in charge of establishing new divisions and new markets, I had to initiate a reporting system which was converted to a professional customer relationship management software”. “My qualifications qualified me to be honored by the board of directors of the Hess Group and appoint me as the head of its subsidiary in the Middle East in Dubai, where I am currently stationed. I got the opportunity to manage several divisions including accounting, sales, administration and logistics as well as reporting to the head office and attending strategic meetings with the senior management”. “In my current position I have to show...
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...© HULT INTERNATIONAL BUSINESS SCHOOL | CASE STUDY: IROBOT - “WHERE TO WIN” AND “HOW TO PLAY” 1 Hult Strategic Growth Challenge: iRobot – “Where to Win” & “How to Play” in the increasingly crowded robotics space Competition Details Judge: Ronald Jonash Professor of Strategy and Innovation, Hult International Business School Case Study: iRobot - “Where to Win” and “How to Play” in the increasingly crowded robotics space Developed by Professor Ronald Jonash and Bert Fickel for the purpose of classroom discussion and analysis at Hult International Business School. ©2014 What would you do? You are the head of strategy at iRobot, and have been asked for your recommendations and rationale on “Where to Play” and “How to Win” over the next two years. 1. Where should iRobot best put its development resources and focus? 2. Where is iRobot’s marketing budget best spent? 3. How can iRobot best win given its strengths and weaknesses? 4. What are the key factors and competencies that are liable to drive success and gain a sustainable competitive advantage? Read the complete case study on pages 1 - 2. Rules Entries must be submitted in PowerPoint format 10 slide maximum including 1-2 page executive summary (not including title page) Presentation should be professional and “boardroom ready” Awards* 1st Place - 40% scholarship towards tuition 2nd Place - 25% scholarship towards tuition 3rd Place - 15% scholarship towards tuition How to submit Apply for our intake 2014 ...
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...recognized politically. This essay will endeavour to examine the language planning policy of Sweden, and in particular evaluate such policy in its effectiveness as a language. English as a language has gained exponential attention world-wide for its dominance as a result of globalisation, this is particularly obvious when examining the language planning policies of the different nations of the world (Hult, 2012; Spolsky, 2004 in Hult, 2004). It can be argued that within Sweden the previously strong Swedish official language is now being threatened by the implementation of English (Hult, 2004). While Swedish is the singular recognized official language of Sweden, English has extreme prominence as a language of academic instruction and as aforementioned has been argued to be of threat to the Swedish language (Winsa, 1999). Since gaining membership to the European Union, the English vernacular has seen rapid growth within the nation (Hylenstam, 1996 in Winsa, 1999). The language is being used for academic instruction and has become a core subject within certain schools across the country (Hult, 2012; Winsa, 1999). This can be argued to give a level of social prestige as the language is being used in a formal environment. It is likely that English within...
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...HULT International Business School EMBA Carlo Giorgis HULT International Business School Executive MBA CHANGE MANAGEMENT The reorganization of the Group Internal Audit Department FINAL assignment: Carlo Giorgis Change Management 1 HULT International Business School EMBA Carlo Giorgis EXECUTIVE SUMMARY UniCredit is one of the largest European financial groups, operating in 22 European countries with around 160.000 employees worldwide and 9.500 branches. In 2005, following the merger with HVB and the appointment of a new Head of Department, the Internal Audit Department (IAD) was reorganized. The expected results were obtained later than planned, with large resistances, process and relationships disruptions and bureaucracy increase. Main reasons were due to a simplistic approach to change, an inadequate leadership style, lack of compelling vision and insufficient communication. The IAD restructure could have been managed more effectively with a different approach in terms of: Organization metaphor: IAD has aspects of both Machine and Organism (Morgan, 1986); Model of change: William Bridges’s Model (Managing the transition, 1991) and Kotter Eight Steps (1995); People’s management, keeping into account the Behavioral (Pavlov, 1928 – Skinner, 1953) and Psychodynamic (Kubler-Ross, 1969 – Satir et al, 1991) approaches; Team’s management, building a project team taking into account the personal traits of team members (Belbin, 1981), involving external...
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...mean that our clients can securely finance their studies and ensure that costs are kept to a minimum, leading to a higher ROI. • assle-free application process. H With an average of only two weeks from application to approval, we offer one of the simplest loan processes on the market. • avorable payment terms. F Our clients are not required to start paying back the loan until six months after graduation (MBA and MA students), giving graduates ample time to secure a new job (88% of Hult MA Class of 2013 students had a job three months after graduation). • o penalties for early repayment. N GoEd clients enjoy unique flexibility when it comes to making early repayments. Successful educational partnerships Since 2005 we have helped over 1,000 Hult students to successfully fund their education and achieve their dream of gaining an Master degree. Securing your GoEd educational loan 1 The first step is to agree on the loan amount with your admissions officer at Hult. This amount will then be communicated to GoEd. 2 GoEd contacts the student within 48 hours with an offer letter for the educational loan, specifying all terms and conditions. 3 T he student must pay the application fee of USD200. Once GoEd receives the payment, the student will have access to a web-based tool where all supporting documents for the application can be uploaded. Visit: goed.com 4 Once all relevant documents are uploaded, GoEd will finalize the loan application...
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...inkjet printer cartridges that were purchased on February 11 were defective. The cartridges were returned and the office supply store reduced the company’s outstanding A/P balance by $200. Feb. 22 Performed consulting services for $14,000 cash. Feb. 24 Billed clients $16,000. Feb. 25 Paid salaries of $12,000 Feb 28 Paid the entire outstanding balance owed for office supplies purchased on February 11. REUIRED 1. Prepare journal entries for the above transactions. 2. Post each entry to the appropriate ledger accounts (use the T-account format). 3. [Prepare a trial balance—we will do this during class] Toolbox Practice Problem 2 Hult Lawn Care Service began operations in July 2015. The Company engaged in the following transactions during its first month of operations. July 18 Issued 500 share of capital stock to Bob Hult for $1,500. July 22 Purchased office supplies on account for $100. July 23 Purchased mowing equipment for $2,000, paying $400 cash and issuing a 60-day note payable for the remaining balance. July 24...
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...For the exclusive use of Y. Likaku, 2015. 9-704-427 REV: NOVEMBER 29, 2005 PANKAJ GHEMAWAT MICHAEL G. RUKSTAD JENNIFER L. ILLES Arcor: Global Strategy and Local Turbulence These last few years have been spent constructing a Latin American Arcor. In the next five years, we are going to have a global Arcor. — Luis Pagani, President, Arcor Group In May 2003, Argentina was slowly beginning to emerge from the country’s most devastating financial crisis. Half a year earlier, the crisis had peaked: the peso had devalued by 70%, the government had ordered a freeze on all bank withdrawals, and many local companies had fallen into financial default. In the wake of the disaster, Luis Pagani, president of Arcor Group, Latin America’s leading candy and chocolate manufacturer, was one of the few Argentine entrepreneurs remaining whose company was still financially stable. However, the crisis was taking its toll on even the most successful and healthy corporations. The crisis happened to hit Arcor at a critical time in the unfolding of its long-term strategic plans. Pagani had worked hard to make Arcor a dominant player in the Latin American confectionery market and had recently laid out plans to increase its presence in other regions. By 1999, he was ready to implement his strategy and was eager to work toward competing on the level of other multinational manufacturers, such as Mars, Nestlé, Kraft, Hershey, and Cadbury Schweppes. However, Arcor’s response to the...
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...my passion for marketing drove me choice a high school which is focused on psychological and sociological subjects which are, in my opinion, fundamental for advertising and promoting products/services. The knowledge that I gained in these two similar fields made me decide to challenge myself in the marketing sector, so that I can innovate it. By putting more emphasis on the development of emotional intelligence in the advertising, the final outcome can be much more effective. Emotional intelligence will help companies to establish a better communication channel, by engaging the audience and getting its attention. Hult will offer me the necessary education concerning marketing, which will increase my chance to get a job in to the marketing branch. Moreover, the “Career Development” will allow me to structure my path towards the fashion industry. Last but not least, Hult offers the opportunity to study abroad, especially in London which is one of the most important and profitable business centre for the fashion...
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...For the exclusive use of Q. WEI2015. 9-699-012 REV: JULY 23, 2002 STEFAN THOMKE Innovation at 3M Corporation (A) On the evening of October 23, 1997, Rita Shor, senior product specialist at 3M, looked across the conference room at her team from the Medical-Surgical Markets Division. She wondered when to draw to close the intense ongoing debate on the nature of the team’s recommendations to the Health Care Unit’s senior management. A hand-picked group of talented individuals, the team had embarked on a new method for understanding customer needs called “Lead User Research.” But this initiative to introduce leading-edge market research methods into 3M’s legendary innovation process had now grown into a revolutionary series of recommendations that threatened to rip apart the division. While senior management wanted the “Lead User” team to execute a manageable project involving surgical draping material to protect surgery patients from infections, the team now wanted to rewrite the entire business unit’s strategy statement to also include more pro-active products or services that would permit the upstream containment of infectious agents such as germs. This went against the incrementalist approach that for so long had pervaded 3M. After all, as Mary Sonnack, division scientist and an internal 3M consultant on the new Lead User methodology, noted “3M gets so much revenue from incremental products . . . like a blue Post-it note instead of just a yellow one.” ...
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...Question 1 Introduction Louw and Venter (2010:20) explain that strategic management is concerned with the overall effectiveness and choice of direction in a dynamic, complex and ambiguous environment. The success of an organisation is mainly determined by the effectiveness and efficiency of its management. In the words of Peter Drucker, efficiency is concerned with ‘doing things right’, while effectiveness is concerned with ‘doing the right thing’. Strategic management is the deliberate effort to allocate resource and get above average returns through competitive advantage so that in the long run the organisation can generate wealth maximization for its stakeholders. There are a number of advantages of strategic management as stated by Pearce and Robinson (2009:10), it helps reduce resistance to change therefore getting buy in from all stakeholders is critically important. It also results in better decisions because it facilitates group interaction. Group based strategic decisions generate a variety of specialized input which involves all the different areas in the organisation and an in depth range of alternatives and makes it more likely that the best solutions will be chosen. Strategic management enhances the organisation’s ability to prevent problems. It creates a framework through which managers can encourage their staff to focus on planning, monitoring and evaluating the success of these plans. There are also disadvantages of strategic management as Pearce and Robinson...
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...• At 13, "Animal Farm" shaped my worldview. • At 16, "The Fountainhead" questioned my worldview. • At 21, "Zero to One" reaffirmed my worldview. • At 22, "Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future" gave me my first role model. • I am a voracious reader and love knowledge. • All I truly know in life is that I know nothing. • Growing up in Nicaragua showed me what real poverty looks like and the evil of collective thought. My father, for as long as I can remember, always brought me along to his business meetings and trips with American groups visiting all over Nicaragua. This made me, by the age of 7, more American than Nicaragua and far more knowledgeable than all my peers. By 13 I was working as an interpreter for said...
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...BANGLADESHFIN 621 (EXECUTIVE MBA PROGRAM) Finance & Economic Analysis Section E1Dr. Amitava ChatterjeeJune 30, 2016 | TEAM 7James JohnsonSarah KorpitaMichael McClureRandy Milton | | | | | | | Bangladesh’s Textile Industry Theoretically, free trade eliminates imposed governmental barriers to international trade. Expressively, free trade is a Pandora box of confusing issues addressing basic rights, international fiscal development, ecological principles and global employment formations (Chmielewski and Media, 2016). Chmielewski and Media (2016) implied that free trade was the best thing that could happen to Bangladesh’s textile industry. Free trade is an attempt to improve the international economy on the principle of “comparative advantage”. Bangladesh prospered by using their abundance of textile to trade for products that other countries have abundance. The main purpose of the “free trade” was to improve the global economy using the principle of “comparative advantage”. The shift to a free trade regime in the textile industry was good for Bangladesh’s employment and economic growth. Initially, textile products were exported through a preferential quota system from poor markets to rich markets but the shift accounted for lower labor cost, support from other industries, and increased business with western importers. Labor costs decreased to a level lower than China. Lower labor cost was due to low hourly wages and the use of technology. The use of technology...
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...Wal-Mart Stores Inc., popularly known as Wal-Mart is one of the world’s largest retailers. It operates a system of an efficient network of cross docking facilities which enables it to keep a minimal store inventory while simultaneously enabling more frequent supplies to the retail stores. This system is reliant on a sophisticated highway transportation system in the United States which allows Wal-Mart to accurately estimate arrival and departure times of delivery trucks at their cross-docking facilities nationwide, therefore giving them a smooth flow of inventory. When Wal-Mart expanded their operations into South America, it had to adapt its approach as it cross-docking system as it was experiencing difficulty in running logistic as infrastructures are as developed as that of the United States. Wal-Mart South America experience shows that operating supply chains internationally require that the firms are able to adapt their existing supply chain strategies in their home countries to the new environment or develop new strategies that are suitable for each country they expand to. Therefore, a successful entry into India by Wal-Mart is dependent on how well the country can execute the following steps. Understand your service supply chain i. Determine the needs of your customers and convey those needs down the supply chain ii. Obtain high quality suppliers iii. Maintain a competitive advantage by offering high value Understanding your service supply chain. The...
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...THE ROLE OF ENTREPRENEURIAL OREINTATION ON ENTREPRENEURIAL INNOVATIVENES: A CASE STUDY OF SMALL AND MEDIUM SCALE ENTREPRISE IN LAGOS STATE, NIGERIA BY FATOYE, MUSTAPHA OBI 08S04/046 BEING A RESEACH PROJECT SUMITTED TO THE DEPARMENT OF BUSNESS ADMINISTRATION, FACULTY OF SOCIAL AND MANAGEMENT SCIENCES, AJAYI CROWTHER UNIVERSITY, OYO IN PARTICAL FULFILMENT OF THE REQUIREMENTS FOR THE AWARD OF BARCHELOR OF SCIENCE (B.S.C) DEGREE IN BUSINESS ADMINISTARTION (MANAGEMENT OPTION) JULY, 2012 CERTIFICATION This is to certify that this project was written by FATOYE MUSTAPHA OBI (MARICULATION NUMBER 08S04/046) in partial fulfilment of the requirement for the award of bachelor of science (B.S.c) degree in business administration (management option) of the department of business administration, faculty of social and management sciences, Ajayi Crowther university, Oyo, Oyo State. MR. P.A Akanbi ....................... (Project supervisor) Date DR. O.E Ofoegbu ........................ (HOD, Business Administration) Date PROF. S.O. Akano ....................... (Dean, SMS) Date .............................. ........................ EXTERNAL EXAMINER Date DEDICATION This work is dedicated to God Almighty who generously gave me the strength, health and other resources to successfully accomplish this research. ACKNOWLEDGEMENTS This period of my life had been a period of trials and revelation but...
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