...Workplace Communication Assessment Kenneth Bradberry Jack Welch Management Institute Professor Ardith Bowman JWI 505 October 26, 2014 Abstract Communications in a large company can be a challenge, especially when you have a very diverse organization with several business groups and leaders with different missions and values that drive their respective businesses. In order for any large company to maintain a competitive position, innovation is a critical practice that all business groups across the company must participate in and contribute ideas and resources. As a leader in the innovation team, my responsibility focuses on the communication and delivery of innovation tools and concepts that align with the overall company’s strategy as well as the respective business groups. I recently had to issue a communication to several of the business groups on a research initiative that could potentially create a very profitable business for my company and enter into a new market. When I was putting together my thoughts to create a communication to the executive leadership and the F&A group within the company, I had to pull from several different business and technical areas. Introduction Some of these areas I’m considered a subject matter expert, some I’m not, but I had to assemble a paper that addressed the all the elements of the opportunity and created a solid business and technical case for the company to invest a substantial amount of money to support...
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...into a risk management plan. In addition, it will discuss the recommendation of three areas that as the new CEO of XYZ global financial services firm needs to focus and apply to influence the values of the firm and prevent a future crisis by creating a culture of candor, trust, and learning. Introduction Values are beliefs that people have about what is important or worthwhile to them. Values influence behavior because people seek more of what they value. As U.S. Supreme Court Justice Potter Stewart concluded, “There is a difference between what you have a right to do, and what is right to do.” (JWMI 505, Wk 8, Lecture 1). Values therefore can be seen as the guideposts for behavior. As opposed to rules, which are always transmitted from the top down, values should be developed in a more participative way. (JWMI 505, Wk 8, Lecture 1). An individual’s values are in large part, derived from the social environment in which he or she lives. For example, in Western democracies, life, liberty and the pursuit of happiness are some of the things we value. Sharing a common...
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...1991 and became a publicly traded company in 2000 (Funding Universe, 2013). During its first few years, its products were specialized for aircraft and boats. It finally launched its first automotive product in 1997, and in the early 2000s began working on cellular and handheld GPS devices (Funding Universe, 2013). The company’s mission, vision and values all intertwine to be a futuristic company full of innovation and top-notch customer service for all their segments of automotive, aviation, marine, outdoor and sports divisions (Funding Universe, 2013). Garmin’s Balance Sheet Analysis The balance sheet is the core of a company’s financial health and reveals the company’s assets, or what it owns, and its liabilities, or what it owes (JWMI, 2013). Examining Garmin’s balance sheet reveals that the company grew dramatically between 2005 and 2007, and then became more stable between 2008 and 2012. Given the current economy, Garmin’s cash and equivalents grew dramatically between 2006 and 2007 from 337M to 708M, and again between 2008 and 2009 from 696M to 1.09B. In 2004, Garmin had a mere 250M in cash and equivalents and in 2012 it ended the year with 1.23B in cash equivalents. In general, its total current assets almost double between 2005 to 2006 from 801M to 1.17B, and again between 2006 and 2007 from 1.17 B to 2.33B. Since then, its assets dropped in 2008 to 1.98B and has since been steady at about 2.5B with a close in 2012 of 2.54B (WikiInvest, 2013). Considering this data...
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...Assignment 2: FedEx Strategic Options and Opportunities Anthony Anderson JWI 540: Strategy Dr. John Dorociak 8/3/2014 Executive Summary This paper will provide discussion and analysis concerning various strategic options and opportunities as they relate to the FedEx Corporation (FDX) in their current industry market. Competition will be assessed to create an understanding of the current landscape of the industry from the perspective of traditional, potential, and oblique competitors in FDX’s current industry. FDX will then be analyzed utilizing the SWOT model that will be utilized to identify three strategic options in the current market that will foster corporate growth in the future. Once identified, each strategic option will be evaluated via three criteria based on three simple questions as follows: Is it big? Is it us? Is it time? After this evaluation is complete there will be one strategic option selected that best meets the selection criteria in totality. FedEx Corporation: The Competition Competition in the transportation market is intense both domestically and globally and is the heart of every organizations strategy within this industry. Freight and courier services are at a high demand throughout the world due to growing distribution channels, technology, and a marked increase in demand. Market volume and value are...
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...JWI 530: Financial Management I Academic Submissions and Evaluations Assignment 2: Management Accounting Application Due Week 10, Day 7 (Weight: 22.5%) In this assignment you will demonstrate your understanding of capital investment techniques by evaluating the following three case studies. The homework answers and all this homework help was offered at and you should not submit or make it your own. We provide homework answers at http://allhomeworktutors.com/ and the work may have already be submitted for marking. Case Analysis 1 – Weight 20% of total assignment You work for a small, local telecommunications company. In five years, the company plans to undertake a major upgrade to its servers and other IT infrastructure. Management estimates that it will need up to $450,000 to cover all related costs; however, as a fairly young company, the goal is to pay for the upgrade with cash and not to take out loans. Right now, you have $300,000 in a bank account established for Capital Investments. This account pays 6% interest, compounded annually. A member of the finance department has approached you with an investment opportunity for the $300,000 that covers a five-year period and has the following projected after-tax cash flows: |Year |Projected Cash | | |Flow | | | | |1 |$94,000 | | | ...
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...STRATEGY IKEA Case Study JWI 540, Assessment 1: Strategy Professor: Dr. D 7/21/2013 Muhammad Akmal Khan Key Issues: IKEA was founded by Ingvar Kampard in Sweden in 1943. From a humble local shop of basic household good, the company rose to its height. By 2002, the company was world’s largest retailer in furniture business. It had the sale volume of about $12 billion. Operating 154 stores in 22 countries, the company was serving 286 million customers a year. The company undoubtedly owed the epic success to the dynamic leadership of its founder. Kampard’s focus was to supply low priced goods to the customers, as against other outlets operating individually, but was fairly expensive. The people needed inexpensive items for home furnishing. Kampard saw the opportunity ideal to offer good design products at low price meeting the need of majority of the population. He met resistance from his competitors by one mode or the other but overcame it by wisely dealing it. The company owned small and independent manufacturers of furniture to buy the stuff. Such purchases were low cost thereby benefiting the company and customers. An outlet opened in Stockholm in 1965 was built on a very large area located in the outskirts of the city it had ample space for car parking. The customers liked it as they were in the habits of coming in their cards. The showroom was self serviced. The sale items boar explanatory tickets while on display. The catalogues containing the information about...
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...Garmin Ltd became a public company and is currently trading on the NASDAQ (GRMN). The company’s success is contributed by the quality of material and products that they deal with as well as its mission to enhance people’s lives through manufacturing of useful products by using this complex technology called GPS. This way the customer’s daily lives become less complicated and improved. Garmin also has a proven track record of solid revenue and earnings per share growth (www.forbes.com/garmin). Balance Sheet Analysis: The balance sheet ratios for Garmin for different years test the company’s liquidity and financial strength. “The smart business analyst comes to the balance sheet first to gauge the overall health of the company” (JWMI 530, Week Three, Lecture One). Garmin’s balance sheet represents the snapshot of its financial position on the last day of the year. (Brigham & Ehrhardt, 2011). Garmin seems to have a very strong balance sheet due to the company having zero long term and short term debt and plenty of cash. With, $1.27 billion dollars in cash (Garmin, 2012), approximately 20% of the company’s market cap consist of cash. This measurement is very important when determining a company's financial health. Garmin has a current ratio of 2.8, which tells us they are efficient on their operating cycles and/or have the ability to turn its products into cash (www.investopedia.com). A clear indication,...
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...Abstract Failing to communicate and collaborate in crisis or emergency situation will undoubtedly increase the vulnerability of an organization toward potential crisis. This paper highlights the significance of effective communication and collaboration at different levels in the event of or during a crisis. This is a case of a cyberattack against Sony Pictures Entertainment once on December 3, 2014 and another attach on December 8, 2014 was considered for the purpose of this research. These cyberattack shows how techniques are not just a strategic weapon to bring down societies or to terrorize societies. But it shows that attackers are getting increasingly comfortable with using cyberattacks and can quite easily gain access to consumer personal information, business information, and employee information and can bring a company to its knees. The recent attacks not only on Sony but also Home Depot, Target and others are raising concerns. What needs to be done? The attacks are becoming more frequent, more invasive and the attackers are being bold. Should there be collaboration between businesses to combat the rising issues? Will this change the way that others businesses work together? What role does the government have in protecting citizens and their right to privacy especially from foreign attackers? These issues are significant as they underline the element of crisis communication and collaboration. Introduction In the face of increasing business demands for...
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...Chattanooga Ice Cream Division Case Study Team Members and Contact Information: Name Preferred Email Phone Number Time Zone Team Values Commitment Productiveness Respect for all team members Support Be Proactive Trust Team Expectations * Commitment: Attend all meetings. In case of an emergency notify team promptly. * Complete all assignments, by assigned date. If this cannot be completed, please notify the team leader. * Respect: For each other’s opinions and individual style * Proactively: Clear and effective communication on the front end will limit confusion on the back end * Productivity: Complete all assignments on or before assigned date. Be realistic and aware if you get behind and notify the team leader. * Support: Be there for each other and help each other. We will succeed only as a team. * Trust: Be open. Be honest. Be candid. Be accountable. Team Assessment (Strengths / Weaknesses): y: DiSC (ID Influencer and Dominant) and TKI (Collaborating, Competing) (Thomas-Kilmann, 1974,2002,2007) * Strength – My strength is the ability to dissect and analyze critical KPI’s. My other strength is my ability to motivate other through collaborative team work and able to drive results. * Weakness – Through my dominant side I can come off as too pushy. Sometimes I’m not a great listener because of the fact that I have my blinders on. My dominant side has exceled me to achieve my accomplishments however it can be...
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...Leaders Never Quit Pedro Smith Jack Welch Management Institute Dr. Denis Tocci JWI 510: Leadership in the 21st Century 7/26/2015 Abstract In today’s world, leadership have many shapes, colors, and forms to the way it’s applied. Throughout time, researchers have explored different methodologies on ways leaders perform. Daniel Goleman’s (2000) uses a format of six different styles that are interchangeable depending upon the climate. Others direct one towards qualities and emotional behaviors to get effective results. Whether it’s a style, quality, or emotional behavior, these methods have confirmed success in professional and personal atmospheres, analyzing strengths and weaknesses forms new ideas and approaches towards future leadership endeavors. I have reviewed some of my past experiences and applied Jack Welch’s principles and rules, concluding ways to handle situations implementing my leadership style, quality, and emotional behavior. The question now is “What works for you?” Keywords: styles, qualities, emotional behaviors Introduction What is a leader and how does he or she lead to fulfil a goal? This question is what researchers have been trying to discover for decades. There’s no one answer to identify how a leader achieves success. They consist of many attributes that differ between individuals. One leadership style can be motivating while another can consist of a bull that wants things done one way. Though they are so opposite both can have successful ending results...
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...Team Dysfunction There are many reasons that this team is dysfunctional. Assessing Charles Moore’s leadership using Jack Welch’s eight essential rules makes be believe the first issue with this team is leadership. Charles was brought in to improve the division’s performance as it had been declining or several years. However, his leadership approach has not been successful and there is no indication that he intends to ake another approach. The issues that became apparent after reading this case was that the team does not trust Moore, let alone each other. There seems to be no candor or transparency. In addition, a leader spreads optimism and positive energy; this was missing in the meeting. His preference for group-based decisions makes me think that would not be able to make a quick decision without consulting others. He seems incapable of making a gut call and taking risks with is another action that a leader must be able to take. To lead a team like this the focus of the leader has to shift to relationships and developing team members. Moore has to be able to support this team and move away from managing a team and begin leading the team. Moore also has to be able to motivate and align people his team, which is crucial in getting a team and to buy-in to a strategy. Some of Moore’s actions, such as ignoring the conflict within the team, have been detrimental to establishing himself as a competent leader. Assessing the team as a whole, there is also the absence of trust...
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...My Leadership Profile Deepak Lal Jack Welch Management Institute Dr. Jamie Chesler JWI 510: Leading in the 21st Century April 24, 2016 Executive Summary All leadership styles are unique and executed via a well-thought out process. This paper reviews the leadership and managerial opportunities I have had in my recent work experiences. The experiences mentioned in this paper range from my first work engagement to the current role I am assigned as a Senior Financial Analyst. There are examples which explain the aspects that have impacted my leadership skills. This paper also examines the possibilities of inventing a unique leadership style that will align with Jack Welch's four principles and eight Rules. Furthermore, it provides the recommendations that will help develop my existing strengths based on my previous challenges as a leader and based on the DiSC Assessment. Finally, this paper will outline plans which could help lower the risk of team dysfunction and provide a means to measure the rate of growth. Support will be included from the weekly readings, including Jack Welch's (2005) book, "Winning", my "DiSC Assessment Profile" (2016), "The Five Dysfunctions of the Team" by Lencioni (2002) and other suggested readings. Introduction I want to begin with a question: How could I have done things differently that could help my company win? Welch (2005) reasons that when companies win, people thrive and grow, which opens up opportunities for more jobs and resources...
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...for Module 2 under the “Course Content” tab. When is the Management DiSC® Style Assessment due? Day 5 of Module 2 3. Locate the assignment folder for submitting the Management DiSC® Style Presentation in Module 4. What is the name of the folder? Presentation 4. Locate the Faculty Contact Information under the “Course Content” tab. What is the primary email address for your instructor? 5. Log-in to your Chancellor University student email account and send your instructor an introductory email stating one expectation you have for this course. Done 6. Locate the Readings assigned in Module 8 and copy/paste the link for the “AES Global Values” case below: (Hint: right-click on the link and “copy shortcut”) http://www.chancelloru.edu/JWMI/courses/062011/MBA_6110/HBR/AES_global_values.html 7. Log-in to the Chancellor Library (You will need your student ID number to log-in. If you don’t know your student ID number, please contact your advisor). Use Business Source Complete database to find a full text article related to effective business communications and list the APA reference below: (Hint: there is a tool in the library that will create APA citations for you) Thorley, G. (2008). EXPERT VIEW: Effective communication. Corporate Adviser, 22. Retrieved from EBSCOhost. 8. Locate the Helpful ANGEL Guides folder in the Graduate Student Resources folder under the “Course Content” tab. What are the titles of the tutorials available for you to view? Student QuickStart Guide, Sample...
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...New Direction for Chattanooga Ice Cream Clint A. Stockton Jack Welch Management Institute Dr. Denis Tocci JWMI 510 11/16/2013 Chattanooga Ice Cream Case The Chattanooga Ice Cream case shows a decline in sales for 5 consecutive years. The Division is headed by Charles Moore. Although Charles Moore was successful in leading teams he seemed to have major issues with this team of vice presidents. According to the Harvard Business Review Chattanooga Ice Cream Case the team was very dysfunctional; they exhibited a lack of trust, high in conflict, disrespectful of each other and exhibited avoidance issues with accountability. Team members seemed to always lay blame to other member. Moore needs to be more assertive in dismissing the ways of the past and the loss of Stay & Shop business needs to be put aside. Moore needs to give clear direction and assign responsibilities to each team member. Moore needs to convey that team cohesiveness is a must and this will go a long way to help ensure no further loss of business. This paper will examine how Moore’s leadership approach contributed to the teams’ dysfunction, discuss what the group of employees themselves could do to better understand the perspectives of each other and their boss as well as make recommendations about Moore should do now to help his team work together and manage conflicts more effectively. Charlie’s Leadership Style In assessing where Charlie Moore goes wrong, it’s important to look at his...
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...Jack Welch Management Institute's MBA program “Develop success from failures. Discouragement and failure are two of the surest stepping stones to success.” Quotes, from Dale Carnegie, gives failure a new dimension to people in distress to look up to fulfills their dreams despite the many roadblocks in front of them. When one surpass their past failure and learn from them. They begin to pursue the dreams relentlessly; therefore, the dreams do become inevitable and accessible. I have also taken inspiration from these brave words and feel one can achieve anything if one pursues it with diligence and perseverance and I have set my heart on obtaining my Masters of Business Administration JWMI, from one of the most reputed universities of the world. Furthermore, I have concluded that studying at your esteemed university will definitely be the catalyst in putting me on the road to success. Studying at the Jack Welch Management Institute will give me much needed experience to interact with people from different occupations and nationalities. This will equip me well in the ability to interact with a vast growing society of many nationalities, which is a necessity in any type of work place. My father, an Entrepreneur and a laborer, has inspired me to work hard in order to succeed also to achieve the very best education available. This is the reason that both my parents have been supportive of my Education and aspirations to study Business and qualify myself appropriately....
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