...reactions to a psychoanalyst: one group of people is drawn to them, hoping that the psychoanalyst or psychotherapist will bring salvation; the other avoids them fearing that such people can “see” through them. As a consultant when he start investigates an organization that is sick, the problem arises from the fact that behind every organization lays the shadow founder. When he go into an organization, he always looks at the dominant coalition and studies the personalities of the key players. He will find the “pain” both inside and outside the system – i:e double whammy. He mentions about how leadership styles differ according to culture in that country such as consensus style and more charismatic style in Anglo-Saxon and Latin countries and so on. The last point is the major challenges facing by organization now and in the future, the major concern is probably life balance. The pace may be stimulating but it also burns out these people very quickly. Another challenges mention by him, to do with the global dimension of organization. People need to become more “global-sensitive”....
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...almost 16,000 people are employed. Customer base of Henry Schein is more than 775,000, which are being served directly or indirectly by Team Schein Members. Henry Schein continuously for 12 consecutive years has been selected as a FORTUNE World’s Most Admired Companies, ranked as number 10 in the Barron’s 500, and was chosen to Ethisphere’s list of World’s Most Ethical Companies in 2012 and 2013. The company had achieved inspiring growth under the impressive leadership of Stanley Bergman and his executive team, several members of the team had been with Schein for decades. Besides impressive growth, small family-owned businesses are the backbone of the company’s growth the company heavily depends on small family-owned businesses, both inside the U.S., and out of the country. Bergman and his team spent a lot of their time on developing and sustaining culture stand on care and esteem and considered it, as a key competitive advantage for the success of the company. The principles behind Schein's culture and current challenges of sustaining the culture as the company continues to expand internationally are examined in a given case, also its object to be the first national distributor of dental supplies in China. Simultaneously, Schein was developing strategic alliances with its suppliers and distribution network to evolve from being primarily a logistics company to manufacture components with a value-added service to transform their business practice from a company with a prime focus...
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...Introduction: Management Accounting: Management accounting is the commonsense study of quality creation inside associations in both the private and open segments. It joins accounting, finance and management with the leading edge methods required to drive fruitful organizations. Management accountants work in budgetary and non money related parts all around associations and complete all their preparation and experience prerequisites inside business itself, furnishing them with an one of a kind understanding into how their associations work. [ (CIMA, 2009) ] Supply chain management Supply chain management (SCM) is the oversight of materials, information, and finances as they move in a procedure from supplier to producer to wholesaler to retailer to customer. Supply chain management includes arranging and combining these flows both inside and around organizations. It is said that a definitive objective of any viable supply chain management framework is to decrease inventory (with the presumption that products are accessible when required). As an answer for fruitful supply chain management, refined software frameworks with Web interfaces are rivaling Web based Application Service Providers (ASP) who guarantee to furnish part or the sum of the SCM administration for organizations who rent their administration. Supply chain management flows might be separated into three primary flows: * the product flow * the information flow * the finances flow The product flow...
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...The Challenges of Leadership Desire, determination, effectiveness, passion, management skills, being able to inspire, positive attitude, knowing who you are, what to do or not; these are all characteristics of a leader . “Leadership is a process by which a person influences others to accomplish an objective and directs the organization in a way that makes it more cohesive and coherent.” (Concept of Leadership, 2010). In this 21st century world we are living in and with all the complex changes happening and the many ways businesses are being conducted and operated, leadership skills are definitely needed but are becoming more and more challenging to obtain because leadership is a process which is put in place in order to influence a group of individuals to achieve a common goal. This is achieved by pertaining leadership, knowledge and skills. In the paragraphs that will follow, we will touch base on the leadership challenges of today, what it takes to be a good leader in today’s world and the importance of being a good leader in order to have a blooming business. First, there are four key factors of leadership: leader, followers, communication and situation. “Leader: entails knowing and having a clear understanding of the type of person that you are, your knowledge, and what you are able to do. Followers; we each have and require different types of leadership which is why it is imperative to have a good understanding of the human nature, such as needs, emotions, motivation...
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... 3.1 Building Relationship 3.2 Time Efficient 3 3.3 Cost 3. EXTERNAL LEADERS 4.4 Building Relationship 4.5 Time Efficient 4 4.6 Cost 4. CONCLUSION 5 REFERENCES 6 Summary This article contains the brief introduction of internal and external leaderships. Moreover, author stated some circumstances that which would be recommended internal versus external leaders to the organization. The circumstances are building relationship, time efficient and cost. From there, author analyses by providing some facts and information of how internal and external leaders impact to the organization. 1. INTRODUCTION Change leadership is necessary for an organisation to create the responsiveness and work at a high level of creativity in the entire organisation, which can be changed from internal or external leaders. It is not about the “who”, but it is all about the “how”. This article, author will analyse the issue of whether change leaders should be internal or external to the organisation. Indeed, there are some circumstances will be determined whether internal or external leadership would be recommended in an organisation. 2. INTERNAL LEADERS Internal leaders are the members of the organisation who may perform the organisation development role, or even combine it with other tasks. They have expertise, but it is valued differently as an organisation insider. There are some circumstances to consider if...
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...Challenges for developing leaders for the future Author: Alok Bhardwaj Affiliation: IBS Ahmedabad Ph no :9426222681 Email id :13alok.bhardwaj@ibsindia.org Niyati Patel Affiliation: IBS Ahmedabad Ph no :9408532152 Email id :13niyati.patel @ibsindia.org Prof. Pankaj M Madhani Faculty ( Finance and Strategy) IBS Business School, IBS House, Opp. AUDA Lake Science City Road, Off. S.G. Road, Ahmedabad – 380 060, India Tel : +91-79-654 30148, 654 30149, Mobile : + 91-9662122075 Email : pankaj@ibsindia.org Leaders will have to be multilingual, flexible, internationally mobile and adaptable. But, most crucial of all, they must be highly collaborative and have strong conceptual and strategic thinking skills. The real thing leaders do is create environments that drive performance. Leaders engage and enable people. Leaders of the future will need to be adept conceptual and strategic thinkers, have deep integrity and intellectual openness, find new ways to create loyalty, lead increasingly diverse and independent teams over which they may not always have direct authority, and relinquish their own power in favor of collaborative approaches inside and outside the organization. It's that simple, but it requires a shift of focus from solely outcomes, production numbers, and revenues to motivating people so they're passionate about helping the company achieve its goals. There are six challenges which the research paper focuses , that leaders...
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...Management Challenges With Ms. Yiling Ge of Donghua University CIP Team members: Ingrid Chan Yasmine Bifout Cem Sen Sven Stanko Contents page Abstract……………………………………………………………………………….3 Introduction…………………………………………………………………………..4 Background………………………………………………………………………..4-5 Literature Review………………………………………………………………….5-7 Aims…………………………………………………………………………………..7 Methodology…………………………………………………………………………7 Discussion and conclusion……………………………………………………….7-8 Findings………………………………………………………………………………9 Recommendations..…………………………………………………………………9 References………………………………………………………………………....10 Appendices…………………………………………………………………………10 Abstract Although management is a core part of any modern business, it would seem as if it is a concept that is easier to say than do. It requires developing a perfect formula of experience, expertise and leadership. Due to its importance to company’s effectiveness and efficiency, researchers have developed theories regarding different types of management style. Nowadays, as globalization rises, managers are challenged with management challenges. Therefore, managers should adjust their management style with the current challenges they are facing. This report will look through the real case of a manager of an education organization in facing the management challenges. In addition, the report will also cover the approach she uses to overcome these challenges in today’s globalized and diverse world. Introduction Ever since...
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...Leadership Traits Most Valued Across Sectors A Research Paper Patrick Jinks University of Richmond October, 2008 Introduction: Leadership is a topic as broad as education or health care. Books, articles, workshops, lectures, and keynote speeches abound – not only in the area of business, but across sectors that include government, civic, academic, and charitable organizations. Leadership topics are limitless, as evidenced by the vast expanse of information available in bookstores, libraries, blogs, and corporate leadership schools. For the purposes of this paper, the focus is on the highest-profile trends embraced by thought leaders in the leadership arena. Specifically, this work centers on the similarities – and differences – in the way the different major sectors view and define the important competencies of their leaders. Questions prompting this research include the following: 1. What are the most valued concepts delivered in training sessions to leaders of non-profits versus leaders in the military? 2. How do governmental nuances determine the areas in which leaders must excel? 3. Do leaders in different types of business view the concepts of leadership differently, or do the trends relate to the same basic tenets? 4. Is the area of ethics limited to Fortune 500 CEOs or non-profit directors? The following outlines the key principles that appear to be the most valued leadership concepts and the most significant concepts imparted to each sector’s...
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...patients will not heal them; our current practices could actually cause more harm. Healing Hospitals are now surfacing around the country with the concept supporting a culture of caring. This does not mean that technology has been pushed aside; a Healing Hospital incorporates technology as well as the whole patient, body, mind and spirit. To understand the concepts of a Healing Hospital, we can examine the work of Erie Chapman, founding president and chief executive officer of the Baptist Healing Trust in Nashville, Tennessee. On October 1, 1998, Chapman took the reins of The Baptist Hospital System and unbeknownst to him, many financial and emotional challenges would be awaiting. He defines them as tornados, one being an actual tornado causing structural damage to the hospital earlier that year and the other being an inside (corporation) financial tornado. The latter would be more challenging for him, leading a company that is $83 million dollars worse off than what he was told (Chapman, 2007). His first step was to develop a mission and value statement for the...
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...bachelor’s degree in business. I am married and have a beautiful daughter. Outside of work and family time, I enjoy hunting, fishing, and traveling. When I was approached to take this position, I had four primary interests: this industry, working for a company with a compelling vision, capitalizing on great capabilities, and working with great people. Stan Slap once said, “You can’t sell it outside if you can’t sell it inside.” As I stand before you, these words ring more true when in a leadership role. What is leader? What does it mean to be in the leadership role? Leaders embody those innate qualities that are hard to define and even harder to create parameters for. Leadership does embody being principled, leading by example, and inspiring people to be the best they can be- to be the best for the world. Leaders need to inspire people to take action, to move towards a common goal or vision, and to do to willingly. At any company or organization, challenges and obstacles are continuously presenting themselves. But, how we view them, how we handle them defines us. Do we see them as stepping-stones to where we need to be or obstacles that are holding us back? If we see them as obstacles, then challenges that present themselves will be problems. However, at our company, we see the challenges as stepping-stones and opportunities for us to learn from or “step-on” to achieve greater goals. One challenge that comes to mind when being part of a company or organization is creating...
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...February 05, 2013 Strategy from the Outside In: Profiting from Customer Value Write-Up - Part II I. Introduction In Strategy from the Outside In: Profiting from Customer Value, George S. Day and Christine Moorman use research to determine business strategies that separate successful from unsuccessful firms. This write-up shall have a section, titled § II. Brief Summary, which outlines each chapter in Chapters 7 through 13, including the conclusion. This write-up shall also have a section, titled III. Application, which shall apply the material from § II. Brief Summary to a firm (hereinafter "Firm A") with which I worked as a business consultant. Firm A is a multi-national holding company that specializes in acquiring, supporting, and growing its subsidiary companies through accelerated organic growth as well as through acquisitions and/or strategic joint ventures and divestitures. II. Brief Summary Chapter 7. The Third Imperative: Capitalize on the Customer as an Asset For a firm, the profitability of the customer asset - the sum of the discounted long-term profits associated with the customer's purchases and referrals - is based on three principles. First, that a firm must distinguish between behavioral loyalty – the frequency of customer purchases from a firm when a need arises – and attitudinal loyalty – an attachment to the firm and/or its specific products or services. Second, that a firm must manage customers to engage in behaviors that directly...
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...on the brink of a Leadership Crisis? Daily news has been flooded with high profile CEO exits from large companies. While some of these exits were planned, most of the CEO turnover is abrupt, attributed to unsatisfactory company performance. Hyper competition and shareholders increasing focus on short term gains have made the CEO job tougher than ever before, CEO turnover is on a rise globally. A leader influences company culture and impacts the organizations strategic constituencies that lead to better or worse business performance. Hence, it is strategically important to choose the most competent leader. Companies must have a leadership pipeline in place that is ready and competent to take over the reins when incumbent leaders step down, voluntarily or involuntarily. Insider vs. Outsider? Both insiders and outsiders have strengths and weaknesses. While more firms look outside for hiring CEO’s, research suggests a strong positive correlation between business success and inside leaders. Insiders have strong business knowledge and industry expertise while outsiders bring in fresh perspectives. Leadership skills require an ability to leverage core competencies and develop internal capabilities. To do that, extensive inside knowledge is a prerequisite along with a greater awareness to the operating environment. The goal for businesses then is to develop inside-outsiders. Inside leaders groomed to look at organizations from an outside viewpoint. Inside-outsiders are quick...
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...HBR.ORG Managing Yourself January–February 2013 reprinT R1301L Strategic Leadership: The Essential Skills by Paul J.H. Schoemaker, Steve Krupp, and Samantha Howland For article reprints call 800-988-0886 or 617-783-7500, or visit hbr.org Managing yourself Strategic Leadership: The Essential Skills by Paul J.H. Schoemaker, Steve Krupp, and Samantha Howland Illustration: Kelly Blair T he storied British banker and financier Nathan Rothschild noted that great fortunes are made when cannonballs fall in the harbor, not when violins play in the ballroom. Rothschild understood that the more unpredictable the environment, the greater the opportunity—if you have the leadership skills to capitalize on it. Through research at the Wharton School and at our consulting firm involving more than 20,000 executives to date, we have identified six skills that, when mastered and used in concert, allow leaders to think strategically and navigate the unknown effectively: the abilities to anticipate, challenge, interpret, decide, align, and learn. Each has received attention in the leadership literature, but usually in isolation and seldom in the special context of high stakes and deep uncertainty that can make or break both companies and careers. This article describes the six skills in detail. An adaptive strategic leader—someone who is both resolute and flexible, persistent in the face of setbacks but also able to react strategi- Copyright...
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...We cut a path across the steep slope. Weary and out of breath, my friends and I climbed towards the ridgeline, pushed by the thought that as soon as we reached the top, the expanse of the Wind River Range would unfold out before us – a rugged and pristine landscape of teal blue skies, puffy white clouds, rolling valleys, and jagged peaks, still dotted with snow, looming on the horizon. But, upon reaching the top, I was confronted by a wall of dark gray lumbering towards us at an alarming pace as it belched curtains of rain. The virginal Wyoming landscape had turned on us. What began as an ordinary hike suddenly became a nightmare. It was my fault. I enrolled in the National Outdoor Leadership School (NOLS) in 2015, trading New York City for...
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...Acer group employs around 6000 people worldwide and revenues for 2012 reached nearly US$ 18 billion, it was founded in 1976 with $25.000 capital and 11 employees Since its founding in 1976, Acer has constantly pursued the goal of breaking the barriers between people and technology. Focusing on marketing its brand-name IT products around the globe, Acer ranks as the world's No. 3 vendor for total PCs and No. 2 for notebooks, with the fastest growth among the top-five players. A profitable and sustainable Channel Business Model is instrumental and fundamental for Acer's continued growth, while the successful mergers of Gateway and Packard Bell complete the company's global footprint by strengthening its presence in the U.S. and emerging markets Acer philosophy is to deliver better performances at lower price than the competition, there are able to manage it thanks to their size (e.g. large buying power, strategic partnerships with key partners like Intel, Microsoft or Amd) and their willingness to compromise on certain aspects of their products, this to meet the customer demands for cost-effective performance. Acer Channel Excellence (ACE) Program, is a new channel partner initiative that was born with the aim to deliver enhanced tools and offers for best-in-class value-added resellers (VARs). The next phase in Acer’s continued commitment to its channel partners, the ACE Program ensures successful sales and support of Acer products for qualified authorized resellers with...
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