...Great leaders are not born, they are made. There are many personal and professional qualities that come together to create a leader with great skills. While a person may not be naturally endowed with all of the leadership skills needed to be a great leader, they can be learned. A starting point to evaluate one’s leadership skill level is to take a personal inventory of your current leadership skills. Based upon the information provided from your inventory, you can identify areas where additional learning is needed. The mark of any good leader is having the ability to acknowledge that they do not know everything and that they have room to grow and improve. My personal inventory of leadership skills and competencies, obtained through the completion of a leadership skills quiz, resulted in a score of 76 out of 90. The results of the quiz were broken down into three major leadership components. They were personal characteristics, emotional...
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...1 of 16 Gain insight into your leadership skills. Learn what areas you can improve to become a more effective transformational leader. Increase your impact with self, others, teams, and organizations. Name of Participant: Sample Tester Date of Assessment: 2011-09-30 by Terry D. Anderson, Ph.D., with Ken Keis, M.B.A. Published by Consulting Resource Group Canada: PO Box 418 Main, Abbotsford, BC V2T 6Z7 * USA: PO Box 8000 PMB 386, Sumas WA, 98295-8000 Website: www.crgleader.com © 1990-2011, CRG Consulting Resource Group International, Inc. All rights reserved. This material is protected by law and may not be reproduced in any form. Printed from http://www.crgleader.com 2 of 16 Online Leadership Skills Inventory - Self (LSI-S) © 1990-2011 Consulting Resource Group Professional Development and Planning Section Why Become a Transforming Leader? Skilled Leaders are critical to the success level of any venture, both profit and non-profit. This was validated in the research Jim Collins and his team conducted for his book, Good to Great. They confirmed that the most successful organizations had skilled Transforming Leaders at the helm. (Jim Collins called them Level 5 Leaders.) Our research, however, has shown that fewer than 1 in 10 professionals (as observed in video-taped assessment sessions) have competency in the whole range of skills to Level 4 competency (scores of 7 to 8). And even fewer individuals have the abilities—Level 5 competency, scores of 9...
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...NU300: Unit 3: Assignment Leadership Inventory Directions In the table below complete the two areas: 1. In the “Definition” column you will define each of the five Leadership Characteristics (in your own words). Support your definitions with examples from your life. 2. In the “Analysis” column you will analyze if each of the five Leadership Characteristics a. are appropriate; b. should be removed from the list; c. or, new characteristics added to reflect a more accurate illustration of professional nursing leadership skills necessary to provide safe, effective nursing care in today’s healthcare environment. Please provide examples or rationales to support your analysis. NAME: COURSE-SECTION: DATE: Leadership Characteristics | Definition (in your own words) | Analysis | Empowerment | Empowerment is helping to enable and motivate others by allowing them to have some autonomy and responsibility over their choices. | Empowerment is an appropriate leadership characteristic for nurses. Being a nurse has several different roles and obligations. As a nurse, you work to empower your patients and help them to make the best choices for their particular situation and you also work to empower your fellow nurses and co-workers. By providing information and resources, you help others to feel part of the group and improve outcomes. Empowerment can also help others to feel as though they...
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...Authority: 10 point Veteran preference Federal Experience: Yes, United States Air Force Logistic Service Technician for Inventory Management Clearance: Secret Security Clearance (Inactive) Objective To obtain a full time position in public service with Defense Contract Management Agency as Supply Management Specialist for job announcement number SWH89Y141405261194735D Education University of Phoenix [2011-2014] Currently attending the University of Phoenix to obtain a Bachelors degree in Business Management. Skills Focused and highly motivated Logistic Inventory Management Specialist professional, with 9 + years of extensive experience in medical, dental, surgical, environmental management, distribution, engineering, and other miscellaneous Logistic Inventory Management duties. Utilizing my background in Logistic Inventory Management, coordinating, purchasing, distributing, and receiving supplies to develop comprehensive programs based on the mission of the agency. Deploying Inventory Management based solutions and maximizing our stock levels for budgeting requirements. I’m an innovative and energetic team player, relationship builder, and highly effective communicator. * As Inventory Management Specialist I trained a staff of 10+ internal and external personnel on analyzing stock levels. This led to a 70% reduction in Inventory violations and improved the overall atmosphere in the United States Air Force. * Develop and created a purchasing...
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...Cost Leadership and Differentiation Strategies @Walmart Submitted by: Samrat Basu INDEX PAGE Walmart Origin Page-3 Walmart Mission/Vision Page-4 Corporate Culture@ Walmart Page-4 Competitive Position of Walmart Page 5-6 Strategies @ Walmart Page 6-9 Private Label and Store Layout Page 9-11 Conclusion Page-11 Appendix Page 12 References and Bibliography Page 13-14 Wal-Mart- Origin Wal-Mart was the product of Sam Walton, a businessman from Arkansas. In the late 1940s, in USA, a retailer who was successful in obtaining a sufficient discount for his products from the whole-seller, used to sell the products at full price to the customers and thus enjoyed a substantial amount of profit. Sam Walton during that time was working as a retailer at a J.C. Penney store in Des Moines, Iowa.(Walton & Huey, 1993) Incidentally while working there, he was introduced to Butler Brothers, a big retailer who had chains of variety stores known as Ben Franklin and Sam was offered...
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...Cost Leadership and Differentiation Strategies @Walmart Submitted by: Samrat Basu INDEX PAGE Walmart Origin Page-3 Walmart Mission/Vision Page-4 Corporate Culture@ Walmart Page-4 Competitive Position of Walmart Page 5-6 Strategies @ Walmart Page 6-9 Private Label and Store Layout Page 9-11 Conclusion Page-11 Appendix Page 12 References and Bibliography Page 13-14 Wal-Mart- Origin Wal-Mart was the product of Sam Walton, a businessman from Arkansas. In the late 1940s, in USA, a retailer who was successful in obtaining a sufficient discount for his products from the whole-seller, used to sell the products at full price to the customers and thus enjoyed a substantial amount of profit. Sam Walton during that time was working as a retailer at a J.C. Penney store in Des Moines, Iowa.(Walton & Huey, 1993) Incidentally while working there, he was introduced to Butler Brothers, a big retailer who had chains of variety stores known as Ben Franklin and Sam was offered...
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...Adam Gowin 10/29 Questions for discussion and Review 3.2) Q: Discuss the cost leadership, differentiation, and focus strategies. A: Cost leadership: describes a way to establish the competitive advantage. Differentiation: undertake to set its products, services and brands apart from those of its competitors. Focus: concentrates its resources on entering or expanding in a narrow market or industry segment. 3.4) Q: What are the 3 key components of a balance sheet? A: assets, liabilities and owner’s equity 3.6) Q: Discuss how logistics decisions affect net profit margin in an organization. A: They are affected by sales, costs of goods sold, and total expenses. 3.8) Q: Discuss some of the ways that inventory costs can be reduced in order to affect an organization’s financial performance. A: Reduce inventory, inventory carry cost, inventory turnover, and information availability. 3.10) Q: How does logistics strategy connect to overall corporate strategy? Is it a one-way or two-way connections? A: Saves money, customer satisfaction, turnover, and inventory. It is a two-way connection. 3.12) Q: Most managers believe that while it is possible to connect logistics decisions to costs, the connection to revenue enhancement is difficult to impossible. Do you agree or disagree? Why? A: I agree. There are always unknown factors such as availability of product, logistics in general, customer satisfaction as well revenue streams. High risk, high...
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...(Gross Margin, Profit Margin, Return on assets, Return on shareholder’s equity, Return on Market Equity) * In recent years , Best Buy Co., Inc. has seen revenues shrink from $50705M USD to $45085 USD, and the company‘s net income from $1317USD to -441M USD. * Activity: * Poor Inventory Management * Total assets turnover is 2.99 in 2013, total assets management of the company is seems higher than Store competitors Radioshack, hhgregg , Aaron’s, Inc. * Inventory Turnover is turn down year to year 7.19 to 6.08 * Low Account Receivable Turnover ratio implies, the company should re-assess its credit policies in order to ensure the timely collection of imparted credit that is not earning interest for the company.(2009 to 2013 recespectvely;37.35 to 19.62) Solvency: Liquidity Enhanced Quick Ratio: The amounts of cash equivalents at February 2, 2013, and March 3, 2012, were $740 million and $343 million, respectively, * Declining Liquidity Cash Flows: Goodwill Impairment, Restructuring Charges, Interest Expenses, Loss from Discontinued Operations, Net Earnings from non controlling interest Increasing label of inventory year after year (more investment on inventory) 2. Company’s Strength/Doing well and Improving Areas: * Geek Squad expertise and knowledge, * Total assets management, assets turnover is improved continuously since 2010. 3. The areas could the company improve/ what they could do? * Review debt financing, cost...
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...Analyzing Pro Forma Statements Andre' D. Singleton FIN/571 March 17, 2016 Gregory Willis XYZ Company The selected company is a Bread and Pastry store which goal is to increase the company’s market share by implementing technology through telephones, text-orders, and emails. These processes will help in increasing interactivity. The financial performance of the company for the past years is as follows: Financial Performance With 100 employees manufacturing 6000 output units 5 day a week each month, earning $70 a day the company's output price is $32 with $2000 as variable input costs. Balance Sheet | 2013 | 2014 | 2015 | 2016 | 2017 | | Excess Cash: Plug Figure | | | | | | | Current Assets | 7,304 | 8034.4 | 8837.84 | 9721.62 | 10693.8 | | Net Property Plant & Equipment | 11,418 | 11,418 | 11,418 | 11,418 | 11,418 | | Other Long Term Assets | 768 | 768 | 768 | 768 | 768 | | Total Assets | 19,490 | 20,220 | 21,024 | 21,908 | 22,880 | | | | | | | | | Current Liabilities | 6,301 | 6,301 | 6,301 | 6,301 | 6,301 | | Short Term Borrowing: Plug Figure | | | | | | | Long Term Debt | 5,634 | 6028.38 | 6450.37 | 6901.89 | 7385.02 | | Other Liabilities & Preferred | 1,036 | 1,036 | 1,036 | 1,036 | 1,036 | | | Shareholder's Equity | 977 | 1006.31 | 1036.5 | 1067.59 | 1099.62 | | Retained Earnings | 5,542 | 5,849 | 6,200 | 6,601 | 7,058 | | Total Liab. & Shareholder's Equity | 19,490 | 20,220 | 21,024 | 21,908 |...
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...Dell Computer, with close supplier relationships, encourages suppliers to focus on their individual technological capabilities to sustain leadership in their components. Research and development costs are too high and technological changes are too rapid for any one company to sustain leadership in every component. Suppliers are also pressed to drive down lead times, lot sizes, and inventories. Dell, in turn, keeps its research customer-focused and leverages that research to help itself and suppliers. Dell also constructs special Web pages for suppliers, allowing them to view orders for components they produce as well as current levels of inventory at Dell. This allows suppliers to plan based on actual end customer demand; as a result, it reduces the bullwhip effect. The intent is to work with suppliers to keep the supply chain moving rapidly, products current, and the customer order queue short. Then, with supplier collaboration, ell can offer the latest options, can build-to-order, and can achieve rapid throughput. The payoff is a competitive advantage, growing market share, and low capital investment. On the distribution side, Dell uses direct sales, primarily via the Internet, to increase revenues by offering a virtually unlimited variety of desktops, notebooks, and enterprise products. Options displayed over the Internet allow Dell to attract customers that value choice. Customers select recommended product configurations or customize them. Dell’s customers place orders...
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...Chemical Inventory Management System David Acker Auburn University Risk management and Safety Abstract Managing chemical inventories at colleges and universities is one of today’s major challenges for higher education. This is especially true for large, diverse, research-oriented institutions like Auburn University. Knowing what chemicals are on site, their hazard potential, who is responsible for them, and where they are located is essential to maintaining a safe campus. Additionally, Federal and State regulations dealing with hazardous waste, chemical security, and emergency preparedness have become more stringent in recent years, requiring greater accountability from colleges and universities. These safety and regulatory compliance imperatives, along with issues of environmental sustainability and cost containment, drive the need for effective chemical inventory management in the university environment. In order to achieve effective chemical inventory management at Auburn University, Risk Management and Safety (RMS) has implemented a Chemical Inventory Management System (CIMS). The technological core of the CIMS is a chemical tracking database that provides realtime, discreet (to the individual container) monitoring of chemical inventories. The database has the capacity to accurately link the chemical container to hazard data, location, user, and acquisition date. Personnel, equipment, and budgetary resources were required to support the implementation phase, and ongoing...
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...operated by Gary Houser (Houser Shoes, 2007). In 2000, Houser and his daughter Beth Houser created a shared vision for another chain of stores named GB Shoe Warehouse, which is also one of the southeast's largest shoe stores. Houser has a total of 150 people employees and embraces the strategy of making stakeholders feel special and realizes that its staff that is the backbone of its existence and people have faces and names not just numbers. Social Network Building the first step to building a social network is identifying those on whom the project depends for success (Gray & Larson, 2006). And that's why employees at all the Houser Shoes stores are friendly and welcoming. Houser has a managing project reward system that assigns the leadership team the responsibility of managing the reward system that encourages stakeholder’s performance and extra efforts (Gray & Larson, 2006). The retail fashion industry is con-steadily changing, Houser wants to maintain its reputation in providing all brand names at prices up to 75% off regular department store prices(Houser Shoes, 2007). Houser’s concept is to provide quality shoes to his customers during many years of expansion. Houser has a total of 16 retail stores is located throughout Tennessee, West Virginia and the Carolinas (Houser Shoes, 2007). Houser stores are facing...
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...------------------------------------------------- Top of Form Income Statement | | Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | Gross Profit | Revenues | 0 | 3,644,137 | 4,627,251 | 6,353,663 | - Rebates | 0 | 41,375 | 50,913 | 69,675 | - Cost of Goods Sold | 0 | 1,843,926 | 2,277,733 | 2,884,733 | = Gross Profit | 0 | 1,758,836 | 2,298,605 | 3,399,255 | | | | | | | | | | | | | | | | Expenses | Research and Development | 120,000 | 120,000 | 0 | 0 | + Advertising | 0 | 135,260 | 178,970 | 180,970 | + Sales Force Expense | 0 | 162,203 | 240,746 | 325,262 | + Sales Office Expense | 430,000 | 470,000 | 570,000 | 450,000 | + Marketing Research | 0 | 15,000 | 15,000 | 15,000 | + Shipping | 0 | 43,122 | 52,304 | 67,445 | + Inventory Holding Costs | 0 | 15,210 | 0 | 13,676 | + Excess Capacity Cost | 0 | 63,868 | 0 | 228,381 | + Depreciation | 0 | 25,000 | 25,000 | 50,000 | = Total Expenses | 550,000 | 1,049,663 | 1,082,020 | 1,330,734 | | | | | | | | | | | | | |...
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...scheduled meetings. But even if it doesn't, its mere existence will indicate that supply chain management has the endorsement and commitment of senior leadership. We often see supply chain organizations struggling for recognition because their objectives and strategies differ from their companies' stated objectives and strategies. A governing council can prevent that from happening by providing constant, consistent validation that the supply chain strategy directly correlates with the corporate strategy. The council can also help to remove barriers to success that exist within the organization. Every company has such barriers—usually individuals or organizations that don't see or accept the value that a well-managed supply chain provides. By addressing these barriers, members of the council help to ensure that the supply chain organization is given the opportunity to perform up to its potential. When it is clear that the executive leadership is fully embracing the supply chain organization, it is likely that key business-unit stakeholders will be more willing to work with and support supply chain efforts and initiatives. Finally, the council provides an effective forum for cross-functional communication. An active governing council creates an opportunity for business unit leaders to provide the supply chain management leadership with information regarding future strategies and projects. Properly align and staff the supply chain organization Another...
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...Running head: GAP ANALYSIS: KUIPER LEDA Gap Analysis: Kuiper Leda University of Phoenix Gap Analysis: Kuiper Leda Kuiper Leda is an automotive equipment manufacturer that assembles electronic control units and sensors. The organization has been in business for 10 years and has recently begun to manufacture radio frequency identification devices also. Kuiper Leda has recently received an order for 250,000 electronic control units and 35,000 radio frequency identification devices from Midland Motors. Midland Motors has had exceptional business and it is a large auto major. An order from them would benefit Kuiper Leda. It is important that KL produces quality products and delivers them to Midland on time. The order is urgent and Kuiper Leda will need to manufacture and supply higher volumes over its regular orders. The existing ability at Kuiper Leda is inadequate to handle the increased load on the plant. Kuiper will need to discover ways to meet the sudden increase in requirements. Kuiper must decide whether to manufacture one or both products in-house, or outsource some of the production load. Situation Analysis Issue and Opportunity Identification Today, organizations have realized that in supply chain industries, their operations strategy must be aligned with its mission of servicing the customers. If Kuiper Leda accepts the order from Midland Motors, the organization will be forced to manufacture the product in-house, buy the products or components...
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