...Luck has always been a word that can stir up a debate on whether or not it exists. Some people believe luck exists and there’s nothing you can do to change your failure or success. Yet there are others that believe the actions you partake in to reach many opportunities will determine success or failure. Personally I agree with the following notion by Oprah Winfrey that says “luck is a matter of preparation meeting opportunity.” My reasons for agreeing are because the actions you take will always determine your outcome and preparation is a great factor when faced with any and all opportunities. First, I agree with following notion by Oprah Winfrey which states “luck is a matter of preparation meeting opportunity,” because the actions you take will always determine your outcome. I believe this because when you want to get somewhere you are not just sitting there waiting on to come to you about it. I feel that by going out and being in control and being a go getter will always determine your outcome. For example, I wanted my family to have a better lifestyle than what I experienced, so I decided to obtain a college degree. While making this decision I couldn’t just lie around and expect to get accepted just from doing research. I had to apply myself during high school, being that I had to make good grades. In addition, I had to go out and fill out applications to various universities and constantly make phone calls to ensure I took the right actions to get to where I wanted to...
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...“Luck is a matter of preparation meeting opportunity.” Luck per say is an opinion of things suddenly fallen into someone lap. I believe that the idea of it sounds great and it does happen to people. Know my understanding for being ready for luck to happen is a grand thought, but it is not the smartest way to go for being prepared in life. Being a prepared individual is by far the best way to be for reliability sake, but the opportunity for luck to just fall in your hands is a rather lower possibility for things to go your way. I do agree with the statement, but it is very hard for me to say it is true in the sense for everybody to be readily prepared for luck to fall in their lap. For instance is education when I was younger graduating in from high school I started working for Delta Airlines. I was trying to go to college around my shift but I did not do well. I was trying to do well in life, but I was not ready for the college at that time and I was not that convinced that I knew what I wanted to learn. Know in this instance I did not know how to get prepared for luck do to the fact that I did not know what it really was that I wanted to really do for my education. Then next time I tried to go to school was in 2010. I had graduated in 1996 so it had been a lot of time between me trying to go to school to be ready for luck to fall in my hands. This time I was mentally strong enough to proceed and do well in my grades and attitude towards school. I was trying...
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...issues internal to them and external factors relative to increased international competition due to globalisation. Thus, strategic management is an activity necessary to be undertaken by firms who want to sustain their existence in today’s highly competitive environment. Firms need to develop strategies as they are managements’ game plan for growing the business, staking out a market position, attracting and pleasing customers, competing successfully, conducting operations, and achieving targeted objectives. Strategic management is the set of managerial decisions and actions that determines the long-run performance of a firm. The question however arises as to whether strategic management is an art or a science or that it is simply a mixture of luck and good judgement. Introduction Firms or companies today face a broad array of risks, problems and issues, be they strategic, operational, financial, customer, vendor, competitor, to name a few. Moreover, concerns about increased international competition brought about by the rapid globalisation phenomenon abound not only in the US but also in Europe with the further expansion of the European Union and in Asia and Latin America due to increased economic integration in these regions. Management experts therefore have argued time and again that firms or companies should respond to environmental changes, such as increased competition, by engaging in more systematic planning to anticipate and respond to changing and unforeseen events. The...
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...morning of a test, luck seems to have turned into fact in the eyes of most people. Oprah Winfrey said, "Luck is a matter of preparation meeting opportunity." I believe this statement to be true. When something wonderful happens in a person's life do not let the satisfaction go to luck. Let it go to something else like "Preparation meeting opportunity," or a prayer being answered. When Ms. Winfrey spoke this quote I believe it was to say that things do not just happen by luck, but by preparation, the right opportunity and a lot of prayers. One of the worst examples that luck sets are laziness in regards to preparing. The theme luck portrays is a positive result occurring every time due to luck, not effort. This is not a realistic or healthy way of thinking. When studying for a test, a student needs to look over the material, question the material, and then dissect the material. This is the preparation process that will benefit you and your education greatly in the long run. Even if you believe in luck, when it comes time to take a test, it is...
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...quoted as saying, "Luck is a matter of preparation meeting opportunity". This statement reflects the notion that without preparation, many cherished opportunities would be lost. As an inspiration to many people, Oprah is trying to convey the thought that you are unable to be success without doing the heavy lifting required. The concept of heavy lifting can be interpreted in many ways. Hours spent studying, days spent pounding the pavement, weeks spent researching an idea, or years spent honing a craft. All of these tasks are an attempt to prepare for something. That something could be called opportunity. Many in society today look upon the successful as lucky. There is a feeling that opportunity comes to those who know someone. If you speak with successful people, there are the fortunately ones who achieve due to family influences or just the notion of being at the right place at the right time. However, most people spent years preparing for the moment of opportunity. When the moment hit, it is seized upon, and that is sometimes considered luck by other. In reviewing the notion of this question, one must ask if you want to take the literal meaning, or figurative meaning of the statement. If taken literally, one must think that luck is needed for opportunity. Figuratively, the statement reflects that anyone can make their own luck. Being prepared, doing the work that others are unwilling or unable to do, will be the reward itself. Opportunity comes to those who...
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...Luck is Very Important for Success Luck can be regarded as what happens to a person beyond his control, and it can be interpreted in various ways as according to a rationalist luck includes the function of the system of probability and an ignorance of unscientific beliefs. Another face of the luck refers to a series of spiritual or divine philosophy termed as fortune; several people consider that luck can be influenced through performing certain rituals by spiritual means. This belief varies from one to another person, as some says that luck is a belief of fortunate and unfortunate events in an organization or a meaningful coincidence as per Carl Jung philosophy (The Luck Factor by Richard Wiseman). Success or failure in business or in any other field is the result of a person’s own deeds as practically it can be accepted that one of the essential thing to be successful– being fearless! Here it is noticeable that fearless person feels confidence and able to take best decisions in any circumstance. The role of luck in success can be viewed as 30-50% successful inventions are the result of some degree accidental mistakes while setting up the experiment, sometimes when experiments fail or don’t work and a person who could have been famous unluckily gives up too soon, whereas because of some awful breaks, a great scientist becomes a sales man (The Book of Luck by Summers & Watson). This proves that success and failure are just a throw of the dice, luck favors the prepared mind...
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...lucky do not understand the true meaning of luck and how controllable it can be for anyone. It is safe to say that just about everyone has heard of Oprah Winfrey as well as her fame and fortune. Ms. Winfrey once said, ”Luck is a matter of preparation meeting opportunity.” The most powerful woman in the world with her own television network could not be more correct in her statement. Luck is something that can be controlled, predicted and even managed with the right understanding. In order to understand how I see the management of luck it is crucial to see when you are presented with an opportunity. In my experience, one of the biggest mistakes one can make on the path to success is not comprehending or seeing an opportunity when it is in front of them. I am active in the car business and I am always open to a good deal on the purchase cheaply priced car with the goal of turning it for a profit. However, in my experience the cheaply priced cars are not the obvious advertised sales. They are the cars that someone does not necessarily advertise for sale, but when questioned about selling it the owner may name a price that is under value. It is that skill of knowing when to see the opportunity for a cheap deal and being able to pursue it accordingly that makes someone lucky. Actively finding opportunities is not enough for one to become lucky. Equally important is being prepared to take advantage of a situation when an opportunity presents itself. This sort of preparation can...
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...000 To ensure highest shareholders’ value, the performance level triggering this bonus should be $1,000,000,000 The price per share = $1,000,000,000 / 10,000,000 = $100 Elicit high CEO effort, if or when medium luck occurs, pay bonus when shareholders’ value > $800,000,000: Criticisms: a) It is difficult to distinguish whether the company is experiencing high CEO effort with medium luck or the company is experiencing low CEO effort with good luck of the company as both have the same shareholder value. b) The effort of the CEO is immeasurable and the luck of the company is difficult to measure. c) The CEO has the ability to directly or indirectly control the exposure of the company to the luck experienced. For example, although the industry is experiencing good luck, but due to the company directions taken by CEO, the company might just experience medium luck only. d) It is difficult to predict the expected shareholder value based on luck. For example, during the medium luck, the company might have a potential to generate a higher shareholder value but since the target of $800,000,000 already achieved, the CEO might reduce the efforts or postpone the opportunity to next year. Question 3: Elicit high CEO effort, if or when good luck occurs, pay bonus when shareholders’ value...
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..."Luck is a matter of preparation meeting opportunity.” Oprah Winfrey Do you know of someone who seems to get all the breaks life has to offer? Do you have a friend that seems to always be at the right place at the right time all the time? I very well might have just described either a friend or contemporary. Personally, I am from the belief system that you create your own luck! Thus, I very much agree with the speaker “Luck is a matter of preparation meeting opportunity”. This reminds me of when of a job I took many years ago that was a door to door sales opportunity. My responsibilities were very simple, I needed to walk in both residential neighborhoods and apartment complexes selling automobile maintenance programs for $34.95 apiece. I was typically given 7 or 8 programs to sell and if I ran out my boss would bring me more. Well, it became a nightly ritual for him to bring me extra programs. I didn’t complain, that’s for sure. When the night would end and my colleagues and I were discussing our different sells for the evening, several would say “Vickery must be the luckiest salesmen alive.” Well, I couldn’t disagree, many of my sales were luck, I thought? But, as I reflect back on those times I realize that I preparing for the objections that would be hurled my way each evening and I carefully, mapped out my territory so when I did knock on each door I was ready to solve their car maintenance problems. Additionally, I was willing to knock on 3 times as many doors as they...
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...Luck has always been a word that can stir up a debate on whether or not it exists. Some people believe luck exists and there’s nothing you can do to change your failure or success. Yet there are others that believe the actions you partake in to reach many opportunities will determine success or failure. Personally I agree with the following notion by Oprah Winfrey that says “luck is a matter of preparation meeting opportunity.” My reasons for agreeing are because the actions you take will always determine your outcome and preparation is a great factor when faced with any and all opportunities. First, I agree with following notion by Oprah Winfrey which states “luck is a matter of preparation meeting opportunity,” because the actions you take will always determine your outcome. I believe this because when you want to get somewhere you are not just sitting there waiting on to come to you about it. I feel that by going out and being in control and being a go getter will always determine your outcome. For example, I wanted my family to have a better lifestyle than what I experienced, so I decided to obtain a college degree. While making this decision I couldn’t just lie around and expect to get accepted just from doing research. I had to apply myself during high school, being that I had to make good grades. In addition, I had to go out and fill out applications to various universities and constantly make phone calls to ensure I took the right actions to get to where I wanted to...
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...Primarily, while America does still provide access to the American Dream, the administering of it to the citizen population is hardly equal and ubiquitous as promised; rather, there is a set of factors that not only provides more opportunities for one to achieve the American Dream, but ultimately decides the outcome of one’s attempts to achieve the American Dream. These factors are wealth, family connections, and luck. The importance of money to not just the American Dream, but to the American population in general, is shown in the poem “Money”, by Dana Gioia. Gioia writes, “Money, the long green, cash, stash, rhino, jack or just plain dough…It greases the palm, feathers a nest, holds heads above water, and makes both ends meet” (Gioia 69). If there exists so many different names for money, it must be important, or at least perceived to be, in today’s society. The latter part of the quote deals with all the things money can do despite it being an inanimate object. Money is required for almost everything in America, thus creating opportunities for those who have it. In America, money is the ultimate...
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..."Luck is a matter of preparation meeting opportunity." When Oprah Winfrey made this statement I believe she was trying to address those of us who believe that luck is just a matter of a good thing falling into one’s lap. But, frankly, any opportunity given must be ready to be received, hence, preparation. Good things happen to people every day, but unless that person is ready to make the best of it, the potential that the opportunity once had will never come to pass. Needless to say I agree with Ms. Winfrey and the intentions behind this quote. I especially believe, for many reasons, both personal and not, that people must stop waiting on things to happen for them and work for what they want. This is the only way we can truly become and create anything great. Personally, I am in the midst of living this quote. Having been out of school and working for the past couple of years, I have yet to make the impact on the world that I once dreamed of. Writing this essay and taking the previous parts of this entrance exam, I have taken my first steps in preparing myself for bigger, better, and brighter opportunities that I know are awaiting me. Not if, but when I am accepted into your school I will do even more preparation and soon my luck will change. It will change because I have allowed it to change. I will have allowed myself to become open to any opportunities I seek. Because without going to school and making the necessary preparations I now realize that I have limited myself...
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...The life of Oprah Winfrey is the quintessential American success story. I agree with her when she says, "Luck is a matter of preparation meeting opportunity." In fact, I have a similar understanding about luck from my own career, though mine is on a much smaller scale. When success comes, it comes in different ways. Some people are successful based on nothing but hard work, though this is unusual. If your definition of success today is to move a large pile of rocks from one place to another, and all you have are your two hands, then you do not require much luck. Though it may rain or hail, you can just continue plugging along, moving rocks until you are finished with the task. More often, though, success results from of a combination of factors. A farmer may work hard tending his fields, but he must have the right combination of sunshine and rain in order to grow a crop. A football team may do everything right in an effort to win a game, but most times the team on the losing side makes one or two mistakes as well. In his book Outliers, Malcolm Gladwell challenges the notion of individual merit alone being enough to achieve great success. In one example, he produces evidence that great hockey players are often great not only because of their hard work, but often also because they were born earlier in the year, and youth hockey leagues base their age cutoffs on the calendar year. This gives kids who were born earlier in the year an advantage. They are bigger...
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...“Luck is a matter of preparation meeting opportunity.” When Oprah Winfrey made this statement I believe she was trying to address those of us who believe that luck is just a good thing falling into one’s lap. But, frankly, any opportunity given must be ready to be received’ hence, preparation. Good things happen to people every day, but unless that person is ready to make the best of it, the potential that the opportunity once had will never come to pass. Needless to say I agree with Ms. Winfrey and the intentions behind this quote. I especially believe, for many reasons, both personal and not, that people must stop waiting for things to happen for them and work for what they want. This is the only way we can truly become and create anything great. Personally, I am in the midst of living this quote. Having been out of school for a long time and working for many years, I have yet to make the impact on the world that I once dreamed of. Writing this essay and taking the previous parts of this entrance exam, I have taken my first steps in preparing myself for bigger, better, better and brighter opportunities that I know have been waiting for me. Not if, but when I am accepted into Western Governors University I will do even more preparation and soon my luck will change. It will change because I have allowed it to change. I will have allowed myself to become open to any opportunities I seek. Because without going to school and making the necessary preparations I now realize...
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..."Luck is a matter of preparation meeting opportunity." When Oprah Winfrey made this statement I believe she was trying to address those of us who believe that luck is just a matter of a good thing falling into one’s lap. But, frankly, any opportunity given must be ready to be received, hence, preparation. Good things happen to people every day, but unless that person is ready to make the best of it, the potential that the opportunity once had will never come to pass. Needless to say I agree with Ms. Winfrey and the intentions behind this quote. I especially believe, for many reasons, both personal and not, that people must stop waiting on things to happen for them and work for what they want. This is the only way we can truly become and create anything great. Personally, I am in the midst of living this quote. Having been out of school and working for the past couple of years, I have yet to make the impact on the world that I once dreamed of. Writing this essay and taking the previous parts of this entrance exam, I have taken my first steps in preparing myself for bigger, better, and brighter opportunities that I know are awaiting me. Not if, but when I am accepted into your school I will do even more preparation and soon my luck will change. It will change because I have allowed it to change. I will have allowed myself to become open to any opportunities I seek. Because without going to school and making the necessary preparations I now realize that I have limited...
Words: 353 - Pages: 2