...Organizational Readiness for Change: A Case Study on Change Readiness in a Manufacturing Company in Indonesia Managing Partner, The Jakarta Consulting Group Faculty of Economics, Tarumanagara University, Jakarta, Indonesia. Alfonsus B. Susanto ABSTRACT In today’s environment, changes are compulsory for an organization in order to survive and stay competitive. Although, planned change is intended to make the organization more effective and efficient, resistance from members of the organization are expected as they foresee potential threats that can affect their future. Therefore, readiness for change from the members of the organization is a critical factor in successful change implementation. This paper discusses the aspects of organizational readiness for change which consist of perception toward change efforts, vision for change, mutual trust and respect, change initiatives, management support, acceptance, and how the organization manage the change process. This paper is also supported by a case study from a manufacturing company in Indonesia Keywords: change readiness, perception toward change efforts, vision for change, mutual trust and respect, change initiatives, management support, acceptance, managing change. INTRODUCTION Because of increasingly dynamic environments, organizations are continually confronted with the need to implement changes in strategy, structure, process, and culture. Many factors contribute to the effectiveness with which such organizational...
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...A BRIEF CHRONOLOGY OF ARTHUR MILLER'S LIFE AND WORKS [This chronology has been compiled and crosschecked against a number of sources, however, a special acknowledgement should be made to the thorough "Literary Chronology" and appendices printed in The Theater Essays of Arthur Miller, eds. Robert A. Martin and Steven R. Centola.] 1915 Arthur Aster Miller was born on October 17th in New York City; family lives at 45 West 110th Street. 1920-28 Attends Public School #24 in Harlem. 1923 Sees first play--a melodrama at the Schubert Theater. 1928 Bar-mitzvah at the Avenue M temple. Father's business struggling and family move to Brooklyn. Attends James Madison HIgh School. 1930 Reassigned to the newly built Abraham Lincoln High School. Plays on football team. 1931 Delivery boy for local bakery before school, and works for father's business over summer vacation. 1933 Graduates from Abraham Lincoln High School. Registers for night school at City College, but quits after two weeks. 1933-34 Clerked in an auto-parts warehouse, where he was the only Jew employed and had his first real, personal experiences of American anti-semitism. 1934 Enters University of Michigan in the Fall to study journalism. Reporter and night editor on student paper, The Michigan Daily. 1936 Writes No Villain in six days and receives Hopwood Award in Drama. Transfers to an English major. 1937 Takes playwrighting class with Professor Kenneth T. Rowe. Rewrite of No Villain, titled, They Too Arise...
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...COMPANY LAW AUSTRALIA Question 1: Insolvency The area of law involved in this question: Insolvency trading and director’s duties, under Corporation Acts 2001. A director will engage in insolvent trading in breach of section 588G of the Corporation Acts 2001(Cth) if the company incurs a debt and: a) The company is insolvent at the time of incurring the debt or becomes insolvent by incurring the debt; b) At the time the debt is incurred, there are reasonable grounds for suspecting that the company is insolvent or will become insolvent; c) The director is aware of such grounds or a reasonable person in a like position in a company in the circumstances of the company would be so aware; and d) The director fails to prevent the company from incurring the debt. Under the Corporations Act of 2001 section 95A, a company is declared to be insolvent if it cannot pay its debt. In the financial year of 2013, the director of the company Paul knew that the company was experiencing difficulties in terms of financial performance, and would not be able to meet all its debt issues. It was his duty as a director of the company to prevent it from further trading, because he knew the company’s financial position. He should have sought both legal and financial advice from the relevant authorities, so as to assist him to determine whether the company will be liquidated, or measures will be undertaken so as to revamp it. He ignored his duties as a director i.e. prevents the...
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...TO: Paul Welch, Vice President of Research FROM: Colten Harris, Jackson Wallace, Easton Heigley, Daniel Gift DATE: March 10, 2015 SUBJECT: America’s Wealthy Introduction Since America’s conception, new pioneers have walked this country not with a goal to finish a map like Lewis and Clark, but to strive for “The American Dream” and never settle for less than absolute success. Each man researched is from a different time period, with different circumstances surrounding them. With different presidents, different rules and regulations, even with different life expectancies. However, all men had one dream, to make America a better place. From oil pipelines to windows operating systems, these men truly did create things that changed the lives of all Americans for the better. They are the unspoken heroes. Not of war or battle, but of ingenuity, hard work and of sound mind. These are America’s Wealthy. Findings John D Rockefeller was born on July 8, 1836. He began with humble beginnings and is a perfect definition of a rags to riches dream that many Americans that try to live by. His life at home was somewhat shaky. His father was never at home very much because he was a traveling salesmen who sold elixirs. In his early teens his family moved to a suburb of Cleveland, there he took a 10 week business course that would help him later in his life as the richest man in America. His first job was with a bookkeeper at a commission firm. He excelled at keeping track of...
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...It is obvious that people have become more conscious of the ethical and social responsibilities of business over recent decades, suggesting that the modern businesspeople should not only consider about profitability but also extent to what they can contribute to the whole society. A quote by Anita Roddick generally demonstrates the spirit of being ethically and socially responsible: “The business of business should not be about money. It should be about responsibility. It should be about public good, not private greed.” With the increasing significance of the harmonization of society, the view about whether businesses should be responsible for both ethics and society has been sparked off a heated discussion. From some people’s perspective, it would not exert much adverse impact on a company if it is not aware of its ethical and social responsibilities, since the profitability is the primary objective of running a business. Whereas the counter argument believes that business should additionally take its responsibilities for the moral development as well as the well-being of society. In my point of view, a corporation’s ethical and social responsibilities are positively interacted with financial performance, as well as other key aspects a businessman concerns about. In this essay, along with the general definitions of both ethical and social responsibilities and the benefits for a company, I would also present some business cases of either side of the controversy and provide analyses...
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...3rd Edi ti on Elements of Effective Practice for Mentoring™ Newly revised edition, which includes evidenced-based operational standards Sponsored by Introduction As a strategy for helping young people succeed in school, work and life, mentoring works. It helps give young people the confidence, resources and support they need to achieve their potential. But, the fact is this: these positive outcomes are only possible when young people are engaged in high-quality mentoring relationships. The Elements of Effective Practice for Mentoring holds the key to success in producing high-quality relationships. The new edition of the Elements provides six evidence-based standards for practice that incorporate the latest research and best-available practice wisdom. It also reprises advice that appeared in earlier editions on program design and planning; program management; program operations; and program evaluation. We believe adherence to the Elements will ensure that mentoring relationships thrive and endure. They include measures that any mentoring program in any setting can implement, as well as measures that any agency can incorporate within the mentoring element of broad-based, positive youth development programming. This means that community-based, corporate-based, school-based, faith-based and Internet-based mentoring programs can use the Elements to meet the specific needs of the young people they serve and the milieu in which they operate. And, it means that afterschool...
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...Corporate Investment Decision Practices And the Hurdle Rate Premium Puzzle Iwan Meier and Vefa Tarhan1 February 27, 2006 Abstract We survey a cross-section of 127 companies to shed light on various dimensions of the investment decisions. The questions posed by our survey examine the hurdle rates firms use, calculations of project related cashflows, the interaction of cashflows and hurdle rates, and the determinants of firms’ capital structure policies. Unlike previous studies which examine investment decisions by either using survey data or data obtained from financial tapes, we use both sets of data. This approach produced one of our primary findings that there is a hurdle rate premium puzzle, in that hurdle rates used by our sample of firms exceed their cost of capital that we calculate using Compustat data by 5%. We investigate the determinants of the hurdle premium in question. Additionally, we find that both systematic and to a lesser extent unsystematic risk play a role in determining the hurdle rates. Furthermore, our findings show that while firms use discounted cashflow methods in evaluating projects, they do not always appear to handle the cashflow dimension of their investment decisions in a consistent manner. Finally, we uncover evidence that firms use the various financing alternatives available to them in the order predicted by the pecking-order hypothesis. However, some of the variables affiliated with the trade-off model also appear to play a role in...
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...Steve Jobs Anna M. Hogan University of Mary Washington Dr. Chavez MBUS 525 Writing Center Appointments Dates, Times and Tutor: #1 4/11/2012 @ 5 pm: Amanda #2 4/14/2012 @ 10 am: Jennifer #3 4/15/2012 @ 7 pm: Jennifer Executive Summary Jobs was a man that was creative, he had a vision, and he was a leader. His creations led him to begin one of the world’s most successful computer companies in the world, which would eventually create a paradigm shift in the technology world. Jobs was adopted as an infant by a middle class family and grew up in California’s Silicon Valley, where as a teenager, he was exposed to tinkering with his father in the family garage, which in 1976, became the birthplace of Apple Computer (Jobs, 2012). As an executive, Jobs had a temperament that was not always welcomed in the professional atmosphere. Shortly after he began Apple he was asked to leave by the Board of Directors and friend, John Sculley, CEO of Apple Computer. This was a blow that Jobs did not take lightly, and in order to maintain his dream and vision, he started a new software company, called NeXT. Eventually Apple Computer purchased the failing company, only after Jobs returned to Apple Computer in 1997, as the CEO. He replaced Gil Amelio, who replaced John Sculley only three years before (Nair, 2012). In 2007, Apple Computer became Apple, Inc., so the world would know that Apple was not just selling computers (Finkle, 2010). Jobs’ leadership traits, charismatic leadership...
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...64 Management Insight INDIAN FUTURES MARKET : AN ANALYSIS Agha Nuruzzaman* ABSTRACT The Indian government’s efforts are directed towards the establishment of a free, fair, transparent and fully informed market with help of the Futures market, so that futures prices are truly determined by the forces of demand and supply. In the long term, the continuing rapid growth of economy in India creates a huge potential for Futures market. This study is an effort to understand the factors under PEST Analysis. For this purpose, data from different sources were collected and later analyzed by using statistical techniques. With an improving agriculture, widening scope of education, a balanced economy, friendlier infrastructure, vividly sketched out laws unstained by any kind of corruption will create the right climate for swift growth of the futures market. The PEST analysis shows that most of the factors considered are indeed going in favour of India’s futures market. INTRODUCTION A futures contract is a legally binding agreement to buy or sell a commodity or financial instrument sometime in the future at a price agreed upon at the time of the trade. While actual physical delivery of the underlying assets seldom takes place, futures contracts are nonetheless standardized according to delivery specifications, including the quality, quantity, and time and location. The only variable is price, which is discovered through the trading process. In this study we ...
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...M A G A Z I N E FA L L 2 0 0 2 Volume 20 Number 2 SPANNING THE GLOBE Duke Leads the Way in International Law Teaching and Scholarship inside plus Duke admits smaller, exceptionally well-qualified class Duke’s Global Capital Markets Center to launch new Directors’ Education Institute from the dean Dear Alumni and Friends, It is not possible, these days, for a top law school to be anything other than an international one. At Duke Law, we no longer think of “international” as a separate category. Virtually everything we do has some international dimension, whether it concerns international treaties and protocols, commercial transactions across national borders, international child custody disputes, criminal behavior that violates international human rights law, international sports competitions, global environmental regulation, international terrorism, or any number of other topics. And, of course, there is little that we do at Duke that does not involve scholars and students from other countries, who are entirely integrated with U.S. scholars and students. Students enrolled in our joint JD/LLM program in international and comparative law receive an in-depth education in both the public and private aspects of international and comparative law, enriched by the ubiquitous presence of foreign students; likewise, the foreign lawyers who enroll in our one-year LLM program in American law enroll in the same courses, attend the same conferences...
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...M A G A Z I N E FA L L 2 0 0 2 Volume 20 Number 2 SPANNING THE GLOBE Duke Leads the Way in International Law Teaching and Scholarship inside plus Duke admits smaller, exceptionally well-qualified class Duke’s Global Capital Markets Center to launch new Directors’ Education Institute from the dean Dear Alumni and Friends, It is not possible, these days, for a top law school to be anything other than an international one. At Duke Law, we no longer think of “international” as a separate category. Virtually everything we do has some international dimension, whether it concerns international treaties and protocols, commercial transactions across national borders, international child custody disputes, criminal behavior that violates international human rights law, international sports competitions, global environmental regulation, international terrorism, or any number of other topics. And, of course, there is little that we do at Duke that does not involve scholars and students from other countries, who are entirely integrated with U.S. scholars and students. Students enrolled in our joint JD/LLM program in international and comparative law receive an in-depth education in both the public and private aspects of international and comparative law, enriched by the ubiquitous presence of foreign students; likewise, the foreign lawyers who enroll in our one-year LLM program in American law enroll in the same courses, attend the same conferences...
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...------------------------------------------------- Top of Form Bottom of Form CORPORATE HISTORY 1995-1997 1995 * Larry Page and Sergey Brin meet at Stanford. (Larry, 22, a U Michigan grad, is considering the school; Sergey, 21, is assigned to show him around.) According to some accounts, they disagree about almost everything during this first meeting. 1996 * Larry and Sergey, now Stanford computer science grad students, begin collaborating on a search engine called BackRub. * BackRub operates on Stanford servers for more than a year—eventually taking up too much bandwidth to suit the university. 1997 * Larry and Sergey decide that the BackRub search engine needs a new name. After some brainstorming, they go with Google—a play on the word “googol,” a mathematical term for the number represented by the numeral 1 followed by 100 zeros. The use of the term reflects their mission to organize a seemingly infinite amount of information on the web. Back to top 1998 August * Sun co-founder Andy Bechtolsheim writes a check for $100,000 to an entity that doesn’t exist yet: a company called Google Inc. September * Google sets up workspace in Susan Wojcicki’s garage at 232 Santa Margarita, Menlo Park. * Google files for incorporation in California on September 4. Shortly thereafter, Larry and Sergey open a bank account in the newly-established company’s name and deposit Andy Bechtolsheim’s check. * Larry and Sergey hire Craig Silverstein...
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...Abstract Raves have historically referred to grass-roots organized, anti-establishment and unlicensed all night dance parties, featuring electronically-produced dance music (EDM), such as techno, house, trance and drum and bass. Since their late 1980s origins in the U.K., raves have gained widespread popularity and transformed dramatically. Consequently, their many cultural traits and behaviors have garnered much sociological interest, which mostly falls into two competing perspectives: cultural studies and public health. In this paper, we review what raves look like today compared to their high point in the 1990s. We then discuss how the cultural studies and public health perspectives define raves and have studied them over time, focusing on the “pet” sociological concepts each has sought to advance. Our analysis of these literatures reveals important differences in rave research by country and over time. We end by discussing the politics associated with the shift in rave research. Introduction Society has been greatly influenced by many alternative scenes, subcultures, or lifestyles oriented around music, youth and young adults (Epstein 1998). Some of the more notable ones include the English punk scene in the 1970s- 1980s, the U.S. jazz (1930s-1940s) and hippie scenes (1970s), and the 1990s rave scenes in the U.K. and U.S. From them have come musical innovation, social identity, fashion and other aesthetic nuances, and mainstream and alternative cultural production...
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..._______________________________________________________________ _______________________________________________________________ Report Information from ProQuest 16 September 2014 22:51 _______________________________________________________________ 16 September 2014 ProQuest 目录 1. Elements of a Theoretical Framework for Public Sector Accounting............................................................ 1 16 September 2014 ii ProQuest 第 1 个文档，共 1 个 Elements of a Theoretical Framework for Public Sector Accounting ProQuest 文档链接 摘要: The development of a concept of community assets (used to describe government-managed assets of an infrastructural, cultural, or environmental nature) can contribute to the development of a new theoretical framework for public sector accounting and potentially for private sector accounting as well. An important feature of this framework is that recognition of assets based on common property alongside private property lends greater visibility to the communitarian perspective, with its emphasis on shared values and common life, and to social as well as technical concerns. In addition, by distinguishing what management can control from what they cannot control, a concept of community assets as distinct from ordinary fixed assets could permit a fairer system of accountability and clarify the controversial issues of depreciation in the public sector. 链接: Check local library holdings 全文文献: Despite the ancient origins of governmental...
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...Journal of Cross-Cultural Psychology http://jcc.sagepub.com Value Hierarchies Across Cultures: Taking a Similarities Perspective Shalom H. Schwartz and Anat Bardi Journal of Cross-Cultural Psychology 2001; 32; 268 DOI: 10.1177/0022022101032003002 The online version of this article can be found at: http://jcc.sagepub.com/cgi/content/abstract/32/3/268 Published by: http://www.sagepublications.com On behalf of: International Association for Cross-Cultural Psychology Additional services and information for Journal of Cross-Cultural Psychology can be found at: Email Alerts: http://jcc.sagepub.com/cgi/alerts Subscriptions: http://jcc.sagepub.com/subscriptions Reprints: http://www.sagepub.com/journalsReprints.nav Permissions: http://www.sagepub.com/journalsPermissions.nav Citations (this article cites 23 articles hosted on the SAGE Journals Online and HighWire Press platforms): http://jcc.sagepub.com/cgi/content/refs/32/3/268 Downloaded from http://jcc.sagepub.com at KAIST GRADUATE SCHOOL OF MGMT on October 22, 2007 © 2001 SAGE Publications. All rights reserved. Not for commercial use or unauthorized distribution. JOURNAL OF CROSS-CULTURAL PSYCHOLOGY Schwartz, Bardi / CROSS-CULTURAL VALUE SIMILARITIES Beyond the striking differences in the value priorities of groups is a surprisingly widespread consensus regarding the hierarchical order of values. Average value hierarchies of representative and near representative samples from 13 nations exhibit...
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