Premium Essay

Stanley

In:

Submitted By rc123
Words 475
Pages 2
Stanley Hydraulics Corporation (A)
From my overall point of view, I don’t think that Bob Nehrgardt was crazy. It’s highly appreciable that someone is dedicated to work so enthusiastically and objectively for his company. Bob achieved a huge success in a relatively small time period. In ten years with Dynamic Controls, Bob Nehrgardt raised up the annual sales from $600,000 to $5 million. Entering in the product engineering, he developed his path towards industrial sales, marketing, product development and finally to the top management. He acquired diverse experience which was necessary run a company successfully. Bob has outstanding management skills, intense and broad knowledge, and qualified working experience to think of making a company successful with his maximum contribution.
Bob Nehrgardt had a brilliant idea of starting his own company and he has a solid plan and intellectual goal for the same. He wanted a have company with no politics so that there can be a full utilization of human energy and intelligence solely in the work. For his new company Stanley Hydraulics Corporation, he spent a full year for the planning and preparing every aspect of the new operation. He estimated that it would take at least five years of operations to build strong relationships with the distributors and at least three years to begin showing a positive cash flow. He even thought of very details such as floor space and sales employees in three situations: pessimistic, realistic and optimistic. Bob Nehrgardt wanted to remove the problems of hierarchy and the ossification that comes in the minds and the behaviors of employees. He also designed workable and attainable organization rules for his new company. These rules were the guidelines for the employees. For example, he anticipated that employees work with the customers, distributors, employees and suppliers, and foster the

Similar Documents

Premium Essay

Stanley Kubrick

...Running Head: KUBRICK Stanley Kubrick G138 Introduction to Film There have been many different directors that have had an important influence on modern film. Yet there have only been a handful that not only influenced it, but truly changed how an entire genre of film was perceived. Like no other before him, Stanley Kubrick forged a path that no other had treed. He had an eye for a story and a way to retell it in a manner that was uniquely different and memorable. On the quiet evening of July 26th 1928, in the Bronx of New York City Stanley Kubrick was born. At a very young age he showed a passion for music and especially photography. This same passion was not seen in his basic school work though. By the time he graduated High School he only had a 67 average. This low score made it very hard for him to find a college to attend. So instead he moved on to become a freelance photography for the magazine Look. As a photographer he was able to travel a great deal, an experience that helped in opening his eyes to everything around him. It created a thirst for knowledge and the desire to learn more. This desire brought him to the doorsteps of Columbia University where he enrolled as a non-matriculating student. While attending Columbia he became even more influenced by photography, which turned into a growing passion for the understanding of the film process. Often times, he would sit in during classes taught by Lionel Trilling, Mark Van Doren and Moses Hadas (SK-TMF, 2008)...

Words: 2094 - Pages: 9

Premium Essay

Stanley Milgram

...in every aspect of life, and to challenge them; unless a justification for them can be given, they are illegitimate, and should be dismantled, to increase the scope of human freedom.” There is a true feeling of what authority can do if placed in situations that require someone to follow instructions. What happens to someone when they follow the orders of another person in authority? An experiment conducted by psychologist Stanley Milgram reveal how situationism applies to study results. How would this experiment differ if the participants were from various races, cultures, gender groups? A summary of the study and how it was conducted Stanley Milgram is a psychologist who conducted a study based on obedience during the 1960’s, and this experiment produced startling results. Questions still arise about the experiments validity, but the impact on psychology remains to be one of the best measures to assess how authority plays a role in obedience. In 1961 after the Trial of WWII criminal Adolph Eichmann, Milgram started his study. Stanley Milgram's experiment built on the idea of obedience, and the experiment would deliver a shock to participants who participated in the experiment. There were levels of voltage from mild to dangerous, and to a maximum voltage of 450, the highest level were labeled XXX. The role of a teacher who would deliver the shock to the student every time the student answered incorrectly. The student would only pretend to be shocked, but...

Words: 1162 - Pages: 5

Premium Essay

Stanley Kowalski and Power

...desire for power is a feeling that many human beings may have. In Tennessee Williams’ A Streetcar Named Desire, the theme of power is very evident throughout the play. Stanley Kowalski’s hunger for power has led him to violence. He is a man who takes pride in what he does and his role as the head of his household. His brutal and abusive attitude is one that readers are made aware of the moment he comes into the scene. In the first seen he is seen hurling raw meat to his wife showing his animalistic approach to life. All of his authority is put into question when Stella’s sister Blanche comes over for a stay.             Always Stanley’s power upon others is served with a side of violence. In scene three we witness what happens when he feels that he is losing power. Stanley has been losing money from the poker playing and needs to save face with his buddies. He complains that that the women are talking too loudly, and then complains again when Blanche turns on the radio. He gets up and switches it off himself. Blanche, who obviously doesn’t see Stanley as a threat, turns it back on and begins to waltz with Mitch. Then Stanley who has been drinking takes the radio and hurls it out the window as a sign of superiority and putting his foot down. When Stella tells his friends to leave he chases her and beats her. Stanley has been losing money from the poker playing and needs to save face with his buddies....

Words: 265 - Pages: 2

Free Essay

Morgan Stanley Hr

...Morgan Stanley, founded in 1935, grew over the course of its first 55 years in business to become one of the largest investment banks in the world. With over $3 billion in revenue and 7,000 employees spread across 18 global locations, the firm was a powerhouse in the global financial industry. A job at Morgan Stanley was one of the most recognized resume builders and after spending a few years of one’s career at the firm, the opportunities available were often endless. However, in the early 90’s Morgan Stanley found itself stuck in a corporate culture stemming back to the 40’s and 50’s, with a narrow development program that revolved around an employee’s ability to add to the top and bottom line. Bring in the revenue, and life was good. Consistently fail to show numbers, and start packing your things. In 1992 management began to take a critical look at the current performance appraisal system. As competing firms in addition to the general business environment progressing with development and training programs, it was obvious to high-level executives at Morgan Stanley that the firm was lagging behind in its ability to develop talent sustainably. Numbers were growing, but the firm was missing out on numerous opportunities and even jeopardizing its future by not giving its employees the opportunities and treatment they sought. The current appraisal system was dealt with in an open forum, with groups coming together as a team and orally presenting their opinions on newer employees...

Words: 796 - Pages: 4

Premium Essay

Stanley Cup Game Analysis

...After the Pittsburgh Penguins captured the Stanley Cup in 2009, dynasty talk began. With Sidney Crosby and Evgeni Malkin in their prime, lesser known heroes like Chris Kunitz and Pascal Dupuis contributing, a sound goalie in Marc Andre Fleury and a strong defensive core with a growing stockpile of prospects developing for the Wilkes-Barre/Scranton Penguins, the future looked very bright for the black and gold fresh off of raising the Stanley Cup. But the next six seasons didn't quite work out that way. Even after very strong regular seasons from 2009-2015, the hockey demons haunted the Penguins in the Stanley Cup Playoffs, and they were ousted each year before reaching the Finals. Pittsburgh’s playoff struggles culminated after another disappointing...

Words: 1414 - Pages: 6

Premium Essay

Stanley Kowalski Character Analysis

...Streetcar Named Desire, the main antagonist, Stanley Kowalski, can only be described as down-to-earth and brutish. This is unquestionable, and is evident numerous times throughout the play. Stanley serves as the antithesis to Blanche who, in turn, is quiet, fragile, and deceitful. The conflict in the play arises from Blanche’s arrival to the Kowalski’s residence and is a direct result from the meeting of these two contrasting characters. As such, it is perhaps not difficult to see that the motivations for most of Stanley’s defining actions in the play stem from Blanche who, from his point of view, is just a disruptive presence that doesn’t belong and only serves to annoy him. Blanche’s occupancy, coupled with Stanley’s dominant personality, is the basis for his multiple signs of aggression and assertion in the play. Stanley, as is so often claimed by Blanche, is simple. His motivations throughout the play aren’t very complex: he wants to be able to do what he wants, and to maintain control while he’s at it. Stanley is evidently an alpha male; if someone is doing something that he doesn’t approve of, whether it makes sense or not, he’s going to disagree. This makes it very easy to understand his actions. Blanche came uninvited into his home – the place where Stanley dominates. This already puts their relationship off to a bad start. Throughout the play Blanche made changes to his home as well as ripples in his relationship with Stella. Stanley didn’t approve of the lampshade simply...

Words: 858 - Pages: 4

Free Essay

Morgan Stanley Case Review

...A Morgan Stanley Case Study Operating Globally Through Technology Course: MGMT420 STRATEGIC MODELING Crn: 29022 Group Members: Nicole Blenman Mark Hamel-Smith Allison Joseph Cynthia Kennedy Kelly Singh Lecturer: Ms. Kinda McGowan April 18, 2015 Introduction Morgan Stanley was founded as an investment bank in New York in 1935, it has evolved into one of the world’s foremost financial institutions, with more than 45,000 employees on six continents. Though headquartered in the U.S., they are a leader in the integration of financial services around the world. As technology links them closer together the firm is in a unique position to address the increasingly global needs of their clients. Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. ▪ As a global bank it provides: Investment banking advice on mergers and acquisitions, financial restructuring and privatisation. ▪ Major underwriter of stocks and bonds and provides research, sales and trading services in almost every type of financial instrument. ▪ Manages private partnerships that invest in venture capital, property and other private equity opportunities. ▪ Provides other related products and financial services, including credit cards. At its foundation are four core values — putting clients first...

Words: 2604 - Pages: 11

Premium Essay

Rob Parson at Morgan Stanley (a)

...Morgan Stanley, a leading U.S. Investment Bank, was attempting to transform it’s work environment to one that fosters teamwork but promotes innovation as well. This vision was developed under the leadership of the new president John Mack and his executive team. President Mack was looking for people to “shake up the culture.” With heavy resistance, he recruited Paul Nasr to be the Senior Managing Director in Capital Market Services. Paul was a highly regarded banker with over twenty (20) years of experience. He knew that one of Morgan Stanley’s weak areas was Capital Market Services, an area where he had been successful in the past. Paul also knew that it would take more than a traditional corporate banker to penetrate this market. That person must be energetic, aggressive and innovative. That’s why he recruited Rob Parson. Rob developed relationships with the important players in the banking and insurance industries and a strong reputation. Rob is not easily discouraged or intimidated and knows what it takes to get the job done. His drive and ambition allows him to connect with his clients but sometimes distances him from his co-workers. The position that Paul needed to fill was difficult to perform and had a very high turnover rate. He thought that Rob was the perfect person to fill that billet. Rob accepted the position with the understanding that there was a potential for growth because the effort was in need of repair and that the Morgan Stanley had done very little business...

Words: 1261 - Pages: 6

Premium Essay

Rob Parson at Morgan Stanley

...Morgan Stanley, a leading U.S. Investment Bank, was attempting to transform its work environment to one that fosters teamwork but promotes innovation as well. This vision was developed under the leadership of the new president John Mack and his executive team. President Mack was looking for people to “shake up the culture.” With heavy resistance, he recruited Paul Nasr to be the Senior Managing Director in Capital Market Services. Paul was a highly regarded banker with over twenty years of experience. He knew that one of Morgan Stanley’s weak areas was Capital Market Services, an area where he had been successful in the past. Paul also knew that it would take more than a traditional corporate banker to penetrate this market. The Capital Markets Services(CMS) division, which has established as an interdisciplinary concern to address the issues of focused client attention and cross-divisional collaboration, required professionals who not only had domain specific industry knowledge but were also skilled at responding to client needs by designing products in collaboration with product specialists within Morgan Stanley. Market coverage professional to be compatible with the staff of other departments, but can't rely entirely on product designers, because they do not understand markets and customers, do not know the customer's needs. It is important to fully understand the market, product, and customer information in three areas and needs. That person must be energetic, aggressive and...

Words: 1915 - Pages: 8

Premium Essay

Rob Parson at Morgan Stanley

...1.Evaluate the effectiveness of the Morgan Stanley performance assessment and mgmt system. The strategic goal at Morgan Stanley is to transform the company’s work environment into one that promotes teamwork, innovation and absolute integrity. In order to achieve this goal, President John Mack and his executive team recognized that a culture change in the way staff were evaluated and compensated would be necessary. They instituted a 360-degree performance evaluation system two years ago allowing professionals in the firm to be evaluated by superiors, subordinates and peers. According to the textbook, the advantages of such a system are numerous when compared to traditional assessment systems. The authors state that “supervisors, peers, subordinates and employees themselves differ in their ability to appraise various dimensions of performance” and that “these raters observe different behaviors and may interpret them with divergent standards.” Therefore, the purpose of 360-degree feedback is to give staff a better understanding of their strengths and weaknesses which, in turn, allows them to better identify aspects of their work needing professional development. The fact that Morgan Stanley introduced a 360-degree performance assessment tool is commendable. However, the effectiveness of this tool in its current state has not yet been optimized. In particular, the company’s vision statement appears to be very solid as it clearly articulates how employee abilities should...

Words: 1107 - Pages: 5

Premium Essay

Stanley Milgram's Obedience To Authority

...Obedience to Authority, written by Stanley Milgram, is a book about a highly controversial experiment. The experiment has 3 people in it; with two of them being a part of the experiment. The subject will be told to give the victim shocks up to a dangerously high voltage. The experiment is set up to see if ordinary people will be obedient or defy an authority figure to harm the victim. The experiment is first set up at Yale University to see how the students who are very intelligent would act to authority. Milgram, who made the experiment, set this experiment up because he was curious to as if humans will do cruel and out of their usual behavior things just because an authority figure says so. First, to completely understand the experiment...

Words: 1885 - Pages: 8

Free Essay

Morgan Stanley Financial Analysis

...Morgan Stanley (MS) * Describe the nature of this company’s business according to the Annual Report. Morgan Stanley is a financial services holding company that operates on a global basis through its subsidiaries and affiliates to maintain a competitive market position within its business segments. The three segments MS primarily positions itself in are the following: Institutional Securities, Global Wealth Management Group, and Asset Management. MS provides these services to a wide and varying client base consisting of governments, individuals, and almost everything in between. (p 50) * Was that description of business in line with what you thought the company’s main business was before reading the MD&A? Yes, it was in line with what I thought MS, and their subsidiaries business interests were involved with. I was however unaware that the Global Wealth Management Group position of MS made up 65% of the company’s operating interest. * List five positive events (outcomes) mentioned in the MD&A. What is the source of/reasons for these positive things? Were those things good/positive due to management’s effort or due to external factors? In other words, who should/did take credit for these good things? 1. Morgan Stanley’s DVA income increased from 2011 to 2012 by $721 million. This can be considered a positive event because the decrease in the company’s liabilities is in a sense, a source of profit. (p 58) 2. Global Wealth Management Group...

Words: 1017 - Pages: 5

Premium Essay

Stanley Milgram's The Perils Of Obedience

...Analysis: Stanley Milgram’s The Perils of Obedience In The Perils of Obedience, Stanley Milgram creates an experiment to see how individuals follows rules and orders. In this experiment, an experimenter conducts the study, a teacher carries out the experimenter’s commands, and a learner, who is an actor, takes memory tests. The teacher asks the learner questions, and if the learner gets them wrong, the teacher must shock him with increasingly higher voltage. The teacher then faces a tough decision: should he finish the experiment, or should he defy authority? This question proves to be important for the study, because it focuses on how individuals react to authoritative figures, even if the figure’s commands go against their moral code. This...

Words: 415 - Pages: 2

Premium Essay

Stanley Milgram's The Perils Of Obedience

...Obeying rules, both unspoken and spoken, is second nature to mankind. It has become habitual to conform to the orders of authority in order to promote obedience as a social virtue. This often leads man to equate disobedience with sin, which traces as far back as the biblical account of Adam, Eve, and the Serpent. However, neither disobedience nor obedience could exist without the power of an authority figure to dictate the rules and restraints of submission. In his article “The Perils of Obedience,” Yale psychologist Stanley Milgram asserts that authority as a whole is an essential component of social living and that obedience to this authority is a social behavior unknowingly entrenched in a majority of the population. Milgram’s scientific review explores this claim as he shares data from his experiment in which subjects blindly obey someone they believe to be an expert, simply due to his prompting. Supported with reactions...

Words: 1203 - Pages: 5

Premium Essay

Stanley Milgram Experiment Summary

...Describe a Study: The Milgram Experiment of Destructive Obedience Systemic obedience of institutional authority can result in destructive consequences. In the events of the Holocaust, the atrocities committed in concentration camps would not have occurred on such a mass if not for the obedience of Hitler’s forces (Milgram, 1963). For the purpose of observing the particularly destructive effects of obedient behavior, Stanley Milgram of Yale University conducted a controlled experiment in 1961 to observe what influences obedient responses to the commands of a figure in authority (Milgram, 1963). Summary of Experimental Procedure Subjects 40 male subjects were used in this experiment. They ranged from the ages of 20 to 50. They also came from a range of occupations and different educational levels (Milgram, 1963). The subjects were not informed about the true motive of the experiment. They were told that the...

Words: 683 - Pages: 3