...50 Good Short Thoughts | Short Good Thoughts In English | Short Thoughts 1. It is not what you do for your juniors/subordinates/children that are important. It is what you teach them to do for them selves. 2. The world suffers a lot, not because of the violence of bad people, but because of the silence of good people. 3. A successful man is he who can lay a firm foundation with the bricks that others throw at him! Learn to accept criticism proactively and with grace. 4. Your success is determined by what you are willing to sacrifice for it. 5. No one will manufacture a lock without a key. Similarly the God does not give problems without solutions. Only we should have patience and courage to find them. 6. Success is not the key to happiness. But happiness is the key to success. 7. Do not complain about others. Change yourself if you want peace. It is easier to protect our feet with shoes than to carpet the earth. 8. Do not only be close with someone who makes you happy. Be close with someone who can not be happy without you. It may make a lot difference to him at least. 9. Bill Gates never did LaxmiPooja but he is the richest man. Einstein never did SaraswatiPooja but he was the cleverest man. So just believe in hard work. 10. You can tell whether a man is intelligent by his answers. But you can tell a man is wise by his questions. 11. Slow down and enjoy life. It is not only the scenery you miss by going fast but you also miss the sense of where you are going and...
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...Jahurul Islam redefined the concept of business and industries in Bangladesh. He was the king of Bangladeshi business sector. The history books rightly states him as the father of Bangladeshi business. Business was in his blood since he belonged to a traditional business family. Jahurul Islam ventured into the business sector as early as 1964, with his company 'Islam Group'. Since then Islam Group has diverged into multidimensional sectors including engineering, construction, trading and even manufacturing. The company, over the years, concentrated in other sectors including pharmaceuticals, textiles, jute, aviation, ceramics, media, real estate, finance, construction and even something as vital as energy. Through the variety of his concerns, Jahurul Islam has shown diversified thinking capability that no one in his generation possessed. His unique way of thinking and leadership also resulted in Islam Group to be one of the leading industries in Bangladesh. Perseverance is one of man's greatest qualities; Jahurul Islam possessed that quality. It naturally transformed him to be a great businessman and leader. He faced a lot of problems during the three decade sway over his company; however his patience and his brilliance together made Islam Group number one company in the country. Besides being good businessman, he was also a humanitarian. He founded Jahurul Islam Medical College and Hospital, for the betterment of the country. Although the institute officially began...
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...Choice of Ending the Cycle Lawrence Miller Jr. Composition I Instructor Hewlett April 25, 2015 When does the cycle come to an end? Better yet do I start the process to change the cycle? I sit for days on end, trying to collect my thoughts of what I picture my life would be like, rather than the images of my childhood. Images of my mother being beaten by my father, will forever be a stained memory in my brain. Missing out on growing up with my siblings, because of the choices I made. The only solution my mother could come to was sending me away. This cycle of being a deadbeat father, uneducated, abusive and alcoholic now I was carrying the burden on my shoulders. One day I said I can’t continue down this path. After all the headaches, stress, endless jobs my decision became very clear, college is the final decision. I realize if I want to strive for greatness and become a solid provider, role model for my family, secondary education is required. My days as a child, I could remember sitting in my room dreaming of what I wanted my life to be like. I told myself I would have a family, house and awesome job. Over the years my dreams started to become further near. As I begin to look over my life I realized, I was following the same path as my parents. It began when I had my first child at 18, just as my father had me. The cycle had begun, I wasn’t even aware that my life was about to go down a winding path. Birth is the beginning of life, as a newborn you are a virgin...
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...envisioned future – these are the essentials that constantly reminds us of who we are and where we’re going. Having read the article “Building Your Company’s Vision” by James C. Collins and Jerry I. Porras makes me want to think of doing things that contribute to the general welfare rather than doing things because I just have to. It gives me purpose and something that keeps me going. It gives me reasons to love what I do and to pursue excellence in order that I may fulfill my purpose and satisfy my personal needs that goes beyond the salary, needs that seek deeper than what it looks on the outside. It defines mine and the organization’s being linked together. The companies that have been mentioned have long been recognized successful and famous in their own industry and this article explains why they are where they are now. Such motivational stories would be of great help to those organizations who seek improvement and development in their structure as a whole. Keeping up with this dynamic world isn’t easy and every organization needs something to hold on so they won’t lose their balance and just fall off from the cliff where they stand. One wrong move and everything will be messed up. This gives them the core that is unchanging, the core that is permanent and lives within the organization, the people, and everything is geared because of that certain thing. This article stresses the importance of having core ideology and core purpose so people within the organization...
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...Book Review of Built to Last (Best of the Best) Built to Last: Successful Habits of Visionary Companies is a book written by Jim Collins and Jerry I. Porras.. It was published in the Year 1994. This Book is a result of Six year research project how visionary companies are established. While reading this book, I found that there are 2 objectives No.1 to learn the characteristics of Visionary companies 2. To highlight the practical and analytical and logical approach of doing a research so that they influence the practice of management. This Book will also be helpful for those people who have a certain vision in their minds of establishing their business. The research is based on true and practice examples with thorough research work. It is said to be one of the most influential books with respect to management. In the 1st Chapter Best of Best it clearly defines what a visionary company is. According to Author the company is a visionary company who has a clear mission of making money and making people happy. It is also combined with core values and pertaining big goals. He also says that that they are established before 1950’s. , well admired by knowledgeable people, have gone through multiple product or service life cycles. I completely agree that a visionary company has to have clear goals and the ability to sustain them. But it is not necessary that it should be established before 1950. There are visionary companies that established after 1950. For example Reliance Industries...
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...rally your thoughts and give you the drive or foresight to be the best leader. Instead he made me think and I answered the simple basic questions he posed. When Porras talked about leadership, he asked simple questions, as a leader where do you see yourself or the world in the future, and how does it affect the way you lead? Porras’ co-wrote a book called “Built to Last” which studied the fundamental differences about visionary companies and how they differ from other companies. A visionary company is a company that had or has a significant impact on the world. It is also a company that is widely admired by its peers and that it has a long track record of success. It also has multiple generations of leaders, product growth and a successful industry cycle. An enduring company is defined as a company that is thriving and doing well for at least a period of ten years. Porras talked about companies who in the beginning where small, then grew to medium and continued to grow. These companies had to endure the pain of ups and downs and turbulent times but in the long run they remained viable. With the market, comparison and visionary companies; the comparison companies out preformed the market company four to one, and the visionary companies out performed sixteen to one. Companies that had high performance were also involved in their community and also had an impact on the culture. In leaderships roles you have a founder of the company or you could have a leader who...
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...[22:02:48] simas: Goal 1 [22:02:51] simas: Goal 2 [22:02:55] simas: and Goal 3 [22:02:59] simas: :) by eli goldratt [22:03:13] simas: than [22:03:17] simas: The choice [22:03:20] simas: by the same author [22:03:25] simas: :) a bit much harder [22:03:26] simas: read [22:03:35] simas: actually not an easy [22:03:36] simas: way [22:03:43] simas: read [22:03:47] simas: not way [22:03:56] simas: but still interesting [22:04:15] simas: Funky business [22:04:21] simas: i think there are 2 books [22:04:23] simas: funky business [22:04:26] simas: and funky business 2 [22:04:27] simas: :D [22:04:40] simas: han how to clone a blonde i think its called this way [22:04:45] simas: tipping oint [22:04:47] simas: point [22:05:05] Lusya: oki doki, these all sounds grrrreat! [22:05:22] simas: Who moved my chease [22:05:25] simas: ? [22:05:41] simas: Than [22:06:02] simas: Purple cow [22:06:03] Lusya: you read all of the above?! [22:06:07] simas: yeah [22:06:13] simas: maybe 1 or 2 books i havent [22:06:22] simas: dont remmber need to re read [22:06:24] simas: :D [22:06:29] Lusya: wow [22:06:45] Lusya: book possessed u r lol [22:06:54] simas: I read them during the years [22:06:55] simas: :)) [22:06:59] simas: soo not all now [22:07:00] simas: :)) [22:07:02] simas: but yeah [22:07:05] simas: let me se there are more [22:07:15] Lusya: very well done man, no seriously [22:11:41] simas: Now [22:11:42] simas: a [22:11:46] simas: list of books i did not read ...
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...Good to Great: Why Some Companies Make the Leap... and Others Don’t ‘Good things take time, but great things happen all at once.’ – Rat Race. Jim Collins counters criticisms on Built to Last with Good to Great, by unfolding sought-after information on how to turn a company into a great one. ‘Good to Great: Why Some Companies Make the Leap…and Others Don’t’ written by Jim Collins in 2001 is the outcome of a rather ambitious research project. Collins and his team studied 11 companies, chosen out of 1,435 companies, which were able to transform themselves from ‘good’ companies to ‘great’ companies. These 11 companies were included based on at least 15 years of advanced performance. The research demonstrates the course of action that ‘good’ companies take on their journey to becoming ‘great’. Jim Collins began his research as a Stanford Graduate School of Business faculty member. At Stanford University, Collins has degrees in mathematics and business administration, as well as degrees from the University of Colorado and the Peter F. Drucker Graduate School of Management at Claremont Graduate University. In 1995, he founded a management laboratory in Boulder, Colorado where he continues to perform research and discuss his findings with executives from social and corporate areas. Collins has worked with CEOs in several companies and social sector organizations. He is the author and co-author of five books that revolve around his research including Built to Last, with Jerry I. Porras...
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...PROJECT IN QUALITY Nikolas Bellosillo TC303 INTRODUCTION This book review is for our QUALITY subject with our professor Mr. R. Romero. The book is entitled Built to Last: Successful habits of Visionary companies By Jim Collins and Jerry Porras, published by HarperCollins Publishers. Built to Last is a blueprint for building organizations that will endure long into the twenty-first century. "This is not a book about charismatic visionary leaders. It is not about visionary product concepts or visionary products or visionary market insights. Nor is it about just having a corporate vision. This is a book about something far more important, enduring, and substantial. This is a book about visionary companies." So write Jim Collins and Jerry Porras in this groundbreaking book that shatters myths, provides new insights, and gives practical guidance to those who would like to build landmark companies that stand the test of time. Drawing upon a six-year research project at the Stanford University Graduate School of Business, Collins and Porras took eighteen truly exceptional and long-lasting companies -- they have an average age of nearly one hundred years and have outperformed the general stock market by a factor of fifteen since 1926 -- and studied each company in direct comparison to one of its top competitors. They examined the companies from their very beginnings to the present day -- as start-ups, as midsize companies, and as large corporations...
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...“Visionary companies are premier institutions – the crown jewels – in their industries, widely admired by their peers, and having a long track record of making a significant impact on the world around them.” Visionary leaders and breakthrough ideas come and go, but visionary companies survive the transitions. The “successful habits” of the visionary companies were observed in comparison to “silver medalist” companies in the same industry. Both the visionary and comparison companies outperformed the market, but the visionary companies demonstrated extraordinary long-term results. The tandems most frequently referenced in the book are GE/Westinghouse, HP/Texas Instruments, Motorola/Zenith, P&G/Colgate, Merck/Pfizer, and Wal-Mart/Ames. These comparisons dispelled commonly held myths regarding the nature of exceptional companies. Myth Reality 1 It takes a great idea to start a great company Visionary companies did not demonstrate early success 2 Visionary companies require great and charismatic visionary leaders Leaders of visionary companies were focused on building great institutions as opposed to building their individual reputations 3 The most successful companies exist first and foremost to maximize profits Visionary companies are characterized by the pursuit of multiple priorities only one of which is making money. 4 Visionary companies share a common subset of “correct” core values Visionary companies are ruthless stewards of their actual values 5...
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... envisioned future – these are the essentials that constantly reminds us of who we are and where we’re going. Having read the article “Building Your Company’s Vision” by James C. Collins and Jerry I. Porras makes me want to think of doing things that contribute to the general welfare rather than doing things because I just have to. It gives me purpose and something that keeps me going. It gives me reasons to love what I do and to pursue excellence in order that I may fulfill my purpose and satisfy my personal needs that goes beyond the salary, needs that seek deeper than what it looks on the outside. It defines mine and the organization’s being linked together. The companies that have been mentioned have long been recognized successful and famous in their own industry and this article explains why they are where they are now. Such motivational stories would be of great help to those organizations who seek improvement and development in their structure as a whole. Keeping up with this dynamic world isn’t easy and every organization needs something to hold on so they won’t lose their balance and just fall off from the cliff where they stand. One wrong move and everything will be messed up. This gives them the core that is unchanging, the core that is permanent and lives within the organization, the people, and everything is geared because of that certain thing. This article stresses the importance of having core ideology and core purpose so people within the organization...
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...The halo effect refers to a bias whereby the perception of a positive trait in a person or product positively influences further judgments about traits of that person or products by the same manufacturer. One of the more common halo effects is the judgment that a good looking person is intelligent and amiable. There is also a reverse halo effect whereby perception of a negative or undesirable trait in individuals, brands, or other things influences further negative judgments about the traits of that individual, brand, etc. If a person "looks evil" or "looks guilty" you may judge anything he says or does with suspicion; eventually you may feel confident that you have confirmed your first impression with solid evidence when, in fact, your evidence is completely tainted and conditioned by your first impression. The hope that the halo effect will influence a judge or jury is one reason some criminal lawyers might like their clients to be clean-shaven and dressed neatly when they appear at trial. The phrase was coined by psychologist Edward Thorndike in 1920 to describe the way commanding officers rated their soldiers. He found that officers usually judged their men as being either good or bad "right across the board. There was little mixing of traits; few people were said to be good in one respect but bad in another."* The old saying that first impressions make lasting impressions is at the heart of the halo effect. If a soldier made a good (or bad) first impression on his...
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...Successful FDI Brenda’s Fine Furniture is a very successful and becoming a household name around the Unites States and in foreign countries because of the innovative and creative structure that suits families and businesses. The furniture gives customers the ability to be elaborate in small dwellings as well as large ones. Many European countries are impressed with the western styles. It has been determined by this company that it would be beneficial to become global. In order to Brenda’s Fine Furniture can enter the Europe market through FDI. The multinational enterprise can invest directly in the production or other facilities in Europe over which has effective control. Manufacturing FDI requires an establishment of production facilities in Europe. Horizontal FDI approach would be use because the same product (furniture) produce in the U.S. will be produce in Europe. This represents a geographical diversification of the MNE domestic product line. Sharing experiences, resources, and knowledge can be shared to reduce risk and cost. Horizontal FDI enables a MNE to quickly establish its competitive advantage in the host country because a company’s key competencies are more transferable. According to Journal of US-China Public Administration (2010), there are relatively specific advantages within given industries between developed countries are exchanged in horizontal or intra-industry. Most FDI is horizontal. In order for the new MNE furniture to benefit...
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...versus some alternatives; What is the impact of their choice in FDI on the host-country, as well as home-country. What are the primary factors in why Cemex has chosen Foreign Direct Investments versus some alternatives? There are several options to consider when a company wants to move into the international global market. The biggest questions firms usually ask is, “Why do firms go to all of the trouble of establishing operations abroad through foreign direct investments when two alternatives, exporting and licensing, are available to them for exploiting the profit opportunities in a foreign market?” (Hill, 2008). This question was undoubtedly debated heavily by Cemex prior to investing in foreign markets. One of the industry specific novelties of cement manufacturing, is the product itself. “The company sells ready-mixed cement that can survive for only about 90 minutes before solidifying, so precise delivery is important” (Hill, 2008). This industry is already at a predisposed peril if it were to consider exporting their goods. The cement industry requires this product to be made on site. Due to this requirement, Cemex could have considered Licensing, “Occures when a firm grants a foreign entity the right to produce its product, use its production processes, or use its brand name or trademark in return for a royalty fee on every unit sold” (Hill, 2008). Licensing is a very real alternative to FDI. The answer to Cemex’s decision ultimately lies in the fundamental...
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...Investment (FDI) is increasing in the world economy. It plays an important role inthe growth process of an economy. Various FDI theories provide the motivations and determinants ofFDI. Economists broadly classified the FDI theories into macro-level and micro-level FDI theories. Themacro-level FDI theories give the macroeconomic factors that determine the FDI and micro-leveltheories discuss the motivation of FDI associated with the firm level. Besides these two categories,the development theories of FDI also discussed the motivation of FDI flows. JEL Classification : F21, F23. Key words: FDI theories, macro-level FDI theories, Micro-level FDI theories, DevelopmentFDI theories.The Foreign Direct Investment (FDI) theories can be classified broadly into twocategories. One is at the macro level and the other is at the micro level. Again at the macro-level, we have capital market theory, Dynamic macroeconomic theory, FDI theories based onexchange rates, FDI theories based on economic geography, gravity approach to FDI and FDItheories based on institutional analysis. At the micro-level, we have the theories likeExistence of firm specific advantages (Hymer), FDI and oligopolistic markets, Theory ofinternalization, and Electic FDI theory (John Dunning). Recently another type of FDIcategories discussed by the economists is the development theories which combine both themicro level and macro-level FDI theories. The development theories are Life cycle theory,Japanese FDI theories and...
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