...reaction to change from the employee and organizational view points. The characteristics of Ethical Intensity are reviewed as pertaining to the decision making process. It identifies the Decision Making Model and Approach to Change that Scout Mortgage used in revamping its human capital structure. Nature of Change The 21th Century has ushered in several factors that have been the catalyst for a dynamically transforming environment. Scout Mortgage, a loan mortgage broker since 1999 (Hellriegel & Slocum, 2009) has experienced the bullish and the bearish economic environment. In a work environment, the typical factors of change are driven by technological advancements which enable global-market-reach or globalization. With the increase of information technology and global communications, the world is communitively smaller. Any situation that affects a local market can be transformed into a national or international issue. The domestic housing sector economic downturn along with other Wall Street unethical and irresponsible actions have not only lead to a national but international recession and market collapse. In the case of Scout Mortgage, the technological advances have changed the way the company’s Loan Officers conducts business. Technology has automated a lot of task that where the responsibility of the loan officer. This decrease of responsibility along with the derailed housing market has forced Scout’s leadership to make an unwelcomed change. Change Reaction Typically...
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...league baseball players have been scouted for decades. In Richard Thaler’s review of the bestselling novel, he explores how the common mistakes made by most scouts when making decisions are not unique to the sport of baseball. An overarching belief in baseball is that experts accurately predict the success of a player. It seems traditional baseball scouting has developed specific heuristics to decide which players to draft. But this scouting method can be subject to biases when not used properly as each expert has his/her own biases which, if not carefully checked, can color their decisions in subtle ways. As Thaler notes, many player were simply ignored because “they did not match up with the scouts' mental prototype of a successful ballplayer”. What followers of sabermetrics – the practice of using empirical analysis to measure in-game activity- proposed was that “reliable statistical evidence will outperform … heuristic(s) every time” and is a far better indicator of a player’s success. (Thaler, 2003) When Billy Beane, the main focus of Moneyball, “relied on objective evidence, explicitly ignoring anything that could be dismissed as ‘subjective’ he was going against a social norm in baseball scouting. (Thaler, 2003) Many scouts were using “baseball's conventional wisdom” to scout major league players. Granted, for the scouts portrayed in Moneyball, this scouting method had been, to some degree, successful, otherwise it would have not become the status...
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...WEB ANALYTICS DEMYSTIFIED AND ALTIMETER GROUP SOCIAL MARKETING ANALYTICS A NEW FRAMEWORK FOR MEASURING RESULTS IN SOCIAL MEDIA JOHN LOVETT AND JEREMIAH OWYANG WITH ERIC T. PETERSON, CHARLENE LI AND CHRISTINE TRAN EXECUTIVE SUMMARY Business Must Adopt A Measurement Framework For Success. The rapid evolution of the web and digital media over the past decade illustrates that we operate in an environment that is constantly in flux. Technologies emerge, communication channels open and consumer behaviors adapt. These changes are apparent in the ways in which consumers interact with marketers and their brands as well as the ways in which consumers empower one another. Yet, as consumer connections, networks and relationships spider to the edges of the globe, marketers take their messages to social media channels with reckless abandon. Organizations that view social marketing as experimental forays jeopardize the relationships they have with their customers because consumers do not regard their actions as frivolous endeavors. They’re making decisions based on the new information they learn from their networks and using that knowledge to take actions and influence others. These actions leave indelible impressions upon brands and the consumers that interact with them. In an effort to help clients better understand the value of these emerging channels on their business, Web Analytics Demystified and Altimeter Group interviewed dozens of companies who are active participants in social...
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...Comparative Writing What is a comparative writing? Comparative writing asks that you compare at least two (possibly more) items. These items will differ depending on the assignment. You might be asked to compare • positions on an issue (e.g., responses to healthcare in Canada and the United States) • theories (e.g., capitalism and communism) • figures (e.g., Auto production in the United States and Britain) • texts (e.g., Shakespeare’s Hamlet and Macbeth) • events (e.g., the Great Depression and the global financial crisis of 2008–9) Although the assignment may say “compare,” the assumption is that you will consider both the similarities and differences; in other words, you will compare and contrast. Make sure you know the basis for comparison The assignment sheet may say exactly what you need to compare, or it may ask you to come up with a basis for comparison yourself. • Provided by the question: The question may ask that you consider the gradual loss of morals by major characters in Yann Martel’s Life of Pi and George Orwell’s Animal Farm. The basis for comparison will be the loss of morals by central figures in each text. • Developed by you: The question may simply ask that you compare the two novels. If so, you will need to develop a basis for comparison, that is, a theme, concern, or device common to both works from which you can draw similarities and differences. Develop a list of similarities and differences Once you know your basis for comparison...
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...Krayat home of the Mandolarian splinter sect known as the Spartans was colonized just after the Mandolarians lost the war with the Republic. The main Mandolarin forces splintered after their defeat with only a fraction avoiding the Republics retribution. The Spartans had lost their home system to the Republic army. The Spartan Mandolarins gathered as many of their people as possible and punching a hole in the blockading Republic forces escaping into hyperspace. The main bulk of the Spartan Mandolarins stayed behind savaging the Republic fleet and ground forces before being wiped out. This sacrifice prevented the Republic from determining where the escaping refugees had headed. Traveling for two months further and further into the unexplored regions of the outer edge of the galaxy the refugee armada arrived at what would become their new home. Krayat they named the new system after a fierce dragon from their home system. The system contained a red giant star and 14 planets. 6 of the planets were gas giants with 4 to 12 moons each. 2 were to close to the sun to be life sustaining. 4 were beyond the life zone and were froze rocks. That left 2 viable planets in the life zone and each had developed ecosystems with no indigenous intelligent life. The half a million refugees crammed onto the warships and civilian ships began to rebuild. A millennium later the Spartans have changed little in their life philosophy. The war with the Republic has been kept alive through tradition...
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...Tyler Kerth Management 521 Report #1 1. Do you feel that the Bearington plant has the right equipment and technology to do the job? Why? I feel that the Bearington plant’s source of problems and concerns are emerging from a deteriorating equipment, poor management system, and staff that aren’t properly fit for this type of job. In chapter one, as Alex Rogo starts walking through the plant he observes the plant’s equipment was making inexplicable noises. There were outdated lights, computer systems, and an intercom system that could barely be heard over all the sound of the machines. On the other hand, the author was describing the employees as raggedy looking and some were over weight. The master machinist that was in charge of the NCX-10 wasn’t focused on his job and caused the machine to break, thus putting the plant further behind on the order of 41427. Mr. Peach, the Division Vice President is also a key source to the problem at Bearington. Employees at this plant should respect his authority, but they don’t due to his self-centered and stand-off attitude. Peach has also cut many employees from the company and still expects the plant to perform the same if not improve. Technology at the Bearington plant might be somewhat outdated, but management seems to be driving the plant further behind in there orders. 2. How does Jonah define "productivity"? Jonah tells Alex that productivity is the act of bringing a company closer to its goals. Jonah explains that Alex...
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...Corporate Communication Article Summary Technology Transforms Corporate Communications Tina Kelly Dr. Wills Southern New Hampshire University OL 690 09/14/2014 Technology and social media is becoming a driving force in the success of businesses and communication within them and their consumers. While these new media options compete with corporate efforts to reach today's increasingly distracted audience, Crescenzo said they also create new opportunities to not only connect and share information, but also to create new relationships and gain valuable feedback. Never accept these words again: 'That's the way we've always done it around here.' Because the way you've always done it doesn't work anymore. Kirby, L. D. (2012, Apr 12) This article enlightens readers on using social media and technology to improve communications internally and externally. In nearly all organizations, employees serve as the first audience of communication that could possibly be the demise or gainful future of the organization. Crescenzo has an idea of implementing a social network strictly for employees. Within this social network employees are able to vent and voice their complaints they have noticed within the organization, without fear of being reprimanded. Studies have shown that this system has decreased the amount of gossip and downgrading the company in the public eye. Also within the social network employees will be the first to see advertisements, publications, etc. This will...
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...My Success Strategy Plan Jennifer Hellams Colorado Technical University Online UNIV101 June 19, 2011 Success Strategy Plan Step 1: Student Success Strategies For this step of your plan you will reflect on Student Success Strategies that you have learned in this course that will help you be a successful student. Please do this by answering the questions that follow. (You may want to review the answers that you submitted from the Phase 2 Discussion Board. You will want to also review your instructor’s feedback and integrate changes as necessary.) 1. What three success strategies (from the Student Success Strategies Guide) will you plan on using throughout your degree program to help you be a successful student? The 3 strategies that I have chosen to adopt are making a “to-do list”, breaking larger projects down into more manageable chunks and balancing work and school. 2. Why will these strategies be most beneficial to you? MS can challenge your cognitive abilities and mess with your short-term memory. The longer I manger this disease the more I see this symptom. With that being said, making lists of what I need to get accomplish will be a great help. I see this as an on-going living list that will change often. I see this being an electronic list so priorities can be rearranged and updated easier. Breaking tasks into more manageable chunks I think will be essential to my success. I sometimes get so wrapped up in the over size of a project and get overwhelmed...
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...promoted beauty ideals and reality. As women gain political and social ground, beauty ideals are held to higher extremes of slenderness and perfection. Another social force for clients is they face uncertainty of changing consumer desires as they are highlighting the importance of healthy lifestyles and body types. Demographics For fashion models age is a very strong factor in the selection process. Models are usually discovered between the ages of 12 to 20 by agents or scouts. High fashion modeling agencies often demand height and body shape requirements and have strong preferences for standards. With cultural diversification of the Western world, ethnic diversity is becoming an important factor for all people in the modeling industry. Moreover, various races and backgrounds are becoming progressively noticeable. Anita Norris needs to be aware of the changing demographic trends in the modeling industry Technological Factors With the internet and digital technology, global networks of scouts and agencies have unlimited access to clients and models around the world. Agents are able to snap pictures and videos on digital cameras, and they can email these as virtual casting packages to clients anywhere around the globe. The modeling industry has benefited considerably from the start of the internet. Many of...
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...In 1936, Johnny Colera began selling hot dogs at his lunch counter in Jamestown, New York. Thanks to his special chili sauce and savvy business management, his restaurant, named Johnny’s Lunch, became a huge success and a local institution. Johnny’s Lunch offers good food, low prices, top-notch service, and a unique store atmosphere, featuring Johnny’s hot dogs, burgers, fries, onion rings, and shakes, as well as less common options like homemade rice pudding. The restaurant now wants to grow into a national QSR (quick-service restaurant, or fast food) leader similar to McDonald’s. The company is currently led by two of Colera’s grandchildren, Anthony and John Calamunci, and a newly assembled team of executives with experience in the QSR industry. Growing the company from its humble origins into a national presence faces significant challenges. One will be to retain the restaurant’s small-town, local flavour as franchises proliferate across the country. Accomplishing this goal will require a coordinated effort. Another challenge for Johnny’s Lunch will be to sustain growth despite the impact of a weak economy. Analysts predict that the slow economy will threaten growth potential for QSRs; it’s estimated that the sector’s annual growth will slow to 2% or 3%, down from much higher rates during more promising times. The company hopes that familiar and cheap food will translate to success even in an economic down turn during 2009 and beyond. Management wanted to expand to 30-50 restaurants...
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...role towards the individual, environment and society. Our Vision and Mission statements Vision: To protect the international public interest and to serve the community with the best products and high quality services. Mission: What is good for the community is good for the company. We are committed to delight our customers with the best quality products in geographic dispersed markets using the most advanced technology, and keep recruiting, developing, and motivating our employees. We are concerned for the survival, growth, and profitability of the company through adhering to the ethical and environmental standards. The social spirit of our firm motivates us to keep enriching the lives of our people. Opportunities and Threats: Opportunities: 1. Sanita took advantage of the weak service of international companies in the sector of baby diapers. 2. Conferences & Exhibitions: Sanita sponsors regional United Nations conferences devoted to industrial topics, local exhibitions related to its core business activities, and exhibitions/events for children, scouts, and sports clubs. 3. Sanita has great opportunities to expand and go global. 4. Manufacturing and exporting blue tissues to England, which are common there. Threats: 1. High cost of utilities (Electricity and energy) 2. High cost of clearing and forwarding the goods at the Beirut port. 4. Limitation of...
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...Running Header: Special Interest Special Interest Jermall Cuffee Professor: Dr. Jane El-Yacoubi POL 110 03/03/13 So, when the election is all over. What can the average American do to stay involved in the political arena and not have to wait for the next election? There is one significant way of influencing American government and that is through an Interest Group. Interest Groups also known as advocacy groups, lobbying groups or special interest, are in place to persuade or prevent changes in public policies. They exist for the solemn purpose of conveying the views and defending the interest of a part of society to public officials. There are all types of interest groups in America from animal rights groups to public interest groups to citizen groups. Interest groups get there start when James Madison developed the theme in “The Federalists (No. 10). In it he discussed factions, which was his term for interest groups and Madison believed that will always have diverse interest especially when it comes to economic circumstances and property ownership. Even though interest groups can be found deeply rooted in many different traditions and cultures such as Germany, they are common threads that can be observed in the development of interest groups mostly in Western industrial societies. There are about four phases in which the development of interest groups can be viewed. In what is called the first phase or the preindustrial phase beginning in the 1830s to the 1870s, there...
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...Edmunds Case Analysis 1. SWOT Analysis Strengths: Has been in business for more than 2 decades Has hard working, loyal workers The business employs over 100 people, many of them are neighbors Skilled and loyal employees Has a reputation for reliability and exceptional, personalized service The business has a market share that is holding steady at 75 percent The business has a good management style Weakness: Thought for certain the company was well positioned for steady growth Area of business is rural The web page on the internet, does little beside give a basic description of the company Right now the business is only in the domestic market The products and service is only for the box industry Replacing skilled workers is going to be difficult Original employees are now nearing retirement Opportunities: 50,000 square foot factory has room to grow The brightest and best young people are right in this area Though highly fragmented US corrugated box industry certainly qualified as a mature one, no one seriously expected US manufacturers to be dislodged from their position as major producers for both domestic and export markets. Better use of the internet and web page Threats: Consolidation in the paper industry wiped out hundreds of US plants and many of the survivors either opening overseas facilities or entering into joint ventures abroad. Investment of higher quality machines by companies broke down less frequently, thus they do not need the service...
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...The Sophisticated Innovator The Innovation Value Chain Rather than reflexively importing innovation best practices, managers should adopt a tailored, end-to-end approach to generating, converting, and diffusing ideas. by Morten T. Hansen and Julian Birkinshaw Mick Wiggins E XECUTIVES IN LARGE COMPANIES often ask themselves, “Why aren’t we better at innovation?” After all, there is no shortage of sound advice on how to improve: Come up with better ideas. Look outside the company for concepts and partners. Establish different funding mechanisms. Protect the new and radically different businesses from the old. Sharpen the execution. Such strategic counsel, however, is based on the assumption that all organizations face the same obstacles to developing new products, services, or lines of business. In reality, innovation challenges differ from firm to firm, and otherwise commonly followed advice can be wasteful, even harmful, if applied to the wrong situations. hbr.org 1179 Hansen_new.indd 121 | June 2007 | Harvard Business Review 121 5/2/07 8:05:09 PM The Sophisticated Innovator Consider how two different CEOs confronted the innovation challenges facing their companies. When Steve Bennett joined Intuit, the maker of the financial software programs Quicken and QuickBooks, in January 2000, it was a company with lots of ideas – most collected from outside the organization – but little discipline for bringing those ideas to market...
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...Organisations have to go through a process of practice, mistakes and to bring together different knowledge, skills and ideas to manage innovation process to success.( Tidd and Bessant 2010) This essay will try to describe the practice and routines that any organisation can follow to achieve success in the innovation process. Definition of innovation The word innovation comes from the Latin word “innovare”, which means “to make something new” (Tidd and Bessant 2010). Innovation is a deceptive thing. People usually relate it to a development of a new or better product or process, but it is only one part of process called innovation (Trott 2008). Porter,M., 1990 defined “...approach innovation in its broadest sense, including both new technologies and new way of doing things.” Looking at the different definitions we can see that all the researchers measured innovation as a process, which has to be established in the company for continued enhancement. In reality, a view of innovation as a single action can never make the company to succeed in the long run. There are two different types of innovation; radical and incremental. Incremental innovation consists...
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