...Case Study: Can Nice Guys Finish First? By Jeffrey Pfeffer I. Introduction Adam Baker was on his way to the top of his life. He is the oldest son of a middle class family of North Carolina without family wealth and businesses to support his ambition in life, he knew that he would have to make his dreams come true through hard work and talent. SES is the company that he is working for. In here, he felt that this would allow him to thrive and start his ambition. When the opportunity appeared, Adam realized that he could create something of his own. The new venture, in which he had successfully persuaded SES to invest to and had seemed only fair for Adam that he should be appointed as the CEO of the chain hotels but the phrase that was said to him by his employer and mentor, Merwyn, disappointed Adam deeply. Since Adam is the brain of the business venture it seems indeed fair that he should be the new CEO of the hotel chain. II. Objectives We will be able to find out the best solution that would fit the situation of the two good friends without affecting their relationship. We could identify the proper approached to be exercised in situations like this. We will be able to find out what is the right decision that Adam Baker will be choosing. If either he will pursue to Merwyn that he must be the new CEO of the hotel chain or he will just accept the decision of Merwyn that he be more experienced for him to be able to handle to task of a CEO. III. Issues/problems ...
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...BOB7024 Organizational Behavior & Design, Stephen P. Robbins & Timothy A. Judge, Organizational Behavior, 14th edition, 2011, Pearson Education Chapter 1 Case Incident 1: “Data Will Set You Free” Ford CEO Alan Mulally is known for starting meetings by saying “Data will set you free” and for trying to change Ford’s culture to one that is based on increased accountability, more information sharing, and hard metrics. “You can’t manage a secret,” he is also fond of saying. Although it’s not clear whether Mulally’s approach will work at Ford, which is known for its self-contained fiefdoms where little information is shared, some companies have found that managing people according to hard metrics has paid off. Consider Freescale Semiconductor, a computer chip manufacturer based in Austin, Texas. Freescale has discovered that in order to have the right people at the right time to do the right job, it needs an extensive and elaborate set of metrics to manage its 24,000 employees in 30 countries. Of particular concern to Freescale is retention. “There’s no greater cost than human capital, especially in the technology industry,” says Jignasha Patel, Freescale’s director of global talent sourcing and inclusion. “When you’ve got a tenured employee that decides to walk out the door, it’s not just one person leaving, it’s that person’s knowledge and network and skills.” To manage talent and prevent turnover, Freescale holds line managers accountable for recruiting, hiring, and...
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...to exist where employers responds to stimulus of their loyalty to organizational values. Every organization, big or small has a unique identity called culture. Firstly, companies with strong cultures are operating in stable and safe environments. Strong cultures helps organizations to function well or operate like “well-oiled machines” Furthermore having a strong culture, companies can tackle internal and external problems accordingly. For example Ford Motor Company in November 2008 who desperately needed a lifeline. The CEO Alan Mulally completely changed the culture of Ford Motor Company as the culture they had before was weak. To begin with, he stated that weekly meeting was a safe place. Sharing information and asking for help to get ideas was ok. Ford employees was use to Ford as many divisions and subsidiaries but Mulally changed all that into a simple global enterprise. Moreover Ford was not use to building vehicles that the public actually wants. The CEO motivated the employees by telling them to come together as a team and coming up with one plan and sticking to it. Strong cultures also have a lot of impact on organizations. Its positive impact includes improved alignment between employee behavior and corporate objectives. For instance it provides a clear guideline for action and effective communication between employees which result in fast decision making inside the firm which can result in high stock price income growth and return on investments. Organizations with...
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...recommend that best way to consolidate operations and determine the disposition of the 1,000 excess workers from the plants at Stevens Mills and Grandview. -These are people the VP wants to keep because of they are valued and have tenure with the company. This division should be the first to be reassigned. Sell the problem that forced the changes. -You want to get the people on your side so they can understand the reason for the changes. Get the people on your side. Use the time the company spends in the neutral zone to redesign the whole business: strategy, employment, policies, and structure. -The company has remained stagnant for many years. They need to go through a organization change process. Get the CEO to make a public statement acknowledging the tardiness of the company’s response to the realities of the workplace. -His candid conversation might get the people on his side. Make it clear up front that the company is headed into a protracted period of change. -The employees need to have a clear idea what is going on. This will help them cope with the change. Explain the purpose of the announced change, provide a picture and a plan for them, and describe the parts that people will be playing in them. -This will show the employees that an actual plan is in place to manage the change, rather than it all just being talk. Analyze who stands to lose what in the changes. -You have to figure out your loses so...
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...MGMT 338 International Business August 26, 2012 KFC’s Radical Approach to China The Factors Behind Their Success Westernized fast food chains are steadily growing in foreign countries. Kentucky Fried Chicken is one of the leading U.S. fast food chains currently in China. There are several factors that have contributed to KFC’s rapid expansion and success in China. The story of KFC in China is one of great success on an economic level, as well as a great example of international business. There are many factors behind KFC’s success in China which include, five competitive advantages: infusing a Western brand with Chinese characteristics, expanding rapidly, developing a logistics network, training employees in service, and focusing on ownership rather than franchising. KFC is part of the Yum! Brand, which also owns Pizza Hut and Taco Bell. KFC China’s success in the international market has all been due to its five competitive advantages. The first of these advantages is infusing a Western brand with Chinese characteristics. KFC China makes sure that even though it is a US chain and restaurant it has worked hard to assimilate into the Chinese culture. They have done this by offering a variety of menu choices that cater to the local cuisine. They have also expanded their kitchens and their workforce to be able to produce and accommodate for the additional menu options. Extended families are a big part of Chinese culture; KFC China has acknowledged this by increasing...
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...3 ETFs Set to Soar During the Recovery Exchange-traded funds (ETFs) have revolutionized investing. Giving individual investors access to sophisticated investing strategies available only to the pros just a decade ago. The best part: ETFs are cheap to own (very low expense fees). And they're liquid. Meaning you buy and sell them in real time just like stocks -- except that with an ETF you're controlling hundreds of stocks with a single trade! Giving you the power to instantly diversify your portfolio or quickly seize opportunities to profit from coming macroeconomic trends (like an energy crisis or a housing boom) that could push a basket of stocks up or down. A quick example: Want to tap into the wealth-building power of the international markets? (And hedge against your U.S. investments?) Purchase an ETF that tracks the developed international markets of Europe, Australasia, and the Far East (the MSCI EAFE Index). It's like adding 800 of the very best international stocks to your portfolio -- instantly! And for just 0.35% in annual fees. One more: You may have heard the old adage "Small caps lead bull markets." Truth is, small caps don't just lead into bull markets, they charge into them -- handing investors an average return that's more than double that of the S&P 500, according to data from RidgeWorth Funds (a Lipper Award-winning firm). Want to expose your portfolio to that kind of growth? All you have to do is snap up an ETF that mirrors the small-cap index --...
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...High School in California and often went to the after school lectures by Hewlett-Packard Company. It was there that he met his eventual partner, Steve Wozniak. Jobs would have his early beginnings working at Atari as a technician building circuit boards. In 1976, he would start the company Apple Inc. with Steve with funding from a millionaire investor. In 1984, he developed the Macintosh, which was the first small computer with a graphic interface in its time. It had promise to revolutionize the whole PC industry. However, bad business decision and internal stife with his CEO would eventually cause Jobs to leave his own company. He went on to start two other companies; NeXT and Pixar. Pixar would be acquired by the Disney Company and NeXT would be acquired by his own Apple Computers Inc. With the acquisition, he returned to Apple Computers Inc. in 1996 as interim CEO. From that time on, the rise of Apple Computers began again as the iMac would be developed. The famous iPod and iPhone would later be developed and it would revolutionize the whole handphone and MP3 player industry. Under his leadership, Apple Computers Inc. became a force to be reckoned with. In 2009, Jobs would have a personal net worth of $5.1 billion. However due to the need for a liver transplant, Jobs took a break from his work since January 2009. Transformational leader Dubrin defines a transformational leader as one who “brings about major, positive change for the group, organization or society”30...
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...| Michele Bezduch | 7/18/2012 | Google’s drive to become a zero-carbon company focusing on the use of renewable and sustainable energy. The search giant has an ambitious plan to achieve its goal: becoming the world’s most enery-efficient company (Dumaine, 2012). | Each day our culture ventures deeper into a more technologically advanced society, becoming increasingly dependent upon computer systems, smart phones, and other data transfer devices. Technological forward progress requires the servers and network infrastructure to be bigger, better, and faster in order to support our insatiable need to communicate with each other. As a result, greenhouse gas emissions rise contributing to an already problematic circumstance regarding clean air, climate change, and global warming. Google CEO and co-founder Larry Page has taken action to suppress the amount of pollutants generated by his organization. According to a Fortune Magazine article entitled Google’s Zero Carbon Quest, Mr. Page’s vision is to transform Google into a company that emits zero greenhouse gas; a difficult endeavor considering Google annually emits 1.5 million tons of carbon. His operating principle was to become part of the solution instead of part of the problem by achieving the formula RE<C, which equates to renewable energy, is cheaper than coal (Dumaine, 2012). Google’s strategy consists of three core concepts. The first is an energy efficient work environment which includes commuting habits...
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...CASE ANALYSIS: KASPERSKY LAB: FROM RUSSIA WITH ANTI-VIRUS Marketing Management Company Profile Kaspersky Lab (KL) is the largest antivirus company in Europe. It provides some of the world’s most immediate protection against IT security threats, including viruses, spyware, hackers, phishing, and spam. The Company is ranked among the world’s top four vendors of security solutions for endpoint users. KL products provide superior detection rates and one of the industry’s fastest outbreak response times for home users, large enterprises and the mobile computing environment. KL continues to further improve its market position, demonstrating significant growth in all regions. According to the company’s 2011 financial results, KL’s global revenue grew by 14% compared to the previous year and exceeded US $600 million. KL is an international group that operates in more than 100 countries worldwide. The company’s headquarters are located in Moscow, Russia, from which it oversees global operations and business development. KL currently (when?) employs over 2,400 highly qualified specialists. The company has its own territory offices in 29 countries and its products and technologies provide protection for over 300 million users worldwide. Analysis of the Company growth The most profitable area for KL in 2010 has been the IT security software and the enterprise endpoint protection which continues to play a growing role in the achievement of strong performances. The fast growth in...
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...Case Study ( Research in Motion (RIM) Richard Okusaga Ms. Kulic BOH 4M1-02 Friday May 5, 2011 I. Summary of the Facts • Research in Motion (RIM) is a multi-award-winning company that designs and produces hardware, software, and service solutions for wireless communications used by worldwide business and consumer markets (Case, 1). • RIM is a Waterloo-based company founded in 1984 by two University of Waterloo engineering students, Mike Lazaridis and Douglas Fregin. Today, Mike Lazaridis and Jim Balsillie, who joined the company in 1992, share the leadership role in the company as co-CEOs (Case, 1). • The first BlackBerry device came to market in 1999 (Case, 1). • In 2002, RIM was sued for patent infringement by an American company, NTP. The case was finally settled in 2006, with RIM paying NTP $612.5 million, the same year RIM had revenues of over $2 billion and a net income of $382 million, and having the board of directors still entirely made up of Canadians (Case, 1 & 3). • ‘“They're not seeing much demand for their high-end products because they've got so many new ones coming out and all of the competitive issues aren't getting any easier,” Robison said from San Francisco (Young).’ II. Statement of the Case RIM, through community contributions and succession in generating revenues, has the ability to continue to be a global leader in wireless innovation in a highly competitive business environment. ...
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...Apple Computers Inc. is an American-based multinational company that creates consumer electronics goods and computer software. Known for predominantly manufacturing personal computers and facing rocky sales and low market share during the 1990s; In 2001 the introduction of the iPod music player established Apple as a leader in the consumer electronics industry. Their latest success came when the company expanded its range of products and launched the iPhone, iPod Touch and it newest brainchild the iPad. Among their popular line of products are the iPad, iPhone, and Macintosh computers. The software products include the Mac operating systems, iTunes, iLife suite, and iWork suite. Today, Apple is the largest technology firm in the world, with annual revenues of more than $60 billion. Apple continues to expand its portfolio by branching out into other sectors of the technology industry with development, designing, and creative marketing campaigns of personal computers, communication devices, servers, network solutions, portable digital music devices, and all their related accessories. http://en.wikipedia.org/wiki/History_of_Apple Managing the finances of a company such as Apple is not an easy job. The responsibility of the fund manager is to be knowledgeable of the pulse of the market and to ensure the welfare of the their clients to acquire a good returns on their investments. Extensive market research is required to stay abreast of the trends. In some cases, specializations...
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...enter the market and become what they are today, the company had to go through a series of ups and downs which lead them to become a company with an estimated brand value of 153 billion. Apple first entered the public market in 1976 with the release of their first computer Apple I. Apple was profitable for a couple years and then they hit a slump. After a power struggle with the board of directors in 1985, Jobs was asked to leave Apple. 16 years later Apple was on the brink of bankruptcy, with a share price at $3.30. Jobs returned to Apple as an advisor, and then took control of the company as an interim CEO. Jobs brought Apple from near bankruptcy to profitability by 1998. Apple became successful for a lot of reasons but manly it used a market orientation strategy in which it was able to gather intelligence about customer’s current and future needs. As the new CEO of the company, Jobs oversaw the development of the iMac, iTunes, iPod, iPhone, and iPad, and on the services side, the company's Apple Retail Stores, iTunes Store and the App Store. The success of these products and services provided several years of stable financial returns, and propelled Apple to become the world's most valuable publicly traded company in 2011. In addition to revolutionary products Apple’s success in pricing, promotion, and distribution have also contributed to its popularity. Apple products traditionally are priced higher than its competitors. This is because it makes the brand seem more...
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...STEVE JOBS' UNCONVENTIONAL STYLE Steven Paul Jobs was the co-founder, chairman and CEO of Apple Inc. and also served as a chief executive of Pixar Animation Studios. Steve Jobs made lots of revolutions in the field of personal computers and smart phones. In the year of 2005, Steve Jobs displayed all unique characteristics and reasons for his success in the "Stay Hungry, Stay Foolish" speech in Stanford University. After this talk, the whole world recognized him in a detailed way. Regarding the supervision style, Steve Jobs was not an ordinary leader & manager that found a successful company. The most important thing behind his success was being different from others. He did not apply conventional rules on his job. He was known as a "high-maintenance co-worker" who demanded excellence from his staff and was also well known with his harsh criticism style. Furthermore, Jobs could even be arrogant, dictatorial, and mean-spirited. However; none of these qualities handicapped his success. Recently, modern management style defends that effective business leaders need to be nice, kind, humble and practice “servant leadership". I think that even though there were lots of controversies in his style according to modern management, he became a successful leader in his field. Moreover, after his death, his leadership style was shown as an example to all people who want to be leader. Firstly, he never confused leadership with management. Steve Jobs usually took a hard...
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...How the Democratic Republic of Google is testing China's appetite for democracy itself. Published Jan 15, 2010 Google's decision to defy Beijing's rules censoring the Internet could be seen as an isolated event—one company pulling out of China for a set of specific reasons. Certainly many other firms are acting that way, hoping to continue their pursuit of profits in the fastest-growing market in the world. But in fact Google's decision reflects important and expanding strains within China, and in its relations with the rest of the world. "China places unique limits on information," Google CEO Eric Schmidt pointed out to me last week. It is the only major country with an elaborate, formal system of censorship that all information-oriented companies must accept. That's why in China, if you type the words "Tiananmen Square" or "Dalai Lama" into Google (or Baidu, the country's leading search engine), you will find mostly blocked sites. At the same time, China has been busily developing the world's most elaborate apparatus devoted to cyber-spying and cyberattacks. Chinese hacking has ramped up over the past few years, directed not only at human-rights organizations, but, importantly, at foreign businesses and governments. Many, if not most, such attacks originate from China; former National Security Agency director William Studeman has called them the "biggest single problem" facing the U.S. national-security establishment. Great powers spy on each other, but China's efforts...
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...trading desk in reporting a LIBOR rate lower than its actually borrowing rates between it and other banks. While we do not know exactly the reason Barclay’s Treasury department cooperated in a scheme to report insincerely lower borrowing rates to its trading department, the obvious presumption is that somebody’s profit and loss in the trading department was extremely susceptible to a rise in LIBOR rates. Trading desks with LIBOR-dependent positions could be caught wrong-footed in a fast-moving interest rate environment, and a little help in keeping LIBOR nice and low at a certain level for a certain amount of time until the desk could unwind its position could have meant saving someone’s career or annual bonus. A wave of Libor-related prosecutions, led by a range of U.S. and European regulatory bodies, has led to several major settlements. All told, global banks have paid over $9 billion in fines, as of May 2015. More than one hundred traders or brokers have been fired or suspended, twenty-one have been charged, and several executives, including former Barclay’s CEO Bob Diamond and Rabobank CEO Piet Moerland, have been forced out. EU regulatory authorities settled their investigation into Barclays, Deutsche Bank, RBS, and Société Générale, fining the latter three banks a combined total of 1.7 billion euros, or over $2 billion. They were all found guilty of colluding to manipulate market rates between 2005 and 2008. In exchange for revealing the cartel to regulators, Barclay’s...
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