Next, I would like to talk about ethical complexities and challenges facing businesses that operate internationally, mainly focusing in on multinational corporations and the ethical problems they face. As recently as a decade ago, many companies viewed business ethics only in terms of administrative compliance with legal standards and adherence to internal rules and regulations. Today the situation is different. Attention to business ethics is on the rise across the world and many companies realize that in order to succeed, they must earn the respect and confidence of their customers. Like never before, corporations are being asked, encouraged and prodded to improve their business practices to emphasize legal and ethical behavior.
We want to maintain our traditions and beliefs while at the same time moving forward and growing our business. I would like to propose change take place to suffice these growing times. I feel that while this company has been doing fine this far, to get ahead and to continue to stay ahead I do recommend that we modify some of our methods. I have created a change plan with all the details listed. This change I am recommending will take place in the sales department.
I was also responsible for preparing the annual reports and financial analysis according to our projected cash flows and asset amounts. However, though I have experienced great pleasure in materializing a corporation, I was more surprised to find that such knowledge and expertise as cost control, financial management, project management, and so on are the center of business competition aroun... ... middle of paper ... ...ossible. Guidance from a mentor can have a profound effect on my career development and advancement. After several years when I have equipped myself with rich experience and well-knit professional knowledge, I will pursue a more responsible position in accounting firms. I believe that a higher position will bring me more chances to participate in high-level decision making process which can enlarge my views of the business, not just focusing on the accounting aspect.
I grew interest in business by watching my businessman father facing everyday challenges and setting new strategies for his business. For my passion toward business, I decided to study Business Administration right after my Higher Secondary Examinations. And then I got myself admitted into Khulna University securing the 1st position among 5000 examinees in the admission test. I have a strong desire for business knowledge in the area of management and administrative sectors. I always try to quench my thirst for business knowledge by reading a wide variety of business related books and by closely inspecting real-life business problems.
Peter Cappelli presents his readers with what I would like to bring to HR when he says, “One of traditional HR’s biggest difficulties has been supporting business strategy, because it’s such a moving target these days”(137). The way of the future for Hr is to align business strategy with HR to bring coherence between the both. When HR is engaged within the business strategy of their company, this will bring unity thus contribute to higher profits. Another change in HR talked about in the same article by Cappelli is, “Companies seldom have long-term plans with straightforward talent requirements”(138). Hiring from within a company’s workforce is cost effective on many levels.
“He and the City Council brought a number of major corporations to the city, including TransAmerica, Harley Davidson, and Citi Corp. Cleaver also led the effort, after a forty year delay, to build the South Midtown Roadway (“Full Biography”).” Bringing major corporations to the city he has provided jobs and a way for citizens to provide for themselves and their families. Along with helping with jobs, he has brought on many projects to help improve our downtown area. The first one being, the South Midtown Roadway in 2000 and the most recent one being the creation of the Green Impact Zone in 2009. “The Green Impact Zone is aimed at making this high crime area the environmentally greenest piece of urban geography in the world (“Full Biography”).” This project included rebuilding Troost Avenue, rehabbing bridges and sidewalk... ... middle of paper ... ...e Agnes, Micheal. "Webster's New World Dictionary."
I realized through reading the book that I am in good company. Everyone who is successful or at the top of their career has dealt with failure. Reading this book helped me to not make excuses about my failure. I learned that failure is a necessary part on the road to success. Embracing my failure helped me gain confidence to continue my journey to reaching my goal which is being readmitted into Thurgood Marshall School of law and ultimately graduating from Thurgood Marshall School of
He starts selling jam to local areas. Eventually his success grew as he was making thousands of jars in a month. Super Jam now supplies to major stores for example, Waitrose, Asda, Tesco and Morrison. Doherty plans to expand his work overseas (Sky News, 2010). Jam in the UK has suffered in the past from consumer perception that it is old fashioned and suited to older people and most are unhealthy.
Management Style “Before you can have an emotional connection with your customers, you have to have an emotional connection with your people.” (Ouchi A1). The success of Starbucks is partly due to Smith’s strong emphasis on relationships between management and lower ranked employees (also called partners). Similar to JetBlue’s CEO David Neeleman, Smith believes that a good relationship between management and employees will translate into a good relationship between the employees and the customers. In the past, both CEOs have been known to practice a ‘hands-on’ approach by stepping onto the ‘front lines’ of the business. Every quarter, Smith spends at least a couple of days behind the counter as part of their ‘Adopt a Store’ program for the senior executives.
Although Starbucks Company has managed to pass 2008 crisis successfully that is proven by stock market indicators (Starbucks Corporation (SBUX) stock price), some specialists predict loosing marketing positions due to economic troubles and rise of competitors such as McCoffee or DD. Small coffee stores and other competitors all over the world started to copy Starbucks model (interior, music, etc.) so wherever you go to drink coffee the place will look alike. Moreover, modern coffee machines brew excellent drinks so the taste will also be very similar. In such situation the company needs to look for new ways of keeping consumer.