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Importance of success in business
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In everyday life, problems comes across every individual person no matter your social or professional position.
No matter what we do in our daily activities, we cannot escape the facts of coming across unexpected plans an organizations. Whether we are working on a big project or simple management at work and at home with our children, time management and critical thinking is always important. To be successful in business mean to manage projects, analyze situations and make reliable decision using relevant digital tools and information. As a chief operating officer in a a huge production company, my responsibility is to make sure that company function properly for a better income revenue.
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The was no time to complete the monthly report that is due today for my boss. In addition the meeting with a supplier of renegotiation of contract for the toilet paper and cleaning supplies used in the restroom of the business has to canceled. This is an unpleasant situation to not be able to get everything done, but according to the priority of my boss I get the very important things done. I would reschedule the meeting to next day and work extra hours to prepare to report for the next day too. This items left over should be first things to be done urgently the following day in order to get on track. I will explain the situation to my boss and ask for extension of the due day of the report. I will consider to do whatever it takes to present him the report as the first accomplishment in the morning. Working for extra hour at work or at home can be an option for me to get it done. My second concern eventually is the meeting. This meeting is an opportunity for me to renegotiation the current expensive of our restroom supplies. I might come up with the agreement of reducing this cost so is very important. Keeping the outgoing expensive of the company is one of the priority of my boss and I have to make sure that point is mark
This book is important to business students because it shows that even the most seasoned executive runs into unexpected challenges and can find themselves in uncharted territory. Jim Barton’s experiences and lessons can be lessons for anyone. Any employee, whether they are support staff or a top executive, should always maintain an open mind and be ready to learn from a situation or the people around them at any time.
Private problems are troubles which negatively affect individuals and their immediate surroundings. When these troubles go beyond the personal environments of the individual and impact on the community, they become public issues (Bogue, 2009).
It’s important to understand the difference between the two. The personal issue and public trouble we experience are often caused by structural change. If someone has a public issue and is trying to resolve it as if it were a personal trouble, then the problem would never get resolved. If 15 million people are unemployed out of 50 million no one person will be able to solve that trouble on their own. Knowing the difference between a personal trouble and a public issue helps determine how to go about solving the
I am currently an English 160 student who is hoping to move on to the next course, which is English 161. I understand the requirements for English 161. It require students to explore a topic in some depth and conduct independent research related to that topic. Conducting research allows students to learn what it is like to participate in academic culture, posing questions about important issues and developing an argument in response to what others have said. It expected students to learn the most valuable skill in college, which is critical thinking. Students have to be able to read challenging readings. Although I still have problems with English, I think I’m qualified to move on.
Put First Things First For an organization to work in an effective and efficient manner, business managers must possess good interpersonal and communication skills. The presentation style of the managers must be different from others and he should be able to sell himself in public. Stephen Covey describes in his book "Seven Habits of Highly Effective People" the special situation that we are in and gives us ways to get out and to find our own way to our desired goal. The third habit wants us to do first things first, meaning that we must learn to differentiate between what is important and what is urgent. Building relationships and delegating in an organization remains one of the primary aims of an effective business manager. However, the manager should have the abilities to distinguish between the important and the urgent things, if he is to enhance the quality of team based organizations. (1) Managers who apply interpersonal and communication skills effectively are cooperative members of groups in which they participate. The importance and urgency of a situation is dependant upon time management, an essential factor in making interpersonal and communication skills, in the third habit of Stephen Covey. The habit is about how to organize our time based on priorities. Urgent tasks have short-term consequences while important tasks are those with long-term, goal-related implications. Work towards reducing the urgent things you must do so you'll have time for your important priorities. Flagging or highlighting items on your To Do list or attaching a deadline to each item may help keep important items from becoming urgent emergencies.(2) Thus, The main reason for managing time is to provide structure to one's life and, in turn, piece ...
You want to know what’s so difficult about being a Business manager? Business managers must oversee the activities of workers. They must ensure the customers of great quality and service. Not only do they have the pleasure to deal with great customers and valuable employees. They tend to get horrible customers and dishonest employees. Their job can be very dangerous, and as I continue this project the plan is to combine outlooks on different scenarios that goes on in a workplace, and how a business manager would handle the situation.
I grew up in a small, close-minded, community that had insignificant minority people throughout it. I did not have a lot of experience with racial and ethnic groups. I did, however, have some experiences with children as well as adults who had learning disabilities as well as autism spectrum disorder, down syndrome, and fetal alcohol syndrome. When I was in elementary school, I had a classmate who had down syndrome; she was in and out of our classroom periodically throughout the day. In junior high; I was a peer helper during leadership class and in high school, I was a peer helper. During high school, I also was a Special Olympic instructor which was very rewarding. Right now, I feel that I could someday handle the responsibility of meeting
Over the course of the semester, I feel that I have grown as a writer in many ways. When I came into the class, there were skills I had that I already excelled at. During my time in class, I have come to improve on those skills even more. Before I took this class I didn’t even realise what I was good at. This is the first class where I felt I received feedback on my writing that helped me to actually review my work in see what areas I lacked in and where I succeeded. Some of the skills I had shocked me as I didn’t think I had those capabilities in me.
Managers should be ready to teach the importance of decision-making skills and reinforcing organizational policy. Avoiding hasty, careless decisions, which can have devastating results on the manager's unit or the entire organization. Decisions made with forethought, using the many managerial tools available will lead to better and more profitable operatio...
Management will continue to encounter new challenges that require problem solving and decision-making strategies. Some problems may be easily resolved while others could take much longer depending on the complexity of the problem. In order for management to make effective decisions and achieve success for their businesses, the decision makers need to have adequate knowledge of the situation, critical thinking and excellent communication skills, and a sophisticated approach for tackling problems. Every business should have a systematic approach for solving problems and making decisions. Without one, decision making would be insufficient and businesses would be unproductive.
However, some influential management authors believe that the classical management functions need to be update. Williams (2005, p. 7) updated the management functions and came out with four functions: making things happen; meeting the competition; organizing people, projects and process; and leading. To make things happen, it is essential to determine goals, planning ways to attain the goals, gathering and managing needed information to make superior decisions and also controlling performance to enable corrective action to take place if performance worsens. This function actually combined Fayol’s idea of planning and controlling. The thought of determining things to accomplish and developing plans to achieve goals is similar to function of planning suggested by Fayol, which is to define goals, establish strategy and develop plans to implement the strategy in order to reach the goals. Besides, Williams mentioned about controlling performance and corrective action, which is corresponding to Fayol’s classical management functions of controlling. Controlling, according to Fayol, involves observing organization performance and take action if necessary to ensure that goals are to be achieved. Nevertheless, the action of gathering and managing needed information to enable good decisions to be made is not stated in classical management functions. Based on the updated functions, organizing people, projects and processes included consideration of people issues and work processes. At the same time, Fayol mentioned organizing, which is the management process of determining best way to arrange organization’s resources and activities. They actually have the same meaning where both are about locating organization’s resources, which are the employees and also the work processes or activities. The Learning Company, a company that develops and markets games and software, was purchased by toy company Mattel. It was experiencing loss after three years of the purchase because each department in the company works independently and do not share resources.
it’s virtually impossible for Chief Executive Officer to find the future skills they will need — because they don’t yet exist. Bombarded by change, most organizations simply cannot envision the functional capabilities needed two or three years from now …
Managerial decisions are an important component in achieving the objectives of the organization. The success or failure of a business depend upon the decisions made by managers (Jurina, 2011). Today’s increasing complexity in the world of business brought forth greater challenges for both the firm and its managers. The rapid rate of technological and digital advance as well as greater focus product innovation and processes that influence marketing and sales techniques have contributed to the increasing complexity in the business environment.
Everyone tries to make good decisions. However, it is easy to overlook an important factor, miss a desirable option, or base the decision on unreliable information. In addition, fear of making a wrong choice can cause someone to postpone decisions, leading to miss opportunities. A businessperson must have the ability to make decisions under the pressure of time and circumstances. This ability needs a good knowledge of the decision making process.
Much like Benjamin Franklin believed, I feel that a person should take advantage of the time the person has in life with activities a person wants to do or needs to do. A person should not spend much time on activities the person does not want to do. Life is way too short to concern oneself with work or other activities one wants nothing to do with all the time. When possible, I try to forget about my responsibility and just let go of the ‘things’ that do not matter to me. I think a person should try to occupy oneself with something productive, worthwhile, or necessary at all times. Even though a person’s life is left up to a person to live, I cannot imagine thinking that I owe my time to society through working a job that I simply despise. I am a compassionate person, but I do not owe anyone anything regarding my time.