Wednesday, October 30, 2019
Dilemmas of Leadership Term Paper Example | Topics and Well Written Essays - 2000 words
Dilemmas of Leadership - Term Paper Example The process of influencing others to attain a goal and also direct an organization in such a way that it becomes more cohesive and coherent is leadership. According to Kotter, leadership is how to deal with change. ââ¬Å"Leadership focuses on change and innovation; it focuses on the big picture; it focuses on strategies that take calculated risks, and it focuses on peopleââ¬â¢s valuesâ⬠. (Gardner 1996) The path and goal model of leadership by Robert House expects the leader to encourage and motivate the followers in order to attain the desired objective. According to this model, the leader plays a big role in influencing the performance, satisfaction, and motivation of a group. According to Ashim Gupta (2009), when in a dilemma most leaders demonstrate a mix of leadership styles. There are four most commonly used leadership styles namely autocratic, bureaucratic, participative and the laissez - faire style of leadership. In an autocratic leadership style, the leader acts as the supreme commander and the followers have to obey him. This kind of leadership is required in factories when the work demands one to adhere to a series of systematic rules to attain the end product. For example; working in a sugar factory requires one to follow a series of methodical process to obtain sugar from sugarcane. One single mistake will result in one to repeat the process again. Hence, the best-suit ed leadership style for this case is autocratic. In bureaucratic leadership style, the leader acts as per the rules and regulations laid down by the company.
Monday, October 28, 2019
Romeo and Juliet Essay Example for Free
Romeo and Juliet Essay The tragedy of Romeo and Juliet was pre-ordained by fate there was nothing that any of the characters could do to prevent their deaths. Fate is a thing that nobody can run hide or escape from it is just going to happen. The author refers to things like star crossd lovers. This shows the reader that they were made to fall in love and death markd love which suggests that they were made to die if they fell in love, which is also a warning of what might happen. However, there are also references to ancient grudge and to parents rage which suggests that it is not only fate that has a part in their deaths but also human intervention. Actually the part played by some of the characters directly resulted in the deaths of the two principal characters. Romeos friend, Benvolio, has a great deal to answer for. He knew perfectly well that it was wrong to gate crash Lord Capulets party. He must have known that the discovery of his friends presence there would cause serious disquiet, especially to Tybalt. Nevertheless, he encouraged Romeo to go because he had become morbid after his break up with Rosaline and therefore needed cheering up by meeting other girls and as such compare his ladys love against some other maid That I will show you shining at this feast, (Act 1, Scene 2, lines 97 and 98). We know that the party was a masquerade, but the probability that Romeo would be discovered was high. Inevitably this was the case, and, of course, it was Romeos number one foe, Tybalt, who made the discovery. No one can criticise Tybalts reaction on finding out that Romeo had had the audacity to enter the home of his familys enemy, the Capulets. This by his voice should be a Montague. Fetch me my rapier boy. (Act 1, Scene 5, lines 53 and 54) would be a natural reaction of most men on finding an enemy in their camp. Right at the beginning of this tragedy the feud between the two families is immediately brought to our attention. The opening scene involves servants of the two houses making antagonistic noises to each other, enticing one another to fight. We find Benvolio intervening when he says: Part, falls! Put up your swords -you know not what to do. (Act 1, scene 1 lines 56 and 57. ) No reason is given of how the feud started but we know that it has been going on for some time and has affected the lives of the citizens of Verona. Not only is Benvolio fed up with the continual feuding but also the ruler of Verona. We know this because the Prince of Verona decided that he and the city has had enough and vows to put an end to it. In a protracted speech he lays down the law and says in very plain language: If you ever disturb our streets again, your lives shall pay the forfeit of peace. (Act 1, Scene 1, lines 88 and 89. ) Therefore, he declares publicly that all future fights will be severely dealt with and offenders will pay with their lives. Tybalt was a man whose soul purpose on life was to defend his familys honour. The only way to do this was by fighting. His language was naturally that of a hard man. Right at the beginning we see this side of Tybalt when he confronts Benvolio with the words, What, drawn, and talk peace! I hate the word, as I hate hell, all Montagues and thee: Have at thee coward! (Act 1, Scene 1, lines 62, 63 and 64. ) No wonder Tybalt was angry at Romeo for insulting his family honour by his uninvited presence at the party. Of course he wanted to evict Romeo from the party immediately. If he had just been allowed to do so maybe this tragedy could have been avoided, but he wasnt, thanks to the intervention of his uncle. Therefore, Lord Capulet could be held responsible for his own daughters death. He was totally out of order when he took his nephew to one side and gave him a good dressing down. He shall be endured. What, goodman boy, I say he shall, go to! Am I the master here, or you? Go to! (Act 1, Scene 5, lines 75, 76 and 77). Go to, go to, You are a saucy boy. Ist so indeed? This trick may chance the scathe you, I know what. You must contrary me! Marry, tis time. Well said my hearts! -You are a princox, go (Act 1, Scene 5, lines 82, 83, 84, 85 and 86). These words were designed to hurt. To be called an insolent boy by his uncle must have been very upsetting and hard to swallow. It must have made Tybalt so angry and humiliated that a duel to the death between him and Romeo was inevitable. In the initial stages of the romance, Juliets nurse was fully aware of what was going on and made no effort to stop it. In fact she acted as an eager go-between and after being satisfied with Romeos good intentions towards her mistress appears to be encouraging the romance. During a conversation between her and Romeo he asks the nurse to convey his greetings to his beloved and she replies Ay, a thousand times. (Act 2, Scene 4, line 186). It was her solemn duty to her employer to protect his daughter from uninvited suitors. Girls from rich high-born families were seen as assets, as a means of trading up in the social hierarchy. This is evident from the conversation between Juliets father and Paris prior to Lord Capulets party. Paris discloses his intentions towards Juliet and Lord Capulet, although mindful of his daughters age, agrees to the marriage: But woo her, gentle Paris, get her heart, My will to her consent is but a part; And she agreed, within her scope of choice (Act 1, Scene 2, lines 16, 17, 18 and 19). If the nurse had done her job properly and reported to her employer as to what was going on then steps could have been taken to shield Juliet from Romeos advances. Probably, the one who contributed the most to the downfall of Romeo and Juliet must be Friar Lawrence. Although he meant well in that he thought that a marriage would end the feuding his actions were totally unprofessional and not that of a man of the church. His concern was that Romeo and Juliet should not commit a mortal sin by having sex outside marriage was the main reason for him performing the ceremony. His closing remarks after meeting Romeo and Juliet was: Come, come with me, and we will make short work, For, by your leaves, you shall not stay alone Till holy church incorporate two in one. (Act 2, Scene 6, lines 34 to 37). He knew that Juliet was deceiving her parents and he should have condemned her behaviour as he also knew just how old she was. Even her own father thought she was too young to marry as was disclosed in his dialogue with Paris where he says: She hath not seen the change of fourteen years, Let two more summers wither in their pride, Ere we may think her to be a ripe bride. (Act 1, Scene 2, lines 8 to 11). As for his ridiculous scheme, including the faking of Juliets death, this defies all comprehension. Even if successful he must have known that she could never return home and he has, in fact, banished her for life from both her family and community. There is no doubt in my mind that the most significant player to the downfall of the two principal characters was Juliet herself. Throughout the play she was deceitful and constantly lied to her parents. Her mother was concerned about her daughters welfare and thought that her tearful moods were as a consequence of her cousins death: Evermore weeping for your cousins death? (Act 3, Scene 5, line 69). Juliet went out of her way to encourage her mothers interpretation of her emotional state by replying, Yet let me weep for such a feeling loss. (Act 3, Scene 5, line 74). She was pretending to her mother that her hurt was for Tybalt and not for the murderer, Romeo, with the following lines: And yet no man like he doth grieve my heart. (Act 3, Scene 5, line 83), and Ay, madam, from the reach of these my hands. Would none but I might revenge my cousins death. (Act 3, Scene 5, lines 85 and 86). She even goes on to denounce Romeo completely when she states to her mother: Is my heart, so for a kinsman vexed. Madam, if you could find out but a man To bear a poison, I would temper it, That Romeo should upon receipt thereof Soon sleep in quiet. (Act 3, Scene 5, lines 95-99). As I said in my opening paragraph the story of Romeo and Juliet was a tragedy in the making. It was doomed from the start because these two young people broke all the conventions of that era. Juliet most certainly did not have her parents consent and it must be inferred that neither did Romeo. It would be highly unlikely that the two families, who had been feuding for a considerable time, would have wanted any of their offspring marring. Nevertheless, it was an affair that could have been so easily stopped by those who were privy to what was going on. Not one of these characters, who were by the way all adults, took on the responsibility of bringing a sense of proportion and integrity to what can only be described in todays society as a sordid affair. A similar story in contemporary times would receive the attention of the police. The one thing that I find incomprehensible is the interaction between Juliets father, Lord Capulet, and his nephew Tybalt at the party. Why he humiliated Tybalt in such a manner is, for me, totally out of character with the essence of the play. Knowing the background of the play I would have thought that the logical response of Lord Capulet on finding out that a Montague had gate crashed his party would have been to have him thrown out. The tragedy of his actions was the death of his beloved daughter. If he had allowed Tybalt to perform his duty, Juliet would have probably married Paris.
Saturday, October 26, 2019
Electronic Commerce :: social issues
Electronic Commerce Initially, the Internet was designed to be used by government and academic users, but now it is rapidly becoming commercialized. It has on-line "shops", even electronic "shopping malls". Customers, browsing at their computers, can view products, read descriptions, and sometimes even try samples. What they lack is the means to buy from their keyboard, on impulse. They could pay by credit card, transmitting the necessary data by modem; but intercepting messages on the Internet is trivially easy for a smart hacker, so sending a credit-card number in an unscrambled message is inviting trouble. It would be relatively safe to send a credit card number encrypted with a hard-to-break code. That would require either a general adoption across the internet of standard encoding protocols, or the making of prior arrangements between buyers and sellers. Both consumers and merchants could see a windfall if these problems are solved. For merchants, a secure and easily divisible supply of electronic money will motivate more Internet surfers to become on-line shoppers. Electronic money will also make it easier for smaller businesses to achieve a level of automation already enjoyed by many large corporations whose Electronic Data Interchange heritage means streams of electronic bits now flow instead of cash in back-end financial processes. We need to resolve four key technology issues before consumers and merchants anoint electric money with the same real and perceived values as our tangible bills and coins. These four key areas are: Security, Authentication, Anonymity, and Divisibility. Commercial R&D departments and university labs are developing measures to address security for both Internet and private-network transactions. The venerable answer to securing sensitive information, like credit-card numbers, is to encrypt the data before you send it out. MIT's Kerberos, which is named after the three-headed watchdog of Greek mythology, is one of the best-known- private-key encryption technologies. It creates an encrypted data packet, called a ticket, which securely identifies the user. To make a purchase, you generate the ticket during a series of coded messages you exchange with a Kerberos server, which sits between your computer system and the one you are communicating with. These latter two systems share a secret key with the Kerberos server to protect information from prying eyes and to assure that your data has not been altered during the transmission. But this technology has a potentially weak link: Breach the server, and the watchdog rolls over and plays dead.
Thursday, October 24, 2019
Leadership Attributes Of Mark Zuckerberg Essay
Mark Zuckerbreg was born on 14 May 1984 at White Plains, New York. He is best known as CEO of Facebook. Mark Zuckerberg is a technology innovator, CEO, Internet Tycoon and philanthropist who earned multi-billionaire status by his mid-20s. As the cofounder, chairman, and CEO of Facebook, Zuckerberg redefined the social media market and connected people in ways never thought possible. Zuckerberg recently topped a list of ââ¬Å"Highest Rated CEOsâ⬠from online career community Glassdoor. The list was the result of employee reviews over the past 12 months. Technology Sensation Born into a well-educated family in New York, Zuckerberg developed an interest in computers at an early stage. He created his own messaging program at the age of 12, dubbed ââ¬Å"Zucknet,â⬠which his father used in his dental office. He would create games and programs under a private computer tutor, who later told reporters that it was hard to stay ahead of the technology prodigy. While still in high school, companies like AOL andà Microsoft expressed interest in buying his software and hiring him, which he declined. Later enrolling at Harvard University, Zuckerberg developed a reputation as a strong programmer and software developer. He created programs like CourseMatch, which helped students choose their classes based on the selections of their peers, and Facemash, which compared pictures of two students and allowed users to vote on who was more attractive. While popular, none of these programs matched to the later success of Zuckerbergââ¬â¢s development of Facebook. Approached by Divya Narendra, and Cameron and Tyler Winklevoss, Zuckerberg began working on a project called The Harvard Connection, a sort of dating site for the Harvard elite. Zuckerberg later dropped out and began working on his own site with friends Dustin Moskovitz, Chris Hughes and Eduardo Saverin. This site, which started as thefacebook.com, allowed users to create their own profiles, upload photos, and network with users at specific universities. Run out of a dorm room at Harvard until June 2004, thefacebook.com thrived, and Zuckerberg dropped out to pursue it full time. By the end of 2004, Facebook boasted 1 million users. The site began to evolve. At first, it was only available to certain schools. Thanks to investments from venture capital firms, the site eventually opened up to other schools, then to the general public. Early on, Zuckerberg was turning down offers from Yahoo! and MTV Networks. ââ¬Å"The thing that we are trying to do at Facebook is just help people connect and communicate more efficiently,â⬠he said. Instead of taking lucrative offers (Yahoo! reportedly offered Zuckerberg $1 billion), Zuckerberg focused on expanding the site to bring as much value to users as possible. But legal troubles from his early dealings with The Harvard Connection plagued him, as depicted in the Academy Award-nominated movie ââ¬Å"The Social Network.â⬠Zuckerberg later noted that much of the story was exaggerated for Hollywood. ââ¬Å"I just think people have a lot of fiction,â⬠he said. ââ¬Å"But the real story of Facebook is just that weââ¬â¢ve worked so hard for all this time. The real story is actually probably pretty boring, right? We just sat at our computers for six years and coded.â⬠Despite some of the negative depictions in the movie and the lawsuit filed by the Winklevoss twins, Zuckerberg and Facebook continued to thrive. He was named Time magazineââ¬â¢s Person of the Year in 2010, and Forbes has ranked him at No. 36 on its 400 list, estimating his net worth at $13.3 billion as of March 2013. Transformation from a Hacker toà a CEO and then to a Leader With Facebookââ¬â¢s stock price crashing and employee morale sinking, Facebook CEO Mark Zuckerberg stepped up and delivered a home run he would never have been able to hit even just a year ago. Zuckerberg has been under fire the last few months for Facebookââ¬â¢s plummeting stock price. A darling of Wall Street before its IPO, Facebook fell to half its IPO price in just a few months. As a result, a growing chorus of critics has called for new leadership at Facebook. Some have even called for Zuckerberg himself to resign. Zuckerberg answered his critics at the TechCrunch Disrupt conference. During a wide-ranging interview with CrunchFundââ¬â¢s Michael Arrington, Zuckerberg addressed everything from the companyââ¬â¢s plummeting stock price to its plans for mobile. By all accounts, Zuckerberg did a spectacular job. As a result, shares of Facebook have surged by 13 percent since then. It is a clear step in the right direction. If we compare his performance to his previous interviews, we can clearly see the change in his personality. He was stumbling during the interview and when he was asked few tough questions, he started sweating on stage. The new Mark Zuckerberg on stage at Disrupt didnââ¬â¢t look anything like the guy who squirmed at the D Conference just two years prior. No, this Zuckerberg was poised, confident, and articulate. He spoke fast, but only because he was clearly excited by Facebookââ¬â¢s future. Zuckerberg was able to simultaneously rally the Facebook troops and Wall Street with just his words. This is something he would never have been able to do even just a year ago. He wasnââ¬â¢t born with Steve Jobsââ¬â¢ onstage charm ââ¬â instead, he had to work up to the comfort level he exuded on stage at Disrupt. We can witness a new chapter in Zuckerbergââ¬â¢s maturation. He was once a hacker who had to become a CEO. Now heââ¬â¢s a CEO whoââ¬â¢s transforming into an articulate leader, the type a public company with sky-high expectations needs. Personal Traits There is one important element which can help or makes a particular person to achieve success; it is the personality of the person itself. Personality basically is the kind of personal characteristics which influence the behavior as well as perception and attitudes. It is an inner psychologicalà characteristic which cannot be copy such as emotion and taught. It can be build from the influence of heredity, or early childhood experiences. No doubt, personality of a person can be change due to the major life events and by the gradual maturing process. There are many personality classification methods; we had chosen the Big Five Model of Personality traits which are the most widely accepted way to classify personalities and to describe the personality which in Mark Zuckerberg. This model has been divided to five major dimensions i.e. Surgency, Agreeableness, Adjustment, Conscientiousness, and Openness to experience. Surgency personality dimension includes leadership and extraversion tr aits. Mark showed his strong surgency as he wants to be the person who is in charge instead of being the dominance of the others. Mark did not really accept or commit with the twin Cameron and Tyler Winklevoss idea which they try to hire Mark to build a dating, a social site which they called Harvard Connection. As a high surgency person, Mark does not like to be the dominance of others so he creates the website Facebook instead of working for the Winklevoss. The strong surgency has lead Mark to the success that he is enjoying today; if he had chosen to work for Winklevoss, he might still be a small potato and not much people would know about him. Dimension of agreeableness includes traits related to getting along with people. Besides that, if a person has high agreeableness, that person might be more sociable and spent more times with his or her friends. According to Mark Zuckerbergââ¬â¢s friends, he is an introverted person as they said he is kind of a geek who feels little uncomfortable around other people. Furthermore, they even speculated that that introverted personality of him had helped him deal with his creation of Facebook. The adjustment personality dimension includes traits related to emotional stability. Mark shows that he does not have a good adjustment personality; he created the facemash when he feels upset about a girl. Facemash is software where it uses to compare students to what kind of farm animals which seems like unethical to others. This software had helped him in the path of success as this software lends him some idea while creating Thefacebook.com. The high degree of conscientiousness of Mark has leaded him to the way of success, he is a hardworking, and always willing to put in extra time and effort to accomplish goal to achieve success. His willingness to put in extra time to complete something, such as he uses eight hours toà create the Facemash site. So, we can see that when he got an objective that need to be achieved, he will show his high conscientiousness to work on that aim in order to achieve success. The high openness to experience in Mark had made a big contribution to his success path, as he is a person who is willing to try and always willing to change. The Facebook which he had launched made a huge change in the connection between everyone in the world. Besides that, he keeps on developing the Facebook which was named as Thefacebook previously, in order to help people to connect, find new friends and share photos. He states in his Facebook account that his personal interest is about openness, making things that help people connect and share what is important to them, revolutions, information flow and minimalism. Besides that, from the beginning of Course Match until Facebook, the personalities of Mark willing to try and change had helped him to come out with something which can really connect people easily ââ¬â Facebook. Situational Leadership style Leadership is the process of the influencing made by the leader to the follower to change them to achieve the organizational goal. Leadership is an important element for a successful leader, as the leader needs to have enough potential and abilities to influence his/her followers to work according to the leaderââ¬â¢s objective or goal. However, if a good leadership style is being implemented, it can more or less help the employees to create organizational citizenship. Furthermore, the effective behavior of the leader may also determine the future or fate of the organization obviously. Besides, for Mark Zuckerberg leadership is basically about creating focus. It is about ensuring we are focused on the right stuff and getting good people in to help build what we are trying to do. From the way he doing things, we can see that Mark is actually quite a democratic style leader. He does not really act like a dictator as he is open to take and listen to others opinion and suggestion. When there was some crisis where people started to dislike Mark and said that Mark should be replaced, Reed ââ¬â the recruiter of Facebook had talked to Mark. She told Zuckerberg what should he do in order to gain the favor and trust from the followers, then he did take her advice and started to get lessons on how to be an effective leader by seeing an executive coach. From the incident above, Zuckerberg shows hisà high degree of acceptance to his dominance or followers ideas. Besides that, Zuckerberg is one of the people-oriented types of leader. He had asked for help from Sean Parker, who is a very talented person who created Napster, but had a bad reputation of getting around with bar, alcohol, drugs and always surrounded by girls. Zuckerberg did not concern about his bad reputation but he wanted the talent of Sean Parker who is also described as a business artist. In the end, Parker did help Zuckerberg with a lot of things in order to achieve the success of Facebook with the talent which Parker has. Zuckerberg is a good leader as we can see that he lead the Facebook to a greater and successful path. Without having the good behavior and guidance in him, Facebook would not able to be success and his followers love to work with him. Traits of Effective Leader, as seen in Mark Zuckerberg Dominance Dominance is the one of the most effective and major trait of leadership. Successful leaders want to take the charge and the responsibilities. Dominance trait effects all the other traits related to effective leaders. Mark has shown a very strong dominance trait as he has always shown this thing that he wants to take the charge and have a dominant personality. As mentioned above, if he had just followed what he was asked to do, he might not even have invented Facebook. High Energy To be a good leader, to go places, you must be willing to go further than others have and do things others wonââ¬â¢t. He worked his ass off, did things he was uncomfortable with (like travelling across continents to speak to audiences about his vision) and did what had to be done to build his company. Intelligence No one can doubt about the intelligence of Mark Zuckerberg. Starting from very young age, inventing his own software programs, and then getting into an IVY League university and last but not the least, invention of Facebook, this all shows the very strong trait of Intelligence in Mark Zuckerberg. Flexibility Mark Zuckerberg has shown flexibility in his character. He has always beenà open to change and has never been afraid of taking new steps and doing something new. Perhaps no Internet businessman has spit in the face of this attitude more than Mark Zuckerberg. Despite Facebookââ¬â¢s status as a social networking giant, Zuckerberg and Co. have never shied away from changing the user interface (sometimes in the face of protests) or shaking things up in the effort to break new ground. Though not all of his changes have been successful, a surprising majority of them have stood the test of time and boosted Facebookââ¬â¢s following. Integrity Mark Zuckerberg faces criticism for his unconventional leadership of Facebook as a business. Facebook was not originally created to be a company. It was built to accomplish a social mission that was, to make the world more open and connected. Zuckerberg has shown strong integrity in his leadership by remaining consistent with his mission to make the world more opened and connected. He went incredibly far to make absolutely sure that this mission would not be compromised by maintaining a majority stake of the voting shares of Facebook. Locus of Control Recently, Facebook has had a lawsuit against them with the Beacon advertising system. After the court ruling, Zuckerberg made a public apology for the system and took full responsibility for the mistake. This shows that Mark Zuckerberg has an internal locus of control. Instead of blaming some other force, he took control of the situation. Self Confidence Even though Mark Zuckerberg seems to be quiet and humble, heââ¬â¢s also extremely self-confident. He has always had strong faith in himself and in his vision. He didnââ¬â¢t let naysayers along the way deter him or bring him down. He is able to persevere through criticism and any obstacles or setbacks because he continues to believe in himself no matter what anyone else says about Facebook. Sensitivity to Others Initially, it looked like Mark isnââ¬â¢t that much sensitive to others, as he was accused of using the idea of his class fellows and then cutting them out of the plan. But, since in 2012 he was named as the Best CEO and from the feedback that was given by his employers, it became apparent that he hasà changed himself and had become sensitive to others and their feelings. Stability Mark shows that he does not have a good adjustment personality; he created the facemash when he feels upset about a girl. But as this has been mentioned earlier before, Mark has gone through a lot since he has became the CEO of the Facebook and has brought a lot of positive changes in himself, and stability is one of them as well. He has shown very strong emotional stability at various places and incidents. He has taken criticism openly and has faced all the difficulties while staying strong. Leadership Grid Theory Leadership grid theory explains leadership behavior on the basis of two dimensions which are concern for production and concern for people. Mark Zuckerberg is one of people oriented types of leader and He is also more concerned for quality and good work by employees. Due to these reasons he falls in The Team Leader style which is 9.9 in Leadership Grid Theory. Leadership Continuum Theory If we have a look at the Leadership Continuum Theory then we can see that Mark falls somewhere around 6th defined trait. He has received a 99% approval rate from his employees and they have said that they love working at Facebook reason being that what they say and think is considered and it matters to mark. Every decision taken at Facebook is a group decision. PATH-GOAL THEORY. Zuckerbergââ¬â¢s leadership style has been in question and will be in question as Facebook prepares to switch its funding to IPO. I believe Zuckerberg is a perfect example of path-goal theory. Path-goal leaders as we know need to adapt their style to one that allows their subordinates to achieve a specific goal. This can be done by being directive, supportive, participated, and achievement oriented. Zuckerberg fits all criteria. Throughout the growthà and development of Facebook he has changed his style to continuously achieve their overall goal. To start he began the company as a directive leader; providing guidance and instilling the psychological structure that the company needed in order to have constant expansion. It is hard to convey an idea to another, especially if it is one that could change the way society operated. Once Zuckerberg set the foundation of psychological structure, he could sit back and play a more supportive role. Being supportative allows for the vision of Facebook to take hold. Currently though Zuckerberg is the best demonstrator of a participative style. Facebook is now self sustaining and doesnââ¬â¢t need a hard-nosed leader under its ranks. The best way we can see this style of leadership in action is through his own Facebook page. He is currently promoting the need for driven individuals such as himself to work for the company. The Myers-Briggs Test Zuckerberg is known to be incredibly confident and decisive in his decisions. When he strives for something he reaches it and stands strong on the decision. This was shown to the many Facebookers years ago with timeline. When timeline was introduced, many users did not like it, but Zuckerberg stuck to his guns and kept it. Along with his decisiveness, Zuckerberg tends to be ââ¬Ërobot likeââ¬â¢ and socially awkward. People that have interacted with him say this because when having a conversation, Zuckerberg is straight to the point. As Time Magazine states, ââ¬Å"He approaches conversation as a way of exchanging data as rapidly and efficiently as possible, rather than as a recreational activity undertaken for its own sake. He is formidably quick and talks rapidly and precisely, and if he has no data to transmit, he abruptly falls silent.â⬠This shows him as being very analytical and specific. Zuckerberg is known to be an introvert as well. He doesnââ¬â¢t openly talk about himself and is well reserved. Even when in an interview, he answers the question thatââ¬â¢s asked, but gives no additional or side information. From the above examples and descriptions, when taking the Myers-Briggs test, Mark Zuckerberg would be an ISTJ (Introvert, Sensing, Thinking, and Judging). ISTJââ¬â¢s are quiet, serious, practical, logical, orderly, and loyal. Additionally, Mark Zuckerberg tends to have highà self-efficacy. Zuckerberg has confidence in his abilities. People with self-efficacy tend to overcome obstacles and work toward a specific goal. Zuckerberg has done this with the success of Facebook. Recently, Facebook has had a lawsuit against them with the Beacon advertising system. After the court ruling, Zuckerberg made a public apology for the system and took full responsibility for the mistake. This shows that Mark Zuckerberg has an internal locus of control. Instead of blaming some other force, he took control of the situ ation. Theory Y Working for Facebook is not your typical job. The word ââ¬Å"Hackâ⬠is written on every wall in the building. Zuckerbergââ¬â¢s own personal innovation encourages employees to produce new codes to wow users and attract new one. He encourages employees to constantly innovate and think of outside the box. They attempt to eliminate failure out of the equation and the programmerââ¬â¢s mind. The environment is geared to help employees figure out what exactly they would do without the fear of failure. Fail harder: they are encouraged to fail in a triumphant blaze of glory. For Facebook, ââ¬Å"the riskest risk is taking no risksâ⬠(Careers at Facebook). Without complete focus and effort, the employee might never know if the project was possible. Trying new things is always encouraged. This is the kind of effort Mark Zuckerberg put into Facebook to make a huge success. He encourages his employees to put everything they have into a project. This type of support shown to employees can satisfy McGregorââ¬â¢s Theory Y. Facebookââ¬â¢s full support and belief in the abilities of their employees motivates them to give their full effort in a project. Maslowââ¬â¢s Self Actualization Facebookââ¬â¢s view on recruiting is to ââ¬Å"discovering top talent and serving our employees seriouslyâ⬠(Careers at Facebook). Facebook only hires the smartest and passionate people who are ready to hard and quickly. This could give Facebook employees pride for being the Best of the best. ââ¬Å"We expect everyone at Facebook to focus every day on how to build real value for the world in everything they doâ⬠(Careers at Facebook). This type of emphasis on building social value and create social change through their job can help employees achieve Masloweââ¬â¢s self actualization. This personalà growth and higher order achievement fulfillment can inspire employees to work harder and innovate. This type of social value can suggest a need for power. Employees want their work to influence others and create a change in the world. MCCLELANDââ¬â¢S NEED FOR ACHIEVEMENT In the early days of Facebook, Zuckerberg was known for his exuberance and sense of urgency. He would initiate a companywide lock down to launch a new campus. These ââ¬Å"Hackathonâ⬠turned into a party including a keg and DJ in reward of the work. Zuckerberg maintains the mantra that is ââ¬Å"done is better than perfectâ⬠(Careers at Facebook). They launched features before they are done. Facebook attempts to stay on the edge of technology, and is willing to risk flaws and imperfects to stay on the cutting edge. Facebook is ââ¬Å"less afraid of making mistakes than we are of losing opportunitiesâ⬠(Careers at Facebook). This shows McClelandââ¬â¢s need for achievement. Facebook strives to be on the cutting edge of technology and be the first to develop new features for the site. With each new update to Facebook, they have achieved a new goal while continuing to improve on the site. Facebook does not let anything get in the way of a deadline to stay on top. Five IMPORTANT LESSONS MARK ZUCKERBERG TAUGHT US ABOUT Business Lesson 1: Be passionate about what you do If there is any way to create something that hundreds, thousands, or even millions of people will eventually use on a daily basis, you better be sure to create something that you would have passion and dedication in creating. The aforementioned isnââ¬â¢t exactly a revelation to anyone, but if you are not genuinely interested in what you are creating, why would anyone else be? They wouldnââ¬â¢t. Itââ¬â¢s a serious problem for many entrepreneurs of both young and old. Mark Zuckerberg, however, is one of the most prominent examples in recent history of someone who has the passion. Not only did he care about his project, but he also turned down billions of dollars in order to let his company thrive. Lesson 2: Constant evaluation There are generally two types of people in business: those who prefer to play it by gut instinct and those who analyze every little measurable detail.à Both have their pros and cons; having a mix of both couldnââ¬â¢t hurt. Generally a person gravitates towards one or the other. Mark Zuckerberg is the analyzer. Zuckerberg always insisted that his employees create powerful analytics dashboards. Their purpose was simple: allow him and fellow employees to gauge the interest in newly released features to coordinate their global domination. While other companies were still figuring out which advertisements could be placed at which spot and generate the most return, Facebook focused on optimizing the performance of the user experience. He wanted to know which features worked and which did not. Lesson 3: Be willing to experiment In Facebookââ¬â¢s infancy, its founder preferred to push out enhancements and never look back. This is, admittedly, easy to do when you have a few thousand users; they expect things to change at a rapid clip. But Facebook was different. People relied on Facebook in more ways than most other websites ââ¬â it was a service that connected people to each other. At this point, failure is unacceptable. Still, Zuckerberg preferred the gung ho method of development. He would regularly introduce new features ââ¬â adding the ââ¬Å"Wall,â⬠introducing chat functionality, allowing third-party development, and changing the siteââ¬â¢s layout. Lesson 4: Be aware of opportunity Before Facebook, there was CourseMatch, an application that allowed students at Harvard University to compare their course selections for that semester. With this, Zuckerberg indulged studentsââ¬â¢ desires to know which classes their friends were joining. He exploited an opportunity. Facemash was a similar expereince. It was Harvardââ¬â¢s Hot or Not for students. These students were interested in knowing where they stood socially ââ¬â in some ways, we all do. And Zuckerberg, once again, saw an opportunity to exploit this as well. It isnââ¬â¢t magic. But it does require looking at things in a different way ââ¬â to see things for what they could be, as opposed to only what they have been or currently are. Zuckerbergââ¬â¢s ability to notice these opportunities and execute on them gave him the edge in creating and maintaining products thatà people believed in. Opportunity exists everywhere ââ¬â especially with the Internet, where the ability to reach millions is easier than ever. Perhaps there is so much opportunity out there that, perhaps, we have become ignorant to spot the most obvious of opportunities. But being able to spot opportunity is an invaluable skill. Lesson 5: Make something useful Facebook isnââ¬â¢t simply another interesting website to visit every once in a while. It is a tool that millions of people use to connect to each other. People use it for sharing experiences and creating new ones. Most importantly, Facebook does something that no other website has been able to do as efficiently, effectively, and with such impressive scale: it creates a virtual environment to interact with your real friends. The 600 million plus members tells us how famous Facebook is. Yet it is this usefulness that makes the company a success. It is a recurring theme that all successful companies build upon. It is also something that many startups donââ¬â¢t seem to comprehend. Explaining what makes a product or service useful is simple: it is something that people are using repeatedly and on a regular basis. So the lesson to learn is, make something which is a everyday use thing, just like Zuckerberg did. Conclusion In order to conclude, we can say that Mark has emerged and evolved as an Employee Centered CEO, with a democratic style. He has come a long way to reach this stage with bringing a lot of changes in him. When it comes to personality traits, without any doubt his strongest trait would be his openness to experience and the willingness to always try something new which in result, has kept Facebook on the top among all other social media sites.
Wednesday, October 23, 2019
Financial Analysis of PepsiCo and Coca-Cola
PepsiCo and Coca Cola are two major companies that manufacture beverages. They compete to be the number on manufacturer and distributor of beverages in the world. These two companies are very identifiable in this market and you know them as PepsiCo and Coca Cola. These two companies have undoubtedly dominated the markets worldwide that they both receive universal recognition for their different products. Although, there are many other manufacturers and distributors of beverages these two are the major competitors.Not only do they produce soda drinks, they also produce flavored water, spring water, and some energy drinks. PepsiCo, best known for Pepsi and Coca Cola best known for Coke have great marketing anddue to this they are able to target all income brackets. Their marketing and reasonable prices make iteasy for the people to buy their products in all income brackets. I will be examining both companyââ¬â¢s income statements and balance sheets to disclose thefinancial condition of these companies in relation one to another.I will also perform vertical andhorizontal analysis from their annual report of financial data. There are a vast amount of manufacturers and distributors in this market, but Pepsi and Coca-Cola have managed to stay in the number one spot for a couple of decades. These two companies have not only dominated the market domestically they have dominated the worldwide market. They followed a plan that kept them above and beyond the market of soft drinks. They have overcome obstacles that allowed them to manufacture and distribute globally. (The Coca Cola Company, 2009).These companies compete with one another for the same customers. When one company comes up with a product the other company comes out with something very similar to it; this is called the ââ¬Å"follow up strategy,â⬠and while doing so they live the other companies behind dazed and confused, wondering what just happened. (www. PepsiCo. com, 2009). Being successful does not come without a price, both of this companies has had to deal with legal issues, precedents, and politics. These two companies are the best examples on how leadership is the power of influence.They design their product geared towards a certain taste and to appeal to a certain population and make look as though they are subjected to certain ethical and moral practices. Their influence in this market is so powerful that they drive out and shut down any other competitor in this market. I would like for you to keep in mind that all financial data of these companies are shown in millions so if you see a figure of 200 that means 200 million and if you see 5,000 it is in the billions. We will start with a vertical analysis of these companies. The vertical analysis comes from each companyââ¬â¢s financial statements.The total assets for each company will be the starting point of this analysis. Coca Colaââ¬â¢s total assets in 2004 were $31,441 and its 2005 total assets were $29,427. Pep siCoââ¬â¢s total assets for 2004 were $27,987 and its total assets for 2005 were $31,727. (Weygandt, Kimmel, & Kieso, 2008). The total asset of each of the figures relates to items from each companyââ¬â¢s balance sheet. The cost of sales for PepsiCo during 2004 was $12,674 yielding a ratio percentage of 45. 3% of total assets and for 2005 the cost of sales was $14,167 yielding a ratio percentage of 44. 7% of total assets.Coca-Colaââ¬â¢s cost of sales in 2004 was $7,674 yielding a ratio percentage of 24. 4% of total assets and in 2005it was $8,195 yielding a ratio percentage of 27. 8% of total assets. PepsiCo experienced a 5% increase within a one year span and Coca Cola experienced a 3. 4% increase during the same span. This does not mean that this increase is a positive analysis since the single figure does not reveal whether the increase is a positive measure. A higher cost of sales may not be offset by higher revenues matching or exceeding the increased cost. The next th ing we are going to look at is net income.Pepsi had in 2004 a net income of $4,212 and this yielded a ratio percentage of 15. 1% of total assets and in 2005 their net income was $4,078 yielding a ratio percentage of 13. 2% of their total assets. This is a 1. 9% decrease in their net income between 2004 and 2005 and they also show a decrease in the cost of sales during the same period. Coke on the other hand had a net income of $4,847 in 2004 yielding a ratio percentage of 15. 4% and in2005 their net income was $4,872 yielding a ratio of 16. 6% of their total assets. This shows and an increase of 1. 2% between 2004 and 2005.Although they experienced an increase it is not entirely an offset of their income overall, making this a negative indication for Coca Cola. Now the breakdown of each companyââ¬â¢s consolidated balance sheets to compare current assets and current liabilities to their total assets for each year considered. Pepsiââ¬â¢s total current assets in 2004 were $8,639 which yields a ratio percentage of 30. 9% of total assets for that year. Pepsiââ¬â¢s total current assets in 2005 were $10,454 which yields a ratio percentage of 32. 9% of total assets. This shows a 2%increase in current assets.In contrast coca Cola current asset in 2004 were $12,281 yielding a ratio percentage of 39. 1% and in 2005 current asset were $10,250 yielding a ratio percentage of 34. 8%;which show a major decrease in their current assets. Although, there was a significant decrease in their current assets it was accompanied by a decrease in their current liabilities, which would be a positive indication for Coke instead of a negative one. Looking at the horizontal analysis of each company will give us more information. Horizontal analysis is also called ââ¬Å"trend analysisâ⬠because of its ability to show financial data compared over a period of time.There are two different formulas that can be employed to teach this information. The first one uses the current yea r amount and subtracts from that the base year amount. The second formula divides the current year amount by the base year amount. The year 2004 is the base year for both companies in this analysis. Pepsiââ¬â¢s total current assets for 2004 were $8,639 and for 2005 were $10,454. In the first Pepsi had an increase of 121. 01% of total current assets; over their 2004 base year figure. The second formula yields a 21. 01% total current assets from the base year. Cokeââ¬â¢s total assets in 2004 were$12,281 and $10,250 in 2005.As you can see Cokeââ¬â¢s total current assets dropped between 2004 and2005 without performing the formulaic calculations. All the analysis shows that PepsiCo and Coca Cola both experienced lower net profits in 2005than in 2004. They showed an increased operation expenses which resulted in a lower net profit. Both has had a higher operating expense in 2005 than in 2004 and need to modify their operations to reduce their expenses so their profit margins can increase so they will not keep experiencing a decrease in profits. I have analyzed two well-known companies in this paper.These two companies are PepsiCo and Coca Cola. These two companies have been around for a long time and have stormed the market. We have seen in my vertical and horizontal analysis that their financial data reveals somewhat a different picture of each companyââ¬â¢s financial status. Both companies have experienced a moment were they were not profitable and a moment when they were profitable. During this exercise made me realize that although these companies appear to be profitable the analyses showed that these two companies performance were very different from one another in the years 2004 and 2005
Tuesday, October 22, 2019
Case History for Therapy essays
Case History for Therapy essays Mariah C. is a 26 year old Caucasian woman who lives in a suburban western town. She has come to therapy because of difficulty with interpersonal relationships, both in her personal and work life. Mariah has been married for 6 years to Cliff. They have two children Melissa who is 4 years old and Mackenzie who is 18 months old. Mariah has never been in therapy before. She works full time, as does her husband. Her children are in daycare full time. She is presenting with symptoms of irritability, difficulty sleeping, new onset hypervigilance and anxiety. Mariahs first problems started in her relationship with Cliff, about three months after the birth of her last child. She reports a change in her mood, and states she is more irritable with Cliff and the children, generally for things that would not have bothered her before. Around this same time she noted some difficulty with concentration, attention to detail and a diminished energy. Other symptoms include decreased libido. Mariah denies any thoughts of self-harm. Mariah reports that she had a similar episode while she was in training to be a medical assistant. It lasted approximately 3 months and resolved relatively spontaneously without intervention with a therapist. She has sought therapy this time because she is feeling like the symptoms are more severe than before and have also stated affecting her relationships. Mariahs past medical history is unremarkable. She has been hospitalized twice for childbirth. She had an appendectomy when she was 12. She has recently discontinued breastfeeding her youngest child. She was recently started on Paxil 20 mg every morning by her family practice physician. It was at the urging of her physician that she had presented for counseling. She has been employed as a medical assistant at a local family practice clinic. She has held the same job for the last 4 years. She expresses satisfaction with ...
Monday, October 21, 2019
Free Essays on GeoTrust SSL
I. INTRODUCTION A. Overview This GeoTrust, Inc. ("GeoTrust") Certificate Practice Statement (the "CPS") presents the principles and procedures GeoTrust employs in the issuance and life cycle management of GeoTrust True BusinessID Web Server Certificates, GeoTrust True BusinessID Trial Certificates, GeoTrust Organizational Certificates, GeoTrust SecureMark Certificates and GeoTrust S/MIME Institutional Certificates. This CPS and any and all amendments thereto are incorporated by reference into all of the above-listed GeoTrust Certificates. B. Definitions For the purposes of this CPS, all capitalized terms used herein shall have the meaning given to them in Section VIII, Definitions, or elsewhere in this CPS. C. Description and Use of Certificates 1. GeoTrut Trial Certificates GeoTrust Trial Certificates are X.509 Certificates with SSL Extensions which allow a web administrator to test SSL functionality. GeoTrust Trial Certificates are signed by the Trial CA and do not require business authentication. GeoTrust Trial Certificates are not intended to provide identification of a Subscriber's server. GeoTrust does not accept any liability whatsoever in the issuance and/or management of GeoTrust Trial Certificates. GeoTrust Trial Certificates do not in any manner chain to a Thawte CA nor is the Trial CA embedded within any browser software. To initiate a test of the GeoTrust Trial Certificates, a web administrator must install the GeoTrust Trial Certificates on their server and mark such GeoTrust Trial Certificates as trusted within the test browsers. 2. GeoTrust True BusinessID Web Server Certificates GeoTrust True BusinessID Web Server Certificates are X.509 Certificates with SSL Extensions that chain to a Thawte CA and which facilitate secure electronic commerce by providing limited authentication of a Subscriber's server and permitting SSL encrypted transactions between a Relying Party's browser and the Subscriber's server.... Free Essays on GeoTrust SSL Free Essays on GeoTrust SSL I. INTRODUCTION A. Overview This GeoTrust, Inc. ("GeoTrust") Certificate Practice Statement (the "CPS") presents the principles and procedures GeoTrust employs in the issuance and life cycle management of GeoTrust True BusinessID Web Server Certificates, GeoTrust True BusinessID Trial Certificates, GeoTrust Organizational Certificates, GeoTrust SecureMark Certificates and GeoTrust S/MIME Institutional Certificates. This CPS and any and all amendments thereto are incorporated by reference into all of the above-listed GeoTrust Certificates. B. Definitions For the purposes of this CPS, all capitalized terms used herein shall have the meaning given to them in Section VIII, Definitions, or elsewhere in this CPS. C. Description and Use of Certificates 1. GeoTrut Trial Certificates GeoTrust Trial Certificates are X.509 Certificates with SSL Extensions which allow a web administrator to test SSL functionality. GeoTrust Trial Certificates are signed by the Trial CA and do not require business authentication. GeoTrust Trial Certificates are not intended to provide identification of a Subscriber's server. GeoTrust does not accept any liability whatsoever in the issuance and/or management of GeoTrust Trial Certificates. GeoTrust Trial Certificates do not in any manner chain to a Thawte CA nor is the Trial CA embedded within any browser software. To initiate a test of the GeoTrust Trial Certificates, a web administrator must install the GeoTrust Trial Certificates on their server and mark such GeoTrust Trial Certificates as trusted within the test browsers. 2. GeoTrust True BusinessID Web Server Certificates GeoTrust True BusinessID Web Server Certificates are X.509 Certificates with SSL Extensions that chain to a Thawte CA and which facilitate secure electronic commerce by providing limited authentication of a Subscriber's server and permitting SSL encrypted transactions between a Relying Party's browser and the Subscriber's server....
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