Tuesday, March 17, 2020
Developing Leadership Character Essays - Human Resource Management
Developing Leadership Character Essays - Human Resource Management Developing Leadership Character by : Mary Crossan , Jeffrey Gandz , Gerard Seijts , Gerard Seijts , Jeffrey Gandz , Gerard Seijts , Jeffrey Gandz Issues: January / February 2012 . The sum of virtues, values and traits equals good character, which, in addition to competence and commitment, is one of the 3 ingredients that make a leader effective and respected. For many, however, virtues, values and traits remain indefinable, even elusive. These authors not only define them, they also de-construct them, in the process demonstrating how character fuels people in their personal journeys to become better leaders. In assessing leaders at any level in an organization, we must always ask three questions: Do they have the competencies to be a leader? Do they have the knowledge, the understanding of key concepts, facts, and relationships that they need to do the job effectively? Do they have the commitmen t to be a leader? Yes, they aspire to be a leader, but are they prepared to do the hard work of leadership, engage with others in fulfilling the organizational mission, achieve the vision and deliver on the goals? Do they have the character to be a good leader and strive to be an even better one? Do they have the values, traits and virtues that others - shareholders, employees, customers, suppliers, regulators and the broader society within which they operate - will use to determine if they are good leaders? Figure 1: Leadership Competencies, Character and Commitment We have documented previously the types of knowledge, skills, understanding and judgment that leaders need, grouping them into four competencies - strategic, business, organizational and people [ 1] . Underpinning these competencies is general intellect (see Figure 1). We have also talked elsewhere about the importance of leaders having the commitment to lead and the problems that are caused when people in leadership roles no longer want to do the hard work of leadership and become disengaged from what is happening in the organization, while they still enjoy the status, privileges and perks of office. In this article, we want to focus on leadership character, not because it is necessarily more important than competencies and commitment, but because it is the most difficult to define, measure, assess and develop. Our intent is to define those dimensions of leadership character that are most important in today's rapidly changing and turbulent business environment, an d suggest how character can be developed. Why Character Matters In any bookstore you will find dozens of books on leadership style, far fewer on leadership competencies, and fewer still that address leadership character . [ 2] For some reason we have lost sight of character. Perhaps this is because our educational system and organizations are so competency focused; perhaps because we just don't know what to think about character; perhaps because character seems such an old-fashioned word; perhaps because we are reluctant to discuss examples of poor character with our colleagues in the workplace, or because we believe we cannot assess character objectively. Yet character is such a central, important element of leadership particularly for the kind of cross-enterprise leadership that is essential in complex, global business organizations which it should not and cannot be ignored. Character fundamentally shapes how we engage the world around us, what we notice, what we reinforce, who we engage in conversation, what we value, what we choose to act on, how we decideand the list goes on. Our own research on the failures of leadership points to issues around character as a central theme [ 3] . Nowhere was this more obvious than in the financial crisis of 2008 - 2009, in which boldness or instant gratification triumphed over temperance. People who knew that bad risks were being taken did not have the courage and/or confidence to speak up, and people without integrity sold mortgages to those who could not pay them. They then bundled these mortgages into securities that were fraudulent and sold to others. People with large egos, lacking in humility, oblivious to the harm they may have been be doing to others or the societies in which they operated, became very rich at the expense of millions who were the victims of the financial
Saturday, February 29, 2020
Canterbury Tales And Lady Bath Essay
Canterbury Tales And Lady Bath Essay Many characters in The Canterbury Tales are only described in the smallest detail. Only a handful are given a physical description and even fewer are actually given names to go by. A character that has a most descriptive detail and also one, whom has a name, is Alice, the Wife of Bath. This majestic lady is very proud of what she has accomplished in life. Also, to defend her ways she uses logic and reason, Chauncer also, never judges her like he does to many other characters, but lets her speak for herself. Although one would imagine the Lady of Bath to be ashamed of her way of life, she simply is not. With her four dead ex-husbands, she has received plenty of money and valuables. While married, Chauncer gives the impression that Alice also had many affairs. These affairs have almost definitely added to her personal wealth. Married now to her fifth husband, who is much younger, because of love and not just dependent on how much money he has. Throughout Alices storytelling, the characters tend to attack her. She simply comes back using simple logic and reasoning. Her basic method of thinking is that if god did not want one to have sex, he would not of given the human race the ability to do so. The ladies behaviour is also very up-front and she enjoys talking a great deal. Yet with having this sort of an attitude, it gives the reader a real look at one of the most described and interesting characters that Chauncer writes about. Most other characters from The Canterbury Tales are judged by Chauncers personal standards and the standards from that particular time period. Alice, the Wife of Bath however, is not judged like this. Chauncer lets the reader decide how to judge her and create her image. He also uses very little irony and sarcasm when he, and other characters talk about Alice. Chauncer simply lets the reader decide how to judge her from telling of her behaviour that was most unusual for that time period. The reader can easily create an accurate judgment of her, mainly because of her up-front attitude towards many aspects of life. As seen, the great Alice, Wife of Bath, is proud of her lifestyle and will go to great lengths to defend it. She is also the only character that the reader can judge for himself or herself with little input from Chauncer. Perhaps being the most described character from the novel gives one the impression that she could also be one of the most important. Her introduction in the prologue, which is one of the longest, also indicated this. All of these characteristics combined; let one visualize a grand picture of this lady.
Thursday, February 13, 2020
ECONOMICS Essay Example | Topics and Well Written Essays - 2000 words
ECONOMICS - Essay Example It will be indeed an insightful experience to delve on the ideologies and factors that made the Western Europe the crucible of economic development, social welfare and political liberalism, while pushing the Eastern Europe in the background, marred by economic underdevelopment, large scale dearth and poverty and pervasive autocratic regimes. The good thing is that one could readily identify a series of salient influences responsible for such massive differences in these two land masses. However, it is not strictly possible to arrange these events and influences in a sharp and certain chronological arrangement because many of them tend to overlap each other. Hence, in an academic scenario, the disparities between what is known as the Western Civilization and its twin brother, the Eastern Europe are to a large extent the progeny of a range of influences and events like the Industrial Revolution, the interplay of capitalism and communism, the Soviet Revolution, the Great Depression, Wor ld War II, Cold War, Globalization, to name just a few. Industrial Revolution indeed happened to be a turning point in the history of 19th century Europe. However, the historical literature is replete with conjectures as to what made the Industrial Revolution have such a widespread sway in the Western Europe and North America, while it left the Eastern Europe largely untouched. Industrial Revolution that began in Britain soon spread across Western Europe and North America. One plausible reason why the Industrial Revolution had its genesis in the Western Europe is the cultural and economic influences of Renaissance that left the Western Europe in possession of the requisite capital and the popular mindset required to fuel it (Stearns 5). In contrast the Eastern Europe largely remained bereft of such influences. Besides, the Western Europe was less stymied by autocratic regimes, absolute monarchies and political instability, unlike the Eastern Europe, which allowed the Western nations to dedicate their efforts and resources to the task of fomenting economic growth and development (Stearns 54). Contrary to this the Eastern Europe evinced much political instability in the times which if given a change could have drastically altered its economy and culture. The socio-political environment of the 19th century Western Europe was amply conducive for the technological breakthroughs that fueled the Industrial Revolution (Stearns 44). Besides, the influx of the Industrial Revolution in the Western Europe gave way to a propitious cycle that led to widespread alterations in the cultural norms and values, making the West European nations more egalitarian, progressive and forward looking. Yet, this was not the case with Eastern Europe that largely remained parochial, insulated and agricultural, failing to open up its gates to the influences that were altering its Western sibling. The other big factor that stimulated the Industrial Revolution in the Western Europe was the fac t that the nations in this region happened to be dominant colonizing powers that had under their sway many colonies that furnished the much needed resources and raw materials required to support the ongoing Industrial Revolution (Stearns 36). In contrast the East European nations had no record of being colonizing powers, a factor that could have made them look for inspiration beyond their borders. The other big fa
Saturday, February 1, 2020
'In the current economic climate, what are the biggest challenges and Essay
'In the current economic climate, what are the biggest challenges and biggest opportunities facing new managers entering indus - Essay Example Finding unique strategy There are many innovations, as upshots of reaching certain competitive advantage in order to be on top of the competition, especially now that the current economic climate demands key players to do the right move in order to survive the tough and challenging times. The challenge therefore is to think of a strategy that is something new or as a new way, one that is unique and hard to emulate in order to achieve a highly sustainable competitive advantage. According to Porter, the only way to ensure a sustainable competitive advantage on the part of an organization is to employ strategies that are unique or hard to outdo (Porter, 1990). The current economic climate for instance allows the mobile phone producers to initiate strategies that are far better than the other. However, common to their prevailing strategies is to come up with new innovations from time to time, leading to facing off the old product trends or models. This gives the opportunity for consumers to become more sophisticated and look for what could benefit them to the fullest, including the opportunity to find for the best price at their advantage resulting to a strong market power that is enough for them to have remarkable bargaining power. On the other hand, this may challenge the competing companies to look for a more feasible strategy that along the way will have the ability to meet both the needs of the target consumers and the company. Finding for the best resource Considering the point that the current economic climate would mean finding the available or best resources in order to guarantee continuous operation, the other challenge for most managers in various organizations is finding the relevant resources linked to their actual operation. This is evident to many outsourcing activities initiated by major international companies (Cornejo, 2009). The case of call centers for instance is a perfect manifestation that many companies are employing third parties in order t o minimize their cost and guarantee profitability on the process. Not only that. Outsourcing human resource is proven effective especially if organizations will have to employ human resource with associated low labour cost. This is evident how international companies like call centers outsourced or instituted their operation in developing countries like in Asia where they could save on their actual operational cost. China for instance is a remarkable country with available resources especially the human resource that could be tapped to guarantee higher profitability. The challenge on the other hand is that there is on-going competition for allocating the best resource, which means individual companies will have to compete in this aspect, the hard way, knowing that having limited resources is not far from the impossibility with the current economic climate. Opportunity for creativity Despite the associated challenge in finding a sustainable competitive advantage through having unique strategy that is hard to emulate or copy, managers will have the opportunity to be as creative as possible in this aspect so as to initiate their goals (Chaston, 2012). They will have the opportunity to go beyond the limit, and think of possibilities that are not yet realised in the current set up of the prevailing economic climate. Consider the point of the highly differentiated offerings for mobile communication gadgets and the remarkable upgrade from
Friday, January 24, 2020
The Problem of Evil Essay -- essays research papers
I do not believe that evilââ¬âas we typically understand itââ¬âexists in the world. I believe that what we perceive as evil is simply our misdirected use of the good that God provides. The reason that we even have an experience of perceived evil is because for the soul to experience itself as any particular thing, the exact opposite of that thing must come into the space. In other words, in this relative existence, hot cannot be hot without cold, tall cannot be tall without short, and you cannot be you without that which is not you. So I believe that what we call evil is just the opposite end of the spectrum of good, not something separate. Following this line of thought, the next step our logical minds would take, it would seem that in order for God to experience Itself as the all-consuming good, there had to be something called the all-consuming evil. Wrong! There is only God. God is all there was, all there is, and all there ever will be. Yet God wished to know Itself in Its own experience. Logically speaking, that which is divine cannot know and experience Itself except in the presence of that which is not divine. The problem is that which is not divine does not exist. So, since we have the power to create anything, we have simply called it forth through our thought process. That is to say we have imagined it. All religionsââ¬âand philosophiesââ¬âmust wrestle with the problem of evil. We can look all around the world and see what we would clearly label as evil. Many say, therefore, ...
Thursday, January 16, 2020
Rodrigo Duterte’s Early Presidency
Christian B. Mendoza Speech 30 THX-3 2018 ââ¬â 00308 Prof. Mary Jannette Pinzon A Duterte Reader: Critical Essays on Rodrigo Duterte's Early Presidency by Nicole Curato (editor) Philippine political landscape is always subject to change, with the emergence of conflicting political ideologies embodied and practiced by former and current political leaders. One of the defining beacons in the Philippine history was the 1986 EDSA People Power Revolutionââ¬âââ¬âa nonviolent mass demonstration that sought to overthrow the dictatorial regime of Ferdinand Marcos. Since then, governance in the Philippines has been consistent with ââ¬Å"the reformist, albeit elitist, narrative of the liberal democratic regimeâ⬠(Teehankee, 2016), as opposed to the authoritarian regime of Marcos. A shift to another form of government, however, does not necessarily mean that the country's condition would be improved in all aspects. In fact, people in authority have failed to deliver on their promises of initiating much needed reforms to conceive remarkable socioeconomic and political transformations. Therefore, the public's petition to bring about drastic solutions to the ills of the country was fulfilled by the sweeping electoral triumph of a former prosecutor and long-time mayor of Davao City, Rodrigo Roa Duterte, who now serves as the 16th and current president of the republic. Written by several scholars in academic disciplines, A Duterte Reader endeavors to understand the type of regime that the country now faces under the Duterte administration. It seeks to establish the factors that led to Duterte's landslide electoral victory in the 2016 presidential elections, and to examine the origin and level of support that the public has for his deadly ââ¬Å"war on drugs,â⬠which he vehemently declared to be the most pressing issue in the country. Moreover, the book sheds light on the legacy of American Imperialism in the country, and how it became a catalyst or one of the immediate causes to ignite a revolution among Filipino people, who have long been subject to systemic oppressions triggered by the machinations of the ruling class and the culture of elitism that it has instituted. The most striking parts of the book are the obvious manifestations of Duterte's presidential campaign slogan: ââ¬Å"Change is coming.â⬠Since his inauguration as the 16th President of the Philippines last June 30, 2016, these manifestations have surfaced in ways that prompted the public to engage in political discourse over all forms of social media. The driving force behind the citizens' political participation is that there is someone who finally recognizes their repressed anger towards social, economic and political injustices from which they have been suffering since the prevalence of elitism emanating from liberal democracy. To counter these injustices, Duterte has acutely focused on the obliteration of the illegal drug trade in the country through his controversial ââ¬Å"war on drugs.â⬠The rampant extrajudicial killings executed by corrupt police officers and vigilantes, who have no regard for the victims' human rights, are being justified by Duterte's portrayal of drug trade as something that poses a major threat to society and national security. Meanwhile, a certain chapter in the book was interesting to read in a sense that it is constantly encountered by people who use various social media platforms. Written by Cabaà ±es and Cornelio, The Rise of Trolls in the Philippines discusses the emergence of online political trolls, and its impact to promoting a democratic media in the country. This chapter also introduces Mocha Uson, a key figure in contemporary Philippine social media, who has branded herself as the voice of the ordinary people. The opportunity to enumerate the times when she has deliberately spread ââ¬Ëfake news' in social media (Arias, 2017) was neglected by these two contributors. A Duterte Reader enables the readers to be mindful and critical of the affairs unfolding before their very eyes, especially in an era where the proliferation of disinformation, or commonly referred to as ââ¬Å"fake news,â⬠has hindered netizens from objectively engaging in political discourse online (Bueno, 2017). The book gives a panoramic view of the Philippine political history, starting from the historic EDSA Revolution to an impending shift to a federal system of government under the Duterte regime, which would certainly leave a long-lasting impact to the country's political landscape. In addition, the book allows the readers to scrutinize the reasons why some people constantly extend their support for Duterte, or why they should not turn a blind eye to how Duterte intends to solve these issues. Between the pages of the book is a messageââ¬âââ¬âsimilar to the one that went viral online last March 2018ââ¬âââ¬âfor the readers to ponder on: ââ¬Å"Kapag namulat ka sa katotohanan, kasalanan na ang pumikit,â⬠roughly translating to: Once you've opened your eyes to the truth, it's a mistake to close them again. Based from the plethora of insights that the contributors have provided in this book, the readers should be able to discern this message. The book was written from a third-person point of view since the contributors wanted to discuss the factors affecting the politics of Duterte in an objective manner; thus, presenting both sides of the matter accordingly. The readers could somehow agree with what the contributors have stated regarding the several affairs of the country. They could observe the relevance of the information contained in the book when Duterte delivered his third State of the Nation Address (SONA) last July 23, 2018. He discussed the topics about different sectors such as businesses, conditions of the OFWs, his ââ¬Å"War on Drugs,â⬠foreign relations, agrarian sector, and tax reforms (Ranada, 2018). Some of the root causes of the points highlighted in his speechââ¬âââ¬âpersistent intervention of the American government in domestic political and economic affairs, and the incompetence of the previous administrationsââ¬âââ¬âhave been thoroughly analyzed by the contributors. Moreover, it is important to recognize the contribution that the book offers to the public since everything they have included in the book is a product of Duterte's persuasive public speeches, which hinge on the three primary elements of Aristotle's Model of Communication: ethos, pathos and logos (Timonera, 2018). As each chapter is written through comprehensive research, coupled with an array of trustworthy references, the book could be included in the auxiliary reading materials for students of various academic fields, specifically students of politics; or could be used by authors and researchers as their reference material when writing about certain issues that the book failed to include. Nevertheless, the book is certainly for anyone who wants to fathom this confounding event in the history of Philippine politics. References:Arias, J. (2017). A list of Mocha Uson's fake news posts. Preen. Retrieved from http://preen.inquirer.net/58185/a-list-of-mocha-usons-fake-news-postsBueno, A. (2017). The anatomy of ââ¬Ëfake news.' CNN Philippines. Retrieved from http://cnnphilippines.com/life/culture/politics/2017/10/12/fake-news-anatomy.htmlRanada, P. (2018). Quick point-by-point summary of Duterte's SONA 2018. Rappler. Retrieved from https://www.rappler.com/nation/208050-duterte-sona-2018-philippines-summaryTeehankee, J. C. (2016). Weak state, strong presidents: Situating the Duterte presidency in Philippine political time. Journal of Developing Societies, 32(3), 1-29. doi: 10.1177/0169796X16654594Timonera, P. G. (2018). The rhetoric of President Duterte's speeches and the Aristotelian conception of the rhetoric and public sphere.Paper presented at 25th World Congress of Political Science, Brisbane, Australia. Retrieved from https://wc2018.ipsa.org/sites/default/files/ipsa-events/wc2018/papers/paper- 101491-2018-07-01t111647-0400.pdf
Tuesday, January 7, 2020
The Importance Of Employee Bonuses And Company Growth Finance Essay - Free Essay Example
Sample details Pages: 3 Words: 914 Downloads: 3 Date added: 2017/06/26 Category Finance Essay Type Argumentative essay Did you like this example? Introduction Bonuses are used as an inducement to encourage employees to work harder. If a company performs well this year, it will have the ability to grant bonuses to its employees to boost the morale and the competitive drive of the employees. Many companies also give high bonuses to attract and retain talented employees. This effect is termed an incentive effect in previous studies. If the incentive effect dominates, then a positive correlation between bonuses granted and the subsequent company performance should . In other words, more bonuses granted, better subsequent performance. The employee bonus system was regarded in the past as one of the important reasons why high-tech companies in Taiwan could develop rapidly. Because it was viewed as distribution of earnings in accounting and taxed on the par value which is often lower than the market value, the employee bonus system has been widely adopted over the past twenty years and this practice, indeed, has attracted many talented peopl e . However, about eight years ago , foreign investors [of these Taiwan-based companies?] suspected accounting fraud involving the employee stock bonuses, since the bonuses are rewards in reality and therefore should be expensed as salary. Additionally, in order to align with the treatments in other countries, so that the financial statements can be compared among countries, the bonuses would have to be expensed in 2008 and stock bonuses would be taxed on the market value. However, because of the special treatment in accounting and taxation in Taiwan, companies could grant excess bonuses without being reflected on the income statement before the bonuses are required to be expensed. The members of the board, who determine the amount of bonuses given, may also be executives in the company, so they could participate in the bonuses program. When bonuses were perceived as distribution of earnings and did not have to be expensed in the income statement, some companies would grant exces s bonuses because the members who determine the bonuses also could get more money and the income number would not be reduced. When making investment decisions, the investors might be misled by the overstated income. Some companies granted bonuses to employees even when the companies did not earn money. In addition, because the stock bonuses were taxed on the par value which is often lower than the market value, the employees who were overpaid just had to pay a little tax to acquire the stocks and to become stockholders. Because the interest of the original stockholders is diluted, the effect is called a dilution effect in the studies. If companies exploit the regulation, we will expect to see a negative correlation between bonuses granted and the subsequent company performance. That is to say, if the bonuses given not because the board members want to motivate employees but because the board members want to take advantage of the regulation, then excess bonuses will be given and the subsequent performance will become worse. The previous literatures in Taiwan which explore the employee bonus system investigate factors influencing the amount of employee bonuses and the relationship between bonus and company performances. The main conclusion is that size, growth opportunity and industry will influence the amount of bonuses given and that an incentive effect exists but if the bonuses were expensed, a dilution effect would dominate. In practice, the bonus policy will be proposed by the board and then voted by the stockholders. So the corporate governance mechanism, like the composition of the board, will influence the bonus policy. Previous studies supported this conclusion. The corporate governance mechanism will influence the execution of the policy and the efficiency of operation so it will affect company performance. Therefore, the motivation of this study is to investigate the relationship between corporate governance and the determination of the bonuses and to explore whether this relationship will influence bonuses to result in an incentive effect or a dilution effect. To investigate the relationship between corporate governance and the bonuses, this study uses regression to distinguish two groups, the excess bonuses group and the adequate bonuses group, and then compares whether there are differences in the corporate governance variables in these two groups. Then I separately investigate the relationship between the bonuses and the performance in these two groups. I want to explore whether companies with bad corporate governance tend to distribute excess bonuses to employees and result in the dilution effect bigger than the incentive effect so the performance become worse next year. However, companies with good corporate governance may not distribute bonuses excessively so the incentive effect is bigger than the dilution effect and the compensation system can reach its goal to improve the company performance. In other words, I claim that whether the bonuses will result in an incentive effect or a dilution effect is related to the corporate governance mechanism. The empirical results support most of the hypotheses. The contribution of this study is that unlike the previous literatures which explore the relationship between the bonuses and the performance using the whole companies and reach the conclusion that bonuses have a positive effect on the performance but they would negatively influence the performance if the bonuses were expensed, this study distinguishes companies with excessive bonuses from companies with adequate bonuses and investigates separately the relationship between bonuses and performance in these two groups. I suppose that bonus itself may be an effective mechanism to encourage employees and its relationship with performance may be influenced by the corporate governance mechanism which will affect the bonuses policy. Donââ¬â¢t waste time! Our writers will create an original "The Importance Of Employee Bonuses And Company Growth Finance Essay" essay for you Create order
Subscribe to:
Posts (Atom)