A Future Chief Executive Officer

"We must have a currency, not as rigid as now, but readily, elastically responsive to sound credit, the expanding and contracting credits of everyday transactions, the normal ebb and flow of personal and corporate dealings. Our banking laws must mobilize reserves; not permit the concentration anywhere in a few hands of the monetary resources of the country or their use for speculative purposes in such volume as to hinder or impede or stand in the way of other more legitimate, more fruitful uses. And the control of the system of banking and of issue which our new laws are to set up must be public, not private, must be vested in the Government itself, so that the banks may be the instrument, not the masters, of business and of the individual enterprise and initiative…"

In Energetics meets Generex negotiation, I was acting as a Chief Operating Officer (COO) for Energetics Corporation and my opponent and my classmate Chace Eskam was acting as a COO of Generex Corporation. In this deal, as a COO I was supposed to sell the Wind energy division of the Energetics to Generex. Energetics Corporation was in desperate need of cash due to bankruptcy. Another hurdle was that I could not sell three different locations of Wind plants individually. My company needed cash within three months with no additional terms added to this deal. My another best alternative was to sell all the assets of Wind Energy division to generate some cash if deal with Generex fails in this negotiation. Our negotiation went on for 15-20 minutes during class time and deal was set in $247 millions. My opponent Chace was very tough in this negotiation to deal. He was very prepared with facts and numbers before he came to the table. My opponent asked me lot questions such as the depreciation of the property, equipment’s life, taxes etc. After having lot of discussion we ultimately came to the conclusion that Generex will pay Energetics $247 million right away in cash to purchase Wind Energy division from Energetics.

We interview the site general manager for a company called Bombardier Transportation. His name is Jeff Gaffney. His official company title is MARC Operations General Manager. Bombardier Transportation is one of two subsidiaries of the company. The other half is Bombardier Aerospace. The parent company is called Bombardier Inc. Bombardier Inc. is headquartered in Montreal Canada. Jeff Gaffney is only involved in the transportation division of the company which is headquartered in Berlin Germany. Bombardier is the leading manufacturer of trains and the third leading manufacturer of planes. The company as a whole has roughly about 72,000 employees with a revenue averaging around $16.8 billion. These numbers are statistics split between the two divisions of the company. As stated before Mr. Gaffney is involved in the transportation division of the company so that is what the interview was primarily about.

The most important leadership hat of the president is the Chief Executive Hat or power. In respect to this hat, the president of the United States has the power to enforce laws of the United States, create policies, appoint federal judges, and fires or hire officials or representatives within the executive branch. This hat is important because it enables the president to make decisions that help maintain the economic stability as well as the political stability of the country. For instance, by enforcing laws and appointing federal judges, the president is able to make decisions that help maintain stability within the United States. In turn, this enables economic indicators such as businesses to flourish efficiently.

Banks that were destroyed during the Great Depression were saved by these great men. “Some banks could not be saved but the great majority of them, either through their own resources or with government aid have been restored to complete public confidence.” (Text 3, Lines 9-10). This quote is explaining that banks that had collapsed received help from the government, gave safety and restored confidence which was a pro of FDR and his administration. Not only did these men assure the country their safety, they improved many industrializing things. One way that FDR received enterprise was becoming involved in the field of investment and improving conditions. “The second step we have taken in the restoration of normal business enterprise has been to clean up thoroughly unwholesome conditions in the field of investment” (Text 3, Lines 17-19). In other words, they straightened up any financial and economic problems occurring in the country by correcting the investment fields, causing a rise of the country’s happiness and confidence that FDR and his administration will support their struggles. To wrap up, FDR and his administration revitalized enterprise during the Great

He thinks Roosevelt did not help to restore American economy, rather, he changes it to what the economic system was like in Europe before WWI, in which government controlled everything (business, taxes, and borrow money from citizens to invest). He believed Roosevelt did not create a new economy, he simply just substituted with an old one which was a threat to American traditional (private system) economy. He also thinks the New Deal made the country in huge debt ($19 billion before Roosevelt, $250 billion after Roosevelt, and government budget of $40 billion instead of $4 billion before Roosevelt). He used examples like the doubled-prices-inflation and how it reduced the lower-paid employed workers to a state of poverty as bad as that of the unemployed in the depression to show how the New Deal is hurting the economy. He also talked about how more people are on various kinds of government relief than when the country had 11 million unemployed, and how bureaucrats are in every field of life. With all that, he argued, the President and his policies is still calling for more power, more price-fixing, more regulation, and more billions. Same thing with the political, he thinks Roosevelt did not restore the political system to its full strength, he changed it instead. He uses examples like how he is trying to break down the power of Congress and put it all in his own hand. In conclusion,

In the year 1993 when Franklin D. Roosevelt gained the presidency the nation was going through a crisis known as the Great Depression. In his inaugural address he highlighted the economic issues that the american people were being faced with. During this time taxes had risen, many were jobless, others had to settle for low wages, hundreds of people lost years of savings. After F.D.R. reiterates the economic problems the people were being faced with he told them who to blame. He reminded them that the economy hadn’t fallen due to lack of resources, but by the stubbornness and incompetence of the ‘rulers of exchange’ better known as bankers.

Though money is lacking there is still nature. He even goes as far to say that the country is in better shape than when the forefathers were alive. The parts in which he mentions nature and all it was to offer is a bit ironic. This is because the farmers that were not careful in the way and in what they planted ruined the land. Over time that began to add up, which lead the nation straight into the Dust Bowl. Because of the Dust Bowl, farms were lost and so were many jobs, but FDR states that employing people is on the top of his list. Leading with, “This is no unsolvable problem if we face it wisely and courageously” (Peters/Woolley). He idea was that the government should employ the people, and he compared this crisis as to how the government would handle the threat of a war. At the time the country was not at war, so instead they would employ the people to work on projects that the country was in need of. FDR would later create the WPA, Works Progress Administration, to employ people for these projects. WPA had a huge impact on the work force, “employed eight and a half million Americans” and “built 650,000 miles of roads, 78,000 bridges, 125,000 civilian and military buildings, 800 airports, and 700 miles of airport runways”

The United States has come to be known as a major world superpower throughout history. One of the main parts of America that has contributed to its renowned strength has been its economy. The United State’s economy has been growing ever since it began. Credit for its strength and progress in development can be attributed to the financial geniuses of their time. John D. Rockefeller became an economical giant during his time when he changed the face of business by developing ground-breaking new strategies to ensure financial success. Rockefeller dramatically changed the business field during The Gilded Age. He did so through the use of his social Darwinistic philosophy of capitalism, inclusion of vertical and horizontal integration,

I am writing in order to state why I deserve the FBLA Future Business Leader award. I believe that I am a leader in my community in which can be shown through my volunteer and leadership experience in the past as well as the present.

He said, “In the fields of economics, they have fleeced us to the backbone, impoverished our people, and devastated our land”. As his quotation,

Since the beginning of time people have been affected by their income and ability to accumulate wealth. People live their lives spending or saving money based on their own expectations of what the economy might do. For hundreds of years we have studied how the economic decisions of individuals and governments affect the welfare of society as a whole. John Maynard Keynes introduced a new economic theory that emphasized deficit spending to help struggling economies recover. Keynesian economics revolutionized the traditional thinking in the science of economics. His ideas and theories were deemed radical for his time but were later enacted by some of the largest governments in the world including the United States during the Great Depression. President Franklin Roosevelt enacted the New Deal in an attempt to stimulate the economy through government spending. In this paper I will be giving background to the history economics, the Great Depression, the New Deal, the development of Keynesian Economics. This paper will focus on analyzing the following question: In an attempt to address high unemployment and economic contraction, was Roosevelt’s The New Deal efficacious in stimulating the economy and ending the Great Depression?

“An effective training program needs a high-quality program design to maximize trainee learning and transfer of training. Program design refers to the organization and coordination of the training program.” (Noe, p. 193) Doug Conant became CEO of Campbell’s Soup in 2001 in the midst of a tumultuous time for the company. Campbell’s Soup stock was hitting rock bottom and “in Conant’s words, the company had "a very toxic culture." Employees were disheartened, management systems were dysfunctional, trust was low, and a lot of people felt and behaved like victims” (Duncan, 2014). To change the culture, Conant implemented the CEO Institute to “create a meaningful

The U.S. never fully recovered from the Great Depression until the government employed the use of Keynes Economics. John Maynard Keynes was a British economist whose ideas and theories have greatly influenced the practice of modern economics as well as the economic policies of governments worldwide. He believed that in times when the economy slowed down or encountered declines, people would not spend as much money and therefore the economy would steadily decline until a depression occurred. He proposed that if the government injected money into the economy, it would help stimulate consumers to purchase more and firms would produce more as a result, in a continuous cycle. This cycle is called the multiplier effect. Keynes ideas have

As Satya Nadella takes over the position that Mr. Ballmer once endured, his spirit took off with great confidence concerning his new role at the company (Microsoft, 2014). The next decade is likely to reveal the level of success his abilities bring to the future of the company and his own status as leader.