08 February 2014
EMBA 653: Fletcher Case Study
This study analyzes and discusses three shortcomings that prevented investment portfolio manager David Fletcher of Jenkins, Fletcher Partners (JFP) from realizing his team oriented operational expectations. His failures were attributed to poor personnel management, the inability to effectively select or establish team structure, and the failure to devise the appropriate incentives to motivate and reward employees. After careful review it is recommended that Fletcher must invest in personnel and team management training for himself, take a measured approach to create and sustain team structure and culture, and institute an incentive plan that fosters motivation and rewards the
…show more content…
Instead a non-team member of the firm had to intervene, and Fletcher responded by isolating Whitney to obtain her perspective on the matter and ultimately making the decision to fire Doyle with no guidance or performance improvement plan.
In addition to poor people management, the lack of a formal team structure contributed to team performance issues. Fletcher falls prey to the team scaling fallacy, believing that growing the staff would immediately reduce the number of hours needed to perform research. Fletcher failed to set a vision or direction for the team and he never defined or communicated team roles and responsibilities. He did not consider the coordination necessary to share and leverage common industry knowledge or to make joint investment decisions despite the fact that team members could benefit from each other’s industry research. Whitney and Doyle’s interests and expertise were never aligned in this sense and they became competitive in a harmful manner as each strived to become a portfolio manager. Fletcher also failed to establish a formal feedback mechanism such as 360 degree reviews to track and monitor team member progress towards achieving goals. Another analyst, Rachel, eventually established her own review mechanism, but had to prompt Fletcher to provide necessary feedback which was not aligned with her own expectations.
Fletcher did not promote a team structure through the use of incentives that would
Many children await the day when they can be considered grown up. For them it represents a time where they possess more rights and privileges. However, for middle children which are between the ages of 7 through12 this time may seem more like a nightmare because it marks the time when they undergo physical and mental changes. These physical and mental changes have a major impact on their development. The subject in this scenario is a little boy named Mark who is being bullied at school by a group of older boys to the point that he has received bruises from the encounters. As a result, Mark dislikes going to school for the fear of being embarrassed or hurt and the looming threat of recurring bodily harm if he asks for help from the teachers. This situation has become so serious that Mark is barely eating and has withdrawn himself from his peers in efforts to avoid the boys who are bulling him. After examining the above scenario, this paper will explain Mark’s different issues based on signs of biosocial, cognitive and psychosocial development and discuss what should be done to help Mark succeed in his current situation based on research.
b. What medium would you use to reach each of these parties and what would your relative resource allocation be to each?
4- The committee and Ms Beckel decided to include a religious studies curriculum in the program. The principal approved of it. However, Ms Wright one of the community members did not. She threatened to show up at the committee meeting with the media. On the day of the meeting, Ms Wright showed up with a placard protesting the use of the bible in public schools.
Incremental cash flows is the difference between the cash flows a company will have if it implements the new project versus the cash flows the company will have if they choose not to embark
3. Something is missing from the scenario. Based on his history, L.J. should have been taking an important medication. What is it, and why should he be taking it?
The applicants are morally correct as long as their action promotes their long term interest. If their action produces or will produce for them a greater outcome of good, versus evil in the long hall than any other alternative, than that action is the right one to act on, and the individual should take that to be a moral act. An Assessment of Morality by Ethicsinbusiness.net
As a member of management Clive Jenkins is responsible for boosting employee morale to ensure that company goals are met
Scenario: An elderly woman showed symptoms of near syncope and was admitted via ambulance to a small community hospital. She experienced an inability to move on her own and almost lost consciousness while watching her grandson play basketball. Her symptoms occurred during a visit to her daughter’s home, which is approximately 150 miles from Liza’s home. When Liza was admitted to the hospital, her daughter explained the numerous types and dosages of medications her mother was taking. She also mentioned that Liza had not been taking her Coumadin as directed by her physician for the past week or so. Liza was admitted to the intensive care unit for evaluation. Over the course of hospitalization, Liza’s condition worsened.
Explain to her (through her daughter as necessary) what you will be doing. You might want to explain that t takes extra time to listen to her heart & that just because you listen for a long time does not indicate there is a problem. Move your stethoscope in inch-long increments, in a Z pattern across the chest, from the base of the heart, across & down, then over to the apex. Although heart sounds are generally lower in pitch,
The court deciphering between criminal negligence and recklessness. Criminal negligence being a person failing to perceive a substantial and unjustifiable risk that the result will occur or that the circumstance exists. The risk must be of such nature and degree that the failure to perceive it constitutes a gross deviation from the standard of care that a reasonable person would observe in the situation.
IgG – funtions in neutralizing, opsonation, compliment activation, antibody dependent cell-mediated cytocity, neonatal immunity, and feedback inhibition of B-cells and found in the blood.
As mentioned in the introduction of the mini case, Hobby Horse Company, Inc. (HH) experienced a tough year in 2011. HH opened up a number of new stores but experienced a poor Christmas season. Christmas season is the biggest sale period for retail stores. As a result, bad Christmas sales performance played a big part of HH’s loss for year 2011. As we computed the financial ratios for HH, we can see the effects from new stores openings and poor sales performance.
Scenario: John is a 4 year-old boy who was admitted for chemotherapy following diagnosis of acute lymphoblastic leukemia (ALL). He had a white blood cell count of 250,000. Clinical presentation included loss of appetite, easily bruised, gum bleeding, and fatigue. Physical examination revealed marked splenomegaly, pale skin color, temperature of 102°F, and upper abdomen tenderness along with nonspecific arthralgia.
Functional magnetic resonance imaging (fMRI) technology would be best reveal the location and extent of damage to Tim’s brain produced by his
Mr. Hugh Tudor (55 yrs) is a well-known person in Milville, where he has been living for 30 years. He is involved in lot of social activities and has a reasonable pension and savings. He is becoming restless in his retirement and shows interest in investing in The Leeds Livery, local British pub in Milville, which could provide him with more challenges. While discussing this matter with his friend, he found out that the pub has great potential to perform well as it once exceeded the profit percentage of the industry. Mr. Tudor is in the process of exploring this opportunity but still has several questions rising in his mind.