After a long day of research for debate, I left the Half-Price Books, or as I liked to call it “My Second Home” exhausted and ready to board the bus home. As I walked out the door, a book titled Conscious Capitalism caught my eye. It promised to be an interesting defense for modern capitalism and I decided to read the book. Throughout the commutes, I still could not wrap my mind around a business model that claimed to be conscious, but did not discuss transparency or optimizing non-financial measures. Instead, I characterized conscious capitalism as profit-maximization through a facade of prioritizing issues that any business should innately do. I tolerated the book until my picture of a successful business began to clash with the pictures
Leaders are perhaps uncovered at many different levels and situations (Simmons, 2011). However, leaders in many organizations lead when forced into the spotlight and find out they are not equipped to function effectively. Becoming a leader can be as simple as leading a small team, a group or a community organization (Jennings, 2012). The truth of the matter
A leader is described in different ways, some are naturally talented to be a good leader, and some obtain their leadership ability from their environments or from their experience, and others get leadership ability from academic, career, and accumulated skills. According to Principles of Business Administration,
Leadership can be defined as the ability of a company 's management to make sound decisions and inspire others to perform well (Investopedia, 2014). From the beginning of time, in the middle of all the major changes and historical events there where effective and motivated leaders having a wide sphere of influence and inspiring other groups of people to be creative and efficient. A leader is defined as a person or thing that holds a dominant or superior position within its field, and is able to exercise a high degree of control or influence over others (businessdictionary,2014).Leaders have always played a major role in the evolution of technology as well as in forming the very lifestyle of today’s society. Effective leaders are able to set and achieve challenging goals, to take swift and decisive action even in difficult situations, to outperform their competition, to take calculated risks and to persevere in the face of
"Leaders are people who are able to express themselves fully they know who they are, what their strengths and weaknesses are, and how to fully deploy their strengths and compensate for their weaknesses. They also know what they want, why they want it, and how to communicate what they want to others in order to gain their cooperation and support. Finally they know how to achieve their goals" (Ingram, 2004).
Leadership is, and always has been, a vital aspect of social and economic constructs. It is essential to the survival of societies, industries, organizations, and virtually any group of individuals that come together for a common purpose. However, leadership is difficult to define in a single, definitive sense. As such, theories of leadership, what constitutes a great leader, and how leaders are made have evolved constantly throughout history, and still continue to change today in hopes of improving upon our understanding of leadership, its importance, and how it can be most effective in modern organizational cultures.
In nearly all the activities we engage in, and the organizations we are incorporated to there are leaders whether at the top most level or the junior levels. The prime purpose of their existence is to offer guidance and control over certain things. However, it has been argued that not everyone can become a leader. This is because there are certain traits believed to be existent in someone that makes them qualify for the leadership post. Some have however disagreed with this concept saying that anyone suits to become a leader if though they are given the platform.
Economy is even important to the level of who we are as individuals and families. Dr. Richards’ introduction describes the importance of embracing the true facts about economics and not to be blind by our presuppositions. He sets the book up in such a way to show the fact about capitalism and dispel the myths about it. Dr Richards’ argues that there are 8 major myths about capitalism. The first is the Nirvana Myth. This is the myth perpetualizes the idea that we need to chase a world/economy that is perfect this side of heaven in other words socialism or communism. The author’s describes that no real society can do this because we are corrupted and cannot fulfill on a true utopian society. The second myth is the Piety myth that he describes as “focusing on our good intentions rather than on the unintended consequences of our actions.” (43) A good example of the Piety myth is the Super Bowl Championship t-shirts are made for both teams before the game. Once one is declared the winner and presented with there t-shirts, the losers t-shirts are sent to a third world country with no regard to how that will affect local clothing salesman. In the conclusion of this myth Dr. Richards provides insight that charity should be sought after but for the longevity of prosperity capitalism must be spread to alleviate poverty. (58) The third myths is the Zero-Sum Game Myth. This is the situation if there is a winner there is a loser. It is the idea that Bill Gates is so
Give an example a corporation that is currently practicing "conscious capitalism" (except Whole Foods). Specifically, how are they practicing "conscious capitalism"? The Container Store practices “conscious capitalism”. They are practicing by paying their full-time sales employee a minimum of $50,000 a year and this figure is doubled for their retail stores. The CEO Kip Tindell believes that paying their full-time sales employee would keep them motivated and would help keep the workers motivated, also bring in motivated workers to work for the corporation. And with these highly motivated employees, their turnover rates is less than
A leader’s position and responsibility would therefore be akin to that of a shepherd leading sheep or the captain of a boat that is taking people to a destination, who had to steer the boat through dangerous and convoluting waters. The lives, the prospects and hopes of the passengers depend on how well the captain performs as a leader.
Leadership is defined in Webster’s Dictionary as the “action of leading a group of people or an organization.” Leadership is also the ability to set trends, inspire, motivate, and sway others to produce desired results. There are different styles and ways of performing leadership and a good leader has the ability to take ordinary people, put them all together, and hopefully yield successful results. For organizations to have sustained results from their performance there must be a good balance of business insight, technical and interpersonal skills, and good team dynamics. A leader must know how to use all these areas as well as trust and communicate with their people in
In today’s society, each and every one of use has a different view on what capitalism is and what freedom is. As we went through this section we focused on different writing that covered capitalism and freedom and the cultural view on each aspect. While all focused on these aspects they all had their own view on what each was and what utopian society would be like for each and everyone.From all of these documents we get a wider picture of what one person in one certain culture views freedom versus what another culture views as freedom. Looking back onto the texts that we have discussed the most prominent documents that we looked into that really spoke to the true meaning of freedom and capitalism lays with Friedrich Hayek’s work in The Road to Serfdom, The Shock Doctrine by Naomi Klein, and the Communist Manifesto by Karl Marx and Friedrich Engels. All three works focus on capitalism and freedom but everyone has a different view of what those look like to them.
Leading a group to business success is not an easy task to overtake. Therefore, it isn’t a surprise to encounter countless articles and studies examining the abilities and qualities successful leaders hold. The focus is often not only on accomplished business leaders, but also on auspicious individuals in other sectors.
“Leadership is more ability than job. Moreover, it is all about determination, ability to solve problems, set direction for followers, gather them for common purpose and motivating people to achieve tasks. Furthermore, it is a charisma and the ability to reacting at the right time for a particular competitive situation” (L.Mullins, 2010, P372).
There are always chances and possibilities to become a good leader regardless the odds against you, gender, age, race, education, previous experience, etc. This paper defines what leadership is and it explains the relationship between leadership and influence. It also highlights the importance of finding opportunities to develop skills and creating strong to become a good leader. It is also emphasized the power of influence that comes from motivating your team, to improve performance and satisfaction and that setting a clear goal is mandatory for good leadership. The conclusion summarizes all the topics under discussion.