You and Mulham were finalists for a management position in your organization. Today, you learned that Mulham was selected. Prepare the memo you’ll write on a congratulatory card to him.
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You and Mulham were finalists for a management position in your organization. Today, you learned that Mulham was selected.
Prepare the memo you’ll write on a congratulatory card to him.
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- You've just cemented a deal between a $100 million pension fund and Green Company, a large regional money manager. You and your staff put in long hours and a lot of effort to close the deal and are feeling very good about it. You and three of your direct reports are having lunch in a fancy restaurant to celebrate a promotion, when the waiter brings you a phone. A senior account executive from Green is on the phone and wants to buy you lunch in gratitude for all your efforts. "I'll leave my credit card number with the restaurant owner, he says. "You and your team have a great time on me." Describe three courses of action you might take and the pros and cons of each.On Monday, you have lunch with your co-workers and good friends, John and Marty. John shares with both of you that he has been interviewing with other companies and, in fact, is expecting an attractive offer from a competitor by the end of the week. He asks that you both keep it confidential, because the offer may not come in, or he may not accept it. But in all likelihood, he’s probably going to resign on Friday.On Tuesday, you have lunch with your boss, who says that the company’s financial position does not look good, and that they’re going to have to reduce overhead by cutting one (1) person on the staff by the end of the week – and the President must have the name no later than noon on Thursday. As difficult as it will be, your boss is leaning towards Marty – who you both agree has been a great employee, but perhaps the least productive of all the salespeople. He asks for your opinion on who you think is the most expendable employee on the sales team.…You are an employee working in the accounts office of Ukweli company listed on the Nairobi stock Exchange, and while working late one evening during the week, you realized that you had left your expensive pen in the boardroom at an earlier meeting and, given its value, you went upstairs to look for it. As you approached the door you heard the following discussion which was between the company C.E.O (Chief Executive Office and Brian (a Non -Executive director). “C. E.O: I am deeply concerned that if this fall in profit figures is disclosed in the next annual report, there will be all sorts of problems with the shareholders. We may even lose a number of big investors. Brian (also the cousin of the Chief Executive): (large sigh) Well, I suppose we could always find a way of making them look better. C.E.O: How? I can't see it at all. Brian: Well, we could make them just slightly higher than last year's figures by including the proceeds of the sales of our toothbrush division. C.E O: But…
- Read the case and answer the questions that follow. Tina, Jack, and Jade were just about to deliver a presentation together. Tina said, “Remember to emphasize our need for a larger budget.” Jack replied, “No, I think we need to emphasize our need for another member on the team.” Jade said, “I think you’re both saying the same thing, right?” Their boss, Cyndi, summoned them to the front of the room to start the presentation. Cyndi sat with several senior executives. She was embarrassed that the team didn’t appear professional. Tina was wearing a sharp-looking suit, but Jack and Jade were each dressed in jeans and a T-shirt. Tina started the presentation with some analysis of their sales performance over the past year. She sat down without saying anything about Jade’s portion of the presentation. Then, Jade spoke about ideas for a new product line. Next, Jack talked about some of their needs for next year’s budget. About halfway through his portion of the presentation, he discussed…Case Scenario As a recent pharmacy graduate, you have been working at a high-volume, large-chain community pharmacy for a short period of time. The current pharmacy manager is being transferred, and you are being considered for promotion. Develop a business / personnel plan that demonstrates your insight and understanding of the business as a potential manager and substantially supports your candidacy for this vacated position.You are part of a management consulting team retained by the Board of Directors of the company JC Penney with Ron Johnson's tenure. Identify any issues emerging from the leadership style and behavior of the company’s CEO, Ron Johnson and propose recommendations to address these issues. Describe the potential implications and pitfalls of your recommendation(s). Focus, in particular, on the practical matters associated with implementing your ideas.
- Which of the following statements are true about corporate directors? A. Directors are usually playing a major role in setting executive compensation B. It is comprised of individuals from both inside and outside a firm who provide strategic advice on decision making C. Most boards consist of 8 to 11 directors D. All of the above37-A good corporate governance always looks for a healthy relationship with the shareholders, which is only possible if O a. All of the options O b. The board keeps a less amount of retained earnings O c. There is a dialogue on mutual understanding O d. The board frequently announces dividendRead each of the following scenarios, and answer the corresponding questions. 1. You are the president of a company, and you have decided to relocate to take another leadership position.What should you remember when delivering the news to your organization? Check all that apply. Communicate the news openly.Offer little explanation.Let employee rumors communicate the news.Offer a clear, sincere explanation. 2. You recently conducted a series of interviews for an accounting position at your law firm. You’ve decided on a candidate but need to inform the other applicants that they were not selected for the position.How can you reduce the rejected applicants’ disappointment? Check all that apply. Use an indirect pattern.Use vague explanations.Compare the applicant to the candidate hired for the position.Reveal specific reasons for not hiring the applicant. 3. You are the general manager of a national clothing retail store. At the last minute, one of your night-shift managers has requested…
- Story: Larry wanted Michael to take over the firm so that Larry could focus on his favorite part of the business, which was redesigning the car and inventing new products. Michael agreed to help his father, and had visions of making the company a self-managed organization where workers had as much control as possible. Michael knew that he and his father had different visions for how Westward should be managed. Larry was an entrepreneur who liked to invent things, but he did not like paperwork. He was always tinkering with the car, improving it because he enjoyed responding to customer feedback. For him, the best way to grow Westward was by improving the design of its product. It was his company, his car, and he called the shots. There were few written policies, and a very limited paper trail. Inventory and parts were especially problematic, and often the assembly line had to wait for a rush-order of missing parts. Westward’s employees were happy that the firm was going to be managed…1. Under the principle of unity of command, a. employees can report to two managers, so they needs to decide whose directions no follow if multiple managers tell them to do things differently. b. employees can refuse to do both tasks if two different managers tell them to do two different things at the same time. c. employees will need to determine how they can multitask. d. employees need to decide which manager has more power if two different managers tell them to do two different things at the same time. e. employees should report to no more than one manager.You are the manager of Exceptional Enterprises. Two employees, Michelle and Carlos, have been working in the same department for several years. They have similar levels of experience and have consistently performed well in their respective roles. A higher-level position recently became available, and both Michelle and Carlos are interested in pursuing the promotion. As the department manager, you have developed a friendship outside of work with Michelle. Michelle shares with you her interest in the position and asks for your advice. How would you decide to handle the promotion process while balancing your friendship with Michelle and your professional responsibility to treat all employees fairly? Outline what you would do with a detailed selection process. Conclude by clearly describing your rationale for how you designed this process.