Fastow, Lay, and Skilling were acting their own best interest with complete disregard for other employees and stockholders. It didn't make a difference to either of them who would lose everything as long as they had plenty of money and didn't get caught. The extent to which these individuals acted ensured not only the downfall of the entire company but everyone that had anything to do with the company.
Enron is definately an example of the agency problem. The managers were clearly not working for the benefit of the stockholders, but for themselves. The stockholders played the role of funding these poor strategies and losing a great deal of money for it.
Thursday, September 27, 2007
Tuesday, September 25, 2007
Senior Business Seminar- Assignment #6
Read chapter 2 and the case study at the end of the chapter, "The Collapse of Enron". By 7:00 AM on October 2, please do the following. Your group will be assigned one of the five questions at the end of the case. The first person in your group to post should publish a new post labeled: Enron- Question #_- their first and last name. The rest of your group members should publish their remarks under comments to their fellow group member. They should specifically state whether they agree or disagree with the original post and support their position. The last person in the group to post must summarize the best thinking of the group.
Monday, September 24, 2007
Communications Question # 3 Tyler Bishop
Level Three Communications strategy was to “raise money, rapidly build a high-capacity fiber-optic network that linked major cities in the United States, and then cut prices to attract demand from major users of fiber-optic networks…” Crow initial strategy did not work and actually ended up putting Level Three in bankruptcy. However they managed to stay afloat and went into a different direction with the company.
However, even with the failure of the initial strategy Crow believes that his first strategy will work in the future. I don’t think the plan was unrealized, in the technology business it is impossible to predict the future. Sometimes people and companies are lucky with their strategies and others backfire like Level Threes did. Crows initial strategy is still part of the company, but they have expanded their business strategies instead of just focusing on the initial strategy that failed.
However, even with the failure of the initial strategy Crow believes that his first strategy will work in the future. I don’t think the plan was unrealized, in the technology business it is impossible to predict the future. Sometimes people and companies are lucky with their strategies and others backfire like Level Threes did. Crows initial strategy is still part of the company, but they have expanded their business strategies instead of just focusing on the initial strategy that failed.
Level 3 Communications # 1 Chad Schrepper
In the late 1990's the strategy of the Level 3 Communications was to was to meet the demand of the fiber optic capacity due to its growth rate of 1,000 percent a year. Level 3 Communications was established by Crowe because the " demand will far outstrip the supply for the foreseeable future. The company was funded by a number of wealthy investors including Crowe. The overall goal was to raise money, rapidly build a high capacity fiber optic network that linked many cities in the United States, and cut prices to attract demand from major users of fiber optic networks.
Level 3 Communication
Level 3 dealt with fiber-optics, and like most companies in the technological boom of the 90's, they were looking for rapid growth and even more rapid increase of assets. This was their planned strategy. While they were trying to attract large firms with their price cuts and attract demand with their high capacity network, they were trying to build up their monetary situation. Their plan, in its entirity, by cutting prices and offering a higher capacity network, was to generate a higher profit, by catching a large majority of the market.
Level 3 Communications Question #2- Mike Dombrowski
The planned strategy of Level 3Communications in the late 1990's has multiple parts and goals. The first part and goal was for Level 3 Communications to raise money and also rapidly build a high capacity network of fiber-optics that will connect many major cities in the United States. Another part of the planned strategy is to cut prices in order to attract demand from major users of fiber-optic networks which include major corporations, Internet service providers like AOL, and other traditional telecommunications companies. Crowe also believed that the demand for his network would be "highly elastic" and that if he cut prices, that the revenues of Level 3 Communications would rise rapidly.
Level 3 Communitcations Question #3- Andrew J. Gordon
Level Three Communications is an interesting company. It has a very specific strategic plan on when, how, and why their company was going to be successful. Level Three took an optimistic look at the potential for great profit in the future. Unfortunately though, I do not believe Level Three took into account any of the drawbacks or threats that were also foreseeable in the future. The company was so caught up with the idea of flooding the market with this new technology that was essential to the world, that they did not think of other advances in technology which would also make business communications more proficient and profitable.
Level Three had a remarkable business plan. Their only flaw was the fact that they did not recognize their threats, those being competitors, advancements in technology, and capitalistic greed. Best thing they need to do is to acknowledge not only your competitive advantages but also your threats and risks.
Level Three had a remarkable business plan. Their only flaw was the fact that they did not recognize their threats, those being competitors, advancements in technology, and capitalistic greed. Best thing they need to do is to acknowledge not only your competitive advantages but also your threats and risks.
Level 3 Communications Question # 2 Eric Yoshikawa
2/ Why was Level 3 communications able to raise so much capital? It was able to gain so much captial because it was a successful company. They had a product that was in demand. This was around the time internet got really popular. The market wasn't ready for it and couldn't support it. The rate at which internet traffic was growing was high but not high enough. Or atleast not to be "printing money". While the product was in demand it wasn't as high in demand as Mr. Crowe thought it was. He was very successful, had lots of funds to his name, and his company was doing well. Nobody expected it to go down. While it wasn't a total loss. The company found ways to do work and still use the fiber wires, but not as much as was intended.
So was it a total loss? In my mind no. It was ahead of its time yes. It however was not a loss. Eventually we will need what Mr. Crowe predicted for communications. Not right away though. The company still has the chance to grow and be ahead of the competition, it still has other avenues it can use until that time reaches.
So was it a total loss? In my mind no. It was ahead of its time yes. It however was not a loss. Eventually we will need what Mr. Crowe predicted for communications. Not right away though. The company still has the chance to grow and be ahead of the competition, it still has other avenues it can use until that time reaches.
Level 3 Communications Question #3: John Garrity
When reading the case about level 3 communications, I had one vision along with Jim Crowe; growth! His planned strategy from the beginning seemed to surpass the competition after choosing to move on instead of retiring. It wasn't the fact that his plan was unrealized, it was the commitment and strategy's of his company which may pay off in the long run.
After acquiring all of the businesses he bought out, the 21st century has seen some growth. Crowe believes that success is coming with time and patience. I believe that Crowe has initiated his intended strategy to grow, therefore, creating more opportunities in the long run. Yes, it may be a risky situation, but who's knows what could happen without trying. Sales have been increasing along with debt decreasing, so why not take a shot. Whether or not his prior strategies have been working, it comes down to the future, not the past.
After acquiring all of the businesses he bought out, the 21st century has seen some growth. Crowe believes that success is coming with time and patience. I believe that Crowe has initiated his intended strategy to grow, therefore, creating more opportunities in the long run. Yes, it may be a risky situation, but who's knows what could happen without trying. Sales have been increasing along with debt decreasing, so why not take a shot. Whether or not his prior strategies have been working, it comes down to the future, not the past.
By the late 1990’s network trafficking began to grow rapidly. Crowe’s anticipation of the growth allowed him to raise funds in order to make his company a major producer of fiber optics. By having everything planned out investors were eager to get into the business early. With the knowledge that internet network traffic was doubling every hundred days his company was able to cut costs in order to raise demand. Crowes plan turned out well and level 3 communications was able to make billions.
Level 3 Communication-Danny Santana
Level 3 communication was able to raise money for many of reasons. Crowe got money by showing the lack of capacity for rapid demand. If level 3 got involved it would make money almost instantly. By having a clear strategic plan that would pay off, helped investors make the important decision to jump in.
Level Three Communications #2- Jenna Giardina
Level 3 was able to raise so much money because of a couple reasons. One what Crowe was selling was basically a promised money maker. "Once the fiexed costs were covered, it would be like printing money". Also Crowe got money from investors because he showed that soon enough there would be not enough capacity for the rapid demand that was comming and if Level 3 became involved then it was an instant money maker. Investors I think were also eager to jump in because of his clear strategic plan that promised a big pay off in the end.
Level 3 communications Question # 2
In the late 1990’s Crowe’s beliefs were starting to come true, concerning the rise in net-work traffic. The net work traffic was doubling in demand every 3 months. This was astronomical for any company and their future in the world of net working. Crowe decided to start the company “Level 3 Communications” where they would specialize in building state-of-the-art fiber optics.
The strategy of the company was a very, well thought out and to the point. Crowe’s goal was to raise money, build a high capacity fiber optic network, and then cut prices to bring in high demand from huge organizations that are in desperate need for a faster networking capability. Crowe believed that in cutting the cost in the net-work price, and then he will bring in higher revenue for the company. That is why the company was able to raise so much Capital. Lower cost by 1 percent, yet the demand has risen 1,000 % in one year. These type of odds will really bring in a huge gain for the organization.
The strategy of the company was a very, well thought out and to the point. Crowe’s goal was to raise money, build a high capacity fiber optic network, and then cut prices to bring in high demand from huge organizations that are in desperate need for a faster networking capability. Crowe believed that in cutting the cost in the net-work price, and then he will bring in higher revenue for the company. That is why the company was able to raise so much Capital. Lower cost by 1 percent, yet the demand has risen 1,000 % in one year. These type of odds will really bring in a huge gain for the organization.
Level 3 Communications Question # 4 - Ronnie Vajdak
Level 3's business strategies have evolved over the years but still aim at the original goals of the company. Level 3 began as a fiber optics production company to meet the expected huge demands of internet growth. When that growth did not immediately materialize and Level 3 and its many competitors began to lose profit, a new strategy was needed. Crowe acted quickly to change his company's direction with the help of investors. He first took the company in a new direction, buying two software distribution companies, which he claimed would reinvigorate the use of his fiber optics by distributing and maintaining the software over his network rather than manually, cutting costs and eventually bringing a profit. Crowe also began buying up his bankrupt competitors, in an effort to consolidate the fiber optics business and reduce competition. In 2004, Level 3 began working on an internet telephone network, giving new competition to the traditional telephone companies.
With these new strategies, Level 3's revenues have been growing again. Crowe still believes that the original business plan will be saved by the new technologies his company now provides. He believes that the software distribution and internet phone services will gradually begin to increase demand for fiber optics networking, which will repay the original debt of his company. In this way, the new strategies of the company are making it possible for the old one to be realized.
With these new strategies, Level 3's revenues have been growing again. Crowe still believes that the original business plan will be saved by the new technologies his company now provides. He believes that the software distribution and internet phone services will gradually begin to increase demand for fiber optics networking, which will repay the original debt of his company. In this way, the new strategies of the company are making it possible for the old one to be realized.
Level 3 Communication Questions #2 - Sean Doherty
Level 3 Communications was able to raise so much capital by the explosive growth of the internet. Scientist Michael O'Dell told Jim Crowe that the internet network traffic was doubling everyone hundred days. This inspired Crowe to establish a state of the art fiber optic network that would link major cities in the United States. He made all of his money by after establishing the new network, Crowe cut prices to attract the demand of the major users of fiber optic users.
CoCo Minott #2
When Crowe sold his company there was already an explosive growth of the internet, along with a surge in the amount of digital data being pushed through fiber optic pipes. By 1997 the network traffic was said to double every 100 days. This put fiber optics in very high demand.
This gave Crowe the perfect opportunity to start his new business, for fiber optics. By 2001 his company was already worth 13 billion dollars. Because Crowe was well known he was aslo able to survive the crash of the fiber optics market later on.
This gave Crowe the perfect opportunity to start his new business, for fiber optics. By 2001 his company was already worth 13 billion dollars. Because Crowe was well known he was aslo able to survive the crash of the fiber optics market later on.
Level 3 Communications Question #1 - Danielle O'Neill
The planned strategy of Level 3 Communications in the late 1990's was to raise money and build a high-capacity fiber-optic network that linked major cities in the United States, and then cut prices to attract demand from major users of fiver-optic networks, including corporations, Internet service providers and traditional telecommunications companies. Crowe believed that Level 3 should concentrate exclusively on carrying Internet traffic for service providers and corporations.
Level 3 Communication Question # 1 Jonathan Coltrain
During the late 1990's Level 3 Communication wanted to develope a state of the art fiber-optic network. They wanted to create this so they could balance the growing demand of the internet. Jim Crowe stated that the price elasticity of this product would be very high. He recommend if lowered it would bring in more customers. But as it turns out the idea was already being pursude by other companies as well.
Sunday, September 23, 2007
Level 3 Communications Question #1- Mallory Clynes
The planned strategy of Level 3 Communications in the late 1990s was to build a state of the art fiber optic network to balance the growing demand of the Internet. Jim Crowe argued that the demand for his network would be highly price elastic. He also believed that Level 3 Communications should concentrate on carrying Internet traffic for service providers and corporations.
Thursday, September 20, 2007
Level 3 Communications Question # 1 - Sandra Adams
In the late 1990s, the strategy of Level 3 Communications was to build a state-of-the-art fiber-optic network to balance the growing demand of the Internet. The increase in fiber-optic cables would provide stronger communications between networks and large cities. Also, the forecasted demand would be so elastic that by lowering the price by a small portion would bring in more customers. The strategy used by Level 3 Communications would have been extremely successful, but unfortunately for them, too many other companies were executing the same idea.
Senior Business Seminar-Assignment #5
By 7:00 AM on Tuesday, September 25, read the case study at the end of chapter 1, "Shattered Dreams: Level 3 Communications". Select any question at the end of the case that has yet to be answered by 4 students. Publish your answer in a new post of no more than 2 paragraphs. Label your post: Level 3 Communications Question # _ - Your first and last name.
Wednesday, September 19, 2007
Strategic Leadership-Mallory Clynes
After reading the article, both authors have the same views on strategic leaderships. Great strategic leaders have commitment, are well rounded, and can work well with any obstacle that comes his or her way.
My view has not changed on what I believe a strategic leader is. I still feel very strongly that a great strategic leader can multi-task and work with anyone or anything that comes his or her way. He or she is also able to come up with situations for different problems that they may or may not face in the future as well.
My view has not changed on what I believe a strategic leader is. I still feel very strongly that a great strategic leader can multi-task and work with anyone or anything that comes his or her way. He or she is also able to come up with situations for different problems that they may or may not face in the future as well.
leadership 2- Andrew Gordon
This is a continuation of my prior blog.
While i do not agree with all the points that the reading selection and video touched upon, i do agree with that success is measured through results, and results vary on what is going on in the world and where the world is heading. Results are what allows leaders to shine... When you have the determination to accomplish something the true leader in you will thrive...
While i do not agree with all the points that the reading selection and video touched upon, i do agree with that success is measured through results, and results vary on what is going on in the world and where the world is heading. Results are what allows leaders to shine... When you have the determination to accomplish something the true leader in you will thrive...
Leadership - Andrew Gordon
I have read all this work on leadership qualities, and how people are trying to transform our generations into the future leaders of the world. I have always been a devout believer in leaders are born not made. While yes practicing certain charachteristics can make you have the qualities of a good leader, i have always viewed your best leaders are those that lead without trying. What i mean by this is, A leader does not expect to be a leader nor want to be a leader. He or she does what they do just because they need their to be a certain outcome and in order to achieve that outcome they take the neccessary steps in leading others to success and their ultimate goal.
Strategic Leadership - Danielle O'Neill
After reading the article, "Building A Leadership Brand," I believe that many of the points stated in the article coincide with many of the points brought up in the text. The biggest difference is that the article focuses mainly on strengthening the team rather than the individual, but the concept is very similar. The 5 strategies listed in the article follow the 6 qualities of being a strategic leader; First, setting a strategy and finding talent. Second, make sure that the leaders reach the customers expectations. Third, use customer feedback for evaluations. Fourth, invest in programs that will better the managers. And lastly, track the success of the leadership over a long period of time.
After taking into consideration all three sources, I believe that my opinions of being a strong leader have remained the same. All of the sources have great strategies and list great qualities for being a successful leader individually and as a team.
After taking into consideration all three sources, I believe that my opinions of being a strong leader have remained the same. All of the sources have great strategies and list great qualities for being a successful leader individually and as a team.
Leadership- Ian Stuart
Success can be gained in a multitude of ways, but it seems to me, that leadership is the most important factor of success. Strategic management is the most important tool a company can have. If their management is spot on, than any type of company, offering any type of service, can become succesful. Though strategic leadership is the most important key, there is no set process in said management. Jack Welch did not conform to any type of leadership process, and in fact, that is probably what made him so sucessful. So strategic management, is crucial, but can be taken a number of different ways, this said, strategic mangement can become succesful if the managers can be forceful in their mission of implamenting a management plan. Because of this, I will be able to look at strategic management with an open mind and open eyes. I'm now aware that the way i manage is the key to my success and not my actual business (within reason).
-Ian Stuart
-Ian Stuart
Leadership- Danny Santana
After reading both assignments for class I came to the conclusion that if you are compassionate to your employees then you are a good leader. Also, a good leader clearly states goals the company has to set forth in order for them to be successful.
I agree with these readings some what. I don't believe that compassion makes a good leader. Yes, the leader has to deal with employee issues that may arise but he/she should be stern in order for tasks to get done properly and effectively. If you are too compassionate your employees will walk all over you and your company will be negatively effected.
I agree with these readings some what. I don't believe that compassion makes a good leader. Yes, the leader has to deal with employee issues that may arise but he/she should be stern in order for tasks to get done properly and effectively. If you are too compassionate your employees will walk all over you and your company will be negatively effected.
Strategic Leadership- Mike Dombrowski
After reading the article "Building a Leadership Brand" in the Harvard Business Review, I came to the conclusion that the two authors of this article, Ulrich and Smallwood, would agree with the textbook of ours on what characteristics facilitate a good strategic leader. They feel that a person needs to have certain attributes, like compassion and caring for fellow employees and those under them. Also, a person in this position needs to have the ability to have a vision of where they want the company to go, while at the same time having the ability to convey this to the consumer.
My view on what constitutes a good strategic leader has not changed much since I have read the textbook and what it stated were the pieces that make up a good strategic leader. Both the DVD we watched on Mr. Welch, former CEO of GE, and the article we were just assigned to read, "Building a Leadership Brand", have backed up the textbook. All three of these pieces of media have suggested and reiterated similar ideals about the characteristics a strategic manager should be made up of.
My view on what constitutes a good strategic leader has not changed much since I have read the textbook and what it stated were the pieces that make up a good strategic leader. Both the DVD we watched on Mr. Welch, former CEO of GE, and the article we were just assigned to read, "Building a Leadership Brand", have backed up the textbook. All three of these pieces of media have suggested and reiterated similar ideals about the characteristics a strategic manager should be made up of.
Strategic Leadership- Dan Attella
Strategic Management is something that is generally implemented prior to the company going into business, embedded into their mission statement, or something that needs to be implemented slowly. In the article "Building a leadership Brand" Ulrich mentions a few different companies, in different industries, with similar goals. It is obvious that from the beginning, these companies have embraced the ideas of strategic management, where managing is not just the allocation of a companies resources, but also the effective and intelligent use of HUMAN resources. To be able to offer the best services and products for people (customers) one has to recognize the fact that the business itself is run by people (customers). Everyone is a customer in one way or another and for a company to embrace strategic management it effectively recognizes that people need to be treated like people, not machines.
He also goes on to mention that a leadership brand is what a customer can come to expect from all facets of a company. It is the production of not only a product or service, but also exceptional leaders to accompany the process. A process is only as good as the minds behind it. The authors in the article, and the book seem to agree with each other in terms of strategic leadership. They both seem to be saying that strategic management is about managing everything, including what isn’t on the surface. Ulrich says, "Leadership brand is a reputation for developing exceptional managers with a distinct set of talents that are uniquely geared to fulfill customers’ and investors’ expectations." I believe that this unique set of talents is listed in our text on pages 19-21. Vision Eloquence, and Consistency, Commitment, Being Well Informed, Willingness to Delegate and Empower, The Astute Use of Power, and last but not least, Emotional Intelligence. My thoughts on strategic leadership have been affected, but not changed. I respect Welch for who he is and what he has done, however I think the reason why he was and is so succesful is becuase he did it his way. Conforming to someone elses leadership style is not the way to go if your planning on being the next Jack Welch. There is no "Next Jack Welch" However there will be the new leaders of tomorrow, and one day they will be up on stage being grilled by an audience of potential MBA recipients, all becuase they were inovative and creative when it came to managing their company. So my mind will forever be open to new ideas when it comes to managing and running a business.
He also goes on to mention that a leadership brand is what a customer can come to expect from all facets of a company. It is the production of not only a product or service, but also exceptional leaders to accompany the process. A process is only as good as the minds behind it. The authors in the article, and the book seem to agree with each other in terms of strategic leadership. They both seem to be saying that strategic management is about managing everything, including what isn’t on the surface. Ulrich says, "Leadership brand is a reputation for developing exceptional managers with a distinct set of talents that are uniquely geared to fulfill customers’ and investors’ expectations." I believe that this unique set of talents is listed in our text on pages 19-21. Vision Eloquence, and Consistency, Commitment, Being Well Informed, Willingness to Delegate and Empower, The Astute Use of Power, and last but not least, Emotional Intelligence. My thoughts on strategic leadership have been affected, but not changed. I respect Welch for who he is and what he has done, however I think the reason why he was and is so succesful is becuase he did it his way. Conforming to someone elses leadership style is not the way to go if your planning on being the next Jack Welch. There is no "Next Jack Welch" However there will be the new leaders of tomorrow, and one day they will be up on stage being grilled by an audience of potential MBA recipients, all becuase they were inovative and creative when it came to managing their company. So my mind will forever be open to new ideas when it comes to managing and running a business.
Strategic Leadership - John Garrity
When I was done reading the article tittled "Building a leadership brand", there was one section that seemed to jump out at me concerning the similarity between the 6 principles in our text. The strong leadership brand has many similarities in relation to the 6 principles of strategic leadership in chapter one of our text. The leadership brand follows 5 principles which include many instances that seem to agree towards the skills expressed within each of the 6 principles in the book. These similarities include; setting a strategy (Brand) & Vision/Direction (6 Prin); Managers internalize external constituents (Brand) & Being well informed (6 Prin); Development of skills (Brand) & Emotional intelligence (6 Prin). Dave Ulrich and Norm Smallwood also explain that it takes a long time to build a leadership brand, which in turn, also means that there has to be a lot of commitment/patience involved to created a great final product. Theses are just a few examples to provide evidence that the authors of "Building a leadership brand" agree with the views of strategic leadership.
My views of strategic leadership have changed slightly after reading the article and watching the DVD. I am a true believer in what Jack's was trying to promote as a leadership style. I think along the same lines as Jack and support everything he has to say. It was eye opening experience to see a billionaire speak about his experiences with meaning and passion behind it. The Leadership Brand concept has a lot of good ideas, but didn't change my view of leadership compared to Jack.
My views of strategic leadership have changed slightly after reading the article and watching the DVD. I am a true believer in what Jack's was trying to promote as a leadership style. I think along the same lines as Jack and support everything he has to say. It was eye opening experience to see a billionaire speak about his experiences with meaning and passion behind it. The Leadership Brand concept has a lot of good ideas, but didn't change my view of leadership compared to Jack.
Startegic Leadership- Jonathan Coltrain
After reading "Building A leadership Brand", and through our book for class about leadership, I found out that they are quite similar. In both the article and book, they pretty much believe that it takes compasion to be a good leader, someone who will show trust to their co-workers. Also, someone who clearly states their goals and follows up on them as well.
I believe that my belifes towards leadership have not change since watchin the movie and reading the article. I feel that i have gained newer information towards my thoughts on it though, through listening to people who have had lots of experience in the leadership role.
I believe that my belifes towards leadership have not change since watchin the movie and reading the article. I feel that i have gained newer information towards my thoughts on it though, through listening to people who have had lots of experience in the leadership role.
In my opinion the article "Building a Leadership Brand" and our text book share the same views on leadership. In order for a company to succede they need to have strong and intellingent leaders who clearly state their goals and follow through with them thoroughly. If the leaders of a company work hard and set a good example it is likely that the rest of the company will folllow due to the respect their superiors have earned from them.
After watching the video and reading the article i feel strategic leadership is the only way to lead a business. Jack Welch used a pretty simple strategy backed by the best leaders he could possibly find and became very succesful. In the end i feel good leadership will always get the job done.
After watching the video and reading the article i feel strategic leadership is the only way to lead a business. Jack Welch used a pretty simple strategy backed by the best leaders he could possibly find and became very succesful. In the end i feel good leadership will always get the job done.
Strategic Leadership - Sean Doherty
After reading the article "Building a Leadership Brand" out of the Harvard Business Review and the six different leadership characteristics from out text, i have found that both authors state similar facts on what types of characteristics leaders should have. The key similarites i found were that a leader has to have compassion for what he/she is doing, individuals are very different and will have different qualities, and a leader should always support a positive reputation for the company.
After watching the movie on Jack Welch and reading this article, my personal beliefs on leadership qualities have not changed but increased. I found that both take on leadership establishing mottos, such as Jack Welch's 4 E's in a P and the, "outside in" program from the article.
After watching the movie on Jack Welch and reading this article, my personal beliefs on leadership qualities have not changed but increased. I found that both take on leadership establishing mottos, such as Jack Welch's 4 E's in a P and the, "outside in" program from the article.
Strategic Leadership - Ronnie Vajdak
Both authors, Dave Ulrich and Charles Hill would agree with each others view of strategic leadership. They both agree that all individuals have different characteristics. It is important as a company to identify these characteristics and choose managers accordingly. In "Building A Leadership Brand" it goes a little more in depth about how different types of companies hire managers with specific characteristics that match their unique image and customer expectations. They use the "outside-in" approach to establish this leadership brand.
My views on strategic leadership have not changed but after reading the Ulrich article I realized how difficult it may be for many companies to try to sustain a certain reputaion. I could definitely see how hiring the right manager is extremely important in retaining that image in the public eye. Training managers is important but changing their leader characteristics they carry can be very difficult and sometimes even impossible.
My views on strategic leadership have not changed but after reading the Ulrich article I realized how difficult it may be for many companies to try to sustain a certain reputaion. I could definitely see how hiring the right manager is extremely important in retaining that image in the public eye. Training managers is important but changing their leader characteristics they carry can be very difficult and sometimes even impossible.
Strategic Leadership - Kyle Toelken
In my opinion the authors of the article “Building a leadership brand” makes a lot of key points that agree with our text book concerning the 6 key steps in strategic leadership. The article talks about using a “leadership brand” as their type of strategic business plan. The approach that they used was the “outside-in” approach. This approach lets the companies decide what should be known by the customers. For example: If the company has good management skills, then they would incorporate that into the slogan that they want to be known for within the company.
The book and the article both touch on key factors of running ones own company. Each set of key facts are slightly different due to people/companies being individuals. Every company is different in the way that they run their business effectively, also in the types of employees that work their. The text book, the author “Dave Ulrich, and also Jack Welsh have great points of their own, which all stay closely tied to the main key points of becoming a great leader in the business world.
The book and the article both touch on key factors of running ones own company. Each set of key facts are slightly different due to people/companies being individuals. Every company is different in the way that they run their business effectively, also in the types of employees that work their. The text book, the author “Dave Ulrich, and also Jack Welsh have great points of their own, which all stay closely tied to the main key points of becoming a great leader in the business world.
Strategic Leadershiip- Daniel Wolski
The Article "Building a Leadership Brand" and the thoughts in our text share many things in common. Leadership is both a quality some are naturally gifted with, but also one that is strategically developed and organized. A good leader is trustworthy, someone who does what he promises he is going to do.
In a very strategic fashion Jack Welch, former CEO of General Electric formulates a strategic method that all great leaders posses, and must exhibit in order to be great and effective leaders. it is as Welch calls it four E's rapped in a P Energy, Energizer, Edge, Execute, Passion.
In a very strategic fashion Jack Welch, former CEO of General Electric formulates a strategic method that all great leaders posses, and must exhibit in order to be great and effective leaders. it is as Welch calls it four E's rapped in a P Energy, Energizer, Edge, Execute, Passion.
Strategic Leadership---CoCo Minott
I think the Leaderships skills in both the text book and the article agree with each other. One of the most important aspects a company needs to have is a clear and strong statement, for what they want to be known for. This can then be linked to leadership/management skills required for the company.
Both in the movie and the article they explain the importance of working together instead of trying to make indviduals better; they focus on building a wide range of organizational leadership capabilites. The two also stress the importance of social skills and compasion.
My views of strategic leadership has not changed, I just have more information about it than I learned from the book and the movie.
Both in the movie and the article they explain the importance of working together instead of trying to make indviduals better; they focus on building a wide range of organizational leadership capabilites. The two also stress the importance of social skills and compasion.
My views of strategic leadership has not changed, I just have more information about it than I learned from the book and the movie.
Tuesday, September 18, 2007
Strategic leadership- Jenna Giardina
I think that the authors would definitely agree with what the text says about strategic leadership. What I picked up on, that was the same, was that good leaders back up what they say. If they say they are going to do something, they do it. This is a great way to build confidence in your employees because it shows that you are trustworthy. If an employee can’t trust who they are working for it makes it hard to work and I think that the work also suffers.
I think that with what I have read and what I saw in the video it has only reinforced my ideas about strategic leadership. It is obvious that energetic, motivators, people with passion, and people that can make the hard decisions are going to be the best leaders.
Strategic Leadership - Sandra Adams
The authors would agree with the views on strategic leadership that are presented in the text. Both show that a good strategic leader should provide the results they have promised to their employees, stockholders, and customers. It is a way to build the reputation positively in the business field as well as turning out better managers to move on and change other companies.
My views on a stragtic leader have not changed too much after reading the article and viewing the DVD with Jack Welch. I have only add more qualities to the list of what a good strategic leader should possess including a need and willingness to bring about change to a company and to be very passionate about the company.
My views on a stragtic leader have not changed too much after reading the article and viewing the DVD with Jack Welch. I have only add more qualities to the list of what a good strategic leader should possess including a need and willingness to bring about change to a company and to be very passionate about the company.
Senior Business Seminar- Assignment #4
By 7:00 AM on Thursday, September 20, read "Building A Leadership Brand," by Dave Ulrich and Norm Smallwood in the July-August 2007 edition of "The Harvard Business Review" (available on-line at the university library). Write a 2 paragraph new post addressing the following: Do the authors agree or disagree with the views on stategic leadership presented in our text (pages 19-21)? As a result of reading this article and viewing the DVD on Jack Welch how has your view of what constitutes a strategic leader changed? Label your new post: Strategic Leadership- your first and last name.
Monday, September 17, 2007
Leadership Self-Assessment - Ronnie Vajdak
My strength of good strategic leadership is emotional intelligence. I often find myself settling disputes between customers and workers at work, and between friends at parties. Although I do get emotional myself, I am able to supress the emotions at times of need.
My weakness of good strategic leadership is willingness to delegate power. Growing up I never liked working in groups and often worked alone. I have since learned to work in groups quite effectively but from time to time I still catch myself trying to do things my way instead of considering the others ideas.
My weakness of good strategic leadership is willingness to delegate power. Growing up I never liked working in groups and often worked alone. I have since learned to work in groups quite effectively but from time to time I still catch myself trying to do things my way instead of considering the others ideas.
Leadership Self Assesment - Daniel Wolski
after considering which one of the six strategic leadership characteristics is my strongest attribute I will have to settle with, Vision, Eloquence, and Consistency. In many ways it has become a hindrance, but I love being in control, and I enjoy being "the" decision maker in all kinds of situations. It seems to be natural for me to just start calling shots and taking control when there is a lack of leadership in a tough situation. One example that comes to mind happened just a few weeks ago. I work at a State Park where there is a campground that has about 150 sites. On a busy Friday night a very bad wind and rain storm moved through quickly. Large trees went down, on top of campers, people, cars and more, two individuals got seriously hurt. Soon as the first camper came to the ranger station and explained what had occurred in the park everyone of my co-workers looked at each other with panicking expressions, even my supervisor. I quickly went into action and started delegating jobs to different workers telling one to call 911, others to go get chain saws and start clearing debris so rescue workers could drive into the campground. As the whole ordeal unfolded, I made decision and gave commands and people just seemed to follow them. Even my supervisor seemed overwhelmed and it seemed like he looked to me for leadership.
At the same time that i am quick to dish out my clear and compelling vision of how I think things should happen or where I think the organization should go. Often I do not take the time to become well informed, and my decision making suffers because of it. I realize it is a weakness, one I need to work on. often times i do not want, or do not take time to consider other peoples good ideas, and i just excuse them assuming that mine is better.
At the same time that i am quick to dish out my clear and compelling vision of how I think things should happen or where I think the organization should go. Often I do not take the time to become well informed, and my decision making suffers because of it. I realize it is a weakness, one I need to work on. often times i do not want, or do not take time to consider other peoples good ideas, and i just excuse them assuming that mine is better.
Sunday, September 16, 2007
self assessment
I think I am good at managing people. My brother and I worked as site managers for a painting company, there we had hands on experience "running the show" if you will. With painting companies like any other company you have jobs that small jobs that nobody wants to do. (ie work later to get a project done on time). I found that I'd do everything I could for the guys below me (the painters). Even though my boss didn't do everything he could have for me. It doesn't have to be anything huge it can be something like taking a coffee break for 15 min within 2 hours of work. Or inviting the guys to have a beer at the bar with you when your all done with work. With the company I had to lead by example. If their was a section I wasn't confident with getting on top of a 32' ladder, why should I have someone else do it. Now I'm not a tall person so heights have never really been my thing. But what I'd do is say "hey I'll do this section you do the next one." You'd be surprized how far that can get you. I've had my boss say that then not show up and tell me it had to be done by that day. I tend to show what I want done, and set the expectations. This one kid and I was working with I showed him how to get one section done faster. and him and I got done with a 10x10 section in less then 15 min when he thought it was impossible. "Value the worker", workers are you most important asset. If my boss is telling me that the house has to be done and I don't have the right equipment to work around power lines, I'd love to tell him to get lost. But I don't get paid unless it's done. So for sections like that it is me that'll do them not anyone else.
I think one of my strengths is a down fall aswell. I'm friendly with the guys I work with the guys I work with. Well it isn't fun to not atleast be friendly with your worker, you are their to work. I've found that this depends on the worker. Almost every worker I worked with we could joke around and I could point out something for him to do better. Others would react with a sarcastic tone. I think it's important for everyone to know when to draw the line between boss and friend. I think the best way for this is to start out holding a little bit back at first. And gradually open up to them. If you find out that certain people you aren't going to get along with as well as others you might as well finish some projects and make some money.
I think one of my strengths is a down fall aswell. I'm friendly with the guys I work with the guys I work with. Well it isn't fun to not atleast be friendly with your worker, you are their to work. I've found that this depends on the worker. Almost every worker I worked with we could joke around and I could point out something for him to do better. Others would react with a sarcastic tone. I think it's important for everyone to know when to draw the line between boss and friend. I think the best way for this is to start out holding a little bit back at first. And gradually open up to them. If you find out that certain people you aren't going to get along with as well as others you might as well finish some projects and make some money.
Leadership Self-Assessment- Kyle Toelken
I believe that my strengths as a leader in a business setting is in my Commitment to the organization that I work for, in making sure the job is done right and also in a timely manner. During my internship over the summer I had to administer tests to the employees, to help them better understand their job duties and also on how to do them effectively and efficiently. In doing this, I had to learn all of their jobs first in order to teach them the proper way to work. This task was extremely difficult because of a massive language barrier I had with a lot of the employees. During my duration of working their, I showed the employees that I was committed and determined to help them better their skills and also lend them a hand when they needed help. My determination and hard work helped me become a leader to the workers where they learned to listen to what I had to say and not give me the cold shoulder.
One of the six characters that I believe is to be my weakness is in my willingness to Delegate and Empower. I try to take to much responsibility on my shoulders and then quickly become over loaded with tasks that I can’t complete in a timely manner. I need to realize that there are other workers in the office and let them take responsibility for certain decisions.
One of the six characters that I believe is to be my weakness is in my willingness to Delegate and Empower. I try to take to much responsibility on my shoulders and then quickly become over loaded with tasks that I can’t complete in a timely manner. I need to realize that there are other workers in the office and let them take responsibility for certain decisions.
Leadership Self-Assessment - John Garrity
At the beginning of chapter one, the first thing that caught my eye was the brief overview illustrated at the bottom of the first page. The question, “why do some companies succeed while others fail?” seemed to instantly engage my mind to think outside of the box. Yes, you could look at the surrounding economy or the influx of booming industries, but there is one thing about business that creates a successful atmosphere; the businessman himself. Looking at the strategy making process from a manager’s (businessmen’s) standpoint, I was able to already apply some of the reading to my previous work experience, depicting a sole event which demonstrated my strengths, as well as weaknesses.
For the past three summers I have been working for a non-profit agency called Northeast Occupational Exchange. As the Sports Coordinator for the Summer Treatment Program, I work with kids from ages 5-17. This program serves children and adolescents who may be having conflicts at home, attending school, and/or participating in community activities because of emotional/behavioral problems often cited as a mental health diagnoses. As you can imagine, it’s extremely stressful, but very rewarding job if you contain the skills to help these kids turn their life around. My job is to manage the sports program by delivering the clients with new skills they can use in the real world when playing sports/games with their friends. Employed at N.O.E for three years, my most noticeable strengths come under the emotional intelligence category. I have to be able to use my self-awareness, self-regulation, motivation, empathy and social skills to get me through the day without triggering bad behavior in the kids that I am teaching. I have to be able to understand the different behavior of each child and adjust my style to meet their needs. I have to be able to control and direct these children, but along the same lines use empathy towards the individuals I know have severe interaction problems. Most importantly, I have to motivate myself and use my social skills to correctly instruct them without escalating their behavior. On the downside, my weakness falls under the willingness to delegate and empower category. Although I am in charge of a section of the agency, I have trouble delegating my power among the individuals I work for. I don’t have much say in the meetings I attend, nor do I have the power to make any changes in the program. Although I have a lot of responsibility, I find myself doing a lot of the work for my peers in order for the day to go by smoothly. If I don’t go by the book, there is no other way (which is the only downside to my job).
For the past three summers I have been working for a non-profit agency called Northeast Occupational Exchange. As the Sports Coordinator for the Summer Treatment Program, I work with kids from ages 5-17. This program serves children and adolescents who may be having conflicts at home, attending school, and/or participating in community activities because of emotional/behavioral problems often cited as a mental health diagnoses. As you can imagine, it’s extremely stressful, but very rewarding job if you contain the skills to help these kids turn their life around. My job is to manage the sports program by delivering the clients with new skills they can use in the real world when playing sports/games with their friends. Employed at N.O.E for three years, my most noticeable strengths come under the emotional intelligence category. I have to be able to use my self-awareness, self-regulation, motivation, empathy and social skills to get me through the day without triggering bad behavior in the kids that I am teaching. I have to be able to understand the different behavior of each child and adjust my style to meet their needs. I have to be able to control and direct these children, but along the same lines use empathy towards the individuals I know have severe interaction problems. Most importantly, I have to motivate myself and use my social skills to correctly instruct them without escalating their behavior. On the downside, my weakness falls under the willingness to delegate and empower category. Although I am in charge of a section of the agency, I have trouble delegating my power among the individuals I work for. I don’t have much say in the meetings I attend, nor do I have the power to make any changes in the program. Although I have a lot of responsibility, I find myself doing a lot of the work for my peers in order for the day to go by smoothly. If I don’t go by the book, there is no other way (which is the only downside to my job).
Self Assessment - Danielle O'Neill
In terms of leadership, I believe that one of my strongest characteristics is commitment. As a leader, I feel that many people better understand when one leads by example, using actions and words to convey one's message effectively. Being committed means being serious about the task at hand, which requires becoming an integral part of the team. One other strength that I believe I possess is my ability to stay well informed in order to get involved within the company. An authentic leader is dedicated to developing themselves and their peers by gaining the knowledge that it takes to better themselves and the others around them.
One of my potential weaknesses is the astute use of power. I like to be in control of most situations, and I often believe that the end result of group work may not be as great as if I would have completed the project on my own. I have realized that being a leader doesn't mean being a dictator, it means working with others for the best possible outcome.
One of my potential weaknesses is the astute use of power. I like to be in control of most situations, and I often believe that the end result of group work may not be as great as if I would have completed the project on my own. I have realized that being a leader doesn't mean being a dictator, it means working with others for the best possible outcome.
3A Leadership Self Assesment - Dan Attella
In terms of leadership I think that over the coarse of my four years here at FPU, I have evolved from a shy introvert to a semi-outgoing socialite. I say semi-outgoing because there are days where I walk with my head down and my headphones in, because its my way of getting away from the stress that comes with school, and work. As far as the strategic leadership characteristics I think the one that best suites me is "Emotional Intelligence". From what I understand by what others have told me, I have a good sense of awareness, especially when it comes to knowing how others are truly feeling. I think this is a characteristic I picked up from my mother. However my strength can be a weakness as well. Sometimes I over think or over analyze how someone might be feeling and it turns out that I am completely wrong. Some people are easier to read than others.
I feel as if I have a good conscience in terms of controlling my impulses and motivation. Some good examples from my life come from the first week before school starts every year. I go through "leadership training" every year in order to complete the requirements for being a CA, formally known as RA. This training involves a lot of self-motivation and persistence when it comes to the activities that we do to bond our staff. Being the only CA who has been on staff for three years I feel I have an obligation to the new CA's coming in for their first year. I play an important roll in training in terms of motivating others, and leading by example. I am always the first one out of my chair and the last to sit down. This really encourages the younger, fresher CA's to step up to the plate and have some fun with it.
My biggest weakness in terms of the six options of strategic leadership is "Being Well Informed". I feel like sometimes my shyness gets the best of me, so when it comes time to step up and see how others are doing, I might just shy away. Sometimes it is hard for me to speak up in groups because my voice doesn’t carry that well, so I might chose to not say anything at all. But I feel like I can make this weakness into a strength by motivating my team and my self by something other than money. If I can spark a passion for success in the rest of my team than I think my shyness will be over-come.
I feel as if I have a good conscience in terms of controlling my impulses and motivation. Some good examples from my life come from the first week before school starts every year. I go through "leadership training" every year in order to complete the requirements for being a CA, formally known as RA. This training involves a lot of self-motivation and persistence when it comes to the activities that we do to bond our staff. Being the only CA who has been on staff for three years I feel I have an obligation to the new CA's coming in for their first year. I play an important roll in training in terms of motivating others, and leading by example. I am always the first one out of my chair and the last to sit down. This really encourages the younger, fresher CA's to step up to the plate and have some fun with it.
My biggest weakness in terms of the six options of strategic leadership is "Being Well Informed". I feel like sometimes my shyness gets the best of me, so when it comes time to step up and see how others are doing, I might just shy away. Sometimes it is hard for me to speak up in groups because my voice doesn’t carry that well, so I might chose to not say anything at all. But I feel like I can make this weakness into a strength by motivating my team and my self by something other than money. If I can spark a passion for success in the rest of my team than I think my shyness will be over-come.
Leadership Self-Assessment - Mike Dombrowski
Upon completion of reading chapter one, I saw that it ended with what would make up a person who is in fact considered a good strategic leader. The book notes that there are six major characteristics that would define someone as a good strategic manager. Though I realize that I do not harness all of these attributes, there are some, however, I feel I do possess. The main strength out of these that I see in myself is commitment. Throughout my life I have been committed to a number of things and have always gave everything I had to that specific area of my life until it was over with. Whether it was school, sports, family matters, or even my own particular health and exercise, I have always committed thoroughly and seen them out. Even today I have been continually committed to certain goals or visions which are in the process of being ascertained at some point in the future.
Out of the six parts of what makes up a good strategic leader, the one I envision would be a weakness of mine would be the willingness to delegate and empower. I have never been put in a situation where it was up to me to give instructions to certain individuals about what needed to be done. I have always been a self-relient person and never really had to deal with being put in a setting where a job needed to be done by assigning certain portions to particular individuals. I have always liked nowing that my sucess or failure was due to something I had complete control over. I like having my own fate in my hands so that if something does not go as I had hoped, the only person to place the blame on is myself.
Out of the six parts of what makes up a good strategic leader, the one I envision would be a weakness of mine would be the willingness to delegate and empower. I have never been put in a situation where it was up to me to give instructions to certain individuals about what needed to be done. I have always been a self-relient person and never really had to deal with being put in a setting where a job needed to be done by assigning certain portions to particular individuals. I have always liked nowing that my sucess or failure was due to something I had complete control over. I like having my own fate in my hands so that if something does not go as I had hoped, the only person to place the blame on is myself.
Leadership Assessment-Danny Santana
I believe one of my stronger characteristics are vision, eloquence, and consistency. Since I was younger I always knew which direction I wanted my future to head in. Throughout my internship on Wall Street I worked for a company called S.C.S. Commodities in which I had to allocate trades that brokers finalized throughout the day. If I weren't consistent in making sure prices of crude oil and the amount of lots sold were correct, I could have cost my company a huge chunk of money.
I think my weakness is the willingness to delegate and empower because I am not a very outgoing person. While in groups I generally take a back seat and allow others to speak up and lead. It is easier for me to lead in other activities but group work doesn't necessarily bring out the best in me and it is something I must work on if I plan to be a successful businessman.
I think my weakness is the willingness to delegate and empower because I am not a very outgoing person. While in groups I generally take a back seat and allow others to speak up and lead. It is easier for me to lead in other activities but group work doesn't necessarily bring out the best in me and it is something I must work on if I plan to be a successful businessman.
Assignment 3- Mallory Clynes
One of my strengths would have to be commitment. In every class that requires a group project I work extra hard on my part as well as others in my group. I tend to be the type who doesnt trust others while working in groups because in high school I was used to being the only one doing the whole project while the rest of my group did nothing. Last fall semester in global economy we had a module due every week and I did every module by myself. One module was almost 20 pages. Also I over the summer during my internship at Six Flags my roomate and I worked over 65 hours a week and offered to come in on our days off when they were short staff. There was actually times when we were suppose to be out of work at 5 and we stayed until 11:30 or midnight.
One of my weaknesses is vision, eloquence, and consistency. I tend to be really quiet especially when doing presentations and talking to people that I dont know. Over the summer I did improve a little on this. I am starting to feel a little more confindent about myself, but for the most part Im really quiet and shy. In high school my dance teacher hired me as a teacher as well as an assistant dance teacher where I had to talk for hours every week to my students parents and in front of my whole studio. After doing a presentation for more than 5 minutes I am able to talk freely and comfortably.
-Mallory Clynes
One of my weaknesses is vision, eloquence, and consistency. I tend to be really quiet especially when doing presentations and talking to people that I dont know. Over the summer I did improve a little on this. I am starting to feel a little more confindent about myself, but for the most part Im really quiet and shy. In high school my dance teacher hired me as a teacher as well as an assistant dance teacher where I had to talk for hours every week to my students parents and in front of my whole studio. After doing a presentation for more than 5 minutes I am able to talk freely and comfortably.
-Mallory Clynes
Thursday, September 13, 2007
One of the strategic leadership characteristics that I believe to be my biggest strength would be commitment. Commitment I think would be one of the most important. If you think about it, if the leader is not committed to whatever it is they are apart of, then the team they are in charge of doesn’t have much of a motivation to be much better. If you see your captain or boss slacking off then usually you’re going to do the same. Attitude reflects leadership. I myself am on the women’s soccer team here at Franklin Pierce and commitment is very important. We have been asked to be 100 percent committed on and off the field since I came in as a freshman. This means sacrifices like not going out and partying on Friday nights and putting in time at the weight room even after a long practice. The team comes first.
My weakness would be astute use of power. I think usually that I have a good idea but can’t always get my ideas across to my teammates or partners in the right words. This makes it hard for them to want to go along with my idea, usually because they don’t understand it, no fault on their own but because of my inability to get the message acrossTuesday, September 11, 2007
Leadership Self-Assessment – Sandra Adams
One of the characteristics that I believe to be my strength is vision, eloquence, and consistency. I can see the direction I want to take in my future and make it happen. I succeed in accomplishing many difficult obstacles that I have encountered that hinder the progress of realizing that vision. I push to complete my work in a very timely manner and at a high quality level. This is presented by the fact that I will be graduating a semester early while majoring in both Accounting and Management.
One of my weaknesses is my willingness to delegate and empower other people. This is usually because I don’t trust many people to complete their work to my standards of quality, especially if I don’t know the person well. Of course, this lack of trust results in the majority of the responsibility lying on me to ensure that the work is correct. This has been a result of other students not living up to their responsibilities in a group project and I end up fixing their work at the last minute to ensure my grade is not compromised.
One of my weaknesses is my willingness to delegate and empower other people. This is usually because I don’t trust many people to complete their work to my standards of quality, especially if I don’t know the person well. Of course, this lack of trust results in the majority of the responsibility lying on me to ensure that the work is correct. This has been a result of other students not living up to their responsibilities in a group project and I end up fixing their work at the last minute to ensure my grade is not compromised.
Senior Business Seminar-Assignment #3 A and B
3A Read chapter 1 and analyze your own strengths and weaknesses as a leader. By 7:00AM on Monday, September 17th, write a new 2 paragraph post. Pick one of the 6 characteristics of good strategic leadership that you believe to be your strength. Give us evidence of that strength by providing examples from your own experience in a work, school, sports, or volunteer setting. Pick one of the 6 characteristics that you believe to be your weakness and use examples to support your assessment of this as your weakness. Label your entry: Leadership Self-Assessment-Your name.
3B Read your classmates' postings on their leadership self-assessment. By 7:00AM on Tuesday, September 18th, choose 3 classmates you think would be effective student leaders in this course. Send each of them a comment telling them why you'd want to be in a group that they led. Label your comment: In support of your leadership- Your name.
3B Read your classmates' postings on their leadership self-assessment. By 7:00AM on Tuesday, September 18th, choose 3 classmates you think would be effective student leaders in this course. Send each of them a comment telling them why you'd want to be in a group that they led. Label your comment: In support of your leadership- Your name.
Monday, September 10, 2007
Assignment #2- Case Study Blog
Since I am a business major in the area of Marketing, I have been exposed to the case study teaching approach multiple times in my academic career here at Franklin Pierce University. To me, this is a very useful and popular technique used by many professors. Basically, a case study is a type of learning where you read an excerpt about a company of some kind out of a textbook and look at some of the problems they are having. Once you are finished reading the information given, you need to look at the questions that follow and analyze all of the data and info you have read and see what you would do to help solve these problems the company is having.
The best way of approaching a case study is to first and foremost, of course, read it thoroughly. While doing this you want to make notes and highlight areas of importance. Another important and helpful technique to use is to make a little outline with all the important aspects bulleted. Once it is pretty much summarized and easy to work with you can look at the questions that follow and see how you would approach all the problems the company is having and answer all the questions as thoroughly as possible whether in a group or on your own.
The best way of approaching a case study is to first and foremost, of course, read it thoroughly. While doing this you want to make notes and highlight areas of importance. Another important and helpful technique to use is to make a little outline with all the important aspects bulleted. Once it is pretty much summarized and easy to work with you can look at the questions that follow and see how you would approach all the problems the company is having and answer all the questions as thoroughly as possible whether in a group or on your own.
Case Study Method - Danielle O'Neill
The first step to the case study analysis method is to become familiar with the case scenario, such as significant facts, people and events, by reading the case lightly at first and more in depth the second time. After identifying the major issue, summarize the case in a short paragraph or two. The next step is to answer the questions that follow the reading, to the best of your knowledge, using the case as a reference. After that is complete, it is usually a good idea to summarize the case and questions so that if a person were to read your case study, they would understand what the case was about, without having to read it.
Thursday, September 6, 2007
CASE STUDY METHOD- Dan Attella
From my experience in other classes, using a case study as a basis for learning is very effective. It helps give the student insight into real world issues, and allows them to offer their opinion on how to solve them. Another good thing about using a case study to learn from is the fact that genneraly there is not right or wrong answer. Real world problems require real world solutions, which usually aren’t so cut and dry.
The first step to analyzing a case study is to read it all the way through, being careful to notice the details. There are usually questions afterwards so if you don’t want to ready it through twice you might want to pay attention the first time. Next, write a short summery of the case at the start of your analysis and then rewrite the questions before you answer them so the reader understands what your getting at, without having to read the whole case. Answer the questions to the best of your ability. Typically at the end of your analysis, a conclusion is the best way to sum up your response. Restate the summery and give a broad conclusion on the questions you answered to leave the reader with a good understanding of what the case was about and how you would solve any underlying issues.
-Dan Attella
The first step to analyzing a case study is to read it all the way through, being careful to notice the details. There are usually questions afterwards so if you don’t want to ready it through twice you might want to pay attention the first time. Next, write a short summery of the case at the start of your analysis and then rewrite the questions before you answer them so the reader understands what your getting at, without having to read the whole case. Answer the questions to the best of your ability. Typically at the end of your analysis, a conclusion is the best way to sum up your response. Restate the summery and give a broad conclusion on the questions you answered to leave the reader with a good understanding of what the case was about and how you would solve any underlying issues.
-Dan Attella
Senior Business Seminar- Assignment #2
By 7:00 AM on the day of our second class meeting (Tuesday, September 11),write a 2 paragraph letter to a classmate who has never been exposed to the case study method. Tell him or her about your experience in another class that used this method. Identify the steps you go through to analyze a case. Label your entry: CASE STUDY METHOD- YOUR NAME.
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