How can people honestly learn what their weaknesses are?
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How can people honestly learn what their weaknesses are?
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- Joseph and Krystal are part of your social group. They joined Missile’s Financial Services together as middle managers. Each one, reports to a different senior manager. These senior managers report to the Managing Director. Once a month after payday, Joseph, Krystal and other members of the social group all try to have lunch together. Joseph is very distressed. ‘I’ve had an awful week and this morning was the worst!’ He recounts what happen between himself and Nicholas, his manager. ‘Nicholas and I were to meet with a new supplier to finalize a contract. I have been dealing with the supplier all this time, over two and a half months and we just needed to finalize the costing. We had reached an agreement about the cost that both of us were comfortable with. For the past two weeks, I have been trying to get Nicholas to look at the contract and agree the figures etc. We really need this guy’s company. They are fast and have a great reputation for products and services. The price is good…The snowy Mountain Tourist Department was tasked with developing new promotional events to attract skiers during the upcoming season. Over the years, this resort community had been steadily losing business to other ski destinations. Sasha Adams, the department manager, was willing to admit that her ideas were just not competitive, so she turned the task over to her department. Sasha was thrilled to learn that her department generated three creative ideas. The problem was that supporters of each idea felt very strongly that their idea was the best, and they could not narrow it down to one event. Sasha honoured her commitment to allow the group to make the decision, so she had department numbers vote. Three votes went to a winter comedy festival, three votes went to a winter sports event, and four votes went to a winter carnival. Sasha had high hopes that the winter carnival would increase tourism, but it decreased department morale instead. The four members who had voted for the…Strength - What you do well or what are you good at. For example, good team captain/leader faster and more accurate decision-making strong communication skills good hand-to-eye coordination gaming expert, good in observation disciplined and determination Weaknesses - could be something that you need improvement on; and what a person should avoid. For example, I am doing too many things simultaneously if it’s into academics, which makes me dizzy and confused, being high on anger when things are not occurring the way I want; getting panicked if something is going out of hand, when there’s an activity that I am not sure to do, I intend to ask others, being unable to keep my composure, and mostly get mentally blocked, especially in exams. Opportunities - What options are available in front of you to grasp. For example, to enhance my skills while working; register and attend in webinars that are related to accounting subjects; take full advantage of my available resources like…
- What makes a life story good?"people are our greatest asset”. Quickly, you will be met with hundreds of matches, which appear to debate and contradict this premise. After reviewing a few, take a stance, and argue why people are or are not the most important asset of an organization. Furthermore, link your argument to how an organization should invest in people through training and professional development programs.MoneyHeist Ltd – the turnaround MoneyHeist Ltd was turned around by Professor. Professor began working for the company in 1993 and worked his way up the corporate ladder, holding several management positions before becoming CEO in 2002. Based on his previous experience with MoneyHeist Ltd, he knew that when he took over, the company had powerful employees with varying levels of motivation. Professor believed that, among other important business changes, motivating employees at MoneyHeist Ltd was critical to bringing the company back from the brink of failure. His guiding principle was the belief that in order to satisfy customers, employees must be interested and motivated in their work. He has close relationships with many of the employees because of his tenure with MoneyHeist Ltd, which provides a sense of comfort and teamwork. He likens the company to a nice family. Professor was tasked with managing three (3) subordinates in the interim – Denver, Rio, and Berlin. His success was…
- What else do you think that FedEx can do to enhance its managers' emotional intelligence?How do you manage risks and ensure that your team is prepared to handle unexpected challenges or setbacks? What contingency plans do you have in place to address potential issues?Colossians 3:23-24 says, whatever you do, whatever kind of work you are doing, work heartily, with all your heart and all the different ways that plays out in scripture, with Christ-like character, with honesty, with diligence, with integrity, with humility. So work heartily as for the Lord and not for men. Does this instruction from the Bible have relevance to your effort in this course? your work? your relationships? What are three potential flaws with the regular payback method? Does the discounted payback method correct all three flaws? Explain. What is a mutually exclusive project? How should managers rank mutually exclusive projects? Project X is very risky and has an NPV of $3 million. Project Y is very safe and has an NPV of $2.5 million. They are mutually exclusive, and project risk has been properly considered in the NPV analyses. Which project should be chosen? Explain. Discuss the following statement: If a firm has only independent projects, a constant WACC, and projects…
- Read the situation provided in the picture and answer the following question. What advice would you give Laura on improving her leadership skills andto the managers on improving their management skills?Why Collins and Hansen (2011) argue that good results in successful businesses are produced through a combination of paranoia, discipline and creative?What type of goals will best help you stay focused andmotivated to do your best work in this class?