Leadership Succession Free Essays

Is it necessary for Citigroup to have a leadership succession plan? Why? Leadership succession planning is very important from two perspectives. First of all, it helps to select highly-potential candidates, who have strong leadership abilities and possess all necessary qualities to assume high administrative positions in the future. Besides, leadership succession plan also includes the measures on giving a wide range of learning, training and development opportunities for such individuals in order to improve their professional performance, proficiency, managerial abilities, leadership skills, and so on. We will write a custom essay sample on Leadership Succession or any similar topic only for you Order Now Undoubtedly, if Citigroup does not pay attention on the situation around Sandy Weill right now, the company’s risk to be left without an effective leader will be increasing. Sandy Weill is a man over 70, and at this age his professional abilities as an executive can get worse at any time. That is why, I suppose, there is an urgent vital need for the company to select and start preparing someone who would be able to succeed Mr. Weill. 2. Who should have the responsibility of preparing a succession plan? For large organizations and corporations specialists suggest establishing special Leadership Planning Boards, which would carry out the main activities on leadership succession planning. Such activities have to include identifying critical positions, establishing criteria and identifying the best candidates (at least two for one position), reviewing and monitoring their professional progress and personal development, interviewing and evaluating every candidate and coming up with some conclusions and suggestions. Undoubtedly, such departments as Business Human Resources Units or Corporate Human Resources Departments have to be also involved in leadership succession planning process. They have to assist Leadership Planning Boards and give all necessary information about potential candidates. Top managers from Board of Directors or Chief Officers have to take all the responsibilities on supervising and controlling the effectiveness of leadership succession planning process (Tennessee Valley Authority, 2000). 3. Should the succession plan include insiders? Outsiders? Or both? I think that it is preferable for any company or organization to select the candidates from the insiders. If there are qualified and talented managers, who worked and had opportunity to develop together with the company for some time, they are certainly better aware of the specifics of company’s business, strategies of management, organizational culture and traditions, etc. Moreover, they could already win some reputation and respect of the employees; therefore, they are potentially effective leaders or top managers. But there can be a situation when there are good outside candidates, who had no experience of working with the company. In such case, I suppose, it is necessary not only to interview such candidates and estimate their potential effectiveness, but also involve them into business activities of the company as soon as possible. I strongly believe that working closely with the leaders and learning more and more from them is a key factor for good performance of any successor. 4. Why do executives such as Weill avoid the succession issue? I think that Mr. Weill can have some personal reasons for doing this. Possibly, he does not take leadership succession as a reality or does not want someone to be on his back. Maybe he assumes any succession plan as the necessity of his resignation or as a sign of lack of trust from his colleagues. There’s also probability that he is trying to avoid all succession plan initiatives in order to prove own competence and uniqueness. Nevertheless, I believe that this situation is not a typical one, especially for such huge organizations as Citigroup. Usually, top managers and executives demonstrate concern about their organizations and get actively involved in succession planning. They can point on some possible successors, work with them, train and promote them in order to prepare such candidates for taking higher positions and make them understand, what the organization requires to remain successful. References: Leadership/Succession Planning. (2000) Tennessee Valley Authority. Retrieved June 29, 2007, from: http://www.tva.gov/foia/readroom/policy/prinprac/intstaffplan1.htm. Ritter, J. (2003, April 15) Succession Planning: A Tool for Success. The Galt Global Review. Galt Western Personnel Ltd. Retrieved June 29, 2007, from: http://www.galtglobalreview.com/business/succession.html . How to cite Leadership Succession, Essay examples

Sustainable Business Development-Free-Samples-Myassignmenthelp

Question: Define the Concept of a Business Model. Answer: Business model is a portrait of a companys framework of business operation. It states the methods of revenue generation of a company. It is one of the important things for a startup company to form before product development. It often shows the factors about the operation of the company. It can also be the selling of products or services, changing subscription fee, and many more to generate revenue. It is often confused with the business plan. Business model is a part of business plan, where business plan is a much bigger concept (Bocken et al. 2014). The essay is comprised of different definition of business model followed by a brief discussion of e-business model archetype, business model as an activity system and a business model as cost revenue architecture. A brief explanation of the term business context and an argument is drawn with an example. Use of these conceptualized business models in solving static and dynamic problems is also highlighted in the following. The term business model is used to explain the key components of a business. According to Teece, the success of an organization is contingent upon its business model. It is the hypothesis of the customers demand and the organizations approach in meeting them and making high margin of profit out of it. Chesbrough and Rosenbloom summed up the definition as the way of articulating the value proposition, selection of appropriate technology and features, identification of target market segments, defining the structure of the value chain and estimating the cost structure and profit potential (Mishra and Zachary 2014). E-business model archetypes describe 7 abstract business model archetypes from which every single business model in inherited. A holistic view of the possibilities is represented in the course. All the 7 abstracts of business model archetypes are combined and put under 2 categories that are primary and secondary archetypes which in turn can be related to different business matching their criteria (Plenter et al. 2017). The primary archetype is comprised of product, service and trade. The product develops a tangible good and sells on a one-time fee basis. It requires a high up-front sunk capital, but is able to leverage economies of scale. There are two hallmarks of a product which are properties and online prototypes. The properties comprise of the features like sell of one-time fee, up-front investment and highly scalable, whereas, the online prototypes comprises of content product and software product. Second primary archetype is the service where intangible work for a client is mo netized on a per-use basis. It is characterized by low sunk costs but high float cost requirements. The technicians and professionals with limited capital and expert knowledge prefers it. High float or low sunk cost, intangible value creation, service agency and platform as a service are the hallmarks of service. The last but not the least, trade archetype is to provide the products the prospective customers seek and make profit on the spread between sell price and cost of acquisition. It seeks good sourcing connection and moderate capital. Brokerage, marketplace, ecosystem and subscription are categorized under secondary archetypes. The use of brokerage archetype is to source on behalf of a client for a retainer or per-transaction fee. On the other hand, marketplace creates a platform that facilitates trade, not the actual trading. It depends on bringing together the sufficient demand and supply. It is a tertiary archetype of, which brings together all the three primary archetypes. It is the most difficult of all archetypes to achieve. Subscription archetypes are a popular mixture of a service and a product. The most frequent examples are software as content and a service. It replaces the bulk purchase cost with monthly subscription in low cost. It is a profitable way to reduce the up-front cost. For the business, if reduces the up-front cost and the dependency upon a marketplace (Fielt 2013). E-book archives are the best examples of this kind. This particular business model helps in analyzing and describing the function of an organization within the overall market landscape. The details like target customer base, business input and dependence and value creation on behalf of the customers can be obtained from these business models. These models are often useful in solving the strategic disputes, strength, opportunity, and weakness identification by comparing the attributes of other organizations using similar model. Zott and Amit suggests that the Activity System supplements the firm to concert with its partners, which in turn will create value and appropriate a share of that value. Basing on the empirical and theoretical research, it can be suggested that, two there are two possible sets of parameters that activity system designers need to consider. They are themes that describe the sources of the activity systems value creation and elements that explain the architecture of an activity system. (Zott, Amit and Massa 2011). This model helps in analyzing the code of conduct of a business and how the factors are linked with product markets. It contributes in addressing all the important issues in management, provide a conceptual toolbox in addressing the problems, and engage in insightful dialogue and creative design. Revenue architecture is the building blocks of revenue growth of a company. Business model can be connected with the cost or revenue architecture in the area of sale and marketing. Revenue architecture according to Zott is used for technology management and innovation scholars interested in explaining the mechanism that allows an organization to commercialize technological innovation. It helps a business align their marketing and sales value chain and drive revenue performance. Buyers in present times are self educated about the web and expect a unified experience across channels. The organizations need a more integrated revenue architecture which blends right strategies, program and system. Using the multi-affiliated model, different design, strategy, technology and media are brought together for todays new marketing challenges. Business context is used in expressing business problem and proposes the goodness and scope of the project. It also indentifies the significant persons in the organization with key role in the business domain or in a business process. The interested areas which are relevant to scope of the work and to bring potential change which require exploration and further analysis are also identified. It is needed to kick-start a project or to correct the context models through the project. It depends on the need or style of the project. There are various contexts diagrams used by various organizations such as current state, future state, environment diagram, network diagram, business process diagrams, system diagrams, relationship maps, organization chart and many more (Saidani, Rolland and Nurcan 2015). So, eventually, every business needs to undergo changes in course of time in their business mode. The company under study is an US based international e-business named eBay. Like any other companies in the industry, eBays depends on technology and expansion into foreign market. It is basically a service company who offers a platform for the seller and the buyer which is unique in character for which the company earns a portion of the profit. The forum has created value for the network members, through which, the company broaden their business relationship, which ensured their longtime survival. As the company doesnt have to spend for traditional warehousing, returns, shipping and overstock, it gets easier for them to increase their profit margin. The company occupies 80% of the online-auction market. Their primary competitor is Amazon whos model has a the high chances of cost of sales and achieves a gross profit of only 24%. It is clear that the company under study surpluses Amazons profit three times (stjohns.edu 2017). Value chain is used to identify the business activities nec essary to create value and competitive advantage to the business. As the massive scale of eBay business operations, the economic scale for the company is under the major source of value in inbound logistics. Strong customer relationship base is also the key source of value in eBays inbound logistics. As mention, eBay has a strong technological base that carries out the operations of the company. The outbound logistics of the company is to ship products to the customers. They constantly need to regulate and monitor the system. The marketing and sales expenses are low compared to their competitors in the market. From the above value chain analysis, it can be spotted that the company requires bringing change in their value chain. The problems that is currently faced by the company is the dependence of the business on a range of products and services controlled by competitors such as Google, an overall business model and an absence of the companys own distribution. It is a weakness for the company that needs prior attention to faces challenges from their major competitors like Amazon (iosrjournals.org 2017). This change will again impact their current service archetype model which will require changes according to the change in value chain. It can be concluded from the above essay, that the business models that are available in the market are industry specific. Different industry requires different business model for getting success. A detailed theoretical description is given in the essay and the use of the models has been given in brief. The proper model used in proper settings can bring success to the business. For example, the model of the highlighted company can be related with the service archetype model of the theory that was explained above. The business context and changes required in a business is highlighted at the last part of the essay with example drawn from eBay, an international e-commerce business. The current value chain of the company is properly described with explanation of the changes required in the value chain, which will result in modification of their service model archetype. References Bocken, N.M.P., Short, S.W., Rana, P. and Evans, S., 2014. A literature and practice review to develop sustainable business model archetypes.Journal of cleaner production,65, pp.42-56. Fielt, E., 2013. Conceptualising business models: Definitions, frameworks and classifications.Journal of Business Models,1(1), p.85. iosrjournals.org. (2017).online marketplace. [online] Available at: https://www.iosrjournals.org/iosr-jbm/papers/ies-mcrc-volume-2/17.pdf [Accessed 16 Aug. 2017]. Mishra, C.S. and Zachary, R.K., 2014. Business Model Theory. InThe Theory of Entrepreneurship(pp. 227-250). Palgrave Macmillan US. Plenter, F., Fielt, E., Hoffen, M., Chasin, F. and Rosemann, M., 2017. Repainting the business model canvas for peer-to-peer sharing and collaborative consumption. Saidani, O., Rolland, C. and Nurcan, S., 2015, January. Towards a generic context model for BPM. InSystem Sciences (HICSS), 2015 48th Hawaii International Conference on(pp. 4120-4129). IEEE. stjohns.edu. (2017).ebay analysis. [online] Available at: https://www.stjohns.edu/sites/default/files/documents/Tobin/smif-ug-ebay.pdf [Accessed 16 Aug. 2017]. Zott, C., Amit, R. and Massa, L., 2011. The business model: recent developments and future research.Journal of management,37(4), pp.1019-1042.

Prostate Cancer Essays - Prostate Cancer, RTT, Histopathology

Prostate Cancer Prostate cancer is a common form of cancer that has affected most every man whether he knows it or not. There are many factors and risks that can lead to this deadly cancer. With the help of highly trained docters,fatalities can be can be lowered,yet sometimes things still happen. Prostate cancer is the cancer of the male reproductive organ.The prostate make prosthetic fluid.The prostate also forms semen,but the most important function of the prostate is to regulate the acidity of the semen. Cancer is the collection of abnormal cells that have forgotten how to die. Cancer cells unlike normal cells can not die. One way to find out if you have the cancer or if you do not have the cancer is called a prostate exam. The exam is basically a feel of the back wall of the prostate gland. What the doctor is trying to feel for is any hard nodules, lumps or irregularities. You shouldn't have to have a annual exam, but it just depends how experienced your doctor is. If the doctor finds an irregularity, u shouldn't wait for it to change. When you are a child your prostate is about the size of a pea.The body begins to make large amounts of male hormones during puberty causing the prostate to grow rapidly.About ninety five percent of the hormone is produced by the testicles.Once your prostate has reached normal size it stops growing until u have reached your sixties or seventys.This slow increase leads to the condition called bengign prosthetic hyperplasia.This is rarely a threat to your health ,but it can me extremely uncomfortable. There are many stages of prostate cancer,early stages and late stages.The classic stages are A,B,C and D. The a stage consist of cancer found incidentally or because of elevated PSA. The b stage of cancer is made up of cancer found because of abnormal digital rectal exam; cancer confined to prostate. The C cancer is cancer spread to tissues outside of the prostate. Finally the D cancer is cancer that has spread to lymph nodes or the bone. It is better to have one degree than the other.?It is always better to have a smallvolume,low grade tumor than a lager,high-grade cancer?says Dr. Sheldon Marks book Prostate and Cancer. There is a unique feature of cancer cells. Cancer cells have the ability to detach theirselves from their original site and move to other parts of the body.This is a process that is just recently beginning to be understood. Under normal circumstances prostate cell is confined to the prostate,but when the cell becomes cancerous it is able to leave its birthplace and take up residence in other parts of the body. ?This ability to shed celled and establish satellite or daughter cancer colonies in other parts of the body is known as the process of metastasis? says Dr.Marc B. Garnick's book The Patients Guide to Prostate Cancer. As I just discussed cancer cell have the potential to spread throughout the body. When prostate cancer is in early stages it is confined within the prostate. It is in these early stages when prostate cancer is curable. As the cancer grows it heads towards the edge of the prostate. If it has enough time it can grow through the outer edge of the prostate . This is called the prostate capsule.? This is known as ?extra capsular extension? says Dr.Kent Wallner's book Prostate Cancer. Prostate cancer is either curable or incurable. The way you can tell if the cancer is curable is if the cancer is still confined . If the cancer is still confined in the ate it is considered curable. Prostate cancer that has metastasized to the lymph nodes or to the bones is considered incurable. This means if the cancer has spread outside the prostate and infected these parts it is incurable. There are six major treatments for curing prostate cancer. The first treatment is called cryosurgery. Cryosurgery is the freezing of the prostate gland. The second major treatment is seed implantation. This is simply placing radioactive seeds in the prostate gland. The third major treatment is hypothermia. Hypothermia is when heat is applied to the prostate gland,and this will shrink the cancer. This will eventually destroy the cancer. The fourth major treatment is Radical prostatectomy. This is the sergical removel of the cancerous prostate gland. The fifth mahor treatment is called external beam radiation therapy. This is when the prostate is shot at by beams of focused x-rays. The purpose of this is to shrink the cancer infected cells. The sixth and last major treatment is the Bilateral orchiectomy. This is the surgical removel of the testes

Prejudice in essays

Prejudice in essays How does To Kill a Mockingbird show the different forms of Prejudice that existed in the Southern States of America? Prejudice is a problem still faced by people today, it is the victimisation of people who are different to the majority in some way. These people are discriminated against and treated unfairly. In the 1930s, when this book is set prejudice is extremely evident. These were times of great depression resulting in sweeping changes. Some people starved trying to find work, while others did all they could to just hang on a little longer. Across America, all had tough times. The stress brought on by the depression took its toll on family members in poor households. Throughout the book there are strong references to the many forms of prejudice that were and still are present, such as classism and racism. The book demonstrates how the people at this time were hypocritical when it came to racism. It shows peoples ignorance and ability to pigeonhole others. It illustrates attempts to break prejudicial barriers and the effects of prejudice on the community. Prejudice is directed at v arious characters during the book, each time new forms and effects are clear. The first sign of prejudice in the novel is when the Finch Children raid Boo Radleys home. They have judged him on rumours they have heard and describe him like an animal. There was a long jagged scar that ran across his face; what teeth he had were yellow and rotten; his eyes popped, and he drooled most of the time. The children treat him with little respect and great fear when they creep up to his house. Boo is the victim of the communities abuse because he is a recluse. It shows how people can be isolated from society with little reasoning; he had never done any of the things he was accused of. During the depression there was nowhere to go, nothing to buy and no money to buy it with. So women e...

Visitor Attraction Management Essay Example | Topics and Well Written Essays - 1750 words

Visitor Attraction Management - Essay Example This comparative essay will discuss the contradictory roles of these museums in forming the general perceptions of the people about the holocaust as both these museums provide the knowledge about the holocaust. This paper is divided in to two sections. The first section depicts the correlation between the evolving forms, functions ad role of the museum in explaining and remembering the past events. Specifically, this section will describe that how the holocaust has been explained through the layout, architecture, content and methodologies used in these museums. On the other hand, the second section of this paper identifies the issues specific to the portrayals of the holocaust as it outlines the difficulties encountered in the presentation of the pertinent ending to the holocaust and the problems related to the geographical and political context of the museum. 2. Reinvention, Representation and Public Perception of the Museum The contribution of the museum in developing the public pe rception of the holocaust (in the context of this essay) or any other historical event must be considered as the change in the perception and objective of the museum itself. In the nineteenth century, Michel Foucault recognized the concept of ‘heterotopia of time’ for the museum with the emergence of the idea that a place of all times should be developed that is actually outside time and thereby, preserved and secured from its destruction (Lord, 2006). Hence, the state run museum institution was formed at that time for the purpose of organizing a sort of permanent and infinite collection of time in a place that will not change or move (Grimes, 1999). Then the concept of museum transformed into the development of forms of representation of the past that are more socially responsive and inclusive rather than just being an ‘ivory tower of exclusivity’ (Anderson, 2004). The design, architecture, mediums and content of the museum were inspired by post-structural ism that includes the defiance from absolute truths in their representations of the history. In the era of post modernism, the concept of reality or truth is nothing more than a stuck pile of dead bodies, dead matter, and dead language (Walsh, 1992). Subsequently, the museums like the United States Holocaust Memorial Museum and the Auschwitz-Birkenau State Museum involve their audiences in self reflexive interaction in relation to the subjectivity of their experience and contribution of the audience and the curator towards the development of the historical knowledge (Crane, 1997). Both these museums objectively deny the general expectations of the museums and subvert the assumption that they can provide factual, unbiased and truthful knowledge related to the holocaust through easily understandable forms. 3. Auschwitz Memory and its Representations. Since 1947, Auschwitz-Birkenau is the State museum of the previous German Nazi Concentration Extermination Camp. It is known to be the w orld’s largest cemetery and the historical icon of the World War II that proves the Nazi genocide and reminds of the religious hatred between the Christians and the Jews of that time. This site provides great knowledge about the holocaust history and attracts mass tourism. There also used to be the times when the survivors of the Auschwitz dilemma and

The Effects of Mass Media on Modern Youth Essay

The Effects of Mass Media on Modern Youth - Essay Example Youths’ view on things, opinions as well as attitudes change so much too. They have a tendency of copying styles of famous people leading to them forgetting who they really are. They try their best to look like celebrities and forget to work hard in school for good marks. The internet enhances a mode of style, behavior and fashion that leads to youths looking alike and behave similarly. This internet influence leads to social segregations; rich youths of the age between 15 and 18 slur poor ones. Unfortunately, this leads to crop of uncouth social practices. The negatives portrayed by the youths in the society are a result of the willingness to awaken people about them. For instance, the negative effects of addiction are spread through advertisements. Newspapers, internet and TV are used to pass social messages. But sorry to say sometimes, the message conveyed is misconstrued. The ‘awakening often does not reach everyone as intended or it reaches the public in the wrong way (Jacobs, 1992). As such, there are a proportion of youths that is influenced by media while there is another proportion that takes the message in the wrong way. Media overloads youths with lots of information. It is so addictive that once a person is glued to it, he or she tends to forget everything else. In most occasions, when youths are not watching television, they are surfing the internet, when they are not on the web, they are probably reading newspapers, and when they are not reading anything, they are likely listening to something.

You may have to design an online form from scratch in the future Assignment

You may have to design an online form from scratch in the future - Assignment Example â€Å"Customizing the ribbon enables the developer to choose from a number of content control features such as plain text, drop-down list, combo box and date picker† (Shelly & Vermaat, 2012). Based on the type of data you wish to enter in the form, the desired content controls will be chosen and their properties changed to suit the needs and purpose of the design. To design content controls for entering names, it would be wise to choose plain text. This allows the end user enter text but may not allow formatting. The same applies to content controls for e-mails and phone numbers. However, the type of controls that would be used for department is a combo box. This is particularly important as it allows the user to select one item from a list of items. In this case, the user can only select one item because it may not be possible to be a member of two different departments. Content controls for gender may be a check box that allows one to check one of the items from the list given. Lastly, a date picker will be used for purposes of designing a place holder where the user will be able to choose the date through a direct interaction with the