StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

The Attributes that makes the Best Corporations - Essay Example

Comments (0) Cite this document
Summary
Why some corporations are successful in the market, and some are not. I always try to find answer for this question. I suppose that there are a big many of different techniques and methods, and also many elements that help a corporation to survive and to achieve results in its work…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.1% of users find it useful
The Attributes that makes the Best Corporations
Read TextPreview

Extract of sample "The Attributes that makes the Best Corporations"

Download file to see previous pages Managers are people who get the work done through other people. Managers use their conceptual, human, and technical skills to perform four management functions of planning, organizing, leading, and controlling in all organizations - large and small, manufacturing and service, profit and non-for-profit. But not all managers' job is the same. Managers are responsible for different departments, work at different levels in the hierarchy, and meet different requirements for achieving high performance. All managers must contribute to planning, organizing, leading, and controlling in their organizations - but in different amounts and ways.
Top managers are at the top of the hierarchy and are responsible for the entire organization. They have such titles as president, chairperson, executive director, chief executive officer (CEO), and executive vice-president. Top managers are responsible for setting organizational goals, defining strategies for achieving them, monitoring and interpreting the external environment, and making decisions that affect the entire organization. They look to the long-term future and concern themselves with general environmental trends and the organization's overall success. Among the most important responsibilities for top managers are communicating a shared vision for the organization, shaping corporate culture, and nurturing an entrepreneurial spirit that can help the company keep pace with rapid change. Today more than ever before, top managers must engage the unique knowledge, skills, and capabilities of each employee.
Middle managers work at middle levels of the organization and are responsible for business units and major departments. Examples of middle managers are department head, division head, manager of quality control, and director of the research lab. Middle managers typically have two or more management levels beneath them. They are responsible for implementation the overall strategies and policies defined by top managers. Middle managers are concerned with the near future, are expected to establish good relationships with peers around the organization, encourage teamwork, and resolve conflicts.
Recent trends in corporate restructuring and downsizing have made the middle manager's job difficult. Many companies have become lean and efficient by laying off middle managers and by slashing middle management levels. Traditional pyramidal organization charts are flattening, allowing information to flow quickly from top to bottom and decisions to he made with the greater speed necessary in today's highly competitive global marketplace. Nowadays there is a tendency of middle management shrinking. For example, Eastman Kodak recently cut middle management by 30 percent and reduced its middle management levels from seven to three. The Medical Systems Group at General Electric cut middle management by 33 percent. These cuts have improved the efficiency and performance of many corporations via improved responsiveness to customers, speed in new product development, and increased profits. The decline in middle management and the simultaneous improvement in corporate efficiency are ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Attributes that makes the Best Corporations Essay”, n.d.)
The Attributes that makes the Best Corporations Essay. Retrieved from https://studentshare.org/miscellaneous/1501259-the-attributes-that-makes-the-best-corporations
(The Attributes That Makes the Best Corporations Essay)
The Attributes That Makes the Best Corporations Essay. https://studentshare.org/miscellaneous/1501259-the-attributes-that-makes-the-best-corporations.
“The Attributes That Makes the Best Corporations Essay”, n.d. https://studentshare.org/miscellaneous/1501259-the-attributes-that-makes-the-best-corporations.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The Attributes that makes the Best Corporations

Important Attributes in Entrepreneurship

...?Important Attributes in Entrepreneurship Pursuit of an entrepreneurial dream starts with a viable dream. Entrepreneurship begins with conceptualizing a new idea, drawing a business plan, and making decision concerning the legal structure. Additionally, basic tactics such as pursuing an international opportunity or starting a new business venture, and financing issues are also considered before one can embark on the entrepreneurship journey. Most people, who venture into entrepreneurship, prefer a new business rather than already existing business opportunities (Reuvid, 2008, p. 16). Some people begin with a desire to begin a business and then look for an idea while others start by having an exciting idea and then consider entrepreneurship...
19 Pages(4750 words)Essay

Corporations

... such a person would be expected to act in “similar circumstances” (Model Business Corporation Act, Section 8.30). Therefore the substantive issue is whether or not the board as whole indirectly and through agency, breached the duty of loyalty and in doing so, directly breached the duty of care. From a purely procedural perspective, the business judgment rule engages judicial review of the substantive issues and argument. Under the business judgment rule, the board of directors will escape liability if the court is satisfied that the directors in making a judgment of decision, did so with no conflict of interest, uses some degree of care in apprising themselves of the relevant facts and circumstances in making the decision or judgment...
19 Pages(4750 words)Essay

Synthesis of Attributes

In the past 25 years, worker skills or level of education were a favorable recipe that would earn any bearer of these attributes better and more stable jobs, amounting to job security. However, the trend in the current economy has been manipulated by the emphasized need to lower production expenses and increase profit margins. This aspect has caused many jobs to be offshored to countries such as China and India where the production expenses for jobs pertaining impersonal services are lower. Reportedly, only workers in possession of skills pertaining personal services such as barbers, medical practitioners, and counsellors can have some level of security. This calls for workers to develop leadership and innovative attributes that w...
8 Pages(2000 words)Essay

Attributes of A Leader

... that will earn you the right to be considered a good leader, but to be a great leader it takes more than just getting something started (West 1993 p 7). There are numerous attributes of a leader, but I feel that three of the most important are as followed: respectful, altruistic, and dependable. A leader should be respectful to set a good example for others. A true leader will gain more in being satisfied by finishing something that they started then they would by gaining material possessions and not benefiting the well being of the society around them. According to me Malcom x fits perfectly into the above mentioned definition and attributes of a good leader. Analysis Malcolm X was a renowned black civil rights leader. He...
3 Pages(750 words)Essay

Multinational corporations

...Globalization "Human societies across the globe have established progressively closer contacts over many centuries, but recently the pace has dramatically increased. Jet airplanes, cheap telephone service, email, computers, huge oceangoing vessels, instant capital flows, all these have made the world more interdependent than ever. Multinational corporations manufacture products in many countries and sell to consumers around the world. Money, technology and raw materials move ever more swiftly across national borders. Along with products and finances, ideas and cultures circulate more freely. As a result, laws, economies, and social movements are forming at the international level. Many politicians, academics, and journalists treat...
12 Pages(3000 words)Essay

Corporations

... that are only in balance with the amount of finances that they have invested in the business. It is considered that this particular advantage is natural gift to the formation of corporation. The safety of the monetary investment of the owners is well protected through the provision of the limited liability advantages of the creation of corporations. Having businesses like this is a huge advantage for many entrepreneurs at present especially during the existing economic turmoil. Corporation owners are the ones having the best possible advantages in this scenario. Since corporations are able to extend their business sizes, their profits could naturally increase without necessarily increasing the amount of investment that they have primarily...
4 Pages(1000 words)Essay

Basic Attributes of Organizations

... 25 January 2007 Basic Attributes of Organization One of the most surprising features of the relief operation after the catastrophe brought about by the hurricane Katrina is the aggressive response of religious organizations in raising funds for the victims. It is estimated that out of the $3.162 billion funds collected, denominational groups account for roughly $134 million (Summing Up Katrina Relief 2). One of the denominational groups which showed considerable effort in helping the hurricane casualties is the Lutheran World Relief (LWR). Just like any typical organization, LWR expresses its goal through its mission statement: "Lutheran World Relief works with partners in 35 countries to help people grow food, improve health, strengthen...
2 Pages(500 words)Essay

Multinational Corporations

... is associated with more costs Braunerhjelm, (1994, pg.7). Multinational corporations such as the coca cola company are usually powerful with regards to the issue of human rights. The profit making is their objective goal which in its pursuit, damages such as violation of the human rights, participating and lobbying for manipulated agreements, child labor, environmental damage, cheap labor among others. They claim that their international involvement is usually based on a constructive agreement which is capable of promoting human rights especially in non-democratic nations. This is usually a convenient excuse so that they can continue with their exploitative practices. Over the years the Coca cola Company has had a number of lawsuits...
2 Pages(500 words)Essay

Cinematography Attributes

...1 - What are the attributes of a Condenser Microphone? Condenser Microphones have higher frequencies and louder noise. They are also more sensitive to loud sounds. It is because of their sensitiveness to sound that they are preferred in studios. 2 - How does a Waveform monitor and Vectorscope help when lighting a Blue/Green screen? A Waveform monitor helps to understand the variation in the brightness of a video frame that may not be visible to naked eye. With the help of a portable computer, the brightness of a Blue/Green screen can be adjusted. Vectorscope helps by making sure that the blue/green screen has enough saturation in order to achieve effective and easy keying. 3 - Look at the end montage sequence from “Ally McBeal”. Pick...
1 Pages(250 words)Assignment

What Makes Cotsco the Best Place to Work and Why

... centered towards corporate strategy and help to retain best talent in a firm. Costco operates in an intensely competitive market place. The company can sustain its market share only when it constitutes increased level of employee productivity. Costco in United States is known as the most preferred employer. This is simply because all its organizational policies are employee centric. The company believes in performance related pay and this strategy has enabled the firm to develop a motivated team of workers. There is retail firms present in global market and even in United States which are offering less pay structure in comparison to Costco. They possess some specific practices which defines their organizational culture. These practices...
5 Pages(1250 words)Research Paper

The Marketing Concept is the Best Concept for Todays Organisations to Practise

The concept of marketing functions basically in order to meet the specific needs and wants of the company’s target market. Since the business buyers and consumers, in general, have different preferences in terms of the product quality, prices, and services offered to them by the supplier, a single marketing concept is insufficient to meet the demands of the majority of the consumers. For many years, different marketing concepts have been developed in order to enable a company to have a better way of increasing its profitability and market shares. 

Sales and profitability are the heart of each business. Considering that all humans have specific needs and want, the study of marketing is focused on enabling a co...
6 Pages(1500 words)Term Paper

The Best Practices for Recruitment, Selection and Induction

The workers only form the crucial ‘cog’ in the running of the organization. And, only if these crucial workers are recruited or staffed optimally through an effective recruitment process, the organization can achieve optimum success. In the case of running an enterprise or organization, the recruitment function is a continuous process, and so the leader or the manager particularly the Human Resource Manager should perform the staffing function at all times. 

 It is necessary that the management must ensure constant availability of a sufficient number of efficient employees from managers, executives, technical persons to laborers, for the efficient functioning of the enterprise. Overall, the recruit...
6 Pages(1500 words)Term Paper

The Relationship between Plastic Surgery and Our Contemporary Notions of What Makes Women Beautiful

The fact that it is meant to enhance the beauty of a person has made it more appealing in the modern world when beauty has become a concern for many people and especially women. The technique mold, reshape and reconstruct body tissues in order to bring the desired shape. (Ham, 2003)

Although it has gained recognized use in recent times, plastic surgery dates back to many years ago. As early as 1st BC the Romans are recorded to have been performing simple body procedures that were aimed at enhancing the beauty. They were mostly done on women. However, with the coming modernization, plastic surgery has gained an increased use especially for aesthetic purposes.

In the process, there is the use of skin tissue whi...
16 Pages(4000 words)Term Paper

The Ethical Role of Corporations

The main aim of an organization can be anything ranging from profit to gaining market share, but the way it achieves this goal matters a lot. There are certain responsibilities and obligations that the organization has towards various groups and situations. It may be impossible to discuss every ethical obligation to a corporation because there are so many. These range from the production of bad goods like tobacco to treating the employees fairly.

Mark Pastin in his book, ‘The Hard Problems of Management: Gaining the Ethics Edge’, has attempted to summarize this by providing four principles that are necessary in order for an organization to be ethical. The organization must interact with all stakeholders with...
8 Pages(2000 words)Research Paper

The Best Leadership Style

The leadership styles are autocratic, where the leader makes the decision and communicates it to subordinates to be carried out; democratic, where he involves subordinates in the decision making; and free-rein where he leaves most of the decision making to subordinates. The leadership style that is appropriate depends on the leader, the subordinates, and the situation. The best leadership style is one that adapts to the circumstances at hand.
A team is defined as a small group of people with complementary skills who are committed to a common purpose, approach, and set of performance goals (Boone and Kurtz 1997). The most popular types of teams are work teams, which include high-performance or self-managed teams; and special-...
10 Pages(2500 words)Assignment

Project Management: Best Practices and Stakeholders Perspective

Employees of functional divisions are assigned or detailed to a specific project and then re-assigned back to the organization when the project is completed.
Project management is defined by the Project Management Institute (PMI) as the application of knowledge, skills, tools, and techniques to project activities to meet project requirements; and its methodology as the planning, monitoring, and control of all aspects of the project and motivation of all those involved in it to achieve the project objectives on time and to the specified cost, quality, and performance.” Being a temporary, one-time endeavor, it differs from the organization's operations and processes which are its current and permanent work to create a pro...
6 Pages(1500 words)Literature review

Which of the Business Objectives Might Best Be Applied to the Southampton Solent University

In other words, there is no explicit reference to the achievement of long term objectives and the people being involved in the business with the express intention of making profits.

In this context, the Southampton Solent University’s existence as a business organization in the strategic business sense would be defined as a clear attempt at continuously engaging in the present and future activities with a view to achieving its long term objectives of which the satisfaction of stakeholders, particularly shareholders, is of paramount importance. Its mission statement is “The pursuit of inclusive and flexible forms of Higher Education which meet the needs of employers and prepare students to succeed in a fast-...
8 Pages(2000 words)Coursework

Effect of Corporations Moving Jobs Overseas on the Economy

The issue comes into focus, whenever there are political, economic debates or talks about H1B visa limits. The economic slowdown has further led to the intensification of these debates. But, despite apprehensions from different quarters, neither the companies nor the government has said a final word on the trend. Increasing levels of competition amongst the corporate houses have been one of the key highlights of the globalization era. Be it the retail sector, the banking, the automobile, the IT-enabled services, the white goods space, etc. the companies have always been on the lookout for reaching out to more number of customers while doing everything possible to please the existing lot. Leveraging the economies of scale has prove...
8 Pages(2000 words)Coursework

The Role of Corporations in Nazi Germany

... since their introduction leading to a large number of citizens taking these holidays (Tooze, 2008). The kdf project continued to rapidly develop and extend its areas of influence as it seeped into areas such as sports and education as well. Reaching out to its citizens in a bid to revive local proved t o be a very successful venture as over 10 million people were taking these kdf holidays by the year 1938 which showed significance growth since its inception (Tooze, 2008). In conclusion, the various corporations in Nazi Germany played a large role in keeping the country running and were involved in every sector of the activities that took place within the Third Reich (Evans, 2008). References Bowler, P. J. & Morus, I. R. (2010). Making...
6 Pages(1500 words)Term Paper

Best Practices for Working in a Virtual Team Environment

..., and internal focus as well as integration. Hierarchical organizations value standards have a well-defined structure of authority that is viable in decision-making and has a well-defined structure making information and communication flow easier. Hierarchical organization culture can operate best with the influence of an effective leader who can control, coordinate and plan the operations of the company (Übius & Alas 2009, pp.90–99). Hierarchical culture is one that can be applied in the control of the operations in Tilbury Building Supplies Co Ltd. Tilbury Building Supplies Co Ltd lacks a well-defined control structure making the employees non-responsible for a particular duty in the company. Creation of the supervisor position in each...
10 Pages(2500 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic The Attributes that makes the Best Corporations for FREE!

Contact Us