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

The Economic Recession - Essay Example

Cite this document
Summary
The paper "The Economic Recession" discusses that in order to be a successful manager, an individual is necessarily creative, foresighted and is a good leader. In the following text, the author has narrated how the author made use of these intrinsic qualities of a personality in the profession…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.8% of users find it useful
The Economic Recession
Read Text Preview

Extract of sample "The Economic Recession"

This was mainly due to the lack of transparency between management and employees. My firm believes that an organization can reach its maximum potential if its members are allowed to honestly provide as well as accept constructive feedback as it makes the circumstances conducive for mutual growth. Following this belief, I took the risk of singlehandedly approaching the higher management and suggesting they foster open communication where employees and the management could discuss the sales and marketing plans with each other as a team.

Initially, my proposal met with disapproval and I was criticized for being a non-conformist. Nevertheless, the skepticism soon turned into acknowledgement with the implementation of the communication policy as per my suggestion. Management realized the benefits of having the company share future plans with the employees more responsively. Accordingly, it opened a new channel between the employees and the management. Later, I asked myself what had made me flow against the mainstream. It dawned upon me that this incident was an outcome of the very character-building exercise that I was doing since childhood.

That exercise encouraged me to rise and face such situations with integrity and perseverance. I was the leader of a project for a pharmaceutical client. We had to implement a SharePoint – InfoPath solution. As it was our first time with a pharmaceutical client, we just made sure that the estimates were objective and optimistic enough to win us the complete project. The actual design consumed considerably lesser time to be made than it does normally, though I strongly believe that if 80 per cent of the total time on a project is spent on designing and clarifying issues, development takes no more than 20 per cent of the time.

I resolved to take added responsibilities in order to make sure that we did not miss the deadline. I got more involved in the Initial Client Requirements phase and provided inputs at each stage in which the expectations sounded unrealistic. Besides, I gave the development team a go-ahead as the design progressed so that the simultaneous work would save time for the execution of the project. Back in India, I got an opportunity to work with one of the leading airlines in the country. While working on project proposals for them, I learnt that for every extra minute that a dead ticket lays on the centralized ticketing server, Sabre, the airlines are charged.

I thought that a lot of money could be saved by taking care of these dead records. To achieve that, I developed a program in just two hours that a team of 12 people used to do in three shifts around the week. The client appreciated me for showing the way to save 5 million dollars annually. Although these incidents do showcase my managerial qualities, yet I feel an urge to enhance my leadership and managerial skills. I am positive that I can achieve this by attaining an MBA degree from one of the best business schools in the world like ABC.

I hope that the renowned faculty in the MBA program at ABC can help me achieve more, reach the apogee of my potential both personally and professionally and put me on the path to success.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Identify three accomplishments in your professional career and explain Essay - 1”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1577503-identify-three-accomplishments-in-your-professional-career-and-explain-how-they-demonstrate-your-potential-to-become-a-successful-manager
(Identify Three Accomplishments in Your Professional Career and Explain Essay - 1)
https://studentshare.org/miscellaneous/1577503-identify-three-accomplishments-in-your-professional-career-and-explain-how-they-demonstrate-your-potential-to-become-a-successful-manager.
“Identify Three Accomplishments in Your Professional Career and Explain Essay - 1”, n.d. https://studentshare.org/miscellaneous/1577503-identify-three-accomplishments-in-your-professional-career-and-explain-how-they-demonstrate-your-potential-to-become-a-successful-manager.
  • Cited: 0 times

CHECK THESE SAMPLES OF The Economic Recession

Effects of Economic Recession on American Jobs

US could not find any way to escape The Economic Recession when the whole world had actually completely soaked in it.... A loop of negative feedback was introduced by The Economic Recession which is expected to keep dragging the US economy for a while in the near future despite the fact that The Economic Recession has largely declined.... Effects of economic recession on American Jobs: Officially, recession in US commenced in December, 2007....
6 Pages (1500 words) Research Paper

The Economic Recession in Northeast England and Scotland

The paper "The Economic Recession in Northeast England and Scotland" states that Michael Porter's theory of clusters says that the economic map of the world today is dominated by clusters: critical masses-in one place- of unusual competitive success in particular fields.... Generally speaking, the recession was a big blow to the global economy.... The recession effects were felt even in small cities across the globe.... According to the Financial Times, ' Inevitably, the current recession has bitten-most painfully with the 12,00 jobs being shed at Nissan's Sunderland plant, a highly-influential beacon of manufacturing excellence' (Tighe, 2009)....
8 Pages (2000 words) Research Paper

1990s Economic Recession

% in 1993, which took 13 quarters for the GDP to recover to that at the start of The Economic Recession.... The paper "1990s economic recession" states that generally speaking, the US experienced an increase in the unemployment rate but it was lower compared with Britain, which was abnormal.... economic recession is a contraction in a business cycle, a slowdown in economic activities.... economic recession is mostly responded to by the government adopting and implementing certain economic policies such as increasing the amount of money in circulation, decreasing taxation in order to create an atmosphere that can allow an increase in public spending (Haslam, Neale & Sukhdev, 2000)....
5 Pages (1250 words) Essay

Causes of the Economic Recession

Prior to The Economic Recession of 2008 and 2009 various financial institution collapsed and this led to the closure of many corporations in the world.... An economic recession is a slowdown in the activities that are concerned with the economy of a country in a general definition.... Currently, the world economy is undergoing an economic recession and this is particularly in a number of the developed countries and the far reaching effects are also felt in the developing countries....
10 Pages (2500 words) Essay

How airlines have been effected by the economic recession and how they adapted

In the current environment of economic recession with highly volatile market conditions, the businesses across globe are adopting innovative measures to compete.... In the contemporary Introduction In the current environment of economic recession with highly volatile market conditions, the businesses across globe are adopting innovative measures to compete.... Interesting some airlines have also started offering different classes like business class, executive, economic and premium economic depending on the legroom and extra facilities like free drink, enclosed cabin, etc....
2 Pages (500 words) Essay

The Present Economic Sitation Has Had a Negative Effect On the Community

This essay considers how The Economic Recession has The Present Economic Situation Has Had a Negative Effect On the Community The current economic recession has had a profound impact on individuals living the current socio-cultural environment.... This essay considers how The Economic Recession has negatively affected the community through increased crime rates, neighborhood blight, and general social malaise.... While relative to the specific community, it's clear that a great amount of communities have encountered increased crime rates as a direct result of The Economic Recession....
2 Pages (500 words) Essay

Effect of the Economic Recession

The research paper focuses on the phenomenon of The Economic Recession.... One example is The Economic Recession of United States of America after the Great Depression of 1929.... The Economic Recession didn't happen overnight, though, the world was definitely caught by surprise.... The author of the research paper states that events in America caused credit crunch which led to the worldwide economic recession.... The life of people has become harder but with hard work and planning, the world hopes to fight back the problem of economic stagnation economic recession XXXXXXXXXXX XXXXXXXXXXX economic recession is a term one often hears these days....
2 Pages (500 words) Research Paper

Effects of Economic Recession on American Jobs

The paper "Effects of Economic Recession on American Jobs" states that after The Economic Recession has worn away, the biggest issue that the companies have to address is of sustainability.... After the end of The Economic Recession, efficiency has become the primary criteria of success.... The Economic Recession which started in December 2007 has generally brought a lot of pains for many countries in the world in general, and for the US in particular, though it has also done considerable good to the world in that it has dawned the loopholes of the conventional wasteful and obsolete business models upon people....
6 Pages (1500 words) Coursework
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.
Contact Us