The document describes a case study of how the author helped turn around a foundry company that was facing severe financial difficulties. Through meeting with over 100 suppliers per day to restore confidence and normalize supply flows, arranging payment of outstanding bills, and gaining cooperation, the foundry was pulled out of debt within a year. The author believes sharing such case studies can help teach managers how to identify problems early and take preventative actions before situations deteriorate significantly.
Why Small and Medium Sized Enterprises (SMEs) Fail In Malawi: A Case of Entre...Ntchindi Mkandawire
Businesses form huge part of most if not all countries of the world. It helps in economic
growth and development as it is the base of any economy. This paper focuses on the issues
affecting Malawi. The research question for the paper is “Why Small and Medium Sized
Enterprises (SMEs) Failure in Malawi: A case of Entrepreneurship.” Key number of issues
have been discussed in the paper. This includes the background to business and
entrepreneurship as the study will also focus on individuals who started their own businesses
This Presentation consists of basic concepts of ABC analysis (which is an Inventory categorization technique for effective management of Inventory) & a case study on it.
A clear disconnect is occurring at organizations across the U.S. when it comes to employee satisfaction, according to a new study released by Fierce, Inc., leadership development and training experts. The survey found that four out of five employees believe a toxic employee is extremely debilitating to team morale, while the same number agreed that their organizations are somewhat or extremely tolerant of these individuals
Examples of the types of work I have done and for whom, with outcomes and nice things people have said about my work. Always happy to talk through in more detail.
Why Small and Medium Sized Enterprises (SMEs) Fail In Malawi: A Case of Entre...Ntchindi Mkandawire
Businesses form huge part of most if not all countries of the world. It helps in economic
growth and development as it is the base of any economy. This paper focuses on the issues
affecting Malawi. The research question for the paper is “Why Small and Medium Sized
Enterprises (SMEs) Failure in Malawi: A case of Entrepreneurship.” Key number of issues
have been discussed in the paper. This includes the background to business and
entrepreneurship as the study will also focus on individuals who started their own businesses
This Presentation consists of basic concepts of ABC analysis (which is an Inventory categorization technique for effective management of Inventory) & a case study on it.
A clear disconnect is occurring at organizations across the U.S. when it comes to employee satisfaction, according to a new study released by Fierce, Inc., leadership development and training experts. The survey found that four out of five employees believe a toxic employee is extremely debilitating to team morale, while the same number agreed that their organizations are somewhat or extremely tolerant of these individuals
Examples of the types of work I have done and for whom, with outcomes and nice things people have said about my work. Always happy to talk through in more detail.
Critical Thinking Reflection Essay
Critical and Creative Thinking Essay
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Culture First 2019: Day 1, How to build a culture first performance and devel...Culture Amp
Explore how to transform your performance management system into one that is truly Culture First. Learn about the core components of “organizational justice”, the most common sources of bias that threaten the effectiveness of your process, and the fundamentals of effective feedback. Practice applying behavioral models with fellow people geeks to enhance the quality of both performance and development feedback. Walk away with a roadmap for creating an inclusive, effective performance & development program.
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Discussion Handling Tough Decisions in the WorkplaceManagers maLyndonPelletier761
Discussion: Handling Tough Decisions in the Workplace
Managers make numerous decisions on a daily basis. For some, the best choice is easy or straightforward to determine. If a machine breaks down, you either need to repair it or replace it. In an increasingly interconnected and complex world, however, the best decisions can often be unclear. Consider where you would stand on the following scenario:
A company has developed a new product for which there is a great demand. The consensus of the leadership team is that the company should capitalize on this opportunity and hike up the price to generate a 300% return on each sale. They feel that, as long as the marketplace is willing to pay for it, then there is no problem, especially since this would help solve recent discussions of layoffs due to declining sales. Only one person in the leadership team voices disapproval of this approach, saying that this is a greedy action that would rip off customers and go against the company’s values. The person feels that—despite what it would mean for the business—the product should be priced to generate a 40% return, which is an average return for the company’s products.
Assignment:
Respond to two or more of your colleagues’ posts “See below” in one or more of the following ways:
· Relate your own experiences to those of your colleague, including similar or different approaches you took to address your own situation and your reasoning for your decision.
· Provide an alternative viewpoint on your colleague’s situation or on how your colleague might approach the situation in the future. Include a rationale to support your response.
· 3 – 4 paragraphs
· No plagiarism
· APA citing
1st Colleague - Natasha Mills
Natasha Mills
Handling Tough Decisions in the Workplace
Top of Form
Whereas society in general and individual organizations have ethical codes that guide the behaviors and actions of people within these contexts, the concept of ethics still largely depends on one’s personal values and moral principles. When individuals lack these, their behavior is always subject to manipulation, and they may easily compromise their ethical beliefs in different situations. one of the psychological dynamics that precede the crossing of ethical lines is justified neglect. “When people don’t speak up about ethical breaches because they are thinking of more immediate rewards such as staying on a good footing with the powerful” (Wedell-Wedellsborg, 2019). Justified neglect is the most predominant psychological dynamic, followed by cultural numbness and omnipotence when it comes to crossing ethical lines.
The ethical situation that I have experienced involved the psychological dynamic of justified neglect. I was part of a panel tasked with hiring a candidate that would fill a certain position that had been left by an employee who had just retired. After conducting interviews, my colleagues in the hiring panel and I had identified a candidate that was a perfect fit ...
An introduction to the Jobs to Be Done customer research/insights framework, with a focus on how product managers can put Jobs to Be Done into practice with key tools such as customer interviews, surveys, prototyping, and A/B testing.
Hear from Nexus' new CEO, Dr. Michelle K. Murray, on her leadership style and what the organization can expect in the years to come. This issue also includes articles on how to be heard at work, budgeting, Nexus COA re-accreditation process, the upcoming legislative session, and Nexus' 7th Annual Conference.
05 managing conflict in organizations and dealing with unethical choices c...Nevion
There is a clear tendency to identify trouble makers based on individual’s perceptions or past experience. We often relate to someone else behavior, on single characteristics that are dominants. In other circumstances we are comparing behaviors in the same group assuming that all individuals belonging to that group shall behave the same way. This is forcing individuals to adapt their behavior in that group, not necessary producing the best outcome in term of performances or motivation.
Moving to the right side of safety is a journey; living a true culture of safety our goal. Sometimes it may feel like hiking up Everest without preparation; however, it doesn't have to be. Join us to explore this journey and inspire a passion for safety.
Studies in why Indian managent training institutes get marginalized. Mushrooming growth of new generation institutes is making this activity vulnerable. Some thoughts on it..
Experiences in my profession are shared. I will be requesting like minded people for a collborative activity. Job Knowledge is certainly essential but more than that a person behind the job skills is more important.
Critical Thinking Reflection Essay
Critical and Creative Thinking Essay
Essay on Critical Thinking
Creative and Critical Thinking Essay
Essay on What is Critical Thinking?
Culture First 2019: Day 1, How to build a culture first performance and devel...Culture Amp
Explore how to transform your performance management system into one that is truly Culture First. Learn about the core components of “organizational justice”, the most common sources of bias that threaten the effectiveness of your process, and the fundamentals of effective feedback. Practice applying behavioral models with fellow people geeks to enhance the quality of both performance and development feedback. Walk away with a roadmap for creating an inclusive, effective performance & development program.
The Process of Decision Making Essay
Decision Essay
Economic Decision Making Essay example
My Life-Changing Decision Essay
Decision Making
Making the Right Choices Essay
Decision Making Models Essay example
Parental Decision-Making Essay example
Decision Making Model Essay
Essay on Decision Making
Essay on Decision Making
Decisions, Decisions, Decisions Essay
Discussion Handling Tough Decisions in the WorkplaceManagers maLyndonPelletier761
Discussion: Handling Tough Decisions in the Workplace
Managers make numerous decisions on a daily basis. For some, the best choice is easy or straightforward to determine. If a machine breaks down, you either need to repair it or replace it. In an increasingly interconnected and complex world, however, the best decisions can often be unclear. Consider where you would stand on the following scenario:
A company has developed a new product for which there is a great demand. The consensus of the leadership team is that the company should capitalize on this opportunity and hike up the price to generate a 300% return on each sale. They feel that, as long as the marketplace is willing to pay for it, then there is no problem, especially since this would help solve recent discussions of layoffs due to declining sales. Only one person in the leadership team voices disapproval of this approach, saying that this is a greedy action that would rip off customers and go against the company’s values. The person feels that—despite what it would mean for the business—the product should be priced to generate a 40% return, which is an average return for the company’s products.
Assignment:
Respond to two or more of your colleagues’ posts “See below” in one or more of the following ways:
· Relate your own experiences to those of your colleague, including similar or different approaches you took to address your own situation and your reasoning for your decision.
· Provide an alternative viewpoint on your colleague’s situation or on how your colleague might approach the situation in the future. Include a rationale to support your response.
· 3 – 4 paragraphs
· No plagiarism
· APA citing
1st Colleague - Natasha Mills
Natasha Mills
Handling Tough Decisions in the Workplace
Top of Form
Whereas society in general and individual organizations have ethical codes that guide the behaviors and actions of people within these contexts, the concept of ethics still largely depends on one’s personal values and moral principles. When individuals lack these, their behavior is always subject to manipulation, and they may easily compromise their ethical beliefs in different situations. one of the psychological dynamics that precede the crossing of ethical lines is justified neglect. “When people don’t speak up about ethical breaches because they are thinking of more immediate rewards such as staying on a good footing with the powerful” (Wedell-Wedellsborg, 2019). Justified neglect is the most predominant psychological dynamic, followed by cultural numbness and omnipotence when it comes to crossing ethical lines.
The ethical situation that I have experienced involved the psychological dynamic of justified neglect. I was part of a panel tasked with hiring a candidate that would fill a certain position that had been left by an employee who had just retired. After conducting interviews, my colleagues in the hiring panel and I had identified a candidate that was a perfect fit ...
An introduction to the Jobs to Be Done customer research/insights framework, with a focus on how product managers can put Jobs to Be Done into practice with key tools such as customer interviews, surveys, prototyping, and A/B testing.
Hear from Nexus' new CEO, Dr. Michelle K. Murray, on her leadership style and what the organization can expect in the years to come. This issue also includes articles on how to be heard at work, budgeting, Nexus COA re-accreditation process, the upcoming legislative session, and Nexus' 7th Annual Conference.
05 managing conflict in organizations and dealing with unethical choices c...Nevion
There is a clear tendency to identify trouble makers based on individual’s perceptions or past experience. We often relate to someone else behavior, on single characteristics that are dominants. In other circumstances we are comparing behaviors in the same group assuming that all individuals belonging to that group shall behave the same way. This is forcing individuals to adapt their behavior in that group, not necessary producing the best outcome in term of performances or motivation.
Moving to the right side of safety is a journey; living a true culture of safety our goal. Sometimes it may feel like hiking up Everest without preparation; however, it doesn't have to be. Join us to explore this journey and inspire a passion for safety.
Studies in why Indian managent training institutes get marginalized. Mushrooming growth of new generation institutes is making this activity vulnerable. Some thoughts on it..
Experiences in my profession are shared. I will be requesting like minded people for a collborative activity. Job Knowledge is certainly essential but more than that a person behind the job skills is more important.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
2. While discussing the comments on my slides ‘Create Moments’ , my son asked me ‘.. don’t you think you are more abstract in this one, it would have been much effective with real life connectivity.’
3. I agreed. The base was provided by my professional experience – though I have deliberately tried not to mix it with slideshows so far, but in this case I think I owe it to each of the viewers.
4. One of my old well wisher thought he needed my help for his foundry unit badly and we started working together.
5. Study of the Company’s balance sheets and performance for last couple of months and liquidity position, I convinced me about friend’s urgency – rather it was much late.
6. It was really bad situation; the Company had lost more than half of its equity during last one and half year, mounted supplier dues compelling cash and carry purchases, resultant poor capacity utilization aggravated the problems and excess bank borrowings due to depletion of securities.
7. I recall, after one and half month we started looking into the situation, when the preceding month’s performance was computed, to everybody’s surprise there was notable improvement. It went on like that progressively and within year I was connected with the activity, the foundry was out of the red.
8. One day in second month the receptionist told me, ‘there is surprise for me’. As receptionists go, I thought it was to help me to start another better day.
9. After the tea meeting next morning my friend beckoned me to stay back and asked me, ‘Prakash how you managed all this’ ‘ Manage what?’ ‘ Last month 2900 people visited you, in 26 working days.’ ‘And 10 hours a day’ I added. ‘Oh, that thing, you never expressed it to me, but situation demands it. Isn’t it?’ ( my friend certainly had resource accounting methods in place and working) ‘ Yes, you are right, it was badly required, but take care of your heart.’
10. There were 400 active suppliers and about 100 or so ex having stopped supplies due to payment problem. So I was meeting mind to mind to about 100+ persons every day and wrangling over only one issue – no not the money problems, but the normalization of supplies.
11. With whatever people knew about me many had a confidence that I will have some solutions for the situation, and the others caught with it fast.
12. You need to understand that these suppliers; more than money they survive and grow on faith, money is just a expression and measure of faith. Having committed lakhs of rupees, either they need money to circulate or in exceptional conditions at the least certainty about it.
13. One who was engrossed, like my friend, in operational problems, customers ( who were also victims of erratic production ), quality, schedules, developments, workers ( the salaries were also erratic) and so on. In a medium scale industry rarely one takes the responsibility when nothing was clear to them.
14. When the past was diagnosed properly to provoke the relevant correction and materials were a major constraint, where in immediate past practically all suppliers were related to the problem, suppliers alone were having a solution – the consistent supply of materials. We needed just to convince them.
15. The suppliers which insisted on meeting me were taken into confidence and there was brief but frank discussion about the way out – different persons, different thinking and expectations, different language, tones, anguish and intensities; but yes we were having a positive access to their thoughts.
16. Gradually, to display the earnestness, I arranged to keep cheques ready ( so no more arguments over the amounts being paid). Within a week material flow started moving in, activities increased and things started improving.
17. Idle worker is a most demoralizing factor in the factory. Parkinson’s Law comes into operation victimizing the future due to habituated low productivity and disregard for the quality.
18. All suppliers were subjected to ABC analysis and sensitivity to operations. Every person coming in to see me was given a confidence that we mean whatever we say but we need their co operation badly.
19. Every meeting was planned, every word was created for desired impact, every rupee was judiciously leveraged, every promise was met, and through it every moment got created for us to provide an opportunity to unshackle the fate bound in ignorance and preoccupation of the people handling the situation.
20. Such homework, when it gives a positive and encouraging feedback, helps you create a scenario where a blend of commonalities and differences is brought into play. These scenarios then give you a strategies, solutions and success.
21. We did defer some payments where there was no reciprocation, but there was understanding but no ill will. If one can not help the process for reasons, one does not throw the spanner – it happens when minds are open and clear.
22. It was a turnaround and considering the magnitude of problem it was faster one. When we talked with the bankers, with this feedback and plans, the situation eased further.
23. When insight adds confidence and one sustains the positive change things go on being productive by themselves creating a virtuous cycle. In our own open mind we found keys to the mind of the other fellows.
24. These were post facto actions, but everything was done in the mind, without pencil or paper and without rush of intensities. Though it was not a question of life and death, our identities as managers of resources, security of hundreds people and our own fate was at the stake.
25. I have a belief and lived with it that, it is always beneficial and effective to do such exercise before hand preventing situation to go bad.
26. However, every person, like my friend in this case, has his defendable priorities where balanced approach and practicality was the casualty. May be people in their earnestness want see some tangible results just to feel themselves at command.
27. In business, where external services and planning are available, but who will find time, energy and commitment to ensure the desired outcome? Had all these already been therein the first place, the situation would not have been allowed to go beyond limits.
28. If this is the case in business organizations, just imagine who will help individuals in such and similar demanding situations? And we know as individuals we all do face such problems.
29. The classical human approach comes into picture – either people resign to the situation or keep on fighting with their own sense of relevance and priorities accepting such situations and struggles just as a part of life.
30. All the bookish knowledge and expertise is there but what can help disciplining the mind for practicable solutions, except for the mind of the people concerned.
31. I do not say the situation described above is something unique. So many people and numerous organizations have handled it successfully and come out of it and most of them have redefined their outlook towards business and life.
32. We need to learn from these successes and make such case studies available for people who – today or tomorrow - are expected to handle major business resources, take decisions and responsible for future of people dependent on it.
33. Managerial minds should be educated for identifying the deviations much earlier to prevent a built up which always calls for disproportionate and wasteful costs in the long run.
34. Organizations score over individuals as it has access to more minds, where the shared concerns and objectives can add real value better than that is added on machines, machining centers or assembly lines.
35. When one can visualize the vibrations in the situation, moments, substances, their force and directions nothing remains abstract. Every thing evolves in the mind first–and blooms in reality to be better than otherwise can.
36. This is an experience, oft repeated. Such way need not be restricted to just business finance. All fields product development, reengineering, marketing, human resources development .. All demand it. Pictures credit Thanks to SlideShare Flickr & WWW drishti~cone – a point of view The fiber optics pictures are intentionally selected as their behavior resembles to human mind. Thoughts being moved reflect only after action is taken, but the power is applied well before that. Each fiber in the bunch can manifest different colours and strength.