g) Compare the predicted probabilities between the logit and the LPM to those implied by your probit results.…
Welch was extremely effective in taking over the GE reins. He challenged each to be ”better than the best” and planned radical changes across the company. Under his guidance, the company expanded dramatically from 1981 to 2001.…
"Let my name stand among those who are willing to bear ridicule and reproach for the truth's sake, and so earn some right to rejoice when victory is won." Louisa May Alcott wrote many inspirational novels that explain her personality and her hardships in life. Her writing supported her family, no matter where she was. When Alcott died, her older sister was left and still received the money from her sister's still selling books. Alcott's books are still being sold today, though they may be hard to find. Her most known novel, Little Women, taught the world to appreciate what you have in life, though you may wish for more, what you have is as important as the "fancy" things. Throughout her career, Louisa May Alcott wrote about the many things…
ESTJ stands for Extroverted Sensing Thinking Judging, which means that people with my personality type are acute leaders who promote work ethics, responsibility, and standing up for the principles that one holds. ESTJs are particularly well suited for management or political office due to the fact that they make impersonal decisions quickly, and are very good at supervising those under them in order to accomplish goals. One theory that applies particularly well to those who are ESTJs is the collaborative leadership theory, which states that creating and working through strategic alliances and strong partnerships creates leadership roles that allow for great change and work to be accomplished within businesses, corporations, etc. Collaborative leadership is upheld not by formal institutions of leadership or communication, but by a complex web of interpersonal relationships that are essential to the proper functioning of the business. Since ESTJs are very good at making decisions quickly, a trait that is necessary in order to efficiently collaborate, the collaborative leadership theory is a theory that can be easily used to direct…
Ability to prioritized work and follow through independently, handle a variety of tasks, and work collaboratively and professionally…
Collaborative, Driven to deliver, Courage to challenge, Role model, Curious, Decisive thinker, Skilled influencer, personally credible.…
* Leader, reliable, respectful, determined, responsible, hard worker, follow directions, always doing the extra thing to get ahead, and mentally strong.…
Prior to year 2010, GE’s previous CEO, Jack Welch, had built GE into a highly disciplined, extremely efficient machine that delivered consistent growth in sales and earnings. However, after Immelt took over GE from Welch, Immelt recognized the necessity for strategic change in the GE when he took considering the situation of economic downturn. 9/11issue and Enron Scandal triggered a downturn in the economy, which in turn affected GE’s stock market price. Immelt saw little need to challenge the basic business model no which GE had operated for decades.…
For Scale E, I got 26/ 35 and it means that I got a pretty high score in being an extrovert person. I believe that being outgoing, friendly, sociable and people- oriented person are leadership traits that can help me more be emphatic and work well with a group. Being sociable will help me in strengthening my professional network. I must just keep in mind to be reserved, too when the situation calls for it like Board Meetings and Employee Interviews.…
Jack Welch, the former CEO of General Electric, has been described as the greatest manager in modern times. Under his direction, GE dominated every sector of its industry. In addition, many top managers who lead American companies today worked at one time under Welch at GE. Welch defines successful leaders as those who “grow others,” and he believes this was one of his greatest legacies as a CEO and leader.…
Within a week, Nardelli hired on as Home Depot’s new CEO. He was a big…
The famous General Electric (GE) CEO Jack Welch once said, “When you were made a leader you weren't given a crown, you were given the responsibility to bring out the best in others.” 1 Welch, like the many other successful CEO’s of GE, understood the importance of developing leaders within the company and, in turn, those leaders developing others. At GE, leaders are the critical players necessary to create and sustain a culture that aligns with the company’s long-term objectives. Leaders innovate, change, demonstrate, regulate, and empower in their own styles to pave the way for a company’s success. In research conducted in 2013 by Right Management, a talent and career management firm, approximately a quarter of the 2,000 senior human resource executives from 14 countries voiced a concern for a lack of future leaders2. Leadership is fundamental to stay ahead of the competition and with future shortages in leadership talent, companies must work on creating a culture to allow leaders to emerge from within to work towards a long and healthy future in the marketplace.…
My four personality factors are extraversion, sensing, feeling, and judging. Therefore, my personality type is ESFJ. Generally, people who fall into the ESFJ personality type are friendly, cooperative people who work hard to get their job done. It usually is not very hard for ESFJ’s to work within groups because they tend to get along with most people and are honestly concerned about the welfare of others. Because an ESFJ works best with a job where their helping skills can be appreciated, they tend to work in traditional settings where their service can be practical and personal.…
From the statement above, it is shown that there are lots of other business leaders likely to follow Jack Ma’s example and challenge the status quo. They can get and learn lots of things on how to manage a company from this charismatic founder of Chinese e-commerce giant Alibaba. The things are:…
things and don’t wait for them to come to him. Being a positive, proactive person will help others around you become more positive. Doing simple acts of kindness throughout your workplace can quickly become contagious. In addition, the employee should has pleasant tone of voice, good posture, respect and courtesy and always be interested in others.…