Corporation – A separate legal entity that has an existence at law that is separable from those who form it. It is a separate legal entity in the sense that it has an existence at law‚ but no material existence. * It is separate and distinct from its shareholders * A properly authorized agent may bind the corporation in contract with third parties. * Shareholders possess limited liability for the debts of the corporation‚ and creditors may look only to the assets of the corporation to
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liability of the shareholders. However‚ under certain circumstances the corporate entity may be disregarded. This is also known as piercing the corporate veil and is the most frequent method for holding the shareholders liable for the acts of a corporation. Corporate officers‚ directors and controlling shareholders have a general fiduciary duty of loyalty and care which should govern all their corporate conduct. Unless they breach that duty by gross negligence or acts in bad faith‚ they usually will
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[Type the company name] MGMT 592 Leadership in the 21st Leadership Development Plan Bussey‚ Chris Table of Contents I. Purpose II. Background and Current State III. Literature Review IV. Vision‚ Mission‚ Objectives and Action V. Summary and Conclusion VI. References PURPOSE: I am currently the Manager of the Project Controls group for the Containerboard and Cellulose Division at Georgia Pacific LLC. I have held this position for over a year. Prior to this position I have many years
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Chosen Model The purpose of this report is to review my leadership competencies through the theories and models explored. A leadership development plan will be created to assist myself; a young female adult who is entering the family based engineering business‚ taking up the role of sales manager. The Leadership Competency Model‚ developed by the Central Michigan University (CMU Model)‚ will be used as a guiding principal. The model is made up of the aspects‚ namely‚ self-management; leading others
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Personal Assessment and Leadership Development Plan Introduction The focus of my personal assessment and leadership development plan is to denote the values‚ beliefs‚ thoughts‚ and actions that will propel me into a state of personal fulfillment as a more complete leader at home‚ in the workplace‚ and in the community. The preparation of this document will result in the creation of a deliverable to be frequently referenced and used as a reminder of the overall direction and more specific strategies to achieve my personal and
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Local Government Leadership Development Robert J. Dickey Kyongju University‚ S. Korea Email: rjdickey@soback.kornet.net Introduction Most of us are at least passively aware of the BBC comedy series "Yes‚ Minister" and "Yes‚ Prime Minister." Margaret Thatcher has been quoted as saying "it ’s accurate portrayl (sic) of what goes on in the corridors of power has brought me hours of pure joy".1 What does this 1980s era political satire have to do with the issue of leadership development of elected public
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International Journal of Business and Management August‚ 2006 A Critical Review of Leadership Research Development Jun Liu Business School‚ Renmin University of China‚ Beijing 100872‚ China Xiaoyu Liu School of Labor Relations & Human Resources‚ Renmin University of China‚ Beijing 100872‚ China Abstract Leadership research has gone through several phases of development in the past 80 years or so. The paper identifies the major theories in each phase‚ and investigates the strengths and weaknesses
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Case Study: Leadership Training & Development  Client Description: Hewlett-Packard (HP) is a Fortune 100 global technology company. The Situation: In January 2002 HP faced extraordinary challenges: - HP was adjusting to a major reorganization‚ which reconfigured over 80 separate business units into just 4 global business units. - The company was completing and implementing its merger with Compaq. - The backdrop was a weakened economy following September 11 and the dot-com downfall‚
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| New leaders must be inducted into the team and leadership culture and must be made aware of the expectations and developmental requirements that come with each promotion | * Meeting key staff members * Discussion and understanding of the leadership strategy * Assessments carried out to identify areas for development | * Introduction to key people either as stakeholders‚ holders of position or power * Understanding of the development opportunities available | * The quality of the
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and the government has been the domain by men gender. But now the women can play a great role of leader and have a good leadership quality as men. The transformational-transactional leadership styles have become popular in management. Transactional leadership is based on exchanges when followers give good result‚ then the leader will reward accordingly. Transformational leadership is more to guide and to motivate followers to see become more visionary and charismatic. Women leaders tend to be more
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