Siemens ShareNet : Building a Knowledge Network Case Background: Siemen’s Information and Communication Network’s (ICN) Group Strategy Division had been delegated with the task of proposing a strategy for the future of ShareNet. ShareNet‚ a Knowledge Management System had grown from a small experiment to a tool and was widely used by ICN’s Sales and marketing department (S&M)‚ had been rolled out to R&D department and one of the Siemen’s large U.S. Client. There had been a meltdown in the telecommunications
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In business world‚ people tend to choose male more than female as their boss. I personally agree with them because of some reasons. First of all‚ the effectiveness of work. If we compare between male and female‚ the result will show that male is more effective on doing business than female because male directly goes to the main point. When males go to a mall and have a plan to buy sport shoes for example. They will directly go to the sport station and buy them without having to choose for a
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Mike Royko captured the life of a truly amazing man‚ Mayor Richard Daily. Royko in the book‚ Boss‚ follows an diffident beginnings on the South Side of Chicago in the Bridgeport neighborhood to Daley’s rise as a powerful politician. Being born in 1902 and rasied by Michael and Lillian Daley. Difficult by humble house which some accredited later to Richard’s difficulty in communicating. Daley did not have siblings to communicate with early in life. Even after public life he still had a difficult
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Case Study: Siemens Bribery Scandal 1. Corruption was deeply embedded in Siemen’s business culture. They rationalized this corruption by stating that it was not illegal to initiate bribes to government officials. This was true‚ however not anymore‚ the law changed in 1999 prohibiting such acts of corruption. 2. If a manager at Siemens would have stood up and took a stand against corruption‚ I think that he/she would have most likely been fired for being insubordinate. The higher executives that
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The Bribery Scandal at Siemens AG Analysis This case discusses the bribery scandals that were unearthed at Siemens AG in 2006 and 2007. There were a series of scandals that involved some of the company’s employees bribing foreign officials to gain contracts and creating slush funds for this purpose. Siemens agreed to pay €1 billion towards settlement of corruption charges $800 million of which was a fine imposed by U.S. in addition to the billions of euro paid in fines‚ back taxes and late interest
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Case: Siemens AG: Global Development Strategy (A) 1. How would you characterize Siemens’ global development strategy? Why does it have regional development centers (RDCs) around the world? Over the years‚ however‚ Siemens had followed a strategy of shifting more autonomy to its regional centers to strengthen its global presence. First‚ because of local labor shortages‚ ICN could simply not centralize all product development at Munich. Second‚ having regionally-based managers‚ engineers and
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Learning From your Boss I had the opportunity to work with a company for twenty eight years so I went through multiple management/Leadership. The lessons about management/leadership that I learned from my manager are the following: • Goal Setting - Setting goals is a very important first step on the path to becoming a more effective leader. While managers surely set goals and work to achieve those goals‚ leaders operationalize goals through teamwork. Accomplishing goals becomes more than a
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Technology has progressed rapidly since 1963‚ forever changing the way news is delivered. At that time‚ television was transitioning to become the preferred medium of choice for delivering news‚ coexisting with the newspaper and radio. The Kennedy assassination was covered with these three media‚ much as it would be today‚ with several notable exceptions. Back then‚ the transmission of news was slower. State-of-the-art news equipment for live broadcasting didn’t exist. Satellites weren’t around to
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Toxic Boss Syndrome What is Toxic Boss Syndrome? Toxic Boss Syndrome is a problem many workers around the world face everyday. Strong leadership in the workplace is crucial to success‚ but many leaders end up hurting their employees and therefore the company by their attitudes and behaviors. Because the economy is unpredictable and sometimes unstable‚ it has authority figures on edge and many unable to lead in the ways that need to be done (Mckee‚ 2012). According to Colonel George E. Reed of the
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a Strategic Business plan for a commissioned company (Hugo Boss) in the course Creative Businessmanship in the Master Program Applied Textile Management & Fashion Management at University Of Boras. Executive Summary HUGO BOSS is a world wide known brand in the field of fashion‚ offering high quality mens- ‚ womens-‚ body- and since 2008 also kids wear besides other lifestyle products such as fragrances and accessories. The Hugo Boss AG is generating a total turnover of about 1.5 Billion euro
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