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A vision statement provides a very specific description of what the future will look like for an individual or an organization. In the reading for this module, we learned about the leadership practice of inspiring a shared vision. Before posting to this discussion, make sure that you have updated the “Inspiring a Shared Vision” column in your Leadership Development Action Plan document to show how you will use the concepts you have learned to improve each of the leadership areas you identified in Module One. Once you have updated your leadership development action plan, respond to the following: •Imagine that you are attending a leadership meeting and you are asked to compose a vision statement that represents your ideal future for an organization you represent. Be creative in drafting your vision statement. The organization could be the business you hope to start someday, the company you hope to work for someday, or a nonprofit organization you would like to be involved with. The options are limitless. Share your vision statement with your classmates. •In your leadership meeting, each of your colleagues exhibits a different leadership style. The first colleague exhibits the traits of a situational leader; the second, the traits of a contingency leader; and the third, the traits of a path-goal leader. Which of these three theories of leadership aligns the most with your vision statement? Or is your leadership vision a combination of multiple theories we have reviewed so far in this class?
It is January 2015. You work as a financial analyst for Merck & Co. and are tasked with the due diligence on the proposed acquisition of a biotech startup. You estimated the following cash flows for the startup: What is the terminal value, i.e., the ..
The following costs have been recorded: Incoming materials inspection: $20,000 Training of personnel $40,000 Warranty $45,000 Process Planning $15,000 Scrap $13,000 Quality Laboratory $30,000 Rework $25,000 Allowances $10,000 Complaints $14,000 What ..
Problem 1: Here are the monthly sales for National Retail , Inc.
Name the three kinds of customer turnoffs described in the chapter. Who, in an organization, is primarily responsible for each? What is Web-based customer service and why is it important? Describe four positive steps to better listening.
A machine cell uses 250 pounds of a certain material each day. Material is transported in vats that hold 25 pounds each. The cycle time for vats is 2.5 hours. The manager has assigned an inefficiency factor of 0.12 to the cell. The plant opera..
What reasons are there for having copyright terms last this long? What consequences are there to having a long copyright term?
Compare and Contrast JIT and MRP. Discuss how or if MRP and JIT affect PAC differently. Do you view these impacts as positive or negative. Why
Describe the organizational structure of your selected organization. Compare and contrast that structure with two different organizational structures.
Explain the parallels of the concepts presented in the video to the five functions of management. Explain how the five functions of management can help you in your personal life.
Describe Lewin’s model of change. Can you use this model to relate to a change you have had to make in your own life?
Perform an analysis of TJ's product-mix problem, and prepare a report for TJ's president that summarizes your findings. Be sure to include information and analysis.
If a freight-hauling firm estimates it will need a new forklift in six years. the estimated cost of the vehicle is $40,000. The company sets up a sinking fund that pays 8% compounded semi annually, into which it will make semi annual payments to achi..
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