Different Pathways Essay

Different Pathways Essay Different Pathways Essay Two Entrepreneurs: Two Successes Two Pathways Imani Stephens October 19, 2014 BTM5000-8 Abstract There are many strategies used to have a successful business. Michael Dell is successful because he makes the customer the focus of his company. He also has a good understanding of supply and demand, he steers away from overproduction. Andy Grove has had a few methods of avoiding feeling safe in his business endeavors. Grove’s method of continuous preparation has kept his business successful as well. Both entrepreneurs share the ideas of keeping a plan for future outcomes, striving through obstacles, and providing a product better than their competitors The Entrepreneurs Michael Dell is the founder and CEO of Dell. He has been an entrepreneur since the age of 12. At the age of 19, Dell began experimenting with computer while he was a student in college. In 1984, Dell registered his business as Dell Computer Corporation. â€Å"At age 27, Michael Dell was the youngest CEO of a Fortune 500 company.† (Krames, 2003, p.58) Dell contributes his success to relationships between his company and the customers. Andy Grove is the cofounder and former CEO of Intel. Formerly known as Andras Grof, he migrated to the United States and cofounded Intel in the late 1960’s. Grove’s ability to overcome challenges and constructing management during periods of change has made him successful. Contributions In 1968, Andy Grove, Bob Noyce, and Gordon Moore created a computer chip that could store ever-increasing numbers of transistors. The chips would not only be cost effective but increase the computer’s memory and functionality. Grove and his team predicted the need for their product due to expansion of technology. Michael Dell used a direct model for his company which was â€Å"†¦based on a one-to-one relationship between the company and the costumers-â€Å"(Krames, 2003, p.59) Dell gave the costumer the opportunity to participate in the design of their product and a voice in the company. To assure accuracy and satisfaction, Dell builds the products after the costumer’s order is received. Costumers were given communication resources such as calls, emails, and faxes. Forums were created for costumers to speak with key employees in the company. Resistance In the 1980’s, the Japanese were making computer chips that cost less and were more efficient than the Intel chips. The competition forced Intel to shift production from chips to microprocessors. Another massive change occurred while marketing their new product, â€Å"a minor error† (Krames, 2003, p.140) was discovered in the chip. Grove created a certain amount of fear into his company, which promoted his employees to prepare for unpredictable circumstances. In the 2000’s, when the computer industry declined due

Business Succession Planning Research Paper Example | Topics and Well Written Essays - 1500 words

Business Succession Planning - Research Paper Example The minority shareholders are those shareholders who are in a position to exercise control over the issues of the company. This situation may lead to a conflict of interests between the majority and minority shareholders. The reasons for such conflicts and the likely effects of those conflicts on corporate governance and the ways to solve such conflicts are discussed in this paper. Structural reasons: The organization structure is so designed that some people may have advantages over others by having access to information and resources so that they have more insider information. Hence, this creates an organization which is not transparent. Also, the majority of shareholders can have control of financial resources and human resources of the company and this may create domination over the minority group. The Institutional allocation of authority can be imbalanced and can be according to the benefit of a few people. The majority of shareholders may have more power in decision making and when the minority does not agree for decisions they may threaten to create a deadlock until the minority group agrees. In the case of proprietary companies(3), the ownership and management are overlapping and there is no distinction between the two. Hence, the company is managed in such a way that is best for the owners which may cause conflict with the minority shareholders. The absence of Information and Factual Complexity: Withhold of valuable information causes mistrust among the minority group and this can ruin the confidence of the minority group on the management. Hence, when there is information is available freely the shareholders are not willing to believe the credibility and this can cause confusion. Breakdown of relations: Personal relations between directors, shareholders and employees can be a cause of conflict, or can at least exacerbate conflicts caused by other factors such as loss of trust, poor communication, stereotypes of gender or class, high levels of emotion, ego clashes, cultural or gender tensions, autocratic or uncooperative behavior.

There is a bleak relationship between liberalism and colonialism Essay

There is a bleak relationship between liberalism and colonialism - Essay Example Colonialism leads to atrocities where liberalism is absent. Elkins acknowledges that British colonialism in Kenya did not give natives right and access to amenities (Elkins 2011: 7374). The system of governance used constituted torture and violence to ensure that Kenyans obeyed the system. Additionally, the use of military agents to deal with Mau Mau insurgents used thepower that denied Kenya access to freedom. The military government received support from the high officials in the colonial government. The illegal use of force to rule Kenya confirms that liberalism cannot thrive where colonialism is practiced. Elkins reveals that the five complainants required hard evidence for them to win the case. One of the documents that were used includes Hanslope Disclosure, and it was used to document cases of violence and detention. The practice of colonialism during British Empire in Kenya led to deaths at least 1,000 Mau Mau suspects through hanging. Bringing colonial warlords to justice gr ants the former colonies a sense of self-actualization. However, the warlords out up a fight and destroy any evidence that can ascertain that they committed atrocities that disrespected human rights. One of the common processes that are used to seek reconciliation between colonialism and liberalism is restorative justice. Elkins argues that liberalism comes through the process of restorative justice (Elkins 2011: 736). Mau Mau suspects and sympathizers were detained amidst massive public support and protests.