Friday, May 22, 2020

The Telstar Scenario Conflict With Multiple Failures

The Telstar scenario describes a conflict with multiple failings. Firstly it resulted in a faulty product. Secondly, it reduced the relationship between the Structures Manager (SM) and the Project Manager (PM). It appears that neither party tailored conflict management techniques to the conflict. This conflict is between two people with differing positions: one believes that the work should be carried out, the other does not. Fisher and Ury (2012, p14) state that â€Å"positional bargaining becomes a contest of will† meaning that one party will end up bending to the will of the other, causing resentment and anger. (Fisher and Ury, 2012) When interests, as well as positions, are considered this will improve the negotiations. (Funken, 2001) The interests may have been missed due to both parties seeing this as a conflict of control (Fisher and Ury, 2010) and using the Thomas-Kilmann method competing. (Bens, 2012) But their outcomes are different: the PM ‘wins’ and the SM ‘loses’ without attempting to find a win-win solution or to compromise. This not only means that they fail to find options, but will hinder relationships between the teams, potentially affecting future projects. To be concluded successfully, this conflict could act as the storming phase of Tuckman’s stages of group development (White, 2009) this conflict could be part of a cultural change in the organisation: to collaboration between functions which will add value to this and future projects. It is easy for a

Saturday, May 9, 2020

Facts, Fiction and Comparison and Contrast Essay Topics List

Facts, Fiction and Comparison and Contrast Essay Topics List The One Thing to Do for Comparison and Contrast Essay Topics List There are a number of methods in which you can make certain that their thesis is deemed top notch. To put it simply, compare and contrast method to analyze and find the similarities and differences between both topics. In a lot of sections of text's key body you are supposed to demonstrate different contrast or compare points. There are two common strategies to compose the composition. The instance is India that is democracy not republic. Beowulf and Churchill, however, are a lot more different heroes than it may appear to be. Third try to come up with the most important point of your argument. There are many groups which are under the umbrella of evangelical. In the span of obtaining an education, students must deal with distinct tasks and overcome many challenges of different complexity. My college instructional pursuits. There's, obviously, a limit on the range of pages even our finest writers can produce with a pressing deadline, but usually, we figure out how to satisfy all the clients seeking urgent assistance. The pen is actually a fascinating device. Using our professional essay writing service, you obtain a range of free services including absolutely free revisions, absolutely free cover page and outline, completely free formatting upon request, absolutely free editing, and totally free essay shipping. You've got an entire collection of things to compare. The tips below will make sure that the thesis written is of high quality. For instance, something as easy as adding new info on your internet site creates another selling opportunity when prospects and customers go to your website to find the new info. There are lots of hints and methods to assist you in capturing a reader's interest. Additionally, a customer may ask the writer to submit part of the job for review and, if needed, ask them to make corrections. Therefore, many students and employees decide to acquire cheap essay rather than writing it themselves. Homeschool high school students will be certain to delight in some of this week's lighthearted topics. Students that need over a list of good topics may hire professional academic writers online to acquire the maximum grade with no distinctive efforts. Start looking for the best ideas shared by the best students in the lists below. Citations and extracts from assorted sources have to be formatted properly. Inside this paper, it's appropriate to use easily comparable subjects. Take a look at our compare and contrast essay samples to observe how to compose essays of this sort by yourself. In these instances, you should compose an essay or report to go over your ideas about the subject. You're able to attract books, movies or articles which are discussing exactly the same topic you're likely to approach in your essay. This informative article puts more focus on subjects and topic for these kinds of essays since without a great subject, you could end up getting stuck and need to start over and over again. Emphasize the thesis and say the reason why this topic is crucial. Writing an excellent essay might be a bit of cake if you're feeling inspired. Before you start to compare the 2 subjects, research to acquire more knowledge on the topics you're writing about. Students learn how to analyze details about two subjects. While preparing the text, you will need to see that you should separate these 2 topics from one another. Most the topics utilized for writing process essays are associated with academics. There are various topics that one may use in writing process essays. This list deals with a number of the easy to write essay topics.

Wednesday, May 6, 2020

The Rise and Fall of Enron Free Essays

The meteoric rise and fall of Enron is one of the most notorious tales in the history of corporate America. Enron was the seventh-largest company in the United States in 2000 and ‘Fortune’ magazine had declared it as America’s â€Å"most innovative company† for six straight years; its share price had climbed from $ 10 a share in 1991 to over $ 90 a share in August 2000 while its revenue jumped to more than $100 billion. (â€Å"Rise and Fall of an Energy Giant†) No one could have predicted that before the end of the following year the â€Å"rising star† of corporate America would be filing for bankruptcy, shaking investor confidence to the core and signalling the end of the longest bull-run in the American stock exchange’s history. We will write a custom essay sample on The Rise and Fall of Enron or any similar topic only for you Order Now The ramifications of the dramatic collapse still reverberate in global financial and energy markets as well the U.S. courts, where a number of former Enron managers face serious criminal charges. This fairy tale rise and ignominious fall of Enron is the subject of this paper. The Pipeline and Energy Company: Enron Corporation was formed as a result of a 1985 merger of Houston Natural Gas (HNG) and InterNorth-a Nebraska based gas pipeline company. Kenneth Lay, CEO of HNG, became Enron’s first CEO and proceeded to make it the first nationwide natural gas pipeline. Enron soon became involved in in the transmission and distribution of electricity in addition to gas in the US as well as the development, construction, and operation of power plants and pipelines worldwide. Its profits were, however, modest as in those days, energy was a government-sanctioned monopoly. (Lindstorm) Taking Advantage of Deregulation: Things began to change as the gas and electricity sectors were deregulated by the early 1990s. Kenneth Lay decided to take advantage of the deregulation and hired Jeffery Skilling a young consultant with a banking and liability management background, in 1990-making him the CEO of a new division in Enron- the Enron Finance Corp. The duo proceeded to transform Enron from a ‘boringly predictable’ and regulated Gas Company into one of the largest energy traders in the US that would eventually dominate the trading of energy contracts and financial instruments known as derivatives. Trading Becomes the Mantra: As Enron’s revenues sky-rocketed in its initial forays into wholesale buying and selling of gas and electricity, Skilling was emboldened to extend the trading concept into almost any commodity that could be traded, i.e., futures contracts in coal, paper, steel, water and even weather. Taking advantage of the growing use of the Internet, Enron started Enron Online (EOL) in October 1999-an electronic commodities trading Web site that was hugely successful almost overnight. Skilling hired the brightest talent from the top MBA schools and turned them into high-flying traders with incentives to â€Å"eat what they killed.† (Thomas, para on â€Å"The Best, the Brightest†¦Ã¢â‚¬ ) While the company grew rapidly through the 1990s, â€Å"some of the worst manifestations of its culture-obsessions with bonuses, the stock price and exotic accounting-were also growing, and out of control.† (Fowler, â€Å"Enron’s Implosion†¦Ã¢â‚¬ ) Enron did make huge profits for a short while due to highly volatile energy prices, and there was widespread perception in the company about the unlimited potential of online trade and technology innovations such as the broadband. Things started to change in the late 1990s. Other energy companies such as Dynergy, Duke Energy, and El Paso had entered the field of energy trading and the competition started to eat into the huge profit margins of Enron. Other factors such as falling energy prices in early 2001, the approaching worldwide recession and the broadband bubble burst began to work against Enron’s ‘dream’ run. The company, in the meantime, had embarked on a culture of cutting trading deals that had a momentum of its own that was hard to stop. Disregarding Ethics: Ethics at Enron was put on the back-burner as its corporate culture was focused on making â€Å"deals† and increasing Enron’s share value. Skilling was relentless in his push for creativity and competitiveness, giving rise to â€Å"a growth-at-any-cost culture,† overriding all checks and balances, and suppressing all voices of caution. (Fowler) Its ‘ethics’ was personified by Kenneth Lay’s exercising of his stock options and pocketing profits, even as he was promoting Enron shares as a bargain to employees. It was also reflected in the action of some Enron executives who pressurized a brokerage company to take action against a broker who advised some Enron workers to sell their shares. (Wee, â€Å"Corporate Ethics†) Dubious Accounting: It was hardly surprising, therefore, that several Enron resorted to â€Å"innovative† accounting practices to show inflated profits and hiding their losses. Under Andrew Fastow (Enron’s Chief Financial Officer) personal guidance, the company made use of thousands of Special Purpose Entities (SPEs), some of them owned by Fastow himself, to â€Å"park† its troubled assets that were falling in value, so that the balance sheet continued to show growing profits. Conflict of Interest: Despite serious accounting irregularities, no one was prepared to blow the whistle because of conflicts of interest of several key players. Enron’s auditor, Arthur Anderson was also its consultant and stood to gain from ‘seeing no evil’; Kenneth Lay was busy exercising his stock options before the share value fell. J.P. Morgan, while underwriting bonds for Enron, was involved in trading derivatives contracts with the company and had a substantial share in Enron stock. Andrew Fastow was making millions in profits by doing business with the firm through secret limited partnerships. As a result, although the fall of Enron when it filed for bankruptcy in December 2001 seemed stunningly sudden to most people, conditions for the collapse had been brewing for a long time. How to cite The Rise and Fall of Enron, Essay examples