Friday, February 21, 2020

Global Executive attributes Essay Example | Topics and Well Written Essays - 750 words

Global Executive attributes - Essay Example He has risen to the top position by hard work. He has been successful as he has a clear vision of what it takes to make a company profitable. He is tough, a task master but at the same time he is quiet and warm. He has in him all the attributes of a global executive. Several attributes contribute to outstanding leadership of a global company. According to Chenault adaptability is one of the traits required to succeed in a rapidly changing environment of a global marketplace. In one of his lectures Chenault (2005) said â€Å"its not the strongest or the most intelligent who survive, but those most adaptive to change. Over the past 10 years, the need for, and focus on, adaptability has accelerated." He further added that it is absolutely necessary to understand different cultures and to have the ability to act quickly in changing circumstances. Apart from these attributes, it is absolutely essential that a global executive or leader acquire the following competencies and skills: foresight, communicativeness, a willingness to encourage colleagues and build effective teams, trustworthiness, dynamism, confidence, leadership qualities, toughness and courage. In addition, a global executive should be humble, modest and must be able to motivate a diverse team. Most importantly he must be able to change himself and also bring about a change in accordance with a given situation. It is needless to say that Chenault has most, if not all, of the attributes that are associated with a global executive. He has served his organization in a wide variety of positions, ranging from director of strategic planning in the Merchandise Services division to president of the Consumer Card division. He has been instrumental in building and restructuring the companys card business. He took on the challenge of streamlining divisions which were not doing well. He integrated four divisions into one business unit, to make the unit

Wednesday, February 5, 2020

Production Scheduling and Control Essay Example | Topics and Well Written Essays - 500 words

Production Scheduling and Control - Essay Example A simulation is a made-up world run by a user (student) within the conditions and parameters set by the programmer (instructor) (Saskatoon Public Schools). It is designed to allow students to think critically and practice their decision making skills with very minimal risks involved. The simulation offered an insight on the benefits that batching could do for a business, particularly a restaurant business like Benihana. Batching or letting clients in by groups or â€Å"batches† (Shim & Siegel, 1999) is greatly effective during the peak hours. This is so because restaurant space is maximized by having clients stay at the bar and wait to be seated until there are enough to be seated on a free table. Because of this practice, all the seats for a particular table are used and no excess space is wasted. When this happens, costs for running two to three separate tables are reduced because one table would be enough for two to three small groups of diners. In addition, clients would not wait too long, lessening the chances of them walking out of the restaurant. All these would eventually translate to higher throughput, or sales per hour (Meredith & Shafer, 2007). On the â€Å"human† side of the experience, clients get to meet new people as they may be seated with diners whom they do not know at all. Still, computer based simulation, particularly the Benihana simulation system, is a great way t o practice one’s theoretical learnings in operations management.