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Management is the pursuit of achieving organizational goals and ideals with the work of people with similar ideals. Using this combined effort to plan, organize, lead and use the organizations resources to achieve their goals. Management is also the process of assessing and hiring new employees, while also making sure to keep all the employees in tip top shape. With selective training sessions and motivational tools, management can help the employees to be the best employee they can be. They are also in charge of keeping important records on all the resources the company uses, such as how much stock they buy that year, or the deprecation on the machines or building; and then plan next years goals around what they find. While also being a large part of human resources department that helps employees if they have a problem or need to talk to someone.
Martha Stewart’s style of hiring employees is very similar to micromanaging; like most job offerings employees must go through various levels before being hired such as; application, interview online or phone, in person interview, and sometimes even a walkthrough or test to gauge what the applicant knows about the position they are applying for. While with Stewarts Company there is a more in depth procedure. The applications are looked at more carefully to be able to sift out the best applicants, then the applications are sent to higher management who looks through the application again and sees again if the applicants see fit. Then the applicants are contacted and given an interview, sometimes online for convenience or other the phone; then applicants who seem strong are asked to come in for a personal interview. At the personal interview they go over more in depth the applicant’s app...
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Works Cited
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Everywhere you look, there she is. Martha Stewart has invaded every avenue of domesticity. Her "radiant presence... seems to be infinite, like that of the Almighty, or of Starbucks" (Lippert & Ferguson: 26*) The outposts of her "omnimedia empire" are quite fortified (Africannet page). Reigning over a vast technical spectrum, her multi-million, multi-media kingdom includes a magazine with a circulation of 1.2 million, a syndicated column, and a TV show with audience of 5.3 million, but she does not have an official web site (Lippert & Ferguson: 26). There are numerous webpages that fans and foes have dedicated to her.
Managers have a multitude of formal responsibilities and are accountable for the actions of their employees. Managers must lead and direct an organization through manipulation and deployment of an organization?s resources. People in a management position are expected to carry out specific functions, jobs, and responsibilities; they must influence people, manipulate the environment, money, and time to achieve
Management is the ability to get a job done using appropriate processes, models and systems to achieve an objective. Managers think radically, abide by principles, rules and use experience in their respective fields to make things work. A good manager goes about the ordinary activities such a staffing, organizing, planning (Robert, 2007). The very ability of his/her colleague to discover the uniqueness in each of the subordinates, capitalize on it, harnessing the best out of them to accomplish goals clearly distinguishes such a person as great when compared to others. Great managers develop people and enthusiastically transfer acquired skills to others, work progress is constant and usually by leaps and bounds. In addition, a great manager outlines and strategizes his/her team for project plans such that there is a “buy in” on delivered commitments. In contrast, the former just transfers the required skills to subordinates; work progress is notable, vice versa of the latter. Rupert Murdoch of the News Corporation is ...
It is also something in which leaders provide strategies to achieve particular vision, goal or an objectives. Whereas on other hand management is something which includes certain factors like making rules, time table and proper plans to execute work accordingly; considering three important factors and also by balancing it. And they are also one who is responsible to create long vision and objectives accordingly; and also make proper schedules to achieve their long term visions and
Managers are responsible for setting goal and objectives for their staff .And the setting objectives managers must work with team .Managers ensure that the team objectives are met when the objective individual and specific to team .They can easily focus their target, improving and increasing customer satisfaction.
-Management is responsible for organizing the elements of productive enterprise which are material, money, and people interested in economic.
Martha Stewart, the countries top icon for homemaking has been in the eye of the public since June 2002, but not for her craftiness or culinary abilities. Stewart instead has the spotlight on her for crimes of insider trading. A tip from her former broker Peter E. Bacanovic, persuaded her into selling her IMClone stock after sharing information about a close friend of Stewart’s getting rid of his shares. Stewart’s companion, Sam Waksal, was also the chief executive of IMClone Systems Inc. IMClone Systems is a well-known company specializing in the research and development of therapies treatments of cancer. The stock selling was provoked due to a leak of information about The Food & Drug Administration rejecting IMCLONE’s drug outfit application their cancer drug Erbitux. Before the information reached the public about the FDA’s decision and share price plunged, Stewart sold her 3,928 shares of IMClone. Martha sold her shares at $58, and by the time the news hit, prices fell to $45, resulting in a savings of only 50,000 for the celebrity. But the whole situation of the Martha Stewart case is not a question of insider trading but a question of ethics and management in business: it’s an issue of ethics and the choices people have between right and wrong and the determining factors that cause us to make those choices. While researching this subject I have found many interesting topics. One topic I found very interesting was the fact that a highly qualified executive of Merrill lynch, one of the top brokerage firms in the world, was Martha Stewart’s financial advisor. Another interesting point is that Martha Stewart the mom of home cookery and cuisine, a profession based on honesty and founded on the basis of motherhood would lie about the tips she took to earn an extra buck while already being a multibillionaire. After more research I found that the most important point and the topic of the whole situation was the point that even the most perfect and idolized individuals can be manipulated by money or even the thought of more money in the case of Martha Stewart.
The purpose of this case report is to identify the legal and ethical issues in the Martha Stewart case study. I will discuss these issues, compare Ms. Stewart’s actions against the ethical theories, draw conclusions to the lessons learned, and make recommendations to limit future outcomes.
Many Americans are beginning to wonder who will run as the democratic candidate in the next president of the United States. Since the 2008 election, one particular name has been the topic of conversation around most media outlets and households across the county. With over one million supporters who believe in her abilities to lead, Hillary Clinton possesses the qualities that meet the leadership criteria that would help her to become the leader of the free world.
Oprah Gail Winfrey was born on January 29, 1954, in Kosciusko, Mississippi. As a child, Oprah spent her early childhood with her grandmother, Hattie Mae Lee while Oprah’s mom, Venita moved to Milwaukee, Wisconsin. Venita wanted to become more stable and would eventually come for Oprah. While Oprah lived with her grandmother, Oprah flourished she learned how to read and write at the age of 3. By the time she started kindergarten at the age of 5, Oprah was moved to the first grade. Unfortunately, at the age of 6, Oprah’s grandmother Hattie Mae Lee became very ill. Oprah moved to Milwaukee, WI to live with her mom. They were very poor and lived on welfare. Not having enough time to give to her children, Oprah’s mom sent her to live with her dad, Vernon Winfrey, in Nashville, Tennessee.
Martha Stewart has risen to national prominence as the ultimate host, media star and designer. She crafted a unique brand and built it into a multibillion-dollar business empire. She was charged, convicted and served prison time for insider trading, becoming one of the most famous felons of her generation. Stewart then rebuilt her prominent status after this fall from grace and retained her leadership role in the public company she founded. Her resilience has been an inspiration to millions of adoring fans across all demographics. Stewart did not just break the glass ceiling, she shattered it. Evolving from model to culinary superstar, to publishing mogul, she has redefined what is possible for women to achieve. She has done it all and true to her brand, she has made it look easy and effortless along the way.
For everyone in the business world, Mark Zuckerberg is not a very oblivious name to them. He is a young successful businessman and that is undeniable. However, Mark is also a very successful leader in his own company as well as to the world. His impact from creating Facebook is more than just impressive. Mark created the social media website where people get connected virtually and lead the company incredibly successful. Mark’s leadership style can be seen with inspirational motivation, intellectual stimulation and idealized influence. With all those components above, Mark Zuckerberg is a great example of transformational leadership.
Over the past hundred years management has continuously been evolving. There have been a wide range of approaches in how to deal with management or better yet how to improve management functions in our ever changing environment. From as early as 1100 B.C managers have been struggling with the same issues and problems that manager’s face today. Modern managers use many of the practices, principles, and techniques developed from earlier concepts and experiences.
function, managers need to analyse how activities and resources are to be grouped and carry out plans successfully (Bartol 2007). A manager have to understand their ability to manage the lower level employee which is the most valuable of the company as they are the key of output and implement in the planning. Then manager will coordinate the jobs between authority and responsibility that is to define the role position of them (MSG 2012).
Management is vital for any organisations regardless of the size and the types of the organisations. In general, management is defined as “the application of planning, organizing, staffing, directing, and controlling functions in the most efficient manner possible to accomplish meaningful organizational objectives.” (John M. Ivancevish and Thomas N. Duening, 2007)