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The case starts off by saying that Jack Wright had received several phone calls after the board meeting. However, none of them were from Sam Bigger. They were from “independent” board members who were in Jack’s corner. To make things worse, Sam had Bill Monday call Jack for him. It seems as if the two are afraid to confront one another. We’ve said in class several times that the two need to have a conversation face to face, not have someone channel the conversation between them. Matthew 18:15-16 says, “If your brother sins against you, go and tell him his fault, between you and him alone. If he listens to you, you have gained your brother. But if he does not listen, take one or two others along with you, that every charge may be established by the evidence of two or three witnesses.” Jack clearly has the witnesses on his side, but continues to beat around the bush. He will never be able to get to the root of the problem until he talks directly with Sam. During Bill’s phone call with Jack, we learn that Sam decided to reduce his chairman’s fee to $100,000 per year. Nobody else knows, but Sally persuaded Sam to do this to send a positive message to the …show more content…
board and shareholders. This is key that Sally is on Jacks’ side, because she is the closest person to Sam. I think this is the first time that Sam actually has made a decision for the shareholder’s best interest! Sam shouldn’t have the power to raise or lower his own fee. That is the Compensation Committee’s job. However, it wouldn’t make a difference because Sam’s son is head of the committee and deferential to his father. Therefore, whatever Sam told Howard, he would do. The committee ended up dropping John’s salary increase from 10% to 5%. I believe that this increase is still too much. Mega has been declining recently, and has no strategic plans for the future. I used to feel sorry for John Rock, like Harry Harmony did in the sixth case.
John seemed like a good guy, who was just stuck at the wrong place at the wrong time as CEO under Sam Bigger. The thought never crossed my mind that he should leave Mega Corporation. However, now I believe that he should step down after Sam. John was not the right hire as CEO, as he has done nothing for the company. We are told that he worked under Jack as he came up with a plan for the company. John should not be working for a board member; it should be the other way around. We were told earlier in the case that John was not a strong number one person, yet Sam still hired him as CEO. This now makes sense as to why Sam hired John because he knew that he would be able to control John and still maintain power over the
company. Jim Bond, the CFO, wanted to make several changes to the capital structure. He proposed a stock buy-back plan to re-leverage the company, and wanted to change the company’s state of incorporation to Virginia. He also wanted to eliminate all subsidiaries that weren’t financially strong. Sally came from another viewpoint, wanting to diversify Mega’s holdings, which would give them a chance to receive over $175 million tax-free. I recommend that Mega keep all of the subsidiaries for now, with a chance that the poorly performing ones would be sold to another entity for stock. Jack loves that the board is finally starting to have conversation and throw different ideas around. However, he is curious about the pros and cons of the proposed changes. Jim needs to do a better job of explaining his plan, because not everyone on the board understands what he is saying. For example, instead of suggesting that Mega should move its incorporation to Virginia instead of Delaware; explain why Virginia was the better choice. The board might come to a different conclusion. It’s better to get everyone’s opinion before forcing a decision amongst everyone, like Sam had done for so many years.
State the title of the article, the name of the publication in which it appeared and the date of publication.
The conviction of guilty offenders when adhering to the guidelines of the NSW criminal trial process is not difficult based on the presumption of innocence. However, due to features of the criminal trial process, established by the adversarial system of trial, cases can often involve copious amounts of time and money, particularly evident in the case of R vs Rogerson and McNamara where factors such as time and money are demonstrated to be in excess. In addition, characteristics of the adversarial system such as plea bargaining has the power to hinder convictions due to the accused having the authority to hire experienced and expensive lawyers to argue their case, hence maintaining their innocence.
In Tim Seibles' poem, The Case, he reviews the problematic situations of how white people are naturally born with an unfair privilege. Throughout the poem, he goes into detail about how colored people become uncomfortable when they realize that their skin color is different. Not only does it affect them in an everyday aspect, but also in emotional ways as well. He starts off with stating how white people are beautiful and continues on with how people enjoy their presence. Then he transitions into how people of color actually feel when they encounter a white person. After, he ends with the accusation of the white people in today's world that are still racist and hateful towards people of color.
John smith, the accused, stood up in the courtroom and started yelling at the judge about what he thought of his innocence irrespective of the decision that the judge would make. He also cursed the prosecutor and kept quiet when his lawyer warned him of the negative consequences that would follow if he continued with the same behavior. Smith did not answer any question that the judge asked him. The prosecutor indicated that he had observed similar behavior when he interviewed him, in jail.
Social Work is the study of people and how they interact with the systems in their environment and other people. Social Workers use theories, sets of ideas or concepts, of human behavior and apply them within their professional social work ethics to the problems facing clients in order to help them gain balance in the systems in their lives. Theories help to organize knowledge enabling social workers to help make sense of problems. There are many different theories. They have been grouped into broad categories called theoretical lenses (Rogers, A. 2013).
Conversely, we see Jim Taylor, a CEO, with obvious wealth, power and control (Smith, director, 2015). Jim’s position as CEO is understandably extremely stressful, but he is empowered to make decisions and has control and access to a substantial amount of resources. Like Corey, Jim also has high demands, however Jim has high control, which makes all the difference (Smith, director,
This report is on a movie called, “12 Angry Men.” The movie is about 12 men that are the jury for a case where a young man is being accused of killing his father. A major conflict that is very obvious is the disagreement on whether the young boy was guilty or innocent. After court when all of the men sat down to begin their discussion Courtney B. Vance (#1) Took charge and respectfully was now the leader. He asked what everyone’s votes were and all of the men except for Jack Lemmon (#8) voted the young man was guilty. Because Jack was the odd one that chose differently than the rest of the men, all of the other Jures, were defensive about the evidence just because they were all so confused. Courtney B. Vance took charge once again and calmly stated that everyone has their rights and lets have everyone explain the reasons why they thing the child is guilty or not guilty. Ossie Davis (#2) explained why he voted guilty. While explaining this he was very calm and wise. HE handled conflicts in the same way. Next was George C. Schott (#3) He also voted guilty. George was very st...
My next claim is in regards to the “old man” juror. If it were not for him voting not guilty the second time, the boy would have been found guilty. He said the reason he voted that way was because of that one juror standing up to the other 11 jurors. He felt that everyone needed to hear all of the arguments because they were dealing with a man’s life. Thanks to that man, the boy was saved.
Jack was the problem that’s the real answer to all of this if it wasn't for Jack’s behavior and action just maybe there would be no
A party may be deemed to have expended considerable time or money in the circumstance, even if it does not state a precise length of time or dollar value to develop the information. Strata, 740 N.E.2d at 1177; Learning Curve, 342 F.3d at 729 (implicating that “several months and several thousand dollars” of investment could be considerable). In Strata, the plaintiff alleged that its compiled customer list and other confidential information took considerable time and expense without proving the precise dollar amount and length of time expended to create the information. Strata, 740 N.E.2d at 1166. The Strata court stated that plaintiff’s assertion that it took considerable time and expense to compile the customer list could be a valid claim
The end of this case is very interesting. A secret meeting, and a board decision that was against who I actually thought they would end up getting rid of. Getting rid of Tim doesn't really solve the problem, as a matter of fact I think it weakens the company. Malcolm's strong point is not running the everyday company, and that what Tim was fairly good at. Malcolm creating this new operating plan is going to be a strain on him, and possibly will not solve any of the problems currently facing the company, and more then likely he'll find himself out of a job, much like his friend Tim. But his greatest mistake probably is not bailing with Tim. Sometimes things simply do not work out, and it's time to move on to greener pastures. In this case, Malcolm worked well with Tim, because there was a level of trust, there was a level of dedication. Without Tim, I don't think Malcolm can drive the company out of it's current bad stretch. The operating plan is going to have to be a massive swing in direction, with many changes to the current structure of operating divisions, current sales departments, and integration of all acquisitions over time. Of course developing such a document is no easy task; lets see if I can piece together something, as well as point out some misstep's that the company made.
Erik Peterson faced a number of challenging situations with Jeff Hardy, a high level employee with CelluComm, the parent company of GMCT. At first we see an awkward relationship with Jeff Hardy whom Peterson had been assigned to work under by Ric Jenkins, partly due to the lack of concrete relationship guidelines between the two (Sami, 2013). Hardy had very little operational experience, and Peterson felt that he was unable to receive constructive guidance from Hardy. As a subordinate to Hardy, Peterson should have instead attempted to resolve this problem early on as it was a critical relationship within the GMCT Company. Consulting Hardy by letting him know of his concerns would have been a more efficient and respectful manner in handling the situation. This relationship building would also have been integral in facing the Peterson-Hardy communication issues with respect to the local municipalities and fire department. Operant Learning Theory (Johns & Saks, 2014, p.54) suggests that as a result of this negative consequence Peterson should be able to improve his interpersonal skills specifically with superiors within the organization moving forward. As a subordinate to Hardy, Peterson should have instead attempted to resolve this problem early on as it was a critical relationship within the GMCT Company.
This is actually an example of mixed corporate governance. There are independent board members in order to make sure that the operational and financial health of the company can gauged accurately from time to time. Peter Langerman did an in depth enquiry into the financial matters just because Dunlap had offered to resign in response to a trivial question. The board should have kept a watch on the firm’s financial health from the beginning. But after realising the gravity of situation, board was prompt and unanimous in firing Albert Dunlap which shows good corporate governance.
The jurors had several conflicts in disagreeing with each other and it didn't help that they would shout over one another. The very first conflict is when juror 8 voted not guilty against the 11 guilty votes. The other 11 jurors don't seem to want to hear this man out; they don't want to hear why he has voted not guilty. Some of these men, jurors 3 and 7, just want to get this case over with so they can get on with their lives. They don't think it is imperative enough to look over the evidence and put themselves in the place of the defendant. They get upset with this man and try to get him to vote guilty.
In 2014, JB Hi-Fi announced the retirement of their CEO Terry Smart. He had been with the company for more than 14 years. In an interview with Smart Company, Smart explained the process for hiring his successor. Smart (2014) stated that succession planning is not something that can be done overnight, it’s a long-term process and it’s part of the board’s role. When JB Hi-Fi promoted Richard Murray to CEO it was because of his extensive experience, knowledge, skills and contribution to the organisation over 11 years (Keating 2014). This example of JB Hi-Fi’s succession planning not only demonstrates their diligence in following their charter but also the emphasis placed on laying the right