Family Business By Ernesto Poza - 1369 Words

Family businesses, also known as family-owned or family-controlled firms, are omnipresent. How influential are they? They make up an enormous part of the economy in the United States, which include around 70% of incorporated businesses and account for 49% of US GDP, thus Family businesses are a primary engine of economic growth and vitality. As a summary based on understanding of the contents learned from class, family businesses basically obtain several features, which are competitive advantages, a central family â€Å"dream† or values and mission, heritage continuity or longevity, strategically management, emotion-based family unity. The book I read is Family business authored by Ernesto Poza. It is a comprehensive book on various statistics, research, theory and real-life cases. The book is separated and organized into three parts. In Part 1, the author indicates the significance of family business from the economics point of view by listing tons of statistics, defining the uniqueness and pointing out the advantages and challenges of a family business. In Part 2, the author highlights the importance of performance and capability of next generation on leadership imperative and business continuity building. He also explains the CEO as the architect of governance in the strategic planning process that leads to succession. In Part 3, the author emphasizes the best practices for managing family business with a range from creating the strategy, planning the estate to define theShow MoreRelatedGerry Conway - American Entrepreneur1626 Words   |  7 Pagessmall firms, Conway decided to found his own company, Gerald A. Conway amp; Associates, being display-printing broker. One day, a colleague suggested that he sell the plastic parts that retailers used to display signs as part of his printing broker business. The advantage of selling accessories was that he could sell the same product to many companies simultaneously, which was not possible in display printing, for which each printing job was customized. An early product idea was the Arrowhead fastenerRead MoreFbm Tutorial1516 Words   |  7 PagesDIPLOMA IN BUSINESS STUDIES Family Business Management Tutorial 4 (for week beginning 13 May 2013) Managing The Family Business I Discussion Questions 1. Why is the understanding of family conflict important to family-owned businesses? 2. Emily’s family runs a lucrative F amp; B business selling beef noodles. She is about to take over the running of the empire when her father retires later this year. However, she is worried that family conflicts may erode their very successful

The And The Sun By Langston Hughes - 1292 Words

Lorraine Hansberry, the author of Raisin in the Sun, simulates the title of her play from the famous line in the poem â€Å"Harlem† by Langston Hughes, in which the poet asks, â€Å"What happens to a dream deferred?† A dream deferred is a vision that someone has, but due to certain circumstances, their fantasy life is either ignored or put on hold. For the Younger family, their dream of living as an ordinary middle-class black family and being accepted by the whites was deferred at one point. At the time the story took place, the blacks in the Chicago area still faced racism just like the south. The dream of the Younger family was very essential to each of them. They were willing to do literally anything to make their dreams come true. A Raisin in†¦show more content†¦The family was devastated because they knew their dreams of living a better lifestyle would not come true. After contemplating for a few days, the family still decides to go through with their pla ns of moving to the new home despite of loss of the money. Lena Younger played the role as the chief of the Younger family. Lena was a loving wife and affectionate mother. She was very religious hard-working woman who only wanted the best for her children. Throughout the play, Lena would continuously struggle to relate to her children. Lena would become disappointed with her children’s ways of thinking, but because she was their mother she had no choice but to love them unconditionally and understand their feelings. Lena’s dream for the Younger family was for the family to move up in the world. She wanted her family to no longer live the life of a low-class family. For many years Lena and her family struggled living in a very small house, but with the money she received from her husband’s death, she knew she had to do something special for her family. To show her appreciation, Lena put her dream in effect and used some of the money to buy a house located in a wh ite neighborhood. Walter Lee Younger was the biggest visionary out of the Younger family. Working as a chauffeur for a white man, Walter was becoming displeased with

Prostitution The Uncontrolalble Vise Essay Example For Students

Prostitution: The Uncontrolalble Vise Essay There are women who search for love, and there are those that search for money. Today, the term woman simply denotes ones sex. It does not define her character, morals and values, or even her profession. However, this was not always the case. At the end of the nineteenth century and beginning of the twentieth century, during the Progressive Era, there was a drive for reform. Various social problems became targets for investigation and intervention: child labour, juvenile delinquency, corruption in city government and police departments, and prostitution. These things were newly discovered social problems; the only differences during this period were the new assumptions, strategies, and expectations of a broad organization of activists. Progressive reform actively decided to take more of a role in regulating the social welfare of its citizens, and those private and public spheres of activity could not be disentangled. Prostitution was an issue that underscored the relationship between home life and street life, wages of sin and low wages of women workers, double sexual standards and transmission of venereal disease. The late nineteenth century response to prostitution revealed the competing ideologies within Progressive reform activity over social justice and social control. Most attempts to deal with prostitution have consisted almost exclusively of more or less vigorous attempts to suppress it altogether by forcing the closing of brothels, and by increased police activities against individual prostitutes and against those individual places, such as taverns, where prostitutes frequently solicit. This paper seeks to prove that the reformers were unable to stamp out prostitution during the end of the nineteenth century and the beginning of the twentieth century for a variety of factors. First, I will look at why women in the late nineteenth, and early twentieth century became prostitutes. The gender differences between sex roles will be analyzed in relation to prostitution. Finally, the various failed attempts to abolish prostitution will be discussed. Legally prostitution is often defined as the hiring out of the body for sexual intercourse. Some say that the exchange of money does not need to take place. Albert Ellis, one well-known sexologist and author would define prostitution as, A woman or a man engaging in sexual relations for non-sexual and non-amotive considerations. This definition would therefore include girls who trade their sexual favors for food, entertainment or other gifts. Each individual may have different views as to what a prostitute is or how they feel about them. During the late nineteenth century and early twentieth century reformers, for example, wanted to eradicate prostitution. It was looked at as the cause of all evil and poverty, among other things. But, it was over the place, girls supplying their bodies for the males high compulsion to satisfy their sexual desires. Canadas industrial development equipped many women with outlet for their skills and energies in addition to the home and other work places. With all the improvements in transportation and communications, growth of the cities is the availability of new consumer goods provided in an age of national growth. However, with all of this came economic and social tensions. Most Canadians were concerned with the presence of certain ethnic groups, poverty in the cities and an increasing crime rate. With this new found awareness of social problems, came the belief that by identifying and classifying problems the nature of the world could be reformed to insure a moral, civilized society. There are many reasons why one would choose upon a career of prostitution. They range from quick money to language barriers (most girls were foreign born or their parents were foreign born), from curiosity to alcoholism. Most prostitutes are believed to have started at a young age and despite much talk about white slavery, no cases were ever found of a women unwillingly detained in a brothel. Up until about mid way through the twentieth century a large percentage of all the women engaged in prostitution were professional prostitutes, registered or widely known to be such, and often working in brothels. A the 1916s Unemployment Commission had observed, working girls seemed to be unable to stick out jobs for more than a few months, and many were so frivolous and irresponsible that they were justifiably dismissed. Frustrated .

Team Building and Team Development

Table of Contents Introduction First and Second Stage Norm Stage Justification of the Opinion Expectations Conclusions Introduction The stages of team development are formation state, storming, normalizing, performing and transforming stages. Each of these stages has a special challenge especially for a group of people who are struggling to function as a unit. Some unique or special features/actions particularly from the individual entities strengthen the cohesive forces that ought to guide team members towards a team mission.Advertising We will write a custom essay sample on Team Building and Team Development specifically for you for only $16.05 $11/page Learn More First and Second Stage According to Guttman (2008), the first stage of formation involves coming together to form a group that has a shared vision or mission. The group aims at mainly accomplishing a certain purpose. The second stage of storming emerges because the team members get to kn ow each other, but may have some conflicting views that can stain the relationship. For instance, they may fail to agree on the procedures to follow towards attaining the set goals or disagree against the set vision /mission of a firm. The case sample of members of a medical facility has passed these two stages. Norm Stage The norm stage is progressive since members are able to share ideas and form working relationships that cater for the team’s objectives and progress. The current team has harmonized its prior strained or competitive relationships. It is thus able to work harmoniously towards development goals. However, some cohesiveness of the team still lacks some collaboration, thus the reason it is still in the norm stage. The team has to attain the next stage of the development life cycle, which is the performing stage. The team lacks strong collaboration and team unity thus affecting harmonization. Lack of synchronization in the team is thus the reason why members or team leaders fails to bring out a successful functioning team. Justification of the Opinion A new colleague joining the team at this stage must expect to meet members who can either cause team conflicts or enforce work harmony. The members may also feel secure and express their opinions freely due to existing spirit of responsiveness, kindness and affirmation. Openness and members cooperation also promotes members’ listening skill. By listening to one another, they are able to understand the importance of maintaining an effective form of communication. They have various measures of enhancing communication as an effective tool of combating conflicts or disagreements. Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The working techniques and strategies are well established. The reason for easy establishment is due to collaboration and as a result, members are in a position to choose a leader amongst them and establish the role of each affiliate. However, effective performance often fails to take place due to lack of enough trust or honesty among members. The team is thus not yet reasonable, since there are no evident justifiable procedures to quantify the team. Expectations In line with Boone and Kurtz (2010), a real team in the performing stage is very effective and productive. The members act honestly with each other, thus strengthening their interaction and ability to have synchronized objectives for success. The members of this team at a medical facility also lack confidence and members may fail to believe that the group is strong enough for anticipated success. Member’s collaboration still fails to trigger personal impressions that their team is the best and the most successful experience. At the initial stages of development, a team is expected to engage members to pursue goals or projects. Conclusions The new member should also understand that h is/her presence might cause either progression to the next stage or regression to previous stage. The progress therefore depends on experience and skills of the team members. At this stage, the team cannot analyze their current performance level and have a basis for future projections. The team always disbands after accomplishing goals, but it is a difficult process due to the already formed strong links between members. Perhaps one question that can assist in analysis of the stage would be how fast or easy the team can break up. This essay on Team Building and Team Development was written and submitted by user Karissa A. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.