business world ability communicate quickly concisely important. Memorandum to myself: Ethics Conventional business wisdom suggests that the sole responsibility of a for-profit firm is to make a profit. Some consider it unethical focus on anything else, given that shareholders buy stock in the corporation with the expectation of receiving a return on their investments, not funding the pet social causes of the board of directors. In fact, some might say that

Instead, the idea is to use the 360 as another tool, specifically to understand the manner in which different functions are perceived -- in all directions, horizontal and vertical. It is more likely that an effective approach to the instigation of 360 would be 3-4 measurements: (1) Not Effective, ( 2) Marginally Effective, (3) Effective, and (4) Very Effective. This would allow the tool to be an open dialog

Jack Carlisle In the business world, and particularly in the context of big companies, change is often at the order of the day. The problem is, however, that change also incurs a large amount of uncertainty and conflict, not only among employees, but also between employees and their superiors. This could severely affect the way in which business is conducted, and has the potential to harm rather than promote effective business

Oprah Winfrey In a business world characterized by perpetual competition, business rivalry and other challenges, Oprah Winfrey has managed to build a business empire with various interests in the entertainment industry. In the process she has also managed to amass a sizable fortune. Though Oprah's success as an entrepreneur is hardly unique given the number of entrepreneurs who have over time scaled corporate heights, she continues to be seen as one

Fair Business Practices The modern business world demands that managers and companies must be ethically principled. In this case, ethics alludes to moral principles coupled by the behavior of a just live or business. In business, moral principles stem from logic. Therefore, a logical manager reasons morally and abides to the reasoning in order to protect the business. The following are the top three ethical principles one would need to

This allows for greater levels of planning and cooperation, and fills in the information gap that currently exists between the factory floor and the rest of the supply chain. Lexmark provides an example of waste. Recently, the company found itself with more than $1 million in scrap from one lot. Engineers had insufficient information to isolate and fix the problem, so were instead relegated to crisis control. With more accurate