Modern business practices suggest that GE should separate all of its product lines into many small businesses. Welch refused to do so. Even while hospitalized, he remained adamant that he did not want GE’s diverse portfolio broken up. In the end, GE was successful partly due to Welch’s defiance of the status quo. Welch’s initiatives […]
Category: business
Companies looking to gain space in markets oversees need to be aware of local laws and regulations that are applicable to their industry. Companies that operate in China are subject to local laws and need to pay close attention to anti-bribery laws. GlaxoSmithKline is a multinational drug company that employs 100,000 people around the world […]
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BOGSAT Phenomenon
A “bunch of guys sitting around and talking”. This is not just a common occurrence in everyday life; this is an important business phenomenon. It is not enough for leaders to act as cogs in a machine; they need to perform a valuable, useful service that benefits the organization as a whole. Reed, the director […]
The pharmacy field is constantly changing and is a career that is currently in high demand. More pharmacy schools are being built and hold the responsibility of training the pharmacists of the future. Due to accreditation standards set by the Accreditation Council for Pharmacy Education (ACPE), programs are expected to have their students complete Introductory […]
Good leadership starts at the hiring process. Organizations need employees that independently lead but also follow their managers. In order for managers to hire leader-worthy employees, the hiring process should be reexamined, modified, and improved (O’Connor, 2013). O’Connor (2013) says that “process change comes from the bottom-up, but culture change moves from the top-down” (p. […]
“I would prefer to spend time discussing briefly our greatest need in hospital pharmacy – leadership” (Francke, 1955). The need to discuss pharmacy leadership is still relevant today. There is a great lack of leadership that still exists in the pharmacy profession. Leadership comprises capacity, goals, and efficacy. Hospital organizations are unique because they are […]
During the 2017 transition of political power in America, there were many unanswered questions surrounding the future climate of technology, businesses, and jobs. IBM, a company that has been around for 105 years, has seen many periods of change and uncertainty. Education, IT infrastructure, and healthcare are important passions of IBM. There is no other […]
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Robot Takeover
In the technology circuit, there have been debates and concerning discussions on the implications of robots, or artificial intelligence, gaining abilities and power. Concerns of ethics, privacy, and job availability have stemmed from the increasing abilities of these technologies. IBM CEO Ginni Rometty is convinced that Watson and other cognitive computing platforms will not lead […]
The capabilities of IBM’s cognitive system platform, Watson, is endless. IBM is working on developing it as a service that it can sell. It runs on an Application Programming Interface (API) housed in the IBM Public Cloud where users can manipulate the code via system tools (Chafkin, 2016a). Artificial intelligence is just one of the […]
International Business Machines (IBM), also known as “Big Blue”, is a technology company that has been around for a long time and has survived numerous changes in technological trends and advancements. The current CEO, Ginni Rometty, was in the spotlight at the turn of the first quarter of the 21st century. As the first woman […]
Goleman states that there are three kinds of performance-based classifications in a team setting: poorly performing, well performing, and superlative teams. The poorly performing team is limited by its individual average. The well performing team performs above average. But a superlative team performs better than the best member of the team. Superlative teams work synergistically. […]
The “Emotional Intelligence of Leaders”, a piece by Daniel Goleman, explores the association between emotional intelligence and a leader’s ability to effectively manage their organization. Goleman acknowledges that both intelligence and credentials are essential to business management and leadership, but one cannot overlook the importance of empathy and emotions. These latter aspects are needed because […]