Eric Schmidt Leadership Qualities Analysis

Eric Schmidt Leadership Qualities Analysis 1. Introduction: In this assignment, I am going to analyze the leadership style of Eric Emerson Schmidt which one was the CEO of the famous internet company Google comprehensively. Over the period of 2001 to 2011, Eric Schmidt leaded the Google company to become one of the most variable companies and the most popular companies in the world. The initial Google is just a searching engine website company, Eric Schmidt likes a magician made a miracle in this company that build up as a industry pioneer. The business philosophy of Eric Schmidt: As Harold Koontz said: â€Å"Management is an art of getting things done through and with people in formally organized groups. It is an art of creating an environment in which people can perform and individuals and can cp-operate towards attainment of group goals. † The full title of CEO is chief executive officer, a important responsibility of CEO is to management the whole company in a positive direction. Every large companies have a evident style as same as their CEO, the CEO runs the company in their own personal style. Eric Schmidt used socio-human approach in his organizational process. And this style was not only used in Google company, but also he used in his first company-SUN which is a same internet technological company as Google and it is famous of JAVA. Because Eric thinks both are same type company, he can use similar style to lead the company. The socio-human approach is a opposite way to technical rational approaches, it is more flexible and humanized to treat employees. the Google is not a traditional company, it depends on its power of innovation. In order to let the employee have better innovative thinking, Eric used this solution to make more advantages for the company. In detail, Eric use a mode which is small team managemen t mode. He made each team have different duty in every areas. That mode is more effective than the old school management mode in real business practice. This approach has following favors :Frist one is that it allows the company to have bigger possible to attempt, let the company has newborn things as much as possible, so the change of success will be lager. There are many famous companies dying because lock of innovation such as Yahoo and IBM. Secondly, this approaches can make employees build up their sense of responsibility as the masters of this company, let them not feel working in a big company. And Eric give the decision-making power to the team, in the process of development, the team mates can have their right to change and improve the product, that also is a benefit thing for their customer. As the famous management education master Peter Ferdinand Drucker said â€Å"The man who focuses on contribution and who takes responsibility for results no matter how junior is in th e most literal sense of the phrase, ‘top management’†. This is also Eric’s goal for using this mode. Thirdly, to reduce the cost of internal coordination, they believe that fast is better than slow in the Google company. The small team management mode can develop more products in shorter time because the team can use their decision-making power to make quick decision, to the failure of adjustment will be repaired easily and quickly. Comparing with other IT companies like Microsoft. When the Microsoft company developed the new windows system, there was a large group members which is several hundreds people to join this subject, it lead to take over years and progress slowly. This is a major point of the Google company can exceed the Microsoft company. The small working team can improve effectively and it is better than the large working group in this specific industry. A good idea will not become effective unless the action commitments have been built into t he decision from the begining. This kind of organization structure is organismic and duo to the Google is a information technology company, duo to that situation, Eric thinks it can help company have better advantage in IT industry environment. The faster update is Google’s powerful weapon to win their competition. The leadership of Eric Schmidt: The definition of leadership is ‘Leadership is the process of influencing the activities of an organized group in its efforts toward goal setting and goal achievement ‘(Stogdill. 1950). The effect of leadership is that make strong motivated to the staffs, let staffs work in unity and achieve goals. According to trait theories of leadership, the leadership is relate to leader’s personality, In Stogdill’s five traits Model: Intelligence, Dominance, Self-confidence, High level of energy, and Task-relevant knowledge. Based on Eric Schmidt’s career , cover news and public speech, Eric at least has intelligence, dominance, and Task-relevant knowledge, these three models can find obvious evidences from his business career. It also can mean Eric has agreeableness, conscientiousness, and openness to experience. Firstly, it is clear to see his self-confidence because he believe his employees, he can give the right of decision-making to every teams. Secondly, his openness to experience is also easy to find, during his CEO career in Google these ten years, the Google company developed many newborn product not only in their search function such as Chrome, Android, and so on. Third one is his conscientiousness, as a survey about 313 private company choosing their CEO, there are 215 successes, in these 215 CEO, Almost of them have conscientiousness. That means how conscientiousness important to a successful CEO. Eric Schmidt has been a leader in three big IT company, all of them become famous and successful in their profession area especially these companies have a higher maker value. Eric’s conscientiousness is proved by he having a strong sense of organization, and word hard. He organises the google engineering team in 70:20:10, it means seventy percent group focus on their product in th e area of search function, twenty percent team work on product in other development area like Android, then the least ten percent team works in newborn things like pilotless automobile. Until now the Google still use this structure when they develop product. In the other hand, there has another theory about leadership:Behavioral of theories of leadership. There are two fundamental types of leader behaviours : ‘Initiating structure’ and ‘consideration’. Initiating structure refers to behaviour which focuses on the achievement of objectives and includes clear supervision and role clarification, planning of work and a results orientation. Consideration includes behaviours which encourage collaboration and focus on supportive network, group welfare and the maintenance of job satisfaction. (Brooks, 2009) Eric Schmidt is a consideration structure in this theory. There are some points to prove that. Primarily, Eric give a wonderful and comfortable working environment, this working environment has been first most popular working environment in the world for four years at American Fortune magazine. This is a evident welfare for employees. Secondly, Eric insists to give the power of decision-making to each work team, he is highly trusted to his professional employees, at mean time, the employee get a stronger sense of encourage than a good working environment. Eric get a vehement support from his employees during company developing time virtually. Above two theories of leadership can not explain the leadership style of Eric Schmidt well, in order to give more thoughtful explanation. We appoint the third theory-Situational theories. One of situational theories is Fiedler contingency theory. This model asks the estimate of both the leader’s style and three broad characteristics of the situation:leader-group member relations, task structure, and position power. Primarily, In leader-member relations of Eric and his employees, it easy to prove they are real great, as the organization structure which Eric made, he and his employees have highly trusted with each other. That also can relet to situational leadership theory, his subordinates have enough ability to achieve his requirements, and he do not need to give too much guide to them. Secondly, the task structure is very clear in Google until now, Eric insists his 70:20:10 structure for the engineering development group. Thirdly, the position power of Eric is not very stong, because he give a part power of decision-making to every engineering development teams. Conclusion: All in all, Eric Schmidt is a intelligent, professional, and accommodating leader. As we know that the Google culture is freedom and innovation since two originator of Google Sergey Brin and Larry Page starting the Google company until Eric been invited to be a CEO of this company, this culture never change. Eric’s experience is also perfect for the Google, first advantage is that he has a B. S. degree in electrical engineering at Princeton University and a phd degree in EECS at the university of California, Berkeley. These professional knowledge makes big different with normal CEO for the Google company. Second one is his ideal working experiences, before he came to the Google, the companies that he worked are all IT companies. Effectiveness is a habit, that is a complex of practices. The most significant thing is that he can run these companies very well and make outstanding achievement. Eric Schmidt makes the two originator believe he is the prefect role for The Google CEO. No matter using what theories to analyse the leadership of Eric Schmidt, he has proved that he is a suitable leader for this company during his career of Google CEO. Comparing with the famous Steve Jobs, Eric is not charming and distinctive as Jobs, but his leadership style is more appropriate for the Google Company. References: Koontz H. The management theory jungle[J]. Academy of Management Journal, 1961, 4(3): 174-188. Drucker P F. People and performance: The best of Peter Drucker on management[M]. Routledge, 1995. Stogdill R M. Leadership, membership and organization[J]. Psychological bulletin, 1950, 47(1): 1. lan Brooks (2009). organisational behaviour. 4th ed. Essex: Person Education Limited. p167.

Robert J. Graves, MD and Graves Disease Essay -- Disease, Disorders

Graves’ disease was named after Robert J. Graves, MD, around the 1830’s. It is an autoimmune disease indicated by hyperthyroidism due to circulating autoantibodies, which is an antibody that attacks the person’s own body. The immune system attacks the thyroid gland, which causes it to produce too much thyroxine. Thyroxine is a hormone that helps control growth and also regulates metabolism in the body. While the thyroxine levels are high the patient’s metabolic rate increases, which can have an effect on their physical appearance as well as their frame of mind. Graves’ disease is the number one cause of hyperthyroidism in the U.S. There are many signs and symptoms of Graves’ disease. Symptoms of Graves’ disease include anxiety, irritability, insomnia, tiredness, irregular or accelerated heart rate, and sensitivity to heat. Sign of Graves’ disease are tremors in the hands and fingers, weight loss, brittle hair, goiter, menstrual cycle changes, and more frequent bowel movements. People with Graves’ disease also report having symptoms of Graves’ opthalmopathy, also known as thyroid eye disease. This can include bulging of the eyes, itchy eyes, red eyes, sensitivity to light, and swelling around the eyelids. More severe cases of opthalmopathy include corneal ulcers, double vision, blurred vision, and restricted eye movements. According to a journal published in the Journal of the American Medical Association, â€Å"Smoking greatly increases the risk for Graves’ opthalmopathy. Among patients with Graves’ opthalmopathy, smokers had more severe eye disease than nonsm okers. Smoking also appears to be one of the multiple factors inducing Graves’ disease in genetically predisposed individuals.† One more sign of Graves’ disease, though it is no... ...t it is not known what causes Graves’ disease to occur, the fact that there are so many treatment options is astonishing. Works Cited Christian Nordqvist. â€Å"What Is Graves’ Disease? What Causes Graves’ Disease?† Medical News Today. MediLexicon, Int., 6 Nov. 2009. Web 10 Mar. 2012. http://www.medicalnewstoday.com/articles/170005.php Sai-Ching Jim Yeung, MD, PhD, FACP. â€Å"Graves’ Disease† emedicine.medscape. 30 Sep. 2011. Web 10 Mar. 2012 http://www.emedicine.medscape.com/article/120619-overview#showall Dr. Asha Thomas. â€Å"Treatment of Graves’ Disease† Baltimore Sun. 19 Oct. 2009 10 Mar. 2012. http://www.baltimoresun.com/2009-10-19/news/0910180070_1_graves-disease-underactive-thyroid-thyroid-disease Mark F. Prummel, Wilmar M. Wiersinga. â€Å"Smoking and Risk of Graves’ Disease† The Journal of the American Medical Association. 1993 10 Mar. 2012

VoIP at Butler University

Butler University identified weaknesses in the existing campus communication systems. Chief Information Office (CIO) Scott Kincaid's identified the need to upgrade or replace the Centrex system as Butler student enrollment and administrative data communication needs had outgrown its usefulness. Arguments for the Centrex system were that users found the system reliability to be beneficial. Once employees have a system that meets their current needs, some are reluctant to go embrace the next step to enhancing Job capabilities.The majority of students liked having campus rovided email even though 92% had cell phones. Various problems were associated with the existing system but it was not without failure. For no other reason than advances in technology, the current analog system had become outdated and hard to customize. Moving lines was labor intensive with student and administrative shifts. Changes become labor intensive and difficult to perform because not only is the hardware diffic ult to repair, at a certain point the system will be so antiquated that it won't be compatible with new vendor technology upgrades outside of Butler.A large amount of administrative time was spent reconciling the current billing system each month showing that again unnecessary labor was a hindrance to efficiency. Changes aren't without risk and administrative staff viewed merging data and voice networks was viewed as risky. A major concern was regarding the voice quality of VoIP technology. The IT department also knew that network security risks were a concern addressing other data network risk concerns post 9/1 1 . An efficient and flexible integrated emergency notification system was required to remedy this concern.Campus administration also feared virus attacks that commonly affected data networks. Unified communications is a term used to describe a system that integrates call and data communication applications that are interactive and collaborative with real- time and transacti onal capabilities. Butler hired the Dietrich Lockard Group, a telecommunications-consulting firm, to address the primary issues and needs of the university and to recommend a unified communications solution.To pinpoint the real needs of the university, Dietrich formed an advisory group comprised of dministrative staff from a variety of departments around campus who required a high-level of data usage and accuracy from the system. Those departments were admissions, financial services, student life, facilities management, the libraries, and department faculty. The advisory group and technical staff were taught about VoIP and steps that can be taken to mitigate its risks.The strategic plan involving integrating these five goals: improve student communications, improve handling of callers, leverage new services to assist staff and improve training on these systems, emain competitive with other institutions regarding the level of student services offered, and to provide more immediate ac cess to key Butler personnel. The options presented to Butler were to continue with the existing systems and make no changes. Many people find the system reliable.Another solutions would be to continue upgrading the existing system and equipment. Although expensive, IT staff was familiar with the system and, while difficult, upgrades were possible – at least in the system and integrate and independent VoIP for a few selected offices. This would llow Butler to make a small-scale technology change without compromising the entire communications network. The last and most expensive option is to acquire a new in-house PBX system for unified communications.The concern with this option is if Butler were to invest in a new PBX system would it have a limited life? With Dietrich's guidance, Butler drafted an RFP and put the project out for bid. Vendor selection would be based on the an analysis of the variables effecting choices, the vendor's ability meet the universitys needs as defin ed in the RFP, cost, availability of ocal support once the network was installed, and the vendor's experience with new VoIP and other enterprise systems.A vendor was selected and a very aggressive implementation schedule was initiated. Staff and students found the changeover simple and the pilot program made training fun. The IT department described the changeover as the â€Å"week from hell†. Phone system registration was labor intensive when each needed to be registered manually. Other problems were malfunctioning equipment, the 2,000 additional phone numbers provided by SBC came up missing nd required a 45-day window to fix the problem and food service and the bookstore didn't have Ethernet wiring.The biggest problem was that department safety alarm wiring was not compatible with new VoIP and the old system needed to be recreated to make them work. My concern with the alarm system was based on 1970's technology and should have been updated. I would consider the upgrade to be a wise decision on Butler's choice. Analog systems are antiquated and had they not made the change now, it may have been more costly in the future. Technology ntegration with outside source such as telecommunications companies and software support for financial and accounting systems.Any department that required data sharing and collaboration, mixed media messaging was at an operational risk had the change-over not been implemented. By converging systems for a unified communication solution, Butler had taken the proactive approach. It wasn't without unanticipated costs – a new IT staff position was created, and the unforeseen costs to the department alarm system and Ethernet cabling to food services and the bookstore were substantial. What Butler gained was collaborative applications, improved communications and convenience.Having a different call centers around campus, Butler could now examine call records and identify inefficacies within a specific area. The economy of i mproving these areas will be cost and improved university services. I believe Butler made the correct choice in moving forward with a new system. The only fault I found was in their not revamping the existing alarm system. The problems experienced during the changeover were minimal and solvable without reconstructing the plan. Again, a solid strategic and farsighted plan.

Roy F Harrod essays

Roy F Harrod essays Roy F Harrod lived from 1900-1978. Roy Harrod taught economics, and produced his original contributions to the subject, at Oxford between 1924 and his retirement in 1967. Elected to a Lectureship at Christ Church Oxford in 1922, he then spent a few months at Cambridge with J.M. Keynes, with whom he remained in close touch for the rest of Keynes' life, and whose official biography he published in 1951. Harrod was a founder of the Oxford Economics Research Group along with Hubert Henderson and others. His unique contribution in urging a "dynamic" rather than "static" approach to economic issues was an Oxford contribution. He built upon Keynes theory of income determination, Evsey Domar also worked on independently is the Harrod-Domar model. A full explanation of Harrods model, Harrods first version of the idea was published in an essay in Dynamic Theory. He introduced the concepts of warranted growth, natural growth, and actual growth. His model showed that two kinds of problems could happen with growth rates. There was no necessary reason for actual growth to equal natural growth, and therefore no inherent tendency of the economy to reach full employment. But economists now believe that wage rates are fixed and the economy must use labor and capital in the same proportions. But most economist now believe rates can fall when the labor force increases. The second implied by Harrods model was unstable growth. If companies adjusted investments according to what they expected about future demands, and the anticipated demand was fore coming. This investment however would itself cause growth to rise acquiring even further investment, however itself would cause growth. The result would then be deceleration of growth, this property of Harrods growth model became known as Harrods knife edge. This uncomfortable conclusions was the result of two unrealistic assumptions made by Harrod. Harrods lasting contribution was to get economist thinking abo...

Free Essays on Socio-biographical Sketch Of A Fam Member

Socio-biographical sketch of Alice Culture changes across time and place, thus redefining its values, norms, laws, and dress, among other things, and giving new meaning to society. One’s life chances and choices, however, are shaped not just by the cultural practices of but by his/her position within the society in which he/she lives. For this paper, I analyzed the influence of my grandmother’s class, race, gender, and institutions made available to her in creating her location within society, and therefore her life decisions. The religious institution introduced to my grandmother, Alice, since her birth in 1927 had a tremendous influence on her. She attended a Baptist Church with her mother that had been started by missionaries from Sweden. It was attended mainly by immigrants and first generation Americans of Swedish descent, my grandmother being a first generation Swedish-American. This social fact of her life, as well as the others I will point, reflect C. Wright Mills’ perspective of the â€Å"sociological imagination†, which he defined as the ability to see the societal patterns that influence an individual as well as a group of individuals. To do so, he said, one must have knowledge of the social and historical context in which people lived (Andersen and Taylor, 5). Alice attended this church because her mother believed the teachings of it and wanted her child to be introduced to them as well. Her mother attended this particular church because she had immigrated to Sweden to the U.S. and wanted to worship amongst those who shared this with her. Thus, my grandmother’s ethnicity and religion were large influences on her moral values which she still carries with her. These values, Alice explained, were typical of the Swedish and also were expected of her church’s followers. As I have noticed in my Grandma, as well as her pointing this out in the interview, honesty to and respect for everyone were things that were and ... Free Essays on Socio-biographical Sketch Of A Fam Member Free Essays on Socio-biographical Sketch Of A Fam Member Socio-biographical sketch of Alice Culture changes across time and place, thus redefining its values, norms, laws, and dress, among other things, and giving new meaning to society. One’s life chances and choices, however, are shaped not just by the cultural practices of but by his/her position within the society in which he/she lives. For this paper, I analyzed the influence of my grandmother’s class, race, gender, and institutions made available to her in creating her location within society, and therefore her life decisions. The religious institution introduced to my grandmother, Alice, since her birth in 1927 had a tremendous influence on her. She attended a Baptist Church with her mother that had been started by missionaries from Sweden. It was attended mainly by immigrants and first generation Americans of Swedish descent, my grandmother being a first generation Swedish-American. This social fact of her life, as well as the others I will point, reflect C. Wright Mills’ perspective of the â€Å"sociological imagination†, which he defined as the ability to see the societal patterns that influence an individual as well as a group of individuals. To do so, he said, one must have knowledge of the social and historical context in which people lived (Andersen and Taylor, 5). Alice attended this church because her mother believed the teachings of it and wanted her child to be introduced to them as well. Her mother attended this particular church because she had immigrated to Sweden to the U.S. and wanted to worship amongst those who shared this with her. Thus, my grandmother’s ethnicity and religion were large influences on her moral values which she still carries with her. These values, Alice explained, were typical of the Swedish and also were expected of her church’s followers. As I have noticed in my Grandma, as well as her pointing this out in the interview, honesty to and respect for everyone were things that were and ...

Financial and Strategic Management Essay Example | Topics and Well Written Essays - 500 words

Financial and Strategic Management - Essay Example Firms that are highly leveraged may not continue to pursue debt financing because they are already paying a lot of interest. One of the cons of debt financing is the payment of interest. A positive aspect of debt financing is that the firm does not relinquish any control (Richards, 2011). The use of equity financing can be used to raise money fast. One of the advantages of equity financing is that firm is not obligated to pay back the principal and there are no interests costs associated with the acquisition of money through equity financing. A con of the strategy is that the common stocks sold in the open market by public corporations have voting rights which dilutes the power of ownership. There is no single formula to determine the appropriate mix for a particular project. The mix that will be used by a company will depend on a variety of internal and external factors. For instance when the interest rates in the market are low companies are going to be more persuaded to increase t he use of debt to finance projects. 2) Identify 3-5 sources of funding for projects. You may include budget allocations directly from governments or private sources of finance. What are their relative advantages and disadvantages? There are many sources that can be used to finance a project. Five of those sources are common stocks, preferred stocks, bonds, governmental incentives, and retained earnings.

The international economic scenario Research Paper

The international economic scenario - Research Paper Example The accounting requirement for businesses has also changed due to this change. Demands of stakeholders have changed when it comes to information. This is because stakeholders are also becoming global. Single investors holds portfolio of investments in many different regions of the world. Similarly companies invest in many different nations, thus the demand for accounting regulations has totally changed since the last few years. International Economy Online stock exchanges provide excess to capital to organizations from different areas of the world. A very good example would be NASDAQ allowing American firms to raise capital from as far away as Brunei. Another major reason of change in the global regulatory scenario has been the recent economic meltdown. The global economic meltdown is perceived as not only a failure of organizations ability to regulate them but also a failure of regulations and regulatory bodies. Therefore organizations are forced to look for markets beyond their hom e countries (Europe and USA) to alternate investment and capital sources. Thus in many ways the financial crisis is also forcing organizations to go more global. With going global comes the challenge of tackling many different financial systems and regulatory bodies. ... FASB is an American body credited with the formulation of GAAP i.e. Generally Accepted Accounting Principles. Differences The FASB is operating in a highly litigious environment and thus the GAAP are formulated to suit this environment. This is the very reason that GAAP is a more comprehensive and detailed accounting standard. This would seem a positive aspect of any accounting standard but in reality it becomes a lot difficult to implement or understand GAAP. Moreover for organizations working outside the United States it becomes even more difficult to understand the GAAP as it is closely linked with American Legal system. Similarly IASB is responsible for the formulation of IFRS (International Financial Reporting Standards). As the name suggests, as compared to GAAP, IFRS are simply standards rather than principles. Although apparently minor in nature, this difference totally redefines the IASB standards. This is because IFRS are more taken as more a set of broader guidelines rathe r than hard-core principles. For many years there has been a competition for dominance amongst the two reporting bodies. This race has already been won by IFRS. The structure of IFRS allows more internationally different regulatory bodies to adopt and adapt them. Thus allow them to address their own specific need and still remain understandable to users and evaluators. Therefore globally IFRS has become the global reporting standards. Emerging markets, underdeveloped economies and developed economies have all shifted to IFRS. The Unites States is also gradually shifting from GAAP to IFRS. The gradual process started with US companies being allowed to report in IFRS as per their discretion. Moreover the AICPA has announced that a gradual process would be