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Actual for You - Creativity and Motivation: Traits From Within
Merger &Acquisition OverviewMergers and acquisitions (M&As) are a significant activity for many organizations. Yet most mergers are not successful, primarily because the “merger of two organizations is actually a merger of individuals and groups.” Buono and Bowditch, authors of The Human Side of Mergers and Acquisitions: Managing Collisions Between People, Cultures, and Organizations.A merger means that two previously separate organizations are combined into a third new entity. An acquisition involves the purchase of one organization by the new parent firm. M&A activity is characterized in the academic literature as an “organizational marriage,” complete with courtship. Cultural integration is often linked to a metaphor of a family where a parent who has departed is replaced by a step-parent. These relationship and familial metaphors illustrate the significant impact M&A activit
Valuable traits
What kind of traits do these individuals usually possess? The entrepreneur is often seen to possess a:·
Desire for responsibility·
Preference for moderate risk·
Confidence in own ability to succeed·
Desire for immediate feedback·
Human Resource Management’s role in the company’s success increases each day. In this article I will discuss the reasons for the increasing impact of the HRM and will also talk about HRM in the retail industry.Human Resource Management is a vital function in organizations. It is becoming more important than ever. Line managers are getting involved in HRM, and human resource managers are becoming members of the management team. Also, everyone in the organization can make a contribution to the management of people and the success of the organization at the same time. Human resource management includes a variety of activities, such as the following:What staffing needs to have and whether to use independent contractors or hire employees to fill these needsRecruiting and training the best employees, ensuring they are high performersDealing with performance issues and e
The "entrepreneur" is one who creates a new business in the hopes of making a profit. If this is a valid definition of the term, then it is essential that businesses today utilize "entrepreneurial skills" in order to compete against rival corporations and small businesses that have become an even greater threat than before.
Akio Morita is known to have said that initially Sony had three years of competitive-free sales before a rival came up with a product that bit into their margin but near his retirement, that "window" had changed from three years to three months. As the time to market is decreasing rapidly due to the increase of global competition and other powerful market forces, companies can no longer follow their traditional ways of product development. All businesses that wish to do more than just survive must think like the entrepreneur.
Listen to marketers
Marketers know that it takes a tremendous amount of time, money and effort to create new customers compared with keeping current customers. They know that their most valuable asset is the customer they already have. Following this logic, does it make sense to invest a huge amount of time and money to hire on a bunch of "avant-garde" thinkers to create explosively innovative products and services when the resource may already be within the company's ranks? Can businesses in these lean times afford to do so? I do not think so. Those that are best suited to create new and valuable products which are in harmony with the business plan and goals are those that are already in the system; the employees.
It doesn't end with creativity
Entrepreneurism does not end with creativity. Many people can create amazing concepts. Those concepts then need to be turned into products and services which meet the needs of the market and are PROFITABLE for the organization. What good is an idea with no reality? It has little value. In order to succeed, organizations must have the creativity as well as the ability to act upon that creativity in order to bring ideas to market profitably. This is the power of the successful entrepreneur.
Valuable traits
What kind of traits do these individuals usually possess? The entrepreneur is often seen to possess a:·
Desire for responsibility·
Preference for moderate risk·
Confidence in own ability to succeed·
Desire for immediate feedback·
The trouble with some people is, they assume that their clients are all boring, dull and have no sense of humor. Isn't it strange how most companies seem to have a charisma bypass when it comes to communicating with their clients. Which would you rather have, A client? Or, a friend who is also a client? A friend of course. Well, to have more friends in your business, you must do more friendly things.Actually, it's all about the human touch. Something that's often missing in our business dealings today. Your clients are all human beings who have a wife or husband, kids who don't listen, a mortgage that's too big, a house that's too small, a swimming pool that needs cleaning and a garden that needs weeding. They are concerned about their health, they like to laugh, eat out, go to the movies and want to be happy just like you.The more you treat your clients as friends, the mooduct that bit into their margin but near his retirement, that "window" had changed from three years to three months. As the time to market is decreasing rapidly due to the increase of global competition and other powerful market forces, companies can no longer follow their traditional ways of product development. All businesses that wish to do more than just survive must think like the entrepreneur.
Listen to marketers
Marketers know that it takes a tremendous amount of time, money and effort to create new customers compared with keeping current customers. They know that their most valuable asset is the customer they already have. Following this logic, does it make sense to invest a huge amount of time and money to hire on a bunch of "avant-garde" thinkers to create explosively innovative products and services when the resource may already be within the company's ranks? Can businesses in these lean times afford to do so? I do not think so. Those that are best suited to create new and valuable products which are in harmony with the business plan and goals are those that are already in the system; the employees.
It doesn't end with creativity
Entrepreneurism does not end with creativity. Many people can create amazing concepts. Those concepts then need to be turned into products and services which meet the needs of the market and are PROFITABLE for the organization. What good is an idea with no reality? It has little value. In order to succeed, organizations must have the creativity as well as the ability to act upon that creativity in order to bring ideas to market profitably. This is the power of the successful entrepreneur.
Valuable traits
What kind of traits do these individuals usually possess? The entrepreneur is often seen to possess a:·
Desire for responsibility·
Preference for moderate risk·
Confidence in own ability to succeed·
Desire for immediate feedback·
Have you ever called a major corporation’s 800 number only to be trapped in a maze of automated questions that have to be answered all over again if you ever actually reach a real person? Of course you have and you didn’t like it at all. However, as much as you don’t like that experience, corporations know that you like listening to hold music even less.Studies indicate that customers who are on hold listening to music have a distorted perception of time that makes them believe they are waiting longer than they actually are. The longer a customer believes they are on hold, the more agitated they become when the representative finally answers the phone. To change this perception companies give callers “busy” work to keep them occupied to reduce the perceived amount of elapsed time. They do not want the caller to notice that they do not keep a compliment of representatives large enough to time, money and effort to create new customers compared with keeping current customers. They know that their most valuable asset is the customer they already have. Following this logic, does it make sense to invest a huge amount of time and money to hire on a bunch of "avant-garde" thinkers to create explosively innovative products and services when the resource may already be within the company's ranks? Can businesses in these lean times afford to do so? I do not think so. Those that are best suited to create new and valuable products which are in harmony with the business plan and goals are those that are already in the system; the employees.
It doesn't end with creativity
Entrepreneurism does not end with creativity. Many people can create amazing concepts. Those concepts then need to be turned into products and services which meet the needs of the market and are PROFITABLE for the organization. What good is an idea with no reality? It has little value. In order to succeed, organizations must have the creativity as well as the ability to act upon that creativity in order to bring ideas to market profitably. This is the power of the successful entrepreneur.
Valuable traits
What kind of traits do these individuals usually possess? The entrepreneur is often seen to possess a:·
Desire for responsibility·
Preference for moderate risk·
Confidence in own ability to succeed·
Desire for immediate feedback·
No organization, even if it were interested in profitability as a prime goal, could avoid producing some kind of social benefit or avoid intending at least in some part to achieve some kind of goal, which is other than purely making money. If something else were to be required in order to start up a business enterprise in addition to defining the essence of the goal of a business as being "a business to make money," then there must be another element, which is the defining feature of the business, in addition to the profit margin. Making profits is not a goal on its own. It does not define the mission of a business. One must add in something else in order to produce a product that is needed, or to provide a service that is requested. The notion of filling some kind of social need must be taken into account, when one is starting up a business enterprise.That is the reason why business enterpried to create new and valuable products which are in harmony with the business plan and goals are those that are already in the system; the employees.
It doesn't end with creativity
Entrepreneurism does not end with creativity. Many people can create amazing concepts. Those concepts then need to be turned into products and services which meet the needs of the market and are PROFITABLE for the organization. What good is an idea with no reality? It has little value. In order to succeed, organizations must have the creativity as well as the ability to act upon that creativity in order to bring ideas to market profitably. This is the power of the successful entrepreneur.
Valuable traits
What kind of traits do these individuals usually possess? The entrepreneur is often seen to possess a:·
Desire for responsibility·
Preference for moderate risk·
Confidence in own ability to succeed·
Desire for immediate feedback·
As a general guide, this context will be an account of the work that might normally be expected of a Nanny in private employment and her hours of duty. A Nanny is a person, especially a boy or a girl, employed in a family to take care of children. A Nanny is responsible mainly for the care of the children of the family and the care of their equipment – their clothes and so on – and for any housework that has directly to do with them.She will, for example, do the children’s laundry and mending, and clean their rooms. In some cases she may also need to do the cooking for the children and for herself. In some very rich households it may be that, as well as the nanny who has main responsibility for the children, there will also be a nursery maid who will deal with the domestic side of the work. However, this sort of establishment is rather unusual these days. It was common in Victorian times but r to succeed, organizations must have the creativity as well as the ability to act upon that creativity in order to bring ideas to market profitably. This is the power of the successful entrepreneur.
Valuable traits
What kind of traits do these individuals usually possess? The entrepreneur is often seen to possess a:·
Desire for responsibility·
Preference for moderate risk·
Confidence in own ability to succeed·
Desire for immediate feedback·
High levels of energy·
Future orientation·
Skill at organization·
Ability to see value in achievement over money
If companies want employees to possess these kind of traits, they need to develop the environment that fosters such. How can they do this? I believe that if we look at Maslow's Hierarchy of Needs we can find the answer.
Up your hierarchy!
Not everyone agrees with Maslow and his hierarchy of needs which states that every individual must have certain needs met before they can move up the hierarchy to the next level. To me, it makes perfect sense. We can look around the world at the starving countries and ask ourselves, "why do they pollute so badly? Why don't they care about the world?" The answer is that they are too busy trying to survive to think beyond. Once those survival needs are met, they can progress to looking at the world differently.
At the highest level of the hierarchy is self-awareness. Once employees have their basic needs, and other intrinsic needs met, they are able to begin to think beyond what they "want" and focus on other aspects. This is where creativity comes into play. We all know that extrinsic motivation rarely lasts forever. Look at weight loss clinics and network marketing as two good examples. After the top people give their pep talks, everyone is pumped. When they all return to their normal world, that motivation disappears. Look, however to those people that are motivated from inside themselves; they are the creators, the individuals that can come up with the most amazing things.
Reward is a key criterion
Companies need to create the environment that empowers the worker to that higher level so that they feel they are important in the organization. When they have self-worth, and confidence, when they are rewarded for their efforts, then the creativity will flow from the intrinsic motivation. Eisenberger and Shanock have shown that "when individuals believ
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