Improving Communications by Building Community At Microsoft †Communications Essay

Improving Communications by Building Community At Microsoft †Communications Essay Free Online Research Papers Improving Communications by Building Community At Microsoft Communications Essay In the early years, microsoft.com was only one of numerous PCs tucked under a table toward the finish of a long passage. It was intended to test Microsofts initial 32-piece Windows usage of TCP/IP, the product plumbing in Windows that empowers Internet interchanges. Today, microsoft.com is the fourth-biggest site, controlled by inward and outer servers everywhere throughout the world and visited by a huge number of clients day by day. How the site got where it is presently is an account of astute administration choices, particularly in the territory of correspondences. Microsoft searched out to manufacture a solid authoritative interchanges model to fill in as the correspondences managing power for all degrees of Microsoft representatives and clients. A portion of the conspicuous inquiries to be tended to were: 1. Is the interchanges model right now being used satisfactory? 2. Do investors have any worries about its specialized techniques? 3. How do representatives impart in the working environment? 4. Are representatives permitted to convey unreservedly? 5. How does the open feel about speaking with Microsoft through its online interface? Is it easy to understand? This paper is a survey of what the organization executed to progress administrative interchanges. Circumstance In 2006, Microsoft started Road to Excellence, the companys system was to fundamentally acquire World Wide Web piece of the overall industry, however there was an issue. The organization had become its very own casualty fast development, for the most part in its product division. A dissimilarity in correspondences had emerged between key leaders over the association because of a straightforward absence of labor. A methodology should have been conceived to address looming turmoil. The methodology enveloped a few activities and objectives across divisions that concentrated on improving inward and outer correspondences to help by and large execution and convey sound development. Microsoft Development and microsoft.com expected to adjust different degrees of administration and at last all representatives with interchanges activities that could be really estimated, assessed and improved. System Implementation Perceiving the worth and intensity of vital change and interchanges to adjust workers to new objectives, Microsoft asked CAB and Associates, a promoting expert gathering, to direct a review of the estimation of its whole correspondences work. Taxi was likewise approached to make proposals for the dispatch of the review just as suggestions for supported correspondences outreach. In working with the CAB group, the initial move toward adjusting representatives to execution objectives was to direct an evaluation of representatives current recognitions. To decide the level of representative comprehension of the associations vision and development activities just as the viability of existing inward interchanges, CAB led subjective research and quantitative overviews of workers discernments and inclinations (Corder, 2006, p. 21). To do so CAB made three groups to completely assess and score Microsoft’s current correspondence forms, give input, and recommend answers for discoveries. Group I â€Å"Community Central† This group had the obligation of â€Å"building community† inside Microsoft by utilizing all techniques, inside its span. Central to this whole program was to construct trust, which was indispensable so as to augment impartial outcomes. It was their obligation to effectively decipher, and share the mission, vision, and estimations of Microsoft’s correspondences objectives. Group I started the procedure by building shared groups, utilizing aggregate request that were results, not goals arranged, and that advanced consistent improvement (DuFour, 1998, p.25). Different duties included assessing the exhibition and discoveries of all sub interchanges evaluation, and preparing correspondence preparing groups. Despite the fact that it was the war room for this interchanges improvement program, it was elevated to be viewed as an emotionally supportive network accessible to all groups and members, consequently further strengthening the â€Å"community† idea. Group II, Internal Communications â€Å"The Organization† The pioneers of Microsoft realized they expected to change the manner by which representatives considered, estimated, and oversaw interchanges inside the business. After impressive research, they concluded that utilizing an automated review scorecard approach was the most ideal approach to adjust the association to the companys correspondences objectives. A group was intended to concentrate every interior correspondence of Microsoft. For this assessment, CABs inward correspondence office was especially keen on determining data in the zones of vital message maintenance, view of senior administration, the companys vision and objectives, right correspondence channel choice, and assessment of vehicle adequacy and inclinations (Munter, 2006, p.23). Furthermore, they needed to decide how representatives were right now accepting and utilizing data about Microsoft by and large, and in general and the outer commercial center. The Organizational Challenges Involved individuals from key zones of the business, Team II worked with CAB to build up a redid review and scorecard for the organization. By what means should the organization dispatch their reviews and have representatives see how to change their psychological model of the business, given the entirety of the other operational activities that were in progress? An Integrated Solution A Survey Scorecard Knowledge Map (SSKM) was created utilizing different exclusive programming bundles that were sent aimlessly locales through one hour working meetings at different working hours and conditions (office, dispersion, deals, and so forth.). The guide was utilized to dispatch the scorecard idea, raise the members mindfulness level and have every individual basically consider their job in the business without agonizing over occupation obligations or interruptions. The appraisal found that while workers had positive view of the companys heading and vital activities, they were not holding key messages around the new technique. They likewise felt deluged with email interchanges, loved Taxis print production however felt it to be less successful as far as passing on data, and normally liked, rather, progressively close to home interchanges from senior administration. Group III, External Communications â€Å"The Marketplace† Another driving programming maker and wholesaler confronted uncommon change. Clients were cutting interior tasks that werent seen as center. Clients anticipated that the steel merchants should offer these activities as worth included administrations at an insignificant cost. Moreover, the measure of business that was auctions off of rundown cost had tumbled from 70% to 30% in three years and the descending weight on evaluating was expanding drastically. This group had the benefit of assessing Microsoft’s outside interchanges. The group planned and executed email and print appraisals, led phone interviews, caught a delegate test of client contribution from a base that included members at all levels, topographies and long periods of experience. Altogether, around 4,520 people were studied. Results The CAB inside interchanges group had rebuilt all worker correspondences to all the more likely spotlight on organization execution and progress-following. Microsoft was presently in a more grounded position to help senior administration with pragmatic counsel on actualizing quarterly, fell worker interchanges gatherings, and have overhauled print and electronic distributions to reflect development activities and objectives. Moreover, the correspondences battle, conveyed through a PC conveyed scorecard had empowered workers to all the more likely envision the degree of execution required inside the setting of their doled out obligations. Improved correspondences were demonstrated to be at the core of conveying results and winning help from each zone of Microsoft that in the end improved the companys gainfulness, development and piece of the overall industry. Truth be told, interchanges were seen as so significant that they should be deliberately overseen similarly that activities, fund, organization, innovation, HR and different aspects of the business were overseen. There had never been when compelling correspondences had been progressively significant. Microsoft had entered a business period that had been changed by consistent change and progress, initiative difficulties, developing advancements, and worldwide markets that were best portrayed as unusual, quick paced and unforgiving. Taxi gave key direction, master direction and execution support on every single basic correspondence issues. CAB’s worldwide group of correspondence and business experts helped Microsoft get, improve, and deal with the view of their organization according to their basic crowds: Investors and the venture network The companys senior supervisory group and Board of Directors The companys workers, at each level The media and, by expansion, people in general Conclusion pioneers who affected corporate notorieties Taxi stepped up to the plate and improve investor esteem by encouraging more clear two-path correspondences with the speculation network, and adjusting workers at all levels to guarantee promise to the Microsoft’s vision, qualities and interchanges working Interchanges Strategy 8 methodology. CAB’s blend of expert ability, geographic reach, broadness of administrations, and profundity of assets was demonstrated to be really novel in the corporate correspondences counseling industry. End In view of the consequences of these appraisals, M

The Top Five Benefits of a Flipped Classroom

Photo courtesy of mahlness on Flickr. A recent innovation in teaching is known as the â€Å"flipped classroom,† in which students watch recorded lessons at home, and work on homework and projects at school. With increased access to technology for the creation of educational videos, and a wide variety of instructional platforms and videos available online, this approach to teaching is gaining popularity. Tina Rosenberg’s recent New York Times opinion article â€Å"Turning Education Upside Down,† focuses on flipped classrooms and how they work. Rosenberg advocates for this method of learning, citing proof from a couple of schools that have successfully adopted the approach. There are many benefits to using the â€Å"flipped classroom† approach, but the following are our top five reasons why we love this teaching style: 1. A flipped classroom encourages hands-on or project-based learning. The flipped classroom approach is centered on the student, and her progress in understanding material through practical application. The flip â€Å"frees up class time for hands-on work,† Rosenberg writes. â€Å"Students learn by doing and asking questions — school shouldn’t be a spectator sport.† In addition, this approach stresses collaborative projects and group work, allowing students to partner together to find a solution. Collaborative learning can be one of the most effective ways to boost critical thinking and knowledge retention, according to a Journal of Technology Education article â€Å"Collaborative Learning Enhances Critical Thinking† by Anuradha A. Gokhale. 2. Teachers have more time to work one-to-one with students in a flipped classroom. A flipped classroom provides students with the support they need, at the time they need it. Not all students have an environment at home that can provide help with homework. Sometimes these students get frustrated and give up on homework, Rosenberg notes. With a flipped classroom, students can get immediate one-to-one answers to their questions. â€Å"In a traditional classroom, the teacher engages with the students who ask questions — but it’s those who don’t ask who tend to need the most attention,† according to Rosenberg. With a flip, the teacher can help coach students through the material, and has more time to monitor progress. 3. Students have time to digest the material and develop follow-up questions after viewing the material the night before. If a student is confused about anything he’s watched in the online lesson, he can easily pause, rewind, and watch again. Teachers have transitioned from 20-minute videos to six-minute videos, Rosenberg says, to keep students’ attention and encourage repeated viewing. 4. Flipped classrooms bring creativity back to teaching. The web provides access to thousands of lessons and videos that teachers can use to supplement their teaching. Technology has enabled teachers to have fun while filming a lesson, coming up with creative ways to teach a concept. One teacher interviewed in Rosenberg’s article said that â€Å"he feels like an ‘educational artist’ who doesn’t just talk and hand out sheets.† He continued, â€Å"‘I can create interactive lessons and exciting content. There’s so much more time to educate!’† 5. While further research on the efficacy of flipped classrooms is needed, initial results are encouraging. Clintondale High School in Detroit is a fully â€Å"flipped school† with the results to back its change in teaching methods, according to the article. Graduation rates are up and the number of college graduates has increased dramatically since implementation. To see more details on Clintondale’s success, click here for an infographic on Flipped Classrooms created by education software provider Knewton. To read more about â€Å"flipped classrooms† and other approaches to learning, visit our blog, at aplustutoring.com/news.

The Philosophy Of Descartes On The Affirmative, And John...

Are ideas innate or not? First, I will present the debate on innate ideas as argued by Descartes on the affirmative, and John Locke on the negative. Descartes view that we do indeed have innate ideas which comes from his meditations concerning the idea of god. While Locke would argue that we do not have innate ideas and that is rooted in his belief that all knowledge is a result of our experiences. Descartes was a French philosopher who was a rationalist. Rationalists believe that all ideas are innate. What this means is that we have all truths already in our minds from birth, and we do not need to take in any information from the outside world to know what is truth. In his book Meditations on First Philosophy Descartes tries to prove that we do have innate ideas. He does so through his mediations on god and wax. Descartes states that all human beings make mistakes, this is shown when he says â€Å"The senses do sometimes deceive us† (Cress 1993,14). Descartes is saying that we can be incorrect in our judgments when we use our senses. We may see someone from afar and believe the to be our friend Jane, but once that person comes closer we realize that it was not Jane but someone else entirely. Thus we have made a mistake. Our senses gather information from the outside world and thus not an innate idea. Descartes argued that when human beings make mistakes like this we are imperfect. When he says human beings are imperfect he is stating that we will not be 100% correct 100%Show MoreRelatedThe Origin, Development and Significance of Human Rights10255 Words   |  42 Pages(including the materialism of Hobbes, the rationalism of Descartes and Leibniz, the pantheism of Spinoza, and the empiricism of Bacon and Locke) encouraged a belief in natural law and universal order; and during the 18th century, the so-called Age of Enlightenment, a growing confidence in human reason and in the perfectibility of human affairs led to the more comprehensive expression o f this belief. Particularly important were the writings of John Locke, arguably the most important natural-law theoristRead MoreOrganizational Behaviour Analysis28615 Words   |  115 Pageselements taken more broadly from areas such as anthropology and ethnography, as well as occasional incursions from economics, political ‘science’, and industrial relations. There are also some elements taken from the arts and humanities such as philosophy, history and (very controversially) literary and art criticism. It is, then, a broad field which, to add to the confusion, also goes under several different names, some of which you will encounter when reading texts on the subject. The two mainRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pagesmarketing and sales staff. More than one hundred instructors reviewed parts or all of Organizational Behavior, Fifteenth Edition. Their comments, compliments, and suggestions have significantly improved the final product. The authors wish to thank John D. Kammeyer-Mueller of the University of Florida for help with several key aspects of this revision. The authors would also like to extend their sincerest thanks to the following instructors: Lee Boam, University of Utah Andres Johnson, Santa Clara

Essay on Linking Eating Disorders With Genetics - 1871 Words

While Bulimia is known by many names, the term â€Å"bulimia† did not enter the English language until the 1970s, â€Å"perhaps representing lingering uncertainty about its essence† (Gordon, 2000). Bulimia, as we know it, is a modern disease, however, there is some evidence of binging and purging in ancient times; for example, in ancient Egypt, â€Å"physicians would recommend periodical purgation as a health practice† (Gordon, 2000). There has also been documentation of wealthy families in the middle ages vomiting during meals in order to continue eating large amounts of food. At this point, you may be wondering why these examples are not considered Bulimia Nervosa. According to Dr. Richard Allan Gordon, author of Eating Disorders: Anatomy of a Social†¦show more content†¦It is now defined as â€Å"Recurring episodes of eating significantly more food in a short period of time than most people would eat under similar circumstances, with episodes marked by feelings of lack of control.†¦ The person may have feelings of guilt, embarrassment, or disgust and may binge eat alone to hide the behavior†. It is important to note that there is a difference between over-eating and binge-eating, while over-eating is a recognizable problem for many people, â€Å"binge-eating is much less common, far more severe, and associated with significant physiological and psychological problems† (DSM 5). Binge Eating Disorder is similar to Bulimia Nervosa in that we see episodes of eating large amounts of food, the difference being that there is no purging after the binging episode. It is seen highly among obese patients, but, perhaps due to a reluctance to relate obesity with an eating disorder, it was not recognized as distinct from Bulimia Nervosa until the early 1990s (Gordon, 2000). Some of the first documented cases of Anorexia Nervosa were religious in origin. As early as the 12th century we saw women, particularly in Western Chri stianity, known as â€Å"Miracle Maidens† who were highly esteemed for their self-control, their â€Å"holy anorexia† was thought of as a gift from God. Some scholars have stated â€Å"the intense relationshipShow MoreRelatedWeight Obsession Affects Millions Of Teenagers Today1179 Words   |  5 Pagesone out of every seven women has or is struggling with an eating disorder. One study a few years ago found that 36% of adolescent girls believed they were overweight while 59% were trying to lose weight (Eating Disorders in Teens, n.d.). 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Antigone4 Essay Example For Students

Antigone4 Essay A tragic hero, according to Aristotelian definitions, is a highly renowned and prosperous character. This figure is not perfect and has to be on some level responsible for his or her downfall. The heros punishment usually exceeds the crime. By the end of the play, this hero recognizes his or her own error or flaw and accepts the overwhelming retribution. Through this experience, he or she finally gains wisdom. In Antigone by Sophocles, Creon fits the term tragic hero more adequately than Antigone. The two have some character flaws, and both are responsible for their own tragic consequences. They are proud, stubborn people, and their unwillingness to recognize their folly sparks the bitter conflict between them. Yet Antigone does not experience any significant downfall nor is she enlightened in any way at the end. Creon, on the other hand, is a great man reduced to a pitiable condition as a result of a tragic flaw and is humbled by this tragedy. Bound by her rashness and steadfast rel igious convictions, Antigone buries her brother, Polyneices, despite Creons edict because she felt that it was not up to man to decide her fate. Antigone is strong enough to challenge the everpresent control of men. She presents her opinions, challenges authority, and does not believe in something merely because it is the word of the king. It is between her and the gods. Even though Antigone is courageous and noble, she does not think her actions through. She does not care whether or not her decisions will affect the people around her. Antigone also has a martyr complex. Her selfishness is shown when she harshly refuses her sisters request to share Antigones punishment with her. Antigone wants all the credit for saving Polyneices soul. All these flaws are only traits of the human nature, and Antigone is merely a human. At the time of her impending death, she reveals her fatalistic nature, which at first is hidden beneath her pride and feministic convictions. She blames the curse tha t her father, Oedipus, has brought upon the family, and she laments on the fact that she has been destined to meet a tragic end from the time of her birth, when, in actuality, she has been the one to make the decision to bury Polyneices. Fearing a torturously slow death, she commits suicide. In a Greek tragedy, one of the most important elements is hubris. During the course of the play, Antigone is supposed to overlook warning signs that tell her to sthop what she is doing and go back to the correct way. This does not happen for her. Unlike a tragic hero, she does not exhibit any recognition of her mistakes and misjudgements, nor is she humbled or enlightened at the end. Even though her death is quite unfortuante and preventable, it is not really a downfall since she knows that she is going to die all along. Pathos is what the audience feels for Antigone, but not to the extend to which one feels remorse or learns a moral lesson by it. Creon, like Antigone, is also full of stubborn, foolish pride. Still, his decision in ordering the edict of putting anyone who buries Polyneices to death can be justified. He is only being loyal to his state, and his political and religious attitude is probably shared by many Thebans at the time. Creons flaw is the rigidity in his personality and a sense of insecurity and inadequacy that will not allow him to change the royal fiat. Hubris is excessive or inordinate pride in oneself. Creon does not want to lose face and give into a woman, and he refuses to listen to the advice of the people hwo love him and whom he loves dearly, a flaw which will eventually lead to the devastating consequences he must endure. Despite all the warnings that the Sentry, Haimon, and Teiresias give him, he does not realize that he can be wrong and, in this case, is wrong. Creons realization of his errors in punishing Antigone comes too late. He tries to make up for them by performing the burial rituals on Polyneices that Polyneices rightfully deserves according to their religious beliefs. But Antigone has already hung herself in her characteristic rashness and Haimon stabs himself too, in front of his father after trying to kill him. Creon then returns home only to find his wife dead by her own hands. His life has crumbled apart and he cannot do anything about it. He must nowl ive his life condemning himself, fully aware that Antigones death is completely unnecessary, that his son has died, loathing him, and that his beloved dead wife has cursed him before he has killed herself. Creon, now alone as ever, is left with nothing but his overwhelming guilt and a newly gained wisdom. He now knows that he decree has dishonored the gods and his own family, and his accepts the punishment he feels he deserves for his folly. Antigone is a noble character but she is not a tragic hero by definition. She does not recognize her flaws and has ended her life quickly. There is no find of any revelation in this play for Antigone. Creon fits the cri teria of a tragic hero perfectly. His pride, lack of judgement, and unwillingness to bow to a woman have thrown him into complete disarray and despair. His paradox occurs when he tries to be a strong king. He attempts to use the significance of Polyneices death as a symbol of his strength and power over tyranny and treason. In doing so, he destroys the lives of those that he most cherishes. Creon is the one who falls from grace in this play, and at the end, he is humbled and enlightened by the tragedy. Therefore, Creon is the real tragic hero of Antigone. Bibliography: .u47cbe6cb287b0f4bb559eae00001c2f0 , .u47cbe6cb287b0f4bb559eae00001c2f0 .postImageUrl , .u47cbe6cb287b0f4bb559eae00001c2f0 .centered-text-area { min-height: 80px; position: relative; } .u47cbe6cb287b0f4bb559eae00001c2f0 , .u47cbe6cb287b0f4bb559eae00001c2f0:hover , .u47cbe6cb287b0f4bb559eae00001c2f0:visited , .u47cbe6cb287b0f4bb559eae00001c2f0:active { border:0!important; } .u47cbe6cb287b0f4bb559eae00001c2f0 .clearfix:after { content: ""; display: table; clear: both; } .u47cbe6cb287b0f4bb559eae00001c2f0 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u47cbe6cb287b0f4bb559eae00001c2f0:active , .u47cbe6cb287b0f4bb559eae00001c2f0:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u47cbe6cb287b0f4bb559eae00001c2f0 .centered-text-area { width: 100%; position: relative ; } .u47cbe6cb287b0f4bb559eae00001c2f0 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u47cbe6cb287b0f4bb559eae00001c2f0 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u47cbe6cb287b0f4bb559eae00001c2f0 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u47cbe6cb287b0f4bb559eae00001c2f0:hover .ctaButton { background-color: #34495E!important; } .u47cbe6cb287b0f4bb559eae00001c2f0 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u47cbe6cb287b0f4bb559eae00001c2f0 .u47cbe6cb287b0f4bb559eae00001c2f0-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u47cbe6cb287b0f4bb559eae00001c2f0:after { content: ""; display: block; clear: both; } READ: Physical education in elementry grades Essay We will write a custom essay on Antigone4 specifically for you for only $16.38 $13.9/page Order now

Worldcom Enron Fraud Bankruptcy free essay sample

WorldCom Fraud Bankruptcy (21/07/2001); Assets: $107 billion Long Distance Discount Services, Inc. (LDDS) began in Hattiesburg, Mississippi. in 1983. The company name was changed to LDDS WorldCom in 1995, and later just WorldCom. The company’s growth under WorldCom was fueled primarily through acquisitions during the 1990s and reached its apex with the acquisition of MCI in 1998. WorldCom’s financial scandals and bankruptcy led that company to change its name in 2003 to MCI. The MCI name disappeared in January 2006 after the company was bought by Verizon. WorldCom’s bankruptcy filing in 2002 (21st July 2002) was the largest such filing in U. S. history. The WorldCom scandal is regarded as one of the worst corporate crimes in history, and several former executives involved in the fraud faced criminal charges for their involvement. Evidence shows that the accounting fraud was discovered as early as June 2001, when several former employees gave statements alleging instances of hiding bad debt, understating costs, and backdating contracts. We will write a custom essay sample on Worldcom Enron Fraud Bankruptcy or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In 2002, a small team of internal auditors at WorldCom worked together, often at night and in secret, to investigate and unearth $3. billion in fraud and the U. S. Securities and Exchange Commission (SEC) launched an investigation into these matters on June 26, 2002. By the end of 2003, it was estimated that the companys total assets had been inflated by around $11 billion. As a result, the SEC filed a civil fraud lawsuit against WorldCom and federal charges were filed against several executives. The fraud was accomplished primarily in two ways: 1. Underreporting ‘line costs’ (interconnection expenses with other telecommunication companies) by capitalizing these costs on the balance sheet rather than properly expensing them. . Inflating revenues with bogus accounting entries from corporate unallocated revenue accounts. Some of the high-ranking WorldCom executives and other employees who are implicated in the accounting fraud. Most notably, company founder and former CEO Bernard Ebbers was sentenced to 25 years in prison, and former CFO Scott Sullivan received a five-year jail sentence, which would have been longer had he not pleaded guilty and testified against Ebbers. WorldCom, crushed by its $41 billion debt load, made its filing in the Southern District of New York. With $107 billion in assets. Under the bankruptcy reorganization agreement, the company paid $750 million to the SEC in cash and stock in the new MCI, which was intended to be paid to wronged investors. Enron Fraud Bankruptcy (12/02/2001); Assets: $65. 5 billion The Enron Corporation (former NYSE ticker symbol ENE) was one of the largest energy company based in Houston, Texas that sold electricity and natural gas. They were also involved in the distribution of energy and risk management and financial services to many people worldwide. Enron employed approximately 22,000 and was one of the world’s leading electricity, natural gas, pulp and paper, and communications companies, with claimed revenues of nearly $101 billion in 2000. This company gained wealth due to its initiative marketing and endorsement of power and communications services and risk management offshoots. Fortune named Enron â€Å"America’s Most Innovative Company† for six consecutive years. The company became very successful and seemed indestructible. Everything seemed rosy until they filed for bankruptcy in 2001. At the end of 2001 it was revealed that its reported financial condition was sustained substantially by institutionalized, systematic, and creatively planned accounting fraud, known as the â€Å"Enron scandal†. With all this success and rapid expansion the company had to borrow money. This was in a bid to cover up their excess debts. The debts would have made the stock value dip and they could not take that chance. So they opted to hide their debts in ‘partner’ corporations. With this information under wraps Enron kept looking better because of their unethical and illegal accounting practices. They also began favoring potential large investors with insider information while ignoring the smaller investors. Other industry peers began questioning how the company made so much money time and again. While all this was going on the company’s CEO was secretly selling his stock. By October 2001, they could no longer hide the illegal practices in the company. They announced a loss of $ 638 million dollars. The stock price took a dive until it was worth nothing. Then came in the creditors claiming their debts be paid before the company shut its doors. Since they could not repay its debts, the company was forced to file for bankruptcy. Besides the financial department, the operations management department also had a role to play in the collapse. The company’s values and principles were not followed since most employees were in it to also get rich. The Enron scandal, revealed in October 2001, eventually led to the bankruptcy of the Enron Corporation, the dissolution of Arthur Andersen, which was one of the five largest audit and accountancy partnerships in the world. In addition to being the largest bankruptcy reorganization in American history at that time, Enron undoubtedly is the biggest audit failure. On January 17, 2002 Enron fired Arthur Andersen as its auditor, citing its accounting advice and the destruction of documents. Enron was estimated to have about $23 billion in liabilities, both debt outstanding and guaranteed loans. Citigroup and JP Morgan Chase in particular appeared to have significant amounts to lose with Enron’s fall. Additionally, many of Enron’s major assets were pledged to lenders in order to secure loans, throwing into doubt what if anything unsecured creditors and eventually stockholders might receive in bankruptcy proceedings.

My role Model essays

My role Model essays It always happens at the kindergarten. The teachers ask little students who their role model is. Most of them say police officer, fire fighter or their parents like heroic people. When I was in kindergarten, I never answered for that question. Truth, I had nothing on my mind to answer. Who is my role model? I questioned myself again, again and I had waited for my real role model. It was cold, December when I met her. My mom was told that I seemed to have special talent on singing so she brought me to someone who teaches singers professionally. I just turned 12, had no idea on singing. I just liked to sing. The woman who my mom brought me to looked very sharp. I could so tell that she was not and never could be easy person. She looked at me once and said  ¡Ã‚ °She is way too young to start singing. ¡ My mom ¡Ã‚ ¯s face turned surprised. And she also said  ¡Ã‚ °well, but let ¡Ã‚ ¯s see how you can sing, shall we? ¡ and grabbed my hand. She introduced herself as Mrs. Chun. We started worming up and I sang  ¡Caro mio ben ¡ After I sang the piece, there was exactly 5 minutes of silence. Mrs. Chun was gaping on me and my mom was trying to figure out what was going on.  ¡Ã‚ °It ¡Ã‚ ¯s incredible! ¡ finally Mrs. Chun closed her mouth and talked. She told my mom that she never except young singers but she ¡Ã‚ ¯ll on this time. I started havin g private lessons with her who I never thought could be my forever role model. Soon as I started studying with her, I got to know her better. She helped me to think seriously in musicianship and in one word; she was my musical guardian angel. As I got to know her better, I asked to myself hits question.  ¡Ã‚ °She is really role model type. Should I consider her as my role model? ¡ I wasn ¡Ã‚ ¯t sure about her. One day, the significant day that made me to confirm her as my role model came. It was her concert. Actually, It wasn ¡Ã‚ ¯t even concert. It was just little town perfor...