Internet Based Research & Analysis on Business Article Paper

Internet Based & Analysis on Business Article - Research Paper Example How I asked myself can such an established brand with such established resources and consistent revenues fail? Numerous reasons were stated however one of these was ineffective planning for Wal-Mart’s launch into an international market. The element of failure in the operations conducted by corporations is what led me towards the selection of this article. (Intelligent Growth: Why Failure Breeds Winners by Corporate Executive board, December 7, 2010). The perspective that the Corporate Executive board depicts is one that endorses the concept of Intelligent Growth, which is a basic concentration on simultaneous sales growth as well as profit margin expansion. The writers take on breeding success out of failure is merely his depiction of the fact that through Intelligent Growth Planning, that is planning not only for success but also for failure, organizations can minimize the cost of any foreseeable failure a venture undertakes. Intelligent Growth Planning might sound straightforward and simple in its theoretical application with its incorporation of sales growth, the increase in sales over a period of time, and margin expansion, an increase in the margin of profit a company is generating. However the author brings to our attention that ‘Less than 10% of companies have managed this balancing act over the past 13 years,’ and how we may ask have they achieved this? Yes that’s right their senior managers spend as much time thinking about failure as victory – efficient planning and strategizing. ‘If you fail to plan you plan to fail’ is a well known quotation that can sum up and endorse what the author is trying to highlight here. A 2009 experiment carried out by the Corporate Executive Boards Finance and Strategy Practice sanctions this statement with the findings it produced. Using 1500 of the world’s largest corporations and judging their performance on cases of EBITDA margin, a

History wk 11 Essay Example | Topics and Well Written Essays - 500 words

History wk 11 - Essay Example This meant that many of the self-help books and programs were created during this post-modern period. Gergen (2000) suggests that modernists believe that the world is split into two areas – one where material things exist in the outer world and the other where the mind takes over the inner world. He suggests that we still have to see the total person, but they also have to understand how the world works. I think the two differ in the fact that the modernist period grew out of the Western world’s view of psychology. It assumed that all of the world looked the same as it did to Westerners. Of course, we know that this is not true and that there are many times where culture is important. When looking at aging, I would think that we are still in the age of post-modern because we expect that as people get older and more frail, that there will be others to take care of them if they cannot stay with their families. In many other cultures, the elderly are taken care of by the f amily until they die. Modernists would see aging as something to be observed and they would look at the possibilities of how they may help the elderly live a better life.