Do you think criteria should be broadened to incorporate

Assignment Help Macroeconomics
Reference no: EM131307622

Assignment

Many leadership/management training programs (e.g. MBA degrees) are focused upon transferring quantitative/ numerical/technical skills which produce graduates with a short-run perspective who profess to have the `correct' answers', when in fact, real-world situations often do not have clear-cut solutions and are not neatly defined. Furthermore, this sort of training focuses upon individual `analysis', rather than accumulated group wisdom from experience, and many MBA graduates are woefully deficient in interpersonal skill effectiveness, as well as knowledge of power, politics and the realities of organizational life.

When evaluating the effectiveness and suitability of leadership/managerial training, do you think criteria should be broadened to incorporate societal costs/impacts that run beyond the focus of individual `profit maximization'?

As you know, the recent financial recession was caused in significant part from greedy, self-centered behaviours on the part of some private sector managers who were not held accountable to societal norms of acceptable collective behaviour (e.g. `The Wolf of Wall Street'). As a result, many individuals and families experienced dire consequences and financial ruin resulting from this short-run, selfish behaviour. A relatively small group of private sector financiers, many holding MBA degrees, profited handsomely at the expense of others during the recent financial crisis.

So to conclude, when we evaluate training `effectiveness', and `transfer' to work environments, what criteria should be utilized when we are trying to ascertain whether or not the training has been `successful'? Using an integrative perspective of theoretical concepts from the entire course, take a position on this issue, and provide a rationale for your perspective.

Reference no: EM131307622

Questions Cloud

How the various body systems are affected : Explanations on how the various body systems (anatomically and/or physiologically) are affected; etiology; medications/treatments that are available; prognosis of those affected, and future outlook in general.
How history might provide an alternative explanation : Briefly describe how history might provide an alternative explanation for the reduction in anxiety.- Briefly describe how instrumentation might provide an alternative explanation for the reduction in anxiety.
Determine the plaintext m from a given ciphertext : Show that it is not necessary to factor n in order to determine the plaintext m from a given ciphertext c, the public key e, and the modulus n.
Discuss about evaluation of thematic development : DIscuss about EVALUATION OF THEMATIC DEVELOPMENT.This geographic advance of the church is not Luke's only indication of his structure for the book.Acts divides neatly into 2 parts, focusing in the first12 chapters upon Peter's witness of the resurr..
Do you think criteria should be broadened to incorporate : When evaluating the effectiveness and suitability of leadership/managerial training, do you think criteria should be broadened to incorporate societal costs/impacts that run beyond the focus of individual 'profit maximization'?
Explain how an integrity check value used : Briefly explain how an integrity check value (ICV) may be used in network communication to detect errors - How the receiver checks whether the message has been transmitted without error
Create journal entries for the given transactions : Create journal entries for the following transactions. Draw up a T-accounts for each account affected by transactions. Calculate ending balances for all T-accounts
Explain the actions used in an experiment to avoid : Define or describe the third-variable problem and the directionality problem. Explain the actions used in an experiment to avoid these two problems.
An example of the experimental research strategy : Finally, Dr. Jones compared the activity level for the high-sugar group with the activity level for the low-sugar group. Explain why Dr. Jones' study is not an example of the experimental research strategy.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Illustrate think price and quantity of dvd players

Illustrate what do you think will happen to the price and quantity of DVD players if. The availability of good movies to play on DVD players increases.

  Determine effects of a temporary increase in the quantity

Determine the effects of a temporary increase in the quantity of government purchases on current equilibrium output, employment, the real wage, the real interest rate, the nominal interest rate, and the price level.

  How has the revolution changed the economy of the nation

How has this revolution changed the economy of the nation? How has it impacted jobs? What does this mean for the US of today in terms of international relationships and responsibilities?

  Correct model of the economy

Fill in the following table assuming that policy makers have a correct model of the economy, follow the Taylor rule, and the economy has the two one period lags.

  Calculate change in producer surplus due to price ceiling

Calculate the change in producer surplus due to the price ceiling - Calculate the change in consumer surplus due to the price ceiling.

  Elucidate why is it that market leaders and monopolies

Elucidate why is it that market leaders and monopolies generally acquire rather than develop new technology.

  Mitigate the principal-agent problem

Do not post on website: The principal-agent problem occurs if the manager (CEO) is not present to monitor the worker (manager). How can she get the worker (manager) to do what is in her best interest?

  How can missing elements in your target country be addressed

How can the missing elements in your target developing country be addressed? Suggest modifications in the original model and compensatory actions that can be taken to address the missing elements.

  What impact would that decline have on financial instruments

In the early 1980s, interest rates on long-term debt were at remarkable levels - above 15% with some even higher. Within a decade, rates had dropped precipitously. I have a couple of questions about that  What would the effect of a decline in inte..

  Elucidate three general economic principles along identify

Elucidate three general economic principles along with being able to identify three to five macroeconomic indices e.g.GDP,CPI. I must also be able to make an evaluation and develop a forecast from the article.

  Explain the general formula for the sample average

Suppose we have a data set with only two observations, y1 and y2. The general formula for the sample average is: sample average=1/2(y1+y2) Suppose y1 and y2 are sampled from the population in such a way so that they are correlated with each other.

  Discuss factors that could possibly influence growth rate

Discuss factors that could possibly influence the growth rate of your city and state. Do you live in a city or state that is experiencing growth? Is it possible that you live in a city or state where the population is on the decline or hasn't changed..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd