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Lloyd Blankfein, chairman and CEO of Goldman Sacks, was asked "What would you like business schools to teach more of, or less of? He responded: Look, I think it's very important to teach people to have a healthy respect for facts and information. And you know, to paraphrase Keynes. "to change minds when the facts change." That's why I think certain careers - and maybe not intuitive careers - do very well. There's a lot of lawyers floating around Wall Street. There's a lot of engineers. A lot of people who deal with facts and have an appreciation of facts. A quantitative thing is very helpful. I was a social studies major, but you need to be numerate. If you have those good quantitative skills, it's very, very helpful. For this weeks discussion, based on Blankfein's comments and your own opinions, respond to and expand upon the following questions: Why are quantitative skills so highly valued in various business disciplines? How important do you think quantitative skills will be to your career? In what ways? What are your strongest areas in terms of quantitative skills? Weakest areas? What are your strongest areas in terms of spreadsheet software? Weakest areas? What are five goals you have for improving your quantitative skills?
What are the advantages and disadvantages of compensation approaches such as skill-based pay and competency-based pay? How can the disadvantages be overcome?
A unit of output is considered not defective if it's A) at least 130 cm long; but B)no more than 160 cm long. if the standard deviation of this process is 5.1 cm, under any circumstances this process would be considered
What are group norms, and what role do they play in behaviour and cohesiveness of the group? How does the diversity of a group affect its performance?
Explain how the initiative you have selected for the organization might build on its strengths and/or address its weaknesses in supporting individuals and teams in a climate for creativity. Based on your observations and/or experience with the orga..
in what ways might using IT, rather than face - to - face communication, help or hinder global trade in the future?
Give three examples of destinations where tourism planning has been successful, as well as three destinations where uncontrolled tourism growth has taken place.
Indicate the effect that the following will have on the operating cycle. Use the letter "I" for increase, "D" for decrease and "N" for no change.
Class, Continuing a conversation of workplace dynamics; if we include a perspective of our own personality interacting with others in organizational constructs class; With regard to Bennis and Nanus (1985) position; "clear vision, social architects, ..
ABC Company has total end-of-year assets of $10 million. The first-of-the-year inventory ws $400,000, with a year-end-inventory of $350,000. The annual cost of goods world was $8 million. Find (1) percent of assets in inventory, (2) inventory turnove..
How would segmentation (3 top customer segments) would you use to get customers to the business and how would the 4Ps of marketing help to reach the targeting customers.
Outline the basic planning process for the organization, and describes how the three levels of management influence this process. Explain why the quality, productivity, and profitability are important elements in the planning process.
Many states have banned smoking in public places, such as restaurants, shopping stores, and government offices. Many businesses also do not allow workers to smoke in the office, often designating smoke free areas.
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