How Great Companies Think Differently - 900 Words

Strategic Management How Great Companies Think Differently Making money has long been the ultimate aim of a business. This capitalism vision has influenced the majority of corporations limit their goals in generating the highest profits and returns to owners, regardless the health and safety of employees, the environment, and general public. An institutional logic, therefore, has been raised by professor of Harvard Business Schoolï ¼ Kanter. Unlike traditional practices, this logic addressed a successful company is a vehicle for enhancing societal welfares, rather than only a machine to make money. Not only can most well-established companies distribute sound returns to shareholders, but also build long-lasting institutions. In†¦show more content†¦It is aimed at providing professional business education and to equip personnel with capability, solicitude, conscientiousness and creativity. It aligns the goals of Hang Seng Bank in pursuit of excellence for the customers and common good for Hong Kong society. It is wise for a business to focus on long term sustainable development by performing ethical roles to society. When Hang Seng Bank educates and nurtures the next generations, it can also benefits from recruitment of quality employees from Hang Sang School of Commerce. This secures the future development of Hang Seng Bank, which would keep going with its ultimate goals. The morale of the employees, indeed, is a key determined factor for a successful corporate. In Hang Sang School of Commerce, it is obvious that all teachers want to educate the best students—to get the more As, so that they can also be rewarded from promotion and bonus. Associated with social enterprise is also critical to build an enduring institution. Through demonstrating the companys commitment to furthering the development of the countries, the company can get supports from public and know more about the preferences of the residents. Standard Chartered Bank (Hong Kong), holds marathon races every year, demonstrating the core value of Hong Kong—diligence. Honestly, Standard Chartered has customized services with high efficiency and effectiveness. It has won numerous awards in Hong Kong and Asia, such as bestShow MoreRelatedThe Importance Of Team Sports1222 Words   |  5 Pagescareer, I’ve learned many valuable life lessons as well as picked up many skills. Sports are a great way to get outside and enjoy the world around us while learning some valuable skills. Team sports can benefit us in many ways by helping to shape our personality while learning good sportsmanship, which can transfer into other aspects of our life. First off, like any group activity, team sports are a great way to learn important social skills and build lasting relationships while staying fit. On theRead MoreEssentials of Management1694 Words   |  7 PagesChapter 1-Subject Review Questions 1. Describe a great manager. What makes him or her stand out from the crowd? A great manager is astute, a strategic thinker, and a self-effacing leader. They are great leaders, straight-talkers, empathetic, have control over their organization and are great organizers. Great managers should also be able to multi-task. They must be able to work with a diverse organization, and be free of from prejudices. Great managers should also appreciate their employees, andRead MoreMoney Is Not the Only Motivation1543 Words   |  7 Pagestheories of motivations, and how they correspond to the truth that money isn’t the only source of motivation for workers. Primary Needs are Different Because every individual is created differently, we are born differently, think differently, brought up in families with different value systems, how we feel towards certain things are usually different as well. That being said, its therefore correct to conclude that since we all respond, think amp; see things differently as human beings, thus, whatRead MoreIs Creativity Becoming Endangered?1271 Words   |  6 Pagesimpossible. Creativity is the unique way of thinking and expressing ideas, thus it is impossible to teach. Nonetheless, schools need creativity and can help boost it in their schools by supporting the arts as well as students who think outside the box. When one thinks of the subject of science the first few things that might spring to mind is: math, experiments and precision. Yet in the eyes of an astronomy professor from Inver Hills Community College, Lawrence Mascotti, â€Å"Science is an art, muchRead MoreCustomer Engagement Is Vital For Saas Success1186 Words   |  5 Pagesâ€Å"86% of buyers will pay more for a better customer experience, but only 1% of customers feel that vendors consistently meet their expectations.† That’s a major disconnect for SaaS companies striving to improve customer engagement. B2B customers aren’t concerned about aesthetic features. And they aren’t amped to hear how your team worked around the clock to fix a bug. Your consumers want a service dedicated to solving their problems in an efficient manner. Natalie Chan, an expert handling customerRead MoreThe Novel 1984 by George Orwell914 Words   |  4 Pageswho represents the protagonist of the novel, Winston Smith, and here instead portrays Apple, the underdog who has come to save the crowds of consumers who have been mindlessly controlled and brainwashed by Big Brother, in reality the large computer company IBM. Before understanding the objective of the ad, we must first take a look at what was happening around the time the ad was aired. The ad was first aired during the 1984 Super Bowl, and it can be assumed that most people in America were tuningRead MoreCustomer Service Cases1262 Words   |  6 Pagesï » ¿Andres Romero Chapter 3 - Consider this Case The Boss’s Great Idea (pg. 57) 1. What should Mario do to get his employees thinking about the better listening ideas described in the chart? What Mario should do to get his employees thinking about the better listening ideas is to make a quick meeting before work and altogether read the better ideas and create scenarios for each one to give examples as to what is meant by each one. 2. How likely is it that people will recognize and change their behaviorsRead MoreEssay on How Safe Is Safe Case Study902 Words   |  4 PagesHow Safe is Safe Case Study 1. As a company, would you describe PPI as having an identifiable philosophy of moral values? How do its policies contribute to this philosophy? In some ways PPI’s moral values can be considered distinguished. The reason I say this is because as we know, all for profit organizations are obviously out to make money and many will cut corners or sacrifice their future for quick gains. PPI could have very well kept their facility up to code just enough to comply withRead MoreInnovation Strategy Development1605 Words   |  7 PagesJust as how Apple’s slogan says it â€Å"Think Different†! Apple has certainly done exactly that by thinking and working differently to stay on and ahead in the rapidly changing technology driven innovations. The Seven Principles of Break Through Innovations inspired by Steve Jobs who simply loved what he did passionately. 1. Think differently about your Career. Put a Dent in the Universe 2. Think differently about your Vision. Kick Start Your Brain. 3. Think differently about how you Think. SellRead MoreA Report On The Environmental Protection Agency859 Words   |  4 Pagespassed all tests in the test scenarios but performed differently when not in a test environment. Making the company look good while breaking trust with their consumers. Goals: Amoral Management- I was torn on giving goals immoral since it seem that VW did what they could to have their vehicles pass the road tests to make their products look better to the public, however after re-reading the definition of unintentional amoral management, â€Å"think of themselves as ethical managers, but they frequently