Final Book Report Essay Example | Topics and Well Written Essays - 1250 words

Final Book Report - Essay Example He quotes the meeting of General Ulysses S. Grant and General Robert E. Lee along with the meeting of Joshua Chamberlain and Lee. In both the days, the victors healed the wounds of vanquished by treating them cordially, which an important trait of leadership. Another important aspect regarding leadership that is useful in organizational development is to develop, sustain and deliver. The above three points help to form a cycle in any organization and effective leaders develop, deliver and sustain with the help of their regular communications and the book 'Great Communication Secrets of Great Leaders' emphasizes on the above aspect. Baldoni John (2003) states that he incorporated in his book that the failure of many CEOs was due to lack of communication but not due to lack of vision, ambition and execution. John states that lack of communication leads to evil, dysfunctional board, fearing the boss and dangerous culture. On the other hand communication skills are capable of promoting V ision, Pragmatism, consensus building, charisma and trustworthiness. Hence, the communication can act as a catalyst for the success of organizational set up and to remove the evils that lead to failure. Hence, to develop personal credibility, communication skills are important to leaders, managers as well as the subordinate employees. The company should create an atmosphere that develops rapport between employees of all cadres so that they can express their views and lead to success. Leadership and Communications In an organization the leadership communications emerge from a leadership action communicated from the view point of the leader. The communication should decide the response of the staff in hierarchy and leads the way the execution of the operations within the company. The execution of duties due to response to the communication depends on the bond between leader and followers (staff). The communication of the leader to the followers should convey the organizational vision and mission. Baldoni John quotes the successes of several political leaders who won by communicating effectively with their followers and were responsible for the success of administrations as well as organizations. The communication of leader can reinforce organizational capability by reminding the staff about the company's strengths and weaknesses. When the communication is able to create motivation, the success follows for the company through creative hard work of the people and John quotes the success of Kather ine Graham in communicating with her staff and creating a world class organization. Hence, in the above context, the communication can be used to create motivation in the staff and to make them effectively. As a result the company can be competitive. However, the above communication technique works well, when the company recruits talented people, who can understand the messages as well as motivation. In achieving above targets the important aspects Baldoni John quotes are assessing audience (followers or staff in this context)

Ratio Analysis Coursework Example | Topics and Well Written Essays - 1500 words - 2

Ratio Analysis - Coursework Example Another reason is due to their dismissive approach towards law and regulations. This approach has resulted in an exceptionally good financial performance and efficiencies. Based on the available financial data of Tasso plc all the financial indicators are excellent with the exception of the liquidity. The most important thing in management is to find, evolve and assess involvement into possibilities that may be out there to develop and improve the company’s financial position. In so doing, the management can be able to assess various investment opportunities considering the risk that may be involved and assess the liquidity of the company. It is possible to determine the financial health of a company; this can be done by calculating the company’s financial ratios. Financial ratios are best used as a diagnostic tool to find resources of a financial trouble company. Financial ratios provide a fast and somehow straightforward approach to investigate the financial viability of a company. A ratio easily concerns one number seeming in the economic declarations to some other number seeming in the economic declaration ratios can split up in distinct assembly and each assembly can, at identical time, be sub-divided. In this paper, I will concentrate on liquidity, solvency, W orking capital management, profitability and asset efficient ratios, with this, people will be able to understand Tasso plc. Financial position and be able to appraise it. Liquidity ratios help management to know if the company can be able to undertake the day-to-day operations; this is determined by assessing the cash availability of the company. There are different methods to determine the liquidity of the company one of them is by using the current ratio. Current ratio gives as a quicker way to look at the current assets and current liabilities. They