Entrepreneurial Business Innovation Essay Example | Topics and Well Written Essays - 2250 words

Entrepreneurial Business Innovation - Essay Example The ultimate indicator of the value of a firm, the market price or the stock price, is being affected much less by the earnings or the asset base of the company. Rather, value creation in today's company is being increasingly represented by intangible factors like innovation, human capital, ideas, brands, corporate social responsibility initiatives, customer relations, technology, management capabilities and others (Creating Value, n.d.). To provide vision, mission and objectives and ethical position: At the very outset, the leader has to enumerate the purpose of the company's existence. It is the vision statement. It may also be referred as the dream of a company. The next step is to describe the mission statement. The mission statement deals with the ways to deal with the vision. In other words, it says about the path to achieve those dreams. The objective of a company describes the immediate steps that are to be taken to achieve the vision and the mission. Ethical position implies that the company should have certain social bindings and should not forego its moral nature for the purpose of its profit. Portfolio Management: The ultimate objective of any company is to earn profit. For the purpose, the company must invest in those sectors or fields which it thinks would generate more profit. Since we know that resources are scarce, so the management must take utmost care to fix proper allocation of resources for the generation of higher revenue. The portfolio of the company must be guided by financial indicators like ROCE (Return on Capital Employed). Where, ROCE = Profit before Interest and Tax / Capital Employed The company should essentially invest only in the fields where the ROCE is above the WACC (Weighted Average Cost of Capital), otherwise, it cannot generate revenue. Managing the Strategic Value Drivers: It is said there are three strategic value drivers. Namely, Quality and Differentiation - The company must have a differentiated product from its competitors in the industry. Also, it should be qualitatively superior. It is very tough to get into the mind of the market i.e. potential customers, if the company does not meet the basic requirements. Cost - As the saying goes, a penny saved is a penny earned. The cost for the company should be kept as minimum as possible. All the major business leaders are following this principle with due diligence. Intellectual Property - Of late, this value driver has been recognised. As we know, intellectual property deals with the rights on patent, trademark, copyrights, etc, so the management of the company should understand how crucial this value driver is. This could be a source of long term benefit. Role of Business Leader Visible in the Proposed

Lewis Carrolls Alice in Wonderland :: Alice in Wonderland

Lewis Carroll's Alice in Wonderland Chapter I - Down the Rabbit-Hole Image: Lewis Carroll Alice was beginning to get very tired of sitting by her sister on the bank, and of having nothing to do: once or twice she had peeped into the book her sister was reading, but it had no pictures or conversations in it, `and what is the use of a book,' thought Alice `without pictures or conversation?' Image: Bessie Pease Gutmann, 1907 So she was considering in her own mind (as well as she could, for the hot day made her feel very sleepy and stupid), whether the pleasure of making a daisy-chain would be worth the trouble of getting up and picking the daisies, when suddenly a White Rabbit with pink eyes ran close by her. There was nothing so VERY remarkable in that; nor did Alice think it so VERY much out of the way to hear the Rabbit say to itself, `Oh dear! Oh dear! I shall be late!' ..(when she thought it over afterwards, it occurred to her that she ought to have wondered at this, but at the time it all seemed quite natural). But when the Rabbit actually TOOK A WATCH OUT OF ITS WAISTCOAT- POCKET, and looked at it, and then hurried on, Alice started to her feet, for it flashed across her mind that she had never before see a rabbit with either a waistcoat-pocket, or a watch to take out of it, and burning with curiosity, she ran across the field after it, and fortunately was just in time to see it pop down a large rabbit-hole under the hedge. Image:Illustrator ? In another moment down went Alice after it, never once considering how in the world she was to get out again. Image: Sir John Tenniel - 1865 1890 Nursery Version The rabbit-hole went straight on like a tunnel for some way, and then dipped suddenly down, so suddenly that Alice had not a moment to think about stopping herself before she found herself falling down a very deep well. Either the well was very deep, or she fell very slowly, for she had plenty of time as she went down to look about her and to wonder what was going to happen next. (c) Image: Dis ney, Appears Courtesy of American Royal Arts . First, she tried to look down and make out what she was coming to, but it was too dark to see anything; then she looked at the sides of the well, and noticed that they were filled with cupboards and book-shelves; here and there she saw maps and pictures hung upon pegs.

Cry the Beloved Country Restoration Analysis

Restoration Through Symbolism Restoration is a beautiful thing. Watching something go from nothing to everything is amazing. In the book Cry, the Beloved Country, by Alan Paton, restoration is one of the main themes of the book. I am going to talk about two main examples; a quotation from a character and the significance of a certain character. The first thing developing the concept of restoration is the character Napoleon. Napoleon was an allusion used in the story. He was a demonstrator that came to the city of Ndotsheni to help them ‘get back on their feet again' by teaching them how to efficiently farm.However, his advice was not exactly received with open arms. As a character, he is quite similar to Napoleon Bonaparte, a French leader. Both of them had very helpful ideas to improve life for everyone, but not everyone appreciated his suggestions. The Napoleon in the story also symbolizes starting the process of restoration. When Ndotsheni finally accepts his advice and begi ns doing things more efficiently, it's an enormous turning point for the city. Also symbolizing the restoration process is the words of another character, Father Vincent. Feature Article  Country School  Allen CurnowFear is a journey, a terrible journey, but sorrow is at least an arriving†, he says, while comforting Stephen Kumalo. When he says this, he also hints at the concept of restoration, because later in the quote, he references building a house, directly saying that you can rebuild what you have lost. I've just given two examples on how different types of material in the same book can mean almost the exact same thing. Watching restoration is still thrilling for me, whether it be in real life or in a fictional town.

America s New Sense Of World Power - 758 Words

Abby Thompson Period 5 HOTA Paper After the years of the American Civil War, America embarked on a manifest destiny, 2.0. America decided they wanted to expand their territory across the waters. There were many approaches that were suggested by previous presidents, all with the same goal: World Dominance. The Big Stick idea was brought to light from President Theodore Roosevelt. The plan reflected many of the same impulses that were motivating domestic reforms that were taking place in America. He wanted to expand that reform to Cuba. He wanted to send a message that reflected to nations America s new sense of world power. With this policy Presidents could exercise power unfettered and alone if he was overseas in an american territory. Roosevelt believed that a civilized (industrial) nation was to go in to uncivilized (non industrial) countries and have the right as well as the duty to intervene in the affairs of a â€Å"backward† nation to preserve order and stability, â€Å"for the sake of both nations† he said. Venezuela, for example, had a deteriorating economy that began to renege on debts of european bankers. In response, the Roosevelt Corollary (now the Monroe Doctrine), was put into play. the Roosevelt Corollary claimed the united States had not only the right to European intervention in the Western hemisphere but also to intervene itself in the domestic affairs of its neighbors if those neighbors proved unable to maintain order and national sovereignty on their own, suchShow MoreRelatedComing Together855 Words   |  4 PagesMississippi River. Therefore, by gaining this land, America also gained control of the Mississippi River and correspondingly, access to the Gulf of Mexico and the port of New Orleans. Because of The Louisiana Purchase, Americans had the right to trade profitable products at the port of New Orleans and the country became more independent. Also, the purchase provided America with the opportunity for westward expansion, which would result in the formation of new st ates. The Embargo Act of 1807 was a ban onRead MoreDo The Right Thing By Spike Lee1434 Words   |  6 Pages The â€Å"melting pot† of America is the mix of different cultures and identities that supposedly make up the American Society. But to the minorities who are the heart and soul of the â€Å"melting pot,† they know that the idea of diverse and equal identities in American culture isn’t always true. Two sources that dive deeper into this idea are The Reluctant Fundamentalist, by Mohsin Hamid, and Do the Right Thing by Spike Lee. 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Even when America was fighting the war in Vietnam, Herbert says, â€Å"there was a sense that the nation was trying to right its wrongs, that it was moving in the right direction, however difficult and dangerousRead MoreWorld War I And The Great War1325 Words   |  6 PagesAnnie Poll Period 3 AP European History Free-Response Essay 31 March, 2016 World War I is often called â€Å"The Great War†. This was because it was the first war to affect such a large geographical area and involve so many countries. These countries’ governments had complicated relationships with each other and even the people who they governed. This war was largely unavoidable because of these complicated relationships and diplomacies. The first example of these relationships were the onesRead MoreThe Socio Political Conditions Of Modernity1377 Words   |  6 Pagestoday’s busy world if the topics were not updated. Walt Whitman s I Hear America Singing† and Langston Hughes â€Å"Let America Be America Again† attract readers by paying close attention to social advancement. Whitman and Hughes are two modern poets that play an important role by sharing their knowledge on their methods of changing traditional thoughts. Whitman and Hughes poems serve as a guideline for society, focusing on social equality, advancement of society, and a new society based on new ideas andRead MoreThe Relationship Between Great Britain And The United States Of America999 Words   |  4 PagesThe closeness of the relationship between Great Britain and the United States of America has been constantly investigated and analysed over the years; mostly to understand why the two are so well connected and able to help one another despite their frequent disputes. As a result of this seemingly strong bond between the two countries following the end of the Second World War, Sir Winston Churchill, in his Iron Curtain speech of 1946, coined the term ‘Special Relationship’ effectively summing up theRead MoreEssay about Organized Crime1744 Words   |  7 PagesOrganized crime has always been occupied with a negative label. Perhaps this is due to the constantly changing environment in America as well as the social state of its homeland, Europe. Our society is convinced that the so-called Mafia is a family of pure criminals, pimps, and murderers. Whatever the opinion, there is no doubt that the Mafia played a big part in the history of America and the way Americans view crime today. The origins of the secret society known as the Mafia are believed to be as oldRead More`` Common Sense `` By Thomas Paine1202 Words   |  5 Pagesto Thomas Paine s pamphlet, he had supported the American Revo lution that refers to â€Å"American Independence†. The objective to write â€Å"Common Sense† is that challenged to the British government and motivated American to follow their own destiny. Furthermore, His written work was the first time that asked for independence from Britain. The inspiration of Thomas came from the suggestion of Benjamin Rush who is an outspoken defender of American rights from Great Britain. Common Sense was both reveals