misc. Contributions

misc. Contributions

Misc. Contributions 

#1 : Are there things you wanted out of it (college) that have not yet happened? Have I been pushed? Have I pushed myself? Have I learned all that I wanted to learn? What will it take to accomplish this goal before you graduate?

#2 You can apply the strategic management process to your own career

  1. Goals and Objectives

-What am I trying to accomplish? (e.g get a job, go to grad school, start a business, etc.)

  1. Analyze the external and internal environments

-For example, do I stay in South Florida (service based economy) or move?

-Or, what are my personal skills and capabilities?

  1. Formulate an appropriate business and corporate strategy.

-Where would these skills be best used?

  1. Implement the formulated strategy through structure, culture, and controls.

-Find a job that will allow me to achieve my goals.

#3 Write down the name of an entrepreneur that you admire.

Questions to answer:

  • Write down key characteristics that define them as a leader.
  • What is the chronology of events that took that person to a position of leadership?
  • How did the events of that person’s life affect their ultimate leadership self?
  • How did these qualities impact their business?
  • What lessons can you apply to your own life?

#4 Write at least 3 PERSONAL goals that you think are essential to your success. After you decide on your goals, list the objectives you must meet in order to achieve your goals.

  • Please list your goals, then at least two objectives you must reach to achieve each of your goals. Remember, objectives are quantifiable.

#5  –    List 5 resources you possess (business related)

  • List 3 abilities
  • List 2 core competencies you will bring to a business career.
    • Share how your core competencies provide competitive advantage in the job market and will provide competitive advantage in your first job.

#6 Since today we talked about “political force,” part of being an adult is voting. Answer the following:

  • Are you registered?
  • If for some reason you cannot register(e.g. Not a citizen), are you registered in your home country?
  • Where (specifically) is your polling place?
  • If  not local, have you requested a vote-by-mail ballot?
  • Have you ever voted in a municipal (i.e. a local, city) election? Why not?
  • Why is it important that you vote?
  • Who are you going to bring with you to vote?

#7 Are you personally a low cost leader? Hopefully not! Hopefully, you are a differentiator that can charge a premium salary for your uniqueness!

In preparation for interviews, please write down good answers to the following questions.

  • Tell me about yourself (Have a very brief autobiography prepared about yourself, 30-60 second speech)
  • Why do you want this job?
  • Why should we hire you?
  • What are your greatest professional strengths?
  • What do you consider to be your weaknesses?
  • Tell me about the time you overcame a struggle.
  • Do you have any questions for me (they will always ask this, so have a generic question prepared so you are left hanging at the end).

#8 Alphabet’s 4 Es (Google)

  • What did they build, borrow, and buy?
  • Identify competencies that are being leveraged across businesses.
  • Identify economies of sale.
  • Identify economies of scope.
  • Identify financial economies.

#9 Personal “outsourcing” and diversification

  • We choose how we spend our time & energy
  • Example: school, work, family, sleep, play
  • Can be thought of as personal diversification
  • Be sure to:
  • List your major activity areas
  • List the percentage of time you spend doing them
  • Assess your degree of related and unrelatedness
  • What do you “outsource”
  • What conclusions do you derive?
  • Should you make adjustments?
  • Has/ should this change over time?

#10 

  • IBM is a global tech giant
  • 375,000 employees, revenue at $85 billion
  • HQ is in NY; but 70% of employees are overseas
  • Earns â…” of revenue outside the U.S.
  • Is Ikea really Swedish?
  • 6% of sales are generated from Swedish market
  • 14% of sales are in USA
  • What is an appropriate definition of a U.S. firm?
  • What considerations should a firm have for its home country?
  • What about web-based companies (e.g. Facebook)? They were founded in the U.S. and have millions of American users, but are global in reach.
  • Who should regulate these companies? Whose rules should they follow? To whom should they pay taxes?

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