Manoj Jayaswal gained a fortune in the coal mining industry but is now being investigated by India's Central Bureau of Investigation for allegations of fraud and misconduct. He engaged in questionable behavior with several bureaucrats and government officials, including Vijay Darda. I think his behavior could be seen as immoral and unethical because he used his connections with the government to obtain undeveloped coal fields. The government was responsible for allocating these lands to developers and businesses but the selection process was obviously subjective.
Mr. Jayaswal continues to network with government officials and people of power to gain an unfair advantage over his competitors. The government is definitely acting unethically because officials were no doubt receiving payment for allocating those fields to their friends and associates. Mr Jawaswal was of course acting in his own best interests, and his company subsequently flourished. But the citizens of India have paid the price. While more than 300 million residents are without power, business affiliated with mining have either left their fields undeveloped or sold them off for an exorbitant amount of money when they acquired it for essentially nothing.
I believe Mr. Jayaswal was acting amorally when he was decided to engage in this behavior. He probably simply disregarded any morals or values when making his business decisions and was solely focusing of the monetary benefit of the deals. I also believe that corruption will persist in India, despite the efforts of the CBI. There will also be some businessman engaging in questionable tactics and gaining non-competitive advantages, just as there will always be someone in the government looking to make a deal and take a bribe.
http://www.bbc.co.uk/news/world-asia-india-19472940
Sunday, September 30, 2012
Sunday, September 23, 2012
Zara International
Zara international is one of the fastest growing clothing companies in the world right now That is due, in large part to the effective management techniques employed by Inditex's (Zara's parent company) CEO Pablo Isla. His frugality plays a large part in the continued success of the company, but the specific techniques that Zara International uses, compared to their competitors, is what sets them apart from the rest.
Certain elements of the classical management approach are very much evident at Zara International. The scientific approach states that each worker should have a specialized task to perform in order for a business or company to run more efficiently. At Zara, there is a creative team of 200 professionals who sole purpose is to keep up with the latest fashion trends. This is extremely important because what sets Zara ahead of the rest if their ability to mimic the most recent fashion trends in their stores as quickly as possible, at a lower price. The administrative and bureaucratic principles also seen at Zara help to foster its continued growth and success. There are clear, defined roles in different departments at Zara, which help to facilitate smooth operations. The textile design, manufacturing, and distribution companies under Inditex is a clear example of planning, control, and efficient managing.
The systems concept states that organizations are filled with a complex network of subsystems that must cooperate and work together to ensure the success of the company. Zara is a great example of this because, as I stated before, the different companies under Inditex (textile design, manufacturing, etc) are all essential to the continued success of the company. Without the cooperation of one, the entire entity (Zara Interantional) would crumble. Managers at Zara International also uses contingency thinking very effectively as well. Fashion trends are continually changing and evolving and Zara employs professionals to keep track, as well as adjust to the change appropriately. As compared to their competitors, Zara is always adapting. This is one of the reasons why they are so successful.
Sunday, September 9, 2012
About Me
Hey my name is Schantel and I'm a Corporate Communications Major. I recently transferred from Stony Brook University so I have about a year and a half until I graduate. I live on Long Island with my parents and my little sister. I currently work at NYU Med Center but hope to soon gain an internship working at a PR Firm or Communications agency in the City. In my spare time I love to read; all types of books fascinate me! I also love to spend time with my family and friends, relax, and enjoy life. I'm not sure what career I want to pursue after I graduate but I want it to be something that excites me and something that I am passionate about.
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