HR management , managing people for competitive advantage Essay

HR management , managing people for competitive advantage - Essay Example About competitive advantage, Olsen states, â€Å"It is what you do best that draws customers to buy your product/service instead of your competitor's†. Competitive advantage provides many considerable benefits to the companies, such as, increase in the levels of productivity, increase in the profits, and creation of a loyal client base. Some of the factors, which contribute towards achievement of competitive advantage in the market, include good public relations strategy, effective business management strategy, provision of premium quality products to the consumers, and a talented and efficient workforce. Effective marketing strategies also play a great role in making a company achieve and maintain competitive advantage. About the importance of marketing strategies in this regard, Tatum states, â€Å"Aggressive and appealing marketing campaigns can help to establish a company and its product line as being highly desirable†. Implementation of generic business strategies and presence of an efficient workforce are two of the most important factors behind achievement of competitive advantage in the market. In this paper, we will discuss what recruitment is and how human resource department of a company can manage the workforce for achieving competitive advantage. ... Employees work for the production of high quality products, which is one of the main factors for the achievement of competitive advantage. Along with the process of recruitment, effective management of the workforce is also very important in order to achieve competitive advantage. HR department is mainly responsible for the management of all issues related to employees. If employees are satisfied with a company, they work with more commitment and dedication, which brings more benefits to the company in the form of increased productivity and profitability. Therefore, managers need to take care of all needs of the employees in order to make them competitive and productive for the company. Recruitment is a very sensitive process because success of a company primarily depends on the number of proficient and skilled employees working for the company. Some companies make use of recruitment agencies for the selection of right candidates. About recruitment agencies, Worth states, â€Å"Such agencies are experts in evaluating a hiring company's needs against the skills and experience of job seekers†. The HR management of the company contacts recruitment agencies whenever the company needs new employees. Recruitment agencies advertise jobs through different media, collect resumes of the candidates, interview potential candidates, match employee skills with hiring company’s requirements, and maintain a proper database of all candidates. The management staff of the company provides all details to the agencies, which helps the agencies recruit best employees for the company. Such details include job description, job responsibilities, list of required and preferred education, required skills and experience, and the pay scale. Based on

Management - Elements of Decision Making Essay Example | Topics and Well Written Essays - 750 words

Management - Elements of Decision Making - Essay Example Management helps to overcome these problems at the time of making any effective decision (Monahan, 2000). In this paper, the complex problem of ethical concerns especially in decision-making relating to quality assurance and determining competitive market price will be taken into concern. Ethical Concerns in Decision-Making Every managerial decision affects the performances of the organizations by a considerable level. In general, ethical concerns in decision-making involve conflicts of interest in which individuals had to select and implement their own ideas. The issues relating to shareholders, customers as well as companies can be considered as one of the important ethical concerns in decision-making. Moreover, the other imperative ethical concerns particularly in decision-making encompass misuse of available resources, intimidating behavior of the individuals, discrimination, environmental issues, fraud, intellectual property rights along with privacy related issues. It can be st ated these ethical concerns can harm the overall performances of a company by a greater extent (Ferrell, Fraedrich & Ferrell, 2012). Significant Areas of Ethical Concerns in Decision-Making There are certain crucial areas of ethical concerns in decision-making. ... In this competitive market, the organizations often face the challenge to provide quality products at a lesser price. The organizations must ensure the deliverance of quality products to their valuable customers by considering the significant ethical concern of price. The decision-making about the ethical concern towards pricing might support an organization to compete with its chief business market competitors at large (Harinder, Attracta, & Jimmie, 2004). Competitive Market Marketing decisions that undertakes by different organizations are considered to be quite uncertain. It has been viewed that the organizations determine competitive market price while offering their different products to the customers with the intention of attaining superior competitive position over the chief business market participants. With regard to the ethical concerns in decision-making, the organizations should remain fair in setting the prices of the products (Erkan & Tunker, 2007). Critical Evaluation From the overall analysis, it can be comprehended that management plays an imperative role in the process of decision-making. It possesses certain critical barriers that could be overcome. The decisions that adopts by the managers on behalf of an organization ultimately observed to affect the purchasing behavior of the customers and its overall performances. In relation to determine the ethical concern in decision-making, it is quite important for the business managers to keep in mind the interests of the people involved with the company. Apart from these, the organizations also need to keep in mind certain other major aspects that include issues related to business, production as well as marketing that will ultimately benefit the company in the long run. In addition, the

Arlo Smart Home Security Camera Review

Arlo Smart Home Security Camera Review It is now even easier to install home surveillance systems especially with the proliferation of Wi-Fi cameras. The main issue with these cameras is that they require Ac power source meaning they can only be used indoors. This problem has been overcome by the introduction of Arlo security system from Netgear. It is designed to overcome the limitation by using battery-powered cameras that are linked to the base station via a Wi-Fi network. They offer very sharp video output and are very easy to install, they however dont offer audio to conserve the power, neither can you pan and zoom. Pros Completely wireless Small size camera design Easy to install Excellent quality color and night vision video Free cloud storage Weatherproof Easy to use apps Customization notification Cons Lacks audio recording No dynamic zoom, tilt and pan functions Night vision has no color Cameras secured on mount by magnets hence easy to steal When you exceed 5 cameras, you have to pay a monthly cloud storage fees of $9.99 Free recording is only for 7 days In high temperatures, the battery level indicator may wrongly how low battery Unboxing When you receive your brand new Arlo security system, the first thing is to hurriedly unbox it. It is however advised that you carefully and systematically take the contents apart in preparation to install in order to avoid any damage to the cameras or base station. If you are not confident enough to open the box, consider watching a video that shows how to unbox the package as carefully as possible. They will also guide you on how to install and setup the entire system without a glitch juts like an expert. Contents of the box US power plug with both EU and UK adapter Ethernet cable Wall plugs 8 lithium 123batteries 4 wall mounts The base station for the cameras 2 wireless cameras with a standard camera mount, an alternative to the magnetic mount. Design / Highlights The Arlo Smart home security camera review has a wonderful design. The package includes two cameras, the base station, Ethernet cable and 8 lithium batteries, four for each camera. It is possible to purchase a single camera set for $199.99 and get additional cameras at $159.99 each and ad them to the base station. It is equipped with 4 semi-round metallic mounting accessories that can be attached to the wall with the provided screws and dry wall anchors. The cameras have powerful magnets at the back of the housing for attaching them to the mounting devices without needing any screws or any hardware. Any flat surface or the refrigerator can serve as a mounting point for the camera. Both the cameras and the base station housing are done in a glossy white finish making them very beautiful. The cameras are 2.5 x1.6 x 2.8 inches and weighs 4 ounces. They are IP65 waterproof rated meaning they can be used outdoors in the rain and can manage temperatures from 14 to 122 degrees F to withstand the most extreme outdoors weather conditions. Technical Features Important features Wi-Fi communication The cameras communicates with the base station via a Wi-Fi network with a maximum range of 300 feet. Walls and other structures are known to diminish this distance. Base station Measuring 6.5 x 8.5 x 2.3 inches, the white base station has a LAN port, 2 USB ports, a power button, 5 LED status indicators, power jack at the back and reset switch. Its smart home and USB indicators are reserved for use in the future to manage your home mat features in addition to the surveillance cameras. Apps The Arlo app for iOS and Android and a web portal to allow logging in and managing your cameras from your browser anywhere you are. The opened app presents you with a split screen showing each camera and the last image captured. Each screen shows the camera name, date and time and its battery level. It also shows the motion detection icon and Wi-Fi indicator. You have to pres the play button for it to record live, this will continue till you leave the app. This video on demand feature helps a lot in saving the battery and bandwidth. When you click on the library you will have access to all the stored video and snapshots from where you can favourite, email, download to your device or delete. Motion detection sensitivity This system allows you to tune the sensitivity of the cameras motion detection. You can set the dates and time when it is enabled and disabled and also set the video quality. Performance review Pan and zoom are completely digital to save power. They must be reset in the settings so no dynamic pan, tilt and zoom. The cameras each use 4 CR123 batteries that can last up to 6 months when used optimally. The motion detection function can be configured to send push and email alerts. The cameras have a maximum resolution of 1280 x 720 and a 130 degree field of view. The 12 infrared LEDs provides up to 25 feet of night vision. It delivers sharp colored 720p videos during the day and excellent black and white video using the night vision at night though from 20 feet, the details becomes muddy. It has a couple of seconds lag between live action and the app display. The motion detection works perfectly as long as it is set to moderate sensitivity where it ignores slight movements like a moving tree in the wind. Final Verdict This Arlo Smart Home Security Camera Review shows that the security system provides a lot of flexibility in planning for your home surveillance. You can place the cameras anywhere within the wireless range and monitor your home from anywhere you are. The battery power may be the only major downside since they dont last too long but contribute to the flexibility since you can now install cameras even where there is no power source. It is weatherproof and also saves to the cloud for easy access and to provide additional security for the recordings themselves.

Irony :: essays research papers

The Ironies of 1984 The novel 1984, by George Orwell, has many examples of irony throughout it. The two major types of irony: verbal irony and situation irony, are demonstrated again and again in this novel. In the following essay I will discuss these types of ironies and give examples of each from the book. The first type of irony is verbal irony, in which a person says or does something one way, but the true meaning is the opposite. One of the first example of this irony is discovered when the main character, Winston Smith, uses the "Memory hole" to deposit things—one would think that this would be where things are remembered ("Memory"), but it’s actually an incinerator. The next example of irony comes when you learn about the departments of Government in Oceania. The Ministry of Truth is actually the maker of lies for the history books, the Ministry of Love discourages love, and the Ministry of Peace is actually quite violent. The final example of verbal Irony can be seen in the name of the leader of Oceania, "Big Brother." The concept of a big brother is one whom is older and wiser and helps the "littler siblings"—this not the case with 1984’s Big Brother. The Big Brother in this novel completely watches over every m ove a person makes keeping them controlled with fear. The next type of irony is Situation irony, which is when a character or a sequence of events appears to be headed one way, but it ends up as the opposite of what was thought. One example of this is Winston’s general health. From the beginning of the book, it is shown how horrible his health is and is continually getting worse and more difficult, but as Winston gets involved with Julia then he begins a metamorphosis into a more healthy person. Another major example is the betrayal of many of the people whom Winston thought were his friends, such as Mr. Charrington and even O’Brien- -who both worked for the Thought Police.

Addiction as A Lifestyle

For several decades, health issues have increased by more than 8.5% each year. According to a recent study conducted by the center for Disease Control and Prevention, 65% of US adults are either overweight or obese. The rate of diabetes are increasing in the United States, with a 27 percent increase seen in the last five years. The high cost of health care also poses a major threat to the nation's economy. However, health problems can be prevented to a large extent by controlling people's lifestyle. Group discussions and conversations may help people to adopt a healthy way of living. Therefore, Cybernetics which is the study of conversation/communication and control/regulation can be used to help solve this problems. This study aims at using cybernetics as a model for controlling health problems.AddictionIn developed countries of the world like USA, where the literacy rate is above 95%, people know that leading a healthy lifestyle removes the risk of chronic health issues to a considerable margin. However they most times do not adopt a healthy way of living.   Why? Addiction has ruined the healthy life style of people. For example- people may be addicted to sleeping and do not exercise, addicted to eating foods with high calories that causes them obesity and make them prone to heart problems. Addiction is a condition in which a consistent desire/craving to repeat an addicted behavior exceeds the ability to rationally stop doing so. When the more you have, the more you seem to need to achieve the same effect or result. This effect can be displayed as a positive feedback loop where the want continues expanding within the loop.Some background about feedback loops – Feedback loops are of two forms: negative feedback loop and positive feedback loop. Negative feedback loops strives towards balance and stasis by subtracting error with each cycle. A good example of negative feedback loop is homeostasis, the body's system for keeping itself chemically and temperature balanced. Positive feedback loops, by comparison, add the variations of each cycle. As a result they can become potentially dangerous as their effect mount with each event. Hypothermia, shock, heatstroke are examples of positive feedback.Figure-1 models addiction (nicotine addiction) as a positive feedback. The desire for smoking continues to increase in the loop for achieving the same level of satisfaction. The first day, Bob needs to smoke once and get satisfied. The second day, he needs to smoke twice to get the same level of satisfaction. Gradually, his cravings and urge to smoke increases along with the frequency.Controlling the Uncontrollable(addiction)The graph above (Figure-1) indicates how the addiction continue to expand in a positive feedback loop. Also, Bateson's examination of alcohol addiction contended that the very attempt to regain discretion, to be a â€Å"commander of one's own spirit†, added to the heightening of the alcoholism. Moreover, the Twelve Step Program of Alcoholics Anonymous-which has been effectively adjusted to a huge number of addictive practices, offers recuperation by â€Å"surrendering† that is, by stopping to deliberately try to stop the addiction. Subsequently, the person who is addicted does not have an essential variety to control addiction. At the point when Addiction becomes uncontrollable, how can it be controlled? Ludwig's research on Alcoholics mind demonstrates that â€Å"developing the right mind frame† (sufficient inspiration) for sobriety improves the probability that an individual can figure out how to resist his addiction .Sufficient inspiration or adequate motivation can solve the puzzle of addiction as an uncontrollable event. The diagram beneath demonstrates the cybernetic approach to deal with controlling health issues by inspiring individuals to follow a sound way of life (work out, yoga, healthy food and so on.), that is abstaining from an unhealthy way of life. Reward/Incentive SystemPeople have various needs including monetary needs, physiological needs, safety needs and esteem needs. An individual can be motivated for performing an activity using proper incentives which may help in fulfilling some of his needs. A reward system could be a web application like Weight Watchers or an organization such as a health club. Below is a model of an incentive system used in motivating a person to exercise regularly. The model also shows that the system can keep refining or modifying the incentive system to make sure that the user is always motivated.Group Affiliation/FriendsGroups, friends and circle of relatives assist in controlling addictions and regulating the manner people live. People develop trust, care and similarity in a group that offer intellectual strength for controlling their cravings. It has additionally been proved that the group association programs offer long- term remedy for addiction in comparison to short-term remedy provided through medication therapy. Self-assist programs like Alcoholics anonymous, rational healing or women for Sobriety, assist in gaining control over addiction through assisting the affected person to integrate into a self-assist group. TrustTrust is a system-related concept and that is a constantly evolving state of information acquisition, processing and feedback. Figure-4 demonstrates the system model of trust between two actors (trustor and trustee). The trustor continually accesses the behavior of the trustee against his mental model of trustworthiness, which results in increased trust if the behavior matches with his mental model otherwise decreased trust. Trustworthiness relies on three variables which relate to perception about the person to be relied on: competence, integrity and benevolence. ‘Competence' is the perceived potential of the trustee, as measured through indicators which includes training or credentials, experience, and reliable past performance. ‘Integrity' is the degree to which the trustee is considered to perform with honesty, fairness, and consistency of actions and words. ‘Benevolence' concerns the extent to which the trustee demonstrates care and consideration for people he or she interacts directly or indirectly.In addition to the above-recognized antecedent variables, trust also relies on the ‘context' within which the trustor and trustee are embedded. It could affect the extent to which the trustee is rated on antecedent variables particularly competence. For instance, a person may be perceived as competent in one context but no longer in another. Furthermore, it is essential to differe ntiate between Interactions among unfamiliar others and ongoing interactions among familiar others for trust. In a social system, trust could be unidirectional or bi-directional. Also, trust may be commutative.After the developement of trust, the trustor (Alice) feels confident and becomes willing to take actions based on the suggestions, actions and decisions of the trustee (Bob) to an extent proportional to the trust level in the trustee. Now, when Bob says that he controlled his blood sugar level by following the recipes from the diabetic cook-book, Alice feels confident the same recipes in the diabetic cook-book works and she is now motivated to follow them too. It also gives her a social proof of the reliability of the recipes from the diabetic cook-book. Figure-6 is the conversation model of this trust and social proof scenario between Alice and Bob.CareCare is also a continously evolving state of information aquisition, processing and feedback.Similarity, trust, understanding and reciprocity make the important variables. It is also dependent on context and familiarity/relationship between individuals. Below is a figure which shows a model of care between Alice and Bob and how care helps them for abstinence. Bob's behavior is matched to Alice's mental model of a person she would like to care for. If there is a positive match,then the care for Bob increases otherwise it decreases. When there is a match, she cares about what Bob's expectations are from her. She feels a sense of responsibility/accountability for Bob's expectations because she does not want to disappoint him. Similarly, Bob also does a behavior assessment of Alice against a mental model of a person she would like to care for. Its also important to note that both may have different perceptions or mental models of the persons they may like to care for. Also, care may be unidirectional as well. Now when Bob makes a suggestion to Alice about losing weight, she feels responsible/ accountable for losing weight as she cares about Bob. Similarly, Bob feels responsible/accountable for not smoking when Alice asks him to quit smoking.

Report: Louis R. Chênevert, United Technologies Corporation Essay

Louis R. Chà ªnevert was born in 1958 in the Quebec province of Canada. Raised on the outskirts of Montreal, Chà ªnevert spent his childhood and adolescent years close to his community. With close ties to the area, he attended the University of Montreal. In 1979, he graduated with a bachelor of commerce in product management. Upon graduating, Chà ªnevert was hired by the General Motors Corporation in St. Therese, a suburb of Montreal. From 1980 to 1994, Chà ªnevert spent the duration of his primary career at General Motors. During his employment, he continually pursued challenging positions. Before resigning in 1994, he achieved the position of Production General Manager; he was promoted to this position when he was only 33 years old. His pursuit of attaining challenging executive management positions did not end there; it was only the beginning. After resigning from General Motors, Chà ªnevert accepted the position as Vice President of Operations at Pratt & Whitney Canada, a su bsidiary of the United Technologies Corporation, UTC. While in Canada from 1994 to 1997, Chà ªnevert instituted what is called lean manufacturing principles; these principles immensely enhanced the plant’s efficiency. In turn, these principles stream lined operations and made the Canadian sister company of Pratt and Whitney a profitable business. In 1995, he was recognized by Quebec with the Nouveaux Performant award for â€Å"outstanding young leaders.† (Bloomberg/Businessweek) As Vice President of the Canadian operation of Pratt & Whitney, Chà ªnevert gained the respect of his fellow peers, and gained recognition by the executive management team of UTC. From 1997 through 2006, Chà ªnevert significantly ascended the corporate ladder. In 1997, he was appointed as the executive vice president of operations and aftermarket services for Pratt & Whitney’s Connecticut operations. This appointment laid the ground work in obtaining a thorough understanding of the core subsidiary business of UTC. In 1998, he was promoted to President of Pratt & Whitney’s Connecticut operations. And in 2006, Chà ªnevert continued his upward ascent in executive management as he became Chief Operating Officer of UTC. After becoming Chief Operating Officer, Chà ªnevert was groomed to be the successor of the then current CEO  and Chairman, George David. David took Chà ªnevert as his apprentice to prove to Wall Street and investors that Chà ªnevert had what it took to run a successful operation. (Wall Street Journal, On-Line) After two years of grooming, George David stepped down and handed the reins of the technology conglomerate to Chà ªnevert. The successful mentorship by George David, and quick study by Chà ªnevert, provided a smooth transition from one CEO to another. On April 9, 2008, Louis R. Chà ªnevert was appointed Chief Executive Officer and Chairman of UTC. Since his inception, UTC has diversified their portfolio with technology related mergers to further allow them to position themselves globally as a leader in the technology field. This diversification of U TC’s portfolio has allowed UTC to weather the current economic downturn better than many other corporations. His current yearly compensation of $1,435,000 is not merely as much as his bonus of $1,700,000. He was rewarded with $6,217,560. in restricted stock awards, and $11,149,152 in other compensation. His total compensation for 2009 ranked him 41st in CEO payout. (Forbes.com, CEO Compensation) What I find most striking about Louis R. Chà ªnevert’s role as a leader is his ability to leverage his experience from the past while listening attentively to his peers to make solid decisive business decisions. This approach allows him to make informed decisions when uncertainty is looming. He presents himself as an authority, yet conveys this authority politically correct. His professional business etiquette portrays him as a man of distinction. Besides having these strong leadership traits, his in-depth involvement as a philanthropist goes beyond giving exuberant donations. Chà ªnevert becomes deeply involved in monitoring how his donations are used. His work-social life balance projects an admirable image beyond that of a typical CEO. Outwardly, he conveys a confident distinguished image with an old world style mannerism. He is a CEO for our times. He combines the distinctive traits of listening, decisiveness, and philanthropy to leverage his authority in conducting sound decisions while keeping a positive outlook. He is a combination of many traits, but remains conservative in his approach to work. In such volatile economic times that we face today, Chà ªnevert has the leadership skills needed to successfully run this corporation while pursuing meaningful philanthropic obligations outside of the norm. Chà ªnevert’s ability to leverage his experience comes from a thorough understanding of the business  because he started at the bottom and worked his way up. This experience has allowed him to turn companies around during economic downturns while maintaining a positive attitude and workforce. This ability to see positiv e in unlikely situations has always found favor with fellow workers and shareholders. Bloomberg News recently interviewed Chà ªnevert who made the remark that â€Å"Bombardier has a ‘full pipeline’ of potential C-Series customers and expects order announcements by year-end.† (Bloomberg 09-01-10) Pratt and Whitney has been on the losing end of its share of commercial customers, but this news brings enthusiasm to their workers for developing the engines which will keep Pratt and Whitney in the commercial jet engine business. Not only has this re-invigorated the workforce in these unprecedented economic times, but it has kept UTC’s stock price in good standing when other companies are struggling. Chà ªnevert seems to always find a way with words even when faced with downsizing to stay competitive. In a recent article in â€Å"Aviation Week†, Chà ªnevert exclaimed â€Å"our results and diversified portfolio show Pratt is well positioned to withstand the tough times we have in front of us in the next few months. It’s a good posi tion to be in.† (Aviation Week, Morris) However, Chà ªnevert’s restructuring efforts for increased profitability has not always been favorable with fellow workers or local politicians. In order for UTC to stay within operating budgets, he was tasked with slashing thousands of jobs in Connecticut. While facing uncertainty in the current economic recession, the decision to downsize further was a decision he had to make immediately—and he did. This decision did not sit well with the Connecticut legislature either, but as Chà ªnevert explained, difficult times meant making difficult decisions to keep the corporation profitable. His experience from the past has led Pratt back to profitability while keeping the workforce and shareholders thinking positively. Chà ªnevert has always been known to give direction decisively in times of uncertainty. His ability to make hard decisions has proven his leadership ability. In difficult economic times, Chà ªnevert was able to make the tough decisions immediately to keep UTC in a positive profit margin. Tough choices need to be made and Chà ªnevert is no stranger to that. From his beginnings with UTC, Chà ªnevert has had to make tough choices regarding employee restructuring. When he became Vice President of operations in 1993 at Pratt and Whitney Canada, he faced poor financial performance with low  employee morale. His decision to restructure with changes in key management positions allowed Pratt Canada to rebound from a negatively performing business unit with low employee morale. This restructuring event led to positive financial results with higher than expected employee morale. Pratt and Whitney Canada is now considered one of the best Pratt facilities to work at. Besides restructuring at Pratt and Whitney Canada, Chà ªnevert’s role with investing in new technologies in Connecticut and driving the pursuit of quality excellence through UTC’s ACE, (Achieving Competitive Excellence) operating system has allowed Pratt and Whitney to exceed their financial and quality goals over the past couple of years. His focus on continued implementation and promotion of this system at a time of turmoil may have seemed to be risky, however, the results of doing so have been rewarding. Chà ªnevert understands competitiveness cannot be achieved without taking risks, and he understands inaction only leads to poor performance. From an online April 2008 Wall Street journal article titled, UTC, Textron profits get a lift from aerospace, Chà ªnevert boasts â€Å"this quarter’s results are further evidence that our business model, with its focus on global growth through market-leading franchises and cost reduction through the implementation of the ACE operating system, can deliver solid results even in a softening economic environment.† Chà ªnevert’s persistence in promoting continuous improvement is a testament to his ability to make difficult decisions in times of uncertainty. This approach to making informed decisions decisively shows his focus towards success. Furthermore, Chà ªnevert’s dedication to society through his commitment to charitable organizations, and investment in local and national interests goes beyond a good will gesture. He is recognized as a leader in all aspects of society. Chà ªnevert is an advisory member to several other boards within the local community and abroad. He is an avid advocate of cancer research and is heavily involved with getting funding to the appropriate research programs and projects. In a Yale Medical Publication, Chà ªnevert is recognized as not only a contributor, but a man who asks probing questions to further cancer research and give the patient the best care possible. Dr Richard L. Edelson says, â€Å"He understands the importance of having all the services for cancer patients in the same place, rather than dispersed throughout the medical center.† (Medicine @ Yale) Chà ªnevert gets involved. He listens, and gets results. His ability to put himself in other people’s places allows him to make great decisions regarding any endeavor he gets involved with. His dedication to the well being of local organizations is yet another testament to his leadership ability. There are skilled CEOs with exceptional experience, and there are also skilled CEOs with minimal experience. Very few have the varied traits and experience to perform at exceptional levels. Chà ªnevert has both these traits plus a new world ideology that allows him to operate in the toughest of economic times. I consider Chà ªnevert more than a business leader; he is multi faceted dynamic entrepreneur. Throughout Chà ªnevert’s career, he has been called upon to make change with every organization he has ever been affiliated with. Whether business or civic, his positive can do attitude has been a guiding light for his corporation and others to follow. He will lead UTC, and all organizations he is involved with to a new level of prosperity and good will. His ambition towards getting things right is no less than remarkable. Although new to the CEO position, Chà ªnevert will be recognized for his persistence of pursuing to understand, and executing decisively for results. In these unprecedented economic times, Chà ªnevert has the experience a corporation needs to not only withstand the current economic downturn, but to come out of it stronger than when it began. His ethical and moral values as a business leader and philanthropist should be a model other CEOs should follow for our country to once again lead in economic prosperity. Works Cited CEO Compensation. â€Å"#41 Louis R. Chà ªnevert†. 04-28-10. 6:00 pm edt. Forbes.com. http://www.forbes.com/lists/2010/12/boss-10_Louis-R-Chenevert_FTA5.html Hinton, Christopher. â€Å"UTC, Textron profits get a lift from aerospace.† Market Watch. http://www.marketwatch.com/story/united-technologies-textron-profits-gets-lift-from-aeropace.html. April 17, 2008. Layne, Richard. â€Å"Bombardier Posts Quarterly Earnings of 8 Cents a Share, Matching Estimates.† http://www.bloomberg.com/news/2010-09-01/bombardier-net-drops-27-percent-as-jet-deliveries-decline.html. Sept 1, 2010. Lunsford, Lynn. â€Å"Prepping a Successor to UTC’s David.† Wall Street Journal Online. http://online.wsj.com/article/SB120768855981199187.html. April 9, 2008. Morris, John. â€Å"Louis Chenevert, President & CEO, Pratt & Whitney.† Aviation Week. http://www.aviationweek.com/shownews/02asial/newsmk10.htm. Medicine @ Yale. â€Å"Quick Study, bighearted contributor.† Vol 4. Issue 4. Sept/Oct 2008. http://www.medicineatyale.org/v4i4_sept_oct_2008/sept_oct_08.pdf. United Technologies Corp. UTX:New York. Bloomberg Business Week. http://investing.businessweek.com/research/stocks/people/person.asp?personId=191172&ticker=UTX:US.