Balance Your Managerial Life

Comments (20)


We have only one life, but we live in three overlapping worlds-our business world, our family world, and our other social world. Imagine bringing your spouse and kids to a meeting with seven of your salespersonnel. Sitting off to your left, Miss Wright asks the question on the minds of all her fellow sales colleagues, "Why did you bring your family to our meeting today? Will they be playing any sort of role in our discussion?" You simply respond, "No, they're just here so I can tend to their needs."

Of course, this is a highly unlikely scenario. You don't bring your family into work with you every day. However, Heather Howitt does. Howitt, the CEO of Oregon Chai in Portland, Oregon, balances motherhood with her responsibility of running an eleven million dollar manufacturer of tea lattes. "Our office is a very casual place. We've got a family element going on here."

Living in the rain soaked city of Portland, 32-year-old Howitt often arrives at her office lightly splattered with mud. She often spends her lunch break taking her one-year-old son, Sawyer, to a nearby park, or to her nanny who takes him home. On other days, she simply places him in his crib in her office.

With the growth of her company, Howitt hired some key executives including a chief operating officer to manage operations and finance. She also delegated the sales calls that she used to make herself. "I used to come in at 6 a.m. and make calls nonstop," she explained. "I don't have to do that anymore." Howitt positioned herself in a way so that she is no longer personally over-worked or over-challenged by her daily responsibilities at the company. She balanced her business and private life. She not only recognized her strategic contribution to the success of Oregon Chai, but she also appreciates her unique role in the life of her young son.

As an entrepreneur or a business executive, you must give your best in two entirely different worlds. The needs of your business and the needs of your family and friends compete for your time and attention. And both expect the very best from you. Heather Howitt found one way to do it; you may have another way.

To enjoy both the rewards of business success and family fulfillment, you need to constantly work to keep your balance. To successfully tackle the challenges of a fast-growing company, you need all the personal resources that come from a balanced life. "How do you develop a balanced business personality?"

Some entrepreneurial executives suffer from dangerous imbalance. Others achieve top excellence in maintaining optimal balance. "Early in my career, I use to think that entrepreneurship was more an art than a science, that it was a gift or something," says Cherrill Farnsworth. "I don't believe that anymore." Entrepreneurial leadership is not some automatic personality trait or some artistic talent some people are just born with and others happen to lack. Instead, entrepreneurial effectiveness with a balanced life is a dynamic process that you must constantly work at. If you don't keep developing and nurturing your entrepreneurial personality, it might just die. Then, only drastic action might revive that entrepreneurial spirit.

That's exactly what happened to Sam T. Goodner. His software company, the Austin-based Catapult Systems Corp., ranked 77th among the fastest growing companies in America while Goodner served as the founding CEO. At age 33, Goodner decided to step down as CEO of Catapult to take on the new challenge of serving as CEO of Inquisite Inc., a Catapult subsidiary that sells software over the Internet. But Goodner soon found his new digs to be "harsher, more spartan" than what he was accustomed to. "Half of it is actually under ground," he explained, describing his much less attractive new office space.

But Goodner was not complaining. After all, it was his own idea to leave the comfortable CEO position of Catapult with a staff of 115, to head Inquisite Inc., with only 20 employees. But now something was wrong. To be sure, there were plenty of challenges to attend to. The phone rang for his attention, paper kept filling the "in" box, and email messages steadily came in from employees, venders, and customers. Every day, and every hour, urgent decisions had to be made, so much so that anyone in his shoes could have been overwhelmed by the "tyranny of the urgent."

But increasingly, he felt like he was only reacting to demands and not taking a visionary proactive role any longer. And too often, long hours of work would crowd out what he'd prefer to do in his home and personal life. Even worse, he realized that even if he could experience any gratification in his personal world, it could not make up for what was missing in his business world.

"I had none of my entrepreneurial creativity left," Goodner reflected. "I was falling back on what was easy. You know that's happening when you start just going through your email all day long." Recognizing that his former entrepreneurial spirit was gone, he resigned and hired a new CEO to head the company.

Perhaps Goodner had already achieved financial independence and had other worthy goals to pursue in life. In that case, relinquishing his CEO position could be the best decision to make. But could there have been another way to recover his entrepreneurial spirit with a healthy balance of attention to work, family, and friends?

Entrepreneurial functioning can range from the low level, "You are personally over worked and over challenged"-to the most desirable level, "You regularly implement action plans to improve every aspect of your life."

The lowest level of functioning leaves your company endangered. Top management is personally over worked and over challenged. The unrelenting urgent matters of your business seem to demand so much of your time that you go to work earlier and earlier, and stay later and later into the evening. You are like a runaway tire, rolling down a steep hill, turning faster and faster and faster until finally, you run out of control and then crash. "There must be a better way." And you are right! There is.

"Over the past three years, I've been able to identify gradually what things I can give to my CPA, or to my bookkeeper, or to my office manager. I read about people who work 60 or 90 hours a week and build multimillion-dollar businesses at the expense of their health and family. Those aren't success stories in my book. Success is having a multimillion-dollar business and the other stuff, too," says 40-year-old Tom Melaragno, founder of the $7.) 6-million Compri Consulting, an IT consulting and staffing firm founded in 1992.) Although he put in 12-hour days when he started the business, today he works just 8 or 9 hours and makes sure he's there to watch his two sons' Little League baseball games in the summer and coach the older one's football team in the fall.

Taking a proactive stance means you take control to invest your life wisely. Scott Tinley is an extraordinary triathlete who has competed in more than 350 triathlons including 19 Hawaii Ironman triathlons. The triathlon is an endurance sport involving swimming, bicycling, and running. Amazingly, Tinley has won nearly 100 races. "This sport is about a combination of personal challenge, camaraderie, and achievement of self-knowledge," Tinley explains.

Tinley is more than just an athlete; he is also a successful entrepreneur. He co-founded a company that produced athletic clothing-Tinley Performance Wear. He and his partners built the business over 8 years, reaching about $10 million in sales. In 1992, they sold the company to Reebok. But even more than just being a triathlete and a wealthy businessman, Tinley is also appreciated as a writer, traveler, father, and husband. As productive as he is in many areas of life, he has not lost sight of the balance he needs.

Tinley explains the work-life balance he maintained over his 20-year career as an athlete, husband, father, and entrepreneur: "A lot of people have this image of self-management, that it means you have to drive yourself and force yourself to get things done without somebody looking over your shoulder. It is actually quite the opposite: You have to force yourself to have balance in your life and be efficient in all things you do."

He has recognized the importance of what he calls a "precarious balance between preparation, competition, professionalism, support systems, and the world of family, friends, and paying the rent." He has not lost sight of the fact that among the best things in life are family, friends, and a quiet run in the park.

This is the kind of balance that John Chambers, CEO of Cisco Systems has also achieved. An interviewer, asked, "What would you like to have accomplished and what's next after Cisco?"

"The most important thing to me is my family, and that doesn't change. My wife of 25 years is a perfect balance for me. When I get down, which I occasionally do, she brings me up, and on rare occasions if I get a little bit too confident she brings me back down to earth too."

"I've got two kids I'm tremendously proud of and they are my life; so my family is first, second, and third in terms of my priorities. And when I'm at home, as my wife reminds me when I walk in the door, I'm not the CEO anymore. So at home, I'm like anybody else. Carrying out the garbage, changing the light bulbs, and so on."

Chambers illustrates how a proper balance between one's executive performance and other dimensions of life can contribute to both personal fulfillment and business success. An awareness of the need for balance has prompted many executives to make some crucial decisions in their day-to-day business and personal life that protected them from failure so they could just become an "enduring survivor."

But, no doubt, you want more from life than just maintaining a mere survivor level. You want to excel as an executive leader, and also thrive, not merely survive, in your personal life. So beyond the awareness that comes from self-assessment and evaluation of your priorities, there are additional steps to take in order to reach the top level of having all that life can offer.

Forty-year-old Mark Holland is the founder of a thriving company, Ascend HR Solutions. At the beginning of every workweek he pulls out a message that reads: "Wendi is the most important person in my life. My family comes before work and other activities. I live my religion. I provide the financial security for my family. Our home is a retreat from the challenges of the world. I have a positive attitude, looking for and developing the strength in others. I help people develop and grow, including, when appropriate, holding them accountable. The outdoors provide a needed sanctuary and retreat for me."

Holland wrote this personal mission statement in 1998 following a major crisis in his business. That year the firm lost $800,000, which caused significant problems in his partnership. Holland experienced so much stress that he lost nearly 20 pounds.

Then a business seminar inspired him to write down his life mission statement. Holland admits that the seminar gave him "a good smack upside the head." He resolved to never again sacrifice his family and health for the sake of his business.

Over a two-year period, Holland's personal mission statement grew into a life plan for himself and his wife. "We asked, 'What are the important things? What do we want to have happen before we die?'" Now they have a 30-year planned life itinerary on a spreadsheet that covers college savings, retirement, vacations, exercise regiments, relating to God and spiritual activities, work goals, personal growth, and personal relationships.

Holland constantly improved himself by regularly pursuing clear, written personal goals and life motto. Writing down your personal goals and a life motto not only helps you clarify the kind of balance you want to achieve, but also gives you a written reference to check week by week. Many people refine their goals and motto over several year's time.

Mark Holland and his wife, Wendi take long walks together at least twice a week with their two-year-old daughter on Mark's shoulders and their five-month-old son snuggled in Wendi's front pack. Once a month, on one of those walks, they discuss and review their life plan thoroughly. "The plan is dynamic-it changes. It's been really good for getting our relationship and our lives back to where they needed to be," Holland says.

This practice of regularly reviewing their life plan indicates that Holland progressed to the highest level of functioning under balancing ones managerial life. At this top level, you constantly implement action plans to improve the balance of all five dimensions of your life.

Paul N. Howell, CEO of Howell Corporation, named an additional crucial characteristic of a successfully balanced entrepreneurial executive: "The willingness and demonstrated ability to conduct him-or herself-on a high moral and ethical level in both business and personal life. Without it, success is uncertain and short lived."

At the highest level, people who interact with you can see the sterling qualities of your servant leadership. Your executive actions are guided by clear plans that continually balance and rebalance all the dimensions of successful living:
1.) Executive Success: Servant leadership, management skills, and
career development.
2.) Loving Relationships: Serving family, friends, and the needy.
3.) Healthy Lifestyle: Regular exercise, good diet, and regular
medical care.
4.) Emotional Well-being: Stress management, recreation, and
psychological stability.
5.) Spiritual Maturity: Ethical character, commitment to ultimate
values, peace with God, and devoting oneself to life's greatest
spiritual priorities.

At this level, you regularly "retreat" from your usual executive responsibilities to rethink your personal mission, vision, and action plans. You deliberately make a continual concerted effort to maintain the delicate balance you need for a fulfilling life.

"Balance Your Managerial Life" was excerpted from There's Room at the Top: 33 Dynamics for Managerial Excellence, 2004, pages 44-51.)

Copyright 2004, by Uxbridge Publishing Ltd. Co. All rights reserved.

About the Author

Matthew Rekers, M.B.A., is the President and CEO of 33Dynamics LLC. He previously served as the President and COO of Rekers and Company LLC. Mr. Rekers earned his B.S. in Business Administration, cum laude, from the University of South Carolina with a major in accounting, and his M.B.A. degree from Winthrop University. He is a business consultant for 33Dynamics Consulting LLC. He can be contacted at matt@33dynamics.com. Visit our website at www.33dynamics.com.

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Comments

Alias 26.02.2010. 05:20

Doesn't the pendulum have to swing between Unionism and Capitalism to attempt true balance? In all the debating between Socialism (or Unionism) and pure Capitalism, isn't the optimal somewhere in the middle? Aren't both extremes detrimental to any social fabric?

Wouldn't the best economy (as shown by some real-world examples) be somewhere in the middle?

Alias

Admin 26.02.2010. 05:20

I think it is a definite principle to describe the aims and goals and continuous demands of the unions in this world. It has raised the eyebrows of the many observers for those over paid GM auto workers, making a total of US$ 75 /hr to cover their health insurance and services and fringe pension benefits. It is necessary for the managerial personnel to strife hard for the reasonable demand and economic balance and seat with the union representatives for days and nights in the bargaining table. This has reflected the human sins of greed, selfishness, fear of losing or reducing the individual assets gradually separated this world into different parts and resulted with those powerful groups get the money by all means. Some examples you may find pertinent to your question.
http://search.yahoo.com/search?p=The+most+remarkable+debates+between+union+members+and+the+management+in+the+US+history&xargs=0&pstart=1&b=11&xa=GJPQi7eZtcvP.O8VUI5zSA--,1267254719
For instance, the civil servants of Hong Kong is a typical militant union where only unidirectional wage of ups but no wage cut in history and the utmost is the wage frozen with example of wages remained the same for three years. Due the good for nothing chief executive, Donald Tsang Yum-kuen did raise his already too much overpaid salary of HK $340k to 430k per month. Instantly, all Hong Kong too much overpaid lower rank civil servants got an average raise of 6% and a few (middle and upper ranks) got a 10-20% salary on their supposed roll back salary by 2-5% as what the Singapore public sector did in the recent years of Economic down turn. It will no economic balance for the city of Hong Kong as a whole with the current situation of 2 millions out of the total 7 millions are living under the poverty line. Hong Kong has the most severe poor and rich gap in Asia is determined by its poor ginni coeffecicient of 0.56 which is too far from the norm of 0.3. Hong Kong is boasted has an average monthly income per working person of HK $ 48k per month. Obviously, there are too many overpaid VS too much underpaid. How can we balance the econonmic turnmiol of widdened poor and rich gap? Who or can Hong Kong government can bridge it?
I think the best economic approach for Hong Kong peoples as a whole is to adjust the wages disparities among public sector, private sectors, particularly those officials and politicians or law makers and those sharing the wealth of HK working professionals for the HK authority. It will be a fair and possible leading to a true balance by lowering the civic service groups salaries by at least 6% (just roll back to the original pay) to 60% of their overpaid salaries and finally to convince the private sectors to raise the non civic workers by 3% to 20% is just about right. This will be leading Hong Kong to become a city of harmony and econonic true balance for alomst all or at least the public at large. We all sick and getting tired of seeing the dialy protest, dailing bitching of the many against the god damed chief executive, and a few (my hudsband once joined the group) are curved him to drop dead. Hong Kong has the harsh life for many, including my family and relatives living in Hong Kong. Do you believe the video of the cage man?
http://search.yahoo.com/search;_ylt=A0oGklrWfodLNTABpIVXNyoA?p=CNN+video+show+peoples+live+in+cages+in+Hong+Kong&fr2=sb-top&sao=1
It is true.

Admin

FACE 15.08.2011. 23:04

What has the best career potential: Accounting or Finance? What has the most entry-level jobs/hire percentage?

What make more money initially?

What makes more money down the road (perhaps as something a step 'higher' than accounting/financier)?

Any other info you wish to add/and or opinions are welcomed and appreciated.

Thanks!

FACE

Admin 15.08.2011. 23:04

One huge misconception that people have about accounting major is that you only get to become an accountant after getting a degree in it.

The reality is, accounting major can be an excellent "launcher" degree that can launch you into various business field, including Finance. Let's be real here: what is Accounting? It is basically collecting data and info about the financial activities and situations of a company and organizing it into financial statements. Finance is using those statements to analyze and predict the company's future and making decisions on allocation of resources, which includes investment and m&a decisions, based on the analysis. Just because you major in accounting doesn't mean you can't do any of the thing that finance majors can, vice versa. If you don't know accounting, you will have very hard time with "finance" jobs such as banking and consulting. Think about it, if you don't know how to read and understand what income statement or balance sheet means, how would you be able to analyze a company's situation?

The point I'm trying to make here is, the two majors can get the same kind of job. Just because you major in accounting doesnt mean you'll have to be an accountant for the rest of your life. As a matter of fact, most people get CPA and end up becoming bankers and consultants. That's why accountants are categorized as "financial experts" because they have to be able to understand all aspects of the company's financial condition and be able to provide advises on making both managerial and financial decisions.

Admin

George r 28.01.2008. 13:32

Is it hard to become a highschool economics teacher ? teach economics at highschool, and also social studies ?

I am in Australia.

George r

Admin 28.01.2008. 13:32

I am not familiar with the school system in Australia, but from an administrative perspective, teachers are assigned in such a way as to fully utilize them relative to the needs of the school (and hopefully the students).

I am not sure if your question is couched in the context of the educational preparation. If it is, the answer lies within you, your motivation, interests, etc.

If it is the context of the work environment, I see the answer touching on 3 areas: the students, the administrators, and the community. Ultimately, the success of your work is how well you will prepare students to be viable members of society. To do this well, you need to develop rapport with the students, balance their educational needs with your job requirements with an eye to the changing world of work as it pertains to your students. You need to do this in the eyes of an administration which may or may not support you and your work...they have responsibilities to a "higher" authority which is often disconnected from the realities of students, classroom, and community. Often, their world is more political, financial, and managerial than educational. The community is the litmus test, and the results of teaching may or may not manifest themselves immediately...some lessons only really take hold much later in the minds of the students.

Economics is often taught in a very theoretical way here in the US...and in many other places I have taught (mostly the Asian-Pacific-Indian Ocean ---but not Australia, unfortunately). I was able to successfully connect with the students by being able to relate the lessons directly to their immediate lives. Thus, the lessons became alive. Students perceived the lessons to be very practical and could take them from the classroom directly to the street and get results. This got them excited about learning more. This applies to any subject, not just economics. You can do the same.

It's basically the same with all teaching. If you are passionate about education and empowering people through understanding, you should be a teacher. But this general attribute of being passionate about the subject/field applies to any job.

Hope this helps. Best wishes.

Admin

AllTheAbove 20.09.2010. 01:58

What is the amount of amortization of this bond? Bond Face Value: 5,000,000
Life of bond: 5 years, interest paid semi-annually
Contract Interest Rate:10%
Market Interest Rate: 8%
Selling Price: 6,000,000 (I think)

This would REALLY help. Stuck at this part in a Managerial Accounting project.

AllTheAbove

Admin 20.09.2010. 01:58

You need to know how long ago the bond was issued to know the amortization. Your bond should sell at $5,405,544.79 given those inputs. The amortization schedule of the bond from periods 0-10 would proceed as follows (listed in negative values because this is a liability account on the company balance sheet):
($5,405,544.79)
($5,371,766.58)
($5,336,637.24)
($5,300,102.73)
($5,262,106.84)
($5,222,591.12)
($5,181,494.76)
($5,138,754.55)
($5,094,304.73)
($5,048,076.92)
($5,000,000.00)

Admin

Tanner Hertzog 23.09.2012. 21:55

Applied Mathematics for the Managerial, Life, and Social Sciences, by Tan? A group of private investors purchased a condominium complex for $3.5 million. They made an initial down payment of 15% and obtained financing for the balance. If the loan is to be amortized over 11 years at an interest rate of 11% per year compounded quarterly, find the required quarterly payment. (Round your answer to the nearest cent.)
$

Tanner Hertzog

Admin 23.09.2012. 21:55

loan to be financed = 3,500,000 - 15% = 2,975,000
PMT = PVr/(1-(1+r)^-n) with r & n adjusted for periodicity
= 2,975,000*(.11/4)/(1-(1+.11/4)^-44) = 117,396.48 <------

Admin

Charlie 06.07.2008. 04:32

What effects do Mercury and Venus in Libra have on my personality? I have a Virgo sun and mars, Leo moon, and Aries rising.
Do these placements make me act like a libra? Do they even have a big influence like the rising, moon, and sun do?

Charlie

Admin 06.07.2008. 04:32

Venus in Libra - Libra Venus



Venus in Libra indicates that you very attractive to the opposite sex. Your natural charm, social grace, good looks, social ideals and affectionate nature break down all barriers - you will have many opportunities for romance and marriage. To a very marked degree your general well-being and emotional health depend on sound and meaningful relationships - both social and romantic. You do have an affectionate, sensual and romantic nature, but love and sex are not sufficient incentive to marriage - your partner will also have to demonstrate intellectual, social and companionable qualities. You seek harmony and balance in marriage and social life with a desire to please and be pleased. Generally, you are laid-back, easy-going and hate any form of discord - you will go to great lengths to avoid social and domestic conflict


Mercury in Libra - Libra Mercury



Mercury in Libra gives you a well-balanced, honest and refined mind. You will not be too fond of study or educational pursuits generally. However, when pushed, you are well-capable of much hard work and success in this area. Your mental disposition is concerned primarily with human relationships and social matters. Therefore, suitable fields of endeavour are psychology, sociology, public relations, astrology and law. Happiness in marriage and other close relationships is important to your psychological well-being and much mental effort will be expended in this area of your life.

sun in virgo link:
http://www.chartplanet.com/html/Virgo.html


MARS IN VIRGO

These productive and busy people are goal-oriented, practical people. Although they can be a little scattered at times, simply because they are doing so many things at any give time, Mars in Virgo natives get things done?quite well! They have a knack for handling a wide variety of tasks at once, and a tendency to take on perhaps too much at the same time.
Most Mars in Virgo natives are not particularly aggressive by nature. Although they can be a little hard-nosed and critical at times, they rarely resort to pushing others around. Still, an annoyed Mars in Virgo native can be difficult to be around! Arouse their anger and they turn into complaining, over-critical nags. Generally, these natives don't make themselves nuisances, so this stage is unlikely to last for very long. It is a sensitive position, however. It doesn't take much to make these people nervous.
Mars in Virgo people are quite protective about their "system" for getting things done. Although rather humble in a general life sense, they can be quite particular about their methods?how they organize and accomplish their goals, mostly with work. Theirs is a nervous energy. Although they have some staying power, they can be restless and are not given to sticking with the same projects for too long.



Moon in Leo - Leo Moon



The Moon in Leo suggests a proud, honourable, generous, honest, high-minded, candid, warm-hearted, faithful and somewhat dramatic emotional nature - fond of luxury, pleasure, speculation, fine clothes and the opposite sex. You have the ideal temperament for managerial posts and other positions of authority, especially those that bring you into the public limelight in some way. You require the appreciation and admiration of others to feel emotionally secure. Music, poetry and painting will have a soothing and therapeutic effect upon your nature.


aries rising link:
http://www.astrologycom.com/ariesasc.html

Admin

Aaron 09.06.2010. 10:50

Why Top MBA Colleges in Delhi Groom Students Sincerely? A tough entrance test is just the tip of an iceberg. After getting admitted to one of the top Masters in Business Administration (MBA) colleges in Delhi, the students can immediately understand how well they start the grueling feat of becoming tough, resilient, and intelligent managers. In short, grooming of students is one of the important aspects to success in management administration. Top MBA Colleges in Delhi give a lot of importance to grooming of the students. No wonder, an immature student grows up to be a matured manager and armed with the powers to decide correctly in the corporate field.

College Ambience
Top MBA Colleges in Delhi are markedly different from the ordinary ones available in the city. The reason for their success is the superb ambience they provide to the pupils. Learning institutions should have the atmosphere where knowledge can be imbibed, applications can be thought properly, and understanding of a subject done methodically and carefully.

A noisy, hapless milieu would not only hamper growth and development of the management trainee but also take away the very essence of his learning. Individual development can foster only when the ambience is ripe enough to augment the growth.

With the competitive and positive atmosphere in the class, the students slowly imbibe the learning. This is further, reflected in their change in behavior. No wonder, Top MBA colleges in Delhi often ask for residential learning facility where the students stay in a hostel to pick up the managerial traits slowly but steadily.

Facilities for Grooming
To metamorphose a student from his indecisive self to a more decisive matured individual, care must be taken by the management institute to nurture the personality of the students.

Facilities which help in grooming a management student in this way include books, lectures, library work, lab work, and similar utilities. When a lot of input is given, the student has the scope to think and think further. A lot of knowledge, case studies, and lectures have a positive effect in him.

Top MBA colleges in Delhi offer such knowledge and positive ambience for the student to muse over the learning. This changes the personality of the individual for the better.

Practical Training and Hands-on Experience
The entire management session provided by the top MBA colleges in Delhi offer practical trainings and on-the-job sessions to make the learning as useful as possible. For instance, surveys are important part in management. Sincerely, managers need to find out the truth through surveys. Then, they need to place the data on graphs to check the schematic view of the survey.

Practical applications would mean conducting door-to-door surveys personally and getting data correctly. The hands-on application of a finance manager would mean that he works in a bank, fill in the balance sheet, and such related activities to hone his managerial skills.

Under the supervision and guidance of the institute, top MBA colleges in Delhi offer such real-life situations. A monotonous and painful survey and data interpretation can actually help a management student transform into a future General Manager of a top MNC.

Co-Curricular Activities
Top MBA colleges in Delhi know how to manage the time of its students well. Although, there are a lot to be imbibed, studied, and perused, the institute take care that the students pursue hobbies, team activities, games, and sports.

Many top MBA colleges in Delhi have sports complex, and facilities to foster hobbies. They also organize team activities, including football, hockey, cricket, and debate sessions to help the students polish their interpersonal skills and team playing spirit.

Grooming is an important part in management training and care is taken by all top MBA colleges in Delhi to polish students for better managers.

Aaron

Admin 09.06.2010. 10:50

Very impressive but what is your question!

The qualities you mentioned can't be centered around one college. One Institute may be good at one thing and other at another thing. All these at one place are hard to get. May be IIM Ahmedabad has all these, may be because of this it is the Top ranked Management Institute in India.
Our main consideration always remain at these points. The course and institute should have approval from UGC/AICTE. .The institute should have good infrastructure and facilities and faculity with good placement to its students.

These are the best Institutes in Delhi for management study.

Faculty of Management studies, University of Delhi
Indian Institute of Foreign Trade, Qutab Institutional Area
International Management Institute, Qutab Institutional Area
NIILM Centre for Management Studies, Badarpur
Lal Bahadur Shshtri Institute of Management, R.K. Puram
Rai Business School, Mathura Road
Jagan Institute of Management Studies, Rohini
Fortune Institute of International business, rao Tila Ram Marg
hsj

Admin

Aaron 22.09.2010. 09:52

What are the factors of social mobility? Thanks:)
How do they affect social mobility? Thanks:)

Aaron

Admin 22.09.2010. 09:52

EDUCATIONAL FACTOR:
Wages and earnings tend to correlate with the amount of education a person has obtained. In 2003, those workers with less than a high school diploma earned a median income of $21,000; while those workers with a four year college degree earned a median income of $53,000 (James 2005). The poverty line in 2005 according to the U.S. Department of Health and Human Services was $19,350 for a four-person household; therefore, those with less education are more likely to be bordering on this line than those with more education. With a college degree, it is more likely for one to attain a professional-level job wherein he or she may earn a higher salary in comparison to someone working in a secondary, service-based job.

Higher educational opportunities are necessary in order to pull away from the poverty line. Of the 30 fastest growing occupations, more than half require an associates degree or higher. Yet, these jobs are less likely to supply additional jobs to the labor market; meaning, the majority of job growth is found in low-wage jobs (Jacobs 2005). These low-wage jobs are associated with those people who have less education. Workers in these areas are deemed unskilled because it does not require a great amount of education in order to perform these jobs, so the stereotype goes.[citation needed] White collar jobs, however, necessitate more human capital and knowledge and therefore produce higher earnings and require greater education. Therefore, it can be understood that education is a main determinant for potential social mobility in the American workforce.

GENDER and RACE FACTOR:
When examining status mobility within the American labor force, race and gender inevitably come into play. History has shown that women and minorities have a disadvantage in earning promotions; thus, being a woman or minority is one of the main determinants in hindering status mobility within the labor market.

Women and minorities hold jobs with less rank, authority, opportunity for advancement, and pay than men and whites (Federal Glass Ceiling Commission 1995; Reskin & Padavic 1994). This concept is considered to be the "glass ceiling" effect. Despite the increased presence of blacks and women in the work force over the years, there remains a very small percentage that holds top managerial positions, implying the "glass ceiling."

In regards to women, another explanation for this "glass ceiling" effect in the American work force is due to the job-family trade off that women face compared to men. Data from the 1996 General Social Survey examined the trade-offs that women and men made as they attempted to balance their employment and family obligations, and the multiple ways that gender affects those trade-offs (Davis & Smith 1996).
Social mobility is especially difficult for immigrants in the United States. As George J. Borjas explains in his paper, Social Mobility in the Immigrant Population, the first generation of immigrants has the most difficult time adjusting to American society. They have to deal with language barriers in addition to trying to adjust to the new environment and culture. Second generation immigrants (those with at least one parent not born in the United States) adjust to life in the United States more easily. ?There is significant economic ?catching up? between the first and second generations, with the relative wage of the second generation being, on average, about 5 to 10 percent higher than that of the first generation? states Borjas. Since the second generation has access to American schools, they typically learn English in addition to their native language and understand the culture of their society better than their parents do. Borjas also argues that social mobility across generations depends on ?ethnic capital,? characteristics of the ethnic environment where children are raised. ?A highly advantaged ethnic environment?where most parents are college graduates, for example?imbues the children who grow up in that environment with valuable characteristics that enhance the children's socioeconomic achievement later in life,? Borjas explains. Especially true for immigrant families, ethnic capital largely affects the second generation?s social mobility.

Intergenerational mobility is particularly apparent in immigrant households. Every generation following the original immigrants appears to increase their income by 5 to 10 percent, thus creating social mobility. Thus, if a family started out very poor when it migrated to the United States, they will improve their position in society substantially with every generation. However, Borjas noticed a trend known as regression towards the mean. It ?acts like a double-sided magnet,? pulling both extremes (very poor and very rich) towards the middle.
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Admin

cutygirl39 08.11.2007. 21:45

Can you help me find my major? I want to major in a field that I enjoy. This has to give me the opportunity to go to the most beatiful naturally beatiful places in the world. I don't mean flashy places with big buildings. I mean beatiful skies, nice weather, small population. I would also like a nice college near the area and a very low crime rate? Can anyone help? About the major though, I need one that allows me to do hands on work and work outdoors in beautiful places.

cutygirl39

Admin 08.11.2007. 21:45

Here are some majors you may want to look into.

Natural Resources Conservation

Basics
From drilling for oil in the Alaskan Wildlife Refuge to decreasing levels of pollution in our nation?s cities, the importance and significance of preserving our natural environment has never before seemed so urgent.

From dreadlock-wearing tree-hugging activists to serious scientists, environmental conservationists have changed the way we look at our natural resources. Standing at the forefront of the fight to protect our delicate environment are Natural Resources Conservation majors. Scientists by training, tree lovers by conviction, Natural Resources Conservation majors study the delicate balance between consumption and conservation that humankind must strike in order to preserve the availability of natural resources like coal, oil, and trees.

As we all should know by now, we can?t consume our resources interminably. Natural Resources Conservation majors help us to determine what we need and what the environment can support. They are the vanguards of nature, ensuring that we leave something for the next generation.

Wildlife Management

Basics
This major sounds more dangerous than it actually is. There are no whips or cages, no herding of animals, and a degree in it isn?t a guarantee you?ll appear on Animal Kingdom.

Wildlife Management, despite what it sounds like, is a science, full of biology and ecology courses designed to help you learn how to find and address problems concerning animal life. Questions and problems surrounding the scarcity of resources, endangerment, and preservation of natural habitats are all dealt with and managed by Wildlife Management specialists.

Wildlife Management involves a lot of direct, hands-on experience in the field. Protecting endangered animals is difficult work, and as a major you will have the opportunity to experience just how difficult as you enter the field from both an academic and hands on approach. Whether it?s ensuring the continued survival of the bald eagle, or working with corporations to better manage environmental resources, Wildlife Management majors can play an essential role in preserving and protecting our natural environment.

Recreation Management

Basics
Sounds simple enough, right? Your pleasure is someone else's leisure. You provide diversion for other people, maybe by leading a game of volleyball, or officiating at a soccer game.

Oh, if only life, and this major, were that simple.

Recreation Management, while it of course involves the study of recreation, also trains you to look at the business and structure of the recreation industry, from national parks to amusement parks, from forests to sport fishing. It is a combination of business and social science, where you have the opportunity to take courses like the psychology of sports alongside microeconomics and accounting.

With the continuous demand for a break from hectic lives, Recreation Management majors could find it relatively easy to land a job in this lucrative industry. As more people explore national parks or vacation at posh resorts, you will find yourself poised to provide top-notch recreational options with the business and managerial skills necessary to making whatever activity you?re selling a financially worthwhile endeavor.

Geology

Basics
If you?re fascinated by how the environment affects us and vice versa, or if you?re concerned about maintaining clean water and a healthy environment, Geology might be the major for you. As a Geology major, you?ll learn how and why the Earth has evolved. You?ll study natural and artificial environmental processes and learn how those processes should be improved. You?ll study the history of the earth and see how humans have brought about change for better or for worse. Geologists are concerned with the entire physical makeup of the earth, and many specializations are available within the major. Mineralogists study the formation and structures of minerals while glaciologists study ice. Paleontologists are concerned with what fossils can tell us about our history while economic geologists search for valuable minerals like crystallized carbon. Other areas to study include the formation of the Earth?s crust, the continents, planets, chemical elements of rocks, and water. No matter what your concentration, you?ll be learning how all aspects of the earth relate to each other?and to us.
Natural Resource Management

What jobs are available?

Forester, Forest products procurement, Geographic Information Systems specialists, Resource management, Conservation, Wildlife/fisheries biology, Aquaculture; Crop production and pest management, Soil and water conservation, Wood products/utilization, Forest recreation, Research, Teaching, County agent, Sales, Landscaping, Nurseryman.

Parks & Recreation Management

What jobs are available?

Park/forest ranger, Community recreation leader/administrator, Facility manager, Camp counselor/management, Instructor of outdoor activities, Travel support staff, Resort staff/management, Recreation program director, Private club staff, Military recreation, Outdoor educator, Commercial recreation staff/management.

Geology
What jobs are available?

Hydrology and water resource science, natural hazards, coastal processes, mapping, resource evaluation, tectonics, research, consulting and engineering, earth science teaching, gas and oil exploration, seismology, wetlands, restoration, paleontology, environmental policy and law.

Admin

jays_mom 04.06.2007. 14:15

I have an interview at a retail store this week? I have worked at old navy for 6 years, which I left in May of last year. Can you think of any interview questions I may be asked and in what way should I answer....for example I have no idea about what I should say about leaving Old Navy. I felt like I was being belittled at that job and not appreciated...so what should I say for that. Then I had a job at PCDI, which is a lot like that Penn Foster school, but I left because I felt like I was cheating people out of their money, because that school was a scam. Not only that, I am not very good with telephone sales, so what should I say there.
the main reason I want another retail job is so that I can continue school

jays_mom

Admin 04.06.2007. 14:15

First, you need to write down all the functions you performed at Old Navy, from sales to freight to register to straightening, any times you performed managerial work or inventory, or times when you were in charge of training others. Then if you got any recognition for highest personal sale of the week, highest average sale, best displays, etc, write that down. Review all you did that was good, and review it over and over until you start to realize how good you really are. Your self image is very important in an interview with retail managers, so work on building that up with your review of your past work.

There are numerous books at any library of sample interview questions, but the most important things they want to know for floor staff (salespeople and cashiers) are:
1. You are available when they need you.
2. You have a good atitude and a nice smile.
3. You like to help people.
4. You can work quickly and well under time pressures like big lines.
5. You enjoy being in retailing.
6. You don't job hop, and you are a keeper. The fact that you worked at one store for 6 years is a MAGOR ACCOMPLISHMENT! As a former American Eagle manager, it was hard to get someone to stay six months! Don't worry too much about leaving after six years, chances are there isn't a store manager in your new store that has been there that long.
7. You don't call in sick or ask for weekends off.
8. You really love the store you are applying for. Your enthusiasm for the product is important.

As far as the answer to why did you leave Old Navy, you can simply say that after six years, you felt you had learned and done as much as you could at that position, and wanted to look for a position with more growth opportunities.

For the PCDI, you left because you realized that the product they were selling was not reputable, and that you felt as though it was cheating people out of their money. This clashed with your personal value system, and you couldn't be dishonest any longer.

Your telephone sales skills are not at all relevant to a retail store, but if asked, say that you enjoyed working face to face with the customer, because it gave you a better understanding on how to serve their needs.

As someone who was in retail as a manager for clothing stores, if you came to the interview dressed nicely, with a smile on your face, a positive attitude, and you were available when I needed you to work, you would be hired! It is a very honorable thing to have two of the main characteristics that I heard in this description....loyalty and honesty.

As for feeling not appreciated, I think we all feel that way, especially from the management. They are under constant pressure to increase sales and cut costs, and are faced with pressures from customers, employees and bosses. This leaves little time to think about how people are feeling. Its sad, but the best way to feel appreciated is to help a customer the very best you can, and really absorb the thanks they give you, because its not up to the manager to do that. I have been in sales my whole life, and very very rarely did anyone go out of their way to make me feel good about what I was doing. You need to develop your own sense of worth. Mine came from hearing and really feeling the compliments of my customers, from reaching my personal goals, and from working on commission, the absolute best way to feel valued for your hard work. I generally made at least twice what anyone else did if I was on commission, but its not for everyone. If you can get into a store with a wage plus commission, like furniture sales, you can get a taste for if you like that.

Also, find a hobby that you really enjoy and can relax with on your time off to help you feel good. Balancing work with pleasure is very important. Whether you do scrapbooking, gardening, restore vehicles or love to cook, get your rewards that way. Personally, I love to bake and decorate cakes, or grow a big garden and give it all away.

Otherwise, be honest but positive in all your responses. If you feel uncertain before going in, write down both the questions and your positive answer, and review it.

One thing that will likely come up is a mock situation where they say "sell us this product", and they want to see how you react. Be able to go right into a sales pitch, using your abilities learned at previous jobs.

Whatever you are looking for, I hope you find it. And your new employer is going to have a gem of an employee in you. Best wishes!

Admin

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