Facts About the Element Fermium

Facts About the Element Fermium Fermium is a heavy, man-made radioactive element on the periodic table. Here is a collection of interesting facts about this metal: Fermium Element Facts Fermium is named for the physicist Enrico Fermi.Fermium is the heaviest element that may be made from neutron bombardment of lighter elements.The element is one of those discovered in the products from the  first hydrogen bomb test at Eniwetok Atoll, the Marshall Islands in 1952. For security reasons, the discovery was not announced until 1955. The discovery is credited to  Albert Ghiorsos group at the University of California.The discovered isotope was Fm-255. which has a  half-life 20.07 hours. The most stable isotope that has been produced is Fm-257, with a half-life of 100.5 days.Fermium is a synthetic transuranium element. It belongs to the actinide element group.Although samples of fermium metal have not been produced for study, it is possible to make a fermium and ytterbium alloy. The resulting metal is shiny and silver-colored.The usual oxidation state of fermium is Fm2, although the Fm3 oxidation state also occurs.The most common fermium compound is fermium chloride, F mCl2.Fermium does not exist naturally in the Earths crust. However, its natural production was once seen from the decay of a sample of einsteinium. At present, there are no practical uses of this element. Fermium or Fm Chemical and Physical Properties Element Name: FermiumSymbol: FmAtomic Number: 100Atomic Weight: 257.0951Element Classification: Radioactive Rare Earth (Actinide)Discovery: Argonne, Los Alamos, U. of California 1953 (United States)Name Origin: Named in honor of the scientist Enrico Fermi.Melting Point (K): 1800Appearance: radioactive, synthetic metalAtomic Radius (pm): 290Pauling Negativity Number: 1.3First Ionizing Energy (kJ/mol): (630)Oxidation States: 3Electronic Configuration: [Rn] 5f12 7s2 References Los Alamos National Laboratory (2001)Crescent Chemical Company (2001), Langes Handbook of Chemistry (1952) CRC Handbook of Chemistry Physics (18th Ed.)

Life Lessons From The Brady Bunch Essay Example | Topics and Well Written Essays - 1500 words

Life Lessons From The Brady Bunch - Essay Example It not only generates new ideas and values but also transmits them to the younger generation. The family is the basic unit of society. In our contemporary society, we find many television programs involving families in different settings in different situations. One can say that almost all the possible issues and predicaments have been portrayed in the screen. For an inquisitive mind such as mine, it becomes interesting to find out how these shows affect the general public. In this study, our attempt will be to examine the relationship between a television program- The Brady Bunch - and its implications to the viewing public. I will be primarily concerned in determining to what degree The Brady Bunch has served as a mirror for society and a medium for transformation or conformity. The concept of "The Brady Bunch" started back in 1966 when Sherwood Schwartz (the creator and producer of the show) heard that somewhere between 20-30% of all families had at least one child from a previous marriage. He wrote a 30-minute pilot episode about a blended family; a man with three boys marries a lady with three girls and in the end they all go on the honeymoon together. He also had prepared several story ideas about the kids and their growing-pains and problems arising due to the new living situation. (Moran, 1992) Moran (1992) further relates that when the s... Yet, the program stands as one of the most important sitcoms of American 1970s television programming, spawning numerous other series on all three major networks, as well as records, lunch boxes, a cookbook, and even a stage show and feature film. The decided emphasis of the series on the Brady children made it very popular among younger audiences. ABC capitalized on this appeal, programming the show early on Friday evenings. This popularity also resulted in various attempts to create other profitable spin-off products: "The Brady Kids," a pop rock group (patterned on "The Archies" and "The Partridge Family"), a Saturday morning cartoon called The Brady Kids (1972-74), and regular appearances of the young actors and actresses (particularly Maureen McCormick and Christopher Knight), in teen fan magazines. Bellefante (1995) also relates that following its initial network run, The Brady Bunch became inordinately popular in rerun syndication. This success can be attributed in part to children's afternoon-viewing patterns. Often programmed as a daily "strip" in after-school time periods, the show found new viewers who had not previously seen the series. The age distribution of the cast may have created appeal among a range of young viewers, and as they aged they were able to take a more ironic viewing stance toward the entertainment of their childhood. The ongoing success of the Brady characters has continually brought them back to television. The Brady Bunch Hour, produced by Sid and Marty Krofft from 1976-1977 on ABC, had the family hosting a vividly-colored disco-oriented variety series. The Brady Brides, on NBC in 1981, was a half-hour sitcom about Marcia and Jan as they dealt with their new husbands and the trials of being married. In December 1988, CBS aired the

United States Uniform Personnel Identification System Thesis

United States Uniform Personnel Identification System - Thesis Example the world – the United States of America, with her idealism of liberty and equality inviting all, has to strengthen the security systems deemed to be the best and path-breaking by pioneering the use of exclusive Identity Cards, Biometrics and Microchip Implants for all her citizens – thus upholding the urgent mission of Homeland Security â€Å"to lead the unified national effort to secure the country and preserve our freedoms†. The advancement of technology and multi-faceted information system, as has ushered in a hi-tech futuristic era in the history of the Human race, it has also indulged in cryptic criminological affairs. This has necessitated a supremely secured, safe and sophisticated identification and access control methodologies thus strengthening screening specifications to protect sensitive information with a vision to shield the Nation against any covert intervention and activity. Thus in the foreseeable future United States of America can plan to build up a more protected networked society by the introduction of revolutionary human identity recognition systems. This unique personnel identification model can be based on broadly three factors, namely, introduction of single ID Card, implementation of biometric distinguisher and microchip implant identifier for each and every US citizen. This thesis proposes to strategize and explore on the broad spectrum of implementing this classified recognition system for American Citizens – its implications, the advantages, hindrances, legal aspects, process and period of introducing this system and long term prospects. This study will also formulate the development of a dedicated, stand-alone department within the US Department of Homeland Security to execute and monitor the above-mentioned security setup. United States of America, the pinnacle of power and prosperity supplemented by ideal illustration of liberty, equality and fraternity, has been the target of worst terrorist attacks in the history of

Assignment 5, Biology Essay Example | Topics and Well Written Essays - 250 words

Assignment 5, Biology - Essay Example Control centre, contains genetic material (DNA & RNA) responsible for the formation of various cellular proteins responsible to carryout diverse functions for metabolism and survival of the cell. Plays imperative role in cell division. Porous nuclear membrane aids in transport of various components In animals it is the membrane separating internal cellular composition from the external environment, an osmotic membrane maintains osmotic gradient, protein molecules present in the membrane aids in transport of various substance. 3. You have compared the eukaryotic cell structure of animal and plant cells. Which of the other Kingdoms have eukaryotic cells? Using Internet sources and your text, find out how eukaryotic cells in these kingdoms differ from the plant and animal cells. Kingdom Fungi and Kingdom Protista also contain eukaryotic cells. Fungi are like plants as they are fixed and produce spores but they differ from plants in their mode of nutrition. Plants are multicellular prepare their food and are autotrophs, while fungi is also single or multicellular but is sparotroph. Kingdom protista contain unicellular organisms which are microscopic and possess well defined nucleus. They use pseudopodium or cilia or flagella for locomotion instead of appendages as in animal

The Industrial Training Experience Accounting Essay

The Industrial Training Experience Accounting Essay Lawrence Wong Co. was established in 1986 before the Malaysian economic recession in 1987. It has established itself as a recognized Management Consultancy Firm specializing in all kinds of management and consultancy services, including corporate secretarial, administrative, bookkeeping, auditing, taxation, business or financial planning and other management allied services. The company was founded by Mimi Gian Guek Poh and Lawrence Wong Fook Heng, both are Chartered Accountants from Australia. The business started as a sole proprietor on 6th August 1965 as an employment agency and was converted into a private limited company on 16th February 1986. As an associate member of the CPA Australia, the Malaysia Institute of Accountants, and The Institute of Secretaries and Administrators, Mimi Gian, my company supervisor, draws on more than 25 years of audit, management, secretarial, taxation, information system and corporate advisory experience in international and multinational corporations in Australia, Singapore, and Malaysia. Lawrence Wong Cos success today depends heavily on the confidence and trust their clientele have with them and also due to their dedicated workforce who has been continuously contributing their efforts to the overall success of the firms nearly 20 years of services. The company hopes to continue to expand its business by providing quality and reliable services in Malaysia as well as internationally. 1.2 Industrial Training Experience Industrial Training is one of the compulsory subjects in all Faculty of Business and Finance Programmes course structures. It is compulsory for every final year undergraduate to undergo industrial training for the duration of three months before completing their courses. With the combination of knowledge and work experience during the three months training, students are required to produce a written report. The objective of industrial training is to provide an opportunity for students to observe real life practices and develop their understanding of methods and applications of the accounting theoretical and conceptual framework in a real working environment. Additionally, the training program also provides an opportunity for the industry to identify potential employees from the industrial trainees. I joined Lawrence Wong Co on 1st October until 31st December 2012. During these three months of industrial training I was involved in bookkeeping, auditing, taxation and the companys secretarial function. This was a good opportunity for me to learn more about the business . Because of this, I can now apply my accounting knowledge to the real world, such as accounts entry, auditing and so on. At first my company supervisor discussed with our colleagues my tasks , after that only my colleagues assigned tasks to me. My company supervisor only gave me tasks after I had completed the work that was assigned by my colleagues. When I faced some problems that I have never encountered before, I discussed with my company supervisor and colleagues together to solve the problems. Luckily they treated me well and taught me with patience. Therefore, I increased my knowledge of accounting, auditing, and taxation from my company supervisor and colleagues. CHAPTER 2 SCOPE OF TRAINING 2.1 Statutory audit When I arrived on my first day, my first task was to do a statutory audit. Statutory audit is part of an in-house audit. Whilst I was doing this, I needed to get information from the company secretary file, such as annual return, minutes of meeting, and SSM forms. My colleagues told me that use of some of the SSM forms needed recording, such as Form 24, 44, 49, 32A, and so on. If one of these forms are used, the auditor report needs to disclose the information, as well as statutory audit. For example, form 49 which is the form of return for directors, managers and secretaries. If this form is used, it means that the company has appointed a new director or an existing director has resigned or is deceased. Therefore, this kind of information must be included in an audit report and statutory audit. 2.2 Accounting data entry During this internship, I did a lot of accounting data entry, such as receipt and payment entries. In order to have a better understanding of the basis of accounting, my company supervisor assigned me to a lot of the companys account entry, using UBS Accounting System and Microsoft Excel. This was a test for me, whether my double entry transactions were posted correctly. I posted the entries in accordance with bank statements, payment vouchers, cheque books, and receipt books. After I had done, I printed out the general ledger, bank reconciliation statement, income statement, and balance sheet to give to my colleagues and company supervisor to review. 2.3 Bank Reconciliation Bank reconciliation statements are the important documents that need to be prepared every month. Bank reconciliation is the process which prepares a statement accounting for the differences between the cash balances in a companys cash account and the cash balance according to its bank statement (Roshayani Arshad, 2007). During my training period, I prepared this by using UBS Accounting System and Microsoft Excel. Some clients prepared bank reconciliation statements by themselves. Therefore, I needed to check whether the bank reconciliation statements that were prepared by clients were the same as my results. 2.4 Auditing During these three months, I not only did a lot of accounting data entry, I was also involved in auditing work. Firstly, I prepared statutory audits because this was the easier part. Next, I started to do audits working on paper, such as accounting journal entries, income statements, balance sheets, variances, tax computations, and other working papers including information related to assets, liabilities, taxation, revenue, and expenses. In addition, I had learnt how to prepare every detail of the working paper. After that, I prepared an audit report, confirmation letter, letter of representation (which is a summary of all accounts), and an audit memorandum planning. Once I had done this, my colleagues reviewed my work and asked me to amend errors, before it was passed to my company supervisor to review. Lastly, I filled in the Form C R after my company supervisor reviewed and confirmed that all working papers were correct. 2.5 Others tasks My company supervisor had asked me to make some payments, such as telephone bills, water and electricity bills, EPF, SOCSO, clients income tax payments, as well as banking some cheques. Before my company supervisor issued the cheques, I needed to prepare the payment vouchers and attach them with the invoice, delivery order, and other related statements. I also had to call the suppliers to collect the cheques. After the payments were made, I filed all of the documents in the payment voucher file. Other than that, my company supervisor also assigned me to prepare client companys stock list and check list. Stock list is a detailed list of the stocks available of a company while check list is prepared for checking the stocks. In addition, I had filed some documents and letters received from Inland Revenue Borad (IRB) into the clients files. I also sent out documents to clients, such as tax refund from IRB, audit reports and others documents. Furthermore, I had updated the client company tax control list. For this task, I had to record the date received for the Form C R 2012, financial year end, the latest audit report that had already been submitted, and the date of CP 204 to IRB. After I completed this, I prepared a latest list of client company and IRBs schedule of payment code. CHAPTER 3 KNOWLEDGE AND SKILLS APPLIED AND GAINED 3.1 Knowledge and Skills Applied 3.1.1 UBS Accounting System These accounting entries, which are receipt and payment entries, I had been taught during my studies how to complete using the UBS Accounting System. So, I had no problem when I posted these accounting entries into UBS Accounting System because it is same as what I have done before. For example, for the pay for travelling expenses, the entry is debit in travelling expenses and credit in bank or cash account, so this is called a double entry. Before I passed my work to the company supervisor to review, I double checked the entries. 3.1.2 Financial Accounting Financial Accounting Framework I and II are the compulsory subjects for accounting students. These two subjects teach us how to prepare the financial statements such as income statements, balances sheets, cash flow statements, and statements of changes in equity. These subjects were very useful for me to apply to my work. By using the knowledge that I learnt, I had completed my tasks with minor errors. 3.1.3 Taxation Taxation is another important subject for accounting students. I took this subject in Year 2 Trimester 3. During my training, I had to prepare tax computation for companies and individuals. Mostly I prepared tax computation for companies, because when I was doing client companies audit, I needed to prepare it as well. This subject was very useful to me because I could apply the knowledge that I learnt to prepare the tax computation, making it easier for me to complete the tasks. 3.2 Knowledge and Skills Gained 3.2.1 Auditing During my studies I found that auditing was a totally theoretical subject that is different from accounting and taxation subjects because it is not included in any calculation matter. I had the opportunity to complete audits on client companies during the three months of training. I completed many tasks relating to audits, such as audit working papers, statutory audit, audit report, and many more. 3.2.2 Information Technology Lawrence Wong Co. accounting software includes Microsoft Excel and UBS Accounting System. With the UBS Accounting System, I learnt how to key in double entry transactions and look through the financial statements during my study. I also learnt how to prepare the bank reconciliation statements by using this system, and to do year end processing, which is to close the current accounting year and switch to a new accounting year (Sage UBS Range of Software, 1991). Before I performed year end processing, I needed to ensure that all transactions were up to the last period, back up all of the data files, update all stock values, print all reports, and check that there was only one retained earnings account. After I completed this, the system would generate an all balance brought forward account and accumulated profit would be transferred to the retained earnings account. All transactions from period 1 to 12 will be removed. Furthermore, Lawrence Wong Co. used Microsoft Excel to prepare audit works. This was an advantage for me when I was doing the audit working papers as I could key in the amount and generate the formula fast, then the software would automatically calculate the final amount for me. I had also learnt how to adjust the paper margin and make it neat before I printed the working papers. Other than that, I learnt how to use new software, which was the UBS Inventory and Billing System. This system is a real time system that updates the stock immediately after entry. It also performs as an invoicing system whereby you can print out the invoice, credit note, debit note, and many more (Sage UBS Range of Software, 1991). During my training, I had prepared a list of every client companys secretarial and filing fee in Excel form. My colleague taught me how to check the latest invoices inside the UBS Inventory and Billing System. Therefore, I could check the invoices easily and key in the information quickly. CHAPTER 4 WEAKNESSES AND STRENGTHS 4.1 Weaknesses During the three months of industrial training, I faced a lot of problems that I had never encountered before as they were problems that I could not learn from books. This made me feel weak because sometimes I did not know which methods should be applied to solve the problems. At the beginning, I had spent most of time finishing the audit works because what I had learnt in university was theory, but the training was more focused on practical tasks. These tasks were quite different from what I had studied in text books and from lecture notes, so I was a bit confused when I prepared the audit works. I also faced problems when I was doing account entries. Before I started to key in receipts and payments into UBS Accounting System, I spent a lot time trying to understand the companys business transactions and concepts, because different companies may have different versions of these. After I keyed in all the transactions, I printed the general ledger, income statement, and balance sheet to give to my company supervisor to review. Unfortunately, my works were rejected by her because I did not key in the transactions and descriptions properly. Moreover, some of the clients did not provide enough financial information, such as details of income received, so I did not know exactly what those incomes were. In addition, I had difficulty in using my English language because the company mostly has English speaking clients. Sometimes the clients did not understand what I said, so I had to use Chinese language or Malay language to communicate with them. 4.2 Strengths During this internship, I learnt a lot and practiced my knowledge and concepts relating to accounting, auditing, and taxation. I have come across many new things and gained knowledge from my company supervisor and colleagues. I was able to use other languages to communicate with clients, such as Hokkien, Cantonese, and Malay. The reason for this is that some of the clients cannot speak English, they only know to speak their own language. Therefore, I was able to use these languages to communicate or discuss some matters with clients. I felt lucky that my company supervisor gave me the opportunity to practice my knowledge in her company. She always motivated me and taught me many new skills as a trainee, and also helped me to acquire new knowledge. Furthermore, she was also a very patient person. When I did not understand how to do the tasks that she has assigned, she was very patient in explaining to me the steps. Another strength was that my colleagues were willing to help me whenever I encountered problems. CHAPTER 5 CONCLUSION Through this training program, I have gained so much new knowledge and experience , improved my communication and computer skills, as well as learning how to adapt to working life quickly in a new atmosphere. It also prepared me to be more responsible for my actions and tasks in the future working life. Furthermore, I have covered knowledge of auditing, accounting, and taxation during my time spent inside the company. For the auditing part, I learnt how to prepare the audit program, confirmation letter, auditing working papers, and others. I also learnt how to key in the account entries properly by using UBS Accounting System and Microsoft Excel. For the taxation part, I learnt about how to prepare tax computation. All of the learning made me feel interested and challenged although it was stressful at times . I can conclude that the industrial training was well organized. My company supervisor and colleagues were caring and willing to teach me all of the working steps and concepts. With their guidance, I was able to do my tasks properly and apply the accounting knowledge that I had learnt in university into real working life. In conclusion, I have been trained to be prepared in facing the real working environment in the future and gained some ideas about the work flow of a company. I am pleased that I did my industrial training in Lawrence Wong Co. and thank my company supervisor and all colleagues for caring and giving me a chance to learn all of the work involved. I hope I can use my experience and knowledge that I gained further in my education.

Impact of the Great Depression on the Characters in Tillie Olsen’s nove

Impact of the Great Depression on the Characters in Tillie Olsen’s novel Yonnondio: From the Thirties The Great Depression of the 1930’s, which has been called the â€Å"invisible scar, the absent presence,† continues to impact American culture (Rabinowitz 17). The devastating effect of failed businesses, the dust bowl, farm foreclosures, and an unemployment rate of 30 percent reminds us that capitalism is fallible. Although we recall with humility this bleak period of our history, we seldom reflect on the plight of the Depression’s most vulnerable victims--the underpaid, uneducated working poor. In Yonnondio: From the Thirties, Tillie Olsen gives readers a searing personal account of a family struggling to escape, or at least manage, abject poverty. Their journey from a Wyoming mining town to a farm in South Dakota to a slaughterhouse in Omaha presents one disaster after another for the Holbrook family. Because of this cycle, they represent thousands of unsung heroes who struggled to survive and maintain a family unit during difficult times. Although the novel depicts the family’s struggle as a unit, three members emerge as the main characters. Trapped by lack of opportunity and a faltering self-image, Jim Holbrook works under subhuman conditions to provide for his family. His struggle demonstrates how patriarchal culture oppresses both men and women into ascribed roles based on impossible ideals. Anna, his wife, holds the family together with the meager resources brought in by her husband, who devalues her role because she is a woman and earns no money. As a result of this oppression, she grapples with her own identity, as motherhood and domestic responsibility limit her opportunities for personal fulfillment an... ...ieb, Annie. â€Å"A Writer’s Sounds and Silences.† The New York Times Book Review 31 March 1974: 5. Faulkner, Mara. Protest and Possibility in the Writings of Tillie Olsen. Charlottesville: University of Virginia, 1993. James, Elizabeth. â€Å"Written, They Reappear: Rereading Yonnondio.† Frontiers 18.3 (1997):141-45. Macpherson, Heidi Slettedahl. â€Å"Class-ifying Escape: Tillie Olsen’s Yonnondio.† Studies In Contemporary Fiction 41.3 (2000): 263. Orr, Elaine. â€Å"On the Side of the Mother: Yonnondio and Call It Sleep.† Studies in American Fiction 21.2 (1993): 209-15. Rabinowitz, Paula. Labor and Desire: Women’s Revolutionary Fiction in Depression America. Chapel Hill: University of North Carolina Press, 1991. Tyson, Lois. â€Å"Feminist Criticism.† Critical Theory Today: A User Friendly Guide. New York: Garland Publishing, 1999. 117-152.

Implementation Plan Research Essay

Founded in 1899, Harrison Keyes has been a leader in publishing business, scientific and technical information. Due to recent changes in the industry, and an attempt to revamp its former successes, the company is in the process of redefining itself in the market. One major change is transforming the sales market from a printed version of books to an e-book platform. (University of Phoenix, 2007) Primary focus is on developing a full service site. This paper will identify companies that have faced specific issues related to those identified in the Harrison Keyes scenario (University of Phoenix, 2007) and related to the concepts of enter concepts. For each company the paper will: discuss the following the issue identified in the scenario that is also facing the company, how the company responded to the issue, and outcomes of the company’s response to the issue. Additionally, the paper will provide an analysis that synthesizes the key findings. The analysis will identify the key course concepts and compare and contrast the practices of each company related to those concepts Research Summaries NASA NASA, being a government agency that utilizes the expertise of private firms  for many of its projects, has developed a very articulate request for proposal (RFP). Requirements and features must be in enough detail that contractors have a clear description of the final deliverable that will meet the customer’s needs. In most cases the RFP also specifies an expected format for the contractor’s bid proposal so the responses of different contractors can be fairly evaluated. (Gray & Larson, 2005, p 52) This is to avoid ambiguity and provide an even ground to start from. When comparing the utilization of a RFP with NASA and Friar Tuck (FT), one may note that if FT had implemented a RFP, many of the issues the organization is facing could have been alleviated. With FT, a RFP delivered to all vendors involved would have provided the starting blocks of the project. Each company would have an opportunity to bid on a project that best suites their needs and expertise. This way, when the selected project is under way, the involved parties have an active, vested interest in the success and outcome of the project. HKIA Hong Kong International Airport was built with the expectation that there would be a large volume of travelers and goods going in and out on a daily basis. As demands increased, the airport authorities had the competence to create a work breakdown structure (WBS). The early stages of developing the outline serve to ensure that all tasks are identified and that participants of the project have an understanding of what is to be done. Once the outline and its detail are defined, an integrated information system can be developed to schedule work and allocate budgets. This baseline information is later used for control. (Gray & Larson, 2005, p.99) If Friar Tuck had implemented a WBS, there would have been a clearer understanding of the deliverables, the costs associated with each deliverable, when each deliverable was due and who was responsible for ensuring that his or her assigned work was completed within the allotted timeframe. Because budget and tasks appeared to be important, FT found itself with the goal but lacking details of how to execute. Because HKIA  realized that their greatest assets are the passengers and cargo, the organization took great lengths to ensure that the daily business transactions were not disrupted and that the airport was able to meet the demands placed upon it by its customers, which include passengers and cargo. Project planning at Harrison-Keyes has progressed to develop a WBS which is being worked within their existing functional organizational structure. A status check on Harrison-Keyes’s tact to project management demonstrates difficulties with task completion and employee behaviors. Organizations that choose to manage projects within their current functional structure face uphill battles between the functional silos. Project management within existing functional organizational structures has known advantages and disadvantages. Advantages are no changes, flexibility, in-depth expertise and easy post-project transition. Disadvantages to managing projects in this manner are lack of focus, poor integration, slow, and lack of ownership (Gray & Larson, 2006, p. 58). Harrison-Keyes has alternatives to consider provided the pros and cons of managing projects within their existing functional structure and the United States Department of Defense provides a benchmark for consideration. Conflict with the authors at H-K has to be addressed for a successful transition to an e-publishing company. As a benchmark examination for H-K, the DOD is commonly faced with large and complex project implementations which are riddled with differences of opinion between the functional branches of the service, the Army, Navy, and Air Force. Three types of conflict were identified by the DOD case along with effective measures to counteract the friction. The DOD recognized three types of conflicts which hindered project implementation in a functional organization, which are 1) interpersonal-based conflict, 2) task-based conflict and 3) process-based conflict (Sutterfield, et al, 2006). In response to identifying three broad-based conflict classifications the DOD case study created effective strategies to address them while managing projects. Interpersonal-based conflicts within projects at the DOD are addressed with a strategy to compromise and build collaborative relationship to create win-win discussions between functional areas (Sutterfield, et al, 2006). Task-based conflict resolution relies on an effective project manager navigating aspects of stakeholder’s position, power or influence. As a project manager evaluates these factors a determination can be made to deploy a competing, collaborating, or compromise strategy to effectively manage the project (Sutterfield, et al, 2006). Process-based conflict resolution is more clear-cut due to the sequential requirements of projects. A heavier-handed approach towards stakeholders is required as less flexibility can be allowed in order to move the project forward. If flexibility is allowable within the project step a more collaborative approach can be considered (Sutterfield, et al, 2006). A second case study of Honeywell, Inc. provides H-K the possibility of determining is a process breakdown structure (PBS) is better suited than the currently developed work breakdown structure (WBS). First let us look at 10 lessons learned by Honeywell in the use of PBS and contrast the potential into Harrison-Keyes’s situation. It is important to note that both Honeywell and H-K are faced with a dramatic shift in their business strategy. Honeywell’s experience yielded 10 lessons when attempting to make radical change in an organization. The 10 lessons learned were (Paper, et al, 2001): People are the key enablers of change Question everything People need a systemic methodology to map processes Create team ownership and a culture of dissatisfaction Management attitude and behavior can squash projects Bottom-up or empowered implementation Redesign must be business-driven and continuous IT is a necessary, but not sufficient, enabler Set stretch goals Execution is the real difference between success and failure Similar to Harrison-Keyes’s competitive requirements to change from print publishing to e-publishing, Honeywell faced competitive pressures to reduce defects by 1000% and production cycle-time by 500%. Honeywell dramatically changed its method at project implementation within the organization to accomplish successful results. Honeywell eliminated project management by tasks and details (WBS) in favor of managing them by process-orientation (PBS). Honeywell learned two key lessons in project implementation of radical change. The first lesson learned through Honeywell’s project execution through PBS was execution separates high performers from less successful PBS projects. The second lesson learned by Honeywell involved the identification of the difficulty of change not being sufficient enough. A critical step was to change the vision of the organization to reflect the radical change (Paper, et al, 2001). In addition to these two lessons, Honeywell experiences the behavioral aspect of project management as H-K. Honeywell found that successful execution is dependent upon behavioral change. Behavioral change was found to be extremely difficult and required time to be successful. The need for time is often in conflict with the need for quick profits (Paper, et al, 2001). Middle management was found to be the most resistant to change because of their dedicated knowledge skill-set versus process skill-set. Strong training programs coupled with pay for performance plans to provide financial incentives helped Honeywell overcome this hurdle. PayPal and YouTube are two of the biggest success stories since the dotcom bubble burst sometime after the year 2000. For all of the companies’ success there has been a well publicized and scrutinized series of shortcomings and fallbacks that could have been avoided. Risk management practices would have prepared these companies for growth and expansion while building their brand and could have possibly eliminated the issues they face today. PayPal burst onto the ecommerce scene in 1999. The public was just beginning to embrace the idea of shopping for everyday goods and services online but were weary about giving personal information to strangers or having to repeatedly enter credit card information online. PayPal was able to offer consumers a simple web interface and piece of mind by storing that sensitive data and allowing buyers and sellers to seamlessly complete online transactions. The thought that the website would explode and be the defacto payment solution on the Internet did not cross the designers mind and the risk was not properly assessed. PayPal has lost many customers and has had to fight many lawsuits due to poor planning. Even now PayPal is struggling to catch up while meeting the demand for their service. This same lack of a contingency plan could doom H-K as they search for a firm to perform the digital formatting. YouTube has become one of the most visited websites on the Internet in just a few short years. While the designer can be proud for creating a forum for all things video, he too can be blamed for not creating a risk management plan. Allowing users to upload their own videos has opened the door to copy righted material being available on the website. The networks and studios are slow to embrace the sight as a way to increase brand awareness and have instead blamed YouTube for declining revenues and ratings. Entire movies have been made available on the website the same day they were released in theaters providing some credence to the argument against the site. Had YouTube made alliances with the studios and networks prior to allowing users to upload videos they could have avoided the problem altogether. This is another case of a business that did not properly mitigate and assess the risk and now face the threat of lawsuits. General Electric and Siemens have successfully dealt with the issues of a corporate culture that negatively affected their ongoing project structure as well as a culture that fostered individuality among the various departments. HK faces similar problems in that its culture is one of individualism and lack of accountability that has led to a lack of consensus among its leadership as to project management structures, organizational culture, and creating and communicating that culture throughout the organization. GE has created a corporate culture that is not individualized by department like HKs, but instead involves all members of the GE community, its management, its employees, and its customers. GE has also created a corporate culture that dismisses politics as a means to an end. Through the changes to culture and GE’s team approach they were able to organize projects as dedicated teams within functional organizations. Culture has a considerable affect on the success rate at HK as well. Their organization’s culture has affected their projects. HK has hired a new CEO, Meg McGill, to move them into the strategic direction of â€Å"all things digital.† However, nowhere in her emails and correspondence among HK’s leadership did she address the change in culture in order to affect her strategic business objectives. Meg needs to implement a change in corporate culture like that of the CEO of Siemens Klaus Klenfeld, who changed the corporate culture to one where â€Å"Everyone, including the boss, is accountable. We commit to something, and we deliver† (Ewing, Jack, 2007). In order to affect this, Klenfeld has had to deploy hard tactics. By implementing a changed culture that emphasizes accountability, project management structures will become more thorough and thought out. Organizational culture and structure influence project management more than HK realizes. Addressing the culture of HK to one of accountability will go a long way in formalizing project management structures such as organizing those projects through dedicated teams; organize projects within the functional organizations of HK; organizing projects within a matrix; or organizing projects within their network organizations. GE organized their projects through dedicated teams, Siemens’ organized by  deploying hard tactics within their functional organizations, and both implemented these project structures by changing their corporate culture. HK must take similar steps in order to realize their business objectives. When University of Phoenix decided to implement e-books into the on-line learning system, the management knew that they needed a corporate strategy and high quality project management. The lack of the above mentioned items meant costly lawsuits because a great deal of authors opposed the idea of e-books due to possible fraud and copyright violations. The company was not able to avoid lawsuits, but it was able to protect itself from future legal issue and establish ground for strong digital contend on the learning websites. It was made possible by clearly defined corporate strategy and project management: In the lawsuit, filed in U.S. District Court in Atlanta, Patrick G. McKeown, alleges that the Thomson Corporation and two of its subsidiaries sold a customized electronic version of his book Information Technology and the Networked Economy, to the _UNIVERSITY_ of _PHOENIX_ , which in turn has sold more than 23,000 copies to its students. (Mr. McKeown says an updated royalty statement he recently received shows that the actual number of copies sold by _PHOENIX_ is now about 45,000.) Thomson did not return telephone calls seeking comment. In a written statement, _PHOENIX_ said that it it honors intellectual-property rights of others, adding, â€Å"the _UNIVERSITY_ licensed its rights to use the textbook from a reputable, well-known publisher, that represented it had the appropriate rights to the book. (Chronicle of Higher Education, 2007). OnStar OnStar represent an example of Risk Response Development. OnStar provides wireless access to emergency and security services from General Motors vehicles. A great number of opponents were claiming that OnStar collect personal information and might use it for marketing and other purposes. The company did not try to refute the statement since the information is indeed collected: â€Å"You start [collecting] individual pieces of information that  seem benign,† he says. â€Å"But when you begin to combine bits of information it becomes less and less so.† White says OnStar, in storing data only in aggregate, is walking a fine line. â€Å"It is disingenuous to talk about aggregate data when you have the ability to differentiate it,† he says. There may not be a business case for creating individual profiles today, White adds, but there may be someday, and that’s when potential privacy violations will become a concern,† (CIO, 2006). The response of General Motors to the risk of having the idea of OnStar shot down due to the information collection, provoked the company to issue the results of the survey which indicated regardless of the above fact, a great number of drivers still choose OnStar: â€Å"It’s clear from the survey responses that women are looking for ways to enhance their peace of mind when driving — whether it’s a long-distance solo car trip, the daily commute to work, or simply ferrying kids to and from after school activities,† notes Chet Huber, OnStar President. â€Å"Ninety four percent of female subscribers say that OnStar provides peace of mind when they’re traveling alone; 87 percent of female subscribers say that OnStar provides that peace of mind when loved ones are traveling. And more than 70 percent of OnStar’s female subscribers tell us they prefer or will only purchase an OnStar equipped vehicle,† (OnStar, 2006). Researched Company Synopses Since its inception in 1958, NASA has accomplished many great scientific and technological feats in air and space. (NASA, 2007) With its continued research and development programs, the agency has provided a renewed interest in space, the planet and the environment in general. _Identified Issue_ NASA, in its quest to improve manned space exploration, began the Ares project. The project was initially created to develop a rocket that would enable astronauts to travel to the moon and eventually to the planet Mars. The organization needed assistance from private firms in the creation of the avionics unit that crew members would use to control navigation, guidance and other hardware (NASA, 2007). The organization needed to implement a process that would ensure that the winning contract go to the most qualified company. _Response to the Issue_ In order to ensure that the organization brings in a highly qualified private firm that knows exactly what NASA is looking for, the project team created a request for proposal. The issues covered included, but not limited to: 1. Synopsis of requirements and request for action 2. Statement of work (SOW) detailing the scope and major deliverables 3. Deliverable specifications/requirements, features, and tasks 4. Responsibilities–vendor and customer 5. Project timetable 6. Costs and payment schedule 7. Type of contract 8. Experience and staffing 9. Evaluation criteria (Gray & Larson, 2005, p. 52) _Outcome_ The organization, after interviewing and investigating several well qualified firms, hired the Boeing Company to provide support for both design and  production. Crew transportation to the International Space Station is planned to begin no later than 2014. The first lunar excursion is scheduled for the 2020 timeframe. (NASA, 2007) In 1998, the Hong Kong International Airport was opened. The construction took 6 years and cost upwards of $20 Billion USD. Although constructed under British Colonial rule, the airport began operations under Chinese law. As the world’s fifth busiest international passenger airport and most active worldwide air cargo operation, HKIA sees nearly 800 aircraft take off and land every day. (Hong Cong Airport, 2002) _Identified Issue_ As business increased at the airport, the ramp-handling operations began to experience delays. Aircraft ramp handling refers to services on the ramp for an aircraft. It includes loading and unloading of baggage, air cargo and air mail onto the aircraft, and transportation between the aircraft and the passenger terminal, air cargo terminals and the air mail centre. In addition, ramp handling services cover preparation for delivery onto aircraft of bulk baggage and baggage containers, aircraft loading bridge operation, and passenger stairs operation. (Hong Kong Airport, 2002) The airport needed a solution that would not impact the daily operations of the facilities. _Response to the Issue_ The HKIA leadership team decided to implement a wireless-enabled ramp management solution, which would enables control room staff to monitor the entire airport using computer terminals, links to airport-specific databases and existing IT infrastructure, as well as covers finance and accounting. (Hewlett Packard, 2003) In order to roll out the project, a work breakdown structure needed to be implemented. This allowed the team to align itself with the scope, define deliverables, create work packages, and assign specific duties to all involved. _Outcome_ The wireless-enabled ramp management solution integration was completed without incident, as far as daily airport activities were concerned. The ability to apply the technology into the existing wired network infrastructure meant that employees had options in accessing data, and performing their duties. Ramp workers are able to receive current operational information, more efficient utilization of employees throughout the facility, increase security through more accurate recording, and the ramp-handling operations has been able to keep up ith demands. (Hewlett Packard, 2003) _Identified Issue: Defining the elements of a project – Process Breakdown Structure (PBS)_ When an organization faces projects to produce tangible outcomes, such as design and building, WBS is an ideal way to attack them. When radical change in an organization is needed through a series of steps or phases, PBS is best suited to complete the project (Gray & Larson, 2006). Harrison-Keyes is striving for a radical change in transitioning the operation from print publishing to e-publishing. Honeywell, Incorporated serves as an example for Harrison-Keyes to benchmark as a similar radical change faced Honeywell in 1989. Harrison-Keyes should note that to drive transformational change as Honeywell accomplished then a PBS approach over a WBS should be considered. Honeywell began to experience lagging performance results in its industrial automation and control (IAC) business unit. Global competition was requiring manufacturing firms to operate more efficiently than ever before while maintaining high levels of quality. Customers from around the world ranging from refineries, chemical plants and paper mills purchased Honeywell’s TDC 3000X system to achieve world-class process control capability. Defects, production cycle-time and materials management had to be improved to remain competitive (D. Paper, J. Rodger & P. Pendarker, 2001). _Response to the Issue_ As a result of lagging performance a world-class -manufacturing (WCM) program was undertaken over a three-year period. Radical improvement measures were established to reduce defects by 1000% and production cycle-time by 500% (Paper, et al, 2001). To accomplish these revolutionary results Honeywell focused on processes and not detailed tasks. Multi-skilled workers in charge of building entire products or modules were favored over individual workers in a functional department. Resources were assigned to processes over individual tasks and factories were shut down for an intensive 6-hour training session with the need for radical change emphasized (Paper, et al, 2001). Employee motivation was instituted through pay for performance plans which were tied to salaried workers performance reviews. Through Honeywell’s PBS experience 10 key lessons of success were identified but two of them were identified as most critical to the outcome. _Outcome_ The two most critical lessons learned the Honeywell’s adaptation of radical change through PBS were 1) execution separates high performers from less successful PBS projects and 2) identification of the difficulty of change is not sufficient enough. The vision of the organization must change to reflect radical change (Paper, et al, 2001). The Honeywell PBS experience found that execution that is dependent upon behavioral change is extremely difficult and requires time to be successful. This is often in direct conflict with an organization’s requirements for quick profits and impatience (Paper, et al, 2001). Honeywell found the largest obstacle to successfully implementing via a PBS method was middle management resistance. Employees in middle management positions were notorious for being experts in their specific areas and the transition to a process expert over a specific functional area proved difficult to accomplish. With strong training programs and incentives, Honeywell overcame this hurdle and was eventually successfully in transforming the organization. _Identified Issue – Project Management Structure within a Functional  Organization_ Organizations often approach project management through their existing functional hierarchy and Harrison-Keyes is no different as it proceeds towards its adaptation to e-publishing. When organizations choose to adapt project management within their existing hierarchical structure they accept the disadvantages of this choice, which are lack of focus, poor integration, slowness, and lack of ownership (Gray & Larson, 2006). Similar to Harrison-Keyes, the Department of Defense (DOD) operates project management within a functional hierarchy with a dedicated project manager coordinating traffic. In a case study of the DOD project, Light Amphibian Heavy-Lift (LAMP-H), the disadvantages parallel Harrison-Keyes’s situation. The DOD’s experience serves as a benchmark for failure of project management within a functional organization and proposes a model to offset the issues that are encountered. _Response to the Issue_ Managing projects in the DOD has been described as the most complex process and the most difficult to manage under the best circumstances (J. Sutterfield, S. Friday-Stroud & S. Shivers-Blackwell, 2006). The Navy, Army, and Air Force compromise a formidable functional structure to navigate when coordinating projects. In the case of the LAMP-H project, three types of conflicts were identified in hindering the project, 1) interpersonal-based conflict, 2) task-based conflict and 3) process-based conflict (Sutterfield, et al, 2006). In response to identifying three broad-based conflict classifications the DOD case study created effective strategies to address them while managing projects. _Outcome_ Interpersonal-based conflict within the LAMP-H project was addressed with a strategy to compromise and build collaborative relationships. When the Army, Navy, and Air Force created win-win discussions all details of the LAMP-H project were agreed upon which resulted in a successful outcome of the  project (Sutterfield, et al, 2006). Task-based conflict resolution strategy is dependent upon the project manager and stakeholder’s position, power or influence. As a project manager evaluates these factors a determination can be made to deploy a competing, collaborating, or compromise strategy to effectively manage the project (Sutterfield, et al, 2006). Process-based conflict resolution cannot be influenced by a project manager because of the sequential requirements of a project. In other words, a step has to occur in its proper order for the project to proceed. This affords a heavier-handed approach towards stakeholders as less flexibility can be allowed in order to move the project forward. Because of this constraint, a competitive strategy to resolve conflict can be deployed. If flexibility is allowable within the project step a more collaborative approach can be considered (Sutterfield, et al, 2006). Successful conflict management within a project managed within a functional structure increases the likelihood of a project meeting with success. The Project-Conflict Management Framework developed from the DOD LAMP-H project provides Harrison-Keyes a methodology to resolve the current e-publishing project issues. Risk Management YouTube is a popular website that allows people to post, watch, and share video clips at no charge. While the site was initially created so the designer could share home movies with family members in other states, the website quickly caught on with the public and was soon a household name. In October, â€Å"2006 web juggernaut Google purchased YouTube for 1.65 Billion dollars in stock. Some analysts considered this a risky investment despite the 100 million plus page views YouTube receives daily† (Wood, 2006). In an article written by Daniel Wood of the Christian Science Monitor â€Å"many users cannot get enough of the idea and love the service because it is entertaining, informative, and a community of sharing things; but some concepts are too good to be true† (Wood, 2006). At any given time there are thousands of copyrighted videos illegally being shown on YouTube. â€Å"YouTube completely missed the boat by not immediately identifying the risk with  allowing user s to upload videos and making deals with television and movie studios prior to launching their service† (Wood, 2006). As news of lawsuits and boycotts spread YouTube has taken the stance that they have done everything in their power to remove copy written material from their site and are also quick to remove any videos that receive a complaint from a studio. Some users have received â€Å"cease and desist† letters from attorneys and are facing the threat of a lawsuit if copyrighted material is not taken down immediately (Wood, 2006). Recently Viacom announced a one billion dollar lawsuit against YouTube while accusing the company of â€Å"massive intentional copyright infringement† (Cashmore, 2007). Although consumers seem to enjoy the unlimited access to copyrighted work, other stakeholders are not dealing with the risks as well. â€Å"YouTube board members are becoming increasingly skeptical and worry that impending lawsuits and copyright issues will eventually do them in since they are not making a large profit† (Cashmore, 2007). In their defense the creator of YouTube obviously did not recognize the scope of this type of service in when it was created but Google knew exactly what it was getting into when they purchased the upstart company. Prior to Google purchasing YouTube members of the media predicted that the lack of a business model and persistent problems with copyright would eventually bankrupt the company (Murray, 2006). Analysts were comparing YouTube to Napster and imagined the company would soon suffer the same fate as the former king of peer to peer file sharing. Google undoubtedly recognized the risk involved with their purchase of YouTube but due to their deep pockets they can afford to take that risk while working on a solution that can appease copyright holders. â€Å"What Google ultimately wants to do is work with the companies that have their material posted by others on YouTube and give them a share of the profit from the add revenue† (Taylor, 2006). In order to do this, Google will have to create a suitable formula for  projecting profit amounts and will then have to negotiate with outside companies for agreements to avoid future legal issues. The explosion of YouTube has excited consumers and led some to predict the end of television reign, but has caused issues for almost everyone else involved. There was no legal and/or contractual consideration involved during the design or implementation stage and a strategy was never identified along with the project details. Paypal eBay Incorporated is an online auction site that provides buyers and sellers a place to trade goods and services for a fee. The site has made billions of dollars as the world’s largest online marketplace without the use of warehouse space, inventory or salespeople. â€Å"Pierre Omidyar initially launched Auction Web during the infancy on the Internet in 1995 as a market to sale collectible and rare items. Auction Web incorporated and changed its name to eBay in 1996 as the site was becoming more popular with everyday users† (Marketline, 2006). â€Å"PayPal was launched in 1999 under the name Confinity. The idealistic vision of the company was one of a borderless currency free from governmental controls. However, PayPal’s success quickly drew the attention of hackers, scam artists and organized crime groups, who used the service for frauds and money laundering† (Grabianowski, 2007). The payment system also caught on with the online auction community who found it was a safe and easy way to make and receive payments for goods without having to exchange sensitive information. â€Å"The site grew far too quickly for PayPal to handle and as a result the customers suffered† (Marketline, 2006). PayPal was able to work out some of the issues associated with their system but for the most part were always one step behind the criminals and scammers that were a threat to their system. When dealing with money it is essential that the risk is evaluated prior to taking the first transaction. In July of 2002 eBay announced they were purchasing PayPal for 1.5 billion dollars and phasing out their own fledgling payment section. While some buyers and sellers assumed PayPal is a bank, PayPal is actually an â€Å"account based system that services approximately 96 million total accounts which are available to users in 55 markets. The 96 million total PayPal accounts include approximately 19 million business and 77 million personal accounts† (Marketline, 2006). With the deep pockets of eBay behind the company, analysts assumed the security issues that were prevalent in the early days of PayPal would be quickly shored up. In fact fraud was occurring on the PayPal system in record amounts and the payment system soon caught the eye of government regulators who were forced to step in and investigate. â€Å"Regulators and attorney generals in several states, including New York and California, fined PayPal for violations and investigated the company’s business practices. Some states, such as Louisiana, banned PayPal from operating in their states altogether† (Grabianowski, 2007). PayPal has since received licenses to operate in those places but lost millions of dollars in revenues while playing catch up. Security issues were not the only problem that PayPal faced. In October of 2004, PayPal experienced five days of power outages. The Sudbury Star reported â€Å"continued intermittent service outages despite furious attempts to repair the ailing online payment service† (2004). There was a possibility that due to the system setup and lack of redundancy across the network that many accounts could be lost forever or profoundly affected by the power losses. PayPal had been playing catch up since 1999 and it looked like time was catching up to them (Grabianowski, 2007). The power outage allowed some but not all users to complete online transactions which resulted in a very frustrating situation for PayPal users and caused some long time account holders to close their PayPal account altogether. General Electric Co. – Robert Reimer _Similar Issue Facing GE/Harrison-Keyes Publications, Inc._ Harrison-Keyes is faced with a corporate culture that is different for every  department. Corporate politics has become the norm for any decision that needs to be made. The corporate culture that fosters a self-centered approach to results, coupled with their lack of project structure, has led them to failure to implement a successful plan. General Electric (GE) has faced similar issues in its long and illustrious history and has dealt with them in such a way as to build GE into a recognized global business leader. Specifically, GE has the following issues that they have confronted and that currently face Harrison-Keyes: 1. Aligning organizational culture with project structure to achieve their corporate strategies, 2. Create a corporate culture that does not tolerate corporate politics and in fact breeds a cooperative environment between management, employee, and the customer/authors, and 3. Identifying managers that are talented and that will perform. _GE’s Response to the Issues_ The former CEO of GE, Jack Welch, the recognized business leader of the twentieth century, has stated that â€Å"If you ran a baseball team, who would you want to hang out with? The head of player personnel or the chief accountant?† (ABA Banking Journal, 2006) Mr. Welch’s point is that in business, as in sports, â€Å"the whole game is about talent-whoever fields the best team wins. Nothing you do is more important as building talent. Spend at least half your time developing people† (ABA Banking Journal, 2006). GE has developed managers by encouraging their input and to take chances and by allowing them to take on leadership roles at young ages. GE has relied on performance based initiatives and rewards risk takers. As Mr. Welch has stated, â€Å"give people chances to try new things and run things when they’re 30, not 50. If you’re spending all your time developing good people†¦they can’t wait for you to grow. If you want new things, take care of the people who try things. When they make mistakes, praise them, or they’ll become afraid to make mistakes† (ABA Banking Journal, 2006). GE has also created a corporate culture that dismisses politics as a means to and end and encourages a culture that involves all members of the GE community, its senior management, its employees, and its customers. GE’s success has developed based on defining a corporate culture that is not individualized  by department but practiced as an organization. GE’s success is based on the acronym LATIN. Leadership in that they make sure they have the right leaders for the job and at the right time; Adaptability by developing flexible strategies; Talent by investing in high potential people; Influence by being a company that is proactive instead of reactive, and ; Networks wherein expectations are met by maintaining discipline and consistency (PR Newswire, 2007). This creates a corporate cult ure that advances the overall goals of GE, involves the entire company, and results in not only the creation, but the communication of this culture that results in projects that are structured for success. _Outcomes of GE’s Response_ The result of these corporate strategies and the resulting project structure has been that GE increased production and has empowered its employees by adopting a program called Work-Out (D’O’Brian, Joseph, 1994). This program was created following a â€Å"town meeting† format wherein employees at all levels are asked to gather and solve problems, ultimately coming up with solutions to specific problems. When they are done they pass these along to senior management. This program has changed the relationship between management-employee in several ways, the most significant being that it has â€Å"horizontalized the company to some degree: Individual accountability for specific products and functions is maintained, but it is easier for any employees to take a hand in improving the making or doing of any specific thing† (D’O’Brian, Joseph, 1994). As to identifying managers that are talented and will perform, Jack Welch, former CEO of GE advocates the policy of firing the worst performing staff on a yearly basis. Although controversial, this tactic has not harmed GE’s performance (MacAskill, John, 2007).