Innovative Approaches to Corporate Management

Innovative Approaches to Corporate Management Free Online Research Papers Year after year the same companies find themselves on the Fortune 500 list. One common denominator has been their approach to corporate management. In order for a company to be successful in today’s market, companies have to have a clear cut vision in the form of a mission statement and create a corporate culture which moves that vision into a reality. Companies cannot fear change, but rather embrace it and view it as a way to take their companies to the next level and become a model for other companies to emulate. Innovative Approaches to Corporate Management In 2001, Enron, based in Houston, Texas, was one of the world’s leading electricity, natural gas, and communications companies. Fortune Magazine named Enron as one of America’s most innovative company for six consecutive years from 1996-2001(Enron, 2006). Enron was well positioned in the market, and there seemed to be no stopping this powerhouse corporation. By the end of 2001, Enron had declared bankruptcy and became, arguably, the biggest corporate failure in American history due to poor corporate management (Epstein, 2006). While Enron’s Chief Executive Officer, executives, and managers let corruption, dishonesty, and greed be their mantra for corporate management, successful companies such as Microsoft were flourishing by taking innovative approaches to their corporate management policies. Microsoft was founded in 1975 by Bill Gates and Paul Allen in Albuquerque, New Mexico and incorporates in 1981 (Microsoft, 2007). Over 30 years later Microsoft has become the leading software company in the world today thanks to the development of a software package called Windows (Microsoft, 2007). Windows is found on virtually every home and office computer in use today. In fiscal year 2006, Microsoft generated over $44 billion dollars and returned $26 billion to its shareholders (Microsoft, 2007). Currently, Microsoft employs over 76,000 people in over 100 countries and continues to expand to new markets (Microsoft, 2007). Microsoft’s overall success can be attributed to their corporate management and corporate governance. In the 1970’s and early 1980’s companies typically held board meetings, and the executives sat in the conference room to decide the company’s fate in their morning meetings. By the end of the 1980’s and the early 1990’s, companies employed new tactics by hiring so called visionaries to help take their company into the new millennium, but had trouble implementing the vision into a working plan, or they faced resistance from the common worker who could not quite see the â€Å"big picture† because they were not privy to all the pieces of the puzzle. Companies like Microsoft were able to surpass their competition by moving that vision from the board room to the quarterly shareholder’s meeting and then to the break room so that they were able to move their vision into execution. A prime example of Microsoft moving vision into execution is the gaming system X-Box. When Bill Gates first announced the X-Box at the turn of the century, everyone thought he was mad or just plain crazy. Sony was the front runner with the Playstation, and Nintendo was running a close second with the Game Cube, while Sega was bringing up the rear in third place with the Saturn (Chang Kakuchi, 2000). The gaming market seemed impossible to penetrate given the competition producing such quality gaming systems, but Microsoft was determined to announce their presence with authority in an industry noted for its opposition to outsiders. Gates marketed his vision to produce a gaming console to over 150 developers including the likes of Activision, Konami, Capcom, Eidos, Epic, and eventually Entertainment Arts (Microsoft, 2007). Seven years later, Microsoft has claimed the number two spot, only slightly behind Sony (Ars Technia, 2007). Having a vision is one thing, however being able to effectively communicate that vision to the lowest level within the company is another approach corporate managers are taking. Corporate communication is essential in determining the success of a business. For a business to run efficiently, good lines of communication must be established between management and staff. Many companies refer to this approach as the â€Å"open door† or the â€Å"top down† policy. Innovative thinkers realized that senior leadership did not always have the answers or present the best ideas and that sometimes the best ideas came from the hourly employee out in the trenches doing the daily mundane labor. Being open and receptive to such ideas allowed employees to create their own vision and promoted a sense of collaboration. Achieving that â€Å"buy-in† from employees and allowing them to feel as if they can affect change is essential to company survival and longevity. Not only com municating vision to employees, but shareholders and customers as well, is also another innovative approach found within many successful companies. Microsoft conducts quarterly shareholder meetings to communicate the current status of the company by giving their investors and customers accurate and honest information concerning financial reports, technologies, employees, and growth plans, just to name a few (Microsoft, 2007). In addition to quarterly meetings, Microsoft also posts the information on their website for the public to view as well. The team concept is yet another approach prevalent in many of the top companies listed on the Fortune 500. Instead of a senior to subordinate relationship, successful companies are adapting to a teammate to teammate business model. The benefits of team building activities increase team motivation in a fun and relaxed environment: they boost team morale, increase communication, get teams working together, help teams to get to know each other, enhance leadership skills, help teams learn new strength and build trust within companies (Accolade, 2007). Another benefit of team building is the breakdown of traditional barriers that were often the status quo in corporate America. By moving the managers out of their private offices and allowing employees to interact with them on a more personal level, it created an environment much more conducive to collaboration. Corporate managers must be the first to step outside of their comfort zones and lead. Today, the role of corporate management is to facilitate change. One approach that Microsoft promotes is the implementation of newer technologies. A research department within Microsoft is â€Å"dedicated to conducting both basic and applied research in computer science and software engineering†(Microsoft, 2007). They openly collaborate with many colleges and universities all over the globe. With the abundance of change occurring in the corporate world, and the implementation of newer technologies, the road ahead can be unclear. It is important to create a corporate culture which allows for employees to overcome their fears: fear of the unknown and fear of being wrong. A lot can be said about a company just by taking a look at the corporate culture and the way employees are treated. According to Wong (2002), there are four healthy styles of corporate cultures: Progressive-adaptive culture, Purpose-driven culture, Community-oriented culture, and People-centered culture. Businesses are not multi-million dollar corpor ations overnight and technologies are not invented in a day. More often than not, a great deal of trial and error goes into the discovery of newer and improved ways to do business and streamlining processes. Eventually the wrongs will turn into rights, the unknown will become clearer, and the vision will become a reality. Enron, Tyco, Adelphia, and Worldcom are all examples of recent corporate failures (The University of Chicago Graduate School of Business, 2007). Their failures all boil down to one common mistake, poor corporate management. Meanwhile, the same companies consistently continue to make the Fortune 500 list year after year. Looking over the course of history and the growth for each of these companies, their success can be defined by the innovations to their each and own corporate management policies. References Accolade. (2007). Team building. Retrieved June 16, 2007, from accolade-corporate- events.com/team-building.htm Ars Technia, LLC. (2007). From the news desk. Retrieved June 17, 2007, from http://arstechnica.com/news.ars/post/20060611-7030.html Chang, M., Kakuchi, S. (2000). Business: Game, set and match. Asia Week, 29, 26 Enron Creditors Recovery Corp. (2006). Press Releases 2001. Retrieved June 15, 2007, from enron.com/corp/pressroom/releases/2001 Epstein, A. (2006, July 7). The Unlearned Lesson of Ken Lay and Enron. Capitalism Magazine. Retrieved June 15, 2007, from http://capmag.com/index.asp Microsoft Corporation. (2007). Annual reportst. Retrieved June 16, 2007, from microsoft.com Microsoft Corporation. (2007). Fast facts about Microsoft. Retrieved June 16, 2007, from microsoft.com Microsoft Corporation. (2007). News archive. Retrieved June 16, 2007, from microsoft.com The University of Chicago Graduate School of Business. (2007). Capital ideas. Retrieved June 17, 2007, from chicagogsb.edu/capideas/fall03/corporategovernance.html Wong, P. T. P. (2002). Creating a positive, meaningful work climate: A new challenge for management and leadership. In B. Pattanayak and V. Gupta (Eds.) Creating performing organizations: International perspectives for Indian management. New Delhi, India: Sage. Research Papers on Innovative Approaches to Corporate ManagementThe Project Managment Office SystemAnalysis of Ebay Expanding into AsiaMarketing of Lifeboy Soap A Unilever ProductTwilight of the UAWNever Been Kicked Out of a Place This NiceDefinition of Export QuotasPersonal Experience with Teen PregnancyOpen Architechture a white paperBionic Assembly System: A New Concept of SelfPETSTEL analysis of India

Can I Get an Accredited High School Diploma Online

Can I Get an Accredited High School Diploma Online SAT / ACT Prep Online Guides and Tips Are you looking into online high schools and wondering if they’re legitimate?Have you come across the word â€Å"accredited† and want to know what it means?Online high schools have been exploding in popularity in recent years, and, as more are created, it can be difficult to tell which are legitimate schools and which are little more than diploma mills. Read this guide to learn more about online high schools, what it means for a school to be accredited, where to get an accredited high school diploma online, and how to ensure that you are choosing the best school for you. Note: If you're interested in getting your GED online rather than an accredited high school diploma, read this article instead. What Is an Online School? Asyou may have guessed, an online high school is a school or program where students can earn their high school diploma by taking classes online.Some of these classes arecompletely online, while others are mostly online but require students to visit a testing center or other location to take final exams. If you enroll in an online high school, you can either take a few classes to supplement your degree at your regular high school, or you can earn your entire high school diploma online.Some of these programs are affiliated with traditional brick and mortar schools while others are solely online.Online high schools can be public, private, charter, or university/college affiliated. To learn more about why people choose to attend online high school and how it can benefit you, check out our guide to online high school, and learn how to decide if it's a good choice for you. What Does Accreditation Mean? Accreditation is a process of evaluation that schools (both online and traditional) undergo in order to ensure they meet certain quality standards for education. Accreditation is evaluated regularly, and a school can lose accreditation if a large number of students don't meet educationalstandards for their grade level, there aren't enough teachers for the students, teachers don't have necessaryeducational backgrounds, or a different reason. Before a school becomes unaccredited, it is often given a warning and probationary period first to try and improve. A school can regain its accreditation if it has shown sustainable improvement, but becoming re-accredited can often take several months or even years. For high schools, accreditation requirements vary by state. Public schools must follow guidelines set by their state government in order to be accredited, while the requirements for private and charter schools often vary widely, depending on the state. Accreditors must be approved by the US Department of Education (USDE) in order to be considered legitimate.A school that is legitimately accredited will provideinformation about who it is accredited by (such as a regional accreditor), and who accepts that accreditation, such as "Fully accredited by the State Department of Illinois." A school that simply lists "accredited" without mentioning who it is accredited by or who accepts that accreditationmay not be officiallyaccredited, which is pretty much the same as not being accredited at all. Unfortunately, fake accreditors do exist. Accreditation is important because it lets students know they are attending a school that provides them with a quality education, and, when they graduate, it lets others know that their education met certain standards. Colleges want to accept students from accredited high schools because it gives them confidence that those students were taught what they need to know to be prepared for and succeed infuture classes. For students who are younger than16, accreditation becomes even more important because you will only be considered enrolled in school (which is required until you turn 16) if the online school you attend is accredited. Are There Non-Accredited Online High Schools? What Are the Dangers of Taking Classes Through Them? As online education continues to grow in popularity, more and more online high schools have been created in order to keep up with demand.Some of these online high schools have gone through rigorous development and reviews and can provide an education equal to that of a traditional high school;however,others are nothing more than diploma mills that take your money and give you a prettyuseless piece of paper in return. Accreditation is the best way to pick out the highest quality schools and prevent yourself from getting scammed.But what if you find a really great online high school that offers great classes, but it isn’t accredited? Is it really that bad to take classes at an unaccredited school? In short, yes.The first reason taking classes from a non-accredited school is bad is that you likely won’t get a good education. For a school to not be accredited, it either didn’t put in the effort to attempt accreditation (a bad sign, considering how important it is), or it failed the accreditation process because it didn’t meet certain education standards. Simply put, this means that you will be taking classes from a school that hasn’t been found to provide a quality education. Any person canset up a website and claim to run an online high school.Some online high schools will give you a â€Å"diploma† as long as you pay their fee and take a short multiple choice exam. While that’s an extreme case (and that company was eventually shut down), there are many other non-accredited programs that claim to offer you a high school education but don’t deliver. Getting a diploma from an unaccredited school could cause problems for you in the future. Image Source: Flickr/Enokson While getting a high school diploma so easily may seem nice, if you don’t learn much before getting it, you likely won’t be prepared for whatever the reason you’re attempting to finish high school, whether that’s college classes or a more advanced job. That can lead to you feeling confused and overwhelmed, and you may end updroppingout of schoolor quitting your job because you didn’t have the knowledge you needed to do well. Another important reason to not take classes from a non-accredited school is because most other schools and people won’t accept the classes you took. This means that, if you took classes at anon-accredited online school, they probably won'ttransfer to your regular high school, and if you receive a diploma from anon-accredited high school, mostcolleges and employers won’t accept it.Colleges want students from accredited high schools because it increases the likelihood that they received a rigorous education and are prepared for college classes. For almost alljobs and colleges, having a diploma from a non-accredited high school is just about the same as not having a high school diploma at all.Taking classes at a non-accredited online high school can leave you with a poor education and an expensive piece of paper that likely don'thelp you further your education or career. Is It Ever OK to Take Classes at a Non-Accredited Online High School? Now you know the risks of studying at an unaccredited online school, but would there ever be a good reason to take classes at anon-accredited school? For almost all high school students, it's a bad idea to classes at anon-accredited school.However, there area fewtimes whenit could be OKto take classes at anon-accredited online high school. The reasons are listed below; however, for each of them, remember that there is still some risk involved if you ever change your plans and would like those classes to transfer to a school that only accepts credits from an accredited school. Whenever possible, you should still choose an accredited school. One reason you may take classes at a non-accredited school is because you don't plan on pursuing additional education afterward,so you don't need to worry about other schools accepting the classes. This may be the case if you are attending a technical school or certificate programwhere your qualifications will be based on a specialized test you need to pass and not the accreditation of your school. Another reason you may take classes at a non-accredited online school is if you are only taking a few classes for your own personal use and not looking to receive academic credit for them. This could be the case if you want to take some online classes for fun, to brush up on a particular skill, or to prepare yourself for future classes where you will receive academic credit (such as taking an online calculus class before your actual calculus class begins). This may also be true forhome-schooledstudents who want to supplement their education with online classes. A third reason is that the traditional (i.e. not online) school you are attending or will attend has agreed to accept classes from a non-accredited school. Some high schools and colleges have partnershipswith certain online class providers, and they may give you academic credit for classes you take through them, even if those online schoolsaren't accredited because your schoolstudied their syllabi and knows theymeet their standards. However, you should absolutely check on thisbefore enrolling in an unaccredited online class, and you should get confirmation, preferably in writing, that the class will be accepted. If you're going to attend an unaccredited online school, be careful, and don't jump in right away. How Can You Find OutIf an Online High School Is Accredited? So now that you know how important accreditation is, how can you find out if the online high schools you’re interested in are accredited? There are several different steps, and each isoutlined below. Step 1: Check the School Website Typically, the easiest way to see if a particular school is accredited is to check its website.If the school is accredited, it will state that somewhere on its website, often on the first page or in the â€Å"about† section. Some schools have specificpages just to show their accreditation. Once you find this information,sure the schoolalso states whoit received its accreditation from and/or who that accreditationis recognized by (such as a regional accreditationor a department of education). A school will rarely come out and state that it’s not accredited, however.If you can’t find any accreditation information on the school’s website, move on to the next step. Step 2: Check Online Resources While the US Department of Education has created a database for people to check the accreditation of colleges and universities, there is currently no such resource to check for high schools, so it can be slightly more difficult to learn if a high school is accredited.First try doing an internet search for â€Å"accreditation + [School Name]†.You can also search for online reviews to see what past students are saying about the school. Step 3: Contact the School If you are unable to find information online, contact the school itself.Look on the school’s website to find its contact information, and either call or e-mail them.Ask if the school is accredited and, if so, by whom. Be aware that many schools do not like to admit outright that they aren’t accredited, so they may give you a roundabout answer. You should be extremely wary of any answer that isn’t a plainâ€Å"Yes.† This includes â€Å"We’re almost accredited†, â€Å"No, but we’re just as good as accredited schools,† and similar responses. This is often just a way to try and convince you to enroll in the school anyway. If they are accredited, ask for more information on who accredited them. It may be a regional accreditation, national accreditation, or a state accreditation. If a school isn’t accredited, move on to another one that is. There are many options for online high school now, and more and more of these schools are becomingaccredited. Summary Online high schools can be a great way for people who can’t attend traditional schools to obtain their high school diploma. However, as online education becomes more popular, some schools have been created solely as a way to make money for their owner, with no regard to quality of education. Accreditation is a way to easily find out which schools provide a good education. If a school is accredited, that means it met certain education standards. If you enroll in an online high school that isn't accredited, you will most likely not get a good education, and your diploma and coursework won’t be accepted by almost anycolleges or employers, making it pretty much useless. You should always check to see if a school is accredited before enrolling. You can do this by looking on the school’s website or contacting them directly. What's Next? Wondering if you should earn an accreditedhigh school diploma online? Check out our guide toonline high schools and learn how to decide if they are the best choice for you. Thinking about getting a GED instead? We discuss what a GED is, how to get your GED online and the best GED practice tests to help you prepare here. Want an in-depth look at an online high school? Read our reviewof the prestigious Stanford Online High School and see if it's something you're interested in. Why is your high school transcript so important? Learn about what information a transcript includes and why it's often the most important piece of information colleges look at. Do you even need a high school diploma to get a job? Find out what careers require a high school diploma and when you can get away without one in this article. Want to improve your SAT score by 160 points or your ACT score by 4 points?We've written a guide for each test about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now: