1. Introduction Rob Parson had recently been hired by Paul Nasr‚ a senior managing director at Morgan Stanley as a principal in the Capital Markets Services division. The division had done very little business even with its most important investment banking clients. In particular the bank wanted to improve business with clients in the financial services industry. Parson was hired for his proven track record in this domain‚ for his relationships with clients and for his energetic and entrepreneurial
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looked back on his life and provided eleven points of his own wisdom. Now let us examine the film The Fog of War and some of the points stated by the former Secretary of Defense and compare them to the ideas of Niccolo Machiavelli and see how the ancient philosopher might have praised or critiqued the ideas of McNamara. “Belief and seeing are both often wrong‚” this is Robert McNamara’s seventh point from the film. At this point much of the context he is referring to goes back to Vietnam and all the
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Case Analysis: Rob Parson at Morgan Stanley (A) 1. Evaluate the effectiveness of the Morgan Stanley performance assessment and management system. The primary source of performance assessment at the firm is a multi-source 360 degree feedback tool. The secondary source is an employee’s self assessment. There are a number of issues as to why the primary tool is not effective in truly assessing the performance of an employee at Morgan Stanley. The first issue surrounds the reliability of
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Reflection: Stand and Deliver Jaime Escalante has a steady job but left it for a lowly position math teacher at James A. Garfield High School. Knowing that the school is where rebellion runs high and teachers are more focused on discipline than in academics‚ he is determined to change the system and challenge the students to soar high in excellence. Of course‚ the students will not like a teacher who engages them in the things they don’t like. But as days passed‚ Escalante was able to convince
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Tyler Broaddrick Betsy Seymour English 101-014 18 October 2010 “Roger & Me” In the 1980s General Motors started a big controversy by shutting down some of their plants and opening new ones in Mexico for cheaper labor. This caused the once popular and growing town of Flint to become nothing more than a deserted and run-down place. Michael Moore’s film Roger & Me is a very biased film concerning the citizens of Flint‚ Michigan that lost their jobs due to General Motors shutting plants
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Management of People at Work Rob Parson Case Study 1 Case Overview The internal environment at Morgan Stanley was one of teamwork‚ employee development‚ dignity and respect. Morgan Stanley had developed a way of building consensus rather that individualism. Rob Parson was thrust into this environment – not sure of what was expected of him and with only one objective in mind – improving the performance of the Capital Markets division. He went about doing this ruthlessly without much care about
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Rob Parson’s Promotion Paul Nasr made the right decision recruited Rob Parson‚ due to his character for being energetic and he has great entrepreneurship. Not only that‚ Rob Parson is the right person that is able to catalyst and help Morgan Stanley’s future business performance. Rob Parson is able to deliver and satisfy clients demand in excellent manner‚ resulting he has generated major business deal for the firm. Clients love him; they always look forward to appoint him for dinner whenever they
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recommendations for the board of Morgan Stanley to improve the existing situations. 2. Problem Statements. Rob Parson was a star producer in the Capital Market Services Department who had been recruited from a competitor two years ago and had generated substantial revenues since joining the firm. I would like to address more specific and surface problems for this situation as follows: 2.1 Problem 1 -Rob Parson’s Performing Issues. Parson’s success at generating business was offset by performance reviews
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Lemonade Stand – Final Report Carla L. Mathis Business 599 Lee Meadows August 3‚ 2010 This summary seeks to explain financial transactions that have occurred during the final season of the operation of the Lemonade Stand. The preparer has aggregated the data in an effort to fairly and accurately present a financial picture for the Lemonade Stand. Financial Position Summary Refer to Appendix I for Season One‚ Two‚ and Three Income Statement and Balance Sheet Income Statement: The earnings
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Film Report on “American Me”: A Therapeutic Perspective Taj Gunter: March 2008 “American Me” is a fictional film having a factual basis‚ starring and directed by Edward James Olmos. Released to the national theater circuit in 1992‚ “American Me” depicts the life of Rodolfo Cadena‚ a ranking Carnal (gang member) in the prison gang La Eme‚ also known as the Mexican Mafia. To therapeutically approach the salience and pervasiveness of
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