CEO of Continental Airlines - Larry Kellner Research Paper

CEO of Continental Airlines - Larry Kellner - Research Paper Example development with the airline from joining to becoming CEO in December 2004 with particular reference to management style of the US airline, particularly in a tough market. It is submitted at the outset that Kellner’s management style at Continental Airlines highlights the importance of implementing an efficient interrelationship between creativity at business operational level, employee relations and customer relationship management (CRM). Accordingly, in Section 2 I shall firstly present a summary of Kellner’s career charting his graduation from South Carolina University to an exemplary career in private equity. This will be followed by a discussion of his eventual move to Continental Airlines and role in the continued growth of Continental Airlines and air transportation. In Section 3, I shall evaluate Kellner’s role and management philosophy in running Continental Airlines and how this has benefited the company in tough market conditions including increasing competition, personnel management and burgeoning oil prices. Kellner’s career in private equity and as business strategist has been prolific and the Business Week (2009) Executive Profile highlights the Kellner’s achievements as graduate from South Carolina University and recipient of the distinguished alumni award in 1998 (www.investing.businessweek.com). After graduating in a Bachelor of Science and Business administration degree, Kellner worked for and became Executive Vice President and Chief financial Officer of the Koll Company followed by his appointment as Executive Vice President and Chief financial officer of American Savings Bank FA from November 1992 to May 1995 (www.investing.businessweek.com). Mr Kellner joined Continental Airlines in 1995 and became director in 2001, going onto replace Gordon Bethune as CEO in December 2004. Kellner recently announced his departure from Continental airlines; however his role at Continental has been heralded as being a prime example of successful

Evaluating antitrust legislation Essay Example | Topics and Well Written Essays - 500 words

Evaluating antitrust legislation - Essay Example The origin of Anti Trust Law lies in the reaction to public outcry over the corporate monopolies that dominated US manufacturing and mining. The trusts formed by mergers and mutual understandings used to control prices according to their profit needs. This practice has come to an end by the enacting and executing this act. In the 20th century President Theodore Roosevelt and his successor President William Howard Taft, responded to public criticism over the rapid merger of industries by pursuing more vigorous legal action, and steady prosecution. This brought the downfall of monopoly in the manufacturing resulting in price fall. The Clayton law in 1914 declared price discrimination, tying and exclusive-dealing contracts, corporate mergers and interlocking directorates as illegal but not criminal. The Robinson-Patman Act, passed by US congress in 1936 explicitly forbade forms of price discrimination, in order to protect small producers from extinction due to competition. From 1937 to 1940 Roosevelt's effort to cope with economic decline brought federal antitrust enforcement back. After that Congress added its last piece of important legislation in 1950 with the Celler-Kefauver anti merger act. This made the businesses unable to target the assets of the rivals also in addition to previous forbidding of anti competitive stock purchases. A loop hole was plugged.

To what extent has economic development brought about changes to the Essay

To what extent has economic development brought about changes to the position of women in South East Asia discuss with examples from one or two South East Asia - Essay Example Recent news broadcasts herald the advancement of women in Vietnam and on the surface things look very positive: in State agencies, women hold 20% of managerial positions and they account for almost 26% in the National Assembly; the country has bred a group of self motivated female industrialists; their intensified role in society is also replicated in their involvement in science and technology, culture and sports; the number of female technical doctors and professors has increased in recent years, and female volleyball players and football players have bought fame to the nation with their excellent triumphs. (VietNamNet, 2007) While it mat be true that Vietnam leads the Asia and the Pacific region in key aspects of gender equality and within the Asia-Pacific region, is second only to New Zealand, in terms of female representation in the legislature, (VietNamNet, 2007) this equality is not as clear cut as it may seem. A report by the Asian Development Bank in 2007 says that with one of the highest rates of economic participation of women in the world, Vietnam is one of the more advanced countries in respect to gender equality. They tell us that there is little difference between genders in school enrollment rates, and that literacy is high for everyone, and the gender gap is decreasing."Equality between men and women is enshrined in the Constitution of Vietnam," (Ban De In, 2006) and according to the 1996 Constitution and related laws, women and men have equal rights with respect to economic opportunities, marriage and family matters, political input, community management, and ownership of property including land. The 2000 Law on Marriage and Family specifies that certificates for the use of common land by a household must list the names of both the husband and wife, thus signifying shared ownership. However, the prior 1993 Land Law, does not mention dual ownership, and in most cases, these certi ficates are registered in the name of the husband or male head of the household. This in turn, makes it more difficult for women to obtain credit for business opportunities. Although women, by law have equal rights in terms of property, they are often hindered by social factors, which intersect and conflict with legislation and enforcement of these equal rights is usually left to the judgment of local officials, who are usually male and vie in favor of the male member of the household. (Fahey et al, 2002) In 2002, the Vietnamese government approved the National Strategy for the Advancement of Women to 2010. "The strategy aimed to improve the material and spiritual lives of women, and create good conditions to effectively implement fundamental rights and promote the role, of women in political, economic, cultural and social fields." (Vietnam Embassy USA, 2006) Although to date, many of the targets set by the strategy for women's advancement such as, providing jobs, abolishing illiteracy, reducing the mortality rate related to pregnancy and birth, and increasing the rate of female representatives in the people's councils at all levels, have been

The Political Economy of Japan Essay Example | Topics and Well Written Essays - 750 words

The Political Economy of Japan - Essay Example His paper highlighted the remarkable transformation of Japanese business practices. Japanese corporations have adapted the "Choose and Focus" strategy which "enabled Japan's leading corporations, previously diversified to an exceptionally high degree, to become leaner, more nimble, and more competitive at home and in the global economy" (Schaede 2008). They did this by shedding non-core businesses and by repositioning for leadership in targeted technologies. This strategy was said to be completely opposite to Japan's previous industrial architecture but it has surprisingly created fresh market opportunities both for start-up enterprise and for foreign investors (Schaede 2008). It has challenged existing companies out of mediocrity and complacency, through series of mergers, acquisition and hostile take-overs (Schaede 2008). More importantly, this transformation was observed to have been rooted in the component and material industries rather than in consumer products (Schaede 2008). G enerally, the more lean Japanese business has proven to be an effective and competitive strategy and this is the fundamental transformation that the author is talking about. Another social scientist, T.J Pempel mentioned about fundamental transformation in the Japanese economy. It is our goal in this paper to examine if what T.J Pempel refers as a fundamental transformation is the same as that of Schaede's. Pempel mentioned at least three changes in Japan, things with regard to its political system, to its economy and to its international relations. In the political arena, the noticeable internal fragmentation of the Liberal Democratic Party, its loss of a parliamentary majority and executive control, and the introduction of a new electoral system for the Lower House of the Diet has spelled the end of the party (Pempel, 1998). Second of these changes is the economic slowdown of the once forward-heading economy. These economic turnaround from an unrelenting success was brought by the collapse of both the stock and land prices, five years of almost zero growth, international downgrading of the Japanese bonds and the collapse of numerous financial institutions among others (Pempel 1998). He also mentioned the changes in international relation, with particular focus on an apparent sibling rivalry with the United States primarily triggered by the economic competition. This competition was sh own in series of trade and market disputes. Since the paper of T.J Pempel was written a decade before that of Schaede, we can say that they are talking about different scenarios and different type of transformation. But, it is analytically obvious that the Japanese transformation mentioned by Ulrike Schaede had its origin in the political, economic and international relations changes by Pempel. Therefore, they are not mutually incompatible arguments but are complimentary. In fact, the 2008 paper of Schaede is a support to the premises of Pempel, revealing that Japan was able to move forward from the transformation that it experienced a decade ago. The fundamental business transformation of Japan was a

International, Global, and Domestic Business Coursework

International, Global, and Domestic Business - Coursework Example Likewise, DAE ensures that associated employees and organizations do not gain financial benefit by performing illegal acts and property that is utilized in the process. During one of the cases that were covered by an audit company $420 million cash was recovered from employees and organizations involved in illegal drug activities. DEA is a principal department that is capable of forfeiture of seizing cash during any drug enforcement investigations. However, other local agencies associated with law enforcement can also seize cash during their drug enforcement operations and the money is transferred to a federal agency i.e. DAE. After receiving the seized cash, DAE follows federal forfeiture laws in which, 80% amount of the seized money is utilized for law enforcement purpose, however, there are some cases when the money is utilized by General Revenue Fund. Baselines or minimum-security standards for practitioners are addressed in the Title 21 CFR 1300 that is utilized for evaluating security. However, it is not necessary that they can provide adequate protection by deploying effective controls and procedures for ensuring safety against theft of the controlled substances require a safe place, as per distributor’s requirements. Likewise, the same perspective is applicable to other experts, as all the security controls will be investigated to evaluate the compatibility as per laws and regulations for ensuring theft protection. Moreover, baselines or minimum standards for experts dealing with controlled substances require a safe vault or room made from foolproof security. Likewise, pharmaceuticals provide options for storing controlled substances by encapsulating or hiding them amongst available stock that is categorized as non- controlled substances. However, there are no details provided for construction of a secure vault or location, only the intent of the law is visible i.e. controlled substances must be appropriately protected. Consequently,

Wk5 (31) Essay Example | Topics and Well Written Essays - 500 words

Wk5 (31) - Essay Example Ethno centricity means that one observes a culture from the point of view of the culture and not necessarily from the point of view of one’s own culture. Lack of Cultural sensitivity can lead to stereotyping. The instance of this or the example of this is the point where people engage in stereotyping without sensitivity. Usually, we see Hollywood movies engage in stereotyping without cultural sensitivity and this often result in caricatures of the people being stereotyped. The stereotyping is more prevalent in popular culture and depictions of public images by generalizing the cultural and racial characteristics to include all members of the group. The skills that I would use include the usage of culture specific jargon and words to describe the culture in non stereotypical fashion. This can be done by an increased awareness of the culture of the others and by an effort and attempt to know the culture of the other without compromising on the factual element. The necessary pre-requisites for such skills would ensure that I can foster cultural sensitivity without engaging in stereotyping. The dimensions that Iveys identifies within the three organizing principles are perception of the self, aculturlization and style of personality. These are the organizing principles around which the concept of the verbal and non-verbal discrepancies is built. Each of the dimensions is important and a good point of study from the view point of observation and interviewing the subjects. The most important behavior to observe is that of the perception of the self as this is often a gateway into the future of the self as compared to the other dimensions that merely touch upon the fringes. The perception of the self is an important starting point for further analysis into the causes of what makes the people behave in a certain way. The specific examples for each kind of dimension are the ways in which the behaviors are influenced by the dimensions. The information

My role as an Officer Essay Example | Topics and Well Written Essays - 500 words

My role as an Officer - Essay Example I also have been trained to specialize in operating maritime vehicles; this is not something that every Warrant Officer will be responsible for, however each will specialize in some field such as with aircraft, special units and equipment, organized tasks and other events. I have been trained to specialize in maritime vehicles because so many other roles within the Army are not so focused; Army personnel are generally trained in a little of every aspect of the entire organization and it is my job and the job of other Warrant Officers to take the lead on tasks that require a deeper knowledge base. Another important part of my job is to function as a teacher for other Army personnel. I possess the skills to train a variety of personnel in general studies as well as to help recruits who have been chosen to specialize get their studies underway. It is up to me to share my own knowledge of how the Army is organized and how each person fulfills a role within that framework so that every new recruit understands their function and what they are responsible for within the larger unit. As a Junior Warrant Officer, I was involved more in the day-to-day tasks of my unit; dealing with machinery and exercises.