An investigation into the theory and practice of management skills Essay

An investigation into the theory and practice of management skills development in the hospitality and tourism industries - Essay Example Thankfully my research and academic proficiency led me to applying in Marriot International among other companies for a management trainee post and getting a positive response from the company. Marriot International is the third largest chain of hotels in the world by employees and revenues but what struck me most about the company was that it consistently got selected as one of the five most ethical companies in an annual review carried out by a rating and analysis firm. The company is based in the United States but has a large setup in the United Kingdom and offers a management trainee program or as the company calls it, a leadership development program, in 30 countries of the world. I got selected in this program that goes by the name of Voyage and conveyed my consent for joining appropriately quickly. Now I am an inductee into the program in its UK chapter and it is early days for me as a trainee of event management, a field of profession I chose to enter after long and careful deliberation. I think that the most prominent feature of event management that is not as important in other types of management is time management which I think is one of the best qualities a person can possess. Also if an event and the planning leading up to it are considered a complete project, I shall get more experience of handling whole projects than I would have gotten in any other field of corporate management. Finally, I have taken this route because I would like t o permanently leave the status of employee one day and establish my own company in the event management business. The first skill that I think I will be requiring to acquire to progress on this career path is keeping my fitness level high. By fitness I do also mean personal health care as well. I have honestly concluded from what I have come to know so far about the job of event management for large companies that it is a tenuous job; it is both physically and

michael jordan :: essays research papers

Michael Jeffrey Jordan is the son of Deloris and James Jordan. He has three siblings, Ronald James, Deloris, and Larry. Mike was born on February 17th, 1963 in Brooklyn Hospital. He grew up in North Carolina. Before basketball Mike enjoyed playing the game of baseball. I chose him because I knew little about him, like he played with the Chicago Bulls and he got married and had a son. Before I didn’t know he got a divorce. He is currently playing with the Washington Wizards in his fifteenth season of basketball. He is the fourth player to score 30,000 points. Besides basketball, Michael Jordan opened his own school and training camps called Michael Jordan Flight School.   Ã‚  Ã‚  Ã‚  Ã‚   One day Mike’s father made a full basketball court in their backyard where Larry and Michael always played there. He started playing around the age of eight. Every time the two brothers played it made Mike’s skills get better and made him into a better player. He wasn’t sure if basketball fitted his talents, so he went to baseball, football, and track. However, Mike found his love in the game of basketball. He wanted to work on his game to become a pro player so he skipped school to practice, but unfortunately he got suspended. His mother made him study all day. Mike never said an unkind word to anyone and was liked by everyone, even his teachers. When he needed help, he’d come after school to learn more. Some people would make fun of him in front of girls. In that way no one would marry him.   Ã‚  Ã‚  Ã‚  Ã‚  A basketball scout picked him in Division I. No one from his school had ever played in Division I. His experience gave him more confidence to play the game of basketball. He played for the University of North Carolina Tar Heels where he made both team and starting lineup. At age 20 Michael was 160 lbs., six foot six inches and could run the 40-yard dash in 4.3 seconds. His confidence and carelessness improved his game and made him into a great decision maker to lead in all areas of the game. He loss to St. John’s University, University of Missouri, and Tulane University in 1982-1983. The Sporting News named Michael Jordan College Player of the Year. Michael Jordan was drafted to the NBA by the Chicago Bulls in 1984 in the first round (third overall) to start his amazing career as a pro basketball player.

Anniversairy suprise †Short Story Essay

John and Wendy had always been the perfect couple. They had practically invented â€Å"happily ever after†. After eight years together they were the couple with everything; the perfect relationship, a lifestyle their friends envied and a future others could only dream of.  On their anniversary Wendy always made their evening unforgettable. This would be no exception. She was up early to cook him a delightful breakfast, she gave him a kiss on the lips and straightened his collar before he walked out the door. She began to clean the house from top to bottom and with her shopping list carefully prepared she backed the car out of the garage and set off for the shops. After stocking up at the super market and the butcher, Wendy picked up a special anniversary surprise, before she booked her appointment at the hairdressers. She wanted to look her best for him so he would always appreciate that he was married to the woman of his dreams.  It was a wet and windy day, umbrellas were being blown inside out and people were huddling for shelter. Wendy’s hair was windblown and her face was wet from the rain sweeping across the railway platform. As the doors of the train opened there was a rush of cold, damp and flustered passengers filling the carriage. Seats were full and standing passengers were pressed up against complete strangers. This was how John and Wendy met. John apologised for splashing her and when she turned to reply she knew then that there was a connection. In the months and years that followed their relationship strengthened but their lives took separate paths. Johns law career took off and his reputation and popularity soared. Wendy, however, found herself in his shadow. Her struggle to publish a novel was fraught with disappointment and missed opportunities. There talks were all of his clients, his cases and his victories. Her world was a solitary one, with little to celebrate. The demands of his job increased, his hours at work consumed more of his time and she began to wonder what absorbed so much of his attention. His accounts of lunches with clients, weekend conferences and late night briefings contributed to her insecurity.She needed to find a solution to her dilemma.  It was the evening of their anniversary. She poured him a glass of wine, a shiraz, his favourite year, the year they met. This would be an unforgettable vintage.†Darling lets drink to our future together†. He raised his glass and swirled the claret. â€Å"To us† he exclaimed and emptied his glass. The glass shattered as it hit the wooden floor. John grimaced and swayed – finally, falling to his knees, while clutching his chest. In an instant he was dead. She cleared away the dishes from the table and wiped clean the kitchen top. There was a knock at the door. Stepping carefully over the lifeless body of her now former husband, she walked towards the door. She turned the latch, a cold gust entering the hallway as she opened the door. She switched on the light revealing the silhouette of a man. He whispered † Is everything taken care of? I have the tickets.† She nodded giving away not † Now we can begin our new life together. Get your bags†

The Current Financial Crisis Essay - 869 Words

Frederic Mishkin makes the point in the text, The Economics of Money Banking, and Financial Markets (2010) that â€Å"Banks and other financial institutions are what make financial markets work. Without them, financial markets would not be able to move funds from people who save to people who have productive investment opportunities.† (p.7). The movement of funds between savers and those with productive investment opportunities is the means of creating growth. When people lose confidence in the economy this activity freezes or weakens, consequently, asset prices decline, unemployment rises and companies default as was the case of Lehman Brothers in 2008. The freezing of the flow of money is a financial crisis. Today, the global flow of†¦show more content†¦Europe and China are major economies that impact the world. Europes challenges with the Euro are complicated. The United States congress had trouble agreeing to enact legislature to raise its debt ceiling in order to meet its obligations and maintain its credit ratings. In Europe, separate countries need to agree to come together with a combined political will to stabilize countries and banks in financial trouble. Without the power to print money individually, each country under the single currency must come together under combined policies. Today, Europe seems willing to reach combined policy decisions to avoid an economic disaster. Ultimately, if this happens, the Euro will have a stronger future just as the United States gained a stronger political and financial system from policies created as a result of the Great Depression. If Europe fails to come to agreement on combined policies to solve the European Debt Crisis the world will realize the financial risks. Direct exposure is already being seen in the financial institutions. MF Glob al recently filed for bankruptcy. Exposure to European bonds brought down a $41B firm just 3 weeks after a European bank failure. Repo-to-maturity contacts. Falling bond values created the need for more collateral in this type of financial instrument. Firms with similar investments could see greater risk if interest rates rise and bond values fall. Company earnings have been the bright lightShow MoreRelatedAnalysis Of The Current Financial Crisis3196 Words   |  13 Pages Analysis Of The Current Financial Crisis YourFirstName YourLastName University title Student’s name Professor Subject Date Financial crisis is a situation where the financial value of assets or an economy drops by a significant margin that can cripple the normal functioning of an economy of the affected country. Different economists came forward to explain theories that lead to the different financial crisis especially in the history. 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However, many people find out that China is walking on the old U.S. economic way, which means China will have economic crisis either. So right now, all the eyes from all the countries are watching at China’s economy, because if Chinese economic collapse, there are no more people buy Japanese animations and European luxuries. And after the economic crisis, China will recoveryRead MoreFactors That Affects The Global Economy And Its Impact On The Nigeria An d Egypt Economy1568 Words   |  7 Pageseconomy. In 2007, the financial crisis, which later extended to the global financial crisis began in the United States of America. The origin and elements of the 2007/2012 global financial crisis have been widely discussed in the literature throughout the period. The aim of this work is to, however, try to point out the reasons and also the macroeconomic effects of the financial crisis in both countries economy and the resulting policy responses. Nevertheless, the impact of this crisis on the real economyRead MoreRemarks from the Thailand Crisis700 Words   |  3 PagesRemarks from the Thailand Crisis From the analysis of the causing factors of the Thailand currency crisis in 1997, several remarks are made in order to provide recommendations. It is hoped that these recommendations would help avoid future financial crisis similar to the 1997. Sequence of Financial Liberalization Thailand’s economies before the financial crisis have put a lot of weights on exports and the baht’s stability was the key to the export ratios. Generally speaking, changes in foreignRead MoreFair-Value Accounting and the Financial Crisis Essay1081 Words   |  5 PagesMarket crashes are nearly as old as the invention of money itself. But, as Gillian Tett underlines in Fool’s Gold, â€Å"the latest financial crisis stands out due to its sheer size†. Economists estimate total losses could sum up to $2000 to $4000 billion, a number surprisingly not dissimilar to the British Gross Domestic Product. In its post-mortem, the self-inflicted disaster has commonly brought to light the question: â€Å"Did bankers, regulators and rating agencies fail to see the flaws, or did they failRead MoreFederal Reserve Bank Of New York Essay1620 Words   |  7 Pagesservices and income, financial claims on and liabilities to the rest of the word. If a country has received mo ney, this is known as a â€Å"credit†, and if a country has paid or given money, the transaction is counted as a â€Å"debit†. Theoretically, the BOP should be zero, meaning that assets (credits) and liabilities (debits) should balance; however, in the reality, this is rarely the case. The BOP is divided into 3 main categories: the current account, the capital account, and the financial account (Reem Heakle