Free Essay


In: Business and Management

Submitted By busterboy151
Words 2206
Pages 9
Reflecting on Your “Personal-Best Leadership” Project

For each of the five practices in the book (Chapters 4 through 8):

* Describe your current efforts to implement the five practices of the Leadership Challenge * Specify what you and/or your organization should be doing to fully implement the five practices * Report the results by describing what went right and why, or what went wrong and why. What would you do differently?
Model The Way (Chapter 4)
Inspire A Shared Vision (Chapter 5)
Challenge The Process (Chapter 6)
Enable Others To Act (Chapter 7)
Encourage The Heart (Chapter 8)

With the establishment of the Centre of Excellence concept within the Mantrac Business Group the organization entered into the establishment of a matrix management structure adding this onto the existing divisional and functional structures that existed. It is with reference to this development and my own role within the Power Systems COE whilst carrying the title manager with the expectations and responsibilities attached to such a position having no direct reports and so my Personal-Best Leadership Project should be viewed in this light and its implementation mindful of this position.

Model The Way

My first step on becoming an exemplary leader is inward. I looked to examine my past experiences helping me identify the values I use to make decisions amongst the choices that present themselves. I established them as trust, openness and honesty.

In order to provide some clarity around these values I needed to clearly define the leadership philosophy I wish to follow. I created the following list of leadership qualities that guide my behaviors and decision-making.

* I will always tell the truth and expect others to do the same. * I will always trust people unless they give me a reason not to trust them. * I expect us to work as a team fully supporting each other and the team as a whole * I love to learn and am constantly trying to improve * If I don’t think to ask for your input give it to me anyway

It is part of my task to responsibility to memorize these, as this will enable me to clearly articulate if challenged on my leadership philosophy.

Having established and reconfirmed commitment I have rehearsed these values and description of my leadership philosophy with myself to ensure it feels clear concise and it feels natural to explain.
Given the natural of the matrix role the opportunity to for me to formally share these values is limited however on all available occasions with those I interface with I look to give time were I could share them and allow others to talk about their values and philosophy.

During these discussions I look to build consensus around these values, principles and standards. It’s extremely important to look for the understanding and sharing of views as well as the development of the firm belief I hold in these attributes.

Having set the bar amongst the group I interface with its critical now to make sure all my activities emails, meetings etc. reflect the things I say are important. This has involved me in ensuring I have time to do so by reviewing my schedule to decline some meetings and activities that I see no reason to attend or participate in.

I have developed a range of phrases that I believe evoke the feelings that I look to create in the working environment around me. It is only through the constant repletion of these phrases will others feel the deep-seated nature of the values and behaviors.

During all interactions I look to act purposeful questions that bring back focus on the values and priorities that are most important to the situation at hand. Alongside these questions I actively seek feedback from others on how my actions are impacting upon them. Given any negative feedback I take time out to understand and clean up with the individual involved so as to avoid future mis-alignment of purpose.

I look for specific occurrences particularly if they are unplanned that illustrate a shared value to bring immediate attention to this amongst individuals and teams.

Broadcasting with story telling of classic examples, which illustrate the behaviors, sought in order to set the example for all to follow.

Inspire A Shared Vision

The future holds little certainty with no easy path or guarantees to any desired destination. In order to get to the future I envision the requirement for an internal compass and perhaps a dream of how the world should look.

As a part of my implementation plan I created a list of things I wished to accomplish always asking myself inwardly why these were important to myself.

* Develop the power systems team to be able to sell solutions to our customers * Be seen not simply as a generator distributor more a consultant to work with in co-developing with customers the optimum solution * Working with self directing teams consisting of fully engaged fulfilled team members * Being viewed by a wider group as having the intellect and ability to identify potential opportunities before others were perhaps aware of them * Creating a spirit of openness and trust amongst removing the artificial competitive boundaries focusing on the customer experience

To test the validity of this vision I am forcing myself to be curious about all the activities that are going on around me and perhaps not within my direct sphere. Looking for those things that aren’t apparently working and considering how my vision for the future would potentially address.

In an extremely task focused world I have set myself the challenge to always look for the what’s next elements long before they are immediately due and on others horizons.

In all discussions I am actively listening to others on what they see as important to them in their future. I also seek their involvement in crafting the arc of the possible in our collective views and elicit their views on potential barriers to implementation.

In discussions around the vision I have for the future I look to try and get all people on the same page and aligned in the same direction. In discussing the future my efforts are spent on elevating people out of the day-to-day task and into the “real” purpose of the teams work. Looking to see how what we do makes the communities we work in a better place for all.

In discussions with others no matter how convinced about my vision take the time out to get them to express their hopes, dreams and aspirations for the future without dominating with my version.

From the feedback I have received I consciously look to incorporate their views into and inputs into how I inwardly describe the vision I hold. In order for us all to be fully embracing of the challenges ahead in implementation I look to openly discuss and share what makes ours products and services special to our customers. These discussions are deliberately upbeat in nature its easy to visit “pity city” just make sure you don’t live there.

Story telling for me plays a large part of this communication process. Describing the stories trying to create pictures in people’s minds of what the team aspires to assists in not having to use language that perhaps may confuse.

In being evangelical about my vision for the future I have to temper my enthusiasm and acknowledge the emotions of others and validate them as important so not to dis-enfranchise folk on the journey.

Challenge The Process

Facing challenge presents the opportunity for greatness. Teams produce their best work and results when there is the opportunity to change the ways things are done. I try to do something each week that I believe the team performs better due to some change collectively made.

I try to create a restlessness challenging routine for routine sake. I have deliberately placed myself in new situations beyond the strict boundaries of my role description for the learning and stretch this gives me.

Interaction with customers and our partner CAT seeking their thoughts and ideas on the things we could do better. I have planned and attended conferences were competitors are talking of the approach to market seeking insight into how we could bring some of the best elements into our business.

Whilst we are challenging the status quo and improving our processes I coach people to focus on what they can control within their work environment so as not to be sidetracked by that which they cant control.

By visible supporting those team members who are embracing constantly challenging themselves I highlight when ever possible to others how much personal fulfillment achieving from this approach.

Through the Strategic Planning Process I attempt to influence incremental goals and milestones that in more in process than the business as usual task. This activity focuses more are the underlying steps that look to position ourselves in future customer opportunities more than the deal by deal approach of the dealership.

When things go well or otherwise I discuss successes and failures concentrating on what made it work or not and what we would do better or “even better if”.

Enable Others to Act

With the matrix and high influencing role I perform its fairly obvious in my Personal Leadership Project I am even less likely than being in a more “traditional” role to do it all alone. Creating strong alliances and partnerships is key to making any form of extraordinary thing happen.

I look to create collaboration with others by stressing back to my values of trust seeking kindred spirits who really mean this as much as I do.

I openly share my hopes, fears, strengths and mistakes all the things that make me who I am. I actively look to spend time with others outside of my direct department to help me understand what makes them tick thus improving interactions and making them more mutually beneficial.

On each project I become involved with I actively listen seeking out from participants new ideas that can be shared irrespective of whether they work in the specific project at hand or not.
When ever possible I look to open the discussion to see how we can build linkages and understanding to the common goal we all are striving to repeat. This may even link to the overall corporate goal of becoming the Benchmark Caterpillar Dealer.

One of the best tools deployed for the creation of collaboration is doing somebody a favor or even more importantly the reciprocation of a favor building trust and collaboration.

With the extremely disparate nature of the teams spread of large geographies I have always sought to bring teams together face to face and if this is not so virtually. Things such as sharing each monthly report help push the bar up and shares good practice amongst the team.

During the implementation of my project I have encountered the need to strengthen others by taking actions that make them feel powerful and in control of their circumstances.

Rather than permit the teams to think the COE have all the answers and direct their actions I ensure people make choices about how they want to serve their customers and attempt to make this an expectation before we can discuss any possible alternatives.

Were ever possible I look to remove or at best limit the degree of routine assignment as quickly as possible. If we aren’t able to eliminate a task then put in place the simplest fastest route to make the task complete freeing up more time to seek more customer value.

The most significant activity which is continual and by reviewing my email, documents, recollections of conversations and from DirecTV feedback I look to ensure I am asking questions many more times than I am giving answers enabling others to act.

Encourage the Heart

Getting momentum amongst others on the route to the common purpose and goal is hard work. I have taken extra care to ensure people know what the expectations are communicating these in a positive manner clearly and regulariliy. I always look to create some form of rewrad for people who have contributed to the success of a project. An area in which I seek some improvement is in the rewards through actions more than just words. This involves me seeking out further the types of encouragement that makes the difference to others. Whenever I am travelling I take the time out to spend time with as many people as possible I have interface with thanking those from picking me up from the airport through to those who have set up highly positive customer meetings. I believe I need to do further work on this making things more spontaneous and fun in their nature.

Given the geographical limitations creating occasions to bring people together is a challenge and requires more effort on my behalf. When travelling I try to spend time with people out of the working environment inviting teams to get together for some time for discussion and have fun. In these social environments I try and relate try stories about how people have gone over and above the call of duty and specifically if I have some positive Customer feedback to share.…...

Similar Documents

Premium Essay


...News Summaries #2 Hope Grows for Asian Stocks By DANIEL INMAN In the past few years, analysts have been putting the Asian stocks down, stating that the values of the stocks will most likely go down. However, recently, particularly late 2012 and early 2013, stocks have been on the rise. China’s fourth quarter gross domestic product yielded a growth rate of 7.9%, the first year-over-year rise by Chinese in two years. Analysts are predicting even greater increases in share values for the coming quarters. A decline in raw-material costs, from businesses rebuilding inventories and from lower interest rates, is reaping benefits for the Chinese companies. ICICI Bank Profit Beats Forecast By NUPUR ACHARYA India’s largest nonstate lender exceeded expectations with a 30% jump in its third-quarter net profit due to a high demand for loans. The net profit rose to 22.50 billion rupees, up from 17.28 billion rupees last year and surpassing the forecast of 20.89 billion rupees. The cause of this spike in net profit is due to a strong demand for loans from borrowers during India’s main festival season. The bank is boosting retail-loan business by pushing secured products while remaining cautious on unsecured loans. The ICICI bank expects to end the fiscal year with a massive 20% loan growth, and analysts expects even more growth to be coming up. Who Says China is Building Too Much Tom Orlik and Esther Fung According to one of China’s leading developers, there is......

Words: 343 - Pages: 2

Premium Essay

In the News

...In The News - Amazon Signs $600M Cloud Infrastructure Deal With CIA At first glance, when I saw this article, I was more curious than anything, and had no thought of how this piece of news could be blended into the BUSN-412 discussion thread. However, after reading through the article, it became apparent to me that Amazon’s deal with the CIA was still a business transaction, albeit with the Federal Government. My thoughts began to race as I pondered how this would be different from any other business decision reached by such an enormous company like Amazon. After all, they are a multi-billion-dollar company, who are in business to make money. In an article published by CRN, a very reliable technology news organization, unconfirmed reports state that Amazon has reached a 10-year, $600 million cloud computing deal with Amazon. Amazon, if confirmed, and already a major player in the building of Cloud Infrastructure, will have scored a very large victory in the tech world. With such a sizeable deal in the works, one could speculate about some of what went on behind closed doors. As it may relate to our week two discussion thread on SWOT, I would speculate that the CIA did its own SWOT analysis of Amazon. I am sure that the CIA would not have even considered Amazon for this venture, before scrutinizing Amazon from top to bottom. For the business managers that were involved in this process, it should have been the standard way to conduct business, save for the fact it was......

Words: 548 - Pages: 3

Premium Essay

In the News

...innovation. Making the computer easier to see, hear and use bybuilding accessibility into Microsoft product. Facilitating the next generation of accessible technology andmoving the industry forward with ground breakingtechnologies. Building strong, collaborative relationships with a widerange of technology partners and organizations to raiseawareness of the importance of accessibility in meeting thetechnology needs of people with dishabilles. Design by Shaon : : • 5. Actions to strengthen market standing and competitiveness byacquiring or merging with other companies.Microsoft’s Strategy: Continuing long standing commitment and leadership inaccessibility research, awareness and innovation. While jointly developing a new OS with IBM in 1984, OS/2, Microsoft released Microsoft Windows, a graphical extension for MS-DOS, on November 20. Microsoft announced the release of its version of OS/2 to original equipment manufacturers (OEMs) on April 2, 1987. Microsoft introduced its office suite, Microsoft Office, in 1990. The software bundled separate office productivity applications, such as Microsoft Word and Microsoft Excel. Design by Shaon : : • 6. Actions to gain sales and market share via lower price s, more performance features, more appealing design, better quality or customer service, wider production, or other such actions. Microsoft’s Strategy: Making the computer easier to see, hear and use by building accessibility into Microsoft......

Words: 814 - Pages: 4

Premium Essay


...News-1 Wednesday, April 03, 2013 First NRB bank starts journey Star Business Report        From left, Nazrul Islam Mazumder, president of Bangladesh Association of Banks; Atiur Rahman, governor of Bangladesh Bank; AMA Muhith, finance minister; Farasat Ali, chairman of NRB Commercial Bank; Nurul Amin, chairman of Association of Bankers Bangladesh; and Shahid Reza, a director of FBCCI, attend the launch of the country’s first NRB bank at Sonargaon Hotel in Dhaka yesterday. Photo:Star A new bank started its journey yesterday with an aim to attract more investment and remittances from non-resident Bangladeshis. Finance Minister AMA Muhith inaugurated the bank — NRB Commercial Bank Ltd — at a ceremony at Sonargaon Hotel in Dhaka. With its foray into the country’s banking system, the bank becomes the first one of its kind in the private sector and has been set up by 53 NRBs from eight countries. Muhith said he hopes the bank would not run after profits only, rather it would work for the development of the country and the economy. “So, sometimes it will have to invest in projects that might not bring higher returns.” Bangladesh Bank Governor Atiur Rahman said the bank got its licence through due diligence and on the basis of its strong financial foundation. He said the bank has only got licence to open its headquarters. The central bank will continue to weigh its capacity before giving it the final licence, Rahman added. The governor also said more new banks have become necessary......

Words: 4245 - Pages: 17

Premium Essay


...Global Economy News: U.S. Tells Berlin To Spend More Url: BERLIN—The U.S. Treasury renewed its criticism of the German economy's dependence on exports, just as new data showed that the country's trade surplus swelled in November. Treasury Secretary Jacob Lew, visiting Berlin, urged the German government to do more to boost lackluster domestic demand, which the U.S. and others argue is partly to blame for the anemic economic growth in the euro zone as a whole. Do Tax Cheats Solve the U.K.’s Productivity Puzzle? URL: abstract: Economists in Britain have long been scratching their heads over the nation’s troubling “productivity puzzle.” Now Markit, the financial information provider that publishes the purchasing managers’ indexes used to gauge activity in the global economy, has tentatively suggested that former tax cheats might be muddying the waters. Britain has a bigger workforce than it did before it tipped into recession in 2008 yet is producing far fewer goods and services. This mismatch between output and jobs has led to a collapse in productivity, a measure of how effectively an economy uses its resources that’s an important driver of future growth prospects. Bank of Mexico’s Carstens: Inflation to Move Above 4% URL:http://blogs.wsj...

Words: 4940 - Pages: 20

Premium Essay

In the News...

...Business Policy 3/15/14 The article that I chose to talk about is about Apple and Samsung; they have both been competing to be number one in the market for phones, TVs, and now watches and new advances in technology. Apple has a huge a range of customers who are very loyal to them and that are what had made them so successful in expanding their business. Samsung is also very successful because of the advances that they have been making with Android and the new Tizen strategy. Tizen is a new form of technology that allows manufactures to turn phones in watches and other everyday items. Tizen and Android are very similar and most people cannot tell them apart if the systems are switched. Apple has a huge disadvantage with Samsung because they do not move as fast as Samsung. Samsung’s disadvantage is that China can easily make knockoffs of the brand and sell them for as low as $35 compared to $700. * Samsung’s marketing strategy is to cover everything that they can internationally, spending 4 billion dollars. * Apple’s business strategy is to keep its loyal customers happy with the products that they currently own. * Samsung’s business strategy is to keep the customers that they have while trying to gain new customers. * Samsung and Apple’s main challenges are environmental because people care about what their phones can do. Which means applications like Facebook, Instagram, and Candy crush? * Another area that they are competing in is the tablet market,......

Words: 603 - Pages: 3

Free Essay


...News and Current Affairs Programme 1 ITN National and World News This programme is a national type and is broadcast right across the British Isles on a daily basis. It is not a specialist programme in the sense that it does not focus on one particular genre of sport, instead it covers every area and delivers it in a formal manner. The particular programme that I have taken notes on appeared on our screens and was broadcast on 10/10/10 at 6:00pm. It was presented by Alastair Stewart and Mary Nightingale and the headlines of each individual story were read out in the studio. This was then followed by images and graphics appearing on screen as the voice-overs of the news presenters could clearly be heard explaining the story. The first story that was covered was about how the Vitamin B could potentially benefit people that suffer from Alzheimer’s disease. The first part of this story used graphics on the screen as well as the use of voice-overs to narrate what the diagrams and statistics on screen meant. The story then progressed into interviews with experts on the matter, all of a medical background and with extensive knowledge in Alzheimer’s disease and also the Vitamin B. These interviews were taken in medical rooms with clear equipment and charts visible on camera the whole time to reiterate the issue. Finally the story was concluded with footage of old age pensioners who suffer from Alzheimer’s disease and a summary voice over being made on......

Words: 1447 - Pages: 6

Premium Essay

In the News

...The company “Nutiva” did a re-branding campaign the beginning of 2014 for its product line with new labels. Nutiva is the world’s leading brand of all-organic hemp foods, coconut oil, red palm oil and chia seeds. Their logo is: “Nourishing People and Planets. Revolutionizing the way the world eats”. They are a values-driven brand, dedicated to providing nourishing food and supplements. The beginning of this year, they launched a clean simple new look to the labels of their products which hadn’t had a packaging change in 15 years. Their inspiration for the change was to look as fresh, healthy and vital on the outside of the package as what they have inside. The labels are simple, clean, modern looking white background with watercolor inspired designs of the plant product that is inside. The website article found at was my choice for this assignment. This re-branding idea is very important in successful advertising to help rejuvenate a product. Nutiva’s original labels were very every day common blending in with its competition. The fresh look will attract new consumers that may be buying other similar products. Media campaigns with the new look that were launched by Nutiva are part of the marketing mix to help this product sell. The internet marketing and advertising Nutiva has done with the “new” look are the campaign mix that the DeVry course in “Advertising and Public Relations” is teaching. Nutiva wants to keep its brand image consistent and also have it......

Words: 415 - Pages: 2

Free Essay

In the News

...In the News Apple has revealed a new promotional material that lets its users have the ability to switch between major mobile carriers for their data plans. Apple will now ship out in their new iPad Air 2 and iPad Mini 3 a built-in sim card that allows users to purchase wireless service on the spot. Previous ipads have always had the ability to let you hop between carriers just by swapping out the sim card; however, Apple has simplified this process further with one sim card that lets you hop onto whichever carriers is listed on their iOS. These carriers include AT&T, Sprint, and T-Mobile in the U.S., and EE in the U.K. Apple does plan to expand the list of global carriers in the future. Why does this matter? Well I think this really takes the carriers out of the retail loop and makes it easier for Apple users to be able to switch seamlessly between the three major U.S. carriers for on the go data plans. It makes the carriers a lot closer to the interchangeable pipes that they’re afraid of seeing because it effectively lessens the powers of the mobile carriers since they rely on their control of the retail sales and service channels to prevent customers from switchovers and to be able to upsell additional products. Interestingly enough, Verizon has opted out of this new Apple sim so far, which shows the disproportionate strength of Verizon in our market as compared to the other three carriers. Verizon thinks that they have enough market power to tell Apple what to......

Words: 386 - Pages: 2

Free Essay


...News The News is a wonderful and scary thing at the same time. I personally steer clear of the news as it tends to blow matters way out of proportions and with being in the military I rather be briefed on things of national security by my superiors vice the local news that only gets pebbles from the locals. I think that the news can be good at times, but in my experiences it tends to stress society out way more than it needs to be. An example of this is I have been to Bahrain numerous times, and all my mother would see on the television is riots and unruly behavior there. I on the other hand did not watch the news, got the security brief from my superiors and carried on my mission. While I was there it was nothing as what my mother and the news had depicted. Every time I have been there it has been peaceful and the locals have always been so very nice. Audience The intended audience was originally for locals, as it was broadcasted on the local news channels. The written news article I chose was from New York Times. Since the incident occurred in Phoenix, AZ, I purposefully chose the New York Times as it is located across the country. This choice makes for a better comparison of data from across state lines. Credible MSNBC and the New York Times are both credible sources that individuals rely on everyday to hear anything from the weather to local in international news. Both of these reports were similar in nature. The New York Times tends to go more in depth, so their...

Words: 1037 - Pages: 5

Free Essay


...with colours of rainbow applied on the paper cranes. Our team would want customers to feel the excitement and to create curiosity upon entering 1st Avenue after looking at our poster. With the simplicity of the poster which consists of only a spectra of colours and paper cranes, customers will look forward to see the design of the store. As seen on the poster, the theme of our project, “Hues” which also means colours, has been emphasised on the fonts “Colours of our Life”. The poster includes the operating days and hours of 1st Avenue. Our team would be using this poster to publicise the reopening of our store with a new concept around Temasek Polytechnic. By publicising, our team hopes to see an increase number of customers coming into the store and thus, leading to an increase of sales. With a new concept shown on a poster, customers will be able to anticipate the new change from semester 2.1 in 1st Avenue. 3. Illustration of final selected concept |  |Props |Material |Price |Qty |Total |Remarks | |Window Display |Backdrop |Canvas |$79.50 |3 |$238.50 |From Optimum Copier Trading and Services | | |Rope |Polypropylene |$7.00 ......

Words: 1489 - Pages: 6

Free Essay

In the News

...In The News Chipotle Mexican Grill was first founded on July 13th 1993 in Denver, Colorado by Steve Ells. With his experiences in culinary school, his vision was to establish a restaurant that was simple and creative. Chipotle Mexican Grill became one of the fastest growing industries in the world. There are now a total of 1700 locations worldwide located in the United States, France, United Kingdom, Germany and Canada. Recently, there has been an E. coli outbreak with Chipotle restaurants which led to the closing of 43 stores. All cases of E. coli have been confirmed in the Washington and Oregon area. Many victims have filed lawsuits against Chipotle because they have become ill due to the bacteria. Anyone that have eaten at Chipotle between Oct. 14-23 have experienced vomiting, stomach cramps and bloody diarrhea. Health officials are urging anyone experiencing those symptoms to report to the hospital immediately because E. coli has a possibly of leading to death. The public is questioning Chipotle about how the E. coli outbreak even began. Many assumed that the products used in the chain restaurant have been unsanitary. The most common way to spread E. coli is through feces. Chipotle released a statement that they believe the source of the E. coli is from their vegetables and that they are doing their best to investigate the situation. This isn’t the first time that Chipotle faced food safety issues within their chain. In August, a Chipotle restaurant in California was......

Words: 406 - Pages: 2

Free Essay


...A news article discusses current or recent news of either general interest (i.e. daily newspapers) or of a specific topic (i.e. political or trade news magazines, club newsletters, or technology news websites). A news article can include accounts of eyewitnesses to the happening event. It can contain photographs, accounts, statistics, graphs, recollections, interviews, polls, debates on the topic, etc. Headlines can be used to focus the reader’s attention on a particular (or main) part of the article. The writer can also give facts and detailed information following answers to general questions like who, what, when, where, why and how. Quoted references can also be helpful. References to people can also be made through the written accounts of interviews and debates confirming the factuality of the writer’s information and the reliability of his source. The writer can use redirection to ensure that the reader keeps reading the article and to draw her attention to other articles. For example, phrases like "Continued on page 3” redirect the reader to a page where the article is continued. While a good conclusion is an important ingredient for newspaper articles, the immediacy of a deadline environment means that copy editing often takes the form of deleting everything past an arbitrary point in the story corresponding to the dictates of available space on a page. Therefore, newspaper reporters are trained to write in inverted pyramid style, with all the most important......

Words: 270 - Pages: 2

Premium Essay


...Burger Stand Business Plan Burger Stand The purpose of this business plan is to raise $60,000 for the development of a food stand that will sell burgers, hot dogs, and beverages to customers in its targeted market. 1.0 EXECUTIVE SUMMARY The purpose of this business plan is to raise $60,000 for the development of a burger stand while showcasing the expected financials and operations over the next three years. Bob’s Burger Shack (‘‘the Company’’) is a New York-based corporation that will provide burgers, hot dogs, and beverages to customers in its targeted market. The Company was founded by Robert Bergeon. 1.1 The Services Our vision for Bob’s Burger Shack is to operate a small location that will provide a wide selection of burgers, hotdogs, beverages, and ice cream. Bob’s Burger Shack, vis-a-vis food and beverage sales, will generate substantial gross margins that will allow the business to generate profitable revenue throughout the course of the calendar year. The third section of the business plan will further describe the services offered by Bob’s Burger Shack. 1.2 Financing Mr. Bergeon is seeking to raise $50,000 from a bank loan. The interest rate and loan agreement are to be Page 1 Burger Stand Business Plan further discussed during negotiation. This business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate. The financing will be used for the following: • Development of the Company’s location. • Financing for the......

Words: 1796 - Pages: 8

Premium Essay


...PSEi gains for 3rd straight session Doris C. Dumlao @inquirerdotnet Philippine Daily Inquirer 6:43 PM | Tuesday, December 2nd, 2014 48   More News from Doris C. Dumlao MANILA, Philippines—The local stock barometer firmed up for the third session in a row on Tuesday despite a generally sluggish regional market. The Philippine Stock Exchange index added 12.5 points or 0.17 percent to close at 7,344.23. All counters were up as investors picked up selected large-cap stocks. Despite the PSEi’s slight rise, there were more decliners (91) than advancers (83) in the broader market. Value turnover amounted to P8.9 billion. Meanwhile, the listing of tech stock Xurpas brought excitement to the market. Its share price rose by nearly 50 percent from the initial public offering price. The PSEi was led higher by Megaworld (+2.38 percent) while RLC, AP and GT Capital all rose by over 1 percent. URC, AC, BDO, SM Prime, Jollibee, EDC and AGI also contributed to the index gains. Outside of PSEi stocks, Melco Crown (+3.56 percent) was one notable gainer ahead of the opening of City of Dreams Manila while SSI and Vista Land gained over 2 percent. On the other hand, share prices of Metrobank, Bloomberry and LTG declined. Local stock brokerage DA Market Securities said that with the market now trading right under the 7,413 major resistance and all-time high, a potential piercing of this level would indicate a more bullish bias. “However, discounted market placements and thinning......

Words: 371 - Pages: 2

Dr Phil S17E69 Episode 69 | Watch now! | It's Ok This is Love