Hip Hop Culture
Essay by 24 • November 8, 2010 • 673 Words (3 Pages) • 1,458 Views
people feedback (open sources vs. protect and control)
Thomas Friedman - The World is flat - technology has flatten the world
The World is Spiky - World Population, Light Emissions are indications of Economic Activity, Patents and Scientific Citations
* Sign of unfairness, access and resources
INSEAD Innovation Index
* Human Capacity: Singapore Highest
* Knowledge: US, Japan and Germany
IMD Competitiveness Report
* US and Singapore
"I never forget the man from India who invented the Pentium chip.
The notion of where "community" generates the level of creativity and innovation just by being in the same proximity i.e. conversation in the bars in Silicon Valley.
Class5
Jul. 30, 07
Lincoln Electric
Issues
Should they build factory in Indonesia?
How to should they do it? JV or wholly own
What should they do when they are in?
Element in Lincoln Incentives
Piecework
Bonus
Guaranteed employment
Limited benefits
Lincoln expansion history
US, Canada, Australia and France
Japan, EU and Latin America
Close Japan, Germany, Brazil and Venezuela
New CEO for new expansion in Latin America and Asia
Why do we need this?
To understand the background of the company and how this company developed
What is the right solution that match with company culture and history
Why Lincoln Electric has been so consistently successful?
Incentive management and its impact on loyalty and productivity
The fit with the culture and context of incentive system
Why has system worked well in some locations but not others?
American mindset, culture and values
Change in financial strategy? Expansion with debts or equities
How do they pick where to go? No clear strategy on where to expand just rapid expansion without any criteria. They didn't go through a careful assessment before expansion but want to expand over the place.
The difference between incentives and motivations
Intrinsic (drive from internal i.e. values and beliefs) Extrinsic (drive from external i.e. reward and punishment). Intrinsic incentive is something that gets to how you feel about yourself it involves emotional, pat on the back, and recognition. Extrinsic are money, company car, vacation and new office
Even within one culture but different individual
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