Centex Corporation Firm Analysis Essay Example | Topics and Well Written Essays - 500 words

Centex Corporation Firm Analysis - Essay Example Decrease in the customer's affordability for initiating buying inventory. Customers were in a mood to lay off the inventory to overcome the mortgage demands. The high inventory costs to bear with have depleted the market from selling. Thus, there were very few takers for the inventory and lots of unsold inventory was left with no takers. The decrease in buying and selling was due to low confidence levels of the customers who were affected by the adverse market conditions. Due to the financial markets turmoil, customers are ambiguous to venture out to buy new properties. Many prospective customers who are willing to buy new homes were made to shelve their ideas as they were unable to dispose their existing properties. Due to severe mortgage lending crunch and financial institutions tightening the screws to lend loans has created difficult times for customers to take loans. The above depicted issues with respect to customers have affected Centex's housing. Revenues of centex decreased primarily due to decreases in units closed, and the revenues are largely offset by increases in discounts and lower prices experienced. The total closing numbers on sales decreased by 18 percent and total revenue decreased by 32 percent compare to 2007 and 2006 (builder 100). High competitions in the market as customers were trying to sell off their old inventory due to mortgage debt pressures.

Are You A Good or A Great Boss Case Study Example | Topics and Well Written Essays - 750 words

Are You A Good or A Great Boss - Case Study Example In order to manage others, bosses should strive to manage themselves because their personality, thoughts and feelings drive your actions, especially how they relate with others that will influence them.   Becoming an effective manager requires not only acquiring good qualities and knowledge but also should undergo difficult personal changes. According to Hill and Lineback (16), the qualities that bosses posses influence others productivity and build trust depending on how well the boss has managed him or herself. Who you are portraying vividly in the way you build relationships with your teamwork; thus, an effective boss should possess the self-awareness and management required to influence their team and do things in the right way. I agree with the fact that a boss should have self-management because those who become bosses should learn to view themselves and their work differently. Meanwhile, they should develop qualities, deeper self-awareness and ability to exercise wise judgme nt in the way they delegate duties. Hill and Lineback (17) indicate that managing network is the significant issue that managers should focus on. In order to manage the people who are responsible to you, managers should manage the context in which these people dwell. The bosses should comprehend the political environment and develop ways in which to build a network with others by setting the right expectations for your people and utilize the right resources. To become an effective boss, one should strive to operate effectively in a political environment because the political environment meets the teamwork request and promote the competitiveness. The political environment provides the division of labour among the people in which it creates different teams with disparate and even conflicting priorities and goals. Meanwhile, it offers interdependence to the teamwork in that none of these teams can meet their responsibilities without informing their other team. To manage the network, bosses should be capable to create a co mpetitive environment where the teamwork should utilize the scarce resources to meet and improve the performance of the organization.  Ã‚