Answer the question Essay Example | Topics and Well Written Essays - 250 words - 2

Answer the question - Essay Example Synergy creation is one of the advantages associated with organizational collaborations. Collaborations create a pool of resources and expertise, resulting in greater organizational accomplishments. Some of the accomplishments realized within collaboration grounds would not be realized in a single unit operation basis. Access to sources of finance is also diversified. Every organization brings on board its financial strategies, allowing firms to choose the most favorable, efficient and effective source of funding for their operations (Daft & Daft 299). Improved capacity to overcome operational obstacles cannot go unnoticed. One organization is highly likely to be in a position to address obstacles that befall the partner(s). Raising awareness on the operations and business lines of the organizations is enhanced through collaborative efforts. The collaborating organizations have established themselves to the community they serve, meaning that the collaborative role further exacerbates this pursuit in the community. The community is served with vast information that relates to the underlying collaboration undertakings. Over and above this fact, product, service and resource use can hardly be duplicated in collaborative roles context. Optimality at every aspect of organizational functionality is

Executive Compensation Essay Example | Topics and Well Written Essays - 1750 words

Executive Compensation - Essay Example There is an ongoing public indignation over the idea that there are executives who are rewarded handsomely in firms that are experiencing financial losses, facilities closure and employee dislocations in the form of cuts in pay and benefits and forced terminations. At a time when the public is looking for someone or something to blame, is it correct to cap the current executive compensation in the US? This paper will explore this possibility and its impact on American capitalism, whether such a move would be beneficial or harmful to the economy. In the United States, the capitalistic system rewards high risks with high rewards and that executives are paid astronomical amounts for their skills and capabilities. The executive compensation in the US consist the total rewards received by the top-level executives of a corporation. These high-ranking officers include the chief executive officer (CEO), the chief operations officer (COO), the chief financial officer (CFO), as well as the other executives who hold the highest level of management in a firm. The total rewards, meanwhile, is generally consisted of salaries, bonuses, incentive payments, deferred compensation plans, stock options, and the direct provision of goods and services. The stock option for executives could surpass the worth the direct cash payments such as salaries and bonuses. Additional perks may include packages that consist housing, personal staff, transportation and other personal expenses of the top executives, which are normally shouldered by employees. A ccording to Alan Greenspan (2007), the former chairman of the US Federal reserve: A [US] CEO’s compensation has, on average, been tied closely to the market value of his or her firm†¦ CEO compensation at such large US corporations reportedly rose by 10 percent annually between 1993 and 2006, triple the 3.1 percent annual increase of earnings of private-company production or nonsupervisory workers. (p.