The Interview with David Konig - a Professor at the Washington Essay

The Interview with David Konig - a Professor at the Washington University - Essay Example The person I chose to interview in this case was David Konig, a professor at Washington University. The interview was conducted within the institution for the purpose of convenience to the professor. I particularly chose a person in the teaching profession because this is one profession that employs the importance of effective listening most of the time. The interview conducted lasted twenty minutes and these twenty minutes were actually the most insightful minutes I have ever had with regards to the art of listening in individuals. It is of the essence to understand what it really means to listen effectively in the education sector. This is a particularly touchy issue in the sense that when it is taken lightly there tends to be a very high chance that the wrong information will be communicated to the target audience. In education, especially, active listening entails being in a position to communicate to what a person hears from the speaker. The main reason for this is to establish whether the person has understood that which is being passed across. Indeed it is true that listening is a process. In this light, it can be set as a three-step process. These steps are actually the most important if effective listening is to be achieved. The first step is that of comprehending that which is being communicated. This is what will point out whether there is actual communication to the recipient. The next step is retaining the communication that has been received.  

TREASURY & RISK MANAGEMENT Essay Example | Topics and Well Written Essays - 3750 words

TREASURY & RISK MANAGEMENT - Essay Example The TMEM’s president had to come up with a proposal, on how to reduce and even eliminate the losses, and present it to the company CEO in Japan. Therefore, this case analysis will seek to provide possible reasons that could have forced the company to delay shifting its manufacturing centers for European market to Europe. Also, analysis of both the effects that could have been experienced if the Euro had joined European Monetary Union and other factors on the company’s situation will be provided. Next, possible problems leading to the losses being experienced by the company will be categorized into either short term or long term. The final part of analysis will provide recommendation of appropriate measures that the company should have taken to resolve the problems. There are a number of reasons that might have forced Toyota to delay in moving its manufacturing for European sales to Europe. The most probable reasons could be associated with the depreciation of Euro against major currencies, the expected costs of setting up the plant, availability of labor, anticipated risks of either losing their intellectual property as a result of theft, need for up-to-date innovations, strategic problems as well as feeling of being unprepared. To begin with off shoring manufacturing to Europe without a clear thought of plan could have resulted into two strategic problems (Wood 2009). One of the strategic problems is logistical issues. Spreading out manufacturing activities without having a good plan in place could expose the company to unexpected disruption of important supplies. Although the need to offshore manufacturing to Europe could have been appropriate in enabling the company to compete with its rivals, responding to customers’ needs could hav e been a problem (Bessis 2011). The other reason that could have resulted to a delay in shifting manufacturing to Europe