When we started learning about market trends and how to predict company sales based on past performance I really was thinking that it didn’t seem right to even make an educated guess at how a company would do based on past performance. Think about any retail company in the month of December, are you going to tell me that January should outsell December? If anything I would say that sales would decline because of the Holliday being over (keep in mind that most companies keep this in mind and do not have crazy sales goals for January).
When Yahoo announced that they took a 5% dip in profits this year I was not surprised. Yahoo who used to be a major name in the online world has somewhat fallen off the map in most people’s eyes, and these customers would rather use a power house like Google to provide them with email accounts.  When co-founder Jerry Yang resigned from Yahoos board the stock actually increased 3.4%. Rumor has it that Yang stepped down because of the fact that Yahoo hired Scott Thompson as a Executive Officer. The BBC article went on to say that “This is clearly a positive. It provides a more objective and unemotional approach to strategic alternatives,”, and “It’s also good for the new CEO. He has one less entrenched legacy board member to resist his vision.”
This did not make any sense to me in terms of what we have learned thus far. Operations management is defiantly a huge part of a business, and this could be why the company saw an increase in profit once the CEO reigned. Like the article stated maybe the market believes in PayPals president Scot Thompson as its new chief executive, and that is why the value went up. This was just a overnight phenomenon while in fact total revenue fell 13% during the quarter, while net revenue ended $1.17bn – $20m below analysts’ projections.
This brings me back to my major point, how can a company really know what is going to happen over all. When I have seen companies’ project amazing sales numbers but at some locations completely miss their goal by thousands, while others crush their goal without even breaking a sweat. I understand the point of making these sales projections, but when a company like Yahoo drops 13% you have to wonder who did their job right and who didn’t. was it Yang that did not take Microsoft’s offer of 47.5 bn for the company that made the market a little uneasy over that decision? I think not, sometimes companies just have a rough year and either they will recover in the next couple of years or they will close shop and sell off everything they have to still come out on top. What do you think happened with Yahoo? Who used to use Yahoo and is now using Google or a different mail provider? Anyone out their still using AOL? They have been planning a come back for a couple of years now and I am interested to see what they do.

http://www.bbc.co.uk/news/business-16602041

http://www.bbc.co.uk/news/business-16713092

Owning your own company has a lot of advantages, work where you want to, who you work with, and who you want to employ. Being in IT for the past couple years you learn a lot about how people operate when they are left alone to complete a job that they are paid to do per job, and how someone works when they are employed with a salary.

Looking back at the exercise that demonstrated how and where a production line can bottle up it made me reflect on my work habits and those of people I have worked with. Once you are able to expand a operation on your own and hire someone to “help” you increase productivity you have to know the job that you are going to hand off front and back.

This is the only way that I can ever feel comfortable handing a job off. You have to understand how much time it takes to complete each task, and at what point do you stop wanting to even do your job. That way you will know what the “breaking point” is for anyone else.

I didn’t just learn this form people that I mentored before opening my own consulting company, but from past employers. Managers of current retail locations either had a lot of experience before they became a manager or worked for the company . To own a Mc Donald’s a requirement is that you had to be a employee for some time before they will allow you to invest your two million dollars to open your own location.

I never thought about all of this comparing the idea that all of my bosses most likely done the task that is being assigned to me. I think that this might be why some employees are so concentrated on why they believe that they

Compare this idea to what happened in class when the teacher was kicking worker number twos chair. There are always going to be bad bosses by all means. So no one take offence from this post if you have a bad boss. It really is your ability to tune certain people out when you are accomplishing your work. This will allow you to controlee your stress levels. Which is an important part of any job because some people are always going to be in your face about a dead line from the start.

This is exactly why I think the prof was yelling out constantly how many minutes we had left to build our towers in the second exercise late that very day. She was just trying to see if anyone would get nervous constantly knowing how much time they had left and would knock their tower down because of it. We are always going to have high stress situations so knowing your tasks and allocating time for time management is very important. The question I have for everyone out there is do you properly organize your time? If so what do you do to accomplish this?