Charisma Is Not Always an Asset

In: Business and Management

Submitted By tenguia
Words 3062
Pages 13
Charisma Gone Wild: It’s Not Always an Asset

Jaime Paxton

Southeastern Oklahoma State University

Abstract
This paper serves to inform that charisma is not always positive. There is an extreme difference in charisma used ethically and charisma used unethically. Ethical charisma is used to serve the followers while unethical charisma is used to help benefit the leader themselves. This paper looks at multiple extreme examples of leaders using charisma in unethical ways, as well as one example of a charismatic leader blinding people to reality with the help of the media. It will also discuss the ways charisma is used in business, both ethically and unethically, as well as provide examples of times when charisma is appropriate.

Introduction
“Charisma is a fire, a fire that ignites followers’ energy and commitment, producing results above and beyond the call of duty.” (Klein & House, 1995, p. 183) Charisma is not always an asset and is frequently used in negative ways. Two people that immediately come to mind include Adolph Hitler and Osama Bin Laden. These are two of the most charismatic leaders to have ever lived, and although they had many followers, it is safe to say that neither of these two are viewed as positive leaders. These are just two extreme examples of leaders using charisma for personal gains.
Charismatic Disasters
Adolph Hitler
Hitler gained a large support group through the use of Charisma at his mass rallies. He would incite such an intense emotion in the people attending the rallies that they would become blind to anything other than what Hitler would say. It was as if people became spell bound and were unable to think for themselves. Hitler was able to realize that in order for him to carry out his plan he would need the support of the people. He also was able to comprehend the fact that “what is needed is not the…...

Similar Documents

Assets

...Structural Risk Management (Asset/Liability Management) (ALM) Section Topic Page 7000 Executive Summary…………………………………………… 7-2 7100 Legislative Summary………………………………………….. 7-3 7200 Policy……………………………………………………………. 7-5 7201 Asset/Liability Management Philosophy…………………….. 7-6 7202 Balance Sheet Mix…………………………………………….. 7-7 7203 Managing Liabilities…………………………………………… 7-9 7204 Managing Assets………………………………………………. 7-13 7205 Pricing…………………………………………………………… 7-14 7206 Terms……………………………………………………………. 7-15 7207 Interest Rate Risk……………………………………………… 7-16 7208 Matching Maturities……………………………………………. 7-17 7209 Foreign Currency Risk………………………………………… 7-18 7210 Financial Derivatives…………………………………………... 7-19 7300 Planning………………………………………………………… 7-21 7400 Risk Measurement and Board Reporting…………………… 7-22 7401 Mix and Yields…………………………………………………. 7-25 7402 Growth………………………………………………………….. 7-26 7403 Financial Margin……………………………………………….. 7-27 7404 Interest Rate Risk Measurement…………………………….. 7-28 7405 Monitoring Derivatives………………………………………… 7-35 7500 Risk Management……………………………………………… 7-36 7501 Reliance on Qualified and Competent Staff and Volunteers 7-37 7502 Managing Interest Rate Risk… ……………………………… 7-38 Executive Summary The goal of asset/liability management (ALM) is to properly manage the risk related to changes in interest rates, the mix of balance sheet assets and liabilities, the holding of foreign currencies, and the use of derivatives. These risks should be......

Words: 12512 - Pages: 51

Charisma

...think charisma is something you’re born with or can it be taught? If you will ask yourself what Martin Luther King Jr., Barack Obama, Gandhi, Jesus and Adolf Hitler had in common, you would see that they had some characteristics. Beside the fact they all have different values and ways of thinking, they all were charismatic. They all were born to inspire and influence a large amound of people. It seems like they have an ability to use such a quality to move a big group. There is a strong belief that charisma is some characteristic what you were born with. So either you are or you are not charismatic. But can you teach yourself how to be charismatic, or is it something you’re born with? In Greek, the term charisma has multiple meanings, like the power to perform miracles, to make prophecies, and the capacity to influence others. Many people see charisma as a special gift. Charisma is defined as an ability of a person to earn trust and support their followers: it enables a person to motivate others to help achieve goals. Charismatic people are more likely to hold peoples attention wich makes people listen to them more. The more charisma you have, the more people’s attention will be onto you. The larger impression you make, the more people remember about you. Nowadays, we say that someone has charisma when this person is outstanding and capable of influencing other people. Combined with other feature, such as leadership, personal attractiveness and confidence, charisma is......

Words: 556 - Pages: 3

Intangible Assets

...9 INTANGIBLE ASSETS PERSPECTIVE AND ISSUES Long-lived assets are those that will provide economic benefits to an enterprise for a number of future periods. Accounting standards regarding long-lived assets involve determination of the appropriate cost at which to record the assets initially, the amount at which to present the assets at subsequent reporting dates, and the appropriate method(s) to be used to allocate the cost or other recorded values over the periods being benefited. Under international accounting standards, while historical cost is the defined benchmark treatment, revalued amounts may also be used for presenting long-lived assets in the statement of financial position if certain conditions are met. Long-lived assets are primarily operational in character, and they may be classified into two basic types: tangible and intangible. Tangible assets have physical substance, while intangible assets either have no physical substance, or have a value that is not conveyed by what physical substance they do have (e.g., the value of computer software is not reasonably measured with reference to the cost of the diskettes on which these are contained). The value of an intangible asset is a function of the rights or privileges that its ownership conveys to the business enterprise. Intangible assets can be further categorized as either 1. Identifiable, or 2. Unidentifiable (i.e., goodwill). Identifiable intangibles include patents, copyrights, brand names,......

Words: 13762 - Pages: 56

Asset Identification & Asset Classifcation

...Asset Identification & Asset Classification 1. What is the purpose of identifying IT assets and inventory? i. To help identify areas of potential risks. 2. What is the purpose of an asset classification? ii. To evaluate the health of the company by examining how well each of the company’s assets are performing. 3. For the scenario you picked, give three (3) examples of customer privacy data elements. (HIPAA) iii. Names iv. Medical records v. Health plan beneficiary numbers 4. Why is your organization’s website classification minor nut its e-commerce server considered critical for your scenario? vi. Because it presents a smaller threat while the e-commerce server is more valuable to the organization. 5. Why would you classify customer privacy data and intellectual property assets as critical? vii. They are valuable assets to the organization and possess value to the organization. 6. What are some examples of security controls for recent compliance law requirements? viii. Sarbanes-Oxley Act – To certify the accuracy of financial information. ix. Children’s Online Privacy Protection Act – Information from children under the age of 13. 7. How can a Data Classification Standard help with asset classification? x. Classifying data helps prevent vulnerability to sensitive data. 8. How can you minimize leakage of customer privacy data through the public internet? xi.......

Words: 295 - Pages: 2

Tim Puts His Charisma Online

...Tim Puts His Charisma Online Tim is the sales manager at a national auto parts supplier. Among the many accounts his company serves are small auto supply stores, service stations, repair shops, supermarkets, and small retailers. Tim has a staff of fifteen external sales representatives, as well as five internal sales specialists who deal with online and telephone sales. The auto parts supply business is highly competitive, with most of the competition providing equally good parts and service. The personal touch therefore becomes quite important in gaining sales. Providing good service – such as refilling orders on frequently purchased parts and delivering on time – is essential. Tim also believes that inspiring the sales staff is vital in gaining a competitive edge. He notes, “If I inspire my sales reps, they will do a better job of building relationships with their customers. If I inspire the reps to sell more and better, they might inspire their customers to buy more parts and supplies from us. “ Tim reasoned that his attempts to inspire and motivate the sales staff were working fairly well, but improvement was needed. When appropriate, he sees members of his staff in person, telephones them, and sends out frequent voice mails and texts messages. Yet Tim thought that he could do more: “I have been described as charismatic by my boss and several friends. Maybe I could get a bigger bang out of my charisma, if I made better use of the social media to inspire my staff.......

Words: 1885 - Pages: 8

Always Running

...Always Running Name:_Eli_Juergens________________ Luis Rodriguez ***Answer in Bullet Point Responses*** Chps 1-4 1.Discuss the author’s family history- trials and tribulations his parents experienced. Especially as recent immigrants in Southern California. • Luis’s Parents met while his father was away attending a study program in Bloomington, India. While away, his fathers “enemies” had figured out a way to remove him from his job as principal at a high school in Ciudad Juarez, Chihuahua. His father was charged with stealing money from the schools funds, when in fact his father devoted everything he could to his career. Eventually his father was found innocent, but by that time he had lost his position as principal. • The Rodriguez family left Ciudad Juarez, Chihuahua, to move to Los Angeles when Luis was only 2 years old. Luis’s father was mostly out of work, but his mother was able to find work cleaning houses. His mother was unable to speak English, so it became frustrating to her when Americans would chastise her without being able to conjure a response, so she mostly just listened. • Luis’s Parents struggled to make ends meet. Louis describes his first Christmas ever with a fake aluminum tree and filled with gifts that came from a church group which gave out gifts for the poor. 2.Discuss recurring theme of isolation and segregation. How was the author isolated in school and within his own family? How was the......

Words: 1209 - Pages: 5

Asset Identification & Asset Classification

...Asset Identification & Asset Classification 1. What is the purpose of identifying IT assets and inventory? To have a detailed knowledge of what is on hand and its value 2. What is the purpose of an asset classification? To determine risk of each assets and value. 3. For the scenario you picked, give three examples of customer privacy data elements. * Login ID passwords * student grade report * student and teacher personal information 4. Why is your websites classification minor but its e-commerce server considered critical for your scenario? Because there is customer’s credit card information stored on the servers. 5. Why would you classify customer privacy data and intellectual property assets as critical? These are things that can be damaging to not just an organization but to individuals as well. 6. What are some examples of security controls for recent compliance law requirements? Biometrics, Tokens, Smart cards 7. How can a data classification standard help with asset classification? You can properly classify what might normally be a low priority a high risk classification because of the data that’s on it. 8. How can you minimize leakage of customer privacy data through the public Internet? One way is to encrypt the sensitive data with at least 256 bit encryption key. Another way is to label whatever the sent information is as something not out of the ordinary. 9. Give the importance of the Master SQL database......

Words: 496 - Pages: 2

Real Asset vs Financial Assets

...:INVESTMENT ALTERNATIVES * Types of assets that investors can invest in; financial assets and real assets * * Financial assets: are claims that organizations sell in order to finance their financial needs. Examples of financial assets are shares, bonds, certificate of deposits, unit trust. * Real assets: consists of tangible assets such as investment in real property, precious metal, gems, antiques, stamps, coins and work of arts. Real Asset vs Financial Assets Types | REAL ASSETS | FINANCIAL ASSET | Characteristics | Tangible asset/physical capital that generate income | Claims of organization sell in order to finance their financial needs t | Advantages | * It can be used to produce goods and service s * Owning a real tangible asset that has both investment and aesthetic value | * It has an efficient market for trading * High liquidity * Easy to transfer ownership | Disadvantage | * Lack of an efficient and limited market * Hard liquidate * High commission charged | * Must go through broker (middleman) to get access into the market | Example | * Real property ( house, land, machine, gold, antiques) | * Shares, bonds, certificate of deposit ,unit trust, commodity, derivative instruments | Savings * Form of fixed investment where principal amount and terminal amount is known. ADVANTAGES | DISADVANTAGES | * Provide security * Earn interest on savings * High liquidity | * Earn low income * Hard......

Words: 515 - Pages: 3

Asset

...measured. © Jones and Bartlett Publishers, LLC. NOT FOR SALE OR DISTRIBUTION. 59643_CH02_5289.qxd 26 5/4/09 C HAPTER 2 10:39 AM Page 26 U NDERSTANDING H EALTHCARE M ANAGEMENT R O L E O F T H E M A N A G E R I N TA L E N T MANAGEMENT In order to effectively master the focal areas of management and carry out the required management functions, management must have the requisite number and types of highly motivated employees. From a strategic perspective, healthcare organizations compete for labor, and it is commonly accepted today that high-performing healthcare organizations are dependent upon individual human performance (Thompson, 2007b). Many observers have advocated for healthcare organizations to view their employees as strategic assets who can create a competitive advantage (Becker, Huselid, & Ulrich, 2001). Therefore, human resources management has been replaced in many healthcare organizations with “talent management.” The focus has shifted to securing and retaining the talent needed to do the job in the best way, rather than simply fill a role (Huselid, Beatty, & Becker, 2005). Beyond recruitment, managers are concerned about developing and retaining those staff who are excellent performers. There are several strategies used by managers to create and maintain excellent performers. These include formal methods such as offering training programs, assisting with hands-on leadership, providing continuing education, especially for clinical and technical fields,......

Words: 4706 - Pages: 19

Assets

...Asset plays a vital role for the sustainability of the company and it is the main financial instruments of the company however we can’t find more enough about asset figure in accounting field. Since total assets are one of the central concepts of accounting, this essay is going to address the term of assets its measurement, the problem arises due to addityvity, categorisation and treatment of asset and the qualitative characteristic of standards. Assets are categories in current assets and noncurrent, tangible and non tangible assets. As these assets are categories differently as a same way there are different measurement basis of assets. There are different ways of measurement for the assets but still there is a problem of addivity. This problem arises when there are different types of assets in the company and measurement for all assets is in same basis. These cause the problem of addivity because we can’t add different asset by the same measurement method. Company have to measure according to the nature of asset . Accounting standard board has prepared qualitative characteristics of financial information such as faithful representation, relevance, understandability, timeliness, comparability and verifiability which are helpful while making measurement decision in the company. Most important assumptions in decision making process and improvement economy is existence of quality financial information. Significant number of this information comes from accounting information......

Words: 374 - Pages: 2

Assets

...Horizontal Analysis An increase in the total assets in 2010 by 18.28% as compared to base year 2009 can be attributed to the large percentage of increase in noncurrent assets. These accounts include intangible assets, goodwill, and other noncurrent assets. In addition to those, some current accounts such as prepaid expenses and biological assets contributed also to the increase in total assets. Using 2010 as a base year, there was a 28.27 % increase in total assets by 2011. This is largely attributable to the increase in investment on biological assets and other noncurrent assets accounts. There is also an increase in investment properties which are sources of additional cash and trade receivables from renting pieces of property to others. The increase in percentage of total assets dropped from 28.27% in 2011 to only 12.50 % by 2012. This is attributable to the minimal growth in several noncurrent assets which were the large contributors to total assets for the previous years. However, most current assets now have positive percentage increases, although cash and cash equivalents account remains negative. By 2013, there was a further decline in the increase of total assets, with only 6.23% as compared to 2012. This is largely attributable to the continuous decrease in investments on noncurrent assets which boosted increase in total assets in the previous years. In addition to that, several current assets accounts returned to their previous......

Words: 2552 - Pages: 11

Inventory of Assets

...Inventory of Assets Introduction Inventory of assets is the accounting of information technology and systems, both hardware and software, that is necessary for maintaining a stable and accurate support in order to provide information security and assurance, disaster recovery, as well as to avoid service interruption. In any organization, it is important to have an organized list of all assets including hardware and software, as well as licensing. Company-issued laptops, smartphones, tablets, and other mobile devices can be an easy target of cyber attackers. It is ideal to have an organized way of keeping track of company assets (i.e. spreadsheets or database). Quick references such as spreadsheets/workbooks or databases can easily provide reports of asset inventory containing type of equipment, count, value, asset tag information, software license number, license expiration, employee ID to whom assets are issued to, etc. As an employee of any company or organization, the company issued laptops, devices and other peripherals should be the responsibility of the employee that the item(s) is issued to. A stolen laptop could cause the company a huge amount because it does not only require the replacement cost, but has serious security concerns involved. According to Mitnick and Simon, “Even when security is being well handled within a company, there is too often a tendency to overlook the corporate network, leaving an opening that attacker(s) can take advantage of. Laptops......

Words: 2212 - Pages: 9

Asset Goodwill

...identifiable assets (identifiable assets less liabilities assumed) acquired” (Fraser, Ormiston, 2013). What are the key factors in the creation of business goodwill? These are going concern, excess business income & the expectation of future economic benefits. Within a business they are three sources of goodwill. These are as follows: * Expertise of the workforce which states that there is no value included on the balance sheet as an asset for costs incurred for labor expertise. * The reputation of the product(s) of the business can help boost sales and profits if they are good or they could have negative effects on the sales and profits if the reputation is not up to par. * The general economic environment, if levels of interest and exchange rates are high will help with the amount of goodwill associated with the business. Balance sheets are calculated daily and are normally completed at a certain time period, such as: quarter-end, month-end and year-end and it is an in-depth process in making sure all of the numbers are correct and that it all adds up and is accurate on those dates. It is important that a business know what their profit is today, within a year, and a year and longer. Knowing the finances of the business on a daily basis is important but also planning ahead is a must in order to run a successful business. When calculating the projected finances for a business you should break it down into two sections, which are current assets and......

Words: 904 - Pages: 4

Not Always Equal

...on the women’s side; Svetlana Kuznetsova, Serena Williams, and Kim Clijsters, only had to win a total of 64 sets. In terms of time spent on court, the longest match in the history of Wimbledon on the men’s side was four hours and forty-eight minutes, while the longest match at Wimbledon on the women’s side was only two hours and forty-five minutes. The prize money slightly differs between each Grand Slam, but there is no difference between the money received by each gender, even though the women played substantially less. There is no issue with women getting the same amount of prize money as men, but they should have to earn it. Equal pay should only be offered if everyone competes on an equal playing field. Prize money has not always been equal at these events. The main activist for female rights in the sport of tennis was Billie Jean King. She fought for equality her whole competitive sporting life. She battled with the sponsors, tournament directors, and even a male tennis professional in a highly publicized match. In 1970, she defeated Bobby Riggs, who was a great tennis player in his time, in a three out of five set match. This instantly made women’s tennis more credible in the eye’s of the general public. Billie Jean King kept fighting until the US Open finally agreed with her view and gave out equal prize money in 1973. The other three Grand Slams followed suite in 2007. She continues to fight for the rights of women to this day. Women have worked long...

Words: 965 - Pages: 4

Charisma Leaderhip

...but the followers, by large, remain passive. In Gandhi’s leadership this can be said to have taken place during the years 1915-1920 when Gandhi was back to India from a successful movement in South Africa. India had no tall leader whom it could depend on and Gandhi’s charisma was just started showing its colors (Champaran and Kheda Satyagraha) [5]. Step 2: Activity Arousal In this step the leader arouses the follower to become the part of the change. Followers who were passive admirers of the leader till the earlier phase become active supporters of the leader and the cause for which he is identifying himself. The longer this stage lasts the longer is a span of the charismatic leadership. In Gandhi’s case this step lasted from 1920 till 1930. Gandhi’s non-cooperation movement in 1921 is a precise example of activity arousal stage where he awakened the whole country to rise against the British rule [6]. Palshikar 4 Charismatic Leadership Step 3: Commitment Commitment stage in the charismatic leadership is without any doubt the most interesting step in the process. This step takes the charismatic leadership at the peak and at the same time this is the phase when the charismatic leader starts losing his charisma. This step starts by demonstrating the extreme commitment of the leader towards the goal and same commitment from the followers towards the leader. This demonstration often takes the shape of some kind of sacrifice on the part of the leader or impending danger on the......

Words: 3381 - Pages: 14