Course Project: Visual Journal by Fera, Kevin

Module 1:

s3812412 — 2025-04-30 00:59:26 UTC

Fayol was a French mining engineer and author, he built the foundation of modern management theory. One of his key revelations was that management is fundamentally a process involving people and that the company's people are where the success derives from.

Module 1:

s3812412 — 2025-04-30 01:27:57 UTC

Vertical (or top-down) management is one of many managements a company can implement. It's a hierarchical structure where different levels of management levels focus on various different business aspects. This structure was common in the 19th and 20th century.

Moudle 2:

s3812412 — 2025-04-30 01:51:13 UTC

In order to increase corporate social responsibility companies often use philanthropy. Many companies practice this by starting charitable programs, offering scholarships, donating, etc. A prominent figure, who is known for his philanthropy is Bill Gates.

Module 2:

s3812412 — 2025-04-30 02:03:24 UTC

Patagonia is a well-renowned company that prioritizes sustainable efforts. They have integrated many sustainability efforts, such as donating parts of their sales to environmental causes and using reusable materials.

Module 3:

s3812412 — 2025-04-30 02:10:26 UTC

Globalization creates new opportunities for businesses to increase profits by expanding their market and access to resources. While globalization may seem opportunistic for businesses it still has drawbacks, such as increased compeition.

Module 3:

s3812412 — 2025-04-30 02:15:32 UTC

McDonald's is a prime example of a country that has expanded across different cultures and customs. McDonald's success lies not only in its ability to replicate its core business model internationally but also in its adaptability to local tastes, traditions, and cultural preferences.

Module 4:

s3812412 — 2025-04-30 02:21:48 UTC

Planning is one of the four management functions and it's the process of setting goals and the actions required to achieve these goals. Bill Belichick, once the head coach of the New England Patriots, is an excellent example of how effective planning can lead to success in a changing environment.

Module 4:

s3812412 — 2025-04-30 02:34:54 UTC

Making decisions is a task that everyone will have to face in their life. When making decisions it's important to understand that it involves recognizing and overcoming potential barriers that can limit judgment. Walter White is a prime example of how these barriers can take over the decision making process. Initially motivated by the desire to provide for his family after a terminal cancer diagnosis, Walter's decisions quickly shift from being practical to being driven by ego and overconfidence.

Module 5:

s3812412 — 2025-04-30 02:45:16 UTC

Google has built a remarkable organizational structure because it encourages ideas and empowers employees to make decisions. Google also has a clear mission which is, "to organize the world's information and make it universally accessible and useful."

Module 5:

s3812412 — 2025-04-30 02:55:17 UTC

A high-performing team shares key values, which build trust, motivation, and accountability. Effective decision-making and mutual trust are necessary for a team to be successful, as shown by the image provided by Squid Games.

Module 6:

s3812412 — 2025-04-30 03:00:37 UTC

Recruiting and selecting qualified applicants is one of the most challenging aspects of running a business. There are several steps required when hiring applicants, such as reviewing resumes, screening candidates, conducting interviews, etc.

Module 6:

s3812412 — 2025-04-30 03:04:12 UTC

Employee compensation is an important factor that is decided by managers and HR. It is dedicated to the relative paid for similar jobs, cost of living, employees' experiences, etc.

Module 7:

s3812412 — 2025-04-30 03:13:15 UTC

Leadership is the ability to guide and inspire others toward achieving a goal. It involves learned skills and personal qualities like vision, motivation, and resilience. Alexander the Great is a prime example of this kind of leadership. He had a bold vision of uniting a vast empire that spanned thousands of miles. His ability to motivate, strategize, and lead by example helped him conquer nations.

Module 7:

s3812412 — 2025-04-30 03:17:45 UTC

Amazon founder Jeff Bezos is a prime example of a leader who transcends online business. Bezos inspired his team to think broader and challenged the way they thought pushing the boundaries of what was possible in e-commerce and technology.

Module 8:

s3812412 — 2025-04-30 03:27:15 UTC

Internal data is one of the many ways companies can monitor their performance. This measurement is vital for understanding if operations are on track or if they need guidance. Internal data, includes accountants who manage the spending, track financial performance, and ensure that resources are being allocated efficiently to meet company objectives.

Module 8:

s3812412 — 2025-04-30 03:36:30 UTC

Organization control is used to make sure the company is on track to meet its goals using strategic, tactics, control, and operational management. The strategy sets long-term goals and direction, tactics are specific actions taken to reach those goals, and operation control manages day-to-day tasks.