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3rd Bac - Leadership in the workplace

  In the workplace, leaders who “lead by example” and inspire others to do the same are critical to an organization’s success. Leaders are arguably the most critical asset in any organization and are counted on as pillars to hold up and support the rest of the workforce. As such, their role is the most inspected and their success is most directly correlated to organizational success. As a leader, you are expected to be a problem solver. But you don't need to have all the answers. In fact, leaders are not only  allowed  to but are  obligated  to use any and all resources at their disposal to come up with the best solutions.  Great Leadership When thinking about great leaders  we often think of the characteristics they have that most people lack. That’s not how the legendary business leader W. Edwards Deming saw things. He believed that leadership isn’t about the individual at all. In fact, he saw leaders more as facilitators and the people being led as ...

2nd Bac - Expectations of a Leader

The leadership expectations provide key attributes and competencies that all managers of staff  are expected to demonstrate in their roles.  Managing   is designed to assist staff (at all levels) in further strengthening their skills and abilities to ensure that they are able to effectively achieve the following expectations: Demonstrate Integrity and Character      Consistently exhibit a high standard of integrity and ethical behavior      Resolve conflicts in an open and direct manner      Communicate candidly Achieve Outstanding Results      Set clear goals and priorities      Deliver on commitments      Make timely, high-quality decisions      Add value with superior expertise      Deliver a high level of customer service Inspire and Develop People      Select the best people for the organization      Actively develop pe...

1st Bac - Social Responsibility

Society is more concerned that business activities, which are carried out within countries, are operated respecting compliance with minimum requirements that help healthy social and environmental coexistence between human beings and other living beings that integrate nature, where different types of activities are developed for the production of goods and services In this process of increasing concern for social and environmental issues, the development of information and communication technologies (ICT) has played an important role - an example is the Internet -, thanks to these tools access to data has been facilitated and information on proposals and actions that, around the world, are carried out to improve the quality of human life, in harmony with the natural environment where other living beings also live Social responsibility and business development When talking about social responsibility, it refers to the concern that the entrepreneur shows for the three key areas of the dev...

3rd Bac - Leadership

 Watch the following video and take notes on your notebook:  https://www.youtube.com/watch?v=lmyZMtPVodo

2nd Bac - Effective Leadership Styles in Business

Being an effective leader is one essential part of running a successful business. But there isn’t just one right way to be a great leader. You can choose and develop a leadership style that works for you, your team and your business goals. Below are some established effective leadership styles  and tips to help you form your own leadership style. Transformational Leadership One type of effective leadership style is transformational leadership. Transformational leaders work with the goal of transforming their teams and organizations so that they’re constantly improving. They create a vision of the future that they share with their teams so that everyone can work together toward that shared goal and vision. Transformational leaders are also often seen as authentic, self-aware and empathetic. In addition, they handle conflict among team members well and hold both themselves and their team members accountable. Democratic Leadership Democratic leaders include their team members in ...

1st Bac - Tax Culture

 Watch the following video and make a summary on your notebook: https://www.youtube.com/watch?v=Hmbs_8uJ16w This video is in Spanish and it will help you understand better the tax culture in Ecuador.

3rd Bac - Use of ICT for projections

To facilitate the process of estimating the financial projections of income, costs and expenses, the entrepreneur can use computer tools, such as Excel or a reliable software. In the case of Excel, to make future projections, based on the knowledge of the historical behavior of some variable, the entrepreneur has some options within the section related to statistical functions: one of them is the estimation of data lines. At the time of the financial evaluation of the project, they also have the possibility of using the applications that are within the financial functions, the calculation of the internal rate of return and the net present value. Excel can also be a support during market research, since within statistical functions the measures of central tendency and dispersion can be calculated from the data on the behavior of the target market.