The Market Economy in Jacksonian America. Did it benefit or hurt Research Paper - 1

The Market Economy in Jacksonian America. Did it benefit or hurt america - Research Paper Example According to Jackson, the proper road to reform lay in an absolute acceptance of majority rule as was expressed through the democratic process. However, beyond these general principles, Jacksons campaign was particularly vague about specific policies. As an alternative, it stressed Jacksons life story as a man who had risen from modest origins to become a Tennessee planter who was successful. His claim to peculiarity lay in a military career that included service as a young man in the Innovatory War, some anti-Indian campaigns, and, of course, his topmost moment in the Battle of New Orleans at the end of 1812 war.2 Jacksons election marked a new direction in American politics. He was the first president to be elected from the west, certainly, the first president from a state other than Massachusetts or Virginia. He confidently proclaimed himself to be the common man champion and he believed that their interests were ignored by the aggressive national economic plans of and Adams and clay. Nevertheless, more than this, when Martin Van Buren followed Jackson as a president, this indicated that the Jacksonian movement had long-term significance that would outlast his own alluring leadership. In the year 1834, President Andrew Jackson was celebrating the â€Å"glorious victory.† The old warrior who battled the Seminoles, the British and the creeks now was cheering his victory over a president who was referred to as â€Å"colossal of corruption.† Now, who was the giant that jack had to eliminate from the world two earlier years? This mammoth was the bank of the United States of America and Jackson’s defeat of the bank and its president, Biddle, was among the most important legacies of his presidency.3 The bank of the United States had been formed in the year 1791. It was chartered by the federal government, its stock was owned jointly by private investors and the government. It served as the bank of the government- center of tax revenues were being

Introduction to Organisations and Management Essay - 9

Introduction to Organisations and Management - Essay Example The structure is strictly hierarchical and there is a long history of conflict with the unionised workforce that comprises the majority. There seems to be an issue of trust between management and workers. The changing business environment is putting pressure on the company to achieve more with less. The company has a number of issues in its ability to manage existing and new business requirements due to internal capability limitations – poor inter-department communication and coordination, lack of flexibility among teams and poor internal control mechanisms. The leadership is, in the meanwhile, focusing on personal plans. Watson represents a company that has omitted the task of creating a vision or strategy for itself. The owner believes in responding to situations after they arise, an attitude that runs through the organisation and stifles the capability of talented resources. This is demonstrated in the absence of unified focus at all levels in the company and that of Ã¢â‚¬Ë œclarity to business units’ to provide direction (Johnson, 2008, p. 304). The H&M Consulting Group employs a highly-skilled specialised workforce that can cater to business requirements of a diverse client group. The company is following a strategic path of inorganic growth through acquisitions and recruitment. The company follows a networked structure that utilises specific talent in teams to manage projects. Sophisticated information technology is utilised for effective coordination between and within project teams and to ensure resource availability to achieve project requirements. The workforce is self-directed. H&M has laid down well-defined mission and value statements and the workforce is focused on ensuring commercial success while taking care that core principles are met. The leadership is in constant contact with relevant issues with respect to corporate responsibility and seeks to find ways to ensure that it contributes to these larger goals. H&M represents a globa l organisation that draws strength from a strongly networked employee base. It represents a structure that is transnational as defined by Bartlett and Ghoshal as possessing ‘strong geographic movement†¦ global product responsibility necessary to achieve global efficiency†¦ worldwide functional management†¦ vital to worldwide learning’. Translated into management tasks, this includes ‘legitimising diverse†¦ capabilities, developing†¦ flexible coordination, building shared vision’ (Hoecklin, 1995, p. 42-43). Analysis The case is analysed on the parameters of organisation design, team work, leadership and management style and culture. Organisation design and structure The key to competing in a changing environment lies in the capacity to differentiate one’s offerings from the other players in the market. Differentiation may be based on niche service offerings that cover specific market needs or a diverse offering that covers var ied ones. Watson operates in the automobile components sector and has not opted for a strategy based on differentiation. H&M operates in a number of sectors that require specialised knowledge and skill thereby creating a niche for itself in a wide setting. The method to implement a strategy based on differentiation is through a careful assessment of the value chain within as well as among competitors and designing the organisation structure. Organisation structure that is based on the view of the value chain