Lead

In: Business and Management

Submitted By neellu
Words 1071
Pages 5
Companies know that one of their best means to survive and prosper is by introducing new innovations. Unfortunately, despite the massive investments put behind this realization, new products fail at a shocking rate estimated by various studies at 40 percent to 70 percent. Of the 30,000 products introduced annually, between 70 and 90 percent disappear from store shelves within 12 months. It’s too easy to blame these failures on poor products. Consumers often turn away from goods that do offer improvements over existing ones. Consider TiVo's digital video recorder. Though it has garnered rave reviews from industry experts and users since the late 1990s, TiVo amassed $600 million in operating losses by 2005 because demand trailed expectations. This raises two questions: Why don’t people buy these goods? And why do companies keep offering products that buyers are likely to reject?
[pic]
People don’t like being changed. This has a significant psychological effect due to our many cognitive biases. One important cognitive bias that comes into play when it comes to the challenge of adoption is that we overvalue what we have. This results in a significant hurdle when, for example, health organizations try to shift Providers from hand written charts to electronic medical record. Kahneman and Tversky’s prospect theory holds that there are four characteristics of our responses to alternatives, the most important of which is “loss aversion”, the idea that losses have a far greater impact on people than similarly sized gains. In addition, the “endowment effect,” as described by Thaler, means that people irrationally overvalue goods in their possession over those they don’t have by a factor of close to three. Finally, compounding these effects is the status quo bias, which gets stronger over time.
Gains and losses: First off, people evaluate attractiveness of new products and…...

Similar Documents

Lead Poisioning

...LEAD POISONING IN CHILDREN Introduction: Lead poisoning results from the accumulation of lead in the blood and body tissues of those individuals that are frequently exposed to lead. Lead is a heavy metal which is naturally occurring in the soil. It is recognized on the periodic table by its chemical symbol [82Pb]. Lead poisoning is most common in children between the ages of 1 -2 years. Its adverse effects are also most devastating among this age group. Lead is mined and extracted for many industrial and domestic uses. Hence the ease of indoor and outdoor exposure. Chronic exposure to Lead could result in severe morbidity and mortality in affected individuals. Adverse effects of Lead poisoning range from seizures to mental retardation and even death in children. Childhood lead poisoning remains a major environmental health problem in the United States. A more disturbing fact is that even children who appear healthy can sometimes have dangerous levels of lead in their bodies. [8] Short History of lead poisoning: Lead was first mined in Asia Minor (today Turkey) about 6500 BC. A 6000- to 8000-year-old lead necklace was found in the ancient city site of Anatolia. Lead's easy workability, low melting point and corrosion resistance were among its attractions. Lead toxicity was first recognized as early as 2000 BC. Nicander of Colophon wrote of lead-induced anemia and colic in 250 BC. Gout, prevalent in affluent Rome, is thought to be the result of lead, or leaded......

Words: 833 - Pages: 4

Lead Poisoning

...Lead poisoning (also known as plumbism, colica Pictonum, saturnism, Devon colic[->0], or painter's colic) is a medical condition caused by increased levels of the heavy metal[->1] lead[->2] in the body. Lead interferes with a variety of body processes and is toxic to many organs and tissues including the heart[->3], bones[->4], intestines[->5], kidneys[->6], and nervous[->7] systems.Symptoms include abdominal pain, confusion[->8], headache, anemia[->9], irritability, and in severe cases seizures[->10], coma[->11], and death[->12]. Routes of exposure to lead include contaminated air, water, soil, food, and consumer Occupational exposure is a common cause of lead poisoning in adults Classically, "lead poisoning" or "lead intoxication" has been defined as exposure to high levels of lead typically associated with severe health effectsLead is a common environmental pollutant.[11] Causes of environmental contamination include industrial use of lead, such as is found in facilities that process lead-acid batteries or produce lead wire or pipes, and metal recycling and foundries.[32] Children living near facilities that process lead, such as smelters, have been found to have unusually high blood lead levels.[33] In August 2009, parents rioted in China after lead poisoning was found in nearly 2000 children[->13] living near zinc and manganese smelters.[34] Lead exposure can occur from contact with lead in air, household dust, soil, water, and commercial products.[9] People can be...

Words: 814 - Pages: 4

Lead in Industry

...Lead has been found in some consumer candies imported from Mexico. Certain candy ingredients such as chili powder and tamarind may be a source of lead exposure. Lead sometimes gets into the candy when processes such as drying, storing, and grinding the ingredients are done improperly. Once lead is absorbed into the bloodstream, some of it is filtered out and excreted, but the rest gets distributed to the liver, brain, kidneys and bones. Lead causes anemia in both children and adults by impairing the formation of oxygen-carrying molecules, beginning at exposures of around 40ug/dl. Lead has been found in some consumer candies imported from Mexico. Certain candy ingredients such as chili powder and tamarind may be a source of lead exposure. Lead sometimes gets into the candy when processes such as drying, storing, and grinding the ingredients are done improperly. Also, lead has been found in the wrappers of some imported candies. The ink of these plastic or paper wrappers may contain lead that leaches into the candy. The allowable levels of lead are that consuming even small amounts of lead can be harmful. There is no safe blood lead level. Lead poisoning from candies can cause illness. The effects of lead on children’s health can have a wide range of effects on a child's development and behavior. Even when exposed to small amounts of lead levels, children may appear inattentive, hyperactive and irritable. Children with greater lead levels may also have problems with......

Words: 579 - Pages: 3

Lead

...number of hours needed to produce each vehicle), these companies have been able to turn a profit with smaller vehicles. In the past, Ford has differentiated itself by focusing on more profitable SUV and truck lines while often losing money on its smaller vehicles. Given changing demand, this strategy is no longer feasible. The 2008 Harbour Report found extreme differences in profit per vehicle between The Big Three (General Motors, Chrysler, and April 20, 2009 7 Ford Motor Company (NYSE: F) Ford) and the foreign automobile producers within the U.S. markets. Whereas Toyota makes approximately $922 profit per vehicle sold, estimates show that Ford lost $1,467 per vehicle in 2008 and General Motors lost $729.3 Toyota is now the undisputed lead in vehicle production worldwide. In 2008, Toyota sold nearly nine million vehicles, compared to General Motors’ 8.3 million. In recent years Toyota has not only been one of the most profitable producers, but also the most efficient: in 2008, it took an industry shortest average of 30.37 hours to produce a vehicle from start to finish.4 Within Europe, Ford’s main competitors are Volkswagen, PSA (Peugeot), Renault, GM, and Fiat. Volkswagen is the dominant producer in the region, and has seen strong growth in the past four years. Ford experienced much greater success at turning a profit on small vehicles in the region, and the ‘One Ford’ strategy intends to take advantage of this. Overall, Ford has managed to remain competitive in......

Words: 7639 - Pages: 31

Leads

...LEADS 1. Consider how NUMMI became a learning organization – what changes in structure, labor practices and especially management philosophy made NUMMI more competitive that the GM plant that it replaced? How do the different parts of the system support each other? 207 words NUMMI became a consummately adaptive enterprise. The leadership at NUMMI realized the importance of “Creative Tension”. They were true in their assessment in judging the current reality as well as very clear in the vision of where they wanted to be in the future. The managers at NUMMI took on the roles of designers, teachers as well as stewards thus creating an ambiance of shared responsibility and mutual respect. The corporate philosophy of the company changed to be customer centric. Service to its customers was considered as of paramount importance followed by service to its employees. The labors at the plant felt a sense of ownership and pride not only in the work they performed but also in the overall growth of the company. The hierarchical structure in the company was changed to be more flatter organization in which the opinions of the lowest members of the organization were also recognized for the benefit of the company. There was a culture of discipline and long term visibility of the firm shared among the employees of the firm. The management at NUMMI realized that the long term sustainability of the company could only be achieved by the process of continued learning, or something referred to...

Words: 614 - Pages: 3

Lead Lead

...Leaders Lead There are leaders and there are followers. Leaders are people who lead a group, organization, or a community. Followers seek guidance from leaders and complete the task at hand. Leaders are advocates in our world. They are innovators and creators. In order for anything in the world to succeed there must be leaders to lead and followers to follow. For example, when working on a group project in order for the project to succeed someone must step up and be a leader. Someone must delegate the responsibilities that each person in the group will need to complete. If this is not completed the project may have no direction and will fail. The most effective leaders must understand their audience and determine their leadership styles. Some employees need more development then others, while some employees are able to work with no assistance or guidance. In order for one to be an effective leader one must have the appropriate leadership style. Sir Richard Branson (Branson) accurately discusses his leadership styles in his case study “Sir Richard Branson, Chairman, Virgin Group, Ltd”. Throughout this paper, we will discuss the leadership stylings of Branson and the effectiveness of that style in United States today. How using different leadership stylings could make Branson a more effective leader. Also, how Branson will lead a global team while working on a major project, and how one can incorporate some of Branson’s leadership qualities into a role at a workplace.......

Words: 1099 - Pages: 5

The Age of Lead

...THE AGE OF LEAD A This Canadian short story is about a woman, who through all of her youth believed in postmodern values and a life without consequences. Becoming an adult, she realizes more and more that there will be consequences if she acts. When her lifelong friend dies she accepts the consequences, but she can never live happily with them. Jane is a war child, which she hears repeatedly from her mother. Her mother goes on and on about consequences in her entire teenage life. She makes very good friends with a boy from school, Vincent. Their motto is “no belts, no pins, no pads, no chafing.” You could say that they are two little postmodernists. They do not want the social hierarchy “freedom from the world of mothers” (line 88), they do not want gender roles “they made fun of going out” (line 77). They want a world without consequences. When they go to university, Jane concentrates her boy-time on Vincent and starts to fall in love with him but nothing happens. Even though they both want to live a life without consequences, Jane still wants to make love to Vincent. That would certainly put? emphasis on the differences between them, which was what they made fun of a few years earlier. It is as if Jane does not really understand Vincent’s approach to life. She does not think these postmodern thoughts as he does. However, when he lives them, she understands it. The same pattern continues when Jane moves back to Vincent after a period of years. He is still the same and......

Words: 1272 - Pages: 6

Learn to Lead

...MGMT 464: Learning to Lead, Assignment #1 Due: March 12 (at the beginning of class; submit electronically) Instructions: The goal of this exercise is to apply course concepts to your life. On a separate sheet of paper, please discuss something you have done to expand your network. Your write-up should be no more than 2 pages (single-spaced) and include the following information: * What action did you take to expand your network? (Be specific) * Why did you take this action? (What weakness in your network were you seeking to address?) * What was the outcome? * What, if anything, would you do differently when seeking to expand your network in the future? | Actions I take to expand my network and reasons: 1) Grab opportunities I grab opportunities that I know they will help me getting to know “quality” people. Those people can help me learn new skills that I need for my future career and support. In addition, they may be “doorways” of opportunity. Currently, I am a Recruitment Volunteer Assistant at HealthEssentials LLC. It is a profit healthcare company. Although I work at a volunteer, I have a chance to work with the recruiters, office managers, and senior leaders. They show me skills that I have not known before, from basic skills like dealing with paperwork to communicating with CEO, CFO, COO, and other important high-level people. 2) I realize that I may need help from the above people. There is a chance that they can help me to......

Words: 719 - Pages: 3

Connect Then Lead

...Spotlight on Influence Spotlight Artwork Jessica Snow Curly Words, 2011, acrylic on paper 17" x 21" HBr.org Amy J.C. Cuddy is an associate professor of business administration at Harvard Business School. Matthew Kohut and John Neffinger are the authors of Compelling People: The Hidden Qualities That Make Us Influential (Hudson Street Press, August 2013) and principals at KNP Communications. Connect, Then Lead To exert influence, you must balance competence with warmth. by Amy J.C. Cuddy, Matthew Kohut, and John Neffinger July–August 2013 Harvard Business review 55 Spotlight on InFluEncE Is it better to be loved or feared? Niccolò Machiavelli pondered that timeless conundrum 500 years ago and hedged his bets. “It may be answered that one should wish to be both,” he acknowledged, “but because it is difficult to unite them in one person, it is much safer to be feared than loved.” Now behavioral science is weighing in with research showing that Machiavelli had it partly right: When we judge others—especially our leaders—we look first at two characteristics: how lovable they are (their warmth, communion, or trustworthiness) and how fearsome they are (their strength, agency, or competence). Although there is some disagreement about the proper labels for the traits, researchers agree that they are the two primary dimensions of social judgment. Why are these traits so important? Because they answer two critical questions: “What are this person’s intentions...

Words: 4513 - Pages: 19

Lead in Candy

...Lead in Candy A recent issue that has generated a good deal of controversy is contaminants in children's candy, imported mostly from Mexico. The Orange County Register (OC Register) conducted an investigation and “recommendations emerged from sources during the course of the investigation” (2013). Recommendations include, but are not limited to, train “candy makers” on ways to reduce lead; testing of manufactures and providers of chili, tamarind, and packaging; improve communication by sharing data in-house and with Mexican officials to coerce change of production methods; and publicize the effects of lead on children’s health (and in adults, especially during pregnancy), such as delayed growth, hearing and weight loss, untimely birth, permanent brain damage and even death, for example (UCLA Report, 2009). The OC Register (2013) states that, “some changes have occurred on both sides of the border.” As an example, the Food and Drug Administration (FDA) relayed a letter to candy producers saying it will start the process of setting a lower acceptable level of lead in domestic products, and the agency stresses that the new maximum levels are “achievable under good manufacturing practices in the production of candies and candy ingredients” (Food Navigator USA, 2006). In addition, it is important to mention that the number of cases of lead poisoning have dropped dramatically over the last two decades, due largely to both environmental regulations and......

Words: 351 - Pages: 2

Lead Poisoning

...Importance of Lead Poisoning * It can cause serious harmful problems effects on the body including: hearing, anemia, peripheral neuropathies, wrist/foot drop, encephalopathy, seizures, coma, and even death. It can also cause children to have lower IQ scores and behavioral issues. * Lead stays within the body for decades, stored within the bones of the human body. * In pregnant women, lead can cross the placental barrier and cause harm to the fetus such as reduced growth and prematurity. Importance of Lead Poisoning * It can cause serious harmful problems effects on the body including: hearing, anemia, peripheral neuropathies, wrist/foot drop, encephalopathy, seizures, coma, and even death. It can also cause children to have lower IQ scores and behavioral issues. * Lead stays within the body for decades, stored within the bones of the human body. * In pregnant women, lead can cross the placental barrier and cause harm to the fetus such as reduced growth and prematurity. Lead Poisoning in Infants Lead Poisoning in Infants Resources Available * Lead-Based Paint Hazard Control Program (Tucson)-Serves low-income families with children under 6 years old. 310 N. Commerce Park Loop, Tucson, AZ 85745 520-791-4171 * Childhood Lead Poisoning Prevention Program-Focuses on food, candies, Mexican folk remedies, and ceramics 150 N. 18th Ave., Ste. 130, Phoenix, Az 85007 602-364-3118 * National Resource * Web-Based......

Words: 947 - Pages: 4

Lead Poisoning

...Question 1: Lead and lead poisoning Lead is a natural metal found in the earth. Lead poisoning can occur if exposure to high levels of lead happens within a short period of time. Lead enters the body via: •Water: About 20% of lead exposure comes through water because water runs through lead pipes connected to our taps. • Air that has been contaminated • Food It enters canned food which were sealed with lead solder. •Soil: lead dust that might have settled on soil and then eaten. Lead poisoning affects more kids than adults. The largest threat to children is lead paint. Whether lead is breathed in or swallowed in, it still causes the same health problems. Problems related to overexposure of lead are, amongst others: • Constant headaches • Pains in the abdomen • Being tired all the time •Constipation • Fatigue •Forgetfulness In extreme cases, lead poisoning can lead to: •brain damage •kidney failure •cancer •seizures Very high levels of lead exposure can also be fatal. Lead is toxic to the nervous system, bones and heart. The symptoms of lead poisoning in children doesnot always show if the child has lead poisoning. It is important for educators to try and prevent lead exposure to children of all ages by putting certain measures in place. For example: •Educate learners of safe drinking habits, eg. Not to drink water from the bathroom taps, to let the tap run a little bit before drinking water, Encourage the drinking of bottled water • Ensure that equipment is well......

Words: 289 - Pages: 2

Lead

...Lead (Pb) is a malleable, ductile, heavy metal that is resistant to corrosion and is bluish-white in color but turns gray and tarnishes when exposed to air. It is a moderately active metal, dissolves slowly in water, and does not burn. It is naturally occurring in the Earth’s crust. Its abundance is estimated to be between 13 and 20 parts per million. It rarely occurs as a pure element and its most commonly found in the form of lead sulfide (PbS). Children are the most vulnerable population susceptible to the health hazards of lead exposure. They are more sensitive to elevated blood led levels, are more likely to ingest toxins due to frequent hand-to-mouth activity, and are more likely to breathe lead-contaminated dust and soil as well as fumes close to the ground. Increased lead levels in pregnant women may pose risk to the developing fetus. Low lead levels that may harm the fetus and cause neurological problems in newborns may not present risk to the mother. Women may also store lead in their bones from prior lead exposure that can be released during times of calcium stress such as pregnancy and lactation. Elevated lead levels in pregnant women pose an increased risk of preterm labor, miscarriage, spontaneous abortion or still birth, and low birth weight. Other major at risk populations include adults whos occupations are in lead-related industries including lead smelting, refining, and manufacturing industries. People who participate in......

Words: 984 - Pages: 4

Connect, Then Lead

...Connect, Then Lead I think a leader, no matter which level. Whether you are one of the team's founder, or switched to a new team, should understand one thing: if you want your team longer be able to gather around you, and be able to follow your instructions to do something, do not over-rely on their own power. First, leaders should be able to output their values. As a leader should guide and help other members of the team grow. Play the role of spiritual leader. Team leaders need to establish a positive good atmosphere, so as to gradually make the team coordination. Team set up by the same values tend to be more ties to withstand the test of time and difficulties, and capable of forming motivation to succeed. Secondly, leaders should give employees due respect. Leadership should be equitable treatment of other members of the team, not because of his power generated arrogant mood. Leadership and staff just different jobs and different responsibilities and powers. A leader only enough respect to employees, Employees will also respect you and work for you. Third, we should be able to work reasonable planning, distribution of tasks. Resources are limited, the staff is limited, the staff's energy is limited. Leadership assigning tasks, staff work hard. But finally you find that 10 working arrangement only a sense, the rest is useless, meaningless or even all, repeat after a few nobody will take seriously your work arrangement. Some might say that, as a leader have to......

Words: 409 - Pages: 2

Lead Poisoning

...Why is it important? * Lead is harmful to child’s brain. It affects child’s behavior, development, ability to learn. Little kids are at higher risk for lead poisoning because they like to chew on objects and to put everything in the mouth. * Just a few particles of dust from lead-based paint are enough to poison a child (LeadFreeKids.org 2015) Why is it important? * Lead is harmful to child’s brain. It affects child’s behavior, development, ability to learn. Little kids are at higher risk for lead poisoning because they like to chew on objects and to put everything in the mouth. * Just a few particles of dust from lead-based paint are enough to poison a child (LeadFreeKids.org 2015) LEAD POISONING LEAD POISONING References: McKinney, E. (2005). Maternal-child nursing. St. Louis, Mo.: Elsevier Saunders. California Department of Public Health,. (2007). Simple Steps to protect your Child from Lead. Retrieved 13 December 2015, from http://www.cdph.ca.gov/programs/CLPPB/Documents/CLPPB-SimpleSteps(E).pdf Leadfreekids.org,. (2015). Leadfreekids.org. Retrieved 13 December 2015, from http://www.leadfreekids.org/ Vivier, P. M., Hauptman, M., Weitzen, S. H., Bell, S., Quilliam, D. N., & Logan, J. R. (2011). The important health impact of where a child lives: Neighborhood characteristics and the burden of lead poisoning. Maternal And Child Health Journal, 15(8), 1195-1202. doi:10.1007/s10995-010-0692-6 Dewalt, F. G., Cox, D. C.,......

Words: 1165 - Pages: 5

DUSK TILL DAWN - Zayn ft. Sia | Kirsten Collins, Blake Rose, KHS Cover | Roderick Hill | Oldboy (Movie)