Philanthropy Business Case Study
Added on 2020-04-01
13 Pages3787 Words33 Views
Philanthropy Case Study 1PHILANTHROPY CASE STUDYNameThe Name of the Class Professor The Name of the School The City and State where it is located
Philanthropy Case Study 2Executive SummaryThe paper examines the case study and the issues discussed therein to answer the questions stated underneath. The focus is placed on the philanthropy acts by Carlos and the extent to whichthey have supported or related to the success of his business. Several issues are discussed rangingfrom the case illustration and the explanation of the fact that justifies the responses given. Further, the paper explores the leadership styles expressed in the case study and different forms used by Carlos Slim. The understanding toward the several approached explored is outlined about the practice of management. Thirdly, it looks into the motivation in place for the employees to follow a leader. Here, it looks at the examples in the case to provide a correlation and develop an understanding of the connection to the business empires developed. Lastly, it looks at the different powers enjoyed by Slim and their respective sources as well as the extent towhich they assist or are used by the businessman.
Philanthropy Case Study 3TABLE OF CONTENTSPart 1ETHICAL ASPECT OF PHILANTHROPY...............................................................................4Part 2 LEADERSHIP STYLES..............................................................................................................6Part 3MOTIVATION.............................................................................................................................7Part 4 TYPES OF POWER......................................................................................................................9CONCLUSION ...........................................................................................................................11REFERENCES ............................................................................................................................12
Philanthropy Case Study 4Question 1(philanthropy)Slim explored a different type of philanthropy which helped individuals while at the sametime making oneself productive in the business empire. The design of philanthropy examined notonly focused on enriching and bettering the lives of people, but also stretched to the continuationof his business through the same acts of welfare (Raymond 2004). The billionaire’s giving revolved around his leadership style which placed a focus to the mix of well-being and enterprise. For instance, he decided to support the internet service provider company belonging to his son in law which reported very little subscribers due to the small ownership of computers at the time in the country.In this respect, he developed a scheme that enabled individuals on low wages, who formed a majority of the population to own computers, whose payment was made alongside theirtelephone bills in two-year duration. Eventually, in ten years, the company became the largest seller of computers with a record of 3000 sales a day being recorded. While the initiative to develop the scheme of upgrading the welfare of the low-wage income earners was noble and philanthropic, it did not go without rendering profits to both the internet service provider company and Slim’s company that sold the computers in high numbers. At the same time, Slim rewards his employees through education, training, and development by supporting them financially towards the desired goals in life. However, the kind of philanthropy is a two-edged one in the sense that the education and training offered returns to the benefit of his business empire through increased performance. The training and education assist the workers in dealing with the daily issues at the workplace and the use of technology in boosting success while minimizing losses in business (Ohman, Douglas, Dean and Ginsburg 2016). The money spent out to the events becomes a benefit to his business.
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