Businesses, Non-profit Associations And Their Leaders
Today, whenever we think of management we think of corporate and business Chief Executive Officers, talking mind on political chat management, and shows gurus. There was an era when leadership meant men living and dying for his or her beliefs. While this happens occasionally today – professional military people, firefighters, police offices, and some other rare instances.
During the era of the American Civil War, Americans from the North and the South routinely died for their causes. The men who led them are after one hundred forty-five years still examples for all of us today. The men who led troops into battle – at all degrees of the military services North and South often still left careers and families to provide.
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Many senior officers on both edges had attended West Point and had gone on to profitable careers as technicians and businessmen. Others at various ranks left businesses, professional methods, or politics offices to lead men in battle. They were not looking for profit or in most cases not glory. Rather they were seeking to provide the cause they thought in. And once the stepped into those leadership roles they lived their beliefs and put their lives on the line for them every day. Similar to leading from the front, acknowledging responsibility for failing was more common, although not universally so, than among today’s market leaders. Today, market leaders generally find anyone to blame when something small or major goes wrong.
It is an uncommon thing to find leaders today to step forward and accept responsibility. Through the Civil War – lots of that time period both President Abraham Lincoln and Confederate General Robert E. Lee accepted responsibility. Lincoln accepted responsibility for failures in both the way the battle was being fought and also for guidelines that were not successful. Lee, rather than blame his subordinates, who have been credited with their talk about certainly, accepted responsibility for failures throughout the battle – after Gettysburg and at Appomattox especially. Other leaders during the war often did the same. Through a lot of the Civil War Robert E. Lee composed for his lack of items and men with cunning and aggressiveness.
His bold goes kept the Union pushes off balance and resulted in a number of victories for Lee including the Seven Days Battle beyond Richmond, Fredericksburg, and Chancellorsville. His moves in to the north led battles at Sharpsburg (Antietam) and Gettysburg. Although not Southern victories, they do provide benefits to the South but at heavy prices. The North’s aggressiveness appeared later in the War under Grant along with his promotions of 1864 and 1865 in Virginia where he never ceased waging war whatever the price in men and material.
It also appeared in the ruthless promotions of total destruction past due in the battle by Sheridan in the Shenandoah Valley of Virginia and by Sherman in his Atlanta Campaign and march to the ocean. Today among leaders in a world of committees Aggressiveness and striking goes are rare, teams, alignment, and politics correctness. We think of today as age innovation and our market leaders as the most innovative ever. In fact the Civil War was the first “modern” war from telegraph, to observation balloons, to iron warships, to troop movements by rail, to machine guns and advanced spy networks.
The leaders of the South and the North grasped every new technology and technology and applied them with their advantage. Additionally, the development was not limited to technology. While the military may have fought with muzzle loading cannons and muskets and endured cavalry charges, their leaders developed new and innovative tactics and strategies to give their armies every advantage and to win battles, campaigns, and the war. One of these is the utilization of swift moving “foot cavalry” by General Thomas “Stonewall” Jackson to get his men to where they would have to be in record time. Then boldly move his men to take benefit of the Union forces weakness through flanking actions (strike their edges).
This was most noticeable in his last battle – Chancellorsville. Other market leaders – north and south – also used development to overcome hurdles and present them any advantage on the field of battle. Today we think in terms of leaders reading claims at press meetings, annual corporate meetings, and other open public occasions. The deeds of the leaders in any way levels during the American Civil War provide illustrations for our market leaders of today and tomorrow. By better understanding their use of the invention, their command from the front, taking responsibility, aggressiveness, and integrity we can produce more effective and better market leaders for both public and private sector today and in the future. George F. Franks, III is the elected leader of Franks Consulting Group. A management executive and consulting coaching practice located in Bethesda, Maryland, Franks Consulting Group serves businesses of all sizes, non-profit organizations, and individual leaders throughout the USA. George is a member of the Institute of Management Consultants (USA).
What I am arguing is that giving even a basic notion how exchange-rate markets work and the financial forces that affect exchange rates, it is opaque how “non-manipulation” would work. Are exchange rates going to be holding steady across countries, even in the face of cross-national financial changes in interest rates, inflation, and development? A wide variety of experience, like the break down of the Bretton Woods agreement in the early 1970s and the current problems with euro, suggest that keeping exchange rates stable is impractical as time passes and can have some very bad implications. But if exchange rates will be allowed to move, the question develops of who decides when and how much then. Most national governments, after having watched the euro doing his thing especially, will want to keep some power over exchange rates.