Past Experiences and Present Situation Personal Statement

Past Experiences and Present Situation - Personal Statement Example In almost all the cases the rivals belong to one and the same group and community. Somehow, the individuals having experience of living and interacting with different people and cultural environment are in a position to adjust in every atmosphere; the same is applied to me. Since the nature of my father’s job demanded to settle down at different places, I also had to move along with him in various cities of my country. Hence, I sought education from three different cities, during which I came across the people having divergent family and cultural backgrounds. Somehow, my active participation in the curricular activities and unflinching co-operation with the fellow-students during classroom discussions, library consulting, group-participation, giving vent to ideas during examination preparations and others made me a popular student of all the educational institutions I attended during the course of time. Additionally, my keen interest in extra-curricular activities including debates and speeches, sports and games and long-tours and trips also proved me as a flexible and amiable person in the eyes of others. I had been the football player for the last many years at school and college levels and played at different positions in the playground. The sports made me learn patience, endurance, tolerance and respect for others even after winning or losing the game. During the sports, I experienced fluctuation of moods and several other pleasant and unpleasant situations; however, my patience and efficiency always supported me.

Sports and Entertainment Management Case Study Example | Topics and Well Written Essays - 750 words

Sports and Entertainment Management - Case Study Example Both companies had huge fixed costs to cover and working in their own capacities was proving insufficient to cover those costs. The decision to merge was brilliant as far as the financial performance is concerned. However, there were a myriad of issues to be dealt in this concern which were not easy to negotiate. Firstly, this was an undeniable fact that the two companies had been in a bitter competition over the past few years. There had been a feeling of animosity and it was not easy to get rid of it. Further, their policies and philosophies revolved around the same competition and their efforts had, so far, been largely oriented towards outdoing one another. Therefore, not only is there a need to merge their philosophies, there is also a need to create new philosophies according to which the amalgamated company was to work. However, the key personnel of both companies is mature enough to keep their eyes on the bigger picture. If the merger was the best solution to satisfy their pr ofit motive, they were prepared to go to the full distance. Secondly, Mark Redmond, the president and CEO of the new organization, has to make some big decisions regarding the staff. Redundant staff from both companies is to let go. At the same time, it is to be made sure that some of the staff, which is too essential to lose, is to be retained. It is natural in a merger that some employees prefer not to continue in the merged organization. It is probably because as soon as the news of a merger starts floating around, employees start a job search with more diligence than they normally do. Some of them even succeed in getting better job offers. There are certain employees that groom within a particular company and come to know about the operations of the company inside out. The element of acclimatization is too important to disregard. Such employees are too valuable to lose because new employees may come at the cost of valuable time. Further, it might take some additional cost to tra in the new employees. The merger in question is facing similar issues. They have to retain and integrate the personnel from the different companies. Integration is, of course, not an easy task either. The staffs had traditionally worked against each other and now they have to be harmonized. In this process, there is a great chance of losing momentum and having inconsistent standards. This in turn could have more adverse affects on the relationships with clients and the employees. Further complications arise when it comes to remunerations. While the remunerations at both companies for the respective staff were almost identical, XM Canada also had provisions for share ownership, options and change of control. This difference in the two companies was probably due to the fact that XM Canada was established as an independent company unlike SIRIUS Canada. This means that the remuneration scenario requires some serious decisions to create such a system in which all employees are remunerate d equally. Therefore, it can be seen that there are a lot of difficult things to manage during mergers. The companies in question belong to the field of radio broadcasting in Canada. They had significant differences in how they did their work. Their individual efforts had proved insufficient in the past and this is the primary reason of this merger. For instance, at XM Canada, the communication system was capable to develop the Canadian content for broadcast. On the other hand, SIRIUS Canada depended partly on Slaight Communications, who were also their investors, and partly on Canadian Broadcast Corporation for Canadian content. Further, XM Canada had developed and maintained its own communication and