Senior Seminar- Assignment #8

By 10:00 AM on Tuesday, October 9th your group is responsible for answering all the questions at the end of the case, "Plane Wreck: The Airline Industry in 2001-05." The first person in your group should post his/her answer to any one (or more) of the questions. Subsequent entries from your group should address the remaining questions in any order under COMMENTS to the first person in your group to post. For groups with less than 5 members, some members will need to address more than one question. Label your posts: Plane Wreck- Question #_- your first and last name.

My Reaction to Tip #4- Jason Grier

Depending on the circumstances, it depends whether or not the CEO is paid when he or she is fired. There can be many different reasons why someone can be fired and some are minor that deserved to be paid and then there are the cases that are major and without a problem or lawsuit the people should not be allowed to be paid. The CEO's should be able to be fired and they should not be able to do anything about it.

My Reaction Tip to #7-Ryan MacKinnon

7) Link all long-term incentives to performance goals.

In all my management classes all I have been doing is making goals before the semester begins. It is the most important tip in my eyes because without making performancing goals who knows where the company should be going. Once you make the goal "official" make sure its not out of reach and its a goal that is reachable. If you go above and beyond the goal like GE did then employees deserve incentives. Whether it goes from a pay raise, promotion, extra vacation/sick days etc. When an employee achieves a goal then they should be rewarded so they will keep it up and want to come to work and perform their tasks and meet the goals of the company.