The PrinceSlide 2Rules of the GameSlide 4Slide 10Slide 15Slide 20Applying The Prince to Today’s WorldReward and PunishmentBetter to be Feared Than LovedOutsourcing your Core CompetenciesUnderstand the Business before Making ChangesTo Please the Troops or the PeopleAbility vs. Good FortuneSmall Group Activity: Four Princes of PragmatismCONGRATULATIONS!The Prince “ It is better to be feared than loved ”James AlfordAmelia EvelandRick LeaperKaley McNayAnda ShiarlaRules of the Game•First team to hit the bell gets to answer the question first•If the first that fails to answer correctly, the opposing team gets a chance to answer the same question•A question answered correctly earns a point for that team•The team with the most correct answers wins the roundLet’s get started!!What are the top 5 of virtus? #1AbilityIntelligenceSkillCourageVigorWhat are the four types of principalities? #2HeredityMixedNewEcclesiasticalWhat are the Four types of armies described in The Prince?#3MercenariesAuxiliary TroopsNative TroopsMixedWhat are the main themes?#4Human NatureVirtueFree WillFortuneQualities of a RulerApplying The Prince to Today’s WorldReward and Punishment•“A prince will find it advantageous to resort to unusual and distinctive acts in civic matters…and whenever someone does something extraordinarily good or bad in civic life, he should reward or punish him in a manner that will arouse considerable comment.” – pg. 84•Intrinsic and extrinsic motivation•Set an example•RecSports Marketing TeamBetter to be Feared Than Loved•Do not want to be hated•Maintain power•Determine the amount of injury •Real life example –Work harder–Higher quality of work –Cautious of work ethicOutsourcing your Core Competencies•"The two most essential foundations for any state, are sound laws and sound military forces" (51) •Control should reside with the prince•“Carrot & Stick”•Don’t outsource activities from which you gain a competitive advantage•Summit Information SystemsUnderstand the Business before Making Changes•Observe and evaluate the culture•Changes should be gradual•Personal example•HP example – Carly Fiorina–Did not adapt to the cultureTo Please the Troops or the People•How do you define Troops and People in a corporate environment?• Are the troops the employees and the people your customers? If so who is more valuable to the well-being of the corporation? You need both. •Are the troops the employees and the people your shareholders? Who is the prince, the CEO?•If the troops are the employees and the people your customers how do you keep both happy?•What do good companies do to keep both happy? •SWA & CostcoAbility vs. Good Fortune•Fortune: Didn’t earn it, so may not deserve it•Ability:Harder to get power; easier to keep itActed on opportunityMost successfulSmall Group Activity: Four Princes of PragmatismCONGRATULATIONS!Congratulations! You are 1/6th of the way to your
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