Why do Successful Companies Fail

Why do Successful Companies Fail Why do Successful Companies Fail? Essay: Why Do Successful Companies Fail? Introduction The most important thing any business should get motivated to is the ability to make profits. If the business is not directed to reaching that goal, it heads to fail. If the business is directed to make that move, it should concentrate on the things that make it raise profits. Every successful business has goals, vision, mission and strategies to drive it to the goals and achievements (Zoss). If the business changes its organization culture, it will finally fail to acclimatize to the new culture and fail. Abandoning the set plan to help the company achieve its goals is the surest way to make the company fail because the plan has the conventions that drive the business. In the plan, many factors are considered from the top management to the subordinates (Adams 24). The employees are the instrument that help the business achieve its goals. If they are not respected, they will be not motivated and stop being assertive to work for the achievement of the company. Lack of team work in the business means that there is disintegration and people are not focused in achieving one goal. Most of the companies stagnate because the feel contented about their position sand fail to work harder and fail to expand their clientele. This results to unachieved goals in the business (Zoss). If the leaders do not delegate duties, they get overwhelmed by work and this slows the speed of achieving the goals in the company hence the failure of the business. Authoritative leadership with not delegation only overworks the head and leads to the employees becoming negatives about the management. This slows the rate of achievement hence a failed business (Adams 25). High turnover of workers is an indication that they are not contented with the company management. They resign and, the business trains other workers. Before the new employees understand the rule of the company, there is a slowed rate of achieving targets which may lead to a failed business. Businesses which do not have mechanisms of checking their achievements through strategic management end up failing because there is laxity when employees are not monitored. Rewarding the employees motivates them because they feel as stakeholders rather than instruments of achieving goals in the company (Zoss). If this is not done, employees fail to deliver their all and bring down the company to non performance. It is a gradual process where targets are not reached and, it transcends to truancy of employees and finally underachievement which leads to the collapse of the business (Adams 25). Failure to consult experts in business is one way that leads the business to fail because it is difficult hard to operate a business with orthodox strategies in the wave of globalization. If a business does not embrace technology, for instance use of the World Wide Web, it is bound to fail due to the competition in the market. Encouraging fraudsters in the business make the company lose a lot of money which affects the running capital (Adams 24). It is imperative to treat strangers with the utmost care for one never knows what they might do. If a business does not have a SWOT analysis, it is difficult to know the strengths, weaknesses, opportunities and threats in the market and business. This leads to blind operations without a specified goal to achieve. This leads the company to gradual collapse because it does not move in any given direction (Zoss). You can get custom essay writing help from our professional writing service. Our writers will write a custom paper on any Business topic for you!

1987 Nobel Prize in Physics

1987 Nobel Prize in Physics The 1987 Nobel Prize in Physics went to German physicist J. Georg Bednorz and Swiss physicist K. Alexander Muller for discovery that certain classes of ceramics could be designed that had effectively no electrical resistance, meaning that there were ceramic materials that could be used as superconductors. The key aspect of these ceramics is that they represented the first class of high-temperature superconductors and their discovery had groundbreaking effects on the types of materials that could be used within sophisticated electronic devices Or, in the words of the official Nobel Prize announcement, the two researchers received the award for their important breakthrough in the discovery of superconductivity in ceramic materials. The Science These physicists were not the first to discover superconductivity, which had been identified in 1911 by Kamerlingh Onnes while researching mercury. Essentially, as mercury was reduced in temperature, there was a point at which it seemed to lose all electrical resistance, meaning that electrical current count flow through it unimpeded, creating a supercurrent. This is what it means to be a superconductor. However, the mercury only exhibited the superconducting properties at very low degrees near absolute zero, around 4 degrees Kelvin. Later research in the 1970s did identify materials that exhibited superconducting properties at around 13 degrees Kelvin. Bednorz and Muller were working together to research the conductive properties of ceramics at an IBM research laboratory near Zurich, Switzerland, in 1986, when they discovered the superconducting properties in these ceramics at temperatures of approximately 35 degrees Kelvin. The material used by Bednorz and Muller was a compound of lanthanum and copper oxide that was doped with barium. These high-temperature superconductors were confirmed very quickly by other researchers, and they were awarded the Nobel Prize in Physics the following year. All of the high-temperature superconductors are known as a Type II superconductor, and one of the effects of this is that when they have a strong magnetic field applied, they will exhibit only a partial  Meissner effect  that breaks down in a high magnetic field, because at a certain intensity of magnetic field the superconductivity of the material is destroyed by electrical vortices that form within the material. J. Georg Bednorz Johannes Georg Bednorz was born on May 16, 1950, in Neuenkirchen, in North-Rhine Westphalia in the Federal Republic of Germany (known to those of us in America as West Germany). His family had been displaced and split up during World War II, but they had reunited in 1949 and he was a late addition to the family. He attended the University of Munster in 1968, initially studying chemistry and then transitioning into the field of mineralogy, specifically crystallography, finding the mix of chemistry and physics more to his liking. He worked at the IBM Zurich Research Laboratory during the summer of 1972, which is when he first began working with Dr. Muller, head of the physics department. He began work on his Ph.D. in 1977 at the Swiss Federal Institute of Technology, in Zurich, with supervisors Prof. Heini Granicher and Alex Muller. He officially joined the staff of IBM in 1982, a decade after he spent the summer working there as a student. He began working on the search for a high-temperature superconductor with Dr. Muller in 1983, and they successfully identified their goal in 1986. K. Alexander Muller Karl Alexander Muller was born April 20, 1927, in Basel, Switzerland. He spent World War II in Schiers, Switzerland, attending the Evangelical College, completing his baccalaureate degree in seven years, starting at age 11 when his mother died. He followed this up with military training in the Swiss army and then transitioned to Zurichs Swiss Federal Institute of Technology. Among his professors was renowned physicist Wolfgang Pauli. He graduated in 1958, working then at the Battelle Memorial Institute in Geneva, then a Lecturer at the University of Zurich, and then finally landing a job at the IBM Zurich Research Laboratory in 1963. He conducted a range of research there, including serving as a mentor to Dr. Bednorz and collaborating together on the research to discover high-temperature superconductors, which resulted in the awarding of this Nobel Prize in Physics.