Marketing Banking Services In Bangladesh †Myassignmenthelp.Com

Question: Discuss About The Marketing Banking Services In Bangladesh? Answer: Introducation Banking services in Bangladesh is characterized as a highly competitive and highly regulated sector. Bangladesh has a good number of banks which are in operation indicating that the banking sector in the country is growing to be competitive day by day(Kathuria Mezghenni Malouche, 2016). With the global sabotages in the banking sector, the banking business organization are moving towards developing new products and services to meet the growing market and customer demands(Burg, 2006). However, the significant amount of regulations provided by the Bangladesh Bank avert the introduction of new products into the market. Moreover, the recent trends indicate that operating banks in Bangladesh are shifting from providing vanilla banking products to higher valued product and services, these new services are expected to meet the market demands as it allows the company to gain a market competitive advantage(Armstrong, Kotler, Harker, 2015). The involvement of banking sector in various financial events in Bangladesh is increasing every dawn making the country to be a business hub in the region. As the demand for financial services is increasing every day, the banking business organization are coming up with innovative ideas that result in new banking services and products. Since Bangladesh is a developing country, banking organizations are innovatively moving towards serving in a competitive field where all the banking organization is looking for better services and opportunities to provide to the customers(Babin Zikmund, 2015). Banking Sector in Bangladesh is one of the major key sectors that has contributed to economic development. The banking sector in the country is made of several existing and new market enterers to the market, the sector comprises four major categories of banks they include, Nationalized Commercial Banks, Specialized Banks, Private Commercial Banks and Trans-National Banks(Burg, 2006). The four categories of banks have played a vital role in the Bangladesh financial sector. Bangladesh Bank is the central bank that provides principal regulations to the banking sector in the country. Commonwealth Bank Commonwealth Bank of Australia is an Australian multinational bank started in 1911 by the Australian Government under the Commonwealth act of 2011. In 19120 to 1960, the bank operated as the principal central bank of Australia, the Australian Stock Exchange Markets later listed it in 1991(Grant, 2016). In 1996, Commonwealth Bank was fully privatized and decided to segment its operation and now operates in Asia-Pacific Regions. In 2016, the Commonwealth Bank of Australia reported revenues of AUD$24.58 Billion. Due to its growth, the organization has a focus to expand its market to Bangladesh that is now a growing business hub for the banking industry. Banking Industry analysis in Bangladesh An industry analysis is a market strategy that is used by a business organization to determine if they could want to enter products or services to a new market. The top executive of an organization has the mandate of carefully analyzing several elements of industry in order to determine the scale of operations in a new market(Armstrong, Kotler, Harker, 2015). The banking sector in Bangladesh grew since it the country independence in 1971, the government legalized all the banking organization that existed in the country. As the country economy is growing new banking organization started entering into the market(Kathuria Mezghenni Malouche, 2016). The government of Bangladesh has created favorable surroundings for the personal banking sector, which attracts many buyers to make investments in the financial market. Bangladesh has been doing thoroughly in private sectors in recent years(Molnr Lendvay, 2016). Previously handiest government banks were right here to serve the financial wishes of clients, but now varieties of services are offered by commercial banks which have been not viable before. Financial help is very important to develop all of the sectors that can be furnished via the relevant financial institution of Bangladesh. Central bank boosts industrial banks to finance increasingly within the agricultural sectors, prescribed drugs sectors. Government puts stress on these banks to provide loans to the Small business organization and individual persons. Business environment The business environment is defined as all the internal and external business factors that affect how a business function, including employees, management, supply and demand, business regulation and customers. Examples of business environment comprise the process of satisfying the customer demands in a particular market and political issues affecting the business functions(Nurse, 2016). PESTEL Analysis of Commonwealth Bank in Bangladesh PESTEL analysis is a business tool that is used to determine the external macro-environment that affects the all the business industries including the banking sector. PESTLE is an acronym of Political, Economic, Social, Technology, Environmental and Legal factors(Craig Douglas, 2005). Political factors Bangladesh is a country that has created a favorable business environment. The country has a strong political stability, the stability of a country acts as the foundation of a business environment. Commonwealth Bank should consider the political stability of Bangladesh. Economic factors The economic factors comprise the aspect that affects the economic growth of an organization. They entail the issues such as monetary policies, trade policies, and future trade agendas. The main objective of Central Bank of Bangladesh is to emphasize sustainability of economic and price stability. The Central Bank has presented a monetary policy framework that has created a greater resilience to the market this has allowed a business organization to achieve their desired goals and objectives. The Commonwealth Bank management should consider the economic factors such as trade policies, and monetary policies installed by the principal central bank(Grant, 2016). Social factors Social factors are those business aspects that relates to the way the people in the different market are living and their perception of a particular business. Bangladesh is a country that allows his citizens to get access to banking services, especially to young aged citizens who are believed to be vibrant and energetic economic pilots. Commonwealth Bank should advocate the element introducing banking products that will favor the social affairs of the Bangladesh citizens(Amin, Asadullah, Hossain, Wahhaj, 2017). Technology factors Bangladesh is a developing country with improved road networks, airlines transportations, and railway services. The developed transport infrastructure indicates that the country is well versed with new technological advancement in all the business industries including the banking sector. The should enter into Bangladesh banking industry with new technology in order to gain a competitive business advantage in the market(Mathews, Bianchi, Perks, Healy, Wickramase, 2016). Environmental factor The Commonwealth Bank should major introduce new administrative approaches of working with the Bangladesh government in protecting the environment. By being part of good environmental ambassadors, the bank is able to improve its reputations and gain loyalty from the government(Craig Douglas, 2005). Legal factors Legal factors consist of new laws and regulations that are introduced by the government. All business organization, including the Commonwealth Bank, should conduct business activities that are not above any principle of law. Market analysis Market analysis is explained as the process of understanding the market dynamic a particular business industry, it is described to be the attractiveness of the market to a particular business industry(Babin Zikmund, 2015). The market analysis is the primary strategic management approach that should be considered by any business organization, national companies including Commonwealth Bank should ensure that they implement on the substantial market analysis measure, which will steer toward accomplishing their mission and vision statements(Armstrong, Kotler, Harker, 2015). In understanding, the concept of regional business market analysis represents the vital information that involves conceptualizing different crucial aspects that affect the regional marketing decisions. The market analysis measures and framework should focus on the market size of Bangladesh banking industry as well as related aspect such as GDP and country economic growth of the country(Nurse, 2016). Competitive Analysis The competitive analysis of Commonwealth Bank in Bangladesh should focus on the process of providing banking portfolios that meet the growing market. The bank should consider facilitating competitive banking services that are accepted by a large-scale market. The company should contribute to the neutralization of concentrated market which is full of competitors such as Uttara Bank, Islamic Bank of Bangladesh and NCC Bank(Al-Ansaari, Bederr, Chen, 2015). Organizational Analysis While the Commonwealth Bank is a leader in the market, the most important aspects they need to consider is to provide quality banking products and services that are relevant to the market. customers are the main stakeholders for the company, they should be provided with quality bank products such as educational loans, real estate, mortgage, overdraft, and commercial. The bank should provide services such as online banking service, Inbranch services and card services(Andaleeb, Rashid, Rahman, 2016). SWOT Analysis SWOT analysis is a useful strategic management tool that is used by top organizational management to primarily identify and understand the strengths, weakness, opportunities and the threats that might affect operations of the business venture(Culp III, Eastwood, Turner, Goodman, Ricketts, 2016). Strengths Commonwealth Bank should take the credit on strengths that they have in the market. Since its inception in Australia, the bank is listed as the leading bank in the banking industry. The bank also has a well-diversified credit portfolio. Technology is an essential aspect that has contributed to the bank development, the bank has the emphasis on technology development. It has robust financial position and rations(Armstrong, Kotler, Harker, 2015). Weakness Commonwealth Bank is considered to be having a high independence of offshore borrowing. One of the major factors that affect the operations of Commonwealth Bank is the limited geographical diversity and the increased operating expenses(Culp III, Eastwood, Turner, Goodman, Ricketts, 2016). Opportunities Commonwealth Bank has a high expansion into different markets in the world-banking sector. The bank is also advocated to introduce the Customer Assistance Line in Bangladesh during their operations(Bryman Bell, 2015). Threats Bangladesh government has introduced the measure of phasing guarantees that are given to the operating banks in the country. However, the bank should expect business pinch from the fragile business environment in Bangladesh and Asia- Pacific Region. Conclusion Commonwealth Bank is reported to be a banking organization that has segmented its operation to different market in the world, including Bangladesh which a growing business hub for different business sectors. The bank provides services and products that are considered to meet the growing market. The organization has consider the essence of conducting the market research, conducting the marketing research allows the company to identity the demand and supply in the market allowing the company to provide quality services that meet the customer demands. SWOT and PESTEL analysis tools are the strategic management tools that the organization is advocated to consider they enter into new markets, including Bangladesh. References Al-Ansaari, Y., Bederr, H., Chen, C. (2015). Strategic orientation and business performance: An empirical study in the ASIA context. Management Decision, (Vol. 10). Amin, S., Asadullah, M. N., Hossain, S., Wahhaj. (2017). Eradicating Child Marriage in the Commonwealth: Is Investment in Girls Education Sufficient?. The Round Table, 106(2), 221-223. Andaleeb, S., Rashid, M., Rahman, A. Q. (2016). A model of customer-centric banking practices for corporate clients in Bangladesh. International Journal of Bank Marketing, 34(4), 458-475. Armstrong, g., Kotler, p., Harker, m. (2015). Marketing: an introduction. Pearson Education. Babin, B. J., Zikmund, G. W. (2015). Essentials of marketing research. Nelson Education. Bryman, A., Bell, E. (2015). Business research methods. Oxford University Press, USA. Burg, C. (2006). Global Brand Marketing Inc., Footwear upper. U.S. Patent D515,299. Craig, C. S., Douglas, S. P. (2005). International marketing research. :. Chichester: John Wiley Sons. Culp III, K., Eastwood, C., Turner, S., Goodman, M., Ricketts. (2016). Using a SWOT Analysis: Taking a Look at Your Organization [2016]. Goncharuk, A. (2016). Banking Sector Challenges in Research. Journal of Applied Management and Investments, 5(1), , 34-39. Grant, R. M. (2016). Contemporary Strategy Analysis Text Only. . John Wiley Sons. Kathuria, S., Mezghenni Malouche, M. (2016). Attracting Investment in BangladeshSectoral Analyses. Washington, DC: World Bank. Mathews, S., Bianchi, C., Perks, K. J., Healy, M., Wickramase. (2016). Internet marketing capabilities and international market growth (Vol. 4). International Business Review. Molnr, M., Lendvay. (2016). POSSIBILITIES TO IDENTIFICATE ACTION POINTS IN ECONOMIC DEVELOPMENT OF LOCAL MANAGEMENT. Journal of Management, (1), 28. Nurse, K. (2016). The Diasporic Economy, Trade and Investment Linkages in the Commonwealth. Commonwealth Secretariat.

Lenins April theses Essay Example

Lenins April theses Paper The twentieth century has been overshadowed by a clash of two ideologies, both representing a social, political and economic world order; one of the existing capitalist system, the other of revolutionary socialism. In April 1917 Vladimir Lenin, a revolutionary Marxist activist, writer and thinker, issued a series of directives on return from exile in an effort to subvert the energy of a revolution towards an uncompromising monolithic channel, famously known as the April Theses. This thesis influenced a further revolution in October by a coup detat establishing the Bolshevik party in power. This revolution established the worlds first Communist state, based on the ideas and theories of Karl Marx; challenging the existing capitalist status quo of the west. Becoming, further a catalyst and inspiration for socialist, as well as non-socialist movements across the globe. However, from its outset creating an ambiguous character, on the one hand utopian in nature, but on the other, tainted with the hallmark of authoritarianism and false premise1 From the latter half of the nineteenth century Russia saw large unrest2. Further, newly found social, political and economical moods, of mixed character began prevailing3, threatening the existing autocratic rule of the Tsar. Along with liberalism, anarchism, and conservatism, new ideas of socialism and change began to show colour. Years of unrest eventually lead to the abdication of the Tsar in 1917, followed by a power struggle. Although a provisional government was established, lead by Gregory Lvov4, in reality a dual power had emerged. One of the Soviet5 and one of the Duma6; the former the voice of the workers and peasants, and the latter representing society7, with a make-up of moderate socialists and liberals, operating with at least the passive approval of the Soviet8. We will write a custom essay sample on Lenins April theses specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Lenins April theses specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Lenins April theses specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Vladimir Lenin had inspired the creation of the Bolshevik party, with his pamphlet what is to be done? . He was ideologically a radical Marxist revolutionary, on return from exile he issued his theses, primarily to the Bolshevik party, taking into account the mood of the country; he called for all power to the soviets. He condemned the provisional government and urged no support for it, for it was bourgeois, deceiving the masses, calling the war9 imperialist. The war had largely been accepted as a means of defence, even within the socialist ranks. The Bolsheviks differed from the Cadets, Mensheviks and SRs, who had been to the left, but with the fall of the tsar, they had taken on the role of heirs11. Lenin argued for a revolutionary defeatism12. Instead he called for state power to be passed to the proletariat and poor sections of the peasants13; breaking from capitalist interests, as well as all annexations14. Describing the present period as a transitional stage, which was due to the shortcomings of the class conscious proletariat. Who allowed power to be at the hands of the bourgeois, foretelling a transition of power to the proletariat. Lenin recognised the established rights structure. The provisional government had pioneered a structure of rights and liberties for the first time in Russias history, but the agrarian question had been postponed15, to which Lenin became an opportunist. Indeed Lenins doctrine of a class struggle and the idea of democracy as nothing more than a smoke screen lead him to banishing the idea of parliamentary republic, which he called would be a retrograde step; the only acceptable form of government would be a union of soviets. In reality the bourgeoisie had tried to master democracy by associating with it and taking charge of it16. Lenin demanded the dismantlement of the state structure and bureaucracy; something he later did, with the creation of his own secret police, the cheka and the red terror campaign. Ironically he had called for this as a utopian alternative, to the existing system he would have the masses envisage. In agrarian policy he called for a shift in emphasis, all landed estates should be confiscated and put at the disposal agrarian soviets under nationalisation, as well as the nationalisation of all banks. Lenin was a proponent of Hilfedings concept, who believed that control of the chief banks in the country would make it possible to regulate the economy17; although he realised its inadequacies, and introduced the NEP once in power. He further introduced the concept of socialism, a central theme in Marxs ideas, calling not for its immediate introduction, but only in order to control production and distribution. He ended his speech with several party tasks, a change in the partys name and an international outlook. Unlike Stalin later, who would advocate socialism in one country, Lenin believed in an international idea of socialism which would overthrow capitalism; and for some time saw passive socialist movements across Europe. Although kalinin was of the opinion nothing was new in Lenins theses, from that of an earlier party manifesto, Lenin did however add firm direction. Until this point many senior Bolsheviks were opposed to radical change, including, Stalin and Kamenev; he had a powerful drive with an obsessive belief in revolution18. Lenin promised Peace, bread, land and workers control,with slogans of all power to the soviets; the prospect from escaping from the deadlock of a powerful state became too irresistible in the social and political dynamic of Russia. All hopes of a democratic system thus became a far reality, as the Petrograd Soviet would begin to gain popular support and authority19. The fact that Russia had failed to make sufficient progress, economically, politically and socially became all too apparent. Further, the provisional governments coalition began to expose differences on key issues such as the economic system, land and the workforce. The years to come saw the fall of the provisional government, with the Bolsheviks taking control followed by almost three years of civil war, with the other factions taking arms up against the Bolsheviks. Lenin showed no regard for his fellow citizens, mercilessly crushing any opposition. Marxist theory of the withering away of capitalism, the idea of the pheasants as conservative class hardly fitted Marxist theory. Lenin had to re-write his revolutionary script to fit backward Russia into a revolution before the West, and give the large majority of the peasants a role20, as well as the soldiers, whom he needed for vital support. Although Carr21 describes him as self conscious, it seems he was obsessed with ideology in pursuit of a utopian society, periodically becoming pragmatic, realising Marxist theories and the economic works of Hildferding as inconsistent .As Valentines memoirs suggest a man with much personal charm, but with narrow intellectual horizon22. He laid down instead a foundation for authoritarianism, which would continue for decades to come. The communist state represented the opposite of political thinking to the west (although adopting socialist elements), Marxist-Leninism claimed universal validity, inspiring revolutionary activity universally, and so a challenge to the west; the Berlin wall, eventually becoming a visible polarization. However with the fall of the USSR, and its former members reversal from friend to foe, clearly highlights the triumph of capitalism and western democracy. Bibliography Carr, E. H. The Russian Revolution: From Lenin to Stalin 1917-1929. Hampshire and New York: Palgrave Macmillan, 2004. Coates, T (editor). The Russian Revolution 1917. Norwich: stationary office. 2000. Gaida, F. A. Revolution, power, and the Bourgeoisie. Russian Studies in History. 2003, vol.41(no 4),p 9-30. Hosking, G. Russia and the Russians. London: Penguin, 2002.

SAT Collegeboard Essay Samples

SAT Collegeboard Essay SamplesA Sat collegeboard essay sample is ideal for students who are trying to get their essays to the top of the pile when they submit their essays to university admissions officers. Since the college board is an online system, students can use a free collegeboard essay sample to help them get a piece of scholarship money or aid money.Because you cannot be graded on an essay alone, most schools require essays to be written from start to finish. You cannot even count on an essay to be made up of facts and figures. Essays will have to be based on facts and figures so that the scores that a student's grade falls are based off of both quality and quantity.Most colleges offer samples of essays that are already edited, read through, and marked. Therefore, the college board will already know what the student can expect. With SAT collegeboard essay samples, students will only need to print them out and then edit them. Once they have made their edits, they can upload t hem onto the SAT college board to submit to the admissions office for grading.Students have to keep in mind that SAT collegeboard essay samples are not always from the same writers. Therefore, there are a lot of different influences on a student's writing. Therefore, when a student is trying to get his or her essay published, they need to pick the best editor.In order to pick the best editor, a student should choose the student who can write a piece that has plenty of theses and conclusion. If a student has a student in mind that fits this description, then he or she should ask the student to send them an outline. When the student writes an outline, the student should ensure that the student has already done the typesetting process and copyediting. The student should also ensure that the student has access to all the materials that the student will be using.With the student receiving a list of names, the student should then interview the student and the students that the student pla ns to interview. The interviewees should then be asked about their editing process, anything that they would do differently if given another chance, and other feedback that the student could possibly receive.When writing SAT collegeboard essay samples, students must use their own minds. When doing this, a student should try to ask questions, so that they can see what the editor needs to do. After editing the essay, the student should then submit it for the college board to review.

MGT499-Module 5 Case

MGT499-Module 5 Case STRATEGIC MANAGEMENT: STRATEGIC CHOICES AND IMPLEMENTATIONTrident UniversityMrs. Carmen M. PÂÆ'Â ©rez-De La MattaModule 5 - CaseMGT499 - Strategic ManagementProfessor: Dr. Alan PreizerOctober 1, 2014Case AssignmentStrategic Choices at Harley-Davidson Motor CompanyTo complete Module 5 Case Assignment, read the information in the background material, look for more information and review some of your previous readings for this class, and then write a 4- to 5-page report for your professor and the executives of H-D Corporation by answering the following questions:What strategy (or combination of strategies) did Harley-Davidson use to become such a successful organization?To what extent has Harley-Davidson's strategy (or combination of strategies) changed over the years, or been constant?How does Harley-Davidson's strategy (or combination of strategies) "fit" with the environment of the motorcycle industry?How does Harley-Davidson's strategy (or combination of strategies) "fit" with the internal resources and competencies of the firm?Based on your analysis and findings, what would you recommend to the executives of Harley-Davidson Motorcycle Corporation?Note: Reports/assignments will not be accepted without proper citations and references.The 1490cc HD engine. Rubber mounted.Use the sources from the background material together with the sources you find on your own.This paper should include: An introduction stating the thesis, position, or central theme of your paper, a main body focusing on the key assignment specifications, and a conclusion concisely stating the main points of your analysis and the conclusions you reached.IntroductionHarley-Davidson has been a major U.S. motorcycle manufacturer and the leading seller of heavyweight models not only in the American market but it also operates globally, with sales mostly in North America, Europe, Asia/Pacific and Latin America. For Harley-Davidson has been crucial to create business strategies in assuring the compa ny succeeds in a diverse competitive targeted consumer market place. This paper...

A Selection of Special Birthday Wishes

A Selection of Special Birthday Wishes When you receive a birthday card, is it the card or the birthday message inside that brings a smile to your face? Usually, its the message of the sender that makes the card special. So how can you make your birthday cards to friends and loved ones memorable? Store bought birthday cards are OK if you dont know the person that well, but they lack the personal touch.   A birthday card with a personalized message shows that you care, and demonstrates personal effort rather than settling for an off-the-shelf product. Birthday Quotes by William Shakespeare To me, fair friend, you never can be old. For as you were when first your eye I eyed. Such seems your beauty still. Have you not a moist eye, a dry hand, a yellow cheek, a white beard, a decreasing leg, an increasing belly? Is not your voice broken, your wind short, your chin double, your wit single, and every part  about you  blasted with antiquity? With mirth and laughter let old wrinkles come. Birthday Quotes From Singers Frank SinatraMay you live to be a hundred and may the last voice you hear be mine. Madonna Women, generally, when they reach a certain age, have accepted that they’re not allowed to behave a certain way. But I don’t follow the rules. I never did, and I’m not going to start. Birthday Quotes From Writers Anne Lamott The worst part about celebrating another birthday is the shock that youre only as well as you are. Lewis CarrollThere are three hundred and sixty-four days when you might get un-birthday presents and only one for birthday presents, you know.Annie DillardIt is ironic that the one thing that all religions recognize as separating us from our creator, our very self-consciousness, is also the one thing that divides us from our fellow creatures. It was a bitter birthday present from evolution. Wilson MiznerThe first hundred years are the hardest. Janet EvanovichRomance novels are birthday cake and life is often peanut butter and jelly. I think everyone should have lots of delicious romance novels lying around for those times when the peanut butter of life gets stuck to the roof of your mouth.Anne LamottSome people wont go the extra mile, and then on their birthday, when no one makes a fuss, they feel neglected and bitter. Birthday Quotes from Celebrities Muhammad Ali A man who views the world the same at fifty as he did at twenty has wasted thirty years of his life.Buddy ValastroCakes are special. Every birthday, every celebration ends with something sweet, a cake, and people remember. Its all about the memories.Chili DavisGrowing old is mandatory; growing up is optional.Tom WilsonWisdom doesnt necessarily come with age. Sometimes age just shows up all by itself. Birthday Quotes from Politicians Oliver Wendell Holmes For him, in vain the envious seasons roll, who bears eternal summer in his soul. Eleanor Roosevelt I think, at a child’s birth  if a mother could ask a fairy godmother to endow it with the most useful gift, that gift should be curiosity.

Globalizing and localizing factors OR Uppsala model of firm Essay

Globalizing and localizing factors OR Uppsala model of firm internationalization - Essay Example Added to that the purchasing power dazzled one and all and Multinationals of all hues went headlong to get a piece of the action. It has been ascertained that both India and China are quite similar and are perusing similar liberalization policies. Culturally too there is affinity and therefore investing in China will be a wise move. Liberalization of the economy and a bent towards industrialization in a hurry offered huge opportunities for expansion. As of now as many as 320,000 foreign ventures have come up on mainland China, and they are growing by the day. China is the second largest recipient of Foreign Direct Investments that have crossed 400 billion dollars. Investments have come in from all quarters of the world, mainly from the USA. It would be prudent for us to take advantage of the situation and make a move in the Chinese market now by setting up a manufacturing unit in one of the SEZ’s as a FIE. As a growing garment exporter to the world with an annul turnover of over Rs 5000 crores, equivalent to $ 1.25 billion the Pearl Group of India is faced with a dilemma of competition from China. With the onset of a quota free regime US and European countries are free to buy their requirements from any country of the world and China as a source of cheap labour as well as due to its effective control on the Yuan has emerged as a strong contender against export of Indian garments. As the company plans to add to manufacturing capacity to meet growing demand, it is actively considering converting this threat into an opportunity. There are 2 options. First Option is to add to capacity in India. Second option is to set up a manufacturing unit in one of China’s special economic zones and make it another exporting hub taking advantage of their labour and currency factors. In the past China followed a foreign exchange policy similar to India. Exporters were required to surrender 100% of their foreign earning to the Central Bank and could not use this

Indicte behaviors that hold a team back and what role a leader ship Essay

Indicte behaviors that hold a team back and what role a leader ship process might play in strengthening those areas - Essay Example Leadership is all about building peak performing teams, teams focused on accomplishing goals. Leaders are able to effectively communicate and motivate the team to perform the set goals. Professionalism provides the tools needed to develop essential skills required for personal and team success. Focusing on building skills such as professionalism, effective communication, time management and organization, helps leaders develop a productive team ready to provide a positive contribution to the success of the organization (Vital Learning, N.D.). Many organizations struggle, not from lack of advanced information -- rather, they never really master these basics. One of the responsibilities of a leader is to motivate the team to all work together towards the common goal. This can be a daunting challenge. So often the team is comprised of very diverse members, each with their own strengths, weaknesses, and work styles. The team dynamics are also often complicated by internal disagreements and personal conflicts. The leader, not only has work with this group of people, but also needs to achieve the results expected by their superiors. Leaders can benefit by being able to identify the types of personality characteristics of team members. By understanding the basic personality types, the leader can use individual strengths of members for the good of the team, as well as assign tasks that individual team members naturally excel in. A leader can also learn to communicate in a way that is motivating, by taking into account the needs, values and working preferences of different team members (PointShop.com, 2006). Besides, regular positive and negative feedback from the team members will also help in improving and understanding the needs of the team. For many individuals, every day life activities, including work related activities, are impaired due to a lack of, or untrained organizational skills. What can be done to develop or improve organizational