Posts by admin
26
Apr
there would have been an accountant to provide proper budgeting and other related project financial management and assessments. It would have allowed for better control of how the finances were utilized in the Fyre Fest project. In addition to that
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By
admin
there would have been a project manager who would have assessed the situation
26
Apr
it is clear that he lacks effective leadership qualities to ensure that Fyre Media realizes its goals and objectives. He also lacks the basic leadership qualities to lead and to inspire others. He believes in taking shortcuts and is not afraid to take illegal steps to succeed. His failure to adhere to the advice that was provided by experts in different sectors
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and decision not to pay his employees after the festival had flopped clearly shows why he is not fit to lead. Exhibit A shows how a bet...
26
Apr
poor leadership is one of the main root causes that contributed to Fyre Media’s failure in executing the much publicized Fyre Festival. The leadership displayed blind positivity devoid of optimism and realism. The leadership lacked the basic abilities to weigh the position of a company
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simple tools of internal and external environment analysis such as SWOT (strength
26
Apr
performance
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and satisfaction of employees and other major stakeholders. The role of the leader/manager is to guide his/her organization to choose t...
26
Apr
26
Apr
Fyre Media will be able to develop a detailed financial plan to ensure that they meet financial obligations to stakeholders such as suppliers and employees
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and are able to provide reasonable financial projections to their financial partners. An improvement of the financial management functi...
26
Apr
the independent teams that were working on different aspects never consulted each other
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or communicated with each other to show the development of their progress. In fact
26
Apr
organizations that have professional leaders are able to develop the right hierarchies
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ensure that all the employees know their roles in the company