Diversity Research Paper Example | Topics and Well Written Essays - 750 words

Diversity - Research Paper Example Shami sought to dye his hair but found out that all hair dyes were all ammonia based, a compound he was allergic to according to his doctor. This spurred Shami to set out at inventing the first ammonia free hair dye in the world named Magento, which effectively launched his business career. In the year 1986, Farouk Shami started his Spa and hair care products company called Farouk Systems based in Houston, Texas. This company, over the years, has introduced numerous hair care products in the cosmetics industry, which has seen his business venture and innovations lead to flourishing and profitable business career. Farouk Systems Inc. is a manufacturer of professional spa hair care products that offer lighteners, colors, styling products, hand, body washes, and lotions and tools like dryers, irons and brushes (Miller, Vandome & John, 2011). According to Pederson (2009), Farouk Systems’ SPA products include lacquers, fragrances, top coats, ceramic base, ceramic base coats, coat b inders, and cuticle oils. The company also provides services in ceramic instant drying drops, conditioners, chemically treated kits, shampoo ionic protectors, ceramic ridge fillers and nail tools and accessories. Farouk Systems also offers buffer file and block, crystal nail files and in addition, they offer infra highlight color, blondest blonde, ionic permanent color and auto digital wet among others. Farouk Systems Inc. is a private company that was founded on principles aimed at promoting safer workplace environments, a principle that embodied by the company’s motto; Environment, Education & Ethics. This was to be achieved by providing the hair care industry with safer hair care products free from harsh chemicals (Herman & Smith, 2009). Advanced knowledge through education was to be the foundation of this objective, and new professional systems that could be replicated at home. Farouk Systems is comprised of 1,500 professional hairdressers spread in over 60 countries in t he world (Rosenbloom, 2011). Farouk Systems Inc. entrepreneurial intentions are driven by the need to promote the creation of safer working environments in the hair care industry. This contributes to the consistent drive in innovation of chemical free hair care products using natural dyes from plant and animal extracts (Pederson, 2009). These intentions were achieved through Farouk Shami’s resilience in research aimed at developing alternative hair care products that were much safer than what the current provided. Farouk Systems’ consistency in innovation has propelled the company’s entrepreneurial intentions to a leading market position in the industry. The company’s strongest traits are characterized, by market research, to provide the best and current knowledge on trends, consumer demand and preferences. Strong leadership is a key factor to Farouk Systems’ success in an industry that is characterized by stiff competition and the influx of new pr oducts in the market. The emphasis and focus on the development of high quality products is an entrepreneurial trait that has helped the company maintain its market appeal and demand. An example of this is the introduction of the Chi Straightening Iron that is made of pure ceramic raw material making it deliver superior results compared to other products in the market (Herman & Smith, 2009). The quality results produced by this product are attributed to consumers’ willingness to buy it at higher prices than other similar products in

3010 Essay Example | Topics and Well Written Essays - 750 words - 1

3010 - Essay Example nt significance to highlight that majority of the problems faced by the organizations always revolve around the management flaws, that trickle down to the employees (Shermon, 36). This contributes towards hampering the organizational performances. As such, the organization may be considerably impacted with failures in certain measures. In relation to the above, it is important to understand some of the eminent problems that most organizations always face that may always contribute towards organizational failures. One of the problems that contribute towards hindering success in organizational setups is the ineffective performance management processes employed within those organizational setups. In some situations, the organizational may fail to have any organizational performance management process in place. This is very critical for such organizations since lack of such performance management processes is always amongst the top ranking agents of failure (Shermon, 41). The other problem may take the form of lack of, as well as, ill-defined performance expectations. This may present major challenges towards the realization of success in the organizations. In some situations, the performance expectations may be poorly communicated to the staff, thereby acting as amongst the top ranked predisposing factors of organiza tional failure. Other than the listed above, the inconsistent management practices employed within organizations as well as companies may also hinder the realization of the success. Furthermore, the partial participation of the managers and some leaders may also be one of the agents of organizational failure in companies (Shermon, 56). This is a big problem since some leaders may be fully engaged in discharging the best of their efforts towards realization of good results, whereas others may essentially ignore managing the performance. This is akin to organizational failure. Therefore, in order to address these organizational challenges and problems, it