Leadership Article Example | Topics and Well Written Essays - 500 words - 1

Leadership - Article Example This is to fuel further his political agenda. From diverse experience across many organizations, leadership can also be natured. Through Natalie Gochnour, we are able to witness growth in leadership. Maura Carabello on his part builds his career at Time Inc. This gives him the skills, which he later uses to successfully co-found a communications Inc. The communications firm has grown progressively by 30% each year.( www.deseretnews.com/article) David Jordan successfully leads a practice of law earning him a lot of respect. He also practices civic leadership through engagement in leadership of a variety of organizations and activities. This is vital for an all round leader. Clark Ivory is a more technical leader who shows prowess in data driven decisions. Through his analytical decision-making, he leads Ivory incorporation into massive growth. This leads to growth in jobs for the populace. As a leader Rich McKeown shows us how career can be shifted as he begins as a teacher and finally becomes an attorney. He later becomes a chief of staff in one of the state departments and ultimately leads a multi-million dollar consultancy. Kirk Jowers on his part is a highly educated leader from Harvard. He leads the Federal relation for the US. He fuels its expansion worldwide through significant growth. Lastly, Jim Kearl is one of the most sought out professors. To worsen the situation, he is also heavily relied upon by many organizat ions. His expertise also makes him be sought after by many governments for consultancy. (www.deseretnews.com/article) On the contrary, non-leaders are Gladys Prutt; she does not endow trust and belief on her subjects. This lead to the deterioration of Prag’s Social trust. This she was given the role of leading. Scollin Dengony could not initiate good communication procedures. Communication is vital for coordination roles. The Inc’s functions could not

Banking law Essay Example | Topics and Well Written Essays - 2000 words

Banking law - Essay Example Thus Alice clearly intended to rely on Beatrice’s expertise as a financial advisor. In a typical case, where a fiduciary relationship is created such as the one between Alice and Beatrice, the fiduciary’s (Beatrice) discretion to manage the funds is limited by contract.2 The terms of the contract are not revealed by the facts of the case for discussion. The only know term is stated in broad terms: to build an investment portfolio. Regardless, fiduciary duties are typically provided for in standard contract forms. These duties usually include the no conflict rule, a duty of loyalty, the rule against personal profits and confidentiality rules.3 Despite the fact that the fiduciary duties are typically detailed in the standard form of contract, the fiduciary remains bound by the principle fiduciary duty of good faith.4 Frase advises however, that financial institutions such as banks are not typically regarded as fiduciaries in the ordinary course of their duties. In such a case, the relationship between the banker and the client is regulated by contract, leaving the client limited to remedies for negligence or breach of contract.5 However, financial advisors like all other members of the banking and investment market can be held to a fiduciary duty which operates outside of the contract with the client. According to Frase, in this regard, the fiduciary duty is â€Å"fact-based†.6 In other words, whether or not Beatrice, as a financial advisor is a fiduciary will turn on the particular facts of the case. As Lord Upjohn stated, it is necessary to evaluate all of the â€Å"facts and circumstances† to ascertain whether or not the agent in question is a fiduciary.7 Lord Upjohn went on to state that: The relationship must then be examined to see what duties are thereby imposed on the agent to see what is the scope and ambit of the duties.8 Lord Wilberforce also stated that the exact nature of the fiduciary’s duties â€Å"must be moulde d according to the nature of the relationship†.9 Frase explains that where a bank provides the ordinary services of receiving deposits or extending loans, it would not typically have a fiduciary relationship with its clients. However, the moment the bank goes beyond those contracted services, a fiduciary relationship will most often arise. For example in the event the bank or one of its agents, uses confidential information for its own use, a fiduciary duty arises.10 A fiduciary duty will also arise where the bank has a conflict of interest.11 It can be argued that Beatrice made personal use of confidential information connected to Alice’s account. Beatrice knew the details of Alice’s account and while she did not pass their information on to others, she used that information to access Alice’s account. Moreover, there is no doubt that a conflict of interest arose since Beatrice was concerned about her own financial difficulties and desires and put those ah ead of her client’s interest: to build an investment portfolio. The definition of a fiduciary as provided by Asquith LJ clearly captures the essence of Beatrice’s relationship with Alice. As Asquith LJ stated, a fiduciary duty