Heard about arguments how any project-outsider can evaluate if my achievement is authentic? I also have this wondering why academic evaluation need to be conducted by some political grassroots movement? What should be the expectation for the general public's participation in any scientific academic level evaluation? even if this is money sensitive evaluation for the intellectual incomes?
So, I have formed this question for everybody:
Why the General Public should be expected to have the evaluation power without professional knowledge and professional experiences?
----Feb. 12th, 2019
Also, I heard a lot of people who visited my MBA blog has some doubts about me.
1: If I exaggerated as a say-er for who I am but not really a doer leader at all?
My response: That post is the resume of how I assess myself if I am eligible to be its leader, the if-doer assessment is actually the organization assessment which is my MBA capstone project that I am learning to do for the same organization, which is to assess the organization for its overall goodness and challenges to decide if I should propose myself as its doer leader.
2: How could I come up such leadership PPT based on those five or six leadership articles?
My response: In research, once a project's frame is shaping up nicely by the research, another important part is to fill in missing links for evidence support and theoretical relate, which is similar to smoothness required between paragraphs in articulation or literature. So, when it is a resume type of leadership representation, more supporting evidence is needed to integrate the entire PPT as one piece of a leader for a specific organization. That PPT is how I filled in missing links of evidence support and theoretical relates to make it an assessment of myself for the leadership eligibility of this specific organization. I like its PPT format a lot because it focuses on research links for evidence support and theoretical relates, but less stressful in making it literature smooth as well, which is more ideally for my immigrant technology background.
3: What MBA concentration I enrolled in that highlights leadership capability?
My response:
From my MBA graduation reflective essay: "When I applied for MBA education, I was interviewed about why I want to have an MBA and what will be my concentration, I said I want to know how I can start my own business, I want to learn where to start if I walk into a for-rent space. The concentration program I enrolled in is General Administration（常务管理）".
After this leadership course MBA513 and the current capstone course I am learning, which need to use all that I have learned in MBA education to conduct assessment for myself and for the organization, "I have the confidence that I have learned knowledge that enables me to lead an organization to face its challenges, or to start a small own business(reflective essay)".
4: Do I realize MBA educated leadership is a calculating & analyzing job as well, not just an articulating job?
My response: Well, I have a Master degree and the hands-on experiences as a good computer programmer which is a doer profession based on computation, a science of calculation and measurement, that I don't think I need to prove that I can also do mathematics financially. My understanding of mathetics in finance is that I need to learn those formulas' theory background and applicable range to know how to use formulas in financial analyzing, which we have some homework assignment for learning and practicing purpose already. But, I have no problem to post a very simple mathematic financial analysis I did in school's MBA573 discussion post. It is investor interesting calculation regarding the required rate of return and stock purchase return:
----------------posted on Sept 9, 2018, on school's discussion blackboard ------------------
The CAPM formula for Rate of required return is:
Rate of required return Rr=Rf + [Beta *(RM - Rf )] ;
The formula of Rate of total return is: Rate of total return Rt = (Ct + Pt+1 - Pt )/Pt;
In deciding dividend, the best decision is Rr <= Rt;;
Rf + [Beta *(RM - Rf )] <= (Ct + Pt+1 - Pt )/Pt ;
Rf + [Beta *(RM - Rf )] <= (Ct /Pt ) + ( Pt+1 /Pt ) - 1 ;
If Pt+1 >= Pt is intended, then( Pt+1 / Pt ) - 1>0;
Then, Rf + [Beta *(RM - Rf )] < Ct / Pt;
then Rf + [Beta *(RM - Rf )] < Ct / Pt+1;
Also,
If an increase in both the total rate of return and stock price is the purpose,
then, Rf + [Beta *(RM - Rf )] < Ct / Pt+1 ; (from above)
then, Rate of required return < Yearly dividend per share/Pt+1;
then, Cost of Capital < Yearly dividend per share/Pt+1;
then, Cost of Capital < Net profit per share /Pt +1 – Retained earnings per share/Pt +1;
then, Retained earnings per share/Pt +1 < Net profit per share /Pt +1 – Cost of Capital;
then, Retained earnings per share <Net Profit per share -Cost of Capital * Pt+1;
Conclusion:
1: When (Yearly dividend per share/ Intended Stock price Pt+1 ) > rate of required return Rr, the dividend level is good for both the stock price and Total rate of return.
2: To have an increase in both stock price and rate of total return, Retained earnings per share need to be smaller than the difference between net profit per share and Cost of capital * Intended Stock price Pt+1.
-----------------------------------------The End -------------------------------------------------
----Feb. 12th, 2019
