...your thinking and analyses, make decisions, etc. or did you use a hybrid of theories? Did you just do your own thing?) 3 What worked and what did not work when pursuing your actions over the period the simulation was set? Explain why you think some strategies and tactics worked while other strategies and tactics did not work. Feel free to draw on a wide range of information sources to support your views, including company websites, annual reports, news reports, journal articles, etc., as reference to these external sources of information could make your presentation extremely interesting to the reader marking your work (your lecturer who will be a proxy Board). 4 What would you do differently? Are there learnings that could be applied to the industry the simulation was set or learnings that could be applied to other firms you know about, including organisations you are working at currently or have worked at in the past? 5 Conclusion. Succinctly explain your most important finding(s), including any interesting implications for the business in question. Introduction The objective of this simulation is convincing the majority of managers and employees in Spectrum Sunglass Company to accept the new sustainable development strategy within 96 weeks. Because this innovation involving a high degree of risks, some managers who are conservatism unwilling to take this challenge. I played the role of Director of Product Innovation within the R & D unit and I...
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...position of the company in this situation of a financial crisis related to its main competitors? 32 Chapter 6 33 Budgeting Process in Management Control System 33 Chapter 7 34 Internal Control System 34 The alignment of the Internal Control System into the day-to-day management of performance 35 Conclusions and Recommendations 36 Bibliography 37 Closing statement 38 Preface Background We are appointed to finish the Bombardier case to give a primary analysis on the Bombardier Transportation, emphasis on the risk management of the company. Combining the subjects we have learnt about risk management and strategy management. Acknowledgement We would like to express our gratitude to all those who gave me the possibility to complete this report. We are heartily thankful to our professor, Mr. Chretien Straetmans, whose encouragement, guidance and support from the initial to the final level enabled us to develop the understanding and complement of the report. Report direction We are presenting the report to assist Bombardier Transportation to have a better development on the whole management system. Summary Albert Einstein once said: “Imagination is more important than knowledge”. This statement is...
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...Bombardier International Business Goran Vitic, Tim Subion, Tim Dunkin, Dan Table of Contents Introduction 3 Top Two Countries 3 United States 4 United Kingdom 7 Political, Economical & Cultural 8 Political Differences 8 United States: 8 United Kingdom: 10 Economic 11 United States: 11 United Kingdom: 12 Culture 12 United States 12 United Kingdom 12 Overcoming Differences 13 United Kingdom 14 Opportunities 14 America 15 Opportunities 15 Threats 15 Conclusion 16 Executive Summary 16 Works Sited 17 Introduction Bombardier’s headquarters is located in Montréal, Canada. It is a publically traded company on the Toronto Stock Exchange, traded under BBD. At the end of the fiscal year January 31, 2011, the company had posted revenues of $17.7 billion USD. Bombardier’s goal is to earn worldwide leadership in aerospace and rail transportation. The company’s mission statement successfully depicts the firm. We are committed to providing superior value and service to our customers and sustained profitability to our shareholders by investing in our people and products. We lead through innovation and outstanding product safety, efficiency and performance. Our standards are high. We define excellence and we deliver . Bombardier started with inventor and entrepreneur J. Armand Bombardier, founder in 1942 through his invention of the snowmobile. Laurent Beaudoin, the son-in-law took the reins of...
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...AuthorsStudentsResearchersPublishersGovernment & NonprofitsBusinessesMusiciansArtists & DesignersTeachers+ all categories Most FollowedPopular Download 0 Go BackComment Link Embed Zoom of 00 Readcast 0inShare EMBRAER CASE STUDY : Resources and Competance, Value ChainCompetitors have claimed that Embraer’s competitive advantage is unfair, sustained only by ongoing direct and indirect government support.while government support wasimportant in helping the firm evolve into a major player in the regional aircraft market,such support has also been available to Embraer’s competitors. Embraer’s success musttherefore be attributed to other competitive advantages.Given its limited resources, especially during the reduction in direct government support,Embraer’s strategy has been to focus its R&D funds on key technologies that it caneffectively produce in house. It has outsourced the production of components that other companies can manufacture more efficiently.Embraer has focused its R&D on the development, systems engineering and integrationof the more than 28,000 parts and components that make up an aircraft. The company has alsoretained the development and production of the plane’s fuselage, arguably the mosttechnically complex part of an airplane. To aid Embraer’s in-house technologicaldevelopment, the company invited international leaders in the field of aeronautics to become minority shareholders.To offset the risk of developing and producing some of the most costly andtechnologically challenging...
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...Contents 1. Strategic Profile 1 2. Mission Statement 1 3. Situational Analysis and SWOT Analysis 2 4. Problem Identification 3 5. Analysis of Alternatives 4 6. Strategy Control and Evaluation Processes 6 7. Conclusion & recommendations 7 8. Implementation 7 References 9 Appendix 1 11 Appendix 2 12 Appendix 3 15 1. Strategic Profile Embraer SA is a Brazil-based company which was founded in 1969 and primarily engaged in the manufacture of aircrafts. The company divides its operations into four main segments: Commercial Aviation; Defense and Security, and Executive Aviation. It also offers aircrafts for agricultural use, structural components, mechanical and hydraulic systems, aviation services, and technical activities related to the production and maintenance of aerospace material (www.embraer.com.br). The company’s commercial aviation segment designs, develops, and manufactures various commercial aircraft for regional, low-cost, and mainline airlines and its defense and security segment provides a range of integrated solutions for the defense and security market. The company’s executive aviation segment develops a line of executive jets for fractional ownership companies, charter companies, and high-net-worth individuals. Its aviation services segment offers after-sales customer support services. This segment also provides spare parts, sales, inventory pooling programs, customer training, and other product support services. It has strategic alliances...
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...School of Management Coursework hand-in sheet Student name(s) | % | | % | Naomi Wai | 20% | Chukwudubem Joseph Onochie | 20% | Nevena Rakovska | 20% | Anish Rai | 20% | Warren Cannon | 20% | | | For group work – individual % contributions need to be stated only where they are not equal. Department (e.g. Management): School of Management | Programme and Year of Study: Accounting and Finance, Y3 | Name of lecturer: Dr. Sarah Park | Unit title and code (eg MN20010): MN30449 | Number of pages in assignment:17Word count: 2845 | Declaration I/we certify that I/we have read and understood the entry in the relevant Student Handbook for the School of Management on Cheating and Plagiarism and that all material in this assignment is my/our own work, except where I/we have indicated with appropriate references. I/we agree that, in line with Regulation 15.3(e), if requested I/we will submit an electronic copy of this work for submission to a Plagiarism Detection Service for quality assurance purposes. I/we also confirm that the percentage allocation of work is as shown above. Student Signature(s) | | | | | | | If assessment is group based, all members of the group must sign this form When to hand in You should aim to hand your work in before the deadline given by your lecturer/ tutor. The University guidelines on penalties...
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...Executive Summary Porter Airlines, a short-haul commercial airliner established in 2002, have enjoyed significant and steady growth since inception. The concern now is to devise a solution that will allow Porter to continue its controlled expansion strategy, as it has been so successful and integral to the growth of the company over the past several years. Situation Analysis Porter Airlines operates in a fiercely competitive airline industry, where competitors compete based on price, service, and comfort of passengers, and frequently engages in predatory practices to squeeze out smaller players in the market. The performance of the company depends on external environment factors, such as economic factors of oil and fare prices that will influence margins, or political factors impacting the future bridge and accessibility improvements to the city center airport. Porter’s competitive advantage is linked to the convenience of the Toronto City Center Airport, such as proximity to business core and expedited security and check-in times. Additionally, a critical success factor for Porter is to maintain the commercial exclusivity on the airport, to take advantage of cost savings as a result of being the owner, tenant, and operator. Competitive advantage is also a result of operating a single class of aircraft that has significant cost and operational efficiencies. Alternatives and Recommendation ------------------------------------------------- Several alternatives were provided...
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...Global 7 7.0 Porter’s Five Forces 8 7.1 Bargaining Power of Suppliers 8 7.2 Bargaining Power of Buyers 8 7.3 Threat of Substitute Products 9 7.4 Threat of new entrants 9 7.5 Intensity of Rivalry among Competitors 9 8.0 Core Competencies 10 9.0 Porter’s Value Chain 11 9.1 Primary Activities 11 9.2 Supporting Activities 12 Executive Summary This report identifies and analyzes key information and issues about 'WestJet Airlines Ltd.' for business purposes. It examines the company's general and industry environments, its core competencies, and its value creation activities. Most importantly, the increase in demand for lower-priced air carriers coupled with its decentralized infrastructure and strong integrated strategy, has helped make WestJet the second largest Canadian airline by market share and one of the most efficient airlines in North America. As such, WestJet is in a strong position in facing the treat of major crises, like a global recession. The general environment presents major threats and opportunities for the airline industry. The Canadian Government’s privatization of airports has increased landing costs and the global increase in...
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...Becoming a Trusted Advisor Program Proposal Prepared for by David R. Ednie SalesChannel Europe SalesChannel Europe ©2010 All rights reserved Agenda 1. Program Overview 2. Becoming A Trusted Advisor Program 3. Sample Slides from Trusted Advisor Program 4. Clients 5. Client Testimonials 6. David R Ednie SalesChannel Europe ©2010 All rights reserved 2 Program Overview Methodology: – Preparation: Hold 1:1 meetings with 3-4 sales and sales support personnel to audit current sales capabilities, skills and possible skills gaps – Program: Build program content and delivery around key selling skills and address any identified skills gaps Program Overview: Review basic sales skills and the selling mindset: – Buyer’s Decision Making process vs. the Sales Cycle – Proposals don’t sell, people do. Always personally present your proposals – Articulating the Value Proposition – questioning & listening comes first – Getting to the Ultimate Decision Maker Develop specific sales skills in the following areas: – Effective prospecting in existing client base – Gaining Access to C-level Decision Makers and what to say when you get there – Using questioning skills to uncover PAIN and identify problems (reduce churn) – Negotiating to win in an increasingly competitive market Becoming a Trusted Advisor – 4 level model of sales professional evolution – Gap analysis: Where are you today and where do you want to be end...
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...companies was gone. With losses totally into the hundreds of millions, aircraft manufacturers were forced to change business strategies or face financial collapse. Common to most changes in business strategy has been the increased use of offshore manufacturing. This paper will analyze the recent decision by Hawker Beechcraft to move sub-assembly manufacturing to Mexico, and how that decision has affected their shareholders and stakeholders. It will cover corporate social responsibility (CSR), ethical decision making, and the ethical implications associated with that decision. Hawker Beechcraft Moves to Mexico In order to understand the decisions made by Hawker Beechcraft, it is necessary to define and have a clear understanding of corporate social responsibility, the process of ethical decision making, and have an understanding and knowledge of the conditions faced by Hawker Beechcraft and their Senior Leadership Team (SLT). Corporate Social Responsibility Corporate Social Responsibility (CSR) is the responsibility organizations accept for their decisions and ultimately their impact on society, people, and the environment. (MPI: Committed to Improving Our World, 2012) By developing a sound business strategy which reflects the organization's culture, values, and objectives, the business will help strengthen the community, and ensure a sustainable and profitable future for its shareholders and stakeholders. Process of Ethical Decision Making Ethical decision-making...
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...| Corporate UniversitiesShort Description about five CUs | Khandakar Shah Muhammad Al-Muhaimen, 1337 | 5/12/16 | Training & Development | | | Corporate UniversitiesShort Description about five CUs | Khandakar Shah Muhammad Al-Muhaimen, 1337 | 5/12/16 | Training & Development | | Introduction “A centralized strategic umbrella for the education and development of employees which is the chief vehicle for disseminating an organization's culture and fostering the development of not only job skills, but also such core workplace skills as learning-to-learn, leadership, creative thinking, and problem solving," A corporate university is any educational entity that is a strategic tool designed to assist its parent organization in achieving its goals by conducting activities that foster individual and organizational learning and knowledge. Corporate universities (CU) are a growing trend in corporations. In 1993, corporate universities existed in only 400 companies. By 2001, this number had increased to 2,000, including Walt Disney, Boeing, and Motorola. Experts estimate that there are more than 2,000 corporate universities (CUs) in the United States, either centrally located or operating as virtual universities. The number of CUs is growing: currently, 29% of organizations are establishing a corporate university or planning to do so. Due to today’s aging workforce, HR professionals look to corporate universities as an effective way to develop...
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...1 DEVELOPING A SUSTAINABLE COMPETITIVE ADVANTAGE THROUGH STRATEGIC POSITIONING By R. Murray Lindsay April 2002 Strategic management is the process by which senior management ensures that the organization’s strategy is carried out or that it is modified to reflect changing conditions or knowledge. Management accounting and control systems play a key role in strategic management. While a management control course will typically take strategy as a given, it is important for you to have a reasonable understanding of strategy before we can begin to discuss management control systems or strategic management. This is because a firm’s strategy is the starting point for the design of effective systems of performance measurement and control. Moreover, the word strategy is used in many different ways, reflecting the fact that it consists of multiple facets or dimensions. Progress on understanding the accounting and control issues requires that we share a common understanding of the term and its various dimensions. The purpose of this essay is therefore to provide you with an understanding of strategy, if only at an introductory level. After reading and thinking about the material in this reading you should understand: the vocabulary used in the strategy literature so that you can feel comfortable talking to people about strategy; how choosing a strategy represents an attempt to achieve a fit between the firm and its external or business environment; a firm’s value proposition to its customers;...
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...has on the business of the company. Further, the report has also included the sustainability practices of Boeing and its initiatives to reduce the negative effects on the environment from its product. 2. Introduction Boeing is a multinational corporation with its roots in Seattle, USA that manufactures and design airplanes, satellites and space shuttles. It is the largest manufacturing company of airplanes and a top manufacturer of space and defense systems. It also provides airplanes on lease and product support services. It is the largest exporter of the USA and supports defense systems of more than 150 countries (Boeing, 2015). It has a long history of innovation and product development in the aerospace field. From its innovative strategy, the company has expanded its...
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...marticulation number: 201011524 FTUG 44201, Business Environments Dr Marcjanna Augustyn DUE dATE: 04.05.2012 A Report showing the key political, economic, social and technological factors that are likely to influence: FlyBE limited Contents Page Title Page ________________________________________________ Page 1 Contents Page _____________________________________________ Page 2 List of Tables and Diagrams __________________________________ Page 3 Executive Summary _________________________________________ Page 4 Introduction ________________________________________________ Page 5 Methodology ______________________________________________ Page 6 Findings/Results ________________________________________ Page 7 – 16 Conclusion/Recommendation _________________________________ Page 17 References _________________________________________________ Page 18 List of Tables and Diagrams Table 1: “Key Financials and Employees” (FAME database) ___________________________ page 7 Table 2: “Number of passengers travelled through UK airports for the years 2007 till 2011” ______________________________________________________________________________ page 9 Table 3: “Interest Rates” _____________________________________________________ page 10 Table 4: “Estimated increases in rate of APD paid by a family of four” __________________ page 11 Table 5: “Percentage of people aged 65 and above”__________________________________...
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...Emerging Issues in the Tourism Industry (In case of Switzerland) Introduction According to the World Economic Forum's annual Travel & Tourism Competitiveness Report which was released at the Global Tourism Forum (GTF) in Andorra; Switzerland and some other countries were considered as the most beautiful environments for developing the tourism and travel industries. Tourism always plays a vital role in the economy of any country and it plays the same role in Switzerland. But, it has been struck by the economic condition in Switzerland, because of the world economic recession. Tourists come to Switzerland because of its natural beauty, but with the continuing strike in many areas of Switzerland; it results in the improvement of tourism in Switzerland in recent years. Tourism Growth "Our report measures different factors that make it beautiful to make the tourism and travel industry of one country," said Jennifer Blanke, Lead Director and Economist of the World Economic Forum's Centre for Global Performance and Competitiveness. "The top rankings countries Switzerland, France, Germany and Austria show the significance of regulatory frameworks and supportive business, matched with world-class tourism and transport infrastructure, and a focus on rising natural and human resources for increasing an environment that is beautiful for making the tourism and travel sector." This analysis of the cross-country of the drivers of competitiveness in tourism and travel offers helpful...
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