...management 1 management vs leadership 1 Leadership definition 1 ethics and leadership 1 leadership and ethics 1 Friedman, 1 neoclassical economy 1 Sociioeconomic view of ethics 1 Stratetgy approaches 1 Appraoches to strategy 1 Rational approach, strategy 1 Ansoff 1 Processual approach 1 Loigcal incrementalism 1 planning vs crafting 1 crafting vs planning 1 Rational approach vs processual 1 evolutionary approach 1 Systemic approach 1 Startegic thinking 1 Strategic thinks vs planning 1 Startegic planning vs thinking 1 thinking vs planning 1 planning vs thinking 1 Fit vs stretch 1 Stretch vs fit 1 Levels of strategy 1 strategy level 1 Corporate strategy 1 Business strategy 1 functional strategy 1 global context of business 1 globalisation drivers 1 Competitive forces 1 technological forces 1 social forces 1 political forces 1 Globalisation challenges 1 Competition 1 distribution 1 macro-economic 1 socio-economic 1 financial 1 legal 1 Physical 1 Political 1 sociocultural 1 labour 1 technological forces 1 Globalisation benefits 1 costs benefits 1 timing benefits 1 learning benefits 1 arbitrage benefits 1 Role of accountant in strategy development 1 accountant role in startegic development 1 Comments 19 art of planning and conducting a war; "strategy is the art of using battles to win wars 19 19 19 insivible hand 19 Adam smith Strategy evolution 19 Strategy evolution ...
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...(1999) using the SWOT analysis organizations can examine the various factors both internally (Strength and Weakness) and Externally (opportunities and treats) to improve business performance. The analysis will be used to “quickly overview the business strategy” Jobber and Ellis-Chadwick, (2013). Swot Analysis provides a core information on the business organization not only the marketing aspect but also other components that contribute and affects the success of it’s business operation, Management can prepare itself for taking proper course of action in identifying marketing objectives and designing core strategies and gain competitive advantage in breaking the market. Marketing Audit Organizations develop a plan of action through which they proceed with their business operation, in order to assess their past performance, current position in the market as well as where they want to be in future operations. One of the tool that can answear these issues are to have an internal and external audit. ” The marketing audit is a systematic examination of a business’s marketing environment, objectives, strategies and activities, with a view to identifying key strategic issues, problem areas and opportunities’ Jober and Ellis Chadwick, (2013) this will help management to identify “the future direction of the business” Jober and Ellis Chadwick, (2013). It plays a central role in decision making...
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...driven startegy is that the market and the consumers that form the market should be the starting point in business strategy. To be in the market, company must have to create something what consumer need. It might be from existing products and services or new development of that particular products and services. Food processing industry is an important to the growth of food and beverage industry. The increased demand for processed food and beverages has in turn escalated the needs for innovative food processing and packaging equipment and technology, making it major contribution to the economy. Packaging plays a key factor in gaining the attention of consumers whenthey make their purchasing decisions, especially to the highly aware of hygeinic consumers. Innovation in the area of packaging has become increasingly important driven by consumer demand and the need to address environmental issues. The Cryovac brand leads the way in providing market driven solutions. The new packaging types and designs, as evidenced in the food and beverage sector, are frequently aimed at offering simplicity, cost-reduction and materials saving while maintaining the benefits of convenient, attractive and easy to-use and environmental friendly packaging design. The Cryovac are commited to uncovering and understanding what drives the market, so that their packaging solutions will improve their customer’s business. The Cryovac brands is a Sealed Air asset. Sealed Air is a leading global innovator...
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...CASE 1 – 1 Starbucks - Going Global Fast ------------------------------------------------- ------------------------------------------------- Didem Akdemir ------------------------------------------------- Mignon Pemberton ------------------------------------------------- Yunella Webb ------------------------------------------------- ------------------------------------------------- 2 IBMS Feb11 Table of Contents 1. Summary 2 2. Questions 4 3. Sources 6 1. Summary Starbucks’ success Starbucks is one of the largest chains of coffee shops in the world. They started their business in the early 80s as a tiny chain of Seattle coffee shops, grew rapidly in the 90s and now own 5,689 coffee shops in 28 countries. This chain of coffee shops is very well managed by a well-seasoned management team popularly known as H2O, because of Howard Schultz (Chairman and Chief Global Strategist), Howard Behar ( Head of North American Operations), and Orion Smith (CEO). This year (2002) it had about 1200 and it was still in the early stages of its plan to colonize the world. Problem Although, the company has expanded enormously, since it went public in 1991, this growth can not last much longer. New profits in the saturated home market are difficult to make. Although, there are still 8 states with no Starbucks stores in the U.S. One outlet for every 9400 people is the norm according to Starbucks and this has not been reached yet. The company admits that while...
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... 1 3. PROBLEMS IDENTIFIED 2 3.1 STARTEGY ISSUES 2 3.2 STRUCTURAL 2 3.3 SYSTEMIC & HR 2 3.4 CULTURAL 2 4. CRITICAL SUCCESS FACTORS 3 5. DECISION CRITERIA 3 6. RECOMMENDATIONS 3 7. EVALUATION OF RECOMMENDATIONS 4 8. ACTION PLAN 5 8.1 SHORT TERM 5 8.2 LONG TERM 5 9. CONTINGENCY PLAN 5 1. EXECUTIVE SUMMARY The case study analysis explains at length about the challenges faced by Gentran Machinery’s JV in Hangzhou, China. Mr. James Thompson, President of GM Pacific wanted a review of the problems and recommendations from an on-site visit and had allocated the responsibility to Bill Stevenson. Mr Stevenson’s report has identified cultural barriers and associated issues as the major hindrance to the performance of the JV. There’s apparent lack of cooperation between two sets of managers and it is compounded because of mutual distrust. He also identified the legacy of Hangzhou Construction Factory, autocratic style of management & the traditional Chinese system of always going to the superior for decisions. We have developed strategy map and underlying issues were identified on the basis of reasonable inferences drawn from the interviews’ findings. Finally, recommendations have been evaluated and long-term and short-terms solutions to above issues have been listed. 2. SITUATIONAL ANALYSIS Gentran machinery is a global heavy machinery manufacturer for manufacturing...
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...Chapter 1 Overview of the 21st century workplace - Organizations must adapt to rapidly changing society > like in 2003 there was so wireless but now its changing now most of the business rely on wireless communication - Economy is global and driven by innovation and technology > you need new original ideas (innovative) High performing companies gain extraordinary results from people working for them Interdependent, knowledge based > Depend on each other as a part of organization Study question 1 what are the challenges of working in the new economy > intellcutual capital people are the ultimate foundations of orgzanitional performances intellcutual capital is the collective brain power or shared knowledge of a workforce that can be used to create value A knowledge worker adds to Globalization . National boundaries of world business have largely dissappeared . globalizations is the worldwide interdependence of resource flows,product markets and business competition that characterisitv that characterize the new company Technology . Continuing transformation of the modern workplace throughout > the internet (having social network websites to market product) > worldwide web (exchange of stocks) > computers > information technology .Increasing demand for the knowledge workers with the skills to fully utilize technology Diversity: >workforce diversity reflects differences with respect to gender , age, race, ethnicity, religion,sexual orientation...
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...The Potentialities and Sustainability of Export Processing Zones in a Competitve Environment in an Integrated Economy:Evidence from Tanzania By Joseph S.Kiria Introduction and Background Proposed research is literally about potentiality of Export Processing Zones (EPZs) in achieving strategic objectives envisaged in the national vision development objectives in Tanzania. Study explores the potentiality and sustainability of EPZ as a development strategy in the context of linkage with Foreign Direct Investment (FDI) and its benefits in a competitive environment. An understanding of this subject is important for at least four reasons.Firstly, government spends part of its limited budget through fiscal incentives to subsidize EPZs. This is a revenue loss to the governemnt, and such budgetary impact have implications on other government development programmes. Secondly, though EPZs strategy may look impressive, it may be constrained by the level of competiton created by liberalization, therefore, identifying challenges and limitations facing the regime in the competitive environment encouraged by free trade regime is important to enhance its sustainability.Thirdly, there is evidence elsewhere that it is mainly cheap labour and excellent infrastructure but not fiscal incenntives that attract export-oriented FDI.A proof will provide a lesson and new experince in the context of this study.Lastly, Tanzania experience on EPZ has not been explored enough partly due to the newness...
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...Incident Response Plan Gurleen Kaur Sandhu Master of Information Systems Security and Management Concordia University of Edmonton 7128 Ada Boulevard Edmonton, AB gksandhu@student.concordia.ab.ca Abstract— In business oriented organizations, disasters can occur anytime if information security is jeopardized at some point of business operations. Whenever unplanned events happen, incident response plans are must for reducing the extremity and increasing the chances of quick resolution with minimal damage. An incident response plan is an integral part for an enterprise for reducing negative publicity and increasing the confidence of corporate staff.This paper provides steps constituting and utilizing Incident Response Plan. INTRODUCTION As said by an American lawyer Robert Mueller “There are only two types of companies:those that have been hacked and those that will be.” When an organization depends on technology based systems to remain practical,information security and risk management become an unavoidable part of the economic basis for making dicisions in a firm. In this challenging environment of increasing technology,data breaches are also increasing that require enterprises to protect proprietary data and implementing effective measures to prevent a data insecurity. Threats and vulnerabilities, in one form or another, will always affect information technology. Incident is an adverse event that negatively impacts the confidentiality, integrity and availability of...
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...Source:ComfortDelGro Corportion Overview ComfortDelGro Corporation Limited, an investment holding company, operates as a land transport company. It operates a fleet of public scheduled and private charter buses; an inter-city bus station; taxis under Comfort and CityCab brand names; and underground driverless rail system and light rapid transit systems in Sengkang and Punggol. The company also engages in the rental, leasing, and distribution of cars; and provision of automotive engineering services, including fleet maintenance, general repairs, engine diagnostic and tune-up services, system overhaul, crash repairs, and automotive consultancy services, as well as vehicle design and assembly, component re-manufacturing, vehicle recovery, and towing services. In addition, it offers vehicle inspection and testing services comprising testing, calibration, inspection, consultancy, and training services to various industries, such as the aerospace, building and construction, electronics, petrochemical, pharmaceutical, engineering, chemical, and biotechnology. Further, the company operates ComfortDelGro driving centre, which provides driving instruction for motorcars, motorcycles, bus, and taxi vocational license, as well as corporate training services. Additionally, it offers insurance broking services for traditional insurance products and alternative risk financing instruments; and outdoor advertising services. The company operates a fleet of 46,200 vehicles. It operates in Singapore...
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...Planning Strategic Planning Process Shelia Quinn Keiser University Dr. Jeff Ritter Marketing Management Knowledge and Skills MKT531 March 7, 2013 In order for individual departments in an organization to come up with a business plan, there must be a plan in place for the entire organization. This plan must meet the needs and add value for the customers, employees, and investors (Peter & Donnelly, 2013, p. 7). In order to arrive with a comprehensive plan, strategic planning must be done first. Strategic planning involves developing an organizational mission, organizational objectives, organizational strategies, and an organiztional portfolio. Once this has been accomplished, managers can develop plans for the individual departments (Peter & Donnelly, 2013, p. 7). This paper will take a look at each of these steps in the strategic planning process. Organizational Mission Every organization should have a strong and clear mission statement. This statement describes why the company exists, the direction the organization is going, and how they are going to succeed. It has to be a statement that everyone can connect with and understand (Peter & Donnelly, 2013, p. 8). When developing a mission statement management must look at the company’s history, competencies, and environment (Peter & Donnelly, 2013, p. 9). The history of accomplishments and failures of the company need to be considered to keep the company growing. The company also needs to concentrate...
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...Intro Intro Swot BalancedScorecard Conclusion Corporate finance 2 Ngoc-Viet Vo Binh-Duong Doan Yuming Hao Huili Liu Noelia Martin Plaza Khurram Shahzad © 2010 - GMP IAE LYON 3 Intro Intro Swot BalancedScorecard Conclusion Plan Intro Swot Scorecard Conclusion Plus Introduction SWOT Analysis Balanced Scorecard Strategies & Indicators GMP Corporate Finance Plus Conclusion 2 Intro Intro Swot BalancedScorecard Conclusion introduction 3 Intro Intro Swot BalancedScorecard Conclusion Introduction Intro Swot Scorecard Conclusion Plus GMP Corporate Finance Plus Google is a global technology leader focused on improving the ways people connect with information. Incorporated in California in September 1998 and reincorporated in Delaware in August 2003. Headquarters are located at 1600 Amphitheatre Parkway, Mountain View, California 94043 4 Intro Intro Swot BalancedScorecard Conclusion Introduction Intro Swot Scorecard Conclusion Plus Mission: Google’s mission is to organize the world’s information and make it universally accessible and useful GMP Corporate Finance Plus Major Products: Google Web Search with Advanced Search Functionality Web Page Translation—supports 41 languages Integrated Tools—such as a spell checker, a calculator, a dictionary and currency and measurement converters Google image and book search Google Scholar Google Finance Google webmaster...
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...1: Routes to take in starting an internet travel company 1.1 The survival-base strategic route This route puts heavy emphasis on organisations being able to survive a hostile and highly competitive context. It does this through an emergent process, seeking out opportunities in strategy content as they occur. ”Lynch 5th edition p416 STRATEGIC MANAGEMENT” As explained by Brent Hobermanin the case study that this is a scale game and you’re always facing global competitions. The real success Is to attract enough customers more than your competitors to generate more sufficient business. And with small internet business the fixed costs of operations in the early days are small no expensive office premises, no major colour printers and brochure costs, direct contact with potential customers, etc. They are two mechanisms in operation 1 adaption to the environment 2 selections among those present for survival 1.2 Network base strategic route The network based strategic route forward explores the links and degree of co-operations present in related organisations and industries and places a value upon that degree of co-operation. ”Lynch 5th edition p429 STRATEGIC MANAGEMENT” They are two major aspects of networks from strategy perspective covered * Network Externalities Network externalities-these arises when an organisation is part of an external network that is seeking to standardise some aspect of operations across the industry. The key moment...
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...WIPRO Take an organization with business divisions that overlap, add rapid growth, and flavour with problems arising from an uncertain environment. What you have, potentially, is a recipe for confusion. At Wipro, India's largest software services firm, however, little evidence of confusion has appeared despite the turbulent winds that have buffeted the company for the past few years. When former CEO Vivek Paul left to join Texas Pacific Group, a private equity firm, Wipro has had no CEO since Paul's departure, with Chairman Azim Premji -- who owns more than 80% of this Mumbai- and New York-listed company -- combining the roles of both chairman and CEO. Wipro was established in 1947. It was a vegetable oil company to start with and was created from an oil mill established by father of Azim Premji, present Chairman and CEO of Wipro. It later ventured into consumer goods in 1966 under Azim Premji's leadership as Wipro Ltd. In 1975 Wipro Fluid Power was set up to make pneumatic cylinders and hydraulic cylinders. Wipro demerged its non-IT businesses such as in consumer care, lighting, hydraulics and medical diagnostics into a new company to provide more focus for its IT business. Infosys and TCS are pure-play IT services companies. The demerger will help improve profit margins. But analysts think that moving out the small non-IT businesses from the company will alone not help. The company needs to focus on using technology to solve business problems, rather than just emphasize...
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...Business Strategy 4 External Environment Prof. Dr. Bernd Venohr Berlin, April 2007 © 2007 Prof. Dr. Bernd Venohr Agenda Introduction to Strategy 1 2 3 4 5 6 7 8 9 Course Overview and Strategy Concept Economics of Strategy Shareholder Value External Environment Internal Environment Competitive Positioning Diversification Mergers & Acquisitions Global Strategy Business Strategy Corporate Strategy Strategy Process 10 Organizational Structure and Control 11 Strategic Leadership © 2007 Prof. Dr. Bernd Venohr 2 Agenda Introduction to Strategy 4 External Environment - General environment analysis - Industry analysis - Summary and Outlook next Session © 2007 Prof. Dr. Bernd Venohr 3 Where are we today? Introduction to Strategy 1 Course Overview Strategy Concept 2 Economics of Strategy 3 Business Strategy 4 External Environment Shareholder Value Corporate Strategy 7 8 Diversification Global Strategy 5 Internal Environment 6 Competitive Positioning Mergers & Acquisitions 9 Strategy Process 10 Organizational Structure and Control 11 Leadership © 2007 Prof. Dr. Bernd Venohr Strategic 4 General purpose of external analysis Identify Opportunities: conditions that may help firm achieve strategic competitiveness Threats: hinders or constrains firm’s pursuit of strategic competitiveness Two types of environment Macro environment Micro environment (industry) Source: Robert M. Grant...
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...Metabical After spending millions of dollars for ten years in research and development, Metabical was finally able to receive FDA approval, making it the first and only drug to receive FDA approval to meet the needs of customers who have been trying to lose weight. Like with any other new product, numerous issues need to be considered before Metabical is actually introduced in the market. Decisions about pricing, packaging and demand forecast of the product are key to the success of Metabical. Barbara Printup, senior director of marketing for CSP, needs to analyze the market critically in order to decide the pricing and packaging strategy and forecast the demand for the product before it is launched. The demand forecast and the pricing and packaging strategies all plays a significant role in determining the long-term success of Metabical because the drug market is intensely competitive and only those products which are marketed with innovative strategies can survive in the market. Packaging decision is the first thing that needs to be taken care of. Since FDA trials showed that most of the people were able to achieve their weight loss goals by week twelve, the drug would be approved as a twelve- week treatment plan. The major issue that Printup needs to consider is the number of pills that would be included in each pack. Packing the entire twelve- week supply in one package does sound like a good plan but CSP should not forget that packaging plan directly ties in with the...
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