...Strategic Initiative FIN 370 March 10, 2013 Christine Gordon Strategic Initiative Strategic planning is the foundation of a successful business, according to a Commentary given by Viraj Yadav in Strategic Directions “Strategic planning is a crucial factor in the survival, development and success of any business” (Premeaux, 2009). In this paper there will be discussions on Walmart strategic initiative program and the effectiveness of it. Walmart is not only a leader in retail but leads concerning energy savings and conservation. Walmart has taken advantage of technology as it relates to renewable and perpetual resources such as the sunlight, solar panels, and wind. Not only does Walmart show that it is environmentally conscience, but also reinforces it is focus on the customer by strengthening productivity and reduce expenses with the “Powered by Walmart” initiative and at the same time to keep providing service for its customers and profits for its shareholder. Initiative Effects on Financial Planning The “Powered by Walmart” is an initiative that Walmart has implemented to reduce the company’s expenses by reviewing their processes and eliminating any unnecessary steps taking place and costs incurred. According to Walmart’s Fourth Quarter Fiscal Year 2012 Earnings Call on February 21, 2012 they expect to maximize their value by balancing global leverage (Walmart Annual Report, 2012). This message also stated that some...
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...are taught in institutions, which teach students and the increment has been to the extent of 11-13 per cent," said Ms Gujjar. |[pic] | |[pic][pic] | |[pic] | |[|Infosys had also started | |p|conducting exams for its | |i|employees as a part of its HR| |c|initiatives | |]| | |[|[pic] | |p| | |i| | |c| | |]| | Infosys has started a new initiative, wherein people from the US and Europe will be recruited for working in India and since Americans are reluctant to work in India, they will be recruited for one year each in India and China. "The one year stint will make the Americans and Europeans get accustomed to the working conditions in India and China," Ms Gujjar underlined. Infosys had also started conducting exams for its employees as a part of its HR initiatives and will consider if people are interested in other profiles. Infosys has also started another HR initiative, wherein a lady employee will be allowed to work from home if she has a small child to look after, for which she will be provided with a laptop and can work from office once the child completes one year. Ms Gujjar added the...
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...Strategic Initiative FIN 370 September 9, 2013 Louis Wallen Strategic Initiative IBM has played a strong and significant technological role in shaping the world in interconnection, intelligence, and new instruments. The information technology industry is highly competitive and the need for strategic initiative planning is an essential element for the organization to continue to prosper and remain an industry leader. According to IBM’s annual report one of the strategic plans is Smarter Computing designed for Big Data (IBM, 2012). IBM has committed to reshape their investments and lead the market in strategies to accomplish this strategic initiative. IBM states in their annual report that “Every two days, as much data is now generated as in all of human history up to 2003” (IBM, 2012, p. 5). Smarter Computing encompasses software-defined environments to handle the vast amounts of information housed through data centers. The infrastructure will be programmable and have individual systems capabilities as the first round of this strategic plan. This portion of IBM’s strategic plan will transform businesses and civilization giving the precise technology and correct capabilities to all aspects of organizational operations. IBM has a commitment to financial planning, sales examination, cost analysis, funding options, and has weighted the risks and the potential impact to the company in Smarter Computing strategic planning. IBM is an organization...
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...Strategic Initiative Short-term liquidity and long-term profitability are essential objectives for a successful business. The modest beginnings and impressive 50-year growth of Walmart Stores, Inc. are an example of such practice. Walmart Stores, Inc. reflects decades of continued positive return for investors in its annual report and presents a five-tiered strategic plan. The Walmart Store, Inc. 2012 Annual Report lists these initiatives as ―1) Developing our people; 2) Driving the productivity loop; 3) Winning in Global ecommerce; 4) Reinvigorating our customer-focused culture; and 5) Leading on social and environmental issues (p. 3). This essay will focus on two initiatives driving the productivity loop and reinvigorating our customer-focused culture. These two initiatives are tied to short-term and long-term financial concerns, and expansion strategies. The following details the organization’s financial planning surrounding the initiatives, the risks involved in the ideas, and the effect on revenues and expenses. Driving the Productivity Loop With strategic planning the team determines where to spend money for expansion, cut costs to reduces expenses, and invest profit for sustainably. Supporting this framework is the short-term and long-term financial plans a successful business needs to operate. According to Titman, Keown, and Martin (2011), the primary objective of both short- and long-range financial planning is the estimation of the firm’s future financing needs (p...
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...Strategic Initiative: General Motors Company FIN/370 1/26/2015 David Tucker The General Motors Company (GMC) made history in 2013. This reflected a major advancement on every part of the vehicle that was intended to make them more durable while still reflecting the goal to earn a reasonable profit. The goal was to work on the balance sheets, have solid earnings, and make huge investments. The company focused on the customer’s needs, demands, and desires, this increased focus will have an impact over years to come. The world is changing on a daily basis and GM is striving to meet the needs of the consumers. The goal for the future is to keep making improvements on things such as design and innovation. Annual Report These initiatives are explained further in the company’s annual report. The annual report is a way for shareholders to receive important documents and information about the business. This report includes research and development, marketing information, financial reports, and subsidiary activity for all new future plans. Each company is required to send an annual report to the shareholders to keep them abreast of the company’s current status and future goals. The most important rule is the proxy, which companies post to their homepage and the regular annual report. This report is on the Form 10-k that contains all of the company’s financial information and statements and provide the shareholders with most accurate details for...
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...Digital India Digital India is an initiative by the Government of India and it was launched on July 1, 2015 by Prime Minister, Mr. Narendra Modi. From its very beginning there has been many contrary opinions regarding the usefulness and effectiveness of this initiative. One of the major positive aspect of this programme is that, Government services are made available to citizens electronically and people get all the latest information and benefits of technology. The programme targets at empowering the nation digitally and it also includes plans to connect rural areas with high-speed internet networks. Digital India has three core components which includes, the creation of digital infrastructure, delivering services digitally and digital literacy. Thus this helps in bringing e-governance to every individual. Other facilities include Digital Locker, e-education, e-health, e-sign and national scholarship portal.. Thus it will be a boost to industry for both large and small enterprises. It create a lot of jobs and helps the citizens to connect directly with the government. The total investment made for this initiative is equivalent to one-fourth of the national budget and this itself shows the great importance with which the initiative is put forward. Along with all these positive aspects there are also some drawbacks associated with this programme. These includes, the ambiguity regarding the efficiency with which the programme handles the personal data of so many citizens of...
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...know our responsibilities in our community as well as our duty as a citizen of humanity. My fellow youth, in behalf of the Youth in Media and Sigaw KA!bataan, I am encouraging you to exercise your right to suffrage, our decision and vote will determine what lies ahead of us. Our choice is a crucial factor that will define what kind of government leaders will lead us after the election. We are given the chance to participate in a struggle of transformation. We must not miss that opportunity or let it pass us by. Let us make a change while there is still a chance because time will come that there will be a lot room for changes but no more chances. Let us take the initiative to be different. It is our call to action. Let us be proactive rather than being passive. Let us bring to life the essence of leadership, initiative and honesty. If our ancestors shed blood, sacrificed their lives and participated in the social reform, we will also take our step towards the fulfillment of the change that is very much long awaited by Filipinos. We are all seeking to improve Philippines’ Third world country status. The youth of...
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...forty-three Ohio ballot campaigns by petition since 1950, it marked the first example of a contested issue, requiring a 'yes' vote, in which citizen proponents had sufficient TV money and a simple message. Citizen initiatives in the past have faced two different problems: a campaign that is difficult to explain and paucity of resources. A smoking ban is easily understood and the issue was well-defined in voters’ minds long before the campaign began. The dangers of second-hand smoke have been understood for decades. SmokeFreeOhio raised a significant amount of money (over $1.8 million). Although as of October 18 SmokeFreeOhio had not raised enough money to cover Ohio’s media markets on their own, they were greatly assisted by free media coverage prompted by the presence of Issue 4 (Smoke Less Ohio) on the ballot. The tobacco industry’s attempt to trump SmokeFreeOhio was well publicized in newspapers and on television, and certainly contributed to public awareness of the differences between Issues 4 and 5. This helps to explain the success of the SmokeFreeOhio campaign despite the competing ballot campaign, Smoke Less Ohio (Issue 4) and this successful citizen initiative provides a template for future ballot campaigns. For an overview of Ohio’s history of ballot initiatives visit, www.ohiocitizen.org/about/training/ballot history.html. An analysis of successful ballot campaigns in Ohio is available at www.ohiocitizen.org/about/training/ballotconsiderations.html. Big Money...
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... In my opinion, the most significant successes of the Progressive Movement were the constitutional amendments and improvements in the democratic process. Our text tells us “The Progressive use of the amendment created lasting effects on our political system and is often considered the greatest success of the entire movement” (Bowles, 2011). The 16th amendment allowed the federal government to begin collecting income tax from all workers. The 17th amendment gave citizens the power to elect U.S. senators and was a result of the direct primary reform in Oregon. This was important because it allowed voters to choose candidates for office instead of political party leaders (The Progressive Era, 2002). The recall, referendum, and initiative are all examples of Progressive reform that brought more democratic power to the common people. The Progressive Movement’s significant failure, in my opinion, was in regard to racial equality. Even though they fell short of their intentions, we must remember how ambitious their goals were. The Progressive Movement missed their target because they aimed to do too much. I do not think that World War I can be regarded as a Progressive conflict. The First World War was a road block to Progressive reform until the rich, who had fought alongside the poor, returned from overseas. References: (2002). The progressive era [Television series episode]. In America in the 20th Century. New York, NY: Films for the Humanities & Sciences...
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...INTRODUCTION Becoming a diverse organization makes good business sense for both for profit and not for profit companies. Creating a diverse workforce provides tremendous opportunities for organizations and individuals to tap into the ideas, creativity and potential contributions inherent in a diverse work force. The composition of America’s workforce is changing. According to the census Bureau, nonwhite will represent more than one-third of the U. S. population by the year 2010 and close to half of the U. S. population by the ear 2050. By the year 2005, the ethnic minority share of the workforce will reach 28 percent. It is also projected that the Hispanic-American population will be the largest minority group in the U. S. by the year 2010. In order for companies to fully and aggressively compete in the marketplace, they will need to consider these statistics and work towards attracting, recruiting, developing and retaining a diverse workforce. This will be critical if they are to survive. They will also need to recognize that the market they cater to is becoming more diverse. Diverse groups are a growing percentage of the buying power in the United States. In order to maintain competitive advantage in the sector they serve, organizations will need to truly understand its customers, clients, members and employees and will need to create an organizational climate that is welcoming to all. The Birth of the Diversity Movement The “Diversity”...
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...David Davidson. Washington looks like it could be the first state to legalize marijuana. A general consensus among state and local polls appears to show momentum on the affirmative side of proposition I-502. Public Policy Polling , Komo 4 and the Seattle Times latest polls all show the initiative leading with 53 to 55 percent of those most likely to vote supporting the measures adoption (Martin). This is a very significant Initiative with numerous Local, State and National legal and political ramifications. An examination of I-502 would seem to be in order. Marijuana, or Hemp was legal and it’s production was actively encouraged very early on in the colonies of what would become America. Following the American civil war marijuana was used in numerous medical products that were sold over the counter- with no restrictions whatsoever. The Marijuana tax act of 1937 was the first real law that made marijuana a restricted substance (NPR). The laws have fluctuated somewhat, but for the most part have continued towards less tolerance or zero tolerance models. Democrats removed minimum sentencing laws in 1970. Meanwhile, President Nixon was beginning his all out “War on Drugs” going so far as to call them “public enemy number one”(NPR). Reagan reinitiated mandatory sentencing making them the toughest to date in the mid 1980’s- 100 marijuana plants was now the illegal equivalent of 100 grams of Heroin (NIDA). Nearly one in eight persons in prison in America...
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...Toplica, representatives of civil society, business and media, the Swiss Ambassador to Serbia HE. E. Ervin H. Hofer said that back in 2001. Switzerland recognized the importance of implementing changes at local levels. ‘The citizens of Switzerland firstly identify with their municipality, and only then with their country, because local governments serve them and their families. Citizens must feel that the municipality is working for their welfare, and that is the question of mutual trust. It is therefore very important that municipal finances are handled in a transparent way and that money is spent taking liquidity into consideration . Ambitions must be matched with available resources. It is important that the community itself has the initiative, and does not expect that representatives of the Assembly or the government will do all the work’, said the Ambassador Hofer. He added that Switzerland supports projects such as the EU PROGRESS because of its long tradition of decentralization and direct democracy. ‘We believe that sustainable development is possible only with respect to principles of good governance. These principles are closely related to the way public institutions manage their resources and whether services are provided efficiently, without discrimination and abuse, ‘ added Ambassador Hofer. During the debate, Radoje Krstović, Mayor of Municipal Assembly of Blace, said that good governance is a prerequisite for the development of local governments. ‘There is no progress...
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...Strategic Initiative Paper FIN/370 Strategic Initiative Paper Starbucks Strategic Planning Initiative Strategic initiatives are a special set of strategies that an organization sets up to help that organization reach certain goals and achievements that are set up in that strategic plan. The platform in the strategic planning initiative of the Starbucks organization is to make certain they use only high quality goods, and they treat their customers and employees with respect. Starbucks is “committed to ethically sourcing and roasting the highest quality Arabica coffee in the world” (Starbucks Corporation, 2012). Starbucks’ mission is “to inspire and nurture the human spirit – one person, one cup, and one neighborhood at a time” (Starbucks Corporation, 2012). Starbucks Corporation uses this statement as a fulfillment to their success: Under ethical sourcing the company outlines the goal that by 2015 the organization will use coffee that is only produced and obtained through the use of ethical trading and responsible growing (Starbucks Company Profile, 2011). The initiative discussed in Starbucks Annual Report says “Blair Taylor, Starbucks Chief Community Office, announced the launch of a new nonprofit corporation with a $1 million seed grant to introduce job skills, leadership and apprenticeship programs to young people across the company’s multi-billion-dollar supply chain, and further expansion of the company’s support for U.S. manufacturing through an order...
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...fin 370 week 3 team Strategic Initiative Paper Veronica Johnson Melissa Herrera Nick Engelke Carlos Martinez Gary Gilberthorp FIN/370 April 21,2014 Junius Jaubert Strategic Initiative Paper Starbucks Strategic Initiative expanding globally and reaching new customers is the goal of Starbucks Corporation. To produce more revenue as well as excel above the competing international coffee organizations. Starbucks Corporation must not only meet but also continually exceed this goal. Starbucks is known for continuously creating new innovations in the marketplace. The Corporation is also well-known For using various media channels to perpetuate their reputation as the top coffee organization in the world. This strategic initiative will increase these channels of communication to include Facebook, Twitter, television advertisements, and magazine ads. The resultant efforts of this strategic initiative will determine Starbucks future revenue and future direction of the organization. Starbucks has several current strategic initiatives in place to improve the organization’s sales and drive long-term shareholder value. This strategic initiative will further expand current strategic initiatives by including a multi-channel advertising and marketing campaign to increase successfully the transparency of the Corporation. This initiative will enable Starbucks to expand globally and reach new customers to enable one-on-one dialogue while increasing sales both internationally and domestically...
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...to Play its HAND 1. In your opinion, which of the three major HAND initiatives: TB, Malaria, or Chagas should Jim Geraghty recommend? Defend you answer by detailing how your choice is better than the other two. I think that Jim Geraghty should recommend the Malaria initiative. The Malaria initiative is the best business decision for Genzyme. There are 250 million Malaria cases every year, compared to that of 16-18 million cases of Chagas and 25 million cases of Tuberculosis. Even though Tuberculosis has more deaths per year at 1.5-2 million and could possibly be the best initiative to recommend, I still believe the Malaria initiative is the best option. Malaria is spread by Anopheles mosquitos and there is still a great need for a cure of Malaria in today’s world. In the case, Genzyme’s goal is to have the most impact possible on a deadly disease, while doing something that is within their capabilities. All three initiatives have a very important medical need, but Genzyme has the molecular knowledge to create a vaccine for Malaria. They have done a lot of research for Chagas also, but they would have to basically start from scratch if they were to go towards the Tuberculosis initiative. By going with the Malaria initiative, they would more than likely partner with Harvard, MMV, and ICGEB, which would be great for the research and development capabilities. Jim Geraghty should recommend the Malaria initiative to Henri Teermer 2. Taking the perspective of Teermer, the CEO, how...
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