...Name: Ashwinkumar Talankar Sub: Strategy Evaluation and Implementation Roll No.: 37 - PGDIBS - 02 Assignment: Note on Building an Organization Capable of Good Strategy Execution. The principal components of the strategy execution Process 1. Staff the organization with managers and employees capable of executing the strategy well 2. build the organizational capabilities required for successful strategy execution 3. Create a strategy supportive organization structure 4. Allocate sufficient budgetary and other resources to the strategy execution effort 5. Institute policies and procedures that facilitate strategy execution 6. Adopt best practices and business processes that drive continuous improvement in strategy execution activities 7. Install information and operating systems that enable company personnel to carry out their strategic roles proficiently 8. Tie rewards and incentives directly to the achievement of strategic and financial targets 9. Instill a corporate culture that promotes good strategy execution 10. Exercise the internal leadership needed to propel strategy implementation forward. Building an organization capable of good strategy execution: Building and strengthening core competencies and competitive capabilities: developing proficiencies in performing strategy critical value chain activities and updating them to match changing market conditions and customer expectations. Approaches to Building & Strengthening Capabilities : 1. Developing Capabilities Internally...
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...Zara’s Organization Strategies. Its Macro and Micro Environments Zara’s Organization Strategies. Its Macro and Micro Environments As any business firm that conducts its activity in contemporary world, Zara is comprised of interrelated parts and substructures that are integrated and intertwined with the outside world – the external environment. Since the connection and interdependence here is pretty strong, the environment affects the organization with a wide range of influences - political, economic, social, technological, legal, and environmental, which, in their turn, are the components of Zara’s business environment. Political environment The most important thing of a political environment Zara operates in is fiscal policies of the governments of the countries Zara’s stores are situated in. Pursuing their objectives, governments can levy taxes that make conducting a business unprofitable in this political system, or, for example, cancel taxation of some firms at all to improve the situation of a company on the market. Overall political situation in the country also affects Zara’s business. Since some countries have unstable political situation (e. g. Somali, Iraq, many African countries), Zara is reluctant to maintain their business there because of unpredictable business conditions. Economic environment Since Zara’s initial purpose is bringing profits to stockholders of its parent company Inditex, all these factors should be carefully considered...
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...Virtual Organization Strategy Yvette Griego, Judy Herbert, Hung Ho, Denny Morrison, Stacy Oshrin FIN/370 March 18, 2013 Dr. Shadi Sifain Virtual Organization Strategy Kudler fine foods is a company that prides itself on a quality selection of spirits and wines as well as organic meat, seafood, and a huge variety of produce. In addition, Kudler offers gourmet cheeses from 21 countries and fresh baked goods. According to its corporate site, Kudler currently operates three stores in southern California. The company can deliver quality merchandise because they “shop the world" and “go to extensive lengths to assure that Kudler Fine Foods is the purveyor of choice for customers aspiring to purchase the finest epicurean delights” (University of Phoenix, 2013, para 3). The following analysis shall discuss several options available to Kudler Fine Foods when considering expansion from its current status as a privately held company. The options considered are to formulate an initial public offering, engage in the acquisition of a similar business, or merge with another company. Team B will compare and contrast the strengths, weaknesses, opportunities, and threats associated with each option. Globalization and exchange rates are a primary factor in expansion, and the team shall discuss the effects of globalization, factors associated with exchange rate risks and how best to mitigate such risk. In addition, the team shall formulate a recommendation of the best option for Kudler...
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...Virtual Organization Strategy FIN/370 October 20, 2012 Riordan Manufacturing is a Fortune 1000 company that employs 550 people with projected annual earnings of $46 million dollars. The company was founded by Dr. Riordan in 1991 and subsequently the company name was changed in 1992 to Riordan Manufacturing after Dr. Riordan obtained venture capital to expand the company. The corporate headquarters is located in San Jose, California with additional manufacturing plants in Georgia, Michigan, and China. Products include plastic beverage containers, custom plastic parts, and plastic fan parts. The company is a leader in the industry of plastic injection molding. (Virtual Organization Portal, 2012) Riordan Manufacturing wants to expand operations and they have three options when considering expansion. The three options are going public via IPO, acquiring another organization in the same industry, or merging with another organization. The company must consider the strengths, weaknesses, opportunities, and threats of each option before making a final decision on how to expand. Additionally, considerations on the financial effects of globalization, exchange rate risks, and mitigating the exchange rate risks should be analyzed if the company decides to go international. Strengths Riordan manufacturing is looking for ways to expand their business. They narrowed it down to three options which are going public through an IPO, acquisition of another organization in the...
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...Assignment Topics Marketing Strategy of an Organization Submitted To Md.Rakibul Hoque Lecturer Department of Business Administration Dhaka International University. Submitted By Name : Md. Kawsar Jahan ID: 36 Session : 2010-11 M.B.A-Batch-29th B Department of Business Administration Date Of Submission : 2nd May, 2011 Dhaka International University Marketing Strategy of Olympic Industries Limited Over View Product Service Target Marketing Pricing Strategy Market Segmentation Advertisement Conclusion and recommendation Table of Contents Chapter-1: Over view 4 1.1 Company profile 1.2 1.3 Mission & Vision Business Portfolio of the company 1.4 Consumer Relations Chapter -2 Product service 9 2.1 Product lines 2.2 Specific product 2.3 Feasibility study Chapter-3 Target market 13 3.1 Target market selection Chapter-4 Pricing strategy 17 4.1 Pricing strategy 4.2 Pricing with the competitors Chapter 5 Market Segmentation /Distribution 20 5.1 Distribution channels Chapter-6 Promotional strategy 25 6.1 6.2 6.3 Promotion Why people choose Olympic products Promotional Images Chapter-7 Conclusion and Recommendation 30 Over view 1.1 Company Profile Olympic Industries, Limited, is one of the...
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...Virtual Organization Strategy Paper Caroll Ulbrich, Erin Thompson, Latasha Smith-Tutt, Levi Williams, Samantha Ehrlich FIN/370 August 19, 2013 Richard Jenkins Virtual Organization Strategy Paper Kudler Fine Food is a very well known food store. The owner Kathy Kudler is thinking about going public through an IPO. There are four approaches that need to be looked at from the IPO stand point. They are strength, weakness, opportunity and threat. Strength When a private company is thinking about raising money in the financial market an initial public offering (IPO) has advantages. By going with an IPO Kudler generates revenue from the sale of shares of stock in the company. The owner has gained liquidity in their company. With Kudler going public, the company now has access to the public market in the future. It also opens up the possibility for higher growth. Kudler will also have a higher profile making it easier to get vendors for goods. Weakness One of the things that could be a problem is arbitrage. Arbitrage is a purchase is made with the expectation of selling for a higher value in different markets. Opportunity Kudler Fine Food would have many opportunities with going public with an IPO, A greater amount of capital would come from issuing of shares that are traded on the stock market. It will also help the amount of business that takes place at Kudler should...
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...Virtual Organization Strategy FIN/370 Virtual Organization Strategy Berry’s Bug Blasters is a privately held business and wants to expand its operations. The business is considering three options for moving forward with the expansion plan. The first option is going public with an IPO, or Initial Public Offering. The second option is to acquire another similar business within the industry, and finally the third option is merging with another organization. All three of these options are viable choices and this paper analyzes each options for its viability and suitability to needs of the business. The paper identifies the strengths and weaknesses of the each approach, and well as the opportunities and threats posed by each option. The analysis begins with the strengths of the IPO, merger, and acquisition. Strengths of an IPO, Merger, or Acquisition Berry’s Bug Blasters could effectively expand its organization very rapidly through an initial public offering (IPO). An IPO would position the organization, after an underwriting process, to go from a privately owned company with modest annual revenues of $3.2 million to a public company that could put Berry’s...
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...Running head: VIRTUAL ORGANIZATION STRATEGY PAPER Virtual Organization Strategy Paper The competitive nature of businesses is a direct reflection of a strong management team. In order for a company to remain competitive the management team must remain innovative, knowledgeable of the market, and open to new ideas. Expanding operations may be one way that the management team decides to stay ahead of the competition. Expansion may not only create growth, but it may create value, wealth, and fresh ideas for the future. This project is designed to analyze a possible operation expansion for Riordan Manufacturing, an industry leader in the field of plastic injection molding (Riordan Manufacturing, 2006). The researchers of this project will analyze three possible expansion approaches including an initial public offering (IPO), a merger, and an acquisition. It will then be determined which approach would lead the Riordan Manufacturing team ahead of the competition and ultimate greater success for the company. Strengths of Each Approach Riordan Manufacturing has three options to expand its operations, go public through an IPO, acquire another company in the same industry, or merge with another organization. The benefits or strengths of doing each of these are addressed below. If the choice is to go public through an IPO then the benefits to Riordan, according to Inc. (n.d.) are: • “A publicly traded company may tap a broader universe of investors as well as a...
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...Capital Region Health Care (CRCH) in regards to its Information Technology Services (ITS) group. The article presents the current work mechanism used by the ITS unit on their beeper system, thus unveiling the lack of organization within the unit. The problem seemed to arise from the fact that the ITS group was fundamentally a technology-driven shop, the lack of communication between the group and its users and the absence of knowledge about the human. After many incidents had taken place the CIO, Deane Morrison, took noticed and decided it was time to change the culture of the ITS group and branch into a more customer service oriented system. In order for us to tackle this organization scarcity of customer service, we must understand what is organizational behavior. Robbins and Judge (2011, p.43) describe it as a field of study that investigates the impact that individuals, groups, and structures have on behavior within organizations, for the purpose of applying such knowledge toward improving and organization’s effectiveness. Another important concept we must understand is that of organizational culture, Robbins and Judge (2011, p.555) describe it as a system of shared meaning held by members that distinguishes the organization from other organizations. An organization culture is concerned with how employees perceive the characteristics of an organization’s culture, not with whether they like it or not. Now that we know the what organizational behavior (OB) and organizational culture...
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...Virtual Organization Strategy Paper Kathy Kudler created Kudler Fine Foods in June 1998. The store only took nine months for to reach the break-even point, and at the end of the year, a profit was turned. Within the next five years Kudler Foods was able to expand to three more places and has been very profitable. At this time, Kudler Fine Foods is privately owned but wants to expand. Kudler Fine foods can either chose to go public through an initial public offering, acquire another organization, or merge with another organization. Team C will analyze the three options by using SWOT analysis and give a recommendation of the best way to expand. Strengths of Each Approach An initial public offering (IPO) would allow Kudler Fine Foods to go public and sell stock in the organization. Allowing Kudler Fine Foods to increase marketability, an IPO provides flexibility and the opportunity to raise funds quickly from the sale of stocks. Kudler’s management team will remain in control of the organization but will have a board of directors who oversees management’s decisions and ensures that Kudler acts in the best interest of the shareholders. The exposure of going public could increase the awareness of Kudler Fine Foods and could assist the organization in expanding into new markets (Keown, Martin, Petty, & Scott, 2005). Acquiring an organization allows Kudler Fine Foods to acquire the existing assets of another organization and the existing customer base also. The organization...
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...Virtual Organization Strategy Paper Finance for Business/FIN 370 March 18, 2011 Abstract The purpose of this paper is to review a hypothetical organization and outline the options the organization may be faced with when debating the idea of expansion. The organization in question is Huffman Trucking, which is a trucking firm based in Ohio that has established a presence by acquiring five Eastern regional carriers. The company is privately held. The analysis of this organization includes expansion options of an Initial Public Offering, acquiring an organization in the same industry, and merging with another organization. The positive and negative aspects of each option above are reviewed and a conclusion will be drawn as to the next step for that business to take. Virtual Organization Strategy Paper The concept of business expansion offers both promise and peril. The desire of growth for a business must be tempered with the fact of additional uncertainty and risk. Business under normal operating circumstances is perilous. The additional layering of risk in any type of expansion or capital generation cannot only serve to fail in its objective, but also has the possibility to bring the organization to financial ruin. An effective executive must weigh the chance of success with the absolute possibility of failure. Going Public through an IPO An option for Huffman Trucking to consider for expansion of its operations is going public through an initial...
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...Diversity Strategy for My Organization Managing Diversity and Conflict September 18, 2012 Abstract Diversity in the workplace increases not only as the result of emigrations, but also as a significant expansion of globalization in the market place. These moves allow companies to identify, recruit, and train professionals from a diverse blend of backgrounds, cultures, and styles. Peter Senge in “The Fifth Discipline” states that only learning organizations can sustain in a high level in this highly competitive world. Today’s leaders who work in the global business must create and force the need for change. The task is not to eliminate tension associated with this process, but rather minimize its effects. This paper addresses the subject of diversity. The purpose of this paper is to provide an objective reflection of existing conditions at The Fallen Branch Studio where diversity has made significant improvements in the company’s condition. Diversity Strategy for My Organization The United States of America is the most diverse country in the world. For this reason, diversity is discussed more here then it is in the Europe. Diversity presents both challenges and opportunities for all organizations to compete for an advantage in the global marketplace. Every company looks at diversity from a different perspective. People usually associate diversity with things that they see on the surface such as age, race, ethnicity, language, religion, or sex. However...
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...Model–view–controller (MVC) is a software architectural pattern for implementing user interfaces. It divides a given software application into three interconnected parts, so as to separate internal representations of information from the ways that information is presented to or accepted from the user. The Model View ViewModel (MVVM) is an architectural pattern used in software engineering that originated from Microsoft as a specialization of the Presentation Model design pattern introduced by Martin Fowler.[1] Largely based on the model–view–controller pattern (MVC), MVVM is a specific implementation targeted at UI development platforms which support the event-driven programming in Windows Presentation Foundation (WPF) and Silverlight on the .NET platforms using XAML and .NET languages. Technically different, but similar, Presentation Model design patterns are available in HTML5 through AngularJS,[2][3] KnockoutJS, Ext JS,[4] Vue.js,[5] and for Java the ZK framework (Model-View-Binder). What is garbage collection? Garbage collection is a CLR feature which automatically manages memory. Programmers forget to release the objects while coding ..... Laziness (Remember in VB6 where one of the good practices is to set object to nothing). CLR automatically releases objects when they are no longer in use and refernced. CLR runs on non-deterministic to see the unused objects and cleans them. One side effect of this non-deterministic feature is that we cannot assume an object is destroyed...
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...Integrative Problems and Virtual Organization Strategy FIN/370 Integrative Problems and Virtual Organization Strategy In this paper, Team C will discuss Huffman Trucking Company and recommend a strategy that is best for this company and what will benefit the company the most. It will discuss the strategies such as undertaking IPOs, merging with other companies and ways to get other companies, as a way to help their company to branch out. Some of the other things that will be discussed are the benefits and risks, the advantages and disadvantages of all the approaches that should be taken into consideration for what is the best way to strategy for the business, the strengths and weaknesses of each approach, and the opportunities that each one has to give. Finally, the last thing discussed is the globalization on financial decisions, factors of the exchange rate risks, and the mitigation of exchange rate risk. The one thing that Huffman Trucking Company has is strength and they can use this if they decide to go public through the IPO. By doing this Huffman Trucking will be able to raise extra capital for the company. This will then increase the liquidity of the stocks and it will increase the revenue to invest or it could extend the business. This will give the Huffman Trucking Company an opportunity to market the company to the public to extend the company’s service. This strength is to be able to limit their competition. Therefore, this will increase the business’s...
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...Integrative Problems and Virtual Organization Strategy FIN/370 Integrative Problems and Virtual Organization Strategy The Huffman Trucking Company was founded by K. Huffman in Cleveland, Ohio in 1936 with one tractor-trailer. By 1945 the company grew to 16 tractors and 36 trailers. Some of the most important clients are the U.S. Government, automotive, electronic, and plastic industries. The company has four locations: Cleveland, OH, Los Angeles, CA, St. Louis, MO, Bayonne, NJ (Apollo Group, Inc. 2011). The company grew through the increase of internal sales, and the acquisition of five different carriers from the East. Up until now, this growth has enabled the Huffman Trucking to continue to be privately held. Huffman Trucking now wants to expand operations and is considering three separate options to do so. This paper will compare Huffman’s options to go public, acquire another organization within the same industry, or merge with another organization. Going Public By going public the Huffman trucking company will improve its liquidity, gain more acquisition opportunities, as well as the ability to gain capital at a lower cost ("Going Public Experts", nd). The process of going public is not all beneficial; some of the down sides are the extensive time needed to complete the process. Furthermore, the payments of millions of dollars in fees such as legal, accounting, printing, listing, filing, along with the government fees pay to meet the tough standards regulation...
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