...» THE HIGH-PERFORMANCE ORGANIZATION 1989 Sixteen years ago, when Cary Hamel, then a lecturer at London Business Sehooi, and C.K. Prahalad, a University of Michigan professor, wrote "Strategic lntent,"the article signaled that a major new force had arrived in management. Hamei and Prahalad argue that Western companies focus on trimming their ambitions to match resources and, as a result, search only for advantages they can sustain. By contrast, Japanese corporations leverage resources by accelerating the pace of organizational learning and try to attain seemingly impossible goals. These firms foster the desire to succeed among their employees and maintain it by spreading the vision of global leadership. This is how Canon sought to "beat Xerox"and Komatsu set out to "encircle Caterpillar." This strategic intent usually incorporates stretch targets, which force companies to compete in innovative ways. In this McKinsey Award-winning article, Hamel and Prahalad describe four techniques that Japanese companies use: building layers ofadvantage, searching for "loose bricks," changing the terms of engagement, and competing through collaboration. Strategic Intent by Gary Hamel and C.K. Prahalad oday managers in many industries Most leading global companies started with ambitions that were far bigger than their resources and capabilities. But they created an obsession with winning at ail levels ofthe organization and sustained that obsession for decades. working hard to...
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...» THE HIGH-PERFORMANCE ORGANIZATION BEST OF HBR 1989 Sixteen years ago, when Cary Hamel, then a lecturer at London Business Sehooi, and C.K. Prahalad, a University of Michigan professor, wrote "Strategic lntent,"the article signaled that a major new force had arrived in management. Hamei and Prahalad argue that Western companies focus on trimming their ambitions to match resources and, as a result, search only for advantages they can sustain. By contrast, Japanese corporations leverage resources by accelerating the pace of organizational learning and try to attain seemingly impossible goals. These firms foster the desire to succeed among their employees and maintain it by spreading the vision of global leadership. This is how Canon sought to "beat Xerox"and Komatsu set out to "encircle Caterpillar." This strategic intent usually incorporates stretch targets, which force companies to compete in innovative ways. In this McKinsey Award-winning article, Hamel and Prahalad describe four techniques that Japanese companies use: building layers ofadvantage, searching for "loose bricks," changing the terms of engagement, and competing through collaboration. Strategic Intent by Gary Hamel and C.K. Prahalad oday managers in many industries Most leading global companies started with ambitions that were far bigger than their resources and capabilities. But they created an obsession with winning at ail levels ofthe organization and sustained that obsession for decades. ...
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...Strategic Intent G. Hamel and C.K. Prahalad (1989) A Critical Analysis Word count: 1098 Introduction "Give yourself an even greater challenge than the one you are trying to master and you will develop the powers necessary to overcome the original difficulty." William J. Bennett says it in one of his best-selling books. This is proven to be true by a significant number of successful individuals all over the world, but what about an organization or an entity? IPO model reveals that organisation characteristics which make enormous impacts on organisation results are the combination of individual employee’s characteristics. Eventually, the implications of the quote should be true for an organisation. Related to the implications, Hamel and Prahalad (1989) had written an article about their unprecedented concept “Strategic Intent”. Placing the article in a wider debate “Strategic intent” is an ambitious and compelling dream that energises, which provides the emotional and intellectual energy for the journey to the future (Hamel and Prahalad, 1994). The article discusses the term “strategic intent” in a broad range of aspects; however, the main arguments of this article can be transfer into the debate of Resource-based view vs. Positioning. Apparently, the authors in this article incline to the idea of resource-based view. The resource-based view deals with the organisation internal resources and takes advantages of those to construct firm’s strategies (Wernerfelt, 1984)...
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...Cisco Strategic Planning and Strategic Intent Introduction The purpose of this essay is to understand the core concepts behind strategic planning and strategic intent and then to compare and contrast those concepts in regards to the strategies of Cisco Systems Inc. Description of Theories/Core Concepts Strategic Planning Strategic planning is the process of identifying a desired future, then transforming that vision into goals or objectives, and then to establish a set of task lists or sequences to achieve the goals. Strategic planning starts with an end-state then works backwards to the organizations currents state. In general, the strategic planning process begins with identifying the mission and/or vision for the company, then setting up the goals and objectives, followed by analyzing the company’s current state, and then setting up a plan based on the current state to meet the established goals and objectives. Lastly strategic planning calls for the implementation of the plan while getting feedback and establishing controls to keep the organization on track. (Stacey, 2007) Strategic Intent Strategic intent is a different approach although there are some similarities. The main principle behind strategic intent is to establish “an obsession with winning at all levels of the organization and then sustained that obsession over the 10-20 year quest for global leadership.” (Hamel, 1989) Using Strategic Intent to provide the path ahead, organizational leaders...
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...STRATEGIC MANAGEMENT INTRODUCTION: Strategic management analyzes the major initiatives taken by a company's top management on behalf of owners, involving resources and performance in internal and external environments.[1] It entails specifying the organization's mission, vision and objectives, developing policies and plans, often in terms of projects and programs, which are designed to achieve these objectives, and then allocating resources to implement the policies and plans, projects and programs. A balanced scorecard is often used to evaluate the overall performance of the business and its progress towards objectives. Strategic decision-making is done through process of strategic management. PROCESS OF STRATEGIC MANAGEMENT: PROCESS: * Establishing the hierarchy of strategic intent: * Creating and communicating a vision. * Designing a mission statement * Defining the business * Adopting the business model * Setting objectives. * Formulating of strategies * Performing environmental appraisal * Doing organizational appraisal * Formulating corporate level strategies * Formulating business level strategies * Undertaking strategic analysis * Exercising strategic choice * Preparing strategic plan * Implementation of strategies * Activating strategies * Designing the structure, system and processes * Managing behavioral implementation * Managing functional implementation * Operationalizing strategies...
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...The Company Profile: Part of the Bid Process A business presentation is part of the bid process. It comes after you perform a bid/no-bid analysis, and after the decision to send a letter of intent (LOI). Writing the company profile is part of the offer you submit to respond to the call for tender. The content of the offer (and the content of the company profile) usually depend on the call for tender and on the buyer's needs/requirements. The content of the offer is sometimes organized beforehand by the buyer. The buyer may give bidders an official document with all the required criteria and documents. Here are examples of possible criteria for the company profile: official criteria company name head office address company status quantitative criteria number of employees sales figures other financial figures qualitative criteria references success stories certifications Writing a bid and particularly a company profile requires preliminary work: Acquaint yourself with the documents. Try to analyze your business from a strategic point of view. Think about all the components and ask yourself if you're the right applicant. If the answer is "yes," you're ready! Why Write a Company Profile for a Bid? Writing a business profile for a bid is useful for introducing your company to the buyer and creating a positive impression. The buyer must know who you are, whether you're the company that best fits to its call for tenders, and if it can trust you. So...
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...Top Six Data Breach Trends for 2014 April 28, 2014 Article Reference Griffin, Joel. "Top six data breach trends for 2014." SecurityInfoWatch.com. N.p., 10 Jan. 2014. Web. 29 Apr. 2014. Summary This class has been absolutely phenomenal. I have been in the tech industry for about 5-6 years now and just recently started developing iOS apps and websites about 1-2 years ago and am still new and learning each and every day, but I haven’t really ever enjoyed a class this much. I have been reading articles each week for these research papers that are required weekly and due to the requirement of breaking them down and performing a “dive deep” on them, I have really been able to relate what we are learning in school to actual life and real life situations. The article that I choose for this week is from Security Info Watch and it discusses the future of data breaches this year and things that we could encounter over the time frame of this year and next decade as technology continues to grow at the rate it is growing. It compare the big breach with Target and aligns it to other situations that are possibilities with the way we use our technology. One of the big theories that the article through out was that we are going to run into issues with all of this cloud computing and big data and that society is very vulnerable to a big data cloud breach. Apple has started the whole ball rolling with cloud computing storing all of your...
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...Identify the main threats to the security of people, property and premises in a chosen public service People, premises and property: There are many threats to people, premises and property. This distinguishes from accidentally induced threats where there is no deliberate malicious intent to induce damage Whilst all threats aim to cause damage to people, premises or property the type of damage varies. Therefore it is important to understand the objectives of the individual/individuals responsible for inducing the threat. Often this will be done through a terror campaign aimed at causing as much fear as possible. However whilst often indiscriminate there will likely be a particular target it is unlikely that an act terrorism is random, it is more likely strategic as part of a campaign. Therefore for many countries that are at threat from terrorism they have to take into account for many building the threat from terrorism. Therefore it is important to understand the possible objectives behind each threat as they often determine the nature of the threat and its scale Tactics and targets: There are a multitude of different tactics that can be employed to escalate or more precisely use a threat. The sort of threat it is also determines the tactics that will be used. Of course he target itself is determined by who is doing it and the objectives they have, a group anarchists and a group of environmentalist will not have the same target. Therefore all threats to people, premises...
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...| | |The most damaging of the denial of service attacks can be a _______________ attacks, where an attacker uses zombie software distributed | |over several machines | | | | | |[pic] | |Bot | | | | | |[pic] | |Distributed denial of service ...
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...Lab 2 – CSEC630 1. When running Snort IDS why might there be no alerts? When using Snort IDS, there are several modes that if configured properly, will generate alerts. Alerts are set by the user within the command prompt when initiating a rule set. There are five alerting options available with Snort IDS. According to (Roesch, 1999), Alerts may either be sent to syslog, logged to an alert text file in two different formats, or sent as Win-Popup messages using the Samba smbclient program. If there has been no alerts, the selected rule set was set may not have been enabled by the user. Another scenario where alerts may not occur is when another task is being performed. According to (Roesch, 1999) when alerting is unnecessary or inappropriate, such as when network penetrations tests are being performed. 2. If we only went to a few web sites, why are there so many alerts? Snort IDS performs numerous functions that would generate an alert. Alerts are generated based on any suspicious network activity. Although a user may have only visited 5 sites, snort may have generated 12 or more alerts that were generated due to anomalies detected from the 5 sites visited. 3. What are the advantages of logging more information to the alerts file? The advantage of logging additional information within the alerts file is that it can provide additional information as to the origination or source of what caused the alert. If the administrator is better informed on the...
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...LETTER OF INTENT To : MR. GARY SANTOS Mulit Textile Cosporation Anabu, Imus, Cavite From : ENGR. ABET CASALS Green Global Resources Advance Tech, Inc. Liza Compound, Sto. Tomas, Batangas Subject : Solar PPA/BOT Agreement Dear Mr. Santos , We, Green Global Resources Advance Tech, Inc, with official address located at 167 Liza Compound, Brgy. 4, Sto. Tomas, Batangas, hereby make this formal offer with full corporate authority and responsibility, that we are ready, willing and able to build a solar system in your campus. It is with great pride that our 100 % Filipino owned company shall be able to provide to the Philippines the cleanest and greenest alternative source of Energy. The objective of this Letter of Intent (LOI) is to identify and obtain your concurrence that the Customer desires to acquire, and GGR desires to supply, a Photo Voltaic solar project including the scope, system size and cost. ➢ No. of KW Solar System __________ (Solar Capacity) ➢ Installed Operational value of Php 000.00 Pesos __________ (System Amount) ➢ Annual savings based on FIT is Php 000.00 Pesos __________ (Annual Savings) ➢ Lifetime profit after ROI is Php 000.00 Pesos __________ (Savings After ROI) Execution of this LOI will initiate GGR undertaking project development activities, including, but not limited to, feasibility studies, preliminary engineering documents, arrangements for financing and project management...
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...STRATEGIC INTENTS Companies that have risen to global leadership over the past 20 years invariably began with ambitions that were out of all proportion to their resources and capabilities. But they created an obsession with winning at all levels of the organization and then sustained that obsession over the 10 to 20 year quest for global leadership. We term this obsession “ stategic intent.” On the one hand, strategic intent envisions a desired leadership position and establishes the criterion the organisation will use to chart its progress. At the same time, strategic intent is more than simply unfettered ambition. The concept also encompasses an active management process that includes: focusing the organisation’s attention on the essence of winning; motivating people by communicating the value of the target; leaving room for individual and team contribution; sustaining enthusiasm by providing new operational definitions as circumstances change; and using intent consistently to guide resource allocation. Strategic intent captures the essence of winning, stabel over time and sets a target that deserves personal effort and commitment. (Hamel & Prahalad, 1989) Hierarchy of strategic intent includes five types of element ranging from (1) a broad vision of what the organisation should be, (2) the organisation mission , (3) specific goals (4) various strategic objectives (5) spesific plans. (Miller,1998) Stategic Intent An-nisa Tangerang Hospital VISION STATEMENT : To be...
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...3) Strategic intent captures the essence of winning: e.g. The Apollo Program aimed at putting a man on the moon before Soviets (Hamel and Prahalad, 1989:64). In companies that surrendered, senior managers lacked the courage to set goals beyond their reach of planning. Companies need to set goals that generate pressure and enthusiasm for competitive innovation and this cannotbe done by setting goals which are too conservative (Hamel and Prahalad, 1989:76). The Process of Surrender: * Unseen strategic intent * Underestimated resourcefulness of smaller rivals * Unconventional entry tactics made by new entrants to the markets (Hamel and Prahalad, 1989:72). To achieve strategic intent, organizations must take in larger, better financed competitors and carefully manage their competitive engagements so that scarce resources are conserved. Four approaches to competitive innovation: building layers of advantage, changing the terms of engagement, searching for loose bricks and competing through collaboration (Hamel and Prahalad, 1989:69). Establish clear milestones and review mechanisms: this is done to keep track of progress and make sure the challenge is inescapable to every person in the company (Hamel and Prahalad, 1989:68). Give the organization time to digest one challenge before launching another: (Hamel and Prahalad, 1989:67). Provide employees with the skills they need to work effectively: e.g. training them in areas like statistical tools and team building...
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...Strategy and Planning What is Strategy? The term ‘strategy’ proliferates in discussions of business. The term ‘strategy’ is derived from the Greek word ‘stratēgia’, which means the “art of the troop leader”: a plan, course of action, or a set of decisions creating a pattern or a common link. All the successful business enterprises today constantly take in new information about their markets, customers, and operating environments. Then, management uses that knowledge and data to shape new strategic directions, to reorganise how they respond to marketplace demands, and to ensure that their views regarding all aspects of the business are fresh and viable. Strategy is the direction and scope of an organisation over the long-term, which achieves advantage for the organisation through its configuration of resources within a challenging environment to meet the needs of markets and to fulfil stakeholder expectations. What is the difference between Tactics and Strategy? Strategy differs from tactics. Tactics are schemes for specific manoeuvres, whereas strategy is the overall plan for deploying resources to establish a favourable position. An organisation’s strategy consists of the combination of competitive moves and business approaches that managers employ to please customers and achieve organisational objectives. Strategy is a plan or course of action denoting a pattern which evolves a direction for the organisation. It relates to pursuing those activities which move an...
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