...Final Strategic Plan The recording industry, as it exists today, is witnessing reduced profits and high barriers in place for new artists. These barriers occur due to the diminishing profit margins and record labels cautious decisions on offering new contracts to artists. The organization that I will be starting is a digital recording and music distribution company. The company will offer recording facilities and internet distribution at a reduced price to new and existing artists. The recording facilities will provide state of the art equipment, professional staff, and worldwide distribution. The company will rely on the use of strategic management and planning. Strategic management is defined as “development of corporate strategy, and the management of an organization according to that strategy. Strategic management focuses on achieving and maintaining a strong competitive advantage” (CBS Interactive Inc., para. 1, 2009). To put it simply, strategic management is focused on creating a solid framework in which individuals and departments within the business will operate at the highest level possible. This type of management is critical to the long term success of a business or firm due to the reliance on strategic planning. According to InvesterWords.com (2009), strategic planning is defined as “The process of determining a company's long-term goals and then identifying the best approach for achieving those goals” (strategic planning, para. 1). Strategic planning...
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...Rusty Rims IT Strategic Plan Part One 1. Business Statement Rusty Rims (RR) has been in business for over 60 years. They are a distribution and regional transportation company. RR is headquartered in Wilmington, DE with six (6) distribution terminals on the East Coast (Philadelphia PA, Baltimore MD, New York City, Washington DC, Newark NJ and Wilmington DE) that are used for consolidating freight. The company has a staff of 400 employees that include the truck drivers and has 100 delivery vehicles which include 20 tractor/semi-trailer units, 40 box trucks and 40 panel vans. Due to a slow economy, the company’s growth has been stagnant. The President’s goal is to increase the company’s growth by 5% each year and to reduce the company’s expenses by 5%. 2. Business Strategic Objectives a) Provide Warehouse Service: Ability to provide products locally thus reducing delivery times. b) Improve the Percent of Loaded Miles: Coordinate with drivers on pickup and delivery of freight in the same area that the drivers are currently working in/around. c) Track/provide Accurate Delivery Dates & Times: Ability to track and monitor shipments to provide accurate delivery dates and times to customers. d) Track Drivers Hours of Service: Ability to track the number of hours per day for each driver to adhere to the Federal Motor Carrier Safety Administration (FMCSA) regulation. This will increase the safety of the drivers...
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...available on the Internet. What categories of data are difficult or impossible to find on the Internet? (When using the Internet, be sure to provide specific websites or URLs.) NOTE: You cannot use Wikipedia or another type of information-sharing website as a source for the SWOT. For my SWOT analysis, I choose RR Donnelley. They are a printing company that is local to my area. The four sources that I plan to use while gathering information, for my assignment in SWOT: Strengths will be from, (RR DONNELLEY. n.d.), and will include an overview of their services, including the organization owner’s video claiming they are the largest printing company in the world. Weaknesses and Threats I find will be compiled from their annual report, which I found at, (2014 Annual Report, 2015, April). Opportunities will be partly from our textbook, in which RR Donnelley was mentioned in reference to their changes as a part of functional strategies, (Coulter & Robbins, 2014, p 250) I also have a meeting set up with the plant manager, Danelle Wilson, whom I will be interviewing about SWOT. I found that the internal environment has been the hardest to find online for RR Donnelley and I am hoping to gain insight through our interview. Rate, from best to worst, each of the sources you indicated in Question 1 above as being sources you will use in your analysis in terms of its probable reliability. Discuss the steps and/or actions you can take to validate the reliability and accuracy...
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...Rusty Rims IT Strategic Plan, Part 2 Before you begin this assignment, be sure you have read the “Rusty Rims Case Study” and the feedback you received on your IT Strategic Plan Part 1 assignment. Also, be sure you have read the chapters in the textbook that have been assigned to this point. Purpose of this Assignment This assignment gives you the opportunity to apply the course concepts to complete the development of an Information Technology Strategic Plan (ITSP) to support the strategic direction of Rusty Rims Distribution Company (RR). This assignment specifically addresses the following course outcomes to enable you to: identify, define, and explain the concepts of information technology governance and management apply best practices in information technology management and governance to make, defend, and justify an IT decision IT Strategic Plan for Rusty Rims Distribution Company For the previous assignment, you developed Part 1 of an IT Strategic Plan for RR. For this assignment, you will incorporate any needed changes resulting from the feedback you received on your Part 1 assignment and you will add Part 2. Part 2 will include an IT project that you are proposing that RR undertake. This new project will be included in the IT Portfolio section of Part 2, and will be further described in a future assignment, the “IT Decision Paper.” The entire ITSP will be submitted as a single document for this assignment. Assignment First, you should make...
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...PART 4 Fasco Oil and Gas. Statement of work for Project: 1. Background: Fasco Oil and Gas recently approved the designing of the company’s safety manual and also charged the project team with responsibility of conducting a training seminar for all level of staff, as part of its strategic plans to enhance a safe working environment. And also to stop the alarming rates of workplace accident happening in the organization presently. It is imperative that Fasco Oil and Gas utilize this safety Training seminar to build the safety consciousness as part of its organization culture. All new employees are mandated to attend two days safety training during their orientation. 2. Task: The task before the Project group is to designed a safety manual in accordance to OSHA regulations as a ways of reduces the exposure to hazards n workplace and to organize a training seminar to train all level of staff on safety. Some other tasks expected of this project group are: • Locating and labeled emergency exit within the factory. • Placing of fire extinguisher in all strategic corner and training of personnel on how use them. • Purchasing of PPE (Personal Protective Equipment for the company). • Ensuring a tidy and safe working environment. • Design a performance measure for all safety programs. • Organize safety committee and time of their meetings. • Hazards Analysis and prevention • Management of tools and equipment 3 . Objectives: The objective of this safety project is to aligned with...
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...IFSM 301 6382 Foundations of Information Systems Management (2162) Rusty Rims ITSP Part 1 Assignment 1. Business Statement: RR is a regional transportation and distribution company in operation for over 60 years. The company serves major cities in the Mid-Atlantic region. They are headquartered in Wilmington, Delaware and have a staff of 400 employees including truck drivers. There are 6 distribution terminals(Philadelphia PA, Baltimore MD, New York City, Washington DC, Newark NJ and Wilmington DE)for consolidating freight,and 100 delivery vehicles including 20 tractor/semi-trailer units, 40 box trucks and 40 panel vans. The company operates in a highly competitive business environment. Current revenue is about $39 million a year with profit running at 4%. 2. Business Strategic Objectives: * Support Delivery: Support makes up all of the break-fix activity of the IT operations. It is the most fundamental and, in many respects, the most important activity the IT organization engages in. Support includes the help desk and monitoring organizations but also aspects of technical operations, such as system administration, database administration, development, and business process analysts. All aspects of the IT organization provide some level of support back to the business. Support delivery is critical not because it is strategic but because it is the foundation from which everything else is built. Put in simpler terms, if you are in the CEO's office and her personal...
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.................. ............................... ii Acknowledgements ................................ ................................ ................................ ............... iv Analytical Summary ................................ ................................ ................................ ............... 1 Key Findings and Recommendations................................ ................................ ..................... 8 Introduction ................................ ................................ ................................ .......................... 12 Section 1: The Country Specific Context ................................ ................................ .............. 14 Section 2: The Country Programmes’ Strategic Priorities ................................ ..................... 24 Section 3: Institutional Arrangements ................................ ................................ ................... 41 Section 4: Enabling Policy Development and Reform................................ ........................... 57 Section 5: Strengthening Sexual and Reproductive Health Services................................ ....62 Section 6: SRH Information and Education...
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...Rusty Rims IT Strategic Plan, Part 2 IFSM 301 February 6, 2016 Part One 1. Business Statement- Rusty Rims is a regional transportation and distribution company that has been in operation for over 60 years. The company serves major cities in the Mid-Atlantic region. They are headquartered in Wilmington, Delaware and have a staff of 400 employees including truck drivers. There are 6 distribution terminals (Philadelphia, PA, Baltimore, MD, New York City, Washington, DC, Newark, NJ and Wilmington, DE) for consolidating freight and 100 delivery vehicles including 20 tractor/semi-trailer units, 40 box trucks and 40 panel vans. The company operates in a highly competitive business environment. Due to slow economy, growth has been stagnant. John, the president of the company, would like to see growth at 5% per year. He would also like to see expenses cut by 5% to help fund new initiatives. Current revenue is about $39 million a year with profit running at 4%. 2. Business Strategic Objectives- A. Provide warehousing services for customers who want to reduce delivery time to their customers by having product available locally. a. Make sure local distribution is available for customers B. Improve the percent of loaded mile in their fleet to reduce costs by coordinating the pickup and delivery of freight at the same time in the same geographic area b. Increase delivery time c. Increase shipments into and out of the terminals as quickly as possible...
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...Rusty Rims IT Decision Paper Assignment Before you begin this assignment, be sure you have read the “Rusty Rims Wheels Case Study,” any feedback on your proposed IT project from your ITSP Part 2 assignment, and the previously assigned chapters in the textbook. Purpose of this Assignment This assignment gives you the opportunity to apply the course concepts to develop an IT Decision Paper to explain and defend an IT project at Rusty Rims Distribution Company (RR). This assignment specifically addresses the following course outcomes to enable you to: Apply best practices in information technology management and governance to make, defend, and justify an IT decision. IT Decision Paper for Your Proposed IT Project For your ITSP, Part 2, you proposed an IT project for RR. Carol, the CIO at RR, has asked you to write an IT Decision Paper to explain your proposed project. She wants to use the Paper to gain approval from the Governance Board to move forward with the project. This assignment uses a format for a Decision Paper that has been tailored to the course material covered in this class. You may work for an organization that has a format for IT decision papers, and it would be a good idea for you to take a look at it, but it will likely be structured a little differently from this one. Each organization develops tools and techniques that will work for them. Assignment You will develop an IT Decision Paper, using the outline below. Each of the topics to be...
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...progress toward their achievement. Focus is on the concept of innovation in business, including the introduction of new market offerings and the use of new technologies, strategies, and tactics for achieving marketing objectives. An integrative approach combines discussions on theory of marketing management with industry analysis and practical implications. Assignments include the design and marketing of innovative products, analysis of the application of modern marketing strategies and tactics using examples from participants organizations, and practicing a holistic approach to marketing management. Course Goals/Objectives At the end of this course, students should be able to: 1. Assess the role marketing plays in an organization’s strategic planning. 2. Analyze the concept of innovation and its implications for business development. 3. Analyze consumer needs and behavior and how they affect an organization’s ability to deliver superior value to 1 of 18 7/31/2012 9:06 PM http://tychong.umuc.edu/wws/showSyllabus.jsp?sectionTitle=all 4. 5. 6. 7. 8. 9. 10. customers. Identify the range of...
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...to manage – the wider social and environmental consequences of their actions, beyond the requirements of the legal and regulatory settings in which they operate” (Charles River Center, 2008). Thus it is important for Charles River Printing (CRP) to include this concept into its sustainability vision and mission in order to make it as part of their daily operations and grow as a responsible company. To build the strategic planning practices (SPP) for CRP it is important to develop action plans, the timeline for its planning; the level of stakeholder engagement; the governance structure; risk assessment and mitigation plans; and most importantly measure its progress (Pojasek, 2013. p.1). While doing this it is important to integrate the policies and strategies with respect to the economic sustainability, social responsibility and environmental stewardship of the company. Moreover, the goals have to be aligned with the mission, vision and core value of the company and vice versa. The first step is to develop the SPP would be to understand that of its parent company RR Donnelley. The plant manager should try to align the SPP of CRP with the parent company to have a common methodology and then improvise the strategies, while keeping in mind the long term goals of the company. CRP can follow international performance frameworks that will help them measure their path to excellence, understand the gaps, and discover solutions regardless of sector, size, structure or maturity. It...
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...activity is available for CME credit. See page A3 for information. Background: Increased attention has been focused on health disparities among racial/ethnic groups in the U.S. Purpose: To assess the extent of progress toward meeting the targets of Healthy People 2010 objectives and eliminating disparities. Methods: All diagnoses of AIDS during 2000 –2009 among people aged Ն13 years in the 50 states and District of Columbia, reported to national HIV surveillance through June 2010, together with census population data were used in this analysis (conducted in March 2011). This study assesses the trend in racial/ethnic disparities in rates of AIDS diagnoses both between particular groups using rate difference (RD) and rate ratio (RR) and across the entire range of racial/ethnic subgroups using three summary measures of disparity: between-group variance (BGV); Theil index (TI); and mean log deviation (MLD). Results: The overall racial/ethnic disparity, black–white disparity, and Hispanic–white disparity in rates of AIDS diagnoses decreased for those aged 25– 64 years from 2000 to 2009. The black–white and Hispanic–white disparity in rates of AIDS diagnoses also decreased among men aged Ն65 years; however, the black–white disparity increased among young men aged 13–24 years (BGV: pϽ0.001, black–white RD: pϽ0.01) from 2000 to 2009. Conclusions: Findings indicate overall decreases in racial/ethnic disparities in AIDS diagnoses except in young men, particularly...
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...FIDUCIARY DUTIES AND OTHER RESPONSIBILITIES OF CORPORATE DIRECTORS AND OFFICERS Morrison & Foerster LLP Christopher M. Forrester Celeste S. Ferber RR DONNELLEY EZ START XBRL We Tag. You Validate. We File. With the release of the proposed rule, the SEC will require the use of XBRL for financial reporting starting as early as 2009 for some companies. RR Donnelley is uniquely qualified to give you guidance on how your company can prepare for the SEC mandate. As the market leader in XBRL filings, we have been helping leading companies successfully tag and file XBRL financials since the inception of the SEC Voluntary Filing Program. RR Donnelley’s proven EZ Start XBRL full-service solution is designed to save you crucial time. With EZ Start, we do the initial tagging for you, reducing the time spent mapping and validating XBRL tags to under ten hours. Our goal is to transfer knowledge to your financial team to ensure a firm understanding of the taxonomies, mapping process and SEC requirements. To learn more, visit www.tryxbrl.com. FIDUCIARY DUTIES AND OTHER RESPONSIBILITIES OF CORPORATE DIRECTORS AND OFFICERS MORRISON & FOERSTER LLP Christopher M. Forrester Celeste S. Ferber RR Donnelley Global Capital Markets Copyright© 2008 Morrison & Foerster LLP (No claim to original U.S. Government works) All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic...
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...CPA Mock Evaluation CFE, Day 1-individual certification related to Capstone 1 Case Page 1 Cap 1 Background Information Mission is the same: Arndt Industries Ltd. (AI) is committed to manufacturing innovative, quality products Under the current company structure, each company acts as its own investment centre (lots of independence to operate). All divisions (except Engineered Products) and corporate continue to be managed by family members. Some shareholders wanted to sell shares within the family. As well there was an openness to the idea of private equity or IPO. (Catherine’s comment in the Board Meeting) A formal succession plan was deemed important. The corporate office must approve all external financing (i.e. borrowing outside the operating lines of credit). Additionally, under current policy, capital investments over $1.5 million must be purchased with long-term debt rather than by using the operating line of credit and must be approved by the corporate office. The bank is willing to provide up to $50 million at an annual rate of 7.5%, to be repaid monthly over a period of 15–25 years, as long as the following conditions are met: 1. A minimum return on assets of 10% (calculated using after-tax income and total assets); 2. A maximum ratio of debt to tangible net worth of 2:1; and 3. A minimum current ratio of 1.5:1. Any long-term loans for expansion must be renegotiated every five years. Due to a long standing relationship with the bank and a history...
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...class discussion rather than to illustrate either effective or ineffective handling of an administrative situation. Copyright © 2015 S V Gudmundsson, Toulouse, France. Global Partnering: The Boeing 787 Dreamliner Story? C28-1-2015-1.1 "In retrospect, our 787 game plan may have been overly ambitious, incorporating too many firsts all at once -- in the application of new technologies, in revolutionary design-and-build processes, and in increased global sourcing of engineering and manufacturing content." Boeing CEO, Jim McNerney Speech in the Wings Club of New York on November 11, 2014 When giants learn to dance The world's second-largest commercial aircraft-maker, Boeing a Chicago-based aerospace giant, was founded in 1916 in Seattle by William Boeing. In 2013 the company earned $86.623 billion in combined sales for defense and commercial aircraft divisions. The U.S. aerospace industry achieved $273 billion in sales in 2013.1 All told, Boeing and its subsidiaries employ 168,000 (160.000 in 2009) people. Boeing is the 24th largest U.S. employer, including private companies and government. Boeing, with almost half of its workforce located in Seattle, was adamant that modern economics dictate a new strategic model for the company, one that is conducted in a global marketplace. Change seemed inevitable for a truly international company with more than two thirds of its commercial aircraft order backlog from international customers. The way business is done in this environment...
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