Executive Summary This analysis was undertaken in an attempt to evaluate NonStop Yacht’s strategic direction in the Mega-Yacht industry due to the firm’s consistent inability to meet financial expectations. This case focused its efforts on answering. This poor financial performance has led the firm’s management to question whether or not a strategic alliance might be a beneficial alternative to their current business model. To address the firm’s current quandary, this case has answered the following
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with the equipment? All of these types of decisions would be the result of the organization developing a strategy for how it will conduct its business. All of this translates into Strategic Management with the intended result of gaining a competitive advantage in a business niche. Very simply, developing a Strategic Management Plan means having defined what is the best set of results the organization can attain or what the organization wishes to accomplish (from the Vision and Mission Statements)
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Strategic Quality Management and Customer Satisfaction MGT449 February 28, 2011 Rich Wagner Strategic Quality Management and Customer Satisfaction Strategic planning, as noted in our text, “is the process whereby organizations develop a vision, a mission, guiding principles, broad objectives, and specific strategies for achieving the broad objectives.” (Goetsch & Davis, 2010). Without strategic planning, it is unlikely that an organization will be successful. This is especially important because
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Porter’s Five Forces Analysis To better understand what is exactly pressuring Kodak’s business, Michael Porter’s Five Forces analysis has been chosen. The impact of the different forces on the company is presented as follows: I. Rivalry among competitors - Numerous competitors active in all segments of the imaging industry (rolled films, traditional photography, digital photography, traditional printing, and digital printing). - Faster than expected consumer adoption of the new technology attracting
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Journal Of Financial And Strategic Decisions Volume 10 Number 3 Fall 1997 STRATEGIC ASSETS, CAPITAL STRUCTURE, AND FIRM PERFORMANCE Rahul Kochhar* Abstract Possession of strategic assets is a necessary condition for sustained competitive advantage. This condition is, however, not sufficient. Firms require financial management capability to realize the rents present in their strategic assets. The firm-specific nature of strategic assets implies that they be financed primarily through equity;
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Strategic Marketing Planning SOUTH WEST ARTS MARKETING APRIL 2002 STRATEGIC MARKETING PLANNING Introduction Strategic Marketing Planning is one of a series of publications produced by South West Arts Marketing for South West Arts and Bristol City Council. The guides are intended as an introduction to arts marketing and as a practical guide for artists and organisations working with very limited resources. Further information and advice on any of the topics covered in this guide or any other issue
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Porter’s 5 Forces Analysis = Suppliers, Customers, New Entrants, Substitute Products, Competitors What is Porter’s 5 Forces Analysis? Porter’s 5 forces analysis represents the competitive environment of the firm. It is a strategic foresight to avoid putting the competitive edge at risk and ensure the profitability of products on a long term. For the company this vision is quite important because the firm is able to direct its innovations in terms of choice of strategies and investments. The profitability
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Strategic Plan Belle Villarreal STR 581 February 4, 2013 Amy Ruiz Table of Contents Title Page Cover Page………………………………………………………………………………………...1 Executive Summary……………………………………………………………………………….3 Company Background…………………………………………………………………………….5 Vision, Mission, and Value Statement ……………..…………………………………………….5 Sources used for External and Internal Analysis………………………………………………….6 Strategic Plan……………………………………………………………………………………...7 Implementation Plan………………………………………………………………………………8
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Home (index.html) / Library (allsubjects.htm) / Marketing (allsubjects.htm#marketing) / Strategic Management (strategicmanagementarticles.htm) / Strategy Implementation Meaning and Steps in Implementing a Strategy Strategy Implementation Meaning and Steps in Implementing a Strategy Strategy implementation is the translation of chosen strategy into organizational action so as to achieve strategic goals and objectives. Strategy implementation is also defined as the manner in which
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to provide an opportunity for the critical analysis of a contemporary international marketing issue facing organisations, in order to assess / evaluate the strategic marketing implications of the ‘issue’ for organisations in the development/implementation of their international marketing strategies. Part One The assignment is designed in two equally weighted parts. Select a contemporary international marketing issue for research and analysis. This should be an ‘issue’ that has current
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