Essays on Strategic Management

Business Audit: Coca Cola

Business Audit: Coca Cola

Executive Summary

This report takes a look at the business audit of the Coca-Cola Company. After introducing the audit, a brief background of the company is given. This is followed by a macro-analysis of the company. This analysis deals with the management tool i.e. PESTLE which details Coca Cola’s political, economic, social, technological, legal and environmental analysis. This is followed by a micro-analysis i.e. the financial data relating to Coca Cola. The competitor analysis of the company is next in line. This includes the strategic groups in Coca Cola’s line of business. A perceptual mapping ...

Introduction

Genting Singapore is an international hospitality company that deals with integrated resort development and gaming (Genting 2017). Specifically, the company builds integrated resorts and runs casinos as its core business. It also consults for the hospitality industry businesses and investments in the area of sales and marketing support. Besides, it offers information technology services such as software development, systems integration and maintenance among others. Its markets of operation include Singapore, Malaysia, Philippines, the Bahamas, Australia and the UK. The company that began as Genting International was first listed on the Singapore Securities exchange in 2005. It acquired the Stanley ...

Success and achievement of the dreams and goals do not tend to come by accident, but rather as a result of great efforts and strong determination. The starting point to self-realization and personal fulfillment is by no means self-awareness, understanding of personal values, strength, and weaknesses, as well as identifying one's passions and interests in a certain professional field, on the basis of which certain goals are defined and set. Thereby considering one's life as a project and reflecting on some core issues in self-management is by far essential activity for anyone who strives to advance in one's life ...

Introduction

Under Armour is the brainchild of Kevin Plank who initiated the company in 1996, which has grown to a multi-billion business venture operating in the American market and producing accessories and sports clothing. It is among the largest suppliers of casual and sportswear apparel in the Americas. The company is headquartered in Baltimore, Maryland with franchises across Houston, Austin, Denver, Texas, New York and other major states in North and South America. Further, Forbes notes that Under Armour’s core business is the manufacture, marketing, and distribution of branded sports apparel including footwear, accessories for men and women and ...

How Completing the Objectives Support Success in Management

Accomplishing the goals is critical as it ensures an understanding of how the organizations are structured which, will inform an understanding of the operations that will contribute to success in business management. Accomplishing of the objectives will ensure the ability to analyze different business situations and position the companies to gain competitive advantage. The achievement of the objectives enables the business managers to align the financial performances of the business with the market realities to create products that address the special needs of the customers (Van Wijngaarden, Scholten, & van Wijk, 2012). Accomplishing the objectives further ensures that the business ...

1.1 Analyse culture in an organisation Organisational culture are the values, attitudes and practices that contribute to the “unique social and psychological environment” within a business, or organisation (“organizational culture” 2016). Needle (2004) notes that this is a complex process of creating collective values through shared history, understanding of market, hiring and firing of employees, management style, vision, norms, systems, symbols, language use, beliefs and habits. This allows for a set of shared assumptions, which increase the sense of teamwork, and establishes the pattern of collective behaviours and behavioural expectations within an organisation (Ravasi and Schultz, 2006). Successful companies, ...

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POSTGRADUATE DIPLOMA IN BUSINESS ENTERPRISE

Southern Institute of Technology 2016

List of Tables 3

Section 1. Introduction 4 1.1 Purpose of the proposal 4 1.2 Research Aim 4 1.3 Research Questions and Objectives 4 1.4 Research hypothesis 5 1.5 Background and overview of business 5

Section 2. Literature Review 6

2.1 Introduction 6 2.2 Micro and Macro-Economic Indicators and Business Confidence 6 2.3 Recent Trends, Strategies and the Market Potential 7 2.4 Consumer Preferences 8 2.5 Conclusion 9

Section 3: Methodology 9

3.1 Introduction 9 3.2 Secondary Research Method – Literature Review 9 3.3 Case Study 10 3.3.1. Research Design 10 3.2.2. The Sample 11 3.2.3. The Process 11 3.5 ...

Introduction

Leadership skills are critical in situations where a firm intends to conduct a succession of its leadership on a periodic basis. Leadership competencies are necessary skills in ensuring a smooth flow in leadership succession and in the development of the potential of the employees who will help an organization attain its vision (Delbridge, et al. 2007, p. 42). The current trend is characterized by seasoned managers and leaders who are retiring from their business ventures thereby creating a gap that needs to be filled through practical leadership training and mentorship. The aim of this paper is to examine the ...

Introduction

The economic and social wellbeing of the society depends substantially on an effective and efficient performance of organisations. Management and leadership activity in the United Kingdom organisations becomes necessary, and the weakness and opportunities that exist should get addressed to realize a further advantage based on enhanced performance (Goetsch & Davis, 2014). Thus, excellent and adequate management and leadership skills are essential tools to achieve the best in organisations. The current ideas of the nature of leadership and management have evolved significantly over several decades to encompass new ideas including emotional intelligence, especially in organisation and planning (Giacalone & Rosenfield 2013). ...

Introduction

The Marriot International and Renaissance Long Beach Hotel has come under fire after the hotel received a lawsuit from two women over alleged sexual harassment claims. Luz Cuevas and Teresa Evangelista allege that different employees working for the hotel sexually harassed them on more than one occasion and that female workers from the Latin region have on several occasions been the targets for physical, emotional, verbal and sexual harassment by senior employees at the Marriot Hotel. The two women filing the lawsuit against the hotel are Luz Cuevas and Teresa Evangelista who work at the hotel as an on-call ...

Module Code

Background Business Situational Context Hilton London Bankside is one of the Hilton hotels and resorts that offer hospitality services in the UK. It is accessible from London Bridge and equipped with state of the art facilities to increase its competitive advantage. The resort operates in a highly competitive environment which consists of other Hilton hotels. Nevertheless, product differentiation helps the hotel to compete favorably and maintain high profits. The goal of Hilton London Bankside is combating the high demand for rooms and offering its clients a comfortable stay. It offers complimentary services including fitness facilities and team building opportunities. ...

Literature Review

Overview The research question is essential for any study; as it will enable the researcher to focus on a particular subject to do research. The research question for this study is the effect of direct communication between the CEO and the employees when it comes to Job satisfaction. The question allows the researcher to focus on the concept of job satisfaction, internal communication the roles of both the CEO and the employees, and the factors that influence communication enhancement. Internal communication is the frequency of interaction between the upper level of management and the lower level of management (Bloom, ...

Strengths of Sofitel Hangzhou Westlake 4

Weaknesses of Sofitel Hangzhou Westlake 6 Opportunities which Sofitel Hangzhou Westlake can Exploit 7 Threats to which Sofitel Hangzhou Westlake is Exposed 7 3.0 Strategy Proposed 8 4.0 Critical Evaluation of the Problems Identified 8

Using Six Hats Thinking Approach for Problem Solving 9

Blue Hat 9 White Hat 9 Red Hat 10 Black Hat 10 Yellow Hat 10 Green Hat 11 Application of Mintzberg’s Theory at Sofitel Hangzhou Westlake 11 Interpersonal use of Managerial Skills 11 Informational Role of Managers to Solve Problems 12 Decisional Role of Managers for Dealing with the Issue 13 5.0 Conclusion 13

References 14

Strategic Management Analysis of Sofitel Hangzhou Westlake in China ...

Background

The Chinese market is characterized by a population, which is vibrant and large enough to facilitate and ensure the growth of businesses in China. The coffee consumption market is one, which has been on an increasing trajectory in terms of increase in the number of consumers for the product. The culture of the consumption of the product was increased by the presence of Starbucks a western franchise that delivers coffee in various parts of the world, and which has been the highest force of competition for Maan Coffee franchise. However, the greatest problem affecting the business entity associated with ...

EXAMINING THE IMPACT OF SOCIAL MEDIA ON THE MARKETING STRATEGIES IN SMALL AND MEDIUM FIRMS. THE CASE OF GUERRILLA MARKETING APPROACH.

I: Introduction

The changes in the contemporary business landscape are driven by a variety of factors. External environment places more and more challenges for the companies, as they grow international, internationalize their chains and adopt new technology in thi relashionships with suppliers and customers globally. The external environment of a company is comprised of political, economic, social, technological, environmental and legal factors. Each of them has the significant impact on the ways modern companies conduct their business and build their ...

BUSINESS LEVEL AND CORPORATE LEVEL STRATEGIES

BUSINESS LEVEL AND CORPORATE LEVEL STRATEGIES

Introduction

Amazon.com is the world leading e-commerce websites that took advantage of the internet boom in the 90’s. Through the cautious development of the company’s global strategy, it has turned into a force to reckon regarding leveraging assortment of services and products and creating customer value through affordable products. Both the corporate and business strategies employed by Amazon from its inception match the internal and external environments without which its global footprint would be thwarted. Currently, Amazon is the largest online retailer with net sales amounting to $107B and gross profits of $ ...

Executive Summary

Nutella’s has been very successful in the UK market with the brand becoming a leader in sweet spread market with a share of 36 percent. The success of the brand in this market could be attributed to the company’s long experience in the UK. However, the brand’s future in this market is threatened by the perception that Nutella has saturated fats and sugar. Hence, it is important for Ferrero to investigate this problem and come up with a communication strategy that will change the image of the brand in the eyes of the current and potential ...

Introduction 3

Overall Analysis 3 SWOT Analysis 4 Marketing Mix 7 Financial Position 9 Conclusions 10 Recommendations 11

References 13

Strategic Management at Café de Coral Holdings Introduction The food industry is a promising one with growth potential. This is even same in the case of the fast food industry. The concept of eating out has established itself all over. One reason for this is the fast-paced life of the modern world. People are becoming more adventurous in terms of trying out newer cuisines and constantly looking for variety. The Strategic Management of one such company, the Café de Coral Holdings Limited (Listed ...

INTRODUCTION

Tourism and hospitality have formed one of the world's fast growing industry and expanding at a rapid pace. It is an appealing industry that positively contributed to economic growth of developing and developed countries. The hospitality industry remains the intensive key resource of tourism, hotel such as Waldorf Astoria Beijing takes up the corporate responsibility to balance the social, economic and sustainability needs of their business as well as the communities. This hotel has been awarded Traveler's Choice Awards: - Trip Advisor in 2013 (Waldorf Astoria 2016). If these hospitality industries do not support tourism then a negative impact ...

Following the guidelines of the course ID guidelinesStudent’s NameUniversity

Introduction The reported paper has been presented to influence the strategic direction and goal-setting of Blossoms Up Corporation. Currently, Seth Smith, the CEO of the organization has thought out some changes to the ongoing management strategy to transform the business. By identifying the organizational goals and objectives, the preliminary report has been structured to discuss the new set of direction impressive for Blossoms Up’s future success. Affirmatively, the role of human resources to influence the strategic management of the firm has been clearly stated. On the other hand, the cultural considerations fulfilling the new set of strategic goals ...

Strategic Management Process is not only a set of rule that is required to be followed in sequence but also about embracing a philosophical approach towards undertaking business actions. An organizational management strategically envisions the business objectives and defines goals. A strategic management process is considered to be effective if it is perfectly aligned with the core business strategy (Clayton, 2015). Three key components of Strategic Management Process (SMP) are Analysis, Strategic Actions, and Performance that are also collectively called ASP model of SMP. Analysis: At this stage, all the information gathered is getting refined, assembled, and shaped for ...

Coca-Cola is the dominant market leader in the manufacture and distribution of refreshments and beverages. It produces over 4300 brands of sparkling, diet and still beverages. The company targets the market in seven key segments including Asia Pacific, Eurasia and Africa, North America, Europe, and Latin America. These market segments are designed to meet market-specific needs such as delivering broad-based products, developing consumer needs and implementing packaging strategies to respond to consumer needs, meeting affordability needs and enhancing market investment levels. According to the Forbes Magazine, Coca-Cola has a net-worth of $ 192.8 billion, return on equity of about 23.41% ...

Strategic Management Plan 3

Introduction The McDonald’s Company is mostly known for offering its regulars great fast-food choices as well as making excellent hamburgers. As a company that operates within a very competitive environment, it implements effective strategies to ensure that it maintains a competitive edge in the market. This report discusses some of the important elements that encapsulate the strategic management plan of the McDonald’s.

Strategy Implementation

The McDonalds as a business firm is very keen on the strategies that it uses to achieve its goals and objectives. This company has laid down specific long-term goals and objectives that need to be ...

Introduction

Contemporary organizations in the food industry, including food manufacturers, distributors and retailers are looking for the ways to incorporate sustainable processes and Corporate Social Responsibility (CSR) into the global and local supply chains. One of the critical elements of any operational activity is the logistics, which has a significant influence on the external urban and natural environment. Importantly, companies are becoming increasingly concerned with the negative impact of transport logistics and the levels of CO2 emissions in inbound and outbound logistics. This increasing awareness and focus of the companies on sustainable logistics practices is a result of the primarily ...

The Effects of Globalization on Strategic Management Planning

Nowadays, globalization is one of the inherent element of the 21st century and a great factor influencing many business strategies all over the world. According to Karl Heil, globalization “refers to growth of trade and investment, accompanied by the growth in international businesses, and the integration of economies around the world”. Richard Lynch claims that globalization within business framework is viewed in consideration with its two major characteristics: an increase of interdependency between different countries and it is multi-faceted quality with diverse business aspects (Lynch, 2014). As it is claimed that “the key to understanding the emerging world view ...

Assignment 5: Capstone

Abstract Dell Inc. deals with manufacturing and selling of personal computers and other computer accessories. Turbo PC was the first product produced by Dell Company, which has experienced gradual growth since its foundation. Various strategies and policies have led to the success of the multinational company over the years. Therefore, the paper covers the effect that the mission, vision, and primary stakeholders of Dell has on its success. It highlights the effect of the six segments of the environment on both the firm and the industry. It also focuses on the SWOT analysis and five (5) forces of competition ...

Introduction

Strategic planning can be defined as the process by which an organization creates a guiding document used in directing a business from its current position to meeting its future goals in the most efficient way possible. Therefore, the tool helps the management to identify the current traits of the business and generates a vision that indicates the future goals of the firm. Strategic planning assists in determining the strategy through which future goals of the company can be met. It is worth acknowledging that strategic management is an important tool used in the management of health care organizations. The ...

Management

The nature and scope of strategic management has been fundamentally transformed by neoliberalism. Discuss.

Introduction

It must be brought to light that modifications and changes in the social and political system in the external environment can certainly bring changes in the way businesses and institutions work. This is because the field of management and business is strongly influenced by the changes taking place in the external environment. When political scenario undergoes radical changes and social movements begin to rise, then the way management in business is being carried out also undergoes some form of modification to keep up with the ...

Strategic management is the act of maximising the efficiency of firm internal functions while at the same time, making optimum use of the external opportunities that the company may realise in the market. Strategic innovation in the management design is an important asset that allows companies to gain competitive advantages over their competitors. It is important to note that every company is unique in the internal and external factors with which they have to deal (Jeyarathnam, 2008). The increase in innovative management strategies has led to a continually and rapidly changing industries and target markets. However, there are some ...

Introduction

Human Resource Management a distinctive approach to the employment management consist of two main forms of existence – one is in academic discourse and activity and other is in form of practice in organizations to employ people and have employment relationships. Human Resource management gains a competitive advantage where the value of the service is determined by the quality or how close it fits into customer needs. Establishing the human resource practice has a positive influence on company’s bottom line. Human Resource management builds a commitment, productive workforce and takes up the responsibility in increasing the employee engagement and ...

Identify the key external and internal strategic issues and forces impacting upon WGF.

William Garden Furniture is a small business that is owned and established by Martin William twenty years back. Since its origin, Mr. William is the managing director and sole owner of the business. William Garden Furniture principally serves the high-end customers and manufacturers up-market wooden chairs, tables, and benches for gardens. William Garden Furniture had fought very hard to develop a sound market reputation, and the underpinning factor for its success is its highly skilled craftsmanship. Unfortunately, after 8 years of its start-up, William Garden Furniture started encountering a number of internal and external strategic issues that are still ...

EXECUTIVE SUMMARY OF THE PROJECT

EXECUTIVE SUMMARY OF THE PROJECT The document consists of a Project proposal for a new startup company in the United States of America. The new start-up will be named Everyone Walks Inc. The company will have the objective to offer mobility solutions to its clients with a wide variety of products as mechanic and electronic wheelchairs, crutches and other devices to people with mobility limitations. The future organization will be established in the United States of America with the intention to exploit this market first and then expand to other countries in the world. The hospitals, malls, and airports ...

Within the economic environment, the production possibility frontier theory reveals that companies and countries are limited to a specific volume of production especially with the type of technology available to them (Becerra, 2009, p.12). Huff et al. (2009, p.81) revealed that countries usually have a limited number of products that they can produce within their manufacturing facilities due to raw materials, labor, and manufacturing overhead constraints (Huff et al., 2009, p.81). Therefore the maximization of the production possibility frontier of each country or firm is primarily based on the available resources as well as its production experience (Becerra, 2009, ...

Part 1: Question A

In order for Canadian organizations to be able to choose a system over another to implement or achieve its strategic human resource management goals, then it must adequately understand the process of strategic management and the strategic human resource planning. First, the concept of strategic management is deemed to be collection of current activities or processes of the workplace that specifically intends to systematically coordinate, or align the firm’s resources with the company’s mission, strategy and overall vision . The activities are then allegedly transformed into a static plan that will provide performance feedback for decision making. The ...

SWOT Analysis

The SWOT analysis is a tool used in the evaluation of the internal environment, where the organization conducts an analysis of its strengths, weaknesses, opportunities and threats. The Sony retail company in London has low product diversification, making it vulnerable in the face of the businesses that have a broad range of goods. The threat posed by the competitors is real. Many players in the DVD/CD and video games market have emerged, and the management is concerned that it is becoming extremely hard to retain dominance of the market (Williams and Chinn, 2010, P.426). Several Substitute products are available ...

Internal and External Company Examination

Singapore Telecommunications Limited is a Singapore based communications company that provides integrated infocomms technology solutions to global customers (Yahoo, 2016). The company has three operating segments, which includes the Group Enterprise, Group Consumer, and Group Digital Life (Yahoo, 2016). The Group Enterprise segment offers services that cater to business consumers such as cyber security, cloud computing, fixed voice and data, mobile, managed services, and IT and professional consulting (Yahoo, 2016). On the other hand the Group Consumer segment offers end-consumer services such as pay TV, voice, fixed broadband, mobile and equipment sales (Yahoo, 2016). The Group Digital Life offers ...

Innovation

Executive summary Business organizations have implemented and embraced different organizational strategies that have contributed positively to the performance, and general business productivity. Product innovation strategy has been one of the strategies used to improve product performance and increase sales within an organization. Innovation models are important features of a successful organization. Advanced technology has led to the use of improved business strategies in increasing productivity and performance. Business organizations have embraced different changes in the social and technological aspect to provide products and services suitable for customers. Multiple innovation models may be incorporated into the business strategy to provide ...

Executive Summary

In general, the diplomas mentioned in the paper below have brought revolutionary changes to my personality and mind-set. They have broadened my vision and changed my attitude towards certain concepts in certain ways (that I have explained in the later parts of the assignment). I feel to have some inborn qualities relevant to the subjects that I took up and these courses have helped me polish my skills and expertise, and update my knowledge. As the course progressed, I could feel my development as a learner stage by stage. My teachers, supervisors, and group fellows have come in as ...

Executive Summary 2

Introduction 3

Coca-Cola Vision and Analysis 5 Coca Cola’s Values and Analysis 7 Alignment of Coca Cola’s Mission, Vision, Values, & Goals with Stakeholder’s Interests 8 Recommended Changes 8 Conclusion 9

References 9

Executive Summary The purpose of this report is to discuss a strategic management process via critical analysis and evaluation of the Coca Cola Company’s vision, mission, goals, and objectives of the organization. From a review of each statement, a determination will be made concerning the need for improvement or if the organization is on target and simply needs to make an adjustment relative to the ...

CONCLUSION

5. Conclusion The research was conducted complying with a predefined set of tools, techniques, and methods. It was accomplished without exceeding the limit of time and other resource allocated for this purpose. This chapter sets out to throw light as to what degree the study has succeeded in meeting research objectives and how it can be applied to managerial level. It is followed by detailed identifications of future prospects of research based on the current study. Finally, the researcher draws attention to some of the drawbacks of the research project along with an assessment of their impact on overall ...

The City and State

The Role of Project Management in Today’s Business Environment The term project refers an individual or collective endeavor for achieving planned objectives in the form of output, profits, or products. Project Management systematically plans the tasks in hand to get desired aims. It provides project owners set of tools for planning, implementing, and executing specific activities to meet organizational objectives . In modern day business environment, project management is focused on results-oriented management style for establishing collaborative relationships among a wide range of characters (Gray, 2011). The project management is not restricted to limited industries and business practices like ...

Project Management

A project is a temporary undertaking that is meant to create a unique product and service that can be used to satisfy the needs of the customers. Project management is the process of setting the objective of the project, preparing the project plan, mobilizing the required resources for the project, and executing the project plan to attain the intended outcome. Project management plays an important role in today’s business environment because it ensures that all the business processes and programs are well planned and managed to produce the best outcome for the organizations’ clients. Project management is considered ...

Introduction

With globalization, organizational management is influenced by both internal and external demands, innovation and new economic paradigms. The new setting requires that organizations ought to grow, acquire new knowledge and reframe their central operations to meet the new demands (Qiu, Donaldson, & Luo, 2012 p 95). Therefore, the new paradigm is based on system approach, change in technology and the way knowledge is managed at the respective firms. For the purpose of this study, the organization that will be analyzed is Coca-Cola Company, which is a multinational organization. The organization operates in different countries across the globe and is characterized ...

Background

Globalization and internationalization of the businesses have had the tremendous effect on the activities of the modern corporations (Sadler, 2003). According to The Guardian (2015). 2015 Gates Annual Letter predicts that the next 15 years will be driven by innovation in technology or innovation focused on giving access to the technology to a larger population and obtaining higher data collection and transformation speed along with the development of technologies and innovative solutions, aimed at vertical and horizontal business integration. That said, Accenture Technology Vision 2016 report outlines the major business technology trends for the near future: intelligent automation, liquid ...

Imperial Oil, founded in 1880 is a giant petroleum producing company, with its headquarters located in Calgary, Canada. It is the second largest integrated petroleum company in Canada and has registered a phenomenal growth since its inception. Its operations consist of exploring and producing oil, manufacturing and distributing petroleum products for energy sources, producing chemicals for industrial and domestic use through innovative and sustainable technology. ( Annual report, 2016) reports a cash generation of $22 bn from operations only during 2010-2015. Its performance can be evaluated from the growing dividends paid to its shareholders in last 21 consecutive years. Imperial ...

In the contemporary recent era, McDonalds has acknowledged the biggest food chain of hamburgers and related fast food items. McDonalds assert that above fifty-eight million individuals fond of junk foods show their presence in the outlet and consume burgers and fries. The historical background of the company initiated in 1940 when two brothers namely, Richard and Maurice McDonald, inaugurated a restaurant in San Bernardino, California. During the year 1948, the “Speedee Service System” was introduced, which was considered as the principles of modern food chain globally. However, the company remained small-scale for another half decade (McDonalds, 2016). In April ...

PPQ Parts Strategic Plan

Introduction: Environmental Scanning Environmental scanning is defined as the watchful and diligent monitoring of a company’s internal and external settings. It opposes to the concept of ‘surveillance’, which is restricted to a focused goal or a particular sector (Black's Law Online Legal Dictionary). The early detection of both threats and opportunities is crucial to underpin a company’s strategic planning. Such growth is unlikely to be supported by its United States operations, where its 5,000-person workforce is employed. Management acknowledges such fact and has determined that new international facilities will be necessary. Furthermore, a high level of ...

Mission Statement

Strategic planning in an organization is an important management function. It seeks to define the evolution of an organization in order to make its structure and management more suitable to the market needs which ultimately help it achieve its objectives (Hill and Jones, 2008). Mission statements play a key role in the success of such strategic plans as it helps to communicate the purpose of the organization to employees and other stakeholders. An organization’s purpose as defined in the mission statement consists of the target market and the contribution a product will make to the society. By communicating ...

Executive Summary

The raise of popularity of the product introduced by the company highly depends on the marketing strategy applied. The Company The enterprise per se which is to create its digital marketing strategy in order to get advantage on the market is engaged in additive manufacturing trying to popularize mass 3D printing. The former is advertised as the instrument which can provide people with both professional tools and toys. The company ‘3D Printing & Home’ has already become a sensation in wide circles, as the items it offers used to be always respected only by certain categories of society, but not ...

Abstract

Undeniably, the major objective of most organizations is to achieve business growth. Since the business environment has increasingly become competitive, the need to set strategic growth objectives has become essential. Thus, strategic management is needed in all business organizations to facilitate the setting and realization of their goals. The profitability of most companies coupled with the ease of market entry is one of the main causes of increased competition in the market for various products and services. Entrepreneurs identify the weaknesses of an organization in terms of production, delivery, and provision of essential services and improve on these areas ...

Southwest Airlines

Southwest Airlines is the largest low-cost airline in USA and the 3rd largest carrier in the world (as per the number of domestically carried passengers). It was founded in 1971 and headquartered in Dallas – Texas. The airline operates an average of over 3,800 flights every day. Southwest Airlines offers its scheduled services to 40 states and 98 destinations. Its fleet size has reached up to 72 aircrafts that are comprised of Boeing 737s. (Dess et.al, 2014).

Mission Statement of Southwest Airlines & Its Appropriateness

The mission of Southwest Airlines is, “Dedication to the highest quality of Customer Service delivered with a sense of warmth, individual pride, ...

Marchant (2013) wrote the article Management Accounting in the 21st Century: A Profession for Which the Time Has Come, about the growing importance of management accountants in the new century. The author indicates that the twenty-first century has witnessed the emergence of an economy based on the information age, in which knowledge is a primary source of competitiveness. As the boundaries of traditional industries become a blur, there is a new level of demand for the skills of today`s accountants (Marchant, 2013). Marchant (2013) underline the importance of developing an analytical ability, by assembling a team of professionals ...

Abstract

This paper is about the strategic management and strategic competitiveness of an organization. Apple Incorporation is an American-based multinational corporation, which is mainly involved in designing, development, and selling computer software, consumer electronics, online technological and user-based services. Apple Inc. is currently the largest information technology company across the globe and second largest phone manufacturer in the world. It relishes a superior brand loyalty and as per 2014, it was the most valuable brand with an approximate valuation of US $ 118.9 billion. The paper discusses how globalization drastically influences the business style, capabilities, proficiencies, expertise, and overall business performance ...

Rio Tinto was a prominent entity with market leadership in global market leadership until 2010. The company had been considered for offering sustainable management practices related to mining for more than two decades. Mr. Sam Walsh, the Executive Director and Chief Executive Director of Rio Tinto Iron Ore Group addressed Australian-Japan Cooperation Committee in 2009 regarding significance of climatic alterations in mining industry. Stating, that there is a need to take serious initiatives to reduce uncertainties and exploit opportunities. Moreover, it is a responsibility of Rio Tinto to offer industrial solutions regarding greenhouse gas emissions and usage of alternative ...

[First Name Last Name] The given case expounds over the situation when Roger Cahill – Vice President of BoldFlash Mobile Division came across the situation where BoldFlash is struggling to adjust to a progressing and challenging marketplace. In the case study, four working groups within a division refused to work collaboratively and as a result, the division has failed to make the most of some exceedingly significant new product opportunities. In order to address these issues, Roger Cahill undertake a number of personnel and organizational changes since he takes his designation in control. While facing eroding profit margins and low ...

Comparison of DYB and GYB Strategies

Owing to intense competition in business environment, the organizations need to come up with innovative dynamic models to sustain in global markets. This fierce competition increases due to rapid fluctuations in market conditions, technology, and environment. You will find many new companies emerging at a rapid rate, ready to destroy your business with their novel business models. Therefore, it is better to explore your weaknesses before someone else realizes you about it. Intelligent businesses critically evaluate their old business models before they are destroyed by market pace. The practice of so called “creative destruction” has emerged since 1990s in ...

Under CEO Steve Ballmer, Microsoft can be characterized as the company with top-down strategic approach, when the planning was done by top management of the company (Rothaermel 135). However, he wanted to operate over delegation and did not think to back the solution taken by managers of lower levels. One of the main advantages of the top-down approach is that the top management of the organization determines the course of the company’s motion and gives specific guidance to units of how to approach the stated objectives (Henry 67). Unfortunately, the top management is not always ready to issue ...

Business Strategy, Leadership, and Management

The company (Everyone Walks) intends to create products that are durable and affordable in a manner that the products will be in a position to meet the needs of the consumers in the most efficient way possible. According to the organization's management, the management feels successful when the customers are satisfied with the products (Kovalenko, 2016). The ultimate goal of the business is to make their products be appreciated in the market due to the impressive quality of the electronic wheelchairs, and their brand name to be recommended to others in the market.

Company Objectives

The business wishes to experience consumer ...

Improving cost-effectiveness of product designs by cross-functional collaboration

Abstract Procurement management is a widely recognized strategic management tool used to keep the cost of production of a company under control. Design-to-cost process is a process that is capable of improving cost effectiveness of the process of product development. The DTC process essentially involves cross-functional collaboration within the organization. The objective of this dissertation is to provide a cross-functional collaboration driven DTC framework for the case company which is an information technology firm. The proposed dissertation is single qualitative case study in which adductive approach will be adapted to the analysis of the results. The theoretical perspective of ...

Introduction

Environmental analysis is one of the most essential strategic tools, which is used in contemporary strategic and operational management. Among other issues, its primary purpose is identification of the internal and external components, which may potentially affect business performance of a company. One of the key ideas behind this analysis is assessment of different threats and opportunities looming on the company horizon. The data, which is collected with help of environmental scanning, is subsequently turned into the basis for decision-making. The practice shows that the today’s markets are dynamically evolving (Nag, Hambrick & Chen, 2007) . Every day brings a ...