How One Simple Strategy Can Activate a Corporation

In: Business and Management

Submitted By weishinboy
Words 1642
Pages 7
The world has become more and more competitive from the rapid development in recent decades. Some corporations have suffered from the failure of transformation, but some companies successfully overcame the challenge, and furthermore, dominated in their field and have had continuously expended until now. What makes them different are some crucial factors of business like strategy, structure of organization, leadership. Most of these play important roles during the development of enterprises and interact with each other. However, in a heavily competitive field, the key factor must be strategy. On the one hand, for huge corporations, strategy can not only guide the corporations on the correct track but also can even explore additional possibilities which bring up the positive effectiveness of development. On the other hand, for some immature companies, strategy is a suitable way to prevent disorder or disorganization, and it also helps them to define the location clearly in their field. The most importance feature of good strategy is: building up the core value of enterprise.

Nowadays corporations face numerous issues of development which include human resources, supply chain, manufacturing and other relative fields. There are some external influences which keep changing the conditions of the environment. In the business field, globalization is a significant trend which has gradually become the most effective phenomenon and the most enormous challenge in the global market. This external influence significantly leads to some new situations and difficulties and there are no relative analysis models or effective solutions. However, the existence of new challenges are also followed by some opportunities which can strengthen and accelerate the growth of corporations. To capture these opportunities, companies which are eager to grow or extend should be involved in the…...

Similar Documents

Using Simple Poems to Activate Prior Knowledge

...Using Simple Poems to Activate Prior Knowledge (APK) for Learning Abstract This paper offers a practical means of engaging learners in Active Learning (AL) of English by Activating Prior Knowledge (APK) through the use of simple word poem activities used at the outset of classes; that part of a lesson commonly known in Malaysian public school lessons as the Set Induction. However, this and similar techniques go far beyond simple review of material covered in previous lessons, as is currently practised in many of these schools. Students may indeed be able to remember words and phrases (lexis) that represent concepts or ideas studied in the last few lessons but far too often this learning is memorized, not internalised, and is soon lost in the quicksand of short term memory. Using simple poems challenges learners at all levels to engage their imaginations and recall personalised learning, i.e. language and the concepts they represent that are rooted in relevance to their personal experiences and knowledge. Brief explanations of AL and APK are provided as theoretical context. Introduction A brief description of Active Learning and Activating Prior knowledge follows to give the reader a conceptual framework for the activities that follow. What is Active Learning? Learning cannot be achieved if the learner is not actively engaged in the process of learning either mentally or physically or a combination of both. This is common sense. Why then is the concept......

Words: 2058 - Pages: 9

Carnival Corporation Growth Strategy

...Report on Strategic Management by Diana Romanova 100878 Strategy & Communication EHM3.SC-02 December 10, 2012 Abstract The purpose of the report is to discuss the current strategy of the Carnival Corporation, the world leader in the cruise industry. Based on the external and internal situation analysis the new growth strategy is formulated. The recommendations on the strategy implementation and evaluation are provided by terms of the various strategic theories and models. The projected internationalization strategy may result in the improvement of the financial business situation, by increasing the corporation’s profit margins and shareholder value, and non-financial indicators, for example, brand awareness. Moreover the company can adapt the proposed scenario for entering new markets in the future. 2|Page Table of Contents Abstract ...................................................................................................................................... 2 Introduction ................................................................................................................................ 4 Situation Analysis ...................................................................................................................... 5 Strategic Direction ..................................................................................................................... 6 Formulating a strategy......

Words: 3764 - Pages: 16

Splash Corporation-Strategy Formulation

...Philippines 2 Limited Market Knowledge and Experience Outside the Philippines 3 Low Advertising Budget 4 Neutraceuticals are seen as "folkloric" * Hire local management to build market * OFW word of mouth to build brand (W1 knowledge (W2 O1 O3 O5) W3 T1) * Develop a science-oriented brand image for H&W western market (W4 O3 O4) STRATEGY FORMULATION STAGE 1: Input EFE Matrix IFE Matrix STAGE 2: Matching IE Matrix STAGE 3: Decision QSPM Splash Corp. IFE Matrix Key Internal Factors Weight Strength Market Research Product Research & Development Product Diversity Product Efficacy and Reliability Reach Brand Loyalty Value for Money 0.15 0.1 0.05 0.1 0.07 0.1 0.06 4 4 3 4 4 4 3 0.6 0.4 0.15 0.4 0.28 0.4 0.18 Rating Weighted Score Splash Corp. IFE Matrix Key Internal Factors Weight Weakness Brand Loyalty Outside the Philippines Market Knowledge Outside the Philippines Low Advertising Budget Neutraceuticals are seen as "folkloric" Total 0.11 0.1 0.1 0.06 1 2 2 2 2 0.22 0.2 0.2 0.12 3.15 Rating Weighted Score Weight The weight assigned to a given factor indicates the relative importance of the factor. Zero means not important. One indicates very important. Rating Major weakness is represented by 1.0 Minor weakness is represented by 2.0 Minor strength represented by 3.0 Major Strength represented by 4.0 Splash Corp. EFE Matrix Key External Factors Weight Opportunities Asian Markets Metrosexual Market Western Market Health and Wellness Trend......

Words: 1326 - Pages: 6

How Can Leadership Be Developed

...Projects 4-1-2010 Can Leadership Be Developed by Applying Leadership Theories? : An Examination of Three Theory-based Approaches to Leadership Development Joshua C. Laguerre Rhode Island College, JOSHUA.LAGUERRE@gmail.com Follow this and additional works at: http://digitalcommons.ric.edu/honors_projects Part of the Business Administration, Management, and Operations Commons, Human Resources Management Commons, Industrial and Organizational Psychology Commons, and the Organizational Behavior and Theory Commons Recommended Citation Laguerre, Joshua C., "Can Leadership Be Developed by Applying Leadership Theories? : An Examination of Three Theory-based Approaches to Leadership Development" (2010). Honors Projects Overview. Paper 42. http://digitalcommons.ric.edu/honors_projects/42 This Honors is brought to you for free and open access by the Rhode Island College Honors Projects at Digital Commons @ RIC. It has been accepted for inclusion in Honors Projects Overview by an authorized administrator of Digital Commons @ RIC. For more information, please contact hbenaicha@ric.edu, andrewjasondavis@gmail.com. CAN LEADERSHIP BE DEVELOPED BY APPLYING LEADERSHIP THEORIES?: AN EXAMINATION OF THREE THEORY-BASED APPROACHES TO LEADERSHIP DEVELOPMENT By Joshua C. Laguerre An Honors Project Submitted in Partial Fulfillment of the Requirements for Honors in The Department of Management and Marketing The School of Management Rhode Island College 2010 1 Can Leadership......

Words: 11568 - Pages: 47

Able Corporation Management Strategies

...Able Corporation: Strategic Management Process Strategic Management Process:- • Establishing the hierarchy of strategic intent i) Creating and communicating a vision: To be the leader in the US power tool market and provide the best services and make innovative products especially in the cordless product market where it has the core competence. To establish itself strongly in the manufacture of circular saws. ii) Designing a mission statement: To achieve our objectives along with delivering satisfaction to our customers in an environment of fairness, honesty and courtesy. “Meeting needs profitably” is the main concern. The values that drive the organization are pursuit of excellence. It commits to strive persistently to improve itself, their team, products and services. iii) Defining the business: The Company is involved in the manufacturing of full range of portable electric power tools. (PEPT) Power tools consist of products such as drills, circular saws, routers, planes, reciprocating saws and hammer drills. 805 of the power tools are corded while the remaining 20 % are cordless. It manufactures professional and consumer quality power tools and caters both consumer and industrial channels. The power tool market is divided in professional and consumer products, consumer and industrial channels, consumer and professional end users. A professional tool is characterized by high reliability, durability and better features. They are built......

Words: 1654 - Pages: 7

How Media Affect Corporations

...the ideological and technological foundations of Web 2.0, and that allow the creation and exchange of User Generated Content”. For examples, people can communicate and share idea in easy and practice way by using social media in the form of image, podcasts, text, video, and many more. In the modern era like nowadays, internet and social media has undergone very rapid progress which resulted it's become as lifestyle and part of human life and become vital tool that cannot be ignored by people and corporation. There are several popular social media that users usually use such as Facebook, Linkedin, twitter, and Google+ and Facebook still tops social network by having 1.4 Billion of total number of users in the world (Statistic Brain 2013). It is evidence from research data, there is more than 80% of consumer browsing and buying online in every week in 2012 and it’s increased 69% from 2009 (Oracle 2012) and there is about 80% of small-mid-big companies utilize social media in 2013 that the companies realize social media is becoming very important for their business performance and to support communication in internal companies. Thus companies can do marketing and sales, make community of fans page consumer, and as a tool to communicate with consumer directly by establishing consumer service online and feedback so the companies can know exactly what suggestions and complaints from consumer (Ragan 2013), besides that there is about 92% of companies utilize social media for......

Words: 2531 - Pages: 11

How Financial Engineering Can Advance Corporate Strategy

...they insure themselves from increasing prices and can forecast and meet their budgeted costs as well as budgeted profit margins. B. Fixed volume at price tied to a natural gas index. – Speculators who will engage in risky financial transactions in an attempt to profit from fluctuations in the market value of a tradable good. They focus purely on price movements. C. Fixed volume at price tied to a natural gas index and capped at a determined level - Utility companies, who know the required volume and will prefer to purchase contract where prices are tied to a natural gas index, if the prices go down they will not lose money however, at the same time by capping at a determined level they are insuring themselves from increasing prices. Question 2 - Tennessee Valley Authority Case: A. Tennessee Valley Authority (TVA) could add capacity to provide power to its customers without actually building physical plants by purchasing call options. These options would allow TVA the right to exercise the option in order to meet demand. Should there be no demand at that particular time TVA simply would not execute their call options. Main Constraint –since TVA is purchasing physical settlement, the credit rating of suppliers is very important, which means TVA can have option purchase agreements (OPAs) only with suppliers with a AAA rating, which limit the number of suppliers. The other constrain is regarding how the actual product will be delivered.......

Words: 1211 - Pages: 5

Darden Case - Marriott Corporation Strategy

...In January 1980, the management of the Marriott Corporation found itself in an interesting dilemma: not only did the corporation have considerable excess debt capacity, but projections of future operations and cash flows indicated that this capacity was on the rise. For Marriott, excess debt capacity was viewed as comparable to unused plant capacity because the existing equity base could support additional productive assets. Management was therefore faced with two problems. First, it needed to determine the amount of funds that would be available if Marriott's full debt capacity were utilized. Second, management needed to decide whether to invest excess funds in new or existing businesses, or to return them to the companies shareholders by paying higher cash dividends or repurchasing stock. To resolve the first issue, it is recommended that the Marriott corporation calculates several coverage ratios so that it can evaluate it's ability to cover the costs associated with varying levels of debt. There are three coverage ratios, corresponding to the costs associated with increased debt leverage, recommended by Higgins n his book. These ratios are times interest covered, times burden covered, and times common covered. To calculate these ratios EBIT is divided by a specific cost, or sum of costs, to determine how well profits are able to support them. Alternatively, “percentage EBIT can fall” could be calculated with regards to each type of cost, to determine the percentage......

Words: 616 - Pages: 3

How Difficult Can It Be?

...How Difficult Can It Be? The unpleasant feelings a person might get when attempted to write something about they mighty not even know can be very interesting. The writing can be a thesis, a simple task of a poor student or maybe just a personal diary. The feelings gotten during a write can be described in two different stages which are physical and mental. First of all the physical feelings will be mentioned are aches, sickness and urge to eat more and more which is both related in physical and mental feelings. The writer-to-be person sits at the table takes a paper and a pencil with a nice looking both happy and curious expression in the face then places the pencil on the paper but In the moment he starts to think about the topic he is not knowledged enough to write the first thing will come to their head is more likely to be a terrible headache feels one like there is a drum beats as your heart does, than an idea. After a while the beats of headache probably will get thougher as if there is a terrifying melody playing because it’s going to be a very scary scene in a movie. And then the scary scene comes, that feeling chokes your maw, tickles your stomach, absorbs all your life energy and the inevitable final throwing out. Poor writer has already quit writing and went to the kitchen to eat like the Cookie Monster in this phase. Enjoy your meal writer! Second and the lastly the mental feelings or with another saying emotions are another trouble while writing about......

Words: 496 - Pages: 2

Strategy Implementation at Art Corporation

...ASSIGNMENT CORPORATE STRATEGY - MBL93DU DETAILS Kudzai Lister Pasipanodya 2 Newcastle Road Workington Harare Zimbabwe +263773205843 ASSIGNMENT DETAILS Submitted By | Kudzai Lister Pasipanodya | Student Number | 78043824 | Date Submitted : | 29/05/2015 | Module Code | MBL93D-U | Assignment Number | Assignment 1 | Lecturer Name | Dr F du Toit | PERCENTAGE OBTAINED: __________________________ LECTURER COMMENTS: UNISA GRADUATE SCHOOL OF BUSINESS LEADERSHIP MASTER OF BUSINESS LEADERSHIP CORPORATE STRATEGY ASSIGNMENT AMALGAMATED REGIONAL TRADING (ART) CASE STUDY KUDZAI LISTER PASIPANODYA 78043824 Date: 29 May 2015 TABLE OF CONTENTS 1.0 EXECUTIVE SUMMARY…………………………………………………………………….4 1.1. ART Corporation Introduction………………………………………………………4 1.2. ART Corporation Organizational and business structure………………..…..5 2.0 ART’S CORPORATE STRATEGY…………………………………………………………..7 2.1. What is corporate strategy…………………………………………………..………7 2.2. Corporate parenting & corporate strategy…………………………………..…..8 2.2.1. Definition of a corporate parent……………………………………………………8 2.2.2 ART as a Corporate parent………………………………………………………….9 2.2.3 ART’S approach as a corporate parent…………………….……………………12 3.0 ART’S CORPORATE STRATEGY………………………………………………….……..13 3.1. Restructuring…………………………………………………………………………13 3.2. Investment...

Words: 3911 - Pages: 16

How Can Be

...Topic: Organ Donation Specific Purpose: To persuade my audience to donate their organs and tissues when they die and to act upon their decision to donate. Thesis Statement: The need is constantly growing for organ donors and it is very simple to be an organ donor when you die.   I.  INTRODUCTION A.  Attention material/Credibility Material: How do you feel when you have to wait for something you really, really want? What if it was something you couldn’t live without? Well, my cousin was five years old when he found out he needed a new kidney. He went on the organ waiting list right away. He was called twice during a six month span that they had a kidney available only to find out that the kidney wasn’t a good match. He had to wait again. The third time was a charm. A small adult was in an accident and his kidney was a good match. This story had a happy ending but so many do not. B.  Tie to the audience: One of the people on the waiting list for an organ transplant might be someone you know. C.  Thesis and Preview: Today I’d like to talk to you about first, the need for organ donors in our area, second, how you can become an organ donor after you die, and finally, how your family and organ donor recipients benefit from you donation. [Transition into body of speech]: I’ll begin by telling you about the need for organ donors. II.  BODY A.  People around the world but also right here in......

Words: 635 - Pages: 3

Management and Strategy of Fedex Corporation

...Question One: “FedEx has built superior physical, virtual and people networks not just to prepare for change but to shape change on a global scale…FedEx is not only reorganizing its internal operations around a more flexible network computing architecture, but it’s also pulling-in and in many cases locking-in customers with an unprecedented level of technological integration (Janah and Wilder, 1997; Annual Report 1999; cited in De Wit and Meyer, 2004, p.647).” In the context of the above statement, critically analyse the Global express transportation and logistics industry in which FedEx operates using Porters Value Chain and Five Forces frameworks. From the results of your analysis evaluate the ‘core competencies’ and ‘dynamic capabilities’ that enabled FedEx to build an efficient and effective transportation, logistics and a virtual information infrastructure. [35 % marks] Question Two: Discuss the events leading up to the January 2000 reorganisation in the context of FedEx’s three major strategic initiatives: (1) A new branding strategy that involved changing the Company’s name to FedEx Corporation, and extending the ‘FedEx’ brand to four of its five subsidiary companies; (2) The need for one point of access to sales, customer services, billing and automation systems (3) A new low-cost residential delivery service, FedEx Home Delivery (De Wit and Meyer, 2004, pp. 657-661). Your answer should be based on a critical review of FedEx’s...

Words: 448 - Pages: 2

When We Think of Entrepreneurship, We Often Think of Small, Start-Up Firms. Describe How a Large Corporation in an Established Industry Can Be “Entrepreneurial” and Discuss How Peng’s Entrepreneurial Strategies Apply in This Situation

...When we think of entrepreneurship, we often think of small, start-up firms. Describe how a large corporation in an established industry can be “entrepreneurial” and discuss how Peng’s entrepreneurial strategies apply in this situation. Entrepreneurship as a scholarly field seeks to understand how opportunities to bring into existence future goods and services are discovered created and exploited, by whom and with what consequence (Venkataraman,1997). Entrepreneurship is nothing but the identification of those resources which were previously unexplored. Entrepreneurial opportunities do not only take the form of new products and services, they can also take the form of new methods of production, new raw materials, new ways of organising and new markets. For large corporations in an established industry, entrepreneurship is a big challenge. The companies must innovate and develop new ideas in order to motivate their leaders for entrepreneurship. Two steps must be followed to achieve this goal. Firstly, companies must periodically evaluate its product performance and need to have complete information about the environment in which it is operating. Secondly, in order to achieve success, the companies must experiment with their existing products. They should have their one face focused on the old strategy and the other seeking out the new one. When an existing company starts new venture, it face lot of barriers because it is a risky proposition. They must consider industry’s......

Words: 383 - Pages: 2

How a Dss Can Assist in Aligning It with Business Strategy

...stores [can be depicted] … in meaningful graphics with drill-down capabilities” (Ibid., p. 334). Such tools assist managers to make decisions quickly, answer to queries spontaneously on the sport and cut costs as well (Ibid.). User-interactivity through data integration from “data discovery” systems is now part of business intelligent systems even on mobile devices (Ibid., p. 338). Indeed, Using data mashup apps, nontechnical users can easily and quickly access, integrate, and display BI data from a variety of operational data sources, including those that are not integrated into the existing data warehouse, without having to understand the intricacies of the underlying data infrastructures, or schemas (Ibid., p. 346). The importance of alignment of IT and business strategy For an agile and effective business the goals and objectives of IT must be in line with an “organization's strategic objectives.” (http://www.atlassian.com). Business strategy must be aligned with clearly defined “themes, goals, and metrics.” (http://www.atlassian.com). * Themes are focus areas of business strategy with specific desired results. They are areas to which organizational resources are directed (Ibid.). * Goals and metrics are the preferred futures expressed in terms of specific, timed, realistic and measurable objectives. While goals are global, the objectives are sub-goals around specific themes. (http://www.atlassian.com). Turban et al. (361) that IT strategy and......

Words: 1035 - Pages: 5

How Can Cnn Implement Their Strategies in a Fast Changing Environment?

...Problem statement: How can CNN implement their strategies in a fast changing environment? Learning goals: 1. What are the steps of strategic implementation and what is the importance Implementation is the process that turns strategies and plans into actions in order to accomplish strategic objectives and goals. Implementing your strategic plan is as important as your strategy itself. * Formulation and effective communication of vision and values * Formulation and effective communication of mission * Generation of enthusiasm and buy-in at all levels * Commitment to projects and business results that will fulfill on the mission * Design of organizational architecture that allows for empowerment and communication * Creation of tactics and short-term goals at the local level * Effective Action in a context of accountability (Gurowitz) (G. R. Jones; C.W.L. hill , 2010) 2. What is organizational design (culture, structure and control) and apply on CNN. What is the role of organizational design in strategic implementation? Strategy implementation involves the use of organizational design, the process of deciding how a company should create, use, and combine organizational structure, control systems and culture to pursue a business model successfully. Organizational structure Assigning employees to specific value creation tasks and roles and specifies how these tasks and roles are be linked together in a way that increases efficiency,......

Words: 977 - Pages: 4

Wasurenagumo Movie (2012) | Shounen Onmyouji Sub Indo Batch Eps 1-26 Lengkap | Le Grinch