Introduction Business leaders apply diverse strategies, models, procedures, and initiatives to take their companies to the next level and make them more competitive. The article, “The Five Competitive Forces that Shape Strategy” by Michael E. Porter offers powerful forces that industrial players should take seriously in an attempt to tackle...
Innovation Management In the current business environment, companies with different experiences approach their innovation management. As shown by the topics discussed at Innovation Arabia Conference (2019), companies are expected to have knowledge in smart learning, Artifical Intelligence, Health and Environment, and many more. The results of the study conducted by...
Introduction Amazon and Yahoo are one of the biggest brand names in the e-Commerce industry. Since its inception, Amazon and Yahoo have had to compete in their respective market niches, instituting various strategic plans to maintain a competitive advantage. The companies were among the first to penetrate the e-commerce industry,...
Notices This report was prepared by experts in McDonald’s in the course of performing their duties for this company. The opinions expressed in this report reflect the HRM role in this organization, and orientations to any specific manufactured goods, service, procedure, or method do not constitute an indirect or expressed...
Introduction Sharp Corporation is considered one of the pillars of the electronics industry. It started from a mechanical pencil named Ever Sharp in 1912. Since then, the company has expanded its expertise and innovation worldwide. At present, Sharp ranks as one of the most successful electronics firms. Its semiconductor segment...
Introduction A company business strategy involves coming up with the overall direction of the company, its goals and performance metrics, and arranging for the resources with which to achieve that strategy. Business strategy includes marketing elements involving the products and services specification and the positioning of those in the market...
Introduction “…in 1997, the vast bulk of global students came from Asia (in surplus of 85% of the sum) – the top ten countries of origin are all in Asia. specially, the South East Asian (SEA) countries of Malaysia, Singapore, Hong Kong and Indonesia contribute 68% of the entirety overseas...
Executive Summary As world markets change very fast making them not easy to predict, the top management organs like the CEOs, need to be flexible with their management strategies and business tactics, by making sure that their Global Companies operates within a wide visionary context, by displaying skillful tactics like...
Executive Summary Dell’s position in the market suggests an industry reputation as one of the top-notch firms. Dell has enjoyed great success in delivering quality products and solutions to its clients while its current sales levels are high and business growth is imminent. Dell continues to make a presence in...
Introduction to Unilever Lever brothers, a British soap maker and Margarine Unie, a margarine producer from Holland decided to merge based on a common raw material benefit of palm oil. This was known as the modern Unilever Corporation, the world’s second largest producer of consumer products. “Last week (1929 news...
Introduction Current research seeks to evaluate the importance of organizational culture and leadership in modern strategic management. The analysis of best practices and procedures required to realization of successful strategic management will be provided with a special attention to the practice of modern business entities and particularly drawing on JC...
Introduction Anglo American PLC Company is the largest Gold mining organization in the world. It has created many employment opportunities for many people all over the world. The company has many subsidiaries in many parts of the world, and therefore, it can be said to really have done well for...
Strategic Management Strategic management was often considered as one of the main tools which help organizations to compete on the market and create strategic goals and competitive position. The built environment sector represents a unique market segment within the construction industry. This sector requires unique strategic goals and strategic thinking...
Introduction In starting any form of a business, one should be aware of the registration requirements, liability, and taxes that will be levied on the business. This is very important because this knowledge ensures the smooth operation of a business. When a business is registered, it shows the real evidence...
The resource-based view (RBV) RBV argues that any company that seeks a competitive advantage must first consider exploiting internal factors before considering the external factors/environment. According to the RBV theorists, it is more feasible to use the internal resources to exploit the external factors. The intangible assets in a company,...
Abstract Wits Beach Hotel’s strategic plan was developed to enable it to improve its performance in four areas. These include financial value, customer value, internal business operations, and learning/ growth. The company’s strategic objectives aim at improving its profitability, employees’ skills, application of information technologies, customer value, and marketing initiatives....
What are business processes? Business processes are a series of interrelated activities or tasks aimed at accomplishing particular objectives in a company or organization. Business processes often involve the flow of knowledge, information, or material through various departments or segments in a business in a set of connected procedures or...
Executive Summary This report presents an analysis of the strategic management process in the HR department of the Ministry of Education. My role as a strategic leader in the HR of the organization involves formulating and implementing effective employment-related strategies. The five decision categories to be considered in SMP include...
What was Tesco business strategy that made it the #1 retailer in the UK? In this analysis, you will learn about strategy of Tesco, its management plan, and other aspects. Don’t miss the best recommendations for the Tesco company that could lead to the international expansion. Introduction Tesco, Plc is...
Introduction Contemporary organizations have realized the usefulness of incorporating the aspect of strategic management in order to succeed. Strategic management plays a key role in a journey towards the achievement of a competitive advantage for any organization. With reference to the QVC company case study, this paper aims at identifying...
The following literature review aims to explore the role of competitive advantage at every stage of the business life cycle and determine its value for organizations and the economy in general. Pre-competitive Advantage Stage Competitive advantage must be established during the initial stage of the business cycle. At this point,...
Introduction Supply management system coordinates functions purchasing. This mechanism identifies the need for commodities, appropriate suppliers, quantity and quality of the commodities. It also evaluates effectiveness of supply practices already in place. The expansion of capacity and mechanization of production demands that the supply system matches production efficiency while assuring...
Values The main values of the airport should be safety and quality of service. Safety is crucial because airports are viewed by the general public as vulnerable places. That is why convincing our customers that they are secure in our airport should be the most fundamental goal. Therefore, we should...
Summary A financial performance measure aims at providing the company with tangible assets. Tangible assets alone cannot enable a company to maintain a sustainable competitive advantage. A more comprehensive performance measure that cannot only look at financial performance outcomes but can also look into nonfinancial performance outcomes is more preferable....
Introduction According to Techtarget (2010), virtual organizations are those whose members operate from different regions towards a common goal without necessarily having a physical location. They network by use of information technology such as groupware and emails and this allows for a harmonious and organized working relationship similar to conventional...
Introduction This paper seeks to discuss about strategic planning based on the statement of Richard Whittington who said that almost 10 years ago, the average book on strategic planning (management) is pretty cheap, so how come if the secrets of strategic management are so cheaply and easily available, many organizations...
Sources of Competitive Advantages Competitive advantage refers to “the ability gained through attributes and resources to perform at a higher level than others in the same industry or market” (Neganova 304-317). A firm is considered to have achieved a competitive advantage if it is implementing a strategy that creates value,...
Introduction An enlarging body of literature focuses on how leaders and managers in organizations can deploy resources that are at their disposal to realize organizational growth under the guidance of effective strategies. A strategy constitutes plans that are aimed at attaining specific goals and objectives (Menon, Bharadwaj, Adidam, & Edison,...
Main Products and Services of the Organisation Given that this is a newly formed business for telecommunication, its operation will majorly depend on offering communication services to the home user. Virgin Mobile will offer similar services comparable to the ones available on the market nevertheless at a lower and sustainable...
Introduction Strategic thinking and leadership have been one of the most fundamental tools that direct and propel the vision of most contemporary organizations. Moreover, they are critical components in enhancing growth and success. Notably, strategic leadership fosters growth and success in an organization due to the fact that leaders are...
Introduction The book titled “The strategist: Be the leader your business needs” was written by Cynthia A. Montgomery – a renowned professor in the field of business administration at Harvard Business School. It was published in 2012, by Harper Collins Publishers. The book is largely based on course materials that...
Introduction Strategic planning refers to the process by which a company defines its strategy (Bryson et.al.1988). Strategy is a mean of fulfilling the shareholders expectation through allocating the resources in the most optimal level. Strategic planning thus is concerned with the future operation of an organization and the decisions that...
Introduction This strategic management case study focuses on Nucor Corporation. Nucor traces its history to the 1950s when it was established to manufacture nuclear instruments and electronic products. Previously referred to as Nuclear Corporation of America, the company faced turbulent formative years characterized by massive losses and potential bankruptcy. However,...
Introduction British Airways (BA) is the national flag carrier of the United Kingdom (UK). Supported by about 45,000 employees, it is also one of the leading airlines in Europe and a member of the One World Alliance (Cooper 2018; British Airways PLC 2018). A general analysis of the firm’s finances...
Introduction The concept of innovation covers a wide range of creative changes that are introduced into business practice to boost organizational performance and foster creativity. Thus, innovation is a part of a creative process as it allows finding the most effective and, in many cases, an unprecedented solution to the...
Goals of the business Goal 1: to grow steadily for profitability by maintaining core values and integrity of the organization and providing business training by using core, proven business, and HR principles Goal 2: to deliver high customer satisfaction by offering effective business training in broad and general areas of...
Analysis of the Industry Form Background According to Bruce (25), the pharmaceutical market has been on a constant rise in the last two decades. With the changing lifestyle, several lifestyle diseases are on the rise. With this massive growth of the market for this product, various firms have come out...
What are the principal managerial components of the strategy implementing / strategy executing process? “Strategy is the business word for game plan. All businesses have strategies, either planned or unplanned.” (What is a business strategy, p. 2, para. 3). Before the implementation of any strategy, a company should analyze the...
The Blue Ocean strategy proposed by Reene Mauborge and Chan Kim enables local and international firms to proactively remain focus on creating strategic market space for their products and services, surpassing the comfort of the current market demand, and creating a permanent strategy for focusing on the bigger picture. The...
Introduction Strategic management implies the skills and science of formulation, implementation, and evaluation of cross-functional decisions that enable an organization or a firm to achieve its goals and objectives. It entails the processes of specifying the objectives of the organization, developing plans and policies to achieve these goals, and resource...
Introduction Strategic management and organizational development are interconnected processes since leaders often need to elevate organizational performance, culture, and potential in order to fulfill the selected strategic goals. Human resources management plays an important part in organizational development. First, HR specialists have an in-depth understanding of the organization they work...
Introduction and Brief Description Managing organisational performance so that a company could focus on compliance with its mission and achievement of its objectives while performing in the target market is essential. At Greenergy, a UK-based company that operates in the fuel industry, the approach toward performance management could be improved...
What is Sara Lee’s Corporate Strategy? How has the retrenchment strategy changed the nature of its business line-up? Sara Lee was operating as a conglomerate before 2004. The business portfolio consisted of many unrelated businesses acquired over time. Initially, this was a good strategy, and it yielded high profits up...
Introduction A business takes time to develop and reach the desired stage. Within the course of time, the venture may face a wide range of complexities. Due to these challenges, managing a business has become a complex task. The end result of this has been the need for proper management...
Introduction The twenty first century has presented numerous challenges to organizations. For example, the business environment today is characterized by frequent changes which pose new challenges to organizations. In tradition organizations, change was moderate and predictable. As a result, the management teams could easily predict change and implement long-term plans...
Introduction Strategic Human Resource Management (SHRM) is an intricate procedure that is constantly reshaping and continues to elicit a lot of debate regarding what promotes. Definitions range from a HR system that is accustomed towards the requirements of a business process (Miles and Snow, 1984, pg. 32) to organized HR...
Strategic human resource management (SHRM) is a tactical method for the management of an organization’s human resource function in line with organizational goals and objectives. SHRM enhances these functions by linking the traditional human resource practices to business strategy and the realization of organisational goals in order to enable the...
Executive Summary FedEx is one of the leading courier companies in the global market. In the United Arab Emirates, FedEx has become a major provider of various courier services because of the enabling environmental forces. However, this company will need to redefine its marketing strategies both locally and internationally as...
Introduction The purpose of the given study is to identify effective supply chain practices, which can be integrated in phone and computer repair shop business in order to improve the overall procedures. Increasing competition in the market poses new, more complex challenges for enterprises, one of the solutions of which...
Establishment, Categorization, and Structure of Organizations Formation of Organizations There are various reasons why organizations are formed. Kandogan and Hiller (2018) explain that one such reason is the culmination of skills and efforts to achieve some set goals. Towards this end, organizations bring together different expertise to achieve a common...
Introduction Strategic planning allows organizations to mobilize their resources and pursue specific goals and objectives. Organizations that operate in the volatile retail industry, such as Walmart, require an effective strategic plan to remain competitive. The creation of a strategic plan needs a critical examination of the internal and external environments...
In this paper, you will find a thorough analysis of Tata Motors strategy. The author reveals Tata Motors growth strategy, marketing policies, pricing management, and other business factors. Introduction The automotive industry is one of the world’s most competitive business areas. As a result, strategic management has remained an important...
Introduction Rational strategic planning is paramount to the development and implementation of sound decisions towards the realisation of organisational goals. A strategy is a series of predetermined activities that are based on the prevailing market and future operations of an organisation. The formulation of success plans demands a critical analysis...
Abstract Strategic management is a widely studied concept that is considered to be helpful in improving firm performance. In particular, research reveals a clear connection between strategic management and employee performance, as well as strategic management and financial performance. The present synthesis paper seeks to describe and explain the relationship...
Introduction Business organizations, companies, and teams can benefit a lot from effective leadership practices. The class materials have explained why every person can develop a proper leadership philosophy that has the potential to promote positive practices. Every person in an organization can undertake various leadership roles without necessarily being monitored...
Abstract Strategic planning encompasses various steps and processes ranging from defining the current need of the business to assessment level where performance is gauged against the strategies. In essence, strategic planning processes necessitate all the tactical arrangements and the ability of the organization to execute the strategies. Specifically, strategic planning...
Abstract Kodak has experienced numerous challenges, which have cumulatively contributed to its decline. Notable challenges are stiff competition, increased operating costs, and inefficient management. Analysis of the case study shows that the advancement of technology, enhancement of productivity, globalization of businesses, expansion of marketing, and reduction of operating costs are...
Abstract Operational management plays a critical role in the transformation of organizational inputs into goods and services that add value for the consumer. The main goal of any strategic operations decision is maximization of efficiency, as well as production of goods and services that meet and surpass the expectations of...
Define the Concept of Risk Propensity Profiles. What are the Components of Risk Propensity? Mergers and acquisitions are the most common expansion strategies due to an extended variety of advantages such as increasing competitive edge, improving a sufficient allocation of the resources, and pertain to the financial benefits for both companies...
Executive Summary Being a leader is a challenging task, especially in the context of the contemporary global economic environment. The need to address numerous external and internal factors, so that a sustainable approach could be designed is truly devastating. However, after a closer look at the evolution of leadership and...
Background Relevant facts of the case This case study focuses on Process Control Inc (PCI). PCI is the European manufacturing subsidiary of the American firm. PCI is located in the UK Midlands. The company (PCI) was created in 1979 from a merger with a subsidiary of a British-owned electric company....
Introduction Two entrepreneurs, James McLamore and David Edgerton founded Burger King in the mid-1950s as InstaBurger King (Miller, 2016). Burger King’s corporate vision is centered on promoting excellence in the fast-food business. Using this vision, the company strives to be the best in the industry. At the same time, its...
Introduction All organisations exist in environments that are susceptible to changes that may occur within or outside the organisation. Changes in the business environment subject organisations to initiate various changes in an attempt to adopt coping strategies and structures to thrive in the new organisation environments. Dynamic aspects of the...
Researching Microsoft strategic management is a complex task. We recommend going through this article to discover essential aspects of Microsoft strategic plan, its objectives, and other aspects of analysis. Read the paper carefully to write your own strategy analysis! Introduction. What Is Corporation? Initially, a corporation was regarded as an...
Abstract The main objective of this report is to illustrate the external and internal factors of ADNOC Gas Processing, which is a subsidiary company of ADNOC Group; therefore, the analytical part of the research has used SWOT and PESTEL tools for designing proper strategic recommendations in order to attain the...
Introduction Business excellence entails various managerial practices that effectively help organizations to achieve excellent results. Business excellence models employ fundamental values and concepts that are critical in enabling an organization to emerge on a level that is as highly competitive as possible in its line of operations. Such models focus...
Introduction The International Business Machines Corporation, commonly known as IBM, is an American technology company that has its headquarters in Armonk, New York (Rothaermel et al. 2). It started its operation by producing electric tabulating machine before moving to the mainframe computers. The company registered impressive growth during its initial...
Introduction Various environmental, social, political, and economic factors influence the growth and development of the global aviation sector due to the fact that such factors have adverse impacts on the operational costs of airlines. Therefore, the success of any airline amidst such factors depends on the business strategies adopted. This...
Apple Incorporation and Samsung Group are profitable companies in their respective industries. These two firms also compete in various industries, such as Mobile Business and Consumer Electronics. The companies utilize different business practices and strategies to succeed in their respective markets. The discussion presented below examines the business strategies and...
Samsung Current Business Strategy The linchpin of any successful business organization such as Samsung is the ability of its top management to craft and boldly execute strategies. It is through well crafted and boldly executed business strategies that business organizations are able to achieve their corporate missions (Kim, 2007, p....
Introduction In the past few years, most firms used outsourcing strategies as a way of managing their operations. Outsourcing is the use of outside organizations to provide services for a firm. Offshore outsourcing is a form of outsourcing, and it is defined as the use of an outside service provider...
Executive Summary This study aims to analyze the aviation strategies; to do so, the paper focuses on thoroughly investigating the visions and individual policies of the aircraft producers, and the proceedings after the launch of B787 and A380 along with the reaction after the launch of B747-8 and A350. It...
Strategy Change Cycle Importance of the Hiring Strategic Planning Consultant Habitat for Humanity Texas is a non-profit making organization that seeks to work with various stakeholders within this country to provide homes for the financially challenged people living in Texas. Besides organizing for loans, this organization also offers full sponsorship...
Specific issues to be considered by international firms in developing their international strategies that are distinct from those considered by firms not involved in international trade Doole and Lowe (2008) consider a number of issues to play a significant role in developing international business strategies at industry and country levels....
Executive Summary McDonald’s is one of the successful global organizations. Ray Kroc established it in 1955. Currently, it has more than 35,000 retail stores that serve beyond 70 million customers every day. The company expands globally through the franchise business model. By 2013, McDonald’s reported a net revenue of more...
Executive summary Ritz Carlton needs to increase its occupancy rate. It needs to ensure that its new establishment picks up very fast. Its biggest bottleneck in meeting service demands is caused by the employee recruitment process. It takes longer to open faster and makes the hotel lose opportunities. Relying on...
Introduction and Company Background The challenges associated with the implementation of strategies among business organisations are numerous. The hurdles are especially prominent among multinational companies, such as Starbucks Corporation. The current study involves a thorough analysis of challenges related to strategy implementation with regards to management. The author identifies some...
Abstract Visions and missions are considered by business administrators to be important concepts of strategic management. The statements dictate the company’s future and direction. In addition, they influence employees’ behavior in the job setting. In spite of the extensive research conducted on these elements, some managers and business owners still...
Introduction With the rapidly changing political and economic environments coupled with the requirements posed by globalization, governments from all over the world are faced with numerous challenges. They have to improve public services, provide higher added value, and increase accountability to be able to satisfy the ever-growing expectations of their...
Introduction Strategic Quality Management (SQM) is a process identified in management literature as a blend of total quality management (TQM) and corporate strategy (Juran & green, 1993, Cited by Pheng & Hong, 2005). The SQM concept suggests that considering the provision of quality products and services can have a positive...
Abstract This paper is concerned with the topic of implementation of strategic management in organizations belonging to the public sector. Whereas strategic management is widely utilized by private companies, its use by public institutions is a relatively new trend. This paper shows that employing strategic management in these institutions can...
Abstract As organizations strive to ensure results and system solutions that meet the desires and preferences of consumers, there is a dramatic shift of organization towards project management. Organizations have indicated both success and failures in the implementation of project management. The main reason for such occurrence is that organizations...
Introduction The growth in Internet technologies has facilitated e-commerce significantly. The industry has grown to include online services related to electronic funds transfer, Internet marketing, sales, data collection, and inventory and supply chain management among others. The notable trends in e-commerce are mainly innovation in products and services by using...
Business-level competitive strategies Cost-Leadership Strategy This strategy mainly calls for the firm to maintain low costs in production within the industry for up to a certain level of the industry. It is achieved by determining average prices through which products are sold in the industry. As a result of the...
The significance of different types of information systems (ISs) has been acknowledged by many business icons (Diez and Brian 3). Advancement in the provision of information has led to the development of information systems which support business plans and corporate missions (O’Brien and George 5). Generally, the most common information...
Introduction Strategic planning is one of the core elements that an organization has to implement to foster its productivity. It usually entails the formulation of strategies aimed at the transformation of organizational or personal resources into meaningful output, with the sole objective of enhancing productivity. Strategic planning and management is...
CISCO Case Study Cisco Value Chain Model One of the important tools used in analyzing the internal environment of an organization is value chain analysis. Weiler and Schemel (2003, p. 3) define the value chain analysis model as an organizational approach that explains business activities based on the activities’ economic...
Introduction The purpose of this report is to explore the influence of strategic human resource management practices at the Abu Dhabi Tourism and Culture Authority (TCA). For the purpose of this report, strategic human resource management entails policies and practices that are developed and implemented to facilitate an organisation’s objectives....
Historical Background of the Industry in the UAE The Period Between 1970 and 1989 The UAE Airline Industry was established in the year 1971 under the stewardship of Sheikh Zayed following the unity between Dubai and Abu Dhabi. By the end of the year 1971, the industry had more than...
Abstract In the current business environment, organisations are facing a serious problem of managing dynamism of the external environmental factors. The external business environment keeps on changing, and firms are forced to master these changes and align their operations to them in order to remain competitive. This means that they...
Introduction Nissan Motor Company is a private limited entity, which was established in 1933. Since its inception, the firm has managed to establish a global market presence. Moreover, the firm has positioned itself optimally in the global market courtesy of investment in advanced engineering and technology, quality management, and plant...
Executive Summary Management is a career that virtually everyone would like to pursue. This is because a management career is characterized by a myriad of benefits, and finding a managerial job is easy for people in all professions since managers are required in all industries. Among management careers, human resource...
Introduction Continuous improvement requires establishment of best quality principles and guidelines for its effective and efficient implementation. Moreover, these principles and guidelines must be proactive and reactive to guarantee continued improvement for the company’s business. This should always seek to achieve improvement of service delivery to clients (Elaine, 2011). Moreover,...
Introduction Albawardi Enterprises has been in operation since 1980. It has served divergent needs within the United Arab Emirates since its formation. The company has established ventures in the energy sector, IT field, corporate sectors and also in the contracting business. It has integrated a number of businesses that trade...
Introduction Performance management is a business or organizational management tool that enhances the effectiveness and efficiency of activities. An organization or company applies performance management tool in analyzing and evaluating the overall performance of the organization or individual employees. The performance management enables an organization to streamline its activities, which...
Introduction Online business has become the core business for most organizations. Most businesses are finding it very profitable to engage in online business. This is so as it reduces the cost of doing business and also reaching out to a wider untapped market. Online business involves using the internet to...
Introduction Any organization that wishes to gain a competitive advantage in a dynamic operational environment that comprises immense competition must apply effective strategic management efforts to remain relevant and gain a market share that would push it to break-even. The objective of any company is to deliver values to its...
Introduction Walmart is one of the most successful companies which have demonstrated the use of the Nadler &Tushman’s congruence model to explain how inputs are successfully transformed into outputs in a competitive business environment. The model shows how organisational performance can be successfully achieved by putting inputs the functions of...
Company Overview The Walt Disney Company, headquartered in Burbank, CA, USA, is a diversified entertainment company operating worldwide. Operations are primarily conducted in the following regions: Asia Pacific, Europe, Latin America, and North America. The company employs approximately 149,000 people worldwide and recorded total revenues of $38,063 for the 2010...
Using any industry with which you are familiar, please analyze the industry using Porter’s Five Forces Model Supplier power Suppliers in the smartphone industry play a very vital role which could affect prices at any given time. Microchips which are a key material in the manufacture of smartphones are supplied...
Executive summary Innovation Computers is a multinational information technology company located in the United States of America. The company mainly deals with the provision of computer-related services, both software and hardware development and innovation of computing technology that are frequently used by large enterprises, small and medium-sized enterprises, education sectors,...
Introduction Background information Organizational growth and performance is always under the influence of strategic management, changes in organizational structures, policies, management and standards. However, the process of implementing new ideas, concepts and business processes has to be efficient and effective in order to bring all the expected improvements. A number...
