Strategic Direction of Apple in the Enterprise
Apple (NASDAQ: AAPL) has emerged as one of the most profitable and prolific companies in the world, generating a market capitalization rate of $623B as of this writing in late August, 2012, delivering $148B in evenues in their latest fiscal year and $40B in Net Income (Apple Investor elations, 2012). One of Apple's greatest strengths is its ability to quickly translate innovative product concepts and designs into state-of-the-art products that deliver exceptional customer experiences. Apple has honed this through decades of disciplined execution and a continual focus on creating a highly synchronized supply chain, highly collaborative product design and development workflows, and the ability to take concepts to completed products in a fraction of the time of their competitors (Murray, Goode, Muro, 2010). Apple is credited with creating the smartphone market, tablet PC, cloud-based music buying and delivery service (iTunes), centralized document and image…...
mlaReferences
Apple, Investor Relations (2012). Investor Relations. Retrieved August 23, 2012 from Apple Investor Relations and Filings with the SEC Web site: http://www.apple.com/investor/
Chang, W., & Weng, S. (2012). Revisiting customer value by forecasting E-service usage. The Journal of Computer Information Systems, 52(3), 41-49.
Fleischer, V. (2006). Brand new deal: The branding effect of corporate deal structures. Michigan Law Review, 104(7), 1581-1637.
Hamlin, C. (1994). Team building a global team at apple computer. Employment Relations Today, 21(1), 55-55.
Some online retailers will adjust their margins so low that the only money to be made is from the phone contract, not the actual hardware. For adio Shack to compete using its current model of neighborhood expertise it must push that idea- expertise. In order to ensure this to the degree necessary in the competitive market, it must incentivize its retail sales force so that they not only work to sell the appropriate product, but are retained at S in order to build a paradigm of expertise.
Ethical Business- However, in line with appealing to a broader market, adio Shack initiated a series of initiatives designed to push the consumer back into its stores: the Customer Service signage and program; revamping fixtures and upgrading stores; increased marketing to consumer segments, and reconnecting with the do-it-yourself customer, which has been the core basis of the company's success for almost a century.…...
mlaREFERENCES
Annual Report 2011- Radio Shack. (2012). Retrieved from: http://ir.radioshackcorporation.com/phoenix.zhtml?c=84525&p=irol-irhome
Radio Shack BBB. (2012). BBB Business Review. Retrieved from: http://www.bbb.org/fort-worth/business-reviews/electronic-equipment-and-suppliers-service-and-repair/radio-shack-corporation-in-fort-worth-tx-52110001#reasonrating
Radio Shack Reports Financial Results for Third Quarter 2012. (2012). Radio Shack News Release. Retrieved from: / phoenix.zhtml?c=84525&p=irol-newsArticle&ID=1748509&highlight=http://ir.radioshackcorporation.com
Radio Shack Mission. (2011). About.Com Retail Industry. Retrieved from: http://retailindustry.about.com/od/retailbestpractices/ig/Company-Mission-Statements/Radio-Shack-Mission-Statement.htm
L'Oreal's Strategic Direction
Amidst the global economic downturn, France's cosmetics giant L'Oreal corporation outperformed projections in the first ten months of 2010. ith the first three quarters earnings exceeding +11% in sales revenues, the L'Oreal Group continued a strong trend following € 17.5 billion consolidated sales in 2009, with 23 global brands in 130 countries, and 674 new patents. Innovation has kept L'Oreal's market position in front of its competitors, and the company has upheld its promise to stakeholders and its 64, 600 employees alike to continue as the world leader in cosmetic products. Insight into L'Oreal's rare success in a moment in crisis is revealed in the Company Mission Statement,
"At L'OREAL, we believe that everyone aspires to beauty. Our mission is to help men and women around the world realise that aspiration, and express their individual personalities to the full. This is what gives meaning and value to our business,…...
mlaWorks Cited
Conjoint Analysis Model Demonstration, Dobney.com, 2010. Web.
Edgeman, R. et al. Six Sigma for Government IT: Strategy & Tactics for Washington, D.C. Boise: University of Idaho, nd. Web.
Baker, S. New Consumer Marketing: Managing a Living Demand System. Hoboken, NJ: Wiley, 2003. Print.
Blattberg, R.C. And Thomas, J.C. Valuing, Analyzing and Managing the Marketing Function using Customer Equity Principles. In Iacobucci, D. Kellogg on Marketing. New York, NY: John Wiley & Sons, 2001.
Business Vision, Mission, Values and Strategic Direction
Egelsbach Private Investigation is a company that undertakes investigation services to clients in the U.S.A. It services include private security to individuals and corporations, giving legal advice to clients on business and personal matters, and conducting investigations to uncover information otherwise unavailable to our customers. Private investigation services entail digging and revealing information that can lead to legal action against offending parties. This is why Egelsbach Private Investigation has included in their service outlay the legal service of litigation and advising clients.
In providing security to individuals and property the company embraces both personalized and general services. The personalized services which are premium services are offered in accordance to client specific needs and depending on the risks the client(s) would be in. The general services include gate manning and transportation services which is mainly provided to companies and corporations in transfer of their assets.
The business…...
mlaReferences
Crans, F., Gaich, N., & Hisscock, E. (2009). Relationships drive transitional supply chain leaders. Healthcare Purchasing News, 33(7), 44-45.
Crans I., Gaich K., & Hisscock J. (2009). The Difference between vision and mission. Management accounting Journal, 56(8), 185-190.
Lorenzen M. (2006). Strategic Planning for Academic Library Instructional Programming. Illinois West Publishing.
Michael A., & Jude K. (2005). Strategic Planning for Nonprofit Organizations. Second Edition. . Australia: John Wiley and Sons.
2.0 Nature Tourism
2.1 Capitalizing on existing infrastructure and programs
Currently, the BRTA organizes adventure tours including whitewater rafting, 4x4 off-road adventures through the hills, and also mountain bike touring. The BRTA should ensure that all equipment is up-to-date, and should solicit investment from private companies interested in increasing competition and growth in this sector.
2.2 New opportunities
While adventure tourism remains a strong point of Bilby's tourism potential, the town also needs to incorporate more relaxed and leisurely activities into its portfolio. Farm tourism is one area that Bilby can excel, becoming a regional destination for families and individuals interested in orchards and other agricultu products Bilby is famous for. The BRTA should make sure that its Web site adequately publicizes the annual events related to farm tourism as well.
Conclusions
With a few strategic improvements to the BRTA's approach, Bilby can become a destination for families, couples, and independent travelers. The small size of…...
The biggest failure of this article is the lack of directness and candor the authors call out CEOs for not having a consistency of vision and direction to support their organizations, and in so doing, create effective incentive and compensation programs. The authors have proposed no metrics despite a wealth of theorems and theoretical constructs, further distancing their analysis from the immediate, pragmatic needs of companies who require a very consistent vision in order to succeed.
eferences
otemberg, J.J., & Saloner, G. (2000). Visionaries, Managers, and Strategic Direction. The and Journal of Economics, 31(4), 693-716.
Wilson, I. (1992). ealizing the power of strategic vision. Long-ange Planning, 25(5), 18-18.
Leading Change Critique
Body of the Critique and Summary
The foundation of Leading Change (Gebhart, 1996) is the eight phases of the Kotter Model of Change. The author has carefully defined each of the eight stages of the Kotter Model of Change, making the first, which is…...
mlaReferences
Gebhart, J. (1996). Leading Change. Sloan Management Review, 38(1), 119-119.
Iveroth, E. (2012). Leading global it-enabled change across cultures. European Management Journal, 30(4), 340.
Strategic Planning
The business that I want to start is a small barbeque and soul food restaurant. This business will have one location to begin with. The business will be defined by the quality of the food and the fun, comfortable atmosphere of the restaurant. This paper will first explain the benefits of strategic planning, and then outline some of the strategic plan for my new restaurant.
Strategic planning is "an organizational management activity that is used to set priorities, focus energy and resources, strengthen operations, ensure that employees and other stakeholders are working towards common goals and ensure that the organization is setting its direction in relation to the external environment (BSI, 2013). Thus, strategic planning begins with a mission and vision for the company and what it wants to accomplish. These things underpin the actions and directions that the company wants to take.
There are several different elements of the strategic…...
mlaReferences
BSI. (2013). What is strategic planning? Balanced Scorecard Institute. Retrieved December 4, 2013 from https://balancedscorecard.org/Resources/StrategicPlanningBasics/tabid/459/Default.aspx
Ashkenas, R. (2013). Four tips for better strategic planning. Harvard Business Review. Retrieved December 4, 2013 from http://blogs.hbr.org/2013/10/four-tips-for-better-strategic-planning/
Conerly, B. (2013). 3 strategic planning pitfalls. Forbes. Retrieved December 4, 2013 from http://www.forbes.com/sites/billconerly/2013/08/15/3-strategic-planning-pitfalls/
Norman, L. (2013). What are the four basic functions that make up the management process? Houston Chronicle. Retrieved December 4, 2013 from http://smallbusiness.chron.com/four-basic-functions-make-up-management-process-23852.html
In both cases, Barclaycard should expand with the aid of its already existent products. Were the new markets or territories to retrieve the desired outcomes, the bank could develop and launch new products and services.
3. ecommended Alternatives
Out of the strategic alternatives presented in the previous section, the organization has to choose those that best fit its unique needs and features. They must also focus on the strategies that help the bank better adapt to the changes and requirements of the micro and macro environments. In order to make the best informed decision, the officials at Barclaycard should analyze each strategy proposed and identify its positive and negative implications. Based on the analysis, the final recommendation would be made.
The product diversification strategy implies additional expenditure and does not guarantee a positive return on investment, just like the expansion strategy for that matter. The first one however is necessary as it helps…...
mlaReferences
Batlz-Lazo, B., Hacialloglu, N., Barclaycard: Still the King of Plastic?, Case Study
Dorf, R.C., Byers, T.H., 2004, Technology Ventures: From Idea to Enterprise, the McGraw Hill Companies
Hoskisson, R.E., Hitt, M.A., 1994, Downscoping: How to Tame the Diversified Firm, Oxford University Press
Kono, T., Clegg, S.R., 1998, Transformation of Corporate Culture: Experiences of Japanese Enterprises, Walter de Gruyter Inc.
Strategic Management
The Case for Diversification
Deltacom/Earthlink is facing a challenging operating environment. As a regional player in an intensely-competitive market, we face an uncertain future. We acquired Deltacom in order to facilitate future growth, but a quick look at our financials indicates that our growth has flatlined and our profits declined to almost nothing last year (MSN Moneycentral, 2013). One of the issues is that there was considerable overlap between Earthlink and Deltacom, and we felt that this would provide us with synergies, in reality it simply made us bigger without enhancing our operations or reducing our risk. At this point, we probably need a new strategic direction in order to ensure our future survival. Diversification is one of the best strategies to achieve this.
In portfolio management, diversification is a strategy where a number of different types of investments are created in a single portfolio (Investopedia, 2013). The underlying logic is…...
mlaReferences
Investopedia. (2013). Definition of diversification. Investopedia. Retrieved November 22, 2013 from http://www.investopedia.com/terms/d/diversification.asp
Investopedia. (2013). Risk and diversification. Investopedia. Retrieved November 22, 2013 from http://www.investopedia.com/university/risk/risk2.asp
Katzenstein, J. (2013). Diversification strategies. California State University. Retrieved November 22, 2013 from http://som.csudh.edu/depts/adjunct/jkatzenstein/mgt490/Diversification%20Strategy%20Presentation.ppt
MSN Moneycentral (2013). Earthlink. Retrieved November 22, 2013 from http://investing.money.msn.com/investments/stock-income-statement/?symbol=elnk
The main advantage is that the stories are well documented and written in an objective manner.
008, GSK Outlines Plans to Become More 'Biotech-like', Fierce Biotech, http://www.fiercebiotech.com/story/gsk-outlines-plans-become-more-biotech/008-06-10 last accessed on June 3, 009
009, GlaxoSmithKline Plc., Hoovers, last accessed on June 3, 009 -- Hoovers is a centralized database that reveals information on multiple organizations. The benefit is that the data offered is extensive and comprises features such as industry forecasts, competition nature and organizational financial highlight, alongside with description of the respective company. The downside of the source is however given by the reduced amount of free information and for more extensive data, the user has to create a paid account.
009, The Industry Handbook -- Biotechnology, Investopedia, http://www.investopedia.com/features/industryhandbook/biotech.asp last accessed on June 3, 009 -- Investopedia.com has been developed as an initiative of the highly popular and leading business publication Forbes. It can be useful for novice as well as…...
mla2009, Website of GSK, last accessed on June 3, 2009 -- The official of the British pharmaceutical company is a highly useful research tool as it contains vast information on the organization, its strategies and its products. It is however insufficient as it does not contain any information on the overall industry and as the organizational information are presented from their angle, without mentions of organizational problems.http://www.gsk.com
2009, myalli.com, / last accessed on June 3, 2009 -- the website presents the features of the Alli weight loss program in a manner that makes it attractive to the prospective buyer. The main role of the website was that of promoting the product, familiarizing the population with its existence and boosting sales. Despite the offering of extensive data on the product, the website under the patronage of GSK reveals the disadvantage of only praising the product and not seeming objective.http://www.myalli.com
GSK 2008 Annual Report, Retrieved from
In this sense, one could consider launching several new brands, specifically adapted to the South African market, created especially for it.
Second of all, in the markets where SA is a challenger, the main strategic objective is the increase of the company's market share. The current activity in this sense, with the acquisition of several important brands, seems to have delivered the expected results. As a pointer, it is advisable that the capacities in Central and South Eastern Europe be efficiently used, as these can provide significant scale economies for the company, given the lower overall production costs available in the countries. SA has already purchased local brands in Romania, Poland, Hungary or the Czech Republic, but, considering the particular efficiency of each of these local brands, the operating capacities can also be used to produce original SA brands (although in this case, one needs to consider the European market's…...
mlaBibliography
1. 2005. SAB Miller plc -Annual Report 2004. Page 2. On the Internet at
Each will be tied to different tactical objectives and timeframes. The effectiveness of the process will be measured in terms of adherence to time frames, cost and key market variables such as penetration and market share. Each variable should be quantitative to facilitate ease of measurement and evaluation.
A wide variety of legal issues will need to be considered. Doing business is foreign countries creates significant exposure to risk, in that the foreign legal environment can be substantially different from the domestic one. The nature and intensity of these differences will be considered. Also, it will be considered if there are any legal or ethical considerations domestically as a result of overseas expansion. To use an extreme example, setting up a factory in Cuba would create a host of legal and ethical concerns that would need to be accounted for in the option evaluation process. It will be critical to…...
mlaMitchell, Charles & Curry, Jeffrey E. (2003). A Short Course in International Business Ethics: Combining Ethics and Profits in Global Business. World Trade Press, Petaluma. 2003.
No author. (2000). Chapter Four: The Legal, Political/Trade Environment. Food and Agriculture Organization of the United Nations. Retrieved February 22, 2009 at http://www.fao.org/docrep/W5973E/w5973e08.htm
Boyce, Sharon Yvette. (2007). Using Intellectual Capital and Organizational Capacity to Enhance Strategic Implementation for Pharmaceutical Firms. Journal of Business and Public Affairs. Retrieved February 22, 2009 at http://www.scientificjournals.org/journals2007/articles/1072.htm
(J & J. Official ebsite, 2005) This is a wise description in that, rather than specializing in one arena of health care, Johnson and Johnson's diversity of products and character buffets it against some of the specific regulatory turmoil that has affected largely pharmaceutically-based health care companies, such as Pfizer and Merck. The stress on local managerial control also allows the company's diversity to be regionally specific and focused, tailored to the needs of its environment. Its lack of directive control is a calculated strategic decision of control that allows regional branches of J&J both to take advantage of J&J's diversity as a company and to tailor the company's resources to the region commercially.
orks Cited
Strategic Control." (2004) Johnson & Johnson Official Investor ebsite. Retrieved 1 Jan 2005 at http://www.investor.jnj.com/strategic.cfm...
mlaWorks Cited
Strategic Control." (2004) Johnson & Johnson Official Investor Website. Retrieved 1 Jan 2005 at http://www.investor.jnj.com/strategic.cfm
Strategic Management
It is very important that the factor of 'change' figures within an organization prominently. Different people utilize different approaches to implement these changes, and most often, it is that particular method that suits the organization the best that is used. Among some of the tried and tested methods of implementing change within an organization is the 'Delta Technique', which is one of the more popular and extremely successful methods used by the management. 'Delta' in fact means 'a small change' in Greek, and this is in essence what it represents. This technique has its base on the theory of Lewin, 1952, and it revolves around the three stages of change, like for example, when a piece of ice changes its shape, and it goes through unfreezing, changing, and refreezing. (Strategies for implementing change: an experiential approach)
Lewin has stated that it is very important to devote both time and energy…...
mlaReferences
Augustine. R. (July 04, 2001) "Planning and innovation in R& D" Business Line. Retrieved From Accessed on 7 July, 2005http://www.thehindubusinessline.com/businessline/2001/07/04/stories/040467au.htm
'All about Dividends" Retrieved From
http://beginnersinvest.about.com/od/dividendsdrips1/a/aa040904.htm
Accessed on 6 July, 2005
Strategic Planning & Strategy Formulation
Case: Strategic Planning & Strategy Formulation
Case Assignment -- Comcast
Comcast's Current Strategy
Current Event Blog
Discussion Question: Strategy Planning and Formulation
Case
Strategy Implementation & Evaluation
Current Event Blog 4 -- Strategy Implementation & Evaluation
Discussion Question: Strategy Implementation and Evaluation
eflective Discussion
Case: Strategic Planning & Strategy Formulation
Case Assignment -- Comcast
Comcast's Current Strategy
Comcast has developed a current business strategy that is completely focused on the customer. The company has positioned itself at the "intersection of media and technology" (Corporate.comcast.com, 2016). The company seems to be doing well and in 2015 the company had raised their dividend by 10%, for the eighth consecutive year.
The present strategy of the company is to focus on innovation and enhancing of customer experience and being innovative at the same time. The company claims that this strategy has paid off well for them. In fact, this business strategy of the company was adopted less than a year ago in May.…...
mlaReferences
Business success: Strategic unit comprehensive computer-based Expert support system. (1991). Long-Range Planning, 24(3), 107-108. http://dx.doi.org/10.1016/0024-6301 (91)90212-7
Carter, T. (2016). Comcast rolls out strategy for new emphasis on customer care. Mississippi Business Journal, p. 1. Retrieved from http://msbusiness.com/2015/05/comcast-rolls-out-strategy-for-new-emphasis-on-customer-care/
Collins, M., & Winrow, B. (2010). Porter's generic strategies as applied toward e -- etailers post -- e Leegin. Journal Of Product & Brand Management, 19(4), 306-311. http://dx.doi.org/10.1108/10610421011059621
Cooper, C., & Finkelstein, S. (2009). Advances in mergers and acquisitions. Bingley: Emerald Group Pub.
Thesis Statement:
Poor leadership is the primary factor contributing to business failures.
Introduction:
Begin by establishing the significance of leadership in business success. Highlight statistics or research demonstrating the correlation between effective leadership and organizational prosperity. State the thesis statement clearly, emphasizing the detrimental impact of poor leadership on business outcomes.
Body Paragraph 1: Lack of Vision and Strategic Direction
Explain how poor leadership can hinder the establishment of a clear vision and strategic direction for the organization.
Discuss the consequences of having a leader who fails to inspire and mobilize employees towards a common goal.
Provide examples of businesses that failed due to....
1. The Evolution of Nestlé's Corporate Strategy: A Historical Analysis
Trace the evolution of Nestlé's corporate strategy from its inception to the present day.
Analyze the key factors that have driven strategic changes, such as market conditions, technological advancements, and regulatory shifts.
Evaluate the effectiveness of Nestlé's past strategies in achieving its business objectives.
2. Nestlé's Global Expansion through Acquisitions: A Case Study
Examine Nestlé's extensive history of acquisitions as a key element of its corporate strategy.
Analyze specific case studies of major acquisitions, highlighting the strategic rationale and outcomes.
Evaluate the risks and rewards associated with Nestlé's acquisition-driven growth strategy.
3.....
Key Responsibilities of a Radiology Administrator in a Healthcare Setting
1. Strategic Planning and Management
Develop and implement short-term and long-term plans to enhance radiology services and align with healthcare organization's strategic direction.
Conduct market research, analyze trends, and identify opportunities for growth and improvement.
Establish and monitor performance metrics to assess radiology service quality and efficiency.
2. Fiscal Management and Budgeting
Oversee all financial aspects of the radiology department, including budget planning, expense monitoring, and revenue generation.
Ensure compliance with financial regulations and accounting standards.
Identify and implement cost-saving measures without compromising patient care.
3. Human Resources Management
Hire, train, and evaluate....
Corporate governance plays a crucial role in determining the performance and sustainability of organizations, especially in the industrial engineering sector. This essay investigates the relationship between corporate governance practices and performance within the context of companies listed on the Bursa Malaysia. By analyzing data and evidence from the industrial engineering sector, this study aims to provide insights into how effective corporate governance mechanisms can enhance financial performance and overall success of organizations in the Malaysian market.
One key aspect of corporate governance that impacts performance in the industrial engineering sector is the composition and effectiveness of the board of directors. A....
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