我們試著以Wal-Mart的Strategic Activity System來回答:
a. 藍色表示競爭策略主題(theme) b. 綠色表示策略主題下相關行動 c. 多數行動彼此高度鏈結 d. IT系統當然是核心能耐,但應 屬主題下的策略行動。
不難發現由幾個主題所建構而成的activity system其實有相當的因果模糊性與模仿不確定性,擇要說明如下: ha. 初期即在小鎮設點(局部獨占!)。打破零售業往人多的都會地區展店之思維、卻也迴避了競爭壓力。
b.
Team Report and Team PowerPoint Presentation (D2L dropbox) at 800 a.m. on the day of your Recitation. (A) Team Project Description Scenario You recently inherited your grandfathers coffee shop, which is conveniently located in downtown East Lansing. The cafe offers many different kinds of coffee and tea, a full service bakery, and sandwiches, soups, and salads. Your grandfather first opened the coffee shop in 1952 and it was a local hotspot for many years. Although your grandfathers coffee shop was a local hotspot for many years, business has been steadily declining over the last five years. Although your grandfather was an expert at running the coffee shop, it is outdated. There are no computers in the store and all ordering takes place manually. Your grandfather had a terrific memory and knew all of his customers by name, but unfortunately, none of this information is located anywhere in the store. The family recipes for the baked goods and soups are also stored in your grandfathers memory. Inventory is tracked in a note pad, along with employee payroll, and marketing coupons. The Cafe does not have a Web site, uses very little marketing except word-of-mouth, and essentially still operates the same as it did in 1952. You will own and operate your grandfathers coffee shop, taking advantage of business practices discussed in our ITM 309 class to increase profits, keep the business running, and bring the cafe into the 21st century. One of your first decisions is to define a new business strategy for your grandfathers coffee shop and introduce IT to enable the strategy and enhance operations. Example IT improvements may include automating inventory updating and payroll, keeping track of customer information, creating a coffee shop website for promotion and offers, recording the recipes in a database, and offering Wi-Fi. Task The goal of…
It is difficult to clearly understand the goals of a company unless you look at the strategic planning involved. What is strategic planning? Strategic planning is simplifying the overall purpose and desired results of an organization, and showing how those results will be achieved. If the strategic plan is properly prepared and understood, then the company will continue to grow and thrive. Wal-Mart is a multimillion dollar empire that provides goods and services to communities all over the world. They are able to do this is because they…
Current and expected government policies and regulations, including taxes and regulations in place to address issues related to externalities…
Megan McArdle, the author of Walmart's Wage Experiment Works... for Workers, compares wage increases with different workforces at Walmart stores. McArdle provides the reader with ideas and questions like, "What happens if different stores did this?" and other questions relating to the effort needed to continue production if Walmart increased or the number of employees needed to fill the new workplaces. Claims like, "Paying higher wages has allowed Walmart to attract better workers, resulting in cleaner, nicer stores." Throughout the article, McArdle compares Costco's way of work with Walmart's and concludes that people living/working in rural(ish) areas generally make less money and have less workers, so "up"ing the wages would help those less…
A firm’s strategic business plan should consist of its mission, future direction, performance targets and strategy. Walgreens’ corporate strategy, as reflected in its mission statement1, is to provide the most convenient access to healthcare services and consumer goods in America15. To help facilitate this, the company employs such things as online sales, online prescription refill capabilities, offers community health care clinics and monitors the effectiveness of in-store displays to improve customer’s shopping experiences. 12 million people visit its website monthly 15.…
This paper will discuss the structure of Wal-Mart's corporate culture and how it influences their employees. In order to understand an Organization Behavior there are different elements that will create the employees perspective of the organization’s culture such as the management’s philosophy, vision, values, and goals. The driving force of these elements will create the culture of the organization. An organization’s culture will define the leadership, and dynamics of the organization. With each element listed the employees of the organization will identify this as work life that will guide their level of motivation. Depending on which level of motivation the employees are at will determine the outcome of their performance, along with their satisfaction, and development. The entire elements combine helps to build the framework in the way the organization operates. (Davis, 1993) It is important for Wal-Mart to understand their employees’ job satisfaction, fairness, personal development and growth within its organization.…
The history of Walmart is quite interesting and goes all the way back to the 1960’s. Walmart was started by a man named Sam Walton and his brother. Mr. Walton had a degree in economics and used this degree to secure a management trainee position at JC Penny’s. With his degree and experience he gained working at JC Penny’s he, along with his brother, opened a Ben Franklin store. By the late 50’s they owned 9 Ben Franklin franchises.…
Business Objectives: Wal-Mart recognized that there was potential to reduce expenses and increase revenues if the company could develop a means to increase the efficiency of its supply chain and reduce employee costs related to employee theft and overall productivity. The company estimated that by increasing supply chain efficiency and minimizing stock-outs, the company could increase revenues by approximately $600 million annually. Moreover, Wal-Mart estimated that increasing overall employee efficiency could save up to $6.7 billion annually. Finally, the company recognized that approximately $575 million in expenses could be saved if they could eliminate the issue of employee theft. Wal-Mart was willing to make a long-term investment in a solution that could achieve these figures, as it is one of the few retailers in its industry that can afford to make substantial investments into the future and the potential benefits would far out way the costs in the long run. Wal-Mart estimated that in order to accomplish these objectives it would take a substantial investment over the next 5 to 10 years, as new technologies would have to be developed and pushed down to suppliers.…
There are large and small businesses all across the country, with many different public and private accounting firms that handle their accounts. Many of these businesses are raking in millions and millions of dollars a year. Wal-Mart is one of them. We will be exploring Wal-Mart and how it came about as a business, along with examining their balance sheets, income statement, and the cash flow statement. We will also be taking a look at what Wal-Mart’s current revenues are over the annual reporting periods, and who handles their accounting process.…
Winings, J. (2005). The six steps to six sigma using. Six Sigma SPC. Retrieved on 18 August, 2006 from Website: http://www.sixsigmaspc.com/six-sigma/sixsigma.html#sixsigmaastep…
Boschee, Ed. D, M. A., & Jacobs, Ed. D, G. M. (April 1998). Ingredients for Quality Child Care.…
Today, Target is the second largest general merchandise in America with many competitors who offer very limited competition. As one may look at it, Target isn’t really a discount store, but rather a superstore where a customer could get everything they need in one single location. Target is not the ideal store where customers would want to go if they are looking for low cost products such as Wal-Mart; however, the remarkable in-store experience allows a consumer to spend more money than they need to but also persuades them to come back and shop again. Target was able to grow as the second largest merchandise in America because managers are investing in employees that are willing to learn, and are able to identify and address customer’s needs and desires.…
Lindner, P. (2005, January 1). 50 Ways to Roll Back Wal-Mart. Daymon Worldwide Design, Stanford, CT.…
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