BBC STRATEGIC PLAN Candidate Numbers: 906433 521876 399272 473227 358800 1 Contents 1. Executive Summary 2. Company Background 3. Objectives 4. Analysis 4.1. External Analysis 4.1.1. Macroeconomic Trends 4.1.2. PEST Analysis 4.1.3. Industry Analysis 4.1.4. Porter’s Five Forces Analysis 4.1.5. Summary of Competitors 4.1.6 Strategic Group Analysis 4.2. Internal Analysis 4.2.1. Resource-based view 4.2.2. Strategic Business Units 4.2.3. Strategic Capability 4.2.4. Financial Analysis 4.2.5
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in the east end of London‚ Tesco today is the largest retailer in the UK with over £59 billion sales in 2008. In this dynamic environment‚ Tesco has managed to stay ahead of its competition through focus on people‚ both customers and employees. However‚ in today’s rapidly changing globalised environment‚ anything could happen. Companies today need to always innovate and reinvent themselves in order to maintain their competitive advantage. The macro environment that Tesco operates in provides both
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Topic One Understanding the difference between Leadership and Management • Explain the difference between leadership and management I believe management is a set of processes that need to be adhered to‚ to make an organisation function‚ like planning‚ organising‚ staffing‚ directing‚ solving problems‚ measuring performance. Managers will be trained and understand these procedures and implement them leading to a good working environment. Leadership is about clear communication‚ motivating and
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Introduction • Terms of reference: What is your report setting out to do (Strategic Fit Analysis of Starbucks – which business segment and country?) • A very brief introduction to Starbucks (e.g. outline of history‚ current market position and strategy) • A brief introduction to the country/market environment Starbucks has 3 operating segments: • The International segment (company-operated stores and licensed stores‚ and foodservice accounts primarily in Canada and the United Kingdom*) • The
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managers and leaders within different organizations‚ I have discovered that they play very different roles. Often the lines of effective management and effective leadership get blurred. Though there is in fact some overlap between the two roles‚ they actually draw on different‚ and sometimes contradictory‚ qualities. Here is how management and leadership styles differ across several categories such as personality‚ goals‚ strategy‚ qualifications and experience‚ and relationship to employees. When
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Leadership Style Leadership Style Introduction Leadership is a term that is heavily used in today’s society and is often times overlooked for its true meaning. In our text it is defined as “the ability to influence a group toward the achievement of a vision or set of goals” (Robbins‚ 01/2012‚ p. 368). After serving in the Marine Corps for five years I have seen many different leadership styles; some which were effective‚ and others that were not. The leader that had the most influence
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STRATEGIC MANAGEMENT PAPER I. Introduction a. Company Background b. Paper Design and Methodology c. Scope and Delimitation II. External Analysis a. Economic Forces b. Political Forces c. Socio-Cultural d. Technological e. Environmental f. Competitive Forces III. Industry Analysis a. Industry Analysis – Introduction about the industry b. Marketing Mix 1. Product and Market Share 2. Price 3. Promotion 4. Distribution Channels 5. Customer 6. Target Market 7. Competition
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Developing a Strategic Vision In the strategy developing process‚ at very early stage‚ company managers need to pose a set of questions; like ‘What is the vision of the company‚ where company should be headed‚ what should its future technology – product – customer focus be‚ what kind of enterprise do we want to become‚ what industry standing do we want to achieve in fixed time frame like ten years time?’ Keeping all these necessary questions in view‚ long term strategy is formulated‚ and Management’s
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Cited: Robbins‚ S. P.‚ & Coulter‚ M. (2012). Management‚ Eleventh Edition. Prentice Hall.
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Leadership and Decision Making Introduction Leadership is when one gives direction to a group or organization. Leaders consistently make executive decisions. It is important that leadership do not fall into psychological traps hindering them from succession planning‚ product development‚ and acquisition (Hammond‚ Keeney and Raiffa‚ 2006). According to “The Hidden Traps in Decision Making” article written by Hammond‚ Keeney and Raiffa (2006)
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