McKinsey & Company: Managing Knowledge and Learning Group 2 – Section A Aditya Dave 11P005 Anand Jhunjhunwala 11P009 Pragati Sangal 11P031 Pratikshit Pandey 11P032 Saurabh Bhandari 11P041 1. What was McKinsey’s unique source of competitive advantage developed by James O. McKinsey and later by Marvin Bower? James O. McKinsey * Recruited experienced executives and trained them on an integrated approach which he called the General Survey outline * Sequence
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1. Strategy Walgreens strategy is to focus on serving its customers better by offering low cost alternatives and the best overall value and improve customer’s experience‚ for example prescription savings club. Another strategy is to offer organic store growth; it is slower growth offer to big positives like more time to develop the management ranks and focus on improving the customer experience with greater flexibility to invest in opportunities. 2. Structure Walgreens structure was revised
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EVALUATION OF VIRGIN GROUP ACCORDING TO THE 7-S MODEL. According to Waterman and others‚ 7-s model is a framework for change identifying seven key factors that adversely affect change in an organization. Virgin Group can be analyzed according to this model as follows: 1. STAFF The staff of Virgin Group is highly motivated. Richard Branson‚ the owner of the group serves as a good example to the employees as he leads by example by not living an extravagant life which may make the employees
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McKinsey Matrix (The GE multi factoral) With the help of McKinsey and Company‚ a leading consulting group‚ the General Electric Company (GE) developed a popular business portfolio analysis tool called the GE Multifactor Portfolio Matrix. This tool helps managers develop organizational strategy that is based primarily on market attractiveness and business strengths. Industry attractiveness might be determined by such factors as the rate of industry growth‚ the number of competitors in an industry
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.............. 5 The company: Starbucks............................................................................................. 5 Overview of the 7s Framework................................................................................... 7 Shared values .............................................................................................................. 9 Strategy ...............................................................................................................
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of the brands managed by the group include: Pepsi‚ 7-Up‚ Mirinda‚ KFC‚ Pizza Hut‚ Phillips N.V‚ Whirlpool‚ Maybeline‚ Garnier‚ Heinz‚ Frito-Lay‚ Lindt‚ Servier‚ Novo-Nordisk. Other aspects of the business include: Pharmaceuticals (Eskayef Bangladesh Ltd. www.skfbd.com) Newspapers (Prothom Alo www.prothom-alo.com & The Daily Star www.thedailystar.net) FM Radio (ABC Radio FM 89.2 www.abcradiobd.fm) Distribution (Transcom Distribution Company ltd.) The Mission: Transcom’s mission and vision are combined
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Chapter 12 McKinsey 7S Ch12. McKinsey 7S • • • • • • • • Short Description Background Strategic Rationale & Implications Strengths & Advantages Weaknesses & Limitations Process for Applying Technique Case Study: Kenya Airways FAROUT Business and Competitive Analysis. By C. Fleisher & B. Bensoussan. FT Press 2007. All Rights Reserved. Ch12.2 Ch12. McKinsey 7S Short Description • The McKinsey 7S model is a diagnostic management tool used to test the strength of the strategic degree
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Analyze the Hotel Industry in Porter Five Competitive Forces Dr. David S. Y. Cheng‚ Faculty (Business) Upper Iowa University – Hong Kong Campus ABSTRACT This article is going to discuss the strengths and weaknesses of the Hotel Industry on a global basis and to study the viability of a hotel project‚ taking into account the five competitive forces of Michael Porter’s Model. The main competitive forces and factors within those forces will determine the feasibility and potential profitability in a
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Chapter 12 McKinsey 7S Ch12. McKinsey 7S • • • • • • • • Short Description Background Strategic Rationale & Implications Strengths & Advantages Weaknesses & Limitations Process for Applying Technique Case Study: Kenya Airways FAROUT Business and Competitive Analysis. By C. Fleisher & B. Bensoussan. FT Press 2007. All Rights Reserved. Ch12.2 Ch12. McKinsey 7S Short Description • The McKinsey 7S model is a diagnostic management tool used to test the strength of the strategic degree
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------------------------------------------------- Case Study Review on McKinsey & Company: Managing Knowledge and Learning. Harvard Business School. Article 9-396-357. Rev. January 4‚ 2000 ------------------------------------------------- Knowledge is fundamentally a cognitive phenomenon (Geisler‚ 2007.p. 467) which is embedded in the intellectual capital: the human and structural capital (Bercerra-Fernandez‚ Gonzales and Rajiv Sabherwal‚ 2002‚ p.3) of organizations. The acquisition or to be
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