BUSI 410 Business Analytics Module 22: Revitalizing Dell 1 Last lecture • Home Depot revenue (forecasting) • Using correlation to choose lag • Using Durbin-Watson statistic to test missing drivers • Out-of-sample model validation 2 Dell’s success strategies • Direct model (marketing) – “Cut out the middlemen.” – NC born Harlem drug lord Frank Lucas • Mass customization (design) – Modularity – Component commonality – Postponement • Lean manufacturing (operations) – Just-in-time
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March 4‚ 2011 Case-Revitalizing Dell I. Diagnosis Question 1: The most critical shifts in Dell’s contextual factors‚ including industry dynamics‚ trends‚ technology changes and shift of the competitive landscape are following: The industry has changed significantly over the last 20 years. The traditional business model in the PC industry was inside-out‚ supplying machines based on orders from distribution‚ resell and retail channels‚ thus following the indirect selling concept. Dell’s direct
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Bite-size Learning Work-related learning has traditionally been associated with training courses that take up time away from the workplace. It is possible to deliver learning in frequent‚ bite-sized chunks on a more regular‚ and less time-consuming basis‚ however. If you think about it‚ most of our learning outside work is done in frequent short sessions- a driving lesson‚ a television documentary‚ or a French class. Why not build on what works? We know that many organisations would like to get involved
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in1990‚ Dell emerged as a strong business entity in the computing industry. With the advent of personal computing‚ the major players in the industry were IBM‚ Compaq and HP. Between 1994 and 1998‚ Dell’s growth was faster and twice its major rivals (IBM‚ Compaq‚ Gateway‚ and Hewlett- Packard). It provided high performance PC at a very low price. Through the introduction of Dell’s Direct Model‚ it enjoyed high competitive advantage and earned quite a success. Using the “Direct Model”‚ Dell sold primarily
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Michael Dell is the founder and the chairman of one of the most successful computer companies in the world. He led the company on its way to high growth and profitability. The company was always in the forefront of the direct selling concept and currently dominates the personal computer business. Business the Dell Way‚ by Rebecca Saunders studies the leadership and entrepreneurial skills of Michael Dell and his influence over his organization ’s success. The Book brings into light an array of
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Developments in containership sizes and their impact on terminal productivity. Introduction Since the invention of the container‚ the developing of container vessels has gone fast. Where the first container vessel had a capacity of just 58 TEU‚ nowadays container vessels carry over 11‚000 TEU. This development happened in only 40 years. Before the invention of the container‚ cargo was handled by hand. The loading and unloading of ships took days or even weeks‚ in this way it was not possible to
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Super Size Me In 2004‚ documentary filmmaker Morgan Spurlock began an experiment to see how eating only McDonald’s‚ three meals a day‚ would effect a person’s health; physical and mental. The fact that our generation eats more fast food than ever before makes this experiment interesting‚ along with Morgan’s antics and humor. The main claim behind this documentary film is that the abundance of fast food chains‚ the fatty foods that they serve‚ and the vast amount of people that eat at these restaurants
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Starbucks drink sizes （这是第一部分） Demi-3 oz(89ml) The Demi size is the smallest size at Starbucks‚ and is used to describe an espresso drink size. Short - 8 oz(240ml) It’s not very commonly ordered(even though it’s a completely normal amount of coffee to drink at home)‚ and you can only get hot drinks in a Short size. Tall - 12 oz(350ml). Tall is considered to be a “small” sized drink. In fact‚ if you order a ’Small’ at Starbucks‚ you get a Tall. Grande - 16 oz.(470ml) Pronounced “GRAWN-day”. A Large Tim
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The term "common law" originally derives from the 1150s and 1160s‚ when Henry II of England established the secular English tribunals. The "common law" was the law that emerged as "common" throughout the realm (as distinct from the various legal codes that preceded it‚ such as Mercian law‚ the Danelaw and the law of Wessex)[43] as the king’s judges followed each other’s decisions to create a unified common law throughout England. The doctrine of precedent developed during the 12th and 13th centuries
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many ways‚ the Dell story is a textbook example of American entrepreneurship. Michael Dell began by selling computers from the trunk of his car and quickly rose to being CEO of a highly respected computer manufacturer. Dell’s business model was simple: make computers to order and deliver directly to the customer. As the company grew‚ it encountered growth problem. A maturing industry caused Dell to rethink it’s business model and this case study asks the question‚ “Should Dell continue with its
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