An Introduction to Strategic Cost Management (SCM) Vance Chan Associates www.vancechan.com Introduction to SCM ©1998 Vance Chan Associates. Not to be reproduced without permission. 1 The challenge Rising costs are everyone’s concern… Introduction to SCM ©1998 Vance Chan Associates. Not to be reproduced without permission. 2 The challenge In today’s economy‚ most companies must make fundamental changes to cost structure while trying to maintain growth Slower revenue
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such as acrylics‚ oxo-alcohols‚ butanediol‚ and styrene monomers. The company is based in Kuala Lumpur‚ Malaysia. Petronas Chemicals Group Berhad is a subsidiary of Petroliam Nasional Berhad. Petronas Chemicals Group Bhd‚ PCHEM is in the chemical business began in 1985 with the production of ammonia and urea. Since then‚ PCHEM’s operations have grown significantly both organically and through joint ventures with other key players in the petrochemicals industry. PCHEM began their first ethylene production
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AB311 STRATEGIC MANAGEMENT Academic Year : 2012/13 Course Coordinator Asst Prof. : Eugene KANG Semester : 2 Asst Prof. CHIU Shih-Chi Other Instructor(s) : Mr. Clive CHOO Asst Prof. Josh KELLER Mr. Charles LEONG Dr. WAN Chew Yoong This course outline contains generic information that will apply across all seminar groups. However‚ your instructor has the discretion to decide on the portions of this outline highlighted in red. Please approach your instructor for more information
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Contents 1.0 Introduction The objective of this report is to evaluate whether Apple Incorporation has a strong business model to support its operations in the forthcoming few years. Besides that‚ it aims to evaluate a strategic option that should adopt by the Apple either a strategic business unit (SBU) or a corporate strategy. Internal and external analysis will be performed to analyse the current strategies that have been adapted by the Apple. The reporting currency is USD. Apple was founded
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CORPORATE STRATEGIC MANAGEMENT Part 1 1.1 Axiata Company profile 1.2 Company mission and Organization Chart Part 2 2.1 Axiata products Models Analysis 2.2 Ansoff Matrix 2.3 Pestle Analyis 2.4 Product life cycle 2.5 The BCG matrix(applied by the Company) 2.6 The 5 forces 2.7 The generic Strategies 2.8 Axiata Competitors(Robi) and SWOT analysis Part 3 Question 1 Question 2 Part 4 4.1 – General opinion about Axiata and suggestions Axiata Group Berhad (AXIATA) 1.1 Axiata Company
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http://www.rim.com/newsroom/mediaexecutive/index.shtml * John A Pearce‚ Richachard B Robinson‚ AmitaMital‚ “Strategic Management”‚ 12th edition‚ 2012. * Blackwell‚ “Introduction to Strategic Management”‚ 2007. * Glass‚ N. M.‚“Pro-active management: How to improve your management performance”‚ 1991 * Johnson‚ G.‚ Scholes‚ K.‚ &Sexty‚ R * Jim Downey and Technical Information Service ‚“Strategic Analysis Tools”‚ 2007.
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Benefits of Strategic management Following are the benefits of s-m. Financial benefits: �� Improved productivity �� Improved sales �� Improved profitability Research indicates that organizations using strategic-management concepts are more profitable and successful than those that do not. Businesses using strategic-management concepts show significant improvement in sales‚ profitability‚ and productivity compared to firms without systematic planning activities. High-performing firms tend
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Questions 1. The process by which a firm’s managers evaluate the future prospects of the firm and decide on appropriate strategies to achieve long-term objectives is called ____________. a. strategic planning (moderate‚ page 220) 2. The basic means by which a company competes—its choice of business in which to operate and the ways in which it differentiates itself from its competitors—is called its ____________. a. strategy (easy‚ page 220) 3. Europe is currently attracting much
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has tried itself to expand and diversify through its various business strategies. This paper would analyze the major strategies that affected the eBay’s growth positively and negatively. Mergers and Acquisitions One of the widely used strategies for diversification is Mergers and acquisition. Companies acquire stakes in other companies and control them. Some companies follow the strategy of acquiring a company to enter a new business market. Year | Acquisitions | Stakes | Divestitures |
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Strategic management is primarily concerned with relating the organization to its environment‚ formulating strategies to adopt to that environment‚ and assuring that implementation of strategies takes place. Strategic management process generally involves four steps: 1. Environmental Scanning 2. Strategy formulation 3. Strategy Implementation 4. Evaluation and control of strategy 1. Environmental Scanning: Environmental scanning deals with finding out the opportunity and threats operating
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