SMRT Driver Strike 1 Our Company Our company is a small-sized music studio providing services ranging from voiceover recording‚ music recording & production‚ post production/CD duplication & design to music production courses. The studio is located at the downtown area‚ which incorporates several recording rooms‚ function rooms and staff offices. Our team is assembled by both local and foreign talents. Staffs are assessed and rewarded based on their performances. The administration
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95 EUROPEAN BUSINESS JOURNAL An integrated approach to strategy innovation Richard Schoenberg There have been some striking examples of strategy innovation in recent years – consider companies such as easyJet‚ Direct Line Insurance or the retailer Zara – and a growing body of academic literature has emerged on the topic. This article attempts to distil a number of the major insights offered to date‚ with the aim of providing executives with an integrated approach to strategy innovation. It
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302 Exam 3 In Class Notes 4/8 Quality Tools 1. Fishbone (Cause & Effect) a. 4 M’s – Man‚ Material‚ Method‚ Machinery b. MMMM OUTCOME i. What M caused each outcome? Brainstorming session to see what went wrong or what happened – what under each of these categories is hurting us? c. P’s and S’s as well 2. Pareto Analysis a. 80/20 rule – you wear 80% of clothing 20% of the time b. Can be drawn as a bar graph then draw a fishbone to see what the problems were and why (cause and effect)
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toughly hit by increasing price of oil‚ (especially peak prices of summer 2008) followed by global economic recession from fall 2008‚ that made many stock prices plunge. Add to this the fierce competition of the other low-cost airlines such as easyJet or RyanAir‚ operating from Ireland and its attractive taxes‚ and the competition with Gulf companies. These companies entered the increasing market and draw to them an important share of the new and former customers‚ forcing former major companies
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airplanes (avg age = 3 years)‚ all their fuel costs have been paid for until the end of this year (at a fixed price)‚ they fly larger aircraft on shorter haiul flights‚ which is in demand‚ so recycling of their aircraft will be much easier than say easyjet 15% in agricultural land - world population has just hit the 7bn mark - more mouths to feed. Also‚ the emerging nations diet is changing to a more meat focussed diet (away from wheat and rice etc) - and it takes 6x as much land to breed a cow tfor
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European Airline Industry – Strategies for the New Millennium European Airline Industry – Strategies for the New Millennium Debarshi Datta‚ Analyst‚ Airline Vertical with Subham L. Chakravarty‚ Asst. Manager‚ Airline Vertical This paper depicts the current scenario in the European Airline Industry through in-depth analysis and appropriate case studies and suggests restructuring‚ along with the implementation of modern IT systems as an effective tool in the struggle for survival. SkyTECH
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to conflict between cost minimization and cost of value-added differentiation. Post-Porter(1980) research indicates companies pursuing differentiation/low-cost strategies may be more successful than companies pursuing only one strategy. (RyanAir/EasyJet/Dell) low cost strategy rarely able to provide a sustainable competitive advantage - firms end up in price wars. best cost strategy is preferred - best value for low price. CLS - winning market share by appealing to cost-conscious/price-sensitive
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spent on rework and scrapping product. Focusing on quality control means products will more likely be made correct the first time. This translates to higher productivity because time isn’t used reworking product already worked on. Problems 2. Fishbone Diagram 6. Evaluate the service quality of your bank’s website using the dimensions of perceived e-SQ given in Exhibit 7.13. The website has up to date information pertaining to all of my checks readily available after I log on‚ and
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the usefulness of EFE‚ IFE and IE Matrix for this study 10) Which generic competitive model should be adopted by the company? 11) Prepare the value chain analysis to support your generic competitive model 12) How is the application of ishikawa Fishbone analysis and pareto analysis would be important in this case study? 13) Prepare the Ishikawa and Pareto analysis for the company 14) Discuss the usefulness of applying shared values analysis i.e. McKinsey’s 7S for business combination? 15) Moving
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cost air carrier easyJet‚ the first flight being between Luton and Scotland in 1995. easyJet put forth a business model that strived to give the lowest cost product to the consumer by cutting down costs through the use of internet only reservation‚ simple point to point flights and yield management policies. As the airline evolved in to a “brand”‚ Stelios extended the brand and found easyGroup. easyGroup evolved over the years and now consists of the following businesses: • easyJet • easyInternetCafe
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