ORGANIZATIONAL DYNAMICS‚ LEARNING FROM PRACTICE Strategic Action at Lenovo* Jerry Biediger Tracy DeCicco Timothy Green Greg Hoffman David Lei Karthik Mahadevan Jane Ojeda John Slocum Kyle Ward * This research was sponsored by a grant from the OxyChem Corporation made to the Management and Organizations Department‚ Cox School of Business‚ Southern
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Introduction The value chain‚ or known as value chain analysis‚ is a concept from business management that was first described and popularized by Michael Porter. (Porter) Most of business strategy is to achieve a sustainable competitive advantage. Cost advantage and differentiation advantage are the two basic types of competitive advantage. Cost advantage can be obtained when the firm is able to deliver the same benefits as competitors‚ but at a lower cost‚ while differentiation advantage is
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Value Chain and Supply Chain Analysis Value Chain and Supply Chain Analysis Global value chain is described as activities companies use to bring out a product and share its conception from the beginning to the end. Design‚ production‚ marketing‚ distribution‚ and customer support are activities included in this process. The production of goods and services are value chain activities that are found in large geographical areas or different locations. The term “global value chain” means that value
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Within the BAYADA value chain‚ there are nine external customer services‚ called specialty practices‚ which could be considered our primary activities driving the value chain. These value-adding activities include nursing‚ assistive care‚ hospice‚ therapeutic and rehabilitative and are offered to clients in all stages of life‚ from children to adults and seniors. Every person in the world deserves a safe home and a life full of dignity‚ comfort‚ and independence‚ especially when faced with health
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Value chain management and value creation Student Name‚ Class University Michael Porter described Value chain as the activities which a firm carries out in order to come up with a quality product that meets the consumer’s needs. Such activities include‚ research and development‚ product design‚ production of the product‚ marketing and selling the finished product to potential customers‚ distribution management and customer service which may include after sale services
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Michael Porter published the Value Chain Analysis in 1985 as a response to criticism that his Five Forces framework lacked an implementation methodology that bridged the gap between internal capabilities and opportunities in the competitive landscape. This framework focused on industry attractiveness as a determinant of the profit potential of all companies within that particular industry. However‚ significant differences in performance exist between companies operating within the same industry that
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advanced technology‚ laptop manufacturers including lenovo are able to provide higher-quality products for consumers. From another‚ if new technology leads to high efficiency of production process‚ the products’ prices can be reduced. Thus with better performances and lower prices‚ more consumers are likely to purchase it‚ the manufacturers could expand their scales and accounts for more market shares. This is definitely a good news for Lenovo also. Negative On the other hand‚ advanced technology
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the constraints in conducting an effective value chain analysis? | |While conducting a value chain analysis companies may face different types of constraints in having an effective process. Although‚ the | |value chain analysis may have constraints‚ it is a very flexible strategy tool for looking at your business‚ your competitors‚ and the | |respective places in the industry’s value system (Simister‚ P. 2011). One of the biggest
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LENOVO Case Analysis Situation Analysis Chinese super brand Lenovo‚ formerly formed as Legend‚ has seen itself rise from being a mere imported parts distributor into its country’s largest computer manufacturer as well as being the world’s fourth. The company now has branches world-wide and has experienced successful growths since its establishment in 1984. Lenovo SWOT breakdown: Strengths: Lenovo has a mass and strong relationship with their domestic customer base. Being a homegrown company
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future of the business‚ analyzing markets‚ industries and economies to determine the strategic direction the company must follow to remain unprofitable. True False 6. A variable is a business intelligence characteristic that stands for a value that cannot change over time. True False 7. Companies update business strategies continuously as internal and external environments change. True False 8. For an organization to succeed‚ every department or functional area must
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