Mintzberg ’s 5 Ps of Strategy Developing a Better Strategy What ’s your approach to developing strategy? Many of us brainstorm opportunities‚ and then plan how we ’ll take advantage of them. Unfortunately‚ while this type of approach is important‚ we need to think about much more than this if we want to be successful. After all‚ there ’s no point in developing a strategy that ignores competitors ’ reactions‚ or doesn ’t consider the culture and capabilities of your organization. And it would
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Write-Up a) Recommendation b) Support – highlights of the analysis c) High Level implementation 1) Performance Assessment Conclusion: What is the time horizon? In which direction are they heading? 2) Direction (Mission/Vision) Mission: Clear‚ compelling‚ activating; can be visualized - ex. HP’s mission: “to make technical contributions for the advancement and welfare of humanity” Vision: Clearly communicate purpose of the business - reinforce the day-to-day actions - provide direction for the
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Analyzing Strategic y g g Management Cases Agenda Case Presentation Steps to Case Preparation Presentation Requirements Report Requirements Robin Hood Robin Hood: Organizational Profile Og f Brief History First year of Revolt: built a large body of men with grievances; made a disciplined fighting force; housed in Sherwood Forest Robin ruled supreme; had lieutenants to whom he delegated functions Fame spread; the band grew p ; g As the
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Age is no longer the only criteria that defines vintage fashion. “Vintage implies that it has archival value‚” said Cameron Silver‚ owner of Decades‚ the extremely popular Los Angeles vintage store. Strictly speaking‚ vintage fashion would ideally be clothing that is atleast 25 to 30 years old‚ but this is highly debatable now. Some say that vintage fashion spanned from the 20s to 50s‚ and all that came in after that is “retro clothing”‚ whereas others argue that the 80s is as much vintage as the
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at Nestle Table of Contents 1 S.No. 1. 2. 3. 4. 5. 6. 7. 8. Description Introduction to Company Mission‚ Vision & Goals of Company SWOT Analysis of the Company SHRM at Nestle Impact of Recession on Nestle Changing role of HR at Nestle VRIO Analysis and 5P’s approach HR Strategies that company should follow Page No. 3-5 6-7 8-10 11-21 22-23 24-25 26-29 30 1. Introduction of the company 2 Nestlé is the world’s leading nutrition‚ health and wellness company. The company employs
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A business analysis of British clothing retailing industry From Lili Yan B120715 1. Introduction Clothing retailing industry is one of the most competitive industries in UK. Besides traditional clothing retailers‚ supermarkets (such as Tesco) and grocery retailers (such as M&S) also take participate in fighting for market share. Focusing on the general market development
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HARLEY-DAVIDSON‚ INC. (1998): THE 95TH ANNIVERSARY Introduction & Situation Analysis Harley-Davidson has been a widely admired fixture in the motorcycle industry since the “golden years” of American motorcycle manufacturing (1900-1931)‚ when at times there were as many as 200 different brands of American-made motorcycles. By 1930‚ the market had consolidation and the “big three” – Harley-Davidson‚ Indian Motorcycle‚ and Excelsior Supply – together accounted for 90% of the market (Ballon‚
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Procter & Gamble is a company with more than 100 years on business‚ and is a clear example of a successful company. Procter and Gamble was founded in 1837 and incorporated in Ohio on May 5‚ 1905. It began as a small family operated soap and candle company‚ and now provides products and services of greater quality and value to consumers in over 180 countries. Procter and Gamble‚ in conjunction with its subsidiaries provides branded consumer goods products. Procter and Gamble also makes pet food‚ water
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performance regarding porter’s 5 forces. Certain differences exist‚ mainly due to Kmart’s difficulties and struggles to develop its brand and add value to the company‚ which is reflected in the higher bargaining power of both suppliers and buyers. VRIO Analysis Resource 1: I.T. Competence Value: Target has a core competence in its use of information technology that can support its management operations and just in time inventories (one of the best SCM in retail industry). Continues improvement
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RESEARCH IN MOTION MANAGING EXPLOSIVE GROWTH In the January of 2008‚ Research in Motion (RIM) is standing at the strategic juncture where important decisions need to be taken regarding global expansions. The biggest strategic issue it faces is to carry over yesteryears’ growth to next level through sustainable innovation at global level. Although its R&D expenditure has grown 6 times in the last four years‚ the ratio of R&D expenditure to sales has been halved. This ratio shows RIM is
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