Fred Hrkac (46) Boston Scientific – former president for EMEA Bio: - bachelors in business - mcneil consumer products (jnj) sales rep. Tylenol - moved to jnj endosurgery - 1992 moved to Zagreb to start jnj‚ in 10 years reached 500mil USD sales - joined boston scientific in 2009 as pres‚ reported directly to CEO. Responsible for 2bil$‚ 25% of total - moved to paris‚ sorin group (decisions made by him in the office‚ small company) - retired a month ago‚ works on
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Resource Based View - VRIO Analysis 1. Tangible Resources a) Financial Resources: * Firm’s cash and cash equivalents- The total cash and cash equivalents of the firm stood at around Rs. 271.5 Crores in the year ended March 2009 (before merger with Kraft). Liquidity is important for a business to factor in for unforeseeable events. The ideal cash reserve requirement can be calculated by taking into account and listing possible unfavorable events and assigning probabilities to them
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MKT 600-011 [Weekly Critique Notes] 1. What is the central issue in this case? Research in Motion Ltd. [who] is considering quickly penetrating a contrastive‚ yet competitive market with new technologies and a unique value proposition without the marketing expertise and additional capabilities like order fulfillment‚ technical support‚ webpage design and customer billing [what] in the dawn of mobility - 1997 [when] because of [why] * Changing market-place with a suboptimal equilibrium
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I will explain the link and differences between the VRIO-framework and the SWOT-model. Before I will explain this‚ I will first give you an insight in the meaning of these two models. SWOT-model: [pic] A SWOT Analysis is a strategic planning tool used to evaluate the Strengths‚ Weaknesses‚ Opportunities‚ and Threats involved in a project or in a business venture. Strengths and weaknesses are internal to an organization. Opportunities and threats originate from outside the organization. A SWOT
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Case Analysis 2 - Research in Motion - RIM 1. What were some of the challenges that RIM faced to protect its intellectual property‚ and how did RIM handle those challenges? Research In Motion (RIM)‚ a global leader in wireless innovation‚ revolutionized the mobile industry with the introduction of the BlackBerry® solution in 1999. There are multiple examples of the challenges RIM faced to protect its Intellectual Property as well as how those challenges were handled. One such example is RIM
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competition in the tissue paper industry in Malaysia is very intense. In order to compete and survive in the tissue paper industry‚ it is important for a firm to adopt the VRIO analysis framework. VRIO stands for value‚ rarity‚ imitability‚ and organisation‚ and this framework was founded by Barney J. B.. According to Robert J. Chapman‚ VRIO analysis is important for firms that wish to succeed by using its internal resources and capabilities to gain the competitive advantage against its competitors in order
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Chester Thompson IV TM583 Prof. Nabeel 11/18/12 Chester Thompson IV TM583 Prof. Nabeel 11/18/12 RIM: Research in Motion What were some of the challenges that RIM faced to protect its intellectual property‚ and how did RIM handle those challenges? Research in Motion aka RIM is a name synonymous with wireless communication research going on at its premises for the past twenty five years. Like many other companies that receive world recognition‚ RIM has been through turbulent
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Research in Motion II Edward Awad CSU Business Research Methods MGT 87520 Dr. Ewald Research in Motion II December 29‚ 2013 1. What types of research were done at each stage? Discuss the strengths of each different type given the stage of the project. Starbucks used three types of study: products functionality‚ products optimization and brand tracking. Product functionality: it is an online
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RESEARCH IN MOTION Why was BlackBerry so successful in North America during the 2000s? First to introduce push email One phone with a lot of features Very secure Dint have much competition US govt and big multinationals accepted quickly Meant for the corporate world Slowly shifted focus from the corporates to consumers also. What difficulty did RIM face as it became bigger? Competition increased Apple iphone changed the meaning of smartphones Scarcity of physical space
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1Barney and Hesterly (2006)‚ describe the VRIO framework as a good tool to examine the internal environment of a firm. They state that VRIO “stands for four questions one must ask about a resource or capability to determine its competitive potential: 1. The Question of Value: Does a resource enable a firm to exploit an environmental opportunity‚ and/or neutralize an environmental threat? 2. The Question of Rarity: Is a resource currently controlled by only a small number of competing firms
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