Today‚ human resources are seen as "the available talents and energies of people who are available to an organization as potential contributors to the creation and realization of the organization’s mission‚ vision‚ strategy and goals" (Jackson and Schuler‚ 2000‚ p. 37).There exist two models that seek to describe what strategy is and how an organization should develop such strategy. The first model known as the Industrial Organization (I/O) model is based on the assumption that firms competing in
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Case study: MTN Introduction: The resource-based view of strategy According to Segal-Horn (2004 p 163) the Resource-Based View (RBV): “ ... places the firm rather than the industry at the centre of strategy formulation ... It has an internal resource focus rather than an external industry or market focus for strategic thinking.“ Why RBV? Rumelt’s research (Unit 3 Section 2 pp 8-9)‚ although contested‚ showed that the industry environment accounted for a very small percentage of the
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from the resource-based view the different strategic moves that this company has implemented in order to strengthen its handsets business unit and the implications that would entail the acquisition of Nokia‚ if it was to materialize. The core business of Huawei during its first 18 years of existence was offering network technologies and solutions‚ also providing equipment to build and operate them. This technology-development focus‚ allowed them to develop and amass a set of resources and capabilities
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stimulate better planning‚ improve the guiding of employees‚ and simplify coordination. Fayol held the view that these five
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RESOURCES BASE VIEW Financial resources: The 1998 financial report shows that SingTel‚ the largest telecommunications company in Singapore‚ has a huge reserve (cash and bank deposits) of S$4.44 billion. This is the company’s strength as not many companies have such large reserves. The debt-to-equity ratio1 in the last 3 years was also very low. In fact in 1997‚ it was just 0.05 as opposed to in 1998 and 1999 when it was merely 0.06. With such a huge reserve and low debt-to-equity ratio‚ SingTel
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| Critically discuss the importance of resource-based sources of competitive advantage in one of the industries studied on this module. You should discuss a range of companies. ‘Competitive advantage’ is when a firm sustains profits that exceed the average for its industry. The goal of much of business strategy is to achieve a sustainable competitive advantage. Porter identified two basic types of competitive advantage; cost and differentiation. These two advantages are known as ‘positional
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STRATEGY SAFARI A GUIDED TOURTHROUGH THE WILDS OF STRATEGIC MANAGEMENT HENRY MINTZBERG BRUCE AHLSTRAND JOSEPH LAMPEL T H E FREE PRESS NEW YORK >aJ&aiz. u.frmiu/i «...* „.;i••/ . • . . >•.»•.. . .. •..•••.-.••a/itiktSii^i THE FREE PRESS A Division of Simon & Schuster Inc. 1230 Avenue of the Americas New York‚ NY 10020 Copyright © 1998 by Henry Mintzberg‚ Ltd.‚ Bruce Ahlstrand‚ and Joseph Lampel All rights reserved‚ including the right of reproduction in whole or in part in any form. THE
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Managementwetenschappen Structure in 5’s: A synthesis of the research on organization design by Henry Mintzberg §1 Inleiding De organisatie structuur is de manier waarop een bedrijf is ingericht‚ de wijze waarop een organisatie haar taken verdeelt en vervolgens weer aan elkaar plakt. Ook de manier hoe doelen bereikt worden en op welke manier deze bereikt worden speelt hierbij een rol. Mintzberg beschrijft verschillende organisatiestructuren (configurations) in dit artikel. Dit doet hij aan de
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Osama Bin Laden Term Paper 1. What details of the events has each writer selected to focus on? New York Times-the writer choose to be a descriptive writer by mainly going to details about the topic and vivid events which took place on 9/11‚its relation to Osama Bin laden. They captured topics such how the president and his advisers plot with kill and stop the terrorist acts of bin laden. The Post-they focus mainly on the death of Osama Bin Laden and what was going on in America
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with individual workers to develop a relationship. Depending on the feedback and behavior of the employee‚ he promotes or disciplines their actions. The leader is responsible for the productivity of the workers. Therefore he/she needs to manage resources for the most efficient yet productive return. LIASION: develops and maintains a network of external contacts to gather information; The manager needs to be aware of current trends in the industry‚ current software and technological advances as
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