STRATEGIC FIT – A STRATEGY TO ALIGN ORGANIZATION AND ENVIRONMENT Abstract This paper analyzes the term ‘strategic fit’ exactly means‚ types of strategic fit‚ necessities to focus on strategic fit‚ and most importantly how well an organization can align its resources & capabilities with the opportunities that exist in the external environment so as to achieve peak performance in the business. Strategy of Nestlé as an example to discuss how far it is true that effective strategic fit ensures organization’s
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sAchieving Strategic Fit >How is strategic fit achieved? >Other issues affecting strategic fit * Strategic fit: –Consistency between customer priorities of competitive strategy and supply chain capabilities specified by the supply chain strategy –Competitive and supply chain strategies have the same goals. * A company may fail because of a lack of strategic fit or because its processes and resources do not provide the capabilities to execute the desired strategy
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competencies and how cost can be managed. Porter’s five force analysis (1985) gave an external view of the market and the reaction of the environment they operated within. Strategies can affected by the culture‚ environment and practices that has been proven‚ however strategy may differ as the company is faced with the challenges of the market and changes in the social context of its existence. Nike’s management team must carefully analysis its environment in terms of developing a strategy that would
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ATTAINING A STRATEGIC FIT THROUGH HRM Strategic fit express the degree to which an organization is matching its resources and capabilities with the opportunities in the external environment. The matching takes place through strategy and it is therefore vital that the company have the actual resources and capabilities to execute and support the strategy. Strategic fit can be used actively to evaluate the current strategic situation of
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Strategic fit express the degree to which an organization is matching its resources and capabilities with the opportunities in the external environment. The matching takes place through strategy and it is therefore vital that the company have the actual resources and capabilities to execute and support the strategy. Strategic fit can be used actively to evaluate the current strategic situation of a company as well as opportunities as M&A and divestitures of organizational divisions. Strategic fit
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Introduction ‘Strategic human resource management (SHRM) is concerned with the development and implementation of people strategies which are integrated with corporate strategies and ensure that the culture‚ values and structure of the organization and the quality‚ motivation and commitment of its members contribute fully to the achievement of its goals’ Armstrong (1991‚ p.81). While human resource management (HRM) focuses on the potential and actual productive value of ‘human resources’ (HR) to
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1.0 INTRODUCTION This report deals with a Strategic Fit Analysis of Starbucks Coffee Company with focus on the United States Segment. Genus (1998) highlighted that strategic fit is the concept whereby strategy is a means for achieving a match between the external environment of an organisation and its internal capabilities‚ as part of a quest for establishing competitive advantage over rival competitors. The researcher will evaluate the market environment that Starbucks occupies as well
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9‚ 2011 Strategic fit of IT Service Management iven the crucial role that IT (Information Technology) plays in businesses today‚ IT departments have a significant responsibility to ensure that its value is optimized. IT optimization can be obtained through the adoption of the IT Service Management proposition by IT operations. G Pietro Della Peruta However‚ IT Service Management concepts and tools are complex changes to introduce to an organization. To achieve the right fit of such concepts
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For some people it is hard to fit in‚ and that’s what it’s like for Auggie Pullman‚ from Wonder by R.J. Palacio‚ and Quarta‚ from The Girl who was Born with only Two Arms and Two Legs by Stuart Baum. First of all‚ they both have physical deformations and that makes it hard for them to fit in. They would get made fun of because of the way they look‚ and that also makes it really hard for them to fit in. To start off‚ it is hard for both Auggie and Quarta to fit in because they both have physical deformations
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Tusher Mahamud‚ ID: 1127026 Shadia Tahsin‚ ID: 1221675 Yasmin Jahan‚ ID: 1127036 Submission Date: 25th november 2012 ASSIGNMENT ON: “Fit Crackers” Acknowledgement: We would like to thank our respected course instructor Mr. Abul Khair Jyote to give us such an opportunity to make a group report on a product’s market analysis. We also want to give him a special word of thanks for his persistent guidance and encouragement at all stages of this work. We consider it a great opportunity
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