ICA Working Paper 2/2008 Making Strategy Work: A Literature Review on the Factors influencing Strategy Implementation Yang Li1‚ Sun Guohui1‚ Martin J. Eppler2 1 2 Business School‚ Central University of Finance and Economics‚ Beijing‚ China Institute of Corporate Communication‚ University of Lugano (USI)‚ Lugano‚ Switzerland Yang li: Email: yangbaihe07@hotmail.com Tel: +86-010-62289680 Address: Business School‚ Central University of Finance and Economics‚ No.39 Xueyuan Nanlu‚ Haidian
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A Case study on strategy implementation of Virgin Group by V S Rama Rao on January 18‚ 2009 Grabbing and successful: Richard Branson‚ entrepreneurial owner and founder of Britain’s untraditional Virgin Group‚ has fused two dissimilar lines of work – show business and commerce – into a single‚ extremely profitable enterprise. Virgin Group comprises more than 100 companies in 15 countries. It includes Virgin Atlantic‚ a 12 plane long distance carrier‚ the Virgin Retail Group outlets that sell CDs
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Lesson 8 How to improve communication in negotiation Listening is one part of the most important communication that the leader should be trained to make a good negotiation skill. Listening include three major forms of negotiation in listening 1. Passive listening: Receiving the message while providing no feedback to the sender 2. Acknowledgment: Receivers nod their heads‚ maintain eye contact‚ or responses 3. Active listening: Receivers restate or paraphrase the sender’s message
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Introduction The company Toyota Motor Corporation is driven by a vision to be “a model organization”. In pursuit to this ideal Toyota Motor is guided by the principles of Innovation‚ Quality‚ Integrity and Simplicity. Toyota Motor is a limited liability and a joint stock company under the Commercial Code and continues under the Corporation Act. Toyota commenced operations in1933 as the automobile division of Toyota Industries Corporation. The company is headquartered in Toyota City‚ Aichi and the company
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With his breakthrough invention of the automatic loom‚ Toyoda‚ took the resulting money to create the Toyota Motor Company. A huge contributing factor to the birth of this company was the support of the Japanese government during the war in Manchuria. The first engine was developed in 1934‚ and the first car and truck were constructed the following year. In the post-war year of 1945‚ Toyota began fast expansion after the authorization from the United States military to spawn peacetime production
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Toyota- Aygo Student:Vuk Mihajlovic Table of contents Introduction..........................................................................................................................................3 1. Toyota Aygo.....................................................................................................................................5 2. Five force analysis..............................
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The Toyota Recalls Toyota Motor Corporation do a massive recalls because of a defect that causes gas pedals in many models. A lean manufacturing may be the main factor to cause this problem. By making products arrive just-in-time‚ eliminating waste‚ and cutting costs lead to a risk of quality issues. Toyota cuts costs by centralizing the procurement of parts and tries to use the same parts for more than one product. Unfortunately‚ Toyota’s quality control slipped then the company has to recall
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Company Overview Toyota Motor Corporation is a diversified corporation that sells its automobiles in approximately 200 nations and regions worldwide‚ focused primarily in Japan‚ North America‚ Europe‚ and Asia. Toyota estimates that it employs close to 1 million individuals worldwide‚ including dealers. Meanwhile‚ Toyota is growing‚ as is evident in the 13% increase in revenues from 2005 to 2006 to a level of roughly 180 billion dollars. Net profit for Toyota Motor Corporation increased 17%
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Case study 2: Toyota- taking out costs and adding value Over the last 30 years‚ Toyota Motor Corporation has become one of the top three global car companies‚ alongside General Motors (US) and Ford (US). Its rise centres on twin strategies related to operations and marketing. This case study concentrates mainly on its operations successes but also touches briefly on marketing‚ since the two areas are interlinked. The Toyota operations strategies have been copied around the world‚ though rarely
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Toyota’s uses both differentiation and low cost as generic strategies to try and gain a competitive advantage over their competitors in the automotive industry. The market scope that Toyota uses is a broad one that encompasses nearly every type of customer that is in the market to purchase an automobile. Toyota is able to target such a large market because they have something for everyone. Toyota has four wheel drive trucks and SUVs for the outdoor types or those who live in areas that face severe
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