Ministry of Sound Case Study Richard Whittington The Ministry of Sound went from start-up to maturity in little over a decade. The case raises issues concerning both business strategy‚ particularly regarding sustainable competitive advantage and resources‚ and corporate strategy‚ particularly regarding diversification and internationalisation. There are also issues of ownership and organisation. In the end‚ the fundamental question is: what future for the Ministry? In 1991‚ 28-year-old
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adopted by The Glastonbury Festival and the T in The Park festival. Would the strategy adopted by Glastonbury be an appropriate strategy for T in the Park? Strategy is the long-term direction of an organisation (Exploring Strategy: Johnson‚ Whittington‚ Scholes 2011). It allows a method or plan to be derived as a way of achieving long-term goals and objectives. Organisations will use strategy to foresee their future and identify any potential problems that may arise in order to accommodate and
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Exploring Corporate Strategy CLASSIC CASE STUDIES Laura Ashley Holdings PLC John L. Heath The case describes the growth‚ development and varied fortunes of a leading clothing‚ home furnishings and related products group from its origins in the early 1950s until 1995. Over this period the business grew from a homebased husband and wife concern to an international group whose brand name Laura Ashley was recognised around the world and regarded by many as the group’s major asset. The case illustrates
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BT Group. Johnson‚ G.‚ Whittington‚ R. and Scholes‚ K. 2012. Fundamentals of strategy. Harlow‚ England: Financial Times /Prentice Hall. Lowson‚ R. 2002. Strategic operations management. London: Routledge. Lynch‚ Richard. 2005. Corporate Strategy. [Online]. Financial Times/ Prentice Hall. Available from: 3 December 2013 Marketline Mintel. 2012. Bundled Communications Services. [Report] Mintel. Mintel. 2012. Fixed Line Telecoms Provider. [Report] Mintel. Johnson‚ G .Whittington‚ R. and Scholes‚ K (2011)
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processes (Lynch 2003). In addition‚ strategic planning can also be viewed as an organisational learning process (Lynch 2003). Intended strategy is an expression of desired strategic direction deliberately planned by managers (Johnson‚ Scholes & Whittington 2008‚ p.565). Strategic planning is formally/intentionally developed in HG by first carrying out an SWOT analysis. SWOT is an acronym for the internal resource strengths and weaknesses of an organisation and the external opportunities and threats
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company. According to Johnson‚ Scholes and Whittington (2008) the business environment of a company is an important issue determining its survival and success. There are several layers of this business environment – the macro environment‚ the industry or sector layer‚ the layer with competitors and markets. A focus has been given on macro level‚ the highest level – layer‚ especially on one of its factors: the PESTEL analysis. Johnson‚ Scholes and Whittington (2008) state that the PESTEL framework is
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Management Review 1.2 (2012): 5-7 Pratt‚ Jamie. Financial Accounting in an Economic Context. Cincinnati: South-Western College Publishing‚ 2000 Sweeny‚ Jack. "Are Global Standards Bad for America?" Business Finance. N.p.‚ 11 Aug. 2009. Web Whittington‚ Geoffrey. “Fair Value and the IASB/FASB Conceptual Framework Project: An Alternative View.” Abacus 44.2 (2008): 139-68 Wu‚ Joanna Shuang and Zhang‚ Ivy. “Voluntary IAS and U.S. GAAP Adoption by Continental European Firms: The Role of Labor Relations”
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Exploring Corporate Strategy CLASSIC CASE STUDIES BMW automobiles Valeriano Lencioni The BMW Group is a prominent European maker of prestige automobiles. Its operations also include motorcycles‚ software products and financial services: this case deals only with the group’s automobiles. By 2004 it produced and sold over one million vehicles under three brands: BMW‚ by far the largest; MINI‚ a relaunch of the British icon small automobile from the 1960s; and the Rolls Royce‚ of which they relaunched
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Exploring Corporate Strategy CLASSIC CASE STUDIES Barclaycard: still the king of pla$tic? Bernardo Bátiz-Lazo and Nurdilek Hacialioglu with contributions by Jarunee Wonglimpiyarat and Douglas Wood The case study looks at milestones in the UK credit card market. It then focuses on how a longstanding market leader maintains a position of advantage and develops its business in a fast-moving industry undergoing significant change. There are many different strategic options open to Barclaycard‚
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Exploring Corporate Strategy CLASSIC CASE STUDIES The Brewery Group Denmark: Faxe‚ Ceres and Thor Flemming Agersnap The case study explains the strategic moves of Brewery Group Denmark (BGD)‚ a small Danish brewery fighting for a position in a world market. The case shows how small companies can co-exist with giant competitors in an international context and how a coherent international strategy can be built whilst allowing for different local strategies. BGD is an example of a firm which has
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