Organisations have faced big changes over the ¢¢ past decades brought about by trends like globalisation, technological innovation, restructuring and outsourcing. As a result, compared to their counterparts a couple of decades ago, organisations are now flatter, more flexible, more efficient, more customer oriented, more focused on short-term performance, and more distanced from their em…
Honest Tea, a bottled iced tea company, has completed a strong summer of sales in the mid-Atlantic region and is now raising capital to fund the brand’s expansion across the United States as well as overseas. Since the all-natural tea first hit the mid-Atlantic market in June of 1998, Honest Tea has developed a loyal following of customers who have made the product the best-selling tea in…
In the heavy-truck industry, many buyers operate large fleets and are highly motivated to drive down truck prices. Trucks are built to regulated standards and offer similar features, so price competition is stiff; unions exercise considerable supplier power; and buyers can use substitutes such as cargo delivery by rail. To create and sustain long-term profitability within this industry…
In a world where no advantages seem to be sustainable for long, prowess in forming and managing strategic alliances has become one of the most-important sources of competitive advantage that firms can develop. Strategic alliances have changed the U.S. industrial landscape as dramatically as the telegraph and railroads did in their respective eras of innovation. Use of strategic alliances has pr…
Doing marketing planning, which is captured in the marketing plan, is an essential organizational activity, considering the hostile and complex competitive business environment. Our ability and skills to perform profitable sales are affected by hundreds of internal and external factors that interact in a difficult way to evaluate. A marketing manager must understand and build an image upon …
Being your own boss is wonderfully exciting, but isn’t for everyone. Anyone considering starting a business needs first to consider if they are suited for it, personally and professionally. There is no right or wrong answer to each of these questions. This is a self-evaluation to help you think through critical aspects of your personal and business readiness to be self-employed. It is desi…
Growing Farms: Successful Whole Farm Management is a workshop series that enhances the success of new farmers by helping participants think through biological, physical, financial, and family aspects of farm business. The workshops include classroom and field sessions, and topics follow a natural sequence, from planning through production to long-term management. As participants progress throug…
This paper aims to provide an overview of the gender differences in leadership and business using decision science principles, set in the context of the Commonwealth. Current findings from the ‘science of decision making’ reveal key gender distinctions in the behaviours between women and men, and how these behavioural differences influence and shape decisions as well as the outcomes of …
The Authors will in the following chapter explain what the dissertation is about, how and why the research topic has been chosen, and an explanation of the basic concepts will be pointed out as well. The background includes a description of the problem that will lead to the main question and purpose of the work
The international business literature has already acknowledged a number of positive outcomes for companies actively engaged in strategic alliances, such as higher return on equity, better return on investment, and higher success rates, compared with integration through mergers and acquisitions, or companies in the Fortune 500 list that avoid building inter-corporate relationships (Booz-Alle…
This research project has applied, tested and further developed a set of new models for the analysis of value creation and competitive advantage in the context of the global petroleum industry. The basic idea behind the project was that Porter’s value chain model (1985) for the analysis of firm-level competitive advantage was basically only applicable to manufacturing. Building on Thomps…
This book is a descriptive and critical bibliography of works on the philosophy of individualism. I have applied the term "individualism" in a broad sense. The bibliography includes books which explain the processes and advantages of free trade, free enterprise and free markets; which recognize the evils of excessive state power; and which champion the cause of individual freedom of worship, …
One way to learn about business is to read the textbooks, learn the definitions, discuss case studies, and pass the exam. In Foundation: A Hands-on Introduction to Business Fundamentals we take a less theoretical and more hands-on approach. We’re going to learn business by managing a business. The approach makes sense for two reasons. First, business itself is practical. If there were a sing…
Nebraska has weathered the recession much stronger than other states and, as Governor Heineman explained in his 2010 State of the State Address, “…we have seized the opportunity to make Nebraska more competitive.” In that spirit of gaining competitive advantage and building economic momentum going forward, the Nebraska Department of Economic Development (DED), in collaboration with the…
The Economic and Social Council (ECOSOC) organized its second Annual Ministerial Review (AMR) and first Development Cooperation Forum (DCF) during the High-level Segment in 2008. The two new functions of ECOSOC mandated by the 2005 World Summit are intended to advance the implementation of the United Nations Development Agenda (UNDA), including the Millennium Development Goals (MDGs) by the…
Even as attention is increasingly paid to “going green” and to the role business can play to help solve sustainability problems, the flip side of the business-and-sustainability relationship has gone underexamined. Forget how management can affect sustainability. How will sustainability change management? The difference between the questions isn’t as subtle as it might sound. The …
Too many leaders fool themselves into thinking their companies are well run. They’re like the parents in Garrison Keillor’s fictional Lake Wobegon, all of whom think their children are above average. Then the top performers at Lake Wobegon High School arrive at the University of Minnesota or Colgate or Princeton and find out they’re average or even below average. Similarly, when corpo…
Building a new business is hard work. The US Small Business Administration reports that 50% of new businesses disappear by their fifth year of operation. New businesses fail for a variety of reasons from lack of access to capital to poor management to insufficient linkages to markets. Yet there is one step, which should be the first step, that helps to address many of these issues and that is t…
Woody Allen, comedian, screenwriter, and director, once said: “Eighty percent of success is showing up.” If this was ever true, it certainly isn’t anymore. Success today requires a good bit more than good attendance. Yet, multiple studies in different countries and across industries show that employees who are passionate about their jobs and the organizations in which they work are in th…
For our most in-depth study ever, Design Council researchers visited the design departments of eleven companies, all world-leaders in their fields and all with a public commitment to the use of design to improve their brand strength and product and service offerings. The study looked at the way design is used in these firms, how designers work with staff from other disciplines and how the desi…
In today's business environment, and under the influence of globalization and advances in the field of information technology, organizations are facing increasing demands for information processing. In order to respond to the demands of the current business context, modern organization are finding the solution in creating adequate capacity and infrastructure to support the establishment of harm…
Business models are a key business architecture perspective. nnovation is becoming business model-centric, Business models are a unifying concept for business innovation, strategy, and business architecture. Customer experience design and integrated business model design work together synergistically. Future: Increased role of business architecture in strategic and business planning
This report is based primarily on an interactive stakeholder workshop hosted in March 2009 as a joint enterprise of the Federation of Indian Chambers of Commerce and Industries (FICCI), the Department of Pharmaceuticals, Government of India and the Observer Research Foundation 2 (ORF) Delhi . Participants representing a wide cross-section of stakeholders including industry, government, medi…
Managers around the globe are recognising the increasing necessity for their companies and organisations to develop the skills, aptitudes and knowledge to compete effectively in international markets. The emergence of a more open world economy, the globalisation of consumer tastes and the unabated expansion of Internet access globally all increase the interdependency and interconnections of …
This thesis aims to contribute to strategic planning process research. Currently, practitioners as well as academics liken strategic planning with making strategy. This, however, is a fundamental misunderstanding that has further been limited by the lack of empirical investigation of the phenomenon itself. The uniqueness of this work can first be seen in its theoretical approach. This thesi…
The paper provides a broad and multifaceted review of the received literature on business models in which we examine the business model concept through multiple disciplinary and subject-matter lenses.
A common challenge for up and coming executives is the need to broaden their skills in strategy. On the plus side, these executives are often highly experienced and have a strong intuitive understanding of certain strategic issues. However, while they may be familiar with a range of tools and models, they often lack a framework within which to structure their thoughts, and the experien…
The effective use of information technology is now an accepted organisational imperative - for all businesses, across all sectors - and the primary motivation; improved communications and commercial effectiveness. The swift pace of change in these technologies has consigned many established best practice approaches to the past. Today's IT decision makers and business managers face uncertain…
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Traditionally considered an exercise in corporate discipline, today’s business plans are at the heart of obtaining financing, forming alliances and recruiting executives. No longer read exclusively by insiders and traditional lenders, business plans must do more than demonstrate a sufficient level of competence. Today’s plans have to withstand stiff competition in attracting funding, ke…