…2023 16. “The Business Model Canvas”. Strategyzer, https://www.strategyzer.com/canvas/business-model-canvas. Accessed 31 Jul 2023 17. “HomePage”. Nespresso, https://www.nespresso.com/us/en/. Accessed 01 Aug 2023 18. “Business Model Canvas of Nespresso”. Alex Osterwalder, https://www.youtube.com/watch?v=dhQh-tryXOg. Accessed…
…need for a strategy map In the industrial age, companies created value by transforming raw materials into finished products. A company’s competitive edge was largely based on tangible assets such…
…management lists what steps the managers should take to create a complete strategy and how to implement that strategy successfully in the company. It might comprise from 7 to nearly…
…Anna University”. Dale H. Besterfield, Carol Besterfield-Michna, Mary Besterfield-Sacre, Glen H. Besterfield and Hemant Urdhwareshe, https://www.google.co.in/books/edition/Total_Quality_Management_For_Anna_Univer/OYb1911sBDMC?hl=en. Accessed 05 Oct 2023 3. “Total quality management”. The Economist, https://www.economist.com/news/2009/11/16/total-quality-management. Accessed 04 Oct…
…the components of the diagram are linked. The ToC framework is structured around five components: Organizing components of a Theory of Change diagram (Source: CUSP Working Paper No.10[1]) ToC diagrams…
…https://www.economist.com/business/2023/01/19/tsmc-is-making-the-best-of-a-bad-geopolitical-situation. Accessed 20 Aug 2024. 6. “Boeing 737 Max: why was it grounded, what has been fixed and is it enough?”. The Conversation, https://theconversation.com/boeing-737-max-why-was-it-grounded-what-has-been-fixed-and-is-it-enough-150688. Accessed 20 Aug 2024. 7. “The…
…2012. Available at: http://www.interbrand.com/en/best-global-brands/2012/Best-Global-Brands-2012.aspx Market Daily news (2013). The Walt Disney Company (NYSE:DIS): A Fairy Tale Growth Story. Available at: http://marketdailynews.com/2013/05/20/the-walt-disney-company-nysedis-a-fairy-tale-growth-story/ Wikipedia (2023). The Walt Disney Company. Available at: http://en.wikipedia.org/wiki/The_Walt_Disney_Company…
…Coca-Cola Company, Colgate-Palmolive, Johnson & Johnson Website unilever.com Unilever is a British multinational company focusing primarily on consumer goods, including food, home care, and personal care products. The company has…
…“Takt Time”. SixSigmaStudyGuide.com, https://sixsigmastudyguide.com/takt-time/. Accessed 21 Aug 2023 14. “Cellular Systems”. SixSigmaStudyGuide.com, https://sixsigmastudyguide.com/cellular-systems/. Accessed 21 Aug 2023 15. “Value Stream Mapping Symbols and Icons”. Lucidchart, https://www.lucidchart.com/pages/value-stream-mapping/value-stream-mapping-symbols. Accessed 21 Aug 2023…
…from new cultures come to the company and they all bring their own values, often very different than the current ones. This may hinder teamwork performance and communication between different…
…Sep 2023 2. “The Elaboration Likelihood Model of Persuasion”. Richard E Petty and John T Cacioppo, https://www.researchgate.net/publication/270271600_The_Elaboration_Likelihood_Model_of_Persuasion. Accessed 08 Sep 2023 3. “Model 3”. Tesla, https://www.tesla.com/model3/design#overview. Accessed 11 Sep 2023…
…give the company an edge over its competitors. Weaknesses: factors that can be harmful if used against the firm by its competitors. Opportunities: favorable situations which can bring a competitive…
…Available at: http://www.ibm.com/ibm/us/en/ Interbrand (2012). Best Global Brands 2012. Available at: http://www.interbrand.com/en/best-global-brands/2012/Best-Global-Brands-2012.aspx Morphy, E. (2012). IBM’s Weakness Rattles Tech Sector. Ecommerce Times. Available at: http://www.ecommercetimes.com/story/76430.html Wikipedia (2013). IBM. Available at:…
…” Harvard Business School, https://online.hbs.edu/blog/post/strategic-planning-goals. Accessed 20 Dec 2024. 2. “Purpose is everything”. Deloitte, https://www2.deloitte.com/us/en/insights/topics/marketing-and-sales-operations/global-marketing-trends/2020/purpose-driven-companies.html. Accessed 20 Dec 2024. 3. “The Power of Putting Purpose Before Profit.” Inc., https://www.inc.com/inc-masters/the-power-of-putting-purpose-before-profit.html. Accessed…
…Insight, https://strategicmanagementinsight.com/tools/swot-analysis-how-to-do-it/. Accessed 03 Mar 2025. 12. “Competitive Intelligence (CI) Explained”. Strategic Management Insight, https://strategicmanagementinsight.com/tools/competitive-intelligence-ci/. Accessed 03 Mar 2025. 13. “Balanced Scorecard”. Strategic Management Insight, https://strategicmanagementinsight.com/tools/balanced-scorecard/. Accessed 03 Mar 2025….
…process, can eventually discover how to become a Hedgehog. Sources 1. “Good to Great: Why Some Companies Make the Leap and Others Don’t”. Jim Collins, https://www.amazon.com/Good-Great-Some-Companies-Others/dp/0066620996. Accessed 26 Jul 2024….
…Insight, https://strategicmanagementinsight.com/tools/swot-analysis-how-to-do-it/. Accessed 27 Mar 2024. 5. “PEST & PESTEL Analysis”. Strategic Management Insight, https://strategicmanagementinsight.com/tools/pest-pestel-analysis/. Accessed 27 Mar 2024. 6. “QUEST—Quick Environmental Scanning Technique”. Professor Burt Nanus, https://www.sciencedirect.com/science/article/abs/pii/0024630182901182. Accessed 27…
…the major determinant on how competitive and profitable an industry is. In a competitive industry, firms have to compete aggressively for market share, which results in low profits. Rivalry among…
…https://www.amazon.com/Hoshin-Kanri-Policy-Deployment-Successful/dp/156327311X. Accessed 11 Feb 2025. 11. “Total Quality Management”. Strategic Management Insight, https://strategicmanagementinsight.com/tools/total-quality-management/. Accessed 11 Feb 2025. 12. “What Is A Kanban Board? The Ultimate Guide”. Forbes, https://www.forbes.com/advisor/business/software/what-is-kanban-board/. Accessed 10…
…designed to meet the opportunities and defend against threats. In internal evaluation a low score indicates that the company is weak against its competitors. In our example, the company has…
…2. “Vilfredo Pareto”. Britannica, https://www.britannica.com/biography/Vilfredo-Pareto#ref37223. Accessed 01 Jul 2023 3. ” Dr. Joseph M. Juran”. Juran.com, https://www.juran.com/about-us/dr-jurans-history/. Accessed 01 Jul 2023 4. “Combo chart”. Google, https://support.google.com/docs/answer/9142593?sjid=5335603720602667500-AP#combo_chart&zippy=%2Ccombo-chart. Accessed 30 Jun 2023…
…strategy when: Organization competes in a growing industry. Competitors lack of some capabilities, competencies, skills or resources that the company already possesses. HI would lead to a monopoly that is…
…https://www.popsci.com/health/whats-gotten-into-you-dan-levitt/. Accessed 05 Mar 2025. 2. “The Weinswig Product Watch: Fidget Toys Going Viral.” Forbes, https://www.forbes.com/sites/deborahweinswig/2017/05/19/the-weinswig-product-watch-fidget-toys-going-viral/. Accessed 05 Mar 2025. 3. “Diffusion of Innovation Theory.” Canadian Journal of Nursing Informatics,…
…The Guardian. Available at: http://www.guardian.co.uk/business/2013/may/07/shareholders-sue-hp-autonomy-deal US SEC (2012). Hewlett-Packard Company 10-K. Available at: http://www.sec.gov/Archives/edgar/data/47217/000104746912011417/a2211959z10-k.htm Interbrand (2012). Best Global Brands 2012. Available at: http://www.interbrand.com/en/best-global-brands/2012/Best-Global-Brands-2012.aspx Wikipedia (2013). Hewlett Packard. Available at: http://en.wikipedia.org/wiki/Hewlett-Packard…
…clearly identifies the competitive advantage. Increases managers’ commitment to achieving the company’s objectives. Improves coordination of the activities and more efficient allocation of company’s resources. Better communication between managers of…
…down to cheaper competitors is a threat. 3. Stiff competition The energy drink market is very competitive, and in developed markets, it is becoming saturated. Smaller brands occupying niche spaces…
…companies could find a way to stand out from the crowd in the eyes of their customer, they could outperform competitors. A perceptual map is a tool that helps do…
…keeping their already thin profit margin to themselves. Weaknesses Commodity products. The large stream of Dell’s revenues comes from computer, especially laptop, sales, which is a commoditized product. Computer hardware…
…treatment that communicates low expectations and leads to poor performance. Managers are more effective in communicating low expectations to their subordinates than in communicating high expectations, even though most managers…
…Customer Satisfaction Levels?”. Hubspot, https://blog.hubspot.com/service/customer-satisfaction-levels-by-industry#best-and-worst-satisfaction-levels. Accessed 15 Apr 2025. 3. “Services Marketing Integrating Customer Focus Across the Firm”. Valarie A. Zeithaml, Mary Jo Bitner and Dwayne Gremler, https://www.amazon.com/Services-Marketing-Integrating-Customer-Across/dp/0078112109. Accessed 15…
…What’s the Difference?”. What Matters, https://www.whatmatters.com/resources/ogsm-vs-okr-whats-the-difference. Accessed 05 Apr 2025. 3. “One Page Business Strategy: Streamline Your Business Plan in Four Simple Steps.” Marc Eck and Ellen Leenhouts, https://www.amazon.com/dp/1292009624?ref. Accessed…
…new production methods for better quality and components, varying product characteristics, and more. Examples of Potential Products Such offerings vary depending on economic and competitive conditions. Competition may be a…
…http://www.ikea.com/ms/en_GB/about_ikea/index.html The Times 100 (2012). Business Case Studies. Ikea case study. Available at: http://businesscasestudies.co.uk/ikea/swot-analysis-and-sustainable-business-planning/strengths.html#axzz2VB9TPpjz Interbrand (2012). Best Global Brands in 2012. Available at: http://www.interbrand.com/en/best-global-brands/2012/Best-Global-Brands-2012.aspx Wikipedia (2013). IKEA. Available at: http://en.wikipedia.org/wiki/IKEA…
…from competitors’ products and are in competitive disadvantage if the price offered by competitor is lower. Commodity products. The large stream of Lenovo’s revenues comes from computer, especially laptop, sales,…
…Jul 2023 2. “Of Human Interaction: The Johari Model by Joseph Luft”. Joseph Luft , https://www.amazon.com/Human-Interaction-Johari-Joseph-1969-06-03/dp/B01FKU1NY6 Accessed 28 Jul 2023 3. “The Transparent Self”. Sidney M. Jourard , https://www.amazon.com/Transparent-Self-Sidney-M-Jourard/dp/0442241933 Accessed…
…its current competencies. New activities in a company are also harder to manage and control. The answers to previous questions determine if a company will pursue none, partial or full…
…The firm that competes through differentiation advantage will try to perform its activities better than competitors would do. If it competes through cost advantage, it will try to perform internal…
…corrective actions. References 1. “Rethinking organizational health for the new world of work.” McKinsey & Company, https://www.mckinsey.com/capabilities/people-and-organizational-performance/our-insights/rethinking-organizational-health-for-the-new-world-of-work. Accessed 30 May 2025. 2. “About Marvin”. Marvin Weisbord, http://www.marvinweisbord.com/index.php/about/. Accessed 24 May…
…BlackBerry (2013). Company. Available at: http://uk.blackberry.com/company.html Cheng, R. (2013). How BlackBerry is fixing its once ‘broken’ brand. CNET. Available at: https://www.cnet.com/tech/mobile/how-blackberry-is-fixing-its-once-broken-brand/ Interbrand (2012). Best Global Brands 2012. Available at: http://www.interbrand.com/en/best-global-brands/2012/Best-Global-Brands-2012.aspx…
…4. “What Is the Kanban System?”. Investopedia, https://www.investopedia.com/terms/k/kanban.asp. Accessed 18 Jul 2023 5. “World-class Lubrication Program Transformation”. Machinerylubrication.com, https://www.machinerylubrication.com/Read/881/world-class-lubrication. Accessed 18 Jul 2023 6. “5s Guide”. Creative Safety Supply, https://www.creativesafetysupply.com/content/landing/5S-poster/index.html….
…eBay (2013). Company overview. Available at: http://pages.ebay.co.uk/aboutebay/thecompany/companyoverview.html eBay (2013). Investors. Available at: http://investor.ebay.com/annuals.cfm Interbrand (2013). Best Global Brands in 2012. Available at: http://www.interbrand.com/en/best-global-brands/2012/Best-Global-Brands-2012.aspx Wikipedia (2013). eBay Inc. Available at: http://en.wikipedia.org/wiki/EBay…
…more expensive lawsuits to come. Sources Microsoft (2013). Investor Relations. Available at: http://www.microsoft.com/investor/CompanyInfo/Strategy/default.aspx Wikipedia (2013). Microsoft Corporation. Available at: http://en.wikipedia.org/wiki/Microsoft Interbrand (2013). Best Global Brands in 2012. Available at: http://www.interbrand.com/en/best-global-brands/2012/Best-Global-Brands-2012.aspx…
…will meet. To encourage holistic collaboration—internal stakeholders must represent different areas of the company. It is also a good idea to include external stakeholders—customers, suppliers, and community members—who can provide…
…“Improving Performance: How to Manage the White Space on the Organization Chart.” Geary Rummler and Alan Brache, https://www.amazon.com/dp/1118143701 Accessed 17 Mar 2025. 2. “Function Relationship Map”. Rummler-Brache Group, https://www.rummlerbrache.com/function-relationship-map Accessed…
…a comprehensive statement must include all 9 components. Only then can creating a mission benefit a company. At this stage, try to answer all the questions honestly and identify your…
…https://www.orbussoftware.com/docs/default-source/blogs/crafting-root-definitions-and-purposeful-activity-models.pdf. Accessed 15 May 2025. 5. “SOFT SYSTEMS METHODOLOGY”. The Kellogg Foundation, https://www.bobwilliams.co.nz/ewExternalFiles/ssm.pdf. Accessed 15 May 2025. 6. “Rich picture”. Wikipedia, https://en.wikipedia.org/wiki/Rich_picture. Accessed 15 May 2025. 7. “Systems Concepts in…
…Agile Teams”. Lisa Crispin and Janet Gregory, https://www.amazon.com/Agile-Testing-Practical-Guide-Testers/dp/0321534468. Accessed 22 May 2024. 7. “Agile Retrospectives”. Atlassian, https://www.atlassian.com/agile/scrum/retrospectives. Accessed 22 May 2024. 8. “Agile Retrospective Resource Wiki”. Retrospective Wiki, https://retrospectivewiki.org/. Accessed…
…Adaptiveness and Superior Results”. Mike Rother, https://www.amazon.com/Toyota-Kata-Managing-Improvement-Adaptiveness-ebook/dp/B002NPC0Q2https://www.amazon.com/Toyota-Kata-Managing-Improvement-Adaptiveness-ebook/dp/B002NPC0Q2 Accessed 19 Jul 2023 6. “WHAT IS A FLOWCHART?”. American Society for Quality, https://asq.org/quality-resources/flowchart Accessed 20 Jul 2023 7. “WHAT IS A DECISION…
…Subway tops the fast-food chain. Available at: http://www.guardian.co.uk/commentisfree/2011/mar/11/subway-fast-food-chain-mcdonalds Subway (2013). About us. Available at: http://www.subway.co.uk/aboutus/ DeLong, K. (2012). Zagat 2012 fast-food survey: Subway is most popular. Available at: http://fox6now.com/2012/10/04/zagat-2012-fast-food-survey-subway-is-most-popular/ Entrepreneur…
…for employees Future or present time? Talks about the future Talks about the present To whom is it developed? Employees of the company Employees, customers, suppliers, distributors, partners and communities…
…Financial Releases. Available at: http://files.shareholder.com/downloads/AMDA-NJ5DZ/2264826225x0x607714/2f174ca3-556b-429a-85d3-bea437ee2e6a/FB_News_2012_10_23_Financial_Releases.pdf Heussner, K. M. (2012). Internet advertising still a growth business, but pace slows. Available at: http://gigaom.com/2012/10/11/internet-advertising-still-a-growth-business-but-pace-slows/ Wikipedia (2013). Facebook, Inc. Available at: http://en.wikipedia.org/wiki/Facebook,_Inc. Wikipedia (2013)….
…from our servers. Comments When visitors leave comments on the site we collect the data shown in the comments form, and also the visitor’s IP address and browser user agent…
…Wikipedia (2013). KFC. Available at: http://en.wikipedia.org/wiki/KFC 9WSYR (2013). Yum Brands: KFC sales will fall in China after probe. Available at: http://www.9wsyr.com/business/story/Yum-Brands-KFC-sales-will-fall-in-China-after/bcy0s-8mAUeqWoh6fnmpCw.cspx Interbrand (2013). Best Global Brands 2012. Available at: http://www.interbrand.com/en/best-global-brands/2012/Best-Global-Brands-2012.aspx…
…simplicity to problem-solving. Sources 1. “Toyota Production System”. Toyota, https://global.toyota/en/company/vision-and-philosophy/production-system/. Accessed 26 Aug 2023 2. “Toyota Production System: Beyond Large-Scale Production”. Taiichi Ohno, https://www.amazon.com/dp/B0B3FY1MT5?ref_=cm_sw_r_cp_ud_dp_799G30M0SS0RW9ANSEH4. Accessed 27 Aug 2023 3. “The…
…market share in the future. There are four quadrants into which firm brands are classified: Dogs Dogs hold a low market share compared to competitors and operate in a slowly…