The Integrating Acquired Companies Business Essay - Free Essay Example

Sample details Pages: 6 Words: 1739 Downloads: 3 Date added: 2017/06/26 Category Business Essay Type Argumentative essay Did you like this example? What are most significant differences between design/positioning /planning school of strategic management and resource based view? The design school is applied by formulating clear and unique strategies in a deliberate process. The design school is also known as process of conception, in this process, the internal situation of the organization of the environment (12Manage, n.d.) .The planning school; thorough steps are taken from the moment of the analysis of the situation to the actual execution (12Manage, n.d.). The positioning school, this is also known as analytical process, this strategy is used by placing the organization within its industry, and looks at how the organization can improve its position with their respective industry (12Manage, n.d.). Even though approaches to the design, planning and positioning are different, the design and planning schools are both prescriptive in character, as is the positioning school of thought. In the three schools of th ought discussed above, the environment is seen as relatively constant (Volberda Elfring, 2001). Resource based view, is a method of looking at the firm as a bundle of resources in turn of approaching strategy (Powell, 2005). To achieve sustainable competitive advantages, resource based view evaluates internal resources of the organization and emphasizes resources and capabilities (Madhani, 2009). To enable firms carry out their activities, resources can be considered as inputs. Strategic choices decided by firm while competing in external business environment is determined by internal resources and capabilities (Madhani, 2009) The most significant difference between the perspective school of management and resource based view is that the strategic school of management emphasizes economies of scale and scope such as giving a guide to organization on acquisition, mergers and diversification, budgeting, and analyzing the organizations position within the industry resource based view emphasizing on brand and value creation. While the perspective schools use tools such as Swot analysis, scenario planning and five forces in order to think, program and analyze, resource based view makes an organization to look at their tangible and intangible assets, processes, skills and the leadership aspect of the company .In order to illustrate the significant differences, I would like to compare the differences between the schools of perspective and resource based view. Positioning school enable an organization to identify their position by identifying cost leadership, focus and differentiation,(ÃÆ' Ãƒâ€šÃ‚ rÃÆ' Ãƒâ€šÃ‚ µnd, 2006 ), while on the other hand RBV gives importance to the leadership level of the organization and views the firm as bunch of resources which is said in the above. However, organization who effectively able to use both of them effectively it would benefit the organization in order to reach their goal and know where they stand, for example t hey are able to use the SWOT analysis to identify their strength, weakness, opportunities and threats and at the same time use the resource based view to identify what values or brand name in the organization which can be seen as a large asset to the organization. The biggest advantage of resource-based view is that the resource one company holds are hard to be practiced by a competitor. Question 2 How do these different approaches allow to gain insights into the way successful organizations execute strategy? In order to succeed, companies have to deal with different parts of strategies independently and practice balanced strategies and apply a balanced approach to business system. Many organizations have successfully used these different approaches and executing strategy. I would be using 3 case studies in order to give a better on how this organization uses these different approaches to execute their strategy. Case study #1 Business Management Case Study: How Cis co Applies Companywide Expertise for Integrating Acquired Companies Cisco is a IT company which uses resource based view and the design school. Cisco uses acquisition of other companies to rapidly offer new products, reach new markets, and grow revenue (Cisco, n.d.). Since 1993, the organization have acquired more than 120 companies which consist of small startups to large established firms such as Linksys, Scientific Atlanta, and WebE (Cisco, n.d.). The phases, which is followed by Cisco, clearly illustrates that the organization is effectively using resource-based view and designing school. By using their internal resources such as cross-function teams, common principles, and standard processes, Cisco has developed a formal, repeatable approach to acquisition integration (Cisco, n.d.). The acquisition integration is done by using 3 phases, firstly discovery and planning, where the organization they assess their scope, model their business and integration planning, the second phase, execution, the organization ensure that they are operational readiness and activate their employee, resources and integration task in order to execute the deal with the acquired company, and the final phase, monitoring, ongoing measurement an adjustment of the integration activity (Cisco, n.d.).As stated by Graeme Wood, Direct of the acquisition integration, in the case study, Cisco centralizes acquisition integration as it is effect and allow them to capture best practices, use their skills and resources more effectively and apply discipline and over sight to the entire acquisition process (Cisco, n.d.). Another statement from Pat Belotti, senior manager of sales acquisition in the case study, integrated Cisco worldwide sales operation, the most important benefit of Ciscos standard integration process that the process help Cisco avoid a purge in revenues, in fact the organization is able to increase their revenues rapidly by applying the organizations resources to assist th e acquitted sales department reach their maximum potential (Cisco, n.d.) Case Study #2 Adding value through asset optimization, an Anglo American Case study In this case study Anglo American, a mining company which has a vision of becoming the investment partner and employer of choice in the mining industry, one of its strategy to achieve that ambition is asset optimization and by executing its strategy has been able to achieve on its stated target of saving $1 billion from core operations by 2011 (Anglo American, n.d.). This strategy was executed using the school of planning and resource based view theoretical approaches, in order to achieve their ambition and decided a target of $ 1 Billion from their operations (planning), they decided to optimize their assets. A important feature of development within the asset optimization program was its design, piloting and introduction into Anglo Americans day-to-day business in order for this strategy to be executed a formalized in ternal process called Operation reviewers, this team was full consist of Anglo Americans internal resources, initially they reviewed their operations, Anglo American consistently review their process to make sure that the process is efficient as possible, the operations reviewers apply a structured evaluation process in three functional areas which are operational improvement , technical assessment , safety and sustainable development assessment they combined their central technical capacity with the operational expertise to create a team and focused on delivering value from operational improvement (Anglo American, n.d.). Anglo Americans optimization process sets out a clear view of how operational improvement can be planned for. There are five phases, starting with recognizing an opportunity (investigate numerous ways to lower the mines carbon footprint) followed by the idea stage (found out that a mobile flare design would solve the problem) followed by the initiative stage (a det ailed plan were created by technical expert from Anglo American) and finishing with putting an improvement into practice (Anglo American, n.d.). Anglo American has effectively used the school of planning and resource based view by effectively planning the asset optimization using their resources and as a result has gained sustainable benefits worth billion of pounds. (Anglo American, n.d.) Case Study #3 Delivering a business strategy, a TNT case study In this case study, TNT, a business to business express delivery service and how the organization is delivering a business strategy using school of positioning and resource based view .In the case study TNT has identified that their organization has a distinctive position and that their market position is based on differentiating itself from rival through their intangible resources (resource based view) (TNT, n.d.), TNT has developed a strategy map that puts the customer on the top at their highest priority of the business (TN T, n.d.). The organization wants everyone involved with the business informed on how the organization will be able to achieve its goals (TNT, n.d.).The TNT case study of Delivering a business strategy shows that Operational Excellence is achieved through a strong foundation of fast, reliable and quality services (TNT, n.d.). From there, by understanding what different customers expect, the organization is able to improve the customer relationship and experience (TNT, n.d.). By building a stronger customer relationship the organization is able to build a higher level of loyalty and commitment. The organization views the innovation process is about identifying the future needs of the organizations customers and by establishing a stronger relationship the business is able to develop a joint approach and shared vision (TNT, n.d.). This strategy map involves quality employees in order to meet their aims and effectively carry out the strategy. In the case study, TNT have stated their miss ion to surpass customers expectations and experience in the transfer of their goods and documents all around the world and by delivering value to the organizations customers by providing the most reliable and efficient solutions through their delivery networks and seek to lead the industry by instilling pride in their people and at the same time creating value for our stakeholders and be socially responsible around the world (TNT, n.d.). In order to achieve their aim TNTs biggest resource is their employees from various departments such as distribution, sales and marketing, finance, customer service and HR. .To ensure employees standards keep on growing, TNT emphasizes on development of employees (TNT, n.d.). By developing the organizations biggest resource, people, the organization ensures that it will have the capability to meet and implement quickly any necessary changes in the organizations strategy (TNT, n.d.).The organization also nurture new employees fresh from the market by offering a in house a five year apprenticeship program for people under 22 years old (TNT, n.d.) .TNT has successfully have used the positioning school and resource based view and successfully have a crafted an effective strategy. Conclusion A competitive advantage gives organization-enhanced capabilities for developing and delivering strategic value. Companies should have several competitive advantages, difficult to copy or duplicate, and sustainable over the long-term (Williams, 2007). The three companies above from the three case studies above has clearly have illustration combining school of taught to achieve their mission and vision. Don’t waste time! 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Diversity Reflection Essay - 896 Words

Diversity Reflection Abstract The purpose of this paper is to reflect upon the diverse experiences that I have had in my personal and professional life. Fortunately, I have had a large mix of diverse friends and experiences in my life. This paper will discuss those diversities as well as the plan to expand on my current knowledge. Keywords: Diversity, culture, differences Growing up I always had the opportunity to interact with diverse groups. My father is a retired master sergeant of the United States Army. He is African-American and was born and raised Baptist in Kentucky. He married my mother who is South Korean and Buddhist. I spent the first three years of my life living in South Korea where my father was stationed. We†¦show more content†¦It is always helpful to have some type of knowledge in case you meet or begin working with a person who is a member of a diverse group. If ever I encounter someone whose diversity I am not familiar with, I ask him or her questions to learn more. I do my best not to offend them by asking general questions and let them lead the conversation. I usually start off by asking where a person is from and go from there. I make it a point to let them know that I am always interested in learning about diverse groups so that they know I am curious about their culture. One of my favorite past times is going to festivals. This is a great way for me to learn about diverse groups. I only knew what textbooks taught me about Native Americans but when I moved to Oklahoma three years ago, I learned a lot more than I had ever learned before! I was able to visit the Museum of the Great Plains, attend Indian festivals, and make friends with Native Americans. Tasting, seeing, and interacting with them made the learning experience much richer than any book could have. Not only do I support groups of diverse ethnic backgrounds, I also try to learn more about different religions, disabilities, and social diversities. 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Diary Entry for Macbeth Free Essays

The witches have just told me their prophecy and I don’t know what to think. I have to tell my wife, she is an ambitious women and will be thrilled to find out the news. That in my future I will no longer be thane of Cawdor. We will write a custom essay sample on Diary Entry for Macbeth or any similar topic only for you Order Now I will move on to bigger and better things. For prophesised in my future I will become the great King of Scotland. But how am I to achieve these goals of becoming a king. Duncan is a dear friend of mine and trusts me like a brother. How possibly could I deceive him, however although I cherish the friendship of the king I don’t see him fit for the thrown. I am the one who needs to be in charge, to lead the people of Scotland to glory. I deserve the thrown. How can I harbour these thoughts they are thoughts of evil. King Duncan doesn’t deserve this treachery. He is the King, the man chosen from God to lead the Scottish people. Im not sure on what I am to do, but when I meet with my wife we shall decide together. She usually knows what is right. For now i will try to get a good sleep and think about the long journey back home. During The Murder As I put the pillow to Duncan’s chest I felt sick, I felt like no body could trust me. For Duncan is a friend, how should my friends let alone my enemies think. So I put the dagger down and quickly thought of turning back. I saw the look in his eyes, he wouldn’t forgive me if I turned back now he would send me to prison. So I built up all my courage and stabbed the dagger through his chest, then a second time through his heart to make sure the great king was dead. As soon as I was finished my unholy deed I fled back to room where my wife would meet me. As I got back I had realised I had forgotten to frame the guards and cover up my tracks. As I was to shocked, devastated and had partially lost my mind I couldn’t complete the deed, so my wife had to cover my tracks. I felt less of a man but what was done had to be done and then it was over. After The Murder What have I done, it’s all a mistake. Duncan is a great man loved by many, he didn’t deserve to die such a painful death, in fact he didn’t deserve to die at all. My wife she has corrupted me, but she is not to blame because I am the one who covered the Kings mouth to stop his loud screams from escaping his chamber, and I am the one who slowly dug the dagger through his bare chest till he could not scream any more, till he slept not only for a night but eternally. I have no idea what to do, I am so confused. Should I tell people the atrocity that took place last night in my castle? I feel so alone in the world and I cannot tell my wife these feelings of guilt and regret because she is like a heartless demon, she will taught my feelings till I have no goodness left in me. Although it will be difficult I shall keep this secret safely kept in my bosom so that she will not taunt my feelings and feel I am the weakest link and that I will spoil our plans of becoming royalty. How to cite Diary Entry for Macbeth, Papers

IT Infrastructure Management for Liberty Wines - MyAssignmenthelp

Questions: 1.What business risks had Liberty Wines faced?2.How does Liberty Wines IT infrastructure impact its competitive advantage?3.How did server virtualization benefit Liberty Wines and the environment?4. What data and IT problems were limiting FinCENs ability to fight financial crime?5.Describe the IT upgrades and capabilities needed by FinCEN in order to achieve its mission.6.On what does financial intelligence depend?7.Why is the ability to identify patterns and relationships critical to national security? Answers: 1. Liberty Wines experienced a huge growth in the business and the department of IT failed to successfully handle the increase in volume of data. The frameworks were quite slow and needed more efforts on maintenance. This implied loss of efficiency of employee, and also affects the core processes of business, for example, arrange processing of order and management of inventory As the service level is not provided, the clients expect in a quick paced condition or the capacity to oblige development, they gambled loss of future business as well as the potential loss of current clients. 2. The reduction of costs of replacement of hardware, power and air conditioning helps in improving the resilience as well as stability with the help of backup system. This helps in speeding up of the process of business that enable the faster running of app, improvement of the bottom line as well as better services to the customers are been provided by employees with great productivity (Nguyen, Min Park, 2015). Moreover, the growth of business in future helps to accommodate rapidly as well as in an easy manner. Competitive advantages are achieved by the organization by reduction of costs, improvement of services and scope for growth in future. 3. The reduction of 10 servers to 4 servers among which one of the server is been booked for the backup system causes cut in for the power use as well as 60 percent costs of air conditioning the helps to improve the bottom line and the assists to reduce the carbon footprint. The operation of application is faster by better utilization that yields in better services to the customers and excellent management of inventory. The costs of hardware replacements are been reduced by 69500 dollars as well as when required the servers can be integrated rapidly and with ease. 4. The report containing the data which the financial institution needs to provide to FinCEN is of inconsistent quality as well as lacking in both standardization and validation. During the analyzing of data FinCEN got restricted to simple routines as well as small datasets. The bureau failed in conducting the analysis transversely of massive datasets as well as they lack capabilities in proactive analyzing and trending of prediction. The data reported was done by utilizing different systems those were offline. These issues combined for FinCEN to confront the issues in rapidly detecting the emerging and innovative threats as well as assist in disrupting of criminal enterprises. 5. The upgrading of FinCEN in its capabilities of analytics, infrastructure and databases of Information Technology was done. The analytics that was upgraded required for better collecting and data analyzing with the help of multiple sources. It also helps them by providing the federal, state, regulatory authorities as well as locally enforcement. The analytics of the organization in recent time have the access of improved analytics as well as capabilities of examination. The upgrading of database was done by converting all the data of eleven years from the system legacy to new record system of FinCEN. The company having the upgraded infrastructures of IT helps the organization in receiving, processing and storing all the reports of FinCEN electronically. The organization released FinCEN Query Web-based app. This is an innovative tool for searching that is been accessed by the analytics of FinCEN, enforcement of law, regulatory users and intelligence by providing the real-time for ac cessing the past eleven years data of Bank Secrecy Act. 6. The dependence of financial intelligence is on the effective analytics of data for identification of patterns as well as relationships which reveal the illicit activity. 7.The intelligence has the increased speed as well as ability for detecting the financial launderers as well as terrorist financers. It also helps in disrupting every criminal activities happening within the nation. Research recent financial crimes that FinCEN has detected and disrupted. Explain the role of data analytics in crime detection. The mission of the organization is to provide safeguard for the financial system from the financial crime and promote the security within the nations for analyzing and disseminating the financial intelligence. The unit of fraud detection as well as internal auditors manages the data as well as the system and then process the detection of fraud. The service of real time helps in decision making (Cross, 2016). Reference List Cross, C. (2016). Using financial intelligence to target online fraud victimisation: applying a tertiary prevention perspective.Criminal Justice Studies,29(2), 125-142. Nguyen, T. A., Min, D., Park, J. S. (2015). A comprehensive sensitivity analysis of a data center network with server virtualization for business continuity.Mathematical Problems in Engineering,2015.