Strategy is about making choices. It’s about understanding your environment, resources, capabilities, and goals and making decisions that will help you achieve your objectives.
You must think critically about your business and understand the forces at play. You also need to be imaginative and develop new ways to compete.
Fortunately, there are tools and resources that can help you develop an excellent strategy. Plenty of great books and articles can provide insights and frameworks. And there’s also our database of free samples that provides papers on strategy.
Introduction Change management in a dynamic marketplace is one of the most essential features of a viable company. The need to manage change, in general, is usually conditioned by environmental, competitive, and policy pressures on the company. In this case, the company has two outcomes: either to effectively implement new...
Introduction Quail farming is a form of animal husbandry where a farmer keeps quails for different purposes such as meat production, egg-laying, flying and games, and more. Quails are small animals that require a minimal area for survival and are very effective in cost savings. They survive in normal temperatures...
Introduction A leading goal of every business is to attract more customers and obtain more benefits. These outcomes are possible if an organization has a competitive advantage over its rivals. That is why companies do their best to develop practical business strategies that would help them occupy a more prosperous...
Introduction Employee unrest is on the rise in Saudi Arabia, putting pressure on the country’s economy and companies and their workers. Although past studies have concluded that labor relations affect the performance of an organization, they have not defined the nature of the relationship between labor relations and business variables...
Ten Questions of Strategy Detail on Granular Choices The question on granular choices implies the need to define the specific market a company is going to beat. The strategy of granular choices allows to consistently reallocate resources moving between the outlined segments. According to Teece (2018), microfoundations (granular foundations0 facilitate...
It is generally known that military veterans possess a large number of skills and competencies that might be effective in civilian occupations. According to research, the adoption of a military mindset might be highly beneficial in contemporary business due to the developed and multifaceted skillset of veterans (Nazri & Rudi,...
As per Porter’s model, the competitive forces in the field are primarily determined by low threats of new entrants due to the need for investments in creating content and the power of suppliers as the main advantage because of producers’ growing significance compared to cinemas (Fata, 2019). The rising power...
Ian Davis has opened up to one vital aspect for the success of large companies. The social issue surrounding the business environment has proved to be a bridge between production and consumption. Ian claims that social issues like environmental concerns affect the purchasing power of consumers through a psychological mindset....
Introduction An integrated communications strategy is a way of aligning the messages that a company communicates across all channels with the strategy of development. Applying this plan will allow Haxon to achieve consistency in the messages that the customers and potential buyers receive through social media, advertisements, Haxon’s Kickstarter page,...
The selection of an appropriate business-level strategy is critical for the survival of a business, especially during the pandemic, and Starbucks is one of the companies which successfully manages to address this task. The overall focus of this corporation during this time is the creation of competitive advantage through differentiation...
Introduction The main objective of this dissertation is to discuss the impact of global financial crisis on the strategy and HRM of multinational companies. Background of the problem According to the report of Krolicki & Bailey (2008), largest automaker GM’s quarterly loss was $4.2 billion and shares tumbled 13% whereas...
Introduction The Virgin Group, one of the most successful venture capital companies in the United Kingdom and worldwide, was created by Richard Branson in 1970. It serves as an example of a brilliant implementation of company diversification. His innovative approach to doing business led the company to a period of...
Introduction With regard to Starbucks SWOT analysis, the company has been identified to have strong competitive advantages and opportunities for growth as well as eminent areas of threat and weakness with regard to its primary and secondary environments. These factors affect the overall managerial decision of the company as management...
Executive Summary The aim of this paper is to analyze the strategy of Tim Hortons Inc.; however, in order to evaluate and assess the strategic position of the company, it is vital to outline a company overview, discuss the history, evolution, and growth of the company over time, and assess...
Introduction Toyota Motor Corporation is a global institution that specializes in the manufacture and promotion of motor vehicles. The company was started in the year 1937 and has a workforce of over 317,734 people worldwide. The company is also the world’s largest automobile corporation through manufacture. This paper discusses the...
Business Overview This plan aims at laying the factual strategies that will be involved in implementing a business to provide communication services and devices in Australia. The proposed name of the company will be Safaricom Limited. The company will offer such communication services as voice calls, short message services, internet...
A recent announcement by the Australian prime minister Malcolm Turnbull about the cancellation of the visa 457 program has placed many overseas workers in a precarious position (Go Study Australia 2017). The implementation of this reform presupposes the introduction of a new Temporary Skill Shortage (TSS) program and will be...
There is no doubt that a range of decisions related to the choice of strategy and the particular practices needed in order to implement it remain extremely important with regard to such factor as company performance. In fact, development of the proper strategy can be regarded as a difficult task...
Executive Summary Innovation is an ongoing process that involves recognizing an opportunity, creating an idea out of the opportunity, designing or inventing relevant development towards an idea, prototyping the idea from an existing product, the actual production of the idea by coming up with innovated good or service and introducing...
Strategic audit tools can be of major assistance to a company due to their ability to provide comprehensive assessments of strategic decisions (Grant, Macdonald, & Sharifi, 2011; Wheelen, Hunger, Hoffman, & Bamford, 2017). As a result, their study is of interest to any person who is involved in the theory...
Abstract The future is not clear for Apple because the company deals with its challenges in a unique manner that leaves the competitors surprised. Over the past several years, the number of sales in the company has decreased and its stock prices have stagnated. The future of the company might...
Introduction The communication business has evolved from customary telecommunication systems. The older methods of communication suffer unpredictability and result in inconveniences for users. The business people then resolved to invest in research efforts to develop better communication technologies. Presently the marketplace is bursting with exceptional and extremely sophisticated communication gadget,...
Introduction Every business enterprise seeks a competitive advantage over its market competitors. Market changes and fluctuations creates a certain response that a business deems appropriate to handle or rather tame the changes in a market situation. Changes can involve overhauling of part or whole strategies currently in place. Traditionally, production...
Introduction Downsizing strategy is aimed at reducing the size of the organization’s workforce in the bid to cut down cost and increase profitability. This strategy is normally formulated by the top management of my organization and then implemented by the middle managers at the human resource department. In this paper,...
Abstract This study focuses on strategic theory and empirical issues at the business level. It is based on the basic impact on business strategies a game plan for one line of business. Our analysis puts into consideration the empirical issues control to building and strengthening the firms’ long-term competitive position....
Why do so many firms continue to use an acquisition strategy? In the present day globalized environment, the significance of acquisitions as the key method of making a company competitive enough is extremely high (Ulijn, Duysters & Meijer, 2010). True, for most SMEs and even for larger companies, acquiring the...
What are the Differences between a Cost Leadership Strategy and a Differentiation Strategy? Provide an example of each Cost leadership strategy refers to a company that is a producer of economic value in an industry at a low cost up to a certain level of specification. In effect, this means...
What are the primary differences between ERP, CRM, and SAP, and why would an organization select one of these for inter-organizational collaboration? ERP, CRM, and SAP are normally confused to mean the same thing. Enterprise Resource Planning (ERP) is the software that rationalizes the internal activities of a department in...
Value chain analysis refers to the evaluation of the value-generating activities that businesses or organizations engage in to improve their competitive strength. In this paper, Wal-Mart’s value chain will be analyzed. Wal-Mart’s primary value chain activities consist of an effective and efficient inbound and outbound logistic management system. The company...
The author emphasizes that organizations are experiencing an increase in pressure to adjust to market changes to achieve long-term survival. One of the main sources of market pressure involves the high rate of globalization due to the increased market liberalization. Therefore, organizations are operating in an intensively competitive environment. The...
IKEA has been pursuing a global strategy. This approach makes it possible for the company to acquire cheaper products. The products are then marketed globally thus supporting the firm’s performance. The firm has also reduced business and operational costs. However, the strategy generated numerous concerns after cases of child labor...
Continuous improvement of operational performance and sustainable growth are the major objectives for every company, regardless of the sector of operation. Since an emphasis is made on growth and development, a company’s function or industry does not have a robust influence on making decisions related to the company’s future, as...
One of the strategies currently applied by Hershey and evident from one of the recent press-releases is market penetration. Thus, the press-release Ice Breakers brand creates Team Unicorn to spark “Unicorn Moments” through Olympic Winter Games Pyeongchang 2018 dated December 06, 2017, presents the way the company implements the strategy....
Current Strategy At the back of today’s competitive business environments, firms ought to deisgn, develop, and implement sound strategies that align with their long-term objectives. It is impossible for an organization to grow without a clear roadmap to steer it towards the desired growth level. The path to success contained...
Uber Technologies, Inc., is an American transportation network company that operates by connecting passengers with drivers through a smartphone app. The paying customers use the app to submit a request for a ride, which is then communicated to the Uber drivers, who use their own cars (Pilieci par.7). The company...
Summary of Executive and Abstract The purpose of this report involved an analysis of the BlackBerry business strategy. Therefore, research presented what led to the failure of the beleaguered smartphone manufacturer and its attempts to turnaround the dying brand. BlackBerry was once the dominant player in the smartphone market globally....
