Business essays

free essayFinsbury Food Group is the UK-based company that dominates the London stock market. It manufactures and sells bread and cakes to the UK grocers. This company has complex structure as it consists of cake business and bread business. The peculiarity of Finsbury Food Group is that it manufactures sweet snack products in store bakeries. Product assortment of the manufacturer includes fruit bread, handcrafted products, buns, giant and mini rolls, roulades, crumble cakes, kids’ cakes, loaf cakes, seasonal or festive cakes, ripple layer cakes, and party cakes for all occasions. Finsbury Food Group consists of the following subsidiaries: Nicolas & Harris Ltd, Goswell Enterprises Ltd, Memory Lane Cake Company Ltd, Anthony Alan Foods Ltd, Campbells Cake Company Ltd, Lightbody Group Ltd, and California Cake Company Ltd (Finsbury Food Group 2016).

Finsbury Food Group is a young company that has been operating in the market since 2002 when Memory Lane Cakes received its current name. In 2003, the company acquired Nicholas & Harris that has reinforced its serious intentions about growing. In 2005, Finsbury Food Group involved Campbell, California and USB companies that helped to achieve new marketing objectives in the UK. Another step related to the acquisition was made in 2007 when the company acquired Lightbody Group and Anthony Alan Foods Ltd. It means that Finsbury Food Group did not want to grow but to avoid the direct competition in the UK market. The biggest growth of the company was in 2015 (Finsbury Food Group 2016).

Get a price quote


The peculiarity of this organisation is in its acquisition strategy that helps it to become larger and win new locations. Moreover, Finsbury Food Group is a leading bakery manufacturer not only in the UK, but also in Europe. The company produces and supplies high quality cakes and breads through a variety of channels and brands. It operates in a sustainable and ethical manner, working with local communities and suppliers and minimizing the impact on the environment. It should be mentioned that the company is a diversified platform, equipped to deliver further growth, identify acquisition opportunities, and increase shareholder value (Barney 2012).

The strength of Finsbury Food Group is that it suggests a variety of career opportunities to their employees. As their vision is to build a leading bakery group in the UK, then they are constantly in search of talented and creative people. Learning and development are the key aspects of their continued success. The business strategy of Finsbury Food Group is related to the following directions: growing with the help of acquisition, succeeding in out-of-home and retail grocery channels, developing the strong brand, fulfilling customer needs, and creating high-quality bakery products (Finsbury Food Group 2016).

Consequently, this paper intends to describe the business strategy of Finsbury Food Group with the help of its strategic planning. Moreover, it is aimed to suggest a new business strategy, approaches to its evaluation and selection, and ways of its implementation.

Save 25% on your ORDER Save 25% on your ORDER

Exclusive savings! Save 25% on your ORDER

Get 15% OFF your FIRST ORDER + 10% OFF every order by receiving 300 words/page instead of 275 words/page

Understanding the Process of Strategic Planning

1.1. How business missions, visions, objectives, goals and core competencies inform the strategic planning

The strategic planning is impossible without taking into consideration company’s business missions, visions, objectives, goals, and core competencies (Ferrel & Hartline 2010). Consequently, it is crucial to regard them while implementing the process of strategic planning in Finsbury Food Group. Its business mission is to build a leading bakery group in the UK. The visions of this organisation are to find more locations and implement the process of acquisition successfully. The main objectives of the company are to find new partnership for the further extension, win more locations in the European market, create high-quality products, and become more competitive. The goals of Finsbury Food Group are to increase brand awareness and supply major foodservice channels and retailers. Core competencies of the company are corporate culture and responsibility, strong partnership, and good investment. Therefore, informing strategic planning demands to rely on these organizational peculiarities and improve them if it is necessary for further growth.

1.2. The factors necessary for formulating a strategic plan

To formulate a strategic plan for Finsbury Food Group, it is necessary to take the following factors into consideration: (1) engagement, (2) communication, (3) innovation, (4) project management, and (5) culture (Barney 2012). With regard to engagement, Finsbury Food Group uses  formal strategic planning process to make strategic decisions and implement creative projects. Communication between all levels of employees is crucial to find common agreement in planning through meetings, focus groups, and feedback surveys. Innovation is another necessary factor for formulating a strategic planning that presupposes creating new products, services, and restructuring departments. Project management is based on the commitment and high involvement of the employees who should contribute to the strategic planning process. Culture is an inevitable factor that proves company’s responsibility, brand awareness, and image among employees and customers. All these factors should become the basis for formulating strategic planning and its implementation.

1.3. The evaluation of techniques used for the development of strategic planning

When developing strategic business plans, it is crucial to apply the most effective planning techniques to evaluate company’s current state of affairs and build priorities for the future. It is recommended that STEER analysis, PEST analysis, Porter’s five forces model, and SWOT analysis be applied (Ferrel & Hartline 2010). These techniques will help to create an adequate plan of actions and determine the key goals. SWOT analysis presupposes determination of strengths, weaknesses, opportunities, and threats of the company to apply the received information in order to create a new business strategy. PEST analysis is the technique that is helpful for defining political, economic, sociocultural, and technological factors that can drive or restrain Finsbury Food Group. STEER analysis is the technique that evaluates regulatory, ecological, economic, technological, and socio-cultural factors that also are crucial during the process of strategic planning formulation. According to Porter’s Five Forces model, strategic planning should consider the following aspects: the power of buyers, the threat of substitutes, the threat of new entry, supplier power, and competitive rivalry.

Our Benefits

  • English Speaking Writers
  • Plagiarism Free Papers
  • Confidentiality Guaranteed
  • VIP Services
  • 300 Words/Page
  • Affordable Prices

Formulation of a New Strategy

2.1. The strategic positioning of Finsbury Food Group after an organisational audit

The strategic positioning of Finsbury Food Group is based on its competitive advantage, customers, and products. The key competitors of this company are Associated British Food PLC, United Biscuits TOPCO Limited, and Burton’s Food Limited (Finsbury Food Group 2016). Finsbury Food Group has its customers in the UK as well as in Europe. The products of this company are fruit breads, handcrafted products, buns, giant and mini rolls, roulades, crumble cakes, kids’ cakes, loaf cakes, seasonal or festive cakes, ripple-layer cakes, and party cakes for all occasions. It is necessary to conduct an organisational audit based on SWOT analysis to understand the strategic positioning of Finsbury Food Group. The strengths of this bakery manufacturer are related to its rich experience in the London stock market, high diversity of products, and a large number of customers. The weaknesses of the company are high competitiveness in the European market and mistakes in HRM policy. The opportunities of this business are the following: penetration of new markets, acquisition of new departments, and attraction of new customers. The threats of the company include the decrease in profits and sales, customers’ complaints about quality, and the brand image decline.

2.2. An environmental audit for Finsbury Food Group

An environmental audit is also no less crucial when it comes to strategic planning and a new strategy formulation (Howe 2014). It is recommended that PEST analysis should to be applied to understand the peculiarities of the external environment of Finsbury Food Group. Political factors affecting the company’s operation are related to tax obligations, following health and safety regulations of the government. It means that Finsbury Food Group should respond to the UK and European government laws and regulations to avoid lawsuits and restrictions. Economic factors affecting the company are related to the economic situation in the market, as well as unemployment and inflation rates. However, it should be mentioned that Finsbury Food Group is the unity of the companies. Consequently, economic crisis can be overcome easily. Sociocultural aspects related to the organisation include the quality of products, customers’ concerns about their health, and demographic situation. As a result, the company should follow a healthy policy to retain customers. Technological factors that are significant for Finsbury Food Group presuppose orientation on innovation, improvement of the payment process, and implementation of new products with the help of the advancement of the manufacturing process.

2.3. The significance of stakeholder analysis in the business strategy of Finsbury Food Group

The stakeholder analysis is also essential for strategic planning and formulating a new strategy for Finsbury Food Group. The company has many stakeholders. Hence, it is necessary to inform them about planning and intention to create a new business strategy. The direct stakeholders of this company are owners, managers, customers, and employees. Direct stakeholders have more advantages in comparison with indirect ones. As a result, they should be conscious of any changes in the business strategy. The task of owners is to collaborate with direct and indirect stakeholders to influence their decisions. Employees can provide high productivity, performance, sales, and profits of Finsbury Food Company; therefore, they should be involved in the process of planning. The number of customers determines the financial state of affairs in the company. It is crucial to formulate business strategy that will enable quick response to the demands and tastes of customers. Indirect stakeholders consist of competitors, society, and the government. The competitors of Finsbury Food Group are Associated British Food PLC, United Biscuits TOPCO Limited, and Burton’s Food Limited (Finsbury Food Group 2016). Thus, it is crucial to follow them to remain competitive. Moreover, the company should study the interests of society concerning food and implement them in their business strategy. As Finsbury Food Group operates in the European market, it should follow laws and regulations of different countries.

How It Works

1. Place an order
2. Make the payment
3. Download your custom written paper

2.4. A new strategy for Finsbury Food Group

A new business strategy for Finsbury Food Group should be based on the increase in productivity and performance with the help of training and learning. Currently, the company does not pay too much attention to this aspect. Moreover, a new business strategy should be based on the improvement of corporate culture that should promote ethical principles in the relationships with employees and customers. A new business strategy demands a regular strategic planning that will make all operations more effective and productive, providing schedule and timeline within the organisation. It is necessary to make a new business strategy correspond to the processes of innovation and tendencies in the global market. Therefore, Finsbury Food Group should do everything in time and be strategic in its decisions. Its up-to-date business strategy should be based on the informal and formal control to provide quality, performance, and discipline. The informal control in the company should include social and cultural control, self-control, and customer feedbacks. The formal control should be based on monitoring cultural competences and social control.

The Approaches to Strategy Evaluation and Selection

3.1. Possible alternative strategies relating to substantive growth, limited growth or retrenchment

The limited growth or retrenchment and substantive growth demand building certain alternative strategies that will help to provide the company’s development. For limited growth, Finsbury Food Group should use such strategies as product development, market development, and market penetration. Product development is the process of manufacturing and presenting new products to the customers (Reiss 2012). Market development presupposes finding new locations for the products and services of the company (Finsbury Food Group 2016). Market penetration will help to protect customer base and build market share of the company. Such alternative strategies as horizontal and vertical integration, as well as related and unrelated diversification can lead to the substantive growth (Senior & Swailes 2010). Horizontal integration has not been practised by Finsbury Food Group yet as they did not merge with their competitors. However, the company used vertical integration connection with other companies that specialize in the bakery. Related diversification is a good strategy that will help to win more locations in the European market. If the company wants to win the Asian market, it should use unrelated diversification that presupposes implementation of new products, services, and innovations.

Our Customer Support Team is at Your Disposal 24/7

3.2. The justification of the selected strategy

The selected business strategy for Finsbury Food Group will be justified as it is built on the basis of stakeholder, organizational and environmental analyses. Moreover, such strategy presupposes the strategic planning that makes it more innovative, perspective, and corresponding to the tendencies in the market. This business strategy will bring positive changes as it pays attention to stakeholders and customers’ interests. Moreover, the business strategy of Finsbury Food Group considers such factors as engagement, communication, innovation, project management, and culture. The combination of these factors makes this business strategy more integrated, creative, and progressive. It can be asserted that the strength of the selected strategy is in its orientation on growth and market penetration that will help to win new locations and attract new customers.

Implementation of the Chosen Strategy

4.1. Comparison of the roles and responsibilities for strategy implementation

The personnel is in charge of the strategy implementation, which means they should know their roles and responsibilities. Employees are responsible for the performance of the objectives related to product and distribution strategies (Hughes 2010). As a result, the outcomes of the new strategy depend on them directly. On the contrary, managers are more responsible for the direct control within Finsbury Food Group. Strategy implementation considers human resource factor as the most crucial one for successful realization (Bingham et al. 2005). It is evident that not only control and monitoring, but also hard work and persistence are fundamental for achieving the desired result. To meet all these responsibilities, analytical tools such as Ansoff matrix, model of the structure, coordination, and duty allocation should be applied. They will help to check whether the personnel is working in the proper direction.

4.2. The resource requirements to implement a new strategy for Finsbury Food Group

Financial and human resources are necessary to implement a new business strategy for Finsbury Food Group. Consequently, the company should include resource allocation in their central management activity to make the processes of learning and development consistent (Cameron & Green 2012). The necessary resources can be divided into four groups: technological, human, physical, and financial ones, as they have diverse appointments. Technological resources include the implementation of innovations and gadgets that improve manufacturing. Human resources include the current employees and new ones who aspire to work for Finsbury Food Group. Financial resources consist of the additional costs that are necessary to buy more innovative equipment, development of the promotion strategy, and opening new stores. Physical resources are related to the equipment, machines, and devices involved in the product development.

TopTop 10 writers writers

Your order will be assigned to the most experienced writer in the relevant discipline. The highly demanded expert, one of our top 10 writers with the highest rate among the customers.

Hire a TOP Writer
Hire a TOP Writer

4.3. The contribution of SMART targets

The contribution of SMART targets is essential when it comes to strategic planning and formulating a new business strategy (Scott 2011). The specific goals of Finsbury Food Group are related to winning more locations in the European market. Measurable goals of the company include evaluation and analysis of employees’ productivity and their desire to contribute to the company’s growth. The main achievable goal of the organisation is to maintain a competitive advantage in the UK market. The realistic goals of the company consist of the increase in quality as well as involvement of more customers and partners.

Conclusion

A new business strategy will be effective and progressive for Finsbury Food Group, considering its complex structure, as well as customers, employees, and stakeholders’ interests. Moreover, this strategy should be formulated on the basis of the internal and external analysis that reveals the company’s advantages and disadvantages. Organisational and environmental audits help to understand ways of the implementation of a new business strategy and its improvement according to the company’s objectives and missions. It is evident that formulating a new business strategy is possible only with the help of strategic planning that helps to provide effectiveness and productivity. However, a new strategy will not work without commitment of personnel, improvement of specific objectives, and implementation process of innovation and changes.

Finsbury Food Group

Finsbury Food Group is the UK-based company that dominates the London stock market. It manufactures and sells bread and cakes to the UK grocers. This company has complex structure as it consists of cake business and bread business. The peculiarity of Finsbury Food Group is that it manufactures sweet snack products in store bakeries. Product […]

Financial Analysis and Management: Sports Direct PLC

Sports Direct PLC is a UK based firm operating in the retail industry with specialty in sportswear products. Founded in 1982, Sports Direct is currently the leading sportswear retailer in the UK in terms of sales volume and revenue. It also owns hundreds of stores spanning across Europe. It also vends its products on its […]

Code of Ethics for Food Establishments

Food safety is a renowned premises as well as the foundation of life and consumer safety. Food safety is often associated with the quality of life and the overall body health. There are numerous ethnical issues involved in the food business, including improper handling of food materials that this study seeks to emphasize. The majority […]

Vitango

Vitango is a drink produced by the Coca-Cola Company. It contains all vitamins and minerals necessary for people on a daily basis, thus it will be distributed in Botswana, where many people suffer from anemia and other diseases caused by mineral deficit. In order to sell this product successfully, it is vital to develop a […]

Production Strategies

Various companies employ different production scheduling techniques using several strategies. The implementation of the latter depends on such factors as a customer’s feedback, shareholders’ demands, and the reshaping of a product or service. Moreover, organizations do so hoping to rethink their distribution approaches, connecting supplies to retailers. Ultimately, each implemented policy has its direct or […]

Lenovo: Strategic Analysis

Strategy and sustainability: the expression of organizational values and vision Lenovo Group Ltd is a global technology company with headquarters in Beijing . It was founded in 1984. In 1996, it has become China’s largest PC Company. Its name used to be Legend Holding, but in 2004 the company was renamed to Lenovo. In order […]

The Making of Fiat Mio

As it turned out, innovations did not only concern the product of the company, but expectations of its clients. Fiat managed to invite its clients and followers to the process of the creation of a car, generation of ideas, and participation in the key decision-making aspects regarding the design and technical details. The process turned […]

The Importance of Social Media in Business

In the recent history, there have been numerous debates among the researchers and the academics about the existing challenges and opportunities of social media and online research. The social media platforms offer rich data in all areas of life and businesses. The researchers are using the data to support their work and create networks. A […]

Macroeconomic and Company Success

The world of economics has two main layers: macroeconomics and microeconomics. As everything in the economics, macro and micro levels are closely interrelated. Macroeconomic level examines the whole economy as the aggregation of all firms and households and studies indicators like output, consumption, level of prices, etc., while microeconomic studies each individual, every firm, and […]

The Affordable Care Act and Cadillac Tax

The Affordable Care Act has been amended by the Congress to impose an excise tax on high-end insurance coverage, sponsored by the employee. This provision is popularly known as the Cadillac tax and will become operative in January 2020. Currently, most of the employees that contribute to high-end plans are exempted from the income and […]

The Detailed Information About Kowloon-Canton Railway Corporation (KCRC)

Over the past century there has been a dramatic increase in the world economy. The automobile and railway corporations have shown the rapid development in the economy. This paper is divided into four parts. The formal business report presents the detailed information about Kowloon-Canton Railway Corporation (KCRC), its purposes, bases of operations, mode of operation, […]

McKinsey & Company

McKinsey & Company is a leading global management-consulting firm in the Middle East, which serves governments, leading non-governmental organizations, businesses and not-for-profit organizations. The company assists its clients in making lasting improvements especially to their performance and realizes their most significant goals. For over a century now, McKinsey & Company organization has been uniquely equipped […]

History of Hilton

Hilton Hotels and Resorts is a chain of full service hotels and resorts that are spread all over the world operating under the brand of Hilton Worldwide. Hilton Hotels & Resorts (2015) indicates that it is made up of a chain of at least 540 hotels in 78 countries spread across six continents. The company […]

Models of Organizational Diagnosis

A necessary step in the design and management technology for the internal object, subject, and goal of a company is to determine its condition, the approach to resource utilization, and performance outcomes. The tools for determination of these aspects are organizational diagnosis allowing the partners and owners to find appropriate and relevant significant issues of […]

Taobao and Consumer Protection

If a person happens to spend some time with common people in China, he/she will quickly recognize that their shopping patterns significantly differ from those of people leaving in the western countries. It can be explained by the fact that e-commerce has grown and become so essential to the population of China, Taiwan, Macau and […]

Supply Requisition Process and How It Can Affect the Average Customer Wait Time

According to the business dictionary, supply requisition process is a detailed procedure of acquiring inventory for an organisation. Its necessity consists in an organisation’s need to purchase uniform and supply goods and services. This process is rather complex and can take a considerable amount of time. Various organisations have different procedures, but as a general […]

United Airlines: Leadership Concepts and Practice

The application of leadership concepts and practice in real life can be rather helpful in addressing the arising challenges. Much attention will be paid to the development and presentation of the coherent strategy for overcoming of the stated challenge. This strategy will be based on the data from various peer-reviews journals. The identification and evaluation […]

Webstore Components: Hardware, Software, Network and Database Devices

Technology has brought significant revolutionary changes to the business industry. Modern firms are conducting most of their business operations over the internet. For instance, marketing firms are utilizing the internet to advertise and sell their products online (Chaffey, 2009). This strategic approach has, as a result, created product awareness to the customer. Most importantly, the […]

Whole Foods Market Feedback Loop

The feedback loop and organizational learning opportunities are based on the fact that all elements and activities of businesses are placed in such a way that they result in a cause and effect situation. All the activities of organizations are dependent on each other and thus there is no business activity that can be carried […]

Globalization of MNCs

There is the tendency for companies all over the globe to transform into worldwide organizations nowadays. Few following factors have led to the transformation of not only enterprises but also a change in the requirements for human resources management. They include such as globalization and internationalization of the world economy, the trend to form alliances […]

“Working at McDonald’s”: Amitai Etzioni

In modern society, it is common for teenagers living in the United States to have a part-time job in various fields. However, the fast food chain is the most common choice of work placement. In the essay entitled “Working at McDonald’s,” Amitai Etzioni claims that working in the fast food industry, including McDonald’s, may have […]

Verizon Communications Inc.: Case Study

Verizon Communications Inc. is an American telecommunication company that focuses on wireless and wireline Internet connections. The organization is one of the leading telecom companies in the world. It has succeeded in various areas of its operations and generated 10k reports over the period it has been operating (Petrova & Wang, 2011). Verizon is arguably […]

Amazon Company: Management and Key Activities

Amazon’s success is one of the most discussable topics in the world of business, entrepreneurship, and management. Usually, there are two groups of people – the first one agrees with the majority of company’ management decisions, and the second one does not support them. When it comes to any leader of the industry, there are […]

JetBlue Airways

JetBlue Airways is an airline that operates in the United States and offers low-cost services to travelers. The headquarters of the company are in New York and the main base is the John F. Kennedy International Airport. It serves at least 97 destinations, and thus, it is an influential airline service provider. Founded in 1999, […]

Amazon Fulfillment

The field of logistics entails mainly manual work and thus has proved to be inefficient in service delivery to different customers. Automation of this field would mean that companies in this industry would offer freight services at a faster pace and, at the same time, this would reduce the cost of delivering the goods. In […]

ZARA: Performance Analysis

In fact, Inditex is the lucky owner of Zara, Bershka, Pull&Bear, Oysho, and Massimo Dutti. Every store reflects the company’s approach towards the integration of fashion in the daily clothes of every customer. Moreover, Inditex demonstrated the importance of fashion and proved its desire to obtain a leading position in the market thanks to the […]

Strategic Management at Google Inc.

Current Organizational Structure of Google Google Inc. is currently known as Alphabet Inc. The company does not embrace a conventional corporate structure model, in which the prevalence of influence flows in a top-down fashion to the managers and then to staff (Yarow). Conversely, Google Inc. has adopted a cross-functional corporate structure, utilizing a team approach […]

Keda Industrial Co.Ltd – Case Study

Keda Industrial Co.Ltd is a company that engages in real estate, infrastructure, imports and exports, financial services, semiconductors, biochemical engineering, and large-scale machinery businesses in China. The company’s main business is producing and selling machinery for processing ceramics used in construction on a vast scale (Scherner, Muntermann, & Rossnagel, 2009). In 2005, Keda successfully installed […]

Tesla Motors Company

Introduction to Tesla Motors and Overview of Its History Tesla Motors is named after electrical engineer and well-known physicist Nikola Tesla. The company started its operations in 2003 in the Silicon Valley. The idea was to reassure the target audience that electric cars are more efficient compared to those that use fuel or gas. One […]

McDonald’s Brand: Problems and Solutions

Outline 1. Problems: A. Poor marketing strategies is one of the reasons businesses are failing. a. Engaging in wrong marketing strategies exposes the business to unnecessary costs that produce no value to the business. b. Wrong marketing undertakings resulting in a company having unfavorable public perception and long-term loss of market command. B. McDonald’s faces […]

The Social Impact of Walmart

Wal-Mart has become a household name in business and society today. It is a symbol of success, efficiency and wealth. Wal-Mart tops the list of the largest companies in the world. Additionally, its founders the Walton family is among the richest people in the world since they hold from the 7 to 10 position in […]

Volkswagen Company Report

The Volkswagen Company was founded in the 1930s in Germany and has been in operation for many years. The Company automobile company operated only in Europe for several years. It has then expanded from Germany to different parts of the world. Apart from manufacturing and distributing the automotive products, the company also offers banking services […]

BARS Rating Scales and Business Student Performance in Team Projects

Communication, which is the capacity to express ideas about the projects through verbal or written communication, is the first competency. Proper grammar usage, making presentations in a professional way, using plain and relevant messages constitute good communication skills. Inability to communicate well leads to a low performance of the team, because its members will not […]

Market Structures: QFinance

There are four main market structures, in which the companies may operate, including monopoly, oligopoly, monopolistic competition, and perfect competition. Each market structure differs from others by variety indicators. In order to reach competitive advantage and generate a proper income the companies should apply competitive strategy, which would respond the market structure’s conditions. Coca-Cola is […]

Positive Image of Organization and CSR

Corporate social responsibility (CSR) is the concept in organizational behavior that relates to my experience. CSR is a business model according to which an organization manages its actions with an attempt to produce an overall positive influence on the society. Specifically, CSR has a wide-reaching impact on a company’s reputation among all the stakeholders. The […]

Benefits and Compensations Package

Compensations and benefits are very crucial HR constituents in all types of organizations. Compensations and benefits relate to how a firm, with the help of its HR department, manages the personnel expenses budget and ensures transparency of compensation policies besides introducing competitive benefits for employees (Oliphant & Wagner, 2012). Purpose of Compensations and Benefits from […]

The People Behind Google

The company chosen for this research is Google. Nowadays, Google is a worldwide company which serves millions of people around the globe. It was founded in 1998. Its founders, Larry Page and Sergey Brin, where two university friends who had many ideas to realize. From a little search engine Google grew to become a powerful […]

Growth Case: Inditex and Zara

Expansion and growth are signs of improved performance for organizations. The manner in which a corporation manages its growth amid numerous challenges creates perception in the eyes of customers, which influences their relationship with the firm. Zara and Inditex have been an epitome of excellence performance, especially due to their aggressive growth strategy amid an […]

Organizational Change Initiatives

I am reviewing an article of organizational change initiative by General Electric. When John Flannery was selected as the CEO of the company’s subsidiary in India, he called for a big change in its organizational structure. Before that, like any other branch of multinational companies, GE India worked using a matrix structure. According to it, […]

Nike Case

As of May 31, 2013, Nike accrued $25.31 billion in revenue, had an approximate 48, 000 employees and sourced Nike products in 914 contracted factories, which hired over a million factory workers globally. When a company ventures into the global arena or receives public scrutiny for unfavorable practices in their value chain, comparisons to the […]

Apple Inc: Organizational Strategy, Corporate Culture and Human Resource Management

organizational strategy expresses the manner in which an organization needs to evolve with time in order to achieve its objectives and provide a detailed appraisal of what needs to be done. organizational culture implies the way people behave in an organization and the meaning they attach to a particular behaviour. It is a collective representation […]

Coca-Cola Reward Management System – Essay

All Reward Management Systems (RMS) deal with formulating and implementing policies and strategies that aim at rewarding employees equitably and fairly. This must be consistent with the values of both organization and individuals to ensure achievement of strategic goals. In a general context, RMS designs, implements and maintains a company’s reward system. In the end, […]

M&S and The UK Business Environment

The UK business environment is one of the most attractive, competitive and forward-looking places in Europe. One can say that the UK government fosters the development of business by means of encouraging private organizations such as M&S, for example. The World Bank ranking defines the UK as the place efficient for running a business. As […]

Southwest Airline Company – Common Assessment Accounting

The lean philosophy is a contemporary approach that many companies use to minimize their costs while increasing their revenues. The essay highlights the view that lean philosophy is aimed at reducing the wastage of valuable resources such as time and space within companies. Some of the key findings include the view that the lean philosophy […]

The Road Accidents and Logistics

Logistics covers the topic of goods delivery and various factors that may occur along with this process. The major issue is that road accidents are mainly likely to occur during the transportation process. Therefore, logistics and road accidents relate to each other. Logistics mainly looks at process such as planning, controlling and implementing the storage […]

Business Assets of Oxfam

The world is undergoing a revolution that has been brought forth by changing paradigms in technology and, therefore, in turn affecting the nature and mode of business transactions that are handled on a global scale. Due to these changes in everyday businesses operation, the economic sector of the globe has witnessed numerous changes from inflation […]

Daiso versus Wal-Mart

Wal-Mart, Inc. is the largest retail chain not only in the USA, but also in the whole world, which contains more than 10,000 stores worldwide. The format of the stores is hypermarkets and supermarkets where people can purchase both food and household goods as the company maintains a maximum range in its stores. Thanks to […]

The History of Walmart

The process of starting a business can be very challenging. Anyone who has an interest in business must consider a number of factors, which influence the growth and expansion of business. Walmart is an international retail organization that is based in America. It was founded in 1962 by Sam Walton as a family business. It […]

Financial Risk Management

Financial risk management involves the use of financial instruments to examine as well as manage a firm’s exposure to market and credit risks. Financial risk management is a very important practice with economic value for any firm. Financial risk management includes management of other factors such as a firm’s shape, volatility, liquidity, foreign exchange, inflation […]

The Consultancy Report of the Auto Producing Business

The first alternative is the purchase of a new auto producing business. The alternative automatically presupposes the introduction of a new unique brand, as well as exclusive production line. The second alternative is the possibility to take over such a prominent and profitable giant within the market of auto producing corporations as Mercedes Benz brand. […]

What are the Secrets of IKEA’s Success?

In some way, IKEA stores remind those of Wal-Mart. The company also appeals to low prices, its stores are located mainly in the suburbs, and the company crushes its competitors with its sales volumes. Society does not like Wal-Mart. Contrarily, people are much more lenient to IKEA. However, they always say that the furniture being […]

Strategic Review on Zara

Every organization or any other part of an organization has to make many important decisions occasionally (the decisions that actually affect the organization’s entire destiny for many years into the future). Such decisions are designed in such a way that they address the major and most important organizational issues. These decisions do not just dwell […]

International Business Management

Why ABB Bought Zamech and How the Company Can Link Zamech to its Overall Strategic Plan Strategic planning is one of the main actions the company takes while operating. Strategic planning depicts the main objectives of the company compared with the working process and including the relationships with all the members of the business. Specifically, […]

You Have To Be a Good Manager to Be an Effective Leader

A manager is a person who is in charge of tasks such as strategizing the work to be done by employees. The duties of a manager involve: organizing, directing, controlling and planning on behalf of the group. A manager has a group of staff who usually report to him/her. A good manager has to be […]

Final Business Model and Strategic Plan: C.H. Robinson Worldwide Inc.

C.H. Robinson Worldwide Inc. became a publicly-traded company in 1997. The company’s new marketing service division aims for offering marketing services based on the types of products transported or rendered into market sectors. The company has formed a separate business division as a means of cultivating a competitive market advantage. Starting on this division gives […]

McDonald’s Business Strategy Analysis

McDonald’s is a global corporation which is largely and widely recognized by many people around the world. It controls numerous fast food restaurants worldwide. Although its activities and operations are diversified around the globe, the corporation has its main headquarters located in the US. Initially, the company used to sell hamburgers to people in the […]

Encouraging Small Scale Business

The state is often under strain when it comes to joblessness. Whenever there is an opportunity that can offer solution to the case of unemployment, the government is advised to boost such initiatives, because it helps in unifying the community, since it empowers the society in the financial terms. Over the years, it has been […]

Southwest Airlines Strategies

This publicly traded company is based in Dallas. Southwest Airlines operates the passengers’ airlines and offers a scheduled transportation by air. The company operates 694 aircrafts, performing about 3,200 flights daily (Gittel, 2005). Additionally, Southwest Airlines closely cooperates with hotels, car rental agencies, restaurants, and retail locations for offering a wider range of services to […]

Web 2.0 Technologies

The Knowledge Management (KM) Business Problem Facing TPMT One of the key knowledge management (KM) business problem facing TPMT is the lack of an effective mechanism to manage excellent relationships with its customers, hence the inability to derive the most accurate information relating to their product demands. It is noted that most of the agents […]

Tommy Hilfiger Case Study Report

First of all, it should be noted that the main goal of each enterprise is making a profit from its activity and attraction of new clients; consequently, it tends to reach this goal. If a company reaches the intending aims on the domestic market, the highest management of the company takes a decision to entry […]

Price Elasticity of Red-Bull

This research is to determine the price elasticity of Red-Bull energy drink in Los Angeles. The demand elasticity of demand of a product determines the responsiveness of demand of the product with change in its price. Therefore, this research concentrates on predicting the elasticity extent of demand of red-bull energy drink. In determining the responsiveness […]

Change Management of Nike Company

In a world full of dynamism and change, many companies go through some form of organizational change. According to Jones (2010), organizational change is the process of facilitating alterations in strategies and policies of a firm in order to manage firm’s present and future goals and objectives to increase effectiveness of the company. Organizational change […]

Communication Strategy of Coca Cola

Communication is a crucial tool that both small and large corporations use to access resources they require for management (Belasen, 2008, p. 45). Without an effective and incorporated communication system, corporations fail to develop appropriate structures for their business communication strategies. Since business communication involves selectively communicating company’s objectives and views to stakeholders, who are […]

Google Inc.

Google is the only company that blurs the boundaries of management and establishes its own rules. One of the goals is to maintain its personnel with the best conditions to generate the product that will be helpful for future generations, Inc. organizational culture, its organizational structure, power and control that the company gives its personnel […]

Schneider Electric’s Future Financial Health

Operations of Schneider Electric can be traced from early 1800’s. The company has had operations in various industries including: ship building, steel and iron industries, as well as heavy machinery. However, Schneider Electric has been constantly scaling down its operations in other industries, so as to avail more funds towards investing in energy (electricity) provision. […]

Apple Company Communication with Customers

Communication is very vital on individual level as well as on the level of organization. Efficient communication enables people to solve different problems that can cause a major setback to the company (Lenz 1999). In addition, communication allows people to share their thoughts and feelings concerning their work, which allows incorporating different ideas together and […]

Business Finance Project: Phillip Morris (PM) and Lorillard Inc. (LO)

What Does these Businesses Have in Common These businesses operate the largest cigarette production across the globe. For instance, PMI boosts of producing about 7 of the worlds’ 15 international cigarette brands. The company is the sole producer and distributor of Marlboro: a leading cigarette brand across the globe. On the other hand, Lorillard Inc. […]

Strategic Management in General Electric

General Electric Company (GE) is a financial services and a diversified technology multinational conglomerate organization that is incorporated in the United States. It was founded in the year 1892 due to amalgamation of Thomson-Houston Electric Company and Edison General Electric Company. GE deals with technology, monetary, and media services. It is considered one of the […]

Amazon Ratio

The Amazon Company is one of those Fortune 500 electronic based commerce companies; its main office is in Seattle. Amazon was founded in 1994 by Jeff Benzos. The company deals with advertising and selling music CDs, books, software, video games, VHS tapes and DVD, clothing, furniture, toys and food items. Current Ratio The ratio is […]

FedEx Strategies

FedEx is the company that pushed the development in the small package express delivery industry by Fred Smith’s vision of the overnight delivery. In addition, this company made a difference between passengers and packages transportation by using different types of aircraft and another schedule. During the industry’s history in USA, business models have been changed, […]

Wal-Mart and Bharti

In 2006, Indian company Bharti Enterprises Ltd and American Wal-Mart created a joint venture and a partnership. Bharti owned the franchise of Wal-Mart and opened stores in India. It helped Wal-Mart to enter a highly regulated retail market of the country. The partnership was expected to modernize Indian retail market. At the same time, Wal-Mart […]

Verizon Communications, Inc

The fact that every single thriving organization plans its further performance on a regular basis cannot be ignored. The planning usually includes analysis and evaluation of company’s current capacities because they will be mobilized in a particular way, in order to achieve a desired goal. Many successful companies become exceedingly confident regarding their excellent performance, […]

History and Importance of Coca-Cola Trademark

One of the most widely recognized logos in the world is the Coca-Cola logo. This company has been able to build a soft drink empire with the vigorous protection of its intellectual property, achieving unimaginable success over the years. Being a universally recognized brand, Coca-Cola has been a part of the national and global culture […]

Airbnb: Online Travel Resource

Natural division of human interest in the information field into segments forms a plurality of virtual communities that connect people by their passions and needs. Groups of people, who may never have met in the real physical world, have a chance to receive information in these communities and, moreover, influence the behavior and decisions of […]

Starbucks Corporation

Mission, Vision, and Stakeholders Starbucks is one of those legendary companies, which have its own set of core competencies. Starbucks focuses on outstanding customer service, quality, continuous expansion of the coffeehouse chain, and continuous product improvement. Quality became an essential part of the company’s performance long ago. It finds itself in all processes within the […]

All American Group

This paper is about All American Group, a company that has ventured in prefabricated buildings. The company was founded in 1964 and is currently based in Indiana, USA (All American Group, 2015). All American Group is among the leading companies in the US that have ventured in off-site construction of homes. The company started as […]

RMCF International Franchising Activities into Singapore

Companies pursue international expansion for various reasons: to gain global market share, expand into new markets to take advantage of new customers, and enhance the cost-effectiveness of their operations. Companies operating in highly competitive markets or nearly saturated home markets may court international expansion to foster future growth. Rocky Mountain Chocolate Factory (RMCF) is a […]

The Strategic Approach to Employee Training and Development

The intense competition and constant emergence of new challenges force companies to apply the strategic approach to employee training. This brings benefits to both employees and employers. Strategic Nature of Employee Training and Development Employee training and development is the process within an organization that involves gaining or transferring knowledge, skills, and abilities required for […]

Tesla Cars in the UAE

The situational analysis performed is intended to provide a framework for Tesla Motors’ future strategy in surviving in the highly competitive UAE environment. Tesla Motors is an established car company majoring in the manufacture of electric cars and battery (Becker & Sidhu, 2009). Moreover, the company provides powertrain components to major car producers on a […]

Yahoo and Amazon: Building a Competitive Advantage

Describe, in brief, the histories of both of Amazon.com and Yahoo.com, and determine the core business of each. Amazon Inc. is an international e-commerce firm that was founded by Jeff Bezos in 1995 with its headquarters in Seattle, United States.Amazon Inc. is an international e-commerce firm that was founded by Jeff Bezos in 1995 with […]

Amazon Management Information System

The rapid development and dissemination of new information, as well as telecommunications technology today acquires the character of the global information revolution, which has a growing influence on politics, economics, management, finance, science, culture and other social spheres within national borders and in the world as a whole. One of the most important tasks of […]

Benefits of Electronic Communication Tools in Family Sized Firm

Electronic communication is a modern way to manage communication between employees in the family sized firms. It is used to transfer different types of data and information in a form of text messages, audio and video or imagery. In fact, it was revealed in the end of the 20th century and has a growing acceptance […]

Communication Skills in Negotiation

Negotiation involves reaching an agreement between two or more parties that have dissimilar goals and needs that require compromise. Ideally, the agreement should stand to benefit each of those parties. In negotiations, groups or parties resolve matters by holding formal discussions and reaching a mutually agreeable position. Negotiations assist stakeholders in settling their differences. Such […]

The Strategy of Microsoft

Microsoft is a multi-national corporation that has its headquarter in Washington, the U.S.A. The organization develops computer software. Since its inception in 1975, the company has registered a tremendous growth up to date. Microsoft’s strong base is attributed to the strong strategies the company has put in place. Today, Microsoft is the biggest software maker […]

ISO Implementation Company

ISO 9001:2008 quality management standards certification is recognized worldwide and is developed to offer basic conceptual as well as structural adjustments that will help achieve consistency with customers as well as the preferred product quality. The certification sets out the criteria for quality management systems, based on quality management principles which include strong customer focusing, […]

Chevron Corporation Business and Corporate Level Strategies

Chevron Corporation is a multinational corporation that engages itself with international business operations and activities in the global vast energy industry. Chevron Corporation is the American company, and it is headquartered in San Ramon, California. It is one of the biggest companies in the world, both in terms of revenue and market capitalization, since it […]

Proposal for China Southern Airlines in China

China Southern Airlines is a reputable air travel company that always tries to deliver the best for all stakeholders. It is worth appreciating that the company is one of the big three companies in China and the world’s sixth airline company measured by the number of passengers carried. Corporate social responsibility (CSR) has been improving […]

Hyundai Motors

The object of the research is Hyundai Motors Company. It was founded in 1967 and started its development in Seoul, Korea. The company follows a rapid pace of development and has already built new plants in Europe and USA. In fact, the company is an object of interest, as long as it remains in the […]

Sustainable Talent Management

Developing a sustainable business is the role of corporate leaders. Talent management for the future staff is significant to the success of organization. However, with a dynamic business environment, leaders face the challenge in leveraging the workforce to attain a sustainable and competitive advantage. As a result, organizations prioritize an environment for the talent management […]

Nestle and Communication

Organizational communication plays a significant role for a company’s management as it serves as a foundation for planning and a platform for the implementation of the future strategic changes. It serves as a way to promote motivation by sending to employees a clear message how tasks should be done and what improvements are needed for […]

The Organizational Structure of Apple Computers Incorporated

In the strategy to meet the objectives that an organization has set for itself, organizations need to find ways in which they will arrange and structure their functions. In coming up with the appropriate structures of organizations, these institutions look take into consideration such factors as their main functions and purposes. These organizations also consider […]

Procter & Gamble in the China Market

Procter & Gamble, abbreviated as P&G, is one of the popular international daily global consumer goods firms. P&G has witnessed rapid development in oversea and hometown marketing since its inception in 1937 (P& G, 2011). Since then, the company has expanded to at least 80 countries, and has employed at least 127000 people. P&G has […]

Leadership and its Affects on a Business

Businesses are set up with the intention of growing and continuing to exist and achieve their set goals. To accomplish that, the management needs to have the staff and objectives in mind. How management style contributes to the success or failure of a business is a sophisticated topic with several factors playing different roles (Anderson, […]

Credit Risk: Models, Derivatives, and Management

Credit risk refers to the allocation of financial losses that can occur based on unpredictable changes related to credit quality in terms of a financial agreement. The nature of credit loss distribution is sophisticated because the default probability resulting from failure to adhering to the financial agreement is presented. In order to evaluate the default […]

Trade Secret as Part of Intellectual Property

At the present stage of social development, information becomes a commodity, so its receipt, storage, transfer, and use obey the laws of commodity-money relations, and therefore success of any commercial activity depends on the competent handling of information flows. Every entrepreneur has the right to protect his or her interests and protect information valuable for […]

Company’s Name is NOKIA

Nokia is a leading mobile company that conducts its business globally. As any other prosperous company, Nokia provides its compensation services for either customers or employees. The basic principles of Nokia’s philosophy are to attract, motivate and retain the talented workers. In order to cooperate with experienced staff and get success in rapidly evolving and […]

ECCO Sko

ECCO has been under Karl Toosbuy’s management and guidance until he died in 2004. His values, spirits and objectives for the company have influenced its success today. He created a strong brand across Europe expanding its market and appreciation across the continent. The company’s growth has increased with demand for its brands growing across the […]

Organizational Structure of Amazon.com

Jeffrey Bezos, the head of Amazon.com, and a team of nine committed directors who form the top leadership level of the company help in running Amazon.com. This group of directors and the executive officers are involved in all decision-making processes ensuring that the company remains its positions in e-commerce. At the top leadership level, Amazon.com […]

McDonald’s Logistics

McDonald’s is a popular corporation famous for the supply of fast food products all over the world. The business has been very successful and enjoyed serving over 70 million customers with its products globally (McDonald, 2011). The success depends on the exceptional logistics organizations that sustain the supply chain. Because of its exemplary performance in […]

Holacracy in Zappos: Advantages and Disadvantages

In June of 1999 with $150,000 Nick Swinmurn founded an online powerhouse called Shoesite.com. His main idea was to make the site different and propose shoes in all sizes, colors and styles. Nick also wanted the customers all over the world to have an opportunity to buy these products. In July of the same year, […]

Trending News from Costco Wholesale Corporation

Highlighted below is information relating to the Costco wholesale corporation The corporation together with its subsidiaries operates membership warehouses in many countries including USA, UK, Puerto Rico, Mexico Australia, Taiwan Korea and Japan. The corporation purchases almost all of its merchandise from the manufacturers and later transports them to their depot or to the warehouse. […]

Risk Management

In every successful business, the investors must lay down the rules and the objectives of the business. Some important factors like security policies and security countermeasures must be taken into consideration. In every business, there appears to be some risk, the major point to consider as to whether the business survives or perishes appear to […]

Organizational Design and Culture at the Aldi Stores

Introduction Organizational design can be defined as the way an organization is structured to run. It involves the distribution of power, decision making capabilities and even specified roles and responsibilities within the organization. The culture of an organization, on the other hand, constitutes the existing organizational behavior including issues like employee empowerment, motivation, satisfaction and […]

Organizational Change

Question 1: Interbrand as an Innovative Company Interbrand organization has realized that it must adapt to the vast changing world and consumer tastes and preferences for it to remain competitive in the market (Collins, 2001). The organization has managed to remain competitive due to the fact that providing quality services remains its key priority. Consequently, […]

Aspects of Business Communication

Communication is essential for any business be it to clients, to senior employees, to junior employees, or to the public at large. Being able to communicate effectively is one of the steps to the company’s success. One can be very good in giving services to clients, but the inability to communicate well can limit his […]