...Guaranty Trust Bank PLC Background Guaranty Trust Bank is one of the few successful new generation banks in Nigeria. Its operations, which began in 1991 has flourished and resulted in many branches scattered all around Nigeria main cities. Guaranty Trust Bank has gained acceptance by the Nigerian public and it is considered one of the most respected and service focused banks in Nigeria. In 1996, it became publicly quoted. It has since won many accolades as a public company. The Bank has also been granted a Universal banking license and is also one of Central Bank of Nigeria’s appointed settlement banks. GT Bank has also undergone some rebranding exercises aimed at aggressive expansion and unique identity creation. It has gone from being a local bank to being one of the few Nigerian companies to be listed on the London Stock Exchange. GTBank’s Marketing Practices At the onset, GTBank, as it is fondly called, imbibed the product selling marketing concept. It rarely advertised its products to the public. It solely relied on the good product seeking customers to recognize its superior products and willingly become one of its customers. This put the bank in an ‘elite’ group of banks and it was not viewed as a peoples’ bank then, like some of its counterparts like STB, Savannah bank, National Bank etc, back then. This Product selling philosophy, whereby the producer believes that the quality of its products will attract the needed customers and thereby create the needed sales...
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...5.3 Signalling value 30 5.4 When does a differentiation strategy work best? 30 5.5 When a differentiation strategy does work best. 31 5.6 Pitfalls of Differentiation Strategies. 32 6.Future Direction 33 6.1 Drive Thru 33 6.2 Advertising 34 6.3 Early Bird 35 6.4 Expansion to Other Countries 35 7. Conclusion 37 References 38 Executive Summary Throughout this report we will go into detail on the company of Eddie Rockets. We look at how the company is run. The first aspect of the company we will look is the history of Eddie Rockets and how it was founded. Within this section we will also look at the services and products that Eddie Rockets provides. We will go into detail about the services, by talking about Eddie Rockets on wheels and Eddie Rockets shakes business which they have expanded too. In the second section we will speak about the mission, values and vision the company has, in which the company the Eddie Rockets have stated. Their mission, values and vision are important to the company as they wish to accomplish what they have stated. We will then talk about the external environment. This is vital section within the business. We will look at P.E.S.T.E.L and the five forces. Within P.E.S.T.E.L there are six different aspects which are political, economic, sociocultural, technology, environment and law. Each of these...
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...The tipping point for talent management Human Capital Institute | www.humancapitalinstitute.orgNo Comments In Malcolm Gladwell’s book, an innovation or change can suddenly appear through small, almost incremental steps, none of which by itself is especially noteworthy. But the combination of these seemingly minor events can cause organizations to be shaken, countries to be impacted and people to break out of established behavioral patterns. What could not be accomplished in one grand wave of the baton is, in fact, being accomplished by different pieces of the puzzle coming together at just the right time. We are in the midst of such a sea change in the field of talent management. This new approach to managing companies and people has not yet become a clearly articulated science. There is still too much to understand and learn about the shifts occurring before us. But there is an emerging set of practices – especially as evidenced by industry-leading companies – that are moving talent management to its tipping point The changing business context The current economic environment sets the foundation for the reason that talent management practices have arisen in the first place. Bossidy and Charan (2004) have identified five different economic stages that have existed during the past century. Others have talked more generally about the movement from agrarian to industrial to the knowledge economy. Pink (2005) describes the next step as moving from the knowledge age to the conceptual...
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...abandonment of everything it does.’ Peter Drucker Are you angry at your boss? Be boss less... I have always loved my bosses, but most of the time we all have some or other kind of problems with our bosses. Imagine work environments where there are no bosses and no titles, where employees decide among themselves which projects to pursue and which people to hire and fire, and where each employee is responsible for deciding his or her own salary, raises and vacation days. Sounds different and quiet awkward but this is the recent talk of town of an innovation in HR. The boss less vision is being discussed on both theoretical and practical terms. Some see it as the democracy of the office place. E.g.: Valve Corp, a videogame maker in Washington State, has been boss free since 1996. It also has no managers and no official project assignments. How do the 300 employees coordinate their work? They self manage: they recruit each other for worthwhile projects, and they roll their desks around (all are on wheels) to reconfigure their work teams as they wish. Salaries and raises are set by committees of your peers. At Valve, with each project one person tends to emerge as the de facto leader, but they’re not assigned from on higher authorities. And then there are some companies who gave employee partially boss free environment. For e.g.: At Gore, they tell employees that ten percent of every week is their own creativity time, to manage as they wish. Any company...
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...November 06, 2006 case 1-428-604 Hindustan Lever at the Base of the Pyramid: Growth for the 21st Century About Hindustan Lever Limited Hindustan Lever Limited began operating in India in 1888 with the distribution of its “Made in England” Sunlight detergent. In 1931, when India was still a British colony, Hindustan Vanaspati Limited was formed Published by GlobaLens, a division of the William Davidson Institute at the University of Michigan. Research Assistant Maulin Vakil and Professor Ted London of the University of Michigan developed this case. They thank Vijay Sharma and Rohithari Rajan of Hindustan Lever for their assistance.© 2008, Ted London. Unauthorized reproduction and distribution is an infringement of copyright. Please contact us for permissions: Permissions@GlobaLens.com or 734-615-9553. DO In fact, since 1999 revenues at HLL had remained nearly constant, an outcome stockholders had not welcomed. With this lack of growth, increasing attention was directed to the company’s Millennium Plan an ambitious blueprint outlining the company’s growth strategies for the 21st century. The Millennium Plan was a part of the company’s renewed emphasis on business focus and operational efficiencies. Additionally, a core aspect of the Plan was to identify and nurture businesses of the future. Over 150 new businesses were proposed before the list was narrowed down to nine. These included a foray into drinking water, a plan for network-based marketing (along the...
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...Rural demand for, and consumption of, consumer products is set to explode. The challenge for most companies is to be able to offer appropriate products in an affordable way in relatively remote locations. It is our view that India will soon see an inflexion point in rural consumption.1 Mr. K.B. Dadiseth, Hindustan Lever Limited Chairman On August 30, 2004, Hindustan Lever Limited’s (HLL) share price on the Bombay Stock Exchange touched Rs.100.5 (US$ 2.28) - a new low for one of the largest Indian companies by market value (see Exhibit 1). In its Q2 2004 results, HLL’s bottom line had fallen by 43% due to price pressures in its mainstay detergents business. Procter & Gamble, its long-time nemesis, had unveiled a series of price cuts on its leading detergent brands, Ariel and Tide, forcing HLL to respond. As a consequence, operating profit margins, which had peaked in 2002 at 19.6%, declined to 14%.2 Furthermore, although the mergers, restructuring, and operating changes that HLL underwent in the 1990s had helped profits grow through 2003, the company’s top-line growth had remained more or less stagnant over the past few years, causing some analysts to re-align their portfolios. In fact, since 1999 revenues at HLL had remained nearly constant, an outcome stockholders had not welcomed. With this lack of growth, increasing attention was directed to the company’s Millennium Plan - an ambitious blueprint outlining the company’s growth strategies for the 21st century....
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...THE WILLIAM DAVIDSON INSTITUTE 06 November 2006 case 1-428-604 Rural demand for, and consumption of, consumer products is set to explode. The challenge for most companies is to be able to offer appropriate products in an affordable way in relatively remote locations. It is our view that India will soon see an inflexion point in rural consumption.1 Mr. K.B. Dadiseth, Hindustan Lever Limited Chairman About Hindustan Lever Limited Hindustan Lever Limited began operating in India in 1888 with the distribution of its “Made in England” Sunlight detergent. In 1931, when India was still a British colony, Hindustan Vanaspati Limited was formed as a 100% subsidiary of Unilever in India. It primarily sold soaps, detergents, and other household products to a select group of affluent consumers, such as British government employees and the Indian elite. In Research Assistant Maulin Vakil and Professor Ted London of the University of Michigan developed this case. They thank Vijay Sharma and Rohithari Rajan of Hindustan Lever for their assistance.© 2008, Ted London. DO In fact, since 1999 revenues at HLL had remained nearly constant, an outcome stockholders had not welcomed. With this lack of growth, increasing attention was directed to the company’s Millennium Plan an ambitious blueprint outlining the company’s growth strategies for the 21st century. The Millennium Plan was a part of the company’s renewed emphasis on business focus and operational efficiencies. Additionally...
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...000 The Hinduja Group is a multi-billion dollar, transnational conglomerate. The Group was founded by Shri P.D. Hinduja in 1914 whose credo was "My duty is to work so that I can give". Merchant Banking and Trade were the twin pillars of the business and the Group remained headquartered in Iran, until 1979 when it moved to Europe. The Group's activities span across three core areas: Investment Banking, International Trading and Global Investments. It also supports charitable and philanthropic activities across the world through the Hinduja Foundation. As part of its Global investments, the Group owns businesses in Automotive, Information Technology, Media, Entertainment & Communications, Banking & Finance Services, Infrastructure Project Development, Oil and Gas, Power, Real Estate, Trading and Healthcare. With operations across 37 countries, the Group employs over 72,000 people worldwide. Business Philosophy and Values * Firm believers in traditional family values, the Hindujas have all along striven to inculcate the family concept in their business enterprises. Every member of the Group is encouraged to practice the Vedic principles of work: 'Service with devotion' and 'willingness to see fulfilment of one's self-interest in the active promotion of the interest of the collective'. * Mutual trust, respect, cohesion and co-operation are emphasized as key organizational guidelines. At the same time, sound modern management practices are given primacy within individual...
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...DIVINATION SYSTEMS Written by Nicole Yalsovac Additional sections contributed by Sean Michael Smith and Christine Breese, D.D. Ph.D. Introduction Nichole Yalsovac Prophetic revelation, or Divination, dates back to the earliest known times of human existence. The oldest of all Chinese texts, the I Ching, is a divination system older than recorded history. James Legge says in his translation of I Ching: Book Of Changes (1996), “The desire to seek answers and to predict the future is as old as civilization itself.” Mankind has always had a desire to know what the future holds. Evidence shows that methods of divination, also known as fortune telling, were used by the ancient Egyptians, Chinese, Babylonians and the Sumerians (who resided in what is now Iraq) as early as six‐thousand years ago. Divination was originally a device of royalty and has often been an essential part of religion and medicine. Significant leaders and royalty often employed priests, doctors, soothsayers and astrologers as advisers and consultants on what the future held. Every civilization has held a belief in at least some type of divination. The point of divination in the ancient world was to ascertain the will of the gods. In fact, divination is so called because it is assumed to be a gift of the divine, a gift from the gods. This gift of obtaining knowledge of the unknown uses a wide range of tools and an enormous variety of ...
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...knowledge, like an expert (Wikepedia). There are expert systems that can diagnose human illnesses, make financial forecasts, and schedule routes for delivery vehicles. Some expert systems are designed to take the place of human experts, while others are designed to aid them. The first ESs was the Logic Theorist developed in 1956 .In 1970s, with the introduction of two AI languages ,LISP and Prolog ,ESs were brought out of the lab in to the businesses. In the 1980s, expert systems proliferated as they were recognized as a practical tool for solving real-world problems. Universities offered expert system courses and two thirds of the Fortune 1000 companies applied the technology in daily business activities. [Durkin, J. Expert Systems: Catalog of Applications. Intelligent Computer Systems, Inc., Akron, OH, 1993.). To avoid re-inventing the wheel, expert system shells were created that had more specialized features for building large expert systems. ESs are ideal for domains that are well defined, in which there is a large corpus of human expertise and knowledge, yet the knowledge is mainly heuristic and uncertain. Although expert systems do not necessarily perform in the same manner that human experts will perform, they are built on the premise that they are somehow mimicking or modeling the decision-making and problem-solving skills of human experts. An important feature of expert systems, which sets them apart from typical programs, is that they will usually include an explain...
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...UNIVERSITY OF MUMBAI PROJECT REPORT ON MARKETING STRATEGIES & PLANS OF TOYOTA MOTORS BY MR. JITEN H MENGHANI ROLL NO 32 M.COM. (PART-1) ACADEMIC YEAR 2013-2014 PROJECT GUIDE PROF. MRS N.A. NERURKAR PARLE TILAK VIDYALAYA ASSOCIATION’S M.L.DAHANUKAR COLLEGE OF COMMERCE DIXIT ROAD, VILE PARLE (EAST) MUMBAI-400 057 DECLARATION I, MR. JITEN H MENGHANI OF PARLE TILAK VIDYALAYA ASSOCIATION’S, M.L.DAHANUKAR COLLEGE OF COMMERCE of M.COM (PART-1) (Semester-2) hereby Declare that I have completed this project on MARKETING STRATEGIES & PLANS OF TOYOTA MOTORS in The Academic year 2013-2014. The information Submitted is true & original to the best of knowledge. ----------------------- (Signature of student) JITEN.H.MENGHANI ACKNOWLEGEMENT To list who all have helped me is difficult because they are so numerous and the depth is so enormous. I would like to acknowledge the following as being idealistic channels and fresh dimensions in the completion of this project I take this opportunity to thank the University of Mumbai for giving me chance to do this project. I would like thank my Principal, Dr. Madhavi.S.Pethe for providing the necessary facilities required for completion of this project. I would also like to express my sincere gratitude towards my project guide PROF. MRS N.A. NERURKAR whose guidance and care made the project successful. I would...
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...& ADMINISTRATION PROJECT REPORT On A FRAMEWORK OF “SUPPLY CHAIN MANAGEMENT” Submitted for the Partial fulfillment towards the award of the degree in MASTER OF BUSINESS ADMINISTRATION Submitted By Under the Guidance of SHARATH HS Roll Number: Session – 2013-14 PREFACE This report has been written in response to a comprehensive study, conducted on the “SUPPLY CHAIN MANAGEMENT” of “HINDALCO INDUSTRIES LIMITED”. The report mentions and evaluates the various aspects, pertaining to the distribution channel of the company. ACKNOWLEDGEMENT At the onset I must bow down in reverence to the almighty that blessed us with the understanding & prevalence that is needed in this kind of project report. With great pleasure I express my heartiest thanks to Dr. Diwakar Shetty without whose unrelated support and guidance, this project would just not have been possible. I am very thankful for his invaluable guidance, support, and affable & friendly nature. He/She guided me at each and every stage of project. I am equally indebted to my friends who always inspired and motivated me to do something better through out this project. At last I would like...
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...Henry Ford grew up on a small farm near Dearborn, Michigan. As Henry grew up, he spent most of his free time tinkering, and finding out exactly how things work. A pastime that developed thinking and logic abilities. But being a farmer's boy, he had little spare time, for there were always chores to be done. By twelve years of age, Henry was doing a man's work on the farm and had begun repairing machinery for neighbouring farmers. His father pleased when Henry would repair a harness, reset a tool handle, or make some hinges for furniture but he was not pleased however, when his son repaired things for neighbours, as he often did, without charging them a cent. It was one day when Henry saw a steam engine powering a farming machine that he dreamed that one day he would build a smaller engine that would power a vehicle and do the job that horse's once did. Shortly after Henry turned thirteen, his mother died. Henry became very discontent with living on the farm but he stayed for another three years. When he was sixteen he finished his studies at the district school. Against his father's will, Henry moved to Detroit, ten miles away. In Detroit, Henry worked eleven hours a day at James Flower & Brothers' Machine Shop for only $2.50 a week. As this was not enough to pay for board and room, Henry got an evening job at Magill's Jewelry Shop for $2 each week, at first only cleaning and winding the shop's large stock of clocks. Soon though, he was repairing them also. After three...
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...Salesforce GoldMine Microsoft Dynamics CRM Salesforce: Salesforce.com Inc. is a global cloud computing company headquartered in San Francisco, California. It is currently ranked the most innovative company in America by Forbes, as well as number 7 in Fortune magazine's “100 Best Companies to Work For” in 2014. The company was founded in 1999 by former Oracle executive Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez as a company specializing in software as a service (SaaS). Force.com Salesforce.com's platform as a service (PaaS) product is known as Force.com. The Force.com platform allows external developers to create add-on applications that integrate into the main salesforce.com application and are hosted on salesforce.com's infrastructure.These applications are built using Apex (a Java-like programming language) and Visualforce (an XML-like syntax for building user interfaces in HTML). Apex programming includes classes and triggers, in which Objects play an important role . Lets have a look what an Object really mean in general terminology and in Salesforce terminology Object The real-world objects, which we can look around have state and behaviour. For example, a Bike has state(wheels, gear, handle) and behaviour(accelerating,...
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...Daniela Castro 12 October 2011 Literature: A Mirror of Life Phase 2 Individual Project Professor J. Szymanski Time & Place: Maycomb, Alabama during To Kill A Mockingbird is during the Great Depression and is an old town. Everything seemed to be routine as described in the book. People moved slow and took their time doing everything, so much that the day seemed longer than 24 hours. Racism occurred Blacks and Whites stuck within their race but Atticus was different. He was a lawyer that represented a black man accused of rape of a white woman. In small town everyone knows everybody and their business so it’s hard to be private. Either you fit in or you’re out. Kind of like the groups and cliques we have in society today. Themes: The Coexistence of Good and Evil The most important theme is how the book’s explores of the moral nature of human beings. The question is whether people are essentially good or essentially evil. In the beginning novel shows the innocent of the children they think that people are good because they haven’t experienced any evil. The older they become the more their eyes open to how evil people around them can be a lot of them resulting from their father’s choice to represent Tom Robinson. From an adult perspective most of them have experienced evil and incorporates it into their understanding of the world. As Scout and Jem gets older the transition from innocence to experiencing what people and the world are really...
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