...used his engineering background to set up one of the leading telecommunications companies in the world today. The company was initially set up as a distributor of phone switched before emerging as a comprehensive telecommunication equipment provider supplying network equipment, broadband devices, handsets and convergence devices. Mr. Zen Ren’s training in engineering and the army experience were key in his designing winning strategy that was unique i.e. design original indigenous technology instead of entering into joint venture with established players to the perceived risk of obtaining old or inferior technology and handing advantage to the joint venture partners . The joint venture mechanism was a common approach of most companies at the time desiring to quickly obtain new technologies and establish new production facilities. However, from his analysis this never gave an entrepreneur a chance to grow outside the wings of the partner and in most cases the joint venture partners preferred to bring in old inferior technology to avoid giving the start up a competitive advantage. The most important success factor for the company was the decision to develop complex endogenous technology. The company undertook the following steps to develop world class complex telecommunication technologies and come...
Words: 2251 - Pages: 10
...Riordan Manufacturing Outsourcing Plan Introduction Riordan Manufacturing (RM) is an established global plastics producer, which employees 550 individuals and their projected annual earnings are $46 million. RM has production divided among three plants. RM’s mission is to focus on achieving and maintaining profit that ensures that the financial and human capital is available to sustain growth. In week three, team C established four potential outsourcing options. Of those four potentials, RM stands to gain the most potential from outsourcing customer relationship management (CRM). This could cover service, sales, and marketing. Services that will be provided include the call center support, field support management, e-Service, campaign management, sales forecasting, account management, and pipeline management. Outsourcing will assist with new government required reporting requirements. CRM will assist RM for future outsourcing projects such as switching over to compatible systems for finance and accounting. Situation Analysis RM is recognized for their innovation and providing customers with new products. An outsourcing plan pertaining to CRM has been established below. The success of the project will be measured by the performance measures; customer satisfaction, marketing, and employee retention. Outsourcing Plan Based on research by RM they have created a cost-effective recognition program that is aimed at motivating employees, increasing retention, and increase...
Words: 2424 - Pages: 10
...strategy. Secondly, Huawei’s human resources own total 24,000 employee’s majority of staff have high education level such as bachelors, master or Phd. Furthermore, the overall standard of the staff training is higher because all new employees were put through intensive military-style training for few months. In addition, it affects the intangibles resources such as the morale and business culture. The morale is high because military-style focus on team-success rather than individuals, the business culture of Huawei’s was aggressive on marketing and highly sensitive of global trend. Thirdly, Huawei’s physical resources included production facilities, six research laboratories in china, Russia, India and Sweden, it headquarters technologies house was 1.8...
Words: 2538 - Pages: 11
...Riordan Manufacturing Outsourcing Plan Introduction Riordan Manufacturing (RM) is an established global plastics producer, which employees 550 individuals and their projected annual earnings are $46 million. RM has production divided among three plants. RM’s mission is to focus on achieving and maintaining profit that ensures that the financial and human capital is available to sustain growth. In week three, team C established four potential outsourcing options. Of those four potentials, RM stands to gain the most potential from outsourcing customer relationship management (CRM). This could cover service, sales, and marketing. Services that will be provided include the call center support, field support management, e-Service, campaign management, sales forecasting, account management, and pipeline management. Outsourcing will assist with new government required reporting requirements. CRM will assist RM for future outsourcing projects such as switching over to compatible systems for finance and accounting. Situation Analysis RM is recognized for their innovation and providing customers with new products. An outsourcing plan pertaining to CRM has been established below. The success of the project will be measured by the performance measures; customer satisfaction, marketing, and employee retention. Outsourcing Plan Based on research by RM they have created a cost-effective recognition program that is aimed at motivating employees, increasing retention, and increase...
Words: 2424 - Pages: 10
...Riordan Manufacturing Outsourcing Plan Introduction Riordan Manufacturing (RM) is an established global plastics producer, which employees 550 individuals and their projected annual earnings are $46 million. RM has production divided among three plants. RM’s mission is to focus on achieving and maintaining profit that ensures that the financial and human capital is available to sustain growth. In week three, team C established four potential outsourcing options. Of those four potentials, RM stands to gain the most potential from outsourcing customer relationship management (CRM). This could cover service, sales, and marketing. Services that will be provided include the call center support, field support management, e-Service, campaign management, sales forecasting, account management, and pipeline management. Outsourcing will assist with new government required reporting requirements. CRM will assist RM for future outsourcing projects such as switching over to compatible systems for finance and accounting. Situation Analysis RM is recognized for their innovation and providing customers with new products. An outsourcing plan pertaining to CRM has been established below. The success of the project will be measured by the performance measures; customer satisfaction, marketing, and employee retention. Outsourcing Plan Based on research by RM they have created a cost-effective recognition program that is aimed at motivating employees, increasing retention, and increase...
Words: 2424 - Pages: 10
...case consists of two major pharmaceutical companies that joint to collaborate their research and pharmaceutical technologies to start a joint venture in India. Both have valuable resources that have benefited both companies during the joint venture. Now both are questioning if there is still any value in maintaining the joint venture in India and will be deciding what will be the best route to take. Ranbaxy Laboratories wants to be bought out, but Eli Lilly is worried of the financial implications of such move. There were two pharmaceutical companies that were looking for ways to expand globally to position themselves in a competitive advantage from their competitors. One was located in the United States, which was Eli Lilly and Company and the other one was located in India, which was Ranbaxy Laboratories. Research and development was crucial to Lilly’s long-term success. Ranbaxy Laboratories was a firm that was evolved into a serious research-oriented firm. With the change, in the government, India was attracting foreign investors in the pharmaceutical industry. Lilly decided to form the joint venture in India to focus on marketing Lilly’s drugs there, and a formal JV agreement was signed in November 1992. The main key issues of this case are as follow. The pharmaceutical industry had come about through both forward integration from the manufacture of organic chemicals and a backward integration from druggist-supply houses. The industry’s rapid growth was aided by increasing worldwide...
Words: 1152 - Pages: 5
...herbal product in daily usage will enable them to capture wider markets especially the younger markets between 18 – 24 years old. These demographic are big and always on trend / or to be called the trend followers, with bigger promotional activities these market segment can be concurred and will be a long term customers due to the product knowledge that they had. In term of product Himalaya have about 200 product range that been offered and in Malaysia about 100 only due to the strict requirement of local authorities in safe guarding the local players and pharmaceutical restriction. Here Himalaya can work with local players to be part of Himalaya and produce the product with Malaysia resources. R&D plays a major role in getting a scientific write out for the certification and approval from the government board. Malaysia with its nature of tropical rainforest the herbs are available and can be grown too. Himalaya can get the local players to produce for them with the same standard of Himalaya product produce at India. Here it will help the product pricing due to the localisation, shorter time to shelf and can reach faster to the market. This will also increase the...
Words: 1373 - Pages: 6
...Automobile Industry of India A Nations economy is well known from its transport system. For instant and rapid growth in economy, a well-developed and well-networked transportation system is essential. As India's transport network is developing at a fast pace, Indian Automobile Industry is growing too. Also, the Automobile industry has strong backward and forward linkages and hence provides employment to a large section of the population. Thus the role of Automobile Industry is very essential in Indian economy. Various types of vehicles are manufactured by the Automobile Industry. Indian Automobile Industry includes the manufacturing of trucks, buses, passenger cars, defense vehicles, two-wheelers, etc. The industry can be broadly segmented into the Car manufacturing, two-wheeler manufacturing and heavy vehicle manufacturing units. The major Car manufacturer are Hindustan Motors, Maruti Udyog, Fiat India Private Ltd., Ford India Ltd ., General Motors India Pvt. Ltd., Honda Siel Cars India Ltd. Hyundai Motors India Ltd., Skoda India Private Ltd., Toyota Kirloskar Motor Ltd. The two-wheeler manufacturing is dominated by companies like TVS, Honda Motorcycle & Scooter India (Pvt.) Ltd., Hero Honda, Yamaha, Bajaj, etc. The heavy motors like buses, trucks, defense vehicles, auto rickshaws and other multi-utility vehicles are manufactured by Tata-Telco, Ashok Leyland, Eicher Motors, Bajaj, Mahindra and Mahindra, etc. The Indian Automobile Market growth is expected to grow...
Words: 1746 - Pages: 7
...contained herein is not exhaustive of the company's marketing and business activities but merely provides a basic overview of its current marketing standpoint, business challenges and possible remedies to its position based on information available on the public domain. Marketing is an organization function and a set of processes for creating, communicating and delivering value to customers and for managing customer relationship in ways that benefit the organization and its stakeholders (Kotler et al.,2007). Marketing is a holistic process encompassing prior and after the act of selling applicable to any organization, large or small, for-profit or non-profit, domestic or global. Marketing itself is an evolutionary process starting off from consumer goods marketing all the way to electronic marketing of current times. Marketing professionals have also capitalized on viral marketing in recent times. This marketing report analyses the marketing approach and challenges of Perusahaan Otomobil Nasional Kedua (PERODUA), Malaysia second national car manufacturer. The report explores and benchmarks the company marketing activities against the... Proton Vs Perodua Case Study # ROTON: THE CASE STUDY New Ventures Innovation Research & Development Capitalizing on Human Asset OR ANOTHER RE-STRUCTURING??? # IR: THE CASE STUDY PERODUA...
Words: 2122 - Pages: 9
...S w W11594 FROM IN-HOUSE TO JOINT R&D: THE WAY FORWARD FOR NOKIA DENMARK PhD student Marcus Møller Larsen and Professor Torben Pedersen wrote this case solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. Richard Ivey School of Business Foundation prohibits any form of reproduction, storage or transmission without its written permission. Reproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Richard Ivey School of Business Foundation, The University of Western Ontario, London, Ontario, Canada, N6A 3K7; phone (519) 661-3208; fax (519) 661-3882; e-mail cases@ivey.uwo.ca. Copyright © 2011, Richard Ivey School of Business Foundation Version: 2011-12-20 INTRODUCTION For the management of Nokia Denmark, the question of defining the future strategic directions for its product development activities was a vital issue that boiled down to some key concerns. Nokia Denmark was a subsidiary of the world’s largest telephone manufacturer, the Nokia Corporation, and was one of the largest of Nokia’s many product development units dispersed all around the world. The Danish site developed somewhere between six and 10 mobile phones per year...
Words: 6777 - Pages: 28
...Advantages and Disadvantages of Living in a Joint Family In: Social Issues Advantages and Disadvantages of Living in a Joint Family Advantages and disadvantages of living in a joint family A joint family was a phenomena found only in India of the bygone days. This really meant that, the parents with all their children and grandchildren stayed together under one single roof. This system could prevail for decades for several reasons. First and foremost, all the children stayed in the same town as, no one went out of the town to another distant town in search of a job. This made it possible for all children to remain in town, and that also in the same house. Secondly, and more importantly, the sons and daughters-in-law were all treated as one family. * you get complete support of family members when ever needed, your children will not left out alone at home when you go for a job, you can share your joys and sorrows with them. * the only drawback of joint family is that you don't get that much freedom and privacy as you can get in nuclear family. you cant hide anything as u r in joint family ..what ever u want to keep secret....everyone can find that..so no privacy. (D) * Another benefit, we don't have to ask for help from others if all family members are living together. Each and every person will share their opinions and take a good decision. * no independent decision making.... * One may enjoy a joint family if there is a good thinking among the members of the family...
Words: 374 - Pages: 2
...Global Strategy Session 5 - Nora Sakari This case is about Nora, one of the leading suppliers of telecom solutions in Malaysia. The case involves a possible joint venture with Sakari, the leading manufacturer in Finland of mobile phones and telecom systems. There is a large potential in the future development of telecom facilities in Malaysia and the two enterprises have discussed a joint venture. Nora is a leading supplier of telecommunication services in Malaysia. They are looking for a Joint Venture to manufacture and commission digital switching exchanges to meet the needs of the telecomm industry in Malaysia. They are interested in securing a share of RM 2 Billion contract from TMB with the help of the Joint Venture. Sakari’s current strategy was to emphasize global operations in production and R&D. It planned to set up R&D centers in leading markets including South-East Asia. However it did not have a wide marketing operation and relied on Joint ventures for the same. With the stage set, we now turn to analyzing the negotiations that Sakari and Nora held and why these two companies could not find common ground to form a joint venture. Below are the SWOTS for each company as the venture is being pursued: NORA Internal •Strengths •Access to the Malaysian and Asian markets •Global contacts and relationships have already been established. Weaknesses Due to late entry in market, competition is very stiff •No definitive time line in contract with TMB. External ...
Words: 3029 - Pages: 13
...Chapter 5 - The Science and Technology Systems of Viet Nam In Viet Nam, an estimated 30 000 people are involved in various forms of R&D, including librarians, technicians, and other support staff; more than 22 000 of these people are employed in the national centres for R&D and by ministries and government agencies (all these figures are total numbers of staff, not full-time equivalents.) The rest are working mainly in the universities and other institutions of tertiary education that perform research. Only a small fraction of the country's R&D scientists and engineers are working in industrial enterprises. The general institutional setup in Viet Nam for R&D can be divided into three main components: • Laboratories and other R&D units within the government ministries or under the control of government agencies — About 180 such R&D units exist, located in various parts of the country, although most are in the two metropolitan areas. In western industrial countries, many of these highly specialized R&D units would be located in industrial business enterprises. In Viet Nam, however, industrial firms rarely build their own facilities for experimental development. In the planned economy of Viet Nam of yesterday, the principle was that government took the responsibility for technical change and industrial modernization, and industry manufactured. Among the exceptions to this rule is the state-owned Vietnam Petroleum Company, which runs four of its own laboratories. • Some...
Words: 8627 - Pages: 35
...------------------------------------------------- Recent History * ------------------------------------------------- 2006 13.386 New 2006 c 253 s 1 * ------------------------------------------------- 2013 Subd. 3 Amended 2013 c 82 s 3 * ------------------------------------------------- 2012 Subd. 4 New 2012 c 292 art 4 s 1 13.386 TREATMENT OF GENETIC INFORMATION HELD BY GOVERNMENT ENTITIES AND OTHER PERSONS. § Subdivision 1.Definition. (a) "Genetic information" means information about an identifiable individual derived from the presence, absence, alteration, or mutation of a gene, or the presence or absence of a specific DNA or RNA marker, which has been obtained from an analysis of: (1) the individual's biological information or specimen; or (2) the biological information or specimen of a person to whom the individual is related. (b) "Genetic information" also means medical or biological information collected from an individual about a particular genetic condition that is or might be used to provide medical care to that individual or the individual's family members. § Subd. 2.Private...
Words: 4598 - Pages: 19
...Part 1: Chart House vs Senate | | | | | | HOUSE | SENATE | 1 | Size | 453 | 100 | 2 | Length of term | 2 years | 6 yrs | 3 | Term limits? | No limit | No limit | 4 | Election schedule: how often | | | 5 | Apportionment of representatives: which is by state and which is by district | District | State | 6 | Minimum age | 25 | 30 | 7 | Minimum citizenship | 7 years | 9 years | 8 | Inhabitant of state represented (for how long) | 7 years | 9 years | 9 | Filling vacancy (death, resignation, retirement, expulsion or election to another government position) | Special/general election | Governor or state of vacancy | 10 | Official Leader | Speaker of the house | Vice president | 11 | Describe organization: which is more centralized, more formal | Formal, more rules | Informal, less rules | 12 | Which has stronger leadership? | No | yes | 13 | Interrelations with constituency- how many do they represent | 710,767 people | Half the state | 14 | Greater expertise/specialization | Experts | | 15 | Name the four types of committees in each chamber (they are the same) | Standing: continue from 1 congress to the nextJoint: members of both chambers conduct investigations/special studies.Conference: members of both chambers work out differences on bills.Special: members from 1 chamber conducts special investigations | same | 16 | Who has more committee/subcommittee assignments | Less | More | 17 | Which chamber has...
Words: 1603 - Pages: 7
