...Introduction This paper will show how external and internal issues affect the managemet functions of the Enron Corporation. Enron’s business strategy was to control all of the enery supplies without owning all the power plants. as a substitute, Enron would use contracts to have power over the services in which other companies had invested their hard earned money. The paper will describe how the management functions which consist of controlling, leading, organzing and planning are utilizrd by Enron. Enron Corporation is the world leading electricity, natural gas, pulp and paper and communication company. Stakeholders and employees lost large sums of money in the Ernon scandel. The top exectives were able to cash out before the scandel was publizeised. Enron became known as the Enron Scandal because of a creatively planned accounting fraud. The paper will also address globalization, technology, innovation, diversity and ethics and how they affect the management functions of Enron. The paper will show how supervisors will use delegation to control the different causes and purposes listed. The Enron history is not plainly a story of a isolated business that steped into thee fire and got burned. Enron got just what they describe. Enron was able to take large chances while keeping shareholders in the dark because it could expolit accounting loopholes for subsidaries that are available to most openly traded companies. Companies like Enron can legally cover up large debts...
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...and a safer, healthier, more enjoyable place to live. Agilent Technologies operates two primary businesses — (1) electronic measurement (EMG) and (2) life sciences and chemical analysis (LSCA) — supported by a central research group, Agilent Laboratories. Our businesses excel in applying measurement technologies to develop products that sense, analyze, display, and communicate data. Agilent Technologies’ 19,000 employees serve customers in more than 110 countries. These customers include many of the world’s leading high-technology firms, which rely on our products and services to increase profitability and competitiveness, from research and development through manufacturing, installation, and maintenance. We enable our customers to speed their time to market and achieve volume production and high-quality precision manufacturing. In fiscal year 2006, Agilent Technologies had net revenue of $5 billion. More than half of this revenue was generated from outside the United States. We maintain facilities in about 30 countries, with worldwide headquarters in Santa Clara, California. Our global presence offers a distinct competitive advantage, with R&D, manufacturing, sales, and support capabilities serving customers around the world. Agilent Technologies operates two primary businesses— electronic measurement and life sciences and chemical analysis—...
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...Strategic Thinking Assignment Word Count: 1,500 | It is argued that the provision of Massive Open Online Courses (MOOCs) is becoming a new disruptive innovation that will radically change the scene of higher education. This report will analyse the external environment for MOOC provider Udacity, evaluate their competitive strategy and then discuss the future outlook for them and the industry. | Contents Introduction 2 The External Environment 2 Udacity’s competitive strategy 4 The future of the industry and how Udacity can sustain competitive advantage 6 References 7 Appendix 1 – PEST Analysis Table 11 Appendix 2 – PEST Analysis Graph 12 Appendix 3 – Product Life Cycle 13 Appendix 4 – MOOC Industry Life Cycle 14 Appendix 5 – Strategic Groups 1 15 Appendix 6 – Strategic Groups 2 16 Appendix 7 – Porter’s Five Forces (Current) 17 Appendix 8 – Porter’s Five Forces (Future) 18 Appendix 9 – SWOT Analysis 19 Appendix 10 – New Strategies 20 Appendix 11 – Commonly Required Skills and Resources 21 Introduction Udacity is a massive open online course (MOOC) provider based in Silicon Valley, offering career-focused education. They are partnered with tech-giants Google and Facebook and their mission is to “bring accessible, affordable, engaging, and highly effective higher education to the world” (Udacity, 2015). The External Environment Udacity’s macro environment (appendix 1) shows increasing numbers of mature and part-time learners...
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...about the extent of job loss and foregone employment opportunities among American workers. This concern was especially relevant to policymakers because of the national unemployment rate persistently exceeding 9% despite the end of the Great Recession in June 2009 . The outsourcing of service sector jobs from the United States was a response to the early 1980s recessions when employers narrowed their focus to the company’s core mission and contracted peripheral activities (e.g., janitorial duties) to other U.S. businesses. The 2001 recession caused employers to seek further efficiencies by tapping into the global supply of labor. U.S. businesses were able to outsource overseas the jobs of white-collar workers in some service providing industries as a result of widely disseminated technological advances that permit low cost, good quality, and high speed transmission of voice and data communications. Events, such as the education systems of moderately low-wage nations graduating large supplies of highly educated individuals, also occurred in the intervening years, which heightened the ability of other countries (e.g., India and China) to export services to the United States. U.S. workers have increasingly become concerned about the security of their jobs, due to the increased global...
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...MAPPING THE CONSTRUCTION ENGINEERING AND MANAGEMENT DISCIPLINE By Mohamed A. Aboulezz A Thesis Submitted to the faculty of the WORCESTER POLYTECHNIC INSTITUTE In partial fulfillment of the requirement for the Degree of Master of Science in Construction Project Management February 2003 Approved Prof. Roberto Pietroforte, Thesis Advisor Prof. Fredrick L. Hart, Head of Department Abstract The objective of the study was to map the structure of the construction engineering and management (CEM) discipline and its contents, trace its evolution, and to identify the most prevailing research areas in the discipline. The study entailed a review of the literature in construction engineering and management as well as two of the leading academic journals in the discipline, particularly a bibliometric study of the contents of the ASCE Journal of Management in Engineering (JME), as a case study of the CEM refereed journals. The JME’s contents were investigated from its onset in 1985 until 2002. The results of the analysis show that 70% of the published papers focused on four main subjects: management and organization of the firm, project management, industry structure and environment, and management of personnel. Considerable changes occurred within the subjects with the emergence of new topics and the decline of others over the eighteen years of publication. The study also analyzed the use of keywords, research methods, and identified authors, and the concentration of...
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...Waste Composting at Larry's Markets 7 Winning the Sydney to Hobart: A Case Study in Project Management 9 Kodak's New Focus 11 Managing Kuwait Oil Fields Reconstruction Projects 15 Managing Resources and Communicating Results of Sydney's $7 Billion Clean Waterways Program 19 Making Affordable Housing Attainable through Modern Project Management 23 Goal Definition and Performance Indicators in Soft Projects: Building a Competitive Intelligence System 27 Chapter Ttoo: Organizing 33 Communicating Risk Management in Municipal Government Projects: City of New Orleans Computer-Aided Dispatch System Project 37 Cape Town's Olympic Bid: A Race against the Clock 41 Sydney 2000 Olympic Games: A Project Management Perspective 43 Strategic Project Control Initiatives 47 Libya: Redefining Challenge 51 Land Reserve Modernization Project: The Future of Army Infrastructure 53 Re)D in the Insurance Industry: PM Makes the Difference 57 Implementing Integrated Product Development: A Case Study ofBosma Machine and Tool Corporation 61 How ICL Used Project Management Techniques to Introduce a New Product Range 65 Chapter Three: Motivating 69 Communication Strategies for Major Public Works Projects: The Los Angeles Metro Rail Program under Siege 73 Learning the Lessons of Apollo 13 75 Taxol®: An Example of "Fast-Track" Drug Development 77 Privatization in Patagonia: The Selling of Argentina's Largest Hydroelectric Plant 79 QuesnelAir Terminal: Design/Build Works in the Public...
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...International Journal of Economy, Management and Social Sciences, 2(2) February 2013, Pages: 31-36 TI Journals International Journal of Economy, Management and Social Sciences www.waprogramming.com ISSN 2306-7276 PEST Analysis: The case of E-shop Dimitrios Nikolaou Koumparoulis Full-time Professor of Economics and Management, Universidad Azteca – Mexico. AR TIC LE INF O Keywords: AB STR AC T PEST analysis stands for "Political, Economic, Social, and Technological analysis" and describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. At this paper we study the case of E-shop, a private company in Greece, illustrating the reasons why a company should work on pest framework. The author would like to dedicate this paper to Mr. David Scott and his family. © 2013 Int. j. econ. manag. soc. sci. All rights reserved for TI Journals. pest analysis case study E-shop Jel Classification: M10 M19 1. Introduction In the new economic environment that has emerged as an impact of the recent ‘crisis’, the complexity of each industry forms a demanding context that affects consistently both the internal and external environment of organizations. As a result, the majority of the firms need to maintain their competitive advantage. However, a firm have to constantly increase the value of their products offered to clients in order to sustain their competitive advantage (Barney, 2008), as well as being profitable...
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...concept of strategic alliances has become widely used in the business language to refer to the types of partnerships agreements between two or more companies that pursue a clear strategic collaboration objective, with different levels of possible integration among the members. In today’s competitive global economy strategic alliances are a crucial option for achievement of competitive advantage. By developing strategic alliances, organisations can share their excess or complementary resources and capabilities so as to strengthen their position in the market and gain competitive advantage. When such alliances are effectively and efficiently managed the partnering firms can gain immensely towards mutual profitability. In any cooperative relationship trust is key for success. Where mutual trust and synergies exists, partnering organisations can benefit substantially from opportunities that can be exploited through maximum utilization of combined resources. On the other hand, where there is no trust, extensive monitoring systems become necessary to monitor each partners’ contribution and this results in increased cost of operations that ultimately hamper the competitiveness of the alliance. Definition A strategic alliance is a relationship between two or more parties to pursue a set of agreed upon goals or to meet a critical business need while remaining independent. Partners may provide the strategic alliance with resources such as...
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...Summary: This chapter brings strategic management to life with many contemporary examples. Sixteen types of strategies are defined and exemplified, including Michael Porter’s generic strategies: cost leadership, differentiation, and focus. Guidelines are presented for determining when it is most appropriate to pursue different types of strategies. An overview of strategic management in nonprofit organizations, governmental agencies, and small firms is provided. Long-term Objectives: Long-term objectives represent the results expected from pursuing certain strategies whereas strategies represent the actions to be taken to accomplish long-term objectives. The time frame for objectives and strategies should be consistent, usually from two to five years. Objectives serve as standards by which individuals, groups, departments, divisions, and entire organizations can be evaluated. Long-term objectives are needed at the corporate, divisional, and functional levels of an organization. They are an important measure of managerial performance. Success only rarely occurs by accident; rather, it is the result of hard work directed toward achieving certain objectives. The Nature of Long-Term Objectives: Objectives should be quantitative, measurable, realistic, understandable, challenging, hierarchical, obtainable, and congruent among organizational units. Each objective should also be associated with a timeline. Objectives are commonly stated in terms such as growth in assets, growth...
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...International Journal of Economy, Management and Social Sciences, 2(2) February 2013, Pages: 31-36 TI Journals International Journal of Economy, Management and Social Sciences www.waprogramming.com ISSN 2306-7276 PEST Analysis: The case of E-shop Dimitrios Nikolaou Koumparoulis Full-time Professor of Economics and Management, Universidad Azteca – Mexico. AR TIC LE INF O Keywords: AB STR AC T PEST analysis stands for "Political, Economic, Social, and Technological analysis" and describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. At this paper we study the case of E-shop, a private company in Greece, illustrating the reasons why a company should work on pest framework. The author would like to dedicate this paper to Mr. David Scott and his family. © 2013 Int. j. econ. manag. soc. sci. All rights reserved for TI Journals. pest analysis case study E-shop Jel Classification: M10 M19 1. Introduction In the new economic environment that has emerged as an impact of the recent ‘crisis’, the complexity of each industry forms a demanding context that affects consistently both the internal and external environment of organizations. As a result, the majority of the firms need to maintain their competitive advantage. However, a firm have to constantly increase the value of their products offered to clients in order to sustain their competitive advantage (Barney, 2008), as well as being profitable...
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...strategic management. At this paper we study the case of E-shop, a private company in Greece, illustrating the reasons why a company should work on pest framework. pest analysis case study E-shop Jel Classification: The author would like to dedicate this paper to Mr. David Scott and his family. M10 M19 1. © 2013 Int. j. econ. manag. soc. sci. All rights reserved for TI Journals. Introduction In the new economic environment that has emerged as an impact of the recent ‘crisis’, the complexity of each industry forms a demanding context that affects consistently both the internal and external environment of organizations. As a result, the majority of the firms need to maintain their competitive advantage. However, a firm have to constantly increase the value of their products offered to clients in order to sustain their competitive advantage (Barney, 2008), as well as being profitable in order to exist (Egan, 1998). The industries can be described as a set of external and internal environment so, every firm is affected by external environment such as the market, client, etc and the internal environment including the employees of the firm, contractors, sub-contractors, suppliers etc. (Kelly and Bowles, 2006). The key research question is to investigate what are the forces affecting the organization’s macro business context. The purpose of the study is practical and will be conducted in order to examine the forces affecting the organization’s macro business...
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...users to easily share, sync, and store files (photos, documents, videos,ets) across most personal computers and smart phones. The company headquarter is in San Francisco, California. Dropbox is a venture-backed Silicon Valley start up, founded in 2006, that provides online storage and backup services to millions of customers using a "freemium" (free + premium offers) business model. The case recounts Dropbox's history from conception through mid-2010, when founder/CEO Drew Houston must make strategic decisions about new product features which are rigorously demanded by the users, how to target enterprise customers, and whether to pursue distribution deals with smartphone manufacturers. Drew Houston graduated from MIT and Ferdowsi dropped out of Harvard to co-found company. The idea was simple but very tough to execute, apart from this they already have around 80 competitors in the market and Mozy , Carbonite was doing very well even they are on the first position. Despite this they were confident that while entering a competitive market they could succeed. The first generation of cloud storage services was based on simplistic model, where file accesses were redirected over the internet instead of your computer’s hard drive, but they had a performance advantage of storing files locally and updating a cloud copy in the background using time and bandwidth saving optimizations. The industry is growing decently $76 million in 2007 to $ 715 million in 2011. After long period and discussion...
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...System (PHS): Transforming Health Care Services Delivery through Information Management Case Description According to government sources, U.S. expenditures on health care in 2009 reached nearly $2.4 trillion dollars ($2.7 trillion by the end of 2010). Despite this vaunting national level of expenditure on medical treatment, death rates due to preventable errors in the delivery of health services rose to approximately 98,000 deaths in 2009. To address the dual challenges of cost control and quality improvement, some have argued that what is needed is an integrated electronic medical record (EMR) system and associated information technology-enabled processes. While the information systems currently available may meet the needs of the industry, the question remains as to what is required within and by the health care services organization to achieve a satisfactory response to these dual challenges. At the present time, Partners Healthcare System (PHS) maintains a centralized digital records library on over 5 million patients, augmented in real-time by data, textual comments, and artifacts (i.e. x-rays, MRI’s, EKG’s, etc.) as these patients visit doctor offices, receive hospital-based or home care services, and obtained prescription medications and other therapies. Procedures are in place to ensure the data quality and integrity of these patient files. Going forward, any health care professional across the network can access a patient’s complete record, ensuring accurate...
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...www.ccsenet.org/cis Computer and Information Science Vol. 4, No. 2; March 2011 The Impact of Human Resource Information System on Strategic Decisions in Iran Hassan Rangriz (Ph.D) Assistant Professor, Department of Management, School of Economic Sciences No. 66, Roudsar Ave, Hafez Ave, P. O. Box: 15875-1111, Tehran, Iran Tel: 98-912-226-2026 E-mail: hassanrangriz@yahoo.com Javad Mehrabi (Ph.D) Assistant Professor, Faculty of Management & Accounting, Islamic Azad University Qazvin Branch, No. 1, Daneshgah Ave, P. O. Box: 34185- 1416, Qazvin, Iran Tel: 98-281-3675-787 E-mail: mehrabijavad@yahoo.com Alireza Azadegan (M.A.) Researcher, Tehran, Iran Tel: 98-912-8158675 E-mail: Azadegan1981@yahoo.com Abstract Purpose – The purpose of this paper is to examine the impact of Human resource information system (HRIS) on strategic decisions. Design/methodology/approach – The papers develops a research model based on current literature and then test this model in Mellat and Parsian banks selected from 19 banks with 18000 branches, public and private sectors in Iran. Statistics society consists of 172 persons include assistant of general managers in both personnel affairs and welfare and domestic payments department in Mellat bank, and also professionals, managers and deputy of personnel affair and department of organisation and methods in Parsian bank. The sample size provided based on "Cohan- Morgan- Korjsay" is 108...
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...complications over the years while performing business in China which has included piracy of its products. This was a major problem in the beginning, has been a constant issue over the years, and is still troubling Microsoft today. 2. Company Background The Microsoft Corporation is a multinational software company that was created in America and is headquartered in Redmond, Washington. The company was founded in 1975 by Bill Gates and Paul Allen. The company develops, manufactures, licenses, and supports a wide range of products and services related to computers and other electronic devices including video gaming systems. Microsoft operating systems, such as Vista and XP, run on 90 percent of all PC's worldwide. Some of the other popular and most successful items that have been created by Microsoft include Microsoft Office, which provides productivity, collaboration, and social products to both home and business computers. One of the most popular gaming systems was created by Microsoft; the Xbox, with features such as Xbox Live and Kinect. 3....
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