Strategic Advantage Essays (Examples)

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Strategic Advantage
PAGES 10 WORDS 3685

Strategic Advantage
Goold and Campbell's comprehensive study sheds a new light on the ways a company uses to improve its financial results, whether from a quantitative point-of-view (i.e. through acquisitions) or a qualitative one (i.e. through the improvement of ratios) It would seem, according to the two researchers, that multi-business company management proves to be a difficult problem, considering that, according to their study, most "parent" companies tend to destroy value rather than add value to the businesses it parents.

The two authors conduct a short analysis of the previous strategies used by multi-business corporations, and find that the growth / share matrix, which was implemented on a large scale in the United States in the 70's and 80's lead to disillusionment, as the performance of companies was quite poor. In regard to the core-competence concept, although its appeal is quite powerful, it failed to provide practical guidelines for its application, so….

Strategic Advantage
Competitive advantage within the global retail sector

The resource based theory

Conceptual framework- esource-Based Theory

The e-retail strategy

In this paper, we explore the concept of resource-based view in gaining of strategic advantage within the global retail industry. Our focus will be in the use of information technology as a resource in drawing an e-strategy for the purpose of gaining a strategic advantage with a focus on the global retail sector. The organizations in our focus being global leading retailers; Wal-Mart, Metro AG, Carrefour and Tesco.

The high level of competition within the global retail industry has seen several players resort to the use of certain resources and competencies in order to maintain a lead over their competitors. These resources are strategically harnessed and applied in order for the affected firms to maintain a strategic advantage. In this paper, we explore the concept of resource-based view in gaining of strategic advantage within the….

history of amazon and a comparison to its major rival eBay.
History of Amazon

tarted by Jeff Bezos in 1994, Amazon is a multinational electronic commerce company that is headquartered In eattle, Washington DC, UA. The company also provides cloud computing servicers and produced the widely popular Amazon Kindle e-book reader and Kindle Fire tablet computer. It has separate retail websites for United tates, Canada, United Kingdom, France, Germany, Italy, pain, Japan, and China, and plans to open other sites for further countries that include Poland, Brazil, Netherlands and weden.

Amazon.com was called after the largest river -- the Amazon River and after the Amazon gods for a purpose: it planned to become to the largest online retailer -- and succeeded (Jopson, 2011). Bezos, too, chose a name that would appear as first of the alphabet in order to make it easy to track in a web search (Byers, 2006). The name….

MFThe isk Management Framework (MF) is a structured process designed to help organizations identify, assess, and manage risks in a most systematic manner. This approach was originally developed for information systems, like those found in government or military organizations. However, since then, MF has evolved into a being used as a tool with wider applicability across different organizational domains. Its main objective is to integrate risk management into all aspects of an organization\\\'s operations, so that decisions are supported and made based on the clearest possible understanding of risks and their potential impacts.MF\\\'s approach is fundamentally structured and proactive, as it looks on understanding the context of risks within an organization (Bohmer et al., 2009). Its focus is the importance of grasping the organization\\\'s risk tolerance and the specific nature of threats (HB, 2020). This understanding helps one to identify, assess, and respond to risks. It is also the main….

Strategic Management
Porter's Five Forces Model and Strategic Management

as Applied to Bowne & Company

Porter's Five Forces Model and Strategic Management

as Applied to Bowne & Company

Bowne & Co., Inc. is a financial services company which has been in business for 235 years. During this time the company has grown to become the world financial services leader in communication services, investor/shareholder relations and communications, and capital markets communication guidance. The communications side of financial services is Bowne's specialty, as they provide "regulatory and compliance documents; personalized financial statements; enrollment kits; and sales and marketing collateral" (Bowne, 2009). The company has expanded its operations in recent years due to the wish to be involved in all aspects of their customer's financial transactions. In February of 2010, Bowne merged its services with those of .. Donnelley & Sons in an all cash deal. Bowne will remain completely autonomous except in the matter of a very….

Strategic Management of Amazon and Yahoo.com
The recent advancements in technology, computing, and Internet technologies have seen a rapid rise in the number of online businesses. Cases in point are the Amazon.com and Yahoo.com that took the globe by storm at the end of the 20th the century. Broadly speaking, e-commerce has become one of the most lucrative platforms to conduct businesses (Nabi, & Luthria, 2002). In this paper, two relating Amazon and Yahoo are reviewed. First, I seek to find out the source of Amazons success as a leading online retailer in 2011. The study will also establish whether Yahoo's business model functionally geared for success during the same year. In addition, the distinct business strategies of each of these entities and the way the strategies resulted in comparative advantages are also analyzed.

Amazon.com, the world's largest online retailer, is an American company that was established in 1995 by Jeff Bezos.….

Then they can transfer them to all the business units and follow through. A best practice of an organization provides it with unique and distinctive competence and cost/benefit impact. Therefore the transfer and sharing of the best practice organization wide becomes necessary for attaining a competitive edge.
enchmarking attempts to improve business processes by analyzing the top-notch approaches of others and adapting it to one's own organization to achieve a competitive lead. est practices and benchmarking can give an organization strategic, operational, and financial advantage. ench marking is an attempt by an organization to look for continuous improvement. Japanese concept of "Kaizen" or continuous improvement also considers benchmarking an important part of its philosophy. enchmarking can also require management to think out of the box. For example, if someone wants to see the standards for team management in the steel industry they might look for the best practice in the….

Strategic Management
It is very important that the factor of 'change' figures within an organization prominently. Different people utilize different approaches to implement these changes, and most often, it is that particular method that suits the organization the best that is used. Among some of the tried and tested methods of implementing change within an organization is the 'Delta Technique', which is one of the more popular and extremely successful methods used by the management. 'Delta' in fact means 'a small change' in Greek, and this is in essence what it represents. This technique has its base on the theory of Lewin, 1952, and it revolves around the three stages of change, like for example, when a piece of ice changes its shape, and it goes through unfreezing, changing, and refreezing. (Strategies for implementing change: an experiential approach)

Lewin has stated that it is very important to devote both time and energy….

[...] transaction customers, which represent 30% of U.S. sales, are small and medium size enterprises (about 20%) and home office customers and consumers" (Kraemer, Dedrick and Yamashiro, 2000)
Built-to-Order Production

The built-to-order production strategy was implemented to the great success of Dell Computer Corporation as it aided it differentiate itself from competing PC manufacturers. It ensured customers of the highest levels of interest in satisfying their needs and it as such gained their trust. But is also has some limitations in the meaning that it requires more time, implies more costs and forces the organization to "have available specific components as they are needed to fill an incoming order" (Kraemer, Dedrick and Yamashiro, 2000). Then, as it implies a high level of customization, it prevents the company from producing large masses of similar products, which could reduce costs and offer Dell a comparative advantage - process otherwise know as economies of….

Strategic Management in Business Development
The term "strategic planning" is generally used in the narrow sense, namely the application of management tools to address areas such as, profitability, efficiency, growth and competitive advantage. Ultimately, to address concerns of stakeholders for increase shareholder value and long-term competitiveness.

Business development is at the heart of strategic thinking and needs imagination and innovation. It should be proactive and anticipatory. It involves the creation of a unique configuration of the company's key features, which will match the challenges of its environment and provides strategic advantage. There are two distinct phases:

The option generation phase, where creativity must be allowed to flourish and diverse ideas emerge.

The option selection phase, where the options are narrowed down through a systematic filtering process.

The process is often iterative with multiple cycles occurring through the two phases.

In the first phase the strategic management team works with the company's management team, engaging in the….

Strategic Linkage
PAGES 2 WORDS 643

Strategic Linkage
Strategic management

Why do you think it is important for H to be a strategic partner to the business?

In the new, knowledge-based economy, the human resources department of the firm is increasingly important to leverage as a strategic advantage. This can be seen in the actions of corporations such as Google, which offer extensive perks and benefits to employees, after a long vetting process (Benefits, 2012, Google). The philosophy of such organizations is that the companies that can attract the best people can translate this into financial gain. Companies like Apple generate ideas just as much as they generate products, and without knowing how to recruit and above all retain top talent, a company will be left behind.

etention requires competitive and often unique perks and bonuses, spanning from workout facilities to healthcare benefits and beyond. It also requires a fair system of promotions and pay. There is a need to….

Strategic Management: JP Kenny London
JP Kenny London was established in 1978 as the original office of the now JP Kenny group, the London office has amassed over 30 years of experience in executing pipeline and subsea projects for clients around the world (J P. Kenny Ltd. 2011). Its meager beginnings in 19th century roots in the fishing industry have spawned into a multi-billion dollar organization, providing major energy resources.

This report examines the current strategic position of JP Kenny and the strategic options for the future of JP Kenny. By using the (PESTLE) Political, Economic, Social, Technology, and Environmental factors affecting JP Kenny, an assessment of opportunities, threats, strengths and weaknesses may be ascertained. Hence, such findings demonstrate the direct influence on JP Kenney's sustainability.

JP Kenny experiences a shortage of qualified engineers within the United Kingdom. To overcome this JP Kenny source engineering staff from around the world. Furthermore, JP Kenny….

Strategic Management Concept: Outsourcing
Strategic Management: Ourtousrcing

Definition of outsourcing

Outsourcing is defined as the contracting another person or company to perform a specialized function (Lacity and Hirschheim, 1993). Outsourcing can also be defined as contracting out a business process to a third party. In the current business environment, all business will outsource in some way. The term outsourcing not only refers to the large contracting of firms to perform specific functions, but also refers to any non-core activity that a business contracts out to another company. For example, an insurance company could outsource its janitorial operations to another company, which would ensure that the insurance company can focus on its core business. Outsourcing ensures that a business can concentrate on its core business and its overall strategy (Grossman and Helpman, 2005). The firms contracted to perform or offer the service have the necessary expertise and have specialized in the type of work….

Strategic Planning & Strategy Formulation
Case: Strategic Planning & Strategy Formulation

Case Assignment -- Comcast

Comcast's Current Strategy

Current Event Blog

Discussion Question: Strategy Planning and Formulation

Case

Strategy Implementation & Evaluation

Current Event Blog 4 -- Strategy Implementation & Evaluation

Discussion Question: Strategy Implementation and Evaluation

eflective Discussion

Case: Strategic Planning & Strategy Formulation

Case Assignment -- Comcast

Comcast's Current Strategy

Comcast has developed a current business strategy that is completely focused on the customer. The company has positioned itself at the "intersection of media and technology" (Corporate.comcast.com, 2016). The company seems to be doing well and in 2015 the company had raised their dividend by 10%, for the eighth consecutive year.

The present strategy of the company is to focus on innovation and enhancing of customer experience and being innovative at the same time. The company claims that this strategy has paid off well for them. In fact, this business strategy of the company was adopted less than a year ago in May.….

The company conducts research and development on several programs such as on-site warfare testing, and laboratory research for the next generation aircrafts. The company also conducts &D on the application of new technologies to build aircraft and submarines as well as implementing effective &D on mechanical and electrical system for the new equipment.
Despite the competitive strategic advantages that the company is enjoying, there are external environment affecting the business operations of Huntington Ingalls.

External Environment affecting the Operations of Huntington Ingalls

This section uses STEEPL model to analyze the external environments that the company is operating. STEEPL abbreviation refers to Socio-cultural, Technological, Environmental Factors, Economical, Political and Legal. Major operation of Huntington Ingalls is conducted in the United States and the Economical, Political and Legal and the Socio-cultural aspects of the country affect the operation of the company.

Socio-cultural:

Socio-cultural of the United States is one of external factors that affect the business….

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10 Pages
Term Paper

Business

Strategic Advantage

Words: 3685
Length: 10 Pages
Type: Term Paper

Strategic Advantage Goold and Campbell's comprehensive study sheds a new light on the ways a company uses to improve its financial results, whether from a quantitative point-of-view (i.e. through acquisitions)…

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8 Pages
Essay

Business

Strategic Advantage Competitive Advantage Within the Global

Words: 2172
Length: 8 Pages
Type: Essay

Strategic Advantage Competitive advantage within the global retail sector The resource based theory Conceptual framework- esource-Based Theory The e-retail strategy In this paper, we explore the concept of resource-based view in gaining of…

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2 Pages
Essay

Business

Amazon's Strategic Advantage

Words: 774
Length: 2 Pages
Type: Essay

history of amazon and a comparison to its major rival eBay. History of Amazon tarted by Jeff Bezos in 1994, Amazon is a multinational electronic commerce company that is headquartered…

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2 Pages
Essay

Management

Turning Risk into Strategic Advantage

Words: 699
Length: 2 Pages
Type: Essay

MFThe isk Management Framework (MF) is a structured process designed to help organizations identify, assess, and manage risks in a most systematic manner. This approach was originally developed for…

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10 Pages
Research Paper

Business

Strategic Management Porter's Five

Words: 3219
Length: 10 Pages
Type: Research Paper

Strategic Management Porter's Five Forces Model and Strategic Management as Applied to Bowne & Company Porter's Five Forces Model and Strategic Management as Applied to Bowne & Company Bowne & Co., Inc. is a…

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4 Pages
Essay

Business

Strategic Management of Amazon and Yahoo com the

Words: 1286
Length: 4 Pages
Type: Essay

Strategic Management of Amazon and Yahoo.com The recent advancements in technology, computing, and Internet technologies have seen a rapid rise in the number of online businesses. Cases in point are…

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9 Pages
Term Paper

Business - Management

Strategic Competitiveness Modern and Traditional

Words: 2610
Length: 9 Pages
Type: Term Paper

Then they can transfer them to all the business units and follow through. A best practice of an organization provides it with unique and distinctive competence and cost/benefit…

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13 Pages
Term Paper

Business

Strategic Management it Is Very Important That

Words: 5480
Length: 13 Pages
Type: Term Paper

Strategic Management It is very important that the factor of 'change' figures within an organization prominently. Different people utilize different approaches to implement these changes, and most often, it is…

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7 Pages
Term Paper

Business

Strategic Management at Dell Computer

Words: 1944
Length: 7 Pages
Type: Term Paper

[...] transaction customers, which represent 30% of U.S. sales, are small and medium size enterprises (about 20%) and home office customers and consumers" (Kraemer, Dedrick and Yamashiro, 2000) Built-to-Order…

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8 Pages
Term Paper

Business

Strategic Management in Business Development

Words: 2332
Length: 8 Pages
Type: Term Paper

Strategic Management in Business Development The term "strategic planning" is generally used in the narrow sense, namely the application of management tools to address areas such as, profitability, efficiency, growth…

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2 Pages
Essay

Business - Management

Strategic Linkage

Words: 643
Length: 2 Pages
Type: Essay

Strategic Linkage Strategic management Why do you think it is important for H to be a strategic partner to the business? In the new, knowledge-based economy, the human resources department of the…

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8 Pages
Essay

Energy

Strategic Management Jp Kenny London Jp Kenny

Words: 2320
Length: 8 Pages
Type: Essay

Strategic Management: JP Kenny London JP Kenny London was established in 1978 as the original office of the now JP Kenny group, the London office has amassed over 30 years…

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8 Pages
Term Paper

Business

Strategic Management Concept of Outsourcing

Words: 2661
Length: 8 Pages
Type: Term Paper

Strategic Management Concept: Outsourcing Strategic Management: Ourtousrcing Definition of outsourcing Outsourcing is defined as the contracting another person or company to perform a specialized function (Lacity and Hirschheim, 1993). Outsourcing can also…

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18 Pages
Essay

Transportation

Strategic Management in Technology

Words: 5956
Length: 18 Pages
Type: Essay

Strategic Planning & Strategy Formulation Case: Strategic Planning & Strategy Formulation Case Assignment -- Comcast Comcast's Current Strategy Current Event Blog Discussion Question: Strategy Planning and Formulation Case Strategy Implementation & Evaluation Current Event Blog 4 --…

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16 Pages
Case Study

Business

Strategic Management of Huntington Ingalls

Words: 4836
Length: 16 Pages
Type: Case Study

The company conducts research and development on several programs such as on-site warfare testing, and laboratory research for the next generation aircrafts. The company also conducts &D on…

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