Strategic Management of Tenfold Organic Textile - 3710 Words

MGW3401 – STRATEGIC MANAGEMENT Tenfoldâ„ ¢ Organic Textile Case Analysis Report Lecturer: Dr Chong Yit Sean, Esther Tutor: Dr Tan Seow Kian, Sharon Cheok Huei Chun (24826200) Teoh Tong Aik (26094193) Florian Navintach Zeorelli Samerawickreme (24729833) Clement Marsha (25342754) Habiba Almahrooqi (25384589) Table of Contentsî ¿ ¿ Executive Summary 1.0 Introduction 1.1 Purpose of the report 1.2 Company information 1.3 Assumption 1.4 Methodology 1.5 Purpose of Report 2.0 Strategic Analysis 2.1 SWOT ANALYSIS 2.1.1 Strengths 2.1.2 Weaknesses 2.1.3 Opportunities 2.1.4 Threats 2.2 Main issues 2.2.1 Issue 1 2.2.2 Issue 2 3.0 Evaluation of Alternative Strategies 3.1 Alternative 1†¦show more content†¦The second alternative is using the Blue Ocean Strategy to create value innovation by offering different kind of organic apparel to the partner brand. Moreover, blue ocean strategy can help Tenfold to enhance the organization’s strategic position. All in all, the best strategy for Tenfold is the blue ocean strategy since it can decrease the number of its competitors when using this strategy. Introduction Purpose of the report The purpose of the report is to analyze and discuss the main issues that Tenfold organic textile need to improve and provide alternatives to get a superior performance. Assessing the company’s strengths and weaknesses will help Tenfold to have a planned strategy, gain more profit and create a well-known brand. Furthermore, a clear understanding about the opportunities and threats of the organization can help the management to identify the changes and new alternatives that can be made to enhance the organization’s strategic position Company information Tenfold Organic Textiles is a company that manufactures naturally dyed organic cottons which was founded by Leah Weinstein and her brother Paul Weinstein in 2006. Tenfold’s main mission is to provide organic apparel using naturally dyed fibers by reducing the use of the chemicals in textile manufacturing. They believe that fashion industry should not pollute the environment with chemicals and synthetic dyes. In order for theShow MoreRelatedWalmart Case Study5076 Words   |  21 Pageslike to show our gratitude to Resp. Prof. Mr. Sham Sharma, for providing us with the golden opportunity to prepare an intellectual report, on Distribution amp; Logistics Management of â€Å"wal-mart†. We are grateful to Resp. Prof. Mr. Sham Sharma, for guiding us to prepare an aesthetic report on Distribution amp; Logistics Management of â€Å"wal-mart†with the proper information and knowledge of sixteen elements of formal report writing. Without his kind support it would have been difficult for us to completeRead MoreExploring Corporate Strategy - Case164366 Words   |  658 Pagesand 15 case examples which have been chosen to enlarge speciï ¬ c issues in the text and/or provide practical examples of how business and public sector organisations are managing strategic issues. The case studies which follow allow the reader to extend this linking of theory and practice further by analysing the strategic issues of speciï ¬ c organisations in much greater depth – and often providing ‘solutions’ to some of the problems or difï ¬ culties identiï ¬ ed in the case. There are also over 33 classicRead MoreManagement Course: Mba−10 General Management 215330 Words   |  862 PagesManagement Course: MBA−10 General Management California College for Health Sciences MBA Program McGraw-Hill/Irwin abc McGraw−Hill Primis ISBN: 0−390−58539−4 Text: Effective Behavior in Organizations, Seventh Edition Cohen Harvard Business Review Finance Articles The Power of Management Capital Feigenbaum−Feigenbaum International Management, Sixth Edition Hodgetts−Luthans−Doh Contemporary Management, Fourth Edition Jones−George Driving Shareholder Value Morin−Jarrell LeadershipRead MoreMarketing Management 14th Edition Test Bank Kotler Test Bank173911 Words   |  696 PagesMarketing Management, 14e (Kotler/Keller) Chapter 1 Defining Marketing for the 21st Century 1) Which of the following statements about marketing is true? A) It is of little importance when products are standardized. B) It can help create jobs in the economy by increasing demand for goods and services. C) It helps to build a loyal customer base but has no impact on a firms intangible assets. D) It is more important for bigger organizations than smaller ones. E) It is seldom used by nonprofitRead MoreMerger and Acquisition: Current Issues115629 Words   |  463 PagesMergers and Acquisitions Current Issues Edited by Greg N. Gregoriou and Karyn L. Neuhauser MERGERS AND ACQUISITIONS Also edited by Greg N. Gregoriou ADVANCES IN RISK MANAGEMENT ASSET ALLOCATION AND INTERNATIONAL INVESTMENTS DIVERSIFICATION AND PORTFOLIO MANAGEMENT OF MUTUAL FUNDS PERFORMANCE OF MUTUAL FUNDS Mergers and Acquisitions Current Issues Edited by GREG N. GREGORIOU and KARYN L. NEUHAUSER Selection and editorial matter  © Greg N. Gregoriou and Karyn L. Neuhauser

Effective Communication Paper Free Essays

Communication is important for any kind of environment. The technique, which has been effective and ineffective at the same time, is the team approach and feedback. These techniques are good because this will allow a person to receive feedback and improve in any areas that an individual needs to improve. We will write a custom essay sample on Effective Communication Paper or any similar topic only for you Order Now This can be useful in health care work because of how some health care workers are already doing self-assessments. Self-assessments are important because this will allow the team to improve and, allow the team to brainstorm any ideas together by improving together.The most effective technique for sharing information and ideas would be the team approach and feedback. For the most part the team approach has worked tremendously where I work. They use the team approach because this allows all the employees to show that he or she can work as a team. Team approach is effective because this allows all team members to brainstorm together, increase ideas and improve learning experience, reduced workload and collective security (Schultz, Wilson and Hess, 2010). The team approach has many advantages and disadvantages when working as a team.Some like to work as a team while others do not like to work as a team making this difficult to come together by brainstorming ideas. Techniques that are ineffective are sometimes the team approach and taking feedback positively. Sometimes the team approach did not work because everyone was not willing to do his or her part and left the leader to do the job instead of working as a team. The team approach has been ineffective because sometimes the scheduling was not right and sometimes the person had different point of views which made this difficult to come to an agreement (Schultz, Wilson and Hess. 010). This can be bad because some of the employee’s that I had worked with wanted to do all the stuff by themselves and, not want any kind of team approach. The feedback sometimes did not work because once he or she receives the feedback some take the feedback to improve his or her self while he or she sometimes ignores the feedback that was given. Once the day was through, they would have comment cards that customers would feel out if the customers had any kind of problem. Sometimes I would receive negative feedback because I had a poor attitude.Knowing that I was going to receive this ahead of time I still did not like the fact that this was negative feedback. Knowing that a person can receive negative feedback can make a person not want to function that well as a team. I know when working personally with teams that having a negative attitude about feedback is not good and will not get you anywhere but losing a job. â€Å"(Belschak, 2009, para. 2 states this helps to strengthen employees’ education and understanding of outcomes). † These techniques can be useful in the healthcare by having self-assessments to see how the teams and employees are doing.By having self-assessments this will allow the managers to see how the individuals are doing working as teams or by themselves. This technique is good because this will let the team know the area he or she needs improvement in and, how he or she can improve. Self-assessments are just letting that person know the feedback of the assessment so that he or she will allow improvement (Moskal, 2010). Most of the healthcare workers now will rely on technology as this is a demand for healthcare workers. Technology can affect this process because some of the jobs might not be ready to use this kind of information.Technology has a major impact because of how technology now uses emails, fax machines, video conferencing and voice messing. Now with technology increasing everyone should have some kind of training if wanting to work in the health care field. The techniques that are effective in the health care system are feedback and team approach. Team approach is turning to be out in all of the business as well as taking classes online. Working as a team has many advantages as well as the given feedback. Everyone will be able to work closely together feeding off one another as he or she learns from each other along with the feedback and the team approach. How to cite Effective Communication Paper, Papers

Mcdonalds Organizing Function of Management Essay Example For Students

Mcdonalds Organizing Function of Management Essay McDonald’s Organizing Function of Management Billie Holloway Jack Geer July 19, 2010 Organizing Function of Management This paper shows how McDonald’s like any other organization must use the organizing function of management to have a successful business. Management must always take action. It is important for management to organize and coordinate activities that relate to the establishments policies. Over the years management has developed from creating charts to identify business functions, creating reporting relationships, and having personnel departments that administer plans, programs and paperwork to having effective managers who use new forms of organizing. In today’s society it is important that management view their employees and customers as the most important resource available. Organizations are building establishments that are flexible and adaptive in regards to competition and customer needs. It is important that organizations organize activities that attract people to the establishment, specify job responsibilities, put specific jobs into job categories, marshal and assign resources, and create conditions that people work together to accomplish the maximum amount of success possible (Bateman ; Snell, 2009) McDonald’s Corporation McDonald’s Corporation is made of franchises and operates in 117 countries. Through all the McDonald’s Corporations they have employed more than 15 million people. In 2009 an average of 60 million customers were served each day around the world (McDonald’s 2009 Annual Report, 2010). McDonald’s uses a collaborative management approach which has created a strong global leadership team throughout McDonald’s history. Management has taken responsibility of working together with each other’s franchises to take on new challenges and responsibilities on behalf of the Company (McDonald’s 2009 Annual Report, 2010). McDonald’s continues to be successful because of the focus on their management enhancing long-term profitable growth, giving the recognition to management and leadership development, and offering their customers a means of eating out that will still fit their way of life (McDonald’s 2009 Annual Report, 2010). Physical Assets McDonald’s individual franchisers or company will handle the physical assets of the corporation. The majority of McDonald’s restaurants are independently owned and operated by men and women internationally. The conventional franchise agreement has the franchisees provide part of the capital requirements. These requirements will consist of investing in equipment, signs, seating, and the decorations of their restaurant. The franchisees will also need to keep updating the restaurant though the years. Through the agreement of the organization and the franchisees the company will own the building and land that the restaurant is on or if the building is leased the company will carry the long-term lease of the building that McDonald’s franchise occupies. By McDonald’s having full rights to the building that the restaurant is in they can control costs better and ensure that all franchises correspond with each other (McDonald’s Corporation, 2010). McDonald’s believes them to be the main franchiser or the organization and the owners of the franchises work together to give customers a great experience which in the end will help create a higher profitability for the Corporation. Although being the franchiser allows the Corporation to guide the franchises in the right direction it is important the franchise can provide the services the people in the area want and have experience in customer values. While the franchises work together to create a memorable experience for the customers they are: 1) constantly developing new ideas, 2) improving operational standards, 3) improving marketing concepts and products, and 4) improving price strategies to fit the economy. To improve the overall performance, McDonald’s restaurants are continuously reviewing and creating new ideas that will interest the customers (McDonald’s Corporation, 2010). Monetary Although we have been seeing hard times in the economy McDonald’s was able to see profitability. Response to civil disobedience EssayFrom the three main areas that employees are concerned the HRM was able to create three basic elements of EVP for the establishment. These elements consist of: 1) Family and Friends, 2) Flexibility, and 3) the Future. At this time, McDonald’s is in the beginning stages of an internal launch and activation phase pertaining to the three basic elements of the new employment value proposition plan. Conclusion McDonald’s is a growing franchise that understands the importance of their commitment to their employees. The food service business fast paced and McDonald’s is one of the largest and busiest companies in the food service industry. In the food service industry it is important to focus on the people, both employees and customers because without dedicated people it is hard to create good business results (McDonald’s Corporation, 2010). To ensure the success of McDonald’s keeps growing the management team must continue to organize and coordinate activities associated with running an international business. References Bateman, T. S. , ; Snell, S. A. (2009). Management: Leading ; Collaborating in a Competitive World, Eighth Edition BizEd. com (2010). McDonald’s Company Facts. http://www. bized. co. uk/compfact/mcdonalds/mcindex. htm BusinessDictionary. com (2010). Definition: Management. http://www. businessdictionary. com/definition/management. html McDonalds Annual Report (2009). McDonald’s Corporation (2010). http://www. aboutmcdonalds. com/mcd/investors/publications. html McDonald’s Corporation (2010). At the front counter – Engaged and committed employees. http://www. aboutmcdonalds. com/mcd/csr/report/employment_experience/employment_value_proposition. html