Got a tricky question? Receive an answer from students like you! Try us!

Creating strategy for company - Case Study Example

Only on StudentShare
Author : klingcorene

Summary

Creating strategy for company: ABB case study Introduction Engineering conglomerate ABB, from its name itself is just among of the diverse and complex organizations that need to be managed the right way. In this paper, the proponent tries to identify the key strategic issues that ABB is facing…

Extract of sample
Creating strategy for company

Acquisition-led growth strategy This is one of the major strategic issues stated in the case which was said to be suited in a widely globalizing market. Prior to digging on this issue further, let us examine first other important strategic issues. ABB tried to adapt certain capacity to be global in coverage and this resulted to its strategic move to optimize resources in order to have competitive edge in cost leadership. For instance, the company tried to improve its economies of scale and scope by specializing in the production of major product’s components around the world. Not only that, ABB also tried to come up with feasible cost saving measures such as component outsourcing and overhead cuts. Based on the idea of Levitt (1984) on globalization, the idea of ABB to go global is therefore a matter of necessity. The very reason is the fact that in globalization, there is an attempt on the part of an organization to come up with goods of the best quality and reliability yet at the lowest price possible in order to compete. This is the very reason why ABB needs to consider two important dimensions in its structure: products and region just prior to be highly competitive in the global setting. ...
Download paper

Related Essays

Creating and Marketing a new product.
But on the other hand complications have also increased as we try to understand and use each of the gadgets separately. It is from these complications that we have identified a new need of getting everything available to users in a single device. The product we have come up is called ‘E-Wall’ which will help users of technology manage everything from a single place using a single device. In this report we will talk in detail about the product, marketing plan and strategy, business strategy, and operations. We will also discuss how we will establish it as a legal entity and protect the…
12 pages (3012 words)
Creating a new business venture
This mission is ideal since it seeks to consolidate the company’s commitment to provide quality transport services to different targeted customers in the healthcare sector. Vision To be the market leader in the transport sector where the company seeks to cater for the interests of different customers in need of healthcare related transport services. Brief description of your organization Accarpio Transport’s business model is based on the notion of establishing a company that will specifically offer transportation services for those in need. The company will target different categories of…
10 pages (2510 words)
Company Strategy Analysis: Adidas
Strategy refers to a unifying theme that gives coherence and direction to the actions and decisions of an individual or an organization.It is the direction and scope of an organization over a defined period and achieves organizational advantage through configuration of resources within challenging environments in order to meet the needs of the general market and fulfill the stakeholder’s expectations. It is a collective theme usually undertaken by the entire organization in relation to the daily activities undertaken within the organization, with respect to the fulfillment of the aspired…
3 pages (753 words)
UPS Company Strategy
It goes without saying that drivers of organizational change vary across organizations and businesses. However, the main drivers of organizational change can be summarized as follows: …
6 pages (1506 words)
(ALDO, CLARKS) shoes company, Evaluates the retailers' retail strategy in the light of its competitive environment
In 1993 ALDO entered the US market and in the next year it ventured out of North America. Israel was the first country outside North America where ALDO started its business under a franchisee agreement. It set ALDO’s international business model. By 2011 the company has opened more than 1000 stores operating in sixty-five countries across the globe. There are also 160 ALDO Accessories stores operating in nineteen countries. The Clarks was established as a result of an inspirational idea by James Clark. The company was founded by the joint effort of the brothers, Cyrus and James Clark in 1825…
20 pages (5020 words)
Marketing Strategy for Business .Marketing & Enterprise .I chose this company for assignmnet(Midland News Association.Express &
Implementation 24 7. Conclusion 24 References 24 1. Executive summary 1.1 Current Position Midland News Association (MNA Media) is the largest independent regional news company in the UK. The company is owned and operated by the Graham family of Wolverhampton. Two of its daily titles, Express & Star and the Shropshire Star, are Britain’s biggest selling regional daily newspapers, and sell more than 200,000 copies everyday. 1.2 Key issues The major concern facing Midland News Association is the generally lackluster trend in the industry. Declining demand constrained the UK newspapers industry…
24 pages (6024 words)
Why Sport Sponsorship is important for a company marketing strategy?
In addition to this, the research work also aims at understanding the influence of sports sponsorship on target audience. In this study, the researcher has selected a mixed research approach for this study, which includes both qualitative and quantitative research approaches. Following this approach, the study includes interview with manager of Nike and survey of Manchester United fans. The interview responses are analyzed on the basis of thematic analysis approach, whereas responses from survey are analysed statistically, which include descriptive and regression analysis of the responses. The…
45 pages (11295 words)