Thursday, February 27, 2020

Applied Research Technologies Case Study Example | Topics and Well Written Essays - 1250 words

Applied Research Technologies - Case Study Example These include; healthcare, energy, industrial automation and HVAC. However, this decentralized management philosophy is also coupled with an innovative and entrepreneurial culture creating a good mix for business integration. This has seen the company dedicate itself to supporting innovations through funding and organizational practices with each division required to have products developed in the last four years comprise at least 30% of the sales (Bartlett and Beckham 2). With such a promising resume, the company’s CEO David Hall began pushing for the increase of ART’s global presence that saw the creation of the Filtration Business Unit in 1996. The filtration unit is a business that ART acquired from an oil and gas exploration services company with the core interest being the provision of mobile water treatment services to exploration companies enabling the meeting of the threshold set by the government for water recycling. However, the incorporation of Chinese firms commoditized the sector which reduced the margins of profits (Bartlett and Beckham 3). The effect was that ART decided to develop new technologies and products which resulted in a couple of high profile failures. One of these failures was the multi-million dollar mini water oxidation project spearheaded by Peter Vyas, the business manger of the filtration Unit (Bartlett and Beckham 2). The project that had been the works before Vyas was promoted consisted of a small-scale oxidation system without bulky equipment capable of waste water into clean and safe drinking water in a matter of minutes with technology sourced from an Indian start company. Although it had potential to be a big success but problems in the design, development and marketing strategies had resulted in the failure of the project in two phases. However, the management of the unit still wants to see the

Tuesday, February 11, 2020

Organisational Strategy & Decision Making Essay

Organisational Strategy & Decision Making - Essay Example Marketing efforts is a dynamic concept and demand company to regularly monitor and assess marketing capabilities. The assessment of the strategic and marketing position is done with the help of strategic tools and techniques like Ansoff’s matrix and Porter generic competitive strategies. The recommended strategic actions are also provided in accordance with the strategic analysis done with the help of above mentioned tools and techniques. 2 Table of Contents 3 Introduction 4 Introduction Starbucks Corporation, a global and reputed American coffee company engages in the selling of coffee, hot and cold drinks, other beverages and items such as cups, tumblers, and mugs. The coffee products of the company hold big image and reputation across the world with the market capitalisation of $40 billion and with the sales of 1.2 billion pounds (Starbucks Jumps as Profit Increases on U.S. Sales Gain 2012). Starbucks Corporation functions on the basis of mission statement-‘to inspire and nurture the human spirit, one cup and one neighbourhood at a time’ (Starbucks Corporation 2012). The company is dedicated towards sourcing finest quality coffee beans in order to deliver enriched quality coffee to its customers and known for their genuine service, pleasing atmosphere, and superior quality. The underlying essay aims at analysing and reviewing strategic position of the company in order to determine its strategic position. Internal and external audit has also been performed in order to gain idea about the internal and external environment of the company. Analysis of strategic position helps in outlining appropriate strategic action that should be adopted by the company in coming period. Internal and external audit Internal and external audit analysis of the business organisations are performed with the purpose of gaining idea about their existing capabilities and limitations. Business plans and strategies are formulated in light of assessed capabilities and limitations. In this regard, tool named SWOT analysis has been used in order to gain idea about their existing strategic capabilities. SWOT analysis represents strength, weakness, opportunities and threats. Strength and weakness analysis will represent internal audit for company while opportunities and threats will provide external audit of the company. Internal audit The most apparent strength for the company is strong brand image and identity of the company in the coffee business. Starbucks owns an impeccable and recognisable brand image in the coffee business. The strong brand image and identity facilitate the company to gain strong foothold and enters new markets across the globe. The company owns deep product portfolio with distinct features like Gourmet Coffee, regular drip coffee, Frappuccino blended coffee, and many more. The deep product portfolio enables the company to target wide customer base and delivering enriched purchase experience. The product quality and excellent customer service complements and support the existing brand image of the company (Starbucks raises 2013 forecast, defies industry trend 2012). The regular and active involvement of company in environmental and ethical practices acts as another strength for Starbucks. Eco-friendly practices related to energy conservation, climate controlling and maintenance are some of such eco-friendly practi