Thursday, March 19, 2020
Anna Freud essays
Anna Freud essays My name is Anna Freud and I was born on December 3 1895 to Martha and Sigmund Freud. I was considered to the founder of child psychoanalysis. I began schooling at the age of 6, in 1901.I loved to read and write but I didnt really learn much in school. When I was 14, I read one of my fathers books for the first time. I wrote him a letter telling him I was not horrified, but extremely interested in what he was studying. After becoming an elementary teacher and moved to England. In 1914, she began asking her father for the clarification of his psychoanalytic terms. This is the first time she became directly related with his work. In 1920 my sister Sophie became ill with influenza and was killed. This forced me to give up my teaching position permanently. In 1922 I was eager to become a member of the International Psychoanalytic Congress. It was required to an analysis of a patient. Since I did not have any patients I decided to give a self-analysis. I was then accepted in to the practice and immediately began traveling throughout Berlin to set up a practice. In 1925 I was on the executive board of the Vienna Psychoanalytic Institute. From 1934-1936 I spent the majority of my leisure time writing The Ego and Mechanisms of Defense. This focused on ego began a movement in the psychoanalytic circles, called ego psychology. In 1940 I set up the Anna Freud Centre to focus on children illnesses. It is now the worlds leading clinic for psychoanalytic child psychotherapy, dedicated to the well being of children and their families. ...
Monday, March 2, 2020
The Ancient Spartans Had a Murderous Secret Police
The Ancient Spartans Had a Murderous Secret Police If 300 taught us anything, its that the Spartans were a hardy and courageous group. But they werent the nicest to their own people, punishing young people brutally for infractions, and even utilizing the youth as a secret service! Meet the krypteia, a sort of Hitler Youth of Sparta. When a Training Procedure Goes Really,à Really Wrong According to ancient sources, the krypteia were as vicious as they came. Its members were chosen for their discretion and probably their hardiness, intelligence, and resourcefulness. As Plato has Megillus recount in hisà Laws,à Spartan youths underwent training, widely prevalent amongst us, in hardy endurance of pain in the form of beatings, but it was the krypteia that was the most brutal of all. That kind of work was a wonderfully severe training. So what was their deal? Apparently, the idea for the krypteia mightve come from theà laws of Lycurgus,à the king of Spartan legalese; his reforms were, according toà Plutarch,à efficacious in producing valour, but defective in producing righteousness.à Writes Plutarch: I certainly cannot ascribe to Lycurgus so abominable a measure as the ââ¬Ëkrypteia,ââ¬â¢ judging of his character from his mildness and justice in all other instances. Over time, the krypteiaà evolvedà from a form of uber-advanced fitness training to a sort-of-secretà guerrillaà force. The group appears to have had some representation in the mainstream Spartan army, as well; in Plutarchsà Cleomenes, a fellow named Damocles is given the title of commander of the secret service contingent. Butà Damoteles doesnt getà the greatest rep - he was bribed to betray his own people toà the enemy - and the people he represented seem to have been even worse. The organization of the krypteia seems to have been in direct opposition to the regular hoplites inà the Spartan army, as if the very way it was set up made it different of special. The hoplites were organized, fought in a phalanx, and worked as a team; in contrast, the krypteia fought in secret, went out inà irregular groups and missions, and stayed away from Sparta proper, working and living onà the frontier. The Bad,à the Worst, and theà Really Ugly As Plutarch tells it, the Spartan leaders would periodically send the young men of the krypteia out into the country at large. What for, you might ask? The young soldiers would hide themselves until they came across groups of people called helots.à At night, they came down into the highways and killed every Helot whom they caught. Even during the day, the krypteia massacredà the helots working in the fields. Theà Ephors, the leaders of Sparta, made formal declaration of war upon the helots, in order that there might be no impiety in slaying them. Perhaps, as some scholars have theorized, serving in the krypteia allows soldiers to practice stealth and cunning .But what the krypteia did was basically state-sanctioned massacre! Who were the helots? Why did the Spartan magistrates commission their young warriors to kill them? The helots were serfs owned by the Spartan state, basically slaves; the Roman historian Livy claims that they were a race of rustics, who have been feudal vassals even from the earliest times.à The krypteia was a force the government utilized to keep the helots in their place,à accordingà to Brandon D. Ross.à Aristotle discusses the helots in hisà Politics, saying that the mere necessity of policing a serf class is an irksome burden. What freedoms do you give them? How much leewayà shouldà they get? he asks. The relationship between the Spartans and the helots was fractious at best. Once upon a time, the people of Spartan-ruled Messenia and the helots revolted against the Lacedaemonian lords. They tookà advantage of the chaos that ensued after the earthquakes of 464 B.C., but that didnt work, and the Spartans kept up their cruel treatment.à How else did the Spartans torture the helots? Heres our pal Plutarch: For instance, they would force them to drink too much strong wine, and then introduce them into their public messes, to show the young men what a thing drunkenness was. They also ordered them to sing songs and dance dances that were low and ridiculous, but to let the nobler kind alone. The Spartan torture of the Helots wasnt a one-time thing. On one occasion, Livy recounts how, being charged with an intention to desert, they were driven with stripes through all the streets, and put to death. Another time, two thousand helots mysteriously disappeared in a possible act of genocide; then, on a different occasion, a bunch of helots were suppliants at the minor Temple of Poseidon Taenarius, but were seized from that sacred spot. That kind of sacrilege - violating the sanctuary of a temple - was as awful as it got; the right of asylum was a truly valued one. Shame on Sparta!
Saturday, February 15, 2020
Implication of Dicey's Definition on the Rule of Law Essay
Implication of Dicey's Definition on the Rule of Law - Essay Example Implication of Diceyââ¬â¢s definition on the ââ¬Ërule of lawââ¬â¢; The implication of Dicey definition can be explained in three-fold: to prevent state from harassing citizens by means passing dubious laws, to exude the notion that everyone is equal in the eyes of the law and finally to protect the rights of the common citizen by limiting action of the state2. The role of prerogative powers was to offer flexible remedies where common law failed. This is due the rigidity of the common law3. In todayââ¬â¢s world the control of exercise of the prerogative powers is normally exercised by way of judicial review4. Since there is no codification of the prerogative powers, the judicial officers through the judicial review process have become the final arbiters in determining what actually forms the prerogative powers. It is also concerned with checking the extent to which such powers are used (Pollard D et. Al 2007 p 42). In the enjoyment of prerogative powers it is important tha t these powers are actually defined and given a scope that is quite free from discretionary interpretation as this brings about a lot of inconsistency in interpretation of the law (Brayzer R, 1999 p 339). The English courts have given a wide interpretation of prerogative. In a decision in the case R v Secretary of State for the Home Department, ex parte Northumbria Police Authority5 prerogative powers was taken to mean doing whatever was necessary in order to avert what is considered threat to peace. The Dicey construction or rule of law makes every citizen have equal rights in the eyes of the law (Dicey A.V 1959 p 424). Upholding this, Lord Denning in the English case of Gourriet v. HM Attorney General6 stated that ââ¬Å"Be you ever so high, the law is above you. The Attorney General has no prerogative to dispense with or suspend the law of England." This is always the prima facie stand in terms of being equal in the eyes of the law (Pollard D et. Al 2007 p 42). This has raised se veral debates. When we say equality before the law should mean that no one has special treatment yet at the same time the prerogative powers are enjoyed only by the Crown7. The scope and general prerogative powers It is quite difficult to actually and narrowly determine the province of prerogative powers8. Prerogative powers exist by the dint of common law. No new prerogatives can be established (Pollard D et. Al. 2007 p 82) . However, prerogatives can be abolished through enactment of statutes. Prerogative has to be exercised in accordance with the statute. This was shown in R v. Secretary of State for Fire Department ex parte Fire Brigade Union9. This case showed that there was no prerogative to deviate from what the statute clearly stated. Here the secretary of state was precluded from implementing another statutory in lieu of the one that the statute had provided for. The prerogative powers exists in the form of the Crowns powers to appoint the Prime Minister, the power of Royal mercy among others. Historical origin and developments In the history the prerogative were vested on the King or the Crown. The King then delegated the judicial powers to the judicial officers who then who exercised the prerogative on the behalf of the Crown. The constitutional Convention is the rules that are used for determining the mode in Crown exercises its discretionary powers. These discretionary pow
Sunday, February 2, 2020
Build Employee Loyalty with Alternative HR Benefits Essay
Build Employee Loyalty with Alternative HR Benefits - Essay Example ed in prioritizing the employees and the members of the workforce is more essential than the operational and maintenance costs that can be saved in having people work in short terms or in laying employees off, which can be considered as the main trend in the current business world due to the different crisis experienced both in the national and the international community (Reichheld & Teal 96). There are different advantages that can be derived from the maintenance and improvement of employee loyalty. One is the improvement in terms of the quality of work delivered by the employees on the basis of different reasons that can be considered as the management techniques of the company. The employees that are satisfied and motivated in the responsibilities held can be considered to positively contribute to the uplifting of the whole organization (Reichheld & Teal 96). Another is the achievement of the important contribution of the employees in the process of maintaining customer loyalty. It had been considered that the loyalty of the clientele of a particular company can significantly be related to the loyalty of the employees. In addition, the importance that is given to the loyalty of the clients should be the same for the loyalty of the employee to be able to achieve the success that the organization is aiming for (Reichheld & Teal 96). In the trade and business, the loyalty of the employees is promoted on the basis of the need to maintain the trade secrets and techniques of a particular company. This is important specifically due to the fact that the clients along with the different methods within an organization are entrusted to an employee. Due to this reason, employees have the responsibility to keep the trust of the company. This can be considered a duty but the quality of work as well as the dedication of the employees can be related to the loyalty which can be incurred through different methods within the administration and management of the company
Saturday, January 25, 2020
The Gothic Genre and What it Entails Essay -- Gothic Criticism
"The invaluable works of our elder writers re driven into neglect by frantic novels, sickly and stupid German Tragedies, and deluges of idle and extravagant stories in verse. The human mind is capable of being excited without the application of gross and violent stimulants.." William Wordsworth, Preface to The Lyrical Ballads, 1802. "..Phantasmagoric kind of fiction, whatever one may think of it, is not without merit: 'twas the inevitable result of revolutionary shocks throughout Europe thus to compose works of interest, one had to call on the aid of Hell itself, and to find things familiar in the world of make believe.." Marquis (Donatien Alphonse) de Sade, "Reflections on the Novel.", 1800. Gothic literature has been an area of critical contention since Horace Walpole's seminal Gothic novel, The Castle of Otranto, was published in 1764. Although vilified by much of the contemporary press the Gothic had its champions, many of whom were also its practitioners including Walpole, the subsequent generation's Anne Radcliffe and the Marquis de Sade who had his own brand of highly sexualized Gothic. Despite these voices, Gothic was still a marginalised genre in its incipient days, at least in the bulk of critical writing (this is the view of most contemporary historical overviews e.g.: Sage, Botting, Kilgour). Many critics writing at the time of the Romantic Gothic (i.e: Gothic written during the arbitrary period of Romanticism) considered such novels to be sensationalist, trashy and "completely expurgated of any of the higher qualities of mind" (Peacock quoted in Sage, 11). I think this is an unfair judgemen... ...------------------------------------ [1] Most quality Gothic books are likewise referential or intertextual. Frankenstein draws on a rich lineage of Romantic favourites from Milton to Goethe through Godwin up to Percy Shelley. It is from these books the monster learns his culture thus his humanity. Melmoth has frequent allusions to contemporary romance e.g.: "Romances have made one familiar with tales of subterranean passages and supernatural horrors." (Maturin, 191). [2] The same thing occurs in Pier Paolo Pasolini's film version of 120 Days via the use of altered lighting, camera angles and wall paintings to the subtle distortion of the physical surroundings. [3] The Midnight Bell by Francis Lathom. David Punter, in The Literature of Terror, refers to it as one of a "morass" that "flooded the market" (114).
Friday, January 17, 2020
Competitive Strategy Essay
ââ¬Å"Successful and unsuccessful strategies shape a companyââ¬â¢s destinyâ⬠ââ¬â R.A. Burgelman, Strategy is Destinyâ⬠¦ Competitive Strategy is the high-level strategy used by the firm to realize its business goals, and in particular, profitability, in the face of competition. We study competitive strategy within the overall context of technology firms, which operate within a so-called industry, e.g., the computer industry, the consumer electronic industry, the cellular phone industry. Each industry, ideally, serves a market, which denotes the buyers or customers of the products and services offered by the industry. The function of strategy, which has a time horizon of years, is, in general, to set the long-term direction or position of the firm, for example define the technology, product, or service that the firm intends to develop, and determine the intended market for the product or service. The function of planning, which, in general, has a time horizon of sever al months to years, is to translate long-term strategy into medium-term activities, e.g., the portfolio of projects that the firm should execute the time-phased planning of these projects, and resource allocation. The function of operations, which has the time-horizon of days to months, is, in general, to translate medium-term planning activities into short-term product design, development, and delivery activities such as prototyping, manufacturing, product release, and shipment. No company can follow only one strategy. For example, Johnson & Johnson uses one marketing strategy for its common product such as BAND-AID & Johnsonââ¬â¢s baby products; and different marketing strategy for its High Tech healthcare products such as Vicryl Plus, antibacterial surgical sutures or NeuFlex finger joint implants. There are several different types of strategy, including competitive strategy, technology strategy, product market strategy, financial strategy, and supply-chain strategy. For a tec hnology company to be successful all these strategies need to be aligned with each other, and with the business goals of the firm. Competitive strategy, is the highest level of strategy in the firm, and is intimately related to the mission and vision of the firm and also to setting the direction for all the other strategies in the firm. There are several schools of strategy formation: design, planning, positioning (Mintzberg, 1998). We focus on two important schools or frameworks for strategy-creation or ââ¬Å"strategy-makingâ⬠that are particularly important for high-technologycompanies. The first framework is the so-called ââ¬Å"positioningâ⬠approach due to Porter (Porter, 1980), In this approach strategy is viewed as taking a generic position in a competitive market and which views strategy-making as an analytic process performed at the industry-market structural level (Porter, 1980) and the resulting dynamics between functional groups of players (e.g., competitors, suppliers) in the industry. The second framework analyzes strategy-making at the industry-level, company level, and intra-company level using evolutionary organization theory (Burgelman 2002). In this evolutionary organizational theory approach, each company is an organizational ecology within which strategy emerges through two basic mechanisms, external selection and internal selection. When companies start, because they are new and smallà ¸ the external selection mechanism dominates. As a company grows in size and becomes more established, internal selection plays an important role. Based on e volutionary organization theory, views strategy-making as an evolutionary process performed at three levels: industry-company level, company-level, and intra-company level. When these two frameworks are combined, an integrated approach to competitive strategy emerges: from industry-market level all the way to intra-company level. A unique aspect of creating competitive strategy for a company, and in particular, a high-technology company, is that the time-scales for the evolution of markets, industries, and technologies are, in general, much shorter (ââ¬Å"fasterâ⬠) compared to other industries. Therefore, the strategy frameworks of the positioning school needs to be augmented with functional maps (Clark and Wheelwright, 1993), which capture the evolution of the market, industry, and technology relevant to the company, and which can therefore be used to create strategy. The objectives of this chapter are as follows: 1. Describe the positioning framework for the creation of competitive strategy. 2. Provide an integrated competitive strategy process which is useful in developing competitive strategy in a technology company. 3. Demonstrate the application of the process of competitive strategy The objective of technology strategy (Clark and Wheelwright, 1993) is to guide the technology company in developing, acquiring, and applying technology for competitive advantage. An important part of technologystrategy is the definition of technical capabilities (e.g., advanced device design, rapid prototyping, automated assembly) that provide competitive advantage. The objective of product/market strategy is to clearly establish the following: define what differentiates the product from its competitors; identify market segments for the product, the customer needs of these segments, and the corresponding products (i.e., product lines) that will be offered to these segments; etc. An important outcome of produc t/market strategy is to define the product roadmap, including sales volume and price, necessary to realize the business goals. However, in the rapidly evolving industry and market landscape of high-technology, competitive strategy, in turn, depends on three levels of ââ¬Å"strategy-makingâ⬠as follows (Burgelman, 2002): 1. Industry-company level. At this level the firm must determine its strategic position, its core competencies, and its strategic action. 2. Company level: At this level strategy-making involves induced strategy and autonomous strategy. 3. Intra-company level: At this the internal level autonomous strategy is created. In successful companies, it is the tight coupling of strategy these three levels of strategy-making with the highest-level (i.e., industry-market level) competitive strategy that, results in successful strategic action where what the company actually does, e.g., the product lines it develops and markets, results in the realization of its business goals. It is also useful to mention two other strategies that are closely related to competitive strategy. Financial strategy in cludes issues such as capital budgeting and portfolio management, i.e., deciding on which technology and product development projects to fund in order to maximize the cumulative expected profit. Another important and related strategy is supply chain strategy (Chopra), which specifies the service, distribution, and operations functions, performed either in-house or outsourced, that the company should do well in order to successfully realize its intended competitive strategy. The ââ¬Å"Positioningâ⬠Framework We first present a historical overview of the positioning or analytic school of strategy. Then, we develop the five forces framework (Porter, 1980) and the approach to creation of competitive strategy that is closely related to the five forces framework. We will use the personal computer industry to illustrate the approach. The positioning school of strategy which emerges from the competitive school is based on the following assumptions (Mintzberg, 1998): the marketplace is competitive strategy is a generic position in the marketplace; strategy formation is the selection of a generic position based on analysis. The underlying assumption is that industry or market structure drives position which drives the organizational structure of the firm. Matrices like the Boston Consulting Group (BCG) introduced two techniques: the growth-share matrix, and the experience curve. The growth-share matrix for a firm, developed in the early 1970s, is a 2Ãâ"2 matrix with ââ¬Å"growthâ⬠along one dimension, and ââ¬Å"market shareâ⬠along the other dimension. Each of these variables can take two values, ââ¬Å"highâ⬠or ââ¬Å"lowâ⬠resulting in a 2Ãâ"2 matrix. Therefore, the product portfolio of a firm can be decomposed into four combinations of growth and market share, each with a well defined meaning: (High growth, high market share) or ââ¬Å"starsâ⬠, (high growth, low share) or ââ¬Å"question marksâ⬠, (slow growth, high share) or ââ¬Å"cash cowsâ⬠, and (slow growth, low share) or ââ¬Å"dogsâ⬠. The approach to strategy using this matrix would be to have a portfolio balanced mainly between cash cows (the stable business of the firm, e.g., ââ¬Å"MACâ⬠computers in the case of Apple) and stars (e.g., the iPod, in the case of Apple). The experience curve, developed in 1965-66, is based on the idea that accumula ted experience by a firm influences costs and prices. The claim ââ¬Å"for the experience curve was that for each cumulative doubling of experience, total costs would decline roughly 20% to 30% because of economies of scale, organizational learning, and technical innovationâ⬠(Ghemawat, 1999). In 1971, the consulting firm McKinsey came up with the GE/McKinsey nine-block matrix called the Industry Attractiveness-Business Strength matrix (Ghemawat, 1999), which plotted business strength [High, Medium, Low] along one axis, and industry attractiveness [High, Medium, Low] along the other axis. The basic idea was to divide the company into ââ¬Å"strategic business units (SBUs)â⬠, and then make the appropriate strategic recommendations for each SBU depending on its ââ¬Å"locationâ⬠in the matrix. The Five Forces Framework and Competitive Strategy In this framework there are two high-level stages in the creation of competitive strategy, each stage corresponding to a high-level determinant of profitability mentioned in the previous section. The first stage is the assessment of the attractiveness of the industry in which a given company is embedded based on a structural analysis of the industry. In this stage, called the five forces framework, five forces that influence industry attractiveness are identified, as well as the factors (e.g., number of competitors, size of competitors, capital requirements) that determine the intensity of each force and therefore the cumulative intensity of the five forces. The purpose of the five forces framework is to relate the degree (or intensity) of competition in a given industry, as qualitatively measured by the combined strength (or intensity) of five forces, to the attractiveness of the industry, defined as its ability to sustain profitability. Based on the structural analysis, a particula r company may be in a very attractive industry (e.g., pharmaceuticals) or in an unattractive industry (e.g., steel). However, though a firm exists in an unattractive industry, it can still be highly profitable by choosing the proper competitive position within the industry, for example, e.g., a mini-mill such as Nucor in the steel industry in the nineteen-eighties (Ghemawat). The second stage of strategy creation addresses the competitive strategy available to the firm in order to achieve a strong competitive position. Ideally, a firm would want to be in a very attractive industry (e.g., pharmaceuticals) and have a strong competitive position (e.g., large pharmaceutical firms such as Smith Klein or Glaxo) within the industry. The five forces framework for the structural analysis of an industry is as follows. First, we define the following terms used in the structural analysis of the industry: industry, market, competitors, new entrants, substitutes, buyers, and sellers. The term ind ustry denotes (1) the manufacturers (or producers) and (2) the suppliers of a primary product or service, as well as (3) the manufacturers of alternative products and services that could serve as a substitute. For example, the (conventional) personal computer (PC) industry would include PC manufacturers like Dell and Apple, suppliers of semiconductor chips like Intel and Micron, suppliers ofdisc drives like Seagate, suppliers of software such as Microsoft, etc. Substitute products could be pen-based tablet PCs or small hand-held personal digital assistants (PDAs). In the five forces framework described below, manufacturers and producers will designated as (1) competitors in the industry if they already have established products, or (2) new-entrants if they are trying to enter the industry, or (3) substitutes, if they provide alternative (substitute) products. The term market denotes the buyers (or customers) of the product or service. For example, the market for PCs would include enterprises and individual consumers. The analytical process of strategy analysis and creation can be decomposed into the following five steps. 1. Create a map of the industry in which the technology company is em bedded. There are five key sets of players that constitute the business landscape: competitors, new entrants, substitutes, suppliers, and buyers. Identify key players (companies) for each industry. 2. Perform a five forces analysis of the industry structure. The five forces that influence the intensity of competition in a particular industry, and therefore the profitability of the firms within the industry: Force 1: the degree of rivalry (or competition) between the competitors; Force 2: the threat of new entrants (or the inverse of this force, the barrier to entry); Force 3: the threat of substitutes; Force 4: Buyer Power (to demand lower prices); Force 5: Supplier Power (to increase material prices). For each force, determine the key structural determinants which affect the intensity of the force. Porter and Ghemawat provide a detailed set of the determinants for each force, some of which are given in the table below. In the last column of this table we indicate plausible values o f each force for the PC industry in the nineteen nineties. Table 1 |Force |Key Determinants |Strength of the force | |Rivalry between competitors |Concentration (number) and size of |Medium to high | | |competitors | | | |Fixed costs/value added | | | |Brand indentity | | |Barrier to entry |Economies of scale |Medium to high | | |Brand identity | | | |Capital requirements | | |Threat of substitutes |Price/Performance of substitutes |Low to medium | | |Switching costs | | |Buyer Power |Buyer concentration | | | |Buyer size (volume) |Medium to high | | |Switching costs | | |Supplier Power |Supplier concentration |Low to medium | | |Supplier size (volume) | | | |Switching costs | | In theory, one would, qualitatively determine the strength of each force, as indicated in the third column of the above table, and then determine the cumulative or combined intensity of the five forces. The collective intensity or strength of the forces will determine the structural strength of the industry, as characterized by attractiveness, or the profit potential of the industry. The profit potential is measured by the long term return on invested capital (ROIC). If the collective strength of the forces is high, as in the steel industry, then the corresponding profit potential or attractiveness is low, and vice-versa. At one extreme of this analysis is the perfectly competitive free market, where there are numerous firms alloffering very similar products that cannot be differentiated (therefore, the force of rivalry is high), entry is free (therefore, the threat of both new entrants and substitutes is high), and bargaining power of both suppliers and buyers is low. Using the PC industry of the 1990ââ¬â¢s as an example, the qualitative values of the forces shown in the last column of the above table would lead one to conclude that the cumulative strength of the five forces was medium to high, and therefore the attractiveness of the industry, i.e., its profitability, was medium to low. The PC industry in the nineteen-nineties would therefore not be attractive to new entrants, and in fact, in the early 2000s, HPââ¬â¢s computer business was unprofitable, and IBM sold its computer business to Lenovo. (It is important to note that HPââ¬â¢s unprofitability in computer business in the early 2000s cannot be attributed solely to industry attractiveness being low, but is also due to issues associated with its acquisition of the computer company Compaq.) 3. Select a competitive positioning strategy The basic premise of Porter and Hall was that for a firm to be successful (in a market) it had to compete based on one of two sources of competitive ad vantage: cost, i.e., by providing low cost products, or differentiation, i.e., by differentiating its products from its competitors with respect to quality and performance. Porter also proposed that a firm needs to select its strategic target: either offering a product to the entire market (ââ¬Å"market-wideâ⬠), or offering a product for a particular market segment. Using these two dimensions (source of competitive advantage, and strategic target), Porter proposed the following three generic competitive strategies: 1. Cost Leadership: offering the lowest costs products to the entire market 2. Differentiated: offering highly unique products (as perceived by the customer) to the entire market 3. Focus: offering products which serve the needs of a niche segment of the market Porterââ¬â¢s claim is that for a company to be successful in the industry in which it operates it must choose between one of the three generic strategies: cost leadership, differentiated, and focus. If one uses the personal computer industry in the US during the 1990ââ¬â¢s as an example, then the competitive strategies of the major players was as follows: Dell was the low-c ost leader; HP had a differentiated strategy with high-quality products; Apple had a focus strategy, targeting a narrow marketsegment of users who whom the user-experience (look, feel, and graphical user interfaces) were extremely important; and IBM had a mixed strategy. 4. Link competitive strategy to strategic planning (Ghemawat 1999) In order for a company to derive competitive advantage (or position) within its industry, the company needs to maximize, relative to it competitors, the difference between the buyerââ¬â¢s willingness to pay and the costs incurred in delivering the product to the buyer. Therefore, the next step in the competitive analysis is for the company to link competitive strategy to strategic planning by analyzing all the activities involved in differentiation and cost, and, to this end, a value chain (Porter, 1985) is an extremely important tool. According to Porter, ââ¬Å"the value chain disaggregates a firm into its strategically relevant activities in order to understand the behavior of costs and the existing and potential sources of differentiation.â⬠A three step process for using these activities, first to analyze costs, then to analyze buyerââ¬â¢s willingness to pay, and finally to explore different strategic planning options to maximize the difference between willingness to pay and cost, is developed in (Ghemawat, 1999). 5. Competitive strategy needs to evolve, especially in a high-technology company where markets, industries, and technologies, are changing relatively rapidly. A good example of the evolution of competitive strategy is IBMââ¬â¢s strategic decisions to evolve from a product-based company in the early nineties to a services-led company at the present time. In the early nineties, when the company was in trouble, IBM closely examined its business model and strategic direction, and decided to â â¬Å"stay wholeâ⬠by moving its focus from products and hardware to solutions. One result of this strategic shift was the creation of IBM Global Services in the mid-nineties. By the late-nineties the company moved into e-business solutions, and extended this model in the 2000ââ¬â¢s to ââ¬Å"business-on-demandâ⬠. One result of these shifts in strategy was IBMââ¬â¢s decision to exit the Personal Computer Market by selling its PC business to Lenovo. Functional Maps A functional map essentially is a time-based evolutionary map of a key metric for an important organizational function, e.g., a product performance metric map for the engineering function in a technology firm, e.g., the well-known Mooreââ¬â¢s Law in the semiconductor industry. Since the time-scales for the evolution of markets, industries and technologies for technology companies, especially ââ¬Å"high-techâ⬠companies, is short compared to other industries, the creation of the appropriate functional maps is critical to strategy formation in a technology company. As an example, in the relatively short span of four decades, information technology evolved from mainframes through workstations, servers and personal computers to internet-based and mobile computing. An important feature of our approach to developing competitive strategy in a technology firm is the integrated approach to strategy for a technology company, which relates company strategy to the companyââ¬â¢s busin ess goals, business strategy, technology strategy, and product marketing strategy. Since, markets, industries, technologies, and products for a technology company are continually evolving, an important concept that plays a vital role in the creation of strategy, and, in particular, competitive strategy, is the functional map (Clark and Wheelwright, 1993). Here are some useful ââ¬Å"dimensionsâ⬠along which to create functional maps for strategy creation: a) Evolution of the industry in which the enterprise operates (changes in technology, customer needs, competitive landscape, etc.) b) Evolution of strategy ââ¬â business, technology, and market ââ¬â of the enterprise c) Evolution of technology (including manufacturing), product platforms, and product lines of the enterprise. The processes used for technology, product, and process development within the enterprise. d) Growth (or decline) of the enterprise with respect to of market share, revenues, costs, profits, etc. e) Organizational structure of the enterprise f) Key decisions made at different stages in the life of enterprise, and the drivers for these decisions g) The interconnections and relationships between all the above dimensions A multi-dimensional functional map for Intel is given in the next section. A very simple example of how functional maps can shape strategy is in the information technology industry. A functional map of the Information Technology Industry from the 1990s to the 2000s would reveal a shift from ââ¬Å"productsâ⬠to servicesâ⬠. The Services business in 2007-08 is approximately $750 billion, with IBM, whose share of this market is $54 billion, being the leader. HP, whose own share in the market is $17 billion seeing this shift in the industry and the need to build competitive strength, acquired EDS, whose share of the market is $21 billion. The combined share of HP and EDS would then be $38 billion, allowing it to compete more strongly with IBM. Another simple example of the use of a functional map in creating strategy is in the software industry. In the 2000s the software market is moving from a ââ¬Å"packagedâ⬠product to online software, where individuals can get software that is mostly free, supported by advertising. Google is using its leadership on the Web to provide online softwa re that competes with Microsoftââ¬â¢s packaged software. Understanding this shift from packaged to online, and the corresponding change in the revenue model from direct sales (of product) to advertising, Microsoft is aggressively entering the online advertising business. Process for developing competitive strategy in a company If we combine the positioning framework for competitive strategy due to Porter, the evolutionary organization theoretic framework due to Burgelman, and augment these with the creation of relevant functional maps, then the resulting process of developing competitive strategy in a company can be decomposed into four stages, as follows. Stage 1: Company Analysis 1. Establish the business goals and objectives (ROI, %market share, revenue, and growth aspirations). 2. Determine the technology strategy and product market strategy for the company. 3. Define the overall development goals and objectives to align business goals, technology, and market strategies. 4. Develop the functional evolutionary maps of the markets and industry in which the company is embedded. Create functional maps (time-based evolutionary maps) for technology, product market, and manufacturing strategy of the firm. These maps will be useful in the process of assessing and creating competitive strategy. Stage 2: Industry Analysis 1. Perform the structural analysis of the industry in which the company is either an active competitor, or a new entrant, or a substitute. 2. Determine the existing competitive strategy of the company within the industry. 3. Determine the relationships between the company and the other players in the industry Stage 3: Assessment and Evolution of the companyââ¬â¢s strategy within the relevant markets and industries 1. Using the functional maps of the overall markets and industry in which the company is embedded, as well as the company specific functional maps, assess the evolution of the companyââ¬â¢s competitive strategy. 2. Decide on what the companyââ¬â¢s future competitive strategy should be, and the corresponding technology strategy, product market strategy, and manufacturing strategy. Glossary Autonomous Strategy (also see induced strategy). Autonomous strategy refers to actions of individuals or small groups within the company that are outside the scope of current high-level corporate strategy. While autonomous strategy is constrained by the companyââ¬â¢s distinctive (core) competencies, it usually (1) involves new competencies that are not the focus of the firm, and (2) results in so-called ââ¬Å"disruptive technologiesâ⬠that could change the strategic direction of the firm (Burgelman, 2002). Company Structure (vertical vs. horizontal). A vertical company is one which uses only its own proprietary technologies. A horizontal company is one which (usually because of the existence of open-standards) which does not solely rely on its own proprietary technologies, but usually uses technologies and products from other suppliers. In the computer industry, traditionally, Apple is an example of a vertical company, while Dell is an example of a horizontal company. The co mputer industry, itself, moved from a vertical structure to a horizontal structure in the 1980s (Ghemawhat, 1999). Corporate Strategy (official corporate strategy). Corporate strategy is top managementââ¬â¢s view of the basis of the companyââ¬â¢s success. It includes distinctive (core) competencies, product-market domains, and core values (Burgelman, 2002) Industry. The term industry, e.g., the consumer electronics industry,denotes (1) the manufacturers (or producers) and (2) the suppliers of a primary product or service, as well as (3) the manufacturers of alternative products and services that could serve as a substitute (Porter, 1980). Market. The term market denotes the buyers (or customers) of the product or service. Typically markets are segmented, for example, a two-dimensional segmentation based on the types of product (product segmentation) along one axis, and the types of customers (customer segmentation) along the other axis. The market, as represented by ââ¬Å"Buyersâ⬠is an important part of the industry analysis in Porterââ¬â¢s framework. Once youââ¬â¢ve established the key assets and skills necessary to succeed in this business and have defined your distinct competitive advantage, you need to communicate the m in a strategic form that will attract market share as well as defend it. Competitive strategies usually fall into these five areas: 1. Product 2. Distribution 3. Pricing 4. Promotion 5. Advertising Many of the factors leading to the formation of a strategy should already have been highlighted in previous sections, specifically in marketing strategies. Strategies primarily revolve around establishing the point of entry in the product life cycle and an endurable competitive advantage. As weââ¬â¢ve already discussed, this involves defining the elements that will set your product or service apart from your competitors or strategic groups. You need to establish this competitive advantage clearly so the reader understands not only how you will accomplish your goals, but why your strategy will work. [pic] References Burgelman, R.A., ââ¬Å"Strategy is Destinyâ⬠, The Free Press, New York, 2002. Chopra, Sunil, and Peter Meindl, ââ¬Å"Supply Chain Management, Strategy, Planning, and Operationsâ⬠, Third Edition, Pearson Prentice-Hall, 2007. Clark, K. B., and S.C. Wheelwright, Managing New Product and Process Development, Text and Cases, The Free Press, New York, 1993. Edwards, Cliff, ââ¬Å"Intelâ⬠, Business Week, March 8, 2004, Pages 56-64. Ghemawat, Pankaj, Strategy and the Business Landscape, Text and Cases, Addison Wesley, 1999. Mintzberg, Henry and Bruce Ahlstrand, and Joseph Lampel, Strategy Safari, The Free Press, New York, 1998 Porter, Michael, Competitive Strategy, New York, The Free Press, 1980 Porter, Michael, Competitive Advantage, The Free Press, New York, 1985 ââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬â Figure 1: A strategic view of the technology firm, showing different types of strategy Revenue ($), Growth (%), Etc. Purpose of the company Financial Strategy Competitive Strategy Market Strategy Technology Strategy Business Goals â⬠¢ Vision â⬠¢ Mission
Wednesday, January 8, 2020
Bmw, Good Global Citizen - 1250 Words
BMW, Good Global Citizen? Richard Kim 1A Ms. Elliot There are many multi-national corporations today striving to become economically successful around the world. But some of the MNC companies also focuses on being a great global citizen. As the term states, multi-national corporations stands for companies that work not only in one country but many around the world. While there are various companies that can be focused in this paper, BMW is going to be the main company that will be focused today. The reasons for this selection are the following: one of the most premium carmakers in history and a trust worthy brand that is recognized around the world. However, whether BMW is recognized as one of the good global citizens needs to be questioned due to their positive consequences in America but negative consequences in China and South Africa. BMW also known as Bavarian Motor Works is one of the most famous carmakers over history. They provide excellent design and advanced technologies. They are known to be advancing in 30 differ ent production sites in 14 different countries (BMW). Founded by Franz Josef Popp in 1916, despite its popularity it has today, they underwent severe challenges and obstacles to win through. BMW have three series that you can take an interest in BMW, MINI, and BMW I (BMW). These three series are not only celebrated towards its design and technology but also by their highly efficient engines emitting less than 140g of C02/km (BMW). After all, theShow MoreRelatedCompetitive Advantage And The Value Chain1400 Words à |à 6 Pagesconcerns for consumers are human rights, environmental health, and animal safety. By implementing a strong CSR program organizations will find that they value chain will become more effective and efficient. CSR in the value chain will also foster more good will with todayââ¬â¢s consumers, increase brand loyalty, and result in increased profitability. 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