Corporate-level strategy is focused mainly on the decisions over the scope of the firm ’s activities‚ mainly: product scope‚ geographical scope‚ and vertical scope. One of the myths of corporate-level strategy is that strategy formulation can be separated from implementationthat strategy is constructed first‚ then the appropriate management and organizational structure is selected afterwards. Unfortunately‚ this will result in a poorly designed strategy since it does not take into account the
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Personal values & Corporate Strategy What are personal values? A value is a belief‚ a mission‚ or a philosophy that is meaningful. Whether we are consciously aware of them or not‚ every individual has a core set of personal values. Values can range from the commonplace‚ such as the belief in hard work and punctuality‚ to the more psychological‚ such as self-reliance‚ concern for others‚ and harmony of purpose. When we examine the lives of famous people‚ we often see how personal values guided
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The most valuable gift It only takes a few seconds to realize how under-appreciated the gift of life really is. I can still remember the exact moment in which I began to understand that life is the most valuable gift that I have ever been given. Never again since that moment have I forgotten how quickly that gift can be taken away. A few seconds earlier or later‚ a few inches left or right‚ or maybe just a little less luck could have changed what turned out to be a life-altering experience into
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multinational oil company headquartered in London that: Operates petrochemical businesses worldwide through the network of its subsidiaries and retail brands(Amoco; ARCO; BP Express‚ BP Connect; BP Travel Centre; ampm; Burmah Castrol etc) Participates in London Stock Exchange‚ IPO in New York Stock Exchange. and is listed in the FTSE 100 Index; BP Amoco strong brand loyalty for oil; Strong brand management driven by the ‘Beyond Petroleum’ slogan. BO Q3 net profit increase by 83% due to record
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WHAT IS CORPORATE STRATEGY? Although strategy has different definitions by various authors‚ to understand Corporate Strategy we begin by defining strategy. "Strategy is the direction and scope of an organization over the long-term: which achieves advantage for the organization through its configuration of resources within a challenging environment‚ to meet the needs of markets and to fulfil stakeholder expectations” (Johnson‚ Scholes & Whittington‚ 2008). From the definition given by Johnson
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socially responsible are: 1. Values: Develop a clear set of values and operating principles that every employee or member of the company takes to heart. 2. Commitment from the top of the company: As mentioned earlier‚ this is basic because if the top managers are not willing to be open and honest about their company’s real situation and areas of opportunity‚ how can we expect anyone else to be. 3. Determine structure‚ measurements and mechanisms to evaluate progress: We need to do this taking
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3 Most Valuable Things to Me The first thing valuable to me is God‚ he gives me the strength to get up everyday and want better‚ he gives me health‚ a wonderful life‚ a blessed mother and family. He also valuable‚ because he watches over me everyday and makes sure I’m ok‚ he made very unique and I thank him everyday. The second thing valuable to me is my mother. She motivates me to get a education and want to become a better person. She is one person that I can rely on to get anything I need
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Discounted Cash Flow Valuation – Proved Developed Reserves Discounted Cash Flow Valuation – Proved Undeveloped Reserves Discounted Cash Flow Valuation – Probable Reserves Discounted Cash Flow Valuation – Possible Reserves Question 3 To value MW Petroleum we would consider the assets in place and the option bearing assets discretely. The assets in place consist of the proved developed reserves since they are already producing a determinable quantity of oil and natural gas‚ as well as the
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Blue Ocean Strategy Institute BOS022 How Apple ’s Corporate Strategy Drives High Growth 10/2012-5860 This case was written by Oh Young Koo‚ Institute Fellow of the INSEAD Blue Ocean Strategy Institute‚ under the supervision of W. Chan Kim and Renée Mauborgne‚ Professors at INSEAD. It is intended to be used as a basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative situation. Copyright © 2012 INSEAD TO ORDER COPIES OF INSEAD CASES‚ SEE
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Five P’s of Strategy Alicia Wiley AH543 Healthcare Strategic Mgmt January 25‚ 2015 Henry Mintzberg has proposed the concept of strategy by defining 5 Ps (Mintzberg‚ 1987). Each of the 5 Ps is a different approach to strategy. They are plan‚ ploy‚ pattern‚ position and perspective. Plan Strategy is a plan or future course of action that is consciously intended to deal with the situation and acts as a guideline (Mintzberg‚ 1987). This means that any act done purposefully and carefully
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