How to influence people in the striving towards organizational goals Emma Carlsson and Ann Schurmann Sammanfattning Abstract Background: A constant market pressure on companies to increase their competitiveness has compelled managers to explore business models outside of the traditional ones. The Shared Service Center (SSC) forms part of these untried models‚ and since research is scarce‚ there are no obvious paths to follow for the design and use of management control systems in SSCs. Purpose:
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1. The Tata Group Tata companies operate in seven business sectors: communications and information technology‚ engineering‚ materials‚ services‚ energy‚ consumer products and chemicals. They are‚ by and large‚ based in India and have significant international operations. The total revenue of Tata companies‚ taken together‚ was $70.8 billion (around Rs325‚ 334 crore) in 2008-09‚ with 64.7 per cent of this coming from business outside India‚ and they employ around 357‚000 people worldwide. The Tata
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Executive Summary The Background The case revolves about Astrigo home-improvement stores‚ and Robin Astrigo is the CEO of the Company. Robin’s father started this business since 1968 & he had run the firm capably since his father’s death in 1996. Now the current scenario is- Astrigo is through financial crisis. His father always insisted on keeping several million dollars in the bank just in case the company needed to make critical acquisitions. And his father also taught Robin that to keep
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and addressing them quickly enough--- so the brand becomes somewhat tainted The business is still growing with another merger on the horizon so something must be done to address their problems There is lots of inside hiring and a lack of outside perspective They are now trying to maintain a balance between the controls throughout the firm that are necessary to protect its reputation and the freedom for the business units that can allow it to keep growing Portfolio Management Data/Analysis Financials
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thanks to its diverse business portfolio‚ the company has been able to achieve a turnover of more thanRs.3‚ 500 Cr. The company has a dedicated R&D infrastructure and team in line with consistent policy of the company to meet the technological demands through in-house R&D and strategic technical tie-ups with global players. The company operates under three major Business verticals - viz. Mining & Construction‚ Defence and Rail & Metro. There are three Strategic Business Units (SBUs) of BEML: • Technology
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to continue doing business in traditional ways and avoid electronic commerce. * Traditional commerce is a better way to sell items or services when personal selling skills are a factor‚ as in commercial real estate sales; or when the condition of the products is difficult to determine without making a personal inspection‚ as in the purchases of high-fashion clothing‚ antiques or perishable food items. 2. Figure 1-5 lists roommate-matching services as a type of business that is well-suited
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Guillermo Alfaro Carvajal Financial Perspective * Building a B.S should encourage business units to link their financial objectives to corporate strategy * The financial objectives serve as the focus for the objectives and measures in all the other scorecard perspective Linking financial objectives to business unit strategy Stages of business life cycle Growth: they have to commit considerable resources to develop and enhance new products and services‚ construct and expand production
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American Strategic Planning Institute since 1975. It was initiated by senior managers at GE who wanted to know why some of their business units were more profitable than the others. With the help of Sidney Schoeffler they set up a research project in which each of their strategic business units reported their performance on dozens of variables. This was then expanded to outside companies in the early 1970s. The initial survey‚ between 1970 and 1983‚ involved 2‚600 strategic business units (SBU)‚
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many different things. Introducing a new enterprise resource planning system in order to coordinate and standardize internal processes is an organizational change. So is shutting down a factory‚ selling off a noncore business‚ or laying off employees. How about introducing a new business model to meet innovative competitors‚ adopting a new pay-for-performance system to motivate individual effort or a stock option plan to encourage a shared sense of ownership in the company? Entering global markets‚
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competitiveness‚ and hence the attractiveness and profitability of different markets and market segments. It is important for business managers to realize that a 5 forces analysis should be conducted at the level of strategic business units (SBUs)‚ and not at the level of the whole organization. Many larger companies have several SBUs conducting business in different markets that serve many different customer segments. Likewise‚ these SBUs may have completely different suppliers‚ competitors
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