Reflection ............. 6 3. Future Expectations ........................................................................... 7 2 1. Knowledge Reflection Strategic Management is the spirit for a corporation all over the world. A corporate’s strategy mainly based on three steps: Identify the strategic position‚ make strategic choice and make strategic actions. Each step includes different aspects. When we identify the strategic position‚ we should analyses both internal and external environment
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* Brief Background of British Airways....................................................................................... 2 * The Marketing Mix................................................................................................................ 3 * S.W.O.T. Analysis................................................................................................................... 5 * British Airways Target Market and Positioning Strategy..........................
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4 1.2 Current Strategies 5 1.3 The Basis for Strategic Management Process 6 1.4 Stages of Strategic Management Process 7 2.0 EXTERNAL ANALYSIS 8 2.1 PESTEL Analysis 8 2.1.1 Political 8 2.1.2 Economic 8 2.1.3 Social 9 2.1.4 Technological 9 2.1.5 Environmental / Ethical 9 2.1.6 Legal 10 2.2 Porter’s Five Forces 10 3.0 SWOT ANALYSIS 12 3.1 Strength 12 3.2 Weakness 12 3.3 Opportunities 12 3.4 Threats 13 4.0 Strategy Formulation 14 4.1 Difference between Corporate and Business Strategy 14 5.0 Porter’s
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British Airways – Operational Environmental Introduction British Airways (BA) is the UK’s largest international scheduled airline‚ currently flying to over 550 destinations. The British Airways group consists of British Airways Plc and a number of subsidiary companies including‚ among others‚ International Aeradio‚ British Airways Helicopters serving mainly the North Sea oil rigs and British Airways Holidays Limited (BA 2008)and (Encyclopaedia Britannica-a). Historically‚ British Airways was
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Body1. History of British Airways22. Current strategic situation….42.1 Internal analysis42.2 External Analysis52.3 SWOT82.4. Current strategy93. Potential Strategic options124. Recommended strategic direction with rationale164.2 Strategy Evaluation175. Identification of critical success factors186. Performance measurement criteria197. Conclusion218. Bilbliography249. References24Executive SummaryThe main aim of this report is to undertake a review and analysis of British Airways. It is UK’s leading
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2009 Structural Perspective: British Airways André Costa Choi Sin Man Jiyun Baek 0 1 – Introduction In different working fields‚ companies face the pressure of globalization‚ and they must find new ways to overcome this challenge. The following example‚ introduces the case of British Airways‚ which needs to deal with the globalization issue trying to reduce the operational costs‚ increase profits and provide suitable services to customers. According to British Airways annual report from 2008/2009
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Ryanair’s Strategy Introduction Ryanair is an airline company‚ which is well known for its low cost airline service across Europe. Christy Ryan‚ Liam Lonergan and note Irish businessman‚ Tony Ryan‚ founded the company in 1985 in Ireland (with a share capital of only £1 and 25 employees according to Business-market.com). Ryanair was restructured in 1991 by Michael O’Leary. He reported revenues of €3‚629 Billion for the fiscal year of 2011‚ bringing profits of €374‚6 Million‚ leading Ryanair as on the
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Strategy formulation process The success of an organisation in an increasingly competitive environment is dependent on the strategy which will differentiate an organisation from its competitors. In this context it is useful to consider strategy formulation as part of a strategic management process that comprises three phases: diagnosis‚ formulation and implementation. Strategic management is an ongoing process to develop and revise in future oriented strategies that allow an organisation to achieve
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commissioning a series of articles introducing principles of Human Resource Management (HRM) to senior managers from other functional management areas. The first article is entitled ‘Ensure the success of your business through effective human resource strategies’ Your article must be suitable for senior managers and written in a style appropriate for a professional journal. You should refer to relevant theory. You may use diagrams and illustrations if you wish. The article must cover: A definition of
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Assignment Case Study Read the information about British Airways. Carry out further research by reading the latest BA annual report and articles related to employee relations at BA. The suggested titles are not exhaustive and you should find further sources. British Airways British Airways was formed in 1974 from its predecessors merging. Theses airlines were the former BOAC and BEA. British Airways was known as the ‘flag carrier’ airline for the UK‚ meaning it was the national airline and owned
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