Virgin background Virgin is an international investment group that operates in over 34 countries and that employs around 50‚000 people in about 400 companies worldwide. Its product ranges from mobile services to travel‚ finance services‚ music and many many more. It was funded in 1970 by Sir Richard Branson who started the company by selling cut price records by post through his Virgin Mail Order business. The company expended really quickly and is now a well-recognized and trusted brand all around
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------------------------------------------------- Case Study Review on McKinsey & Company: Managing Knowledge and Learning. Harvard Business School. Article 9-396-357. Rev. January 4‚ 2000 ------------------------------------------------- Knowledge is fundamentally a cognitive phenomenon (Geisler‚ 2007.p. 467) which is embedded in the intellectual capital: the human and structural capital (Bercerra-Fernandez‚ Gonzales and Rajiv Sabherwal‚ 2002‚ p.3) of organizations. The acquisition or to be
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assessing the internal capability of a firm is through the use of the SWOT analysis. Although it is a simplified view‚ a SWOT analysis gives a snapshot view of the strengths and opportunities on which the company needs to capitalise to create a ‘distinguishing edge’. Also‚ it is useful to see the weaknesses and threats which can challenge the competitive position of the firm. Figure 2: SWOT analysis of the Virgin Group of Companies STRENGTHS Value of the global brand Reputation Network of
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could even grasp the whole truth about anything‚ let alone a person. One mind can only think up its own questions and biases; it rarely surprises itself. Our mental frameworks are never quite perfect‚ everything’s blurrier and everyone’s uglier up close. This is correspondingly illustrated by Director Sofia Coppola’s film‚ The Virgin Suicides‚ a town where ideas are real and reality is shadow. She
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downright dangerous. A four-level framework can help. A t the heart of the traditional approach to strategy lies the assumption that executives‚ by applying a set of powerful analytic tools‚ can predict the future of any business accurately enough to choose a clear strategic direction for it. The process often involves underestimating uncertainty in order to lay out a vision of future events sufficiently precise to be captured in a discounted-cash-flow (DCF) analysis. When the future is truly
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level of participation in innovative problem-solving” (Bessant‚ 2003‚ s. 767) ”Companies increasingly cannot expect to warehouse their technologies‚ waiting until their businesses make use of them” (Chesbrough‚ 2003‚ p. 132) Thirdly‚ the 7-S framework contains the very process of innovation. The process is divided into a series of relatively well-known steps in the “funnel” approach that seems to be standard in theory and praxis these days. However‚ it has been chosen
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Structure 4 Financial Structure 6 Acquisition of new Business 7 Business Model Analysis 8 Business Philosophy 8 Basic Strategic Positioning 9 Sample Industry and Company Analysis 11 Virgin Entertainment Group 11 Virgin Airlines 12 Conclusion 14 Introduction The underlying case study paper depicts the development‚ nature and profitability of different business units of the Virgin Group of Companies up to the year of 2004. The companies comprised‚ strongly differ in size
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headmaster of Stowe‚ a private boarding school Branson dropped out at 17. His success started by publishing a magazine called Student‚ then he moved on to mail order records. This is where the Virgin Group started. Richard Branson has developed his brand in a large variety of markets. The over-familiarity of the Virgin brand has caused the consumers to not take the brand in a serious manner. One might argue that he stretched his brand too thin. This lack of focus and over-diversification could result in
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The Virgin of Guadalupe In the late seventeenth century Mexican art was strongly influenced by the Baroque movement in Europe. By the eighteenth century this new Mexican Baroque style of art had developed in New Spain. Many of the familiar traits of baroque art are present in eighteenth century Mexican artwork such as naturalism‚ tenebrism‚ and audience involvement. Many paintings done in the Mexican baroque style featured a naturalist element. Often the paintings featured the very typical‚ every
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Introduction Virgin Group LTD is one of the most well-known‚ respected brand and outstanding international investment group. Invented in 1970 by Richard Branson. Virgin Group became a widespread company and began to grow up in businesses such as: mobile telephony‚ travel‚ financial services‚ leisure‚ TV‚ music‚ holiday and health & wellness. It involved in the fields of airlines‚ rail services‚ and transportation services‚ motorbike and cruise packages. They also operate gym facilities‚ racing
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