HBR Case Review: Can You Say What Your Strategy Is? David J. Collins & Michael G. Rukstad Issue: * Executives cannot articulate the objective‚ scope and advantage of their business in a simple (35 word) statement. Supported By: * Leaders assume that strategic planning process will be communicated succinctly and ensures success. Proposed Solution: * Leaders must draft a simple‚ clear‚ succinct strategy statement that everyone can internalize and use as a guiding light for
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Which place do you prefer to leave: in a small town or in a big city ? Small towns and big cities both have their good sides. First big cities have unlimited choices of things you can do. There is always a lot to do and visit. Living in a big city is more comfortable because there are cinemas‚ theaters‚ museums‚ shops‚ malls‚ lots of restaurants to choose. There are a lot of possibilities of shopping. Secondly the standard of education is also very high in big cities. People have
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Which Dress Do You Like Best? The following memory I will outline may seem an excessively informal anecdote for a paper as such but it reveals truth in the point I will be presenting. When I was a senior in high school and prom season arrived it was a common practice among me and two other friends to go shopping for our dress on Saturdays. The drill consisted of trying on several dresses and asking the two other friends their opinion‚ when we found a dress that all three agreed on (given the price
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HBR.ORG Do You Know Your Cost of Capital? Probably not‚ if your company is like most by Michael T. Jacobs and Anil Shivdasani July–AuGust 2012 reprinT r1207L For arTicLe reprinTs caLL 800-988-0886 or 617-783-7500‚ or visiT hbr.org Do You Know Your Cost Of Capital? probably not‚ if your company is like most by Michael T. Jacobs and Anil Shivdasani W With trillions of dollars in cash sitting on their balance sheets‚ corporations have never had so much money. How executives
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define the major ethical theories‚ which are utilitarianism‚ deontology and virtue ethics‚ before determining whether there are any other options. After that‚ the ethical needs‚ problems and limitations of work organisations will have to be examined so that the different theories can be evaluated in this context. It will also be important to draw a distinction between the terms "accurate" and "useful" as these actually result in two different questions the answer to which need not necessarily be the same
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ACT 510 November 19‚ 2013 Do You Know Your Cost of Capital? Investing capital dollars drives the corporate strategy to newer heights in this age‚ where the business is dependent upon making sound decisions that financially intertwine for further growth and development. Within any financial team‚ analyses should be conducted uniformly across the board‚ arriving at a conducive return on investments to solidify the reasoning behind completing the future project. As Jacobs & Shivdasani point
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Can you say what your strategy is? - David J. Collis and Michael G. Rukstad The authors emphasize on the importance of having a short (35 words max) company strategy‚ and communicating it to the employees. This is important to direct the companies operations in a coherent manner. The company and its employees need to know where the road is going. A strategy is not about your values of your mission‚ but simply about what your competitive game will be: what are you doing differently to your competitors
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Do you believe that your choices are free? Do you hold yourself responsible for your choices? Life is full of endless choices‚ opportunities‚ new ideas and changing scenarios. To overcome the obstacles‚ we have to be ready to juggle the options that appear on our way. Every day‚ every hour‚ even every second‚ people make decisions. Small‚ large‚ important‚ funny‚ mundane‚ all those countless choices with the speed of light forever change us‚ turning the world into one that the second time will
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The Current Undergraduate The article‚ “Ask Not What You Can Do For Your University‚ but What Your University Can Do For You”‚ written by the University of California Los Angeles Student WebZine‚ claims that universities are no longer providing education for students‚ but rather running a business. Colleges have turned into a profit seeking institution‚ making decisions based on financial concerns. The article claims that students are customers and education is a purchase. Webzine scolds the students
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IN YOUR OPINION DYOU THINK SHAREHOLDER ACTIVISM WORKS‚ WHY OR WHY NOT Shareholder Activism refers to a range of actions taken by a shareholder to influence corporate management and board. Actions range from threatening the sale of shares (“exit”)‚ letter writing‚ meetings management‚ to asking questions at shareholders meetings and the use of corporate voting rights. The common definition of a shareholder activist is a shareholder “who tries to change the status quo through the “voice”‚ without
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