Friday, February 14, 2020
Supply Chain Managmet Case Study Essay Example | Topics and Well Written Essays - 1000 words
Supply Chain Managmet Case Study - Essay Example and Jill, a representative of Success Inc. Company. Mike Vanneââ¬â¢s company was a supplier to Success Inc. Time context Based on the conversation, Mike Vanneââ¬â¢s company started experiencing management problems from 1998 soon after its establishment. In 1999, the company also changed its fiscal year. This change in fiscal years twice in a row is an indication of short sighted and indecisive leadership. Viewpoint Mike Vanneââ¬â¢s viewpoint is that the company is fast growing. He defends this viewpoint with the fact that they made eleven acquisitions in a time span of two years. He links the companyââ¬â¢s prosperity with the acquisitions. In addition to this, Mr. Vanne believes his company is in good shape since he has good employees. However, Jill is of a different viewpoint. She questions the nature of leadership in Mr. Vanneââ¬â¢s company. This indicates that she believes the companyââ¬â¢s leadership is the cause of the potential problems. Central problem The ce ntral problem in this case is poor leadership. Mr. Mike Vanne has little knowledge of the business yet he is the owner. In addition to this, he is complacent in taking radical steps to ensure the company does not get under problems in the future. He chooses to ignore the fact that his company has been faced with several lawsuits. As if that is not enough, he brushes off the idea as bad publicity of the company. Out of a series of ten meetings, Ari Villa happens to have attended one or two board meetings yet he is the chairman to the board. Mike Vanne justifies Villaââ¬â¢s actions in proposing that villa is a busy man. Another leader, Sandra Chia fails to attend a meeting with one of their business associates yet she is the Chief financial Officer to the company. As a CFO, it is important for her to attend meetings concerning their business associates since the impression she gives could either work for or against the company. From these illustrations, one concludes that the leade rship in X Inc. is in shambles. The leaders are allowed to run the company as they wish and are not accountable to anyone. According to Jones (p.1), lack of collaboration amongst the company leadership is one of the signs of a dysfunctional leadership. Statement Objectives Statement objectives form the backbone of any business. They relate what the business plans to achieve (Complete Business start up p.1). X Inc.ââ¬â¢s objectives are as follows: To provide quality service in the technologic business field. To ensure continuous growth of the business through establishing a wider market base and capturing profitable business opportunities. To create a strong leadership team that will channel the company towards growth. Areas of Consideration In solving the problem at hand, a SWOT analysis will reveal the strengths, weaknesses, opportunities and threats of X inc. business venture. SWOT analysis analyses external and internal factors that are key to the attainment of a companyââ¬â ¢s objectives (Hill & Westbrook pp.12) External Environment The external environment assesses threats and opportunities. One takes into consideration macroeconomic matters, technological advancement, changes in the market, competition and legislation. In looking at X Inc., it has several opportunities. X Inc., is one of the leading technological companies. This opportunity helps them to wade off unnecessary competition. In addition to that, its ability to form mergers and acquisitions opens it up to a larger
Saturday, February 1, 2020
Regionlized Endogenous Growth in Est si Essay Example | Topics and Well Written Essays - 2750 words
Regionlized Endogenous Growth in Est si - Essay Example Following the pth of tht sin industril forerunner, four "tigers" - the two Jpnese ex-colonies, South Kore nd Tiwn, nd two islnds, Singpore nd Hong Kong, the first city-stte, the other British colony tht will soon revert to Chin - embrked on their own export-led mnufcturing revolution, doubling rel GDP every eight yers during 1950 to 1985 (n eight-fold increse in ll). In the lte 1970s, Chin ccelerted its mssive moderniztion progrm, introduced mrket mechnisms, nd welcomed foreign investment; since the 1980s, it hs been the world's fstest-growing economy, verging lmost 10% yerly in the lst decde nd hlf. Over tht period, three Southest sin countries - Indonesi, Mlysi, nd Thilnd - hve proved tht they, too, cn sustin growth rtes of over seven percent yer, speed tht doubles the size of n economy ech decde. Since the 1980s, these Est sin economies hve been growing three times fster thn the OECD economies, twice s fst s the rest of Est si, three times s fst s Ltin meric nd South si, nd five t imes s fst s sub-Shrn fric. Their export performnce hs been prticulrly impressive, with their shre of world exports of mnufctures shooting up from nine percent in 1965 to 21% in 1990. Those re the indictors behind the phenomenon tht hs vriously been clled "Pcific Shift," the "rise of si," the "Pcific Century," or, s the title of recently published World Bnk study puts it, "The Est sin Mircle." One of the Est sin Mircle hs tken plce under the egis of the Px mericn, which ppered fter WWII. TPx mericn constitutes n economic system of wht my be clled "hegemn-led mcro-clustering". The ltter implies phenomenon in which hegemon economy propgtes growth stimuli to its closely ligned cohort of countries by mens of dissimiltion of technology, knowledge, skills, mrket informtion etc. The rise of the Paz Americana originated from "Yankee ingenuity" in the innovation of interchangeable parts and assembly-line operations, which eventually culminated in the techniques of mass production - and the pattern of mass consumption. Under Px mericn many South Eastern countries received a benefit as their economies significantly improved and were enhanced. Particularly, Japanese automobile industry replaced "just-in-time" parts delivery by "just-in-case" inventory, which relied heavily on a cooperative group of suppliers of parts, components, and accessories. Furthermore, Japanese process fragmentation has become all the more fine-tuned to make use of labour costs and technological capabilities of suppliers at divergent levels of country's industrial hierarchy.In the wake of Japan's rapid catch-up with its current account surplus rising, the Japanese yen became grossly undervalued and soared in market value. As for East Asian countries they benefited a lot from the catch-up economics as well. According to the World Bank (1993), Asian Economies got the fundamentals right by way of: 1) carefully limited and "market-friendly" government activism; 2) strong export orientation; 3) high levels of domestic savings; 4) accumulation of human and physical
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