SlideShare a Scribd company logo
1 of 59
GLOBAL STRATEGY AND POLICY
MAN 4720, Schwartz: Distance Learning
COURSE INFORMATION HANDOUT NUMBER 6.1
APPLIED CONCEPT PAPER – STUDENT SAMPLE
Applied Concept Paper
Module F
Web Chapter A – Strategic Issues in Managing Technology and
Innovation
Web Chapter B – Strategic Issues in Entrepreneurial Ventures
and Small
Businesses
Web Chapter C – Strategic Issues in Not-For-Profit
Organizations
Janet Gomez
Z: 0000
November 18, 2012
Prepared for: Professor Harry Schwartz
Kevin Concilio
Kevin Concilio
Kevin Concilio
1
Contents
Executive
Summary……………………………………………………………...
..2
Abstracts………………………………………………………………
…………...2
Concepts………………………………………………………………
…………...4
Analysis………………………………………………………………
…………....6
Conclusion……………………………………………………………
……………7
Appendices……………………………………………………………
…………...9
A. Bibliography
B. Articles
2
Executive Summary
This paper will first discuss articles that are linked to the main
concepts to innovation,
small businesses and not-for-profit organizations. One main
concept of technology and
innovation is that companies need to focus on how their top
managers should emphasize
focus on the development of new products, and developing
technology. Next, the paper
will transition to the complications that not-for-profit’s can
face when formulating a
strategy, and how strategic piggybacking can bring exposure to
an organization. Finally,
this paper will identify some effective new venture business
strategies. The purpose of
this paper is to apply these key concepts listed to real world
business articles. The
concept of this paper is important to business students because
it helps future
entrepreneurs to understand strategies and concepts that are
used by businesses. I learned
from this assignment that every business is faced with many
issues and that it is the way
that the management concepts we are learning about are applied
the help them
strategically find a way to deal with these hurdles. Success or
failure in their industries
may depend on it.
Abstracts
1. At Proctor & Gamble, the Innovation Well Runs Dry, Lauren
Coleman-Lochner
and Carol Hymowitz, 6 September 2012
Proctor & Gamble is faced with one of its biggest challenges in
their history, keeping up
with emerging innovation that is being created in new product
categories. The company
has been known for launching new pioneering products and
opening the doors for
different product categories. Lately, though the company has
found itself focusing mainly
on product extensions and embellishments on their current
product line. The article
blames the CEO of Proctor & Gamble, Bob McDonald. Proctor
& Gamble’s main issue is
that top management need to find a way to reverse market share
declines and they need to
emphasize to management what is really important so they can
climb back to the top of
the industry.
2. The Kodak Lie, Larry Keeley, 18 January 2012
Kodak, who was once the classic American innovative and
inventive symbols of our
country, has tragically demised. The company missed their
moment of breakthrough
when new digital photography replaced film photography.
Although Kodak’s leaders
knew about the impending shift to digital, they failed to realize
that they couldn’t shift
technology with their signature strengths in film. The company
instead focused on their
3
current technologies such as organic chemistry, optics and films
without trying new
unfamiliar technologies. Essentially, Kodak needed to formulate
ideas outside of the box
and focus on what new innovations their consumers wanted and
needed.
3. Susan G. Komen for the Cure Defunds Planned Parenthood,
Ruth McCambridge,
01 February 2012
Susan G. Komen for the cure, earlier this year, decided that it
would no longer provide
funds to Planned Parenthood for performing breast exams. This
move was a huge risk
that was taken to support pro-life efforts to cut Planned
Parenthood’s federal funding.
The reason for the defunding provided by the foundation is their
newly passed policy that
disallows the organization from providing funds for
organizations under congressional
investigation. This new move has raised a lot of controversy for
the organization and the
decision has brought up questions on what the real motive of the
foundation is.
4. La Raza Conference Explores Social Media Strategies, Aine
Creedon, 11 July
2012
This article discusses the not-for-profit organization the
National Council of La Raza’s
recent social media strategies. The organization has been
researching strategies that are
being used that could further develop their brand and help raise
funds online. Social
media is providing the tools that can be used for organizations
to develop and implement
new strategies that will give their brand recognition, which will
in turn generate new
revenue for not for profit agencies. Benefits for an
organization’s shift to social media
can be the start of a new venture and achieving new social
goals.
5. At Youfit Health Clubs, patrons can Feel the Burn without
Bells, Whistles,
Alexandra Clough, 18 May 2012
Youfit health Clubs stemmed from Planet Fitness founder Rick
Berks, is a health club
that offers the basics such as resistance training, weightlifting
and cardio, without the
extra bells and whistles that more expensive health clubs offer.
The more expensive
health clubs offered services such as racquetball, basketball,
spas, classes and indoor
swimming pools. The founder would describe these clubs
as a “see and be seen” kind of
attitude about the club. He decided to make a club that is non-
judgmental, affordable, and
still has new equipment, a clean environment, individual
TV’s and iPod/mp3 ports.
Youfit doesn’t have a target group of people;; all types
of people feel more comfortable in
their clubs regardless of age or fitness level.
4
Concepts
1. The Role of Management in Innovation: The most important
driver of corporate
value is innovation. It is important for a company to generate a
strong return from
investment in R&D, and at the same time take innovative risks.
Management has an
obligation to not only encourage new product development but
also develop a system to
ensure that technology is being used most effectively, with the
consumer in mind. The
importance of technology must be reinforced by top
management and encouraged by
everyone throughout the corporation. If top management lacks
desire to concentrate on
investing time and money on innovation, then managers will
follow their lead and show
no interest in the subject.
2. Technological Developments: Corporations need to keep up
with the external
developments of technological advances. When a corporation
falls behind on technology
that can put them in an extremely dangerous point. Companies
that are in the lead of their
industry must not focus too closely on ways to improve their
current product line, instead
must focus on new developments that could be their next
technological advance.
Technology grows at an extremely fast rate and it is difficult for
a company to keep up or
surpass that rate if they are not focusing externally. The book
explains one way to learn
about new technological developments in an industry. The
company should locate their
research and development centers in locations where there is a
strong impact on that
products development. Ultimately, that will put their key
employees where they need to
be where the leading edge of technology is.
3. Complications to Strategy Formulation: One of the main
issues in strategic
management for not-for-profit agencies is the tendency to make
decisions based on a
mission rather than a strategy. Not-for-profits’ continued long
range planning and
decision-making can be affected by certain constraints that can
have a negative effect on
the formulation of an effective strategy. One constraint can be
when a goal of an
organization can interfere with rational planning. Decisions can
be made by the
organization based on pressures of stakeholders, which make
significant contributions, to
the detriment of the organization as a whole. These decisions
can have a negative effect
on the contributions to the organization, because people may
not agree with the motives
of the decision.
5
4. Strategic Piggybacking: The term strategic piggybacking,
which was coined by
Nielson, is the development of a new activity for a not-for-
profit organization that
generates funds to make up the difference between revenues and
expenses. The purpose
of the new activity is to help the primary service program
generate new revenue yet still
be related to the organizations mission. Strategic piggybacking
is not a new strategy, and
it’s actually really popular in not-for-profit agencies. A
great portion of large and popular
not-for-profit’s revenue since the 1970’s has been from
numerous forms of new ventures.
The IRS however advises not-for-profits to not engage in these
types of activities because
it may jeopardize their tax-exempt status if income exceeds 20%
of total revenues from
the activity.
5. New Venture Business Strategy: The two keys for success in
new ventures,
according to Hofer and Sandberg, are (1) to differentiate the
product from those of other
competitors in the areas of quality and service, and (2) to focus
the product on customer
needs in a segment of the market in order to achieve a dominant
share of that part of the
market. It is important for a new venture to study their
competitors, and the needs of their
consumers in order to understand how they would respond to the
companies’ entrance
into the market. To continue growth the company can emphasize
their continued
innovation and pursue natural growth in the market.
Additionally, a firm can further
success by forming a strategic alliance with similar markets.
Analysis
1. The Role of Management in Innovation: The CEO of Proctor
and Gamble has
recently been under fire because of failing to keep up
with P&G’s breakthrough image.
Proctor and Gamble is known for their innovative products and
for introducing the
consumers to new product categories. Recently there has been a
decline in the pioneering
of their brands. P&G’s CEO Bob McDonald has
management sectioned in units, which
has slowed innovation. The corporation has instead focused on
reformulating products
and not on inventing new products. As a result of this
customers, have been switching to
cheaper competitors such as Unilever as well as store brands.
Customers don’t mind
paying for technological advances in their household products,
but they do not want to
keep paying the high price for an extended version of the
product when they can get the
same advance from a cheaper brand. P & G needs to refocus on
technological
competence as it did in past years.
6
2. Technological Developments: Kodak in the mid 1990’s
was a healthy company.
Kodak was known for developing high end products from their
continued focus on their
signature strengths organic chemistry, optics and films. What
they failed to realize was
that though they focused on innovation of their familiar
products, technology was shifting
to newer unfamiliar things. Kodak missed view of new
developments from businesses
rivals that quietly engineered and focused on new digital
technology basically ignoring
the product life cycle. Unfortunately, they continued to lose
market share in the industry
that they once dominated and because of the lack of new
developments, they would not
be able to regain those consumers.
3. Complications to Strategy Formulation: The Susan G. Komen
foundation for Breast
Cancer Awareness was recently hit hard for withdrawing
funding to Planned Parenthood.
The backlash caused a wave of resignations and the brand has
overwhelmingly
plummeted during their first quarter after the announcement.
The reason that Komen has
given for the action is that its board has just now passed a
policy that disallows them
from funding any organization under congressional
investigation. Susan G. Komen
foundation failed to strategize the decision before making it;
they needed to fully
implement the consequences from all angles before deciding. In
order to proceed from
this decision, Komen needs to become aware of the danger of
goal displacement and
focus on a strategy instead of its mission. This is good example
of the special challenges
organizational governance issues presents to Not-For-Profits.
4. Strategic Piggybacking: The National Council of La Raza
(NCLR) recently decided
to enter new activities with social media, essentially to further
their brand and online
funding. One of the new strategies on the panel is accepting
mobile donations. Donors
can easily contribute to the organization using their mobile
devices giving them the
option of donating from anywhere at anytime. A new Facebook
tool for not-for-profit’s
called Facebook Causes is another media strategy that would
allow organizations to draw
attention and raise funds for them online. Also the foundation
has been partaking in
Twitter chats and interacting with Google to qualify for Google
Grants. These new
activities that the National Council of La Raza are engaging in
are forms of strategic
piggybacking which is allowing not-for-profits to generate
revenue and achieve their
social goals.
7
5. New Venture Business Strategy: Youfit Health Clubs came
into an industry that has
been around for a while but the company has become a success
because of their business
strategy. Youfit focused on what their customers really wanted
in a health club, instead of
targeting the stereotype of health club goers. Youfit’s Business
strategy targeted both
Hofer and Sandberg’s keys to success. The company
differentiated the health club by
providing the basic needs in a health club making it affordable
to consumers in a hurting
economy. Youfit used a differentiation strategy to focus on its
customers’ needs by
providing the services that they requested without the
extra services that they didn’t use.
This strategy that the founder implemented has made the health
club successful.
Conclusion
In Summary, it is important for today’s future entrepreneurs
to be able to apply concepts
and strategies learned in the classroom to real word business
problems. This paper
provided me with a better understanding of innovation and
technological development. In
the twenty-first century innovation has become a main focus for
a corporation whether
small, large, for-profit, or not-for-profit. Small businesses and
not-for-profit agencies also
need to focus on strategies and implementation just as much as
a huge corporation does.
The business world keeps growing at a fast rate and in order to
succeed, you need to be
able to compete. The lessons learned in the classroom can help
an organization compete
and succeed today and in the future.
8
Appendices
a. Bibliography
Clough, Alexandra. "At Youfit Health Clubs, Patrons Can Feel
the Burn without Bells,
Whistles." At Youfit Health Clubs, Patrons Can Feel the Burn
without Bells. The Palm
Beach Post, 18 May 2012. Web. 17 Nov. 2012.
<http://www.palmbeachpost.com/news/business/at-youfit-
health-clubs-patrons-can-feel-
the-burn-w/nPKT9/>.
Colman-Lochner, Lauren, and Carol Hymowitz. "At Proctor &
Gamble, the Innovation
Well Runs Dry." Bloomberg Businessweek. Bloomberg.com, 6
Sept. 2012. Web.
17 Nov. 2012. <http://www.businessweek.com/articles/2012-09-
06/at-procter-
and-gamble-the-innovation-well-runs-dry>.
Creedon, Aine. "NPQ." La Raza Conference Explores Social
Media Strategies. Nonprofit
Quarterly, 11 July 2012. Web. 17 Nov. 2012.
<http://www.nonprofitquarterly.org/policysocial-context/20634-
la-raza-
conference-explores-social-media-strategies.html>.
Keeley, Larry. "The Kodak Lie." Fortune Tech Technology
Blogs News and Analysis
from Fortune Magazine RSS. CNN Money, 18 Jan. 2012. Web.
17 Nov. 2012.
<http://tech.fortune.cnn.com/2012/01/18/the-kodak-lie/>.
McCambridge, Ruth. "NPQ." Susan G. Komen for the Cure
Defunds Planned
Parenthood. Nonprofit Quarterly, 01 Feb. 2012. Web. 17 Nov.
2012.
<http://www.nonprofitquarterly.org/governancevoice/19541-
susan-b-komen-for-the-cure-
defunds-planned-parenthood.html>.
Wheelen, Thomas L., and J. David Hunger. " Concepts in
Strategic Management and
Business Policy: Achieving Sustainability”. Upper Saddle
River, NJ: Prentice Hall, 2010.
110-14. Print.
b. Articles
Article 1
9
At Proctor & Gamble, the Innovation Well Runs Dry, Lauren
Coleman-Lochner and
Carol Hymowitz, 6 September 2012
For much of its history, Procter & Gamble (PG) didn’t
just launch new products, it
created new product categories, from the first mass-produced
disposable diapers to Crest
teeth-whitening kits. That’s one reason P&G has more than
1,000 Ph.D.’s among the
8,000 employees at its 26 innovation facilities around the
world. “P&G is largely a
branded science company,” says Larry Huston, former
innovation officer at P&G who’s
now managing director of 4inno, a consulting firm.
Lately, though, there’s been a dearth of pioneering brands
emerging from the world’s
largest consumer-products company. Spending on research and
development in fiscal
2012 ended June 30 was $2.03 billion, or 2.4 percent of sales,
the same as the prior year
and down from 3 percent of sales in 2006. P&G’s most
recent homegrown
blockbusters—Swiffer cleaning devices, Crest Whitestrips, and
Febreze odor
fresheners—were all launched at least a decade ago. Says Peter
Golder, a professor at the
Tuck School of Business at Dartmouth College: “P&G is
built on creating new
categories, and innovation is in its DNA, but they need to
rediscover it.”
Regaining its new-product mojo is crucial because P&G’s
business strategy has long
been to charge premium prices for cutting-edge products. A
150-oz. container of liquid
Tide detergent is $18 at Target (TGT), for instance, 20 percent
more than the retailer’s
house brand. As rising commodity prices have increased the
cost of most basic household
products, cash-strapped customers may still be willing to pay
more for true innovations
but not necessarily for the kind of product extensions and
embellishments P&G has
turned to.
That’s created a challenge for Chief Executive Officer Bob
McDonald, who has lowered
profit forecasts three times since Jan. 1. He’s trying to
cut $10 billion in costs by 2016
and reverse market-share declines in such key categories as U.S.
detergents. McDonald is
under pressure from activist investor William Ackman, who in
July took a $1.8 billion
stake in P&G and may seek management changes.
Blockbusters have “dried up a bit,”
acknowledges Bruce Brown, P&G’s chief technology
officer. “We want to get back to
more of that.”
10
McDonald earlier this year assembled a team of researchers,
marketing managers, and
senior executives from across the company to chart a bolder
innovation course. The
group spent 10 weeks analyzing P&G’s new-product
pipeline and selecting the most
promising ideas for development. But most won’t be ready
for at least another year.
P&G’s 175-year history is filled with such consumer-product
innovations as the first
synthetic detergent (Dreft, in 1933), the first fluoride toothpaste
(Crest, in 1955), and the
first stackable potato chip (Pringle’s, which later dropped
the apostrophe, in 1968).
Researchers typically have leveraged technologies already used
in P&G products to come
up with entirely new ideas. For Crest Whitestrips, launched in
2002, they adapted
bleaching methods from P&G’s laundry business, film
technology from the food wrap
business, and glue techniques from the paper business.
In recent years, however, the company’s product pipeline
has been mainly focused on
“reformulating, not inventing, products,” says Victoria
Collin, an analyst at Atlantic
Equities in London. Among these are new scents of Tide for
Eastern European markets
and Secret deodorant’s Natural Mineral line. As a result,
analysts say P&G has lost
customers in the U.S. and other developed countries,
who’ve switched to cheaper
products made by such rivals as Unilever, as well as store
brands.
When former CEO A.G. Lafley took charge in 2000, he sought
to increase the rate of
product development by collaborating with outside partners who
could help with
everything from packaging to product design. Working with
outsiders has enabled P&G
to gain access to some important technologies, such as a
wrinkle-reducing ingredient
made by a French company, Sederma (CRDA), that’s used
in its best-selling Olay
Regenerist skin cream.
But Lafley also decentralized R&D, making business-unit heads
responsible for
developing new items. R&D chief Brown says that inadvertently
slowed innovation by
more closely tying research spending to immediate profit
concerns. Between 2003 and
2008, the sales of new launches shrank by half. By the time
McDonald became CEO in
2009, the number of what the company considered to be big
product breakthroughs had
fallen to an average of fewer than six per year as unit heads
focused on short-term results
and smaller inventions, says Brown.
11
McDonald, who has acknowledged that the company’s
R&D has been “inadequate” in
some product categories and regions, has now centralized 20
percent to 30 percent of
P&G’s research efforts. He also named Jorge Mesquita,
already chief of its pet care and
snacks businesses, as head of P&G’s new business creation
and innovation unit and given
him responsibility for coordinating product launches.
One area of focus is beauty, where “we lost our way for
a couple of years,” says Brown.
That business, which includes deodorants, cosmetics, and hair
care and made up 24
percent of P&G’s $83.7 billion in sales in fiscal 2012,
has been lagging competitors such
as L’Oréal (OR) in product launches. (L’Oréal says it
rolls out about 500 a year.)
McDonald has said he hopes cost-cutting will free up more
money for product
development. Yet the squeeze has forced P&G to make tough
choices even when it does
introduce appealing products. One example: Spending to
support a popular new Olay hair
removal product last year pulled money from other
products, “so the base business lost
more than this new thing gained,” Brown says.
Meanwhile, Unilever says it can roll out 10 new products in 60
countries in the same time
it once took to introduce them in just 10 countries. Recent new
products include Clear
anti-dandruff shampoo and a Rexona deodorant that uses
proprietary Motionsense
technology to activate the product as the wearer moves.
Kimberly-Clark (KMB), maker of Huggies diapers and Kleenex
tissue, has opened
research centers in South Korea and Colombia and increased
R&D spending in the first
half of this year by double-digits from the year before. “Our
international business is
growing so rapidly that the demand for innovation has
increased,” Chief Financial
Officer Mark Buthman says.
P&G still brings plenty of new products to market.
SymphonyIRI’s New Product
Pacesetters report, which tracks the top-selling non-food
innovations, showed P&G with
one-third of the top 25 last year. And the company over the
years has acquired big
brands, including the Olay and SK-II skin care lines and
Gillette. Yet homegrown
12
products remain the challenge. Says 4inno’s Huston:
“You’ve got to be constantly
creating innovation.”
The bottom line: P&G, with $84 billion in annual sales, made
its name as a new-product
whiz. But its biggest homegrown hits are at least a decade old.
Article 2
The Kodak Lie, Larry Keeley, 18 January 2012
FORTUNE -- People never seem to notice, but strategies have
fashions. Just as cars had
fins for a while, or business folks try to dress like they just
stepped off the set of Mad
Men, or phones get big touch screens and icons to chase after
Jony Ive's iPhone design
choices, there are also conventions in how we think about what
firms should do to create
value. These ways of thinking even have names so we can refer
to them in shorthand:
focus, cost leadership, differentiation, core competence
leverage, supply chain
integration, and the like.
This came to mind over the last few days in the midst of the
Kodak (EK) death vigil.
Most of the Kodak conversation has been standard issue
Chicken Little: the sky is falling;
the American dream is dead; another classic company has bitten
the dust. We're all off to
hell in a handcart and there's not a thing we can do about it.
After all, Kodak was a
symbol of better times, an era when American innovation and
invention was seemingly
ubiquitous. But while George Eastman's goal -- to make
photography "as convenient as
the pencil" has been realized and even exceeded -- Kodak was
not the company that
capitalized on this new ubiquity.
And so, with a mixture of schadenfreude and fear, we hear the
Monday morning
quarterbacks explain what went wrong and explain how a
company with so much
promise managed to snatch defeat out of the jaws of victory.
The basic buzz is that
Kodak missed the moment. Addicted to film photography, they
never really could (to
borrow a phrase from another brief strategic fashion) "cross the
chasm" and drive the
growing new digital photography field.
What if this convenient analysis is just too superficial? The
demise of Kodak isn't merely
the classic disruption story that everyone loves to tut tut over.
Nor is the company's
13
downfall merely a result of recent bad decisions or the
mismanagement of senior
executives. It is the more nuanced story of how easy it can be to
get things wrong, even
when trying with the best of intentions to do everything right.
It's a cautionary tale of the
need for deeper understanding of what innovation really means,
and how it is infinitely
more vital than most people think it is, even as it isn't about any
single product or widget
or technology.
Kodak knew all about the impending disruption of digital
technology. As many have
noted, they own the primary patents on digital photography and
built one of the world's
first digital cameras in 1975. As The Economist reported
recently, a report circulated
among senior executives in 1979 detailed how the market would
shift permanently from
film to digital by 2010. This disruption was no surprise. But
following the fashions of the
moment back then, Kodak's leaders looked at the whole shift
through the lens of their
signature strengths in chemistry, optics, and films. They tried to
do new things with
familiar capabilities at the exact moment they needed to be
hungrier to do truly new,
unfamiliar things.
One of Kodak's significant attempts to diversify away from the
world of film came at the
end of the 1970s. They targeted xerography, specifically aiming
at the other hometown
hero in Rochester, New York. I was consulting with Xerox
(XRX) at the time, and we
took Kodak's threat to enter the world of copying very
seriously. We were right to;
Kodak's strengths in organic chemistry and optics helped them
to create some excellent,
high-end products.
This way of thinking was fashionable at that moment. In 1979,
Sony (SNE) used its skills
in miniaturization to create the craze du jour, the Walkman.
Toyota (TM) used its
strengths in paints and seals to make better quality cars than
Detroit was making. A
decade later, one of my heroes, CK Prahalad, published his
seminal paper on The Core
Competence of the Corporation in Harvard Business Review to
explain the fashion. In
effect, the strategic question was: given what we are already
good at, what new things
can we do that will drive growth?
For Kodak a continued focus on chemistry, optics and
depositions on film made perfect
sense. And it made it a healthy company through the mid-1990s.
But what it missed, what
14
most of us chronically miss, was that the new businesses,
however soundly reasoned and
engineered, were dinky, especially viewed in comparison to
their base business. This is
why Pfizer (PFE) loves Lipitor (and the blockbuster drug
model); why Cisco (CSCO)
loves routers; and why it was hard for IBM (IBM) to sell off the
ThinkPad (though it did
so, in sharp contrast with HP (HPQ), which should have). And
it's why PepsiCo (PEP)
has found it so hard to sell healthy snacks, when soda and
potato chips are so very
popular. So often we want innovation to be easy -- allowing us
only to have to tweak the
familiar instead of trying to do something more deeply
connected to how customers live
their lives now.
In Kodak's case, the digital photography field not only was slow
growing but it actively
undermined their largest source of profits: photo and motion
picture films. The tiny
sideline businesses simply could not scale at a rate that might
make up for the loss of film
revenues, so those inside the core business were unable or
unwilling to do what it took to
foster drastic transformation.
This exact phenomenon plagues innovation in nearly every large
firm. At least once a
week, top executives tell me that new growth businesses in their
firms are intriguing and
potentially important, but they simply "don't move the needle."
Said in plain American:
"The hot new thing simply cannot produce enough revenues this
quarter to improve my
bonus as a senior executive." So those projects are starved of
resources instead of
nurtured.
So what should Kodak have done? More to the point, what
should you do to avoid this
trap? Well, there is a new form of strategic thinking coming
into fashion right now, called
Convergences. Used well, it gives leaders a deeper sense of the
interdependencies that
connect firms, products, systems, and services in new
ecosystems. It challenges the older
notions of supply chains and vertical integration to get at newer
ideas such as platforms,
which move the cost and risk of innovating off your balance
sheet and onto others'. It
uses visualization techniques to reveal where new opportunity
hotspots are emerging --
typically the confluence of new technological capabilities and
new customer behaviors.
This new way of shaping strategy can show you the next big
thing, long before it has a
name and a whole host of competitors. But that insight still
doesn't solve the vexing
cultural and accounting problems that plague most firms
innovation choices: senior
15
executives have to be incentivized to create hot new platforms
that are newsworthy, not
just get paid for driving growth in the familiar ways that drove
value yesterday.
Will this latest strategic fashion make a difference? It already
does. Will it be a
fashionable way to think for long? Who knows? Surely, I don't.
That's the trouble with
fashion. Something new is usually just moments away. But for
now this is a solid way of
thinking for those looking for the future to show up a little
ahead of its regularly
scheduled arrival. That, at least, will never go out of style.
Article 3
Susan G. Komen for the Cure Defunds Planned Parenthood,
Ruth McCambridge, 01
February 2012
January 31, 2012; Source: National Journal | The Associated
Press reported Tuesday that
Susan G. Komen for the Cure, in a move that may potentially
risk a portion of its large
base of supporters, has decided that it will no longer fund
Planned Parenthood to perform
breast exams. The move appears to be linked to pro-life efforts
to edge Planned
Parenthood out of federal funding due to its willingness to
perform abortions, among a
host of other health services for women. The grants to be cut
went to at least 19 clinics
and Planned Parenthood says they totaled approximately
$680,000 last year.
The reason that Komen has given for the action is that its board
has just now passed a
policy that disallows them from funding any organization under
congressional
investigation. Recently, the House Oversight and Investigations
subcommittee launched
an investigation, spearheaded by Rep. Cliff Stearns (R-Fla.),
into Planned Parenthood’s
use of federal funding and issued a letter demanding
information from Planned
Parenthood. While seen as a nuisance investigation by some, it
was apparently enough
for Komen to hang its hat on in making the decision to defund
Planned Parenthood. A
statement from Komen said that the action had been taken
to “strengthen our grants
program” and had “implemented more stringent eligibility
and performance
criteria...While it is regrettable when changes in priorities and
policies affect any of our
grantees, such as a longstanding partner like Planned
Parenthood, we must continue to
evolve to best meet the needs of the women we serve and most
fully advance our
mission.”
16
In cutting the funding Komen is the only known organization to
cut funding to Planned
Parenthood in response to the recent political pressure. Planned
Parenthood, of course,
has been under constant attack by right-to-life legislators who
have repeatedly tried to
block its federal funding but have been met by the resistance of
President Obama and
others who did not wish to see the organization unfairly
pilloried. Some states have also
attempted to pass laws preventing abortion providers such as
Planned Parenthood from
receiving Medicaid dollars, but the Center for Medicare and
Medicaid Services warned
states that such policies would put the totality of their Medicaid
funding at risk.
In response to the decision, some have pondered the potential
influence of Komen Senior
Vice President of Public Policy Karen Handel. Handel, the
former Georgia secretary of
state, joined Komen last April after an unsuccessful
electoral run in Georgia’s Republican
gubernatorial primary. During the campaign, Handel promised
to nix state funding for
breast screenings and cervical cancer screenings at Planned
Parenthood if she became
governor. “[S]ince I am pro-life, I do not support the
mission of Planned Parenthood,”
Handel wrote.
In an article on New York Magazine’s Web site, Noreen
Malone notes one tweet sent in
response to the action. “The Komen Foundation just
destroyed its brand, and it’s going to
be very, very sorry.” Melinda Henneberger, a columnist in
the Washington Post who has
herself had breast cancer titles her article on the subject,
“Planned Parenthood Will
Recoup but Will Komen?”
She cites a tweet from Daily Show co-creator Lizz Winstead
that reads “I am crying in a
cab at this Komen decision. Tomorrow we will rally. Who is in
this fight with me! You
can no longer sit idly by.” Henneberger then writes, “In
response to the charge that it had
given in to bullying, Komen said in a statement to CBS
News that ‘grant-making
decisions are not about politics.’ The PR team that came
up with that one may have a
future in comedy. Though I guess not at the Daily Show.”
Article 4
La Raza Conference Explores Social Media Strategies, Aine
Creedon, 11 July 2012
A panel at the National Council of La Raza’s (NCLR)
recent conference in Las Vegas
discussed some social media strategies worth noting. Titled
“The Social Media Network
17
Explained: Get Noticed with New Media,” the panel
discussion addressed organizations
looking to further develop their brand and online fundraising.
The NCLR panel brought
attention to fundraising trends and mobile technology that
could increase nonprofits’
online donations.
Based on reporting from VOXXI’s Julissa Bonfante, here
are some take-aways from the
La Raza social media panel:
Mobile donations: Make sure your organization is using the
right tools for supporters to
donate through mobile devices. This will give users the option
to donate from anywhere,
transforming their smart phone into a credit card.
Using Facebook tools: Facebook Causes is a fundraising
application integrated with
Facebook and is one of the largest online advocacy platforms in
the world. It allows
nonprofits to draw attention to their causes and to raise funds.
Any Guidestar-verified
nonprofit can collect donations through Causes. Another
important tip is to establish a
strong Facebook page, since this may be the first page someone
sees when looking up
your organization.
Timing is everything: NCLR’s panel spoke on the importance
of posting on social
networks during the weekends, claiming, “It’s when social
media sites get the most
traffic.” This claim conflicts with statistics released by
Bitly several months ago on the
optimal times to post on Twitter, Facebook and Tumblr (prime
times to post on all three
happened during the typical work week, not on the weekend,
according to Bitly). Despite
this discrepancy, few would dispute that posting on social
networks during the weekend
is a useful tactic. Tools such as HootSuite or Later Bro are
handy to automate your
weekend posts or tweets.
Partake in live Twitter chats: Make sure your nonprofit is
interacting with its followers on
Twitter; one of the best ways to connect with organizations with
similar missions is by
participating in the right Tweet Chats. Unsure of where to start
with tweet chatting? Here
is a useful Twitter chat wiki.
Take advantage of Google Grants: Google Grants is a great
resource for nonprofits.
Jennifer Edwards, associate coordinator of digital organizing
for NCLR, points out that
18
“Google Grants provides non-profits $10,000 per month in in-
kind AdWords
advertising.”
Summarizing a continual focal point of the panel,
VOXXI’s chief operating officer and
technology expert Ariel Coro said, “The key to social media
is having a good strategy.
Social media is putting all the tools in front of us but we have
to understand the strategy
beyond the tools.” In other words, social media can be
erratic and is constantly changing,
but developing and implementing solid and consistent strategies
to approach social media
never grows old. –Aine Creedon
Article 5
At Youfit Health Clubs, patrons can Feel the Burn without
Bells, Whistles,
Alexandra Clough, 18 May 2012
The founder of Planet Fitness health clubs has found a new
world in which to help people
get healthy and fit. Youfit Health Clubs
(www.youfithealthclubs.com ) is the brainchild
of Boca Raton resident Rick Berks, who sold the Planet Fitness
trademark in 2002 and
finally parted ways with the company in 2008.
It was at that point he decided there was a need for a health club
that offered the basics,
such as cardio and resistance training, without the bells and
whistles of other, more
expensive clubs that feature spas, classes and a see-and-be-seen
attitude, Berks said.
"There is an evolution to this type of club. In the past, clubs
were everything-to-
everybody types of clubs," Berks said. But Youfit offers a
simple model for people who
want to do strength and cardio training, without the need for
classes or racquetball courts,
for example.
The newest Youfit just opened at the Town Center Mall in Boca
Raton, in the back of the
mall, known as the Terrace, above the Blue Martini bar. Making
the clubs attractive to
customers is that they require no long-term commitments, just
$10 a month for access to
a single club, or $19.99 a month for access to any Youfit club.
There are about 40 Youfit clubs open now, including 32 in
Florida, and Berks hopes to
have 50 open nationwide by the end of the year. The concept
was first started in 2008 but
has really taken off in recent months, and more clubs are
opening locally, Berks said.
19
A Wellington location opened a few months ago, and several are
under construction in
Broward County, too. A number of clubs are opening in
Arizona, as well. Berks said he's
also scouting locations in California, the Northeast and the
South.
The soured economy has been an upside for Youfit, because
suddenly there are a number
of spaces, such as now-closed big box retailers, that are
available for Youfit clubs, Berks
said. Berks said the clubs bring in steady traffic all day,
compared with clubs that seem to
have peak periods during lunch and after work. The Simon
Property Co., which owns the
Town Center mall, has asked Berks to open a Youfit in Simon's
Boynton Beach Mall, but
Berks said he wants to see how the gym performs at Town
Center before making a
commitment to Boynton Beach.
The Youfit clubs have a sleek, clean feeling, with all new
equipment and plenty of it, so
there's no need for a wait to exercise, Berks said. An express
circuit works every part of
the body in just 30 minutes per session, and includes both a
cardio workout and strength
training. There also is equipment for seniors who want low-
impact equipment to increase
strength and flexibility. In addition, the equipment is outfitted
with individual TVs and
ports for iPods or mp3 players.
Berks says his goal is to make people of any age or fitness level
feel comfortable working
out. "A lot of people who do not (typically work out) feel more
comfortable in our clubs,"
he said. "It's geared toward the person who has not been a
serious exerciser but now
wants to get fit."
· Module C
· Linking chapters 4 and/or 5: External and Internal
Environment concepts to real life business
·
·
· Link between five and eight concepts found in the designated
chapters to one or more business news articles….PICK FROM
BELOW!
KEY TERMS FROM CHAPTER 4
· Competitive intelligence
· Competitors
· complementor
· Consolidated industry
· EFAS Table
· Entry barrier
· Environmental uncertainty
· Environmental scanning
· Exit barrier
· Fragmented industry
· Global industry
· Hypercompetition
· Industry
· Industry analysis
· Industry matrix
· Industry scenario
· Key success factor
· Multidomestic industry
· Multinational corporation (MNC)
· Natural environment
· New entrant
· Regional industries
· Societal environment
· STEEP analysis
· Strategic group
· Strategic type
· Substitute product
· Task environment
KEY TERMS FOR CHAPTER 5
· Brand
· Business Model
· Capabilities
· Capital budgeting
· Competency
· Conglomerate structure
· Core competencies
· Corporate culture
· Corporate reputation
· Distinctive competencies
· Divisional structure
· Durability
· Economies of scale
· Economies of scope
· Experience curve
· Explicit knowledge
· Financial leverage
· Functional structure
· IFAS table
· Imitability
· Marketing mix
· Operating leverage
· Organizational analysis
· Organizational structures
· Product life cycle
· R&D intensity
· R&D mix
· Replicability
· Resource
· Simple structure
· Strategic business units (SBUs)
· Supply chain management
· Tacit knowledge
· Technological competence
· Technological discontinuity
· Technology transfer
· Transferability
· Transparency
· Value chain
· Virtual teams
· VRIO framework
Page 1 of 3
GLOBAL STRATEGY AND POLICY: MAN4720, SCHWARTZ,
DISTANCE LEARNING
COURSE INFORMATION HANDOUT NUMBER 6
APPLIED CONCEPT PAPER
PART ONE: ASSIGNMENT GUIDELINES
1. WHAT’S THE PURPOSE?
This paper is intended to demonstrate your understanding of
certain key concepts and your critical
thinking ability to relate them to the real business world.
1.1 How does this work?
You are expected to prepare one such paper during the term
relating the concepts found in the
chapters of modules A, C, D or E to real world business
happenings. Each student will be randomly
assigned to one of the modules for which notification will be
made in a BlackBoard posting, on or about
Wednesday, September 11. Chapter concepts and due dates are
as follows:
Module Conceptual framework Applicable chapters Due dates
A Link between five and eight
concepts found in the
designated chapters to one or
more business news articles.
Two and/or three Please refer to the
Syllabus Appendix A
schedule. (Dates are also
on the preference form)
C Four and/or five
D Six, seven and/or eight
E Nine, ten and/or eleven
1.2 Do I need to link all of the concepts in the assigned
chapters?
No. As long as you link enough of them to demonstrate your
comprehension and critical thinking ability,
you may use concepts from any or all of the chapters in the
module you selected. This should be
between five and eight of them, depending on the depth of
analysis for each. The key terms section at
the end of each chapter may be helpful in making your
selection.
1.3 Am I allowed to use more than one article?
Yes. You may use multiple articles if this helps to better
illustrate the concepts. If that is your choice
please be sure to include an abstract for each one and provide
copies of all of them.
1.4 Can I work with another student on these papers?
These are individual assignments and group work will be
viewed as plagiarism.
1.5 Can I select the Module on which to do the paper?
No. I will assign the work as indicated in 1.1 above. Past
experience has shown that allowing students this
choice resulted in most of the class waiting until the end of the
term to submit the paper.
1.6 What happens if I don’t submit my paper on time?
Students must submit their papers by e-mail before midnight on
the due date. Penalties for late
submission increase exponentially with the number of days and
late and failure to submit a paper or
doing so more than five days after the due date will result in a
0/15 grade. Documentation must be
provided for medical or family emergency extension requests.
1.7 What are the guidelines for structuring the paper?
A sample paper, included as course information handout 6.1,
and a sample grading sheet in 6.2
provide guidance for structuring the paper. A cover page that
includes the following is also required:
and Z number, course name and section
number, due date and instructor’s name as well
as the module and chapter numbers addressed in your paper as
well as…
work is based. E-mailing the URL or link will
not suffice. Articles should be relatively recent, that is
published within the last 24 months.
format in an appendix. In text citation is not
required for this paper. Wikipedia, Investopedia and similar
open forum sites are not academically
valid.
http://owl.english.purdue.edu/owl/section/2/
Kevin Concilio
Kevin Concilio
Kevin Concilio
Kevin Concilio
Kevin Concilio
Kevin Concilio
Kevin Concilio
Kevin Concilio
Kevin Concilio
Kevin Concilio
Kevin Concilio
Kevin Concilio
Kevin Concilio
Kevin Concilio
Page 2 of 3
1.8 Does this paper need to be posted on SafeAssign?
No it does not. For this course only the Porter’s forces
assignment must be posted on SafeAssign.
1.9 Do writing skills count in grading my work?
Clear composition is vital to understanding what you mean and
assessing your critical thinking skills.
Most importantly, writing ability is crucial in the business
world as well as being an important
component of your grade.
1.10 How many pages are expected and what is the content?
Although I suggest that your paper be between six and nine
pages in length, I tend to be fairly flexible
as long as you avoid both padding and being so excessively
brief that it becomes difficult to read or
understand. Be sure that the content is relevant. Use a 12-point
font, allowing approximately 1½-line
spaces. Structure your paper using titles to divide ideas and
distinguish concepts from one
another. Provide an abstract of one or two paragraphs
summarizing the article(s) briefly in your own
words. Approximately 20% of the paper should be devoted to
defining the textbook and course
document concepts that you intend to link to the article. The
remainder, representing at least half,
should be dedicated to an analysis showing how your article
may be used to interpret the selected
concepts. A one-paragraph conclusion should briefly explain
what you learned from the exercise.
Finally, APA or MLA formatted, source notes are essential.
Your paper should be structured using the
following segments.
Segment General content Page range
Executive
summary
In a couple of paragraphs sum up the purpose of your paper,
provide a
few explicit linkage examples and one sentence stating what
you
learned from the exercise.
½ to 1
Abstract(s)* A factual summary, paraphrasing the article(s)
very briefly in your own
words without opinion or editorial comment. Include the article
title, the
author’s name and the date of publication. The number of
pages shown
at the right depends on the number of abstracts, not the length
of each.
½ to 1 ½
Concepts An overview, defining the concepts that you intend
to illustrate with your
article
2 to 3
Analysis Connect the article to the key concepts. Use
subheadings
corresponding to each defined concept and frame your analysis
using
appropriate terminology.
2 to 4
Conclusion Clearly state what you learned from the exercise ½
Appendices Include a copy of the article(s), and cite your
sources in APA or MLA*
format. Wikipedia and other “wiki” type sites are not
academically
acceptable sources
N/A
*If these terms are unfamiliar to you, please click on the links
to research the web for their meanings.
1.11 How will my work be graded?
The grading rubric in course information handout 7.2 includes
the following evaluation criteria.
ted article(s): Inherent relevance 1.50 points
nts
*If this term is unfamiliar to you, please research the
web for the meaning.
1.12 How important is it to use the theoretical terminology?
It is critically important. You are expected to make use of and
integrate the strategic management
concepts, terminology in order to illustrate how the theory
applies to real business world situation.
../CI%20files%20DL%20Fall%202014/CI05%20Porter%20assig
nment%20instructions.pdf
Kevin Concilio
http://owl.english.purdue.edu/owl/section/2/
http://www.ece.cmu.edu/~koopman/essays/abstract.html
http://owl.english.purdue.edu/owl/section/2/
http://www.ece.cmu.edu/~koopman/essays/abstract.html
Page 3 of 3
APPLIED CONCEPT PAPER
PART TWO: HELP
2.1 Can I E-mail you for advice?
Absolutely: Since I generally answer my e-mail between 6 and 7
AM you may expect an answer within 24
hours. However, I will not edit your paper for you by E-mail. If
the answers to your questions are long
and/or complex, or if a full review of your paper is needed I
will ask you to provide me with a daytime
telephone number or to meet with me during office hours.
2.2 Can I ask you to look over my work before submitting the
final paper?
Yes, under certain conditions. You should be well prepared with
specific questions and a draft
beforehand. Time constraints are such that I will not edit your
paper and return it to you by e-mail. For
anything more than straightforward clarification questions,
please E-mail your work and provide a daytime
telephone number and indicate when you will be available.
2.3 Is help also available for other assignments?
Yes. If you find the instructions confusing or simply want
suggestions for improvement, I will be happy to
assist you. Replies to questions of a general nature, the answers
to which your group teammates may
also benefit, will be sent via BlackBoard block e-mail. Once
again, be sure that you have completed the
assigned readings beforehand.
2.4 One final and very important note
Please ask for assistance well enough in advance for me to help
you. The likelihood of getting
meaningful help a day or two before the due date is slim to
none.
CI06 Applied concept paper FAQs.docx
Kevin Concilio
Kevin Concilio
Kevin Concilio
Kevin Concilio

More Related Content

Similar to GLOBAL STRATEGY AND POLICY MAN 4720, Schwartz Distanc.docx

SWOTT AnalysisDevon Davis, Jasmine Richardson, Lisa Ne.docx
SWOTT AnalysisDevon Davis, Jasmine Richardson, Lisa Ne.docxSWOTT AnalysisDevon Davis, Jasmine Richardson, Lisa Ne.docx
SWOTT AnalysisDevon Davis, Jasmine Richardson, Lisa Ne.docxssuserf9c51d
 
Winning the 2020s - The New Logic of Competition (BCG - collected by Truong B...
Winning the 2020s - The New Logic of Competition (BCG - collected by Truong B...Winning the 2020s - The New Logic of Competition (BCG - collected by Truong B...
Winning the 2020s - The New Logic of Competition (BCG - collected by Truong B...Truong Bomi
 
Quest for organizational innovation strategy
Quest for organizational  innovation strategy Quest for organizational  innovation strategy
Quest for organizational innovation strategy Dr Oliver Ho
 
Business growth: material for exercises
Business growth: material for exercisesBusiness growth: material for exercises
Business growth: material for exercisesFogGuru MSCA Project
 
New Product Development Strategy
New Product Development StrategyNew Product Development Strategy
New Product Development StrategySajedul Islam Chy
 
Hibbett Sporting Goods Competitive Overview
Hibbett Sporting Goods Competitive OverviewHibbett Sporting Goods Competitive Overview
Hibbett Sporting Goods Competitive OverviewBrandon Thomson
 
How any organisation can drive culture and design systems to pursue practical...
How any organisation can drive culture and design systems to pursue practical...How any organisation can drive culture and design systems to pursue practical...
How any organisation can drive culture and design systems to pursue practical...Toby Farren
 
Social Media Trends: How Advanced Organizations Achieve Success-David F. Gian...
Social Media Trends: How Advanced Organizations Achieve Success-David F. Gian...Social Media Trends: How Advanced Organizations Achieve Success-David F. Gian...
Social Media Trends: How Advanced Organizations Achieve Success-David F. Gian...GSMIweb
 
Grow Your Company in 60 Minutes
Grow Your Company in 60 MinutesGrow Your Company in 60 Minutes
Grow Your Company in 60 MinutesAmanda Boddington
 
Success Factors for Corporate Social Innovation
Success Factors for Corporate Social InnovationSuccess Factors for Corporate Social Innovation
Success Factors for Corporate Social InnovationWider Sense GmbH
 
Esbd unit ii 1
Esbd unit ii 1Esbd unit ii 1
Esbd unit ii 1PENDYSINGH
 
Socially engaged companies see 4 x greater business impact
Socially engaged companies see 4 x greater business impactSocially engaged companies see 4 x greater business impact
Socially engaged companies see 4 x greater business impactAmanda Snyder
 
Introducing new market offering
Introducing new market offeringIntroducing new market offering
Introducing new market offeringMahfuzur Rahman
 
Seven Ways Traditional Companies Can Succeed with Disruptive Innovation
Seven Ways Traditional Companies Can Succeed with Disruptive InnovationSeven Ways Traditional Companies Can Succeed with Disruptive Innovation
Seven Ways Traditional Companies Can Succeed with Disruptive InnovationCognizant
 
PLM_Funding_Options_White_Paper_PDF
PLM_Funding_Options_White_Paper_PDFPLM_Funding_Options_White_Paper_PDF
PLM_Funding_Options_White_Paper_PDFTodd Hostager
 
Financing Innovation and Intellectual property
Financing Innovation and Intellectual property Financing Innovation and Intellectual property
Financing Innovation and Intellectual property FogGuru MSCA Project
 
Assessing and Fostering a Culture of Innovation
Assessing and Fostering a Culture of InnovationAssessing and Fostering a Culture of Innovation
Assessing and Fostering a Culture of InnovationNaba Ahmed
 

Similar to GLOBAL STRATEGY AND POLICY MAN 4720, Schwartz Distanc.docx (20)

Grow your company in 60minutes
Grow your company in 60minutesGrow your company in 60minutes
Grow your company in 60minutes
 
SWOTT AnalysisDevon Davis, Jasmine Richardson, Lisa Ne.docx
SWOTT AnalysisDevon Davis, Jasmine Richardson, Lisa Ne.docxSWOTT AnalysisDevon Davis, Jasmine Richardson, Lisa Ne.docx
SWOTT AnalysisDevon Davis, Jasmine Richardson, Lisa Ne.docx
 
Winning the 2020s - The New Logic of Competition (BCG - collected by Truong B...
Winning the 2020s - The New Logic of Competition (BCG - collected by Truong B...Winning the 2020s - The New Logic of Competition (BCG - collected by Truong B...
Winning the 2020s - The New Logic of Competition (BCG - collected by Truong B...
 
Quest for organizational innovation strategy
Quest for organizational  innovation strategy Quest for organizational  innovation strategy
Quest for organizational innovation strategy
 
Business growth: material for exercises
Business growth: material for exercisesBusiness growth: material for exercises
Business growth: material for exercises
 
New Product Development Strategy
New Product Development StrategyNew Product Development Strategy
New Product Development Strategy
 
Hibbett Sporting Goods Competitive Overview
Hibbett Sporting Goods Competitive OverviewHibbett Sporting Goods Competitive Overview
Hibbett Sporting Goods Competitive Overview
 
How any organisation can drive culture and design systems to pursue practical...
How any organisation can drive culture and design systems to pursue practical...How any organisation can drive culture and design systems to pursue practical...
How any organisation can drive culture and design systems to pursue practical...
 
Social Media Trends: How Advanced Organizations Achieve Success-David F. Gian...
Social Media Trends: How Advanced Organizations Achieve Success-David F. Gian...Social Media Trends: How Advanced Organizations Achieve Success-David F. Gian...
Social Media Trends: How Advanced Organizations Achieve Success-David F. Gian...
 
Grow Your Company in 60 Minutes
Grow Your Company in 60 MinutesGrow Your Company in 60 Minutes
Grow Your Company in 60 Minutes
 
Thought spark
Thought sparkThought spark
Thought spark
 
Success Factors for Corporate Social Innovation
Success Factors for Corporate Social InnovationSuccess Factors for Corporate Social Innovation
Success Factors for Corporate Social Innovation
 
Esbd unit ii 1
Esbd unit ii 1Esbd unit ii 1
Esbd unit ii 1
 
Socially engaged companies see 4 x greater business impact
Socially engaged companies see 4 x greater business impactSocially engaged companies see 4 x greater business impact
Socially engaged companies see 4 x greater business impact
 
Introducing new market offering
Introducing new market offeringIntroducing new market offering
Introducing new market offering
 
Seven Ways Traditional Companies Can Succeed with Disruptive Innovation
Seven Ways Traditional Companies Can Succeed with Disruptive InnovationSeven Ways Traditional Companies Can Succeed with Disruptive Innovation
Seven Ways Traditional Companies Can Succeed with Disruptive Innovation
 
PLM_Funding_Options_White_Paper_PDF
PLM_Funding_Options_White_Paper_PDFPLM_Funding_Options_White_Paper_PDF
PLM_Funding_Options_White_Paper_PDF
 
chap9-marketing1.docx
chap9-marketing1.docxchap9-marketing1.docx
chap9-marketing1.docx
 
Financing Innovation and Intellectual property
Financing Innovation and Intellectual property Financing Innovation and Intellectual property
Financing Innovation and Intellectual property
 
Assessing and Fostering a Culture of Innovation
Assessing and Fostering a Culture of InnovationAssessing and Fostering a Culture of Innovation
Assessing and Fostering a Culture of Innovation
 

More from MARRY7

Part 1.....InstructionsSelect one of the age groups disc.docx
Part 1.....InstructionsSelect one of the age groups disc.docxPart 1.....InstructionsSelect one of the age groups disc.docx
Part 1.....InstructionsSelect one of the age groups disc.docxMARRY7
 
Part 1 – Add to Website PlanList at least three .docx
Part 1 – Add to Website PlanList at least three .docxPart 1 – Add to Website PlanList at least three .docx
Part 1 – Add to Website PlanList at least three .docxMARRY7
 
Part 1 True or False Questions. (10 questions at 1 point each).docx
Part 1 True or False Questions. (10 questions at 1 point each).docxPart 1 True or False Questions. (10 questions at 1 point each).docx
Part 1 True or False Questions. (10 questions at 1 point each).docxMARRY7
 
Part 11. Why is it so important in system engineering to become .docx
Part 11. Why is it so important in system engineering to become .docxPart 11. Why is it so important in system engineering to become .docx
Part 11. Why is it so important in system engineering to become .docxMARRY7
 
Part 1 Using the internet, search for commercial IDPS systems. What.docx
Part 1 Using the internet, search for commercial IDPS systems. What.docxPart 1 Using the internet, search for commercial IDPS systems. What.docx
Part 1 Using the internet, search for commercial IDPS systems. What.docxMARRY7
 
Part 1- Create an outline of the assignment below thenPart 2-1000 .docx
Part 1- Create an outline of the assignment below thenPart 2-1000 .docxPart 1- Create an outline of the assignment below thenPart 2-1000 .docx
Part 1- Create an outline of the assignment below thenPart 2-1000 .docxMARRY7
 
Part 1 Review QuestionsWhat is the difference between criminal la.docx
Part 1 Review QuestionsWhat is the difference between criminal la.docxPart 1 Review QuestionsWhat is the difference between criminal la.docx
Part 1 Review QuestionsWhat is the difference between criminal la.docxMARRY7
 
Part 1 Review QuestionsWhat is the difference between authenticat.docx
Part 1 Review QuestionsWhat is the difference between authenticat.docxPart 1 Review QuestionsWhat is the difference between authenticat.docx
Part 1 Review QuestionsWhat is the difference between authenticat.docxMARRY7
 
Part 1 SQLDatabase workScenarioDevelopment of a relationa.docx
Part 1 SQLDatabase workScenarioDevelopment of a relationa.docxPart 1 SQLDatabase workScenarioDevelopment of a relationa.docx
Part 1 SQLDatabase workScenarioDevelopment of a relationa.docxMARRY7
 
Part 1 Review QuestionsWhat functions constitute a complete infor.docx
Part 1 Review QuestionsWhat functions constitute a complete infor.docxPart 1 Review QuestionsWhat functions constitute a complete infor.docx
Part 1 Review QuestionsWhat functions constitute a complete infor.docxMARRY7
 
Part 1A persons lifestyle has a significant influence on the p.docx
Part 1A persons lifestyle has a significant influence on the p.docxPart 1A persons lifestyle has a significant influence on the p.docx
Part 1A persons lifestyle has a significant influence on the p.docxMARRY7
 
Part 1 Review QuestionsWhat is the definition of information secu.docx
Part 1 Review QuestionsWhat is the definition of information secu.docxPart 1 Review QuestionsWhat is the definition of information secu.docx
Part 1 Review QuestionsWhat is the definition of information secu.docxMARRY7
 
Part 1 Review QuestionsWhat is a security modelWhat are the es.docx
Part 1 Review QuestionsWhat is a security modelWhat are the es.docxPart 1 Review QuestionsWhat is a security modelWhat are the es.docx
Part 1 Review QuestionsWhat is a security modelWhat are the es.docxMARRY7
 
Part 1 Listed below are several key Supreme Court decisions that .docx
Part 1 Listed below are several key Supreme Court decisions that .docxPart 1 Listed below are several key Supreme Court decisions that .docx
Part 1 Listed below are several key Supreme Court decisions that .docxMARRY7
 
Part 1 Infrastructure DesignCreate an 8–10-page infrastructur.docx
Part 1 Infrastructure DesignCreate an 8–10-page infrastructur.docxPart 1 Infrastructure DesignCreate an 8–10-page infrastructur.docx
Part 1 Infrastructure DesignCreate an 8–10-page infrastructur.docxMARRY7
 
part 1 I attended an international conference on Biotechnology and .docx
part 1 I attended an international conference on Biotechnology and .docxpart 1 I attended an international conference on Biotechnology and .docx
part 1 I attended an international conference on Biotechnology and .docxMARRY7
 
Part 1 Chapter 7 Summary plus end of chapter discussion of Alfred.docx
Part 1 Chapter 7 Summary plus end of chapter discussion of Alfred.docxPart 1 Chapter 7 Summary plus end of chapter discussion of Alfred.docx
Part 1 Chapter 7 Summary plus end of chapter discussion of Alfred.docxMARRY7
 
Parent Involvement Plan This week you will create a Parent Involve.docx
Parent Involvement Plan This week you will create a Parent Involve.docxParent Involvement Plan This week you will create a Parent Involve.docx
Parent Involvement Plan This week you will create a Parent Involve.docxMARRY7
 
Parenting Practices Over GenerationsGeneration 1 Years children.docx
Parenting Practices Over GenerationsGeneration 1 Years children.docxParenting Practices Over GenerationsGeneration 1 Years children.docx
Parenting Practices Over GenerationsGeneration 1 Years children.docxMARRY7
 
ParamsThe interface must be pleasing to look at (a basic form wit.docx
ParamsThe interface must be pleasing to look at (a basic form wit.docxParamsThe interface must be pleasing to look at (a basic form wit.docx
ParamsThe interface must be pleasing to look at (a basic form wit.docxMARRY7
 

More from MARRY7 (20)

Part 1.....InstructionsSelect one of the age groups disc.docx
Part 1.....InstructionsSelect one of the age groups disc.docxPart 1.....InstructionsSelect one of the age groups disc.docx
Part 1.....InstructionsSelect one of the age groups disc.docx
 
Part 1 – Add to Website PlanList at least three .docx
Part 1 – Add to Website PlanList at least three .docxPart 1 – Add to Website PlanList at least three .docx
Part 1 – Add to Website PlanList at least three .docx
 
Part 1 True or False Questions. (10 questions at 1 point each).docx
Part 1 True or False Questions. (10 questions at 1 point each).docxPart 1 True or False Questions. (10 questions at 1 point each).docx
Part 1 True or False Questions. (10 questions at 1 point each).docx
 
Part 11. Why is it so important in system engineering to become .docx
Part 11. Why is it so important in system engineering to become .docxPart 11. Why is it so important in system engineering to become .docx
Part 11. Why is it so important in system engineering to become .docx
 
Part 1 Using the internet, search for commercial IDPS systems. What.docx
Part 1 Using the internet, search for commercial IDPS systems. What.docxPart 1 Using the internet, search for commercial IDPS systems. What.docx
Part 1 Using the internet, search for commercial IDPS systems. What.docx
 
Part 1- Create an outline of the assignment below thenPart 2-1000 .docx
Part 1- Create an outline of the assignment below thenPart 2-1000 .docxPart 1- Create an outline of the assignment below thenPart 2-1000 .docx
Part 1- Create an outline of the assignment below thenPart 2-1000 .docx
 
Part 1 Review QuestionsWhat is the difference between criminal la.docx
Part 1 Review QuestionsWhat is the difference between criminal la.docxPart 1 Review QuestionsWhat is the difference between criminal la.docx
Part 1 Review QuestionsWhat is the difference between criminal la.docx
 
Part 1 Review QuestionsWhat is the difference between authenticat.docx
Part 1 Review QuestionsWhat is the difference between authenticat.docxPart 1 Review QuestionsWhat is the difference between authenticat.docx
Part 1 Review QuestionsWhat is the difference between authenticat.docx
 
Part 1 SQLDatabase workScenarioDevelopment of a relationa.docx
Part 1 SQLDatabase workScenarioDevelopment of a relationa.docxPart 1 SQLDatabase workScenarioDevelopment of a relationa.docx
Part 1 SQLDatabase workScenarioDevelopment of a relationa.docx
 
Part 1 Review QuestionsWhat functions constitute a complete infor.docx
Part 1 Review QuestionsWhat functions constitute a complete infor.docxPart 1 Review QuestionsWhat functions constitute a complete infor.docx
Part 1 Review QuestionsWhat functions constitute a complete infor.docx
 
Part 1A persons lifestyle has a significant influence on the p.docx
Part 1A persons lifestyle has a significant influence on the p.docxPart 1A persons lifestyle has a significant influence on the p.docx
Part 1A persons lifestyle has a significant influence on the p.docx
 
Part 1 Review QuestionsWhat is the definition of information secu.docx
Part 1 Review QuestionsWhat is the definition of information secu.docxPart 1 Review QuestionsWhat is the definition of information secu.docx
Part 1 Review QuestionsWhat is the definition of information secu.docx
 
Part 1 Review QuestionsWhat is a security modelWhat are the es.docx
Part 1 Review QuestionsWhat is a security modelWhat are the es.docxPart 1 Review QuestionsWhat is a security modelWhat are the es.docx
Part 1 Review QuestionsWhat is a security modelWhat are the es.docx
 
Part 1 Listed below are several key Supreme Court decisions that .docx
Part 1 Listed below are several key Supreme Court decisions that .docxPart 1 Listed below are several key Supreme Court decisions that .docx
Part 1 Listed below are several key Supreme Court decisions that .docx
 
Part 1 Infrastructure DesignCreate an 8–10-page infrastructur.docx
Part 1 Infrastructure DesignCreate an 8–10-page infrastructur.docxPart 1 Infrastructure DesignCreate an 8–10-page infrastructur.docx
Part 1 Infrastructure DesignCreate an 8–10-page infrastructur.docx
 
part 1 I attended an international conference on Biotechnology and .docx
part 1 I attended an international conference on Biotechnology and .docxpart 1 I attended an international conference on Biotechnology and .docx
part 1 I attended an international conference on Biotechnology and .docx
 
Part 1 Chapter 7 Summary plus end of chapter discussion of Alfred.docx
Part 1 Chapter 7 Summary plus end of chapter discussion of Alfred.docxPart 1 Chapter 7 Summary plus end of chapter discussion of Alfred.docx
Part 1 Chapter 7 Summary plus end of chapter discussion of Alfred.docx
 
Parent Involvement Plan This week you will create a Parent Involve.docx
Parent Involvement Plan This week you will create a Parent Involve.docxParent Involvement Plan This week you will create a Parent Involve.docx
Parent Involvement Plan This week you will create a Parent Involve.docx
 
Parenting Practices Over GenerationsGeneration 1 Years children.docx
Parenting Practices Over GenerationsGeneration 1 Years children.docxParenting Practices Over GenerationsGeneration 1 Years children.docx
Parenting Practices Over GenerationsGeneration 1 Years children.docx
 
ParamsThe interface must be pleasing to look at (a basic form wit.docx
ParamsThe interface must be pleasing to look at (a basic form wit.docxParamsThe interface must be pleasing to look at (a basic form wit.docx
ParamsThe interface must be pleasing to look at (a basic form wit.docx
 

Recently uploaded

भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,Virag Sontakke
 
Painted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaPainted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaVirag Sontakke
 
ENGLISH5 QUARTER4 MODULE1 WEEK1-3 How Visual and Multimedia Elements.pptx
ENGLISH5 QUARTER4 MODULE1 WEEK1-3 How Visual and Multimedia Elements.pptxENGLISH5 QUARTER4 MODULE1 WEEK1-3 How Visual and Multimedia Elements.pptx
ENGLISH5 QUARTER4 MODULE1 WEEK1-3 How Visual and Multimedia Elements.pptxAnaBeatriceAblay2
 
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfEnzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfSumit Tiwari
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxGaneshChakor2
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxsocialsciencegdgrohi
 
Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxthorishapillay1
 
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...Marc Dusseiller Dusjagr
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13Steve Thomason
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdfSoniaTolstoy
 
A Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy ReformA Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy ReformChameera Dedduwage
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxVS Mahajan Coaching Centre
 
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Celine George
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology  ( Production , Purification , and Application  ) Hybridoma Technology  ( Production , Purification , and Application  )
Hybridoma Technology ( Production , Purification , and Application ) Sakshi Ghasle
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxpboyjonauth
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon AUnboundStockton
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfsanyamsingh5019
 

Recently uploaded (20)

भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,
 
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
 
Painted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaPainted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of India
 
ENGLISH5 QUARTER4 MODULE1 WEEK1-3 How Visual and Multimedia Elements.pptx
ENGLISH5 QUARTER4 MODULE1 WEEK1-3 How Visual and Multimedia Elements.pptxENGLISH5 QUARTER4 MODULE1 WEEK1-3 How Visual and Multimedia Elements.pptx
ENGLISH5 QUARTER4 MODULE1 WEEK1-3 How Visual and Multimedia Elements.pptx
 
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfEnzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
 
Staff of Color (SOC) Retention Efforts DDSD
Staff of Color (SOC) Retention Efforts DDSDStaff of Color (SOC) Retention Efforts DDSD
Staff of Color (SOC) Retention Efforts DDSD
 
9953330565 Low Rate Call Girls In Rohini Delhi NCR
9953330565 Low Rate Call Girls In Rohini  Delhi NCR9953330565 Low Rate Call Girls In Rohini  Delhi NCR
9953330565 Low Rate Call Girls In Rohini Delhi NCR
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptx
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
 
Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptx
 
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
“Oh GOSH! Reflecting on Hackteria's Collaborative Practices in a Global Do-It...
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
 
A Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy ReformA Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy Reform
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
 
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology  ( Production , Purification , and Application  ) Hybridoma Technology  ( Production , Purification , and Application  )
Hybridoma Technology ( Production , Purification , and Application )
 
Introduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptxIntroduction to AI in Higher Education_draft.pptx
Introduction to AI in Higher Education_draft.pptx
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon A
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdf
 

GLOBAL STRATEGY AND POLICY MAN 4720, Schwartz Distanc.docx

  • 1. GLOBAL STRATEGY AND POLICY MAN 4720, Schwartz: Distance Learning COURSE INFORMATION HANDOUT NUMBER 6.1 APPLIED CONCEPT PAPER – STUDENT SAMPLE Applied Concept Paper Module F Web Chapter A – Strategic Issues in Managing Technology and Innovation Web Chapter B – Strategic Issues in Entrepreneurial Ventures and Small Businesses Web Chapter C – Strategic Issues in Not-For-Profit Organizations
  • 2. Janet Gomez Z: 0000 November 18, 2012 Prepared for: Professor Harry Schwartz Kevin Concilio Kevin Concilio Kevin Concilio 1 Contents Executive Summary……………………………………………………………... ..2 Abstracts………………………………………………………………
  • 3. …………...2 Concepts……………………………………………………………… …………...4 Analysis……………………………………………………………… …………....6 Conclusion…………………………………………………………… ……………7 Appendices…………………………………………………………… …………...9 A. Bibliography B. Articles 2 Executive Summary This paper will first discuss articles that are linked to the main concepts to innovation, small businesses and not-for-profit organizations. One main concept of technology and innovation is that companies need to focus on how their top managers should emphasize focus on the development of new products, and developing technology. Next, the paper
  • 4. will transition to the complications that not-for-profit’s can face when formulating a strategy, and how strategic piggybacking can bring exposure to an organization. Finally, this paper will identify some effective new venture business strategies. The purpose of this paper is to apply these key concepts listed to real world business articles. The concept of this paper is important to business students because it helps future entrepreneurs to understand strategies and concepts that are used by businesses. I learned from this assignment that every business is faced with many issues and that it is the way that the management concepts we are learning about are applied the help them strategically find a way to deal with these hurdles. Success or failure in their industries may depend on it. Abstracts 1. At Proctor & Gamble, the Innovation Well Runs Dry, Lauren Coleman-Lochner and Carol Hymowitz, 6 September 2012
  • 5. Proctor & Gamble is faced with one of its biggest challenges in their history, keeping up with emerging innovation that is being created in new product categories. The company has been known for launching new pioneering products and opening the doors for different product categories. Lately, though the company has found itself focusing mainly on product extensions and embellishments on their current product line. The article blames the CEO of Proctor & Gamble, Bob McDonald. Proctor & Gamble’s main issue is that top management need to find a way to reverse market share declines and they need to emphasize to management what is really important so they can climb back to the top of the industry. 2. The Kodak Lie, Larry Keeley, 18 January 2012 Kodak, who was once the classic American innovative and inventive symbols of our country, has tragically demised. The company missed their moment of breakthrough when new digital photography replaced film photography.
  • 6. Although Kodak’s leaders knew about the impending shift to digital, they failed to realize that they couldn’t shift technology with their signature strengths in film. The company instead focused on their 3 current technologies such as organic chemistry, optics and films without trying new unfamiliar technologies. Essentially, Kodak needed to formulate ideas outside of the box and focus on what new innovations their consumers wanted and needed. 3. Susan G. Komen for the Cure Defunds Planned Parenthood, Ruth McCambridge, 01 February 2012 Susan G. Komen for the cure, earlier this year, decided that it would no longer provide funds to Planned Parenthood for performing breast exams. This move was a huge risk that was taken to support pro-life efforts to cut Planned Parenthood’s federal funding.
  • 7. The reason for the defunding provided by the foundation is their newly passed policy that disallows the organization from providing funds for organizations under congressional investigation. This new move has raised a lot of controversy for the organization and the decision has brought up questions on what the real motive of the foundation is. 4. La Raza Conference Explores Social Media Strategies, Aine Creedon, 11 July 2012 This article discusses the not-for-profit organization the National Council of La Raza’s recent social media strategies. The organization has been researching strategies that are being used that could further develop their brand and help raise funds online. Social media is providing the tools that can be used for organizations to develop and implement new strategies that will give their brand recognition, which will in turn generate new revenue for not for profit agencies. Benefits for an organization’s shift to social media
  • 8. can be the start of a new venture and achieving new social goals. 5. At Youfit Health Clubs, patrons can Feel the Burn without Bells, Whistles, Alexandra Clough, 18 May 2012 Youfit health Clubs stemmed from Planet Fitness founder Rick Berks, is a health club that offers the basics such as resistance training, weightlifting and cardio, without the extra bells and whistles that more expensive health clubs offer. The more expensive health clubs offered services such as racquetball, basketball, spas, classes and indoor swimming pools. The founder would describe these clubs as a “see and be seen” kind of attitude about the club. He decided to make a club that is non- judgmental, affordable, and still has new equipment, a clean environment, individual TV’s and iPod/mp3 ports. Youfit doesn’t have a target group of people;; all types of people feel more comfortable in their clubs regardless of age or fitness level.
  • 9. 4 Concepts 1. The Role of Management in Innovation: The most important driver of corporate value is innovation. It is important for a company to generate a strong return from investment in R&D, and at the same time take innovative risks. Management has an obligation to not only encourage new product development but also develop a system to ensure that technology is being used most effectively, with the consumer in mind. The importance of technology must be reinforced by top management and encouraged by everyone throughout the corporation. If top management lacks desire to concentrate on investing time and money on innovation, then managers will follow their lead and show no interest in the subject. 2. Technological Developments: Corporations need to keep up with the external developments of technological advances. When a corporation falls behind on technology that can put them in an extremely dangerous point. Companies that are in the lead of their
  • 10. industry must not focus too closely on ways to improve their current product line, instead must focus on new developments that could be their next technological advance. Technology grows at an extremely fast rate and it is difficult for a company to keep up or surpass that rate if they are not focusing externally. The book explains one way to learn about new technological developments in an industry. The company should locate their research and development centers in locations where there is a strong impact on that products development. Ultimately, that will put their key employees where they need to be where the leading edge of technology is. 3. Complications to Strategy Formulation: One of the main issues in strategic management for not-for-profit agencies is the tendency to make decisions based on a mission rather than a strategy. Not-for-profits’ continued long range planning and decision-making can be affected by certain constraints that can have a negative effect on
  • 11. the formulation of an effective strategy. One constraint can be when a goal of an organization can interfere with rational planning. Decisions can be made by the organization based on pressures of stakeholders, which make significant contributions, to the detriment of the organization as a whole. These decisions can have a negative effect on the contributions to the organization, because people may not agree with the motives of the decision. 5 4. Strategic Piggybacking: The term strategic piggybacking, which was coined by Nielson, is the development of a new activity for a not-for- profit organization that generates funds to make up the difference between revenues and expenses. The purpose of the new activity is to help the primary service program generate new revenue yet still be related to the organizations mission. Strategic piggybacking is not a new strategy, and
  • 12. it’s actually really popular in not-for-profit agencies. A great portion of large and popular not-for-profit’s revenue since the 1970’s has been from numerous forms of new ventures. The IRS however advises not-for-profits to not engage in these types of activities because it may jeopardize their tax-exempt status if income exceeds 20% of total revenues from the activity. 5. New Venture Business Strategy: The two keys for success in new ventures, according to Hofer and Sandberg, are (1) to differentiate the product from those of other competitors in the areas of quality and service, and (2) to focus the product on customer needs in a segment of the market in order to achieve a dominant share of that part of the market. It is important for a new venture to study their competitors, and the needs of their consumers in order to understand how they would respond to the companies’ entrance into the market. To continue growth the company can emphasize their continued
  • 13. innovation and pursue natural growth in the market. Additionally, a firm can further success by forming a strategic alliance with similar markets. Analysis 1. The Role of Management in Innovation: The CEO of Proctor and Gamble has recently been under fire because of failing to keep up with P&G’s breakthrough image. Proctor and Gamble is known for their innovative products and for introducing the consumers to new product categories. Recently there has been a decline in the pioneering of their brands. P&G’s CEO Bob McDonald has management sectioned in units, which has slowed innovation. The corporation has instead focused on reformulating products and not on inventing new products. As a result of this customers, have been switching to cheaper competitors such as Unilever as well as store brands. Customers don’t mind paying for technological advances in their household products, but they do not want to keep paying the high price for an extended version of the product when they can get the
  • 14. same advance from a cheaper brand. P & G needs to refocus on technological competence as it did in past years. 6 2. Technological Developments: Kodak in the mid 1990’s was a healthy company. Kodak was known for developing high end products from their continued focus on their signature strengths organic chemistry, optics and films. What they failed to realize was that though they focused on innovation of their familiar products, technology was shifting to newer unfamiliar things. Kodak missed view of new developments from businesses rivals that quietly engineered and focused on new digital technology basically ignoring the product life cycle. Unfortunately, they continued to lose market share in the industry that they once dominated and because of the lack of new developments, they would not be able to regain those consumers.
  • 15. 3. Complications to Strategy Formulation: The Susan G. Komen foundation for Breast Cancer Awareness was recently hit hard for withdrawing funding to Planned Parenthood. The backlash caused a wave of resignations and the brand has overwhelmingly plummeted during their first quarter after the announcement. The reason that Komen has given for the action is that its board has just now passed a policy that disallows them from funding any organization under congressional investigation. Susan G. Komen foundation failed to strategize the decision before making it; they needed to fully implement the consequences from all angles before deciding. In order to proceed from this decision, Komen needs to become aware of the danger of goal displacement and focus on a strategy instead of its mission. This is good example of the special challenges organizational governance issues presents to Not-For-Profits. 4. Strategic Piggybacking: The National Council of La Raza (NCLR) recently decided to enter new activities with social media, essentially to further their brand and online
  • 16. funding. One of the new strategies on the panel is accepting mobile donations. Donors can easily contribute to the organization using their mobile devices giving them the option of donating from anywhere at anytime. A new Facebook tool for not-for-profit’s called Facebook Causes is another media strategy that would allow organizations to draw attention and raise funds for them online. Also the foundation has been partaking in Twitter chats and interacting with Google to qualify for Google Grants. These new activities that the National Council of La Raza are engaging in are forms of strategic piggybacking which is allowing not-for-profits to generate revenue and achieve their social goals. 7 5. New Venture Business Strategy: Youfit Health Clubs came into an industry that has been around for a while but the company has become a success because of their business
  • 17. strategy. Youfit focused on what their customers really wanted in a health club, instead of targeting the stereotype of health club goers. Youfit’s Business strategy targeted both Hofer and Sandberg’s keys to success. The company differentiated the health club by providing the basic needs in a health club making it affordable to consumers in a hurting economy. Youfit used a differentiation strategy to focus on its customers’ needs by providing the services that they requested without the extra services that they didn’t use. This strategy that the founder implemented has made the health club successful. Conclusion In Summary, it is important for today’s future entrepreneurs to be able to apply concepts and strategies learned in the classroom to real word business problems. This paper provided me with a better understanding of innovation and technological development. In the twenty-first century innovation has become a main focus for a corporation whether
  • 18. small, large, for-profit, or not-for-profit. Small businesses and not-for-profit agencies also need to focus on strategies and implementation just as much as a huge corporation does. The business world keeps growing at a fast rate and in order to succeed, you need to be able to compete. The lessons learned in the classroom can help an organization compete and succeed today and in the future. 8 Appendices a. Bibliography Clough, Alexandra. "At Youfit Health Clubs, Patrons Can Feel the Burn without Bells, Whistles." At Youfit Health Clubs, Patrons Can Feel the Burn without Bells. The Palm Beach Post, 18 May 2012. Web. 17 Nov. 2012. <http://www.palmbeachpost.com/news/business/at-youfit- health-clubs-patrons-can-feel-
  • 19. the-burn-w/nPKT9/>. Colman-Lochner, Lauren, and Carol Hymowitz. "At Proctor & Gamble, the Innovation Well Runs Dry." Bloomberg Businessweek. Bloomberg.com, 6 Sept. 2012. Web. 17 Nov. 2012. <http://www.businessweek.com/articles/2012-09- 06/at-procter- and-gamble-the-innovation-well-runs-dry>. Creedon, Aine. "NPQ." La Raza Conference Explores Social Media Strategies. Nonprofit Quarterly, 11 July 2012. Web. 17 Nov. 2012. <http://www.nonprofitquarterly.org/policysocial-context/20634- la-raza- conference-explores-social-media-strategies.html>. Keeley, Larry. "The Kodak Lie." Fortune Tech Technology Blogs News and Analysis from Fortune Magazine RSS. CNN Money, 18 Jan. 2012. Web. 17 Nov. 2012. <http://tech.fortune.cnn.com/2012/01/18/the-kodak-lie/>. McCambridge, Ruth. "NPQ." Susan G. Komen for the Cure Defunds Planned Parenthood. Nonprofit Quarterly, 01 Feb. 2012. Web. 17 Nov. 2012.
  • 20. <http://www.nonprofitquarterly.org/governancevoice/19541- susan-b-komen-for-the-cure- defunds-planned-parenthood.html>. Wheelen, Thomas L., and J. David Hunger. " Concepts in Strategic Management and Business Policy: Achieving Sustainability”. Upper Saddle River, NJ: Prentice Hall, 2010. 110-14. Print. b. Articles Article 1 9 At Proctor & Gamble, the Innovation Well Runs Dry, Lauren Coleman-Lochner and Carol Hymowitz, 6 September 2012 For much of its history, Procter & Gamble (PG) didn’t just launch new products, it created new product categories, from the first mass-produced disposable diapers to Crest teeth-whitening kits. That’s one reason P&G has more than 1,000 Ph.D.’s among the
  • 21. 8,000 employees at its 26 innovation facilities around the world. “P&G is largely a branded science company,” says Larry Huston, former innovation officer at P&G who’s now managing director of 4inno, a consulting firm. Lately, though, there’s been a dearth of pioneering brands emerging from the world’s largest consumer-products company. Spending on research and development in fiscal 2012 ended June 30 was $2.03 billion, or 2.4 percent of sales, the same as the prior year and down from 3 percent of sales in 2006. P&G’s most recent homegrown blockbusters—Swiffer cleaning devices, Crest Whitestrips, and Febreze odor fresheners—were all launched at least a decade ago. Says Peter Golder, a professor at the Tuck School of Business at Dartmouth College: “P&G is built on creating new categories, and innovation is in its DNA, but they need to rediscover it.” Regaining its new-product mojo is crucial because P&G’s business strategy has long
  • 22. been to charge premium prices for cutting-edge products. A 150-oz. container of liquid Tide detergent is $18 at Target (TGT), for instance, 20 percent more than the retailer’s house brand. As rising commodity prices have increased the cost of most basic household products, cash-strapped customers may still be willing to pay more for true innovations but not necessarily for the kind of product extensions and embellishments P&G has turned to. That’s created a challenge for Chief Executive Officer Bob McDonald, who has lowered profit forecasts three times since Jan. 1. He’s trying to cut $10 billion in costs by 2016 and reverse market-share declines in such key categories as U.S. detergents. McDonald is under pressure from activist investor William Ackman, who in July took a $1.8 billion stake in P&G and may seek management changes. Blockbusters have “dried up a bit,” acknowledges Bruce Brown, P&G’s chief technology officer. “We want to get back to
  • 23. more of that.” 10 McDonald earlier this year assembled a team of researchers, marketing managers, and senior executives from across the company to chart a bolder innovation course. The group spent 10 weeks analyzing P&G’s new-product pipeline and selecting the most promising ideas for development. But most won’t be ready for at least another year. P&G’s 175-year history is filled with such consumer-product innovations as the first synthetic detergent (Dreft, in 1933), the first fluoride toothpaste (Crest, in 1955), and the first stackable potato chip (Pringle’s, which later dropped the apostrophe, in 1968). Researchers typically have leveraged technologies already used in P&G products to come up with entirely new ideas. For Crest Whitestrips, launched in 2002, they adapted
  • 24. bleaching methods from P&G’s laundry business, film technology from the food wrap business, and glue techniques from the paper business. In recent years, however, the company’s product pipeline has been mainly focused on “reformulating, not inventing, products,” says Victoria Collin, an analyst at Atlantic Equities in London. Among these are new scents of Tide for Eastern European markets and Secret deodorant’s Natural Mineral line. As a result, analysts say P&G has lost customers in the U.S. and other developed countries, who’ve switched to cheaper products made by such rivals as Unilever, as well as store brands. When former CEO A.G. Lafley took charge in 2000, he sought to increase the rate of product development by collaborating with outside partners who could help with everything from packaging to product design. Working with outsiders has enabled P&G to gain access to some important technologies, such as a
  • 25. wrinkle-reducing ingredient made by a French company, Sederma (CRDA), that’s used in its best-selling Olay Regenerist skin cream. But Lafley also decentralized R&D, making business-unit heads responsible for developing new items. R&D chief Brown says that inadvertently slowed innovation by more closely tying research spending to immediate profit concerns. Between 2003 and 2008, the sales of new launches shrank by half. By the time McDonald became CEO in 2009, the number of what the company considered to be big product breakthroughs had fallen to an average of fewer than six per year as unit heads focused on short-term results and smaller inventions, says Brown. 11 McDonald, who has acknowledged that the company’s R&D has been “inadequate” in
  • 26. some product categories and regions, has now centralized 20 percent to 30 percent of P&G’s research efforts. He also named Jorge Mesquita, already chief of its pet care and snacks businesses, as head of P&G’s new business creation and innovation unit and given him responsibility for coordinating product launches. One area of focus is beauty, where “we lost our way for a couple of years,” says Brown. That business, which includes deodorants, cosmetics, and hair care and made up 24 percent of P&G’s $83.7 billion in sales in fiscal 2012, has been lagging competitors such as L’Oréal (OR) in product launches. (L’Oréal says it rolls out about 500 a year.) McDonald has said he hopes cost-cutting will free up more money for product development. Yet the squeeze has forced P&G to make tough choices even when it does introduce appealing products. One example: Spending to support a popular new Olay hair removal product last year pulled money from other products, “so the base business lost
  • 27. more than this new thing gained,” Brown says. Meanwhile, Unilever says it can roll out 10 new products in 60 countries in the same time it once took to introduce them in just 10 countries. Recent new products include Clear anti-dandruff shampoo and a Rexona deodorant that uses proprietary Motionsense technology to activate the product as the wearer moves. Kimberly-Clark (KMB), maker of Huggies diapers and Kleenex tissue, has opened research centers in South Korea and Colombia and increased R&D spending in the first half of this year by double-digits from the year before. “Our international business is growing so rapidly that the demand for innovation has increased,” Chief Financial Officer Mark Buthman says. P&G still brings plenty of new products to market. SymphonyIRI’s New Product Pacesetters report, which tracks the top-selling non-food innovations, showed P&G with
  • 28. one-third of the top 25 last year. And the company over the years has acquired big brands, including the Olay and SK-II skin care lines and Gillette. Yet homegrown 12 products remain the challenge. Says 4inno’s Huston: “You’ve got to be constantly creating innovation.” The bottom line: P&G, with $84 billion in annual sales, made its name as a new-product whiz. But its biggest homegrown hits are at least a decade old. Article 2 The Kodak Lie, Larry Keeley, 18 January 2012 FORTUNE -- People never seem to notice, but strategies have fashions. Just as cars had fins for a while, or business folks try to dress like they just stepped off the set of Mad Men, or phones get big touch screens and icons to chase after Jony Ive's iPhone design choices, there are also conventions in how we think about what firms should do to create
  • 29. value. These ways of thinking even have names so we can refer to them in shorthand: focus, cost leadership, differentiation, core competence leverage, supply chain integration, and the like. This came to mind over the last few days in the midst of the Kodak (EK) death vigil. Most of the Kodak conversation has been standard issue Chicken Little: the sky is falling; the American dream is dead; another classic company has bitten the dust. We're all off to hell in a handcart and there's not a thing we can do about it. After all, Kodak was a symbol of better times, an era when American innovation and invention was seemingly ubiquitous. But while George Eastman's goal -- to make photography "as convenient as the pencil" has been realized and even exceeded -- Kodak was not the company that capitalized on this new ubiquity. And so, with a mixture of schadenfreude and fear, we hear the Monday morning
  • 30. quarterbacks explain what went wrong and explain how a company with so much promise managed to snatch defeat out of the jaws of victory. The basic buzz is that Kodak missed the moment. Addicted to film photography, they never really could (to borrow a phrase from another brief strategic fashion) "cross the chasm" and drive the growing new digital photography field. What if this convenient analysis is just too superficial? The demise of Kodak isn't merely the classic disruption story that everyone loves to tut tut over. Nor is the company's 13 downfall merely a result of recent bad decisions or the mismanagement of senior executives. It is the more nuanced story of how easy it can be to get things wrong, even when trying with the best of intentions to do everything right. It's a cautionary tale of the need for deeper understanding of what innovation really means,
  • 31. and how it is infinitely more vital than most people think it is, even as it isn't about any single product or widget or technology. Kodak knew all about the impending disruption of digital technology. As many have noted, they own the primary patents on digital photography and built one of the world's first digital cameras in 1975. As The Economist reported recently, a report circulated among senior executives in 1979 detailed how the market would shift permanently from film to digital by 2010. This disruption was no surprise. But following the fashions of the moment back then, Kodak's leaders looked at the whole shift through the lens of their signature strengths in chemistry, optics, and films. They tried to do new things with familiar capabilities at the exact moment they needed to be hungrier to do truly new, unfamiliar things. One of Kodak's significant attempts to diversify away from the
  • 32. world of film came at the end of the 1970s. They targeted xerography, specifically aiming at the other hometown hero in Rochester, New York. I was consulting with Xerox (XRX) at the time, and we took Kodak's threat to enter the world of copying very seriously. We were right to; Kodak's strengths in organic chemistry and optics helped them to create some excellent, high-end products. This way of thinking was fashionable at that moment. In 1979, Sony (SNE) used its skills in miniaturization to create the craze du jour, the Walkman. Toyota (TM) used its strengths in paints and seals to make better quality cars than Detroit was making. A decade later, one of my heroes, CK Prahalad, published his seminal paper on The Core Competence of the Corporation in Harvard Business Review to explain the fashion. In effect, the strategic question was: given what we are already good at, what new things can we do that will drive growth?
  • 33. For Kodak a continued focus on chemistry, optics and depositions on film made perfect sense. And it made it a healthy company through the mid-1990s. But what it missed, what 14 most of us chronically miss, was that the new businesses, however soundly reasoned and engineered, were dinky, especially viewed in comparison to their base business. This is why Pfizer (PFE) loves Lipitor (and the blockbuster drug model); why Cisco (CSCO) loves routers; and why it was hard for IBM (IBM) to sell off the ThinkPad (though it did so, in sharp contrast with HP (HPQ), which should have). And it's why PepsiCo (PEP) has found it so hard to sell healthy snacks, when soda and potato chips are so very popular. So often we want innovation to be easy -- allowing us only to have to tweak the familiar instead of trying to do something more deeply connected to how customers live
  • 34. their lives now. In Kodak's case, the digital photography field not only was slow growing but it actively undermined their largest source of profits: photo and motion picture films. The tiny sideline businesses simply could not scale at a rate that might make up for the loss of film revenues, so those inside the core business were unable or unwilling to do what it took to foster drastic transformation. This exact phenomenon plagues innovation in nearly every large firm. At least once a week, top executives tell me that new growth businesses in their firms are intriguing and potentially important, but they simply "don't move the needle." Said in plain American: "The hot new thing simply cannot produce enough revenues this quarter to improve my bonus as a senior executive." So those projects are starved of resources instead of nurtured. So what should Kodak have done? More to the point, what
  • 35. should you do to avoid this trap? Well, there is a new form of strategic thinking coming into fashion right now, called Convergences. Used well, it gives leaders a deeper sense of the interdependencies that connect firms, products, systems, and services in new ecosystems. It challenges the older notions of supply chains and vertical integration to get at newer ideas such as platforms, which move the cost and risk of innovating off your balance sheet and onto others'. It uses visualization techniques to reveal where new opportunity hotspots are emerging -- typically the confluence of new technological capabilities and new customer behaviors. This new way of shaping strategy can show you the next big thing, long before it has a name and a whole host of competitors. But that insight still doesn't solve the vexing cultural and accounting problems that plague most firms innovation choices: senior 15
  • 36. executives have to be incentivized to create hot new platforms that are newsworthy, not just get paid for driving growth in the familiar ways that drove value yesterday. Will this latest strategic fashion make a difference? It already does. Will it be a fashionable way to think for long? Who knows? Surely, I don't. That's the trouble with fashion. Something new is usually just moments away. But for now this is a solid way of thinking for those looking for the future to show up a little ahead of its regularly scheduled arrival. That, at least, will never go out of style. Article 3 Susan G. Komen for the Cure Defunds Planned Parenthood, Ruth McCambridge, 01 February 2012 January 31, 2012; Source: National Journal | The Associated Press reported Tuesday that Susan G. Komen for the Cure, in a move that may potentially risk a portion of its large base of supporters, has decided that it will no longer fund Planned Parenthood to perform
  • 37. breast exams. The move appears to be linked to pro-life efforts to edge Planned Parenthood out of federal funding due to its willingness to perform abortions, among a host of other health services for women. The grants to be cut went to at least 19 clinics and Planned Parenthood says they totaled approximately $680,000 last year. The reason that Komen has given for the action is that its board has just now passed a policy that disallows them from funding any organization under congressional investigation. Recently, the House Oversight and Investigations subcommittee launched an investigation, spearheaded by Rep. Cliff Stearns (R-Fla.), into Planned Parenthood’s use of federal funding and issued a letter demanding information from Planned Parenthood. While seen as a nuisance investigation by some, it was apparently enough for Komen to hang its hat on in making the decision to defund Planned Parenthood. A statement from Komen said that the action had been taken to “strengthen our grants
  • 38. program” and had “implemented more stringent eligibility and performance criteria...While it is regrettable when changes in priorities and policies affect any of our grantees, such as a longstanding partner like Planned Parenthood, we must continue to evolve to best meet the needs of the women we serve and most fully advance our mission.” 16 In cutting the funding Komen is the only known organization to cut funding to Planned Parenthood in response to the recent political pressure. Planned Parenthood, of course, has been under constant attack by right-to-life legislators who have repeatedly tried to block its federal funding but have been met by the resistance of President Obama and others who did not wish to see the organization unfairly pilloried. Some states have also
  • 39. attempted to pass laws preventing abortion providers such as Planned Parenthood from receiving Medicaid dollars, but the Center for Medicare and Medicaid Services warned states that such policies would put the totality of their Medicaid funding at risk. In response to the decision, some have pondered the potential influence of Komen Senior Vice President of Public Policy Karen Handel. Handel, the former Georgia secretary of state, joined Komen last April after an unsuccessful electoral run in Georgia’s Republican gubernatorial primary. During the campaign, Handel promised to nix state funding for breast screenings and cervical cancer screenings at Planned Parenthood if she became governor. “[S]ince I am pro-life, I do not support the mission of Planned Parenthood,” Handel wrote. In an article on New York Magazine’s Web site, Noreen Malone notes one tweet sent in response to the action. “The Komen Foundation just destroyed its brand, and it’s going to
  • 40. be very, very sorry.” Melinda Henneberger, a columnist in the Washington Post who has herself had breast cancer titles her article on the subject, “Planned Parenthood Will Recoup but Will Komen?” She cites a tweet from Daily Show co-creator Lizz Winstead that reads “I am crying in a cab at this Komen decision. Tomorrow we will rally. Who is in this fight with me! You can no longer sit idly by.” Henneberger then writes, “In response to the charge that it had given in to bullying, Komen said in a statement to CBS News that ‘grant-making decisions are not about politics.’ The PR team that came up with that one may have a future in comedy. Though I guess not at the Daily Show.” Article 4 La Raza Conference Explores Social Media Strategies, Aine Creedon, 11 July 2012 A panel at the National Council of La Raza’s (NCLR) recent conference in Las Vegas discussed some social media strategies worth noting. Titled “The Social Media Network
  • 41. 17 Explained: Get Noticed with New Media,” the panel discussion addressed organizations looking to further develop their brand and online fundraising. The NCLR panel brought attention to fundraising trends and mobile technology that could increase nonprofits’ online donations. Based on reporting from VOXXI’s Julissa Bonfante, here are some take-aways from the La Raza social media panel: Mobile donations: Make sure your organization is using the right tools for supporters to donate through mobile devices. This will give users the option to donate from anywhere, transforming their smart phone into a credit card. Using Facebook tools: Facebook Causes is a fundraising application integrated with Facebook and is one of the largest online advocacy platforms in
  • 42. the world. It allows nonprofits to draw attention to their causes and to raise funds. Any Guidestar-verified nonprofit can collect donations through Causes. Another important tip is to establish a strong Facebook page, since this may be the first page someone sees when looking up your organization. Timing is everything: NCLR’s panel spoke on the importance of posting on social networks during the weekends, claiming, “It’s when social media sites get the most traffic.” This claim conflicts with statistics released by Bitly several months ago on the optimal times to post on Twitter, Facebook and Tumblr (prime times to post on all three happened during the typical work week, not on the weekend, according to Bitly). Despite this discrepancy, few would dispute that posting on social networks during the weekend is a useful tactic. Tools such as HootSuite or Later Bro are handy to automate your weekend posts or tweets.
  • 43. Partake in live Twitter chats: Make sure your nonprofit is interacting with its followers on Twitter; one of the best ways to connect with organizations with similar missions is by participating in the right Tweet Chats. Unsure of where to start with tweet chatting? Here is a useful Twitter chat wiki. Take advantage of Google Grants: Google Grants is a great resource for nonprofits. Jennifer Edwards, associate coordinator of digital organizing for NCLR, points out that 18 “Google Grants provides non-profits $10,000 per month in in- kind AdWords advertising.” Summarizing a continual focal point of the panel, VOXXI’s chief operating officer and technology expert Ariel Coro said, “The key to social media is having a good strategy. Social media is putting all the tools in front of us but we have
  • 44. to understand the strategy beyond the tools.” In other words, social media can be erratic and is constantly changing, but developing and implementing solid and consistent strategies to approach social media never grows old. –Aine Creedon Article 5 At Youfit Health Clubs, patrons can Feel the Burn without Bells, Whistles, Alexandra Clough, 18 May 2012 The founder of Planet Fitness health clubs has found a new world in which to help people get healthy and fit. Youfit Health Clubs (www.youfithealthclubs.com ) is the brainchild of Boca Raton resident Rick Berks, who sold the Planet Fitness trademark in 2002 and finally parted ways with the company in 2008. It was at that point he decided there was a need for a health club that offered the basics, such as cardio and resistance training, without the bells and whistles of other, more expensive clubs that feature spas, classes and a see-and-be-seen attitude, Berks said.
  • 45. "There is an evolution to this type of club. In the past, clubs were everything-to- everybody types of clubs," Berks said. But Youfit offers a simple model for people who want to do strength and cardio training, without the need for classes or racquetball courts, for example. The newest Youfit just opened at the Town Center Mall in Boca Raton, in the back of the mall, known as the Terrace, above the Blue Martini bar. Making the clubs attractive to customers is that they require no long-term commitments, just $10 a month for access to a single club, or $19.99 a month for access to any Youfit club. There are about 40 Youfit clubs open now, including 32 in Florida, and Berks hopes to have 50 open nationwide by the end of the year. The concept was first started in 2008 but has really taken off in recent months, and more clubs are opening locally, Berks said. 19
  • 46. A Wellington location opened a few months ago, and several are under construction in Broward County, too. A number of clubs are opening in Arizona, as well. Berks said he's also scouting locations in California, the Northeast and the South. The soured economy has been an upside for Youfit, because suddenly there are a number of spaces, such as now-closed big box retailers, that are available for Youfit clubs, Berks said. Berks said the clubs bring in steady traffic all day, compared with clubs that seem to have peak periods during lunch and after work. The Simon Property Co., which owns the Town Center mall, has asked Berks to open a Youfit in Simon's Boynton Beach Mall, but Berks said he wants to see how the gym performs at Town Center before making a commitment to Boynton Beach. The Youfit clubs have a sleek, clean feeling, with all new equipment and plenty of it, so there's no need for a wait to exercise, Berks said. An express
  • 47. circuit works every part of the body in just 30 minutes per session, and includes both a cardio workout and strength training. There also is equipment for seniors who want low- impact equipment to increase strength and flexibility. In addition, the equipment is outfitted with individual TVs and ports for iPods or mp3 players. Berks says his goal is to make people of any age or fitness level feel comfortable working out. "A lot of people who do not (typically work out) feel more comfortable in our clubs," he said. "It's geared toward the person who has not been a serious exerciser but now wants to get fit." · Module C · Linking chapters 4 and/or 5: External and Internal Environment concepts to real life business · · · Link between five and eight concepts found in the designated chapters to one or more business news articles….PICK FROM BELOW! KEY TERMS FROM CHAPTER 4
  • 48. · Competitive intelligence · Competitors · complementor · Consolidated industry · EFAS Table · Entry barrier · Environmental uncertainty · Environmental scanning · Exit barrier · Fragmented industry · Global industry · Hypercompetition · Industry · Industry analysis · Industry matrix · Industry scenario · Key success factor · Multidomestic industry · Multinational corporation (MNC) · Natural environment · New entrant · Regional industries · Societal environment · STEEP analysis · Strategic group · Strategic type · Substitute product · Task environment KEY TERMS FOR CHAPTER 5 · Brand · Business Model · Capabilities · Capital budgeting · Competency · Conglomerate structure · Core competencies
  • 49. · Corporate culture · Corporate reputation · Distinctive competencies · Divisional structure · Durability · Economies of scale · Economies of scope · Experience curve · Explicit knowledge · Financial leverage · Functional structure · IFAS table · Imitability · Marketing mix · Operating leverage · Organizational analysis · Organizational structures · Product life cycle · R&D intensity · R&D mix · Replicability · Resource · Simple structure · Strategic business units (SBUs) · Supply chain management · Tacit knowledge · Technological competence · Technological discontinuity · Technology transfer · Transferability · Transparency · Value chain · Virtual teams · VRIO framework
  • 50. Page 1 of 3 GLOBAL STRATEGY AND POLICY: MAN4720, SCHWARTZ, DISTANCE LEARNING COURSE INFORMATION HANDOUT NUMBER 6 APPLIED CONCEPT PAPER PART ONE: ASSIGNMENT GUIDELINES 1. WHAT’S THE PURPOSE? This paper is intended to demonstrate your understanding of certain key concepts and your critical thinking ability to relate them to the real business world. 1.1 How does this work? You are expected to prepare one such paper during the term relating the concepts found in the chapters of modules A, C, D or E to real world business happenings. Each student will be randomly assigned to one of the modules for which notification will be made in a BlackBoard posting, on or about Wednesday, September 11. Chapter concepts and due dates are as follows: Module Conceptual framework Applicable chapters Due dates A Link between five and eight concepts found in the
  • 51. designated chapters to one or more business news articles. Two and/or three Please refer to the Syllabus Appendix A schedule. (Dates are also on the preference form) C Four and/or five D Six, seven and/or eight E Nine, ten and/or eleven 1.2 Do I need to link all of the concepts in the assigned chapters? No. As long as you link enough of them to demonstrate your comprehension and critical thinking ability, you may use concepts from any or all of the chapters in the module you selected. This should be between five and eight of them, depending on the depth of analysis for each. The key terms section at the end of each chapter may be helpful in making your selection. 1.3 Am I allowed to use more than one article? Yes. You may use multiple articles if this helps to better illustrate the concepts. If that is your choice please be sure to include an abstract for each one and provide copies of all of them. 1.4 Can I work with another student on these papers? These are individual assignments and group work will be
  • 52. viewed as plagiarism. 1.5 Can I select the Module on which to do the paper? No. I will assign the work as indicated in 1.1 above. Past experience has shown that allowing students this choice resulted in most of the class waiting until the end of the term to submit the paper. 1.6 What happens if I don’t submit my paper on time? Students must submit their papers by e-mail before midnight on the due date. Penalties for late submission increase exponentially with the number of days and late and failure to submit a paper or doing so more than five days after the due date will result in a 0/15 grade. Documentation must be provided for medical or family emergency extension requests. 1.7 What are the guidelines for structuring the paper? A sample paper, included as course information handout 6.1, and a sample grading sheet in 6.2 provide guidance for structuring the paper. A cover page that includes the following is also required: and Z number, course name and section number, due date and instructor’s name as well as the module and chapter numbers addressed in your paper as well as… work is based. E-mailing the URL or link will not suffice. Articles should be relatively recent, that is
  • 53. published within the last 24 months. format in an appendix. In text citation is not required for this paper. Wikipedia, Investopedia and similar open forum sites are not academically valid. http://owl.english.purdue.edu/owl/section/2/ Kevin Concilio Kevin Concilio Kevin Concilio Kevin Concilio Kevin Concilio Kevin Concilio Kevin Concilio Kevin Concilio
  • 54. Kevin Concilio Kevin Concilio Kevin Concilio Kevin Concilio Kevin Concilio Kevin Concilio Page 2 of 3 1.8 Does this paper need to be posted on SafeAssign? No it does not. For this course only the Porter’s forces assignment must be posted on SafeAssign. 1.9 Do writing skills count in grading my work? Clear composition is vital to understanding what you mean and assessing your critical thinking skills. Most importantly, writing ability is crucial in the business world as well as being an important component of your grade.
  • 55. 1.10 How many pages are expected and what is the content? Although I suggest that your paper be between six and nine pages in length, I tend to be fairly flexible as long as you avoid both padding and being so excessively brief that it becomes difficult to read or understand. Be sure that the content is relevant. Use a 12-point font, allowing approximately 1½-line spaces. Structure your paper using titles to divide ideas and distinguish concepts from one another. Provide an abstract of one or two paragraphs summarizing the article(s) briefly in your own words. Approximately 20% of the paper should be devoted to defining the textbook and course document concepts that you intend to link to the article. The remainder, representing at least half, should be dedicated to an analysis showing how your article may be used to interpret the selected concepts. A one-paragraph conclusion should briefly explain what you learned from the exercise. Finally, APA or MLA formatted, source notes are essential. Your paper should be structured using the following segments. Segment General content Page range Executive summary In a couple of paragraphs sum up the purpose of your paper, provide a few explicit linkage examples and one sentence stating what you learned from the exercise. ½ to 1 Abstract(s)* A factual summary, paraphrasing the article(s) very briefly in your own
  • 56. words without opinion or editorial comment. Include the article title, the author’s name and the date of publication. The number of pages shown at the right depends on the number of abstracts, not the length of each. ½ to 1 ½ Concepts An overview, defining the concepts that you intend to illustrate with your article 2 to 3 Analysis Connect the article to the key concepts. Use subheadings corresponding to each defined concept and frame your analysis using appropriate terminology. 2 to 4 Conclusion Clearly state what you learned from the exercise ½ Appendices Include a copy of the article(s), and cite your sources in APA or MLA* format. Wikipedia and other “wiki” type sites are not academically acceptable sources N/A *If these terms are unfamiliar to you, please click on the links to research the web for their meanings.
  • 57. 1.11 How will my work be graded? The grading rubric in course information handout 7.2 includes the following evaluation criteria. ted article(s): Inherent relevance 1.50 points nts *If this term is unfamiliar to you, please research the web for the meaning. 1.12 How important is it to use the theoretical terminology? It is critically important. You are expected to make use of and integrate the strategic management concepts, terminology in order to illustrate how the theory applies to real business world situation. ../CI%20files%20DL%20Fall%202014/CI05%20Porter%20assig nment%20instructions.pdf Kevin Concilio http://owl.english.purdue.edu/owl/section/2/ http://www.ece.cmu.edu/~koopman/essays/abstract.html http://owl.english.purdue.edu/owl/section/2/ http://www.ece.cmu.edu/~koopman/essays/abstract.html
  • 58. Page 3 of 3 APPLIED CONCEPT PAPER PART TWO: HELP 2.1 Can I E-mail you for advice? Absolutely: Since I generally answer my e-mail between 6 and 7 AM you may expect an answer within 24 hours. However, I will not edit your paper for you by E-mail. If the answers to your questions are long and/or complex, or if a full review of your paper is needed I will ask you to provide me with a daytime telephone number or to meet with me during office hours. 2.2 Can I ask you to look over my work before submitting the final paper? Yes, under certain conditions. You should be well prepared with specific questions and a draft beforehand. Time constraints are such that I will not edit your paper and return it to you by e-mail. For anything more than straightforward clarification questions, please E-mail your work and provide a daytime telephone number and indicate when you will be available. 2.3 Is help also available for other assignments? Yes. If you find the instructions confusing or simply want suggestions for improvement, I will be happy to assist you. Replies to questions of a general nature, the answers to which your group teammates may also benefit, will be sent via BlackBoard block e-mail. Once
  • 59. again, be sure that you have completed the assigned readings beforehand. 2.4 One final and very important note Please ask for assistance well enough in advance for me to help you. The likelihood of getting meaningful help a day or two before the due date is slim to none. CI06 Applied concept paper FAQs.docx Kevin Concilio Kevin Concilio Kevin Concilio Kevin Concilio