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2/9/2018 Week Two Discussion One - PSAD 302 6980
Introduction to Public Safety Administration (2182)
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Candice Gay Week 2 Discussion 1
Candice Gay posted Feb 8, 2018 8:53 PM Subscribe
The federal government has significant influence over our day
to day to life.
Largely in part because the federal government oversees our
homeland and
national security and the health and overall well-being of the
realm. Healthcare,
specifically programs like Medicare and Medicaid account for a
major chunk of the
budget. According to the Center on Budget and Policy
Priorities, “four health
insurance programs — Medicare, Medicaid, the Children’s
Health Insurance
Program (CHIP), and Affordable Care Act (ACA) marketplace
subsidies — together
accounted for 26 percent of the budget in 2016, or $1 trillion.”
Federal funding
extends to various research carried out by the National Health
Institute and the
Centers for Disease Control. Although the Constitution provides
a clear
distinction of federal and state powers, the federal government
seems to reign
supreme in all matters healthcare.
Reference
Policy Basics: Where Do Our Federal Tax Dollars Go? (2017
October 10) Retrieved
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Charles week 2 Quest 1
Charles Pitt posted Feb 7, 2018 8:24 PM Subscribe
In answering this question let me start by saying this, before
the year 1916 the
Federal Government had little input in how the states operated
when it came to
public safety, sure it had some regulations in place as to how
every state should
operate due to its citizens being American citizens first, It could
not actually tell
the States how to operate because the State had to operate on a
budget that was
suited for them. After 1916 when Federal taxes became a legal
institution the
Federal Government could address many more problems and
situations due to the
fact that they were operating with a significant more amount of
money. This
afforded the Federal Government and Congress to come up with
ways and ideas
to Negotiate with the States in order to better ensure the safety
and security of
the public. In which they came up with the Federal Grants
Initiative program,
whereas States would be able to qualify for the different grants
as long as they
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Introduction to Public Safety Administration (2182)
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abide by the stipulations of the Federal Government. This type
of negotiation
afforded appealed to the States because now they could receive
a good amount of
money from the government to spend on the areas in which they
knew was
needed but not necessarily have the funds to place there. This
was called Fiscal
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Week 2 DQ1 - David
David Anderson posted Feb 8, 2018 8:58 PM Subscribe
The Federal government attaches conditions on grants that are
provided to state
and local governments. The most recent example is the court
case involving
President Trump’s executive order directed towards sanctuary
cities. Jeff Sessions
attempt to modify the conditions of the grant without
Congress’s approval. Even
through Judge Leinenweber ruled against part of the policy to
deny funds, I
believe it is a great example of how the Federal government can
use funds to
influence public safety. Local governments accepting grants
from the Federal
government must adhered to the stringent conditions agreed
upon prior to
providing the grant.
Reference:
Somin, I. (2017, September 15). Analysis | Federal court rules
against part of
Trump plan to deny funds to sanctuary cities. Retrieved
February 08, 2018,
from https://www.washingtonpost.com/news/volokh-
conspiracy/wp/2017/09/15/federal-court-rules-against-part-of-
trump-
administration-effort-to-target-sanctuary-
cities/?utm_term=.6ec6c4bcb654
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Week Two Discussion One
Florita Wesley posted Feb 8, 2018 8:33 PM Subscribe
The federal government uses of funding to influence the
behavior and policies of
local level public safety related programs can be in the form of
an incentive or
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Introduction to Public Safety Administration (2182)
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disincentive. In other words, if the states do not comply with
regulations imposed
by the federal government; the federal government could
withhold certain
funding. For instance, under the Uniform Drinking Age Act of
1984, the federal
government required states to raise the drinking age to 21 to
receive highway
funds (incentive) or face cuts to their federal highway funding
(disincentive).
Moreover, according to the Center for Disease Control and
Prevention (2017), “the
minimum legal drinking age of 21 saves lives and protects
health.”
Reference
CDC (2017). Age 21 minimum legal drinking age. [Online
serial] Center for
Disease Control and Prevention Retrieved fromless
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week 2 disscuss 1 - Greg Daclan
Greg Daclan posted Feb 7, 2018 1:13 AM Subscribe
The federal government can use funding to influence behavior
by intervening only
through individual behavior, meaning it is mostly done by
education, incentives,
or deterrence. Despite the benefits, it also has its flaws.
Through the public health
regulations use the data gathered for easier intervention for
many people, it can
be seen as a burden for those who live in poor families and
racial minorities.
However the government would still do this for people to know
of its existence
and be known. The funds amassed for this intervention would
go towards those
that will need to benefits of these programs, which would bring
more people to
these programs. It can both impede and promote safety by
bringing to to the
front.
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Ray_ Week 2
Patrick Ray posted Feb 7, 2018 12:41 PM Subscribe
There are a multitude of ways that the federal government can
influence the
behavior at the state and local level with funding. I was able to
find a number of
more
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Introduction to Public Safety Administration (2182)
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Week 2 question 1
Richard Weldon posted Feb 5, 2018 6:30 PM Subscribe
Provide and discuss an example of how the federal government
uses funding to
influence the behavior and policies of local level public safety
related programs.
The federal government has the ability to influence policy with
state government
by providing or with-holding funding through fiscal
opportunities like categorical
grants and block grants. The federal government can also
influence policy
through donation of equipment or man-power. One could argue
that the donation
of equipment and man-power, through the use of federal
employees like military
reservists and other disaster response personnel makes a more
direct and
authoritative statement regarding the power of the federal
government. No more
is this statement true than when one considers the 1033
program, a program that
authorizes the federal government to distribute surplus military
equipment to
state and local law enforcement agencies.
The 1033 program, reinstated by President Trump allows the
military to donate or
sell discounted military vehicles, weapons, clothing and other
miscellaneous
items to local and state law enforcement organizations. This is
important from a
policy perspective because the program was born from a clause
in the National
Defense Authorization Act under the subtitle “Counter-drug
activities”. Therefore,
this shows the federal government is making a plain and clear
statement through
this program; the war on drugs is a literal war, requiring
military equipment that
we will provide if you take the war to the streets.
http://www.dla.mil/DispositionServices/Offers/Reutilization/La
wEnforcement/Joi
nTheProgram.aspx
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Dq 1
Ronald Edhaya posted Feb 6, 2018 12:49 PM Subscribed
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Introduction to Public Safety Administration (2182)
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The government is known to optimally set expenditures equally
and letting taxes
shift residually, giving a clear indication that the government
has a certain
preference on either budgetary items for policy variability. The
government
understands that the correspondence between expenditure policy
and tax are
invalid if transfer programs are the link for local policies, and
the final result is
the policies having different outcomes on the transfer payments
(Koethenburger,
2008). The local government are thus obliged to choose their
policy variable
strategically to benefit from the transfer
State governments influence a certain state cost of taxation via
its own laid out
policy variables in a bid to capitalize on the effect in which
interstate transfers are
set upon an increase in state taxes. This is because an increase
in the rate of
taxation in one state will lower the transfer income in the state
which has an
increasing tax rate thus luring additional transfers to the other
neighboring state.
If the neighboring state optimized the taxes, public expenditure
would shift
creating a rise in transfer income.
However, taxes decrease with the optimization of expenditure
creating an effect
in luring more transfers to the other state that is financed by a
reduction of
transfers to the state with rising tax. The government, in federal
states,
capitalizes on such equilibrium implications by using funding
local governments
and states whose public safety policies favor transfers income
especially in states
that share dissimilar policies (Koethenbuerger, 2008)
Reference
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Week 2 Discussion 1
Travis Chase posted Feb 7, 2018 6:38 PM Subscribe
The federal government uses funding to influence the lower
levels of government
in numerous ways like fiscal federalism, categorical grants,
block grants, and
revenue sharing. All which use grant money with specific
policies they want the
states to adopt in order to receive money. I don't agree with
those funding
options because they put the lower governments in vulnerable
positions and gives
the federal government unfair leverage. For example, if a state
government
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Introduction to Public Safety Administration (2182)
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needed funding for education. The federal government will
provide the grant if
the state adopts certain changes to the educational curriculum
like, terminate
physical education. If the state is in desperate need of
education funding, they
may accept the grant even though it may not benefit the public.
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2/9/2018 Week Two Discussion Two - PSAD 302 6980
Introduction to Public Safety Administration (2182)
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Considering the concept of federalism, who bears the greatest
responsibility for
public safety: Federal state or local government? Or does the
greatest
responsibility for public safety lay elsewhere. Explain your
response.
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week 2 Quest 2 Charles
Charles Pitt posted Feb 8, 2018 7:32 PM Subscribe
In order to answer this type of question one must understand the
definition of
Federalism; Federalism is the division of powers between
central and regional
governments, central meaning local and regional meaning on a
national scale. let
me start off by saying this according to the Federalist at the
time James Madison
and Alexander Hamilton, Although they held different views
and objectives on the
subject they still believed that the National Government played
an intricate roll in
the responsibility of public safety. I always side on the side of
assurety. What this
means is, I tend to agree with what seems to be that of assurety
( A sure thing if
you will), when it comes to safety. I have always believed in the
big brother
theory, because my brother has always been the type of
individual to look out for
me. ( analogy, Federal Government big brother and State being
younger) I also
believe like Hamilton, it being a shared responsibility, because
looking at it from
the States level they would really understand the citizens needs
in the area but
on the other hand the Federal Government has an observation of
a bigger picture
looking at it from the outside if you will when it comes to the
needs of the
citizens as well concerning safety, all in all according to the
U.S. Constitution
Article VI It declares the laws of the National Government
deriving from theless
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Week 2 DQ2-David
David Anderson posted Feb 7, 2018 2:30 PM Subscribe
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The definition of Federalism is the distribution of power in
an organization
(such as a government) between a central authority and the
constituent units
(Merriam-Webster, 2018). I found the article in Annenberg
Learner, Federalism:
U.S v. the States extremely interesting, especially when the
article refers to
Federalism as a division of powers and a constant struggle. All
levels of
government are responsibility for the safety of the public. I
don’t believe the
burden is less as the responsibility or jurisdiction expands.
Federal is responsible
for a large piece of the puzzle and supports at the state level.
State is
responsible for the state level and supports the local, county and
city. Local
government is the first responder and is in direct contact with
the public.
Local government is responsible for making sure the
information;
Magnitude of the incident and the amount of support required is
properly relayed
to the next level. The responsibility, and importance of
relaying information
should be equally significant at every level.
I believe the biggest burden of public safety lies with
the public. It is the
public’s responsibility to become educated on how the
government works and
continue their education as the government evolves. Too often,
state, local and
federal levels of government propose measures to change the
laws and the public
does not research the information prior to voting.
References:
Federalism: U.S. v. The States, Topic Overview. (n.d.).
Retrieved February 07,
2018,
from http://www.learner.org/courses/democracyinamerica/dia_3/
dia_3_topic.ht
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Week Two Discussion Two
Florita Wesley posted Feb 8, 2018 8:36 PM Subscribe
http://www.learner.org/courses/democracyinamerica/dia_3/dia_
3_topic.html
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Federalism divides power into two levels, national and state.
Therefore,
considering the concept of federalism, it could be implied that
federal, state and
local governments each have its own level of responsibility for
public safety.
However, when it comes to public safety – I believe that it’s
everybody’s
responsibility for public safety. We, citizens (public), are
governed locally, as well
by our national and state governments and need to communicate
altogether.
After all, there are more citizens than federal, state and local
governments; and
we, as citizens are more likely to see and hear something first.
That is, “see
something say something ” Public safety is everybody’s
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week 2 disscuss 2 - Greg Daclan
Greg Daclan posted Feb 8, 2018 12:45 AM Subscribe
All three systems of government are responsible for public
safety. While the three
take on specific part of government, they are all aiming for the
same thing, which
is the safety of its citizens, provide public goods, and ensure
their protection
form violence and other bad acts of life. It can be called the
infrastructure that
enables citizens to flourish in both social and economic ways in
the same ways.
The power is invested in different points. Federal government
takes on the vast
majority of the state, state government takes on things around
their state going
into their local cities, and local government goes on direct
contact with people
within their own city.
https://www.weforum.org/agenda/2017/02/government-
responsibility-to-
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Ray_Week 2
Patrick Ray posted Feb 7, 2018 6:14 PM Subscribe
Local governments are ultimately responsible for the success
their communities.
Officials at the local the local level best understand the needs of
the people they
represent, they know what the what infrastructure issues need to
be addressed
and ultimately what issues need to be addressed to improve or
maintain the state
of their community. The state of the local economy will always
be the key
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measure of how successful anyone community is. In order to
establish a strong
economy the community needs to be safe, have adequate
infrastructure, access to
natural resources, and reliable leadership, just to name a few
necessities. With
the knowledge of where efforts need to be focused communities
leaders and
elected officials can allocate locally generated resources and
seek out additional
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Week 2 question 2
Richard Weldon posted Feb 5, 2018 6:31 PM Subscribe
Considering the concept of federalism, who bears the greatest
responsibility for
public safety: Federal state or local government? Or does the
greatest
responsibility for public safety lay elsewhere. Explain your
response.
The responsibility for public safety falls on all three levels of
government. While
all three levels of government bear the responsibility in general
they each play a
specific role. The federal government sets primary policy
through legislation and
grant funding. The federal government’s most powerful tool is
their ability to
dictate policy through grant funding. It is the state governments
role to create a
plan to accomplish primary goals set by the federal government
and identify
secondary goals. Therefore, the county and local government is
responsible for
the putting the predetermined plan into action and to properly
report results up
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Dq 2
Ronald Edhaya posted Feb 6, 2018 12:51 PM Subscribed
The question arises as it is known that both the federal and local
government
bear a certain degree of responsibility in regards to public
safety. Both
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Week 2 Discussion 2
Travis Chase posted Feb 7, 2018 8:13 AM Subscribe
All three levels of government have a responsibility when it
comes to public
safety. I believe that depending on the type safety concern will
determine which
level would have the greatest responsibility for public safety. If
there is a
declaration of war against the United States, I expect for the
federal government
to have the greatest responsibility in that situation. I refer to
the fire department
a lot because of my line of work. Concerns for public safety
with response times
of District of Columbia Fire Department, would be the
responsibility at state
level. If the public has a specific safety concern in their
county, the local
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2/9/2018 Week 5 Learning Activities - BMGT 495 6380
Strategic Management (2182)
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The QSPM Matrix shows a relative attractiveness of the market
penetration
strategy, providing objective basic for future unit-specific
strategies that could
potentially lead the corporation to success. This optimal
strategy would be
adequate for the corporate’s future activities for these reasons:
1. Industry expansion reflects the attractiveness an industry and
the
discovered potentialities in it. By acquiring new customers
using the
existing services, CMA CGM may increase its sales growth in
its
existing markets to gain a higher market share.
2. In emerging markets, gaining new market shares from
existing services can
secure a competitive advantage such as brand power which can
be reliable,
to some extent, for sustaining that competitive advantage and
reach new
growth rates to increase profits and facilitate corporate
expansion.
3. The market penetration strategy may also help the
corporation better
understand its competitive environment. Because the
corporation will be
aiming at the existing markets using existing products, the
strategy will
also have a focus on the competititors to determine their number
and their
level of competitiveness. Answers to these interrogations will
influence how
aggressive the corporation needs to be face to the competition.
References:
Week 5 Readings and Audio.
CMA CGM Official website: https://www.cma-cgm.com/the-
group/about-
us/presentation
Week 5 -LA 2- Alternatives… (14.4 KB)
https://www.cma-cgm.com/the-group/about-us/presentation
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Week 5 - LA 1 - ADiaw
Alioune Diaw posted Feb 9, 2018 3:32 AM Subscribe
Learning Activity 1:
CMA CGM evolves in the container shipping industry. Last
week’s analysis defined
that the corporation highly follows a differentiation strategy as
its generic
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business strategy basing its source of competitive advantage in
uniqueness of
their delivered services which facilitates targeting a broad
market for their scope
of operations; as stated in their visions and values. This
program has given the
organization access to international markets with access to new
customers,
especially in Africa and Asia, lowered transportation and
delivery costs and
diversified the Business Risk. Only 6% of its employees are
working with the
corporation in its home country, France. (cma-cmg.com)
Thus, to maintain its posture as the third worldwide leading
shipping group and
an economic player, the corporation may need to implement
corporate-level
strategies to achieve and sustain the main differentiation
strategy. The following
may be considered:
Product development or the creation of new services to attract
new
customers in the existing market. This strategy especially can
be effective
in the almost saturated industry and with future expansions
forecasted.
Market development. CMA CMG may propose their existing
services to new
markets. This will increase the potentiality to reach new
geographic areas
(for instance, have access to more African and Asian
commercial ports),
together with an expansion of the shipping routes and a
lowering of
shipping costs in the long run.
Market penetration. The expansion of the container shipping
industry will
most likely encourage this concentration strategy as it increases
chances of
fast losing organization’s competitive advantage. To gain
additional market
share, the corporation may advertise its existing services or
mission
statement to gain new customers, either new to the market or
existing that
were the competition’s customers.
Horizontal integration. Another strategy that CMA CGM could
implement is
the acquisition or merger of/with new businesses. This method
will
ultimately lower costs of services by achieving greater
economies of scale.
(The Saylor Foundation, 2014). Another example of horizontal
integration
would be alliances which tighten competition around members
of the
alliance, gives access to new shipping routes (distribution
channels) and
serve to block new entry to markets, together making the
industry more
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Learning Activity#2
Caitlyn Gordon posted Feb 7, 2018 6:47 PM Subscribe
*** QSPM is attach**
The QSPM is an effective tool to understand which strategy,
where it be at a
business or corporate level, is the best fit for the organization at
the present
("Quantitative Strategic Planning Matrix (QSPM)", n.d.). It
compares and contrasts
multiple strategies with weighted scores that pertain to that
corporation. The total
sum of attractiveness score, calculated from weighted scores
from IFE matrix and
EFE matrix and their corresponding AS (attractiveness score)
are numerical proof
of which strategy is better or worse for company. The enormous
size of GSK
pharmaceuticals has a high risk to not make effective decisions
for the entire
corporation. Using the QSPM as one the many tools to make a
decision for the
corporation ensures the company remains objective in making
the company's
goals.
From the QSPM above for GlaxoSmithKline , you can
immediately tell that product
development is the best corporate level strategy for the
company. Product
development strategy for GSK means expanding its current
products in their
consumer healthcare and pharmaceutical lines. Currently, GSK
has the potential to
expand its consumer healthcare lines with its tooth hygiene
products. The
hygiene line is is gaining strength globally. It was ranked
number one for oral
health specialist in fifty markets ("Quick Facts", 2017). This
notoriety brings
brand recognition which will allow for profitable product
development.
Quick Facts. (2017). Gsk.com. Retrieved 7 February 2018,
from https://www.gsk.com/media/3646/gsk-quick-facts.pdf
Quantitative Strategic Planning Matrix (QSPM). MBA
Tutorials. Retrieved 7 February
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Learning Activity#1
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GlaxoSmithKline LLC, GSK,. is using its brand recognition and
high market share to focus on product
differentiation. The product differentiation for GSK are vaccine
s, pharmaceuticals (prescriptions), and consumer
healthcare. To take that generic strategy a step forward, the co
mpany needs to hone in on few different strategies:
Corporate level Strategy:
1. Market Penetration- expand the market in the United States
and East Asia
2. Market Development - bring the European consumer
healthcare products to the US market
3. Product Development
4. Related Diversification -economies of scope
The suggested corporate level strategies will advance the
generic strategy of increasing brand
recognition and differentiation. GSK needs to explore different
possibilities with social media and
advertising in their US and Asia market. GSK’s main market is
in the UK and it is slowing pushing its way
into the US and Asia. The competition in both market,
especially the US market is fierce. The company
needs to gain brand recognition through strong marketing
campaigns of its current products ( Strategic
Management, 2014, Leading Strategically, p.138).
Through this market penetration, there needs be market
development. American’s are always looking
for new products and or effective products to instantly fix their
issue. GSK has number of products that
are not allowed in the United States for various reasons such as,
patents not being accepted, stricter
pharmaceutical regulations, and various government legalities.
These should not be a reason to not
have these products offered in the US or other markets. GSK
should start working with the
governments of specific countries and start offering these
products to gain more market share. It could
potentially bring a number of new consumers to GSK. Now with
that being said, there needs to set of
financial benchmarks or mile-marker to ensure that there is fair
amount of money being spent on
getting those products into the market (Morello, n.d.).
Consumers are always looking for new and better forms of their
prescription (pharmaceuticals), vaccine,
and development. GSK needs to improve on their product
development with diversification. It is slowly
building its consumer healthcare sector, especially in the US.
The sector, as whole, brought in 7.2 billion
British pounds in 2016 ("Quick Facts", 2017). It needs to start
increasing its vaccine and
pharmaceutical products for the US and Asia market.
Pharmaceutical industry itself is a very unknown
industry to the average consumers. GSK could use their
growing consumer healthcare market share in
the US and create affordable and high quality forms of
medicine and consumer healthcare products for
the US and Asia market. This is related diversification, bringing
new products to the existing base of
consumers( Strategic Management, 2014, Leading Strategically,
p 257). Consumers are more willing to
purchase from companies that they know and trust from not just
one product. If the consumer knows
the company is successful and reputable with on product, they
are more inclined to purchase another
product from them.
Resources:
Morello, R. What is Marketing Strategy Development?.
Smallbusiness.chron.com. Retrieved 7 February
2018, from http://smallbusiness.chron.com/marketing-strategy-
development-58521.html
http://smallbusiness.chron.com/marketing-strategy-
development-58521.html
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Quick Facts. (2017). Gsk.com. Retrieved 7 February 2018,
fromhttps://www.gsk.com/media/3646/gsk-
quick-facts.pdf
Strategic Management. (2014). Leading strategically.
Washington, D.C.: The Saylor Foundation. Pages
241/257
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Last post yesterday at
12:30 PM by Jared Ubben
LA 1
Cassandra Caster posted Feb 8, 2018 2:29 PM Subscribe
The company that I have been using in past discussions is
Bergey Wind Power.
Bergey Wind Power is a company that specializes in small wind
turbines for
homes, farms and small businesses (Bergey, n.d.). In last
week’s discussion, I
determined that the generic strategy that Bergey should
continue to focus is
differentiation. The essence of a differentiation strategy is
separating the product
of a company from its’ competitors. One corporate-level
strategy that Bergey
could pursue is a diversification strategy. The diversification
strategy will allow
Bergey to branch off and enter other markets to gain new
business. Bergey could
look towards creating a business friendly model for larger
corporations, or
models that can be used with neighborhood smaller-businesses.
This will allow
Bergey to compete with some of their larger competitors.
Other strategies that Bergey could pursue are concentration
strategies.
Concentration strategies will allow Bergey to be able to better
compete in the
wind industry. In using a concentration strategy, Bergey can use
product
development, market penetration and market development as
part of its’ efforts
to excel within the industry (Strategic Management, 2014). In
order to expand
their customer base and increase brand loyalty, Bergey can
focus on increasing
the demand for wind turbines while creating a plan for market
and product
development.
References
https://www.gsk.com/media/3646/gsk-quick-facts.pdf
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LA 2
Cassandra Caster posted Feb 8, 2018 2:28 PM Subscribe
In the chart below, I have compared my four strategies: market
development,
diversification, product development and market penetration.
The strategy that
earned the highest attractiveness score was market
penetration. Bergey already
contains the best warranty in the wind turbine industry. As they
continue to
improve and develop their wind turbines, Bergey will continue
to win over
customers and penetrate the market deeper and hold a higher
value of market
share. As wind energy continues to develop, customers will start
looking at
turbines and companies that have a great reputation.
Market
Development
Diversification Product
Development
Market
Penetration
Factors Weight A.S Total
A.S
A.S Total A.S A.S Total A.S A.S Total
A.S
O- Increased
Awareness for
Environment
0.20 4 0.80 3 0.60 4 0.80 4 0.80
O- Tax
Credits
0.15 4 0.60 2 0.30 1 0.15 3 0.45
O- EPA Limits
on Power
Plants
0.15 3 0.45 2 0.30 1 0.15 1 0.15
O- Potential
Market Growth
for Farmers
0.05 3 0.15 4 0.20 4 0.20 2 0.10
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O-
Government’s
willingness to
turn to wind
energy
0.15 2 0.30 3 0.45 2 0.30 4 0.60
T- Increasing
shipping costs
0.10 2 0.20 2 0.20 2 0.20 3 0.30
T- Availability
and amount of
advertising for
solar power
0.15 1 0.15 2 0.30 2 0.30 3 0.45
T-More
Competition
0.05 3 0.15 4 0.20 4 0.20 4 0.20
S-“Wind
School”
0.10 2 0.20 1 0.10 1 0.10 3 0.30
S-
International
Projects
0.15 3 0.45 4 0.60 2 0.30 4 0.60
S- Variety of
products
0.15 3 0.45 4 0.60 4 0.60 3 0.45
S – Longest
warranty in
industry
0.30 4 1.20 4 1.20 4 1.20 3 0.90
W-Certified
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LA #2
Danielle Hardy posted Feb 8, 2018 6:58 PM Subscribe
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LA #1
Danielle Hardy posted Feb 8, 2018 6:55 PM Subscribe
1. Macure Pharma could use the disruptive innovation strategy
to outperform
their competitors. This strategy would require the company to
create a new
process for formulating their specialty blends of
pharmaceuticals. This would
allow them to manufacture their products cheaper, while still
selling at their
premium costs, will increase their profit margin (Strategic
Management, 2014).
2. Alternately, Macure Pharma could implement the Blue Ocean
strategy and
create a new segment in the pharmaceutical market. This would
require them to
use their research and development capabilities to manufacture
a new drug that
the public is not aware that they need. Demands will rise, along
with profits
(Strategic Management, 2014).
3. A third option would be to create a strategic alliance with, or
acquire as a
subsidiary, another pharmaceutical manufacturer in the market.
An acquisition
would be more beneficial for the company’s generic strategy.
Macure Pharma
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Learning Activity 2 Darren Carroll
Darren Carroll posted Feb 8, 2018 9:17 PM Subscribe
Note: Last week an error was discovered in the scores of the
EFE and IFE thus
throwing off the IE matrix. After learning of the errors,
reevaluations and
calculations were made to correct these errors. Some weights
might vary from the
former incorrect IE matrix.
QSPM - Orion Pharma
Key Factors
Horizontal
Integration
Forward Vert.
Integration
Back Vert
Integration
Internal Strengths Weight AS TAS AS TAS AS TA
Global Company 0.2 4 0.8 3 0.6 1 0.
Multiple Market
Segments 0.2 4 0.8 3 0.6 1 0.
Market Leader 0.2 - - -
Internal Weakness
Complacency 0.2 2 0.4 1 0.2 3 0.6
Limited Distribution 0.11 - - -
Visionary Leadership 0.09 2 0.18 1 0.09 3 0.2
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1
External Opportunities
Underdeveloped
Markets 0.1 4 0.4 3 0.3 1 0.
Generics 0.1 4 0.4 2 0.2 3 0.
Economic Development 0.1 4 0.4 3 0.3 1 0.
Partnerships 0.15 3 0.45 2 0.3 1 0.1
Distribution Channels 0.1 3 0.3 4 0.4 1 0.
External Threats
Government
Regulations 0.09 - - -
Partners in other
markets 0.08 3 0.24 4 0.32 1 0.0
Expiring Patents 0.09 3 0.27 4 0.36 2 0.1
New entrants in
generics 0.1 4 0.4 3 0.3 2 0.
Litigation and law suits 0.09 - - -
1
Total 5.04 3.97 2.4
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The Quantitative Strategic Planning Matrix (QSPM) is a tool
used to assist
organizations in determining which strategy a company should
focus on to best
achieve a desired direction of the organization. (David, David &
David, 2009, The
quantitative strategic planning matrix (QSPM) applied to a
retail computer
store, p. 42)
David (et al., 2009, The quantitative strategic planning matrix
(QSPM) applied to a
retail computer store, pp. 48-51) lists the steps to properly
utilize the matrix as:
1. The matrix consists of key factors from the EFE, IFE, SWOT
and IE, along
with the weights used in the referenced matrix. They should be
listed in the
key factors and weight columns respectfully.
2. An Attractiveness Score (AS), 1 – 4 with 1 being the lowest
and 4 being the
highest, is given to each key factor. All strategies are scored
row by row,
not repeating the score. If one item is deemed as having no
effect on the
strategy and not scored, then the same row in all strategies be
not graded
or dashed out.
3. The product of the weighted key factor and the AS becomes
the Total
Attractiveness Score (TAS).
4. A TAS of the key factors for each strategy will be made and
placed at the
bottom of the matrix. The highest sum indicates which strategy
should be
the most attractive over other strategies.
The QSPM for Orion Pharma indicates the Horizontal
Integration is the most
attractive as indicated by the higher TAS. Horizontal
Integration simply means to
acquire or merge with other companies in the same market.
(Strategic
Management, 2014, Selecting Corporate-level strategies, p. 245)
Horizontal integration for Orion Pharma can be easily achieved
in two areas of the
market in which it has already proven to be a leader in; the
animal health and
generics. Orion welcomes the creation of meaningful
partnerships that improves
research and development, because such partnerships help keep
cost low and
increased revenues. This is an enabler of Orion’s strategy of
cost leadership.
Through partnerships Orion can identify organizations that
might benefit from a
merger, in particularly smaller organizations that cannot bear
the cost of research
and development.
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Orion’s global presence should create opportunities to merge
with smaller
companies that can lend to Orion entering underdeveloped
markets, increasing
sales in generics and finding new distribution channels for all
its products.
Additionally, through mergers, Orion can eliminate competitors
and new entrants
to the generic market. Likewise, in the animal health market,
Orion can establish
brand presence and social responsibility, which goes a long way
in today’s market
place. Why social responsibility, simply because Orion can
establish a trust with
pet owners as well. It is good to know that pharmaceutical
companies not only
value human life but animal life as well.
Learning Activity 1 Darren Carroll
Darren Carroll posted Feb 8, 2018 9:11 PM Subscribe
Orion Pharma is positioned well in a vary of segments in the
North European
pharmaceutical market. This did not happen by accident, but
through good
leadership. Some of the accomplishments of the company are:
A very lucrative generic market;
Animal health and wellbeing products (Orion, n.d.
a, Organisation, para. 3)
Provided of contract manufacturing;
Suppliers of active ingredients (Orion, n.d. b, Products and
services)
Encourage partnerships (Orion, n.d. c, Partnering, para. 3)
Such a stance as this creates possibilities and corporate level
strategies for
growth and brand awareness. Among the various possibilities of
strategies, a few
rises to the top as being a best choice to help the company
growth in the industry
and brand. They are:
Horizontal integration
Forward vertical integration
Backward vertical integration
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Related Diversification
Horizontal integration is simply a merger or acquisition of
another company in
the same market space. (Strategic Management, 2014, Selecting
Corporate-level
strategies, p. 245) The areas that present the best opportunity
for this is in the
animal health and partnerships. Orion can help build brand
through acquisition of
smaller, possibly distressed animal pharmaceutical
manufactures. Visibility of the
brand increases and hopefully market share. And through the
open partnerships
Orion could pick and choose a company that would best serve as
an extension of
their own efforts for merger. If Orion should expand across the
market, the
company could set the prices at the mark best suited for them
and others would
have to match them.
Forward vertical integration occurs when a company takes on
the buyer’s position
in the value chain. (Strategic Management, 2014, Selecting
Corporate-level
strategies, p. 254) The possibilities of such a direction would be
in distribution
channels. Currently, Orion does not own any form of
distribution channels:
regional distributors or pharmaceutical retail stores. A market
penetration such as
this could possibly cause a loss of sales to smaller companies
opening gateways
for horizontal integration.
Backward vertical integration is when a company plays the part
of the supplier.
(Strategic Management, 2014, Selecting Corporate-level
strategies, p. 254) This
should not be very hard, because Orion is a manufacture of
pharmaceuticals and
supplier of active in ingredients. The backward vertical
integration should be
focused on the value chain beyond the company’s capabilities in
the raw material
areas. If such integration should occur, Orion could
foreseeability own the entire
value chain, from raw materials to consumer. What a boost in
brand and market
take domination as the company could set the price points
controlling the
industry.
Related diversification is when a company moves into a market
that has close ties
to the current market. (Strategic Management, 2014, Selecting
Corporate-level
strategies, p. 256) Orion can use this diversification strategy to
enter into the
animal wellness and insurance market. A move such as this
would be pointed at
building the brand and increasing profits to allow lower price
levels in areas such
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as generics. Using or recommending their own products will
help the company
grow and could mean increased profits.
Orion is well position in the industry with the potential to gain
market share
through various corporate level strategies if so desired. All of
the strategies would
lend to increased revenues from competitors and other buyers,
while Orion can
feasibly reduce cost on the larger more lucrative products,
applying pressure to
competitors.
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Week 5 - LA2 - Stevens
Donna Stevens posted Feb 8, 2018 9:45 PM Subscribe
General Electric: Quantitative Strategic Planning Matrix
(QSPM)
Below outlines the Quantitative Strategic Planning Matrix
(QSPM) developed for
General Electric.
Key Internal Factors
Market
Development
Market
Penetration
Forward
Vertical
Integration
Acquisition
Internal Strength Weight AS TAS AS TAS AS TAS AS TAS
1. Ample wind
conditions
.05 - 0 - 0 - 0 - 0
2. Investor confidence .05 3 .15 2 .10 1 .05 4 .20
3. Funding .10 2 .20 2 .20 1 .10 4 .40
4. Brand recognition .15 3 .45 4 .60 3 .45 3 .45
5. Product portfolio .15 2 .30 3 .45 4 .60 4 .60
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Internal Weakness
1. Construction permit
wait times
.15 - 0 - 0 - 0 - 0
2. High investment
costs
.10 2 .20 1 .10 - 0 4 .40
3.
Landscape/environmental
impact
.10 1 .10 1 .10 - 0 - 0
4. Threat to animals in
the region (e.g. fauna)
.10 1 .10 1 .10 - 0 - 0
5. R&D pipeline .05 2 .10 2 .10 2 .10 3 .15
1.0
External Opportunities
1. Wind .05 - 0 - 0 - 0 - 0
2. Implementing digital
technology (specifically)
.20 2 .40 1 .20 1 .20 1 .20
3. Improved turbine
designs
.10 3 .30 2 .20 2 .20 3 .30
4. Available
land/location resources
.05 - 0 - 0 - 0 - 0
5. Available technology
to support improvements
and efficiency (all other)
.10 3 .30 2 .20 1 .1 - 0
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External Threats
1. Policy/Regulations .10 1 .10 1 .10 1 .10 1 .10
2. Environmental
Community Opposition
.10 - 0 - 0 - 0 - 0
3. Connectivity issues
to power grid
.10 - 0 - 0 - 0 - 0
4. Development of
smaller wind turbines
.10 2 .20 1 .10 - 0 - 0
5. Animals (e.g. birds) .10 - 0 - 0 - 0 - 0
1.0 2.9 2.55 1.9 2.8
Key factors and their associated weighted scores from the IFE
and EFE matrices
were entered into the QSPM. An attractive score (AS) was
assigned to each factor.
A score of 1 to 4 was given, with 4 being the most important.
(MBA Tutorials,
n.d., para. 3). Dashes indicate no importance to the particular
factor. The total
attractive score (TAS) was calculated by multiplying the weight
by the AS. The
grand totals for each TAS is shown in the bottom row of the
QSPM. The highest
weighted scores was for market development, at a TAS of 2.9.
Acquisition was
second at 2.8, followed by market penetration and forward
vertical integration, at
2.55 and 1.9 respectively. Therefore, market development was
selected as the
optimal strategy.
Within the market development strategy, brand recognition (a
strength), was one
of the highest weighted scores, at .45. External opportunities,
such as
implementing digital technology (TAS .40), improved turbine
design (TAS .30),
and making use of technology to improve efficiency (TAS .30),
each align with
product development that can improve the company’s
profitability. The
acquisition strategy, which came in a close second to the market
development
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strategy, heavily relies on key strengths, particularly financial
strengths as
depicted by TAS between .20 and .60.
When an industry, such as the wind turbine industry, is
dominated by a few global
companies, there is less opportunity for companies to gain
competitive advantage
through economy of scale based on its brand alone. (Hansen &
Nohria, 2004,
para. 2). As a multinational corporation, GE can take advantage
of a market
development strategy, by having its various business units
collaborate in an effort
to increase capabilities Companies will fare well when they are
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Week 5 - LA1 - Stevens
Donna Stevens posted Feb 8, 2018 9:44 PM Subscribe
General Electric: Corporate-Level Strategy
A focused differentiation generic business-level strategy was
selected for General
Electric’s (GE) wind turbine business unit. Businesses that use
this type of
strategy provide products and services to a narrow market.
(Strategic
Management, 2014 p. 159). The market is considered narrow
because customers
are specific to residential, commercial, and industrial.
(Aghajani, Shayanfar,
Shayeghi, 2015, p.308).
Corporate-level strategies
Market penetration, a concentration strategy, is selected for
GE. With this
strategy, GE will attempt to increase their market share with
their existing wind
turbine products. (Strategic Management, 2014 p. 241, para.
2). GE currently
offers a full suite of wind turbines (GE, n.d. -a). Market
development, described
as marketing existing products in new markets, is a useful
strategy for GE,
because it will allow the company to save money on the
research and
development (R&D) of new products. (Strategic Management,
2014 p. 242, para.
1). Cost savings can go toward improving existing products,
such as making
select existing wind turbines more efficient. Forward vertical
integration is
depicted as a company becoming the retailer. (Strategic
Management, 2014 p.
254, para. 2). Using this strategy, GE will be able to make a
higher profit by
selling their wind turbines themselves, versus having a retailer
sell the company’s
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products. Another business-level strategy is horizontal
integration, specifically
acquisitions, which depicts a company that purchases another
company.
(Strategic Management, 2014 p. 245, para. 1) GE can acquire
smaller, yet
relatively successful wind turbine businesses in order to corner
the market share.
By acquiring other businesses, GE brand recognition can
continue to benefit to
the company.
References:
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LA 2
Doriane Pierre posted Feb 8, 2018 9:37 PM Subscribe
Strategic Alternatives
Key Internal Factor Market Sustainability Market
Alternatives
Internal Strengths Weight AS TAS AS TAS
Low energy consumption .20 4 .08 3 .6
Ballast Water Treatment .10 3 .3 3 .3
Handling natural
resources responsibly
.12 3 .36 2 .24
Evaluation of company's
stand point
.18 4 .72 3 .54
Always improving .18 4 .72 3 .54
Internal Weaknesses
High debt burden .010 1 .01 1 .010
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Unionized workforce
may result in work
Stoppages or slowdowns
.10 2 .02 1 .10
Falling rates .012 2 .024 1 .012
Decline in revenue .050 2 .1 1 .050
High competitive costs .048 1 .048 1 .048
1.00 2.38
Key External Factors
Opportunities
1. Technical
improvements in
Ship and marine
.21 4 .84 4 .84
2. Increase in
demand
.016 3 .048 3 .048
3. Economic
globalization/scale
.011 2 .22 3 .033
4. Bigger vessels with
growth
.18 4 .72 3 .54
5. Increase
shipments
.10 3 .3 3 .3
Threats
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1. Supply/demand
imbalance
.010 1 .01 2 .02
2. Container
trafficking
.13 3 .39 4 .52
3. Intense
competition
.20 4 .8 3 .6
4. Environmental
regulations
.143 2 .286 1 .143
1.00 3.85
Total Sum of
Attractiveness Score
6.23 5.48
The QSPM sum of attractiveness scores of 6.23 versus 5.48
indicates that
Hamburg Sud will sustain in the market.
These weights: were from the IFE and EFE matrices. Please
review my previous
week's discussion to see calculations.
Attractiveness Scores(AS): show the attractiveness importance
of each factor to
their alternative strategy on a scale of 1 to 4 with 1 being least
attractive and 4
being most attractive.
Total Attractiveness Scores: is weight X AS
Total Sum of Attractiveness Score: is the addition of all
attractiveness scores in
each strategy column of the QSPM.
Looking ahead, it is believed that superior sustainability
performance could
become one of the differentiating and value-adding factors in an
industry where
companies historically have struggled with presenting a unique
value proposition
beyond cost competitiveness. The sustainability strategy is
important because:
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The industry transports more than one-third of the value of
global trade
Provides more than 4.2 million jobs
And represents a huge social and environmental footprint (Peder
& Pruzan, 2010,
3) H h ill h h i i i fless
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LA 1
Doriane Pierre posted Feb 8, 2018 9:33 PM Subscribe
As an internationally operating company, Hamburg chooses
sustainability as its
main strategy and an indispensable component of each of its
activities. The
corporate strategies used were:
1. Compliance
2. The use of reefer containers
3. The focus on environmental protection with a greener
shipping industry
4. Fair competition
5. Privacy
6. Low energy consumption
Reasons and explanation of each alternative strategy:
The company's goal is to safeguard the quality and
environmental compatibility
of its services and to ensure their continuous improvement
(Graumann, 2016,
P18). Therefore, it is imperative that the company stays in
compliance to sustain.
Long-term corporate success can only be achieved if the
relevant legislation
complies at all times. The company respects all laws on the
national and
international level. It also ensures that corruption is combatted,
and visioned a
maritime industry free of corruption. (PP-26-27)
The competitors are there to help drive new developments and
improve
performance. Therefore, Hamburg strives to fair competition in
order to go
forward.
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Hamburg Sud safeguards employees, customers, partners, and
supplier's
information to attain the sustainability strategy. To do so, the
company complies
with all legal requirements, implemented an information
security management
system in Germany which includes guidelines for data privacy
and security.
Hamburg Sud is one of the top five providers of refrigerated
containers
shipments. The company not only transport dry but also
refrigerated containers.
Hamburg Sud goal is to reduce fuel and energy consumption
while increasing
efficiency. As a result, the environment dividends will be paid
and the company
will see an enhanced cost-effectiveness. The company energy
consumption for
electricity and heating for 2014>2015 was recorded at 7.2 %(
Graumann, 2016,
p40).
Besides what has mentioned above, the company also protect
endangered species
and stabilizes trim with ballast water treatment system in all 41
ships in the
reporting period 2015.
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Week 5 Learning Activity 2 - beltre
Euriviades Beltre posted Feb 8, 2018 11:43 AM Subscribe
General electric has some strategic focus in the long-term
investment strategy as
the alternative strategy to do the business. The possible
alternative strategies are
sustainable living, increasing product management, active
portfolio management,
focusing on innovation and enhancing the investment in
emerging market and e-
commerce. As it makes progress toward concluding the
monetization of its utility
wind technology, the company will be re-aligning its leadership
to focus its future
on delivering business solutions for a range of distributed
energy customers.
Increasing demand for small wind turbines owing to numerous
environmental
benefits coupled with the economic reimbursements is predicted
to provide an
impetus to the industry over the forecast period. The need to
adopt renewable
energy is on the rise owing to a pressing need to control the
carbon footprint
which demands convenient electricity generation option.
Reference:
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G.E. (2016, May 23). GE imagination at work. GE Expands
Onshore Wind Portfolio
with North American Version of New 3.4 MW Wind Turbines.
Retrieved
from http://www genewsroom com/press releases/ge expands
onshore windless
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Week 5 Learning Activity 1 - beltre
Euriviades Beltre posted Feb 8, 2018 11:01 AM Subscribe
G.E. Corporate-level strategies
Culture and Values
GE’s strategy really does focus on culture and values. The
company wants to
focus on the people, great people, and shape the company
culture. His goal to
strengthen GE’s global presence and create a more collaborative
culture. They
believe a company starts with culture. They want their people to
improve every
day. They want to move, power, and cure the world. It’s
important that investors
see they choices that they make so they create more value over
time.
Leadership
The company has five-initiatives strategies: technical
leadership, services,
customer focused, globalization, and growth platforms. These
five initiatives are
important, and it has worked for their company and has proven
that this is how
the company has been growing over the years. It beings with a
small platform,
focusing the business model on growth initiatives, and focusing
on their
financials and putting that towards growing the company as
well. This makes
their lost investments as minimal as possible.
Globalization
GE is proposing to sell its windmill and turbines divisions to
strengthen their
global presence. The CEO’s goal was to become better than the
rest. Being the
number one competitor was important.
Company Threats
http://www.genewsroom.com/press-releases/ge-expands-
onshore-wind-portfolio-north-american-version-new-34-mw-
wind-turbines
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Human Resource could be one important threat to the company.
GE is a big
company and with the size and the big amount of people, there
could be a lot of
HR problems. The company focuses on culture and
globalization. So, when they
make certain decisions, they could be offending someone which
could cause
unhappiness to investors.
References:
GE ( d ) GE R bl E Wi d T bi O i R i dless
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Week 5 LA1 - Jared Ubben
Jared Ubben posted Feb 6, 2018 8:21 PM Subscribe
Company: GE Wind Turbines
Generic business-level strategy: Differentiation
The products in the wind turbine industry are all relativity the
same. Because of
this, each company must use a business model “that is at least
somewhat unique”
(Strategic Management, 2014, Leading Strategically, p. 138) to
retain or acquire
customers. GE must use a generic strategy that sets their
products apart from the
rest.
Using the differentiation strategy and producing tidal wind
turbines that can be
used in oceans, GE is separating themselves apart from their
competition. There
is a small number of suppliers and buyers in the industry and by
offering the tidal
wind turbines it allows countries or cities that are located near
large bodies of
water to use their one-of-a-kind products and generate more
power as opposed
to the landlocked wind turbines.
Requirement 2:
1. Market Development - “Market development involves taking
existing products
and trying to sell them within new markets” (Strategic
Management, 2014,
Selecting Corporate-Level Strategies, p. 242). Using this
strategy, GE can enter
smaller markets as it has reached a pinnacle of selling its large
wind turbines to
governmental agencies, states and cities. If GE wishes to
continue to reach as
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many customers as possible, it can move to selling a smaller
version of its
turbines to neighborhoods where it would generate enough
power to be used by
so many square miles of residents. This ties in to the
differentiation strategy in
that entering markets that GE’s competitors aren’t in will set
GE apart creating
differentiation and it will build GE’s brand name.
2. Product Development - “Product development involves
creating new products
to serve existing markets” (Strategic Management, 2014,
Selecting Corporate-
Level Strategies, p. 243). GE creates new turbines year after
year and include a
total of 9 turbines in its lineup for customers to choose from.
GE should keep
expanding its offering to include smaller turbines for smaller
individual
customer/corporations to buy. An example would be a smaller
turbine that would
power a cardboard manufacturing plant in order for the plant to
save money on
their energy use.
3. Horizontal Integration: Mergers and Acquisitions - “Rather
than rely on their
own efforts, some firms try to expand their presence in an
industry by acquiring
or merging with one of their rivals” (Strategic Management,
2014, Selecting
Corporate-Level Strategies, p. 245). IF GE were to merge with a
smaller
competitor it would be able to acquire the majority of its
customers and at the
same eliminating the competition.
Differentiation involves having something to offer that your
competitors don’t. By
eliminating smaller competitors, GE can reduce the intensity of
rivalry (Strategic
Management, 2014, Selecting Corporate-Level Strategies, p.
245) and focus more
of its attention to differentiating from its larger competitors.
4. Strategic Alliances - “In a strategic alliance, firms work
together cooperatively,
but no new organization is formed. The firm and its local
partner or partners
share decision making authority, control of the operation, and
any profits that the
relationship creates” (Strategic Management, 2014, Competing
in International
Markets, p. 233). By creating a strategic alliance, GE can use
the power of its
reputation in multiple countries. The alliance will involve
keeping GE’s mission
and vision statements along with its values and utilizing the
country’s resources
and knowledge of the foreign market and terrain. “Joint
ventures and strategic
alliances are especially attractive when a firm believes that
working closely with
locals will provide it important knowledge about local
conditions, facilitate
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Week 5 LA2 - Jared Ubben
Jared Ubben posted Feb 6, 2018 8:22 PM Subscribe
Requirement 1:
Market Development
Strategic Alliances
Product Development
Horizontal Integration
Requirement 2:
See attached QSPM graph for my computations.
Results:
Market Development - 5.95
Strategic Alliances - 5.32
Product Development - 5.265
Horizontal Integration - 5.145
Requirement 3:
Based on the QSPM, the results for the four strategies are
below:
Market Development - 5.95
Strategic Alliances - 5.32
Product Development - 5.265
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Horizontal Integration - 5.145
According to the QSPM, the optimal strategy for GE Wind
Turbines to move
forward with is Market Development. This strategy involves
“taking existing
products and trying to sell them within new markets” (Strategic
Management,
2014, Selecting Corporate-Level Strategies, p. 242). Currently,
large companies
like Amazon and Microsoft along with governmental
organizations are the main
markets GE is selling their wind turbines in.
Keeping up with the larger markets as well as moving into
smaller markets can
improve GE’s profits and strength in the industry. To interest
smaller markets,
smaller turbines would need to be manufactured to fit the needs
of these new
markets. That being said, there will need to be a crossover of
product
development and market development that will supply the new
markets. It won’t
be as cut-and-dry as simply selling GE’s current products in
different markets.
The products will need to fit the demand the new market
creates.
GE already has the technology to produce the large-scale
turbines. Now, it would
be a simple restructuring that the company would undergo to
add a new division
for smaller turbines and to properly market a smaller turbine to
smaller markets.
The smaller market that neighborhood/community gardens has
produced would
allow GE to start producing smaller versions of its current
models to fit a smaller-
scaled market. This would open new markets and create more
value for the
company. With GE already producing green energy products and
the desire of
more and more people/companies wanting to go green, this is a
great
opportunity for GE to extend its product line and service new
markets.
Entering new markets is optimal for GE’s success as the current
market will
become saturated with more companies as the clean energy
sector grows. This
will force companies like GE to lower prices as more companies
in the industry
will create competitive pricing. Being the first in the industry to
provide small-
scaled turbines will create differentiation for GE. Using its
brand power, GE can
enter a new market to provide new products to new customers
that is critical for
its long-term success.
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Reference:
Strategic Management. (2014). Leading strategically.
Washington, D.C.: The Saylor
Foundation
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Last post Wed at 12:29
PMby Patricia Quinones
Corporate Strategies
1 2 3 4
Market
penetration
Market
Development
Strategy
Related
Diversification
Retrenchment
Opportunities Weight AS TAS AS TAS AS TAS AS TAS
Green energy is
increasingly
more important
to consumers
12% 3 0.36 4 0.48 3 0.36 3 0.36
Patents on
technology
10% 1 0.1 1 0.1 1 0.1 2 0.2
Renewable
Energy Subsidies
14% 3 0.42 3 0.42 2 0.28 3 0.42
Market
placement
12% 3 0.36 4 0.48 2 0.24 3 0.36
Growth of the 10% 3 0.3 3 0.3 3 0.3 3 0.3
Learning Activity 2 - Josh Medley
Joshua Medley posted Feb 8, 2018 11:51 AM Subscribe
Week 5 Learning Activity 2
Acco
rdin
g to
the
QSP
M
Nort
hern
Pow
er
Syst
ems
woul
d
bene
fit
the
most
by
adop
ting
the
mar
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economy
Threats
Foreign Markets
changing Feed
in Tariffs (FIT)
12% 2 0.24 3 0.36 2 0.24 2 0.24
Large
Manufacturers
8% 2 0.16 2 0.16 2 0.16 1 0.08
Declining
Government
subsidies
8% 1 0.08 2 0.16 1 0.08 1 0.08
New technology
development
5% 1 0.05 1 0.05 1 0.05 1 0.05
Decrease in cost
of solar panels
9% 1 0.09 1 0.09 1 0.09 1 0.09
Totals 100% 2.16 2.6 1.9 2.18
ket
deve
lopm
ent
strat
egy.
The
mar
ket
deve
lopm
ent
strat
egy
had
the
high
est
scor
e
over
all
by
almost a half a point. Retrenchment was the next best strategy
due to their debt,
but the positive outlook on the industry shows possible growth.
Northern Power
could develop a marketing plan to reach a wider segment of the
American and
European population to allow for brand name recognition. Many
Americans do not
know a lot about the wind power industry. Increase marketing
could allow for
increased awareness of the opportunities wind power offers.
They currently do
not spend a lot on marketing due to cost cutting
procedures (Corporation, 2017,
p. 21) Another way Northern Power could go about accomplish
the market
development strategy by creating sales teams in areas they have
not currently
reached yet (Strategic Management, 2014, Selecting Corporate-
Level Strategies,
p. 242). Norther Power currently has limited sales offices
located in
Massachusetts,Zurich, Switzerland, and Italy (Corporation,
2017, p. 8). There is
opportunity in creating regional sales offices within the United
states and the rest
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of Europe. The regional offices could be minimally staffed with
the reach back
capability at the headquarters. Another untapped possibility
would be to work
with a community developer that build sub-divisions and have a
wind farm
powered sub-division. Together they could build green
communities that have
minimal reliance on standard power. The cost of the wind farm
would be
dispersed among all the homes of the sub-division.
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Learning Activity 1 - Josh Medley
Joshua Medley posted Feb 8, 2018 11:49 AM Subscribe
In week four the IE Matrix suggested that market penetration
and product
development would be the best course of action for Northern
Power Systems.
Market penetration would consist of advertising or marketing
their wind turbines
and service packages to reach a new segment of potential buyers
(Strategic
Management, 2014, Selecting Corporate-Level Strategies, p.
241). This would be
one course of action for Northern Power to explore due to the
fact that they have
a reliable product and there are segments of the American
population that they
have not reached yet.
Northern Power Systems could also benefit from a market
development strategy.
Northern Power could accomplish this by putting sales team in
areas they have
not currently reached yet (Strategic Management, 2014,
Selecting Corporate-Level
Strategies, p. 242). Another way to do this would be to work
with a community
developer that builds sub-divisions and have a wind farm power
the sub-division.
Northern Power could also explore related diversification. This
is when a company
moves into a new market that shares similar aspects (Strategic
Management,
2014, Selecting Corporate-Level Strategies, p. 256). Norther
Power could move
into the solar panel market. This would allow their customers
another renewable
energy source when there is no wind to provide power.
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The last strategy Northern Power could explore is retrenchment.
This is when a
company decides to down size in order to save the organization
(Strategic
Management, 2014, Selecting Corporate-Level Strategies, p.
265). Northern Power
has taken losses and could benefit from a reduction in costs
until they become
profitable.
References
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Learning Activity 2 Ott
Justin Ott posted Feb 8, 2018 11:02 PM Subscribe
My activity is in the word document attached.
QSPM matrix ott.docx (95.89 KB)
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LA1 Week 5 Ott
Justin Ott posted Feb 8, 2018 11:00 PM Subscribe
The company I will be using for this activity in Maersk Line,
which is the world’s
largest container shipping company (Why Maersk Line?,
N.D.).The best generic
strategic strategy for Maersk Line would be differentiation
which is a strategy
used to convince customers that paying more to use the
company is worth the
extra money due to extra benefits received for the money
(Strategic Management,
2014).
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The three business unit level strategies that I chose for Maersk
Line to implement
in order to achieve differentiation are:
1.Make available to the customer the ability to schedule door
step to door step
transport thru Maersk Line.
2. Include insurance guaranteeing the delivery day of the
container
3. Electronic up to date tracking of shipping container available
to customer
1.Make available to the customer the ability to schedule door
step to door step
transport thru Maersk Line :
Currently no container shipping companies enable the customers
the ability to
schedule pick up and drop off of shipping containers on their
website. Currently
the shipper has to arrange the spot on the ship for the shipping
container, and
then call one company to arrange the pick up of the container
from its current
location to have it delivered to the port. They then have to
schedule another
company to pick up the container at the arrival port and deliver
it to its final
destination. If this could all be done in one place, it would save
the customer time
while giving them greater tracking ability of their shipping
container.
2. Include Insurance guaranteeing the delivery day of the
container:
It is a common practice in the container shipping industry to
offer delivery day
insurance to customers provided by outside companies at an
additional cost. If
Maersk Line were to use their size to get a discount rate on the
insurance cost
from one of these outside companies, they could offer the
insurance included in
the cost of the shipment while passing the additional cost onto
the consumer. The
inclusion of insurance would differentiate Maersk Line from the
competition.
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3.Electronic up to date tracking of shipping container available
to customer:
Customers of the container shipping industry are starting to
require the ability to
track their containers more and more during transit. Maersk
Line could implement
a tracking system similar to USPS to offer the consumer the
ability to track the
container closely. It would notify the customer when the
container was received at
the port, when it is loaded on the ship and then once the ship
has left port. It
could also daily provide the customer of an approximate
location of the ship
during transit. Once the ship arrives at its destination port, the
container would
be scanned when it is removed from the ship and when it is
ready for pick up.
This would allow the consumer to be able to closely monitor the
container while
also being able to be implemented easily into systems that
Maersk Line already
uses.
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Learning activity 2
Luis Vazquez posted Feb 8, 2018 10:22 PM Subscribe
Strengths Weight
AS
(Attractiveness
Scores)
TAS (Total
Attractiveness
Scores)
1. Good relation with employees
and customer 0.3 4 1.2
2. Strong team of management 0.2 3 0.6
3. Scientific leadership 0.3 3 0.9
Weakness
1. Little diversification 0.05 1 0.05
2. Saturated market 0.05 2 0.1
3. Disruptions in technology 0.1 2 0.2
Total 1 15 3.05
The strategy that will be chosen is distinctive advantages
development. It is vital
to develop distinctive and effective competencies so that an
edge is gained over
the competition. Requirements of market may alter in a regular
manner because
new capabilities can be decided by the competitors to be
developed. It is required
to recognize the distinctive competencies through analysis in a
thorough manner.
The firm should be prepared to satisfy the new necessities vital
for development
further. Competitive advantage can be led by distinctive
competencies. Strategies
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of development of business that is most efficient and effective
can be determined
by distinctive competencies. Sustainability of the company is
brought by
distinctive competencies. If certain services or products are not
offered by an
organization and intends to acquire sustainable advantage, then
new problems
can be solved instead of resolving the identical problems again
and again.
Learning occurs faster in comparison to other competitors when
distinctive
advantage is developed. New necessities can be adapted and
learned in a fast
manner in comparison to the competitors. The company can turn
to be the
authority in their field of business (Strategic Management,
2014, Business-Level
Strategies).
References
Strategic Management (2014). Business-Level Strategies.
Washington, D.C.: The
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Learning activity 1
Luis Vazquez posted Feb 8, 2018 10:21 PM Subscribe
Methods or plans used by the companies to conduct in business
operations
various functions are represented by strategies of business-
level. Strategies of
business-level are used often by companies to provide the
employees, managers,
owners with guidelines to be followed when doing job in the
business.
The three business-unit level strategies that should be selected
for AstraZeneca
Company are mentioned below:
Coordinate Unit Activities: A common strategy of business-
level can be
regarded as the coordination of all activities of the unit found in
business.
Activities of unit can be stopped by individual positions of job,
department
sections, and department. Coordination of such individuals or
groups falls
usually on a supervisor or a manager. It is the responsibility of
the manager
to bring employees and staffs on the same page and emphasize
these
people on attaining objectives or goals. Responsibility may be
there on the
supervisors or managers for resource allocation within many
different
activities (Strategic Management, 2014, Business-Level
Strategies).
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Distinctive Advantages Development: Distinctive competitive
advantages or
core competencies must be developed for a successful company
creation.
Singular abilities or activities used by a firm to manufacture
better products
in comparison to another firm are represented by competitive
advantages
and core competencies. Instances of this strategy of business-
level can
consist of obtaining economic resources at reduced costs in
comparison to
other firms, unique services or goods that other firms have not
imitated,
highly effective and efficient resources of production, cost-
effective chain
of supply for getting the goods quickly into the hands of the
consumer
("What Are the Different Types of Strategies in Business?",
2018).
Human Resources Utilization: The human resources available in
overall
economy and company should be utilized by companies. Some
human labor
form is required by all firms almost to attain objectives and
goals of the
business. A strategy of business-level is developed by
companies to makes
sure that sufficient number of employees are present in the firm
to
manufacture a specific services or goods output. The strategy of
business is
responsible to make sure the right human labor type for
operations of the
business. An analysis is included often to determine whether
there is
requirement of unskilled or skilled labor to complete functions
of business
(Strategic Management, 2014, Business-Level Strategies).
References
What Are the Different Types of Strategies in Business?.
(2018). Bizfluent.
Retrieved 9 February 2018, from https://bizfluent.com/list-
6603373-different-
types strategies business htmlless
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LA 1 - Mark Szymanek
Mark Szymanek posted Feb 7, 2018 11:59 AM Subscribe
GlaxoSmithKline (GSK) – UK based pharmaceutical company.
Differentiation
Strategy.
Blue Ocean Strategy – Involves creating new markets instead of
competing in
existing markets (Strategic Management, Supporting Business-
Level Strategy,
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2014, p.187). A new market equals no competition. With no
competition
consumers only have one option for a product. A company is
free to rake in
profits and charge whatever price that consumers are willing to
pay.
GlaxoSmithKline has the large budget and expansive facilities
to design drugs for
new markets. Being the first to create a vaccine or medication
for a previously
uncontrollable disease creates a market with no rivals to
compete with. In the
pharmaceutical industry it would be wise to not get caught up in
the publicity
surrounding price gauging for life saving medication that has
brought the ire of
governments and citizens. But a new drug or vaccine created
and priced
reasonably will still bring in large profits.
Footholds – This business level strategy is about claiming a
small stake in a
market that the company has not competed in (Strategic
Management, Supporting
Business-Level Strategy, 2014, p.186). Gaining a foothold, a
company can slowly
build up name recognition amongst customers who were
originally unfamiliar with
the brand. The foothold gives a point from which the company
can continue to
take market share away from competitors. GSK can move into
fields that it did not
previously compete in and go directly after its top rivals like
Merck or Bayer.
Bricolage – bricolage is using available inputs to create
something new (Strategic
Management, Supporting Business-Level Strategy, 2014, p.187).
For GSK these
inputs could come from the many underexplored drugs whose
development was
halted or from competitor’s drugs that are now available do to
expiring patents.
The pharmaceutical industry is about trial and error. Using
bricolage is a great
way to create something new out of something readily available.
References
Strategic Management. (2014). Supporting Business-Level
Strategy. Washington,
D C Thless
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LA 2 - Mark Szymanek
Mark Szymanek posted Feb 7, 2018 12:00 PM Subscribe
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QUANTITATIVE STRATEGIC PLANNING MATRIX (QSPM)
For GlaxoSmithKline
Key Strategies
Blue Ocean
Strategy
Foothold Bricolage
Key Factors Weight AS TAS AS TAS AS TAS
Strengths
R & D .25 4 1 4 1 4 1
Cash Flow .30 4 1.2 4 1.2 4 1.2
Employees .05 4 0.2 3 0.15 2 0.1
Weaknesses 0
Market Share .20 3 0.6 1 0.2 4 0.8
Diversification .10 2 0.2 2 0.2 2 0.2
Name
recognition
.20 2 0.4 1 0.2 2 0.4
1.0
Opportunities
Emerging
Markets
.15 4 0.6 2 0.3 2 0.3
Aging
Population
.05 3 0.15 4 0.2 2 0.1
Industry
Collaboration
.05 3 0.15 1 0.05 2 0.1
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Technology .15 3 0.45 3 0.45 2 0.3
Industry
Mergers
.10 3 0.3 3 0.3 2 0.2
Threats
Increased
Competition
.15 4 0.6 1 0.15 2 0.3
Govt.
Regulation
.15 1 0.15 4 0.6 1 0.15
Economic
issues
.10 1 0.1 2 0.2 2 0.2
Social Change .05 1 0.05 2 0.1 2 0.1
Price Pressures .05 2 0.1 2 0.1 2 0.1
1.0
Total Sum of
Attractiveness
Score
6.25 5.4 5.55
The Blue Ocean strategy is critical to GlaxoSmithKline’s ability
to stay ahead of the
competition. The industry is fast paced. The difference in
success can be which
company gets government approval to begin marketing and
selling its new drug
first. Of GSK’s 27,889 billion pounds in sales in 2016, 4.5
billion of it was in new
pharmaceutical and vaccine sales (GSK, 2017, p.01 & 245). As
the older drugs
lose patent protection it is important for GSK to develop new
and better patented
drugs. Instead of focusing on the same areas, GSK can explore
new markets that
are served by no known cures or vaccines.
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Strimvelis is a stem cell gene therapy to cure ADA-SCID, an
immune deficiency
disorder, that became the world’s first approved gene therapy
(Burke, 2016,
p.11). Along with gene therapy, GSK is investing early in
bioelectronics.
Bioelectronics and gene therapy can revolutionize the way
diseases are treated.
Gene therapy has the potential to eliminate previously incurable
genetic diseases.
Bioelectronics has countless possibilities, one being the
delivery of medicine to
targeted points in the body. There is no competition from any
pharmaceutical
rivals. GSK can dominate an untapped market.
In 2008 Advair had $6 billion in sales, the following year the
drug lost its patent
protection (Iskowitz, 2008, p.9). In 2016 increased generic
competition reduced
Advair sales to 1.829 billion pounds (GSK, 2017, p.60). There
are many generic
pharmaceutical companies that can replicate normal drugs.
There are very few
that can copy bioelectronics or gene therapy offerings even
without patent
protection. Blue Ocean strategy is the best option for GSK to
distance itself from
not only generic manufacturers, but also major competitors like
Pfizer and Bayer.
References
Burke, M. (2016, Jun 1). Gene therapy approval first. Chemistry
& Industry. 2016,
Vol. 80
Issue 6, p11.
http://eds.a.ebscohost.com.ezproxy.umuc.edu/eds/pdfviewer/pdf
viewer?
vid=0&sid=1d998e2a-4882-49c3-9d4f-
ec3a7a040595%40sessionmgr4010
GSK. (2017, March 13). Annual Report 2016. p.01, 60 & 245.
Retrieved from
https://annualreport.gsk.com/assets/downloads/2_GSK.
AR.strategic.repo
rt.V5.pdf
less
1 1 4 Last post yesterday at
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viewer?vid=0&sid=1d998e2a-4882-49c3-9d4f-
ec3a7a040595%40sessionmgr4010
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gic.report.V5.pdf
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Week 5 Learning Activity 2
Mercidieu Delva posted Feb 5, 2018 12:52 PM Subscribe
QSPM for Northern Power system – Quantitative Strategic
Planning Matrix
STRATEGIC ALTERNATIVES
1 2
Buy New Land and Fully Renovate Newly-
Build New Stores Owned Existing Competitors
_____________________________________________________
_____________warehouse___
________________
Key Factors Weight
AS TAS
AS TAS _______
Opportunities
A strong hold on the penetrated
markets because of saturated presence
as well as the product diversity. 0.10
4
0.40 1 0.40
The dealing and performance
criteria are standardized for all the
stores and no deviations are accepted.
0.10
- -
The company is placing special
emphasis on private brands.
0.08
- -
A number of new stores have
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originated especially within the last
two years.
0.05
3 0.15 1 0.15
An excellent temptation to patronize
their stores is given in the form of free
cooking classes; which is also a part of
their promotional strategy.
0.05
2 0.10 1 0.10
Potential market development
in international markets.
0.10 2
0.20 1 0.20
Standardized procedures through-
out all stores.
0.06
- -
Start dealing in private brands 0.06
-
-
Opening of new stores
0.15 -
-
Threats
The company is facing a number of
competitors like Labinal Power system, Custome Cable
Bi-Lo and Piggly Wiggly.
0.08
2 0.16 1 0.16
The product price being comparatively
high allows the competitors to gain a
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competitive advantage over price.
0.08
3 0.24 2 0.48
The global increase in labor, inventory
and operational cost.
0.04
- -
Labinal Power system is expanding globally,
while custom cable is just concentrating in
the same area.
0.03
4 0.12 2 0.24
The internet penetration of the
company is not strong enough to cope
with the changing trends.
0.02
- -
Total 1.00
Strengths
Currently ranked at #. 2 on Fortune’s
World’s Most Admired Companies list
0.02
- -
Ideal locations and number of the
stores at different demographic locations
having more than hundreds stores along with 4 Sabor
stores, 3 Green Wise Stores, 11 Pix
convenience stations, 7 cooking schools
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and 11 event planning locations.
0.10
- -
The company’s revenue is calculated
up to $ 24.3 billion with a net income of
almost $1.2 billion with the labor strength
of 146,500 employees and are successfully
organized through employee stock
ownership program.
0.07
4 0.28 2
0.56
Was ranked at number 9, in 2017, on
the Forbes list all over the world Largest
Companies. 0.03 -
-
The company has a positive
employee environment.
0.07
3 0.21 1 0.21
The company has its own
manufacturing units to the product
0.12 - -
Their huge numbers of locations are
concentrated in different country, according
to the population concentration.
0.08
2 0.16 1 0.16
The specialized salad networks of
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restaurants in England
by Norther Power system
0.06 2 0.12
1 0.12
The customer service provided by
the company is very organized and
responsive as well.
0.05
3 0.15 2 0.30
The company enjoys high returns
on its investments annually.
0.04
4 0.16 4
0.64
Weaknesses
The company has been involved
in litigation for certain gender
discrimination issues.
0.15
2 0.30 2 0.60
The market is limited to only
worldwide: such a good number of
stores should cover a number of country
instead of its saturation in selected country.
0.05
4 0.20 1 0.20
The company is not keeping pace
with growing information technology
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needs.
0.05
1 0.05 2 0.10
Product quality is compromised
which repels the consumers & establishes
a situation of mistrust.
0.03
3 0.09 2 0.18
Price range is not flexible & not
affordable to everyone.
0.04
3 0.12 2
0.24
Employees have to follow a
specific dress code.
0.02
- -
No variety of in store designs;
the same format is followed for
all stores.
0.02
- -
Total
1.00
3.21 5.04
Summary:
First, the qualitative strategic planning matrix (QSPM) is a tool
used in
determining a business strategy. It is broken up into three stages
to make the
most objective decision using as many facts as possible. The
first step is to define
key strategic factors (which are, external opportunities &
threats and internal
strengths and weaknesses) and annotate them. This information
can be obtained
from your SWOT analysis, if you’ve already done one.
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Then, in the second step, once these factors have been
determined and
annotated, a similar form of analysis is performed to objectively
weigh the pros
and cons of each strategic factor in numerical form. By
assigning a weight to each
key external (opportunities & threats) and internal (strengths &
weakness) factor.
The third step is to examine the matrices and identify
alternative strategies that
the organization should consider implementing and record them
in the top row.
Grouping the strategies into mutually exclusive sets if
possible.
Fourth, determine the attractiveness scores (AS) which indicate
the relative
attractiveness of each strategy within a given set of alternatives.
By asking
yourself the question “Does this factor affect the choice of
strategies being
made?” the attractiveness score is determined individually. The
range for the
attractiveness score is: 1 = not attractive, 2 = somewhat
attractive, 3 =
reasonable attractive, and 4 = highly attractive. The meaning of
attractive is that
the extent that one strategy, when compared to the others,
enables the company
to either capitalize on the strength, improve on the weakness,
exploit the
opportunity, or avoid the threat.
Step five is to compute the total attractiveness scores. This
figure indicates the
relative attractiveness of each alternative strategy, considering
only the impact of
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
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292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx
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292018 Week Two Discussion One - PSAD 302 6980 Introduction .docx

  • 1. 2/9/2018 Week Two Discussion One - PSAD 302 6980 Introduction to Public Safety Administration (2182) https://learn.umuc.edu/d2l/le/content/261558/viewContent/1158 8551/View 1/6 Candice Gay Week 2 Discussion 1 Candice Gay posted Feb 8, 2018 8:53 PM Subscribe The federal government has significant influence over our day to day to life. Largely in part because the federal government oversees our homeland and national security and the health and overall well-being of the realm. Healthcare, specifically programs like Medicare and Medicaid account for a major chunk of the budget. According to the Center on Budget and Policy Priorities, “four health insurance programs — Medicare, Medicaid, the Children’s Health Insurance Program (CHIP), and Affordable Care Act (ACA) marketplace subsidies — together accounted for 26 percent of the budget in 2016, or $1 trillion.” Federal funding extends to various research carried out by the National Health Institute and the Centers for Disease Control. Although the Constitution provides a clear distinction of federal and state powers, the federal government seems to reign supreme in all matters healthcare.
  • 2. Reference Policy Basics: Where Do Our Federal Tax Dollars Go? (2017 October 10) Retrieved less 0 Unread 0 Replies 1 Views Charles week 2 Quest 1 Charles Pitt posted Feb 7, 2018 8:24 PM Subscribe In answering this question let me start by saying this, before the year 1916 the Federal Government had little input in how the states operated when it came to public safety, sure it had some regulations in place as to how every state should operate due to its citizens being American citizens first, It could not actually tell the States how to operate because the State had to operate on a budget that was suited for them. After 1916 when Federal taxes became a legal institution the Federal Government could address many more problems and situations due to the fact that they were operating with a significant more amount of money. This afforded the Federal Government and Congress to come up with
  • 3. ways and ideas to Negotiate with the States in order to better ensure the safety and security of the public. In which they came up with the Federal Grants Initiative program, whereas States would be able to qualify for the different grants as long as they javascript:void(0) javascript:void(0); javascript:void(0); javascript:void(0) javascript:void(0); javascript:void(0); 2/9/2018 Week Two Discussion One - PSAD 302 6980 Introduction to Public Safety Administration (2182) https://learn.umuc.edu/d2l/le/content/261558/viewContent/1158 8551/View 2/6 abide by the stipulations of the Federal Government. This type of negotiation afforded appealed to the States because now they could receive a good amount of money from the government to spend on the areas in which they knew was needed but not necessarily have the funds to place there. This was called Fiscal less 0 Unread
  • 4. 0 Replies 1 Views Week 2 DQ1 - David David Anderson posted Feb 8, 2018 8:58 PM Subscribe The Federal government attaches conditions on grants that are provided to state and local governments. The most recent example is the court case involving President Trump’s executive order directed towards sanctuary cities. Jeff Sessions attempt to modify the conditions of the grant without Congress’s approval. Even through Judge Leinenweber ruled against part of the policy to deny funds, I believe it is a great example of how the Federal government can use funds to influence public safety. Local governments accepting grants from the Federal government must adhered to the stringent conditions agreed upon prior to providing the grant. Reference: Somin, I. (2017, September 15). Analysis | Federal court rules against part of Trump plan to deny funds to sanctuary cities. Retrieved February 08, 2018, from https://www.washingtonpost.com/news/volokh- conspiracy/wp/2017/09/15/federal-court-rules-against-part-of- trump-
  • 5. administration-effort-to-target-sanctuary- cities/?utm_term=.6ec6c4bcb654 less 0 Unread 0 Replies 1 Views Week Two Discussion One Florita Wesley posted Feb 8, 2018 8:33 PM Subscribe The federal government uses of funding to influence the behavior and policies of local level public safety related programs can be in the form of an incentive or javascript:void(0) javascript:void(0); javascript:void(0); https://www.washingtonpost.com/news/volokh- conspiracy/wp/2017/09/15/federal-court-rules-against-part-of- trump-administration-effort-to-target-sanctuary- cities/?utm_term=.6ec6c4bcb654 javascript:void(0) javascript:void(0); javascript:void(0); 2/9/2018 Week Two Discussion One - PSAD 302 6980
  • 6. Introduction to Public Safety Administration (2182) https://learn.umuc.edu/d2l/le/content/261558/viewContent/1158 8551/View 3/6 disincentive. In other words, if the states do not comply with regulations imposed by the federal government; the federal government could withhold certain funding. For instance, under the Uniform Drinking Age Act of 1984, the federal government required states to raise the drinking age to 21 to receive highway funds (incentive) or face cuts to their federal highway funding (disincentive). Moreover, according to the Center for Disease Control and Prevention (2017), “the minimum legal drinking age of 21 saves lives and protects health.” Reference CDC (2017). Age 21 minimum legal drinking age. [Online serial] Center for Disease Control and Prevention Retrieved fromless 0 Unread 0 Replies 3 Views week 2 disscuss 1 - Greg Daclan
  • 7. Greg Daclan posted Feb 7, 2018 1:13 AM Subscribe The federal government can use funding to influence behavior by intervening only through individual behavior, meaning it is mostly done by education, incentives, or deterrence. Despite the benefits, it also has its flaws. Through the public health regulations use the data gathered for easier intervention for many people, it can be seen as a burden for those who live in poor families and racial minorities. However the government would still do this for people to know of its existence and be known. The funds amassed for this intervention would go towards those that will need to benefits of these programs, which would bring more people to these programs. It can both impede and promote safety by bringing to to the front. less 0 Unread 0 Replies 4 Views Ray_ Week 2 Patrick Ray posted Feb 7, 2018 12:41 PM Subscribe
  • 8. There are a multitude of ways that the federal government can influence the behavior at the state and local level with funding. I was able to find a number of more javascript:void(0) javascript:void(0); javascript:void(0); javascript:void(0) javascript:void(0); javascript:void(0); 2/9/2018 Week Two Discussion One - PSAD 302 6980 Introduction to Public Safety Administration (2182) https://learn.umuc.edu/d2l/le/content/261558/viewContent/1158 8551/View 4/6 1 Unread 1 Replies 7 Views Last post Wed at 6:49 PM by Travis Chase Week 2 question 1 Richard Weldon posted Feb 5, 2018 6:30 PM Subscribe
  • 9. Provide and discuss an example of how the federal government uses funding to influence the behavior and policies of local level public safety related programs. The federal government has the ability to influence policy with state government by providing or with-holding funding through fiscal opportunities like categorical grants and block grants. The federal government can also influence policy through donation of equipment or man-power. One could argue that the donation of equipment and man-power, through the use of federal employees like military reservists and other disaster response personnel makes a more direct and authoritative statement regarding the power of the federal government. No more is this statement true than when one considers the 1033 program, a program that authorizes the federal government to distribute surplus military equipment to state and local law enforcement agencies. The 1033 program, reinstated by President Trump allows the military to donate or sell discounted military vehicles, weapons, clothing and other miscellaneous items to local and state law enforcement organizations. This is important from a policy perspective because the program was born from a clause in the National Defense Authorization Act under the subtitle “Counter-drug activities”. Therefore, this shows the federal government is making a plain and clear
  • 10. statement through this program; the war on drugs is a literal war, requiring military equipment that we will provide if you take the war to the streets. http://www.dla.mil/DispositionServices/Offers/Reutilization/La wEnforcement/Joi nTheProgram.aspx less 2 Unread 2 Replies 12 Views Last post yesterday at 7:44 AM by Richard Weldon Dq 1 Ronald Edhaya posted Feb 6, 2018 12:49 PM Subscribed javascript:void(0); javascript:void(0) javascript:void(0); javascript:void(0); http://www.dla.mil/DispositionServices/Offers/Reutilization/La wEnforcement/JoinTheProgram.aspx javascript:void(0); javascript:void(0) javascript:void(0); javascript:void(0);
  • 11. 2/9/2018 Week Two Discussion One - PSAD 302 6980 Introduction to Public Safety Administration (2182) https://learn.umuc.edu/d2l/le/content/261558/viewContent/1158 8551/View 5/6 The government is known to optimally set expenditures equally and letting taxes shift residually, giving a clear indication that the government has a certain preference on either budgetary items for policy variability. The government understands that the correspondence between expenditure policy and tax are invalid if transfer programs are the link for local policies, and the final result is the policies having different outcomes on the transfer payments (Koethenburger, 2008). The local government are thus obliged to choose their policy variable strategically to benefit from the transfer State governments influence a certain state cost of taxation via its own laid out policy variables in a bid to capitalize on the effect in which interstate transfers are set upon an increase in state taxes. This is because an increase in the rate of taxation in one state will lower the transfer income in the state which has an increasing tax rate thus luring additional transfers to the other neighboring state. If the neighboring state optimized the taxes, public expenditure would shift
  • 12. creating a rise in transfer income. However, taxes decrease with the optimization of expenditure creating an effect in luring more transfers to the other state that is financed by a reduction of transfers to the state with rising tax. The government, in federal states, capitalizes on such equilibrium implications by using funding local governments and states whose public safety policies favor transfers income especially in states that share dissimilar policies (Koethenbuerger, 2008) Reference less 0 Unread 0 Replies 6 Views Week 2 Discussion 1 Travis Chase posted Feb 7, 2018 6:38 PM Subscribe The federal government uses funding to influence the lower levels of government in numerous ways like fiscal federalism, categorical grants, block grants, and revenue sharing. All which use grant money with specific policies they want the states to adopt in order to receive money. I don't agree with
  • 13. those funding options because they put the lower governments in vulnerable positions and gives the federal government unfair leverage. For example, if a state government javascript:void(0) javascript:void(0); javascript:void(0); 2/9/2018 Week Two Discussion One - PSAD 302 6980 Introduction to Public Safety Administration (2182) https://learn.umuc.edu/d2l/le/content/261558/viewContent/1158 8551/View 6/6 needed funding for education. The federal government will provide the grant if the state adopts certain changes to the educational curriculum like, terminate physical education. If the state is in desperate need of education funding, they may accept the grant even though it may not benefit the public. less 2 Unread 2 Replies 4
  • 14. javascript:void(0); 2/9/2018 Week Two Discussion Two - PSAD 302 6980 Introduction to Public Safety Administration (2182) https://learn.umuc.edu/d2l/le/content/261558/viewContent/1158 8552/View 1/5 Considering the concept of federalism, who bears the greatest responsibility for public safety: Federal state or local government? Or does the greatest responsibility for public safety lay elsewhere. Explain your response. Start a New Thread Filter by: All Threads Sort by: Author First Name A-Z week 2 Quest 2 Charles Charles Pitt posted Feb 8, 2018 7:32 PM Subscribe In order to answer this type of question one must understand the definition of Federalism; Federalism is the division of powers between central and regional governments, central meaning local and regional meaning on a national scale. let me start off by saying this according to the Federalist at the time James Madison and Alexander Hamilton, Although they held different views and objectives on the
  • 15. subject they still believed that the National Government played an intricate roll in the responsibility of public safety. I always side on the side of assurety. What this means is, I tend to agree with what seems to be that of assurety ( A sure thing if you will), when it comes to safety. I have always believed in the big brother theory, because my brother has always been the type of individual to look out for me. ( analogy, Federal Government big brother and State being younger) I also believe like Hamilton, it being a shared responsibility, because looking at it from the States level they would really understand the citizens needs in the area but on the other hand the Federal Government has an observation of a bigger picture looking at it from the outside if you will when it comes to the needs of the citizens as well concerning safety, all in all according to the U.S. Constitution Article VI It declares the laws of the National Government deriving from theless 1 Unread 1 Replies 2 Views Last post yesterday at 10:18 PM by Carl Wertman
  • 16. Week 2 DQ2-David David Anderson posted Feb 7, 2018 2:30 PM Subscribe javascript:void(0) javascript:void(0); javascript:void(0); javascript:void(0); javascript:void(0) javascript:void(0); javascript:void(0); 2/9/2018 Week Two Discussion Two - PSAD 302 6980 Introduction to Public Safety Administration (2182) https://learn.umuc.edu/d2l/le/content/261558/viewContent/1158 8552/View 2/5 The definition of Federalism is the distribution of power in an organization (such as a government) between a central authority and the constituent units (Merriam-Webster, 2018). I found the article in Annenberg Learner, Federalism: U.S v. the States extremely interesting, especially when the article refers to Federalism as a division of powers and a constant struggle. All levels of government are responsibility for the safety of the public. I don’t believe the burden is less as the responsibility or jurisdiction expands. Federal is responsible for a large piece of the puzzle and supports at the state level. State is responsible for the state level and supports the local, county and
  • 17. city. Local government is the first responder and is in direct contact with the public. Local government is responsible for making sure the information; Magnitude of the incident and the amount of support required is properly relayed to the next level. The responsibility, and importance of relaying information should be equally significant at every level. I believe the biggest burden of public safety lies with the public. It is the public’s responsibility to become educated on how the government works and continue their education as the government evolves. Too often, state, local and federal levels of government propose measures to change the laws and the public does not research the information prior to voting. References: Federalism: U.S. v. The States, Topic Overview. (n.d.). Retrieved February 07, 2018, from http://www.learner.org/courses/democracyinamerica/dia_3/ dia_3_topic.ht ml less 2 Unread
  • 18. 2 Replies 7 Views Last post yesterday at 10:24 PM by Carl Wertman Week Two Discussion Two Florita Wesley posted Feb 8, 2018 8:36 PM Subscribe http://www.learner.org/courses/democracyinamerica/dia_3/dia_ 3_topic.html javascript:void(0); javascript:void(0) javascript:void(0); javascript:void(0); 2/9/2018 Week Two Discussion Two - PSAD 302 6980 Introduction to Public Safety Administration (2182) https://learn.umuc.edu/d2l/le/content/261558/viewContent/1158 8552/View 3/5 Federalism divides power into two levels, national and state. Therefore, considering the concept of federalism, it could be implied that federal, state and local governments each have its own level of responsibility for public safety. However, when it comes to public safety – I believe that it’s everybody’s responsibility for public safety. We, citizens (public), are
  • 19. governed locally, as well by our national and state governments and need to communicate altogether. After all, there are more citizens than federal, state and local governments; and we, as citizens are more likely to see and hear something first. That is, “see something say something ” Public safety is everybody’s responsibilityless 0 Unread 0 Replies 0 Views week 2 disscuss 2 - Greg Daclan Greg Daclan posted Feb 8, 2018 12:45 AM Subscribe All three systems of government are responsible for public safety. While the three take on specific part of government, they are all aiming for the same thing, which is the safety of its citizens, provide public goods, and ensure their protection form violence and other bad acts of life. It can be called the infrastructure that enables citizens to flourish in both social and economic ways in the same ways. The power is invested in different points. Federal government takes on the vast majority of the state, state government takes on things around their state going
  • 20. into their local cities, and local government goes on direct contact with people within their own city. https://www.weforum.org/agenda/2017/02/government- responsibility-to- less 0 Unread 0 Replies 1 Views Ray_Week 2 Patrick Ray posted Feb 7, 2018 6:14 PM Subscribe Local governments are ultimately responsible for the success their communities. Officials at the local the local level best understand the needs of the people they represent, they know what the what infrastructure issues need to be addressed and ultimately what issues need to be addressed to improve or maintain the state of their community. The state of the local economy will always be the key javascript:void(0) javascript:void(0); javascript:void(0); https://www.weforum.org/agenda/2017/02/government- responsibility-to-citizens-anne-marie-slaughter/
  • 21. javascript:void(0) javascript:void(0); javascript:void(0); 2/9/2018 Week Two Discussion Two - PSAD 302 6980 Introduction to Public Safety Administration (2182) https://learn.umuc.edu/d2l/le/content/261558/viewContent/1158 8552/View 4/5 measure of how successful anyone community is. In order to establish a strong economy the community needs to be safe, have adequate infrastructure, access to natural resources, and reliable leadership, just to name a few necessities. With the knowledge of where efforts need to be focused communities leaders and elected officials can allocate locally generated resources and seek out additional less 0 Unread 0 Replies 2 Views Week 2 question 2 Richard Weldon posted Feb 5, 2018 6:31 PM Subscribe
  • 22. Considering the concept of federalism, who bears the greatest responsibility for public safety: Federal state or local government? Or does the greatest responsibility for public safety lay elsewhere. Explain your response. The responsibility for public safety falls on all three levels of government. While all three levels of government bear the responsibility in general they each play a specific role. The federal government sets primary policy through legislation and grant funding. The federal government’s most powerful tool is their ability to dictate policy through grant funding. It is the state governments role to create a plan to accomplish primary goals set by the federal government and identify secondary goals. Therefore, the county and local government is responsible for the putting the predetermined plan into action and to properly report results up less 2 Unread 2 Replies 6 Views Last post yesterday at 8:49
  • 23. AM by Richard Weldon Dq 2 Ronald Edhaya posted Feb 6, 2018 12:51 PM Subscribed The question arises as it is known that both the federal and local government bear a certain degree of responsibility in regards to public safety. Both more 0 Unread 0 Replies 2 Views javascript:void(0) javascript:void(0); javascript:void(0); javascript:void(0); javascript:void(0) javascript:void(0); javascript:void(0); 2/9/2018 Week Two Discussion Two - PSAD 302 6980 Introduction to Public Safety Administration (2182) https://learn.umuc.edu/d2l/le/content/261558/viewContent/1158 8552/View 5/5
  • 24. Week 2 Discussion 2 Travis Chase posted Feb 7, 2018 8:13 AM Subscribe All three levels of government have a responsibility when it comes to public safety. I believe that depending on the type safety concern will determine which level would have the greatest responsibility for public safety. If there is a declaration of war against the United States, I expect for the federal government to have the greatest responsibility in that situation. I refer to the fire department a lot because of my line of work. Concerns for public safety with response times of District of Columbia Fire Department, would be the responsibility at state level. If the public has a specific safety concern in their county, the local javascript:void(0) javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 1/83 The QSPM Matrix shows a relative attractiveness of the market penetration strategy, providing objective basic for future unit-specific
  • 25. strategies that could potentially lead the corporation to success. This optimal strategy would be adequate for the corporate’s future activities for these reasons: 1. Industry expansion reflects the attractiveness an industry and the discovered potentialities in it. By acquiring new customers using the existing services, CMA CGM may increase its sales growth in its existing markets to gain a higher market share. 2. In emerging markets, gaining new market shares from existing services can secure a competitive advantage such as brand power which can be reliable, to some extent, for sustaining that competitive advantage and reach new growth rates to increase profits and facilitate corporate expansion. 3. The market penetration strategy may also help the corporation better understand its competitive environment. Because the corporation will be aiming at the existing markets using existing products, the strategy will also have a focus on the competititors to determine their number and their level of competitiveness. Answers to these interrogations will influence how aggressive the corporation needs to be face to the competition. References:
  • 26. Week 5 Readings and Audio. CMA CGM Official website: https://www.cma-cgm.com/the- group/about- us/presentation Week 5 -LA 2- Alternatives… (14.4 KB) https://www.cma-cgm.com/the-group/about-us/presentation https://learn.umuc.edu/d2l/le/267247/discussions/posts/3944723 8/ViewAttachment?fileId=11550995 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 2/83 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 3/83 less 0 Unread 0 Replies
  • 27. 5 Views Week 5 - LA 1 - ADiaw Alioune Diaw posted Feb 9, 2018 3:32 AM Subscribe Learning Activity 1: CMA CGM evolves in the container shipping industry. Last week’s analysis defined that the corporation highly follows a differentiation strategy as its generic https://learn.umuc.edu/d2l/le/267247/discussions/threads/12508 700/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 4/83 business strategy basing its source of competitive advantage in uniqueness of their delivered services which facilitates targeting a broad market for their scope of operations; as stated in their visions and values. This program has given the organization access to international markets with access to new customers, especially in Africa and Asia, lowered transportation and delivery costs and diversified the Business Risk. Only 6% of its employees are
  • 28. working with the corporation in its home country, France. (cma-cmg.com) Thus, to maintain its posture as the third worldwide leading shipping group and an economic player, the corporation may need to implement corporate-level strategies to achieve and sustain the main differentiation strategy. The following may be considered: Product development or the creation of new services to attract new customers in the existing market. This strategy especially can be effective in the almost saturated industry and with future expansions forecasted. Market development. CMA CMG may propose their existing services to new markets. This will increase the potentiality to reach new geographic areas (for instance, have access to more African and Asian commercial ports), together with an expansion of the shipping routes and a lowering of shipping costs in the long run. Market penetration. The expansion of the container shipping industry will most likely encourage this concentration strategy as it increases chances of fast losing organization’s competitive advantage. To gain additional market share, the corporation may advertise its existing services or mission statement to gain new customers, either new to the market or existing that
  • 29. were the competition’s customers. Horizontal integration. Another strategy that CMA CGM could implement is the acquisition or merger of/with new businesses. This method will ultimately lower costs of services by achieving greater economies of scale. (The Saylor Foundation, 2014). Another example of horizontal integration would be alliances which tighten competition around members of the alliance, gives access to new shipping routes (distribution channels) and serve to block new entry to markets, together making the industry more profitableless 0 0 1 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 5/83 Unread Replies Views Learning Activity#2 Caitlyn Gordon posted Feb 7, 2018 6:47 PM Subscribe *** QSPM is attach** The QSPM is an effective tool to understand which strategy, where it be at a
  • 30. business or corporate level, is the best fit for the organization at the present ("Quantitative Strategic Planning Matrix (QSPM)", n.d.). It compares and contrasts multiple strategies with weighted scores that pertain to that corporation. The total sum of attractiveness score, calculated from weighted scores from IFE matrix and EFE matrix and their corresponding AS (attractiveness score) are numerical proof of which strategy is better or worse for company. The enormous size of GSK pharmaceuticals has a high risk to not make effective decisions for the entire corporation. Using the QSPM as one the many tools to make a decision for the corporation ensures the company remains objective in making the company's goals. From the QSPM above for GlaxoSmithKline , you can immediately tell that product development is the best corporate level strategy for the company. Product development strategy for GSK means expanding its current products in their consumer healthcare and pharmaceutical lines. Currently, GSK has the potential to expand its consumer healthcare lines with its tooth hygiene products. The hygiene line is is gaining strength globally. It was ranked number one for oral health specialist in fifty markets ("Quick Facts", 2017). This notoriety brings brand recognition which will allow for profitable product development.
  • 31. Quick Facts. (2017). Gsk.com. Retrieved 7 February 2018, from https://www.gsk.com/media/3646/gsk-quick-facts.pdf Quantitative Strategic Planning Matrix (QSPM). MBA Tutorials. Retrieved 7 February less 4 Unread 4 Replies 7 Views Last post yesterday at 12:40 PM by Caitlyn Gordon Learning Activity#1 Caitlyn Gordon posted Feb 7, 2018 6:43 PM Subscribe https://learn.umuc.edu/d2l/le/267247/discussions/threads/12485 605/View javascript:void(0); javascript:void(0); https://www.gsk.com/media/3646/gsk-quick-facts.pdf javascript:void(0); https://learn.umuc.edu/d2l/le/267247/discussions/threads/12485 543/View javascript:void(0); javascript:void(0);
  • 32. 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 6/83 GlaxoSmithKline LLC, GSK,. is using its brand recognition and high market share to focus on product differentiation. The product differentiation for GSK are vaccine s, pharmaceuticals (prescriptions), and consumer healthcare. To take that generic strategy a step forward, the co mpany needs to hone in on few different strategies: Corporate level Strategy: 1. Market Penetration- expand the market in the United States and East Asia 2. Market Development - bring the European consumer healthcare products to the US market 3. Product Development 4. Related Diversification -economies of scope The suggested corporate level strategies will advance the generic strategy of increasing brand recognition and differentiation. GSK needs to explore different possibilities with social media and advertising in their US and Asia market. GSK’s main market is in the UK and it is slowing pushing its way into the US and Asia. The competition in both market, especially the US market is fierce. The company needs to gain brand recognition through strong marketing campaigns of its current products ( Strategic Management, 2014, Leading Strategically, p.138). Through this market penetration, there needs be market development. American’s are always looking
  • 33. for new products and or effective products to instantly fix their issue. GSK has number of products that are not allowed in the United States for various reasons such as, patents not being accepted, stricter pharmaceutical regulations, and various government legalities. These should not be a reason to not have these products offered in the US or other markets. GSK should start working with the governments of specific countries and start offering these products to gain more market share. It could potentially bring a number of new consumers to GSK. Now with that being said, there needs to set of financial benchmarks or mile-marker to ensure that there is fair amount of money being spent on getting those products into the market (Morello, n.d.). Consumers are always looking for new and better forms of their prescription (pharmaceuticals), vaccine, and development. GSK needs to improve on their product development with diversification. It is slowly building its consumer healthcare sector, especially in the US. The sector, as whole, brought in 7.2 billion British pounds in 2016 ("Quick Facts", 2017). It needs to start increasing its vaccine and pharmaceutical products for the US and Asia market. Pharmaceutical industry itself is a very unknown industry to the average consumers. GSK could use their growing consumer healthcare market share in the US and create affordable and high quality forms of medicine and consumer healthcare products for the US and Asia market. This is related diversification, bringing new products to the existing base of consumers( Strategic Management, 2014, Leading Strategically, p 257). Consumers are more willing to purchase from companies that they know and trust from not just one product. If the consumer knows
  • 34. the company is successful and reputable with on product, they are more inclined to purchase another product from them. Resources: Morello, R. What is Marketing Strategy Development?. Smallbusiness.chron.com. Retrieved 7 February 2018, from http://smallbusiness.chron.com/marketing-strategy- development-58521.html http://smallbusiness.chron.com/marketing-strategy- development-58521.html 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 7/83 Quick Facts. (2017). Gsk.com. Retrieved 7 February 2018, fromhttps://www.gsk.com/media/3646/gsk- quick-facts.pdf Strategic Management. (2014). Leading strategically. Washington, D.C.: The Saylor Foundation. Pages 241/257 less 1 Unread 1 Replies
  • 35. 2 Views Last post yesterday at 12:30 PM by Jared Ubben LA 1 Cassandra Caster posted Feb 8, 2018 2:29 PM Subscribe The company that I have been using in past discussions is Bergey Wind Power. Bergey Wind Power is a company that specializes in small wind turbines for homes, farms and small businesses (Bergey, n.d.). In last week’s discussion, I determined that the generic strategy that Bergey should continue to focus is differentiation. The essence of a differentiation strategy is separating the product of a company from its’ competitors. One corporate-level strategy that Bergey could pursue is a diversification strategy. The diversification strategy will allow Bergey to branch off and enter other markets to gain new business. Bergey could look towards creating a business friendly model for larger corporations, or models that can be used with neighborhood smaller-businesses. This will allow Bergey to compete with some of their larger competitors. Other strategies that Bergey could pursue are concentration strategies. Concentration strategies will allow Bergey to be able to better compete in the
  • 36. wind industry. In using a concentration strategy, Bergey can use product development, market penetration and market development as part of its’ efforts to excel within the industry (Strategic Management, 2014). In order to expand their customer base and increase brand loyalty, Bergey can focus on increasing the demand for wind turbines while creating a plan for market and product development. References https://www.gsk.com/media/3646/gsk-quick-facts.pdf javascript:void(0); https://learn.umuc.edu/d2l/le/267247/discussions/threads/12496 945/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 8/83 less 0 Unread 0 Replies
  • 37. 1 Views LA 2 Cassandra Caster posted Feb 8, 2018 2:28 PM Subscribe In the chart below, I have compared my four strategies: market development, diversification, product development and market penetration. The strategy that earned the highest attractiveness score was market penetration. Bergey already contains the best warranty in the wind turbine industry. As they continue to improve and develop their wind turbines, Bergey will continue to win over customers and penetrate the market deeper and hold a higher value of market share. As wind energy continues to develop, customers will start looking at turbines and companies that have a great reputation. Market Development Diversification Product Development Market Penetration Factors Weight A.S Total A.S A.S Total A.S A.S Total A.S A.S Total A.S
  • 38. O- Increased Awareness for Environment 0.20 4 0.80 3 0.60 4 0.80 4 0.80 O- Tax Credits 0.15 4 0.60 2 0.30 1 0.15 3 0.45 O- EPA Limits on Power Plants 0.15 3 0.45 2 0.30 1 0.15 1 0.15 O- Potential Market Growth for Farmers 0.05 3 0.15 4 0.20 4 0.20 2 0.10 https://learn.umuc.edu/d2l/le/267247/discussions/threads/12496 925/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 9/83
  • 39. O- Government’s willingness to turn to wind energy 0.15 2 0.30 3 0.45 2 0.30 4 0.60 T- Increasing shipping costs 0.10 2 0.20 2 0.20 2 0.20 3 0.30 T- Availability and amount of advertising for solar power 0.15 1 0.15 2 0.30 2 0.30 3 0.45 T-More Competition 0.05 3 0.15 4 0.20 4 0.20 4 0.20 S-“Wind School” 0.10 2 0.20 1 0.10 1 0.10 3 0.30 S- International Projects 0.15 3 0.45 4 0.60 2 0.30 4 0.60
  • 40. S- Variety of products 0.15 3 0.45 4 0.60 4 0.60 3 0.45 S – Longest warranty in industry 0.30 4 1.20 4 1.20 4 1.20 3 0.90 W-Certified d l d dless 0 Unread 0 Replies 0 Views 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 10/83 LA #2 Danielle Hardy posted Feb 8, 2018 6:58 PM Subscribe pic0.png (109.77 KB) https://learn.umuc.edu/d2l/le/267247/discussions/threads/12500
  • 41. 387/View javascript:void(0); javascript:void(0); https://learn.umuc.edu/d2l/le/267247/discussions/posts/3943040 3/ViewAttachment?fileId=11547474 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 11/83 less 0 Unread 0 Replies 0 Views LA #1 Danielle Hardy posted Feb 8, 2018 6:55 PM Subscribe 1. Macure Pharma could use the disruptive innovation strategy to outperform their competitors. This strategy would require the company to create a new process for formulating their specialty blends of pharmaceuticals. This would allow them to manufacture their products cheaper, while still selling at their premium costs, will increase their profit margin (Strategic
  • 42. Management, 2014). 2. Alternately, Macure Pharma could implement the Blue Ocean strategy and create a new segment in the pharmaceutical market. This would require them to use their research and development capabilities to manufacture a new drug that the public is not aware that they need. Demands will rise, along with profits (Strategic Management, 2014). 3. A third option would be to create a strategic alliance with, or acquire as a subsidiary, another pharmaceutical manufacturer in the market. An acquisition would be more beneficial for the company’s generic strategy. Macure Pharma less https://learn.umuc.edu/d2l/le/267247/discussions/threads/12500 349/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 12/83 0 Unread
  • 43. 0 Replies 0 Views Learning Activity 2 Darren Carroll Darren Carroll posted Feb 8, 2018 9:17 PM Subscribe Note: Last week an error was discovered in the scores of the EFE and IFE thus throwing off the IE matrix. After learning of the errors, reevaluations and calculations were made to correct these errors. Some weights might vary from the former incorrect IE matrix. QSPM - Orion Pharma Key Factors Horizontal Integration Forward Vert. Integration Back Vert Integration Internal Strengths Weight AS TAS AS TAS AS TA Global Company 0.2 4 0.8 3 0.6 1 0. Multiple Market Segments 0.2 4 0.8 3 0.6 1 0.
  • 44. Market Leader 0.2 - - - Internal Weakness Complacency 0.2 2 0.4 1 0.2 3 0.6 Limited Distribution 0.11 - - - Visionary Leadership 0.09 2 0.18 1 0.09 3 0.2 https://learn.umuc.edu/d2l/le/267247/discussions/threads/12503 234/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 13/83 1 External Opportunities Underdeveloped Markets 0.1 4 0.4 3 0.3 1 0. Generics 0.1 4 0.4 2 0.2 3 0. Economic Development 0.1 4 0.4 3 0.3 1 0.
  • 45. Partnerships 0.15 3 0.45 2 0.3 1 0.1 Distribution Channels 0.1 3 0.3 4 0.4 1 0. External Threats Government Regulations 0.09 - - - Partners in other markets 0.08 3 0.24 4 0.32 1 0.0 Expiring Patents 0.09 3 0.27 4 0.36 2 0.1 New entrants in generics 0.1 4 0.4 3 0.3 2 0. Litigation and law suits 0.09 - - - 1 Total 5.04 3.97 2.4 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 14/83 The Quantitative Strategic Planning Matrix (QSPM) is a tool used to assist organizations in determining which strategy a company should
  • 46. focus on to best achieve a desired direction of the organization. (David, David & David, 2009, The quantitative strategic planning matrix (QSPM) applied to a retail computer store, p. 42) David (et al., 2009, The quantitative strategic planning matrix (QSPM) applied to a retail computer store, pp. 48-51) lists the steps to properly utilize the matrix as: 1. The matrix consists of key factors from the EFE, IFE, SWOT and IE, along with the weights used in the referenced matrix. They should be listed in the key factors and weight columns respectfully. 2. An Attractiveness Score (AS), 1 – 4 with 1 being the lowest and 4 being the highest, is given to each key factor. All strategies are scored row by row, not repeating the score. If one item is deemed as having no effect on the strategy and not scored, then the same row in all strategies be not graded or dashed out. 3. The product of the weighted key factor and the AS becomes the Total Attractiveness Score (TAS). 4. A TAS of the key factors for each strategy will be made and placed at the bottom of the matrix. The highest sum indicates which strategy should be
  • 47. the most attractive over other strategies. The QSPM for Orion Pharma indicates the Horizontal Integration is the most attractive as indicated by the higher TAS. Horizontal Integration simply means to acquire or merge with other companies in the same market. (Strategic Management, 2014, Selecting Corporate-level strategies, p. 245) Horizontal integration for Orion Pharma can be easily achieved in two areas of the market in which it has already proven to be a leader in; the animal health and generics. Orion welcomes the creation of meaningful partnerships that improves research and development, because such partnerships help keep cost low and increased revenues. This is an enabler of Orion’s strategy of cost leadership. Through partnerships Orion can identify organizations that might benefit from a merger, in particularly smaller organizations that cannot bear the cost of research and development. 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 15/83 less
  • 48. 0 Unread 0 Replies 0 Views Orion’s global presence should create opportunities to merge with smaller companies that can lend to Orion entering underdeveloped markets, increasing sales in generics and finding new distribution channels for all its products. Additionally, through mergers, Orion can eliminate competitors and new entrants to the generic market. Likewise, in the animal health market, Orion can establish brand presence and social responsibility, which goes a long way in today’s market place. Why social responsibility, simply because Orion can establish a trust with pet owners as well. It is good to know that pharmaceutical companies not only value human life but animal life as well. Learning Activity 1 Darren Carroll Darren Carroll posted Feb 8, 2018 9:11 PM Subscribe Orion Pharma is positioned well in a vary of segments in the North European pharmaceutical market. This did not happen by accident, but through good leadership. Some of the accomplishments of the company are:
  • 49. A very lucrative generic market; Animal health and wellbeing products (Orion, n.d. a, Organisation, para. 3) Provided of contract manufacturing; Suppliers of active ingredients (Orion, n.d. b, Products and services) Encourage partnerships (Orion, n.d. c, Partnering, para. 3) Such a stance as this creates possibilities and corporate level strategies for growth and brand awareness. Among the various possibilities of strategies, a few rises to the top as being a best choice to help the company growth in the industry and brand. They are: Horizontal integration Forward vertical integration Backward vertical integration https://learn.umuc.edu/d2l/le/267247/discussions/threads/12503 086/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 16/83 Related Diversification
  • 50. Horizontal integration is simply a merger or acquisition of another company in the same market space. (Strategic Management, 2014, Selecting Corporate-level strategies, p. 245) The areas that present the best opportunity for this is in the animal health and partnerships. Orion can help build brand through acquisition of smaller, possibly distressed animal pharmaceutical manufactures. Visibility of the brand increases and hopefully market share. And through the open partnerships Orion could pick and choose a company that would best serve as an extension of their own efforts for merger. If Orion should expand across the market, the company could set the prices at the mark best suited for them and others would have to match them. Forward vertical integration occurs when a company takes on the buyer’s position in the value chain. (Strategic Management, 2014, Selecting Corporate-level strategies, p. 254) The possibilities of such a direction would be in distribution channels. Currently, Orion does not own any form of distribution channels: regional distributors or pharmaceutical retail stores. A market penetration such as this could possibly cause a loss of sales to smaller companies opening gateways for horizontal integration. Backward vertical integration is when a company plays the part of the supplier.
  • 51. (Strategic Management, 2014, Selecting Corporate-level strategies, p. 254) This should not be very hard, because Orion is a manufacture of pharmaceuticals and supplier of active in ingredients. The backward vertical integration should be focused on the value chain beyond the company’s capabilities in the raw material areas. If such integration should occur, Orion could foreseeability own the entire value chain, from raw materials to consumer. What a boost in brand and market take domination as the company could set the price points controlling the industry. Related diversification is when a company moves into a market that has close ties to the current market. (Strategic Management, 2014, Selecting Corporate-level strategies, p. 256) Orion can use this diversification strategy to enter into the animal wellness and insurance market. A move such as this would be pointed at building the brand and increasing profits to allow lower price levels in areas such 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 17/83 as generics. Using or recommending their own products will
  • 52. help the company grow and could mean increased profits. Orion is well position in the industry with the potential to gain market share through various corporate level strategies if so desired. All of the strategies would lend to increased revenues from competitors and other buyers, while Orion can feasibly reduce cost on the larger more lucrative products, applying pressure to competitors. less 0 Unread 0 Replies 0 Views Week 5 - LA2 - Stevens Donna Stevens posted Feb 8, 2018 9:45 PM Subscribe General Electric: Quantitative Strategic Planning Matrix (QSPM) Below outlines the Quantitative Strategic Planning Matrix (QSPM) developed for General Electric. Key Internal Factors Market
  • 53. Development Market Penetration Forward Vertical Integration Acquisition Internal Strength Weight AS TAS AS TAS AS TAS AS TAS 1. Ample wind conditions .05 - 0 - 0 - 0 - 0 2. Investor confidence .05 3 .15 2 .10 1 .05 4 .20 3. Funding .10 2 .20 2 .20 1 .10 4 .40 4. Brand recognition .15 3 .45 4 .60 3 .45 3 .45 5. Product portfolio .15 2 .30 3 .45 4 .60 4 .60 https://learn.umuc.edu/d2l/le/267247/discussions/threads/12503 912/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182)
  • 54. https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 18/83 Internal Weakness 1. Construction permit wait times .15 - 0 - 0 - 0 - 0 2. High investment costs .10 2 .20 1 .10 - 0 4 .40 3. Landscape/environmental impact .10 1 .10 1 .10 - 0 - 0 4. Threat to animals in the region (e.g. fauna) .10 1 .10 1 .10 - 0 - 0 5. R&D pipeline .05 2 .10 2 .10 2 .10 3 .15 1.0 External Opportunities 1. Wind .05 - 0 - 0 - 0 - 0 2. Implementing digital
  • 55. technology (specifically) .20 2 .40 1 .20 1 .20 1 .20 3. Improved turbine designs .10 3 .30 2 .20 2 .20 3 .30 4. Available land/location resources .05 - 0 - 0 - 0 - 0 5. Available technology to support improvements and efficiency (all other) .10 3 .30 2 .20 1 .1 - 0 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 19/83 External Threats 1. Policy/Regulations .10 1 .10 1 .10 1 .10 1 .10 2. Environmental Community Opposition .10 - 0 - 0 - 0 - 0
  • 56. 3. Connectivity issues to power grid .10 - 0 - 0 - 0 - 0 4. Development of smaller wind turbines .10 2 .20 1 .10 - 0 - 0 5. Animals (e.g. birds) .10 - 0 - 0 - 0 - 0 1.0 2.9 2.55 1.9 2.8 Key factors and their associated weighted scores from the IFE and EFE matrices were entered into the QSPM. An attractive score (AS) was assigned to each factor. A score of 1 to 4 was given, with 4 being the most important. (MBA Tutorials, n.d., para. 3). Dashes indicate no importance to the particular factor. The total attractive score (TAS) was calculated by multiplying the weight by the AS. The grand totals for each TAS is shown in the bottom row of the QSPM. The highest weighted scores was for market development, at a TAS of 2.9. Acquisition was second at 2.8, followed by market penetration and forward vertical integration, at 2.55 and 1.9 respectively. Therefore, market development was selected as the optimal strategy.
  • 57. Within the market development strategy, brand recognition (a strength), was one of the highest weighted scores, at .45. External opportunities, such as implementing digital technology (TAS .40), improved turbine design (TAS .30), and making use of technology to improve efficiency (TAS .30), each align with product development that can improve the company’s profitability. The acquisition strategy, which came in a close second to the market development 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 20/83 strategy, heavily relies on key strengths, particularly financial strengths as depicted by TAS between .20 and .60. When an industry, such as the wind turbine industry, is dominated by a few global companies, there is less opportunity for companies to gain competitive advantage through economy of scale based on its brand alone. (Hansen & Nohria, 2004, para. 2). As a multinational corporation, GE can take advantage of a market development strategy, by having its various business units collaborate in an effort to increase capabilities Companies will fare well when they are
  • 58. able to developless 0 Unread 0 Replies 0 Views Week 5 - LA1 - Stevens Donna Stevens posted Feb 8, 2018 9:44 PM Subscribe General Electric: Corporate-Level Strategy A focused differentiation generic business-level strategy was selected for General Electric’s (GE) wind turbine business unit. Businesses that use this type of strategy provide products and services to a narrow market. (Strategic Management, 2014 p. 159). The market is considered narrow because customers are specific to residential, commercial, and industrial. (Aghajani, Shayanfar, Shayeghi, 2015, p.308). Corporate-level strategies Market penetration, a concentration strategy, is selected for GE. With this strategy, GE will attempt to increase their market share with their existing wind turbine products. (Strategic Management, 2014 p. 241, para. 2). GE currently
  • 59. offers a full suite of wind turbines (GE, n.d. -a). Market development, described as marketing existing products in new markets, is a useful strategy for GE, because it will allow the company to save money on the research and development (R&D) of new products. (Strategic Management, 2014 p. 242, para. 1). Cost savings can go toward improving existing products, such as making select existing wind turbines more efficient. Forward vertical integration is depicted as a company becoming the retailer. (Strategic Management, 2014 p. 254, para. 2). Using this strategy, GE will be able to make a higher profit by selling their wind turbines themselves, versus having a retailer sell the company’s https://learn.umuc.edu/d2l/le/267247/discussions/threads/12503 869/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 21/83 products. Another business-level strategy is horizontal integration, specifically acquisitions, which depicts a company that purchases another company. (Strategic Management, 2014 p. 245, para. 1) GE can acquire
  • 60. smaller, yet relatively successful wind turbine businesses in order to corner the market share. By acquiring other businesses, GE brand recognition can continue to benefit to the company. References: less 0 Unread 0 Replies 0 Views LA 2 Doriane Pierre posted Feb 8, 2018 9:37 PM Subscribe Strategic Alternatives Key Internal Factor Market Sustainability Market Alternatives Internal Strengths Weight AS TAS AS TAS Low energy consumption .20 4 .08 3 .6 Ballast Water Treatment .10 3 .3 3 .3 Handling natural resources responsibly
  • 61. .12 3 .36 2 .24 Evaluation of company's stand point .18 4 .72 3 .54 Always improving .18 4 .72 3 .54 Internal Weaknesses High debt burden .010 1 .01 1 .010 https://learn.umuc.edu/d2l/le/267247/discussions/threads/12503 717/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 22/83 Unionized workforce may result in work Stoppages or slowdowns .10 2 .02 1 .10 Falling rates .012 2 .024 1 .012 Decline in revenue .050 2 .1 1 .050
  • 62. High competitive costs .048 1 .048 1 .048 1.00 2.38 Key External Factors Opportunities 1. Technical improvements in Ship and marine .21 4 .84 4 .84 2. Increase in demand .016 3 .048 3 .048 3. Economic globalization/scale .011 2 .22 3 .033 4. Bigger vessels with growth .18 4 .72 3 .54 5. Increase shipments .10 3 .3 3 .3 Threats
  • 63. 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 23/83 1. Supply/demand imbalance .010 1 .01 2 .02 2. Container trafficking .13 3 .39 4 .52 3. Intense competition .20 4 .8 3 .6 4. Environmental regulations .143 2 .286 1 .143 1.00 3.85 Total Sum of Attractiveness Score 6.23 5.48 The QSPM sum of attractiveness scores of 6.23 versus 5.48
  • 64. indicates that Hamburg Sud will sustain in the market. These weights: were from the IFE and EFE matrices. Please review my previous week's discussion to see calculations. Attractiveness Scores(AS): show the attractiveness importance of each factor to their alternative strategy on a scale of 1 to 4 with 1 being least attractive and 4 being most attractive. Total Attractiveness Scores: is weight X AS Total Sum of Attractiveness Score: is the addition of all attractiveness scores in each strategy column of the QSPM. Looking ahead, it is believed that superior sustainability performance could become one of the differentiating and value-adding factors in an industry where companies historically have struggled with presenting a unique value proposition beyond cost competitiveness. The sustainability strategy is important because: 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 24/83
  • 65. The industry transports more than one-third of the value of global trade Provides more than 4.2 million jobs And represents a huge social and environmental footprint (Peder & Pruzan, 2010, 3) H h ill h h i i i fless 0 Unread 0 Replies 0 Views LA 1 Doriane Pierre posted Feb 8, 2018 9:33 PM Subscribe As an internationally operating company, Hamburg chooses sustainability as its main strategy and an indispensable component of each of its activities. The corporate strategies used were: 1. Compliance 2. The use of reefer containers 3. The focus on environmental protection with a greener shipping industry 4. Fair competition 5. Privacy 6. Low energy consumption Reasons and explanation of each alternative strategy:
  • 66. The company's goal is to safeguard the quality and environmental compatibility of its services and to ensure their continuous improvement (Graumann, 2016, P18). Therefore, it is imperative that the company stays in compliance to sustain. Long-term corporate success can only be achieved if the relevant legislation complies at all times. The company respects all laws on the national and international level. It also ensures that corruption is combatted, and visioned a maritime industry free of corruption. (PP-26-27) The competitors are there to help drive new developments and improve performance. Therefore, Hamburg strives to fair competition in order to go forward. https://learn.umuc.edu/d2l/le/267247/discussions/threads/12503 621/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 25/83 Hamburg Sud safeguards employees, customers, partners, and supplier's
  • 67. information to attain the sustainability strategy. To do so, the company complies with all legal requirements, implemented an information security management system in Germany which includes guidelines for data privacy and security. Hamburg Sud is one of the top five providers of refrigerated containers shipments. The company not only transport dry but also refrigerated containers. Hamburg Sud goal is to reduce fuel and energy consumption while increasing efficiency. As a result, the environment dividends will be paid and the company will see an enhanced cost-effectiveness. The company energy consumption for electricity and heating for 2014>2015 was recorded at 7.2 %( Graumann, 2016, p40). Besides what has mentioned above, the company also protect endangered species and stabilizes trim with ballast water treatment system in all 41 ships in the reporting period 2015. less 0 Unread 0 Replies
  • 68. 0 Views Week 5 Learning Activity 2 - beltre Euriviades Beltre posted Feb 8, 2018 11:43 AM Subscribe General electric has some strategic focus in the long-term investment strategy as the alternative strategy to do the business. The possible alternative strategies are sustainable living, increasing product management, active portfolio management, focusing on innovation and enhancing the investment in emerging market and e- commerce. As it makes progress toward concluding the monetization of its utility wind technology, the company will be re-aligning its leadership to focus its future on delivering business solutions for a range of distributed energy customers. Increasing demand for small wind turbines owing to numerous environmental benefits coupled with the economic reimbursements is predicted to provide an impetus to the industry over the forecast period. The need to adopt renewable energy is on the rise owing to a pressing need to control the carbon footprint which demands convenient electricity generation option. Reference: https://learn.umuc.edu/d2l/le/267247/discussions/threads/12495 291/View javascript:void(0); javascript:void(0);
  • 69. 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 26/83 G.E. (2016, May 23). GE imagination at work. GE Expands Onshore Wind Portfolio with North American Version of New 3.4 MW Wind Turbines. Retrieved from http://www genewsroom com/press releases/ge expands onshore windless 0 Unread 0 Replies 0 Views Week 5 Learning Activity 1 - beltre Euriviades Beltre posted Feb 8, 2018 11:01 AM Subscribe G.E. Corporate-level strategies Culture and Values GE’s strategy really does focus on culture and values. The company wants to focus on the people, great people, and shape the company culture. His goal to strengthen GE’s global presence and create a more collaborative
  • 70. culture. They believe a company starts with culture. They want their people to improve every day. They want to move, power, and cure the world. It’s important that investors see they choices that they make so they create more value over time. Leadership The company has five-initiatives strategies: technical leadership, services, customer focused, globalization, and growth platforms. These five initiatives are important, and it has worked for their company and has proven that this is how the company has been growing over the years. It beings with a small platform, focusing the business model on growth initiatives, and focusing on their financials and putting that towards growing the company as well. This makes their lost investments as minimal as possible. Globalization GE is proposing to sell its windmill and turbines divisions to strengthen their global presence. The CEO’s goal was to become better than the rest. Being the number one competitor was important. Company Threats http://www.genewsroom.com/press-releases/ge-expands- onshore-wind-portfolio-north-american-version-new-34-mw-
  • 71. wind-turbines https://learn.umuc.edu/d2l/le/267247/discussions/threads/12494 846/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 27/83 Human Resource could be one important threat to the company. GE is a big company and with the size and the big amount of people, there could be a lot of HR problems. The company focuses on culture and globalization. So, when they make certain decisions, they could be offending someone which could cause unhappiness to investors. References: GE ( d ) GE R bl E Wi d T bi O i R i dless 0 Unread 0 Replies 0 Views
  • 72. Week 5 LA1 - Jared Ubben Jared Ubben posted Feb 6, 2018 8:21 PM Subscribe Company: GE Wind Turbines Generic business-level strategy: Differentiation The products in the wind turbine industry are all relativity the same. Because of this, each company must use a business model “that is at least somewhat unique” (Strategic Management, 2014, Leading Strategically, p. 138) to retain or acquire customers. GE must use a generic strategy that sets their products apart from the rest. Using the differentiation strategy and producing tidal wind turbines that can be used in oceans, GE is separating themselves apart from their competition. There is a small number of suppliers and buyers in the industry and by offering the tidal wind turbines it allows countries or cities that are located near large bodies of water to use their one-of-a-kind products and generate more power as opposed to the landlocked wind turbines. Requirement 2: 1. Market Development - “Market development involves taking existing products and trying to sell them within new markets” (Strategic Management, 2014, Selecting Corporate-Level Strategies, p. 242). Using this
  • 73. strategy, GE can enter smaller markets as it has reached a pinnacle of selling its large wind turbines to governmental agencies, states and cities. If GE wishes to continue to reach as https://learn.umuc.edu/d2l/le/267247/discussions/threads/12474 674/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 28/83 many customers as possible, it can move to selling a smaller version of its turbines to neighborhoods where it would generate enough power to be used by so many square miles of residents. This ties in to the differentiation strategy in that entering markets that GE’s competitors aren’t in will set GE apart creating differentiation and it will build GE’s brand name. 2. Product Development - “Product development involves creating new products to serve existing markets” (Strategic Management, 2014, Selecting Corporate- Level Strategies, p. 243). GE creates new turbines year after year and include a total of 9 turbines in its lineup for customers to choose from. GE should keep
  • 74. expanding its offering to include smaller turbines for smaller individual customer/corporations to buy. An example would be a smaller turbine that would power a cardboard manufacturing plant in order for the plant to save money on their energy use. 3. Horizontal Integration: Mergers and Acquisitions - “Rather than rely on their own efforts, some firms try to expand their presence in an industry by acquiring or merging with one of their rivals” (Strategic Management, 2014, Selecting Corporate-Level Strategies, p. 245). IF GE were to merge with a smaller competitor it would be able to acquire the majority of its customers and at the same eliminating the competition. Differentiation involves having something to offer that your competitors don’t. By eliminating smaller competitors, GE can reduce the intensity of rivalry (Strategic Management, 2014, Selecting Corporate-Level Strategies, p. 245) and focus more of its attention to differentiating from its larger competitors. 4. Strategic Alliances - “In a strategic alliance, firms work together cooperatively, but no new organization is formed. The firm and its local partner or partners share decision making authority, control of the operation, and any profits that the relationship creates” (Strategic Management, 2014, Competing in International
  • 75. Markets, p. 233). By creating a strategic alliance, GE can use the power of its reputation in multiple countries. The alliance will involve keeping GE’s mission and vision statements along with its values and utilizing the country’s resources and knowledge of the foreign market and terrain. “Joint ventures and strategic alliances are especially attractive when a firm believes that working closely with locals will provide it important knowledge about local conditions, facilitate 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 29/83 less 1 Unread 1 Replies 3 Views Last post yesterday at 12:35 PM by Sanh Tran Week 5 LA2 - Jared Ubben
  • 76. Jared Ubben posted Feb 6, 2018 8:22 PM Subscribe Requirement 1: Market Development Strategic Alliances Product Development Horizontal Integration Requirement 2: See attached QSPM graph for my computations. Results: Market Development - 5.95 Strategic Alliances - 5.32 Product Development - 5.265 Horizontal Integration - 5.145 Requirement 3: Based on the QSPM, the results for the four strategies are below: Market Development - 5.95 Strategic Alliances - 5.32 Product Development - 5.265
  • 77. javascript:void(0); https://learn.umuc.edu/d2l/le/267247/discussions/threads/12474 690/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 30/83 Horizontal Integration - 5.145 According to the QSPM, the optimal strategy for GE Wind Turbines to move forward with is Market Development. This strategy involves “taking existing products and trying to sell them within new markets” (Strategic Management, 2014, Selecting Corporate-Level Strategies, p. 242). Currently, large companies like Amazon and Microsoft along with governmental organizations are the main markets GE is selling their wind turbines in. Keeping up with the larger markets as well as moving into smaller markets can improve GE’s profits and strength in the industry. To interest smaller markets, smaller turbines would need to be manufactured to fit the needs of these new markets. That being said, there will need to be a crossover of product development and market development that will supply the new
  • 78. markets. It won’t be as cut-and-dry as simply selling GE’s current products in different markets. The products will need to fit the demand the new market creates. GE already has the technology to produce the large-scale turbines. Now, it would be a simple restructuring that the company would undergo to add a new division for smaller turbines and to properly market a smaller turbine to smaller markets. The smaller market that neighborhood/community gardens has produced would allow GE to start producing smaller versions of its current models to fit a smaller- scaled market. This would open new markets and create more value for the company. With GE already producing green energy products and the desire of more and more people/companies wanting to go green, this is a great opportunity for GE to extend its product line and service new markets. Entering new markets is optimal for GE’s success as the current market will become saturated with more companies as the clean energy sector grows. This will force companies like GE to lower prices as more companies in the industry will create competitive pricing. Being the first in the industry to provide small- scaled turbines will create differentiation for GE. Using its brand power, GE can
  • 79. enter a new market to provide new products to new customers that is critical for its long-term success. 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 31/83 Reference: Strategic Management. (2014). Leading strategically. Washington, D.C.: The Saylor Foundation less 2 Unread 2 Replies 6 Views Last post Wed at 12:29 PMby Patricia Quinones Corporate Strategies
  • 80. 1 2 3 4 Market penetration Market Development Strategy Related Diversification Retrenchment Opportunities Weight AS TAS AS TAS AS TAS AS TAS Green energy is increasingly more important to consumers 12% 3 0.36 4 0.48 3 0.36 3 0.36 Patents on technology 10% 1 0.1 1 0.1 1 0.1 2 0.2 Renewable Energy Subsidies 14% 3 0.42 3 0.42 2 0.28 3 0.42 Market
  • 81. placement 12% 3 0.36 4 0.48 2 0.24 3 0.36 Growth of the 10% 3 0.3 3 0.3 3 0.3 3 0.3 Learning Activity 2 - Josh Medley Joshua Medley posted Feb 8, 2018 11:51 AM Subscribe Week 5 Learning Activity 2 Acco rdin g to the QSP M Nort hern Pow er Syst ems woul d bene fit the most by adop ting the mar
  • 82. javascript:void(0); https://learn.umuc.edu/d2l/le/267247/discussions/threads/12495 365/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 32/83 economy Threats Foreign Markets changing Feed in Tariffs (FIT) 12% 2 0.24 3 0.36 2 0.24 2 0.24 Large Manufacturers 8% 2 0.16 2 0.16 2 0.16 1 0.08 Declining Government subsidies 8% 1 0.08 2 0.16 1 0.08 1 0.08 New technology development
  • 83. 5% 1 0.05 1 0.05 1 0.05 1 0.05 Decrease in cost of solar panels 9% 1 0.09 1 0.09 1 0.09 1 0.09 Totals 100% 2.16 2.6 1.9 2.18 ket deve lopm ent strat egy. The mar ket deve lopm ent strat egy had the high est scor e over all by almost a half a point. Retrenchment was the next best strategy due to their debt,
  • 84. but the positive outlook on the industry shows possible growth. Northern Power could develop a marketing plan to reach a wider segment of the American and European population to allow for brand name recognition. Many Americans do not know a lot about the wind power industry. Increase marketing could allow for increased awareness of the opportunities wind power offers. They currently do not spend a lot on marketing due to cost cutting procedures (Corporation, 2017, p. 21) Another way Northern Power could go about accomplish the market development strategy by creating sales teams in areas they have not currently reached yet (Strategic Management, 2014, Selecting Corporate- Level Strategies, p. 242). Norther Power currently has limited sales offices located in Massachusetts,Zurich, Switzerland, and Italy (Corporation, 2017, p. 8). There is opportunity in creating regional sales offices within the United states and the rest 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 33/83 of Europe. The regional offices could be minimally staffed with the reach back capability at the headquarters. Another untapped possibility
  • 85. would be to work with a community developer that build sub-divisions and have a wind farm powered sub-division. Together they could build green communities that have minimal reliance on standard power. The cost of the wind farm would be dispersed among all the homes of the sub-division. Referencesless 0 Unread 0 Replies 0 Views Learning Activity 1 - Josh Medley Joshua Medley posted Feb 8, 2018 11:49 AM Subscribe In week four the IE Matrix suggested that market penetration and product development would be the best course of action for Northern Power Systems. Market penetration would consist of advertising or marketing their wind turbines and service packages to reach a new segment of potential buyers (Strategic Management, 2014, Selecting Corporate-Level Strategies, p. 241). This would be one course of action for Northern Power to explore due to the fact that they have a reliable product and there are segments of the American population that they
  • 86. have not reached yet. Northern Power Systems could also benefit from a market development strategy. Northern Power could accomplish this by putting sales team in areas they have not currently reached yet (Strategic Management, 2014, Selecting Corporate-Level Strategies, p. 242). Another way to do this would be to work with a community developer that builds sub-divisions and have a wind farm power the sub-division. Northern Power could also explore related diversification. This is when a company moves into a new market that shares similar aspects (Strategic Management, 2014, Selecting Corporate-Level Strategies, p. 256). Norther Power could move into the solar panel market. This would allow their customers another renewable energy source when there is no wind to provide power. https://learn.umuc.edu/d2l/le/267247/discussions/threads/12495 346/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 34/83
  • 87. The last strategy Northern Power could explore is retrenchment. This is when a company decides to down size in order to save the organization (Strategic Management, 2014, Selecting Corporate-Level Strategies, p. 265). Northern Power has taken losses and could benefit from a reduction in costs until they become profitable. References less 0 Unread 0 Replies 0 Views Learning Activity 2 Ott Justin Ott posted Feb 8, 2018 11:02 PM Subscribe My activity is in the word document attached. QSPM matrix ott.docx (95.89 KB) less 0 Unread
  • 88. 0 Replies 0 Views LA1 Week 5 Ott Justin Ott posted Feb 8, 2018 11:00 PM Subscribe The company I will be using for this activity in Maersk Line, which is the world’s largest container shipping company (Why Maersk Line?, N.D.).The best generic strategic strategy for Maersk Line would be differentiation which is a strategy used to convince customers that paying more to use the company is worth the extra money due to extra benefits received for the money (Strategic Management, 2014). https://learn.umuc.edu/d2l/le/267247/discussions/threads/12506 108/View javascript:void(0); javascript:void(0); https://learn.umuc.edu/d2l/le/267247/discussions/posts/3944201 9/ViewAttachment?fileId=11549879 https://learn.umuc.edu/d2l/le/267247/discussions/threads/12506 058/View javascript:void(0); javascript:void(0);
  • 89. 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 35/83 The three business unit level strategies that I chose for Maersk Line to implement in order to achieve differentiation are: 1.Make available to the customer the ability to schedule door step to door step transport thru Maersk Line. 2. Include insurance guaranteeing the delivery day of the container 3. Electronic up to date tracking of shipping container available to customer 1.Make available to the customer the ability to schedule door step to door step transport thru Maersk Line : Currently no container shipping companies enable the customers the ability to schedule pick up and drop off of shipping containers on their website. Currently the shipper has to arrange the spot on the ship for the shipping container, and then call one company to arrange the pick up of the container from its current location to have it delivered to the port. They then have to
  • 90. schedule another company to pick up the container at the arrival port and deliver it to its final destination. If this could all be done in one place, it would save the customer time while giving them greater tracking ability of their shipping container. 2. Include Insurance guaranteeing the delivery day of the container: It is a common practice in the container shipping industry to offer delivery day insurance to customers provided by outside companies at an additional cost. If Maersk Line were to use their size to get a discount rate on the insurance cost from one of these outside companies, they could offer the insurance included in the cost of the shipment while passing the additional cost onto the consumer. The inclusion of insurance would differentiate Maersk Line from the competition. 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 36/83 3.Electronic up to date tracking of shipping container available
  • 91. to customer: Customers of the container shipping industry are starting to require the ability to track their containers more and more during transit. Maersk Line could implement a tracking system similar to USPS to offer the consumer the ability to track the container closely. It would notify the customer when the container was received at the port, when it is loaded on the ship and then once the ship has left port. It could also daily provide the customer of an approximate location of the ship during transit. Once the ship arrives at its destination port, the container would be scanned when it is removed from the ship and when it is ready for pick up. This would allow the consumer to be able to closely monitor the container while also being able to be implemented easily into systems that Maersk Line already uses. less
  • 92. 0 Unread 0 Replies 0 Views 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 37/83 Learning activity 2 Luis Vazquez posted Feb 8, 2018 10:22 PM Subscribe Strengths Weight AS (Attractiveness Scores) TAS (Total Attractiveness Scores) 1. Good relation with employees and customer 0.3 4 1.2
  • 93. 2. Strong team of management 0.2 3 0.6 3. Scientific leadership 0.3 3 0.9 Weakness 1. Little diversification 0.05 1 0.05 2. Saturated market 0.05 2 0.1 3. Disruptions in technology 0.1 2 0.2 Total 1 15 3.05 The strategy that will be chosen is distinctive advantages development. It is vital to develop distinctive and effective competencies so that an edge is gained over the competition. Requirements of market may alter in a regular manner because new capabilities can be decided by the competitors to be developed. It is required to recognize the distinctive competencies through analysis in a thorough manner. The firm should be prepared to satisfy the new necessities vital for development further. Competitive advantage can be led by distinctive competencies. Strategies https://learn.umuc.edu/d2l/le/267247/discussions/threads/12504 935/View javascript:void(0); javascript:void(0);
  • 94. 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 38/83 of development of business that is most efficient and effective can be determined by distinctive competencies. Sustainability of the company is brought by distinctive competencies. If certain services or products are not offered by an organization and intends to acquire sustainable advantage, then new problems can be solved instead of resolving the identical problems again and again. Learning occurs faster in comparison to other competitors when distinctive advantage is developed. New necessities can be adapted and learned in a fast manner in comparison to the competitors. The company can turn to be the authority in their field of business (Strategic Management, 2014, Business-Level Strategies). References Strategic Management (2014). Business-Level Strategies. Washington, D.C.: The less 0 Unread
  • 95. 0 Replies 1 Views Learning activity 1 Luis Vazquez posted Feb 8, 2018 10:21 PM Subscribe Methods or plans used by the companies to conduct in business operations various functions are represented by strategies of business- level. Strategies of business-level are used often by companies to provide the employees, managers, owners with guidelines to be followed when doing job in the business. The three business-unit level strategies that should be selected for AstraZeneca Company are mentioned below: Coordinate Unit Activities: A common strategy of business- level can be regarded as the coordination of all activities of the unit found in business. Activities of unit can be stopped by individual positions of job, department sections, and department. Coordination of such individuals or groups falls usually on a supervisor or a manager. It is the responsibility of the manager to bring employees and staffs on the same page and emphasize these people on attaining objectives or goals. Responsibility may be
  • 96. there on the supervisors or managers for resource allocation within many different activities (Strategic Management, 2014, Business-Level Strategies). https://learn.umuc.edu/d2l/le/267247/discussions/threads/12504 917/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 39/83 Distinctive Advantages Development: Distinctive competitive advantages or core competencies must be developed for a successful company creation. Singular abilities or activities used by a firm to manufacture better products in comparison to another firm are represented by competitive advantages and core competencies. Instances of this strategy of business- level can consist of obtaining economic resources at reduced costs in comparison to other firms, unique services or goods that other firms have not imitated, highly effective and efficient resources of production, cost- effective chain of supply for getting the goods quickly into the hands of the consumer
  • 97. ("What Are the Different Types of Strategies in Business?", 2018). Human Resources Utilization: The human resources available in overall economy and company should be utilized by companies. Some human labor form is required by all firms almost to attain objectives and goals of the business. A strategy of business-level is developed by companies to makes sure that sufficient number of employees are present in the firm to manufacture a specific services or goods output. The strategy of business is responsible to make sure the right human labor type for operations of the business. An analysis is included often to determine whether there is requirement of unskilled or skilled labor to complete functions of business (Strategic Management, 2014, Business-Level Strategies). References What Are the Different Types of Strategies in Business?. (2018). Bizfluent. Retrieved 9 February 2018, from https://bizfluent.com/list- 6603373-different- types strategies business htmlless 0 Unread 0 Replies
  • 98. 0 Views LA 1 - Mark Szymanek Mark Szymanek posted Feb 7, 2018 11:59 AM Subscribe GlaxoSmithKline (GSK) – UK based pharmaceutical company. Differentiation Strategy. Blue Ocean Strategy – Involves creating new markets instead of competing in existing markets (Strategic Management, Supporting Business- Level Strategy, https://learn.umuc.edu/d2l/le/267247/discussions/threads/12480 647/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 40/83 2014, p.187). A new market equals no competition. With no competition consumers only have one option for a product. A company is free to rake in profits and charge whatever price that consumers are willing to pay. GlaxoSmithKline has the large budget and expansive facilities to design drugs for
  • 99. new markets. Being the first to create a vaccine or medication for a previously uncontrollable disease creates a market with no rivals to compete with. In the pharmaceutical industry it would be wise to not get caught up in the publicity surrounding price gauging for life saving medication that has brought the ire of governments and citizens. But a new drug or vaccine created and priced reasonably will still bring in large profits. Footholds – This business level strategy is about claiming a small stake in a market that the company has not competed in (Strategic Management, Supporting Business-Level Strategy, 2014, p.186). Gaining a foothold, a company can slowly build up name recognition amongst customers who were originally unfamiliar with the brand. The foothold gives a point from which the company can continue to take market share away from competitors. GSK can move into fields that it did not previously compete in and go directly after its top rivals like Merck or Bayer. Bricolage – bricolage is using available inputs to create something new (Strategic Management, Supporting Business-Level Strategy, 2014, p.187). For GSK these inputs could come from the many underexplored drugs whose development was halted or from competitor’s drugs that are now available do to expiring patents. The pharmaceutical industry is about trial and error. Using
  • 100. bricolage is a great way to create something new out of something readily available. References Strategic Management. (2014). Supporting Business-Level Strategy. Washington, D C Thless 2 Unread 2 Replies 3 Views Last post yesterday at 11:27 AM by Sanh Tran LA 2 - Mark Szymanek Mark Szymanek posted Feb 7, 2018 12:00 PM Subscribe javascript:void(0); https://learn.umuc.edu/d2l/le/267247/discussions/threads/12480 657/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461
  • 101. 3/View 41/83 QUANTITATIVE STRATEGIC PLANNING MATRIX (QSPM) For GlaxoSmithKline Key Strategies Blue Ocean Strategy Foothold Bricolage Key Factors Weight AS TAS AS TAS AS TAS Strengths R & D .25 4 1 4 1 4 1 Cash Flow .30 4 1.2 4 1.2 4 1.2 Employees .05 4 0.2 3 0.15 2 0.1 Weaknesses 0 Market Share .20 3 0.6 1 0.2 4 0.8 Diversification .10 2 0.2 2 0.2 2 0.2 Name recognition .20 2 0.4 1 0.2 2 0.4 1.0 Opportunities
  • 102. Emerging Markets .15 4 0.6 2 0.3 2 0.3 Aging Population .05 3 0.15 4 0.2 2 0.1 Industry Collaboration .05 3 0.15 1 0.05 2 0.1 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 42/83 Technology .15 3 0.45 3 0.45 2 0.3 Industry Mergers .10 3 0.3 3 0.3 2 0.2 Threats Increased Competition .15 4 0.6 1 0.15 2 0.3
  • 103. Govt. Regulation .15 1 0.15 4 0.6 1 0.15 Economic issues .10 1 0.1 2 0.2 2 0.2 Social Change .05 1 0.05 2 0.1 2 0.1 Price Pressures .05 2 0.1 2 0.1 2 0.1 1.0 Total Sum of Attractiveness Score 6.25 5.4 5.55 The Blue Ocean strategy is critical to GlaxoSmithKline’s ability to stay ahead of the competition. The industry is fast paced. The difference in success can be which company gets government approval to begin marketing and selling its new drug first. Of GSK’s 27,889 billion pounds in sales in 2016, 4.5 billion of it was in new pharmaceutical and vaccine sales (GSK, 2017, p.01 & 245). As the older drugs lose patent protection it is important for GSK to develop new and better patented
  • 104. drugs. Instead of focusing on the same areas, GSK can explore new markets that are served by no known cures or vaccines. 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 43/83 Strimvelis is a stem cell gene therapy to cure ADA-SCID, an immune deficiency disorder, that became the world’s first approved gene therapy (Burke, 2016, p.11). Along with gene therapy, GSK is investing early in bioelectronics. Bioelectronics and gene therapy can revolutionize the way diseases are treated. Gene therapy has the potential to eliminate previously incurable genetic diseases. Bioelectronics has countless possibilities, one being the delivery of medicine to targeted points in the body. There is no competition from any pharmaceutical rivals. GSK can dominate an untapped market. In 2008 Advair had $6 billion in sales, the following year the drug lost its patent protection (Iskowitz, 2008, p.9). In 2016 increased generic competition reduced Advair sales to 1.829 billion pounds (GSK, 2017, p.60). There are many generic pharmaceutical companies that can replicate normal drugs. There are very few
  • 105. that can copy bioelectronics or gene therapy offerings even without patent protection. Blue Ocean strategy is the best option for GSK to distance itself from not only generic manufacturers, but also major competitors like Pfizer and Bayer. References Burke, M. (2016, Jun 1). Gene therapy approval first. Chemistry & Industry. 2016, Vol. 80 Issue 6, p11. http://eds.a.ebscohost.com.ezproxy.umuc.edu/eds/pdfviewer/pdf viewer? vid=0&sid=1d998e2a-4882-49c3-9d4f- ec3a7a040595%40sessionmgr4010 GSK. (2017, March 13). Annual Report 2016. p.01, 60 & 245. Retrieved from https://annualreport.gsk.com/assets/downloads/2_GSK. AR.strategic.repo rt.V5.pdf less 1 1 4 Last post yesterday at http://eds.a.ebscohost.com.ezproxy.umuc.edu/eds/pdfviewer/pdf viewer?vid=0&sid=1d998e2a-4882-49c3-9d4f-
  • 106. ec3a7a040595%40sessionmgr4010 https://annualreport.gsk.com/assets/downloads/2_GSK.AR.strate gic.report.V5.pdf 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 44/83 Unread Replies Views 10:53 AM by Sanh Tran Week 5 Learning Activity 2 Mercidieu Delva posted Feb 5, 2018 12:52 PM Subscribe QSPM for Northern Power system – Quantitative Strategic Planning Matrix STRATEGIC ALTERNATIVES 1 2 Buy New Land and Fully Renovate Newly- Build New Stores Owned Existing Competitors _____________________________________________________ _____________warehouse___ ________________ Key Factors Weight AS TAS AS TAS _______ Opportunities
  • 107. A strong hold on the penetrated markets because of saturated presence as well as the product diversity. 0.10 4 0.40 1 0.40 The dealing and performance criteria are standardized for all the stores and no deviations are accepted. 0.10 - - The company is placing special emphasis on private brands. 0.08 - - A number of new stores have javascript:void(0); https://learn.umuc.edu/d2l/le/267247/discussions/threads/12462 519/View javascript:void(0); javascript:void(0); 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461
  • 108. 3/View 45/83 originated especially within the last two years. 0.05 3 0.15 1 0.15 An excellent temptation to patronize their stores is given in the form of free cooking classes; which is also a part of their promotional strategy. 0.05 2 0.10 1 0.10 Potential market development in international markets. 0.10 2 0.20 1 0.20 Standardized procedures through- out all stores. 0.06 - - Start dealing in private brands 0.06 - - Opening of new stores 0.15 -
  • 109. - Threats The company is facing a number of competitors like Labinal Power system, Custome Cable Bi-Lo and Piggly Wiggly. 0.08 2 0.16 1 0.16 The product price being comparatively high allows the competitors to gain a 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 46/83 competitive advantage over price. 0.08 3 0.24 2 0.48 The global increase in labor, inventory and operational cost. 0.04 - - Labinal Power system is expanding globally,
  • 110. while custom cable is just concentrating in the same area. 0.03 4 0.12 2 0.24 The internet penetration of the company is not strong enough to cope with the changing trends. 0.02 - - Total 1.00 Strengths Currently ranked at #. 2 on Fortune’s World’s Most Admired Companies list 0.02 - - Ideal locations and number of the stores at different demographic locations having more than hundreds stores along with 4 Sabor stores, 3 Green Wise Stores, 11 Pix convenience stations, 7 cooking schools
  • 111. 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 47/83 and 11 event planning locations. 0.10 - - The company’s revenue is calculated up to $ 24.3 billion with a net income of almost $1.2 billion with the labor strength of 146,500 employees and are successfully organized through employee stock ownership program. 0.07 4 0.28 2 0.56 Was ranked at number 9, in 2017, on the Forbes list all over the world Largest Companies. 0.03 - - The company has a positive employee environment.
  • 112. 0.07 3 0.21 1 0.21 The company has its own manufacturing units to the product 0.12 - - Their huge numbers of locations are concentrated in different country, according to the population concentration. 0.08 2 0.16 1 0.16 The specialized salad networks of 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 48/83 restaurants in England by Norther Power system 0.06 2 0.12 1 0.12 The customer service provided by
  • 113. the company is very organized and responsive as well. 0.05 3 0.15 2 0.30 The company enjoys high returns on its investments annually. 0.04 4 0.16 4 0.64 Weaknesses The company has been involved in litigation for certain gender discrimination issues. 0.15 2 0.30 2 0.60 The market is limited to only worldwide: such a good number of stores should cover a number of country instead of its saturation in selected country. 0.05 4 0.20 1 0.20 The company is not keeping pace
  • 114. with growing information technology 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 49/83 needs. 0.05 1 0.05 2 0.10 Product quality is compromised which repels the consumers & establishes a situation of mistrust. 0.03 3 0.09 2 0.18 Price range is not flexible & not affordable to everyone. 0.04 3 0.12 2 0.24 Employees have to follow a specific dress code. 0.02 - - No variety of in store designs;
  • 115. the same format is followed for all stores. 0.02 - - Total 1.00 3.21 5.04 Summary: First, the qualitative strategic planning matrix (QSPM) is a tool used in determining a business strategy. It is broken up into three stages to make the most objective decision using as many facts as possible. The first step is to define key strategic factors (which are, external opportunities & threats and internal strengths and weaknesses) and annotate them. This information can be obtained from your SWOT analysis, if you’ve already done one. 2/9/2018 Week 5 Learning Activities - BMGT 495 6380 Strategic Management (2182) https://learn.umuc.edu/d2l/le/267247/discussions/topics/195461 3/View 50/83 Then, in the second step, once these factors have been determined and
  • 116. annotated, a similar form of analysis is performed to objectively weigh the pros and cons of each strategic factor in numerical form. By assigning a weight to each key external (opportunities & threats) and internal (strengths & weakness) factor. The third step is to examine the matrices and identify alternative strategies that the organization should consider implementing and record them in the top row. Grouping the strategies into mutually exclusive sets if possible. Fourth, determine the attractiveness scores (AS) which indicate the relative attractiveness of each strategy within a given set of alternatives. By asking yourself the question “Does this factor affect the choice of strategies being made?” the attractiveness score is determined individually. The range for the attractiveness score is: 1 = not attractive, 2 = somewhat attractive, 3 = reasonable attractive, and 4 = highly attractive. The meaning of attractive is that the extent that one strategy, when compared to the others, enables the company to either capitalize on the strength, improve on the weakness, exploit the opportunity, or avoid the threat. Step five is to compute the total attractiveness scores. This figure indicates the relative attractiveness of each alternative strategy, considering only the impact of