This document discusses key factors in choosing an optimal business location. It defines optimal location as one that balances quantitative and qualitative factors for maximum profitability and success. Quantitative methods discussed for location analysis include profit estimates, investment appraisal, and break-even analysis. Qualitative factors can also influence decisions. The benefits and challenges of multisite and international locations are outlined.
Advantages & Disadvantages of OutsourcingStaff Virtual
Outsource Philippines is a decision that many CEOs face. There are pros and cons of outsourcing business process work to the Philippines. Here are some advantages and disadvantages of outsourcing to the Philippines.
You’re probably reading this article because you want to know how to write a business case. Perhaps your organization is embarking on a major project to develop a new product. Or, perhaps you’re thinking of moving house so your family can enjoy a better life. In either case, you write a business case to ensure the investment is worthwhile.
As you evaluate your choices and decisions in outsourcing different components of your operations, you will need to consider the advantages of outsourcing. When done for the right reasons, outsourcing will actually help your company grow and save money. Here are the top seven advantages of outsourcing. To know more about us visit: http://www.glocalrpo.com/
Advantages & Disadvantages of OutsourcingStaff Virtual
Outsource Philippines is a decision that many CEOs face. There are pros and cons of outsourcing business process work to the Philippines. Here are some advantages and disadvantages of outsourcing to the Philippines.
You’re probably reading this article because you want to know how to write a business case. Perhaps your organization is embarking on a major project to develop a new product. Or, perhaps you’re thinking of moving house so your family can enjoy a better life. In either case, you write a business case to ensure the investment is worthwhile.
As you evaluate your choices and decisions in outsourcing different components of your operations, you will need to consider the advantages of outsourcing. When done for the right reasons, outsourcing will actually help your company grow and save money. Here are the top seven advantages of outsourcing. To know more about us visit: http://www.glocalrpo.com/
A strategy for building value across a business, including all areas not just operations
The approach considers what an investor would value in the business, focusing on security of future revenue, differentiated offering and effeciency
Reference : Schilling, Melissa A. 2017. Strategic Management Of Technological Innovation. New York : McGraw-Hill Education.
http://sif.uin-suska.ac.id/
http://uin-suska.ac.id/
Whether you're managing your own business or working for a Fortune 500 company, Business Strategy is integral to your company's success. More Info At : http://learnppt.com/powerpoint/58_Business-Case-Development-Toolkit-with-Excel-model.php
Would you fly on a plane with a pilot who had never flown before? Would you trust critical business systems and processes to teams managing them for the first time? Just as pilots spend months training on flight simulators before taking control of the real thing, simulating critical business systems and processes can greatly reduce risk before “go-live.” ScottMadden has leveraged decades of experience conducting business simulations for our clients to create a business simulation service offering to effectively train new teams and managers. With our know-how, tools, best practices, and thousands of example scenarios, we can reduce the risk, overall cost, and increase stakeholder satisfaction of your new business system or process rollout. To learn more, please visit www.scottmadden.com.
CPOs Leverage Investment for PerformanceBill Kohnen
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A strategy for building value across a business, including all areas not just operations
The approach considers what an investor would value in the business, focusing on security of future revenue, differentiated offering and effeciency
Reference : Schilling, Melissa A. 2017. Strategic Management Of Technological Innovation. New York : McGraw-Hill Education.
http://sif.uin-suska.ac.id/
http://uin-suska.ac.id/
Whether you're managing your own business or working for a Fortune 500 company, Business Strategy is integral to your company's success. More Info At : http://learnppt.com/powerpoint/58_Business-Case-Development-Toolkit-with-Excel-model.php
Would you fly on a plane with a pilot who had never flown before? Would you trust critical business systems and processes to teams managing them for the first time? Just as pilots spend months training on flight simulators before taking control of the real thing, simulating critical business systems and processes can greatly reduce risk before “go-live.” ScottMadden has leveraged decades of experience conducting business simulations for our clients to create a business simulation service offering to effectively train new teams and managers. With our know-how, tools, best practices, and thousands of example scenarios, we can reduce the risk, overall cost, and increase stakeholder satisfaction of your new business system or process rollout. To learn more, please visit www.scottmadden.com.
CPOs Leverage Investment for PerformanceBill Kohnen
CPO’s Leverage Organizational Investment to Optimize Performance. Top performing Purchasing organizations carefully time and monitor investments for: people, resources, travel and training to enable better performance now and in the future.
Follow the Leads: B2B Nurturing Strategies That Work with SiriusDecisionsCision
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Learn to power profits by creating a systematic, repeatable and measurable lead nurturing process with Laura Cross of SiriusDecisions. Watch her Vocus webinar replay here: http://bit.ly/1l3mElf and learn how to:
-Boost conversion rates with four proven lead nurturing programs.
-Align demand creation and lead nurturing for greater impact.
-Drive revenues by trading one-and-done tactics for a multi-touch program.
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Creating Agile Organizations by Combining Design, Architecture and Agile Thin...Craig Martin
This is a talk I gave to the IASA follow-the-sun community. It deals with the combination of the design thinking, architecture thinking and agile thinking disciplines into a combined discipline needed to create the a responsive organisation.
3.15 oprational strategies - lean production - moodle
3.14 oprational strategies - location - moodle
1. Do Now:
Innovation Re-cap
1. What is meant by the term
innovation?
5 minutes
2. Why are patents often associated
with investment in R&D?
3. Explain one benefit of investment in
R&D.
4. If R&D is high risk then why do firms
undertake it?
End
3. Learning Objectives
By the end of the lesson you should be able to:
1. Understand the importance of an optimal location to the
success of a business.
2. Apply quantitative and qualitative decisions-making techniques
when making location decisions.
3. Analyse and evaluate the advantages and disadvantages of
multisite locations.
4. Analyse and evaluate important issues relating to international
location.
4. What is meant by Optimal Location?
Optimal location – a business location that
gives the best combination of quantitative a
qualitative factors.
Choosing the right location has significant
effects on functional areas, profitability and
chances of success.
Three key characteristics:
Strategic in nature
Difficult to reverse
Managed by senior leaders/ members of staff
5. What is the impact of location on the
following?
Low
High variable costs unemployment
Close to High fixed costs Rural area
competitors
Minimum Wage
6. Quantitative or Qualitative methods
of deciding upon location
What is meant by Quantitative and
Qualitative Factors?
Quantitative Factors – These are
measureable on financial terms and
will have a direct impact on either the
costs of a site, revenue from it or
profitability.
Qualitative Factors – Non-
measureable factors that may
influence business decisions.
7. Westfield Shopping Centre
Choose and one
qualitative and
one quantitative
reason why
Westfield located
in West London.
Justify your
answer.
8. Sellafield Nuclear Power Station
Choose and one
qualitative and
one quantitative
reason why
Sellafield located
in Cumbria.
Justify your
answer.
9. Primark Production
Choose and one
qualitative and
one quantitative
reason why
Primark had
chosen to
produce in other
Primark – countries such as
ethical or China and India.
unethical
practice?
Justify your
answer.
10. What quantitative techniques can also be
used assist in the location decision ?
Profit Estimates Investment Break-even Analysis
Firm may compare Appraisal Calculating the break-
even point will tell a firm
estimated revenue and Location decisions will how much it needs to
costs for each location. involve substantial produce and sell in order
capital investment. to avoid making a loss.
Therefore Payback, ARR
Complete the Profit and NPV can be used.
Estimates task in your Use the break-even point
formula to decide if Site C
textbook (P105) Use investment or Site D is most viable
appraisal techniques to (P106).
Q1 and Q2 decide if Site X or Site Y
is most viable (P105). Q1, Q2 and Q3.
11. Multisite Locations
This is when a business
operates from more than one
location.
List as many multisite
businesses that you can think
of and note what sector they
operate in…
2 minutes
12. What are the advantages and
disadvantages of multisite locations?
Advantages Disadvantages
Convenient for customers. Co-ordination problems.
Delegation of tasks from If branches or stores are
too close to each other
HO.
could be risk of
competition.
Cost advantages of set-up
in other countries. Lack of control from HO.
13. International Location Decisions
One of the main features of
globalisation is the growing
trend for businesses to
relocate completely to
another country or set up new
operating bases abroad.
Write down 3 reasons why a
business may decide to do
this….
14. International Location Decisions
Access to
growing markets
Benefits from greater Minimise impact
economies of scale of exchange rates
Off-shoring Government
incentives
Avoid trade barriers
15. International Location Decisions
Occupation Salary in India % of UK salary
Call centre operator 90p to £1.25 per hour 13-20%
Top law graduate £4,700 per year 11-14%
Farm worker £500 per year 5%
16. What are the potential problems of
international location?
1. Language and cultural differences:
E.g. - Working week, public holidays etc
2. Economic and political stability:
Firms will choose countries with history of stability.
3. Impact on public image:
Unethical practices such as child labour.
4. Diseconomies of scale:
Loss of co-ordination, control, communication.
17. Re-cap Learning Objectives
You should now be able to:
1. Understand the importance of an optimal location to the
success of a business.
2. Apply quantitative and qualitative decisions-making techniques
when making location decisions.
3. Analyse and evaluate the advantages and disadvantages of
multisite locations.
4. Analyse and evaluate important issues relating to international
location.
Editor's Notes
Use lolly sticks to choose students.
http://www.metro.co.uk/news/434025-primark-workers-earn-7p-an-hourKerboodle Case Study – Making location decisions (Time Permitting)
Kerboodle – Innovation Case Study: How 3M do it!AQA Question Sheet
Offshoring – transfer aspects of operations from high-cost countries to low-cost countries.India, China, Brazil, Poland, South Africa, Brazil (India produces over 2 million English speaking graduates per year).Trade Tariffs (Taxes)/ Quotas
Table – Comparative pay rates between India and the UK.
Kerboodle – Case Study: The Toyota Way
Kerboodle – Test Yourself: Operational Strategies: Location