Essay on Strategic Management and Strategic Competitiveness

Words: 1403
Pages: 6
Open Document
RUNNING HEAD: STRATEGIC MANAGEMENT AND STRATEGIC COMPETITIVENESS 1

Strategic Management and Strategic Competitiveness

XXXXXXXX

Strayer University

BUS 499 Business Administration Capstone

XXXXXXXX

April 18, 2013
STRATEGIC MANAGEMENT AND STRATEGIC COMPETITIVENESS 2

With offices in more than 30 countries, Red Hat, founded in 1993, is the world's leading provider of open source solutions, using a community-powered approach to provide reliable and high-performing technologies ("Red hat company," 2012). The five technologies are cloud, operating system, storage, middleware and virtualization. Globalization and technology have positively impacted Red Hat. …show more content…
Some of the major suppliers of Red Hat are Adobe, Citrix, IBM and Apple. Building lasting relationships with suppliers is just as important as those with customers. If Red Hat cannot acquire supplies timely and at a good rate, they cannot meet deadlines and produce a product customers can afford. Media, such as The News & Observer, a Raleigh NC newspaper or another news outlet such as WRAL TV or WRAL radio are important secondary stakeholders for Red Hat. They will monitor and report to the public information about Red Hat. The company will strive to make sure the information given to the public is that of a positive nature. The communities STRATEGIC MANAGEMENT AND STRATEGIC COMPETITIVENESS 5 where we are located are also secondary stakeholders. Red Hat strives to hire locally to develop that area. Customer satisfaction as well as employee satisfaction can influence success and profits for the future. Turnover of employees cost a tremendous amount of money and will eat into the bottom line. Customer satisfaction is just as important. If you cannot provide a reasonable priced, well produced product, you will lose customers. Supplies will also determine or influence Red Hat’s bottom line. If Red Hat does not have a good, long term relationship with suppliers and cannot meet demands, they will lose customers. If these things happen, stockholders are going to become weary and may abandon their shares which
Show More

Related Documents: Essay on Strategic Management and Strategic Competitiveness

Strategic Management And Strategic Competitiveness

Assignment 1: Strategic Management and Strategic Competitiveness Brandy Landrum Dr. Ana Machuca Business 499: Business Administration Capstone April 18, 2014 3M is a innovative power in the business world. This paper will access how globalization and technology have impacted how the organization has changed and grown. This organization can utilize one of the business models to earn above-average returns, which this paper will explore both industrial…

Words 1748 - Pages 7

Strategic Management Essay

Strategic competitiveness in Virgin Blue Since its initial two aircrafts, Virgin Blue enlarged to all main cities and popular holiday attractions, and become one of Australian greatest domestic airlines. Through enlarging offerings and continuous developments of the low-cost services, the company has run strongly. The main purpose of this report is to apply strategic management theory to the case study of Virgin Blue, to make sure whether Virgin Blue has gained strategic competitiveness in strategic…

Words 984 - Pages 4

Evaluation Of Financial Analysis

evaluating the performance of a company focuses on three interrelated aspects of a firm’s performance: 1. its strategic direction 2. its financial statement performance 3 its stock market performance An analysis of a company’s performance requires a thorough evaluation of these three aspects of a company’s performance. Essentially, the past and present outcomes of the company’s strategic decisions (for example, concerning its market positioning, product range, diversification strategies, etc.) should…

Words 2421 - Pages 10

Essay on orgaisnational behaviour

and distinctive organizational capabilities. (3) Explain what organizational strengths and weaknesses are. (4) Define the value chain and describe the primary and support activities on the value chain. (5) Explain the strategic options for correcting cost competitiveness on the value chain system. (6) Discuss the steps in conducting a competitive strength assessment (7) Explain how to use the internal audit process (8) Discuss the features of an internal environmental analysis process (9)…

Words 2112 - Pages 9

Essay IS Strategy

transforming their operations supported with Information Systems (IS) and investing in Information Technology (IT) projects, to enhance their earnings and position with respect to others in a global environment. The technology investment requires a strategic plan to find the value of the own transactions; however, the perspectives are diverse and depend it on a number of human and technological factors. According to the empirical study cases, the relationship between the organizations and this issue…

Words 2523 - Pages 11

Fedex Case Study on Creating Value Essay example

BPSM (FedEx-UPS) Creating Value at FedEx and UPS From the company's founding close to 30 years ago, FedEx's strategic competitiveness has been based on an obsession with, and careful nurturing of, delivery speed and reliability as its core competencies. These competencies have been critical to the pursuit of the opportunities that were associated with Frederick W. Smith's early vision of today's fast-cycle global economy. Believing that value could be added to business firms' operations if…

Words 1274 - Pages 6

Strategic Management and Cengage Learning Essay

Chapter 1 Strategic Management and Strategic Competitiveness PART 1 STRATEGIC MANAGEMENT INPUTS © 2015 Cengage Learning. All rights reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. Presentation design by Charlie Cook Learning Objectives Studying this chapter should provide you with the strategic management knowledge needed…

Words 2510 - Pages 11

Strategic Planning In Strategic Management

According to (Atow-Zahir, 2012) strategic planning lays down the expectations of stakeholders such as government, customers, shareholders and employees and also examines the impact the environmental factors has on its expansion and growth strategies in a highly competitive environment. It sets the basis for performance measurement and the methodologies to be used when change is necessary in an effort to achieve the organization’s objectives and goals. This creates an organizational culture that encourages…

Words 1178 - Pages 5

S3416858 Essay

IMPLEMENTING CORPORATE STRATEGY IN UNITEL ASSESSMENT NUMBER: 1 ASSESSMENT TITLE: IMPLEMENTING CORPORATE STRATEGY IN UNITEL COURSE CODE: BUSM3119 COURSE NAME: HUMAN RESOURCE MANAGEMENT STUDENT NAME: SHUN YIN GE (SUSIE) STUDENT NUMBER: s3416858 ASSESSMENT DUE DATE: FRIDAY(24 APRIL 15)7:00 PM AEST WORD COUNNT:2500 Table of contents Executive Summary............................................................................................................…

Words 2630 - Pages 11

02 Operations Strategy Essay

Deliver Product/service design Operations planning & control Operations Strategy – Slide 1 Planning and controlling ongoing operations Managing the supply base Creating the lean supply chain Supplier relations & selection Key Topics  Strategic Importance of Operations  Operations Performance Objectives  Formulating Operations Strategies  …Global Operations Strategies Operations Strategy – Slide 2 Operations Strategy “Operations strategy is the pattern of decisions and actions…

Words 1566 - Pages 7