Reviewing the Methods that used by Walid to found and expands Cravia and demonstrate the success occurs while take decision to move to Dubai. Also, clarify the difference between scaling an existing enterprise and increasing the scope of a business.
Introduction
The Strategic management is help to accomplish the goals and intention for organizations recourses and future plans by following the important elements, which are planning, controlling, analyzing by study both internal and external strengths and weaknesses.
In other hand, According to Lynda&Michael (2014) I commented Walid has an excellent methods to implement the strategic management in Cravia. At general, there are some points I would mentions about the objectives and main
…show more content…
From my perspective, Walid followed the principles and function of Petter Druckers to build Cravia. I will explain and discussed each stage with evidence from Cravia case study.
Set Goals and Planning: Walid plans is to get a franchises and expanding in the Arabic Gulf, but the first steps to moved Cravia Business to Dubai. Walid focused to have a professional team and capabilities in Cravia and do the performance and working to implement the objectives and planning.
Organizing: Walid as the founder and CEO of Cravia divided and analyzed the activities and took decisions to select people for Cravia organizational chart. I am going to talk about the actions that Walid will establish which are expanding the Cravia restaurants in UAE. The decision and activities added to Cravia by the manager is:
• The organization structures and management team by
…show more content…
Walid follows an sharp plan is any one hire in Cravia start his work out as a crewmember that will help them to understand the business foundation. In addition, Walid communicate always with his team and there is a monthly newsletter shared between all the employees in Cravia. Cravia provides many services for employees to be comfortable and increase the productivity by offering them a happy and suitable home environment. Moreover, Cravia at the end of the year gives awardees for best employees and celebrate by them birthdays for both head offices and employees. Cravia staffs said “Cravia is give us all what we need to be successful and gained the experience in the work” ( Cravia, 2017
“Aims to improve the lives and protect the rights and conditions of working people. We have to be inventive, looking to do new things, in new ways, with passion, with energy and with creativity.”
Generally, strategic management is a set of managerial decisions and actions that determines the long-term performance of a company, involving both internal and external environmental scanning, strategy formulation, strategy implementation, and evaluation and control. According to the study of strategic management, the corporation should concentrate on monitoring and appraising outside opportunities and threats based on an organization’s strengths and weaknesses (Thomas Wheelen and David Hunger, 2012).
With the joining of new CEO, Kalevala stepped into a new stage. By motivating employees, investing in production machines and R&D, focusing on three market segments which targeted young women, working women and loyal users and improving customer services which included re-adjusting salesmen’ attitude towards retailers, automating administrative work, adapting to a changing environment, Marja Usvasalo managed to achieve best performances in the period from 4/1995 to 3/1996 with profit increased greatly by 39% compared with previous year though it had to be reaffirmed that from 1988 till 1996 period the corporate performances had been improving.
Crandall, W. R., Parnell, J. A., & Spillan, J. E., (2014). Crisi Management: Leading in the New Strategy Landscape, Second Edition, Thousand Oaks, CA: Sage Publications, Inc.
The Moroccan economy has known prosperity and knew developments as well in term of business infrastructures since early 2000’s. Under the wise leadership of the beloved king Mohamed sixth, many plans have been established to push forward the Moroccan business environment encouraging major companies as well as new born SME’s to invest in the kingdom either by totally reallocating their business or partially.
Witcher, B., and Chau, S. V., 2010. Strategic Management: Principles and Practice. Cengage Learning EMEA.
..., yield, and criticism/feedback. The critcals facts shown in the case are clarified through the case assessment. The principal component is the fundamental component recognized by the Royer. Also, process of progress as well as change begun when the Royer took the charge at Domtar. He proposed alot of strageries for the better execution of doing things at work environment. The information is additionally recognizing that the Human is the real asset rather than materials and market share. The following focus transforms around the throughout which decides the process of input into output. The yield comes in few years when the Domtar begins merger and securing and claimed numerous firms. The feeedback additionally guides the employees conduct towards change, their ability of work, their investment, the value added to the company by them and the output produced by them.
Qantas is Australia’s company that engages in international and domestic transportation service by using two complementary Airline brand Qantas for premium airline and Jetstar for low cost airline. Proudly, Qantas is Australia’s number one domestic airline and a leader in Asia pacific region. It is a ten largest airline company in the world and it connects Australia to 182 destinations in 44 countries across Asia, Europe, the Americas, Africa and Middle East (Qantas Fact file, 2010). To be as successful like Qantas as today, there is a huge efforts and tiredness contribution of every single Qantas employees especially its board of directors who set out mission, vision and objectives for the corporation to guide everybody within the company
The most important planning tool at Candlewood Suites is the “SWOT Analysis”, along with a constant updatable “Market Analysis”, which was a team effort between the general manager and the director of sales. In the hotel business it is at all times essential to know the strength of the product you are...
In MTP003, the focus of modules B is on, situation identification and analysis. The activity that relates to this, is conducting a situational analysis that will explore the political, economic, social, technological, legal and environmental factors that affect the activities of the Company. SWOT analysis should be undertaken by experts department by department to establish the underlying factors that influence implementation of business plan. The strengths and opportunities explored should be exploited optimally while the weaknesses or limitations and threats should be dealt with by adoption of appropriate intervention mechanisms (`Steiss, 2003, p. 85). The SWOT analysis will provide information that will enable the top management to align its resources and capabilities in attaining its set strategic
Undergoing the process of strategic planning can go a long way in helping to ensure the survival and growth of an organization it seeks to eliminate the weaknesses of an organization and to confirm its strengths. It also analyses the environment and other factors that might affect the smooth running of an org and tries to rectify them accordingly and also to give the organization competitive advantage.
Strategic management is the process of formulating and implementing strategies in organizations. Strategy formulation is the first strategy in strategic management, which is the process of creating strategy and that involves assessing existing strategies, develop new strategies and strategic plans. The second strategy in strategic management is called strategy implementation, which is the process of allocation resources and putting strategies into action.
This report choose cases basing on the following concept: 1. it is the pioneering in its industry or space. 2. The firm can extremely attract the media’s attention. 3. It must as an established entrepreneurial venture. For instance, how a new company faces and overcomes uncertainty in the attempt to build up its leadership role in the new market. The report c...
If asked what strategic planning is one could interpret it as simply a road map that can guide the organization in the right direction. It is very unlikely that an organization would know which direction to take without a sense of direction. Managers are faced every day with decisions that have a major impact on the direction the organization must take, therefore, strategic planning can play an important role in guiding managers in the right direction. In other words strategic planning is a tool that management can use to give them a sense of direction that will guide them in doing a better job and to ensure that all the members of the organization are working toward the same goals
What I benefit from this course strategy management class is knowing. The strategic management is consisting of the analysis, decisions, and actions an organization undertakes to create and sustain competitive advantages. strategic management analyses. concern with overall objectives, involves multiple stakeholders, incorporates short and long term perspectives, recognizes tradeoffs between effectiveness and efficiency. The strategic management analysis, formulation, and implementation the challenge managers face of both aligning resources to take advantage of existing product markets as well as proactively exploring new opportunities.