Wednesday, May 6, 2020

Strategy Management - 983 Words

CRH Plc.: Comprehensive strategic analysis of CRH Plc and recommended strategy 1.1 Introduction This assignment 1.2 Choose the Model for CRH Strategy literature offers many techniques and models suited for systematic strategic analysis. The SWOT analysis, the PESTEL analysis, the Five Forces analysis framework are the prime examples of techniques that can be adopted for strategic analysis. This assignment will use PESTEL and Five forces model to analysis the environment of CRH plc. PESTEL analysis is to identify and analyze the strategy and business environment, it is stand for Political, Economic, Social, Technological, Legal, and Environmental factors. This model is to assessing the current environment and potential changes. If†¦show more content†¦The latter includes (4) bargaining power of suppliers; and (5) bargaining power of buyers. ‘The strength of each of these competitive forces is determined by a number of key structural variables’ (Grant, 1998 in Mazucatto, 2002). The importance of this framework is emphasised by Porter who argues that ‘Understanding the forces that shape industry competition is the starting point for developing strategy. Every company should already know what the average profitability of its industry is and how that has been changing over time† (Porter, 2012, p.235). In the context of the building materials industry, the application of Five Force analysis indicates that the industry has growth rate s that are mostly lower than the GDP growth across regional economies. It is cyclical in nature and fragmented in structure with a large number of small and mid-sized firms that create micro-markets and heterogeneous customer needs in different geographies. This becomes a big deterrent for any member firm that intends to exploit and enjoy economies of scale beyond a limit. What’s more, commoditization and lack of differentiation erode any scope for healthy margins. High weight to value ratio of ‘heavyside’ building products renders global sourcing ineffective. Entry barriers are virtually non-existent owing to the standardised, low technology nature of products that are devoid of patents and produced with non-proprietary technologies, and this particular industry attribute stripsShow MoreRelatedStrategic Marketing Management : Analysis Strategy, Implementation, And Control Of Marketing Activities1128 Words   |  5 Pages-Define Strategic Marketing Management an d identify some current issues in strategic marketing management that might be faced by an organisation. â€Å"Strategic Marketing Management: The analysis strategy, implementation, and control of marketing activities in order to achieve organisation s objectives,† (Jack in the box, 2014). Through strategic planning, the company can break down their SMM into three main questions. What is the business doing now, what is happening in the environment, and whatRead MoreStrategy Management18281 Words   |  74 PagesConfirming Pages Strategic Management CONCEPTS CASES FRANK T. ROTHAERMEL Georgia Institute of Technology rot12737_fm_i-xlvi.indd iii 17/11/11 7:37 PM Confirming Pages STRATEGIC MANAGEMENT: CONCEPTS AND CASES Published by McGraw-Hill/Irwin, a business unit of The McGraw-Hill Companies, Inc., 1221 Avenue of the Americas, New York, NY, 10020. Copyright  © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Printed in the United States of America. No part of this publicationRead MoreExplain Strategy Management Process1522 Words   |  7 PagesTHE STRATEGIC MANAGEMENT PROCESS Ford Motor Company, facing huge losses and hemorrhaging market share to Toyota and Nissan, knew it needed a new strategic plan. Competition was fierce, Ford’s costs were higher than competitors’, and Ford’s unused plant capacity was draining profits. Ford’s managers devised â€Å"The Way Forward.† This new strategic plan entailed closing a dozen plants and terminating 20,000 employees. As at Ford, a strategic plan is the company’s plan for how it will match its internalRead MoreInformation Management And Technology Strategy1782 Words   |  8 Pages1. Introduction This document is an evaluation report prepared for Information Management and Technology Strategy of VicRoads for the duration 2012 to 2014. Information Management and Technology (IMT) is considered to be an important business enabler for delivering VicRoads Strategic directions from 2012 to 2014. The principles briefed in the IMT report deliver guidelines for the usage, management and implementation of IMT resources, assets and services across VicRoads (VicRoads, 2013). ThisRead MoreManagement and Academic Strategies947 Words   |  4 PagesEmmanuel Manchild Dugger CS113 Academic Strategies for the Business Professional Writing Assignment May 6, 2013 Discuss how this course has affected you in your development as a student and explain how it has prepared you for academic success. Academic Strategies has prepared me for the professional atmosphere to enter into my career. In the beginning of the course I had an assignment that requires me to open up to complete strangersRead MoreStrategy Analysis : Strategy Management2104 Words   |  9 Pagesmomentum on strategy and a new approach to strategy sector has been label as a â€Å"strategy as practiceâ€Å" in the recent years as well as past few years. The central theme is strategies as an activities and maximum interactions of people in organization (Johnson et al 2007). In general view, â€Å"strategy-as-practice† as organizational staff’s including Top Management Team (TMT) and middle managers do and enact, involves in various stages such as formulation, implementation and executing strategies (JohnsonRead MoreStrategic Management Theories : Designed Strategy And Emergent Strategy1480 Words   |  6 Pagesin-depth at two strategic management theories: intended strategy and emergent strategy. The suitability of the emergent and intended approaches to strategic management and measure the appropriateness of each theory using various academic models in order to consider which approach is suitable for my chosen organization Tesco plc. The definition of strategy has been given by many theorists. The most approve one for personal is stated by Johnson, Scholes and Whittington: â€Å"Strategy is the direction and scopeRead MoreStrategic Management Theories : Designed Strategy And Emergent Strategy2320 Words   |  10 PagesStrategy analysis This essay is aim looking in-depth at two strategic management theories: intended strategy and emergent strategy. The suitability of the emergent and intended approaches to strategic management and measure the appropriateness of each theory using various academic models in order to consider which approach is suitable for my chosen organization Tesco plc. The definition of strategy has been given by many theorists. The most approve one for personal is stated by Johnson, ScholesRead MoreStrategic Management Theories : Designed Strategy And Emergent Strategy2026 Words   |  9 Pagesin-depth at two strategic management theories: intended strategy and emergent strategy. The suitability of the emergent and intended approaches to strategic management and measure the appropriateness of each theory using various academic models in order to consider which approach is suitable for my chosen organization Tesco plc. The definition of strategy has been given by many theorists. The most approve one for personal is stated by Johnson, Scholes and Whittington: â€Å"Strategy is the direction and scopeRead MoreHuman Resource Management And Organizational Strategy752 Words   |  4 PagesStrategic human resource management could explain the relationship between human resource management and organizational strategy. The idea of strategic human resource (management) is a relatively new concept. It first introduced in early 1980’ in a research. The research involved â€Å"252 senior personnel executives who represents 168 companies† and questions related to â€Å"which human resources activities should be used to developing and implementing [organizational] strategies† are being asked. The result

None Provided2 Analysis Essay Example For Students

None Provided2 Analysis Essay A Analysis of Four Characters of ShakespereWilliam Shakespere had a unique gift for finding what his audience liked then sticking with it. He wrote to entertain and knew what people wanted. In his work you can find repetion in the actions, stories, and characters that he created. Four main characters in Othello, King Lear, Antony and Cleopatra, and MacBeth are all distinctly different and also so much alike. You will be able to see these contrasts threw a brief discription of each character. In Shakespeares tragedy/history/Roman play Antony and Cleopatra, we are told the story of two passionate and power-hungry lovers. In the first two Acts of the play we are introduced to some of the problems and dilemmas facing the couple (such as the fact that they are entwined in an adulterous relationship, and that both of them are forced to show their devotion to Caesar). Along with being introduced to Antony and Cleopatras strange love affair, we are introduced to some interesting secondary characters. One of these characters is Enobarbus. Enobarbus is a high-ranking soldier in Antonys army who it seems is very close to his commander. We know this by the way Enobarbus is permitted to speak freely (at least in private) with Antony, and often is used as a person to whom Antony confides in. We see Antony confiding in Enobarbus in ActI, Scene ii, as Antony explains how Cleopatra is cunning past mans thought (I.ii.146). In reply to this Enobarbus speaks very freely of his view of Cleop atra, even if what he says is very positive: her passions are made of nothing but the finest part of pure love. We cannot call her winds and waters sighs and tears; they are greater storms and tempests than almanacs can report. This cannot be cunning in her; if it be she makes a shower of rain as well as Jove. (I, ii, 147-152) After Antony reveals that he has just heard news of his wifes death, we are once again offered an example of Enobarbus freedom to speak his mind, in that he tells Antony to give the gods a thankful sacrifice (I.ii.162), essentially saying that Fulvias death is a good thing. Obviously, someone would never say something like this unless they were in very close company. While acting as a friend and promoter of Antony, Enobarbus lets the audience in on some of the myth and legend surrounding Cleopatra. Probably his biggest role in the play is to exaggerate Anthony and Cleopatras relationship. Which he does so well in the following statements: When she first met Ma rk Antony, she pursed up his heart, upon the river of Cydnus. (II.ii.188-189) The barge she sat in, like a burnished throne, Burned on the water: the poop was beaten gold; Purple the sails, and so perfumed that The winds were lovesick with them; the oars were silver, (II.ii.193-197) And, for his ordinary, pays his heart For what his eyes eat only. (II.ii.227-228) Age cannot wither her, nor custom stale Her infinite variety. (II.ii.237-238) In these passages, Enobarbus turns Antonys and Cleopatras meeting into a fairy tale and leads the audience into believing the two are inseparable. His speeches in Act II are absolutely vital to the play in that this is what Shakespeare wants the audience to view Antony and Cleopatra. Also, in these passages, Cleopatra is described as irresistible and beautiful beyond belief – another view that is necessary for us to believe in order to buy the fact that a man with so much to lose would be willing to risk it all in order to win her love. Qui te possibly, these passages may hint that Enobarbus is himself in love with Cleopatra. After all, it would be hard to come up with such flowery language if a person were not inspired. Enobarbus may be lamenting his own passions vicariously through the eyes of Antony. This would be convenient in questioning Enobarbus loyalty, which becomes very important later on in the play (considering he kills himself over grief from fearing he betrayed his leader). The loyalty of Enobarbus is indeed questionable. Even though we never hear him utter a single disparaging remark against Antony, he does admit to Menas that he will praise any man that will praise me (II.iii.88), suggesting that his honor and loyalty may just be simple brown-nosing. Shakespeare probably fashioned Enobarbus as a means of relaying information to the audience that would otherwise be difficult or awkward to bring forth from other characters (such as Cleopatras beauty and the story of her betrayal of Caesar), but he also us es him as way to inject some levity and humor in the play, showing the characters eagerness to have a good time. Evidence of this comes in Enobarbus affinity for drunkenness. In both Act I and Act II Enobarbus purports the joys of drink: Bring in the banquet quickly: wine enough Cleopatras health to drink. (I.ii.13-24) Mine, and most of our fortunes, tonight, shall be drunk to bed. (I.ii.47-48) He even caps off Act II with a song for Bacchus and a request for drunken celebration. In short, Enobarbus is used as any good secondary character should be; he relays information between characters, exposes other characters and their traits, gives background information, and lets the audience in on his surroundings and the general moods and beliefs of the times he lived in. He is not just used as a database however, through his speeches and his actions we find a fully developed person, someone with thoughts, motives, and feelings all his own a character who cant be summed up in just a few sentences. In the play Othello, the character of Othello has certain traits which make him seem naive and unsophisticated compared to many other people. This is why Iago, to get his just rewards uses him as a scapegoat. Iago told Roderigo, O,sir, content you. I follow him Othello to serve my turn upon him (I, i lines 38-9). Iago is saying, he only follows Othello to a point, and upon reaching it he will not follow him any longer. Iago has opened my eyes to see the real meaning of deceit. No matter what, Iago will try to take advantage of Othello any time and he will be easily lead to believe the lies of Iago. The Moor, as many Venetians call him, is of strong character. He is very proud and in control of every move throughout the play. The control is not only of power but ofthe sense of his being who he is, a great warrior. In Act I, Othello has a scuffle withBrabantio, who has come to kill him, but before anything could happen Othello said, Hold your hands, both of you of my inclining and the rest. Were it my cue to fight, I should have known it without a prompter (I, ii, lines 80-3). The power shown here is quite astounding. The nature of Othellos character is of a dark man. A dark man, not only because he is black, but also because his whole person is very mysterious. He is mysterious inthat he believes there is magic brewing everywhere. With this dark side he is alsovery outgoing, and not very bright. He isnt observant and the schemes of Iago workwell on him. Though he doesnt reflect too much on his past, except occasionalventures of wars fought, he does let his emotions run his life. For all the dangers and encounters he has been involved in, this man is still naive of the corruptness of other individuals. Othello has a trusting nature in which he gives it all. He put all his trust in Iago during times of war and during Othellos marriage to Desdemona. This wasnt very bright of Othello, even if he wasnt trusting or more corrupt he still wouldnt realize Iago was lying. Everyone considered Iago as honest, and would be out of character for Othello to believe any different. For example, Othello had told th e Duke, So please your grace, my ancient; A man he is of honesty and trust. To his conveyance I assign my wife, With what else needful your good grace shall think, To be sent after me (I, iii, lines 284-8). Julius Caesar Essay SummaryBut he gains no satisfying peace because hes consciencestill obliges him to recognize the negative quality of eviland the barren results of wicked action. The individual whoonce prized mutable goods in the form of respect andadmiration from those about him, now discovers that even suchevanescent satisfactions are denied him:And that which should accompany old age,As honor, love, obedience, troops of friends,I must not look to have; but, in their stead,Curses, not loud but deep, mouth-honour, breath,Which the poor heart would fain deny, and dare not. But the man is conscious of a profound abstraction ofsomething far more precious that temporal goods. His beinghas shrunk to such little measure that he has lost his formersensitiveness to good and evil; he has supped so full withhorrors and the disposition of evil is so fixed in him thatnothing can start him. His conscience is numbed so that heescapes the domination of fears, and such a consummation mayindeed be called a sort of peace. But it is not entirely whatexpected or desires. Back of his tragic volitions is theineradicable urge toward that supreme contentment whichaccompanies and rewards fully actuated being; the peace whichhe attains is psychologically a callousness to pain andspiritually a partial insensibility to the evidences ofdiminished being. His peace is the doubtful calm of utterThis spectacle of spiritual deterioration carried to thepoint of imminent dissolution arouses in us, however, acurious feeling of exaltation. For even after the externaland internal forces of evil have done their worst, Macbethremains essentially human and his conscience continues towitness the diminution of his being. That is to say, there isstill left necessarily some natural good in him; sin cannotcompletely deprive him of his rational nature, which is theroot of his inescapable inclination to virtue. We do not needHecate to tell us that he is but a wayward son, spiteful andwrathful, who, as other do, loves for his own ends. This isapparent throughout the drama; he never sins because, likethe Weird Sisters, he loves evil for its own sake; andwhatever he does is inevitably in pursuance of some apparentgood, even though that apparent good is only temporal ofnothing more that escape from a present evil. At the end, inspite of shattered nerves and extreme distraction of mind,the individual passes out still adhering admirably to hiscode of personal courage, and the mans conscience stillclearly admonishes that he has done evil. Moreover, he never quite loses completely the liberty offree choice, which is the supreme bonum naturae of mankind. But since a wholly free act is one in accordance with reason,in proportion as his reason is more and more blinded byinordinate apprehension of the imagination and passions ofthe sensitive appetite, his volitions become less and lessfree. And this accounts for our feeling, toward the end ofthe drama, that his actions are almost entirely determinedand that some fatality is compelling him to his doom. Thiscompulsion is in no sense from without-though theologians mayat will interpret it so-as if some god, like Zeus in Greektragedy, were dealing out punishment for the breaking ofdivine law. It is generated rather from within, and it is notmerely a psychological phenomenon. Precepts of the naturallaw-imprints of the eternal law- deposited in his nature havebeen violated, irrational acts have established habitstending to further irrationality, and one of the penaltiesexacted is dire impairment of the liberty of free choice. Thus the Fate which broods over Macbeth may be identifiedwith that disposition inherent in created things, in thiscase the fundamental motive principle of human action, bywhich providence knits all things in their proper order. Macbeth cannot escape entirely from his proper order; he mustinevitably remain essentially human. The substance of Macbeths personality is that out ofwhich tragic heroes are fashioned; it is endowed by thedramatist with an astonishing abundance and variety ofpotentialities. And it is upon the development of thesepotentialities that the artist lavishes the full energies ofhis creative powers. Under the influence of swiftly alteringenvironment which continually furnishes or elicts newexperiences and under the impact of passions constantlyshifting and mounting in intensity, the dramatic individualgrows, expands, developes to the point where, at the end ofthe drama, he looms upon the mind as a titanic personalityinfinitely richer that at the beginning. This dramaticpersonality in its manifold stages of actuation in asartistic creation. In essence Macbeth, like all other men, isinevitably bound to his humanity; the reason of order, as wehave seen, determines his inescapable relationship to thenatural and eternal law, compels inclination toward hisproper act and end but provides him wi th a will capable offree choice, and obliges his discernment of good and evil. Bibliography: