Tuesday, July 23, 2019
Was Alexander II more successful than Alexander III Essay Example for Free
Was Alexander II more successful than Alexander III Essay Was Alexander II more successful than Alexander III in coping with the problems he inherited? During the reigns of both Alexander II and Alexander III both faced significant problems. Both rulers inherited some similar problems when they ascended to the throne for example both faced significant opposition, albeit in different forms. For example, at the time of Alexander IIââ¬â¢s ascension to the throne opposition was disparate and far away from what it was by the time he was succeeded in 1881 by Alexander III. Problems regarding domestic policy were also inherited by both Tsars as well as problems on the international stage posing difficulties. It would seem that the more successful of the two leaders in dealing with these problems would be Alexander III as he managed to crush the opposition he faced surviving his reign unlike his father as well as being adept at dealing with international issues. The opposition faced was a serious problem that was faced by both Alexanderââ¬â¢s. Opposition to Alexander II was largely based on discontent from the serfs and peasantry that had been festering before he came to power. For example there were 1468 serf uprisings since the turn of the century. This group of the population were seen as potentially dangerous to the regime within Russia and as a result Alexander II recognised there was need for change. As a result he set about with the drafting of the Emancipation Act using the nobility to do it. While he did sympathise with the serfs the reason behind the eventual introduction of this act was to uphold the fundamental principles of Tsarism, these being autocracy, orthodoxy and nationalism. Though this reform was meant to drastically improve the position of the serfs, it instead made their situation worse in many cases. This undoubtedly created more grievances on behalf of the, now, ex serfs. This growing discontent coincided with the emergence of an intelligentsia from the middle class. The intelligentsia were starting to become more organised forming early groups such as the Nihilists and then Populists. These groups were beginning to actively show their discontent at the limited reforms Alexander II had introduced would eventually result in the formation of the Peopleââ¬â¢s Will, the group responsible for the assassination of Alexander II himself on 1st March 1881. It can thus be seen that Alexander II did not successful cope with the opposition he faced. In contrast it can be argued that Alexander III was successful in coping with the problem of opposition. The situation he had inherited in this regard was much worse than that of his father. Opposition had become much more dangerous to the regime in the years between 1855 and 1881 clearly highlighted as they ended Alexander IIââ¬â¢s reign. The assassination of the Tsar generated a mass of insecurity and a determination to crush the opposition on behalf of the new Tsar. The creation of the Okhrana was almost immediate; this was essentially a police force that aimed at data collection on political offenders and infiltration of terrorist organisation. This came alongside the policy of Russification which forced the Russian on language onto those of foreign nationality and made the principle of Russian nationality fundamental to life within the country. The Okhrana were dedicated to enforcing religious, racial and national orthodoxy as well as restricting various parts of the population i.e. writers, teachers, Jews etc. As a result any opposition to Alexander IIIââ¬â¢s reign was suppressed. It would appear that the measures he introduced allowed him to successful cope with this opposition unlike Alexander II whose reforms caused opposition to develop further. Alexander II came to the power with the backdrop of the Crimean War in 1855. This war had highlighted the various incompetencyââ¬â¢s of Russia as a nation, making them appear weak and backward in comparison to the Western European nations. As a result Alexander II saw the need for the introduction of reforms to bring Russia up to date with the West. Aside from the aforementioned Emancipation Act there were various other reforms. He decided that the country needed to develop on an industrial level. In order to do this Alexander II drew up plans for a massive investment in railways. The emancipation, he hoped, would lead to greater agricultural output, in order to finance the railways, and the beginnings of Russias industrialisation. He also invested in new iron and steel works for armaments and new manufacturing industries. However these plans never came to fruition during his rule with the dissatisfaction amongst the serfs playing a key part to this. Though he may have not been successful in this area the creation of Zemstvos as well as changes to the legal system and education on the surface appeared to bring Russia up to date with Western Democracies. The Zemstovs allowed people to have more representation at a local level, they were places where people could go to express opinions. The development of education and legal reforms also appeared as though the regime was becoming more liberal and to a certain extent this was true as people enjoyed greater freedom in society and thus showed distinct improvement in modernising Russia. On the other hand the rule of Alexander III can be seen to not offer such modernisation. Though he was successful he in introducing a large system of railways across Russia, most notably the Tran Siberian system these were largely following the plans of his father. On a more social level the repression experienced under Alexander III was somewhat archaic and was a step in the completely wrong direction. The persecution of the Jews was most horrific, they were forced to live in restricted areas and only a limited number were allowed in education. There were even Jewish Pogroms which occurred when gangs of people violently attacked Jewish people. This added to the state interference through the Okhrana mean that Russia had moved away from modernising rather than towards it under Alexander III. In this way Alexander II was more successful in coping with the problem of modernising Russia through domestic policy. A final problem both leaders faced were the issues taking place on the international stage. While the Crimean war had resulted in a need for domestic change it to had required Alexander II make changes to the army after being humiliated. Universal conscription was eventually introduced in 1874. This pointed the way to a large scale armed force with six year service and a long length of time in reserve this replaced the outdated old-fashioned system which had basically seen a serf army. Russia now looked to be on the path to developing a modern army on the Prussian model. However the Russo-Turkish 1877-1888 war saw the limitations of the army with the diminishing Ottoman Empire not being overrun by the new Russian army. Although they made gains in several areas they took a huge financial hit and had been isolated from the other European superpowers as they allied together. When Alexander II came to power he thus inherited these problems. He however was much more adept at dealing with international affairs than his father and predecessor was. Alexander III proved to be quite the negotiator gaining the title of ââ¬Å"Alexander the Peacemakerâ⬠. He aimed at avoiding war at all costs and was tolerant of Otto von Bismarck, a conservative German statesman who dominated European affairs from the 1860s to his dismissal in 1890. Bismarck had a quite belligerent attitude towards Russia, and Alexander II was able to revive the ancient league of 3 emperors in 1884. During his reign as Tsar Alexander had managed to avoid war and create some kind of international security whereas under Alexander II Russia still seemed vulnerable as a result the problems inherited on the international stage were handled more successfully by Tsar Alexander III. In conclusion, it can be seen that Alexander III was more successful than Alexander II in coping with the problems he inherited. Although Alexander IIââ¬â¢s handling of domestic policy and modernisation was superior, Alexander IIIââ¬â¢s ability to successfully get rid of opposition, through things methods such as the Okhrana, and his handling of the international situation make it clear that he was the more successful Tsar in coping with the problems he inherited.
Monday, July 22, 2019
Costing Methods Pape Essay Example for Free
Costing Methods Pape Essay Write a paper of no more than 700 words addressing the following questions: à · What strategies did the management of Super Bakery, Inc. use? à · Why did Super Bakeryââ¬â¢s management think it was necessary to install an ABC system? Do you agree with their reasoning? If you disagree, identify your recommended costing system, including your rationale, to management. à · Would a job order cost system or a process order cost system work for Super Bakery. Why or why not? Format your paper consistent with APA guidelines. College is too important not to give it your all, no matter what you face throughout your collegiate career. Hopefully, this article has given you some very useful advice that will help make college life easier for you and getting to that all important graduation day with confidence a little less challenging. In this document ACC 561 Assignment Week 4 Costing Methods Paper there is a review of the following parts: Strategy ABC Installation Cost System Conclusion Business Accounting Resource: Accounting Read BYP17-5, titled Communication Activity, in the Ch. 17 ââ¬Å"Broadening Your Perspectiveâ⬠section of Accounting . Write a paper of no more than 700 words addressing the following questions: à · What strategies did the management of Super Bakery, Inc. use? à · Why did Super Bakeryââ¬â¢s management think it was necessary to install an ABC system? Do you agree with their reasoning? If you disagree, identify your recommended costing system, including your rationale, to management. To get more course tutorials visit https://bitly.com/12Binkm College is something that you want to make sure that youre ready for as much as possible. While you have to live into much of it, there are many things you have to do ahead of time in order to make sure youre successful. Make sure you continue reading in order to find out the information you need. Business Accounting
Sunday, July 21, 2019
Adidas PEST and SWOT Analysis
Adidas PEST and SWOT Analysis The Footwear Industry is a mature industry; it consists of giant players like Nike, Reebok, Puma on one hand and millions of small retailers in the unorganised sector on the other. This industry presents a myriad of interesting observations there are highly specialised segments where performance is the driving force like running shoes, basketball shoes, and soccer shoes. But to some, a highly fashionized shoe is the priority. Therefore the industry is in a creative phase where performance and fashion have now been merged to create a new hybrid, called lifestyle segment. The competition in this industry is mostly non-price atleast for the established legendary players like Nike and Adidas. They compete for mind share of the customer and aspects like marketing campaigns, brand ambassadors, product proliferation and branding, spell success. Brand Stickiness is high once a customer has experienced a brand and has been satisfied, indicating that price stickiness is less which is also due to affluent lifestyles, prosperity and rising purchasing power of the customer today. Nike and Adidas are the two mammoths of the industry today. Nike is the world leader with a close follower as Adidas Reebok combined (post Reeboks acquisition by Adidas in 2006). The report attempts to study the internal external environment in which Adidas operates and competes. To give the study a 360 degree perspective, various aspects of the industry like market trends, customer profile, competitive analysis and are covered. I. Corporate Mission Mission Statements are an insight into a companys intent, it tells various stakeholders the basic premise for the existence of an organisation why does it do what it chooses to do, who does it deal with, what does it aspire to become all these are essential elements of a companys mission statement, Rossiter, J. R., Bellman, S. (2005). Marketing communications: Theory and applications. The Mission Statement of Adidas is as follows: Adidas-Salomon strives to be the global leader in the sporting goods industry with sports brands built on a passion for sports and a sporting lifestyle. We are consumer focused. That means we continuously improve the quality, look, feel and image of our products and our organizational structures to match and exceed consumer expectations and to provide them with the highest value. We are innovation and design leaders who seek to help athletes of all skill levels achieve peak performance with every product we bring to the market. We are a global organization that is socially and environmentally responsible, creative and financially rewarding for our employees and shareholders. We are committed to continuously strengthening our brands and products to improve our competitive position and financial performance. In the medium term, we will extend our leading market position in Europe, expand our share of the US footwear market and be the fastest growing major sporting goods supplier in Asia and Latin America. The resulting top-line growth, together with strict cost control and working capital improvements, will drive over-proportionate earnings growth. (Mission Statement sourced from www.adidas.com) Adidas is a German company by origin and it had acquired Salomon SA in 1998 as a part of its expansion strategy. It purchased Reebok in the year 2006 to re-strengthen its position and focus on its core businesses of athletic footwear and apparel. The company has been known for its continual zest for innovation, a trait mastered by its founder Adolph Dassler. A detailed analysis of the mission statement reveals the following Post Salomon acquisition, Adidas was clear that it wanted to expand establish itself in a gamut of sports and focus beyond athletic shoes and aptly be known as a sporting goods company. It always had lifestyle in mind while thinking of performance. Customer centricity was always high and a continuous improvement to provide more than the customers expected was essential to Adidas. The management realises that athletic performance is the ethos of the company and innovation is required to deliver high performance. Their mission statement also talks about the scale and the scope by mentioning that it is a truly global conglomerate. It realises its responsibility towards employees, shareholders and the society equally. It mentions that Europe, US, Asia and Latin America will be the focus; the company will strive to maintain its cost, increase its top line and deliver the best to all stakeholders. Deliberating on the mission statement, it appears to be a well focused and an all encompassing one. After the acquisition of Reebok in 2006, Adidas has reinforced its core strategy which had got diluted post Salomon take over as the product line got too diversified to gel with each other or to enable smooth management of the business overall. If one were to write a revamped Mission statement for Adidas considering the current competencies, its focus and the industrial environment in mind, the following can be a suggestive and an all compassing attempt Adidas Mission Statement We will exploit technology judiciously in our entire product lines of footwear and apparel, both in performance and fitness segment, to extend benefits to all our stakeholders globally either in the form of more comfort, better technique in sports, advancement in the materials used, competitive prices, more eco-friendly use of raw materials and maximum growth to enable them to get the best value proposition from us. II. Core Competencies The Core competencies form the basis of edge over the competition. It signals what one company does superbly better than the other, by virtue of which it can reap excellent benefits. Adidas has the following core competencies Living the three core values The vision got established in 1920 when Adolph Dassler started designing the first shoe ever. And ever since then to now, three things have not changed and that is the three genuine intentions of the company manufacture each shoe as a masterpiece for the requirement of the sport, avoid the sportsman from injury and make the product long lasting and value for money. Adidas has sworn by these three values and even over decades, these core values have never been disintegrated. Even when athletes talk of performance, they vouch for Adidas. Continuous innovation and mastering the art of perfection, Adidas believes in outdoing itself each time and this is clearly visible in the vast product range it offers. Be it athletics, tennis or soccer, Adidas is a name integral to success of sportsmen alike. Strategic Expansions organic integrations Management at Adidas has made the right decisions at the right time. Whether it be entering into a merger or divesting, such strategic activities have been well thought of and well timed. In 1999, Adidas wanted to expand beyond athletic shoes and apparel and that is when it bought Salomon which had huge established inroads into other sports such as skiing, skating and golf. It also had presence in bicycle production. Thus Adidas became a true sports equipment, shoe and apparel manufacturer but it retained the identity of different brands, a wise decision as it became easy to disintegrate with Salomon around 2005, when it could no longer handle the vast mutually exclusive set of businesses. In 2006, Adidass decision to acquire Reebok was equally strategic; it was a two pronged strategy as firstly Adidas Reebok combined together could compete with Nike, the industry leader in a more vigorous manner. Secondly it gave Adidas a platform to create its presence in the lifestyle segment wh ere it was earlier non-existent. Adidas was always known as a performance brand and Reebok as a lifestyle and a fitness brand; the coming together of the two is a lethal combination as it presents a complete proposition to all kinds of customer segments. The decision for both the brands to maintain their brand identity is again a well informed decision as it avoids cannibalisation. Technology Innovation The core competence of Adidas is its continuous zest to innovate. It lives and maintains its performance image very meticulously. At the same time, it has constantly believed in innovating, this was exemplified to the world, when in 2002, Adidas along with the Japanese designer Yohji Yamamoto launched an exclusive range of sneakers which were sold at a whopping $590. Branding Internet In the year 2000, Adidas launched its website with e-commerce applications functional. Adidas knows that the footwear and apparel industry is very mature; in order to stay abreast against fierce competition it is vital to invest in web marketing and branding. The site ensures ease of use, speed and easy navigation. It has both brick and mortar own brand outlets and a vast network of retailers, distributors and online stores. The self branded stores enable a direct contact with customers and reading their pulse, building face-to-face relationships with them and personifying the brand with the POP merchandise at thee outlets. Internet has enabled Adidas to reduce its cost and increase its reach drastically. E-commerce has provided Adidas far fetching benefits over the competition, the customer data retrieved through the net can be researched upon to understand the customer profiles and their buying behaviour. This enables the management to design highly customer centric communication, discounts and offerings. Though Nike has been a close player reaping all these advantages, other major companies like Converse, Puma, K-Swiss are no way near. III. PESTL Analysis PESTL analysis is an excellent technique to gauge the external environment in which a company operates. These factors are mostly if not always, uncontrollable and an organisation has to find its position within this cloud. Political Adidas enjoys presence in the entire Europe market, post its acquisition of Reebok in 2006 it has created inroads in the US as well. The company has expansion plans in Asia Latin America. At most of these places, the political domain remains stable as they are largely democratic set ups. This implies that the government will not pose undue restrictions or introduce stern impractical decisions to be followed blindly by the organization. Elections every four or five years, (in UK most Asian countries respectively) also do not impact Adidas much as it does not really get impacted by the ruling party. There are other aspects like stable currency, minimum wages, hygienic working conditions in factories, stipulated working hours per week that are more critical factors for Adidas to adhere to. This is one reason as to why most of these big players are shifting their manufacturing base to Asian countries like India and China while retaining the RD and designing at their home countries. Economic Economic conditions have a considerable impact on the sales operations of Adidas. The inflation rate, the purchasing power of customers, consolidation and buy-outs hugely affect the revenues. World economy suffered one of the biggest recessions in the past two years; with the fall of Lehman Brothers and the shaking of the entire financial sector, people lost jobs and unemployment touched a historical high figure. Purchasing power fell drastically as most of the people all over the world, especially in the US and Canada started living on their savings. The economic crisis in Asian countries also mean that labour and manufacturing costs would now rise impacting the net earnings for Adidas. The stability of government and of currency, tax rates, inflation, import and export duties, special economic zones and subsides; all these are critical economic factors that can impact Adidas and other players in the industry. Social This comprises of the culture, beliefs, demographics, psychographics, education levels and spending habits and lifestyle of the target audience. A factor that is too significant for any player to ignore especially when it enters into a new market; this is the most important factor that can break or make a brand. Culture, social groups, race, religion impact how people live in a society and thus marketers have to pick up the cues sensibly as to how to operate in that environment. Adidas has used this knowledge wisely. Its famous slogan Impossible is nothing captures it beautifully as it gels with the youth today globally. The youth today is characteristic of breaking the rules, exploiting their potential and wanting to unfold the undiscovered. It is this spirit which associates the brand with this audience perfectly. The education level and the pace at which the society moves are reflected in advertising today. Reeboks advertising of its range Easy Tone is another example to demonstrate this aspect. Today women are highly conscious of their figure; Reeboks advertising where it claims that Reebok shoes and slip-ons will enable the users to have a well toned figure could not have found acceptance a decade back. With the arrival of internet, the way people shop is also changing. Now Adidas and other major companies have started selling through online stores and promote the same by giving heavy discounts. Technological Continuous innovation and the use of technology is a great imperative in the industry. The breakthrough use of technology signifies some definite improvement more comfort, superior running performance, more support and cushion, better hold on the ground, reduction in manufacturing costs or in customer price! The original perforated technology of Geox which claims that it enables its shoes to breathe and overcomes the problem of sweaty feet is a remarkable achievement for the brand; it not only creates a niche for itself but enables the company to sell its range at a high premium. Nikes 360 air max, Adidas 1 and Crocs colourful shoes for outdoors, are all examples of constant innovation in the industry. Legal Regulatory Legal Regulatory impact the advertising branding significantly. Let us take an example of Nike when it was planning to enter the Spanish market Nike could have faced the biggest challenge of establishing its mark in Spain because of a trademark issue. This was a decade long litigation case where the Supreme Court found out that the Nike name was a registered trademark of a former distributor called Cidesport. Nike could only use its swoosh but not its name on any of the products. This could have been a great set back and would have demeaned the brand equity. However Nike got lucky when in 2009 Supreme Court reversed its ruling post Nikes appeals. Adidas need to make sure all their promotions give a true representation of the products being advertised, as to not break the laws of the Trade Descriptions Act. It needs to make sure all of their retailers have sufficient knowledge of Adidas products in order to obey the Trade Descriptions Act, as if Adidas give the retailers sufficient information and they give customers incorrect information about the product, then it is the retailer breaking the Trade Descriptions Act rather than the manufacturer, (www.adidas-salomon.com/en/news/archive/2000/2000-07.asp, August 2010) IV. Market Analysis Let us analyse the athletic footwear market through Porters Five Forces model to gain a holistic view of the market Barriers to Entry High to Moderate Brand Loyalty is extremely high; economies of scale and scope also restrict entry for small players as the industry is dominated by few giant players who reap huge benefits from the volumes and the supply chain integration. Economies of scale include advertising marketing costs, RD spent in addition to voluminous production and economies of scope would include benefits like umbrella branding, available to large conglomerates like Nike Puma. However, a new entrant will not find it difficult to find suppliers or raw materials largely of the fact that is a billion dollar industry which is still largely unorganized. Bargaining Power of Buyers Moderate to High Switching cost is low for the buyers as options are endless except in the case where brand loyalty is extremely high. Buyers have easy access to the products through online shopping as well. Though the big players dominate the industrys rate but they cannot decide these prices ignoring customers. Billions are spent by these players on market research and studying consumer profiling and buying patterns which shows that buyers have high bargaining power in the market. Bargaining Power of Suppliers Extremely Low The raw materials used in this industry are rubber, cotton and foam. The giants like Nike Adidas lay out stringiest norms which a supplier has to comply with in order to mean quality. Switching between suppliers is also very high in the industry. The supplier power is extremely low, most often than not, these suppliers work at norms and prices governed by the big players of the industry. Threats of Substitutes Low The substitution is quite low as it is not possible for sneakers to be replaced by fashion or high- heeled shoes. Similarly between tennis shoes and running shoes, there cannot be a replacement. Rivalry among Existing Competitors High The rivalry amongst firms is extremely high and mostly being non-price. Each firm lives and dies by the brand identity it creates. There is fierce competition between Nike Adidas. Specialty shoes like Geox, Rockport and Ecko also compete in niche segments. V. Customer Analysis Adidas has a brand identity of being performance oriented, technically superior and with strong European roots. Therefore to study the customer type, Adidas looks at three broad types of customers Governed by Superior Performance: This is typically a customer who looks for premium performance. Be it an athlete, a tennis player, a soccer lover or a college going student who values technological advancement would choose Adidas over other brands. Fitness Health: This segment is best captured by Reebok as it promotes fitness and aerobic shoes. These days the campaign is running globally by Reebok for its Easy Tone shoes where the slogan is take the gym with you. Be it running shoes, aerobic shoes or shoes for casual wear, Reebok has captured huge market share. This range is particularly selling like hot cakes both in US and Asia amongst women as they are constantly worried about toning their thighs and hips. Adidas has wisely let Reebok focus in this segment so that there is no cannibalisation in sales. Lifestyle Shoes Apparel: Reebok and Adidas have had significant increase in the market share, competing very closely with Nike in the apparel industry. Easy Slippers, T-Shirts, jackets and jumpers enjoy brand loyalty by customers. Adidas does big promotions in this segment. The recent FIFA World Cup championship saw players wearing Adidas T-Shirts with the legendary three stripes logo. Customers of these big brands generally have a very gullible temperament and thats the reason these big players engage in celebrity marketing in a big way. Celebrities are chosen with great caution and deals worth millions of dollars are done with these sports sport stars. The idea is to have a rub off effect on the brand and establish strong associations. For e.g. Nike and the coming together of Michael Jordan promoted the shoes in the basketball segment successfully. Even after when he retires, Nikes Air Jordan segment collected significant revenues for the brand. Adidas had tied up with David Beckham and was one of the official sponsors for World cup in 2006; later years saw the sale of Adidas mount like never before. Even till date Adidas leads the industry in soccer shoe sales. VI. Competitive Analysis The footwear and apparel industry is in a mature phase with fierce competition for market and mind share of the customers. Nike is valued at around 14 billion dollars and is the market leader, followed closely by Adidas Reebok combined at around 12 billion dollars (as per the 2006 statistics captured from their websites). Mostly the firms compete on brand image, web site designs, service, advertising celebrity endorsements and innovation. Nike has had a slight edge over its competitors from the time it launched its products as it has considerably invested in RD and high tech designs. But Adidas has narrowed this gap drastically in recent years. Brand image focus is very high in the industry. Example of this can be seen in the case of Nike. Nike chooses to sell its regular range through high end retailers only, it had refused to sell through Sears post the Sears Kmart tie up as it feared brand dilution, it instead started retailing its low priced Starter range through this channel. Technology focus and specialisation is high. Nike focuses on performance plus style, Adidas as seen as a high end performance shoe and it leads the market in the soccer industry. Reebok is deemed as a fitness and health conscious brand. New Balance talks only performance and is seen as a no-nonsense brand. Crocs has positioned itself as an outdoor wear brand is predominantly used for boating. Puma is seen as a stylised brand both for footwear and apparels, it has never really spoken of high end sports performance and this focus has helped the brand create its space in the lifestyle segment. Hence it is imperative that each player positions itself well and delights the customer in that segment rather than being all over the place. Below is a diagram of the total market share of competing firms (post Reebok Adidas integration)- (Chart sourced from www.hoover.com) To conclude, one analyses that it would be prudent for close rivals to think of innovative ideas to increase the overall market for performance and lifestyle shoes than just competing on the market share with each other. VII. SWOT Analysis SWOT analysis refers to the technique of mapping the strengths, weaknesses, opportunities and threats for an organisation. (P. Kotler, S. Adam, L. Brown and G. Armstrong 2001) While the first two are internal to a firm, the last two are more from an industry orientation overall. Strengths Adidas has an image of high performance and a favoured brand for buyers who seek technology over style The acquisition of Reebok complements the brand as it allows a larger portfolio of high end performance based shoes (Adidas) and fitness lifestyle range (Reebok) Known for its constant innovation, Adidas and Reebok Easy Tone being the case in point Association with sports championships enable the brand to be positioned as the leader for Soccer segment The intellectual quotient of management is seen as very high, as Adidas has been known to take the right decisions at the time (evident from all the mergers acquisitions which the brand has done) Association with celebrities like David Beckham adds to the Brand value and high TOMA (Top of Mind Awareness) User friendly and high brand appearance web site enabling high online presence Vast product portfolio to choose from Shoes for running, tennis, soccer, skiing, golf and related line of apparel, jumpers, watches etc. Weaknesses Adidas has a vast product portfolio but still has a high dependence on soccer shoes as compared to Nike which has several high revenue bearing products Has become synonymous with market-follower tag and Nike being the market leader, to most customers it becomes a second choice only The Adidas/Reebok acquisition results in cannibalisation of each others sales rather than targeting competitors. This is because there is a lack of well defined differentiation between both the brands Not seen as innovative as Nike and is alleged to copy Nike in its advertising, promotions and celebrity endorsements Opportunity Highly brand conscious youth wanting to own a pair of branded shoes only Increasing love for Soccer where Adidas is perceived as the official brand leader High value placed on fitness sports for a healthy lifestyle, resulting in an increase in the overall industry Advanced technology available Use of internet, online marketing and e-commerce widening geographical markets and connecting the globe virtually Threats World Economy recession which has impacted the purchasing power of consumers drastically Competition from online stores who have presence only through e-commerce and sell shoes at heavy discounts because of their low cost manufacturing strategy Changing consumer preferences and lifestyles Reducing popularity of sports because of frantic working lives Increasing power of suppliers to set terms, e.g. Wal-Mart New competitors entering the market Price war between competitors Cheap replicas available in the market Conclusion Adidas has come a long way over the decades and is now positioned second largest most popular player in the athletic footwear industry. Each company in the industry today is trying to reduce its manufacturing costs by shifting the production to Asian markets. Adidas Reebok have strengthened their combined market, post the integration. This is a well suited strategy to compete with Nike and grow by expanding into the emerging markets US Asia. It would be wise if Adidas focuses on its core competencies and engage into aggressive marketing branding. Critical areas for success are summarised as follows Three critical focus areas which Adidas should be focusing on currently are 1. Strong Highly differentiated Brand Positioning for Adidas Reebok Brands: A serious attempt must be made to create a positioning for both the brands. What does Adidas stand for as compared to Reebok? The Company must strategise Adidas as a sports performance brand and create a niche for athletic, tennis, golf, soccer, both in sports apparel. It should position Reebok as a fitness brand and let it handle aerobics, running, walking and casual shoes and apparel. 2. Focus on increasing the total market by innovative marketing: Adidas should creatively focus on increasing its total customer base, it should look at promoting soccer in clubs and schools and offer scholarships and start interacting with the children at an early age so that they become loyal customers for life. Reebok should tie up with gyms could offer discounts on Reebok shoes and apparel. It can tie up with specialty clinics fighting obesity and over-weight, sponsor health check up camps and give aids for other related causes. This will help the brand in two ways one is that it would help create an image of a socially responsible company and secondly reinforce the strategy to capture the ever increasing health conscious customers of today. 3. High end use of technology: Undoubtedly RD technology will remain the catalyst of this industry. Adidas will only be able to survive if it continuously focuses on improving the quality performance of its shoes. So when Nike says Just do it, Adidas should scream aloud the spirit Impossible is nothing.
Saturday, July 20, 2019
Solomon Barney Project :: essays research papers
SOLOMON BARNEY PROJECT Political Website and Online Book Store Project Charter PROJECT MANAGEMENT FRAMEWORK Solomon Barney Project Document Revision History V 1.1 11/15/04 2nd Draft produced containing updated "project definition" work from 11/08/04 worksession 1.2 11/22/04 Contribution and work flow planning finalized. Roles and Responsibilities finalized. 1.3 11/29/04 Initial project steps defined and waypoints defined with customer. 1.4 12/02/04 Revised final draft containing work from 11/29/04 work session and accepted previous changes 1.5 12/05/04 Final Draft accepted. Table of Contents PREFACE 1 PROJECT STATEMENT 2 PROJECT PLAN PURPOSE 2 PROJECT OBJECTIVES 3 GENERAL OVERVIEW OF PROJECT 3 CURRENT ENVIRONMENT 3 PREVIOUS ACTIVITIES 4 WORK BREAKDOWN STRUCTURE 5 TIMELINE 8 RESOURCE ALLOCATION 9 BUDGET 10 COMMUNICATION PLAN 11 PROJECT RISK/CONTINGENCY PLAN 12 Preface Document Version Control: Questions regarding updates and currency of the subject document should be directed to the owner of this document, or the project manager. This plan was generated by the WSC Project Team. WSC will be implemented and deployed for the Office of Solomon Barney Associates. Project Stage: WSC will be based on the commercial-off-the-shelf application titled vBulletin. The project is currently in the Development stage of the life cycle. Approval: A completed stage exit will constitute approval of this plan. Document Owner: The primary contact for questions regarding this document is: Dale Gribble, Project Manager/Planner WSC Project Team Phone: (555) 555-5555 Internet: bsm@Dalecom.com Document Change History: (Nature and date of each change are recorded here) November 15, 2004 ââ¬â Document Creation. Privacy Information This document may contain information of a sensitive nature. In particular, staff names and phone numbers, and E-mail addresses. This document should not be distributed outside of the Project Team. 1. Project Statement Create a user friendly, customer oriented website for political debate and a digital store front for the sale of political merchandise. 2. Project Plan Purpose This document provides an orientation on how the Web Site Creation (WSC) project will be managed. It also defines the deliverables, schedules, risks, dependencies, assumptions, estimates, and change management philosophy. This plan will: â⬠¢ Provide a general product description and overview. â⬠¢ Provide a project plan purpose and objectives â⬠¢ Identify a Work Breakdown Structure (WBS). â⬠¢ Identify a timeline through schedules and activities to be performed. â⬠¢ Identify required resources through a resource allocation plan. â⬠¢ Identify a risk analysis and contingency plan. â⬠¢ Give a detailed budget. â⬠¢ Establish a communication plan. â⬠¢ Provide a basis for management tracking and control. This plan is an active document and may be formally revised at the end of each of the following stages of implementation: â⬠¢ Research and Testing â⬠¢ Planning â⬠¢ System Integration â⬠¢ Pilot Installation and Testing â⬠¢ Pilot Deployment and Acceptance â⬠¢ Pilot Post-Implementation Assessment â⬠¢ Host wide Implementation 3. Project Objectives â⬠¢ Refine requirements from customer. â⬠¢ Develop an overall plan for project waypoints. â⬠¢ Assign subtasks to the waypoints. â⬠¢ Develop a timeline for completion of each task. â⬠¢ Allow for rework at each waypoint. â⬠¢ Create a preliminary budget for the product, and get customer approval. â⬠¢ Refine the budget. 4.
The Tet Offensive of the Vietnam War Essay -- Vietnam War Essays
The Tet Offensive à à à à à The Tet Offensive was a major assault by the North Vietnamese and Viet Cong against South Vietnam and the U.S. forces situated there. It was not only a psychological advance for the North Vietnamese and the Viet Cong, but also gave the United States a notion that the war wasnââ¬â¢t going to be an easy win, and the chances of winning the war were, in fact, very slim. à à à à à The war initially was an attempt to limit the spread of communism throughout Asia. Similar to Korea, Vietnam was in a civil war divided by political ideologies. (2) The Domino Effect is the idea that when one nation falls to communism, other nations around it in time will fall (2). Under the fear of this happening in Vietnam, the United States joined forces with the South Vietnamese to fight the spread of communism (5). Though most of South Vietnam was indeed against the spread of communism, there were some who sympathized with the North, known as the Northern Liberation Front, or Viet Cong (VC). The VC hid amongst the other South Vietnamese civilians, and used guerilla tactics to fight for communism. (5) à à à à à The Tet Offensive was an all out attack by the North Vietnamese Army (NVA) and the VC during the Tet cease-fire (6). The cease-fire was a peaceful and hospitable agreement made between the U.S. and the NVA to stop all assaults during Tet, the annual Vietnamese festival for celebrating the lunar New Year. On the first day of the festival, January 31, 1968, NVA and VC launched a series of attacks on major cities and military bases located in South Vietnam. (6) à à à à à Strategically, the assault was a failure (5). The communist attackers had failed to permanently capture any of their targets, and overall, had lost more men than the democratic defenders (6). However, the deviousness and planning involved in the offensive was so great that the overall psychological effect had gained an advantage for North Vietnam and the VC (5). à à à à à The Vietnam War was the most reported conflict in history (3). TV cameramen from all over the nation flew to Vietnam to document the sights and stories, so that viewers at home would have a feel for the war they were paying for. Sometimes the mediaââ¬â¢s output had a negative effect on the war effort, showing graphic senseless violence. (3) They also proved wrong the claims laid by General Westermoreland of ... ...d Historical Society, Inc. 1998 à à à à à This book is written by the commanding officer of Bravo Company. It goes through the happenings of a platoon through the Vietnam War, and describes the events on the first night of Tet, and carries the topic for the two weeks that followed. 4. Pimlott, John. Vietnam: the Decisive Battles. New York, New York. Macmillan à à à à à Publishing Company. 1990 à à à à à This book goes through the planning, and execution of the Tet Offensive, and describes in detail the effects of the attack, and how it was ââ¬Å"decisive.â⬠5. Knopf, Alfred. Walter Cronkite: a Reporterââ¬â¢s Life. New York, New York. à à à à à Randomhouse, Inc. 1996. à à à à à Since Cronkite was one of the most influential political commentators during the sixties, his opinion was valued highly. This book gives an overview of how his opinion toward the war changed after the Tet Offensive, and how that changed the feelings of the American public. 6. Martin, Earl. Personal Interview. 21, March 2001 à à à à à Martin was a civilian relief volunteer during the war. He gave me an account of the change in moral of the volunteers and the civilians under pressure after the Tet Offensive had taken place.
Friday, July 19, 2019
Stalins Reform Of Russia :: essays research papers
Every Day Stalinism, by Sheila Fitzpatrick gives the real accounts of life under the control of Joseph Stalin. Fitzpatrick states her claim as to how Stalin remained in power for over twenty-five years by using methods of oppression and by implementing modernity. One of the main reasons that Stalin stayed in power was by implementing modernity into a society that had previously been stuck in a traditionalized environment. Fitzpatrick describes how Stalin changed peoples lives in the Soviet Union by advancing there means of production to bring them up to speed with the rest of the western world. Stalin's production of more factories led to the increase in the work force. Along with the increase in size, the work force became more diversified with the addition of women. These improvements however had some setbacks. One being problems in family life, this can be accredited to the implementation of women in the work force. Modernization made Russian women no longer subordinate to men. They were now able to obtain jobs, which made them absent from the household. This surge in the number of factories and jobs offered led to "ten million women entering the labor market."(Fitzpatrick 139) The bond between child and mother was broken as women were not raising their children and began seeing "the upbringing of children as a community rather then family responsibility." (Fitzpatrick 156) This new mentality would never have come about if women were not placed in the work force. Women went from traditionalized lifestyles to believing that "they should have careers" because raising a family was only for the "bourgeois." (Fitzpatrick 156-160) Conflicts with men arose quite rapidly as women were now not only in the work force, but being promoted as well. (Fitzpatrick 161) These conflicts could have been the cause for the divorce rate to increase during this time. The families that were in tact were forced to live in cramped quarters. Thanks to modernization these single room apartments had bathrooms and kitchens, which Stalin would argue, made "life more cheerful.
Thursday, July 18, 2019
Casebook method Essay
Sustainable Housing Featured Case Writers and Cases: â⬠¢ Foreword â⬠¢ MurraySilvermanandTomThomas(SanFranciscoStateUniversity)-Kimpton Hotels: Balancing Strategy and Environmental Sustainability â⬠¢ TerenceTsaiandShuboLiu(ChinaEuropeInternationalBusinessSchool) -Hunghom Peninsula in Hong Kong: A Realistic Call for Corporate Social Responsibilities â⬠¢ CharlesCorbett(UCLAAndersonSchoolofManagement)-The ReUse People: Turning Scrap into Sales â⬠¢ Winnersofthe2012oikosCaseWritingCompetition â⬠¢ Forthcomingcaseteachingeventsandothernews â⬠¢ Howtosubscribe. 1 ââ¬Å"BedZEDâ⬠bytelex4. CreativeCommonsLicense. Attribution2. 5Generic(CCBY2. 5). Foreword Dear reader, ThetopicofourSpring2012issue isSustainableHousing. Ourhomes, officesandotherbuildingscause awholerangeofenvironmental impacts,includingcarbondioxide emissions,relatedtotheuseof energyfortheheating,lighting andrunningofthesebuildings; productionofconstruction materials;anddeconstructionof buildingsattheendoftheirlife. Inaddition,homelessnessand urbanslumsaresomeofthesocial problemsrelatedtothetopicofà sustainablehousing. Inthisissuewepresentthree casesfromtheoikosonlinecase collection. TheKimptonHotels case(byMurraySilvermanandTom Thomas)describestherolloutof amajorenvironmentalinitiative (ââ¬Å"EarthCareâ⬠programme)atthe chainofboutiquehotels. Terence TsaiandShuboLiuwriteabouttheir caseHunghomPeninsulainHong Kongandthecontroversyinvolved intheproposeddemolitionofthe never-occupiedresidentialbuilding complexofHunghomPeninsula. Ourthirdcaseââ¬âTheReUsePeople (byCharlesCorbett)ââ¬âalsofocuses onthebuildingdeconstruction processandgivesanaccountof anorganisationthatspecialises indeconstructionwiththeaimof reusingasmuchofthematerialsas possible,hencekeepingthemoutof landfill. Youwillfindseveralothercases onsustainablehousingintheoikos onlinecasecollection. Youmay beinterestedtochecktheLiving Homescase(byRebeccaHennand AndrewJ. Hoffman)whichdescribes astart-upcompanyoffering ââ¬Å"greenâ⬠,prefabricatedhomes. The HaywardLumberCompanycase tracesthegreeningofHayward LumberCompany,whichdecidedto switchtoForestStewardshipCouncil (FSC)certifiedlumbertomeeta growingdemandforgreenbuilding materialsinCalifornia. Another California-centredcaseisThe AmbroseHotelbyMagaliDelmasand CharlesCorbettthatdescribesecolabellingstrategiesofaCaliforniabasedhotel. Adifferentangletothe sustainablehousingproblemistaken byLisaJonesChristenseninthe caseJamiiBoraandKaputeiTown: thiscaseoutlinesanentrepreneurial solutiontotheproblemofurban slumsinNairobi(Kenya)andthe processofcreatinganinnovative newtown. Finally,thecaseThe Mountainââ¬â¢sInstitutesEarthBrick MachinebyJohnBuffingtonandTed Londonexposesthechallengesof growinganon-profitorganisationââ¬â TheMountainInstitute(TMI)ââ¬âthat producesenvironmentally-friendly bricksfromdirt,allowingforlow costconstructionofhousingand otherstructures. Fromtheecchcasecollection, otherinterestingcasesdealingwith environmentalandsocialaspects ofhousingareZETACommunities (StanfordBusinessSchool)ââ¬âa net-zeroenergy,prefabricated housingcompany; ProjectFrog (DardenBusinessPublishing)ââ¬âaà sustainable-buildingmanufacturer transitioningfromstart-uptothe nextphaseofgrowth;Alarcity Housing(IBSCenterforManagement Research)ââ¬âethicalpoliciesand practicesofacorporationinthe Indianhousingconstructionindustry; TheOrchidEcotel(IveyPublishing) ââ¬âanenvironmentally-friendly hotelinIndia;and,finally,Dharavi (HarvardBusinessPublishing)ââ¬âredevelopmentofthelargestslumin Asia. Wehopethatyouwillenjoy readingtheSpring2012issueand discoveringorganisationsthatdeal witharangeofenvironmentaland socialproblemsrelatedtohousing. Asusually,wewouldbevery happytoreceiveyourfeedback, includingsuggestionsfornewissues, sodosendusanemailtocase@ oikosinternational. org. LiudmilaNazarkina oikosCaseQuarterlyEditor NextissueofoikosCaseQuarterly (Summer2012)willbefocused onthetopicofCross-Sector Partnershipsandwewillfeature thefollowingcases: â⬠¢ ââ¬Å"BuildingandScalingaCrossSectorPartnership:Oxfam America&SwissReEmpower FarmersinEthiopiaâ⬠by JonathanDoh,TedLondon andVasiliaKilibarda â⬠¢ ââ¬Å"CorporateSocial Engagement:HowAramex CrossesBoundariesâ⬠byLuk VanWassenhoveandLea Stadtler â⬠¢ ââ¬Å"Transformingtheglobal FishingIndustry:TheMarine StewardshipCouncilatfull sail? â⬠byAileenIonescuSomers,UlrichSteger, AlexanderNickandOliver Salzmann 2 2 Spring2012Issue6|www. oikosinternational. org/academic KimptonHotels:BalancingStrategyand EnvironmentalSustainability by Murray Silverman and Tom Thomas The Case Story topmanagementcommitment,use ofcross-functionalteams,employee engagementandcommunication methodsused. Thereweretwo basicgroundrulesfortherollout. First,newinitiativeshadtoreduce costs,havenonetcostimpactand investmentshadtohaveamaximum 12monthpayback. Second,new initiativescouldnââ¬â¢tadversely affectcustomerperceptionsor satisfaction. ââ¬Å"Students often get so wrapped up in the initiatives that they believe an organization can introduce, they lose track of the difficulties associated with implementing initiatives: How do you engage employees and managers? How do you embed new values and initiatives in the organizational culture? â⬠webelievethattheimportance ofembeddingsustainabilityinto organizationsisnotgivenenough attention. Kimptondoesan excellentjobofinstitutionalizing sustainability,providingstudents withanopportunitytoseehowthey didit. Wehavesuccessfullyintroducedthis caseinenvironmentalmanagement, business&societyandstrategic managementcourses. Topicsthat canbeusedtoinitiateorfocus discussionforeachofthethree coursesarelistedbelow: Strategy courseââ¬âcreating sustainablecompetitiveadvantage, branddifferentiation,cost savingsandtoplinebenefits,first moveradvantages,cause-related marketing,aligningstrategyand structurewithcorevalues,andthe integrationofstrategicmanagement andenvironmentalvalues. Business & Society courseââ¬â corporatecitizenshipandsocial responsibility,stakeholderrelations, socialcapital,strategicphilanthropy andtheintegrationofstrategic managementandenvironmental values. forshareholdersandsocietyby leadingtheirorganizationstoward greatersocialandenvironmental sustainability. Hereceivedhis MasterofPublicPolicy(MPP)degree fromtheUniversityofMichigan, AnnArbor,andanMBAandPh. D. inBusinessandPublicPolicyatthe UniversityofCalifornia,Berkeley. Dr. Silverman,Dr. Thomasandthree colleaguescreatedSFSUââ¬â¢sMBA EmphasisinSustainableBusinessin 2007. TheSFSUCollegeofBusiness wasrecognizedrecentlybythe AspenInstituteââ¬â¢sBeyondGrey Pinstripesasoneofthetopbusiness schoolsintheworld(#16)at integratingsocialandenvironmental issuesintoitscurriculum. Kimptonââ¬â¢sfounder,BillKimpton, iscreditedwithinventingthe ââ¬Å"boutiqueâ⬠hotelsegmentin1981. By2005,KimptonHotelswas comprisedof39hotelsthroughout NorthAmericaandCanada,each onedesignedtocreateauniqueand exceptionalguestexperience. Animportantaspectoftheir effortstoestablishtheKimpton brandwasthedevelopmentand rollouttoalloftheirhotelsof amajorenvironmentalinitiative theynamedEarthCare. EarthCare wasbuiltonanalreadyestablished commitmenttoenvironmentaland socialresponsibility. TheirHotel Tritonwasamodelfortheprogram, asitalreadyincludedinitiatives suchas:energyefficientlighting solutions,low-flow/highpressure showerheadsandsinkaerators,and toiletsthatreducewateruse,linen andtowelreuseprogram,non-toxic, non-allergenic,allnaturalcleaning products,lowVOCpaintsusedto paintwallsandceilingsandmore. Plannedfutureinitiativeswentwell beyondthoseintheTritonHotel. Thecasedetailstheinternal implementationprocess,including Teaching the Case. TomThomasandIwantedtowritea casethatshowedthatsustainability couldbeintegraltotheoverall strategyofthebusiness. We wantedbothstrategyandbusiness sustainabilityinstructorstoembrace it. Thiscasedemonstrateshow sustainabilitycanleadtobothtop lineandbottomlinebenefits. Also, MurraySilvermanisaProfessor ofManagementintheCollegeof BusinessatSanFranciscoState University. HereceivedhisM. S. inIndustrialAdministrationfrom PurdueUniversityââ¬â¢sKrannert SchoolandhisPh. D. inBusiness fromStanfordUniversity. Professor Silvermanteachesintheareasof Business&SocietyandBusiness& theNaturalEnvironment. TomE. ThomasisanAssociate ProfessoratSanFranciscoState University,whereheco-directs (withMurraySilverman)theCenter forEthicalandSustainableBusiness. Histeachingandresearchare focusedonhelpingfutureexecutives andmanagerscreategreatervalue Murray Silverman 3 Tom Thomas Spring2012Issue6|www. oikosinternational. org/academic Environmental courseââ¬â environmentalimpactsinthe hotelindustry,potentialfor financialbenefitsofenvironmental initiatives,industryenvironmental leadership,voluntaryinitiativesand self-regulation,institutionalization ofenvironmentalcommitment, green-washing,andtheintegration ofstrategicmanagementand environmentalvalues. Inteachingthecase,wetypically focusfirstonwhetherthereisa ââ¬Ëbusinesscaseââ¬â¢forEarthCare. This allowsustointroducetop-lineand bottomlineconsiderationsaswell astangibleandintangiblebenefits. Thesecondareaoffocusis institutionalization. Studentsoften getsowrappedupintheinitiatives thattheybelieveanorganization canintroduce,theylosetrackof thedifficultiesassociatedwith implementinginitiatives:How doyouengageemployeesand managers? Howdoyouembed newvaluesandinitiativesinthe organizationalculture? Thiscase iswellsuitedtoexploreboththe ââ¬Ëbusinesscaseââ¬â¢andtheissueof institutionalization. Webelievethereisadearthof casesthatallowstudentstoexplore theprocessofinstitutionalizing andembeddingsustainabilityinto organizations. WeofferanMBA courseinManagingtheSustainable Businessthatfocusesonthe internalaspectsofintroducingand embeddinginitiatives. Wewant ourstudentstobeââ¬Ëintrapreneurs,ââ¬â¢ changeagentswhocanact fromwithintheirorganizations, whethertheyareinmarketing,HR, operations,etc. Twocasesthatwe havefoundtobeexcellentinregard totheinternalissuesandprocesses associatedwithintroducingchange areHermesMicrotechandWalMartââ¬â¢sSustainabilityStrategy(A). Favorite Cases challengesdidtheyfaceandhow didtheydealwiththosechallenges? HereatSanFranciscoState University,weestablishedour CenterforEthicalandSustainable Businessin2010. Oneofour initiativesisaCasewritersForum. Theinitiativewouldincludea varietyofeffortstopromote andsupportthedevelopmentof businesssustainabilitycasestudies byfosteringcollaborationamong leadingsustainabilitycasewriters whoteachatbusinessschoolsin theSanFranciscoBayArea,and providingincentivesandmentoring supporttohelpfacultydevelopand applycasewritingskillsinthearea ofbusinesssustainability. New Case Development Case Purchase Information Wewouldliketoseemorecases thatfocusontheintroductionof sustainabilityinitiativesinlarger businesses. Whileitisofteneasier togetpermissiontowritecasesin start-upsandsmallenvironmentally orientedbusinesses,weneedmore casesrelatingtolargercorporations, asmanyofourstudentswillbe workingthere. Iwouldespecially liketoseethefocusontheinternal process. Whowasthedriver? What Inspectioncopyofthecase ââ¬Å"KimptonHotels:Balancing StrategyandEnvironmental Sustainabilityâ⬠isavailablefrom theoikosCaseCollection. Please contactMurraySilvermanand TomThomasforpermissionrights. Thiscaseisalsopartoftheoikos CaseCollectionbook(Volume 1):CaseStudiesinSustainability ManagementandStrategy publishedbyGreenleaf. 4 4 ââ¬Å"Swallowtailâ⬠bytanakawho. CreativeCommonsLicense. Attribution2. 5Generic(CCBY2. 5). Spring2012Issue6|www. oikosinternational. org/academic HunghomPeninsulainHongKong:ARealistic CallforCorporateSocialResponsibilities by Terence Tsai and Shubo Liu The Case Story Hunghomwaslatersoldtothe privatepropertydeveloperswho originallybuiltthecomplex. The developers,NewWorldDevelopment CompanyLimited(NWD)andSun HungKaiPropertiesLimited(SHKP) cameupwithareconstruction proposalforHunghomPeninsula: demolishandredevelopthearea intoaluxuriousprivateestate. However,theintentiontodemolish thenever-occupiedHunghom Peninsulacameunderheavy criticismfromthepublicinlarge partbecausethedemolition processwouldproduceextensive pollutiontotheenvironment,which violatedbothsocialpartiesand thecompaniesââ¬â¢corporatemission ofbeingresponsibletothesociety. Underthesecircumstances,the managementteamhadtowithdraw thedemolitionplanandreconsider theirdecision. Afterthedevelopers thoughttwiceaboutalltherelevant partiesââ¬â¢interestsandtookcorporate socialresponsibilityintoaccount, theygaveupthedemolitionplan anddecidedtoconductanextensive internalreconfigurationand renovationtoupgradetheproperty tomedium-gradeprivatehousing estatestandard. ââ¬Å"The case served as a good example to students and the future managers and gave insight on how business profitability could be balanced with environmental concern and social responsibility. â⬠information. Thiscasehadbeenusedinboth MBAandEMBAcoursesinBusiness Ethics,thelastmoduleofBusiness Strategicclass. Duringtheclass, thecaseprovokedholisticthinking ofstrategicmanagementaswellas discussionofbusinessenvironment analysisandstakeholderanalysis. Themajorlearninganddiscussions fellonStakeholderAnalysisbythe case. The(A)and(B)casesvividly presentaââ¬Ëstakeholderdilemmaââ¬â¢ tocasereadersandpermitteda detailedstakeholderanalysis:to predicttheresponsesofdifferent stakeholdersoftherealestate project,studentsperformboth quantitativeandqualitative analyses. Theclassparticipantsfoundthe caseusefulbecausethecase pointedouttostudentsthe importanceofissuesassociated withbusinessethicsandreviewed theroleofcorporatesocial responsibilityinbusinessstrategy. Inaddition,thecaseservedasa goodexampletostudentsandthe futuremanagersandgaveinsight onhowbusinessprofitabilitycould bebalancedwithenvironmental concernandsocialresponsibility. Itgavestudentsagoodchanceto analyzestakeholdersââ¬â¢needsand businessenvironmentandreminded studentsthatbesidesprofit, companiesalsoneededtotake socialresponsibilityandbusiness ethicsintoaccountwhentheymake decisions. Theteachingflowcanbeseenfrom thefollowingquestions: 1. Whatfactorsshouldthe developersconsiderinmaking thedecision? Whoarethe involvedstakeholders? (Acase) 2. Whichproposalshouldthe developerschoose? Why? (A case) 3. WhatroleshouldtheHong KongGovernmentplayinthis incident? (Bcase) Theresidentialbuildingcomplex ofHunghomPeninsulawasbuilt undertheHongKonggovernmentââ¬â¢s PrivateSectorParticipationScheme (PSPS)programthatwasintended toprovidehousingformiddleclass residentsatadiscountedprice. Duetoaneconomicdownturnand ashrinkingrealestatemarket threateningpropertyvalues, Terence Tsai Shubo Liu TerenceTsaiisanassociate professorinManagementandthe DirectorofCaseDevelopment CentreofChinaEurope InternationalBusinessSchool. Hisresearchinterestsinclude ManagementofMultinational /TransnationalCorporations (MNCs),Globalizationof ChineseEnterprises,Strategic EnvironmentManagementand Cross-CulturalManagement. ShuboLiuisadoctoralstudent attheEdinburghUniversity BusinessSchoolandResearch AssistantattheChinaEurope InternationalBusinessSchool. HisPhDtopicisGreenInnovation andheisworkingwithTerence ondevelopinganumberofcases ofsustainabilityinnovationin MNCsinChina. Teaching the Case Wedevelopedthecasebased onaMBAin-classdiscussionina selectivecourseofSustainability DevelopmentandStrategyat CEIBS. Oneoftheclassparticipants wasfromHongKongandhetold thestoryofHunghomPeninsula project. Boththeinstructorand otherparticipantsfoundthisstory interestingandthuswedecided todevelopthestoryintoagood teachingcasewithadditional 5 Spring2012Issue6|www. oikosinternational. org/academic 4. Whatwastheunderlyingcause ofthiscontroversialincident? (Bcase) 5. Whatwouldyoudoifyouwere thedecisionmaker? What bettermeasureswouldyou takeifyouwereinasimilar scenarioorinthefuture? (C case) 6. Thedeveloperschangedtheir mindin2weekstime. What areyouropinionsoftheirnew decision? Pleasecommenton theseactions. (Ccase) 7. Whatistheissueââ¬â¢simpact onHongKongââ¬â¢sbusiness environment? (Ccase) Favorite Cases Welikeusingtheââ¬Å"SinyiReal EstateinTaiwanâ⬠case(Ivey Publishing,9B08M77). Thiscase portraystheimportanceof corporatecultureandbusiness ethics. Italsogivesanexample thatafirmcanusebusinessethics asitsdifferentiationstrategy. ThecaseillustratesSinyiReal Estateââ¬â¢sinnovativeHRandservice practices. becomingmainstreamforthey notonlyhelpfirmsuseresources moreeffectivelybutalsopavethe wayforsustainabledevelopment. Successfulcasesinthisfieldare worthmorestudiesandsharing withothers. Case Purchase Information New Case Development. Wehavedoneseveralroundsof interviewswithGeneralElectric andPhilipsinChinatoinvestigate bothfirmsââ¬â¢greeninnovation processes. Currentlyandinthe future,eco-innovationsare Inspectioncopyofthecase ââ¬Å"HunghomPeninsulainHongKong: ARealisticCallforCorporate SocialResponsibilitiesâ⬠isavailable fromtheoikosCaseCollection. Thiscaseisavailableforpurchase fromecch:PartA(710-046-1), PartB(710-047-1)andPartC (710-048-1). 6 1 ââ¬Å"MECââ¬â¢sgreenroofamongothersâ⬠by416style. CreativeCommonsLicense. Attribution2. 5Generic(CCBY2. 5). Spring2012Issue6|www. oikosinternational. org/academic The ReUse People: Turning Scrap into Salesà by Charles Corbett The Case Story operations,butoftendonot havethefinancialslacktodoso. Second,thecasepresentsagood vehiclefordiscussingthetradeoffsbetweenvariousapproaches togrowth,oneofwhichisorganic, theotheravariationonfranchising. Thecasealsoshowshowgood managementsystems(inthiscase, fordeconstructionprocess,storage, logistics,etc. )canhelpavoidlarge amountsofwasteunnecessarily goingtolandfill. Manyofthe deconstructedmaterialscould besalvagedandsoldlocally,or inMexico,ordonatedtocharity (Habitat). TheReUsePeoplefilla needbyconnectingasupplyand ademandthatalreadyexistbutà indifferentplaces;onecanthink ofTRPasapipelinebetweenthat supplyanddemand. ââ¬Å"When I use the case at UCLA, Ted Reiff is usually able to join the class discussion, which naturally adds further insight to the discussions. Faculty teaching this case elsewhere in the US could consider inviting one of the regional managers to join the class discussion, to get deeper insight into how TRP is run. â⬠Thecasewaswrittentobeused inacourseonenvironmental managementor(social) entrepreneurship,primarilyto CharlesCorbett,Ph. D. ,isprofessor ofOperationsManagementand EnvironmentalManagementat theUCLAAndersonSchoolof Management. Hisresearchand teachingfocusonoperationsof entrepreneursandsmallbusiness, andonsustainabilityandoperations. Hisresearchhasbeenpublishedin theleadingjournalsinthefield, andhehasbeeninvitedtopresent over100seminarsandlectures atinstitutionsandconferences worldwide,includingoveradozen keynotesandtutorials. Hehas receivednumerousteachingawards demonstrateafewkeypoints. One istoshowhowsalvagingleftover materials(inthiscasebuilding materials)canbeturnedintoa viablebusinessmodel. Anotheris todiscussthechallengesfacedby anysmallorganizationthatplans togrowbutthatfacesfinancial constraintsindoingso. Forinstance, itiseasytoassumethatyouhave morecontroloverdeconstruction operationsifyouhireyourown crews,butthatassumesthatyou haveawell-runorganizationin whichmanagementinCalifornia canexerteffectivecontrolover crewsinChicago. Similarly,itseems plausiblethatyoucanexpand fasterbycertifyingothers,butthat assumesthatyoucanfindsuitable demolitioncontractorsinother partsofthecountryandcantrain andcertifythemfasterthanifyou weretoattempttohireyourown crewsinthosesamelocations. Purelybasedonfinancials,growing withTRPcrewslooksfarbetter, asTRPearnsmoremoneyon deconstructionwiththeirown crews. Giventhatthereisenough timetoexpandslowly,thenarrow financialpicturewouldfavor growingorganicallywithin-house crews,notjumpingintotoomany locationsatoncebutopeninga warehousewithatleast2-3crews inonelocationandmakingit successfulbeforemovingtothe atUCLA. Heiscurrentlyservingas DeputyDeanforAcademicAffairs (2009-12),andwaspreviously anAssociateDeanfortheMBA program. ProfessorCorbettholdsa Ph. D. inProductionandOperations ManagementfromINSEADin Fountainbleau,France,andaDrs. in OperationsResearchfromErasmus UniversityRotterdam(Netherlands). TheReUsePeople(TRP)case discussesanorganizationthat specializesindeconstructionof buildings,withtheaimofreusingas muchofthematerialsaspossible, hencekeepingthemoutoflandfill. Theorganizationisfacingaclassical growth-relateddilemma:should itgroworganically,keepingmost oftheworkin-housebuthence limitingitsgrowthrate,orshould itââ¬Å"franchiseâ⬠itsdeconstruction approachbycertifyingother companiesinthedeconstruction process? ThemissionofTheReUse Peopleissquarelyenvironmental, buttheorganizationisincreasingly aimingtoprovidesocialbenefits toobyreachingouttocommunity organizationsandproviding employmentopportunities. Atthe timeofthecasewritingTRPwas growingbycertifyingcontractors, partlyopportunistically,andthey havesincedecidedtokeepdoing that. Sincethecasewaswritten, TRPââ¬â¢snationalexpansionhas continued. Teaching the Case Thecasecanbeusedtohighlight severalpedagogicalpoints. First, thecasehighlightsachallenge commontomanysuccessfulnonprofitorganizations:oncethey growbeyondwhattheoriginal entrepreneurcancontrol,they needtobringinstafftomanage 7 Charles Corbett Spring2012Issue6|www. oikosinternational. org/academic nextlocation. However,consider TRPââ¬â¢smission:keepingmaterial outoflandfill. Tofulfillthat mission,TRPshouldgrowasfastas possible,consideringthefinancial considerationsasaconstraintrather thantheobjective. Thatargues stronglyforgrowingbycertifying contractors. Studentsusuallyenjoydiscussing thesetrade-offs,asthisdiscussion forcesthemtogettotheheartof theconflictbetweenTRPââ¬â¢smission andtheconstraintsitfaces. For variousreasons,TRPhasended upfocusingmoreonexpandingby workingwithpartnersandcertifying crewselsewhere,ratherthantrying tohireandmanagetheirowncrews alloverthecountry. Thereisaverygood30-minute videothatfeaturesTheReUse PeopleandthatIoftenshowin myclass. Itisoneoftheepisodes intheCaliforniaââ¬â¢sGoldseriesby HuellHowser(Californiaââ¬â¢sGreen #123-HOMEDECONSTRUCTION). Partofthevideoisalsoavailableon YouTube,andcanbeaccessedfrom TRPââ¬â¢swebsiteunderMediaCenter, Audio&VideoClips. WhenIusethe caseatUCLA,TedReiffisusually abletojointheclassdiscussion, whichnaturallyaddsfurtherinsight tothediscussions. Facultyteaching thiscaseelsewhereintheUS couldconsiderinvitingoneofthe regionalmanagerstojointheclass discussion,togetdeeperinsightinto howTRPisrun. featuringamedicaldoctorwho startsaclinicandsubsequentlya collectionofcommunityprogramsin atownshipinSouthAfrica). Thelast caseispartoftheoikosonlineCase Collection. New Case Development Forenvironmentalmanagementand socialentrepreneurship,Iwould liketoseemorecaseswithtangible takeaways,intheformsofspecific tools,checklists,etc. Inparticular, morecasesusinglife-cycle assessmenttoinformmanagerial decision-makingwouldbevaluable. Forsocialentrepreneurship,it wouldbehelpfultohavemorecases thatgetintothedetailsoftheââ¬Å"how toâ⬠:notjustfocusingonamajor decisionthattheentrepreneuris facing,butalsogettingintomore specificsonhowtheentrepreneur shouldexecutewhicheverstrategy s/hechooses. Favorite Casesà Otherfavoritecasesinclude FreeportIndonesia(RichardVietor, HBS,onsustainability,enablesgreat discussionsamongstudents),and Ndlovu:TheClockTicks(Charles Corbett&SarangDeo,UCLA/ Kellogg,onsocialentrepreneurship, Case Purchase Information Inspectioncopyofthecaseââ¬Å"TheReUsePeople:TurningScrapintoSalesâ⬠isavailablefromtheoikosCase Collection. PleasecontactCharlesCorbettforpermissionrights. Thiscaseisalsopartofthenewoikos CaseCollectionbook(Volume2):CaseStudiesinSocialEntrepreneurshipandSustainabilitypublishedby Greenleaf. 8 8 ââ¬Å"Deconstruction1â⬠byDiamondMoutain. CreativeCommonsLicense. Attribution2. 5Generic(CCBY2. 5). Spring2012Issue6|www. oikosinternational. org/academic News Case Writing Competitions oikos Case Writing Competition 2012 Weareverypleasedtoannounce thewinnersofthe2012oikos CaseWritingCompetition! Youcan downloadinspectioncopiesofthe winningcasesfromouronline casecollection. Corporate Sustainability track: FirstPlace: Mind the Gap: Royal Dutch Shellââ¬â¢s Sustainability Aagenda in Nigeria EstherHennchen(ESADEBusiness School),JosepMariaLozano(ESADE BusinessSchool) SecondPlace: Building and Scaling a Cross-Sector Partnership: Oxfam America and Swiss Reââ¬â¢s Empower Farmers in Ethiopia JonathanDoh(VillanovaUniversity),TedLondon(WilliamDavidson Institute/RossSchoolofBusiness, UniversityofMichigan)andVasilia (Lea)Kilibarda(WilliamDavidson Institute,UniversityofMichigan) ThirdPlace: Of Orangutans and Chainsaws: Cargill, Inc. Confronts The Rainforest Action Networkââ¬â¢s Palm Oil Advocacy RamSubramanian(MontclairState University) Runners-Up: Walmart: Love, Earth N. CraigSmith(INSEAD)andRobert J. Crawford(IndependentWriter) Sustainable Development at PepsiCo DebapratimPurkayastha(IBS Hyderabad)andAdapaSrinivasaRao (IBSHyderabad). Social Entrepreneurship track: FirstPlace: TerraCycle JanLepoutre(VlerickLeuvenGent ManagementSchool),StuartRead (IMD)andPhilippeMargery(IMD) SecondPlace: World Toilet Organization: Leveraging Resources for Social Impact ImranChowdhury(ESSECBusiness SchoolandPaceUniversity)and ThierrySibieude(ESSEC BusinessSchool) ThirdPlace: Crediamigo: Partnering with VivaCred? EmmanuelRaufflet(HECMontreal) andFredericLavoie(CECI) Runners-Up: Bio-Vert: Green to What Limit? CatherineBedard(Concordia University),GenevieveGrainger (ConcordiaUniversity)andRaymond Paquin(ConcordiaUniversity) Nuru Energy FilipeSantos(INSEAD)andAnneMarieCarrick-Cagna(INSEAD). Free cases /Teaching materials oikosFreeCaseCollectionnow comprisesthreecases:Better PlacebyDrorEtzionandJeroen Struben(McGillUniversity,Canada); LululemonbyAndreaErinBass (UniversityofNebraska-Omaha, USA);andPortlandRoasting CompanybyMadeleinePullman, GregStokes,PriceGregory,Mark LangstonandBrandonArends (PortlandStateUniversity,USA). BetterPlacecasewasfeaturedin Issue3(SustainableMobility)of oikosCaseQuarterly;Lululemonand PortlandRoastingCompanywere featuredinIssue5(Sustainable Lifestyles)ofoikosCaseQuarterly. Ifyouareafacultymemberand youareinterestedinteaching thesecases,youcanrequestafree teachingnotebysendingusanemail tofreecase@oikosinternational. org. CasePlace Search of the Week ââ¬Å"SearchoftheWeekâ⬠helps CasePlaceviewersquicklylocate teachingmaterialsthatrelateto currentevents. Themostrecent newsearchersareGreenBuilding andConsumerism. CasePlaceuserscanviewand downloadteachingcases,research notes,workingpapers, policyreports,essays,interviews andsyllabirelatedtothesetopics. ecch Case Awards 2012 Thisyearanunprecedented13 schoolsfrom7countriesin4 geographicalregionshaveproduced winnersinthe2012ecchcase awardsandcompetitions. The OutstandingContributiontothe casemethodawardwaswonby JamesAErskine,MichielRLeenders andLouiseAMauffette-Leendersof theRichardIveySchoolofBusiness. Visitwww. ecch. com/awards2012for moreinformationandtoviewthe winningcases. 10 9 Spring2012Issue6|www. oikosinternational. org/academic Winter2012Issue5|www. oikosinternational. org/academic Case Teaching Workshops ecch workshop: Teaching with Cases 27-29 June 2012 AESE,Portugal Thisannualworkshopisrunin associationwiththeRichardIvey SchoolofBusiness. Itdispelsthe mystiqueofteachingwithcases whilehelpingteachersavoid someoftheelementarypitfalls. Theframeworkoftheworkshop isbasedontheuniqueconcepts developedbythetutors. This 3-dayworkshopwillbeofbenefit toawideaudience,including: experiencedandinexperienced teachersinterestedinparticipatory learningandcaseuse;juniorand seniorfacultyfromanysectoror discipline. Fees:? 695/â⠬825non-residential. Feesincludecoursematerialsand lunches. ecchmemberorganisations receive10%discount. Aminimumof onesubsidisedplaceforparticipants indevelopingcountriesisavailable onthisevent. Moreinformationon theecchwebsite. speakabouttheirbusinessandtake questionsfromparticipants. With thesupportoftheeventspeakers, participantswillworkinteams throughaseriesofexercisesto completeacasedraftbasedonthe guestentrepreneurââ¬â¢sexperiences. Thecaseswillbelookedatbythe speakersandtheentrepreneuranda winningcasewillbeannounced. Fees:? 335/â⠬400non-residential. Feesincludecoursematerialsand lunch. ecchmemberorganisations receive10%discount. Aminimumof onesubsidisedplaceforparticipants indevelopingcountriesisavailable onthisevent. Moreinformationon theecchwebsite. ecch workshop: Aligning Your Teaching and Research ââ¬â The Potential of Case Studies 26 October 2012 Europe(venuetobeconfirmed) Atatimewhenuniversities areencouragingacademicsto strengthenthelinkbetween theirresearchandteaching,this workshopwillprovideaframework forusingthecasemethodinthis process. Bybringingresearchinto theclassroom,thetutorbenefits fromstudentinputandresponses, whilststudentsrespondwelltothe enthusiasmandvestedinterestof thetutor. Thisworkshopexplores theuseofcasestomaximisethe potentialofthelinkbetween researchandtechnique. Participants willworkthroughtheirown experiencesandopportunitiesina supportiveenvironment. Fees:? 335non-residential. Feesincludecoursematerialsand lunch. ecchmemberorganisations receive10%discount. Aminimumof onesubsidisedplaceforparticipants indevelopingcountriesisavailable onthisevent. Moreinformationon theecchwebsite. GRONEN ââ¬â Teaching Case Development Laboratory 28 June 2012 GRONENResearchConference2012, CouventRoyal,SaintMaximinla SainteBaume,France TheoikosFacultyDevelopment. Symposiumwillofferaplatform forreviewingkeystrategieson howcorporatesustainabilitycanà beintegratedintoteachingat businessschools. Professional DevelopmentWorkshop(PDW) 3ââ¬âTeachingCaseDevelopment Laboratoryââ¬âaimsatexchanging experiencesinusingteachingcases insustainability-relatedcourses,as wellasmainstreamdisciplinessuch ascorporatestrategy,marketing, entrepreneurshipandfinance. Theworkshopintendstogather scholarswithintheGRONENnetwork whoareteachingcasesor/and areinvolvedincasewriting. By includingexperiencedcasewriters andinstructorswewillexplore principles,methodologiesandtools forefficientcaseteachingand discusswhatanââ¬Å"idealâ⬠teaching noteshouldinclude. Pleaseregisterforthisworkshopvia GRONENwebsite. Case Writing Workshops ecch workshop: Writing Cases (Singapore) 11-13 June 2012 NationalUniversityofSingapore Thisintensiveworkshop,presented inassociationwiththeRichardIvey SchoolofBusiness,willbeledby oneoftheworldââ¬â¢smostexperienced casemethodtutors. Theworkshop aimstohelpparticipantswrite effectivecasesquicklyanddevelop skillstocreateamoreenriching classroomenvironmentfortheir students. Theframeworkofthe workshopisbasedontheunique conceptsdevelopedbythetutor. Eachparticipantwillberequired tocompleteapre-workshop. Cases and Entrepreneurship ââ¬â Making it Work for You 28 June 2012 CranfieldSchoolofManagement,UK Thisonedayeventwillbean opportunityforspecialistsof entrepreneurshipeducationtoshare theirexperienceofusingcases tomaketheirteachingengaging, participatoryandmeaningful. The programmeincludesanoverview ofusingcasesinentrepreneurship teaching;usingcasestolink research,teachingandpractice; designinganinstructorsââ¬â¢manual (teachingnote)toguideeffective caseteaching;andanentrepreneur spotlightââ¬âaguestentrepreneur fromanunpublishedcompanywill 10 11 10 Spring2012Issue6|www. oikosinternational. org/academic assignment. Thiswillinvolve conductingafieldinterviewwith acasecontactpersonandwriting theopeningparagraph(upto60 words)forapotentialcase. During theworkshop,eachparticipantwill completeashortcasebasedonthis interview. Fees:? 695/â⠬845non-residential. Feesincludecoursematerialsand lunch. ecchmemberorganisations receive10%discount. Anoptional socialdinnerwillbeheldon12June foranadditionalcostof? 30/â⠬40. A minimumofonesubsidisedplacefor participantsindevelopingcountries isavailableonthisevent. More informationontheecchwebsite. Cases that Sing in the Classroom: Insights into Developing and Teaching ecch workshop: Writing Cases (Portugal). 2-4 July 2012 AESE,Portugal Presentedinassociationwiththe RichardIveySchoolofBusiness,the workshopaimstohelpparticipants writeeffectivecasesquicklyand developskillstocreateamore enrichingclassroomenvironmentfor theirstudents. Theframeworkof theworkshopisbasedontheunique conceptsdevelopedbythetutors. Eachparticipantwillberequired tocompleteapre-workshop assignment. Thiswillinvolve conductingafieldinterviewwith acasecontactpersonandwriting theopeningparagraph(upto60 words)forapotentialcase. During theworkshop,eachparticipantwill completeashortcasebasedonthis interview. Fees:? 695/â⠬825non-residential. Feesincludecoursematerialsand lunches. ecchmemberorganisations receive10%discount. Aminimumof onesubsidisedplaceforparticipants indevelopingcountriesisavailable onthisevent. Moreinformationon theecchwebsite. briefoverviewoncasewriting programmesandexistingcase writingcompetitionswithafocuson sustainability-relatedcompetitions (e. g. EFMD,DarkSide,NextBillion, August 2012 (exact date to be oikos). InPart2wewilldiveintothe confirmed) practiceofcasewritingprogramsby AcademyofManagementconference sharingtheexperiencesoftheUNDP 2012,Boston,US GIMCaseWritingInitiativeandother ThisProfessionalDevelopment initiatives. Part3willbedevotedto Workshopwilltakeplaceatthe awrap-upa.
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