Describe herman miller''s strategy

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Reference no: EM131612733

Please do not just list questions and provide answers. Pretend you are writing to top management and making suggestions/recommendations based on these questions (answer each one in your write up): 3-5 pages long, double space, apaformat references.

  1. Describe Herman Miller's strategy. Is there evidence it has produced a competitive advantage and good financial performance? Explain.
  2. How have the company's values shaped its strategy and approach to strategy execution? Provide illustrations of how these values are reflected in company policies.
  3. How you describe HMI's financial situation? How does its performance compare to prior years? The competition?
  4. Until 2003, HMI offered lifelong employment. How did this practice affect the company's ability to staff the organization with managers and employees capable of executing the strategy? How did this practice build the organizational capabilities required for successful strategy execution?
  5. Do non-monetary incentives facilitate strategy execution at HMI? Explain.
  6. Describe the culture at HMI. Would you characterize HMI's culture as healthy and largely supportive of good strategy execution? Explain.
  7. What recommendation would you make to Herman Miller's CEO Brian Walker to improve the company's current financial performance? Does the company need to radically alter its strategy because of poor economic conditions? Should it improve its approach to implementing the strategy to reduce costs and improve efficiency? Explain.

Reference no: EM131612733

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