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This week's topic is functional strategies for competitive advantage. The chapter readings goes back to the “building blocks” of competitive advantage and shows how each drives functional alignment of its focus and strategy. Some functions, like the Controller, Legal, and Treasury, cut across all other functions and aren’t given much consideration. But the point is that each of these functions has to point toward commonly understood goals to improve efficiency, quality, customer responsiveness and innovation.
Think about a company you admire and the functional strategies it uses to support its business model and value proposition. How does it use its functional areas to support its overall strategy? What other functional areas serve to support its competitive advantage? Why has it been successful? What other areas could it emphasize to become more successful? Please include specific examples to support your comments.
The resources use data and statistics to support answers to the same question, but they reach opposite conclusions! The textbook authors use the Gini Index to argue that income inequality is increasing. Perhaps it could be said that statistics are..
In a real life situation, feedback from your business plan development team can be extremely valuable.
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Ralph has been an investment banker with Shark and Co. for several years. One of his clients, Doggy Dan Co. wants to go public. Doggy Dan Co. is a major supplier of medical equipment to veterinarians. Discuss and analyze what Ralph’s choices are and ..
As you begin to mature into your internship and master your given responsibilities, are there some other issues, ideas, projects, or activities going on "outside" of your Department in some other part of the organization that you would really like to..
Consider the table below. This time, the historical profitability of eight locations is listed in the table. Devise a regression equation
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