Precise Software Solutions Essay Example

Precise Software Solutions Paper For software to manage the performance of Oracle databases was one Of the largest segments Of the market. Competitors Revenue Products in performance (2000) software market Functionality Oracle Optimizer, as part Oracle BMW $10. 1 billion 1. 7 billion of its database package Patrol (created of Monitoring total revenue in 2000) ISIS million Quest (Booking) AS different products Monitoring, (S were relevant to Precise) Detection The major products Precise Software Solutions introduced into the performance management market were Precise/SQL, Precise/alienation and Precise/Pulse. Both Precise/SQl_ and precise/alienation offered the full range of functionality trot Monitor to Analyze. The functionality of these two products created competitive advantage for Precise Software Solutions, With the core-offering reduce, Precise/SQL, the company had built a strong reputation as a developer of high quality products. ! Consumer analysis: Database administrators (DAB) were the main targets for Precise Software Solutions. Dabs were the direct beneficiaries Of performance management software in firms. Thus, they were capable of recognizing the products value. However, many DABS were budget-limited when they purchase the product. They were only authorized to purchase a product range under $25,000. Close and VSP, Who could actually prove the purchase, were really hard to get in touch. Compared to Dabs, they were more likely not to purchase the products. Of the customer had been surveyed claimed, end-to. End response time was the important indicators of a systems effectiveness. We will write a custom essay sample on Precise Software Solutions specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Precise Software Solutions specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Precise Software Solutions specifically for you FOR ONLY $16.38 $13.9/page Hire Writer For the new end-to-end product, the principal demand would come from 4 firms investing money into enterprise-wide applications. ! Product analysis: The products of Precise Software Solutions were focused. Most of its major products were in the performance management and availability market. Precise/ SQL was designed to manage the performance of applications and utilizing Oracle databases. Precise/alienation was developed to monitor the database efficiency of large ERR applications, particularly those offered by Oracle and SAP. The leading vendor in storage device market was EMCEE. Precise/Pulse was built to monitor the performance of EMCEE storage products, Among 400 companies on the blue-chip client list, nearly 100% of the customers used Prà ©ciss products in conjunction with an Oracle database, These major products of precise Software Solutions were actually designed to support the utilization of their competitors products. As products of Oracle and EMCEE having more and more market share in the IT industry, Prà ©ciss product could gradually penetrate into the market. The new end-to-end product, Insight, was aiming at the unfulfilled consumer demand. It was designed to manage the performance Of entire IT system, Which actually delivering efficiency and effectiveness to customers. With a big amount of money invested in enterprise applications like ERP, CRM or supply chain management, efficiency and effectiveness were expected by users. The new end-to-end product, Insight, was needed to ensure such expensive applications running efficiently and effectively. ! Distribution analysis: There are three common channels for distributing commercial software applications such as direct sales, value-added resellers (Vicars), and systems integrators. It was very difficult to launch new product through the latter two channels, which represented a third party approach to selling. Direct selling was generally preferred for higher-price applications and those of which the value and sales process were more complex. Prà ©ciss competitors, BMW and Quest, sold their products into performance footwear market through direct sales channel: sales reps were the major sales force in the market. Precise Software Solutions sold its products through a duel- channel distribution system. About 55% of its revenue came from the direct channel and 45% came from the resellers. Promotion strategy: Reps were the main factor for Precise Software Solutions to sell its products. They were high motivated and professional to sell the products because of related training and high commission strategy. Precise purchased industry lists With the names and phone numbers Of key contacts in the target firms. Reps built very strong relationships With their DAB client s, which was the direct beneficiaries of Prà ©ciss products. DAB sometimes may not be able to make purchase dictions, however, they could influence the decision-making. Reps tried to get information from DABS and tried to keep good relationship with the diction makers. ! Pricing strategy: Other then the one-time license fee, recurring revenue was generated from most customers via annual maintenance and service contracts, which priced 15% to of the one-time license fee, Additional revenue from existing customers was IA product upgrades and cross-selling other products to satisfied customers. Software can generate revenue for a company in a long period of time, Average price of Precise SQL had been between $15,000 and 525,000 with average discounts around 25%. Giving discounts may allowed sales force to sell the products easier, since DABS can make their decision without being approved by the CICS or VSP In addition, they charged more for higher- powered computing environments, which meant that the price was actually based on the value the customers received from the performance management. Recommendations: The sales price of $250,000 Alone estimated was appropriate, since there was no direct competitor in end-to-end category. Besides, in the Hi-tech industry, the products update fast; thus the introducing price should be higher, because the price is only good as the technology last. The high price should be charged when customers still need the products. Precise Software Solutions should use direct selling channel for the new product, Insight. Insight being a $250,000 high priced solution with more complex functionality; a well-trained sales force will achieve better results. Like what they did for the Precise/SQl the sales team will then be able to gather more and more knowledge on end-to-end IT deployments at customer places, and suggest them best possible configurations for the insight solution. They can also accurately estimate their ROI resulting in better sales. Also, being new to market, Insight, is not mature yet, it would be hard to sell through third parties. However, all Of the recommendations above should be based on the full version of Insight. Most software sales over $25,000 require an executive approval. With a price Of $250,000, it is unrealistic to expect hat executives will commit such large amounts of their budget to an unfinished software solution.

Jianqiao RRR 1 Essay

Jianqiao RRR 1 Essay Jianqiao RRR 1 Essay Jianqiao (Irons) Ye Christy Krumm AE 20C / Reading Responsible #1 Revision #1 19 November 2014 In the article â€Å"A Visit To Grandmother† which is written by William Melvin Kelley, the author writes that Mr. Charles Dunsford is jealous of his brother GL Dunsford when their mother is telling the anecdote which was about the horse, GL and herself. During dinner, he complains that his mother often loves GL more than him. The astonished old lady tries to justify her behavior by arguing â€Å"I did not love any one of you more than any other!† (166). However, Charles does not forgive her at all and rushes away. In this article, it is easy to tell that the only similarity between Charles and GL is that they lived together until Charles was fifteen. When they were living side by side, Charles found that his mother always spent much time with GL and paid little mind to him. Thus, he left for Knoxville. Thirty years later, while Charles is dining with his family, the old lady is still talking about the anecdote of GL and she even asks Charles â€Å"You remembered how t ired we were, Charles?† (165) The old lady remembers most of the times playing with GL but she totally forgets that Charles is not present until he says â€Å"I wasn’t here at the time† (165) and â€Å"I left here in June of that year† (165). Although Charles’ mother says that she loves all her children even though she may treat them differently, I think that she loves GL more than Charles because despite the fact that Charles is much more

Assignment 1 Week 7 Essay Example | Topics and Well Written Essays - 500 words

Assignment 1 Week 7 - Essay Example The key elements that an organization must focus on to promote change are: Motivation: The employees need to be explained about the necessity of change and they must be convinced of the personal and professional benefits to themselves, as well as to their organization. In addition, management must realize that work will slow during the transitional process. Proper training to employees about the changed process and work will help the employees to overcome the hindrance towards change. Changes require working with the latest tools of persuasion, negotiation and learning: Persuasion needs a user-friendly approach. User-friendly in this context means giving employees an opportunity to vent, to express their own ideas and to make mistakes. It means that managers involved in the process must remain positive and approachable, and have an encouraging demeanor . Rewards: By rewarding success, employees will create internal champions from among those who are higher risk takers and more aware of the value of the new outcomes. Promote changes with workshops: Part of the change process involves conducting teambuilding and management development workshops to promote change, get input on needs and work with different management styles.

Cancer Essay Example | Topics and Well Written Essays - 1000 words - 4

Cancer - Essay Example Cancer was initially completely untreatable. With medical advances, such as autopsies, anesthesia and the microscope, scientific oncology was born. Finally, in the eighteenth century, the understanding of molecular epidemiology led to the modern study and treatment of cancer (American Cancer Society). The origin of cancer lies in abnormal cell division. In normal cell division, new cells are produced as and when needed for a healthy body and when cells become old or damaged, they die and are replaced with new cells. Sometimes, there is damage to the cell DNA, the basic material in genes. These defective genes may be caused by mutations or may also be inherited. Instead of dying, these damaged cells lead to the formation of groups of malignant clones, or duplicates of the abnormal cells. These groups form a mass of tissue called a  tumor. A benign tumor is harmless and its cells do not spread to other parts of the body. A malignant tumor is cancerous. Its cells invade adjoining tissues and spread to other parts of the body in a process called metastasis. Cancer cells spread through the blood and lymph systems. There are more than 100 different types of cancer. The main types of cancer are: Carcinoma - cancer which originates in the skin or the lining of tissues; Sarcoma – cancer which begins in in bone, cartilage, fat, muscle, blood vessels, or other connective or supportive tissue; Leukemia – cancer in the blood and bone marrow; Lymphoma and myeloma  - cancers that begin in the cells of the  immune system; Central nervous system cancers  - cancers that begin in the tissues of the brain and spinal cord (National Cancer Institute). The types of cancer are named according to the name of the organ or tissue in which they originate. The main types are: Adenoid Cystic Carcinoma, Adrenal Gland Tumor, Amyloidosis (blood), Anal Cancer, Appendix Cancer, Astrocytoma

An evaluation of the recruitment strategies at HiTec Essay

An evaluation of the recruitment strategies at HiTec - Essay Example If HiTec focuses on recruiting graduates to fill these vacancies, they will require training to keep up with the fast-paced evolutions in technology that support business operations as graduate maintain limited experience in modern IT. As illustrated by Gustafson (2002), this can be very costly from a financial perspective without guarantees of return on investment in a business environment where many graduates recruited struggle to keep up with the pace of technology development. Therefore, it is more conducive to keeping recruitment efforts low-cost, which makes recruitment of high-skilled employees already working in competing companies more viable for HiTec as this strategy reduces the need for ongoing and costly training to ensure recruited graduates are capable of keeping up with the pace of technology development. Primary issues facing HiTecHiTec currently has an insufficient recruitment methodology, consisting of headhunters and newspaper advertisements. Whilst this strategy brings the organisation thousands of applicants, these advertisements are not grabbing the attention of high-skilled employees with strong skills in advancements in modern IT technologies. Hence, for all of the time invested sorting through these applications, the company still maintains vacancies as not all applicants maintain the proper skill-sets needed to give the organisation competitive advantage. With headhunters representing such high costs without guarantee of return on this investment, the business maintains opportunities.

Analysing The Performance Of Aegon Group Business Essay

Analysing The Performance Of Aegon Group Business Essay AEGON Group is world leader in financial services business which provides life insurance, pensions, long term savings funds and investment services and products. AEGON Group has 30000 employees and serving over 40 million customers globally. AEGON Group provides services and products over twenty five countries globally United States, United Kingdom, Europe and Asia. By 1994 AEGON started relationship with Scottish Equitable, which was very popular and well known name in the United Kingdom as a financial service industry. Scottish Equitable founded in 1831. By 1998 AEGON had taken complete control of Scottish Equitable and Scottish Equitable was rebranded as AEGON Scottish Equitable in 2006. After two years the Group extended its businesses in the United Kingdom and bought life insurance operations of Guardian Royal Exchange. AEGON main customers are United States, United Kingdom and Netherland. AEGON withdrew some business from Belgium and Greece, also general insurance from the Unit ed Kingdom market and healthcare sector from Netherland. The Group also sold its stake in FGH Bank and merchant bank Labouchere. The result was a more efficient and better concentrated organization. AEGON playing very important role in its markets just not in United Sates, Netherlands and United Kingdom but also in new markets of Asia, and central part of the Eastern Europe as well. AEGON is listed on the stock exchanges of Amsterdam, London, New York and Tokyo. Task -1: Explore the background to change affecting the current organization. P -1.1 Discuss the background to change that exists in today economy. Change is a powerful force or an engine that drives many segments of our economy. Mostly forces of change provide us as contractors with new projects to build and older buildings to modify or amend. Changing is truly the lifeblood of our businesses and our economy. The forces of change are also more subtle and pervasive as its affect our economy, our businesses, our jobs and even our daily lives as well. We might easily recognize changes as progress in physical world of production, but maybe we fail to recognize other forces in our economy, our businesses, our jobs and even our personal lives. Failure to recognize force of change can only lead in downward spiral to lower efficiency, lower profitability, lower productivity and lower personal in-effectiveness. Change is continuous adoption of organization strategies and structures to changing external environment. Today change is ongoing process in our economies, our businesses, and our lives. Change that exists in todays economy The competitive pressure forced the changes bring into our economy. There are several major forces for changes that exist in today economy and financial sectors. These forces are: Bureaucracy Environment changes Climate change Economics changes Political changes Technological changes Personal behaviours changes Changes in turn started the industry globalization We can see incidents in past changes the businesses and economic environment which is responsible for changes exist in current economy. Bureaucracy effect in our organization and economy because management were use resources to person needs rather than organization goals. Max Weber saw bureaucracy as the most rational and effective mode of organizing the activities of large numbers of people because it ensured decision-making according to general rules rather than the whims of officials, cultivated trained experts, and reduced the possibilities of corruption and nepotism. Weber, M., (1979): Economy and Society, in: Journal of an Outline of Interpretive Sociology, Volume 2 The global economic crisis that started in the US in 2007 and spread around the world in 2008 was preceded by large imbalances in global capital flows. The economic crisis has changed world economy during the past year alone, slowdowns economic growth. The IMF says this represents By far the deepest post-World War II recession with an actual decline in output in countries making up 75% of the world economy BBC News. (April22, 2009): (Online). Available at: www.bcc.co.uk The evidence shows that ignoring climate change will eventually damage economic growth. Our actions over the coming few decades could create risks of major disruption to economic and social activity, later in this century and in the next, on a scale similar to those associated with the great wars and the economic depression of the first half of the 20th century. And it will be difficult or impossible to reverse these changes. Tackling climate change is the pro-growth strategy for the longer term, and it can be done in a way that does not cap the aspirations for growth of rich or poor countries. The earlier effective action is taken, the less costly it will be. NICHOLAS STERN, STERN REVIEW: THE ECONOMICS OF CLIMATE CHANGE LONG EXECUTIVE SUMMARY ii (2006) Economy growth slowdown, unemployment is up, house price fall down and these changes, changed people mindsets and their spending habits in order to survive this difficult time. Managers across the UK, meanwhile, have accepted their own redundancy as inevitable, according to the Chartered Management Institute. Those factors are cause to a lot of stress for us all our society and individually. There also In near past the world economy was not good even before September 11.Synchronized growth slowdowns and in the case of recession in Japan were already under Way in the US, Europe and Japan, while developing countries were facing weaker export demand and increasingly difficult financing conditions. After the shock of September 11 have changed the picture, increasing the already significant downside risks to world growth Fischer, S., October 18, 2001: International Monetary Fund. 32nd IAFEI World Congress, Cancun, Mexico The Changes in the political environment is also one factor to change in today economy. It is difficult to say that these changes are simply short-term reactions to a major shock or amount to new and worrisome trends. At the very least, the balance between political and economic forces has been significantly altered. Because political support for globalization was at best shallow while the global economy was in a buoyant state, this suggests the pendulum is now swinging in the opposite direction. Against this background, two lessons from history are worth keeping in mind. One, dismantling protections takes time. It took several decades for many of the trade barriers erected during the interwar period to be brought down. Second, even if a important part of the progress in liberalizing trade in recent times has been institutionalized and strong reversals à   la 1930s are not likely, the downward spiral of protectionism acts fast. Ferry.P.J Santos.I, (March2009). FD: Volume46, Number1 The technology is posing major challenge to todays economy that is information technology. The information technology of the computer and internet services has and will continue to changes the economy. In the world of economics, globalization is reflected in the increasing the acceptance of free markets and private enterprise as the principal mechanisms for promoting economic activities. Its growing importance is captured in such indices as trade in goods and services, private capital flows in different forms, foreign investment, information technology transfers, operations of transnational enterprises, business travel and communication, and migration and remittances Dunning, J. H. (1993): The Globalisation of Business. Routledge, London. As Labovitz Rosansky point out personal behaviour Psychologists have long recognized that human beings like people who are like themselves and tend to reject people who are different from them. So far organizations continue to create changes between people interest of efficiency. Line versus staff, management versus labour, field versus corporate, internal versus domestic, East versus West, accounting versus sales- the list goes on. No wonder it so hard to focus people around familiar goals when they are so different from each other simply by virtue of what they do and where they do it. Specialization and knowledge can be a wedge that drives people future apart and makes it difficult for them to work together Price, A., (2007): Human Resource Management. 3rd Ed, p281 Several commentators have drawn attention to the analogy with the effects of natural disasters like the Kobe earthquake in Japan that barely show up in the national accounts. It is the indirect effects that will matter most, in particular, in the short-term much depends on the effects on consumer and investor confidence and spending, which were already under strain and have been strained further by the attacks Fischer, S., October 18, 2001: IMF, 32nd IAFEI World Congress, Mexico. AEGON UK chief executive Otto Thoresen says The economic environment is challenging but we have a strong team to take us forward through the next phase of our development Many changes affected the AEGON, UK environment in recent years. These are few changes; External factors In the UK, life expectancy has increased in recent years hence people can expect to be retired for longer. In many cases, individuals have not planned properly for retirement and there may be a shortfall in the amount of money available. AEGON UK have introduced new less expensive pension schemes or insisted on employee pension contributions where they did not in the past. In an economy closed to external equity investors, such as the UK before 1979, the decline of defined benefit pensions would have been a disaster. The cost and availability of equity capital would have reflected the reduced flow of funds into the equity market. This potential concern became irrelevant as a consequence of the lifting of exchange controls and the globalisation of capital flows, which made the market more efficient while putting downward pressure on the cost of capital. Plender, J., (2010): The pensions shake-up heralds equity demand change. The Financial Times Private pensions The government pensions were very small and also government want to decrease the dependency on the state in old age. The government also have introduced private pension schemes to deceased the dependency on the state. Pension funds are increasingly being asked by politicians, non-governmental organizations, campaigners, and pressure groups to mobilize their financial clout more actively and to take their responsibilities as corporate owners more seriously. The chances are it could change from being asked to being required. Fraser, I., (2010): Pension funds search for climate change risks and opportunities Falling vales of shares The current economic downturn situation affected the company shares values, which reduce the returns on the customers investment. Customers getting less than they were expected for their investment, also people had a negative impact on pensions as well. Competition AEGON is in competition with other organisations which are selling directly to customers and those competitors also well known in United Kingdom. Also AEGON has had very poor reputation in the insurance and pensions industry in recent years. P -1.2 Evaluate the strengths and weakness of the organization. Strengths The strengths of an organization are those things that it does particularly well, especially when viewed against the operations of its competitors and also its weakness areas in which it is less strong than the competition.  ¨ AEGON had historically been successful AEGON had historically been successful but government imposed price controls had reduced profitability. Compared to its competitors, AEGON was not well known by consumers. It had developed good products and services and had a good reputation with distributors, particularly in the area of pensions which were a key strength of Scottish Equitable.  ¨ Developed good products/services AEGON developed a range of products and services to individuals, corporations and institutions. Most of these products and services fall into one of the following three categories: Life insurance Pensions Long-term savings and investments products  ¨ Good reputation with distributors Compared to its competitors, AEGON is well known and had a good reputation with distributors, particularly in the area of pensions which were a key strength of Scottish Equitable.  ¨ Customer focused organisation AEGON UK is a customer focused organization as AEGON CEO (Otto Thoresen, 2009) pointed out that We work to help keep customers needs /wants at the heart of all developments and to make sure that financial service industry works with customers to give them what they want/need and we offer the best products and services from their point of view.  ¨ Reflecting local knowledge and global power Scottish Equitable is now AEGON Scottish Equitable reflecting both local knowledge and global power. All the brands now bring a new common look which is refreshing and different.  ¨ AEGON provide the levels of return promised AEGON UK Ltd is also providing the levels of return promised and being responsible for any risks associated with doing so.  ¨ Provide products/services different levels of income for the consumers AEGON Ltd have contractual measures in place to help those customers who find themselves on low incomes and, often through no fault of their own, are unable to maintain premium payments. These measures include introducing lower premium payments, grace periods and loans or, in some cases, reducing the coverage offered by a particular policy. Weaknesses The weaknesses of the organisation are matched to the opportunities and threats that may affect the organisation and which come from the external environment.  ¨ Not well known by consumers in the UK AEGON was not well known by consumers. It had developed good products and services and had a good reputation with distributors, particularly in the area of pensions but not well known directly by consumers.  ¨ Had poor reputation in life insurance and pensions industry The insurance and pensions industry, in which AEGON operates, has had very poor reputation in recent years.  ¨ Not providing consumers with best products for their needs The AEGON Ltd is not providing the products and services in a way that genuinely meets consumer needs/wants, and also not regulator by government.  ¨ Difficult to understand financial services products Financial services/products are hardly to understand. People do not always feel which range of financial products/services they need and also are not sure where to seek support and advice.  ¨ Wide problems to remain competitive The insurance and pensions industry have been characterised by intense competition. AEGON is in competition with other organisations which are selling directly to consumers and which are also better known in the UK.  ¨ Not selling directly to customers AEGON Ltd not sells product direct to consumers, they sells products/services via salesmen, agents or brokers which sometime involves mis-selling of its products/services. P -1.3 Compare alternative forms of organizational development. When we promote the idea of making consumer aware of the organizational change, it becomes organizational development. Generally, the organizational development is considered as a method of arrangement, suitable with the contemporary requirements of the organization and also being able to fulfil the future requirements that cannot be distinguish. After reading the case study of the AEGON Ltd, The plan appears to be the organizational efficiency and effectiveness from top to bottom level. The company led by its new CEO has new objectives such as: Defining the view of where company stand. Defining how the company will stand in the future. Defining the policies and standards to reach the future goals and objectives. The purpose of the company was self analysis by defining goals, targets and objectives, how to reach them and what the management is doing to achieve these goals and objectives. AEGON took a brand audit to find out the answers of these questions and the result of the audit reveals two steps How was the company positioned? How was the competitor of the company positioned? By the audit, the new CEO came to know that there is a need for formation of the new approach (play in the market). The staffs were adopted with the innovation and well organized communication system. Additionally, self analysis has helped new CEO to position a fresh plan to craft progress. The new plans resulted for the organization to involve in the following strategy steps: Simplify financial service and provide more focus. It was important that consumers understood more precisely what they were buying as well as the benefits and services they received. By making products and services clear to the consumers, to many of goal organization achieved and too many very important stakeholders introduced to the change. Both of the stakeholders (government and consumers) are aware and happy, because of services provided by AEGON, these steps were taken for the customer to make them aware and solve problems. Develop the workforce. The objective was to develop the skills, needed within the business and to involve the stakeholders in process of change, by providing them training and skills. Therefore, AEGON also created new opportunities for stakeholder to progress from one job to another job by developing and promoting the careers of work force. This helps AEGON to attract more customers and have competition. Organizational culture may include such things as, confidence to innovation, decisions and trust for production and quality. The model, implemented by new CEO of the AEGON, brought positive change in the organization and gave new direction to the company. Fundamentally, representation of simplify system with regard to the AEGON can be evaluated as follows; Analysing the factor affect the organization Organizational performance and future plans are constantly affected by the external and internal environmental factors. For success in the present world, one need to consider not only the internal environment of the organization consisting of its resources and employees, but needs to consider the external factors as well. These facts cannot be stopped but can adjust accordingly as per the changes in the political, economical or social pressures. These are the external aspects which consist of: Competitors or Opponents The change in the economic structure The Impact of the society/culture Financial agreements Political or Legal system Impact of the environment Analysing the weakness and strength of the organization A range of organization functions which determine an organization strength and weaknesses include production function, management function, Research and Development, marketing function, sales function, HR function, procurement function, logistics function, and various other departments within the organization. For example, organization strength can be derived from the excellence human resource in the organization which might not be present in some of the competitors in the insurance and pensions industry. One more example includes marketing function i.e. if an organization is not effective in marketing efforts, competitors may take advantage of the firms weakness. So AEGON Ltd need highly competent in achieving competences in all these areas of business in order to be successful in the business environment. Determine the goals and objectives of the organization It aims to boost organizational performance by aligning goals and objectives throughout the organization. Ideally, employees get key input to identify their objectives, time lines for completion etc. Management by objectives to be effective, individual managers must understand the specific objectives of their job and how those objectives fit in with the overall organizational objectives set by the board of directors. Involving the stakeholder to process of change Involving the stakeholder, how well does the organization Involve stakeholders in problem solving? Keep stakeholders informed of status towards organizational objectives? Act on feedback from stakeholders? Mobilize the right resources at the right time to adopt the implementation initiative? Create a critical mass of effort by impacted groups to propel the change? Strength Risk Dr. Baba, M., (2005): Change Management. The Defence Logistics Enterprise. Transforming Organizations in the Information Era. Enterprise Integration Group Creating new culture in organization Changing culture in organization helps to improvement organizational objects. Changing culture involves changing the basic values, beliefs, norms, etc., with the individuals of the organization in order to improve overall organization performance. Whether or not it is possible to fully manage change, we believe that being very clear about what changes are required and being very intentional about building a culture that supports the new mission, goals, strategies and practices increases the probability of success exponentially. This necessarily involves a large cross section of the organization in assessing the current system of norms and beliefs, determining what changes are needed, and designing an implementation plan ( Shorb, J.K and Jones, M.D. 2009 ). The result of the change was increase in the efficiency and effectiveness, the company improve its strengths and over comes its weaknesses, the pattern of the behaviours and business culture was developed in the organization and base of the organization to learn from its experiences was forms. Task -2 Develop systems for understanding and involving others in the process of change. P-2.1 Identify systems to involved appropriate stakeholders in the introduction of change. Stakeholder is someone who has some stake or interest in the changes and development of the organization, such as share holders, employees, government and customers. The new CEO consulted with different stakeholders of the company and then formulates a plan of action which includes following aspects: Simplify to financial services and customer focus It was important that consumers understood more specifically what they were buying, as well as the benefits and services they received. The new CEO make understandable to customers, what were company services and products, and what we going to invest and also what will possible to investment returns. Both of the stakeholders and government were unhappy because services and products were not good but after this step taken by new CEO to clarify methods and they become more aware to this regard and problem has been solved. Developing the workforce The purpose was to develop the  skills  needed within the company to help it change. AEGON also created opportunities for progression from one job to another job and usually one service to another service. Creating a distinct market place for the organization Create a more different presence within the marketplace. This involved refreshing the AEGON  brand in a means that made it more distinctive from its competitors and more attractive to his  consumers. The new CEO has taken some steps in following ways. External promotional: External promotional campaigns emphasised the relationship between Scottish Equitable and AEGON. This helped to support the local familiarity and the global power of the Organization in UK. The CEO talked to media: The new CEO talked to media about the refreshing of the brand internally and externally resulted in strong positive response. AEGON has launched new and innovative products: AEGON has launched new product e.g. the five for life pension has helped to change the way in which consumers can look at their retirement income. AEGON provide more certainty about the levels of income for customer, with providing the levels of return promised. P-2.2 Analyse and evaluate these systems. The change in the system of the organization brought positive influence internally and externally. The big challenge was to convince the stakeholders, the importance of the change in the organization. For the achievement of this objective, new CEO manoeuvre from improving skills of the workforce, he linked this growth to certain behaviours: These eight behaviours are; Think customer Embrace change Encourage excellence Act with integrity Decisive action Work together Learn and grow Relate and communicate Customers less awareness is one another reason of the change in the organization, this was also reason of the government increased tax impositions. As result of this, the company was losing customers. Knowledge of the service and product was made available through AEGON information system. Training and retraining of the employees was another aspect of the change. Finally, the company has to regain its reputation and built a brand name for its stakeholders, and the CEO responded to this challenge by bringing well known brand shares which recognise AEGON in front of its stakeholders. Furthermore, AEGON moreover revive its brand name to hold its market position though merger with Scottish Equitable (now known as AEGON Scottish Equitable), which gave company a new look. Task- 3 What were the models implemented for ensuring ongoing change. P-3.1 Adapt an appropriate model for change. The model, implemented by new CEO, brought positive and contrastive change and gave company new direction. The CEO already mentioned the performance of company through reforms in culture. As mentioned previously, both of the stakeholders (government and consumers) are aware and happy because of services provided by AEGON. These steps were taken for the customer to make them aware and solve problems. With regard to AEGON model, implementation will bring some changes which can be categorised: Analysing the factor affecting the organization. Analysing the weaknesses and strengths of the organization. Determine the goals and objectives of the organization. Involving the stakeholder to process of change. Creating new culture in organization. As Kotter, (1995) describe in Leading Change helpful model outlines an eight step process with suggestions to help organizations transform. Kotter model is useful in understanding that the change process takes time and is not something that happens immediately. It is important for program leaders and communications staff to understand that the steps needed to support any transformation plan takes place during all stages of project. Each step acknowledges a key principle identified and people can see changes, feel the changes. These eight steps: Increase Urgency AEGON pensions provider has suggested that the issue of the government helping public to put money away for retirement is of greater urgency now than it ever has been. (AEGON UK chief executive Otto Thoresen. 2010) Build the Guiding Team Get the guiding team to create the right vision and strategies to guide action in all of the remaining stages of change. This is a difficult and increasingly complex market in which AEGON Ltd is committed to offering adviser partners the ongoing help they require. We are confident that we have developed an investment proposition that meets the needs of advisers and their clients now and in a post RDR world. (Andy Marchant., 2009. Life and Pensions Marketing Director at AEGON) Get the Vision Right A shared sense of urgency for change may push people into action, but it is the vision that taking them in the right direction. A good vision offers a compelling, motivating the picture of the future and serves several important purposes. Communicate for Buy In Communicate changing vision and strategies to create understanding and buy-in Keeping communication uncomplicated and heartfelt not complex and technical Know what your individuals are feeling Speak to anxieties, confusion, anger, fear Empower Action Empower action mean is a deal effectively with obstacles that block action, especially disempowering bosses, the wrong performance measurement and reward systems, lack of information, and lack of self confidence. Create Short Term wins A short term win boosts employees confidence in the process, helping to make their efforts seem worthwhile, and gives the people responsible a chance to relax and enjoy their achievements and also link achievements back to the original vision, quieten the cynics and resisters and strengthen support from organization. Consolidating achievements and progressing Continuing with wave after wave of change, not stopping until the clear vision is a reality no matter how big the obstacles. Make Change Stick Change simply sticks when the people it affects are involved. All change is either rejected or embraced by the employees who have to live with its outcome. So its always better to involve those people in the process of change and pay close attention to their hopes and fears. P -3.2 How was the plan implemented, its process and outcomes. For successfully manage change processes, it is required to analyze the phases of the process. Managers want to know in which phase they have to anticipate and what types of problems. Most successful organizations are able to adjust themselves to new conditions quickly. This needs to learn planning processes that lead to improved organizational values. Consumers were confused before the model implemented what AEGON was. The outcome of model implement for change was extremely positive and successful. It helps to recognise the company strength and weakness and its also shows that global scale was important and local brand expertise as well. AEGON brand was not promoted alongside the Scottish Equitable and not well known in financial service industry. With a new Chief Executive of UK in place 2005 of AEGON put a new plan (model). The purpose of this model implement was to meet the CEO objectives and goals. Before implement to change AEGON was unknown in the United Kingdom, much less popular in consumers and product or services offer by the company not good enough. But after the implementation of changes AEGON became very popular brand in the United Kingdom and business started growing as well. Now the alliance with AEGON is much stronger. E.g. Scottish Equitable is now AEGON Scottish Equitable thus reflecting local knowledge and also global power. In order

Female Ideals and Their Roles in Icelandic Society Essay -- Iceland Wo

Female Ideals and Their Roles in Icelandic Society Female ideals in medieval Icelandic society revolved around a woman's behavior and actions in her marriage, work, and family domains. The historical background of Icelandic women, women’s general function in society, and the roles of female characters in the Icelandic sagas provide hints towards the common attitude towards women of the time, that is, how women were expected to act, what they were expected to do, and essentially, what the ideal woman was. To examine what an ideal Icelandic woman would have been like, it is first necessary to look at some background information on the life of women in the period. While women were nowhere near the status of men in terms of the amount of power they had, they did enjoy a lot more rights than other women in medieval Europe (Simpson 129). A woman could own her own property (Simpson 128). Being able to manage her own property and refuse a second marriage, widows enjoyed the most independence (Simpson 129). At the same time, there were many things a woman could not do. For example, a woman could not vote at the Thing, be a judge, or conduct her own lawsuit. The approval of a father, husband, or other male guardian was needed for a woman to buy or sell anything above a low value (Simpson 128). While a woman did not have power over other people, especially men, she did have power in her own domestic sphere to make decisions in the household (Dommasnes 71). In her essay "Women, Kinship, and the Basis of Power" Liv Helga Dommasnes states, "As managers of all kinds of farm products, such as food, textiles, and hides, it was in the hands of the wife to see to it that the often quite big household of many generations, serva... ...sible to get a very clear picture of women in Icelandic society through the sagas alone, the coupling of historic background with the sagas provides a clearer image of the ideal woman - strong, confident, married or widowed, loyal to her family, concerned with her family's honor, and an extremely hard worker. 12 Works Cited Dammasnes, Liv Helga. "Women, Kinship, and the Basis of Power." Social Approaches to Viking Studies. Ed. Ross Samson. Glasgow: Cruithne Press, 1991. Jochens, Jenny. Women in Old Norse Society. Ithaca: Cornell University Press, 1995. Simpson, Jacqueline. The Viking World. New York: St. Martin's Press. 1980. The Sagas of Icelanders. Ed. Thorsson, Ornolfur. New York: Penguin Group, 2000. Sawyer, Birgit and Peter. Medieval Scandinavia: From Conversion to Reformation, circa 800-1500. Minneapolis: University of Minnesota Press, 1993.

Research in motion, strategic analysis

RIM Ltd. Is now in a dilemma of how to attract customers and recapture the market share to be the best one in the cell phone industry. The purpose of this report is to offer RIM Ltd. With the directions that it requires to achieve its business culture of â€Å"meeting the need of people who want simplicity, easing of use and speed, without having to think twice about it†. (Research In Motion Ltd, 2012) This report will make a comprehensive analysis of the current competitive situation of RIM Ltd. And the factors that affect its development.Then the business level strategies and corporate level strategies will be given so as the RIM Ltd. Can improve and maintain Its sustainable competitive advantages, becoming more competitive when compared to Its competitors. This report Includes specific Information regarding RIM Ltd. ‘s history, Its current competitive situation analysis, forward 5 year business environment and proposed strategic adaptation. The business and corporate level strategies will help RIM Ltd. Obtain its company goals and get a better development in the future. TABLE OF CONTENTS Introduction 1 Company History and DescriptionCurrent Competitive Situation Analysis 3 Industry Analysis Competitor Analysis Business Level Strategy research in moot Executive Salivary According to their website, RIM) is a Canadian wireless headquartered In Ontario. Can famous as the production of TTT Motion Ltd. 20 2) With the industry and the development corporations enter into the Mac how to attract customers and r cell phone Industry, The PU directions that it requires to AC people who want simplicity, EAI about It†. (Research In Motion analysis to the current compete development, Then the business he given so as the RIM Ltd. AR advantages, becoming more c port includes specific_ Inform competitive Situation analysis, strategic adaptation, The busily obtain its company goals and 1 Company History and Descried Current Competitive Situation Cost Leadersh ip Differentiation Corporate Level Strategy 8 Five Year Projection of Business Environment 11 Market Analysis Market Competitive Analysis Market Needs Strategy and Approach to the Market strategic Model – SOOT References 19 Appendices Appendix A – Group Contract Appendix B – Reflexive Assessment of Group Process Appendix C – Tables and Figures The purpose of this report is to objectively analyze listed Canadian Corporation. Research In Motion Ltd. Strategies are analyzed. Then the purpose is to usage corporate level strategy for Research In Motion Ltd. O its existent dilemma and keep its industry-leading POS History And Description Research In Motion Limited (RIM) (TTS: RIM, NASDAQ wireless and telecommunication equipment company. Canada and employs more than 17,000 people. It is FAA tablet and BlackBerry smartened. (Research In Motion products and services include the following: applicant communication devices, convergent devices phones, s BlackBerry wir eless platform. (RIM Company, Products, in Europe, North America, and Asia Pacific. Mike Lazars Company, 2012) and served as its co-CEO along with J then the new CEO is Thornton Hein. (Research In Moot company changed its focus from working with pagers communication.In 1997, RIM was listed on the Toronto $150 million in a public offering, (Research In Motion, releasing of the BlackBerry, a wireless handheld com line display and allowed two-way paging and basic me nominated as one of â€Å"Canada's Top 100 Employers† b company was listed on the NASDAQ stock exchange in the USA in 1992, raising $250 million at the same time. In the same year, the company launched its iconic reduce—the BlackBerry 850 Wireless Handheld, which integrated wireless data networks, email, and a traditional QWERTY keyboard in a hand-held device. The BlackBerry caused an enormous sensation. The marketing demands extremely excel its supplies. As the introduction of the 850, RIM became the world's fastest growing company, at least according to Fortune. (A History of RIM†¦ , 2007) With the upgrading of voice and data transmission of the Blackberry, the smartened began the revolution.The company laid off about 10 percent of its workforce because of massive operation losses. After the massive loss in fiscal 2003, RIM start to return to reparability by 2004 (March 1 , 2003 to February 28, 2002) because of continuing strong sales. Afterwards, BlackBerry surpassed one million subscribers all over the world. By 2010, RIM still controlled 10. 4 percent of the smart phone operating system market. (Research In Motion. Ltd, 2011) However, the good situation of RIM was not lasted too long. With the Apple and other product entering into the market, RIM is facing massive challenges. The top three competitors of RIM are Apple, Samsung and Google according to the statistics in Appendix C. Appendix C, Figure l) The company's uncial conditions experienced great challenge in 2011. RIM miss ed its earnings forecasts and delayed its product launches, which led to the share price plummeting. (Research In Motion, 2012) Owing to the declined performance in summer 2011, many employees left the corporation. The company eventually had to cut 2,000 positions for the voluntary exodus in the mid-year. (Marrow, l, 2011, P. 81) To change the dilemma of RIM, the CEO Thornton Hein announced a new SO, BIO, which he felt would â€Å"reverse RIM' s fortunes. â€Å"(RL Ltd, 2012) The new mobile phone with B 10 will be release in the beginning of 2013. We hope that Blackberry 10 could bring opportunity to RIM.With the business culture of â€Å"meeting the need of people who want simplicity, easing of use and speed, without having to think twice about it†, we look forward to seeing the BlackBerry 10 could enhance the sales of RIM and let RIM go up to the first-position in the telecommunication industry. Current competitive Situation Analysis â€Å"Economics define an industry as a group of firms that supplies a market. (Grant, 2010). † Since the prevail and convenience of borderless communication, many districts and countries without cell service in the last years are now provided with electrification because of the large efforts of big corporations, such as Samsung, Monika, LET, Motorola, TCL, LAG, Apple, RIM, Compel, Aroma, Sony, Hawaii, etc. As the progress of the mobile phone, the standard is also improving. With the need for smartness continually increasing, the need for data retaining across networks.New technologies are emerging to meet the need such as 36 on AT&T and ISO operating system was explored by Apple Cord. To be used in Apple's products such as phone. Over the past few years, the mobile phone industry is one of the fastest growing industries in the world. As the rapid development of economy in developed Mounties, more and more people could afford to buy cell phones. Undoubtedly, mobile phones have become one of the major parts of our everyday life. We use mobile phones to do their project and make video-conference and voice-conference. The arising of new technologies and the increasing demand make the mobile phone market worldwide.Worldwide smartened markets will continue to achieve enormous growth as facilities access the Internet, achieve almost universal penetration, and support machine to machine (M to M) communications. According to Susan Suites, lead author of the study, â€Å"Over one-half of all smartness in the global racket are made by Apple and Samsung. † (Wintergreen, 2012, P 1 . ) Competitor Analysis Research In Motion acts as a leader in the global telecommunication industry. Its main competitors are Apple, Google and Samsung. Other competitors include Monika and ETC. Apple is one of RIM's major competitors and also a industry-leader considering the manufacturing of cell phones, MPH players, computers and tablet PC.Apple offers a portfolio of products including Macintosh (Mac) computing sys tems, pods line of portable digital music and video players, phone handsets and pad portable multimedia and computing devices. Apple also sells a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. Apple sells its products worldwide through its retail stores, online stores, and direct sales force and third-party cellular network carriers, wholesalers, retailers, and value-added resellers. The company offers the products across five operating segments: Japan, Americas, Europe, Asia Pacific and retail. â€Å"The company recorded revenues of $108,249 million in the fiscal year ending September 2011, an increase of 66. % compared to fiscal 2010. Its net income was $25,922 million in fiscal 2011, compared to a net income of $14,013 million in the preceding year. † (Mobile Phones In Canada, 2012, PEP) Samsung, another competitor of RIM. Samsung Electronics main transactions are the manufacture and distribution of consumer electronics, home appliances, semiconductor products, and communication products. Samsung has a number of subsidiaries and operates respectively. The company operates by three business parts: device solutions, digital media, telecommunications and others. The device solutions part is made up of semiconductor and liquid-crystal splay (LCD) reporting parts.The digital media business part manufactures a number of products including audio-visual devices, digital TV's, printers and monitors. It also offers digital home appliances like washers, vacuum cleaners, air conditioners, ovens, refrigerators, and other appliances. The telecommunications part provides a wide range of related mobile products and solutions. (Mobile Phones In Canada, 2012, PEP) Samsung is now possessing the largest market share in the phone market and compared to RIM, it is around six times more. (Appendix C) Google is also a major competitor of RIM. Google Inc. Started as an online search firm, but it now provides more than 50 Internet products and services, from e-mail and online document creation to software for mobile phones and tablet computers.Additionally, with the acquisition of Motorola Mobility in 2012, Google is now enlarging its transaction to sell hardware such as mobile phones. Google's broad product portfolio and size make it become one of the top four influential companies in the high-tech marketplace, along with Apple, IBM and Microsoft. Despite this myriad of products, its original search tool remains the core of its success. In 2011 requests. (Google Inc. , 2012) However, with Google's powerful strength and branding, no one can overlook its influence in the future smartened market. Business Level Strategy Research in Motion has strong beliefs and values that creates a strong and inspiring foundation of the company.According to their website, â€Å"RIM seeks to make a positive impact in our communities, engaging the talents and resources of our people and partners to harness he power of technology. RIM strongly believes in the important of education and works to inspire the next generation of minds†¦. † Research in Motion, Ltd. ) RIM supports all their employees through a program called Protrude where they give back the company through fundraising and volunteering. According to Appendix D, the employees contributed approximately $201 ,OHO to 182 organizations, they have supported 22 food banks globally, donated 2,458 toys for children at Christmas and many other voluntary and deeds that demonstrates the company's values.RIM is also a proud partner of Free the Children charity where they strive to educate the awareness and education of children in order to shape our future leaders. Cost Leadership Research in Motion has been well known for its market of Blackberry smartness and has been offered in many different phone companies. However, the low cost differentiation causes the company to have a competitive advantage. According to Ap pendix C, the comparison of the phone and BlackBerry clearly shows that with the purchase of a BlackBerry, a substantial amount of money will be saved. In results with the cost advantage, the RIM is able to attract more customers and sell their products at a lower price.In addition to Appendix E, the table states that there are retain sections where even with the BlackBerry plan having a lower cost, the offers are still the same such as 1 50 daytime minutes, pm start time for unlimited evening calls, 2500 SMS, caller ID, who called, SAFE and 911 fees. Differentiation RIM believes that there are certain characteristics that gives itself a competitive advantage against its competitors that includes: BlackBerry Cloud – RIM has used its advanced technology to have this wireless solution where the device is in constant connection with the network. One of its main establishments for BlackBerry marathoner is IBM and how it has become a leading mobile instant messaging app. Other fea tures includes over-the-air distribution of applications, over-the-air calendar synchronization, over-the-air folder management, etc.BlackBerry Messenger – one of the biggest distinguisher about BlackBerry smartness is of its innovative and fast instant messenger program made specifically for BlackBerry users to communicate with each other known BlackBerry Messenger (IBM). Each device contains their own specific pin in order for it to communicate with others. These messages will be sent through the BlackBerry servers which is the reason for TTS faster service when receiving and sending messages. Return of Investment – ROI provides customers with the fastest payback when purchasing a BlackBerry. The network efficiency causes the users of BlackBerry devices to gain lower data roaming chargers and lower cost of buying. RIM continues to enhance their workflow, personal productivity and managing the BlackBerry Cloud in order for BlackBerry users to improve with their device .Addition of new products and devices – RIM introduced the enhance its multitasking abilities. This tablet enables its users to obtain full touch screen experience while rapid responses. Soon after that, RIM released BlackBerry Playbook SO which is a free software to help benefit and improve the system within applications and content services. Corporate Level Strategy Income Statement sales$1 Return on Equity/a Cash Flow cash cash$l Current Ratify. 20 12 months ended Seep 01, 2012. Trailing 12 month results shown above. All data is in U. S. Dollars. According to Appendix F, within the income statement it shows that earnings are in the negative, resulting in a loss.With this extreme loss of money being evident, Research in Motion needs to come up with a different direction in which the company should innovate and branch into a different direction, using what they know in different industries to gain a competitive advantage newcomers may not have because currently they are losi ng money, with their objective being to maximize profits. The new accompanied strategy that RIM should follow should be along the lines of innovating their phone designs, tablets, as well as operating software for both of their products. â€Å"Microsoft Corp†¦ Kicked off the Electronic Entertainment Expo on Monday by unveiling new software called Oxbow Smartness that will allow Oxbow 360 users to stream and share content across smartness, tablets and TV's. It also announced that it was bringing its Internet Explorer browser to the console this fall. Internet Explorer coupled with the power of Oxbow will, for the first time, deliver a fast, fluid, intuitive Web experience in the living room,† said Oxbow Live corporate vice president Marc Weatherboarding's was demonstrated in several ways, turning a smartened into a remote control used to surf the Web on a TV and utilizing a tablet as a way to display information about games, TV shows and movies that were simultaneously be ing played on a TV† . Marc Whiten, 2011). Due to the fact that the Oxbow 360, owned by Microsoft, will be coming out with this new technology based on tablets and smartness, RIM should get in on the action and gain a competitive advantage by designing a product that is cheap, durable, and specifically designed for this new era of gaming, as well as other essential tablet software, APS, etc..This is because when looking for a tablet to buy, consumers will look for a tablet that satisfies all their needs, and if they own an Oxbow, their wants for a tablet, being one that will give them their best gaming experience as possible. They could also go to Sony, with the technological information they will gain from the Oxbow experiment, and strike a deal with Sony to become one of the only tablet providers, other than Sony, that will incorporate the tablet gaming technology. Sony may get in on this due to the fact that Nintendo already has the WI U Gamed. â€Å"WI games, players and t he TV by creating a second window into the video game world. It also offers a new way for viewers to engage with their favorite entertainment. The Gamed incorporates a 6. -inch, 16:9 aspect ratio LCD touch screen, as well as rotational button controls and two analog sticks. Inputs include a *Control Pad, LIAR sticks, LIAR stick buttons, A/BIGLY buttons, LIAR buttons, CRUZ buttons, Power button, HOME button, -SELECT button, +/START button, and TV CONTROL button. The Gamed also includes motion control (powered by an accelerometer, gyroscope and geomagnetic sensor), a front-facing camera, a microphone, stereo speakers, rumble features, a sensor bar, an included stylus and support for Near Field Communication (MFC) functionality. It is powered by a rechargeable lithium-ion battery and weighs approximately 1. 1 pounds (500 g). WI U Technical Specs, 2012).This is similar to the Oxbow Smartness project, and since the Sony ASS does not have anything similar to these two, they will fall behi nd due to the competitive advantage the other two leaders in the gaming industry have. This is why Sony may hop on board with RIM, where the latter company receives a competitive advantage being one of the only ones on the ASS as well as being a competitor on the Oxbow 360. They will then be competing in the gaming industry, the tablet industry, and the smartened industry, three separate business industries, two being former industries but with more innovative ideas, and one industry that is totally new to them and the world, meaning they have an equal shot like everyone else on the Oxbow market, and a better shot on the ASS market. Reliance on strategic alliances and relationships with third-party network infrastructure developers, software platform vendors and service platform vendors, including RIM's ability to promote and advance the development of an ecosystem of applications and services for the BlackBerry 10 smartness and the BlackBerry PlayBook tablets;† (Research in M otion, 2012). This states that they are leaning on innovating the software technology for both smartened and tablet platforms, as well as forming alliances with other companies. Therefore the firm should try and sneak into the gaming/tablet gaming industry, using the strategies noted previously, to gain any sort of profit due to the fact that they have lost so much that in order to gain the money lost they need to start taking risks or else they run the chance of losing their company.With this decision to go into this industry, they have a chance at becoming one of the leaders in the tablet and smartened industry, u to the competitive advantage Research in Motion has over other providers with newer, more innovative, software that incorporates everything that a smartened and tablet has today, as well as gaming specialization that other tablets and phones will not have. Five Year Projection Plan Research in motion is motivated as an organization in the development, sale, service and m aintenance of software and mobile solutions for both the short and long-term care market. Let is a company that provides world class service and always puts the needs of our consumers first. Len addition to this, it is a company that is river by ideas. We believe that innovation and collaboration will foster sustainable growth for our business†( Research in Motion, 2012). Such professional growth, would be attainable with the continued effort to excel in a competitive environment, providing World Class service at a sensible cost for consumers. The strategic adapt to an ever changing technological environment. Providing quality products and services; Research In Motion (RIM) is the company behind the innovative and award- winning BlackBerry product line. In order for Research in Motion to be successful in he future, it is this type of quality and competitive edge that will lead the company down the pathway of continued growth and success.Market Analysis In this market analysis, we must take into consideration the company today, its competitors, consumers and any future business ventures. The market today is a direct foreshadow for the technological footprint that companies such as RIM will leave for tomorrow. As such, Research in Motion must account the many variable factors that may arise as well in the next five years. The current trends of the mobile and handheld software network are as follows; consumers' have the require taste for lit-use high functioning mobile devices such as smart phones with high processing operating systems. The days have passed where any product was made to last a lifetime.It is a world of if it's broken don't fix it; in the sense that, you are able to replace your once top of the line device with a newer model with more applications and a faster processor in only a few months' time. This new trend is seen in many forms of production, and is now widely accepted by the consumer market. It is the idea that today's population want s newer, faster and bigger in the sense of capabilities. Market Competitive Analysis One of the key components of determining your own success is based on how you compare to competitors in your specific market. In a recent poll † Score data, 32. 8% of Canadians own a smart phone. However, narrowing down to mobile operating systems, the data reveals that the top smart phone platform for March 2011 is BlackBerry with 42% of smart phone subscribers. Second up, following RIM, is Apple with 31%.The remaining of the statistics are made up from Goggles Android with 12. 2%, Ionians Simian with 6. 4% and Microsoft with 5. 1%. † (phone in Canada 2011) This leads to inclination that RIM stock is on the rise. However, this is not the case. It is important to recognize that both Apple (phone) and Google (Android) are currently growing in the Mobile device sector. Respectively, both the increase in software capabilities as well as faster processors and greater network connection is th e ever- growing trend in hand-held devices. An analysis of both Google Android and Apple phone appear to be designed for demographics from all walks of life.The Apple phone allows for people to talk across provinces using the application termed, â€Å"face time†. The idea that a mobile device that is able to fit in the palm of your hand can innocent people thousands of miles away gives the consumer extra leverage to lean towards the competitors product. The mobile device network is one that must appeal to several demographics and adhere to the wants and needs of its consumer. In the future, it is likely that the direction of the industry will produced by the these top three competitors. In order to be successful Research in Motion must target all the market segments with initial focus on research and development of current product.Such product diversity, as well as an increase significant ease of use of products will attract new customers . Converting numerous customers from competitive products to Blackberry, through a positive customer experience will allow for a continual growth over the long term. Time is a critical commodity in the long-term, success of a attractive to long-term consumers who are paying several hundred dollars per device. This segment of Research in motion of product quality will be far more user friendly than those products currently on the market. Market Needs The cellular market requires a highly functional product that is cost effective and easy to use.Research in motion in order to counter-act the competitors in their racetrack; must provide more product services, easy accessible product assistance, and continuous growth in there software, research and development sector to stay atop the main producers of the mobile networking world. In addition to this, the active cellular marketplace in order to be sustainable in the long run must account for the aging population. Clearly, the proportion of older citizens is growing and will continue to do so with the aging of the baby boomers. Following the trend in the mobile usage sector. It is evident that people from all ages are currently using smart phone devices. Applications that appeal to both young and old must be readily available in order to maximize sales.If the trends within the marketplace remain constant, that it appears that children will soon be talking across play grounds with high-tech mobile devices. Lastly, the needs of such a diverse marketplace may only be met by those that are willing to change, resistance to change could be detrimental to the long-term success of any company within the market. Albert Einstein once said, â€Å"Insanity is doing the same thing over and over expecting a different result† RIM has for the most part attempted to appeal to the business class of the market. Creating advertising the blackberry smart phone as the best option for Coo's of large companies'; to small business owners on the go. This has been the sta ple of their commitment to their customers and has been for several years.However it is imperative that with any strategy there is also current modifications made in order to adhere to the constantly changing environment. It is important to view everyone in mobile network of business as potential customers. A new strategic approach, of more touch-screen, higher processing software, user- friendly applications, for all gees and demographics must be adopted in order to compete with companies such as apple. More cost effective ways of producing these products will save money for both the company and its consumers. An approach through the market by internet, direct email advertising, advertising on such sites as Face book, and high-processing video websites such as Youth as well as traditionally advertising will also help boost sales.One of the key ingredients to success is to improve the customer service of existing customers to insure technological approach must be taken to appeal to the future demographics n their consumer base. If Research in Motion does not produce higher quality products to compete with the likes of the Apple I-phone than the future of the Company looks dim, and the stock of RIM and value of the company will only diminish at a steady rate. Strategic Model Among many strategic models to run a successful business like that of RIM (Research in Motion) in the present competitive business environment. SOOT model with its strength, weakness, opportunities and threat. In order to better evaluate RIM as a whole it is essential that we use such techniques to establish the productivity ND potential flaws in the current structure of the organization.In the following model, it will reveal the potential the company is capable of however, due to certain weaknesses and threats it has given them a disadvantage in the market. Strengths RIM has a variety of strength's beginning with its manufacturing of high technology products. Among these strengths, are tho se of the research and development sector. The main focus of the organization is their mobile device, the BlackBerry. An area which prides itself on being top of the line and the best option for any person in the world of business. Products are exclusive, unique and have very good quality in which existing and new customers are attracted. An important strength is that the RIM organization is very organized and competent within the management revolving around talent.Corporation is very strong and is very advancing with technological products in order to improve the quality. RIM has a very successful established reputation globally thus causing RIM to be a trusted brand and company. RIM provides a extensive customer care capabilities which helps the them gain the trust of their customers. Their incentive of balancing IT and consumer emends has led RIM a market leading role in the market. Weaknesses The competitors of RIM can cause a great affect on its ability to satisfy consumer need s because its competitors is capable of achieving it before the BlackBerry devices can. Apple and Android smartness are two companies coming out with newer, more innovative technology. Lacquerer may struggle to keep up due to the fact that these companies' phones focus largely on touch screen technology, while the blackberry only has 2 phones that use the touch screen form of technology. As well as the fact that the service blackberry provides has been subject to outages, arrive losses globally, and the fact that Android and Apple cannot experience a global outage, makes it that much more threatened by competitor innovation. Opportunities With the ever growing IT management team, they are all striving to improve and enhance its technologies through new products and devices. BlackBerry 10 is a new platform that all BlackBerry products will run on will be the new blackberry 10 software.This is opportunistic because it provides customers with a new look on the BlackBerry products as we ll as 2 new phones that will accompany the new platform as well as run off of the system. This also creates hype around the release of the software and phones bringing the blackberry community together and creating excitement for loyal consumers. â€Å"We look forward to getting BlackBerry 10 in the hands of our customers around the world. † (Thornton Hein, 2012). Moreover, with the experience of making mistakes in the past, , it creates opportunity to learn from their mistakes, and capitalize on that knowledge to execute objectives at the right times to achieve their goals. â€Å"RIM delayed the roll-out of the BlackBerry 10 phones to the first quarter of 2013 so as not to repeat the errors that surrounded the PlayBook

The Chosen essays

The Chosen essays The Chosen, a fiction novel written in 1967 by Chaim Potok, is about two young Jewish boys and their friendship. It takes us along with them on their journey from adolescence to adulthood. They face many conflicts, and through those trials the author makes his readers think more deeply into lifes true meanings. The novel was set in New York during the Second World War. Since the main characters are Jews, this period of time is very significant. Not only were the Jews persecuted during WWII, but New York was also close to a military base, which made it a prime target for bombing. Even the setting has an underlying sense of tension. One of the protagonists in The Chosen is Reuven Malter. Reuven is an orthodox Jewish boy. He is a very smart and diligent student. His father, David Malter raises Reuven alone in Brooklyn, New York as his mother has already passed away. Reuven has glasses, brown hair and eyes, and dresses in the typical orthodox manner. A plain boy, he has a bright mind and a very caring soul. The other protagonist in the novel is Danny Saunders. Danny is the son of a very devoted Hasidic Jewish tzaddik. However, Danny is not a very enthusiastic Hasid. He has earlocks, grows a beard, and wears the traditional Hasidic outfit, but he doesn't have the reverence for it that he should. Danny is a genius. His religion forbids him to read literature from the outside world, so he struggles with his thirst for knowledge and the restraints that have been put on him by both his father and his religion. He lives with his father, mother, older sister, and younger brother in Brooklyn as well. The first antagonist is Danny. He and Reuven had many difficulties. They resolve their problems in the course of the book, but at the beginning they hate each other. Their religious views are also very opposite. Once they overcome their differences, they become best friends. Reb Saunders is the second antagonist. A Hasidic tzaddik, he led his p...

Global Financing and Exchange Rate Mechanisms essays

Global Financing and Exchange Rate Mechanisms essays The international foreign exchange market is considered to be the largest world wide market having an estimated currency trade of $1.9 trillion per day. Such trading on an average per annum is estimated to constitute about ten times the global GDP traded. The share of foreign exchange necessitated for international trade in goods and services only estimated to be a fraction of $9 trillion dollar per annum while the exchange rate speculation contributes towards 80 percent of the global currency market. (Currency Transaction Taxes) The growth in communication and information technology has evolved a radical enhancement in the cross-border financial flows as well as within the nations. The recent growth in the technology based developments have been so enhanced that the governments had practically no alternative but to resort to deregulation and liberalization of internal credit and financial markets. The global financial markets have practically exhibited much efficient than they had ever earlier. The developments in communications and information technology and the emergence of new instruments and risk management strategies enabled by them gave rise to wider growth of financial and non-financial firms presently felt essential for effective management of financial risks. The vast potentialities of new financial products to fetch extensive profits amidst they huge proliferation caters to the growing effectiveness of financial markets in smoothing the flow of trade and direct investment. (Greenspan, 1997) Complex and derivative financial instruments in one form or another are being devised to take the benefits in communications and information technology. However, the central banks of nations already have been burdened with the responsibilities of financial market stability, have presently confront the new challenges exerted by such new technologies and new instruments, necessitating the acute need for a global financial system. Such...

Finacal Analysis Essay Example | Topics and Well Written Essays - 1250 words

Finacal Analysis - Essay Example and the sixth biggest metro area in the Southeastern part of the United States. In addition, when these figures totaled up, the Greater Orlando municipal is the 3rd largest metro expanse in the state of Florida. Orlando is ranked fifth among the population sizes in the state, and it is the state’s largest inland municipal area. The geography or layout of the city is mostly wetlands, comprising of many swamps and lakes such as Lake Apopka (Loschiavo, 2012). The landscape is generally flat and low lying making it fairly wet. The city seats on 101 sq miles (261.6 km?) land terrain. The city has the biggest population of Puerto Ricans within its states, Florida. Orlando houses the fastest growing Puerto Rican community in the United States. From 1980 to 2010, Hispanic populace share rose by nearly 20% from 4.1 to 25.4%. Orlando also has the largest growing Caribbean populace in the U.S. In 2000, the area’s population became more open with 22.0% below the age of 18, 10.7% fr om 18 years to 24 years, and 55.9% from 25 years to 64 years and 11.3% who were 65 years of age and above (U.S. Department of Commerce, 2013). In the past, the unemployment rate in Greater Orlando region was deprived, which resulted in population growth that brought about urban sprawl in the neighboring area and, in together with the U.S. housing bubble, a huge increase in house prices. Orlando's joblessness rate in June 2010 was 11.1%, a 0.3% drop from April the same year. However, the unemployment rate was roughly 10% in the same time of year back in 2009 (Diana, 2012). As of June 2012, Orlando’s jobless rate was 8.6%. Home prices in the Greater Orlando region increased to 40.1% in one fiscal year, from a medium of $182,300 in June 2004 to $249,900 in June 2005, and finally peaked at $264,436 in June 2007. After that, with the financial crisis, prices plunged, with the medium dropping below $200,000 in November 2008, at one time falling at a yearly rate of 42.02%. The mediu m dropped below $100,000, in 2010, but later stabilised to $110,000, in 2011. As of April 2012, the median housing price was $116,000. High or secondary school graduates or higher in the city of Orlando fall at 86.7% People with a Bachelor's degree or higher, on the other hand, in the city of Orlando fall at 31.9%. This numbers act as a proof of how the city highly regards education. As of October 2011, Orlando area had an enrollment of almost 175,000 students in public schools, which made the city the 12th largest with regards to public school enrollment in the United States (Loschiavo, 2012). According to rankings by various studies dealing with criminal activities among major towns, which use the most up-to-date, as well as wholly vetted data with total national coverage that is attainable, Orlando is ranked 67th among the list of top 100 most unsafe municipal centers in the United States. Orlando is identified around the globe for its major entertainment attractions, particularl y Walt Disney World, the film studios and Epcot. Representing a 4.7% growth from the earlier year, almost 45 million conventioneers and tourists visited Orlando in 2010, pumping almost $24.9 billion into the city’s economy. Major employers in the region include the aviation industry, the military service and the public schools. Orlando is governed and administered through the mayor-council system. The mayor is chosen from a citywide vote. The six members of the

Future geopolitical obstacles and economic development opportunities Research Paper

Future geopolitical obstacles and economic development opportunities In Central Asia - Research Paper Example Subsequent to the breakup of the distinct economic gape of the Soviet Union, the non competitiveness of the Russian and Central economies was spartanly unveiled. This was in particular clear in the state of their trading connections. Economic collaboration flanked by Russia and the states of Central Asia is tampered with in the present day by the nonexistence of significant, harmonized events in the area of industrial assembly and transport communication2. To attain competitiveness on the international market, Russia and the nations of Central Asia require to convey the idea of distinct economic gap to success not only political assertions but by existent actions on the subject of support in a number of areas of the economy. There are additionally a number of hindrances to advance in this industry. One of the major hindrances in the acceleration with Russia and a number of Central Asian nations are attempting to become a member of the World Trade Organization (WTO)3. This is a move t hat would destroy the industrial cooperation flanked by Russia and Central Asia similarly previous to its conception. An additional hindrance is the intricate geopolitical state of affairs that surround Central Asia, threatened as it is majorly by the inconsistency of Afghanistan. These factors make it complicated to draw the potential of cooperation in transport and communication in Central Eurasia which is flanked by Russia, the Central Asian Republic and additional nations. Politics and economy has been directly intertwined in the affluent history of association flanked by Russia and Central Asia which includes Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan)4. Trade between Russia and Central has its beginning in the Great Silk Road. Economic association flanked by Russia and Central Asia had had distinctive importance from the time of the second half of the 19th Century. These centuries have been incorporated two times in distinctive spheres: initially that of t he Russian Territory the secondly that of the Soviet Union. When the Central Asian region was under the economic control of the Russian Territory, starting 1860s to 1917, the nations of Central Asia had great right of entry to Russian markets, and Russian investment swamped into the region5. Central Asia started to run away from its economic and geographic seclusion. Powerful trade connections were made-up. States developed on the territory of contemporary Central Asia, on the other hand, lost a lot of their independence, in particular with regard to external economic affairs6. As Central Asia made stronger its economic ties with Russia, so its connections with other nations became weak. Generally, when Central Asia was part of the Russian Territory it stood an underdeveloped and entirely agrarian region, operating largely as a producer of cotton, silk and wool for the Russian textile trade7. The second stage of the Central Asian Union with Russia that went on starting the establish ment of the Soviet Union till the year 1991 as well had equal positive and negative outcomes. On the contrary the Soviet period was a time of unparalleled economic development equally for Russia and Central Asia. Conversely, the nations of Central Asia realized that restrained in the inflexible economic in addition to the political ideological structure of the Soviet System with its centralized structuring and management of allocation of resources. The connections formulated flanked by the Soviet republic in a number of ways contributed to little significance there existed even a formal Soviet terminology which is planned loss making enterprise. This greatly direct union in the Soviet time has led to the economies of Russia and Central Asia and other CIS nations that stand as independent in the present day. The immediate vanishing of the Soviet command structure,