Corporate Culture Leadership Question

25/11/2013

WEEK 11

 Corporate Culture Leadership Question

1.         If you are one of the top managers what kind values would like inculcate in your organization?  Why does it so?

·         If I one of the top managers, I will inculcate Islamic values to get barakah from Allah s.w.t.  Islamic values here is amanah (honest), fatonah (intelligent)),  siddiq (right), tabligh (delivered).  As a top manager, I will make sure every employees will be honesty in their work and relationship with human, and the creators.  I will do a training and program for develop employees intelligent in all aspect of things.  For siddiq values, I will make sure everyone will tell the truth in every perspective.  Lastly tabligh, I will make sure everyone will sharing the knowledge that they have because without knowledge we are nothing.

2.        Could you find an example of any organization that have a good corporate culture?  Name of them.

·         Herba Penawar Al-Wahida (HPA) is one of a good corporate culture because it inculcates Islamic values in the organization.  Islamic values will give barakah for the business because without barakah we are nothing.  The top of managers HPA will make sure every employees have wudhuk before start the work and close aurat every time.  Beside, the managers will make sure also every employees read mathurat in the morning and evening.  The employees also need to do dhuha in every morning before start working.  As a conclusion, I think HPA Company is the best corporate culture because it cares relationship between human and ALLAH.

Generic Strategy questions

08/10/2013

-week 5-

Generic Strategy questions

v  BROAD COST LEADERSHIP- Airasia is the one example of broad cost leadership because Airsasia offered low-cost for airlines service compared to other airlines service. 

v  FOCUSED COST LEADERSHIP- Mydin is implementing focused cost leadership because the target market of Mydin is who want to buy in a bulk quantity at the lowest price.

v  BROAD DIFFERENTIATION- Toyota is under broad differentiation leadership because it offered high price at the unique level of product.  It makes people satisfied with the product at high cost.

v  FOCUSED DIFFERENTIATION- Bonia  is one of the example of focused differentiation because it offered products based on unique preferences in narrow market segmentation.

LOVELY CASES.. =)

5/12/13

Friday

Lovely Cases

I learned 4 study cases for Strategic Management for 14 weeks in this semester which is Robin Hood Case, Emerald Case, The Digital Age: Shall I Tag Along Case and UMW Holdings Case.  Every case has it owns unique background company.  I love every case because the case was helping me how to be a strong person in every situation.  These cases also make me fall in love in English cases and stories.  I learned how to do swot and tools method for every case.

Robin Hood case is about how Robin Hood tries arranging a good strategy to fight with Sheriff.  He was hiring Will Scarlett, Little John, Scarlock, and Much The Miller’s son to make sure his strategy will be execute.

Then, Emerald Case is about a young entrepreneur, Rozita is doing piping hot dog business.  She does not have any knowledge about business but she and her husband try to do the business.  The company is known as Nineteen O One Sdn.Bhd (1901).  Rozita never think to do business of selling sausages using pushcart will be successful.  After a few years, Nineteen O One Sdn.Bhd (1901)had been famous around Malaysia.

Next, The Digital Age: Shall I Tag Along Case is telling me how Rahim started his company, Ambang Mata Sdn. Bhd.  The business journey began when Rahim became distributor for Halal cosmetics manufacturer and Halal food manufacturers.  They sold canned food, ketchup and chili sauce throughout Malaysia.  After a few years, he found opportunity to start Ambang Mata Sdn.Bhd, publishing company which focused on pre-school exercise book.  He faced a lot or problem before his company being success.

Lastly, UMW cases is about UMW holding which conduct automotive assembly and distribution operative, automotive components ad lubricant OEM and REM and oil and gas (drilling business).  There are a lot of strategies that had been used by UMW Holding.

Topic 10

3/11/2013

Week 12

CHAPTER 10: BUILDING AN ORGANIZATION CAPABLE OF GOOD STRATEGY EXECUTION

The action agenda for executing strategy

1.        Staff the organization with the right people for executing the strategy- it means the company should hire the right and the capability person to make sure the strategy will be success.

2.      Build the organizational capabilities required for successful strategy execution-

3.      Establish a strategy supportive organizational structure

4.      Allocate sufficient resources to the execution effort- means the company should prepared all the important resources for the staff to execute the strategy

5.      Institute policies and procedures that facilitate strategy execution-  company need to do an easy or light policies for staff execute the strategy in smooth and easy condition

6.      Adopt best practices and business processes that drive continuous improvement

7.       Install information and operating systems that enable company personnel to carry out their strategic roles- means the organization should prepare all the information and good operating system for staff to execute the strategy

8.      Tie rewards and incentives directly to the achievement of strategic and financial targets- the company should give some reward for give spirit to the workers to do their work in good performance

9.      Instill a corporate culture that promotes good strategy execution

10.    Exercise strong leadership to propel strategy execution forward

Building an organization capable of good strategy execution: 3 key actions

v  STAFFING THE ORGANIZATION

o   The company should put together a strong management team to make sure the strategy will be success.  Its means every employees have different backgrounds, experiences, management styles so they should be put together in a one group.

o   The company needs to recruit and retain the talented employees to make sure the goals of company will be achieve.

v  ACQUIRING, DEVELOPING, STRENGTHENING KEY RESOURCES AND CAPABILITIES

o   The company should ask the top management to develop a set of resources and capabilities suited to the current strategy

o   Then, the employees need updating resources and capabilities as external conditions and the firm’s strategy chance

o   The employees should be training and retraining company personnel to maintain knowledge-based and skills-based capabilities

v  STRUCTURING THE ORGANIZATION AND WORK EFFORT

o   Instituting organizational arrangements that facilitate good strategy execution

o   Establishing lines of authority and reporting relationships

o   Deciding how much decision-making authority to delegate