This report will first describe two types of businesses and their differences. These are Lenovo and Emirates and compare and contrast with each other. Secondly explain the different stakeholders who influence the purpose of the two contrasting businesses. Third it will discuss each company's organization. Fourthly analyze their style of organization, which is most fit for purpose. Lastly Conclusions will be drawn and Recommendations made. Lenovo Lenovo Group Ltd/Lenovo PC International is a Chinese multinational technology company. Headquarters of this organization is in Beijing (China) and Morrisville (North Carolina). Lenovo was set up in Beijing in November 1984 and was united in Hong Kong in 1988. Lenovo is a public type organization, …show more content…
The mission statement of this company is product oriented. It aims to better serve its customers by supplying them with a several of products, services, applications and content that makes personal and professional computing easier for them. They also aim to be known as one of the most trusted and respected company. The main aim of the brand which is defined in its mission is Technological leadership. Lenovo gives a detailed sight of the products and services it provides. It explains the main focus of the business. Mission statements also serve to direct day to day decision making and action within the …show more content…
Vision statement They Ensure a strong and stable leadership team, ambitious yet calculated decision-making and ground-breaking ideas all contribute to the creation of great companies. Of course, these have played a major part in our development, but we believe our business ethics are the foundation on which our success has been built. Caring for our employees and stakeholders, as well as the environment and the communities we serve, have played a huge part in our past and will continue to shape our future. Emirates is role culture type of organizational culture. Stakeholders In 2011, the General public was held 58% of Lenovo stock, Legend Holdings Limited 34% and other entities 8%. The biggest Lenovo stakeholder is Legends Holdings, Lenovo was originally named Legend Computer until 2004 when it was changed to Lenovo. In 2012/2013 there are 35000 employees, then in 2013/2014 large increase to 54000 workers. Emirates is owned by one stakeholder Dubai's Investment Corporation. Emirates has over 15,000 cabin crew of more than 135 nationalities who speak over 55 different languages, helping an average of 1.6 million customers
Target A New Yorker in 1881, George D. Dayton decides to test out the market, and after multiple years in banking and also in real estate, George D. Dayton comes to a conclusion that Minneapolis offers one of the greatest opportunities of growth at its time. He then purchased multiple lands such as Nicollet Avenue and forms the Dayton, and also Dry Goods Company which today is not called Dry Goods Company, it is now referred as Target Corporation. George D. Dayton had personal had special beliefs that separated him from others, his belief of “the higher ground of stewardship”, represented great personal beliefs. His store became really dependable merchandise that also provided fair business and a great sincere spirit of providing.
After doing research for this assignment, it helped me to understand that, first various teams and organizations run and do things differently from one another. It showed the variety of positions and the responsibilities that each one holds. It gave me a more defined insight of the corporate structure of the
The mission statement of any healthcare organization must relay the true purpose. Hofstrand (2009) suggested that a statement of mission is a universal announcement of how your vision will be achieved. The vision and the mission are directly connected. Both need to be simple and easy to appreciate and remember. The focus of the company would be on all the patients and the mission statement would look something like that: “New Mexico Essential Healthcare is a non-profit organization that operates throughout the state.
The Junior Reserve Officer Training Corps’ mission statement is to, “To motivate young people to be better citizens.” JROTC prepares young men to have leadership and to have benefits in their citizenship. JROTC prepares young men to be independent to be in charge of others that could benefit others to be better leaders. JROTC provides different activities such as service learning projects, which is a project which gives opportunities of knowledge, discipline, and a sense of responsibility to take for the future. There are certain goals that JROTC wants cadets to accomplish to be a better citizen.
Further, the larger United Arab Emirates has over 8 million people, making it favourable for business,
Mission statements are typically future focused and are not essentially constructed on present-day. They should be a reasonable viewpoint from which to look down the road. These statements should not bound the development of the organization’s premises through incorrect
It relates to the purpose of the company and what they want to achieve in the future. The mission goes beyond the vision as it explains the company’s goals and objectives more clearly. It also mentions how this will be accomplished. The last step is to create a strategy based on the defined vision and mission. (Miller, 2014) Tesla’s mission is ‘to accelerate the advent of sustainable transport by bringing compelling mass market electric cars to market as soon as possible’.
Corporate Strategy defines the path of a company to achieve long-term goals and objectives. It plays a crucial role in determining the competitive position of an organization. The corporate strategy incorporates all core factors to ensure the success of an organization. Depending on the nature and objectives of the organization, the components of a corporate strategy varies. It is only the corporate strategy that integrates and links the vision, goals, business model and help in appropriate allocation of resources and finally in decision making process.
The aim of this case study is to investigate the applicability and functionality of organizational theories in Hilton Hotels Corporations. The first part of this case study is concerned about the compatibility between Hilton Hotels mission with its activity and purpose. Also, another aspect of this paper is to present the suitability of organizational theories referring to Human Resources Theory, System and Contingency Theory. In order to uphold this report, I will conduct a SWOT Analysis of Hilton Hotel Business. The last part of this paper presents a critically important aspect of a successful business in regards to the Hilton Hotels CSR programs and initiatives.
This compare and contrast paper will explore the history and development of these two corporate giants; conduct a strategic and financial analysis of each company; and compare and contrast the executive leadership, corporate strategy, acquisitions and divestments of each. The future direction of the companies over the next three to five
British Airways is huge company and it global company there for it is operating with procedures and rules strictly. For maintain its position in market British Airways choose to have a culture which shows features of both culture task and role. This provides their workers sufficient opportunities to develop their knowledge and improve in other section of job too. But in the case of V irgin Atlantic Airways, they have a culture that shows features of both culture people and entrepreneurial, because it is concerned that the growth and developments of organization are peoples. It motivates their workers to understand their full potential and improve ideas of
International Business Machines (IBM)- 1) Introduction IBM (International business machines) corporation is one of the biggest multinational computer technologies and IT consulting company spread over 170 countries with 330,000 employees. It has its headquarters in Armonk, New York, United States. IBM started its business on June 16, 1911. It is the manufacturer of computer parts for hardware and software and, consulting services and hosting services. And also offers services in infrastructure.
1.1 Background of the case The chosen company is Lenovo Group Limited which is a multinational technology company that is headquartered in Beijing, China. Established in 1988, Lenovo is the largest information technology enterprise in China, engaged primarily in the sale and manufacturing of personal computers, mobile telephone handsets, computer servers and printers, in China. It has been the market leader for seven consecutive years, commanding a 27 per cent share of the domestic PC market in 2003. It is also the market leader in the Asia Pacific region (excluding Japan), with a market share of 12.6 per cent in 2003.
They also principally owned about 60 subsidiaries and high-status brands such as Kenzo, Bulgari, Mercier, Givenchy, Sephora, Krug, Château d 'Yquem, Domaine Chandon California, Parfums Christian Dior, Chaumet and so on. LVMH main competitors are the French conglomerate Kering (previously PPR) and the Swiss-based Richemont. In 2000, the Group attained a sales of 11.6 billion euros and acquired 15% of market share internationally. From the time that LVMH was founded, they were able to develop a brand strategy to grow active and to expand its global retail network. As it stands, 81% of around 110 000 personnel of the Group who work outside France share the company’s beliefs and ethics.
Basically, ethics are at their essence which is it is the moral judgments about what is right and what is wrong. Business ethics is focusing on examine the policies and conduct within the context of commercial enterprise in an organizational as well as in an individual level. In business, the ethics in business is an applied ethics where professionals and researchers use principles and theories to solve any ethical problems that exist in business. At the quarter of the 20th century, as technologies like internet have made world business or international business all more viable, the business ethics domestically have grown in importance along with the power and significance of major businesses. So that, international business ethics take center stage as a major concern of the modern era.