ipl-logo

Stability Strategies In Business

1305 Words6 Pages

Functional strategies mainly focused on the events associated in practical areas of a business that support the anticipated competitive business level strategy and balance each other. These strategies describe the methods selected to be used within the practical areas of a business that’s utilized in the corporate level or business strategy. Functional strategies recognize and organize temporary actions, usually under a year. Structure of functional strategy is normally delegated by the business manager to lower management teams that oversee the operations of the business. Businesses vary in structure as well as the roles and responsibilities of their practice areas, these areas are research and development, marketing, finance, purchasing …show more content…

By and large, the stability strategy is implemented by the businesses that are at risk, typically the moderate businesses or if the market situations are not satisfactory, and the business is content with its routine, then there will not be any significant changes in its business procedures. Moreover, the businesses, which are relaxed and unwilling to change discovers that the stability strategy is safe resulting in the same operations practices. There are several types of Stability Strategies that business may elect to implement in current operations. The three main types of Stability Strategies are divided into three sections known as the No-Change strategy, Profit Strategy, and Pause/Process with Caution. The No-Change Strategy, is a stability strategy structure that a business continues their operations with no change. Merely, by the choice of the stakeholders not to change anything new within the current operations vision may have some negative impact if the current market is change, this election is very important to the overall product marking as well as the existing business operations. Therefore, theses operational performs are referred as a no-change …show more content…

Retrenchment mandates that a business to analyses which strategies will produce the highest dividends. One purpose why retrenchment may not be the suitable selected strategy to enforce in challenging situations for a business is that retrenchment may leave a business not as much competitive and weaker. The reason is as follows: retrenchment structure requires reducing business resources, which lead to the reducing of management in addition to other employees as well as a reduction in volume particularly if the business is producing in the manufacturing of

Show More
Related

  • Mainstays Medical Center Vision Statement Paper

    1562 Words  | 7 Pages

    It ensures that a given organization makes the proper strategic adjustments to help the organization complete the goals (Ginter, 2013). As the administrator at Mainstays Medical Center, I want to use adaptive strategies that will assist the hospital to obtain the goals that are set. As the administrator, I want to create financial stability within the hospital by reducing unnecessary services, making sure that the patients are receiving the best care and services and generating revenue. As the administrator of Mainstays Medical Center, to use an adaptive strategy, I would want to create a partnership with a local nursing home and adopt new ways to provide health care to citizens in the community and create revenue by having fundraising activities. One way to generate income in the community is to target patients and remind them about their appointments and to pick up medication refills.

    Read More

  • Marketing Strategy: Case Study: Houzit

    1803 Words  | 8 Pages

    CASE STUDY: You are the marketing manager for a chain of home-ware stores in Brisbane called Houzit. The marketing plan for the 15 Houzit stores was developed over 12 months ago and you are actively engaged in implementing the strategies to achieve the marketing objectives. Specifically, you are instigating those marketing activities that meet the marketing objectives of a 12% market share (up from 11%) and an increase in sales by 8.5% over last year’s result. No expansion stores are planned during this phase of consolidation and on average the stores achieved $24,680 per week for the year.

    Read More

  • Case Study Dynacorp

    1336 Words  | 6 Pages

    Introduction A company’s success is measured by how well it is structured and organized in order to adapt to the changes in environment as well as the changes within itself such as the company’s scale, employees, product scope, etc. Having a suitable, well-structured organizational frame will not only increase the chance of being success but also prolong the company’s lifespan compared to an un-structured one. It is important to note that an organization’s structure needs to fit in with the current situation and does not necessarily required remain unchanged over time. Taking Dynacorp as an example, even though its functional structure contributed to the vast growth of the company at the start, its limitation in dealing with the changes within

    Read More

  • Three Pillars Model Of Authoritarian Stability

    1609 Words  | 7 Pages

    Using the “three pillars” model of authoritarian stability, analyze the Chinese Communist Party. Is it resilient or fragile? Why or why not? Compare and contrast this case with at least one of the three other case studies discussed in the module. As we have discussed in lectures and learned about from class readings, the three pillars of stability in autocratic regimes include legitimation, repression and co-optation (Gerschewski,2013).

    Read More

  • Arizona Public Services Essay

    840 Words  | 4 Pages

    This strategy will entail a variety of strategies, including the following: APS should find possibilities to minimize its operating expenditures by enhancing its operational efficiency and simplifying its business procedures. This would get the company closer to its goal of lowering operating costs. For instance, the corporation might establish more effective maintenance procedures to lessen its power plants' offline time and increase their

    Read More

  • The Strategic Change Cycle

    1852 Words  | 8 Pages

    Abstract The strategic change cycle is one of the processes within strategic planning. This cycle is a ten-step process created to assist organizations in meeting their mandates, satisfying their missions, and constructing public value. “Strategic planning is intended to enhance an organization’s ability to think, act, and learn strategically” (Bryson & Alston, 2011). Introduction Strategic planning is “a deliberate, disciplined effort to produce fundamental decisions and actions that shape and guide what an organization (or other Entity) is, what it does, and why it does it” (Bryson & Alston, 2011).

    Read More

  • What Are The Six Strategic Forces Affecting Upper Echelon Leaders And Their Organization?

    802 Words  | 4 Pages

    There are six strategic forces that affect upper echelon leaders and their organization. The first strategic force is the environment. The environment is the outside forces that have potential to impact an organization. Environment deals with social, economic, political, There are six strategic forces that affect upper echelon leaders and their organization. The first strategic force is the environment.

    Read More

  • Lou Gerstner's Transformational Leadership Style

    921 Words  | 4 Pages

    There is no best way or one strategy to manage and handle the changes. The fusion of the various approaches can be used in more for various situations, that is why it is the role of leader to find the proper approaches that be singled out into a business strategy. Producing an innovative and modern system through rapid changes can be an appropriate system in the future. Organizations must try to weigh out the level of the changes and stability to gain a greater competitive advantage. Or, it will lead then to change failure,

    Read More

  • Four Key Business Functions

    707 Words  | 3 Pages

    99% of businesses have four key business functions, these include; operations, marketing, finance and human resource management. Each of these specific areas has their own attributions towards their businesses success and failure and often has dedicated departments and staff for these four business functions. Despite this the functions are interdependent meaning they rely upon one another to achieve and exceed their goals and expectations set by themselves and management. The function of finance affects and is affected by the other key business functions.

    Read More

  • Business Case Study: Porter's Competitive Rivalry: Julia Juice '

    902 Words  | 4 Pages

    For instance, you could take reasonable favorable position of a solid position or enhance a feeble one, and abstain from making incorrectly strides in future. • Threat of New Entry is not intense, because JJ has its hold in Market from10 years and they re-established them after 2009 with new technology and strategies. JJ itself planning to open 600 new stores which makes new entrants to stop coming in

    Read More

  • Tesco External Factors

    3270 Words  | 14 Pages

    Companies succeed if their strategies are appropriate for their circumstances they face, feasible in respect of their resources, skills and capabilities and desirable to their important stakeholders-those individuals and groups, both internal and external, who have a stake in the behaviour. or expectations of the organization’s performance and fluencies over the business. They include employees, managers, shareholders, suppliers, customers or clients, trade unions and the communities local and national in which the organisation operates. Companies fail when their strategies are failed to meet the expectations of these stakeholders or produce outcomes which are undesirable to them. So it needs to consider all implications of a shift in strategy, not simply the effect a specific stakeholders

    Read More

  • Pepsico Political Factors

    724 Words  | 3 Pages

    POLITICAL Political factors can often give a big impact on the business of a company. Often this factor is not in the hand of the organization. Several aspects of government policies can make a huge difference. However, all firls are required to follow the law. It is the responsibility of the organization to find how upcoming legislations can affect their activities.

    Read More

  • Business Strategy Case Study: Delta Airlines

    742 Words  | 3 Pages

    Delta created its separate subsidiary in response to competitive threat of low-cost airlines. In addition, its subsidiary used pilots of its parent airline with independent decision-making authority. Does song have an effective strategy? Evaluate strategies by using three tests of effectiveness? Low-cost airline: Faster growth of low-cost aviation industry with homogenous service makes this industry fragmented across the United States.

    Read More

  • Starbucks Performance Management

    1523 Words  | 7 Pages

    INTRODUCTION Performance management Performance management is an important part of the company. Companies based on criteria set by the partner for evaluation, so that company manger can knows the performance of employees. Also make the partner aware of their position in the company, pragmatic to complete the work. Background of Starbucks Starbucks is the world’s largest multinational coffee chain.

    Read More

  • Michael Porter's Diamond Model

    1447 Words  | 6 Pages

    In order to get over this problem, the Firm strategy, structure, and rivalry should be understood. On the one hand, Strategy refers to Company goals that reflect the characteristics of national capital markets and the compensation practices for managers. So these small businesses should have strategy and goals in order to exist. On the other hand, Structure refers to national circumstances and context generates strong tendencies in how companies are created, organized, and managed. For these small businesses to stand in the market, they have to make a clear way of how the business is run.

    Read More

More about Stability Strategies In Business

Open Document