The Ideal Business Model Of A Company

I would advise the CEO that to better serve the company’s desire we would start with a strategic plan by setting goals and objectives. It would be best to elicit the opinions of every staff member on how they feel about the company’s goal. After listening to the staff opinions on how best to implement the goals, a plan is to be put in place detailing the steps by steps on how to achieve each tasks. I would emphasize to the CEO the importance of setting goals and communicating them effectively to the staff members, especially those who will be the managers. Additionally, the CEO is to consider the needs of each individual in the company. It is important to address both the task and the needs of the employees ( Phillips & Gully, 2014).

If the company wants to solve its problems and become attractive for the potential investor, it should solve all its problems. The most important, company has to develop a business plan. In this plan, all the problems will be solved through stating company’s vision, mission, objectives, marketing, production and financial plan.

The company goals are straight forward; maintaining efficient interdependent groups that work together to achieve

449). Secondly, the Chief Executive Officer is an organizational leader following standards of conducts that refer “the officer reasonably believes to be in the corporation’s best interest” (Thompson, 2008, p. 17). A strong leader can only lead when that leader knows what direction they are going. For example, one activity for distributing from centralized leadership is “a structural layer that forms the overall frame and direction for knowledge creation in the organization”; therefore, knowledge of proper management skills is important (Jain & Jeppesen, 2013, p. 349). To overcome a leaderless organization an employee or manager can take initiative by setting department goals that include a mission and a vision. Then, strategically formulate organizational goals that support the corporation’s best interests. All in all, an organizations department management team can create a strategic management process per department that supports the organizations best interest.

Based on the organization you have selected, this week you will write a (500 word maximum) Strategic Leadership and Entrepreneurship section that addresses the following topics:

The bottom line for the CEO is profits, the CEO has to insure the company makes a profit; more of a profit than their competition. In order to do this, the CEO has to set their company appart and the best tool to do this is the mission statement. Whole Foods Market ® is selling a concept as well as a product and their mission statement provides the basis for their business plan.

As we all know that stakeholders are an important part of an organization, so it is the responsibility of an organization to satisfy their stakeholders in the best way. If I am a CEO of the Monsanto organization, I am always focusing on all activities which derive the large level of satisfaction to my stakeholders. For example:- firstly, I am focusing on identifying those reasons which provide happiness to our stakeholders, so that by using those reasons we can take various steps to make them happy always. Secondly, as a CEO of Monsanto, I am trying to give them a feeling of an honored person by respecting their views or by including them all the business decisions. Thirdly, as a CEO I should plan my future activities so that there is not conducting any wrong thing and able to achieve all the set targets.

Business models have a huge impact on how an organizations operate. It is crucial that an organization chose a business model before inception in order to succeed. Basically, business models have become the new basis of competition, replacing product features and benefits as the playing field on which companies emerge as dominant or laggards (Plantes, 2013).

In order to be successful in the long range, the CEO's strategy must encompass countless factors. He must devise a plan to grow the business in the face of competitors, not only from within the United States but from any and every region of today's global economy. The CEO calls the plays for a team of tens (and sometimes hundreds) of thousands of workers. All of the actions of every employee and every aspect of the business must be coordinated and integrated to produce the cars, computers or CAT scanners that yield profits to the company. It is the CEO who is responsible for that integration.

CEO is to “pick initiatives and businesses to get involved in, shape the company culture, pick great people.

It is in facts generally believed that corporations rely on critical factors that allow them to face the competitive pressures in the marketplace. The focus of these interviews is therefore dedicated on the stakeholder analysis, on the management of the people that compose working teams, and on the management of information flows within the company.

M & S moderately or diligently aligns its products and ideas based on the dynamic or ever transforming market trends and fashion needs. According to the case study, M & S is highly concentrated in the fashion industry and its ever-growing demand for its exclusive garments and customized accessories. Hands-on approach is mostly utilised by modelling agencies to fulfil the industry’s standards, and in the process valued customers attain assistance from M & S to enable open communications pertaining to the required alters to be made to placement orders. M & S has put in place two forms of communications to assist customers who require to voice out changes

As mentioned in the article, a good business model tells a good story. Effectively communicating an organization’s business model and strategy to all the members (employees) of the organization can enhance the company’s performance. By understanding where each individual stands and how they contribute to the value chain,

Michael Lewis (2000: pages 256-257) scoffed at the whole attempt to formalize the definition of business models when he wrote that “ “Business Model” is one of those terms of art that were central to the Internet boom: it glorifies all manner of half baked plans. All it really meant was how you planned to make money.”

Fourth, is that the CEO is the champion of a capabilities-based strategy. I think that this puts the pressure on the CEO because he will be the one responsible for the direction of his company and the decisions he make can shape the future of the company. To be able to be a good CEO, one must outperform the completion in responding quickly to customer demands and to incorporate new ideas into products, produce a product that unfailingly satisfies customer’s expectations, see the competitive environment clearly, adapt simultaneously to many different business environments, and generate new ideas and to combine existing elements to create new sources of value. It is obvious that the CEO has a very big responsibility. In summary, the article speaks about the new logic of growth today, being a capabilities predator, a company focusing and investing more on its capabilities to satisfy the customer. But a question comes to mind after reading this article, what is the future of capabilities-based competition? If some time ago, the traditional companies were successful and were replaced by the growth of capabilities-based companies, what will happen if most of the companies will become more capabilities-based? Will the growth of these companies be consistent? Or will there be a new kind of competitor that dominates the market in the future? One thing is for