Strategic Plan, Part III: Balanced Scorecard Strategic Plan, Part III: Balanced Scorecard A balanced scorecard is the comprehensive collection of ongoing activities and processes that organizations use to systematically coordinate and align resources and actions with mission, vision and strategy throughout an organization making it a strategic planning and management system. (Balanced Scorecard Institute, 1998-2010). The scorecard exposes financial, customer, employee learning and growth, and
to support companies’ operation and strategic growth. WestJet, as one of the most competitive international airline has invested much to the improvement of technological development. However, it now faces a great challenge during the transition into codeshare that they have no idea whether they have a great IT, if not, how to improve it to bring this company to where it need to be. This assignment is going to illustrate the key strengths and challenges of WestJet, the IT management condition and some
Running Header: Strategic Plan Part II Strategic Plan Part II – Environmental Analysis and Setting Strategic Goals HCS 586 March 5, 2012 Strategic Plan Part II – Environmental Analysis and Setting Strategic Goals Strategic planning can dictate the success of any organization if properly planned as well as the failure of an organization if not implemented as planned. Strategic planning is all about making choices. It is a process designed to support leaders in being intentional about
WestJet Strategic Audit by: Tanya Witherington #3136712 Abdullah Saleh #3157594 Tyler Ethridge #3084252 Natasha King #265841 Yao Yao #3111635 Jaiqi Lu # BA 4101 March 21, 2005. Daniel Doiron UNBSJ West Jet I. Current Situation A. Current Performance • WestJet owned 28% of the domestic air market share in 2004 vs. 25% in 2003. • For the year ended December 31, 2004
2. Introduction to Strategic marketing plan means consciously choosing to be clear about TCC direction in relation to what’s happening in the dynamic environment. With this knowledge, you’re in a much better position to respond proactively to the changing environment. Strategic plan is the formalized roadmap that describes how TCC executes the chosen strategy for membership base. A plan spells out where an organization is going over the next year or more and how it’s going to get there in order to
November 15, 2011 Company Overview Westjet, established in1996, is a low-cost Canadian airline company specializing in flights to various destinations in Canada, the United States, the Caribbean and Mexico. It is a non-union, self-run employee organization that focuses on world-class guest experience at an affordable rate. Westjet prides itself on a corporate culture that blends devoted employees with efficient service. Westjet’s business plan, since day one, has been focused on a distinct
JetBlue and WestJet: A Tale of Two IS Projects How important is the reservation system at airlines such as West Jet and JetBlue. How does it impact operational activities and decision making? Over the past years, it seems customers have heavily relied on airline reservation systems to book their tickets, reserve seats, pay for the tickets, and check-in-online. This has been very convenient for customers to plan their trips. These systems have also allowed the airlines to manage their whole flight
Summary i Table of Contents 1 About WestJet 1 Market Share 2 Domestic 2 International 3 Market Position and SWOT Analysis 5 WestJet Key Financial Ratios 7 Accounting, Finance, Legal and Environmental Issues 8 Shareholders and Company Ownership 8 Accounting Policy and Internal Control 9 Legal 9 Environmental 11 Investor Recommendations 12 Bibliography 13 THE COMPANY AND ITS POSITION IN THE MARKET Competitive Landscape Markets where WestJet competes: • Airlines • Consumer Services
Strategic Plans Foremost for the success of our team, it was felt that the development of a strategic plan was essential—before we started the simulation. It was determined that our team had to focus on three principles for determining a strategic plan: Strategic Position; Strategic Trade-off; and Strategic Fit (Porter, 2006). Our basic strategic plan can be paraphrased as: focusing on production utilization, manufacturing a product that was different than the competitions, focusing on a product
state of OP4.com 's culture at its Vancouver head office would survive this restructuring. NOTE 1. Source: Jupiter Communications, 2000. WESTjET AIRLINES (A): THE CULTURE THAT BREEDS A PASSION To SuccEED Prepared by Ken Mark under the supervision of Professor Gerard Seijts Copyright© 2001, lvey Management Services INTRODUCTION It was April 17, 2001, and WestJet 's market capitalization had just surpassed that of Air Canada 's, the country 's leading airline. "We 're in the hospitality business and