STRENGHTS
strong established, respected & innovative retailer with a loyal customer base strong existing physical store chain (plus rapid expansion) financial stable company; WB team has financial resources available to invest into growing opportunities, implement needed technology/processes and get the right people and tools enough experience and drive to successfully engineer & accomplish any turnaround (predisposition to successfully implement omni-channel) mission driven/ mission beyond pure retail business; proven in successfully creating mutual benefit (business – people/society) historically strong educational & influential power high compelling Whole Body assortment, high quality standards – ability to satisfy customer’s
My organisation’s mission is to provide an efficient and helpful service to all our customers so that our client base grows.
What is a business mission statement and how can it be applied in business. pg 181
Acquiring MonitoRobotics will offer instant services which will generate a positive cash flow in the long term
The company has been undertaking partnerships with others in a way to advance new technologies
The organization operates under a theory that maintains that "true excellence can be best achieved by focusing on areas of established strength and enhancing them, rather than concentrating only on repairing areas of weakness."3 The company offers job opportunities in every division; the retail stores, distribution centers, and corporate offices. Possible career opportunities in the retail stores include assets protection management, which works to implement programs designed to maximize safety, effectiveness, and efficiency; store leadership, which includes those who work to create a "fast-paced, energetic environment that delivers a consistent experience for both team members and guests"; and human resources, which works to support the mission of staffing, development, retention, and brand management. Corporate career opportunities include strategy; which works to consider guests' comments and suggestions and propose business strategies that will improve the business, and supply chain and logistics; which works to provide what the customer wants, when they want it, and at the lowest possible cost.1 The Target website has an entire section devoted to careers, and even a special section where college students and recent graduates can learn about what the organization has to offer in terms of employment.
If we stick to the plans and ethics, I think our company has a bright future
A similar mission statement was presented in the past about a railroad company. They advertised themselves as “being in the railroad business”. As other railroad companies started advertising themselves as a transportation business (a
business in check. I believe that this type of business benefits the consumer by keeping prices low
Describe the company and the major initiative(s) they have planned for the next 5 years.
Their short term objectives would be increasing sales. The vision would centre around employee co-ownership with the happiness of partners as the ultimate purpose. The mission is the satisfaction of employees. Finally, the value would be to represent the best possible choice, as a result of providing the best quality, trust and customer service.
The organisation that provides the product or service, including any mission statements, visions or goals.
Business should be market oriented that means to get a better place in the competitive market by providing better quality.
The company has made tremendous progress in the last eight years (Refer to Company Background, Appendix 1, Page ) with regards to achieving a competitive position as well as increasing its market share, but need has
To facilitate the process of achieving this goal, JKB has strategic partnered in different capacity with various organizations. A good example is the selling of its 4.8 million shares, an approximate 4.8% of its market capitalization, to Odyssey Reinsurance Company, a strategic foreign investor. The investor possesses financial capabilities and competence needed to push the bank forward. Similarly, its partnership with Microsoft Jordan was also another strategic move worth noting. The partnership guarantees the bank continuance support and consultation on key technologies that are effective in supporting the bank’s activities. Adopting, integrating and aligning technology with the business strategy of an organization has been regarded as an essential source of organization’s competitive advantage. The role of technology in IT has particularly been emphasized (JKB 2011; Zawya 2011; Betz 2001).
To begin with, Chapter two covers three important aspects of the business world which are competitiveness, strategy, and also productivity. These particular aspects are very important for any company to succeed in the world of business. With that being stated, any type of firm such as a manufacturer or a service provider, they must employ these three aspects because they play an important role in growing revenues. For an organization to even be considered successful, they must have a competitive advantage which leads to a strategy that will meet the company’s goals, while having the knowledge-ability to help produce the goods and services in a cost effective manner. Also, it is known that most organizations have a single state called the Mission Statement. The mission statement basically summarizes these three aspects of a company. One question that the Mission Statement should address is, “What level of business are we in?” This mission statement is categorized as the absolute basis for the organizational goals.