SCP model Strategy Essay Example for Free

SCP model Strategy Essay Building on the SCP model, Michael Porter developed the highly influential five forces model. Porter’s model identifies five key competitive forces that managers need to consider when analysing the industry environment and formulating strategy: Porter‘s 5 competitive forces model is starting point for strategic analysis that is used for assessing the attractiveness of an industry (Johnson,et al , 2008) and discovering a desirable strategic innovation that improve the industry and company profitability (Wit and Meyer,2005) The threats to new entrants: The threat from new entrants is very high. Entering the electric automotive industry in 2003, Tesla itself faced the challenges of being the new entrant into the market having numerous financial troubles that required high capital investments, building the brand and distributions channels. However, for established manufacturers with considerable economic power to enter this market is relatively low due to their capabilities and governmental program support for developing electric vehicle (Shirouzu, 2011). There is a relatively low barrier to entry due to the higher demand for environmental friendly vehicles and with other outlets for available technology for lithium-ion batteries, it is a level of playing field where any company can replicate (Shirouzu,2011). This is an external threat that Tesla faces because this technology is easy to imitate by competitors. The bargaining power of Buyers Overall bargaining power of buyers is modest. According to Tesla Annual Report (2014), they rely on their relationship with Daimler and Toyota (Brown, 2013). The partnership is very important for Tesla, because supplying these companies constitutes the high share of their profit and thus, they cannot lose them, making their power considerably high. However, they also sell their cars to individual customers, and many government incentives give potential customers tax credit deduction (Ministry of Transportation, 2010). These programs stimulate the demand of electric cars that makes bargaining power low. Threat of Substitution The threat of substitutes is considerably law in automotive industry, because there are only few choices in the substitution of car. One of the  substitutes can be walking or biking that is very inconvenience for long distances. Moreover, mass transportation such as trains, buses, and subways are substitutes that are suitable for local and distant travelling (Dutch, 2008). However, many people prefer to have their own car that is more convenient. The Bargaining Power of Suppliers The power of suppliers is very high due to the fact that company is highly dependent on these suppliers and any problems with components delivering will result in production disruption that negatively reflects on company image. This is due to purchasing components from over 200 suppliers over the world. Despite of building close relationships with main suppliers such as Panasonic (Tesla Motors, 2014), working together on the development of new battery cell and replacing Lotus supplier ‘s chassis with manufacturing by themselves (Tesla Motors, 2014), many suppliers stay single sources of components used in their cars (Harryson and Keller, 2013) The Intensity of Rivalry in the Industry The rivalry in the whole automotive industry is very competitive. However, within electrical vehicle market in which Tesla position itself, the rivalry is modest because of small number of competitors in the face of 18 different current models, the main of which are Nissan Leaf Ford Focus BEV and Chevrolet Volt (Insideevs.com, 2014). However, this market is very attractive and expanding fast, therefore more companies, including BMW, Audi and Volkswagen, has entered it recently with their plug-in models (White, 2013). In addition, every company is trying to create their niche, developing many alternatives in term of environmentally friendly cars, including hybrids, small performance turbo diesels and biodiesel cars. Thus, in future, the rivalry will be more intensive and companies will need to keep innovative, improving and making better cars. Brown, N. (2013). Daimler Wants Increased Cooperation With Tesla Motors. [online] CleanTechnical. Available at: http://cleantechnica.com/2013/11/07/daimler-wants-increased-cooperation-tesla-motors/ [Accessed 6 April. 2014 Harryson, S. and Keller, S. (2014). Tesla Motors Case II: From Technology Start up to Commercialization Vehicle.CIEL. [online] Available at: http://ciel-lab.dk/wp-content/uploads/2013/04/Case_Tesla-Motors-Part-II.pdf [Accessed 1 April. 2014] Insideevs.com, (2014). February 2014 Plug-In Electric Vehicle Sales Report Card | Inside EVs. [online] Available at: http://insideevs.com/february-2014-plug-in-electric-vehicle-sales-report-card/ [Accessed 3 April. 2014] Ministry of Transportation, (2010). Newsroom : Ontario Paves The Way For Electric Vehicles. [online] Available at: http://news.ontario.ca/mto/en/2010/06/ontario-paves-the-way-for-electric-vehicles.html [Accessed 4 April. 2014] Tesla Motors, (2014). About Tesla | Tesla Motors. [online] Available at: http://www.teslamotors.com/about [Accessed 20 April. 2014 Wit, B. and Meyer, R. (2005).Strategy synthesis. 3rd ed. London: Thomson Learning.

king tutt :: essays research papers

Tutankamun’s Life Tutankhamun, or better known as King Tut, was a pharaoh who accomplished little in his life. He did not expand Egypt’s borders nor enjoy triumphant victories like the many pharaohs before him; however, he is the most recognized and probably the most famous pharaoh today. But why is he so famous? This answer can be attributed to the discovery of his tomb and his elaborate treasure. King Tut’s tomb was a major discovery of the 19th century. It was discovered November 4, 1922 in the Valley of the Kings by Howard Carter. It was a phenomenal discovery that made headlines across the world. Up until the discovery of King Tut’s tomb, it was believed that all royal tombs had been robbed and drained of their treasure. For the first time, a tomb, which was almost intact, had been discovered and remained hidden from robbers for thousands of years. The tomb revealed an elaborate lifestyle that many people could only dream about as well as providing clues and insight into King Tut’s life and how he lived. Even though little is known about Tutankhamen’s life, we do know that he was given the throne at a young age, which it has been estimated that he was about eight or nine years old when this happened. During the time that this occurred, Egypt was in turmoil due to his father’s religious movement. His father, which is believed to be Akhenaten, had changed the religious system and the old beliefs that had been practiced for hundreds of years before him. This religious change angered many angry citizens and priests. Tutankamen was left with an angry and chaotic Egypt to rule. The birth name of Tutankhamen was Tutankhaton, which meant â€Å"Living Image of the Aten.† His father, which remains a mystery, is believed to be Akhenaten, although some evidence points to Amenhotp III. His mother remains a mystery as well but she is believed to be Kiya. It is thought that Tutankhaton must have had a good childhood. He probably spent his younger years hunting, swimming, and studying. His tomb revealed he enjoyed board games. Like most children, he probably found politics unexciting and went about his environment enjoying leisurely activities. Because he was a child, he probably had an ignorant view about his father’s teachings and politics. He was also believed to be an ill child due to the many walking canes that were found inside his tomb.

Internal and External Forces and Change Essay

Within the business world, there are different theories of effective change implementation. The corporation this research focuses on is Duke University Children’s Hospital, which is highlighted in the textbook. The topic of the research paper will focus on the process of implementing change within the hospital. Implementing change within organizations is very relevant to this course. Not only is the course called Leading Organization Change, but the topics we have been focusing on revolve around methods of implementing change. With changes, organizations need to take steps to fully plan the change in order to ensure a smooth transition and acceptance (Spector, 2013). Research will show how Duke University Children’s Hospital assessed the internal and external forces that impacted the change and how they assessed if the organization was ready for change. Also, research will show what model and strategies were used during the organizational change along with an analysis o f whether resistance to the change occurred and if so, how it was dealt with. Finally, I will strategize how to handle leading group changes within a similar context. Often times, financial crises spurs change in organizations. This was the case for Duke University Children’s Hospital. An assessment was made by the key administrators that showed how dire their financial situation truly was due to various reasons. This resulted in the pending elimination of programs and reduced services. Additionally, sales productivity had dramatically fallen as well as patient and staff satisfaction reaching its lowest point. These negative factors caused the hospital to make an assessment that they were ready for change. Change was the only thing that would keep their doors open to the public and Meliones knew that once people understood the situation more fully, change would be a goal on all of the staff’s minds. The first step Meliones took was to diagnose what the root causes of the financial crisis was with the staff (Spector, 2013). By creating a sense of urgency around the need for change to a wide variety of staff members, the change impleme ntation process started out on the right path (Russell, 2013). One problem they immediately noticed was that each group of employees (accountants, administrators, clinicians, etc.) was working towards individual goals instead of understanding what the goals of the organization were. This assessment of internal forces that could impact  the change led the staff to understand that it was essential to create a sense of shared responsibility for the organization’s performance as well as changing the previous patterns of behavior. The hospital’s chief medical director, Jon Meliones, realized that these problems could not be addressed by the chief executive officer and chief operation officer alone. These problems needed the combined efforts of all administrators and clinicians in order to successfully come out of the negative place they found themselves in. Meliones, the chief nurse executive, and the nurse managers decided on a tactic that brought together the connection between financial performance and excellence of the health care provided to patients. Under their planned strategic renewal, both financial performance and excellent patient care would be dual focuses. During the shared diagnosis stage, the wide spectrum of employees was educated in the external forces their hospital was up against financially. They realized that because the external forces would most likely not change, changes needed to be made primarily internally (Spector, 2013). Next, implementation moved to the pediatric intensive care unit. It was crucial that new behaviors became operationalized by the redesign of roles, relationships, and responsibilities. The team was able to redesign how every member (doctors, nurses, medical staff, accountants, etc.) would perform their tasks. This redesign was done alongside the members in order to get input. There was a decision to use the balanced scorecard measurement tool once they got to the stage where measurements could be utilized. This measurement tool utilized measurements of many things such as customer satisfaction, financial outcomes, processes of the business internally, and the learning/growing abilities of the organization. These measurements were done in hopes to aide in the reinforcement of all new behaviors that were expected. Because of these new tactics, within three years, the hospital began making a profit again (Spector, 2013). What was crucial to the success of Meliones and his team was the sequence they chose to take during the intervention. First, Meliones kept the staff involved by facilitating a shared diagnosis process which helped find the root of the hospital’s financial issues. The process of unfreezing is  important because this is when group members become dissatisfied with current performance or situations. Because Meliones used this approach instead of lecturing the employees on how to change, the employees were given the opportunity to learn and they felt more involved. This allowed the process of formulating an appropriate response to the issues be a group effort as opposed to Meliones coming up with a plan on his own that may have been resisted. The way to overcome defensiveness, when employees resist change, is to get broad-based participation. The shared diagnosis approach surfaced the connection between their financial performance versus behavior patterns and brought agreement am ong employees about what needs to change. Of course, Meliones could have chosen the approach of presenting to the employees all that was wrong and what the new plan would be, including the balanced scorecard. This would have made the unfreezing stage nearly impossible to accomplish if this approach had been taken. Second, he formulated a cross-functional team made of many different positions. This team had a goal to decide the best way to provide excellent customer service for their patients as well as perform well financially. By using the approach of task alignment, Meliones spurred the organization to focus not only on how the staff could work better together, but a dual focus on excellent patient care and financial performance. It was crucial at this stage to get employees to understand how their roles must interact and rely on other roles within the hospital to be successful. This involved educating all employees about the organization as a whole to give everyone a broad perspective and understanding. Third, Meliones began implementing the changes needed specifically in the pediatric intensive care unit. Fourth, every unit member had a redesign of roles, relationships, and responsibi lities. The last step involved using the balanced scorecard system to reinforce the new behaviors within the organization. This sequence was done for each unit within the organization and as a result, the hospital completely changed their downward trajectory within three years (Spector, 2013). After seeing the success that Duke Children’s Hospital experienced in their strategies, I would take the same approach if I were expected to lead group change in a similar situation. Within the process of shared diagnosis, a  shared commitment to the ideas and action plans is incredibly valuable. When people come together, they stimulate, motivate, and inspire each other to bring forward the best ideas (Fullan, 2001). By involving many employees in the process, the positive effect is that they naturally will have a clear understanding of how the necessary changes will actually benefit the organization (Nguyen, 2010). References Fullan, M. (2001). Leading in a culture of change (1st ed.). San Francisco, California: Jossey-Bass. Nguyen, S. (2010). Implementing change and overcoming resistance. Workplace Psychology. Retrieved from http://workplacepsychology.net/2010/02/05/implementing-change-and-overcoming-resistance/ Russell, J. (2013). How to create change in the workplace. The Washington Post. Retrieved from http://www.washingtonpost.com/business/capitalbusiness/how-to-create-change-in-the-workplace/2013/11/27/9d62f8de-5548-11e3-835d-e7173847c7cc_story.html Spector, B. (2013). Implementing organizational change (3rd ed.). Upper Saddle River, New Jersey: Prentice Hall.

The Individuals With Disabilities Education Act - 786 Words

The Individuals with Disabilities Education Act is an act introduced by Senator Tom Harkin (D-IA) on October 31, 1989. IDEA was signed into law almost a year later by President George H.W. Bush. The Purpose of the Individuals with Disabilities Education Act is to give students with disabilities the rights and educational opportunities as children without disabilities. IDEA is separated into four parts: A. General Provisions B. Assistance for education of all children with disabilities C. Infants and Toddlers with disabilities D. National Support Programs Administered at the federal level Under the IDEA Act schools have to undergo the Individualized Education Program (IEP) process for each student with a disability. In order for this process to begin the parent has to request, in writing, for their student to be evaluated to determine if they are eligible for an IEP or if they need a 504 accommodation plan (extra test time, sit in the front of the class room, etc.) If the parent does not agree with the schools findings, they can request an Independent Educational Evaluation (IEE), at no charge to the parent. Significance of the Law Before the IDEA act was created, many students with disabilities did not receive the proper education because of their disability. Many states had laws that barred them from public schools. The few places that allowed students with disabilities to attend school were either very expensive or did not have the necessary resources to provide aShow MoreRelatedIndividuals With Disabilities Education Act930 Words   |  4 PagesIndividuals with Disabilities Education Act (IDEA) 2004 went into effect July 01, 2005. IDEA Part C covers children through the age of two, Part B covers children from the age of three to twenty-one. Children with disabilities are guaranteed special education services, and a fair and impartial education regardless of what or severity of their disability, from the time they are born to the time they graduate high school. The families of the children with disabilities cannot be asked to pay for specialRead MoreThe Individuals With Disabilities Education Act Essay1666 Words   |  7 PagesThe Individuals with Disabilities Education Act, which originally began as the Education for All Handicapped Children Act of 1975 (EHA), was created to ensure a free and appropriate public education to children with disabilities. This policy was implemented in an effort to provide equal access to education for all. Prior to 1975, the needs of children with disabilities were highly overlooked. According to the Department of Education, Office of Special Education and Rehabilitative Serv ices (2010)Read MoreThe Individuals With Disabilities Education Act1711 Words   |  7 Pages The Individuals with Disabilities Education Act and the Meaning of â€Å"Free Appropriate Public Education† for Students with Disabilities is detailed below: Congress passed the IDEA in 1975 to ensure that children with disabilities had the opportunity to receive an appropriate education. To qualify for federal funding under the Act, a state must demonstrate that it has a policy in effect that â€Å"assures all handicapped children the right to a free appropriate education.†6 IDEA requires school districtsRead MoreThe Individuals With Disabilities Education Act1535 Words   |  7 PagesTHE INDIVIDUALS WITH DISABILITIES EDUCATION ACT (IDEA) IDEA is the main law addressing the education of children and adolescents with disabilities. It ensures all individuals with disabilities between the ages of 3−21 the right to a free, appropriate public education (FAPE), regardless of the nature or severity of the disability. Schools must therefore provide services to meet the particular educational needs arising from a disabling condition that cannot be met in the general educational programRead MoreIndividuals With Disabilities Education Act787 Words   |  4 PagesSebrena Pierce CD 115 Jones 4/1/16 Individuals with Disabilities Education Act The law or act that I chose to do my research paper on was the Individuals with Disabilities Education Act. As a student with a disability this act helped out tremendously throughout my educational journey. There are 6.5 million individuals who receive some type of special education services. The IDEA act created a positive stigmatism on individuals with disabilities. IDEA should be able to continue to create a positiveRead MoreThe Individuals With Disabilities Education Act2065 Words   |  9 PagesThe Individuals with Disabilities Education Act, also known as IDEA was originally created in 1975 to ensure that children with disabilities were given the opportunity to receive a free and adequate education. IDEA has been revised and many times since 1975, the most recent being in 2004. IDEA consists of parts A, B, C, and D. Part A outlines the basic foundation, and defines terms used throughout the act. Part B outlines the responsibilities of schools to educate students aged 3-21. The IndividualsRead MoreIndividuals With Disabilities Education Act1688 Words   |  7 Pages INDIVIDUALS WITH DISABILITIES EDUCATION ACT IDEA - - - - A law ensuring services to children with disabilities throughout the nation. IDEA governs how states and public agencies provide early intervention, special education, and related services to more than 6.5 million eligible infants, toddlers, children, and youth with disabilities. http://idea.ed.gov/ IDEA -Was originally enacted by Congress in 1975 to ensure that children with disabilities have the opportunity to receive a free appropriateRead MoreThe Individuals With Disabilities Education Act Essay2262 Words   |  10 Pages The Individuals with Disabilities Education Act (IDEA) is a four-part piece of American legislation that ensures students with disabilities will receive a Free Appropriate Public Education (FAPE) that meets their individual needs. From 1975 to 1990, IDEA was known as the Education for All Handicapped Children Act (EHA). In 1990, the United States Congress reauthorized EHA and changed the title to IDEA (Public Law No. 94-142). This law had a dramatic, yet positive impact on millions of childrenRead More Individuals with Disabilities Education Act Essay1626 Words   |  7 Pagesprinciple behind IDEA was to ensure an equal opportunity for all children. In order to affect that idea, we have to find a balance between all children’s needs. In 1975, came the passage of the federal Education of All Handicapped Children Act, now revised as the Individuals with Disabilities Education Act (IDEA, 1990). For handicapped children, the law was long overdue. The designers of IDEA saw the mselves as progressive reformers, designing fairer, more responsive schools. The lawmakers were attemptingRead MoreThe Individuals With Disabilities Education Act Orders1729 Words   |  7 PagesThe Individuals With Disabilities Education Act orders all states to give disabled students a free and appropriate education. Many schools in the United States mainstream disabled students and have succeeded in properly educating them, along with creating a safe environment where they are socially comfortable and accepted. However, there are too many incidents where teachers improperly handle these students and administrators do not give enough money to fund adequate supplies for these students.