1.a) How does MindTree create, develop, and sustain communities of practice? b) What role do they play at the company? Answer: a) MindTree encourages employees who share a common passion to form groups or communities for learning, knowledge sharing, business development, or self-development. People passionate about any particular topic have to attend a workshop to prove his/her commitment to the topic. If selected, these volunteers, called “Champions”, are allowed to form and lead communities. Each group is led by multiple champions, who want to take on the role and are passionate enough to reach out to others. The selected community champions then determine the process by which other employees, who have a commonality of purpose, become part of the community. Members collectively and collaboratively determine their community’s objectives, and champions then drive the group toward meeting those objectives. The basic objectives of the communities are learning and knowledge sharing. Champions are responsible for sustaining communities by ensuring that their communities make progress on their goals, while motivating people to think and act on their own. When the objectives of a community are fulfilled, it is either closed, or morphed into a different community or transitioned to a higher level of maturity from community of interest to capacity building. b) The IT-BPO industry is a fast changing industry. The knowledge intensive products provided by the industry mature over time and become commodities. As stated by Soota, MindTree is a combination of consulting-led IT-services business and intellectual property-led R&D-services business. The IT-services business has a lot of intellectual capital in tacit and un-codified form. The R&D services require unique solutions for different projects and therefore the relevant knowledge can not be codified. Both the businesses are closely knit through a matrix structure of employees. Successful codification strategy needs...
In this case we get an entire scenario about how the Japan deflation set in, what were the effects of the deflation on the economy as well as on the people of Japan. It also mentions about the various reasons because of which Japan was in such a tight grip of Deflation, Depression, Demographics and Debts Guides us through the steps taken by the government in order to curb this deflation. Imparts a great knowledge to us about the various economic terms like deflation, self-liquidating credit, Non-Self Liquidating Credit and how the people and economy of a country is affected by these.
Free markets economies are subject to cycles. Economic cycles consist of fluctuating periods of economic expansion and contraction as measured by a nation's gross domestic product (GDP). The length of economic cycles (periods of expansion vs. contraction) can vary greatly. The traditional measure of an economic recession is two or more consecutive quarters of falling gross domestic product. There are also economic depressions, which are extended periods of economic contraction such as the Great Depression of the 1930s.
From 1991 through 2001, Japan experienced a period of economic stagnation and price deflation known as "Japan's Lost Decade." While the Japanese economy outgrew this period, it did so at a pace that was much slower than other industrialized nations. During this period, the Japanese economy suffered from both a credit crunch and a liquidity trap....
...Writing Good CaseStudiesCasestudies are stories. They present very realistic, complex, and often contextually rich situations. They may involve a dilemma, conflict, or problem that one or more of the characters in the case must negotiate.
A good casestudy is: “the medium by which a chunk of reality is brought into the classroom to be analyzed over by the class and the facilitator]. A good case ensure the class discussion is engaging and based upon some of the stubborn facts that must be faced in real life situations.” While they have been used most extensively in the teaching of basic medical sciences and and business, casestudies can be an effective teaching tool in any number of disciplines. As a teaching strategy, casestudies have a number of attributes. They close the gap between theory and practice and between the school and the workplace. They also provide students practice identifying different parameters to solving a problem, recognizing and proffering positions, evaluating courses of action, and arguing different points of view. Good casestudies have different lengths and and complexity, and can be used in many of ways, depending on the specific case and on the facilitator's objectives.
They can be relatively short (e.g. >20 pages).
They can be...
Mary Roberts had been with the company three years when she was promoted to manager of the tax department which was part of the controller’s division.Within four months she became a supervisor of ten staff accountants to fill a vacancy.Her superior believed her to be most qualified individual to fill the position.
Many senior employees resent her that she so young to fill the position and what made them more upsets was the fact tax managers did not discuss the promotion.
1.What can Mary Roberts do about the resentful senior employees?
Mary should tackle this head on she should be direct and assertive about her expectation and when people are crossing the line that means she need to be clear with people when their behavior doesn’t meet her standards and she need to be willing To set and enforce consequence if it doesn’t change
2. Can higher management do anything to help Roberts make the transitions to greater responsibility?
Yes, because they are the one who put her in that position of course they will help Mary interms of guiding it `.
3. Will her lack of technical knowledge hinder Mary’s managerial effectiveness?
No, because lacking on some aspects on technical knowledge cant bankrupt or destroy a company as long she have a guts to face and accepts failures
4. Should Mary’s superior have discussed the promotion with the senior employees before announcing it?
No, because its not their obligation...
...February of 1999. In the past four months, the NC design had developed
sustainability. The Bostrom alliance agreement for the truck market had been concluded. The
question about Elio's strategy for the entry into automobile still remained. Should Elio's joint
venture with Bostrom? Should it partner with a tier-one or a tier-two automotive supplier?
Was Elio's technology strategy aligned with the requirements for a successful entry into the
automotive market? Paul and Hari realized that they needed answers to these questions in
the coming days.
This casestudy discusses the start-up, origins and strategic options facing an innovative set up
and start up in automotive market and in the seat design. With the domination of the
incumbent large suppliers serving the top 3 leading tier-one automakers of U.S.,
Engineering faces several challenges as it seeks to introduce its new seating technology to the
market. The case can serve as vehicle to discuss important themes such as technology and
business strategy, invention and innovation, bringing technology to market and profiting from
Elio's should make a joint venture with Bostrom. Elio's has made a seat design naming "No
Compromise" with progress on cost, weight and performance compared to the conventional
design and also the existing all-belt-to-seat (ABTS). After many functional prototypes and
computer aided structural analysis, a perfect design...
...I. Environmental Analysis
When Banyan Tree Holdings Limited came to Phuket, Thailand 1994 they discovered that it was wrought with pollution of the previous tenant, a tin mine. Rather than walk away, they dedicated themselves to cleansing the acid-laden soil and planting more than 7,000 trees. In doing so, they transformed this ecological wasteland into the environmentally-sensitive, first Banyan Tree resort – an oasis that today, is both beautiful and true. This improved the environment and benefitted the community as a whole.
Banyan Tree stresses that they do not just build resorts that offer their guests a unique sense of place in an increasingly homogenous world, but that they foster relationships with local people, cultures and economies, and it nurtures sustainable physical environments. From Asia to the Americas, the Middle East and beyond, the ripples will continue to radiate forever.
Banyan Tree Holdings Limited is a leading manager and developer of premium resorts, hotels and spas in the Asia Pacific, with close to 30 resorts and hotels, over 60 spas and 80 galleries; as well as three golf courses. The Group manages and/or has ownership interests in niche resorts and hotels. The resorts each typically has between 50 and 100 rooms and commands room rates at the high end of each property’s particular market.
Banyan Tree's innovative business model is based on seven business segments generating multiple...
Sweet Tree Inc. was established on February 27, 2007. The company bought a Franchise from Inke Refill Solutions Singapore to be the authorized company to sell Inke products and to offer ink refilling Services to various brands of inkjet printers.
The business started with four personnel; the finance officer who is in-charge of treasury, the business manager who is in-charge of marketing and operations, the technical staff who is in-charge of ink-refilling and delivery, and the accounting staff who is in-charge if bookkeeping, tax compliance and accounting.
On 2009, the company added retailing of office and computer supplies’ product to its service lines. These brought significant increase to the company’s revenue as well as volume of transactions. The company hired an additional accounting staff and marketing assistant to address the increasing workload.
The company’s primary market is corporate customers. The company’s business edge is its high quality products like branded Cartridges, branded-original high memory SD cards, Laser-Printers, Computer hardwares and the like offered at a lower market price compared to its competitors like Dwinar Computer Supplies and other computer hardware supplier, logistics and product availability.
During 2013, 70% of the company’s total assets were made up of accounts receivables and inventories. The company’s dilemma is the accurate and timely update of company’s receivables and the recording of inventory...
...AB3601 Strategic management |
Banyan Tree Resorts & Hotels |
Critical Thinking Assignment |
Zhong Yicen |
U1110421ASeminar Group 7Instructor: Professor Wan Chew Yoong |
I, Zhong Yicen, declare that this assignment is my own work, unless otherwise referenced, as defined by the NTU policy on plagiarism. I have read the NTU Honour Code and Pledge. http://ntu.edu.sg/home/yclai/ Signed…………Zhong Yicen…………. Date ………3/9/2013.……. |
What is Banyan Tree doing to target travellers seeking a “Banyan Tree” experience but are more price-sensitive? Do you think this will work? Please elaborate.
Banyan Tree Hotels and Resorts (BTHR) identifies itself as the pioneer company to adopt the concept of designing individual villas as love nests for couples on holidays. “Banyan Tree experience” emphasises on complete privacy and provides an oriental getaway so customers can indulge and rejuvenate themselves within the villas, away from the bustling cites. Unlike most top-class hotel chains and resorts, BTHR saves on lavished common areas such as the lobby, and focuses on the interior décor and facilities of the villas by having themed bedrooms or installing private swimming pools for the Pool Villas. Furthermore, BHTR reverts to traditionally-styled spas...
Decision tree analysis
Decision tree analysis known as an analytical tool applied to decision-making under condition of uncertainty, also clarifying where there are many possible outcomes for various alternatives and some outcomes are dependent on previous outcomes. However, decision tree will present as a diagram by showing the relationship among possible courses of action, possible events and the potential outcomes for each course of action in the decision (Drury, 2012). So decision tree analysis is useful for merchant navy company to understand in what direction their chance events are and what their values in terms of profits and losses are for each of the two tooling alternatives, also visualize the outcomes of different prospects in order make better decision under uncertainty
Strengths of decision tree analysis
Decision tree analysis will show all the alternatives, probabilities, costs and the possible outcomes that are not even consider by the company. The company can add the possible scenario into decision tree diagram, through the diagram can calculate the expected values and a probability distribution in more complex situations and the attributes can be chosen in any desired order (Kirkwood, 2002).
Weaknesses of decision tree analysis
However decision tree analysis brings sequential decisions and class-overlap problem that...