Download or read book Strategies for Declining Businesses written by Kathryn Rudie Harrigan and published by Free Press. This book was released on 1980 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Strategies for Declining Businesses written by Raymond Alain Thiétart and published by . This book was released on 1984 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Managing Maturing Businesses written by Kathryn Rudie Harrigan and published by Simon and Schuster. This book was released on 1988 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: While fully two-thirds of all businesses in the United States, Western Europe, and Japan are experiencing stagnant or slowing demand, most companies in these categories are either unaware of their true situation or do not dare to confront it. Blind to alternatives beyond complete divestiture or milk
Download or read book Entrepreneurial Strategy written by Lucio Cassia and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurial Strategy aims to revive the debate on the role of entrepreneurship in the context of mature business. The authors contend that mature and declining industries are increasingly dominated by the negative pressure of external factors but they are also embedded with a potential renewed role for entrepreneurship because the industry forces as a whole tend to break up, leaving space for strategic business innovation.
Download or read book Strategies for Declining Businesses Declining Businesses written by Kathryn Rudie Harrigan and published by . This book was released on 1980 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Readings in Strategic Management written by Cliff Bowman and published by Palgrave Macmillan. This book was released on 1989-11-01 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection which is part of the Open University integrated teaching system, this book is designed to evoke the critical understanding of students. There are readings covering the strategic management process, strategy formulation and managing strategic change.
Download or read book Strategies for Declining Businesses written by Kathryn Rudie Harrigan and published by . This book was released on 1979 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The End of Competitive Advantage written by Rita Gunther McGrath and published by Harvard Business Press. This book was released on 2013-05-14 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are you at risk of being trapped in an uncompetitive business? Chances are the strategies that worked well for you even a few years ago no longer deliver the results you need. Dramatic changes in business have unearthed a major gap between traditional approaches to strategy and the way the real world works now. In short, strategy is stuck. Most leaders are using frameworks that were designed for a different era of business and based on a single dominant idea—that the purpose of strategy is to achieve a sustainable competitive advantage. Once the premise on which all strategies were built, this idea is increasingly irrelevant. Now, Columbia Business School professor and globally recognized strategy expert Rita Gunther McGrath argues that it’s time to go beyond the very concept of sustainable competitive advantage. Instead, organizations need to forge a new path to winning: capturing opportunities fast, exploiting them decisively, and moving on even before they are exhausted. She shows how to do this with a new set of practices based on the notion of transient competitive advantage. This book serves as a new playbook for strategy, one based on updated assumptions about how the world works, and shows how some of the world’s most successful companies use this method to compete and win today. Filled with compelling examples from “growth outlier” firms such as Fujifilm, Cognizant Technology Solutions, Infosys, Yahoo! Japan, and Atmos Energy, The End of Competitive Advantage is your guide to renewed success and profitable growth in an economy increasingly defined by transient advantage.
Download or read book How To Save A Declining Business The Top Business Recovery Strategies To Turn A Company Profitable And The Importance Of Operating A Business Cost Effectively written by Dr Harrison Sachs and published by . This book was released on 2020-03-03 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essay sheds light on how to save a declining business and elucidates the top business recovery strategies to turn a company profitable. Moreover, the importance of operating a business cost-effectively is delineated in this essay. In spite of the seemingly insurmountable challenge of turning around an unprofitable business, salvaging a declining business on the cusp of filing for bankruptcy is far more viable than presumed possible. Business recovery strategies can be implemented as a last resort to render an unprofitable business eminently profitable or at the very least solvent. Business owners should learn how to operate their businesses efficaciously so that they do not have to resort to exhausting contingency plans. The first business recovery strategy involves undergoing extreme measures to cut costs in as many areas as viably possible. Executing this strategy goes beyond simply trimming off the fat, metaphorically speaking. Instituting this strategy can entail drastically reducing overhead costs and labor costs. Some major changes that can be undergone encompass leveraging "contract, temporary or outsourced employees to replace higher-cost personnel" (Totka) and doing everything in your purview to minimize labor costs. Moreover, faltering companies can also reduce their marketing costs, close office locations, and can even search for more affordable suppliers to buy products from which can help them significantly reduce their costs of goods sold. Variable expenses that can be cut back and that least contribute to increasing the bottom line should be either severely reduced or completely eliminated if feasibly possible. Declining companies can capitalizing on more profusely leveraging social media platforms for content marketing purposes and can even launch affordable pay-per-click campaigns on low cost advertising platforms, such as FaceBook and Instagram, to not only refocus their marketing efforts, but to also attain more targeted reach in a far more cost-effective manner than utilizing traditional marketing strategies. Slumping companies can also consider fully migrating their business operations online by becoming an e-commerce business and by also utilizing drop shippers preempt needlessly incurring the inventory storage costs associated with storing inventory. Leveraging drop shippers to fulfill orders can even help companies completely eliminate inventory storage costs. Companies can also seek to buy inventory as needed from more affordable suppliers, especially if a copious amount of suppliers offer homogeneous retail products that the company sells. The second business recovery strategy revolves around emphatically focusing on sales and marketing efforts to become profitable. Businesses can generate more sales revenue by acquiring more loyal customers, by generating more sales volumes as a result offering lower product prices, or by charging loftier premium prices for their products. In spite of whichever sales strategy and pricing strategy they pursue for the prospect of maximizing profits, the company will need to efficaciously digitally market their products in a manner that eminently complements their selected strategies. As challenging as it might appear to save a struggling business, businesses are not unsalvageable. Declining brands that are willing to embrace necessary changes and efficaciously leverage effective business recovery strategies in order to parlay their revamped business model into a profitable business venture can make a resurgence in the marketplace. Brands that can most cost-effectively maximize their market reach and advertising impact and that can also minimize labor costs while still leveraging a competent workforce are highly apt to eventually become profitable. Failing companies that neglect to embrace customer feedback, refuse to cut costs and change an unprofitable business model, and that abstain from implementing effective business recovery strategies will become defunct.
Download or read book Strategies for Declining Business written by Kathryn Rudie Harrigan and published by . This book was released on 1979 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book End Game Strategies for Declining written by Harrigan and published by . This book was released on 1983-01-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Strategic Options in a Declining Industry Environment written by Markus Karmann and published by GRIN Verlag. This book was released on 2012-05 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2012 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, Reutlingen University, language: English, abstract: At some point in time, business students around the world will most likely be confronted with the famous product and industry life cycle. This tool is mainly used as a marketing instrument. It offers advertising and investment directions for each of the three to five stages of the cycle. Everything in this theory seems obvious and clear, until the "decline" stage of the cycle is reached. The question is, is there really only one option, namely to harvest and then divest, in the last phase of the life cycle? Is the decrease in revenues and profits inevitable? The past shows that this is not necessarily the case. Some companies actually did generate profits and proved to be quite successful in a difficult market environment. Take for example the fountain pen maker Mont Blanc. The market for fountain pens has been declining for decades due to technological change (invention of typewriters and computers) and also consumer preferences. However, Mont Blanc has set up a selective shrinkage ("niche") strategy by attracting high-income professionals and promoting their fountain pens as a luxury good. As a result, the company has achieved stable revenues and high margins within a declining industry (Grant 2010). In the following, this paper will examine what a declining industry is, what characteristics a declining industry shows and what strategic options companies within such an industry environment have.
Download or read book Business Strategies for Firms in Declining Industries Caused by Low Cost Import Penetration written by Nawawi Bin Mohammed Jan and published by . This book was released on 1995 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Good Strategy Bad Strategy written by Richard Rumelt and published by Currency. This book was released on 2011-07-19 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Good Strategy/Bad Strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful action-oriented strategy for the real world. Developing and implementing a strategy is the central task of a leader. A good strategy is a specific and coherent response to—and approach for—overcoming the obstacles to progress. A good strategy works by harnessing and applying power where it will have the greatest effect. Yet, Rumelt shows that there has been a growing and unfortunate tendency to equate Mom-and-apple-pie values, fluffy packages of buzzwords, motivational slogans, and financial goals with “strategy.” In Good Strategy/Bad Strategy, he debunks these elements of “bad strategy” and awakens an understanding of the power of a “good strategy.” He introduces nine sources of power—ranging from using leverage to effectively focusing on growth—that are eye-opening yet pragmatic tools that can easily be put to work on Monday morning, and uses fascinating examples from business, nonprofit, and military affairs to bring its original and pragmatic ideas to life. The detailed examples range from Apple to General Motors, from the two Iraq wars to Afghanistan, from a small local market to Wal-Mart, from Nvidia to Silicon Graphics, from the Getty Trust to the Los Angeles Unified School District, from Cisco Systems to Paccar, and from Global Crossing to the 2007–08 financial crisis. Reflecting an astonishing grasp and integration of economics, finance, technology, history, and the brilliance and foibles of the human character, Good Strategy/Bad Strategy stems from Rumelt’s decades of digging beyond the superficial to address hard questions with honesty and integrity.
Download or read book An Examination of Strategies Appropriate for Firms Operatingin Declining Industries written by Ghazali Bin Atan and published by . This book was released on 1983 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Declining Demand Divestiture and Corporate Strategy written by Kathryn Rudie Harrigan and published by Beard Books. This book was released on 2003 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a reprint of a previously published book. It's original title was Strategies for Decliing Businesses.
Download or read book Responsible Restructuring written by Wayne F Cascio and published by Berrett-Koehler Publishers. This book was released on 2002-09-09 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Firms that restructure through downsizing are not more profitable than those that don't, and often end up hurting themselves in the long run. Responsible Restructuring draws on the results of an eighteen-year study of S&P 500 firms to prove that it makes good business sense to restructure responsibly-to avoid downsizing and instead regard employees as assets to be developed rather than costs to be cut. Wayne Cascio explodes thirteen common myths about downsizing, detailing its negative impact on profitability, productivity, quality, and on the morale, commitment, and even health of survivors. He uses real-life examples to illustrate successful approaches to responsible restructuring used by companies such as Charles Schwab, Compaq, Cisco, Motorola, Reflexite, and Southwest Airlines. And he offers specific, step-by-step advice on what to do-and what not to do-when developing and implementing a restructuring strategy that, unlike layoffs, leaves the organization stronger and better able to face the challenges ahead.
