Expanding to Kava
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The paper explains why, by setting up operations in Kava, the company would not only expand its marketing scope but would also reduce its production costs. The paper discusses how the company will have to build the right organizational culture, integrate the employees into this culture, and will have to repair infrastructural damage from natural disasters to ensure corporate social responsibility.
From the Paper:"In setting up operations, the management would have to build up an organizational structure which aligns core competencies to the strategic focus of the company. Therefore the strategic planning process would have to be carefully conducted in order to ensure long-term viability which has been one of the key success factors of the company's operations in the US. The strategic planning process should start with analyzing what is important for the company. This is critical for ensuring that employees understand the direction of the strategic focus of the company. The next step in the strategic planning process is to develop goals that enable employees to perform in alignment with what is important for the company. In the present context, the important factor for the company is to develop products at the lowest possible cost while maintaining quality. Therefore the goals are to manage the supply chain in such a way that the cost of sourcing raw materials is minimized."
Sample of Sources Used:
- Armstrong, Michael. (2005). Strategic Human Resource Management. Prentice Hall.
- Hill, Charles., and Gareth Jones. (2007). Strategic Management Theory: An Integrated Approach. McGraw Hill/Irwin.
- Hitt, Michael A., et al. (2007). Strategic Management Concepts. Wiley.
Cite this Business Plan:
Expanding to Kava (2011, January 23) Retrieved May 24, 2022, from https://www.academon.com/business-plan/expanding-to-kava-146906/
"Expanding to Kava" 23 January 2011. Web. 24 May. 2022. <https://www.academon.com/business-plan/expanding-to-kava-146906/>