Tuesday, March 10, 2020

Strategic Management The Case of Nike, Inc.

Strategic Management The Case of Nike, Inc. Introduction Nike Inc. is an international company based in the United States, which deals with sportswear and other apparels. The company is ranked as the top seller of sports shoe and clothing. Nike was started in 1964 by Bill Bowerman and was originally called Blue Ribbon Sports, but was later changed to Nike in 1978. During that time, its main goal was to produce low cost, high quality shoes for Americans to break Germans control over domestic trade (Nike, Inc., 2009).Advertising We will write a custom essay sample on Strategic Management: The Case of Nike, Inc. specifically for you for only $16.05 $11/page Learn More Today, Nike not only distributes its products domestically, but also all around the globe. It has market regions in continents such as Asia, Europe, and United States. Besides, Nike has produced many brands such as Nike Skateboarding and Nike Pro. This paper focuses on the Nike Company and the strategic methods and tools that have led to it s superior performance. Products According to Peters (2009), Nike produces a wide range of products, which are categorized according to their relevant sports. Nike’s first products were track shoes, which were meant for running: the company has managed to design and produce shoes for different games such as baseball, hockey, football, basketball and Cricket. This is due to the ever-increasing number of customers favoring the company’s products. The latest product that has been produced is the Cricket shoe named as air zoom Yorker (Nike, Inc., 2009). Air Zoom Yorker is better because it is 30% lighter as compared to the one designed by Reebok. Another new product is air Jordan XX3, which is meant for basketball. Additionally, as a company that relies on collaborative marketing, Nike together with Apple Inc. has designed a product that is able to check runner’s performance through a radio device, which is placed inside the shoe and is connected with the iPod nano. Nike has also produced shoes that contain flywire and lunarlite foam meant to make the shoe lighter. The Nike+sports brand records the mileage, lost calories, and time used. According to Mintzberg, Ahlstrand, and Lampel (2005), product differentiation and market segmentation form the basis for strategic management in marketing. In this light, meeting customers’ demands has been the strategic objective in Nike’s plan. Marketing Environment and Success Strategy Dess and Alan (2006) affirm that the marketing strategy used by Nike is an essential element for its success. It has enticed its customers through advertising with a slogan ‘Just Do It’. Nike has also teamed up with athlete celebrities through sponsorship agreements. It has many elements of advertising such as advertising through television.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The first advert was created by Wieden and Kennedy at New York marathons. Similarly, Nike has also won Emmy Awards for commercial advert. The advert that won the award was based on what an athlete could face if there was Y2K realization on 1 January 2000. The second commercial advert was called ‘move’, which marked the famous athletes. In product promotions, Nike pays players to wear their products such as t-shirts, shoes and shorts in order to advertise them. Such players include Michael Jordan, and through him, the promotion has boosted Nike’s publicity and sales. It also sponsors many football clubs in Brazil, Netherlands and United States. Golf players like Tiger Woods and Michelle Wie have also benefited from the sponsorships. Nike also sponsors high school basketball and has developed websites for various sports such as nikerunning.com (Johnson Scholes, 2008). However, Nike has faced a tough competition in the market with companies such as Reebok and Adidas, which sell the same products as it does. Reebok has many female consumers, but has a weakness of poor marketing as compared to Nike. It does not always advertise its products on Televisions as compared to other Companies. Nike has tried to capture a big market share of female customers by sponsoring Women’s world cup football, which was held in 1999. Nike has used the five forces model of competition that determines the industry structure. This model has helped it to deal with external forces such as, new entrants in the market, alternative products or services, bargaining influence of suppliers and buyers and competition and enmity among other competitors (Berman Evans, 2006). Onkvisit and Shaw (2004) argues that the risk of new entrants has been a threat to Nike since there are other firms in the clothing and shoe industry that have a potential to produce sportswear shoes and clothes if given a choice. Entry of new entrants has affected the prices because Nike has lowered some o f its product costs. However, the threat has been minimized by government regulations and brand loyalty. Further, Nike avoids extreme rivalry among other competitors because it is a risk to profitability rates. Nike, Inc. considers the bargaining power of the buyers as a threat because strong buyers have the power to lower the products prices and hence raise costs. The buyers are capable of buying in huge quantities and therefore getting a lot of profit while the firm suffers loss (Lynch, 2006).Advertising We will write a custom essay sample on Strategic Management: The Case of Nike, Inc. specifically for you for only $16.05 $11/page Learn More The company has balanced its products productions and costs to minimize the bargaining power of buyers. Nike has also been able to cope with the bargaining power of suppliers, which poses a threat because the suppliers have power to increase the prices on raw materials. Nike has reliable suppliers who inform the mana gement first upon the increase of costs of raw materials. Drivers to Superior Performance Nike has common drivers that produce superior performance. These drivers include people management, which entails realization of the potential of the employees either in groups or in an individual level. The company has come up with a strategy of upholding fairness among the employees, communication and caring for employees (Nike, Inc. 2009). Through communication, the company ensures that there is a flow of information between the top, middle and higher levels to ensure that every employee’s contribution is taken into consideration. Nike, Inc. also motivates the employees by giving them incentives and rewards to build commitment to promote the organization. People development enables employees to utilize their potentials and fully contribute to the organization’s goal realization. Rewards and recognitions motivate employees to give their best performance and strive to excel throu gh continuous improvement (Berman Evans, 2006). Furthermore, Nike has authorized the customer liaison manager to replace customer’s products in case of a complaint. The manager can make decisions without consulting the management. Johnson and Scholes (2008) assert that leadership is another driver to superior performance, and it entails transforming the organizations direction and instigating others to follow. Leadership is paramount in Nike’s strategic management. Leaders have a stake in realization of the vision, mission and objectives of an organization because they ensure that other employees follow the organizations values. Leadership is developed at top, middle and lower levels in the organization. Continuous improvement is another driver, which is activated by both customers and employees. In this case, there is feedback from the customers and from the employees and hence customer’s needs are met. Organizations’ processes are improved because cust omers provide their needs and the employees act and produce products according to customer’s specifications all the stakeholders gain improvement benefits (Joshi, 2005). Similarly, customer focus is a driver where a relationship with customers is an important issue. This entails assessing customer’s perceptions about products and acting on their response as soon as they raise an issue of concern about a product. Close relationships with customers benefits all the stakeholders involved. Nike has also employed process focus as a driver for performance improvement. The system performance has to meet the set objectives since it is a key technique (Nike, Inc., 2009).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Another important driver to performance is collaborating with suppliers. This entails relationships between the organization and the suppliers (Lynch, 2006). Nike has recognized suppliers as key for the organization to achieve shared goals while also sharing expertise and knowledge. Improving on processes allows working with suppliers to share resources and improve performance. Nike applies various communication strategies within all its stakeholders to encourage openness and reliance. When communication flows through all the levels in the organization, it makes it easy for the employee’s ideas to be taken into consideration. Stimulating innovation and creativity is another driver that has supported Nike to build up competitive products and services. This has been achieved by modifying the organization structure and being involved with product improvement activities. Nike has also managed its assets and resources to improve the effectiveness and efficiency of the organization . Protection of its properties maximizes customer’s value (Mark, 2000). Onkvisit and Shaw (2004) concurs that measuring performance and benchmarking is another driver that Nike uses for superior performance. By utilizing a balanced score card, it has been able to measure process improvements alongside with the organizations objectives. The company also monitors performance in other organizations and collect information from existing and future stakeholders. It uses the information to plan for the future, set targets to be achieved within a certain period, and get unique ideas on improvements from other organizations. Furthermore, Nike employs corporate social responsibility as a driver to superior performance as well as interacting with the society representative. A good example of this is boosting children’s games in the community by sponsoring their sports and provision of uniforms that has Nike’s logo (Nike, Inc., 2009). Strategic Management Tools Strategic m anagement is a technique that Nike, Inc. has been able to apply to determine how it is performing in its current position and how its future should be. This has greatly helped the managers to lay a plan for the organization and take it where they want it to be. The management employs strategic management components such as vision, environmental analysis, strategy creation, strategy implementation, and strategy assessment (Nike, Inc., 2009). Nike has set business plans through strategic management in order to assess its business areas. It is a process which managers build strategies to get better results in performance. This involves studying the competitors’ techniques, both in the current and future. The Company has utilized strategic management tools which have supported it to examine itself in the present and perceive how its future will be. Strategic management acts as a road map to show managers the best direction to follow for the organization to be where it is supposed to be (Lynch, 2006). The tools employed for strategic management include mission statement, SWOT analysis, SMART goals and benchmarking. Mission statements help to make clear how the organization is observed and how it will be perceived in the future. The organization reflects on how it will be different from other competitors like Reebok in the market place. SWOT analysis has been applied to find out the organizations strengths, weaknesses, prospects and risks. Berman and Evans (2006) affirm that this has supported the organization to take advantage of its strengths and reduce the impact of its weaknesses. SWOT analysis has assisted the management to consider other external factors such as new openings and risks to be avoided. SMART goals ensure that the goals and objectives laid down are specific, assessable, achievable, appropriate, and timely. SMART goals are essential for Nike’s management because they have enabled the company to get rid of frustrations due to unrealist ic goals. The management has been specific to establish whether the set goals have been met. Measuring enables the management team to gauge whether they are about to reach their goals and if not close to the goals, how much time and work is remaining in order to get there (Mintzberg, Ahlstrand, Lampel, 2005). Benchmarking is another tool that is employed to scrutinize and adapt to the best processes from other organizations around the globe. As explained earlier, managers have been able to improve the organizations performance to meet its goals and to be at the competitive edge over its competitors. Other techniques that have been used in project management include program evaluations; this helps the company to evaluate a project from start to end. This has supported the management to ascertain the time left to for the completion of the projects. Nike utilizes these projects and programs to reach its goals and achieve its objectives. The Company uses break even analysis technique t o decide on the number of products to sell to break even and grow to be profitable. Lynch (2006) says that game theory is applied in the market to conclude how the customers will react and it does this either through increase in prices or introduction of new products. Financial control techniques like budgets, audits, and financial breakdown are efficient in controlling and balancing the cost of business. Budgets are employed to manage the organizations income and expenditure as well as allocation of resources to different activities and projects. Marketing Strategy and International Markets Nike has many strategic management techniques organized in steps to achieve the laid down goals and objectives. First, environmental scanning is a process that the company employs to collect information from both internal and external environments that has power to influence the organization. This is meant for improving the processes through analyzing competitors, employees, products, and suppli ers (Mark, 2000). After analyzing the environment, strategy formulation is the next step where Nike management takes the best plan among many to accomplish organizational goals and objectives. Through this stage the managers set strategies for business and functional policies. Strategy implementation is taking the best plan and implementing it (Berman Evans, 2006). Organization structure is devised in this step together with the allocation of resources, hiring of human resource and coming up with a clear decision making process. Strategy evaluation is the last step where the strategy implemented is assessed to determine whether it is performing well and if it has deviated, and that the best corrective actions are taken. The purpose for the evaluation is to make sure that that the organization goals are met. In light of this, Nike has been on the global market and has gained competitive advantage on the market. Its marketing managers keep on analyzing the global industries and how c ompetition keeps changing. Trade is increasingly becoming global because of improvement in transport and communication. Nike’s consumers have been able to have access to a wide range of products in their countries. Nike started exporting its products in small amounts, but later increased and reached the export stage. It got more and more foreign orders until it was able to export its products all over the world (Nike, Inc., 2009). Nike has stayed at international market for a long time and it applies many techniques such as adding new brands. Nike keeps on adding new products such as sports shoe and clothes. The information about the new product is posted on the website (nike.com) where consumers can read. Joshi (2005) asserts that through advertising of the new product, Nike gains an increase in sales because this has brought in new customers who have never bought the current products. The existing customers have had a variety of the products to choose. Nike combines the new brand and the old ones into an exceptional package as an offer. Nike has also become a valuable resource to its customers by giving them free information about the products. They have assisted their customers to easily get services, fast deliveries, and at low costs. The company is unique since it produces exclusive and best quality products. They have also promoted the end result of products by telling the consumers about the benefits they will get when they choose to use the products. Nike keeps on changing its marketing strategies due to other aggressive and innovative rivals like Puma, Reebok, and Adidas (Peters, 2009). Competitive Advantage and Value Creation Nike’s brands have turn out to be to be very strong as compared to others such as Reebok and Puma. Their secret is brand management because despite selling their products at a higher price, consumers are still willing to pay more money for its brands which are believed to be of high quality with different styles. D ue to the strong brand competitive advantage, Nike has been able to increase its market share all over the globe. Its prices are a bit high as compared to other competitors but it has made many sales than those of its competitors. Nike, Inc. has gained a competitive advantage over its rivals. This is achieved through giving consumers a greater value and offering high quality products. The company has devised superior value over other competitors. Nike, Inc. uses Michael Porters strategies for competitive advantage such as cost leadership, focus, and differentiation (Johnson Scholes, 2008). The reason why Nike, Inc. has gained a competitive advantage over other companies is that it undertakes an evaluation process, which involves evaluation of resources, clarification of goals, defining customers and examining competitors. In evaluation of resources, the company relies on the resources available and plans on how to use them through product offering and resources. In goals clarificat ion, Nike plans on how to achieve its goals and objectives. Defining customer’s strategy entails looking at the products and services that the plans to develop, and is not provided by the other competitors. This assists Nike, Inc. to determine and communicate to its customers in order to understand their needs and get additional suggestions from them. Examination of competitors helps to identify other ventures targeting a particular market. Through this, Nike compares its strengths and weaknesses with the other competitors (Nike, Inc., 2009). In this regard, there are many techniques used to achieve a competitive advantage. These techniques include product differentiation, service differentiation, people differentiation, image differentiation, quality differentiation, and innovation differentiation (Lynch, 2006). Product differentiation implies that Nike has a wide range of products. Other competitors have tried to imitate its products but it remains upfront due to its qualit y and the products are different in styles and consistency. Peters (2009) argues that in service differentiation, Nike, Inc. offers additional services such as delivery and product return services. This extra service is the one that consumers are after. Information and other instructions about the products are also extra services that attract customers. People differentiation entails hiring result oriented employees who are better than those in other rival companies. Because employees are intangibles, it is difficult to imitate them as in the case of tangibles. Training employees and paying attention to their needs gives Nike Inc. a competitive advantage. Employees such as production staff produce quality products, and it is hard for the competitor to know that the competitive advantage is due to employees’ improvement. The competitor may think that the competitive advantage is due to equipments and materials. People differentiation is essential when customers are directly se rved by the employees. The way employees handle a customer at first time determines whether he will return another time (Berman Evans, 2006). Image differentiation is another technique that has been applied by Nike to differentiate its brand image from other competitors. A negative image can destroy the company’s image within a short time. As Nike undertakes many activities, it supports its image because the â€Å"Nike† mark symbolizes good, and it is easy to identify. In quality differentiation, Nike sells high quality products to its customers. Innovation differentiation entails process innovation. Process innovations reduce the costs of production and the competitors may take time to discover what the company is doing to gain competitive advantage (Nike, Inc., 2009). Nike strives to sustain its competitive advantage because it is not long lasting. This sustainability is achieved through giving value to customers, creation of non-imitable products, which may not be copied by its rivals, and production of products that cannot customers cannot substitute easily. In selecting a competitive advantage, Nike, Inc. selects ways of making products that competitors cannot imitate easily because the management understands what its customers needs are. The company has realized that variety is totally different from differentiation. Nike has strived to stay at the competitive edge because of its efforts and strategies. It has faced many challenges since other competitors have tried to copy it through successful advantages for their business in the dynamic market place. Thus, establishing the market edge is important as well as maintaining it (Mark, 2000). There are many ways that Nike has attracted its customers for value creation. Customer incentive programs are one of the successful programs within the organisation (Nike, Inc., 2009). Nike offers give away to customers, tickets, sales, sponsorships and discounts. Nike sponsors many players in different sports. Such players who have benefited from sponsorships include; James Blake and Roger Federer. It also sponsored Indian cricket team for a period of five years and national soccer clubs in countries like India, Netherlands and Malaysia. Top golfers like Tiger woods and Lucas Glover has also benefited from Nike’s sponsorships. Moreover, Nike has retained both traditional and non-traditional methods of distribution in over 100 companies, but it focuses more on its primary market regions. Apart from product diversification, Nike has diversified supply chain and manufacturing due to international economic crises and other risks. It has many contracted suppliers outside the United States, including Vietnam and Thailand. There are other contractors who manufacture its products in over 35 countries. In the year 2003, China manufactured 38%, Indonesia 27%, Vietnam 18% and Thailand 16%, while the rest was manufactured by other countries. This has enabled Nike to make large amount o f sales. Supplier diversity has also increased its competitiveness in the market and it continues to contract more suppliers in many countries because it believes that supplier relationship is vital. Nike Inc has also employed value creation as a management goal. Creating value for consumers has increased sales as well as the shareholders through the increase in stock price. Value creation is characterized by brands, people and innovation (Mintzberg, Ahlstrand, Lampel, 2005). Nike, Inc. has prioritized value creation in its decision-making. This has helped the managers to know where and how to build the companies capability to attain profitable and lasting growth. Mark (2000) agrees that through value creation, the company has been able to understand the basis and drivers of value creation in the business and market place. They have realized that the consumers value high quality and timely delivery of products and so the processes that lead to the delivery of high quality products are greatly valued. Some of the customers have valued innovation and so the processes involved in creation of new products are also highly valued. Value creation also entails product and process innovation as well as knowing the consumers needs. Nike, Inc. has also realized that value for employees is essential since they feel motivated and work hard to produce better results. Therefore, proper treatment of the employees and involving them in decision-making creates value. Nike has awarded and promoted managers who have defeated the other competitors like Puma in value creation. In this case the managers have positioned capital better than the other competitors. Nike has gained an advantage in developing the organizations ability to get more profits and future growth. Other companies that have achieved the benefits of value creation are Coca-Cola and the Lloyds banks. These companies applied value creation as a technique and have realized growth and increase in their profitability. In acquisitions, Nike has acquired Upscale Footwear Company, surf apparel company, Hurley international and converse Inc. It has sold some of its subsidiaries such as Bauer Hockey and Starter (Nike, Inc., 2009). Conclusion Nike, Inc. has achieved its superior performance, mostly through competitive positioning and value creation. This has been achieved through advertising, brand name recognition, product innovation, and striving to be at the competitive edge despite having a stiff competition. Nike employs many strategies and techniques such as strategic management tools and models, product differentiation, and proper distribution channels. Many consumers have realized the uniqueness of their products and recognize them through the trade name ‘Just Do it’ and Swoosh Logo. They have maintained customers because of their high quality products and unique marketing strategies. References Berman, B. and Evans, J. (2006), Retail Management, A strategic Approach, London: Prent ice Hall. Dess, G. L. and Alan, B. E. (2006), Strategic Management: Text and Cases. Boston: McGraw-Hill Irwin. Johnson, G. and Scholes, K, (2008), Exploring Corporate Strategy, (8th edn), London: Prentice Hall. Joshi, R. M. (2005), International Marketing, New York: Oxford University Press Lynch, R. (2006), Corporate Strategy, (4th edn) London: Prentice Hall. Mark, M. H. (2000), Creating Public Value: Strategic Management in Government, Cambridge: Harvard University Press. Mintzberg, H., Ahlstrand, B. and Lampel, J. (2005), Strategy Safari: A Guided Tour Through the Wilds of Strategic Management, London: Prentice Hall 11. Nike, Inc. (2009), Annual Report on Form 10-K, [pdf]. Available at: http://media.corporate-ir.net/media_files/irol/10/100529/AnnualReport/nike-sh09-rev2/docs/Nike_2009_10-K.pdf . Onkvisit, S. and Shaw, J. (2004), Process International Marketing. International Marketing: analysis and strategy, (4th edn), OH: South-Western College Publishing. Peters, J.W. (2009), The Birth of Just Do It and Other Magic Words. August 19. The New York Times.

Saturday, February 22, 2020

Personal power Essay Example | Topics and Well Written Essays - 1000 words

Personal power - Essay Example Their main source of inspiration became the folklores that the afro- Americans wrote. In her novel, Sweat, Huston became the first writer who looked at the most probable ways of undertaking free indirect speech. Huston has used a number of styles to bring out clearly how we feel personal power thus uses interjections to bring out the nature of the main character, who is the protagonist and the use of the voice of narration serves a purpose of triggering the feelings of Delia. For example "After that she was able to build a spiritual earthworks against her husband. His shells could no longer reach her. AMEN" (42). The use of exclamatory sentences and adverb reiteration brought out hope and at the same time brought about a tone of uncertainty. The narrative voice brings out the aspect of leaving aside the objective that the author wanted to put across and instead makes the readers to change their thinking line and start sympathizing with the protagonist, and nevertheless adopt the protagonist point of view. This is one of the aspect of writing that Huston uses to bring out her fiction in a very interesting way. Poetic way of communication is also another way that Huston uses to express the idea of how human beings feel about personal power. Huston uses the poetic use of language to show the speech of the Blacks in a metaphoric manner. For example Delia uses metaphor â€Å"But in the main, I feel like a brown bag of miscellany propped against a wall. Against a wall in company with other bags, white, red and yellow (2).† To define her position in terms of race. The use of metaphor and simile is the greatest contribution of the Black to the field of literature, this is according to the point of view of Huston. The narrator in ‘Sweat’ gives evidence to the fact that the Afro-Americans give interpretation to English instead of speaking it when talking about the marriage life of Delia. The narrator says that Delia

Thursday, February 6, 2020

Cultural Relativism and Improving the Lives of Women Essay

Cultural Relativism and Improving the Lives of Women - Essay Example However, as demonstrated by the overwhelming number of reservations to CEDAW there is an underlying reluctance to part with social and cultural traditions.4 This study assesses the problem of cultural relativism as a barrier to improving the lives of women by reference to the weakness of the implementation and enforcement mechanisms of CEDAW. Cultural relativism takes the position that there is no universally accepted standard for judging all cultures. This is especially unfair to feminists who attempt to draw attention to all forms of gender discrimination and oppression among diverse cultures.5 Cultural relativism is characterized as a â€Å"doctrine† that recognizes that there are some moral codes and social institutions are different and are â€Å"exempt from legitimate criticism by outsiders† and such a doctrine is â€Å"supported by notions of communal autonomy and self-determination†.6 There are two diametrically opposed views on cultural relativism. One view is referred to as radical cultural relativism and this view holds that culture provides the only validity for proffering a moral rule. The other view is radical universalism which takes the position that culture is not relevant for validating moral rules because they are â€Å"universally valid†.7 †¦people are categorized and identified by social identity, especially as it is expressed in religious, ethnic, or tribal terms. These group-based identities often help determine our position in the social and political hierarchy of a society and also condition people’s attitudes and perceptions toward us as we go about our daily business.8 For a number of women, they derive their respective identities from their experiences within specific settings that are dominated by males. Even so, the way that they perceive themselves emanates from how women are treated and quite often they confront levels of discriminatory treatment within their social settings.

Tuesday, January 28, 2020

Soft bass Essay Example for Free

Soft bass Essay It starts with a deep, soft bass. I was wondering if it was going to start really slow. I was very surprised when the lead violinist starts so strong. Her solo was very powerful. But at the same time very stressful to me. I imagined a scene where someone was dying and people were fighting. And this feeling was amplified even more when the rest of the orchestra joined in. After the third minute though, it started to get softer and slower. This time it sounded peaceful and serene. This goes on until the build up of the fifth minute. But it goes back to being soft. I got a little confused as to why it sounded like a rollercoaster going up and down. The best part of the first movement for me would be the last two minutes – when the wind instruments could be heard and not part of the background. Its playful tune balanced out the powerful violin solo. Overall, I think the first movement was very powerful and emotional. The second movement was very lovely. I felt very at home. Hearing the soft strings and grace notes brought back memories of good times with my family. Like a Christmas gathering with a warm fire inside and a beautiful landscape of snow outside. The echoing of the soloist and the other strings, I found very amusing. And if I am allowed, cute. The whole movement was just very lovely. The wind instruments gave it a lot more happiness with its staccatos – very much like bunnies hopping around in the spring. I think this movement would be absolutely beautiful to play at a wedding. The third movement starts with the soloist. Its feel was very much like the first movement with its powerful notes. I like how the orchestra comes out softly then builds up to a strong note. It reminded me a little of Lord of the Rings when the Wraiths were after the Hobbits. The third movement wasn’t stressful though unlike the first. It was very powerful but it was a happy aura. Like dogs having a tug of war with a blanket and rolling over each other. The last part becomes really soft and slow; just the solo violinist and the winds. I liked it very much.

Monday, January 20, 2020

Human Cloning :: Essays Papers

Human Cloning A new concept has been introduced to the world: the idea of cloning humans. While very controversial and still in its beginning stages, cloning posts some powerful and interesting options for the development of human medicines and the expansion of life. The use of cloning on plants is an old method, and just recently this cloning has been used on animals as well. This window of opportunity to forever benefit humanity must not be ignored as so many people wish it to be, but rather, used as a tool to help the future of life. Scientific development has always been a major focus ensuring humanity a future. Why should this process be halted strictly because the current moral and ethical values of cloning aren’t compliant? The positive effects cloning could have on science are numerous; regenerated organs, perfect blood matches, no waiting lists, preventative measures against future genetic diseases, and much more. Human cloning could be used to grow life-saving bone marrow for children with leukemia†, (BBC). In respect, how much difference is there between cloning and the use of medicines? In both ways humans are using the powers of science to better control the outcome of someone’s life. If people of the past prevented their sciences from researching these medicines, where would humanity be today? Restricting the development of science is definitely not a good idea. For many people, the major argument against cloning is that the human tampering of creation is not God’s will. No major difference is present between artificial and natural child bearing, except that one process is external, so what is so wrong with using the potential of cells to form to our advantage? Aside from the ethical and moral standards, religious standards hold cloning down as well. Not that tradition and belief structures are false, but too often these values are either misinterpreted or taken at the wrong level. Unfortunately, the idea of faith makes it impossible to disprove anyone’s actions, but science should not be prevented because of a religious standpoint unless humanity is willing to sacrifice as well all the other aspects of life defying religious values. There will always be religious confliction with science, but it should not prevent its development. Cloning will present, however, an eventual change in the way humans perceive themselves. For most all time, the definition of an individual hasn’t really changed.

Sunday, January 12, 2020

iDecisionTM Case Essay

For more information on iDecisionTM, please contact: Sanjib Ghosh | sajib.gosh@techmahindra.com Ramesh Kumar Koona | rameshkumar_koona@mahindrasatyam.com About Tech Mahindra: Tech Mahindra is a global systems integrator and business transformation consulting firm focused on the communications industry. Tech Mahindra helps companies innovate and transform by leveraging its unique insights, differentiated services and flexible partnering models. This has helped customers reduce operating costs, generate new revenue streams and gain competitive advantage. For over two decades, Tech Mahindra has been the chosen transformation partner for wireline, wireless and broadband operators around the world. Tech Mahindra’s capabilities span across Business Support Systems (BSS), Operations Support Systems (OSS), Network Design & Engineering, Next Generation Networks, Mobility, Security Consulting, Testing, and other areas. Tech Mahindra’s solutions portfolio includes Consulting, Application Development & Management, Network Services, Solution Integration, Product Engineering, Managed Services, Remote Infrastructure Management and BPO. Over 34,000 professionals service clients across the telecom eco-system, from a global network of development centers and sales offices across Americas, Europe, Middle-east, Africa and Asia-Pacific. Tech Mahindra is the largest telecomfocused solutions provider and 5th largest software exporter from India. www.techmahindra.com About Mahindra Satyam: Mahindra Satyam (OTC: SAYCY) is a leading global business and information technology services company that leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. The Company’s professionals excel in enterprise solutions, supply chain management, client relationship management, business intelligence, business process quality, engineering and product lifecycle management, and infrastructure services, among other key capabilities. Mahindra Satyam is part of the US$ 8.25 billion Mahindra Group, a global industrial conglomerate and one of the top 10 industrial firms based in India. The Group’s interests span financial services, automotive products, trade, retail and logistics, information technology and infrastructure development. Mahindra Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve numerous clients, including many Fortune 500 organizations. iDecisionsâ„ ¢ A Packaged Analytical Application for Business Transformation www.mahindrasatyam.com Copyright  © 2011 Tech Mahindra All rights reserved. iDecisionsâ„ ¢ – a packaged analytical application for business transformation iDecisionsâ„ ¢ is a packaged, custom-friendly, open analytics application with industry solution sets across Banking, Insurance, Telecom, Airlines, Manufacturing, Retail, Travel and Logistics, Education, Pharmaceutical and Healthcare. The solution consists of horizontal solution sets for Finance, HR, Procurement, Sales and Customer intelligence. iDecisionsâ„ ¢ enables efficient business management through effective data integration and information analysis to help generate business insight and drive innovation. It incorporates industry best practices in key performance indicators (KPI), logical data models, analytical templates, dashboards and processes. iDecisionsâ„ ¢ Telecom Solution for On-premise implementations and Cloud using Microsoft BI stack iDecisionsâ„ ¢ provides a unique, powerful resolution to an all too common telecommunications industry conundrum. It incorporates industry best practices into an analytical application suite that turns decision making from an art to a science. iDecisionsâ„ ¢ for telecom companies is designed around the following key subject areas: 1 BI Implementation Roadblocks Unclear Business Requirements 2 Multiple Data Sources 3 Time to market 4 Proprietary Technology Standards iDecisionsâ„ ¢ for Telecom Application Engines Customer Value Fraud Detection Churn Prediction RFM scoring Behavior Scoring Best Practices Inventory Industry Standard Business Definition Unified Data Model Best Practices Inventory Industry Standard (XML, CWM) Standard Technology Stack Analytical Applications Customer Intelligence Subscriber Intelligence Campaign Intelligence Usage Intelligence Marketing Intelligence Sales Intelligence Revenue Intelligence Revenue & Margin Analysis Network Intelligence Fault Management Solution Components Adaptive Architecture Reusable Artifacts Call Pattern Intelligence Product Affinity Roaming Intelligence Channel Intelligence Mobile Number Portability Intelligence Contact Center Intelligence Revenue Assurance Performance Management Data Integration Hub How iDecisionsTM addresses BI implementation roadblocks Churn Intelligence Customer Life cycle in Converged networks Credit & Collections Membership & Loyalty Traffic Management Demand forecasting & Capacity Planning Core Post Paid Pre Paid Fixed Line Data Converged Network Video Cable Benefits of iDecisions TM Packaged, customization-friendly, open analytical solution Industry best practices in KPIs, analytical templates, dashboards and processes Modular nature allows clients to pick and implement only selective modules Complements Microsoft BI Capability Highly customizable to suit each customer’s unique BI needs Reduces time-to-market Minimizes risk of failed implementation iDecisionsTM is a pre-built BI solution that is also available on cloud which enables organizations to access information and perform intelligent analysis over a virtual environment. Significant advantages of iDecisionsTM on Cloud offerings include: Low upfront infrastructure investments, lower maintenance and software licensing costs Just-in-time infrastructure with dynamic capacity management saves cost Businesses can turn capital expenses to variable operating expenses Shrinking of processing time due to parallelization; addresses key difficulties surrounding large scale data processing iDecisions based solutions are also available on cloud iDecisions based pre-packaged BI solutions are offered on cloud platform as well. The cloud solutions can be offered either on Mahindra Satyam’s own data centers or on third party data centers. TM TM Customer is risk-free – the risk is completely skewed towards the service provider Usage-based costing Multi-tenant 1 2 Architectural depiction of iDecisionsâ„ ¢ using Microsoft BI Stack The vertical-specific data models from iDecisionsâ„ ¢ are wrapped with relevant ETL and OLAP tools to create end-to-end BI solutions and these solutions are hosted on a cloud platform. The security aspects of cloud computing are well addressed by the iDecisionsâ„ ¢ BI solution which has three layers of securities built – OS-level security, DB level security and Application level security. Clients Scale-up supported by Database design Schema design Physical design Hardware selection and configuration Software selection and configuration Data loading Query specification and tuning SECURITY LAYER 3 4 Case Study 1 Telecom Major in Bahrain Case Study 2 Telecom Major in Mauritius About the Client The client is a leading mobile and data services operator with licenses in 7 Middle Eastern and 15 sub-Saharan African countries. With employee strength of 15,000, the client provides comprehensive range of mobile voice and data services to over 50.74 million individual and business customers with revenue of $ 3 billion. Business Challenges/Needs of the Client The client wanted to address its key challenges such as: Changing consumer preferences Growing cost Lack of good understanding of customer behaviour Unavailability of information on customer churn Unavailability of standardized reporting on organizational basis Unavailability of reports on time Migration from operation to analytics Scattered data source Mahindra Satyam’s Solution Mahindra Satyam deployed a comprehensive solution leveraging its business intelligence solution accelerator iDecisionsâ„ ¢. The solution provided consolidated information to senior management and the ability to execute ad-hoc reporting. The solution helped client to undertake data analysis with data visualization capabilities in Customer Intelligence, Usage Intelligence, Marketing and Revenue Intelligence along with the subject areas such as Churn Management, Loyalty Intelligence, Sales Management, Call Pattern / CDR intelligence. iDecisionsâ„ ¢ Telecom modules implemented for this project included Customer Intelligence, Usage Intelligence, Marketing and Revenue Intelligence. The solution helped assess customer behaviour and pro-actively design marketing programs and identify cross sell / up-sell opportunities besides improving profitability by effective tracking of product/customer channel relationships. iDecisionsâ„ ¢ solution has been able to detect 30,000 churners and predict churners one month in advance. The customer loyalty & retention analytics along with the sales management analytics has resulted in customer retention rate of 33%. Thus out of a total of 30,000 probable churners, a total of 9,900 were retained. A total of US$ 900K was saved for client from iDecisionsâ„ ¢ churn solution in net savings for the fourth quarter. Business Benefits delivered to Client Detected 30,000 churners and predict churners one month in advance Customer retention rate of 33% Comprehensive view of information, from very highly aggregated summary information to the underlying events and detail transactions, for top management Savings to the tune of US$ 900K State of art analysis tools to aid the business users in performing data analysis with analytical and data visualization capabilities Analytics based reports rather than just operational Ability to slice, dice and ad-hoc reporting for deeper understanding of customer behaviour Ability to asses insights on churn behaviour of subscribers thereby aiding to strategize new marketing initiatives About the Client The client is a leading service provider of cellular telephony in the Republic of Mauritius. It provides GSM and UTMS, GSM, GPRS, 3G/UMTS as well as 3.5G/HSDPA and WiMAX networks and offers a range of value-added services telecommunications services throughout the country. Business Challenges/Needs of the Client The client wanted to address its key challenges such as: Providing the senior management with a comprehensive view of information, from very highly aggregated summary information to the underlying events and detail transactions Providing state of art analysis tools to aid the business users in performing data analysis with analytical and data visualization capabilities Providing Customer segmentation capabilities to the senior management through access to consolidated information Mahindra Satyam’s Solution Mahindra Satyam proposed iDecisionsâ„ ¢ framework for this implementation which is part of the iDecisionsâ„ ¢ suite of analytical applications that accelerates the implementation of a Business Intelligence solution with pre-built data model and analytical templates. Besides allowing the client to easily turn the volumes of data they collect and store into meaningful information, the implementation of business intelligence and data warehouse solution covered all the subject areas such as subscription intelligence, call pattern intelligence, roaming intelligence, revenue & margin intelligence, campaign intelligence, churn intelligence and sales intelligence. Business Benefits The solution helped the client to align BI technology initiatives closely with their business strategy and vision through the following benefits Business Intelligence Analysis Advanced Analytics Dashboards Strategic Decision Making

Saturday, January 4, 2020

Essay Community Service Project Reflection - 511 Words

The thought of community service was a bore to me before I began my volunteer work. I dreaded starting my community service although I knew I had to do it. Where I earned my hours did not even matter to me. I just wanted to get it over with. To my surprise it was not what I expected. Community service was not a painful experience; it was a very enjoyable and beneficial experience. I performed my community service with Habitat for Humanity. The non†profit organization chooses the applicant that purchases the house and Habitat only charges them the cost of the materials. Almost every worker is a volunteer so Habitat for Humanity does not have to pay a high amount of wages. I felt good about myself being one of those volunteers. The future†¦show more content†¦We shared many laughs and stories while we worked. It was satisfying to help improve these people’s lives. I took pleasure in how much I learned at Habitat for Humanity. We were doing construction so many tools were involved. On my first day I was unaware of the names of most tools. Learning the names and functions of each tool was exciting. Being a male, I felt more confident knowing these things. Construction involves math and clever thinking as well. On my first day I just watched as the processes took place. Eventually, I was helping make the decisions. I even helped a volunteer build a fence and make precise measurements. The education about construction will benefit me for the rest of my life. The amount of respect I earned was an incomparable benefit that I received from community service. Oil companies volunteered their employees on Saturdays and I spoke with all of them. They recognized my enrollment and scholarship achievements. Some of them see me and recognize me around town and they ask about how my goals are going. I met people who made a huge positive impact on my life. Employees without a college education worked full time at Habitat for Humanity, and I realized what I do not want to do with my life. During lunch breaks I spoke with the supervisor, Alynda Best, and she explained to me the significance of hard work in college. Most importantly, I met the lady who made this opportunity possible for me and sheShow MoreRelatedSample Reflection Assignments1243 Words   |  5 Pagesï » ¿SAMPLE Reflective Writing Assignments: COURSE: Going Local: Service-Learning to Link Entrepreneurship, Policy and Science (ASCI 297 and CDAE/NFS/PPS 195/295) INSTRUCTOR: Richard Schramm Written assignments are of two types: Reflections and Project Reports. Reflections: An essential element for student learning in service-learning courses is written and oral reflections on the field study experience, as well as on other elements of the course. 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Alea, the Barangay Chairman, and all the barangay officials of Barangay Alangilan, who provided us the location to execute this project Above all, we thank GodRead MorePersonal Statement On Self Reflection1726 Words   |  7 PagesSelf-Reflection Personally, I love being involved in service learning projects, and when I learned we were working with kids, I was very excited. A lot can come out of a two and half hour project, both rewarding and something to grow on. Unfortunately, I could not be in attendance for the duration of the event due to a conflicting work schedule. This was the biggest conflict I saw for myself. I had to choose whether to go into work, or to stay and fully participate in our activities. AnotherRead MoreThe Transformative Learning Project At A New York City Community College1084 Words   |  5 Pagesin a service learning project to earn college credits at a New York City community college. During this international service learning opportunity, students perform service work and conduct research to examine and address health and social problems in resource-poor communities. Students design and implement health education skits and workshops, conduct health assessments in local neighborhoods, and wor k at the local hospital. Program requirements include a daily journal, evening reflection groupsRead MoreAdult Literacy and Community Development Essay1724 Words   |  7 Pagesexplore the intersection of adult literacy and community development. Through research, I hope to learn more about the connection between research and practice in writing for adult learners; through working with a community based organization I hope to deepen my knowledge and understanding of the impact and challenges of working in a literacy program and how this translates into overall goals of improving livelihoods and building a stronger community. Throughout the semester, I have realized moreRead MoreChesilot Water Project Essay1569 Words   |  7 PagesIntroduction A community is defined as a group of people living in the same geographic area with shared interests, principles and values. Communities are not monolithic and have differences in power structures, classes, gender and race. Community based programming must therefore take into account the unique structure of each community to establish effective programs that meets the needs of each community. In this paper, I will review the Chesilot Water Project, one of the successful community based programsRead MoreSelf Reflection Paper896 Words   |  4 PagesSelf-awareness is important in everyday life, for certain individuals, it can conduct an entire day of activities and decisions. This reflection of my self-awareness is based off personal positive and negative attributes which are a direct reflection of who I am as a person. To have an outside view of these attributes, I interview my girlfriend Stephanie Russo who is also my best friend. Stephanie has been close to me for the past three years as we grew as individuals. Because of this growing processRead MoreI Attended The Hugh O Brian Youth Leadership Seminar1674 Words   |  7 Pagesfuture. Therefore, for my service project I helped put together the 2016 Hugh O’Brian Youth Leadership Seminar at Florida State University and served on staff to ensure the same opportunity that I had just a year ago was provided to the new ambassadors. This 2016 HOBY seminar spanned from Wednesday, June 1st, 2016 to Sunday, June 5th, 2016 – well surpassing the time requirement for this service project. Service Provided The need that I addressed for not only the Ocala community, but North Florida as