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Stanford Business School Strategy 101: Strategy Development ...

To build a robust business strategy, companies all must conduct strategy development that starts with a collective set of beliefs around its current situation and identified strategic barriers to growth. The next steps include forming what the desired vision of the organization is and then delving into the details of planning how to get to that state. To properly gauge and analyze your strategic challenges, you must begin with a complete, end-to-end understanding of your situation. Engaged strategy development is about value creation, strategy is about selectivity, and strategy is about business mobility.

Business strategy development has evolved through 5 key phases over the years. In the current day, the strategic development theme is on integrating strategic planning and execution with a stress on the primary notions of core competencies, strategy planning and execution, and balance scorecard analysis. A lot of corporate strategy is also hinged on ideas in the 1970s, where the focus was around thinking strategically to beat competition and the business frameworks of alternative strategies, portfolio analysis, and the BCG Growth Share Matrix were developed. Business strategy development started with a focus on financial planning in the 1950s, moving to long-term business planning in the 1960s, to strategic planning in the 1970s and eventually to a focus on strategic management in the present day. Changes to strategic mindset represent a changing landscape, new thought leaders, and emergence of disruptive technologies and trends.

There are numerous core elements to the design of strategy execution. Strategy planning/budgeting initiatives can involve such as examples as growth scenario planning workshops, growth strategy design, and innovation management. You should design the organizational context under which the business operates. Strategy execution activities need to be diligently controlled. Within strategy execution, an important element is shaping the strategy planning and budgeting process. Organization context includes initiatives, including governance, organizational structure, performance metrics, rewards and incentives, in addition to manager capabilities and cognitive frames. Within the category of strategic initiatives, we should evaluate our strategic priorities, ownership and management, and political tactics.

Business strategy includes the topics of corporate strategy, marketing and brand strategy, sales strategy, as well other areas of strategic thinking. Marketing strategy and sales strategy are usually discussed in unity, but are distinct in actuality. Business strategies are often done within a yearly strategic planning session or workshop, usually held in a 3 day off site location with executives and key stakeholders, both within and outside the organization. Within growth strategy, we include both normal business growth and inorganic growth, namely M&A. Marketing strategy includes advertising strategy, product launch strategy, as well as SEO strategy. Sales strategy includes channel strategy, direct sales strategy, and business development.

A pervasive business issue many businesses aim to address is the challenge of creating sustainable growth through a successful strategic planning process. Between the 1960s and 2010, Fortune 500 organizations typically see a median growth rate of in less than 8% in real terms and under 10% in nominal terms. Also, 90% of these companies are concentrated across the 4 sectors of Financial Service Companies, Healthcare, High-Tech, and CPRD. Companies that have greater than 20% sales growth typically erode down to 5% within 10 years. Enterprise companies struggle to grow. It cant be argued that most companies have difficulty achieving significant growth, YoY. For most of these companies that are able to see significant growth rates, these growth rates also decay rapidly. Only about a small fraction of the Fortune 500 businesses are able to sustain sales growth above the GDP and generate returns above the S&P500. Furthermore, real sales growth fluctuates more than return on invested capital going from 1% to 11%.

There are several types of strategy development challenges that can be ascertained from the teachings of Mintzberg and Bower. In strategy development, framing the type of strategic challenge is one of the most critical activities. Defining strategic intent involves setting objectives, developing business battlefields, and choosing the required core competencies. There is the strategic challenge of aligning execution context, so that strategy can materialize. An significant strategy development challenge is developing top down intervention fueled by revised strategic intent. One key challenge to strategy development is the existence of ambiguity, in regards to the challenge and approach.
Strategy Development

Source: http://gettingfat.net/73901/stanford-business-school-strategy-101-strategy-development-under-direct-competition/

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মঙ্গলবার, ৪ অক্টোবর, ২০১১

Koethe commits to Wisconsin | Iowa Prep Sports

Justin Koethe won?t take any more college visits.

The Iowa City West senior doesn?t need them after making his mind up about where to continue his wrestling career. Koethe has verbally committed to wrestle for the University of Wisconsin and head coach Barry Davis after visiting Madison, Wis., this weekend.

The atmosphere and closeness of the team and that camaraderie influenced him. He chose Wisconsin over Iowa State University, Minnesota, University of Northern Iowa and University of Iowa. He only visited ISU and Minnesota.

?I got down there,? Koethe?said Sunday. ?That?s where I wanted to be.?

Koethe likes the direction of the program, which has become a regular top-10 team. He said he expects more big things in the Badgers future.

?I predict it will be the No. 1 recruiting class this year will be at Wisconsin,? Koethe said. ?I want to be a part of it.?

A recent addition to the Badgers coaching staff also attracted Koethe.?Former Hawkeye All-American and Lisbon native Ryan Morningstar was hired as an assistant during the summer. The two have had a relationship throughout Koethe?s prep career.

?I?ve known Morningstar?since I started high school,? Koethe said. ?I know he?ll be there for me to work and if I need a push.?

Koethe is a three-time state placewinner for the Trojans, owning a 127-15 career record. , and is ranked 20th at 160 pounds by InterMat. He has placed third at the Class 3A state tournament?at 152 and 160 the last two season. He was fourth at 135 as a freshman.

Koethe expects to wrestle 160 again this season, and said he is projected to wrestle 157 in college. He also said he will likely red-shirt his first season, and will sign during the early period in November.

Source: http://iowaprepsports.com/2011/10/02/koethe-commits-to-wisconsin/

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সোমবার, ৩ অক্টোবর, ২০১১

Zen Home furniture Design | Home Improvement Blog

Home furniture

The usage of normal supplies and plainness may be the important to Zen furnishings design. Arranged and open up room should blend material with comfortable and mild in texture to permit a straightforward surge of vitality inside of your own home. This allows in the direction of greater clearness of spirit and brain.

Reliable teak, that is a domesticated wooden, is excellent for Zen home furniture fashion styles. Stylish domesticated kind of timbers give the profundity of coloration of mature wooden, power and good quality without having possessing a undesirable effect on the earth?s organic sources.

Zen home furniture type items type an environment of serenity and relaxed, simultaneously replicating an inner energy. What helps make Zen home furniture useful and exciting will be the internal power, coupled with cleanse lines and elegance it creates. Zen design and style inside decorations will perform with each other amicably using the kinds and spaces inside of your property to alleviate and relaxation your head.

It truly is critical to build a fostering and soothing bordering within the eating space which is free of charge from any disturbance. This can be a area in your house that your loved ones, your pals along with your self can get pleasure from time jointly. The earthy top quality of normal teak blended with each other with modern day Zen furnishings type will present sound sagacity of peace and harmony within a space.

Zen home furniture design inside functions minimalist styles and fairly arranged. These also contain element that symbolizes people?s togetherness and for this enthusiasm bench kind of seating are much more favored than solitary seat types.

Zen furnishings design eating tables are supplied in two diverse designs ? spherical and rectangular designs. It may be disputed which the spherical or circular Zen eating table is nearer to Zen traditions simply because it enables a group or even a loved ones to seat jointly with out appointing a head or possibly a leader. This builds a sensation of equality in a group or perhaps a household.

The regular minimalist perception powering Zen custom requires of not employing redundant items within any space to support together with the harmonious movement of electricity. To prevent problem and confusion, it is usually crucial that home furniture items go effectively with one another. Pick other furnishings items which are simple to match, stunning and valuable. Also select home furniture that?s beneficial in hiding absent points that you simply usually are not utilizing also typically.

Reorganizing the area in your house could be the initial action you must consider once you use Zen furnishings type of decorating. You ought to preserve your area basic and buy items which you genuinely require and can use on the typical foundation. Decide on multifunctional home furniture products which you could also use as storage. Also pick some materials that can give your area distinct seems even without having altering the entire ornamental approach.

Source: http://eazeeestudy.com/zen-home-furniture-design.html

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Modeling for Kids & Teens- Baby Models, Child Models

  • Justin Timberlake Cast In Casablanca Records Biopic... read more
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    4 Wonderful 95th Birthday Gift Suggestions | Articles Audience

    Some presents you can give to an individual who is about to celebrate his or her 95th birthday might involve a recorded message, a scrapbook, a family group tree, and a magazine copy of the moment the birthday celebrant was born.

    Anyone who is already had 94 birthdays has probably received plenty of gift items in his lifetime. Hence, you need to ensure that what you give this person is one thing that would not merely demonstrate that you thought of him, but a thing that he would truly appreciate, too. Check out this article to know about special 95th birthday present recommendations you can give.

    Recorded message

    One of the most special and also wonderful presents you could offer to an individual who?s already had 94 birthday celebration is to use recorded messages as a present. These messages would, normally, be from his loved ones. You can begin off by asking close immediate family to document their own messages and send them to you. Follow this with his best friends as well as associates. There is even a site to help with this, wherein you send the site address to a specific individual and that individual only needs to just click a button and record his message. Gather all these messages, whether video or audio into one, and present it to the celebrant, so he and his family members can all gather round to listen to and view the messages together.

    Scrapbook

    Existing for ninety five years naturally means that the celebaran should have had a lot of experiences and reminiscences. During his birthday, you can give him a book filled with some of the most nice memories he may have. Include old photos of his childhood days, achievements and major events. Position them creatively in the scrapbook with captions. In case you could find newspaper clipping copies of these occasions, put them to the scrapbook, too. Gather stories from good friends and also loved ones about him as well and have them designed in the scrapbook. The b-day celebrant will surely enjoy going through each of the pages and recollecting about his past.

    Family group tree

    Ninety-five years is a wonderfully long time to live, and the b-day celebrant most likely has numerous family members by then. Presenting the celebrant a copy of his family?s lineage can also be another enjoyable and unique gift. You?ve the choice to make this particular gift as simple or as complex as you desire. Research beforehand the names of the people who belong to his family. You may just stick to the celebrant?s immediate family members, or if you?re up for it, you may research further back into the family?s background. You may then utilize any craft supplies you want or use templates to build the family tree. Make your tree amazing and the relationships simple to determine. Then hand this to the b-day celebrant in the middle of his birthday occasion, and watch how he along with the entire family and guests react with pleasure.

    Newspaper copy of the time the b-day celebrant was born

    Most events which happened ninety five years ago have probably already been forgotten. Providing the celebrant a duplicate of the magazine from the time he was born is an excellent way to remember the events which took place on that day. Have the newspaper framed so that it doesn?t get destroyed and can be hung on the wall surface.

    Birthday are always a reason to celebrate, but the kind of gifts you give don?t really matter as long as they are given from the heart.

    Written by Zeta C. Donairee. If you desire to learn more about offering recorded messages as a present, go to http://www.lifeonrecord.com/uniquegift.htm.

    Source: http://articlesaudience.com/home-family/4-wonderful-95th-birthday-gift-suggestions

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    Mercury not like other planets, MESSENGER finds

    ScienceDaily (Sep. 29, 2011) ? Only six months into its Mercury orbit, the tiny MESSENGER spacecraft has shown scientists that Mercury doesn't conform to theory. Its surface material composition differs in important ways from both those of the other terrestrial planets and expectations prior to the MESSENGER mission, calling into question current theories for Mercury's formation. Its magnetic field is unlike any other in the Solar System, and there are huge expanses of volcanic plains surrounding the north polar region of the planet and cover more than 6% of Mercury's surface.

    These findings and other surprises are revealed in seven papers in a special section of the Sept. 30, 2011, issue of Science.

    Surface Surprises

    Two of the seven papers indicate that the surface material is more like that expected if Mercury formed from similar, but less oxidized, building blocks than those that formed its terrestrial cousins, perhaps reflecting a variable proportion of ice in the initial accretionary stages of the planets. Measurements of Mercury's surface by MESSENGER's X-Ray and Gamma-Ray Spectrometers also reveal substantially higher abundances of sulfur and potassium than previously predicted. Both elements vaporize at relatively low temperatures, and their abundances thus rule out several popular scenarios in which Mercury experienced extreme high-temperature events early in its history.

    "Theorists need to go back to the drawing board on Mercury's formation," remarked the lead author of one of the papers, Carnegie's Larry Nittler. "Most previous ideas about Mercury's chemistry are inconsistent with what we have actually measured on the planet's surface."

    Volcanism

    For decades scientists had puzzled over whether Mercury had volcanic deposits on its surface. MESSENGER's three flybys answered that question in the affirmative, but the global distribution of volcanic materials was not well constrained. New data from orbit show a huge expanse of volcanic plains surrounding the north polar region of Mercury. These continuous smooth plains cover more than 6% of the total surface of Mercury.

    Another lead author, James Head of Brown University, said that the deposits appear typical of flood lavas, like those found in the few-million-year-old Columbia River Basalt Group on Earth. "Those on Mercury appear to have poured out from long, linear vents and covered the surrounding areas, flooding them to great depths and burying their source vents,"

    Scientists have also discovered vents, measuring up to 25 kilometers (km) (15.5 miles) in length, that appear to be the source of some of the tremendous volumes of very hot lava that have rushed out over the surface of Mercury and eroded the substrate, carving valleys and creating teardrop-shaped ridges in the underlying terrain.

    New landforms

    MESSENGER revealed an unexpected class of landform on Mercury and suggest that a previously unrecognized geological process is responsible for its formation. Images collected during the Mariner 10 and MESSENGER flybys of Mercury showed that the floors and central mountain peaks of some impact craters are very bright and have a blue color relative to other areas of Mercury. These deposits were considered to be unusual because no craters with similar characteristics are found on the Moon. But without higher-resolution images, the bright crater deposits remained a curiosity.

    Now MESSENGER's orbital mission has provided close-up, targeted views of many of these craters. The bright areas are composed of small, shallow, irregularly shaped depressions that are often found in clusters said David T. Blewett, a planetary scientist at the Johns Hopkins University Applied Physics Laboratory (APL) and lead author of one of the Science reports. "The science team adopted the term 'hollows' for these features to distinguish them from other types of pits that are found on Mercury."

    Hollows have been found over a wide range of latitudes and longitudes, suggesting that they are fairly common across Mercury. Many of the depressions have bright interiors and halos, and Blewett says the ones detected so far have a fresh appearance and have not accumulated small impact craters, indicating that they are relatively young.

    "Analysis of the images and estimates of the rate at which the hollows may be growing lead to the conclusion that they are actively forming today," Blewett says. "The old conventional wisdom was that 'Mercury is just like the Moon.' But from its vantage point in orbit, MESSENGER is showing us that Mercury is radically different from the Moon in just about every way we can measure."

    Magnetic Field

    Earth, Mercury, Jupiter, Saturn, Uranus, and Neptune all have intrinsic magnetic fields, but MESSENGER found that Mercury's weak field is different. So too are particle acceleration processes in Mercury's magnetosphere, as described in a paper by lead author George Ho of APL. MESSENGER's observations of energetic electrons indicated that their distribution is not consistent with what are known as Van Allen radiation belts. These belts are bands of charged particles that interact with the magnetic field and surround the planets.

    Mercury's magnetic equator is also well to the north of the planet's geographic equator. The best-fitting internal dipole magnetic field is located about 480 km (298 miles), northward of the planet's center.

    The team found that sodium is the most important plasma ion contributed by the planet to the magnetosphere. "We had previously observed neutral sodium from ground observations, but up close we've discovered that charged sodium particles are concentrated near Mercury's polar regions where they are likely liberated by solar wind ion sputtering, effectively knocking sodium atoms off Mercury's surface" notes the University of Michigan's Thomas Zurbuchen, author of one of the Science reports. "We were able to observe the formation process of these ions, one that is comparable to the manner by which auroras are generated in the Earth atmosphere near polar regions."

    MESSENGER's Fast Imaging Plasma Spectrometer detected helium ions throughout the entire volume of Mercury's magnetosphere. "Helium must be generated through surface interactions with the solar wind," says Zurbuchen. "We surmise that the helium was delivered from the Sun by the solar wind, implanted on the surface of Mercury, and then fanned out in all directions."

    "Our results tell us is that Mercury's weak magnetosphere provides very little protection of the planet from the solar wind," he continued. "Extreme space weather must be a continuing activity at the surface of the planet closest to the Sun."

    "In the history of exploration of our planetary system, the first spacecraft to orbit a planet has always yielded stunning surprises, and MESSENGER has been true to that pattern," notes Carnegie's Sean Solomon, MESSENGER Principal Investigator. "Our first good views of the polar regions, our first high-resolution images, our first continuous observations of the exosphere and magnetosphere, and our first opportunity to collect time-consuming measurements of surface composition have all returned unexpected results. Mercury is not the planet described in the textbooks. Although a true sibling of Venus, Mars, and Earth, the innermost planet has had a much more exciting life than anyone predicted."

    MESSENGER (MErcury Surface, Space ENvironment, GEochemistry, and Ranging) is a NASA-sponsored scientific investigation of the planet Mercury and the first space mission designed to orbit the planet closest to the Sun. The MESSENGER spacecraft launched on August 3, 2004, and entered orbit about Mercury on March 18, 2011, to begin a one-year study of its target planet. Dr. Sean C. Solomon, of the Carnegie Institution of Washington, leads the mission as Principal Investigator. The Johns Hopkins University Applied Physics Laboratory built and operates the MESSENGER spacecraft and manages this Discovery-class mission for NASA.

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    Story Source:

    The above story is reprinted (with editorial adaptations by ScienceDaily staff) from materials provided by Carnegie Institution, via EurekAlert!, a service of AAAS.

    Journal References:

    1. L. R. Nittler, R. D. Starr, S. Z. Weider, T. J. McCoy, W. V. Boynton, D. S. Ebel, C. M. Ernst, L. G. Evans, J. O. Goldsten, D. K. Hamara, D. J. Lawrence, R. L. McNutt, C. E. Schlemm, S. C. Solomon, A. L. Sprague. The Major-Element Composition of Mercury's Surface from MESSENGER X-ray Spectrometry. Science, 2011; 333 (6051): 1847 DOI: 10.1126/science.1211567
    2. P. N. Peplowski, L. G. Evans, S. A. Hauck, T. J. McCoy, W. V. Boynton, J. J. Gillis-Davis, D. S. Ebel, J. O. Goldsten, D. K. Hamara, D. J. Lawrence, R. L. McNutt, L. R. Nittler, S. C. Solomon, E. A. Rhodes, A. L. Sprague, R. D. Starr, K. R. Stockstill-Cahill. Radioactive Elements on Mercury's Surface from MESSENGER: Implications for the Planet's Formation and Evolution. Science, 2011; 333 (6051): 1850 DOI: 10.1126/science.1211576
    3. J. W. Head, C. R. Chapman, R. G. Strom, C. I. Fassett, B. W. Denevi, D. T. Blewett, C. M. Ernst, T. R. Watters, S. C. Solomon, S. L. Murchie, L. M. Prockter, N. L. Chabot, J. J. Gillis-Davis, J. L. Whitten, T. A. Goudge, D. M. H. Baker, D. M. Hurwitz, L. R. Ostrach, Z. Xiao, W. J. Merline, L. Kerber, J. L. Dickson, J. Oberst, P. K. Byrne, C. Klimczak, L. R. Nittler. Flood Volcanism in the Northern High Latitudes of Mercury Revealed by MESSENGER. Science, 2011; 333 (6051): 1853 DOI: 10.1126/science.1211997
    4. D. T. Blewett, N. L. Chabot, B. W. Denevi, C. M. Ernst, J. W. Head, N. R. Izenberg, S. L. Murchie, S. C. Solomon, L. R. Nittler, T. J. McCoy, Z. Xiao, D. M. H. Baker, C. I. Fassett, S. E. Braden, J. Oberst, F. Scholten, F. Preusker, D. M. Hurwitz. Hollows on Mercury: MESSENGER Evidence for Geologically Recent Volatile-Related Activity. Science, 2011; 333 (6051): 1856 DOI: 10.1126/science.1211681
    5. B. J. Anderson, C. L. Johnson, H. Korth, M. E. Purucker, R. M. Winslow, J. A. Slavin, S. C. Solomon, R. L. McNutt, J. M. Raines, T. H. Zurbuchen. The Global Magnetic Field of Mercury from MESSENGER Orbital Observations. Science, 2011; 333 (6051): 1859 DOI: 10.1126/science.1211001
    6. T. H. Zurbuchen, J. M. Raines, J. A. Slavin, D. J. Gershman, J. A. Gilbert, G. Gloeckler, B. J. Anderson, D. N. Baker, H. Korth, S. M. Krimigis, M. Sarantos, D. Schriver, R. L. McNutt, S. C. Solomon. MESSENGER Observations of the Spatial Distribution of Planetary Ions Near Mercury. Science, 2011; 333 (6051): 1862 DOI: 10.1126/science.1211302
    7. G. C. Ho, S. M. Krimigis, R. E. Gold, D. N. Baker, J. A. Slavin, B. J. Anderson, H. Korth, R. D. Starr, D. J. Lawrence, R. L. McNutt, S. C. Solomon. MESSENGER Observations of Transient Bursts of Energetic Electrons in Mercury's Magnetosphere. Science, 2011; 333 (6051): 1865 DOI: 10.1126/science.1211141

    Note: If no author is given, the source is cited instead.

    Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

    Source: http://www.sciencedaily.com/releases/2011/09/110929152100.htm

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    can you purchase real estate with your ... - Real Property Management


    ? ?

    Question by CatchYourDreams: can you purchase real estate with your IRA?
    and live in it?

    Best answer:

    Answer by wartz
    No

    Give your answer to this question below!

    This entry was posted in Real Estate Management and tagged Estate, purchase, Real. Bookmark the permalink.

    Source: http://realpropertymanagement.tk/can-you-purchase-real-estate-with-your-ira/

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