Case Study of Strategic Management at Honda

Case Study of Strategic Management at Honda Why do you think Honda has chosen this strategy? Is this characteristic of the company and industry? Should Honda pick one upon which to focus its efforts or is it important for Honda to pursue synergies (and preserve its options) by developing and promoting multiple technologies? The Honda is developing environmental friendly auto mobile and maintain global point of view with the loyalty of supply high quality product. Honda strategy has consistently emphasized innovation, environmental friendliness and independence. Innovativeness they are always engaging with research and development to develop multi-technology and environmental friendly automobiles. As a result from 1946 to 2010 Honda had proven their capability. They are acknowledged leader in the development of hybrid cars and gains mars market acceptation. An environmental friendly automobile was not a new strategy for them. In fact they work on developing cleaner transportation alternatives had begun decades earlier. Honda hybrid model are designed for fuel efficiency. It will be supporting to reduce natural recourse depletion. From 1999 Honda won the different accolades from environmental group. Independence is other emphasizes strategy of their business. Honda choose not to collaborate or licensing its technology to others. They want to maintain their independences and essentially going solo. How do I analyze the reason for choosing this strategy? The reason for choosing this strategy is Honda will be supporting to reduce natural recourse depletion, to become environmental friendly. Since Honda has a long track proof of developing environmental friendly and multi technology automobile In July 2002, Honda has succeeded in manufacturing the first fuel cell vehicle with applicable industry standards. It has taken 51 years as of 1997, for Honda Corporation to launch hybrid vehicle Insight ever though Honda was founded in 1946. Starting from developing of engines for bicycles, then moved in to sports cars, establishment of 100 factories in 33 countries, while maintaining steadfastly independence of the company since 1956 and grown into one of the worlds largest automobile manufacturers not an easy task. I believe the bottom line of the story behind this is the strategy adopted by Honda. Even though the numbers of hybrid vehicles sold in 2000 2004 were very small with many obstacles, when compared with the other traditional automobiles, I say, the achievement in 2002 is mainly due to the strategy adopted by the company as Honda steadfastly maintained its independence. Final outcome of most of the research and developments takes time. It needs investment from the company as well as the high level support from the overall business strategy of the organization which involve risk but potentially profitable business opportunities in time to come. Licensing and joint venture strategies are powerful strategies in common in any industry as well as practiced by Toyota in this case study. The hybrid product develop by Toyota also has its own advantages and disadvantages where the same situation applicable for Honda hybrid cars. I agree, with the style of Hondas management where they have kept the business development exclusively in-house with all aspects of a technology, from its strengths to its weaknesses. In addition to that in-house know-how has led to maintain competitive advantage which was difficult for competitors to imitate. That is why Honda has succeeded in manufacturing the first fuel cell vehicle with all applicable industry standards in July 2002. Is this characteristic of company or industry? This is a characteristic of both company and industry, because there is demand for all types of vehicle. Honda stepped in to automobile industry at 1963. But Honda has quickly leads the superior of fuel economy, thats the characteristic of industry. Since founding Honda they are gradually introducing new technology, there for their growth rate is superior, there stability and quality demonstrate the industry characteristic. Today the business environment is in highly turbulent and corporate strategy plays a vital role in a diversified firm. In order to achieve long term success of a firm they should lay down aggregated strategies in cost leadership, differentiation or focus on the right markets through their business strategy. Those are the bottom line characteristics of a company as well as in the markets. Car manufacturing industry also has its own characteristics when compared the other industries. When acquiring new knowledge the company needs to win hearts and minds of the consumers as the competition is in full scale especially in car markets. Therefore, it is understood and confirms the overall corporate strategy of Honda matches with the characteristics of a company as well as different markets. Otherwise Honda may not be able to sell cars in US, pass all industry acceptance tests. 1.3 How Honda should pursue synergies in the company? Their investments basic research and development helps to the company to stable in the technology boundary and be a first mover when commercial versions of technologies are ready to be rolled out. Their culture seems to place immense value on introducing environmental friendly vehicles. By developing and promoting multiple technologies they believe ultimately are a dominant auto type. Company is an association of persons who are united for a common purpose. In the car manufacturing sector they transform raw materials to the finished goods on a large scale and expected to sell to the wholesalers or retailers where end users or the consumers purchase goods after launching. Form the scraps to the finished product the company needs to work on a strategy and the overall Business strategy of a company should be cerate synergy and finally achieve competitive advantage as a whole. Therefore Honda should know which business they should be in the expected markets. Finished goods have to undergo all types of economic systems at a profit without making losses under various policies and regulations adopted by deferent Governments of the respective market places. Therefore company has to have overall business strategy while maintaining synergy. It usually arises when two persons or more than that works together. Different complementary skill creates synergy which can contribute a lot in achieving competitive advantage as a whole in an organization. According to the data table given in the case study on 2005 Honda and Toyota U.S. Hybrid Sales it is understood different models like Honda Accord, Civic, Insight has a market even though the sales figures are less when compared with sales in Toyota. I believe being a mass car manufacturer like Honda should pursue synergies by developing and promoting multiple technologies for different target markets. Does having a single environmental friendly car standard benefit or hurt consumers? Does it benefit or hurt car producers? Standardization of a certain technology is the process of brining order into an otherwise chaotic system that adheres to no strict rules of conduct, thus entertaining a significant amount of freedom in expansion and growth. In my opinion, standardizations does more harm to a technology still in its infancy than good by bringing order and governance to the domain. Every scientific study and resultant technologies should be for the benefit of the mankind and its consumers, even though there are countless examples contradicting this fact. But with the dominance of the consumerism in current world, we cannot neglect to include the impact of standardization of these technologies in this discussion. Having environmental friendly Hybrid eclectic vehicle is benefit as well as hurt to consumers. We can argue as both ways. Consumers are well educated and well informed over what they need and what they want. The marketing oriented management dictates that business organizations should listen to their customers and fulfill their requirements in order to generate higher profits and sustain customer equity. Since Environment Friendly Motor Cars is a relatively new market with fewer well versed consumers, it is important that they are allowed to explore and figure out what suits them the best. Current market situation is best used as a test ground for the new technologies and innovations. Once all the scientific tests are performed on a new technology, it should be subjected to the test of ubiquity and acceptance of the market. Therefore I strongly believe that availability of various options is for the best of consumers that this point. One standard means lesser confusion for the consum ers for sure. But it would also limit the potential they can expect from their motor vehicles. Availability of many peer technologies under testing level at the same time in the market will make sure that an inefficient technology would not monopolize over an unsaturated and newborn market. In the perspective of motor car producers, there is an overhead in funding resources on a number of technologies instead of one standard. But this gives them the flexibility to explore deeper into technologies and come up with better and efficient inventions. They dont have to limit themselves with standards and risk being obsolete not adhering to a market accepted standard. Their investments may not always lead to successful and marketable inventions. But the knowledge and experience they gain by working on multiple technologies is invaluable and can be put to use for the betterment of future product developments as well for the growth of the industry as a whole. This will render both direct and indirect benefits for car producers in general without having to get stuck on one technology that could be standardized, yet soon rendered obsolete when the next breakthrough in the industry comes along.

Free Billy Budd Essays: Justice in Billy Budd :: Billy Budd Essays

Billy Budd - Not about Divine Justice and Human Justice Some have misinterpreted Melville's Billy Budd as a story about the distinction between divine justice, on the one hand, and human justice, on the other. Here's a summary of the "incorrect" reading that leads to this conclusion: When John Claggart falsely accuses Billy Budd of inciting mutiny, Captain Vere (whose name suggests "truth") arranges a confrontation between the accuser and the accused. When Claggart shamelessly repeats the lie to Budd's face and when Captain Vere insists that Budd defend himself and when Budd is struck speechless (if you like) and, therefore, STRIKES Claggart who falls down dead, Captain Vere suddenly has a problem on his hands, a problem he did not bargain for. You see, he feels that Budd is innocent but he also knows that he has killed a superior officer, an offense punishable by death. Here's how Melville presents Captain Vere's argument at the drumhead court: "How can we adjudge to summary and shameful death a fellow creature innocent before God, and whom we feel to be so? - Does that state it aright? You sign sad assent. Well, I too feel that, the full force of that. It is Nature. But do these buttons that we wear attest that our allegiance is to Nature? No, to the King. Though the ocean, which is inviolate Nature primeval, though this be the element where we move and have our being as sailors, yet as the King's officers lies our duty in a sphere correspondingly natural? So little is that true that, in receiving our commissions, we in the most important regards ceased to be natural free agents. When war is declared are we, the commissioned fighters, previously consulted? We fight at command. If our judgments approve the war, that is but coincidence. So in other particulars. For suppose condemnation to follow these present proceedings. Would it be so much we ourselves that would condemn as it would be martial law operating through us? For that law and the rigor of it, we are not responsible. Our vowed responsibility is this: That however pitilessly that law may operate, we nevertheless adhere to it and administer it. . . . "To steady us a bit, let us recur to the facts. - In war-time at sea a man-of-war's man strikes his superior in grade, and the blow kills.

Nature of Work

Marine Biology also refers to Biological Sciences or Biological Oceanography. Marine Science is the general term for research conducted in oceans and coastal or inland waters connected to the sea. This particular field is probably the best known to the public. Marine Biology deals with the study of micro and living organisms such as plants, animals, viruses, and bacteria in oceans, estuaries, and other bodies of salt water. In the feild of Marine Biology you plan, participate in, and administer research programs for government experiment stations such as private research centers, manufactoring irms, and medical service industries. Tools and equipment for this career includes lab animals, X-Ray and other lab equipment, computers, spectrophotometers, collections of specimens, and a Starting no later than high school, a Marine Biologist should obtain a solid education in as many basic sciences as possible including chemistry, physics, and biology. Mathematics is essential. Plane geometry, trigonometry, solid geometry, and two years of algebra are recommended. Good English is no less important, for both written and oral reports are a big part of Marine Biology. The tudy of a foreign language, especially French, German, or Russian should begin early. Degrees in this study are offered only to college graduate students. Most entry level jobs minimally require a Bachelors degree in a natural science from an accredited college or university. Doctoral degree holders face competition for independent research positions. Those with a Bachelors degree or Masters degree in biological sciences can expect better opportunities for nonresearch In order to be a Marine Biologist or in any line of work, you have to be really dedicated to your job. This is the job I have always wanted ever since I was a little girl. I always loved the water especially the ocean. I think there is so much to discover about it and there are so many marine animals yet to be revealed. If I ever do become a Marine Biologist I either want to work in the laboratory or work in the field. I think it would be interesting to travel to different parts of oceans and discover what kind of plants and animals hide beneath the deep blue waters. Laboratory technicians and testers can acquire more education experience. They can work their way up through research ositions and may reach administrative posts in government or industry. As a rule, high paying postions of prestige go to those with a Ph. D degree and a history of successful research. C. Earnings and Working Conditions Marine Biologists may work in a laboratory, classroom, museum and industrial setting, a botanical garden or zoo, or in a field. They may either work alone or with engineers, technicians, and other scientists at various stages of research or product development. Working conditions vary with the kind of work they do. Indoor work areas may be quiet, well lighted, and air-conditioned. Those who work n laboratories or industrial settings must keep work areas very clean. Ventilation systems generally provide protection from dust, fumes, and odors. Special precautions are taken to protect those scientists who work with infectuous creatures or poisonous chemicals. While working in the field some Marine Biologists travel to coral reefs in tropical seas and ocean waters in cooler climates having to work a The earnings of a Marine Biologist are complicated. Most of these researchers recieve a salary directly from an employer. They write proposals in order to have their research ideas funded by private and overnment agencies. The quality of their results often determines whether they recieve money for future efforts, and consequently, whether they work and for how long. The salaries of a Marine Biologist comes down to each persons education, experience, and At the present time the profession of Marine Biology is one of the least crowded of the science fields. There are only a few thousand Marine Biologists in research, with less than three thousand graduates working and teaching in the United States. Since there is a limited number, opportunities in research are few and competition is stiff.

What Should I Wear Today - 1285 Words

A question, also referred to as an inquiry or a query, can be defined as a spoken or insinuated request for information, and the observant passerby can find such requests everywhere. Even the person who appears to have everything put together finds themselves forced to daily ask hundreds of questions such as â€Å"What should I wear today?† â€Å"How much longer can I sleep in and still make it to work on time?† and â€Å"Is this investment worth its cost?† Below these rather trivial surface questions, however, drift deeper thoughts; thoughts that make the atheistic mind shudder and hastily shove them away, and render the naturalist ashamed of his inability to answer them adequately. Indeed, nothing on earth can ever answer them fully, for only the God who holds the answers to everything can satisfy our curiosity and longing for identity. Three questions can adequately summarize this tumultuous sea of questions – Who am I? Why am I here? And where am I goi ng? Beneath layers of confidence and intelligent replies, each individual has these three question rooted inside them, and these pesky words send us all on a quest for answers that we stumble blindly. The world can attempt to provide an answer for weary wanderers, but it will always fall massively short next to the rich and marvelous answer that our Lord provides for all who seek an answer. The first question that burrows through the well-ordered structure of our lives, weakening and dislocating all the assumptions that we thought weShow MoreRelated High School Uniform Polices Essay example1050 Words   |  5 PagesSchool Uniform Polices Hello, I am here today to tell you about a problem that I see in our high schools. This problem is that there is not a uniform policy in all of schools. There are many arguments for and against having a uniform policy in the school systems. Some would argue that having a uniform would limit kids from their self-expression and individuality. 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