The basic definition of core vs. context is simple.Activities that differentiate the company in the
marketplace are defined as core.All other activities, including many mission-critical operations,
are context.Context tasks and projects steal precious resources - time, talent, and management
attention - from core.In order to be sure of allocating these scarce resources where they count
most (i.e., building dominant or leading share in target markets) plentiful resources such as
capital (including stock), software packages, and outsourced service providers, should be
consumed in essential context activities. The internet now provides us with a platform on which a
huge number of companies are able to offer cost-effective services.Thus, operations that are
context for one company are core for another company, and can be outsourced to the latter.As
you will see toward the end of this section, this new model provides B2B service providers with a
powerful marketing argument to promote their services.
Jdurrah
aligning compensation strategy with hr strategy and business strategy would simply mean that the designing of a company's compensation strategy should be in such a way that it should support its HR as well as business strategy.
There are several different types of business strategies that include acquisition strategy and competitive strategy. Other types of strategy are cost strategy, niche strategy, and growth strategy.
The difference between corporate and business level strategy is that their operations are inter-industry and intra-industry respectively. Whereas corporate level strategy is concerned in what business to deal with, business level strategy is concerned with how to compete within a particular business.
DG's business strategy is "A customer-driven distributor of consumable basics".
A balanced scorecard is a strategy performance management tool used very often in business and industry to align business activities to the vision and strategy of the organization.
Supply Chain level,Departments and Enterprise level Strategy are the major characteristics of E-business.
define strategy
the broad collection of decision rules and guideline that define a business scope and growth direction
How Management of Technology Innovation integrated with business strategy
aligning compensation strategy with hr strategy and business strategy would simply mean that the designing of a company's compensation strategy should be in such a way that it should support its HR as well as business strategy.
What is Ford's business level strategy?
Enterprise software enable a business to use industry-proven best practices when he define clear her mission and good strategy.
There are several different types of business strategies that include acquisition strategy and competitive strategy. Other types of strategy are cost strategy, niche strategy, and growth strategy.
The technical definition of strategy is the plan which and principles with the tactics relating to use of the technologies in the business. It is a business strategy to have a plan for a business.
Yes all IT strategies based on business strategies as IT is also one of the growing business ways in today's computer age. All strategies of a business, including its IT strategy, should be aligned with its overall business strategy.
Define cost leadership strategy and relate this strategy with Porter's Five Forces of CompetitionExplain rubins restaurant how the Company implement this strategy and what are the advantage and risk associated?
The difference between corporate and business level strategy is that their operations are inter-industry and intra-industry respectively. Whereas corporate level strategy is concerned in what business to deal with, business level strategy is concerned with how to compete within a particular business.