World War II was a global war that lasted from 1939 to 1945 and involved the majority of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis. It was the most widespread war in history, and directly involved more than 100 million people from more than 30 countries. In a state of "total war", the major participants threw their entire economic, industrial, and scientific capabilities behind the war effort, erasing the distinction between civilian and military resources. Marked by mass deaths of civilians, including the Holocaust (in which approximately 11 million people were killed) and the strategic bombing of industrial and population centers (in which approximately one million people were killed), it resulted in 50 million to over 70 million fatalities.
The war in Europe began with the invasion of Poland by Germany and the Soviet Union, followed by the British and French declaration of war on Germany in September 1939. From late 1939 to early 1941, in a series of campaigns and treaties, Germany conquered or controlled much of continental Europe, and formed the Axis alliance with Italy and Japan. Under the Molotov–Ribbentrop Pact, Germany and the Soviet Union partitioned and annexed territories of their European neighbours, including Poland, Finland, and the Baltic states.
In June 1941, Germany turned on the Soviets, opening the largest and the deadliest theatre of war in history. Nazi Germany acquired additional territories in eastern Europe, invaded the Soviet Union, and embarked on a massive campaign of extermination and enslavement, eventually committing the genocide of over 3 million Soviet and Polish Jews, as well as various Romani peoples, gay people, disabled people, priests, political opponents, and others deemed "unworthy of life" by the Nazi regime. In response, the Soviet Union, along with the United States, China, and the other Allies, eventually defeated the Axis powers and liberated Europe.
The drop of the atomic bombs on Hiroshima and Nagasaki in August 1945 marked the end of World War II, as the Japanese surrendered to the Allies. The United States, the United Kingdom, and the Soviet Union emerged as the world's three dominant powers, and the United Nations, formed in the aftermath of the war, and including many of the victorious powers, became the first international organization to address issues of global concern, including decolonization, and the prevention and mitigation of future conflicts. The Cold War, which began in 1947 and lasted until the collapse of the Soviet Union in 1991, was largely a continuation of the Western and Eastern conflict and resulted in the emergence of the Western Bloc and the Eastern Bloc, with the United States and its allies, including the UK, facing off against the Soviet Union and its allies.
The war had a profound impact on the course of world history. The United Nations, formed in the aftermath of the war, and including many of the victorious powers, became the first international organization to address issues of global concern, including decolonization, and the prevention and mitigation of future conflicts. The legacy of the war and the ensuing Cold War shaped much of the second half of the 20th century, and continues to influence contemporary international relations.
MBA SWOT : Creating a Corporate Advantage: The Case of the Tata Group SWOT Analysis & Matrix
True, corporate executives face mounting pres- sure from their boards and from capital markets to add value. To facilitate transfers, compensation is uniform across divisions; base salaries are determined by position and division size. Each organizational structure differs and possesses advantages and disadvantages. Corporate Strategy must invests and capitalize on opportunities outside the company 4. For example, as an extension of its screen technology, Sharp created the personal electronic organizer with its Wizard product. A combination or package of lines going to the large retailers carries more marketing impact than each line separately, and Newell intends to build its growth through performance and marketing leverage of this package. These were followed by deliberate investments in resources made over many years, the development of a clear understanding of the businesses in which those resources would be valuable, and the painstaking tailoring of organizations to make the strategy a reality.
. In particular, they tend to make this mistake when they define relatedness according to product characteristics rather than resources. Managers can use Porter Value Chain framework to disaggregate various processes and their relative costs in the Tata Services. Tyco What distinguish Tyco are its financial controls, goods incentive programs, strong manufacturing, and operating managers who are highly motivated by incentives and its autonomy such as the capability that the corporation have to operate in a wide range of businesses. Evaluate and identify different approaches to corporate strategy development.
. Words: 788 - Pages: 4 Premium Essay The Walt Disney Company: Mckinsey 7s Model the Entertainment King. Newell Newells strats by identifying what itself really does well: manufacturing and distributing volume merchandise lines to the volume merchandisers. At the other end of the spectrum, conglomerates often find that leveraged buyout firms have even lower-cost operations and more effective means for financing and controlling sets of unrelated businesses. . Newell, Sharp, and Tyco have all sustained corporate advantage over many years through just such a process of continual upgrading. Opportunities - E-Commerce and Social Media Oriented Business Models — E-commerce business model can help Tata Services to tie up with local suppliers and logistics provider in international market.
. First, the assignment will identify the meaning of strategy and it does matter. . What was missing was the insight that turns those elements into an integrated whole. The case describes in detail the various mechanisms by which the Tata group attempts to create a corporate or parenting advantage. That may appear to be a bizarre collection of unrelated items, yet Newell is far from being a conglomerate. Many of the companies Newell has acquired were subpar performers.
MBA HBR : Creating a Corporate Advantage: The Case of the Tata Group Case Study Solution & Analysis
Creating Corporate Advantage How can you tell if your company is really more than the sum of its parts? It is our responsibility to create an attractive yet profitable business which focuses on the ways that not only satisfy but also keep a high satisfaction level of our customers and urge them to continuously seek our products or services, hence giving our firm a competitive advantage over the others. Yannis Katsoulacos is a Professor at Athens University of Economics and Business, Athens, Greece. Such measures may also be problematic when results across units are interdependent. Understand corporate strategy and identify its components. Sharp invests in such time-intensive coordination to minimize the inevitable conflicts that arise when units share important activities. Indeed, in many of the 50 companies we studied during a six- year research project, corporate executives were struggling to create viable corporate strategies. Newell understands that the outright sharing of resources such as a common sales force is not always the best way to capture synergies.
According to Raveendra Chittoor, Arohini Narain, Richa Vyas, Chetan Tolia of Creating a Corporate Advantage: The Case of the Tata Group case study, this can lead to inability on part of the organization to increase prices that its premium prices deserve. Ultimately, it is what differentiates truly great corporate strategies from the merely adequate. To be successful in such an environment, Sharp must make good investment choices and, to recoup its investment, it must leverage new technologies quickly and broadly throughout the company. The key is to establish discrete business units, to hold management accountable for outcomes, and to provide strong incentives for managers to meet their numbers. It can also lead to crowd sourcing various services and consumer oriented marketing based on the data and purchase behavior. According to Raveendra Chittoor, Arohini Narain, Richa Vyas, Chetan Tolia , Tata Services needs international talent to penetrate into developing markets. Contrary to the widely held negative view of conglomerates, Tyco illustrates that a carefully conceived and implemented strategy at the far left of the continuum can create substantial amounts of value—even in the United States, and even in the late 1990s.
. It is also important to safeguard the use of some public goods, particularly intangible ones such as brand names or sets of relationships, so that one unit does not spoil or devalue the asset. Should new practices be developed by the corporate office or allowed to flourish in many divisions before the best one is applied everywhere? What are Porter Five Forces Porter Five Forces Analysis of Creating a Corporate Advantage: The Case of the Tata Group You can use Porter Five Forces to analyze the industry in which Tata Services operates in and what are the levers of profitability in those segments — differentiation, Risk management. By public goods, we mean, for example, brand names or best demonstrated practices—things that can be used in several businesses simultaneously without conflict. When the organization is configured to leverage those resources into the businesses, synergy can be captured and coordination achieved. If they are not, they are not creating real corporate advantage. It uses its strength of foresight to predict up and coming industry trends and its incredible scale and wealth of resources to dominate the market.
But a more careful and more rigorous look reveals that the fit between the two businesses was not at all close. For example, simply placing the Nike brand on a new line of sporting goods may convey a substantial competitive advantage to the business with relatively little effort on the part of the corporation. What impact Tata Services actions will have on industry and economy on whole? The individual that forms the sole proprietorship and the business is one in the same. With the Tata group preparing to welcome its new chairman in December 2012, the case ends with questions on the sustainability of the prevalent structure, practices, group philosophy and culture. These units pull together the diverse parts of the concerned organization while cutting across the geographical and diverse lines for serving a specific market in a more efficient manner. In addition, Disney seemed to have a complete understanding of what it means to have corporate synergy. .