Cambridge Consulting Group Bob Anderson Pdf To Jpg
Cambridge Consulting Group provides employee benefits and financial services to help clients protect what is important to them and guide them on a path to prosperity.
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Clear yourself first that on what basis you have to apply SWOT matrix. • Make sure that points identified should carry itself with strategy formulation process. • Use particular terms (like USP, Core Competencies Analyses etc.) to get a comprehensive picture of analyses. STEP 5: PESTEL/ PEST Analysis of Cambridge Consulting Group Bob Anderson Case Solution. Pest analysis Pest analyses is a widely used tool to analyze the Political, Economic, Socio-cultural, Technological, Environmental and legal situations which can provide great and new opportunities to the company as well as these factors can also threat the company, to be dangerous in future.
• Other political factors likely to change for Cambridge Consulting Group Bob Anderson. ECONOMICAL: • Position and current economy trend i.e.
• You can also do a weighted SWOT analysis of Cambridge Consulting Group: Bob Anderson HBR case study. Step 5 - Porter 5 Forces / Strategic Analysis of Industry Analysis Cambridge Consulting Group: Bob Anderson In our live classes we often come across business managers who pinpoint one problem in the case and build a case study analysis and solution around that singular point. Business environments are often complex and require holistic solutions. You should try to understand not only the organization but also the industry which the business operates in. Porter Five Forces is a strategic analysis tool that will help you in understanding the relative powers of the key players in the business case study and what sort of pragmatic and actionable case study solution is viable in the light of given facts.
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It also provides starting ideas as fundamentals often provide insight into some of the aspects that may not be covered in the business case study itself. Step 2 - Reading the Cambridge Consulting Group: Bob Anderson HBR Case Study To write an emphatic case study analysis and provide pragmatic and actionable solutions, you must have a strong grasps of the facts and the central problem of the HBR case study. Begin slowly - underline the details and sketch out the business case study description map. In some cases you will able to find the central problem in the beginning itself while in others it may be in the end in form of questions. Business case study paragraph by paragraph mapping will help you in organizing the information correctly and provide a clear guide to go back to the case study if you need further information.
Step 8 -Implementation Framework The goal of the business case study is not only to identify problems and recommend solutions but also to provide a framework to implement those case study solutions. Implementation framework differentiates good case study solutions from great case study solutions. If you able to provide a detailed implementation framework then you have successfully achieved the following objectives - • Detailed understanding of the case, • Clarity of HBR case study fundamentals, • Analyzed case details based on those fundamentals and • Developed an ability to prioritize recommendations based on probability of their successful implementation. Implementation framework helps in weeding out non actionable recommendations, resulting in awesome Cambridge Consulting Group: Bob Anderson case study solution. Step 9 - Take a Break Once you finished the case study implementation framework.
While business is currently very strong, Bob is personally responsible for too much of the success. Bob’s five vice presidents are craving guidance, training, mentoring and career direction, and Bob’s wife and family are craving attention and affection. By forgoing long term planning, training and effective delegation, Bob is putting both the business, and his personal life in jeopardy, therefore placing even more pressure on himself.
Highlights the dilemmas of being a 'producing manager' (i.e., a professional who has both individual production as well as management responsibilities). Issues raised include: delegation, developing subordinates, developing an agenda, and building an organization. Growth strategy, Leadership [10 Steps] Case Study Analysis & Solution Step 1 - Reading up Harvard Business Review Fundamentals on the Leadership & Managing People Even before you start reading a business case study just make sure that you have brushed up the Harvard Business Review (HBR) fundamentals on the Leadership & Managing People. Brushing up HBR fundamentals will provide a strong base for investigative reading. Often readers scan through the business case study without having a clear map in mind. This leads to unstructured learning process resulting in missed details and at worse wrong conclusions. Reading up the HBR fundamentals helps in sketching out business case study analysis and solution roadmap even before you start reading the case study.
My case study strategy involves - • Marking out the protagonist and key players in the case study from the very start. • Drawing a motivation chart of the key players and their priorities from the case study description. • Refine the central problem the protagonist is facing in the case and how it relates to the HBR fundamentals on the topic. • Evaluate each detail in the case study in light of the HBR case study analysis core ideas. Step 3 - Cambridge Consulting Group: Bob Anderson Case Study Analysis Once you are comfortable with the details and objective of the business case study proceed forward to put some details into the analysis template. You can do business case study analysis by following Fern Fort University step by step instructions - • Company history is provided in the first half of the case.
STEP 6: Porter’s Five Forces/ Strategic Analysis Of The Cambridge Consulting Group Bob Anderson Case Study: To analyze the structure of a company and its corporate strategy, Porter’s five forces model is used. In this model, five forces have been identified which play an important part in shaping the market and industry. These forces are used to measure competition intensity and profitability of an industry and market. Porter’s five forces model These forces refers to micro environment and the company ability to serve its customers and make a profit. These five forces includes three forces from horizontal competition and two forces from vertical competition. The five forces are discussed below: • THREAT OF NEW ENTRANTS: • as the industry have high profits, many new entrants will try to enter into the market.
Porter’s five forces model STEP 2: Reading The Cambridge Consulting Group Bob Anderson Harvard Case Study: To have a complete understanding of the case, one should focus on case reading. It is said that case should be read two times. Initially, fast reading without taking notes and underlines should be done. Initial reading is to get a rough idea of what information is provided for the analyses. Then, a very careful reading should be done at second time reading of the case.
Delegation, developing subordinates, developing an agenda and build an organization «Hide from Jay W. Lorsch, John J. Gabarro Source: Harvard Business School 5 pages. Publication Date: Oct 18, 1995. Prod #: 496023-PDF-ENG Cambridge Consulting Group: Bob Anderson HBR case solution.
Focus on the following - • Zero down on the central problem and two to five related problems in the case study. • Do the SWOT analysis of the Cambridge Consulting Group: Bob Anderson. SWOT analysis is a strategic tool to map out the strengths, weakness, opportunities and threats that a firm is facing. • and SWOT Matrix will help you to clearly mark out - Strengths Weakness Opportunities & Threats that the organization or manager is facing in the Cambridge Consulting Group: Bob Anderson • will also provide a priority list of problem to be solved.
• HBR case studies provide anecdotal instances from managers and employees in the organization to give a feel of real situation on the ground. Use these instances and opinions to mark out the organization's culture, its people priorities & inhibitions. • Make a time line of the events and issues in the case study. Time line can provide the clue for the next step in organization's journey. Time line also provides an insight into the progressive challenges the company is facing in the case study. Step 4 - SWOT Analysis of Cambridge Consulting Group: Bob Anderson Once you finished the case analysis, time line of the events and other critical details.
Its changes and effects on company. • Employment patterns, job market trend and attitude towards work according to different age groups. • • case study solutions • Social attitudes and social trends, change in socio culture an dits effects. • Religious believers and life styles and its effects on organization • Other socio culture factors and its impacts. TECHNOLOGICAL: • Any new technology that company is using • Any new technology in market that could affect the work, organization or industry • Access of competitors to the new technologies and its impact on their product development/better services. • Research areas of government and education institutes in which the company can make any efforts • Changes in infra-structure and its effects on work flow • Existing technology that can facilitate the company • Other technological factors and their impacts on company and industry These headings and analyses would help the company to consider these factors and make a “big picture” of company’s characteristics. This will help the manager to take the decision and drawing conclusion about the forces that would create a big impact on company and its resources.
By failing to properly delegate to John, the only other partner in the business, Bob is essentially making his job twice as challenging by failing to properly utilise John’s skills and talents. 2 pages, 536 words. Does one person do so much work?' John asked Bob.
Cambridge Consulting Group Bob Anderson
Moreover, it is also called Internal-External Analysis. STRENGTHS: In the strengths, management should identify the following points exists in the organization: • Advantages of the organization • Activities of the company better than competitors. • Unique resources and low cost resources company have.
Bob should invest in a formal training and development program, along with a more clearly defined path to becoming a partner for his vice-presidents. Long term: Bob should empower his vice-presidents to take on significantly more responsibilities, in order to reduce his personal exposure and workload.
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• • Pest analysis PEST FACTORS: POLITICAL: • Next political elections and changes that will happen in the country due to these elections • Strong and powerful political person, his point of view on business policies and their effect on the organization. • Strength of property rights and law rules. And its ratio with corruption and organized crimes. Changes in these situation and its effects. • Change in Legislation and taxation effects on the company • Trend of regulations and deregulations. Effects of change in business regulations • Timescale of legislative change.
Pest analysis is very important and informative. It is used for the purpose of identifying business opportunities and advance threat warning. Moreover, it also helps to the extent to which change is useful for the company and also guide the direction for the change. In addition, it also helps to avoid activities and actions that will be harmful for the company in future, including projects and strategies. To analyze the business objective and its opportunities and threats, following steps should be followed: • Brainstorm and assumption the changes that should be made to organization.
STEP 4: SWOT Analysis of the Cambridge Consulting Group Bob Anderson HBR Case Solution: SWOT analysis helps the business to identify its strengths and weaknesses, as well as understanding of opportunity that can be availed and the threat that the company is facing. SWOT for Cambridge Consulting Group Bob Anderson is a powerful tool of analysis as it provide a thought to uncover and exploit the opportunities that can be used to increase and enhance company’s operations. In addition, it also identifies the weaknesses of the organization that will help to be eliminated and manage the threats that would catch the attention of the management. This strategy helps the company to make any strategy that would differentiate the company from competitors, so that the organization can compete successfully in the industry. The strengths and weaknesses are obtained from internal organization. Whereas, the opportunities and threats are generally related from external environment of organization.
Lorsch, John J. Gabarro: Harvard Business School 5 pages.
• External environment that is effecting organization • Problems being faced by management • Identification of communication strategies. • Any relevant strategy that can be added. • Control and out-of-control situations. When reading the case for second time, following points should be considered: • Decisions needed to be made and the responsible Person to make decision. • Objectives of the organization and key players in this case. • The compatibility of objectives. If not, their reconciliations and necessary redefinition.
However, the new entrants will eventually cause decrease in overall industry profits. Therefore, it is necessary to block the new entrants in the industry. Following factors is describing the level of threat to new entrants: • Barriers to entry that includes copy rights and patents. • High capital requirement • Government restricted policies • Switching cost • Access to suppliers and distributions • Customer loyalty to established brands. • THREAT OF SUBSTITUTES: • this describes the threat to company. If the goods and services are not up to the standard, consumers can use substitutes and alternatives that do not need any extra effort and do not make a major difference.
Growing, stagnant or declining. • Exchange rates fluctuations and its relation with company. • Change in Level of customer’s disposable income and its effect. • Fluctuation in unemployment rate and its effect on hiring of skilled employees • Access to credit and loans. And its effects on company • Effect of globalization on economic environment • Considerations on other economic factors SOCIO-CULTURAL: • Change in population growth rate and age factors, and its impacts on organization.
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While business is currently very strong, Bob is personally responsible for too much of the success. Bob’s five vice presidents are craving guidance, training, mentoring and career direction, and Bob’s wife and family are craving attention and affection. By forgoing planning, training and effective delegation, Bob is putting both the business, and his in jeopardy, therefore placing even more pressure on himself. What are the underlying causes? Bob is still trying to prove to his colleague John Burgess that he is the right person for the managing partner role, after John was overlooked for the position. By burying the issue, and not addressing the problem in their relationship soon after his promotion, a rift formed between the two partners and has now divided the business. Bob underestimates how evident this is to his staff, and still feels that he has to prove his eligibility for the role, by demonstrating his value to the business through growth in billings.
Following factors will influence the buying power of customers: • Bargaining leverage • Switching cost of a buyer • Buyer price sensitivity • Competitive advantage of company’s product • BARGAINING POWER OF SUPPLIERS: • this refers to the supplier’s ability of increasing and decreasing prices. If there are few alternatives o supplier available, this will threat the company and it would have to purchase its raw material in supplier’s terms.
By failing to properly delegate to John, the only other partner in the business, Bob is essentially making his job twice as challenging by failing to properly utilise John’s skills and talents. What actions, if any, should Anderson take? Short Term: As the business is currently performing very well, Bob could afford to take some time off for a holiday with his family. He needs to stop avoiding responsibilities not only in his business, but also at home. He is burying himself in his role and if he doesn’t quickly address the issues in his personal life, he is heading for a mid life crisis. Medium Term: Bob needs to address the underlying issues with his colleague John, and ask for his support in developing and growing the structure of the business. Bob must delegate responsibilities, especially those around business acquisition.
• Local events. THREATS: Following points can be identified as a threat to company: • Company’s facing obstacles. • Activities of competitors. • Product and services quality standards • Threat from changing technologies • Financial/cash flow problems • Weakness that threaten the business. Following points should be considered when applying SWOT to the analysis: • Precise and verifiable phrases should be sued. • Prioritize the points under each head, so that management can identify which step has to be taken first. • Apply the analyses at proposed level.
Step 6 - PESTEL, PEST / STEP Analysis of Cambridge Consulting Group: Bob Anderson Another way of understanding the external environment of the firm in Cambridge Consulting Group: Bob Anderson is to do a PESTEL - Political, Economic, Social, Technological, Environmental & Legal analysis of the environment the firm operates in. You should make a list of factors that have significant impact on the organization and factors that drive growth in the industry. You can even identify the source of firm's competitive advantage based on PESTEL analysis and Organization's Core Competencies.