Corporate strategy assigment Essay Example | Topics and Well Written Essays - 1750 words

Corporate strategy assigment - Essay Example The company has employed more than ten thousand professionals in 27 countries globally. The company enjoys considered client base that include insurance companies, corporations, sovereign wealth funds, banks, pension companies and endowment foundations. The company offered integrated services to its clients including enterprise management, strategic advisory services and risk management services. The company has more than US $ 3.67 trillion in fixed income securities, real estates, equity funds and alternative investments (Grind 40). Business model development Black Rock Inc has implemented an excellent business model. The company recognizes the changing business environment requires innovative products. The company has a global scale approach to its operations and enables clients have a local reach to its services. The company is also client-focused since it provides integrated services to its client portfolio. The business model is aimed at facilitating efficiency, enhancing teamwo rk across the globe and offering tailor-made products that meet the client needs. Organisational culture One of the core assets of the organisation is an organisational culture that is aimed at meeting client needs. ... The company adds value to client solutions by the constant evolution of new product offerings. Through offshore funds, unit trusts and managed accounts, the company has been able to meet the unique needs of each client in the world. Human resources The company has invested in highly qualified risk management analysts and other key staff. For instance, the company has recently recruited experienced staff from some of the major competitors. The risk and quantitative analysis teams utilize a global and integrated approach in analysis of the market risks while also maintaining a regional orientation. The human resources are able to use the best practices in investments and risk management activities. Distribution and logistics The company has office locations in about 27 countries. The company has also enhanced the global reach through offering investment opportunities through the internet. The company has established partnerships with other financial intermediaries in order to increase the client base. Porter’s Five Forces Supplier power Maintaining of a good relationship with current clients is very important for Black Rock Inc. Current clients usually refer new clients due to their satisfaction with services that they receive from an organization. The company recognizes this and has invested on building long term relationships with their clients. One of the critical assets of the company is a good reputation that is maintained by the investor relations segment of the business (Schermerhorn 2010). Black rock Inc has been able to gain a high ranking among potential employees through its performance in the industry. Therefore, the company gets a highly qualified pool of applicants to choose from when hiring employees. The employees are

Lessons Learned Book Review on Colin Powell Essay

Lessons Learned Book Review on Colin Powell - Essay Example The first challenge he faced was the investigation of the My Lai Massacre. Later, Powell's assessment was alledged to be a whitewash. But this is one of the many instances where Powell's image has been exploited to serve the irresponsible behaviours of the Administation. Powell mentioned in his autobiography that he is haunted by the nightmare of the Vietnam War (Powell, 1995). From 1987 to 1989, Powell was Ronald Reagan's last National Security Advisor while retaining his Army commission. In 1989, he joined Eisenhower and Alexander Haig. During that time he faced 28 political and military crises, like the invasion of Panama in 1989 and Operation Desert Storm in the 1991 Persian Gulf War and earned the nickname, "the reluctant warrior". Militant about defending the "hardwon civil rights legislation of 1960's, General Colin Powell made famous the so-called Powell Doctrine, as part of the attitude to be considered while considering the 1990-1991 Gulf War. The Doctrine asserts that when a nation is engaging in war, all resources should be brought into action to affect an overwhelming force against the enemy. The questions that Powell Doctrine centers on are the issues of national security based on a clear and attainable objective fully analyzing the risks and costs, the full utilization of all non-violent policies, a plausible exit strategy to avoid endless entanglement, the consequences of American government action, support received from the American people on any particular action, and the presence of international support. Leadership is the art of accomplishing more that the science of management says it possible. (Harari, 2002) Leadership connotes an interrelationship of power - the power to give vision to others, and not just be a frontrunner. In the Leadership Character ModelSM developed by Robert Turknett and Carolyn Turknett in 2005 in their Decent People, Decent Company: How to Lead with Character in Work and in Life, they prescribe Accountibility, Responsibility and Integrity as some of the characters of a leader. Powell too, practiced people-based leadership that gave him an edge. A leader, as Powell believed and practiced himself, must challenge the status quo of all traditions. (Harari, 2002). Effective Leadership is a true test of character, and Colin Powell's life has been a testimony to this. In the study of his 35 years of military experience, we find a galore of instances where Powell used the basic human emotions of trust and belief in order to get over tricky situations. Powell rarely proposed military intervention as the first solution to any dispute, and instead advocated compromise. In the 2000 U.S. Presidential Election, Powell served as the key foreign policy advisor to the Bush campaign. After September 11, this public icon played a crucial role in taking up a single-handed leadership to enhance America's relationship with international countries. In an interview by O'Rourke of the Atlantic Unbound, Powell says: I'm considered the multilateralist-multilateralism means finding areas of compromise. Our nation also rests on a non-zero-sum concept. It was intended that Congress work by finding compromise, and from compromise you achieve consensus. Without compromise, you never get to