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My thoughts on strategic thinking at Haemonetics was based upon my review of an article by Michael E. Porter from Inc. Magazine online. It was written in September of 1991 and titled "Know you Place, Assessing the attractiveness of your industry and strategically positioning your company". Michael E. Porter, a Harvard Business School Professor, is a leading authority on competitive strategy and has authored 16 books and over 100 articles on the subject. He is such a leading authority that Harvard University created the Institute for Strategy and Competitiveness to further his work and his ideas are taught in virtually every business school in the world. His article, Know Your Place, discussed several key points that every business must know to be competitive and survive. His points focused around analyzing your industry and strategic positioning within that industry. Analyzing your industry is the process of understanding the attractiveness of the industry in regards to long term profitability. To understand how to access attractiveness Michael outlines five basic competitive forces that fit all industries. They are the character of the competition, threat of new competition, threat of substitute products and the bargaining power of suppliers and buyers. Each of these needs to be understood because the potential profit in any industry is determined by the balance of these forces. Haemonetics industry is unlike a typical manufacturing industry because of the medical device regulatory implications. We sell to blood banks and hospitals but in the end the true requirement we strive to meet is that of the volunteer donor. Haemonetics and our competitors do enjoy a rather calm industry and that there is not a lot of cost cutting going on. These factors, according to Michael, help the industry retain it's attractivenns for profit potential. Our industry has involved the same players over the years because...
pages: 4 (words: 914)
comments: 0
added: 01/03/2012
Introduction The main aim of the paper is to ascertain the extent of participation, the types of alliances used and the problems faced by these firms which are basically into developing and manufacturing telecommunications, transport, information, lethal platforms, and components for the operation of these platforms for military organisations. Exposure to decreasing defence budgets of nations, global competition, and open market practices, has made the environment of the defence equipment manufacturing firms, which have constraints for technology transfers and use of popular corporate strategies due to the very nature of their business, unpredictable, uncertain, and a threat to their survival. In such a situation, strategic alliances are a good option for these firms. But given the political and commercial constraints, the best practices of the alliance formation may not be relevant to these firms. This paper looks at how these firms are practising strategic alliances. The Defence Industry Environment It appears that the issues facing the defence industry and the new emerging constraints have attracted a lot of attention of contemporary authors, but the responses to these issues and their effects are somewhat still unclear to the industry. Since the end of the cold war in early 1990s, the trend in Europe is that of declining defence expenditures, shutting down of many such defence equipment manufactures and the reduction of employees in this sector. Two other important factors that influence the sector are the decreasing control of the state in arms manufacturing and the break up of the military industrial complexes. Also, due to reduction in Russian threat, the customer base has reduced, but competition has increased. This has been highlighted by the example of the Aerospace industry, wherein only four models exist, but every contract is vital for the company's survival. This condition has led to increasing alliances even between competitors in an...
pages: 11 (words: 2923)
comments: 1
added: 12/01/2011
Author Frank McCourt was born in Brooklyn and returned to Ireland at the age of four. Angela's Ashes is the story of his childhood. Throughout the memoir McCourt illustrates many common themes in his childhood. Hunger, discrimination, rules of the Catholic church, and survival skills are all depicted throughout the novel. McCourt best paints the picture of the will to succeed and the strength to triumph through tragedy. He returned to America at the age of nineteen and was a high school English teacher for many years. McCourt published Angela's Ashes in 1996 and the sequel to the book, Tis,' was released in 1999. Angela's Ashes is the story of Frank McCourt's childhood. The memoir begins in Brooklyn, explaining Frank's parent's childhoods, and their forced marriage due to Angela's unexpected pregnancy. Malachy, Frank's father, is an alcoholic who cannot hold down a job and the family experiences immense suffering. They decide to return to Limerick Ireland, yet find that circumstances are not much better there and are forced to receive welfare. McCourt continues on, telling of extreme hardships the family faces: his twin brothers die, he contracts the deadly typhoid fever and as always, Malachy continues to drink away the money. Frank however grows into a hardworking man, who earns his way to America, proving that enduring a hard childhood can instill a strong work ethic and the will to succeed. Hunger, discrimination, and poverty are just some of the horrors Frank McCourt endured every day. He was raised by an overworked, defeated mother, and an unreliable alcoholic father. Yet instead of succumbing to his miserable childhood, Frank rose above his challenges, showing a determination and will to succeed. At the age of nine he began working two jobs in addition to going to school. Frank was desperate to help out his...
pages: 3 (words: 745)
comments: 0
added: 12/25/2011
George Orwell's Animal Farm is most famous in the west as a stinging critique of the history and rhetoric of the Russian Revolution. Retelling the story of the development of Soviet communism in the form of an animal fable allegorizes the rise of power of the dictator Joseph Stalin. Published in 1945, Animal Farm expressed the events of the time as well as people's reaction towards those events. Many of the book reviews in the following year agreed this was true. According to the August 25, 1946 New York Times Book Review, "Animal Farm may be taken as the most compact and witty expression of left-wing British reaction to Soviet communism." Time Magazine referred to the book as a "laugh-and thought-provoking satire on Communism and the Soviet Union." Newsweek's September 9, 1946 issue believed Animal Farm "created a minor stir…attacked from the far Left, and cheered from the far Right." And Nation's September 7, 1946 publication thought Orwell's novel "a disappointing piece of work." Each of these reviews hold truth as well as personal critical opinion, and not every opinion is the same. On August 25, 1946, The New York Times printed in its Book Review section an extensive analysis of George Orwell's Animal Farm. The author, Arthur M. Schlesinger Jr., names the review, fittingly, "Mr. Orwell and the Communists." He began with a long examination of the abuse of power by man, noting that this is what Communism is. The temptations of power have been satisfied by communism with "a new form of class tyranny" (Schlesinger, 1). He then introduces George Orwell as a leftist and his book a left-wing reaction to communism. After summarizing the book very thoroughly, he refers to the reader the struggle between Stalin and Trotsky, two key characters in Soviet communism. The common reader without...
pages: 7 (words: 1920)
comments: 0
added: 01/18/2012
Jack The Ripper Coursework Question 1 Source A, which is part of an article in the East End Observer describing the murders of Martha Tabram and Polly Nicholls. We learn from source A that the murders were brutal as the source tells us that the ripper uses an 'excess of effort' in the killings. The source tell us that the victims; Martha Tabram and Polly Nicholls were very poor, "the victims have been of the poorest of the poor". This suggests that the murderer is targeting poor women in the east London area. The content of source A also illustrates that the ripper had no clear reason of the murders "no adequate motive in the shape of plunder can be traced" this explains why the victims were poor as their was no motive to be figured out or there may be a motive but the source, which was a popular east end newspaper may be exaggerating to cause fear. The murders of Polly Nicholls and Martha Tabram were so peculiar, neither of them were mugged or raped, but mutilated. The source also gives us the idea that the serial killer was a mad man "both crimes are the work of a demented being" so this could have been the reason why he had no motive for the murders as they were poor. The newspaper may be trying to add to the panic in the East End of London "the two murders which have so startled London within the last month" nothing like this had happened before so it was bringing along more shock and confusion. source A was written when Jack the Ripper had committed his first murders. At the time the source would have created considerable alarm among the poor East end public. In the Nineteenth Century there was a large...
pages: 12 (words: 3131)
comments: 0
added: 02/06/2012
Anorexia is an illness. It is a form of eating disorder. People who suffer from anorexia lose significant weight by starving themselves, so much so that their weight falls way below ideal. Despite being underweight, sufferers still have the misconception of being fat, and some may even avoid mirrors and continue extreme dieting. This can be very dangerous as prolonged starvation can lead to death. Although there is no medication to treat this illness, the good news is, anorexic victims can be cured. It will take them a lot perseverance and determination, but it can be done. There is no one definitive method, but here are a few good ways to start. One, overcoming the psychological barrier. Victims of anorexia first have to battle their minds. Victims who suffer from low-self esteem need to accept themselves as what they are. They need to learn to love their body and respect it. Understand the concept that health is wealth. Feeling guilt when they are eating is common amongst victims, the important thing to do here is to stop counting calories and starting to eat right. It is vital that victims of anorexia start regain their body weight as early as possible. Reading success stories of people who have recovered from eating disorders is of tremendous help too. This gives the anorexic person greater confidence that they can recover, and acts as a motivation along the way. Two, accept support from family members and friends. Most anorexic victims are unwilling to admit that they are ill. They try to hide their eating and weight problems from the people around them. When victims have made up mind to recover, it will be wise for them to open up to their family and close friends. Confess their illness and the reasons behind it. Friends and family...
pages: 3 (words: 637)
comments: 1
added: 04/29/2011
"Researchers estimate that about 0.5 to 1 percent of young women in the United States have anorexia nervosa as it is clinically defined -+ by the American Psychiatric Association" (Microsoft 1). Anorexia Nervosa is a national epidemic that is not only exclusive to the females in our society. Anorexia Nervosa is a mental illness where the patient has an intense fear of gaining weight and an imprecise perception of their body size and shape. Someone with anorexia nervosa is going to eat less and often exercise excessively. A person with anorexia nervosa will also will see himself or herself as overweight even when they are so underweight that they are seriously endangering their health. The purpose of this paper is to examine the different aspects of anorexia nervosa and possible treatments and cures, from the psychological standpoint. Anorexia nervosa is predominantly found in women. Although, more than 90 percent of cases involve women, the other 5 to 10 percent are found in men (Microsoft 1). This number is believed to actually be higher, but many would not as easily recognize this disorder in men since the disorder is so associated with women. Many of the symptoms are psychological in origin. One such symptom is the belief that if the patient is thin then happiness, fame, and wealth will come to them. Many of these people look to stars in Hollywood such as the actress that plays Alley McBeal on the hit TV drama, Alley McBeal. The successful lawyer has many friends and is often sot after by men. This is one example of many of how Hollywood places an overemphasis on thinness to be beautiful. This leads many young woman and a few young men to become thin. Through this course, they over exercise and under eat to get the results they...
pages: 4 (words: 1005)
comments: 1
added: 09/26/2011
Anorexia Nervosa is a severe eating disorder that mainly affects teenage girls, however, it can affect men and women of all ages. There are many factors that contribute to a girl becoming anorexic, including low self-esteem and depression. Common features of anorexia include weight loss and behavior changes. The weight loss is gradual and often starts with a "perfectly normal weight reducing diet."(Rowan) Although the only person who can cure anorexia is the person that suffers from it, there are some treatment options available today. Many factors contribute to a girl becoming anorexic. A main one is an attempt to lose excess weight. Most anorexic girls do not have "excess weight" to lose, they only think they do. In fact, most often they are unhealthily thin. Oftentimes, the girl disregards the opinions of others and focuses on losing as much weight as she can. Attempts to make her stop are often met with hostility and even violence.(Rowan, Shelly) Another key factor that can lead to anorexia is depression. This can be associated with stress/pressure at school, home, or in relationships. Usually, an anorexic teenage girl comes from a family where the pressure to succeed is great. This leads to constant anxiety over big tests such as finals and S.A.T./A.C.T. exams. Because the girl has so much anxiety, problems in relationships often arise. If she has a boyfriend, he tends to feel neglected because the girl is constantly worried about her academics.(Rowan, Shelly) A change in personality is a very common side effect of anorexia among teenage girls. In most cases, she becomes less outgoing and less fun to be with. This leads to her distancing herself from her friends, and she may seem to lose interest in everything except food and academics. In addition, the girl may become more organized and obsessive. She...
pages: 4 (words: 984)
comments: 0
added: 12/13/2011
"For whatever reason, strangers feel they have a right to criticize you and your appearance and behaviors." To my sister, what these people thought meant the world to her. Eating disorders are classified as mental disorders which are understood to have multiple roots, including depression, low self-esteem, sexual/physical abuse history, and a perfectionist attitude. While all of these elements are important to consider, the cultural and societal aspect is arguably one of the most significant factors to observe. Anorexia nervosa and bulimia are two of the most recognized eating disorders in North America. Both disorders involve self-destructive conduct that develops from a goal to lose weight. Anorexia is characterized by starvation dieting, excessive exercising, and an intense fear of gaining weight. Bulimia, though marked by a similar fear of weight gain, is distinguished by episodes of binge eating, purging by vomiting, and excessive exercise possibly with the aid of diet pills. But while there are some similarities between anorexia and bulimia, they are separate problems. There is no single cause of anorexia nervosa, because it's a complex disorder with multiple causes that may be different for every person. From what is known it seems that this is a disorder of many causes that come together to produce the illness. These recognized causes include the nature of the personality of the ill, aspects of his/her family - its members and relationships, and stressful problems occurring outside the home, often at school. There is an increase risk in families in which there are previous cases of anorexia. This possibly indicates a genetic cause as well. Pressures and conflicts within the family are thought to be the primary cause of bulimia. People with the illness are most often overachievers and perfectionists and feel they can't live up to the expectations of their family and...
pages: 3 (words: 657)
comments: 1
added: 11/14/2011
Anne Hutchinson was a threat to the ideals of the Puritan community because she would not subjugate her own personal convictions and beliefs to those held by the ministers and the civil authority. She was thought of as having broken covenant with the community by associating with those already banned and by freely speaking her differing ideas. These actions were compounded by the fact that she was a strong, well-spoken, charismatic individual. Anne's strength can be seen at the beginning of the examination. First the trial was moved from Boston to Newton to isolate her from her supporters. As a woman, alone, she was brought in front of a court full of powerful men. Then harshly rebuked by the Governor being accused of "troubling the peace of the commonwealth and churches" by "promoting and divulging of those opinions that are causes of this trouble." (Wheeler/Becker p. 35) I imagine this was orchestrated in part to cause Anne to be ashamed and fearful. The Governor may have hoped that this would have led her to humility and to ask forgiveness and then to go back to her place of quietly tending to her family. He must have been disappointed and angered when instead of backing down she challenged his confrontation stating, "I hear no things laid to my charge."(Wheeler/Becker p.36) Next the Governor questions Anne concerning her association with Mr. Wheelwright. Mr. Wheelwright's sermons had been considered divisive to the colony and hence he had been banished. Anne was accused of being guilty of the same sin through entertaining Mr. Wheelwright and his supporters. When she questions, "What law do they transgress?" Gov. W. answers, "The law of God and of the state." I seems that the Governor considered Mr. Wheelwrights views to be detrimental to the community. By bringing division to the...
pages: 4 (words: 910)
comments: 0
added: 12/28/2011
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