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Bill Bain & Co.: Executive Summary

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(Bain & Co., 2015) This forms profound and gratifying business relationships with their Clients’. There next approach is True results, Bain’s focus on long term results long before it became “fashionable” in the business world and they will “continue to raise the bar,” for consulting firms. (Bain & Co., 2015) Bain’s also stated that True results involves personalized results not limited by limitation of the companies’ different divisions, industries, characteristics, or chain of command. True Results are logical and the plan of action, long-term and repetitive. Bill Bain states that “when someone asks what we do, it’s tempting to point out that the companies four decade track record to helping to transform the world’s great companies into sharper and better versions of their company. Bain’s mission is to help management teams create such a high level of economic value that together Bain and …show more content…

Internal consultant have the opportunity to make recommendation and ensure that they are followed through. This does offers long term success within the company. They can practice proactive planning. The Disadvantages of an internal consultant is they can be ambiguity, due to the lace of defining his role in the company and having a problem finding out who they report their suggestion. The internal consultant should also not rock the boat, the consultant often gets involved in the company politics and this manly when an external consultant comes in to be objectively as possible. The advantages of the external consultant is establishing a reputation and having the best plan of action for their client’s company. The external consultant can remain objective, due to working with other companies this broadens their perspective on the situation at hand.

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Business Description: Lowe’s companies, Inc. established 72 years ago at the year of 1921, Its a home improvement retailer, functions through the United States for building materials and supplies. Headquartered in North Wilkesboro, North Carolina, serves more than 17 million customers a week from all stores. Currently, Lowe’s operates in 1,820 stores within the United States and 310 stores internationally in Canada and Mexico. Lowe’s is known as the second largest US home appliances retailer after Sears.

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Focus on Core Areas: Another advantage for outsourcing your business it would free your energies and enable you to focus on building your business more, it allows you to invest in research and development and move on to providing higher value added services. What this means it’s that outsourcing allows you to improve your business and allows you to take bigger steps. Levelling and Keeping the Game Rolling: For small businesses that do not have enough money to support in-house services, unlike larger companies, outsourcing can be a saving grace and can help them act “big” by providing them access to technology similar big businesses and other perks on expertise larger organisations or businesses carry. For example your business is small and across your business there’s a bigger business by outsourcing your business you can get accessed to similar technology as them which will make them see your company is

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Internal factors happen inside an organisation the staff are likely to have direct control over it. External factors happen outside the organisation and are less likely to have a direct control over it. The businesses reputation or image may affect a business internally as a customer may have suffered poor customer service and this would have a negative influence on the business. Just as exceptional customer service would have a positive affect on the business, Other internal inlfuences on an organisation would be staff changes or issues. Staff within one grouping may not work well together so staff may have to be moved around or staff changes due to promotion etc.

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Dwight D. Eisenhower Dwight D. Eisenhower was known to be many things. He was a successful commanding general in Europe during the second World War and one of America’s most respected Presidents. One of his greatest achievements was his vision and ultimate creation of what is now known as Dwight D. Eisenhower System of Interstate and Defense Highways. Dwight D. Eisenhower was both a visionary and ethical leader because he knew the United States needed a safe and efficient Interstate Highway system and had a ‘Great Plan’ to achieve it. He put much thought and consideration into the positive and negative impacts of construction and the effects it could have on the greater good of the American public.

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On 9/11/17 Joseph Gomez, Wellness Coach (WC) made a visit to the home of Mrs. Sergia De Jesus Espinal (Tenant) for the purpose of picking up her monthly rent money order and following up on her wellness goal to maintain her apartment clean and in sanitary condition and to address any issues she may be experiencing. Tenant has been attending her therapy and day program. Tenant was dressed with a drooping dirty house robe and appeared unkempt. Tenant appeared to be at her baseline. Tenant states she is doing fine and is content with her new futon bed.

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In 2015, Macy’s announced its changes in restructuring its organization to adapt to the rise of online shopping (Krause, 2015) and quicken both the store and digital growth (Thau, 2015). This plan includes the merging of the merchandising and marketing departments. In addition, the online and in-line marketing are supervised by one department to evaluate sales and implement changes. Another thing is to eliminate a few retail employees from its 830 stores to counterbalance the increase in online purchases, result in losing 2,300 jobs. While the plan had some skepticism, it was still an innovative approach to the “Omni-channel” online shopping as Macy’s is the first store to do so.

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(Yang) The company is more focused on how they can increase shareholder value with emerging technology that produces large revenues with a cheap outsourced and offshore labor force, than to provide society with products and service by onshore labor. The initial balance of of company and county interests, as led by Thomas J. Watson Jr, has been replaced with the “road map” of Virginia Romney in which the “primary goal is to dramatically raise the company’s earnings-per-share figure.”

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In the case of Intuit, Steve Bennett refocused the company’s development strategy to make it more customer-driven. The focus on entering new markets and developing new products took advantage of the pre-existing entrepreneurial spirit of the company but at the same time added strategic focus, addressing the more laid-back culture of Intuit. This made the organisational culture change easier for employees to adapt to and his smart leveraging of the existing culture allowed the company to achieve double-digit revenue growth in his first year. (Groysberg, McLean & Nohria, 2006) James McNerney too enjoyed great success in 3M. 3M’s scientists were technically savvy and performance-oriented, and McNerney’s plans for process improvements sat well with them.

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In order to cultivate long term success the costs and benefits should be made very clear up

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The internal analysis involves looking at the organization’s current vision, mission, financial and strategic objective and strategies. An internal analysis involves looking at an organization’s current

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Simply having the right capacity in place to match the development of the company may be the biggest risk Wal-Mart faces. Wal-Mart hires antagonistically from more than 100 universities and targets the colleges with Retail Institutes. People have always been the company’s best asset. Their idea at Wal-Mart is to hire the best, provide the best training and to be the greatest place to work. Strategy 7: How does HR align every functional part with service?

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When founded, Coca-Cola developped internal for some time. For general speaking, internal growth is producing more of the same products or services, or improving the production lines by creating new products. It basically means that company grows within inside and gets stronger to the core. It is achieved by without incorporating other companies. The main advantage of internal growth for companies in general is that the company grows within the existing structure, so there will be no problems of structure or management systems.

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The Core Competencies of Effective Business Consulting Services The art of business consultation is a more nuanced and subjective process than some may realize at first glance. There are plenty of standard practices that industry veterans continue to use, but most consulting firms view and define them differently. Each consultation job is a different case, and there’s no single process that works for every client. There are, however, more enlightened ways to view the fundamentals of effective business consulting practices. Common Views of Business Consultation

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External recruiting has its pros and cons. New Hires can offer new insight to the company and fresh eyes, hands, and skills. They can also be an asset to the company by gaining new skills to use in other areas of the company as well. The cons could be their pay rate, and not

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