Nobody downloaded yet

Managing for the Future - Essay Example

Comments (0) Cite this document
Summary
Managing for the Future Table of Content Company Overview of Sainsbury’s 3 Corporate Social Responsibility 6 Environment 9 Globalization 10 Scenario development for the period 2018-2020 12 Comparison of the requirements that were developed against the Company’s analyzed competence 14 Conclusion 18 References 19 Bibliography 21 Company Overview of Sainsbury’s Business Objectives Founded in the year 1869, Sainsbury’s was the brain child and business venture of one London based John James Sainsbury and Mary Ann Sainsbury…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.5% of users find it useful
Managing for the Future
Read TextPreview

Extract of sample "Managing for the Future"

Download file to see previous pages It is also the co-owner of Sainsbury’s Bank along with Lloyd’s Banking Group (J Sainsbury Plc, 2012). Besides that, it has also owns property joint ventures with The British Land Company PLC and Land Securities Group PLC. What started off as a small retail store on London’s Drury Lane around the year 1969, Sainsbury’s has developed a huge history behind him over the years. Sainsbury holds more than 15% of the market share of the UK retail markets. Sainsbury hold the second position in the UK online retail market and is only behind Tesco. Sainsbury’s follows a simple passion of offering great food at fair prices to its consumers and this has been treated as one of the reasons for their success. By the year 2020, they have a target of sourcing all necessary raw materials and commodities in a sustainable manner (J Sainsbury Plc, 2010). Forecasts and Strategic Plan: Sainsbury is focused to provide healthy, safe, fresh and tasty food at fair prices. The chain continues to operate on five areas, which makes the chain differentiate itself from the retailers. The chain’s current focus plan is on: Growing space and creating property value Providing great food to the consumers Compelling general merchandising and clothing Developing new business channels Providing complimentary channels and services. Strengths Sainsbury’s has won numerous awards in the industry for its superior product quality over the past few years. Some of the awards comprises of fresh produce retailer of the year, honest food award and even wine retailer of the year. So it has clearly maintained industry standards and gained recognition in the industry The chain has made considerable amount of effort in order to modernize the brand by integrating technology at the point of sales (POS). Has tie ups with Nectar, a loyalty programme with an active user base of over 11 million. The chain has got high points on a regular basis in the industry’s most respected basket survey (J Sainsbury Plc, 2012). Weakness Their strategy is very puzzling at times. At times, they are targeting to appeal to mass markets which may result in tempting to go on an acquisition spree and then landing up with failed takeovers. Yet to recover the leading position of being the most preferred retailer in the UK region from the rival leading retailers. Opportunities Sainsbury’s ranking as an UK based online grocery provider is strengthened with higher sales on a year on year basis. With the increase in internet usage among the consumers, this segment can provide more sales to the retail chain. The addition of floor space in all new and existing stores for introducing the chain’s new health, beauty and household line of products will benefit the chain in the upcoming days and may provide greater share of revenue (J Sainsbury Plc, 2012). Threats Sainsbury’s is less committed to reinvest the capital generated in the business. This can spell danger for the chain as Tesco who is a stronger competitor in this segment is more focused on committing a large amount of capital for maintaining their long term growth oriented strategy. Have high reservations in establishing the brand of Sainsbury’s overseas and in foreign locations, which provides them with a disadvantage of being ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Managing for the Future Essay Example | Topics and Well Written Essays - 3750 words”, n.d.)
Managing for the Future Essay Example | Topics and Well Written Essays - 3750 words. Retrieved from https://studentshare.org/management/1400326-managing-for-the-future
(Managing for the Future Essay Example | Topics and Well Written Essays - 3750 Words)
Managing for the Future Essay Example | Topics and Well Written Essays - 3750 Words. https://studentshare.org/management/1400326-managing-for-the-future.
“Managing for the Future Essay Example | Topics and Well Written Essays - 3750 Words”, n.d. https://studentshare.org/management/1400326-managing-for-the-future.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Managing for the Future

Managing for the future: Apple Inc

...?Managing for the Future: Apple Inc Table of Contents Table of Contents 2 0.Introduction 3 2.0.Apple 2003 – 4 2 Technology 4 2.2. Social change 6 2.3. Globalisation 7 3.0.Scenario development 2018 – 2020 9 3.1. Technology 9 3.2. Social change 10 3.3. Globalisation 12 4.0.Conclusion 13 References 16 1.0. Introduction Apple Inc., is a consumer electronics company that designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and sells a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications (Apple, 2011). Between 1994 and 1997, the company experienced severe financial...
13 Pages(3250 words)Essay

Managing for the future

...? Managing for the Future and number submitted Overview of China Mobile Limited China Mobile Limited is both a “company” and a “group”. It is a giant in the mobile services provider therefore it has enormous customer base. The company is set up in Maniland, China and came into existence in the year 1997, September. It was included in New York Stock Exchange and The Stock Exchange of Hong Kong in October of 1997. The company has been recognized globally for being a successful business and mobile services provider. This fact can be analyzed by looking at the magazines who printed its success. "FT Global 500" by Financial Times, "The World's 2000 Biggest Public Companies" by Forbes magazine and by the Dow Jones Sustainability Indexes... for its...
12 Pages(3000 words)Essay

Managing for the future

...? Id: Module: Managing For the Future Module Lecturer: AN EVALUATION OF MANAGEMENTS COMMITMENT TO SOCIAL RESPONSIBILITY, AND ENVIROMENTAL SUSTAINABILITY AND CRISIS MANAGEMENT: Case of ExxonMobil. Introduction This essay aims at examining the managerial capability of ExxonMobil in a number of areas related to its operations and business environment. The areas that have been concentrated on in this paper are corporate social responsibility, environmental issues, and the capability of crisis management by the company. In the beginning of the paper, a short description would be provided about the concepts to be studied during the research. A detailed analysis...
25 Pages(6250 words)Essay

Managing for the Future

...? Managing for Future Table of Contents 0 Introduction 3 2 Sustainability 3 2.2 Distribution 4 2.3 Corporate Social Responsibility 5 3. Critique of the managements performance in these areas 6 3.1 Sustainability 6 3.2 Corporate social responsibility 6 3.3 Distribution 7 4. Synthesis of the critiques 7 4.1 Drawing conclusions about the ability of the management. 8 5. Use of theoretical model to position the management of the company 8 6. The development of the scenario 18 7. Development of the future scenario for the next 2018 to 2020 19 7.1 Development of the future scenario of sustainability 19 7.1.2 Development of the...
16 Pages(4000 words)Essay

Managing for the Future

...?Managing for the Future Introduction: Pepsi Co Inc Pepsi is one of the most renowned American multinational corporations headquartered at Purchase, New York. The company is an expert in manufacturing beverages, juices, snacks and other food products. The company was formed in the year 1995 with the merger between Frito Lay and Pepsi Cola. Presently, the company offers 22 different types of products which have generated sales more than 1 billion from each of the product (PepsiCo, 2013d). The company is regarded as one of the world leading company in beverages, snack, convenient food etc. The main objectives of the company are to offer diversified range of food products of high quality. Some of the major objectives of the company... , 2013k)....
14 Pages(3500 words)Essay

Managing for the future

...?Managing For the Future Table of Contents Table of Contents 2 Introduction 4 2 Sustainability 5 2.2 Distribution 6 2.3 Corporate Social Responsibility 7 3. Critique analysis of the management’s performance 8 3.1 Sustainability 8 3.2 Corporate social responsibility 9 3.3 Distribution 10 4. Synthesis of the critiques 11 4.1 Drawing conclusions about the ability of the management 11 5. Applying theoretical model 12 5.1 Strategic intention 13 5.2 Leadership capabilities 13 5.3 Organisational structure 14 5.4 Capability of the management to handle issues 14 5.5 Relationship with the stakeholders 14 5.6 Prevalence of transparency 15 6. Development of the...
24 Pages(6000 words)Essay

Managing for the future

...? Managing for Future-The Story of Starbucks Contents Contents 3 Introduction 4 Starbucks-Business Matrix and Capabilities 5 Business Elements 8 Corporate Social Responsibility (CSR) 8 Globalization 8 Crisis Management 9 Historical Analysis 9 Management Critique 14 Scenario Development 2018-2020 15 CSR & Sustainable Globalization Scenario for 2018-2020 17 Crisis and Catastrophe Management Scenario for 2018-2020 19 Competence & Comparison of Requirement 19 Conclusion 20 Introduction “The primary an only responsibility of business is to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game” - Milton Friedman (1970, p. 37) Was Milton Friedman (many believe that he... ...
20 Pages(5000 words)Essay

Managing for the Future

...?Managing for the Future Introduction Kellogg’s is a multinational food corporation which specializes in manufacturing cereal and other convenience food like crackers, pastries, toaster, cereal bars, waffles and other vegetarian foods ( Kellogg’s, “Our Brands”). The brand includes regular cornflakes, frosted flakes, Special K, Rice Krispies, Coco Pops, Pringles, Nutri Grain and Pop Tarts (Kellogg’s, “Bringing Our Best to the World”). The vision of the company is to offer customers healthy and tasty snacks which cater to their needs and also suit their taste buds (Kellogg’s, “About Kellogg Company”). One of the main objectives of the company is to promote healthy food for the betterment of the society and community (Kellogg’s, “Our... helped...
19 Pages(4750 words)Essay

Managing for the future

...?Managing for the future Table of Contents Executive Summary 3 Company Overview 4 Company’s History from 2007 to 4 Concept Definition 9 Performance Management 13 Scenario planning 18 Management Requirement 21 Reference List 22 Executive Summary An organization in order to sustain in the competition addresses many factors. This study aims to analyse the factors like corporate social responsibility (CSR), sustainability and environmental issue addressed by Marks and Spencer. In this context the past performance of the company has been analysed starting from year 2007 to 2013. The analysis of the performance then focuses on how the company has performed in these three...
18 Pages(4500 words)Assignment

Managing for the future

...?Managing For the Future Table of Contents Table of Contents 2 Introduction 3 Historic Analysis of Ford Motors’ Performances in the Past 7 Years 5 Globalisation 5 Corporate Social Responsibility (CSR) 7 Environmental Issues 8 Management’s Performance in the Aforementioned Areas i.e. Globalisation, CSR and Environmental Issues 9 Theoretical Models to Position The Company’s Management 12 Scenario Development 13 Future Prospects of Ford Motors in Relation to Three Areas i.e. Globalisation, CSR and Environmental Issues 13 Comparison of the Requirements Associated with the Future Prospect with the Competencies of Ford Motors 20 Conclusions 22...
20 Pages(5000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Managing for the Future for FREE!

Contact Us