Personal & Career Development Programme Name Institution Organizations and institutions often require a business model for start up. A business model is usually the basic requirement from which any business would build itself from. A business model is often expected to be appropriate in order to extort the right benefit from the innovations it makes…
Download full paperFile format: .doc, available for editing
Download file to see previous pages
A business model will hence serve as a link between business experts and technical experts to help them understand their roles. In addition, a business model is a significant determinant of making profits accrued from an innovation. Therefore, a business model often attracts a multitude of many business subjects like economics, strategy, operations, entrepreneurship, finance and marketing (Bradford, 2009). Moreover, the main reason why a given ordinary innovation along with a strong business model often tends to be more profitable compared to a leading innovation whose business model is a mediocre (Bolman 2004). Barlow (2007) explains that a business model has six components, which enables it to be effective, as well as efficient; these components include: Value proposition – this is a depiction of customer problems, products that deal with this problem, as well as the value of the product in view of the customer. Market segment – this is the target group of the customers, acknowledging that every market segments have their own distinct need. In most cases, the capability of an innovation is realized by targeting different market segment. Value chain structure – this is the company’s position, along with the value chain, and how the company intends to occupy the element of the principles it establishes in the chain. Revenue generation and margins – this involves the ways that income is generated like sales, subscription etc.; target profit margins, and the cost structure. Position in the value network – this is the identification of competitors, as well as any network results that can be used in delivering more value to customers. Competitive strategy – these entail ways in which the company will attempt to create a prolonged competitive advantage e.g. by striving to be different from other companies (Piro, 2000). An illustration with the help of a case study is the best way to describe ABC Corporation, along with its ABC Model 999 copier, in relation to its business model, products or services, potential development, as well as the customer base (Hoque 2000). The Model 999 often utilized the relativity of higher electro-photography process, a dry process that often dodges the utilization of using wet chemicals (Rainey, 2005). In its attempts to look for potential partners, the ABC Corporation became repeatedly turned down by many leading companies who perceived that technology they had did not have any future especially with the use of the business models (Bradford, 2009). Although the technology was exclusive to first copy systems, the cost of the system at that time was extremely high since it was six to seven times higher than other technologies (Webber, 2010). The issue of selling a given system at lower cost so as to be adopted by many companies then came into place and had to make a decision or else be faced out of the market. This challenge had to come with them also need to make huge profits at that time and to incur their expenses too. They also got suppliers that could supply them with supplies that were identical to theirs, but at cheaper cost (Brinckloe, 2001).
...Download file to see next pagesRead More
Cite this document
(“Personal & Career Development Programme Essay Example | Topics and Well Written Essays - 750 words - 1”, n.d.)
Personal & Career Development Programme Essay Example | Topics and Well Written Essays - 750 words - 1. Retrieved from https://studentshare.org/management/1439475-personal-career-development-programme
(Personal & Career Development Programme Essay Example | Topics and Well Written Essays - 750 Words - 1)
Personal & Career Development Programme Essay Example | Topics and Well Written Essays - 750 Words - 1. https://studentshare.org/management/1439475-personal-career-development-programme.
“Personal & Career Development Programme Essay Example | Topics and Well Written Essays - 750 Words - 1”, n.d. https://studentshare.org/management/1439475-personal-career-development-programme.
Talent refers to those individuals who demonstrate highest levels of potential positive impact on the performance of the organization (Ford et al., 2010). This can occur either immediately or in the long-run. It is viewed in terms of the individual possessing it.
CSOs, so as to ensure that this information is visible and available to potential supporters of these programs. Guidestar seeks to complete this objective through the following system: make CSOs more visible, accountable, and effective enable more confident and effective philanthropy; and promote vibrant and well governed civil societies (GuideStar International, 2011) Created in 1994, the UK based charity (first founded in the US) chose its name, GuideStar, to represent their mission to act as a guiding star of information to other CSOs and to their stakeholders, to ensure that projects will receive the necessary attention and funding.
This journal is weighted at 20% in terms of the overall mark for the module. Word Count 750/1000 There are three criteria which form the basis of the assessment. These are; Criteria Action Evidence of the application of research skills to developing an awareness of current & future sector specific business / customer capability requirements.
First, most of the decisions in terms of my career and education were earlier on influenced by my parents and teachers and I cannot claim to have undertaken decisions that would push me towards a specific career path. However, as I worked in my uncle’s barrister office, a spark was produced about law as an attractive career, which I built upon through gathering more information about law and attended a number of seminars.
Drywaller task is to prepare wall for painting as well as wallpapering among others. Mr. McDonald is qualified as a concrete worker and drywaller on a fulltime basis. Moreover, Mr. McDonald has acquired valuable professional experience as a concrete worker from the City of Riverside on a temporary position.
Research conducted at the lower and middle levels of the organizational hierarchy has emphasized the need for leaders to take into consideration the characteristics of their subordinates and the structure and clarity of the task when performing their leadership roles.
Successful firms find they need to be lean, agile and quick to respond organization that don’t or won’t accelerate their change will disappear. The same is true for business professionals at every level who work in this information age.
The paper tells that the success of every business or organization often relies on or begins from the type of management being practiced within the organization. Managers must thereby endeavor to accomplish the business objectives, visions or missions through the proper understanding of their responsibilities, determined performance and implementation of the business set strategies.
Education level and qualities of a person play a vital role in the development of his career. Selecting appropriate career can change the entire life of a person. Therefore career selection is very important in achieving the goals and objectives
7 Pages(1750 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Personal & Career Development Programme"
with a personal 20% discount.