Nokia Essay Example | Topics and Well Written Essays - 1000 words

Nokia - Essay Example President will be the overseer managing everything through other people. Figure 1 displays how the chain of human resource would work; Making a move to Morocco will require creating a small subsidiary like company in Casablanca. Plus, from the demographic and survey reports, it is clear that the most skilled people live in Casablanca in Morocco, so Nokia’s search will be narrowed down. What they need to be looking are managers for finance, supply chain, sales and production. As the official language of Morocco is Arabic, there will be a lot of web apps needed to be developed specifically for Moroccan people in Arabic language. For this local IT experts and web developers will be welcomed. All of the departments will be in touch with the export manager, as he will be traffic sergeant of all the supplies from Finland, the home of Nokia. Another aspect that needs to be considered is how many personnel will need to hired from Morocco and how many will fly from Finland to Morocco. The reason for this plan is Nokia doesn’t need many phone manufacturing experts in Morocco, there is a complete powerhouse back in Finland for Nokia so there is hardly any need for establishing something along the manufacturing lines in Morocco. Nokia will only nee managers that can manage the sales and marker research side. The building will be located in Burgogne Ouest, which will give Nokia a central spot in the city to move and supply its Lumia phone easily throughout the city. Better access to phone markets will help refill shelves quickly than the competitors. Taxation system in Morocco consists of two paths; the direct and indirect taxation. Corporates come under the taxation frame known as â€Å"impà ´t sur les societies† or simply corporate tax (â€Å"Doing business in,†). Nokia will have to pay a tax rate of 30% of its income as given by Moroccan corporate law. This rate could

Toyota Strategic Analysis and Strategy Formulation Research Paper

Toyota Strategic Analysis and Strategy Formulation - Research Paper Example Strategic Management: Toyota Strategic Analysis and Strategy Formulation First, the company’s global vision is to â€Å"lead the way to the future of mobility, enriching lives around the world with the safest and most responsible way of moving people† (Toyota-global.com 2011). Further, this vision is based on the commitment to quality, high innovativeness and respect for the earth. From the company’s vision, it is clear that Toyota seeks to be the industry leader way into the future. The company’s mission statement is â€Å"To sustain profitable growth by providing the best possible customer experience and dealer support†. The mission and vision statements reveal that the company’s current and future are pegged on sustainability, quality and customer satisfaction. The company’s range of guiding principles involve honouring the every nations law to be a true global corporate citizen, respecting customs and cultures around the globe, production of cleans and safe products, outstanding products through technology, fostering individual creativity and teamwork through an appropriately enabling corporate culture, harmonious growth with the global community and healthy cooperation with stakeholders. From these objectives, it can be discerned that Toyota seeks to remain within the law at all times, provide quality and safe products, respecting the environment and the community while balancing this with stakeholder interests. These principles also indicate the time-tested ethical inclination of Toyota; sustainable development and respect for environment and harmony in the company’s work environment. Internally, the company not only seeks to comply with all labor and employment laws and regulations but goes a step further and establishes a culture for its employees based on mutual trust and mutual responsibility (Toyota Motor Corporation 2006, p. 8). The company’s values are integral in attainment of its objectives as it seeks to fulfill its mission and drive towards the established vision. Internal Analysis of Toyota The review of Toyota’s internal resources will follow the format of first establishing the strengths of the company and then the weaknesses. This will then be followed by an analysis of Toyota’s product development and a value chain analysis of Toyota’s operations. Strength: Organisational- The â€Å"Toyota Way† Toyota has successfully implemented their widely recognized â€Å"Toyota Way† strategy in all its global business operations. This strategy is based on operational excellence through a 4-P model; philosophy, process, people and problem solving. Philosophy is anchored on long-term thinking; process on waste elimination; people on respect, growth and chall enge; and problem solving through the concept of continuous improvement. The resultant effect of this strategy is organizational performance excellence due to sustenance of high quality that not only attracts customers but also makes them loyal (Liker 2004, pp. 1-2). The â€Å"Toyota way† is a clear strategic strength since it is tailor-made for the company as evidenced by the fact that most of the other operational excellence strategies pursued by organizations around the world were developed from it, including the popular â€Å"