LAST POST

hi guys !! this is last entry.. this blog will be submit to my lecturer before this midnight..ahaaaa...

now i feel like to cry...because i can't write again...( feel bad ;( ) ahaaa..but i still have another blog.. so join me... :)

in this last post.. i will sharing what i have done in that week..

we're doing MBTI Personality test..this test are focus on the job scope that suitable to us.. this test need us to tell truth for help us in find our job scope after done our degree...if you lie, then you don't know what is your capabilities..

here the question :

after you have done this..you can recognize which of job scope you are suitable..maybe...

ahahhHAHAHAHHAHAHH

I ? only me keep it..hahahahhahahhahhahha..

for the last word from me..

thanks to Miss Ummi who is energized lecturer with cordless mike ( i don't know how to spell it.....ahahhahhaha) for giving knowledge and give to us chance in every task we do..

for Mdm Huda thanks for being my super duper sporting tutor.... sharing your experience & knowledge.. persevere with the noisy and the student who always talking nonsense.. AHAHHAHAHHAHA :)

gomawooooo..

wish for my friends : naaaaaa...dating with exam is just around the corner...tadaaaa...ready for it..fighting !!!!

InsyaAllah I'll see you again

thanks a lot :)

xoxxooxoxoxoxoox

cik yana boimen

   

Chapter 8: Corporate Strategy

Salam you guys.. :)

you know what? i have missed a chapter..it's about corporate strategy..ehehhehehehhhe.. sorry for the mistake ;)

i'll tell you a little about this chapter..about diversify,

A company is diversified when it is in two or more lines of business

Strategy-making in a diversified company is a bigger picture exercise than crafting a strategy for a single line-of-business

A diversified company needs a multi-industry, multi-business strategy

A strategic action plan must be developed for several different businesses competing in diverse industry environments..

there are 5 components of corporate strategy, which is :
- vision
-goals and objectives
-structure, systems and procedure
-make the corporation unique than other companies
-resources, effectively used and create value.

that's a little about it which i can understand..i need to study a lot to make me a better understanding

 thanks for reading
xoxoxoxooxoxox
cik yana boimen

what i learned? (cover chap 10 & 11)

ehhehhehhe...the topic is about strategic execution and managing internal operational

what interests me with this topic are about the point of reward and motivation..

Motivation

 is basis and a psychological feature that arouses an organism to act towards a desired goal and elicits, controls, and sustains certain goal-directed behaviours. It can be considered a driving force; a psychological one that compels or reinforces an action toward a desired goal. For example, hunger is a motivation that elicits a desire to eat. Motivation is the purpose or psychological cause of an action

REWARD

the word reward is a thing that given recognition of services, effort or achievement

as example : 

give reward to the employee who has give the best effort on doing his/her job.

on giving reward, it's related to motivate the employee in doing their task.

Motivation is a behaviour that you can influence but not create. Even highly motivated individuals can get frustrated, discouraged, or tired on a project. Team members need to know they are valued, their efforts are noticed, and their good work is appreciated. Remember that each employee is different and motivated or rewarded by different things.

The key is to be timely, creative, and authentic and that the motivation or reward matches the interests and goals of the employee, whenever possible.

this week we don't have tutorial class..but the class replaced with forum on line in GOALS..

HERE THE QUESTION  :)

 thanks for reading 

xoxoxoxoxox

cik yana boimen

warning! please take note

hi dearest..ahhaaa...hectic zone !! we've been warned..prepare your slide and speech..ehehhehehhe.. :)

no lecture

uhukkk uhukk..tadaa...I know everyone exited but please keep calm..kahkahkahkah.. this kind of feeling has been around since our primary school..atmosphere in the class change immediately..no need to spoken..outburst of noise..kahkahkahkahk you can imagine that..!

so, I'll just sharing about tutorial class situation...

I've never been yet stories about one of my lecture...we just call her mdm huda... she treat us like we are as her friend or maybe like siblings. we're happy with her..but sometimes when her angry come out!! everyone feel recoils..ahahahahha..beware of it!! don't make she angry..do study your case study or done your work that she gave you before you enter to her class..

this week we have done 2nd case study about piping hot-dog :

about this company :)

we taught how to used SWOT and TOWS strategy and a number of another strategy like porter 5 forces and etc.

we are also taught about how we can manage to come out the point from the case study.

we're using colourful sticky note :

ehehehhehehhehehhehehhhe

and your book will become like this..ahahhahahahhha

even more maybe.. :) try to do this things..

this was last 4 weeks before we end the last tutorial..everyone are in the hectic weeks..

presentation week, submit assignment and another assessment which not done yet.. uwaaaaa....

in the early semester..supposedly every task we get..need to completed immediately..but..

so....

thinking about it !! ahaaa... :)

thanks for reading...

xxoxooxoxoox

cik yana boimen

Oshima Sharing Session

Tuesday, 12 November 2013

Something new?ahaaaa... you see the name? Oshima... Actually it is a name of a restaurant who the owner is Pn. Asnidar Hanim Yusof with her husband. Owh, before that, the restaurant was at Shah Alam walk near to the Plaza Alam Sentral. This restaurant which provide Japanese food which the halal is surely guaranteed by JAKIM.

In this sharing session, Miss Ummi has bring the owner Pn. Asnidar who will shared about her and her husband experience in established the restaurant and the process along the growth of the restaurant. I'm impressed with Pn.Asnidar, because she actually is not from business study background but you know? she was study in engineering field. The spirit to jump into food industry is one of the challenging field. Although she need to take the risk of  close one of the branch restaurant, incurred a loss in a big amount of modal, but she take the challenge and now, the restaurant has give her a good returned.

Here is the SWOT of the restaurant. From this SWOT analysis, it figure some of the strength, opportunity that they have to enlarge their restaurant brand, weaknesses and the threat which they have been throughout the establishment of that restaurant.

STRENGTH
- Have Halal certificate from JAKIM
- Make home-made ingredient
- Have experience chef in Japanese food

WEAKNESSES
- Lack of studies in business
- Lack of promotion at mass media

OPPORTUNITY
- Have demand from the foreigner who stayed in Malaysia
- Have joint venture with the Japanese

THREAT
- Competitor from other Japanese food restaurant
- The supplier for raw material did not halal certificates because it too difficult

That is some of the SWOT that my friend has found from this Oshima restaurant.

psssttt...you do not need to bother how you can fly to Japan to get that japanese food. Oshima restaurant will give you the best food and services that allows you to satisfied.

You are welcome to experience the taste of Japanese food

chapter 6 : strengthening a company's competitive strategy

tadaaaa.. after few minutes i update the blog again..this things happen when we are running to the dateline to submit our assignment.... ( update 2 or 3 chapter in one day with just gap a few minute than update again and again until the chapter done) this assignment, i supposed to update blog every single what i have learned held, right after the class has ended.. (you know why?when the king of laziness has come....it's ruined everything..don't do as what i do !!) make you difficult in the future..

back to the topic :)

one point that i most remember is about blue ocean strategy.

which gives mean :

Blue ocean strategy generally refers to the creation by a company of a new, uncontested market space that makes competitors irrelevant and that creates new consumer value often while decreasing costs

blue ocean strategies is a good defensive strategies that can help to protect a competitive advantage but rarely are the basis for creating one.
on what i understand, blue ocean strategies is where something that is not there others who do like you do, there's no rivals and the industry have potential to earn more profit.

as example in Malaysia is :

This is a project 1Malaysia or 1Malaysia Training Center Training Center (1MTC) is an initiative inspired by the National Blue Ocean Strategy or National Blue Ocean Strategy (NBOS) under the initiative NBOS 7 on October 29, 2012. 1MTC project aims to optimize the use of all existing training facilities at the Institute for Public Training (ILA) and the Ministry of Government agencies have identified and assist the Government in making strategic decisions on the use of ILA.

for more information : http://www.1mtc.gov.my/Home/Utama/0/

thank's for reading

xoxoxoxooox

cik yana boimen

Chapter 5 : 5 Generic Competitive Strategies

ahaa...salam to all of you who enter into this blog..ehehhehhehe :)

now we will learn the 5 generic strategies that some companies used for achieving the competitive 

advantage..some of this strategies are work better in certain kind of industry and competitive conditions than others.

aha...there something that i want to shared..which is..

on that day..our lecturer has given task to us to answer the question by using hand-phone..when we reply..the answer will pop-out into the computer screen (everyone excited when their sms has shown in front of the class)..ehehhe..something that interesting to attract student but it a bit costly because we need to use credit to reply the answer.. and the system use different number to reply..not stick to one number. (but i have gain new knowledge from this activity :) )

nowadays we are on the generation that everything at the fingertip (i don't know.. is it true the phase that i use?)ehehhehehhhehhe have fun in your world of technology :)

thank's for reading.. 

xoxoxoxox

cik yana boimen

EVALUATING A COMPANY’S EXTERNAL ENVIRONMENT

Salam :)

sory for being late update about my study review :)

Now lets's read..ahahhhahahhahha :)

For this chapter 3 it have correlates with chapter 4.. This chapter learned about the strategically about firm's external environment, and in chapter 4 will learn about the internal environment.

There is a core concept that call macro-environment.

The major external and uncontrollable factors that influence an organization's decision making, and affect its performance and strategies. These factors include the economic factors; demographics; legal, political, and social conditions; technological changes; and natural forces.

Specific examples of macro environment influences include competitors changes in interest rates, changes in cultural tastes, disastrous weather, or government regulations.

another concept that use is PESTEL concept.

PESTEL analysis are focuses on the six principle components of strategic significance that related to macro-environment.

1. Political factors

2. Economics condition (local to worldwide)

3. Sociocultural forces

4. Technological factors

5. Environmental factors (the natural environment)

6. Legal/regulatory conditions

There 5 competitive forces

This is the factors that influence the competitive position of a company in an industry or market.

: competition from rival sellers

: competition from potential new entrants

: competition from producers of substitute products

: supplier bargaining power

: customer bargaining power

there are a few steps how to using the 5 forces model of competition

1: Identify the different party involved, and the specific factor that brings about competitive pressures

2: Evaluate how strong the pressures (strong, moderate, or weak)

3: Determine whether the strength is conducive to earn profit in the industry.

Last but not least is about Key success factors (KSFs)

KSFs are the strategy elements, product and service attributes, operational approaches resources and competitive capabilities that are essential to surviving and thriving in the industry.

A company's strategy is increasingly effective the more you provide from the competitive pressures and have strong position of firm in industry.

Introduction + week review :)

Salam,

hello and good morning/evening/night (whenever you read this friend) :) I'm happy and thankful to Allah for give me chance to breath and live in a good condition. For your information, I'm glad that now i have two blog already :)

follow me if you free : http://katakmontel.blogspot.com 

For this 2nd blog, I just sharing about what I get, learn and the atmosphere in my strategic management class. Before I go too far, telling you something nonsense, better I start with my diary :) I'm lovin' it !!

First,

I will tell you about my superduper active lecturer. you know why, over the past four semester, she's the one of the lecturer which use cordless. Her name is miss Ummi Salwa. She move independently up and down and make me cannot sit quietly (just because i'm afraid if i'm the one who questioned..ahahahahha :) weird !) but it was something good for me actually :)

Now, I tell you what i learn, after having a nice atmosphere in my first lecture last two weeks :) 

Miss Ummi have given us a task, which is each of group must build a tallest building in 30 minutes (if i'm not mistaken). After 30 minutes, each group send the prototype of the building in front of the hall lecture (roaring because most of the building collapse one by one..ahaaa.. :) ) . From this activity, what I learn in this activity is, even the company/organizations are in the top ranking, if the base (workers/subordinate organization) not in a line, it will drop, like a piece of paper when the wind blow.

Interesting and enjoyable :) miss Ummi has given good first impression to me :) i'm glad to having her as my lecturer for this subject.

For second week of the lecture, 

we have learned about the nature of strategic management, this first chapter, will know about the definition, the stages of strategic which have three stages; strategy formulation (start with develop vision and mission, determine SWOT, and etc.), strategy implementation (focuses on deciding business, allocate resources, what business to abandon and etc.), and last is strategy evaluation (in this stage, the company/organization will evaluate the performance). For second chapter, learned about the vision and mission. This two word are too important in each company/organization to know where the company will go, weather go up or down. (am I right?). For those who always confused to distinguish the word vision and mission, I'll tell you how to memorized the meaning of that word :)

vision  : what we want to be?

mission   : how can you implement to get your target/achieve your goal?

(hope it will help you)

ahaa...get it? I'm not telling you too detail, but I give you a little overview about this subject for the first. After this ( I mean when I update later) I will telling you more, InsyaAllah :) more picture to make the readers not bored... ( I more excited to tell you more about this subject :) )

thanx for reading my dearest darling intan payung :)

xxoxooxoxooxoxox

cik yana boimen