Describe siemens corporate-level strategy

Assignment Help Business Management

Reference no: EM132121389

Read the Siemens case study located in the section titled Case Studies in your textbook concerning the following situation:

Siemens is a leading global electrical engineering and electronics firm headquartered in Munich, Germany. Profiling a highly-diversified company, this case addresses the issue of optimizing the business portfolio through a coherent corporate strategy. An in-depth look at the programs designed and implemented at Siemens to spur management innovation provides a unique opportunity to study an organization's efforts to facilitate the transfer corporate-level core competencies across business divisions in order to strengthen competitive position and performance.

The case opens with an introduction and a profile of the company. Management innovation activity at Siemens is then thoroughly reviewed, including the context, evolution, purpose, content, implementation, capability development, and performance measurement of the company's top+ program.

This case study demonstrates how the principles of strategic management apply to Siemens' structured and systematic approach to management innovation and business excellence. It also provides a framework for assessing the effectiveness of the company's corporate management tools and programs.

Describe Siemens' corporate-level strategy and characterize its level of diversification. Discuss the advantages and disadvantages of the company's matrix organizational structure. Does the organizational design effectively support the needs of Siemens' corporate-level strategy?
Describe how the company structured the top+ program. Who was responsible for oversight and coordination of the business excellence initiatives? How does the management innovation activity at Siemen's facilitate achievement of the company's corporate objectives?
Using a balanced scorecard framework, outline the financial and strategic organizational controls used by Siemens to drive management behavior and firm performance. Are the corporate criteria balanced? Are they yielding desired outcomes for the company?
Conduct a financial analysis using Siemens' financial performance results from 1998 to 2007 to assess the effectiveness or success of the top+ program. What recommendations would you make to improve either the design or implementation of the company's management innovation efforts?

Reference no: EM132121389

Questions Cloud

Step in the bounded rationality decision-making process : Which of the following is a step in the bounded rationality decision-making process?

Compare the theories behind juvenile sex offending : Each students answer to the question should be between 350 words.Post should include introduction, body and conclusion.

Think there are any vocations that should not unionize : In short, are you in favor of unions or are they a concept whose time has come and gone? Do you think there are any vocations that should not unionize?

Create a table based on the intelligence community structure : Create a table based on the intelligence community structure, and then determine priorities based on where you believe changes are needed.

Describe siemens corporate-level strategy : Describe Siemens' corporate-level strategy and characterize its level of diversification.

Means of internal communication within global organization : Discuss the advantages and limitations of using the Internet as a means of internal communication within a global organization.

Design and implement a database system : In this assignment, you are required to design and implement a database system for a given scenario, applying the methodologies and technologies

Participated in group that had good collaboration : Describe a time when you participated in a group that had good collaboration. How did this influence the amount of time required to complete the task?

What are decisions of information security and management : In terms of people, applications, data, and information systems. What are the decisions of information security and management must be informed.

User Account

All Pages