Examples of vertical integration in the following topics:
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- Generic examples of commonly selected strategic growth platforms include pursuit of specific and new product areas, entry into new distribution channels, vertical or horizontal integration, and new product development.
- Horizontal integration – The merger or acquisition of new business operations.
- An example of horizontal integration would be Apple entering the search-engine market or a new industry related to laptops and smartphones.
- Vertical integration – Integrating successive stages in the production and marketing process under the ownership or control of a single management organization.
- Distinguish between the varying integrations and diversifications that allow businesses to pursue strategic growth
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- The following motives are considered to improve financial performance: economy of scale, economy of scope, increased revenue or market share, cross-selling, synergy, taxation, geographical or other diversification, resource transfer, vertical integration, and hiring.
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- Transfers can be horizontal, between departments within an organization, or vertical, from one level in the organization to another, either up or down.
- It is useful to view promotions and demotions as vertical and transfers as horizontal (though they can be vertical as well, to a certain extent).
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- A hierarchy can link entities either directly or indirectly; it can also link entities either vertically or horizontally.
- Parts of the hierarchy that are not linked vertically to one another can be horizontally linked through a path by traveling up the hierarchy; this path eventually reaches a common direct or indirect superior and then travels down the hierarchy again.
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- Having access to upper management, and understanding the strategic motivations behind their decisions, plays an integral role in building top-down support organizationally.
- Recognizing what customers want and learning how to give it to them more effectively are integral to successful intrapreneurship.
- One useful way to integrate stakeholders and speak the language of upper management is to numerically demonstrate that a new idea is financially and strategically feasible.
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- Some refer to these functional areas as "silos"—entities that are vertical and disconnected from each other.
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- Product lines are managed horizontally and functions are managed vertically.
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- Conner (1998) identified six distinct leadership styles related to change: anti-change, rational, panacea, bolt-on, integrated, and continuous.
- The integrated leader - The integrated leader searches for ways to use the structure and discipline of what Harding and Rouse (2007) called "human due diligence" (the leadership practice of understanding the culture of an organization and the roles, capabilities, and attitudes of its people) as individual change projects are created and implemented.
- The concept is simply to combine, or integrate, human and cultural concerns with the strategy itself.
- When an organization is engaging in discontinuous, transformational change, however, integrated and continuous leadership styles are more appropriate .
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- While each of the key elements is a standalone component of the process, value is derived from the integration of the moving parts.
- Sensor - After determining a condition(s), managers must integrate the various communications and data collecting sensors that procure and pass information from the system to management.
- Implementor - Finally, after collecting data and comparing it with desired standards, an implementation strategy for alterations can be integrated into the existing process.
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- A strong culture is integral to long-term organizational sustainability and success, and one of management's primary responsibilities is to both define and communicate this sense of shared culture.
- The process of ingraining culture into an organization is simply one of communicating and integrating a broad cultural framework throughout the organizational process.
- Walmart uses Sam Walton's founding as a powerful myth to promote efficiency and the desire to try new things and integrate various products and services.