Financial Strategy Statistics Project Example | Topics and Well Written Essays - 3000 words

mo moolahary Strategy - Statistics Project ExampleLast year was a very challenging period for the gild as its total operating profit fell from 500 million (in 2004) to 302 million in 2005 1.The accompany has set as its mission 1 the delivery of great service and results finished its people and the achievement of lead in chosen foodservice markets. The basis for the achievement of the above target is the commitment towards the employees, the shareholders and the customers (Parnell, 2003). Moreover, the firm recognizes the need for high up levels of customer satisfaction which it aims to achieve through the extension of its activities and the development of its relationship with the client. Towards, this direction the use of mod strategic plans is been considered as a useful tool towards the increase of the companys performance on a long-run basis (Hodgetts et al., 2003).Historically 4 strategic decision analysis focused on the effects on individual firms decisions were grou nd solely on firm optimization criteria, such as return on investment and net present value. Increasingly, firms are recognizing that their internal strategic choices affect their suppliers and customers however, traditional firm profit-maximizing criteria (e.g., return on investment and net present value) often reject new and emerging technologies (Shank and Govindarajan, 1993)The firms strategy for the future has to be based on the effort to retain its place in its exertion while trying to warrant its level of development throughout the years (Winston, 2002). On the other hand, the chosen plan has to be in accordance not only with the markets current trends but also with the companys financial strength and its ability to do effectively in every issue appeared in the daily commercial transactions of the particular(prenominal) industry sector. The influence of particular elements has to be taken into account during the design of the corporate strategy for the future (Pritsker, 1 997).In order to estimate the effects of the firms strategy in the future we could use the strategic cost counseling framework as stated by Shank and Govindarajan which 2 demonstrate the strategic power of value chain analysis, i.e., linking outside(a) value creating activities all the way from basic raw materials, to component suppliers, and through to the ultimate end-use product delivered to the consumers. Moreover, the specific framework helps to examine how cost management and cost control must be differentiated depending on the strategic positioning chose by the firm, be it cost leadership or product differentiation 2.Relative securities industry positionCompass Group is - as always stated - a leading company in its area of operations. Moreover, the company is listed on the London Stock Exchange and is a member of FTSE100 1. In addition, as always stated above, the firm currently operates in over 90 countries around the world, an achievement that supports its actualisation as the leading company in the specific industry. On the other hand, the company has achieved to extend its activities through the establishment of a series of brands which currently dominate