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Eli Lilly in India

In: Business and Management

Submitted By zrahman
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Strategic Planning for a Mature Mission
Complete one set of answers per group

Please answer each of the following questions as a group in 40 words or less, and submit your answers at the beginning of the class at which this will be discussed. In each question, you should compare your group’s current perceptions, beliefs and practices with those you had when you were planning the first year of the simulation. Each group should submit up to two pages.

1. How did your perception of the environment change?

Each hotel began operations with equal amount of start-up capital and resources. In first year, we were unprepared for ruinous competition and competitors’ fierce strategies. Now we are developing rigorous strategy to gradually improve overall performance and accomplish our goals.

2. How did your perception of the synergy of your real and simulated resources change?

People are now more actively and productively involved in the decision-making process as people started to know more about each other, and resources are now allocated more effectively on sales capacity and performance as each department manager are working together.

Now everyone is well acquainted with each other and more actively involved in the decision-making process. Resources are allocated more effectively on sales capacity and performances as each department manager are working together. Thus improving our Total Resource Effectiveness.

3. How and why did your values change?

4. How did your mission evolve?

5. How have the selection and perception of your goals changed?

6. How has the structure of your management group changed?

7. How have the modes of decision-making changed?

8. How have the frequency and methods of communication changed.

9. How have your practices to allocate resources (real and simulated) changed.

10. How have the human resource practices for your group members changed.

Instructions for the Second Report to Shareholders

Each group will have 7 minutes to present and explain its financial strategies for maximizing market capitalization for Years 4, 5 and especially 6. The report must therefore concentrate on the following: investments, share issuing, payment of dividends, taking on debt and repayment of debt, and acquisition of competitors (if applicable). Operational performance should be mentioned only briefly. Questions will follow the presentation.…...

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