Daripada kitab Ihya Ulumuddin karangan Imam Al-Ghazali iaitu :
1)SABAR MELAKUKAN KETAATAN
Istiqamah dalam perintah dan larangan Allah s.w.t. Firman-Nya di dalam surah Luqman ayat 17 yang bermaksud, "Wahai anakku dirikanlah sembahyang, suruhlah kepada kebaikan , tegahlah kemungkaran dan bersabarlah atas apa yang menimpa kamu.
2)SABAR MELAWAN MAKSIAT
Berjuang menolak tarikan kejahatan melalui hawa nafsu dan godaan syaitan. Allah s.w.t berfirman dalam surah al-Nazi'at , ayat 40-41 yang bermaksud , " Sesiapa yang takut keagungan Tuhannya dan dia menahan hawa nafsunya sesungguhnya syurgalah tempat kediamannya".
3)SABAR MENGHADAPI MUSIBAH
Dunia sebagai tempat Allah s.w.t menguji Iman hamba-Nya dengan berbagai bentuk musibah bagi membezakan yang berkualiti dengan tidak . Maksud firman Allah s.w.t. di dalam surah al-Ankabut ayat 1-2 yang bermaksud , " Apakah manusia menyangka mereka dibiarkan mendakwa beriman sedangkan mereka belum diuji (bagi membuktikan keimanan mereka )."
STRATEGIC MANAGEMENT
Monday 23 February 2015
Sunday 8 December 2013
Saturday 7 December 2013
MANAGING INTERNAL OPERATIONS
Assalamualaikum..
“ An
Angel watches over all your write. Make your writing meaningful, for it will
eventually return to you and you will be questioned about what you wrote”- Ali
ibn Abu Talib.
Today
I would like to share with you about the tools for promoting operating excellence.
There have included by 3 tools, which is Business Process Reengineering, Total
Quality Management and Six Sigma Quality Programs.
Business
Process Reengineering: involves radically redesigning and streamlining how an
activity is performed, with the intent of achieving quantum improvements in
performance.
It being used for cross-functional
teams, cutting-edge technology and information systems to reset and refocus the
organization’s strategy
Total
Quality Management: entails creating a total quality culture, involving managers
and employees at all levels, bent on continuously improving the performance of
every value chain activity. It’s a long-term race without
a finish in which success comes slowly in small steps forward (kaizen).
Six Sigma Quality Programs: utilize advanced statistical methods to
improved quality by reducing defects and variability in the performance of
business process. There are two
important of Six Sigma program, DMAIC and DMADV
DMAIC
; is improvement system for existing process falling below specification
and needing incremental improvement. The process (Define, Measure, Improve and
Control) whilst
DMADV;
is used to develop new process or products at Six Sigma quality levels and
the process are (Define, Measure, Analyze, Design and Verify).
Friday 6 December 2013
The Five Competitive Forces
Assalamualaikum. How
was your day?.. “my life may not be going the way I planned. But its going
exactly the way Allah has planned. Indeed Allah is a better planner, the guide.
So just keep praying.” Today I like to write some important thing that will
come out into my final exam that I missed to explain in my post. There is Five
Competitive Forces that included in chapter 3.This is actually one of
analytical tool that widely used to diagnosed the competitive condition in a
company’s industry. The character and strength of the competitive forces
operating in industry are never the same from with other industry. Far and away
the most powerful and widely used tool for diagnosing the principal competitive
pressure in a market.
The Five Competitive Forces which is :
ü Competition from rivals
sellers- pressures from other firms in the industry
ü Competition from potential
new entrants-pressures from the threat of entry of new rivals
ü Competition from producers
of substitute products-pressures from firms in other industries
ü Supplier bargaining power-pressures
stemming from supplier
ü Customer bargaining power-pressures
stemming from buyer
STRATEGIES FOR COMPETING IN INTERNATIONAL MARKETS
Assalamualaikum.
“Allah does not burden a soul beyond that it can bear…”{surah al-baqarah:286}.
Today I would like to explain about the Diamond of National Advantage which is
a part of this chapter. In order, to craft a strategy tp compete in one or more
countries of the world is inherently more complex for 5 reasons:
1 )Different
countries have different home-country advantage in different industries The
chart below show the diamond of national advantage and this is due to four sets
of factors that can be analyzed using Porter’s Diamond Framework of National
Competitive Advantage.
2)There
are location-based advantages to conducting particular value chain activities
in differ part of the world
3)Different
government policies, tax, rates, inflation rates, and other economic conditions
make the general business climate more favourable in some countries than in
others.
4)Companies
face risk due to adverse shifts in currency exchange rates when operating in
foreign markets.
5)Differences
in buyer tastes and preferences and present a challenge for companies
concerning customizing versus standardizing their product and services.
The important things from this framework are
about the drafting of important question about competing on an international
basis. There are a few questions that helps the organization to compete by
international rivals.
· # Predicting where new foreign entrants are likely to come from and their
strengths.
· # Highlighting foreign market opportunities where rivals are weakest.
· #Identifying the location-based advantages of conducting certain value
chain activities of the firm in particular country.
BLUE OCEAN
Assalamualaikum
to all. “Before you pointing to others lake sure your hand is clean”. Okay now
I to share with you about BLUE OCEAN. The blue-ocean is special kind of
defensive and it is market space, where the industry has not yet taken shape, with
no rivals and wide-open long-term growth and profit potential for a firm that
can create demand for new types of products. It concept is based on offer growth in
revenues and profits by discovering or inventing new industry segments that
create altogether new demand. There are example of organizations that practice
blue-oceans are:
THE FIVE GENERIC COMPETITIVE STRATEGIES
Asslamualaikum.. just wanna to share
something today.. “Everyone wants, happiness,.No one wants, pain, But you cannot
have a rainbow, without a little rain.” Okay let begin our sharing session. This par
is one of important part from chapter five which is THE FIVE GENERIC
COMPETITIVE STRATEGIES. As figure shown it is regarding on basis of competitive
advantage that provided in a company.
Low-cost provider : Striving to achieve
lower overall costs than rivals on products that attract a broad spectrum of
buyers
Broad differentiation : Differentiating the firm’s product offering
from rivals’ with attributes that appeal
to a broad spectrum of buyers.
Focused low- cost : Concentrating on a narrow price-sensitive buyer segment and on costs
to offer a lower-priced product.
Focused differentiation : Concentrating on a narrow buyer segment by
meeting specific tastes and requirements of niche members
Best cost provider : Giving customers more value for the money by offering upscale
product attributes at a lower cost than rivals.
TESCO :knowns as low cost provider and provide difference segment of product.It have involved the differ segmentation like age, demografic, gender and more into their plan of marketing.Example,as we can see, in the super market they have divided into several section of distribution of product as for different target market in order to deliver the product to who are needed. Like stationary section, the target market that who is potential to buy the product such student,teacher, businessman or else at the low price.
AIR ASIA : is the only one airline that have provide the flight ticket at the lowest price. Even it have provide the low price, but it still narrow or niche at the side of segmentation.Air asia have struggle to cut down their cost in order to provide the airline ticket at the lowest pricefor beat with other airlines.It also knwon as leadership of low cost.
IKEA : the company of IKEA have produced a stuff of furniture. It have designed variety of furniture from differ segment , from bedroom untill office structure. Even they have broadly segmention but they still focused on differentiation product. The raw material that have been used are from quality resources and definitely the price is higher .Even they have focused on differentiation product, they still capable in this market because they have rely on broad segmentation that gived golden oppurtunity to market the product.
PORSCHE : The strategy business that have used in their marketing is differentiation product.They have provide the narrow segmentation which is exclusive product for specific target market. The have only focused on differentiation product that must be exclusively and definitely no same at all to other rivals.
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