Reward and Performance Integration with undergrad template.pptVIP

Reward and Performance Vertical and horizontal integration What is vertical and Horizontal integration? Vertical fit – Business strategy flows through the organisation Horizontal integration- all departments and employees following the same policies and procedures Achieving organisational goals and objectives Examples of business strategy The Group’s strategy is to focus on its two core business activities of pharmacy-led health and beauty retailing and pharmaceutical wholesaling and distribution, while increasingly developing and internationalising our product brands to create a third dimension. Our strategy includes growing our core businesses in existing markets, continuing to deliver productivity improvements and other cost savings, pursuing growth opportunities in selective new high growth markets and launching our product brands in new markets. This strategy is underpinned by our continued focus on patient/customer needs and service, selective partnerships and our strong financial disciplines. (Boots) Examples of business strategy McDonalds brand mission is to be our customers favourite place and way to eat. Our worldwide operations have been aligned around a global strategy called the Plan to Win centering on the five basics of an exceptional customer experience – People, Products, Place, Price and Promotion. We are committed to improving our operations and enhancing our customers experience. Examples of business strategy Tesco has a well-established and consistent strategy for growth, which has allowed us to strengthen our core UK business and drive expansion into new markets. The rationale for the strategy is to broaden the scope of the business to enable it to deliver strong sustainable long-term growth by following the customer into large expanding markets at home – such as financial services, non-food and telecoms – and new markets abroad, initially in Central Europe and Asia, and?more recently?in the United States. The strategy to di