Management Strategy and Policy Research Paper Example | Topics and Well Written Essays - 2000 words

Management Strategy and Policy - Research Paper Example The external environment can be analyzed with the aid of tools likes Porter’s Five forces. After analyzing the environment using Porter’s, effective strategies can be formulated. Also, EMAAR’s strengths, weaknesses, competition, opportunities and in particular competitive advantages, also need to be focused while coming up with strong strategies. Thus, the focus will be on strategy development in EMAAR group, starting with a background about the company, then Porter’s Five Forces analysis of its external environment, followed by the focus on its competitive advantages and finally coming up with strategies in key areas which will help it to achieve optimum competence. UAE based Emaar Properties is a Public Joint Stock Company (PJSC) focusing on property development as well as lifestyles related services. Established in 1997, it has grown to become one of the largest property developers in the whole of Middle-East Asia. (â€Å"About Emaar†). It became a PJSC in 2007, after Dubai government garnered around 32% equity stake in Emaar, by exchanging with sizable prime land. Although, its prime focus is property development, it has over 60 companies under its wings, with each company operating in different business sectors, offering varied services including in the sectors like hospitality & leisure, shopping malls, healthcare, education and financial services. (â€Å"Board of Directors†). Apart from its main operations in UAE, EMAAR has expanded geographically doing projects and offering services in many key Asian countries like Saudi Arabia, India, Syria, Pakistan, etc., African countries like Egypt, Morocco, etc., as well as United Sta tes and Canada. It has developed some of the globally well-known and prominent landmarks of UAE. The list includes Downtown Dubai, â€Å"the 500-acre mega-project, home of Burj Khalifa – the world’s tallest building which features the world’s first Armani Hotel Dubai and the world’s

Improvements to Ethical Corporate Evaluation Assignment

Improvements to Ethical Corporate Evaluation - Assignment Example I would also define the standards of procedures that are to be used in the corporate compliance program (Hasnas 54). They could range anywhere from the code of ethics to the internal controls for prime risk areas. A quicker response to problems that border the element of criminal conduct should be implemented as well as instituting limitations in order to prevent parallel occurrences. 2. Fraud: this is using individual influence to get away with the property of another individual. Fraudulent cases often involve the deception of clients into investing their money into places where it will not return. 3. Cheating: as per the term, this element involves an individual or company making false statements to the intended client in order to get them to invest their money in their businesses. Many fortune 500 company officials are in jail for cheating. 4. Violation of workers’ rights: this is an issue that has been noticed in a majority of companies. This happens when the employees in a company are treated unfairly in a manner that is not in accordance with the rules and regulations of the company. 5. Ignoring health, safety, and environmental issues: this is a major ethical issue that has to be addressed. These conditions could result in injury or causing sickness to one or more of the employees working in an area which has not had its health, safety, and environmental issues checked. 6. Labor conditions: some of the issues affecting labor conditions are the employment of child laborers. This is an ethical problem that goes beyond the humanitarian bracket. Use of child laborers id unethical and is punishable by law. 7. Corruption: this is an ethical concern that has been constantly addressed, but has failed to heed the call. Corruption involves the taking part in unlawful business dealings that often includes the aspect of bribery to facilitate the execution of a business deal.