STRATEGIC DECESION MAKING AND THE IMPORTANCE OF FINANCIAL AND NON-FINACIAL INFORMATION Contents Executive Summary 1 1 Introduction to John Keells and its Leisure Business 2 1.1 Leisure Sector Financial profile for the financial year 2011/2012 4 1.2 Nonfinancial information 5 2 Literature Review 8 3 Financial Analysis and Strategic Decision Making Process 11 3.1 Strategic Decision making process and Analysis involved 11 3.2 The financial and non-financial analysis of JKH Leisure sector 12 4 Evaluation and Synthesis of Decision Making Process 16 5 Conclusions and Recommendations 18 6 Post Report Reflection 19 References 20 Annexures 21 Executive Summary …show more content…
JKH Corporate Vision Building businesses that are leaders in the region. Values • Innovation - Changing constantly, re-inventing and evolving • Integrity - Doing the right things always • Excellence - Constantly raising the bar • Caring - Fostering a great place to work • Trust - Building strong relationships based on openness and trust Group Share Information *Adjusted for the sub-division and repurchase of shares Source: JKH annual Report 2011/2012 1.1 Leisure Sector Financial profile for the financial year 2011/2012 Key Indicators 1. For associate companies the capital employed is representative of the Group’s equity investment in these companies 2. No of employees and EBIT per employee are excluding the employees of associate companies 3. Carbon footprint is calculated excluding associate companies Source: Management Analysis and Discussion 2011/2012 Leisure sector contribution to JKH Group Source: Management Analysis and Discussion 2011/2012 According the graph above 20% of the revenue is being generated presently by the leisure sector. In terms of the composition, the Leisure sector is the primary contributor with 33% of EBIT as result of the improved profitability. Group Capital Assets and Liquidity Source: JKH annual Report 2011/2012 Group Economic value added Source: JKH Group highlights 2011/2012 1.2 Nonfinancial
And finally a quarterly report will be prepared to compare the forecasted with the actual results.
The industry setting is modeled to closely approximate the real-world character of the globally competitive
5. How material are assets acquired under capital leases in relation to total property and equipment?
-The costs which can be borne, and the investment required to compete in the industry.
Many organizations are working with large amounts of data and important information that can be detrimental to the survival of their business, and organizations typically rely on information systems to manage and carry out their operations. Information systems can be described as an integrated set of components used for storing, collecting and processing data for providing information, digital products and knowledge (IMGI, 2006). For this paper, the strategic analysis decisions along with what we may need to watch out for pertaining URL for the IT field is discussed, along with the impact that these decisions will have on the company. Furthermore, the potential changes in IT related to innovation and organizational process is also reviewed,
The Importance of Understanding and Interpreting Leisure Trends and Forecasts for Leisure Managers, and Provide Examples of Their Use
We were all on different levels when it came to bringing ideas to meetings. For example;
3. Develop strategies at below mentioned various levels of organization to gain competitive advantages and sustainability for a new business that you suggest Countdown NZ supermarket to develop. (16marks)
Garmin follows a first mover, differentiation strategy. Through heavy investment in research and development they are able to develop new products that users perceive as more valuable and are willing to pay a premium for. The first mover aspect is most easily observed in their aviation division where they have received numerous awards as well as FAA certifications for being the first to market with new and innovative products (Feather, 2010).
Group Capital is a registered broker-dealer with Financial Industry Regulatory Authority and the Securities (FINRA) and Exchange Commission (SEC) in Clarks Summit, Pennsylvania. Licensed to conduct securities business in fifty states and the surrounding territories, Group Capital provides accredited investors the opportunity to purchase shares of private companies employing equity-based crowdfunding. Founded in 2013, they anticipate disrupting the method small enterprises access capital using the Jumpstart Our Business Startups Act.
I have advanced research skills, demonstrated by the body of research I have contributed to over the course of my Honours thesis and my Masters. I have developed upon existing areas of research, such as when I applied existing theories and models of strategic intelligence to a new context - that of the late Roman Empire. This required knowledge of the overall research direction of the field of strategic intelligence, as well as am understanding of existing gaps in research. I took modern conceptions of intelligence practices and models used them to explore how the late Roman Empire performed intelligence work and if there were any implications for the modern world, particularly in reference to area control and strategic security. This project expanded on and contributed to the overall direction of the field in a unique manner.
The business environment is continuously evolving with the integration of new management trends developed to create opportunity and respond to various challenges. However, with the unpredictability of the business environment which is driven mainly by globalization and technology, innovation turned out to be increasingly critical to success. It means that innovation and strategy are converging to help in productivity. Innovation has the potential to change the agents within an organization to become better entrepreneurs to meet various challenges. Strategic thinking is crucial in creating a coherent, integrative and unifying framework for making decisions particular regarding the direction in which an organization goes and the resources it plans to utilize (Goldsmith, 2009).
Randstad has a few distinct items including staffing, in house administrations, proficient administrations, and HR Arrangements. The most elevated income classification incorporates staffing and HR arrangements. HR arrangements is separated into an extensive variety of administrations which incorporate finance administrations, RPO, MSP, Outsourcing, and Outplacement. HR Arrangements is settled in the Unified States and the Netherlands, yet there is space to develop the HR Arrangements division in other geological areas ("Yearly Report 2016", 2017). The staffing administration incorporates customers in the mechanical (hands on) section and also the regulatory (salaried) fragment. A great
Equity capital refers to capital accrued by the business upon subtracting debts owed by the business. These forms of capital include stock and excess earnings. This form of capital is availed by investors interested in form part of such businesses. Venture capital, on the other hand, refers to the made available for investment for new businesses by potential investors who to form part of the economic activity. The venture capital includes corporate as well as individual accrued capital for investment. These forms of capital are used to differentiate investors based on their
Through different studies on evaluating people’s financial management, it is easy to find that financial knowledge produce significant effects on the effectiveness of people’s financial behaviors. On the one hand, the level of people’s financial knowledge will affect their financial investment and financial management. Chen and Volpe surveyed 924 college students to examine their financial literacy and the relationship between financial literacy and student’s characteristics. They found that the level of personal financial literacy could affect the students’ personal perspective of finance and further influence their financial decisions. According to their study, college students with less financial knowledge had negative opinions about financial management, and they were more potential to make inefficient financial decisions. The low level of college students’ financial knowledge limited their abilities to make effective financial choices (Chen and Volpe, 1998).