How to implement a new strategy Essay Example | Topics and Well Written Essays - 750 words

How to implement a new strategy - Essay Example In order to prove their point in their article, the authors present the analysis of two different companies, DuPont Engineering Polymers and the Royal Canadian Mounted Police. These companies â€Å"used the tools of balanced scorecard strategy management to guide the decentralized units in their search for local gain even as they identified ways for them to contribute to corporate wide objectives† (Kaplan and Norton). Quite a few things need to be taken into consideration when a company picks a management system. The authors feel that developing a management system with a balanced scorecard framework is the best way to start with a successful system. Three things should be considered when doing this; the customer perspective, the financial perspective, and the learning and growth perspective. Prioritizing is also important. Several companies have successfully benefited from this approach by picking three to five strategic themes in order to prioritize the different enterprises of the company. Collecting these strategic themes and ideas can help to give the company focus on what it needs to both work on and focus on when developing its strategy. Some important themes can focus around customers; for example, the need to lower cost for customers, the need to attract other customers that may be beneficial to the business, and ways to make relationships with customers even more important by cross-sell ing or providing them with other services that they may need. Executive teams will need to identify strategic initiatives that support each theme and make sure that the resources, mainly the money and the manpower, are there to support each initiative. Scorecard based systems can be very effective for companies. They can help to measure performance and link together goals within the company. These themes help the corporation focus on its goals and priorities. In order to demonstrate this, the article moves into giving

Chemistry Essay Example | Topics and Well Written Essays - 500 words

Chemistry - Essay Example Some toxins, such as mercury, persist in the environment and accumulate. Humans or animals often absorb them when they eat fish. Handling toxic waste carefully can prevent health dangers. Toxic waste incinerators, for example, often burn waste for energy, but this potentially releases toxic chemicals into the air. Household hazardous waste (HHW) is more than you think it is. What's been hiding in your garage or basement or under your kitchen sink can do serious damage to the environment. It can get into the water system. It can hurt plants, animals - and you. Recycling offers the next best solution to eliminating the use of toxic materials. Not only does recycling save companies money and time spent acquiring new materials, it also diverts waste away from disposal methods, such as burning, that could potentially leak toxins into the ground and air. Toxic waste, like used motor oil for example, often contains metallic debris that you can easily reclaim through filtration. Ultimately, humanity needs to curb its use of products with toxic chemicals to minimize their potential hazards. Go green... Save the Earth... Recycle waste; these kind of environmental slogans have been used for decades but one only pays heed to it when he/she comes to terms with or can relate to it. Earth is our home, our playground, our future.