Strategy and Performance Management at DSM Melamine

Key Processes that DSM Needs to Provide Based on the stages from performance management process, DSM Melamine will need to provide a number of key processes in its system in order to link its key success factors successfully. The first stage will be the process called ‘Local for local’ players (Cockins, 2009).Advertising We will write a custom case study sample on Strategy and Performance Management at DSM Melamine specifically for you for only $16.05 $11/page Learn More In this process, DSM will make an effort to ensure that its local customers, especially in Europe are given high quality products that would meet their expectations. The rationale for this process is to win the customers’ loyalty. The local for local players shifts the attention of this firm from the international focus to local focus. By producing local for the locals, there will be an extra attention on the local needs, making it easy to produce custom-made products . The products will be very specific in the needs they should address.  The second process will be the merchant players. Unlike in the first process that focused on the regional market, this process focuses on the global market (Bloemho, 2004). DSM Melamine is in the global market and it has the responsibility of defending its international operations. In this process, the focus will be on the low cost and security of sales. When operating globally, the low cost will be justified when DSM will be coordinating with merchants that help in breaking the bulk. These merchants prefer low-priced products because they also need to make profits. Their success is based on how fairly-priced the products of DSM are in the market. The success of DSM relies on how successful these merchants are in their operations. When the merchants are successful, it will be expected that DSM will also be successful. This will lead to the security of sales. When the merchants realize that they get more profit s by selling products of DSM than for any other firm, then they will become regular clients of DSM, thereby securing its sales. Business Strategies to Performance Measurement In order to determine the manner in which DSM Melamine has aligned its business strategies to performance measures, it will be necessary to identify the main value drivers. In this paper, the three main drivers that will be used include unit production cost, production volume, and sales volume. This firm has realized that the best way of remaining competitive is to align its strategies to the performance measures. Using the first driver of the unit production cost, DSM has introduced CTP (Capacity to Produce) strategy. In this strategy, the firm uses specific measurements to determine the capacity of various departments or systems in addressing various tasks in order to determine how the cost can be scaled down per unit item.Advertising Looking for case study on business economics? Let's see if we can hel p you! Get your first paper with 15% OFF Learn More Using the second driver of production volume, DSM has been focusing on the new technology to support its mass production. The firm is always under pressure to meet the massive global demands for its products. The performance measurement in this case is the amount of products that can come out of the manufacturing plants per unit time (Waal, 2013). To align its strategies to this performance measure, the management realized that it had to refocus on the emerging technologies as the best solution to this problem. Using the third measure of sales volume, the firm has been redefining its marketing and supply chain strategies. In an effort to increase its sales, this firm has considered using merchants instead of selling its products directly in the global market. The aim of this measure is to increase sales. The management realized that it was taking too long to learn about the market forces and sell its own products in the in ternational markets. Passing this responsibility to large merchants made it possible for this firm to focus only on the production and transportation of the products. This alliance with the merchants increased the sales of this firm. Critique of DSM’s Competitive Advantage In order to conduct a critique of DSM’s competitive advantage, it will be necessary to use assessment points discussed by Smither and London (2009). It is necessary to critique DSM’s competitive advantage using three assessment points. The first point is performance management training evaluation. Although the large size of DSM’s workforce may be considered a competitive advantage over other firms, it also has challenges when it comes to the performance management, training and evaluation. To manage a large workforce will require more resources. The same challenge is also witnessed when it comes to training and evaluating their performance within the firm. The second assessment point is the individual precursors (time 1). DSM may experience challenges in influencing its employees to be receptive to change. The large number of employees at this firm makes the workplace highly diversified. This means that finding a common ground in such an environment is very challenging. The third assessment point is the individual and departmental evaluation. DSM has many departments that have enabled it to manage the global needs. However, it would require more resources, in terms of finances, human resource, and time, to conduct a successful evaluation of the individual and departmental performance. The management will need to develop a strategy that will help eliminate these challenges.Advertising We will write a custom case study sample on Strategy and Performance Management at DSM Melamine specifically for you for only $16.05 $11/page Learn More References Bloemho, M. (2004). Strategy and Performance Management at DSM. INSEAD 1(5165), 1-30. Cocki ns, G. (2009). Performance Management: Integrating Strategy Execution, Methodologies, Risks, and Analytics. Ney Jersey: Wiley. Smither, J. London, M. (2009). Performance Management: Putting Research into action. New Jersey: Wiley Sons. Waal, A. (2013). Strategic performance management: A managerial and behavioural approach. New York: Cengage. 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The Argument About Research Papers Writing

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Three Class 3 CBE Board Essay Topics That Students Should Care About

Three Class 3 CBE Board Essay Topics That Students Should Care AboutStudents interested in writing a class 3 CSE Board Exam Essay should consider the following three essay topics to help them make an outstanding academic paper. Topics of this type are excellent because they require students to put their writing skills to the test and allow them to write about a subject they have been studying throughout their entire educational career.The first topic is Hindi. With the history of Hindi films and TV shows, students will have to create a decent outline to answer questions about the language and its relationship to Hindi film, television and literature. When students feel confident in their ability to do this, they can then move on to the second topic of South Asian religions and their contribution to Hindi literature.The second topic of Hindi requires students to demonstrate their knowledge of the language by producing a good sample of prose or verse. Students can also research some fa cts about Hindi history and share it with their classmates to create a different topic for their essay. However, students should remember that there are no hard and fast rules when it comes to brainstorming.The third topic requires a good grasp of their writing skills. When students have practiced their writing skills and written samples, they can then create an essay that is unique and makes use of a variety of ideas to support a thesis. Students should therefore be cautious about creating too many ideas, since this may result in a monotonous paper.Fourth Indian women. This is one of the more advanced essays that students can write in this course. Students should therefore have knowledge about the various historical and cultural perspectives of the Indian woman and her role in society.Finally, topics on a topic can easily be considered as 'topics' of class 3 CBEessay topics. Students should therefore spend some time researching on the theme of their essay and create a decent thesis . When students do this well, they can create a superior paper that provides strong support for their arguments and thus allows them to show how informed they are in relation to their topic.If a student's knowledge of the topic is weak, they should still be able to write an excellent paper. For example, they may be researching on the origin of the word cricket and how it became a part of our lives. If they find a credible source for the subject matter, they should be able to write a logical and well-structured essay.Students interested in writing a class 3 CBE Exam Essay should spend some time looking around the internet for various resources that offer students advice and guidance on this topic. This way, they can ensure that they have a solid understanding of the topic before they start writing.

The Upside to College Confidential Southern California Essay

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Audit Sample - Essay Writing Tools

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