EXAM # 2 - Dunkin Brands Group, Inc. (DNKN) Research Paper

EXAM # 2 - Dunkin Brands Group, Inc. (DNKN) - Research Paper Example According to the firm’s 2013 Annual Report the specific strategy offers to the company the following advantage: being released from the costs related to the daily operations of its restaurants, the firm is able to emphasize on sectors that are critical for the business success, such as ‘menu innovation, marketing and franchisee support’ (2013 Annual Report, p. 1). The above strategy of Dunkin’ Brands Group can be characterized as an ‘Analyzer’ strategy (Daft 2010, p.71) since the following term is met: the firm keeps certain parts of its strategy stable, such as the use of franchise, while other parts are continuously updated; the continuous changes on the firm’s menu are examples of this practice. Moreover, the overall strategy of the firm can be characterized as aligned with the rules of geocentrism (Culpan 2002, p.51) since key the firm’s units worldwide are considered as part of an integrate business unit, even if the method o f franchise is employed by the firm for securing global expansion. The establishment of long-term objectives is a critical part of the strategic planning process (Lussier 2008, p.123). The long – term objectives have the following characteristic: the time required for their achievement can be long, usually more than a year (Lussier 2008). In the case of Dunkin’ Brands Group the increase of the number of the firm’s units worldwide can be considered as one of the firm’s long-term objectives (2013 Annual Report, p.2). The improvement of the firm’s ‘relationship with its franchisees’ (2013 Annual Report, p.2) is another key long-term objective of Dunkin’ Brands Group. The development of an effective business strategy can require different strategic tools; the organization chart is one of these tools. The organization chart shows the business units so that existing business infrastructure can fully support daily business operations (Karami 2007, p.163). Organization chart is quite valuable

Leadership Argument Essay Example | Topics and Well Written Essays - 1250 words

Leadership Argument - Essay Example There have been various types of leadership whose distinction is based on the resultant effects. While the major effects are those affecting the business and the affairs of the state, the overall impacts to the people makes the study of leadership imperative. Leadership has been described as a way through which things are done. However, a particular type of leadership can result into benefits to people or sometimes disadvantage them. In this case, people normally depend on the decisions made by the society and the other ruling authorities, such as governments. Some others like Tracy (2014) believes that leadership is more necessary and critical than before. The leadership that benefits the people must be under people who are visionary and courageous. Such leaders can chart new seas as well as break new grounds (Arvey, Rotundo, & Johnson, 2006). An effective leadership will definitely make the difference even in ordinary situations and in little things. This encompasses simple things like helping people work excellently and nicely. Normally, effective leadership is independent of the setting. Delivery will be based on the passion of the leader and the desire to impact the people around positively, irrespective of the level of dependency of the subordinates. Taking the example of a school setting, a good leader will instill the value to both the students and the teachers. Basically, leadership is not about being the boss but is about making positive impacts on the lives of others. It is, therefore, imperative that effective leadership characterize all aspects of the lives of people, both at individual and society levels. There are various aspects that make goods leadership (Bonnici, 2011). Leadership depends on the type and personality of the leader. While it is true that leaders are not born but made, it is also true that leadership a group does not depend fully on the influence of degree of power of the leader. First of all,