Key Issues in the Development E-Business Strategies Relating To the Essay

Key Issues in the Development E-Business Strategies Relating To the Education Sector in UK - Essay Example The researcher states that an internal audit and competitor analysis would help evaluate the stand that Conde Nast has taken. This can be through SWOT analysis and Porter’s Five Forces Analysis. SWOT analysis reveals the internal strengths and weakness which helps the organization evaluate the opportunities that the market presents. It also makes the organization cognizant of its weaknesses which can help it revise its strategy. Enjoys excellent reputation and authority of the brand which puts them in a strong position to teach and inspire the fashion and decorating talent of the future. The college principal designate is the editor of Easy Living and has been the deputy editor of Vogue for five years. The editor-turned teacher would be a valuable connection for the students as they would receive practical knowledge of the industry. Because of their links with the fashion world, they would be able to offer unique insights into the industry. The group creates and develops lifes tyle and business brands online. They have a stronghold in the fashion industry. They also have online and e-commerce experience because of their base unit – publishing. Conde Nast has no prior experience in the field of education. A major lifestyle and publishing house getting into education is something that may not be very attractive to the prospective students/fashion designers. The editor, named as the Principal, has no teaching experience. They may have problems securing internships for their students because of lack of educational background and especially in the field of fashion. They have yet to find a director with experience in the field to run the school. They have been losing revenue in their publishing as there has been a shift from traditional advertising to digital advertising. They need to have collaboration with a University of repute to be able to award degrees. They intend to offer a ten-week intensive course as well as a one-year fashion foundation course . By using the editors as teachers the Group also ensures they get the designs they want to feature in their magazine.

Leadership & Entrepreneurship Essay Example | Topics and Well Written Essays - 1500 words

Leadership & Entrepreneurship - Essay Example But why do businesses really fail? Is it in the poor leadership skills of the manager? Or is it in the poor marketing forecasts? Business strategies that have worked decades ago may need to be reviewed for their effectiveness in an organization. With the present ever changing times, if a leader cannot adapt to change thinking that his business style which has worked for many years is enough, he may lose to competition (Sharp 1991). A degree in Business Management or Marketing can help entrepreneurs develop business or marketing strategies that can ensure the survival of businesses in today’s business world. These degrees can also help in the development of leadership skills that can make or break small to medium enterprises. But why is it important to acquire education or knowledge of management to become an effective entrepreneur? This relationship of leadership and entrepreneurship will be thoroughly discussed in the paper, giving implications of leadership in the development of an effective business enterprise. Also a comparison between two SME companies will be provided to serve as evidential examples for the analysis of the effect of leadership and its role in the entrepreneurial world. Likewise, the paper will discuss the close relationship of good governance in terms of profitability for sustainable businesses. The theories that may be applied and the possible errors that some leaders may commit that lead to the downfall of their businesses (Finch, 2003). The development and growth of the economy relies heavily on the sustainability of the entrepreneurial activities encompassing small, medium and large businesses. As such, developing economies look at entrepreneurship as a vital factor for its continued growth (Asel, 200). In lieu of the importance of entrepreneurship to economy, the role of leadership is also perceived otherwise as equally essential to the significance of entrepreneurship in building a sustainable