Electric and Music industries limited Essay Example for Free

Electric and Music industries limited Essay â€Å"EMI† or Electric and Music industries limited is a British music company founded in 1931 as a result of a giant merger of two companies namely the UK Columbia Graphophone company and Gramophone company. Initially it was involved in manufacture of recording and playback equipment and provision of music to play in its machines. EMI Group Plc comprises two major companies i. e. EMI music based in Kensington, London England and EMI publishing based in New York. EMI is one of the four music companies in the world. The other three are Sony BMG, Warner group, and Universal music group. As we shall see Terra Firma, capital partners now own EMI since august 2007. This change of ownership was because of drastic decline in sales and a huge loss to the tune of 2000 million pounds in 2006/20007 financial year (http://www. businessweek. com/magazine/content/03_06/b3819058. htm? chan=search). This transition saw several artists walk out of EMI including Radio head, Sir Paul McCartney among others. The takeover also saw Guyhands, the new owner bring in new restructuring policies to reduce the labor costs by two hundred pounds. This was to be achieved by cutting up to two hundred workers out of the 5000 plus EMI labor force (http://www. cornerc. com/emi. htm). Initially EMI majored in the manufacture of gramophones, which went on successfully for a period of 40 years. However, during and after the world war two they ventured in the manufacture of radar equipment and guided missiles. They later began to manufacture broadcasting equipments with BBC being their main customers. They employed skilled engineers an example such was Godfreys Hounsefield who came up with the first scanning machine, used in medical imaging. EMI’s strategic choices Although EMI was established along time ago, an indicator that it had cut itself a niche in the music production industry, it had to come up with regular strategies to maintain its position in the market. This was also necessary to stay in level with its business rival e. g. Warner music group and others. In any business, it is mandatory that to acquire a large market share a manufacturer must produce quality products. This aspect of quality is what customers look for and therefore EMI embarked on producing quality and efficient products through the employment of skilled work force such as engineers. For instance the re skilled and able engineers who made sure that quality and efficiency was not compromised. Another very important tool EMI used to edge out its competitors was by signing contracts with popular artists. It roster of artists included both local and international artists who releases new albums every now and then. These regular releases helped EMI to offer its customers a wide rage of music choices. Emi continued investing heavily in the very best song writing standards across the world. Local artists included the Beetle Boys, Nora Jones. Lenny Krawtz, among others while artists from other regions included Japan’s Noriyoku Matiara, Latin American’s Marissa Monte, continental Europe’s Raffael, Diam among many others. These best talents enabled EMI to maximize all potential revenue opportunities. Due to hypercompetitive nature of the music industry, EMI has always been on the look out to remain executive in the industry. This, they have achieved by making systematic decisions, monitoring the decision effects, and adjusting where necessary. EMI’s fast, efficient and flexible business intelligence team draws these strategies. Through this intelligence team, EMI was able to embark on facilitating a new architecture for selling its products. They engaged an IT firm, Avanade who successfully designed a web services solution. This new architecture helped EMI to take advantage of unique interactive marketing opportunities, which offered a competitive advantage when signing new artists. EMI has also labored tirelessly in creation of new products, formats, channels, and new partnerships as a real competitive tool over its rivals. For instance, EMI diversified its distribution channels by introducing digital online selling. This has supplemented the physical selling method. As expected, this online selling has helped to cut the costs of shipping, and offered value to its customers’ dollars. Another competitive advantage of this method is that it’s dynamic, secure, and it’s flexible for easy extension to new E-commerce business technology initiative (http://www. avanade. com/customers/casestudy. aspx? id=39). EMI has also focused on creating of very attractive music content and making it available where consumers want it, when they need it, and in the format, they want it. This has helped them to maximize the demands for its artist works. Of more importance is the diversification of its product range, which has been a routine exercise as part of their business products. New corporate partnerships have been created and therefore making EMI’s music available in more than 56 countries. However, this market diversification has posed a greater challenge due to sprouting of both physical and digital piracy. However, through a series of successful legal suits the company has made progress in combating unscrupulous pirates. Another tool EMI continues to use in order to broaden its international market is by establishing right relationships on the right terms. This has made them to be in the fore front of the music industry and there fore exploiting new products and possibilities that digital technologies brings e. g. this innovative digital approach, saw EMI music produce the first ever album available on i-tunes. An indicator of how EMI music is exploiting new opportunities that digital technologies brings (http://billboard. blogs. com/billboardpostplay/2005/06/sales_and_marke. html) . Through these digital innovations, EMI music has therefore ventured in a wide geographical region with ventures in N. America, Japan, Continental Europe, Latin America, Australia, and in S. East Asia. In all this regions EMI music has entered into joint ventures with local companies, making its products to be widely accepted by the locals, a phenomenon, which could have been the other way if EMI music decided to go on its own. These international ventures have been successful because British had many colonies across the globe. Therefore, it has been easy to market EM products in the common wealth countries (http://www. ybase. com/detail? id=1025595). EMI limited is now one of the four leading companies after Universal music group, Warner music group and Sony BMG. Therefore, measures to protect it and make it sustainable strong in the music industry market have to be arrived at. His measures are not only purely for protection but also for building the company further. An example of such measure was EMI’s bold proposal move to buy its music rival Warner group. EMI argued that this move will not only cut down the cost of unnecessary competition but also will add value to the company share value in the London stock exchange market. Warner on its side did not take the proposal positively. EMI has also invested hugely on intensive marketing and promotion through collaboration with mobile phone manufacturers e. g. T-mobile which uses EMI music as its ring tunes. In addition, EMI music has entered into contracts with advertisers and media houses as a way of diversifying its revenue opportunities. Another milestone EMI has achieved in protecting its market share is by proper use of copyrights and hence reducing piracy. Critical success factors In order to achieve all the above strategies and objectives, EMI had to come up with a series of practices. These practices, which are in other words referred to as critical success factors, included the following; developing a distinctive approach towards its list of artists, which are its main assets. Also making consistence investment in artists with long-term carrier potential and maximizing its local and global sales. Another factor was getting in partnership with willing music companies across the world. This approach was seen as the only way EMI products would be readily accepted by customers globally. From EMI’s financial and performance data, it is evident that to some extend they achieved these success strategies. This is clearly shown by the number of business ventures it entered into the globe e. g. in Asia, Australia, North and South America among many other places. In addition, the roster of artists affiliated to EMI speaks volumes about this. It s evident then that EMI’s strategies and objectives were very much appropriate initially. This is the reason as to why EMI has been successful for a very long period. The strategies were in line with its resources and capabilities. EMI’s recourses and capabilities It is evident that the long term EMI’s success did not just come on a silver platter, it was occasioned by; intensive investment of capital, intensive marketing and promotion, tireless efforts by its skilled and able workers, regular releasing of albums by its long roster of artists, and lastly prevailing peace and stability in many countries it ventured into. To begin with, the main asset towards the support of EMI’s strategies was their large numbers of artists who were blessed with immense real musical talent. These artists released new hits every now and then and therefore this made EMI to be constantly in business, hence its expansion to overseas market. EMI being a company that started back before the start of the world war two stands a better chance in terms of competitive advantage from its rivals. This is so because its long time presence in music production industry makes it to have built a reputation with new and old artists. Long time presence in music industry makes it to be popular with its customers and therefore its volume of sales have always been high until lately when it started making losses. To satisfy its customer s demand as we saw earlier EMI achieved this by investing heavily in new technology whereby new brands of products were released every now and then. This new technology was achieved through EMI’s large workforce of able and skilled technicians. EMI group have two branches i. e. EMI music, and EMI publishing though they are very much separate from one another as its normal in music industry. These two branches have contributed a lot in making EMI what it is today. This is so because they supplement one another in that, the publisher branch publishes and records musical tracks while the music branch offers distribution and marketing services and thus EMI managed to sail successfully in its business endeavors. Its variety of branches also gave its customers a wide choice of products. These brands included music packaged in physical devices like disks and music digitally delivered to customers online. The above recourses and capabilities and many more others are what made EMI to be strategically capable in edging out its rivals, business wise. An evaluation of EMI’s current strategies Today the company being under the ownership of Terra Firma it has to make new strategies as one of the core actions in its efforts of regaining its lost glory. An example of these strategies is the labor force down sizing which its new owner, Mr. Guy Hands, brought in. Literally, this strategy will mean that a quite number of workers will face the axe. Its suitability therefore is wanting, because it will be contracting the company’s initial policies since quite a number of sectors of production will remain understaffed. All the same, it is worthy the cause since in the end expenses will shoot down and the saved funds channeled towards the main objective of reviving the once renowned music powerhouse (http://helium. com. tm/494190/music-industry-dying-painful). By looking at EMI’s business environment it not clear whether it will regain its lost market share. This is because the take over by terra firma was worsened by the walking away of some of it’s of long time artists therefore it will be difficult to win the back. It can also be argued that Mr. Guy Hands strategy was not in good faith because may be his main intention was to come up with a plan that will see him recover his money he paid for the takeover deal (http:www. whatmakesagoodleader. com/Porters-five-forces. html). In terms of feasibility, which is concerned with whether the strategy is implemental it can be said that cutting the labor force although easy to implement can be of no consequence when it comes to regaining its lost market share. This so because when some of EMI’s artists left, they obviously signed contracts with other music companies, which are probably its three major rivals and therefore increasing the level of competition. Basing this argument on competition, cutting the number of employees will not bring down the level of competition. Again, EMI badly needs the services of some of its experienced workers to turn around the situation facing it. For instance, EMI needs the services of IT technicians to bring new and fresh technological ideas to gain that competitive advantage over its three main rivals. It is in order that the money which were to be paid to the retrenched workers will be invested in researching for more technology, but in real sense new technologies mean more labor force to work on it (http://www1. ximb. ac. in/users/fac/dpdash/dpdash. nsf/pages/BP_Evaluation). On acceptability of this strategy, it remains to be seen because now EMI has been faced with financial constraints and hence it’s subsequent change of ownership. This change of ownership saw EMI being delisted from the London stock market, and mass walkouts of long time loyal artists. This is a phenomenon, which means that its volume of sales went down considerably, and consequently making EMI to find its self in a financial quagmire. This also affected the capital structure of the company with the shareholders being forced to sell their shares to the new owner. This policy also affected the functions of different departments in the organization. Some departments were merged, while others were scraped all together. The company’s reputation also went down especially its customers, suppliers lost faith in it, and therefore it can be said the general acceptability of this strategy was relatively poor. In conclusion it can be deduced that it will take some time for the company to fully regain its lost glory this so because in the music a single flop can lead to long time consequences. Music production is unique in that it involves the signing of long-term co tracts with artists, suppliers and stakeholders and therefore breaching such contracts is not a common thing. Unless during abnormal occurrences like in the case of the take-over of EMI by Terra Firma. However, EMI can build on from its other range of products to regain its popularity and market share.

Heartbeat of a City: The Influence of Soccer in Rome :: Free Essays Online

Heartbeat of a City: The Influence of Soccer in Rome The first time I went to Italy the taxi driver that picked my parents and I up at Rome’s Fiumicino airport had his radio turned to a station playing a Serie A soccer match between two Italian powerhouse teams, AS Roma and Turin’s Juventus FC. At first I just assumed the low-level, even sound of the announcers voice was merely a talk radio show, but as I heard the excitement in his voice build as each team became closer to scoring, and the background sounds of the crowds chanting and singing for their teams I began to understand the phenomenon that calico, the Italian word for soccer, was in Italy. Literally the heartbeat of a nation whose history has been tumultuous to say the least, soccer has been a mainstay in Italian culture for generations. Known as the world’s most popular sport, professional soccer has helped create and define different groups of people around the world for longer than a century. The hoopla surrounding teams, geographic areas fans dwell in, and political ideals associated with individual clubs have carved an identity for millions of supporters whose heart and soul becomes dedicated to their favorite players, stadiums, and coaches. Soccer teams and their fans can give us a window into how people can be divided and defined by their allegiances and ideals, and why those with similar views band together to create a familiar environment for themselves. Large questions still remain about the role of soccer in today’s world. Why do people in Europe and abroad become so dedicated to their teams, over all other cultural factors like politics, clubs, and organizations? How does soccer affect Italian and Roman political allegiances, and how does the commitment of each team’s fans affect the Roman urban space, the policies and reactions of the Italian government, and each other? By uncovering and defining the importance of soccer in Rome, I am arguing that Roman soccer fans are not only divided by team colors and name, but also by geography within the city, political allegiances, and social differences. I am also arguing that the importance of soccer represents far more than an interest in a game, but a representation of all that a Roman citizen, as well as the majority of all Europeans, live for and love.

Malaysia a Multi-Cultural Country

Malaysia is a tropical country with around 25million people. Malaysia located at Southeast Asia, peninsula bordering Thailand and Northern one-third of island of Borneo, bordering Indonesia, Brunei, South China Sea and South of Vietnam. Malaysia separated in two islands just similar as New Zealand, the only difference is West and East Malaysia and they are sharing the island with other countries as has mentioned before. The capital city (Kuala Lumpur) is located in West Malaysia, and Sabah (Borneo) and Kuching (capital city of East Malaysia) are located in Sarawak (East Malaysia). The major religious in Malaysia are Muslims, Buddhists, Christians, and Hindu. Malaysian official language is Malay, and English the second. Apart from Chinese, Indian and Malay, there are several native cultural such as Iban, Bidayuh, Kadasan, and so on. This essay is going to give the foundation idea of three main cultural and also a briefly talking about Iban people. Malay or Melayu called themselves the â€Å"bumiputeras’’ in Malaysia, bumi in Malay language means earth, and putera means prince or son. Overall it means â€Å"The Son of Earth†. The population has consisted around 60% (including indigenous people of the land) and the other cultural are consisted the rest of the percentage. Most of Malays in Malaysia are Muslims. If anyone has fall in love and want to be married with Muslim, he or she will be forced to become a Muslim. Or else the Muslim parents in law or even the Muslim community would not accept this marriage. I had a Chinese teacher when I studied in Malaysia; she has married to my Muslim teacher who taught me Malay language. She was an atheist, she did not join any religious but because of the marriage she had to join the Muslim. I asked her before about if she is regretted, but she told me she will not regret of what she has chosen. ‘’I am not, and I will not regret as long as I am with my husband,’’ my Chinese teacher said that to me. Therefore I personally think that she is a brave lady, because she has to change her eating habit. Eating or touching pork and dog (especially their wet nose and faces) are forbidden for Muslims. The Malay words â€Å"tidak suci†. Tidak means not, and suci means pure. Therefore if any Muslim has touched these animals would consider as unclean or impure. They believe that they would need to renew their ablution or change their clothes as the spit of the dog can contain some impurities. There is a specific reason of why Muslims having this rule, Islam (Muslim) teaches how to attain the virtues and how to give up bad habits because both good and bad grow in the man according to his upbringing, education and environment. Ramadan (Arabic language) means the ninth month of the Islamic calendar. Every year around that month, Muslim would be Fasting or dieting. Fasting breaks into three abstains, which are food and drink, sexual intercourse, and masturbation (most scholars said that this is not allowed even when not fasting). Muslims eats once before the sun rise and another one after the sunset. After the sunset, they could eat if they have done their prayer. Muslims are recommended to eat dates before breaks the fasting. For the Muslims who are sick or pregnant, there is no way to escape the Ramadan fasting. However, they could postpone the Ramadan fasting period. As long as to ensure they will do it for a month or at least 29 days. There is no official date for celebrating the Break Ramadan Festival; it depends on the moon after 29 or 30 days. It quite often happens during the student’s long break for the year around December. Chinese (known as Malaysian Chinese) are the second main cultural in Malaysia, they were originally from China. British brought them from Southern China for work-force in tin mining between the fifteenth and the mid-twentieth century’s. Most Chinese are very successful in the business or trading area, if you have visited in Malaysias most of the department stores or shops are owned by Chinese. They are the richest when it comes to a comparative between the different cultural. Malay is the official language; however it is unsurprised that Chinese are still speaking their languages. Chinese language divides in Cantonese, Hokkien, Foochow, Hakka, etc. All those languages could identify which place they were from origin. Most of Chinese are Buddhists and Taoism, a few percentages of Christians and a little percentage of Muslims. Malaysian Chinese do celebrate Chinese New Year; the public holiday is normally three to four days. For more days of holiday, the Chinese schools would have to write the letter to get the permission from Ministry of Education. Before the first day of Chinese New Year, all the Chinese recommend to be at home for dinner at night. It means a family reunion after the busy days with working for whole year, but not many Chinese could make it because they have their different reasons. It could be because some of the people are working far away from home, and they do not have holiday so they could not make it. Why do Chinese celebrate the Chinese New Year? There is a legendary story of a long time ago, Chinese were living in peacefully in town but suddenly a wild animal called â€Å"Nian† (it spells as â€Å"Knee-Yen’’ in English), Nian by itself means year. People called it Nian because it came once a year to attack or eat people. Once, somehow a man discovered that Nian scared of something red in colour and a loud sound of beating. So every around that day, people would wear red clothes and red decoration around house such as red lanterns. Nian came and saw the town is full of red and also heard the sound of beating or banging sound. Year by year has passed, Nian does not come anymore. Chinese were very happy and excited; they could not believe their eyes. That is how Chinese New Year came from; Chinese celebrates it with the lion dance and wears red. The house is full of red decorations, through generations people changed the style of decoration. They make it prettier and stylish. Nowadays, people could not care less about Chinese New Year. It does not matter if they do not wear red clothes during the first day of the Chinese New Year. Some people that dislike the red colour have decided to wear in pink or other colourful clothes. People created Lion dance to celebrate their happiness and they used drums and gongs to make the loud sound instead of other way like using the wood stick to beat the cooking pots. Malaysian Indians were also brought by British to work in rubber plantations. Most of them were originally Southern Indian. The overwhelming majority of migrants from India were ethnic Tamil. If you have seen Tamil, their skin tones are definitely darker than other Indians. Most of them are Hinduism, and some of them are Christians and Muslims. Malaysian Indians celebrate Deepavali (Festival of Lights) once a year. In Hinduism, Indians celebrates the return of Lord Rama to his kingdom after defeating Ravana (the demon king). A long time ago there lived a cruel King who often killed many people without a special reason. Because many people were killed, the rest of the people were so terrified so they prayed to the Lord Ravana and hoped to get helped. Why it is called The Festival of Lights? Because long time ago people were warmly welcoming the return of Lord Rama with all the candle lights, it was very dark in the night. The celebration of Deepavali lasts six days, beginning on the 12th day of the month (North Indian lunar calendar). According to the Hindu Lunar Calendar, Deepavali is celebrated for 5 days. It is a public holiday in Malaysia as well, this year the public holiday will be on fifth of November. Most of Hinduism does not eat beef; I heard my Hindu said that they think the cow is a holy animal that has been given from God. Iban also known as ‘’Sea Dayak’’, they used to live in a long wooden house aside the rivers or coasting area and living by fishing, farming and hunting. Talking about hunting, they were traditionally head hunters. Long time ago, they used to collect skulls and hung it up to the ceiling. That were from the old days, Iban men would have a fight for a land, they not only win land through the battle, but they win for preserve the land. The winner wins the head off of the loser, and people would treat and respect him as a hero. However it is forbidden to do that activity now and they are very friendly and hospitable. Apart from Malay language, most of them could speak English because it is an international language. Some of Iban people even speak mandarin well; because they have been studied in a Chinese primary school before. Iban people have a big celebration which is Gawai (Harvest Festival), is one of the big ceremonies or occasions. The day is coming soon this year, and it is a public holiday in East Malaysia only. It will be celebrated on the first of June. That is when it comes to the harvest season, they would celebrate it with ‘’Tuak’’. It is handmade sweet rice wine. If you come to visit them, by the entrance they would serve you Tuak and you better do not refuse to have it. Or else they would think you are not respecting their kind offer.

“What You Eat Is Your Business” reflection - 1000 Words

â€Å"What You Eat Is Your Business† reflection The common thought of most Americans living in the United States that it is the greatest country on planet earth, and second is not even close. They believe this notion because of the freedoms this great nation was founded on: The freedom of religion, the freedom of speech, the freedom of assembly. These freedoms turn into more simplistic generalities that are assumed and exercised by Americans daily, such as the freedom of choice. Although the freedom of choice is a right given to us at birth, it is a right that the federal government of the greatest nation on earth is slowly starting to rescind. Lets take health care for example, or most specifically, obesity. Law makers are slowing starting to†¦show more content†¦I would go to school, come home, eat, and play my video games. I constantly ate McDonalds and other junk foods. I never thought the problem was me, when indeed it was. It was easy for me to blame someone or something else. It was McDonalds fault for making their food so unhealthy, it was the governments fault for not regulating the industry and so on and so forth. Even if those outlets were to blame, I was the only one that could fix the problem, and it is that understanding that turned my life around. Heading into senior year of high school, I was pushing 280 pounds. Now I am down to 225 pounds, and still ticking down. You see, all these regulations did not help me lose my weight and change the man I am, it was me. I had to engage in the concept that I would be the only person that could fix the problem, and when I accepted that fact, my life did a 180 degree turn. Many share the same problems I once experienced, and it is these problems that force them to seek out scapegoats. These people have gone to politicians to try to get the issues resolved. President Bush jumped on board for this movement, and signed on a 200 million dollar bill to implement anti-obesity measures (396). 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