STRATEGIC MANAGEMENT

Strategic Management



Strategic Management

Introduction

Jones Lang LaSalle is the company that focuses on professional real estate service companies in the world with approximately 180 offices in over 60 countries and more than 700 cities. The company's global team of experts dedicated to providing comprehensive, integrated services for clients owning, occupying or investing in real estate decisions to add value. This paper provides an in depth analysis of Peter barge's strategic and financial management. It presents a comprehensive insight into business structure, its operations, executive biography, marketing and risk management and competitors. The paper critically analyzes the various aspects, departments and organizational factors that influenced the complete process of formulation and implementation of the accountant position strategy that led them to reshape the organization.

Discussion

JLL is considered as the leading company, valued 4.7 trillion dollars. Jones Lang LaSalle committed to leadership in the industry of real estate regard to company's structure and position management in order to attain its goals. Jones Lang La Salle play a significant role in meeting the challenges environment through the advice gave to customers about the development, investment and taking possession of the property. The goal is to develop leaders and standards improvement practices in offices and then help clients to do same with their property. Jones Lang LaSalle expects its suppliers to share its commitment in providing to meet or exceed the requirements of property needs of customers worldwide.

Situation Analysis

In the America property market, the worst appears yet to have happened, it is likely that the problems accentuated by virtue of the slowdown and stagnation in the economy would enter. In America, the moment to rethink the business models implemented so far and reworked to address a situation of insufficient credit. But the brake on the market and falling real estate prices in America is not a traumatic situation for which alone to pass through. In America, the fall in prices reached 10, 5% according to figures from Nationwide leading mortgage originators in the America thus, affecting real estate businesses globally. Peter barge, CEO of the newly created corporate solutions group of Jones Lang Lasalle (JLL), is executing a restructuring of the U.S. corporate real estate services division that will enable the company to offer customers integrated solutions. Barge has created an account management function to coordinate the activities of the three, product-based business units which, until now, have operated autonomously. The case examines the various tradeoffs barge must make in balancing the benefits of the former organization with those of the new structure to achieve the firm's strategic goal of becoming more customer solutions oriented.

Positioning Globally

Berge was to seek the business to expand with the change business strategy and structure that would appropriately function in the coming future. As the future, for the Real estate services were not stable and coping with the turbulent changes in the economy. BofA was, due to lack of coordination, was consolidating its business for which the Barge considered an opportunity for Jones Lang ...