With the issues raised in the case study in mind, answer the following equally weighted questions:

1. Managers focus on dynamic capabilities of their organisation to innovate and develop new sources of value and competitive advantage. Discuss the challenges and considerations for Toll in planning and executing future profitable growth initiatives.

2. Toll is keenly aiming to participate in the growth of Asia. What management and diversity issues must be considered when expanding into other cultures?

Paul Little Since its beginnings in 1985. Paul Uttie has literally built a transport and supply chain empire in Australia. And he has realised his ambition of expansion well beyond his home country. This very busy last 20-plus years has involved both organic growth - growth in existing markets and a series of well-planned and executed acquisitions of companies that can lead to a geographically diversied supply chain powerhouse. Mr Little's strategy is to hold costs down by managing them carefully. while nding smart ways to provide innovative supply chain solutions to his clients. In recent years. Toll has expanded through buying businesses in the UK. US. Singapore. Japan and China. Toll is keenly aiming to participate fully in the growth of Asia. and expansion of supply chains from Asia into the Middle East and US. both being much bigger opportunities and W the company now owned outside Australia. and a similar proportion of revenue coming from outside Australia. Toll has plenty of potential for expansion and diversication. When a company is bought by Toll and brought into the group. the key challenge is how to create and add value. in order to provide a superior return on investment. and with that come the challenges of leadership and business integration. Mr Little has shown sound judgement and flexibility. in sometimes keeping the acquired companies' leaders In place. and other times replacing them fast with proven Toll executives. Toll now employs 45000 people and has revenue in excess of A318 billion from operations in 50 countries across the globe. Mr Little has retired from the CEO position and is currently engaged in other entrepreneurial ventures worth over A51 billion such as his Little Proiects inner city apartment developments. He was also the chairman of Essendon Football Club in the Australian Football markets than its Australian base. With about 20 per cent at League (AFL) irom 2013 to 2015. mmummmammmmuwnmummnmmmnmmmm Miriam Them WWWIMWWWMWWMMMWZI one-mums}