Strategic Initiative Learning Team B FIN /370 26 February 2012 Farookh Syed Strategic Initiative Introduction. Technology creates opportunities for people and organizations achieve their dreams (Microsoft.com). Microsoft’s innovation has led to quality, high profile and dynamic products which many businesses and consumers desire in a product. In the past year Microsoft has launched products such as Xbox Kinect, Microsoft 365, Microsoft Phone, and Bing. While these products are highly successful Microsoft continue to push the envelope to create and improve products that are synchronized with tablets, PCs, game systems, and phones in businesses and consumers to increase their productivity.
MBH successfully realized that by separating the web-based self-service tool from the complex back office data, they could have a program that would function successfully on many platforms and be compatible with existing systems with fewer modifications necessary. While I feel this would have only been half of a project completed for any one company, the fact that they created a successful interface that is sold to many corporations using many data platforms proves their approach a success over Wipro on a global scale. 2) I believe costs and cycle time are certainly appropriate measures for Wipro’s evaluation on the success of the self-service implementation. Returns are a
The shipping company is expanding its business to involve a symbiotic relationship between itself and any outside company that will integrate their technologies into their processes. FedEx is growing its wireless, billing, freight and international technologies to truly offer a well rounded solution for any small to large company’s shipping and supply chain management requirements. Largely web-based the technology solutions simplify and increase cost efficiencies of any company. One of the best parts of the FedEx software and product offerings is that companies can mix and match and add on any element that will benefit them. Supply chain management is an increasingly complex issue within companies, especially in today’s day and age.
Netscape’s story has the same connotation. Moreover, because Netscape owned very powerful products that time, i.e., Netscape Navigator and Netscape’s server software, investors speculated that its stock price would continue to soak. In detail, Netscape Navigator was the leading client software program that allowed individual personal computer users to exchange information and conduct commerce on the internet. With the user-friendly interface as a guide, Navigator offered a variety of Internet functions including Web browsing, file transfers, news group communications and email. What appears to be its strategy?
P5 Explain how internet marketing has made a selected business more efficient, effective and successful. The opportunities for business efficiency based on the increasing availability of the web technology which gives Perfect Paints all kinds of opportunities to speed up the interactions with both suppliers and customers. Therefore this can lead to a number of efficiencies. Firstly, the supply chain efficiencies is when a business will always be both a buyer and a seller, buying products from other businesses, buying product from others and selling to others or private consumers. A company like Perfect Paints has to buy the materials it used before it can sell finished products.
Microsoft is an organization spread throughout multiple countries and the sell software related products for computers and similar devices – personal and business. However, for this particular paper I will be looking in-depth at how Microsoft has implemented the following organizational concepts and if they were successful, if they were not why – organizational structure, organizational culture, and their human resource practices. Have these concepts helped Microsoft in achieving their successes, not just small successes either. One company representative, in Microsoft’s flash presentation on their website contributed their successes to four factors, “…passion, long-term approach, the expectation of great results, and the expectation of individual excellence” (Microsoft, 2008). Will my research agree?
The University of Technology can benefit from alternative business and revenue models afforded by the internet. The University of Technology is thought to be the Mecca of technical education in Jamaica. In today highly technical continuous learning is inevitable for any individual or industry to remain viable and competitive. The challenge has been to find innovative ways to access life-time education while still maintaining a hectic work, social and family life. The availability of reliable high speed internet, quality video and audio software are some of the driving forces behind the success of e-learning initiative across the world.
Sony have been able to introduce innovative products that customer didn’t really think they need, but that have become a huge success when adopted by the consumers. This has further contributed to Sony’s great customer loyalty. Since Sony operates in many different product categories and reach out to a lot of different customer segments, this contributes to them having a lot of competitors as well. Although remaining a force to be reckoned with within the electronics sector, they have lost their leadership position to some of their competitors. Companies like Apple, who are ranked 1st as the most valuable brand in the world, could become a direct competitor if they expand their product line.
To remain competitive, ebay had to develop strategies, which includes define the businesses it would be competing in and how it would compete in those specific businesses. It also needed to decide how it would be a successful service to its customers. * Corporate Strategy: to become a diversified business ebay wanted to diversify not only the products it offered but also its customer base and global reach. The service it provides is appealing to both individual customers as well as large corporate customers. Hobbyist and collectors, casual sellers, professional buyers, and corporate sellers all belong to the ebay customer base.
Importance of Innovation Microsoft is a name recognized throughout the world for its contributions to technology. Most well known for being the creator of the Windows operation system, Microsoft has been a huge contributor not only in computers, but in numerous areas of the world of technology. But even with all of its successes, a greater focus on innovation could greatly benefit Microsoft’s future. To many it may be hard to believe that Microsoft may be lacking in innovation. Aside from their hugely popular Windows operating system, Microsoft offers products ranging from computer keyboards and mice, to video games and video game consoles.