Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Organizational strategy - Essay Example

Comments (0) Cite this document
INTRODUCTION Since establishment, General Electric maintained a successful history under various leaders. Ingredient of the success story of GE has remained to be in constant adoption to the growingly challenging environment. GE has undergone many transforming organizational upheavals and strategic intents…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.5% of users find it useful
Organizational strategy
Read TextPreview

Extract of sample "Organizational strategy"

Download file to see previous pages The assessment herein discusses three strategic aspects of GE with application of the academic valuation models. The areas discussed include: Core competencies and capabilities assessment Real options to improve business performance assessment Strategic Options Available For GE Each section will be developed including critical analysis of GE with respect to the assessment tools followed by conclusion. CORE COMPETENCY ASSESSMENT Assessment f business on road of success with competitive advantage from 1980s to 1990s has moved in from capability to empower business layers to developing, exploiting and strengthening core competency of business. De Saa?-Pe?rez and Garc??a-Falco?n, (2002) established that only resources and capabilities transformed into core competency can develop business competitive advantage (De Wit, & Meyer, 2004). Hence, in line with importance stated for core competency, the section develops assessment for the core competency of General Electric. CORE COMPETENCY Selznick (1957) first introduced the concept of core competency as competence with distinction for depicting corporate advantage in various activities (Barney, & Hesterly, 2008). The strategic perspective of core competency was put forward by Hamal and Prahalad (1990). ...
xpertise with newer areas in a manner more interestingly than routine framework (Cravens, and Piercy, 2008) TESTS FOR CORE COMPETENCY Firms to retain their competitive advantage must possess distinctive competency that provides business separate positions as against competitors. The simplest test for competency to be core as well as distinctive one is core competency does not finish like physical assets (Grant, 2009). Instead core competencies increase their strength to bind the businesses together. Hamal and Prahalad (1990) core competence as competencies that must following three tests: Core competency must provide business capability to reach wide variety of markets. Competency must pass the litmus test to add value to the perceived benefits by customer through product. Organization to rely on the competency as core competency must enable business to retain their distinctive position in a way that cannot be imitated by competitors (Hamel, 1991; Prahalad, & Hamel, 1994). Resource based view also provide a litmus test for strategic capabilities to be regarded as core competency. Barney’s (1991) VRIN model is also taken test for competency of an organization to be regarded as core competency (Gamble, and Thompson, 2010). VRIN model, an acronym, states that core competency must be Valuable, Rare, In-imitable, Non- Substitutability to benefit firm with competitive advantage over competitors (Fleischer, & Benoussan, 2003). GENERAL ELECTRIC’S CORE COMPETENCY General Electric (GE) under Jeff Immelt to position GE for stronger growth planned to reposition business with resources transferred to areas that have stronger growth prospects from business that have already undergone heavy juice extraction. To strengthen value based system, Jeff Immet defined Growth Platforms. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Organizational strategy Essay Example | Topics and Well Written Essays - 2750 words”, n.d.)
Organizational strategy Essay Example | Topics and Well Written Essays - 2750 words. Retrieved from
(Organizational Strategy Essay Example | Topics and Well Written Essays - 2750 Words)
Organizational Strategy Essay Example | Topics and Well Written Essays - 2750 Words.
“Organizational Strategy Essay Example | Topics and Well Written Essays - 2750 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Organizational strategy

Smith Radiators Organizational Strategy

...Smith Radiators’ Case From the case, Smith Radiator’s organizational strategy is typical of a reactor. The primary reason that leads one to this conclusion is that Smith Radiators does not seem to have a defined business strategy. One may initially presume that Smith Radiators pursues a low-cost strategy because the organization uses cost reduction strategies, low wages, and layoffs, to maintain market share (Case 244). However, Jeff Brown’s letter to Smith informs us that other suppliers could supply radiators at a lower price than Smith Radiators. On the other hand, even though the organization had built a reputation for manufacturing reliable...
7 Pages(1750 words)Essay

Spirituality in Organizational Strategy

...will discuss useful objectives that can be internalized into an organization strategy and how organizational leadership can affect their success. A leader is someone who is capable of influencing his followers to behave or think the same way. Spirit on the other hand, can be defined as a vital force within living beings. If we combine the two terms, it suggests that a leader is someone who can understand and seek out his inner self as well as fosters the same meaning to his employees. Srivastra asserts that spirituality in leadership is an approach in leadership where a leader will strive to influence a sense of interconnectedness and significance among his employees (45-67). Spirituality in leadership...
5 Pages(1250 words)Essay

Managing Organizational Strategy

...?Executive Summary Organizational strategy has of late become an essential element for good performance in organizations. Organizations and companieshave realized that for them to achieve success in their business operations they have to embrace organizational strategy. This presentation looks into Thorntons Company’s management of organizational strategy and issues pertaining to it. Introduction: Background of Thornton Thorntons Company is United Kingdom’s one of the leading chocolate manufacturers and retailing companies, as well as a number of other confectionary commodities. The company has been in operation since its establishment in...
17 Pages(4250 words)Essay

Alignment of staffing strategy with organizational strategy

...organizational goals. Human resource professionals deal with such areas as employee recruitment and selection, performance evaluation, compensation and benefits, professional development, safety and health, forecasting, and labor relations. Some of the challenges today in human resource management are maintaining a diverse workforce, dealing with major technological changes, keeping up with governmental regulations, handling corporate restructuring and downsizing, and formulating strategies essential to personnel management. As a result, many executives have suggested that effective Human Resources (HR) strategies are one of the most important aspects of successfully implementing...
13 Pages(3250 words)Essay

Organizational Strategy

...Organizational Strategy Introduction Many organizations today are affected by the current economic recession in one way or another. The recent economic downturn has had impacts on many organizations' human resource management; on both service and production. Human resources are significant elements of the organizational strategy, and that success of a business depends widely on the type of management and the nature of the organization strategy. The Coca Cola Company has been one of the organizations that have managed to have sustainable business, even in uncertain climate that threatens the stability of the company. It has been affected by the economic...
8 Pages(2000 words)Case Study

SHRM Terms and Models in Organizational Strategy

...SHRM Terms and Models in Organizational Strategy The strengths based approach focuses on recognizing and building on people’s strengths. It is based on the concept of positive psychology. It is different from the traditional concept of HRM which focuses more on the weaknesses rather than strength to solve problems. Under the traditional HRM model employers use training as a way to amend perceived shortcoming. The strategy under strategic human resources management for HRD is to develop programmes and policies that correct negative behaviours to improve performance. The strategy under strategic human resources management in a strengths based organization is to identify...
24 Pages(6000 words)Essay

HBOs Organizational Strategy and Culture

...HBO’s Organizational Strategy and Culture Over the period of time HBO has been one of the most successful T.V. Channels relying largely on its strengths in producing original and different contents which won many accolades for the channel for producing original work of excellent literary quality. It is one of the premium television programming wings of the Time Warner Inc. Providing round the clock telecast, this channel reach millions of viewers not only in America but also in other parts of the world. A closer look at the historical overview of the organizational strategy and culture at the channel would suggest that it has transformed itself from a Channel having a very rigid and bureaucratic organizational set up to one where... it is...
10 Pages(2500 words)Essay

Organizational strategy

...Organizational strategy Strategic information technology outlines a company’s mission objectives and goals. On the other hand, it implies that information technology changes how a company competes in the industry. Competent organizational strategy facilitates a company to create an organization efficient of delivering its oversight. Charlesmore Partners International (2008) asserts that it needs a combination of analyzing and thinking by comparing the state at which the company is at the moment, to a desired state and analyzes the gap, and capabilities to execute which make the changes to happen. Key purposes include: The prorogated structure of the company which shows...
2 Pages(500 words)Essay

Organizational Strategy

...Organization Changes Strategies Often the creation of change and management is core in an organization to help improve the futureoutcomes. Change is required in an organization due to various reasons. There could be many failures in the yesterday outcomes and thus, changes are required to better the future outcomes. When there is a need to shift methods of carrying out the activities of the way people interrelate in an organization may be to shift the company to macro levels (Kaufman, 2003). Change is a process that involves various stages. One has to understand the current situation. The level of input and the outcomes is also a major factor to be considered. The second stage is to think of how to change the current...
1 Pages(250 words)Assignment

Organizational Strategy of Apple

...Organizational Strategy: Apple Introduction Apple Inc headquartered in California has attracted scholarly interest due to the organizational strategy that has transformed the company into one of the most successful businesses globally. Modern business environment calls for companies to develop strategies that enable the organization achieve competitive advantage over other firms in the industry. This paper focuses on the strategic positioning of Apple, which is a company that has grown its market share to become a leader in the computer and mobile phone industry. Organizational background Apple represents one of the most successful...
14 Pages(3500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Organizational strategy for FREE!

Contact Us