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

Delivering a business strategy - Case Study Example

Cite this document
Summary
Good management, building up well-recognized brands and offering good quality products are not enough to keep the business running (McGrath, 2013). The transport company is a volatile and uncertain…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.3% of users find it useful
Delivering a business strategy
Read Text Preview

Extract of sample "Delivering a business strategy"

Overview of Business Strategy: Thomas Nationwide Transport Organization (TNT). TNT Organization Business Strategy Overview Organizations need to develop good strategies to keep their business selling. Good management, building up well-recognized brands and offering good quality products are not enough to keep the business running (McGrath, 2013). The transport company is a volatile and uncertain business environment. To compete in such situations, an organization such as TNT needs to do things differently.

A business plan should be holistic and clear.Innovativeness forms the core value of a business strategy. In an attempt to sell its policies, an organization needs to be innovative on devising new but better ways of service delivery. Employment of staff in an organization plays a major role in the running of the activities. It also dictates the rate of success. TNT puts this fact into consideration by ensuring that they have the best staffs for their various working areas in order to ensure an insight on the service delivery to their customers.

TNT’s strategy is quite comprehensive in both ensuring good services and the outstanding difference of offering services. The stakeholder’s model of thinking is the core principle guiding the business plan of TNT. The strategy map depicts an environment of vetting to identify the legitimacy of the different categories of services. In so doing, the plan has been able to outline customer satisfaction as the end of the organization. Consequently, this earns the organization trust from the customers.

A business strategy should aim to ensure improved continuity of the business. Customer satisfaction is one important factor that ensures royalty and consequent boosting of business.TNT plan has gone to an extra extend to offer solutions that are beyond the expectations of the customer. It has devised techniques that enable its customers to keep track on their working. It has incorporated technology to achieve this objective. The employment of professionals by the organization also enables it to be a step ahead of the customers’ expectations that earns it market security.

Operational success stems on good services and products of an organization. The success of services in the market is highly dependent on innovativeness. This value ensures that there are constant but temporary competitive advantages in the market. This aspect reflects TNTs planning due to the flexibility of their plan. The organization can change its plan when necessary in order to counteract any emerging problem, which in business can be its proper running.TNT income growth is from its services.

An effective sale of services depends on campaigning of the same at a reasonable cost. That is the case for TNT organization. Every vehicle and aircraft in this organization has a strapline that advertises the quality of their services.Moreover, the organization has its entire objective, though customer focused, projected towards income growth of the organization. As a result, the service offered to the customers ensures a continued market and consequently an income to the organization.Other factors are such as sensitivity to business venture.

The organization is quite keen on where and when to venture into a new market. There is an assurance of transparency in offering of services. Any possible dissatisfaction on the operation of the organization by the company counteracts this by tracking of the service delivery by the customer. The holistic nature of TNTs business plan has seen its growth from local to the global organization.References McGrath, R. G. (2013). The end of competitive advantage: How to keep your strategy moving as fast as your business.

Boston, Massachusetts: Harvard Business Review Press.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Delivering a business strategy Case Study Example | Topics and Well Written Essays - 500 words - 1”, n.d.)
Delivering a business strategy Case Study Example | Topics and Well Written Essays - 500 words - 1. Retrieved from https://studentshare.org/management/1668203-delivering-a-business-strategy
(Delivering a Business Strategy Case Study Example | Topics and Well Written Essays - 500 Words - 1)
Delivering a Business Strategy Case Study Example | Topics and Well Written Essays - 500 Words - 1. https://studentshare.org/management/1668203-delivering-a-business-strategy.
“Delivering a Business Strategy Case Study Example | Topics and Well Written Essays - 500 Words - 1”, n.d. https://studentshare.org/management/1668203-delivering-a-business-strategy.
  • Cited: 0 times

CHECK THESE SAMPLES OF Delivering a business strategy

Business Strategy TNT Express in a Global Environment

Name Professor Module Date business strategy in a Global Environment: TNT Express (UK) In the courier industry, TNT Express (from here on otherwise referred to as TNT) plays a vital role in delivering express services from business to business.... The paper provides a detailed analysis of the business strategy of TNT and its delivery to customers.... All aspects of business strategy at TNT put emphasis on delivering or providing its customers with a ‘superior experience,' for instance the use of complex technology to help customers keep track their deliveries....
9 Pages (2250 words) Essay

Business Strategy and Phases of Strategy Execution

The process is known as a strategic audit of a business strategy (Government Commerce Office Great Britain, 2004) An example of strategy is a situation where a business decides to start operating beyond the borders of its home country.... nbsp;           Before embarking on the study, it is important to know what a business strategy entails and the steps of forming and implementing a business strategy....
6 Pages (1500 words) Essay

Importance of Resource Based View for Strategic Management

4 Pages (1000 words) Essay

Business Strategy and Organization in Information Technology Industry

This paper is an effective business strategy in selling software applications to corporate clients, with the intention of improving their manufacturing skills.... hellip; The current market industry analysis for competitive organizations is to acquire an IT structure that delivers results in a business application industry through phases.... This approach provides the fundamental concept of current market industry trends to be succeeding in business on different platforms....
10 Pages (2500 words) Term Paper

PARCELFORCE WORLDWIDE - CASE STUDY

he company followed the differentiation strategy with customer orientation as its main theme.... he strategy that emerged from their turnaround deliberations was differentiation with Customer Service as an important theme.... The entire gamut of planning for turnaround began with the statement of vision and mission followed by Environmental Scanning and assessment, formulation of objectives and strategy evolution....
12 Pages (3000 words) Essay

Business Plan - Marketing Section

This paper looks at the value proposition and pricing strategy in the marketing department of the company and then gives a brief introduction of the company,… It then develops a strong value proposition for the company and shows how it can improve its bottom line and make customers understand why they should buy its products.... It finally introduces the pricing strategy Marketing strategy Area Academic Level DAKVEV Consulting and IT solutions is a company that deals with IT solutions and a broadrange of related products....
1 Pages (250 words) Research Paper

Term Mission, Aim, and Objectives of TNT Company

The objective of the company is to always respond to change and act with urgency (“Delivering a business strategy”, 2014).... nbsp; The business strategy map makes everyone accountable for accomplishing their stated roles (“Delivering a business strategy”, 2014).... The company has come up with key promises and works towards responding to the promises in an effective manner (“Delivering a business strategy”, 2014)....
2 Pages (500 words) Case Study

Importance of Portfolio Management

A strategy flowing through an organization passes through many functional boundaries such as business management, strategy management, and project management (Morris and Jamieson, 2004).... Translating corporate strategy to program or project strategy involves a stream of processes… This paper discusses portfolio management and program management as some of the methods used in translating corporate strategy to program or project strategy. ...
4 Pages (1000 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.
Contact Us