Nobody downloaded yet

Organizational Policy and Strategy - Case Study Example

Comments (0) Cite this document
Summary
The advancing technology has narrowed the knowledge boundary amongst the organizations, necessitating innovative approach that would provide their goods and services with differentiating elements to give them cutting edge leverage. Analysis and identification of the changing…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.7% of users find it useful
Organizational Policy and Strategy
Read TextPreview

Extract of sample "Organizational Policy and Strategy"

Download file to see previous pages The industry rivalry amongst the producer businesses is important criteria for introducing cutting edge differentiating element in the products to gain leverage. This is one of the major motivating factors for Samsung Inc to be highly innovative in its products and development processes.
The quality and creative input within the product gives huge advantage to the suppliers and puts him in a bargaining position. Samsung producing high quality memory chips at relatively low cost has been able to bargain with its customers.
The bargaining power of buyers is reduced when there is short supply of quality goods which have great demand. In the case of Samsung, the buyers increasingly prefer them because of their quality products and their credibility of supplying goods timely.
The technological advancements have brought forth an explosion of information that is easily accessible to public through the internet and other media like television, radio, mobile phones etc. The competition from substitute become highly likely and the company needs to adopt innovative approach to its marketing. Samsung has successfully met this aspect by evolving flexible strategies like innovative product like and introducing elements of surprise within the products as well within the marketing of the products and services.
Last but not the least is the threat from new entrants of the business. The globalization has provided facilitating grounds for new entrants and therefore, the existing firms must ensure that speed and flexibility become intrinsic part of their strategy as they become extremely important ingredients for the products so that the organizations can timely and efficiently meet the fast changing preferences of the customers.
Under the dynamic leadership of Kun Hee Lee, the company enjoyed competitive advantage over their rivals in the world market primarily because of the sharp business ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Organizational Policy and Strategy Case Study Example | Topics and Well Written Essays - 1000 words - 1”, n.d.)
Organizational Policy and Strategy Case Study Example | Topics and Well Written Essays - 1000 words - 1. Retrieved from https://studentshare.org/miscellaneous/1562515-organizational-policy-and-strategy
(Organizational Policy and Strategy Case Study Example | Topics and Well Written Essays - 1000 Words - 1)
Organizational Policy and Strategy Case Study Example | Topics and Well Written Essays - 1000 Words - 1. https://studentshare.org/miscellaneous/1562515-organizational-policy-and-strategy.
“Organizational Policy and Strategy Case Study Example | Topics and Well Written Essays - 1000 Words - 1”, n.d. https://studentshare.org/miscellaneous/1562515-organizational-policy-and-strategy.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Organizational Policy and Strategy

Organizational strategy

...?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. For instance, Jack Welch introduced extensive, comprehensive and strategic changes in business and management model. Jeff Immelt’s revolutionary changes to GE also witnessed company striving business from great challenges world crises to success. Key to success as aforesaid mentioned remained in sound strategic decisions leading to growth directions. The assessment herein discusses three strategic aspects of GE with...
11 Pages(2750 words)Essay

Organizational Intelligence Policy

...Competition Intelligence As the IT and computer industry develops, it becomes necessary that organizations develop an OI policy that would ensure the above functions are developed towards the building of a stronger, more relevant, and equally competitive Organizational Intelligence (OI). By competitive OI, a system that enables an organization to gather information about its competitors is referred to. Since no organization is an island and always has a competitor offering the same products, an OI should enable an organization to know how its competitor thinks, its strengths, weaknesses, vulnerabilities, and its aspects on which it could be attacked. There are four main steps or...
6 Pages(1500 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

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

Strategy and Organizational Performance

...Running Head: Strategy and Organizational Performance Strategy and Organizational Performance Inserts His/her Abstract The study at hand deals with the topic of strategic management and strategic planning process. Strategy is the line of actions undertaken to achieve the set of goals and objectives that organizations possesses. The strategic management works with the help of planning as a tool and gears the organization towards its proper direction with the help of mission statement, vision, policies and responsibilities. In most of the organizations, the strategy formulation and implementation is positively related with the performance. If the strategies are formulated and executed properly, then the organizational performance... will be...
7 Pages(1750 words)Research Paper

Organizational Personnel Policy Critique

...Organization Personnel Policy Critique In any business entity that is there in existence it is of paramount importance to have a way through which the employees in the firm can be effectively managed and at the same time there has to be the devising of a way that the employees can relate with each other well and at the same time relate with the management of the organization without the fear which in most cases is brought about due to the different positions that the individuals hold. In most cases it is seen that in the event the roles that people play in the firm are not defined then there are always chances that there may be conflict of interest. In this case a person from one department will opt to undertake the duty...
2 Pages(500 words)Essay

Discuss and give examples of IT value as an organizational strategy and as a basis for tactical plans. Why should IT policy and control be a prime concern to overall management in the selection and development of IT management

... Examples of IT value, organizational strategy and why policy control is important to the overall management in the selection and development Introduction The use of Information Technology in any organization is an issue of prime importance bearing in mind enormous values it adds into organizational strategy and policy. Apart from the benefit of cost reduction, Information Technology contributes to the overall leadership, management and value creation. This paper critically examines Amica Mutual Insurance Company’s Information Technology policy, impacts and challenges. Background Amica Mutual Insurance Company of the USA is one of the oldest Insurance Company founded in 1907. Initially the Company used paper based system but has... which...
3 Pages(750 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

Strategy and Organizational Development

...Strategy and Organizational Development According to Ralph Lewis, organizational development is a new concept which is becoming popular with businesses. Ralph defines an organization as a conglomeration of more than 1 person with the same goals and objectives. There is usually a point where the members of an organization lose sight of what really brought them and appear disorganized. This is the part where organizational development comes in to bring an element of organization. This can be achieved first by formulating a working strategy and implementing it to the members of that given organization. Based on Ralph, he classifies organizations basically...
1 Pages(250 words)Essay

Organizational Policy and Strategy of Southwest Airlines

...Answer Southwest has a competitive advantage over its rivals primarily because of its human resource policy. After the 9/11 tragedy, the operations cost of airlines had considerably increased due mainly to three reasons: tighter security required more stringent screening; increase of overheads vis-à-vis security screening, reprogramming of its tracking of passenger information details and management strategy etc; dramatic reduction in the number of passengers due to terrorist threat. During this tough time, Southwest airline maintained its confidence on its workforce and did not lay off any employee. Another very important aspect of its managerial leadership was that it inculcated confidence amongst its workers by ensuring... non attrition...
3 Pages(750 words)Case Study
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 Case Study on topic Organizational Policy and Strategy for FREE!

Contact Us