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

P&Gs Business Strategy - Essay Example

Cite this document
Summary
In the paper “P&G’s Business Strategy” the author focuses on the company’s chief strategy, which is its ability to create and maintain new brands in the market. This is made possible by the company’s high levels of innovativeness. The company seeks to maintain the popularity of its existing brands…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.9% of users find it useful
P&Gs Business Strategy
Read Text Preview

Extract of sample "P&Gs Business Strategy"

The company also uses Microsoft’s communication suite that integrates instant messaging, web browsing, video conferencing, and live meeting calendar management as a collaborative communication and data transmission strategy. These methods enhance faster decision making and easier access to and retrieval of information (Stair & Reynolds, 2012).Compare P&G’s old and new strategies for writing and distributing information.The previous means that were used in distributing information at P&G were not effective but rather time consuming and hectic.

It was also time-consuming to ensure all people got the information since it was all stored in one place. The current strategies are less time consuming and effective as multiple accesses to the information stored in one place is made possible (Bocij et al., 2008).For an executive member to print and stick reports to a notebook for storage so much time is consumed and the means is not even effective enough for decision making. It’s also not a good way of record-keeping since the retrieval of information is made difficult hence delaying decision making.

The new strategies employed, therefore, are so crucial in ensuring faster decision making throughout the company’s activities. How do smart grids differ from the current electricity infrastructure in the United States? The current electricity infrastructure in the United States differs so much from smart grills mainly because of technology adoption. Smart grills appreciate and apply technology so much in service delivery as opposed to the current infrastructure. This is evident in communicating with customers and integrating other service providers into the system (Stair & Reynolds, 2012).

For instance, ensuring that consumption is regulated and consumers are constantly informed of how much energy they use is a new strategy that is not available in the previous infrastructure. It also integrates technology so much, not only in management but also in marketing and monitoring.What management, organization, and technology issues should be considered when developing a smart grid?The main issues to be considered when developing smart grids include the flow of information within the grids and amongst the management.

This should be made as effective as possible by the use of reliable data communication systems. Of principal concern, also, is the automatic regulation on consumption for cost-effectiveness (Bocij et al., 2008).Consumer involvement and appreciation of the new strategy is also to be considered. The consumers’ needs should, therefore, be put at heart while developing the smart grids. Also of major concern should be how user-friendly the technology will be, as concerns the interface and ease of access and use (Stair & Reynolds, 2012).

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(P&Gs Business Strategy Essay Example | Topics and Well Written Essays - 500 words, n.d.)
P&Gs Business Strategy Essay Example | Topics and Well Written Essays - 500 words. https://studentshare.org/management/1601346-information-systems-management
(P&Gs Business Strategy Essay Example | Topics and Well Written Essays - 500 Words)
P&Gs Business Strategy Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/management/1601346-information-systems-management.
“P&Gs Business Strategy Essay Example | Topics and Well Written Essays - 500 Words”. https://studentshare.org/management/1601346-information-systems-management.
  • Cited: 0 times

CHECK THESE SAMPLES OF P&Gs Business Strategy

What is a (successful) business strategy Example of Volkswagen Group

The description of this research paper will incorporate the integrated nature of the course of development of corporate strategy along with the description of the four key dimensions of a well-developed business strategy… The research paper is a description of the issues related to the development of a business strategy.... The description of this research paper will incorporate the integrated nature of the course of development of corporate strategy along with the description of the four key dimensions of a well-developed business strategy....
5 Pages (1250 words) Essay

Business Process management as a real , meaningful change strategy

Mod 5 The purpose of this paper is to address the issue of whether or not Business Process Management (BPM) is a real meaningful change strategy, or just another management fad?... hellip; After this point a critical discussion will be conducted arguing both the merits and disadvantages of BPM as a meaningful change strategy.... As with any business process change strategy, one operates under the assumption that the main benefit of BPM is to streamline all business processes to improve the satisfaction of customer needs or increase profits....
3 Pages (750 words) Essay

Does Different Business Strategy Is Indeed a Requirement for Success

This paper presents supportive evidence that a different business strategy is indeed a requirement for success.... This implies that business organizations have to be very innovative, dynamic, creative, and aggressive in their business operations in order to retain market share in the competitive market conditions.... Therefore, the most successful business organizations resort to a hybrid of the two options.... Best market players combine innovativeness and best of service to produce a different business field where competitors will find hard to compete....
8 Pages (2000 words) Essay

Business Strategy at Google: The Leader as a Strategist

An author of the study "business strategy at Google: The Leader as a Strategist" aims to conduct an extensive analysis of the business objectives, strengths, weaknesses, and management at Google.... business strategy Target market Google has targeted both consumers and business enterprises or advertisers.... Porter, a strategy is the ability of the organization to make an informed decision about when, how and where to target the customers, set the desired objectives and facilitate resources and thereby make a difference between managers who think strategically for future prospects....
8 Pages (2000 words) Case Study

E-commerce as a Business-to-Consumer International Market Entry Strategy

In the following paper I will be examining e-commerce in terms of marketing entry strategy and business-to-consumer operations.... here are significant overlaps between Internet strategy and Internet marketing, particularly if a company adopts a broad perspective of marketing by engendering customer focus throughout the business, as described above.... Chaffey (2002) regards Internet marketing as a subset of Internet strategy that he calls 'sell-side e-commerce', meaning that it focuses on building relationships with customers, in parallel with 'buy-side e-commerce' that focuses on supply chain management....
15 Pages (3750 words) Essay

Technology Leadership is a Business Strategy

e continuously study optimization strategies and efficient working conditions in almost every course, be it related to science or the business fields.... Many small business organizations are still running on vintage hardware and still are way in the lead because their staff know how get the best out of what has been provided to them....
3 Pages (750 words) Essay

What is the role of IP in Microsofts business strategy

The role of Intellectual Property in Microsoft's business strategy is extremely important.... 1 What is the role of IP in Microsoft's business strategy?... The role of Intellectual Property in Microsoft's business strategy is extremely important.... Thus IP and protecting IP of Microsoft products is a main business strategy for Microsoft.... Without IP protection Microsoft would not be in business today.... business in both countries would suffer due to politics....
4 Pages (1000 words) Assignment

Co-opetition as a Business Srategy

This paper discusses the concept of co-opetition as a business strategy.... Trust in this case must be defined within the boundaries of business ethics.... As the name suggests, co-opetition is based on a combination of cooperation and competition between business competitors for business gains (Mongkhonvanit, 2014).... They also argued that one group, complementors, was equally important in business but often ignored....
12 Pages (3000 words) Coursework
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