Wednesday, December 11, 2019

Competitive Strategy Organization Development and Change

Question: Discuss about the Competitive Strategy for Organization Development and Change. Answer: Strategy The strategy can be explained as the goal of any organization to plan and utilized for long term success. In other words, the terms strategy come from the battle of SUNTZU art. In regards to this war, winning means the strategy is good and losing means the strategy is bad. It is chosen by the company to get success in future whatever their goal may be. Moreover; it can be used to solve the issues related to the organization which targeting for the success of the company. Basically, the word Strategy rise from a Greek word which means to control powered off an army or monitoring power of the group of people. In other words, it has the meaning of all planning and plotting of the entire member involving in the battle to go on a right path of an organization. The strategy is always dealing with the plans for fulfillment of the customer which are necessary for them. A large number of companies is there which make strategy by reducing the cost of a product to solve all the problems of the customer and fulfill their goals. It does not totally depend on business processing achievement but also the numbers of particular organization improvement. By creating many new and innovation ideas for the same product the head of the company can make difference. It is one of the business mind concepts to get more and more profit for the future of the organization. The satisfaction level o should be high from their client matters a lot in the efficient and effective way to run an organization smoothly. For this company must have some good and innovative strategy for the achievement of the organization. Almost one year is enough for the company to complete their target. The image should be built strong for the organization to maintain their quality in the market sector. The strategy also has a concept of the realization of all marketing aspects throughout the profit making of the marketing chain. The strategy helps the company to get into the competing with the firms by creating substitute product for the same. For making strategy managerial skill is very important as its detail about the key factor. The strategy also considered as the same of the companies work throughout their market peripherals. Through supply changes and production, it helps in sort out the scarcity of the resources. Here resources represent assets, technical competency, skillfulness of manpower and a sense of affinity towards the action strategized. The strategy can be classified in many formats but very few are crucial to knowing the organization. They are the corporate strategy, business strategy, and operational strategy. Corporate strategy used to be exclusively enriched as shareholders invest a lot. They also give priority to the customer who has potentially credible. Now business strategy is depending on the competitive of the market which deals with the product designing a selection of products, benefits of consumer, win over the competitive marketing companies, etc. operational strategy is about the resources of the company people involves in the company, their work profile, different process used by the company to make strategy effective for the organization. Business model Innovation Business model innovation is considered to be the most innovative ideas of the organization to complete the target of the company in all financial business criteria. The main objective of this model is to innovate the model by introducing new upcoming sources and gets revenue. This can be done by improvising the quality service and goods in front of their customers. To consistently hold their position the market for the long period this model gets very effective (Massa Tucci, 2013). In the manufacturing of the product for any organization, this model gets appreciation. By this innovating model company or organization had to decrease the cost of production to make a large number of customers in their hands. As for the instance, The Apple Inc. company by improvising these ideas makes the innovative features in their products. For this concept, they make the large number of customers (Gobble, 2014). This model helps to increase the number of stocks in their stock market. Applying this innovation idea the company named, Apple Inc. able to make a large number of their customer without decreasing their costs of products and make the profit. Like, the Dell Company making the profit by this model without decreasing their sales price. By utilizing these ideas they decrease the processing charge or operating charge within the business processing (Tucci Massa, 2013). With these fundamentals, they grab a large number of profit in an annual basis. The idea should be super in quality and uncommon which attract the customer while being the cost of the product high. However, the ideas of the best quality work and knowledge of the modern technology help the organization to run the very far way of success. The innovative ideas always make a company and organization far away from the marketing trim. The use and implementation of the business model are about the incorporation of the business strategies as to enhance the overall performance of the organization. It makes the company more achieving the high quality to get financially beneficial, ideally conceptual and including mission statements vice versa. By making product designing, brand community, etc make the ideal concept for the fringe of the organization. The organization needed new ideas to attract the customers with a profitable way of business. The innovation of the model makes the company's strategy to make them different from the other companies. The agenda of the companys growth, this innovation of the model helpful and make the organization unique. A branded company is the good instance for the innovative models as; it assembles the different customers or users on the subjects of discussions, feedbacks, etc .by analyzing the traditional view to contemporary view of the business. Business innovation actually makes th e company enhancing the companys potentials. References Cummings, T.G., and Worley, C.G., 2014.Organization development and change. Cengage learning. Davenport, T.H., 2013.Process innovation: reengineering work through information technology. Harvard Business Press. Simons, R., 2013.Levers of control: how managers use innovative control systems to drive strategic renewal. Harvard Business Press. Ward, J. and Peppard, J., 2016.The Strategic Management of Information Systems: Building a Digital Strategy. John Wiley Sons. Massa, L. and Tucci, C.L., 2013. Business model innovation.The Oxford Handbook of Innovation Management, pp.420-441. Gobble, M.M., 2014. Business model innovation.Research-Technology Management,57(6), pp.58-61. Tucci, C. and Massa, L., 2013.Business model innovation(No. EPFL-CHAPTER-187818). Oxford University Press. Amit, R. and Zott, C., 2012. Creating value through business model innovation.MIT Sloan Management Review,53(3), p.41.

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