It has four componenets- task, people, technology and structure. According to the Leavitt’s model, if any change is encountered then all the four components must be changed simultaneously. This is helpful for task arrangement of people and implementing some specific structure.
Tag: Business Strategy
Strategic Alignment Model
Strategic alignment between and the business occurs when it is used to dynamically create and exploit business opportunities, it is further used to transform business. Any business is built with the integration of Business strategy and I/T strategy and its strategic alignment model is built upon Strategic Fit and functional Integration.
This alignment involves the assessment of implementing chosen business strategy through appropriate IT strategy and the articulation of the required I/S infrastructure and processes. In contrast to that strategy execution logic, this perspective is not constrained by the current organization design but instead seeks to identify the best possible IT competencies through appropriate positioning the IT market place as well as identifying the corresponding internal I/S architecture. The strategic management process also defines the changes in the I/S infrastructure that were necessary to execute this technology strategy. Continue reading “Business Strategy As The Driver: Perspective – technology transformation”
Roger’s model of diffusion classifies the customers by how they adapt to an innovation or an emerging technology with respect to the market share. According to Roger’s diffusion curve the customers are classified into Innovators, Early adopters, Early majority, Late
majority, and laggards.
24petals.com is an online nursery / garden facility provider, through which a user can order plants, flowers and other equipment related to the garden. 24petals.com is also targeting on flower bouquets and other decorative items a user can use to decorate home, office or public area gardens or lobby.
Another portfolio planning approach that helps a business figure out if to put resources into circumstances is the General Electric (GE) approach. The GE approach looks at a business’ qualities and the appeal of the business in which it contends. As we have demonstrated, a business’ qualities are elements interior to the organization, including solid HR abilities (skilled staff), solid specialized capacities, and the way that the firm holds a vast offer of the business sector. The engaging quality of an industry can incorporate angles, for example, regardless of whether there is a lot of development in the business, whether the benefits earned by the organizations contending inside it are high or low, and regardless of whether it is hard to enter the business sector. For instance, the car business is not alluring in times of financial downturn, for example, the subsidence in 2009, such a variety of vehicles makers would prefer not to put more underway. They need to cut or quit spending however much as could be expected to enhance their productivity. Inns and aircrafts face comparable circumstances. Continue reading “Case Study – The General Electric Approach for Portfolio Planning”
At the point when a firm has numerous key specialty units (like GE or PepsiCo does), it must choose what the destinations and methodologies for every business are and how to distribute assets among them. Assets could be resources like financial, technological or infrastructural resources. A gathering of organizations can be viewed as a portfolio, pretty much as an accumulation of work of art or speculations make a portfolio. Keeping in mind the end goal to assess every business, organizations some of the time use what’s known as a portfolio arranging approach. A portfolio arranging approach includes examining an association’s whole gathering of organizations in respect to each other. Two of the most broadly utilized portfolio arranging approaches incorporate the Boston Consulting Group (BCG) matrix and the General Electric (GE) approach. Continue reading “Strategic Portfolio Planning Approaches”