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Common Business Practices

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Below are five common business problems and strategies. The one we will research is Issue I Training. Then, please research the three enterprise systems available to solve these problems. Use the framework for translation (of strategy to architecture) to document each vendor/product line. Summarize your findings, while comparing and contrasting these solutions and their ability to meet the business problem and strategy selected.

---------Issues and Strategies To Address---------------
1. Issue 1: Training
o Business Strategy: This is connecting learning to real work, so that employees do not have to leave their work stations to participate in training and so that the transfer of learning from training to work is transparent.
2. Issue 2: Content Development
o Business Strategy: Subject experts must be able to capture and validate textual, graphic and even video-based content quickly, publish it for use by others inside the organization and clientele outside the organization, and receive feedback on their content so that they can easily maintain it at a level that satisfies users.
3. Issue 3: Customer Relationship Management
o Business Strategy: Sales and marketing need to track customer demographics, products purchased, product satisfaction, requests for information and changes in customers' buying strategies and technologies. Product development needs to be able to harvest information about customer's technologies and needs in order to develop new products to meet emerging needs.
4. Issue 4: Employee Relationship Management
o Business Strategy: Human resources needs to be able to track employees from recruitment to retirement, including roles, salary, compensation, benefits selected, annual reviews, competencies, skills and training taken.
5. Issue 5: Skills Inventory
o Business Strategy: Associates, their managers, human resources, and training needs to connect individuals' current skills and competencies to roles and emerging work and projects; as individuals complete training or special projects, new skills need to be noted. Managers need to be able to search for individuals with unique skills combinations.

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Solution Summary

The response addresses the queries posted in 760 words with references. I have worked on five common business problems and strategies.

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This response concerns the common business problems and their strategies. It will discuss the training issue and the three enterprise systems to solve problems. In this part of the problem, the training issue will be discussed. It will also discuss the business strategy to solve the training issues.

Training to employees is a crucial aspect, which aspires towards better performance of employees. Training aims at providing guidance to employees, which helps them to work effectively in the business environment. Yet, while training employees, an organization faces various problems that they need to solve to come up with better results. Training involves immense costs considering the technology required and trainers who provide training. Another significant concern is the selection of trainees who provides training.

Shortage of qualified trainers is a problem usually faced by the organizations. The training methods should be effective, which can provide proper training to employees. The business strategy that helps to solve the training problem is that employers should connect employees' training to their actual work, which maintains their interest. This will also help to maintain the transparency in the training process (Issues in Training Programme, 1994).

The three enterprise systems ...

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  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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