Addressing weaknesses
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Describe an unknown company with technological computer products that are similar to Apple Inc. This information will help this unknown company to increase its market share.
Your strategy must describe:
- How you are going to implement the idea
- What potential ramifications (pros and cons) may result from your strategic implementation
- What feedback mechanisms you will use to evaluate the success or failure of your strategic implementation.
Weakness 1: Product cost is too high
Recommendation Implantation:
Positive ramifications:
Negative ramifications:
Feedback Measurement Tools:
Weakness 2: Incompatibility with different OS
Recommendation Implantation
Positive ramifications:
Negative ramifications:
Feedback Measurement Tools:
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Solution Summary
Discusses weaknesses, their remedies and positive/negative ramifications of the proposed remedies.
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Weakness 1: Product cost is too high
Recommendation Implantation: I would implement strategic audit of the entire operations to identify weaknesses, errors, cost escalations and wastage in the sourcing and manufacturing as well as distribution process. Based on the identified weaknesses and problems, I would restructure the operations and processes to enhance efficiency in the manufacturing process. The R&D team will also be given the task to identify way to reduce cost of the product.
Positive ramifications: The positive ramification will be improvement in quality and efficiency of operations due to implementation of best practices in the organization. Apart from cost reductions, quality of the product is also expected to ...
Education
- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
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