Complete the following sections of a Strategic Audit for Dell.
1.Analysis of Strategic Factors. Since you are aware that your analysis of strategic factors or SFAS (Strategic Factor Analysis Summary) is based on IFAS and EFAS tables, and since we will need to understand your choices, you are required to submit the three tables in Excel format in one separate file from your written Word assignment.
2.Strategic Alternatives and Recommended Strategy Here you will be graded on your ability to analyze economic, socio-cultural, political-legal, technological, and financial data to justify your available strategies and the one(s) you recommend.
3.Implementation: Describe the implementation of the strategy(ies) you recommended.
4.Evaluation and Control: How do you evaluate the performance of your implemented strategy(ies)?
Objective: Explain the strategic management process within the global environment.
Conduct various environmental analysis as they relate to an organization.
Formulate strategies and potential strategic alternatives for different situations.
Use effective communication techniques.
Discuss the impact of technology on business.
Describe the role of corporate governance in strategic decision making.
Recognize situations that present potential ethical and legal issues and develop solutions for those issues.
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Background of Dell Computers
Dell Computers was established by Michael Dell in 1984. Dell had the idea of selling computers direct to the consumer; in order to meet the consumer's individualistic requirements. Currently, Dell Computers connects with approximately 5 million customers per day. Dell has greater than 96,000 global employees, and has made technology obtainable to people and companies worldwide. In addition, Dell ships roughly 100,000 computer systems to their customers in more than 180 countries each calendar day; "that's more than one every second" (Dell, 2010).
Companies have immeasurable informational records, from user information to marketplace capability stats, or arranged information which consists of facts and figures. Every day the information persists to transform, as our globe transforms. Having a competitive advantage in such an insistent market, requires businesses to restructure their operational processes, realize new prospects, increase profits, and expand on trade relations. This is achieved which distinctive corporate strategies. Strategies express the present condition of a company, where it is going, and through which goals and objectives. Corporate analysis is fundamental in developing strategies, as it is the core of progressing a company's viable arrangement (Wheelen & Hunger, 2007).
Strategic analyses are essential in formulating Dell's strategies. Strategies can sustain long-standing positions of a business, the capabilities of a viable market, the advantage of difficult markets, what capital is necessary, and which dynamics are directly contributing to the organization and its investors (Wheelen & Hunger, 2007).
Dell should be aware of its operations, in addition to peripheral aspects that can have power over the operations. Strategic development characterizes Dell's intents and assesses their corporate conditions to formulate their strategies, implement their ...
The expert examines the strategic management processes within the global environment. A recommended strategy is determined.