Michael Dell is the ideal person to change corporate culture of Dell because he founded the company and designed all company policies and regulations. Nonetheless, Michael is the right choice because of his professionalism and proficiency in IT sector. In addition, he is a man with vision, critical thinking, broadmindedness and leadership qualities; therefore, he could formulate and implement a new organizational culture with endorsement of his accomplices, subordinates and organizational personnel…
In other words, the marketing and operations are the two core functions because they cover purchases, production and sales components. Hence, changes in two aforementioned functions (in the form of new workplace challenges, objectives and performance standards for employees) will significantly impact entire organization because other functions have to support these changes to ensure success. In short, change in internal environment will become imperative before change initiatives in Dell’s marketing and operational strategies. The new retail partners of Dell are Wal-Mart and Costco that will hopefully enhance company’s sales volume. For instance, the well established supermarket chains could share first-hand consumer experiences and market insights that would enable Dell’s policy-makers to evaluate where they actually stand in the minds of potential consumers. ...
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(Wal-Mart and Dell Essay Example | Topics and Well Written Essays - 250 Words)
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In today’s contemporary business environment, strategy has been one of the significant attributes to define the success of any organisation. However, there has been a considerable debate on the appropriate strategy framework of an organisation. For an instance, a strategy which seems to be proper and successful for any retail organisation may not be so successful for any manufacturing unit.
For instance, Michael is aware of the mindsets of its top and middle level managers, i-e how they collaborate and welcome change management practices. Michael also has charismatic qualities; therefore, he could communicate proposed changes with employees as well as could take appropriate measures to pacify workers and minimize resistance / confrontation against changes in organizational environment, code of conduct, performance standards and traditional business procedures normally adopted by Dell.
Governmental institutions are limiting the permits Wal-Mart gets to open stores in certain regions. A way for Wal-Mart to eliminate this barrier of entry is by utilizing e-commerce. Wal-Mart utilizes e-commerce to attract customers worldwide. The firm has a very attractive websites that has a vast variety of items available for sale at reasonable prices.
The company makes car models of higher quality, better performance, greater fuel efficiency, and better overall value than the competition. The Toyota cars throughout the years have become very popular because they retain better resale value than other car auto makers.
This shows that their core business of retail remains healthy. Wal-mart does its business in two major customer segments across most of its markets – the mass market (retail) segment, and the small & medium enterprise (wholesale) segment. In the retail segment, Wal-Mart operates through various store formats to reach out to its customers; these formats include – supercentres (most widely deployed network in the US), Discount stores, and Neighborhood stores.
Dominating global retailing is the US firm Wal-Mart - it dominates North American industry directly and the global industry by example. Wal-Mart having 1.2 million of employees is considered as the world's largest retail stores chain. Every week, 138 million shoppers visit one of Wal-Mart's 4750 US Stores to benefit from their everyday low prices.
This is what Dell, Inc. can give you as an investor. Let me show you why.
As a computer manufacturing company that has 18% - 19% of the global personal computer market, in comparison to Hewlett-Packard's 15%, Dell, according to Wikipedia, "manufactures more computers than any other organization in the world (Dell, 2006)." As a company that employs more than 63,700 people worldwide, it had reached the top spot on Fortune magazine's America's Most Admired Companies in February 2005.
the prevailing external as well as internal environment, the changes taking place in the environment, the strategies adopted by the competitors and many such factors. Often after devising a strategy with the best interest in mind, it fails to achieve the desired goal and all the
For instance, Michael is aware of the mindsets of its top and middle level managers, i-e how they collaborate and welcome change management practices. Michael also has charismatic qualities; therefore, he could communicate proposed changes
The fact that Wal-Mart today is the biggest retailer speaks of the success of its pricing strategy. “Wal-Mart is not just the worlds largest retailer. Its the worlds largest company--bigger than ExxonMobil, General Motors, and General Electric” (Fishman, 2003). Wal-Mart
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