According to Texas in the United States, Dell Incorporation is one of the largest sellers for computers and laptops. The concept of the company was developed in 1984 by Michael Dell, a pre-med college student at the University of Texas who invested $1,000 for the start-up capital to register his idea of business as Dell Computer Corporation, which was also known as ‘PC’s Limited’ and “a game-changing vision for how technology should be designed, manufactured and sold” (Dell.com). The company is headquartered in Round Rock, Texas and within seven months of launching Dell, the company was selling about one million a day in products, shipping an average of 140,000 devices each day. Based on IDC PC worldwide market, Dell is “remained in the third …show more content…
Michael Dell’s original purpose was to make the computers himself and directly sell them to the people he knew at college however, he also focused on strong customer service and unbeatable affordable prices. As of today, Dell sells personal computers, laptops, servers, data storage devices, network devices, software, computer peripherals, televisions, cameras, printers, music players, and other electronics built by other manufacturers. Not only Dell incorporation has been working on their journey to become the world’s largest technology powerhouse but also valuing their culture as well, “we know our culture matters in how we run the business, how we go to market, and how we lead each other. It describes what we care about, the things in which we’re willing to invest and the rules that define is as a team” (Dell.com). Based on my research, Dell has some top important culture attributes that drive the company’s success, which includes relationships with customers, working and winning together, innovation, results, and integrity. On the move to rebuild and improve the company, in 2013 Dell reached an agreement with ‘Silver Lake Partners’ a provate equity firm that specializes in computers and technology. …show more content…
Dell strengthens in customer service, oriented around listening, responding, and delivering to the customers’ needs. Started off as phone calls, leading to face-to-face interactions and emails through the internet to get the customers’ feedback and issues regarding Dell products. However, their weaknesses include poor products that continued to plague the company and later documents, newspapers, articles reveal Dell’s issues affecting many of their computer products. Lastly, Dell’s vision statement states that “We carefully define success, and are relentless about communicating that vision in terms that are simple, vivid, and compelling to our global team. We know why we want to achieve something is as important as what we want to achieve” (Dell.com). I suggest that Dell should revised their vision statement giving a clear view on what type of company Dell is becoming instead of just defining success and the importance of achieving something. Shifting Dell’s current vision statement to something more powerful, that would catch the employees’ and customers’ attention. My type of vision statement would look like: To become the world’s largest powerhouse and the most successful computer company delivering a phenomenal experience for customers in our market. Achieving in the highest end quality products to serve, offering the fastest customer service to
Beginning with, Verizon 's formal statement of goals; “To build a business and workforce as good as it’s network.”, ‘To lead in stockholder value creation” and “To be
When changing a company’s organizational culture may goes well Changes in technology, the markets, societal values, workplace dynamics and the global economy have all contributed to creating an external environment that is constantly on the move, unpredictable and often devastating for companies that are unprepared or unable to respond accordingly. Many companies today are thus forced to either change or adapt their organisational culture to keep up. (Burnes, 2004) Furthermore, with global mergers and acquisitions at a seven-year high in 2014 (Roumeliotis, 2014) and set to increase further due to companies’ desire to outdo rivals and widespread investor support for such deals, knowing how to manage changes in organisational culture has become
The Importance of a Company’s Culture The culture of a company is one of the most important and sometimes overlooked factors in an organization. The culture can increase employee engagement and increase productivity which will allow a company to reach its goals, “From productivity and engagement in the organization’s day-to-day, to an employer brand that naturally fuels recruiting efforts, to creating a lasting brand that customers immediately recognize, there’s no escaping it – culture radiates outward into the marketplace” (Straz 2015). The culture can have a great impact on the employees. Employees thrive in a positive working environment and the ability to engage with their managers without fear of retaliation.
The importance of organizational culture: We can define the Organizational culture as a system of beliefs and shared values about what’s appropriate and important in an organization it also includes relationships and feelings externally and internally. Every organization’s values are supposed to be unparalleled and are widely shared and reflected in daily practice, relevant to the strategy and organization purpose. It is necessary to understand the culture of the workplace setting as well. This is where the human resources management policy is very important because it reflects and reinforces organizational values and culture. Alphabet games wants to increase the small games and survive the big profitability The Developers are struggling to control escalating costs, technological progress and consumer demands and economic conditions all combined to challenge business models and strategic positioning.
An Analysis of Lincoln Electric Company’s Culture through Assessment of its Case Study After thorough investigation of the Lincoln Electric Company’s (LEC) Harvard Case Study, certain understanding and reflections may be made about the company’s culture from a multi-faceted perspectives such as the visual aspects of culture and its maintenance dynamics as observed in the textbook’s Chapter 8. ( Carpenter, Taylor, & Erdogan, 2009) Continuing Influence of Founders at Lincoln Electric It is easily evident from the case study that the diverse aspects of LEC’s operations --- from investors, employees, and customers to how the senior management conducts and approaches its business --- all reflect the philosophy, vision, and ideals of its founders:
An organisations culture is a reflection of its identity. How employees act and talk about the business reflects on Boost Juice’s brand imagine (Chron,2016). Looking at Grace for example, Janine said that she reflects the youthful Juice Boost culture. Having a positive motivated manager will reflect on the whole team and inspire them. When Tina started cutting back her hours as a manager at her store in Perth due to health issues, the stores figures went down, proving that the team follow the attitude and effort put in by the manager.
It will help the company to achieve both its financial and social objectives. The strategy has to match internal competencies with external opportunities in such a way that Tesla achieves its mission while striving towards its vision. (Chandler, 2013) The vision of a company explains where they are headed and what values are important.
Apple Inc. embraces diversification strategy as a means of promoting its viability in the market. Largely, the creation of the three products lines compounds the sources of the company’s income. In fact, the company does not rely on a single source of income because the product design belongs to different categories. This strategy cushions the business from suffering risks of associated with depending on a single business. According Hitt, Ireland, and Hoskisson (2014, p.135), the benefit of handling many products is that when one product fail or does poorly in the market, the business is would shift its attention of the best performing products.
Organizational Culture Assessment Executive Summary Organizational culture denotes a set of values, artifacts, beliefs, assumptions, and norms that emerges from the interactions of members of an organization. It is a generic term used to signify a host of behaviors that connote general operating norms of conduct for a corporation and the framework against which organizational effectiveness is evaluated. The aim of this paper was to examine the cultural values of Baxter Healthcare Corporation and report on how the company’s organizational culture affects the way it operates and perform its objectives. Moreover, by using information regarding Baxter’s corporate culture obtained through a face-to-face interview with Baris U. Agar, Ph.D. – a senior
Executive Summary Apple has always surprised the world with its innovation starting from the invention of computer circuit board of Apple I in 1976 to world’s most successful personal computer and electronic device manufacturer. They brought revolutionary changes in user experiences in using personal computers and currently smart devices. The company was always under the supervision of visionary leaders and effective strategies applied by them made the Apple what it is today. The company faced several ups and downs during its operating timeline and remained successful in sustaining their position in the market as a leader. The Harvard Business School Case study of Apple Inc. focuses on the growth and strategic management of the company accordingly.
One of their key strategies in meeting this goal is a focus on customer service in order to create an experience for its consumers. Another one of their strategies is to ignite their emotional attachment with consumers. They also have
Customer satisfaction is at the core of their actions in every step of their supply chain. The company offers different products in their stores, letting the customers decide whether to consume them
Superior quality and innovation are important to achieving superior customer responsiveness. The ability to satisfy the needs of your customers will allow for your company to stay ahead of your rivals. Customers will be more likely to choose a company if they feel like their voice or opinion is being heard. Another part of this building block is the customer response time. Customers want their products quickly, so ability to deliver the product or service at a quicker rate is important.
1.1 Background of the case The chosen company is Lenovo Group Limited which is a multinational technology company that is headquartered in Beijing, China. Established in 1988, Lenovo is the largest information technology enterprise in China, engaged primarily in the sale and manufacturing of personal computers, mobile telephone handsets, computer servers and printers, in China. It has been the market leader for seven consecutive years, commanding a 27 per cent share of the domestic PC market in 2003. It is also the market leader in the Asia Pacific region (excluding Japan), with a market share of 12.6 per cent in 2003.
UNIQLO, 66-year-old Fashion and Retail industry was established in 1949 in Japan. It is a wholly owned subsidy which was bought by Fast Retailing Co Ltd since November 2005.With its head quarters in Tokyo it has managed to expand its clothing business in fourteen countries globally. An article from the Business Insider says that this Japanese chain has become the envy of retailers worldwide. It started in 1949 in Hiroshima as “Unique Clothing Warehouse”. The words were later joined to make “UNIQLO”.