Supply Chain Segmentation Analysis

Firstly, the fierce competition due to globalization has severely affected the way companies operate in today’s business world. They need to respond faster to changes and be ready to satisfy the rapidly changing needs of their customers. Secondly, the quick pace of technological improvementshas made it impossible for organizations to keep up with all this technical expertise required. Finally, companies nowadays are expected to be in the forefront producing technical, complex products to meet their clients’ needs (Hopper, Northcott&Scapens,

Today’s stakeholders want more accountability. The debate over Corporate Social Responsibility (CSR) has shifted from whether companies should engage in CSR to how to make substantial commitment to CSR? The added pressure from stake holders has increased as accountability plays a key role for the demand for favourite brands grow. Consumers are more demanding than ever. Safeguarding the brand image and corporate reputation has become important as markets all over the world have become very competitive and image has become more vulnerable.

The more complex the product portfolio EMC offers becomes, the more expensive it becomes to train each salesperson, to offer the information on the web 2.0 platforms, and to compete with other businesses in the marketplace. This is because a smaller, but more focused competitor can dedicate all its resources and knowledge to providing very specific products and customer service. This could be difficult for EMC to keep up with because they have such a large operation that they might be a bit slow to change and adapt to the competition. While a customer centric business model is critical to EMC’s success, it can also be cumbersome to the company’s ability to change and adapt. There is a concession to this argument that a more customer centric employee will be able to better serve the customer in a shorter time frame and actually offset the cost of the training by being able to serve more customers in a shorter time period.

Blanchard et al. (2007) has suggested that the reason for this approach is that the world of business is rapidly evolving and that the work required of organisations is constantly changing and become more complex. Therefore many organisations prefer to have a team of multiple people to cope with demands of change and to support the level of knowledge required.

1.3: An assessment of the challenges of leadership and management practice. There are so many challenges to leadership and management to achieve their goals for organisation, The search for better and more efficient ways of utilizing people ,s knowledge and skills in providing services has become a must a handle challenges , there are a lot of challenges for every organisation face by leadership and management, so what are the profitable method used by leadership and management for that challenges to achieved their goals for an organisation . Globalization: Through globalization the organisation will search to expand for new market and to remain competitive to reduce risk and make profit and find more talent in the new market. there

Organizational Structures: Matrix vs. Line Due to the increasing complexity and dynamic conditions of global markets, multinational companies such as Telia Sonera need to design more responsive organizational structures to meet local market needs across various geographical boundaries while maintaining the ability to capitalize on global economies of scale. The traditional hierarchical line structure with its advantages of a clear line of authority and responsibility, unity of command and distinct accountabilities tends to create efficiencies in simple markets, but it does not support the required agility and fast responsiveness to compete within the context of today’s unpredictable and unstable business conditions. Decision makers within complex line structures are often detached from local operations and hierarchical rigidity can create bottlenecks that slow down information flows and decision-making.

For that reason, one of the world’s leading retail organisation Zara particularly focus on their organisational resources in order to get the competitive advantage over their competitors. Some of the key organisational resources of Zara are demonstrated below: Market-oriented Strategy However, in the retail industry the competition is very high that is why the customer is considered as a king for them and they have to make them loyal as much as they can for the reason that they will not move to other brands quickly. Moreover, by focussing on customer‘s requirement and likings, reinforced by its operational approaches and Zara shows their assurance towards their precious clients. For that reason the customers of Zara‘s are quite loyal that help them to reach better position in the market (Finney, et al., 2008).

But they are also fraught with risks, which add complexity to supply chains. Supply chain disruptions can move a company from leader to laggard in short order: risks that include volatile energy costs, product quality issues, and even natural disasters. Successful companies develop risk mitigation strategies and use resilience as a competitive advantage. Third-party logistics help companies develop and implement these strategies although the industry is increasingly vital to the domestic and world economies, there is no single, legal definition of TPL, sometimes called logistics outsourcing. Generally speaking, though, TPL is the business of managing various elements of the supply chain via contract or outsourcing.

Similarly, it is also essential to assess the feasibility of the constructed business strategy to determine whether it can be implemented to new product concept development successfully or not. It depicts that for Marks and Spencer the proposed business strategies in reference to new product development must be scaled. This process is started while idea generation and financial planning as well as continue to the process of implementation. Here there are number of aspects that are necessary to take in consideration such as company should make sure can the developed business strategy be funded, organisation have the capability to meet the required level of performance in terms of products quality, store services and other. At the same time, it is also essential for Marks and Spencer to determine the marketing and management capabilities needed to maintain the achieved market and competitive position.

1.1 INTRODUCTION Globalization has produced a profound effect on national and international systems of commerce, education, and governance. The competition and rapid technological development demands for the transformation at economic, education, political and organisation level. Due to the complex and interdependent global challenges, such as economic and technological development, today’s business environment is becoming more complex, uncertain and competitive. This has brought to the foreground a wide cluster of skills to cater to the changing demands, whereas for decades, the main focus of the industry was on what is known as hard skills. All types of organizations consider human resources as their key asset, which plays a critical role

Question 2 Advances in technology drive a great amount of the change that occurs in business organizations. The competitive advantage in today 's business environment includes staying on top of technological advancements that impact your industry. Business strategies that include acquiring new technologies should be guided by best practices that consider the impact on the firm, customers, employees, vendors and other stakeholders. Dream Destinations has too many odds against them in such a competitive market and so technological changes must be implemented if they wish to satisfy their shareholders. Dream Destination goals must be revisited.