Monday, December 16, 2019
Organizational Impact Paper Free Essays
The purpose of this paper is to show how to evaluate the impact on innovation through strategies, processes, products and services through three different organizations. The organizations evaluated are Wal-Mart, Barnes Nobleââ¬â¢s and the University of Phoenix. As a manager of the in original and companies, it is important that several companies find a system to pursue accordingly and maintain the focus on remaining competitive. We will write a custom essay sample on Organizational Impact Paper or any similar topic only for you Order Now Consumers of all three businesses will profit from innovated options such as keeping the cost of products and services at a lower cost and by offering better options for a price which will enhance savings. Wal-Mart Wal-Mart values the impact on innovation through the quality of the product they sell to the customer. Wal-Mart makes sure that the customer is satisfied with the services rendered. By making sure that the quality is there for the products they sell the latest core principal will make sure that this continues. These core principal deals with the partner ships established with company so Wal-Mart will have good quality products to sell to the customer. By having these core principal the organization will be able to stay open because of the dedication they have to the customer. In order for the Wal-Mart to have these core principal take effect and have customer service improved to customer delight. Wal-Mart organization will have to implement a customer satisfaction survey line. This will have each store accountable for the services being provided to the customer. If the customer is happy for the service being provided the customer can call the hotline and let someone know about their situation. This will give a good learning tool for the store and local stores to improve on the situation that has happen so they can avoid it in the future. The way this can be enhanced is by having area coaches look in to the situation and ask what can be done better. By knowing and understanding the problem people can learnà from it and teach the associates how these mistakes were done and what was corrected. This type of quality planning will move the company forward and not be left behind. Barnes and Nobles The Barnes Nobleââ¬â¢s impact on strategy is to take advantage of the technology that improves the quality of the companyââ¬â¢s infrastructure, products and services may have risks associated with. One possible risk can be the data privacy and information security (Barnes Noble, 2010). Consumers may now buy books or e-books through entering their credit cards or bank accounts online. Another risk can be the consumer spending patterns. The consumersââ¬â¢ demand for products may be low, and can therefore result to decrease in sales and net income of the company. Competition can also be a risk associated with the initiative. For example, Amazon also has a product similar to Nook, which is the Kindle e-book reader. However, Barnes Noble also has products that no other company can offer, such as the amount of free e-books that the company offers to those who purchased their products. As long as these risks, initiatives, and the financial planning are effectively managed before a problem occurs, there would be a greater success in implementing the strategy of the company. University of Phoenix The University of Phoenix impact on strategy, process, product, or services in the education service over 22 years; they offer an array of classes with flexible schedules. An individual can acquire an Associate, Bachelor, or Masters Degree, and Doctoral degrees to certification and single courses. Another advantage the university offers is smaller online classes opposed to larger in class classrooms. The University of Phoenix hires faculty with real-world experience, and degree programs developed on relevant and effective learning for a quality education. The university is convenient for many students offering online and evening classes making it possible for those who work to have a chance to complete their education. The University of Phoenix is one of the nationââ¬â¢s largest private universities located in Phoenix, AZ with more than 200 university locations worldwide. Classes are online for individuals with a schedule that wouldà conflict with the campus class schedule, or for anyone that just wants to obtain a degree online. The university is online in most countries around the world that makes for a diversified classroom setting. The online classroom offers easy access to the online Library, grammar, spelling, and writing aides. Above all the classroom comes to you right on your computer, and you can do the online classes in the comfort of your own home while sitting in pajamas. The tuition for the universities online program versus college campus does initiate a higher price for a credit hour. The cost is justified with the cost of high technology, and the infrastructure. The university uses the profits made and re-invests it in the infrastructure to improve the online interaction. An individual is also able to apply for student loans, check on grants, and check with the school for any reduction in tuition fees. The University of Phoenix is consistently doing online advertising with side window ads grabbing an individual interest with the ad stating the question ââ¬Å"Would you like to go back to school, and earn your degree? You may be able to go for free.â⬠The University of Phoenix advertises on the television from time to time, and on the car radio with commercial ads. The university receives several referrals from university alumni, and from students who attend classes working on a degree. Word of mouth is a very powerful advertisement among friends and family then they go and tell their friends and family making word of mouth a powerful way to advertise. The University of Phoenix has grown into a large for profit educational institution although they had problems in the past they are slowly coming back from these unfortunate times. The university in the past has chosen many marketing strategies, and competing as a For-profit educational market. Segmentation of potential target markets such as consumers, business, and international is a very important process because not all the segments of a market are effective in a businessââ¬â¢ needs. Here is where the evaluation of the market segment size and growth, structural attractiveness, and company objectives and resources will require analyzing carefully by management. Conclusion Throughout the past decade, innovation on several organizations has shown a profit with an abundance of success to many customers and owners. The originality of the improvements is performing very well as the customers and owners are quite pleased with the outcome. The consumersââ¬â¢ demand for products may be low, and can therefore result to decrease in sales and net income of the company. Competition can also be a risk associated with the initiative. How to cite Organizational Impact Paper, Papers Organizational Impact Paper Free Essays Organizational Impact Paper University of Phoenix Cathy M. Espy-Cook OI/361 Innovation, Design, and Creativity for a Competitive Advantage John Fleharty December 6, 2010 Organizational Impact Paper The impact that innovation has on an organization is significant. Defining what innovation, creativity, and design are to and organization and the impact it can have on an organization. We will write a custom essay sample on Organizational Impact Paper or any similar topic only for you Order Now When an organization looks at innovation the company should be looking for a new way to do something.To expect change in innovation cannot be avoided in this changing and competitive world of business, changes will always be necessary to stay competitive. The three organizations I have chosen are Southwest Airlines, IBM Corporation and Motorola Company let see how innovation impacts these organizations. In 1971 an airline company named Southwest Airlines was born. The company stated with very little money but had some fame. Some of the advancement that made Southwest Airlines popular is their lower fares, the frequency of flight availability and on time arrivals, and an outstanding safety record.Southwest was always thinking innovation some years back southwest was thinking of the future and ways to keep their airlines in the forefront in the airlines industry the airlines purchased jet fuel at a lower price for future use, this was smart innovative and creative thinking on their behalf. ââ¬Å"Tickets less travel, use of the internet, booking amp; tracking trips through the website are the other innovative policies that ease the business operation of the companyâ⬠(Brainmass, 2008 pg. 1).Southwest Airlines has managed to be innovative on a couple of fronts the organization has developed a strategy to offer low fares and it has helped to streamline the operations. Another example is that Southwest uses only one type of airplane that is the Boeing 737s all the planes are indistinguishable with the flight instruments, ââ¬Å"this saves time and money by simplifying training. Pilot, flight attendants, and mechanics only need to know procedures for a single model of Boeing 737â⬠(Brainmass, 2008). Furthermore, as the country has faced some rough economic times especially is the airlines industry Southwest has managed to remain at the top in sales, customer service, lower fares, and on time arrivals. Southwest has purchased newer aircraft and aviation technology to improve performance and reduce overhead cost. Motorola was born on September 25, 1928 by Brothers Paul and Joseph Galvin the original name of the company was Galvin manufacturing Corporation in Chicago, Illinois. Motorola has been committed to innovation in communicates and electronics for the past 82 years. Their impact has been enormous.The company has been a solid innovator in the area of mobile communications. Motorola innovative impact has led to untapped opportunities all over the world. With the broad range of expertise in engineering and technology the company has certainly become and innovative leader. ââ¬Å"So the company also takes the advantages of the new technology innovation in order to improve the efficiency and quality of the products. By utilizing the efficiency of the workforce, the company can posses the highest quality products and control over the 45% industry all over the worldâ⬠(Brainmass, 2008, pg. ). In Motorolaââ¬â¢s case the external factors are important in their innovative impact, their opportunities and threats can depend upon the external strategy that is in place. These factors can change in accordance with the change business environment, the competition and the various innovations that the company has in place. It is vital for Motorola make changes in their strategy plan and do it according to the changes that take place in the external environment. IBM International Business Machines Corporation has been a leader in the computer technology industry since the 1950s.The innovative impact that IBM has had since the 1950s has been significant and creative. Their computer innovations cover hardware, operating systems, and various applications, (for example) in the 1960s IBM developed COBOL it was one of the first and most popular language until the 1980s. By 1981 IBM introduces the personal computer with the Intel 8088 processor, which is in use in the majority of personal computers today. IBM provides elite innovation services and products to its clients. â⬠IBM innovates with Eamp;TS to hold a new innovation standard called Innovation Networks i. . a new market ecosystem that allow firms to merge effortlessly. By tapping Eamp;TSââ¬â¢ Innovation Network services, firms can reduce product development costs- Clients can save costs by leveraging IBMââ¬â¢s existing IP instead of designing from scratchâ⬠(Brainmass, 2008. ). This method helps to decrease the time-to-market and the methods and processes that Eamp;TS uses such as six sigma and integrated product development helps the clients with his or her product development and reduces the snags and increases time-to-market. Gain on demand access to critical IP and specific engineering skills- Since, electronics and software are increasingly used in cars, planes and telecom equipment, OEMs need to make up for the lack of in-house expertise in chip design or embedded software development through IBM expertiseâ⬠(Brainmass, 2008. ).References Sharma, A. (April 7, 2008) Brainmass retrieved from online on December 5, 2010 http://www. brainmass. com/instant/? id=3b2fbc053645893ed528211454373ab1amp;action=viewamp;posting_id=174980 How to cite Organizational Impact Paper, Papers
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