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Four competitive strategies for Apple
Apple industry analysisi
Apple industry analysisi
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Technology is a big strength that ExSilent holds because they hold the Utility and Design Patent on the MaRic (microphone and receiver placement in the human canal). This technology is not only something that is wanted within the industry but outside the industry. This technology provides space for larger batteries in components which give longer battery life. It has also provided ExSilent to collaborate with industries outside the industry, for example; Apple. Providing an app that will allow a user to use the iPhone mic as a way to hear sounds far away through earbuds. Streamlined focused organization that reduces costs which significantly decreases the cost to the consumer. For example: all other manufactures have outside field representatives …show more content…
With the majority of profits going to technology the budget for other areas are low or nonexistent. Many manufactures will run commercials to the end consumer which will provide consumer awareness of the products carried by that manufacture. Unfortunately, ExSilent does not do this so it is by word of mouth that the consumer becomes aware of their products. The other area that ExSilent is weak is presence, what I mean by this is every other manufacture owns clinics one way or another. They either straight out purchased Hearing Clinics or gave money to the Audiologist to start their practice writing up a legally binding contract and in return the money is paid back by the Audiologist purchasing their hearing devices. So the big five manufactures actually own more than ninety percent of the clinics across the United States. When these clinics are owned by a manufacture, they are not going to be purchasing another manufactures aids to be fit and sold to the consumer. ExSilent not owning any clinics or not funding any clinics in return for aids only allow a small percentage of clinics that will provide ExSilent hearing devices to consumers making their presence …show more content…
Communicating with enthusiasm, welcomes new ideas from all employees, and responsible by holding himself accountable for his actions as well as action outcomes of delegated task to employees. ExSilent’s current leader has proven these strengths communicating accurately to all employees and having projects carried out and in return creating company growth for the last three years in double digit figures. As the leader, he took the opportunity to refocus the company from field sales to online communication making it turn into a benefit for the end consumer with the reduction of cost for a hearing device. Consumers that were not able to afford one now can. He was able to empower field sales employees that they had the ability to sell via Skype, Go To, and Virtual Office showing them they had the ability and skill to do so. This big vision of ExSilent’s leader to go from field sales to technology internet sales was done by him doing training with the sales staff giving them the confidence and ability to make it happen. The enthusiastic leadership brought change that paid off big, not only financially but giving employees the vision of where they belonged not and in the future. If more technology came that were to make changes in the company the organization felt they could follow that new vision. This cost communication, enthusiastic, and holding accountability of the roll out of the process to all
The current economic downfall has forced many organizations to strategically restructure and downsize. Broadway Brokers is not immune to these economic challenges and has been faced with competition from discount brokers and Internet brokerage services. Broadway Brokers position of holding the largest market share has been jeopardized by their slow reaction to the shifting changes within the industry. Broadway Brokers staff possessed strong selling and interpersonal skills however lacked in their knowledge of the high tech skills that had been inundating the market. The organizations lack of adapting to new technology and their absorbent overhead was threatening their profitability. The organization was faced with the need to restructure, consolidate, and implement employee layoffs in order to remain competitive with the current financial climate. Rumors of impending office consolidations and staff layoffs had existed for some time. However, the CEO commentary in a Financial Times article confirmed such gossip. In fact, decisions had already been made by top management to enact a structural plan that would severely curtail offices, close offices, and reduce the level of employees across the organization. Top management was firmly fixed upon downsizing and consolidation and was now relying on its management staff to come up with a plan to implement a transition. A dozen of the company’s most respected managers – everyone from assistant vice presidents to managing directors were join together to devise a plan for change (Jick & Peiperl 2003).
Our Company will be extremely successful due to the fact that we are concentrated on creating a product that will met our customers needs, wants, and demands. The fact that our prospective consumers do not have to continuously buy new batteries or recharge them is very appealing, not to mention that they will save tho...
Michael is a happy student who is working to improve his communication skills with his classmates. He is slowly making progress in his educational goals. Although Michael does show some frustration issues, he has shown great improvements and responds very well to praise, one on one attention, and immediate consequences. While Michael does need to be encouraged to participate in activities and independent work he is improving on these skills. However, he just needs an extra boost compared to most students.
In asking the consulting firm for assistance, President Paul Willard stated that the main issue within the organization was a “power struggle between people and departments.” This is precisely where the issues in both the sales and production departments are stemming from. After analyzing the situation, several issues can be pointed out in the sales department, the first being the leadership style of sales executive vice-president Ernie Lane, the second being the dramatic shift in the work force, and the third being the lack of motivation and compensation to maintain morale, satisfaction, and productivity. Most importantly, all the problems are
Leading Change was named the top management book of the year by Management General. There are three major sections in this book. The first section is ¡§the change of problem and its solution¡¨ ; which discusses why firms fail. The second one is ¡§the eight-stage process¡¨ that deals with methods of performing changes. Lastly, ¡§implications for the twenty-first century¡¨ is discussed as the conclusion. The eight stages of process are as followed: (1) Establishing a sense of urgency. (2) Creating the guiding coalition. (3) Developing a vision and a strategy. (4) Communicating the change of vision. (5) Empowering employees for broad-based action. (6) Generating short-term wins. (7) Consolidating gains and producing more changes. (8) Anchoring new approaches in the culture.
The communication strength of the company believes in improvement in the existing product and requirements for the new product.
In today’s ever changing world people must adapt to change. If an organization wants to be successful or remain successful they must embrace change. This book helps us identify why people succeed and or fail at large scale change. A lot of companies have a problem with integrating change, The Heart of Change, outlines ways a company can integrate change. The text book Ivanceich’s Organizational Behavior and Kotter and Cohen’s The Heart of Change outlines how change can be a good thing within an organization. The Heart of Change introduces its readers to eight steps the authors feel are important in introducing a large scale organizational change. Today’s organizations have to deal with leadership change, change in the economy,
Miller tried his best to make the electronic version of the hearing aid. The results weren’t as good as he expected they were horrible. The hearing aids only amplified 15 decibels at it’s most. Those 15 decibels weren’t good enough because the volume of a normal conversation is about 60 decibels and if one of the people is having trouble hearing the other person will raise their voice another 30 decibels.
These products have made life easier, safer, and more durable for the deaf population in the United States and out. With a proper education (as a child) costing over 100,000 dollars, blinking fire alarms, vibrating alarm clocks, flashing phones, toys, alerts, and hearing aids of any sort, the economy as had quite the growth. And with the deaf population growing supply and demand growing more companies are becoming deaf friendly. Even television has its Closed Captioning, which helps with the sale of television and is very popular. Thomas Gallaudet gave the Deaf the first look of a better future for them, and the many generations to come. Nearly everything they need are at their fingertips, and helps when they cross those whom something is wrong. “I’m deaf. I hate the word, ‘ I’m so sorry’, when I tell them I am deaf. Don’t be sorry this is who I am, and I’m happy about it”, this all started with a man who seen something that no other could or wanted see. He did something that he really didn’t want praise for
Understanding one’s strengths and weaknesses is essential to becoming and being a good leader. “Purposeful leaders understand who they are” (Mayfield, 2013). The author of this paper has had previous opportunities to lead, and will reflect on her experiences using the assigned inventory. She will evaluate her skill set and discuss ways she can be an advocate for change with the hospital and community in which she is employed. Lastly, she will identify one personal goal for her leadership growth and explore different avenues for obtaining that goal.
“Leading Change: Why Transformation Efforts Fail” is an article written by John P. Kotter in the Harvard Business Review, which outlines eight critical factors to help leaders successfully transform a business. Since leading requires the ability to influence other people to reach a goal, the leadership needs to take steps to cope with a new, more challenging global market environment. Kotter emphasizes the mistakes corporations make when implementing change and why those efforts create failure; therefore, it is essential that leaders learn to apply change effectively in order for it to be beneficial in the long-term (Kotter).
As John P. Kotter suggests in his article "Leading Change: Why Transformation Efforts Fail," not establishing a sense of urgency is a number one failure for leaders. Lacking a great enough sense of urgency, senior managers in Engineered Woods Division did not cooperate in moving the division from commodity to a specialty business and the efforts remained fruitless. This was a leadership issue that few members of senior team were motivated and passionate about the transition.
Strengths and Weaknesses Throughout the Mid-SEE I have written reflections on my writing and participated in group activities. I have received comments from my peers and suggestions to help with revising my paper. With the help of my professor, Professor Church and my classmates, I was able to comprehend their suggestions to me to make my essay better and by revising my classmate’s essays, I was able to point out mistakes that I might have made in my essay, which made me go back to my essay and check and see if I had mistakes that just flew by my eyes. I have come to understand what my strengths and weaknesses are in my writings. What I tend to do wrong in my papers is trying to get the topic to stay on the topic throughout the paper.
Pricing. Our product is priced lower than our competitors in our industry. Even though our competitors have a different kind of product compared to us.
The knowledge managers need to possess is technologically inclined and globalized. Effective management can enhance a company’s performance by contributing to employee and customer satisfaction, productivity, and development (Noe, Hollenbeck, Gerhart, & Wright, 2010). The first skill for managers to understand and practice is communication, because it is the foundation for all actions in the workplace and it allows the supervisor or manager an opportunity to build relationships with the overall workgroup without alienating anyone in the work environment (Roper, 2005). As a manager, it is very important to be able to communicate effectively. As Robert Kent, former dean of Harvard Business School, has said, “In business, communication is everything” (Blalock, 2005).