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Limitation and benefit of strategic management
Limitation and benefit of strategic management
Strategic management question and answer
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1. Objectives
The objectives of the report are to:
- Analyze and compare the strengths and weaknesses in management practices of Hewlett-Packard (HP) and Lenovo;
- Analyze and compare the strengths and weaknesses in other business practices of Hewlett-Packard (HP) and Lenovo
- Recommend changes in management and other business practices toward effective performance for Hewlett-Packard (HP) and Lenovo
2. Analysis and comparison for HP and Lenovo
According to report 1, Hewlett-Packard (HP) Development Company is an American global information and technology company while Lenovo is a Chinese multi-national information technology company.
In this chapter, the strengths and weaknesses in management and other business practices of HP and Lenovo will be analyzed and compared.
2.1 Compare the Strengths in management practices
In this section, strengths in management practices of HP and Lenovo, such as leadership, motivation, human resources management, information technology, communication and culture & diversity, will be discussed and compared.
Strengths are the positives areas or characteristic attributes which provide a momentous market benefit.
(a) HP
The strengths in management practices of HP are listed as below:
(i) Offering good benefits for staff
HP offers many good benefits to its staffs, including bonus, fringe benefits, occupational insurance and especially the contract of service. Every HP staff would not be hired forever (Hewlett-Packard n.d.; Perng & Yang, 2005).
(ii) Attaching importance to staff development
HP invests several million US dollars in staff training every year (Perng & Yang, 2005).
(iii) Positive recognition
HP encourages staff by oral commendation from managers in every info...
... middle of paper ...
...mance.
Between HP and Lenovo, report 1 and report 2 (this report) had already discussed the business background, organizational structure, management practices and the areas of strengths and weaknesses. In these two reports, we can find that they have similarities and differences in management practices, strengths and weaknesses. To analyze their success and improve their performance, the approaches in management and organizational behavior are used.
Report 1 and report 2 provide me an opportunity to analyze and examine the management and organizational behaviors on IT companies’ operation and performance. HP is like an epitome of a country in which people are the basic elements for forming a country. That is, HP is people-oriented, especially it staff.
In my opinion, HP and Lenovo will become more successful than now if they can overcome the present weaknesses.
According to Brad the characteristics of management that contribute to success can be broken into six categories. The first one being a...
A Review and Assessment of Its Critiques, Journal of Management, SAGE. Viewed on5th April 2011, at http://jom.sagepub.com/content/36/1/349.full.pdf+html
The company that the author has chosen to compare his own organization with is the Toyota motor company. The Toyota Company has become a renowned leader in the area of quality management. Toyota’s theory of “keep it lean” has kept the company running at a level that eclipses the industry standards.
The principles that were ingrained in the culture since its formation in 1914 have made the IBM Corporation one of the best managed companies in the world, with the values being “respect for the individual, the best customer service, and the pursuit of excellence” (Cummings & Worley, 2015, p. 561). These cultural values and principles are a basis for how management feels that employees and others within IBM should behave in regard to customers as well as providing the excellent products and service that IBM has been known for over a century of their existence. Culture in an organization, from the smallest to the giants in the industry such as IBM
This summary report will provide an overview of the decisions we made as a team, the strategies we used and an evaluation of the final results. This report will also reflect on the learnings on how to successfully manage an organization.
Whether or not a company is attains acclaimed success lies not in the fact that it spends huge amounts of money on Research and Development, rather, and as stated by Bauer and Erdogan (2010), success is determined principally by the people within hat specific organization; they are the assets whose output resonates wit he company’s success. However, while this is an established fact, it is also important to state that both the organization and the people who constitute it mutual impact arriving at collective success. Therefore, as Bauer & Erdogan (2010) continue to assert, it is necessary to understand how people relate at work both at the individual and group levels, and how the organization is impacted by this interrelationship. This is what Bauer & Erdogan (2010), define as organizational behavior. It informs on what is wrong, and what is correct; essentially assisting one as an employee become ore engaged in work. Leadership or governance is one of the constituent components of organizational behavior. More often than not, it is usually associated with power, ethos, and cultural inclinations of the organization. This paper seeks to examine in-depth, management problems associated with leadership and governance at Hewlett-Packard and how it impacts on the company’s organizational culture and behavior.
Robbins, S. P., & Coulter. M. (2014). Management (12th ed.). Retrieved from: Colorado Technical University eBook Collection database.
of a firm to attain new forms of competitive advantage (Müller, 2011). It is due to these
Dell Inc. weakness was cell manufacturing because their assembled computers were being shipped five to six days after the order was placed. It is an inconvenience for the customers to always send their computer away to have it repaired. First, they are left without internet access. Second, the time it reaches Austin, Texas, have it repaired, and shipped back can take days. The company opportunities were the Dell U.K. that open business in 1987 and in that country it was a lot of companies selling cheap computers. Dell Inc. strides on loyalty among customers and employees, and that could only be derived from having the highest level of service and performing products. Segmentation within the company enables them to measure the efficiency of the business in terms of assets use. Dell Inc. evaluates their return on invested capital in each segment, compare it with other segments, and target what the performance of each should be.
...M. E. (2008). Competitive advantage: Creating and sustaining superior performance. New York: Simon and Schuster.
In 1984, the same year that Compaq introduced a PC that included Intel’s new and more powerful 80386 class of microprocessors, beating IBM to market and Michael Dell began building IBM compatible computers in his college dormitory, Lenovo was form as a shop in a small concrete bungalow in Beijing with a mandate to commercialize the Academy’s research and use the proceeds to further computer science research.
Usually Managers have the role to manage the company’s performance; therefore they must be trained professionally in the field of administration management, Project Evaluation and Maintenance management. The must also be well versed with the adhering to the objectives of performance management in a given company or a business organization. On the other hand, employees of the same organization must be sure and certain of their duties and roles. Certainly, they will work with an aim and focus to achieve specified goals of the company. An organization with suitable management acquires many professionals with appropriate skills and knowledge. On acquisition, the firm will have expectations towards achieving high standards performance across systems management. Such professionals will always work at the best interest of the company, with skill and care and they will go ...
In my discussion, the main types of organizational strategies and structures will be listed and how they have impacted on Unilever’s improved performance and growth in recent years.
In 2010, because of its innovation strategy and acquisitions, Lenovo became one of the world’s largest PC producers by having achieved a considerable market share (Lenovo 2013b).
CPS Energy, the largest municipally owned energy provider in the nation, was basking in its present bond ratings (which were the highest among all the energy providers), contented workforce, generally satisfied customers and profitability. However, they noticed that there was a huge difference between their business operations and other companies who had large mobile workforces like their...