Identify The Company Issues
TopDog is a software company. The founder of the company is Ari Weiner and Mary Carpenter. TopDog opens customer relation’s management applications or (RCA) applications, which use in design engineering organizations. TopDog has a significant rival “FastData”, who is looking forward to going global. Thus, TopDog cannot stand in the primary position in The USA, but TopDog has to be a global player. Nevertheless, the company is not ready for global expansion since it lacks sufficient capabilities and resources, like managers with international experience. Besides, the cultural complexities and complex world environment are also becoming concerned issues that will directly affect the organization. Therefore, the TopDog software company still holds some shortcoming within the organization system and yet does not ready for the international market.
The Suffering Issues That The Company Encounters
The internal issues are human resources management and cost management. The company has lacked a potential manager with international experience who can design an organization for international expansion. The company also unable handles the high cost of forming the business in other territories.
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The external issues are the power of a rival, the cultural barrier and some relevant issues.
The company faces a new rival based in Norway, “FastData” who provides a new RCA package. Also, the rival is ready to compete with TopDog in both domestic U.S. and the global market. The following issues are the cultural complexities of language and cultural differences that will happen among the international market. Next, other relevant barriers are legal and government regulations in overseas. Additionally, TopDog has not yet experienced huge growth in the domestic market (USA) thus might be tough entering into global in as
soon. Specify The Causes Of Issues With the growth of the RCA software market, TopDog encounters many challenged issues. According to the case study mentioned, the company has a new competitor “FastData” who rather has a strong position in its market and going to expand market globally. Therefore, FastData will be soon cutting the TopDog’s market share in the U.S. Because of the high competition of RCA technology market, TopDog who has no power in the domestic market was forced to go global. Due to TopDog settle in the domestic market (USA), thus the company did not set up an international strategy in the organization. Classify Possible Solutions The possible solution is to apply motivations for global expansion, including economies of scale, economies of scope, and low-cost production factors that can push the company from a domestic to a global focus. In addition, using the international strategic alliance to expand globally, including licensing and joint ventures. Lastly, cultural differences in coordination and control will help the company organization. Selecting The Best Solution International strategic alliance in the joint venture and licensing will be crucial for the company to build networking of market share. Beyond expanding the market share, the company can share expenses in setting up oversea production facilities and a global sales and distribution network. These reasons will save the company’s cost operation, and the company can take advantage of the expertise of the foreign partners. Last but not lease, the company can still maintain RCA applications to their suite of products. Therefore, if TopDog follows the concept of international strategic alliance, it will have a strong position in the international market, instead staying at the same level.
The primary problem would be the structure of the organization. This due to the fact that there are thirteen departments in total: finance and accounting, human resource management, marketing, men’s clothes, women’s clothes, shoes, hardware and automotive, music including audio and video equipment, toys, home and garden, small and large appliances, sports equipment, and furniture.
Opinion: Why do you think Frank has confessed at this time? What is his motive? Has he underestimated his brother, or has he estimated correctly?
Moreover, Ansoff suggested some main direction that companies should follow to develop market and product conditions. The market development and differentiation strategies suggest that in order to increase sales, WRSX have to offer their services in new developing markets such as China or India. The strategy for market development gives the opportunity to expand their service in order to attract competitors' clients and to expand in unreached markets (Barry, Witcher and Chau, 2010). Potential solution could be acquisition of UK agency competitor to assist WRSX to enter new market quicker and smoother go through the barriers of entry such as government regulations and different culture.
KEY PROBLEMS: After analyzing the organization the following issues which need to be addressed have been identified:
The main problems that are affecting the company were the high level of labour turnover, below target production rates, high levels of scrap, the employees had little input in the decision making, therefore resulting in low motivation and job satisfaction, and didn't have enough feedback on there performance. Added to this was the conflict between the supervisors and employees in the production and packing areas, and the grading and payment levels wasn't satisfactory to the employees.
3. The contributing factors to their ineffectiveness were poor planning and leadership. The company grew to quickly. In their desire to grow and expand, the company’s senior management did not establish and follow ethical practices that would sustain the company. Controls were not established in key places, such as, accounting practices and principles. Senior management failed to appropriately manage the activities of lower level managers and set a bad example.
Organizational Change "The effectiveness of organizational change is greatest when a firm’s strategy is consistent with environmental conditions and there is internal consistency." (D A Nadler, 2003:204) The only thing that is constant in this world is change and this is widely acknowledged by many in the world, may it be a corporation or a social forum or a governmental body. What comes in this world has to experience change in the light of environmental elements and pressures and influences, internal or external. The study of organizational behavior gives that environmental factors are the political, legal, economic, demographic, technological, social and societal. While these are the external environmental factors that are and cannot be counted among the controllable factors for an organization, they do in fact influence organizational structure, policies and strategies. In turn, the internal environment of the organization, that is very much controlled by the management of the organization and comprises of the top to bottom managerial levels, the staff, the employees, the board of directors, the owners etc. this internal environment, is to a great extent the result of external environmental factors, the change of which results in the direct impact on the internal environment of the organization. As such in lieu of external environmental factors; change agents with in the organization tend to accept the change in their external factors and tries to bring about a compatible change within the internal environment of the organization. The effectiveness of the change that is being brought about with in the organization as a result of the changing external environmental forces is best when, as described by Nadler, the internal facto...
They outsourced and gave a quick training on project management for 50 employees (out of 300), some of which were place as part of the committee to create a project management methodology for the company. After two months of meetings, and mainly due to personal interests, three stage-gate models were created: information systems, new products/services provided, and one for acquiring new
When it comes to doing business internationally the decision making is more complex. There are many interactions between each country that need to be addressed. In order for a business to be successful in the international market they need to examine and analyze all the facets of their company. They need
Tip top is one of the greatest organizations in New Zealand. In a nation with the world 's best drain and cream, the purest water, the sweetest products of the soil flavours, it’s nothing unexpected Tip Top is the world 's best dessert – and it’s made right here in NZ. It found by two companions Len and Albert in 1936 and they opened a frozen yogurt shop in behaviour road, wellington. Tip top have their headquarter at Fonterra Brands (Tip Top) Ltd, PO Box 722, short land Street, Auckland.
Once Fastenal has obtained approval from Spain’s government to expand its operations into the country, the company has to develop a strategy to make the expansion happen. Global expansion strategy is developed utiling strategic alliance, exporting goods, and licensing. Since Fastenal’s hubs are in the United States, Canada, and Mexico, the company is already exporting their goods and licensing their products to stores in Europe, Asia, and Africa. If Fastenal builds a hub in Spain, they can take advantage of the country’s incentive of lower transportation costs. Fastenal could form a strategic alliance with Spain utilizing a mutually beneficial joint venure.
After completing my graduate degree, I joined Tata Consultancy Services (TCS), Asia’s largest software firm as an Assistant Systems Engineer. After a 3 month intensive training in software methodology and management skills, I joined a team which was building a Trading System for a Stock Exchange...
Consequently, the most important object to learn is that external factors, coupled with the internal environment factors have a decisive impact on the functioning of the organization. All factors are closely twisted and affect each other. The manager should be able to analyze all these factors together and without losing any of the mind and make the right
Besides that, also important to consider there is the difference in shipping costs from different ports, as it will change the “landed cost” of the item, and the retail price and profit margin. Then, Problems encountered in international business larger and more complex than the problems faced in the domestic business. In example, the manager of an international organization decides to reduce costs and maximize the value-added. They must decide whether it is ethical to comply with all labor and environmental standards are found to be lower in less developed countries. In addition, they must decide which one foreign market to enter and should be avoided. The domestic business manager was not affected by this factor directly, but they will be affected by the economic downturn of international trade.
Palvia P., Palvia S. & E. Roche (1996) Global Information Technology and Systems Management. Ivy League Publishing