Monday, February 3, 2020

Strategy implementation and context Case Study Example | Topics and Well Written Essays - 2250 words

Strategy implementation and context - Case Study Example This strategy should be supported by a different structure that would carry on the fulfillment of various responsibilities and tasks to achieve the organization's objectives. However, in implementing a chosen strategy which requires restructuring within an organization, various strategic human resource management issues should be addressed. In the case of VSM, where the recommended strategies are to induce inorganic growth and to consolidate fragmented markets through acquisitions, potential barriers to the implementation of these strategies are discussed below. Capacity talks about the ability of the environment of an organization to promote growth, which is measured through relative abundance or scarcity in the market. In the case of VSM, researchers suggest in their recommendation acquisitions in the market in order for the company to strengthen its presence, due to scarcity of resources. There is little growth in some parts of the market that it needs to be consolidated for VSM to maintain profitability and acquire new resources for its expansion goals. Stability and dynamism is what the volatility dimension is about-the degree of instability in the environment of the company.... The third dimension is determined by relative homogeneity and dispersion of elements which make an environment either simple or complex. VSM operates in a relative heterogeneous environment with dispersed elements, given that its sewing machine production is coupled with the changes in technology, which we all know is more rapidly-changing. When it incorporates information technology in its offering, the company becomes subject to changes in technology in the market place. Also, the company faces relative threat of new entrant as competitors that fight in terms of costs. All these comprise the complexity in VSM's environment. P&G P&G is in the business of fast-moving consumer goods-as it offers a diverse range of products that consumers use and consume in their daily lives. From abundant to scarce--the amount of resources that are available to the organization determines the degree of an organization to sustain growth; this is the capacity dimension of the organization, as Robbins has put it. The fast moving consumer goods is an abundant environment for P&G, as basically as the people in the world are consumers. The world market has a lot of opportunities in terms of untapped market where P&G can offer the vast range of its products. In terms of volatility, the second dimension in the environment which Robbins described as the degree of instability in the environment, P&G's surrounding environment is relatively dynamic. From stable to dynamic: the degree of high unpredictable change a company faces makes forecasting and testing various probabilities becomes imperative for managers when making decisions. The 'consumer' factor, or the

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.