1. Perform a PESTEL analysis of the IT consulting industry. Political Infosys is an IT consulting company based in India but primarily doing business with North American firms looking to outsource their IT needs. With the rise of the popularity in this form of business between the United States and India, there have been several political factors in both countries that will affect the way Infosys does business. In the US, President Obama made outsourcing a hot topic of his campaign platform. With speeches such as “Say no to Bangalore, yes to Buffalo” he is looking to provide incentives to American companies to keep all of their jobs on American soil, close tax loopholes and eliminate breaks given to companies that outsource to firms such as Infosys. On the flip side though, the US government is also looking to change immigration policies to restrict H-1B visas that would have previously allowed foreign skilled technical workers to be brought in to the US on work visas. While they won’t be eliminating them, they are seeking to restrict them which would force Infosys to hire employees from the US for any work they would be doing in the country and restricting the available talent pool. Meanwhile, the government in India is making changes of their own, particularly with reforming the tax code. To encourage the growth of the Software and Technology fields the Indian government had established significant tax breaks which are now coming to an end. In addition, they have
Widgets, Inc mission is to uphold company standards and by-laws as to the expectations regarding usage of company machinery or electronics, such as the usage of the Internet, sending and receiving facsimiles, printing of documents, business travel; and receiving gifts from outside sources are for company use only. Although sending /or receiving faxes is acceptable in terms of company usage no outside personal faxes are allowable during working hours, unless being used for training purposes, or when one is on their own personal time; unless otherwise given permission by a management team member. However, when using these electronic devices, it should be used in the best interest of the company’s policies and procedures, and should never be inappropriate, invasive, or harmful to the company; and those standards to which we uphold. Remember, here at Widget, Inc. we value our staff, colleagues, and vendors/supplier’s expectations, and never want to be out of character as to the companies’ policies and procedures that may be unfair to others; or harmful to our reputation as a business entity. We expect them to conduct themselves in a business manner always be respectful, professional, honest, fair, and trustworthy when applying; and/ or practicing our company standards in that of a collaborative environment.
The Vanguard Group, headquartered in Valley Forge, Pennsylvania, was founded in 1975 by John C. Bogle and has grown to become one of the largest investments companies in the world. As of June 30, 2016, the company has more than $3.5 trillion in global assets, with more than 20 million investors served by 14,000 employees, known as crew members. The core purpose of Vanguard is “To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success” (Fast facts about Vanguard).
Apple Inc designs, manufactures, markets its own products, creates media devices, computers, portable music players. They also provide complimentary services to their products with softwares such as IOS for iPhones and watch OS for Apple watch. (Money.cnn.com, 2016)
Tata motors have alliance with key players of the automotive market in the respective market. Fiat Company manufacturing the engines for Tata passenger cars.
In 2002, Scott Farquhar and Mike Cannon-Brookes have founded Atlassian and currently are the co-CEOs of the company. Atlassian is a software company and developer which design software development tools for collaboration in Australia. To help all the organizations realizing their own visions and hence work more collaboratively. One of the main software produced by Atlassian is JIRA Software, it is used for knowledge management, development workflow, continuous integration as well as real-time collaboration. (Atlassian, 2017)The second one is Confluence, it is a content collaboration software for teamwork. (Altassian, 2017) Now Atlassian has evolved into a company with over 1700 employees in June 2016.
a business venture. It involves specifying the objective of the business venture or project and
Telstra Corporation Limited is Australia’s oldest telecommunications provider within Australia, coming from a place of monopoly within the Market to limited competition, following a full privatisation of the company from government owned to market driven. Telstra positions itself as a leader in innovator and has shaped their company’s vision towards “doing for a customer what no one else has, with 1 click, 1 touch, 1 button, 1 screen, 1 step solutions that are simple, easy and valued by individuals, business, enterprise and government” (Telstra, 2014). This report will look deeper into the telecommunications industry and the market into which it competes, who the main players are and what Telstra will need to do to remain competitive.
The only means for the IT companies to maintain business and to have minimal losses was to transfer their services overseas to India. Nonetheless, many of the people who had lost their IT jobs saw this as a disadvantage since they were the ones who had to either find another job that matched their skills or had to obtain new skills. Along with this, they, along with the majority of the workforce, saw outsourcing as something harmful to the American economy and that it caused increase in cost (Easterls, 166). These outlooks are not necessarily true, however.
A SWOT analysis is an analysis based on the strengths, weaknesses, opportunities, and threats of a company. SWOT analysis is the first phase in gathering information for strategic planning (Wheelen, Hunger, Hoffman, & Bamford, 2015). A SWOT analysis plays a significant role in strategic planning because it is the discovery phase of what the company needs to succeed. It is a tool used to examine a company’s state of health and improve on its opportunities. It gives a detailed understanding on areas that need attention as well as areas that are striving. It also gives companies a clear view of the advantages and disadvantages they have over their competitors. A SWOT analysis was created for The Home Depot to get a better understanding of the company and its strategic planning.
One of CanGo’s major strengths is that roughly 80 percent of their sales come from Just-In-Time (JIT) inventory (“Financial Information,” n.d.). Having such a high percentage of their sales coming from JIT inventory allows CanGo to keep their overhead expenses low while still ensuring their products are still available. One of the ways that this lowers their overhead is by reducing the warehouse space needed. Since most of the inventory arrives just in time to be shipped, there is no need to have a place to store it. Keeping their JIT inventory at roughly 80 percent also helps CanGo to serve their customers faster and more efficiently by giving them more control over the manufacturing process. This control makes it easier to quickly respond to any changes in the customer’s needs (Conrad, n.d.).
SWOT has been used by countless practitioners, marketing researchers, and is a frequent and popular tool for business marketing and strategy students. Its simplicity and catchy acronym perpetuates its usage in business and beyond as the tool is used to assess alternatives and complex decision situations. In the business arena the grouping of internal and external issues is a frequent starting point for strategic planning. It can be constructed quickly and can benefit from multiple viewpoints as a brainstorming exercise. Typically, managers first consider internal strengths and weaknesses (at the top row of the 2 × 2 grid) which can include image, structure, access to natural resources, capacity and efficiency, and financial
Having the ability to make decisions based on the information that is received by using management tools such as SWOT and PEST allows managers to inform decisions regarding business strategies. This essay will discuss the usefulness and limitations of SWOT and PEST analysis in relation to Marks & Spencers and how managers may overcome any limitations and improve management decisions. M&S is an international company that was founded in 1884. M&S has a range of products and services for their customers that consist of food, clothing and home products that are respectively sourced from around 3,000 suppliers (Townsend, 2014).
As one of the most representative corporate player of the Indian economy, Tata group is a multinational company headquartered in Mumbai. It was founded by Jamsetji Tata in 1868 and nowadays comprises over 100 independent operation companies by being active in more than 100 countries in all six continents. The revenue of the Tata companies together was 108.78 bn in 2014-2015 with over 600’000 employees. Tata group companies have achieved global leadership in their business, e.g. Tata Communications, which is the first international wholesale voice provider (Tata 2015a). In order to keep the high ethical standards, Mr. Ratan Tata crafted a Code of Conduct in 1998. It constantly changes to align with the environment and guides the employees in doing business. The Corporate Governance is now depicted for the whole Tata group. In order to gain better insights in a possible collaborator or competitor to Swiss firms, the analysis then focuses on Tata Consulting, which works in the areas of consulting, services, IT services and business solutions. Tata Consulting is the largest IT software and services firm in India and the second one in the world with a revenue of about 15.5bn (TCS 2015a).
SWOT stands for strengths, weaknesses, opportunities, and threats (Ferrell and Hartline, 2014, p. 39). A SWOT analysis evaluates both the internal factors (strengths and weaknesses) and external factors (opportunities and threats) that create advantages and disadvantages to a company when serving its customers (p. 39). A SWOT analysis is extremely beneficial in helping a company determine areas of improvement (p. 39). Internal factors examine the actual company being analyzed while external factors examine the external market (customers and competition) (p. 85).
Operational excellence is important in delivering quality education using functional areas such as learn and grow, look after customer, look after share holder and the business process to excel which are assessed using a balanced scorecard for their performance. A quantitative technique used with the supported tools in the decision analysis process for making in a situation where uncertainty exists. Strutledge can perform decision analysis using simple excel or OM tools which is a quantitative tool that organizes into a payoff table. The SWOT analysis is a quantitative tool used in the decision analysis to access the impact of adding a new MBA and other Master of Science courses.