• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Strategy and Change

Extracts from this document...

Introduction

Strategy and Change Building an online knowledge network will have long-range impacts on the organization at several levels: ? At the level of human resource management, it will impact job descriptions and incentive structures. ? At the practice level, it will require new training, job evaluation, scheduling, and day-to-day task-management processes. ? And at the cultural level, it may profoundly influence the way the company is organized and branded. Purposeful online conversation affects the company's relationship with the marketplace and with the online public. If the company prepares well, these changes will work to the company's advantage. The risks of taking no action to improve the flow of knowledge and information within the organization and with its customers are becoming too serious to ignore. Change is a constant, but change today is more certain, swift, and unpredictable than ever before. The most direct way for an organization to keep up with external change is to use internal change to its advantage. It must increase its intercommunication by putting out as many feelers as possible to bring a collective view of the constantly shifting situation into the organization. ...read more.

Middle

Leading the Moving Target In both skeet shooting and football passing, the shooter or passer must aim not where the target is but where it is going. Strategy must anticipate where the organization's target goals will be by the time a product gets to market or a project is completed. The trick today, Mr. Malhotra warns, is that the strategy must also anticipate surprise. In skeet shooting and football, the clay pigeon and pass receiver are far more predictable in the timeframes of their seconds-long trajectories than the marketplace is in the timeframe of the business cycle. A clay pigeon travels in a smooth arc. A pass receiver runs an agreed-upon pattern. Only the exceptional skeet shooter or quarterback can compensate for the sudden wind gust or improvised pass pattern. Rigid, top-down strategizing has always assumed fairly predictable futures, but such an approach breaks down when the future is highly speculative. An intensively communicative and flexible organization-like an ant colony-is better able to detect sudden changes and to communicate appropriate adjustments in preparation or reaction. Effective strategy today must account for surprises in both the short and long terms. ...read more.

Conclusion

? Projections by Commerce Net show Internet usage in the United States rising to 75 percent of the population by the year 2005. Those numbers represent a steady increase in the number of Net-literate workers, consumers, and customers, many of whom will be conversing through online channels. Any intelligent business strategy must come to terms with the trend that more people and more of their communications will be moving online. Reference Bloor, Robin. The Electronic B@zaar: From the Silk Road to the eRoad. London: Nicholas Brealey Publishing, 2000. Bloor describes the brave new world in which an economy based on paper-based information is rapidly transforming into one in which the market, money, and its supporting information are all electronic. 2. Boyett, Joseph H., and Boyett, Jimmie T. The Guru Guide to the Knowledge Economy: The Best Ideas for Operating Profitably in a Hyper-Competitive World. New York: John Wiley & Sons, 2001. This is a valuable distillation of the wisdom of 115 successful business titans who describe what it takes to survive and succeed in this new global, knowledge-intensive, increasingly high-tech world. Peter Drucker, Seth Godin, Bill Gates, Alan Greenspan are among those featured. 3. Bressler, Stacey E., and Grantham, Charles E., Sr. Communities of Commerce: Building Internet Business Communities to Accelerate Growth, Minimize Risk, and Increase Customer Loyalty. New York: McGraw- Hill, 2000. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Computer Science section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Computer Science essays

  1. Computing Project

    TObject); This procedure Overdue Loans Form procedure TFmLoansOverdue.BtnActivateQueryClick(Sender: TObject); This procedure actvates the query to gather all the loans which are overdue. procedure TFmLoansOverdue.BtnPrintClick(Sender: TObject); This procedure is to print out the overdue loans list procedure TFmLoansOverdue.BtnExitClick(Sender: TObject); This procedure is to exit the form and return back to the main menu.

  2. Review of the article "Supply Chain Analysis at Volkswagen of America".

    The complexity and scope of the system made static analysis of limited value. So, the team of the study identified simulation as a potentially effective way to test the model and various scenarios of implementation. By the new potential model, the vehicles for sale would first be shipped to five US ports that would act like distribution centers.

  1. Computing Project

    Once all these are selected the appointment is made. Form Next lesson Booked Has a list of students and the date and time of their next lesson, so the instructor can check on this if he receives a query from the student. CREATION AND CUSTOMISATION OF THE DATABASE TABLES I created all my tables in Microsoft access; I then

  2. Processor Scheduling

    This processing method however has a very big problem. What is to say that every job that will enter the processor will be a short one? The problem is starvation for longer jobs. The only time the processor needs to reschedule is when a new process arrives in the ready

  1. Flexible Architectures in Communication Security Application

    The other algorithms do not, especially when configured in chaining block mode (as they were for these experiments). While there is some parallelism, it is fairly local for all the algorithms except RC4. A similar trend can be seen for address aliases.

  2. CP3 - Proposed Solution to a Realistic Problem - Apartment Administration software

    If the user of the system makes a mistake then it is likely they do not know about it. This could affect the usability of the system. * Confusing - There are so many parts to the system it can becoming confusing to use.

  1. Definition-nature of the problem solved - Car Mechanic business

    The most important of these are listed below 1. Calculations are slow and prone to mistake. 2. Large amounts of paper-based data are susceptible to being confused or lost as a result of over crowding information. 3. Security is of a low standard and there are no copies of data being made as backups.

  2. Who is Bill Gates?

    He then resold the product for profit. Keeping the rights, he got to receive royalties in addition to the sale price of MS-DOS. Even today, profits are still coming in from the sale of the original 86-QDOS.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work