Creating A Good Product Strategy And Investing On...

Competing in a DataConomy world For most companies, competing is not a matter of just creating a good product strategy and investing on delivering high quality and consistent output: to successfully satisfy customers (internal or external), gain market share, increase profitability and grow the stakeholders value, companies need to unleash the power of each data point that is collected or affects the Supply Chain, the Market and the Resource Providers among other environmental players. Most companies understand the value of information and constantly call out the saying â€Å"Knowledge is power†; however, efforts normally stop on getting few transactional reports and a handful of scorecards without truly creating an organizational culture†¦show more content†¦The success of Microsoft strategy has allowed the company to constantly increase its market share, shareholders value and, ultimately, its growth in this competitive environment. However, Microsoft is not alone; similar giants such Google a nd Amazon constantly delivers new products in the BI space. This market dynamic has created in the last years a culture of BI that is only possible by the advances in technology, analytics frameworks and fierce competition. There is no doubt on the existing capabilities to consume data, transform it into insights and distribute it among the relevant business processes within the organization. Microsoft, Google and Amazon had created powerful tools to help organizations and teams to achieve what Davenport and Harris (2007) called Analytical Competitors, the highest level of the Five Stages of Analytical Competition. Subsequently, the topic to elaborate in this white paper is not about the existence of Business Intelligence capabilities or the access of Microsoft to them, but the usage of such capabilities within the numerous teams and business processes within Microsoft. Usage of Analytics as a competitive strength for Microsoft Thanks to its line of businesses, Microsoft has a privileged position to compete on analytics: the company creates the products adopted by many other organizations to compete on analytics, to have access to vast amounts of data, to understand how to store,Show MoreRelatedSix Sigma in the Contemporary Business Environment3430 Words   |  14 Pagesrecognize the quality of products or services, rather than just looking at the price. As competition between organizations grows more intense, many different factors and dimensions would be considered by the customers when they are going to measure the quality (Stevenson, 1999). In order to remain competitive among those rigorous competitions in the dynamic changing business environment, organizations have to maintain and enhance the quality of the products or services being delivered. â€Å"Quality is consistentRead MoreMarketing Techniques Used By Birla Sun Life And Hdfc Life Essay2977 Words   |  12 Pagescommunicating the value of a product or service to customers, for the main purpose of selling that product or service is known as marketing. The science of choosing target markets through market segmentation and analysis, and understanding consumer behavior while providing superior customer value to the customers is termed as Marketing Management. It can be looked at as one of the most important of the organizational functions and a set of processes for creating, communicating and delivering the value to theirRead MoreMarks and Spencer Financial Principles3125 Words   |  13 PagesIntrodruction Plc (Mamp;S) is an international retailer which is currently operating in 34 countries and has established over 600 UK stores as well as over 219 franchise stores. Mamp;S sell high quality, great value clothing and home products as well as outstanding quality food. Around 21 million customers visit our stores each week and we have 78,000 employees across the UK and 42 territories globally .The company trades in clothing, home furnishings and foods. The company’s corporate objectiveRead MoreCadbury and International Business5868 Words   |  24 PagesOverall Culture 8 International Trade Operations 10 Strategy and the Firm 11 Value Chain Activities 15 Primary Activities 15 Support activities 17 Value creation 18 Location Economies 19 Core Competency 20 Organizational Architecture 21 Organizational Architecture 21 Corporate Culture 21 Structure 23 People 27 Incentives and Controls 29 Competition, Strategy and Structure 30 Organizational Change 31 Entry Strategy and Strategic Alliances 32 Recommendations 35 WorksRead MoreMondi: An International Packaging and Paper Group2995 Words   |  12 PagesStrengths 3 Weaknesses 3 Opportunities 4 Threats 4 CURRENT MARKET SITUATION 5 Market State in the World 5 Branches in Other Countries 5 IT POSITION 6 IT SYSTEM OF THE ORGANISATION 6 System Risks 6 Security 7 Recovery 8 FUTURE STRATEGY 10 CONCLUSION 11 REFERENCES: 12 COMPANY HISTORY According to Mondi Group website, 2013, Mondi is an international packaging and paper Group, with production operations across 30 countries and over 25,700 employees. Its key operations andRead More Mondi: An International Packaging and Paper Group2988 Words   |  12 PagesANALYSIS 2 Strengths 3 Weaknesses 3 Opportunities 4 Threats 4 CURRENT MARKET SITUATION 5 Market State in the World 5 Branches in Other Countries 5 IT POSITION 6 IT SYSTEM OF THE ORGANISATION 6 System Risks 6 Security 7 Recovery 8 FUTURE STRATEGY 10 CONCLUSION 11 REFERENCES: 12 COMPANY HISTORY According to Mondi Group website, 2013, Mondi is an international packaging and paper Group, with production operations across 30 countries and over 25,700 employees. Its key operations and interestsRead MoreTata Ace Case Study Solution3110 Words   |  13 Pagesfacilities i.e.-Roads Medium and high commercial vehicle industry has seen significant slowdown while LCV industry is still experiencing growth. To overcome the slowdown OEMs have started investing in more research in technology, design, innovation, increasing the reach and increasing the standard of aftersales service instead of investing in expansion of output facilities. Some international OEMs like Daimler (Bharat Benz), MAN motors, VE motors and Scania are Investing and expanding in India. InternationalRead MoreInformation Managemewnt6746 Words   |  27 Pages | | |8 | | 3.2 – Supplier Power | | |8 | | 3.3 – Threat of substitute products | | |8 | | 3.4 – Threats of new entrants | | |9 | | 3Read MoreA Critical Evaluation of Amazon’s Strategy, Strategic Choices, Structure, Systems and Culture7541 Words   |  31 PagesSchool | Amazon.com A critical evaluation of Amazon’s strategy, strategic choices, structure, systems and culture Authored by: L. Gounden, C. Hendrikz, R. Ligault, M. Louw, P. Mathopa, A. Omer, S. Patamadai V. Pillay Date: September 22, 2008 TABLE OF CONTENTS 1 Introduction 5 2 Q1. STRATEGY 5 2.1 THE EXTERNAL ENVIRONMENT 6 2.1.1 MACRO ENVIRONMENT 6 2.1.2 Industry environment 9 2.1.3Read MoreTata Ace Case Study Solution3116 Words   |  13 Pagesfacilities i.e.-Roads Medium and high commercial vehicle industry has seen significant slowdown while LCV industry is still experiencing growth. To overcome the slowdown OEMs have started investing in more research in technology, design, innovation, increasing the reach and increasing the standard of aftersales service instead of investing in expansion of output facilities. Some international OEMs like Daimler (Bharat Benz), MAN motors, VE motors and Scania are Investing and expanding in India. International