Preview

Running Head Strategic Management and

Good Essays
Open Document
Open Document
864 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Running Head Strategic Management and
Assignment #1 Strategic Management and Strategic Competitiveness
(ADT Security Services)
Walter Ivan Zapata
Instructor: Shereen Turner
Buss499 (Business Administration Capstone)
Strayer University
04/21/13

1). Asses how globalization and technology changes have impacted the corporation you researched. Globalization and Technology have been help to (ADT) a secure company, Technology is a very significant change of the importance of security. Benefit from globalization by being able to access cheaper labor and materials in the modern era this lead to (ADT) to be a reliable company related to technology to secure our home and business.(ADT) use computers, servers, websites and personal digital products to develop competitive advantages in the economic market place. To serve Small business and largest business owners should consider implementing technology in their business. This allows owners to create secure operations using the best technology available from (ADT)

2). Apply the industrial organization model and the resource-based model to determine how your corporation could earn above –average returns.
Models of
Above Average Returns
I/O Model The I/O (Industrial Organization) ADT’s Model adopts an external perspective to explain that forces outside of the organization represent the dominate influences on a Business strategic actions and is based on the following Three
1. The external Environment The general, industry, and competitive environments impose pressures and constraints on the product and determines strategies that will result in superior returns. (External Environment à Organization)
2. Most Business competing in an industry or an industry segment control similar sets of strategically-relevant resources and thus pursue similar strategies.
3. Resources used to implement strategies are highly mobile across Business The ADT Study in the external environment; locate an industry with



References: William T. Denman, M.D., FRCA - Dr. Denman is the medical director of Tyco Healthcare, a leading

You May Also Find These Documents Helpful

  • Good Essays

    An organizations external environment consists of three interrelated sets of factors that play a principal role in determining the opportunities, threats, and constraints that the company will face. The first factor is the remote environment that comprises of factors originating beyond any organizations operating situation such as economic and technological factors. The second factor is industry environment. This more directly influences organizations prospects originating in the environment of its industry like competitor rivalry and the bargaining power of buyers and suppliers. Finally, the operating environment comprises factors that influence an organizations immediate competitive situation that could include the factors competitive position, suppliers, customer profiles, creditors, and the labor market. These three sets of factors provide many of the challenges that a particular firm faces in its attempts to attract or acquire needed resources and to profitably market its goods and services (Pearce, 2004).…

    • 949 Words
    • 4 Pages
    Good Essays
  • Good Essays

    External environment - consists of all forces or groups outside the organization that have the potential to affect the organization. Some elements in a company’s external environment that can play a significant role in a firm’s activities are competitors, customers in the marketplace, the government and other legal or regulatory bodies, general economic conditions, pools of available human or financial resources, suppliers, technological trends and so forth.…

    • 4770 Words
    • 20 Pages
    Good Essays
  • Powerful Essays

    Aldi does not have a published vision or mission statement. However there is a clear set of values and business philosophy which they adhere to. This philosophy is outlined by the statement which it continuously uses, ‘Top quality at incredibly low prices – guaranteed’. In its small levels of advertising Aldi elaborates on this philosophy by stating its five main principles; huge savings, excellent quality, outstanding value, superb specials and buy with confidence. These five principles were quoted as the ‘Aldi Pledge’. This outlines there key values namely to offer their customers high quality products at low prices. This is achieved by their low cost operations, which is well known and evident throughout its stores.…

    • 1360 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    The I/O Model [Industrial Organization] advances the notion that the external environment plays the major role in deciding the firm’s strategic actions.…

    • 1174 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Strategic Management

    • 5703 Words
    • 23 Pages

    Management and leadership, these two terms are often used interchangeably; management is more usually viewed as getting things done through other people in order to achieve organizational goals. The managers may react to specific situations and more concerned with short term problem solving. Management is regarded as related to people working in a structured organization and with prescribed roles. The emphasis of leadership is on interpersonal behaviour in a broader sense. Belbin (1997, p 98) suggests that, “there is a clear implication that leadership is not part of the job but quality that can be brought to a job … The…

    • 5703 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    Organizational Changes

    • 1162 Words
    • 5 Pages

    * The external environment is affected by political, social, technological, and economic stimuli outside of the organization that cause changes.…

    • 1162 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    strategic management

    • 346 Words
    • 2 Pages

    threat in the five forces model. Do you think the model should be expanded to…

    • 346 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Strategic Management

    • 676 Words
    • 3 Pages

    Let’s look at what “strategic management” and “strategic management process” mean. First, strategic management “is the process of analyzing the current situation, developing appropriate strategies, putting those strategies into action, and evaluating and changing those strategies as needed (Coulter, 2013). And “strategic management process “implies sequential and interrelated activities leading to some outcome. In the strategic management process, the interrelated activities- situation analysis, strategy formulation, strategy implementation, and strategy evaluation – result in a set of strategies the organization uses in doing its business (Coulter, 2013).” In the MTV case, strategic management and strategic management process are illustrated when they created the MTV channel in the early 1980’s in which they targeted an audience of teens and young adults. And then they added reality television in 1992. Even though for years the MTV ratings declined they still had a massive audience. By 1981 they had increased their subscribers to 2.1 million. When MTV’s audience expanded this allowed the company to expand and lead them to owning many MTV channels and show. This company grew tremendously which lead them to go global and digital in the United States as well as other countries around the world. With their global strategy they have reached over 520 million households in 160 countries. They used the first-in-market strategy. They also set up a plan for their company after the industry critized their digital strategy.…

    • 676 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Discuss the similarities and differences between the resourced based view of strategy and the industrial organisation (I/O) based view of strategy…

    • 2047 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    External environments comprise of two main segments: the general environment and the task environment. The general environment consists of five major elements or forces: technological, economical, legal-political, sociocultural and international (Bartol I. 2008, p.76).The five forces reflect major external trends and conditions whereby organizations ability to alter them directly in the short term, is relatively limited. These five elements have become more sophisticated as the global economic situation constantly evolves. Ultimately all five forces can have an impact on the success of its products and services and will expand on two of these elements.…

    • 1016 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Above Average Returns

    • 580 Words
    • 3 Pages

    The I/O (Industrial Organization) Model adopts an external perspective to explain that forces outside of the organization represent the dominate influences on a firm's strategic actions and is based on the following four assumptions:…

    • 580 Words
    • 3 Pages
    Good Essays
  • Best Essays

    External environment consists of actions other competitors who are outside company business. Competitor’s actions outside business influence company performance and affect company to make because competitors always look for possibility to provide superior quality and cheaper prices.…

    • 3298 Words
    • 11 Pages
    Best Essays
  • Powerful Essays

    change management

    • 1934 Words
    • 8 Pages

    The external environment are those factors that occur outside of the company that cause change inside organizations and are, for the most part, beyond the control of the company. Customers, competition, the economy, technology, political and social conditions and…

    • 1934 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Every business firm or organisation is influenced by the environment it operates in, which is complex and dynamic in nature. Environment refers to all factors, the forces of influence of which have a bearing on functioning of the business. These factors may be internal such as the personnel and internal mechanism of the organisation; or external such as competition, government policies, customer preferences, etc.…

    • 2947 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    The External Environment

    • 1091 Words
    • 5 Pages

    The external environment influences firm as they seek strategic competitiveness and the earning of above-average returns. The external environment is filled with uncertainty. Firms must be aware of and fully understand the different segments of the external environment to handle this uncertainty. Firms have to acquiring information about competitors, customers, and other stakeholders to build their own base of knowledge and capabilities.…

    • 1091 Words
    • 5 Pages
    Good Essays