Preview

Strategic Management

Satisfactory Essays
Open Document
Open Document
5334 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Strategic Management
Step 1. Identify the firm’s existing vision, mission, objectives, and strategies. Vision: Dell provides customers with super value technology. They do business with high quality, progressive technology, and the good customer system. Finally, they want to be have superior services and support and when the customers want to consume, they can easy to buy and easy to use.

Mission: Dell wants to be the most successful computer company in the world and provide the best customer experience in their service market.

Objective: The increasingly fierce competition in the PC market, many customers hesitate upgrade their computer. As a result, Dell must explore new markets and introduce attractive products at a lower cost to attract them.

Strategies: Dell Computer's strategy was built around a number of core elements: build-to-order manufacturing, mass customization, partnerships with suppliers, just-in-time components inventories, direct sales, market segmentation, customer service, and extensive data and information sharing with both supply partners and customers.

Step 2. Identify vision and mission statements for the organization.

Vision statement:
It’s the way we do business. It's the way we interact with the community. It's the way we interpret the world around us-- our customers’ needs, the future of technology, and the global business climate. Whatever changes the future may bring our vision -- Dell Vision -- will be our guiding force.

Mission statement:
Dell will meet customer expectations of: * Highest quality, * Leading technology, * Competitive pricing, * Individual and company accountability, * Best-in-class service and support, * Flexible customization capability•, * Superior corporate citizenship, * Financial stability
This Mission statement contains: Market, Concern for employees, Concern for survival, growth, and profitability, Philosophy

CPM

| | | DELL | Apple | HP | | Critical

You May Also Find These Documents Helpful

  • Powerful Essays

    Dell’s unique selling point facilitating the customers to be able to select and customise their computer systems. They can change or upgrade components to suit the customer’s needs which is a major advantage over retailers that are offering a stock standard prebuilt computer system.…

    • 1129 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    HBR Case Revitalizing Dell

    • 4169 Words
    • 17 Pages

    Additionally, the strong trends within PC customers towards customized devices increased Dell’s success even more, and contributed significantly to its ultimate triumph over IBM as the 2nd largest market shareholder globally. However, Dell’s “vaunted Direct Model” for distribution and the focus on innovative marketing led to further critical shifts, particularly within the competitive landscape around Dell. Giants, such as IBM, Compaq and HP challenged Dell’s standing through following actions:…

    • 4169 Words
    • 17 Pages
    Powerful Essays
  • Better Essays

    paper

    • 1390 Words
    • 6 Pages

    Though diversification and sharpening business focus has allowed Dell to be one of the largest computer companies in the world, the previous past has been very tough for the company which can be seen in its stagnant revenues, declining margins and subpar performance compared with industry peers such as Apple and Hewlett-Packard Company ( HP). There are multiple reasons for this performance such as Dell operating at the standards based commodity end of the business, with limited presence in the margin rich high end products, and it not being able to scale up to the creativity and innovativeness of companies such as Apple which have completely changed the dynamics of the technology industry.…

    • 1390 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Strategic Management at Dell

    • 2299 Words
    • 10 Pages

    The key competencies of Dell are customer focus, manufacturing processes, supply chain management, customer selection, acquisition and retention, customer service and human capital management. Dell’s…

    • 2299 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Soul of Dell

    • 1219 Words
    • 5 Pages

    Customers: We believe in creating loyal customers by providing a superior experience at a great value. We are committed to direct relationships, providing the best products and services based on standards-based technology, and outperforming the competition with value and a superior customer experience (Soul of Dell, n.d.).…

    • 1219 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Dell: Dell’s mission is to be the most successful computer company in the world at delivering the best customer experience in markets we serve.…

    • 290 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    I think the vision talks about the future that dell wants to be, which is to provide accessible computers all over nationwide.…

    • 325 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Dell Leadership Strategy

    • 320 Words
    • 2 Pages

    Dell Computers have been the industry leader with there cost-leadership strategy. They strive to provide technology and support at a lower unit cost than their competitors. They are a direct model company. Their unique relationship with customers gives Dell the opportunity to know exactly what their customers want and offer products that their customers need. They have a strong focus on being a "market taker" rather than a "market maker". Capitalizing on their ability enter new markets and dominate them the way they have in the lower end server and work station markets has been a crucial part of Dell's success.…

    • 320 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Dell Inc. in 2009

    • 1687 Words
    • 7 Pages

    In 1984, a freshman named Michael Dell, with the concept of direct marketing and a thousand dollars, founded the Dell Computer Corporation. From then, Dell has proven to be the global computer industry's fastest-growing company over the past decade. Dell’s success was primarily attributed to three key factors, the direct sale model, the built-to-order system and the just in time system. However, in 2006, Dell confronted severe underperformance and dropped sales, a sequence of reactions took place then.…

    • 1687 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Tough, M. Creating a Mission and Vision Statement. In the Sideroad. Retrieved October 27, 2005, from…

    • 1079 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Dell Case Study

    • 946 Words
    • 4 Pages

    As we know strategy can be define in many ways. Based on the former CEO of General Electric, He said that strategy means making clear-out choices about how to complete. So what are the elements of Dell’s strategy to be the worldwide leader in personal computer? Dell has few elements of strategy to achieve his goal. One of the elements is to be cost-efficient build-to-order manufacturing. Dell built the vast majority of its computers, workstation and servers to order with only small fraction was produced for inventory and shipped to wholesale or retail, by doing this Dell can reduce the unnecessary time and cost. The second element is partnering with suppliers, by doing this Michael Dell do believe that it made much better sense for the company to partner with supplier of PC parts and components than to integrate backwards and get into parts and components manufacturing on its own. The third element is by using direct sales techniques to gain customers. This element of strategy is to gain and be closed to the potential customers. The forth elements is by expanding into additional products and services to capture a bigger share of customers’ IT spending. The fifth element is to provide good customer service and technical support for their customers. This is a good element to potential buyers and to keep current customer stick with their company or services. The sixth element is to keep R&D and engineering activities focused squarely on better meeting the needs of customers and the last element is using standardized technologies in all product offering.…

    • 946 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Dell Value Chain

    • 452 Words
    • 2 Pages

    the organization has remained committed to its core values. The “Soul of Dell” creates an…

    • 452 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Dell’s vision is “It’s the way we do business. It’s the way we interact with the community. It’s the way we interpret the world around us – our customer needs, the future of technology, and the global business climate. Whatever changes the future may bring, our vision – Dell Vision – will be our guiding force.” While this vision definitely describes what they once were I believe that as Dell evolves so should their vision. They definitely are not at the forefront of being the future of technology and the global business. Technology is such a rapidly developing commodity that instead of focusing on being at the forefront of it Dell should stick with what it knows. Developing computer systems and programs that are customized to their consumer, whether private or corporate. This way they could continue to maintain their 2nd place share of the market due to volume alone. Trying to be something your not is the quickest way to lose revenue.…

    • 407 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Dell(Supply Chain)

    • 2116 Words
    • 9 Pages

    Dell is committed to building value not only for their customers and their business, but also for the communities that the company and its employees call home. They strive to participate responsibly in the global marketplace in which they operate.…

    • 2116 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Strategic Management

    • 483 Words
    • 2 Pages

    Price, quality of goods, customer service all that can be used by companies to push out a rival company.…

    • 483 Words
    • 2 Pages
    Satisfactory Essays