Porters Views on Strategy Essay Example | Topics and Well Written Essays - 1750 words

Porters Views on Strategy - Essay Example Michael Porter is a University Professor at Harvard Business School and a very contributor to the fields of management and economics. In an article he wrote for the Harvard Business Review in 1996, and also in one of his books, he argues that competitive strategy is "about being different". He adds, "It means deliberately choosing a different set of activities to deliver a unique mix of value". It is important to note that Porter has focused on discussing competitive strategy and his views are based more on differentiating the company in the view of the customers. Porter has defined competitive strategy as "a combination of the ends for which the firm is striving and the means by which it is seeking to get there". Porter has provided for a very fresh and different view on the meaning of strategy. He highlights and emphasises on the facts that operational effectiveness is not strategy. Porter has in his article ‘What is Strategy?’, in the Harvard Business Review brought o ut some very important points. He argues that ‘Positioning’, which has been one of the major elements of strategy and has acted as the ‘heart of strategy’, is not being rejected by most managers. He discussed in this article that the current period believed that positioning is considered to be too static in the current dynamic world and the high use of technology. It is important to note that the information that has been provided here has been based on three major heads: 1. variety-based positioning 2. Needs-based positioning and 3 Access-based positioning

Bead Bar Systems Development Project Essay Example | Topics and Well Written Essays - 1750 words

Bead Bar Systems Development Project - Essay Example Order tracking, fulfillment, inventory and supply dynamics can be managed optimally. The proposed information system would departmentalize the operations of the various departments and make the organisation accessible to its stakeholders in a pre-approved and designed manner. Not everyone would be allowed to access all kinds of information and all activities can be tracked so as to ascertain the state of the organisation at every point of time. We desire to create a company website which can be accessed through the internet so that all the franchisee locations are able to access it and perform the business functions of recording and updating the system for all the business changes. All the franchisee locations are connected with the help of public data carriers so that it is able to access the company website to perform their functions. Each such franchisee would have their access privileges to enter the transaction section and operate their business process. The president and the owner, vice president’s of all the departments would have an Executive Information System (EIS) Management Information System (MIS) to manage their operations. The accounts department may use Transaction Processing System (TPS) and the ground level workers can use Knowledge Work System to measure worker output, productivity and others. Prior to outlining the input and output information, the system development life cycle must be in place so that the analysis is done accordingly. The correct nature of the inputs and the outputs would make the system design vary accordingly as it requires to capture the information and put it into a frame to interpret in a decisive manner to take further decisions. The new proposed system and the present working system are analyzed so that the ROI (Return On Investment) is obtained. The proposed system is further analyzed for economical, technical,