Global Communications Case Analysis Task A: Problem/Opportunity Statement Instructions for Task A: In the Response row, write out the problem/opportunity statements for the scenario for each of the team members. Response to Task A: Global Communications can find a way to increase stockholder value, cut costs and improve profitability by making appropriate organizational adjustments To continue to be an industry leader, Global Communications needs to develop a new strategic plan focusing on all persons who have a stake in the corporation, including shareholders and employees. Global Communications can enter into the partnership with the satellite company, expand into the global market, and increase profit while retaining employees Global Communications will aggressively implement plans for growth, international exposure and technologically advanced services and products. Global Communications will be poised to become an industry leader. Global Communications must find a way to increase profitability through innovations to remain vital while staying true to the stakeholders and employees Global Telecommunication can find a way to increase productivity and economic stability by making appropriate company technology adjustments that will decrease layoff possibilities and increase benefits for employees. Generic Benchmarking—The purpose of generic benchmarking is to identify potential solutions to the problem statements defined in Task A. You will do this by looking at how companies in other industries have dealt with similar issues. Task B1: Generic Benchmarking: Topics Instructions for Task B1: In the Response row, identify the topics for which you need information in order to identify potential solutions to the problems identified in Task A. In the Response row, list three to five topics that you will research in peer-reviewed journals, on Web sites, and in popular publications such as magazines and newspapers. In the Response row, provide a justification for each topic. Response to Task B1: Topic 1: Consumer Confidence Understanding what the consumer wants is a critical skill that is necessary to differentiate Outstanding companies from mainstreamed companies. Some of the challenges has encountered in the market is that the market is “Too Competitive”. They are finding that many services that were once provide by telecommunication companies are now being provided by other company like Cable. The companies that are making stability so hard for Global Communication are cable companies. These companies are not only specializing in cable but are starting to provide other services that provided complete solutions dealing with computers, televisions, and telephone service which permits them to enter a larger market with these advancements in technology. In Global Communication wants to gain compatibility with these companies global communication has to make advancements in its technology.
The largest competitor from MSS companies is Globalstar. Globalstar¡¦s communication system is supported by low cost satellites which enhance the possibility for Globalstar to implement a comparatively lower pricing strategy than Iridium. Although Globalstar has simpler and cheaper satellites than Iridium owns, it requires ground switching systems for effective connections. In return, the coverage of Globalstar system was restricted to land locations. This form of benchmarking activities within Iridium helps to formulate the strategic position and get to know a better reinforcement of strategic fit.
For many customers, our competitive advantage lies in our global network. We offer enterprise-grade network services in 182 countries representing 99 percent of the world’s economy.
With the globalization the corporation is now able to bring about their products and services to different markets at a right time.
Years later, the Telecommunication Act of 1996 triggered dramatic changes in the competitive landscape. SBC Communications Inc. established itself as a global communications provider by acquiring Pacific Telesis Group and becoming the new AT&T. The merger of AT& T and BellSouth, along with the ownership consolidation of Cingular Wireless and YELLOWPAGES.COM, will speed convergence, competition and continued innovation in the communications and entertainment industry, creating new solutions for consumers and businesses and positioned to lead the industry in one of its most signifi...
The 3 tables in the paper are shown to describe briefly the opportunities and to outline the goals to go forward. In the conclusion, I will recap all opportunities and the goals to go forward for the company Global Communications.
Effective competition is widely seen as a key to the development of telecommunications services. The ability of new telecommunications networks to interconnect fairly and efficiently with existing networks is critical to the development of competition. AT&T has undergone numerous changes since its inception in the late 19th century. The McKinsey 7 S framework as applied by Pascale is recommended to manage the changes they are facing to adopt a greater competitive presence in the global economy. In conjunction with this framework, numerous other models were applied to analyse the global competitive position of AT&T. Recommendations for a revised strategy and direction for AT&T have been made throughout this document including two scenarios of how the telecommunications industry might develop towards 2000, while outlining the impact on AT&T.
...In order to remain profitable in such competitive market a company must provide a product or service that spans the global in appeal. The vast media arena is ever changing as innovative young minds continue to find new ways to make success an inevitable fact. In essence the public will have the final say so in which business will sink or swim in the media global marketplace. The tough decisions are made on the streets and not in the boardroom. Over the years the streets have called for a more diversified aspect of the media. The companies mentioned above are leaders in this respective services they provide and will continue to play a major role in global media.
In today's ever-changing global marketplace, competition has become fiercer, and the bar has been raised by customers seeking added value from their business partners. The market raises many "how to" questions: How to provide value-added products and services to meet customers' constantly increased expectation? How to correctly position your company in the marketplace and effectively compete with your competitors'? How to expand your company's market share and increase the overall value of your company? These arc just some of the questions that have been frustrating top management in companies seeking success through keen global competition. For those who want to differentiate themselves in the competitive market and increase their overall shareholder value.
This battle for supremacy over who will control the future of communication will be fought largely between the telecommunications companies and the Cable TV companies. Perhaps mergers will be sought, or some companies will be run out of business because of their inability to keep up. Millions of dollars will be lost and billions will be made, but the end product will create a closely-knit global community, able to communicate instantly regardless of language or location.
It is responsive to the knowledge and models of experts and practitioners in the field. Ex, The 2012 Performance Improvement/HPT
Part of the reason for the absence of a truly global cellular company is because it is difficult for companies to keep up with the changing trends across the world, as consumers in different parts of the world demand different technologies and products.
The industry of communications is changing and intensifying more everyday. Two-way communications begin as early as the 1800s with first telegraph. Now, we have multimedia and mobile telecommunications. People are communicating today with one another by cellular phones, computers, fax machines, palm pilots, and other personal and portable devices. Since these means of communication have penetrated the industry and marketplace, companies and corporations are having a difficult time to remain competitive. These corporations have to come up with new product lines and innovative ways to remain profitable. For example, BellSouth has had to make changes to compete with likes of Sprint and MCI. They had to start offering more than just local and long distance service. Such is the case with Global Communications. In order for them to remain in business, they had to come up strategy to increase profits and compete with other companies in the industry. First, let us take a look at the background of Global Communicaitons.
We intend to exploit our leadership role by continuing to target and enter segments of the communications market that we believe will experience rapid growth or grow faster than the industry as a whole....
J., Russell, J. S., & Cameron, W. S. 2015, Page 43). With advances in technology and communication, the speed at which local and global companies can do business is exceptional. The need to stay relevant is imperative.
University of Memphis, . (1990).Communications networks for managing global operations. (global business). Retrieved from http://www.entrepreneur.com/tradejournals/article/9267862.html