Strategic Management and Strategic Competitiveness

Strategic Management and Strategic Competitiveness

Introduction

Tyco International Ltd. Is a Swiss based security systems company, having corporate headquarters in Princeton, New Jersey. As a matter of fact, Tyco international is comprised of two broad business units namely, fire protection and security solution. Tyco International was founded in the year 1960 by Arthur, J. Rosenberg. Initially the prime focus of the company was over the semiconductors and material research; however, in the year 1962, it revamped its business strategy and focused over the high tech technology products and energy conservation products. As in the year 1964, Tyco International went public and started to fill the gulf in its development and distribution network by grasping Mule Battery Products (Tyco International, 2013)

This paper will focus over the strategic part of the organization, which includes different facts. The impact of globalization over Tyco International would remain in the limelight besides discussing the implication and assessment of different business models. However, as future discourse, this paper will also discuss in the mission as well as a vision statement of Tyco International and their role for overall organizational competitiveness and success. Finally, the role of stakeholders will be discussed along with their input in helping the organization to achieve its long-term objectives.

Impact of Globalization

The impact of globalization is much vivid on the organizations, particularly that of operating within the domain of technology. However, globalization itself is a process whose main emphasis is over the amalgamation of international processes which erupts due to innovative products, ideas, views and other cultural aspects. Carrying forward this notion, the impact of globalization, besides all other organization, is very similar in the context of Tyco International (Zhang, 2010).

Tyco international since its inception has followed acquisition strategy. As a matter of fact, global presence of Tyco is only due to its aggressive acquisition, due to this fact, the name of it, originally from Tyco Laboratories, Inc. to Tyco International Ltd. In 1993. Besides all this, in the year 1993, Tyco International merged by dint of the reverse takeover, with other smaller publicly traded security service companies named as ADT Limited.

Most of the organization, in the 21st century, does not rely over the single domain; they primarily look forward into different strategic areas in order to fulfill their long term objectives. In the year, Tyco International incurred huge loses, since its first quarter of the year was the period of recession, due to this, the overall electronic segment was weathering an overall change of $2 billion, mainly due to over capacity of the fiber optic cable being operated under the umbrella of Tyco International. This, however, generated an accumulated loss of $3 billion. These vivid facts show how the notion of globalization has shifted the traditional business dynamics of Tyco International in terms of its focus over the business and strategies.

Models

Industrial Organizational Model

Industrial organization model's main focus is over the boundaries of the organization and the market in which it is ...