INFORMATION SYSTEM STRATEGIES

Information System Strategies

Information System Strategies

1) How should MSB proceed about finding a apt consultant? Are there any precautions that they should take?

Ans. Firms rely on management consultants to help them remain competitive in an ever-changing business atmosphere. In the private sector, Management Consultants, analyze and propose ways to improve a business's structure, efficiency, and ultimately, profits. For demonstration, a small but rapidly growing business that needs help improving the scheme of command over inventories and expenses may conclude to provide work an advisor who is an expert in just-in-time inventory management. In another case, a large company that has lately acquired a new partition may hire administration analysts to help reorganize their business structure and eradicate replicate or non-essential jobs.

Firms providing management consulting range in size from a single employee to large international organizations employing thousands of consultants. Some advisors specialize in a exact commerce while other ones specialize by type of business function, such as human assets or data systems. In government, administration analysts are inclined to focus by kind of bureau. The work of administration analysts and advisors varies with each purchaser or boss, and from task to task. Some tasks need a team of advisors, each focusing in one area. In other tasks, advisors work independently with the organization's managers. With either type of work, consultants collect, review, and analyze information, in order to better the production that they are helping to improve.

Both public and private businesses use consultants for a variety of reasons. Some lack the internal resources needed to handle a project, while others need a consultant to determine what resources will be required and what problems may be encountered, if they pursue a particular opportunity.

2) Carry out a strategic enquiry of MSB by discussing the interior and external enterprise environments.

Ans.

Strengths

Solid company culture with tried and tested strategiesVery strong entry barriers with full production lineWell established and highly efficient global distribution system with loyal dealer network.

Making money through value creation --- highly efficient primary (marketing and sales, service, production and R&D) and secondary (finance, HR, infrastructure and materials management) activities. Efficient sourcing strategy was another major strong point.

Being the largest player of the industry, the company can have easy access to better locations, ability to get better facilities and secure economies of scale.

Successful imitation strategy thereby mitigating the risk of launching a product. Large geographic base and a wide product line protect the company from a dependence on domestic business cycle with a strong overseas market.

A strong history of quality, dependability and reliability.

A highly effective and efficient workforce and top management who just understand the business and the market better than others. Top-level commitment is quite high. This helps to formulate better strategy.

Total control of R&D, design and manufacturing through its centralized manufacturing plants and few local plants in domestic markets that helped to secure location and low cost economies.

Complete control on the foreign subsidiaries negates the risk of losing control on international operations.

Weaknesses

Inability to price products effectively compared to ...