Strategic Management of France Telecoms Essay Example | Topics and Well Written Essays - 1000 words

Strategic Management of France Telecoms - Essay Example The case study shows there is a large-scale change in the telecommunications industry. The telecommunications industry continues to grow into a more complex market segment in the past 20 years. Some smaller telecommunications companies have joined larger competitors in the same telecommunications industry to survive. The large-scale change in the telecommunications industry is grounded on the transformation of the prior telephone services- based telecoms industry to producing phones that offer many exclusive features. The features include internet, ebook reading, camera, calculator, internet, word software, games, radio, broadcasting, relay, satellite, and video recording advantages (Abele, 2008). The European Union’s telecommunications industry is guided by the European Commission’s policies on telecommunications. In 1990, the European Commission issued a services directive 90/388/ECC stating that the telecommunications industry is now open to competition. However, the re European Union’s regulatory policies have aided in establishing large-scale restructuring of the telecommunications industry over the past 20 long years. The company’s strive to increase its current revenue output and profit performance is one of the triggers that forced telecommunications companies to implement the right strategic changes to the company’s current revenue-generating processes and profit-enhancing activities. The dot.com bubble burst is one of the many external drivers that triggered the change in the telecommunications industry. Likewise, the liberalization of the telecommunications market segment is an external factor that triggered the change in the telecommunications industry. Each telecommunications company had to implement drastic changes in its current marketing, operations, and management processes in order to keep abreast of or even surpass the revenue performance, profit performance, and production performance of each telecommunicati ons industry player.

3 paragraphs Assignment Example | Topics and Well Written Essays - 1500 words

3 paragraphs - Assignment Example It contributes to motivating employees by sending a clear signal that it is performance and only performance that will be the criteria for employment and appreciation thereby reducing the gap between their performance and potential. It frees people to be creative and to take initiative as there is close co-relation between how an employee feels and the work he does. Further men and women are wired differently and different ethnicities have different strengths. When these are looked as complementary rather the competitive it builds the team, and teams are excellent in driving motivation. Individuals who belong to such a high performance team where performance is the key word feel a sense of belonging and passion for the team and therefore for the organization and its endeavors. Traditionally businesses and business managers have sort homogeneous work forces. While the current trend is to argue that diversity is all good for an organization, research by Trandis, Kurowski, and Gelfand in 1994, and Milliken and Martins in 1996 has suggested that there are both advantages and disadvantages. In the face of this uncertainty when Best Buy’s have decided that there policy will definitely be on a diverse workforce it is essential to drive the message to all levels of management and inculcate a philosophy which does not in anyway allow deviance from it’s stated policy. Visiting the National Civil Rights Museum in Memphis drives this point through. In fact it scores a home run in communicating its policy. Managers with the traditional homogenous mindset will feel that they will have to learn or depart. Employees have been reassured that the company is absolutely serious in it’s policy and will empower whistle blowing when the policy is practiced in the breach. A visit to such an iconic place in the history of the nation will also give all employees and managers a sense of being an essential