Strategic Planning Process and Analysis of Sony Mobile Corporation

   

Added on  2023-04-23

26 Pages1380 Words346 Views
Business Strategy
TASK 1
Strategic Planning Process and Analysis of Sony Mobile Corporation_1
About Sony Mobile Corporation (SMC)
Found in 1945.
First pioneer of transistor technology in 1950.
Merger of two different organizations “Sony” and “Ericsson” have
developed a new corporation “Sony Ericsson”.
Technological revolution in mobile industry is one of the major
objectives of this merger.
Strategic Planning Process and Analysis of Sony Mobile Corporation_2
A: Mission statement and Company’s vision
To initiate as a leading company of electronics.
To enhance the broadband network.
To foster the use of home electronic appliances and wireless mobile
phones.
To create a stress free working environment for workforce.
Strategic Planning Process and Analysis of Sony Mobile Corporation_3
Core Competencies
Technological advantage enables to create a unique image.
Provide customers with the latest demand.
Differentiation strategy for developing core ability.
To provide the products after research and development to
customers.
To position itself different from competitors.
Strategic Planning Process and Analysis of Sony Mobile Corporation_4
Cont..
Cost leadership strategy:
To perform the work with low cost.
To produce the products that can be sold at lower price.
To win competitive advantage.
Strategic Planning Process and Analysis of Sony Mobile Corporation_5
Objectives of Sony
To attain competitive advantages to sustain in the mobile industry.
To increase the sales and profitability of organization.
To increase the investment amount in research and development.
Strategic Planning Process and Analysis of Sony Mobile Corporation_6

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