This document discusses the implementation of strategic management process and its significance in achieving organizational objectives. It includes an analysis of Oxylus Network, SWOT analysis, and evaluation of organizational culture and strategy.
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Implementation of strategic management process
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Executive Summary Strategic management plays an important role in managing and planning strategy that help in attaining objectives within stipulated time period. It is significant for the companies to aligned all the activities with the vision, mission and values so that it can be achieved in an effective manner. Moreover, it is important to conduct an external and internal analyisi by using of different theories and framework as it help in making improvements and decline the level of risk as well.
Table of Contents Executive Summary.........................................................................................................................2 INTRODUCTION...........................................................................................................................4 About Oxylus Network and industry.....................................................................................4 Internal analysis of company..................................................................................................5 External analysis of company.................................................................................................7 SWOT analysis of Oxylus Networks.....................................................................................9 Critical evaluation of organisational culture and strategy....................................................10 Recommendations..........................................................................................................................11 CONCLUSION..............................................................................................................................11 REFERENCES..............................................................................................................................12
INTRODUCTION Strategic management is defined as the procedure of managing, effective planning & analysing strategy for achieving organisational objective and goals in a proper manner. The strategic management process consist of strategy formation, implementation and monitoring as well. In addition to this, it also include goal setting that assist in meeting with targets in stipulated time period(Ansoff, 2018). It is analysed that strategy of a company is basically a set of instruction which the higher authorities take in order to compete with the rivals. In addition to this, it is a continuous activity that an organisation adopt in order to effectively deal with the business objectives. Moreover, strategic management process is complex in nature which consist of formulation of an organisational vision for both current as well as future objectives. Further, suchprocessalso involvedevelopment&implementationof correctivemeasuresthatis important in order to achieve higher growth and success in an effective manner. In the present report, Oxylus network is taken into consideration. It is a communication technology professional service that was established in the year 2018 in Australia. The company is basically design and develop LAN and WAN and also provide cloud offering service to customers. The report will cover external and internal environment analysis of the chosen organisation. In addition to this, there is discussion about SWOT analysis which assist company to gain insight about the strength and weaknesses of company. Further, Porter's five forces is applied in order to analyse the external conditions for the company sustainability. Moreover, there is examination of organisational culture and structure and various strategies is discuss that help in proper implementation of strategies. About Oxylus Network and industry In Australia, the IT Sector mainly involves two elements that is IT services and business procedure outsourcing. It is determine that IT industry has raise its contribution level to the nation's GDP that is from 1.5% to 8.8%. The IT sector is growing rapidly and alters the demographicsofcountry.Thissectorconsistofsoftwaremanagement,businessprocess outsourcing, software development, consultancies an online services as well(Bruijl, 2018). Information technology sector is influence by factors such as global market, increase in growth rateandso on.It isdeterminethatIT sectorofAustraliahasadvantageousfromlow development cost and talented as well as effective employees.
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Oxylus Network has enter into market of Australia in the year 2018 and is one of the best communication&informationtechnologyprofessionalserviceproviderinthatparticular country. The company offer various service such as local area network, wide area network, cloud computing services, data network solutions and many more. Providing of all such services in an appropriate manner help company to increase its productivity and profitability level. In addition to this, it also provide security network to its target market and use its abilities as well as service to providecustomisedsolutionsto thecustomers. Withengagingan effectiveskilled& knowledgeable team, Oxylus Networks can easily meet technology needs in a timely and cost effective manner(Carayannis, 2018). In addition to this, it help company to be capable of comprehendingpositiveresultswhichconsumerswereexpectedforandtheirtechnical capabilities to cover these into an effective infrastructure solution. Vision statement: “ To bring creativity and innovation for business requirement and to ensure customer confidence” is the vision statement of Oxylus Networks. Mission statement: As an information and communication technology professional services, developing business objectives and focus to achieve it systematically and effectively is significant for their business is the mission statement of Oxylus Networks. Internal analysis of company Internal analysis allows an organisation to identify its strength as well as weaknesses. Along with this, it examines internal environment that help to assess competencies, resources and attain competitive advantage as well. In order to analyse the internal environment, the higher authorities of Oxylus Networks make use of value chain analysis model. Value chain represents an internal activities which a organisation engage at the time of converting inputs into outputs(Dana, 2019). It is a procedure where an organisation determines its primary as well as secondary activities which add value to the final goods and decline cost or raise differentiation in an effective manner. The primary and supportive activities is given below in context to Oxylum Networks. Primary activities:It is analysed that primary activities is concerned with developing and delivering goods to the customers. In addition to this, primary activities directly add value the final products in an effective manner. The primary activities is given below:
Solution architecture & design: Oxylum Networks provide quality products and best services to customersin order to meetwith the industry standardsand offering best practiceat marketplace. It is determine that providing solution and innovative design at an affordable cost provide high value to customer and enhance the level of productivity and profitability of company. Design verification: The company aim to sell innovative and unique information technology solution to its customer and for this, it verify the design so that an appropriate and effective solution is given to people. This help company to add value to the customer and develop positive mind set towards brand. Professional services: The respective company is certified in the relevant areas associated with their work. In addition to this, it provide training to its employees so that they can deal with customers in a professional manner(Leiblein, Reuer and Zenger, 2018). Offering unique design and solution in a professional manner through maintaining trustworthiness and integrity assist Oxylus Network to achieve a different position at marketplace. Customer advocacy: The higher authorities of Oxylus Network focuses on developing good relationship with customer and aware them about its environment so that it can gain the trust of people and increase its performance level. Be a trusted advisor enhance the customer base of company that leads to attainment of competitive advantage at marketplace. Supportive activities: It is determine that supportive activities help the primary activities to attain competitive advantage and is indirectly add value to the final products. The secondary activities of Oxylus Networks is given below: Plan:It consist of identifying initial network needs that is aligned with business goals, user requirements, facilities and many more. In addition to this, it also involve assessing existing
networks, identifying site, performing a gap analysis in order to analyse whether the operational environment, existing sites support proposed system or not. This assist Oxylus Network to fulfil business requirements and implement activities in a proper manner. Design:Herein, the requirements that is identified at the planning step drive the task of network design specialists. The design specifications is consider as a basis for execution of planningactivitiesthathelprespectivecompanytofulfilcurrentandtechnicalneeds, incorporates specifications to support reliability, availability, scalability and security as well. Implement:Herein, the network is developed or some additional specifications were added asper thedesign withan aimto integratedeviceswithout developingpointsof vulnerability and disrupting existing network as well. Operate:It is consider a the last step of the suitableness of design and involve maintaining network, declining expenses, maintaining day-to-day network in an effective manner (Novikov, 2018). It is determine that fault in the performance monitoring, correction of networks assist Oxylus networks to give initial data to the optimization stage. Optimise:It include proactive management of networks that is aim is to determine and sole issues before they negatively impact on the company. It is determine that it is important to reactive fault correction and decision as it help in declining the level of failure of network. In addition to this, it help Oxylus Networks to meet with the expectations and support technical and organisational requirements in an effective manner. From the above analysis, it is determine that the company is focusing of providing different, quality and appropriate IT service in market which help in attaining higher growth and success in marketplace effectively. External analysis of company External analysis is defined as examining the industry environment and factors which impact on the performance and profitability of company. It is important for an organisation to examine the external factors so that effective strategies is developed and the risk is reduced in an effective manner. In order to do external analysis, the managers of Oxylus Networks make use of porter's five forces model which is discussed below: Threat of new entrants: It is determine that this threat is moderate for the Oxylus Network as entering in such sector requires high cost to an individual. In addition to this, it is a time consuming process and associated with the high risk. It is determine that new entrants can
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pose high threat when it is undertaken a price war. It is important for the company to maintain the level of cost and provide more value as well as high experience to its customers. Bargaining power of buyers: The respective company is new in market and is facing buyers power as a challenge. It is analysed that such force consist high threat to the company. It is analysed that when customer buy product as well as service in bulk, they demand to decline the price. It is significant for the company to negotiate the price and deal with the customer properly in order to increase its customer base level which is important as it is new in market. Bargaining power of suppliers: There are high number of suppliers prevailing in the information technology sector due to which Oxylus Network has the advantage to negotiate with the supplier and decline their cos which has positive impact on profitability of company. This shows that bargaining power of suppliers is low to the respective company and it has the advantage to earn higher profits and revenue as well. Threat of substitutes: There are number of substitutes is available at marketplace that shows threat of substitute is high to the Oxylus Networks. It is important for the respective company to offer innovative and unique design as well as solution in the market so that large number of customers is attracted towards its services and remain loyal with the Oxylus Network. This also assist company to increase its level of sales and earn higher profits in an effective manner. Competitive rivalry: This threat is high for the company as there are lot of competitors prevailing at marketplace that directly impact on the overall performance and profitability of company(Slack and Brandon-Jones, 2018). Being a new entrant in market, it is important for Oxylus Networks to provide quality products and services at an affordable price in market so that more number of customer is attracted towards it that leads to attainment of higher position and success in the market. From the above discussion, it has been analysed that it faces a tough competition in market and for this, it is important for the company to make use of effective strategy. Acquisition of cost- leadership strategy of porter’s generic help company to offer products at lower price without compromising the quality(Aula and Mantere, 2020). In addition to this, it help company to attract large number of people that has positive influence on the sales and profitability level of respective company. Moreover, it also assist company to attain competitive advantage at marketplace and sustain in market for longer time period.
SWOT analysis of Oxylus Networks SWOT analysis is consider as a tool which assist an organisation to identify its strength and weaknesses that further help in making improvements and enhance the performance of companies. The swot analysis of Oxylus Networks is given below: StrengthsWeaknesses One of the major strength of Oxylus Network is it offer on time service at an affordablepricewhichattractlarge number of people and increase sales and profitability of company. It is technically competent and focus on providing innovative service at market thathelpinattainingcompetitive advantage at marketplace. The company has low customer base and also have fewer partners which is consider as a big weakness of company. Being a new company in market, the companyarelimitedtothespecific skills that impact on its performance levelandactivitiesinanegative manner. OpportunitiesThreats Oxylus Networks has the opportunity to offer cloud migration service in market as it is in market demand and impact positively on the profitability level of company. By developing effective advertising and marketing strategy, Oxylus is able to reachlargenumberofpeopleand enhance its market presence and share in market. Oneofthebigthreatofrespective company that decline the revenue and profit level is its lower prices. Atpresent,thecompanyhasless resources and has no back up if any of the issue is arise that act as a threat of Oxylus Networks. Critical evaluation of organisational culture and strategy It is important for an organisation to provide a positive working culture to its staff members as it help in enhancing the level of performance in an effective manner. In addition to this, it also
assist in retaining staff members for longer time period(Sabherwal, 2019). The organisation culture and strategy of Oxylus Network is evaluated below: Oxylus organisational culture It is determine that the higher authorities of company focuses on providing positive working culture to the staff members so that they can develop interest in emplooyees towards work. In addition to this, Oxylus Network believes that employees are the asset of the company and it is essential to make them feel valued and important at workplace. The company provide on time salary, bonus, incentives and benefits to the staff members according to their performance that help in motivating employees and has positive impact in its performance level. It is evaluated that company follow all the ethical practices that accommodates both the Ethics relativism and universalism as well. In order to be socially responsible, the company follow all the ethical principles in an appropriate way. In the organisation, it is analysed that workforce diversity is independent of religion, gender, race and so on. Further, the company is supporting communities by offering voluntary work that help in developing a unique and positive image at marketplace(Dias and Ferreira, 2019). All this will help Oxylus Network to enhance their market performance and raise its market share in an effective manner. Oxylus Network organisational structure It is analysed structure of an organisation is an important aspect of executing strategy and taking decision that gives long term benefits and success as well. The organisational structure consist of tasks, line of authority, responsibilities and so on. It is important for an entity to manage all its employees and satisfied them in order to gain positive outcomes. In relation to Oxylus Network, it is determine that company follow functional structure that consist of managers of each function area who reports to the chief executive officer of the organisation.
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In addition to this, it help company to properly delegate the responsibilities and assigned to employees(Khanin, 2020). Along with this, it help in clarify the objectives to the staff members that in turn assist in attaining desired goals and meeting with targets in a timely and properly manner. Recommendations By analysing the above information, some of the recommendations given to respective company is described below: It is recommended to the authorities of Oxylus Network to make use of innovative and new technology as it help in providing quality and new products in market that will attract large number of people which leads to increase in customer base level and sales of the organisation as well(Michaud and Tello‐Rozas, 2020). In addition to this, it is suggested to the managers of Oxylus Network to conduct market research as it will help in gaining insight about customer requirements and market trends that further assist in making improvements and offering something that satisfy and retain customer for longer time period. Moreover, It is recommended to respective company to follow cost leadership strategy as it help in offering goods and service at an affordable price along with quality(Putz, 2019). This will assist company to enhance its performance level and attain competitive edge at marketplace.
CONCLUSION From the above study, it is concluded that strategic management is an important aspect which supports the overall functions and operations of an organisation. In addition to this, it ensures that goals and objectives of company is properly aligned with the values, vision and mission statement of company as well. Further, it is analysed that IT sector in Australia is growing rapidly which is an opportunity for IT companies to gain success at marketplace. It is determine that the development cost in Australia is comparatively low that is beneficial for companies such as Oxylus Network to gain higher profits. Moreover, the values, mission and vision statement of respective company is emphasised in offering quality service to customers as it help in gaining trust and increase number of loyal customer of Oxylus Network. The company practising ethicalprinciplesand focused on providing positive working culture that satisfy employees and increase their performance and productivity level. The strategic objective of organisation is to give services at a reasonable price along with good quality that assist in achieving competitive advantage at marketplace.
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