This presentation discusses organisational strategy and its importance for business growth. It covers topics such as strategic positioning, future options for growth, and potential strategic options for linking with other businesses. The presentation also provides insights into Amazon's strategy.
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Organisational Strategy
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Table of Content •Introduction •Strategic positioning of Amazon •Future options for business growth •Potential future strategic options for linking with other businesses •Conclusion •References
INTRODUCTION Organisation strategy mention to development plan of action that are designed by a company for its success and growth. It can be those plans and tactics that can be used by a business venture to deal with issues and complexities that occur in businesssector.Thisreportissupportedto Amazon which is an American multinational conglomerate technology organisation.
Strategic positioning of Amazon PESTEL analysis Political-Amazonisane-commercefirmthatofferanonlinecatalogueof commodities for users all over the world. Economical- This factor consist different components like interest rate, currency exchange rate, labour cost, economic growth, inflation and deflation and many others. Social- This factor include demographic components, culture, beliefs and many more.
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Contd... Technological- It is the backbone of Amazon and technology form this firm one of the most profitable enterprise in the world. Environmental-Amazonhasopposedpressurefrominvestorsandother stockholders to reveal data reliable to environmental impact. Legal- The company properly follow all rules and legislation of the government of that nation in which it operate.
Contd... SWOT analysis Strengths- The organisation has a strong position and brand image in the market. It also offers wide range of online products and services. Weaknesses- The business venture face various issues regarding privacy that is the main weakness of respective firm. Opportunities- By offering different technologies like cloud computing, mobile device and learning & emerging technologies, the firm can make growth in its business. Threats- Trade wars and changes in regulations are main threats that affect Amazon.
Future options for business growth Ansoff Matrix Marketpenetration-Inthisthecompanycan make change in the process of products and use different promotional tools to increase sales and maximise customer base. Productdevelopment-Byproducingnew productsandservices,Amazoncanmake growth by adopting this strategy.
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Contd... Market development- This is more risky than product development because existing products are launched in to new market. Diversification- It is risky option as product and market both are new so by adopting this growth option, Amazon can expand its business in to new market.
Potential future strategic options for linking with other businesses Joint Venture- It is cooperative business venture that entered into by two and more business entities with the motive of a particular project or business activity and operation. Merger- It is a corporate strategy of joining diverse organisations into single firm in reference to develop the fiscal and operational capability of both firms that want to be merging their business. Acquisition- This strategic option can be defined as a corporate transaction where one firm buy a portion or all of another organisation’s shares or assets.
CONCLUSION This has been summarised that by adopting different growth options and strategy the firm can make development in its business. By implementing different strategical toolsandtechniqueslikePESTEL andSWOTanalysisassistthefirmin developing business and determining the impacts of external and internal business environment over business.
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REFERENCE •Rosenbaum,D.,More,E.andSteane,P.,2018.Plannedorganisationalchange management.Journal of Organizational Change Management. •Mihardjo, L.W. and Alamsjah, F., 2018. The role of distinctive organisational capability in formulating co-creation strategy and business model innovation.Polish Journal of Management Studies. 18. •Amazon.comInc.2020.[Online].AvailableThrough:< https://in.reuters.com/finance/stocks/company-profile/AMZN.O>. •PEST Analysis Of E-Retail Leader Amazon. 2020. [Online]. Available Through: < https://pestleanalysis.com/pest-analysis-of-eretail-leader-amazon/>.