Report on Strategic Management of IBM
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Added on 2020-06-03
Report on Strategic Management of IBM
Added on 2020-06-03
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Strategic Management
Table of ContentsINTRODUCTION...........................................................................................................................1Main body...................................................................................................................................11) Strategic management of IBM for maintaining the environmental conditions of thecompany......................................................................................................................................12.) Evaluation of the factors that will lay and impact on the investigation of the various factorsof the future growth and development of environment management using Ansoff matrix........43.) Evaluate the advantages and disadvantages of global procurement as a growth strategy,what are the risks and challenges?..............................................................................................5CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
1) Strategic management of IBM for maintaining the environmental conditions of the company.To maintain the strategic management of the company, IBM will take in consideration awide variety of various operations that will help the firm to maintain its environmental policiesand Corporate Social Responsibility in a better and sustainable manner. The environmentalstability of the cited business organisation will be dependent on different internal and externalfactors. Some measures elements that have been taken into effective consideration are describedas follows:EXTERNAL FACTORSPESTLE ANALYSIS:Political factors: IBM will look after the effective handling and management of variouspolitical or governmental factors or policies that have been set up by them to maintain theeffective functioning of the organisation and effective management of the wide range offunctions. This will help the cited business organisation to maintain and look after thevarious operational measures that will support the maintaining of environmentalconditions by IBM. The government will help in giving the betetr stability andcontrolling the tariffs. But the trade control policies can lay a negative impact on the citedfirm (Barney, 2014).Economic factors: The cited business organisation will see through the better handlingof wide range of economic operations to maintain economic viability of the company.The better handling of the environmental conditions will help in providing the stableeconomic position in market and meeting the needs and demands of the company.Moreover, the approaches like recycling or e waste and cost cutting the manufacturingitems will not only prove economically beneficial but also will help in maintaining theenvironmental stability (Moutinho and Vargas-Sanchez, 2018.). The inflation rate in UKor the post Brexit economic conditions will lay in decrease in the adaptability of theeffective measure to adopt environmental policies (Bettis And et.al., 2016.).Social factors: The social factors will also play a very deep and significant role in thehandling of wide variety of operations that will impact the social conditions. The firm hasto look after the effective and environment friendly measures to minimise the impact onthe society. They will see through the effective management of the different operations1
which will help in meeting the needs and demands of the company as well as the society.The rise in health concerns and environmental concerns with the emphasis on safety ofpeople will lay a major impact on the productivity and environmental strategy adoptionby IBM (Christensen and Clark, 2017).Technological factors: IBM will look matter the better adopting of various environmentfriendly technical measures which will help in effective rise in the productivity andmaintain the operational efficiency of the business organisation. The adoption of betterand environment supporting or green technologies will help the firm to gain higherproductivity and maintain environmental effectiveness. Besides this, the technologicalfactors will help IBM to adopt a better environmental friendly infrastructure to protectenvironment in a better way (Ethiraj, Gambardella and Helfat, 2016).Legal factor: The legal measures or the policies that have been decided by thegovernment or the environmental organisation to maintain the viability of nature will helpIBM to plan the suitable measures and strategies to meet the environmental needs anddemands (Ginter, 2018). The legal factors will help in improving the following of betterenvironmental laws and maintaining of pollution standards on emissions etc (Ginter,2018).Environmental factor: Besides this, IBM will see through the effective handling ofdifferent measures that will help in maintaining the ecological scale and wellness of theenvironment. The cited business organisation will develop appropriate strategy formeeting the environmental needs and demands. More green electricity or power savingmeasures must be taken by IBM to maintain the environmental strategy (Hill, Jones andSchilling, 2014).The better handling of these operations will help in meeting the environmental needs anddemands of the company. It will, help the company to plan and develop better environmentstrategy that will help IBM to handle the operations and meeting requirements in a better way.This will help the firm to implement and utilise the better EMS system and fulfil its corporateneeds.PORTER'S 5 FORCE MODEL2
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