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Reverse Engineering for Future: Strategies for Sustainable Growth and Innovation

   

Added on  2023-02-03

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Reverse Engineering
for future
Reverse Engineering for Future: Strategies for Sustainable Growth and Innovation_1

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Quality of leadership within CENTLEC to reverse engineer the future of business..................1
organisation’s strategy sustain a desirable future........................................................................4
the principles and frameworks of “blue ocean” strategy in CENTLEC company...................6
Recommendations of future trends in electrical industry...........................................................8
Financial impact on the company.............................................................................................10
Human development impact on company.................................................................................10
Innovation output on company.................................................................................................11
Conclusion.....................................................................................................................................11
Reverse Engineering for Future: Strategies for Sustainable Growth and Innovation_2

INTRODUCTION
This project discuss about reverse engineering as a process used by mechanical engineer.
This significant for analysing the design and components used by competitors. Performing this
process organisation can collect all relevant information regarding to products. Reverse
engineering is used to gain competitive advantage. Company can deduct all faulty codes in the
software and replace them with better codes. Further this project discuss about quality of
leadership within CENTLEC to reverse engineer the future of business, organisation’s strategy
sustain a desirable future, the principles and frameworks of “blue ocean” strategy in CENTLEC
company, recommendations of future trends in electrical industry, financial impact on the
company, human development impact on company, innovation output on company.
MAIN BODY
Quality of leadership within CENTLEC to reverse engineer the future of business
Reverse engineer is a process in which product or object is break down to analyse its
components like design, architecture. According to Gehl, (2014) this engineering is also called
back engineering. Reverse engineering help in extracting knowledge from that specific object.
This is a type of scientific research and it is applicable in all fields like mechanical engineering,
electronic engineering, etc. CENTLEC Company performs this process for several reasons. Their
main goal is to analyse the design of the product. This help organisation to gain information
about the product. The CENTLEC carry out this process in order to perform competitor analysis.
Reverse engineering help in maintaining the software.
Company extract the relevant information from the product and mechanical engineer
apply that in development of software. As perChen and et.al., (2018) this process minimise the
cost of operation, which results in increasing overall profitability of CENTLEC. Reverse
engineering help in deducting faulty code in software and replacing them with better code. This
help company in identifying the various alternative sources to identify the faulty codes. This
source is used to reveal the technology adopted by competitors to produce products. Hacker uses
this process to crack software to remove their copy prevention as stated by Morris (2016). This
technique is adopted by CENTLEC to find out the weakness in operating system. Reverse
engineering is used to analyse information system to identify the hidden aspects in system. It
helps in analysing strength and threats of Competitor Company. This process identifies weakness
in existing products and provides measures to improve that product.
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Leadership play major role in growth and development CENTLEC Company. Leader
guide their employees to successfully accomplish the goals of the organisation. They are
responsible for failure and success of organisation as included by Coyle (2016). Leader should
be confident enough in order to ensure that employees follow their instructions. They should be
compassionate and motivate enough to achieve target of organisation. Wise leader encourage
employees to actively participate in decision making process.
CENTLEC company under go various changes, in order to deal with changing
environment leaders should be flexible. They must adapt different leadership style based on
situations, context. Leaders should welcome suggestion and ideas of employees. They are
responsible for every activities of organisation. As explained Ghassemi Toosi (2018) Leaders
direct and instruct team members to accomplish goals and target of organisation. Compassion
and commitment are strength of good leader. The look after requirement of team members in
order to motivate and direct them. Leaders adopt leadership style according to situation. Team
members expect that their leader should make fair decision.
CENTLEC Company follow VUCA world of works. This process helps describing the
current business environment. Technology plays major in this dynamic environment. This help
in reaching large people in short time. Technology facilitates communicating with people living
in different part of the world. They can now easily share ideas and information with each other.
Multinational companies operate in dynamic environment elaborated by Palm, (2014).
CENTLEC Company design their products and services according to changing attitude of
customer's. Company adopt various strategies to promote and sell their products in market.
This is proactive technique that company adopt to analyse the trend in business
environment. CENTLEC continuously improve existing products and develop new products on
the basis of analysation. Environment is very unpredictable, company use trial and error methods
to survive changing sector of the economy included by Roskosch, (2015). This process is person
oriented, company design product according to customers thinking. CENTLEC s has to design
products more specifically and carefully.
VUCA stands for volatile, uncertain, complex and ambiguous. They are described as
follows
Volatile: business environment is dynamic in nature, preferences of people and product change
continuously. Products that have been manufactured 10 years earlier will become obsolete
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