This document explores the concept of strategy and change in organizations, focusing on Atlassian. It discusses the external environments, strengths, weaknesses, opportunities, and threats faced by Atlassian. It also analyzes the capabilities and competencies of Atlassian and its ability to cope with future challenges.
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Strategy And Change0 Strategy and Change
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Strategy And Change1 Student Name Table of Contents Introduction......................................................................................................................................2 External Environments....................................................................................................................2 Strength........................................................................................................................................2 Weakness.....................................................................................................................................2 Opportunities................................................................................................................................3 Threats..........................................................................................................................................3 Capabilities and Competencies of the Atlassian..............................................................................3 Analyses weather the Atlassian capabilities and competencies are sufficient to cope with the future challenges..............................................................................................................................4 Conclusion.......................................................................................................................................5 References........................................................................................................................................6
Strategy And Change2 Introduction One organization established in 2002 by 2-college friends Mike Cannon-Brookes and Scott Farquhar for productivity and collaboration tools for business name called Atlassian, which is Specialize in this sector. This is an Australian team collaboration software company. This helps the organization to finalized and perform share work. Products of this organization are Jira, Confluence, Hip chat, etc. This company holds 5 million activeusers. There are 5100- organization use their products like Facebook, Netflix, NASA, BMW, etc. This organization provides their staff with a good work environment and donates 1% of product, profit, and time to charity. Policies of Atlassian holds good rank in comparison to other organization. This organization will look a bunch of younger people that show their balance between strategy and adapting the changes. Analysis of the environments of Atlassian, their capabilities, and competencies towards the future(Kohler, 2013). External Environments Many externalenvironmentsaffecttheAtlassianthatcouldbeintheform ofstrength, opportunities,weakness,competitions,andthreats.Withthehelpofthesefeatures,this organization ensures good performance for the market requirements. Strength Strength factor shows as it spent 21% of revenue on selling its product. Which indicate as no other similar business close to this ratio. This factor exploits and expands the value of the share of organization. This organization executes an updated project and generates a good return on their capital. Dealer community in this organization holds strong network. It ensures to provide superb performance in the new market. Atlassian is one of the leading company that holds numerous strength. It shows good record regarding developing the new products. It holds a skilled workforce through learning scheme and successful guidance(Atlassian, Corporation, 2019). Weakness This is a factor on which Atlassian make choices and like to work on it. This reduced by investment in new technologies. The Organization also holds a higher attrition rate and have to invest a lot more compared to its competitors on the training of the employees and on their
Strategy And Change3 development. The percentage of profitability ratio and net contribution percentage ofthe organization are below the industry level. It not shows their interest in tackle the changes, which is necessary for growth. If we compare Atlassian has a higher attrition rate rather than its competitors. This organization needs to build the network regarding feedbacks and need to work on it(Atlassian, Corporation, 2019). Opportunities Atlassian introduced itsorganizationwith neweconomicenvironmentpolicies. Thiswill increase the ratio of a new customer. This will also decrease the cost of transportation. This will open the new market for investors with future sustainability. Stable free cash flow provides opportunities to invest in the sector of product development. The window of opportunity will open automatically for Atlassian towards a new emerging market. The Rate of inflation will bring more stability when it becomes low and will enable credit at a lower interest rate. This will pass the benefit to its customer to achieve market share(Atlassian, Corporation, 2019). Threats Continuous growing nature of Local distributors presents a threat to the organization. New environment regulations could be a threat to existing product categories. It can face a lawsuit in various market. Development of updated technology can bring a serious threat to the long-term benefits of this organization. Changes in the policies of liability laws can also be a serious threat to it. Organization introduces many products that also shows a threat towards innovation, as they need to introduce themselves by supply innovative products in terms of the success of Atlassian (Atlassian, Corporation, 2019). Capabilities and Competencies of the Atlassian This organization likes to work in the environment name called the power of the teamwork. They believe every great human achievement indicate the power of a team. It believes to provide all over the world advance humanity through the power of software. This organization voted for providing good work with the best place in Australia. It also holds the seventh rank in the U.S., and first in Asia. It believes as every team has the potential to do the amazing thing when the work is open. Openwork is the center of Atlassian values. This organization work towards the execution and tracking of their software tools(Atlassian, Corporation, 2019).
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Strategy And Change4 It helps to increase and achieve the targets of their organization and redefines the strategy towards limits. It creates every aspect of their work towards the potential of the organization. Simple and affordable, scale oriented, organic and expansive tools regarding software provide by Atlassian for the keep moment on of their organization. This also helps them to protect and promote their business(Atlassian, Corporation, 2019). It took various analysis that includes many changes and trend in the environment. This includes many analyses like demand, industry, competitor, and opportunities in the company. It looks for their future sustainability that shows their potential towards these analyses. This organization follows the principle of measure twice and cuts once. This principle shows its potential regarding their services. This organization follows the principle of strategy and execution. It established himself as a competitive company by the acquisition of Trello. Which helps to provide the offers solution to business teams(Atlassian, Corporation, 2019). Analyses weather the Atlassian capabilities and competencies are sufficient to cope with the future challenges A factor of success for the organization is Business-to-Business workplace software. Which creates a vendor’s capacity in producing tools for a planner, production, satisfaction, and global reach. Many changes affect the technology segments of this organization. This is necessary for software development company Atlassian to adopt the changes and achieve the growth target (Atlassian, Corporation, 2019). This organization provides its customer with different services for all sizes of customer ranging from individuals to established big enterprises. It is capable of providing services to technical, business, IT service team, and software teams(Atlassian, Corporation, 2019). Atlassian core competition is against technology development. Distribution model, Research and Development are also the major competencies for this organization. Change of climate in which organized by the support of CSR needs to make the efforts regarding reducing the impact on the environment and to update the strategies. This organization is a software company and this called as a green company. This company holds two main inputs being human beings and electricity (Atlassian, Corporation, 2019).
Strategy And Change5 This organization spent 21% of its revenue on selling its products. Other businesses do not come close to this ratio of it. Because of the competencies. This organization is changing their way of thinking by distribution and promotion. This organization enhancing a good percentage of revenue on building a great product keeps the price low looks on the demand, and make them available.Itholdslowbuyingpower,whichaffectsthecostandscheduleofongoing performance. Capabilities of Atlassian authorized it to compete with its competitor such as Hewlett Packard enterprise, Google, Zen desk, IBM, service now(Atlassian, Corporation, 2019). Conclusion This organization likes to work on listening to their people who used their software. Project managementsoftwaremakesitsimpletoresearchandshareanidea.Thesoftwareof organization helps to complete the work smarter than harder. The help of project management software does this. This helps Atlassian to work with the participation and to collect viewpoints that feel the intimated or reinvest at the outset. It looks toward point out the team’s expertise and resolves them after feedback and comment. This organization likes to follow the SWOT analysis procedure, which helps them to create their reviews regarding the development of their products. It also introduced themselves by following the market research policies that help them to create more stability towards their product development. This organization creates more vision towards competitors to make sustain their product.
Strategy And Change6 References Atlassian. (2019, 04 05).Corporation.Retrieved from Fort University: http://fernfortuniversity.com/term-papers/swot/nyse/3965-atlassian-corporation-plc.php Atlassian. (2019, 04 05).Corporation.Retrieved from Fort University: http://fernfortuniversity.com/term-papers/swot/nyse/3965-atlassian-corporation-plc.php Atlassian. (2019, 04 05).Corporation.Retrieved from Fort University: http://fernfortuniversity.com/term-papers/swot/nyse/3965-atlassian-corporation-plc.php Atlassian. (2019, 04 05).Corporation.Retrieved from Fort University: http://fernfortuniversity.com/term-papers/swot/nyse/3965-atlassian-corporation-plc.php Atlassian. (2019, 05 04).Corporation.Retrieved from Fort University: http://fernfortuniversity.com/term-papers/swot/nyse/3965-atlassian-corporation-plc.php Atlassian. (2019, 04 05).Corporation.Retrieved from Fort University: http://fernfortuniversity.com/term-papers/swot/nyse/3965-atlassian-corporation-plc.php Atlassian. (2019, 04 05).Corporation.Retrieved from Fort University: http://fernfortuniversity.com/term-papers/swot/nyse/3965-atlassian-corporation-plc.php Atlassian. (2019, 04 05).Corporation.Retrieved from Fort University: http://fernfortuniversity.com/term-papers/swot/nyse/3965-atlassian-corporation-plc.php Atlassian. (2019, 04 05).Corporation.Retrieved from Fort University: http://fernfortuniversity.com/term-papers/swot/nyse/3965-atlassian-corporation-plc.php Atlassian. (2019, 04 05).Corporation.Retrieved from Fort University: http://fernfortuniversity.com/term-papers/swot/nyse/3965-atlassian-corporation-plc.php Atlassian. (2019, 04 05).Corporation.Retrieved from Fort University: http://fernfortuniversity.com/term-papers/swot/nyse/3965-atlassian-corporation-plc.php Kohler, S. (2013).Atlassian.Sydney: Packet.
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