Business in Practice BSS065-3 Report: Analyzing TG Solutions' Business

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This report analyzes TG Solutions, a technology solutions provider, addressing its business issues and proposing recommendations for growth. It identifies internal and external challenges using SWOT and Porter's Five Forces frameworks. The report examines business expectations, including business analysis, stakeholder involvement, and design thinking. It then presents real business proposals, such as business model innovation and Porter's generic strategies (cost leadership and differentiation), to enhance TG Solutions' competitive positioning. The analysis highlights the importance of innovation, market expansion, and strengthening consumer relations for sustainable business development. The report emphasizes the need for strategic vision, marketing, and quality service delivery to achieve long-term success in the competitive technology solutions market.
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Business in Practice
BSS065-3
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Table of Content
INTRODUCTION...........................................................................................................................4
MAIN BODY...................................................................................................................................5
Identification of business issues..................................................................................................5
Expectations of business.............................................................................................................7
Real business proposals ..............................................................................................................8
Recommendations.....................................................................................................................11
CONCLUSION .............................................................................................................................13
REFERENCES..............................................................................................................................13
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INTRODUCTION
Business practices have huge impact on overall functional performance aspects for larger
scope within competitive industry domains, for bringing on new fundamental efficacy
parameters and diverse goals' development. Business practices have varied demand for
technology functional standards and for bringing on new scaled innovations, for keen scale
connective strengths within services. TG solutions is an expert providing technology solutions
from independent shops and multi store international chains, where software management and
hardware solutions services. It caters to customers within retail, leisure and hospitality industry
ad within innovative functional avenues where there is competitive efficacy t o be adopted by
company strengths. The report will be analysing TG systems problems within company internal
functions with usage of strategic tools, decision making aspects which are widely imperative for
bringing on scaled growth avenues. The study will be further discussing real business proposals
as recommendations for bringing on scaled growth development, new functional evolution and
also for forming strong brand within competitive industry domains (Erdogan, Rondi and De
Massis, 2020).
MAIN BODY
Identification of business issues
The identification of business issues hold high scope within competitive industry for
bringing on up scaled networking and new evolving avenues on which there are varied use of
strategic tools, through which internal competencies can be analysed imperatively. TG Solutions
have to focus on internal as well as external business performance metrics for stronger vision
oriented goals and connective strengths for up scaled productive standards.
SWOT MODEL
The swot model will enable us to identify internal issues and business performance where
there are various internal aspects analysed, where TG systems will be able to form new
imperative efficacy goals within future. Strengths: TG systems has strength of consumer goodwill due to its satisfactory quality
services which has enhanced its brand name and also for productive diversion domains,
where there Is scope within future scale services. TG systems strengths have been
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identified as larger range of services where it has been heading towards forming new
scale innovation strategically. Weaknesses: The company lacks productive vision as weakness within production and
services for which there has been identification of varied up scaled networking lacking.
TG systems also need to focus towards up grade its solutions technical viability and
capital expansion, for expanding into new untapped market arenas. This weakness can be
understood to be widely reducing its efficacy goals in longer run where customers
preferences have to be more critically analysed. Opportunities: TG systems has varied scale business opportunities for entering into new
horizons of smart technical solutions providing services by strategic vision oriented
investments in range of capital and also for expansion into untapped market. The
strength of goodwill and quality services shall be used for entering into functional scope
horizons for training employees, entrance into new domains expertise and corporate
strengths development (Cillo, Petruzzelli and Del Giudice, 2019). Threats: TG systems faces threat of internal deficiency within company business
standards where old technology hinders growth and customers oriented services, as there
is varied lack of innovation also. The production standards lacks innovation among new
technical aspects for which TG systems faces threats and hindered efficacy which also
limits explorations into new industry domains.
Porter 5 force framework:
The porter 5 force framework will be analysing external forces which are factoring
impact on new competitive analysis which are bringing on factoring force and also for bringing
on new scale structural change within business scale connective avenues. TG systems external
force factors bring on competencies where there are larger scale connective strengths, also to
evolve on up scaled targets which have been widely expanding. Threat of new entrants: TG systems faces competitive aspects within threat of industry
domains where there are new entrants coming up in form of start ups, in form of wider
technical innovation and also for up scaled networking which bring on diverse range of
competitive pressure. Threat of new entrants has been progressively coming on rising
external competencies variably for which there is issue within internal business structure
aspects imperatively at TG systems.
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Threat of industry competitive rivalry: There is also threat of industry competitive
rivalry within business horizons on which technology standards are widely rising and
development of new scale functional scope avenues are developing. This has been
identified as business issue for TG systems on which technical viable growth scope is
lacking and also formative up gradation has to be scaled up. Threat of buyers power: The power of buyers has medium power of impacting its
revenue targets as quality of services is strong where consumers have satisfactory
goodwill. So It can be analysed that power of buyers is limited moderate, and there is
varied up scale force for bringing on new scale technical productive innovation. Threat of suppliers power: This factor also holds moderate risks as suppliers price
demands have been competitively stable and moreover TG systems plan to focus on
raising its own functional standards within products and services among consumers
supply range. Suppliers have to be widely formed on strategically where TG systems
have to focus on aspects which are imperative to yield on focus and innovation
(Blomsma and et.al 2019).
Threat of substitution: This factor also identifies risk within business scale where there
are new services and varied scale products available on which threat of substitution has to
strategically focused on for forming new scope horizons. The threat of substitution
brings on new developed commercial efficacy connective strength for which TG systems
have varied scope goals to be strategically formed on.
Expectations of business
Expectations from business is essential for identification of future work goals
performance horizons, new scale targets to be connected and also for raising competencies on
longer run where TG solutions has varied aspects rising scope for commercial strength
development. Business analysis and monitoring: TG systems shall further focus on improving internal
business analysis functional strength among competencies, which will enable monitoring
to raise connective strengths and goodwill horizons. It will enable business standards to
grow on varied scale efficacy scope horizons and also form up wider expectations within
business paradigms to evolve with innovation. Mangers and leaders expect rise in
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revenue goals and targets among consumers goodwill for up scaled efficacy and
functional strengthened metrics on longer scale connective strength. Involving multiple systems and stakeholders: TG systems by focusing on involving
multiple systems and stakeholders functional strengths formation aspects will be able to
competitively enhance its goodwill among target consumers. Stakeholders shall
collectively focus on developing ethical diversity standards by being strongly focusing
ahead on new diverse range of larger scale goal diversity aspects. The traning of
employees shall be expanded for imperative strength within business horizons and also
for commercial growth and developed efficacy horizons for informative goals. This
factor widely brings on up scaled networking demand and strategic vision oriented goals
imperatively for new creative ideas connective strength (Keiningham, Aksoy and
Kearney, 2020).
Design thinking: TG solutions has to focus on design thinking aspects within digital
technical services to clients where corporate culture evolution with creative development
will enable business to expand strategically and bring on rapid dynamic changes. The
design thinking hold competencies within scenarios involving multi-dimensional and
multidisciplinary teams performance enhanced functional scope horizons. This also
brings on synergy for using change management goals to bring on keen domains'
efficacy on longer revenue targets. Design thinking has been analysed to be
competitively.
The above discussed aspects of expectations from business can be analysed as widely imperative
for keeping up new scale innovation retained at work and also for scaling up dynamic work
competencies which raises connective strengths. TG solutions shall be able to form new space
collectively by framing targets at frame and enhancing functional pace widely where software
and hardware solutions hold wide demand. This has been also analysed as one of the widely
focused on aspect for leveraging new profit targets and services expansion into new horizons for
keeping up keen strengthened positioning at frame (Ko, Chen and Takeda, 2020).
Real business proposals
There are various new profound scale business models and strategies which bring on
diverse range of real business proposals to companies where TG solutions will be able to
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competitively focus on new arenas, also expand consumer target markets and strengthened its
business goal diversity aspects. Real business proposals will aim to bring on practical changes
within identified business issues such as lack of corporate expansion at TG systems, lack of
technical viable growth goals and also less innovative services where there is hindrance faced
by TG systems.
Business model innovation
The business model innovation can be analysed as development of new, unique concepts
and financial viability standard where vision, mission and procedures goals have to be formed
on for raising functional scale growth. Commercially there is varied demand among clients and
consumers for fast, instant services pacing up the technical efficacy connective strength largely
where TG systems needs to re innovate operations value and delivery among consumers for
innovative business connective strengths and international expansion. TG solutions company
will be able to evolve on transforming capabilities, transforming vision and marketing
paradigms widely and revenue model targets widely which will enable business proposition
aspects to be strategically developed on. Business innovation model bring on scaled goal
diversity with value domains where creative value shall be focused on within products, services
innovation for value proposition and market dominated innovative functional standards.
Capturing value and delivering value are other aspects on which operational scale avenues and
shall be formed on, where TG systems have varied scope. The business innovation model has
bee identified as one of the widely essential model for creating competitive positioning among
industry domains and for creative functional scale leveraging efficacy. TGS systems by moving
on producing new scale connective strengths, keen evolving aspects among keen arenas of
technology enables business productivity to be worked on variably. There is also functional scale
demand for consultancy, retail software, hardware and security horizons on which commercial
developed productivity has been raising effectively. It can be also keenly analysed that there is
varied competencies coming on among scaled quality technical solutions services where
consumers often opt for new digital platforms connective strength (Kraus, Filser and Thurner,
2020).
Porter generic strategies
There are various types of competitive advantage strategies combined within scope of
innovative creative services and formation of quality delivery among consumers where new
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strategic vision oriented scale domains can be enriched imperatively. TG systems will be able to
evolve on new domains of effective marketing and business strategic positioning, where
consumers functional targets can be competitively build on. Cost leadership: Cost leadership requires close cooperation between all functional areas
in business avenues where the lower cost production standards bring on larger range of
connective strengths. TG systems shall develop new scale high capacity connective
strengths on which bargaining aspects for production shall be competitively expanded,
and also for raising stable growth on varied targets (Lüdeke-Freund, Schaltegger. and
Dembek, 2019). Cost focus: Business seeks lower cost advantage in just one or small number of market
segments imperatively for framing high informative space, keen domains development
and harnessing cost generated scale domains. TG solutions by focusing on cost focus will
be able to develop strategic space, connective viable consumer oriented scale services
within quest goals and also for forming informative efficacy vividly. Differentiation leadership: This factor can be analysed with aspect that TG solutions
shall competitively bring on focused leadership among company services and quality
strengthened services, for which it requires substantial marketing investments widely.
The methods on which TG solutions systems can focus are superior product quality
aspects, branding with value developed competencies within industry domains and also
keep up with best marketing strategies. Differentiation leadership enhances overall brand
value connective strength and raises connective developed value for which new scale
efficacy shall be enhanced ( Liu and Stephens, 2019). Differentiation focus: This factor holds high scope for bringing on scaled changes by
bringing on best customers oriented services and also form larger scale connective
strengths for which differentiation will be able to enhance its competencies. This factor
holds wide scope in new scaled efficacy aspects where TG systems shall focus further for
bringing on best digital solutions standards services. TG systems will be able to expand
within new horizons for bringing on unique services, keen productive goals connecting
among consumers goodwill targets.
Kurt Lewin change model:
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The change management model brings on new functional scale innovation at work by
analysing new scale connective strengths, vision oriented domains connective strengths and also
up scale quest horizons. TG solutions by focusing on change management model will be able to
leverage new scale growth in implementing new vision oriented change and also productively
expand into untapped horizons. Unfreezing: TG solutions systems shall focus on removing barriers and old changes
within management where old changes needs to be removed widely, where unfreezing
enables business development grown up imperatively. Unfreezing shall further focus on
analysing arenas where capital investments need to be planned on, also to focus on
motivating employees for strategic development within new changes by planning down
their training ( Oliva and et.al 2019). Freezing: TG systems at freezing shall bring on strategic competencies in planned format
at this stage by focusing on upscale targets, freeze on new scale changes developed
within and also form new scale diverse goals. The freezing shall competitively focus
further for creative connective strengths and enhanced business domains at work for
keeping up with targets at revenue, goodwill among consumers. Freezing will be also
focusing to bring on skilled employees at work by enabling new goals profound efficacy
at work and also form functional scale growth, by keeping up targets functionally in
mind.
Refreezing: This step will make strategic vision oriented focus on evolving for
monitoring changes at pace and also form assessment to form on informative avenues,
where analysis will be focusing on new profound growth strategies. Refreezing shall be
focusing further for keeping up with wider scale connective strengths where targets
monitoring shall be done strategically.
The change management model implemented will enable business scale connective strengths to
be developed widely at frame on which new growth evolution has been analysed for TG
systems. Brand will be able to be on competitive domains for keeping up with targets at
functional scenarios and also up grade functional aspects within vision oriented growth
objectives (Pieroni, McAloone. and Pigosso, 2019).
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Recommendations
There are various new changes within scaled domains productivity by which TG systems
will be able to form strategic positioning within industry, bring on up scaled diversification and
range up productive goodwill and revenue targets imperatively. Bringing holistic changes to management: TG system by focusing on bringing holistic
advanced changes at management will be able to evolve on new functional scope
horizons and formation of keen market domains changes which raises connected
strengths. The revenue targets will be expanded into lager scale by operating with new
profound growth goals, keeping up new collective innovation and training with the best
leadership at work. TG systems by heading on upgrading new scale functional
investments into management will be able to yield on informative connective efficacy
within new horizons. Redesign thinking: TG system by heading on innovative scale redesign thinking will be
able to keenly evolve on keen parameters of efficacy into providing hardware and
software solutions, where technical strength enables business productivity targets to be
connected effectively. This may also include capital scale expansion among market
reach within competitive industry domains and also for raising new collective stable
growth operational metrics. TG systems shall be also productively stringent for
redesigning its operational avenues, profound strengthened business positioning on
which keen viable growth operational strategic development can be build on. Smarter management training: TG solutions shall also further invest on enhancing
employees skills and services by providing training and new scale management training
among varied aspects, for which leaders have to be widely participative. Faster and
smarter management training enhances business connective strength problem-solving
abilities and also deliver functional rapid development within new domains. This can be
also analysed that smarter training will not only generate motivation among employees
and also up scale connective strengths within business horizons profoundly. Training
imperatively enhances new scale connective domains at work among employees where
TG solutions will be able to yearn on strategic vision oriented domains into new arenas.
Partnerships and joint ventures: It can be analysed that TG solutions needs to focus on
focusing towards business partnerships, joint ventures and connective stable
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diversification aspects which will evolve on new untapped customer markets.
Partnerships and joint ventures shall enhance business reach competencies into larger
scale diversification aspects and also promote wider scale connective strengths, for
keeping up with scaled domains informatively raise evolution among new keen arenas
collectively. This will enhance new keen avenues informatively and also promote
dynamic scaled connective stable growth among new domains, where this will enable
TG solutions to form strategic space into untapped horizons and deliver new competency
horizons. This has been identified to be forming stronger vision oriented domains
strategic growth and new functional scale connective viability (Schaller and Vatananan-
Thesenvitz, 2020).
The above discussed aspects have been analysed to bring on up scaled connective strengths and
new keen avenues profoundly, where TG systems will be able to form the best competencies at
work and also raise collective strengthened domains.
CONCLUSION
The report has concluded TG systems company is one of the widely growing company
providing up scaled technical solutions to commercial clients from various industries where
study has researched issues faced at present. Study has concluded that TG solutions faces
competition raising within industry domains and also there is keen evolving synergy lacking
within creative innovation horizons. The research has concluded further analysis with usage of
SWOT and porter, also further various new scale strategies such as porter generic strategies
have been identified. Study has also concluded that TG solutions need to amalgamate on new
paradigms of innovative business scale connective strengths, using profound diversity for
training employees at management and also raise revenue profit targets. Report concludes
efficacy targets at business frameworks where TG system will be able to formally expand into ne
horizons , form upscale networking among clients and evolve on new domains within targets.
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REFERENCES
Books and journals
Blomsma, F., and et.al 2019. Developing a circular strategies framework for manufacturing
companies to support circular economy-oriented innovation. Journal of Cleaner
Production. 241 p.118271.
Cillo, V., Petruzzelli, A. M. and Del Giudice, M., 2019. Understanding sustainable innovation:
A systematic literature review. Corporate Social Responsibility and Environmental
Management. 26(5). pp.1012-1025.
Erdogan, I., Rondi, E. and De Massis, A., 2020. Managing the tradition and innovation paradox
in family firms: A family imprinting perspective. Entrepreneurship theory and
practice. 44(1). pp.20-54.
Keiningham, T., Aksoy, L., and Kearney, T., 2020. Customer experience driven business model
innovation. Journal of Business Research. 116. pp.431-440.
Ko, W. W. J., Chen, C. H. S.,. and Takeda, S., 2020. IT-based product innovation strategies for
small firms. Information Technology & People.
Kraus, S., Filser, M., and Thurner, S., 2020. Business model innovation: A systematic literature
review. International Journal of Innovation and Technology Management. 17(06).
p.2050043.
Liu, Z. and Stephens, V., 2019. Exploring innovation ecosystem from the perspective of
sustainability: Towards a conceptual framework. Journal of Open Innovation:
Technology, Market, and Complexity. 5(3). p.48.
Lüdeke-Freund, F., Schaltegger, S. and Dembek, K., 2019. Strategies and drivers of sustainable
business model innovation. In Handbook of Sustainable Innovation. Edward Elgar
Publishing.
Oliva, F. L., and et.al 2019. Innovation in the main Brazilian business sectors: characteristics,
types and comparison of innovation. Journal of Knowledge Management.
Pieroni, M. P., McAloone, T. C. and Pigosso, D.C., 2019. Business model innovation for
circular economy and sustainability: A review of approaches. Journal of Cleaner
Production. 215. pp.198-216.
Schaller, A.A. and Vatananan-Thesenvitz, R., 2020. Business Model Innovation Roadmap: A
Delphi Survey Validation. In ISPIM Conference Proceedings (pp. 1-16). The
International Society for Professional Innovation Management (ISPIM).
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