CENTLEC: Leadership, Strategy, Blue Ocean and Future Trends

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This report examines CENTLEC's leadership in the context of reverse engineering, organizational strategy, and the application of the "blue ocean" strategy. It analyzes the quality of leadership within CENTLEC, focusing on its ability to adapt to a dynamic business environment and guide employees toward organizational goals. The report explores CENTLEC's strategic approach to creating a sustainable future, emphasizing the importance of minimizing operating costs and maximizing profitability through effective strategies. It then applies the principles and frameworks of the "blue ocean" strategy to a specific department within CENTLEC, highlighting its potential for innovation and market differentiation. The report concludes with practical recommendations for aligning the business with future macro trends, considering financial, human development, and innovation impacts. The analysis includes a discussion of VUCA (Volatility, Uncertainty, Complexity, and Ambiguity) factors and their influence on CENTLEC's operations, as well as an assessment of the company's ability to adapt to changing customer preferences and market dynamics. The report emphasizes the importance of leadership in guiding employees to successfully accomplish organizational goals and the use of strategies to increase overall profitability and revenue.
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Reverse Engineering
for future
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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
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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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because of change in market trends. Company launch new products by analysing trends of
changing environment. Central bank offer flexible interest rates to motivate company to launch
new products. If a company desire to be successful in long run they have to accept changing
culture. According to Baronio (2016) understanding various aspects of business is very essential
for leader. They garb opportunities existing in business environment. Leaders should be aware of
different alternate and select best from available alternate. They are responsible of every
activities related to business.
Uncertain : business environment is unpredictable, in order to become successful leaders should
predict all favourable and unfavourable aspects of business. As per the Priyono (2018) leaders
should be interested in different cultures and trends. They must motivate employees to recognize
different cultures and backgrounds of their superiors. Economy experience two phase inflation
and deflation. These changing trends negatively affect the stock market. Business environment
face huge consequences because of globalisation. Changes in economic structure affect events
related to business.
Complex : CENTLEC organisation is affected complex environment forces. Changing
environment has resulted in increasing complexity, according to Morales (2015). because of
technology advancement leaders can deliver information easily to their team members.
Organisation implement various techniques to promote their products and services. They use
different ways like print media, television and radio to reach maximum people in short time. In
current business situation advertisement has also become very complex. Right advertisement
help in delivering right information to public. CENTLEC company has identified high
complexity in all business process.
Ambiguous : relationship between organisation and customers are very complex and unclear. It is
very significant to realise trends in emerging market. They launch new products in order to
survive tough competition in market. CENTLEC company understand the cause and effect
relationship. They launch new products on trial basis. They collect feedback from the customers
about the product. On the basis of feedback they modify their existing products. Leaders analyse
attitude of customer's towards specific products and implement different strategies in order to
improve products. As per the Sugimoto (2017) Company launch products according to the
demand of customers. This will lead to high level of satisfaction among customer's.
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organisation’s strategy sustain a desirable future
Organisation adopt various plans and strategies for sustainable growth and development
in future. CENTLEC target to minimise operating cost of organisation and increase the over all
profitability. These strategy help in achieving current growth without affecting the future
resources of organisation. CENTLEC implement strong growth strategies in order to achieve
sustainable development. According to Morris (2016) many organisation fail to achieve their
desired target. CENTLEC implement strategies to increase overall profitability and revenue.
There are various alternative available in business environment.
It is important to grab significant opportunity that help in sustainable growth and
development of organisation. Managers implement techniques improve production process in
order minimise the cost of operation. CENTLEC has powerful and strong infrastructure. This
help in eliminating chances of confusion among various department. It is significant to have
synchronization between different organisational strategies to effective utilise resources.
Leadership skills should be implemented at all level of management. Leaders identify strategies
related to growth of customers. CENTLEC company divide customers in different section.
Senior leaders identify key factors that help in potential growth and development of organisation.
They identify various opportunity related core business.
CENTLEC adopt customer focus strategies. They focus on satisfying need of customer's.
Leaders evaluate over all performance of the organisation. This include setting up of the bench
mark. They measure performance of employees against that set bench mark. As per the Toosi,
(2018). reputation of firm is dependent upon increasing rate of revenue. Leaders take necessary
steps to renew the operational process. Strategies are designed according to existing customers
demand. Implementation of customers related strategies help in creating high impact on
satisfaction level of customers.
These strategies assist both managers and leaders of the organisation. Strategies are
nothing but a guideline that help in increasing profitably of the organisation. CENTLEC divide
customer's on the basis of their nature, attitude and preferences. according to Harran (2016)
leaders target customer's on basis of this division. Customer's are generally segmented on the
basis of new segmented needs, buying patterns, etc. other competitive organisation focus on
lower end customers. They produce economy products and goods that are easily affordable by
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the people. These strategies help customers in moving to a profitable position. CENTLEC
provide order online facilities to their customers. These techniques help in minimising the
serving cost of customer's. Many customers are attracted towards lower cost strategies. They
generally prefer buying products of economy range.
Customers focused strategies are generally adopted by new firms those who wish to enter
the market. Leader of CENTLEC focus on satisfying the current needs and desire of the
customer's. Organisation get various valuable opportunities to increase profitability of the
business. Leaders consider alternative growth opportunities related to core of business. In order
to minimise the risk leaders adopt effective growth strategies. Leaders identify various threats in
adjacent to options related to growth. Effective utilisation of resources help in delivering high
value of services to customer's included by Atakan (2015). Leader analyse capabilities of
organisation for example they provide useful advice related to launching of new products in the
market. Sustainable development strategies play major role in providing outstanding level of
customer's satisfaction.
Leaders consider various factors like economical, technological before implementing any
strategies. Customer's focused techniques highlight key aspects of of customer's satisfaction.
CENTLEC company provide outstanding level of customer's service. Employees of the
organisation coordinate willingly with each other in order to deliver quality products to their
customer's. Organisation adopt different structures and strategies to deliver special services to
customers
the principles and frameworks of “blue ocean” strategy in CENTLEC company
This is a set of analytical tool that help identifying the level of competition in market. It is
useful tool for new entrants in market. This strategy was introduced by Kim and Maubronge.
Blue oceans suggested various marketing strategies that are very useful for buyers and
manufactures. This help in identifying new demands of customer's. This theory make
competition irrelevant it provide various analytical tools for organisation to capture Market
quickly. In this market company grab opportunities related to competition. New entrants found
this market profitable and enter. Market become crowded because of increase new entrants. This
will reduce share of profits of firms existing in market. Blue oceans denote each and every
industry which is not existing at present included by Morris (2016).
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The unattained by competition and typical market space. Demand is developed in blue
oceans, there is a great opportunity for development and growth which is fast and profitable.
Within blue oceans, competition is not relevant, as the rules regarding the game are not said.
Blue oceans refers to an analogy which determines deeper and wider potential of market space
that is unexplored. This strategy promotes innovation in existing products in order to increase
sale. Innovation play major role in minimising cost and creating value for both buyers and
customer's. Industry is dynamic, it changes according to preferences of customers. Trends in
business market do not remain same for long duration of time. As per the Martin, (2018)
customer's preferences continuously change and develop gradually. The main reason behind
change in market trends are participants and market gradually develop them. Operations help in
improving market conditions.
Market change and grow, these changes attract customers. Innovation has huge potential
to change the existing market situation. Market should not underestimate the capacity of the
organisation to innovate new process. Blue ocean strategies focus on innovation, it motivate
organisation to modify their products or manufacturing process. If CENTLEC primary goals is
to gain competitive advantage. according to Morris (2016) customers demand for innovation in
products and in order to meet customers requirement the adopt various strategies to modify and
develop their product and process. To gain competitive advantage organisation should explore
unused market. Blue ocean strategy help organisation to face competition in market. Blue ocean
provide organisation with guidelines to face competition depending upon the business model
they follow. CENTLEC follow cost effective competitive strategies. Blue ocean describe
holistic and realistic face of competition. These strategies are adopted after evaluation all
business circumstances.
Blue ocean strategies are also known as value of innovation. These strategies help in
lowering the cost of production and thus creating value for both buyers and customer's. The
launch new products in market and try to capture market with innovation. CENTLEC take
strategic move to create and raise the value of product in market. Innovation deals with
continuously removing or eliminating the features that has less value in market. Blue ocean
strategies help in increasing competition in market. This help in dividing the existing demand of
customer's. As per the Coyle (2016). organisation set bench mark for other competitors in
market. Strategies help in meeting up of the existing demand of clients. Innovation in products
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help in avoiding the competition in market. Business ocean generally consist of two kind of
ocean one is red and other one is blue. Industries that are existing or evolving around unknown
market trend are part of blue ocean.
Competitive strategies help in creating the demand in market. To achieve high
profitability the grab opportunities from unexplored market space. Some industries are created
beyond the existing trends in market. Blue ocean play major role in expanding the boundaries of
business. Organisation adopt consumer based strategies, to look after need and requirement of
customer's. To sustain high level of performance CENTLEC company maintain balance
between demand and supply. In a situations where supply exceeds the demand, price of product
will go down. As explained Martin, (2018) to maintain sustainability in market companies will
have to go beyond the level of competition in market. Blue ocean provide business with various
opportunities to increase their profitability.
CENTLEC company draft competitive strategies after analysing economic structure.
Blue ocean provide various advantage to organisation like reducing cost of production and
focusing on setting of benchmark for competition. Blue ocean focus on over all growth of the
industry. Competitive strategies help in increasing profits and revenue of the organisation. There
are several factors that has lead to creation of blue ocean. Productivity of industry has been
increased because advancement in technology. Customer's demand variety of products and
services in order to satisfy their desire, suppliers with the help of technology produce maximum
products and services.
Globalisation has lead to increase the supply over demand. Barriers between the nations
have become lenient because of globalisation. according to Martin, (2018) Information related to
products like are easily available to customer's. Change in market trends has reduced the
chances of monopoly in market. Supply increase because of increase in competition globally.
Statistic provide clear view of increasing in demand of product world wide. Globalisation has
given rise to price wars between competitors, which has resulted in the profit margin of industry.
Blue ocean help in creating brand image of the product. Current market consist of many similar
products and services, customer's use price factor to differentiate product from other. Economic
up and down has resulted to overcrowded industries. CENTLEC has adopted various strategies
that are related to blue ocean.
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Recommendations of future trends in electrical industry
Power sector industries are continuously evolving because of change in factors like
technological, economical and political. This has lead to transformation in electronic industry.
CENTLEC is a electrical company that is operating in UK. This company can adopt
decarbonization method in order to reduce emission of gas from electricity sector. This has lead
to increase usage of renewable resources like coal, gas, fuel, etc. decarbonization is a process in
which electricity flow from primary centre to localise networks. Digitalisation in field of
technology will lead to improvement in electrical sector. according to Palm (2014) companies
focus on modifying their strategies and products according to demands of customer's.
Digital revolution has provided customer's with better various types of benefits.
Innovation has helped in removing barriers to fully utilise potential of digitalisation.
Advancement in technology has increased base of customer's. As per the Sugimoto (2017).
organisation are motivate to move towards the digitalisation. Data protection rules has made
digitalisation process complicated. All electrical company has globally adopted the usage of
electric vehicles. This has reduce emission of smoke in environment. Vehicle electrification has
reduced the demand of fuel. Adopting renewable resources in CENTLEC company has increased
price of products. This has increased electricity rates in power market.
Consumers demand for reshaping power sector. Organisation accumulate all renewable
resources and use them in process of power generation. Solar and wind energy are used by
organisation across the country. This has resulted in lower price of electricity supply. Innovation
in technology help in energy storage. Power sectors has experienced increase in decarbonization
because of flexible rules and regulation of government. Power industry can use coal power to
generate electricity. As per the Hodosh (2015). Environmental regulation has increased
because of reduced price of natural gas. Establishing of coal plant is very expensive process.
This plant require continuous up-gradation in order to operate effectively.
Government grants lease for coal plants. Natural gas play major role in standardising the
process of power generated plants. Electrical company adopt various cost effective techniques to
increase their profitability. Reduced prices of natural gas has encouraged encouraged industries
to utilise natural gas in power generation process. If low price of natural gas continues, this will
reduce expenses of other resources included by Shwartz (2017). Increase in the production of gas
resulted in growth of renewable resources. Renewable of energy is simple and easy. Wind and
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solar industries consist of major part in economy. In order to organise power sector markets, it is
important to adapt renewable resources in process of power generation.
Changes in consumer preference has forced industries to adapt policies like installation
of smart meters, sensors, etc. innovation in technology allow two way flow of power. As
explained Longstaff (2014) grid modernization requires new expenditure and justifications. In
order to decrease volume of electrical bills, consumer now consume less electricity or generate
power on their own.
Financial impact on the company
It is significant for power generating industry to save every unit. Finance is the most
important component of any bushiness. From this report I have learnt that finance is the
indicator of overall success and development of organisation. It play an important role in
managing functions and activities of business. Growth of organisation depends upon the size of
market it captures. From this project I have founds that companies arrange funds in two ways
debt or equity. loans can be short term or long term depends upon the requirement of company.
When a company raise funds through debt it is important to analyse the schedule of repayment. I
have also learnt that there various factors, which are affected by the process of financing.
Organisation has obligation to repay back the money it has borrowed. I have found that company
generally repay their money in instalments. Whereas in equity financing organisation are under
no obligation to return money in instalments.
Human development impact on company
Human development play major role in growth and development of an individual. From
this project I have learn that human resource management help in improving the living standard
of people. Mangers provide them with effective training in order to enhance their performance. I
have found that this focus on satisfying the requirement or desire of the people. They provide
them with various alternative to increase level of productivity. I have realised that growth of
income is very significant for overall development of the individual. Human
development provide individual with opportunities to live lives they desire for. I found that
development of skills help people to improve performance. Managers educate employees that
will help them develop abilities. Human development is choice of organisation. Training and
development programs motivate individuals to fully utilise their potential. Human development
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process is adopted by various organisation to increase productivity of employees. I have learnt
that this process is important for every type of organisation.
Innovation output on company
Innovation help in increasing productivity of organisation by implementing new process.
From this project I have learn that innovation has various benefits that help in increasing
performance of employees. This is key strategy adopted by organisation to achieve success. I
have found that innovation reduce the cost of operation and help in increasing the market share
of company. Innovation deals with modification in existing product or process according to the
demands of customer's. This provide help people to solve their problems. Failure in the process
of innovation can lead to loss of company share in market. Innovation help business to gain
competitive advantage. Implementation of this strategy depends upon the type of business we are
operating. From this project I have found that innovation help in increasing revenue of business
and it also increase over all profitability of the organisation. Business environment is dynamic in
nature it changes according to need of customer's. To satisfy customer's, requirement, company
adopt innovative strategies. This help business to develop new products by modifying existing
strategies.
Conclusion
This project conclude about the importance of reverse engineering in mechanical field.
The company adopt various leadership skills to increase productivity of organisation. CENTLEC
Company has adopted VUCA style of leadership. VUCA stands for volatile, uncertain, complex
and ambiguous. CENTLEC follow cost effective competitive strategies. Blue ocean describe
holistic and realistic face of competition. Blue oceans refers where market has least numbers of
competitors. This provide company with various type of competitive advantages. Business is
dynamic in nature. It change according to needs of customers. They demand different types of
products and services. Suppliers supply products to satisfy the desire of customer. This project
also states that innovation play major role in growth and development of organisation.
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