Friday, December 6, 2019

Japanese Korean Styles Of Business Cengage -Myassignmenthelp.Com

Question: Discuss About The Japanese Korean Styles Of Business Cengage? Answer: Introduction Our goals and aspirations as Telus telecommunications include unleashing the power of the internet with an aim of delivering the best solutions to Canadians on the move, in the workplace or even at home (Telus, 2011). Another aspiration of the company is to focus on core telecommunication business in Canada with support from outsourcing capabilities and international contact center. As a focused company, we tend to focus our strategies on the following areas; competition, technological substitution, economic growth and fluctuations, human resource development, acquisitions or divestitures, regulatory approvals and development, and business continuity events (Telus, 2011). The company will win by undertaking the following strategies; providing integrated solutions that differentiate the company from other competitors. For example, anytime data upgrade and changes to services as well as putting in place a robust customer care (Telus, 2011). Secondly, building national capabilities across wireless, voice, internet provider (IP), and data such as wireless and wireline. Besides, the company can win by focusing relentlessly on the growth markets of wireless, IP, and data. Fourth, the company can also win by creating partnerships, diversifying, and acquiring other companies to gain more control of the market (Telus, 2017). Another winning strategy is by investing in internal capabilities with an aim of building a high performance culture and customer excellence. Lastly, Telus can win by going to the market as one team under a common brand and focusing to execute a single strategy (Telus, 2017). The capabilities that should be in place for Telus to achieve its maiden goals are; building the culture for sustained competitive advantage, and striving to improve operational efficiency and effectiveness (Izzo, 2015). Additionally, the company can bank on the acceleration of leadership positions in healthcare information technology as well as increasing competitive advantage by investing in technology leadership (Telus, 2011). Lastly, the company delivers brand promise by putting customers first. Furthermore, for Telus to grow, management systems are required. According to Chen (2004), some of the management systems include; establishing a medium-term goalS and rolling with it. Another management strategy is keeping customers happy. This will help to retain them in both short-term and long-run (Izzo, 2015). Besides, having the right team in place to execute the company activities is a sure way of achieving greatness. Again, since finances are key drivers of company activities, considering financial implications of every decision will help Telus minimize losses that arise from uncalculated decisions. Lastly, defining quality control system will ensure that every activity or product from the company meets the market standard. As such, the company will remain afloat over the years. References Chen, M. (2004).Asian management systems: Chinese, Japanese and Korean styles of business. Cengage Learning EMEA. Izzo, J. (2015). Consistency drives success at Telus. Retrieved on February 21, 2018 from https://www.strategy-business.com/article/00360?gko=32975 Telus. (2011). A passion for growth; 2011 annual report. Retrieved on February 21, 2018 from https://about.telus.com/investors/annualreport2011/files/pdf/en/financial_review/managem ents_discussion_and_analysis/mgmt-core-business-strategy.pdf Telus. (2017). A passion for growth; 2017 annual report. Retrieved on February 21, 2018 from https://assets.contentful.com/qqswi6c8cvkj/3jJHnnka6Q0oCSg6GyUUwc/d7ce5975d520 67ef836489088abe3ac4/TELUS_2017_Annual_MD_A.pdf

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