Promoting organizational success with effective competitive strategy: Examination and analysis of competitive strategies of IBM and DELL within the IT Industry
DOI:
https://doi.org/10.14738/abr.88.8910Keywords:
Resource, Capital, Competitors, Competitive Advantage and Sustained Competitive Advantage.Abstract
Achieving organizational success has always been the bane of businesses, but it is an important requirement for every business. The best approach to achieving this success is to develop a good and effective strategy; the modus operandi for organizational success to achieving competitive advantage. Most organizations work tirelessly to establish strategies to enable the achievement of goals and objectives, but understanding what entails in establishing effective strategies has never been easy. However, once the resources of the organization are identified, and putting together concrete activities to perform on the resources, an effective competitive strategy could be established, which should lead to competitive advantage. Sustaining an organizational competitive advantage is very necessary, so as to create an enabling environment for sustainability, and in addition profitability, whilst pursuing its functions. Fact is, a lot of capital is always expended before a business is founded, and this investment cannot be squandered, but be recouped. Therefore, structuring an effective competitive strategy at the very beginning, is a must for every organization. The generic competitive strategies are cost leadership, differentiation and niche / focus.
References
Addaih, S. C. (2004). Strategic Thinking. The Daily Graphic (Ghana). ISSN: 0855-1529, p. 20.
Alsop, T. (2020). IBM’s global revenue 1999-2019. Retrieved from: https://www.statista.com/statistics/ibms-globalrevenue-1999-2019.
Bartleby.com (2020). Dell’s Competitive Strategy Essay. Retrieved from: https://www.bartleby,com/dellcompetitive-strategy.
Bellis, M. (2019). The History of International Business Machines and IBM Computers. Retrieved from https://www.thoughtco.com. April 2020.
Britannica.com (2020). Dell Inc. American Company. Retrieved from: https://www.britannica.com/dell/computers.
Cadle, J., & Yeates, D. (2004). Project Management for Information Systems (4th edition). Essex: Pearson Education Limited.
Daft, R.L. (2003). Management (6th edition). USA: South-Western.
Dell (2020). Consult, Deploy, Manage, Support & Educate. Retrieved from: https://www.delltechnologies.com
Dfarg-homeip.net (2017). What does IBM do now? Retrieved from: https://www.dfarg-homeip.net. April 2020.
De Wit, B., & Meyer, R. (2004). Strategy: Process, Content, Context (3rd edition).Italy: Thomson Learning.
Hamel, G., Doz, Y. L., & Prahalad, C. K. (1989). Collaborate with Your Competitors – and Win, Harvard Business Review. 67(1). 133-134.
Hill, C. W. L. (1988). Differentiation Verses Low Cost or Differentiation and Low Cost: A Contingency Framework. Academy of Management Review. 13(3). 401-412.
Hornby, A. S. (2001). Oxford advanced learner’s dictionary (6th edition). Oxford: Oxford University Press.
IBM (2004). IBM Archives. Retrieved from: https://www.ibm.com/year_2004.
IBM (2020a). IBM Products. Retrieved from: https://www.ibm.com/products.
IBM (2020b). 2019 IBM Annual Report. Retrieved from: https://www.ibm.com/annualreport.
Kloppenborg, T. J., & Petrick, J. A. (1999). Leadership in Project Life Cycle and Team Character Development. Project Management Journal. 30(2). 8-14.
Kotler, P. (2003). Marketing Management (11th edition). USA: Pearson Education, Inc.
Lombardo, J. (2018). IBM’s Mission & Vision Statements. Retrieved from: https://www.panmore.com. July 2020.
McCarthy, M. (2020). Dell Product Lines. Retrieved from: https://www.allbusiness.com.
Spencer, T. (2008). Enduring ideas: The 7-S Framework. Retrieved from https://www.spencertom.com/2008/09/13/mckinsey-7-s-model-analysis-framework/Mission-statement.com (2020). Mission and Vision of Dell. Retrieved from https://www.mission-statement.com/dell. 319
Cudjoe, K. F. (2020). Promoting Organizational Success With Effective Competitive Strategy: Examination And Analysis Of Competitive Strategies Of
Nielsen, R. P. (1996). The Politics of Ethics: Methods for Acting, Learning, and sometimes Fighting with others in Addressing Ethics Problems in Organizational life NY: Oxford University Press.
Prnewswire.com (2020). Dell Technologies Reports Fiscal Year 2020 Fourth Quarter and Full Year Financial Results. Retrieved from: https://www.prnewswire.com/dell-technologies-report
Remenyi, D. (2005). When to ditch the old iron, IMIS Journal, 15(5). 20-21. ISSN: 1369-4189.
Thompson, A. A. Jr., & Strickland, A. J. III (2001). Crafting and Executing Strategy (12th edition). NY: McGraw-Hill/Irwin.
Sawyer, R. D. (2005). The Essential Art of War. USA: Basic Books. ASIN: B06XC7W2JZ.
Statista.com (2020a). Dell Technologies’ net revenue from 2006 to 2019. Retrieved from: https://www.statista.com/dell-revenue-2006-2019.
Statista.com (2020b). Global market share held by PC vendors 2006-2019. Retrieved from: https://www.statista.com/pc-market-share-world.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2020 Francis Kwadade-Cudjoe

This work is licensed under a Creative Commons Attribution 4.0 International License.