This document summarizes Dell's history, product line, uniqueness, strengths, weaknesses, opportunities, threats, and business strategies. It notes that Dell was founded in 1984 and originally known as PC's Limited, changing its name to Dell Computer Corporation in 2012. Dell's direct sales model and customer focus were early strengths but it is now losing its competitive edge due to more innovative competitors like Apple.
Running head STRATEGIC PLAN PROJECT FOR DELL .docxagnesdcarey33086
Running head: STRATEGIC PLAN PROJECT FOR DELL 1
STRATEGIC PLAN PROJECT FOR DELL 17
Strategy Plan Project for Dell
Name:
Institution:
Date: June 7, 2015
Dell Strategic Plan
Dell is a private multinational company that deals with the manufacture of personal computer technologies. It was founded in 1984 and currently has its headquarters in Round Rock, Texas in the United States (Dell & Fredman, 1999). This strategic plan will analyze various internal and external environment factors affecting the company.
Mission statement
The Dell mission statement reads; “our mission is to be the most successful IT Company in the world by delivering the best customer experience in all the markets we serve. In doing so, Dell will meet customer expectations of highest quality, leading technology, competitive pricing, individual and company accountability, best-in-class service and support, flexible customization capability, and superior corporate citizenship”(Dell, 2015). The mission statement is focused on acquiring customer loyalty through high value creation.
Proposal for updated mission: the mission statement above needs to be updated so as to capture more values of the company. Currently, the mission is just focused on customer relations. Whereas Dell has a separate corporate social responsibility statement, this should be captured in the mission statement as it represents the core values and beliefs of the company. The statement should capture the company’s commitment towards environmental sustainability and its role in promoting the local communities.
Vision statement
Dell’s vision statement reads; “it’s the way we do business. It is the way we interact with the community. It is the way we interpret the world around us- our customers’ needs, our future technology, and global business climate. Whatever changes the future may bring. Dell vision will be out guide focus” (Dell, 2015). This vision is focused on customer satisfaction and introduces some aspect of the company’s responsibility towards the community.
Proposal for updated vision: a vision statement is a reflection of a company’s future ambitions or its desired future outlook (Roberts, 1996). The Dell vision statement captures this aspect effectively. There is however one thing that lacks in Dell’s vision: an ambition for market leadership. The vision should have a statement on how the company wishes to grow into a leader in the technology industry.
External factor evaluation matrix (EFE)
External factor
Weight
Rating
Weighted score
Comments
Opportunities
Strong market position and global presence of the company
0.30
4
0.52
Dell has maintained a global outlook despite challenges including the recent economic crisis of 2008
Introduction of new products and services
0.07
4
0.31
Dell is currently introducing new models of .
Quality Management – Dell Corporation 1
Quality Management – Dell Corporation 6
Quality Management – Dell Corporation
Thea Younge
Quality Management | BUS4101 S01
Faculty: James Ziegler
Quality Management of Dell Corporation
Dell Inc. (Dell) is a company based in United State (US) and involved in, designing, developing, manufacturing, marketing and supporting systems of information technology. The products offered by the company include printers, desktops, laptops, storage devices, etc. Apple Inc. is a company that designs, manufactures and markets mobile communication devices and personal computers, media devices, and portable music digital players. The company offers a wide range of media devices and mobile communication plus numerous related software, peripherals, networking solutions and third-party digital content solutions.It was named after its great founder, Michael Dell. The company is best known for the innovations it made on the management of supply chain and electronic commerce, mostly the model for direct sales and configure to order approach which they used in management to deliver customer’s specifications of configured PCs (Michael Dell 2009).
Dell considers quality of its products since that is used to gain access to their position in the external market. Dell maintains the quality of its products by making sure it keeps up with the increasing technological advancements and also producing laptops according to the customer’s specifications therefore gaining a strong position in the market. Quality of laptops will provide a basic background for competition with other companies that produce similar products like Apple.
SWOT analysis of Dell Computer Corporation
Majorly, the strength of Dell comes because of the Direct Model which is considered as one the greatest assets of the company. The Direct Model gives consumers a chance to customize their laptops since the market is becoming more educated and every individual needs a laptop that will meet their needs especially in terms of performance and portability. Direct Model gives a fast delivery of services to the customers as it allows customers to place their order and receive customised computers within a short period of time therefore making it possible for a customer to directly buy an item from the factory.
One of the greatest weaknesses of Dell comes from the fact that it tries to attract college students which only makes a segment of the market. The sales revenue from educational institutions accounts for a low profit to the organisation (Bennett 2003). Another weakness comes from the aspect that the buyers cannot physically see or touch the products they are intending to buy and therefore makes many computer buyers to be wary of the products they are unable to examine personally before doing a purchase and sometimes, an eager bu ...
Running Head WEEK 6 ASSIGNMENT 2WEEK 6 ASSIGNMENT 2.docxrtodd599
Running Head: WEEK 6 ASSIGNMENT 2
WEEK 6 ASSIGNMENT 2
ASSIGNMENT 2
ASSIGNMENT 2
Introduction
Dell is one of the popular corporations in the industry of electronics. It provides a variety of consumer electronics such as laptops, cell phones, computers as well as music devices. This paper is going to address Dell`s strengths and weaknesses, determine Dell`s core competencies, core capabilities, and resources, discuss the segments of general environment that influence the corporation, discuss the most significant forces of competition and identify greatest external threats and opportunities of Dell.
General Environment
The political segment influences Dell in that it governs the relations of the company with its consumers, employees, investors, competitors, and partners. This segment specifically deals with legal laws and issues that may be faced by a company in the process of doing business. Taxation laws, anti-laws, labor training laws, educational philosophies, deregulation philosophies, and policies are the main elements of the political segment. Anti-trust laws are laws set forth to protect consumers and certain individuals from businesses who carry out predatory business practices. Preservation of free and unfettered competition as indicated by the Federal Trade Commission is a rule of trade (Federal Trade Commission, 2016). It is vital for the electronic industry, like Dell to avoid violating antitrust laws.
The technological segment has the highest influence on Dell. Product innovation is the most important element of the technological segment. This is because for a company to compete with its rivals, it is important for it to create innovated products. When a company is competing in an industry related to technology, it must have innovated products since consumers are always willing and able to spend their money on what the best gives them. When consumers are not willing to spend on products the company gets a loss of revenue as well as a greater loss percentage of market shares.
Two Forces of Competition
· The threat of substitute products
Dell has offered similar products and services with the Microsoft Corporation. Both of these companies offer products such as web browsers, handheld computers, and operating systems. For instance, consumers are offered with tablets by the Microsoft Corporation while on the other hand, Dell offers iPads. These two devices perform the same function but offer clients with other services which are not included in the rivalry`s product. Price is the common dimension in which the Microsoft Corporation rivalry is based. Most of Dell`s products are very expensive. As a result, most consumers have moved to Microsoft Corporation`s products. For example, one can buy a Microsoft operating system computer for around $ 800 to $ 900. Whereas, it has been found that the average price for Dell`s operating system and computer ranges between $1,300 to $2,100.
· Rivalry among competing fir.
Running head STRATEGIC PLAN PROJECT FOR DELL .docxagnesdcarey33086
Running head: STRATEGIC PLAN PROJECT FOR DELL 1
STRATEGIC PLAN PROJECT FOR DELL 17
Strategy Plan Project for Dell
Name:
Institution:
Date: June 7, 2015
Dell Strategic Plan
Dell is a private multinational company that deals with the manufacture of personal computer technologies. It was founded in 1984 and currently has its headquarters in Round Rock, Texas in the United States (Dell & Fredman, 1999). This strategic plan will analyze various internal and external environment factors affecting the company.
Mission statement
The Dell mission statement reads; “our mission is to be the most successful IT Company in the world by delivering the best customer experience in all the markets we serve. In doing so, Dell will meet customer expectations of highest quality, leading technology, competitive pricing, individual and company accountability, best-in-class service and support, flexible customization capability, and superior corporate citizenship”(Dell, 2015). The mission statement is focused on acquiring customer loyalty through high value creation.
Proposal for updated mission: the mission statement above needs to be updated so as to capture more values of the company. Currently, the mission is just focused on customer relations. Whereas Dell has a separate corporate social responsibility statement, this should be captured in the mission statement as it represents the core values and beliefs of the company. The statement should capture the company’s commitment towards environmental sustainability and its role in promoting the local communities.
Vision statement
Dell’s vision statement reads; “it’s the way we do business. It is the way we interact with the community. It is the way we interpret the world around us- our customers’ needs, our future technology, and global business climate. Whatever changes the future may bring. Dell vision will be out guide focus” (Dell, 2015). This vision is focused on customer satisfaction and introduces some aspect of the company’s responsibility towards the community.
Proposal for updated vision: a vision statement is a reflection of a company’s future ambitions or its desired future outlook (Roberts, 1996). The Dell vision statement captures this aspect effectively. There is however one thing that lacks in Dell’s vision: an ambition for market leadership. The vision should have a statement on how the company wishes to grow into a leader in the technology industry.
External factor evaluation matrix (EFE)
External factor
Weight
Rating
Weighted score
Comments
Opportunities
Strong market position and global presence of the company
0.30
4
0.52
Dell has maintained a global outlook despite challenges including the recent economic crisis of 2008
Introduction of new products and services
0.07
4
0.31
Dell is currently introducing new models of .
Quality Management – Dell Corporation 1
Quality Management – Dell Corporation 6
Quality Management – Dell Corporation
Thea Younge
Quality Management | BUS4101 S01
Faculty: James Ziegler
Quality Management of Dell Corporation
Dell Inc. (Dell) is a company based in United State (US) and involved in, designing, developing, manufacturing, marketing and supporting systems of information technology. The products offered by the company include printers, desktops, laptops, storage devices, etc. Apple Inc. is a company that designs, manufactures and markets mobile communication devices and personal computers, media devices, and portable music digital players. The company offers a wide range of media devices and mobile communication plus numerous related software, peripherals, networking solutions and third-party digital content solutions.It was named after its great founder, Michael Dell. The company is best known for the innovations it made on the management of supply chain and electronic commerce, mostly the model for direct sales and configure to order approach which they used in management to deliver customer’s specifications of configured PCs (Michael Dell 2009).
Dell considers quality of its products since that is used to gain access to their position in the external market. Dell maintains the quality of its products by making sure it keeps up with the increasing technological advancements and also producing laptops according to the customer’s specifications therefore gaining a strong position in the market. Quality of laptops will provide a basic background for competition with other companies that produce similar products like Apple.
SWOT analysis of Dell Computer Corporation
Majorly, the strength of Dell comes because of the Direct Model which is considered as one the greatest assets of the company. The Direct Model gives consumers a chance to customize their laptops since the market is becoming more educated and every individual needs a laptop that will meet their needs especially in terms of performance and portability. Direct Model gives a fast delivery of services to the customers as it allows customers to place their order and receive customised computers within a short period of time therefore making it possible for a customer to directly buy an item from the factory.
One of the greatest weaknesses of Dell comes from the fact that it tries to attract college students which only makes a segment of the market. The sales revenue from educational institutions accounts for a low profit to the organisation (Bennett 2003). Another weakness comes from the aspect that the buyers cannot physically see or touch the products they are intending to buy and therefore makes many computer buyers to be wary of the products they are unable to examine personally before doing a purchase and sometimes, an eager bu ...
Running Head WEEK 6 ASSIGNMENT 2WEEK 6 ASSIGNMENT 2.docxrtodd599
Running Head: WEEK 6 ASSIGNMENT 2
WEEK 6 ASSIGNMENT 2
ASSIGNMENT 2
ASSIGNMENT 2
Introduction
Dell is one of the popular corporations in the industry of electronics. It provides a variety of consumer electronics such as laptops, cell phones, computers as well as music devices. This paper is going to address Dell`s strengths and weaknesses, determine Dell`s core competencies, core capabilities, and resources, discuss the segments of general environment that influence the corporation, discuss the most significant forces of competition and identify greatest external threats and opportunities of Dell.
General Environment
The political segment influences Dell in that it governs the relations of the company with its consumers, employees, investors, competitors, and partners. This segment specifically deals with legal laws and issues that may be faced by a company in the process of doing business. Taxation laws, anti-laws, labor training laws, educational philosophies, deregulation philosophies, and policies are the main elements of the political segment. Anti-trust laws are laws set forth to protect consumers and certain individuals from businesses who carry out predatory business practices. Preservation of free and unfettered competition as indicated by the Federal Trade Commission is a rule of trade (Federal Trade Commission, 2016). It is vital for the electronic industry, like Dell to avoid violating antitrust laws.
The technological segment has the highest influence on Dell. Product innovation is the most important element of the technological segment. This is because for a company to compete with its rivals, it is important for it to create innovated products. When a company is competing in an industry related to technology, it must have innovated products since consumers are always willing and able to spend their money on what the best gives them. When consumers are not willing to spend on products the company gets a loss of revenue as well as a greater loss percentage of market shares.
Two Forces of Competition
· The threat of substitute products
Dell has offered similar products and services with the Microsoft Corporation. Both of these companies offer products such as web browsers, handheld computers, and operating systems. For instance, consumers are offered with tablets by the Microsoft Corporation while on the other hand, Dell offers iPads. These two devices perform the same function but offer clients with other services which are not included in the rivalry`s product. Price is the common dimension in which the Microsoft Corporation rivalry is based. Most of Dell`s products are very expensive. As a result, most consumers have moved to Microsoft Corporation`s products. For example, one can buy a Microsoft operating system computer for around $ 800 to $ 900. Whereas, it has been found that the average price for Dell`s operating system and computer ranges between $1,300 to $2,100.
· Rivalry among competing fir.
This presentation is based on the case of dell company. This related question of this case have been analyzed and a sum-up of the whole case has been provided in this presentation. Some major questions related with the dell company have been answered in this presentation. I am sharing this file for the students whom background is business. Some answers may not be accurate according to the questions. However, a student can get a brief idea from this and he can utilize the knowledge related with this to maximize his output.
The Design Management elective was one of the highlights of my MBA experience here at Imperial.
Good design = good business. And just like any other business discipline, good design management stems from a systematic, thoughtful and informed approach to design.
For this individual assignment, I chose Dell and I took the role of a design management consultant. I then crafted a strategic plan on how Dell could make a better and more efficient use of design and designers.
Once I identified the Design Management that Dell currently adopts, the strategic plan addressed:
i) how this company can make a (better) strategic use of design, broadly understood in terms of processes, practices, collaborations with design consulting companies etc.;
ii) how design can fit within the company’s existing business model and activities or how the business model needs to be changed accordingly;
iii) how Dell could concretely implement these changes towards a more effective use of design;
iv) how the implementation of the previous changes will help repositioning the company on the market, and what benefits are expected (e.g. in terms of profits, image, reputation, market share, etc.).
Submitted in partial fulfilment of the requirements of the Imperial MBA degree and the Diploma of Imperial College London. I was awarded a Distinction for this Design Management elective.
This presentation is based on the case of dell company. This related question of this case have been analyzed and a sum-up of the whole case has been provided in this presentation. Some major questions related with the dell company have been answered in this presentation. I am sharing this file for the students whom background is business. Some answers may not be accurate according to the questions. However, a student can get a brief idea from this and he can utilize the knowledge related with this to maximize his output.
The Design Management elective was one of the highlights of my MBA experience here at Imperial.
Good design = good business. And just like any other business discipline, good design management stems from a systematic, thoughtful and informed approach to design.
For this individual assignment, I chose Dell and I took the role of a design management consultant. I then crafted a strategic plan on how Dell could make a better and more efficient use of design and designers.
Once I identified the Design Management that Dell currently adopts, the strategic plan addressed:
i) how this company can make a (better) strategic use of design, broadly understood in terms of processes, practices, collaborations with design consulting companies etc.;
ii) how design can fit within the company’s existing business model and activities or how the business model needs to be changed accordingly;
iii) how Dell could concretely implement these changes towards a more effective use of design;
iv) how the implementation of the previous changes will help repositioning the company on the market, and what benefits are expected (e.g. in terms of profits, image, reputation, market share, etc.).
Submitted in partial fulfilment of the requirements of the Imperial MBA degree and the Diploma of Imperial College London. I was awarded a Distinction for this Design Management elective.
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1. Case Study on Strategic
Management
Presented to:
Business media
Presented By:
Muhammad Umar khan
2. History
It was founded in 1984 and was known as
PC’s Limited.
Founder of Dell was Michael Dell.
They changed their name to Dell
Computer Corporation in 2012.
3. Product Line
Software
Hardware
Workstations
Electronics
Printers
Tablets
Mobile Devices Networking
Storage Devices
Servers
Security Products
Other Electronic Products
Information Technology Products
4. Uniqueness
Dell provided unmatched service for their
customers in their first PC , “Turbo PC”.
Dell provided a “risk free returns and next
day at home product assistance”.
Another significant feature in Dell’s growth is
that they provided the longest battery life in
comparison to other companies by providing
a lithium-ion battery.
5. Strengths
Customer intimacy (product differentiation & customer
relationship management)
Used Direct Model Approach to provide customization to
customers, to get rid of distribution channels & retailers.
Gave customers payment options.
Provides a 24/7 tech support for customers.
Provides warranty on whole package.
Cost leadership strategy.
6. Weaknesses
Wait for their customization.
Dell can’t compete in innovation.
Can’t personally meet the technician or
employee.
Weak internal control (Didn’t thoroughly
check for the products ready to sale).
7. Opportunities
Should get the loyalty of university
students that are the biggest target
market for them.
Should search for other markets such as
Asia & Africa where low cost products is of
outmost importance.
8. Threats
New Technology
Competition
No retail stores
Best differentiation strategy of Apple
Other brands can compete by achieving low
cost
9. SWOT Analysis
Looking at the strengths, weaknesses,
opportunities and threats, it’s obvious that
Dell is not competitive anymore. Dell is
slowly losing its competitive edge because
of its highly innovated competitors and
because competitors such as Apple are
able to capture the consumer’s attention
by offering differentiated and innovated
products in the market.
12. Advantages to Dell
Direct Selling Strategy
Benefits to employees (medical benefit,
retired plan, saving plan & specific
discounts on computers & other products)