Global corporate strategies the case of bt group

It is through the different considerations and undertakings that the coverage of various leading competitor analysis is done. This ensures the understanding of the approaches used by others to achieve a sustained process of understanding strategic innovation and various opportunities for innovation. On another note, the report will inform strategic ordinations that various capitalists, as well as start-up companies, have used to help BT access complex business models and innovative technologies. It is identified that BT helped most start-ups raise R&D funds particularly when it decided to sell 20% stake to their rival Foxcom. The achievements of the Company come at a time when the much-anticipated agile external innovation is adequately considered to sustain the processes of the organization. It is the type of technology that seeks to increase the rate at which the organization gains a competitive advantage all across the globe.

ii. Processes BT groups considered the use of new machines as key process to increase level of innovation. The new machines had the capacity to reduce workload and produce efficiency in the work system. This is a major implementation process that BT group have been considering to increase their level of innovation. This is true by looking at the facts that by 2005, the retail activities accounted for over 81% of the total revenues completed in the UK market. This was a positive completion that made sure effectiveness and the right undertakings had been completed in due course. c. Industry Value Chain BT groups value chain seeks to attain a managed networked IT system that would support their various business networks, government agencies as well as other large multinational corporations.

BT group is engaged with connected networks, data centres, solution designs, integrated IT services and security experts. Threats of new entry • The different ways through which BT group tackles the problem of new entrants include; • Innovating new products in the market • Build large economies of scale taking dominance • Having a dynamic industry that beats their key rivals ii. Bargaining power of supplies • BT group accomplishes this aspect through; • Having an efficient supply chain with a number of suppliers • Developing dedicated suppliers with business that depend upon the firm iii. Bargaining power of buyers • BT group overcomes this issue through; • The establishment of large customer base • Rapidly coming up with innovative products • Having new products which reduce defection of existing customers iv.

Threats of substitute products • BT group overcomes this challenge through; • Becoming a service based rather than only focusing on product • Understanding core need of customer rather than what customer is purchasing • Increase switching costs for the clients. v. It involves open innovation which try as much as possible to change the way people think about various innovations. It is through open innovation that BT group are able to change the framework through which they complete different undertakings for the better. h. Internal and external forces The internal forces affecting BT group includes the SWOT analysis which looks at the strengths of the company, weaknesses, opportunities and threats. Besides, the external forces within the framework of the Company includes the PESTLE analysis.