Sony Strategic Initiaties

Essay specific features

 

Issue:

Business

 

Written by:

Betty S

 

Date added:

December 13, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 592

 

Was viewed:

8360 times

 

Rating of current essay:

 
Essay content:

Is the main reason for this due to weak operations?” (Analyst) • “The bottom line effect of reducing headcount has been limited. R&D, manufacturing and sales are activities that need to be reinforced.” (Media) • “Different groups within Sony are developing similar products” (Analyst) CONTRIBUTIONS TO SONY’S BUSINESS DOWNTURN Products “Lacking a Customer Viewpoint” • Lack of hit products • Development of similar products • Over reliance on internally developed products Technology “Decline of Technological Strength” • Delayed focus in semiconductors, key components, and software application areas • Delayed development of differentiated technologies • Decentralised and uncoordinated R&D development efforts Organisation Decline of Operational Power • Focused too much on individual performance • Gaps in communication from the Headquarters, to Coordinators, and frontline operations • Lack of appropriate corporate governance oversight THREE CORPORATE INITIATIVES TO RECOVER ITS STRATEGIC POSTION AND PROFITABIILTY Customer Viewpoint • Establish a corporate level committee to coordinate product strategies • Eliminate cannibalisation and enable interoperability between products • Focus resources on highly successful/winning products • Re-examine product planning process Make Technology No...
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Is the main reason for this due to weak operations?” (Analyst) • “The bottom line effect of reducing headcount has been limited. R&D, manufacturing and sales are activities that need to be reinforced.” (Media) • “Different groups within Sony are developing similar products” (Analyst) CONTRIBUTIONS TO SONY’S BUSINESS DOWNTURN Products “Lacking a Customer Viewpoint” • Lack of hit products • Development of similar products • Over reliance on internally developed products Technology “Decline of Technological Strength” • Delayed focus in semiconductors, key components, and software application areas • Delayed development of differentiated technologies • Decentralised and uncoordinated R&D development efforts Organisation Decline of Operational Power • Focused too much on individual performance • Gaps in communication from the Headquarters, to Coordinators, and frontline operations • Lack of appropriate corporate governance oversight THREE CORPORATE INITIATIVES TO RECOVER ITS STRATEGIC POSTION AND PROFITABIILTY Customer Viewpoint • Establish a corporate level committee to coordinate product strategies • Eliminate cannibalisation and enable interoperability between products • Focus resources on highly successful/winning products • Re-examine product planning process Make Technology No...
displayed 300 characters

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