Strategy Operations Subject Assignment Sample
Table 1: Analysis of the implications of the vision of the Organization
| Vision | The vision of the company is to endeavor as a business to win client loyalty as well as to keep expanding in size. Perform ongoing attempts to maintain each client delighted by providing affordable goods as well as solutions of outstanding quality in all areas of business, therefore benefiting to community. This will be done by developing and maintaining long-term relationships with the clients and interested parties. | ||
| 4Vs and SQDF&C | Evaluation | Description and justification | Implications |
| Volume | High | The volume of the company is high, it is because as it will provide benefits plans to US based businesses. With the benefits plan, the company defiantly attract US based businesses and this will help the company to increase its volume. | The nature of the oration of the NIPPN CORPORATION is to provide insurance to the Japanese and Korean Affiliated US Businesses (Cappa et. al. 2021). |
| Variety | Moderate | There are several other competitors who served similar services as well as benefits. So herein, the variety dimension is moderate due to other competitors within the market (Leończuk, 2020). It will increase the mutual relationship with each other. | Due to other rivalry firms within the business environment, the variety dimension is moderate. In this case, the company can implement new strategies and comes up with such plans and policies which successfully grab the attraction of the Japanese and Korean Affiliated US Businesses. |
| Variation | low | This dimension could be low it is because the same benefits could be delivered to any other company also. However, similar services will decrease the volume of the company and also cut off many clients. However, varied and flexible services and benefits will increase traffic and also helps in creating more strong relationships. | Herein, the company has to create several plans and other policies and also has implication strategies. It must have strategies to attract its customers. It will create a further bond with exists clients as well as also increase the customer base. Flexibility and varied strategies are needed for upholding existing customers and grab more opportunities. |
| Visibility | Moderate | Herein, the visibility of the company is moderate. It is because the clients of the company cannot easily track their experience or order through the operation process (Samsudeen and Haleem, 2020). | For increasing visibility, the company must provide training to the employees so that they can increase the customer base along with getting a highly skilled workforce within the premises. |
| Quality | High | The company has an incorporated quality assurance system as well as ERP implementation, allowing it to retain top product quality. | The implication of maintaining high quality is leading the firm to accomplish its vision. In contrary, the corporation employs a quality manager to assure that standards are met. |
| Speed | Moderate | In terms of quality, the circulation pace is medium.
Ensuring good quality allows the company to stay ahead of the competition in comparison to other businesses. |
The speed can be managed through integrating emerging technologies while maintaining quality. |
| Dependability | Low | Nippn has a low level of dependability since final items are delivered on schedule.
The low dependence is tied to the vision which allows the company to retain high quality. |
The company’s processes allow it to offer smooth delivery in line with the projected costs as well as pricing. |
| Flexibility | High | Nippn employs flexibility by offering various quality items based on market conditions. | Matching to the demand and supply in the Korean and US market. |
| Cost | Moderate | Nippn has a country-wide distribution and after-sales infrastructure, allowing the company to provide low-cost participation throughout the marketplace. | Logistics management platforms provide quick, flexible, as well as cost-effective operations. |
References
Cappa, F., Oriani, R., Peruffo, E. and McCarthy, I., (2021). Big data for creating and capturing value in the digitalized environment: unpacking the effects of volume, variety, and veracity on firm performance. Journal of Product Innovation Management, 38(1), pp.49-67.
Samsudeen, S.N. and Haleem, A., (2020). Impacts and challenges of big data: a review.
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