Monday, October 7, 2019
Business Excellence Following The Example of Dell Inc Essay
Business Excellence Following The Example of Dell Inc - Essay Example After successfully doing business in the global markets for almost a decade, Dell began facing challenges in terms of competition, rapidly losing its market share and witnessing a reduction in its customer bases (Paul & et. al., 2007). Furthermore, the company was losing its market share in all the segments, namely, desktops, servers and notebooks during the same year to its major competitors. Notably, the major factors that led to the declining market share of Dell from all segments can be identified as the companyÃ¢â¬â¢s emphasis on its traditional business model lacking in terms of innovation and transformation. Due to the companyÃ¢â¬â¢s resistance to change in the global competitive market, other players in this industry such as HP and Lenovo emerged as the new leaders. They focussed on the emerging markets and segments such as Laptops, whereas Dell with a market share of 4.2% ranked eighth among other manufacturers (Paul & et. al., 2007). In todayÃ¢â¬â¢s modern era, the processor rather the conception of change is attributed to the only continuous and inevitable phenomenon of the business world. Due to the incessant changes occurring in the external business environment, businesses are becoming increasingly swayed to implement strategic changes in their business processes. It is in this context that due to the ongoing changes in the global business environment, business entities are forced to alter their operational vision, goals and methodologies too often causing the risk of unplanned and chaotic changes in the working process which in turn are quite likely to give rise to perplexity within the human resources and thus lead towards a greater disruption in the overall operational functions of the organisation.