Preview

Basic Strategic

Good Essays
Open Document
Open Document
870 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Basic Strategic
Basic Strategy
There are four types of basic strategies that many companies apply to respond to the uncertainties. The four basic strategies include defender, prospector, reactor, and analyzer. Each type of the strategies has their own way to react with the uncertainties.

Prospectors will always focus on developing or expanding new market. They will put their effort for seeking out new markets rather than waiting things to happen. Defenders can be defined as expert at producing and selling narrowly defined products and services. In other words, defenders always tries to insulate themselves from changes and they secure this stable market either by keeping the prices low or keep advertising.

The analyzer is in between the defenders and the prospectors. They let the organizations take the risks of products development and marketing and then imitate what seems to work best. The reactors can be defined as the strategy that company use to make adjustments only when finally forced to by environmental pressures. In other words, this is the least effective of the four strategies and it is without direction or focus.

After a series of research we done, we believed that DiGi Telecommunication have apply prospector strategy and defender strategy in their company. This can help them make a stand among their competitors such as Maxis, Celcom, and U Mobile.

DiGi acts as a prospector among the competitors. In the year 1998, DiGi comes out with the first prepaid mobile phone service which also known as DiGi Prepaid in Malaysia. They pay attention on developing new markets rather than waiting things to happen. They realize that different field of users may have different usage of cell phone and hence they come out with this service to meet the wants of the customer. Besides, DiGi is also the first telecommunication in Malaysia to launch a cost-saving postpaid mobile service to suit the different usage and lifestyle patterns of customers of today. These have already

You May Also Find These Documents Helpful

  • Good Essays

    Panera Bread Essay

    • 1980 Words
    • 8 Pages

    These strategies are including their ability to identifying the opportunities and threats, analyzing the target market, determining position in the market, adapting social trend, deciding on a growth strategy and figuring out the marketing mix.…

    • 1980 Words
    • 8 Pages
    Good Essays
  • Good Essays

    There are many components of a strategic management process, but there are four main elements. According to Wheelen and Hunger, “strategic management consists of four basic elements: environment scanning, strategy formulation, strategy implementation, evaluation and control” (2010). Environmental scanning is a broad look at things that pertain to the company. Many companies will do a SWOT analysis by analyzing the company’s strengths and the opportunities that the company has and then look at the company’s weaknesses and threats. This information is then distributed to the appropriate individuals for strategy formulation. According to Wheelen and Hunger, “strategy formulation is the development of long-range plans for the effective management of environmental opportunities and threats, in light of corporate strengths and weaknesses (SWOT). It includes defining the corporate mission, specifying achievable objectives, developing strategies, and setting policy guidelines” (2010). Once strategies are formulated, the strategies are implemented. Strategy implementation is putting the strategies into effect by establishing the programs and procedures required to accomplish the tasks. The last element of strategic management is evaluation and control. When a strategy has been implemented, the strategy needs to be evaluated in order to understand if the strategy is accomplishing what it was put in place to do. Sometimes the strategy needs to be adjusted based on the outcome findings and continued monitoring until the strategy performs satisfactorily. All of the components of a strategic management process work together to achieve a desired outcome. An organization needs to have a strategic management process in order to stay competitive and be able to have plans in place to achieve the overall goals of the…

    • 573 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    strategy

    • 3208 Words
    • 15 Pages

    Regional Express Pty Ltd (REX) is an Australia based independent regional airline. REX is an excellent example as it is the Australia’s largest regional airline outside the Qantas group of companies and operates routes in New South Wales, South Australia, Victoria, North Queensland and Tasmania. This study aims to examine REX current sustainable core competencies and its key strategic initiatives based on the SWOT and stakeholder analysis. Then, key stakeholder implications of REX’s strategies will be reviewed and a Corporate Balanced Scorecard that aligns with the business level strategy will be prepared.…

    • 3208 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Strategy

    • 1219 Words
    • 5 Pages

    1. Explain how organizations in the not-for-profit sector differ from organizations in the public sector or for-profit business sector. Provide an example of an entity in each sector.…

    • 1219 Words
    • 5 Pages
    Good Essays
  • Best Essays

    Strategy

    • 4072 Words
    • 17 Pages

    This essay will discuss Checkland’s theory (1991) which states that: “We see in the world many examples of sets of human activities related to each other so that they can be viewed as a whole.” This is a very famous quote made by an eminent British Management guru ‘Peter Checkland’. This quote is very relevant in the context of this report as one could easily observe that in the analysis of a large technologically driven learning environment, there are many layers of complexities that house a lot of human activity systems. This set of activities according to what will be critically discuss and debated in this paper includes knowledge management and environment, intellectual capital and social capital, communities of practice and soft system thinking.”Everybody discusses knowledge management (KM), but how can it be used and how can we successfully apply it?” Greener et al (2007). Strategic knowledge management is relatively a new academic stream that deals with the strategic treatment of knowledge management practices prevalent in today’s academic world. We are living today in an information and knowledge-starved world. Since this essay want to discuss the relationship between strategy and this set of human activities mention above, firstly it will be of interest to introduce basic terms and definitions by different authors that will be used in the rest of the paper. Accordingly, as a term “Management” it implies that KM is the ability of the organization to react and act with interactions with the organizations (Macharizana, 1999) as quoted in Greiner et al (2007). The importance of both these ‘intellectual’ items have increased manifold in recent decades. Every giant corporation of our world today is emphasizing more and more on the development of intellectual capital. Knowledge management has emerged as a management concept that encloses a range of strategies and practices within itself in a company to identify, create, represent, distribute, and enable adoption…

    • 4072 Words
    • 17 Pages
    Best Essays
  • Powerful Essays

    Distinguish among the four fundamental business strategies described in this case: Pioneer, Fast Follower, Cost Leader, and Customer Centric.…

    • 1072 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Typology

    • 1538 Words
    • 6 Pages

    Raymond Miles and Charles Snow suggest that business level strategies generally fall into one of four categories: prospector, defender, analyzer, and reactor. An organization that follows a prospector strategy is a highly innovative firm that is constantly seeking out new markets and new opportunities and is oriented toward growth and risk taking. 3M is an excellent example of a firm that uses prospector strategies. Over the years, it has prided itself on being one of the most innovative major corporations in the world. Employees at 3M are constantly encouraged to develop new products and ideas in a creative and entrepreneurial way. This focus on innovation have led 3M to develop a wide range of products and markets, including invisible tape and antistain fabric treatments.…

    • 1538 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    digi

    • 341 Words
    • 2 Pages

    DiGi Telecommunications Sdn. Bhd., DBA DiGi, is a mobile service provider in Malaysia. It is owned in majority by Telenor ASA of Norway with 49%. On 24 May 1995 DiGi became the first telco in Malaysia to launch and operate a fully digital cellular network.…

    • 341 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    DiGi is established in 1995, which is listed on Bursa Malaysia and is part of the global telecommunications provider, Telenor Group. As the first telco to operate a fully digital mobile network in Malaysia, DiGi focuses on delivering excellent customer experience that are simple, innovative and of best value through DiGi Prepaid, DiGi Postpaid and DiGi Business. Customers can now also enjoy a fresh broadband experience with the launch of DiGi’s 3G broadband services. Through its corporate initiative, Deep Green,…

    • 573 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Telekom Malaysia Berhad

    • 1660 Words
    • 5 Pages

    In 1999 the company has lunched many services such as short messaging system (SMS), voicemail and which GPRS (general packet radio service) introduce to its prepaid mobile subscribers in nationwide is in 2002. At the same time Digi also is the first telecommunication company in Malaysia to offer international roaming. Moreover Digi also sign an agreement with Yahoo Asia to offer WAP-enabled online service in year 2000. Inside the agreement it also includes supply and implementation of GPRS technology from Yahoo.…

    • 1660 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Digi Situational Analysis

    • 790 Words
    • 4 Pages

    DIGI is a mobile communication services provider in Malaysia. DIGI has provided service to individuals, businesses and other operators which owned subsidiary, DIGI Telecommunication SDN BHD. There are two packages option offers by DIGI to mobile subscribers is prepaid plan and postpaid voice plan. DIGI has provided variety mobile communication service including SMS, mobile broadband and international roaming and calling and WAP services.…

    • 790 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    DIGI KNN

    • 2293 Words
    • 10 Pages

    DiGi commenced operations in May 1995 when it launched its fully digital GSM 1800 services, the first digital mobile communications service in Malaysia. Since then, they continue to be a forerunner in the provision of innovative telecommunication services.…

    • 2293 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Proposal

    • 1053 Words
    • 5 Pages

    Digi Mobile Hub was registered under Kathmandu Metropolitan with the Registration no:669 ga in 2063/08/12 with an objective of trading Cell phones and accessories. Being substitutes of each other, the company started the trading of Sim Cards, Recharge Cards of various companies (Namely NTC, Ncell and UTL).The Company is supported and promoted by various veteran traders of Recharge Cards and Sim Cards. The company has been distributing Sim Cards and Recharge Cards in a huge range in different parts of the country through its formal and informal distribution channels. The business turnover of the Company reflects the market niche that the copany has created in he short span of time.…

    • 1053 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Strategy

    • 692 Words
    • 4 Pages

    HR Planning is the process of systematic forecasting the future demand and supply for employees and the deployment of their skills within the strategic objectives of the organization. Bratton and Gold…

    • 692 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Digi

    • 593 Words
    • 3 Pages

    We have an established presence as a leader in voice and data prepaid services with a number of firsts that have set industry benchmarks for creativity and innovation. These services are offered under the DiGi Prepaid brand name. Our postpaid service under the DiGi Postpaid brand name delivers high quality voice as well as value-added mobile content and data services to both individual and corporate customers.…

    • 593 Words
    • 3 Pages
    Good Essays

Related Topics