Recommendations of Diversity And Talent Management Practices At Ibm Case Help

Home >> Ibs Center For Management Research >> Diversity And Talent Management Practices At Ibm >> Recommendations

Recommendations of Diversity And Talent Management Practices At Ibm Case Study Help

On the basis of above internal and external analysis of the company along with the assessment of different alternatives, the company is recommended to think about alternative 3. As alternative 3 would enable the business to broaden in international markets without any reduction in its local incomes and any degeneration of its market position. The business might pursue alternative 1 which would enable the business to focus on possible worldwide markets rather than the local markets however as the company is highly reliant on the local markets with 90% of its shops in the US, there fore pursuing alternative 1 would result in the considerable decrease in business's profits.

Aletrnative-1: Expanding International Brick and Recommendations of Diversity And Talent Management Practices At Ibm Case Solution Stores

Growth towards worldwide markets through opening new stores in other Europe and Asian countries with closing domestic stores is although an excellent option for increasing the international existence of the company. Nevertheless, the closing of domestic stores might extremely affect the incomes of the firm as above 90% of its stores are located locally and closing those shops would ultimately reduce the earnings of the company. Additionally, the company has a long term market position in United States which can not be generated soon in the brand-new markets. The option would help the company to expand in international markets along with the elimination of problems raised in its regional markets related to its variety. The benefits and drawbacks for Option 1 are noted below;

Pros:

• Exploration of new global markets.
• Increase in profits from global markets.
• Removal of concerns related to variety.
• Profits diversity.
• Action towards being a strong global brand.

Cons:

• Loss of substantial profits from the local markets.
• Boost in competitors.
• Distinctions in cultures could caused a failure of the brand name particularly in Asian nations.
• Low incomes at preliminary levels.
• Boost in marketing expenses to get market share.

Alternative-2: Introduction of Click and Recommendations of Diversity And Talent Management Practices At Ibm Case Solution Stores

With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. might posture an extreme danger to the market share of business. In this scenario the business might consider presenting Click and Recommendations of Diversity And Talent Management Practices At Ibm Case Help stores. These shops with a low requirement of funds to settle would enable the business to reach worldwide markets, without ending its domestic stores.

Pros:

• Low investment
• Decreasing competition threat
• Access to the world markets
• Increasing the size of customer base
• Easy to manage
• Large Incomes
• Low Operating Expense
• Easy brand-new market entrance

Cons:

• Hazard to the market position
• Removal of brand Originality
• Elimination of the great store experience.
• Threat of decline in elite sales.

Alternative-3: Expansion towards International Markets Without closing Domestic Stores

Another choice that the business could think about, is to expand towards the global markets without closing its domestic stores that contributes to the huge part of profits of the business. The benefits and drawbacks connected to Alternative 3 are provided listed below;

Pros:

• Lowering competition danger
• Access to the world markets
• Enlarging consumer base
• Large Profits
• Expedition of brand-new global markets.
• Increase in earnings from worldwide markets.
• Revenue diversification.
• Action towards being a strong global brand name.

Cons:

• Extension of concerns related to variety.
• Differences in cultures could led to a failure of the brand particularly in Asian countries.
• Low revenues at initial levels.
• Boost in marketing expenses to get market share.



This is sample work and not applicable to real case study. Please place the order on the website to get your own originally done case solution.