Recommendations of Knowledge Management Initiatives At Ibm Case Analysis

Home >> Ibs Center For Management Research >> Knowledge Management Initiatives At Ibm >> Recommendations

Recommendations of Knowledge Management Initiatives At Ibm Case Study Analysis

On the basis of above internal and external analysis of the company in addition to the evaluation of various alternatives, the company is recommended to consider alternative 3. As alternative 3 would allow the company to broaden in global markets without any reduction in its local profits and any degeneration of its market position. By thinking about Alternative 3, the company might maintain its store experience and brand originality. It could also think about alternative 2 that might enable the business to access the markets without any possible financial investment. Although, the company could pursue alternative 1 which would enable the business to concentrate on possible international markets rather than the local markets however as the business is highly depending on the regional markets with 90% of its shops in the US, there fore pursuing alternative 1 would result in the considerable decline in business's revenue. Therefore, the business is suggested to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Knowledge Management Initiatives At Ibm Case Solution Stores

The business has a long term market position in US which can not be generated soon in the new markets. The alternative would assist the company to broaden in global markets along with the removal of problems raised in its local markets related to its diversity.

Pros:

• Expedition of brand-new international markets.
• Increase in earnings from international markets.
• Elimination of concerns associated with diversity.
• Profits diversity.
• Step towards being a strong worldwide brand name.

Cons:

• Loss of substantial profits from the regional markets.
• Boost in competition.
• Distinctions in cultures could caused a failure of the brand name especially in Asian countries.
• Low incomes at preliminary levels.
• Increase in marketing expenses to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Knowledge Management Initiatives At Ibm Case Analysis Stores

With the increased trends towards online shopping, the online shops like Amazon, Alibaba etc. could position a severe hazard to the market share of company. In this situation the company could consider introducing Click and Recommendations of Knowledge Management Initiatives At Ibm Case Solution stores. These stores with a low requirement of funds to settle would enable the company to reach worldwide markets, without ending its domestic shops.

Pros:

• Low financial investment
• Lowering competition risk
• Access to the world markets
• Enlarging consumer base
• Easy to manage
• Big Incomes
• Low Operating Expense
• Easy brand-new market entryway

Cons:

• Hazard to the market position
• Elimination of brand name Originality
• Removal of the fantastic shop experience.
• Threat of decline in elite sales.

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

Another choice that the company could think about, is to broaden towards the global markets without closing its domestic shops that adds to the major part of earnings of the business. The advantages and disadvantages associated with Alternative 3 are provided below;

Pros:

• Lowering competitors risk
• Access to the world markets
• Enlarging consumer base
• Large Profits
• Expedition of brand-new global markets.
• Increase in income from worldwide markets.
• Profits diversity.
• Action towards being a strong international brand.

Cons:

• Continuation of issues associated with diversity.
• Differences in cultures could resulted in a failure of the brand name particularly in Asian countries.
• Low earnings at preliminary levels.
• Increase 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.