question archive There are two sections in here
There are two sections in here
Subject:ManagementPrice:12.86 Bought3
There are two sections in here. Section 1 includes the homework that needs to be completed. Section 2 includes the whole task and you do not need to do it. Section 2 only gives an idea about what to write in Section 1.
Section 1 (Required)
- This homework is part of a whole. Only ONE section needs to be completed. The section is point number 3 which is “ 3. Note the top five organizational strategic goals that the product will enhance and why“
- So, I would like Point Number 3 to be written on 2 to 3 pages (not including the reference page).
- I have selected the company Sony and the product is New Flagship Smartphone. Therefore, when writing the top five organizational strategic goals, please keep in mind that it is about this company and this product.
- Please be sure that journal articles are peer-reviewed and are published within the last five years.
- Please provide the journal articles pdf or links.
- The writing should be clear and concise. Headings should be used to transition thoughts.
Homework Instructions There are two sections in here. Section 1 includes the homework that need to be completed. Section 2 includes the whole task and you do not need to do it. Section 2 only gives an idea about what to write in Section 1. Section 1 (Required) • This homework is part of a whole. Only ONE section needs to be completed. The section is point number 3 which is “ 3. Note the top five organizational strategic goals that the product will enhance and why “ • So, I would like Point Number 3 to be written on two pages (not including the reference page). • I have selected the company Sony and the product is New Flagship Smartphone. Therefore, when writing the top five organizational strategic goals, please keep in mind that it is about this company and this product. • Please be sure that journal articles are peer-reviewed and are published within the last five years. • Please provide the journal articles pdf or links. Section 2 (DO NOT DO IT, Not Required) The whole task is shown below inside the box. I mentioned the whole task just to give you an idea about it the context, and then you will have an idea about what to write in “Point Number 3” (Note: This is the whole task and DO NOT DO IT ALL) (Note: DO ONLY POINT NUMBER 3) Your team is the consulting team that has been hired by company X. Company X has hired your team to create a new innovative product that will increase their profits. In this project you must: Select a real company that would hire out a consulting firm to assist with the creation of a product to assist with their profits. The product must be innovative and create profits in the organization. ? The paper must include: 1. Denote the current leadership model in the team 2. The pros and cons of the current leadership model, assess whether the current leadership model can sustain the new product, and note why or why not. If the organizational leadership needs to change state how. 3. Note the top five organizational strategic goals that the product will enhance and why Note the top five decisions that leadership will have to make with the implementation of the new product 5. Note any organizational changes that must occur for the product to be successful ? Create the product and note why it will be successful and fit into the organization’s strategy ? Create a PowerPoint presentation to show the leadership team and pitch the idea 4. Note: This project is more about the leadership modifications that need to occur due to the implementation of a new product. • I have selected the company Sony and the product is New Flagship Smartphone Homework Instructions This homework worth %60 of the total grade. So please it is very important to write it perfectly. There are two sections in here. Section 1 includes the homework that need to be completed. Section 2 includes the whole task and you do not need to do it. Section 2 only gives an idea about what to write in Section 1. Section 1 (Required) • This homework is part of a whole. Only ONE section needs to be completed. The section is point number 3 which is “ 3. Note the top five organizational strategic goals that the product will enhance and why “ • So, I would like Point Number 3 to be written on two pages (not including the reference page). • I have selected the company Sony and the product is New Flagship Smartphone. Therefore, when writing the top five organizational strategic goals, please keep in mind that it is about this company and this product. • Please be sure that journal articles are peer-reviewed and are published within the last five years. • Please provide the journal articles pdf or links. • The writing should be clear and concise. Headings should be used to transition thoughts. Section 2 (DO NOT DO IT, Not Required) The whole task is shown below inside the box. I mentioned the whole task just to give you an idea about it the context, and then you will have an idea about what to write in “Point Number 3” (Note: This is the whole task and DO NOT DO IT ALL) (Note: DO ONLY POINT NUMBER 3) Your team is the consulting team that has been hired by company X. Company X has hired your team to create a new innovative product that will increase their profits. In this project you must: Select a real company that would hire out a consulting firm to assist with the creation of a product to assist with their profits. The product must be innovative and create profits in the organization. ? The paper must include: 1. Denote the current leadership model in the team 2. The pros and cons of the current leadership model, assess whether the current leadership model can sustain the new product, and note why or why not. If the organizational leadership needs to change state how. 3. Note the top five organizational strategic goals that the product will enhance and why Note the top five decisions that leadership will have to make with the implementation of the new product 5. Note any organizational changes that must occur for the product to be successful ? Create the product and note why it will be successful and fit into the organization’s strategy ? Create a PowerPoint presentation to show the leadership team and pitch the idea 4. Note: This project is more about the leadership modifications that need to occur due to the implementation of a new product. • I have selected the company Sony and the product is New Flagship Smartphone Homework Instructions This homework worth %60 of the total grade. So please it is very important to write it perfectly. There are two sections in here. Section 1 includes the homework that need to be completed. Section 2 includes the whole task and you do not need to do it. Section 2 only gives an idea about what to write in Section 1. Section 1 (Required) • This homework is part of a whole. Only ONE section needs to be completed. The section is point number 3 which is “ 3. Note the top five organizational strategic goals that the product will enhance and why “ • So, I would like Point Number 3 to be written on 2 to 3 pages (not including the reference page). • I have selected the company Sony and the product is New Flagship Smartphone. Therefore, when writing the top five organizational strategic goals, please keep in mind that it is about this company and this product. • Please be sure that journal articles are peer-reviewed and are published within the last five years. • Please provide the journal articles pdf or links. • The writing should be clear and concise. Headings should be used to transition thoughts. Section 2 (DO NOT DO IT, Not Required) The whole task is shown below inside the box. I mentioned the whole task just to give you an idea about it the context, and then you will have an idea about what to write in “Point Number 3” (Note: This is the whole task and DO NOT DO IT ALL) (Note: DO ONLY POINT NUMBER 3) Your team is the consulting team that has been hired by company X. Company X has hired your team to create a new innovative product that will increase their profits. In this project you must: Select a real company that would hire out a consulting firm to assist with the creation of a product to assist with their profits. The product must be innovative and create profits in the organization. ? The paper must include: 1. Denote the current leadership model in the team 2. The pros and cons of the current leadership model, assess whether the current leadership model can sustain the new product, and note why or why not. If the organizational leadership needs to change state how. 3. Note the top five organizational strategic goals that the product will enhance and why Note the top five decisions that leadership will have to make with the implementation of the new product 5. Note any organizational changes that must occur for the product to be successful ? Create the product and note why it will be successful and fit into the organization’s strategy ? Create a PowerPoint presentation to show the leadership team and pitch the idea 4. Note: This project is more about the leadership modifications that need to occur due to the implementation of a new product. • I have selected the company Sony and the product is New Flagship Smartphone Homework Instructions This homework worth %60 of the total grade. So please it is very important to write it perfectly. There are two sections in here. Section 1 includes the homework that need to be completed. Section 2 includes the whole task and you do not need to do it. Section 2 only gives an idea about what to write in Section 1. Section 1 (Required) • This homework is part of a whole. Only ONE section needs to be completed. The section is point number 3 which is “ 3. Note the top five organizational strategic goals that the product will enhance and why “ • So, I would like Point Number 3 to be written on 2 to 3 pages (not including the reference page). • I have selected the company Sony and the product is New Flagship Smartphone. Therefore, when writing the top five organizational strategic goals, please keep in mind that it is about this company and this product. • Please be sure that journal articles are peer-reviewed and are published within the last five years. • Please provide the journal articles pdf or links. • The writing should be clear and concise. Headings should be used to transition thoughts. Section 2 (DO NOT DO IT, Not Required) The whole task is shown below inside the box. I mentioned the whole task just to give you an idea about it the context, and then you will have an idea about what to write in “Point Number 3” (Note: This is the whole task and DO NOT DO IT ALL) (Note: DO ONLY POINT NUMBER 3) Your team is the consulting team that has been hired by company X. Company X has hired your team to create a new innovative product that will increase their profits. In this project you must: Select a real company that would hire out a consulting firm to assist with the creation of a product to assist with their profits. The product must be innovative and create profits in the organization. ? The paper must include: 1. Denote the current leadership model in the team 2. The pros and cons of the current leadership model, assess whether the current leadership model can sustain the new product, and note why or why not. If the organizational leadership needs to change state how. 3. Note the top five organizational strategic goals that the product will enhance and why Note the top five decisions that leadership will have to make with the implementation of the new product 5. Note any organizational changes that must occur for the product to be successful ? Create the product and note why it will be successful and fit into the organization’s strategy ? Create a PowerPoint presentation to show the leadership team and pitch the idea 4. Note: This project is more about the leadership modifications that need to occur due to the implementation of a new product. • I have selected the company Sony and the product is New Flagship Smartphone
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Sony’ Strategic Goals with the New Flagship Smartphone
Sony Corporation is an international group of companies and one of the world’s leading companies with a revenue of above 79.9 billion dollars. The company’s business operations consist of Sony electronics, pictures entertainment, gaming, and financial markets. Sony’s key themes have been focused on moving people emotionally and getting closer to them by producing high-quality products. Sony’s primary goal is the sustainable generation of societal value and profitability across its primary business segments. The purpose of this paper is to discuss the top five organizational strategic goals that the New Flagship Smartphone (Sony Xperia 5 III) will enhance for the company.
Sony’s Strategic Goals with the Product
Building Sony’s Reputation
Most companies globally want to have a perfect reputation with customers all over the world. Sony’s strategic goal is to gain a good reputation globally as a visible and highly valued brand contributor with the New Flagship Smartphone. The Smartphone is a highly innovative product that is going to guarantee customer satisfaction. According to Schafer (2016), organizations are rated and ranked as highly reputable based on their services, products, leadership, innovation, and social responsibility. Building an excellent reputation for Sony is critical because it contributes to customer satisfaction with the product. Besides, this goal is essential because it contributes to the long-term success of Sony by creating more loyal customers who are critical to improving its revenues.
Increase the company’s overall profitability
The goal of every organization is to improve its profitability at the end of every financial year. Organizations can improve profitability by improving their processes, implementing new growth strategies, or introducing innovative products. Sony’s other strategic goal by this product is to increase its overall profitability. The New Flagship Smartphone product is highly innovative. The Smartphone is embedded with a Snapdragon 888+ chipset which is essential in bringing enhanced gaming performances. Besides, the chipset provides reliable 5G network support. One of the other innovative features of this product is the display feature with an approximately 120Hz refresh rate (Copeman, 2021). These features make Sony Xperia 5 III stand out from the rest of the brands. As a result, the product will attract more customers, which will significantly increase the company’s overall profitability. This strategic goal is required for Sony to meet its operational costs incurred during market research and product development.
Growing customers by 5 percent within the first year after launching the new product
The other goal that Sony seeks to achieve through the introduction of the New Flagship Smartphone is to grow its number of loyal customers by 5 percent within the first year after launching the Sony Xperia 5 III. From the market research conducted, the new Smartphone has generated the highest reviews from the customers as having the best battery life and balanced, nuanced triple camera system than other rivals. Therefore, as Sony’s customers buy this Smartphone, there will be more referrals which will increase the company’s customers by more than 5 percent at the end of the first year after being launched.
Increasing Sony’s sales by 2 percent after every year
Sony Xperia 5 III will cost the consumers about 949 dollars or 899 euros, which is relatively cheaper than similar new flagship smartphones from other brands. Therefore, this will tend to attract more customers since they prefer quality and affordable products, which will increase Sony’s sales. Sony is also focused on growing its overall sales by 2 percent every year after this new flagship smartphone. This goal is vital for the future sustainability of the company.
Increase Sony’s market share by beating the competition with the new product
Lastly, Sony wants to gain a substantive market share by introducing this highly innovative Smartphone. Sony has been lagging in the global smartphone market share behind Samsung, Huawei, Apple, Xiaomi, and Oppo (O’Dea, 2021). However, the company’s management seeks to reverse this trend by introducing an innovative Sony Xperia 5 III in the market. Improving Sony’s market share is essential to increase its overall profitability.
Outline
Thesis Statement:The purpose of this paper is to discuss the top five organizational strategic goals that the New Flagship Smartphone (Sony Xperia 5 III) will enhance for the company.
- Sony’s Strategic Goals
- Building company’s reputation
- Increasing profitability
- Grow Customers by 5%
- Increasing sales
- Better Market share
