Global Corporate Strategy

Global Corporate Strategy in the Telecommunication Industry

[Dated]

Global Corporate Strategy in the Telecommunication Industry

Introduction

Companies typically use one of two basic types of international strategies, or both: the international business strategy and international corporate strategy. In the field of business, companies apply generic strategies of cost leadership, differentiation, focused cost leadership to the sector, a sector focused differentiation or cost leadership and differentiation integrated. International corporate strategies are three: the multinational, the global or transnational (a combination of multinational and global) (Al-Debei, & Avison, 2010, 359-376). To achieve competitive advantage, each strategy must integrate a core skill, based on resources and skills difficult to copy. When companies employ a business strategy and corporate strategy, seek to create value.

An industry is global in extent of the connections between countries. A global strategy is the extent to which this integrated across countries. Increased foreign competition is itself a reason for businesses to globalization, to acquire so great and skill to enable them to compete more effectively. But even greater motivation for globalization is the emergence of new global competitors manages to compete on an integrated global basis. Advances in telecommunications and continuous scenario worldwide deregulation have contributed to increase the commercial interactions. The markets go beyond the limits of their own borders and undertakings are presented opportunities to grow and be present in other territories (Al-Debei, & Avison, 2011, 215-235).

A well-defined corporate strategy is essential for business success. This strategy includes tactical objectives, critical success factors, key performance indicators (KPI) and various measures for success. To achieve this, it is necessary that the targets and KPIs are linked to business processes. All employees must understand the strategy and know their involvement. The setting process should be transparent and easy to optimize. Enterprise BPM gives life to this scenario, allowing you to overcome the division between strategy and business processes. Once you have described the business strategy, it is projected directly on the related processes for its operations to go forward (Bharadwaj, 2013, 471-482.).

Discussion

In recent years, the telecommunications industry has become a crucial element in the development of society, both nationally and internationally. It is possible to identify activities that are significantly supported by this sector, through countless options and services that the various participants in the sector have been offering to users. The appropriate use of these services is certainly an important element in the economic and social development, and through this use, the nations that have developed a competitive telecommunications industry and properly structured, have a solid foundation for proper internal and external development.

Currently, the telecommunications industry in United Kingdom offers a wide range of services (fixed and mobile telephone, television and radio open, restricted and Internet access). However, the influence of different socio-economic factors that affect the global environment have generated seek providers offer better alternatives to provide users with advanced services, but that soon will be insufficient for the new context of convergence towards which we are heading. Potential limitations on the evolution of services include not ...