1365885_634678276776451250
TRANSCRIPT
-
8/13/2019 1365885_634678276776451250
1/25
1
-
8/13/2019 1365885_634678276776451250
2/25
2
-
8/13/2019 1365885_634678276776451250
3/25
A strategic change is a type of change
where some general plans, policies of the
business are changed.
These changes are quite common and
simple, something that is qui te ordinary.
Strategic changes are market oriented andare the first and final steps for market.
-
8/13/2019 1365885_634678276776451250
4/25
The Main Role in the changing
process are:
1. The change agent
2. Middle managers
3. Other organizational members
-
8/13/2019 1365885_634678276776451250
5/25
The change agent: is the individual or group thateffects strategic change in an organization.
2. Middle MangersMiddle managers are implementers of strategyand their roles include:
Allocation and control of resourcesMonitoring performance and behavior of staff
members
Explaining strategy to their subordinates
-
8/13/2019 1365885_634678276776451250
6/25
I nf luences wil l be based on their level of
interest and political power.
Approaches to managing change wil l differ
from different stakeholders.
-
8/13/2019 1365885_634678276776451250
7/25
The main reasons in the strategies changes are:1. poor outputs
2. less revenue
3. competi tors pressure4. not completely implemented
5. poor feedback
6. more complicated
7. change of environment
8. public demand
9. change in technology
-
8/13/2019 1365885_634678276776451250
8/25
Step one: strategic analysisAnalysis of an organizations external environment,
i ts cur rent strategic or ientation, and the degree of
i ts effectiveness at meeting its objectives andmissions.
Step 2: strategy making
Begins with the decision to change its vision and
orientation in the future and includes def ining the
products and services to be offered, and specifying
the markets to be served.
-
8/13/2019 1365885_634678276776451250
9/25
Step 3: strategic plan designDefines how the change process wil l be
logistically accomplished through sequencing
and pacing in l ight of the prevai l ing cul ture.
Step four: implementation of the plan
Transition to the new orientation, which
includes developing budgets and timetables,
assigning roles and tasks that wil l guide the
process.9
-
8/13/2019 1365885_634678276776451250
10/25
The four types of strategic changes
are:
1. Adaptation
2. Reconstruction
3. Evolution
4. Revolution
10
-
8/13/2019 1365885_634678276776451250
11/25
1. Adaptation:Adaptation is the change which can be accommodated
within the current Model and occur incrementally. It is
the most common form of change in organizations.
2. Reconstruction:Reconstruction is the type of change which may be rapid
and could involve a good deal of upheaval in an
organization, but which does not fundamentally change
the Model. For example, an organization may make
major structure changes on a major cost-cutting
programme to deal with difficult conditions.11
-
8/13/2019 1365885_634678276776451250
12/25
3. Evolution:Evolution can be explained is by conceiving of
organizations as ' learning systems' , continually adjusting
their strategies as their environment changes.
4. Revolution:
Revolution is change which requires rapid andmajor strategic change, perhaps in circumstances
where such dr if t has resulted in circumstances
where pressures for change is extreme. Forexample, if profi ts decline threats the continued
existence of a firm.12
-
8/13/2019 1365885_634678276776451250
13/25
There is no one strategy that fi l ls all situation.
Rather, a mix of strategies is often necessary to
ful ly address each individual case.
Many considerations need to be taken intoaccount, including the degree of change,
population of organization and time frame.
When stakes are high, a mix of al l fourstrategies is recommended because nothing can
be left to change.
13
-
8/13/2019 1365885_634678276776451250
14/25
Practical Study ofOrganization
14
-
8/13/2019 1365885_634678276776451250
15/25
Ufone starts its operations in January 2001
Have more than 2o mil l ion customers.
Ufone has network coverage in 10,000 locations
and across all major highways of Pakistan.I t is one of f ive mobile companies in Pakistan.
After the privatization of PTCL , Ufone is now
owned by Etisalat in 2006.M ISSION STATEMENT of UFONE
'To be the best cellular option for u'
15
-
8/13/2019 1365885_634678276776451250
16/25
Strategy 1...AdvertisementsUfone was the first cellular company who contracted withthe advertisement company.
Before this strategy change, they have the separate
department for advertisement. This strategy was change on2007 and they started advertisement in electronic media byusing just background voices and animation. In that period,ufone was just able to attract 50 thousand new customers.
And in 2009, they again change their policy regardingadvertisement and started casting famous TV actors in it.
This strategy change really works for ufone and they getmore than five lakh new customers . which increases theirprofit up to 30% per year.
16
-
8/13/2019 1365885_634678276776451250
17/25
Ufone have to change their strategy of call rates
every year because of the government increases tax
every year.
The increase in tax rate affects the strategies of the
company and they redesign the strategy to givebenefits to general people.
In 2011, the government increases tax about 1.11
%, due to this ufone, profit decreases up to 5%.They introduce the new low budget packages for
their customers. The change in strategy gives vital
benefits and they overcome from their loss.17
-
8/13/2019 1365885_634678276776451250
18/25
Ufone joins hand with the Motorola Company in 2004for a joint promotional that did not give desired profit to
both the parties but later in 2007, they change theirstrategy and joins hands with Nokia and blackberryCompany. This provides the great amount of profit tothem.
And in the same way on 2006, they contracted withNBP for online bill paying for postpay customers. Whichlater ended in 2008 and they started online billingthrough UBL under the service name of UPAYMENT.
18
-
8/13/2019 1365885_634678276776451250
19/25
Ufone starts there helpline service free of cost for theircustomers. But later on 2008 due to poor feedback, theychanged the helpline strategy and starting charging thehelpline calls. For this cost, they started recording thecalls of customers and make this service available 24
hours a day. Due to this change of strategy ufone notonly manage to earn extra profit but also able to satisfycustomers.
Strategy 5...Activation of SIMThe activation of sim was very easy earlier but due to PTA newrule of activation of sim, the company has to implement their rule.The company change their system and software for activation ofsim. This change of strategy gives a huge loss to the company.
19
-
8/13/2019 1365885_634678276776451250
20/25
In the early days, ufone hired their ownengineers for the network up gradation.On 2006 the management of the company
change the strategy and they agreementwith the huawei company, under theagreement huawei will expand ufonenetwork to cover 2200 cities, villages and
all major highways in the country.This strategy really improves the ufonenetwork and attracts millions of customers.
This change of strategy is the main reason 20
-
8/13/2019 1365885_634678276776451250
21/25
STRENGTHS:Easily manage changes in strategy.
Highly technical and creative staff that's help them in
changing strategy.
Highly flexible strategies.
WEAKNESS:
No proper market research before implementing their
strategy.
Changes of strategy are very often in ufone.
The continuous changing of Strategies loses the confidence
of customers
21
-
8/13/2019 1365885_634678276776451250
22/25
The continuity of their implemented Strategies can get the
confidence of new customers.Ufone should develop some new franchises in remote areasso that people will get more and more benefit from it and itwill help to increase their customers.
They should make the strategy to introduced InternationalSMS packages like local SMS to attract more customers.
THREATS:The increase in Government Tax on Telecommunication
companies is the main threat for Ufone strategies.The other competitors of Ufone are not regularly changingtheir strategies.
Pakistan is facing some serious economic problems now
days so that would also affect the implemented Strategies. 22
-
8/13/2019 1365885_634678276776451250
23/25
From the report, concluded that the change of strategies
is the routine part of ufone.
Ufone implemented their strategies and change it.
The most of change strategies gives vital benefit to the
ufone.
The change of Advertising and Network up gradation
strategies are one of the reason of ufone success in
Pakistan.They should need to forecast the environment before
implementing their strategies.
23
-
8/13/2019 1365885_634678276776451250
24/25
They should forecast before implementingstrategies.
I t has not many franchises in the country so
they should look upon on their franchise
strategy.
Ufone networks get jammed on special
occasions so there is a need to review their
network strategy.
They should hired ski l led people for making
Strategies.
24
-
8/13/2019 1365885_634678276776451250
25/25
THE END!
25