Strategic Initiative Paper

Strategic Initiative Paper

Learning Team B

Grace, Michael, and Stephanie

FIN/370

University of Phoenix

Mr. Brent Miller

Abstract

Many firms have strategic intents based on the importance of stakeholders that include a transformation of its financial structure. Most firms establish Vice President or senior management positions to create and manage strategic initiatives. By establishing initiatives the firm can create a change that may require the coordination of a leader who intends to make cross-functional efforts to succeed. Make all the necessary preparations to change organizational procedures to begin implementing the new strategic plan, and produce the desired results of the firm. One example is Dell Inc., in an industry that experiences continuous technological advances in hardware, software, and service offerings. It also faces deals in a competitive market with ongoing product and price competition in all areas of its business. Dell operates through its ability to offer customers competitive, scalable, and integrated solution for providing newest and desired product and services features. The company also uses its distribution channels and other channel partners to build strong relationships with its customers such as retail, system integrators, and value-added resellers, and distributors for meeting customer demands faster than its competitors.

Dell’s Plan for Fulfilling the Future Strategic Initiatives

Dell Inc. is a holding company that works with its affiliates to conduct international business with its headquarters in Round Rock Texas. Dell is known as a global Technology Company that uses distributions channels to provide offer its customer a wide variety of solutions and services. Its focus remains on providing more efficient, more accessible, and easier to manage technology solutions. (Dell, 2014).

Dell’s strategic initiatives consist of becoming an end-to-end provider of enterprise solutions and services and upholds it...