IntroductionThe case studies identified in the paper are focused on the key business areas and the transformation thereof, to understand various facets and the use of technology to change the image of the entity to meet the market generated demand. These case studies brings to fore some of the aspects essential to create a strong business for meeting customer’s demand in the current business scenario. The study of the supply chain management and the re-organisation to make sure that all the gaps in the chain have been met has been discussed in the case studies.
Usage of internet in the present times has been an essential component. Providing knowledge to vast audience by publishing on the web has been successfully done by Harvard Business School. Educating the vast populous across the globe has been implemented successfully by the school. Digital age voting machines which were first used in U. S changed the face of elections in the country, with the results made available at the earliest possible time. This again was an evolution that may have been dealt with lots of scrutiny and agile implementation of technology to meet the need for saving time and money.
On the other hand, Virtual Close helped the financial institutions to make sound decision with regards to each component in the system. The present paper focuses on the various case studies and workshops being conducted over the years and the key takeaways from them. For this paper, five case studies have been selected, which includes Supply chain problems being faced by Best Buy and the solution to the issues, integration of business processes, customer preferences, and related data into a single system in Europcar, role of intranets in helping promote learning in Harvard Business School, use of digital-age voting machines in general elections and advantages of using Virtual Close technology for achieving good financial reporting results.
The paper therefore, focuses on how these case studies helped in my understanding of using technology for generating better results for organisations. Case studiesFor this paper, the following five case studies have been selected, which provided vast experience in the field of implementing technology for gaining better understanding about the issues faced as well as opportunities presented in an organisation or a particular event.
Best BuyIntroductionOne of the largest U. S. domestic players in the market, Best Buy is considered to be the most organized brand. Being organized by districts and managing the operations overseas, the company has been able to oversee the performance of the store by region very effectively. These stores in U. S. have been spread out in six revenue categories which are consumer electronics, entertainment software, home office and other services. One of the strategies adopted by Best Buy was to measure the supply chain management and make an effective tool to make sure that each component is rightly stated and warehouse was being used without being wasted or over utilized.
This transformation showcased supply chain management within the industry as well as cost savings for making sure of that none of the opportunities could be left. This was essentially done to satisfy customers and structure the supply chain for allowing the customer-facing units to be sure of the product and make sure that consolidation centers are well informed.
The executives at Best Buy realized they were needed to reposition the future growth plan. Best Buy created strategy which was focuses on satisfying the demands and the need of eight distinct demographic segments and hugely categorizing the products per the demand generated.