Business Integration topic Essay Example | Topics and Well Written Essays - 3000 words

Business Integration topic - Essay ExampleDuring this period, the company unresolved 13 stores. (JB Hi Fi, Annual Report 2007) The strategies followed by JB Hi Fi go away be discussed in light of recommendations for further improvement and growth in this paper. These strategies will be discussed in terms of the phases put forward in the book by Kotter titled Leading Change, as well as theories by divers(a) other scholars like Taylor, Porter and others.In the book Leading Change, Kotter has used the word urgency to describe the first phase so as to digest a head start into the process of transformation. This can be seen in JB Hi Fis foray into the market of technology with the popularity of its Big Box. This has to do with taking stock of competitive and market realities with a focus on crises and opportunities. (Kotter, 1996) This has been paralleled in Organizational Behavior and Management through a focus on competitive advantage which can be described as follows (Ivancevich e t al, 2004)This brings us to a discussion on the technicalities of the model proposed by Porter. Porters Five Forces model provides suggested points at a lower place each main heading. When taken into consideration individually, each of these gives rise to the development of a broad and sophisticated analysis of competitive position. This may further be used during the creation of a strategy, plans, or even where making investment decisions about a business or organization is concerned. These five competitive forces hear industry profitability and attractiveness apart from being responsible for shaping the prices that firms can charge, the costs they have to bear, and the required investments to engage in industry take aim competition. We are concerned with the fact that Porters essentially ahistorical approach cannot provide a full account of either a body politics competitive advantage and corporate strategies or the growth and development of industrial