Riordan Essay Example | Topics and Well Written Essays - 1000 words

Riordan - Essay Example nformation, and products over the internet and includes aspects like establishment of new markets, money transfer, and ordering of products, services or information. For Riordan, E-business considerations include identifying organizational requirements which in this case include reduction of costs and to promote growth and profits. The company also focuses on exceeding ISO 9000 standards and leading in R&D while offering innovative solutions and establishing long term relations with customers. In establishing long term relations with clients located in different geographic locations like Vancouver and New York where the company is not present, long term relationships with this customer and others will be required (Yasin, Czuchry, Gonzales, & Bayes, 2006). Additionally, having introducing e-business will mean creation of new markets since the company already has a strong brand in the manufacture of medical supplies and stents, bottler and beverage containers, airplane parts, automotiv e part s and others. The presence of the right professionals is needed such that the right implementation taskforce of experts is present and representing all company departments. Given that the bottles are to be delivered long distances from the manufacturing facility, e-business consideration needed is to ensure that customer is well informed about production and delivery at all times. Riordan also needs to collect information from the customer about potential markets in Canada and New York while gathering information about other similar manufacturing companies in the regions (Yasin, Czuchry, Gonzales, & Bayes, 2006). This way, Riordan will develop the ability to sense and respond to market needs, as well as stimulate market demand and search for new markets. For customers located far and wide, the manufacturing process of the organization will shift to customized just-in-time manufacturing or demand-driven production. This way, Riordan will manage to provide customers with

Competitive Advantage through people Research Paper

Competitive Advantage through people - Research Paper Example 21). However, the company does not only boast a highly competitive pricing strategy, but also a premium people management approach that provided the company enduring success. Southwest’s most powerful organizational competency—the ‘secret ingredient’ that makes it so distinctive—is its ability to build and sustained high performance relationships among managers, employees, unions, and suppliers. These relationships are characterized by shared goals, shared knowledge, and mutual respect (Gittell, 2005, 52). To operate, airlines require physical resources, such as airplanes, airstrip, pilots, cabin crew, etc. These physical resources can be accessed by numerous companies in the marketplace; hence it is hard to develop them as a sustainable competitive advantage. Even availability of unprocessed or capital resources, before a great entry barrier, is more attainable due to the growth of international markets (Lovelock & Wright, 2002). However, it is the intangible assets that sustainable competitive advantage rests. Accrued experience or knowledge throughout the years, or referred to as corporate culture, is very hard to imitate (Parker, 2007). Companies like Apple, Coca-Cola, and General Electric rise from a venture of time and effort. These are springs of competitive advantage. The task is to determine the factors that strengthen this competitive advantage and the way toward sustainability (Parker, 2007). In fact, it is not the resources, regardless of how inimitable or intangible they are, that best generate competitive advantage; the solution toward sustainable competitive advantage is the way these resources are used (Gittell, 2005). Simply, the failure or success of a company relies on how the people within it utilize these resources. Basically, the competitive advantage of a company is its people. The quality of management, the manner in which