Monday, November 18, 2019
Analysis of IT Services in Business Essay Example | Topics and Well Written Essays - 3000 words
Analysis of IT Services in Business - Essay Example By 2003, the company was earning good revenues with offices opened in US, UK, Japan, Germany, Australia, and Singapore, along with manufacturing capacity at Penang and Malaysia. Terra was still in quest of expanding its business further however, it did not have sufficient funds after all heavy investments (CMIS, 2010). Therefore, for the first time, it decided to invite outside investors to help terra in expanding its product lines. These investors included the owner of ââ¬Å"countryââ¬â¢s largest sheep farm, an award-winning film director, an actor known for his temper and fondness for rugby and inventor of bungee jumpingâ⬠(Blanchard & Bowles, 1998). Though these investors did not have much knowledge about corporate world, they wanted the Frost brothers to hire a professional management team (Blanchard & Bowles, 1998). Despite huge opposition for this decision, Frost brother ultimately appointed Stephanie Clark as vice president of IT and Operations.Her colleagues called t his woman as ââ¬Å"force of natureâ⬠as she possessed diverse abilities from looking into the details of any operational problem to encouraging the employees keeping in mind the broader goals of the company (CMIS, 2010). She majorly focused on planning and execution, which did not influence firmââ¬â¢s engineering culture. They assumed that they could not perfect the products if there is a fixed schedule or budget for them. These clashes were at height in 2005 when the company was trying to make a filmless X-ray system.... By 2003, the company was earning good revenues with offices opened in US, UK, Japan, Germany, Australia, and Singapore, along with manufacturing capacity at Penang and Malaysia. Terra was still in quest of expanding its business further however, it did not have sufficient funds after all heavy investments (CMIS, 2010). Therefore, for the first time, it decided to invite outside investors to help terra in expanding its product lines. These investors included the owner of ââ¬Å"countryââ¬â¢s largest sheep farm, an award-winning film director, an actor known for his temper and fondness for rugby and inventor of bungee jumpingâ⬠(Blanchard & Bowles, 1998). Though these investors did not have much knowledge about corporate world, they wanted the Frost brothers to hire a professional management team (Blanchard & Bowles, 1998). Despite huge opposition for this decision, Frost brother ultimately appointed Stephanie Clark as vice president of IT and Operations. Her colleagues called this woman as ââ¬Å"force of natureâ⬠as she possessed diverse abilities from looking into the details of any operational problem to encouraging the employees keeping in mind the broader goals of the company (CMIS, 2010). She majorly focused on planning and execution, which did not influence firmââ¬â¢s engineering culture. They assumed that they could not perfect the products if there is a fixed schedule or budget for them. These clashes were at height in 2005 when the company was trying to make a filmless X-ray system for dental and veterinary uses. Clark was getting this made because she could see a hidden opportunity in this segment. She knew that film-based imaging technique was relatively low-priced but their cost
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