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

Business Integration topic - Essay ExampleDuring this period, the familiarity opened 13 stores. (JB Hi Fi, Annual Report 2007) The strategies followed by JB Hi Fi will be discussed in light of recommendations for further improvement and growth in this paper. These strategies will be discussed in terms of the phases give forward in the book by Kotter titled Leading Change, as well as theories by various other scholars like Taylor, usher and others.In the book Leading Change, Kotter has used the word indispensableness to describe the first phase so as to get a head start into the exhibit of transformation. This can be seen in JB Hi Fis foray into the market of technology with the popularity of its Big recession. This has to do with taking stock of agonistic 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 (Iv ancevich et al, 2004)This brings us to a discussion on the technicalities of the ride proposed by Porter. Porters Five Forces model provides suggested points under each main heading. When taken into consideration individually, each of these gives rise to the development of a roomy 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 determine industry profitability and attractiveness apart from being responsible for shaping the prices that firms can charge, the be they have to bear, and the required investments to engage in industry level competition. We are concerned with the fact that Porters essentially ahistorical approach cannot provide a full account of either a nations competitive advantage and corporate strategies or the growth and development of industrial