Case 6 Dell Inc
Case 5:"Dell Inc. in 2008: Can it Overtake Hewlett Packard as the World Leader in Personal Computers?" Question 1:
a. 1992: Michael Dell becomes the youngest CEO of a Fortune 500 company at age 27b. b. Michael Dell has been the key factor for Dell, Inc. growing into the corporation it is today. In my opinion, his top 5 key strengths that helped Dell, Inc. grow include: 1. Competitive nature
2. Foresight & Vision
3. Willingness to take risks
4. Aggressiveness
5. Ability to execute c. 5 Tasks of Crafting and Executing Strategy: i. Developing a Strategic Vision: Dell's vision was to be the low cost provider. This is arguably the most important key to Dell's success. He decided this was the direction the company was going to go and stuck with it, and his ability to reduce overhead allowed him to achieve it. ii. Setting Objectives: Dell's objective was focused on increasing margins,while keeping the end price low. He was able to achieve this by cutting out the middle-men and selling directly to the end user. iii. Crafting a Strategy: All of Dell's strategies were geared towards increasing the bottom line. If it didn't align with the overall goals, the idea was rejected. iv. Implementing and Executing: Dell's ability to stay ahead of the curve by offering completely customizable PCs build to the customers specification allowed the company to maintain the explosive growth it saw in the early years of the company. Strategic acquisitions allowed the company to augment and expand its offering to target additional markets. v. Evaluating Performance and Initiating Corrective Adjustments: Dell's early adoption of the newest technology has allowed the company to gain full visibility into the profitability of each piece of hardware it sells and helped predict future trends in consumer demand.
Question 2: a. Dell's strategy includes the following: i. Sell customizable PCs directly to the customer ii. Add customer value iii. Streamline manufacturing and
a. 1992: Michael Dell becomes the youngest CEO of a Fortune 500 company at age 27b. b. Michael Dell has been the key factor for Dell, Inc. growing into the corporation it is today. In my opinion, his top 5 key strengths that helped Dell, Inc. grow include: 1. Competitive nature
2. Foresight & Vision
3. Willingness to take risks
4. Aggressiveness
5. Ability to execute c. 5 Tasks of Crafting and Executing Strategy: i. Developing a Strategic Vision: Dell's vision was to be the low cost provider. This is arguably the most important key to Dell's success. He decided this was the direction the company was going to go and stuck with it, and his ability to reduce overhead allowed him to achieve it. ii. Setting Objectives: Dell's objective was focused on increasing margins,while keeping the end price low. He was able to achieve this by cutting out the middle-men and selling directly to the end user. iii. Crafting a Strategy: All of Dell's strategies were geared towards increasing the bottom line. If it didn't align with the overall goals, the idea was rejected. iv. Implementing and Executing: Dell's ability to stay ahead of the curve by offering completely customizable PCs build to the customers specification allowed the company to maintain the explosive growth it saw in the early years of the company. Strategic acquisitions allowed the company to augment and expand its offering to target additional markets. v. Evaluating Performance and Initiating Corrective Adjustments: Dell's early adoption of the newest technology has allowed the company to gain full visibility into the profitability of each piece of hardware it sells and helped predict future trends in consumer demand.
Question 2: a. Dell's strategy includes the following: i. Sell customizable PCs directly to the customer ii. Add customer value iii. Streamline manufacturing and