In: Advanced Math
Create a grand strategy matrix for an organization of your choice. Ideally, the company you choose will be a familiar one and one to which you have easy access, such as your place of employment or a company close to where you live. You may use the same organization for other assessments in this course. You may wish to review the suggested readings listed in the Resources as well as do your own research into completing a grand strategy matrix to prepare for this assessment. Complete the following: •Answer the following questions: ◦Is your chosen organization in a weak or strong competitive position? ◦Is the market growth rapid or slow? •Complete a grand strategy matrix for your chosen organization using the Grand Strategy Matrix Template linked in the Resources under the Required Resources headings. •Compare whether the organization's strategies are aligned with the relevant quadrant strategies, and write a half-page summary on the differences and changes you identify. Make recommendations for changes to the organization's strategy based on your observations. Grand Strategy Matrix Rapid Market Growth Quadrant 2 Weak competitive position Quadrant 1 Strong competitive position Quadrant 3 Quadrant 4 Slow Market Growth
ANSWER:
I came across one of the companies that is making innovative solutions in the robotics division. The company is "The Hi-Tech Robotic Systemz Ltd." from India.
They started with the idea of making all different kind of driverless vehicles and enabling smart lives with the robots. Initially, their robots were for the defense purpose like the mobile robotic platforms with manipulator arms, automated bomb diffusal platforms, surveillance robots, motion platforms etc.
But later using the same technology, they entered into the world of industrial robots where they are currently making the robots to transfer the material from one location to another. Also, they have the solutions which replace the conventional conveyors and the complete assembly of the vehicles is happening on the robot itself.
The most innovative solution for them is the Novus Drive - Driverless shuttle. They claim that they have already developed a kit which can be mounted to any vehicle and it can run autonomously. You must have heard about the Google Car; it is much similar to that except it is a kit and can make any car or vehicle unmanned. They have already started selling this car/shuttle to Indian Army to save the human lives and also to close campuses for the driverless experience.
Recently, a path-breaking product was launched by the company. Much like the Novus Drive, they launched a kit which can convert any forklift in the industry into the autonomous vehicle. They have already installed some machines of such type to the industrial space of India.
This organization is very strong competition and is operating in a very rapid market growth environment
Companies strategies are completely aligned with the grand strategy matrix. They are going global with their products (USA and Germany). Also, they have developed new products vis a vis every industry needs.