Question

In: Operations Management

Analyze the run-grow-transform concept by Gartner in the context of an organization with which you are...

Analyze the run-grow-transform concept by Gartner in the context of an organization with which you are familiar (currently working for or have worked for in the past). Describe the organization's preparedness to meet each of the three aspects.

Solutions

Expert Solution

I currently work for a consulting firm which specializes in implementing technology solutions to clients particularly in the areas of implementing ERP and CRM systems. The firm is highly proactive in its approach towards the operations, growth/expansion and transformation. Below is how the run-grow-transform concept can be used in the context of the organization and its preparedness in each of these aspects -

Run - This aspect involves the firm to effectively manage its current operational capabilities to ensure the firm's daily operations are taken care without any disruption or breakdown. The firm's daily operations include -

1. Managing the IT infrastructure

2. Resolving issues through 24/7 support services

3. Security and regulatory operations

4. Client meetings and conversations

5. Deliverables on a frequent basis

The firm is well-prepared to handle the daily operations considering the huge IT infrastructure and productive resources employed to manage the same.

Grow - This aspect involves the preparedness of the firm with respect to expansion/growth in terms of increasing the business, acquiring new clients, the infrastructure and resource capabilities to handle increase in demand, continuous enhancement and upgradation of the existing technologies and IT infrastructure etc. The firm has the below capabilities to handle the growth or expansion in business -

1. Project Management Capabilities

2. Resource staffing and management

3. Sourcing or Procurement

4. IT infrastructure

5. Solution and architecture

6. Business process analysis

Transform - This aspect involves innovating and venturing into new markets, identifying new customer segments, implementing new technologies for clients and creating new value propositions.

The firm has the below capabilities to handle the transformation aspect of the business -

1. Financial capability to invest in new technologies and emerging markets

2. Focused New Product Development(NPD) and New Product Innovation(NPI) teams that work on new technologies like Blockchain, IoT, RPA etc.

3. Prototyping capabilities

4. Supporting infrastructure and environment

5. Decision making capabilities of the management


Related Solutions

First, pick an industry or organization as the context in which you will develop your thoughts...
First, pick an industry or organization as the context in which you will develop your thoughts and arguments (E.g., a healthcare provider with electronic medical records, a utility company computer systems with critical infrastructure information, a multinational bank, etc.). Find and investigate one insurance company and determine from their websites whether they may have a cyber insurance policy. Summarize its Cyber-Risk Insurance Policy. Do you recommend the business (you have picked in the first step) to select the insurer? Why...
Discuss the key elements that are required to transform an organization, which is just beginning this...
Discuss the key elements that are required to transform an organization, which is just beginning this journey? What do you think is the critical success factor?
Financial Statements and Accounting Concept Consider a healthcare organization with which you are familiar with and...
Financial Statements and Accounting Concept Consider a healthcare organization with which you are familiar with and explain the difference between cash and accrual accounting in healthcare setting. Be sure to include a discussion of the revenue recognition and matching principles.
The short run in this microeconomic context is a planning period over which the managers of...
The short run in this microeconomic context is a planning period over which the managers of a firm must consider one or more of their factors of production as fixed in quantity. The long run is a theoretical concept in which all markets are in equilibrium, and all prices and quantities have fully adjusted and are in equilibrium. The long run contrasts with the short run, in which there are some constraints and markets are not fully in equilibrium. What...
Consider an organization and the context in which it operates. What would be your recommendations for...
Consider an organization and the context in which it operates. What would be your recommendations for using big data
Which concept would you use to explain why investment spending did not grow strongly between 2011...
Which concept would you use to explain why investment spending did not grow strongly between 2011 and 2014 although interest rates were very low? Think about what drives investment spending and use a certain principle we covered in the chapter titled [Income and Expenditure] ( Around150 words)
Which concept would you use to explain why investment spending did not grow strongly between 2011...
Which concept would you use to explain why investment spending did not grow strongly between 2011 and 2014 although interest rates were very low? Think about what drives investment spending and use a certain principle we covered in the chapter titled [Income and Expenditure] ( Around150 words)
This question provides you with an opportunity to analyze the advantages of an organization that offers...
This question provides you with an opportunity to analyze the advantages of an organization that offers quality customer service. First, describe what it means to you to provide quality customer service for both internal customers and also external customers. Second, use your critical-thinking skills to explain how quality customer service can impact an organization's entire culture. Your response must be at least 200 words in length.
In performing industry analysis which is more relevant to analyze, the short run cost or the...
In performing industry analysis which is more relevant to analyze, the short run cost or the long run cost. Expound
Find a company or organization which provide cloud computing and services, analyze the information by listing...
Find a company or organization which provide cloud computing and services, analyze the information by listing and commenting their: a. Services to provide b. Major clients c. Benefits d. Issues and problems
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT