This research aims to analyze how Dell has been impacted by globalization and creative funding. Two models will be used to illustrate the company’s potential benefits: the resource-based model and the industrial organization model. Success factors will be further investigated, including the company’s vision, goal, and stakeholders.
Globalization
Hypercompetitive conditions and the concept of the present competitive landscape are two essential drivers of globalization’s effect on the technology and economic sectors, blurring the boundaries between industries (Kyove et al., 2021). Both globalization and technological advancements have had significant impacts on Dell’s corporate strategy and operations. As a result of increased competition on a worldwide scale, Dell has adjusted its business practices in order to retain and attract new customers successfully. Its worldwide expansion of operations and merchandise is an effort to lower the bar for entry held by rivals. Its global reach means it must adapt to varying economic, cultural, social, political, and legal environments, which have impacted the company’s strategy and organizational structure.
According to Kraemer et al. (2022), Dell has adapted its methods based on the state of the economy worldwide. The expansion of international trade also allowed Dell to expand into new markets. As a result, it has captured a substantial market share in fast-growing countries like China, India, and others. As a result, Dell’s business strategy and operations have been affected by the effects of globalization.
Technology
Because of the extensive use of technology across Dell’s operations, the firm can have straightforward and reduced disputes with its suppliers, which is a significant worry for the company. The business relies on this knowledgeable connection to manufacture and ship its wares at the most competitive rates and in the shortest amount of time. Dell’s presence in a country’s economy benefits the local community by creating jobs and tax revenue. To please its affiliated organizations, the corporation has fostered a culture of constant improvement (Kyove et al., 2021). Dell’s business model has been altered, and new opportunities are presented due to global technology developments, such as the rise of online commerce, online supply, and other web-based instruments. As a result, a model for an online inventory network has been developed, and coordinated sales have begun (Zheng et al., 2019). Dell has adopted and used these technical advancements to improve manufacturing delivery times and supplier coordination.
Dell’s communication methods with its suppliers, customers, and employees have also evolved as technology advances. Dell uses the Internet extensively to combat the impact of technological progress. Additionally, the global period has changed buying habits in their manufacturing line, which calls for an effective and satisfying support strategy (Khalifa et al., 2016). Dell has evolved its strategies and established several retail marketplaces throughout the globe as a direct response to this shift.
Industrial-Based Model
According to the Industrial Organization (I/O) Model of Superior Returns, an organization’s strategic choice is heavily influenced by environmental factors. The general, industry, and rivalry states that affect a company’s strategic decisions and actions are all studied in depth within the framework of the Industrial Organization model. Dell can benefit from understanding potential changes in the general state by studying statistical, monetary, political, sociocultural, and legal variables that may bear some opportunities and risks for its activities.
By analyzing the market for computing equipment, Dell will raise concerns about the bargaining power of consumers and suppliers, the emergence of new competitors, the availability of substitute products, and the intensity of existing competition (Khalifa et al., 2016). Dell will evaluate Samsung, IBM, Apple, etc., in terms of their strategies, goals, hypotheses, and capabilities as part of a competitor’s analysis. This investigation will provide crucial information regarding threats and opportunities, and prior experience helps make decisions and develop strategies in a safe environment. The outlined I/O model would provide Dell with a solid foundation for efficiently penetrating openings and restricting threats relative to competitors, thereby facilitating above-average returns.
Resource-Based Model
The RB model provides an introspective look at a company’s inner workings, raising awareness of in-house strengths and opportunities. Dell will be able to identify its areas of strength and improvement and assess its core competencies with the help of the RB process. Dell will be better able to develop their strengths and identify their weaknesses with the help of this awareness. The formulation of such a strategy will also provide a foundation based on results for identifying competitive advantage, which may help to generate above-average returns (Khalifa et al., 2016). Additionally, the model exemplifies how Dell dynamically manages capabilities and resources to achieve superior results in scaling the computing industry. Therefore, combining the RB and I/O models will help Dell identify its SWOT, allowing it to create familiar policies that may aid in earning a high return with less effort.
Vision
Scanning the environment provides information vital to developing any company’s mission and vision. Dell’s stated purpose is the following, as presented in the company’s vision statement. “Our goal is to be recognized as one of the best in any market, not just the one in which we currently operate.” Dell’s vision statement lays out an area of focus that calls for several approaches (Ragulan, 2021). To remain competitive, Dell has fostered a culture of continuous improvement, which has contributed to the global expansion of the company and the development of a highly skilled and diverse workforce. The trained staff allows the company to provide one-of-a-kind knowledge to customers, who in turn help the company expand internationally and boost sales. Dell is committed to developing leaders and fostering a culture of accountability, and the company’s vision helps to reinforce these core values.
Mission
According to the company’s mission statement: “Our goal is to be the most successful IT operations organization in the world by consistently exceeding the expectations of our customers at every one of the events we host.” The company’s goal is to desegregate its operations following consumer expectations so that it can expand its market around the world. Dell’s global expansion and commitment to customer satisfaction have helped it become the most successful IT company in the world (Ragulan, 2021). Dell can provide top-notch services because of the mission that drives the company. The goal boosts sales and profits and enhances the customer experience, contributing to global success. This has allowed Dell to take full advantage of the e-commerce sector concerning competing businesses, opening up significant opportunities for Dell to seize a larger market share (Khalifa et al., 2016). Dell is driven by its mission to provide high-quality products and services at affordable prices across various markets. Dell’s supply chain management strategy helps the company fulfill its mission by allowing it to offer cutting-edge goods at affordable prices without sacrificing quality.
Stakeholders
Dell’s global prominence can be attributed mainly to the company’s streamlined supply chain, which results from the combined efforts of management and staff. The new Dell marketing investments are funded by the company’s shareholders and other principal suppliers like creditors and banks, who all expect a return on their investment (Khalifa et al., 2016). Profitability and adequate returns are achieved, encouraging stakeholders to increase their financial commitment to the company. This allows them to make new investments that will allow them to run their business with fewer resources.
Dell can reduce its capital outlay and boost output thanks to its shareholders. Unions, suppliers, host communities, and primary customers are all examples of stakeholders that can significantly impact an organization’s results (Khalifa et al., 2016). Dell can achieve global success with the help of its stakeholders because of its well-managed supply chain. Dell customers require affordable, high-quality goods.
Conclusion
According to the findings, Dell exemplifies all three tenets of value creation concerning strategic management: the stakeholder approach, the RB model, and the I/O model. It enables it to see crucial chances and gain a strategic edge. The three warnings in strategic management aim to help the organization make better decisions.
References
Aslam, A., Eugster, J., Ho, G., Jaumotte, F., & Piazza, R. (2018, April 9). Globalization Helps Spread Knowledge and Technology Across Borders. IMF. https://www.imf.org/en/Blogs/Articles/2018/04/09/globalization-helps-spread-knowledge-and-technology-across-borders
Khalifa, N. Y., Alsaid, H. M., & George, S. (2016). A Comparative Analysis of Strategies and Business Models of Dell Inc. and Hewlett Packard (HP). International Journal of Research in Management, Economics, and Commerce, 6(6).
Kraemer, K. L Dedrick, & Jason. (2022). UC Irvine Recent Work Title Dell Computer: Organization of a Global Production Network. https://escholarship.org/content/qt5cg6g96m/qt5cg6g96m.pdf?t=krnb03
Kyove, J., Streltsova, K., Odibo, U., & Cirella, G. T. (2021). Globalization Impact on Multinational Enterprises. World, 2(2), 216–230. MDPI. https://www.mdpi.com/2673-4060/2/2/14
Raglan, B. (2021). Strategic Analysis of Dell Inc.
Zheng, M., Feng, G.-F., Feng, S., & Yuan, X. (2019). The road to innovation vs. the role of globalization: A dynamic quantile investigation. Economic Modelling, 83, 65–83. https://doi.org/10.1016/j.econmod.2019.09.019
Topic Search Strategy Paper
Part 1: Clinical Question
Diabetes impacts millions of people globally. Our group will focus on addressing the challenges in diabetes management and exploring ways to improve patient outcomes. Diabetes has health risks and it affects patients’ physical, emotional, and financial well-being (Bellou et al., 2018). Complex nature of diabetes care and the need for effective therapies to improve patient outcomes are the major issues.
Significance of the Problem
Due to its prevalence and health risks, diabetes has become a public health issue. In 2021 the world health organization estimated that 422 million people had diabetes, and this number is expected to grow in the future. If untreated or properly managed, the disorder can cause cardiovascular disease, kidney failure, blindness, and lower limb amputations (Bellou et al., 2018). Furthermore, diabetes places a substantial economic burden on healthcare systems, with significant costs related to medical care and reduced productivity.
PICOT Question
Population: Type 2 diabetic adults.
Intervention: Managing diabetes with lifestyle changes, patient education, and routine monitoring.
Comparison: Diabetes care without a comprehensive management program.
Outcome: Improved glycemic control, better quality of life, reduced diabetic complications, and lower healthcare costs.
Timeframe: 12 months.
Purpose of the Paper
This research examines diabetes management difficulties and possibilities and assesses the efficacy of a comprehensive diabetes management program to enhance patient outcomes. This study will examine diabetes as a health issue, the effects of improved management on patient outcomes, and the cost-effectiveness of healthcare systems through a comprehensive literature review and analysis. This paper also provides healthcare providers tips to improve diabetes care and quality of life.
Section 2: Levels of Evidence
The right level of evidence for clinical questions is crucial. Different questions require different evidence to draw accurate conclusions (Lefebvre et al., 2019). This section identifies the question type and examines the best evidence to answer it.
Question Type
Healthcare questions vary depending on the patient care environment. Some of the most common questions include therapy questions, meaning questions, and prognosis questions. Therapy questions assess a disease’s treatment possibilities. For instance, “Is the implementation of a comprehensive diabetes management program more effective in improving glycemic control compared to standard care?” On the other hand, prognosis questions anticipate a disease’s course and results (Bellou et al., 2018). “What are the long-term health outcomes for individuals with type 2 diabetes who achieve sustained glycemic control?” is an example of a diabetes prognosis question. Meaning questions strive to understand patients’ experiences, values, preferences, and how an intervention affects their quality of life (Lefebvre et al., 2019). An example of diabetes care meaning question is “How does participation in a diabetes support group influence patients’ emotional well-being and self-management behaviors?”
Best types of evidence
The type of evidence depends on the issue and the level of evidence needed for a complete answer (Lefebvre et al., 2019). For therapy questions, RCTs are the gold standard for efficacy evaluation. RCTs randomly allocate people to treatment groups, enabling valid outcome comparisons. An RCT comparing comprehensive diabetes management program outcomes to standard treatment would provide high-quality evidence for the diabetes management therapy question (Bellou et al., 2018). Cohort studies are best for prognosis questions. The studies monitor results over time. A longitudinal cohort study of patients’ glucose control and health outcomes would help answer the diabetes prognosis challenge.
On the other hand, interviews and focus groups work best for meaning questions. These studies give researchers in-depth patient perspectives (Lefebvre et al., 2019). Qualitative interviews with diabetes support group members could help answer the diabetes meaning question.
Clinical research relies on selecting the right degree of evidence. RCTs can answer therapy questions, cohort studies can answer prognosis questions, and qualitative research can answer meaning questions. Healthcare practitioners can improve patient care and outcomes by understanding evidence levels and their uses.
Section 3: Search Strategy
Answering the PICOT question and providing insight on how to improve diabetic patient outcomes requires a thorough search for relevant and reliable research (Lefebvre et al., 2019). This section describes the search approach, including search phrases, databases, and refining selections to find relevant articles for review.
Search terms and results
We searched using diabetes management and patient outcomes-related keywords. The keywords included diabetes management program, glycemic control, patient outcomes, comprehensive care, type 2 diabetes, and intervention effectiveness (Bellou et al., 2018). We also added PICOT phrases like adult patients, lifestyle modifications, and regular monitoring. The initial search revealed many articles across databases, requiring refinement to focus on the most relevant and recent research.
Databases used
We started our search in the CU library database, which had many scientific journals, research articles, and peer-reviewed publications. We also searched PubMed, MEDLINE, and Google Scholar for pertinent studies. We carefully sought papers on the effectiveness of comprehensive diabetes management programs on adult type 2 diabetes patients. We prioritized 12-month trials on glycemic control, patient quality of life, and diabetes complications.
Refinement decisions
During the search, we found too many articles. We made the following refinement decisions to reduce volume and focus the selection for review. We searched for articles from the past five years because current evidence is important (Lefebvre et al., 2019). This allowed us to focus on diabetes management research and advances. We also concentrated on RCTs and cohort studies because the PICOT question required high-quality data (Lefebvre et al., 2019). These study designs provide strong evidence for intervention efficacy and causality. To ensure accessibility and complete evaluation, we confined the search to English-language full-text articles (Lefebvre et al., 2019). We reduced the number of relevant and methodologically rigorous publications by applying these refinement decisions and constraints.
In conclusion, our search method sought the most relevant and reliable data to answer the PICOT issue on diabetes management patient outcomes. Our review included current, high-quality papers by utilizing proper search terms, accessing credible sources, and making thorough refining judgments.
References
Bellou, V., Belbasis, L., Tzoulaki, I., & Evangelou, E. (2018). Risk factors for type 2 diabetes mellitus: an exposure-wide umbrella review of meta-analyses. PloS one, 13(3), e0194127. https://doi.org/10.1371/journal.pone.0194127
Lefebvre, C., Glanville, J., Briscoe, S., Littlewood, A., Marshall, C., Metzendorf, M. I., … & Cochrane Information Retrieval Methods Group. (2019). Searching for and selecting studies. Cochrane Handbook for systematic reviews of interventions, 67-107. https://doi.org/10.1002/9781119536604.ch4
Mrs. Minnie Wright
Mrs. Minnie Wright is an unseen key personality in the Susan Glaspell publication called “Trifles”. It deals with the tale of a woman that seems to have just lost control of her feelings and snaps, slaying her abusive spouse. Her drive for murder goes even far beyond the murder of her birdie. The canary is likewise more than simply a symbol. Minnie is recognized for her deep-seated change after she wedded her husband, John. Throughout her childhood, she is seemingly a lady who is filled with life and loves singing as well as dancing. Once she weds John, she appears to vanish even from the persons who know her so well. Well along, she begins to display signs of self-depreciation: She does not adorn nice clothes any longer, does not look after her appearance as she usually did, and she even becomes secluded from everyone.
Long after this separation, John also shows up lifeless and she is the chief suspect, being that she was on location at the time it all takes place. Nevertheless, it is through those “trifles”-the little things which do not appear to mean a lot- which are found by Mrs. Hale as well as Mrs. Peters which one comes to realize that Mrs. Wright had been under callous amounts of trauma. The trivialities comprise Mrs. Wright’s disparate sewing. This is nonstandard because the ladies in the tale speak of the stitching as doings for leisure. Consequently, one can argue that, amid the isolation, the shock and the solitude, Minnie’s canary would be the lone living thing which she would connect to then her husband executes it, making her snap totally.
Similar to all the characters in the play – all the inhabitants in this illusory town – there was a reserve which exists between the two women. They are absorbed with their own family life and thus do not create a bond among them. Furthermore, Mrs. Peters was an outsider and she did not grow up with the main character, Minnie or even Mrs. Hale – consequently, she is more removed from the state and from her sister wives. That parting between these two ladies is ricocheted in Minnie’s condition and the source for the clash in the story, the killing of her spouse. Minnie had been detached from the others, at the clemency of her hubby only. She is lonely, secluded, and defenseless. She breathes “down in the hollow” besides is far detached from the other homes. This finally sets up the bad state in her marriage that leads to her reprisal.
The relationships between the two main characters also change all through the play, however. Among the themes of the story is that of the gender roles, as well as the manner in which Mrs. Peters and Mrs. Hale finally grow closer as they attempt to appreciate and defend Minnie displays the gender roles. As they are women, they understand the struggle Minnie was facing besides the power of her suppression. That is why they decided, together, to cover the evidence of Minnie’s responsibility, forming the bond in their joint decision – female counter to male.
Minnie Wright is designated by the women as being a beautiful girl who then sang in their church choir (just like the canary that she had bought plus probably loved). She wore lively dresses and had been rosy-cheeked and absolutely pleasant before matrimony. The kitchenette and her presence as described by those men who had taken her in are glaring by assessment. She was sullen, unaided, depressed, and not relaxed without her smock that now describes her. The women also comment on how tough farm work was, particularly in the remote areas of the Wright’s farm. That is why, later when they discover the deceased bird wrapped affectionately in silk and slipped gently into a sewing box, the women abruptly recognize that Minnie killed her husband for also being an unkind and remorseless man who essentially “killed” a songbird that Minnie had once been. They inaudibly come to the conclusion not to display to the men the proof and to conceal the evidence of Minnie’s criminality under their own coats (Glaspell 26).
The ladies connected these two events of a bird’s death as well as the matrimony of the Wrights together. Whenever Mrs. Wright was “Minnie Foster,” only then she had been very content and a part of the motive she had been glad was since she loved also to sing. Nonetheless just like that bird which loved to sing, her husband, Mr. Wright had killed it. The marriage smothered her pleasure when she quit singing just as that bird had stopped singing immediately after Mr. Wright had killed it. Nevertheless it is also strange who really killed the songbird, but assumption can contend that it had been her husband Mr. Wright and not the wife.
Work cited
Glaspell, Susan. Trifles. Baker’s Plays, 2010. Print.