Академический Документы
Профессиональный Документы
Культура Документы
ACKNOWLEDGEMENT
status of most of the start-ups across the globe. Organization theory and design is
all about coordinating the structural parts of an organization and then studying it.
I will reflect my experience as an intern for a start-up in India for a company called
'Trooking', an initiative for a venture that aids for booking the best experiences
around the world, in this essay the main objective for me is to apply the theories
taught in the class and make relate them with my experiences of the real world.
putting in considerate efforts and dedicating time to reach a common goal is known
case when I was working with Trooking, various events happened which can be
related to most of the concepts that have been taught in the class. There was one
incident that happened which can be related to the concept named “Porter’s
differentiation, and focus. This strategy can be related to most of the organizations
as this gives the organization a competitive advantage and competitive scope. The
start-up in which I worked in was a team of just 10 members and was increasing at a
good pace. With me there were two more interns, we had to handle the social media
handle so the company as well as do some marketing work. When some time
passed over there I noticed that how the manager of that company was following
these competitive strategies, I am sure that the My friend who was the Founder of
this company had studied this somewhere, as now when I have learned about this I
can easily relate most of the activities which happened over there to this. All the
members including us interns were told to go for the selected niche market for all the
operations,
Trooking, which can be compared to most of the concepts taught in the class. There
was an instance that can be linked to the term "Porter's Competitive Strategies,"
strategies, which are, low-cost leadership, differentiation, and focus. As this gives
the company a competitive advantage and competitive reach, this approach can be
applied to most organizations. The start-up I worked with was a team of just 10
members but was still progressing at a good pace. There were two more interns with
me, designated to handle the social media as well as research on some marketing
activities. I realized that when some time progressed, how the manager of that
company was pursuing these competitive tactics, I am sure that this had been
researched somewhere by my friend who was the founder of this company, as now
when I heard about this, I can easily relate to most of the events that occurred over
there.
Whenever we had any task, the first thing to do was to see how it related to the
specific market the company targets, all the members including us interns were told
to go for the chosen niche market for all the activities. This illustrates how the focus
strategy was implemented because the business was still concentrating on its
primary market. The niche, for instance, was for people 18-25 years of age who love
to travel or travel a lot because of work. So if we had to advertise or run some social
media campaign, we only had to pick this specific niche and then run the campaigns
and promotions. I was enabled to connect to this idea with my personal experience
from the student-run business program, Nobizers dealing in notebooks, and bedside
organizers. To raise our sales, we used to set up stalls at different events. At the
event that will be our target market, the company on the first-hand prospects the
audience and then signs the contract. We set up our 'Meraki' stall, an event at the
college.
Around 95% of the audience were teenagers who were interested in our goods. That
strategy can easily be integrated into a start-up as they need to provide something
new and special if someone starts a company to expand, which no one in the
industry does. With the support of this, more and more clients are drawn to it.
Not just that, the main target in Trooking was to be as successful as possible in
achieving low-cost leadership, which means giving their customers the lowest rates,
which helps In generating more demand, the lower the cost, the greater the demand.
And by having a specific selling point that nobody else has, they have also sought to
be different from their rivals. Since most consumers were drawn to the offers and
services provided by the company, this helped them gain a competitive edge.
The sales department would aim to improve the interaction between the customer
and the sales facility or mechanism and or salesperson. Sales management would
break down the selling process and then increase the effectiveness of the discrete
processes as well as the interaction between processes, after that the interns had to
do the promotion work and also had to act as a middleman between the customers
and the supervisors, and the CEO was at the top looking and supervising all the
activities and taking all the important decisions. This shows how the company was
good decision according to me as there was only one product that was being offered
and that was a service, it also helped the organization to accomplish its goals in a
very short period of time, everything was really in a proper format. The only
drawback I think it had was that it enabled less employee participation, as we had to
Before putting my pen down, I would like to conclude that according to me the
organization was following most of the principles and strategies that a good
organization should follow, the only thing that I saw as a flaw was less employee
participation, other than that everything was near to perfect. I chose to do this essay
using my experiences as I have lived these and thus can easily relate to all the
https://businessjargons.com/differentiation-strategy.html
http://citeseerx.ist.psu.edu/viewdoc/download?
doi=10.1.1.203.4203&rep=rep1&type=pdf
https://economictimes.indiatimes.com/definition/cost-leadership