Hi, need to submit a 1250 words paper on the topic Analysis of Transnational IT Operations. The environmental factors have significantly influenced the formation of a new political equation and intrinsically connected through the new age communication and interdependent market forces. Hamel and Prahalad assert that ‘corporate challenges come from analyzing competitors as well as from the foreseeable pattern of industry evolution ((189, p581). Hence, the organizations need to be flexible in their approach and adopt dynamic strategies which incorporate the changing equations of the global business environment. Indeed, in such a scenario of emerging new industrial paradigm, the strategic leadership initiatives of the firms in the area of IT become the major enabling factors of competitive advantage.
The advent of new technologies, especially that of computers, has changed the modus operandi of businesses and has helped improve its efficiency and prospects. The use of computers and information technology has helped the business houses to evolve new strategies and analytical packages that have improved their efficiency. Through the judicious use of technology within the business operations, the firms are creating have a definite and advantageous position within the industry. The firms are increasingly using the information to analyze customers’ psychology through the evaluation and analysis of customer database which helps one to know the changing preferences of the customers in the rapidly changing times. Nargundkar and Srivastava assert that knowledge about the customer and their required is considered to be critical for the long-term success of a business (Nargundkar and Srivastava, 2002). Hence, analysis and identification of the changing trends of the customer requirements are important ingredients to gain leverage against their rivals.
‘The Internet with its low-cost entry and ease of use quickly changed how information was exchanged and removed the distance barriers for business partners.’ .
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