HCL Technologies' Transformation:
What were the Internal and External Forces for Change at HCL?
HCL Technologies is a company in Delhi that focuses on providing information technology (IT) services. In order to maintain its success in the market, the company underwent a successful transformation of its business model that was fueled by several internal and external forces. Some of the external forces that contributed to the change include the loss in mind share and market share, rapid changes in the IT services industry, growth of competitors, and customers' preference for an undifferentiated services provider. The internal forces were the decision by HCL's management to start the change process, disorganization of its value zone, and the establishment of a collaborative strategy.
Which of the Target Elements of Change were affected by the Changes at HCL Technologies?
The process of changing the business model of HCL Technologies incorporated various target elements that could help the company to effectively respond to the internal and external...
As has been mentioned throughout this thesis, the entire aspect of mass customization as it relates to the development of a stable quote-to-order process throughout manufacturing is critical. In this specific area is where many manufacturers face the dilemma of being entirely project-based in their manufacturing and business strategy approach or move more towards functional manufacturing with the exception being mass customization and a more fluid, agile, quote-to-order process. Figure
The consolidation of the banking industry forced higher levels of trusted interbank trading and exchanges (Lin, Hu, Sung, 2005) fueled the rapid growth of multichannel banking, thin client technologies including AJAX, JAVA (J2EE) and XML, and led eventually to mobile devices including PDAs and smart phones being able to manage financial queries and transactions (Ho, Mallick, 2010). All of these technologies had taken on immediate and urgent priority by
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now