Sears Strategies
Sears: Business Strategy and Analysis
Sears, officially names Sears, Roebuck and Company, is an American chain of department stores which began its journey to success in the field of mail-order product distribution and has grown to one of the largest and most successful department store chains in the United States. Sears business model has long been attributed to a focus on customer service and satisfaction, and in recent years, Sears has begun work to change how its customers interact with the company in stores and online. In utilizing strategies to upgrade web technology, become a facet of goodwill and community giving, and in structuring itself under the business model of customer service and continued improvements to customer affordability and financing, Sears remains a top contender in the U.S. department store field.
Upgrading Web Technology and Increasing Web Presence
In an effort to keep up with competitors and the field of technology within the retail market, Sears has continuously made improvements to its technological aspects, including its website, web-marketing division and presence in the blogosphere. Sears has further implemented a strategy for its 2011 holiday season in order to generate business, web-presence and a rising over competitors. By reducing the number of elements on its web site, Sears has improved both the performance and variability of the destination, according to Keynote Systems, Inc., which ranked number one in Keynote's mobile ranking index (Tsirulnik, 2011, p. 1).
Sears has not only implemented its streamlining strategy, but has set to improve its web-based features for its customers in terms of privacy and reliability, by setting new standards for web-privacy and customer identity and financial data protection as well as minimizing facets of the old website that were deemed bulky and time-consuming. In allowing customers...
Third, the information systems implications also need to concentrate on how to manage pricing and discounting across product groups and also across payment methods. This is an area where small businesses can gain significant competitive advantage and one that is consistently ignored or not undertaken at all. For the payment card strategies in small businesses to be profitable, information systems, specifically applications, need to be created and managed to ensure
Sears The four sources can be found in two different fields. One is to use the information available with Sears itself, namely through the websites it has and through its press statements. This forms the first set and the second set is the books and periodicals that use the position and history of Sears as examples in discussing various aspects of management. The primary source is the company statements and
If, for example, an employee is working in a high volume, low margin Department, they still have a similar chance at performance goals as someone working in a low volume, high margin (appliances, for instance) area of the store. Linking compensation to market pricing evens the playing field for employees. Does using a job evaluation system for jobs that do not have market pricing data affect the relationship of these
Sears Case Study Sears, one of America's oldest retailers, was beset with a scandal involving the rebilling and illegal reaffirmation of millions of dollars in accounts that had filed for, and been granted bankruptcy. The CEO, Arthur Martinez, found out that these violations had been occurring regularly for almost 10 years. As businesses have learned from the Tylenol, Jack in the Box, and Odwalla scandals, the best defense in a situation
The declining revenues and profits are a symptom of inertia and managerial indifference. The company's latest annual report makes allusions to doing things "the Sears way" but this way is exactly what is failing. Short of overhauling the executive suite, the company needs to reposition itself by making significant upgrades to its stores, modernizing the shopping experience, improving customer service, elevating the product line by eliminating lower-end items. In addition
Business Information Systems What is a Business Information System? A program involving a business information system would prepare the person who is studying the intricacies of the process to be able to oversee the efficient and proper manner in which to use computer hardware and software systems. The individual who has completed the training process in a business information system would be able to work as a computer programmer, or a
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