Professional Documents
Culture Documents
Q 1. Name any company or organization which is facing Globalization and other local challenges
The company which is facing these challenges for last few years is Walmart.
It is facing changes in business environment and customer preferences due to the changes in
the landscape in which retail was working earlier. Walmart, a giant in the brick and mortar
retail never expected to face competitions from someone in the technology sector.
Q 2. What are these challenges ? Is there a role of IT in meeting these challenges or grabbing the
Opportunities ?
There is a very big role of IT in meeting these challenges and grabbing the opportunities
since e-commerce is still in its nascent stages as Global online retails is still only 8-9 % of
total retail.
i) Investor’s trust
ii) Global retail market
iii) Customer personalization
iv) Supply chain improvement
ii) Enterprise IT :- Example of Enterprise IT used by SBI are BaNCS by TCS. The
implementation of Core Banking solution from TCS B@NCS at SBI and its affiliate
banks represents the largest centralized core system implementation ever
undertaken. The overall effort included the conversion of approximately 140 million
accounts held at 14,600 domestic branches of SBI and its affiliate banks.
Tuxedo acts as a middleware to integrate web based application with the Indiago
engine. The core insurance engine is Indigo. Entire business logic processing is done
from Indigo.
iv) Production IT :- Examples of production IT used by SBI are Yono , SBI Buddy and
mobile banking.
Q 2. Identfy which one is strategy execution and which one is Strategy Innovation.
In the above example OnlineSbi.com, Tuxedo and Indigo are examples of Strategy execution
while AMLOCK, B@NCS, YONO and SBI Buddy are examples of strategy innovation.