This assignment has mainly been done to provide a discussion as to the application of Strategic Business Management and planning within current global business environment. For this study I have used a case study on Bharti Airtel Ltd that is an Indian mobile telephone company. Accordingly, this assignment basically covers followings objectives.
Understanding the role of strategic business planning in Bharti Airtel Ltd
Understanding of the strategies Bharti Airtel Ltd use to achieve competitive advantage
Understanding of the impact of internal and external factors on Bharti Airtel Ltd
Understanding of the environmental factors that have an effect on strategic business management and planning
Bharti Airtel Ltd is a one of the leading global telecommunication companies that operates in 19 countries across Africa and Asia having 200 million customers. It is a one of the six best performing technology companies in world that has been ranked by business week. Bharti Airtel Ltd mainly offers following services to its customers:
Mobile voice and data services
Fixed telephone line
High speed broadband services
IPTV, DTH
Turnkey telecom solutions for enterprises
National & international long distance services to carriers
(Source: About Bharti Airtel Ltd, available from:
http://www.airtel.in/wps/wcm/connect/about+bharti+airtel/Bharti+Airtel/About+bharti+airtel/?WCM_Page.ResetAll=TRUE&CACHE=NONE&CONTENTCACHE=NONE&CONNECTORCACHE=NONE&SRV=Page
(Accessed on 10th March 2012)
It is said that global business environment is changing structurally and, in all probability (Kourdi 2003). Hence, any type of business organization should have strong, transference goals, objectives and values in order to succeed the business. They enable the managers of the organization to formulate and manage appropriate strategies within the business. Accordingly, in this section I will identify and evaluate goals, objectives and core values of Bharti Airtel Ltd.
Undertaking of transformational projects which has a positive impact on the society while contributing to build the nation
Diversification into new businesses in sectors such as financial services, agriculture and retail business with world class partners
To lay the foundation for creating a conglomerate of future
Being Flexible for the adaptation of the environment changes and evolving customers’ needs
Openness and transparency
Give power to People to do their best
Creating Positive Impact on the society by creating a meaningful difference
Making it happen through the innovation of new ideas with entrepreneurial spirit
If we look at the above goals and objectives of Airtel, we can identify that they have been achieving them to a certain extent. If we consider the objective of diversification into new business, Airtel has been accessing to such business sectors. For example, now they have been engaging financial services in India through telephony services. Acquisitions of Airtel throughout the world convince us that Airtel has created a foundation for conglomerate of future. Above mentioned core values of Airtel which are the beliefs of owners have been the keys to its success.
If you need assistance with writing your essay, our professional essay writing service is here to help!
It is a big challenge for any business to have or replicate its success in globe due to higher completion. For this purpose, business orga