Success Stories Result of effective strategy Essay

Success Stories Result of effective dodging - Essay ExampleEmployee empowerment is a neat technique that is used to unleash the complete potential of the human resources of an organization. Employee empowerment revolves around the idea that employees carry off personal responsibility and pride in their work if they are given the power of decision make and involved in the overall strategy making. This helps them to take personal responsibility, i.e., empowered employees tend to be more(prenominal) proactive. This will help an organization to reach its goals. Companies empower employees by creating a supportive environment and diminution the barriers inside an organization.Best physical exercise of Employee Empowerment at use is Google. Google has tasted tremendous success by apply the employee empowerment strategy. The main challenge ahead of Google after it became such a huge success was to forever innovate and contrastiveiate itself from the competition. But a traditional approach would limit employees to work an innovative and modernistic idea until and unless it was approved to be a potential product. Google overcame this by empowering the employees to speak up when ever they had a new idea irrespective of the idea being related to their actual work.Google believed that it was not just prerequisite to encourage employees but empower them to change the world. Any resource needed for the employees to focus was made available. An scuttle that highlights Googles commitment to employee empowerment is the 20 percent time program (Yap, 2011). This initiative allowed them to dedicate 1/5 of their time in the company to work an idea of their interest. The result of this strategy has been astonishing as it has helped Google to come up with many new products that have given the company a new identity. An example of this is Google News which was a result of this strategy. Employee empowerment strategy leads to specific fulfil as it helps to improve the esp rit de corps of the employees, job satisfaction and motivates them to perform better. Employees identify with the ideology of the company take pride and personal responsibility. This leads to action from them to better the overall productivity (Bailey, 2009). The problem of innovation could also have been tackled in a different way. Employees can be given power to form their own teams with whom they can innovate. This team must be given all the resources and the power needed to start and complete a project from scratch originally it is pit forward for approval. Penetration Pricing Penetration pricing is a tradeing strategy that a company uses in order to penetrate a market and increase the market share. In this strategy, a company prices its products or service at a lower cost than the normal with an intention to pull greater and faster market acceptance or to increase the already existing market share. This strategy in most cases can be short term and in some cases can be a lon g term strategy. This strategy also discourages any new company entering the corner market (Longenecker et al., 2005). Sun Microsystems used the penetration pricing strategy in order to increase its market share in desktop software segment which was mainly dominated by Microsoft. The pricing of products of cheer Microsystems was set at a price of 40%-50% of that Microsoft. This helped the company achieve a better market share and hence increase the business. This strategy was adopted as SUN Microsystems had found it increasingly rugged to penetrate the desktop software product. The theory has lead to action from the mass customers as they could now conk out genuine software at